Current Affairs Quiz-September, 2020

Notes:
Indian Union Minister for Commerce and Industry Piyush Goyal, and his counterparts from Australia and Japan attended the Australia-India-Japan Economic Ministers’ Joint meeting on Supply Chains Resilience.
As per the joint statement released, the countries have decided to launch an initiative to build a resilient supply chain in Indo-Pacific region. They have also decided to keep their markets open and thereby creating a transparent trade environment. This is expected to reduce China’s dominance.

Notes:
As per the Bloomberg Billionaires Index, the CEO of the leading space company SpaceX, Elon Musk is now the third-richest person in the world.
The 49-year old billionaire has surpassed Facebook co-founder Mark Zuckerberg. Elon Musk’s net worth raised to USD115.4 billion while that of Zuckerberg is USD 110.8 billion. The first and the second positions were featured by Bill Gates and Jeff Bezos respectively.

Notes:
The Union Cabinet, headed by Prime Minister Narendra Modi has approved a MoU with Finland in the field of geology.
The MoU seeks for cooperation in the field of geology and mineral resources between Geological Survey of India (Ministry of Mines) and Geological Survey of Finland. The countries would work for mutual economic, social and environmental benefits.

Notes:
The Government of Australian has appointed former star cricketer Matthew Hayden as trade envoy for promoting business ties with India, along with two new members.
He has been named as the Member of Australia-India Council. Ashok Jacob has been reappointed as Chair and Indian-origin politician Lisa Singh will be the Deputy Chair. Another new member was former Australian politician Ted Baillieu.

Notes:
The Andhra Pradesh Industrial Infrastructure Corporation Ltd (APIIC) has entered into a MoU with CSIR-Indian Institute of Chemical Technology for setting up of Bulk Drug Park in the state.
As per the MoU, CSIR-IICT will act as a knowledge partner and provide technical assistance to prepare a proposal to be submitted by the Andhra Pradesh Government to the Union Ministry of Chemicals and Fertilizers, for seeking financial assistance.

Notes:
In the Global Innovation Index (GII) released for the year 2020 by World Intellectual Property Organization (WIPO), Cornell University and INSEAD business school, India has been ranked at 48th position among 131 nations.
India has moved up by 4 places from the previous ranking. Switzerland has topped the chart followed by Sweden and US.

Notes:
The Reserve Bank of India has approved the appointment of Murali Ramakrishnan as the new Managing Director & CEO of Kerala-based South India Bank.
Earlier, He has retired from ICICI Bank as Senior General Manager and joined the Bank in the post of an Advisor, three months ago. Murali Ramakrishnan will lead the bank for a period of three years with effect from October 1, 2020.

Notes:
The Bangladeshi vessel named “MV Premier” made a trial run from Daudkandi in Bangladesh to Sonamura in Tripura, through the river Gumti.
The vessel was loaded with 50 metric tonne of cement and covered a distance of 93 kilometers through the river. This trial run would enhance connectivity between Bangladesh and the North Eastern states of India boosting bilateral trade with Bangladesh.

Notes:
An important meeting of the BIMSTEC (Bay of Bengal Initiative for Multi-sectoral Technical and Economic Cooperation) was held virtually under the chairmanship of Sri Lanka.
During the meeting discussions were focussed on ways to expand cooperation among its member nations to deal with various challenges Covid-19. BIMSTEC is a multinational grouping of India, Bangladesh, Myanmar, Sri Lanka, Thailand, Bhutan and Nepal.

Notes:
The President of India Ram Nath Kovind has conferred the National Award to teachers on the occasion of Teachers’ Day, which is celebrated on the birth anniversary of Sarvapalli Radhakrishnan.
As many as 47 educators across the country were conferred with the prestigious award for their selfless contribution for promoting education. Around 40 percent of the winners were women and this is the first time the event is held virtually.