21st May 2020 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam

Here is the daily GK update of 21st May 2020 covering the following news headlines: Indian Railways, Didi Vehicle Service, Mee Annapurna, Indian Steel Association.

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 21st May 2020 to help you prepare the Current affairs part. After reading this section, you can successfully attempt Current Affairs Quiz.

National News

1. Indian Railways operationalised its 1st 12,000 hp electric Locomotive- WAG12

Indian Railways has operationalised its 1st 12,000 hp electric Locomotive- WAG12. The loco is named WAG12 with Number 60027. This Locomotive has manufactured by Madhepura Electric Loco Factory in Bihar. This locomotive has been put into operation by Indian Railways from Pandit Deen Dayal Upadhyaya Junction.

Important takeaways for all competitive exams:

  • Union Minister of Railways: Piyush Goyal.
  • Minister of State of Railways: Angadi Suresh Channabasappa.

State News

2. “Didi Vehicle Service” launched in Madhya Pradesh

“Didi Vehicle Service” has been launched by the women of Rural Livelihood Mission in the tribal-dominated Jhabua district of Madhya Pradesh. Didi Vehicle Service has been launched for rural women for the safe delivery, hence proving to be a lifeline for pregnant rural women in tribal areas. The vehicle under the “Didi Vehicle Service” will also be available for other emergency services.

Important takeaways for all competitive exams:

  • Chief Minister of Madhya Pradesh: Shivraj Singh Chouhan; Governor: Lal Ji Tandon.

3. “Mee Annapurna” initiative launched in Maharashtra

“Mee Annapurna” initiative has been launched in Maharashtra by an IRDA licensed insurance intermediary “Integrated Risk Insurance”. This initiative has been launched by Integrated Risk Insurance as a part of its commitment as a Corporate Social Responsibility towards the welfare of the farmers and agriculture community in Maharashtra. This initiative is based on three commandments namely: Expertise, Engagement and Entitlement.

Important takeaways for all competitive exams:

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


4. Dilip Oommen becomes new President of Indian Steel Association

Indian Steel Association (ISA) has appointed Dilip Oommen as its new President. He is presently the CEO of Arcelor Mittal Nippon Steel India. He was unanimously appointed as President for the next two years. He will replace Tata Steel CEO TV Narendran, who stepped down as President on May 1. Oommen is a veteran of the steel industry with more than 37 years of experience and an alumnus of Indian Institute of Technology, Kharagpur (IIT-K).

Important takeaways for all competitive exams:

  • Indian Steel Association Headquarters: New Delhi.
  • Indian Steel Association Established: 2014.

5. Govinda Rajulu Chintala appointed as chairman of NABARD

The Appointments Committee of the Union Cabinet has appointed Govinda Rajulu Chintala as the Chairman of National Bank for Agriculture and Rural Development (NABARD). He is presently serving as the Chief General Manager at NABARD and will remain on the post till his superannuation in July 2022. Presently, Dr. Harsh Kumar Bhanwala is serving as the Chairman of NABARD.

6. Carmen Reinhart appointed as Chief Economist of World Bank Group

World Bank Group has appointed Carmen Reinhart as its new Vice President and Chief Economist. Her appointment will be effective from June 15, 2020. She was a Senior Policy Advisor and Deputy Director at the IMF and Vice President and Chief Economist of the investment bank Bear Stearns.

7. Dr Harsh Vardhan to take charge as chairman of WHO Executive Board

Union Minister of Health and Family Welfare, Dr Harsh Vardhan will take charge as the chairman of the World Health Organization (WHO) 34-member Executive Board. He will replace Dr Hiroki Nakatani of Japan. The WHO is governed by two decision-making bodies, the World Health Assembly and the Executive Board.

Important takeaways for all competitive exams:

  • Headquarters of WHO: Geneva, Switzerland.
  • Director-general of WHO: Tedros Adhanom.


8. DGDE & eGov Foundation partners for Online Management of Cantonment Boards

The Directorate General Defence Estates (DGDE), Ministry of Defence and eGov Foundation has inked an Memorandum of Understanding (MoU) for Online Management of Cantonment Boards. Both entities will work together to drive e-governance and enhance citizen services across all cantonment boards in the country. These services will be delivered under a cloud-based platform DIGIT (Digital Infrastructure for Governance, Impact & Transformation). These services will be provided under the program named e-Chhawani.

Important takeaways for all competitive exams:

  • Chief Executive Officer of eGov Foundation: Viraj Tyagi.
  • Director General Defence Estates: Smt Deepa Bajwa.

Business News

9. Flipkart partners with Bajaj Allianz for digital motor cover

An e-commerce major, Flipkart and Bajaj Allianz General Insurance Company have tied-up to offer a digital motor insurance policy to Flipkart’s customers. This partnership between the insurance company and an e-commerce major, will provide seamless, accessible as well as flexible insurance solution to the customers of Flipkart in order to safeguard their vehicles.

Sports News

10. NADA provisionally suspends powerlifters Savita Kumari & Ankit Shishodia

Two Indian Powerlifters namely Savita Kumari & Ankit Shishodia have been provisionally suspended by the National Anti Doping Agency (NADA). The powerlifters have been provisionally suspended for violating the anti-doping rules.

Important takeaways for all competitive exams:

  • Director General of National Anti Doping Agency: Navin Agarwal.
  • The National Anti Doping Agency was established by the Government of India, with the objective of acting as the independent Anti-Doping Organization for India having a vision of dope free sports.

Important Days

11. International Tea Day observed globally on 21st May

International Tea Day is observed globally May 21 on the recommendation of India. The purpose of International Tea Day is to try to improve the condition of tea producers and tea workers. Tea producing countries make a lot of profit but the condition of the labourers working in the tea plantations is very bad. Therefore, the purpose of International Tea Day is to encourage the status of tea workers, workers’ rights, daily wages, social security, employment security, and health.

Important takeaways for all competitive exams:

  • Food and Agriculture Organization Director-General: QU Dongyu.
  • Food and Agriculture Organization Headquarters: Rome, Italy.
  • Food and Agriculture Organization Founded: 16 October 1945.

12. World Day for Cultural Diversity for Dialogue and Development: 21 May

World Day for Cultural Diversity for Dialogue and Development is observed globally on 21 May every year. The purpose of the day is to deepen the understanding of the values of cultural diversity and to advance the four goals of the UNESCO Convention on the Protection and Promotion of the Diversity of Cultural.

Important takeaways for all competitive exams:

  • Director-General of UNESCO: Audrey Azoulay.
  • UNESCO formation: 4 November 1946.
  • UNESCO headquarters: Paris, France.

13. World Metrology Day observed globally on 20th May

World Metrology Day is observed globally on 20th May every year. Many nations on this day, internationally collaborate to create awareness about metrology and its advancement in the respective field. This year theme for World Metrology Day: Measurements for global trade. This theme was chosen to create awareness of the important role measurement plays in facilitating fair global trade, ensuring products meet standards and regulations, and satisfying customer quality expectations.

Important takeaways for all competitive exams:

  • International Organization of Legal Metrology Headquarters: Paris, France.
  • International Organization of Legal Metrology Founded: 1955.

14. Anti Terrorism Day 2020: 21st May

Anti Terrorism Day 2020 is observed on 21st May every year in India. The day marks the death anniversary of India’s seventh Prime Minister Rajiv Gandhi on 21 May 1991. He was killed in Tamil Nadu in a campaign by the Tamil Tigers Eelam (LTTE) a terrorist group. After this assassination, V.P. Singh government has decided to observe 21st May as Anti Terrorism Day.


15. J&K launches an initiative “SUKOON – COVID-19 Beat the Stress”

Department of Information and Public Relations, J&K has started an initiative “SUKOON – COVID-19 Beat the Stress” programme. This initiative spread awareness about the psychological impact of lockdown and measures to be adopted to overcome them.

Important takeaways for all competitive exams:

  • Lieutenant Governor Jammu and Kashmir: Girish Chandra Murmu.

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