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:
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:
The first ever “International Day of Awareness of Food Loss and Waste” is observed on 29th September 2020 by the Food and Agriculture Organization (FAO) of the United Nations.
The day is observed with the message “Stop food loss and waste – for the people, for the planet”. The day aims to create awareness about food loss and calls for global action to maximize the use of food.

Notes:
India has successfully test fired a new version of the surface-to-surface supersonic cruise missile BrahMos.
The missile with a number of indigenously developed sub-systems including a Booster was flight-tested from the integrated test range at Balasore in Odisha. It has an extended range of about 400 km from the earlier 290 km range.

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:
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:
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 Defence Research and Development Organisation (DRDO) has successfully tested a system of Supersonic missile-assisted release of torpedo called SMART.
The lightweight anti-submarine torpedo has been tested from the Wheeler Island in Odisha. This system is to be deployed for anti-submarine warfare operations far beyond the torpedo range. All the mission objectives were met during the test.

Notes:
Tata Consultancy Services (TCS) became the second Indian firm after Reliance Industries Limited (RIL) to attain a market valuation of more than Rs 10 lakh crore.
Due to a rally in its share price, the company’s market valuation jumped to Rs 10, 03,012.43 crore on the BSE. Last month, the company became the second Indian firm to have a market valuation of over Rs 9 lakh crore.

Notes:
The Indian Institute of Management (IIM) Kozhikode is set to launch an e-learning hub and library as a pilot project for villagers in Mavoor.
The village is one among the five villages adopted by the institution under the Unnat Bharat Abhiyan. Under the scheme, academicians are engaged in solving the local problems of the society. IIM Kozhikode is a partner institute for the UBA programme.