Current Affairs Quiz-September, 2020

Notes:
Prime Minister of India Narendra Modi is set to hold a programme named ‘SVanidhi Samvaad’ with street vendors from Madhya Pradesh.
Madhya Pradesh Chief Minister Shivraj Singh Chauhan will also participate in the program through video conferencing. Prime Minister is to interact with three beneficiaries from the state through virtual mode. 4.5 lakh street vendors of Madhya Pradesh registered in the PM SVANidhi scheme.

Notes:
As per a statement by Indian Meteorological Department (IMD), the rainfall received by the country in August 2020 is the highest since 1926.
August 1926 recorded a rainfall of 34.8 cm exceeding normal by 33%, whereas August 2020 recorded 32.7 cm rainfall exceeding normal by 27%. Also, IMD has stated that in June’20 to 6th September’20, India had registered 7% more rainfall than what is normal for this period.

Notes:
The Union Cabinet has approved the Foreign direct investment (FDI) limit in the Defence Sector through automatic approval to 74 per cent.
Earlier, the policy allowed 49 per cent FDI in Defence Sector. The new policy has a ‘National Security’ clause as a condition, that has been proposed by the Ministry of Commerce and Industry. The Government has the right to review any foreign investment that may affect national security.

Notes:
The Naval Force of Iran has started a three-day exercise in the Sea of Oman named ‘Zolfaghar-99’, in the strategic Strait of Hormuz.
The Navy is expected to test-fire surface-to-surface and shore-to-sea cruise missiles and rocket-launching systems fitted on warships, submarines, aircraft and drones. The exercise also aims to devise defensive strategies to safeguard the country’s territorial regions.

Notes:
Union Defence Minister Rajnath Singh has launched the website of Aero India 2021, which is claimed to be the largest aero show of Asia.
The 13th edition of show is scheduled to be held at Air Force Station, Yelahanka, Bengaluru from February 3 to February 7 next year. The newly launched website will host and stream all online services related to the event.

Notes:
The United States of America (USA) has recently revoked the Visas of more than 1,000 Chinese students and researchers.
The move is under the directions of the US President Donald Trump in May 2020. The proclamation is aimed at Chinese nationals who are suspected to have ties with Chinese military. In this regard, China has accused US of racial discrimination.

Notes:
Reliance Industries Limited (RIL) has become the first Indian company to surpass USD 200 billion in market capitalisation. The RIL had market capitalisation of Rs.15.3 trillion (USD 208 billion).
RIL is followed by Tata Consultancy Services (TCS) with market capitalization of Rs 8.75 trillion (USD 119 billion). RIL is the 40th most valuable firm globally.

Notes:
The Government of India has released a sum of Rs.6,195 crore to 14 states as Revenue Deficit Grant. This is as per the recommendations of the 15th Finance Commission.
Andhra Pradesh, Assam, Himachal Pradesh, Kerala, Manipur, Meghalaya, Mizoram, Nagaland, Punjab, Sikkim, Tamil Nadu, Tripura, Uttarakhand and West Bengal are the 14 states to receive the grant from centre.

Notes:
Prime Minister of India Narendra Modi has recently dedicated three petroleum projects at Bihar to the nation.
Indian Oil’s 193 km long Durgapur-Banka section of the Paradip-Haldia-Durgapur LPG pipeline, Indian Oil’s Cooking gas bottling plant at Banka and HPCL’s LPG bottling plant at Harsidh are the three projects at Bihar which have been inaugurated by the Prime Minister.

Notes:
India has voted in favour of a COVID-19 resolution in the U.N. General Assembly (UNGA), along with 168 nations.
The resolution reaffirms international cooperation to respond to COVID. It also acknowledges the WHO’s leadership role during the pandemic. The U.S. and Israel voted against the resolution while Ukraine and Hungary abstained.