Table of Contents
Here is the daily GK update of 02nd September 2020 covering the following news headlines: Lebanon, LiGo, Press Trust of India, CBDT, Hindustan Shipyard Limited.
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 2nd September 2020 to help you prepare the Current affairs part. After reading this section, you can successfully attempt Current Affairs Quiz.
International News
1. Mustapha Adib becomes new Prime Minister of Lebanon
- Lebanon’s ambassador to Germany, Mustapha Adib was appointed prime minister in crisis-hit Lebanon.
- Adib, who has been Beirut’s Berlin envoy since 2013, is affiliated with a small Sunni party headed by former Prime Minister Najib Mikati.
- Days after the blast, the government of Prime Minister Hassan Diab, a self-styled technocrat, stepped down.
- President Michel Aoun asked Lebanon’s ambassador to Germany Mr Adib to form a new government after he secured 90 votes in the 128-member Parliament.
Important takeaways for all competitive exams:
- Capital of Lebanon: Beirut.
- Currency of Lebanon: Lebanese pound.
Business News
2. ICICI Prudential Life launched voice chatbot “LiGo” on Google Assistant
- ICICI Prudential Life Insurance Company Limited has introduced an Artificial intelligence (AI)-powered voice chatbot, “LiGo”, on Google Assistant.
- This will enable the company’s policyholders to address their queries by simple voice commands. It provides an easy to use and convenient service touch-point for customers.
Important takeaways for all competitive exams:
- ICICI Prudential Life Insurance Company Limited CMD: N. S. Kannan.
- ICICI Prudential Life Insurance Company Limited HeadOffice: Mumbai, Maharashtra.
Appointments News
3. Aveek Sarkar becomes new Chairman of Press Trust of India
- The Editor Emeritus and Vice Chairman of the Ananda Bazar Group of Publications, Aveek Sarkar has been elected as the chairman of Press Trust of India (PTI).
- He succeeds Vijay Kumar Chopra, Chief Editor of the Punjab Kesari Group of newspapers.
Important takeaways for all competitive exams:
- PTI Headquarters location: New Delhi.
- PTI Founded: 27 August 1947.
4. Pramod Chandra Mody gets 6-month extension as CBDT Chairman
- The Appointments Committee of the Cabinet (ACC) has approved extension in the re-appointment of Pramod Chandra Mody as Chairman, Central Board of Direct Taxes (CBDT) for a period of six months with effect from 01.09.2020 to 28.02.2021 or until further orders.
- The CBDT is headed by a chairman and can have a maximum of six members. It frames policy for the Income-Tax Department.
Important takeaways for all competitive exams:
- Central Board of Direct Taxes Established: 1924.
- Central Board of Direct Taxes Headquarters: New Delhi.
5. Hemant Khatri becomes new CMD of Hindustan Shipyard Limited
- Commodore, Hemant Khatri (Retd) has assumed charge as the Chairman and Managing Director of state-owned defence shipbuilder, Hindustan Shipyard Ltd (HSL) at Visakhapatnam, Andhra Pradesh.
- He will replace Rear Admiral L V Sarat Babu (Retd). Previously, Hemant Khatri was serving as the Director of Strategic Projects HSL.
Important takeaways for all competitive exams:
- Hindustan Shipyard Ltd Established: 22 June 1941.
- Hindustan Shipyard Ltd Headquarters: Visakhapatnam, Andhra Pradesh.
Defence News
6. MoD signs contracts worth Rs 2580 Cr with BEML, TPCL & L&T
- Acquisition Wing of Ministry of Defence (MoD) has signed a contract worth Rs 2580 Cr with M/s. Bharat Earth Movers Ltd. (BEML), M/s. Tata Power Company Ltd. (TPCL) and M/s. Larsen & Toubro (L&T).
- The contract has been signed for supply of six Pinaka Regiments to the Regiment of Artillery of the Indian Army and hence will enhance the operation preparedness of our Armed Forces.
Important takeaways for all competitive exams:
- Union Minister of Defence: Raj Nath Singh.
Schemes and Committees
7. Committee set up to review effective utilisation of AFHQ CS cadre
- Defence Minister Rajnath Singh has approved the setting up of 3-member committee headed by Lt. Gen. Shekatkar (retired) to review the effective utilisation of the Armed Forces Headquarters Civil Services (AFHQ CS) cadre.
- Two other members of the committee are R. Chandrashekhar, a retired AFHQ cadre officer, and AN Das from the MoD finance wing.
- The committee will enable the Defence Ministry to optimise the civil as well as military administrative appointments in the service headquarters.
Science & Technology
8. IIT-Bombay students launch AI-based scanning app “AIR Scanner”
- Indian Institute of Technology (IIT) Bombay, students have launched a free-of-cost mobile scanner application “AIR Scanner”.
- The app saves the scanned document in PDF format and stores directly in the device.
- The AI (Artificial Intelligence) based Reading Assistant and Document Scanner app is developed by Rohit Kumar Chaudhary and Kavin Agrawal.
Important takeaways for all competitive exams:
- IIT-Bombay Headquarters: Mumbai, Maharashtra.
- Director of IIT-Bombay: Subhasis Chaudhuri.
Summit and Conferences
9. CFI to host first-ever Cycling Summit in 2021
- The Cycling Federation of India (CFI) is all set to host the first-ever Cycling Summit in 2021, with an aim to promote the culture of cycling in the country.
- This one-day summit is designed to promote the culture of cycling and exchange knowledge with budding and professional cyclists.
- The Cycling Summit 2021 will be hosted in Delhi, Mumbai, and Bangalore and is expected to be a unique confluence of cycling enthusiasts, renowned athletes, and businesses from all over the country.
Important takeaways for all competitive exams:
- President of Cycling Federation of India: Parminder Singh Dhindsa.
- Cycling Federation of India Established: 1946.
- Cycling Federation of India Headquarters: New Delhi.
Books and Authors
10. A book title “The Big Thoughts of Little Luv” authored by Karan Johar
- Bollywood Filmmaker, Karan Johar authored a children’s picture book titled “The Big Thoughts of Little Luv” inspired by his Twins Yash and Roohi.
- The book will be published by Juggernaut Books.
- The book narrates the story of the twins Luv and Kusha and features the challenges faced by the parents and the difference imposed between the boys and girls by the parents while raising them.
- Karan Johar released his autobiography titled “An Unsuitable Boy” in 2017.
Obituaries News
11. India’s 1st female cardiologist Dr S. Padmavati passes away
- Noted cardiologist, Dr S Padmavati passed away at the age of 103 years due to COVID-19.
- She was the first female cardiologist of India and was popularly known as ”God Mother of Cardiology”.
- She was the founder of the National Heart Institute. She was born in Burma (now Myanmar) in 1917, a year before the world was hit by the Spanish Flu pandemic.
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