Page-442 of GKToday Archives: 2020
World Bank predicts widespread poverty in East Asia and Pacific regions
In its recently released revised forecast, the World Bank predicted that millions in the East Asia and Pacific region would enter poverty due to the impact of the pandemic on economy. WB’s Observation The World Bank forecasted that millions in ..
GoI extends Foreign Trade Policy
On April 1, 2020, the Government of India notified that the export schemes such as Export Promotion Capital Goods and Duty-Free Import authorization are to be extended by one year. Also, GoI has planned to extend Foreign Trade Policy 2015-20 ..
Month: Current Affairs - April, 2020
COVID-19: World Bank offers 1 billion USD for India’ Emergency Response Project
On April 1, 2020, the World Bank announced that it is to offer 1 billion USD to Government of India to implement Covid-19 Emergency Response and Health Systems preparedness project. About the Project The project is being launched by India ..
Month: Current Affairs - April, 2020
ICCR launches International painting competition on COVID-19
On March 31, 2020, the Indian Council for Cultural Relations (ICCR) launched global painting competition on the title Title: United against CORONA-Express through Art Highlights The ICCR aims to build cultural links between countries in the world. It tries to ..
Month: Current Affairs - April, 2020
UAE mulling the postponement of World Expo 2020
In light of the global COVID-19 pandemic, UAE is discussing the possibility of postponing the World Expo 2020 Dubai with other stakeholders. About The organisers of the 2020 World Expo have been considering the postponement of the event in light ..
Convalescent Plasma Therapy to be used against COVID-19
The US Food and Drug Administration recently approved the use of convalescent plasma therapy for treating severely critical COVID-19 patients. Convalescent Plasma Therapy Convalescent plasma therapy would make use of antibodies developed in the blood plasma of recovered patients to ..
UN Security Council adopts Resolution on Safety and Security of Peace Keepers, First of its Kind
On March 31, 2020, the United Nations Security Council adopted Resolution 2518 to ensure safety and security of peacekeepers. This is the first time, a resolution is being passed for the safety of the peacekeepers. Highlights The resolution was initiated ..
Month: Current Affairs - April, 2020
Ordinance passed for 100% Tax Exemption on donations to PM Cares Fund
On March 31, 2020, the Government of India passed an ordinance to allow 100% exemption on donations made on PM Cares Funds. The ordinance has also extended the time limit of direct and indirect tax filings to June 30, 2020. ..
Month: Current Affairs - April, 2020
Mobile hand-wash facilities for slum dwellers in Andhra Pradesh
The Andhra Pradesh government has set up mobile hand-wash facilities for the slum dwellers in the state to promote basic hygiene in light of the spread of COVID-19. About the Initiative The Andhra Pradesh government has set up mobile hand ..
Month: Current Affairs - December, 2020
World Bank: 11 million to enter poverty in Pacific and East Asia
On March 31, 2020, the World Bank announced that around 11 million are to enter poverty in Pacific and East Asia due to the spread of COVID-19. The virus has affected more than 780,000 and has so far killed more ..