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Current affairs of April 16


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

BSNL in partnership with SBI launches Bharat InstaPay a UPI-based payment platform

About BSNL:
Headquarters– New Delhi, India
Chairman & Managing Director– Pravin Kumar Purwar
About SBI:
Headquarters– Mumbai, Maharashtra
Chairman– Rajnish Kumar


IMF cuts India GDP growth to 1.9%, projects while Barclays forecasted it to 0%

Projections by other Organizations:
-Investment bank Barclays Predicted India’s growth to 0% for calendar year 2020 from its earlier projection of 2.5%.
-Rating agency ICRA Ltd projected the Indian economic growth at anywhere between -1% and 1% in FY 20-21.


Telangana CM recommended the implementation of “Helicopter Money”

While formulating strategies to curb the adverse impact of COVID-19, a term “helicopter money” landed on the internet surface. This term has been used by Telangana Chief Minister (CM) Kalvakuntla Chandrashekhar Rao during a video-conference with Prime Minister (PM) Narendra Modi.


AWARDS & RECOGNITIONS       

Algerian Novelist Abdelouahab Aissaoui wins 13th International Arab fiction prize 2020

Algerian Novelist Abdelouahab Aissaoui won the 13th International Prize for Arabic Fiction (IPAF) 2020 for his novel ‘The Spartan Court’ published by Dar Min in 2018 & will receive USD 50,000 and funding will be provided for the English translation. 


Tata Power wins Edison Award 2020 for social innovation

Tata Power company limited’s ‘Club Enerji #Switchoff2SwitchOn’ campaign, which is India’s 1st, energy & resource conservation club has won silver in the Edison Award 2020 under Social innovation’s subcategory, social energy solution. The company’s ‘Club Enerji’ is a 12-year old sustainability initiative which targets school children.


APPOINTMENTS & RESIGNATIONS        

Andhra Bank, Syndicate Bank chiefs appointed as OSDs in Union Bank of India and Canara Bank

Andhra Bank Managing Director (MD) J Packirisamy and Syndicate Bank Chief Executive Officer (CEO) Mrutyunjay Mahapatra were appointed as Officer on Special Duty (OSD) in the Union Bank of India (UBI) and the Canara Bank respectively.

About Union Bank of India:
Headquarters– Mumbai.
MD & CEO– G Rajkiran Rai.
Tagline– Good People to Bank With.
About Canara Bank:
Headquarters– Bengaluru, Karnataka.
MD & CEO– Lingam Venkat Prabhakar.
Tagline– Together We Can.


MS Dhoni appointed as the brand ambassador of PokerStars India

PokerStars India has appointed former Indian captain Mahendra Singh Dhoni as its new brand ambassador. Prior to MS Dhoni’s appointment popular Bollywood actor Nawazuddin Siddiqui was the brand ambassador of the company.


NATIONAL AFFAIRS

Fit India and CBSE organizing first-ever live fitness sessions for school students amid lockdown

Fit India in collaboration with the Central Board of Secondary Education (CBSE) is organizing a first-of-a-kind live fitness session under its Fit India Active Day programme for school children across the country from 15th April 2020 at 9:30 am. The decision has been taken due to the nation-wide lockdown till May 3, 2020 to counter COVID-19 which has restricted the activities of children.


Uttar Pradesh became first state to initiate Pool Testing of Covid-19


Jim Corbett National Park of U’khand becomes India’s 1st quarantine centre for animals

Jim Corbett National Park , the India’s oldest forested wildlife sanctuary located in the Nainital district of Uttarakhand, has become the India’s 1st quarantine centre for animals with symptoms of coronavirus (COVID-19).


ACQUISITIONS & MERGERS        

Novelis Inc. of Hindalco acquired US’s Aleris for $2.8 billion deal

The Aditya Birla group’s Hindalco Industries Ltd. has acquired Aleris Corporation through its wholly owned subsidiary Novelis Inc. for an enterprise value of $2.8 billion (Rs 21,295 crores). Hindalco is now one of the world’s largest aluminium makers.

About Hindalco:
Headquarter– Mumbai, Maharashtra
Managing Director (MD)– Satish Pai
About Novelis Inc.
Headquarters– Atlanta, Georgia, United States
President and Chief Executive Officer (CEO)– Steve Fisher
Parent Company– Hindalco Industries


GP Global acquires lubricants assets of Nigeria’s Grand Petroleum 

Gulf Petrochem (GP) Global, a leading energy-to-agriculture conglomerate, announced the acquisition of the lubricants assets of Grand Petroleum in Nigeria, to expand and strengthen its presence in the African nation and western part of the continent.



SCIENCE & TECHNOLOGY

Webinar series “DekhoApnaDesh” launched: Tourism ministry


DRDO develops COVSACK for COVID-19 sample collection

The Defence Research & Development Laboratory (DRDL), under  Defence Research and Development Organisation (DRDO) in consultation with the doctors of Employees’ State Insurance Corporation (ESIC), Hyderabad, has developed  COVID Sample Collection Kiosk (COVSACK) for healthcare workers to safely collect Covid-19 samples from suspected patients.



Pharma majors Sanofi & GlaxoSmithKline joined hands to prepare vaccine for coronavirus

GlaxoSmithKline plc, a British multinational pharmaceutical company, has tied-up with France’s Pharmaceutical company Sanofi S.A., to develop the novel coronavirus (COVID-19) vaccine to deal with the current epidemic.
About Sanofi S.A:Headquarters– Paris, France
Chief executive– Paul Hudson
About GlaxoSmithKline plc:Headquarters– Brentford, United Kingdom
Chief executive– Emma Walmsley

Researchers at NIT-Karnataka develops cost-effective disinfectant chamber called ‘ZERO-COV’

In view of increasing pandemic coronavirus (Covid-19) cases, a team of researchers from National Institute of Technology-Karnataka (NIT-K) at Surathkal, has designed a disinfection chamber called ‘ZERO-COV’ to disinfect personal protective equipment (PPE) tools, surgical masks, vegetables, packaged food items, currency notes and other day-to-day items within 15 minutes.

About National Institute of Technology-Karnataka:Motto– Work is worship
Chairperson– Dr. K. Balaveera Reddy


Government launches ‘CovidGyan’ a science communication initiative



OBITUARY

Former Pakistani first-class Cricketer Zafar Sarfraz passed away at 50 due to Coronavirus




IMPORTANT DAYS

International Day of Action for Rivers 2020: March 14

Theme for the year 2020: Women, Water and Climate Change.


STATE NEWS

Andhra Pradesh CM Jagan Mohan Reddy launches ‘YSR Nirman’ online platform

About AP:
Governor– Biswa Bhusan Harichandan
State Animal– Blackbuck
State Bird– Rose-ringed Parakeet
State tree– Neem


UP govt launches Annapurna, Supply Mitra portals for citizens’ food needs

Uttar Pradesh (UP) Government has launched two portals namely the Annapurna portal and the Supply Mitra portals for the convenience of the food needs for the people of the state during the COVID-19 crisis. Alok Sinha, Commissioner of Agricultural Production, UP, launched the portal.

About Uttar Pradesh (UP):
Capital– Lucknow.
Chief Minister– Yogi Adityanath.
Governor– Anandiben Patel.