Daily Current Affairs 11 January 2020

Daily Current Affairs 11 January 2020: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 11 January 2020. It includes all Major National, International, Business and Sports related current affairs of 11 January 2020. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through these current affairs we would recommend to you to try 11 January 2020 Current affairs test.

National News

1. MSME International Trade Fair

• Chief Minister Naveen Patnaik inaugurated the 8th edition of Odisha MSME International Trade Fair 2020 in Bhubaneswar.
• A unique opportunities to MSME Entrepreneurs to showcase their products and services before National and International visitors.

2. Institute of Teaching and Research in Ayurveda, Jamnagar

• Government of India has conferred the status of Institution of National Importance to the Institute of Teaching and Research in Ayurveda, Jamnagar, by conglomerating the cluster of Ayurveda Institutes at Gujarat Ayurveda University (GAU) campus, Jamnagar.
• Institute of National Importance (INI) is a status that may be conferred on a premier public higher education institution in India by an act of Parliament of India, an institution which “serves as a pivotal player in developing highly skilled personnel within the specified region of the country/state”.

3. Indradhanush Natural Gas Pipeline Grid project.

• Government of India has authorized the amount of Rs 5559 crore for Indradhanush Natural Gas Pipeline Grid project.
• The amount will be used to set up Natural Gas Pipeline Grid connecting 8 North Eastern states.
• The 8 North Eastern states includes: Assam, Arunachal Pradesh, Meghalaya, Manipur, Mizoram, Nagaland, Tripura and Sikkim.

4. Minati Mishra passes away

• Veteran Odissi dancer Minati Mishra passed away.
• She was reported in 2011 to be the oldest-living Odissiperformer. The Government of India honored Mishra in 2012, with the fourth-highest civilian award of Padma Shri.

International News

1. Naval Exercise ‘Naseem Al Bahr’

• India and Oman will conduct 12th edition of bilateral maritime exercise ‘Naseem Al Bahr’ in Mormugao Port, Goa.
• Oman Capital: Muscat || Currency: Omani rial.

2. Top 10 Geo-political Risk of 2020

• India under Prime Minister Narendra Modi has been listed as the 5th biggest Geo-political Risk of 2020.
• 1. RIGGED!: WHO GOVERNS THE US?
• 2. THE GREAT DECOUPLING
• 3. US/CHINA
• 4. MNCS NOT TO THE RESCUE
• 5. INDIA GETS MODI-FIED
• 6. GEOPOLITICAL EUROPE
• 7. POLITICS VS. ECONOMICS OF CLIMATE CHANGE
• 8. SHIA CRESCENDO
• 9. DISCONTENT IN LATIN AMERICA
• 10. TURKEY

3. South Asian Trade and Travel Exchange Expo 2020

• The 27th edition of South Asian Trade and Travel Exchange Expo 2020 was held in New Delhi.
• It was sponsored by Ministry of Tourism, Government of India and sponsored by Jammu & Kashmir Tourism Department.

Business News

1. Deutsche Bank projects India’s economy

• Deutsche Bank has projected that Indian economy will reach $7 trillion by 2030 in its research report “Imagine 2030”.
• Deutsche Bank AG is a German multinational investment bank and financial services company headquartered in Frankfurt, Germany. The bank is operational in 58 countries with a large presence in Europe, the Americas and Asia. As of April 2018, Deutsche Bank is the 17th largest bank in the world by total assets.
• CEO: Christian Sewing || Headquarters: Frankfurt, Germany

2. New chairman of Apparel Export Promotion Council of India

• A Sakthivel has been appointed as the new chairman of Apparel Export Promotion Council of India (AEPC)
• Incorporated in1978, AEPC is the official body of apparel exporters in India that provides invaluable assistance to Indian exporters.

3. World Bank projects India’s Growth Rate

• World Bank in its Global Economic Prospects report, has projected India’s growth rate at 5% for fiscal year 2020 and 5.8% for fiscal year 2021.
• President of World Bank: David R. Malpass || Headquarter: Washington DC.

4. SBI’s Report ‘Ecowrap’

• SBI in its report ‘Ecowrap’ has lowered India’s Growth Rate to 4.6% for FY 2020.
• Chairperson of SBI: Rajnish Kumar || Headquarters: Mumbai || Founded: 1 July 1955.

Sports News

1. Khelo India Youth Games

• Hima Das will be the torchbearer in Khelo India Youth Games opening ceremony
• Hima Das, nicknamed the Dhing Express, is an Indian sprinter from the state of Assam. She holds the current Indian national record in 400 metres with a timing of 50.79 s that she clocked at the 2018 Asian Games in Jakarta, Indonesia.

2. Daniele De Rossi retires

• Italian Veteran footballer Daniele De Rossi announced his retirement.
• He won the 2006 world cup title for Italy after defeating France. He has played 117 games for Italy from 2004-17.

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