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Top 10 Daily Current Affairs : 24 April 2019 24 April 2019
The government has increased the authorized capital for the State-owned Allahabad Bank stated by Rs 5,000 crore to Rs 8,000 crore. The central government after consultation with the Reserve Bank of India (RBI) increased the authorized capital of the bank.
The increase in authorized capital will help enable the bank to raise further fund up to a maximum ceiling of Rs 8,000 crore.
What is an Authorized Capital?
It is the maximum amount of share that a company is authorized to have by its... Read More
Manish Maheshwari, who previously served as the CEO of Network18 Digital, takes over the new role from April 29.
Prior to Network18, Maheshwari has worked with Flipkart, txtWeb, Intuit, McKinsey and P&G.
Manish will be responsible for driving an integrated business strategy to accelerate Twitter’s audience and revenue growth in the country, overseeing Twitter India’s teams in Delhi, Mumbai and Bengaluru.
He will be based in Delhi.
Manish will report to Maya Hari,... Read More
Israeli Prime Minister Benjamin Netanyahu has announced that he would name a new community in the Golan Heights after US President Donald Trump. President Trump has 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.
The... Read More
The total balance in the Jan Dhan accounts, which has been steadily rising, was at Rs 97,665.66 crore as on April 3, as per the latest government data.
The total number of Jan Dhan accounts have crossed 35.39 crore.
The deposits stood at Rs 96,107.35 crore on March 27 and Rs 95,382.14 crore in the week before.
More than 27.89 crore account holders have been issued the Rupay debit cards.
Pradhan Mantri Jan Dhan Yojana (PMJDY):
PMJDY was launched on August 28, 2014 with an aim to provide... Read More
NASA (The National Aeronautics and Space Administration) revealed that Mercury, the smallest planet in the solar system has a massive solid inner core.
The final trip around Mercury before crash-landing in 2015 was made by NASA’s ‘MESSENGER’. The spacecraft orbited Mercury for around 2011 to 2015 and it was its second mission to Mercury.
According to NASA’s information, both Mercury and the Earth have metallic cores and like Earth, Mercury’s outer core is of... Read More
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. Currently, Assocham’s Deputy Secretary-General Saurabh Sanyal is discharging the duties of secretary general.
♦ Founded: 1921
♦ Headquarter: New Delhi
♦ President: Balkrishan Goenka
Malawi, the African Nation, is to undertake large scale pilot tests for the world's most advanced experimental malaria vaccine in a bid to prevent the disease that kills hundreds of thousands across Africa and Asia every year. The RTS, S vaccine, the first to give partial protection to children, trains the immune system to attack the malaria parasite, which is spread by mosquitos.
RTS, S vaccine:
RTS, S vaccine under the trade name Mosquirix has been developed by GlaxoSmithKline, a... Read More
The Arab League has pledged $100 million per month to the Palestinian Authority (PA) to make up for funds withheld by Israel because of payments made to the families of Palestinian attackers and prisoners.
Palestinian President Mahmoud Abbas addressed the Arab League in Cairo, as part of a diplomatic effort to rebuff the Trump administration’s Middle East peace plan.
Israel collects taxes on behalf of the PA but withheld $138m in transfers in February over Palestinian payments to... Read More
Benny Antony, Joint Managing Director, the Kochi-based Arjuna Natural Ltd, has been conferred with the National Intellectual Property Award for 2019 in the category of Top Individual for Patents and Commercialization.
He is the inventor of BCM-95, the world’s leading patented turmeric extract formulation, with over 80 international patents to his credit.
Antony was also conferred with the ‘WIPO Medal for Inventors’ jointly by Intellectual Property Office India and the World... Read More
The Ministry of AYUSH signed MoU with the 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. The aim is to bring both Ministry of Ayush and CSIR together to pursue focused R&D efforts in the domain. Under the MoU, both organizations shall jointly endeavor to pursue:
R&D covering Fundamental research
AYUSH specific diagnostic tools, linking microbiome,... Read More
All India Radio, Publication Division and Children’s Film Society of India were given Swacchta Pakhwada Awards-2019 in New Delhi.
Secretary in the Information and Broadcasting Ministry Amit Khare gave away the awards.
Director General of All India Radio F. Sheheryar and Director General (News) Ms. Ira Joshi received the Award for All India Radio.
Press Council of India, Press Information Bureau and BECIL were also mentioned during the award ceremony for their efforts during the... Read More
The government extended the ban on import of milk and milk products (including chocolates, chocolate products, candies/ confectionary/ food preparations with milk or milk solids as an ingredient) from China.
The order follows food regulator FSSAI's recommendation that the ban should be extended till laboratories at ports are "suitably upgraded" for testing presence of toxic chemical melamine. Melamine is a toxic chemical used for making plastics and fertilisers.
The ban was... Read More
Bank of America Merrill Lynch (BofAML), the excess reserves that RBI holds could be up to Rs.3 lakh crore ($43 billion) or 1.5% of the GDP (Gross Domestic Product).
This also includes the excess capital in contingency reserves and revaluation reserves.
The Bimal Jalan committee on the appropriate capital reserves for RBI was likely to identify this excess buffer. The committee was set up in December-end with a 6-member panel headed by former RBI governor Jalan.
Indranil Sen Gupta, chief... Read More
The National Panchayati Raj Day is celebrated every year in India on 24th April. The Constitution of India recognizes Panchayats as 'Institutions of self-government'. This day marks the passing of Constitution (73rd Amendment) Act, 1992 that came into force with effect from 24 April 1993. The Amendment Act permits states to take steps to organize village panchayats and provide them with necessary powers and authority necessary to facilitate them to function as units of... Read More
A modern money lending platform named Money Loji launched an application which offers loan to salaried professionals within 5 minutes with flexible repayment options starting from 7 days to a maximum of 90 days.
It follows a three-step process which are an application, approval, and disbursement and the app requires the users to upload an identity proof, an address proof, last 3 months bank statement alongside the salary slips.
The eligibility criteria to avail this benefit are the minimum... Read More
The final of the Indian Premier League scheduled for May 12 has been moved to the Rajiv Gandhi International Stadium in Hyderabad from Chennai after the Tamil Nadu Cricket Association failed to acquire approval from the local government to reopen three stands at the M. Chinnaswamy Stadium.
The closure of stands I, J and K, with a combined capacity of 12,000, had robbed Chennai of matches during the 2016 Twenty20 World Cup.
The last time the stands had been opened was during the... Read More
The active volcano of Indonesia Mount Agung has erupted again to a height of 2km. Two other volcanoes popular with tourists Mount Bromo in East Java and Mount Merapi in Yogyakarta also continues to erupt.
Mount Agung is an active volcano in Bali of Indonesia. Mount Agung stratovolcano is the highest point on Bali; it dominates the surrounding area, influencing the climate, especially rainfall patterns. It begun erupting in 2017. Agung remained on the boil until late June... Read More
Federation of Indian Export Organisations (FIEO) inked an agreement with Mumbai-based Prin. L N Welingkar Institute of Management Development and Research in order to support startups engaged in the export sector.
Under the memorandum of understanding (MoU), FIEO launched a post graduate programme in foreign trade management (PGP-FTM) at Mumbai.
The main aim of this industry-academia partnership is to attract new entrepreneurs in exports to bridge the gap of availability of qualified skilled... Read More
World No.1 Bajrang Punia won India’s first gold medal in the 65 kg category at the Asian Wrestling Championships 2019 in Xi’an, China.
Bajrang defeated Sayatbek Okassov of Kazakhstan 12-7 in the final to bag the medal.
Meanwhile, Praveen Rana settled for silver and Satyavrat Kadian won bronze in 97 kg category.
Apart from these two, in the women’s event, India’s top wrestlers Vinesh Phogat, Sakshi Malik, Pooja Dhanda and Divya Kakran are also in contention.
Asian... Read More
Vikas Khanna, Michelin-star chef named as brand ambassador of Indo-American Arts Council (IAAC), a leading cultural organisation which will organise the annual New York Indian Film Festival (NYIFF) that would showcase the chef’s film ‘The Last Color‘ and Nawazuddin Siddiqui-starrer ‘Photograph’.
The New York Indian Film Festival is North America’s longest-running and most prestigious Indian film festival that would be organised from May 7 to 12,... Read More
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