Current Affairs Quiz - October, 2020

Notes:
Flipkart and Bajaj Allianz have collaborated to offer ‘Digital Suraksha Group Insurance’.
The insurance product is aimed at customers who wish to cover themselves against financial losses incurred due to cyber-attacks, cyber frauds, or other such activities on online platforms. This insurance covers for direct financial loss due to online frauds up to the sum insured.

Notes:
It is reported that fraudulent transactions amounting Rs 12,705 crore has taken place in Dewan Housing Finance Corporation Limited (DHFL) during FY17 to FY19. These frauds pertain to development of 2 Slum Rehabilitation Authority (SRA) projects undertaken by DHFL.
This observation was made by “Grant Thornton”, a transaction investigating agency. The assistance of Grant Thornton was sought by the administrator of DHFL appointed under Insolvency and Bankruptcy Code.

Notes:
General Atlantic has proposed to invest Rs 3,675 crore in the Retail arm of Reliance.
With this investment, the company would get 0.84% stake in Reliance Retail Ventures. The fresh investment would value Reliance Retail Ventures at Rs.4.285 lakh crore. This is the second investment of General Atlantic in Reliance after its investment of Rs.6,598.38 crore in Jio.

Notes:
The United States has committed USD 1.9 million to support vulnerable people in India including those involved in informal sector workers.
This financial assistance from US Agency for International Development (USAID) is provided by the American people to partners in India. This will support the Revive alliance, to address challenges caused by unemployment and income gaps faced by workers.

Notes:
Suresh Prabhu, Member of Parliament from BJP, took part in the 3rd G20 Sherpas’ meeting, which was held in a virtual mode. He encouraged the member nations to enhance renewable energy production.
The G20 meeting is being organised under the Presidency of Saudi Arabia and the Sherpas’ meeting was attended by 30 participants including 20 countries.

Notes:
The Films Division has organized ‘Gandhi Filmotsav’, as a part of the final event of two years celebration of Mahatma Gandhi’s 150th Birth Anniversary.
The week-long online film festival was streamed on its Website and YouTube Channel. The birth anniversary of Mahatma Gandhi is celebrated on October 2 across the world. The birth anniversary of former Prime Minister Lal Bahadur Shastri is also celebrated on the same day.

Notes:
On the occasion of Gandhi Jayanti, the Swachh Bharat Diwas 2020 was celebrated which included the distribution of Swachh Bharat Puraskar.
In the Swachh Sundar Samudayik Shauchalaya (SSSS) campaign organized from 1st Nov 2019 to 30th April 2020, Gujarat state has been conferred with the first prize. Tirunelveli (Tamil Nadu) won the best district award.

Notes:
The E Way bill system is being implemented by the Central Board of Indirect Taxes and Customs (CBIC). It is an Electronic Way bill for movement of goods to be generated on the eWay Bill Portal. A GST registered person cannot transport goods more than Rs.50,000 without an e way bill.
Finance Secretary Dr Ajay Bhushan Pandey has recently stated that more than 5.74 crore e-way bills have been generated in the month of September 2020 which is seen as a sign of revival of business activities in the country.

Notes:
The Data Governance Quality Index (DGQI) survey is conducted by the nation’s think tank NITI Aayog, by its Development Monitoring and Evaluation Office.
The survey aims to evaluate the performance of different Ministries /Departments in implementing Central Sector Schemes (CS) and Centrally Sponsored Schemes (CSS). Department of Fertilizers has been ranked 2nd among 65 departments under the Data Governance Quality Index survey.

Notes:
Apurva Chandra has been appointed as the new Labour Secretary of Government of India. He is a 1988 batch IAS officer belonging to Maharashtra Cadre. He has replaced Heeralal Samariya.
He is an alumnus of IIT Delhi and is a Structural Engineer by education. His first big role will be the implementation of the three labour codes passed by the parliament recently.