Current Affairs Quiz - November, 2020

Notes:
A Memorandum of Understanding (MoU) with Ministry of New and Renewable Energy (MNRE) has been signed by Indian Renewable Energy Development Agency (IREDA). The MoU sets key targets for IRDAI to be achieved in the year 2020-21.
IREDA is a “Mini Ratna” Public Sector Enterprise under the Ministry of New and Renewable Energy. It is categorized as a Public Financial Institution and NBFC by Reserve Bank of India.

Notes:
The Reserve Bank of India has announced a Co-Lending Model (CLM) scheme for priority sector lending. Under the new scheme, Banks can enter into a prior agreement with NBFCs for co lending of Priority Sector Loans.
The CLM is an improvement over the co-origination of loan scheme announced by the RBI in September 2018.

Notes:
The Indian Institute of Technology (IIT) Kharagpur has proposed to set up a Centre of Excellence for the Indian Knowledge System.
This information has been furnished by the Union Education Minister Ramesh Pokhriyal Nishank. This was announced at the inaugural session of an international webinar titled ‘Bharata Tirtha’ organised by IIT Kharagpur.

Notes:
The Gov Tech Thon 2020 is a virtual hackathon that was organized by IEEE, National Informatics Centre (NIC) and Oracle, under the aegis of the Ministry of Electronics and Information Technology.
The team from Robert Bosch Engineering and Business Solutions Private Limited named “Fit For Future” has bagged the first position in the hackathon for demonstrating prototype for automating vehicle fitness checks.

Notes:
A new air service between India and Bangladesh has commenced under the air-bubble arrangement. Vistara airlines launched its biweekly flight service from Delhi to Dhaka. The air-bubble arrangement between the two countries helps people to travel for medical, business and other purposes.
Air Bubbles are temporary arrangements between two countries that aim to restart commercial passenger services when regular international flights are suspended.

Notes:
India’s latest earth observation satellite named EOS-01 will be launched by the Indian Space Research Organisation (ISRO).
The satellite along with 9 other customer satellites would be carried to space by ISRO using its PSLV-C49 rocket. The rocket would be launched from the first launch pad of Satish Dhawan Space Centre, Sriharikota in Andhra Pradesh.

Notes:
The Union Sports Ministry has approved 6 centres as the Khelo India Centre of Excellence (KISCE). These centres would be upgraded at a cost of Rs 67.32 crore for FY 2020-21 and subsequent four years.
These centres have been identified in the states / UT of Assam, Meghalaya, Madhya Pradesh, Maharashtra, Sikkim and Daman & Diu.

Notes:
The Central Government has opened 19 coal mines for auction, and it witnessed a stiff competition from leading private players.
The auction of these 19 mines is expected to generate a revenue of Rs.7000 crore per annum along with creation of more than 69,000 jobs once the mines are operationalised. These 19 mines have a combined peak capacity reaching 51 MT per annum.

Notes:
The Ministry of Power has issued notification to cover all the Electricity Distribution Companies (DISCOMs) under the preview of the Energy Conservation (EC) Act 2001.
The DISCOMs will be governed under the various provisions of EC Act, like Appointment of Energy Manager, Energy Accounting & Auditing, identification of Energy Losses etc.

Notes:
Hunar Haat is the flagship programme of the Minority Affairs Ministry aimed to create employment opportunities for artisans across India.
After a gap of about seven months due to the COVID 19 pandemic, the Hunar Haat is set to restart at Delhi Haat at Pitampura, New Delhi. The theme of this event is “Vocal for Local”.