02nd June 2020 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam

Here is the daily GK update of 02nd June 2020 covering the following news headlines: SpaceX, Telangana, CHAMPIONS, Yes Bank, Forbes, C-TAP.

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

National News

1. To empower MSMEs PM Modi launches Technology Platform “CHAMPIONS” 

Prime Minister Narendra Modi has launched the technology platform CHAMPIONS to create the smaller units big by solving their grievances, encouraging, supporting, helping and handholding. CHAMPIONS stands for Creation and Harmonious Application of recent Processes for Increasing the Output and National Strength. It is a real one-stop-shop solution of MSME Ministry.

International News

2. WHO launches ‘C-TAP’ for equitable access to life-saving tech

World Health Organization (WHO) has launched the ‘COVID-19 Technology Access Pool’ for equitable access to life-saving tech. This has been launched after the request from at least 37 countries who jointly appealed to the World Health Organisation for common ownership of vaccines, medicines and other diagnostic tools to combat the global health crisis. C-TAP aims to accelerate the development of vaccines and medicines through the sharing of research and information and to increase manufacturing capacity for any products that are developed.

Important Static for all competitive examination:

• Headquarters of WHO: Geneva, Switzerland.
• Director-general of WHO: Tedros Adhanom.

States News

3. Telangana Formation Day observed on 2nd June

Telangana government celebrates 2nd June as the “Telangana Formation Day” every year. The idea to formed the state was coined in the year 2013 in both the Parliaments under the Prime Ministership of Manmohan Singh. Finally, it was on 2nd June 2014 when Telangana was inaugurated as a separate State and Sri K Chandrashekhar Rao became its first Chief Minister.

Important takeaways for all competitive exams:

• Hyderabad is the capital city of Telangana.
• The official language of the state is Telugu.

Business News

4. Yes Bank acquires 24.19% stake in Dish TV India Ltd

Yes Bank has acquired a 24.19% stake in Dish TV India Ltd, a corporation providing Direct to Home (DTH) television service in India, following invocation of 44.53 crores pledged shares thanks to default in payment of the debt by Dish TV and a few other companies.

Important Static for all competitive examination:

• Yes Bank Headquarters: Mumbai, Maharashtra
• Yes Bank MD & CEO: Prashant Kumar
• Yes Bank Tagline: Experience our Expertise.

Appointments News

5. Pradip Kumar takes over as Secretary in Ministry of Steel

Pradip Kumar Tripathi  has taken over as Secretary, Ministry of Steel, Government of India. Earlier he was posted as Special Secretary and Establishment Officer in Department of Personnel and Training (DoPT).

Important takeaways for all competitive exams:

• Union Minister of Steel: Dharmendra Pradhan.

Ranks & Reports

6. Virat Kohli features in Forbes’ 2020 list of world’s highest paid athletes

India skipper Virat Kohli is the only cricketer to feature in Forbes’ list of the top 100 highest-paid athletes in the world for the year 2020. He is ranked at number 66 with estimated earnings of $26 million while Swiss tennis star Roger Federer topped the list of world’s highest-paid athlete for 2020 with estimated earnings of $106.3 million. The factors used by Forbes’ for calculation were athletes’ revenue, including prize money, salaries, contract bonuses, endorsements, royalties, and appearance fees from June 1, 2019, until June 1, 2020.

Science & Technology

7. SpaceX Crew Dragon capsule carrying NASA astronauts docks

NASA astronauts Robrt Behnken and Douglas Hurley docked the SpaceX capsule with the International Space Station(ISS). SpaceX’s Falcon 9 with Crew Dragon capsule – Endeavour launched from Pad 39A at NASA’s Kennedy Space Center, Cape Canaveral, Florida. Now SpaceX became the first private company to fly astronauts into orbit.

Important takeaways for all competitive exams:

• The administrator of the National Aeronautics and Space Administration (NASA): Jim Bridenstine.
• Headquarters of NASA: Washington D.C., United States.
• SpaceX founder & CEO: Elon Musk.
• SpaceX president & COO: Gwynne Shotwell.
• SpaceX Founded: 2002.
• SpaceX Headquarters: Hawthorne, California, United States of America.

Sports News

8. Kiren Rijiju inaugurates “Khelo India e-Pathshala” programme

Khelo India e-Pathshala programme has been inaugurated by the Union Minister for Youth Affairs & Sports, Kiren Rijiju. The programme has been launched by the Sports Authority of India (SAI) in collaboration with National Sporting Federations (NSF). It is India’s first ever National-level open online coaching and education programme for the grassroot level athletes across India.

Obituaries News

9. Former Olympic sprint champion Bobby Morrow passes away

American sprinter, Bobby Joe Morrow who won three athletics gold medals at the 1956 Melbourne Olympic Games, passed away. He won the 100m, 200m and 4x100m relay in Melbourne, becoming the first man only after fellow American Jesse Owens (1936) to win sprint treble.

Miscellaneous News

10. IMD Reports ‘Cyclone Nisarga’ over Arabian Sea

The India Meteorological Department (IMD) has warned that the cyclonic storm Nisarga has turned into a depression in the Arabian Sea. the storm is expected to hit Maharashtra and Gujarat on June 3. This cyclonic storm could be the first tropical cyclone in 129 years to hit Maharashtra in the month of June.

Important takeaways for all competitive exams:

• Director-General of Meteorology, India Meteorological Department: Mrutyunjay Mohapatra.
• India Meteorological Department Headquarters: New Delhi.

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