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Daily GK Current Affairs viable of 20th July 2021

Daily GK Current Affairs News viable of 20th July 2021. – Here is the Regular current affairs viable of 20th July 2021. covering the following news headlines: Science Exploration Day, International Chess Day, Viswanathan Anand, Mohun Bagan Ratna, Federal Bank, Bank of Maharashtra, Balika Panchayat.

Daily Current Affairs update are incorporated with the important news that made the current affairs headlines for competitive exams. Daily Current Affairs Update is the complete box of the important news that held all day long. One should have complete knowledge about banking terms, current affairs news, etc.

So, here is the GK update of 20th July 2021 to help you prepare the Current affairs part. After reading this section, you can successfully attempt current affairs quiz.

Here current affairs have been categorized which is as follows:

  • International News
  • States News
  • Banking News
  • Business News
  • Awards News
  • Sports News
  • Important Days

International News

  1. US, Afghanistan, Pakistan and Uzbekistan agrees to form new quadrilateral grouping
  • The United States, Afghanistan, Pakistan and Uzbekistan have agreed in principle to establish a new quadrilateral diplomatic forum focused on enhancing regional connectivity.
  • Through this new platform, the parties intend to collaborate to expand trade, build transit links and strengthen business-to-business ties.

States News

  1. Maharashtra to issue Certificates using Blockchain Technology
  • Maharashtra will be the first state in the country to issue educational documents using blockchain technology. Counterfeiting of documents is a serious concern for various educational and other institutions.
  • Along with the verification of documents, several steps are being taken to avoid forgery. Maharashtra State Skill Development Board has decided to issue blockchain-based certificates to the students.

Important takeaways for all competitive exams:

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

Banking News

  1. Federal Bank launches “FEDDY” AI-Powered virtual assistant for customers
  • Federal Bank has launched an Artificial Intelligence-powered virtual assistant “FEDDY” to help customers with banking related queries anytime.
  • While most AI-powered virtual assistants are available only on its website, FEDDY can be accessed through Alexa, Google Assistant and WhatsApp, the bank said. It has been integrated into Google Business Messaging, a first of its kind by an Indian bank.
  • The bank has recently come out with innovative and user-friendly facilities such as FedSelfie, under which individuals can open their accounts by merely taking a selfie, and Federal 24×7, which makes possible the opening of accounts through a video call to the bank.

Important takeaways for all competitive 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

  1. Financial services startup Razorpay acquires TERA Finlabs
  • Razorpay has acquired Artificial Intelligence (AI) based risk analysis platform Terra Finlabs, its third acquisition since inception. Bengaluru-based Tera Finlabs offers risk management software along with customized credit offerings to make lending more affordable for consumers and profitable for lenders.
  • TERA will provide its complete technology stack, risk management capabilities and onboarding solutions to enable and build a line of credit for RazorPay’s merchant network.
  • The team at TERA FinLabs comes with exceptional domain knowledge in credit underwriting and risk management, as we see immense value in its core lending infrastructure capabilities.

Important takeaways for all competitive exams:

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

Awards News

  1. 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 football player Pele from scoring a goal in an exhibition match in 1977, will be conferred with Mohun Bagan Ratna posthumously.
  • The friendly match against New York Cosmos at the iconic Eden Gardens ended in a thrilling 2-2 draw. Banerjee played for Bagan for 11 years and died at the age of 68 four years ago.

Sports News

  1. Viswanathan Anand wins Sparkassen Trophy
  1. ICC welcomes Mongolia, Tajikistan and Switzerland as new members
  • The International Cricket Council (ICC) in its 78th Annual General Meeting included Mongolia, Tajikistan and Switzerland as members. Mongolia and Tajikistan are the 22nd and 23rd members of the Asia region.
  • Switzerland is the 35th member of Europe. The ICC now has a total of 106 members, including 94 associates.

Important takeaways for all competitive exams:

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

Important Days

  1. Science Exploration Day: 20th July
  1. International Chess Day: 20 July
  • The International Chess Day is celebrated annually on July 20, since 1966, to celebrate one of the most ancient and most popular games in history that promote fairness, equality, mutual respect and understanding among nations.
  • It was on this day that the International Chess Federation (FIDE) was founded, in 1924. The idea to celebrate the day as the international chess day was proposed by UNESCO.
  • Invented in India in the fifth century, this board game was originally named “Chaturanga”. Chess is likely one of the oldest games of this era. After the development of the game in India, it eventually spread to Persia.

Important takeaways for all competitive exams:

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

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