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April 2014 Current Affairs

1st April, 2014
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RBI keeps repo rate unchanged at 8 per cent and CRR at 4 per cent Pegs
growth rate between 5 to 6 per cent.
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US Secretary of State John Kerry met Israeli Prime Minister Benjamin
Netanyahu to salvage West Asia peace talks.
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The Reserve Bank of India (RBI) kept the repo rate unchanged at 8 per cent in its
first bi-monthly monetary policy statement for the year 2014-15. The GDP growth
for 2014-15 is expected at 5 to 6 per cent with downside risks. It has also kept the
cash reserve ratio (CRR) unchanged at 4 per cent.
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The marginal standing facility (MSF) rate and the Bank Rate remain unchanged at 9
per cent. However, the Liquidity Adjustment Facility (LAF) borrowing has been cut
to 0.25 per cent of net demand and time liability (NDTL).
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Fi No Phenomena causes less then normal mensoon.
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The new Companies Act, 2013, has come into force from today. However, many
sections are yet to be notified. Among these are setting up of a National Company
Law Tribunal (NCLT), a National Financial Reporting Authority (NFRA), winding-up
of sick companies and special courts. Companies will be required to follow the
provisions in this regard of the old Companies Act, 1956.
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Asian Development Bank, ADB, has said India's GDP is poised to accelerate to 5.5
per cent in 2014-15 on the back of improved performance in industry and services.
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3rd April, 2014
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The Sahara Group has expressed its inability before the Supreme Court to
immediately deposit 10,000 crore rupees for securing bail of its chief Subrata Roy
and its two directors. In a fresh proposal submitted to the Apex Court the company
said that it can deposit 2,500 Crore rupees immediately to SEBI.
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4
th
April, 2014
Supreme Court refuses to entertain a PIL seeking to restrain political
parties from entering into post-poll alliances.
ISRO to launch PSLV-C24 from Sriharikota this evening; Countdown
progressing smoothly.
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The Indian Space Research Organisation, ISRO is all set to launch its Polar Satellite
Launch Vehicle PSLV-C24 from Sriharikota.
The PSLV-C24 will put India's navigation satellite, the Indian Regional Navigation
Satellite System, IRNSS-1B into orbit after over 19 minutes of flight. If all goes
well, it will be ISRO's 25th consecutive successful launch of a PSLV.
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India ranks a hundred and second among the 132 countries on the Social Progress
Index, a measure of human wellbeing that goes beyond traditional economic
measures such as GDP or per capita income.
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5
th
April, 2014
Six major world powers - The US, The UK, France, Russia, China plus Germany
continued their expert-level talks for the second consecutive day in Vienna. The
expert level talks are aimed at fleshing out the details of a comprehensive long
lasting deal over Irans nuclear program. Irans top nuclear negotiator, Hamid
Baeidinejad, said that both sides discussed technical issues. The results of expert
level talks will be discussed at Iran and P5+1 meeting of deputy foreign ministers
next week.
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6
th
April, 2014
Devyani Khobragade episode as closed, saying there are residual issues which need
to be addressed. Foreign Secretary Sujatha Singh
DevyaniKhobragade, an IFS officer was arrested in New York on December 12 last
and was strip-searched, triggering a row between the two countries.
7
th
April, 2014
The Chief Vigilance Commissioner Pradeep Kumar has pleaded before the Supreme
Court today, to allow him to withdraw from dealing with the coalgate probe cases.
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8
th
April, 2014
Pulitzer Prize-winning Indian American novelist Jhumpa Lahiri's "Lowland" has been
shortlisted for this year's Baileys Prize, the UK's only annual book award for fiction
written by a woman. The book, set in Kolkata and Rhode Island in the US, is about
the lives of two brothers, their choices and their fate. Lowland was also shortlisted
for the Man Booker Prize. Five other books have also been shortlisted.
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US Scientists have found a novel way to transform trees into high-tech energy
storage devices for computers and other consumer electronics. Researchers at
Oregon State University have found that cellulose, a key component of trees, can
be heated in a furnace in the presence of ammonia, and turned into the building
blocks for super capacitors having a wide range of industrial applications.
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11
th
April, 2014
Reserve Bank Governor RaghuramRajan has said though the country has enough
foreign exchange reserves, no nation can fully insulate itself from external
vulnerabilities. At a conference organised by the Brookings Institution in
Washington yesterday he said that India is well-buffered with substantial reserves,
though no country can be de-coupled from the international system. In the just-
concluded financial year, the country's forex reserves crossed the 300 billion US
Dollar mark, the highest since December 2011.
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The country's exports rose 3.98 percent, to 312 billion dollars in the 2013-14 fiscal.
The trade deficit dropped to 138 billion dollars during the fiscal, from 190 billion in
the 2012-13 fiscal.

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Australian Prime Minister Tony Abbott
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12
th
April, 2014
Six security personnel killed in a naxal attack in Bijapur district in
Chhattisgarh.
Manavjit Singh Sandhu clinches Gold in Men's trap event of the ISSF
Shotgun World Cup in US.
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Chief Election Commissioner V S Sampath and Election Commissioners Zaidi and P
K Dash
Meanwhile, the Group of 20 Nations said it is closely monitoring the economic
situation in Ukraine. Finance Ministers and Central bank Governors of the G-20
nations said this in a joint communique, issued on the sidelines of the annual
meeting of the International Monetary Fund, IMF and the World Bank in
Washington. . The communique said that the situation in Ukraine highlights the
important role of the IMF as the worlds first responder to financial crises.
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13
th
April, 2014
Russia's Foreign Minister Sergei Lavrov says any armed action by Ukrainian
authorities in the east of Ukraine could undermine forthcoming talks.
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Palm Sunday commemorating Jesus Christ's triumphal entry into Jerusalem as king
is being celebrated by Christians all over the world. It is celebrated on the last
Sunday before Good Friday, the day Christ was crucified.
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14
th
April, 2014
Nation remembers Baba Saheb Ambedkar on his 123rd Birth
Anniversary.
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15
th
April, 2014
Supreme Court recognises transgenders as third gender;
recommends job quota and backward status.
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16
th
April, 2014
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Seventh edition of Indian Premier League cricket begins this evening in
Abu Dhabi.
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The seventh edition of the Indian Premier League Twenty-20 cricket tournament
begins. In the opener, defending champions Mumbai Indians will clash with Kolkata
Knight Riders in Abu Dhabi at 8
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17
th
April, 2014
Admiral R K Dhowan is the new Navy Chief .
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19
th
April, 2014
The captain of the sunk South Korean ferry has said that he delayed giving
evacuation orders because he feared that passengers would drift away. Lee Joon-
seok, 69, was arrested with two crew members. He has been criticised for not
giving orders to evacuate soon enough. The captain faces charges including
negligence of duty and violation of maritime law.
20
th
April 2014
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In Saudi Arabia, two more foreigners have died of the Middle East Respiratory
Syndrome, MERS Corona virus infection in Jeddah taking the overall death toll due
to the infection to 75 in the country. Five more new cases including two foreigner
medics have been reported infected with MERS in the city.
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21st April, 2014

Justice G. Rohini takes over as first woman Chief Justice of Delhi High
Court.
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The South Korean President Park Geun-hye
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22
nd
April, 2014
Supreme Court asks Mudgal Committee if it is willing to further probe BCCI
President N. Srinivasan and senior cricketers in the IPL scandal.
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25th April, 2014
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Israel suspends peace talks with Palestinians after Fatah-Hamas deal.
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26th April, 2014
PV Sindhu, and the duo of Jwala Gutta and Ashwini Ponnappa settle for a
bronze medal at the Asian Badminton Championships.
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27th April, 2014
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South Korea's Prime Minister Chung Hong-Won resigns over ferry mishap
that left over 300 people dead or missing.
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Justice Rajendra Mal Lodha was sworn in as the 41st Chief Justice of India. He
was administered the oath of office by the President Pranab Mukherjee at a function
in Rashtrapati Bhavan in New Delhi.
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28th April, 2014
The Supreme Court stayed the execution of death sentence of Mohd. Arif convicted
in 2000 Red Fort attack.
31st April, 2014
IraqPrime Minister Nouri Al Maliki
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