11th December 2020 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam

Here is the Daily GK Update of 11th December 2020 covering the following news headlines: UNICEF Day, Atmanirbhar Bharat Rojgar Yojana, National Centre for Divyang Empowerment, Koilwar bridge.

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 11th December 2020 to help you prepare the Current affairs part. After reading this section, you can successfully attempt Current Affairs Quiz.

National News

1. Cabinet approves Atmanirbhar Bharat Rojgar Yojana

  • The Union Cabinet has given its approval for Atmanirbhar Bharat Rojgar Yojana (ABRY) to boost employment in the formal sector by encouraging the businesses to do fresh hiring amid the pandemic.
  • ABRY will also incentivize the creation of new employment opportunities under Atmanirbhar Bharat Package 3.0.
  • The Cabinet has approved an expenditure of ₹ 1,584 crores for the current financial year and ₹ 22,810 crores for the entire scheme period from 2020 to 2023.
  • The scheme will provide subsidy for two years in respect of new employees engaged on or after October 1, 2020, and up to June 30, 2021.
  • The government will pay both 12 per cent employees’ contribution and 12 per cent employers’ contribution i.e. 24 per cent of wages towards EPF in respect of new employees in establishments employing up to 1,000 employees for two years.
  • It will pay only employees’ share of EPF contribution i.e. 12 per cent of wages in respect of new employees in establishments employing more than 1,000 employees for two years.

2. National Centre for Divyang Empowerment inaugurated in Telangana

  • The Union Minister of State for Home Affairs, G Kishan Reddy has inaugurated the National Centre for Divyang Empowerment (NCDE) at the CRPF Group Centre in Hakimpet near Hyderabad, Telangana.
  • The NCDE is first of its kind establishment to re-skill and rehabilitates the Divyang Warriors of the Central Armed Police Forces (CAPF) who suffered life-threatening injuries in the line of duty.
  • Several market-driven expertise like computer skills and various sports skills will be imparted on the Divyang Warriors to empower them and enable them to serve the force and the country.
  • All possible assistance and cooperation will be extended for the welfare of the Divyang Warriors.

Important takeaways for all competitive exams:

  • Central Reserve Police Force Director-General: AP Maheshwari.
  • Central Reserve Police Force Headquarters: New Delhi, India.

3. Union Minister Nitin Gadkari inaugurates Koilwar bridge in Bihar

  • The Union Minister for Road Transport and Highways, Nitin Gadkari has inaugurated the 1.5 km long Koilwar bridge over Sone river in Bihar through Video Conferencing.
  • This newly inaugurated bridge is a part of the six-lane bridge being made in place of the existing two-lane bridge, for both rail and road traffic, which is 138 years old.
  • The total cost of setting up this three-lane bridge is estimated at Rs 266 crore. The bridge is a major road for transport between Bihar and UP.
  • Once this six-lane bridge is fully operational, the traffic on NH-922 and NH-30 will ease substantially.

4. Union Cabinet approves historic PM-WANI Scheme

  • The Union Cabinet has approved a scheme called the Prime Minister’s Wi-Fi Access Network Interface (PM-WANI), to improve wireless connectivity and pave the way for free wireless internet in public spaces across the country.
  • The scheme will allow anyone, from an individual in a residential area to a Kirana shop owner to a tea shop vendor, to set up public Wi-Fi hotspot and deliver wifi services. It aims to promote the growth of public wi-fi networks in the country.

International News

5. Romanian PM Ludovic Orban resigns

  • The Prime Minister of Romania, Ludovic Orban has stepped down from his post after his ruling National Liberal Party (PNL) lost in 2020 parliamentary election.
  • Following this, Romanian President Klaus Iohannis appointed the Minister of National Defense, Nicolae-Ionel Ciuca as the interim prime minister of the country.

Important takeaways for all competitive exams:

  • Romania Capital: Bucharest.
  • Romania Currency: Romanian leu.
  • Romania President: Klaus Iohannis.

Economy News

6. ADB Projects GDP of India at -8% in 2020

  • The Asian Development Bank (ADB) has projected India’s economy to contract 8 per cent in 2020, as against (-)9.0 per cent previously forecast.
  • In its latest Asian Development Outlook report released on 10 December 2020, ADB also expects the GDP of India to bounce back with growth of 8.0 per cent in 2021.

Ranks and Reports 

7. Sonu Sood tops 50 Asian Celebrities in The World list 2020

  • Indian actor, Sonu Sood has topped the first-of-its-kind ’50 Asian Celebrities In The World’ 2020 list, published by UK based Eastern Eye newspaper.
  • The 47-year-old talented Bollywood star has been honoured for his inspiring philanthropic work throughout the Covid-19 pandemic, especially helping migrant workers reach their hometowns.
  • Sonu Sood beat global stars, including from Hollywood, the music industry, television, literature and social media, to be named the number one Asian celebrity on the planet for 2020.
  • Indian singer Armaan Malik came in fifth for his immense musical output that included barrier-breaking English language songs. Sixth-placed Priyanka Chopra Jonas remains the most famous Indian star in the world, while the rest of the top 10 includes pan-Indian star Prabhas (7).

Awards News

8. Carolina Araujo awarded 2020 Ramanujan Prize for Young Mathematicians

  • The year 2020 Ramanujan Prize for Young Mathematicians was awarded to Dr Carolina Araujo, Mathematician from the Institute for Pure and Applied Mathematics (IMPA), Rio de Janeiro, Brazil.
  • Her work area focuses on birational geometry, which aims to classify and describe the structure of algebraic varieties.
  • The prize is awarded annually to a researcher from a developing country funded by the Department of Science and Technology of the Government of India in association with ICTP (International Centre for Theoretical Physics), and the International Mathematical Union (IMU) was given for her outstanding work in algebraic geometry.
  • Dr. Araujo, who is Vice President of the Committee for Women in Mathematics at the International Mathematical Union, is the first non-Indian women mathematician to receive this prize and will be a role model for all women around the world.

Important takeaways for all competitive exams:

  • International Mathematical Union President: Carlos Kenig.
  • International Mathematical Union Headquarters location: Berlin, Germany.
  • International Mathematical Union Parent organization: International Science Council.
  • International Mathematical Union Founded: 1920.

9. Bajrang Punia, Elavenil Valarivan bag Sportsperson of the Year awards

  • Indian athletes, Bajrang Punia (Freestyle-Wrestling) and Elavenil Valarivan (Shooting), bagged the top honours at the virtually held FICCI India Sports Awards 2020 on the back of the 10th Global Sports Summit.
  • The two athletes, who have had an impressive 2019-20 season, won the Sportsperson of the Year awards in their respective categories.

Here is the list of Winner in different Categories:

Award Personality
Sportsperson of the Year (Female) Elavenil Valarivan
Sportsperson of the Year (Male) Bajrang Punia
Best State Promoting Sports Award Madhya Pradesh
Best Company Promoting Sports (Private Sector) Anil Kumble

Sports News

10. IOC gives Olympic status to Breakdancing

  • The International Olympic Committee (IOC) has registered ‘Breakdancing’ as the newest entry into Olympics and an official Olympic sport, with the aim to attract a new and younger audience.
  • Breakdancing will be known as ‘Breaking’ in Olympics event.
  • Breaking will make its Olympic Games debut at the 2024 Paris Games (2024 Summer Olympics).
  • It must be remembered that three new sports, skateboarding, sport climbing, and surfing, will make their Olympic debuts at the Tokyo Games 2021 (earlier 2020 Summer Olympics).

Important takeaways for all competitive exams:

  • International Olympic Committee Headquarters: Lausanne, Switzerland.
  • International Olympic Committee President: Thomas Bach.
  • International Olympic Committee Founded: 23 June 1894 (Paris, France).

Important News

11. UNICEF Day: 11 December

  • Every year the UNICEF Day is observed on December 11.
  • The United Nations General Assembly created UNICEF on December 11, 1946, as the United Nations International Children’s Emergency Fund to improve the health, nutrition, education, and general welfare of children devastated due to World War II.
  • UNICEF’s name was subsequently changed from United Nations International Children’s Emergency Fund to United Nations Children’s Fund though, it continued to be known by the popular acronym based on the previous title.

Important takeaways for all competitive exams:

  • UNICEF Headquarters: New York, United States of America.
  • UNICEF Executive Director: Henrietta H. Fore.

12. International Mountain Day: 11 December

  • The International Mountain Day is observed globally on December 11 every year.
  • The day is celebrated to create awareness about the importance of mountains to life, to highlight the opportunities and constraints in mountain development and to build alliances that will bring positive change to mountain peoples and environments around the world.
  • “Mountain biodiversity” is the theme of this year’s International Mountain Day, so let’s celebrate their rich biodiversity, as well as address the threats they face.
  • The day was established by the UN General Assembly in 2003 to encourage sustainable development of mountains. United Nations had declared 2002 as the UN International Year of Mountains.

Check More GK Updates Here

10th December Current Affairs 2020 | Current Affairs Today | Daily Current Affairs 2020

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