Thursday 29 April 2021
GK Update of twenty eighth April 2021 overlaying the next information headlines: Workers’ Memorial Day, Shivalik Small Finance Bank Limited, Oxford Economics, NCDEX.
Banking News
1. Shivalik Small Finance Bank Limited Begins Operations
- The UP-based Shivalik Small Finance Bank Limited commenced operations as a Small Finance Bank (SFB) with impact from April 26, 2021.
- It have to be remembered that the Shivalik Mercantile Co-operative Bank (SMCB) is the primary city co-operative financial institution (UCB) in India to obtain licence from RBI to function as a Small Finance Bank (SFB).
- The financial institution has obtained the licence from RBI below Section 22 (1) of the Banking Regulation Act, 1949 to hold on the enterprise of small finance financial institution in India.
- Shivalik SFB space of operation is Uttar Pradesh, Delhi, and elements of Madhya Pradesh and Uttarakhand.
Important takeaways for all aggressive exams:
- Shivalik Small Finance Bank Limited MD and CEO: Suveer Kumar Gupta.
Economy News
2. Oxford Economics Projects India’s FY22 GDP Growth Forecast to 10.2%
- The Global forecasting agency Oxford Economics has revised downwards the GDP progress forecast for India to 10.2 per cent for fiscal 2021-22.
- Earlier it predicted this at 11.8 per cent. The downward revision relies on the nation’s severe well being burden, weak vaccination price and lack of a convincing authorities technique to include the pandemic.
Appointment News
3. PESB selects Amit Banerjee as CMD of BEML
- Public Enterprise Selection Board chosen Amit Banerjee as Chairman and Managing Director (CMD) of Bharat Earth Movers Limited, (BEML) an Indian Public Sector Undertaking.
- The PESB introduced on assembly held on April 26, 2021. Currently, he’s serving as Director (Rail & Metro), BEML Limited.
- In his skilled profession spanning over three many years in BEML, Shri Banerjee has labored in R&D and manufacturing features. His expertise includes the design & improvement of assorted merchandise like SSEMU, Metro automobiles, Catenary Maintenance Vehicle, and so on.
Important takeaways for all aggressive exams:
- Bharat Earth Movers Limited Headquarters: Bengaluru;
- Bharat Earth Movers Limited Founded: May 1964.
4. Arun Raste named new MD & CEO of NCDEX
- Market regulator Securities and Exchange Board of India (SEBI) has given approval to the appointment of Arun Raste as MD and CEO of National Commodity & Derivatives Exchange Limited (NCDEX) for a interval of 5 years.
- Raste is presently related to the National Dairy Development Board (NDDB) as an Executive Director and previous to NDDB, he has labored with organisations like IDFC First Bank, Kotak Mahindra Bank, NABARD, ACC Cement, and a non-profit NGO IRFT.
Important takeaways for all aggressive exams:
- NCDEX Founded: 15 December 2003.
- NCDEX Headquarters: Mumbai.
- NCDEX Owner: Government of India (100%).
Defence News
5. DRDO develops single crystal blades for helicopter engines
- The Defence Research and Development Organisation (DRDO) has developed single-crystal blades know-how for helicopters and has provided 60 of those blades to Hindustan Aeronautics Limited (HAL) as a part of their indigenous helicopter improvement programme for engine utility. The DRDO will develop a complete of 5 units (300 blades) of single-crystal blades.
- This is a part of a programme taken up by the Defence Metallurgical Research Laboratory (DMRL) to develop 5 units of single-crystal high-pressure turbine (HPT) blades utilizing a nickel-based superalloy.
Important takeaways for all aggressive exams:
- Chairman DRDO: Dr G Satheesh Reddy.
- DRDO Headquarters: New Delhi.
- DRDO Established: 1958.
Ranks and Reports News
6. India third highest navy spender in 2020
- India has retained its place because the third greatest navy spender on the earth in 2020, in response to new information titled ‘SIPRI Military Expenditure Database’ revealed by the Stockholm International Peace Research Institute (SIPRI) on April 26, 2021.
- As per the brand new report, the highest 5 greatest spenders in 2020 have been the United States ($778 billion), China ($252 billion), India ($72.9 billion), Russia ($61.7 billion) and the United Kingdom ($59.2 billion) respectively.
- These 5 nations collectively accounted for 62 per cent of worldwide navy expenditure.
- Globally, the navy spending in 2020 rose to $1981 billion. This worth is a rise of two.6 per cent in actual phrases as in comparison with 2019.
Awards News
7. Uttar Pradesh gained e-panchayat award
- The Uttar Pradesh authorities gained the “E-Panchayat Puraskar 2021”, rating first in Category I. It was adopted by Assam and Chhattisgarh on the second place, whereas Odisha and Tamil Nadu stood third.
- Every yr, the Union Ministry of Panchayati Raj awards these states, which guarantee most use of knowledge know-how to maintain a tab on the work carried out by gram panchayats.
Important takeaways for all aggressive exams:
- UP Capital: Lucknow;
- UP Governor: Anandiben Patel;
- UP Chief minister: Yogi Adityanath.
Books and Authors News
8. Jhumpa Lahiri Comes Out With New Novel ‘Whereabouts’
- Renowned American creator Jhumpa Lahiri has launched her new novel titled “Whereabouts”. The ebook is an English translation of the Italian novel ‘Ias Dove Mi Trovo’ which was written by the creator Jhumpa Lahiri itself and revealed in 2018.
- The novel has been translated into English by the creator herself. The ebook is about an unnamed feminine protagonist over 45 years as she appears at her life, glancing, sideways, backwards and forwards, chronicling life, relationships and burden of relationships, briefly, succinct chapters.
Important Days
9. World Day for Safety and Health at Work: 28 April
- World Day for Safety and Health at Work is noticed globally on 28 April yearly. This day is noticed to advertise the prevention of occupational accidents and ailments globally and lift consciousness to make sure well being and security on the office.
- The theme for 2021 is “Anticipate, prepare and respond to crises – Invest Now in Resilient Occupational Safety and Health Systems”.
- The World Day for Safety and Health at Work is an annual worldwide marketing campaign to advertise secure, wholesome and respectable work. It is continued 28 April and has been noticed by the International Labour Organization (ILO) since 2003.
Important takeaways for all aggressive exams:
- Headquarters of International Labour Organization: Geneva, Switzerland.
- President of International Labour Organization: Guy Ryder.
- International Labour Organization Founded: 1919.
10. Workers’ Memorial Day: 28 April
- The Workers’ Memorial Day, often known as International Commemoration Day for Dead and Injured Workers happens yearly on 28 April. The day has been organized worldwide by the International Trade Union Confederation since 1996.
- Theme 2021: ‘Health and Safety is a fundamental workers‘ right.’
- Its objective is to recollect employees killed in incidents at work or by ailments attributable to work and honour the victims of occupational accidents and ailments by organizing worldwide mobilizations and consciousness campaigns on this date.
Obituaries News
11. Renowned Gujarati poet and people singer Dadudan Gadhvi Passes Away
- Veteran Gujarati poet and people singer Dadudan Pratapdan Gadhvi has handed away. He was 80 years previous. He was often known as Kavi Dad.
- He was awarded the Padma Shri in 2021 for his contribution in literature and training. Besides, he had written songs for 15 Gujarati movies.