Latest Current Affairs Daily Update

07 Nov 2020 Current Affairs Headlines

07 Nov Most Important Current Affairs Quiz: Video Dicussion

National Headlines

DMC launched “Plastic Lao MASK LE JAO” initiative

In Uttarakhand, Dehradun Municipal Corporation (DMC) has launched an initiative named Plastic Lao MASK LE JAO to fight against the menace of plastic waste and contain the spread of Covid-19. It has distributed Five thousand face masks in exchange for plastic waste.

Municipal commissioner of Dehradun, Vinay Shankar Pandey, who was the first to bring plastic waste from his house and get a face mask, and create awareness in the public against plastic waste and also the importance of masks.

Useful notes for all competitive exams:

  • Governor of Uttarakhand: Baby Rani Maurya.
  • Capitals of Uttarakhand: Dehradun (Winter), Gairsain (Summer).
  • Chief Minister of Uttarakhand: Trivendra Singh Rawat.

Centre forms committee to assess existing TRP system of TV channels

The Ministry of Information & Broadcasting has constituted a four-member committee, to assess the existing Television Rating Points (TRP) of TV channels. The committee will be chaired by Prasar Bharati CEO, Shashi S Vempati.

The committee will be responsible to address the ‘needs of the stakeholders’ and make necessary recommendations for a rating system which shall be ‘robust, transparent and accountable’.

It will have to submit its report to the Information and Broadcasting minister within two months.

The need to form such committee was felt after the alleged TRP scam in which it was alleged that certain TV channels manipulated TRPs in return for payment.

TRP is calculated in India by the Broadcast Audience Research Council (BARC) using a device called Bar-O-Meter, which is installed in over 45,000 households across the country.

The device collects data about a programme or channel watched by members of these households on the basis of which weekly ratings are issued by BARC.

Useful notes for all competitive exams:

  • Chairman of Broadcast Audience Research Council India: Punit Goenka.
  • Broadcast Audience Research Council Founded: 2010.
  • Broadcast Audience Research Council Headquarters: Mumbai.

International Headlines

United States Formally Exits Paris Climate Accord

The United States has officially withdrawn from the Paris climate accord on 04 November 2020. With this, the US has now become the only country to formally pull out of the deal since it was adopted in 2015.

The landmark Paris climate agreement was signed in 2015 to protect the planet from the worsening impacts of the climate crisis.

As per the rules of the agreement, a country cannot officially leave before one full year of notifying the UN of its intent to withdraw. The United States notified the United Nations of its withdrawal on November 4, 2019.

Useful notes for all competitive exams:

  • UNFCCC Executive Secretary: Patricia Espinosa.
  • UNFCCC Headquarters: Bonn, Germany.

Tanzania President John Pombe Magufuli wins 2nd term

The President of TanzaniaJohn Pombe Magufuli has been sworn for a second five-year term.

He took the oath of the office on 05 November 2020. Magufuli won 84% of the total votes in elections held on October 28.

He was elected as the fifth President of Tanzania and is in office since 2015. CHADEMA party candidate Tundu Lissu took the second position.

Useful notes for all competitive exams:

  • Tanzania Capital: Dodoma Currency: Tanzanian shilling.

Defence News

India receives 2nd batch of Three Rafale Aircraft

India receives the second batch of three Rafale Aircraft, bringing total Rafale Jets with IAF to eight.

The second batch of three Rafale jets landed in Jamnagar, Gujarat on 4th November 2020, after flying non-stop from France.

Earlier, the first batch of five Rafale jets arrived in India on July 28 and they were officially inducted in the Indian Air Force on 10 September at Ambala Air Base in Haryana.

With the arrival of the second batch, the IAF now has a total of eight Rafale fighter aircraft. As per the information by Chief of Air Staff Air Chief Marshal RKS Bhadauria, the induction of all 36 jets will be completed by 2023.


Banking News

ICICI Bank launches ‘Mine’ a comprehensive banking programme

Private lender ICICI Bank has launched a comprehensive banking programme for its millennial customers, (in the age bracket of 18 years to 35 years ), called ‘ICICI Bank Mine’.

The ‘ICICI Bank Mine’ is India’s first and unique product launched by the bank to offer a mobile-first, highly personalised and experiential led banking experience to the millennial customers.

Useful notes for all competitive exams:

  • ICICI Bank Headquarters: Mumbai, Maharashtra.
  • ICICI Bank MD & CEO: Sandeep Bakhshi.
  • ICICI Bank Tagline: Hum Hai Na, Khayal Apka.

Business News

WhatsApp’s payments service gets NPCI nod

The National Payments Corporation of India (NPCI) has finally allowed Facebook-owned messaging platform “WhatsApp” to roll out its payments service in the country in a “graded” manner.

The announcement by NPCI came after the organisation made a crucial change to its regulations concerning the use of the Unified Payments Interface (UPI).

The change puts a limit on single third parties such as WhatsApp or its rivals Google Pay and Walmart’s PhonePe where they can only handle 30 per cent of overall UPI transaction volumes.

Useful notes for all competitive exams:

  • National Payments Corporation of India MD & CEO: Dilip Asbe.
  • National Payments Corporation of India Headquarters: Mumbai.
  • National Payments Corporation of India Founded: 2008.

Appointments

NDDB Chairman Dilip Rath elected to IDF

National Dairy Development Board (NDDB) Chairman, Dilip Rath has been unanimously elected to the board of global dairy body International Dairy Federation (IDF).

He has been associated with IDF for the last 10 years as Member Secretary of Indian National Committee and as a member of the Standing Committee on Dairy Policy and Economics.

Rath has played a key role in signing the Dairy Declaration at the IDF World Dairy Summit in Rotterdam in October 2016 between IDF and the Food and Agriculture Organization (FAO).

India ranks first among the world’s milk-producing nations and has the largest bovine population in the world.

Useful notes for all competitive exams:

  • International Dairy Federation Established: 1903.
  • International Dairy Federation President: Piercristiano Brazzale.
  • International Dairy Federation Headquarters: Brussels, Belgium.

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