Daily GK Update, 23 July 2020, Daily Current Affairs 2020

Daily GK & Current affairs is very important for any Government and other Competitive Exams. All the important updates based on current affairs 2020 are included in this Daily Current Affairs 23 July 2020 article.

Daily GK Update,  23 July 2020, Daily Current Affairs 2020:

Hi Aspirants,

Here we are regularly update the Daily GK Update & daily Current affairs 2020. If you are preparing for Government Job Exams then it is very important for you to read the Daily Current Affairs 2020, Daily GK Update 2020. All the important updates based on current affairs 2020 are included in this Daily Current Affairs 2020 article. All the serious candidates are advised to bookmark this page and read the GK Update on daily basis. It will help you mug up the important current affairs 2020 / Daily GK Update for LIC, IBPSSBI POSSCRailways  , SBI Clerk 2020 and State Exam of 2020.

National (Current Affairs)

Andhra Pradesh signs MoU with AMUL to help Women Self Help Groups boost milk cooperatives

Andhra Pradesh signs MoU with AMUL to help Women Self Help Groups boost milk cooperatives

  • Andhra Pradesh Government has signed an MoU with the milk cooperative giant AMUL (Anand Milk Union Limited) to provide fillip to the empowerment of women self-help groups and by encouraging the milk cooperatives in government sector.

Note: About AP

  • Governor: Biswabhusan Harichandan
  • Chief minister: Y. S. Jaganmohan Reddy
  • Capitals: Visakhapatnam (executive capital), Kurnool (judicial capital, Amaravati (legislative capital.)

Actor Sonu Sood launches “Pravasi Rojgar App”

1

  • Actor Sonu Sood, who catapulted to the national spotlight for his work in helping migrants reach their homes amid the COVID-19 pandemic, has come out with a free of cost online platform called ‘Pravasi Rojgar’, which will provide all the necessary information and right linkages to find jobs.

“Vriksharopan Abhiyan” Scheme to be launched by Home Minister

“Vriksharopan Abhiyan” Scheme to be launched by Home Minister

  • Home Minister Amit Shah will launch “Vriksharopan Abhiyan”. The minister is to launch the scheme through video conference in more than 130 locations spread in 38 districts. The scheme will focus on creating green spaces by planting tree saplings in mined out areas.
  • The scheme is to be launched in the presence of Union Minister of Coal and Mines Shri Pralhad Joshi. Mr Amit Shah will also lay foundation stone to six eco parks and tourism sites.
  • About Eco Parks and Tourism Sites: The tourism sites and Eco Parks will provide avenues for adventure, recreation,  water sport, bird watching, etc. in the nearby areas.

International (Current Affairs)

India Ranks Among 10 Worst Countries For Working People: ITUC

India Ranks Among 10 Worst Countries For Working People: ITUC

  • India is among the 10 worst countries for working people, according to the seventh edition of the International Trade Union Confederation (ITUC) Global Rights Index that ranks 144 countries on the degree of respect for workers’ rights.
  • The others include Bangladesh, Brazil, Colombia, Egypt, Honduras, Kazakhstan, the Philippines, Turkey and Zimbabwe.
  • The Middle East and North Africa is the worst region in the world for working people for seven years running due to the ongoing insecurity and conflict in Palestine, Syria, Yemen and Libya coupled with the most regressive region for workers’ representation and union rights.

Pakistan and China sign agreement to construct 700MW Azad Pattan Hydel Power Project

Pakistan and China sign agreement to construct 700MW Azad Pattan Hydel Power Project

  • Pakistan and China have signed an agreement for construction of Azad Pattan Hydel Power Project in Sudhoti district of Pakistan Occupied Kashmir (PoK).
  • The project is being developed under the China Pakistan Economic Corridor (CPEC), at an estimated cost of $1.5 billion.
  • The 700.7 MW Azad Pattan Hydel Power Project is located at River Jhelum and is expected to be completed in 2026.

Banking and Financial

LIC signs agreement with UBI to distribute latter’s policies

LIC signs agreement with UBI to distribute latter’s policies

  • The Life Insurance Corporation (LIC) of India and Union Bank of India, after its amalgamation with Andhra Bank and Corporation Bank, have announced a Corporate Agency Tie-up by which LIC policies will be distributed through the bank.
  • The bank will market LIC products of term insurance, pension, plan, children plan, ULIPs, and endowment schemes. Union Bank of India can act as a financial supermarket by offering a basket of products to its account holders, whereby they can select products according to their choice.

Note: About UBI and LIC

  • LIC Chairman: MR Kumar.
  • LIC Headquarter: Mumbai
  • Union Bank of India  MD & CEO: Rajkiran Rai G.
  • Union Bank of India Headquarter: Mumbai
  • Tagline of Union Bank of India: Good People to Bank with.

FamPay launches India’s first numberless card for teenagers

FamPay launches India’s first numberless card for teenagers

  • FamPay is India’s first neo bank for teenagers that allows them to make UPI and P2P transactions through their own unique UPI ID without the need to set up a bank account has recently launched India’s first numberless card – FamCard.
  • The venture claims that FamCard is just like a debit card, but teens now have the added advantage of a card to make contactless payments independently.

Appointment

Prof. R. Narayanaswamy appointed Chair of Technical Advisory Committee of National Financial Reporting Authority

Prof. R. Narayanaswamy appointed Chair of Technical Advisory Committee of National Financial Reporting Authority

  • Professor R. Narayanaswamy, faculty of the Finance & Accounting area, IIM Bangalore, has been appointed Chair of the Technical Advisory Committee of the National Financial Reporting Authority (NFRA), the independent accounting and auditing regulator set up by the Government of India under the Companies Act, 2013.
  • The committee consists of 7 members including the chairman.
  • Purpose: The members of the committee will support and provide insights to the Executive body of the NFRA on the issues related to the drafts of the accounting and auditing standards. The committee will also provide the inputs from the perspectives of the users, preparers and auditors of the financial statements.

Sumit Deb appointed as CMD of NMDC

♦Sumit Deb appointed as CMD of NMDC

  • Sumit Deb appointed as new CMD of NMDC. Sumit Deb has been appointed as the Chairman and Managing Director (CMD) of National Mineral Development Corporation (NMDC). Deb is presently serving as Director (Personnel) in the NMDC.
  • His tenure as the CMD of NMDC would be applicable till 28 February, 2023.

Sanjiv Bajaj new Chairman of Bajaj Finance

Sanjiv Bajaj new Chairman of Bajaj Finance

  • Bajaj Finance Ltd’s Non-Executive Chairman Rahul Bajaj has decided to demit office as Chairman of the Board with effect from July 31. The non-banking finance company, in a regulatory filing, said this move is a part of succession planning.
  • BFL’s Board of Directors, at its meeting on 21st July, approved the appointment Sanjiv Bajaj, currently Vice Chairman, as Non-Executive Chairman of the Company with effect from August 1.

PC Kandpal appointed MD & CEO SBI General Insurance

PC Kandpal appointed MD & CEO SBI General Insurance

  • Non-life insurer SBI General Insurance on 22nd July announced the appointment of Prakash Chandra Kandpal as its new managing director and chief executive officer, effective July 20. He has been with SBI General Insurance as the deputy CEO since June 2019.
  • The insurer’s former managing director and CEO, Pushan Mahapatra, has been appointed as director (strategic investments & digital initiatives). He will continue to be the whole time director of SBI General Insurance.

Sahil Seth appointed as honorary adviser to BRICS CCI

8

  • Sahil Seth has been appointed an honorary adviser to the steering committee for the BRICS Chamber of Commerce (CCI) young leaders for the period of 2020-2023. He is a deputy Commissioner of Mumbai Customs.
  • The role of an honorary advisor is on a voluntary basis and there are no financials involved which makes it a no/remuneration appointment.

Note: About BRICS

  • Founded: June 2006
  • Formation: 2009
  • Founders: China, India, Brazil, Russia
  • Members:  China, India, Brazil, Russia, South Africa

Arun Kumar nominated as the Vice-Chairman of International Union of Railways

Arun Kumar nominated as the Vice-Chairman of International Union of Railways

  • India will be represented on the high table of global rail transport policy making as Arun Kumar, Director General of the Railway Protection Force (RPF), has been nominated to be the vice-chairman of the Security Platform of the Paris-based Union Internationale Des Chemins/International Union of Railways (UIC).
  • About UIC: The UIC is the global platform for railway systems working on inter-operability, developing common technical standards for railways across the world and strengthening what is called “rail diplomacy”.

Note: About UIC

  • Headquarters : Paris, France
  • Founded: 17 October 1922
  • Chairperson: Gianluigi Vittorio Castelli

Read on APP in Real Time

Attempt CA QUIZ

Click to Subscribe Our Youtube Channel for Free Complete Banking & Insurance Course

Most important PDF’s for Bank, SSC, Railway and Other Government Exam : Download PDF Now

Prelims

Online Mock Test Available on App as well as Web:

Ambitious baba app on play store

How to Access on App:-

  1. Go to Playstore search Ambitious Baba or Click here to Install App
  2. After Install Login with Google Account or Facebook Account

Related Links:

2020 Preparation Kit PDF

I challenge you will get Best Content in Our PDFs with Detail solutions and Latest Pattern
Memory Based Puzzle E-book | 2016-19 Exams Covered Get PDF here
Caselet Data Interpretation 200 Questions Get PDF here
Puzzle & Seating Arrangement E-Book for BANK PO MAINS (Vol-1) Get PDF here
ARITHMETIC DATA INTERPRETATION (DI) 2020 E-book Get PDF here
The Banking Awareness 500 MCQs E-book| Bilingual (Hindi + English) Get PDF here
High Level DATA INTERPRETATION Practice E-BOOK Get PDF here

3

Leave a Reply