Tuesday, 26 October 2021

26th October 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam

26 October 2021
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26th October 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam

Daily GK updates are incorporated with the important news that made the current affairs headlines for banking or other competitive exams. Daily GK Update is the complete bag of the important news that is held all day long. One should have complete knowledge about banking terms, current affairs news, etc. So, here is the GK update of 26th October 2021 to help you prepare the Current affairs part. After reading this section, you can successfully attempt Current Affairs Quiz.

Top 15 Daily GK Updates: National & International News

Here is providing below the top 15 important Daily General Knowledge GK 2021 updates with national & international news.

National News

1. Invest India elected as President of Geneva-based WAIPA

  • Invest India, a young startup within the Government of India has been unanimously elected as the President of the World Association of Investment Promotion Agencies (WAIPA) for 2021-2023.
  • Invest India is the National Investment Promotion and Facilitation Agency to help investors looking for investment opportunities and options in India.

The members of the Steering Committee of WAIPA for 2021-23 includes:

  • President: Invest India
  • Two Vice Presidents: Egypt and Switzerland
  • 9 Regional Directors: Brazil, South Korea, Finland, Kuwait, Costa Rica, Cyprus, Azerbaijan, Ghana, and Samoa.

Important takeaways for all competitive exams:

  • World Association of Investment Promotion Agencies Founded: 1995.

2. NITI Aayog launches “Innovations for You” Digi-Book

  • The Atal Innovation Mission (AIM) of NITI Aayog has launched a Digi-book named “Innovations for You”. The sector in focus in this Digi-book is Healthcare.
  • “Innovation for you” is an initiative of Niti Aayog to share success stories of Atal Innovation Mission’s Startups in different domains.
  • The Digi-book was launched with the aim of serving as an encouragement for upcoming entrepreneurs in order to work on the path of creativity and imagination for addressing some of the pressing challenges in India. It also aims to showcase the best innovations and entrepreneurs to bring them to the forefront.
  • These start-ups have been leveraging technologies such as AI, IoT, ICT and others for providing socially relevant solutions to health issues like neonatal & child care, mental health, dental care, anaemia and monitoring human vitals.

States News

3. India’s 1st State-Wildlife DNA testing analysis lab inaugurated in Nagpur

  • Uddhav Thackeray, Chief Minister of Maharashtra, inaugurated India’s 1st State government-owned Wildlife DNA testing analysis laboratory at Regional Forensic Science Laboratory (RFSL) in Nagpur, Maharashtra.
  • On the occasion, he also launched 3 Fast Track DNA testing units in Mumbai & Pune under the Nirbhaya scheme.
  • At present, there are 2 Wildlife DNA testing laboratories at Dehradun & Hyderabad, which are fully owned by the Central Government, whereas the newly launched is the 1st in India to be owned by a state government.
  • The labs will be exclusively dealing with cases registered under Protection of Children From Sexual Offences (POCSO) Act, 2012. The labs were developed at a cost of Rs 53 crore under Central Government’s Nirbhaya Scheme.

Important takeaways for all competitive exams:

  •  Maharashtra Capital: Mumbai;
  •  Maharashtra Governor: Bhagat Singh Koshyari;
  •  Maharashtra Chief minister: Uddhav Thackeray.

4. U.P. govt renames Faizabad station as Ayodhya Cantt

  • The Uttar Pradesh government has decided to rename the Faizabad Junction to Ayodhya Cantt railways station. Opened in 1874, the Faizabad railway station comes under the Northern Railway zone.
  • It falls under the Lucknow-Varanasi section. Earlier in 2018, the Yogi Adityanath government had renamed Faizabad Ayodhya on the occasion of Diwali. The BJP government also changed the name of Allahabad to Prayagraj and Mughalsarai railway junction as Pt Deen Dayal Upadhyay junction. 

Important takeaways for all competitive exams:

  • UP Capital: Lucknow;
  • UP Governor: Anandiben Patel;
  • UP Chief minister: Yogi Adityanath.

Banking News

5. ICICI Bank surpasses HUL to occupy 5th spot in m-cap

  • Private sector lender ICICI Bank has crossed the market capitalisation of Hindustan Unilever to become the fifth-largest company by market value.
  • According to BSE data, ICICI Bank’s market capitalisation (m-cap) stood at ₹5.83 lakh crore, just above HUL’s ₹5.76 lakh crore. This follows the bank posting its highest ever quarterly net profit in the July to September 2021 quarter.
  • The bank’s scrip touched a 52-week high of ₹859.70 on the BSE before ending at ₹841.05, registering a gain of 10.8 per cent over the previous day’s close.
  • ICICI Bank becomes the second lender after HDFC Bank to break into the top five companies on the BSE in terms of m-cap.

Important takeaways for all competitive exams:

  • ICICI Bank MD & CEO: Sandeep Bakhshi;
  • ICICI Bank Headquarters: Mumbai, Maharashtra;
  • ICICI Bank Tagline: Hum Hai Na, Khayal Apka.

6. AU Small Finance Bank launched QR Sound box for payment alerts

  • India’s Largest Small Finance Bank AU Small Finance Bank has launched QR (Quick Response) Code Sound Box to boost its digital payments while making it the first bank to launch such a product.
  • The QR Sound Box will help small merchants to run their operations smoothly without the hassle of reading SMS every time when a customer makes a payment. It will be made available in five languages – Hindi, English, Punjabi, Gujarati and Marathi. 

Important takeaways for all competitive exams:

  • AU small finance bank Headquarters: Jaipur, Rajasthan;
  • AU small finance bank MD & CEO: Sanjay Agarwal;
  • AU small finance bank Chairman: Raj Vikash Verma.

Summits and Conferences News

7. India, UK and Australia to jointly launch IRIS initiative at COP26

  • India, Australia, and the UK in collaboration with small island developing states (SIDS), have planned to launch a new initiative “Infrastructure for Resilient Island States (IRIS)”, on the sidelines of the Conference of Parties (COP26).
  • The IRIS platform aims at creating an infrastructure that can withstand disasters and lessen economic losses in island nations. The IRIS initiative will be launched with initial funding of $10 million from Australia, India and the UK. '
  • The 2021 United Nations Climate Change Conference (COP26) is scheduled to take place from October 31 to November 12, 2021.

Schemes and Committees News

8. PM Modi launches 5,000-crore ‘Ayushman Bharat Health Infrastructure Mission’

  • Prime Minister Narendra Modi has launched the “Ayushman Bharat Health Infrastructure Mission” on October 25, 2021, from his parliamentary constituency Varanasi in Uttar Pradesh.
  • The Ayushman Bharat Health Infrastructure Mission is one of the largest pan-India schemes for strengthening healthcare infrastructure across the country and is in addition to the National Health Protection Mission (Ayushman Bharat Yojana).

About the scheme:

  • Total outlay of the scheme: Rs. 5,000-crore
  • Under the scheme, 17,788 rural health and wellness centres in 10 high focus states will get the support of the scheme.
  • For an urban areas, 11,024 urban health and wellness centres will be established in all the states.

Awards News

9. Dr. Rajiv Nigam Selected for 2022 Joseph A. Cushman Award

  • Former Chief Scientist at CSIR-National Institute of Oceanography (NIO), Dr. Rajiv Nigam has been selected for the 2022 Joseph A. Cushman Award for Excellence in Foraminiferal Research.
  • Dr. Nigam is the first Indian Citizen to be selected for the prestigious award. He has been chosen for his outstanding lifetime contributions to the field of foraminifera (microfossil) research.
  • Dr. Nigam will receive the award at the Cushman Reception during the 2022 Geological Society of America meeting in Denver, Colorado, USA, from October 9-12-2022. The Joseph A. Cushman Award was established by USA based Cushman foundation for foraminiferal research in 1979.

Sports News

10. Viktor Axelsen and Akane Yamaguchi won Denmark Open 2021

  • Danish Olympic champion Viktor Axelsen won the Mens’ single 2021 Denmark Open Badminton held at the Odense Sports Park, Denmark.
  • He defeated world number one Kento Momota of Japan. Akane Yamaguchi of Japan won her second title in the women’s category defeating An Se-young (South Korea).

List of all winners of Denmark Open 2021:

CategoryWinner
Mens’ singleViktor Axelsen (Denmark)
Womens’ singleAkane Yamaguchi (Japan)
Men’s doubleTakuro Hoki, and Yugo Kobayashi (Japan)
Women’s doubleHuang Dongping and Zheng Yu (China)
Mixed doubleYuta Watanabe and Arisa Higashino (Japan).

11. Ahmedabad and Lucknow are the two new teams of the IPL

  • Ahmedabad and Lucknow are the two new teams that will be part of the Indian Premier League (IPL) from 2022. Hence taking the total number of teams in the competition to ten.
  • RP-Sanjiv Goenka Group (RPSG) is the owner of the Lucknow team while CVC Capital Partners is the owner of the Ahmedabad team.
  • RPSG group has won the bid for Lucknow at Rs. 7090 crore, while CVC Capitals a.k.a Irelia has won the bid for Ahmedabad at Rs. 5625 crore. The IPL’s first season was played in 2008. There have been fourteen seasons of the IPL tournament. The 15th season will see 10 teams competing for the IPL title.

12. Red Bull's Max Verstappen wins United States Grand Prix 2021

  • Max Verstappen (Red Bull – Netherlands) has won the 2021 United States Grand Prix held at the Circuit of the Americas in Austin, Texas, United States. This is the 8th win for Verstappen in this season.
  • The race was the 17th round of the 2021 Formula One World Championship. Lewis Hamilton (Mercedes-Great Britain) stood second while Sergio Perez (Mexico- Red Bull) came third.

Important Days

13. Disarmament Week 2021

  • Disarmament Week is observed annually to promote awareness and understanding of the issues of disarmament in several countries. The week aims to reduce the use of weapons, specifically nuclear weapons, to bring peace in society.
  • This year, the disarmament week will be starting on October 24. The week-long observance will continue till October 30. Disarmament Week seeks to promote awareness and a better understanding of disarmament issues and their cross-cutting importance.

Miscellaneous News

14. India's first ‘test tube’ Banni buffalo calf born in Gujarat

  • The first IVF calf of "Banni" breed of buffaloes, found primarily in Gujarat's Kutch region, was born at a farmer's house in the state's Gir Somnath district. The process was carried out to enhance the number of genetically superior buffaloes to increase milk production.
  • Banni buffalo is known for its resilience and higher milk-producing capacity in an arid environment. The breed had achieved six pregnancies from 18 recipient buffaloes at his farm, which were implanted with embryos through IVF technology, and the process was carried out by JKBovagenix of NGO JK Trust. India has more than 109 million buffaloes that are 56 per cent of the world's buffalo population.

15. Hyderabad Cricket Association unveiled World’s biggest cricket bat

  • Former India captain and now Hyderabad Cricket Association (HCA) president Mohd Azharuddin has unveiled what is certified by the Guinness Book of World Records to be the biggest cricket bat, designed by Pernod Ricard India (P) Ltd, on Tank Bund.
  • The bat measures 56.10 feet, weighs 9-tonnes and is made of poplar wood. This was to convey best wishes to the Indian cricket team and bring back the T-20 World Cup in Dubai.

Friday, 22 October 2021

India saw a single-day rise of 16,326 new COVID-19 cases, taking the tally to 3,41,59,562

New Delhi: 

India saw a single-day rise of 16,326 new COVID-19 cases, taking the tally to 3,41,59,562, while the active cases have declined to 1,73,728, the lowest in 233 days, according to the Union health ministry's data updated on Saturday.

Here are the top 10 developments on coronavirus cases in India
  1. India recorded a huge jump in the daily Covid deaths (666) today as Kerala revised its data with 291 more deaths added to the state's overall count. So far, 4,53,708 people have died of Covid in India.
  2. The daily rise in new coronavirus infections has been below 30,000 for 29 straight days and less than 50,000 daily new cases have been reported for 118 consecutive days now.
  3. As many as 68.48 Lakh vaccines were administered in the past 24 hours, taking the vaccine count to 101.30 crore doses.
  4. The active cases decreased to 1,73,728 comprising 0.51 per cent of the total infections, the lowest since March 2020, while the national COVID-19 recovery rate was recorded at 98.16 per cent, the highest since March 2020, the health ministry said.
  5. A decrease of 2,017 cases has been recorded in the total active number of COVID-19 cases in a span of 24 hours.
  6. As many as 13,64,681 tests were conducted on Friday, taking the total cumulative tests conducted so far for detection of COVID-19 in the country to 59,84,31,162.
  7. On Friday, India saw a single-day rise of 15,786 new COVID-19 cases, taking the tally to 3,41,43,236, while the active cases have declined to 1,75,745, the lowest in 232 days, according to the Union health ministry's data updated on Friday.
  8. On Friday, one of the worst hit state, Maharashtra - reopened cinema halls, theatres and auditoriums with 50 per cent seating capacity as COVID-19 cases are going down in the state.
  9. India completed the milestone of achieving 1 billion Covid vaccine doses on Thursday. Prime Minister Modi, addressing the nation a day after, said that it was "not just a number" but the symbol of the country's ability and of "new India". India's critics had been silenced, PM said, tacking the vaccination record onto Diwali cheer and a sense of optimism across sectors.
  10. India's COVID-19 tally had crossed the 20-lakh mark on August 7, 2020, 30 lakh on August 23, 40 lakh on September 5 and 50 lakh on September 16. It went past 60 lakh on September 28, 70 lakh on October 11, crossed 80 lakh on October 29, 90 lakh on November 20 and surpassed the one-crore mark on December 19.

Thursday, 21 October 2021

19th October 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam

19 October 2021
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19th October 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam

Daily GK updates are incorporated with the important news that made the current affairs headlines for banking or other competitive exams. Daily GK Update is the complete bag of the important news that is held all day long. One should have complete knowledge about banking terms, current affairs news, etc. So, here is the GK update of 19th October 2021 to help you prepare the Current affairs part. After reading this section, you can successfully attempt Current Affairs Quiz.

Top 10 Daily GK Updates: National & International News

Here is providing below the top 10 important Daily General Knowledge GK 2021 updates with national & international news.

International News

  1. Sri Lanka seeks 500 million dollar as loan from India
  • The Government of Sri Lanka has sought a USD 500 million credit line from India to pay for its crude oil purchases, as the country is facing a severe foreign exchange crisis in the island nation after the pandemic hit the nation’s earnings from tourism and remittances.
  • The USD 500 million credit line is part of the India-Sri Lanka economic partnership arrangement. The facility would be used for purchasing petrol and diesel requirements.

Important takeaways for all competitive exams:

  • Sri Lanka Capitals: Sri Jayawardenepura Kotte; Currency: Sri Lankan rupee.
  • Sri Lanka Prime Minister: Mahinda Rajapaksa; Sri Lanka President: Gotabaya Rajapaksa.

States News

2. Punjab CM Charanjit Channi launches ‘Mera Ghar Mere Naam’ scheme

  • In Punjab, Chief Minister Charanjit Channi launched a new scheme titled ‘Mera Ghar Mere Naam’, which aims to confer proprietary rights on the people living in the houses within the ‘Lal Lakir’ of villages and the cities.
  • The land area which is a part of the village habitation and is used for non-agriculture purposes only is known as Lal Lakir.
  • The state government will undertake drone surveys of residential properties, both in rural and urban areas for digital mapping, following which all eligible residents would be given the property cards, after proper identification or verification, to confer proprietary rights upon them in a time-bound manner.
  • The property card will serve the purpose of registry against which they can avail loans from the banks or even sell their properties.

Important takeaways for all competitive exams:

  • Governor of Punjab: Banwarilal Purohit.

Appointments News

3. Amitabh Chaudhry reappointed Axis Bank CEO

  • The Reserve Bank of India (RBI) approved the re-appointment of Amitabh Chaudhry as Managing Director and Chief Executive Officer of private lender Axis Bank for a period of three years.
  • Amitabh had taken charge as Axis Bank’s new MD and CEO in January 2019 after as outgoing MD and CEO Shikha Sharma retired, effective December 31, 2018. The extended three-year term will be effective from January 1, 2022.

Important takeaways for all competitive exams:

  • Axis Bank Headquarters: Mumbai;
  • Axis Bank Founded: 3 December 1993, Ahmedabad.

Agreements News

4. NITI Aayog joins hand with ISRO to launch Geospatial Energy Map

  • NITI Aayog has launched the Geospatial Energy Map of India which will provide a holistic picture of all energy resources of the country.
  • The map has been developed by NITI Aayog in collaboration with the Indian Space Research Organisation (ISRO) and the Energy Ministries of the Government of India.
  • The map will help to identify and locate all primary and secondary sources of energy and their transportation/transmission networks to provide a comprehensive view of energy production and distribution in a country, which would further help in planning and making investment decisions.

Important takeaways for all competitive exams:

  • NITI Aayog Formed: 1 January 2015;
  • NITI Aayog Headquarters: New Delhi;
  • NITI Aayog Chairperson: Narendra Modi;
  • NITI Aayog CEO: Amitabh Kant.

Banking News

5. RBI imposes Rs 1 crore penalty on State Bank of India

  • The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 crore on India’s largest public lender State Bank of India (SBI).
  • The penalty has been imposed for non-compliance with the directions contained in “RBI (Frauds classification and reporting by commercial banks and select FIs) directions 2016”.
  • The penalty has been imposed in the exercise of powers vested in RBI under the provisions of section 47A (1) (c) read with sections 46(4)(i) and 51(1) of the Banking Regulation Act, 1949.

Important takeaways for all competitive exams:

  • SBI Chairperson: Dinesh Kumar Khara.
  • SBI Headquarters: Mumbai.
  • SBI Founded: 1 July 1955.

6. RBI authorised Karur Vysya Bank (KVB) to collect Direct taxes

  • The Reserve Bank of India has authorised Karur Vysya Bank (KVB) to collect direct taxes on behalf of the Central Board of Direct Taxes (CBDT).
  • After obtaining the approval, KVB has started the integration process with the CBDT to collect direct taxes.
  • The integration would enable the bank to allow its customers to remit the direct taxes through any branch/net banking/ mobile banking services (DLite Mobile application).

Important takeaways for all competitive exams:

  • Karur Vysya Bank Establishment: 1916;
  • Karur Vysya Bank Headquarters: Karur, Tamil Nadu;
  • Karur Vysya Bank MD & CEO: B. Ramesh Babu;
  • Karur Vysya Bank Tagline: Smart Way to Bank.

Science and Technology News

7. NASA launches Lucy Mission to study the Jupiter Trojan asteroids

  • The US space agency NASA has launched a first-of-its-kind mission called ‘Lucy Mission‘ to study Jupiter’s Trojan asteroids.
  • The mission life of Lucy is 12-year, during which the spacecraft will fly by a total of eight ancient asteroids to study about solar system’s evolution. These will include one main-belt asteroid and seven Jupiter Trojan asteroids.
  • The Lucy mission will mark NASA’s first single spacecraft mission in history to explore so many different asteroids.
  • The Lucy probe was launched on a United Launch Alliance (ULA) Atlas V rocket from Space Launch Complex 41 at Cape Canaveral Space Force Station in Florida on October 16, 2021.
  • Jupiter’s Trojan asteroids are two large clusters of space rocks that scientists believe are remnants of the primordial material that formed the solar system’s outer planets.

Important takeaways for all competitive exams:

  • NASA administrator: Bill Nelson.
  • Headquarters of NASA: Washington D.C., United States.
  • NASA Founded: 1 October 1958.

8. China launched 1st Solar Exploration Satellite

  • China has successfully launched its 1st solar exploration satellite into space from the Taiyuan Satellite Launch Center in northern Shanxi Province aboard a Long March-2D rocket.
  • The satellite was named as ‘Xihe’ (Xihe is the goddess of the sun who created the calendar in ancient Chinese mythology), also known as the Chinese Hα Solar Explorer (CHASE). The satellite has been developed by the China Aerospace Science and Technology Corporation (CASC).

Important takeaways for all competitive exams:

  • China Capital: Beijing;
  • China Currency: Renminbi;
  • China President: Xi Jinping.

Ranks and Reports News

9. WHO Global TB report for 2021: India worst-hit country in TB elimination

  • The World Health Organisation (WHO) has released the ‘Global TB report for 2021, where it highlighted the effects of COVID-19 which led to a huge reversal in the progress of Tuberculosis (TB) elimination.
  • The report also mentioned India as the worst-hit country in TB elimination, where the detection of new TB cases saw a huge impact in 2020.
  • A dramatic reduction of 20% TB cases were witnessed in 2020 as compared to 2019, ie; a gap of 4.1 million cases. The progress in TB detection has gone back to the levels of 2012, with India accounting for 41% of the total case drops in 2020.

Important takeaways for all competitive exams:

  • WHO Established: 7 April 1948;
  • WHO Director General: Dr Tedros Adhanom Ghebreyesus;
  • WHO Headquarters: Geneva, Switzerland.

Awards News

10. India's "Takachar" Wins Prince William’s inaugural ‘Eco-Oscar’ Award

  • New Delhi-based 17-year-old entrepreneur Vidyut Mohan is among the five global winners for the inaugural ‘Earthshot Prize’, also known as the ‘Eco-Oscars’, that honours people trying to save the planet.
  • Vidyut has been awarded in the Clean our Air category, for his technology called ‘Takachar’, a small and portable device that uses crop residue to convert it into bio-products like fuel and fertilisers to reduce smoke emissions and combat air pollution. Each of the five winners will receive £1 million for their project.