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Daily Current Affairs Handoutfor Competitive Exams
NEWSTHENO:1234 /11:12:2014
Current Affairs: April 10, 2019
https://examprep.talentsprint.com 1
April 10, 2019
Govt meets fiscal deficit target of 3.4% for FY'19
The government has managed to meet the revised
fiscal deficit target of 3.4% of the GDP after it cut
last minute expenditure and rolled over fuel
subsidies to make up for the shortfall in tax
collection. The interim Budget presented in
February revised upward the fiscal deficit target to
3.4% from 3.3% of GDP estimated earlier for 2018-19.
India to grow at 7.3% in 2019 and 7.5% in 2020: IMF
India is projected to grow at 7.3% in 2019 and 7.5%
in 2020, supported by the continued recovery of
investment and robust consumption, thus remaining
the fastest growing major economy of the world,
according to the IMF. In 2018, India's growth rate
was 7.1%, as against China's 6.6%. In 2019, the
International Monetary Fund (IMF) projected a growth rate of 6.3% for China and 6.1% in
2020, according to the latest World Economic Outlook projections released ahead of the annual
spring meetings of the International Monetary Fund and the World Bank.
Current Affairs: April 10, 2019
https://examprep.talentsprint.com 2
DBS Bank India launches the first edition of Hack2hire in Bengaluru
Through the initiative, it aims to hire over 100 of
the brightest minds in emerging technologies
such as Cloud Computing, AI, Machine Learning
and Big Data. The programme will focus on the
theme of ‘intelligent banking’. The initiative has
received over 2500 applications till date.
Hack2Hire Bengaluru will look to expand its scope and target to hire platform stability
Engineers, Mobile App Developers, Full Stack Developers, PaaS DevOps, DevOps Engineers,
QA Engineers, UI/UX Developers, Data analysts and Scrum Masters.
New MD & CEOs appointed for IOB and Canara Banks
According to the Department of Personnel
and Training (DoPT), the Appointments
Committee of the Cabinet (ACC) approved
the appointments following proposals from
the Department of Financial Services, under
the Union Ministry of Finance. The list is
as follows:
Current Affairs: April 10, 2019
https://examprep.talentsprint.com 3
Karnam Sekar, MD and CEO of the erstwhile Dena Bank, will take over as MD and
CEO of Indian Overseas Bank from July 1.
R.A. Sankara Narayanan, MD and CEO, Vijaya Bank, as MD and CEO in Canara Bank
with effect from "taking over charge of the post on or after April 1, 2019 till his
superannuation.
Vikramjit Sing Sahney, SUN Group Chairman, elected as the President of ICC
India
SUN Group Chairman Vikramjit Singh Sahney on
8th April elected as the new president of the
International Chamber of Commerce (ICC) - India.
He said the chamber would work with the
government to promote India's external trade.
Spain’s Garbine Muguruza claimed Monterrey Open title
Spain’s Garbine Muguruza successfully defended
her Monterrey Open title on Sunday when Victoria
Azarenka retired injured from her first WTA singles
final in three years. Second seed Muguruza was
leading the match between the two former World No
1s 6-1, 3-1 when Azarenka decided she was unable to
continue because of an injury to her right leg.
Current Affairs: April 10, 2019
https://examprep.talentsprint.com 4
World Homoeopathy Day: April 10
World Homeopathy Day is being observed
today to commemorate the birth anniversary of
the founder of Homeopathy, Dr Christian
Fredrich Samuel Hahnemann. On the
occasion, the Central Council for Research in
Homeopathy, CCRH, is organizing a two-day
convention in New Delhi. The council will take stock of the challenges faced and formulate
future strategies for the development of Homeopathy in the country. The theme of the
convention is linking research with education and clinical practice.
IMF cuts global growth estimate to 3.3%
The International Monetary Fund (IMF) on 9th
April cut its global growth forecast to the lowest
level since the financial crisis, warning of
significant downside risks to the world economy
including trade tensions, pockets of political
instability, mounting debt levels and increasing
inequality. The IMF lowered its growth forecast for 2019 to 3.3 percent from the previous level
of 3.5 percent in its latest World Economic Outlook (WEO).
Current Affairs: April 10, 2019
https://examprep.talentsprint.com 5
Algeria’s parliament appoints close associate of Bouteflika as interim president,
Protests erupt
Algeria’s parliament on 9th April appointed its
upper house chairman Abdelkader Bensalah as
interim president following the resignation of
Abdelaziz Bouteflika after weeks of mass protests
against his rule. Protesters, who are demanding
sweeping democratic reforms, are opposed to
figures like Bensalah, a close associate of Bouteflika and his inner circle who dominated Algeria
for decades.
Capital: Algiers
Currency: Algerian dinar
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