Karnataka Bank reappoint Mahabaleshwara M S as MD and CEO for 3 yrs

Karnataka Bank reappoint Mahabaleshwara M S as MD and CEO for 3 yrs - Part 3149_4.1

Karnataka Bank has received Reserve Bank of India nod for reappointment of Mahabaleshwara M S as MD and CEO for next 3 years. Mahabaleshwara took charge as MD & CEO of Karnataka Bank on April 12, 2017 and has over 29 years of banking experience both at administrative and operational levels. The RBI has also approved for reappointment of P Jayarama Bhat as part-time (non-executive) chairman to hold office up to November 13, 2021.

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Important takeaways for all competitive exams:

  • Karnataka Bank Limited Headquarters: Mangalore, Karnataka.
  • Karnataka Bank Limited Tagline: Your Family Bank Across India.

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Karnataka Bank reappoint Mahabaleshwara M S as MD and CEO for 3 yrs - Part 3149_5.1

Ahmedabad station becomes 1st station to get sanitizing tunnel

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Under Western Railway, Ahmedabad railway station at Kalupur, Gujarat becomes the 1st station of Indian Railways (IR) to install a “Walk Through Mass Sanitizing Tunnel”. This Walk Through Mass Sanitizing Tunnel is installed to ensure the safety of staff and passengers in the view of the COVID-19.

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What is Sanitizing tunnel?

The tunnel uses WHO (World Health Organization) approved sanitizer and fitted with a sensor, so that when a passenger approaches the tunnel entrance it starts fogging automatically. The sanitization system runs on the principle of Vaporization process which converts the sanitizer mixture into vapour which forms a uniform layer over the surface & dries up quickly.

Important takeaways for all competitive exams:

  • Chairman of Railway Board: Vinod Kumar Yadav.
  • Headquarters of Indian Railway: New Delhi.
  • Minister of Railway: Piyush Goyal.

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Karnataka Bank reappoint Mahabaleshwara M S as MD and CEO for 3 yrs - Part 3149_5.1

Prasar Bharti launches new channel “DD Retro”

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India’s Public service broadcaster Prasar Bharti has rolled out a new channel called DD Retro. The new channel “DD Retro” would be specifically dedicated to old classics of Doordarshan. The channel has been launched by Prasar Bharti in the wake of the covid-19 pandemic to keep viewers engaged.

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DD Retro is presently airing the same shows that DD National had started airing again in the wake of the COVID-19 outbreak. These favourite memorable serials of Doordarshan includes that of mythological epics Ramayana and Mahabharat, historical drama Chanakya and superhero series Shaktimaan. The list also features comedy drama Shriman Shrimati, detective show Byomkesh Bakshi, drama show Hum Hain Na and Shah Rukh Khan’s Circus.

After the return of these memorable classics, Doordarshan has also emerged as the most watched channel in India, surpassing any other genre in the Hindi-speaking markets.

Important takeaways for all competitive exams:

  • CEO of Prasar Bharati: Shashi S. Vempati.

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Karnataka Bank reappoint Mahabaleshwara M S as MD and CEO for 3 yrs - Part 3149_5.1

GMR Airports to develop & operate airport in Andhra Pradesh

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GMR Airports Limited will develop & operate Bhogapuram International Airport in Andhra Pradesh. Government of Andhra Pradesh has issued a “Letter of Award” (LoA) to GMR Airports Limited for the development of greenfield international airport at Bhogapuram.

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The project of the greenfield International Airport at Bhogapuram, Andhra Pradesh involves its design, build, finance, construction, development, up-gradation, modernization, operation and maintenance for 40 years, which will be extendable by additional 20 years.

On a public-private partnership basis, GMR Airports Limited emerged as the highest bidder for project in February 2019. GMR Airports Limited is the subsidiary of GMR Infrastructure.

Important takeaways for all competitive exams:

  • Chief Minister of Andhra Pradesh: YS Jagan Mohan Reddy.
  • Governor of Andhra Pradesh: Biswa Bhusan Harichandan.

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Karnataka Bank reappoint Mahabaleshwara M S as MD and CEO for 3 yrs - Part 3149_5.1

British Comedian Tim Brooke-Taylor passes away

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British Comedian Tim Brooke-Taylor has passed away due to novel coronavirus. The comedian was popular as one third of the famous 1970s show The Goodies, and I’m Sorry I Haven’t A Clue.

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Tim Brooke-Taylor’s career spanned more than six decades and he also started his own broadcasting career on BBC radio later became a long-standing panellist on Radio 4’s I’m Sorry I Haven’t A Clue. The actor, writer and comedian was appointed as an Officer of the Order of the British Empire (OBE) in the Queen’s Birthday Honours list for his services to entertainment.

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Karnataka Bank reappoint Mahabaleshwara M S as MD and CEO for 3 yrs - Part 3149_5.1

Centre plans to set up ‘Suraksha Stores’ to meet daily needs

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The government of India plans to set up a chain of 20 lakh retail shops called ‘Suraksha Stores’ across India. These ‘Suraksha Stores’ will provide daily essentials to citizens while maintaining stringent safety norms in the wake of COVID-19.

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What is Suraksha Stores?

The plan is to get the mohalla’s Kirana stores to be converted into ‘Suraksha Stores’. It will supply daily items. Every kind of precaution related to cleanliness and community distance will be taken at these shops. These shops will also be disinfected. These stores will not only be for groceries but also apparel, consumer durables and salons.

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Karnataka Bank reappoint Mahabaleshwara M S as MD and CEO for 3 yrs - Part 3149_5.1

Legendary driver Stirling Moss passes away

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The legendary motor-racing driver, Sir Stirling Moss has passed away. Moss was widely regarded as the greatest driver never to win the Formula One drivers’ world championship. The British driver took part in Formula One from 1951 to 1961 and also made 67 starts in the F1 World Championship, claiming victory winning 16 races and claiming 16 pole positions and 24 podium positions.

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Sir Stirling Moss was named the BBC’s sports personality of the year in year 1961. In an illustrious career, he raced for Mercedes-Benz, Maserati, Vanwall, Rob Walker’s private Cooper team and Lotus, and was affectionately known as “Mr. Motor Racing”.

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Karnataka Bank reappoint Mahabaleshwara M S as MD and CEO for 3 yrs - Part 3149_5.1

Former Chelsea goalkeeper Peter Bonetti passes away

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Former England and Chelsea goalkeeper Peter Bonetti passed away. He was part of England’s 1966 World Cup-winning team but was unused throughout the tournament. He was featured in 1970 World Cup quarter-final defeat by West Germany. He was nicknamed as ‘The Cat’ because of his safe handling, lightning reflexes and his graceful style.

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Karnataka Bank reappoint Mahabaleshwara M S as MD and CEO for 3 yrs - Part 3149_5.1

Google and Apple collaborate to fight against COVID-19

 

Google and Apple collaborate to fight against COVID-19 through contact tracing technology. Both tech-giants have collaborated to enable the use of Bluetooth technology to help governments and health agencies reduce the spread of the Corona Virus, with user privacy and security central to the design.

Google and Apple will be launching a comprehensive solution that includes application programming interfaces (APIs) and operating system-level technology to assist in enabling contact tracing. Contact tracing is a valuable tool to help contain COVID-19 spread. The joint initiative by Apple and Google will contribute to the cause.

Important takeaways for all competitive exams

  • Google CEO: Sundar Pichai; Headquarters: California, United States.
  • Apple Inc. CEO: Tim Cook; Headquarters of Apple Inc: California, USA.

Double Layered Khadi Masks developed by KVIC

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Khadi and Village Industries Commission (KVIC) has developed a double layered Khadi mask in order to curb the spread of COVID-19. KVIC has also bagged large orders for the supply of double layered Khadi mask in large quantities.

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About Double Layered Khadi Mask:

The Double Layered Khadi Mask has been developed by Khadi and Village Industries Commission (KVIC) with the help of Double Twisted Khadi fabric. The Double Twisted Khadi fabric helps in retaining 70% of the moisture content inside and also allows an easy passage for the air to pass through. These masks can easily be reused, washable and biodegradable as they are made of hand spun hand woven khadi fabric.

The Khadi Stitching Center at Nagrotta near Jammu has been transformed into a Mask stitching center. This newly formed Mask stitching center is producing 10,000 masks per day and the remaining orders are being distributed amongst various Self Help Groups (SHGs) and Khadi institutions in and around Srinagar.

KVIC bags large orders:

The KVIC Khadi and Village Industries Commission (KVIC) has recently bagged an order according to which it has to supply 7.5 lakh pieces of Khadi Masks to Jammu & Kashmir Government.

Important takeaways for all competitive exams:

  • Chairman of Khadi and Village Industries Commission (KVIC): V.K. Saxena.
  • Lieutenant Governor of Jammu and Kashmir: Girish Chandra Murmu.

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Karnataka Bank reappoint Mahabaleshwara M S as MD and CEO for 3 yrs - Part 3149_5.1

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