17-04-2021 Current affairs summary & Quiz

Flipkart acquires Cleartrip for $40 million

Bengaluru-based e-commerce company and Walmart-backed Flipkart on April 15, 2021, announced its plan to acquire Cleartrip for $40 million. In a bid to diversify its e-commerce offerings, Flipkart will acquire a 100 per cent stake in one of the oldest travel booking company in India, Cleartrip.

Cleartrip will continue operating as a separate brand with Flipkart towards diversifying the product offerings for the customers. Flipkart will retain all the employees of Cleartrip.

The acquisition move on the part of Flipkart comes during a time when the company was looking into new areas of growth and ways to foray into travel and hotel bookings on its platform. Flipkart envisions leveraging the technology capabilities and deep industry knowledge of Cleartrip to offer and enhance travel experiences for customers.

Pakistan temporarily blocks all social media platforms

Pakistan’s Ministry of Interior issued a notification on April 16, 2021, directing the Pakistan Telecommunication Authority (PTA) to temporarily block complete access to all social media platforms including Twitter, Facebook, Whatsapp, Telegram and YouTube.

The social media websites were blocked across the country between 11 AM and 3 PM on April 16th. The Ministry did not mention the reason for the suspension. 

The temporary suspension moves just a day after Pakistan slapped a ban on the radical Islamist party, Tehreek-i-Labbaik Pakistan (TLP), under the Terrorism Act after its supporters clashed with the law enforcement agencies for the third consecutive day.

US Treasury report: India placed on the currency watch list

The United States recently released its report on Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United States. The report reviewed the currency practices of the biggest trading partners of the US.

The three main criteria used by the report to review the trading partners of the US are as follows:

  • Material Current Account Surplus
  • Bilateral Trade surplus
  • Persistent one-sided intervention in forex markets

The report has placed India on the “Monitoring List”. Totally eleven trading partners of the US were placed on the list. The other ten countries were Japan, China, Germany, Korea, Italy, Ireland, Singapore, Malaysia, Mexico and Thailand. India met two of the three criteria. They were the persistent one-sided intervention and trade surplus.

The US on Refugee Cap

US President Joe Biden has planned to lift the refugee cap by May 2021. The former President Donald Trump had imposed a historically low cap, on refugees. Trump had earlier set the Refugee cap to 15,000. This was the lowest in the history of the US.

According to the United Nations Refugee Agency, there are 79.5 million forcibly displaced people in the world. This includes 26 million refugees, 4.2 million asylum seekers, 3.6 million Venezuelans displaced abroad, 45.7 million internally displaced people. The top source countries of refugees are Syria, Venezuela, Afghanistan, South Sudan and Myanmar. Around 1% of refugees have fled their homes due to conflicts or persecution.

Gender Samvaad Event

The Ministry of Rural Development recently launched the Gender Samvaad Event. It is a joint initiative between DAY-NRLM and IWWAGE. The main objective of the Gender Samvaad event was to create awareness of gender-related interventions under the DAY-NRLM.

DAY-NRLM is Deendayal Antyodaya Yojana National Rural Livelihood Mission. IWWAGE is Initiative for What Works to Advance Women and Girls in the Economy.

Turkey bans Crypto Currency payments

The Bitcoin currency tumbled more than 4% after the Central Bank of Turkey banned the use of Cryptocurrencies and crypto assets for purchases. The bank cited possible irreparable damages and transaction risks as the reason for the ban.

The ban followed the actions of Morocco in banning the currency and is expected to be implemented in India as well.

In March 2021, Turkish President Erdogan fired the top central banker Naci Agbal. This forced several businessmen to turn towards cryptocurrency as an alternate method. This increased the growth of the cryptocurrency market in Turkey. Bitcoin had surged by 111% and the second-largest cryptocurrency Ethereum jumped by 225%.

However, after the ban, Bitcoin was down by 4.6%. The Bitcoin was at 60,333 USD after the ban. The other smaller coins such as XRP, Ethereum that tend to move in tandem with bitcoin fell between 6% and 12%.

Health sector included in ECLGS scheme

The Ministry of Finance recently expanded the scope of the Emergency Credit Line Guarantee Scheme to Rs 3 lakh crores. It aims to provide relief to stressed companies in the country. This mainly includes business enterprises in the tourism, hospitality, travel and sporting sector.

The National Credit Guarantee Trustee Company is the guarantee provider of the ECLGS Scheme.

Asian Wrestling Championship: Vinesh Phogat wins Gold

The Indian Wrestler Vinesh Phogat has won her maiden Gold at the Asian Wrestling Championship. She won the medal beating Taipei’s Meng Hsuan Hsieh. Vinesh had earlier won four bronze and three silver medals. This is her third gold medal, but first at the Asian Wrestling Championship.

Right to Privacy, Reputation extinguishes after death: Madras High Court

The Madras High court recently pronounced that the Right to Privacy of a deceased person cannot be inherited.

J Deepa, niece of former Chief Minister J Jayalalitha filed a plea in the High Court to stop the release of a biopic “Thalaivi”. The movie is based on the life of the former CM. According to the petitioner, the movie is defaming her reputation. Also, the life story of Jayalalitha cannot be filmed without adding the life of her relatives into it. By this, it will amount to invade her (Deepa’s) privacy as well.

EatSmart Cities Challenge and Transport 4 All Challenge

The Ministry of Housing and Urban Affairs recently launched the EatSmart Cities Challenge and Transport 4 All Challenge. The main objective of the EatSmart Cities Challenge is to create an environment of the right food practices and habits. The Transport 4 all challenge aims to make public transport safe, comfortable, affordable and reliable.

It aims to create a competitive spirit in the cities. Through this, it will recognise the efforts that scale up various initiatives under Eat Right India. The challenge has been opened in all smart cities of India. Also, it has been opened in cities with a population of more than five lakh. The challenge will motivate smart cities to develop a plan to support a sustainable food environment. Also, it will support them in developing physical, economic and social infrastructure along with the application of smart solutions.

National Startup Advisory Council

The Ministry of Commerce and Industry Shri Piyush Goyal recently chaired the first meeting of the National Startup Advisory Council. It was constituted by the Department for Promotion of Industry and Internal Trade. The main objective of the council is to advise the Government of India on measures needed to build a strong ecosystem to nurture innovation and startups in the country. This is to drive sustainable economic growth in the country and also to generate large scale employment opportunities. The council is constituted with both Ex-officio and non-official members. These members are nominated by the Government of India. They include members from the central ministries and also the founder of successful startups.

Regulations Review Authority 2.0

The Reserve Bank of India recently established the Regulations Review Authority (RRA) 2.0. The authority is to function for one year. The RRA will review the regulatory prescriptions internally. It will also review the regulatory prescriptions by seeking suggestions from regulated entities and stakeholders. It will work towards easing the implementations of the regulatory prescriptions. Deputy Governor Rajeshwar Rao has been appointed as the head of RRA. It will work in reducing the compliance burden on regulated entities. This is to be done by streamlining the reporting mechanism, removing paper-based submission of returns wherever possible and revoking obsolete instructions. The RRA will also obtain feedback from regulated entities on simplification of procedures and enhancing the ease of compliance. The RRA will also examine and suggest the changes required in the dissemination process of RBI instructions and circulars.

Rural Health Statistics Report

The Ministry of Health and Family Welfare recently released the Rural Health Statistics Report. According to the report, there is an overall shortage of specialist doctors at the Community Health Centres. There is an overall shortfall of 76.1% specialist doctors at the Community Health Centres in rural areas. There are 5,183 Community Health Centres currently functioning in India. There is a shortfall of 78.9% of surgeons, 78.2% of physicians, 69.7% of gynaecologists and 78.2% of paediatricians. Around 63.3% of sanctioned posts of specialists at the Community Health Centres are vacant. Out of the sanctioned posts, the percentage of vacancy in individual posts is as follows: 68.4% of Surgeons 56.1% of gynaecologists 66.88% of physicians 63.1% of paediatricians The requirement of physicians in the CHCs is 5,183. However, there is a shortfall of 4,087. This has grown from a 3,881 shortfall in 2019. The shortfall has increased by 27.7% in one year. Under the category of Surgeons, the five states with the maximum shortfall of physicians in CHC are Rajasthan, Uttar Pradesh, Gujarat, Odisha and Madhya Pradesh. Under the category of Gynecologists, the five states with the maximum shortfall of physicians in CHC are Rajasthan, Uttar Pradesh, Gujarat, Madhya Pradesh and Tamil Nadu. The number of doctors required in Primary Health Centres in the rural area is 24,918. And around 8,638 positions are vacant. The shortfall of doctors in PHCs was the highest in Odisha, Rajasthan, Chhattisgarh, Uttar Pradesh, and Karnataka. The shortfall in the posts of health workers was 2%.

World Haemophilia Day: April 17

Every year, World Haemophilia Day is celebrated on April 17 by the World Federation of Haemophilia.  Haemophilia is a rare disorder where the human blood does not clot normally. This is because the blood lacks sufficient blood-clotting proteins. It is an inherited genetic disorder. Women rarely suffer from the disease. This year, World Haemophilia Day is celebrated under the following theme

Theme: Adapting to Change

Indian Air Force Commanders’ Conference 2021 concluded in New Delhi

The Indian Air Force Commanders’ Conference 2021, themed ‘Reorienting for the Future’ concluded at Air headquarters in New Delhi on Friday. The three-day conference saw detailed deliberations on ways and means to enhance the operational capabilities of the IAF.

Air Officers Commanding-in-Chief of the seven commands and key appointments from Air headquarters attended the conference. The conference was addressed by Defence Minister Rajnath Singh yesterday. The Chief of Defence Staff, Navy Chief and Army Chief also addressed the conference and interacted with the commanders on subjects of future war-fighting through joint planning and integration of service capabilities.

Renowned radiologist and first Director of NIMS, Kakarla Subba Rao passes away

Dr Subba Rao is credited with the development of Nizam's Institute of Medical Sciences into a super-speciality hospital, after returning to India from the USA and taking charge as its head.

Who is the CEO of Flipkart?

  • Amar Nagaram
  • Kalyan Krishnamurthy
  • Rahul Chari
  • Jeff Bezos
  • Rishi Vasudev

Which among the following countries is not placed in the US Treasury Monitoring List?

  • China
  • India
  • Thailand
  • Mexico
  • Singapore

What is the full form of IWWAGE?

  • Initiative for the Wellness and Wellbeing of All Genders in the Economy
  • Indian Waterways Agency
  • Initiative for What Works to Advance Women and Girls in the Economy
  • Indian Wildlife Weightage Affiliates and Generic Enforcers

Thalaivi is the biopic of ____.

  • Brinda Karat
  • Mamata Banerjee
  • J Jayalalitha
  • Sucheta Kripalani

Vinesh Phogat won the medal beating _____.

  • Hikaru Shida
  • Becky Lynch
  • Tessa Blanchard
  • Meng Hsuan Hsieh

The Reserve Bank of India recently established the Regulations Review Authority (RRA) 2.0. The authority is to function for ____ year.

  • One
  • Two
  • Three
  • Four
  • Five

According to the Rural Health Statistics Report, how many doctors required in Primary Health Centres in India's rural areas?

  • 8,638
  • 12067
  • 24,918
  • 2000

When is World Haemophilia Day is celebrated?

  • April 16
  • April 12
  • April 17
  • April 02

What is the theme of World Haemophilia Day?

  • Adapting to Change
  • Sharing the knowledge
  • Exploring the unexplored
  • Facing the game

Who is the first Director of NIMS?

  • Kakarla Subba Rao
  • Kotha Satchidananda Murthy
  • Konijeti Rosaiah
  • Devi Shetty

Post a Comment