Table of Contents
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 06th March 2020 to help you prepare the Current affairs part. After reading this section, you can successfully attempt Current Affairs Quiz.
National News
1. Health Ministry organizes workshop to manage COVID-19
New Delhi hosts a national level Training Workshop on COVID-19 Management for all the states and hospitals. The workshop was organized by the Health Ministry aims to train the trainers on various aspects to tackle the situation related to novel Coronavirus. Infection prevention, hospital preparedness, disinfection and biomedical waste management, community engagement, non-pharmaceutical interventions are some aspects on which training will be provided to the trainers
International News
2. Janez Jansa becomes new Prime Minister of Slovenia
Janez Jansa has become the Prime Minister of Slovenia. He will replace Marjan Sarec, who resigned from his post in January 2020. Janez Jansa has led the Slovenian government previously from 2004 to 2008 and from 2012 to 2013.
Important takeaways for all competitive exams:
- President of Slovenian: Borut Pahor.
- Capital of Slovenian: Ljubljana.
- Currency of Slovenian: Euro.
State News
3. Namaste Orchha festival begins in Madhya Pradesh
‘Namaste Orchha’ festival commenced in Orchha, a town in Niwari district of Madhya Pradesh. The festival aims to create new opportunities to promote the rich cultural, natural and architectural heritage, traditions and history of the state. “Namaste Orchha festival will exhibit the cultural landscape of Madhya Pradesh through a series of activities such as art, music, dance, guided history tours and photography.
Important takeaways for all competitive exams:
- Chief Minister of Madhya Pradesh : Kamal Nath.
- Governor of Madhya Pradesh: Lal Ji Tandon.
Banking and Business News
4. GoI imposed the Rs 50,000 withdrawal limit on Yes Bank account holders
The Union Government of India imposed temporary prohibition of the activity of the capital-starved Yes Bank and capped withdrawals at ₹50,000 per account after considering an application made by the Reserve Bank of India. The board of Yes Bank has been superseded with immediate effect by the Reserve Bank of India (RBI). Former SBI CFO Prashant Kumar has been appointed as administrator of Yes Bank.
Important takeaways for all competitive exams:
- Chief Executive Officer & MD of Yes Bank: Ravneet Gill.
- Headquarters of Yes Bank: Mumbai, Maharashtra.
- Yes Bank established: 2004.
5. “Sebi SCORES” mobile app launched by SEBI for investors to lodge grievances
Securities and Exchange Board of India (SEBI) has launched a mobile application ‘Sebi SCORES’ for convenience of investors to lodge grievances in Sebi Complaints Redress System (SCORES). The mobile app will make it easier for investors to lodge their grievances with SEBI, as they can now access SCORES at the convenience of their smartphone.
Important takeaways for all competitive exams:
- Chairman of SEBI: Ajay Tyagi; Headquarter: Mumbai.
Awards
6. 4th Edition of the Women Transforming India Awards 2019
The fourth edition of the Women Transforming India Awards 2019 will be organised on the occasion of International Women’s Day i.e. on 8 March 2020. The Women Entrepreneurship Platform of the NITI Aayog (National Institution for Transforming India) will organise the Women Transforming India Awards 2019. The WTI recognizes the inspiring stories of women entrepreneurs who are breaking the glass ceiling.
Important takeaways for all competitive exams:
- CEO of NITI Aayog (National Institution for Transforming India) : Amitabh Kant.
Appointments
7. RBI Deputy Governor N.S. Vishwanathan resigns before retirement
RBI Deputy Governor N S Vishwanathan has announced his resignation due to health problems. He was first appointed as the Reserve Bank’s deputy governor for a three-year term in 2016, following which he was reappointed for one year. Vishwanathan has served under three governors Raghuram Rajan, Urjit Patel and Shaktikanta Das.
Important takeaways for all competitive exams:
- RBI 25th Governor: Shaktikant Das; Headquarters: Mumbai; Founded: 1 April 1935, Kolkata.
Sports News
8. SAI announces 1st edition of Khelo India Women’s Hockey League
The Sports Authority of India (SAI) has announced the first edition of the Khelo India Women’s Hockey League Under-21 in association with Hockey India. The Khelo India Women’s Hockey League Under-21 will be organized by the Hockey India in three phases. The first season of the league will feature the participation of 14 teams. These 14 teams will be further divided into pools of seven teams each following a round-robin format.
9. Philippines will host the Badminton Asia Championships
The Badminton Asia Championships will be held in the capital of Philippines i.e. Manila. The Badminton Asia Championship was earlier scheduled to be held in Wuhan, China. Due to Novel Coronavirus outbreak in China, the Badminton Asia has took a decision to move the Badminton Asia Championships from Wuhan to Manila.
Science & Technology
10. Google cloud announces to open Delhi Cloud Region
Google Cloud announced its plans to open a Delhi Cloud Region which will be the company’s second cloud region in India since it launched one in Mumbai. The new cloud region will expand Google’s existing network which stands at 8 regions in the Asia Pacific and 22 regions globally. The Delhi cloud region will have three zones to protect against service disruptions. The project will be launched in 2021.
Important takeaways for all competitive exams:
- Google CEO: Sundar Pichai; Founded: 4 September 1998.
- Headquarters of Google: California, United States.
11. ARCI develops “PEMFC” system for Disaster Management
The International Advanced Research for Powder Metallurgy & New Materials (ARCI), Hyderabad has developed a fuel cell technology called Polymer Electrolyte Membrane fuel cells (PEMFC). The Polymer Electrolyte Membrane fuel cells has been developed by ARCI in the power range of 1 to 20 kiloWatt (kW). The in-house PEMFC system has operational capability at low-temperatures with applications in decentralised power generation systems. This system backing EOC is expected to provide immediate support during the Golden Hour of the disaster.
Books and Authors
12. “Chronicles of Change Champions” book released by Smriti Irani
Union Minister for Women and Child Development Smriti Zubin Irani has released a book titled “Chronicles of Change Champions” in New Delhi. The book is a compilation of 25 innovative initiatives taken at the state and district levels under the Prime Minister’s flagship scheme of Beti Bachao, Beti Padhao which was launched by Prime Minister Narendra Modi on 22nd January 2015 at Panipat, Haryana.
Obituaries News
13. Former UN Chief Javier Perez de Cuellar passes away
Former UN Chief Javier Perez de Cuellar passed away at the age of 100. He served as the president of the UN Security Council from 1973 to 1974. He also served as United Nations Secretary General from 1981 to 1991. He was often described as a “pacifist by vocation and nature.” He was awarded Prince of Asturias Prize for the promotion of Ibero-American cooperation in 1987.
Miscellaneous News
14. Workshop-cum-Awareness Programme on Skill Development held at Kulgam
The District Employment and Counseling Centre has organized a Workshop-cum-Awareness Programme on the Skill Development for Unorganized Workers in Kulgam, Jammu & Kashmir. The workshop for the unorganized workers was organized under the Pradhan Mantri Shram Yogi Maandhan (PMSYM) Scheme.
Important takeaways for all competitive exams:
- Lieutenant Governor of Jammu and Kashmir: Girish Chandra Murmu.
15. 4th Global Ayurveda Festival to be held at Kochi
The 4th Global Ayurveda Festival will be held at Kochi, Kerala with the theme of Ayurveda Medical Tourism: Actualizing India’s credibility. GAF2020 is being organised by the Centre for Innovation in Science and Social Action (CISSA). It will be the largest Ayurvedic event ever to be held anywhere across the world. GAF-2020 will bring together the world of Ayurveda wellness providers and it’s seekers to one platform.
Important takeaways for all competitive exams:
- Minister of State (IC) of the Ministry of Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homoeopathy (AYUSH): Shripad Yesso Naik.
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