April 26 CA

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16 Questions

Where was India's 1st multipurpose green hydrogen pilot project inaugurated?

Jhakri, Himachal Pradesh

What was the purpose of expanding the committee formed by the Department of Pharmaceuticals?

Pricing reforms for drugs and medical devices

With which organization did KABIL sign a Memorandum of Understanding (MoU) for long-term collaboration in the field of geophysical investigations?

CSIR-NGRI

What did the International Financial Services Centres Authority (IFSCA) of India sign with the Capital Markets Authority (CMA) of Kuwait?

MoU to share information regarding technologies and innovation

What did the Reserve Bank of India (RBI) raise from April 24, 2024?

Minimum Capital Requirement for ARCs from Rs 100 crore to Rs 200 crore

Who was re-appointed as Deputy Governor of RBI for a period of one year?

T.Rabi Sankar

When did the Master Direction - Reserve Bank of India (Asset Reconstruction Companies) Directions, 2024 come into effect?

April 24, 2024

Who is the Chairman and Managing Director of SIVN Limited?

Geeta Kapur

Which entity imposed a monetary penalty of Rs 10 Lakh on NABFINS Limited?

Reserve Bank of India (RBI)

Which bank was barred from onboarding new customers through online and mobile banking channels?

Kotak Mahindra Bank Limited

Which company received in-principle approval from the RBI to operate as a payment aggregator?

PayU Payments Private Limited

Which institute from Delhi-NCR won the 'Crash and Burn' award from NASA's Human Exploration Rover Challenge?

Krishna Institute of Engineering & Technology (KIET) Group of Institutions

Who was re-appointed as the Managing Director and CEO of Axis Bank Limited?

Amitabh Singh Chaudhry

Who took charge as the United Nations (UN) Resident Coordinator in the Republic of Indonesia?

Gita Sabharwal

Who was appointed as the new Managing Director and CEO of Srei Infrastructure Finance Limited?

Hardayal Prasad

Who was named as an ambassador?

Usain Bolt

Study Notes

Green Hydrogen Pilot Project

  • India's 1st multipurpose (combined Heat and Power) green hydrogen pilot project inaugurated at Nathpa Jhakri Hydro Power Station (NJHPS) in Himachal Pradesh on April 23, 2024.
  • Project inaugurated by Geeta Kapur, Chairman and Managing Director of SIVN Limited.

Pharmaceuticals Pricing Reforms

  • Department of Pharmaceuticals under the Ministry of Chemicals and Fertilizers approved the expansion of the committee for pricing reforms for drugs and medical devices.
  • Committee expanded to include representatives from various industry bodies.

Geophysical Investigations

  • Khanij Bidesh India Limited (KABIL) signed a Memorandum of Understanding (MoU) with CSIR-NGRI for long-term collaboration in geophysical investigations on April 24, 2024.

International Financial Services Centres Authority

  • International Financial Services Centres Authority (IFSCA) signed a Memorandum of Understanding (MoU) with Capital Markets Authority (CMA) of Kuwait on April 23, 2024.
  • MoU aims to share information on technologies and innovation within the financial and regulatory ecosystem.

Reserve Bank of India

  • RBI issued Master Direction - Reserve Bank of India (Asset Reconstruction Companies) Directions, 2024, effective from April 24, 2024.
  • Minimum Capital Requirement for ARCs raised from Rs 100 crore to Rs 500 crore.
  • T.Rabi Sankar re-appointed as Deputy Governor of RBI for a period of one year.
  • RBI imposed a monetary penalty of Rs 10 Lakh on NABFINS Limited.
  • RBI barred Kotak Mahindra Bank Limited from onboarding new customers through online and mobile banking channels and issuing fresh credit cards.
  • PayU Payments Private Limited received in-principle approval from RBI to operate as a payment aggregator.

Awards and Appointments

  • Indian student teams from Delhi NCR and Mumbai won awards from NASA's 30th Human Exploration Rover Challenge (HERC) 2024.
  • Axis Bank Limited approved the re-appointment of Amitabh Singh Chaudhry as its Managing Director and CEO for a further period of 3 years.
  • Gita Sabharwal took charge as the United Nations Resident Coordinator in the Republic of Indonesia.
  • Hardayal Prasad appointed as MD & CEO of Srei Infrastructure Finance Limited.

Geeta Kapur inaugurated India's first multipurpose green hydrogen pilot project at Nathpa Jhakri Hydro Power Station in Himachal Pradesh. Learn about this significant initiative.

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