Current Affairs Quiz - October, 2020

Notes:
Leading stock exchange, the Bombay Stock Exchange (BSE) announced that it has signed a pact with private sector bank Yes Bank to empower the small and medium enterprises (SMEs).
As per the BSE, the agreement aims to empower SMEs listed on the platform, through awareness and knowledge-sharing programmes, for export promotion and banking and financial solutions. The bank will also offer customised services and products to the listed SMEs.

Notes:
As per the recent cautionary message from the Indian Council of Medical Research (ICMR), a new virus named ‘Cat Que’ emerged in China.
This virus comes from Culex mosquitoes and pigs in China and Vietnam. As per ICMR, India also provides breeding climate to this species of Culex mosquitoes. This is published in the Indian Journal of Medical Research (IJMR).

Notes:
Serum Institute of India (SII) has partnered with Gavi COVAX and Bill & Melinda Gates Foundation to produce an additional 100 million doses of the COVID 19 vaccine.
The vaccine is presently being tested by SII. The additional production is targeted at 61 Low- and Middle-Income countries, including India.

Notes:
SBI Cards and American Express have entered into a strategic partnership. This partnership will allow SBI Card’s premium products – SBI Card ELITE and SBI Card PRIME to be available on American Express global network.
It would offer enhanced premium experience to the customers of SBI Cards like complimentary domestic lounge program, access to VIP upgrades and privileges at hotels, restaurants and retail outlets around the world.

Notes:
Google India has recently announced the launch of its nationwide campaign named ‘Make Small Strong’.
It aims to help support small businesses and enhance demand through customer support. It encourages people to buy locally and promote their favourite retailers by posting reviews. This new programme is based on feedback from Small and Medium Businesses.

Notes:
A ‘High Level Monitoring Committee’ is proposed to be set up by India and Bangladesh to review projects implemented with Line of Credit (LoC) provided by India.
The decision was made at the 6th Joint Consultative Commission (JCC) meeting between the two countries held in a virtual mode. The High-Level Monitoring Committee would be headed by Secretary, Economic Relations Division of Bangladesh and High Commissioner of India in Bangladesh.

Notes:
The Ambedkar Social Innovation and Incubation Mission (ASIIM) has been launched by the Ministry of Social Justice and Empowerment under the Venture Capital Fund for SCs.
The mission has been launched with an aim to promote innovation and entrepreneurship among Scheduled Caste students studying in higher educational institutions.

Notes:
RAISE 2020 – `Responsible Artificial Intelligence for Social Empowerment 2020’ would be organized jointly by Ministry of Electronics & Information Technology and the national think tank NITI Aayog.
The event would be held from October 5 – 9, 2020 in a virtual mode. Prime Minister Narendra Modi would inaugurate the summit.

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 Reserve Bank of India (RBI) approved the appointment of Committee of Directors (CoD) to run Dhanlaxmi Bank.
RBI is said to have approved a three-member interim committee of directors, headed by G Subramonia Iyer, to run the bank. Earlier, the shareholders voted out the bank’s MD and CEO Sunil Gurbaxani.