Current Affairs Quiz-September, 2020

Notes:
The twin children of Mukesh Ambani – Isha and Akash Ambani have featured in the Fortune’s “40 Under 40” list of influential people around the globe.
The Ambani siblings are placed in the list for their contribution in turning around Reliance Industries’ consumer business. Akash Ambani joined the board of Reliance Industries Limited in 2014 and Isha Ambani joined the board a year later.

Notes:
A powerful Typhoon named “Maysak” (Cambodian word) hit North Korea and has brought heavy rain and floods in the region.
Maysak is the second typhoon in a week to hit the Korean peninsula. Another powerful Typhoon named Bavi made a land fall in the country in the last week of August 2020. The typhoon also hit the regions in South Korea.

Notes:
India has recently initiated an anti-dumping investigation on imports of Vitamin C from China, as per the recent statement from the Directorate General of Trade Remedies (DGTR).
Earlier, Bajaj Healthcare filed a complaint to DGTR that dumping is leading to a decline in its market share, profits and causing damage to the domestic industry. Vitamin-C is mainly used by the pharmaceutical companies.

Notes:
The International Day of Charity is observed every year on September 5, across the world. The day aims to sensitize people and NGOs to engage in volunteer and philanthropic activities.
This date of 5 September marks the day of the anniversary of the passing away of Mother Teresa. She was honoured as a Saint was known for her missionary work in Kolkata. She received the Nobel Peace Prize in 1979.

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:
As per the recent statement of the Fitch Ratings, the annual GDP growth of India is projected to contract more than 10.5 per cent.
Earlier, it had estimated that the GDP Growth would contract by 5 per cent in its June Global Economic Outlook (GEO). In its recent GEO, it has also highlighted that the Global Economy is projected to fall less than projected level.

Notes:
The Chief Minister of Kerala Pinarayi Vijayan inaugurated the Kochi Metro’s final stretch of the Phase-I covering Thykoodam to Petta which is 3 km long.
The inauguration was made virtually. With this, the phase-1 of Kochi Metro is complete at a cost of Rs.6218 crore. The inaugural function was presided by Hardeep Singh Puri, Union Minister of Housing & Urban Affairs.

Notes:
A loan agreement for $82 million has been signed between the Government of India, the Government of Himachal Pradesh and the World Bank (International Bank for Reconstruction and Development).
The loan would be used for implementation of Himachal Pradesh State Roads Transformation Project. The world bank loan is given for a term of 15 years including a grace period of 5 years.

Notes:
Recently National Statistical Office (NSO) has released a report on ‘Household Social Consumption: Education in India’ as part of 75th round of National Sample Survey.
As per the report, Kerala ranks No.1 in literacy with 96.2% literacy rate. It is followed by Delhi with 88.7% and Uttarakhand with 87.6%. Andhra Pradesh featured at the bottom with a rate of 66.4%.

Notes:
According to the recent data from the Controller General of Accounts, India borrowed a record high Rs 39, 165 Crores from Multilateral agencies.
India has undertaken this borrowing to meet expenses related to tackling Covid-19. This is the highest external financing for any full fiscal year. Earlier, in the financial year 2016-17, India had borrowed Rs14,811 crore in external sources.