April Current Affairs 2020

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BSNL, SBI tie-up to begin UPI-based payment platform Bharat InstaPay

SBI
  • State-owned BSNL in tie-up with State Bank of India started a UPI-based payment platform, Bharat InstaPay.
  • According to BSNL officials, the new payment facility developed by the company will enable its partners, especially prepaid sellers, to purchase service immediately for sale.

Vineet Arora designated MD, CEO of Paytm General Insurance

Vineet Arora
  • Digital payments major Paytm on 15th April declare it has selected Vineet Arora as the managing director and chief executive officer of Paytm General Insurance
  • The appointment, which is subject to regulatory approvals, is a step for Paytm to further its journey into the insurance sector with an instant focus on General Insurance.

Actor Ranjit Chowdhry passes away

Ranjit Chowdhry
  • Actor Ranjit Chowdhry, popularly known for his roles in Baton Baton Mein, Mississippi Masala, and Bollywood/Hollywood among more, passed away. He was 64.

DST starts integrated geospatial platform “Sahyog”

DST starts integrated geospatial platform “Sahyog”
  • The Department of Science and Technology (DST), Government of India, has started an Integrated Geospatial Platform known as “SAHYOG”.
  • Benefit: This integrated geospatial platform targets to assist in decision making during the present COVID-19 outbreak and support with area-specific strategies in order to handle the socio-economic impact in the recovery phase.

Abdelouahab Aissaoui wins 13th International Arab fiction prize 2020

Abdelouahab Aissaoui
  • Algerian writer Abdelouahab Aissaoui has been honored with the 13th International Arab fiction prize 2020 for his novel ‘The Spartan Court’ published by Dar Min in 2018.
  • ‘The Spartan Court’ is a historical novel that links the power struggle between Ottoman and French colonial powers in Algeria.

Jim Corbett to be India’s first quarantine facility for animals

Jim Corbett
  • India’s oldest National Park Jim Corbett, located in Uttarakhand’s Paurhi Garhwal region, has built isolation wards for animals.
  • K. Tiwari, Warden, Jim Corbett National Park, said, “At least 10 quarantine centres are being constructed within the premises to contain animals. We are also holding talks on converting the cages built for wild animals into a quarantine facility.”

Economic growth may drop to 1.1% in FY21, says SBI report

GDP
  • India’s GDP growth may fall to 1.1 percent in the current financial year, on account of the impact of COVID-19 outbreak on the economy, a research report by SBI.
  • The economic growth rate during 2019-20 is expected to come down to 4.1 percent from 5 percent projected by several agencies before the outbreak COVID-19.

Tata Power gets Edison Award for its social innovation campaign

Edison Award
  • Tata Power is being honored with the Edison Award for its social innovation campaign ‘Club Enerji #Switchoff2SwitchOn’.
  • Tata Power is India’s largest integrated power company. The Edison Awards is conferred to honor the world’s best innovations and innovators.

The US permits the sale of Anti-ship Missiles & Torpedoes to India

The US permits the sale of Anti-ship Missiles & Torpedoes to India
  • The United States has declared that the sale of Harpoon air-launched anti-ship missiles and Mark 54 lightweight torpedoes to India in order to improve India’s deterrent capabilities against “regional threats” and also to strengthen its homeland defense.

Asia to see zero percent growth in 2020: IMF

IMF
  • Asia is presumed to witness zero percent growth in 2020 because of the Covid-19 pandemic, its worst growth performance in almost 60 years, but still, the world’s largest and most populous continent is likely to far better than other regions in terms of activity, the International Monetary Fund (IMF) has said.