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Daily Current Affairs April 05: Check Here

Daily Current Affairs April 05

Dear Champions, as you all know that a lot of competitive exams have been notified consequently. Candidates have to prepare themselves according to the level of competition and expectation of the Recruitment board. Regarding that one of the most important topic is Daily Current Affairs April 05. Current Affairs in the form of contemporary events of national & international play a crucial role in almost every competitive exams like Banking, Insurance, SSC, UPSC, TNPSC, Railway etc.

Current affairs are the most dynamic yet scoring among all sections and need to be prepared from the right source. Here, we cafunsta team, providing  Daily GK Updates, Current Affairs Questions, and Monthly  current affairs pdf.

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April 05| Daily Current Affairs 2023

Important Days – Daily Current Affairs April 05

1. National Maritime Day is celebrated on April 5 across the country. This year in which edition?
A)60th
B)28th
C)78th
D)47th
E)70th
Answer: A)60th

  • National Maritime Day is celebrated on April 5 across the country to commemorate the sailing of the first Indian commercial vessel, SS Loyalty.

History:

  • The Ministry of Ports, Shipping and Waterways started this day in 1964. This year will mark the 60th National Maritime Day.
  • Theme: Amrit Kaal in Shipping

Maritime India Vision 2030:

  • Prime Minister Narendra Modi announced the ‘Maritime India Vision 2030’ in November 2020 at the Maritime India Summit. It is a 10-year blueprint for the development of the Indian maritime sector.
  • The vision seeks to improve India’s waterways, support the shipbuilding sector, and promote cruise tourism. The Sagarmala project, which was introduced in 2015, will be replaced by it.

INTERNATIONAL DAY OF CONSCIENCE

  • International Conscience Day is celebrated on April 5 to promote peace.

History:

  • A global campaign for the Declaration of International Day of Conscience was launched at the United Nations, New York on February 5, 2019 by the Federation of World Peace and Love (FOWPAL).
  • The Kingdom of Bahrain had submitted a draft resolution titled “Promoting the Culture of Peace with Love and Conscience.”
  • The United Nations General Assembly (UNGA) in its 73rd session, on July 25, 2019, adopted that draft resolution and declared April 5 as the International Day of Conscience.

Sports – Daily Current Affairs April 05

2. In below option, Who has not been inducted with the Marylebone Cricket Club’s (MCC) honorary life membership?
A) MS Dhoni
B) Yuvraj Singh
C) Virat Kholi
D) Suresh Raina
E) Mithali Raj
Answer: C) Virat Kholi

  • The prestigious Marylebone Cricket Club (MCC) housed at the iconic Lord’s cricket ground, , gave ‘Life Membership’ to World Cup winning captain Mahendra Singh Dhoni along with four other distinguished India internationals. The other include, Yuvraj Singh, Suresh Raina, former women’s national captain Mithali Raj and the legendary Jhulan Goswami.
  • The MCC announced naming 19 new honorary life members who represented eight Test-playing countries
  • The club’s cricket committee considers the nomination of players for life membership as recognition to the ‘outstanding international careers for some of the greats of the game’.
  • The membership is also given to those individuals who have made an ‘exceptional contribution’ to the club or the sport.

Obituary – Daily Current Affairs April 05

3. Former great and India cricketer Sudhir Naik passed away. He belonged to which state?
A) Tamil Nadu
B) Rajasthan
C) Maharashtra
D) Indonesia
E) Madhya Pradesh
Answer: C) Maharashtra

  • Former Mumbai great and India cricketer Sudhir Naik passed away at a Mumbai hospital due to complications arising from a fall he suffered a few days back at his residence.
  • He played in three Test matches and two One Day Internationals in 1974 in the Indian cricket team.
  • A courageous right-hand opening batsman, Sudhir Naik went as one of the candidates for the opening batsman’s slot on the 1974 tour of England.
  • Besides playing for India, he also captained Bombay in the Ranji Trophy for several years.
  • He served Mumbai cricket for a longer period, leading a depleted side to an unexpected Ranji Trophy title in 1970-71.
  • After his retirement in 1977-78, Naik groomed an array of First Class and international cricketers at the National Cricket Club. His most famous proteges include the likes of Zaheer Khan, Wasim Jaffer and Nilesh Kulkarni.
  • He was the chief curator of the Wankhede Stadium since 2005 and prepared the pitch for the final of the 2011 World Cup at Wankhede which India won by beating Sri Lanka.
  • He was also West Zone In-charge of BCCI’s Ground and Pitch Committee for many years
  • He made his debut in the third Test of the 1974 tour of England at Edgbaston, scoring a gritty 77 in a losing cause in the second innings.

Ranking – Daily Current Affairs April 05

4. In below option, which is correct in related to the world’s 10 busiest airports in the world for 2022?
1) The Report released by Airports Council International (ACI).
2) 9th rank – Delhi’s Indira Gandhi International Airport
3) 1st rank – Hartsfield-Jackson Atlanta International Airport
A) Only 1
B) Only 2
C) Only 3
D) Only 1 & 2
E) All of these
Answer: E) All of these

  • Report Released by: Airports Council International (ACI).
  • Delhi International Airport Ltd (DIAL) is the only airport to figure in the top 10 list from South and South East Asia.
  • Delhi airport has bettered its ranking from 13th in 2021 and 17th in 2019.
Rank Airport Country Previous rank
1 Hartsfield-Jackson Atlanta International Airport USA 1
2 Dallas Fort Worth Airport USA 2
3 Denver Airport USA 3
4 Chicago O’Hare Airport USA 4
5 Dubai Airport UAE 27
9 Delhi International Airport India 13

5. In below option, which is correct pair related to rank of the Forbes’ 37th annual World’s Billionaires List 2023?
1) Mukesh Ambani – 9th
2) Gautam Adani – 24th
3) Shiv Nadar – 55th
A) Only 1
B) Only 2
C) Only 3
D) Only 1 & 2
E) All of these
Answer: E) All of these

Person Company India’s Rank Global Rank
Mukesh Ambani Reliance Industries 1 9
Gautam Adani Adani Group 2 24
Shiv Nadar HCL Technologies 3 55
  • While Forbes’ global count of billionaires slipped from 2,668 last year to 2,640 in 2023, the tally in India improved from 166 in 2022 to 169 this year
  • According to Forbes, the United States still boasts the most billionaires, with 735 list members worth a collective USD 4.5 trillion.
  • China (including Hong Kong and Macau) remains second, with 562 billionaires worth USD 2 trillion, followed by India, with 169 billionaires worth USD 675 billion

Banking and Finance – Daily Current Affairs April  05

6. Which bank has tied up with Cholamandalam MS General Insurance to offer the latter’s health and general insurance products to the bank’s customers?
A) South Indian Bank
B) IndusInd Bank
C) Bank of India
D) Bank of Baroda
E) IDBI Bank
Answer: A) South Indian Bank

  • South Indian Bank Ltd. has tied up with Cholamandalam MS General Insurance (Chola MS) to offer the latter’s health and general insurance products to the bank’s customers.
  • This partnership would enable customers of South Indian Bank access the diverse range of insurance products offered by Chola MS thus fulfilling their need for protection against damage/loss.
  • The key product offerings include: personal accident cover, home and property insurance, farmer care, EMI insurance, home package and retail health
Titbits

South Indian Bank:

Hq: Thrissur, Kerala
CEO : Murali Ramakrishnan
Tagline: Experience Next Generation Banking

Cholamandalam MS General Insurance:

Chairman– MM Murugappan
Managing Director– V Suryanarayanan
HeadOffice – Chennai, Tamil Nadu


7. The Reserve Bank of India (RBI) will conduct a 14-day VRR auction on March 10 to inject up to 1 trillion rupees ($12.19 billion) into the banking system. What is the expansion of VRR?
A) Value Rate Repo
B)Variable Rate Repo
C) Viable Rate Repo
D) Virtual Rate Repo
E) Void Rate Repo
Answer: B) Variable Rate Repo

  • The Reserve Bank of India (RBI) will conduct a 14-day variable rate repo (VRR) auction on March 10 to inject up to 1 trillion rupees ($12.19 billion) into the banking system.
  • This will be only the second VRR auction conducted by the RBI since February 2020. The previous VRR auction was conducted on Feb 10 for Rs 50,000 crore.
  • The liquidity deficit in the banking system had widened to over Rs 70,000 crore in February, with the daily average liquidity also slipping into deficit on a monthly basis for the first time since May 2019.
  • Although liquidity, on a daily basis, was a surplus of around Rs 25,000 crore on March 8, it is expected to dip into a deficit in the coming weeks due to payments for goods and services tax (GST) among others.
  • The VRRR is usually undertaken to withdraw excess liquidity from the banking system.
    Presently, the liquidity in the banking system is estimated to be in surplus of around Rs 2.12 lakh crore.

8. Which two companies have recently signed a partnership agreement for co-sourcing of car loan leads?
A) Mahindra & Mahindra Financial Services Limited and State Bank of India (SBI)
B) Bank of Baroda (BOB) and Tata Motors Finance Limited
C) Mahindra & Mahindra Financial Services Limited and HDFC Bank
D) Bank of Baroda (BOB) and Mahindra & Mahindra Financial Services Limited
E) Tata Motors Finance Limited and HDFC Bank
Answer: D) Bank of Baroda (BOB) and Mahindra & Mahindra Financial Services Limited

  • Mahindra & Mahindra Financial Services Limited and Bank of Baroda (BOB) have announced the signing of a partnership agreement for co-sourcing of car loan leads.
  • Under this tie-up, Mahindra Finance will generate new and pre-owned car loan leads for Bank of Baroda through its widespread field and branch distribution channels, complemented by Bank of Baroda’s wide network across the country for loan processing.
  • The tie-up comes into effect from April 1, 2023 with pan-India coverage
Titbits

Mahindra & Mahindra Financial Services Limited:

Headquarters: Mumbai
Vice Chairman & President: Ramesh Iyer

Bank of Baroda:

Hq: Vadodara, Gujarat
MD and CEO : Sanjiv Chadha
Tagline : India’s International Bank


9. Kotak Mahindra General Insurance has partnered with which company to offer bite-sized insurance products to new-age Micro, Small and Medium Enterprises (MSME) companies?
A) Amazon India
B) Paytm
C) actyv.ai
D) Google Pay
E) PhonePe
Answer: C) actyv.ai

  • Kotak Mahindra General Insurance announced its collaboration with actyv.ai to deliver insurance products in smaller quantities to Micro, Small and Medium Enterprises (MSME) that are part of the new-age business sector.
  • Using actyv.ai’s AI-powered platform, Kotak General Insurance will offer insurance options that can help sustain small businesses.
  • This partnership will utilize actyv.ai’s technology stack and Kotak General Insurance’s personalized insurance products to introduce inventive insurance solutions to the enterprise and around 100,000 supply chain partner ecosystems, allowing them to concentrate on increasing their business without worrying about business risks.
Titbits

Kotak Mahindra General Insurance:

Hq: Mumbai, Maharashtra
MD & CEO :Suresh Agarwal

actyv.ai:

Headquarters: Bengaluru, Karnataka
Founder and CEO: Raghu Subramanian


International Affairs – Daily Current Affairs April 05

10. India has been elected to the UN Statistical Commission for a four-year period. The Statistical Commission consists of how many member countries of the United Nations?
A)24
B)21
C)27
D)25
E)23
Answer: A)24

  • In a significant victory, India has been elected to the UN Statistical Commission for a four-year period in a “competitive” election.
  • A second candidate is yet to be decided between South Korea and China and the balloting process will resume later in the day for electing the remaining Asia Pacific States member
  • India secured an overwhelming 46 out of 53 votes
  • India was elected by secret ballot while Argentina, Sierra Leone, Slovenia, Ukraine, the United Republic of Tanzania and the United States of America were elected by acclamation for a four-year term of office beginning January 1, 2024.
  • The current members from the Asia-Pacific States are Japan (2024), Samoa (2024) as well as Kuwait and Republic of Korea, whose terms are ending this year.

United Nations Statistical Commission:

  • The United Nations Statistical Commission, established in 1947, is the highest body of the global statistical system bringing together the Chief Statisticians from member states from around the world.
  • The Commission consists of 24 member countries of the United Nations elected by the United Nations Economic and Social Council on the basis of an equitable geographical distribution.
  • Five members are from African States, four from Asia-Pacific States, four from Eastern European States, four from Latin American and Caribbean States and seven members from Western European and other States
Titbits

The United Nations Statistical Commission:

Founded: 1947
Chair: Shigeru Kawasaki (Japan)
Headquarters: New York, New York, United States


National Affairs – Daily Current Affairs April 05

11. The Stand-up India Schemecompleted its seven years on April 5. In below option, which is not correct in related to The Stand-up India Scheme?
1) It launched in 2016
2) Bank loans between Rs 10 lakh and Rs 1 crore
3) It has been extended till 2025
A) Only 1
B) Only 2
C) Only 3
D) Only 1 & 2
E) All of these
Answer: E) All of these

  • To promote entrepreneurship at the grass root level, banks have sanctioned more than Rs 40,700 crore to over 1.80 lakh beneficiaries under Stand-Up India Scheme in seven years
  • The Stand-up India Scheme, launched in 2016 to promote entrepreneurship at the grassroot level, focuses on economic empowerment and job creation, primarily for women entrepreneurs.
  • The scheme completed its seven years on April 5, but it has been extended till 2025, sources from the Ministry confirmed.
  • The objective of the Stand-Up India Scheme was to ensure that women entrepreneurs, and people from scheduled castes and scheduled tribes can avail bank loans between Rs 10 lakh and Rs 1 crore.
  • Apart from linking prospective borrowers to banks for loans, the online portal standupmitra.in developed by Small Industries Development Bank of India (SIDBI) for Stand Up India Scheme is also providing guidance to prospective entrepreneurs in their endeavour to set up business enterprises

12. In below option, which is not correct pair in related to get GI tag recently?
1) Mircha’ rice – Bihar’s West Champaran
2) Banarasi Paan – Varanasi, Uttar Pradesh
3) langda mango – Indore, Madhya Pradesh
A) Only 1
B) Only 2
C) Only 3
D) Only 1 & 2
E) All of these
Answer: C) Only 3

  • The Benarasi Paan was awarded the GI tag. The Benarasi Paan is famous for its delicious taste and make which involves several ingredients
  • Further, Banarasi Langda Mango, Ramnagar Bhanta (Brinjal), and Adamchini Rice also received the GI tag for the riverine city in the Bhojpur-Purvanchal region of India.
  • With this addition, a total of 22 GI-tagged products belong to the Kashi region
    Also, Mircha’ rice of Bihar’s West Champaran has been awarded the GI tag. The size and shape of the grain appear like that of black pepper, hence it is known as Mircha or Marcha Rice.
  • The GI tag refers to the fact that products from a particular region have qualities that are unique to that region
Titbits

Uttar Pradesh:

Capital : Lucknow
CM : Yogi Adityanath
Governor : Anandiben Patel

Bihar:

Capital : Patna
CM : Nitish Kumar
Governor : Rajendra Vishwanath Arlekar


13. Which ministry has recently partnered with Amazon India in the field of Media, Entertainment and Public Awareness?
A) Ministry of Home Affairs
B) Ministry of Education
C) Ministry of Information and Broadcasting
D) Ministry of Health and Family Welfare
E) Ministry of Finance
Answer: C) Ministry of Information and Broadcasting

  • Union Minister of Information & Broadcasting Shri Anurag Thakur announced a partnership between the Ministry of Information & Broadcasting and Amazon India in the field of media, entertainment and public awareness.
  • The LoE was signed at The National Media Centre here in presence of I&B Minister Anurag Thakur; Chetan Krishnaswamy, Vice President, Public Policy at Amazon India; and Gaurav Gandhi, Vice President, Asia Pacific, Prime Video
  • The Letter of Engagement (LoE) leads to a multidimensional partnership between the various organizations under the Ministry and various verticals of Amazon.
  • These include National Film Development Corporation (NFDC), Prasar Bharati, Publications Division, and the media training institutions of Film & Television Institute of India (FTII) and Satyajit Ray Film and Television Institute (SRFTI) on the Government’s side. On Amazon’s side, the LoE involves participation of Amazon Prime Video, Alexa, Amazon Music, Amazon e-marketplace, and IMDb.
Titbits

Information and Broadcasting; and Youth Affairs and Sports:

Minister: Shri Anurag Singh Thakur
Constituency: Hamirpur, Himachal Pradesh

Amazon India:

Head: Mr. Amit Agarwal


14. The Union government announced a plan to add 250 GW of renewable energy capacity in the next five years to achieve its target of 500 GW of clean energy by which year?
A) 2040
B) 2030
C) 2050
D) 2060
E) 2070
Answer: B) 2030

  • The Union government announced a plan to add 250 GW of renewable energy capacity in the next five years to achieve its target of 500 GW of clean energy by 2030.
  • These annual bids of ISTS (Inter-State Transmission) connected renewable energy capacity will also include setting up of wind power capacity of at least 10 GW per annum.
  • The plan finalised by the Ministry of New & Renewable Energy (MNRE) at a meeting chaired by Union Minister for Power & New and Renewable Energy R K Singh is in accordance with the Prime Minister’s announcement at COP26 of achieving 500 GW of installed electricity capacity from non-fossil fuel (Renewable Energy + Nuclear) sources by 2030.
  • India currently has a total renewable energy capacity of 168.96 GW (as of 28th February 2023) with about 82 GW at various stages of implementation and about 41 GW under tendering stage.
  • This includes 64.38 GW of solar power, 51.79 GW of hydro Power, 42.02 GW of wind power and 10.77 GW of biopower.

15. In below option, which statement is correct in related to meeting with other countries?
1) 4th Joint Defence Cooperation Committee meeting between India & Philippines takes place in New Delhi
2) 1st Ministerial-Level Meeting of India – Netherlands Joint Working Group Held In New Delhi
3) The 7th India-Japan Defence Policy Dialogue held in New Delhi
A) Only 1
B) Only 2
C) Only 3
D) Only 1 & 2
E) All of these
Answer: E) All of these

The 7th India-Japan Defence Policy Dialogue held in New Delhi

  • The 7th India-Japan Defence Policy Dialogue was held in New Delhi. During the meeting, a wide range of issues, including Service-level exercises and engagements, regional security issues and cooperation in defence equipment and technology were discussed.
  • It was co-chaired by Defence Secretary Giridhar Aramane and Vice Minister of Defence for International Affairs Oka Masami.
  • The Defence Policy Dialogue is an institutionalised mechanism between India and Japan to discuss bilateral defence cooperation

1st Ministerial-Level Meeting of India – Netherlands Joint Working Group Held In New Delhi

  • The 1st Ministerial-level meeting of the Joint Working Group between India and the Netherlands was held in New Delhi in the august presence of the Union Minister for Jal Shakti Mr. Gajendra Singh Shekhawat and the Minister of Infrastructure and Water Management, Government of Netherlands, Mr. Mark Harbers.
  • In April 2021 during a virtual meeting between the Prime Ministers of India and the Netherlands ‘Strategic Water Partnership’ was launched. On 29th March 2022, the ‘Strategic Water Partnership’ was signed by Mr. Gajendra Singh Shekhawat, Union Minister for Jal Shakti and Mr. Mark Harbers, Minister of Infrastructure and Water Management.
  • The Partnership provides the necessary impetus to expand the bilateral water cooperation and is a joint effort of Indian and Netherlands Governments, recognizing the importance of Sustainable Development Goals, water safety, water availability and water quality for wellbeing and sustainable development of the present and future generations

4th Joint Defence Cooperation Committee meeting between India & Philippines takes place in New Delhi

  • The 4th Joint Defence Cooperation Committee meeting between India and the Philippines was held in New Delhi.
  • The Indian delegation was led by Joint Secretary in Ministry of Defence Amitabh Prasad, while the Philippines delegation was headed by Assistant Secretary for Strategic Assessments and International Affairs, Department of National Defence Pablo M Lorenzo
    both sides agreed to initiate measures to enhance cooperation in Defence Industry and Technology domain and look forward to greater synergy in effectively deepening bilateral cooperative engagements across the spectrum.
Titbits

Japan:

Capital : Tokyo
Currency : Japanese Yen
Prime Minister: Fumio Kishida

The Netherlands:

Capital: Amsterdam
Currency: Euro
Prime Minister: Mark Rutte

Philippines:

Capital: Manila
Currency :Philippine peso
President: Bongbong Marcos


16. What is the theme of the first-ever Global Buddhist Summit (GBS) to be held in New Delhi?
A) The Role of Buddhism in Modern Society
B) The Evolution of Buddhist Philosophy
C) Buddhism and its Historical Significance
D) Responses to Contemporary Challenges from Philosophy to Praxis
E) Buddhist Practices for Inner Peace and Harmony
Answer: D) Responses to Contemporary Challenges from Philosophy to Praxis

  • India will organise the first-ever Global Buddhist Summit (GBS) in New Delhi to address contemporary global challenges. The aim of this conference is to focus on the Buddhist response to deal with the most pressing challenges the world is facing.
  • The International Buddhist Confederation (IBC), which is part of the Ministry of Culture, will be hosting the First Global Buddhist Summit at the Ashok Hotel, in New Delhi on April 20 and 21.
  • The theme of the summit is ‘Responses to Contemporary Challenges from Philosophy to Praxis.’

17. Which Indian state has signed an MoU with the United Nations Development Programme (UNDP) to strengthen its health system?
A) Tamil Nadu
B) Assam
C) Maharashtra
D) Kerala
E) Karnataka
Answer: B) Assam

  • To provide technical support to Assam for strengthening the health system of the state, a Memorandum of Association (MoA) was signed between the National Health Mission of Assam and the United Nations Development Programme (UNDP) at the Office of the Mission Director in Guwahati.
  • Dr M S Lakshmi Priya, Mission Director, NHM Assam signed the MoA with Abhimanyu Saxena (OIC), Health System Strengthening-UNDP in the presence of Kamaljit Talukdar, Director of Health Services (FW), Pankaj Chamuah, OSD NHM Assam and Dr Sukamal Basumatary, State Programme Officer – UNDP, Assam
Titbits

Assam:

Capital : Dispur
CM : Himanta Biswa Sarma
Governor : Shri Gulab Chand Kataria

UNDP:

Expansion: United Nations Development Programme
Establishment : 1965
Administrator : Achim Steiner
Headquarters: New York, United States of America



Over All Review

Important Days

  • April 5 – 60th National Maritime Day, International Conscience Day.

Sports 

  • Mahendra Singh Dhoni,, Yuvraj Singh, Suresh Raina, Mithali Raj and Jhulan Goswami – get MCC life membership.

Obituary

  • Former Mumbai great and India cricketer Sudhir Naik passed away.

Ranking 

  • Delhi airport emerges as the world’s 9th busiest airport in 2022: ACI.
  • Mukesh Ambani ranks 9th in Forbes World’s Billionaires List 2023, highest in Asia.

Banking and Finance 

  • South Indian Bank Ltd. has tied up with Cholamandalam MS General Insurance (Chola MS) to offer the latter’s health and general insurance products to the bank’s customers.
  • The Reserve Bank of India (RBI) will conduct a 14-day VRR auction on March 10 to inject up to 1 trillion rupees ($12.19 billion) into the banking system.
  • Mahindra & Mahindra Financial Services Limited and Bank of Baroda (BOB) have announced the signing of a partnership agreement for co-sourcing of car loan leads.
  • Kotak Mahindra General Insurance announced its collaboration with actyv.ai to deliver insurance products in smaller quantities to MSME that are part of the new-age business sector.

International Affairs

  • India has been elected to the UN Statistical Commission for a four-year period.

National Affairs

  • To promote entrepreneurship at the grass root level, banks have sanctioned more than Rs 40,700 crore to over 1.80 lakh beneficiaries under Stand-Up India Scheme in seven years.
  • The Benarasi Paan was awarded the GI tag.
  • Ministry of I&B inks partnership with Amazon India in the field of Media, Entertainment and Public Awareness.
  • The Union government announced a plan to add 250 GW of renewable energy capacity in the next five years.
  • The 7th India-Japan Defence Policy Dialogue held in New Delhi, 1st Ministerial-Level Meeting of India – Netherlands Joint Working Group Held In New Delhi, 4th Joint Defence Cooperation Committee meeting between India & Philippines takes place in New Delhi.
  • India will organise the first-ever Global Buddhist Summit (GBS) in New Delhi.
  • Assam signs MoU with UNDP to “strengthen” health system.

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