23rd July 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam

• U GRO Capital, a non-bank financier, and state-owned Bank of Baroda have partnered for co-lending to the micro, small and medium enterprise (MSME) sector.
• Under the co-lending programme Pratham, Bank of Baroda and U GRO will together disburse loans worth Rs 1,000 crore to MSMEs.
• The aim is to dispense the entire amount by the end of this financial year. The loan amount ranges from ₹50 lakh to ₹2.5 crores to be offered at an interest rate starting from 8% with a maximum tenure of 120 months.
• The programme is accessible to MSMEs across U GRO’s over 200 channel touchpoints around nine locations in Delhi, Jaipur, Ahmedabad, Pune, Mumbai, Bengaluru, Chennai, Hyderabad, and Kolkata.

Important takeaways for all competitive exams:

• Bank Of Baroda Headquarters: Vadodara, Gujarat, India;
• Bank Of Baroda Chairman: Hasmukh Adhia;
• Bank Of Baroda MD & CEO: Sanjiv Chadha;
• U GRO Capital’s Managing Director: Shachindra Nath.

3. Dvara E-Dairy partners with IFFCO Tokio General Insurance for AI-led tag

• Dvara E-Dairy Solutions, a portfolio company of Dvara Holdings has launched an artificial intelligence (AI) led digital tag ‘Surabhi e-Tag’ to identify cattle based on muzzle identity.
• This will be used for cattle insurance products offered in partnership with IFFCO Tokio General Insurance.
• Muzzle images of the cattle are collected through the Surabhi mobile application and stored in hi-resolution images as a unique digital identity.
• The artificial intelligence-driven mobile application of Dvara E-Dairy captures muzzle images with the mobile phone, compares the cattle’s unique digital identity stored in a secured cloud server and retrieves the results in less than 60 seconds.
• Conventional methods like polyurethane ear tags (PU ear tags) can be easily tampered with and are prone to duplication and fraud.
• Also, Injectable Radio Frequency Identification (RFID) tags are considered expensive and require specialized skills.
• On the other hand, muzzle printing or nose printing is a unique identifier because it perceives patchy traits on the muzzle of cattle, just like human fingerprints.

Important takeaways for all competitive exams:

Awards News

4. Sandesh Jhingan named AIFF men’s Footballer of Year

• Senior India defender, Sandesh Jhingan was named the AIFF men’s Footballer of the Year 2020-21 season.
• It is the first time that the towering central defender has received the AIFF Player of the Year award, having won the Emerging Player of the Year Award in 2014.
• While midfielder Suresh Singh Wangjam was picked as the Emerging Player for the year award for 2020-21.
• The 20-year-old Suresh, who made his Blue Tigers debut earlier this year against Oman, was part of the Indian side that competed at the FIFA U-17 World Cup in 2017.

Important takeaways for all competitive exams:

• All India Football Federation President: Praful Patel.
• All India Football Federation Founded: 23 June 1937.
• All India Football Federation Headquarters: Dwarka, Delhi.

Sports News

5. Madhya Pradesh Para Shooter Rubina Francis bags gold at Peru event

• Madhya Pradesh shooter, Rubina Francis has set a world record at the ongoing Para Sport Cup in Peru.
• She has won gold in the 10-meter air pistol para-event for women. Scoring 238.1 points, she went past the world record of Aysegul Pehlivanlar of Turkey. This win also secured her the quota for India at the Tokyo Summer Paralympics 2020.
• Over the years, she has earned more than 15 medals from national and international events.
• Presently, Rubina is training under the guidance of Jaspal Rana, former shooter and coach of the Junior Indian Pistol Shooting Team.

Books and Authors News

6. A book title ‘Bank With A Soul: Equitas’ by Dr. C K Garyali

• Former RBI Governor, Duvvuri Subbarao has unveiled a book ‘Bank With A Soul: Equitas’ authored by Dr. C K Garyali.
• Dr. Garyali is a founder trustee of EDIT (Equitas Development Initiative Trust) and the book chronicles the journey of Equitas and EDIT in transforming the lives of women with frequent social reform initiatives helping them set up micro-enterprises.

Important Days

9. World Brain Day: July 22

• The World Federation of Neurology (WFN) celebrates World Brain Day on every July 22, focusing on a different theme each year.
• Many public awareness programs and educational & social media activities are promoting the movement to stop multiple sclerosis, commencing July 22, 2021, & continuing until October 2022. The theme for this World Brain Day is “Stop Multiple Sclerosis”.
• World Brain Day advocates early diagnosis of this condition that can help improve the quality of life of the patient.

10. National Broadcasting Day celebrated on 23rd July

• National Broadcasting Day is observed on 23rd July every year, to celebrate the radio, which has been an important part of people’s life in India, both as an easy medium of entertainment along with the news.
• On this day in 1927, the first-ever radio broadcast in the country went on the air from the Bombay Station under the Indian Broadcasting Company.
• The first radio broadcast was made on July 23, 1927, from Bombay Station. The station was then owned by a private company called the Indian Broadcasting Company.
• The Government took over the broadcasting on April 1, 1930, and renamed it as Indian State Broadcasting Service (ISBS).
• It was initially on an experimental basis. Later it permanently came under government control in 1932.
• On 8th of June, 1936, the Indian State Broadcasting Service became All India Radio. Currently, AIR is one of the largest public broadcasting organizations in the world.