Current Affairs 18 November 2020

First Published on November 18, 2020 | Last Updated on 2 weeks

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Daily Current Affairs 18 November 2020

Why is 18 November 2020 Current Affairs important?

Today we are sharing Current Affairs 18 November 2020 which is very useful for various competitive exams like Banking, SSC, Railway, etc. Today Current Affairs 18 November 2020 includes various important appointments, banking news, science, and technology news, awards, national and international news. Current Affairs 18 November 2020 which is very useful for various competitive exams like Banking, SSC, Railway, etc. Current Affairs 18 November 2020 is also useful for private job interviews.

Appointments/Resignations

Senapathy Gopalakrishnan appointed as the first chairperson of the Reserve Bank Innovation Hub (RBIH).

Important Points to Remember:

  • Senapathy Gopalakrishnan: Former Infosys chairman and co-founder.
  • RBI announced on 6 August 2020, that it would set up an Innovation Hub to promote innovation across the financial sector by leveraging on technology and creating an environment which would facilitate and foster innovation.
  • The hub aims to promote innovation across the financial sector by leveraging technology.

Priyanka Chopra appointed BFC’s’ ambassador for positive change.

Important Points to Remember:

  • BFC: British Fashion Council

Awards and Honours

Ramesh Pkhriyal Nishank launched Lilavati Award.

Important Points to Remember:

  • Union Minister of Education Shri Ramesh Pokhriyal, “Nishank” virtually launched Lilavati Award 2020.
  • Lilavati Award: AICTE’s Innovative education program to empower women.

Banking/Economy News

Reserve Bank of India placed Lakshmi Vilas Bank under moratorium.

  • In view of its weak financials, the Reserve Bank of India placed the Lakshmi Vilas Bank under moratorium with immediate effect.
  • RBI has capped all cash withdrawals from the bank to 25000 rupees.

Defence News

DRDO successfully second flight-tested of QRSAM.

Important Points to Remember:

  • In the second flight test, the Quick Reaction Surface to Air Missile (QRSAM) System tracked the target accurately and successfully hit the airborne target.
  • First, successfully flight tested was done on 13th November 2020.
  • DROD Chief: G. Sateesh Reddy
  • DRDO Headquarters: New Delhi

The second phase of Malabar Exercise begins in the Northern Arabian Sea.

Important Points to Remember:

  • The second phase of Exercise Malabar 2020 begins on 17th November 2020 in the Northern Arabian Sea.
  • The first phase of the three-day quadrilateral naval exercise Malabar began on the 3rd of November 2020. India, the United States, Japan, and Australia conducted the exercise in the Bay of Bengal.

International News

High Commission of India launched Special Edition Watches in Dhaka.

Important Points to Remember:

  • A limited series of special edition wristwatches was released in Dhaka on 17th November 2020 for the Mujib Centenary year ‘Mujib Borsho’.
  • The special edition watches designed and commissioned by the High Commission of India.
  • Bangladesh Minister of Road Transport and Bridges Obaidul Quader and the High Commissioner of India to Bangladesh Vikram Doraiswami released the special edition of wristwatches.

Japan and Australia signed a landmark defence deal.

Important Points to Remember:

  • Japanese Prime Minister Yoshihide Suga and Australian Prime Minister Scott Morrison signed a landmark defence deal.
  • This deal was done to counter China’s growing influence in the South China Sea and over the Pacific island nations.

National News

Shubham Yadav became the first non-Muslim in the country to top in the Central University Common Entrance Test in Islamic Studies.

Sports News

FIFA cancelled Women’s Under-17 football World Cup.

Important Points to Remember:

  • The Women’s U-17 football World Cup, which was initially postponed to next year due to COVID-19 pandemic, was cancelled by FIFA on 17th November 2020.
  • India will host the 2022 edition.
  • FIFA cancelled U-17 and U-20 World Cup.
  • All India Football Federation President: Prafull Patel

BCCI announces MPL Sports as the official Kit sponsor for Team India.

Important Points to Remember:

  • BCCI President: Saurav Ganguly
  • BCCI Headquarters: Mumbai

Argentine footballer, Javier Mascherano announces retirement.

State News

First solar power-enabled Textile Mill in Asia to come up in Parbhani district of Maharashtra.

Important Points to Remember:

  • The Jai Bhawani women’s cooperative textile mill will be the first in Asia that will operate on solar power.
  • Spread across thirty acres of land the mill will process cotton to the cloth.

Digital museum opened at Maharaj Bada in Gwalior.

Important Points to Remember:

  • The museum is developed by Gwalior Smart City.
  • It is the first centre of its kind in Gwalior and Bundelkhand area and will play a role in educating school students.

Summits and Conferences

Narendra Modi addressed the 12th BRICS Summit 2020 on 17th November 2020.

Important Points to Remember:

  • This year BRICS Summit theme was ‘Global Stability, Shared Security and Innovative Growth’.
  • BRICS: Brazil, Russia, India, China, and South Africa

India-Luxembourg Virtual Summit

Important Points to Remember:

  • A Virtual Summit will be held between Prime Minister Shri Narendra Modi and Prime Minister of Luxembourg H.E. Mr Xavier Bettel on 19 November 2020.
  • This will be the first stand-alone Summit meeting between India and Luxembourg in the past two decades.

Narendra Modi will inaugurate Bengaluru Tech Summit 2020 on 19th November 2020.

Important Points to Remember:

  • Prime Minister Narendra Modi will inaugurate Bengaluru Tech Summit on 19th November 2020.
  • The theme of the summit is “Next is Now”.

Current Affairs Quiz Questions Answers

Current Affairs 18 November 2020 Quiz and Answers

Today we are sharing Current Affairs 18 November 2020 which is very useful for various competitive exams like Banking, SSC, Railway, etc. Today Current Affairs 18 November 2020 includes various important appointments, banking news, science, and technology news, awards, national and international news. Current Affairs 18 November 2020 which is very useful for various competitive exams like Banking, SSC, Railway, etc. Current Affairs 18 November 2020 is also useful for private job interviews.

1. FIFA cancelled U-17 Women’s World Cup. Which nation will host the 2022 Edition?
a) UAE
b) India
c) Japan
d) Argentina

Correct Answer: B (India)

Explanation: The Women’s U-17 football World Cup, which was initially postponed to next year due to COVID-19 pandemic, was cancelled by FIFA on 17th November 2020. India will host the 2022 edition.

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2. Who of the following appointed as the first chairperson of the Reserve Bank Innovation Hub (RBIH)?
a) Suryakumar Tripathi
b) Anuja Agarwal
c) Vikram Sen
d) Senapathy Gopalakrishnan

Correct Answer: B (INDIA)

Explanation: Senapathy Gopalakrishnan appointed as the first chairperson of the Reserve Bank Innovation Hub (RBIH). RBI announced on 6 August 2020, that it would set up an Innovation Hub to promote innovation across the financial sector by leveraging on technology and creating an environment which would facilitate and foster innovation.

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3. Who of the following became the first non-Muslim in the country to top in the Central University Common Entrance Test in Islamic Studies?
a) Ankush Trivedi
b) Shubham Yadav
c) Vikrant Sathe
d) Sameer Khare

Correct Answer: B (Shubham Yadav)

Explanation: Shubham Yadav became the first non-Muslim in the country to top in the Central University Common Entrance Test in Islamic Studies.

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4. Reserve Bank of India placed which Bank under moratorium?
a) Yes Bank
b) Laxmi Vilas Bank
c) Fino Payments Bank
d) Airtel Payments Bank

Correct Answer: B (Laxmi Vilas Bank)

Explanation: Reserve Bank of India placed Lakshmi Vilas Bank under moratorium. In view of its weak financials, the Reserve Bank of India placed the Lakshmi Vilas Bank under moratorium with immediate effect. RBI has capped all cash withdrawals from the bank to 25000 rupees.

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5. In which state, a first solar-powered textile mill in Asia will be set up?
a) Rajasthan
b) Telangana
c) Uttar Pradesh
d) Maharashtra

Correct Answer: D (Maharashtra)

Explanation: First solar power-enabled Textile Mill in Asia to come up in Parbhani district of Maharashtra. The Jai Bhawani women’s cooperative textile mill will be the first in Asia that will operate on solar power.

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