Current Affairs Quiz - October, 2020

Notes:
Prime Minister Narendra Modi attended a first virtual summit with his counterpart of Denmark, Mette Frederiksen.
As per the joint statement, the new ‘Green strategic partnership’ will be based on existing Joint Commission for Cooperation for cooperation in various fields including politics, energy, environment and education.

Notes:
The Reserve Bank of India (RBI) has extended the enhanced borrowing facility provided to banks by six more months.
The facility to borrow under MSF scheme to meet liquidity shortage till March 31, 2021. Earlier in the March, the RBI had increased the limit from 2 per cent to 3 per cent of their net demand and time liabilities.

Notes:
The Defence Acquisition Council (DAC) headed by the Defence Minister Rajnath Singh has approved capital acquisition proposals in Defence sector worth Rs.229 crore.
The proposals include acquisition of 72,000 assault rifles from the United States of America. These proposals include material acquisitions from both Indian and foreign players and is aligned with Atma Nirbhar Policy of Self Reliance.

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:
As per the Appointments Committee of the Cabinet, senior bureaucrat P D Vaghela has been named as the new Chairman of the Telecom Regulatory Authority of India (TRAI).
P D Vaghela was a 1986- batch Gujarat cadre IAS officer replaces R S Sharma, who has held the post since 2015. Vaghela is to hold will serve as TRAI Chairman for three years or till he attains the age of 65.

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:
The CEO of NITI Aayog, Amitabh Kant has stated that the organization is fine tuning parameters and indicators used in ranking the 112 Aspirational Districts of India.
The Aspirational Districts Programme (ADP) was launched by the national think tank NITI Aayog in January 2018. It aims to transform 112 most backward districts that have shown relatively lesser progress in key social areas.

Notes:
NITI Aayog has organized a two-day national-level consultation programme on natural farming from 29th to 30th September.
The programme aims to bring out the socio-economic and environmental benefits of natural farming and to boosting farming income. Central and state government officials, scientists and experts from agriculture universities participated in this event.

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:
Indian Meteorological Department was established in 1875. As per a recent a recent release by the IMD, India received above normal monsoon during the 4-month long rainfall season of this year.
This year has recorded the second highest rainfall in the last 30 years. IMD has stated that the country received 109% rainfall during the Long Period Average, with 3 out of the 4 months receiving above normal precipitation.