Current Affairs

4 May, 2021

International

Shyamala Ganesh Received the 3rd Highest Order of Japan, Order of The Rising Sun from The Consulate-General of Japan

Shyamala Ganesh,79, the former director of the Japanese Language School, received the 3rd highest order decoration of Japan, Order of the Rising Sun, under the class Gold and Silver Rays from the Consulate-General of Japan in Bengaluru, Karnataka. She received the order for her contribution in spreading the Japanese culture and language in Karnataka and other parts of India and for promoting the friendship and goodwill between Japan and India.
About the Order of the Rising Sun and its class:
It is the third-highest order national decoration awarded by the Japanese government and it was established in 1875 as Japan’s first order and it was awarded in 6 classes in which the 5th Class of Gold and Silver Rays is ordinarily conferred upon individuals who have made significant contributions to Japan in varying degrees.
About Consulate-General of Japan in Bangalore, Karnataka:
Consul-General – Ms. Sugita Akiko
About Japan:
Capital – Tokyo
Currency – Japanese yen
Prime Minister – Yoshihide Suga

NATO Launches Multinational Military Exercise ‘DEFENDER-Europe 21’ in Albania

The North Atlantic Treaty Organisation (NATO) launched the Joint Multinational Military Exercise ‘DEFENDER-Europe 21’ in the port of Durres in Albania, the exercise began on April 26, 2021 and will go on till June 10, 2021. ‘DEFENDER-Europe 21’ is led by the United States (US). It is an annual exercise held between US and NATO Countries to build readiness and interoperability. Around 28, 000 US & NATO forces from 26 nations participated in the drills. It is the 1st such large-scale drills since World War-II in the Western Balkans region.
North Atlantic Treaty Organization (NATO):
i.It is an International Alliance of 30 countries from North America and Europe.
ii.It is based on the North Atlantic Treaty which was signed on 4 April, 1949.
About North Atlantic Treaty Organization (NATO):
Secretary General – Jens Stoltenberg
Headquarters – Brussels, Belgium

National

T Rabi Sankar appointed as the 4th Deputy Governor of RBI

The Appointment Committee of the Cabinet(ACC) chaired by Prime Minister Narendra Modi has appointed T Rabi Sankar, the Executive Director of Reserve Bank of India(RBI) as the 4th Deputy Governor of RBI. ACC has cleared his appointment for a period of 3 years or till his date of superannuation. He succeeds B P Kanungo, who retired on 2nd April 2021 after serving one year extension period. RBI cannot hold more than 4 deputy governors. The other 3 Deputy Governors of RBI are Mahesh Kumar Jain, Michael D Patra and Rajeshwar Rao.
About Reserve Bank of India(RBI):
RBI was originally established as a private organisation and was nationalised in 1949.
Established on April 1, 1935
Governor– Shaktikanta Das
Headquarters– Mumbai, Maharashtra

Nirmala Sitharaman Virtually Inaugurated India’s 1st 3D Printed House at IIT-M

Union Finance Minister, Nirmala Sitharaman virtually inaugurated India’s 1st 3D printed house at the Indian Institute of Technology Madras (IIT-M), Chennai, Tamil Nadu. The single-storey home has been built in just five days over an area of about 600 sq. ft using ‘Concrete 3D Printing” TVASTA Manufacturing Solutions, a start-up founded by IIT-M alumni in association with Habitat for Humanity’s Terwilliger Centre for Innovation in Shelter built the 3D Printed House. The 3D Printed House would help to meet the deadline of Prime Minister Narendra Modi’s vision of the ‘housing for all’ scheme by 2022. TVASTA Manufacturing was set up as part of the, Ministry of Housing and Urban Affairs’s ASHA Incubator.

Economy

Motilal Oswal PE Acquired a Minority stake in Fincare Small Finance Bank for ₹185 crore

Motilal Oswal Private Equity (MOPE) has acquired a minority stake in Fincare Small Finance Bank (Fincare SFB) for $25 million (about ₹185 crores) through a secondary acquisition. The key investor in Fincare SFB, True North Fund V LLP got a partial exit from the firm after the deal of MOPE with Fincare SFB. The deal was done by one of the growth capital funds of MOPE called India Business Excellence Fund–III (it was managed and advised by MOPE). Secondary Acquisition – It means the acquisition of existing shares of the company by the trust on the platform of a recognised stock exchange for cash consideration.

Sebi Imposed Fine of Rs 1.75 Cr on Several Entities in Vakrangee Case

A total fine of Rs 1.75 crore was imposed by Markets regulator SEBI(Securities Exchange Board of India) on several entities for indulging in fraudulent trading in the scrip of Vakrangee Ltd. The entities have violated Prohibition of Fraudulent and Unfair Trade Practices norms. In one of the two orders a fine of Rs 50 lakh each was imposed on a group of 22 connected entities and on a group of 16 entities. And in another order a fine of Rs 75 lakh was imposed on the connected group of 27 entities.

Sports

Sri Lankan Cricketer Thisara Perera retires from International Cricket

Sri Lanka all-rounder and former limited overs captain for Sri Lanka – Thisara Perera announced his retirement from International Cricket at the age of 32.
i.Thisara Perera has represented Sri Lanka in 6 Tests, 166 One Day Internationals (ODIs) & 84 Twenty20 Internationals (T20I).
ii.He was part of the Sri Lankan Team which won the 2014 T20 World Cup which was held in Bangladesh.
iii.He is one of the 3 players (other than Brett Lee & Lasith Malinga) to have taken hat-tricks in both ODI & T20I formats.

Lewis Hamilton wins F1 Portugese GP 2021;Jack Miller wins 2021 Spanish Grand Prix of MotoGP

Mercedes’ driver Lewis Hamilton (Britain) won the Portuguese Grand Prix 2021 of Formula One (F1) held at Algarve International Circuit in Portimao, Portugal. It is Hamilton’s 97th Career Victory.
i.Moto GP – In MotoGP, Australia’s Jack Miller (Ducati) won the 2021 Spanish GP held at Circuito de Jerez, Andalusia, Spain.
Formula One- Portuguese Grand Prix 2021:
i.Red Bull Racing Honda’s Max Verstappen (Netherlands) finished 2nd followed by Mercedes driver Valtteri Bottas (Finland). It is the 15th time that an Formula 1 Podium (highest in F1 history) has been held by the Trio of Hamilton, Verstappen & Bottas (in no particular order). The F1 Championships are organised by Federation Internationale de l’Automobile (FIA).
About Federation Internationale de Motocyclisme (FIM)
President – Jorge Viegas
Headquarters – Mies, Switzerland
About Federation Internationale de l’Automobile (FIA):
President – Jean Todt
Headquarters – Paris, France

Miscellaneous

SpaceX Returns 4 Astronauts to Earth from ISS; in a Rare Night Splashdown off Florida coast

A SpaceX Crew Dragon capsule, Resilience carrying 4 astronauts returned from the International Space Station(ISS) and splashdown into the Gulf of Mexico off the coast of Panama City, Florida, USA after a six-and-a-half-hour flight. Since the arrival of Apollo 8 in the Pacific Ocean on December 27, 1968, this was the U.S. crew’s first night time splashdown (in darkness). The 4 Astronauts were: Victor Glover, Mike Hopkins and Shannon Walker (3 from America) and Soichi Noguchi (one from Japan)
About SpaceX:
Establishment – 2002
Chief Executive Officer – Elon Musk
Headquarters – California, USA
About National Aeronautics and Space Administration (NASA):
Establishment – 1958
Administrator – Bill Nelson (14th NASA administrator)
Chief Scientist – Jim Green
Headquarter – Washington D.C, United States

World’s Largest Aeroplane built by Stratolaunch completes Test Flight

The World’s Largest Aeroplane codenamed ‘Roc’ successfully completed its 2nd Test Flight. The Aeroplane being built by Stratolaunch, an US based Aerospace Company was tested at Mojave Air and Space Port in California, US. The Aeroplane has 2 flights under its belt and has a wingspan of 385 feet (117 feet). It is designed to transport hypersonic vehicles and facilitate easy access to space. It is also capable of launching rockets from high altitude. It is capable of carrying 550, 000-pound payload and can achieve a top speed of up to 190 mph (320 kph). The 1st flight of the Aeroplane was done in April, 2019.
About Stratolaunch
President & CEO – Jean Floyd
Headquarters – Mojave, California, USA

Vijay Goel Takes Additional Charge as the CMD of THDC India Ltd

Vijay Goel, Director(Personnel) of THDC India Limited (THDCIL) has taken over the additional charge as the Chairman and Managing Director (CMD) of THDCIL from May 1, 2021.He Succeeds Dhirendra Veer Singh (DV Singh), whose tenure ends on April 30, 2021.
About Vijay Goel:
i.Vijay Goel joined THDCIL as a senior personnel officer(SPO) from NHPC ltd.
ii.He has worked in the field of human resource management.
iii.He has also served as the General Manager and he was incharge of corporate communications law and arbitration functions.
About THDC India Limited:
CMD (additional Charge)- Vijay Goel
Headquarters– Rishikesh, Uttarakhand

Former Supreme Court Judge P C Pant appointed Acting Chairperson of NHRC

Justice (retired) Prafulla Chandra Pant (PC Pant), a Former Supreme Court Judge had been appointed as Acting Chairperson of National Human Rights Commission (NHRC) with effect from April 25, 2021.He Succeeds Justice H.L. Dattu, whose tenure ended on December 2, 2020. His appointment was authorized by President of India, Ram Nath Kovind. The term of office of the NHRC Chairperson and members of the NHRC is for five years or till the age of 70 years, whichever 0
About National Human Rights Commission (NHRC)
Secretary General (CEO of Commission) – Bimbadhar Pradhan, IAS
Headquarters – New Delhi

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