DAILY GK 1-2 MAY 2026
1.
WORLD INTELLECTUAL PROPERTY DAY 2026 – APRIL
26
·
World Intellectual Property Day (World IP
Day) is observed annually across the globe on April 26 to
promote awareness about intellectual property rights and highlight how patents,
copyrights, trademarks, and designs shape everyday life while celebrating
creativity and innovation.
·
2026 Theme: “IP and Sports:
Ready, Set, Innovate”.
·
The
first World IP Day was celebrated on 26 April 2001.
·
The date commemorates the enforcement of the Convention Establishing the WIPO, which
came into force in 1970.
2. WORLD
DAY FOR SAFETY AND HEALTH AT WORK 2026 – APRIL 28
·
World Day for Safety and
Health at Work is observed annually across the globe
on April 28 to promote safe workplaces, reduce
work-related accidents and diseases, and advocate for Occupational Safety and
Health (OSH) standards globally.
·
2026 Theme: “Let’s ensure a healthy psychosocial
working environment”.
·
The International Labour Organization (ILO)
instituted the World Day for Safety and Health at Work in 2003 during
the International Labour Conference (ILC), alongside the adoption of a global
occupational safety and health strategy.
·
The Day was first observed on 28
April 2003 .
3. INTERNATIONAL
JAZZ DAY 2026- APRIL 30
·
The United Nations (UN)’s International
Jazz Day is observed annually across the world on 30
April to celebrate jazz as a unifying global art form.
·
In November 2011, UNESCO General
Conference declared 30 April as “International Jazz Day.”
·
The inaugural International Jazz Day was
celebrated on 30 April 2012.
·
The Herbie Hancock Institute of
Jazz leads the planning, promotion, and production of
International Jazz Day each year.
·
2026 Host City-Chicago
(USA).
4. WORLD
IMMUNIZATION WEEK 2026 – APRIL 24 TO 30
·
World Immunization Week (WIW)
was observed annually across the globe in the last week of April,
led by the World Health Organization (WHO).
·
2026 Theme: “For Every Generation, Vaccines Work”.
·
WIW
Initiated in 2003 in the Americas, WIW expanded to all six WHO regions by 2012,
engaging over 180 countries, territories, and areas.
5.
AYUSHMAN BHARAT DIWAS 2026 – APRIL 30
·
Ayushman Bharat Diwas is
annually observed across India on April 30, under the Gram
SwarajAbhiyan to promote awareness of Ayushman Bharat, a flagship
initiative of the Ministry of Health and Family Welfare(MoHFW).
·
Ayushman Bharat was introduced following the
recommendations of the National Health
Policy 2017 to achieve Universal Health Coverage (UHC).
·
The scheme was launched by Prime Minister
Narendra Modi in Ranchi, Jharkhand on 23
September 2018.
6.
RBI REVOKES BANKING LICENCE OF PPBL
·
The Reserve Bank of India (RBI) revoked
the banking licence of Paytm
Payments Bank Limited (PPBL) due to its failure to comply with norms stipulated
in the payment bank licence issued to it.
·
The RBI imposed a penalty of Rs 41.8
lakh on Bandhan Bank for
non-compliance with regulatory norms, including Know Your Customer (KYC)
guidelines.
·
The RBI also imposed a penalty of Rs
80,000 on Muthoot Housing Finance
Company for non-compliance with its directions on the Fair Practices Code.
·
The RBI imposed a total penalty of Rs
2.60 lakh on Ebix Payments
Services Limited and two cooperative banks.
7. MISSION
JAGROOK AT 38TH SEBI FOUNDATION DAY
·
The Union Minister NirmalSitharamanlaunched Mission
Jagrook, a nationwide investor awareness campaign aimed at
protecting retail investors from misinformation, fraud and manipulative
financial content.
8. RBI
LAUNCHES MISSION SAKSHAM
·
The Reserve Bank of India (RBI)
launched Mission Saksham (Sahkari Bank Kshamta Nirman), a nationwide capacity-building programme aimed at strengthening the Urban Co-operative Banking (UCBs)
sector.
·
The initiative is expected to improve managerial and operational capabilities within
the sector and also strengthen compliance practices and institutional
resilience.
·
Under this mission, a large number of training programmes would be conducted for UCBs,
covering about 1.40 lakh participants.
9. RBI INTRODUCED
ECL FRAMEWORK
·
The Reserve Bank of India (RBI)
issued Master Direction: ‘The framework for classification of assets,
income recognition and provisioning, with a shift towards an Expected Credit
Loss (ECL)’ based approach and the directions will come into force
from April 1, 2027, replacing the existing norms.
·
RBI has
also announced a phased rollout of a new
reporting framework for all over-the-counter (OTC) foreign
exchange (FX) derivative contracts involving the rupee, effective
from July 1, 2027.
·
The banks
will transition from the traditional ‘incurred loss’
approach, where banks recognise losses only after a default occurs to the
forward-looking ECL model.
·
ECL: Under
an ECL framework, banks estimate
expected losses using forward-looking risk measures rather than waiting for
defaults to occur.
·
Loans
will continue to be classified as Non-Performing Assets (NPAs)
if repayments are overdue for more than
90 days.
·
Under the new framework, banks must report all OTC foreign exchange derivative contracts
involving the Indian rupee executed globally by their related parties,
including offshore entities.
·
This
covers both deliverable and
non-deliverable contracts.
·
All
authorized dealer Category-I banks must report such transactions to
the Clearing Corp. of India Ltd (CCIL).
10. RBI
EASES RULES FOR SMALL NBFCS
·
The Reserve Bank of India (RBI) issued
the final guidelines, RBI (Non-Banking Financial Companies(NBFC) –
Registration, Exemptions and Framework for Scale Based Regulation) Amendment
Directions,2026 for NBFCs not availing public funds
and not having customer interface.
·
The regulations come into effect from July
1, 2026.
·
Unregistered Type I NBFCs: NBFCs
that do not avail of public funds and do not have a customer interface and have
an asset size of less than Rs 1,000 crore (Crs) from the
requirement of registration with the RBI.
·
These entities will be classified as ‘Unregistered Type I NBFCs’, while all other NBFCs will be categorised as
‘Type II NBFCs’.
·
Existing
NBFCs meetingthese criteria have been given a one-time window to apply for deregistration by December 31,
2026, introducing, for the first time, a structured exit route from the
regulatory framework.
·
The RBI also issued directions in which it
has allowed banks and non-bank lenders
to implement suomotu resolution for borrowers affected by natural calamities
on the recommendation of the State Level
Bankers’ Committee (SLBC).
11.
SEBI OPERATIONALISES ‘PaRRVAFRAMEWORK’
·
Securities and Exchange Board of India (SEBI)
operationalised the ‘Past Risk and
Return Verification Agency (PaRRVA) framework’ to enhance transparency in performance claims
made by market intermediaries.
·
CARE Ratings Limited has
been granted recognition as the PaRRVA, while National Stock Exchange of India
Limited (NSE) will function as the PaRRVA Data Centre (PDC), in
line with the regulatory framework issued on April 4, 2025.
·
Pilot phase of PaRRVA was launched on December
8, 2025.
·
Post completion of the pilot phase, PaRRVA
will begin providing its services on a regular basis from May 4, 2026.
·
PaRRVA is India’s first to
independently validate performance
claims made by regulated intermediaries and unregistered finfluencers.
