Current Affairs Quiz - March, 2020

Notes:
The Reserve Bank of India recently announced that it will regulate the entire activities of Payment Aggregators (PAs). Payment Aggregators enable the e-commerce sites and merchants to accept various payment instruments from the customers.
As per the guidelines on regulation of PAs and Payment gateways (PGs), the existing PAs should attain a net-worth of Rs 15 crore by March 31, 2021 and a net-worth of Rs 25 crore on or before March 31, 2023. Thereafter the net-worth of Rs 25 crore shall be maintained at all times.

Notes:
Karan Bajwa has been recently appointed as the Managing Director of Google Cloud in India. Prior to this appointment, he was serving as the Head of IBM’s India operations. He has also worked in Microsoft for nine years before that.
In this new role, Karan Bajwa will be responsible for monitoring all revenue and market operations for Google Cloud’s solution portfolio.

Notes:
The recent research of the fossil of a fish called Elpistostege watsoni has revealed the evolutionary origin of human hands.
After the research on the fossil of the fish, which was believed to be in today’s Canada about 380 million years ago, scientists have found the evolutionary origins. This research represents a crucial stage in the history of life on Earth especially the transition of fish to land vertebrates.

Notes:
Bengaluru-based mountaineer Satyarup Siddhanta was seen in news recently as he has been nominated for the Limca Book of World Records for becoming the first Indian to climb the highest volcanoes of all 7 continents.
He had also been named in the Guinness Book of World Records. He achieved the feat in 2019 and the acknowledgement came recently. He scaled the highest volcano of Antarctica – Mt Sidley as he completes his 7 summits and Volcanic 7 summits. He also holds a world record for being the world’s youngest to summit the highest mountains of each continent.

Notes:
Afghanistan recently pledged $1 million contribution to the SAARC Corona Emergency Fund, which was proposed by the Indian Prime Minister Narendra Modi.
India proposed an initial contribution of $10 million to tackle the outbreak of the deadly coronavirus. After the announcement, Nepal and Bhutan committed nearly $1 million and $100,000 respectively to the SAARC Corona Emergency Fund. Maldives pledged $ 0.2 million to the fund.

Notes:
The city of Indore of Madhya Pradesh has become the first city in the country to deploy drones to sanitize city areas against the coronavirus outbreak by sprinkling chemicals.
The Municipal Corporation of Indore has hired two drones for sprinkling sanitising chemicals. Public places like vegetables markets and streets of the city are being disinfected by spraying. The chemicals are selected such that they are not harmful to the people.

Notes:
The SAARC Disaster Management Centre has recently launched a website for information related to the COVID-19 pandemic in the region.
The website shows the number of coronavirus cases in the SAARC member states with live updates on the count of active cases. This initiative was earlier proposed by Indian Prime Minister Narendra Modi, during the recent video conference with the leaders SAARC member nations.

Notes:
Amid the coronavirus pandemic scare, the Government of India recently allowed states and Union Territories to lift food-grains for three months in advance from Food Corporation of India (FCI) for distribution through ration shops.
There are about 75 crore beneficiaries under the Public Distribution System (PDS) in India. According to a recent government data, our country has surplus food-grains of 435 lakh tonnes, with 272.19 lakh tonnes of rice and 162.79 lakh tonnes of wheat

Notes:
The International Day for the Right to the Truth Concerning Gross Human Rights Violations and for the Dignity of Victims is observed every year on 24 March, by the United Nations.
This day pays tribute to Monsignor Óscar Arnulfo Romero of El-Salvador, who was murdered on 24 March 1980. Óscar Romero was actively involved in criticising violations of the human rights. He also condemned the practices of social injustice and assassinations. He was declared ‘Saint’ by Pope Francis in 2018.

Notes:
Union Finance Minister Nirmala Sitharaman recently announced various relief measures amid lock-down of the country due to coronavirus scare.
As per the measures, the deadline for filing belated income tax return (ITR) for the financial year 2018-19 and for filing goods and services tax (GST) returns for March, April and May has been extended to June 30, 2020. She also announced waiver of minimum balance maintenance charge and ATM withdrawal charge for next 3 months. Vivad Se Vishwas Scheme has been extended from April 1 to June 30.