Current Affairs Quiz - November, 2020

Notes:
The Five Eyes is an intelligence alliance comprising Australia, Canada, New Zealand, the United Kingdom and the United States.
It was first formed during the post-World War II times. Under the coalition, there have been joint signals intelligence collection and sharing. The 5 countries hold ministerial consultations regularly on various security issues.

Notes:
Competition Commission of India (CCI) has approved the acquisition of retail, wholesale, logistics & warehousing businesses of Future Group by Reliance Retail Ventures Ltd and Reliance Retail and Fashion Lifestyle Ltd.
In the month of August this year, Reliance Industries Ltd (RIL) acquired the businesses of Kishore Biyani’s Future Group for Rs 24,713 crore. After the approval, RIL will have access to around 1800 retail stores of Future Group.

Notes:
Technology Giant Google has paid Rs 33,737 crore to Reliance Industries Limited’s (RIL) digital subsidiary, Jio Platforms Ltd.
Google will now hold 7.73% stake in Jio Platforms and has joined the list of global investors including Facebook, Silver Lake, General Atlantic among others. This is also the biggest-ever investment of Google in an Indian company.

Notes:
According to the IMD, Cyclone Nivar is estimated to cross Tamil Nadu and Puducherry coasts and make landfalls in the evening on November 25.
The IMD also highlighted that the cyclone will cross as a severe cyclonic storm with a wind speed of 120-130 kmph strengthening up to 145 kmph. Over 1000 National Disaster Response Force (NDRF) rescue personnel have been deployed in the state of Tamil Nadu and its neighbouring coastal areas.

Notes:
Life Insurance Corporation of India has launched a digital application named ‘ANANDA’, which is an acronym for Atma Nirbhar Agents New Business Digital Application.
Using the Digital application, life insurance policy can be applied through a paperless module with the help of the agent or intermediary. The application is developed based on paperless KYC process using Aadhaar-based e-authentication.

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:
The Union Cabinet recently approved Rs 6,000 crore equity infusion in National Infrastructure Investment Fund’s (NIIF’s) debt platform.
The fresh capital would be infused over the current and the next fiscal, to fast-track infrastructure development in the country. Out of this, Rs 2,000 crore is expected to be utilised in the current fiscal, while the remaining will be deployed in 2021-22.

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:
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.