Daily Current Affairs: 5 November 2020

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Daily Current Affairs

Daily Current Affairs

Dear Readers,

This post contains important daily current affairs of 5 November 2020. It includes all Major National, International, Business and Sports related current affairs of 5 November 2020. We have collected the latest daily current affairs and compiled them date wise. These current affairs are important for all competitive exams like bank, ssc, ibps, sbi exams. The GK current affairs will help you score more in these competitive exams. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through these current affairs we would recommend to you to try 5 November 2020 daily Current affairs test.

Daily Current Affairs

Daily Current Affairs

IMPORTANT DAYS

World Tsunami Awareness Day is observed on November 5
World Tsunami Awareness Day is observed on 5 November to highlight the dangers of tsunami and to focus on the importance of the early warning systems to minimise the damage caused due to the natural hazard. This day also provides traditional knowledge about tsunamis.

STATE NEWS

Assam Education Dept launches toll free tele-education helpline number for govt school students
In Assam, the Education department has launched a toll free tele education helpline number for government school students. Principal Secretary of the department B Kalyan Chakravarthy said the helpline number is to guide 6th to 10th standard students on subject matters and psycho-social aspects. The tollfree no is – 18003453578. Mr. Chakravarthy said that it would work on all 6 days in week except Sunday from 10 am to 3 pm.

UP govt to hold grand annual Deepotsav celebrations in Ayodhya on Diwali
Uttar Pradesh government will celebrate the annual Deepotsav in Ayodhya on Diwali in a grand manner and this time it is planning to break its own last year record by lighting around 6 lakh diyas, earthen lamps on the ghats of Saryu. The celebration will not be scaled down due to the coronavirus pandemic, even though there will be minimal public participation.

NATIONAL AFFAIRS

ECI organizes 3-day International Virtual Election Visitors Programme for Foreign Election Management Bodies
Election Commission of India is organizing a three-day International Virtual Election Visitors Programme for Foreign Election Management Bodies and Organizations from, in the context of the ongoing Bihar Legislative Assembly Elections.

INTERNATIONAL AFFAIRS

Bangladesh, US launch joint naval exercise ‘CARAT Bangladesh 2020’
The Bangladesh and US Navies launched the ‘Cooperation Afloat Readiness and Training (CARAT) Bangladesh-2020’ to expand relationships and broaden maritime awareness between the two countries.

World’s largest IPO halted in China, Ant Group’s dual listing postponed in Shanghai & HK exchanges
Chinese fintech giant Ant Group’s dual listing at Shanghai and Hong Kong stock exchanges, has been delayed. The largest Initial Public Offering in global finance, worth around 35 billion USD, has been delayed just two days ahead from its trading debut, following a meeting of the groups’s co-founder Jack Ma by the Chinese market regulators.

BANKING & FINANCE

ICICI Bank launches ‘Mine’ for millennials
ICICI Bank announced the launch of India’s first comprehensive banking programme for millennials. Inspired by ‘Millennial Network’, the proposition is called ‘ICICI Bank Mine’ and offers an instant savings account, a feature driven iMobile application that offers investment guidance to suit the demand of millennials, curated credit and debit card, instant personal loans & overdrafts, and even an experiential branch with social engagement space.

RBI imposes penalty on 2 co-operative banks in Tamil Nadu and Karnataka
The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹15 lakh on two co-operative banks, including Millath Co-operative Bank, Davangere (Karnataka) and The Thiruvaikuntam Co-operative Urban Bank Limited, Thoothukudi (Tamil Nadu).

WhatsApp gets NPCI green signal to launch UPI payment
The National Payments Corporation of India has given its approval to WhatsApp to ‘Go Live’ on UPI in a graded manner. The instant messaging platform has been testing the payment method for over two years but the expansion was stalled due to privacy concerns.

RBI announces co-lending scheme for banks, NBFCs for priority sector
The Reserve Bank came out with a Co-Lending Model (CLM) scheme under which banks can provide loans along with NBFCs to priority sector borrowers based on a prior agreement. Under the Co-Lending Model (CLM), banks will be permitted to co-lend with all registered NBFCs (including HFCs) based on a prior agreement, the RBI said, adding that ‘the co-lending banks will take their share of the individual loans on a back-to-back basis in their books’.

APPOINTMENTS & RESIGNATIONS

Portea Medical appoints Vaibhav Tewari as co-founder
Home healthcare startup Portea Medical appointed Vaibhav Tewari as its co-founder and board member. Amid the pandemic, Tewari conceptualized and executed remote monitoring solutions in partnership with state governments, RWAs and corporates. This has not only reduced the burden on hospitals but also ensured that there is timely testing and detection of covid-19.

Dalmia Bharat Group appoints ex-Infosys official Rajiv Bansal as ED
Manufacturing firm Dalmia Bharat Group has appointed Rajiv Bansal as senior executive director. Bansal was chief financial officer at DXC Technology before joining the firm, and has worked as CFO at both Ola (ANI Technologies) and Infosys Ltd in his previous stints.

HDFC Bank appoints Ramesh Lakshminarayanan as its new CIO
Largest private sector lender HDFC Bank has hired Ramesh Lakshminarayanan as its next chief information officer (CIO). This is the first major hiring the bank has announced under its new chief executive and managing director Sashidhar Jagdishan.

SCIENCE & TECHNOLOGY

Indian e-bicycle startup AlphaVector launches its first e-bike Meraki
AlphaVector, an Indian startup has announced the launch of its first e-bicycle in India – Meraki by Ninety One. Launched at a price of 29,999, the e-bicycle requires no license and is aimed at the growing e-bike market in India. Meraki has already received 100+ pre-booking registrations from cities like Mumbai, Banglore, Delhi, Chennai, Pune, Ahmedabad.

ISRO to launch Earth Observation Satellite EOS01
The Indian Space Research organisation ISRO has scheduled the launch of the Earth Observation Satellite EOS01. Nine other customer satellites will also be carried into space by the workhorse launch vehicle PSLV-C49. The ISRO has however added the launch timings are subject to the local weather. This would be the first launch by the ISRO after the Covid-triggered lockdown. The mission will be performed from the first launch pad at the Satish Dhawan Space Centre at Sriharikota in southern Andhra Pradesh, close to Chennai.

 

 

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