Current Affairs Quiz - November, 2020

Notes:
The UK India Business Council (UKIBC) has released a report named ‘Doing Business in India Report 2020’. The report has been launched by UK Investment Minister Lord Gerry Grimstone.
The report has been compiled based on the inputs from 106 UK organisations operating in India in manufacturing, services, and higher education sectors.

Notes:
The draft Coastal Shipping Bill, 2020 has been issued by the Union Ministry of Shipping. The draft has been left open for suggestions from the stakeholders and general public.
The draft bill is made available in the Shipping Ministry’s official website and would be available for suggestions till 6th November 2020.

Notes:
The Indian Railways has launched an initiative named “Meri Saheli” which will focus on security of women. Its main objectives are to provide safety and security to lady passengers travelling by trains.
Under this initiative, a team of lady officer and staff will visit all of the passenger coaches including ladies’ coaches to identify women passengers. The details of the journey will be noted down by the team, especially if a lady is travelling alone.

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:
The United Nations General Assembly has designated the 31st of October as World Cities Day. This year the theme is ‘Valuing Our Communities and Cities’.
The Day aims to promote international community’s interest in global urbanization and contribute to sustainable urban development around the world. UN-Habitat launched Urban October in 2014, to highlight the urban challenges around the world.

Notes:
Students of the Indian Institute of Technology (IIT) Madras have developed a digital game to create awareness about Covid-19.
The online one-minute game has been created as part of an elective course. The game which aims to create awareness among the children, is available for free in 12 languages. The game has derived inspiration from the popular game Super Mario.

Notes:
As per the CEO of NITI Aayog, the number of Unified Payments Interface (UPI)-based transactions crossed the 2 billion mark in October 2020.
The UPI transactions grew 80 per cent from 1.14 billion transactions that were recorded in October 2019. This has signified that the digital mode of payments has been widely accepted by the people.

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:
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:
Union Finance Ministry of India has recently announced that Abu Dhabi’s Sovereign Wealth Fund (SWF) has become the first foreign SWF that has been notified.
MIC Redwood 1 RSC Limited will get 100 per cent income tax exemption for the long-term investments to be made in specific priority sectors in India.