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Here 29 April, 2024 Headlining events such as: Commercial Paper, RBI Guidelines, Regional Cambridge Dedicated Teacher Award, Hitachi Payment Services, Iraq Enacts Harsh Anti-LGBT Legislation, International Dance Day 2024 to become familiar with etc. Daily GK updates is given। After reading about these events, you can current affairs quiz can also practice।
Banking Awareness and Static Awareness questions asked in General Awareness section are mainly based on current affairs.। So you need to prepare this section well to score good marks.General Awareness section plays an important role in scoring more than the cut off marks in any competitive exam.।
Top 18 Daily GK Updates: National & International News
Below are the top 18 important Daily General Knowledge 2023 updates with national and international news.
banking
Reserve Bank of India (RBI) highly rated Non-Banking Financial Companies (NBFCs) The decision to increase the risk weight on bank loans to banks has led to a significant increase in the issuance of quarterly commercial paper. Coupled with investor confidence and diverse funding sources, this has pushed CP issuance by NBFCs to a four-and-a-half-year high in January-March 2024. ₹1.2-lakh crore Has reached till.
NBFCsThe RBI's mandate to increase the risk weighting on bank loans, especially for those with higher ratings, has led to the issuance of commercial papers. This regulatory measure has prompted NBFCs to explore alternative funding avenues, resulting in an increase in CP issuance.
RBI guidelines for SFBs converting into universal banks
The Reserve Bank of India (RBI) has issued guidelines for Small Finance Banks (SFBs) wishing to convert to Universal Banks, providing a path for conversion. This voluntary conversion is subject to specific criteria prescribed by the RBI.
To be eligible for conversion, SFBs must have a minimum net worth of Rs 1,000 crore, a satisfactory performance track record of at least five years and listed status. They must also maintain gross non-performing assets (NPAs) of 3% or less and net NPAs of 1% or less in the last two financial years. Additionally, they must have recorded net profits in the same period and must have met the prescribed capital adequacy norms.
RBI starts transition plan: Know the main guidelines
The Reserve Bank of India (RBI) has issued comprehensive guidelines outlining the voluntary transition route for small finance banks (SFBs) wishing to become universal banks. These guidelines prescribe specific eligibility criteria and procedural requirements for such changes with the objective of ensuring financial stability and operational effectiveness in the banking sector.
To qualify for conversion, SFBs will have to meet stringent criteria including minimum net worth of ₹1,000 crore, sustained profitability in the last two financial years, low non-performing asset (NPA) ratio and a diversified loan portfolio. Additionally, listed status on a recognized stock exchange and must maintain a satisfactory track record of performance for at least five years.
Business
Hitachi Payment Services introduces upgradeable ATMs in India
Hitachi Payment Services has unveiled new upgradeable ATMs in India, allowing banks to adapt their machines into cash recycling machines (CRMs) as per emerging needs. Manufactured under the 'Make in India' initiative, these ATMs provide flexibility and efficiency to banks, potentially revolutionizing the Indian ATM industry.
These upgradeable ATMs enable banks to protect their investments and expand services, including cash deposit facilities, depending on business needs and market conditions. They eliminate the need for costly replacements and lengthy installations, ensuring banks are future-ready for changing market requirements.
award
Sharjah teacher Gina Justus wins regional Cambridge Dedicated Teacher Award
An English high school teacher at Sharjah Girls Branch in the United Arab Emirates (UAE) gina justus prestigious to 2024 Cambridge Dedicated Teacher Awards In Middle East and North Africa (MENA) A regional winner has been named for the region.
The 2024 Cambridge Dedicated Teacher Awards received an unprecedented number of nominations, with over 14,840 submissions from 141 countries around the world. Justus' recognition as a regional winner in the MENA region is a testament to its extraordinary contribution to the field of education.
National
Government ties up with SBI Card and telecom companies to tackle OTP fraud
The Home Ministry has joined hands with SBI Cards and select telecom operators to address the growing issue of one-time password (OTP) frauds. In view of the increasing phishing attacks targeting bank customers, a solution is being developed to alert individuals about possible OTP theft.
Under this initiative, the government is currently testing geolocation tracking solutions in partnership with banks. The goal of this technology is to track both the registered address and the delivery location of the OTP. If significant differences are found between the two locations, customers will receive alerts warning of potential phishing attempts.
international
China's increasing share in India's industrial goods imports
India's growing dependence on Chinese industrial goods presents significant economic and security concerns, with China's share in New Delhi's imports increasing from 21% to 30% over the past 15 years. This situation calls for a strategic reassessment of import strategies to promote diverse and flexible supply chains.
Major sectors with substantial increase in import dependence include electronics, telecommunications, machinery, chemicals, pharmaceuticals, iron, steel, base metals, plastics, textiles, automobiles, medical devices, leather, paper, glass, ships and aircraft.
Iraq made strict law on homosexual relations, there will be a punishment of 15 years
Iraq's parliament recently passed a tough law criminalizing homosexual relations, with a maximum penalty of 15 years in prison. The law bans the promotion of prostitution and homosexual relations “in any form” in Iraq.
Under prostitution and homosexuality laws, engaging in same-sex relations is punishable by a minimum prison term of 10 years, rising to 15 years. Advocating homosexuality or prostitution is punishable by a minimum sentence of seven years. Additionally, individuals who change their “biological sex” or dress face one to three years in prison.
Iran unveils kamikaze drone similar to Russian Lancet
Iranian Islamic Revolutionary Guard Corps (IRGC) has A new kamikaze drone that looks like Russia's Lancet drone Have presented. This drone, which has not yet been publicly named, is designed for targeted strikes, similar to those seen in the Ukraine conflict.
Like the Lancet, the Iranian drone claims a flight duration of 30 to 60 minutes and can carry a payload of 3 to 6 kg while covering a distance of up to 40 km. Equipped with electro-optical systems and a built-in warhead, it is optimized for ambush combat.
important day
International Dance Day 2024: 29 April
international dance dayevery year 29 April , which stands as a global tribute to the art of dance. An essential partner of UNESCO in the field of performing arts, International Theater Institute (ITI) Conceived by the dance committee of Jean-Georges Noverre (1727–1810) It commemorates the birth of , who is revered as the progenitor of modern ballet.
The essence of International Dance Day lies in promoting participation and knowledge in dance through a myriad of events and festivals organized across the world on this important date. These celebrations aim to raise awareness of the importance of dance as an art form and promote its cultural significance across diverse communities.
International Jazz Day 2024: 30 April
international jazz dayevery year 30 April is a global event that celebrates the power of jazz to bring people together and promote peace, unity and inter-cultural dialogue. This year is an important milestone because Tangier city, Morocco Becomes the first African host city for the global festival.
International Jazz Day 2024 version It will be celebrated in more than 190 countries, with the city of Tangier serving as the global host. It is the first time a city on the African continent has hosted the event, highlighting the region's rich cultural heritage and jazz traditions.
Appointment
Sunil Kumar Yadav (IRS) appointed as Director, Ministry of Housing and Urban Affairs
The Ministry of Housing and Urban Affairs (MoHUA) has welcomed a new member to its leadership team. Indian Revenue Service (IRS) officer Sunil Kumar Yadav has been appointed Director of the Ministry of Housing and Urban Affairs.
According to an order issued by the Department of Personnel and Training (DoPT), Sunil Kumar Yadav was appointed under the Central Staffing Scheme. The order specifies that Yadav's tenure as Director of MoHUA will be for a period of five years from the date of assumption of charge or until further orders, whichever comes first.
Ishaq Dar becomes the new Deputy PM of Pakistan
Pakistan Prime Minister Shehbaz Sharif has appointed Foreign Minister Ishaq Dar as the Deputy Prime Minister of the country with immediate effect. Dar's appointment was announced when PM Shehbaz Sharif visited Saudi Arabia to attend the World Economic Forum.
Ishaq Dar is considered a confidant of Nawaz Sharif. He has also been the Finance Minister several times in the previous governments of Pakistan. Ishaq Dar is ethnic Kashmir. That means Ishaq Dar's ancestors lived in Kashmir Valley.
death
Yakshagan artist Subramanya Dhareshwar passes away
The world of Yakshagana, Karnataka's traditional theater form, has lost a prominent figure. Senior and renowned Yakshagana 'Bhagavat' (background singer) Subrahmanya Dhareshwar passed away in Bengaluru. He was 66 years old.
Born on September 5, 1957, at Kirimangeshwar in Kundapura taluk of Udupi district, Dhareshwar belonged to a family with deep connections to Yakshagana. His father, Lakshminarayan Bhat, was an amateur Yakshagana artiste, which instilled in him a passion for the art form from an early age.
Important current affairs of 29 April 2024
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29th April | Current Affairs 2024 | Current Affairs Today | Current Affairs by Ashish Gautam
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