Current Affairs Today 27th and 28th April 2024 Daily GK Update

Daily Current Affairs 27th and 28th April 2024 Daily GK Update

Current Affairs Quiz 2024, Daily gk updates and Current affairs play a major role in any competitive exam. so here we are providing the current affairs quiz on a daily basis for Bank, SSC, Railway and Other Government Competitive Examinations.

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National News

ADIF and IIT Guwahati incubation center sign MoU to boost startup ecosystem

  • The Alliance of Digital India Foundation (ADIF) has signed MoU with IIT Guwahati Technology Incubation Centre (IIT Guwahati TIC) to promote entrepreneurship and provide support to technology startups.
  • Under the agreement, ADIF will provide alliance membership to IITG TIC’s portfolio startup companies, giving them access to ADIF’s startup toolkit of discounted services, resources and mentorship opportunities.
  • On the other hand, IITG TIC will assist ADIF members through mentoring, market linkages, pitching support, networking events and acceleration programs.

IITs in News

  • C-DOT and IIT Jodhpur sign agreement for Automated Service Management in Network of 5G
  • BEL signs MoU with IIT-Mandi for co-operation in research
  • AFMS partnered with IIT Kanpur to Address Healthcare Challenges for Soldiers
  • Lightstorm signed with IIT Madras to launch employment skilling initiative
  • SJVN partners with IIT-Patna to improve tunneling project performance

NTPC inks pact with RINL for supply of limestone

  • A Memorandum of Understanding (MoU) was signed between NTPC Limited and Rashtriya Ispat Nigam Limited (RINL), the corporate entity of Visakhapatnam Steel Plant (VSP), for the supply of 9 lakh metric tonnes of limestone.
  • Limestone is a raw material for the flue-gas desulphurisation system which is being installed at the coal-based thermal plants of the NTPC for reduction of sulphur di oxide emission.
  • This MoU will cater to the needs of various plants of the NTPC.

Recent MoU

  • NGEL and ITL sign MoU for Renewable Energy Ventures
  • CleanMax teams up with Apple to drive renewable energy adoption in India
  • KABIL and CSIR-IMMT sign MoU for Technical and Knowledge cooperation for Critical Minerals
  • The Cochin Shipyard Limited (CSL) signed the Master Shipyard Repair Agreement (MSRA) with the United States Navy.
  • BEML, BEL join hands to develop indigenous train control management system

India’s services exports grow 11.4% in 2023: UNCTAD report

  • India’s services exports jumped 11.4 per cent to USD 345 billion in 2023 despite global economic uncertainties, according to a UNCTAD report.
  • While China’s shipments from the sector contracted by 10.1 per cent to USD 381 billion.
  • Sectors that contribute to India’s services export growth include travel, transport, medical and hospitality.
  • With an 8.9 per cent annual rise in current dollar value terms, the world services exports surpassed USD 7.9 trillion in 2023.
  • The leading exporters among developing economies include India, China, Singapore, Turkiye, Thailand, Mexico, and Saudi Arabia.
  • India’s services imports, however, dipped marginally by 0.4 per cent to USD 248 billion last year.

Banking and Financial

NABARD unveils Climate Strategy 2030

  • National Bank for Agriculture and Rural Development (NABARD) unveiled its Climate Strategy 2030 document on the occasion of Earth Day.
  • The comprehensive strategy aims to address India’s escalating need for green financing.
  • Despite the pressing demand, where India requires approximately $170 billion annually to reach a cumulative total of over $2.5 trillion by 2030, current green finance inflows are critically insufficient.
  • NABARD’s Climate Strategy 2030 is structured around four key pillars to address this demand:

(i) Accelerating Green Lending across sectors

(ii) Playing a broader Market-Making Role

(iii) Internal Green Transformation of NABARD

(iv) Strategic Resource Mobilization.

About National Bank for Agriculture and Rural Development (NABARD)

  • Founded – 12 July 1982
  • Headquarters – Mumbai, Maharashtra
  • Chairman – K V Shaji
  • NABARD established on the recommendations of B. Sivaramman Committee

AU SFB launches multiple products like credit cards with exclusive features

  • AU SFB launches multiple products like credit cards with exclusive features
  • Among the latest offerings are two innovative credit cards: the AU SPONT Rupay Credit Card and Secured Credit Card – NOMO (No Missing Out), developed in collaboration with NPCI and VISA, respectively.
  • The NOMO Credit Card marks AU SFB’s debut into the realm of secured credit cards, backed by a fixed deposit.
  • Additionally, AU SFB has unveiled the AU 0101 Business App, designed to offer customized solutions for proprietorships and MSMEs, alongside AU0101 Version 2.0, engineered to provide customers with an enhanced mobile banking experience, complete with exciting new features.
  • First time in Indian banking industry, AU SFB has also launched ATM Insurance, for the convenience of customers to buy insurance through AU SFB’s ATMs with their debit card.
  • AU SFB have also launched WhatsApp Insurance where customer will get policy instantly using WhatsApp platform.

Recent Facilities Launched in Banking & Insurance Sector

  • SBI Card introduced its inaugural travel-centric core credit card, ‘SBI Card MILES’
  • Razorpay launches UPI Switch with Airtel Payments Bank
  • BharatPe launches all-in-one payment device BharatPe One
  • Airtel Payments Bank launches NCMC-enabled Debit and Prepaid Cards
  • SBI Life Insurance launched the 1st edition of ‘IdeationX’ to revolutionize the future of the insurance industry.
  • BharatPe to launch a new app called ‘ZeroPe’ , an app designed for medical loans.

NIPFP forecasts India’s FY25 GDP growth at 7.1%

  • Economic think-tank National Institute of Public Finance and Policy (NIPFP) has estimated India’s GDP growth at 7.1 per cent for the current fiscal, using high-frequency models.
  • NIPFP, in a series of tweets, said the Centre is on a fiscal consolidation path through buoyancy in taxes and revenue expenditure compression.
  • While NIPFP’s forecast stands at 7.1%, other entities such as the Asian Development Bank (ADB) and Fitch Ratings estimate a growth rate of 7%. In contrast, the International Monetary Fund (IMF), S&P Global Ratings, and Morgan Stanley project a slightly lower growth rate of 6.8% for FY25, indicating varying perspectives on India’s economic trajectory.

Updated GDP List

  • IMF – 6.8% (FY25), 6.5% (FY26)
  • UNTCAD – 6.5% (FY24)
  • Moody’s Analytics – 6.1% (FY24)
  • ADB –7.6% (FY24), 7% (FY25), 7.2%(FY26)
  • World Bank – 7.5% (FY24), 6.4% (FY25), 6.5% (FY26)
  • S&P – 7.6% (FY24), 6.8% (FY25)
  • CRISIL – 6.8% (FY25)
  • Morgan Stanley – 6.8%(FY24), 6.8% (FY25)

Appointment

Sunil Kumar Yadav appointed as Director of MoHUA

  • Sunil Kumar Yadav (IRS) has been appointed as Director of Ministry of Housing & Urban Affairs (MoHUA).
  • Yadav selected for the appointment to the post under the Central Staffing Scheme for a period of five years.
  • Yadav is an Indian Revenue Service (IRS) officer of 2010-batch.

Arun Alagappan appointed as executive chairman of Coromandel International

  • Agricultural solutions major Coromandel International, a part of Chennai-based Murugappa Group, has appointed Arun Alagappan as executive chairman of the company.
  • Alagappan has been the executive vice chairman of the company since February 2021.
  • His appointment comes as A. Vellayan retires from the position of chairman and non-executive director.

Recent Appointment

  • Chairman of Wrestling Federation of India’s Athletes’ Commission – Narsingh Pancham Yadav
  • first women VC of Aligarh Muslim University (AMU) – Prof Naima Khatoon
  • CVO of Cotton Corporation of India – Nidhi Jain
  • CEO of Pine Labs’ Setu – Anand Raisinghani (replace Sahil Kini)
  • MD of Intel for India region – Santosh Viswanathan

Yuvraj Singh named ICC Men’s T20 World Cup 2024 Ambassador

  • The International Cricket Council (ICC) has announced India legend Yuvraj Singh as an ICC Men’s T20 World Cup 2024 Ambassador.
  • Yuvraj, who famously hit 36 runs in an over during the first-ever T20 World Cup in 2007 which he and India ultimately won.
  • He joins Chris Gayle and Usain Bolt as the first ambassadors to be announced, who will each add to the excitement of what will be the biggest T20 World Cup ever.
  • The ICC Men’s T20 World Cup will be played from 1-29 June with co-hosts USA taking on Canada in the opening fixture at Grand Prairie Stadium in Texas.
  • A total of 55 matches will be played by 20 teams across 9 venues, culminating in the final on 29 June in Barbados.
  • The historic first match at the Nassau County International Cricket Stadium will be played on 3 June between 2014 champions Sri Lanka and South Africa with 10 teams to feature across eight matches in New York.

Recent Brand Ambassador

  • MS Dhoni – French carmaker Citroen
  • Sanjana Sanghi – SPACE India
  • Neeraj Chopra – Eveready Batteries
  • Nayanthar – Slice (the popular mango-flavored drink)
  • Neeraj Chopra – BPCL’s Speed Petrol Variant

Sana Mir named Ambassador of ICC Women’s T20 World Cup Qualifier

  • The International Cricket Council (ICC) has announced the appointment of Pakistan cricket legend Sana Mir as the ambassador for the upcoming ICC Women’s T20 World Cup Qualifier.
  • Mir represented Pakistan in 226 international games, with 137 of them as captain, will bring her invaluable experience to the event.
  • The Women’s T20 World Cup Qualifier will witness 10 teams battling it out for two coveted spots at the ICC Women’s T20 World Cup 2024 in Bangladesh.
  • The teams have been divided into two groups of five, with the top two from each group progressing to the semi-finals. The winners of the semi-finals will secure their place in the T20 World Cup later this year.

About International Cricket Council (ICC)

  • The International Cricket Council is the global governing body of cricket.
  • It was founded as the Imperial Cricket Conference in 1909 by representatives from Australia, England and South Africa.
  • It was renamed as the International Cricket Conference in 1965, and took up its current name in 1987.
  • Formation – 15 June 1909
  • Headquarters – Dubai, UAE
  • Chairman – Greg Barclay (New Zealand)
  • Deputy Chairman – Imran Khwaja (Singapore)
  • CEO – Geoff Allardice (Australia)
  • General Manager – Wasim Khan
  • Membership – 108 members

Awards

60-Year-Old Argentinian Wins Miss Universe Buenos Aires Pageant

  • A 60-year-old lawyer Alejandra Rodríguez created history by winning the Miss Universe Buenos Aires title in Argentina.
  • Rodríguez was contesting the pageant with 34 other contestants aged between 18 to 73 years of age.
  • According to a report on Hola, Rodriquez thought she had surpassed the age limit for global beauty pageants, but her perspective shifted with the revised regulations.
  • Initially, Miss Universe contestants had to be unmarried and childless, aged between 18 and 28, since its establishment in 1952. However, the pageant’s recent decision permits women aged 18 to 73 to participate, disregarding previous criteria.

Recent Awards

  • Newsweek’s 2024 list of the ‘World’s Best Hospitals’ – Medanta Gurugram
  • World Press Photo of the Year award 2024 – Mohammed Salem
  • CIDC Vishwakarma Award for Social Development and Impact – Puravankara Limited,
  • International Fellowship by the Engineering Academy of Japan – Kaushik Rajashekara
  • Earns Frost & Sullivan’s 2023 Indian Company of the Year Award – STT GDC India

Books

The Winner’s Mindset authored by Shane Watson

  • Shane Watson witnessed one of cricket’s greatest tragedies unfolding on the field. He was one of the players at the Sydney Cricket Ground when Phillip Hughes was felled by a bouncer during a Sheffield Shield match in late 2014.
  • The talented opener, who played for Australia in 26 Tests and 25 ODIs, died at a hospital two days later.
  • Watson feared it could happen to him, too. All it could take is just one ball. Watson overcame that trauma. He became an even better cricketer than he was before, in fact. In the book, The Winner’s Mindset, he tells us how.
  • This is no autobiography, though. It is, if you want to be precise, a self-help book. But to call it just that would be unfair.

Recent Books

  • Before I forget – M K Raina
  • Heavenly Islands of Goa – P.S. Sreedharan Pillai (Goa Governor)
  • A Game of Fire – Navdeep Suri & Nanak Singh
  • Just a Mercenary?, Notes from My Life and Career – Former RBI head Duvvuri Subbarao
  • Knife – Salman Rushdie
  • The Law and Spirituality: Reconnecting the Bond – Raman Mittal and Dr. Seema Singh

Important day

26 April – International Chernobyl Disaster Remembrance Day

  • International Chernobyl Disaster Remembrance Day is observed every year on 26 April.
  • The day is dedicated to remember the victims of the Chernobyl nuclear disaster.
  • It creates awareness about the catastrophic accident, in which approximately 8.4 million people were exposed to the harmful nuclear radiations.
  • The Chernobyl Nuclear Power Plant exploded on 26 April 1986, spreading a radioactive cloud over the Soviet territory now comprising Belarus, Ukraine, and Russia. The explosion devastated the area, causing extensive damage to crops, plants, and other infrastructure.
  • In 1990, the United Nations General Assembly adopted a resolution calling for international cooperation in addressing and mitigating the consequences of the Chernobyl nuclear power plant accident. This marked the beginning of the United Nations’ involvement in the Chernobyl recovery.

27 April – World Veterinary Day

  • World Veterinary Day is celebrated every year on the last Saturday of April. This year it will fall on April 27, 2024.
  • The day aims to mark the importance of veterinary doctors who work on improving animal lives.
  • It is observed globally through various activities such as seminars, workshops, educational sessions, and campaigns.
  • It provides an opportunity to recognise and appreciate the veterinarians towards animal health, welfare, and the general well-being of society.
  • Theme 2024 – Veterinarians are essential health workers
  • World Veterinary Day was first celebrated on April 29, 2000 by the World Veterinary Association (WVA) to recognise and promote the role of veterinarians.
  • On this day, veterinary organisations globally organise events and activities to honour the individuals involved in animal welfare.

27 April – World Healing Day

  • World Healing Day (WHD) is celebrated every year on the last Saturday of April. This year, it celebrated on 27 April.
  • World Healing Day is dedicated to promoting the benefits of mind-body practices and the emerging medical research on the subject.
  • The day grew out of the founding event of World Tai Chi & Qigong Day.
  • World Healing Day was initially started by World Tai Chi & Qigong Day organizers in many countries, and it soon became a platform for teachers, groups, and organizations of various mind-body arts to showcase their work.

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