Current Affairs Quiz - November, 2020

Notes:
The United Nations General Assembly (UNGA) has decided to hold a meeting on December 1, 2020 to commemorate all victims of World War II. The resolution in this regard was drafted by Russia and has been adopted based on a voting.
Second World War, was a global war that lasted from 1939 to 1945. It involved the vast majority of the world’s countries forming two opposing military alliances namely the Allies and the Axis.

Notes:
The 5th Joint Working Group (JWG) on Coal between India and Indonesia was hosted by India, through video conference mode. It was co-chaired by Vinod Kumar Tiwari, Additional Secretary, Ministry of Coal and its counterpart of Indonesia.
During the meeting, India’s Ministry of Coal made presentations on Indian Coal Policy reforms, Coking Coal Exploration and Commercial Mining which was followed by presentations by the Indonesian side

Notes:
The One Rank One Pension (OROP) scheme was launched to provide uniform pensions for Armed Forces Veterans, who are retiring in the same rank with the same length of service.
The Prime Minister has recently highlighted that the One Rank One Pension scheme has completed five years since its implementation. The pension is provided irrespective of the time they retire.

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:
Prime Minister Narendra Modi has recently inaugurated several development projects in the city of Varanasi, Uttar Pradesh, via video conferencing.
The development projects include Sarnath Light and Sound show, infrastructure facilities for protection and conservation of cows, Varanasi city smart lighting work among others.

Notes:
Shusha is a strategically important cultural city located near the Nagorno-Karabakh region, a mountainous enclave regarded as part of Azerbaijan but populated and controlled by ethnic Armenians.
The President of Azerbaijan Ilham Aliyev has recently announced that his country’s forces had taken Shusha. It is also the second-largest city in the Nagorno-Karabakh enclave. Over 1,000 people have died in the fights around Nagorno-Karabakh.

Notes:
Mangaluru-based Karnataka Bank has launched National Common Mobility Debit Card, with special features like ‘tap and go’ and ‘offline wallet’ payments.
It is a Rupay card and a contactless debit-cum-prepaid and interoperable transport card. As per the bank, users can make payments without inserting the card at PoS terminals.

Notes:
Fintech major Paytm has recently launched ‘Pay-out Links’, to enable the businesspersons instantly process pay-outs to customers, employees and vendors.
Using this platform, the businesses can send incentives and refunds to customers using just a link. It also eliminates the need to collect and store thousands of bank details.

Notes:
The Mukhya Mantri Rural Street Vendor Scheme has been launched by the state government of Madhya Pradesh, on the lines of Pradhan Mantri street vendor scheme
Recently, the Chief Minister transferred the interest-free loan of 10 thousand rupees each into the accounts of rural street vendors. He also launched a roadmap to Aatma Nirbhar Madhya Pradesh, with special focus on education and health.

Notes:
The International Financial Services Centres Authority (IFSCA) has approved the draft of the International Financial Services Centres Authority (Banking) Regulations, 2020. This was enable setting up of banking units in the International Financial Services Centre.
The regulation would be notified by the Government of India soon, which will contain what kind of banking activities that would be permitted in the IFSC.