Daily Current Affairs April 26

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April 26| Daily Current Affairs 2023

Important Days – Daily Current Affairs April 26

1. On which day does the world celebrate World Intellectual Property Day each year?
A) April 25th
B) April 26th
C) April 27th
D) April 28th
E) April 29th
Answer: B) April 26th

• Every year on April 26, World Intellectual Property Day is observed to promote awareness about the influence of patents, copyrights, trademarks, and design on daily life.
• In 2000, the World Intellectual Property Organization (WIPO) was founded.
• The day was established by the World Intellectual Property Organisation (WIPO) in 2000.
• First Edition: 2001.
• The theme for the 2023 celebration of World Intellectual Property Day is “Women and IP: Accelerating Innovation and Creativity”.

INTERNATIONAL CHERNOBYL DISASTER REMEMBRANCE DAY

• The infamous Chernobyl disaster took place on April 26, 1986, at the Chernobyl Nuclear Power Plant in the former Soviet Union.
• The accident took place during a routine safety test of a nuclear reactor.
• As per the United Nations (UN), about 50 people got killed immediately.
• The World Health Organisation (WHO) mentions that an estimated 3940 people died from cancers due to radiation poisoning.
• International Chernobyl Disaster Remembrance Day is observed on April 26, annually, in memory and honour of those who lost their lives.
• 2023 Edition: 37th.
• First edition: 2017.

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Obituary – Daily Current Affairs April 26

2. Who was Uttarakhand’s Minister for Transport and Social Welfare who recently passed away?
A) Chandan Ram Das
B) Ramesh Pokhriyal
C) Trivendra Singh Rawat
D) Harak Singh Rawat
E) SatpalMaharaj
Answer: A) Chandan Ram Das

• Uttarakhand’s Minister for Transport and Social Welfare Chandan Ram Das died of a heart attack.
• The BJP leader represented Bageshwar in four consecutive assemblies since 2007, but he became a minister for the first time in the Pushkar Singh Dhami’s cabinet.

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3. Who was Tripura’s first Padma Shri awardee, who recently passed away?
A) Pratap Chandra Sarangi
B) Himangshu Mohan Chowdhury
C) SukumarAzhikode
D) Kalbe Sadiq
E) HridayNathKunzru
Answer: B) Himangshu Mohan Chowdhury

• Himangshu Mohan Chowdhury, who was awarded prestigious the Padma Shri(Tripura’s first Padma Shri awardee) for his services during the Bangladesh Liberation war as a civil service officer, passed away due to age-related ailments.
• He was the retired Civil Service officer and a humanitarian.
• He is credited with overseeing the housing and feeding of lakhs of refugees from the neighburing country, who fled to the tiny northeastern state in the aftermath of the brutal crackdown by the Pakistan army from March 1971.
• Padma Shri – 1972 (India).
• ‘Friend of Bangladesh’medal for his “dedication and spontaneity” – 2013.

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Ranking – Daily Current Affairs April 26

4. According to the Swedish think tank Stockholm International Peace Research Institute (SIPRI), what is the rank of India in the military spender in 2022?
A)5
B)1
C)4
D)3
E)2
Answer: C)4

• India was the world’s fourth largest military spender in 2022, with its defence spending increasing by around six percent as compared to 2021, a report by Swedish think tank Stockholm International Peace Research Institute (SIPRI).
• With military expenditure of USD 81.4 billion (one billion=100 crore), India’s spending was up by six per cent from 2021 and by 47 per cent as compared 2013.
• The 15 largest spenders in 2022 together accounted for 82 per cent of the world military expenditure of USD 1,842 billion.
• In 2021, India’s military spending of USD 76.6 billion ranked third highest in the world. It was fifth largest military spender in the world in 2016 at USD 55.9 billion.

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Banking and Finance – Daily Current Affairs April  26

5. India Post Payments Bank (IPPB) has partnered with which platform to provide digital literacy and spread awareness among postmen to prevent digital frauds?
A) Forum of Industry Academic Knowledge Sharing (FIAKS)
B) National Skill Development Corporation (NSDC)
C) National Association of Software and Services Companies (NASSCOM)
D) Confederation of Indian Industry (CII)
E) Federation of Indian Chambers of Commerce and Industry (FICCI)
Answer: A) Forum of Industry Academic Knowledge Sharing (FIAKS)

• India Post Payments Bank (IPPB) has partnered with the Forum of Industry Academic Knowledge Sharing (FIAKS) platform to provide digital literacy and spread awareness among postmen (or GraminDakSevaks) to avoid digital frauds.
• FIAKS, a cross-border platform comprising over 5,000 members, will carry out research, development, and designing of digital content under the programme FIAKS Digital ShikshaPrasaarAbhiyaan along with other partners.
• The body will provide virtual and physical training to the postmen identified by IPPB.

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6. What is the name of the new health product launched by SBI General Insurance?
A) Health Shield Insurance
B) Health Protect Insurance
C) Health Edge Insurance
D) Health Secure Insurance
E) Health Care Insurance
Answer: C) Health Edge Insurance

• SBI General Insurance, one of India’s leading general insurers announced the launch of a fully customizable digital-only health product ‘Health Edge Insurance’.
• The policy offers a single comprehensive plan with 9 basic indemnity covers and 18 optional covers, allowing customers to design a tailor-made health insurance policy as per their requirements
• The policy provides multiple sum insured options ranging between INR 3 Lacs to INR 25 Lacs, with long-term policy options available for up to 3 years.
• It offers customers value with premiums starting from less than Rs.15/day.
• The entry age to purchase the Health Edge plan is 18 years to 65 years for adults and 91 days to 30 years for children.
• Premium mentioned is base premium excluding GST for 3 Lakhs Sum Insured of individual policy for the person in age band of 18 to 35 years (with no medical history), and derived considering annual premium and 365 days in a year.
• SBI general Insurance – establishment in 2009.
• It has been awarded ‘Insurer of the Year‘ in the non-life category at FICCI Insurance Industry Awards, for two consecutive years in 2020 & 2021. In 2022, recognized as the ‘Best General Insurance Company of the Year’ at the ‘Third Emerging Asia Insurance Awards’ organized by the ‘Indian Chamber of Commerce’.

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7. Which insurance company has become the first to accept premium payments in eRupee through a partnership with Yes Bank?
A) HDFC ERGO General Insurance
B) ICICI Lombard General Insurance
C) Bharti AXA General Insurance
D) Reliance General Insurance
E) Bajaj Allianz General Insurance
Answer: D) Reliance General Insurance

• Reliance General Insurance has become the first company to start accepting premium payments in eRupee – or the central bank digital currency (CBDC) – through a partnership with Yes Bank.
• Customers with an active eRupee wallet with any bank can scan Reliance General Insurance’s eRupee QR code to make immediate payments. Reliance General Insurance is a subsidiary of Reliance Capital.
• Earlier, Reliance Retail had signed up with payment company Innoviti to accept eRupee payments at scale in their retail outlets.
• eRupee is a digital token equivalent to a banknote, legal tender, and a sovereign currency backed by the RBI. The use of eRupee as a mode of payment removes all the issues of handling physical cash and offers the same anonymity as a banknote.
• Currently, Reliance General Insurance’s physical eRupee QR code is available at their select branches for walk-in customers to scan and pay instantly.

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Business and Economy – Daily Current Affairs April 26

8. Which aviation company recently received a No Objection Certificate from the Ministry of Civil Aviation (MoCA) to start flights?
A) FlyAir
B) Fly91
C) FlyJet
D) SkyFly
E) AirWings
Answer: B) Fly91

• Fly91, which plans to operate a regional carrier, has received the no objection certificate from the Ministry of Civil Aviation.
• The venture Just Udo Aviation Pvt., which will operate flights under the brand ‘Fly91’, is promoted by former Kingfisher Airline’s senior executive Manoj Chacko and former Fairfax India head Harsha Raghavan, among others.
• the regional airline will be headquartered in Goa and will operate a fleet of ATR 72-600 aircraft.
• The venture, which has an initial capital of Rs 200 crore, plans to start operations in the December quarter 2023 with two or three ATR 72-600 aircraft.

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Appointments – Daily Current Affairs April 26

9. Who has been re-appointed as the Managing Director and CEO of City Union Bank by the Reserve Bank of India?
A) Rana Kapoor
B) Aditya Puri
C) Chanda Kochhar
D) N Kamakodi
E) Uday Kotak
Answer: D) N Kamakodi

• The Reserve Bank of India has given its consent for the re-appointment of N Kamakodi as Managing Director and CEO of private sector bank City Union Bank.
• The tenure of his re-appointment would be for a period of three years with effect from May 1, 2023.
• Kamakodi joined the bank as deputy general manager in 2003 and was later elevated to general manager in 2005. In 2006, he was appointed as executive director.
• From May 2011, he was serving the bank as its managing director and chief executive officer.
• Early April 2023, the bank launched a facility for its customers to use Voice Biometric authentication for logging into its mobile banking application.

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10. Who has been elected as the President of the Association of National Exchanges Members of India (ANMI) for the financial year 2023-24?
A) Rakesh Jhunjhunwala
B) Vijay Mehta
C) Uday Kotak
D) Nirmal Jain
E) Sanjay Bhargava
Answer: B) Vijay Mehta

• Stock brokers’ association Association of National Exchanges Members of India (ANMI) said it has elected Vijay Mehta, Chairman of Mefcom Capital Markets Ltd, as its President for the financial year 2023-24. He takes over from the outgoing President Kamlesh Shah.
• Mehta, who is the 28th President of ANMI.
• The Association of National Exchanges Members of India (ANMI) is a grouping comprising around 900 stock brokers from across the country.

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11. Who has taken charge as the Chief Executive Officer of the Association of Asset Reconstruction Companiesin India?
A) Hari Hara Mishra
B) Anand Mahindra
C) Aditya Puri
D) Piyush Gupta
E) Chanda Kochhar
Answer: A) Hari Hara Mishra

• Hari Hara Mishra has taken charge as the Chief Executive Officer of the Association of Asset Reconstruction Companies in India.
• Currently, there are 28 ARCs registered with Reserve Bank of India.
• Mishra, who worked with State Bank of India from 1982 to 2004, Officer, has been associated with Asset Reconstruction Sector since those formative days (2004) till date, in various ARCs in executive and director level roles.

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Awards – Daily Current Affairs April 26

12. Who has been awarded the Meritorious Service Award 2023 by the Indo-Australian Association (IAA)?
A) Amitabh Bachchan
B) Sachin Tendulkar
C) Nawab Mohammed Abdul Ali
D) Ratan Tata
E) Kiran Mazumdar-Shaw
Answer: C) Nawab Mohammed Abdul Ali

• The Indo-Australian Association (IAA) has presented the meritorious service award, 2023, to Prince of ArcotNawab Mohammed Abdul Ali.
• The award was given by Sara Kirlew, Australian Consul General to South India, and Dr Susan Verghese, president, Indo-Australian Association.
• The Prince of Arcot was considered the worthy recipient by IAA for his long association to improve communal peace and harmony and patronage of national and international relations.

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International Affairs – Daily Current Affairs April 26

13. The Department of Consumer Affairs signed a new Work Plan for 2023 with which country’s Federal Ministry for Economic Affairs and Climate Action during the 9th Annual Meeting of the Indo-German Working Group on Quality Infrastructure?
A) France
B) Japan
C) China
D) Germany
E) USA
Answer: D) Germany

• The Department of Consumer Affairs and the German Federal Ministry for Economic Affairs and Climate Action signed the new Work Plan for 2023 during the 9th Annual Meeting of the Indo-German Working Group on Quality Infrastructure.
• The plan was signed In Berlin, Germany on 25 April 2023.
• Indian representative: Smt. Nidhi Khare, Additional Secretary, Department of Consumer Affairs
• The Work Plan 2023 is structured along the key elements of QI, including standardisation, accreditation, conformity assessment, legal metrology, product safety and market surveillance.
• It addresses cross-cutting topics like harmonised global solutions as well as sector-specific cooperation topics, such as digitalisation (Industry 4.0, Artificial Intelligence, cyber security), circular economy, smart farming and machinery safety.

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14. Where will the Quad leadership summit be held on May 24?
A) Tokyo
B) New Delhi
C) Canberra
D) Beijing
E) Sydney
Answer: E) Sydney

• Australia is set to host the third in-person Quad Summit on May 24 in Sydney.
• The Quadrilateral Security Dialogue comprises of India, the US, Japan and Australia.
• The meeting will be attended by Prime Minister Narendra Modi, US President Joe Biden, Prime Minister Kishida Fumio of Japan and Australian Prime Minister Anthony Albanese.
• The Quad was set up in 2017 by the US, Australia, India and Japan to develop a new strategy to keep critical sea routes in the Indo-Pacific region free of any influence.
• Edition: 4th.
• Japan hosted last year’s Quad Leaders’ Summit in Tokyo in May 2022.

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National Affairs – Daily Current Affairs April 26

15. What is the target set by National Medical Devices Policy 2023 for the growth of the medical devices sector in India in the next five years?
A) USD 5 billion
B) USD 10 billion
C) USD 15 billion
D) USD 25 billion
E) USD 50 billion
Answer: E) USD 50 billion

• The Union Cabinet approved National Medical Devices Policy 2023 to promote domestic manufacturing and help the sunrise sector grow from the present USD 11 billion to USD 50 billion in the next five years and reduce import dependence.
• The policy focuses on six strategies to tap the potential of the sector with the ‘implementation of action plan’.
• The six strategies planned under the policy are Regulatory Streamlining; Enabling Infrastructure; Facilitating R&D and Innovation; Attracting Investments in the Sector; Human Resources Development; and Brand Positioning and Awareness Creation.
• The policy aims to place the medical devices sector on an accelerated path of growth with a patient-centric approach to meet the evolving healthcare needs of patients.
• Last year, the government had floated an approach paper on the draft national medical devices policy 2022 for consultation. The market size of the medical devices sector in India is estimated to be USD 11 billion (about Rs 90,000 crore) in 2020 and its share in the global medical device market is projected to be 1.5 per cent.
• The government has already initiated implementation of the PLI Scheme for medical devices and extended support for setting up of 4 medical device parks in Himachal Pradesh, Madhya Pradesh, Tamil Nadu and Uttar Pradesh.
• Under the Production Linked Incentive (PLI) scheme for medical devices, till now, a total of 26 projects have been approved with a committed investment of Rs 1,206 crore and out of this, so far, an investment of Rs 714 crore has been achieved.
• The Union Cabinet has also approved the establishment of 157 new nursing colleges at a cost of Rs 1,570 crore in co-location with existing medical colleges.
• Uttar Pradesh will see the maximum number of colleges (27) being set up, while Rajasthan will have 23 and Madhya Pradesh, 14.

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16. The Finance Ministry has given its approval to upgrade which public sector undertaking to Navratna Central Public Sector Enterprise?
A) Indian Oil Corporation Limited (IOCL)
B) Bharat Heavy Electricals Limited (BHEL)
C) Rail Vikas Nigam Limited (RVNL)
D) Steel Authority of India Limited (SAIL)
E) Oil and Natural Gas Corporation Limited (ONGC)
Answer: C) Rail Vikas Nigam Limited (RVNL)

• Finance Ministry gave its approval to upgrade Rail Vikas Nigam Limited (RVNL) to Navratna Central Public Sector Enterprise (CPSE).
• RVNL, a public sector undertaking under the Ministry of Railways, will be the 13th Navratna amongst CPSEs.
• RVNL is currently categorised as a category I – Miniratna Central Public Sector Enterprise. Incorporated in 2003, RVNL is engaged in the planning, development, and implementation of railway infrastructure projects.
• A consortium of Russia’s CJSC Transmashholding and Rail Vikas Nigam (TMH-RVNL) had in March emerged as the lowest bidder (L1) for the Rs 58,000-crore contract to manufacture and maintain 200 trainsets at Rs 120 crore per unit.
• As per the Navratna Company criteria, the company must have Miniratna status, with 4 independent board directors.

Here’s a list of 13 Navratna CPSEs:

• Bharat Electronics Limited
• Container Corporation of India Limited
• Engineers India Limited
• Hindustan Aeronautics Limited
• Mahanagar Telephone Nigam Limited
• National Aluminium Company Limited
• National Buildings Construction Corporation Limited
• Neyveli Lignite Corporation Limited
• NMDC Limited
• Oil India Limited
• RashtriyaIspat Nigam Limited
• Shipping Corporation of India Limited
• Rail Vikas Nigam

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17. Which minister launched the world’s first liquid Nano DAP, a new nano-fertilizer containing nitrogen and phosphorus?
A) Nitin Gadkari
B) Amit Shah
C) Piyush Goyal
D) Nirmala Sitharaman
E) Rajnath Singh
Answer: B) Amit Shah

• Union home and cooperation minister Amit Shah launched the world’s first liquid Nano DAP – a novel nano fertiliser containing nitrogen and phosphorus – whose use will not only reduce India’s fertiliser import dependence but also take the country towards sustainable farming and increase the farmers’ income by bringing down input cost.
• Nano DAP is the second such variant of fertiliser. Nano Urea was the first one in this series, launched in February, 2021.
• According to the IFFCO due to the use of Nano DAP, farmers can reduce the crop-wise expenditure by 6 to 20 per cent.
• A bottle of 500 ml Nano DAP cost Rs 600 which can replace a 50 kg bag of traditional DAP which costs around Rs 1350. Farmers must mix 2-4 ml of Nano DAP liquid in 1 litre of clean water and spray on crop leaves.
• Earlier Government of India notified Nano DAP on March 2, 2023.
• IFFCO has targeted the production of 18 crore bottles of Nano DAP by the year 2025-26 and 90 LMT of conventional DAP will be reduced.
• Nano DAP contains 8 per cent of nitrogen and 16 per cent of phosphorus.
• The manufacturing units of Nano DAP have been established in Kalol, Gujarat and Paradeep, Odisha by IFFCO which has patents of both the Nano variant of liquid fertilisers.
• The Centre is implementing a Nutrient Based Subsidy (NBS) policy with effect from April 2010 for Phosphatic and Potassic (P&K) fertilisers. Under the policy, a fixed amount of subsidy is provided on P&K fertilisers depending on their nutrient content. The MRP of P&K fertilisers is fixed by manufacturers.

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18. How many wildlife conservation reserves are now there in Rajasthan?
A) 23
B) 25
C) 26
D) 28
E) 30
Answer: C) 26

• On Earth Day 2023, Rajasthan’s Forest Department announced three new conservation reserves that will protect the rare and endangered wildlife of Rajasthan.
• These three new wildlife conservation reserves are Sorsan in Baran, Khichan in Jodhpur, and Hamirgarh in Bhilwara.
• Khichan is also India’s first conservation reserve for Demoiselle cranes.
• With these three new additions, now there are 26 wildlife conservation reserves in Rajasthan.
• Some of the well-known conservation reserves are Bisalpur Conservation Reserve in Tonk, JodbeedGadhwala Bikaner Conservation Reserve in Bikaner, KhetriBansyal Conservation Reserve in Jhunjhunu, and Jawai Bandh Leopard Conservation Reserve in Pali.

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19. Where was the NAMO Medical Education & Research Institute inaugurated by Prime Minister Narendra Modi?
A) New Delhi
B) Mumbai
C) Kolkata
D) Silvassa
E) Hyderabad
Answer: D) Silvassa

• The Prime Minister also laid the foundation stone and dedicated 96 projects worth more than Rs. 4850 crores to the nation at Sayli ground, Silvassa.
• Prime Minister Narendra Modi inaugurated the NAMO Medical Education & Research Institute at Silvassa town in the Union Territory of Dadra and Nagar Haveli.
• After inaugurating the medical college, the first in the Union Territory, he inspected facilities on the campus.
• The Prime Minister visited and dedicated NAMO Medical Education & Research Institute in Silvassa, the foundation stone of which was also laid by the Prime Minister himself in January 2019.
• The projects include government schools at Morkhal, Kherdi, Sindoni and Masat of Dadra and Nagar Haveli District; government schools at Ambawadi, Pariyari, Damanwada, Khariwad and Government Engineering College, Daman; beautification, strengthening and widening of various roads in Dadra and Nagar Haveli district; fish market and shopping complex at Moti Daman and Nani Daman and augmentation of water supply scheme in Nani Daman among others.

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