Current Affairs Quiz - October, 2020

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:
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:
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:
NITI Aayog and the Embassy of the Netherlands, New Delhi recently signed a Statement of Intent (SoI) on ‘Decarbonization and Energy Transition Agenda’.
Under this partnership, NITI Aayog and the Dutch Embassy aim to create innovative technological solutions to accommodate cleaner energy. It also aims to lower the net carbon footprint, to promote bio-energy technologies among others.

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:
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 National Statistical Office (NSO) conducted the first of its kind “Time Use Survey in India” during the period from January to December 2019. The result of the survey has been released recently in the form of a report.
The survey measures the time spent on paid activities, care activities, unpaid activities, etc. NSO conducted the survey covering 1,38,799 households in both urban and rural areas.

Notes:
October 2 is observed as the International Day of Non-Violence every year by the United Nations, to commemorate the birth anniversary of Mahatma Gandhi.
The UN General Assembly in a resolution on 15 June 2007 declared this day. The objective of this day is to spread the message of non-violence through education and public awareness. Gandhi is known across the world for his non-violence movement ‘Satyagraha’.

Notes:
The Department of Economic Affairs of the Union Finance Ministry is responsible for preparing the Union Budget.
The Finance Ministry has commenced the exercise for Union Budget 2021-22 by issuing the traditional circular. The Budget is expected to be presented to Parliament on February 1, 2021. The discussions will start from October 16 and continue till the first week of November.

Notes:
Indian Army has signed a Rs.7,796 crore project with ITI Limited, a telecom & Defence equipment manufacturing PSU.
The project has been signed for Phase IV of Army Static Switched Communication Network (ASCON) project. The ASCON is a telecom network for secured communication across the country. The project also includes maintenance of the network for a period of 10 years by ITI Limited.