Daily GK Update 13th March 2020: Read Daily GK-Current Affairs Update

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 13th March 2020 to help you prepare the Current affairs part. After reading this section, you can successfully attempt Current Affairs Quiz.

National

1. National Crime Records Bureau celebrated its 35th Inception Day

The National Crime Records Bureau (NCRB) celebrated its 35th Inception Day on 12th March 2020. On the occasion of inception day of NCRB, Union Minister of State for Home Shri Nityanand Rai launched Crime Multi Agency Centre (Cri-MAC) and National Cybercrime Training Centre (NCTC). A function was organized on the occasion of inception day of NCRB and featured the participation of DGs and Senior officers from various central and state police organizations.

2. Bhawna Dehariya climbs Australia’s Mount Kosciuszko

Indian mountaineer Bhawna Dehariya has successfully scaled Mount Kosciuszko (2,228-metres), the highest mountain peak in Australia on the occasion of Holi. Dehariya had scaled Mount Kilimanjaro (5, 895 meters), the highest mountain peak in Tanzania on the occasion of Diwali in the year 2019 and also felt fortunate that she had celebrated 2 biggest festivals of India at the mountain peaks.

Appointments

3. Surjit Singh Deswal gets additional charge of BSF DG

Indian Police Service (IPS) officer of Haryana cadre Surjit Singh Deswal took over the additional charge of Director General (DG) of Border Security Force (BSF). Deswal, a 1984-batch IPS officer, is currently the Director-General of Indo-Tibet Border Police. He has succeeded Director-General Vivek Johri, who has been appointed Director-General of Madhya Pradesh Police.

Important takeaways for all competitive exams:

• BSF formed: 1 December 1965; BSF Headquarters: New Delhi.

Agreements

4. SpiceJet to set up warehousing & distribution facility at GAHSL

An Indian low-cost airline, SpiceJet has signed a pact with GMR Hyderabad Aviation SEZ Limited (GHASL). According to the pact, SpiceJet will set up warehousing, distribution and trading facility in the aerospace and industrial park of GHASL. “Ready-to-Use” industrial infrastructure is offered by the park with the flexibility of choosing land within SEZ for business purposes.

Important takeaways for all competitive exams:

• GMR Hyderabad Aviation SEZ Limited (GAHSL) is a fully-owned subsidiary of GMR Hyderabad International Airport Ltd (GHIAL).
• Chief Executive Officer of GMR Hyderabad Aviation SEZ Limited (GAHSL): Aman Kapoor.
• Chairman and Managing Director of SpiceJet: Ajay Singh.

5. TCIL signs MoU with The Gambia for MEA’s eVBAB Network Project

Telecommunications Consultants India Ltd (TCIL) signed a Memorandum of Understanding (MoU) with The Gambia. This MoU is signed for the participation in MEA’s (eVBAB) e-VidyaBharati and e-ArogyaBharati Network Project for telemedicine and tele-education in Africa. The Gambia is the 16th country to participate in the e-Network Project. It is signed by the High commissioner of Gambia, Jainaba Jagne to the Director-Technical at the TCIL, Kamendra Kumar India at New Delhi.

Important takeaways for all competitive exams:

• Capital of The Gambia: Banjul.
• Currency of The Gambia: Gambian dalasi.
• President of The Gambia: Adama Barrow.

6. HP to get US$80 Mn to improve water management practices

The Government of India, Government of Himachal Pradesh have signed a US$80 million loan agreement with the World Bank. The loan agreement aims to enhance water management practices and to improve agricultural productivity in 428 Gram Panchayats of Himachal Pradesh.

Important takeaways for all competitive exams:

• President of World Bank: David Malpass; Headquarter: Washington DC.
• Chief Minister of Himachal Pradesh: Jairam Thakur; Governor: Bandaru Dattatraya.

Business

7. Digital Solutions Exchange “GOKADDAL” launched in India

The World’s first Digital Solutions Exchange in the cloud “GOKADDAL” has been launched in India. GOKADDAL is a cloud-based solutions exchange platform which focuses on four A’s i.e. Automation, Artificial Intelligence, Analytics and Augmentative Technologies. GOKADDAL brings its customers to the right solutions with right tools and right providers and hence helps them to realize their digital transformation vision. The cloud delivery platform is expected to revolutionize the way digital solutions are sourced, delivered and managed. The Dubai based emerging technology company “GOKADDAL Technologies” is a part of Merkado group.

Banking

8. SBI will buy Yes Bank shares worth Rs 7250 crore

The State Bank of India has agreed to buy shares worth Rs 7250 crore of the cash-strapped Yes Bank. The purchase of the shares will be in accordance with the draft reconstruction scheme put forward by the Reserve Bank of India. SBI will purchase the 725 crore shares of Yes Bank at a price of Rs 10 per share. After the purchase, the shareholding of the State Bank of India (SBI) in Yes Bank will remain under 49% of the paid-up capital.

Important takeaways for all competitive exams:

• Chief Executive Officer & MD of Yes Bank: Ravneet Gill; Headquarters: Mumbai, Maharashtra.
• Chairperson of SBI: Rajnish Kumar; Headquarters: Mumbai; Founded : 1 July 1955.
• RBI 25th Governor: Shaktikant Das; Headquarters: Mumbai; Founded: 1 April 1935, Kolkata.

9. SBI removes minimum balance charges from all savings bank accounts

The State Bank of India has waived off the minimum balance charges on all savings bank accounts. SBI has waive charges for non-maintenance of Average Monthly Balance (AMB) for all 44.51 crore savings bank accounts.

Important takeaways for all competitive exams:

• Chairperson of SBI: Rajnish Kumar; Headquarters: Mumbai; Founded : 1 July 1955.

Ranks and Reports

10. India ranks second in Global Animal Protection Index 2020

India gets the second rank in Global Animal Protection Index 2020. This Index was released by International animal welfare charity “World Animal Protection” released. India has attained a C ranking in the index. India was ranked along with Spain, Mexico, France and New Zealand. Sweden, the United Kingdom, and Austria are rated with the highest scores, which is encouraging.

Important takeaways for all competitive exams:

Science and Technology

11. “Technology Innovation Hub” to be established at IIT Mandi

The Indian Institute of Technology (IIT) Mandi will establish a Technology Innovation Hub (TIH) under the National Mission on Interdisciplinary Cyber-Physical Systems (NM-ICPS). The Technology Innovation Hub will be established with the help of Rs 7.25 crore sanctioned by the Department of Science and Technology (DST) to IIT Mandi.

Sports

12. World Golf Hall of Fame to induct Tiger Woods in Class of 2021

American golfer Tiger Woods will be elected in the World Golf Hall of Fame as part of the class of 2021. Woods was among 10 finalists named in March as candidates for 2021. His 93 worldwide victories include a record-tying 82 US PGA Tour titles. He won his 15th major title at the Masters last April.

Obituaries

13. Veteran Bengali actor Santu Mukhopadhyay passes away

Veteran Bengali actor Santu Mukhopadhyay passed away. He was popular for his roles in films like ‘Sansar Simante’ and ‘Bhalobasa Bhalobasa’. His other popular films includes Raja, Ganadevata and Byapika Biday. Kolkata born actor also acted in TV Serials like Isthi Kutum, Jol Nupur and Andarmahal.

Miscellaneous

14. CSIR-National Physical Laboratory develops Bi-Luminescent Security Ink

A “Bi-Luminescent Security Ink” has been discovered by the CSIR-National Physical Laboratory. The new ink developed by CSIR-National Physical Laboratory glows in two colours: green and red when illuminated by two different excitation sources at 365 nano meters (nm) and 254 nm.

15. Amitabh Bachchan becomes brand ambassador of IDFC FIRST Bank

IDFC FIRST Bank has signed Amitabh Bachchan as its brand ambassador. With this, Amitabh Bachchan has become the first ever brand ambassador of the bank.

Important takeaways for all competitive exams:

• MD and CEO of IDFC FIRST Bank: V Vaidyanathan; Headquarters: Mumbai.
• IDFC FIRST Bank was founded in 2015.

16. Facebook launches ‘Pragati’ to boost women entrepreneurship in India

Facebook India has launched its (corporate social responsibility) CSR initiative, Facebook “Pragati” to promote women entrepreneurship in India. Facebook Pragati powered by N/Core (The/Nudge Centre for Social Innovation).

Important takeaways for all competitive exams:

• CEO of Facebook: Mark Zuckerberg.
• Facebook Headquarters: California, US.

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