Daily GK Update 13th October 2016, Important Current Affairs

1. International Day for Disaster Reduction is observed annually on 13 October.

2. American singer-songwriter Bob Dylan has been awarded the Nobel Prize in Literature 2016 "for having created new poetic expressions within the great American song tradition".

3. Public lender Bank of Baroda today sealed a principal sponsorship contract with badminton Olympians P V Sindhu and K Srikanth.

4. State-run Bank of Maharashtra has renewed its corporate agency tie-up with United India Insurance Company.

5. Former Uttarakhand chief minister Ramesh Pokhriyal Nishank has been conferred with a prestigious award by the Ugandan government for promoting human values through his literature.

6. India donated Rs. 9.3 million to the Nelson Mandela Foundation to help it in its welfare work for the people of South Africa.

7. ICICI Bank has become the first Indian lender to complete a banking transaction using Blockchain technology.

8. Punjab Agricultural University and FieldFresh Foods, a joint venture between Bharti Enterprises & Del Monte Pacific Limited have signed a Memorandum of Understanding (MoU) to carry out a corn productivity research programme.

9. Union Cabinet today approved a pact between Export-Import Bank of India and BRICS-promoted New Development Bank, along with other development financial institutions of member nations, with an aim to strengthen trade and economic ties. 


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