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 Airports Authority of India (AAI) is a statutory body working under the Ministry of Civil Aviation. It was founded in 1995 and is headquartered in New Deli.
Airports Authority of India (AAI) commenced Aviation Safety Awareness Week 2020 from 23rd November to 27th November 2020. It is being observed at all airports and Airport Navigation Service (ANS) locations managed by AAI across India.

Notes:
The Chief Minister of Goa has launched an exclusive WhatsApp helpline number, to help women in distress in the state.
The dedicated WhatsApp number 7875756177 will be functional round the clock at the State Police Control Room, Panaji. Union Minister of State for Defence and AYUSH Shripad Naik handed over a medically well-equipped ambulance to Chief Minister for the use of Goa Police.

Notes:
The 49-year-old billionaire entrepreneur Elon Musk has become the world’s second-richest person, after passing Bill Gates.
The CEO of SpaceX recorded a net worth of USD 127.9 billion, by adding USD 100.3 billion to his net worth this year, which is the highest addition by anyone on the Bloomberg Billionaires Index. His increase in wealth is largely driven by Tesla, whose market value is approaching USD 500 billion.

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:
Air India One is the call sign for the Air India One-B777 VVIP aircraft used by the President, Vice President and Prime Minister.
Recently, the first flight of the Air India One-B777 aircraft was inaugurated with the Indian President Ramnath Kovind onboard. The aircraft is more fuel efficient and has a longer range than the previous B747-400 aircraft. It also has state-of-the-art missile defence systems.

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:
The Ministry of Social Justice and Empowerment has recently launched a portal that will enable transgender persons to apply online for certification of their self-perceived gender identity.
Transgender persons can upload declaration of their gender identity, which will be the basis for their identity certificates to be issued by the district magistrate. The Minister opened ‘Garima Greh: A Shelter Home for Transgender Persons’ in Gujarat. The Ministry will open such homes in all states.

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:
Agricultural and Processed Food Products Export Development Authority (APEDA) had organised a virtual meeting with importers of Germany to promote export of fresh fruits and vegetables from India. The event was organised in collaboration with Indian Embassy in Germany and German Agribusiness Alliance.
APEDA is an apex body under the Ministry of Commerce and Industry which regulates export of agricultural products in India.