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Current affairs of April 2 2020

 Current affairs today

Current affairs of April 2 2020


We bring you the complete and important daily Current Affairs of  MARCH 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

World will go into recession except India and China due to COVID-19, USD 2.5 trillion rescue package needed: UNCTAD

United Nations Conference on Trade and Development (UNCTAD) Click here to read more



Poverty to increase by 11 mn in East Asia and Pacific due to COVID-19:World Bank April 2020 Update

World Bank in its April 2020 Economic Update for East Asia and Pacific (EAP) titled “East Asia and Pacific in the Time of COVID-19” has stated that if the economic situation become worsen further due to COVID-19 consequences then the poverty is estimated to increase by about 11 million people in the EAP region. Click here to read more

BANKING & FINANCE


Centre has decreased small savings schemes interest rates for Q1FY20-21; PPF int. rate lowered since 43 years to 7.1%


Public Provident Fund 7.1 from 7.9

KisanVikas Patra 6.9 from 7.6

SukanyaSamriddhiYojana 7.6 from 8.4


RBI increases WMA limit to Rs 1.2 lakh crore for the first half of FY21

Reserve Bank of India (RBI) in consultation with the Government of India (GoI), has hiked the limit of Ways and Means Advances (WMA) for the centre to Rs 1.2 lakh crore for the first half of the financial year 2020-21(FY21), up from Rs 75,000 crore in the first half of FY20 Click here to read more

RBI has revised norms for appointment & reappointment of MD & CEO

Reserve of Bank (RBI) has notified regarding the revision of norms for appointment and reappointment of Managing Director (MD) & Chief Executive Officer (CEO) of private sector & foreign banks.


  • Proposal of re-appointment should be submitted 6 months in advance from 4 months earlier.
  • Proposal for appointment of new MD & CEO or CEO should consist of a panel of at least 2 names in the order of preference(earlier was 3 names) & the proposal have to be submitted at least 4 months before the expiry of the term of present incumbent office. Click here to read more

World Banks offers USD 1 billion for proposed COVID-19 Indian project

The World Bank has offered USD 1 billion to India for the proposed a 4  year COVID-19 emergency response & health systems preparedness project which aims to develop the preparedness of India’s health care systems in the time of the pandemic & also to respond and mitigate the pandemic.


NATIONAL AFFAIRS

Govt extends implementation of uniform stamp duty for capital market instruments to July 1, 2020 from 1 April 2020




ICCR: “United Against Corona- Express through Art”

ICCR (Indian Council for Cultural Relations) launched a competition titled “United Against Corona- Express through Art”, the art in the time of Corona. The aim of the competition is to unite the citizens across the world. The competition was announced by the Ministry of External Affairs (MEA) and this soft-power initiative is being organized by ICCR.

About ICCR (Indian Council for Cultural Relations):
Headquarters– New Delhi.
Founder– Maulana Abul kalam Azad.
President– Dr Vinay Sahasrabuddhe.

Jitendra Singh launched DARPG’s National Monitoring Dashboard for COVID- 19 Grievances

Dr. Jitendra Singh, Union Minister of State for Personnel, Public Grievances and Pensions, launched DARPG’s [ Department of Administrative Reforms and Public Grievances] National Monitoring Dashboard on COVID- 19 grievances.


Government notifies regulation of 24 medical devices 

the government has regulated 24 classes of medical devices notified under Drugs & Cosmetics Act, 1940 and Drugs & Cosmetics Rules, 1945.


ECONOMY & BUSINESS

India’s 8 core industries growth registers 11-month high of 5.5% in February 2020

According to the ‘Index of Eight Core Industries (Base: 2011-12=100) ‘ released by the Ministry of Commerce & Industry, India’s 8 core industries grew 11 months high by 5.5 % to 132.9 in February 2020 as compared to the index of February 2019 with 125.9 due to increased production of coal, refinery products and electricity.

About Ministry of Commerce & Industry:Headquarters– New Delhi
Union Minister– Piyush Goyal



APPOINTMENTS & RESIGNATIONS


Lakshminarayanan appointed as MD of Sundaram Home Finance

About Sundaram Finance Limited:
Chairman– T. T. Srinivasaraghavan.
Headquarters– Chennai,Tamil Nadu (TN).


ACQUISITIONS & MERGERS


Hindustan Unilever completes its merger with GSKCH India

Glaxo SmithKline Consumer Healthcare Limited (GSKCH India) 

About Hindustan Unilever (HUL):Headquarters– Mumbai, Maharashtra
Chairman and Managing Director– Sanjiv Mehta
About GlaxoSmithKline Consumer Healthcare Limited (GSKCH India):Headquarters– Gurgaon, Haryana


SCIENCE & TECHNOLOGY


NASA to launch new mission ‘SunRISE’ to study the Giant Solar Particle Storms

Sun Radio Interferometer Space Experiment (SunRISE)


OBITUARY


Nobel laureate Phillip Anderson passed away at 96

Philip Warren Anderson, a Nobel Prize- winning physicist who expanded the world’s understanding of magnetism, superconductivity and the structure of matter, passed away at the age of 96 in Princeton, New Jersey, US (United States). 


STATE NEWS


COVID 19: Jharkhand Government launched PRAGYAAM app to issue e-passes for essential deliveries

About Jharkhand:
Capital– Ranchi.
Chief Minister– Hemant Soren.
Governor– Draupadi Murmu.