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 World Health Organization has announced that the body along with its leading partners to make available 120 million rapid-diagnostic tests for Covid-19.
The programme aims to help lower and middle-income countries in bridging the gap in testing process, though they are not funded. ‘WHO’ aims to provide the rapid diagnostic tests at five US Dollars apiece.

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:
The National Institute of Nutrition (NIN) under the Indian Council of Medical Research (ICMR) has revised the ideal weight for adult Indian men from 60 kg to 65 kg.
Similarly, the NIN has revised the ideal weight for adult Indian women from 50 kg to 55 kg. The definition of Indian adult also stands revised from 20-39 years to 19-39 years.

Notes:
Union Minister of Tribal Affairs Arjun Munda is to launch India’s largest handicraft and organic products marketplace named ‘Tribes India E-Marketplace’
This marketplace will be launched on the occasion of Gandhi Jayanti. This initiative of TRIFED will showcase the produce and handicrafts of tribal enterprises from all parts of the country. The Minister will also launch Pakur Honey, gathered by Santhal Tribals from Pakur, Jharkhand.

Notes:
The Films Division has organized ‘Gandhi Filmotsav’, as a part of the final event of two years celebration of Mahatma Gandhi’s 150th Birth Anniversary.
The week-long online film festival was streamed on its Website and YouTube Channel. The birth anniversary of Mahatma Gandhi is celebrated on October 2 across the world. The birth anniversary of former Prime Minister Lal Bahadur Shastri is also celebrated on the same day.

Notes:
The Indian Council of Medical Research (ICMR) has developed highly purified ‘Antisera’ for prevention and treatment of Covid-19.
ICMR along with Hyderabad-based Biological E. Limited have developed highly purified antisera, which was raised in animals, for prophylaxis and treatment of COVID-19. This was previously used in medical science to treat many viral and bacterial infections.

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:
Singapore based sovereign wealth fund GIC and global private equity firm TPG Capital have invested a total of Rs. 7,350 crores in Reliance Retail.
Reliance Retail Ventures has attracted more than USD 2 billion in investments from global investors, over the past few months. GIC will invest for a 1.22 percent stake while TPG Capital Management will invest for a 0.41 percent equity stake.