Banking & Finance

If you're still looking for that one person who will change your life, then look in the mirror. If you're still looking for that one person who will change your life, then look in the mirror. Complete Revision of April 2020 Sattar(70) Minute, Best 140 MCQs in 70 Minutes sattar min hai tumhare paas. zindagi ki sabse badiya answer (Covid-19 Special) de gye.. tho yeh satar min khuda bhi tumse vapas nahin 1st May (Friday) at 10 AM maang saktha. ➢ Download PDF from Description Box Today’s TNA

1. News: Covid-19 2. Appointments 3. State in News 4. National & International News 5. BANKING & FINANCE 6. MCQs Revision 7. Science & Tech Summits

➢ Union Minister of External Affairs S. Jaishankar joins his counterparts from Brazil, Russia, China, and South Africa for a meeting on 28 April.

• The foreign ministers of BRICS member countries will hold an extraordinary video conference to discuss ways to jointly combat the coronavirus pandemic.

• The event will be chaired by Sergey Lavrov, the Russian Foreign Minister.

• The Ministerial video conference will be hosted by Russia, who is the current rotating head of the BRICS. Banking & Finance

➢ The Asian Development Bank on 28th April said it has approved USD 1.5 billion (about Rs 11,400 crore) loan to India to help fund its fight against coronavirus pandemic.

➢ The loan has been sanctioned with a view to support immediate priorities such as disease containment and prevention, as well as social protection for the poor and economically vulnerable sections.

• Membership: 68 countries • Founded: 19 December 1966 Banking & Finance

➢ Small Industries Development Bank of India launched a special liquidity scheme for Micro, Small and Medium Enterprises through banks including Small Finance Banks, Non-Banking Financial Companies including fintech NBFCs and Microfinance Institutions.

• Tenor of these loans will be 90 days.

• 25000 cr. to NABARAD. • 10000 cr. to NHB • 15000 cr to SIDBI Banking & Finance

➢ Reserve Bank of India has announced a ₹50,000-crore special liquidity facility for mutual funds to calm investor sentiment in the aftermath of Franklin Templeton Mutual Fund winding up six debt funds

• The money is available to banks which can borrow the 90-day funds from RBI’s at the current repo rate of 4.4% and use it to exclusively on-lend to mutual funds or purchase investment grade corporate papers held by MFs.

• The scheme will be available from 27 April till 11 May Question. Which country recently launched its first military satellite ‘NOOR’?

Question. हाल ही मᴂ किस देश ने अपना पहला सैन्य उपग्रह OR NOOR ’लॉन्च किया? a) Israel b) Palestine c) Iraq d) Afghanistan e) Iran Question. Which country recently launched its first military satellite ‘NOOR’?

Question. हाल ही मᴂ किस देश ने अपना पहला सैन्य उपग्रह OR NOOR ’लॉन्च किया? a) Israel b) Palestine c) Iraq d) Afghanistan e) Iran Banking & Finance

➢ Reserve Bank of India has extended the term of appointment of Madhavan Menon as the Chairman of the Bank till July 21, 2020. Extension is in terms of Section 10B (1A) (i) of the Banking Regulation Act, 1949.

• CSB Headquarters- Thrissur, Kerala. Science & Tech

➢ The Central University of Punjab, Bathinda (CUPB) has launched a “unique” COVID-19 information portal at CUPB City Campus, on which most of the “authentic information and sources are available for the references, research, and common understanding of the phenomenon.”

➢ Portal: https://cupcovid19.info Science & Tech

➢ NTPC Ltd, India's largest power producer and a central PSU under Ministry of Power, has invited Global Expression of Interest to provide 10 Hydrogen Fuel Cell based electric buses and an equal number of Hydrogen Fuel Cell based electric cars in Leh and Delhi

➢ The move to launch hydrogen powered vehicles aims at decarbonizing mobility segment.

• NTPC Ltd Founded: 7 November 1975. • NTPC Ltd Headquarters: New Delhi, India. • Chairman & MD NTPC Ltd: Gurdeep Singh. Question. L&T Finance Holdings has sold its wholly-owned subsidiary L&T Capital Markets (LTCM) to ______for Rs 230 crore.

Question. एलएंडटी फाइनᴂस होल्ड嵍ं स ने अपनी पूर् ण स्वामम配व वाली सहायि िं पनी एलएंडटी िै पपटल मािे 絍स (LTCM) िो ______मᴂ 230 िरो蔼 셁पये मᴂ बेच ददया है a) Angel Broking b) Kotak Securities c) Edelweiss Group d) IIFL Wealth Finance e) Motilal Oswal Question. L&T Finance Holdings has sold its wholly-owned subsidiary L&T Capital Markets (LTCM) to ______for Rs 230 crore.

• Karan Bhagat is Founder, Managing Director and Chief Executive Officer of IIFL Investment Managers Economy

➢ India Ratings has further slashed its growth expectations for the economy to 1.9% for the ongoing fiscal, down from 3.6% in March.

➢ This will be the lowest GDP growth in the last 29 years and assumes that the partial lockdown will continue till mid-May. Question. Confederation of Indian Industry (CII) has projected India’s GDP likely to grow between ______in FY21. a) 0% and ).5% b) -0.9% and 1.5% c) -0.5% and 2.5% d) -0.2% and 1.9% e) 1.5% and 2.8% Question. Confederation of Indian Industry (CII) has projected India’s GDP likely to grow between ______in FY21. ➢ Moody-2.5% ➢ India Ratings & Research-3.6% to 1.9% a) 0% and ).5% ➢ ICRA-2% b) -0.9% and 1.5% ➢ Goldman Sachs-1.6% c) -0.5% and 2.5% ➢ ADB– 4% d) -0.2% and 1.9% ➢ UN- 4.8% e) 1.5% and 2.8% ➢ Fitch-0.8% ➢ World Bank: 1.5% to 2.8% ➢ SBI: 1.1 % ➢ IMF: 1.9 % ➢ S&P: 1.8%

➢ Vikram Shreekant Kirloskar: President of CII National News

➢ Assam gov launches new scheme 'Dhanwantari' for home delivery of medicines

➢ Under this scheme, locally unavailable medicines (within 10 km of their radius) are provided to patients at home.

➢ Medicines below Rs 200 will be provided free of cost to patients. National News

➢ Andhra Pradesh Chief Minister Y.S. Jagan Mohan Reddy re- launched zero interest loan scheme for Women Self-Help Groups by releasing a sum of Rs 1,400 crores to 8.78 lakh SHGs (to benefit about 91 lakh members) for the welfare of women.

• Each SHG will receive a sum ranging from Rs 20,000 to Rs 40,000 towards the interest component on their loans.

• Currently SHG are securing loans from banks at an interest rate of 7 to 13%.

• The zero-interest scheme was first launched by Former Chief Minister N Kiran Kumar Reddy in the united Andhra Pradesh in 2011

• Governor– Biswabhushan Harichandan National News

➢ National Agricultural Cooperative Marketing Federation will distribute 5.88 lakh metric tonnes pulses to 20 Cr households under National Food Security Act through ration shops for 3 months.

➢ Most of the beneficiaries will receive the quota for the 1st month within April or latest by the 1st week of May

➢ National Agricultural Cooperative Marketing Federation of India Ltd is an apex organization of marketing cooperatives for agricultural produce in India, under Ministry of Agriculture, Government of India. National News

➢ IIT Delhi developed a web-based dashboard for tracking & predicting the spread of COVID-19 in India.

• PRACRITI (Prediction & Assessment of Corona Infections & Transmission in India) dashboard will provide the R0 values of each district & state in India.

• (Reproduction number )R0- Number of people to whom virus spreads from a single person. Question. A team of engineering students from IIT Bombay, NIT Srinagar and Islamic University of Science & Technology has launched low-cost ventilator named ______

Question. IIT बॉ륍बे, NIT श्रीनगर और इस्लाममि यूननवमसटण ी ऑ괼 साइंस एंड टे啍नोलॉजी िे इंजीननयररंग छात्रⴂ िी एि टीम ने ______नाम से लो- िॉस्ट वᴂदटलेटर लॉन्च किया है a) Ruhdaar b) Jeevan c) Aazad d) Vayu e) Kavi Question. A team of engineering students from IIT Bombay, NIT Srinagar and Islamic University of Science & Technology has launched low-cost ventilator named ______

• Project head Zulqarnain, a first-year student of IIT Bombay

• Prototype cost the team around Rs. 10,000 International News

➢ NASA engineers have developed a new, easy-to-build high- pressure ventilator tailored specifically to treat COVID-19 patients.

➢ The US space agency said that the device, called VITAL (Ventilator Intervention Technology Accessible Locally), passed a critical test this week at the Icahn School of Medicine in New York, an epicentre of COVID-19 in the US International News

➢ US President Donald Trump has nominated senior Indian American diplomat Manisha Singh as America's next envoy to the Organisation for Economic Cooperation and Development.

• She is currently Assistant Secretary of State for Economic and Business Affairs.

• OECD is Headquartered in Paris, France. • President: José Ángel Gurría

• Organisation for Economic Co-operation and Development is an intergovernmental economic organisation with 36 member countries, founded in 1961 to stimulate economic progress and world trade Question. Who has recently appointed as the India’s permanent representative to the United Nations.

Question हाल ही मᴂ संयु啍त राष्ट्र मᴂ भारत िे स्थायी प्रनतननधि िे 셂प मᴂ किसे ननयु啍त किया गया है? a) Ravi Mittal b) P V Krishnamurthy c) Amit Bose d) Syed Akbaruddin e) T S Tirumurti Question. Who has recently appointed as the India’s permanent representative to the United Nations.

Question हाल ही मᴂ संयु啍त राष्ट्र मᴂ भारत िे स्थायी प्रनतननधि िे 셂प मᴂ किसे ननयु啍त किया गया है? a) Ravi Mittal b) P V Krishnamurthy c) Amit Bose d) Syed Akbaruddin e) T S Tirumurti

➢ T S Tirumurti, currently Secretary (Economic Relations) at the Ministry of External Affairs, will succeed Syed Akbaruddin as India’s permanent representative to the United Nations.

➢ He has joined the Indian Foreign Service in 1985, will be the 22nd Permanent Representative. Appointment

➢ Ravi Mittal was appointed the new Sports and Youth Affairs Secretary, replacing Radhey Shyam Julaniya. Mittal is a 1986 batch IAS officer from the Bihar cadre.

➢ रपव ममत्तल िो रािे श्याम जुलाननया िी जगह नया खेल और युवा मामलⴂ िा सधचव ननयु啍त किया गया। ममत्तल बबहार िै डर से 1986 बैच िे आईएएस अधििारी हℂ।

➢ He was the Secretary of Ministry of Information and Broadcasting prior to this appointment. Appointment

➢ Bureaucratic reshuffle in government

1. Rajesh Bhushan Officer on Special Duty (OSD) in the Health and Family Welfare Department

2. Nagendra Nath Sinha new Secretary of Rural Development.

3. Leena Nandan: Consumer Affairs Secretary

4. CBSE chairperson Anita Karwal: Secretary, Department of Education & Literacy

5. Rajesh Verma: new Secretary, Ministry of Corporate Affairs

6. Anand Kumar: New Culture Secretary Appointment

➢ Ravi Mittal was appointed the new Sports and Youth Affairs Secretary, replacing Radhey Shyam Julaniya. Mittal is a 1986 batch IAS officer from the Bihar cadre.

➢ He was the Secretary of Ministry of Information and Broadcasting prior to this appointment.

➢ Aramane Giridhar: Secretary, Ministry of Road Transport & Highways Appointment

➢ Amit Khare has been appointed as Information & Broadcasting Ministry Secretary for the second time.

➢ अममत खरे िो दसू री बार सचू ना और प्रसारर् मत्रं ालय िे सधचव िे 셂प मᴂ ननयु啍त किया गया है।

• Khare was first appointed for this post in May 2018. • He is currently the Higher Education Secretary in the HRD ministry. Business

➢ Paytm and Vodafone Idea enter exclusive partnership to launch Recharge Saathi app for prepaid customers

• Individuals and small businesses would be able to earn up to an additional Rs 5,000 every month under the ‘Recharge Saathi’ program.

• पेटीएम िा िहना है कि इसिे जररए छोटे िारोबारी, पवक्रेता और सािारर् यूजस ण इस स्िीम िे जररए हर महीने 5,000 셁पये ति िमा सिते हℂ Bussiness

➢ Reliance Jio launched a special mobile app keeping lockdown in mind. The name of this app is Jio POS Lite.

➢ ररलायंस लजयो ने लॉिडाउन िो ध्यान मᴂ रखिर एि खास मोबाइल एप लॉन्च किया था। इस एप िा नाम Jio POS Lite है।

• Through this mobile app, people can become partners of Jio and can get commission by recharging the number of Jio users.

➢ Facebook buys 9.99% stake in Jio Platforms for Rs 43,574 cr. (USD 5.7 billion) Complete Revision of April 2020 Best 140 MCQs in 70 Minutes (Covid-19 Special) 1st May (Friday) at 10 AM Happy Learning Happy Learning Today at 10 AM APPS and Portals- Covid -19 1. e-sanjeevani opd --- Himachal Pradesh 2. Arogya setu - Developed by meity not MHA. [ English , Tamil, Hindi , Telugu, Kannada, Malayalam, Punjabi, Bengali, Oriya, Gujarati and Marathi] Manipuri -- ( ×××) 3. Naadi App--- Puducherry & Ladakh 4. Digital directory -- Covid FYI 5. Mcovid -- Mizoram 6. Corona watch -- Karnataka 7. Homeline -- Karnataka 8. Apthamitra -- Karnataka 9. Aayu &Sehat sathi -- Rajasthan [reject chinese kits & Anti- body or Rapid Testing ] 10. GoK Direct -- Kerala 11. Apurti Suvidha -- Noida 12. Saiyam app -- Pune 13. Assess karo na app-- Delhi 14. COVID INDIA SEVA -- Ministry of health and family welfare. 15. Raksha Sarva -- Chhatisgarh 16. Online Data pool of healthcare professionals and volunteers -- Covid warriors 17. COVID-MADAT --Maharashtra 18. Maha kavach -- Maharashtra 19. Zero Cov [Disinfectant Chamber]-- Nit Surathkal 20. Covid-19 Quarantine Monitor-- TamilNadu 21. AI Platform ' Watson Assistant for citizens ' -- IBM