Daily GK and Current Affairs Quiz – 6th November 2020

Correct Answer: E. All of the above

Explanation: Adani Gas Limited has signed a definitive agreement for the acquisition of three geographical areas (GAs), namely Ludhiana, Jalandhar and Kutch (East). With this, Adani Gas tally of geographical areas shall now increase to 22. Ludhiana, Jalandhar and Kutch (East) have high volumes potential in terms of demand of more than 6.5 MMSCMD over a period of 10 years.

Correct Answer – B. SEBI

Explanation: The Securities and Exchange Board of India (SEBI) has laid down a fresh set of norms for increasing diligence on debt securities. Sebi had first approved these new norms in its board meeting on 30 September 2020. These rules strengthen the role of debenture trustees by empowering them to conduct an independent inspection of assets on which a charge is being created. SEBI is the regulator of the securities and commodity market in India owned by the Government of India.

Correct Answer – D. Tamal Bandyopadhyay

Explanation: Author Tamal Bandyopadhyay is coming up with a new book titled “Pandemonium: The Great Indian Banking Tragedy”. It will be released on 9 November 2020. This book gives a bird’s-eye view of Indian banking and also a fly-on-wall documentary. This book, published by Roli Books, provides an understanding of the challenges and economic potential of India.

Correct Answer – C. Narendra Modi

Explanation:  Prime Minister Narendra Modi has chaired the Virtual Global Investor Roundtable held on 5th November 2020. The Roundtable is being organized by the Finance Ministry and the National Investment and Infrastructure Fund. It is an exclusive dialogue between leading global institutional investors, Indian business leaders and the highest decision-makers from the Government and Financial Market Regulators.

Correct Answer – B. Assam

Explanation: In Assam, Rupsi Airport at Kokrajhar district is all set to start commercial operation under Regional Connectivity Scheme by January 2021. The airport has been re-developed at an estimated cost of 69 crore rupees and has also received its license by Directorate General of Civil Aviation. Spread across 337 acres of land, the newly developed airport has a terminal building with an area of 3,500 sqm.

Correct Answer – D. Ivory Coast

Explanation: Alassane Ouattara, President of Ivory Coast (Côte d’Ivoire) won the 3rd term as the President with her landslide victory in the 2020 Ivory Coast Election securing 94.27% of the vote. The 2020 Ivory Coast Election held on 31st October 2020 was boycotted by the two opposition figures – former President Henri Konan Bedie and ex-Prime Minister Pascal Affi N’Guessan and their supporters. The total voter turnouts was around 53.90% and the opposition claimed that only 10% Ivorians took part in the election.

Correct Answer – D. ICICI Lombard General Insurance Company Ltd

Explanation: The Competition Commission of India (CCI) under Section 31(1) of the Competition Act, 2002, approved the acquisition of General Insurance Business of Bharti AXA General Insurance Company Limited (Bharti AXA) by ICICI Lombard General Insurance Company Limited (ICICI Lombard). As per the proposed combination, the whole general insurance business of Bharti AXA will be transferred to ICICI Lombard by way of demerger, considering that ICICI Lombard will issue shares to Bharti AXA.

The combined entity(proposed merged non-life insurance company) is likely to have a market share of 8.7% on a pro forma basis. Under the proposed combination, the shareholders of Bharti AXA will receive 2 shares of ICICI Lombard for every 115 shares of Bharti AXA, held by them as on the date on which the scheme is approved by the Board of Directors of ICICI Lombard and Bharti AXA.

Correct Answer – D. Nagpur

Explanation: The Chief Justice of India (CJI) Sharad Arvind Bobde and Justice DY Chandrachud of the Supreme Court, jointly inaugurated India’s first-ever E-resource centre and the virtual court called “Nyay Kaushal” at Judicial Officers Training Institute in Nagpur. The Nyay Kaushal will facilitate electronic-filling of cases in the Supreme Court, any High Court as well as district courts across the country to enable speedy justice for litigants, by utilising technology. The virtual court will be working from Katol in Nagpur district of Maharashtra.

Correct Answer – C. IISc Banglore

Explanation:  The Indian Institute of Science (IISc) and the Research and Development Centre of Indian Oil Corporation Limited (IOCL) have signed an MoU to develop and demonstrate biomass gasification-based hydrogen generation technology. This technology will be used for producing fuel cell-grade hydrogen at an affordable price.

The IISc and IndianOil will work jointly on the optimisation of both biomass gasification and hydrogen purification processes, The developed technology will be scaled up and demonstrated at IndianOils R&D Centre at Faridabad, Haryana. Hydrogen generated from this demonstration plant will be used to power fuel cell buses. This initiative to produce fuel cell grade hydrogen from biomass is another step by IndianOil jointly with IISc to bring hydrogen fuel to the major energy matrix of India while using the agricultural forces of India.

Correct Answer – C. INS Airavat

Explanation: As a part of Mission Sagar-II, the Indian Naval Ship (INS) Airavat has reached Sudan with 100 tonnes of food aid. Under Mission Sagar-II, INS Airavat will deliver food aid to Sudan, South Sudan, Djibouti and Eritrea amid the COVID-19 pandemic. The government of India has launched this initiative to provide assistance to friendly foreign countries to overcome natural calamities and COVID-19 pandemic. Mission Sagar-II follows the Mission Sagar-I, which was undertaken in May-June 2020, wherein India provided food and medicines to Maldives, Mauritius, Seychelles, Madagascar and Comoros. It is in line with the Prime Minister’s vision of Security and Growth for All in the Region (SAGAR) and highlights the importance accorded by India to relations with her maritime neighbours and further strengthens the existing bond.

Correct Answer – D. Nepal

Explanation: Army chief Gen MM Naravane arrived in Nepal on 4 November 2020 on a three-day crucial visit. Naravane’s visit is largely aimed at resetting relations with Nepal after the ties came under severe strain following a bitter border row. Gen Naravane will pay homage at the martyrs’ memorial at the Army Pavilion on 5 Nov 2020 and receive a guard of honour at the Nepal Army headquarters.

Correct Answer – D. Raja Krishnamoorthi

Explanation: Indian-origin Democratic Congressman Raja Krishnamoorthi has been re-elected to the US House of Representatives for the third consecutive term. Krishnamoorthi, who was born in New Delhi, easily defeated Preston Nelson of the Libertarian Party. Krishnamoorthi, whose parents are from Tamil Nadu, was first elected to the House of Representatives in 2016.

Correct Answer – C. Violinist

Explanation:  The Veteran Violinist and Padama Shri & Padma Bhushan Awardee Tripunithura Narayanaiyer Krishnan (T N Krishnan) passed away at the age of 92 at Chennai, Tamil Nadu. He was born in 1928 in Kerala. T N Krishnan was a child prodigy who made his first solo violin concert in Triruvantahpuran in 1939. He was mentored by Alleppy K. Parthasarathy and had accompanied numerous musicians like Ariyakudi Ramanuja Iyengar, Musiri Subramania Iyer, Alathur Brothers, Madurai Mani Iyer, Chembai Vaidyanatha Bhagavatar among others.

Correct Answer: A. Bihar

Explanation: Satish Prasad Singh, former Chief Minister (CM) and Socialist of Bihar passed away at the age of 84 due to illness at AIIMS (All India Institute of Medical Sciences), Delhi. Satish Prasad Singh, the leader of Soshit Samaj Dal became the 6th and the shortest- served CM of Bihar for 5 days (28 January to February 1, 1968) with the support of Indian National Congress (INC). He was born on January 1, 1936 in Korchakka (now known as Satish Nagar) Village, Khagaria district, Bihar.