17th August 2020 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam

Here is the daily GK update of 17th August 2020 covering the following news headlines: Ayush for Immunity, YellowChain, GoAir, eBikeGO, Shaurya KGC Card.

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 17th August 2020 to help you prepare the Current affairs part. After reading this section, you can successfully attempt Current Affairs Quiz.

National News

1. Ministry of AYUSH launches campaign “Ayush for Immunity”

• A campaign on “Ayush for Immunity” has been launched by the Ministry of AYUSH.
• The campaign was rolled out during a webinar which featured the participation of More than 50 thousand people.
• The webinar was streamed by the Ministry of AYUSH on its new digital communication platform Ayush Virtual Convention Centre (AVCC).
• Through the campaign “Ayush for Immunity”, Ministry of AYUSH aims to aware people about the valuable information about strengths of various Ayush-based solutions for enhancing immunity and preventing diseases.

Important takeaways for all competitive exams:

• Minister of State (I/C) for Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homoeopathy: Shripad Yesso Naik.

States in News

2. Nagaland Govt launches “YellowChain” centralized e-commerce platform

• Chief Minister of Nagaland, Neiphiu Rio has launched “Yellow Chain” a centralized e-commerce system to provide the people of the state integrated platform to build sustainable businesses either in products or services from their own locations for sustainable economic activity.
• Yellow Chain will act as an integrated platform for the people of the state, where any Seller/Service Provider/Individual/Group can register themselves and upload their products, trades, skills, services etc. to enable the citizens/buyers to have access to their Service or Product.

Important takeaways for all competitive exams:

• Chief Minister of Nagaland: Neiphiu Rio; Governor of Nagaland: R. N. Ravi.

Appointments

3. Kaushik Khona becomes new CEO of GoAir

• Kaushik Khona has been appointed as the Chief Executive Officer of GoAir Airline. He will replace Vinay Dube.
• GoAir is an Indian low-cost airline based in Mumbai, Maharashtra. It is owned by the Indian business conglomerate Wadia Group. Khona brings with himself more than 32 years of corporate experience and all at the CXO level.
• He was with the Wadia Group for almost 4 years from 2008 to 2011. He was the CEO of GoAir for two years, from April 2009.
• Khona was also Vice President, corporate finance and strategist for the Wadia Group. Before joining GoAir for his latest assignment, he worked as a partner to MTalati & Talati LLP, a leading the consulting, business reengineering and finance consulting practise at the firm.

Important takeaways for all competitive exams:

4. Harbhajan Singh becomes new Brand Ambassador of eBikeGO

• Amritsar based e-mobility start-up, eBikeGO has appointed Indian cricketer Harbhajan Singh as its brand ambassador.
• He will help the company to upgrade itself and will also have an active presence on the company’s website and campaigns across media.
• The company with this association and with the recently announced government’s new Electric Vehicle (EV) policy aims to build mass appeal, positive voice and widespread adoption for electric mobility thereby looking to capture 10% of electric two-wheeler market share by 2022.

Banking

5. HDFC Bank launches “Shaurya KGC Card” to members of armed forces

• HDFC Bank has launched “Shaurya KGC Card” for Indian armed forces personnel.
• The card will offer agriculture loans for military and paramilitary professionals.
• A first-of-its-kind product for over 45 lakh Indian armed forces personnel. The product will target 5 lakh military and paramilitary professionals, for catering to their family’s agricultural needs.
• This product comes with unique features and eligibility criteria specially crafted for the people who are posted far away from their homes.
• “Shaurya KGC Card” entails both short-term loans for cropping and also long-term ones for farm investments for a period of up to five years which will be reviewed at regular intervals.

Important takeaways for all competitive exams:

• Headquarters of HDFC Bank: Mumbai, Maharashtra.
• The tagline of HDFC Bank: We Understand Your World.

6. PNB launches ‘DIGITAL APNAYEN’ campaign to promote digital banking

• Punjab National Bank has launched a campaign named ‘DIGITAL APNAYEN’ to encourage customers to use digital banking channels.
• The campaign launched by the bank’s Managing Director S S Mallikarjuna Rao on the occasion of Independence Day is till March 31, 2021.
• PNB encourage customers to use digital channels and participate in the noble cause of donating to the PM CARES Fund for COVID-19.
• PNB will contribute Rs 5 towards the PM CARES Fund on behalf of each customer conducting the first financial transaction to activate their RuPay Debit card either on point of sale (PoS) or e-commerce platform, under the campaign ‘DIGITAL APNAYEN’.
• PNB aimed at the financial and digital inclusion of millions of Indians, for making banking services universally accessible to all.

Important takeaways for all competitive exams:

• PNB Headquarters: New Delhi.
• PNB Founded: 19 May 1894, Lahore, Pakistan.
• PNB Founders: Lala Lajpat Rai, Dyal Singh Majithia.

Summits and Conferences

7. 4th Meeting of the BRICS Anti-Drug Working Group

• Russia chaired the 4th Meeting of the BRICS Anti-Drug Working Group.
• The session which was held over video conference, featured the participation of delegates from Brazil, Russia, China, South Africa and India.
• Rakesh Asthana, Director General, Narcotics Control Bureau led the Indian delegation that participated in the meeting.

Sports News

8. Kiren Rijiju launches initiative “Fit India Youth Clubs”

• “Fit India Youth Club” initiative has been launched by the Union Minister of Youth and Sports, Kiren Rijiju. Fit India Youth Club is an nation-wide initiative which has been launched to promote fitness among every citizen.
• The program envisages to utilize the power of youth to create mass awareness about the relevance of fitness, across the nation.
• Under this program, Nehru Yuva Kendra Sangathan and National Service Scheme, Scouts and Guides, NCC and other youth organisations will register as Fit India Youth Clubs in every block in the country, hence Fit India Youth Clubs will unite fitness and voluntarism in a unique manner.
• Each member of the Fit India Youth Club will encourage people to perform fitness activities of 30 to 60 minutes in his or her daily routine. Fit India Freedom Run will be promoted by the Fit India Youth Clubs as one of its first initiatives.

Obituaries News

9. Former Indian cricketer Chetan Chauhan passes away

• Former Indian cricketer and Uttar Pradesh minister, Chetan Chauhan passed away.
• He played 40 Tests matches for India, during his 12-year-long cricket career, scoring 2084 runs with 16 half-centuries and two wickets.
• Chetan Chauhan was honoured with the Arjuna Award in 1981. He played Ranji Trophy for Maharashtra and Delhi.
• He was Minister for youth and sports in the state of Uttar Pradesh Cabinet in 2018 and has also served as Minister of Sainik Welfare, Home Guards, PRD and Civil Security in the UP Cabinet.

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