Current Affairs Quiz - January, 2020

Notes:
Automobile Major Hyundai recently unveiled an air electric taxi, developed in collaboration with Uber, in the Consumer Electronics Show 2020.
According to their partnership, Hyundai will develop and deploy vehicles and Uber will provide support service, ground transport connection and customer Interface. Uber is to launch urban commercial flights by 2023 and Hyundai is its first carmaker partner in the project.

Notes:
Tamil Nadu based leading Public sector bank, Indian Bank recently signed an MoU with the Women Entrepreneurs Welfare Association (WEWA), Tamil Nadu. By this partnership, Indian bank will provide financial assistance and training to the members of the association for starting their business.
The entrepreneurs will also be provided credit facilities with discounted rates. The members of WEWA will be trained in INDSETIs (Indian Bank Self-Employment Training Institutes) of Indian Bank society.

Notes:
The international sports event for the members of the Common wealth, the Commonwealth Games of 2022 will be conducted in the city of Birmingham, England. England plays host to the event for the third time. The prestigious event is scheduled to take place between July 27 and August 7, 2020.
Recently, Commonwealth Games India (CGI) submitted its proposal to host a Commonwealth shooting event and an archery event in India during 2022. But the federation is yet to announce that if the medals won in the proposed Shooting Championship will be added to the final CWG tally of the countries.

Notes:
The Director General of Indian Council of Agricultural Research (ICAR) recently announced that the ‘Farmers’ Innovation Fund’ would be set by next financial year. The announcement was made during the Farmers’ Science Congress, the first of its kind event, organised as a part of the National Science Congress.
He announced that an innovation centre would be established in New Delhi, which would assist the farmers in their research and would authenticate the innovations of the farmers. At present, the Krishi Vigyan Kendras record the innovations of farmers.

Notes:
MILAN is a multilateral naval exercise, which is scheduled to be held at Vishakhapatnam in March 2020. The event was previously planned at Andaman and Nicobar Islands and then has been changed to Vishakhapatnam as navies from many countries are participating in the event.
Nearly 30 international navies have confirmed their participation in the event. The theme of the exercise is “Synergy Across the Seas”. This event would help the navies to have professional discussions and learn the best practices in the naval arena across the world.

Notes:
The World Bank has recently released its ‘January 2020 Global Economic Prospects report’. The GDP growth of India for FY20 is estimated to be 5%. The GDP growth for the year 2021-22 is also lowered to 5.8% in the report.
The credit instability of the weak Non-Banking Finance Companies (NBFCs) is cited to be the reason for the downgrade. Recently the Reserve Bank of India and the Central Statistical Office of the country also lowered the growth rate to 5% for this fiscal year.

Notes:
An International Conference cum Exhibition on Civil Aviation sector named ‘WINGS INDIA 2020’ is scheduled to be organised from March 12 to March 15, 2020. The event is to be held at Begumpet Airport in Hyderabad.
Recently the Civil Aviation Minister Hardeep Puri participated in the curtain raiser event for the WINGS INDIA Conference in New Delhi. The Ministry of Civil aviation is to organise the event in association with the industry body FICCI. This is one of the largest events on Civil Aviation in Asia.

Notes:
The article 19 (1) (a) confers the right to freedom of speech and expression while the sub clause (g) of the article provides the right to practise any profession, or to carry on any occupation, trade or business.
Recently the Supreme Court of India declared that freedom of speech and expression and freedom to carry on a business through Internet also enjoys constitutional protection under the Article 19(1)(a) and 19(1)(g). This landmark judgement came at the backdrop of the five-month restriction on Internet imposed in the Jammu and Kashmir UT.

Notes:
The Global political risk consultancy, Eurasia Group recently released the list of ‘Top Risks 2020’ ranking the biggest geo-political risks of the world. In the list, India under the Modi Government is placed as the 5th biggest risk. Ian Bremmer and Cliff Kupchan of Eurasia name it as ‘India gets Modi-fied’
The group releases the ‘Top Risks’ list every year in the month of January. This year, the top three risks in the list are unstable US domestic politics under President Donald Trump, Separation of US and China in the technology sphere, and unfriendly US-China relations.

Notes:
HDFC and its subsidiary HDFC ERGO has got approvals the Competition Commission of India (CCI) , the Reserve Bank of India (RBI) and the Insurance Regulatory and Development Authority of India (IRDAI) for acquiring a majority stake in Apollo Munich. HDFC acquired 50.80 % stake of Apollo Hospitals Group in Apollo Munich for ₹1485 crore
It was also announced that after the acquisition, Apollo Munich Health Insurance Co Ltd has been renamed as HDFC ERGO Health Insurance Ltd and will operate as a subsidiary of HDFC.