NATIONAL
UPDATES
1. National Panchayati Raj Day - 24 April: 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.
INTERNATIONAL
NEWS
1. Russia Successfully Tests World's First
Floating Nuclear Power Plant: 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. Russia
Capital: Moscow, Currency: Russian ruble.
2. Israel to Name Town in Golan Heights after
Donald Trump: 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. Israel captured
the Golan from Syria in a 1967 war and annexed
it, in a move not recognized internationally.
3. Indonesia Releases Special Stamp On Theme
of Ramayana: Indonesia has released a special commemorative stamp on
the theme of Ramayana to mark the 70th anniversary of the
establishment of its diplomatic ties with India. The stamp is designed by
renowned Indonesian sculptor Padmashri Bapak Nyoman Nuarta, featured
a scene from Ramayana in which Jatayu valiantly fought to save Sita. Indonesia
Capital- Jakarta, Currency- Indonesian rupiah.
4. UAE's Hope Probe project bound for Mars is
85% complete: The UAE Space Agency and Mohammed bin Rashid Space
Centre (MBRSC) have announced that 85% of the Hope Probe project has been
completed. Currently undergoing intensive testing with less than 500 days are
remaining for the launch. The probe is scheduled to reach Mars by 2021,
coinciding with the 50th anniversary of the UAE’s formation. With a successful
launch, UAE hopes to become the first Arabic and Islamic country to make the
Mars Mission dream a reality.
OTHER
UPDATES:
BANKING
AND FINANCE
1. Government Raises Authorised Capital of
Allahabad Bank To Rs 8,000 Crore: 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. Allahabad
Bank MD and CEO: S. S. Mallikarjuna Rao, Headquarters: Kolkata.
2. Deposits in Jan Dhan Accounts Are Set to
Cross Rs 1 Lakh Crore Mark: 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
crores account holders have been issued the Rupay debit cards.
3. Uday Kumar Varma Resigns From Assocham
Secretary General Post: 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
Rawat who held the position for nearly 14 years.
APPOINTMENTS
1. Karnam Sekar appointed as IOB's new MD
& CEO: Karnam Sekar has been appointed as the new Managing
Director(MD) and CEO of Indian Overseas Bank. Mr Sekar (from July 1, 2019) will
take over from R Subramaniakumar. He was the MD & CEO of Dena
Bank till September 2018. Earlier he was the Deputy Managing
Director and Chief Credit Officer in State Bank of
India heading its highest Credit Committee.
AWARDS
1. Malayalam film ‘Bhayanakam’ wins best
cinematography award at Beijing International Film Festival: Malayalam film "Bhayanakam" (English: Fear)
has won the best cinematography award at the 2019 Beijing International Film
Festival in China. The cinematography was done by Nikihil S Praveen and
directed by Jayaraj. The film had also won the best cinematography
award at the 65th National Film Awards. The film portrays the visits of
first World War veteran to a small village in the backwaters of Kerala's
Kuttanand as a postman during the World War-II.
SPORTS
1. Bajrang Punia Wins Gold In Asian Wrestling Championship: World number one Bajrang Punia won gold at Asian Wrestling Championship in China's Xian. He defeated Kazakhstan's Sayatbek Okassov in a nail-biting 65kg men's freestyle final. It is Bajrang's second gold at this championship, having won one in 2017. Parveen Ranasecured a silver medal. Satywart Kadian picked a bronze medal defeating Haobin Gao of China.