Current Affairs Quiz - November, 2020

Notes:
The Indian Navy has successfully test fired its anti-ship missile in the Bay of Bengal from its Guided Missile Corvette INS Kora.
The anti-ship missile was launched by its Missile Corvette INS Prabal, which hit the target with precise accuracy. The missile was launched as part of a mega drill involving several aircraft carriers, attack helicopters and other assets of the Navy.

Notes:
The Central government has extended the Emergency Credit Line Guarantee Scheme (ECLGS) for Micro Small and Medium Enterprises (MSMEs) till November 30.
As per the Finance Ministry, Loans amounting Rs 2.03 lakh crore have been sanctioned under the ECLGS to over 60 lakh borrowers, where the target was fixed at Rs 3 lakh core. Out of the loans, an amount of Rs. 1.48 lakh crore has been disbursed.

Notes:
The United Nations General Assembly designated 2 November as the ‘International Day to End Impunity for Crimes against Journalists’.
As per the United Nations, during the past fourteen years (2006-2019), around 1,200 journalists have been killed for reporting the news to the public. It also reveals that in nine out of ten cases the killers go unpunished.

Notes:
The Union Ministry of Labour and Employment has notified draft rules for the Industrial Relations Code, 2020. This is expected to enhance the flexibility to employers to retrench workers.
It also mandates that Labour Unions should give a prior notice before a strike. The Government has aimed to implement the labour codes from April 1, 2021.

Notes:
BRICS Business Forum, which is an important annual event of the BRICS Business Council was hosted by Russia from October 20 to 28, 2020. President of the Chamber of Commerce and Industry of Russia is the current Chairman of the BRICS Business Council.
BRICS Business Forum was held in via Video Conferencing under the title “BRICS Business Partnership: Common Vision for Sustainable Inclusive Development”.

Notes:
Visa has recently partnered with Indian leading private sector bank HDFC Bank and Digit Secure, to deploy PCI certified Tap to Phone card acceptance solution.
DigitSecure has become the first company based in Asia-Pacific to receive PCI security certification for deploying this technology. India has also joined a list of over 15 markets that provide Visa Tap to Phone technology for merchants.

Notes:
An enhanced version of the Pinaka Mk-1 missile has been successfully test fired from the Integrated Test Range in Chandipur, off the coast of Odisha.
The Pinaka Mk-1 missile system has been developed by Defence Research and Development Organisation (DRDO). This enhanced version is set to replace the existing Pinaka systems deployed by the Indian Army along boarders of China and Pakistan.

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.

Notes:
The International “Satavadhanam’’ program has been launched by the Vice President Venkiah Naidu in a virtual mode.
Satavadhanam is a literary event that is organized by Dr. Medasani Mohan under the sponsorship of Sri Krishnadevaraya Satsang in Tirupati. It includes literary performance like solving tricky literary posers, improvising poems etc.

Notes:
A Memorandum of Understanding (MoU) has been signed between the government of Bangladesh, Beximco Pharmaceutical Ltd and the Serum Institute of India (SII).
The agreement aims for priority delivery of 3 crore COVID 19 vaccine doses to Bangladesh. Serum Institute of India has reached the final stage of COVID vaccine development. Beximco Pharmaceuticals Ltd also known as Beximco Pharma, is a pharmaceutical company in Bangladesh.