Daily Current Affairs 11 April 2020 for Banking/Insurance/SSC and other related exams.
NATIONAL NEWS
Union HRD Minister launches ‘Bharat Padhe Online’ campaign to invite ideas to improve online education ecosystem
The Union Minister of Human Resource Development Ramesh Pokhriyal launched a week long ‘Bharat Padhe Online’ campaign for crowd sourcing of ideas for improving online education ecosystem of India.
- The aim of the campaign to invite all the best brains in the country to share suggestions/solutions directly with HRD Ministry to overcome constraints of online education.
BANKING & FINANCE
ADB assures $2.2 billion support package to India for battling COVID-19
Asian Development Bank (ADB) President Masatsugu Asakawa assured Finance Minister Nirmala Sitharaman of 2.2 billion dollars (about Rs 16,820 crore) support to India in its fight against novel coronavirus disease (COVID-19) pandemic.
- ADB assistance for India will be further increased if needed.
- ADB said it is also engaged with the private sector to meet its financing needs during this period.
Jana Small Finance Bank rolls out digital banking platform
Jana Small Finance Bank, a scheduled commercial bank, has launched DigiGen, a digital banking platform where customers can digitally open a savings account and fixed deposit instantly; any time, anywhere.
- DigiGen onboarding is a three-step process to open an account. True to its brand promise ‘paise ki kadar’, customers are eligible for 4.5 per cent interest rates on savings account with no minimum balance and up to 7.5 per cent interest on fixed deposits.
CPI inflation likely to ease from 4.8% in Q1 to 4.4% in Q2: RBI report
Consumer price index based inflation which stayed elevated in the last few months is expected to soften during the course of the financial year, the Reserve Bank of India said in its monetary policy report.
- CPI inflation is tentatively projected to ease from 4.8% in Q1:2020-21 to 4.4% in Q2, 2.7% in Q3 and 2.4% in Q4, with the caveat that in the prevailing high uncertainty, aggregate demand may weaken further than currently-anticipated and ease core inflation further, while supply bottlenecks could exacerbate pressures more than expected.
ACQUISITIONS & MERGERS
Apple acquires popular weather app Dark Sky
Apple acquired the popular weather app Dark Sky for an undisclosed amount. Dark Sky said no changes will be made to its iOS app, which costs $3.99.
- It will no longer be available to download for Android users. Service for Android subscribers will stay active until July 1, and then will shut down.
IndiGrid to acquire Gurgaon Palwal Transmission Limited for ₹1,080 crore
IndiGrid will acquire Gurgaon Palwal Transmission Limited (GPTL) for Rs 1,080 crore and plans to add solar energy projects going forward.
- The Board of the Investment Manager of IndiGrid, India’s first InvIT in the power sector, has approved the acquisition of GPTL from Sterlite Power, at a value of up to ₹1,080 crore
SCIENCE & TECHNOLOGY
Google launches braille keyboard for Android devices
Google has launched a new braille keyboard named TalkBack to simplify smartphone typing for those who are suffering from visual impairment.
- TalkBack braille keyboard is a new virtual braille keyboard integrated directly into Android.
- It is a fast, convenient way to type on your phone without any additional hardware, whether you are posting on social media, responding to a text, or writing a brief email.
OBITUARIES
Veteran Japanese director Nobuhiko Obayashi passes away
Nobuhiko Obayashi, one of Japan’s prolific filmmaker died due to lung cancer at the age of 82.
- The filmmaker had a boasting career with nearly 3,000 TV commercials under his belt.His first feature debut was a horror-fantasy ‘House’ in 1977 that received much appreciation in Japan as well as abroad.
- The late filmmaker is widely popular for his trilogy of films he shot in Onomichi: ‘Exchange Students’ in 1982, ‘The Girl Who Leapt Through Time’ in 1983 and ‘Lonely Heart’ in 1985.
Padma Shri classical singer Shanti Hiranand passes away at 87
Renowned Hindustani classical singer and Padma Shri awardee Shanti Hiranand Chawla passed away at a Gurgaon hospital early. She was 87.
- The singer was trained in thumri, dadra and ghazal singing by Begum Akhtar, and was world renowned for keeping the legendary ghazal singer’s style alive in her performances, which she staged all across the world, including Lahore, Islamabad, Toronto, Boston, New York, and Washington.
- To commemorate her relationship with Akhtar, Chawla, in 2005, penned a book, “Begum Akhtar: The Story of My Ammi”
Former MP minister Hazarilal Raghuvanshi passes away
Senior Congress leader and former Madhya Pradesh minister Hazarilal Raghuwanshi died following a prolonged illness. He was 93.
- A native of Seoni Malwa town in Hoshangabad district, Raghuwanshi was a five-time MLA from the Assembly constituency and also served as a minister in various Congress-led governments in the state.
- The senior leader was elected as an MLA for the first time in 1977 and he also served as a deputy speaker in the state Assembly from 2003-2008.
IMPORTANT DAYS
World Homeopathy Day
The world homeopathy day is celebrated each year on April 10. This day is celebrated to honor the birth of the father of the Homeopathy system of medicines Dr. Samuel Hahnemann.
- World Homeopathy Day is celebrated to understand the challenges and future strategies to develop homoeopathy. The day aims at spreading awareness about homoeopathy as a form of medicine and work towards improving its success rate.
National Safe Motherhood Day
National Safe Motherhood Day (NSMD) is observed annually on 11 April to raise awareness about the proper healthcare of women and maternity facilities to pregnant and lactating women.
- This day also focuses on reducing anaemia among women, institutional delivery, for better pre and postnatal health care etc.
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In these days of austerity in addition to relative anxiousness about incurring debt, many people balk contrary to the idea of employing a credit card to make purchase of merchandise or even pay for any gift giving occasion, preferring, instead to rely on the actual tried in addition to trusted way of making repayment – raw cash. However, if you possess the cash on hand to make the purchase entirely, then, paradoxically, this is the best time for them to use the cards for several factors.
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One other important issue is that if you are an older person, travel insurance for pensioners is something you ought to really consider. The elderly you are, the more at risk you happen to be for permitting something terrible happen to you while abroad. If you are not necessarily covered by many comprehensive insurance, you could have a number of serious complications. Thanks for expressing your good tips on this web blog.
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Thanks for the recommendations you have discussed here. Another thing I would like to convey is that pc memory requirements generally go up along with other breakthroughs in the technological innovation. For instance, as soon as new generations of processors are introduced to the market, there is certainly usually an equivalent increase in the shape demands of both the laptop or computer memory as well as hard drive room. This is because the application operated by these cpus will inevitably surge in power to take advantage of the new technological know-how.
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I have observed that of all types of insurance, medical insurance is the most marked by controversy because of the discord between the insurance policies company’s necessity to remain afloat and the buyer’s need to have insurance policies. Insurance companies’ income on health plans are certainly low, consequently some organizations struggle to make a profit. Thanks for the strategies you share through this web site.
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Thanks for your tips on this blog. Just one thing I would choose to say is the fact that purchasing electronics items from the Internet is certainly not new. The truth is, in the past ten years alone, the marketplace for online electronic products has grown a great deal. Today, you can find practically any kind of electronic unit and tools on the Internet, ranging from cameras and camcorders to computer pieces and gaming consoles.
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I have noticed that credit repair activity has to be conducted with techniques. If not, chances are you’ll find yourself endangering your position. In order to grow into success fixing your credit rating you have to ascertain that from this second you pay your entire monthly expenses promptly in advance of their appointed date. It really is significant given that by not really accomplishing that, all other actions that you will decide to use to improve your credit rating will not be useful. Thanks for revealing your ideas.
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