Current Affairs Quiz - November, 2020

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:
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:
American messaging app Snapchat has recently rolled out a new short-video making feature called ‘Spotlight’.
It would allow users to share short-form videos publicly in its Snapchat app. By the launch of the new feature, Snap Inc. is expected to compete with ByteDance-owned TikTok and Instagram Reels launched by Facebook.

Notes:
India and the European Union (EU) held the sixth round of consultations on disarmament and non-proliferation matters in a virtual format.
As per the statement issued by the Union External Affairs Ministry, the India and the EU exchanged developments in the area of nuclear, chemical, biological disarmament and non-proliferation. The consultations also focussed on outer space security issues, export control regimes among others.

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:
Union Agriculture Minister Narendra Singh Tomar has launched Sahakar Pragya, the 45 new training modules developed by the National Cooperative Development Corporation (NCDC).
The modules will impart training to primary cooperative societies in rural areas of the country. The National Cooperative Development Corporation is a statutory Corporation, under the aegis of Ministry of Agriculture and Farmers Welfare.

Notes:
HDFC Bank became the first bank in the Indian history to cross the Rs 8-trillion market capitalisation milestone.
The stock price has also surpassed its previous lifetime high and stood at Rs 1464 apiece on the BSE. The private sector bank now stands at third position in the overall market-cap ranking of listed companies, after Reliance Industries and Tata Consultancy Services that have crossed Rs 10 trillion.

Notes:
As per the recent report released by ‘Transparency International’, as many as 74 per cent of the respondents said corruption is one of the biggest problems in their country.
The report also highlighted that around 19 % paid a bribe in the last 12 months, to access public service and youngsters are more likely to pay a bribe or use personal connection to avail public service.

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:
Under a new law approved by the Saudi Arabia’s King Salman bin Abdulaziz al-Saud, the Saudi Arabian Monetary Authority will be renamed to Saudi Central Bank.
However, the Central Bank will continue to use its acronym “SAMA” due to its historic significance and relevance. The new law also mandates the objectives of the Central Bank to maintain monetary stability, support economic growth and to directly report King of Saudi Arabia.