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Current Affairs 27 October 2020

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We are here for you to provide the important Recent and Latest Current Affairs 27 October 2020, which have unique updates of Latest Current Affairs 2020 events from all newspapers such as The Hindu, The Economic Times, PIB, Times of India, PTI, Indian Express, Business Standard and all Government official websites.

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Top 20 Current Affairs of 27 October 2020

NATIONAL AFFAIRS

IIT Jodhpur, NHAI sign MoU to share their expertise skills for betterment of Highway Infrastructure

IIT, Jodhpur, NHAI sign pact to share expertise for betterment of highway infrastructureOn October 24, 2020, Indian Institute of Technology (IIT) Jodhpur and National Highways Authority of India (NHAI) signed a Memorandum of Understanding (MoU) to share expertise for the betterment of highway infrastructure.
The Signing of the MoU was held at IIT Jodhpur Campus in the presence of Santanu Chaudhury, Director of IIT Jodhpur, and Ajay Bishnoi, General Manager (Technical) and Project Director, NHAI, Project Implementation Unit (PIU) Jodhpur.
About National Highways Authority of India (NHAI):
Chairman – Sukhbir Singh Sandhu
Headquarters – New Delhi
About Indian Institute of Technology Jodhpur (IITJ):
Chairman – R. Chidambaram
Location – Jodhpur, Rajasthan
<<Read Full News>>

BANKING & FINANCE

SVC Co-operative Bank in Partnership with NPCI Launches Rewards Programme

SVC Bank has tied up with National Payments Corporation of India (NPCI) for a rewards programmei.On October 24, 2020 SVC Co-operative Bank(Formerly known as The Shamrao Vithal Co-operative Bank Ltd.) entered into partnership with National Payments Corporation of India (NPCI) to launch a rewards programme.
ii.The loyalty management program is designed to make the banking experience more rewarding for the customers of the bank.
About SVC Co-operative Bank:
Managing Director– Ajit E. Venugopalan
HeadOffice– Mumbai, Maharashtra
About National Payment Corporation of India (NPCI):
Head Office– Mumbai, Maharashtra
Managing Director(MD) & Chief Executive Officer(CEO)– Dilip Asbe
<<Read Full News>>

ECONOMY & BUSINESS

BSE Signed MoU with ICCI to support the Listing of SMEs & Start-ups

BSE signs MoU with ICCI to support SMEs start-ups in listing

i.On 24th October 2020, BSE signed a Memorandum of Understanding(MoU) with Inventivepreneur Chamber of Commerce & Industries (ICCI) to support Small and Medium Enterprises(SMEs) and start-ups & promote their listing on the exchange.
ii.BSE aims to give adequate exposure on the benefits of listing on exchange to SMEs and startups through ICCI.
iii.ICCI will support in evaluating the SMEs and startups for listing on BSE SME board.
About BSE:
MD & CEO– Ashishkumar Chauhan
Headquarters– Mumbai, Maharashtra
<<Read Full News>>      

APPOINTMENTS & RESIGNATIONS          

Indian-origin Wavel Ramkalawan Elected as Seychelles President; 1st Opposition Leader since 1977

Indian-origin Wavel Ramkalawan is elected Seychelles Presidenti.On October 25, 2020, India origin Wavel Ramkalawan, of the opposition Linyon Demokratik Seselwa (LDS) has been elected as the President of Seychelles by defeating incumbent Danny Faure of United Seychelles party. His great grandfather was an indentured labourer from Bihar.
ii.It should be noted that since 1977 it was for the first time that Seychelles got a leader from opposition party.
iii.Seychelles also elected an Indian-origin candidate, Sathya Naidu, to parliament.
iv.Ramkalawan captured 54.9% of the vote while Danny Faure got 43.5% in the vote.
About Seychelles:
Capital– Victoria
Currency– Seychellois Rupee
<<Read Full News>>

Central Govt. Formulated High-level Committee Headed by PM Modi to Commemorate 400th Birth Anniversary of Shri Guru Tegh Bahadur

Govt Sets Up High-level Committee Headed by PM Modi to Commemorate 400th Birth Anniversary of Shri Guru Tegh BahadurOn October 24, 2020, Central government set up a high-level 70-member committee headed by Prime Minister Narendra Modi to commemorate the 400th birth anniversary of Shri Guru Tegh Bahadur.

  • The mandate of the committee includes approval of policies, plans, programmes and supervision and guiding the commemoration, besides deciding broad dates for detailed programmes of celebration.

Members of the committee include the following:
Former Prime Minister Manmohan Singh, Lok Sabha Speaker Om Birla, Union ministers Rajnath Singh, Amit Shah, Nitin Gadkari, Nirmala Sitharaman, Hardeep Singh Puri, Punjab Chief Minister Amarinder Singh, chief ministers of Haryana, Bihar, Uttar Pradesh, West Bengal, Tamil Nadu, Maharashtra, Uttarakhand, Himachal Pradesh, Odisha and Rajasthan.

  • Other members include Congress leader Ghulam Nabi Azad, Akali Dal leaders Parkash Singh Badal, Sukhbir Singh Badal, SGPC president Gobind Singh Longowal, former chief of Indian Army J J Singh, former chief of Indian Air Force Birender Singh Dhanoa, and sportspersons Milkha Singh and Harbhajan Singh.
  • Union Home Secretary Ajay Kumar Bhalla will be the member secretary.

Alpha Condé Won 3rd Term as the President of Guinea

Guinean president Alpha Conde wins a 3rd termAlpha Condé (82 years old), the incumbent president of Guinea and leader of  Rally of the Guinean People (Rassemblement du Peuple Guinéen – RPG)  party won the 3rd term as the President of Guinea by winning the 2020 presidential elections held on 18th October. He won the election against Cellou Dalein Diallo with 59.49 % votes. Diallo got 33.5% votes in the election.
Winning the 2020 elections,
Alpha Condé is set to govern the country for the next 6 years.
Alpha Condé:
i.Alpha Condé was a former opposition activist who spent around 10 years in exile.
ii.In 2010, he became the country’s first democratically elected president since independence and he was re-elected in 2015.
iii.The Approval of the new constitution in March 2020 allowed Alpha Condé to contest in the 2020 elections and bypass the 2 term limit for presidents.
iv.Condéwas supported by the members of Malike community and Guinea’s 3rd major ethnic group – the Soussous.
About Guinea:
Prime Minister– Ibrahima Kassory Fofana
Capital– Conakry
Currency– Guinean Franc

Luis Arce Set to Become New President of Bolivia

Luis Arce wins landslide in Bolivian's president electionsOn 23th October, 2020, Bolivia’s Supreme Electoral Tribunal formally announced that Luis Alberto “Lucho” Arce Catacora won the Presidential elections in Bolivia.
i.Luis Arce will succeed Bolivia’s Interim President Jeanine Anez Chavez of the Democrat Social Movement Party.
ii.Luis’s Party Movement for Socialism (MAS) captured 55.1 % of votes and won the elections.
iii.Carlos Mesa, the Main Opposition Candidate who belongs to the Revolutionary Left Front Party (FRI) and contested the elections under the Citizen Community Party Alliance received 28.8 % of votes.
iv.He will take charge as President of Bolivia from 8th November, 2020.
About Bolivia:
Capital – Sucre (Constitutional & Judicial), La Paz (Executive & Legislative)
Currency – Boliviano (BOB)

SPORTS

Lewis Hamilton wins Portugese GP; Overtakes Schumacher in Record 92nd F1 Victory

Lewis Hamilton wins Portuguese Grand Prix for record 92nd F1 victoryOn 25th October, 2020, British Driver Lewis Hamilton (Mercedes) won the 2020 Portugese Grand Prix held at Algarve International circuit, Portugal. With this win, Lewis Hamilton became the most successful driver of Formula One with 92 wins.
i.Finland driver Valtteri Bottas (Mercedes) finished second, while Netherland’s Max Verstappen (Red Bull Racing) finished third in the race.
ii.Hamilton has moved one ahead of Schumacher’s all time record of 91 wins.
About Federation Internationale de l’Automobile (FIA):
President – Jean Todt
Headquarters – Paris, France
<<Read Full News>>

Tanmay Srivastava, India Under-19 World Cup Winner Retires 

U-19 World Cup-winner Tanmay Srivastava retires from cricket newOn October 24, 2020 Tanmay Manoj Srivastava, Uttar Pradesh batsman and who was part of India’s Under-19 World Cup winning team in 2008 announced his retirement from all forms of domestic cricket.
Currently, the top-order batsman will continue representing ONGC(Oil and Natural Gas Corporation), the company that gave him a sports-quota job as a teenager in 2007, in corporate tournaments.
About Tanmay Srivastava:
i.He represented India in under-15 at the age of 13. He captained the Under-19 team at the age of 16.
iii.At the age of 18, current Indian cricket captain Virat Kholi took over the captaincy of the Under-19 team. Under Virat Kholi, the Under-19 World Cup was won in 2008.
iv.He was the leading run-scorer with 262 runs in the World Cup and also played a key role in the final, scoring 43, which the Indian team had won.
v.He was part of the Uttar Pradesh team, when they made back-to-back Ranji Trophy finals from 2006 to 2008.
vi.He also played IPL( Indian Premier League), where he represented Kings XI Punjab, Deccan Chargers and the now-defunct Kochi Tuskers Kerala.
vii.Total Matches Played

  • He played 90 first-class games, scoring 4918 runs.
  • He also played 44 List A matches and 34 T20s.
  • He played 7 games in the first two editions of IPL.

OBITUARY

Veteran Gujarati Musician & Former MP Mahesh Kanodia Passed Away at 83

Veteran Gujarati film musician former MP Mahesh Kanodia deadOn 25th October 2020, Mahesh Kanodia former Member of Parliament(MP) and renowned Gujarati musician and singer passed away at the age of 83 at his residence in Gandhinagar, Gujarat due to prolonged illness. He was born on 27th January 1937 in Kanoda village, Mehsana district, Gujarat.
About Mahesh Kanodia:
i.Mahesh Kanodia was a music composer and singer, who performed together with his brother and Gujarati film superstar, Naresh Kanodia.
ii.The brothers were known as Mahesh-Naresh duo in Gujarati film industry.
Film Career:
i.He was the pioneer in introducing the concept of musical orchestra in India in 1947.
ii.He started his career as Music director in the gujarati
iii.He worked in films like ‘Jigar and Ami’, ‘Tanariri’, ‘Jog Sanjog’ and ‘Laju Lakhan’.
Political career:
Mahesh Kanodia represented the Patna Lok Sabha constituency in the parliament as a member of the Bharatiya Janata Party (BJP) for three terms between 1991 and 1999.
Awards:
He received the award for Best Music and Best Playback singer awards from the government of Gujarat for the films Jigar and Ami’, ‘Tanariri’, ‘Akhand Chudlo’ and ‘Laju Lakhan’

IMPORTANT DAYS

Disarmament Week observed on October 24-30, 2020

Disarmament Week 2020The United Nations (UN) Disarmament Week is held annually, which starts on the anniversary of the founding of the UN i.e. October 24 till October 30. This week highlights the danger of the arms and also promotes awareness and better understanding of disarmament issues to maintain international peace and security.

  • Disarmament is the act of reducing, limiting, or abolishing weapons.
  • The week was established by the General Assembly (GA) in 1978 through resolution S-10/2. In 1995, GA invited governments, as well as NGOs, to continue taking an active part in Disarmament Week (resolution 50/72 B, 12 December 1995).
  • It should be noted that Sustainable Development Goal (SDG) 16 of 2030 Agenda recognizes significant reduction in illicit arms flows is necessary for peaceful, just and inclusive societies.

Key Observances:
–A virtual book “Navigating Disarmament Education: The Peace Boat Model, Civil Society and Disarmament 2020” will be launched during Disarmament Week to explore the various challenges and possibilities of disarmament education.
–On October 26, 2020, a special event was held to announce the winners of the #75Words4Disarmament Youth Challenge which was launched on International Youth Day (IYD) 2020 on August 12, 2020 to mark the 1st anniversary of the #Youth4Disarmament initiative.

STATE NEWS

Punjab CM Launched Phase 2 of Urban Environment Improvement Programme

Punjab CM launches phase 2 of Urban Environment Improvement Programme

i.On September 24, 2020 Punjab Chief Minister Amarinder Singh virtually launched the phase-II of Rs 11,000 crore Urban Environment Improvement Programme (UEIP), from Bachat Bhawan, Ludhiana in Punjab.
ii.The project envisages development of the state’s infrastructure and efficient service delivery systems to the urban population.
iii.The state has spent Rs 3,000 crore in the first phase of UEIP scheme.
About Punjab:
Governor– Vijayender Pal Singh Badnore
Capital– Chandigarh
<<Read Full News>>

AC GAZE

‘Ayurveda for Covid-19′ to be the main theme of 5th Ayurveda Day

The Ayurveda Day is observed every year from 2016, on the day of Dhanwantri Jayanti. This year is the 5th Ayurveda Day, which falls on November 13, 2020. A webinar will be organised on the theme of ‘Ayurveda for Covid-19 Pandemic’ on the day. The Ministry of Ayush will organise various activities to mark the Day, with a special focus on concerns related to the present pandemic and how Ayurveda can help in immunity building in this context.

NTPC Ranks 1st Among Indian PSUs in Forbes “World’s best Employers 2020”

NTPC Limited (formerly known as National Thermal Power Corporation Limited), owned by the government of India and one of India’s largest energy corporations tops the list of Indian Public Sector Undertakings (PSUs) featured in the 4th annual “World’s Best Employer 2020” list published by Forbes. The final list comprises 750 multinational corporations headquartered in 45 countries.The overall ranking of NTPC is 261. 

Arunachal Pradesh builds War Memorial at Bum La, Arunachal Pradesh

The State Government of Arunachal Pradesh has built a War Memorial at Bum La in Arunachal Pradesh. The memorial is a tribute to Joginder Singh  of 1st Battalion, Sikh Regiment, who received the Highest Gallantry Award ‘Param vir Chakra’ during 1962 Sino-India war. Indian Army organised the Inauguration ceremony of Joginder War Memorial at Bum La on October 23, coinciding the day on which the Battle of Tongpen La (Bum La) took place in 1962.

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Current Affairs Today (AffairsCloud Today)

S.no Current Affairs 27 October 2020
1 IIT Jodhpur, NHAI sign MoU to share their expertise skills for betterment of Highway Infrastructure
2 SVC Co-operative Bank in Partnership with NPCI Launches Rewards Programme
3 BSE Signed MoU with ICCI to support the Listing of SMEs & Start-ups
4 Indian-origin Wavel Ramkalawan Elected as Seychelles President; 1st Opposition Leader since 1977
5 Centre Formulated High-level Committee Headed by PM Modi to Commemorate 400th Birth Anniversary of Shri Guru Tegh Bahadur
6 Alpha Condé Won 3rd Term as the President of Guinea
7 Luis Arce Set to Become New President of Bolivia
8 Lewis Hamilton wins Portugese GP; Overtakes Schumacher in Record 92nd F1 Victory
9 Tanmay Srivastava, India Under-19 World Cup Winner Retires
10 Veteran Gujarati Musician & Former MP Mahesh Kanodia Passed Away at 83
11 Disarmament Week observed on October 24-30, 2020
12 Punjab CM Launched Phase 2 of Urban Environment Improvement Programme
13 ‘Ayurveda for Covid-19′ to be the main theme of 5th Ayurveda Day
14 NTPC Ranks 1st Among Indian PSUs in Forbes “World’s best Employers 2020”
15 Arunachal Pradesh builds War Memorial at Bum La, Arunachal Pradesh