Daily GK Update: 20th April 2023

By Neha Bisarya|Updated : April 20th, 2023

 National & International Appointments

1. Cuba's President Miguel Diaz-Canel wins second term in polls

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  • President of Cuba, Miguel Diaz-Canel (62) has clinched a second five-year term in a parliamentary vote for which he was the sole candidate in the country.
  • His bid was confirmed by 97.66% of votes cast in the Communist Party of Cuba-aligned National Assembly.
  • He took over the reins in 2018 as the first civilian leader of Cuba.
  • His first five years in office were marked by the worst economic crisis in three decades.
  • Cuba Capital: Havana; Currency: Cuban Peso
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 National & International Appointments

2. Randhir Thakur appointed as CEO & MD of Tata Electronics

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  • Tata Group has appointed Dr. Randhir Thakur as the CEO and managing director of Tata Electronics Pvt Ltd (TEPL).
  • Before this, he was associated with the global electronic chip and circuits manufacturing giant Intel.
  • He has also held leadership and technical positions at Applied Materials Inc., SanDisk Corp, and Micron Technology Inc.
  • TEPL was founded in 2020 as a greenfield venture of the Tata Group with expertise in manufacturing precision components.
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 State Affairs

3. Assam, Arunachal signs MoU on the border dispute

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  • Assam government has signed an MoU with the Arunachal Pradesh government to resolve the long pending border dispute between both states.
  • The MoU was signed in presence of Union Home Minister Amit Shah in New Delhi on April 20.
  • The Assam cabinet has approved the recommendations of 12 Regional Committees formed by the state government to resolve the decades-long border dispute issues with Arunachal Pradesh.
  • Assam shares an 804 km long boundary with Arunachal Pradesh.
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 National & International Appointments

4. HSBC India ropes in Virat Kohli as their brand influencer

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  • Former Indian men's cricket team captain, Virat Kohli has been appointed as the brand influencer of HSBC India.
  • HSBC India is also set to launch a multimedia campaign featuring Kohli, aimed at re-establishing the value proposition of banking with the company.
  • Virat Kohli will help to amplify HSBC’s purpose of opening up a world of opportunity as it strives to support the ambitions of an aspirational India going global.
  • HSBC India CEO: Hitendra Dave 
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 Banking & Finance

5. RBI allows AU SFB, Equitas Bank to deal with foreign exchange

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  • RBI has approved the AU Small Finance Bank and Equitas Bank to deal in foreign exchange.
  • AU SFB informed that RBI has granted the Licence to act as Authorized Dealer Category-I (AD-I) under section 10 of FEMA, 1999 to deal in foreign exchange.
  • The permission is subject to compliance with applicable regulations.
  • Equitas Small Finance Bank has also received Authorized Dealer Category-I (AD-I) License from RBI.
    AU Small Finance Bank CEO: Sanjay Agarwal
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 National Affairs

6. Agriculture Minister launched SATHI Portal & Mobile App

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  • Agriculture Minister, Narendra Singh Tomar launched the SATHI Portal and Mobile App to deal with the challenges of seed production, quality seed identification, and seed certification.
  • SATHI refers to Seed Traceability, Authentication, and Holistic Inventory.
  • It has been developed on the theme of Uttam Beej - Samriddh Kisan.
  • The minister highlighted that the government is constantly trying to overcome the challenges and difficulties faced by farmers.
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 National Affairs

7. NHAI to create around 10,000 km of Digital Highways by FY 2024 - 25

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  • NHAI is working towards the development of around 10,000 km of Optic Fibre Cables (OFC) infrastructure across the country by FY2024-25.
  • The network of Digital Highways will be implemented by the National Highways Logistics Management Limited (NHLML), a fully owned SPV of NHAI.
  • Under the pilot routes for the Digital Highway development, around 1,367 km on Delhi - Mumbai Expressway and 512 km on Hyderabad - Bangalore Corridor have been identified.
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 Books & Authors

8. Cricketer Faf du Plessis's autobiography is to be released in May 2023

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  • South African cricketer, Francois ‘Faf’ du Plessis's memoir 'Faf Through Fire' is all set to release in India in May 2023.
  • The book is published by Penguin Random House India.
  • Presently, he is the captain of the Indian Premier League’s Royal Challengers Bangalore team.
  • He is also the former Captain of the South African National Cricket team.
  • In his upcoming memoir, he has shared his journey as a cricketer, love for the game, and also reveals his struggles and triumphs.
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 Honours & Awards

9. Angela Merkel receives Germany's highest Order of Merit

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  • Former Chancellor Angela Merkel received the highest Order of Merit of Germany from the President of Germany, Frank-Walter Steinmeier.
  • The award has only been given twice before, to former chancellors Konrad Adenauer and Helmut Kohl.
  • All three former leaders belong to the conservative Christian Democratic Union (CDU).
  • The Order of Merit entails no financial reward.
  • Merkel led Germany from 2005 to 2021, totaling four terms in office.
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 Science & Technology

10. IIT Roorkee signs pact with Taiwanese centre

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  • IIT Roorkee has signed an MoU with the National Science and Technology Centre for Disaster Reduction (NCDR), Taiwan.
  • Aim: To develop scientific and academic cooperation and scientific research to promote relations and mutual understanding between NCDR and the Centre of Excellence in Disaster Mitigation and Management of IIT Roorkee
  • The main objective is to develop a technological solution to natural hazards, including earthquakes, landslides, and compound disasters. 
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 National & International Organizations

11. India surpasses China as world’s most populous nation: UN

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  • According to the UN data, India has surpassed China to become the world's most populous nation with 142.86 crore people.
  • China has a population of 142.57 crore.
  • In 2016, China ended its strict "one-child policy" and started letting couples have three children in 2021.
  • According to the UN data, the global population will have hit 8.045 billion by mid-2023.
  • Factors Influencing population growth: Fertility rate, Increasing longevity, International migration
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 Banking & Finance

12. South Indian Bank debuts 2 flexible savings accounts for NRIs

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  • South Indian Bank has introduced SIB SEAFARER and SIB PULSE, two flexible saving accounts, for NRI customers.
  • SEAFARER:
    • Flexibility to maintain a minimum balance of Rs.10,000/- in linked accounts
    • No minimum balance is required for the maintenance of the NRI Term Deposit of Rs.2 lakh and above
  • PULSE:
    • Flexibility to maintain a minimum balance of Rs.10,000/- in linked accounts
    • NR Term Deposit above Rs.2 Lakh or RD with minimum monthly installment above Rs.20,000/-
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 National & International Organizations

13. World's Wealthiest Cities Report 2023 released

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  • According to the World's Wealthiest Cities Report 2023, published by Henley & Partners and New World Wealth, New York City has emerged as the wealthiest city in the world, with 340,000 resident millionaires.
  • Tokyo with 290,300 resident millionaires, ranked second, followed by The Bay Area, London, and Singapore.
  • While the US has topped the list in the number of wealthy cities, with 10 out of the top 50 cities in the world, followed by China, and Australia.
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Daily GK Update: 20th April 2023

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