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Current Affairs One - Liner : 3rd April 2025

Published on April 03, 2025
National:
  • On April 1, 2025, President Droupadi Murmu released a commemorative stamp to celebrate RBI’s 90th anniversary at Mumbai’s NCPA. The stamp depicts RBI’s journey from its Kolkata headquarters to its present Mumbai headquarters. It highlights RBI’s theme, "Stability. Trust. Growth."
Current Affairs One - Liner : 3rd April 2025
  • On 1st April 2025,The ICAR-Central Tuber Crops Research Institute (ICAR-CTCRI) developed a new biofortified sweet potato variety, SP-95/4, to enhance tribal food security. This orange-fleshed, pink-skinned sweet potato is rich in beta-carotene (8 mg/100g), addressing Vitamin A deficiency prevalent in tribal regions.
  • On April 2, 2025, the Rajya Sabha considered and passed the Immigration and Foreigners Bill, 2025, following its approval by the Lok Sabha on March 27, 2025. This Bill replaces outdated laws like the Foreigners Act, 1946, introducing provisions for mandatory registration, visa regulations, and penalties. It aims to streamline immigration processes and ensure national security.
  • On April 2, 2025, the DoT intensified anti-spam efforts under the Jan Bhagidari initiative, disconnecting 1.75 lakh unauthorized DID numbers linked to spam. Citizens can report Unsolicited Commercial Communications (UCC) through the Chakshu module in Sanchar Saathi.
  • Union Minister Shri Piyush Goyal inaugurated the second edition of Startup Mahakumbh on April 3, 2025, at Bharat Mandapam, New Delhi. Organized by DPIIT, it hosts 3,000 startups and 1,000 investors, fostering innovation in AI, HealthTech, and other sectors. The event emphasizes tribal entrepreneurship, showcasing over 45 tribal startups. It aims to strengthen India's global startup ecosystem.
  • The Copernicus Climate Change Service reported that January 2025 was the hottest January globally, with an average temperature of 13.23°C, 0.79°C above the 1991-2020 average. This marked 18 of 19 months exceeding 1.5°C above pre-industrial levels. Additionally, the Arctic sea ice extent was the lowest on record for January
International:
  • On April 2, 2025, the India-Australia Economic Cooperation and Trade Agreement (Ind-Aus ECTA) marked its third anniversary. It boosted bilateral trade to USD 24 billion in 2023-24, with a 14% rise in India's exports to Australia. Key beneficiaries include sectors like textiles, agriculture, and pharmaceuticals, alongside emerging exports such as Calcined Petroleum Coke.
Banking:
  • On April 3, 2025, Federal Bank launched the Fed StarBiz Credit Card in partnership with NPCI and Visa. Designed for SMEs, it integrates seamlessly with Overdraft (OD) or Cash Credit (CC) accounts and offers daily transaction limits up to ₹3 lakh.
Economy:
  • On April 1, 2025, Moody's projected India's GDP growth at 6.5% for FY26, leading the G-20 nations. This growth reflects strong domestic demand, favorable tax policies, and increased government capital expenditure.
MoUs:
  • On April 1, 2025, Maharashtra signed an MoU with Microsoft in Mumbai to establish three AI Centres of Excellence (CoEs). These centers in Mumbai, Pune, and Nagpur aim to integrate AI into governance and law enforcement. Highlights include AI training for government employees and enhanced forensic research.
Govt.Schemes:
  • On April 1, 2025, Assam launched the Mukhya Mantri Mahila Udyamita Abhiyan in Biswanath district to empower women entrepreneurs. The scheme provides ₹10,000 seed capital to women SHGs initially, benefiting 30 lakh women. Additional funding of ₹25,000 and ₹50,000 is offered based on effective utilization. This initiative aims to foster financial independence and micro-entrepreneurship.
Index & Ranking:
  • On April 2, 2025, NITI Aayog released the Fiscal Health Index (FHI) 2025 to evaluate fiscal stability across 18 major states. Odisha topped the rankings with a score of 67.8, excelling in debt sustainability and innovative revenue strategies. The index highlights challenges like high fiscal deficits in Punjab and West Bengal.
Important Days:
  • International Children’s Book Day, celebrated on April 2, honors the birthday of Danish author Hans Christian Andersen. The 2025 theme, "The Freedom of Imagination", highlights the role of children’s literature in fostering creativity and emotional growth.
Appointments:
  • Shri H. Shankar assumed charge as Managing Director of Chennai Petroleum Corporation Limited (CPCL) on April 2, 2025. With over three decades of experience, he previously served as Director (Technical) since October 2020.
  • On April 1, 2025, SC Ralhan was appointed as the President of the Federation of Indian Export Organisations (FIEO). His tenure will span until March 31, 2027, during which he aims to strengthen India's export competitiveness amidst global challenges.
  • On April 1, 2025, the Appointments Committee of the Cabinet (ACC) appointed Sivasubramanian Ramann as the Chairperson of the Pension Fund Regulatory and Development Authority (PFRDA) for a tenure of five years.
  • Kamal Haasan was appointed Chairperson of the FICCI Media and Entertainment Committee South on April 1, 2025, during the South Connect 2025 Conclave in Chennai. He emphasized bold storytelling, regional collaboration, and nurturing talent in India's media sector. His vision aims to transform the industry into a $100 billion powerhouse.
Awards & Honours:
  • Nikhil Singhal, media strategist and Founder of Vigor Media Worldwide, received the Uttar Pradesh Anmol Ratan Award on March 31, 2025, at Taj Lucknow. Presented by Akhilesh Yadav, the award recognizes his impactful work in PR and leadership as President of the Noida High Rise Federation.
Obituaries:
  • Hollywood legend Val Kilmer passed away on April 1, 2025, at the age of 65, due to pneumonia. Known for iconic roles in Top Gun, Batman Forever, and The Doors, he battled throat cancer since 2014.
  • Veteran Bollywood actor Manoj Kumar, famous for his patriotic roles, passed away on April 4, 2025, at 87 in Mumbai. Known as "Bharat Kumar," his iconic films like Shaheed and Upkar celebrated nationalism. He was honored with the Padma Shri and Dadasaheb Phalke Award.

Questions:

Q.1 What GDP growth rate did Moody's project for India for FY26?
a) 6.2%
b) 6.5%
c) 6.8%
d) 7.0%

Answer: b) Moody's projected a 6.5% GDP growth rate for India, reflecting strong domestic demand and favorable policies.

Q.2 Who was appointed as the Chairperson of the Pension Fund Regulatory and Development Authority (PFRDA) on April 1, 2025?
a) Sivasubramanian Ramann
b) H. Shankar
c) SC Ralhan
d) Kamal Haasan

Answer: a) On April 1, 2025, the Appointments Committee of the Cabinet (ACC) appointed Sivasubramanian Ramann as the Chairperson of the Pension Fund Regulatory and Development Authority (PFRDA) for a tenure of five years.
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