Daily GK Update 11 April 2020: Read Daily GK for Bank Exam

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

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1. RBI launches Twitter campaign to promote digital modes of payment

The Reserve Bank of India launched a twitter campaign urging bank customers to adopt digital modes of payment that are convenient and safe. RBI emphasised on transacting digitally as it gives the convenience of making payments anytime and anywhere. Through the campaign, RBI reiterated the multiple digital payment options such as NEFT, IMPS, UPI and BBPS that are available 24*7. The face of the campaign is Bollywood actor Amitabh Bachchan.

Important takeaways for all competitive exams:

  • RBI 25th Governor: Shaktikanta Das; Headquarters: Mumbai; Founded: 1 April 1935, Kolkata.

2. Jana Small Finance Bank launches “DigiGen” digital banking platform

Jana Small Finance Bank has launched “DigiGen” a digital banking platform where customers can digitally open a savings account and fixed deposit instantly, any time, anywhere.

Important takeaways for all competitive exams:

  • The tagline of Jana Small Finance Bank: ‘Paise Ki Kadar’.
  • MD and CEO of Jana Small Finance Bank: Ajay Kanwal.

3. ACC approves extension of Bank Board Bureau members’ tenure by 2 years

The Appointments Committee of the Cabinet (ACC) has approved the extension of tenure of all members and the current part-time chairman of the Bank Board Bureau(BBB) by 2 years, which is coming to an end on April 11,2020. The former Secretary in the Department of Personnel and Training, Bhanu Pratap Sharma, will continue to hold the post of part-time member of the board.

Important takeaways for all competitive exams:

  • Headquarters of Banks Board Bureau: Mumbai, Maharashtra.
  • In February 2016, the government formed the Banks Board Bureau and was given the responsibility of deciding candidates for the top positions in public sector banks and financial institutions.


4. Bharat Biotech in tie-up with FluGen to develop ‘CoroFlu’ vaccine

Bharat Biotech in tie-up with the US-based company FluGen and University of Wisconsin Madison to develop a vaccine named “Coro-Flu” to fight against COVID-19. CoroFlu will build on the backbone of FluGen’s flu vaccine candidate known as M2SR.

Important takeaways for all competitive exams:

  • Headquarters of Bharat Biotech: Hyderabad,Telangana.
  • Chairman and Managing Director of Bharat Biotech: Krishna M Ella.

5. Flipkart inks partnership with ICICI Lombard to offer health plan for Covid-19

Flipkart Private Limited inks partnership with ICICI Lombard General Insurance Company Limited & Go Digit General Insurance to launched two health insurance policies. The name of the two policies that specifically cover coronavirus (COVID-19) are ‘COVID-19 Protection Cover’ and ‘Digit Illness Group Insurance’.

Important takeaways for all competitive exams:

  • Headquarters of ICICI Lombard: Mumbai, Maharashtra.
  • MD & CEO of ICICI Lombard: Bhargav Dasgupta.
  • Digit general insurance Headquarters: Bengaluru, Karnataka.

Ranks and Reports

6. India ranks high on “Oxford COVID-19 Government Response Tracker”

The “Oxford COVID-19 Government Response Tracker” has identified India’s response to Covid-19 as one of the most stringent in the world. This data are based on tracking 73 countries. This tracker is created by researchers from Blavatnik School of Government at the University of Oxford. The tracker is designed to systematically record government responses worldwide and aggregate the scores into a common ‘Stringency Index’.

Important takeaways for all competitive exams:

  • Oxford University Headquarters: Oxford, United Kingdom.
  • The Oxford English Dictionary is the principal historical dictionary of the English language, published by Oxford University Press.


7. FIFA’s latest ranking: India retains 108th slot

India football team retained its 108th spot in the latest FIFA rankings. While Belgium ranked first and world champion France is in 2nd place and Brazil is at 3rd spot. In the wake of the coronavirus (Covid-19) epidemic the qualifier tournaments have been postponed for the FIFA World Cup and other major games at the international level.

Rank Teams  points
1 Belgium 1765
2 France 1733
3 Brazil 1712
108 India 1187

Important takeaways for all competitive exams:

  • Headquarters of FIFA: Zürich, Switzerland.
  • President of FIFA Gianni Infantino.


8. Padma Shri classical singer Shanti Hiranand Chawla passes away

Renowned Hindustani classical singer and Padma Shri awardee Shanti Hiranand Chawla passed away. The singer was trained in thumri, Dadra and ghazal singing by Begum Akhtar, and was world-renowned for keeping the legendary ghazal singer’s style alive in her performances, which she staged all across the world, including Lahore, Islamabad, Toronto, Boston, New York, and Washington.

9. Former Zimbabwean cricketer Jackie du Preez passes away

The former Zimbabwean cricketer Jackie du Preez passed away. The leg-spinner played for South Africa in Zimbabwe’s pre-independence days. He played two Tests for South Africa in 1967. After he retired in 1979, he served his nation, Zimbabwe as a national selector in cricket.

Important Days

10. National Safe Motherhood Day observed globally on 11 April

National Safe Motherhood Day is observed on April 11 every year. National Safe Motherhood Day is an initiative of the White Ribbon Alliance India (WRAI), to enforce that women must have the availability and adequate access to care during pregnancy childbirth and postnatal services. At the request of WRAI, an alliance of 1800 organizations, in 2003, the Government of India declared April 11th, the anniversary of Kasturba Gandhi’s birth, as National Safe Motherhood Day. India is the 1st country in the world to have socially declared a National Safe Motherhood Day.

Important takeaways for all competitive exams:

  • White Ribbon Alliance India was launched in 1999.


11. CSIR-NCL & BEL ink partnership to developed IR Thermometer and OEU

Important takeaways for all competitive exams:

  • National Chemical Laboratory established: 1950.
  • National Chemical Laboratory location: Pune, Maharashtra.

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