9th December 2020 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam

Here is the Daily GK Update of 9th December 2020 covering the following news headlines: Karad Janata Sahakari Bank, ADB, NTPC, UNICEF, YuWaah.

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 9th December 2020 to help you prepare the Current affairs part. After reading this section, you can successfully attempt Current Affairs Quiz.

Banking News

1. RBI cancels licence of Maharashtra-based Karad Janata Sahakari Bank

• The Reserve Bank of India has cancelled the licence of Karad Janata Sahakari Bank Ltd in Maharashtra, as it does not have adequate capital and earning prospects.
• As such, it does not comply with the provisions of the Banking Regulation Act, 1949.
• More than 99 per cent of the depositors of the bank will get full payment of their deposits from Deposit Insurance and Credit Guarantee Corporation (DICGC).
• With the cancellation of licence and beginning of liquidation proceedings, the process of paying the depositors of Karad Janata Sahakari Bank will be set in motion. On liquidation, every depositor is entitled to repayment of their deposits up to ₹ 5 lakh only from the DICGC.
• After cancellation of licence from the close of a business hour on December 7, the bank cannot work anymore, which includes taking deposits and repaying deposits.

Business News

2. ADB approves Rs 2.5 mn in technical assistance for biofuel development in India

• The Manila-based multilateral lending agency Asian Development Bank (ADB) has approved a USD 2.5 million (about Rs 18 crore) technical assistance to support advanced biofuel development in India.
• The grant will be funded from the Asia Clean Energy Fund, financed by the Government of Japan under the Clean Energy Financing Partnership Facility, and the Republic of Korea’s e-Asia and Knowledge Partnership Fund.
• The technical assistance (TA) will support the development of advanced bioethanol, bio-compressed natural gas, and biodiesel plants to demonstrate the best practices for suitable feedstock, efficient conversion technology, and sustainable biofuel value chain.

Important takeaways for all competitive exams:

• President of ADB: Masatsugu Asakawa; Headquarters: Manila, Philippines.

Agreement News

3. NTPC inks MoU with IIFM-Bhopal for Narmada Landscape Restoration Project

Appointment News

5. Anil Soni appointed first CEO of The WHO Foundation

• US-based Indian-origin health expert, Anil Soni has been appointed as the first Chief Executive Officer (CEO) of the newly-created “The World Health Organization (WHO) Foundation”.
• Before this, he was working with Viatris, a global healthcare company in the US, where he served as Head of Global Infectious Diseases. He will assume his role as CEO with effect from 1st January 2021.
• The WHO Foundation was launched in May 2020 as an independent grant-making agency, based in Geneva, Switzerland, to work alongside the WHO and the global health community to address the most pressing global health challenges.

Important takeaways for all competitive exams:

• Headquarters of WHO: Geneva, Switzerland.
• Director-general of WHO: Tedros Adhanom.

9. Kiren Rijiju launches 2nd edition of Fit India Cyclothon

• Sports Minister Kiren Rijiju has launched the second edition of Fit India Cyclothon through a virtual platform.
• The mega cycling event will run for 25 days, beginning from 7th December till 31st December 2020.
• The event has been organised across the country in each district. The citizens can participate by registering on Fit India website.
• The participants can cycle daily for a distance of their choice, and share their images and videos on social media.
• They may also tag @FitIndiaOff and use the hashtag – FitIndiaCyclothon and #NewIndiaFitIndia.

Important takeaways for all competitive exams:

10. Yulimar Rojas and Mondo Duplantis crowned 2020 World Athletes of the Year

• Swedish pole vaulter Mondo Duplantis and Venezuelan triple jumper Yulimar Rojas are the 2020 Male and Female World Athletes of the Year.
• They are their countries’ first recipients of the prestigious athletics award announced during the virtual awards.
• At the age of 20, Duplantis is the youngest ever winner of the Male Athlete of the Year Award after twice breaking the absolute world record (6.17m and 6.18m) in February before producing the highest outdoor vault in history (6.15m) in September.
• Rojas who broke the world indoor triple jump record with a leap of 15.43m, finished the shortened 2020 season undefeated in four triple jump competitions indoors and outdoors.

11. Parthiv Patel announces retirement from all forms of cricket

• India’s wicketkeeper-batsman Parthiv Patel has announced his retirement from all forms of cricket. The 35-year-old left-hander, who made his international debut in 2002, played 25 Tests, 38 ODIS and two T20Is for India.
• He last wore Indian jersey in 2018 during a Test match against South Africa in Johannesburg.
• While the Gujarat cricketer represented his state in 194 first-class matches. He played 204 T20 matches for his state and various IPL franchises and scored 4,300 runs at a strike rate of 123.84, with the help of 23 half-centuries.

Important Days

12. International Anti-Corruption Day: 09 December

• International Anti-Corruption Day is observed annually on 9 December to raise public awareness for anti-corruption.
• The day is observed since the passage of the United Nations Convention Against Corruption on 31 October 2003.
• The theme of International Anti-Corruption Day 2020: ‘RECOVER with INTEGRITY.’
• The theme focuses on recovery through corruption mitigation and emphasizes that inclusive COVID-19 recovery can only be achieved with integrity.

13. International Day of Commemoration and Dignity of the Victims of the Crime of Genocide and of the Prevention of this Crime

• The International Day of Commemoration and Dignity of the Victims of the Crime of Genocide and of the Prevention of this Crime is observed annually on December 9.
• The 9th of December is the anniversary of the adoption of the 1948 Convention on the Prevention and Punishment of the Crime of Genocide (the “Genocide Convention”). This year marks the 71st anniversary of the Convention.
• The purpose of the day is to raise awareness of the Genocide Convention and its role in combating and preventing the crime of genocide, as defined in the Convention, and to commemorate and honour its victims.

Miscellaneous News

14. Gwalior, Orchha in UNESCO world heritage cities list

• The historical fort cities of Gwalior and Orchha in Madhya Pradesh have been included in the list of UNESCO’s world heritage cities under its The World Heritage Cities Programme.
• Under the plan, UNESCO will suggest best measures and resources for the development and beautification of these places as per the UNESCO Historic Urban Landscape recommendations.
• With this Inclusion, the total number of UNESCO World Heritage Cities of India will increase to 40.

Important takeaways for all competitive exams:

• UNESCO World Heritage Centre Director: Mechtild Rossler.
• UNESCO World Heritage Centre Headquarter: Paris, France.

15. Mt Everest declared 86 cm taller by Nepal and China

• The world’s highest mountain peak ‘Mount Everest’ has become taller by 86 cm, as per a survey conducted jointly by Nepal and China.
• The Government of Nepal and China jointly conducted an exercise to measure the world’s highest peak.
• The new height of Mt Everest has been calculated at 8,848.86 metres, which is 0.86m more than the previous measurement done by India in 1954. In feet, the new elevation is about 29,031 ft, or about 3 ft higher than Nepal’s previous claim.
• In Tibetan language, Mount Everest is known as Mount Qomolangma while in Nepalese language it is famous as Sagar-Matha.

Check More GK Updates Here

9th December Current Affairs 2020 | Current Affairs Today | Daily Current Affairs 2020

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