Daily GK Update: 4th September 2020

“India’s P Iniyan wins World Open Online Chess Tournament”

  • Indian Grandmaster P Iniyan has won the prestigious 48th Annual World Open online chess tournament.
  • He scored 5 pointsout of a possible 9 with six victories and three draws to finish on top.
  • A total number of 120 players from 16 countries participated in the event which included more than 30 Grandmasters.
  • On the way to his title, Iniyan defeated Grandmasters Baadur Jobava of Georgia, Sam Sevian, Sergey Erenburg of the USA and Nyzhyk Illia of Ukraine.

Source: Daily Hunt

“IIPA organizes “National Tribal Research Conclave””

  • The Union Minister for Tribal Affairs Shri Arjun Munda virtually inaugurated the two day National Tribal Research Conclave which is being held from 3-4 September 2020.
  • The Conclave has been organized by the Centre of Excellence (CoE) for Tribal Affairs, Ministry of Tribal Affairs and Indian Institute of Public Administration (IIPA).
  • The main objective of the conclave is to review the progress of various projects being implemented under different partnerships and the best practices to be show cased to all stakeholders
  • The Conclave was attended by more than 100 participants from all over the country.
  • This is the second workshop of its kind. First such workshop was organized in January 2020.

Source: ByScoop

“ICICI Bank launches ‘Home Utsav’, a virtual property exhibition”

  • ICICI Bank today announced the launch of ‘Home Utsav’, a virtual property exhibition that digitally showcases real estate projects by renowned developers from key cities across the country.
  • The exhibition is available for everyone, including ICICI Bank’s customers and those who are not customers of the Bank.
  • It offers them enhanced convenience, as they can simply browse through these projects online, from the comfort of their home and office.
  • They can also avail exclusive offers such as attractive interest rates, special processing fees and digital sanction of loans, on buying a property through this exhibition.

Source: Live Mint

“Raj Srivastava appointed as India’s Ambassador to Republic of Croatia”

  • Raj Kumar Srivastavahas been appointed as the next Ambassador of India to the Republic of Croatia.
  • He is an IFS officer of 1997 batch and is presently serving as the Deputy Chief of Mission in the Embassy of India, Tokyo.

Source: Daily Hunt             

“S Krishnan becomes new MD & CEO of Punjab & Sind Bank”

  • State-owned Punjab & Sind Bank said the government has appointed S Krishnan as the managing director and chief executive officer of the lender.
  • The Department of Financial Services, Ministry of Finance, through a notification dated September 3, 2020, appointed S Krishnan as MD and CEO of Punjab & Sind Bank
  • Previously, Krishan served as the executive director of Syndicate Bank from November 2017 to March 2020 and executive director of Canara bank from April 2020 to September 3, 2020.
  • He had joined Indian Bank in 1983. Krishnan has specialisation in credit, specifically corporate credit and risk management, the filing added.

Source: Outlook India

“Murali Ramakrishnan becomes new MD & CEO of South Indian Bank”

  • Murali Ramakrishnan will take over as the new managing director & CEO of Kerala-based South India Bank.
  • He retired from ICICI Bank as Senior General Manager at Strategic Project Group on May 30, 2020 and joined the Bank as an advisor on July 1, 2020.
  • The bank got the Reserve Bank of India’s approval for the appointment for a period of three years with effect from October 1, 2020.
  • During his tenure at ICICI Bank, in the last assignment, he was heading a business transformation project of SME business.
  • Murali Ramakrishnan was Chief Executive Hong Kong and Regional Head-North Asia, Sri Lanka, Middle East, and Africa.

Source: Business Standards          

“NTPC wins AIMA Chanakya National Management Games 2020”

  • Team NTPC Vallur from Tamil Nadu has overcome stiff challenge to emerge as winner at the recently concludedAIMA Chanakya (Business Simulation Game)National Management Games(NMG)2020, an all India competition for corporates.
  • The competition was organized by All IndiaManagementAssociation, a NTPC press release.
  • The victory was also significant since NTPC won the prestigious NMG for the first time in five years.
  • The team from NTPC Vallur, Tamil Nadu achieved the feat of being crowned the national champion after competing against teams from 112 organisations from different parts of the country.
  • Team NTPC Vallur qualified for the regional rounds, which was held online and subsequently qualified for the finals.

Source: Outlook India

“Saudi Arabia chairs G20 Foreign Ministers’ Extraordinary Meeting”

  • The G20 Foreign Ministers’ Extraordinary Meeting was held on 3 September 2020 under the current Chair, the Kingdom of Saudi Arabia, in the backdrop of the COVID-19 pandemic crisis.
  • The Minister of Foreign Affairs of Kingdom of Saudi Arabia, His Highness Prince Faisal Bin Farhan Al-Saud, chaired the virtual meeting.
  • From India External Affairs Minister Dr. S. Jaishankar represented the meeting.
  • The discussions were held on strengthening international cooperation across borders in wake of COVID-19 crisis.
  • S. Jaishankar also proposed development of voluntary ‘G20 Principles on Coordinated Cross-Border Movement of People’ with three elements:
    • Standardisation of testing procedures and universal acceptability of test results;
    • Standardisation of ‘Quarantine procedures’;
    • Standardisation of ‘movement and transit’ protocols.

Source:  ByScoop

“A new book titled “Let Us Dream” by Pope Francis”

  • Pope Francisis set to release the book “Let Us Dream” in December 2020.
  • In the book, Pope Francis explains how a crisis can teach an individual to deal with problems they face in their lives.
  • He cites three major crises from his own personal life.
  • The book will be an outcome of numerous exchanges between Pope Francis and his Biographer Austen Ivereigh in the weeks following the Coronavirus outbreak around the world.
  • Austen Ivereigh is a Roman Catholic Journalist, Commentator, the author based out of Britain.
  • The book is being published by Simon & Schusterand will be released in English and Spanish Editions simultaneously.

Source:  Daily Hunt

“Former England Cricketer David Capel passes away”

  • David Capel, the former cricket allrounder who played 15 Tests and 23 one-day internationals for England from 1987-1990, has died after a long illness.
  • He was 57.
  • Northamptonshire, the English county side where Capel spent 32 consecutive years as a player and then coach, announced he died at his home.
  • The team said Capel had been diagnosed with a brain tumor in 2018.
  • Capel made 270 first-class appearances for Northamptonshire from 1981-1998 and became the first cricketer born in the county to play a test for England in 77 years when he made his debut against Pakistan in July 1987.

Source:  Hindustan Times