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:
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:
The World Health Organization (WHO) has designated 2020-2030 as the “Decade of Healthy Ageing”. International Day of Older Persons is observed on October 1 every year.
United Nations designated this day to focus on the well-being and special needs of the elderly people. The UN theme of the International Day of Older Persons 2020 is “Pandemics: Do They Change How We Address Age and Ageing?”.

Notes:
Madhabi Puri Buch is the first woman Whole-time member (WTM) of Securities and Exchange Board of India (SEBI).
She is also the first from the private sector to be appointed a SEBI Board member. The Appointments Committee of the Cabinet (ACC) has recently approved the extension of her appointment as WTM for one year beginning October 4, 2020.

Notes:
Union Ministry of Tourism organised a webinar on “Charkhe pe Charcha” under its Dekho Apna Desh Webinar Series on 2nd October 2020.
The Webinar focused on spinning wheel and Khadi. Mahatma Gandhi placed Khadi in the forefront as a symbol of boycott of foreign cloth and thereby opposing colonialism. The webinar aimed to explore the dimensions of khadi in the freedom struggle of India.

Notes:
The Japanese automobile manufacturer Honda has announced to withdraw from Formula One (F1 racing) by the end of the 2021.
The decision has been announced by Honda, to achieve its goal of carbon neutrality and other environmental initiatives. Honda has been the engine supplier for the F1 teams Red Bull and Alpha Tauri.

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:
According to a data published by the National Bank for Agriculture and Rural Development (NABARD), Regional rural banks (RRBs) as a whole reported net loss of Rs 2,206 crore in the fiscal year 2019-20.
This figure was against Rs 652-crore net loss in the fiscal year 2018-19. Gross non-performing assets (NPA) as a percentage of gross loans outstanding of RRBs marginally declined to 10.4 per cent as on March 31, 2020.

Notes:
The Centre for Development of Advanced Computing (C-DAC) is set to commission India’s largest HPC-AI supercomputer, ‘PARAM Siddhi – AI’.
The initiative has been led by Scientist and Program Director at CDAC Abhishek Das. The same has been approved by the Union Minister of Electronics and IT Ravi Shankar Prasad. The supercomputer will have 210 AI Petaflops and will be based on NVIDIA DGX SuperPOD reference architecture.

Notes:
Indian Farmers Fertilizer Cooperative Limited (IFFCO) has partnered with Prasar Bharati to promote new agricultural technology and innovations.
As per the agreement, DD Kisan channel will broadcast various innovative techniques adopted in agriculture and the innovations of IFFCO through 30 minutes program series.