India which was earlier scheduled to host the G20 Summit in 2022 coinciding with 75th anniversary of Indian independence will now host the Summit in 2023 & swapped the Group's Presidency with Indonesia. Italy will host G20 summit in 2021 & Brazil in 2024.
G20 Founded: 26 September 1999.
CAG of India Girish Chandra Murmu has been elected as External Auditor of Inter Parliamentary Union (IPU), Geneva for 3 years. The election took place at the virtual meeting of the 284th session of the IPU which is a 179 countries Parliamentarians body.
IPU has permanent observer status at the UN General Assembly.
Asian Development Bank has approved a $50mn loan to improve operational efficiencies and resource planning and management in West Bengal. Loan will support the integration of financial and information system and the expansion of automation reforms.
ADB HQs: Mandaluyong, Philippines;
Founded: 19 December 1966.
LIC has launched Atma Nirbhar Agents NewBusiness Digital Application – ANANDA. It will enable an agent to complete a policy without physically meeting customer. One prerequisite would be that the mobile number of customer should be mapped with his Aadhar
LIC Founded: 1 September 1956;
HQs: Mumbai.
Canara Bank, Axis Bank, Indian Bank & South Indian Bank have acquired 6.67% stake each in IBBIC. IBBIC Pvt Ltd is proposed to be incorporated for providing a platform for exploring, building & implementing DLT solutions for Indian financial services sector
Indicative time for completion of acquisition is Dec, 2020.
Veteran actor Naseeruddin Shah has received the Aditya Vikram Birla Kalashikhar Puraskar at Sangit Kala Kendra Awards. Two emerging stars Neel Choudhary and Irawati Karnik, were awarded the Aditya Vikram Birla Kalakiran Puraskars.
AVB Kalashikhar Puraskar & Kalakiran Puraskars instituted: 1996
Prof. Samanta, MP Kandhamal & Founder, KIIT & KISS has been elected as President of Volleyball Federation of India. He is 1st person from Odisha to be elected for this post. With this, he has become entitled to be member of Olympics Association of India.
Volleyball Federation of India Founded: 1951;
HQs: Chennai.
EIU has released Worldwide Cost of Living report 2020 based on their cost of living. As per the survey Hong Kong, Zurich & Paris are the three most expensive cities in world. Survey looked at prices of 138 goods & products across 130 countries.
EIU Founded: 1946;
HQs: London, United Kingdom.
Singapore-based Stashfin has partnered with Visa to launch co-branded prepaid cards with credit lines, amid a growing propensity towards digital payments. Cards can be used at both physical merchant locations and ATMs as well as in online modes.
The prepaid card acts like a personal overdraft facility.
China plans to launch an unmanned spacecraft to moon to bring lunar rocks in 1st attempt by any nation to retrieve samples from Earth’s natural satellite since 1970s. It will make China 3rd nation to have retrieved lunar samples following US & Soviet Union
China plans on retrieving the samples from Mars by 2030
Union Petroleum and Natural Gas Minister inaugurated the Seismic Survey Campaign by Oil India Limited. The survey under the Open Acreage Licensing Policy, OALP, will be undertaken in 5 blocks of 8 districts of Odisha in the Mahanadi basin and nearby areas.
Oil India Limited founded: February 18, 1959.
India International Cherry Blossom Festival, the calendar event of Meghalaya that attracts record number of tourists annually in Shillong, has been cancelled this year in wake of COVID-19 pandemic. Shillong hosts the only Cherry Blossoms festival in India.
Meghalaya Governor: Satya Pal Malik;
CM: Conrad Sangma.
In Tennis, Daniil Medvedev beat US Open champion Dominic Thiem to win ATP Tour Finals, the biggest title of his career. Medvedev is the first man to beat all three of the world's top-ranked players at the season finale.
Medvedev is the first Russian to win the ATP Finals since 2009.
30th edition of India-Thailand Coordinated Patrol (Indo-Thai CORPAT) was held between the Indian and the Royal Thai Navy. INS Karmuk an indigenously built Missile Corvette and Thailand HTMS Kraburi a Chao Phraya Class Frigate participated in the CORPAT.
Thailand Capital: Bangkok;
Currency: Thai baht.
SpaceX, NASA, ESA successfully launched Sentinel-6 Michael Freilich mission. Sentinel-6a will be the first of two identical satellites, the second to be launched in five years, that will provide measurements of unprecedented precision until at least 2030.
ESA HQs: Paris;
NASA HQs: Washington DC;
SpaceX HQs: California
National gas major Gail (India) Ltd. will complete 1st leg of the Kochi-Bengaluru line in January. 1st leg of 620km long Kochi-Bengaluru gas pipeline begins from Kuttanad in Palakkad and extends up to Valayar, which is on the Kerala-Tamil Nadu border.
GAIL CEO: Shri Manoj Jain;
Founded: 16 August 1984.
National Capital Region Transport Corporation (NCRTC) signed an MoU with Bharat Electronics Ltd for the development of indigenous platform doors to be installed in nation's 1st regional rapid corridor which will connect Delhi-Ghaziabad-Meerut.
BEL observed Vigilance Awareness Week 2020 from 27 Oct- 2 Nov.
Bharti Airtel Ltd. will acquire 5.2% stake in solar power company Avaada MHBuldhana Pvt. Ltd. in an all-cash deal. Avaada MHBuldhana is building a captive solar power plant in Maharashtra that will become operational by March 2021.
Bharti Airtel Founder: Sunil Bharti Mittal;
CEO: Gopal Vittal.
Minister of State for Power and New & Renewable Energy R K Singh has announced that India will replace safeguard duty with custom duty to protect the local manufacturers of solar equipment. India wants to expand its export base in the solar energy sector.
Customs Duty is a tax imposed on imports and exports of goods.
Health Minister Harsh Vardhan virtually addressed Boston Center of Excellence for Health & Human Development. He congratulated the Boston Center of Excellence for Health & Human Development for bringing together experts to research better cure & healthcare
Harsh Vardhan Constituency: Chandni Chowk, Delhi.
Delhi airport becomes the first airport in the Asia-Pacific region to get Level 4+ accreditation under ACI's Airport Carbon Accreditation, affirming our constant efforts towards sustainability and a greener future.GMR Group owns and operates the airport.
DEL is the eighth-largest airport in the world.
World Investor Week (WIW) is a week-long global campaign promoted by the International Organisation of Securities Commissions (IOSCO) to raise awareness about the importance of investor education and protection.
World Investor Week Celebrated under the aegis of IOSCO & SEBI.
The Malayalam-language film has been a festival favorite around the world having played at Toronto, London, Busan, and Stockholm in 2019 and at Rotterdam in 2020. Pellissery won the best director at the International Film Festival of India, Goa in 2019.
Jallikattu ,directed by Lijo Jose Pellissery.
HDFC ERGO General Insurance & NSDL Payments Bank announced their partnership to offer general insurance products to bank's customers & bring together distribution network of NSDL Payments Bank & HDFC ERGO to contribute towards financial inclusion in nation
National Securities Depository Limited Founded: 8 August 1996
AAI commenced Aviation Safety Awareness Week 2020 from 23rd to 27th Nov 2020. It is being observed at all airports & ANS locations managed by AAI across India. To raise awareness on Aviation Safety, AAI will undertake various employee engagement programs.
Theme: Shared Cultures, Thread Heritage, Shared Responsibility.
West Bengal govt launched Duare Duare Paschim Banga Sarkar scheme from which officials will redress grievances of people and Karmai Dharma scheme under which 2 lakh youths will be provided with 1 bike with assistance from cooperative banks.
The Assembly election in West Bengal is due in April-May 2021.
