Daily Current Affairs Quiz : April 17-18, 2022

Notes:
The Maharashtra government has developed a website-based migration tracking system (MTS) application to map the movement of vulnerable seasonal migrant workers.
The state women and child development department launched it as a pilot project in November last year in six districts with high tribal population. It aims for tracing and porting of ICDS facilities to anganwadi beneficiaries during their seasonal migration.

Notes:
The Commerce Ministry has relaxed various procedures under the Export Promotion Capital Goods (EPCG) scheme. Under the scheme, imports of capital goods are allowed duty free, subject to an export obligation.
The relaxations were announced in order to reduce compliance requirements and facilitate ease of doing business.

Notes:
In the field of finance related to merger and acquisition, limited-duration shareholder rights plan is also known as a “Poison pill”.
Recently, in response to Elon Musk’s take-over bid, Twitter has adopted “poison pill”, which allows existing shareholders to purchase freshly issued shares in a company at a discount to the trading price. This will in turn make buyout plan extremely expensive and complicated.

Notes:
Karnataka Chief Minister Basavaraj Bommai announced that the birth anniversary of Siddalinga Swami will be celebrated as ‘Integration Day’.
Siddalinga Swami of Tontadarya Mutt in Gadag was a thinker and philosopher. He led the ‘Save Kappatagudda’ movement, which forced the Government to declare it a wildlife sanctuary.

Notes:
Research Designs and Standards Organisation (RDSO) is a research organisation, functioning under Indian Railways.
Indian Railways has announced that the operation of diesel locomotives with B-5 bio-diesel have been tested by Research Designs and Standards Organisation (RDSO). Bio-diesel may be used for running diesel locomotives in a pilot initially.