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:
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:
India International Cherry Blossom Festival is annually celebrated in Meghalaya, which attracts a large number of tourists in its capital city, Shillong.
The pink Cherry flowers have started blooming in Shillong and is expected to bloom till the end of November. This year, the festival has been cancelled due to COVID-19 pandemic.

Notes:
The tenth edition of the National Science film festival has been inaugurated in the state of Tripura. The festival will be held in virtual mode.
VigyanPrasar, an autonomous agency under the Department of Science and Technology, has been organizing this festival. This year, Vigyan Prasar is collaborating with the Tripura State Council of Science and Technology. As many as 372 films in different languages have been received.

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:
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:
The United Nations Humanitarian Chief has released 25 million US dollars from its emergency fund to support women-led organisations fighting gender-based violence.
United Nations Population Fund (UNFPA) will receive USD 17 million and UN Women will get USD 8 million. The funding was announced at the beginning of the ‘16 Days of Activism Against Gender-based Violence’, from November 25 to December 10.

Notes:
The Motor Vehicles Act, 1988 has been amended by the Motor Vehicles Amendment Act, 2019 to include the definition of the term ‘Aggregator’.
The Ministry of Road Transport and Highways has issued the Motor Vehicle Aggregator Guidelines 2020, to regulate shared mobility services. The ride hailing services require permission from the state governments to start operations, and states will follow the norms specified by the Centre.

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.