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Current Affairs 29 April 2020

Daily Current Affairs 29 April 2020: We have collected the latest current affairs for 29 April 2020 that are important for all competitive exams like Bank, SSC, IBPS, SBI exams. The GK current affairs will help you score more in these competitive exams. Improve your general knowledge with our daily online current affairs. You can also read the daily current affairs on our mobile app.

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National News

IIT Delhi Launches Dashboard ‘PRACRITI’ to predict district, state wise Covid-19 transmission rate

The Indian Institute of Technology Delhi (IIT Delhi) have developed a web-based dashboard named ‘PRACRITI’ which can predict the district and state wise transmission rate of COVID-19.
PRACRITI stands for PRediction and Assessment of CoRona Infections and Transmission in India.
PRACRITI will give details of the R0 (R nought) number of each state and district in India.
R nought refers to the number of people to whom the disease spreads from a single infected person.
For instance, if an active COVID-19 patient infects two uninfected persons, the R0 is two.
The details will be based on the data available from sources such as the Ministry of Health and Family Welfare, National Disaster Management Authority (NDMA), and World Health Organisation (WHO).
This data will enable the authorities and the public to know the exact rate of spread in India locally and take necessary step to control and mitigate Coronavirus transmission in India.

Team led by IIT Bombay Develops low-cost mechanical ventilator Ruhdaar

A team of engineering students from IIT Bombay, NIT Srinagar and Islamic University of Science & Technology (IUST), Awantipora, Pulwama, Jammu and Kashmir have developed a low-cost ventilator named as ‘RUHDAAR’, using locally available materials.
As per the team, the prototype of the ventilator costed them around Rs. 10,000 and when produced in large quantity, the cost will be much lower.
Ruhdaar has the facility to provide necessary functionalities such as adequate breathing support to save the life of a critically ill COVID-19 patient.

Andhra Pradesh CM launches ‘Jagananna Vidya Deevena’ Scheme for 100% Fee Reimbursement

The Andhra Pradesh Chief Minister, Y. S.Jaganmohan Reddy has unveiled the ‘Jagananna Vidya Deevena’ Scheme on 28 April 2020.
The scheme has been launched to give 100% free reimbursement to those students pursuing courses post-matric like ITI to Ph.D and who hails from below poverty line family.
The be eligible to avail the service under the scheme, the income of the family must be less than the Rs 2.5 lakh per annum.
The Chief Minister has released over Rs. 4,000 Crores of funds for the scheme, along with Rs. 1880 crore towards pending amount left by the earlier government.
Under Jagananna Vidya Deevena, fee reimbursement will be credited directly to mothers’ accounts instead of college accounts in the academic year 2020-21.
This amount will be credited in four installments every year.
Amount to be disbursed under the scheme will as under
- ITI Students: Rs.10,000
- Polytechnic students: Rs.15,000
- Degree students: Rs.20,000

International News

Australia cancels premier multilateral air combat training exercise Pitch Black 2020

Australia has informed that they have decided to cancel the three week long multi-national air combat training exercise Pitch Black 2020, to ensure compliance with COVID-19-related Government restrictions and to protect the personnel, their families and the community.
The exercise was scheduled to be held from July 27 to August 14, 2020.
The next edition of Pitch Black will be held in 2022.
Exercise Pitch Black is a biennial warfare exercise hosted by the Royal Australian Air Force (RAAF).
The last edition of the exercise was held in 2018, in which the Indian Air Force took part in the exercise for the first time.

Banking & Economy News

ADB approves $1.5 billion loan to India to help fund its fight against Covid-19

The Asian Development Bank (ADB) has approved USD 1.5 billion (about Rs 11,400 crore) loan to India on April 28, 2020, to help fund its fight against coronavirus pandemic.
The sanctioned loan will be used to support immediate priorities such as disease containment and prevention, as well as social protection for the poor and economically vulnerable sections.

CRISIL cuts India’s GDP growth forecast for FY21 to 1.8%

Rating agency CRISIL has cut the GDP growth rate forecast for India for 2020-21 (FY21) to 1.8% from the previous prediction of 3.5%.
CRISIL has projected a total losses of Rs 10 lakh crore or Rs 7,000 per person due to the impact of lockdowns to control COVID-19 pandemic.

Axis Bank to buy 29% in Max Life Insurance, total stake to rise to 30%

Axis Bank has announced that it will acquire an additional 29% stake (for ₹1,600 crore) in Max Life Insurance. With this, the total stake of Axis Bank in Max Life Insurance will become 30%.
The remaining 70% stake will be with Max Financial Services.
After the completion of these transactions, Max Life would become a 70:30 joint venture between Max Financial Services and Axis Bank.

Airtel signs deal worth $1 billion with Nokia to improve 4G network experience

Bharti Airtel has signed a deal worth USD 1 billion with Nokia, to deploy its network solutions across which will help Airtel to monitor and manage its network effectively.
Airtel will deploy Nokia’s Single Radio Access Network (SRAN) solution to enhance network capacity in 9 telecom circles of India.
Nokia’s SRAN solution helps operators to manage their 2G, 3G and 4G networks.

Sports News

Indian middle-distance runner Jhuma Khatun banned for Four years for failing dope test

Middle-distance runner Jhuma Khatun has been banned for four years by the Athletics Integrity Unit (AIU) of the world governing body, International Association of Athletics Federations (IAAF), for testing positive for a banned substance, Steroid.
The 31-year-old has been banned in a nearly two-year-old doping case which the National Dope Testing Laboratory (NDTL) had failed to detect.
Khatun’s dope sample collected during the National Inter-State Championships in June 2018 in Guwahati returned negative when it was tested by NDTL.
The World Anti-Doping Agency (WADA) then decided to test the sample of Khatun at its Montreal Laboratory in Canada and it returned positive for dehydrochloromethyl testosterone.
It must be noted that Khatun won a bronze each in 1500m and 5000m in that Guwahati meet.

PCB Bans Cricketer Umar Akmal for three-year for anti-corruption code breaches

On 27 April 2020, Pakistan’s test cricketer Umar Akmal has been banned from all forms of cricket for a period of 3 years by the Pakistan Cricket Board (PCB) Disciplinary Panel, on corruption charges.
The PCB has charged the 29-year-old, Akmal with two breaches of Article 2.4.4 of the PCB Anti-Corruption Code in two unrelated incidents related to failure to report approaches made ‘to engage in corrupt conduct’.

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Daily Current Affairs – 29 April 2020