Current Affairs Update – 29-30 April, 2017

Hello and welcome to exampundit. Here are the important Current Affairs of 29 and 30 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 – 29-30 April, 2017

  1. The Reserve Bank of India (RBI) issued a circular to banks asking them
    to accept faded notes or those with ink marks or scribbles
    . In a Circular
    to banks, RBI said such banknotes have to be treated as “soiled
    notes” and dealt with according to the RBI’s “clean note
    policy,” which asks banks to not turn away customers with soiled notes and
    also refrain from recycling the soiled notes received by them over their
    counters.
  2. Global retail major Walmart has signed a memorandum of
    understanding (MoU) with Telangana
    government on Saturday to set up 10 stores in the State within next five years.
  3. The Indian Space Research Organisation (ISRO) is going to launch five
    communication satellites by the end of 2017. The same was confirmed by the
    organisation’s chairman, A S Kiran Kumar on 27 April 2017.
  4. The Odisha government and Tata
    Trusts on Saturday signed a
    memorandum of understanding (MoU) to reduce migration from the Western Odisha
    districts.
  5. The 101-year-old athlete, Mann Kaur, on 27 April 2017 became the oldest person to sky walk around
    Auckland’s famous landmark Sky Tower.
  6. The Day of Remembrance for all Victims of Chemical Warfare 2017 was
    observed on 29 April 2017 by the United Nations (UN).

Financial News –
RBI Tells Banks Not To Reject Spoiled Or Scribbled Notes

  • The Reserve Bank of India (RBI)
    issued a circular to banks asking them to accept faded notes or those with ink
    marks or scribbles. In a Circular to banks, RBI said such banknotes have to be
    treated as “soiled notes” and dealt with according to the RBI’s
    “clean note policy,” which asks banks to not turn away customers with
    soiled notes and also refrain from recycling the soiled notes received by them
    over their counters.
  • The statement was issued after
    the central bank received complaints that many branches were not accepting
    banknotes, with anything written on them or those either smudged with colour or
    faded due to washing.
  • The central bank clarified that
    its instructions on scribbling on notes was a directive for staffers to not to
    write on banknotes. Bank branches have been rejecting such notes following
    rumours in social media that such notes were not acceptable.
  • In December 2013, RBI had issued
    a statement as part of its Clean Note Policy asking banks to exchange soiled
    notes of even non-customers and issue only good quality clean notes to the
    public.

Walmart signs MoU with Telangana State

  • Global retail major Walmart has
    signed a memorandum of understanding (MoU) with Telangana government on
    Saturday to set up 10 stores in the State within next five years.
  • The company plans to set up about
    five stores in Hyderabad while the remaining will come up in other major cities
    and towns of Telangana. It is looking at new stores in Karimnagar, Warangal and
    Nizamabad. The company will be making an investment of about $120 million
    (about Rs 800 crore) for its 10 stores.
  • This move is expected to generate
    2,000 jobs in the State and will benefit 3 lakh kirana stores and re-sellers.
    Land has been finalised for the first store and the company is scouting for
    suitable land in other parts of Hyderabad and other cities.
  • This is part of the 50 new stores
    that the company is planning to develop in next five years. It already operates
    21 stores in the country. The cash and carry stores of Walmart are aimed to
    help kiranas, farmers and small and medium enterprises.
Advertisement


(adsbygoogle = window.adsbygoogle || []).push({});

News related to India –
ISRO to improve India’s communication system by launching 5 satellites

  • The Indian Space Research
    Organisation (ISRO) is going to launch five communication satellites by the end
    of 2017. The same was confirmed by the organisation’s chairman, A S Kiran Kumar
    on 27 April 2017.
  • Kumar stated that the main aim
    behind the launch is to improve the communication system within the country.
    The specific use of the satellites would be to improve the number of available
    transponders for communications. The move is expected to significantly enhance
    India’s communication capability.
  • The announcement was made by the
    ISRO chief on the sidelines of a lecture that was organised on the occasion of
    the centenary celebrations of the Osmania University in Hyderabad.
  • Kumar’s lecture at the University
    included an overview of the number of satellites launched by the space
    organisation and the purpose of each satellite in the areas of disaster
    management, weather forecasting, space exploration, education, agriculture and
    geo-spatial applications.
  • ISRO chief also revealed that
    India is the only country to achieve the feat of having a large number of
    satellites.
Odisha government and Tata Trusts sign MOU to reduce migration

  • The Odisha government and Tata
    Trusts on Saturday signed a memorandum of understanding (MoU) to reduce
    migration from the Western Odisha districts.
  • A special action plan (SAP) has
    been prepared for intense action in 30 gram panchayats of two districts to curb
    migration and facilitate creation for opportunities of livelihood for migrant
    workers in the State.
  • Initially, the field for the
    implementation of the SAP prepared for this programme will be in Bolangir and
    Nuapada districts. It is expected that a fund flow of Rs 134 crore will help
    with implementation of the programme.
  • The special action plan will be
    scaled up and replicated in all other migration prone districts in a phased
    manner.
Sports –
101-year-old Mann Kaur becomes world’s oldest person to complete
Auckland Sky Walk

  • The 101-year-old athlete, Mann
    Kaur, on 27 April 2017 became the oldest person to sky walk around Auckland’s
    famous landmark Sky Tower.
  • Having set a new world record on
    the field, Kaur stepped out 192 metres above Auckland city to achieve the feat.
  • The athlete from India held her
    79-year-old son Gurdev Singh’s hand as she inched along the narrow platform
    towering high above the city centre.
  • On 26 April 2017, Kaur broke the
    Guinness World Record for javelin with a throw of 5 m 12 in her final
    competition at the Trusts Stadium in Waitakere, west Auckland.
  • Earlier on 24 April 2017, the
    athlete clinched the 100 metres sprint at the World Masters Games held in
    Auckland, New Zealand.
Days –
Day of Remembrance for all Victims of Chemical Warfare 2017 observed

  • The Day of Remembrance for all
    Victims of Chemical Warfare 2017 was observed on 29 April 2017 by the United
    Nations (UN).
  • This commemoration will provide
    an opportunity to pay tribute to the victims of chemical warfare, as well as to
    reaffirm the commitment of the Organization for the Prohibition of Chemical
    Weapons (OPCW) to the elimination of the threat of chemical weapons.
  • The Third Review Conference of
    States Parties to the Chemical Convention held in April 2013 in the Hague, the
    Netherlands, adopted a political declaration that confirms the unequivocal
    commitment of the States Parties to the global chemical weapons ban.

Sponsored


(adsbygoogle = window.adsbygoogle || []).push({});

Regards

Team ExamPundit