Current Affairs Quiz - November, 2020

Notes:
The Twitter account of the Reserve Bank of India (RBI) has reached 1 million followers. The bank also became the first monetary authority in the world to reach this mile stone on its official Twitter handle.
RBI created its official Twitter account only in January 2012 and in the current financial year, as many as 2.5 lakh new followers joined the RBI handle. Central bank of Mexico is in the second place with 7.74 lakh followers, followed by Bank of Indonesia with 7.57 lakh. US Federal Reserve is at the fourth place.

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:
India and the European Union (EU) held the sixth round of consultations on disarmament and non-proliferation matters in a virtual format.
As per the statement issued by the Union External Affairs Ministry, the India and the EU exchanged developments in the area of nuclear, chemical, biological disarmament and non-proliferation. The consultations also focussed on outer space security issues, export control regimes among others.

Notes:
Indian army has successfully test fired the land-attack version of the surface-to-surface supersonic cruise missile BrahMos, in the Andaman and Nicobar.
The range of the new version of the missile has been extended to 400 km from the original 290 km. The Indian Air Force and the Indian Navy will carry out separate test-firing of the new version of the air-launched and naval versions of the missile.

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:
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:
The Fit India School week program was launched in November last year, to inculcate the awareness of physical activity and sports to school children.
The schools, after registering themselves on the Fit India website, will select a week in the month of December. It will then make the children follow the activities listed by the Sports Ministry for the program. Last year, over 15000 schools participated in the program.

Notes:
Faqir Chand Kohli, the founder and the first CEO of Tata Consultancy Services, has recently passed away at the age of 96.
He was also called as the ‘Father of Indian IT Industry’, for his contribution towards the development of IT industry and for pioneering the country’s ‘Technology Revolution’. He received several honours including the Padma Bhushan.

Notes:
The Government of India has recently reduced the import tax on crude palm oil from 37.5% to 27.5%. This step has been made by the Government to bring down food inflation.
India is the world’s largest importer of palm oil and it imports nearly 9 million tons of palm oil every year from Indonesia and Malaysia predominantly.

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.