Current Affairs Quiz - November, 2020

Notes:
The Insolvency and Bankruptcy Board of India (IBBI) has recently amended regulations to fast-track the resolution process.
Under the new regulations, the liquidator of a stressed firm can assign or transfer an asset, which is not readily realisable, to any person after consulting consultation committee of stakeholders. With NCLT’s approval, they may also distribute the undisposed of assets amongst stakeholders.

Notes:
Mumbai has become the first Indian city to design a plan for developing dedicated spaces for women.
This has been designed under the Revised Draft Development Plan 2034. Under the plan, as many as 90 land reservations are to be made across the state to address the social needs of women including education and health.

Notes:
Maharashtra Chief Minister Uddhav Thackeray has launched a new rural housing project named “Maha Awas Yojana”.
Under the new scheme, as many as 8.82 lakh rural houses will be built in a period of 100 days. The outlay of the project is estimated to be Rs 4000 crore. The state’s Department of Rural Development will undertake this project.

Notes:
The Chief Minister of Andhra Pradesh Jagan Mohan Reddy inaugurated the ‘Aqua Bazaar’ and ‘Aqua Hub’ project.
Over 150 state-of-the-art fish markets are to be set up in rural areas named ‘Aqua-bazaar’, and a hub and spoke model will be formed in urban areas. Aqua hubs will come up in big cities from where produce will be distributed to retail outlets.

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:
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:
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:
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 state Government of Kerala has announced a two-day mourning in the state, to mark respect for the Foot Ball legend Diego Maradona, who passed away recently.
Diego Maradona was a professional football player belonging to Argentina. He has won the most prestigious “FIFA Player of the 20th Century award” and is recognised as the greatest football players of all times.