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:
The 15th Finance Commission (FFC) has announced that it is set to submit its report to Indian President Ram Nath Kovind on 9 November, this year.
The report will have recommendations for next five years beginning the financial year 2021-22. The report may be tabled in the Parliament along with action taken report by the government, during the next budget session.

Notes:
The apex judicial body, Supreme Court of India has extended the time line till December 31,2020 for implementation of its judgement on grant of permanent commission to women SSC officers in Indian Navy.
On March 17, 2020 the Supreme Court had cleared permanent commission for women in the Navy and asked the Centre to implement the same within three months.

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:
Antrix Corporation is the commercial arm of the Indian Space Research Organisation (ISRO). It functions under the administrative control of the Department of Space.
Recently, a United States court has asked Antrix Corporation to pay compensation of USD 1.2 billion to a Bengaluru-based startup, Devas Multimedia, for cancelling a satellite deal in 2005.

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 nation’s central bank Reserve Bank of India has launched the latest round of Inflation Expectations Survey of Households (IESH). The survey would give vital inputs to RBI for framing the monetary policy.
The survey is conducted regularly in 13 cities namely Ahmedabad, Bengaluru, Bhopal, Chennai, Delhi, Guwahati, Hyderabad, Jaipur, Kolkata, Lucknow, Mumbai, Patna and Thiruvananthapuram.

Notes:
A Super Typhoon name Goni, has hit the Philippines recently. This is considered to be the most powerful storms in the last four years and has resulted in huge catastrophic damage to the coastal Philippines.
Philippines has been badly affected by two typhoons in October, by the COVID Pandemic and its resultant unemployment.

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:
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.