07th July 2020 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam

Read the daily GK update of 07th July 2020. In today's GK Update we are covering the following news headlines: Ofek 16, Nekara Samman Yojane, Maha Job portal, Intzaar Aap Ka, IFSCA. Read the daily GK update for upcoming competitive exams in 2020.

Here is the daily GK update of 07th July 2020 covering the following news headlines: Ofek 16, Nekara Samman Yojane, Maha Job portal, Intzaar Aap Ka, IFSCA.

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 07th 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. India’s 1st NPNT compliant Drone flight successfully completed

India’s First No-Permission No-Takeoff (NPNT) compliant drone flight on the A200 Remotely Piloted Aircraft System (RPAS) has been completed successfully by Quidich Innovation Labs and Asteria Aerospace. This NPNT drone flight is under the Ministry of Civil Aviation MoCA & DGCA comprehensive policy on the use of Unmanned Aerial Vehicles (UAV), which came into effect on 1st Dec 2018.

Important takeaways for all competitive exams:

  • Minister of State (Independent Charge) of the Ministry of Civil Aviation: Hardeep Singh Puri.

International News

2. Israel successfully launches “Ofek 16” spy satellite into space

Israel Defence Ministry has announced the successful launch of a new “Ofek 16” spy satellite into orbit by using a locally-developed Shavit rocket from a launch pad at Palmachim airbase in central Israel. This was the first launch of an Israeli spy satellite into space since the Ofek-11 which entered orbit in September 2016.

Important takeaways for all competitive exams:

  • Capital of Israel: Jerusalem.
  • The currency of Israel: Israeli Shekel.
  • President of Israel: Reuven Rivlin.
  • Prime Minister of Israel: Benjamin Netanyahu.

State News

3. HP becomes first state where everyone possess LPG connection

Chief Minister Jai Ram Thakur has announced that the Himachal Pradesh has become the first state in India where 100% households have LPG gas connections. The feat was achieved by the state with the help of ‘Himachal Grihini Suvidha Yojana’ with the help of which the state government covered the left out families in the state, who were not covered under the Central government’s Pradhan Mantri Ujjawala Yojna.

Important takeaways for all competitive exams:

  • Chief Minister of Himachal Pradesh: Jai Ram Thakur; Governor: Bandaru Dattatraya.

4. Karnataka government launches “Nekara Samman Yojane”

Karnataka government has launched a relief scheme “Nekara Samman Yojane” for weavers. The state government has allocated a sum of Rs 10.96 crore under the programme. As per the state government, the Silk, cotton, wool and other handloom weavers have been made eligible under the scheme.

Important takeaways for all competitive exams:

  • Chief Minister of Karnataka: B.S. Yediyurappa; Governor: Vajubhai Vala.

5. Maharashtra government launches “Maha” Job portal

“Maha” Jobs Portal has been launched by the Maharashtra government. The job portal has been rolled out to offer remployment opportunities to local residents. The portal will help in recruitment of skilled, semi-skilled and unskilled employees by bridging the gap between employers and local wokers. Maharashtra Industrial Development Corporation will run the Maha job portal.

Important takeaways for all competitive exams:

  • Chief Minister of Maharashtra: Uddhav Thackeray; Governor: Bhagat Singh Koshyari.

6. MP Tourism board launches “Intzaar Aap Ka” campaign

Madhya Pradesh Tourism board has launched a campaign “Intzaar Aap Ka”. The campaign has been launched on social media platforms to attract tourists to the tourist places of the state. Through the campaign “Intzaar Aap Ka”, the Madhya Pradesh Tourism Board has been inviting tourists by describing about each tourist destination in an attractive way.

Important takeaways for all competitive exams:

  • Chief Minister of Madhya Pradesh: Shivraj Singh Chouhan; Governor: Anandiben Patel.

Agreements & MoUs

7. Railways, BHEL tie up for solar power generation

Indian Railway in collaboration with Bharat Heavy Electricals Limited (BHEL) has set up a 1.7 Megawatt solar power plant at Bina, Madhya Pradesh. The project involves the adoption of innovative technology for converting Direct Current to single-phase Alternating Current for feeding directly to Railway’s overhead traction system.

Important takeaways for all competitive exams:

  • Chairman & MD of BHEL: Nalin Shinghal.
  • BHEL founded: 1964; Headquarters: New Delhi, India.
  • Union Minister of Railways: Piyush Goyal.

Appointments News

8. Injeti Srinivas appointed as chairman of IFSCA

A 1983-batch IAS officer, Injeti Srinivas has been appointed as 1st chairman of the International Financial Services Centres Authority (IFSCA) for a period of three years. The Appointments Committee of the Cabinet has approved his appointment. Besides the Chairman, IFSCA has a member each nominated from RBI, IRDAI, SEBI and PFRDA. There are also two members from the Central Government and full-time or part-time members in the Authority.

Important takeaways for all competitive exams:

  • Headquarters of IFSCA: Gandhinagar, Gujarat.

Banking News

9. YES Bank launches ‘Loan in Seconds’ for instant loan disbursement

YES Bank has launched a digital solution, “Loan in Seconds” for instant disbursement of retail loans. The account holders identified by the bank can avail this quick loan disbursal facility without any document.

Important takeaways for all competitive exams:

  • Yes Bank Headquarters: Mumbai, Maharashtra.
  • Yes Bank MD & CEO: Prashant Kumar.
  • Yes Bank Tagline: Experience our Expertise.

Science and Technology

10. IIT Roorkee researchers develops disinfection box “Unisaviour”

“Unisaviour”, a disinfection box has been developed by the researchers at IIT Roorkee. The disinfection box “Unisaviour” can be used to sterilize personal belongings, apparels, PPE, medical equipment among others form the COVID-19. The disinfection box can also be installed easily at the public spaces such as cinema halls, malls etc to ensure the highest standard of hygiene.

Books & Authors

11. “Getting Competitive: A Practitioner’s Guide for India” authored by R C Bhargava

The Chairman of Maruti Suzuki, RC Bhargava has authored the book “Getting Competitive: A Practitioner’s Guide for India” from his experience as a policymaker and a leading industrialist. The book published by HarperCollins India.

Important takeaways for all competitive exams:

  • Managing Director & CEO of Maruti Suzuki: Kenichi Ayukawa.
  • Maruti Suzuki Headquarters: New Delhi.

Sports News

12. Valtteri Bottas wins F1 Austrian Grand Prix

Mercedes’s, Valtteri Bottas (Finland) has won the Austrian Grand Prix 2020 at Red Bull Ring in Spielberg, Austria. This was the first race of 2020 Formula One season. Charles Leclerc finished second for Ferrari while McLaren’s Lando Norris came third.

Important Days

13. World Chocolate Day celebrated on 7th July

World Chocolate Day or International Chocolate Day is observed on 7th July every year. The day celebrates the existence of chocolate in our lives. It is marked by eating chocolates and sharing with dear ones.

Obituaries News

14. Oscar-winning Italian film composer Ennio Morricone passes away

Oscar-winning Italian film composer, Ennio Morricone passed away. He was born in Rome in 1928. He scored more than 500 films. He won his Oscar for his work on Quentin Tarantino’s The Hateful Eight (2015) and also was nominated for his original scores for Terrence Malick’s Days of Heaven (1978), Roland Joffe’s The Mission (1986), Brian De Palma’s The Untouchables (1987), Barry Levinson’s Bugsy (1991) and Giuseppe Tornatore’s Malena (2000).

Miscellaneous News

15. AIR broadcasts programme titled “Sanskrit Saptahiki”

The All India Radio (AIR) has broadcasted a programme titled “Sanskrit Saptahiki”. It is the first ever ‘News Magazine’ programme in Sanskrit which constitutes news from the world of Sanskrit including the prominent developments of the week.

Important takeaways for all competitive exams:

  • Director General of All India Radio: Ira Joshi.

Check More GK Updates Here

Best 200+ Current Affairs for SBI Clerk Mains, SBI PO, IBPS RRB 2020 | 7 July 2020

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