Current Affairs Quiz - April, 2020

Notes:
Every year, March 30 is being celebrated as ‘Rajasthan Day’, to commemorate the day on which the state, which was earlier known as Rajputana came into existence.
The state of Rajasthan came into existence on March 30, 1949. Rajasthan is the largest state of India in terms of the area. It comprised of around 21 small and big princely states before Independence. Rajasthan was inaugurated as a unified state by the first Indian Prime Minister Jawaharlal Nehru on April 18, 1948.

Notes:
Punjab National Bank has unveiled its new logo ahead of its merger with the United Bank of India and the Oriental Bank of Commerce.
The new logo bears the symbols of all the three public sector banks. The Reserve Bank of India (RBI) has issued a notification that the merger of ten banks into four will be carried out as scheduled, on April 1, 2020. After the amalgamation process, PNB will become the second largest lender in India after the State Bank of India.

Notes:
As per the recent notification of the Reserve Bank of India, the Centre has extended the tenure of Reserve Bank Deputy Governor B P Kanungo by a year with effect from April 3, 2020.
Kanungo assumed charge as a Deputy Governor in 2017 and his term was to end at April 2. Now he has been re-appointed as the Deputy Governor for a period of 1 year. Other three Deputy Governors are N S Vishwanathan, M K Jain and Michael Debabrata Patra.

Notes:
From April 1, 2020, several changes are coming into force in the direct tax regime of India, with the changes in provision of Finance Act.
The prime change is with respect to the Non-Resident Indians. The NRIs with over ₹15 lakh income from Indian sources will be deemed as Indian residents for the purpose of taxation, if they had spent 120 days in India in the previous year. Earlier the number of days needed to be spent was 182.

Notes:
The Research and Development team of the Pune-based Mylab Discovery, headed by the virologist Minal Dakhave Bhosale has designed the first made-in-India testing kit for the Covid-19 disease.
This first indigenous kit, which has been developed in a record time of six weeks, is called ‘Patho Detect’. Usually developing such testing kits would take three to four months. Mylab Discovery is a molecular diagnostic company, which is also the first Indian firm to get full approval to make and sell Covid-19 testing kits.

Notes:
The Reserve Bank of India recently released some measures to deal with the consequence of the coronavirus pandemic. As per the new export norms, the exporters can take 15 months to realise their export proceeds, for exports made up to July 31 against the earlier 9 months.
RBI also increased the Ways and Means Advances limit for state governments and UTs by 30 % till September 30. It also said that the banks are not required to activate counter-cyclical capital buffers for one more year.

Notes:
Every year, the 2nd day of April has been observed as the World Autism Awareness Day, across the world.
According to the United Nations, the theme of the 2020 World Autism Awareness Day is “The Transition to Adulthood”. The UN Secretary General António Guterres announced that the rights of persons with autism must be taken into account in all responses to the COVID-19 pandemic.

Notes:
As per a recent survey conducted by the World Economic Forum (WEF), about one-fourth of the consumers in India pay for news at present but nearly two-third of the population are willing to pay.
Amidst the ongoing coronavirus pandemic, the role of media has become vital in the society. The World Economic Forum (WEF) conducted a survey of news and entertainment consumers in six markets including China, Germany, India, South Korea, the UK and the US. It also revealed that 60% of consumers registered for a media service.

Notes:
Technological major Google has recently shut down its neighbourhood community app called Neighbourly, which will be completely closed on May 12, 2020.
The application which was launched two years ago, hasn’t gained much userbase as expected and hence it has been shut down. The users will be able to download the content of the application until October 12 of this year.

Notes:
The official mascots of the 2022 Asian Games were released at a digital launch ceremony in China recently.
Congcong, Lianlian and Chenchen are named as the mascots of the 19th Asian Games, which is scheduled to be held at Hangzhou, China. Three robots nicknamed as ‘Smart Triplets’, representing the mascots were unveiled, to highlight the expertise of the city.