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:
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:
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 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:
Leading Power Sector organisation, NTPC Ltd has recently signed the Memorandum of Understanding (MoU) with Ministry of Power.
Under the MoU, the key targets were fixed for the year 2020-21, which include 340 BU of electricity generation, 15 MMT of coal production under excellent category. It also includes other financial parameters including Capex and Revenue from operations.

Notes:
Google India has recently announced the launch of its nationwide campaign named ‘Make Small Strong’.
It aims to help support small businesses and enhance demand through customer support. It encourages people to buy locally and promote their favourite retailers by posting reviews. This new programme is based on feedback from Small and Medium Businesses.

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:
Mineral Exploration Corporation Limited (MECL) has commenced the exploration of the Kolar Gold Fields (KGF) in Karnataka. MECL is a Mini Ratna PSU under the Ministry of Mines.
This mining activity is expected to help resolve Bharat Gold Mines Limited (BGML) issue over exploration of the gold field, which is pending for past 16 years.

Notes:
The United States has committed USD 1.9 million to support vulnerable people in India including those involved in informal sector workers.
This financial assistance from US Agency for International Development (USAID) is provided by the American people to partners in India. This will support the Revive alliance, to address challenges caused by unemployment and income gaps faced by workers.

Notes:
The Indian Space Research Organisation (ISRO) has proposed to launch its Venus mission by the year 2025.
French space agency CNES would also participate in the mission. Presently, the two nations are working closely on ISRO’s human space mission Gaganyaan that aims to send 3 Indians to space by 2022.