07th May 2020 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam

Table of Contents

Here is the daily GK update of 07th May 2020 covering the following news headlines: IIT Alumni, NITI Aayog, Iraq, Ayush Kavach-Covid, RBI Central Board.

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 07th May 2020 to help you prepare the Current affairs part. After reading this section, you can successfully attempt Current Affairs Quiz.

National News

1. IIT Alumni council launches “COVID-19 test bus”

The Indian Institute of Technology(IIT) Alumni Council has launched a “COVID-19 test bus” in Mumbai, Maharashtra. The COVID-19 Testing bus will reduce 80% of the testing cost without compromising on the testing capacity.

Important takeaways for all competitive exams:

Pan IIT Alumni India is an organisation representing alumni of all IIT.
Pan IIT Alumni Headquarters: IIT Delhi, New Delhi.
Chairman of IIT Alumni: Ramnath S Mani.

2. NITI Aayog launches ‘Surakshit Dada-Dadi & Nana-Nani Abhiyan’

NITI Aayog has virtually launched a campaign in association with Piramal Foundation to protect senior citizens during COVID-19. The campaign has been titled as “Surakshit Dada-Dadi & Nana-Nani Abhiyan”. This newly launched campaign aims to ensure the well-being of senior citizens during the COVID-19 pandemic.

Important takeaways for all competitive exams:

Vice Chairman of NITI Aayog: Rajiv Kumar.
Chief Executive Officer of NITI Aayog: Amitabh Kant.

International News

3. Mustafa Al Kadhimi becomes new Prime Minister of Iraq

Former intelligence chief of Iraq Mustafa al-Kadhimi becomes new Iraqi prime minister. Former PM Adil-Abdul Mahdi resigned in November last year. The Iraqi parliament approved Kadhimi’s government at an emergency session. He will begin his term without a full cabinet, however, after several ministerial candidates were rejected. He is serving as the head of Iraq’s National Intelligence Service (NIS) from 2016.

Important takeaways for all competitive exams:

Capital of Iraq: Baghdad.
The currency of Iraq: Iraqi dinar.

State News

4. UP govt launches ‘Ayush Kavach-Covid’ App

Uttar Pradesh government has launched ‘Ayush Kavach-COVID’ app to help people get health remedies which can be useful in the fight against COVID-19. The app has been developed by AYUSH ministry.

Important takeaways for all competitive exams:

Chief Minister of Uttar Pradesh: Yogi Adityanath.
Governor of Uttar Pradesh: Anandiben Patel.

5. HP govt to starts ‘Nigah’ to educate family members of migrant returnees

Himachal Pradesh state government plans to launch a new programme ‘Nigah’. In this programme, the state government educate the family members of the people coming to the state from other parts of the country.

Important takeaways for all competitive exams:

Chief Minister(CM) of Himachal Pradesh: Jai Ram Thakur.
Governor of Himachal Pradesh: Bandaru Dattatreya.

Appointments News

6. Tarun Bajaj becomes new director on RBI Central Board

Economic Affairs Secretary, Tarun Bajaj becomes new director on Central Board of the Reserve Bank of India(RBI). His appointment is confirmed by the Government of India. He is a 1988 batch Indian Administration Service(IAS) officer. He will replace Atanu Chakraborty, who retired on April 30.

Important takeaways for all competitive exams:

Headquarters of RBI: Mumbai, Maharashtra.
Governor of RBI: Shaktikanta Das.

7. DPS Negi takes charge as Director General to Labour Bureau

Indian Economic Services officer, DPS Negi took charge as Director-General of Labour Bureau in the Ministry of Labour and Employment. Besides this, Negi also assumed charge as Senior Labour & Employment Advisor of the ministry. He is an Indian Economic Services (IES) officer of the 1985 batch. Prior to this new assignment, Negi served as Advisor Finance (MSME).

Important takeaways for all competitive exams:

Ministry of Labour and Employment Headquarters: New Delhi.
Minister of State (IC) of the Ministry of Labour and Employment: Santosh Gangwar.

8. Adhir Ranjan Chowdhury reappointed PAC chairperson

Adhir Ranjan Chowdhury, Congress leader in Lok Sabha has been reappointed as chairperson of the Parliament’s public accounts committee (PAC). He was reappointed the chairman of the committee by Lok Sabha Speaker Om Birla.

Agreements

9. PNB Housing Finance partners with IIT Delhi for reusable PPE

An Memorandum of Understanding (MoU) has been signed by the PNB Housing Finance with Indian Institute of Technology, Delhi in order to support Research & Development for reusable Personal Protective Equipment (PPE) to be supplied to government hospitals. The MoU aims to enhance the research and development (R&D) of a unique prototype material to be employed in making affordable, sustainable and reusable PPE surgical gowns and masks. These sustainable PPE surgical gowns and masks would be supplied to notable government hospitals.

Important takeaways for all competitive exams:

CEO of PNB Housing Finance Limited: Neeraj Vyas.

Science and Technology

10. IIT Kanpur & Bharat Dynamics Limited ink pact to make affordable ventilators

A defence public sector undertaking, Bharat Dynamics Ltd. (BDL), ink pact with IIT Kanpur to make large-scale ventilators developed by NOCCA Robotics(incubated start-up of IIT Kanpur).

Important takeaways for all competitive exams:

Head Office of Bharat Dynamics: Hyderabad, Telangana.
Chairman & Managing Director(MD) of Bharat Dynamics: Siddharth Mishra.

Books and Authors

11. A book titled Vijyant at Kargil: The Life of a Kargil War Hero, released

The book titled ‘Vijyant at Kargil: The Life of a Kargil Hero’ has been released. This book is a biography of Vir Chakra awardee(posthumously) Captain Vijyant Thapar. This book is authored by Vijyant’s father Colonel VN Thapar and writer Neha Dwivedi, a martyr’s daughter. This book shows the journey of Vijyant Thapar to join the Indian Military Academy and the experiences that shaped him into a fine officer.

Important Days

12. World Athletics Day 2020 observed globally on 7 May

The World Athletics Day-2020 is observed on the 7 May. The date is subject to adjustment, the date of World Athletics Day is decided by the IAAF, however, the month stays the same as May. The first World Athletics Day was observed in 1996. The basic objective of World Athletics Day is to boost the participation of youths in athletics.

Important takeaways for all competitive exams:

The headquarters of IAAF is located in Monaco.
President of IAAF: Sebastian Coe.
IAAF was founded in Sweden in 1912.

13. Vesak Day 2020 observed globally on 7 May

Vesak Day 2020 is observed globally on 7 May. Vesak, the Day of Full Moon is the most sacred day to the Buddhists all over the world. On this day, Lord Gautham Buddha attained enlightenment. The Day is commemorated by the United Nations every year.

Miscellaneous

14. Gurudev:Journey of the Maestro through his visual vocabulary

The National Gallery of Modern Art has organised a virtual tour to commemorate the 159th birth anniversary of Gurudev Rabindranath Tagore. The Virtual Tour has been titled as “Gurudev: Journey of the Maestro through his visual vocabulary”. The virtual tour will give opportunity to have a glimpse of 102 artworks created by versatile genius.

Important takeaways for all competitive exams: