Daily Current Affairs : 25th and 26th July 2020 | Daily GK update Quiz

Exp. Haryana will host the fourth edition of the Khelo India Youth Games after the 2021 Tokyo Olympics, the state’s chief minister Manohar Lal Khattar and union sports minister Kiren Rijiju announced on 25th July. The Games will be held in Panchkula. The announcement was made via video conference.

Note:

1st Edition (2018): Delhi

2nd Edition (2019): Pune, Maharashtra

3rd Edition (2020): Guwahati, Assam

Exp. Union Minister of Health and Family Welfare, Dr. Harsh Vardhan, virtually participated in the Shanghai Cooperation Organization (SCO) Health Minister’s Digital Meet on 24th July. The meeting was chaired by Mr. Mikhail Murashko, Minister of Health of the Russian Federation.

The Ministers discussed the ongoing COVID-19 crisis, as it was the key topic of discussion.

Exp. South Korea recently launched its first ever military satellite to defend itself against nuclear armed North Korea. The satellite has been named “ANASIS II”.

The launch of ANASIS II has made South Korea the 10 country in the world to have its own military communication satellite. The satellite will help to increase South Korean military independent operational capabilities.

Exp. India and European Union have renewed its Agreement on Scientific and Technological Cooperation for the next five years (2020-2025). This has been done by exchange of Note Verbale between two sides. The Agreement was initially signed in on 23 November 2001 and renewed two times in past in 2007 and 2015.

The cooperation has been focused on water, green transport, e-mobility, clean energy, circular economy, bio-economy, health, and ICT.

Exp. HDFC Bank forecast a deeper contraction of -7.5% for growth in the current fiscal, down from -4.8% it expected in May, as Covid-19 cases surged in non-metro areas, forcing states and local governments to re-impose lockdowns in July.

Note: India GDP projected FY21

RBI- (-) 1.5%

SBI- (-) 6.8%

CRISIL: (-) 5%

Fitch: (-) 5%

S&P- (-) 5%

Exp. Amazon Pay, the payments arm of e-commerce giant Amazon India, has partnered Acko General Insurance Ltd to offer insurance for two- as well as four-wheelers.

Customers can get a quote for their cars or two-wheelers on Amazon Pay by providing basic details. They can also select from a list of add-ons such as zero-depreciation, engine protection and more.

Exp. Indian Railways to RFID Tag all wagons by 2022 December. Around 23,000 wagons have been covered under the RFID project. The Project is still in progress amid the COVID-19 pandemic. The RFID devices will be easier for the railways to know the exact position of all the wagons, locomotives, and coaches.

Exp. The Asian Development Bank (ADB) and the Green Climate Fund (GCF) have agreed to partner toward a “green recovery” for members confronting the harsh economic impact of the coronavirus disease (COVID-19) pandemic.

Aims: Under Strategy 2030, ADB will ensure that 75% of its committed projects will support climate change mitigation and adaptation by 2030. Climate finance from ADB’s own resources will reach $80 billion cumulatively from 2019 to 2030. In 2019, ADB committed more than $6.5 billion in climate financing. Concessional financing from partners will also be crucial for helping ADB’s members meet their climate goals. GCF has approved total funding of $473 million for 10 ADB projects

Exp. The Reserve Bank of India has today placed on its website the ‘Report of the Committee for Analysis of QR (Quick Response) Code’. The Committee was constituted by RBI on December 23, 2019 under the Chairmanship of Prof. Deepak.B. Phatak (Professor Emeritus, IIT-Bombay) to review the prevalent system of QR Codes in India for facilitating digital payments and submit recommendations.

The report has recommended making QR codes more interoperable. QR code is used to pay utility bills, fuel, grocery, food, travel, and several other categories.

Exp. The Indian Government has taken decision to appoint Partha Pratim Sengupta as Managing Director (MD) & Chief Executive Officer (CEO) of Indian Overseas Bank (IOB). he will take place of Karnam Sekar who got retired from post on 30rd June 2020. Mr Partha Pratim Sengupta will continue to serve as MD and CEO till 31st December 2022.

List of CEO Other Bank 

Bank of Baroda: Sanjiv Chadha

Bank of India: Atanu Kumar Das

Central Bank of India: Pallav Mahapatra

Indian Bank: Padmaja Chunduru

UCO Bank: Atul Kumar Goel

Exp. Crime writer, S Hussain Zaidi has penned a new novel “The Endgame” which talks of politics, betrayal, and unimaginable terror. The book has been published by HarperCollins India.

Exp. Kargil Vijay Diwas, named after the successful Operation Vijay, is celebrated in India on 26 July. On this date in 1999 India successfully took command of the high outposts which had been lost to Pakistan.

The Kargil war was fought for more than 60 days, ended on 26 July and resulted in loss of life on both the sides.

Exp. The BCCI is yet to finalize the exact schedule and format for the 13th edition of IPL. The IPL Governing Council (GC) meeting will be called by the BCCI. As soon as the ICC announces the postponement of the T20 World Cup. The IPL GC headed by Brijesh Patel will decide the exact schedule and format of IPL 2020. The viewpoint of the official broadcasters Star India will also be sought. Once that is done, the IPL GC will inform the franchise and other stakeholders about the schedules and format for the IPL 2020.

Exp. Headquarters: Brussels, Belgium

Exp. Headquarters: Mandaluyong, Philippines

President: Masatsugu Asakawa