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Important Current Affairs 2nd May 2020

National

Asian Paints to make hand sanitisers

•Asian Paints, India’s largest paint maker, announced on May 1, 2020 that it will start making hand and surface sanitisers under Viroprotek brand. The sanitizers will be made available in the market from next week onwards.

•The sanitisers will be manufactured at Asian Paints’ plant in Ankleshwar, Gujarat. The company stated that it has obtained all necessary permissions from authorities.

Acquisitions and Mergers

Reliance increases its stake to 26.3% in US-based tech company SkyTran

• Reliance Strategic Business Ventures Limited(RSBVL), a wholly-owned subsidiary of Mukesh Ambani-led Reliance Industries Limited(RIL), has increased its stake to 26.3% on a fully diluted basis in US-based SkyTran Incorporated(Inc), a venture-funded technology company which develops modern transport modes including personal rapid transit system.

• RIL has invested in SkyTran to play an active role in advancing solutions, especially in telecom, digital platforms and services, advanced materials, electric batteries and also to develop India’s first pod taxi prototype, a next-generation transportation system

Obituary

Veteran anti-apartheid activist Denis Goldberg passes away

• Veteran South African anti-apartheid activist Denis Goldberg passed away. He was the ally of late South African President Nelson Mandela. He played a key role in South African liberation struggle.

• He was the only white member of the African National Congress’s military wing, Umkhonto we Sizwe (MK).

Sports

FIFA launches #WeWillWin campaign to pay tribute to health workers

• Fédération International de Football Association(FIFA) has launched a campaign called “#WeWillWin”. Through this campaign FIFA tribute a special video to health workers and other professionals who ensure the society continues to function.

• Former India football captain Bhaichung Bhutia who is also featured among 50 past and present football stars.

Appointments and Resignations

Tarun Bajaj appointed as Economic Affairs Secretary

•Tarun Bajaj took charge as the new Economic Affairs Secretary on May 1, 2020. He has assumed charge at a time when the economy is under severe stress due to the ongoing situation.

•Tarun Bajaj is a 1988 batch IAS officer. He was previously serving as the Additional Secretary in Prime Minister's Office. He has succeeded Atanu Chakraborty, who retired on April 30, 2020.

Ajay Tirkey assumes charge as Secretary of WCD Ministry

•Ajay Tirkey has assumed charge as the Secretary in the Ministry of Women and Child Development. He is a 1987 batch IAS officer from Madhya Pradesh cadre.

•He succeeds Rabindra Panwar who retired on April 30, 2020. Ajay Tirkey was earlier serving as the Special Secretary and Additional Secretary in the Ministry.

Ranking

ICC Rankings: India lose top spot to Australia in test rankings

• India has lost its top spot to Australia in ICC test rankings on May 1 and has now dropped to third. The fall in the ranking was because India’s victory in 12 test matches and just one defeat in 2016-2017 was eliminated from the annual update.

• With Australia taking the top spot, India has slipped to the 3rd spot and New Zealand has gained 2nd position in the ICC test rankings.

Days

World Tuna Day

• World Tuna Day is observed globally on 2nd May every year. This day is established by the United Nations (UN) to raise awareness about the importance of tuna fish. It is observed for the first time in 2017.

• According to the UN, an outsized number of nations worldwide depend upon tuna for both food security and nutrition. At the same time, more than 96 countries have tuna fisheries, and their capacity is constantly growing.

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Important Current Affairs 1st May 2020

National

Chhattisgarh top state in providing employment to workers under MGNREGS

• Chhattisgarh has topped the list of states in providing employment to unskilled labourers under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS).

• The data was released by the Union Rural Development Ministry. Chhattisgarh has provided employment to 18.51 lakh workers under MGNREGS.

• Rajasthan is on second while Uttar Pradesh is on the third.

MP govt launches ‘Jeevan Amrit Yojana’ to boost Immune system

• Madhya Pradesh government has launched ‘Jeevan Amrit Yojana’ to boost the immune system of people to fight disease.

• A target has been set to distribute this packet of 50 grams to 1 crore families of the state.

International

US to host world's largest maritime exercises this year

•The US Navy announced recently that it will host the world’s largest maritime exercises in Hawaii again this year. The drills will be held only at sea.

•The US Navy has hosted the Rim of the Pacific exercises in Hawaii every two years since the early 1970s.

•The military exercise is aimed at being a meaningful exercise with maximum training value and minimum risk to the force, allies and partners, and the people of Hawaii.

Banking and Economy

KVG bank launches “Vikas Abhaya” loan scheme

• Karnataka VikasGrameenaBank(KVGB) has launched ‘VikasAbhaya’ a loan scheme to provide some relief to Micro, Small and Medium Enterprise(MSME) borrowers.

• This scheme is for those borrowers whose business activities are disrupted on account of the current situation in Dharwad, Karnataka.

Obituary

Legendary footballer Chuni Goswami passed away at 82

• Former India footballer Chuni Goswami passed away at the age of 82 years. Apart from playing football, he had also played first-class cricket for Bengal.

• He has captained the 1962 Asian Games gold-winning Indian football team. He played 50 matches for India as a footballer from 1956 to 1964.

Appointments and Resignations

Former Axis Bank CEO Shikha Sharma named advisor to Google Pay India

Former Axis Bank CEO, Shikha Sharma named advisor to Google Pay India. Google Pay is one of the leading apps on Unified Payments Payments Interface (UPI), battling with the likes of Amazon Pay, Paytm, etc.

Ranking

India ranks 53rd in budget transparency, accountability: IBP survey

• International Budget Partnership (IBP) has provided a transparency score of 49 out of 100 to India’s Union budget process. The provided score to India is higher than the global average score of 45.

• New Zealand has topped the chart. It has a score of 87 out of 100.

Karnataka tops in total installed renewable capacity:  CRISIL

• According to a CRISIL Research report, Karnataka retained its 1st position in terms of total installed renewable capacity in FY20 followed by Tamil Nadu(2nd) & Gujarat(3rd).

• The top 3 states in overall solar energy capacity addition are Rajasthan, Tamil Nadu and Karnataka & in wind energy- Gujarat, Tamil Nadu and Maharashtra.

• Karnataka’s total renewable energy installed capacity stood at 15,232 MegaWatt(MW) as on March 31, 2020, against 13,845 MW as on March 31, 2019. It has the highest installed capacity for solar at 7,278 MW, up from 6,096 MW a year ago. Its wind energy capacity is at 4,791 MW.

Days

Ayushman Bharat Diwas is celebrated on 30 April.

• The day aims to promote affordable medical facilities in remote areas of the country based on the Socio-Economic Caste Census database.

• It will also promote health and wellness and provide insurance benefits to the poor.

• Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PMJAY), also known as the National Health Protection Mission (AB-NHPM), was launched by PM Narendra Modi on 14 April 2018, at Bijapur, Chhattisgarh.

International Workers’ Day

• The International Workers’ Day is held annually on May 1 worldwide to honour the contributions of the labourers or working class people.

• This day is also known as Workers’ Day, Labour Day as well as May Day in some of the countries.

• India celebrated the first Labour day in the year 1923 and the day is referred nationally as Antarrashtriya Shramik Diwas or Kamgar Din.

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Important Current Affairs 30th April 2020

International

North Pole’s largest-ever ozone hole finally closes

• Scientists who have been observing the ozone hole at Copernicus’ Atmospheric Monitoring Service (CAMS) has announced that the Ozone layer hole is now closed in the North Pole.

• They reported that the largest hole in the Ozone layer spreading over 1 million square kilometres above the Arctic has closed due to unusual atmospheric conditions. The hole in Ozone was first identified by scientists in March 2020.

Banking and Economy

UBS predicts India GDP growth for FY21 at -0.4%

• UBS has predicted India’s GDP growth rate for FY21 (2020-21) at -0.4%. Earlier it had predicted the same at 2.5%.

• For FY22, UBS has predicted India’s GDP to grow at 7.0%.

Moody’s slashes India growth forecast to 0.2 pc for 2020

• Moody’s Investors Service slashed India growth forecast for calendar year 2020 to 0.2 per cent, from 2.5 per cent projected in March.

• For 2021, Moody’s expects India’s growth to rebound to 6.2 per cent.

• In its report titled — Global Macro Outlook 2020-21 (April 2020 update), Moody’s has lowered G-20 advanced economies as a group to contract by 5.8 per cent in 2020.

Science and Technology

JNCASR scientists develops “Berberine” based Alzheimer inhibitor

• Scientists from Jawaharlal Nehru Centre For Advanced Scientific Research (JNCASR) has developed “Berberine” based Alzheimer inhibitor.

• To make a natural product based Alzheimer’s inhibitor, scientists from JNCASR selected isoquinoline natural product Berberine which is found in India and China.

• The research work of scientists from JNCASR has been published in the scientific journal iSceince.

Obituary

Padma Shri award winning Actor Irrfan Khan passes away

• One of the finest actors of Bollywood, Irrfan Khan passed away at the Kokilaben Dhiru bhai Ambani Hospital in Mumbai on 29 April 2020. He was 54.

• The actor was diagnosed with a rare form of cancer in 2018, for which he was undergoing treatment.

• During his over 30 years film career, Irrfan had worked across Indian, Hollywood and British films. He was last seen in comedy drama Angrezi Medium that hit screens before the nationwide lockdown in mid-March.

• In 2011, Khan was awarded the Padma Shri, India’s fourth highest civilian honour for his contribution to the field of arts.

Veteran Bollywood actor Rishi Kapoor passes away

• Veteran Bollywood Actor Rishi Kapoor Passes Away: As per media reports, Veteral Bollywood Actor Rishi Kapoor passed away today morning at the age of 67.

•  Rishi Kapoor was been known in the Indian Cinema for giving blockbuster hits such as Bobby, RafooChakkar , Karz, PremRog, Chandni, Heena and BolRadha Bol.

Sports

India lost hosting rights of Men’s World Boxing Championship 2021

• Following the failure of the Boxing Federation of India (BFI) to pay host fee to the International Boxing Association (AIBA), India lost its rights to host the 2021 Men’s World Boxing Championship.

•  The tournament will now be hosted by Serbia.

Appointments and Resignations

Former finance secretary Rajiv Kumar becomes new chief of PESB

• The former finance secretary Rajiv Kumar was appointed as the Chairperson of the Public Enterprises Selection Board(PESB) for a period of 3 years.

• He is a 1984-batch IAS officer of Jharkhand cadre. He will replace KapilDevTripathi who took over as the Secretary to the President Ram NathKovind.

Eminent Banker Suresh N. Patel Takes Oath as Vigilance Commissioner of India

• Suresh N Patel took oath as the Vigilance Commissioner in the anti-corruption watchdog CVC. He took the oath of office by Central Vigilance Commissioner Sanjay Kothari through video conference.

• He will have a tenure of over two years, till late December 2022, in the CVC. Sharad Kumar is working as the other vigilance commissioner. The tenure of a vigilance commissioner is of four years or till the incumbent attains the age of 65 years.

Days

International Jazz Day

• The International Jazz Day is celebrated on 30 April every year to highlight the importance of jazz and its diplomatic role of uniting people in all corners of the globe.

• This Day was declared by the United Nations Educational, Scientific and Cultural Organisation (UNESCO) in 2011.

• The day was introduced by jazz pianist and UNESCO Goodwill Ambassador Herbie Hancock.

International Dance Day

• The International Dance Day is organised globally on 29 April to celebrate the value and importance of the art form dance.

• The day was created in 1982, by the Dance Committee of the International Theatre Institute (ITI), the main partner for the performing arts of UNESCO.

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Important Current Affairs 29th April 2020

National

SC rules adoption of ‘one nation, one ration card’ scheme

• Supreme Court recently directed the central government to adopt the ‘one nation, one ration card’ scheme. The scheme will benefit the stranded migrant workers who cannot get basic amenities and also help EWS section to get subsidised food.

• The scheme was expected to be launched in June 2020..

UIDAI permits Aadhaar updation facility through CSC

•The Unique Identification Authority of India has decided to make Aadhaarupdation facility available through Common Service Centre (CSCs). The decision has been taken to make the Aadhaar updation process easier for citizens.

•The Common Service Centre are designated banking correspondents of banks. Over 20,000 CSCs will now be able to offer this service to the citizens.

•The CSC Village Level Entrepreneurs have also been urged to start the Aadhaar work with responsibility, as per instructions issued by UIDAI in this regard.

Airtel partners with Nokia to enhance network capacity

• Nokia and BhartiAirtelhas signed a deal of about $1 billion in order to enhance the network capacity of BhartiAirtel.

• A multi-year agreement has been signed by the two companies to deploy Nokia’s SRAN solution across nine circles in India.

• This $1 billion deal aims to improve customer experience of BhartiAirtel’s customers by providing them best-in-class connectivity.

Maruti Suzuki partners with AgVA Healthcare to make 10,000 ventilators per month

Automobile giant Maruti Suzuki has developed low-cost ventilators for helping the government. The production is going on in Gautam Buddha Nagar of Uttar Pradesh, where the company is supporting a start-up Agva Healthcare to scale-up ventilator production.

Banking and Economy

ADB approves USD 1.5 bn loan to India

•The Asian Development Bank (ADB) on April 28, 2020 approved USD 1.5 billion loan to India.

•The loan has been sanctioned to support immediate priorities such as containment, prevention and social protection of the poor and economically vulnerable sections, especially and disadvantaged groups.

•The fund is part of a larger package of support that ADB will provide in close coordination with the government and other development partners.

Axis Bank to pick about 30 per cent stake in Max Life Insurance for Rs 1,600 crore

• Axis Bank would acquire a 29% additional stake in Max Life Insurance for an estimated price of Rs 1,592 crore. The deal will increase the Axis Bank‘s stake in Max Life to 30%. Max Financial Services will hold the remaining 70% in the joint venture.

• The acquisition may be completed in 6-9 months & Post the deal, Max Financial Services and Axis Bank will get to nominate four and three directors respectively on the Max Life board. The total premium generated from both companies exceeded Rs 38,000 crore.

CRISIL cuts India’s GDP growth forecast for FY21 to 1.8%

• Rating agency CRISIL has cut the GDP growth rate forecast for India for 2020-21 (FY21) to 1.8% from the previous prediction of 3.5%.

• CRISIL has projected a total losses of Rs 10 lakh crore or Rs 7,000 per person.

Science and Technology

Everest sized Asteroid 1998 OR2 to fly-by Earth Today

• According to the details shared by NASA's Center for Near-Earth Object Studies, an Everest sized Asteroid 1998 OR2 will fly-by Earth today i.e. on 29th April 2020.

• NASA and other researchers have ruled out any potential threat to the planet due to the asteroid.

Obituary

Former Liverpool player Michael Robinson passes away

• Former Liverpool striker, Michael Robinson passed away. He was born on July 12, 1958, in Leicester, England. He has featured in more than 300 official matches in England for five clubs, including Liverpool.

• Robinson was part of the Liverpool squad that captured the league, League Cup and European Cup treble in 1984.

Appointments and Resignations

Shiv Das Meena becomes new CMD of HUDCO

Ministry of Housing and Urban Affairs, additional secretary, Shiv Das Meena has been appointed as chairman and managing director of Housing and Urban Development Corporation (HUDCO) for a period of six months with immediate effect.

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Important Current Affairs 28th April 2020

National

Madhya Pradesh govt launches Jivan Shakti Yojana for women

• Madhya Pradesh government has launched the “Jivan Shakti Yojana” for women and aims at providing home-based employment for women.

• Under this scheme, women entrepreneurs of urban areas in MP can start the construction of masks by registering themselves on a portal.

JioMart becomes live of WhatsApp

• Following the Facebook-Jio deal, Reliance Industries has now launched its e-commerce platform Jiomart on WhatsApp for retail of grocery items. The JioMart WhatsApp number is 8850008000.

• In order to place order through JioMart, customers need to add this number on their phones. As of now, the JioMart services will be available only in suburban areas of Mumbai

• JioMart, introduced in January 2020, is an Online-to-Offline (O2O) e-Commerce platform of Reliance that deals retail of groceries through local Kirana stores. JioMart is a joint venture between Reliance  Retail and Reliance Jio Platforms.

Banking and Economy

RBI announces Rs 50,000 crore special liquidity support to mutual funds

• The Reserve Bank of India recently allocated Rs 50000 crore funds as a special liquidity facility for mutual funds to ease of the liquidity strains. The closure of some debt Mutual Funds has intensified the liquidity pressure on mutual funds.

• Banks can use the funds available under the SLF-MF for meeting the liquidity requirements of MFs by:

 extending loans, and

 undertaking outright purchase of and/or repos against the collateral of

o investment-grade corporate bonds,

o commercial papers (CPs),

o debentures and

o certificates of Deposit (CDs) held by MFs.

Ind-Ra cuts India's FY21 GDP growth further to 1.9%, lowest in 29 yrs

• India Ratings and Research (Ind-Ra) has predicted India’s GDP growth rate for 2020-21 (FY21) at 1.9%. Earlier this was 3.6%.

• According to Ind-Ra, India’s GDP growth rate has been in contraction (means negative) for 5 times. These 5 years are-> in 1957-58 was negative 0.4%, in 1965-66 it was negative 2.6%, in 1966-67 it was negative 0.1%, in 1972-73 it was negative 0.6%, and in 1979-80 it was negative 5.2%.

Science and Technology

NASA’s Hubble Space Telescope Completes 30 Years in Orbit

• The Hubble Space Telescope, built by the United States space agency NASA with contributions from the European Space Agency (ESA), has completed 30th year in orbit on 25 April 2020.

• The Hubble Space Telescope was deployed on 25 April 1990.

• This space telescope was named after American astronomer Edwin P Hubble, who confirmed that our universe was constantly expanding.

Ranking

India third-largest military spender after US, China in 2019: SIPRI report

•India has become the third-largest military spender in the world after the United States and China, as per Stockholm International Peace Research Institute (SIPRI) report. India and China were for the first time among the top three military spenders.

•India’s military spending grew by 6.8 percent to $71.1 billion in 2019, as per the SIPRO report on “Trends in World Military Expenditure, 2019”. This was the highest expenditure on the military in South Asia.

•The total global military expenditure rose to $1,917 billion in 2019, an increase of 3.6 percent from 2018, the largest annual growth since 2010. The five largest military spenders, including Russia and Saudi Arabia, accounted for 62 percent of the global military expenditure in 2019.

Days

World Day For Safety And Health At Work

• Every year the International Labour Organization (ILO) celebrates the World Day for Safety and Health at Work on 28 April to promote the prevention of occupational accidents and diseases globally, and raise awareness to ensure health and safety at workplace.

Workers’ Memorial Day

• The Workers’ Memorial Day, also known as International Commemoration Day for Dead and Injured Workers occurs every year on 28 April.

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Important Current Affairs 27th April 2020

International

World Bank ties-up with AIMA to organize virtual workshop on “Contract Management during Emergency situations”

World Bank (WB) has joined hands with AIMA (All India Management Association), one of the most renowned business schools in India, to organize a virtual workshop called “The Contract Management during Emergency situations” with the aim to create awareness on the implementation of the bank-funded projects.

Banking and Economy

HDFC acquires 6.43% stake in Reliance Capital

• HDFC has acquired 6.43% stake in debt-trapped Reliance Capital by invoking pledged shares.

• Apart from this, Housing Development Finance Corporation Ltd (HDFC) has acquired 8.21% stake in Reliance Infrastructure Ltd, and 6.97% stake in Reliance Power Ltd.

Transcorp becomes the 1st non-bank company to receive RBI nod to enter into co-branding arrangements

• The Leading forex and payment solutions provider Transcorp International Ltd(TIL) becomes the 1st non-bank company to receive Reserve Bank of India(RBI) nod to enter into co-branding arrangements for prepaid Instruments.

• It has also launched its multi-wallet RuPay-powered prepaid cards which allow corporate houses to pay wages, incentives, reimbursements & recurring payments to their employees or beneficiaries.

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Important Current Affairs 26th April 2020

National

UP becomes 1st state with in-house facility of virtual courts

• Uttar Pradesh has become the 1st state with a software-based in-house facility of virtual courts, where requisite infrastructure in Allahabad High Court and all its courts for hearing cases through video conferencing.

• Based on an Apex Court directive to develop video conferencing system for hearing cases while maintaining the social distance, Allahabad High Court has launched a new software, through which multiple court proceedings at High Court and district courts across the state can be conducted virtually within the court premises without the need of internet service.

International

NASA Develops high-pressure ventilator 

• The National Aeronautics and Space Administration (NASA) has developed an easy-to-build high-pressure ventilator named VITAL.

• VITAL stands for Ventilator Intervention Technology Accessible Locally.

• VITAL will help to treat patients with milder symptoms, so that the limited number of traditional ventilators available in the country can be used for treatment of patients with more severe symptoms.

Banking and Economy

Singapore’s Caladium increases its stake in Bandhan Bank to 4.49%

• Caladium Investment PTE Ltd, an affiliate of GIC, Singapore, has increased its stake in Kolkata-based private sector lender Bandhan Bank by 1.1% to 4.49% as on March 31, 2020.

• Caladium Investments held 7.22 crore shares in Bandhan Bank at the end of the fourth quarter of FY20.

• It had a stake of 3.39 percent in the bank at the end of the third quarter as on December 31, 2019.

Obituary

Former Australian all-rounder Graeme Watson passes away

• Former Australian cricketer Graeme Watson passed away. He was a middle-order batsman and a medium-pace bowler. He featured in five Tests from 1966-67 to 1972 and two ODIs in 1972.

• The all-rounder earned a national call up during the 1966-67 tour of South Africa.

Appointments and Resignations

Sanjay Kothari Sworn in as Central Vigilance Commissioner

• Sanjay Kothari has been appointed as the new Central Vigilance Commissioner (CVC), the anti-corruption watchdog of India, on 25 April 2020.

• Mr Kothari, a 1978 batch (retired) IAS officer of Haryana cadre, was the Secretary to the President of India, before being nominated to the new role.

• The post of the chief of the Central Vigilance Commission (CVC) was lying vacant since June 2019 after completion of K V Chowdary’s tenure.

Days

World Intellectual Property Day

• The World Intellectual Property Day is observed annually on 26 April to raise awareness of how patents, copyright, trademarks and designs impact on daily life and to celebrate creativity, and the contribution made by creators and innovators to the development of societies across the globe

• The event was established by the World Intellectual Property Organization (WIPO) in 2000.

• The World Intellectual Property Day 2020 is ‘Innovate for a Green Future.’

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Important Current Affairs 25th April 2020

National

E-Gram Swaraj Portal/App & Swamitva Scheme Launched

• Prime Minister Narendra Modi on April 24, 2020 to mark the National Panchayati Raj Day 2020 launched the E-Gram Swaraj Portal/App and Swamitva Scheme for the development of rural areas of the country.

• The E-Gram Swaraj Portal will contain the details of all development works carries out in villaged panchayats and the Swamitva Scheme will contain all the land records of villages. It will use drones in surveying and mapping of properties in villages and will help in reducing disputes over property.

CISF launches app ‘e-karyalay’ for movement of files

• Central Industrial Security Force (CISF) has launched an e-office application named ‘e-karyalay’. This application helps to enables the movement of files and documents of CISF without physical touch.

MyBookMyFriend campaign launched on World Book Day

• The Union Minister of Human Resource Development, Ramesh Pokhriyal Nishank has launched a campaign on Twitter called #MyBookMyFriend, on the occasion of the World Book Day on 23 April.

• He has also urged everyone to read at least one book on the World Book Day and share the same on social media using the ‘#MyBookMyFriend’.

International

China donates USD 30 million more for WHO

• China on April 23, 2020 announced to donate USD 30 million more to the global health agency World Health Organization (WHO).

• Earlier, China had donated USD 20 million to the WHO, which seeks funding of over USD 1 billion.

Banking and Economy

RBI permits banks to issue Electronic Cards for Overdraft Accounts

• The Reserve Bank of India has allowed banks to issue electronic cards to natural persons having Overdraft Accounts. Such accounts must be of the nature of personal loan without any specific end-use restrictions.

• Earlier banks were allowed to issue debit cards to customers having Saving Bank/Current Accounts but not to cash credit/loan, account holders.

Sports

Iran’s Alireza Firouzja beats Magnus Carlsen in Banter Blitz Cup final

• 16-year-old Iranian refugee, Alireza Firouzja beats World Chess Champion Magnus Carlsen in the final of the Banter Blitz Cup 2020 and to claim the $14,000 prize.

• Firouzja, an Iranian now living in Paris, is is the second-youngest player to reach a rating of 2700 from Fédération Internationale des Échecs (FIDE), the body that governs international chess competition. He is ranked 21st in the world.

Days

Manipur commemorates “Khongjom Day”

• Manipur commemorated the “Khongjom Day” on April 23, 2020. The day is observed to pay tribute to the state’s warriors who fought in the 1891 Anglo-Manipur war.

• The Anglo-Manipur war was fought between the Kingdom of Manipur and the British Government.

World Malaria Day

• World Malaria Day (WMD) is commemorated every year on 25 April to recognize global efforts to control malaria. It is a grassroots campaign with an objective to keep malaria high on political agenda, mobilize additional resources ane empower communities to take ownership of malaria prevention and care.

• Theme 2020: Zero Malaria Starts with Me.

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Important Current Affairs 24th April 2020

National

Defence Minister launched DRDO mobile testing lab

• Mobile virology research and diagnostics laboratory (MVRDL) can be positioned anywhere in the country and will be able to process over 1000 samples in a day that can speed the diagnosis.

• This mobile lab hae the capability of processing more than 1,000 samples in a day and hence, can enhance India’s capabilities.

National Shipping Board reconstituted by Government

• The National Shipping Board (NSB) has been reconstituted by the Central government and  Malini Shankar has been appointed as the head of the board. Malini is the former Director General of Shipping.

• The National Shipping Board is the premier advisory body for the Indian shipping. The board comprises sixteen members.

Banking and Economy

Remittances to India likely to decline by 23% in 2020: World Bank

• Remittances to India are likely to drop by 23 percent from $83 billion last year to $64 billion this year.

• Similarly, the global remittances are projected to decline sharply by about 20 percent this year, due to the economic crisis.

• Remittances to low and middle-income countries (LMICs) are projected to fall by 19.7 percent to $445 billion, from $554 billion in 2019.

Fitch Ratings sees global economy shrinking by 3.9% in 2020

• The Rating agency Fitch Ratings has slashed the global growth forecast and expects the world GDP to fall by 3.9 percent in 2020.

• The sharp downward revision is driven by a massive decline in Asian economies, led by China and India, both of which are estimated to post growth rate of less than 1 percent this year.

Obituary

Usha Ganguly, veteran theatre actor passes away

• Eminent theatre director, actor and activist, Usha Ganguly passed away. She was awarded the Sangeet Natak Akademi Award for direction in 1998.

• She has also been honoured by the West Bengal Government as the best actress for the play Gudia Ghar.

• She was credited for introducing an alternative Hindi theatre in West Bengal, in the 1970s and 1980s.

Days

National Panchayati Raj Day

• Nation celebrates National Panchayati Raj Day on 24 April every year. The Ministry of Panchayati Raj organizes the National Panchayati Raj day or the National Local Self Government Day.

• The first National Panchayati Raj Day was declared by the then Prime Minister of India Shri Manmohan Singh, on 24 April 2010.

International Day of Multilateralism and Diplomacy for Peace

The International Day of Multilateralism and Diplomacy for Peace observed globally on 24 April. ‘International Day of Multilateralism and Diplomacy for Peace’ was first observed by the United Nations (UN) on April 24, 2019.

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Important Current Affairs 23rd April 2020

National

Violence against healthcare workers will lead to 7 years of jail term

• An ordinance proposing new amendments to the Epidemic Disease Act, 1987 has been approved by the Union Cabinet on April 22, 2020. The amendment ensures the safety of healthcare workers and to end violence against them.

•  It includes the imprisonment of guilty from 6 months to 7 years. The Union Minister Prakash Javadekar shared the news while briefing the media after a cabinet meeting.

International

TCS to power Israel’s first fully digital bank

• Tata Consultancy Services (TCS) will launch Israel’s first fully digital bank. TCS is India’s largest software services firm. The digital bank has not been named yet and will be launched in 2021.

• TCS has been selected by Israel’s Ministry of Finance to transform its banking sector. The digital banking operations platform will be powered by the TCS BaNCS Global Banking Platform.

Banking and Economy

RBI increases deployment time limit under TLTRO 2.0 to 45 days from 30 days

• RBI has extended the time available for banks for deployment of funds under the TLTRO 2.0 scheme from 30 working days to 45 working days from the date of the operation.

• Under TLTRO 2.0 the banks which have borrowed the funds are required to deploy this fund in specific sectors as advised by RBI. The time limit for this deployment of the fund is now 45 days from the date of borrowing.

Appointments and Resignations

Bajaj Auto’s Rakesh Sharma becomes new President of IMMA

• Rakesh Sharma, the Executive Director (ED) at Bajaj Auto, has been appointed as the new President of International Motorcycle Manufacturers Association (IMMA) on 22 April 2020.

• Sharma succeeds Johannes Loman and will hold the office of IMMA President for two years

• He had been holding office as vice-president in IMMA, since May 2019.

Ranking

India ranks 142 in World Press Freedom Index 2020

• World Press Freedom Index has ranked India 142 out of 180. Reporters without borders released the report on April 21. The analysis by the nonprofit organisation acknowledged no reported murders of journalists in India in 2019 which shows the improvement in the security system in India.

•  Reporters without borders is a non-profit organisation that works to promote independent, free, and pluralistic journalism.

Days

World Book and Copyright Day

• World Book and Copyright Day is observed globally on 23 April every year. The purpose of this day to pay tribute to all those writers and authors who have respectable contributed to the social and cultural progress of humanity.

• World Book Capital for 2020: Kuala Lumpur, Malaysia.The slogan for 2020- “KL Baca – caring through reading”.

UN English Language Day

• The UN English Language Day is observed annually on 23 April. It is one of the six official languages used by the United Nations throughout the Organization.

• Each language has been assigned a day of celebration by UN’s Department of Public Information in 2010 to celebrate multilingualism and cultural diversity as well as to promote equal use of all six official languages throughout the Organization.

• For English, 23 April has been chosen to mark both the birthday and date of death of William Shakespeare.

UN Spanish Language Day

UN Spanish Language Day is observed annually on 23 April. For Spanish Language, the Day was chosen because the day is also observed as Hispanic Day in Spain, meaning the Spanish speaking world.

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