Current Affairs Quiz - November, 2020

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:
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:
The United Nations Development Programme (UNDP) and Invest India has recently launched the SDG Investor Map for India.
UNDP highlighted 18 investment opportunities areas (IOAs), which are in 6 important SDG (sustainable development goals) enabling sectors including education, healthcare, agriculture among others. This is expected to bridge the SDG financing gap occurred due to the Covid-19 pandemic.

Notes:
NITI Aayog released a report titled ‘Mitigation and Management of Covid-19: Practices from India’s States & UTs’.
It is a compendium of practices from States and UTs with information about the initiatives implemented by states, districts, and cities in India for containing Covid-19 outbreak. The practices in the compendium have been divided under six sections.

Notes:
Prime Minister Narendra Modi recently chaired the PRAGATI meeting. This marked the thirty-third interaction through the multi-modal platform.
The PRAGATI (Pro-Active Governance and Timely Implementation) involving Central and State governments. Prime Minister along with the Secretaries of the Union and State review various projects and schemes. Grievances registered in various sectors are also taken up.

Notes:
The Motor Vehicles Act, 1988 has been amended by the Motor Vehicles Amendment Act, 2019 to include the definition of the term ‘Aggregator’.
The Ministry of Road Transport and Highways has issued the Motor Vehicle Aggregator Guidelines 2020, to regulate shared mobility services. The ride hailing services require permission from the state governments to start operations, and states will follow the norms specified by the Centre.

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 Government of Madhya Pradesh has made a change in “Draft Madhya Pradesh Freedom of Religion Bill 2020”. As per the revised draft, marriages for forcible religious conversions would be a punishable offence with a jail term of 10 years.
Earlier, the proposed bill contained that the term of jail would be 5 years. The Government is expecting to table the bill in the state assembly session to be held in December.

Notes:
The Government of France has decided to re-introduce tax on big Digital firms like Facebook, Amazon, Google etc.
In the early 2020, France suspended the tax on such big digital firms in exchange for a promise by USA to reduce taxation on French products. Since the US administration pulled out of the negotiation, France has decided to reintroduce levy of tax on digital firms.

Notes:
The United Arab Emirates (UAE) is set to become the first Arab Gulf country to generate electricity from coal.
A USD 3.4 billion Hassyan coal plant is being set up in Dubai with a capacity of 600 MW. The capacity is expected to increase to 2,400 MW by 2023. Most of the existing power plants in UAE runs on Gas.