Current Affairs Quiz - November, 2020

Notes:
As per a recent survey conducted by Confederation of Indian Industries (CII) and Ernst & Young, Multi-national Companies regard India as their first option, in terms of investments across the globe.
Out of the total key decision makers of those MNCs, 82 per cent of them said that they have plans to expand their business in the next 2 to 3 years. After India, the second most favourable place is North America followed by the rest of Asia-Pacific.

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:
Veteran Indian-American physician Ajay Lodha has passed away due to complications from Covid-19, at the age of 58, in the United States.
He is the former President of American Association of Physicians of Indian Origin (AAPI). The physician has received several honours including the Ellis Island Medal of Honour in 2016. He was known for his contribution to the diaspora in the U.S, especially the Rajasthani community.

Notes:
RE-INVEST (Renewable Energy Investors Meet & Expo) is organised by the Union Ministry of New and Renewable Energy (MNRE), to promote investment in renewable energy.
The 3rd edition of the Meet is scheduled to be held from November 26 to 28, 2020 with the theme of ‘Innovations for Sustainable Energy Transition’. Prime Minister Narendra Modi will inaugurate the virtual meeting. The first two editions were held in 2015 and 2018.

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 Union Cabinet of India chaired by the Prime Minister approved a Memorandum of Understanding (MoU) on Cooperation in the field of Physical Culture and Sport signed among BRICS Countries.
Under the MoU, the five countries will help each other in expanding expertise in the area of sports science, sports medicine, coaching techniques etc. This would also strengthen bilateral relations with BRICS member countries.

Notes:
The Honey FPO Programme of National Agricultural Cooperative Marketing Federation of India Limited. (NAFED) has been inaugurated by Minister of Agriculture and Farmers’ Welfare Narendra Singh Tomar.
Beekeeping will be promoted as an occupation for unemployed women and tribal populations, through these Honey FPOs. A new Central Sector Scheme for Formation & Promotion of new 10,000 FPOs was launched and 2200 FPO clusters for 2020-21 are already allocated.

Notes:
Odisha is set to celebrate International Sand Art Festival, at its Chandrabhaga Beach starting from December 1, 2020.
The five-day Sand Art Festival festival also coincides with the Konark Festival that is held in the backdrop of the Sun temple in Konark. On account of Covid-19 restrictions, only Indian sand artists will showcase their art using sand, bronze or wood.

Notes:
The World Health Organisation has released ‘Guidelines on physical activity and sedentary behaviour’.
As per the guidelines, at least 150 to 300 minutes of moderate to vigorous aerobic activity per week is recommended for all adults. It also highlights that one in four adults, and four out of five adolescents, do not get enough physical activity, which causes a significant loss in productivity.

Notes:
The promoter of the Sputnik V vaccine candidate – Russian Direct Investment Fund (RDIF) has entered into an agreement with Hyderabad based company named “Hetero Biopharma”.
Under the agreement, the Sputnik V vaccine candidate would be produced in India from beginning of 2021. The Sputnik V vaccine is recently claimed to have reached an efficiency of 91.4% in Phase 3 trials.