Current Affairs Quiz-September, 2020

Notes:
Leading Information Technology company Infosys has entered into an agreement to acquire US-based product design and development firm Kaleidoscope Innovation.
The deal has been finalised at USD 42 million and the acquisition is to ne completed in the second quarter. This deal is expected to strengthen the presence of Infosys in the US markets in the field of medical devices and consumer markets.

Notes:
A painting of V.S. Gaitonde has become the most expensive work of art by an Indian artist, as it has fetched Rs 32 Crore at an auction held at Mumbai auction house Pundole.
The untitled oil-on-canvas painting was created in the year 1974 and was bought by an unnamed international buyer. This sale breaks the record held by another art work of V.S. Gaitonde that fetched Rs 29.3 crore in the year 2015.

Notes:
The Vodafone Idea Limited has revealed its new integrated brand identity “VI” (read as ‘We’), using just the initials of both Vodafone and Idea.
The new brand name has been launched after 2 years since the merger of Vodafone and Idea took place. The company has also revealed a reward programme named ‘Happy Surprises’. The Supreme Court has given telecom companies 10 years to pay adjusted gross revenue dues (AGR) dues.

Notes:
The Asian Development Bank (ADB) and the Government of India has recently signed a USD 500 million loan, to build the Delhi-Meerut Regional Rapid Transit System (RRTS) corridor.
This is the first tranche of a total USD 1 billion facility extended to construct the modern, high-speed 82-kilometer RRTS corridor in India’s national capital region (NCR). A total of three priority rail corridors planned under the NCR Regional Plan 2021, to connect Delhi to other cities.

Notes:
World No.1 Tennis player Novak Djokovic was declared disqualified from the ongoing 2020 US Open recently at its 4th round.
This decision was taken for accidentally hitting a line judge in throat with a tennis ball, during a match against Spain’s Pablo Carreno Busta. Djokovic was justified that it was not done intentionally, but after 12 minutes of discussion, the referee decided to disqualify him as per the Grand Slam regulations.

Notes:
The Country’s second and South India’s first Kisan Rail service has been recently flagged off.
This would connect Anantapur in Andhra Pradesh to Adarsh Nagar Railway Station in Delhi. The train was flagged off by the Union Minister for Agriculture Narendra Singh Tomar. The Kisan Rail scheme was announced in Budget 2020-21 for transport of agricultural products.

Notes:
India and Japan have recently signed a key agreement for Reciprocal provision of supplies and services between their Defence forces.
Called as the Acquisition and Cross-Servicing Agreement (ACSA), it facilitates smooth provision of supplies and services between Japan’s Self-Defense Forces and India’s armed forces. This agreement is expected to promote military cooperation and regional security.

Notes:
The Government of Gujarat has announced the state’s first Heritage Tourism Policy. The policy permits use of historic buildings (pre-1950 historical buildings) such as heritage palaces and forts, as heritage hotels, heritage museums, heritage banquet halls and heritage restaurants etc.
Under the policy, the State Government will offer an aid of Rs. 5 – 10 crore for renovation of these heritage structures.

Notes:
The Government of India has set up an Empowered Group of Ministers headed by the Defence Minister Rajnath Singh, to oversee and guide the entire process of corporatization of Ordnance Factory Board.
The Union Government recently announced that Ordnance Factory Board (OFB) – a subordinate office of Defence Ministry would be converted into one or more 100 % Government owned corporate entities.

Notes:
Union Labour and employment minister Santosh Gangwar represented India in the virtual Meeting of Labour and Employment Ministers of G-20 nations.
The G20 meet focussed on the G20 Youth Roadmap 2025 and discussed measures to curb the impact of Covid-19 on the Labour market. The meet also identified indicators relating to youth for the first time.