Current Affairs Quiz - November, 2020

Notes:
The Government of India has decided to extend the Income tax exemption available under leave travel concession (LTC) cash voucher scheme to non-central government employees also. This is aimed to boost the consumer spending.
Non-central government employees will include employees of state governments, public sector enterprises, banks and private sector.

Notes:
Prime Minister Narendra Modi has recently inaugurated 17 tourism projects around the Statue of Unity complex, at Kevadia in Narmada District, Gujarat.
Sardar Patel’s birthday is being celebrated as Ekta Divas. The Prime Minister inaugurated the projects on the same day, and the 17 tourism projects are called the “Kevadia tourism circuit” have been themed around “Unity”.

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 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:
The state government of Tamil Nadu has notified 100 per cent motor vehicle tax exemption for transport and non-transport Electric Vehicles.
The state has also planned to set up the first exclusive park for the electric vehicle, for the first time in the country. The state has targeted investments of around Rs 50,000 crore in the Electric Vehicle segment and has announced several incentives to attract investments.

Notes:
E-commerce giant Flipkart has recently acquired mobile gaming start-up Mech Mocha, which runs the first live-social gaming platform, ‘Hello Play’.
After the acquisition, the intellectual property from the start-up and the skilled gaming team will also join Flipkart. This is a part of the Walmart-owned company’s initiatives to engage with users on its platform.

Notes:
Priyanca Radhakrishnan became New Zealand’s first-ever Indian-origin minister after Prime Minister Jacinda Ardern announced five new ministers into her executive.
The 41-year-old Member of Parliament belonging to the Labour Party, was born in India. In 2019, she was appointed the Parliamentary Private Secretary to the Minister for Ethnic Communities. She has been advocating tights of women survivors of domestic violence and migrant workers.

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.

Notes:
Based on the recommendations of the 15th Finance Commission, the Central Government has released a financial aid of Rs.2200 crore to 15 states.
The aid would be used to improve the air quality in these states by undertaking capacity building measures. This is the first instalment of the grant towards air quality improvement.

Notes:
Saudi Arabia’s Public Investment Fund (PIF) is set to invest Rs 9,555 crore (USD 1.29 billion) for 2.04 per cent equity stake in Reliance Retail Ventures (RRVL).
Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud is the chairman of PIF. It had previously invested in several giant companies including Facebook, Boeing, and Disney.