Daily Current Affairs Quiz: April 08, 2021

Notes:
The Defence Research Development Organisation (DRDO) has allowed private sector firms to join hands with it in development and production of missile systems.
This announcement has been made under the Development-cum-Production Partner programme. The programmes covered under the programme include the Vertical Launched Short Range Surface to Air Missile system (VL-SRSAM).

Notes:
The Uttar Pradesh Cabinet has approved the Uttar Pradesh Regulation of Urban Premises Tenancy (second) Ordinance 2021.
It aims to reduce tenancy disputes as it makes signing of contract compulsory to rent out a property. There is no clear mechanism for conflict resolution under the present law. It was promulgated and implemented in the state of January 2021.

Notes:
Receivables Exchange of India (RXIL) is the invoice discounting platform for MSMEs. It is a TReDS (Trade Receivables Discounting System) Exchange Platform accredited by the RBI.
RXIL recently announced that it has discounted receivables of Rs 1,000 crores in a month. The platform has over 7000 registered MSMEs and have processed over 5,00,000 invoices, since its launch in 2017.

Notes:
Ajay Seth, a 1987-batch Indian Administrative Service (IAS) officer and the Managing director of Bangalore Metro Rail Corporation, has been appointed as the Department of economic affairs (DEA) secretary.
Tarun Bajaj, the present Department of economic affairs (DEA) secretary, has been appointed as the new Revenue secretary.

Notes:
Israel’s longest-serving leader and the incumbent Prime Minister Benjamin Netanyahu received a mandate from Israel’s president to form a new government.
Israel’s election on March 23, was its fourth in two years and ended with an inconclusive election. Netanyahu was in power consecutively since 2009, and now has 28 days to form a new Government.