Top 5 Current Affairs: 1 April 2019

The merger of Bank of Baroda, Vijaya Bank, and Dena Bank became effective on April 1, 2019, marking the first-ever three-way merger in India's banking sector. The amalgamation of Vijaya Bank and Dena Bank into Bank of Baroda was first announced in September 2018.

Apr 1, 2019 17:40 IST
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ISRO launches EMISAT & 28 satellites

Indian space agency, Indian Space Research Organization (ISRO) on April 1, 2019 launched the electronic intelligence satellite EMISAT along with 28 other satellites of global customers.

These 28 satellites, together weighing about 220 kg, belong to Spain (1), Lithuania (2), Switzerland (1) and the United States (24). These include 20 Flock-4A satellites and 4 Lemur satellites. Emisat was launched into an altitude of 749 km orbit, while the 28 satellites were launched at an altitude of 504 km orbit.

Merger of Bank of Baroda, Vijaya Bank, Dena Bank: Power of 3

The merger of Bank of Baroda, Vijaya Bank, and Dena Bank became effective on April 1, 2019, marking the first-ever three-way merger in India's banking sector. The amalgamation of Vijaya Bank and Dena Bank into Bank of Baroda was first announced in September 2018.

With this, Dena Bank and Vijaya Bank became a part of the Bank of Baroda, leading to the creation of the India's second largest Public Sector Bank after the SBI and India’s third largest lender overall after the SBI and ICICI Banks with a total business of more than Rs 14.82 lakh crore.

Manu Sawhney takes charge as ICC CEO


India’s Manu Sawhney on April 1, 2019 took charge as the new Chief Executive of the International Cricket Council. Sawhney will work alongside incumbent ICC Chief Executive Dave Richardson, who will step down after the World Cup in July 2019.

Sawhney, former Managing Director of ESPN Star Sports, has already been working alongside outgoing Chief Executive Richardson for the last six weeks to ensure a smooth transition. Richardson will remain with the ICC until July as originally planned to oversee the delivery of the World Cup in the United Kingdom.

Anti-dumping duty imposed on import of solar cell component

India’s Manu Sawhney on April 1, 2019 took charge as the new Chief Executive of the International Cricket Council. Sawhney will work alongside incumbent ICC Chief Executive Dave Richardson, who will step down after the World Cup in July 2019.

Sawhney, former Managing Director of ESPN Star Sports, has already been working alongside outgoing Chief Executive Richardson for the last six weeks to ensure a smooth transition. Richardson will remain with the ICC until July as originally planned to oversee the delivery of the World Cup in the United Kingdom.

Slovakia elects first female president

The UAE Ministry of Education has agreed to issue equivalency for all Indian degrees that match the set criteria. The decision comes as a huge relief to the Indian expats living in the gulf nation.

The announcement was made through a press release issued by the Indian embassy in Abu Dhabi on March 31, 2019. The Indian Ambassador to UAE, Navdeep Singh Suri had called on the UAE Minister of Education, Hussain Al Hammadi, to resolve the issue.

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