Current Affairs Quiz - November, 2020

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:
Life Insurance Corporation of India has launched a digital application named ‘ANANDA’, which is an acronym for Atma Nirbhar Agents New Business Digital Application.
Using the Digital application, life insurance policy can be applied through a paperless module with the help of the agent or intermediary. The application is developed based on paperless KYC process using Aadhaar-based e-authentication.

Notes:
The United Nations Development Programme (UNDP) and Invest India has recently launched the SDG Investor Map for India.
UNDP highlighted 18 investment opportunities areas (IOAs), which are in 6 important SDG (sustainable development goals) enabling sectors including education, healthcare, agriculture among others. This is expected to bridge the SDG financing gap occurred due to the Covid-19 pandemic.

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:
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:
Prime Minister Narendra Modi launched ‘Har Ghar Nal Yojana’ in the state of Uttar Pradesh. The scheme aims to provide piped water supply to over 4.1 million people in the two districts of Sonbhadra and Mirzapur.
The outlay of the project is Rs 5,555 crore. The scheme will also benefit over 3,000 villages to access piped water supply.

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:
November 26 is celebrated as the National Milk Day across the country, to commemorate the birth anniversary of Verghese Kurien.
He is also called the ‘Father of the White Revolution’ and the ‘Milk Man of India’. He was known his contribution in launching ‘Operation Flood’ in India, which made a milk-deficit country to the largest milk producer of the world. He was the Chairman of National Dairy Development Bard and ‘AMUL’.

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:
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.