Current Affairs Quiz - October, 2020

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:
The National Institute of Nutrition (NIN) under the Indian Council of Medical Research (ICMR) has revised the ideal weight for adult Indian men from 60 kg to 65 kg.
Similarly, the NIN has revised the ideal weight for adult Indian women from 50 kg to 55 kg. The definition of Indian adult also stands revised from 20-39 years to 19-39 years.

Notes:
The 19th round of Foreign Office Consultations between India and Myanmar was recently held through virtual mode.
India committed to provide debt service relief under the G-20 Debt Service Suspension Initiative, for the period May 1, 2020 to December 31, 2020. Both the countries agreed to enhance their mutual cooperation. A Joint Trade Committee Ministerial Meeting is also to be held on October 20.

Notes:
Indian Foreign Service officer Devyani Uttam Khobragade has been appointed as India’s next ambassador to Cambodia.
This has been announced by the Ministry of External Affairs. Ms Khobragade is a 1999-batch Indian Foreign Service officer, currently serving as a joint secretary in the External Affairs Ministry. She has served in Indian missions in Berlin, Islamabad, Rome and New York.

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:
On Mahatma Gandhi’s 151st birth anniversary, the world’s highest architecture Burj Khalifa tower in Dubai, United Arab Emirates was illuminated with Mahatma Gandhi’s image along with his message.
His famous quote ‘Peace between countries must rest on the solid foundation of love between individuals’ was displayed on the iconic tower.

Notes:
Ravi Santhanam, the Chief Marketing Officer (CMO) of HDFC Bank has been recognized in the Forbes list of ‘The World’s Most Influential CMOs’.
He is the only CMO of an Indian company to be featured in the prestigious list and he was ranked at 39th place. The list includes marketing heads of Apple, BMW, Adobe, and Microsoft among others. He was behind the ‘HDFCBankSafetyGrid’ and ‘HumHaarNahiMaanenge’ campaigns.

Notes:
The National Mission for Clean Ganga along with Wildlife Institute of India and the Forest Department launched the ‘My Ganga My Dolphin’ campaign.
This has been launched on the occasion of Ganga River Dolphin Day observed on October 5, 2020. A Dolphin-based ecotourism programme was also launched at various sites along the Ganga River. Under the campaign, Dolphin Census will be conducted and awareness campaigns would be held.

Notes:
The Reserve Bank of India (RBI) has recently announced that Finance companies cannot be set up with foreign direct investment (FDI) from Mauritius or other domains that do not meet the benchmarks laid down by Financial Action Task Force (FATF).
This move of the Reserve Bank is expected to impact the huge annual inflows in the Non-Banking Financial Companies (NBFC) space.

Notes:
The Indian Air Force is celebrating 88th Air Force Day on October 8. On the same day, the Air Force in India was officially formed in 1932 to support the Royal Air Force of the United Kingdom.
After 1950, the force was renamed as the Indian Air Force from its earlier name of the Royal Indian Air Force. The Indian Air Force is the largest air Defence force in the world.