Daily GK Update 14 April 2020: Read Daily GK for Bank Exam

Table of Contents

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 Jupdate of 14th April 2020 to help you prepare the Current affairs part. After reading this section, you can successfully attempt Current Affairs Quiz.

National

1. Prime Minister extends lockdown to 3rd May 2020 to combat COVID-19

Prime Minister of India Narendra Modi addressed his countrymen and announced the extension of lockdown until 3rd of May 2020. This measure has been taken by the Government of India in order to combat the COVID-19 pandemic in the nation. The lockdown was initially implemented in India from 25th March 2020 and was scheduled to end on 14th April 2020.

2. AIM’s, NITI Aayog & NIC jointly launches “CollabCAD”

Atal Innovation Mission, NITI Aayog and National Informatics Centre (NIC) have jointly launched Collaborative CAD Software (CollabCAD). CollabCAD is a collaborative network, computer-enabled software system, providing a total engineering solution from 2D drafting & detailing to 3D product design.

Important takeaways for all competitive exams:

Chairperson of NITI Ayog: Narendra Modi.
Chief Executive Officer (CEO) of NITI Ayog: Amitabh Kant.
Vice Chairperson of NITI Ayog: Rajiv Kumar.
Headquarters of NITI Ayog: New Delhi.
Director-General of NIC: Neeta Verma.
Headquarters of NIC: New Delhi.

3. Control rooms set up to address wage related grievances

The Ministry of Labour and Employment has set up 20 control rooms to address wage related grievances arising in the backdrop of Covid-19. The control rooms have been set up on pan India basis under the Office of Chief Labour Commissioner and will be managed by the Labour Enforcement Officers, Assistant Labour commissioners, Regional Labour Commissioners, and Deputy Chief Labour Commissioners of the respective regions.

Important takeaways for all competitive exams:

Minister of State (I/C) for Labour and Employment: Santosh Kumar Gangwar.

4. AIIMS set up India’s 1st remote health monitoring system in Rishikesh

The All India Institute of Medical Sciences (AIIMS) Rishikesh, in partner with BEL (Bharat Electronics Limited) has set up India’s 1st remote health monitoring system. The system is to be used in the state of Uttarakhand to monitor COVID-19 patients.

Important takeaways for all competitive exams:

Headquarters of BEL: Bengaluru, Karnataka.
MD & CEO of BEL: M V Gowtama.
BEL Established: 1954.

Appointments News

5. Birupaksha Mishra becomes new Executive Director of Union Bank of India

Birupaksha Mishra becomes new Executive Director of Union Bank of India, after its amalgamation with Corporation Bank and Andhra Bank. Prior to this, Birupaksha Mishra was Executive Director at Corporation Bank. He started his banking career as a Probationary Officer in the year 1984. He has worked in various parts of the country and has handled Credit and Credit Monitoring Portfolio of the Bank and headed IT vertical of the Bank.

Agreements

6. YES Bank extends bancassurance partnership with Max Life Insurance

YES Bank has announced the extension of its strategic bancassurance relationship with the Max Life Insurance. The tie-up has been extended for 5-years in order to reaffirm their commitment to invest in building a digitally-enabled ecosystem, to offer customers a broad range of need-based products and services in order to provide a seamless experience for customers.

Banking

7. People’s Bank of China raises its stake in HDFC

People’s Bank of China (PBOC) has raised its stake in Housing Development Finance Corporation Limited (HDFC) from 0.8% to 1.01%. The stake raising process was done as a secondary market transaction. The stakes comprises of 17.49 million shares of the the country’s largest mortgage lender HDFC. After the transaction, the closing price of the Chinese central bank’s stake in HDFC was Rs 2,976 crore.

Important takeaways for all competitive exams:

Vice chairman and CEO of HDFC: Keki M Mistry.
Managing Director of HDFC: Renu Sud Karnad.
Governor of People’s Bank of China: Yi Gang.

Ranks and Reports

8. World Bank releases “South Asia Economic Focus” report

World Bank has released a report titled “South Asia Economic Focus”. The report forecasts a sharp economic fall in each of the region’s eight countries. The cause of the sharp economic fall have been stated as the halting economic activity, collapsing trade as well as greater stress in the financial and banking sectors which is a result of COVID-19 outbreak. The report states that the regional growth will get dropped to a range between 1.8% and 2.8% in 2020, down from 6.3% that was projected 6 months ago.

Important takeaways for all competitive exams:

President of World Bank: David Robert Malpass.

Science and Technology

9. IIT-Bombay develops digital stethoscope called “AyuSynk”

IIT-Bombay has developed a digital stethoscope called “AyuSynk” to check patients who are infected with COVID-19. IIT Bombay converts conventional stethoscopes into digital ones. The conventional stethoscope may pose a risk of infection to healthcare professionals handling coronavirus patients.

Important takeaways for all competitive exams:

Director of IIT-Bombay: Subhasis Chaudhuri.
IIT Bombay was founded in 1958. In 1961, the Parliament decreed IITs as Institutes of National Importance.

Important Days

10. World Chagas Disease Day observed globally on 14 April

World Chagas Disease Day observed globally on 14 April. On 14 April 2020, the world community is to celebrate World Chagas Disease Day for the 1st time. The main aim of marking the day is to increase awareness of Chagas disease and to marked as a day to spread awareness about this “silent and silenced disease”.

Important takeaways for all competitive exams:

Headquarters of WHO: Geneva, Switzerland.
Director general of WHO: Tedros Adhanom.
WHO founded: 7 April 1948.

Obituaries

11. Former Attorney General of India Ashok Desai passes away

Former India’s Attorney General and senior advocate Ashok Desai passed away. He was Attorney General from July 1996 to May 1998. He was served as Solicitor General of India from December 1989 to December 1990. He was awarded Padma Bhushan and Law Luminary awards in 2001. He started his practice in 1956 before the Bombay High Court and was designated as a senior advocate in August 1977.

12. Former Union Minister Rajasekharan passes away

Former Union Minister and veteran Congress leader M.V. Rajashekaran passed away. He had served as Union Minister of State for Planning in the Manmohan Singh Ministry. He represented Kanakapura, Karnataka constituency in Lok Sabha.

13. Father of modern Iraqi architecture Rifat Chadirji passes away

Father of modern Iraqi architecture Rifat Chadirji passed away due to COVID-19. He was credited to design some of Iraq’s most valuable structures and iconic “Freedom Monument” in the now protest hub of Baghdad’s Tahrir Square. He was studied in London and returned to Iraq in the 1950s to design his magnum opus, elegant arch entitled “The Unknown Soldier” as well as the capital’s post office and other public buildings.

Miscellaneous

14. Kerala set to trial plasma therapy for COVID-19 treatment

Kerala becomes the 1st state of India to start clinical trial plasma therapy for COVID-19 treatment. The Indian Council of Medical Research (ICMR) has given approval to Sree Chitra Tirunal Institute for Medical Sciences and Technology (SCTIMST), Thiruvananthapuram, Kerala, to start clinical trial convalescent plasma therapy treatment.

Important takeaways for all competitive exams:

Chief Minister of Kerala: Pinarayi Vijayan.
Governor of Kerala: Arif Mohammad Khan.
Capital of Kerala: Thiruvananthapuram.

15. Science communication initiative “CovidGyan” launched

An initiative “CovidGyan” has been launched by Tata Institute of Fundamental Research (TIFR), Indian Institute of Science (IISc), and Tata Memorial Centre (TMC). It is a multi-institutional, multi-lingual science communication initiative that has been launched to bring the scientific and factual aspects of COVID-19 pandemic outbreak on to public domain.