Current Affairs Quiz - October, 2020

Notes:
The President of United States of America Donald Trump has announced its plans to distribute 150 million “15 minute” rapid Covid-19 test kits in the coming weeks.
Out of these 50 million test kits would be used for most vulnerable communities of the country, like nursing homes, assisted living facilities etc.

Notes:
The Chairman of Reliance Industries Limited – Mukesh Ambani, has topped the IIFL Wealth Hurun India Rich List 2020.
He has been in the top of the list for 9 consecutive years. His total wealth amounts to Rs. 6,58,400 crore and it has grown by 73% in the past one year.

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:
NITI Aayog and the Embassy of the Netherlands, New Delhi recently signed a Statement of Intent (SoI) on ‘Decarbonization and Energy Transition Agenda’.
Under this partnership, NITI Aayog and the Dutch Embassy aim to create innovative technological solutions to accommodate cleaner energy. It also aims to lower the net carbon footprint, to promote bio-energy technologies among others.

Notes:
The Ambedkar Social Innovation and Incubation Mission (ASIIM) has been launched by the Ministry of Social Justice and Empowerment under the Venture Capital Fund for SCs.
The mission has been launched with an aim to promote innovation and entrepreneurship among Scheduled Caste students studying in higher educational institutions.

Notes:
Suresh Prabhu, Member of Parliament from BJP, took part in the 3rd G20 Sherpas’ meeting, which was held in a virtual mode. He encouraged the member nations to enhance renewable energy production.
The G20 meeting is being organised under the Presidency of Saudi Arabia and the Sherpas’ meeting was attended by 30 participants including 20 countries.

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.

Notes:
Bongosagar is the bilateral naval exercise between India and Bangladesh. The second edition of the exercise was held in Northern Bay of Bengal.
Indian Navy ships Kiltan, Khukri and Bangladesh Navy Ships participated in surface warfare drills and other operations. This exercise will be followed by the third edition of India Bangladesh Coordinated Patrol (CORPAT).

Notes:
The National Stock Exchange of India Ltd (NSE) has completed its live trading and other business operations from a Disaster Recovery (DR) site.
As per a release from NSE, all commercial operations of the exchange were executed from the DR site which is located in another city, which is a replica of the main production site located in Mumbai. After successful testing of the DR site, the operations were reverted to the original site.

Notes:
Indian Army has signed a Rs.7,796 crore project with ITI Limited, a telecom & Defence equipment manufacturing PSU.
The project has been signed for Phase IV of Army Static Switched Communication Network (ASCON) project. The ASCON is a telecom network for secured communication across the country. The project also includes maintenance of the network for a period of 10 years by ITI Limited.