12th September 2020 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam

Here is the daily GK update of 12th September 2020 covering the following news headlines: Piggery Mission, Moody, UNICEF, Aero India-21, Global Economic Freedom Index, World First Aid Day.

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 12th September 2020 to help you prepare the Current affairs part. After reading this section, you can successfully attempt Current Affairs Quiz.

States News

1. Meghalaya launched India’s largest “Piggery Mission”

• The state government of Meghalaya has launched India’s Biggest “Piggery Mission” with an outlay of Rs 209 Crores.
• It is being launched under the aegis of Meghalaya Livestock Enterprises Advancement Society (MLEADS) and funded by the National Cooperative Development Corporation (NCDC).
• The main objective of the Piggery Mission is to reduce the annual import of Pork worth Rs 150 Crore and make Meghalaya self-sufficient (“Aatma Nirbhar”) in pork production over the next 3 years.

Important takeaways for all competitive exams:

• Meghalaya Chief Minister: Conrad Sangma.
• Meghalaya Governor: Satya Pal Malik.
• Meghalaya Capital: Shillong.

Economy News

2. Moody’s forecasts India’s GDP at -11.5% for FY21

• The rating agency, Moody’s has projected the GDP growth rate for India to contract 11.5 per cent in fiscal 2020-21 (FY21) due to the coronavirus pandemic.
• For 2021-22 (FY22), Moody’s projected the economy of India to grow at 10.6 per cent.

Appointments

3. UNICEF appoints Ayushmann Khurrana for children’s rights campaign

• United Nations Children’s Fund (UNICEF) has appointed Bollywood Actor Ayushmann Khurrana as its celebrity advocate for children’s rights campaign, ”For Every Child”.
• He will work towards this initiative in India. He will support UNICEF to end violence against children, especially in the present situation COVID-19 is increasing the risk of violence and abuse against children due to the extended lockdown and the socio-economic impacts of the pandemic.

Important takeaways for all competitive exams:

• UNICEF Headquarters: New York, United States of America.
• UNICEF Executive Director: Henrietta H. Fore.

Defence News

4. 13th Aero India-21 to be held in Bengaluru in Feb 2021

• The 13th edition of Aero India-21 is scheduled to be held at Air Force Station, Yelahanka, Bengaluru, Karnataka from 3 to 07 February 2021.
• Raksha Mantri, Shri Rajnath Singh has launched the website for Aero India 2021. Aero India is Asia’s largest air show and aviation exhibition held biennially in Bengaluru since 1996.
• The website can be accessed at aeroindia.gov.in.

Ranks and Reports

5. India ranked 105th position in Global Economic Freedom Index 2020

• India has been ranked 105th position “Global Economic Freedom Index 2020 Annual Report” by Canada’s Fraser Institute, which has been released in India in conjunction with Center for Civil Society, New Delhi-based think tank.
• This is the 24th edition of Economic Freedom of the World.
• The Rankings were based on 2018 data and many new restrictions on international trade, tightening of the credit market due to Non-Performing Assets (NPAs) and COVID-19’s impact on debt and deficits did not reflect in India’s score. The Report has been divided into 4 Quartiles based on the rankings.

Important takeaways for all competitive exams:

• Fraser Institute Chairman: Peter Brown.
• Fraser Institute Headquarters: Vancouver, Canada.
• Centre for Civil Society President: Partha J Shah.
• Centre for Civil Society Headquarters: New Delhi.

Important Days

6. International Day for South-South Cooperation: 12 September

• International Day for South-South Cooperation is observed globally on 12th September every year.
• The day celebrates the economic, social and political developments made in recent years by regions and countries in the south. It also highlights the UN’s efforts to work on technical cooperation among developing countries.

7. World First Aid Day 2020: 12 September

• The World First Aid Day is observed on the second Saturday of September every year to create awareness about the importance of first aid in preventing injuries and saving lives.
• The World First Aid Day 2020 is being observed on 12 September.
• The day was started by the International Federation of Red Cross and Red Crescent Societies (IFRC) in 2000 to educate people in the world of the benefits of first aid, need of first aid and the right way to do first aid.

Obituaries News

7. British Actress Diana Rigg passes away

• British Actress who was popularly known for her recent role as Olenna Tyrell in the Game of Thrones series, Dame Diana Rigg passed away.
• She made her debut at the Royal Shakespeare Company in 1959. She starred alongside Partick Macnee in The Avengers (1965) as a secret agent Emma Peel.

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