Current Affairs Quiz - November, 2020

Notes:
An Internal Working Group (IWG) of the Reserve Bank of India (RBI) has recommended raising the cap on promoters’ stake in private sector banks to 26% in 15 years.
At present, the percentage of stake is mandated at 15% of the equity share capital of the bank. The group also suggested to allow large corporate or industrial houses, as promoters of banks after necessary amendments to the Banking Regulation Act, 1949.

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:
The Asian Development Bank has approved a USD 50 million loan to improve resource planning and operational efficiencies in West Bengal.
This loan will be supplemented by a USD 350,000 technical assistance grant for other reforms including monitoring of IFMS (Integrated Financial Management System) reforms.

Notes:
Union Food Processing Minister Narendra Singh Tomar has recently inaugurated a mega food park (MFP) at Phagwara of Kapurthala district in the state of Punjab.
The Mega Food park has been built at a cost of Rs 107.83 crores and spread over 55 acres of land. It is expected to benefit over 25000 farmers and create employment opportunities for more than 5000 people. 37 MFPs have been sanctioned in our country as on date, and 20 of them are functioning.

Notes:
The construction arm of Larsen and Toubro (L&T), L&T Construction has bagged the contract to build India’s longest river bridge.
The 19-km long bridge, which is to be built across the Brahmaputra river, will connect Dhubri in Assam to Phulbari in Meghalaya. It will also improve connectivity of the North Eastern states with the rest of the country.

Notes:
As per the recent report released by ‘Transparency International’, as many as 74 per cent of the respondents said corruption is one of the biggest problems in their country.
The report also highlighted that around 19 % paid a bribe in the last 12 months, to access public service and youngsters are more likely to pay a bribe or use personal connection to avail public service.

Notes:
‘International Day for the Elimination of Violence against Women’ is observed every year on November 25, led by the United Nations General Assembly.
This year, the theme for the International Day is “Orange the World: Fund, Respond, Prevent, Collect!”, to focus on bridging the funding gaps to serve the survivors of violence. UN observed that violence against women and girls has increased during the pandemic, terming it ‘Shadow Pandemic’.

Notes:
New Zealand’s Greg Barclay has been elected as the new independent Ahairman of the International Cricket Council (ICC).
He is also the second independent chairman of the international body, after Shashank Manohar of India. Greg Barclay served as the Director of New Zealand Cricket Team since 2012. He had also been the Director of 2015 Men’s World Cup, held in Australia and New Zealand.

Notes:
Veteran Congress leader and eight-time parliamentarian Ahmed Patel recently passed way due to Covid related complications, at the age of 71.
He had been the political adviser of Congress chief Sonia Gandhi and is known for driving the party out of difficult situations. He was serving as the Congress treasurer. At a very young age, he was selected by the then PM Rajiv Gandhi to lead the Gujarat Congress.

Notes:
Argentina’s Football legend Diego Maradona, regarded as one of the greatest footballers of all time, passed away due to a cardiac arrest, the age of 60.
The country is to observe three-day mourning for the legendary footballer, who helped Argentina life the World Cup in 1986. Maradona made his debut in the country’s football team before the age of 16. He has won several awards including FIFA Player of the Century.