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Monday, April 24, 2017

Current Affairs Update – 23-24 April, 2017

Hello and welcome to exampundit. Here are the important Current Affairs of 23 and 24 April, 2017. These are important for the upcoming SBI PO mains, BOB Manipal 2017, NICL AO 2017 and NIACL Assistant 2017.


Current Affairs at a Glance - 23-24 April, 2017
  1. State-owned SBI and realtors' body CREDAI have signed an agreement to provide loans at a concessional rate to builders as well as customers for affordable housing projects.
  2. HCL Technologies on Monday said it would acquire US-based mortgage business service provider Urban Fulfillment Services, LLC for more than Rs 199 crore ($30 million), in a deal that would help it to expand its local workforce in the US.
  3. India and South Korea on 21 April 2017 signed a inter-governmental Memorandum of Understanding (MoU) for defence industry co-operation in shipbuilding.
  4. The World Book and Copyright Day was celebrated on 23 April 2017 across the globe.
  5. The United Nations English Language Day 2017 was observed globally on 23 April 2017.
  6. The National Panchayati Raj Diwas was observed across India on 24 April 2017.
  7. Actor Rajkummar Rao-starrer film ‘Newton’ in April 2017 won the best film honour at the 41st Hong Kong International Film Festival (HKIFF).
  8. Nobel laureate Kailash Satyarthi on 23 April 2017 was presented the P C Chandra Puraskar.
  9. Rafael Nadal on 23 April 2017 defeated Albert Ramos-Vinolas 6-1 6-3 to win the Monte Carlo Masters Men’s Singles title.
  10. India’s Rohan Bopanna and Uruguay’s Pablo Cuevas on 23 April 2017 captured their first ATP World Tour team title.
  11. Saudi Arabia’s King Salman on 22 April 2017 issued a royal decree stating the appointment of one of his sons Prince Khaled bin Salman bin Abdulaziz as the Saudi Arabia's Ambassador to the United States (US). Prince Abdullah bin Faisal bin Turki was removed as Ambassador to the US.




Financial and Banking News –

SBI, CREDAI ink MoU for concessional loan for housing projects


  • State-owned SBI and realtors' body CREDAI have signed an agreement to provide loans at a concessional rate to builders as well as customers for affordable housing projects.
  • SBI and CREDAI have signed a memorandum of understanding (MoU) to collaborate and work towards the development of the real estate sector, specifically through the affordable housing and green housing projects.
  • The duration of the agreement is for a period of three years, State Bank of India (SBI) said in a statement.


HCL to acquire US-based firm UFS for Rs 199 cr


  • HCL Technologies on Monday said it would acquire US-based mortgage business service provider Urban Fulfillment Services, LLC for more than Rs 199 crore ($30 million), in a deal that would help it to expand its local workforce in the US.
  • Through the acquisition of UFS, a 15-year-old mortgage business process and fulfilment services provider spread across three centres in the US, HCL aims to scale up its digital technology based services to clients. India's fourth largest IT service providers will also see 350 highly-skilled professionals of UFS joining its team in the US.
  • The deal is likely to be completed by June depending on certain regulatory approvals for transfer of licenses.


India, South Korea signed MoU for Defence Industry Co-Operation in Shipbuilding

  • India and South Korea on 21 April 2017 signed a inter-governmental Memorandum of Understanding (MoU) for defence industry co-operation in shipbuilding.
  • The MoU was signed by Secretary (Defence Production), Ashok Kumar Gupta from the Indian side and Minister of Defence Acquisition and Programme Administration (DAPA), Chang Myoung-Jin from Korea’s side.
  • The MoU seeks to develop and strengthen defence industry co-operation between India and South Korea.
  • As part of the MoU, the two sides will recommend the organisations for collaborating in the implementation of specific projects.
  • The organisations recommended for co-operative projects may conclude separate agreements (contracts) between them to implement the specific projects.
  • The MoU will be initially valid for a period of five years and would be automatically extendable for further successive five year at a time.







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Days –

World Book and Copyright Day 2017 observed

  • The World Book and Copyright Day was celebrated on 23 April 2017 across the globe. To mark the occasion, special events were organised to promote reading, publishing and copyright across the world including India.
  • The World Book and Copyright Day is an opportunity to highlight the power of books to promote UNESCO’s vision of knowledge societies that are inclusive, pluralistic, equitable, open and participatory for all citizens.
  • To mark the World Book and Copyright Day 2017, the UNESCO released three books – Reshaping Cultural Policies, Rethinking Education in a Changing World and Reading in a Mobile Era.


English Language Day observed across the world

  • The United Nations English Language Day 2017 was observed globally on 23 April 2017.
  • The Day is observed every year on the date that is traditionally observed as both, the birthday and the date of death of William Shakespeare, the greatest writer ever-known in English language.
  • The day was established in 2010 by the Department of Public Information, as a result of its efforts to establish language days for each of United Nation’s six official languages.


Yogi Adityanath inaugurated National Panchayati Raj Diwas function


  • The National Panchayati Raj Diwas was observed across India on 24 April 2017. The day is observed every year to mark the passing of the Constitution (73rd Amendment) Act, 1992, which came into effect on 24 April 1993.
  • The day would be commemorated with a function in Lucknow, Uttar Pradesh. The function would be inaugurated by the UP CM Yogi Adityanath and presided over by Birender Singh, the Union Minister for Rural Development, Panchayati Raj and Drinking water.


Awards & Honors –

Newton wins Best Film at Hong Kong Film Festival


  • Actor Rajkummar Rao-starrer film ‘Newton’ in April 2017 won the best film honour at the 41st Hong Kong International Film Festival (HKIFF).
  • The film has its world premiere at the 67th Berlin Film Festival where it won the International Federation of Art Cinemas (CICAE) award in its Forum segment.
  • Directed by Amit Masurkar, Newton is a political satire. The movie revolves around Newton Kumar, a rookie government clerk, who is sent on election duty to a naxal-controlled town in the conflict-ridden jungles of Chhattisgarh. Faced with the apathy of security forces and the looming fear of guerrilla attacks by communist rebels, he tries his best to conduct free and fair voting despite the odds stacked against him.


Kailash Satyarthi honoured with P C Chandra Puraskaar 2017


  • Nobel laureate Kailash Satyarthi on 23 April 2017 was presented the P C Chandra Puraskar.
  • Satyarthi was honoured with the award for his global crusade against child slavery and exploitative child labour.
  • The 63-year-old Satyarthi was handed over a citation, a trophy and a cheque of Rs 10 lakh at an awards ceremony in Kolkata.


Sports –

Rafael Nadal wins Monte Carlo Masters Men’s Singles title


  • Rafael Nadal on 23 April 2017 defeated Albert Ramos-Vinolas 6-1 6-3 to win the Monte Carlo Masters Men’s Singles title.
  • With the win, Nadal became the first man in the Open era to win the same event 10 times. He won eight Monte Carlo titles in a row from 2005 to 2012. He won the title again in the year 2016.
  • Also, it is Nadal's first title of the season, having lost his previous three finals.


Rohan Bopanna and Pablo Cuevas won Monte-Carlo Masters Men’s Doubles title

  • India’s Rohan Bopanna and Uruguay’s Pablo Cuevas on 23 April 2017 captured their first ATP World Tour team title.
  • The duo defeated seventh-seeded Spaniards Feliciano Lopez and Marc Lopez 6-3, 3-6, 10-4 in 74 minutes in the Monte-Carlo Rolex Masters final.
  • Bopanna and Cuevas earned 1000 points in the Emirates ATP Doubles Rankings and share € 253950 in prize money.


Appointments –

Saudi Arabia King's son Prince Khaled appointed as US Envoy


  • Saudi Arabia’s King Salman on 22 April 2017 issued a royal decree stating the appointment of one of his sons Prince Khaled bin Salman bin Abdulaziz as the Saudi Arabia's Ambassador to the United States (US). Prince Abdullah bin Faisal bin Turki was removed as Ambassador to the US.
  • The appointment of Prince Khaled to Washington signals the Saudi kingdom’s eagerness to strengthen bilateral ties with US under President Donald Trump.
  • Moreover, Saudi Arabia is the world’s third largest defence spender. Prince Khaled’s appointment positions him as an influential broker in deals with US manufacturers.


World News –

Google to introduce 'Copyless Paste' feature


  • Google on 23 April 2017 introduced the first code for its new feature ‘Copyless Paste’ in its Chrome app running on Android OS.
  • The Copyless Paste feature will take data from Chrome usage and use that to improve the experience in other apps.
  • Copyless Paste feature will automatically copy the useful information and will suggest it for pasting in apps where it might be relevant.
  • For instance, If a user is checking out a restaurant website and then switch to the Maps app, the keyboard will automatically offer the name of that restaurant as a suggestion to enter into the search bar.
  • The new feature is not yet functional now as it is still in its testing phase.










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