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Important Current Affairs 20th April 2019

NATIONAL NEWS

INS Shakti, INS Kolkata to take part in Chinese Navys 70th anniversary celebrations.

•   The two Indian Navy Ships (INS) are scheduled to visit Chinese port of Qingdao from 21 to 26 April to participate in an International Fleet Review to celebrate the 70th anniversary of People’s Liberation Army (PLA) Navy.

•  INS Kolkata is the lead ship of the Kolkata-class stealth guided-missile destroyers of the Indian Navy.

•  INS Shakti is tanker and supply ship.

•  Over 60 countries would join the commemorative event for the PLA Navy’s 70th founding anniversary on April 23.

INTERNATIONAL NEW

A Book of poem Khooni Vaisakhi on Jallianwala Bagh massacre, released in UAE.

• A book containing English translation of the 100-year-old classic Punjabi poem about Jallianwala Bagh massacre, ‘Khooni Vaisakhi’ released in Abu Dhabi.

• India’s Ambassador to the UAE Navdeep Singh Suri commended the launch of the book.

• The poem was translated by Mr. Suri whose grandfather, revolutionary poet and novelist Nanak Singh, a Jallianwala Bagh survivor, wrote it after witnessing first-hand the events of April 13, 1919.

Christina Koch To Set Record For Longest Spaceflight By A Woman.

• NASA astronaut Christina Koch going to have her mission on the International Space Station (ISS) extended to 328 days, which would set a record for the longest single spaceflight by a woman.

• Koch, who arrived at the space station on March 14 is scheduled to remain in orbit until February 2020 will eclipse the record of 288 days set by former NASA astronaut Peggy Whitson in 2016-17.

AGREEMENTS AND MOUS:

India and France to hold their largest Naval Exercise VARUNA.

• India and France are all set to hold their largest-ever naval exercise with aircraft carriers, destroyers, submarines and fighters early May as part of their expanding strategic partnership.

• The exercise has been christened 'Varuna' and will take place off Goa and Karwar from 1 May 2019.

The conduct of Varuna exercise was reiterated in the Joint Statement made by the Prime Minister of India and the President of France, on the 10th of March 2018.

• The two countries will be deploying their aircraft carriers INS Vikramaditya and FNS Charles de gaulle with their Mig-29K and Rafale-M naval fighter jets.

• The Indian participation will also include the destroyer INS Mumbai, frigate INS Trikand with their integral helicopters, IN submarine Kalvari, P8-I aircrafts and Dornier Maritime Patrol aircraft.

• This comes after the successful operationalisation of the logistics support agreement between India and France under which Indian warships can access the French bases like Reunion Islands and in Djibouti.

Under the same pact, French anti-aircraft destroyer FNS Cassard had docked at the Mumbai naval port in January 2019. This was second such logistics support agreement signed by India after the one signed by it with United States (US) in 2016.

BANKS AND ECONOMICS:

Cholamandalam MS General Insurance got ISO 31000:2018 certification.

• An insurance giant Cholamandalam MS General Insurance Company Limited has received ISO 31000:2018 certification by TUV India. Chola MS has received certification for applying risk management system which conforms to the prescribed standards.

The Certificate is valid for a period of 3 years from April 07, 2019, to April 06, 2022.

• ISO 31000:2018 certification:

ISO 31000:2018 is an international risk management standard. The standard provides guidelines, principles, framework, and a process for managing risk.

It can be used by any organization regardless of its size, activity or sector. The application of these guidelines can be customized to any organization and its context.

Bank of Maharashtra Joins M1X change TReDS Platform for MSME Bill Discounting.

• Bank of Maharashtra (BoM) 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.

APPOINTMENTS AND RESIGNATIONS:

Shri N. Kashinath designated as Member (Signal & Telecom) of Railway Board.

• Shri N. Kashinath took over as Member (Signal & Telecom) of Railway Board.

• He was associated with Train Describer Project, Survey for the Mobile Train Radio Communication in Northeast Frontier Railway,

• Shri N. Kashinath belongs to the 1980 Batch of the Indian Railway Service of Signal Engineers (IRSSE).

Dubai based RAKEZ appointed Cricket Champion Ravi Shastri as a Corporate Ambassador.

• Former Cricketer Ravi Shastri appointed as Ras Al Khaimah Economic Zone (RAKEZ) exclusive Corporate Ambassador to the Indian Business Community. Brand Ambassador may attract more Indian business leaders to set up or expand their operations in UAE through RAKEZ. This first-of-its-kind approach is one of the many other initiatives that RAKEZ will be launching in the future to attract more investors from all over the world and boost the economic growth of Ras Al Khaimah.

ECI appointed Bihar Ex CEO AjayV Nayak as Special Observer for West Bengal.

• Election Commission of India (ECI) appointed Bihar's former Chief Electoral Officer (CEO).

• Ajay V. Nayak as a special observer for West Bengal

He is a retired IAS officer of the 1984-batch has been appointed as a special observer for West Bengal by ECI.

• The Commission has earlier appointed Vivek Dube as the special police observer for the state.

Deutsche Bank appoints Kaushik Shaparia as CEO For India.

• Deutsche Bank appointed Kaushik Shaparia as the chief executive officer for India He succeeds Ravneet Gill. Gill left the bank to head private lender YES Bank. Shaparia’s appointment will be effective from May 2019.

SPORTS:

Bajrang regained top spot in world wrestling rankings.

• India's Bajrang Punia has regained the world number one spot in the men's 65-kilogram Wrestling freestyle category rankings.

The rankings were released by United World Wrestling.

• 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.

• Bajrang, who is currently preparing for the Asian Wrestling Championship to be held in China from the 23rd of this month, had first reached the world number one spot in November last year.

• He won gold at the Dan Kolov-Nikola Petrov tournament in Bulgaria last month.

• Punia secured 58 points ahead of Akhmed Chakaev of Russia.

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