Current Affairs

 Israeli Prime Minister Benjamin Netanyahu has announced that he would name a new community in the Golan Heights after US President Donald Trump, who officially recognised the disputed area as Israeli territory. Israel has also stated that in appreciation of the U.S. president, it intends to name a proposed train station near Jerusalem’s Western Wall after him.
Source: Reuters

 Russia has successfully tested the world’s first floating nuclear power plant (NPP), Akademik Lomonosov, a subsidiary of Rosatom nuclear corporation stated. Reactors of the floating atomic block were launched in November 2018.
Source: Uniindia

  The total deposits in Jan Dhan Account are set to cross Rs 1 lakh crore soon. The scheme was launched on 28th August 2014 by the Modi-government with an aim to provide universal access to banking facilities to all households. On 3rd April, the total balance in the Jan Dhan accounts was at Rs 97,665.66 and the total number of Jan Dhan accounts crossed 35.39 crores. Also, more than 27.89 croresaccount holders have been issued the Rupay debit cards.
Source: Business Today

  State-owned Allahabad Bank stated that the government has increased its authorised capital by Rs 5,000 crore to Rs 8,000 crore. The central government after consultation with the Reserve Bank of India increased the authorised capital of the bank. The increase in authorised capital will help enable the bank to raise further fund up to a maximum ceiling of Rs 8,000 crore.
Source: Moneycontrol

  Uday Kumar Varma, a former bureaucrat retired from the post of Secretary, Ministry of Information and Broadcasting, resigned from the post of The Associated Chambers of Commerce and Industry (Assocham) Secretary-General. He had succeeded D S Rawatwho held the position for nearly 14 years.
Source: Business Standard

  National Panchayati Raj Day is celebrated every year on 24th April by the Ministry of Panchayati Raj. Then Prime Minister of India Manmohan Singh declared the first National Panchayati Raj Day on 24th April 2010. This day marks the passing of Constitution (73rd Amendment) Act, 1992 that came into force with effect from 24 April 1993. The Constitution of India recognizes Panchayats as ‘Institutions of self-government’. It permits states to take steps to organize village panchayats and provide them with necessary powers and authority to help them to function as units of self-government.
Source: India Today

 Fabio Fognini became the first Italian to win an ATP Masters 1000 title at the Rolex Monte-Carlo Masters. He defeated Dusan Lajovic. The Italian defeated World No. 3 Alexander Zverev to reach the quarter-finals and stunned 11-time champion Rafael Nadal in the last four.
Source: The Hindu

  The London School of Economics and Political Science (LSE) has announced the creation of the Amartya Sen Chair in Inequality Studies, named in honour of the India-born economist, philosopher, and Nobel laureate, who was Professor of Economics at LSE from 1971-82. Called the “Amartya Sen Chair in Inequality Studies,” its holder will also serve as Director of the LSE International Inequalities Institute, which facilitates interdisciplinary work on subjects related to inequality.
Source: Business Standard

 BSE has entered a Memorandum of Understanding (MoU) with Network Intelligence, a global cybersecurity services provider to provide cybersecurity services to its members in line with the cybersecurity framework set by SEBI. Network Intelligence will be using its own developed platform – BlueScope to offer 24×7 cybersecurity operations to the members. Earlier, BSE had also associated with John Chambers’ backed Lucideus to secure stock brokers as per SEBI guidelines using SAFE.
Source: Moneycontrol

  The Ministry of AYUSH inked a Memorandum of Understanding (MoU) with Council of Scientific and Industrial Research (CSIR) for cooperation in research and education in areas of traditional systems of medicine and its integration with modern science. Earlier, CSIR and Ayush Ministry jointly developed the Traditional Knowledge Digital Library (TKDL) which prevents bio-piracy and misappropriation of traditional knowledge.
Source: Uniindia


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