Current Affairs Quiz - November, 2020

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:
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:
As per the Public Affairs Index-2020 released by the Public Affairs Centre, Kerala was adjudged the best governed State in the large States category.
States were ranked on governance performance based on a composite index in sustainable development. Kerala is followed by Tamil Nadu, Andhra Pradesh and Karnataka. Uttar Pradesh is ranked at the bottom of the list.

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:
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:
The Vaishwik Bharatiya Vaigyanik (VAIBHAV) Summit was inaugurated by Prime Minister Narendra Modi on 2nd October 2020.
The summit concluded on 31st October 2020 and saw the participation of 3,200 panelists and about 22,500 academicians and scientists from India and overseas. The month-long conference was held in a virtual manner in the form of webinars.

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:
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:
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:
Union Ministry of Housing and Urban Affairs (MoHUA) has recently launched a challenge named “Nurturing Neighbourhoods Challenge”. It aims to develop and implement initiatives that would improve the quality of life of young children, caregivers and families.
It is a 3-year challenge that would be open for 100 Smart Cities, cities with population of more than 5 lakh and State/Union Territory capitals.