Current Affairs 20th July 2021 , Daily GK Update

Daily GK Update 20 July 2021, Daily Current Affairs 2021 

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National (Current Affairs)

India’s first pod taxi to operate between Noida Airport and Film City

• Indian Port Rail and Ropeway Corporation Ltd (IPRCL) has prepared a Detailed Project Report or DPR for the pod taxi service between Noida Airport at Jewar and Film City. There are plans to run a driverless taxi between the two destinations.
• This will cost about Rs 862 crore, according to the detailed project report (DPR) submitted to the Yamuna Expressway Industrial Development Authority (Yeida). This is a 14 km stretch. This will be India’s first pod taxi service.

FDI limit in NPS fund managers hiked to 74% from 49%

• The government notified a hike in the foreign direct investment limit in pension fund management to 74% from 49% under the national pension system (NPS).
• This step is opening doors for experienced foreign partners in this space and facilitating more competition in the fledgling segment. Pension Fund Regulatory &Development Authority (PFRDA) Act links the FDI ceiling in the insurance sector.

List of FDI Limit Some Sector

• Banking Sector-74% (PVT), 20(PSU)
• Insurance Sector-74%
• Defence Manufacturing: 74%
• Print Media-26%
• Civil Aviation-100%
• Telecom-100%
• Railway-100%

International (Current Affairs)

Singapore unveils one of the world’s biggest floating solar panel farms

• Singapore unveiled one of the world’s largest floating solar panel farms, spanning an area equivalent to 45 football fields and producing enough electricity to power the island’s five water treatment plants.
• The project is part of efforts by the land-scarce Southeast Asian city-state to meet a goal of quadrupling its solar energy production by 2025 to help tackle climate change. The solar farm could help to reduce carbon emissions by about 32 kilotonnes annually.

Note: About Singapore

• Currency: Singapore dollar
• Capital: Singapore city
• Prime Minister: Lee Hsien Loong

New Zealand to host APEC 2021 virtually

• New Zealand is the revolving host of the Asia-Pacific Economic Cooperation (APEC) forum. It is headquartered in Singapore.
• Recently, New Zealand chaired an extraordinary meeting ahead of a formal meeting in November. US President Joe Biden, Russia’s Vladimir Putin, China’s Xi Jinping and other world leaders met virtually. They discussed on collective actions to tackle the Covid-19 pandemic and its economic impacts.

Banking & Financial

Federal Bank launches “FEDDY” AI-Powered virtual assistant for customers

• The Federal Bank has launched “FEDDY”, an Artificial Intelligence-powered virtual assistant to help customers with banking-related queries anytime.
• FEDDY can be accessed via Alexa, Google Assistant and WhatsApp. It is integrated into Google Business Messaging, a first-of-its-kind by an Indian bank. Federal 24×7, which makes possible the opening of accounts through a video call to the bank.

Note: About Federal Bank

• MD and CEO: Shyam Srinivasan;
• Headquarters: Aluva, Kerala;
• Founder: K.P Hormis;

Awards

Cannes Film Festival 2021 winners list announced

• The Cannes Film Festival 2021 concluded on 17 July 2021. The jury, presided by Spike Lee, presented the awards at the Closing Ceremony. Julia Ducournau won the Cannes’ top prize, the Palme d’Or, for her film Titane, making her the second woman ever to win the award.

List of Winners

• Palme d’Or: Julia Ducournau for Titane (France)
• Grand Prix (TIE): Ashgar Farhadi for A Hero (Iran) and Juho Kuosmanen for Compartment No.6 (Finland)
• Best Director: Leos Carax Annette (France)
• Best Actress: Renate Reinsve for Worst Person in the World (Norway)
• Best Actor: Caleb Landry Jones for Nitram (US)
• Best Screenplay: Hamaguchi Ryusuke and Takamasa Oe for Drive My Car (Japan)
• Jury Prize (TIE): Shared by Nadav Lapid for Ahed’s Knee (Israel) and Apichatpong Weerasethakul for Memoria (Thailand)
• Best First Film: Antoneta Kusijanovic for Murina (Croatia)
• Best Short Film: Hong Kong’s All The Crows In The World Tang Yi
• Short Film Palme d’Or: Tian Xia Wu Ya by Tang Yi
• Special Jury Mention for Short Film: Ceu de Agosto by Jasmin Tenucci

Appointment

Mukhtar Abbas Naqvi appointed Deputy Leader Of House In Rajya Sabha

• Union Minister Mukhtar Abbas Naqvi was on 19^th July appointed the Deputy Leader of the House in Rajya Sabha.
• Mr Naqvi succeeds Piyush Goyal, who has been appointed as the Leader of House. Mukhtar Abbas Naqvi also appointed Union Minister of Minority Affairs.

Sport

ICC inducted Mongolia, Tajikistan and Switzerland as new members

• The International Cricket Council (ICC) inducted Mongolia, Tajikistan, and Switzerland as members at its 78th Annual General Meeting. Mongolia and Tajikistan as the 22nd and 23rd members of the Asia region.
• Switzerland is Europe’s 35th member. With the ICC now comprising 106 members in total, including 94 associates.

Note: About ICC

• Headquarters: Dubai, United Arab Emirates;
• Chairman: Greg Barclay.

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