04th May 2020 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam

Here is the daily GK update of 04th May 2020 covering the following news headlines: IDEAthon, bharatmarket, Saffron, HDFC Bank.

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 04th May 2020 to help you prepare the Current affairs part. After reading this section, you can successfully attempt Current Affairs Quiz.

National News

1. IDEAthon on ‘The Future of River Management’ organised jointly by NIUA & NMCG 

The National Mission for Clean Ganga under the Ministry of Jal Shakti has jointly organised an IDEAthon on “The future of River Management’ with the National Institute of Urban Affairs to explore how the COVID-19 crisis can shape the River Management strategies for the future and featured the participation of global experts. It also emphasized about river management and also highlighted the interconnectivity of Cities with the River.

Important takeaways for all competitive exams:

• Union Minister for Jal Shakti: Gajendra Singh Shekhawat.

2. National e-commerce marketplace ‘bharatmarket’ to be launched by CAIT 

Confederation of All India Traders (CAIT) is going to launch a National e-commerce marketplace ‘bharatmarket’. It would be launched for all retail traders nationwide and aims to integrate 95% of retail traders onboard the national platform. It will integrate capabilities of various technology companies in order to provide end-to-end services in the logistics as well as supply chains from manufacturers to end consumers. CAIT is expecting to enrol around one crore retailers on the national platform in year 2020, hence making it the world’s largest and most-unique e-marketplace ever.

State News

3. Maharashtra to offer free insurance cover premium to its people

The Government of Maharashtra  has announced the inclusion of state’s whole population under the Mahatma Jyotiba Phule Jan Aarogya Yojana. The state will provide free health treatment to cent per cent population of the state. At present, Mahatma Jyotiba Phule Jan Arogya Yojana is covering 85% of the state’s population. With the latest announcement, the benefits of the scheme have been extended towards the remaining 15% people of state. The latest changes will enable the state government, semi-government employees as well as the white ration card holders to apply for this scheme. Under the scheme, people in the state can avail the benefits of free and cashless health insurance.

Important takeaways for all competitive exams:

• Chief Minister of Maharashtra: Uddhav Thackeray; Governor: Bhagat Singh Koshyari.

Sports News

4. ANZ Cricket Awards announced by New Zealand Cricket  

The Annual New Zealand Cricket Awards has been announced by New Zealand Cricket. The awards were presented online for the first time due to the COVID-19 pandemic. Here is the complete list of Annual New Zealand Cricket Award winners: Suzie Bates won the ANZ International Women’s ODI Player of the Year award, Kane Williamson won the ANZ International Men’s ODI Player of the Year award, Sophie Devine won the ANZ International Women’s T20 Player of the Year award, and Ross Taylor won the ANZ International Men’s T20 Player of the Year award.

5. Peter Ebdon announces his retirement from professional snooker

Former World Snooker Champion Peter Ebdon has announced his retirement from professional snooker due to various neck and back injuries. He was the winner of 2002 World Snooker championship when he defeated Stephen Hendry in an 18-17 final thriller. He also ended as a runner up in the championship for the record two times in his professional career of 29 years.

6. Australia abolishes the use of saliva to shine ball under COVID-19 guidelines

Australia has abolished the use of saliva & sweat to shine ball under COVID-19 guidelines. Australian Institute of Sport (AIS) in consultation with doctors has come up with guidelines, banning the utilization of saliva and sweat to shine the ball.

Important takeaways for all competitive exams:

Important Days

7. International Firefighters’ Day observed on May 4

International Firefighters’ Day is observed globally on 4 May every year to recognise and honour the sacrifices that firefighters make to ensure that their communities and environment are as safe as possible.

Obituaries News

8. Judicial Member, Lokpal of India, Justice A.K. Tripathi passes away

Judicial Member, Lokpal of India, Justice Ajay Kumar Tripathi passed away after getting infected from novel Coronavirus. He took oath as a Judicial Member of Lokpal of India in March 2019 and played an instrumental role in establishing the Institution of Lokpal of India. He was a graduate in Economics (Hons) and studied law at Campus law Centre, Delhi University.

Miscellaneous News

9. Kashmir saffron receives GI tag from Geographical Indications Registry

Kashmir saffron has received the Geographical Indication (GI) tag from the Geographical Indications Registry. It is grown in some regions of Kashmir, including Srinagar, Pulwama, Budgam and Kishtwar. The application for the tag was filed by the Directorate of Agriculture, Government of Jammu and Kashmir, and facilitated by the Sher-e-Kashmir University of Agriculture Sciences and Technology, Kashmir, and Saffron Research Station, Dussu (Pampore).

Important takeaways for all competitive exams:

• Lt. Governors of Jammu and Kashmir: Girish Chandra Murmu.

10. “#HumHaarNahiMaanenge” song released by HDFC Bank 

HDFC Bank has released a song titled #HumHaarNahiMaanenge to keep hopes up amidst the ongoing national lockdown and Covid-19 pandemic. The lyrics of the song has been penned by Prasoon Joshi and music has been composed by AR Rahman. The bank has also announced the contribution of Rs 500 each time the song is shared via social media towards the PM-CARES Fund.

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Important takeaways for all competitive exams:

• Headquarters of HDFC Bank: Mumbai, Maharashtra.
• Managing Director of HDFC Bank: Aditya Puri.

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