The General Awareness Section plays an important role in scoring well above cut off marks in any competitive exam. The Banking Awareness and Static Awareness questions asked in the General Awareness Section are based on Current Affairs mainly. So you need to prepare well this section to score good marks. Here is the Daily GK Update to get you acquainted with the top events that made the headlines today!
- GFDRR is a global partnership that helps developing countries better understand and reduce their vulnerability to natural hazards and climate change.
- India became a member of CG of GFDRR in 2015 and expressed its interest to co-chair in last meeting of CG held in October 2018.
- ISIS-K is known as ‘ISIS’ South Asia Branch, ISIL Khorasan, Islamic State’s Khorasan Province’ and ‘South Asian Chapter of ISIL’.
- Aditya Puri is the MD of HDFC Bank.
- Headquarters in Mumbai, Maharashtra.
i. Wholesale Price Index (WPI)-based inflation for April eased to 3.07%, from 3.62% in April 2018. The latest WPI print was also lower than 3.18% recorded in March this year. Build up inflation for the financial year so far was 0.75%, lower than 0.86% in the corresponding period of the previous year.
ii. The overall WPI print for April was dragged down by a sharp decline in manufactured products (which accounts for two-third weightage in the WPI basket), which came in at a 30-month low of 1.7% (2.16% in March 2019).
i. Bharti Airtel and HDFC Life Insurance have tied up to offer life cover for customers who get a prepaid recharge done.
ii. Airtel’s new Rs249-prepaid bundle (which will include 2 GB data, unlimited calls across networks, and 100 SMSes per day) will also offer a cover worth Rs4 lakh from HDFC Life.
i. Digital payments company Paytm, in association with Citibank, launched its first credit card called Paytm First Card.
ii. The card is issued by Citibank and doesn’t involve any hidden fees or charges. Paytm First Card comes with unlimited cash back and will be accepted in India as well globally.
Static/Current Takeaways Important For LIC AAO Mains 2019:
- Paytm Founder: Vijay Shekhar Sharma.
- Parent Organization: One97 Communications.
- Yes Bank Headquarters: Mumbai, Founder: Rana Kapoor.
i. In 1993, the General Assembly decided in a resolution that 15 May of every year should be observed as The International Day of Families.
ii. The Theme for 2019 International Day of Families is “Families and Climate Action: Focus on SDG 13″.
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