Daily Current Affairs: November 1&2, 2020
Daily Current Affairs (November 1 & 2, 2020) like many other sections is inevitable and this also helps to score in the Banking awareness, Static GK, and Financial Awareness sections. Remember, Banking Awareness, and Static Awareness Questions are asked from the General Awareness section. This will also help you to ride your preparations for the forthcoming exams.
Also, Don’t forget to attend the Daily Current Affairs Quiz – November 1 & Daily Current Affairs Quiz – November 2 now @ our Bankersdaily Tests.
World Vegan Day- November 1:
- World Vegan Day is celebrated annually on November 1. It was first celebrated in the year 1994 to commemorate the 50th anniversary of the UK Vegan Society and the term ‘Vegan’. It is observed to motivate people to follow a vegan lifestyle, which is beneficial for animal welfare and the environment.
International Day to End Impunity for Crimes Against Journalists- November 2:
- United Nations recognized International Day to End Impunity for Crimes against Journalists is observed annually on November 2. The day draws attention to the low global conviction rate for violent crimes against journalists and media workers, estimated at only one in every ten cases.
PM Modi launches India’s first passenger seaplane service between Statue of Unity and Sabarmati Riverfront in Gujarat:
- Prime Minister Narendra Modi launched a seaplane service between the Statue of Unity near Kevadiya in Gujarat’s Narmada district and Sabarmati Riverfront in Ahmedabad.
- Modi also inaugurated the service by boarding the twin- engine plane from pond-3 close to Sardar Sarovar Dam near here. The service will cover the 200km distance between Sabarmati and Kevadia, in just 45 minutes by flight, which usually takes 4 hours.
- Capital: Gandhinagar
- Chief Minister: Vijay Rupani
- Governor: Acharya Devvrat
- National Park: Blackbuck NP, Vansda NP, Gir Forest NP, Marine NP, Gulf of Kutch.
Union Minister Dr. Jitendra Singh inaugurates Mansar Lake Development Plan in Jammu:
- Union Minister of State (Independent Charge) Development of North Eastern Region (DoNER) Jitendra Singh inaugurated the Mansar Lake Project in Jammu. Mansar Lake development plan was getting fulfilled after a long wait of 70 years. The project would attract 20 lakh tourists every year once completed.
Jammu and Kashmir:
- Capital: Srinagar (summer), Jammu (winter)
- Lt Governor: Manoj Sinha
- National Parks: Hemis National Park, City Forest (Salim Ali) National Park, Dachigam National Park, Kishtwar National Park.
- Wildlife Sanctuaries: Changthang Cold Desert WLS, Gulmarg WLS, Jasrota WLS, Baltal-Thajwas WLS, Karakoram (Nubra Shyok) WLS.
- Lakes: Mansar Lake, Nagin Lake, Wular Lake, Surinsar Lake, Dal Lake.
National Jal Jeevan Mission virtually organise rural water supply of all States and UTs:
- National Jal Jeevan Mission is organizing a conference with ministers in-charge of Rural Water Supply of all States and Union Territories through video conference.
- The aim of Jal Jeevan Mission is to ensure that every household has assured drinking water supply in an adequate quantity of prescribed quality on a long-term basis. Jal Jeevan Mission aims to provide tap water connections to the remaining over 15 Crore rural households by 2024.
Goa, Kerala and Chandigarh best governed states and Union Territory, Uttar Pradesh worst among large states by Public Affairs Index:
- Kerala has been named the best-governed state followed by Tamil Nadu and Andhra Pradesh in the country released by the Public Affairs Centre (PAC). The not-for-profit organisation is headed by former ISRO chairman K Kasturirangan. Uttar Pradesh, Odisha and Bihar were the worst performers and placed at the bottom of the rankings.
- While in the small state category, Goa was ranked first followed by Meghalaya and Himachal Pradesh.
- Among Union Territories, Chandigarh emerged the best governed UT followed by Puducherry and Lakshadweep. Dadar and Nagar Haveli, Andaman and Nicobar, Jammu and Kashmir were the least performers.
Government revises PLI scheme guidelines to boost local production of bulk drugs and medical devices:
- Department of Pharmaceuticals revised guidelines of the Production Linked Incentive (PLI) schemes for promoting domestic manufacturing of bulk drugs and medical devices keeping in view the suggestions and comments received from the industry.
- “Minimum Threshold” investment requirement has been replaced by committed investment taking into account availability of technology choices which varies from product to product, Ministry of Chemicals and Fertilizers stated.
Union Territory of Ladakh celebrating its first raising day:
- Union Territory of Ladakh is celebrating its first raising day and thus the Union Territory Foundation Day on October 31, 2020. The region which was initially a part of the state of Jammu and Kashmir became a Centre-ruled union territory on this day in 2019.
- The theme for the first year celebration of Ladakh as a UT is ‘One year of Development, Prosperity and Empowerment.’
Om Birla attends 206th session of governing council of Inter-Parliamentary Union:
- Lok Sabha Speaker Om Birla participated in the 206th Session of the Governing Council of the Inter-Parliamentary Union (IPU), being held from November 1 to 4, 2020.
- The agenda of the Inter-Parliamentary Union Virtual Session includes the election of the new President since the outgoing President Gabriela Cuevas Barron had completed her term on 19th of October. The term of the new President will be from 2020 to 2023.
Government extends deadline to make payment under Vivad Se Vishwas scheme till March 31, 2021:
- Government extended for the third time the deadline for making payment under the direct tax dispute settlement scheme ‘Vivad Se Vishwas’ by three months to March 31, 2021.
- As per a Central Board of Direct Taxes (CBDT) notification, declaration under the Vivad se Vishwas Scheme shall be required to be furnished latest by December 31, 2020. However, only in respect of the said declarations made, the payment without additional amount can now be made up to March 31, 2021.
GST collections cross Rs 1 lakh crore in October for first time in 8 months:
- Goods and Services Tax (GST) collections in October stood at over Rs 1.05 lakh crore, crossing for the first time Rs 1 lakh crore mark since February. Out of gross GST CGST – ₹19,193 crore; SGST – ₹ 5,411 crore; IGST – ₹ 52,540 crore. Cess is- ₹ 8,011 crore.
- The revenue for the month is 10 per cent higher than Rs 95,379 crore collected in the same month last year.
Banking and Economy:
World Bank report suggests remittances to India to drop by 9% in 2020:
- World Bank stated remittances to India would fall this year by 9% to $76 billion due to the ongoing coronavirus pandemic and global economic recession. India followed by China, Mexico, Philippines, and Egypt continue to be the top five countries in 2020 to receive foreign remittances.
- India would fall this year to $76 billion due to the ongoing Covid-19 pandemic & global economic recession.
- Headquarters: Washington, D.C., United States
- President: David Malpass.
NABARD sanctions Rs 8,504.3 lakh loans under RIDF scheme to State:
- National Bank for Agriculture and Rural Development (NABARD) has sanctioned loans worth Rs 8,504.30 lakh under Rural Infrastructure Development Fund (RIDF) to the Government of Goa for various social infrastructure projects in the State.
- NABARD achieved 100 per cent of the target fixed for sanction to the State government during 2020-21 stated by Usha Ramesh, General Manager/OiC, NABARD.
National Bank for Agriculture and Rural Development (NABARD):
- Headquarters: Mumbai
- Formation: July 12, 1982
- Chairman: Chintala Govinda Rajulu.
Acquisitions and Mergers:
IISc and Indian Oil sign MoU for hydrogen generation technology:
- Bengaluru’s IISc and the Indian Oil Corporation signed an MoU to develop and demonstrate biomass gasification based hydrogen generation technology. The developed technology will be scaled up and demonstrated at Indian Oil’s R&D Centre at Faridabad.
- Hydrogen generated from this demonstration plant will be used to power fuel cell buses as part of a “Bigger Project” being conceived by Indian Oil.
RBI allows Maple Group to acquire up to 9.99% in RBL Bank:
- Private sector lender RBL Bank announced that the Reserve Bank of India has granted its approval to Maple Group to acquire up to a 9.99 percent stake in the bank. Maple Group was one of the investors that participated in the bank’s preferential issue.
- Headquarters: Mumbai, Maharashtra.
- MD & CEO: Mr Vishwavir Ahuja
Science and Technology:
India Test-fires BrahMos Supersonic Cruise Missile from Sukhoi Fighter Jet with ‘Deadly Accuracy’:
- Indian Air Force successfully test-fired an air launched version of the BrahMos supersonic cruise missile from a Sukhoi fighter aircraft in the Bay of Bengal. The missile hit a sinking ship with deadly accuracy and the test-firing produced desired results.
- The aircraft, belonging to Thanjavur based Tigersharks squadron, took off from a frontline airbase in Punjab. The BrahMos missile provides the IAF a much desired capability to strike from large stand-off ranges on any target at sea or on land with pinpoint accuracy by day or night and in all weather conditions.
KVIC launches two-layered Diwali face masks made of pure Muslin fabric:
- Khadi and Village Industries Commission (KVIC) has launched a Limited Edition of two-layered “Happy Diwali” printed face masks made of pure Muslin fabric, high quality and ultra-fine cotton fabric handmade by traditional Khadi artisans of West Bengal.
- The Muslin face masks have been developed following the overwhelming public response to two layers Khadi Cotton and three layers Silk masks. So far KVIC has sold over 18 lakh such face masks across the country in less than six months’ time.
Former HDFC Bank CEO Aditya Puri joins Carlyle as senior adviser:
- Global investment firm Carlyle has roped in former HDFC Bank chief Aditya Puri as a Senior Adviser in Asia. He will provide guidance on the evolving market landscape and new investment opportunities & advise team on investment opportunities across Asia.
- Banking veteran has retired from HDFC Bank by handing over the reins of India’s biggest private bank to Sashidhar Jagdishan as its new CEO and MD.
Harpreet A De Singh becomes first woman to head an Indian airline:
- Government has appointed Harpreet A De Singh as the chief executive officer (CEO) of Alliance Air, Air India’s regional subsidiary, making her the first female head of an Indian carrier. Harpreet Singh was the first woman pilot to be selected by Air India in 1988.
- The ministry also appointed Deepak Khullar as the CEO of the Air India subsidiary Hotel Corporation of India (HCI) which runs Centaur hotels in Delhi and Srinagar. Aloke Singh has been appointed as CEO of divestment-bound Air India Express.
PVG Menon appointed as CEO of Electronics Sector Skill Council of India:
- Electronics Sector Skill Council of India (ESSCI) announced appointment of PVG Menon as its chief executive officer. Menon will be responsible for overseeing the operations of ESSCI and work closely with its governing Council on strategic issues related to the growth of the Electronic Systems Design and Manufacturing (ESDM) industry in India.
Rajiv Jalota Appointed as Chairman of Mumbai Port Trust:
- Rajiv Jalota has been appointed as chairperson of Mumbai Port Trust by the Appointments Committee of the Cabinet on the proposal of the Shipping Ministry. He Succeeds Sanjay Bhatia, who retired on July 31 earlier this year
- Jalota is a 1988 batch Maharashtra cadre IAS officer. He is currently serving as the additional chief secretary in the higher and technical education department of the state government.
Jishnu Barua Appointed as New Chief Secretary of Assam:
- Additional chief secretary Jishnu Barua was appointed as the new Chief Secretary of Assam. Barua will take charge from the outgoing chief secretary, Kumar Sanjay Krishna, who will retire on October 31, 2020.
- Jishnu Barua is currently in-charge of home & political, revenue & DM secretariat administration and border protection & development, implementation of Assam Accord departments.
Priyanca Radhakrishnan becomes New Zealand’s first-ever Indian-origin minister:
- Priyanca Radhakrishnan became New Zealand’s first-ever Indian-origin minister after Prime Minister Jacinda Ardern inducted five new ministers into her executive.
- Priyanca was elected first as a Member of Parliament belonging to the Labour Party in September 2017. She was appointed the Parliamentary Private Secretary to the Minister for Ethnic Communities in 2019.
Tamil Nadu agriculture minister R Doraikannu passes away at 72:
- R. Duraikannu, Tamil Nadu Agriculture Minister passed away at the age of 72. He was elected from Papanasam in 2006, 2011, and 2016 Assembly elections. He was later appointed as the Agriculture Minister and Animal Husbandry in May 2016.
James Bond actor Sean Connery passed away at 90:
- Scottish Legendary actor Sean Connery, best known for playing fictional spy James Bond, has died at the age of 90, leading to an outpouring of tributes for one of Britain’s best-loved screen heroes. Connery will be remembered first as British agent 007.
BCCI announces Jio as title sponsor of Women’s T20 Challenge 2020:
- Board of Control for Cricket in India (BCCI) announced Reliance Jio as the title sponsor of the Women’s T20 Challenge 2020. This is the first time a sponsor is partnering with the BCCI exclusively for the women’s counterpart to the Indian Premier League (IPL).
- The women’s T20 challenge is scheduled to run from November 4-9 in Sharjah, UAE. The partnership will have the support of Reliance Foundation Education and Sports for All (RFESA).
Board of Control for Cricket in India (BCCI):
- Headquarters: Mumbai
- President Sourav Ganguly
- Secretary- Jay Shah.
- CEO(Interim): Hemang Amin.
Aussie John Millman claims first ever ATP title at Astana Open:
- 31-year-old Australian John Millman has taken down Frenchman Adrian Mannarino at the Astana Open to claim his first ever ATP title held in Nur-Sultan, Kazakhstan. He beat Frenchman Adrian Mannarino 7-5 6-1. Millman had previously lost two finals in his career.
Panghal, Sanjeet and Ashish wins gold at Alexis Vastine international boxing:
- World silver-medallist Amit Panghal (52kg), Sanjeet (91kg) and Ashish Kumar (75kg) have won gold medals at the recently concluded Alexis Valentine International Boxing Tournament held in Nantes, France. Kavinder Singh Bisht won silver medal in 57 kg weight category.
- The event was organized by AIBA (International Boxing Association), FFBOXE (French Boxing Federation) and EUBA (European Boxing Federation) which saw participation from 10 nations.
International Boxing Association (AIBA):
- Headquarters: Lausanne, Switzerland
- President (Interim): Mohamed Moustahsane.
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