Current Affairs Quiz - November, 2020

Notes:
India has recently signed reached landmark agreements on financial services, infrastructure and sustainable finance.
These were signed at the 10th Economic and Financial Dialogue (EFD) between the UK and India. It was jointly chaired by Finance Minister Nirmala Sitharaman and the UK Chancellor Rishi Sunak. This is expected to boost jobs and investments in both countries.

Notes:
The Government of India has notified that that no leather footwear can be produced, sold, traded, imported or even stocked, unless they bear the BIS mark.
The notification has been issued by the Department for Promotion of Industry and Internal Trade (DPIIT). This move is aimed to contain import of cheaper leather products in India.

Notes:
Food Corporation of India and other Government agencies are set to procure 742 Lakh Metric tonnes of paddy during the ongoing Kharif season.
This is seen as a record high paddy procurement. The paddy procurement made by the Government last year was 627 Lakh Metric Tonnes. The number of purchase-centres this year have been increased from 30,791 to 39,122.

Notes:
The people of New Zealand, in a recent referendum have voted to legalise euthanasia. Preliminary results of the referendum showed that 65.2% of voters supported the End of Life Choice Act coming into force as a new law.
The proposed law will permit terminally ill people with less than 6 months of life to choose assisted dying, if approved by 2 doctors.

Notes:
The Central Government is set to release the second tranche of Rs 6,000 crore to 16 states and 3 union territories.
As per the recent statement from the Finance Ministry, the total amount released to states to meet the compensation shortfall under goods and services tax (GST) under the special window is Rs 12,000 crore.

Notes:
As per the CEO of NITI Aayog, the number of Unified Payments Interface (UPI)-based transactions crossed the 2 billion mark in October 2020.
The UPI transactions grew 80 per cent from 1.14 billion transactions that were recorded in October 2019. This has signified that the digital mode of payments has been widely accepted by the people.

Notes:
The Panna Biosphere Reserve that is located in Madhya Pradesh, has been included in the UNESCO’s “World Network of Biosphere Reserves”. Additionally, Fuvahmulah and Addu Atoll of Maldives have also been included in the list.
Panna is a critical tiger habitat in India and it was accorded Biosphere Reserve status by Government of India in 2011.

Notes:
On November 1, several Indian states like Tamil Nadu, Kerala, Haryana, Madhya Pradesh, Chhattisgarh and Karnataka were formed.
The day is recognised as Statehood Day or State Formation Day. Andhra Pradesh, Tamil Nadu, Karnataka, Madhya Pradesh and Kerala were formed in 1956. Punjab and Haryana were formed in 1966.

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:
A Memorandum of Understanding (MoU) with Ministry of New and Renewable Energy (MNRE) has been signed by Indian Renewable Energy Development Agency (IREDA). The MoU sets key targets for IRDAI to be achieved in the year 2020-21.
IREDA is a “Mini Ratna” Public Sector Enterprise under the Ministry of New and Renewable Energy. It is categorized as a Public Financial Institution and NBFC by Reserve Bank of India.