Daily Current Affairs April 26

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 26. 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.

TO PURCHASE OUR BANKING AWARENESS (2021 Edition) – CLICK HERE

April 26 | Daily Current Affairs 2024

Important Days – Daily Current Affairs April 26

1. What is the significance of International Chernobyl Disaster Remembrance Day?
A) To celebrate advancements in nuclear technology
B) To mark the end of nuclear power usage
C) To remember the lives lost in the Chernobyl disaster and raise awareness
D) To focus on the economic growth of affected areas
E) To promote tourism in Chernobyl
Answer: C) To remember the lives lost in the Chernobyl disaster and raise awareness

Event and Location:

• Event: International Chernobyl Disaster Remembrance Day
• Location: Commemorated globally, but pertains to Chernobyl, Ukraine

Mandates and Objectives:

• The day serves as a remembrance for the lives lost due to the nuclear disaster at Chernobyl.
• It is aimed at raising awareness about the ongoing challenges faced by the affected areas and the long-term consequences of the disaster.
• It underscores the need for stringent safety measures at nuclear power plants to prevent such catastrophes in the future.

Important Terms Explained:

• Chernobyl Disaster: A catastrophic nuclear accident that occurred on April 26, 1986, at the Chernobyl Nuclear Power Plant in Ukraine. It resulted in the release of large amounts of radioactive material spread over much of Europe.
• Radioactive Exposure: Contact with or exposure to ionizing radiation, which can damage living tissue and DNA, leading to burns, radiation sickness, cancer, and death.

Static GK Information:

Tabular Summary:

---

2. What is the theme for World Intellectual Property Day 2024?
A) IP for Economic Growth
B) IP and the SDGs: Building Our Common Future with Innovation and Creativity
C) Protecting IP, Protecting Creativity
D) IP and Global Health
E) Creativity for a Sustainable Future
Answer: B) IP and the SDGs: Building Our Common Future with Innovation and Creativity

Event and Location:

• Event: World Intellectual Property Day
• Location: Celebrated Globally

Mandates and Objectives:

• World Intellectual Property Day aims to spread awareness about the importance of intellectual property (IP) rights.
• The day highlights how IP rights encourage innovation and creativity, driving human progress.
• It also emphasizes the need for IP protection to protect creators’ rights and the public interest.

Important Terms Explained:

• Intellectual Property (IP): Legal rights that result from intellectual activity in the industrial, scientific, literary, and artistic fields. These rights allow creators to gain recognition or financial benefit from what they invent or create.
• World Intellectual Property Organization (WIPO): A specialized agency of the United Nations dedicated to developing a balanced and accessible international IP system, which rewards creativity, stimulates innovation, and contributes to economic development while safeguarding the public interest.
• Paris Convention for the Protection of Industrial Property: An international agreement made in 1883 to provide protection of intellectual property that includes patents, trademarks, and industrial designs.

Static GK Information:

Tabular Summary:

---

Sports – Daily Current Affairs April 26

3. Who was elected as the chairman of the Wrestling Federation of India’s Athletes’ Commission?
A) Sushil Kumar
B) Bajrang Punia
C) Narsingh Yadav
D) Vinesh Phogat
E) Sakshi Malik
Answer: C) Narsingh Yadav

Event and Location:

• Event: Election of Narsingh Yadav as chairman of the Wrestling Federation of India’s Athletes’ Commission.
• Location: India

Mandates and Objectives:

• The formation of the Athletes’ Commission was mandated by United World Wrestling (UWW) as part of reforms to address grievances within the Wrestling Federation of India (WFI).
• The commission is intended to provide a platform for athletes to voice concerns and participate in the governance of wrestling in India.

Important Terms Explained:

• Athletes’ Commission: A body within a sports organization composed of athletes who are elected to represent the interests and protect the rights of their fellow athletes.
• United World Wrestling (UWW): The international governing body for the sport of wrestling, which oversees regulations and competitions worldwide.

Static GK Information:

Tabular Summary:

---

Obituary – Daily Current Affairs April 26

4. What was a major area of contribution by Sudhir Kakar in the field of psychology?
A) Merging Western psychoanalysis with Indian cultural context
B) Founding the Indian Society of Behavioural Scientists
C) Developing new psychological testing methods
D) Introducing cognitive behavioral therapy in India
E) Leading pharmaceutical advancements in mental health
Answer: A) Merging Western psychoanalysis with Indian cultural context

Event and Location:

• Event: Passing away of Sudhir Kakar, a prominent figure in Indian psychology.
• Location: India

Mandates and Objectives:

• Sudhir Kakar’s work aimed to bridge the gap between Western psychoanalysis and Indian cultural practices and perspectives, providing a more contextual understanding of the Indian psyche.
• His contributions include challenging Eurocentric views and fostering a culturally sensitive approach in psychological studies and practices in India.

Important Terms Explained:

• Psychoanalysis: A psychological theory and therapy that aims to treat mental disorders by investigating the interaction of conscious and unconscious elements in the mind.
• Indian Culture and Psychology: Kakar’s work focused on integrating the nuances of Indian cultural identity and behaviors into the broader framework of psychological analysis.

Static GK Information:

Tabular Summary:

---

Banking and Finance – Daily Current Affairs April 26

5. What significant regulatory requirement must ESG rating providers meet according to the Securities and Exchange Board of India (SEBI)?
A) They must operate independently of financial institutions.
B) They must have a global presence.
C) They must obtain a certificate from SEBI to operate.
D) They must only track companies within India.
E) They must partner with an international rating agency.
Answer: C) They must obtain a certificate from SEBI to operate.

Event and Location:

• Event: SEBI’S approval of CRISIL’S ESG ratings unit as a Category 1 provider
• Location: India

Mandates and Objectives:

• SEBI’S regulation requires ESG rating providers to obtain certification to operate within India, ensuring that these ratings are standardized and reliable.
• This certification is part of an effort to enhance transparency and accountability in ESG rating practices, aligning them with both Indian conditions and global best practices.
• The new provisions aim to channel investments into sustainable growth by providing investors and issuers with dependable ESG ratings.

Important Terms Explained:

• ESG Ratings: Scores that reflect a company’s adherence to environmental, social, and governance criteria, influencing investment decisions based on corporate sustainability and ethical practices.
• SEBI (Securities and Exchange Board of India): The regulator for the securities market in India, tasked with protecting the interests of investors in securities and promoting the development of, and regulating, the securities market.

Static GK Information:

Tabular Summary:

---

6. What are the annual fees for the SBI Card MILES ELITE?
A) Rs 1,499
B) Rs 2,999
C) Rs 4,999
D) Rs 12,000
E) Rs 15,000
Answer: C) Rs 4,999

Event and Location:

• Event: Launch of three new credit card variants in the travel category by SBI Card
• Location: India

Mandates and Objectives:

• The introduction of the SBI Card MILES variants aims to cater to the diverse needs of travelers, providing benefits such as the conversion of travel credits to air miles and hotel points, accelerated rewards on travel bookings, and airport lounge access.
• The cards are designed to enhance travel experiences for users by offering flexible redemption options through a wide network of airline and hotel partners.

Important Terms Explained:

• Travel Credits: Points earned on travel-related expenses that can be converted into air miles or hotel points or used for booking flights and hotels directly.
• Air Miles: Reward points earned through airline loyalty programs that can be redeemed for air travel.

Static GK Information:

Tabular Summary:

---

7. What is the primary objective of the RBI’s proposed norms for lending service providers (LSPs)?
A) To decrease the number of loans offered by LSPs
B) To increase the competition among lenders
C) To ensure complete transparency for borrowers
D) To reduce the interest rates on loans
E) To promote specific lenders over others
Answer: C) To ensure complete transparency for borrowers

Event and Location:

• Event: RBI proposing tighter norms for lending service providers (LSPs)
• Location: Mumbai, India

Mandates and Objectives:

• The Reserve Bank of India aims to increase transparency in the loan aggregation process facilitated by LSPs.
• The draft norms require that borrowers have prior information about potential lenders and loan terms to make informed decisions.
• The framework ensures that LSPs present unbiased and complete data regarding loan offers, including lender identity, loan terms, and Annual Percentage Rate (APR).

Important Terms Explained:

• LSP (Lending Service Provider): Entities that facilitate the aggregation and comparison of various loan products offered by different lenders to potential borrowers.
• APR (Annual Percentage Rate): A comprehensive measure of the cost of borrowing, which includes the interest rate and other related fees, expressed as a yearly rate.

Static GK Information:

Tabular Summary:

---

8. What are some of the criteria set by the RBI for small finance banks (SFBs) to transition to universal banks?
A) High non-performing asset (NPA) ratios
B) Minimum net worth of ₹1,000 crore
C) Loss in the last two financial years
D) Concentrated loan portfolio
E) Minimum net worth of ₹500 crore
Answer: B) Minimum net worth of ₹1,000 crore

Event and Location:

• Event: RBI’s announcement of a roadmap for the transition of SFBs to universal banks
• Location: Mumbai, India

Mandates and Objectives:

• The RBI aims to provide a structured pathway for small finance banks to upgrade to universal banks, enhancing their operational scope and financial stability.
• The criteria for this transition include maintaining a minimum net worth of ₹1,000 crore, achieving net profit in the last two financial years, maintaining a low non-performing asset (NPA) ratio, and having a diversified loan portfolio.

Important Terms Explained:

• Universal Bank: A type of bank that offers a wide range of financial services, which may include investment, commercial, and retail banking.
• Small Finance Bank (SFB): These banks provide basic banking services to the unbanked sections of society, including small businesses, marginal farmers, micro and small industries, and the unorganized sector.

Static GK Information:

Tabular Summary:

---

 

Awards – Daily Current Affairs April 26

9. Which actor has been honored with the Lata Deenanath Mangeshkar Award for his role in the film “Swatantrya Veer Savarkar”?
A) Amitabh Bachchan
B) Shah Rukh Khan
C) Ranbir Kapoor
D) Randeep Hooda
E) Aamir Khan
Answer: D) Randeep Hooda

Event and Location:

• Event: Awarding of the Lata Deenanath Mangeshkar Award to Randeep Hooda
• Location: Dinanath Mangeshkar Natyagrih, Mumbai

Mandates and Objectives:

• The Lata Deenanath Mangeshkar Award is presented to individuals for their exceptional contributions to Indian cinema.
• This year, the award recognized Randeep Hooda for his contributions as an actor and director in the film “Swatantrya Veer Savarkar,” a biopic portraying Vinayak Damodar Savarkar, an important figure in India’s struggle for independence.

Important Terms Explained:

• Lata Deenanath Mangeshkar Award: An award named after Lata Mangeshkar and her father, Deenanath Mangeshkar, to honor individuals for their outstanding contributions to Indian cinema and other fields.
• Vinayak Damodar Savarkar: A prominent and controversial leader in the Indian independence movement, known for his advocacy of Hindu nationalism.

Static GK Information:

Tabular Summary:

---

Defence – Daily Current Affairs April 26

10. What is the main capability enhancement provided by the air-launched ballistic missile, ROCKS or Crystal Maze 2, tested by the Indian Air Force?
A) Increase in air-to-air combat efficiency
B) Extended stand-off range for striking targets
C) Enhanced underwater attack capability
D) Improved satellite communication
E) Advanced weather forecasting technology
Answer: B) Extended stand-off range for striking targets

Event and Location:

• Event: Successful test-firing of the ROCKS or Crystal Maze 2 missile
• Location: Andaman and Nicobar Islands

Mandates and Objectives:

• The test aims to enhance the Indian Air Force’s stand-off capabilities, enabling it to strike high-value targets from extended ranges over 250 kilometers.
• This capability is particularly important for operations in GPS-denied environments, ensuring precision and effectiveness in critical military scenarios.

Important Terms Explained:

• ROCKS or Crystal Maze 2: An air-launched ballistic missile of Israeli origin designed for extended stand-off range attacks on stationary and relocatable targets, including in environments where GPS is denied.
• GPS-denied environments: Scenarios where GPS signals are unavailable or unreliable, typically due to jamming or other forms of electronic warfare, which necessitates alternative guidance systems for weapons.

Static GK Information:

Tabular Summary:

---

11. What key concept did the SCO Defence Ministers’ meeting endorse, as emphasized by the Indian Defence Secretary?
A) Zero tolerance for cyber warfare
B) Economic collaboration without borders
C) ‘One Earth, One Family, One Future’
D) Military alliances with non-SCO states
E) Expansion of SCO membership
Answer: C) ‘One Earth, One Family, One Future’

Event and Location:

• Event: SCO Defence Ministers’ Meeting
• Location: Astana, Kazakhstan

Mandates and Objectives:

• The meeting focused on enhancing cooperation among SCO member states, particularly in maintaining regional peace, stability, and security.
• The Defence Ministers endorsed the concept of ‘One Earth, One Family, One Future’, which reflects a commitment to shared responsibility and mutual development.

Important Terms Explained:

• SCO (Shanghai Cooperation Organisation): A political, economic, and security alliance that includes several Asian countries, aiming to enhance regional stability and cooperation.
• Vasudhaiva Kutumbakam: An ancient Indian philosophy meaning ‘the world is one family’, which underscores a universal approach to world peace and human relations.
• SAGAR (Security and Growth for All in the Region): An initiative proposed by India aiming to promote regional collaboration and stability in the Indo-Pacific region.

Static GK Information:

Tabular Summary:

---

 

National Affairs – Daily Current Affairs April 26

12. What is the primary function of the Green Hydrogen Pilot Project inaugurated by SJVN in Himachal Pradesh?
A) To provide residential heating solutions
B) To produce green hydrogen for electricity generation and industrial applications
C) To serve as a tourism attraction
D) To test agricultural applications of green hydrogen
E) To increase local employment through manufacturing
Answer: B) To produce green hydrogen for electricity generation and industrial applications

Event and Location:

• Event: Inauguration of India’s first multi-purpose Green Hydrogen Pilot Project
• Location: Nathpa Jhakri Hydro Power Station (NJHPS), Himachal Pradesh

Mandates and Objectives:

• The project aims to produce green hydrogen to be used for electricity generation and various industrial applications, supporting the energy needs of the region.
• It aligns with the National Green Hydrogen Mission, focusing on developing infrastructure for green hydrogen production in the power sector and promoting it as a clean energy source.

Important Terms Explained:

• Green Hydrogen: Hydrogen produced by splitting water into hydrogen and oxygen using renewable energy sources, without emitting carbon dioxide in the process.
• Alkaline Electrolyzer: A device that uses electricity to split water into hydrogen and oxygen, here utilized for generating hydrogen using power from renewable sources.

Static GK Information:

Tabular Summary:

---

13. Why is the ‘Navratna’ status important for IREDA, the public sector green financier?
A) It allows IREDA to increase its share price in the market significantly.
B) It grants IREDA greater autonomy and flexibility in investment decisions.
C) It requires IREDA to diversify its investments into non-renewable resources.
D) It limits IREDA’s operations to domestic projects only.
E) It changes IREDA’s status to a private sector entity.
Answer: B) It grants IREDA greater autonomy and flexibility in investment decisions.

Event and Location:

• Event: IREDA granted ‘Navratna’ status
• Location: India

Mandates and Objectives:

• The ‘Navratna’ status empowers IREDA to make larger investments (up to ₹1,000 crore) without central government approval, enhancing its operational flexibility and enabling quicker decision-making.
• This status allows for greater financial autonomy, including the ability to allocate up to 30% of net worth annually in investments, participate in joint ventures, form partnerships, and establish subsidiaries abroad.

Important Terms Explained:

• Navratna Status: A recognition granted by the Indian government to elite public sector undertakings that exhibit exceptional financial and operational strength, granting them enhanced autonomy and privileges.
• IREDA (Indian Renewable Energy Development Agency): A non-banking financial institution under the Ministry of New and Renewable Energy, focused on financing projects that utilize new and renewable energy sources.

Static GK Information:

Tabular Summary:

---

---

Over All Review

DOWNLOAD TODAY’S CURRENT AFFAIRS PDF – CLICK HERE

You Must Also Read Daily Current Affairs April 25