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 2022

Important Days – Daily Current Affairs April 05

1. National Maritime Day 2022 has been celebrated since which year?
A) 1961
B) 1962
C) 1965
D) 1964
E) 1963
Answer: D) 1964

• National Maritime Day will be celebrated for the 59th time in India.
• The first anniversary was held in 1964 to raise awareness about international trade and the economy.
• Every year, the day is commemorated to support the global economy, which is the most well-organized, safe, and environmentally responsible way of delivering commodities from one end of the globe to the other.

Theme:

• ‘Sustainable Shipping beyond Covid-19’

Banking and Finance – Daily Current Affairs April 05

2. RBI imposes penalties on how many co-op banks?
A) 5
B) 2
C) 3
D) 1
E) 6
Answer: C) 3

• A penalty of Rs 2 lakh has been imposed on The Yashwant Cooperative Bank Limited, Phaltan for contravention of non-compliance with directions issued by it on Income Recognition, Asset Classification, Provisioning and Other Related Matters – UCBs.
• In another statement, the central bank said a penalty of Rs 2 lakh has been imposed on Kokan Mercantile Co-operative Bank Ltd., Mumbai for similar non-compliance.
• The RBI has also imposed a penalty of Rs 1 lakh on the Samata Cooperative Development Bank Limited, Kolkata, for contravention of directions issued by it on ‘Exposure Norms & Statutory/Other Restrictions-UCBs’.

3. Which of the following Bank got approval to disburse pensions?
A) Axis Bank
B) Kotak Mahindra Bank
C) HDFC Bank
D) ICICI Bank
E) IndusInd Bank
Answer: B) Kotak Mahindra Bank

• Kotak Mahindra Bank has received approval to function as an authorized bank for payment of pensions.
• This means that now retired individuals can open their pension accounts with Kotak Mahindra Bank.
• The CPAO acts as a link between the pension sanctioning authority (the office where a government employee retired or died) and the pension payment authority (Pay and Accounts Office).

Business and Economy – Daily Current Affairs April 05

4. Who among the following formed panel to strengthen governance of bourses, other market infra institutions?
A) SIDBI
B) SEBI
C) NABARD
D) RBI
E) Finance Ministry
Answer: B) SEBI

• Capital markets regulator Sebiconstituted a committee for reviewing and making recommendations for further strengthening of governance norms at stock exchange and other market infrastructure institutions (MIIs).
• The development comes in the backdrop of alleged corporate governance lapses at NSE,with several issues coming to the fore following a Sebi order that disclosed existence of a ‘Himalayan yogi’ who influenced the decisions of the exchange’s former MD and CEO
• The six-member committee will be chaired by G Mahalingam, former whole-time member of Sebi, according to a statement.
• The other members of the committee are — MD and CEOs of stock exchanges NSE and BSE, and depositories — NSDL and CDSL; J N Gupta, MD of Stakeholders Empowerment Services; AartiNihalani, Partner, Oliver Wyman; SandipBhagat, Partner, S&R Associates; and Uttam Bagri, former chairman, BSE Brokers Forum.
• Also, the committee will enhance accountability and transparency, review the policy on safekeeping and sharing of information held by MIIs and revisit the code of conduct and code of ethics for directors of the governing board and KMPs.

5. Who among the following announced its partnership with Renault Nissan to assist automotive startups?
A) Maruthi
B) Isuzu
C) Mahindra
D) General Motors
E) T-Hub
Answer: E) T-Hub

• T-Hub today announced its partnership with Renault Nissan Technology and Business Centre India (RNTBCI). Through this partnership, RNTBCI will partner with some of the innovative automotive startups scouted by T-Hub.
• With an aim to bolster the growing automotive ecosystem, the winning startups will get an opportunity to pitch in front of RNTBCI leadership and access their global mentorship network.
• The program offers the startups an opportunity to participate under four themes – First and Last Mile Connectivity, Digitisation, Mobility as a Service with social impact (MaaS) and Circular economy.
• Six to eight startups will be shortlisted for each theme out of which four startups will win ₹1 million grant each and receive co-working opportunities with RNTBCI.
• The program will focus on automotive space including AI, IoT, blockchain, robotic process automation (RPA), electrification, big data, AR/VR, application development, cloud-based, materials, alternative fuel etc.
• Growth stage startups with Minimum Viable Product (MVP) ready, in Electric vehicle (EV),Automated vehicle (AV) and Assistive technology (AT) technology, bio-based materials, internet of waste, re-use, upcycle anywhere from India.

Books and Authors – Daily Current Affairs April 05

6. Who among the following Union minister released a book “Birsa Munda – JanjatiyaNayak” in New Delhi?
A) Shri Amit Shah
B) Shri Nitin Gadkari
C) ShriArjun Munda
D) Smt Nirmala Sitharaman
E) Shri Dharmendra Pradhan
Answer: E) Shri Dharmendra Pradhan

• Union Education and Skill Development Minister Shri Dharmendra Pradhan today relea[/su_box]sed a book “Birsa Munda – JanjatiyaNayak” written by AlokChakrawal, Vice Chancellor, Guru GhasidasVishwavidyalaya, Bilaspur.
• Minister of State for Education Annapurna Devi was also present on the occasion.

11. Who among the following is publisher of the book ‘Queen of Fire’?
A) Macmillan India ltd
B) Harpen Collins
C) Rupa Publication
D) Penguin Random House India
E) Jaico Publication
Answer: D) Penguin Random House India

• Publisher: Penguin Random House India
• ‘Queen of Fire’ by award-winning children’s writer and historian DevikaRangachari
• It is a gripping novel in which she sheds light on the brave queen and fearsome warrior Rani Lakshmibaiof Jhansi whose cry of revolt against the British Raj mobilized thousands of Indian soldiers to become a part of the 1057 National Uprising.

Science and Technology – Daily Current Affairs April 05

7. HP Inc. to acquire videoconferencing firm Poly for how much billion dollars to bolster hybrid working?
A) $3.3 billion
B) $3.5 billion
C) $3.4 billion
D) $5.3 billion
E) $4.3 billion
Answer: A) $3.3 billion

• Software giants HP Inc. has announced their plan to acquire Poly, a global provider of workplace collaboration solutions including videoconferencing, for a staggering US$3.3 billion in a bid to bolster the tech behemoth’s hybrid office working.
• HP expects to close the acquisition by the end of this year once they get approval from Poly shareholders and federal regulators.
• The latest acquisition will accelerate HP’s strategy to create a more growth-oriented portfolio, further strengthening its hybrid work solutions for the employees and positioning the company for long-term sustainable growth and value creation.
• Last year, HP bought gaming peripherals business HyperX for US$425 million, a company that specializes in gaming headsets for both PCs and console systems.
• The transaction is expected to close by the end of calendar 2022, subject to Poly stockholder approval, required regulatory clearances, and the satisfaction of other customary closing conditions.
• gether, HP and Poly plan to deliver a complete ecosystem of digital solutions to create premium hybrid employee experiences, improve workforce productivity, and provide enterprise customers with better visibility, insights, security, and manageability across their hybrid IT environments.

8. NTPC inks pact with which among the following company for blending green hydrogen with piped natural gas?
A) Indane
B) HP
C) IOCL
D) Gujarat Gas Ltd
E) Gas authority of India
Answer: D) Gujarat Gas Ltd

• State-run power giant NTPC has inked a pact with Gujarat Gas Ltd for an initiative to blend green hydrogen with the piped natural gas (PNG) supplied by the latter.
• Green hydrogen will be produced by using electricity from the existing 1 MW floating solar project of NTPC Kawas.
• This will be blended with PNG in a pre-determined proportion and will be used for cooking applications in NTPC Kawas Township.
• This first-of-its-kind project in the country is a step towards the decarbonisation of the cooking sector and self-sufficiency for energy requirements of the nation, it added.
• The formal agreement between the two companies was signed in the presence of MohitBhargava,CEO,NTPC REL and ED RE, NTPC, and Sanjeev Kumar, MD, GGL and GSPL.
• Initially the percentage of hydrogen blending in the PNG shall be around 5 per cent and after successful completion it shall be further increased.
• NTPC is the premier energy utility of the country with an installed capacity of 69 GW, with a diversified fuel mix.
• The NTPC group plans to achieve 60 GW of renewable energy (RE) in a decade and is executing several pilot projects in the green hydrogen space.
• GGL is India’s largest city gas distribution (CGD) company and has presence across 43 districts in six states and one union territory.

9. Who among the following minister launched Integrated Clean Energy Material Acceleration Platform?
A) Nitin Gadkari
B) Dr. Jitendra Singh
C) Amit shah
D) Zubin Irani
E) Arjun Munda
Answer: B) Dr. Jitendra Singh

• Union Minister of State (Independent Charge) Science & Technology; Minister of State (Independent Charge) Earth Sciences; MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, DrJitendra Singh today launched a major futuristic PPP (Public Private Participation) mode initiative for ‘Clean Energy’ with the full launch of “Mission Integrated Bio-refineries” to accelerate Clean Energy solutions through Public-Private Alliances.
• DrJitendra Singh announced the funding opportunity of Hydrogen Valley Platform, which is also a global initiative to optimise the hydrogen demand and supply by onsite generation and utilization, utilize the renewable resources effectively, and water excess areas with geographical identity.
• DrJitendra Singh also launched three Material Acceleration Platforms (MAP) set up by Department of Science and Technology (DST) on Integrated Clean Energy Material Acceleration Platform on Storage, Integrated Clean Energy Material Acceleration Platform on Materials and Integrated Clean Energy Material Acceleration Platform on Bioenergy and Hydrogen with a total cost of $ 6 Million USD.
• He enumerated that these platforms would leverage emerging capabilities in next-generation computing, artificial intelligence (AI) and machine learning, and robotics to accelerate the pace of materials discovery up to 10 times faster.
• DrJitendra Singh also announced ‘National Funding Opportunity on Sustainable Aviation Fuels’ to support and conduct RD&D (Research, Development & Demonstration) to foster technological innovations in advanced biofuels for aviation applications.
• This Funding Opportunity Announcement (FOA) solicits applications from principal investigators (PI) from Indian institutions to advance science and technology critical to understanding critical gap areas, technological innovations for advanced bio-jet fuels, and globally acceptable cost-effective business model(s).

National Affairs – Daily Current Affairs April 05

10. Tamil Nadu CM M K Stalin also layed foundation for Lotus Footwear Park at which of the following district?
A) Erode
B) Coimbatore
C) Villupuram
D) Dindugal
E) Madurai
Answer: C) Villupuram

• The chief minister of Tamil Nadu M K Stalin inaugurated thePeriyar Memorial Samathuvapuramin Periyakozhuvaari Panchayat in Vanur taluk of Villupuram district in Tamil Nadu adjoining Puducherry.
• 100 dwelling units with all basic amenities were built at the cost of 2 crore 88 lakh rupees.
• At another function held at Ozhunthiapattu in the nearby area in Vanur Taluk, the Chief Minister also inaugurated 38 projects that were completed in Villuppuram District.
• He also handed over various welfare schemes worth over 42 Crore rupees to a total of 10722 beneficiaries.
• All the 248 Samathuvapuram Villages would be renovated at the cost of 190 Crore Rupees.
• He also laid a foundation for a Lotus Footwear Park that would offer jobs for 6000 persons in Tindivanam Taluk of Villupuram.

11. Gangaur festival celebrated across which of the following state?
A) Assam
B) Uttar Pradesh
C) Bihar
D) Uttarkhand
E) Rajasthan
Answer: E) Rajasthan

• In Rajasthan, the festival of Gangaur was celebrated across the state with traditional reverence and gaiety.
• On this occasion, the royal procession of Gangaur took place after two years due to the COVID pandemic in the capital Jaipur.
• AIR correspondent reports that the royal procession of Gangaur took place this evening at the walled city of Jaipur amidst the melodious vocals of the bands and the performances of folk artists started from City Palace and concluded at
• This royal procession has been a tourist attraction for several years, but did not take place for the last two years due to COVID.
• Gangaur procession also took place in different cities of the state.

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