Japan cabinet approves bill allowing emperor’s abdication

Japan’s cabinet approved a bill that would allow Emperor Akihito to step down, paving the way for the first abdication by a Japanese emperor in nearly two centuries. Abdication must take place within three years of the bill becoming law.

In August 2016, he publicly cited age and declining health, which was interpreted as his wish to hand the crown to his eldest son, Crown Prince Naruhito. But current Japanese law has no provision for abdication, thus requiring politicians to craft legislation to make it possible. The 83-year-old emperor had heart surgery and prostate cancer treatment in 2016.

    Important Takeaways from above News for SBI PO Mains Exam-
    • Shinzo Abe is the current Prime Minister of Japan
    • Currency of Japan is Yen and its capital is Tokyo
    • Central bank of Japan is named Bank of Japan
    • 2020 summer Olympic games is going to be held in Tokyo and its Ambassador is GOKU (Character of a cartoon show).
    Source- Business Standard

    If you have any other takeaways, do share with us in the comment section

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