Daily Current Affairs April 10

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April 10 | Daily Current Affairs 2024

Important Days – Daily Current Affairs April 10

1. When is World Homeopathy Day celebrated annually?
A) March 10
B) April 10
C) May 10
D) June 10
E) July 10
Answer: B) April 10

Event and Location:

  • Event: Celebration of World Homeopathy Day.
  • Location: Globally.

Mandates and Objectives:

World Homeopathy Day serves to:

  • Promote awareness about the principles and benefits of homeopathy.
  • Highlight the potential advantages of using homeopathic medicine.
  • Break orthodox ideologies and encourage the use of homeopathy as a viable medical option.
  • Foster a global platform for discussions on alternative medical systems.
  • Celebrate the contributions of homeopathic medicine to the healthcare sector.

Important Terms Explained:

  • Homeopathy: A system of alternative medicine based on the principle of treating “like with like”, utilizing highly diluted substances with the aim to trigger the body’s natural system of healing.
  • Dr. Samuel Hahnemann: The founder of homeopathy, known for his development of this alternative medical system based on the concept of dilution and “like cures like”.
  • World Homeopathy Day Organizing Committee: An international body formed to coordinate the global celebration of World Homeopathy Day.

Static GK Information:

Titbits

Dr. Samuel Hahnemann:

  • Born: April 10, 1755
  • Contribution: Founder of Homeopathy, introduced the concept of “like cures like” and the use of highly diluted substances for treatment.

World Homeopathy Day:

  • Established: In 1997 in India, with the World Homeopathic Day Organizing Committee formed in 2002.
  • Significance: Raises awareness and promotes the study and use of homeopathic medicine globally.

Tabular Summary:

Event Location Date Significance
World Homeopathy Day Celebration Globally April 10 annually To spread awareness about the principles and benefits of homeopathy, encourage the use of homeopathic medicine as a medical option, and commemorate the birth of Dr. Samuel Hahnemann, the founder of homeopathy.

 


2. When is National Safe Motherhood Day observed annually in India?
A) March 11
B) April 11
C) May 11
D) June 11
E) July 11
Answer: B) April 11

Event and Location:

  • Event: Observation of National Safe Motherhood Day in India.
  • Location: India.

Mandates and Objectives:

National Safe Motherhood Day aims to:

  • Raise awareness about the significant risks millions of women face during pregnancy and childbirth.
  • Serve as a call to action to ensure motherhood is safe and not associated with fear and loss.
  • Promote access to quality healthcare for every mother, emphasizing the need for skilled healthcare throughout pregnancy, childbirth, and the postpartum period.
  • Celebrate motherhood while striving to make pregnancy and childbirth a safe experience.

Important Terms Explained:

  • Maternal Mortality: The death of a woman during pregnancy or within 42 days of termination of pregnancy from any cause related to or aggravated by the pregnancy or its management, but not from accidental or incidental causes.
  • White Ribbon Alliance India (WRAI): A coalition advocating for maternal well-being and instrumental in establishing National Safe Motherhood Day.
  • Kasturba Gandhi: The wife of Mahatma Gandhi, whose birth anniversary is commemorated as National Safe Motherhood Day, symbolizing social justice and women’s empowerment.

Tabular Summary:

Event Location Date Significance
National Safe Motherhood Day India April 11 annually To raise awareness about the risks faced by women during pregnancy and childbirth, and to advocate for safe motherhood as a right and a necessity for all women in India.

3. When is CRPF’s Bravery Day observed annually?
A) March 9
B) April 9
C) May 9
D) June 9
E) July 9
Answer: B) April 9

Event and Location:

  • Event: 59th Bravery Day of the Central Reserve Police Force (CRPF).
  • Location: India.

Mandates and Objectives:

  • To honor the valor, courage, and sacrifice of CRPF personnel who have laid down their lives in the line of duty.
  • To recognize the crucial role played by the CRPF in maintaining national security and peace.
  • To foster a sense of national unity and solidarity by acknowledging the sacrifices made by the CRPF.
  • To inspire future generations with the exemplary service and dedication of CRPF personnel.

Important Terms Explained:

  • CRPF (Central Reserve Police Force): Established in 1939, it is one of the largest paramilitary forces globally, involved in maintaining internal security, combating insurgency, terrorism, riot control, and disaster management across India.
  • Bravery Day: An annual observance to pay tribute to the brave men and women of the CRPF who have made the ultimate sacrifice for the nation.

Static GK Information:

Titbits

CRPF:

  • Founded Year: 1939
  • Role: Maintaining internal security, combating insurgency and terrorism, riot control, and disaster management.
  • Headquarters: New Delhi, India

Tabular Summary:

Event Location Date Significance
59th Bravery Day of the CRPF India April 9, 2024 To commemorate the valor, sacrifice, and dedication of CRPF personnel in serving the nation, fostering national unity, and inspiring future generations.

 

Obituary – Daily Current Affairs April 10

3. Who was known for his powerful organizing and strategizing skills in the late M.G. Ramachandran’s cabinet and also had a brief association with Jayalalithaa before being expelled?
A) K. Rajaram
B) R.M. Veerappan
C) V.R. Nedunchezhiyan
D) O. Panneerselvam
E) C. Rajagopalachari
Answer: B) R.M. Veerappan

Event and Location:

  • Event: The passing of R.M. Veerappan, a key figure in Tamil Nadu politics and cinema.
  • Location: Chennai, Tamil Nadu, India.

Mandates and Objectives:

R.M. Veerappan’s Contributions:

  • Served as a Minister in the cabinets of M.G. Ramachandran (MGR) and briefly in Jayalalithaa’s cabinet before his expulsion.
  • Known for his role as a powerful organizer, strategist, and successful film producer, contributing significantly to the electoral success and image-building of MGR.

Important Terms Explained:

  • M.G. Ramachandran (MGR): A charismatic actor-turned-politician, founder of the AIADMK, and Chief Minister of Tamil Nadu.
  • Jayalalithaa: A prominent politician and former actress who succeeded MGR as the leader of the AIADMK and served as Chief Minister of Tamil Nadu multiple times.

Static GK Information:

Titbits

AIADMK (All India Anna Dravida Munnetra Kazhagam):

  • Founded Year: 1972
  • Founded By: M.G. Ramachandran
  • Headquarters: Royapettah, Chennai, Tamil Nadu, India

Tabular Summary:

Event Location Date Significance
Passing of R.M. Veerappan Chennai, Tamil Nadu, India April 9 Marks the end of an era for a political and cinematic stalwart who played a crucial role in shaping the AIADMK’s fortunes and the political landscape of Tamil Nadu through his organizing skills, strategic planning, and contributions to Tamil cinema.

Banking and Finance – Daily Current Affairs April 10

4. Which company has received authorization from the RBI to operate as an online payment aggregator?
A) Paytm
B) Razorpay
C) CAMS
D) Google Pay
E) Amazon Pay
Answer: C) CAMS

Event and Location:

  • Event: Computer Age Management Services Ltd (CAMS) receives authorization from the Reserve Bank of India (RBI) to operate as an online payment aggregator.
  • Location: The announcement was made through a company statement.

Mandates and Objectives:

  • CAMS’s Objective: To provide comprehensive payment solutions to a diverse portfolio of clients, including mutual funds, insurance companies, banks, and non-banking finance companies (NBFCs).
  • RBI’s Role: To regulate the operations of payment aggregators in India as per the issued guidelines to ensure secure and efficient digital payment services.

Important Terms Explained:

  • Online Payment Aggregator: A service provider that allows merchants to accept various payment methods, like credit cards and bank transfers, through a single channel, facilitating easier and secure online transactions for consumers.
  • UPI Autopay: A feature under the Unified Payments Interface (UPI) that allows customers to set up recurring payments for various services.

Static GK Information:

Titbits

Reserve Bank of India (RBI):

  • Founded Year: 1935
  • Role: India’s central banking institution, responsible for regulating the monetary policy of the Indian rupee as well as supervision of the financial sector including banks, finance companies, and payment aggregators.
  • Headquarters: Mumbai, India

Computer Age Management Services (CAMS):

  • Business Unit: CAMSPay
  • Industry Presence: 15 years in the payment solutions industry

Tabular Summary:

Event Date Significance
CAMS receives RBI authorization to operate as an online payment aggregator Authorization received in 2024, with an in-principle authorization in February 2023 Marks a significant development for CAMS, enhancing its capability to provide integrated payment solutions to its clients across various sectors, further strengthening the digital payments infrastructure in India.

Business and Economy – Daily Current Affairs April 10

5. Which organization has signed an MoU with Canara Bank to promote financial assistance to startups?
A) National Association of Software and Service Companies (NASSCOM)
B) Society for Innovation & Entrepreneurship (SINE), IIT Bombay
C) The Indus Entrepreneurs (TiE)
D) Indian Angel Network (IAN)
E) Confederation of Indian Industry (CII)
Answer: B) Society for Innovation & Entrepreneurship (SINE), IIT Bombay

Event and Location:

  • Event: Signing of the Memorandum of Understanding (MoU) between Canara Bank and SINE, IIT Bombay.
  • Location: SINE office, IIT Bombay campus.

Mandates and Objectives:

  • Canara Bank’s Canara Start-Up Scheme: To provide financial assistance for the establishment, promotion, and modernization of industrial units in India.
  • SINE’s Role: As a renowned technology business incubator, to offer full incubation and acceleration support to technology startups.
  • Collaboration Goals: To offer startups financial resources and experienced support, promoting their growth and success.

Important Terms Explained:

  • MoU (Memorandum of Understanding): A formal agreement between two or more parties to establish an official partnership.
  • Start-Up Cell: A dedicated infrastructure established by Canara Bank to meet the funding needs of startups, ensuring simplified and effective financial support.

Static GK Information:

Titbits

Canara Bank:

  • Founded Year: 1906
  • Headquarters: Bengaluru, Karnataka, India

IIT Bombay:

  • Founded Year: 1958
  • Location: Mumbai, Maharashtra, India
  • SINE: A technology business incubator associated with IIT Bombay.

Tabular Summary:

Event Location Date Chief Guest Significance
Signing of the MoU between Canara Bank and SINE, IIT Bombay SINE office, IIT Bombay campus April 3rd Dignitaries from Canara Bank and IIT Bombay To provide financial assistance and support to startups, fostering innovation and economic growth through a strategic partnership between a leading financial institution and a renowned technology business incubator.

Acquisitions and Mergers – Daily Current Affairs April 10

6. Which company has entered into an agreement to acquire a 60% stake in Invesco Asset Management India?
A) Reliance Industries
B) Tata Sons
C) IndusInd International Holdings
D) Mahindra Group
E) HDFC Bank
Answer: C) IndusInd International Holdings

Event and Location:

  • Event: IndusInd International Holdings (IIHL) acquires a 60% stake in Invesco Asset Management India (IAMI).
  • Location: The agreement and acquisition details were released in a joint press statement.

Mandates and Objectives:

  • IndusInd International Holdings (IIHL): To acquire a significant stake in IAMI and collaborate with Invesco, contributing its distribution network and expanding its footprint in the BFSI sector.
  • Invesco Asset Management India (IAMI): To continue its operations with the existing management team, leveraging Invesco’s global products and processes, and expanding its distribution to serve more domestic investors in India.

Important Terms Explained:

  • Asset Management Company (AMC): A firm that invests pooled funds from clients, putting the capital to work through different investments including stocks, bonds, real estate, master limited partnerships, and more.
  • Joint Venture (JV): A business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance.
  • Assets Under Management (AUM): The total market value of the investments that a person or entity manages on behalf of clients.

Static GK Information:

Titbits

IndusInd International Holdings (IIHL):

  • Founded: 1993 by late SP Hinduja.
  • Headquarters: Mauritius.

Invesco Asset Management India (IAMI):

  • Assets under management: ₹85,393 crore.
  • Presence: In 40 cities across India.

Tabular Summary:

Event Significance
IIHL acquires a 60% stake in IAMI Marks a significant partnership in the asset management industry between IIHL and Invesco, aiming to expand distribution and reach in the Indian mutual fund market, contributing towards transforming IIHL into a BFSI powerhouse.

Appointments – Daily Current Affairs April 10

7. Who became Ireland’s youngest ever prime minister?
A) Leo Varadkar
B) Michael D. Higgins
C) Simon Harris
D) Michael Martin
E) Mary Lou McDonald
Answer: C) Simon Harris

Event and Location:

  • Event: Simon Harris’s inauguration as Ireland’s youngest ever prime minister.
  • Location: Ireland.

Mandates and Objectives:

Simon Harris’s Priorities as Prime Minister:

  • To lead the government in the spirit of unity, collaboration, and mutual respect.
  • To bring new ideas, energy, and empathy to public life.
  • To address the housing and homelessness crises, criticism of government policy on asylum seekers, and to choose his cabinet of ministers.
  • To focus on building more homes, pursue a “more planned and sustainable” immigration policy, and fight against the dangers of populism.

Important Terms Explained:

  • Taoiseach: The prime minister of Ireland, a Gaelic word pronounced “tee-shock”.
  • Fine Gael: A centre-right political party in Ireland, part of the three-party governing coalition.
  • Sinn Féin: A left-wing, nationalist political party in Ireland, formerly associated with the IRA, leading in polls despite being outside the governing coalition.

Static GK Information:

Titbits

Ireland:

  • Currency: Euro (EUR)
  • Capital: Dublin
  • President: Michael D. Higgins

Tabular Summary:

Event Location Chief Guest Significance
Simon Harris’s inauguration as Ireland’s Prime Minister Ireland President Michael D. Higgins Simon Harris becomes Ireland’s youngest ever prime minister, pledging to address major issues such as housing, homelessness, and immigration policy, and to lead with unity, collaboration, and mutual respect.

Awards – Daily Current Affairs April 10

8. Which mission team has been honored with the 2024 John L. ‘Jack’ Swigert Jr. Award for Space Exploration?
A) Apollo 13
B) Chandrayaan-3
C) Mars Rover Perseverance
D) Artemis I
E) James Webb Space Telescope
Answer: B) Chandrayaan-3

Event and Location:

  • Event: Chandrayaan-3 mission team receiving the 2024 John L. ‘Jack’ Swigert Jr. Award for Space Exploration.
  • Location: Space Symposium, Colorado, USA.

Mandates and Objectives:

Chandrayaan-3 Mission:

  • To extend humanity’s space exploration aspirations by landing on the Moon’s South Pole, a feat not previously accomplished by any country.
  • To contribute to the global understanding of the Moon’s South Pole through exploration and scientific research.

Important Terms Explained:

  • Chandrayaan-3: India’s lunar exploration mission developed by the Indian Space Research Organisation (ISRO), marking India as the first country to land on the Moon’s South Pole.
  • John L. ‘Jack’ Swigert Jr. Award for Space Exploration: An award given for extraordinary accomplishments in the realm of space exploration and discovery, honoring the memory of astronaut Jack Swigert, known for his role in the Apollo 13 mission.
  • ISRO: Indian Space Research Organisation, the national space agency of India responsible for space research and exploration missions.

Static GK Information:

Titbits

ISRO:

  • Founded Year: 1969
  • Chairman: S. Somanath
  • Headquarters: Bengaluru, Karnataka, India

Tabular Summary:

Event Location Date Chief Guest Significance
Chandrayaan-3 mission team receiving the John L. ‘Jack’ Swigert Jr. Award Space Symposium, Colorado, USA Award ceremony held in April 2024 D C Manjunath, India’s Consul General in Houston Recognizing the Chandrayaan-3 mission’s remarkable achievement of landing on the Moon’s South Pole, and highlighting India’s leadership and pioneering work in space exploration.

National Affairs – Daily Current Affairs April 10

9. Which organization has Khanij Bidesh India Limited (KABIL) signed a Memorandum of Understanding (MoU) with for Technical & Knowledge cooperation for Critical Minerals?
A) National Aluminium Company Limited (NALCO)
B) Hindustan Copper Limited (HCL)
C) Mineral Exploration and Consultancy Limited (MECL)
D) Council of Scientific and Industrial Research – Institute of Minerals and Materials Technology (CSIR-IMMT)
E) Ministry of Mines, Government of India
Answer: D) Council of Scientific and Industrial Research – Institute of Minerals and Materials Technology (CSIR-IMMT)

Event and Location:

  • Event: Signing of the MoU between KABIL and CSIR-IMMT for Technical & Knowledge cooperation for Critical Minerals.
  • Location: NALCO Corporate Office, Bhubaneswar.

Mandates and Objectives:

  • KABIL: A JV company of three Indian PSUs (NALCO, HCL, and MECL) under the Ministry of Mines, Government of India. Its mandate includes identifying, exploring, acquiring, developing, mining, processing, and procuring critical and strategic minerals to ensure supply side assurance and mineral security of the nation for meeting domestic requirements and supporting the Make in India initiative.
  • CSIR-IMMT: To provide technical expertise and services to KABIL for projects related to mineral processing, beneficiation, metal extraction, design and analysis of metallurgical test work-plans, development and review of process flowsheets, and the selection of process technologies. Additionally, to undertake joint research and facilitate the exchange of scientific information.

Important Terms Explained:

  • Critical Minerals: Minerals essential for the economic and industrial development of a country, which may have a high risk of supply interruption.
  • Memorandum of Understanding (MoU): A formal agreement between two or more parties to establish official partnerships.
  • Beneficiation: The process of improving the economic value of the ore by removing the gangue minerals.
  • Metallurgical Test Work-Plans: Procedures and tests designed to evaluate the processing characteristics of ores and the viability of extracting valuable metals.

Static GK Information:

Titbits

NALCO:

  • Country Name: India
  • Founded Year: 1981
  • CEO/MD/Chairman: Shri Sridhar Patra
  • Headquarters: Bhubaneswar, Odisha, India

CSIR-IMMT:

  • Founded Year: 1964
  • Director: Dr. Ramanuj Narayan
  • Headquarters: Bhubaneswar, Odisha, India

KABIL:

  • CEO: Shri Sadashiv Samantaray
  • Headquarters: New Delhi, India
  • Partners: NALCO, HCL, MECL

Tabular Summary:

Event Location Chief Guest Significance
Signing of the MoU between KABIL and CSIR-IMMT NALCO Corporate Office, Bhubaneswar Shri Sridhar Patra, CMD, NALCO & Chairman, KABIL To ensure technical and knowledge cooperation for Critical Minerals between KABIL and CSIR-IMMT, supporting the exploration, development, and procurement of critical minerals in India.

10. Which organization has been designated as the Nodal Centre for ISRO’s ‘Space Science and Technology Awareness Training (START)‘ programme?
A) National Aeronautics and Space Administration (NASA)
B) European Space Agency (ESA)
C) Gujarat Council on Science and Technology (GUJCOST)
D) Indian Institute of Space Science and Technology (IIST)
E) Indian Institute of Technology (IIT)
Answer: C) Gujarat Council on Science and Technology (GUJCOST)

Event and Location:

  • Event: Designation of GUJCOST as the Nodal Centre for ISRO’s START programme.
  • Location: Gujarat, India.

Mandates and Objectives:

GUJCOST’s Role as Nodal Centre for START Programme:

  • To serve as the central hub for knowledge dissemination on space science and technology.
  • Hosting live classes and coordinating with Regional Science Centres across Gujarat to facilitate and amplify the programme’s reach.

START Programme Objectives:

  • To offer introductory-level online training on a vast spectrum of space science research areas, including planetary exploration, astronomy, heliophysics, atmospheric science, and microgravity research.
  • To ignite the curiosity and enhance the knowledge of aspiring scientists and engineers in the field of space science and technology.

Important Terms Explained:

  • START Programme: Space Science and Technology Awareness Training programme, an initiative by ISRO to promote space science education and training.
  • ISRO: Indian Space Research Organisation, India’s national space agency responsible for space research and exploration.
  • GUJCOST: Gujarat Council on Science and Technology, a state-level body in Gujarat, India, promoting science and technology education and research.

Static GK Information:

Titbits

ISRO:

  • Founded Year: 1969
  • Chairman: S. Somanath
  • Headquarters: Bengaluru, Karnataka, India

Gujarat:

  • Country Name: India
  • Currency: Indian Rupee (INR)
  • Capital: Gandhinagar

Tabular Summary:

Event Location Date Significance
Designation of GUJCOST as the Nodal Centre for ISRO’s START Programme Gujarat, India Officially announced on a Tuesday (exact date not specified) To facilitate the START programme aimed at offering online training in space science and technology to aspiring scientists and engineers, enhancing knowledge and igniting curiosity in the field.


Over All Review

Important Days

  • World Homoeopathy Day is observed annually on April 10.
  • National Safe Motherhood Day is observed on April 11.
  • The Central Reserve Police Force (CRPF) celebrates its Bravery Day or Valour Day on April 9.

Obituary

  • Pioneer of Dravidian movement, prominent film producer R M Veerappan dead.

Banking and Finance 

  • Computer Age Management Services Ltd has received authorization from the RBI to operate as an online payment aggregator.

Business And Economy

  • Society for Innovation & Entrepreneurship has signed an MoU with Canara Bank to promote financial assistance to startups.

Acquisitions and Mergers

  • IndusInd International Holdings has entered into an agreement to acquire a 60% stake in Invesco Asset Management India.

Appointments

  • Simon Harris became Ireland’s youngest ever prime minister.

Awards 

  • Chandrayaan-3 mission team has been honored with the 2024 John L. ‘Jack’ Swigert Jr. Award for Space Exploration.

National Affairs

  • Signing of the MoU between KABIL and CSIR-IMMT for Technical & Knowledge cooperation for Critical Minerals.
  • Designation of GUJCOST as the Nodal Centre for ISRO’s START programme.

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