Daily Banking Current Affairs of 20-21 April 2015 | Daily Current Affairs Update of 20-21 April 2015

Daily Banking Current Affairs of 20-21 April 2015 | Daily Current Affairs Update of 20-21 April 2015

1. Bollywood actor Priyanka Chopra-starrer Mary Kom, directed by Omung Kumar, has been named best film at the Stockholm International Film Festival Junior in Sweden. The biopic, based on the life of Olympic medal-winning Indian boxer Mary Kom, was awarded the Bronze Horse award, the highest honour of the festival.

2. Sitaram Yechury was unanimously elected CPI (M)’s new General Secretary to replace Prakash Karat, who has completed his three year term as General Secretary of the party. Yechury thus become the fifth General Secretary of CPI (M) in its fifty years of history. He represents West Bengal for CPI (M) in the Rajya Sabha.

3. State Government of Kerala launched Subodham project, to help people in the state to overcome addiction to liquor. The project was launched by Chief Minister Oommen Chandy and Art of Living Foundation founder Sri Sri Ravishankar in Kochi. Subodham aims to wipe out the menace of substance addiction from society and to free one lakh people each year from alcohol addiction, through comprehensive, systematic awareness campaigns. The project seeks to achieve the ambitious target of making the state totally alcohol free over the next ten years.

4. Bollywood superstar Shahrukh Khan was honoured with the prestigious ‘Outstanding Contribution to Cinema’ award at the 5th annual Asian Awards in London. Whereas at the prestigious 5th Asian Awards NRI industrialists Hinduja brothers S.P. Hinduja and G.P. Hinduja have won the Business Leader of the Year 2015 award for their outstanding achievement in the field of business.

5. Britain’s swimmer Adam Peaty has broken the men's 100-meter breaststroke world record, clocking 57.92 seconds at the British championships at the London Aquatic Centre. The 20-year-old Peaty beat the previous record of 58.46 set by South African Cameron van der Burgh in the same venue at the 2012 Olympics.
Daily Banking Current Affairs of 20-21 April 2015
Daily Banking Current Affairs of 20-21 April 2015
6. The International Paralympic Committee (IPC) has suspended the Paralympic Committee of India (PCI) for indefinite period. IPC’s this move came after PCI had provided shoddy treatment to athletes during the National Para-Athletics Championships held in Ghaziabad from March 20 to 22, 2015. This is second time PCI has been suspended by PCI. With this suspension, Indian para-athletes will not be able to participate in any IPC-sanctioned competition, including 2016 Paralympic Games at Rio de Janeiro.

7. The annual trade deficit for India for fiscal year 2014-15 increased by $1.2 billion to touch $137 billion. The figure stood at $135.8 billion during 2013-14. During 2014-15, India’s merchandise exports declined 1.2% to $310.5 billion, while imports were down 0.6%, at $447.6 billion.

8. Formula One world champion Lewis Hamilton, representing Mercedes, won the Bahrain Grand Prix for the second year in a row. Ferrari’s Kimi Raikkonen (Finland) clinched second place while Nico Rosberg (Germany) came at third place.

9. India’s Y. Pranjala has won the Asian Junior Tennis championship title. In the final match played at New Delhi she defeated China’s Zheng Wushuang with a 5-7, 6-2, 7-5 scoreline.

10. India and China held their first consultations on disarmament, non-proliferation and arms control, adding a new element in their bilateral dialogue mechanism ahead of Prime Minister Narendra Modi's visit in China next month. The Indian delegation headed by Amandeep Singh Gill, Joint Secretary Disarmament and International Affairs of the External Affairs Ministry held talks with Wang Qun, Director General of the Arms Control Department of the Chinese Ministry of Foreign Affairs. Discussions were cordial and substantive and covered all current items on the international disarmament and non- proliferation agenda, including export controls.

11. Supreme Court appoints CBI SP to head team probing IPL scandal. The Supreme Court has inducted Vivek Priyadarshi, a CBI SP to be part of the probe panel looking into the role of former IPL COO Sundar Raman in IPL spot-fixing and betting scam in 2013. Priyadarshi replaced B.B. Mishra, who retired recently.

12. The Union Ministry for Development of North East Region (DoNER) has received the Web Ratna Award 2014 for outstanding website content. This award is given by Information Technology Ministry.

13. The World Bank Group and a broad coalition of partners, including the State Bank of India, have made commitments that will help promote financial inclusion and achieve universal financial access by the year 2020. Galvanizing private-sector investment and innovation to accelerate universal financial access, including through enabling policy and regulatory frameworks, was the focus of a flagship event at the World Bank headquarters.

14. Jaroslav Holik, an offensive forward who helped Czechoslovakia win a hockey world title and an Olympic bronze medal in 1972, has died. He was 72.

15. The Reserve Bank of India (RBI) came out with an important proposal pertaining to term deposits. It proposed to allow banks to offer differential interest rates for term deposits. The RBI allowed banks to offer differential interest rates, based on whether their term deposits are with or without a premature withdrawal facility. According to RBI’s proposal, all term deposits of individuals held singly or jointly of Rs.15 lakh and below should have such a facility.

16. India has clinched three awards in the annual awards given by Asian Squash Federation (ASF). India's men's team which won the gold medal at the 2014 Incheon Asian Games has been nominated for the Asian Squash Federation's (ASF) "Outstanding Team of the Year" award. Cyrus Poncha, the coach of the team, was declared the winner of the "Coach of the year award" for the team event.

17. According to the Economist Intelligence Unit (EIU) the Indian economy is expected to grow at an average annual rate of 7.1 per cent through 2019, but reform measures announced by the government are no more than incremental improvements. EIU, which is the research-arm of the London-based publication, The Economist, credited strengthening of the economy to lower oil prices, saying this has eased structural problems associated with high inflation.

18. Pakistan and Russia have agreed to hold first-ever joint military exercises as part of their enhanced defence cooperation, in a sign of increasing bonhomie between the Cold War-era adversaries. The agreement was reached during a meeting in Moscow between Pakistan Defence Minister Khawaja Asif and his Russian counterpart Sergei Shoigu. The two ministers agreed to increase military cooperation in training and import of arms and equipment.

19. Reliance Industries regained its status as the most profitable Indian company after posting an 8.5 per cent rise in consolidated net profit for the March quarter. The operator of the world's biggest refining complex reported a net profit Rs. 6,381 crore for the three months to March, 2015. RIL had lost its crown as India's most profitable firm to outsourcing giant TCS in the December quarter.
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