20th July 2021 Current Affairs

 

GK Update of 20th July 2021 overlaying the next information headlines: Science Exploration Day, International Chess Day, Viswanathan Anand, Mohun Bagan Ratna, Federal Bank, Bank of Maharashtra, Balika Panchayat.

International News

1. Saudi Arabia ends male guardian requirement for girls attending hajj

• According to the Ministry of Hajj and Umrah, Saudi Arabia, ladies can now register for the annual Hajj pilgrimage with no male guardian (marham).
• In registration tips of Hajj for home pilgrims, the ministry highlights, ladies don’t have to require a male guardian to register and will do registration together with different ladies.
• Women wishing to carry out Hajj must register individually. India had introduced the identical rule in 2017 when the Modi authorities declared that ladies might go on Hajj with no male companion. Muslim ladies have been exempted from mahram and in addition from the lottery system.
• It is an annual Islamic pilgrimage to Mecca, Saudi Arabia, which is taken into account as holiest metropolis for Muslims. Hajj is a compulsory spiritual obligation for Muslims which is should to hold a minimum of as soon as of their lifetime by all grownup Muslims.

Important takeaways for all aggressive exams:

• Saudi Arabia Capital: Riyadh;
• Saudi Arabia Currency: Saudi riyal.

States News

2. Maharashtra to concern Certificates utilizing Blockchain Technology

• Maharashtra would be the first state within the nation to concern educational paperwork utilizing blockchain know-how. Forgery of paperwork is a critical concern for numerous instructional and different establishments.
• Many steps are being taken to keep away from forgery together with verification of paperwork. Maharashtra State Board of Skill Development has determined to concern blockchain-based certificates to college students.

Important takeaways for all aggressive exams:

• Maharashtra Governor: Bhagat Singh Koshyari.
• Maharashtra Capital: Mumbai.
• Maharashtra CM: Uddhav Thackeray.

3. Balika Panchayat efficiently held at Kunariya village in Gujarat

• The Kunariya village of Kutch district in Gujarat has come out with a singular thought of holding Balika Panchayat.
• The first-ever elections of this Balika Panchayat have been efficiently. Inspired by the TV sequence, Balika Vadhu, the Kunariya village in Kutch district at present held elections for the distinctive Balika Panchayat, which goals to develop management qualities within the women for Future Panchayat polls.
• Young females aged between 10 to 21 years contested elections for this distinctive Panchayat which can take up points pertaining to adolescent women and girls within the village.
• This Panchayat can be run by the ladies and for the ladies.
• The separate sitting preparations can be given to those women and they are going to be given to make use of the finances of gender sensitivity.
• This distinctive step by a small village like Kunaria aligns with PM’s imaginative and prescient of enhancing younger ladies’s participation within the political course of.

Important takeaways for all aggressive exams:

• Gujarat Chief Minister: Vijay Rupani;
• Gujarat Governor: Acharya Devvrat.

Agreements News

4. Bank of Maharashtra indicators MoU with NABARD

• Bank of Maharashtra has signed a Memorandum of Understanding (MoU) with National Bank for Agriculture & Rural Development (NABARD) to spice up ongoing developmental initiatives linked to precedence sector lending in Maharashtra.
• It is on a collaborative method to reinforce rural prosperity by way of the convergence of institutional lending & ongoing improvement initiative.
• The MoU envisages joint initiatives for the good thing about farmers, farmer producer organisations, joint legal responsibility teams, self-help teams, rural artisans, weavers, Agri-preneurs, Agri start-ups, micro, small and medium enterprises within the State.

Important takeaways for all aggressive exams:

• Maharashtra Headquarters: Pune;
• Maharashtra CEO: A. S. Rajeev;
• Maharashtra Founded: 16 September 1935;
• Chairman of NABARD: G R Chintala;
• NABARD Founded: 12 July 1982;
• NABARD Headquarters: Mumbai.

Economy News

5. FDI restrict in NPS fund managers hiked to 74%

• The authorities notified a hike within the international direct funding restrict in pension fund administration to 74% from 49% underneath the nationwide pension system (NPS).
• This step is opening doorways for knowledgeable international companions on this area and facilitating extra competitors within the fledgling section.
• Pension Fund Regulatory &Development Authority (PFRDA) Act hyperlinks the FDI ceiling within the insurance coverage sector. 
• Many corporations want capital for his or her growth and as a result of improve in FDI restrict, they are going to get extra money.
• Existing fund holders may also be capable to promote their extra stake.
• Foreign corporations will be capable to present new merchandise, know-how.
• Help in rising the attain of pensions.

Banking News

6. Federal Bank launches “FEDDY” AI-Powered digital assistant for patrons

• The Federal Bank has launched “FEDDY”, an Artificial Intelligence-powered digital assistant to assist clients with banking-related queries anytime.
• The financial institution stated whereas many of the related AI-powered digital assistants can be found solely on its web site, FEDDY may be accessed through Alexa, Google Assistant and WhatsApp. It is built-in into Google Business Messaging, a first-of-its-kind by an Indian financial institution.
• The financial institution has lately come out with revolutionary and user-friendly amenities corresponding to FedSelfie, underneath which people can open their accounts by merely taking a selfie, and Federal 24×7, which makes attainable the opening of accounts by way of a video name to the financial institution.

Important takeaways for all aggressive exams:

• Federal Bank MD and CEO: Shyam Srinivasan;
• Federal Bank Headquarters: Aluva, Kerala;
• Federal Bank Founder: K.P Hormis;
• Federal Bank Founded: 23 April 1931.

Business News

7. Financial providers startup Razorpay acquires TERA Finlabs

• Razorpay has acquired synthetic intelligence (AI)-based danger evaluation platform TERA Finlabs, marking its third acquisition since inception. Bengaluru-based TERA Finlabs supplies danger administration software program, together with personalized credit score choices to make lending extra inexpensive for shoppers and worthwhile for lenders.
• TERA will present its complete know-how stack, danger administration capabilities, and onboarding options to create and allow a credit score line for Razorpay’s service provider community.
• The crew at TERA FinLabs comes with distinctive area information in credit score underwriting and danger administration, as we see immense worth in its core lending infrastructure capabilities.

Important takeaways for all aggressive exams:

• Razorpay Founded: 2013;
• Razorpay CEO: Harshil Mathur (May 2014–);
• Razorpay Headquarters location: Bengaluru.

Awards News

8. Shibaji Banerjee to be conferred with Mohun Bagan Ratna posthumously

• Former India and Mohun Bagan shot-stopper Shibaji Banerjee, who famously denied Brazil’s legendary soccer participant Pele from scoring a objective in an exhibition match in 1977, can be conferred with Mohun Bagan Ratna posthumously.
• The pleasant match towards New York Cosmos on the iconic Eden Gardens resulted in an exciting 2-2 draw. Banerjee performed for Bagan for 11 years and died on the age of 68 4 years in the past.

Books and Authors News

9. A e-book titled “RSS” by Sudhanshu Mittal now in Chinese

• BJP chief Sudhanshu Mittal”s e-book on the Rashtriya Swayamsevak Sangh (RSS) has now been translated into the Chinese language.
• “RSS: Building India Through SEWA”, which talks of RSS”s historical past, ideology and insurance policies, and their subsequent affect on the nation, was introduced out by Har-Anand Publications in 2019. The Chinese translation is by Jack Bo.
• According to Mittal, he wrote this e-book to “differentiate between fact and fiction that is at the heart of the debate on the RSS” and to aim to make clear RSS”s contribution to and place in Indian society.
• The e-book, in his phrases, makes an attempt to explain the work of the RSS since its inception, its historical past, the core of Sewa Karya, the structural organisation, busting the myths of the RSS not having participated within the Independence motion of India, the Ram Janmabhoomi concern, and the organisation’s dynamic nature by way of generational change.

Sports News

10. ICC welcomes Mongolia, Tajikistan and Switzerland as new members

• The International Cricket Council (ICC) inducted Mongolia, Tajikistan, and Switzerland as members at its 78th Annual General Meeting. Mongolia and Tajikistan because the twenty second and twenty third members of the Asia area.
• Switzerland is Europe’s thirty fifth member. With the ICC now comprising 106 members in whole, together with 94 associates.

Important takeaways for all aggressive exams:

• ICC Headquarters: Dubai, United Arab Emirates;
• ICC Founded: 15 June 1909;
• ICC Deputy Chairman: Imran Khwaja;
• ICC Chairman: Greg Barclay.

11. Viswanathan Anand wins Sparkassen Trophy

• Viswanathan Anand defeated Vladimir Kramnik to win the Sparkassen Trophy at Dortmund. Anand wanted solely a draw within the remaining recreation of the No-Castling Chess occasion, and he obtained it in 40 strikes.
• Kramnik, who conceived this variant of chess with the intention of creating the sport much less predictable and extra dynamic, nevertheless, was compelled to attract the sport by giving perpetual checks. Anand was only one transfer away from placing a second queen on the board.

Important Days

12. International Chess Day: 20 July

• The International Chess Day is well known yearly on July 20, since 1966, to have fun one of the historic and hottest video games in historical past that promote equity, equality, mutual respect and understanding amongst nations.
• It was on today that the International Chess Federation (FIDE) was based, in 1924. The thought to have fun the day because the worldwide chess day was proposed by UNESCO.
• Invented in India within the fifth century, this board recreation was initially named “Chaturanga”. Chess is probably going one of many oldest video games of this period. After the event of the sport in India, it will definitely unfold to Persia.

Important takeaways for all aggressive exams:

• World Chess Federation Headquarters: Lausanne, Switzerland;
• World Chess Federation Founded: 20 July 1924, Paris, France;
• World Chess Federation CEO: Geoffrey D. Borg.

13. Science Exploration Day: 20 July

• Science Exploration Day (additionally known as Moon Day) is marked yearly on 20 July. It was on today in 1969 that Neil Armstrong and Edwin ‘Buzz’ Aldrin grew to become the primary people to land on the Moon’s floor.
• The origins of Space Exploration Day date again to man first strolling on the moon, with the day itself first noticed to commemorate this historic occasion throughout occasions held within the early Seventies.
• Neil Armstrong was the primary man to set foot on the moon’s floor. The Armstrong- Aldrin duo spent 21.5 hours on the floor of the moon out of which they spent 2.5 hours exterior of their capsules.
• To commemorate their achievement, the day was declared a vacation in 1984 by the then President of the United States, Ronald Reagan.

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