18th December 2020 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam

Here is the Daily GK Update of 18th December 2020 covering the following news headlines: WADA, Boris Johnson, Pareshram, Canara Bank, India-Indonesia CORPATs, 2020 FIFA awards.

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 18th December 2020 to help you prepare the Current affairs part. After reading this section, you can successfully attempt Current Affairs Quiz.

National News

1. India pledges USD 1 million to WADA to support Clean Sport

• India has pledged a sum of USD 1 million to the World Anti-Doping Agency (WADA), towards its scientific research budget, to ensure an atmosphere of Clean Sport globally.
• The contribution made by India is the highest among contributions made by other world governments, including China, Saudi Arabia and Egypt. This contribution is over and above the annual contribution made to WADA’s core budget by India.
• The sum will be used by WADA to develop innovative anti-doping testing and detection methods, and further strengthen WADA’s independent Investigations and Intelligence Department.
• The total contribution of all member nations will be matched by an equal sum by the International Olympic Committee (IOC) to create a corpus of USD 10 million.

Important takeaways for all competitive exams:

• President of WADA: Sir Craig Reedie; Headquarters: Montreal, Canada.
• Founded: 10 November 1999.

2. Boris Johnson invites PM Modi to UK-Led G-7 Summit

• United Kingdom Prime Minister, Boris Johnson has invited Prime Minister Narendra Modi to join the UK-hosted G-7 summit 2021.
• UK Prime Minister Johnson has also accepted the very generous invitation to attend India’s Republic Day celebrations in January. PM Johnson will attend India’s annual Republic Day parade in New Delhi.

State News

3. Odisha CM Naveen Patnaik launched ‘Pareshram’ Portal

Banking News

4. Canara Bank unveils “FX 4 U” for forex remittance via Internet Banking

• Canara Bank has launched FX 4 U that enables its entire internet banking users to handle forex transactions hasslefree.
• FX 4 U is used for forex remittance through internet banking. With this development, eligible customers will be able to undertake a remittance facility in adherence to the FEMA regulations 1999.
• Once the letter of credit (LC) module is activated, the corporate customers can make and submit LC applications with documents through internet banking.

Important takeaways for all competitive exams:

• Syndicate Bank was amalgamated into Canara Bank on April 2020.
• Canara Bank Founded: July 1906 by Shri Ammembal Subba Rao Pai.
• Canara Bank Tagline: Together We Can.
• Canara Bank MD & CEO: L V Prabhakar.
• Canara Bank Headquarters: Bangalore, Karnataka.

Defence News

5. 35th edition of India-Indonesia CORPATs

• The 35th edition of India-Indonesia Coordinated Patrol (IND-INDO CORPAT) between the Indian Navy and the Indonesian Navy is being conducted from 17 to 18 December 2020.
• The 35th IND – INDO CORPAT will contribute towards the Indian Navy’s efforts to consolidate inter-operability and forge strong bonds of friendship across the Indo Pacific.
• Indian Naval Ship (INS) Kulish, an indigenously built missile corvette along with P8I Maritime Patrol Aircraft (MPA) will undertake coordinated patrol with Indonesian Naval Ship KRI Cut Nyak Dien, a Kapitan Pattimura (Parchim I) class corvette and an MPA of the Indonesian Navy.

Important takeaways for all competitive exams:

• Chief of Naval Staff: Admiral Karambir Singh.
• Indian Navy Founded: 26 January 1950

Agreements News

6. PM Modi holds virtual summit with Sheikh Hasina

• The Government of India and Bangladesh held a virtual summit to hold comprehensive discussions on the entire spectrum of the bilateral relationship, including further strengthening cooperation in the post-COVID-19 era.
• The meeting was led by Prime Minister Narendra Modi and his Bangladesh counterpart Sheikh Hasina.
• The two leaders jointly inaugurated the Chilahati-Haldibari rail link, which would connect the borders of the two neighbouring countries.
• Both the leaders also digitally inaugurated the digital exhibition in the honour of Mahatma Gandhi and Bangabandhu Sheikh Mujibur Rehman.

Important takeaways for all competitive exams: 

• Prime Minister of Bangladesh: Sheikh Hasina; Capital: Dhaka; Currency: Taka.

Awards News

7. Robert Lewandowski and Lucy Bronze win best of 2020 FIFA awards

• The Bayern Munich striker, Robert Lewandowski has been named The Best FIFA Men’s Player 2020, beating off competition from last year’s winner Lionel Messi and Cristiano Ronaldo.
• The 32-year-old Lewandowski, top scorer in Europe and winner of the Champions League with Bayern. Manchester City full-back, Lucy Bronze won the women’s best player award, becoming the first female English player to take the prize.

Important Days

8. International Migrants Day is celebrated on 18 December

• The International Migrants Day is observed globally on 18 December every year. In December 2000, the UN General Assembly proclaimed 18 December as International Migrants Day after considering the large and increasing number of migrants in the world.
• The theme of International Migrants Day 2020 is ‘Reimagining Human Mobility’.
• The day marks the anniversary of the adoption of the International Convention on the Protection of the Rights of All Migrant Workers and Members of Their Families, which was adopted by the United Nations (UN) on 18 December 1990.

9. Arabic Language Day observed globally on 18 December

• UN Arabic Language Day is observed annually on December 18 every year. The day was established by the UN Educational, Scientific and Cultural Organization (UNESCO) in 2010 to celebrate multilingualism and cultural diversity as well as to promote equal use of all six of its official languages throughout the Organization.
• December 18 was chosen as the date for the Arabic language as it is “the day in 1973 when the General Assembly approved Arabic as an official UN language “.

Important takeaways for all competitive exams:

• UNESCO headquarters: Paris, France.
• UNESCO Head: Audrey Azoulay.
• UNESCO Founded: 16 November 1945.

Miscellaneous News

10. Nehru Zoological Park Hyderabad gets ISO certifications

• Nehru Zoological Park, Hyderabad, with its standard working procedures, has acquired ISO 9001:2015 Quality Management Standards Certification from ASCB, UK.
• The Hyderabad Zoo has become the first zoo in the country to receive ISO 9001:2015 Quality Management Standards Certificate. This was presented to Telangana Forests Minister A. Indra Karan Reddy.

11. NHAI chairman Sukhbir Singh Sandhu gets six months extension

• Sukhbir Singh Sandhu has been given six months extension as the chairman of the National Highways Authority of India (NHAI).
• The Appointments Committee of the Cabinet has approved the extension in central deputation tenure of Sandhu, chairman, NHAI, Ministry of Road Transport and Highways, for a period of six months beyond January 21, 2021, i.e. up to July 21, 2021. Sandhu is a 1988-batch IAS officer of Uttarakhand cadre.

Important takeaways for all competitive exams:

• National Highways Authority of India Founded: 1988.
• National Highways Authority of India Headquarters: New Delhi.

Check More GK Updates Here

18th December Current Affairs 2020 | Current Affairs Today | Daily Current Affairs 2020

Click Here to Register for Bank Exams 2020 Preparation Material

Visit Achieversadda.com and participate in discussions with other aspirants and achievers. Get answers to your queries and connect with others on Achieversadda.com

All the Best BA’ians for SBI PO Prelims!