DAILY GK: 15 DEC 2020

 DAILY GK: 15 DEC 2020

1.  BANGLADESH-INDIA COTTON FEST 2020

•      2nd Bangladesh-India Cotton Festival 2020 was held at Hotel Radisson Blu Water Garden in Dhaka, Bangladesh. 

•      It was jointly organized by Bangladesh Cotton Association (BCA), Bangladesh Textile Mills Association (BTMA), Indian Cotton Association Ltd. (ICAL), India-Bangladesh Chamber of Commerce and Industry (IBCCI).

•      Bangladesh is projecting an import of 9 million bales by the year 2021.

 

2. EXIM BANK EXTENDS $ 448-M LOC TO UZBEKISTAN

•      Export-Import Bank of India (Exim Bank), on behalf of the Government of India, has extended a Line of Credit (LOC) of $448 million to the Government of Republic of Uzbekistan for financing the latter’s various projects in the Roads & Transport, Water and Technology & Communication sectors.

•      The agreement for the same was inked by Deputy Prime Minister & Minister of Investments and Foreign Trade, Sardor Umurzakov, Uzbekistan and Nirmit Ved, General Manager, Exim Bank.

 

3. SEBI FORMS CFID TO CHECK PROMOTER FRAUDS

•      Market watchdog Securities and Exchange Board of India (SEBI) has set up a specialised department Corporation Finance Investigation Department (CFID) to tackle initial public offering (IPO) proceed fraud, diversion of funds, bank loans and resources by company promoters.

•      The new department will be headed by SEBI’s executive director.

•      Nagendraa Parakh, who is currently heading Market Intermediaries Regulation and Supervision Department (MIRSD) is named for the same.

 

4. RBI TO SETUP AUTOMATED BANKNOTE PROCESSING CENTRE IN JAIPUR

•      RBI has decided to set up an Automated Banknote Processing Centre (ABPC) in Jaipur, Rajasthan for automated receipt, storage of fresh banknotes received from the printing presses, and then retrieval and dispatch of these banknotes to the identified issue offices (IOs)/currency chests (CCs).

•      The centre will also demolish destruction of soiled banknotes.

•      This all process will be done in an automated manner.

 

5. SHEIKH MUJIBUR RAHMAN INTERNATIONAL PRIZE

•      The United Nations Educational, Scientific and Cultural Organization(UNESCO) in its 210th Executive Board has unanimously adopted the proposal to launch a USD 50,000 ‘UNESCO-Bangladesh Bangabandhu Sheikh Mujibur Rahman  International Prize’ for  the  Creative  Economy.

•      It is UNESCO’s  1st award  in  the  field  of  the  creative economy.

•      The prize is named after Bangabandhu(Friend of Bengal) Sheikh Mujibur Rahman(Sheikh Mujib or Mujib), the ‘Father of the Nation of Bangladesh’.

 

6. ABU DHABI GRAND PRIX

•      Dutchman Max Verstappen won the Abu Dhabi Grand Prix in a crucial race, making his second win of the year.

•      He made his first win of the year at the special 70th Anniversary Grand Prix held at the Silverstone Circuit in the United Kingdom.

 

7. INTERNATIONAL ONLINE SHOOTING CHAMPIONSHIP (IOSC)

•      Junior Asian Champion Yash Vardhan won gold medal in the 10 m air rifle event at the 6th International Online Shooting Championship (IOSC), the event saw the participation of Olympic bound Martin Strempfl of Austria who won the silver medal and Oleksandr Halkin from Ukraine won the bronze.