Current Affairs : 26-03-2020 in English

Economy

  • The Cabinet Committee on Economic Affairs has given its approval for continuation of the process of recapitalization of Regional Rural Banks (RRBs) by providing minimum regulatory capital (Risk weighted Assets Ratio of 9%) to RRBs up to - 2020-21.
  • The CCEA approved utilization of _______ as central government share for the scheme of Recapitalization of RRBs - Rs.670 crore (i.e. 50% of the total recapitalization support of Rs.1340 crore).

Environment

  • Scientists from Wadia Institute of Himalayan Geology (WIHG), Dehradun have found that glaciers in ____ state are melting at a higher magnitude as compared to other Himalayan regions - Sikkim.

International

  • This country will host the virtual G20 Summit on response to the COVID-19 pandemic on March 26 - Saudi Arabia.
  • Winner of the Abel Prize for the year 2020 - Gregory Margulis and Hillel Furstenberg (mathematicians).

National

  • Invest India under the Ministry of Commerce and Industry has launched this platform as a comprehensive resource to help businesses and investors get real-time updates on India’s active response to COVID-19 - The Invest India Business Immunity Platform.
  • Chaitra Sukladi, Ugadi, Gudi Padava, Cheti Chand, Navreh and Sajibu Cheiraoba Festival celebrated in India on – 25 March.
  • Rajya Sabha approved the Jammu and Kashmir Appropriation Bills 2020 with a budget of - Rs. 1 lakh crore for the fiscal year 2020-21.
  • Winner of IIFTC Tourism Impact Award 2020 at the 8th India International Film Tourism Conclave (IIFTC) in Mumbai - Zoya Akhter.

Persons in News

  • Author of novel titled ‘Legacy of Learning’ - Savita Chhabra.
  • Winner of the Orange Prize 2020 - Linda Grant (English novelists).
  • Winner of the Wingate Literary Prize 2020 - Linda Grant (for novel, A Stranger City).
  • Three teachers from India that have made it to the top 50 shortlist unveiled in London for the annual USD 1-million Varkey Foundation Global Teacher Prize 2020 - Shuvajit Payne (Rajasthan), Ranjitsinh Disale (Maharashtra), and Vineeta Garg (Delhi).
  • Winner of the RBC Taylor Prize for excellence in literary non-fiction for the year 2020 - Mark Bourrie (Ottawa).
  • Winner of the 2020 Genesis Prize - Rebecca Salter (President of the Royal Academy of Arts).
  • Winner of the 2020 Rolf Schock Prize in mathematics - Nikolai G. Makarov (Mathematics).

Sports

  • Winner of BBC Women’s Footballer of the Year 2020 - England and Lyon defender Lucy Bronze.

State Current Affairs

  • New Protem Speaker of the Madhya Pradesh Assembly - Jagdish Devda.

Science

  • Indian institute that has developed ultrafast laser surface texturing technology, which can improve the fuel efficiency of internal combustion engines - International Advanced Centre for Powder Metallurgy & New Materials (ARCI).
  • Scientists from Agharkar Research Institute (ARI), Pune have developed a biofortified durum wheat variety - MACS 4028 (high protein content of about 14.7%).

General Knowledge

  • Indian Council of Agriculture Research (ICAR) - Founded: 16 July 1929; Location: Delhi.
  • Small Industries Development Bank of India (SIDBI) - Founded: 02 April 1990; Headquarters: Lucknow, Uttar Pradesh.
  • First five Regional Rural Banks (RRBs) on 2 October 1975 - Prathama Bank (Moradabad), Gaur Gramin Bank (Malda), Gorakhpur Kshetriya Gramin Bank, Haryana Kshetriya Gramin Bank, Jaipur-Nagpur Anchalik Gramin Bank.
  • G20 (Group of Twenty) was founded on - 26 September 1999.
  • G7 (Group of Seven) - Founded: 2014; Members: Canada, France, Germany, Italy, Japan, the United Kingdom and the United States.
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