Daily Current Affairs 7th April, 2020

Daily Current Affairs 7 April 2020 for Banking/Insurance/SSC and other related exams.

NATIONAL NEWS

T.N. finishes on top in micro-irrigation coverage
At a time when every segment of society is reeling under the impact of COVID-19, farmers have brought some cheer to Tamil Nadu. In the just-concluded financial year 2019-20, the State finished on top at the all-India level for micro-irrigation coverage.

  • This has been achieved as part of implementation of the Pradhan Mantri Krishi Sinchayee Yojana (PMKSY), a programme aimed at promoting the “more crop per drop” concept by focussing on water-saving technologies.
  • However, as regards the cumulative total coverage under the PMKSY during 2015-2020, Tamil Nadu occupies the fourth spot with about 5.62 lakh ha, according to the PMKSY website.The first place goes to Karnataka (8.16 lakh ha) followed by Andhra Pradesh (7.17 lakh ha) and Gujarat (7 lakh ha).

Indian Railways set up fumigation tunnel in Haryana to curb coronavirus
To curb the spread of highly contagious coronavirus, Indian Railways set up a fumigation tunnel at Jagadhri Workshop near Yamuna Nagar in Haryana.

  • People attending the workshop would undergo the process of spray fumigation while passing through a tunnel like chamber before going inside, in order to maintain cleanliness and reduce the risk of infection.

Government sets up group to coordinate COVID-19 related response activities
The government notified the empowered group set up for coordination with private sector, NGOs and international organisations for COVID-19 related response activities.

  • The empowered group led by Amitabh Kant, CEO of Niti Aayog and the members of the empowered committee include Dr Vijayaraghavan, PSA, Kamal Kishore (member, NDMA); Sandeep Mohan Bhatnagar (member, CBIC); Anil Malik (AS, MHA); Vikram Doraiswami, (AS, MEA); P. Harish (AS, MEA); Gopal Baglay (JS, PMO); Aishvarya Singh (DS, PMO) and Tina Soni (DS, Cabinet Secretariat)


BANKING & FINANCE

Indian Institute of Technology Kanpur: Standard Chartered Bank first entity to fund ventilator prototype by IIT Kanpur
Standard Chartered Bank has come forward as the first entity to support an indigenized, affordable, portable and invasive ventilator prototype being developed by IIT Kanpur and its incubated company Nocca Robotics along with the Indian Angel Network.

  • Standard Chartered Bank has approved a generous CSR funding that will be used for research and development of the prototype, followed by testing of the device and clinical trials.

Airtel Payments Bank ties up with Bharti AXA General Insurance for health insurance plans
Airtel Payments Bank said it has partnered with Bharti AXA General Insurance to offer health insurance plans to provide cover and give financial protection against COVID-19.

  • Under the tie-up, the companies are offering two health insurance plans — Bharti AXA Group Health Assure which offers lump sum benefit of Rs 25,000 and Group Hospital Cash which provides daily benefit starting Rs 500 per day — to provide protection against COVID-19.


BUSINESS & ECONOMY

SBI pegs FY21 growth at 2.6%
SBI house economists have pegged the growth forecast for January-March at 2.5 per cent and for 2020-21 at 2.6 per cent given the massive disruptions to businesses and the economy due to the COVID-19-driven lockdowns, which has upended at least 70 per cent of the economy

  • The 21-day lockdown will cost the economy at least Rs 8 lakh crore, according to a report by SBI Research, which says at least 70 per cent of the economy is on a standstill because of this.
  • The country’s share in global GDP currently is 3.5 per cent.

Uber partners Flipkart to deliver essential supplies to customers
Uber announced that it is tying up with e-commerce giant Flipkart to provide delivery of essential supplies to customers during the ongoing COVID-19 crisis.

  • The company will facilitate the delivery of supplies to consumers across Delhi, Mumbai, and Bangalore.
  • The money earned through these deliveries will be given to the drivers.


SPORTS

IWF bans Malaysia and Thailand weightlifters at Tokyo Olympics
The Independent Member Federation Sanctions Panel (IMFSP) of the International Weightlifting Federation (IWF) has imposed disciplinary sanctions on Thailand and Malaysia and banned both the countries to from participating in weightlifting events at the Tokyo Olympics.

  • The IMFPS also suspended the Thai Amateur Weightlifting Association (TAWA) for three years, while the Malaysian Weightlifting Federation (MWF) has been given a one-year ban.


APPOINTMENTS

SC extends tenure of TDSAT Chairperson by three months
The Supreme Court extended by three months the tenure of chairperson of Telecom Disputes Settlement and Appellate Tribunal, TDSAT which is scheduled to end on 20th of this month.

  • A bench headed by Chief Justice S A Bobde, hearing the matter via video conferencing, extended the tenure of TDSAT chairperson by three months and, asked the Centre to expedite the appointment process for members of the tribunal.

UB Pravin Rao appointed new chairman of Nasscom
IT services industry body Nasscom has appointed UB Pravin Rao, chief operating officer, Infosys, as the chairman for the current financial year.

  • Rao, who was previously vice- chairman of Nasscom, would succeed Keshav Murugesh, Group CEO, WNS Global Services.
  • Also, Rekha M Menon, chairman and senior managing director of Accenture in India, has been named as the vice chairperson for 2020-21.


AWARDS

Kobe Bryant Officially Inducted Into Naismith Memorial Basketball Hall of Fame
The 2020 Naismith Memorial Basketball Hall of Fame has been unveiled and it’s a transcendent one, headlined by Kobe Bryant, Tim Duncan and Kevin Garnett. 

  • In addition to those NBA legends, WNBA champion and 10-time All-Star Tamika Catchings will also be enshrined.
  • Also joining the class is former Houston Rockets coach Rudy Tomjanovich, former collegiate coach Eddie Sutton, Baylor women’s basketball coach Kim Mulkey, former women’s college basketball coach Barbara Stevens and former FIBA and IOC executive Patrick Baumann.


SCIENCE & TECHNOLOGY

NASA unveils plan to setup ‘Artemis’, the first human base camp on Moon’s south pole by 2024
NASA is working on the Artemis program that aims to land humans on the moon by 2024. The space agency has put forward a plan showing what a US lunar presence may look like after the milestone.

  • NASA submitted a 13-page report to the National Space Council on 2 April.

IIT Hyderabad incubated startup develops low-cost & portable ventilator
Indian Institute of Technology Hyderabad Center for Healthcare Entrepreneurship (CfHE) incubated startup, Aerobiosys Innovations has developed a low-cost, portable, emergency-use ventilator.

  • Called ‘Jeevan Lite,’ this device offers protection to healthcare providers as well as it is Internet of Things-enabled and can be operated through a phone app. It can also be battery-operated, enabling its deployment in areas without assured power supply.
  • The ‘Minimal Viable Product’ with the required functionality of this ventilator has already been developed. Pursuant to device certification, Aerobiosys Innovations aims to produce at least 50 to 70 units per day through collaboration with an Industrial Partner.

Indian Railways develops low-cost ventilator ‘Jeevan’
The Indian Railways has developed a low-cost ventilator, Jeevan, at its Kapurthala Rail Coach Factory that could save thousands of lives at a time the country is grappling with a shortage of the medical equipment in its fight against coronavirus.

  • The prototype is now awaiting ICMR clearance to go into production.
  • It will cost around Rs 10,000 without the compressor. Once we have the ICMR approval, if we have all the materials, we will be able to produce 100 such ventilators a day

Sikkim launches portal on information about COVID-19 outbreak
The Sikkim government launched a portal for disseminating credible information on coronavirus outbreak.

  • The portal www.covid19sikkim.org, disseminate credible information on steps being taken by the state government to combat the pandemic besides acting as a fact-checker of fake news.


OBITUARIES

Kannada actor Bullet Prakash passes away at 44
Famous Kannada actor Bullet Prakash passed away in Bengaluru. He was 44.

  • One of the most loved actors of the Kannada cinema, he has worked in over 300 films in his career.
  • He is known for his comic roles and he was named ‘Bullet’ because of his love for Royal Enfield Bullet motorbikes which he used to ride.

Film-theatre actor Sasi Kalinga passes away
Noted film-theatre actor Sasi Kalinga, who immortalised a number of significant characters both on stage and silverscreen and known for his characteristic humorous expression, died. He was 59.

  • Though his real name was V Chandrakumar, the actor had been known as Sasi Kalinga throughout his decades-long acting career.
  • Before trying his luck in films, he had acted in over 500 dramas of various theatre groups in the past 25 years. He had acted in over 250 movies in a short span of time

Veteran actor Forrest Compton passes away due to COVID-19
Veteran actor Forrest Compton, best known for playing the role of district attorney Mike Karr in the long-running soap opera “The Edge of Night“, has passed away due to coronavirus complications at the age of 94.

  • The actor served with the 103rd Infantry Division in France during World War II.
  • Apart from “The Edge of Night”, his another hit was CBS series “Gomer Pyle: USMC” as the no-nonsense Lieutenant Colonel Edward Gray. His other popular works includes “One Lie to Live”, “As the World Turns” and “All My Children”.


IMPORTANT DAYS

World  Health Day
The World Health Day is a global health awareness day celebrated every year on 7 April, to spread the awareness around maintaining good health and a balanced lifestyle.

  • The tagline of World Health Day 2020 is ‘Support nurses and midwives’. To generate attention towards their contribution during the COVID-19 outbreak, the World Health Day will “highlight the current status of nursing around the world.


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