Current Affairs Quiz - November, 2020

Notes:
Union Minister for Electronics and Information Technology, Ravi Shankar Prasad launched the UMANG’s international version in coordination with Ministry of External Affairs for select countries including USA, UK, Canada, Australia, UAE, Netherlands, Singapore, Australia and New Zealand.
An online conference was organized to mark the occasion of 3 years of UMANG (Unified Mobile Application for New-age Governance) and a milestone of 2000 plus services. The app will help Indian international students, NRIs and Indian tourists to avail the services of the Government.

Notes:
The National Stock Exchange (NSE) has declared the Indian Financial services company Karvy Stock Broking Ltd as a defaulter.
The membership of Karvy was also terminated by NSE under NSEIL Rules. In November 2019, Karvy had transferred securities worth Rs 2,300 crore into its account by misusing power of attorney given by its clients. SEBI has also found that Karvy indulged in trades that were not authorized by clients.

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:
A memorandum of understanding (MoU) was signed by the Small Industries Development Bank of India (Sidbi) with the Tamil Nadu government to develop the ecosystem for micro, small and medium enterprises (MSMEs) in the state.
Under the MoU, Sidbi will deploy a project management unit (PMU) in the government of Tamil Nadu. It will undertake the process of designing the training and capacity-building programmes to be taken up by the state government in areas.

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:
University of Lucknow, a public University in Uttar Pradesh, became the third University in India to have a commemorative coin of Rs 100 issued on its centenary year.
Prior to this, only Mysore University and Banaras Hindu University had received the honour. Prime Minister attended the celebration of Centennial Foundation Day of the University virtually and released special stamp and Rs 100 coin

Notes:
UMANG App has completed three years since its launch. On the occasion, Minister for Electronics and Information Technology, Ravi Shankar Prasad launched the newly instituted UMANG Awards.
The awards will be presented for Departments of Centre and States, based on average transactions in the past six months. Employees’ Provident Fund Organisation (EPFO) has been conferred with Platinum Partner Award for registering more than 25 lakh transactions on UMANG App.

Notes:
Ministry of Youth Affairs & Sports has restored the government recognition to Archery Association of India as a National Sports Federation.
In the year 2012, the Government recognition of AAI was withdrawn, on failure to conduct its elections in accordance with the National Sports Code. In 2020, AAI conducted elections again and elected Tribal Affairs Minister Arjun Munda as President. AAI now has the recognition of Indian Olympic Association and the World Archery.

Notes:
India and Vietnam recently signed an agreement for cooperation in the field of hydrography. The agreement is signed during the virtual conference held between India’s Defence minister Rajnath Singh and his Vietnamese counterpart.
The agreement also enables sharing of data between the countries and assist in production of navigational charts. Hydrography includes measurement of physical features of oceans and seas.

Notes:
Japan’s spacecraft named ‘Hayabusa2’ is approaching the Earth after a year-long journey from an asteroid Ryugu, about 300 million kilometers from earth.
As per the Japan Aerospace Exploration Agency, the spacecraft will bring soil samples and data that could provide clues to the origins of the solar system and life on Earth. The agency would drop the capsule containing the samples, in southern Australia.