Current Affairs Update – 4th May, 2016

Hello and welcome to ExamPundit. Here are the important Current Affairs of 4th May, 2016. These are important for the upcoming SBI Clerk 2016, SBI PO 2016 and UIIC AO 2016.

• Minister of State (I/C) for
  Commerce and Industry Nirmala Sitharaman on 3 April 2016 launched EXIM
  Analytics Dashboard to provide an easy access to detailed trade data of the
  country.
• This web-based dashboard will
  provide an accurate perspective to the general public on the facts around the
  trade performance in India.
• The portal developed by the
  Directorate General of Commercial Intelligence and Statistics, at the instance
  of the Ministry would provide data graphically exposing patterns, trends and
  correlations that might go undetected in text based data.

• S. Mahalingam, former chief
  financial officer (CFO) and executive director of Tata Consultancy Services
  (TCS), is set to become the non-executive chairman of City Union Bank.
• Mr. Mahalingam is currently an
  Independent Director on the board of the bank. He is a well-known name in the
  field of IT (information technology).
• The board of the bank, which met
  on Tuesday, has already sought the approval of the Reserve Bank of India (RBI)
  for his appointment.
• The board’s decision comes in the
  wake of S. Balasubramanian vacating the office of part-time Non-Executive
  Chairman of the bank at the close of business hours on Tuesday upon his superannuation.
• The board, which met on Tuesday,
  has also co opted M. Narayanan as Additional Director of the Bank.

• Sameer Chadha was on 3 May 2016
  appointed as the partner and Chief Executive Officer (CEO) of KPMG’s offshore
  arm in India.
• Chadha joined KPMG Global
  Services (KGS) from Barclays Shared Services, where he was the Chief Executive
  Officer.

• Ace tennis star Sania Mirza has
  documented her journey to become the World No. 1 in the women’s doubles
  rankings in an autobiography set for release this July, according to publishers
  Harper Collins.
• Titled, ‘Ace Against Odds,’ the
  book has been penned by Mirza with her father Imran Mirza.
• The 29-year-old sportswoman, who
  shot to fame at the age of 16 after winning the Wimbledon’s Championships
  Girls’ Doubles title, was ranked as India’s No. 1 player by the Women’s Tennis
  Association, both in singles and doubles circuits.
• The autobiography chronicles her
  rise to the top, and is peppered with anecdotes where she talks about the
  difficulties and hardships as well as the joys and triumphs that came her way.
• Mirza, who announced her
  retirement from the singles circuit in 2012 underwent a remarkable
  transformation between August 2015 and March 2016, during which she pocketed 41
  consecutive wins with her doubles partner Martina Hingis, and went on to become
  the World No. 1 in the Women’s Doubles rankings.

• England’s world number one Mark
  Selby on 2 May 2016 won World Championship title of Snooker. In the final match
  played in Sheffield, Selby from Leicester defeated China’s Ding Junhui 18-14.
• With this win, Selby also ended
  Ding’s chance of being the first Asian player to win the world title.
• This was Selby’s second trophy of
  the year, earlier he had won minor Gdynia Open event in Poland.

• Australian entrepreneur Craig
  Steven Wright on 2 May 2016 publicly identified himself as the creator of
  Bitcoin, digital cryptocurrency. He claimed to be the real person behind the
  pseudonym Satoshi Nakamoto, the creator of Bitcoin, a claim that is disputed
  within the Bitcoin community.
• Wright claimed to be the
  currency’s progenitor in interviews with the BBC, The Economist and GQ. He was
  first identified as Bitcoin’s founder in December 2015 by Wired magazine and
  the technology website Gizmodo, but he remained silent then.

• Ghar Sodhon, a room disinfectant
  for silkworm rearing houses and appliances, was in news on 3 May 2016.
• It came in news after the National
  Research Development Corporation (NRDC), under the Union Ministry of Science
  & Technology inked licence agreements with M/s Nabagram Resham Shilpa
  Unnayan Cooperative Society Ltd and M/s Dariapur Rural Development Society,
  Kalia Chak of West Bengal for the commercialization of Ghar Sodhon.

Regards

Team ExamPundit