Current Affairs Quiz - November, 2020

Notes:
TransUnion CIBIL in association with Ministry of Statistics & Programme Implementation (MoSPI) has launched the MSME Credit Health Index.
The index measures the growth and strength of the MSME sector in India. MSME Credit Health Index is built by TransUnion CIBIL using credit data furnished by lending institutions/ banks.

Notes:
The Business Expectation Survey is conducted by National Council for Applied Economic Research (NACER). As per the report of the survey, the Business Confidence Index (BCI) in India rose to 65.5 in the second quarter of FY 20 after recording a sharp drop to 46.4 in the first quarter.
NCAER is a non-profit think tank of economics based at New Delhi. Nandan Nilekani is president of the governing body and Dr Shekhar Shah is current director general of NCAER.

Notes:
Saudi Arabia has recently announced a new plan to ease foreign workers’ contractual restrictions in the country. This would pave way to improvement of a sponsorship system known as Kafala, which is highly controversial.
The new plan is expected to take effect from March 2021 and would make Saudi Arabia more labour attractive.

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:
According to the recent order by the Personnel Ministry, former Chief Secretary of Delhi M M Kutty has been appointed as the Chairperson of the Commission for Air Quality Management in National Capital Region and Adjoining Areas.
Several technical experts from IIT- Delhi, IMD and the Environment Ministry have also been appointed as the full-time members of the commission.

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:
Gold and silver coins in the name of the Vaishno Devi shrine have been released by the Lt. Governor of Jammu and Kashmir Manoj Sinha.
The coins have been released ahead of Diwali festival. The Vaishno Devi shrine board has decided to make the coin available in Jammu as well as in Delhi.

Notes:
Tata Consultancy Services (TCS) is set to acquire 100% of the shares of Postbank Systems AG, which provides IT services to Deutsche Bank.
Postbank Systems AG is a German based IT firm. By this acquisition, around 1500 employees of Postbank System would become a part of Tata Consultancy Services (TCS).

Notes:
The India Mobile Congress (IMC) 2020 has been scheduled to be held 8th -10th December, through virtual mode.
Minister of State Sanjay Dhotre announced the fourth edition of the Congress. This event is jointly organized by the Department of Telecommunications (DoT) and Cellular Operators Association of India (COAT).

Notes:
The Thirty Meter Telescope (TMT), which will the world’s largest visible-light telescope hwne completed, is proposed to be set up in Mauna Kea, on the island of Hawaii.
Physics Nobel Laureate Professor Andrea Ghez collaborated with Indian astronomers on the design of instruments and science prospects of the TMT project. India’s Department of Science and Technology (DST) and Department of Atomic Energy (DAE) are involved in the project.