Daily GK Update 23 January 2020: Read Daily GK-Current Affairs Update

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 update of 23 January 2020 to help you prepare the Current affairs part. After reading this section, you can successfully attempt Current Affairs Quiz.

International Current Affairs

1. Union Minister Mansukh Mandaviya participates at United Nations AIDS Programme in WEF

Union Minister Mansukh Mandaviya participated in the United Nations AIDS (UNAIDS) programme at the World Economic Forum (WEF) in Davos, Switzerland. The theme of the programme is “Access for all: Leveraging Innovations, Investments and Partnerships for Health”.

Important takeaways for all competitive exams:

World AIDS Day: 1 December.
United Nations AIDS Headquarters: Geneva, Switzerland.
Winnie Byanyima is the Executive Director of the Joint United Nations Programme on HIV/AIDS.

State News

2. Uttarakhand becomes 1st state to implement agricultural land leasing policy

Uttarakhand has become the 1st state in the country where the government has made a policy to lease agricultural land.

Important takeaways for all competitive exams:

Uttarakhand Chief Minister: Trivendra Singh Rawat; Governor: Baby Rani Maurya.
Capital of Uttarakhand: Dehradun.

Economy & Business News

3. UN lowers India’s growth forecast for FY20 to 5.7%

The United Nations has lowered India’s GDP growth rate to 5.7% for the Fiscal Year 2019-20 in its World Economic Situation and Prospects (WESP) 2020 report. UN has lowered the growth rate to 5.7% from 7.6% which it projected in its WESP 2019 report.

Important takeaways for all competitive exams:

Headquarters of United Nations: New York, USA; Founded: 24 October 1945.
Secretary-General of the United Nations: Antonio Guterres.

4. ICICI Bank introduces cardless cash withdrawal facility through ATMs

ICICI Bank has rolled out “Cardless Cash Withdrawal” service through ATM. The “Cardless Cash Withdrawal” service can be used for cash withdrawal having a per day transaction limit of Rs 20,000.

Important takeaways for all competitive exams:

MD & CEO of ICICI Bank: Sandeep Bakhshi; Headquarters: Mumbai.

5. NPCI Launches Blockchain-Based Vajra Platform To Secure Payments

The National Payments Corporation of India (NPCI) has launched a blockchain-technology based payment system ‘Vajra Platform’.

Important takeaways for all competitive exams:

MD & CEO of National Payments Corporation of India: Dilip Asbe.
Headquarters of National Payments Corporation of India: Mumbai.

6. IMF lowers India’s 2019 growth forecast to 4.8% from 6.1%

The International Monetary Fund (IMF) has estimated India’s growth rate for the fiscal year 2019 as 4.8%. IMF has also projected India’s growth rate as 5.8% in 2020 and 6.5% in 2021.

Important takeaways for all competitive exams:

Managing Director of IMF: Kristalina Georgieva; Chief Economist: Gita Gopinath.
Headquarters: Washington DC, USA.

Awards News

7. Priya Prakash wins Cisco Youth Leadership Award 2019

The founder and CEO of India based HealthSetGo, Priya Prakash, has won the Global Citizen Prize: Cisco Youth Leadership Award for 2019.

8. President of India Presents 14th Ramnath Goenka Excellence in Journalism Awards

The President of India, Ram Nath Kovind presented the 14th Ramnath Goenka Excellence in Journalism Awards in New Delhi.

Agreements

9. Indian Oil Signs MoU with National Petroleum Authority of Ghana

Indian Oil has signed an MoU with Ghana’s National Petroleum Authority for proper execution of the Ghana’s National LPG Promotion Policy. According to the MoU, Indian Oil will provide its technical expertise and assistance to Ghana’s National Petroleum Authority.

Important takeaways for all competitive exams:

President of Ghana: Nana Akufo-Addo; Capital: Accra; Currency: Ghanaian Cedi.

Appointments

10. Challa Sreenivasulu Setty appointed managing director of SBI

The Appointment Committee of the Cabinet has appointed Challa Sreenivasulu Setty as the Managing Director of the State Bank of India.

11. New MD and CEOs for Bank of Baroda, Bank of India and Canara Bank

The Personnel Ministry has approved a new appointment of Managing Director and Chief Executive Officer of three public sector banks: Bank of India (BOI), Bank of Baroda (BOB) and Canara bank.

Bank	Name	Post
Canara Bank	Lingam Venkat Prabhakar	Managing Director(MD) & Chief Executive Officer(CEO)
Bank of Baroda	Sanjiv Chadha	Managing Director(MD) & Chief Executive Officer(CEO)
Bank of India	Atanu Kumar Das	Managing Director(MD) & Chief Executive Officer(CEO)

Important takeaways for all competitive exams:

Bank of Baroda headquarters: Vadodara, Gujarat; Tagline: India’s International Bank.
Bank of India of Headquarters: Mumbai, Maharashtra; Tagline: Relationship Beyond Banking.
Canara Bank of Headquarters: Bengaluru, Karnataka; Tagline: Together We Can.