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Current Affairs One-Liner: 2nd April 2021

Published on April 02, 2021
  • ‘Investment Opportunities in India’s Healthcare Sector’ Report: It was released by NITI Aayog. The report mentions that investment in the healthcare sector of India will reach USD 372 billion by 2022.
  • Static Part: 
    • HQ of NITI Aayog: New Delhi
    • Chairperson of NITI Aayog: PM Narendra Modi
    • CEO of NITI Aayog: Amitabh Kant
  • The RBI has decided to fix the Ways and Means Advances (WMA) limit to Rs 1.2 lakh crore for the first half of FY22 i.e. from April 2021 to Sep 2021.
  • Static Part: 
    • WMA is the temporary loan facility offered by RBI to the centre and state governments as a banker to the government, under which the centre and state can borrow money from RBI for a tenure of 90 days. The interest rate on WMA is the repo rate which is currently 4%
Current Affairs One-Liner: 2nd April 2021
  • Awards and Recognition: Rajinikanth: He will be honoured with the 51st Dadasaheb Phalke Award.
  • The RBI has announced to extend the deadline for processing auto-debit payments by 6 months i.e. till 30th Sep 2021. Earlier, the central bank had directed banks, RRBs, NBFCs and payment gateways that processing of recurring transactions by using cards, PPIs (Prepaid Payment Instruments) or UPI will not be allowed after 31st March 2021 if they do not follow with Additional Factor of Authentication (AFA).
  • RBL Bank partnered with Tide (UK based banking fintech firm) to offer bank account support and infrastructure to the Tide India platform. Tide India works to serve SMEs of India.
  • Static Part: 
    • HQ of RBL Bank: Mumbai
    • Tagline of RBL Bank: Apno Ka Bank
  • As per World Bank, India’s GDP growth to be at 10.1% for FY22.
  • Static Part: 
    • HQ of World Bank: Washington DC, USA
    • President of World Bank: David Malpass
  • Important Days and Themes: 2nd April 2021: World Autism Awareness Day
    • 2nd April 2021: International Children’s Book Day
    • Theme for 2021: The Music of Words
  • Obituaries: Didier Ratsiraka: He was the former President of Madagascar.
  • India & Japan Signed Pacts for Healthcare Sector under GGP Scheme
  • WEF’s Global Gender Gap Report 2021
  • World Immunisation and Logistics Summit 2021
  • Axis Bank to Sell its UK Subsidiary to OpenPayd Holdings
  • Appointments on 2nd April 2021

Question: 

Q.1 RBI has extended the deadline for banks, RRBs, NBFCs and payment gateways to process the recurring payments through online transactions with Additional Factor Authentication on e-mandate till _____?
a. 30th Oct 2021
b. 31st Dec 2021
c. 30th Sep 2021
d. 30th June 2021
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Ramandeep Singh

Ramandeep Singh - Educator

I'm Ramandeep Singh, your guide to banking and insurance exams. With 14 years of experience and over 5000 successful selections, I understand the path to success firsthand, having transitioned from Dena Bank and SBI. I'm passionate about helping you achieve your banking and insurance dreams.

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