02nd & 03rd October 2020 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam

Table of Contents

Here is the daily GK update of 02nd & 03rd October 2020 covering the following news headlines: NABARD, West Bengal, Kritagyata, Bongosagar, Karnaklata Barua.

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 02nd & 03rd October 2020 to help you prepare the Current affairs part. After reading this section, you can successfully attempt Current Affairs Quiz.

National News

1. Shri Arjun Munda launches Tribal Entrepreneurship Development Programme

Union Minister of Tribal Affairs Shri Arjun Munda has launched the Tribal Entrepreneurship Development Programme.
The three-year initiative has been jointly launched by the Ministry of Tribal Affairs and Associated Chambers of Commerce and Industry of India (ASSOCHAM), an apex industry body.
The initiative will develop the potential of the tribal communities and building their capacities to enhance their contribution in socio-economic growth.
To mark the ‘Launch of Tribal Entrepreneurship Development Programme’, ASSOCHAM also conducted a webinar titled, ‘Khadi: Symbol of independent Atmanirbhar Bharat’ to commemorate the birth of Mahatma Gandhi and to celebrate upliftment, inclusion and empowerment of our underprivileged, marginalized and impoverished communities.

2. NABARD launches special refinance facility for WASH programme

The National Bank for Agriculture and Rural Development (NABARD) has announced a special refinance facility of Rs 800 crore for Fiscal Year 2021.
With this, NABARD will support the Government of India’s Water, Sanitisation and Hygiene (WASH) programme.
NABARD will provide concessional refinance to all eligible financial institutions including commercial banks, regional rural banks and cooperative banks with a repayment period of up to 36 months.
The support will be channelised to fund WASH activities, a thrust area eligible for 95% refinance. The bank credit will also be extended to NBFCs-MFIs and other MFIs (Societies, Trusts).

Important takeaways for all competitive exams:

Chairman of National Bank for Agriculture and Rural Development: G R Chintala.

State News

3. West Bengal launches “Pathashree Abhijan” scheme for road repair

West Bengal government has launched the “Pathashree Abhijan” scheme.
It is a road repair scheme, where more than 7,000 stretches of roads comprising 12,000 kilometers across the state will be repaired in a mission mode and in a time-bound manner.
The government of West Bengal has collated a list of the roads that will be repaired under the new scheme as the people of the state reached out to the Chief Minister through the ‘Didi Ke Bolo’ initiative of the government.

Important takeaways for all competitive exams:

Chief Minister of West Bengal: Mamata Banerjee; Governor: Jagdeep Dhankhar.

4. Assam CM launches ‘Kritagyata’ for online pension submission and tracking

Chief Minister of Assam has launched a portal “Kritagyata”, an online pension submission and tracking system.
It has been launched to lend convenience to the pensioners to dispose off their pension related claims.
With the help of the portal, the retired government employees will submit the pension related papers online and will also get opportunity to check the status of his pension.
The portal has been launched in line with the “Bhabhisya” portal of Government of India.

Important takeaways for all competitive exams:

Chief Minister of Assam: Sarbananda Sonowal; Governor: Prof. Jagdish Mukhi.

Important Days

5. International Day of Non-Violence: 2nd October

The International Day of Non-Violence is observed on 2nd October, the birthday of Mahatma Gandhi, leader of the Indian independence movement and pioneer of the philosophy and strategy of non-violence.
The International Day is an occasion to “disseminate the message of non-violence, including through education and public awareness”. This day is referred to as Gandhi Jayanti in India.
On 15 June 2007, the United Nations General Assembly voted to establish 2 October as the International Day of Non-Violence.
The year 2020 marks 151st birth anniversary of the global peace icon who was born on 2 October 1869, in Porbandar in Gujarat.

Some of the books written by Mahatma Gandhi are:

The Story of My Experiments with Truth
The Moral Basis of Vegetarianism
Peace: The Words and Inspiration of Mahatma Gandhi (Me-We)

Defence News

6. 2nd edition of India-Bangladesh Navy Bilateral Exercise “Bongosagar”

The second edition of Indian Navy (IN) – Bangladesh Navy (BN) Bilateral Exercise Bongosagar commences in Northern Bay of Bengal.
Exercise Bongosagar, is aimed at developing inter-operability and joint operational skills through conduct of a wide spectrum of maritime exercises and operations.
In the 2nd edition of Bilateral Exercise Bongosagar, ships from both navies will participate in surface warfare drills, seamanship evolutions and helicopter operations.
This exercise will be followed by the 3rd edition of IN – BN Coordinated Patrol (CORPAT) in Northern Bay of Bengal from 4 to 5 October 2020, wherein IN and BN units will undertake joint patrolling along the International Maritime Boundary Line (IMBL).

7. Indian Coast Guard Vessel Karnaklata Barua commissioned at Kolkata

The Indian Coast Guard Vessel Karnaklata Barua was commissioned at Kolkata.
It is the fifth and last in a series of Fast Patrol Vessel (FPV) built by Garden Reach Shipbuilders and Engineers (GRSE) Ltd.
The FPVs are upgraded versions of the inshore patrol vessels with a modified form of the hull and can achieve a speed of 34 knots. Such vessels have also been delivered to Indian Navy by GRSE.
Indian Coast Guard Vessel Karnaklata Barua was named after a teenage freedom fighter who was shot dead in Assam during the Quit India Movement. The other four are ICGS Priyadarshini (named after Indira Gandhi), ICGS Annie Besant, ICGS Kamala Devi (after Kamala Devi Chattopadhyay), and ICGS Amrit Kaur.
These ships are suited for patrolling, maritime surveillance, anti-smuggling, anti-poaching operations and also for fishery protection, and rescue and search missions.

Check More GK Updates Here

03 October Current Affairs 2020 | Current Affairs Today | Daily Current Affairs 2020

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