CURRENT AFFAIRS APRIL 20, 2019

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1. Exim Bank funds projects worth USD 267 mn in Rawanda

  • The Reserve Bank of India (RBI) Stated that Exim Bank has proffered soft loans worth 266.6$ million to Rwanda for various projects.
  • The funding, done in three separate tranches to Rawanda, is to support agricultural projects, development of special economic zones (SEZs) and for financing road project in the African nation.
  • According to the agreements, Exim Bank will provide USD 100 million for financing the development of two SEZs and expansion of the Kigali SEZ in Rwanda.

2. World Lever Day is observed on 19 April

  • The World Liver Day (WLD) is observed every year on April 19 to build awareness and understanding importance of liver in human body and how liver ailments are treated.
  • The liver, which measures about 1,00 grams in weight and 15 cm in length, is the second largest organ and is key player in our body’s digestive system.
  • World liver Day 2019 theme is 'Riding New Waves in liver Diagnosis, Staging & Treatment.

3. RBI proposes to allow fintech start-ups to test regulatory sandbox

  • The Reserve Bank of India proposed that fintech start-ups could set up regulatory sandbox or live-testing of innovative products and services in segments such as retail payments, money transfer, artificial intelligence and data analytics in the financial sector.
  • The innovative products and services which could be considered for testing under RS include retail payments, money transfer services, marketplace lending, digital KYC and financial advisory services.
  • The objective of RS is to provide a formal regulatory programme for testing new products and services with a customers in a live environment.

4. Bajrang regains top spot in world wrestling rankings

  • India's Bajrang Punia has regained the world number one spot in the men's 65-kilogram freestyle category rankings.
  • Punia, who won Gold in the Asian Games and Commonwealth Games as well as a silver in the World Championships last year, secured 58 points ahead of Akhmed Chakaev of Russia.
  • The rankings were released by United World Wrestling. He won gold at the Dan Kolov-Nikola Petrov tournament in Bulgaria last month.

5. Deutsche Bank appoints Kaushik Shaparia as CEO to succeed Ravneet Gill

  • Deutsche Bank appointed Kaushik Shaparia as the chief executive officer for India to succeed Ravneet Gill. Gill left the bank to head private lender YES Bank earlier this year.
  • Shaparia served as Asia Pacific Head of Corp­orate Banking Coverage within Institu­tio­nal and Treasury Coverage, as well as Global Head of Subsidiary.
  • Headquarters:  Germany

6.  Dr Suhel Ajaz khan appointed as the next Ambassador of India to the Republic  of Lebanon

  • Dr. Suhel Ajaz Khan presently Deputy Chief of Mission in the Embassy of India, Riyadh, has been appointed as the next Ambassador of India to the Republic of Lebanon.
  • He completed MBBS from Mahatma Gandhi Memorial Medical college, Indore.

7. Book on ‘Khooni Vaisakhi’, a Punjabi poem on Jallianwala Bagh, launched in UAE

  • The launch of a book containing English translation of the Punjabi poem, ‘Khooni Vaisakhi’ was praised by Navdeep Singh Suri, India’s Ambassador to the UAE.
  • Nanak Singh had published a long poem in 1920 to commemorate that tragic event and the memory of those who sacrificed their lives but it was banned by the British government.
  • Translated by Suri, the poem was written by his grandfather revolutionary poet and novelist Nanak Singh, a Jallianwala Bagh survivor, after he witnessed first-hand the events of April 13, 1919.

8. Israel's President Formally Nominates Benjamin Netanyahu as Prime Minister

  • Israel’s president  formally nominated Benjamin Netanyahu for a fourth consecutive term as prime minister.
  • The move was widely expected after Netanyahu’s Likud party and its right-wing allies captured a majority of seats in parliamentary elections.
  • He became the leader of Likud in 1993 and won the 1996 elections, becoming Israel's youngest-ever Prime Minister, serving his first term from June 1996 to July 1999.
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