Current Affairs Current Affairs April 2019

 Sri Lanka’s first satellite ‘Raavana-1’ was launched into space from NASA’s Flight Facility on Virginia’s east shore. ‘Raavana 1’ weights around 1.05 kg and the lifespan of the satellite is around one and a half years. The satellite was designed and built at the Kyushu Institute of Technology in Japan by two Sri Lankan research engineers. Its camera mission is to capture images of Sri Lanka and its neighbouring countries.
Source: News on AIR

 Mali’s Prime Minister Soumeylou Boubeye Maiga has resigned along with his whole government, following a motion of no confidence over its failure to handle violence in the West African country. President Ibrahim Boubacar Keita’s office stated that the President accepts the resignation of the prime minister and that of the members of the government.
Source: News on AIR

  India ranked 140th out of 180 countries in the World Press Freedom Index 2019, released by Reporters Without Borders. The index is topped by Norway. Paris-based Reporters Sans Frontieres (RSF), or Reporters Without Borders, is a non-profit organisation that works to document and combat attacks on journalists around the world.
Source: Economic Times

  ETMONEY India’s largest app for financial services has integrated with Unified Payment Interface (UPI) as a payment method. The reason for this is to double its monthly user base by the end of 2019. This integration will simplify the mutual fund payment for millions of ETMONEY users. ETMONEY is owned by Times Internet which is a part of the Times Group.
Source: Economic Times

  Saudi Arabia announced that it will be hosting the G20 summit in November 2020 in its capital Riyadh. This would be the first G20 summit in the Arab world. Last year’s G20 meeting was held in Buenos Aires, Argentina, where Saudi Crown Prince Mohammed bin Salman had represented the Kingdom. He held several engagements with world leaders, including meeting with Prime Minister Narendra Modi.
Source- Aljazeera

  CRISIL Ltd, a diversified global analytics company, will transfer its rating business to its proposed new wholly-owned subsidiary. The board of CRISIL gave the nod for the transfer, which is being done to comply with SEBI norms of 2018. Earlier, SEBI had modified its regulations for credit rating agencies and mandated the segregation of rating and non-ratings businesses of credit-rating agencies. CRISIL proposes to undertake the transfer of its ratings business through a scheme of arrangement in terms of Section 230 to 232 of the Companies Act, 2013, to be approved by the stock exchanges and the National Company Law Tribunal.
Source- The Hindu Business Line

 The Resilient Cities Asia-Pacific (RCAP) 2019 Congress is being organised by ICLEI – Local Governments for Sustainability and hosted by South Delhi Municipal Corporation in New Delhi, India. It will offer cities and regions from Asia-Pacific a variety of innovative solutions that build resilience to climate change at the sub-national level. The event will offer a combination of high-level plenaries and technical sessions on the implementation and achievement of the Sustainable Development Goals, the Nationally Determined Contributions (NDCs), and the New Urban Agenda of 2016.
Source- The Livemint

 Nepal successfully launched its first satellite NepaliSat-1 into space. The satellite developed by the Nepalese scientists was launched from Virginia in the United States. It is a low orbit satellite which will be in the 400-km distance from the Earth’s surface. Two Nepali scientists, Aabhas Maskey and Hariram Shrestha who are currently studying at Japanese Kyushu Institute of Technology, developed the satellite under the BIRDSproject of their institute.
Source: Economic Times

  Bank of Maharashtra (BoM) has partnered with M1Xchange Trade Receivables Discounting System (TReDS) platform for MSME bill discounting. TReDS is a digital platform to support micro, small and medium enterprises (MSMEs) to get their bills financed at a competitive rate through an auction where multiple registered financiers can participate. Mynd Solutions is a technology management firm which runs the TReDS platform of M1Xchange. The main purpose of TReDS platform is to facilitate smooth flow of liquidity in the system and make finance available at a competitive rate.
Source- The Hindu Business Line

  In 1982, ICOMOS (International Council on Monuments and Sites) established 18 April as the International Day for Monuments and Sites. UNESCO approved it the following year during its 22nd General Conference. The theme for International Day for Monuments and Sites 2019 is ‘Rural Landscapes’. 
Source: ICOMOS


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