Current affairs MAR 06 2020

1. As per a recent report on Trade-related Illicit Financial Flows, what is the rank of India among 135 countries?

Ans: Three (NEW DELHI: India has the third-highest trade-related illicit financial flow among over 135 countries with a whopping USD 83.5 billion escaping the government’s tax net owing to trade-based money laundering tactics, according to a report released on Tuesday by US-based think tank Global Financial Integrity (GFI). The GFI classifies as illicit flows funds which are illegally earned, transferred, and/or utilised across an international border. The primary sources of illicit flows include grand corruption, commercial tax evasion, and transnational crime.)

2. Which country became the first in the world to make public transport free?

Ans: Luxembourg (Luxembourg is set to become the first country in the world to make all its public transport free. Fares on trains, trams and buses will be lifted next summer under the plans of the re-elected coalition government led by Xavier Bettel, who was sworn in for a second term as prime minister on Wednesday. Bettel, whose Democratic party will form a government with the leftwing Socialist Workers’ party and the Greens, had vowed to prioritise the environment during the recent election campaign.)

3. Which Indian is the recipient of the 128th ‘Commonwealth Points of Light’ Award?

Ans: Jadav Payeng (Environmental activist Jadav Payeng, also called the ‘Forest Man’, was named as the winner of the 128th Commonwealth Points of Light Award. Payeng is a 57-year-old activist, who had transformed a treeless sandbar along the Brahmaputra river into a vast wildlife shelter. The award recognises people across the 53 Commonwealth nations for their exceptional contributions towards the community.)

4. Which act is to be amended to provide more powers to the RBI for regulating cooperative banks?

Ans: The Banking Regulation Act (This proposed bill is expected to provide more powers to the RBI for regulating cooperative banks. The bill seeks to strengthen cooperative banks by improving professionalism, access to capital and banking practices through the RBI. The administrative issues will remain to be guided by the Registrar of Cooperative.The Banking Regulation (Amendment) Bill, 2020 was introduced in the Lok Sabha by Finance Minister Nirmala Sitharaman.)

5. Which state government has announced to provide a financial assistance to the farmers for keeping stray cattle at their homes?

Ans: Uttar Pradesh (The Chief Minister of Uttar Pradesh Yogi Adityanath recently announced that the government has decided to provide a financial assistance of Rs 900 per month to those farmers who are ready to keep stray cattle at their houses and provide a shelter to them. The state government of Uttar Pradesh also announced that it has decided to build shelters for stray cattle in the state.)

6. Which country recently assumes presidency of the UN Security Council for the month of March 2020?

Ans: China (China has recently taken over as the President of the UN Security Council for the month of March 2020. The Security Council was established by the UN Agreement to maintain international peace and security. The council has 15 members (5 permanent and 10 non-permanent members for two-year terms). The 15 members assume presidency every month in a rotation basis.)

7.The Week of March 1 to March 7 is celebrated as which commemorative week across the country?

Ans: Janaushadhi week (Janaushadhi Week is being celebrated across the country from March 1 to March 7 2020 and Jan Aushadi Diwas on March 7. During this week, several activities like health check-up Camp, free doctor consultation, free medicine distribution were organised at various Janaushadhi Kendras. Pradhan Mantri Bhartiya Janaushadhi Pariyojana is an initiative by Department of Pharmaceuticals, under the Ministry of Chemicals and Fertilizers. The scheme aims to provide quality medicines at an affordable price to all people.)

8. Mukhyamantri Dal Bhat Yojna (MDBY) is a subsidised food scheme of which state government?

Ans: Jharkand (The state government of Jharkhand recently presented its budget for the financial year 2020-21. IT announced a financial assistance of Rs 5000 to Rs 7000 per annum to unemployed graduate and post-graduate youth. The state government also proposed to provide 100 units free electricity and to set up 100 mohalla clinics across the state. The Mukhyamantri Dal Bhat Yojna (MDBY) was revived to provide a meal at the price of Rs.5 to the poor people of the state.)

9. What is the time limit within which the Lokpal shall dispose of a complaint of alleged corruption against public servants?

Ans: 30 Days (Lokpal is an apex body to inquire into allegations of corruption against public functionaries of central government. The Lokpal shall dispose of any received complaint within 30 days. President Ram Nath Kovind administered the oath to Justice Pinaki Chandra Ghose as the first chairperson of Lokpal, in March 2019. Recently, the government has issued a format for filing complaints of alleged corruption against public servants (including the prime minister) with the Lokpal.)

10. Who has been appointed as the new Finance Secretary of India after Rajiv Kumar?

Ans: Ajay Bhushan Pandey (Ajay Bhushan Pandey appointed as the new Finance Secretary. Government of India appointed the current Revenue Secretary Ajay Bhushan Pandey as the new Finance Secretary. Pandey replaces current Finance Secretary Rajiv Kumar. The Appointments Committee of the Cabinet has approved the appointment.)

2 Comments

  1. Reply

    This is a good tip particularly to those fresh to the blogosphere. Short but very precise information… Many thanks for sharing this one. A must read article!

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