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Current affairs of April 28


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

Global military expenditure sees largest annual increase in 2019 decade, US tops,India in 3rd position: SIPRI

According to a new report by the Stockholm International Peace Research Institute the total global military expenditure rose to USD 1,917 billion in 2019, which represents an annual growth of 3.6% compared to 2018.
ii.For the 1st time two Asian countries,  China(2nd), India(3rd) also listed


UNCTAD predicted $3.4 trillion debt for developing countries in 2020-2021; Global Debt Deal required

For high-income developing countries it will rise between $2 trillion and $2.3 trillion while for middle and low-income countries it will mount between $666 billion and $1.06 trillion.
ii.The report has suggested a “global debt deal”to reduce financial pressure on developing countries amid coronavirus crisis.
About UNCTAD:
Headquarters– Geneva, Switzerland
Secretary-General– MukhisaKituyi

BANKING & FINANCE

RBI opened Rs 50,000 cr Special Liquidity Facility for MFs from Apr 27-May 11,2020

i.Under “Special Liquidity Facility-Mutual Funds (SLF-MF)” RBI will conduct repo operations of 90 days tenor at the fixed repo rate.
ii.The timeline of the scheme is from April 27, 2020 to May 11, 2020 or up to utilization of the allocated amount, whichever is earlier.



COVID-19: Indian Overseas Bank introduces special borrowing programme for self-help groups

Indian Overseas Bank (IOB) has launched a special borrowing programme for Self Help Groups (SHGs) with better records, to help them in difficult situations arising out of Coronavirus (COVID-19).
A member of SHG will be given a maximum loan of Rs 5,000 & the limit for the group has been fixed at Rs 1 lakh.

NATIONAL AFFAIRS

Australia cancels premier multilateral air combat training exercise Pitch Black 2020: COVID-19


About Australia:
Capital– Canberra
Prime Minister (PM)– Scott John Morrison.
Currency– Australian Dollar.

Labour Ministry declared banking industry as public utility service under ID Act 1947 till October 21, 2020

It means the employees and officers of the banking sector are barred to do any strikes from April 21, 2020 to October, 21,2020. This decision has been taken due to the adverse impact of COVID-19 on the economic activities.

Finance Secretary– Debasish Panda
About Ministry of Labour & Employment:
Minister of State (MoS)– Santosh Kumar Gangwar
Secretary– Heeralal Samariya

#MyBookMyFriendcampaign launched by HRD Minister on World Book Day

 on account of the World Book Day the Union Minister of Human Resource and Development, Ramesh Pokhriyal ‘Nishank’ launched #MyBookMyFriendcampaign in his social media along with the video message saying that when you open a book you open a new world and he said that books are the best friends of a person which inspires and provides a way of thinking and guide in difficult times.



ECONOMY & BUSINESS

Ind-Ra slashes India’s GDP growth forecast for FY21 to 1.9% from 3.6%

About India Ratings and Research (Ind-Ra):Headquarters– Mumbai, Maharashtra.
MD & CEO– Rohit karan Sawhney


In a 1st, NTPC to launch 20 hydrogen fuel bus and cars for Leh & New Delhi; seeks global EOI

In a 1st , NTPC Vidyut Vyapar Nigam (NVVN) Limited, a wholly owned subsidiary of NTPC Limited (formerly known as National Thermal Power Corporation Limited), has called for a global expressions of interest (EoI) to buy 10 Hydrogen Fuel Cell (FC) based electric buses & 10 Hydrogen Fuel Cell based electric cars to operate them in Delhi and Leh with the aim to reduce carbon emissions in the transportation sector.



Chemicals, Petrochemicals contributed 14.35% of total exports; becomes top exporting sector for 1st time

In a progressive move, the chemical & petrochemical industry became the Indian top exporting sector for FY 2019-20 as the export of chemicals increased by 7.43% to Rs 2.68 lakh crore during the April-January period of FY 2019-2020 in comparison to the corresponding period of 2018-19. This industry contributed 14.35% of the total exports.

Union Minister of Chemicals and Fertilizers Devaragunda Venkappa Sadananda Gowda


APPOINTMENTS & RESIGNATIONS         

RBI extends Madhavan Menon’s term as part-time Chairman of CSB Bank

About Catholic Syrian Bank (CSB):
Headquarters– Thrissur, Kerala.
Tagline– Support All the Way.
Chief Executive Officer (CEO) & Managing Director (MD)– Rajendran Chinna Veerappan.


ACQUISITIONS & MERGERS         

HDFC acquires 6.43% stake in Reliance Capital through invocation

HDFC (Housing Development Finance Corporation Ltd.)has acquired 6.43% stake in debt-trapped Reliance Capital by invoking pledged shares. In this regard HDFC has acquired 25.27 crore shares of Rs 10 each i.e. the total value of these shares are Rs 252 crore.

About Reliance Capital:
Parent organization– Reliance Group
Headquarters– Santacruz, Mumbai, Maharashtra
Chairman– Anil Dhirubhai Ambani
About HDFC Group:
Headquarters– Mumbai, Maharashtra
Chairman– Deepak Shantilal Parekh
Tagline– With You, Right Through


SCIENCE & TECHNOLOGY

Pak Navy successfully test-fires anti-ship missiles in North Arabian Sea

About Pakistan:Capital– Islamabad
Currency– Pakistani rupee
Prime minister– Imran Khan
President– Arif Alvi


IIT Delhi develops Dashboard PRACRITI to predict Covid-19 spread

Prediction and Assessment of Corona Infections and Transmission in India “PRACRITI” 

ARCI in collaboration with Nanomechanics Inc., has developed NanoBlitz 3D

International Advanced Research Centre for Powder Metallurgy and New Materials (ARCI) under the Department of Science &Technology in collaboration with Nanomechanics Incorporated(Inc.,) have  developed NanoBlitz 3D, ii.An advanced tool to map nano-mechanical properties of constituent phases, features or components of multiphase alloys, composites, multi-layered coatings & others


CSIR-IICT collaborates with LAXAI Life Sciences to reduce dependency for APIs and drug intermediates

Indian Institute of Chemical Technology, under the Council of Scientific and Industrial Research has collaborated with LAXAI Life Sciences Private Limited to develop and manufacture Active pharmaceutical ingredients and drug intermediates.


CeNS develops TriboE masks to protect healthy individuals from COVID-19

A team of researchers at the Centre for Nano and Soft Matter Sciences (CeNS), Bangalore, has come up with face masks, termed as TriboE Mask comprising of polypropylene layers on the outside and nylon layer in between that can hold electric charges to restrict the entry of infections, without any external power.


SPORTS

Middle distance runner Jhuma Khatun handed 4 year ban for failing dope test



OBITUARY

Former Bihar and Tripura Governor Devanand Konwar passed away at 86



IMPORTANT DAYS

World Intellectual Property Day 2020 on April 26

The theme of this year is “Innovate for a Green Future”

International Chernobyl Disaster Remembrance Day 2020: April 26



World Penguin Day 2020 on April 25



STATE NEWS

MP CM Shivraj Singh Chauhan launches Jeevan Shakti Yojana

Madhya Pradesh(MP) Chief Minister(CM) Shivraj Singh Chauhan launched Jeevan Shakti Yojana to enable women in urban areas to earn by making masks at home, where the government will pay them Rs 11 per mask.
About MP:
Capital– Bhopal
Governor– Lalji Tandon