Current Affairs 05th November 2020| Current Affairs News

 CURRENT AFFAIRS: DAYS

Army Aviation Corps Day

  • The Army Aviation Corps (AAC), the youngest Corps of the Indian Army, celebrated its 35th Corps Day on November 1.
  • The Corps was raised as a separate formation on November 1 in 1986.

National Stress Awareness Day

  • National Stress Awareness Day, marked on thefirst Wednesday in November, aims to identify and reduce stress factors in our lives.
  • This year it falls on 4th of November.
  • Stress Awareness Day was established by the International Stress Management Association (ISMA) to help provide information on stress, and strategies on how to address it for both companies and individuals.

International Stress Awareness Week

  • AsInternational Stress Awareness Week takes place on first week of November (2 – 6 November 2020), and the UK continues to face further pro-longed COVID-19-related restrictions, it has never been more important to support the wellbeing of employees who are working from home.
  • International Stress Awareness Weekwas created in 2018 to raise awareness about stress prevention, following the establishment of Stress Awareness Day in 1998.

CURRENT AFFAIRS: NATIONAL

Hardeep Singh Puri launches ‘Nurturing Neighbourhoods Challenge’

  • Housing and Urban Affairs Minister Hardeep Singh Puri launched Nurturing Neighbourhoods Challenge focusing on shaping cities for young children and their families. The challenge is conducted with the support of the Bernard van Leer Foundation, Netherlands with technical support from WRI lndia.
  • Through the challenge, selected cities will receive technical assistance and capacity-building to reimagine parks and open spaces, improve access to early childhood facilities, adapt public spaces with early childhood-oriented amenities and create accessible, safe, walkable streets for young children and families. The challenge will be open to all Smart Cities, other cities with more than five lakh population, and capitals of States and Union Territories.
About MoHUA:
  • Minister of Housing and Urban Affairs and Civil Aviation: Hardeep Singh Puri
  • Constituency: Amristar

President Kovind promulgates Arbitration and Conciliation (Amendment) Ordinance, 2020

  • President Ram NathKovind promulgated the Arbitration and Conciliation (Amendment) Ordinance, 2020to further amend Arbitration and Conciliation Act 1996. The Ordinance aims to ensure that all the stakeholders get an opportunity to seek unconditional stay of enforcement of arbitral awards where the underlying arbitration agreement or contract or making of the arbitral award are induced by fraud or corruption.
  • Through the Ordinance, an addition has been made to Section 36 whereby if the Court is satisfied that a prima facie case is made out that the arbitration agreement or contract which is the basis of the award was induced or effected by fraud or corruption, it will stay the award unconditionally pending disposal of the challenge made to the award under Section 34.

79% of Indians would adopt a ‘robot nanny’ to help care for children while WFH: Survey

  • IEEE, a global technical professional organisation for advancing technology, unveiled its survey report titled ‘Generation AI 2020: Health, Wellness, and Technology in a Post-COVID World.’
  • According to the survey, over 79 per cent of parents surveyed in India agreed that if they had the means, they would adopt a robot “nanny” to help take care of their children while working remotely from home, running errands or when otherwise occupied.
  • The survey also found that 81 per cent of surveyed parents in India agree that having a robot nanny to help their children do their homework would alleviate a significant amount of their Covid-19-related stress.
  • While 76 per cent of parents also agreed that they would trust a full-time nanny robot to help take care of their children even if they are not home.
  • Over two-thirds parents in India (64 per cent) agreed they would be comfortable using a robot nanny to take care of their infant or toddler child (under two-years-old).

I&B Ministry sets up committee to review norms on TV ratings

  • The Ministry of Information & Broadcasting, decided to set up a committee to review its existing guidelines for Television Rating agencies and look into various evolving dynamics concerning the television rating system.
  • “The committee shall carry out an appraisal of the existing system, examine TRAI recommendations notified from time to time, overall industry scenario and addressing the needs of the stakeholders, and make recommendations for a robust, transparent and accountable rating system through changes,” the Ministry stated.
  • Prasar Bharti CEO Shashi S Vempati has been appointed as the Chairman of the committee. Other members include IIT Kanpur’s DrShalabh; DrRajkumarUpadhyay, ED, C-DOT; and Pulak Ghosh of the Centre for Public Policy . The committee has been asked to submit its report to the I&B Ministry within two months.
  • The government’s decision to appoint a committee to review the TRP system in the country comes at a time when allegations of TRP manipulation have emerged, putting the spotlight on the accuracy and credibility of the existing TRP measurement systems.
  • In its order, the I&B Ministry stated that the present guidelines on Television Rating Agencies in India were notified after detailed deliberations by the Parliamentary Committee, Committee on Television Rating Points (TRP) constituted by the MIB, and recommendations of Telecom Regulatory Authority of India.
  • The committee will also study the past recommendations made by various forums on TRPs, and also study recent recommendations of TRAI on this issue. It has also been tasked to recommend steps to enhance competition in the sector.
About Ministry of Information and Broadcasting of India:
  • Prakash Javadekar, Minister of Information and Broadcasting
  • Constituency: Maharashtra
  • Amit Khare, IAS, Information and Broadcasting Secretary

CURRENT AFFAIRS: INTERNATIONAL

India, GCC Troika hold annual Political Dialogue in virtual mode

Current Affairs 04th November 2020| Current Affairs News

 CURRENT AFFAIRS: NATIONAL

India’s Unemployment Rate Rises to 6.98%: CMIE

  • Unemployment rate for October rose to 6.98% comparing to 6.67% in September, according to latest data by Centre for Monitoring Indian Economy CMIE.
  • Unemployment rate in urban areas decline even though there is a rise in joblessness rate on a national level.
  • The rural areas saw a big rise in unemployment. The rural unemployment rate rose from 6.9% in October from 5.86 percent in September whereas the urban unemployment in decline from 7.1% in October 8.45% in September.
  • If we compare the states, Haryana has the highest unemployment rate of 27.3% followed by Rajasthan 24.1 % and J&K 16.1 %.
About CMIE
  • Headquarters location: Mumbai
  • Founded: 1976
  • Managing Director and CEO: Mahesh Vyas

FinMin releases Rs 6,000 Cr to states under special window for meeting GST compensation shortfall

  • The Ministry of Finance is releasing Rs 6,000 crore as the second tranche to 16 States and 3 Union Territories under the special window to states for meeting the GST compensation cess shortfall. 21 States and 3 UTs have so far opted for the Special Window under Option I and the finance ministry has facilitated loans of Rs 12,000 crore to date under the special window, stated a statement by the Ministry of Finance.
  • The government added that the amount was raised at a weighted average yield of 42 per cent and it will be passed on to the states at the same interest rate, which is lower than the cost of borrowings for the states and will thus benefit them.
  • The loans have been released to Andhra Pradesh, Assam, Bihar, Goa, Gujarat, Haryana, Himachal Pradesh, Karnataka, Madhya Pradesh, Maharashtra, Meghalaya, Odisha, Tamil Nadu, Tripura, Uttar Pradesh, Uttarakhand. UT of Delhi, Jammu and Kashmir, and Puducherry also received the loans.
  • During the 42nd Goods and Services Tax (GST) Council meeting, it was decided to extend compensation cess beyond 2022. Levy of Compensation Cess to be extended beyond the transition period of five years i.e. beyond June 2022, for such period as may be required to meet the revenue gap, the ministry had stated in a statement. The government had also disbursed the compensation cess collected this year amounting to about Rs 20,000 crore.
About MoF:
  • Minister of Finance and Corporate Affairs of India: Nirmala Sitharaman
  • Constituency: Karnataka

CURRENT AFFAIRS: INTERNATIONAL

Super Typhoon Goni, world’s most powerful storm in four years, smashes into the Philippines

  • Super Typhoon Goni, the world’s most powerful storm in four years, crashed through the Philippines, smashing buildings, toppling trees, and causing floods and mudslides.
  • The storm largely spared Manila, the capital and most densely populated city, showering it with rain toward the West Philippine Sea.
  • Goni arrived days after Typhoon Molave killed at least 22 people.
About Philippines
  • Capital: Manila
  • Currency: Philippine peso
  • President: Rodrigo Duterte

USTATED provides $3 m to COVIDActionCollab to mitigate effects of Covid-19 in India

  • The funds will be used to provide comprehensive support on health, livelihood, and social protection for vulnerable communities
  • Catalyst Management Services (CMS), a part of Catalysts Group, has ideated COVID Action Collaborative, partnered with the United States Agency for International Development (USTATED), to support India’s response to the Covid-19 pandemic.
  • USTATED will provide $3 million over two years to support the COVIDActionCollab (CAC) partnership, which was formally announced through a virtual conference.
  • As per the CMS official release, the funds will be used to provide comprehensive support on health, livelihood, and social protection for vulnerable communities.
  • More than 150 civil society organisations, development partners, and private sector organizations attended the virtual launch event. At the event, participants discussed the importance of leveraging collective expertise to build resilient communities.

About United States Agency for International Development:

  • The United States Agency for International Development (USAID) is an independent agency of the United States federal government that is primarily responsible for administering civilian foreign aid and development assistance. With a budget of over $27 billion, USAID is one of the largest official aid agencies in the world, and accounts for more than half of all U.S. foreign assistance—the highest in the world in absolute dollar terms.
  • Headquarters: Washington, D.C.
  • John Barsa, Acting Administrator

CURRENT AFFAIRS: BANKING AND FINANCE

Axis Bank revises stake acquisition agreement with Max Life

  • Axis Bank announced a revised stake acquisition agreement with Max Financial.
  • Axis Bank will acquire upto 9% of the equity share cap of Max Life. The bank’s subsidiaries Axis Capital Limited and Axis Securities Limited (together ‘Axis Entities’) will together acquire upto 3% of equity of Max Life. Axis Entities will have a right to acquire an additional stake of upto 7%.
  • Axis enter into revised agreements with Max Financial for acquisition of upto 19.002% of the equity share capital of Max Life (“Revised Agreements”).
  • The revised agreement happened as Reserve Bank of India rejected Axis Bank’s earlier proposal to directly buy 17% in Max Life.
About Axis Bank
  • CEO: Amitabh Chaudhry
  • Headquarters: Mumbai
  • Founded: 1993, Ahmedabad
About Max Life Insurance
  • CEO: Prashant Tripathy
  • Headquarters location: New Delhi

Centre extends Emergency Credit Line Guarantee Scheme till Nov 30

  • Union Government has extended the Emergency Credit Line Guarantee Scheme (ECLGS) by one month till 30th of November or till an amount of three lakh crore is sanctioned under the scheme, whichever is earlier.
  • This has been done in view of the opening up of various sectors in the economy and the expected increase in demand during the ongoing festive season.
  • This extension will provide a further opportunity to such borrowers who have not availed of the scheme so far, to obtain credit under the scheme.
  • The ECLGS was announced as part of the Atmanirbhar Bharat Package to provide fully guaranteed and collateral free additional credit to MSMEs, business enterprises, individual loans for business purposes and MUDRA borrowers.
  • Borrowers with credit outstanding up to Rs. 50 crore as on 29th of February 2020 and with an annual turnover of up to Rs. 250 crore are eligible under the scheme.
  • Interest rates under the scheme are capped at 9.25 per cent for Banks and FIs and 14 per cent for NBFCs.
  • Tenure of loans provided under the scheme is four years, including a moratorium of one year on principal repayment.
About Emergency Credit Line Guarantee Scheme:
  • The Emergency Credit Line Guarantee Scheme provides 100% guarantee coverage by National Credit Guarantee Trustee Company (NCGTC) to Member Lending Institutions (MLIs), on GECL of up to Rs. 3 lakh crore to eligible MSMEs. MSMEs for the purpose of this Scheme will include MSMEs/ Business Enterprises which are constituted as Proprietorships, Partnerships, Registered Companies, Trusts and Limited Liability Partnerships (LLPs), and also interested borrowers under PMMY

ADB approves USD132.8 million loan to improve power distribution network in Meghalaya

  • The Asian Development Bank has approved USD 132.8 million loan to improve and upgrade the power distribution network in Meghalaya, Power Minister James PK Sangma stated. The project fully supports Meghalaya’s initiative in improving the distribution system & financial sustainability of the Department,” the power minister stated.
  • The Meghalaya cabinet had in August this year approved a proposal from the Meghalaya Energy Corporation Limited (MeECL) to avail a Rs 1,345.72 crore loan for clearing the power outstanding dues, on conditions that it has to bring down the aggregate technical and commercial (AT&C) losses and reduce the gap of average cost of supply (ACS) and average revenue realized (ARR).
  • The Meghalaya Power Distribution Corporation Limited (MePDCL) has a huge outstanding against the power purchased from central power generating stations and to the Power Grid Corporation of India Limited (PGCIL), the minister had stated.
About ADB:
  • Headquarters: Mandaluyong, Philippines
  • President: Masatsugu Asakawa
About Meghalaya:
  • Capital: Shillong
  • Governor: Satya Pal Malik
  • Chief minister: Conrad Sangma

CURRENT AFFAIRS: BUSINESS AND ECONOMY

AAI hands over Lucknow airport to Adani group on lease for 50 years

  • The Airports Authority of India (AAI) handed over the Lucknow airport to the Adani group on lease for a period of 50 years.
  • The AAI had handed over the Mangaluru airport to the group on October 30.
  • The central government in February 2019 privatised six major airports of the country — Lucknow, Ahmedabad, Jaipur, Mangaluru, Thiruvananthapuram, and Guwahati. After a competitive bidding process, the Adani group won the rights to run all of them for 50 years.
About AAI
  • Headquarters: New Delhi
  • Arvind Singh (Chairman)
  • Parent organization: Directorate General of Civil Aviation

Current Affairs 03rd November 2020| Current Affairs News

 CURRENT AFFAIRS: DAYS

International Day to End Impunity for Crimes Against Journalists

  • The International Day to End Impunity for Crimes against Journalists is a UN-recognized international day observed annually on 2 November.
  • 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.

CURRENT AFFAIRS: NATIONAL

Mansar Lake Project in Jammu to attract 20 lakh tourists every year: Jitendra Singh

  • Union minister Jitendra Singh inaugurated the Mansar Lake Project in Jammu which will attract 20 lakh tourists every year once completed.
  • It is e-foundation stone laying ceremony of the Comprehensive Mansar Lake Rejuvenation/Development Plan.
  • Mansar Rejuvenation Plan will lead to employment generation of about 1.15 crore man-days and will generate an income of more than Rs 800 crore per year.
  • While Udhampur-Doda-Kathua is possibly the only Lok Sabha constituency in the country which has received three medical colleges in three years, Udhampur possibly the only district in the country which has on the lines of Namami Ganga and Ganga cleaning project received two similar rejuvenation and renovation projects for River Devika and Mansar Lake
  • World’s highest railway bridge is coming up in Reasi, the work on a new national highway project from Sudhmahadev via Marmat to Khileni has also started.
  • North India’s first biotech industrial park and the first ever seed processing plant are also coming up, which will generate job opportunities as well as sources of livelihood and research.
About J&K
  • Capitals: Jammu (Winter), Srinagar (Summer)
  • Governor: Manoj Sinha

TransUnion CIBIL, MoSPI launch MSME Credit Health Index 

  • TransUnion CIBIL in partnership with Ministry of Statistics & Programme Implementation (MoSPI) has launched MSME Credit Health Index.
  • The MSME Credit Health Index will provide government, policy makers, lenders and MSME market participants, a numeric indicator for benchmarking the health of the MSME sector.
  • This measurement model will facilitate better MSME credit risk management, formulation of strategies and policies to support the revival and resurgence of the MSME sector and the economy.
  • The MSME Credit Health Index is built using credit data submitted by lending institutions to TransUnion CIBIL. The index measures the credit health of India’s MSME industry on two parameters: growth and strength. Growth is measured by plotting increase in exposure value (outstanding balances) over time and strength is measured by decrease/increase in credit risk in terms of non-performing assets (NPA).
About MoSPI
  • Minister of State for Statistics and Programme Implementation: Rao Inderjit Singh
  • Constituency: Gurgaon, Haryana

Centre releases Rs 2,200 cr as first installment to 15 states for improvement of air quality

  • The Centre has released 2,200 crore rupees as the first installment to 15 states for the improvement of air quality measures in their million-plus cities. The amount has been released based on the recommendations of the 15th Finance Commission.
  • The states which have been given the amount include Andhra Pradesh, Gujarat, Jharkhand, Karnataka, Madhya Pradesh, Maharashtra, Rajasthan, Tamil Nadu, Uttar Pradesh and West Bengal.
  • Of the total amount, 5 crore rupees has been released to Maharashtra, 202.5 crore rupees to Gujarat, 357 crore rupees to Uttar Pradesh and 209.5 crore rupees to West Bengal.

Ganga Utsav-2020 begins virtually with COVID-19 precautions

  • The much-awaited Ganga Utsav-2020 began virtually  amidst COVID-19 precautions. The festival will continue till 4th of November.
  • Ministry of Jal Shakti stated that several programmes were also held in districts as a part of Ganga Utsav celebrations. Ganga Task Force conducted afforestation drive with NCC cadets and educational tour for youth in project area.
About Ministry of Jal Shakti:               
  • Gajendra Singh Shekhawat, Cabinet Minister
  • Constituency: Jodhpur
  • Rattan Lal Kataria, Minister of State

FIP organises virtual version of Delhi Book Fair this year

  • The Federation of Indian Publishers (FIP) has organised a virtual version of Delhi Book Fair this year in light of the Corona pandemic. The book fair organised in partnership with PragatiE is a two day online event. The organisers stated that arranging the book fair online was a challenging task but expressed satisfaction that the virtual module of the Delhi book fair 2020 has opened up new and future avenues of marketing books.
  • Publications Division of Ministry of Information and Broadcasting has also put up three virtual stalls in this 26th and unique edition of the Delhi Book Fair. Nearly 120 publications covering 12 wide categories including Gandhian literature, Art and Culture, Children literature and Speeches of Prime Minister and President among others have been put up for sale and displayed by the Publications Division.

Current Affairs 01st & 02nd November 2020| Current Affairs News

 CURRENT AFFAIRS: DAYS

World Vegan Day 2020

  • World Vegan Day is celebrated on November 1 annually by vegans across the globe. It is observed to motivate people to follow a vegan lifestyle, which is beneficial for animal welfare and the environment. The day marks the founding day of The Vegan Society in the United Kingdom.
  • Well, people who do not consume meat, eggs, etc. are vegetarians. However, people who are vegetarians but do not consume dairy products such as milk, cheese, paneer, etc. are called vegans.

CURRENT AFFAIRS: NATIONAL

AYUSH Ministry and Invest India to jointly set up “Strategic Policy & Facilitation Bureau” for planned and systematic growth of Ayush sector

  • The Ministry of AYUSH and M/s Invest India will form a collaboration to set up a “Strategic Policy & Facilitation Bureau” to facilitate planned and systematic growth of the Ayush sector.
  • This is among the various steps which the Ministry has initiated to chart future directions along which the stake-holding groups of the Ayush Sector can move. Setting up of the Bureau is a forward-looking step which will make the Ayush systems future-ready. This Bureau will support the Ministry in strategic and policy making initiatives that shall help pave the way to reach the full potential of the Sector and stimulate growth and investment.
  • As a partner in the project, M/S Invest India would collaborate extensively with the Ministry to frame the work plan of the Bureau and define its short-and long-term targets. Invest India would deploy highly trained and expert resources to implement and execute the plans of the Ministry of AYUSH.

About Ministry of AYUSH:

  • Shripad Naik, Minister of State (Independent charge)
  • Constituency: North Goa

Govt set to divest 10% in GIC Re, New India Assurance

  • Government is set to offer 10% shares in the country’s largest non-life insurance company New India Assurance through an offer for sale to the public. The Centre may also do a similar dilution in the General Insurance Corporation (GIC Re). However, the timing is not decided.
  • The government had divested close to 15% stakes in both New India and GIC in 2017. The disinvestment of GIC Re resulted in a mop-up of Rs 11,370 crore and New India’s IPO raised Rs 9,600 crore..
  • GIC Re has a market cap of Rs 21,333 crore, while New India’s share price values the company at Rs 17,000 crore. A 10% dilution would give the government close to Rs 4,000 crore.
  • All listed companies are required to have at least 25% of their holding with the public. In May this year, Sebi had relaxed the 25% minimum public shareholding norms for listed companies in the wake of the Covid outbreak. The regulator asked stock exchanges not to take any penal action against companies that were to comply with the minimum shareholding rule between March 1 and August 31.

SBI Clerk Mains Shift 1 Analysis 2020 (31st Oct) | Difficulty Level & Good Attempts

SBI Clerk Mains Shift 1 Analysis 2020 is here!!! Section-wise detailed exam analysis for the upcoming SBI Clerk Mains 2020 exam. In this SBI Clerk shift 1 analysis 2020, you can completely check the overall good attempts and number of questions from each topic. So check the SBI Clerk Mains Shift 1 analysis 2020 for all slots here.

SBI Clerk Mains Shift 1 Analysis 2020

The SBI Clerk Mains 2020 exams will get scheduled on 31-10-2020. A lot of aspirants have prepared and eagerly waiting to appear for the examinations. Here we have updated the section-wise SBI Clerk Shift 1 Analysis. For the exams happening these days, we will give you the exact analysis. This SBI Clerk mains exam analysis will be useful for the candidates to know the exam level. So that they can prepare for the next slot exam as per the difficulty level of the exam. Also, you can completely know about the number of questions asked from each topic. As per the SBI Clerk Mains Shift Timings, we will update the exam analysis for all the shifts on time.

Also, from this SBI Clerk Shift 1 Analysis – Mains 2020 of all shifts, you can get good attempts for each section and the overall good attempts. Here the SBI Clerk Mains Exam Pattern is available for reference. So candidates shall check here and prepare for the upcoming shifts. 

Also, candidates are instructed to follow the SBI Clerk Exam Day Instructions to ace the exam.

SBI Clerk Exam Pattern 2020: Mains

S.NoSectionNo of QuestionsMax MarksTime Duration
1Quantitative Aptitude505045 minutes
2Reasoning Ability & Computer Aptitude506045 minutes
3General English404035 minutes
4General/Financial Awareness505035 minutes
Total1902002 hours 40 minutes


SBI Clerk Mains Shift 1 Analysis: 31th Oct 2020

SBI Clerk Mains Shift 1 Analysis: Good Attempts

S.NoSectionGood AttemptsLevel
1Quantitative Aptitude15 – 20Moderate – Hard
2Reasoning Ability20 – 25Moderate – Hard
3English Language20 – 25Moderate – Hard
4General/Financial Awareness40 – 45Easy-Moderate
Total95 – 110Moderate – Hard

Reasoning Ability

TopicNumber of Questions
Puzzle Floor Based20
Coding-Decoding04
Alphanumeric2-3
Coding-Decoding04
Data Sufficiency04
Miscellaneous15
Total50

Quantitative Aptitude

TopicNumber of Question
Arithmetic Problems25
DI(3)20
Data Sufficiency05
Total50

English Language

TopicNumber of Questions
Reading Comprehension12
Cloze Test – SBI Branch Based05
Error Spotting05
Idioms02
Phrases02
Fillers(New Pattern)05
Sentence Rearrangement3 – 4
Total40

General Awareness – To be updated

Most of the General Awareness questions will be from the current affairs section. Candidates can get current affairs questions and prepare accordingly. Totally 30 questions can attend.

  • Days and Themes – 2 Questions
  • Appointments – Japan Prime Minister
  • Current Affairs – 30 – 35 Questions
  • Chamba Ghati
  • Static GA Questions
  • Ministerial Metting Between Countries. Who are all involved in that meeting?