Daily Current Affairs – 24th April 2020

1) MHRD launches ‘Vidyadan’ to provide digital curriculum

The Ministry of Human Resource Development (MHRD) has launched ‘VidyaDaan’ to strengthen online education. It was started by HRD Minister Ramesh Pokhriyal ‘Nishank’ on 22 April. Its aim is to provide quality digital course material on various online education platforms to prevent infection of coronavirus.

What is learning?

Vidyadan is a national program under which various academics and organizations will be linked to develop and contribute e-learning content as per syllabus. Those who want to contribute in developing e-learning content can submit their contribution in the form of explanatory videos, animations, path plans, evaluation and question bank.

Under this program, all the material will be reviewed by the experts and after that it will be released for use on the DIKSHA App. With this, students from all over the country will be able to study anywhere and anytime.

States and Union Territories can start their own learning programs, linking it to individuals, organizations, educational institutions, edtech organizations, teachers, etc. and making it available in the context of regional language and their respective regions. Can.

2) PV Sindhu selected as the ambassador of BWF’s ‘I am badminton’ campaign

Eight players, including Indian badminton player PV Sindhu, have been selected as the ambassadors of the ‘I am badminton’ awareness campaign of the World Badminton Federation (BWF). PV Sindhu is the first Indian to become World Badminton Champion.

In addition to Sindhu, the campaign also includes Michelle Lee of Canada, Zheng Si Wei and Huang Ya Keong of China, Jack Shepard of England, Wallaceca Noblach of Germany, Chan Ho Yuen of Hong Kong and Mark Jewelber of Germany.

What is ‘I am Badminton’ campaign?

The ‘I Am Badminton’ campaign is an awareness program launched by the Badminton World Federation (BWF). In this campaign, players are given a platform to express their love and respect for the badminton game. In this forum, he advocates playing honest and clean games.

3) 23 April: World Book Day, Kuala Lumpur named World Book Capital 2020

Every year 23 April is celebrated as ‘World Book Day’. The purpose of celebrating this day is to promote the habit of reading the book among the people. Since copyright is an important issue in the book world, it is also emphasized on World Book Day. For this reason, in many parts of the world, it is also celebrated as ‘World Book and Copyright Day’.

St George’s Day occurs on 23 April in the UK and Ireland. Because of this, World Book Day is celebrated there on the first Thursday of March.

World Book Capital

UNESCO designates the World Book Capital every year. This book stays in the capital for a period of 1 year from 23 April. This year, Malaysia’s capital Kuala Lumpur (KL) has been named as the ‘World Book Capital 2020’.

This year, in the year 2020, the theme of World Book Day – ‘KL Baca – caring through reading’.

4) 23 April: United Nations English Language Day

United Nations English Language Day is celebrated every year on 23 April. United Nations Spanish Language Day is also celebrated on this day. The purpose of celebrating Language Day is to promote multi-linguism and cultural diversity. English is a language that connects people coming from different countries and cultures.

William Shakespeare’s Birthday

On 23 April William Shakespeare, the famous Englishman, was born and he died on this day too. Therefore, the United Nations Educational, Scientific and Cultural Organization (UNESCO) chose 23 April as English Language Day.

United Nations 6 different days for official languages

There are six authorized languages ​​of the United Nations. Different days have been fixed for these 6 official languages:

  • Arabic language: 18 December
  • Chinese language: 20 April
  • English language: 23 April
  • Spanish language: 23 April
  • French language: 20 April
  • Russian language: 6 June

5) World Press Freedom Index 2020: India 142nd and Norway Ranked First

Reporters Without Borders- RWB, a global body tracking the condition of the press, released the World Press Freedom Index 2020 on 21 April. India ranks 142 in this index of 180 countries. India was ranked 140 in the World Press Freedom Index of 2019 last year.

Norway, Finland and Denmark rank first three

Norway tops the index. Norway ranks first for the fourth consecutive year. Finland is second and Denmark is third in the index. The lowest ranking is of North Korea which is at 180th place while Turkmenistan is at 179th place.

What is Reporters Without Borders (RWB)?

‘Reporters Without Borders’ (Reporters Without Borders- RWB) is a non-profit organization that works to document and counter attacks on journalists around the world. The headquarters of RWB is located in the French capital Paris.

6) Oil prices to below zero level

According to a Bloomberg media report, the prices of West Texas Intermediate-WTI oil in the United States oil market have fallen to $ 40.32 a barrel due to the COVID-19 epidemic.

According to Bloomberg, such a low level of oil price was seen in the east immediately after World War II.

At present, the price of oil has fallen below zero mark and at this price only the seller of crude oil has to pay $ 40 to the buyer on the purchase of each barrel.

Fall in oil price level:

From the level of $ 60 per barrel at the beginning of the year 2020, it had come down to the level of $ 20 per barrel by the end of March.

Difference in demand and supply; Due to the epidemic, the oil markets are facing a shortage of demand globally including the US.

Problem starting:

The Organization of the Petroleum Exporting Countries- OPEC, headed by Saudi Arabia and OPEC + which also includes Russia, organized to stabilize oil prices in early March. The ‘OPEC Russia Dialogue’ to be postponed. As a result, OPEC countries continued to produce the same amount of oil.

Impact on Oil Prices:

After the reconciliation between Saudi Arabia and Russia under pressure from the US President, the oil exporting countries decided to cut production by 10 million barrels per day, but even then, there was a sharp decrease in the demand for oil.

The balance between supply and demand deteriorated completely during March and April.

How negative oil price?

Supply Side Problem:

The fact to be noted here is that cutting oil production or shutting down oil wells is a difficult decision, as restarting it is a very costly and cumbersome task.

Also, if a country cuts production, then this country risks losing market share (export).

Many oil producers wanted to sell their oil at low prices instead of ceasing production, as it would be more expensive to resume oil production in May than the slight loss on oil sales.

Leave a Comment