Here’s your daily summary of Current Affairs – April 16, 2019
Union Cabinet decisions on 15th April
The Union Cabinet chaired by PM Narendra Modi has given approval to the following:
- Creation of one post of Deputy Comptroller and Auditor General in the office of the Comptroller and Auditor General of India
- Continuation of Phase 4 of Geosynchronous Satellite Launch Vehicle (GSLV)
- Cooperation Agreement between India and Denmark in the field of Renewable Energy with a focus on Offshore Wind Energy
- MoU between India and Bolivia on Cooperation in the field of Geology and Mineral Resources
- MoU between India and Cambodia on Cooperation in the field of Communications
- MoU between India and Bolivia on Cooperation in the Field of Traditional Systems of Medicine and Homoeopathy
- MoU between India and the Republic of Korea in issuing jointly Postage Stamp
- MoU between India and Brazil in the area of Biotechnology
Sub-sonic cruise missile ‘Nirbhay’ successfully test-fired
The Defence Research and Development Organisation, DRDO, on 15th April successfully test fired indigenously designed and developed Long Range Sub-Sonic Cruise Missile – Nirbhay from the Integrated Test Range, Chandipur Odisha.
The 4th Resilient Cities Asia-Pacific Congress 2019 started in New Delhi
On 15th April, the 4th Resilient Cities Asia-Pacific Congress 2019 organized by the International Council for Local Environmental Initiatives (ICLEI) and co-hosted by South Delhi Municipal Corporation started in New Delhi. It will conclude on 17th April 2019.
Chennai Central missed the chance of having the title of world’s longest railway station name by an alphabet
The Chennai Central Railway station in Tamil Nadu, officially known as Puratchi Thalaivar Dr. M.G. Ramachandran Central Railway Station with its 57-character count missed the chance of having the title of world’s longest railway station name by an alphabet. The title was won by Llanfairpwll railway station in Wales, also known for its 58 letters long name ‘Llanfairpwllgwyngyllgogerychwyrndrobwllllantysiliogogogoch’. Although, the erstwhile Chennai Central railway station which was renamed after the legendary actor-turned-politician Dr. M.G. Ramachandran is still the longest railway station name in India.
WPI inflation rises to 3.18% in March
Wholesale price-based inflation rose for the second consecutive month to 3.18 percent in March on costlier food and fuel, government data released on 15th April showed. The Wholesale Price Index (WPI) based inflation was at 2.93 percent in February. It was 2.74 percent in March 2018. Inflation in food articles hardened with a steep rise in prices of vegetables during March 2019.
India’s exports rise 11% in March, 9% in FY’19
India’s exports rose to a five-month high of 11 percent in March on account of higher growth mainly in pharma, chemicals, and engineering sectors, marking the outbound shipments at USD 331 billion for FY 2018-19 the highest ever, surpassing the earlier peak of $314.4 billion achieved in 2013-14, official data showed on 15th April.
ICC World Cup: Indian squad announced
India announced their 15-man squad for the ICC World Cup to be played in England from 30th of next month. Virat Kohli will lead the team. The squad was announced by the BCCI Acting Honorary Secretary Amitabh Choudhary in Mumbai, with Chairman of Selectors M.S.K. Prasad sharing the dais.
Tiger Woods clinches his fifth Masters
Golfer Tiger Woods clinched his fifth Masters and a 15th major title, ending 11-year wait for a major title after overcoming career-threatening back problems. There were raucous celebrations around the 18th green as 43-year-old Woods finished with a two-under-par 70 to win on 13 under, one clear of fellow Americans Dustin Johnson, Xander Schauffele and Brooks Koepka.
The IMF and World Bank launches “Learning Coin” to explore blockchain technologies
The two global financial agencies The International Monetary Fund and the World Bank want to gain insights into how blockchain and cryptocurrencies work. To get a better understanding of the subject, they launched a private blockchain and quasi-cryptocurrency called “Learning Coin”, the Financial Times reports. The representatives of the World Bank and the IMF made it clear that the coin should not be regarded as a true cryptocurrency as it would not have a monetary value. Also, the “Learning Coin” will be accessible only within the two agencies as it is created to help the staff become familiar with the distributed ledgers, look into possible use cases of smart contracts and spot potential risks relating to money laundering and financing terrorism.
China develops world’s first armed amphibious drone boat ‘Marine Lizard’
The world’s first armed amphibious drone boat (named ‘Marine Lizard‘ and guided by China’s BeiDou Navigation Satellite System) which could be used in land and sea assault operations, has been successfully tested by China. It also possesses the capability of forming a combat triad with aerial drones and other drone ships.