Daily Current Affairs Quiz: December 05, 2020

Notes:
BrahMos Aerospace is a joint venture company set up by Defence Research and Development Organisation (DRDO) and Mashinostroyenia of Russia.
Recently, Indian Navy test-fired the naval version of BrahMos missile in the Bay of Bengal. The missile was test-fired from a Rajput-class destroyer INS Ranvijay, hitting a decommissioned target ship. Earlier, the Indian Army and Air Force test-fired the missile.

Notes:
State Bank of India has partnered with National Payments Corporation of India (NPCI) and Japan’s JCB International Co to launch new ‘SBI RuPay JCB Platinum Contactless Debit Card’.
This card has a dual interface feature, under which customers can use it for both contact and contactless transactions, both in the domestic market as well as overseas. The card has been launched on the RuPay network.

Notes:
China launched the ambitious ‘One Belt and One Road’ (OBOR) initiative in 2013, to link Southeast Asia, Central Asia, the Gulf region, Africa and Europe with a network of land and sea routes.
During the 19th meeting of the Council of Heads of Governments of the SCO, all other member nations of SCO, except India reaffirmed their support to the OBOR project of China. India is critical of the China Pakistan Economic Corridor (CPEC), a part of OBOR.

Notes:
Union Minister for Finance & Corporate Affairs Nirmala Sitharaman delivered a Keynote Address at the 20th Edition of Sri Lanka Economic Summit (SLES) 2020 in virtual format.
SLES is annually organized by the Ceylon Chamber of Commerce (CCC). The theme for this year’s event is “Roadmap for Take-off: Driving a People –Centric Economic Revival”.

Notes:
Indian Oil Corporation (IOC) has recently launched the nation’s first 100 Octane petrol. Union Oil Minister Dharmendra Pradhan launched the petrol.
The 100-octane petrol also called as XP100 premium petrol will be initially available at select outlet of IOC in 10 cities. The fuel is manufactured at IOC’s Mathura refinery in Uttar Pradesh. Hindustan Petroleum Corporation Ltd (HPCL) had earlier launched Octane 99. Higher the octane number of a fuel, higher will be its compression and performance.