14th August 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam

Here is the Daily GK Update of 14th August 2021 covering the following news headlines: Tokyo Paralympic Games, IDFC FIRST bank, SEACAT exercises, IBSA Tourism Ministers, Shanghai Cooperation Organization.

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 is held all day long. One should have complete knowledge about banking terms, current affairs news, etc. So, here is the GK update of 14th August 2021 to help you prepare the Current affairs part. After reading this section, you can successfully attempt Current Affairs Quiz.

Top 11 Daily GK Updates: National & International News

Here is providing below the top 11 important Daily General Knowledge GK 2021 updates with national & international news

International News

1. Pakistan successfully test-fires nuclear-capable ballistic missile Ghaznavi

• The Pakistan Army successfully test-fired a nuclear-capable surface-to-surface ballistic missile Ghaznavi.
• The Ghaznavi missile can strike targets up to 290 kilometres and is capable of carrying both nuclear as well as conventional warheads.
• The training launch was aimed at ensuring the operational readiness of Army Strategic Forces Command (ASFC) and re-validating technical parameters of the weapon system.

Important takeaways for all competitive exams:

• President of Pakistan: Arif Alvi.
• Prime Minister of Pakistan: Imran Khan.

Agreements News

2. Indian Navy, IDFC FIRST bank bring ‘Honour FIRST’ banking solutions

• The Indian Navy has inked a Memorandum of Understanding (MoU) with the Infrastructure Development Finance Company (IDFC) First Bank to initiate ‘Honour FIRST’.
• ‘Honour FIRST’ is a premium banking solution for serving personnel and veterans of the Indian Navy. Designed especially keeping in mind the needs of the Armed Forces and its veterans, the Honour FIRST Defence Account is supported by a dedicated team of defence veterans.
• The MoU for Honour FIRST was signed at the Naval Headquarters in New Delhi between Commodore Neeraj Malhotra, Commodore – Pay and Allowances, Indian Navy and IDFC FIRST Bank’s senior officials.

Important takeaways for all competitive exams:

• IDFC First Bank Establishment: 2018;
• IDFC First Bank MD & CEO: V. Vaidyanathan;
• IDFC First Bank Headquarters; Mumbai, Maharashtra.

Defence News

3. Indian Navy takes part in US Navy-led multinational SEACAT exercises

• The Indian Navy participated in the U.S. Navy-led Southeast Asia Cooperation and Training (SEACAT) military exercise in Singapore, to demonstrate its maritime manoeuvres.
• The main objective of SEACAT 2021 was to enhance the interoperability and shared maritime security concerns and preserve rules-based international order. The exercise comprised approximately 400 personnel and 10 ships.
• The 20th edition of the exercise was organised by the U.S. Navy, in Hybrid format, and included 20 other partner nations from the Indo-Pacific region, including India.
• SEACAT was held for the first time in 2002. The exercise aims to foster enhanced cooperation between Southeast Asian countries by incorporating standardized training, tactics and procedures when faced with crises, contingencies or illegal activities in the maritime domain.

Summits and Conferences News

4. India organises the IBSA Tourism Ministers’ Meet Virtually

• India organized the IBSA (India, Brazil and South Africa) Tourism Ministers’ meeting through the virtual platform. The Union Minister of Tourism of India, Shri G. Kishan Reddy, chaired the meeting.
• The Minister of Tourism of the Federative Republic of Brazil, Gilson Machado Neto and the Deputy Minister of Tourism of the Republic of South Africa, Fish Amos Mahlalela, attended videoconferencing under India’s IBSA Chairship.
• The meeting provided a platform to promote tourism cooperation among the member states and recognized the importance of strengthening cooperation in tourism to overcome the impact of the Covid 19 pandemic on the tourism sector.
• The meeting ended with the adoption of the IBSA Tourism Ministers Joint Statement- a document on cooperation and promotion for the speedy recovery of travel and tourism.

5. Narendra Singh Tomar addresses 6th SCO Meet of Agriculture Ministers

• The Union Minister of Agriculture and Farmers Welfare, Narendra Singh Tomar has addressed the 6th meeting of Agriculture Ministers of the member countries of the Shanghai Cooperation Organization (SCO), through videoconferencing. The meeting was organized under the chairmanship of Tajikistan in Dushanbe.
• During the meeting, Narendra Singh Tomar highlighted the taking several steps being taken by the Government of India to develop innovative technologies and their dissemination from Lab to Land to empower rural youth, farmers and farm women.
• Apart from Tomar, Union Minister of State for Agriculture and Farmers Welfare Shobha Karandlaje also attended the meet.

Business News

6. HCL Technologies becomes 4th IT firm to hit Rs 3 trillion market-cap

• HCL Technologies’ market capitalisation (market-cap) touched Rs 3 trillion for the first time. HCL becoming the fourth Indian information technology (IT) firm to achieve this milestone after Tata Consultancy Services (TCS), Infosys and Wipro.
• Shares of HCL Tech hit a fresh record high of Rs 1,118.55, up 2 per cent on the BSE in intra-day trade, surpassing its previous high of Rs 1,101 touched on 12th Aug in intra-day deal.
• HCL Tech is the third-largest Indian IT services company by revenue, after TCS and Infosys.
• The company has a strong globally diversified presence and provides comprehensive IT services to an established customer base. It has strong expertise in engineering and R&D services and its end customers are spread across industry segments.

Important takeaways for all competitive exams: