Weekly Current Affairs (22nd to 30th April 2021) Part - 1 Current Affairs Notes | EduRev

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Current Affairs : Weekly Current Affairs (22nd to 30th April 2021) Part - 1 Current Affairs Notes | EduRev

The document Weekly Current Affairs (22nd to 30th April 2021) Part - 1 Current Affairs Notes | EduRev is a part of the Current Affairs Course Current Affairs & Hindu Analysis: Daily, Weekly & Monthly.
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Banking & Financial Awareness

1. The Housing Development Finance Corporation (HDFC) Ltd has entered into a strategic co-lending partnership with which another housing finance company ______ Indiabulls Housing Finance Ltd.
Note:
➢ The loans under the program will be in the funding ratio of 80:20 in which 80% of the loan is with HDFC’s books and 20% with Indiabulls HFL’s books).
➢ Indiabulls will service the loan account throughout the life cycle of the loan and it holds 20% of the credit risk by way of direct exposure.

2. Which bank has decided to withdraw its banking services from India just within a week of Citi banks exit ______ FirstRand Bank.
Note:

➢ It is the second largest bank in South Africa.
➢ FirstRand had started its banking service in India in late 2009 but it started lending to individual customers and small and medium enterprises only in 2012.
➢ The bank has its only office in Mumbai and acts as a branch of FirstRand Bank South Africa.


3. In Partnership with which two banks the Aceware FinTech Services launched Kerala’s first neobank called Ace Money Neobank ______ YES Bank and ICICI Bank.

Note:
➢ Under Ace Money, the start-ups, merchants, and enterprise entities can open present accounts, in line with the corporate
➢ Chqbook is India’s first Neobank for small business owners like kiranas, merchants, chemists, and others running proprietorships.

4. Which bank has appointed Ernst & Young Global Limited, a multinational professional services network as its digital  consultant ______ Indian Overseas Bank.
Note:

➢ This partnership is a part of IOB’s growth strategy to transform its banking services into Digital format.
➢ The aim of the partnership is to increase IOB’s digital share in the market and to attract millennial customers.
➢ The Digital consultant will support IOB to focus on utilizing and adopting the new technologies and enhance its service quality and delivery to its customers.

5. Which bank has acquired 9 per cent equity stake in Techfino Capital Private Limited (TCPL), a non-banking financial company (NBFC) ______ DCB Bank.
Note:

➢ TCPL provides customized consumer loans in the education and healthcare sectors and is present in key metros and tier-II cities across India
➢ The funds raised by TCPL will be used in the enhancement of its current Tech Stack, apart from on-lending to customers.

6. Which Indian IT company has acquired the entire stake in US-headquartered hybrid cloud and DevOps services provider Digital OnUS for $120 million, including retention bonus and earnout payments ______ Tech Mahindra.
Note:

➢ IT major Tech Mahindra has acquired the entire stake in US-headquartered hybrid cloud and DevOps services provider DigitalOnUS for $120 million, including retention bonus and earnout payments.
➢ The acquisition will strengthen Tech Mahindra’s cloud-native development, hybrid cloud infrastructure and site reliability engineering automation. The transaction is expected to close by May 15.

7. The Reserve Bank of India (RBI) has restricted which foreign entity from on-boarding new domestic customers onto their card networks from May 1, 2021, due to the non-compliance with the directions on Storage of Payment System Data ______ American Express Banking Corp & Diners Club International Ltd.
Note:

➢ American Express and Diners Club are authorized to operate card networks in India under the Payment and Settlement Systems Act, 2007 (PSS Act).
➢ In April 2018, RBI has made certain regulation under PSS Act for the storage of payment system data to payment system providers such as,
➢ Directed to store all the data related to payment systems (full end-to-end transaction details/information collected/carried/processed as part of the message/payment instruction) in a system only in India (within October 2018).

8. As per the RBI what should be the maximum tenure for the post of MD & CEO or Whole Time Director in banks, including private sector banks, small finance banks (SFBs) and wholly owned subsidiaries of foreign banks ______ 15 years.
Note:

➢ As per the regulator, the post of MD & CEO or WTD (whole time director) can't be held by same incumbent for more than 15 years.
➢ The post of the MD & CEO or WTD cannot be held by the same incumbent for more than 15 years.
➢ Thereafter, the individual will be eligible for re-appointment as MD & CEO or WTD in the same bank, if considered necessary and desirable by the board, after a minimum gap of three years, subject to meeting other conditions

9. In April 2021, the Reserve Bank of India has cancelled the license of which cooperative bank ______ Bhagyodaya Friends Urban Co-operative Bank Limited.
Note:

➢ On liquidation, every depositor is entitled to receive deposit insurance claim amount of his/her deposits up to a monetary ceiling of Rs 5 lakhs from the DICGC subject to the provisions of the DICGC Act, 1961.
➢ According to the regulator, the bank with its present financial position would be unable to pay its present depositors in the full and public interest would be adversely affected if the bank is allowed to carry on its banking business any further.


10. Which e-commerce payment platform has launched a new video-based wealth community called Wealth Community ______ Paytm.

Note:

➢ Paytm Wealth Community is an investing community based on video, and “will enable users to attend live sessions conducted by subject matter experts across an array of wealth topics like Stocks, F&O, IPO, ETFs, Mutual Funds, Gold, Fixed Income, and Personal Finance.


11. In association with which company the BOB Financial Solutions Limited (BFSL) has launched ConQR - on Card solution to offer an easy payment solution for cardholders  ______ MasterCard.

Note:

➢ This solution uses a Mastercard patented technology which enables cardholders/SMEs to accept cashless payments using their cards.
➢ By doing so, QR on card makes payments more flexible and empowers cardholders (mainly small merchants) to spend and earn on the same card.


12. Which Public sector bank has entered into pact with Chennai-based angel investment group ‘The Chennai Angles’ for financing start-ups under the bank’s loan product Ind Spring Board ______ Indian Bank.
Note:

➢ Under this project, Indian Bank will support start-ups by extending credit facilities up to ₹50 crore for working capital needs and also fund term-loan requirements for acquiring fixed assets for their units.

13. The Reserve Bank of India has cancelled the license of Bhagyodaya Friends Urban Co-operative Bank Limited based in which state ______ Maharshtra.
Note:

➢ On liquidation, every depositor is entitled to receive deposit insurance claim amount of his/her deposits up to a monetary ceiling of Rs 5 lakhs from the DICGC subject to the provisions of the DICGC Act, 1961.
➢ According to the regulator, the bank with its present financial position would be unable to pay its present depositors in the full and public interest would be adversely affected if the bank is allowed to carry on its banking business any further.

14. Axis Direct – the flagship brand of Axis Securities, a fully-owned subsidiary of Axis Bank has launched evolutionary mobile app- ‘Axis Direct RING’ to facilitate which type of investment ______ Stock Market.
Note:

➢ RING is built on the latest Technology Stack above a robust Order Management and Risk Management system.
➢ RING technology scans over 25,000 stock market instruments in real-time and identifies opportunities for you to invest.

15. The CII- Indian Green Building Council (IGBC) has set a target to achieve Net Zero Carbon Emission by which year ______ 2050.
Note:

➢ As part of this mission, more than 250 leading organisations from Indian building sector have committed to achieve Net Zero status for their new and existing buildings.
➢ CII demonstrated India’s first platinum-rated green building – CII-Sohrabji Godrej Green Business Centre at Hyderabad in the year 2004, which triggered the green building movement in India.

16. According to Asian Development Outlook, 2021 released by the Asian Development Bank what will be the growth rate of Indian Economy in the current fiscal year (2021-22)  ______ 11 percent.
Note:
➢ For FY2022, India’s GDP is expected to expand at 7%.
➢ Further, it said the gross domestic product (GDP) of South Asia is expected to rebound to 9.5% this year, following a contraction of 6% in 2020, before moderating to 6.6% next year (2022).

17. How much capital has been infused in the Industrial Finance Corporation of India (IFCI) through issue of equity shares by the Government of India ______ Rs 200 crore.
Note:

➢ After the capital infusion, the government’s holding in IFCI was increased from 61.02 per cent to 63.8 per cent.
➢ In the budget of FY21, the government had committed for funding Rs 200 crore to IFCI.
➢ In March 2020 also, the government infused Rs 200 crore.

18. According to the Annual Report of Asian Development Bank (ADB) released in April 2021, what amount ADB had provided to India in supporting the response to tackle covid-19 ______ $1.5 billion.
Note:

➢ The $1.5 billion financing to India is a part of the ADB’s $16.1 billion pandemic response in 2020 through a $20 billion assistance package announced by ADB in April 2020 to help its 26 member countries in managing the pandemic.
➢ In 2020, ADB has committed to provide $31.6 billion to help Asia and the Pacific to tackle Covid-19 outbreak and to support a green, sustainable recovery from the pandemic and address long term development challenges.

19. Which Bank has launched a digital and contactless banking platform, especially for retail merchants named as ‘Merchant Stack’ ______ ICICI Bank.
Note:

➢ The service, christened 'merchant stack', is targeted at the over 2 crore retail merchants in the country to render banking services digitally.
➢ The banking services under Merchant Stack will include zero-balance current account, instant credit facilities, ‘digital store management’ facility, loyalty programme, and value-added services like alliances with e-commerce and digital marketing platforms.

20. Which bank has emerged as the top arranger of corporate bond deals in 2020-21 (FY21) ______ HDFC Bank.
Note:

➢ However, for the last quarter of FY21, i.e January- March 2021, Axis Bank was the top arranger of corporate bond deals while HDFC was second in the last quarter.
➢ Axis Bank managed 16 deals worth Rs. 106.6 billion while HDFC Bank had 19 deals worth around Rs 70.4 billion.

21. Which bank has approved the reclassification of New India Assurance Co Ltd (NIACL) from promoter category to public category investor ______ Axis Bank.
Note:

➢ As of April 22, 2021, 0.67 per cent of the total issued and paid-up equity share capital of the Axis bank was held by NIACL.
➢ The approval of the stock exchanges, statutory/regulatory authorities and shareholders of the bank are also subjected to reclassification.

22. Which bank has signed a Memorandum of Understanding (MoU) with Bharat Sanchar Nigam Limited (BSNL) to provide telecom services to the bank at a competitive rate ______ Indian Bank.
Note:

➢ The MoU was signed in the presence of the executive director of Indian Bank and chief general manager of BSNL Chennai Telephones.
➢ Indian bank already uses the service of BSNL and Mahanagar Telephone Nigam Ltd (MTNL) for the Wide Area Network (WAN) across India.

23. By which year the IT major Wipro has announced its plan to achieve Net-Zero Greenhouse Gas (GHG) emissions ______ 2040.
Note:

➢ The targets fixed by the company are in accordance with the Paris Agreement’s objective to cap temperature rise to 1.5 degrees Celsius, and the globally accepted Science Based Targets initiative (SBTi).

Obituaries

1. Renowned personality Sankha Ghosh passed away recently, he was a veteran ______ Poet.
Note:

➢ Ghosh was one of most important names in Bengali poetry and, together with Shakti Chattopadhyay, Alokeranjan Dasgupta and Sunil Gangopadhyay, was said to have carried on the baton from the poets of the early part of the 20th century, such as Jibanananda Das and Buddhadev Basu.
➢ He was awarded the Jnanpith Award in 2016 and the Padma Bhushan in 2011.
➢ Considered an authority on Tagore, Ghosh was awarded the Sahitya Akademi Award in 1977 for his poetry collection Babarer Prarthana.

2. Famous sportsperson Suhas Kulkarni was associated with which sports who passed away recently ______ Table Tennis.
Note:

➢ After his retirement from active sports he contributed to the sport as a Coach.
➢ He has played in the Masters Table Tennis Tournaments at National and International level.
➢ He won the national Masters TT Championship 2019 held in Indore.

3. Padma Bhushan awardee Rajan Mishra passed away recently he was a veteran  ______ classical singer.
Note:

➢ Rajan Mishra was a famous classical singer from 'Banaras Gharana' of India.
➢ He was awarded the Padma Bhushan in the field of art in 2007.
➢ Their proclaimed works include 'Bhairav Se Bhairavi Tak', 'Bhaktimala', 'Durgati Nashini Durga', 'Aarti kijai hanuman lala ki', and more.

4. National award winner Waman Bhonsle passed away recently he was a veteran ______ Film Editor.
Note:

➢ He won the best editing award at the 25th National Film award for "Inkaar".
➢ In his four-decade-long career, he worked with several noted filmmakers including Subhash Ghai, Shekar Kapur, Mahesh Bhatt, Gulzaar, Raj Sippy, Anil Ganguly, Sunil Dutt, others.

5. Renowned personality Jagdish Khattar passed away recently, he was former Managing Director of which vehicle manufacturer ______ Maruti Suzuki.
Note:

➢ Khattar (79), a former bureaucrat, was considered as one of the most high profile leaders of the Indian automotive industry, laying the foundation for Maruti's future growth after the government began its disinvestment in 2002 and gradually exited from its joint venture with Suzuki Motor Corporation (SMC).
➢ He had joined the then Maruti Udyog Ltd in July 1993 as director (marketing) and went on to become executive director (marketing) in the next six years.

6. Renowned personality Krishnamurthy Santhanam passed away recently he was a veteran ______ Nuclear scientist.
Note: 

➢ He was deeply associated with DRDO, Department of Atomic Energy (DAE) and Institute for Defence Studies and Analyses (IDSA).
➢ Santhanam was the field director of Defence Research and Development Organization during the tests of PokhranII.
➢ He was awarded with the Padma Bhushan, the third-highest civilian award, in 1999 by the Government of India.

7. Renowned personality and Padma Shri awardee Manzoor Ahtesham passed away recently he was a veteran ______ Hindi litterateur.
Note:
➢ Incidentally, Ahthesham''s first story was titled ''Ramzan Ki Maut'' and he died in the holy month currently underway.

8. Renowned personality Michael Collins passed away recently; he was a famous ______ Astronaut.
Note:

➢ He stayed behind in the command module of Apollo 11 on July 20, 1969, while Neil Armstrong and Buzz Aldrin traveled to the lunar surface to become the first humans to walk on the moon.
➢ Often described as the “forgotten” third astronaut on the historic mission, Collins remained alone for more than 21 hours until his two colleagues returned in the lunar module.

9. Padma Shri and Padma Bhushan awardee Manoj Das passed away recently he was a veteran ______ writer.
Note:

➢ Manoj Das was awarded Padma Shri in 2001 and Padma Bhusan in 2020 for his contribution in the field of Literature & Education.
➢ He was teaching English Literature and the Philosophy of Sri Aurobindo at the Sri Aurobindo International University.

Important Days

1. What is the theme of the International Mother Earth Day 2021 ______ Restore Our Earth.
Note:

➢ Earth Day or International Mother Earth Day is observed globally on 22 April every year.
➢ The Day will be celebrated all over the world to spread awareness for Earth’s wellbeing and to encourage people to support environmental protection.
➢ World Earth Day 2021 will mark the 51st Anniversary of the day since it started being observed in 1970.

2. World Book Copyrights Day is celebrated very year on which date by the United Nations Educational, Scientific and Cultural Organisation (UNESCO) ______ 23rd April.
Note:

➢ As a celebration of this year's World's Book and Copyright Day 2021, UNESCO has created a 'Bookface' challenge.
➢ The first World Book and Copyrights Day was celebrated in 1995.
➢ The UNESCO decided to celebrate the World Book and Copyrights Day on April 23 to commemorate the death anniversary of William Shakespeare.
➢ As per UNESCO, the city of Tbilisi in Georgia was selected as the World Book Capital for 2021.

3. The World Intellectual Property Day is celebrated every year on which date ______ 26th April.
Note:
➢ The day was established by the World Intellectual Property Organization (WIPO) in 2000.
➢ The day this is id dedicated to the Small and medium-sized enterprises.
➢ SMEs account for 90% of all companies worldwide and 70% of global employment that’s why World IP Day 2021 is carrying the theme "IP and SMEs: Taking your ideas to market."

4. The International Jazz Day is celebrated every year on which date to highlight the importance of jazz and its diplomatic role in uniting people in all corners of the globe  ______ 30th April.

Note:
➢ The 2021 celebration marks the 10th Anniversary of International Jazz Day. The day was created on the idea of jazz pianist and UNESCO Goodwill Ambassador Herbie Hancock.
➢ The musical form of Jazz was developed by African Americans.
➢ It was influenced by both European harmonic structure and African rhythms. It originated in the 19th and early 20th centuries.

5. Ayushman Bharat Diwas is observed every year on which date ______ 30th April.
Note:

➢ On that day in 2018 Ayushman Bharat Yojna was launched by Prime Minister Narendra Modi to provide healthcare benefits to crores of Indians who can't afford proper medical facilities.
➢ The flagship scheme of the Narendra Modi government was launched along the lines of a universal health coverage to meet one of the Sustainable Development Goals (SDGs) of the United Nations - "leave no one behind."
➢ The Ayushman Bharat Diwas 2021 Theme is “Seva Bhi – Rozgar Bhi“.

New Appointments

1. Who has been appointed as External Auditor of the Organisation for the Prohibition of Chemical Weapons (OPCW) for a three-year term starting 2021 ______ Girish Chandra Murmu.
Note:

➢ The appointment was made during an election process held at the OPCW Conference of State Parties held on April 21, 2021.
➢ India was also selected as a member of the Executive council of the OPCW representing the Asia group for another 2-year term.
➢ It is an intergovernmental organisation and Implementing body for the Chemical Weapons Convention, which entered into force on 29th April 1997.

2. Who has been appointed as the Managing Director and Chief Executive Officer of National Commodity & Derivatives Exchange Limited (NCDEX) for a term of five years  ______ Arun Raste.
Note:

➢ He succeeded Vijay Kumar.
➢ Arun Raste is currently working as an executive director in National Dairy Development Board (NDDB)
➢ He has also worked in organisations like IDFC First Bank, Kotak Mahindra Bank, NABARD, ACC Cement, and a nonprofit NGO IRFT.

3. Who became the first women to appointed as chairperson of the National Association of Software and Services Companies (NASSCOM) ______ Rekha M Menon.
Note:

➢ Accenture India’s chairperson, Rekha M Menon has been appointed as chairperson of the National Association of Software and Services Companies (NASSCOM), becoming the first woman to take the top role in the software lobby group’s 30-year history.
➢ She succeeds U B Pravin Rao, chief operating officer of Infosys as Nasscom’s chairperson. TCS President Krishnan Ramanujam will be the vice-chairperson.

4. Who has been appointed as the part-time chairman and additional independent director of the private sector lender HDFC Bank ______ Atanu Chakraborty.
Note:

➢ He retired as Secretary of the Department of Economic Affairs in April 2020. Prior to that, he served as Secretary of the Department of Investment and Public Asset Management (DIPAM).
➢ Chakraborty, a 1985 batch IAS officer of Gujarat cadre, has been appointed for a period of three years with effect from May 5, 2021 or the date of his taking charge, whichever is later.

5. Who has been appointed as the new finance secretary of India whose appointment has been approved by the Appointments Committee of the Cabinet ______ TV Somanathan.
Note:

➢ He is a 1987 batch IAS officer of Tamil Nadu cadre.
➢ The senior-most officer among all secretaries in the Finance Ministry is designated as the Finance Secretary.

6. Who has been appointed as the Chairman and Managing Director (CMD) of Bharat Earth Movers Limited, (BEML) ______ Amit Banerjee.
Note:

➢ The PESB announced on meeting held on April 26, 2021. Currently, he is serving as Director (Rail & Metro), BEML Limited.
➢ In his professional career spanning over three decades in BEML, Shri Banerjee has worked in R&D and manufacturing functions.

7. Name the Indian cricketers who has been appointed as the brand ambassador of Japanese Sportswear brand ASICS ______ Ravindra Jadeja.
Note:

➢ ASICS focuses on sporting gear for the running category.
➢ ASICS has been working with young and fresh athletic talent across various genres of sports.
➢ In India, ASICS is promoted by actor Tiger Shroff. In Asia, ASICS currently has over 55 stores across India, Sri Lanka and Bhutan.

8. Amitabh Chaudhry has been reappointed as Managing Director and CEO of which bank for three years with effect from January 1, 2022 ______ Axis Bank.
Note:

➢ The appointment will be subject to the approval of the Reserve Bank of India (RBI) and shareholders of the bank, the filing added.
➢ Chaudhry was appointed as Managing Director (MD) and CEO of Axis Bank for a period of three years, with effect from January 1, 2019 up to December 31, 2021.

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