Current Affairs Quiz - November, 2020

Notes:
NITI Aayog and Quality Council of India has recently launched the ‘National Program and Project Management Policy Framework’ (NPMPF).
The report aims to bring radical reforms in the way infrastructure projects are executed in India. Union Road Transport Minister Nitin Gadkari also released the Indian Infrastructure Body of Knowledge (InBoK).

Notes:
Kerala aims to start providing free, high-speed Internet to schools, public offices, and poor households in the state by December, this year.
Kerala is the first among all states to launch such project, which is similar to the Centre’s BharatNet project. The Kerala Fibre Optic Network Project or KFON has awarded the contract to a consortium led by public-sector company Bharat Electronics Limited.

Notes:
The percentage of Goods and Service Tax (GST) is decided by GST Council, headed by the Union Finance Minister.
Ministry of Finance has recently published that the GST revenue that has been collected for the month of October 2020 has crossed Rs 1 lakh crore, which is a highest collection after 8 months. The GST revenue collection for the month of Oct 2020 stood at Rs.1,05,155 crore.

Notes:
British Racing Driver Lewis Hamilton has recently won the Formula One Emilia-Romagna Grand Prix Tournament.
Mercedes officially clinched the 2020 constructors’ championship. Another Racing Driver Max Verstappen came second while Valtteri Bottas came at the third spot. Hamilton won his third straight race.

Notes:
Union Finance Ministry of India has recently announced that Abu Dhabi’s Sovereign Wealth Fund (SWF) has become the first foreign SWF that has been notified.
MIC Redwood 1 RSC Limited will get 100 per cent income tax exemption for the long-term investments to be made in specific priority sectors in India.

Notes:
As per the recent report released by the World Wide Fund for Nature (WWF), 30 Indian cities will face increasing water risks in the next few decades.
According to the WWF Water Risk Filter report, 30 Indian cities, including Jaipur, Kolkata, Bengaluru, Mumbai among others, will face acute water risks. The report estimates that hundreds of millions of people in cities across the globe could face water risks.

Notes:
TransUnion CIBIL in association with Ministry of Statistics & Programme Implementation (MoSPI) has launched the MSME Credit Health Index.
The index measures the growth and strength of the MSME sector in India. MSME Credit Health Index is built by TransUnion CIBIL using credit data furnished by lending institutions/ banks.

Notes:
The Business Expectation Survey is conducted by National Council for Applied Economic Research (NACER). As per the report of the survey, the Business Confidence Index (BCI) in India rose to 65.5 in the second quarter of FY 20 after recording a sharp drop to 46.4 in the first quarter.
NCAER is a non-profit think tank of economics based at New Delhi. Nandan Nilekani is president of the governing body and Dr Shekhar Shah is current director general of NCAER.

Notes:
The Union Minister of Science and Technology Minister Dr. Harsh Vardhan and Minister of State for Posts Sanjay Dhotre have released a Special Cover of Department of Posts.
The special postal cover was released in New Delhi, in order to commemorate the Golden Jubilee of Department of Science and Technology.

Notes:
The Indian Naval Ship Airavat carrying 100 tonnes of food aid has reached Sudan. This is a part of the “Mission Sagar-II” under which Indian Navy would deliver food aid to Sudan, South Sudan, Djibouti and Eritrea.
Earlier in May – June 2020, Mission Sagar was undertaken by the Indian Navy to provide food and medicines to Maldives, Mauritius, Seychelles, Madagascar and Comoros.