Daily Current Affairs 21 April 2018 for Banking/Insurance/SSC and other related exams.
Adani Foundation inaugurates Project Utthan
Adani Foundation has partnered with ‘Room to Read’ to implement the project ‘Utthan’. The project was formally inaugurated on April 21, 2018, at Bhat Primary School, Bhat, Gandhinagar.
- This project aims at setting up of interactive libraries in 50 government schools, with an aim to develop the habit of reading among children of classes 1 to 5.
2% quota for sportspersons in govt. jobs in Telangana
In a major boost to sports infrastructure in Telangana, Chief Minister K Chandrashekhar Rao on Saturday announced 2 percent reservation in state government jobs for sportspersons.
- India ended their campaign at the Commonwealth Games with a medal haul of 66, including 26 gold, 20 silver and 20 bronze on April 15.
Death penalty for rapists of children below 12 years
The Centre on Saturday approved the ordinance to award death sentence to the rapists of children below the age of 12.
- Following a meeting of the Union Cabinet here, the government cleared the amendment in the Protection of Children from Sexual Offences (POCSO) Act.
Cabinet approves restructured Rashtriya Gram Swaraj Abhiyan (RGSA) scheme
The Cabinet Committee on Economic Affairs on Saturday approved a restructured Rashtriya Gram Swaraj Abhiyan (RGSA) scheme aimed at making rural local bodies self-sustainable, financially stable and more efficient.
- The Scheme will be implemented during the period from 01.04.2018 to 31.03.2022 at the total cost of Rs. 7255.50 crore with the Central Share of Rs. 4500 crore and that of State Share of Rs. 2755.50 crore.
Cabinet Approves Fugitive Economic Offenders Ordinance 2018
The Union Cabinet on Saturday approved a proposal for the promulgation of the Fugitive Economic Offenders Ordinance 2018 that seeks to confiscate properties and assets of economic offenders, like Nirav Modi, who flee the country to avoid facing criminal prosecution.
- The ordinance was approved at a Cabinet meeting chaired by Prime Minister Narendra Modi, the sources said. It will come into effect after the assent of the President.
- The provisions of the ordinance will apply for economic offenders who refuse to return, persons against whom an arrest warrant has been issued for a scheduled offence as well as wilful bank loan defaulters with outstanding of over Rs. 100 crore.
- A fugitive economic offender is one who has left the country to avoid facing prosecution, or refuses to return to face prosecution.
President of India receives the first copy of book “Adi Shankaracharya: Hinduism’s greatest thinker”
The President of India, Shri Ram Nath Kovind, received the first copy of the book “Adi Shankaracharya: Hinduism’s Greatest Thinker”, from the author Shri Pavan Varma, at Rashtrapati Bhavan today (April 21, 2018).
Dhvani se Sabd aur Chinh Exhibition inaugurated at NGMA, Mumbai
An exhibition titled “Dhvani se ŚabdaurChinh” was inaugurated at National Gallery of Modern Art, Mumbai on April 21, 2018.
- Curated by Adwaita Gadanayak and his team, the exhibition speaks about artists who practiced in Southern states as well as artists who were born there or had family trees and moved up North to become the greatest practitioners and pedagogues.
Commonwealth Countries Unanimously Agree to Take Action on Cybersecurity by 2020
The Commonwealth countries have unanimously agreed to take action on cybersecurity by 2020.
The landmark declaration was made at the end of Commonwealth Heads of Government meeting (CHOGM) in London where the leaders of 53 countries agreed to work closely to evaluate and strengthen their cybersecurity frameworks and response mechanisms.
BANKING & FINANCE
IOB inks information utility pact with NeSL
Indian Overseas Bank (IOB), one of the leading public sector banks, on Friday entered into an agreement for information utility services with the National E-Governance Services Limited (NeSL).
- The NeSL became India’s first information utility (IU) for bankruptcy cases under the ‘Insolvency and Bankruptcy Code (IBC) 2016’ in October 2017.
- With this agreement, the IOB branches will be able to provide high-quality, authenticated information about debts and defaults; which will have more transparency in maintaining the list of borrowers, debtors, creditors and loan defaulters.