Dear Aspirants,
The General Awareness Section plays an important role in scoring well above cut off marks in any competitive exam. The Banking Awareness and Static Awareness questions asked in the General Awareness Section are based on Current Affairs mainly. So you need to prepare well this section to score good marks. Here is the Daily GK Update to get you acquainted with the top events that made the headlines today!
International News
1. LSE Names A Professorship After Economist Amartya Sen
i. The London School of Economics and Political Science (LSE) has announced the creation of the Amartya Sen Chair in Inequality Studies, named in honour of the India-born economist, philosopher, and Nobel laureate, who was Professor of Economics at LSE from 1971-82.
ii. Called the “Amartya Sen Chair in Inequality Studies,” its holder will also serve as Director of the LSE International Inequalities Institute, which facilitates interdisciplinary work on subjects related to inequality.
Static/Current Takeaways Important for LIC AAO Exam:
- Amartya Sen won the Nobel Prize in Economics in 1998, Bharat Ratna in 1999 and National Humanities Medal in 2012.
Agreements
2. Network Intelligence Inks MoU With BSE To Provide Cyber Security Services
i. BSE has entered a Memorandum of Understanding (MoU) with Network Intelligence, to provide cybersecurity services to its members in line with the cybersecurity framework set by SEBI.
ii. Network Intelligence will be using its own developed platform BlueScope to offer 24×7 cybersecurity operations to the members.
Static/Current Takeaways Important for LIC AAO Exam:
- BSE CEO: Shri Ashish Kumar Chauhan.
- Founder & CEO of Network Intelligence: K K Mookhey.
3. Ministry Of Ayush Inked MoU With CSIR
i. The Ministry of AYUSH inked a Memorandum of Understanding (MoU) with Council of Scientific and Industrial Research (CSIR) for cooperation in research and education in areas of traditional systems of medicine and its integration with modern science.
ii. Earlier, CSIR and Ayush Ministry jointly developed the Traditional Knowledge Digital Library (TKDL) which prevents bio-piracy and misappropriation of traditional knowledge.
Static/Current Takeaways Important for LIC AAO Exam:
- CSIR Headquarter: New Delhi, Director General: Shekhar C. Mande.
- Union Minister of State (IC) in the Ministry of AYUSH: Shripad Naik.
Business News
4. SBI General Insurance Launches Cyber Defence Insurance For Businesses
i. SBI General Insurance has launched a product – cyber defence insurance to protect businesses from financial and reputational losses due to cyber attacks.
ii. It is designed to protect against major insurable cyber exposures like hacking attacks, identity theft, disclosure of sensitive information and business interruption.
Static/Current Takeaways Important for LIC AAO Exam:
- MD & CEO of SBI General Insurance: Pushan Mahapatra.
5: Bajaj Allianz Launches Total Health Secure Goal Plan
i. Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance in collaboration launched their first product ‘Total Health Secure Goal’.
ii. The new insurance product is a combination of two existing plans – Health Guard policy by Bajaj Allianz General Insurance, and iSecure from Bajaj Allianz Life Insurance.
Static/Current Takeaways Important for LIC AAO Exam:
- MD & CEO, Bajaj Allianz General Insurance: Tapan Singhel.
- MD & CEO of Bajaj Allianz Life Insurance: Tarun Chugh.
Ranks and Reports
6. Cancer Preparedness Index 2019 Released, India Ranks 19th
i. India was ranked 19th out of 28 countries in the Index of Cancer Preparedness (ICP) released by the Economist Intelligence Unit (EIU).
ii. It was released as part of the report titled “Cancer preparedness around the world: National readiness for a global epidemic” prepared by EIU.
Static/Current Takeaways Important for LIC AAO Exam:
- Top 3 countries are Australia (1st), Netherlands (2nd) and Germany (3rd).
- Bottom three are Saudi Arabia (28th), Romania (27th) and Egypt (26th).
Sports News
7. Fabio Fognini Becomes First Italian To Claim ATP Masters 1000 Title
i. Fabio Fognini became the first Italian to win an ATP Masters 1000 title at the Rolex Monte-Carlo Masters. He defeated Dusan Lajovic.
ii. The Italian defeated World No. 3 Alexander Zverev to reach the quarter-finals and stunned 11-time champion Rafael Nadal in the last four.
Static/Current Takeaways Important for LIC AAO Exam:
- Italy Capital: Rome, Currency: Euro.
Important days
8. World Book Day: 23 April
i. World Book Day is celebrated every year on 23 April. It is also known as World Book and Copyright Day, or International Day of the Book. It is organized by UNESCO to promote reading, publishing, and copyright.
ii. It was first celebrated on 23 April 1995. For the year 2019, Sharjah, UAE has been declared as the World Book Capital. It will be preceded by Kuala Lumpur, Malaysia in the year 2020.
Static/Current Takeaways Important for LIC AAO Exam:
- UNESCO Headquarters- Paris, France.
Obituaries
9. S Muthiah, chronicler of Madras, Passes Away
i. Chennai’s famed chronicler, cartographer, and journalist S. Muthiah, 89, passed away due to age-related ailments.
ii. He was awarded the Most Excellent Order of the British Empire in 2002 for his accomplishments.
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