Current Affairs Quiz - November, 2020

Notes:
The World Bank has stated that remittances to India would fall this year by 9% to USD 76 billion, but India will continue to be the top destination for remittance.
The fall in remittance to India would be on account of COVID 19 and the global economic recession. As per the report, India, China, Mexico, Philippines, and Egypt would to be the top five countries in 2020 to receive foreign remittances.

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 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:
Saudi Arabia has recently announced a new plan to ease foreign workers’ contractual restrictions in the country. This would pave way to improvement of a sponsorship system known as Kafala, which is highly controversial.
The new plan is expected to take effect from March 2021 and would make Saudi Arabia more labour attractive.

Notes:
A number of welfare schemes for the refugee and the Scheduled Caste (SC) and Scheduled Tribe (ST) population have been announced by the state Government of West Bengal.
One among them is providing land pattas to refugee colonies. The state has decided to give a total 1,25,000 land pattas to the refugees, of which 25,000 pattas were given by the Chief Minister recently.

Notes:
The Virtual Global Investor Roundtable (VGIR) is being organised by the Ministry of Finance and the National Investment and Infrastructure Fund, the Prime Minister’s Office (PMO).
Prime Minister will chair the Investor Roundtable conference, which will provide an opportunity to leading global investors and Indian business houses to discuss with policy makers.

Notes:
Prime Minister of India Narendra Modi has conducted a Virtual Bilateral Summit with his Italian counterpart Giuseppe Conte, recently.
The two leaders comprehensively reviewed the bilateral relationship and exchanged views on major regional and global issues of mutual concern. Several Government and Private Sector agreements are said to have concluded on the occasion.

Notes:
Tamil Nadu has won the first position under the ‘Best State’ category of National Water Awards (NWAs) 2019.
The awards have been constituted by the Department of Water Resources, Union Ministry of Jal Shakti. Tamil Nadu is followed by Maharashtra and Rajasthan as the best states under the normal category.

Notes:
A Ro-Pax ferry service between Hazira and Ghogha in Gujarat is going to be inaugurated by the Prime Minister of India.
The Ro-Pax Ferry Vessel named ‘Voyage Symphony’ would connect Hazira and Ghogha. It can carry 30 trucks on the main deck, 100 passenger cars on the upper deck and 500 passengers plus 34 crew on the passenger deck.

Notes:
The Fifteenth Finance Commission (XVFC) led by the Chairman N K Singh has recently submitted its Report to President of India Ram Nath Kovind.
Last year, the Commission submitted its report with recommendations for the year 2020-21 and it was accepted and tabled in the Parliament. Now, the Commission has submitted recommendations for the period 2021-22 to 2025-26.