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April 30, 2020

30th April 2020 Daily Current Affairs

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Dear Great Ambitionists, here are today's (30th April 2020) Important Current Affairs updates. Check complete Daily Current Affairs of the year 2020 from HERE. Happy Reading :)

Daily Current Affairs of 30th April 2020

International Current Affairs
  • Today (30th April) is International Jazz Day‬.
    • This day is being observed to break down barriers and create opportunities for mutual understanding and tolerance.
    • The Day is intended to raise awareness in the international community of the virtues of jazz as an educational tool, and a force for peace, unity, dialogue and enhanced cooperation among people.
  • The United States Navy has announced that it will host RIMPAC- 2020  the world's largest maritime exercises in Hawaii again this year, but the drills will only be held at sea because of the Corona virus.
    • The Navy has held the Rim of the Pacific exercises in Hawaii every two years since the early 1970s.
    • Hawaii Governor David Ige earlier this month asked the military to postpone the drills until the COVID-19 situation in the islands subsides.
National Current Affairs
  • Home Ministry has said that New guidelines to fight COVID-19 will come into effect from 4th of May, which shall give considerable relaxations to many districts.
  • The University Grants Commission (UGC) has released guidelines on Examinations and Academic Calendar for the Universities in view of COVID-19 pandemic and lockdown.
    • The academic session 2020-21 may commence from the 1st of August for old students and from the 1st of September for fresh students.
    • Intermediate semester students will be graded based on internal assessment of the present and previous semester.
    • In states where COVID-19 situation has normalised, there will be exams in  July. 
    • For Terminal Semester Students, exams will be held in July.
    • A COVID-19 cell will be constituted in every university which will be empowered to solve the issues of students related to academic calendar and examinations.
  • Tripura Chif Minister Biplab Kumar Deb has stated that the lockdown will continue in some form or the other in the state until a vaccine against Covid-19 is invented. 
  • Madhya Pradesh Chief Minister Shivraj Singh Chouhan has announced that state government offices, including the secretariat, will resume work with 30% staff from today.
Banking, Business & Economic Affairs
  • The Task Force headed by the Economic Affairs Secretary has submitted  it's Final Report on the National Infrastructure Pipeline (NIP) for 2019-25 to Finance Minister Nirmala Sitharaman today.
    • This report contains recommendations on general and sectoral reforms relating to Infrastructure for implementation by Centre and States.
    • The projected total infrastructure investment stands above one hundred and 11 lakh crore rupees during the period the period  2019-25.
  • US Secretary of State Mike Pompeo today praised India for lifting export bans on critical medical supplies including pharmaceuticals used to treat COVID-19 patients. 
    • He said it was an example of working together with partner countries to tackle the challenges posed by the coronavirus pandemic. 
Awards & Honors
  • Indian doctor Thangjam Dhabali Singh has been conferred the 'Order of the Rising Sun, Gold and Silver Rays' by Japan for promoting friendship between Japan and India.
    • Dr Singh recognizes the importance of preserving the memories of the Battle of Imphal that took place between Japan and the British forces during World War II, the Japanese Embassy in India said.
  • Chennai's famous Kovilpatti kadalai mittai has been granted the Geographical Indication (GI) tag
    • Kovilpatti kadalai mittai is manufactured in Kovilpatti and adjacent towns and villages in Thoothukudi district.
    • Kovilpatti kadalai mittai is a candy made of peanuts held together with glistening syrup, and topped with wisps of grated coconut dyed pink, green and yellow. 
    • It is made using all natural ingredients such as the traditional and special ‘vellam’ (jaggery) and groundnuts and water from the river Thamirabarani is used in the production, which enhances the taste naturally.
  • The Academy of Motion Picture Arts and Sciences (AMPAS) has announced that for the 93rd Oscar Awards to be held in 2021, films streamed online will be eligible for entry.
    • The current rules state that films are eligible if they have at least a one-week run in a Los Angeles commercial theatre.
Deaths
  • Actor Rishi Kapoor (67) passed away today after a two-year battle with leukaemia.
    • Born in the first family of Hindi cinema, Rishi Kapoor was the son of Raj Kapoor, and grandson of Prithviraj Kapoor. 
    • He started his career early, as a child actor in his father’s film Mera Naam Joker (1970), for which he also won a Filmfare Award
    • His first role as an adult came in the iconic Bobby (1973) opposite Dimple Kapadia. 
    • He also received the Filmfare Best Actor Award in 1974 for the film.
    • He was part of hit films such as Amar Akbar Anthony, Laila Majnu, Rafoo Chakkar , Sargam, Karz, Bol Radha Bol and others. 
    • In the later stage of his career, he was seen in films such as Kapoor and Sons, D-Day, Mulk and 102 Not Out. 
New Appointments
  • T S Tirumurti, who is currently serving as Secretary, Economic Relations in the Ministry of External Affairs, has been appointed as India's Permanent Representative to the UN
    • He is going to replace Syed Akbaruddin who is set to retire this month. 
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      Motivational Story for 2020 Competitive Exam Aspirants : Must Read

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      The impact of COVID-19 has hit our country in multiple ways, and recruitment is no exception. Your plans to get into Govt job in coming 4-6 months may have gone out the window. I know a number of people, who are totally depressed and completely left their preparation. But guys, whatever situation you find yourself in, one thing’s for sure. How you respond to this unprecedented pandemic will define your future. The present situation may lead to delay in new recruitment notifications, but doesn't mean there will be NO notification in 2020. To keep you motivated, I would like to share a small motivational story which was shared by BJP leader and Rajya Sabha MP Subramanian Swamy.

      Once, Lord Indra got upset with Farmers, he announced there will be no rain for 12 years & you won’t be able to produce crops.

      Farmers begged for clemency from Lord Indra , who then said , Rain will be possible only if Lord Shiva plays his Damru. But he secretly requested Lord Shiva not to agree to these Farmers & when Farmers reached Lord Shiva he repeated the same thing that he will play Damru after 12 years.

      Disappointed Farmers decided to wait till 12 years.

      But one Farmer regularly was digging, treating & putting manure in the soil & sowing the seeds even with no crop emerging.

      Other Farmers were making fun of that Farmer . After 3 years all Farmers asked that Farmer why are you wasting your time n energy when you know that rains will not come before 12 years.

      He replied “I know that crop won’t come out but I’m doing it as a matter of “practice”. After 12 years I will forget the process of growing crops and working in the field so I must keep it doing so that I’m fit to produce the crop the moment there is rain after 12 years.”

      Impressed by his argument Goddess Parvati praised his version before Lord Shiva & said “You may also forget playing the Damru after 12 years !”

      The innocent Lord Shiva in his anxiety just tried to play the Damru, to check if he could….and hearing the sound of Damru immediately there was rain and the farmer who was regularly working in the field got his crop emerged immediately while others were disappointed.

      It is the practice which keeps on making you perfect. Practice is the beautiful way to reach success despite of consequent failures.. Because you never know how close to success u are.

      We become even diseased or old just because we don’t practice. Practice is the essence of quality survival.

      So, let lockdown lift after 2 weeks, 2 months or 2 years. Whatever trade or profession we are in, keep sharpening our skills, practice with what we have, upgrade our knowledge.Don’t wait for rain , that is the lock down to be lifted and then start something… focus on our skills today, upskill your self so that you are ready to meet the challanges.

      Good luck guys. Wish to see you all in your dream jobs soon. Stay Home Stay Safe :)


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      April 29, 2020

      29th April 2020 Daily Current Affairs

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      Dear Great Ambitionists, here are today's (29th April 2020) Important Current Affairs updates. Check complete Daily Current Affairs of the year 2020 from HERE. Happy Reading :)

      Daily Current Affairs of 29th April 2020

      International Current Affairs
      • Today (29th April) is International Dance Day / World Dance Day.
        • The day was introduced in 1982 by the International Dance Committee of the UNESCO International Theatre Institute.
        • The date was chosen to commemorate the birthday of Jean-Georges Noverre, who was born in 1727, a French dancer and ballet master and a great reformer of dance. 
      • Today is the "Day of Remembrance for all Victims of Chemical Warfare".
        • This day is officially recognised by the United Nations (UN) and has been celebrated since 2005.
      • The Ministry of External Affairs (MEA) today announced that India is providing pharma assistance to nearly 85 nations on a grant basis to support their response to coronavirus pandemic
        • These nations include many countries in Africa, it said. 
      National Current Affairs
      • The Ministry of Health and Family Welfare announced that the death toll due to coronavirus in India has surged to 1,007
        • Meanwhile, the total number of coronavirus cases in the country has crossed 31,000. Out of the total 31,332 cases, 22,629 cases are active while 7,696 cases have been cured, discharged or migrated.
      • The Ministry of Personnel, Public Grievances and Pensions today made it compulsory for all central government employees to download the government's COVID-19 app 'Aarogya Setu'. 
        • All employees have been told to check their status on the app before leaving for work. 
      • Jawaharlal Nehru University will hold online classes on 'Leadership Lessons from Ramayana' on May 2 and 3 from 4 pm to 6 pm.
        • These sessions will be conducted through a webinar by the varsity's School of Sanskrit and Indic Studies and School of Language, Literature and Culture Studies faculty members. 
        • The webinar will be available for JNU's students and faculty.
      • The government today allowed inter-state movement of migrant workers, pilgrims, tourists, students and other persons stranded at different places amid the lockdown. 
        • The sending and receiving states must mutually agree to the movement of group of stranded persons by road, the order stated. 
      • Punjab CM Captain Amarinder Singh today announced that the lockdown and curfew will continue in the state for 2 weeks.
      Science & Technology
      • The India Meteorological Department today issued a new list of names of tropical cyclones over north Indian Ocean. 
        • The list has a total of 169 names including 13 names each from 13 WMO/ESCAP member countries. 
        • Some of the names for Bangladesh include Arnab, Nisarga and Upakul among others, while names like Aag, Vyom and Gati have been chosen for India.
      • Google has announced that it will be shutting down its hyperlocal social media platform called 'Shoelace' on May 12.
      Deaths
      • Versatile Bollywood Actor Irrfan Khan (53), who was diagnosed with neuroendocrine tumour in 2018, has died today.
      • Grammy-nominated gospel singer Troy Sneed (52) died of complications from COVID-19 aged today. 
        • He was known for gospel radio hits like 'My Heart Says Yes' and 'Work It Out'. 
        • Sneed had earned a Grammy nomination for his work on the Youth For Christ's 1999 album 'Higher'.
      People in News
      • Former US Secretary of State Hillary Clinton has endorsed Democratic Party's candidate Joe Biden for the 2020 presidential race. 
        • She had lost the 2016 presidential race to Donald Trump.
      Banking, Business & Economic Affairs
      • The foreign ministers of BRICS nations have decided to create a "special loan instrument" of $15 billion to rebuild their economies and to overcome the impact of the COVID-19 pandemic
        • The New Development Bank (NDB), established by BRICS, will provide the loans to help the member states, Russian Foreign Minister Sergey Lavrov said after a video conference of the ministers.
      New Appointments
      • Eminent banker Suresh N Patel today took oath as the Vigilance Commissioner in the anti-corruption watchdog CVC. 
        • He has over three decades of banking experience, and has also worked as the executive director in Oriental Bank of Commerce before taking over as the Managing Director and CEO of Andhra Bank in 2015.
        • The oath was administered by Central Vigilance Commissioner Sanjay Kothari by video conferencing in New Delhi.
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          Versatile Bollywood Actor Irrfan Khan passed away

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          Versatile Bollywood Actor Irrfan Khan passed away today. The actor was 53 years old, and was admitted to the Kokilaben Dhirubhai Ambani hospital in Mumbai yesterday due to health complications.

          Irrfan was diagnosed with neuroendocrine tumour in 2018 and sought treatment in the UK for a year. The actor returned to India in February 2019 and shortly resumed shooting for his film, Angrezi Medium. Khan’s mother, Saeeda Begum, died on Saturday (25 April) at the age of 95, with Khan attending her funeral via video chat.

          The Padma Shri (2011) Awardee made his Bollywood debut with Mira Nair's Salaam Bombay in 1988, and has worked in numerous films since then. In his illustrious career spanning for over two decades, Irrfan Khan portrayed a wide range of leading and supporting roles in films of all genres.

          In Hindi, his most famous films include his debut, the Academy Award nominated Salaam Bombay!, Maqbool (2004), Paan Singh Tomar (2011), The Lunchbox (2013), Haider (2014), Gunday (2014), Piku (2015) and Talvar (2015) and Hindi Medium (2017). 

          He has made his presence in only one South Indian film, titled 'Sainikudu' (2006) directed by Gunasekhar.

          He earned significant international acclaim after crossing over into Western projects, including Slumdog Millionaire (2008), The Darjeeling Limited (2007), Life of Pi (2012) and Jurassic World (2015). He was active in TV, films and theatre and had a career spanning almost 25 years.

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          April 28, 2020

          28th April 2020 Daily Current Affairs

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          Dear Great Ambitionists, here are today's (28th April 2020) Important Current Affairs updates. Check complete Daily Current Affairs of the year 2020 from HERE. Happy Reading :)

          Daily Current Affairs of 28th April 2020

          International Current Affairs
          • Today (28th April) is Workers' Memorial Day / World Day for Safety and Health at Work.
            • This is an international day of remembrance and action for workers killed, disabled, injured or made unwell by their work.
            • Theme of Workers' Memorial Day 2020 : “Stop the Pandemic at Work
          • The US, China and India were the world's 3 biggest military spenders in 2019, arms watchdog Stockholm International Peace Research Institute (SIPRI) announced today. 
            • India's defence expenditure rose by 6.8% to $71.1 billion.
          National Current Affairs
          • The total number of Coronavirus cases in India has surged to 29,974.
            • Meanwhile, the death toll has risen to 937, with the fatality rate being 3.12%. 
            • As many as 7,027 coronavirus patients have been cured, discharged or migrated in India so far, taking the recovery rate to 23.44%. 
            • The doubling rate of cases in India is currently 10.2 days.
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          April 27, 2020

          27th April 2020 Daily Current Affairs

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          Dear Great Ambitionists, here are today's (27th April 2020) Important Current Affairs updates. Check complete Daily Current Affairs of the year 2020 from HERE. Happy Reading :)

          Daily Current Affairs of 27th April 2020

          International Current Affairs
          • The World Health Organization (WHO) has announced that there is currently no evidence that people who have recovered from COVID-19 and have antibodies are protected from a second infection. 
            • WHO said no study has evaluated whether the presence of antibodies to SARS-CoV-2 confers immunity to subsequent infection by this virus in humans.
          National Current Affairs
          • A total of 1,396  confirmed cases of COVID-19 have been reported in India in the last 24 hours taking the total number to 27,892
            • Out of the total cases, 6,184 patients have recovered and discharged from the hospitals including 381 patients recovered in the last 24 hours while 872 patients have died so far. 
            • Briefing media in New Delhi, Health Ministry official said that recovery rate if patients is improving and  now  it stood at 22.17  per cent. 
            • 16 Districts in the country which earlier had cases, have not reported any fresh cases in the last 28 days.
            • 3 new districts which were added to the above list are  Gondia in Maharashtra, Devangere in Karnataka and Lakhi Sarai in Bihar.
          • The government has launched covidwarriors.gov.in website which links volunteers of social organisations and representatives of local administration. 
            • This website includes doctors, nurses, ASHA workers, NCC and NSS officers.
          Banking, Business & Economic Affairs
          • The Reserve Bank of India (RBI) today announced a Special Liquidity Facility for Mutual Funds (SLF-MF) of 50,000 crore rupees with a view to easing liquidity pressures on MFs. 
            • The RBI has stated that it remains vigilant and will take whatever steps are necessary to mitigate the economic impact of COVID-19 and preserve financial stability.
          • Maruti Suzuki, the Automobile giant is now spearheading the production of low cost ventilators in India and helping the government in the fight against COVID-19. 
            • The production is going on in Gautam Bhuddh Nagar of Uttar Pradesh.
            • The low cost ventilators were designed by Agva Healthcare and Maruti Suzuki is enhancing the production by pouring in the vendors and doing the quality control. 
          • India's chemical exports rose by 7 per cent to 2.68 lakh crore rupees during April-January period of the last fiscal, and became the top exporting sector in the country for the first time. 
            • Union Minister of Chemicals and Fertilizers : D V Sadananda Gowda
          Science & Technology
          Sports Current Affairs
          • Pakistan batsman Umar Akmal has been banned from all forms of cricket for 3 years over corruption charges. 
            • The decision was announced by the Pakistan Cricket Board's disciplinary committee, headed by Justice (retired) Fazal-e-Miran Chauhan, after the cricketer decided not to fight the charges against him. A
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              What is Plasma Therapy treatment for the COVID-19

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              For the past few days you might be reading in news papers or watching in TV channels about Plasma therapy is showing positive results on Covid 19 patients. After China and the US, recently India has given a go ahead for framing a protocol to conduct a clinical trial for convalescent plasma therapy. Recently 4 COVID-19 patients had plasma therapy treatment in Delhi's Lok Nayak Jai Prakash Narayan Hospital in the last few weeks. The initial results are positive and encouraging. The therapy has been used experimentally in the past and so has become a ray of hope in the fight against the novel coronavirus pandemic. Now let's see what's this Plasma Therapy is, along with the pros and cons of this therapy as it is going to be one of the most important topics to be covered in our upcoming competitive exams.

              About Plasma Therapy

              The Plasma Therapy is an experimental procedure for COVID-19 patients. For plasma therapy, doctors need plasma from COVID-19 patients who have already recovered. The blood of a person who has recovered from COVID-19 develops antibodies to battle against the virus. This therapy uses antibodies from the blood of a cured coronavirus patient to treat another critical patient. The idea behind this therapy is that immunity can be transferred from a healthy person to a sick patient using convalescent plasma. Once the blood plasma of the recovered patient is infused with that of the second patient, the antibodies start fighting against coronavirus in the second person's body. The process of donating plasma is similar to that of donating blood and takes about an hour.

              Recent Developments on Plasma Therapy in India

              • The King George Medical University, Uttar Pradesh has become the 1st government hospital in India to successfully launch the plasma therapy treatment for the COVID-19 patients. A 58-year-old doctor became the first coronavirus patient at the King George Medical University (KGMU), Lucknow to receive plasma therapy as an experimental treatment for the disease.
              • The Centre permitted few states to perform plasma therapy on limited number of COVID-19 patients. Kerala, Gujarat, Punjab also started using plasma therapy to cure COVID-19 patients.
              • Delhi government is planning to ask Centre to allow plasma treatment on all critical patients in the state.
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              April 26, 2020

              26th April 2020 Daily Current Affairs

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              Dear Great Ambitionists, here are today's (26th April 2020) Important Current Affairs updates. Check complete Daily Current Affairs of the year 2020 from HERE. Happy Reading :)

              Daily Current Affairs of 26th April 2020

              International Current Affairs
              • Today (26th April) is World Intellectual Property Day.
                • The event was established by the World Intellectual Property Organization (WIPO) in 2000 to "raise awareness of how patents, copyright, trademarks and designs impact on daily life" and "to celebrate creativity, and the contribution made by creators and innovators to the development of societies across the globe".
                • 26 April was chosen as the date to celebrate this day because it coincides with the date on which the Convention Establishing the World Intellectual Property Organization entered into force in 1970.
                • Theme of World Intellectual Property Day 2020 : Innovate for a Green Future.’
              • More than 2 lakh people worldwide have died due to novel Coronavirus (Covid 19) so far. 
                • There are over 2.8 million confirmed cases of COVID-19 around the world. 
                • More than 210 countries and territories have reported cases.
                • Five countries have now reported death tolls above 20,000. The US, Italy and Spain have seen the highest number of reported fatalities.
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              List of newly appointed Secretaries in different Ministries & Departments 2020

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              The Indian Government today (26th April 2020) appointed new Secretaries, Special Secretaries and Additional Secretaries in different Ministries and Departments. A rank under the Central Staffing Scheme of the Government of India, the Secretary of GOI is generally a career civil servant, mostly from the Indian Administrative Service (IAS) and government official of high seniority. Here is the list of newly appointed secretaries today. There are around 23 IAS officers of the rank from Additional Secretary, Special Secretary and Secretary today appointed in various central government departments as part of the bureaucratic reshuffle. Here are some important names :

              Newly Appointed Secretaries by Government of India 2020

              • A.K. Sharma - Secretary, Micro, Small and Medium Enterprises (currently working as Additional Secretary in the PMO)
              • Amit Khare - Information and Broadcasting Secretary (Additional Charge) [He is working as Higher Education Secretary]
              • Anand Kumar - Secretary, Culture (currently working as Secretary, New and Renewable Energy)
              • Anita Karwal - Secretary School Education and Literacy (she is currently working as CBSE Chairperson]
              • Pradeep Kumar Tripathi - new Steel Secretary
              • Preeti Sudan - Health Secretary (She was to retire this month, has been given three month extension)
              • Rajesh Bhushan - Officer on Special Duty, Department of Health and Family Welfare
              • Rajesh Kumar Chaturvedi - Secretary, Department of Chemicals and Petrochemicals
              • Ravi Kant - Secretary, Ex-Servicemen (currently working as Secretary, Food and Public Distribution)
              • Ravi Mittal - new Sports Secretary (He is currently working as the Information and Broadcasting Secretary)
              • Sudhanshu Pandey - new Union Food Secretary
              • Tarun Bajaj - Secretary, Department of Economic Affairs in Ministry of Finance (currently working as Additional Secretary in PMO)
              • Tarun Kapoor - Secretary in Ministry of Petroleum and Natural Gas (currently working as Vice Chairman of Delhi Development Authority)
              Apart from above names, a total of 10 Indian Administrative Service (IAS) officers have been given in-situ upgradation to the level of Special Secretary in the rank and pay of Secretary of Central government, as a measure personal to the them, by temporarily upgrading the posts held by them. They are are Jyoti Arora, B. Anand, Neel Kamal Darbari, Bidyut Bihari Swain, Apurva Chandra, Rajiv Bansal, Ali Raza Rizvi, Praveen Kr. Srivastava, Arvind Singh and Indevar Pandey.

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              Update about IBPS PO IX, Clerks IX, SPL IX Final Results

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              Friends, in a recently released notice, the Institute of Banking Personnel Selection (IBPS) has confirmed the postponement of final result declaration for IBPS PO IX & Clerks IX and Specialist Officers IX Recruitments 2020. Though the organization didn't give any specific date for result announcement, it may take at-least three to four weeks for further updates. Here is the official notice released by IBPS.


              Due to the unforeseen circumstances, i.e., COVID-19 pandemic, the declaration of results of Provisional Allotment for CRP- PO/MT- IX, CRP – CLERKS - IX and CRP - SPL - IX stands postponed until further orders.

              Check the notice released by IBPS about postponement of Final Result from HERE 



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              April 25, 2020

              25th April 2020 Daily Current Affairs

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              Dear Great Ambitionists, here are today's (25th April 2020) Important Current Affairs updates. Check complete Daily Current Affairs of the year 2020 from HERE. Happy Reading :)

              Daily Current Affairs of 25th April 2020

              International Current Affairs
              • Today (25th April) is World Malaria Day.
                • This day recognizes global efforts to control malaria.
                • Globally, 3.3 billion people in 106 countries are at risk of malaria.
                • Theme for World Malaria Day 2020 : “Zero Malaria Starts with Me“.
                • Important Note :
                  • Wolrd Malaria Day is one of eight official global public health campaigns currently marked by the World Health Organization (WHO).
                  • Remaining days are,
                    • World Health Day,
                    • World Blood Donor Day,
                    • World Immunization Week,
                    • World Tuberculosis Day,
                    • World No Tobacco Day,
                    • World Hepatitis Day and
                    • World AIDS Day.
              • World leaders have pledged to accelerate work on new vaccines, tests and treatments for COVID-19 and ensure equal access for all, as part of a WHO initiative. 
                • The leaders who joined the virtual event to launch what WHO referred to as a "landmark collaboration" are :
                  • Emmanuel Macron (French President)
                  • Angela Merkel (German Chancellor)
                  • Cyril Ramaphosa (South African President)
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              Govt declares Banking Industry as Public Utility Service : What does this mean ?

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              Amid the Covid 19 pandemic which has significantly impacted economic activities, the Indian Government today declared the Banking Industry as a Public Utility Service for 6 months till 21st October 2020. The government made this move under the provisions of the Industrial Disputes Act.

              What is Industrial Disputes Act ?

              The Industrial Disputes Act, which was enacted on 11th March 1947 and came into force on 1st April 1947 has made provision for the investigation and settlement of industrial disputes and for certain other purposes. It regulates Indian Labour Law so far as that concerns trade unions as well as Individual workman employed in any Industry within the territory of Indian mainland.

              What does this mean ?

              Bringing banking services under the provisions of Industrial Disputes Act means that the banking sector would not see any strikes by employees or officers during the operation of the law starting from April 21. There are over a dozen employees and officers unions in the banking sector. These unions enjoy a considerable say in wage negotiations, which the IBA deals with every 5 years. There are several issues on which the bank unions don’t agree with the decisions of the government. The latest is the merger of several banks.  

              The notification was issued by the labour ministry and the circular has been addressed to the RBI Governor, SBI Chairman, Managing Directors and CEOs of nationalized banks, and the CEO of Indian Banks’ Association (IBA).


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              April 24, 2020

              24th April 2020 Daily Current Affairs

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              Dear Great Ambitionists, here are today's (24th April 2020) Important Current Affairs updates. Check complete Daily Current Affairs of the year 2020 from HERE. Happy Reading :)

              Daily Current Affairs of 24th April 2020

              International Current Affairs
              • Today (24th April) is World Day For Animals In Laboratories (also known as World Lab Animal Day).
                • This day was established in 1979 by the British National Anti-Vivisection Society (NAVS).
                • The date 24th April was chosen to observe this day, as it marked the birthday of former NAVS president Hugh Dowding, 1st Baron Dowding.
              • Today is Pinhole Photography day.
              National Current Affairs
              • Today (24th April) is National Panchayati Raj Day.
                • This date marks a defining moment in the history of decentralization of political power to the grassroots level.
                • Note : The Constitution (73rd Amendment) Act, 1992 that came into force with effect from 24th April, 1993 has institutionalized Panchayati Raj through the village, Intermediate and District level Panchayats.
              • On National Panchayati Raj Day today, the Prime Minister launched the e-Gramswaraj Portal and Mobile app as a portal to prepare and plan Gram Panchayat Development Plans. 
                • The portal is a major step towards digitization down to the Gram Panchayat level.
                • It will ensure real time monitoring and accountability.
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              April 23, 2020

              23rd April 2020 Daily Current Affairs

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              Dear Great Ambitionists, here are today's (23rd April 2020) Important Current Affairs updates. Check complete Daily Current Affairs of the year 2020 from HERE. Happy Reading :)

              Daily Current Affairs of 23rd April 2020

              International Current Affairs
              • World Book Day or World Book and Copyright Day is being observed today.
                • This day is organized by the United Nations Educational, Scientific and Cultural Organization (UNESCO), to promote reading, publishing and copyright.
                • The first World Book Day was celebrated on 23 April 1995.
                • Important Points to Note :
                  • Kuala Lumpur chosen as the World Book Capital 2020.
                  • Sharjah was World Book Capital for the year 2019.
              • Today (23rd April) is UN English Language Day.
                • The event was established by the UNESCO in 2010.
                • April 23 was chosen as the date for the English language because it is the birth  anniversary of greatest writer in the English language and the world's pre-eminent dramatist William Shakespeare.
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              April 22, 2020

              22nd April 2020 Daily Current Affairs

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              Dear Great Ambitionists, here are today's (22nd April 2020) Important Current Affairs updates. Check complete Daily Current Affairs of the year 2020 from HERE. Happy Reading :)

              Daily Current Affairs of 22nd April 2020

              International Current Affairs
              • Every year, 22nd April is celebrated as the Global Earth Day
                • This year 2020 marks 50 years since the start of this modern environmental movement. 
                • The world's 1st ever Earth Day was observed on 22nd April 1970, in the United States of America to increase public awareness about environmental problems. 
                • It was founded by United States senator Gaylord Nelson, as a reaction to a massive oil spill in California in 1969.
                • Aim of Earth Day : To bring attention to environmental issues to spark changes that will result in a healthy, sustainable environment. 
                • With the ongoing COVID-19 pandemic—as most parts of the world remain under lockdown, the Earth Day has gone digital to keep up the momentum. 
                • Theme of Global Earth Day 2020 : "Climate Action".
              • US President Donald Trump has clarified that the immigration ban in US will last for 60 days and will be applicable to only those seeking permanent residency in the country. 
                • Trump earlier said he'll be doing so because of the attack from the invisible enemy (coronavirus).
              • India has dropped two places in the 2020 World Press Freedom Index, ranking 142 out of 180 countries. 
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              Essays for Competitive Exams : If I were a Millionaire

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              Essay on "If I were a Millionaire"

              Major Points to Cover :
              • Money
              • Its definition
              • Classes
              • How to earn
              • Results of earning a lot
              • Conclusions
              Man by nature is pleasure loving. He wants peace and happiness and avoids pain. Money helps at times of need and gives him comfort, food, a house, and a family to live with, and above all, all the material comforts of this world can be had if only man has sufficient money. So everybody wants to possess money and possess it in abundance.

              In this world, some are born rich, some are born poor and some others belong to the middle class. The comforts, which a man commands depends on the class to which he belongs. Money is such a
              thing that it will not allow any man to rest. It forces him to strive for more and more and more. The quest is never satisfied.

              There are two ways of looking at money. One view is money is the end of all and so earn and go on earning more and more till you die. This category of persons argue that money gives you comfort, pleasure, power, social respect and authority over others. So why not go in for more and more money because it is money that makes the man ? The second argument is philosophical. You did not bring any money to this world. Why worry about it which you got during your life and which you are sure to leave in the world after death ? There is also a third view about money. Earn the money that is necessary. Spend it usefully on your needs and also help the fellowmen who are in need. In that way you can be happy and make others also happy. Every man has to decide which way he has to follow.

              There are many ways to earn money. The first way is the morally acceptable way of working to earn. The second way is to steal or rob somebody who has got it. The third way is to expect a miracle to happen like winning a million rupees through lottery. The third way never comes to everybody's lot. The second way of stealing or robbing are all methods which lead to unpleasant consequences. So the only moral method is to work and earn it.

              When I was young I was poor. My father was an elementary school teacher with eight children. We had hardly enough to eat. When I joined my high school it is so happened that both my bench-mates were very rich. One's father was a rich landlord with hundreds of acres of land. This boy had a separate room and a separate cook to serve him food. There was a radio, a T.V. and good number of books and magazines for him to read. The other was the son of a big merchant who had different types of business. They also owned a number of buses. That boy had a special car to come to school and go back home. Seeing them, I developed a feeling that I should also become a millionaire one day.

              Joining public service will never make one a millionaire. Only business can do that miracle. So I preferred to do business and earn a lot in my life. That became my life's ambition. After my school education I joined a business establishment of my friend as a clerk and learnt all the tricks of the trade. I could understand the market fluctuations and advantages of forward trading. I started trading in tamarind and jaggery and adopted forward trading techniques. It was not very late before I became a millionaire, as after some time money itself makes money.

              I earned more and more but I found later that money alone does not give happiness and pleasure which man needs. Money is the root cause of all evils. Envy, jealousy and hypocrisy are its servants. With a lot of money I was feeling unsafe. I was envied by all. Though money gets money friends they are not faithful. They look at your money and not at you. I cannot get rid of them or the money. The only way I found to be happy was to spend away what I earned on those who need my help.

              Difficult words :
              • Material : connected with physical objects and not mind
              • Abundance : plenty
              • Millionaire : one who has more than 10 lakh rupees
              shared by Nisheeta Mirchandani


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              April 21, 2020

              21st April 2020 Daily Current Affairs

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              Dear friends, we are delighted and proud to announce that we are back with our regular Daily current affairs updates. We already gave you the pdf file of 1st to 20th April 2020 Current Affairs (you can download that pdf file from HERE). From today (21st April 2020), we shall continue our Daily Current Affairs updates. Due to lockdown I'm posting these current affairs from my mobile. So, it may take some time to upload Daily Current Affairs in PDF file format, till then, Please write down these points in your notebook on daily basis. Happy Reading :)

              Daily Current Affairs of 21st April 2020

              International Current Affairs
              • In the wake of Coronavirus outbreak, US President Donald Trump today announced that he will sign an executive order to temporarily suspend immigration into America
                • The coronavirus outbreak has killed more than 40,000 people in the US and more than 750,000 cases have been confirmed..
              • Israeli Prime Minister Benjamin Netanyahu and his election rival Benny Gantz today signed an agreement to form an emergency coalition government after holding three consecutive elections in over a year. 
                • According to the agreement, Netanyahu, who is under criminal indictment in three corruption cases, will remain prime minister for 18 months after which Gantz will replace him.
              • Sri Lanka's Chairman of the National Election Commission Mahinda Deshapriya has announced that the parliamentary elections in the country, that were postponed due to the coronavirus spread, will be held on June 20.
              National Current Affairs
              • The Government of India celebrates April 21 every year as Civil Services day
                • Purpose of this day : To rededicate and recommit themselves to the cause of the people.
                • The day provides an unique opportunity for introspection as also for working out future strategies to deal with the challenges being posed by the ever changing times. 
                • Note : The Civil Services Day 2019 was not observed due to Lok Sabha elections.
              • A day after Goa became the first zero COVID-19 state in India, Manipur Chief Minister N Biren Singh has announced that the two coronavirus patients in the state have "fully recovered" and have tested negative for the virus. 
                • "I am glad to share that Manipur is now corona(virus) free," said Singh on Twitter. 
              • The government has asked all its departments to include 'Transgender' as a separate category of gender for recruitment in civil services and other posts
                • The move is based on the provisions of the Transgender Persons (Protection of Rights) Act, notified in December last year. 
                • The Act also provides for grievance redressal mechanism in each establishment.
              • Nearly a month after taking oath, Madhya Pradesh Chief Minister Shivraj Singh Chouhan today expanded the state Cabinet.
                • Narottam Mishra, Tulsi Silawat, Kamal Patel, Govind Singh Rajput and Meena Singh took the oath of office as ministers. 
              • The government has announced that the condition of coronavirus spread is getting serious in 11 districts across 4 states
                • They include Rajasthan's Jaipur, MP's Indore, Maharashtra's Mumbai and Pune, and West Bengal's Kolkata, Howrah, North 24 Parganas, Medinipur East, Jalpaiguri, Darjeeling and Kalimpong.  
                • Note : The Health Ministry today announced that the recovery rate of COVID-19 in the country is 17.47 per cent.
              • The government has made it compulsory for all employees of e-commerce companies to download the COVID-19 tracking app Aarogya Setu
                • The decision is a part of the government's standard operating procedure (SOP) for all workers working during COVID-19. 
                • As part of the SOP, the company's COO will be held responsible for communicating requirements to stakeholders and implementing sanitisation norms.
              Banking, Business & Economic Affairs
              • The Reserve Bank of India (RBI) has announced the calendar of the meetings of the Monetary Policy Committee (MPC) for the current financial year. 
                • The decision of the first meet will be announced on 5th June 2020.
                • As per the schedule announced by the RBI, the next Monetary Policy Committee meeting will take place during June 3 to 5
                • The MPC decision is announced on the last day of the meeting.
                • It stated that the other meetings will take place on August 4 to 6, 2020; September 29-30 and October 1, 2020; December 2 to 4, 2020; and February 3 to 5, 2021.
                • Note : The previous MPC meeting was advanced in view of the COVID-19 outbreak to March 24, 26 and 27 from originally scheduled for March 31, April 1 and 3.
              • The government today allowed the use of Surplus rice available with Food Corporation of India (FCI) to be converted into ethanol in order to manufacture alcohol-based hand sanitisers and also for blending with petrol. 
                • Note : The FCI has 30.97 million tonnes of rice in its godowns.
              Deaths
              • Oscar-winning illustrator and animation filmmaker Gene Deitch (95) passed away.
                • He is best known for directing cartoon shows 'Tom and Jerry' and 'Popeye The Sailor'.
              New Appointments
              • US President Donald Trump today appointed Indian-American Sudarsanam Babu as a Member of the National Science Board.
                • He is the 3rd Indian American to be part of the board and will be in the position 6 years. 
                • Sudarshanam completed his Master of Technology from IIT-Madras, he also holds a PhD from Cambridge University.
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                April 20, 2020

                April 2020 Monthly Current Affairs Quick Review - Pdf Download

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                Dear Gr8Ambitionists, on popular demand, we are giving you the Quick Review of April 2020 Current Affairs pdf file. This file covers all the important current affairs updates of April month till today (i.e., 1st to 20th April 2020). Try to make optimum use of this lockdown period. We've already provided the PDF Capsules of January, February and March 2020 Current Affairs. We'll try to arrange remaining months' current affairs quick reviews soon. Full version of this current affairs capsule (1st to 30th) will be available for download on 3rd May 2020. Stay home, Stay safe and  happy Reading :)

                Download PDF Version of April 2020 Month's Current Affairs from here

                Download Remaining Month's Current Affairs PDF Files of 2020 from below links

                 


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                April 19, 2020

                March 2020 Monthly Current Affairs Quick Review - Pdf Download

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                Friends, here we are giving you the Pdf File of March 2020 Current Affairs Quick Review Capsule. This pdf file consists of all important major current affairs of March 2020, including important Awards and Honors, New Appointments, Obituaries along with our very special online liner National, International, Business and Sports updates. You can download the pdf capsule from below link. Happy Reading :)

                Download PDF Version of March 2020 Month's Current Affairs from here


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                  February 2020 Monthly Current Affairs Quick Review - Pdf Download

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                  Friends, here is the Pdf File of February 2020 Current Affairs Quick Review Capsule. This pdf file consists of all important major news events of February 2020, including Major Appointments, Awards & Honors, Deaths, Economic Survey 2019 and Union Budget 2020 along with our special One-Liner current affairs of February 2020. You can download it from below link. We will try to arrange the March 2020 Current Affairs by tomorrow.  Happy Reading :)

                  Download PDF Version of February 2020 Month's Current Affairs from here


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                    April 17, 2020

                    Corona (Covid-19) Effect : RBI cuts Reverse Repo Rate by 25 bps

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                    In the wake of Corona virus (Covid 19) crisis and the subsequent countrywide lockdown in India, the Reserve Bank of India (RBI) governor Shaktikanta Das today announed the reduction in reverse repo rate by 25 basis points from 4 per cent to 3.75 per cent. This move will help in injecting liquidity in financial markets. However, the repo rate remains unchanged.  Addressing the media, Das said on April 14, International Monetary Fund released its global growth projections, revealing that in 2020, the global economy is expected to plunge into the worst recession since 'The Great Depression'.

                    Here are the Major Highlights of the Reserve Bank Governor Shaktikanta Das's address to the media today
                    • 50% of the funds in TLTRO 2,0 is for small and medium-sized NBFCs
                    • 60% of ways and means advances allowed to states until September 30, 2020
                    • A special Rs 50,000 crore refinance facility for Nabard (RS 25,000 crore), Sidbi (Rs 15,000 crore) and NHB (Rs 10,000 crore)
                    • ATMs have worked at 91% capacity during this period.
                    • Banks will need to maintain additional provisioning of 10 per cent on standstill accounts
                    • Banks won't announce dividends until further notice
                    • Every data on monsoon, sowing, fertilisers bode well for agri and rural outlook but situation is sombre in other industrial sectors.
                    • India expected to stage a smart recovery to grow at pre-coronavirus pace of 7% in FY21, according to the IMF
                    • India is one of the few countries projected to hang on to - perhaps tenuously - 1.9% GDP growth, according to the IMF.
                    • LCR requirement brought down from 100% to 80% with immediate effect. LCR requirement to be restored to the previous level in a phased manner
                    • Liquidity management: Will undertake TLTRO 2.0 operations. LTRO of Rs 50,000 cr to begin with in many tranches for NBFCs
                    • Loans given by NBFCs to real estate companies to get similar benefit as given by scheduled commercial banks
                    • Macroeconomic landscape has deteriorated since March 27, 2020.
                    • NBFCs allowed to grant relaxed NPA classification to their borrowers
                    • NBFCs' loans to delayed commercial real estate projects can be extended by a year without restructuring
                    • No downtime has been observed for internet or mobile banking.
                    • NPA classifications will exclude the three-month moratorium period till May-end
                    • Since March 27, surplus liquidity has increased sharply in the banking system.
                    • The global economy is going through the worst phase since the Great Depression.
                    • The impact of Covid-19 has not been captured in recent IIP data.
                    • The RBI has taken several steps to ensure normal functioning of banks.
                    Note : In the last meeting on March 27, the RBI had announced a massive 90 bps cut in reverse repo rate, the rate at which the RBI borrows money from banks by lending securities, to ensure surplus liquidity in the system. The repo rate was reduced to a 15-year-low of 4.40 per cent and was also the steepest cut since October 2004.

                    New Policy Rates and Reserve Ratios of RBI 2020 (as on 17th April)

                    • Repo Rate : 4.40%
                    • Reverse Repo Rate : 3.75%
                    • Marginal Standing Facility (MSF) Rate : 4.65%
                    • Bank Rate : 4.65%
                    • CRR : 3%
                    • SLR : 18%
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