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Current affairs of April 20


We bring you the complete and important daily Current Affairs of  April 2020 Quiz to achieve more marks in Banking, Insurance, UPSC, SSC, CLAT, Railways and all other competitive Exams. We prepare it based on our daily current affairs.Hope you like it.Current Affairs of March 2020 with Latest Current affairs March 2020 PDF for preparation of Bank Exam – PO & clerk, SSC, Railways & Insurance. Our Current Affairs of April 2020 PDF covers various sections like National March Current Affairs 2020, business & economy, Indian and International affairs 2020, defense, environment current affairs, persons and many for competitive exams preparing aspirants.



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BANKING & FINANCE

Equitas Small Finance Bank launches Selfe Fixed Deposits and Selfe savings accounts

About ESFB:
Headquarters– Chennai, Tamil Nadu
Managing Director & Chief Executive Officer– Vasudevan Pathangi Narasimhan



RBI’s 1st auction under TLTRO 2.0 for Rs 25,000 cr on Apr 23; final tranche of Rs 1 lakh crore TLTRO concluded

During the Reserve Bank of India (RBI) Governor Shaktikanta Das press conference, a Targeted Long-Term Repo Operations 2.0 (TLTRO) window of Rs 50,000 crore was announced. Now as a part of it, RBI is all set to conduct the first auction under the TLTRO 2.0 for an amount of Rs 25,000 crore




ECONOMY & BUSINESS

NCAER Business confidence index (N-BCI) declined to 77.3 from 111.2 in Q4 FY20

National Council for Applied Economic Research (NCAER)

About NCAER
Establishment– 1956
Headquarter– New Delhi
President– Nandan M. Nilekani



S&P cuts India growth forecast to 1.8% from 3.5% for FY 20-21


Rate Cuts by other agencies for FY 20-21: India
Gross Domestic Product (GDP)
  • Fitch- 2%
  • International Monetary Fund (IMF)- 1.9%
  • Moody’s Investors Service- 2.5%
Economic Growth
  • World Bank- 1.5% to 2.8%
  • Asian Development Bank (ADB)- 4%

NATIONAL AFFAIRS

Government increases loss coverage for micro loan defaults under CGFMU scheme to 75% from 50% earlier

According to the amendment of Credit Guarantee Fund for Micro Units (CGFMU) scheme as notified by the ministry of Finance states that the  coverage of lender’s loss in case of loan default is increased to 75% from earlier 50%.




Union minister Prahlad singh patel launches the National list of intangible cultural heritage of India in New Delhi


 The Ministry of Health and Family Welfare (MoHFW) formulated a new set of guidelines for the nationwide lockdown-2.0 or Smart Lockdown, which started from 20th April 2020 and continues till May 3, 2020. It decided to divide all Indian districts into hotspots (red zones); non-hotspots (orange zones) and green zones on the basis of absolute number of cases and the speed of growth in cases.


Rajasthan: First Indian to carry out Rapid Testing for Covid-19

Rajasthan became the first state in the country to carry out Rapid Testing for Covid 19. State’s urban primary health centre of TopkhanaDesh (also known as Jaju Dispensary) in Jaipur started rapid tests at 5pm where 52 persons were tested and all were found COVID-19 negative.



Central Government releases 7,300 crore rupees to State & UTs under MGNREGS

The Centre Government has released 7,300 crore rupees to the States and Union Territories (UT) under Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) to liquidate pending dues of last financial year but also the wages dues for the first fortnight of 2020-21.


ACQUISITIONS & MERGERS      


Eros International & Hollywood’s STX Entertainment to merge all share- 1st of its kind

On April 18, 2020 1st of its kind deal, where Indian movie producer and distributor Eros International (which is also the holding company of the Lulla’s-promoted Eros Group) a NYSE-listed announced an all-share merger with 6 year old, privately held Hollywood’s STX Entertainment to create an equally-held global entertainment company with a value of USD 1 billion.

About Eros:
Headquarters– Mumbai, Maharashtra
Executive Chairman & Group Chief Executive Officer (CEO)– Kishore Lulla
About STX Entertainment:
Headquarters– Burbank, California
Chairman & CEO– Robert Simonds




SCIENCE & TECHNOLOGY

Automatic Mist Based Sanitisers Dispensing Unit & UV Sanitisation Box and Hand-held UV device introduced: DRDO


Automa
tic Mist Based Sanitiser Dispensing Unit
i.It is developed by The Centre for Fire Explosive & Environment Safety (CFEES), DRDO  laboratories in Delhi with High-Performance Organisation (HPO) 1, by using its expertise in mist technology for fire suppression, the unit is manufactured with the help of Riot Labz Pvt Ltd, Noida.
UV Sanitisation Box and Hand-held UV device
i.It is designed & developed by Defence Institute of Physiology & Allied Sciences (DIPAS) and Institute of Nuclear Medicine & Allied Sciences (INMAS), DRDO laboratories in Delhi.
About DRDO:
It is the Research & Development (R&D) wing of the Ministry of Defence.
Headquarters– New Delhi, India
Union Minister– Rajnath Singh
Directors:
CFEES– Rajiv Narang
DIPAS– Bhuvnesh Kumar
INMAS– Tarun Sekhri

Gujarat’s GBRC: 2nd Indian institute to decode COVID-19 genome sequence; 3 new mutations found

Gujarat’s Gandhinagar-based Gujarat Biotechnology Research Centre (GBRC) has become the second institute in India after the National Institute of Virology (NIV) in Pune, Maharashtra to decode the entire genome sequence of the COVID-19 virus but with three new mutations.

About GBRC
Director– Chaitanya G. Joshi


Indian Navy develops air evacuation pod for COVID-19 patients


About Indian Navy:
Commander-in-Chief– President Ram NathKovind.
Chief of the Naval Staff (CNS)– Admiral Karmabir Singh.


OBITUARY

Chilean author Luis Sepúlveda dies of coronavirus in northern Spain at 70