Daily Current Affairs April 10
Table of Contents
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April 10 | Daily Current Affairs 2025
Important Days – Daily Current Affairs April 10
1. What is the primary reason for celebrating World Homeopathy Day on April 10th each year?
A) To honor ancient Indian medicine
B) To promote Ayurveda globally
C) To mark Dr. Hahnemann’s birth anniversary
D) To commemorate the discovery of antibiotics
E) To raise funds for medical research
Answer: C) To mark Dr. Hahnemann’s birth anniversary
Event and Location:
- Event: World Homeopathy Day 2025 celebration to raise awareness about homeopathy
- Date: April 10th, 2025
- Location: Observed globally, especially in India
Mandates and Objectives:
- Commemoration Purpose: To honor the birth anniversary of Dr. Samuel Hahnemann, the founder of homeopathy.
- Awareness Goal: To educate people about the principles, benefits, and safety of homeopathic treatment.
- Research Promotion: To encourage scientific validation and clinical research in the field of homeopathy.
- Holistic Integration: To foster integration of homeopathy with conventional medicine for broader healthcare solutions.
- Practitioner Recognition: To acknowledge and celebrate contributions of homeopathic professionals in global healthcare.
Important Terms Explained:
- Homeopathy: A system of alternative medicine based on the principle of “like cures like,” where substances that cause symptoms in healthy individuals are used in diluted forms to treat similar symptoms in the sick.
- Samuel Hahnemann: A German physician who founded homeopathy in the late 18th century, emphasizing natural and holistic healing.
- Holistic Healing: A therapeutic approach that treats the body, mind, and spirit as interconnected parts of health.
- Clinical Trials: Scientific studies conducted to test and validate the safety and effectiveness of medical treatments.
- Medicinal Garden: A home-grown or institutional garden cultivating plants used in natural or homeopathic medicine.
Tabular Summary:
Key Detail | Information |
Event | World Homeopathy Day 2025 |
Date | April 10th, 2025 |
Location | Celebrated globally, especially in India |
Honours | Dr. Christian Friedrich Samuel Hahnemann (Founder of homeopathy) |
Core Principle | “Like cures like” – using similar symptoms for treatment in diluted form |
Materials Used | Plants, minerals, animal products, and synthetic substances |
Global Usage | Over 200 million users globally; India has the largest user base |
Celebration Activities | Webinars, seminars, health camps, social media drives, workshops |
Research Focus | Promotion of clinical trials and evidence-based homeopathic practices |
Health Benefits | Used for asthma, anxiety, arthritis, dermatitis, and blood pressure |
Key Objectives | Raise awareness, integrate with conventional medicine, honor practitioners |
2. Mahavir Jayanti is celebrated annually to commemorate which of the following events?
A) Enlightenment of Lord Buddha
B) Death of Lord Mahavir
C) Birth of Lord Mahavir
D) Foundation of Jainism
E) First sermon of Lord Mahavir
Answer: C) Birth of Lord Mahavir
Event and Location:
- Event: Mahavir Jayanti 2025 celebration marking the birth anniversary of Lord Mahavir
- Date: April 10, 2025 (Thursday)
- Location: Celebrated across India and globally by Jain communities
Mandates and Objectives:
- Spiritual Significance: To honour the 2623rd birth anniversary of Lord Mahavir, the 24th and last Tirthankara in Jainism.
- Philosophical Promotion: To spread awareness of Lord Mahavir’s teachings, including non-violence (Ahimsa), truth (Satya), and non-attachment (Aparigraha).
- Reflection and Purity: To inspire spiritual reflection, charity, and detachment from materialism among followers.
- Community Harmony: To encourage acts of service, such as helping the needy, as part of Jain social responsibility.
Important Terms Explained:
- Tirthankara: A spiritual teacher in Jainism who has conquered the cycle of birth and death and helps others attain liberation.
- Ahimsa: A core Jain principle meaning non-violence in thought, word, and deed.
- Trayodashi Tithi: The 13th day of the waxing phase in the Hindu lunar month—significant for many religious observances.
- Rath Yatra: A religious chariot procession commonly held during major Indian festivals, symbolising public reverence and celebration.
- Kevala Jnana: Supreme knowledge attained by Lord Mahavir after years of penance, marking his spiritual enlightenment.
Tabular Summary:
Key Detail | Information |
Event | Mahavir Jayanti 2025 celebration |
Date | April 10, 2025 (Thursday) |
Location | Celebrated in India, Nepal, UK, USA and other Jain diaspora regions |
Occasion | 2623rd birth anniversary of Lord Mahavir |
Tithi | Trayodashi Tithi of Shukla Paksha in Chaitra month |
Tithi Timing | Starts April 9 at 10:55 PM and ends April 11 at 01:00 AM |
Birthplace | Kundalagrama (modern-day Vaishali, Bihar) |
Parents | King Siddhartha and Queen Trishala |
Spiritual Teachings | Ahimsa, Satya, Asteya, Brahmacharya, Aparigraha |
Celebration Activities | Rath Yatras, temple visits, prayers, reading scriptures, charity |
Notable Beliefs | Mahavir’s mother saw 14 prophetic dreams before his birth |
Global Observance | Celebrated by Jain communities worldwide |
Ranking – Daily Current Affairs April 10
3. Which city holds the top position for the most billionaires in 2025?
A) Moscow
B) London
C) Hong Kong
D) Mumbai
E) New York City
Answer: E) New York City
Event and Location:
- Event: Release of the 2025 ranking of top-10 cities with the most billionaires
- Date: April 2025
- Location: Global (as per Forbes data)
Mandates and Objectives:
- Ranking Objective: To highlight cities with the highest billionaire population as of 2025, based on Forbes data.
- Wealth Distribution Analysis: To show the global distribution of wealth and the economic environments favoring billionaire growth.
- Tracking Global Economic Influence: The data reflects which cities are emerging as major global hubs for wealth creation and business activity.
- Comparative Insight: To provide city-wise billionaire count, net worth, and richest resident details for understanding regional economic leadership.
Important Terms Explained:
- Billionaire: An individual whose net worth equals or exceeds $1 billion USD, typically across assets, investments, or business ownership.
- Net Worth: The total wealth of an individual, calculated as assets minus liabilities.
- Forbes Billionaires List: An annual ranking published by Forbes magazine, profiling the wealthiest individuals globally.
- Richest Resident: The person with the highest individual net worth residing in a specific city.
Tabular Summary:
Rank | City | No. of Billionaires | Total Net Worth | Richest Resident | Wealth |
1 | New York City | 123 | $759 Billion | Michael Bloomberg | $105 Billion |
2 | Moscow | 90 | $409 Billion | Vagit Alekperov | $28.7 Billion |
3 | Hong Kong | 72 | $309 Billion | Li Ka-shing | $38.9 Billion |
4 | London | 71 | $355 Billion | Len Blavatnik | $29.9 Billion |
5 | Beijing | 68 | $273 Billion | Lei Jun | $43.5 Billion |
6 | Mumbai | 67 | $349 Billion | Mukesh Ambani | $92.5 Billion |
7 | Singapore | 60 | $259 Billion | Zhang Yiming | $65.5 Billion |
8 | San Francisco | 58 | $217 Billion | Dustin Moskovitz | $17 Billion |
9 | Shanghai | 58 | $198 Billion | Colin Huang | $42.3 Billion |
10 | Los Angeles | 56 | $243 Billion | Peter Thiel | $16.3 Billion |
Banking and Finance – Daily Current Affairs April 10
4. Which of the following updates is true regarding the April 2025 announcements in the Indian banking sector?
A) PMMY loan limit was reduced from ₹20 lakh to ₹10 lakh
B) Bank of Baroda launched a 200-day deposit scheme
C) Bandhan Bank’s Elite Plus account targets salaried individuals
D) A new PMMY category named Tarun Plus was introduced
E) Elite Plus account offers a personal accident cover of ₹5 lakh
Answer: D) A new PMMY category named Tarun Plus was introduced
Event and Location:
- Event: Launch of Bandhan Bank’s Elite Plus Account, Bank of Baroda’s new deposit scheme, and PMMY expansion
- Date: April 2025
- Location: India
Mandates and Objectives:
- Bandhan Bank Offering: To provide premium savings services to High Net-worth Individuals (HNIs) under the Elite Plus account.
- BoB Deposit Scheme: To attract retail depositors with competitive interest rates through the bob Square Drive Deposit Scheme.
- PMMY Update: To empower small entrepreneurs by doubling the loan limit and introducing a new loan category Tarun Plus, under the 10th anniversary of the scheme.
- Overall Aim: To strengthen financial inclusion and expand formal credit access for individuals and small businesses.
Important Terms Explained:
- High Net-worth Individuals (HNIs): Individuals with significant investable assets, typically over ₹1 crore, targeted for premium banking services.
- Non-callable Deposit: A term deposit that cannot be withdrawn prematurely, usually offers a higher interest rate.
- Pradhan Mantri Mudra Yojana (PMMY): A central government scheme launched in 2015 to provide micro-credit loans to non-corporate, non-farm small and micro enterprises.
- Tarun Plus: A new sub-category under PMMY aimed at providing loans up to ₹20 lakh to small entrepreneurs for expansion and growth.
- Retail Term Deposit: A fixed deposit made by individuals or non-institutional clients, often below ₹3 crore in value.
Tabular Summary:
Key Detail | Information |
Event | Banking sector updates: Bandhan Bank Elite Plus, BoB deposit scheme, PMMY expansion |
Date | April 2025 |
Location | India |
Bandhan Bank Launch | Elite Plus Savings Account |
Launch Date | April 8, 2025 |
Target Group | High Net-worth Individuals (HNIs) |
Key Features | Unlimited deposits, free digital transactions, ₹15 lakh accident cover |
Bank of Baroda Scheme | bob Square Drive Deposit Scheme |
Launch Date | April 7, 2025 |
Tenure | 444 days |
Interest Rates | 7.15% (general), 7.65% (senior citizens), 7.75% (super senior), 7.80% (non-callable) |
Eligibility | Retail term deposits below ₹3 crore |
PMMY Update | Loan limit increased to ₹20 lakh, new category “Tarun Plus” |
Anniversary | 10th year of PMMY scheme |
Business and Economy – Daily Current Affairs April 10
5. Which key finding was reported in the Periodic Labour Force Survey (PLFS) 2024?
A) Overall unemployment rate increased to 5.3%
B) Urban unemployment dropped significantly
C) Unemployment rate among 15+ individuals dropped slightly to 4.9%
D) Labour force participation fell sharply in all segments
E) Worker Population Ratio saw a record high in rural areas
Answer: C) Unemployment rate among 15+ individuals dropped slightly to 4.9%
Event and Location:
- Event: Unemployment rate dips marginally to 4.9% in 2024, as per PLFS
- Date: April 2025
- Location: India
Mandates and Objectives:
- Survey Purpose: To assess key labour market indicators such as unemployment rate, labour force participation rate (LFPR), and worker population ratio (WPR).
- Objective: To measure employment trends among individuals aged 15 years and above across urban and rural sectors.
- Labour Dynamics: The survey captures regional and gender-specific employment patterns, highlighting disparities and sectoral shifts.
- Employment Signals: The decline in unpaid household work and marginal gains in formal hiring reflect improving work quality in some areas.
Important Terms Explained:
- Periodic Labour Force Survey (PLFS): A nationwide survey conducted by the Ministry of Statistics and Programme Implementation to collect employment and unemployment data.
- Unemployment Rate (UR): The percentage of people in the labour force who are willing to work but are unable to find jobs.
- Labour Force Participation Rate (LFPR): The percentage of the working-age population (15 years and above) that is either employed or actively seeking work.
- Worker Population Ratio (WPR): The proportion of the population that is currently employed.
- PS+SS (Principal Status + Subsidiary Status): Categories used in PLFS to determine an individual’s employment status based on major or minor activity over a reference period.
Tabular Summary:
Key Detail | Information |
Event | Unemployment rate dips marginally to 4.9% in 2024, as per PLFS |
Date | April 2025 |
Location | India |
All-India Unemployment Rate | Dropped from 5.0% to 4.9% |
Rural Unemployment Rate | Decreased from 4.3% to 4.2% |
Urban Unemployment Rate | Stable at 6.7% |
Urban Male Unemployment | Increased slightly from 6.0% to 6.1% |
Urban Female Unemployment | Dropped from 8.9% to 8.2% |
All-India LFPR (15+ years, PS+SS) | Declined from 59.8% to 59.6% |
Urban Male LFPR | Increased from 74.3% to 75.6% |
Urban Female LFPR | Increased from 25.5% to 25.8% |
Urban Overall LFPR | Increased from 50.3% to 51.0% |
Overall LFPR (All Categories) | Constant at 56.2% |
All-India WPR | Declined from 58.0% to 57.7% |
Urban WPR | Improved from 47.0% to 47.6% |
Rural Female Helpers | Dropped from 19.9% to 18.1% in household enterprises |
Hiring Sentiment | Positive in IT and manufacturing sectors |
Minority Joblessness | Increased despite overall unemployment dip |
Youth Employability | Remains a concern due to AI and sectoral disruptions |
6. Which Indian fintech company became the first unicorn of 2025 after a Series D funding round?
A) Razorpay
B) Juspay
C) PhonePe
D) CRED
E) Paytm
Answer: B) Juspay
Event and Location:
- Event: Juspay becomes India’s first unicorn of 2025 after raising Series D funding
- Date: April 2025
- Location: Bengaluru, Karnataka
Mandates and Objectives:
- Funding Purpose: To enhance Juspay’s AI-powered technology stack and support global expansion.
- Strategic Milestone: Achieve unicorn status with a valuation exceeding $1 billion.
- Business Vision: Strengthen presence in APAC, Latin America, Europe, UK, and North America.
- Efficiency Goal: Improve operational performance through AI tools and smarter merchant dashboards.
- Adaptability Strategy: Address the loss of key clients by innovating and expanding client acquisition globally.
Important Terms Explained:
- Unicorn: A privately held startup company valued at over $1 billion.
- Series D Funding: A late-stage funding round used by companies looking to scale or expand into new markets.
- Primary and Secondary Funding: Primary involves issuing new shares for capital; secondary allows existing investors to sell shares.
- AI Tools: Artificial intelligence-based systems designed to automate processes, improve analytics, and reduce human intervention.
- Fintech: A sector combining finance and technology to deliver improved banking, payment, or investment solutions.
Tabular Summary:
Key Detail | Information |
Event | Juspay becomes India’s first unicorn of 2025 |
Date | April 2025 |
Location | Bengaluru, Karnataka |
Company Name | Juspay |
Industry | Fintech / Payments Infrastructure |
Funding Round | Series D |
Amount Raised | $60 million |
Lead Investor | Kedaara Capital |
Other Investors | SoftBank and Accel |
Valuation | Surpassed $1 billion |
Use of Funds | AI tool integration, analytics dashboard upgrade, international expansion |
Expansion Markets | APAC, Latin America, Europe, UK, North America |
Challenges | Loss of major clients like Razorpay and PhonePe |
7. Which company did BlackRock support through a $750 million private bond issue in April 2025?
A) Reliance Industries
B) Tata Power
C) Adani Group
D) L&T Infrastructure
E) NTPC
Answer: C) Adani Group
Event and Location:
- Event: BlackRock backs Adani Group’s $750 million private bond issue
- Date: April 2025
- Location: India
Mandates and Objectives:
- Funding Goal: To raise $750 million through private placement for Adani’s subsidiary Renew Exim.
- Purpose of Funds: To finance the acquisition of ITD Cementation, enhancing Adani’s presence in India’s infrastructure sector.
- Investor Confidence: The investment by BlackRock and others signals a partial recovery of investor trust despite ongoing legal scrutiny.
- Market Strategy: Adani chose private placement over public offering to minimize regulatory exposure amid US legal issues.
- Legal Challenge Management: The decision aims to ensure financial continuity while addressing the $256 million US bribery allegations.
Important Terms Explained:
- Private Bond Issue: A method of raising capital by selling bonds to a select group of investors rather than the public market.
- Renew Exim: A subsidiary under the Adani Group focusing on renewable energy and infrastructure investments.
- ITD Cementation: An Indian construction engineering firm targeted for acquisition to expand Adani’s infrastructure capabilities.
- FCPA (Foreign Corrupt Practices Act): A US law prohibiting bribery of foreign officials; relevant to the ongoing Adani investigation.
- Hindenburg Allegations: A 2023 report by Hindenburg Research accusing the Adani Group of stock manipulation and accounting fraud.
Tabular Summary:
Key Detail | Information |
Event | BlackRock backs $750 million private bond issue of Adani Group |
Date | April 2025 |
Location | India |
Bond Value | $750 million |
Main Investor | BlackRock (acquired ~1/3 of the bond) |
Other Investors | Sona Asset Management, Jefferies, JPMorgan |
Purpose of Fund | Acquisition of ITD Cementation by Adani’s Renew Exim |
Legal Context | $256 million bribery charges filed in the US against Gautam Adani and associates |
Placement Type | Private placement preferred over public issuance |
Financial Strategy | Avoid public scrutiny; maintain investor trust |
Recent Adani Actions | Suspended $600 million bond sale; refinanced $1.1 billion loan |
Historical Backdrop | Follows 2023 Hindenburg fraud allegations |
Appointments – Daily Current Affairs April 10
8. Who has been appointed as the Acting Governor of Nepal Rastra Bank in April 2025?
A) Bam Bahadur Mishra
B) Dr. Gunakar Bhatta
C) Gyanendra Dhungana
D) Dr. Neelam Dhungana Timsina
E) Dr. Prakash Kumar Shrestha
Answer: D) Dr. Neelam Dhungana Timsina
Event and Location:
- Event: Appointment of Dr. Neelam Dhungana Timsina as Acting Governor of Nepal Rastra Bank
- Date: April 8, 2025
- Location: Nepal
Mandates and Objectives:
- Acting Appointment: Dr. Neelam Dhungana Timsina was appointed as Acting Governor following the end of Maha Prasad Adhikari’s tenure.
- Legal Provision: The appointment is made under Section 27 of the Nepal Rastra Bank Act, 2058 BS, which authorizes the Finance Minister to assign an Acting Governor when the position is vacant.
- Governance Continuity: The objective is to ensure stable leadership in Nepal’s central bank during the transition period.
- Governor Selection Process: A formal process has begun to appoint a permanent governor, involving a recommendation committee and approval by the Council of Ministers.
Important Terms Explained:
- Nepal Rastra Bank (NRB): The central bank of Nepal, responsible for monetary policy, currency issuance, and financial regulation.
- Acting Governor: A temporary position assigned to manage the responsibilities of the central bank until a full-time governor is appointed.
- Section 27, NRB Act 2058 BS: A legal clause empowering the Finance Minister to make an acting appointment during a vacancy in the governorship.
- Governor Appointment Committee: A statutory committee formed to shortlist candidates for the Governor position, composed of experts and government officials.
Tabular Summary:
Key Detail | Information |
Event | Appointment of Acting Governor of Nepal Rastra Bank |
Date | April 8, 2025 |
Location | Nepal |
Appointed As | Acting Governor |
Appointee | Dr. Neelam Dhungana Timsina |
Predecessor | Maha Prasad Adhikari (term ended April 6, 2025) |
Legal Basis | Section 27 of Nepal Rastra Bank Act, 2058 BS |
Appointing Authority | Ministry of Finance, Nepal |
Governor Selection Committee | Finance Minister Bishnu Paudel, Bijaya Nath Bhattarai, Dr. Biswo Poudel |
Other Candidates | Bam Bahadur Mishra, Dr. Gunakar Bhatta, Dr. Prakash Kumar Shrestha, Gyanendra Dhungana |
Awards – Daily Current Affairs April 10
9. Which milestone is being commemorated with the unveiling of the DDLJ statue at Leicester Square?
A) 25th anniversary of Bollywood
B) 100 years of Indian cinema
C) 30th anniversary of DDLJ
D) Inauguration of Vue Cinema
E) Shah Rukh Khan’s debut anniversary
Answer: C) 30th anniversary of DDLJ
Event and Location:
- Event: DDLJ statue to be unveiled at Leicester Square as part of Scenes in the Square
- Date: Spring 2025
- Location: Leicester Square, London, United Kingdom
Mandates and Objectives:
- Cinematic Tribute: To honour Dilwale Dulhania Le Jayenge (DDLJ) for its 30-year cultural legacy.
- Statue Installation: To feature a bronze statue of Shah Rukh Khan and Kajol at a film-related location.
- First Indian Entry: Marking DDLJ as the first Indian film to be included in the Scenes in the Square trail.
- Global Cultural Aim: To reflect Bollywood’s international influence, especially among the British South Asian diaspora.
- Promotion of Diversity: To recognise the representation and contribution of Indian cinema in the global film narrative.
Important Terms Explained:
- Scenes in the Square: A movie trail in London’s Leicester Square showcasing life-size statues from iconic films.
- DDLJ (Dilwale Dulhania Le Jayenge): A 1995 Hindi romantic film directed by Aditya Chopra, considered a classic in Indian cinema.
- Diaspora: People of Indian origin living abroad, especially significant in the UK where Bollywood plays a cultural bonding role.
- Cultural Phenomenon: A work (like DDLJ) that significantly influences public thought, identity, and pop culture.
Tabular Summary:
Key Detail | Information |
Event | DDLJ statue to be unveiled at Leicester Square, London |
Date | Spring 2025 |
Location | Leicester Square, London, United Kingdom |
Film Honoured | Dilwale Dulhania Le Jayenge (DDLJ), released in 1995 |
Occasion | 30th anniversary of DDLJ |
Lead Actors in Statue | Shah Rukh Khan and Kajol |
Director | Aditya Chopra |
Scene Depicted | Raj outside Vue Cinema; Simran near Odeon Leicester Square |
Statue Placement | Eastern terrace of Odeon Cinema, Leicester Square |
Organised By | Heart of London Business Alliance |
Trail Name | Scenes in the Square movie trail |
Cultural Impact | Represents Bollywood’s global reach and connection with the Indian diaspora |
Significance | First Indian film included in Scenes in the Square |
10. Who was honored with the National Maritime Varuna Award during the 62nd National Maritime Day celebrations in 2025?
A) Sanjay Bhatia
B) Rajesh Unni
C) Malini Shankar
D) G. Ashok Kumar
E) Radhika Menon
Answer: B) Rajesh Unni
Event and Location:
- Event: Rajesh Unni honored with the National Maritime Varuna Award
- Date: April 5, 2025
- Location: Mumbai, Maharashtra
Mandates and Objectives:
- Award Objective: To recognize extraordinary and sustained contributions to India’s maritime industry.
- Organizing Body: The award is presented by the Directorate General of Shipping (DGS) under the Ministry of Ports, Shipping and Waterways.
- Recognition Purpose: To honor individuals shaping India’s maritime future through leadership, innovation, and operational excellence.
- Broader Vision: The award encourages professionals to go beyond ship operations and lead advancements in maritime systems and sustainability.
Important Terms Explained:
- National Maritime Varuna Award: India’s highest individual award in the maritime sector, honoring excellence and long-term contributions.
- Directorate General of Shipping (DGS): A regulatory authority under the Ministry of Ports, Shipping and Waterways responsible for overseeing shipping safety and standards in India.
- Third-party Ship Management: A maritime service model where a specialized firm manages vessels on behalf of shipowners, handling operations, crewing, and compliance.
- Indian-flagged Vessels: Ships registered under the Indian flag, following Indian laws and contributing to the national maritime economy.
Tabular Summary:
Key Detail | Information |
Event | Rajesh Unni honored with National Maritime Varuna Award |
Date | April 5, 2025 |
Location | Mumbai, Maharashtra |
Award Name | National Maritime Varuna Award |
Presented By | Directorate General of Shipping (DGS) |
Awarded To | Rajesh Unni, Founder of Synergy Marine Group |
Company Overview | Leading manager of Indian-flagged vessels; provider of integrated maritime solutions |
Award Significance | India’s top individual maritime honor recognizing excellence and sustained impact |
Contribution Recognized | Pioneering leadership and innovation in maritime systems and ship management |
Unni’s Message | Indian maritime professionals are capable of leading global shipping innovation |
International Affairs – Daily Current Affairs April 10
11. What action did China take in response to the US imposing 104% tariffs on Chinese goods?
A) Filed a complaint against the US in its domestic court
B) Imposed 104% tariffs on all US goods
C) Announced 84% tariffs on US goods and imposed export controls
D) Signed a bilateral free trade agreement with the US
E) Removed all restrictions on US investments
Answer: C) Announced 84% tariffs on US goods and imposed export controls
Event and Location:
- Event: China imposes 84% tariffs on US goods in retaliation to US’s 104% tariffs
- Date: April 2025
- Location: China
Mandates and Objectives:
- Retaliatory Tariff Move: China increased tariffs on US goods from 34% to 84% in direct response to the 104% tariffs imposed by the Trump administration.
- Export Controls: To pressure the US further, China implemented export restrictions on rare earth minerals and strategic resources.
- Corporate Blacklisting: China added 12 US companies to its export control list and placed six firms on its “unreliable entities list”, barring them from trade and investment activities in China.
- WTO Action: China filed a formal complaint with the WTO, accusing the US of destabilizing global trade through protectionist measures.
- No Dialogue Policy: China declared it would not engage in trade negotiations under the current escalated circumstances.
Important Terms Explained:
- Unreliable Entities List: A list of foreign companies restricted from doing business in China due to actions seen as harmful to national interests.
- Export Control List: Companies barred from accessing Chinese-origin items that have dual-use or strategic applications.
- Rare Earth Minerals: A group of elements critical to high-tech industries; China is a leading exporter and often uses them as a strategic trade tool.
- Trade Deficit: The economic condition where a country imports more than it exports; the US had a $295 billion deficit with China in 2024.
- WTO Complaint: A dispute raised by a member nation against another at the World Trade Organization for violating trade rules.
Tabular Summary:
Key Detail | Information |
Event | China retaliates with 84% tariffs on US goods amid trade war escalation |
Date | April 2025 |
Location | China |
US Tariffs on China | 104% imposed by Trump administration |
China’s Tariffs on US | Increased to 84%, up from 34% |
Export Control List | 12 US companies including American Photonics, Novotech |
Unreliable Entities List | 6 firms including Shield AI, Sierra Nevada Corporation |
WTO Action | Complaint filed by China against the US tariffs |
Rare Earth Export Controls | Imposed by China as part of economic retaliation |
Travel Advisory | Issued by China warning citizens about visiting the US |
Trade Deficit (2024) | US imports from China: $440 billion; US exports to China: $145 billion |
China’s Negotiation Stance | Refused to enter talks under existing tariff conditions |
12. Which major trade policy change was recently announced by US President Donald Trump?
A) Complete removal of tariffs for all countries
B) Uniform 20% tariff on all imports
C) 90-day pause on higher tariffs for most countries, 125% tariff on Chinese goods
D) China exempted from US tariffs
E) Free trade agreement signed with China
Answer: C) 90-day pause on higher tariffs for most countries, 125% tariff on Chinese goods
Event and Location:
- Event: US announces 90-day pause on higher tariffs for most countries and increases tariff on China
- Date: April 2025
- Location: United States
Mandates and Objectives:
- Policy Shift: The US decided to temporarily suspend newly announced tariff hikes for countries that did not retaliate.
- Tariff Adjustment: A standard 10% reciprocal tariff was applied to compliant trading partners.
- China-Specific Action: Tariffs on Chinese imports were raised to 125% due to China’s retaliatory measures.
- Goal of Escalation: The objective was to exert pressure on China and address perceived trade imbalances.
- Strategic Aim: The move aligns with Trump’s broader goal to weaken China’s industrial dominance and protect US interests.
Important Terms Explained:
- Tariff: A duty imposed on imported goods to regulate foreign trade and protect domestic production.
- Reciprocal Tariff: A tariff levied to match the duties imposed by a trading partner, ensuring fairness.
- Trade War: A situation where countries impose tariffs or other restrictions on each other’s imports to protect their economies.
- Made in China 2025: A Chinese initiative aimed at advancing manufacturing capabilities and achieving global tech leadership.
- S&P 500 and Dow Jones: Key US stock indices that reflect investor confidence and economic impact of policy changes.
Tabular Summary:
Key Detail | Information |
Event | US announces 90-day pause on higher tariffs, China faces 125% tariff |
Date | April 2025 |
Location | United States |
China Tariff | Increased to 125% |
Retaliation by China | 84% tariffs on US imports |
Tariff for Others | 10% for non-retaliating countries |
Exempt Countries | Canada and Mexico fully exempt; UK already under 10% tariff |
EU and Others | EU, Vietnam, South Africa spared higher tariffs due to non-retaliation |
Market Reaction | S&P 500 rose 9.5%, Dow Jones up 7.8% after pause announcement |
US Debt Interest Rate | Peaked at 4.5%, highest since February |
WTO Forecast | $466 billion trade loss, up to 80% drop in US-China bilateral trade |
Other Tariffs in Place | 25% on cars, car parts, and steel/aluminium remain active |
13. What major international step has IIM Ahmedabad taken as of 2025?
A) Launched an online MBA for Indian students
B) Opened a research center in Singapore
C) Announced its first overseas campus in Dubai
D) Signed MoU with IITs for joint programs
E) Shifted its executive program to UAE
Answer: C) Announced its first overseas campus in Dubai
Event and Location:
- Event: IIM Ahmedabad to set up its first international campus in Dubai
- Date: Announced in April 2025
- Location: Dubai, United Arab Emirates
Mandates and Objectives:
- Global Expansion: Establish IIM Ahmedabad’s first overseas campus to enhance its international academic presence.
- Target Audience: Launch a one-year full-time MBA program designed for global professionals and entrepreneurs.
- Collaborative Support: Developed under an MoU with the UAE government and backed by India’s Ministry of Education.
- Long-term Vision: To build a permanent campus by 2029, promoting cross-cultural academic exchange and research.
- Strategic Goals: To make IIM Ahmedabad a global leader in management education and to leverage Dubai’s status as an innovation hub.
Important Terms Explained:
- IIM Ahmedabad: One of India’s premier business schools known for excellence in management education and research.
- International Academic City (DIAC): A specialized education zone in Dubai that houses many global universities and institutions.
- MoU (Memorandum of Understanding): A formal agreement between two or more parties expressing a mutual intent to collaborate.
- One-Year MBA: An intensive, full-time management program aimed at professionals seeking career advancement in a short duration.
- Cross-Cultural Exchange: Academic and social interaction between individuals of different cultures to foster broader global understanding.
Tabular Summary:
Key Detail | Information |
Event | IIM Ahmedabad to set up international campus in Dubai |
Date | April 2025 (announcement); launch in September 2025 |
Location | Dubai, UAE (Phase 1 at DIAC; permanent campus by 2029) |
Program Offered | One-year full-time MBA program |
Target Group | Global working professionals and entrepreneurs |
Admission Process | Two-stage selection using GMAT/GRE scores (within 5 years) |
Program Duration | Five terms with multiple elective options |
Support and Partnerships | MoU with UAE government; backed by Indian Education Ministry |
Strategic Importance | First global campus of IIM Ahmedabad; step toward becoming a global education hub |
Collaborators | Dubai Economic Development Corporation (DEDC), IIT Roorkee, NIH Roorkee |
14. What was the major outcome of the 8th Session of the India-Russia Working Group on Priority Investment Projects (IRWG-PIP)?
A) Signing of a new defense agreement
B) Initiation of joint space exploration
C) Agreement on six new strategic investment projects
D) Creation of a joint education program
E) Launch of a free trade agreement
Answer: C) Agreement on six new strategic investment projects
Event and Location:
- Event: Agreement on six new India-Russia strategic investment projects during IRWG-PIP session
- Date: April 2025
- Location: New Delhi, India
Mandates and Objectives:
- Strategic Project Collaboration: To enhance bilateral investment ties through six new strategic projects.
- Strengthened Economic Engagement: To advance joint ventures in sectors like trade, technology, and development.
- Session Purpose: The IRWG-PIP session served as a platform to review previous project progress and set new targets for cooperation.
- Investment Forum Goal: The India-Russia Investment Forum facilitated dialogue between businesses and institutions, promoting direct investment opportunities.
- Ongoing Commitment: Both countries reaffirmed their long-term economic cooperation, aligned with the India-Russia Strategic Partnership framework.
Important Terms Explained:
- IRWG-PIP (India-Russia Working Group on Priority Investment Projects): A bilateral mechanism to promote and monitor joint investment projects of strategic interest.
- Strategic Projects: High-impact investment initiatives in priority sectors agreed upon by both governments to strengthen bilateral cooperation.
- India-Russia Strategic Partnership: A comprehensive partnership formalized in 2000, upgraded in 2010 to a “Special and Privileged Strategic Partnership” with wider cooperation.
- Invest India: A national investment promotion agency helping attract and facilitate investments into India.
- India-Russia Investment Forum: A platform to boost business-to-business and government-to-business engagement for investment facilitation.
Tabular Summary:
Key Detail | Information |
Event | India-Russia agreement on six new strategic investment projects |
Date | April 2025 |
Location | New Delhi, India |
Organizing Mechanism | 8th Session of India-Russia Working Group on Priority Investment Projects (IRWG-PIP) |
Key Co-Chairs | Amardeep Singh Bhatia (India), Vladimir Ilichev (Russia) |
New Projects | Six strategic projects aimed at boosting bilateral investments |
Investment Forum | 2nd Edition of India-Russia Investment Forum held alongside IRWG-PIP |
Forum Organizers | Invest India, Indian Chamber of Commerce, Ministry of Economic Development (Russia) |
Participants | 80+ stakeholders including businesses, financial institutions, cargo companies |
Focus Sectors | Trade, economic development, technological innovation, joint ventures |
Historical Partnership | Strategic Partnership declared in 2000, elevated in 2010 |
National Affairs – Daily Current Affairs April 10
15. What is the primary purpose of the Bhagirath App launched in Uttarakhand in March 2025?
A) Monitor air quality levels
B) Report endangered water sources for conservation
C) Track rainfall data in hilly regions
D) Provide digital land records to farmers
E) Conduct online surveys for development planning
Answer: B) Report endangered water sources for conservation
Event and Location:
- Event: CM Dhami launches Bhagirath App under Jal Sanrakshan Abhiyan 2025
- Date: March 29, 2025
- Location: Uttarakhand
Mandates and Objectives:
- App Purpose: The Bhagirath App enables citizens to report endangered water sources for timely conservation.
- Campaign Goal: To drive community participation in water preservation through the Jal Sanrakshan Abhiyan 2025.
- Sustainable Management: To ensure long-term availability of water through conservation of Naulas, Dharaas, and rain-fed rivers.
- Village Engagement: To create village-level committees and conduct workshops for Gram Panchayats to implement sustainable practices.
- Technical Support: To develop scientific river rejuvenation models in collaboration with IIT Roorkee and NIH Roorkee.
Important Terms Explained:
- Naula and Dhara: Traditional water sources in the hilly regions of Uttarakhand, essential for local drinking and irrigation needs.
- Spring and River Rejuvenation Authority (SARA): A state-level body coordinating rainwater storage, spring revival, and river rejuvenation efforts.
- Groundwater Recharge: The process of enhancing underground water reserves by allowing surface water to percolate through soil layers.
- Jal Sanrakshan Abhiyan: A water conservation campaign promoting citizen involvement, data reporting, and revival of natural sources.
- River Rejuvenation: Scientific restoration of natural flow and ecosystem of rivers affected by pollution or human encroachment.
Tabular Summary:
Key Detail | Information |
Event | Launch of Bhagirath App under Jal Sanrakshan Abhiyan 2025 |
Date | March 29, 2025 |
Location | Uttarakhand |
App Name | Bhagirath App |
Purpose | Citizen-led reporting of endangered water sources for conservation |
Campaign Theme | “Dhara Mera, Naula Mera, Gaon Mera, Prayas Mera” |
Lead Authority | Spring and River Rejuvenation Authority (SARA) |
SARA Achievements | 3.12 million cubic meters of rainwater stored; over 6,500 water sources revived |
Technical Collaboration | IIT Roorkee, NIH Roorkee for river rejuvenation |
Key Rivers Under Project | Nayar, Song, Uttarvahini Shipra, Gauri |
Groundwater Recharge Efforts | Collaboration with Central Ground Water Board |
Local Committee Formed | Dhara Naula Conservation Committee |
Village Training Initiative | Gram Panchayat workshops for sustainable water management |
16. Where will the 9th edition of the Global Technology Summit (GTS) 2025 be held?
A) Bengaluru
B) Dubai
C) New Delhi
D) Hyderabad
E) Singapore
Answer: C) New Delhi
Event and Location:
- Event: 9th edition of Global Technology Summit (GTS) 2025
- Date: April 10–12, 2025
- Location: New Delhi, India
Mandates and Objectives:
- Dialogue Platform: To serve as India’s premier platform for geo-technology dialogue, involving government, industry, academia, and civil society.
- Thematic Focus: The theme “Sambhavna” (possibilities) explores how emerging technologies can shape inclusive, sustainable, and cooperative global futures.
- Global Tech Policy: To engage global stakeholders in discussions on AI governance, cybersecurity, space security, and digital infrastructure.
- Youth Engagement: Through the Young Ambassadors Program, the Summit promotes the inclusion of young professionals in international tech policymaking.
- Global South Leadership: Emphasizes India’s and other developing nations’ roles in driving technology for development and innovation.
Important Terms Explained:
- Geo-Technology: The intersection of geopolitics and technology, addressing how tech influences global power structures.
- Carnegie India: A think tank based in New Delhi focused on public policy and international affairs, co-hosting the Summit.
- Young Ambassadors Program: A GTS initiative enabling students and early-career professionals to participate in high-level policy dialogue.
- Sambhavna: Hindi word meaning possibility, reflecting the Summit’s focus on futuristic and solution-oriented discussions.
- Global Public Goods: Resources or services (like AI safety or digital standards) that benefit all countries, not just one.
Tabular Summary:
Key Detail | Information |
Event | Global Technology Summit (GTS) 2025 |
Date | April 10–12, 2025 |
Location | New Delhi, India |
Edition | 9th edition |
Theme | “Sambhavna” – Possibilities |
Co-Hosts | Ministry of External Affairs, Government of India; Carnegie India |
Sessions | Over 40 public sessions including panels, keynotes, and ministerial dialogues |
Speakers | 150+ from over 40 countries (e.g., US, UK, Japan, Brazil, UAE, Germany) |
Key Topics | AI governance, digital infrastructure, data protection, space & cybersecurity |
Youth Engagement | Young Ambassadors Program for policy participation |
Opening Address | By Dr. S. Jaishankar, India’s External Affairs Minister |
International Cooperation | Strengthening global tech partnerships, especially with the Global South |
17. What is the primary purpose of the newly launched Inter-AIIMS Referral Portal?
A) To book online OPD consultations
B) To provide AI-driven diagnosis for rare diseases
C) To streamline patient referrals between AIIMS hospitals
D) To offer telemedicine to rural areas
E) To track medical supply chains across AIIMS centers
Answer: C) To streamline patient referrals between AIIMS hospitals
Event and Location:
- Event: Launch of the Inter-AIIMS Referral Portal for seamless healthcare management
- Date: April 2025
- Location: India
Mandates and Objectives:
- Healthcare Modernization: The Inter-AIIMS Referral Portal was launched to modernize patient referral systems across AIIMS hospitals.
- Efficiency Enhancement: The portal aims to reduce waiting times, improve coordination, and provide a patient-centric approach to treatment.
- Technology Integration: It incorporates facial recognition and automated workflows to ensure secure and seamless referral processes.
- Pilot Testing Goal: Initially connects AIIMS New Delhi and AIIMS Bilaspur to test and optimize system performance before nationwide rollout.
- Future Vision: To develop an integrated digital healthcare ecosystem across all AIIMS institutions, improving accessibility and transparency.
Important Terms Explained:
- Facial Recognition: A biometric authentication method used in the portal to ensure secure and error-free patient identification.
- Automated Workflow: Streamlined and programmed processes that reduce manual intervention in patient data handling and referrals.
- Vishram Sadan: An accommodation facility for outstation patients, integrated into the portal for affordable lodging during treatment.
- Patient-Centric Healthcare: A healthcare approach focused on personalized services, timely treatment, and ease of access for patients.
- Referral System: A digital mechanism to transfer patient records and appointments securely between institutions for continued care.
Tabular Summary:
Key Detail | Information |
Event | Launch of the Inter-AIIMS Referral Portal |
Date | April 2025 |
Launched By | Union Health Minister J.P. Nadda |
Developed By | AIIMS New Delhi |
Pilot Phase | AIIMS New Delhi and AIIMS Bilaspur |
Core Objective | Streamline and secure patient referrals across AIIMS institutions |
Technologies Used | Facial recognition and automated workflows |
Expected Benefits | Reduced waiting times, secure referrals, better patient experience |
System Integration | Linked with Vishram Sadan portal for patient accommodation |
Future Plan | Nationwide implementation across AIIMS network |
Healthcare Goal | Enhance transparency, efficiency, and accessibility in patient care |
Over All Review
Important Days
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Ranking
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Banking and Finance
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Business And Economy
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Appointments
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Awards
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International Affairs
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National Affairs
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