Current Affairs Quiz - November, 2020

Notes:
The 8th India-Mexico Joint Commission Meeting was recently held through Video-Conference. The Meeting was co-chaired by External Affairs Minister S. Jaishankar and his Mexican counterpart Marcelo Ebrard.
Both the countries agreed to promote economic strengths and work on strengthening their ‘Privileged Partnership’.

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:
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 2020 Annual Report on Immigration to Parliament tabled in the Parliament of Canada, Indian immigrants accounted for one-fourth of the total permanent residencies granted by Canada in 2019.
India has set a new record by becoming the largest source country for permanent residents (PR), with 85,593 of them entering into the country last year. India has been retaining the top spot since 2017.

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 percentage of Goods and Service Tax (GST) is decided by GST Council, headed by the Union Finance Minister.
Ministry of Finance has recently published that the GST revenue that has been collected for the month of October 2020 has crossed Rs 1 lakh crore, which is a highest collection after 8 months. The GST revenue collection for the month of Oct 2020 stood at Rs.1,05,155 crore.

Notes:
The Panna Biosphere Reserve that is located in Madhya Pradesh, has been included in the UNESCO’s “World Network of Biosphere Reserves”. Additionally, Fuvahmulah and Addu Atoll of Maldives have also been included in the list.
Panna is a critical tiger habitat in India and it was accorded Biosphere Reserve status by Government of India in 2011.

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:
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.