Top Best Current Affairs 30 April 2020 (3)

The Ministry of Finance has established the International Financial Services Centres Authority (IFSCA) through a notification on 27 April. The headquarters of IFSCA will be located in Gandhinagar in Gujarat. IFSCA will regulate all financial services in International Financial Services Centres (IFSCs) in the country.

A multi-disciplinary expert group COVIDActionCollab (CAC) is developing a protocol to test sewage for COVID-19 traces in selected densely populated urban residential areas of Bengaluru and Kolkata. The idea was initiated by the social enterprise platform Catalyst Group.

A report by the Asia-Pacific Economic Cooperation (APEC) Secretariat stated that the APEC region is expected to post a 2.7% economic decline in 2020 due to the impact of COVID-19. It also stated that this decline will be the most significant fall since the near-zero growth rate logged in 2009.

Union Minister of Environment, Forest and Climate Change Prakash Javadekar represented India in the first virtual Petersberg Climate Dialogue on 28 April. The first virtual Climate Dialogue was the eleventh session of Petersberg Climate Dialogue. It has been hosted by Germany since 2010.