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Current affairs of April 9

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Current affairs of April 9 2020


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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INTERNATIONAL AFFAIRS


SAARC Development Fund allocates USD 5 million for COVID-19 projects

The South Asian Association for Regional Cooperation (SAARC) Development Fund (SDF) has allocated USD 5 million (about Rs 38 crore) for COVID-19 projects in 8 member countries, in an effort to mitigate the financial losses and severe socio-economic impact of the pandemic.

About SAARC:
8 members– Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka.
Headquarters– Kathmandu, Nepal
Secretary General– Esala Ruwan Weerakoon



BANKING & FINANCE




Bank of Baroda initiated four schemes for agri sector to tackle COVID-19 impact




Following are the four schemes launched by bank:
  • Additional Assurance to SHGs- COVID19
  • Baroda Emergency Credit Line for Farmer Producer Organization (FPO/FPC)
  • Baroda Special Scheme for existing Agriculture Investment Credit borrowers
  • Baroda Special Scheme for existing BKCC borrowers impacted by COVID-19



SIDBI offers emergency working capital of up to Rs 1 crore to SMEs

The Small Industries Development Bank of India (SIDBI) has announced that it will provide emergency working capital of up to Rs 1 crore to Small and Medium Enterprises (SMEs). The SIDBI Assistance to Facilitate Emergency response against coronavirus (SAFE) loan limit has been increased to 2 crores from Rs 50 lakhs.



APPOINTMENTS & RESIGNATIONS   




Parag Raja appointed as MD & CEO of Bharti AXA Life Insurance

About Bharti AXA Life Insurance:
Headquarters– Mumbai, Maharashtra.


NATIONAL AFFAIRS


HRD Ministry along with AICTE initiated “Samadhan” challenge for students to fight covid-19

In order to empower innovation among students the Innovation Cell of the Ministry of Human Resources Development (HRD) and All India Council for Technical Education (AICTE) in collaboration with Forge and InnovatioCuris launched a mega online challenge – SAMADHAN.



India’s 40.59% environment-related crimes reported in Rajasthan during 2014-16: CAG

In accordance with the report by the Comptroller and Auditor General (CAG) for the year ended March 31, 2018, 40.59% of the crimes related to the environment in the country were committed in Rajasthan (RJ) during 2014-16. The major crimes were violation of Forest (Conservation) Act, 1980 and Wildlife Protect Act, 1972 which resulted in using of forest land for non-forest purposes without approval of government and capturing, poisoning, snaring or trapping of wild animals respectively.

ACQUISITIONS & MERGERS




CCI approves Hitachi’s acquisition of 80.1% stake in ABB’s power grid business

Hitachi
Headquarters– Chiyoda, Tokyo
President & CEO– Toshiaki Higashihara

ABB
Headquarters– Zurich, Switzerland
Chief Executive Officer (CEO)– Björn Rosengren

About CCI:
Headquarters– New Delhi, India
Chairman– Ashok Kumar Gupta




CCI approves 100% acquisition of GMR Kamalanga Energy Limited by JSW Energy Limited

The Competition Commission of India (CCI) has approved 100% acquisition of Grandhi Mallikarjuna Rao (GMR) Kamalanga Energy Limited (Ltd) by Jindal South West (JSW) Energy Ltd under section 31(1) of the Competition Act, 2002.



SCIENCE & TECHNOLOGY




Larsen & Toubro gets big contract from Indian Army to install state-of-the-art IT enabled network

The  Smart World and Communication Business Unit (SW&C BU) of Larsen & Toubro Limited (L&T), an Indian multinational conglomerate company, has received a large order from the Indian Army to install state-of-the-art IT(Information Technology) based state-of-the-art systems, which will be used to operate the armed force network under the ‘Network of Spectrum (NFS)’.

About Larsen & Toubro Limited (L&T):
Headquarters– Mumbai, Maharashtra
CMD– SN Subrahmanyan
About Indian Army:
Headquarters– New Delhi
Chief of the Army Staff (COAS)– General Manoj Mukund Naravane.




DRDO & Wipro 3D team together to create full face shield for healthcare personnel treating coronavirus patients

About Defence Research and Development Organisation (DRDO):Headquarters– New Delhi
Chairman– Dr G. Satheesh Reddy
About Wipro 3D:
Headquarters– Bengaluru, Karnataka


OBITUARY



1960s ‘James Bond’ girl Honor Blackman passed away at 94




Former Real Madrid, Atletico and Barcelona coach Radomir Antic passed away at 71



IMPORTANT DAYS

International Romani Day 2020: April 8

The International Romani Day is observed on April 8 globally to raise awareness of the issues faced by Romani people and to celebrate Romani culture.