25th August 2020 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam

Here is the daily GK update of 25th August 2020 covering the following news headlines: Gaofen-9, AIIB, DRDO, India Pavilion, MY IAF, Swachhta Hi Seva award.

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 25th August 2020 to help you prepare the Current affairs part. After reading this section, you can successfully attempt Current Affairs Quiz.

International News

1. China launches 5th Gaofen-9 series Earth observation satellite

• China has successfully launched 5th Earth observation satellite, Gaofen-9 (05), from the Jiuquan Satellite Launch Center in northwest China.
• The satellite, sent into orbit by a Long March-2D carrier rocket, is an optical remote-sensing satellite with a resolution up to the sub-meter level.
• This launch was the 343rd mission of the Long March rocket series and the 23rd for China in 2020.
• Gaofen-9 (05) is an optical remote sensing satellite developed by Aerospace Dongfanghong Satellite Co.Ltd, part of China Academy of Space Technology (CAST), a subsidiary of China Aerospace Science and Technology Corporation (CASC).

Important takeaways for all competitive exams:

• China Capital: Beijing.
• China Currency: Renminbi.
• China President: Xi Jinping.

Banking & Business News

2. GoI and AIIB sign MoU for $500 million for Mumbai Urban Transport Project-III

• The Government of India, the Government of Maharashtra, Mumbai Railway Vikas Corporation and the Asian Infrastructure Investment Bank (AIIB) has signed a loan agreement for a $500 million Mumbai Urban Transport Project-III.
• The aim of the project is to improve the network capacity, service quality and safety of the suburban railway system in Mumbai. With a population of 22.8 million (2011), Mumbai Metropolitan Region (MMR) is the most populous metropolitan region in India and is expected to reach 29.3 million by 2031 and 32.1 million by 2041.

Important takeaways for all competitive exams: 

• President of Asian Infrastructure Investment Bank: Jin Liqun.
• Headquarters of AIIB: Beijing, China.
• AIIB established: 16 January 2016.

Appointments

3. DRDO chief G Satheesh Reddy gets two-year extension

• Renowned Indian scientist, G Satheesh Reddy was given a two-year extension as the chairman of Defence Research and Development Organisation (DRDO).
• He was appointed to the post in August 2018 for two years.
• The Appointments Committee of the Cabinet has approved the extension of Reddy”s tenure as the DRDO chairman and as the Secretary of the Department of Defence Research & Development (DoDRD) for a period of two years beyond August 26.

Important takeaways for all competitive exams:

• DRDO Headquarters: New Delhi.
• DRDO Established: 1958.

Defence News

4. India Pavilion at Army 2020 forum inaugurated in Russia

• The India Pavilion at the Army-2020 International Military and Technical Forum was inaugurated by Secretary (Defence Production) Raj Kumar and Indian Ambassador DB Venkatesh Verma at Moscow, Russia.
• The forum will also host discussions among global military officials, researchers and defence industry experts about the application of 3D technologies in designing, manufacturing and operating weapons and military equipment.
• The forum was organised by the Russian Defence Ministry will be held from August 23-29 at the Patriot Park near Moscow, which has been the venue since 2015.

Important takeaways for all competitive exams: 

• President of Russia: Vladimir Putin.
• Capital of Russia: Moscow.

5. IAF launches ‘MY IAF’ app to provide career-related information

• The Chief of the Air Staff, Rakesh Kumar Singh Bhadauria has launched a mobile application named ‘MY IAF’ to provide career-related information and details to the aspirants who wish to join the Indian Air Force (IAF).
• The app launched as a part of the Digital India initiative has been developed in association with the Centre for Development of Advanced Computing (C-DAC).
• The app serves as a single digital platform where users can find the details of the selection procedure, training curriculum, pay and perks etc for both officers and airmen in the IAF.
• The app provides glimpses into the history and stories of valour in the IAF.

Important takeaways for all competitive exams:

• Indian Airforce founded: 8 October 1932.
• Indian Airforce Headquarters: New Delhi.

Awards 

6. NLCIL bags “Swachhta Hi Seva award” for transforming Neyveli Township

• The Government of India Navratna, NLC India Limited (NLCIL) has bagged the award for making an extremely valuable contribution in the implementation of the “Swachhta Hi Seva Programme”.
• Rakesh Kumar, CMD of NLCIL hailing the efforts of NLCIL in transforming the entire Neyveli into a plastic-free, clean and green campus, and announcing the “Swachhta Hi Seva 2019” Award.

Important takeaways for all competitive exams:

Sports News

7. Australia all-rounder Cameron White announces retirement

• Australian all-rounder Cameron White has announced his retirement from all forms of professional cricket.
• He represented Australia in 4 Test matches, 91 ODIs and 47 T20Is.
• He also led the Australian limited-overs team in 7 international games. He amassed 146 runs in tests, 2072 runs in ODIs and 984 runs in T20Is.
• Cameron White has been a prolific run-scorer in domestic cricket. He scored 10,537 first-class runs from 177 games at an average of 39.91.

8. Bayern Munich wins UEFA Champions League 2019-20

• German professional sports club, Bayern Munich won the UEFA Champions League 2019-20 title by defeating Paris Saint-Germain 1-0.
• The final was played in Lisbon, Portugal. Bayern Munich has become the first European Cup winners who won all their matches during the tournament.
• This is the sixth European Champions League title for Bayern Munich.

9. German Golfer Sophia Popov wins Women’s British Open 2020

• German Golfer Sophia Popov won the Women’s British Open 2020 title (rebranded as 2020 AIG Women’s Open) by defeating Thailand’s Jasmine Suwannapura by two strokes at Royal Troon in Scotland.
• Sophia has now become the first female golfer from Germany to win the LPGA Tour’s major title.

Books and Authors

10. A book titled “Who painted my lust red?” by Sree Iyer

• A book titled “Who painted my lust red?” has been authored by Sree Iyer.
• The book is something about when Bollywood meets Cricket meets Politicians.
• This is the second book in this series of Sree Iyer’s Money Trilogy series. The first book was “Who painted my money white?”.

Miscellaneous News

11. Tata Group to launch “Super App” for digital services

• Tata Group is launching a new app named “Super App” purported to bring together the country’s disparate sales sector to offer a range of consumer goods.
• The app will put the conglomerate in competition with giants of the region like Reliance Industries and global titans like Amazon.
• The app will offer food and grocery ordering, fashion and lifestyle, consumer electronics and consumer durables, insurance and financial services, education, healthcare and bill payments.

Important takeaways for all competitive exams:

• Tata Group Chairman: Natarajan Chandrasekaran
• Tata Group Headquarters: Mumbai, Maharashtra.

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25 August Current Affairs 2020 | Current Affairs Today | Daily Current Affairs 2020

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