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:
Switzerland based Technology company Acronis recently unveiled the inaugural edition of ‘2020 World Cyber Protection Week Survey’.
As per the survey, 42% of companies experienced a data loss event that resulted in interruption last year. It also revealed that traditional strategies of data protection can no longer keep up with the modern technology needs of individuals and organizations.

Notes:
As per the new stipulation of the Reserve Bank of India, all private sector and foreign banks will have to intimate cases of re-appointment of Managing Director and Chief executives to the Central Bank, 6 months in advance.
Earlier the practice was intimating the cases 4 months in advance. The number of names required to be mentioned in cases of fresh appointments of MD and CEOs has also been reduced to two, from three earlier.

Notes:
India’s leading private lender ICICI Bank recently announced the launch of banking services on WhatsApp amid the nation-wide lockdown resulting from the coronavirus pandemic.
The customers have to save ICICI Bank’s verified WhatsApp profile number in their contact. Using the WhatsApp banking services, the customers are provided with several banking services including checking their savings account balance, last transactions, credit card limit and blocking/unblocking credit and debit card.

Notes:
The Union Ministry of Commerce and Industry recently announced changes in the Foreign Trade Policy (FTP) of the Indian Government.
The present policy had been valid for 5 years up to March 31, 2020 while it came into force on 1st April, 2015. At the backdrop of the coronavirus pandemic, the Government has decided to extend the policy by one more year, up to 31 March, 2021.

Notes:
Domestic payment company BharatPe has partnered with ICICI Lombard General Insurance to launch the country’s first coronavirus insurance cover for merchants.
The insurance policy which can be purchased from the BharatPe mobile application aims to cover about 40 lakh shop-keepers, who are more prone to the coronavirus infection amid the lock-down. The health cover pays out 100% of the sum insured if they are tested positive for the pandemic for a premium of ₹199 for a ₹25,000 cover for one year.

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:
The Nobel Prize-winning physicist, Philip Anderson recently passed away in the United States at the age of 96.
The physicist was known for making the science community understand about magnetism and superconductivity and for starting solid state physics as a field. He had been the inspiration for other Nobel-prize winning physicists including Brian Josephson (1973) and F. Duncan Haldane (2016).

Notes:
The United Nation’s COP 26 climate change summit was scheduled to be held in the city of Glasgow in Scotland in November 2020.
Amid the world-wide Coronavirus pandemic, the Climate change summit has been postponed to 2021. The British government announced that the exact date of the rescheduled conference will be decided later. This decision has been taken by the COP Bureau of the UNFCCC along with the UK and Italy.