02nd July 2020 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam

Read the daily GK update of 02nd July 2020. In today's GK Update we are covering the following news headlines: Matsya Sampada, Pakistan Army, Dream Kerala Project, IOC, IIMC. Read the daily GK update for upcoming competitive exams in 2020.

Here is the daily GK update of 02nd July 2020 covering the following news headlines: Matsya Sampada, Pakistan Army, Dream Kerala Project, IOC, IIMC.

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 held all day long. One should have complete knowledge about the banking terms, current affairs news, etc. So, here is the GK update of 02nd July 2020 to help you prepare the Current affairs part. After reading this section, you can successfully attempt Current Affairs Quiz.

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National News

1. Giriraj Singh launches the 1st Edition of “Matsya Sampada”

Union Minister for Fisheries, Animal Husbandry and Dairying, Giriraj Singh has launched the 1st Edition newsletter “Matsya Sampada” fisheries and aquaculture published by the Department of Fisheries and the operational guidelines of Pradhan Mantri Matsya Sampada Yojana (PMMSY). This newsletter will be published on a quarterly basis.

Important takeaways for all competitive exams:

  • Minister of State in the Ministry of Animal Husbandry, Dairying and Fisheries: Sanjeev Kumar Balyan.

International News

2. Pak Army appoints Nigar Johar as 1st female Lt. General

Pakistan Army has appointed Major General Nigar Johar as 1st female lieutenant general. She is the 1st female officer to be promoted as Lieutenant General. The officer has been appointed as 1st female Surgeon General of Pak Army.

Important takeaways for all competitive exams:

  • Prime Minister of Pakistan: Imran Khan.
  • President of Pakistan: Arif Alvi.
  • Capital of Pakistan: Islamabad.

State News

3. Kerala announces ‘Dream Kerala Project’ aimed at aiding returning expats

The Kerala government has announced “Dream Kerala Project” to tap the potential and experience of those returning from abroad and other states after losing their jobs due to the COVID-19 pandemic. The project aims at the rehabilitation of returning expatriates and the state’s overall development.

Important takeaways for all competitive exams:

  • Chief Minister of Kerala: Pinarayi Vijayan.
  • Governor of Kerala: Arif Mohammad Khan.
  • Capital of Kerala: Thiruvananthapuram.

Appointments News

4. Sanjay Dwivedi appointed as Director General of IIMC

The Appointments Committee of the Cabinet (ACC) has approved the appointment of Professor Sanjay Dwivedi as the Director General of the Indian Institute of Mass Communication (IIMC). He is presently serving as the Registrar of Makhanlal Chaturvedi National University of Journalism and Communication, Bhopal.

5. Shrikant Madhav Vaidya becomes new chairman of IOC

Shrikant Madhav Vaidya took charge as the new chairman of Indian Oil Corporation (IOC). Prior to this, he was the Director (Refineries) on the IOC Board, since October 2019. He will replace Sanjiv Singh, who retired on June 30.

Important takeaways for all competitive exams:

  • Indian Oil Corporation Headquarters: New Delhi.
  • Indian Oil Corporation established: 1959.

6. Ravinder Bhakar becomes new CEO of CBFC

Ravinder Bhakar took charge as the new Chief Executive Officer (CEO) of Central Board of Films Certification (CBFC). He is a 1999 batch officer of Indian Railway Stores Service (IRSS). He will replace Anurag Srivastava.

Important takeaways for all competitive exams:

  • Headquarters of Central Board of Films Certification: Mumbai, Maharashtra.
  • Chairperson of Central Board of Films Certification: Prasoon Josh.

7. Shashank Manohar quits as ICC Chairman

International Cricket Council (ICC) Chairman, Shashank Manohar has stepped down as the head of the cricket body after two-year tenures. ICC Board has decided that Deputy Chairman Imran Khawaja will take the charge until Manohar’s successor is elected. The process for the Chairperson election is likely to be approved by the ICC Board within the next week.

Important takeaways for all competitive exams:

  • Chief Executive Officer of ICC: Manu Sahney.
  • Headquarters of ICC: Dubai, United Arab Emirates.

8. India appoints Indra Mani Pandey as new envoy to UN bodies

Government of India has appointed, Indra Mani Pandey as the next Indian envoy to United Nations bodies and other international organisations in Geneva. He will represent India in more than 25 important organisation of the UN in Geneva including World Health Organisation (WHO) and therefore the United Nations Human Rights Council (UNHRC). India was appointed as the chair of the executive committed of the WHO in 2020 at the World health assembly. The previous envoy to these UN bodies in Geneva was Rajiv K Chander who has completed his three-year-team.

Banking News

9. HDFC Bank launches ‘e-Kisaan Dhan’ app for farmers

HDFC Bank has launched the ‘e-Kisaan Dhan’ app for farmers all over India. Through their mobile phones, the farmers will be able to access the services, both banking and agriculture.

Important takeaways for all competitive exams:

  • Headquarters of HDFC Bank: Mumbai, Maharashtra.
  • Managing Director of HDFC Bank: Aditya Puri.

Economy News

10. Fitch cuts India’s GDP growth forecast to 8% from 9.5% for FY22

Fitch cuts India’s GDP growth forecast to 8% from 9.5% for FY22, in its June update of Global Economic Outlook report. Fitch retained its projection of Indian economy contracting by 5 per cent in the current fiscal. Meanwhile, Fitch projected the Indian economy to grow 5.5 per cent in 2022-23.

Summits and Conferences

11. New Zealand cancels the APEC Summit 2021

New Zealand has cancelled the Asia-Pacific Economic Cooperation (APEC) Summit 2021, due to the COVID-19 pandemic. This summit to be held in Auckland, New Zealand. The 2019 leaders’ meeting was cancelled by Chile due to violent anti-government protests and the virtual APEC meeting of 2020 is being hosted by Malaysia.

Important takeaways for all competitive exams:

  • Executive Director of APEC: Dr Rebecca Fatima Sta Maria.
  • Headquarters of APEC: Singapore.
  • Established of APEC: 1989.

Science and Technology

12. IIT Gandhinagar develops AI based tool to detect Covid-19

Indian Institute of Technology Gandhinagar (IITGN) has developed an Artificial Intelligence (AI)-based deep learning tool for detection of Covid-19 from Chest X-ray images. This online tool indicates the probability if a person is infected with Covid-19, which can be used for quick preliminary diagnosis before the medical test.

Important takeaways for all competitive exams:

  • IIT-Gandhinagar Director: Sudhir Jain.


13. Ravindra Jadeja named India’s ‘most valuable player’ by Wisden

India all-rounder Ravindra Jadeja was named as the country’s ‘Most Valuable Player’ (MVP) of the 21st century by Wisden. He made his debut in 2009 and represented India in 49 test matches, 165 ODIs and 49 T20Is as of 2020.

Important takeaways for all competitive exams:

  • President of BCCI: Sourav Ganguly.
  • Headquarters of BCCI: Mumbai, Maharashtra.


14. Continuous Galvanized Rebar Production Facility inaugurated in Punjab

The “Continuous Galvanized Rebar” Production Facility has been inaugurated by the Union Steel & Petroleum and Natural Gas, Dharmendra Pradhan at Mandi Gobindgarh in Punjab. The newly launched facility will support the much awaited need of supplying galvanized rebar to the construction industry. The facility has been considered as a step in the direction towards making of an Aatmanirbhar Bharat.

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