Current Affairs Quiz - November, 2020

Notes:
The Airports Authority of India (AAI) is a statutory body working under the Ministry of Civil Aviation. It was founded in 1995 and is headquartered in New Deli.
Airports Authority of India (AAI) commenced Aviation Safety Awareness Week 2020 from 23rd November to 27th November 2020. It is being observed at all airports and Airport Navigation Service (ANS) locations managed by AAI across India.

Notes:
As per a recent survey conducted by Confederation of Indian Industries (CII) and Ernst & Young, Multi-national Companies regard India as their first option, in terms of investments across the globe.
Out of the total key decision makers of those MNCs, 82 per cent of them said that they have plans to expand their business in the next 2 to 3 years. After India, the second most favourable place is North America followed by the rest of Asia-Pacific.

Notes:
Air India One is the call sign for the Air India One-B777 VVIP aircraft used by the President, Vice President and Prime Minister.
Recently, the first flight of the Air India One-B777 aircraft was inaugurated with the Indian President Ramnath Kovind onboard. The aircraft is more fuel efficient and has a longer range than the previous B747-400 aircraft. It also has state-of-the-art missile defence systems.

Notes:
RE-INVEST (Renewable Energy Investors Meet & Expo) is organised by the Union Ministry of New and Renewable Energy (MNRE), to promote investment in renewable energy.
The 3rd edition of the Meet is scheduled to be held from November 26 to 28, 2020 with the theme of ‘Innovations for Sustainable Energy Transition’. Prime Minister Narendra Modi will inaugurate the virtual meeting. The first two editions were held in 2015 and 2018.

Notes:
Union Cabinet has recently approved the merger of Lakshmi Vilas Bank (LVB) with DBS Bank India. The Reserve Bank of India had earlier proposed the merger of the private sector lender with the Indian arm of Singapore’s DBS Bank.
It also placed LVB under one-month moratorium and capped withdrawals for depositors. As a part of the amalgamation, DBIL will infuse fresh capital of Rs 2,500 crore into LVB.

Notes:
India has recently announced the launch of Phase-IV of the High Impact Community Development Projects in Afghanistan.
External Affairs Minister S Jaishankar announced this during the 2020 Afghanistan Conference organized in Geneva, co-hosted by the United Nations, the Government of Afghanistan, and the Government of Finland. India would undertake over 100 projects worth 80 million dollars in Afghanistan.

Notes:
The Honey FPO Programme of National Agricultural Cooperative Marketing Federation of India Limited. (NAFED) has been inaugurated by Minister of Agriculture and Farmers’ Welfare Narendra Singh Tomar.
Beekeeping will be promoted as an occupation for unemployed women and tribal populations, through these Honey FPOs. A new Central Sector Scheme for Formation & Promotion of new 10,000 FPOs was launched and 2200 FPO clusters for 2020-21 are already allocated.

Notes:
Under a new law approved by the Saudi Arabia’s King Salman bin Abdulaziz al-Saud, the Saudi Arabian Monetary Authority will be renamed to Saudi Central Bank.
However, the Central Bank will continue to use its acronym “SAMA” due to its historic significance and relevance. The new law also mandates the objectives of the Central Bank to maintain monetary stability, support economic growth and to directly report King of Saudi Arabia.

Notes:
The “Swasthya Sathi” scheme is a health insurance scheme of the state of West Bengal, which was launched in Dec 2016. It provides secondary and tertiary health care up to Rs.5 lakh per annum per family.
The Chief Minister of West Bengal has recently announced that the “Swasthya Sathi” scheme would cover entire population of the State.

Notes:
The Government of Scotland has passed a bill making sanitary products free to all women in the country. This makes the country the first nation in the world to take such a step.
The Period Products (Free Provision) Scotland Bill was passed unanimously in the Scotland assembly and the government sees it as an important policy for women and girls in the country.