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:
Famous Actor Sonu Sood has been conferred with “SDG Special Humanitarian Action Award” by the United Nations Development Programme (UNDP).
The award has been conferred upon him for his selfless assistance rendered to migrants, stranded students abroad and bring them back to India. He also opened his hotel in Mumbai for health care workers of nearby hospitals.

Notes:
Sheikh Nawaf al-Ahmad al-Sabah, also known as Sheikh Nawaf has been sworn in as the Emir (Head) of Kuwait.
The previous ruler Sheikh Sabah al-Ahmad al-Jaber al-Sabah has recently died in the United States at the age of 91. Sheikh Sabah ruled the country for more than 14 years and the new Crown Prince Sheikh Nawaf is 83 years old.

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:
“Operation My Saheli” has been launched by the South Eastern Railway, to boost the safety of women passengers during their entire train journey. The operation protects women from originating point to destination.
In a pilot mode, the operation has been introduced in 3 trains namely trains Howrah-Yeshvantpur Duronto Special, Howrah- Ahmedabad Special and Howrah-Mumbai special trains.

Notes:
Abu Dhabi-based sovereign wealth fund Mubadala Investment will invest Rs 6,247.5 crore to acquire a 1.4 per cent stake in Reliance Retail.
This is the fourth investor in Reliance Retail Ventures Ltd (RRVL) and the third such deal recently. Earlier, global private equity firm General Atlantic and Silver Lake bought 0.84 per cent stake and 2.13 per cent stake in the company respectively.

Notes:
The Defence Research and Development Organisation (DRDO) has successfully test fired an indigenously developed laser-guided anti-tank guided missile (ATGM).
The missile was test fired from the third-generation main battle tank, Arjun from a range at Ahmednagar, Maharashtra. The ATGM has been developed with a capability to launch from multiple platforms.

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 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.

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.