Current Affairs Quiz - October, 2020

Notes:
India’s largest carmaker Maruti Suzuki India has announced that it has shortlisted five start-ups, as part of its MAIL (Mobility & Automobile Innovation Lab) programme.
With these new companies, Maruti Suzuki is engaged with 14 start-ups under the MAIL programme in the last 18 months. The initiative aims to create innovative business solutions and promote innovation in automobile sector.

Notes:
The Chairman of Reliance Industries Limited – Mukesh Ambani, has topped the IIFL Wealth Hurun India Rich List 2020.
He has been in the top of the list for 9 consecutive years. His total wealth amounts to Rs. 6,58,400 crore and it has grown by 73% in the past one year.

Notes:
The first ever “International Day of Awareness of Food Loss and Waste” is observed on 29th September 2020 by the Food and Agriculture Organization (FAO) of the United Nations.
The day is observed with the message “Stop food loss and waste – for the people, for the planet”. The day aims to create awareness about food loss and calls for global action to maximize the use of food.

Notes:
International Translation Day is an international day celebrated annually on 30 September across the world.
The day is celebrated the feast of St. Jerome, the Bible translator who is considered the patron saint of translators. The celebrations have been led by International Federation of Translators, since it was set up in the year 1953.

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:
China is expected to send the world’s first mining robot into space by November 2020 through a private Beijing company, Origin Space.
The mining robot named as an ‘Asteroid mining robot’ will be a part of the preliminary assessment to identify and extract valuable resources. The spacecraft NEO-1 will be launched onboard a Chinese Long March rocket.

Notes:
The Indian Council of Medical Research (ICMR) has developed highly purified ‘Antisera’ for prevention and treatment of Covid-19.
ICMR along with Hyderabad-based Biological E. Limited have developed highly purified antisera, which was raised in animals, for prophylaxis and treatment of COVID-19. This was previously used in medical science to treat many viral and bacterial infections.

Notes:
The Union Finance Ministry has permitted Uttar Pradesh to raise an additional Rs.4851 crore of debt which is linked to the reforms undertaken in Public Distribution System (PDS). The additional borrowing can be done by rolling out “One Nation One Ration Card” scheme in the state.
Andhra Pradesh has been permitted for additional borrowing of Rs.2,525 crore for which it will have to make reforms on Ease of Doing Business. In May, the centre increased the borrowing limits of states from 3% to 5% of GSDP. Out of the additional 2%, 0.25% is linked to reforms in PDS and 0.25% is linked to ease of doing business.

Notes:
The Indian Army has recently built a memorial in Eastern Ladakh for its 20 personnel killed in the violent clash at Galwan Valley.
The memorial has the names of all 20 personnel killed on June 15, in a clash to evict Chinese People’s Liberation Army (PLA). The memorial has inscription titled “Gallants of Galwan”. The troops were led by Col. B Santhosh Babu.

Notes:
The Centre immediately released nearly Rs 20000 crore among the states from the amount collected as compensation cess this year.
After the 42nd GST Council meet, the Union Finance Minister Nirmala Sitharaman also informed that the Centre will also disburse Rs 25000 crore towards Integrated GST for 2017-18 to the states which received less amount due to the anomalies.