Stay ahead with the Top 10 Current Affairs for Judiciary on April 26, 2024, covering U.S.-Iran nuclear tensions, Lebanon’s World Bank loan, Air India’s Boeing deal, and more. This blog offers in-depth analysis and legal insights for Judiciary, APO, and JLO aspirants preparing for 2025 exams, enriched with landmark cases and practical applications.
Table of Contents
Introduction
As of April 26, 2025, staying updated with current affairs is essential for judiciary aspirants preparing for exams like Judiciary, APO, and JLO. This blog compiles the top 10 significant events from April 26, 2024, providing a detailed analysis with legal perspectives, international law implications, and practical applications. These topics are highly relevant for 2025 exam questions, case studies, and interviews, offering a bridge between contemporary issues and legal principles.
1. US-Iran Nuclear Tensions: A Historical and Contemporary Overview
Historical Context
The U.S.-Iran adversarial relationship began with the 1979 Islamic Revolution, overthrowing the U.S.-backed Shah, followed by the U.S. embassy hostage crisis, where 52 Americans were held for 444 days.
Geopolitical and Economic Factors
Tensions stem from conflicting interests, economic sanctions, and Iran’s nuclear ambitions, shaping a complex international legal landscape.
The 2015 JCPOA
The Joint Comprehensive Plan of Action (JCPOA) restricted Iran’s nuclear program—uranium enrichment to 3.67%, stockpile to 300 kg, and 5,060 centrifuges for 15 years—in exchange for eased sanctions and $100 billion in unfrozen assets.
U.S. Withdrawal and Aftermath
In May 2018, President Trump exited the JCPOA, reinstating sanctions. Iran responded by enriching uranium to 60%, nearing weapons-grade (90%).
2025 Resumed Negotiations
Confidential talks in Oman, led by U.S. negotiator Michael Anton, aim to revive the JCPOA or form a new deal, amid Iran’s reduced IAEA cooperation and a breakout time of weeks for a nuclear bomb.
Challenges and Concerns
Monitoring difficulties and regional instability, including Israel’s military threats and Iranian proxies (Hezbollah, Houthis), complicate negotiations.
Potential Outcomes
Success could de-escalate Middle East tensions; failure risks conflict, impacting global security laws.
Judicial Relevance
International law principles (e.g., treaties under Vienna Convention) and sanctions’ legality are key areas for exam analysis.
2. Lebanon Receives $250 Million World Bank Loan to Reform Electricity Sector
Lebanon signed a $250 million loan with the World Bank, the second IBRD loan for its electricity sector, to establish a national control center, improve billing systems, and develop 150 MW solar farms, saving $40 million annually.
Background
With 20 active World Bank projects ($1.5 billion in 2022) and a $116 million energy loan (2023), this addresses chronic outages and mismanagement.
Legal Perspective
International financial law and state accountability under loan agreements are relevant for judicial studies.
3. Air India in Talks with Boeing to Acquire 10 Planes Rejected by China
Air India negotiates for 10 737 MAX jets rejected by China due to the US-China trade war (over 100% tariffs), targeting Air India Express. This could boost growth and jobs but may strain forex reserves.
Legal Angle
Trade law, contract disputes, and aviation regulations offer case study material.
4. Pakistan Suspends Simla Agreement to Counter India’s Indus Water Move
Pakistan suspended the 1972 Simla Agreement, which established the Line of Control (LoC) and bilateral dialogue, after India’s response to the April 22 Pahalgam attack (26 deaths). Measures include closing the Wagah-Attari border and reducing Indian staff in Islamabad.
Indus Waters Treaty Warning
Pakistan warned against India suspending the 1960 World Bank-brokered Indus Waters Treaty, allocating Ravi, Beas, Sutlej to India, and Indus, Jhelum, Chenab (80% of Pakistan’s irrigation) to Pakistan.
Legal Significance
Treaty law and dispute resolution under international law are critical for exams.
5. THE Asia University Rankings 2025: IISc Bags Top Spot in India
Tsinghua University (China) tops the THE Asia Rankings 2025, followed by Peking University, National University of Singapore, Nanyang Technological University, and the University of Tokyo. India’s Indian Institute of Science (IISc) leads, with Anna University, IIT Indore, Mahatma Gandhi University, and Shoolini University following.
Relevance
Educational standards and intellectual property law tie into judicial practice.
6. New Zealand Set to Become First ICC Full Member to Launch a Franchise in Overseas League
New Zealand Cricket (NZC) will launch a Major League Cricket (MLC) franchise in 2027 with True North Sports Ventures (TNS), targeting Toronto and Atlanta, aiming to diversify revenue and expand globally.
Legal Angle
Sports law and franchise agreements are emerging judicial areas.
7. Indian Air Force Rafales, Su-30s Carrying Out Major Exercise “Aakraman”
The IAF’s Exercise Aakraman features Rafale jets in ground attack and electronic warfare drills, amid tensions with Pakistan. Enhanced by Meteor missiles and S-400 systems, it reflects modernization since 2019 Pulwama strikes.
Judicial Relevance
National security and humanitarian law are key.
8. Nipun Aggarwal Appointed as New Chairman of Air India Express
Campbell Wilson stepped down as Chairman of Air India Express, with Nipun Aggarwal, Chief Commercial Officer, appointed as his replacement. Captain Basil Kwauk will join the board post-approval, enhancing coordination post-Tata’s 2022 acquisition.
Legal Insight
Corporate governance and regulatory law are relevant.
9. RBI Cancels Licence of Ajantha Urban Co-operative Bank Maryadit
The RBI cancelled the licence of Ajantha Urban Co-operative Bank Maryadit (Aurangabad) on April 22, 2025, due to inadequate capital. Operations ceased, with DICGC insuring deposits up to Rs 5 lakh, disbursing Rs 275.22 crore to 91.55% of depositors.
Legal Implications
Banking regulations and depositor rights under RBI and DICGC frameworks are critical.
10. Kumar Mangalam Birla Receives Lata Deenanath Mangeshkar Award 2025
Kumar Mangalam Birla received the 2025 Lata Deenanath Mangeshkar Award on April 24, 2025, from RSS Chief Mohan Bhagwat, recognizing his Aditya Birla Group leadership. Other awardees included Suniel Shetty and Shraddha Kapoor.
Cultural Context
Intellectual property and cultural heritage laws intersect here.
Why This Matters for Judiciary, APO, and JLO Aspirants
For Prelims Preparation
- Key Facts to Memorize:
- JCPOA terms, Simla Agreement provisions, Indus Waters Treaty rivers.
- RBI’s monetary policy tools (CRR, SLR, Repo Rate).
- MCQ Examples:
- “Which treaty allocates Ravi, Beas, Sutlej to India? (A) Simla Agreement (B) Indus Waters Treaty (C) JCPOA (D) None.”
- “What is the maximum DICGC deposit insurance? (A) Rs 1 lakh (B) Rs 5 lakh (C) Rs 10 lakh (D) Rs 15 lakh.”
For Mains Preparation
- Essay Topics:
- “Impact of International Treaties on Indo-Pak Relations: A Legal Perspective.”
- “Role of Financial Institutions in National Recovery: The Lebanon Case.”
- Case Scenarios:
- Analyze the legality of U.S. withdrawal from JCPOA under international law.
- Discuss Pakistan’s suspension of the Simla Agreement post-Pahalgam attack.
For Interview Preparation
- Legal Insight:
- Explain the Indus Waters Treaty’s dispute resolution mechanism.
- Discuss the legal implications of RBI’s bank licence cancellation.
- Contemporary Relevance:
- Highlight India’s military modernization amid regional tensions.
- Analyze the economic impact of Air India’s Boeing deal.
Practical Exam Application
- Objective Questions: Focus on treaties, banking laws, and international rankings.
- Subjective Answers: Case-based analysis of U.S.-Iran tensions or Lebanon’s loan.
Challenges and Solutions
- Challenge: Complex international law topics (e.g., JCPOA, Simla Agreement).
- Solution: Study Vienna Convention and ICJ precedents.
- Challenge: Understanding financial regulations (RBI, DICGC).
- Solution: Review RBI Act and banking case laws.
Conclusion
The top 10 current affairs from April 26, 2024, offer a rich tapestry of legal, economic, and geopolitical issues for judiciary aspirants. From U.S.-Iran nuclear negotiations to India’s military exercises, these events provide critical insights for 2025 exam preparation, blending theory with real-world applications.
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FAQs
- What event marked the beginning of the U.S.-Iran adversarial relationship?
The 1979 Islamic Revolution that overthrew the U.S.-backed Shah. - What was the U.S. embassy hostage crisis, and how long did it last?
52 Americans were held hostage in Tehran for 444 days in 1979. - What were the main restrictions imposed on Iran under the 2015 JCPOA?
Uranium enrichment to 3.67%, stockpile to 300 kg, and 5,060 centrifuges for 15 years. - Why did the U.S. withdraw from the JCPOA in 2018?
President Trump called it “the worst deal ever” and reinstated sanctions. - What is the value of the World Bank loan Lebanon signed for electricity reforms in 2025?
$250 million. - How many active projects does Lebanon have with the World Bank as of 2022?
20 active projects. - Why is Air India in talks with Boeing for 737 MAX jets?
To acquire 10 jets for Air India Express, rejected by China due to the US-China trade war. - What agreement did Pakistan suspend following India’s response to the Pahalgam attack?
The 1972 Simla Agreement. - Which treaty did Pakistan warn India against suspending, calling it an act of war?
The 1960 Indus Waters Treaty. - Which Indian university topped the THE Asia University Rankings 2025?
Indian Institute of Science (IISc). - Which cricket board is the first ICC full member to launch a franchise in an overseas league?
New Zealand Cricket (NZC). - What types of drills are being conducted in Exercise Aakraman?
Ground attack and electronic warfare drills. - Who has stepped down as the Chairman of Air India Express?
Campbell Wilson. - Who has been appointed as the new Chairman of Air India Express?
Nipun Aggarwal. - Which bank’s licence was cancelled by the RBI in April 2025?
Ajantha Urban Co-operative Bank Maryadit. - What is the maximum deposit insurance amount provided by DICGC?
Rs 5 lakh per depositor per bank. - Who received the Lata Deenanath Mangeshkar Award 2025?
Kumar Mangalam Birla. - What are the key provisions of the Simla Agreement of 1972?
Established the LoC, promoted bilateral resolution, and prohibited unilateral changes. - What are the main rivers allocated to India under the Indus Waters Treaty?
Ravi, Beas, Sutlej. - How does the Indus Waters Treaty impact Pakistan’s agriculture?
Provides 80% of its irrigation water from western rivers.
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