Current Affairs Today 5th April 2024 Daily GK Update

Daily Current Affairs 5th 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.

Here you can find Current Affairs Quiz for IBPS PO Mains, Current Affairs Quiz for IBPS RRB PO Mains, Current Affairs Quiz for IBPS RRB Clerk Mains, Current Affairs Quiz for RBI Assistant Mains, Current Affairs Quiz for RBI Grade B, Current Affairs Quiz for SSC.

 

National News

 Britannia NutriChoice launches health monitoring app NutriPlus in India

  • In a bid to deepen engagement with consumers, biscuit brand Britannia NutriChoice has launched the health-tech app ‘NutriPlus’.
  • The app has been designed in partnership with Aktivo Labs, and enables monitoring of health and wellness metrics.
  • The NutriPlus app harnesses evidence-based technology and has been built with an aim to democratise health monitoring in the country.
  • Quantified health empowers people across cultures, languages, and geographies to live long and healthy lives.

Power Finance pays Rs 2,033 crore interim dividend to Govt for FY24

  • State-owned Power Finance Corporation (PFC) has paid a total dividend of ₹2,033 crore to the government for the financial year 2023-24.
  • The company has paid the dividend in three instalments of Rs 554 crore, Rs 832 crore and Rs 647 crore.
  • PFC pays the highest-ever interim dividend of ₹2,033 crore to the Government of India for the FY24.
  • PFC has so far paid interim dividend amounting to ₹3,630 crore to its shareholders for the financial year 2023-24, the highest-ever interim dividend paid by the company.

International News

Japan launches e-Visa for Indian Tourists

  • Japan has officially launched its e-Visa program for several countries, including India.
  • This single-entry visa grants a validity of up to 90 days and is specifically designed for travellers planning to enter Japan by air and holding an ordinary passport.
  • For individuals seeking short-term tourism in Japan, the process of obtaining a visa has been streamlined through the introduction of electronic visas (e-Visas) via the Japan e-Visa system.

Who is Eligible

  • The following countries and regions are eligible: Australia, Brazil, Cambodia, Canada, Saudi Arabia, Singapore, South Africa, Taiwan, United Arab Emirates, United Kingdom, USA.
  • The eligibility also extends to Indian citizens and foreign nationals residing in India.
  • Residents of these countries or regions, excluding those exempt from short-term visas, can apply for an e-Visa via the Japan e-Visa website.

Ajit Doval leads the Indian delegation at SCO Meeting

  • The Indian National Security Advisor (NSA) Ajit Doval led the Indian delegation at the meeting of the Secretaries of the Security Councils of the Shanghai Cooperation Organization (SCO).
  • The 19th annual meeting of the secretaries of the security councils of the SCO member states was held in Astana, Kazakhstan.
  • He also met Kazakhstan President Kassym-Jomart Tokayev, the current Chairman of SCO.
  • President Tokayev advocated adopting a Cooperation Programme to counter terrorism, separatism, and extremism for 2025-2027 and the SCO Anti-Drug Strategy for 2024-2029.

About Shanghai Cooperation Organization (SCO) 

  • Founded – 15 June 2001
  • Headquarters – Beijing, China
  • Secretary General – Zhang Ming (China)
  • Member Countries – 9 (Iran, China, India, Kazakhstan, Kyrgyzstan, Pakistan, Russia, Tajikistan & Uzbekistan)
  • Observer members – 3 (Afghanistan, Belarus, and Mongolia).
  • The founding members (5) of Shanghai Cooperation Organization (SCO) were China, Russia, Kazakhstan, Kyrgyzstan, Tajikistan. India and Pakistan officially joined this organization in 2017. Iran joined in 2023.

Previous SCO Summit Venue 

  • SCO Summit 2022 – Samarkand, Uzbekistan.
  • SCO Summit 2023 – India
  • SCO Summit 2024 – Astana, Kazakhstan

Romania unveils World’s most Powerful Laser

  • A research centre in Romania has recently unveiled “the world’s most powerful laser”, which is based on the inventions of 2018 Nobel Physics Prize winners Gerard Mourou and Donna Strickland.
  • The laser, as per the Romanian research centre, is expected to revolutionize everything from the health sector to space exploration.
  • The laser at the research centre, situated near the Romanian capital Bucharest, is operated by the French company Thales, using Nobel prize-winning inventions.
  • France’s Gerard Mourou and Donna Strickland of Canada won the 2018 Nobel Physics Prize for harnessing the power of lasers for advanced precision instruments in corrective eye surgery and industry.

About Romania

  • Capital- Bucharest
  • Currency – Romanian Leu
  • Official language- Romanian
  • Continent- Europe

Banking and Financial

Canara Bank launches loans for healthcare, savings accounts for women

  • Canara Bank has unveiled a series of new products and services aimed at enhancing customer experience and streamlining banking operations.
  • The bank launched a healthcare focused loan product ‘Canara Heal’, to meet the shortfall of hospitalization expenditure while settling through Third Party Administrator (TPA) healthcare insurance claims of self and/or dependents.
  • A customized savings account for women — ‘Canara Angel’ –– with features like Cancer Care policy, pre-approved personal loan Canara ReadyCash and online loan against term deposit product Canara MyMoney.
  • The bank has also unveiled ‘Canara UPI 123PAY ASI’, a user-friendly payment interface, and ‘Canara HRMS Mobile App for Staff’, an HR management solution for the bank’s employees.

Recent Facilities Launched in Banking & Insurance Sector

  • Tata AIA unveils payment solution system on WhatsApp
  • Axis Bank launches Digital US Dollar Fixed Deposits for NRIs at GIFT City
  • Federal Bank launched a RuPay smart key chain called ‘Flash Pay’ for contactless NCMC payments
  • Airtel Payments Bank partners with Noise and Mastercard to unveil ‘A New Way To Pay’
  • IndusInd Bank introduced Indus PayWear, a new wearable payment solution, available on Mastercard.

Star Health Insurance collaborates with PhonePe to provide ‘Star Comprehensive Insurance Policy’

  • Star Health and Allied Insurance Company Ltd. (Star Health Insurance), India’s leading retail health insurance provider, joins hand with PhonePe.
  • Under the agreement, Star Health’s Comprehensive Health Insurance Policy will be available on the PhonePe app with a monthly and annual payment option, with coverage up to Rs.1 crore. This is an industry-first initiative.
  • The move allows customers to choose quality health insurance coverage with flexible payment choices, providing access to quality healthcare throughout the country.
  • Users can also pay their premiums using the UPI AutoPay mandate with a monthly EMI option for increased convenience.

Recent MoU

  • Mahindra Aerostructures inks $100-million supply contract with Airbus group
  • IOCL, Panasonic Energy ink pact for lithium-ion cell JV
  • HPCL and Tata Join Forces to Build Nationwide EV Charging Network
  • NHPC inks pct with JBIC for 20 billion for developing a 300 MW solar project in Bikaner, Rajasthan.
  • Tech Mahindra collaborates with IBM to drive digital adoption

Appointment

Future Generali India Insurance appoints Ramit Goyal as CDO

  • Future Generali India Insurance Company (FGII) named Ramit Goyal as Chief Distribution Officer (CDO).
  • Ramit succeeds Raghavendra Rao, who retired on March 31st, after 14 years of service.
  • Ramit has an incredible 25 years of sales expertise, including over a decade with Future Generali. Within the insurance industry, he has a genuine enthusiasm for customer satisfaction and delight, as well as strong partnerships with distributors and channels.
  • Notably, Ramit has a track record of performing in quickly changing situations, successfully meeting organisational objectives across several countries, verticals, and connections.

Recent Appointment in Banking & Insurance Sector

  • CFO of Punjab & Sind Bank – Arnab Goswamy (replace Mahima Agarwal)
  • Chief Risk Officer of Bank of Maharashtra – Subhasish Roy
  • MD & CEO of Axis Capital – Atul Mehra
  • CEO of Union Asset Management Company – Madhu Nair (replace G Pradeepkumar)
  • Mortgage Business Head in HDFC Bank – Sumant Rampal

Punjab & Sind Bank names Arnab Goswamy as CFO

  • Punjab & Sind Bank has appointed Arnab Goswamy as its Chief Financial Officer, replacing Mahima Agarwal for a three-year term.
  • Arnab Goswamy is a seasoned finance professional with esteemed credentials as a Chartered accountant.
  • Arnab Goswamy is a qualified Chartered Accountant and Cost Accountant. He has worked at IndusInd Bank, and ICICI Bank.
  • Prior to joining Punjab & Sind Bank, he was associated with Bandhan Bank as vice president.
  • In a career spanning over two decades, he has vast experience in the banking sector across finance and accounting, banking operations, MIS and financial analysis, reconciliation, system and process management, regulatory reporting, treasury operations, credit underwriting, stress asset management, it transformation, corporate and retail banking, business planning and budgeting, internal audit, compliance key accounts management and team management.

Recent Appointment in Banking & Insurance Sector

  • Chief Risk Officer of Bank of Maharashtra – Subhasish Roy
  • MD & CEO of Axis Capital – Atul Mehra
  • CEO of Union Asset Management Company – Madhu Nair (replace G Pradeepkumar)
  • Mortgage Business Head in HDFC Bank – Sumant Rampal
  • ED at Union Bank of India – Pankaj Dwivedi

Rakesh Mohan appointed a member of World Bank economic advisory panel

  • The World Bank Group has appointed former RBI deputy governor Rakesh Mohan member of the Economic Advisory Panel, according to a statement released by New Delhi-based think tank Centre for Social and Economic Progress.
  • Currently, Mohan is serving as president emeritus and distinguished fellow at CSEP and is also part-time member of the PM economic Advisory Council.
  • The World Bank panel will be chaired by Lord Nicholas Stern, the IG Patel Professor of Economics and Government at the London School of Economics, while World Bank Group Chief Economist Indermit Gill will co-chair the panel.

About World Bank

  • Founded – 1944
  • Headquarters – Washington Dc
  • President – Ajay Banga
  • MD & CFO – Anshula Kant
  • Chief Economist – Indermit Gill
  • Executive Director – Rajesh Khullar
  • Member Countries -189
  • World Bank Group – 5 (IBRD, IDA, IFC, MIGA and ICSID)

Sports

Bindyarani Devi bags bronze in Weightlifting World Cup

  • Commonwealth Games medallist weightlifter Bindyarani Devi won a bronze medal at the IWF World Cup 2024 in Phuket, Thailand.
  • Devi is a first Indian to win Bronze Medal in Weightlifting World Cup 55kg event.
  • Competing in the non-Olympic women’s 55kg category, Bindyarani Devi recorded a total lift of 196kg (83kg snatch + 113kg clean and jerk) to finish third in the standings.
  • The Democratic People’s Republic of Korea’s Kang Hyon Gyong won the gold medal in Phuket with a lift of 234kg (103kg snatch + 131kg clean and jerk).
  • Romania’s Mihaela Cambei won the silver with a personal best of 201kg (91kg + 110kg).
  • Bindyarani Devi and Mirabai Chanu were the only two Indians competing at the IWF World Cup 2024, which concludes on April 11.

Important day

5 April – National Maritime Day

  • National Maritime Day is celebrated every year on 5 April.
  • The day is celebrated with the intention of spreading awareness and recognising the efforts and contributions of India’s maritime sector in improving the country’s economic growth and development.
  • Theme 2024 – Navigating the future: safety first
  • On April 5, 1919, the first Indian commercial ship, SS Loyalty, embarked on a journey to the United Kingdom, breaking the British monopoly on sea routes. This event was a crucial step in the development of India’s shipping industry.

5 April – International Day of Conscience

  • International Day of Conscience is celebrated every year on 5 April.
  • The United Nations established this day to draw attention to the importance of self-examination and acting morally.
  • The day also offers an opportunity to reflect on the progress made in promoting peace and social justice and to identify areas where more work needs to be done.
  • Theme 2024 – Promoting a Culture of Peace with Love and Conscience
  • The inaugural International Day of Conscience was first commemorated in 2020 by the United Nations General Assembly. This annual observance was established to encourage people around the world to introspect, follow their conscience, and do what is right.

NATO celebrates 75 Years of collective defense

  • The North Atlantic Treaty Organization (NATO) has celebrated the anniversary of its establishment on April 4.
  • On this day in 1949, western nations gathered in Washington, DC, to commit their nations to one another’s defence.
  • Key areas of focus for NATO’s 75th anniversary are recommitting to the alliance’s core values of democracy, freedom and rule of law, addressing evolving security challenges like Russia’s invasion of Ukraine, and charting the course for NATO’s future adaptation.

About North Atlantic Treaty Organization (NATO)

  • Founded – 1949
  • Headquarters – Brussels, Belgium
  • Secretary General- Jens Stoltenberg
  • Member countries -32 (Last Sweden)
  • Founding Members – United States, Canada, and ten European countries, including Belgium, Denmark, France, Iceland, Italy, Luxembourg, the Netherlands, Norway, Portugal, and the United Kingdom.
  • NATO is a military alliance between North American and European countries.

Army Medical Corps celebrates 260th Raising Day

  • The Army Medical Corps (AMC) marked its 260th Raising Day on April 3, 2024, commemorating a significant milestone in its history.
  • The Army Medical Corps was established in the year 1764. The Army Medical Corps has rendered selfless service to the nation through progress, development, dedication and sacrifice over the centuries, both in times of war and peace.
  • The Corps’ motto is ‘Sarve Santu Niramaya’ meaning ‘let all be free from disease’.

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