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 Smartkeeda presents
Full-Length Current Affairs MockDrill Series

April 2024
Daily CA PDF - 3
(PDF in English)

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 INDEX
National & States Affairs …..…………………………………………………………………………………… 5
International Affairs …..…………………………………………………………………………………………. 6
Banking, Finance, Insurance & Economic Affairs …….………………………………………………. 6
Defence Affairs ……….……..…………………………………………………………………………………….. 7
Science & Technology ………………………………………………………………………………………….... 7
Appointments & Resignations ……………………………………………………………………………….. 7
Schemes & Initiatives .......…………..………………………………………………………………….……… 9
Ranks, Reports & Surveys …………………………………………………………….............................. 9
MoUs, Collaborations & Partnerships …………………………………………………………………… 10

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 National & States Affairs
1. Romania and Bulgaria partially joined Europe’s ID-check-free travel zone, called
“Schengen area”. With this addition, the Schengen area now has 29 members. The
Schengen Area was established in 1985. Before Bulgaria and Romania’s admission, it was
comprised of 23 of the 27 EU member countries, along with Switzerland, Norway, Iceland
and Liechtenstein. Bulgaria and Romania joined the EU in 2007. Austria vetoed Romania
and Bulgaria’s admission into the Schengen zone at the end of 2022. {Read more}
Smart Points:
 Romania + Bulgaria = joined Europe’s ID-check-free travel zone, called “Schengen area”
 Schengen area:
- established in 1985
- has total 29 members
- has 25 EU members
- Non-EU members: Switzerland, Norway, Iceland & Liechtenstein
 Bulgaria & Romania joined the EU in 2007
 HQs of EU – Brussels, Belgium | Member Countries – 27
President of European Parliament – Roberta Metsola
President of European Council – Charles Michel
President of European Commission – Ursula von der Leyen

2. India plans to build its first privately-managed Strategic Petroleum Reserve (SPR) by 2029-30, granting the operator the
freedom to trade all of the stored oil. India plans to build two new SPRs - the first a 18.3 million barrels cavern at Padur in
Karnataka, and then a 29.3 million barrels SPR in Odisha - with private partners allowed to trade all of the oil locally. So far,
India has allowed only partial commercialisation for its 3 existing SPRs in southern India. India is the world’s 3rd biggest oil
importer and consumer. Expanding oil storage capacity would also help India join the International Energy Agency (IEA),
which requires its members to hold a minimum of 90 days of oil consumption. {Read more}
Smart Points:
 India plans to build its first privately-managed Strategic Petroleum Reserve (SPR) by 2029-30
 Aim: To grant the operator the freedom to trade all of the stored oil
 India plans to build two new SPRs:
- a 18.3 million barrels cavern at Padur, Karnataka
- a 29.3 million barrels SPR in Odisha
 India is the world’s 3rd biggest oil importer & consumer
 IEA requires its members to hold a minimum of 90 days of oil consumption
 HQs of IEA – Paris, France | Executive Director – Dr. Fatih Birol | Member countries – 30 | Founded – 1974

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3. The Municipal Corporation of Delhi (MCD) has extended the last date for geo-tagging of properties till June 30, 2024, in
a move to give another opportunity to taxpayers to register their property with the civic body. If a taxpayer fails to geo-tag
their property, they cannot avail the rebate on the lumpsum payment of tax by June 30 in the current financial year 2024-
25. Geo-tagging of properties refers to assigning a unique latitude-longitude coordinate to a property on a GIS map by
selecting the current location against any Unique Property Identification Code (UPIC) so that all properties have their
location identified against a unique latitude-longitude position. {Read more}
Smart Points:
 MCD – extended last date for geo-tagging of properties till June 30, 2024 for taxpayers to register their property
 Geo-tagging of properties – assigning unique latitude-longitude coordinate to property on GIS map against any UPIC
 UPIC – Unique Property Identification Code
 Delhi: CM – Arvind Kejriwal | Lt. Governor – Vinai Kumar Saxena | Chief Secretary – Naresh Kumar

International Affairs
4. On April 3, the World Health Organization (WHO) has unveiled revolutionary advancement in digital health promotion,
“S.A.R.A.H.”, the Smart AI Resource Assistant for Health. Representing a significant leap forward in AI-powered health
information dissemination, ‘SARAH’ harnesses the power of generative artificial intelligence (AI) to provide enhanced,
empathetic responses tailored to users’ needs. This cutting-edge digital health promoter is designed to engage users
round the clock in 8 languages, covering a myriad of health topics on any device. Powered by generative AI technology
developed by Soul Machines Biological AI, ‘SARAH’ offers dynamic, personalized conversations that closely mimic human
interactions. {Read more}
Smart Points:
 WHO – unveiled advancement in digital health promotion, “S.A.R.A.H” (Smart AI Resource Assistant for Health)
 It is designed to engage users round the clock in 8 languages, covering a range of health topics on any device
 It is powered by generative AI technology developed by – Soul Machines Biological AI
 HQs of WHO – Geneva, Switzerland | DG – Tedros Adhanom | Member Countries – 194 | Founded in – 1948

Banking, Finance, Insurance & Economic Affairs

5. TATA AIG General Insurance Company Limited, a leading general insurance provider,
has launched “Travel Guard Plus”, a comprehensive travel insurance product that
redefines complete coverage for travellers with an array of bundle plans. TATA AIG’s
Travel Guard Plus has been meticulously designed to meet people’s diverse travel
needs with a wide range of plans where 41 different types of covers has been packaged
to meet the need of customers, including Loss of Personal Baggage, Compassionate Travel/Stay, Accommodation
extension, Up-gradation to Business class, Personal Accident in India, and Instant Gratification. Customer can choose from
3 add-on bundles - Cruise Bundle, Travel Plus Bundle, and Accident Bundle. {Read more}
Smart Points:
 TATA AIG General Insurance Company Ltd – launched “Travel Guard Plus”
 Aim: To redefine complete coverage for travellers with an array of bundle plans
 HQs of Tata AIG Gen Ins – Mumbai, Maharashtra | MD & CEO – Neelesh Garg

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 Defence Affairs
6. On April 3, the new generation ballistic missile “Agni-Prime” was successfully flight-tested by the
Strategic Forces Command (SFC) along with the Defence Research and Development Organisation
(DRDO) from the Dr APJ Abdul Kalam Island off the coast of Odisha. The test met all the trial objectives
validating its reliable performance. Agni-P is a two-stage canisterised solid propellant ballistic missile
with dual redundant navigation and guidance system. It has a range of 1,000-2,000km and was tested
for the first time in June 2021. It is lighter than all the earlier Agni series of missiles. {Read more}
Smart Points:
 SFC + DRDO = successfully flight-tested ballistic missile “Agni-Prime” from Dr APJ Abdul Kalam Island, Odisha
 Agni-P – a two-stage canisterised solid propellant ballistic missile with dual redundant navigation & guidance system
 Range – 1000-2000 km | It was tested for first time in June 2021
 HQs of DRDO – New Delhi | Chairman – Samir V. Kamat | Established in – 1958
 Odisha: Capital – Bhubaneswar | CM – Naveen Patnaik | Governor – Raghubar Das

Science & Technology

7. US space agency, National Aeronautics and Space Administration (NASA), has named three companies to develop the
“Flexible Logistics and Exploration (FLEX)” rover for the first crewed missions to the Moon, since 1972. Texas-based
Intuitive Machines, Colorado-based Lunar Outpost, and California-based Venturi Astrolab, have been tasked with
developing designs under a contract with a combined maximum potential value of $4.6 billion. The NASA will choose one
of these companies to carry out a test run for its Lunar Terrain Vehicle (LTV) before the arrival of the crew for the Artemis
5 mission. The FLEX rover is designed to carry two suited astronauts, support scientific exploration with a robotic arm,
perform cargo logistics, and withstand the extreme temperatures at the lunar South Pole. Intuitive Machines has been
given an initial $30 million to advance its prototype, called the ‘Reusable Autonomous Crewed Exploration Rover (RACER)’,
with partners including AVL, Boeing, Michelin and Northrop Grumman. {Read more}
Smart Points:
 NASA – named 3 companies to develop “FLEX” rover for first crewed missions to Moon, since 1972
 FLEX – Flexible Logistics and Exploration | Financial outlay – $4.6 billion
 3 companies – Intuitive Machines (Teaxs), Lunar Outpost (Colorado) & Venturi Astrolab (California)
 Intuitive Machines – given an initial $30 million to advance its prototype, called ‘RACER’
 LTV - Lunar Terrain Vehicle | RACER – Reusable Autonomous Crewed Exploration Rover
 HQs of NASA – Washington D.C., US | Administrator – Bill Nelson | Founded in – 1958

Appointments & Resignations

8. On April 2, Sanjay Nayar, Founder & Chairman of Sorin Investment Fund, has taken over
as the President of ASSOCHAM for 2024-25. He succeeds Ajay Singh, Co-Founder & CMD
of SpiceJet, who has completed his tenure at the apex industry chamber. Mr Sanjay brings
with him an experience of four decades in global financial and capital markets, including
25 years at Citi and nearly 14 at KKR. He is also a member of the Board of the US-India
Strategic Partnership Forum (USISPF). {Read more}

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Smart Points:
 Sanjay Nayar – appointed as President of ASSOCHAM for 2024-25 (succeeding - Ajay Singh)
 He is also a member of Board of US-India Strategic Partnership Forum (USISPF)
 HQs of ASSOCHAM – New Delhi | President – Sanjay Nayar

9. India’s track and field legend, Shiny Wilson, has been nominated for membership of the Asian
Athletic Commission (AAA) for 4 years, from 2024 to 2028. The nomination was confirmed by the
Chairman of the Asian Athletic Commission, Mohammad Suleiman. Shiny is considered a legend
in the Indian athletic circle. She represented India in 4 Olympic Games (1984 Los Angeles, 1988
Seoul, 1992 Barcelona and 1996 Atalanta), 3 Asian Games, 6 Asian Championships and 7 SAF
Games. She was the first Indian track and field athlete to make it to the semifinal stage at the
Olympic Games, achieving the feat in Los Angeles in 1984. Shiny set the 800m national record after returning just months
after childbirth. Notably, in the 1992 Olympic Games, she became the first woman to carry the Indian flag in the Athlete’s
Parade at an Olympic Games. She was awarded the Arjuna Award in 1995 and the coveted Padma Shri award, the fourth-
highest civilian award, in 1998. {Read more}
Smart Points:
 Shiny Wilson – nominated for membership of Asian Athletic Commission (AAA) from 2024 to 2028
 Her representation:
- 4 Olympic Games (1984 Los Angeles, 1988 Seoul, 1992 Barcelona & 1996 Atlanta)
- 3 Asian Games
- 6 Asian Championships
- 7 SAF Games
 In 1992 Olympics, she became first woman to carry Indian flag in Athlete’s Parade at Olympics
 She has been awarded with – Arjuna Award (1995) & Padma Shri award (1998)
 HQs of AAA – Pathum Thani, Thailand | President – Dahlan Jumaan al-Hamad | Chairperson – Mohammad
Suleiman | Founded in – 1973

10. In view of the ongoing Lok Sabha election, the Centre has approved the extension to the Maharashtra
Chief Secretary Nitin Kareer, an IAS officer 1988 batch, for 3 months from April 1 to June 30, 2024. Kareer,
who took over on December 31, 2023, was to retire on March 31, 2024. {Read more}
Smart Points:
 Nitin Kareer – got extension as Maharashtra Chief Secretary for 3 months (till June 30, 2024)
 Maharashtra: Capital – Mumbai | CM – Eknath Shinde | Governor – Ramesh Bais

11. On April 3, Senegal’s new President Bassirou Diomaye Faye has appointed firebrand politician and
key backer Ousmane Sonko as Prime Minister. Faye, a former tax inspector, is Senegal’s 5th President
since independence from France in 1960. Sonko, also a former tax inspector, is associated with PASTEF
party. {Read more}
Smart Points:
 Ousmane Sonko – appointed as Prime Minister of Senegal
 Senegal – Dakar | President – Bassirou Diomaye Faye | PM – Ousmane Sonko

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 Schemes & Initiatives
12. Effective from April 1, central government employees enrolled in the Central Government Health Scheme (CGHS) are
required to link their CGHS beneficiary ID with their Ayushman Bharat Health Account (ABHA) ID. This directive comes
from the Department of Health & Family Welfare under the Ministry of Health and Family Welfare. Existing CGHS
beneficiaries must complete this linking process within 30 days. Ayushman Bharat Health Account (ABHA) serves as a
single account that can be used across all government hospitals and programs, streamlining the management of health
records. Each ABHA card features a distinct 14-digit identification number known as the ABHA ID. {Read more}
Smart Points:
 Directions issued by Department of Health & Family Welfare under Ministry of Health & Family Welfare:
 From April 1, Central Govt employees enrolled in CGHS have to link their CGHS beneficiary ID with their ABHA ID
 ABHA – Ayushman Bharat Health Account
 ABHA – only account used across all government hospitals & programs, streamlining management of health records
 ABHA ID – a distinct 14-digit identification number on each ABHA card
 Ministry of Health & Family Welfare: Mansukh L. Mandaviya | Constituency – Palitana, Gujarat
MoS in Ministry of Health & Family Welfare: Bharati Pravin Pawar & S. P. Singh Baghel

Ranks, Reports & Surveys

13. With an estimated fortune of $233 billion, Bernard Arnault, the renowned
Chairman and CEO of LVMH, has secured the top spot on Forbes’ 38th annual
“World’s Billionaires List” for the second consecutive year. He is followed by
Elon Musk (CEO of Tesla Motors) with a net worth of $195 billion, and Jeff Bezos
(Founder & Former CEO of Amazon) with $194 billion at second & third places.
The United States leads the world in billionaire count, boasting 813 individuals,
followed by China with 473 billionaires. India has also seen a significant rise in
billionaire numbers, reaching a record 200 individuals. Mukesh Ambani Emerges as Asia’s Wealthiest Individual and ranked
9th in the world with a net worth of $116 billion. Following Ambani, Gautam Adani secures the second spot as India’s
wealthiest individual, boasting a net worth of $84 billion. Savitri Jindal, India’s wealthiest woman, also maintains her
prominent position, ascending to become India’s fourth-richest individual, with a net worth of $33.5 billion. {Read more}
Smart Points:
 38th “World’s Billionaires List” – released by Forbes
 1st – Bernard Arnault ($233 billion) | 2nd – Elon Musk ($195 billion) | 3rd – Jeff Bezos - ($194 billion)
 US leads the world in billionaire count, boasting 813 individuals, followed by China with 473 billionaires
 In Asia: 1st - Mukesh Ambani ($116 billion) | 2nd - Gautam Adani ($84 billion)

14. Coal is projected to continue as the backbone of the Indian energy system until the next two decades, according to a
report titled “Synchronising energy transitions towards a possible Net Zero for India: Affordable and Clean Energy for All”
released by IIM Ahmedabad. The report was launched by Prof Ajay Kumar Sood, Principal Scientific Adviser (PSA) to the
Government of India. The report asserted that net zero is not possible without substantial nuclear power and renewable
energy generation by 2070. The report said India’s emissions would range between 0.56 btCO2 (billion-tonne of carbon
dioxide) and 1.0 btCO2 in 2070. The report was sanctioned in November 2021 by the Office of the PSA to the GoI with
part-funding (one-third) from Nuclear Power Corporation of India Ltd (NPCIL). {Read more}

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Smart Points:
 IIM Ahmedabad – released a report titled “Synchronising energy transitions towards a possible Net Zero for India:
Affordable and Clean Energy for All”
 Launched by – Prof Ajay Kumar Sood (PSA to GoI)
 As per the report:
- Coal is projected to continue as the backbone of the Indian energy system until the next two decades
- Net zero is not possible without substantial nuclear power and renewable energy generation by 2070
- India’s emissions would range between 0.56 btCO2 (billion-tonne of carbon dioxide) and 1.0 btCO2 in 2070

15. India was the 2nd largest importer of ethane from the US, after China, in 2023, aided by rising demand for
petrochemicals. Ethane is used to produce plastics, anti-freeze and detergents. China imported 45% of US ethane exports
in 2023, followed by India (16%), Canada (14%) and Norway (10%). The US witnessed its exports average at a record
4,71,000 barrels per day (b/d) during 2023. The US emerged as a leading exporter of ethane aided by lower prices of the
commodity. India, the world’s third largest energy consumer, imported 74,000 b/d of ethane from the US in 2023. In
March, GAIL (India), ONGC and Shell Energy India signed a tripartite MoU to explore opportunities for import of ethane
and other hydrocarbons and development of evacuation infrastructure at Shell Energy Terminal, Hazira, Gujarat. {Read
more}
Smart Points:
 India – the 2nd largest importer of ethane from the US in 2023 (1st - China)
 China imported 45% of US ethane exports in 2023, followed by India (16%), Canada (14%) & Norway (10%)
 US witnessed its exports average at a record 4,71,000 barrels per day (b/d) during 2023
 India (world’s third largest energy consumer) – imported 74,000 b/d of ethane from the US in 2023
 GAIL + ONGC + Shell Energy India = an MoU to explore opportunities for import of ethane & other hydrocarbons
 HQs of GAIL – New Delhi | MD & Chairman – Sandeep Kumar Gupta | Founded in – 1984
 HQs of ONGC – New Delhi | Chairman & CEO – Arun Kumar Singh | Founded in – 1956

MoUs, Collaborations & Partnerships

16. On April 2, German luxury carmaker BMW Group and Tata Technologies have
signed an agreement to form a joint venture (JV) to establish an Automotive Software
and IT development Hub in Pune, Bengaluru and Chennai. The main development and
operations activities shall be established at Bengaluru and Pune. In Chennai, the focus
shall be on business IT solutions. BMW Group and Tata Technologies hold a 50% stake
each in the newly-formed JV. The JV will have 100 trained and experience
professionals of the Tata group firm since inception. {Read more}
Smart Points:
 BMW Group + Tata Technologies = a 50:50 JV to establish an Automotive Software & IT development Hub
 Hub is to be established in Pune, Bengaluru & Chennai
 HQs of Tata Technologies – Pune, Maharashtra | MD & CEO – Warren Harris
 HQs of BMW Group – Munich, Germany | Chairman – Oliver Zipse

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17. Bharat Earth Movers Limited (BEML) and Bharat Electronics Limited (BEL) have signed an MoU to jointly develop an
indigenous Train Control Management System (i-TCMS), aimed at revolutionising rail communication technology in the
country. BEML and BEL aim to drive innovation and foster self-reliance in the critical domain of train control management
systems. Currently, Train Control Management Systems (TCMS) are predominantly supplied by propulsion suppliers,
leading to dependency on imported technology. In line with the “Make in India” initiative, the collaboration aims to
develop TCMS indigenously to meet the future needs of rail projects in the country. {Read more}
Smart Points:
 BEML + BEL = an MoU to jointly develop an indigenous Train Control Management System (i-TCMS)
 Aim: To revolutionise rail communication technology & foster self-reliance of TCMS
 HQs of BEML Limited – Bangalore, Karnataka | CMD – Amit Banerjee
 HQs of BEL – Bengaluru, Karnataka | CMD – Bhanu Prakash Srivastava (addi. charge)

18. The Indian Institute of Corporate Affairs (IICA) has partnered with HP India to
introduce ‘HP Future Impact Leaders - IICA Certified ESG Professional Programme’.
This initiative aims to promote sustainability and empower corporate social
responsibility (CSR) professionals to emerge as leaders in navigating the intricacies
of Environmental, Social, and Governance (ESG) frameworks. Under this
programme, HP India in collaboration with IICA will offer 100% scholarships to 75
candidates, enabling them to pursue advanced education in ESG without financial
barriers. The programme is designed to cater to professionals either working in
business and human rights (BHR), ESG, environmental health and safety (EHS), sustainability, and CSR. Candidates must
possess a bachelor’s degree in any discipline and a minimum of 5 years of experience in relevant fields to be eligible for
the programme. Praveen Kumar is the Director-General and CEO of IICA. {Read more}
Smart Points:
 IICA + HP India = to introduce ‘HP Future Impact Leaders - IICA Certified ESG Professional Programme’
 Aim: To promote sustainability & empower CSR professionals to emerge as leaders in navigating ESG frameworks
 They will offer 100% scholarships to 75 candidates, enabling them to pursue advanced education in ESG
 Location of IICA – Gurgaon, Haryana | DG & CEO – Praveen Kumar

19. The Quality Council of India (QCI) and Laghu Udyog Bharati (LUB) have collaborated
to enhance awareness and participation in the “Micro, Small, and Medium Enterprises
(MSME) Competitive Lean Scheme (MCLS)” of the Ministry of MSME among the
members of Laghu Udyog Bharati (LUB), typically MSMEs. The MoU outlines a roadmap
for collaborative initiatives, including awareness programs, camps, and consultations at
state and district levels, to facilitate the adoption of lean principles and sustainable
practices under the scheme among the LUB members. To ensure smooth
implementation, a designated nodal officer from each organization will act as a single point of contact for all MCLS-related
matters. In this collaboration, NABET being one of the Implementing Agencies for MCLS, will encourage LUB members to
register for the scheme and will provide necessary support in the matter. Om Prakash Gupta is the General Secretary of
LUB. Dr Varinder Kanwar is the CEO of NABET. {Read more}
Smart Points:
 QCI + Laghu Udyog Bharati = to enhance awareness & participation in “MSME Competitive Lean Scheme”
 It outlines initiatives to facilitate adoption of lean principles & sustainable practices among LUB members

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 NABET (Implementing Agencies for MCLS) – will encourage LUB members to register & to provide necessary support
 HQs of QCI – New Delhi | Chairman – Jaxay Shah | Secretary General – Dr. Ravi P. Singh | Established – 1997
 HQs of NABET – New Delhi | CEO – Dr. Varinder Kanwar
 HQs of LUB – New Delhi | General Secretary – Om Prakash Gupta

20. Meta, the parent company of Facebook, WhatsApp and Instagram, announced
partnership with Press Trust of India (PTI) to expand its third-party fact-checking
programme in India. Meta includes news agency Press Trust of India (PTI) as a dedicated
fact-checking unit within the newswire’s editorial department. The partnership will
enable PTI to identify, review and rate content as misinformation across Meta
platforms. With the partnership with the PTI, Meta now has 12 fact-checking partners in India, the highest it has in any
country. It covers 16 Indian languages through existing fact-checking partners - Bengali, Telugu, Kannada, Malayalam,
Urdu, Punjabi, Assamese, Manipuri/ Meitei, Marathi, Gujarati, Tamil, Kashmiri, Bhojpuri, Oriya and Nepali - besides
English. Since 2016, Meta’s fact-checking programme has expanded to include nearly 100 organisations globally. The focus
of the programme is to address viral misinformation, particularly clear hoaxes that have no basis in fact. {Read more}
Smart Points:
 Meta + PTI = partnered to expand its third-party fact-checking programme in India in 16 Indian languages
 It will enable PTI to identify, review & rate content as misinformation across Meta platforms
 Meta now has 12 fact-checking partners in India, highest it has in any country
 HQs of PTI – New Delhi | Chairman – K. N. Shanth Kumar
 HQs of Meta – California, US | CEO – Mark Zuckerberg | Founded in – 2004

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 A GLIMPSE OF SOME GENUINE TESTIMONIALS

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 A GLIMPSE OF SOME GENUINE TESTIMONIALS

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ippines – Manila – Peso | President – Ferdinand Marcos Jr

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