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weekly current affairs of march 3rd week

 Weekly current affairs

Weekly Current affairs of April 3rd week 2020


We bring you the complete and important daily Current Affairs of  MARCH 2020 Quiz to achieve more marks in Banking, Insurance, UPSC, SSC, CLAT, Railways and all other competitive Exams. We prepare it based on our daily current affairs.Hope you like it.Current Affairs of March 2020 with Latest Current affairs March 2020 PDF for preparation of Bank Exam – PO & clerk, SSC, Railways & Insurance. Our Current Affairs of April 2020 PDF covers various sections like National March Current Affairs 2020, business & economy, Indian and International affairs 2020, defense, environment current affairs, persons and many for competitive exams preparing aspirants.



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INTERNATIONAL AFFAIRS


WhatsApp launched Coronavirus Information Hub, donated $1 million to IFCN


International Fast-Checking Network (IFCN)  in order to avoid fake information about the disease.


About Whatsapp:
Founders- Jan Koum, Brian Acton.
Headquarters- California, United States (US).
About UNDP:
Headquarters- New York City.
Administrator- Achim Steiner.


Philippines shut Financial Market due to COVID 19 outbreak


About Philippines:
Capital– Manila
Currency– Philippine peso
President– Rodrigo Duterte



World Cities Summit 2020 to be held in Singapore from July 5 to 9




The theme for WCS 2020 is ”Livable and Sustainable Cities: Adapting to a Disrupted World”.


About Singapore:
President– Halimah Yacob
Capital– Singapore
Currency-Singapore dollar

3rd edition of WION Global Summit 2020 held in Dubai,UAE

WION (World Is One News)

theme “Navigating and negotiating global imperatives” at The Oberoi, in Dubai, UAE ( United Arab Emirates).

About UAE:Capital– Abu Dhabi
Currency– United Arab Emirates dirham
President– Khalifa bin Zayed Al Nahyan
Prime Minister– Mohammed bin Rashid Al Maktoum



BANKING & FINANCE


Fitch Ratings cuts India’s growth forecast to 5.1% for FY’21 from 5.6%


About Fitch Ratings:
It is a leading provider of credit ratings, commentary and research.
President– Ian Linnell
Headquarters– New York, United States (US)



ICICI Lombard introduced ‘COVID-19 Protection cover’ for Coronavirus positive case



About ICICI Lombard
Parent organization– ICICI Bank
Headquarters– Mumbai
MD & CEO– Bhargav Dasgupta


RBI extended authorisation to Vakrangee Ltd for white label ATMs till Mar 31, 2021







  • Managing Director & Group CEO– Dinesh Nandwana
  • Headquarters– Mumbai, Maharashtra




RBI to infuse 10,000 crore via OMO to maintain liquidity in banking system




DBS Bank India ties up with Bharti AXA to roll out insurance plan covering COVID-19



About Bharti AXA General Insurance:Headquarter– Mumbai, Maharashtra
MD & CEO– Sanjeev Srinivasan
It is a joint venture between Bharti Enterprises and Axa business Group.
About DBS Bank India Limited:Headquarters– Mumbai, Maharashtra
Managing Director & CEO- Mr. Surojit Shome

Flipkart teamed up with Aegon life insurance to sell quick-access life insurance policies


ECONOMY & BUSINESS



L&T Technology Services and IIT-Kanpur Sign MoU for Research in Cybersecurity Programs


Microsoft India & NASSCOM Foundation launches ‘Innovate for accessible India campaign’ to empower people with disabilities

About Microsoft India Private Limited:Headquarters– Hyderabad, Telangana
President– Anant Maheshwari
About NASSCOM Foundation:
Headquarters– New Delhi
CEO– Ashok Pamidi   

39th GST Council meet headed by Nirmala Sitharaman held in New Delhi; Know your Supplier’ introduced; GST on mobile phones hiked to 18%

  • GST on mobile phones and specified parts were increased to 18% from 12%.
  • GST on Maintenance, Repair and Overhaul (MRO) service in respect to aircraft was reduced to 5% from 18% with full ITC (Input Tax Credit).
  • GST on all types of matchsticks have been rationalised to a single GST rate of 12%. Till now, the handmade ones were taxed at 5% and the rest was taxed at 18%.

OIL signed agreement Crude Oil agreement with Numaligarh Refinery

Oil India Limited (OIL) signed an agreement named as Crude Oil Sales Agreement (COSA) with Numaligarh Refinery for sale &purchase of crude oil at Narengi, Guwahati.

About OIL:
Headquarters– Noida, India
Chairman & Managing Director– Sushil Chandra Mishra


ACQUISITIONS & MERGERS    



Ashok leyland to acquire 19% additional stake in HLFL for Rs 1,200 cr




AWARDS & RECOGNITIONS  


Indian mountaineer Satyarup Siddhanta enters ‘Limca Book of Records’


Indian journalists Rohini Mohan, Arfa Khanum Sherwani received Chameli Devi Jain Award 2019 for outstanding Women mediapersons


Prachi Salve of IndiaSpend and Pradeep Dwivedi of DainikJagran wins Road Safety (RS) Media Fellowship 2019


Centre for Media Studies (CMS) announced that Prachi Salve of IndiaSpend and Pradeep Dwivedi of DainikJagran as the first winner of Road Safety (RS) Media Fellowship 2019, for their work in contribution towards reporting on road safety.


BOOKS & AUTHORS

A new book entitled ‘Messiah Modi: A Great tale of expectations’ penned by Tavleen singh released


Nitin Gadkari presents a copy of ‘Invincible – A Tribute to Manohar Parrikar’ to the President 


The “Invincible – A Tribute to Manohar Parrikar” was authored by Tarun Vijay and released by defence minister Rajnath Singh on 16th March 2020.




“My Encounters in Parliament” authored by Bhalchandra Mungekar released



RBI issued new guidelines for payment aggregators; MCR reduced for new PAs to Rs 15 crore from Rs 100 crore


These are issued under Section 18 read with Section 10(2) of the Payment and Settlement Systems Act, 2007 and shall come into effect from April 1, 2020. The new rules are for non-bank PAs.

minimum capital requirements (MCR)

However the net worth needs to be increased to Rs 25 crore within three years of operations. 



RBI opens dollar-swap window along with infusion of Rs 1,00,000 crore through LTRO


Long Term Repo Operations (LTROs)




S&P slashes India’s growth rate for 2020 to 5.2% from 5.7%



A book titled “An Extraordinary Life: A biography of Manohar Parrikar” to be released in April 2020



 A book titled “An Extraordinary Life: A biography of Manohar Parrikar” was written by senior journalists Sadguru Patil and Mayabhushan Nagvenkar. The book was published by Penguin Random House India and to be released in April 2020.


APPOINTMENTS & RESIGNATIONS


RBI appoints R Gandhi & Ananth Gopalakrishnan as additional directors of Yes Bank



Indian umpires Janani Narayanan and Vrinda Rathi named in International Panel of ICC Development Umpires


Janani Narayanan from Tamil Nadu (TN) and Vrinda Rathi from Mumbai 

About International Cricket Council (ICC):
Motto- Cricket for good.
Headquarters- Dubai, United Arab Emirates (UAE).
Chairman- Shashank Manohar.
Chief Executive Officer (CEO)- Manu Sawhney.





Ex-SBI chief Arundhati Bhattacharya resigns from Crisil board




Barham Salih President of Iraq designates Adnan al-Zurfi as Prime Minister






Rajiv Bajaj got reappointed as MD & CEO of Bajaj Auto for 5 years



About Bajaj Auto Limited:Headquarters– Pune,Maharashtra
Chairman– Rahul Bajaj




Government nominated former chief justice of India Ranjan Gogoi to Rajya Sabha



Ravinder Singh Dhillon appointed as CMD of Power Finance Corporation

Justice Bansi Lal Bhat got appointed as officiating chairperson of NCLAT for 3 months

National Company Law Appellate Tribunal (NCLAT) 


Shardul Thakur appointed as brand ambassador of Tata Power


Prashant Kumar appointed as MD & CEO, Sunil Mehta as Non-Executive Chairman & of YES Bank


OBITUARY


Indian football legend P.K. Banerjee passed away at 83



Former world champion boxer Roger Mayweather passes away



Veteran journalist, former Rajya Sabha Member  Patil Puttappa passes away at 99



Famous Marathi Actor Jairam Kulkarni passed away at 88

SahityaAkademi awardee, Malayalam poet Puthussery Ramachandran passed away 

SCIENCE & TECHNOLOGY



Government launched MyGov Corona Helpdesk on WhatsApp


Swiss scientists discover rain of molten iron on distant exoplanet ‘WASP-76b’

Newly Discovered insect species named after singer Lady Gaga

 A newly discovered species of treehopper has been named “Kaikaia Gaga” after American singer Lady Gaga


Scientists at ARCI- Hyderabad develops ‘solar receiver tube technology’ for industrial process heat

SPORTS

ATK FC won ISL trophy for the 3rd time by defeating Chennaiyin FC 



ATK FC (Football Club) won the ISL (Indian Super League) trophy for the 3rd  time following a 3-1 win against Chennaiyin FC in the final match held at the Jawaharlal Nehru Stadium, Margao, Goa.

Jaydev Unadkat led Saurashtra Cricket team won Ranji Trophy title 2019-20

Based in Gujarat

The most successful champion of Ranji trophy was Mumbai (41 times).



IMPORTANT DAYS


World Sparrow Day 2020:  March 20


The theme of the World Sparrow Day is I LOVE Sparrows. 





International Day of Happiness 2020: March 20


Theme of the year 2020:  “Happiness For All Together”.




World Day of Theatre for Children and Young People 2020: March 20



Global Recycling Day 2020: March 18




 “Recycling Heroes” as the theme for third Global Recycling Day.

Pi (π) day was celebrated on March 14, 2020

World Consumer Day 2020 was observed on March 15 

Theme of the year 2020: The Sustainable Consumer.

National Vaccination Day 2020 is observed on March 16

About WHO:
Headquarters– Geneva, Switzerland
Director General– TedrosAdhanom



NATIONAL AFFAIRS


Ministry of Defence signs Rs 880 crore contract for Negev 7.62X51 mm Light Machine Guns with Israeli Weapons Industries






Finance Commission sets up committee to review the fiscal consolidation road map


The committee is headed by 15th Finance Commission Chairman N K Singh.


PM Modi formed COVID-19 Economic Response Task Force headed by Finance Minister Nirmala Sitharaman




SIDBI to launch a special train ‘Swavalamban express’ on June 5, 2020, for new entrepreneurs



About Small Industries Development Bank of India (SIDBI):Headquarters- Lucknow, Uttar Pradesh
Chairman and Managing Director(MD)– Mohammad Mustafa


DAC provided green signal to procure 83 Tejas Mark 1A fighter aircraft and Rs 1300 cr defence equipments for IAF; Amendment in DPP 2016 also approved






Indian Railways to electrify all broad gauge routes by December 2023



Premium subsidy sharing pattern between Centre & NER (north Eastern states)changed from 50:50 to 90:10; PM-KISAN Scheme reached to 8,69,79,391 beneficiaries




APEDA signs MoU with SFAC



Agricultural and Processed Food Products Export Development Authority (APEDA) signed a Memorandum of Understanding (MoU) with Small Farmers Agribusiness Consortium (SFAC). 




Saudi Arabia accepts India’s Proposal For Virtual G20 Summit




Armed Forces spends Rs 26.12 crore in legal expenses  







Banihal to Katra railway link to be completed by 2022



which is part of the Udhampur- Srinagar-Baramulla rail link project.


Odisha’s Konark sun temple & Statue of Unity in Gujarat finds place in iconic tourism sites list: Prahlad Singh



Govt sanctioned Rs 20,466.94 crore loan to women under ‘Stand up India scheme’: Anurag singh Thakur




the Minister of State (MoS) for Finance & Corporate Affairs,Shri Anurag Singh Thakur




SBI acquired 6.825% stake Zero Mass Private Limited


Haryana’s Amin village renamed as Abhimanyupur

About Haryana:
Capital– Chandigarh.
Chief Minister (CM)– Manohar Lal Khattar.
Governor– Satyadev Narayan Arya.


India to provide NPR 107.01 million to build 3 schools in Nepal



Government targeted to achieve sales around 70 lakh hybrid & electric vehicles by the end of 2020


Government proposed masks & hand sanitizers under Essential Commodities Act 1955


CRPF signs MoU with Aditya mehta foundation to train its specially-abled troops in areas of cyber security & AI


Phool Dei festival was celebrated in Uttarakhand

About Uttarakhand:
Capital- Dehradun (Winter capital), Gairsain (Summer capital).
Governor- Baby Rani Maurya.



PM Modi proposed the creation of COVID 19 emergency fund of SAARC nation during video conference in New Delhi; India offered US $10 million

Mansukh Mandaviya inaugurates ROPAX Service from BhauchaDhakka to Mandwa in Maharashtra

It is a Water Transport Service Project under Eastern Waterfront Development from BhauchaDhakka in Mumbai to Mandwa in Maharashtra.


The road distance from BhauchaDhakka, Mumbai to Mandwa will cover about 110km which takes a time duration of 3-4 hours but the waterway covers about 18km and takes about 1 hourfor a one-way trip.


Mumbai Central station to be renamed as Nana Shankarsheth Mumbai Central railway station


Assam Government to construct 33 stadiums under Uttaran scheme

300 crores will be provided to construct these stadiums announced by Principal Secretary of Sports Avinash Joshi and Joint Director Kamaljit and 500 playgrounds are being built to encourage rural talents.

WINGS INDIA 2020 an international exhibition & conference held in Hyderabad

themed as ‘Flying For All’ 

Bhoomi Rashi portal’- expedited Error free & transparent land acquisition for National Highways project

About Ministry of Road Transport and Highways:
Headquarters- New Delhi.
Union Minister- Nitin Jairam Gadkari.


STATE NEWS

J&K Government sets up Social and Educational: Backward Classes commission




Himachal Pradesh Government launched Police Station Visitor Survey System and e-Night Beat Checking System




Sanitary personnel in Tamil Nadu to be called as ‘cleanliness workers’: CM



Jammu & Kashmir announces Rs 5 lakh Free Health Insurance under Ayushman Bharat





Uttarakhand cancels quota in promotion for state government employees


M Gopal Reddy appointed as Chief Secretary of MP


Election Comission of India appoints Hirdesh Kumar as New Chief Electoral Officer of Jammu and Kashmir


After Maharashtra & Odisha, J’khand becomes the 3rd state in India to launch ‘Star Rating program’ for industries


PM Modi participated in the 100th Birth Anniversary of Bangabandhu Sheikh Mujibur Rahman via Video conference

Rahman, who is the first President of Bangladesh


MoCA flagged off first-ever Indore-Kishangarh flight under UDAN

The Ministry of Civil Aviation (MoCA) flagged off the first-ever thrice-weekly flight from Indore (Madhya Pradesh) to Kishangarh (Ajmer, Rajasthan) under the UDAN(Ude Desh ka Aam Naagrik) scheme of the Government of India. This is the 268th route to be made operational under the UDAN scheme.

Biren Singh announced CMAST and CMAT scheme for welfare of  sports persons & artistes


Manipur Chief Minister Nongthombam(N) Biren Singh announced the Chief Minister’s AkhannabaSanaroisingiTengbang (CMAST) & Chief Ministergi Artiste SinggiTengbang (CMAT) to provide benefits to sports persons & artistes who have brought laurels to the State & country.
CMAST Scheme (for sports persons)

i.This project is estimated to cost around Rs 7.36 crore (736 lakh).
CMAT Scheme (for artistes)
i.The project is estimated around Rs 5.7 crore (570 Lakh)