Current Affairs Quiz - November, 2020

Notes:
As per the G-20 Riyadh Summit Leaders Declaration, India is set to swap the Presidency of G-20 with Indonesia, to host the summit in the year 2023.
Initially, it was announced that India is set to host the G 20 summit in 2022, the 75th year of Independence. Now, Indonesia will assume G-20 presidency in 2022 as it would chair the Association of Southeast Asian Nations (ASEAN) in 2023.

Notes:
Tarun Gogoi, the former Chief Minister of Assam has recently passed away, at the age of 84. He had tested positive for Covid-19 in August.
He was also the longest serving chief minister of Assam. Being a veteran Congressman, Gogoi was elected the Chief minister of Assam in 2001 in the state elections, following which he led the party to a record three consecutive electoral victories in the state.

Notes:
Technology Giant Google has paid Rs 33,737 crore to Reliance Industries Limited’s (RIL) digital subsidiary, Jio Platforms Ltd.
Google will now hold 7.73% stake in Jio Platforms and has joined the list of global investors including Facebook, Silver Lake, General Atlantic among others. This is also the biggest-ever investment of Google in an Indian company.

Notes:
India and the United States of America has recently extended the Memorandum of Understanding for cooperation on nuclear energy for 10 more years.
In a joint statement issued by the two countries, this is the tenth year of cooperation between them at the Global Centre for Nuclear Energy Partnership (GCNEP). The MoU was signed at New Delhi in the year 2010.

Notes:
The Union Cabinet recently approved Rs 6,000 crore equity infusion in National Infrastructure Investment Fund’s (NIIF’s) debt platform.
The fresh capital would be infused over the current and the next fiscal, to fast-track infrastructure development in the country. Out of this, Rs 2,000 crore is expected to be utilised in the current fiscal, while the remaining will be deployed in 2021-22.

Notes:
The Chairman of the Defence Research and Development Organisation (DRDO) has recently flagged off the first heavy weight torpedo, Varunastra.
The torpedo was delivered to the Indian Navy at a ceremony held at Bharat Dynamics Limited, Visakhapatnam Unit. It has been designed and developed by Naval Science & Technological Laboratory (NSTL), Visakhapatnam.

Notes:
The Uttar Pradesh government has approved the 594-km Ganga Expressway project worth Rs 36,402 crore.
The project will have Expressway running along the river Ganga from Haridwar to Allahabad. The state Cabinet also approved a district-wise alignment of the Expressway. The Uttar Pradesh Expressways Industrial Development Authority will implement the project.

Notes:
The United Kingdom is set to impose a new competition regime next year to prevent Google and Facebook from using their dominance on smaller firms.
The regime is set to be enforced by a unit within the Britain’s competition regulator, the Competition and Markets Authority (CMA). Google and Facebook accounted for around 80% of 14 billion pounds spent in the country in 2019.

Notes:
Several groups of farmers from Punjab, Haryana and other parts of the country, demanding the repeal of the new agriculture reform laws passed by the Union Government, are holding protests under the name of ‘Delhi Chalo’.
The farmers were granted permission to hold peaceful protests at Nirankari Ground in North west Delhi. As per the farmers, the new agriculture laws will dismantle the minimum support price (MSP) system.

Notes:
The Government of France has decided to re-introduce tax on big Digital firms like Facebook, Amazon, Google etc.
In the early 2020, France suspended the tax on such big digital firms in exchange for a promise by USA to reduce taxation on French products. Since the US administration pulled out of the negotiation, France has decided to reintroduce levy of tax on digital firms.