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Daily Current Affairs 6th April, 2024: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 6th April, 2024. It includes all Major National, International, Business and Sports related current affairs of 6th April, 2024. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through these current affairs we would recommend to you to try 6th April, 2024 Current affairs test.

National News

India Sets Goal to Cease Urea Imports by 2025

India is on a mission to stop importing urea by 2025, aiming to increase local production and encourage the use of alternative fertilizers. This move is in reaction to the country’s heavy dependency on urea imports, which presently meet about 30% of its yearly requirement.

Meenesh Shah Takes Helm at NCDFI

Dr. Meenesh Shah has been unanimously elected as the Chairman of the National Cooperative Dairy Federation of India Ltd. (NCDFI), following the election of its new Board of Directors. NCDFI serves as the apex dairy cooperative at the national level.

Banking News

RBI Levies Fines on IDFC First Bank and LIC Housing Finance

For failing to adhere to specific regulatory requirements, the Reserve Bank of India (RBI) has fined IDFC First Bank and LIC Housing Finance. A ₹1 crore fine was imposed on IDFC First Bank due to inadequate due diligence before sanctioning loans for infrastructure projects to a public sector entity, as identified in the Statutory Inspection for Supervisory Evaluation of the financial year 2022.

Delay in Forex Derivatives Rules by RBI

The RBI has postponed the introduction of new rules for exchange-traded forex derivatives until May 3. These rules are intended to ensure that market participants have actual foreign-exchange exposure. The delay has led brokerages to advise clients to liquidate contracts in anticipation of significant market changes.

Virtual ATM Facility by J&K Bank with Paymart India

J&K Bank, in partnership with Paymart India Pvt Ltd, has introduced a Virtual ATM facility, enabling customers to withdraw cash without a card through local retailers. This service is particularly advantageous in regions like Jammu & Kashmir and Ladakh, where traditional ATM access is limited.

RBI’s CPI Inflation Forecast for FY25

The RBI, during its Monetary Policy Committee announcement, underlined the significance of keeping inflation in check for economic stability. The Consumer Price Index (CPI) inflation is projected to be 4.5% for the fiscal year 2024-25, with variations expected across the quarters.

Defence News

Akashteer System Enhances Indian Army’s Air Defence

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The Indian Army has started integrating the Akashteer system, a domestically developed automated air defence control and reporting system by Bharat Electronics Limited (BEL). This system is designed to unify the army’s air defence units, improving their operational efficiency.

Awards News

Corporate Social Responsibility Honors for SJVN

At the 15th CIDC Vishwakarma Awards 2024, SJVN Limited was awarded two prestigious accolades by the Construction Industry Development Council (CIDC) for its outstanding contributions to corporate social responsibility.

Schemes and Committees News

Najmi Waziri to Lead Delhi Forest Protection Committee

The Delhi High Court has appointed ex-judge Najmi Waziri as the head of a committee dedicated to the protection of Delhi’s forests, following reports of insufficient cooperation from various government departments in conservation efforts.

Sports News

Bilquis Mir Joins Paris Olympics Jury as First Indian Woman

Bilquis Mir, a Jammu and Kashmir canoeist, will become the first Indian woman to serve as a jury member at the forthcoming Summer Olympics in Paris, following her official nomination by the Indian Olympic Association (IOA).

Summits and Conferences News

Masdar to Host World Future Energy Summit in UAE

The World Future Energy Summit (WFES) will be hosted by Masdar, a leading clean energy company in the UAE, from April 16 to 18 at the Abu Dhabi National Exhibition Centre (ADNEC). The summit is a key international event focusing on future energy, clean technology, and sustainability.

Important Days

Celebrating International Day of Sport for Development and Peace

April 6th marks the International Day of Sport for Development and Peace, a day to acknowledge sports and physical activities’ capacity to promote social change, development, and peace. The 2024 theme emphasizes sports’ role in fostering inclusive and peaceful societies.

National Handmade Day Emphasizes Support for Local Artisans

The first Saturday of April, April 6th in 2024, is National Handmade Day, celebrating the craftsmanship of individuals creating handmade goods. The theme for 2024 urges people to support artisans by purchasing handmade products.

National Library Day Celebrates Reading and Knowledge Access

April 6th is observed as National Library Day, a day to honor the importance of libraries and librarians in providing access to knowledge and promoting reading across communities.

Miscellaneous News

Discovery of 5,200-Year-Old Harappan Settlement in Gujarat

An archaeological excavation in Kachchh, Gujarat, led by Kerala University researchers, has uncovered a Harappan settlement dating back 5,200 years at Padta Bet near Khatiya village. The findings offer significant insights into the cultural development of Early Harappan settlements in the area.

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