Current Affairs Update – 30th April, 2016

Hello and welcome to ExamPundit. Here are the important Current Affairs of 30th April, 2016. These are important for the upcoming SBI Clerk and UIIC AO 2016 Exams.

• Small Industries Development Bank
  of India (SIDBI) and Saarc Development Fund (SDF) has entered into a Memorandum
  of Understanding (MOU) for mutual cooperation and collaboration.
• The MoU envisages SDF and SIDBI
  to work together in co-funding of projects in Indian MSMEs on risk sharing
  basis in identified sectors, development of suitable financial products for SME
  financing for MSMEs of other Saarc states, the Finance Ministry said in a
  statement.
• The MoU also calls for technology
  transfer and making available software to MFIs regarding loan tracking systems
  in other Saarc states and capacity development of SDF/SIDBI and SME funding
  institutions in SAARC countries, it added.
• The MoU also calls for technology
  transfer and making available software to MFIs regarding loan tracking systems
  in other Saarc states and capacity development of SDF/SIDBI and SME funding
  institutions in SAARC countries, it added.
• The MoU was signed by SIDBI
  Deputy Managing Director A K Kapur and SDF CEO Sunil Motiwal.

• Mahindra Intertrade has signed a
  Memorandum of Understanding (MoU) with MSTC Ltd for a joint initiative to set
  up India’s first auto shredding facility.
• The proposed facility will be
  equipped with state-of-the-art, fully automated end-of-life vehicle recycling
  equipment and will be India’s first such facility.
• This is expected to facilitate
  recycling of scrapped automobiles.
• So far, auto-shredding in India
  has been largely an unorganized activity with vehicles long past their usable
  life still in use, especially in rural and semi-urban India.

• The BSE has entered into a
  memorandum of understanding (MoU) with the Korea Exchange (KRX) in Seoul to
  extend their co-operation by listing S&P BSE Sensex-based derivatives
  contracts.
• The agreement will further the
  development of derivatives markets in India and South Korea. It will encourage
  the sharing of information, and foster new opportunities for the exchanges and
  their respective issuers. 
• The MoU also includes
  information-sharing by both parties to promote each other’s understanding of
  the products’ listing process and the functioning of the markets .
• BSE and KRX will support each
  other for investor-relation activities of cross-listed products and assist with
  cross-border supervision and enforcement.
• They will conduct joint research
  in the area of derivatives markets and support the development of new products,
  among others.

• National Bank for Agriculture and
  Rural Development (NABARD) in April 2016 entered into collaboration with German
  government for a special programme on ‘Soil Protection and Rehabilitation for
  Food Security’.
• The programme is part of the
  German government’s recently introduced special initiative ‘One World, No
  Hunger’ initiative. India is the only country in Asia chosen for this
  initiative.
• As part of the collaboration,
  NABARD is anchoring two major programmes — soil conservation and rehabilitation
  of degraded land programme in Maharashtra and Madhya Pradesh. It is also
  conducting innovation of watershed development and climate change adaptation
  programmes in Andhra Pradesh, Telangana, Maharashtra, Gujarat and Rajasthan.
• Germany’s ‘One World, No Hunger’
  addresses areas such as food and nutrition security, promotion of innovation,
  protection and sustainable use of natural resources in rural areas and
  promotion of responsible land use and access to land.

• Union Minister for State (IC) for
  Power, Coal and Renewable Energy Piyush Goyal on 30 April 2016 launched
  National LED programme – Unnat Jyoti by Affordable LEDs for All (UJALA) in
  Madhya Pradesh.  He launched the programme
  along with the state CM Shivraj Singh Chouhan at a function in Bhopal.
• The scheme is being implemented
  by Energy Efficiency Services Limited (EESL), a joint venture of PSUs under the
  Union Ministry of Power.

• Under this Programme, 3 crore LED
  Bulbs will be distributed in the next 6 months in the State. People of Madhya
  Pradesh will get energy efficient 9W LED bulbs at an upfront payment of just 85
  rupees per LED bulb.
• UJALA will not only help reduce
  consumers their electricity bills but also contribute to the energy security of
  India. The UJALA scheme is being monitored in a transparent manner through a
  national dashboard (www.delp.in).

• Indian Navy on 28 April 2016
  decommissioned Indian Naval Ships (INS) Veer and Nipat at a ceremony in the
  Naval Dockyard, Mumbai. They both are of VEER class corvettes.
• The ceremony involved the
  lowering of the ensign and commissioning pennents with playing of last post. It
  was held in the presence of Vice Admiral Sunil Lanba, Flag Officer
  Commanding-in-Chief Western Naval Command.
• INS Veer was commissioned into
  Indian Navy on 26 March 1987 with the pennent number K 40 while, INS Nipat was
  brought into Navy on 5 December 1988 with pennent number K 42.

• Tabassum Adnan, a women’s rights
  activist from Swat valley of Pakistan, on 28 April 2016 won the prestigious
  Mandela – Graça Machel Innovation Award 2016 in Bogota, Colombia.
• She won the award for the
  individual activist category on the concluding day of the International Civil
  Society Week held from 25 April to 28 April 2016.
• A victim of child marriage,
  Tabassum Adnan was married at the age of 13. The marriage which was marked by
  frequent domestic abuse, ended after 20 years when she gathered the courage to
  divorce her abusive husband.
• She is the founder of Khwendo
  Jirga (Sister’s Council), the first women-only jirga in Pakistan. The council
  meets weekly to address issues of women’s right, including honour killings, and
  acid attacks.

• The International Jazz Day 2016
  was observed across the world on 30 April 2016. This year, UNESCO celebrated
  the day at Washington, DC.
• The Day is intended to raise
  awareness in the international community of the virtues of jazz as an
  educational tool, and a force for peace, unity, dialogue and enhanced
  cooperation among people.
• Many governments, civil society
  organizations, educational institutions, and private citizens currently engaged
  in the promotion of jazz music celebrate the day to foster greater appreciation
  not only for the music but also for the contribution it can make to building
  more inclusive societies.

Regards

Team ExamPundit