Current Affairs 16 April 2022

Dear aspirants, to crack any type of competitive examination current affairs plays a significant role and for that we are providing daily important news that are most important for your examination. So we are here for you to provide the important Recent and Latest Current Affairs 16 April 2022.

Current Affairs 16 April 2022 includes all newspapers such as The Hindu, The Economic Times, Business Standard, Times of India, PTI, Indian Express, and all Government official websites.

 News Headlines 

1. Government launches country’s biggest ever Quiz Contest “Sabka Vikas Mahaquiz”
2. India to host Street Child Cricket World Cup in 2023
3. Madagascar joins India-backed Coalition for Disaster Resilient Infrastructure
4. IIT Madras launches first affordable, Made-In-India prosthetic knee called ‘Kadam’
5. TCS-led consortium bags Rs 550-crore order to deploy 4G gears in BSNL
6. RBI imposes penalties on Axis Bank, IDBI Bank
7. Axis Bank inks USD 150 mn partial guarantee pact with ADB to support supply chain financing
8. Young Indian Grandmaster R Pragganandhaa wins prestigious Reykjavik Open chess tournament
9. Tamil Nadu will celebrate April 14 as ‘Equality Day’ in memory of BR Ambedkar: CM Stalin
10. Cabinet approves pact between Sebi, Canada’s Manitoba Securities Commission
11. Cabinet approves signing of MoC between India and Japan in Decentralized Domestic Wastewater Management
12. Author Prem Rawat launches his book ‘Hear Yourself’ in Mumbai
13. Falguni Nayar wins EY Entrepreneur of the Year Award 2021

 News Details 

1. Government launches country’s biggest ever Quiz Contest “Sabka Vikas Mahaquiz”

• MyGov under the Ministry of Electronics and Information Technology is organising the Sabka Vikas Mahaquiz Series, which is part of an outreach effort to build awareness in citizens.
• The quiz aims to sensitise the participants about the various schemes and initiatives and how to avail the benefits.
• The quiz series will deepen government engagement at grassroot level.
• Sabka Vikas Mahaquiz launched on 14th April as a tribute to Dr. BR Ambedkar.

2. India to host Street Child Cricket World Cup in 2023

• India will host the Street Child Cricket World Cup in 2023.
• Organised by Street Child United and Save the Children India.
• In 2019, this championship was held in London where eight teams competed, and Team India South lifted the cup after beating hosts England.

3. Madagascar joins India-backed Coalition for Disaster Resilient Infrastructure

• Madagascar became the 30th country to join the India-backed Coalition for Disaster Resilient Infrastructure that aims to help small island nations develop resilience to deal with the adverse impact of climate change.
• The CDRI is a global partnership that aims to promote the resilience of infrastructure systems to climate and disaster risks ensuring sustainable development
• PM had launched the CDRI during his address at the UN Climate Action Summit in 2019

4. IIT Madras launches first affordable, Made-In-India prosthetic knee called ‘Kadam’

• IIT Madras researchers have launched the country’s first Made-in-India polycentric prosthetic knee.
• Called ‘Kadam’, the affordable prosthetic knee can transform the lives of thousands of above-knee amputees through not just mobility with ease, but also increased community participation, access to education, livelihood opportunities and overall well-being.

5. TCS-led consortium bags Rs 550-crore order to deploy 4G gears in BSNL

• A TCS-led consortium has bagged Rs 550 crore order from BSNL for deploying indigenously designed 4G network.
• The TCS consortium will initially deploy 6,000 mobile towers for BSNL 4G services.
• Telecom Minister Ashwini Vaishnaw had informed Parliament that indigenous 4G telecom network will soon be rolled out across India with the BSNL planning to install about 1.12 lakh tower

6. RBI imposes penalties on Axis Bank, IDBI Bank

• Reserve Bank of India said it has imposed a penalty of Rs 93 lakh on Axis Bank for various violations, including KYC guidelines.
• The central bank has also slapped a fine of Rs 90 lakh on IDBI Bank.
• The penalties are based on deficiencies in regulatory compliance and are not intended to pronounce upon the validity of any transaction or agreement entered by customers.

7. Axis Bank inks USD 150 mn partial guarantee pact with ADB to support supply chain financing

• Axis Bank has collaborated with Asian Development Bank for a partial guarantee programme with initial outlay of USD 150 million aimed at supporting supply chain financing for impact sectors.Special focus will be towards ESG, another priority sector, re-affirming both institutions’ commitments to positive developmental and environmental impact in the country.

8. Young Indian Grandmaster R Pragganandhaa wins prestigious Reykjavik Open chess tournament

• Young Indian Grandmaster, R Pragganandhaa won the prestigious Reykjavik Open chess tournament in Reykjajvik, Iceland with 7.5 points from nine rounds.
• The 16-year-old Pragganandhaa defeated compatriot GM D Gukesh in the final round to emerge sole winner.
• He had recently hogged the limelight after stunning world No.1 Magnus Carlsen in an online tournament.

9. Tamil Nadu will celebrate April 14 as ‘Equality Day’ in memory of BR Ambedkar: CM Stalin

• Making a statement under Rule 110 in the Assembly, CM MK Stalin said that Ambedkar’s birth anniversary will be observed as ‘Samathuva Naal’ (Equality Day).
• The CM also announced that selected works of Ambedkar will be translated to Tamil by the TN government.
• CM Stain said that the day will be celebrated like how Periyar’s birthday is observed as ‘Social Justice Day’.
• September 17, the birth anniversary of social reformer Periyar EV Ramasamy.

10. Cabinet approves pact between Sebi, Canada’s Manitoba Securities Commission

• The Union Cabinet has approved signing of a pact between the Securities and Exchange Board of India (Sebi) and Canada’s Manitoba Securities Commission.
• The bilateral Memorandum of Understanding (MoU) seeks to have a formal basis for cross-border co-operation in the area of securities regulations.

11. Cabinet approves signing of MoC between India and Japan in Decentralized Domestic Wastewater Management

• Union Cabinet, chaired by Prime Minister Narendra Modi, gave its ex-post facto approval for a Memorandum of Cooperation signed between the Department of Water Resources, River Development and Ganga Rejuvenation (DoWR, RD&GR), Ministry of Jal Shakti and The Ministry of the Environment of Japan in the areas of Decentralized Domestic Waste Water Management.

12. Author Prem Rawat launches his book ‘Hear Yourself’ in Mumbai

• Author Prem Rawat has launched his book ‘Hear Yourself’ for the Indian subcontinent in Mumbai.
• This New York Times bestseller book is already available in 58 countries & 5 languages.
• His book is to help people understand their own potential.
• It will help them find peace in a noisy world.
• He also advised the audience that they have more wisdom in themselves than they perceive.

13. Falguni Nayar wins EY Entrepreneur of the Year Award 2021

• Nykaa founder & CEO, Falguni Nayar, was named ‘EY Entrepreneur of the Year 2021’ at a function in Mumbai.
• She will now represent India at the EY World Entrepreneur of the Year Award in June this year.
• Her start-up, Nykaa, is one of the profitable start-ups in the country with a strong omni-channel presence.

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