National and International Current Affairs 25 March 2020

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Fdaytalk Daily Current affairs for CLAT and UPSC 25 March 2020

♦ Prime Minister Narendra Modi will participate in the G20 virtual summit on 26 March 2020 to discuss on the issues related to Coronavirus.

• The G20 virtual summit will be coordinated by the Saudi G20 Presidency. 15th meeting of G20, 2020 G20 Riyadh summit to be held on 21–22 November 2020, Riyadh, Saudi Arabia

Country: Saudi Arabia
Capital: Riyadh
Government: Unitary Islamic absolute monarchy
King: Salman bin Abdulaziz Al Saud
Crown Prince: Mohammad bin Salman

Group of Twenty or G20 first meeting held on 14–15 November 2008 in United States hosted by President George W. Bush

Total members of the Group of 20 (G20):

Note: Spain is a permanent guest invitee

G20 Venues:

15th G20 summit: 21 – 22 November 2020 Riyadh, Saudi Arabia

16th G20 summit: 2021 Bari, Italy

17th G20 summit: 2022 New Delhi, India

♦ Union Cabinet apprised of a Memorandum of Understanding (MoU) signed between the Ministry of Railways with DB Engineering and Consulting GMBH, Germany for technological cooperation in Railway Sector. The MoU was signed in February 2020

♦ Union Cabinet approved for the continuation of RoSCTL from 1^st April 2020 on Garments and Made-ups until the scheme is merged with RoDTEP

• RoDTEP is to boost exports Scheme for enhancing Exports to international markets to make Indian exports cost-competitive and create a level playing field for exporters in the International market

RoDTEP: Remission of Duties and Taxes on Exported Products

RoSCTL: Rebate of State and Central Taxes and Levies

♦ Cabinet Committee on Economic Affairs approved for the continuation of the process of recapitalization of RRBs by providing min regulatory capital for another year i.e, up to 2020-21 for those RRBs which are unable to maintain min CRAR of 9%

RRB: Regional Rural Banks

CRAR: Capital to Risk-weighted Assets Ratio

♦ Cabinet Committee on Economic Affairs approved for taking up construction of Aligarh-Harduaganj flyover by the Ministry of Railways. Railway flyover, the total length of 22 km to be completed by 2024-25 with the cost of Rs. 1285 crore

♦ Scientists from Agharkar Research Institute, Pune developed a biofortified durum wheat variety MACS 4028, which shows high protein content about 14.7%, better nutritional quality of zinc 40.3 ppm, and iron content of 40.3ppm with good milling quality

♦ Summer Olympics, 2020 Tokyo Olympics which originally scheduled to be held from July 24 to August 9, 2020, has been postponed to 2021 due to pandemic Coronavirus

International Olympic Committee, President: Thomas Bach

♦ Jharkhand state assembly passed a resolution against National Population Register, NPR and National Register of Citizens, NRC on 25 March 2020

♦ Former India footballer Abdul Latif passed away in Guwahati, he played for India as a midfielder in the 1970 Asian Games where India won a bronze

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