Current Affairs 26 November 2020

First Published on November 26, 2020 | Last Updated on 2 months

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Daily Current Affairs 26 November 2020

Why is 26 November 2020 Current Affairs important?

Today we are sharing Current Affairs 26 November 2020 which is very useful for various competitive exams like Banking, SSC, Railway, etc. Today Current Affairs 26 November 2020 includes various important appointments, banking news, science, and technology news, awards, national and international news. Current Affairs 26 November 2020 which is very useful for various competitive exams like Banking, SSC, Railway, etc. Current Affairs 26 November 2020 is also useful for private job interviews.

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Appointments/Resignations

Harpal Singh appointed as the Indian Army’s Engineer-in-Chief.

Important Points to Remember:

  • He is currently Director-General of Border Roads Organization (BRO).

Akshay Kumar appointed as Brand Ambassador of PagarBook.

Important Points to Remember:

  • PagarBook: Workforce Management Solution for Indian SMEs

Awards and Honours

EPFO conferred with Platinum Partner Award.

Important Points to Remember:

  • Electronics and Information Technology, Communications and Law & Justice Minister, Ravi Shankar Prasad unveiled the newly instituted UMANG Awards on the occasion of completion of 3 years of UMANG App.
  • Employees’ Provident Fund Organisation (EPFO) has been conferred with Platinum Partner Award for registering more than 25 lakh transactions on UMANG App.

Banking/Economy News

Union Cabinet on 25th November 2020 approved amalgamation of Lakshmi Vilas Bank and DBS Bank.

Important Points to Remember:

  • Earlier Reserve Bank of India placed the Lakshmi Vilas Bank under a moratorium on 17th November 2020. 
  • RBI has capped all cash withdrawals from the bank to 25000 rupees but now after the amalgamation of both banks, now depositors can withdraw the amount without any limit.
  • DBS Bank Headquarters: Singapore
  • DBS Bank CEO: Piyush Gupta

Books and Authors

Prime Minister Narendra Modi released a book.

Important Points to Remember:

  • The book is based on the life and ideals of Sri Guru Nanak Dev Ji.
  • The book has been penned by Kirpal Singh Ji.

Cabinet Decisions Today

Union Cabinet on 25th November 2020 approved amalgamation of Lakshmi Vilas Bank and DBS Bank.

Important Points to Remember:

  • Earlier Reserve Bank of India placed the Lakshmi Vilas Bank under a moratorium on 17th November 2020. 
  • RBI has capped all cash withdrawals from the bank to 25000 rupees but now after the amalgamation of both banks, now depositors can withdraw the amount without any limit.

Union Cabinet approved the MoU between the ICAI and the VRC, the Netherlands.

Important Points to Remember:

  • The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi has approved the signing of the Memorandum of Understanding (MoU) between the Institute of Chartered Accountants of India (ICAI) and the Vereniging van Registercontrollers(VRC), the Netherlands.
  • The MoU would help in strengthening and developing the Accounting, Financial, and Audit Knowledge Base between the Netherlands and India.
  • The engagement between the premier Institutes of both countries would help to generate greater employment opportunities for Indian Chartered Accountants and also greater remittances back to India.

Implementation strategy and Targets:

  • ICAI and VRC will work together to hold and conduct Technical Events, Seminars, Conferences in the Netherlands.
  • To establish possible co-operation in respect of Member Management, ProfessionalEthics, Technical Research, Continuing Professional Education; ProfessionalAccountancy Training, Education and Examinations, as well as the institutional capacity Building of the Accountancy profession.
  • To offer short term professional courses in the domain of Accounting, Finance, Information Technology, and Audit in the Netherlands.
  • To discuss potential emerging developments in form of Students and FacultyExchange programs.
  • Share available unrestricted information concerning the accountancy profession in India and the Netherlands and internationally when required.
    Benefits:

Union Cabinet approved FDI of Rs. 2480.92 crore in ATC Telecom Infrastructure Private Limited by ATC Asia Pacific Pte. Ltd.

Important Points to Remember:

  • The Cabinet Committee on Economic Affairs chaired by Prime Minister Shri Narendra Modi has approved the FDI proposal no. 4930 for the acquisition of 12.32% of the equity share capital (on a fully diluted basis) of ATC Telecom Infrastructure Private Limited by ATC Asia Pacific PTE Limited as a result of the exercise of a put option by Tata Tele Services Limited (TTSL) and Tata Sons Private Limited (TSPL).
  • This would lead to a foreign direct investment inflow of Rs. 2480.92 crore.
  • With this approval, the cumulative FDI of ATC Asia Pacific PTE Limited (ATC Singapore) into ATC Telecom Infrastructure Private Limited (ATC India) will be Rs. 5417.2 crore in financial years 2018-19 to 2020-21.
  • ATC Telecom Infrastructure Private Limited is engaged in the business of providing telecom infrastructure services to telecom operators.
  • The company has existing FDI approval of up to 86.36 % and with this approval, it will rise to 98.68% (on a fully diluted basis).

Important Days

Constitution Day (Samvidhan Divas or National Law Day) is celebrated in India on 26 November every year.

Important Points to Remember:

  • The Constituent Assembly adopted the Constitution of India on 26 November 1949, and it came into effect on 26 January 1950.
  • BR Ambedkar: Drafter of Indian Constitution

National Milk Day in India is observed on 26 November.

Important Points to Remember:

  • National Milk Day in India is observed to honoring Dr. Verghese Kurien, who is considered to be the father of India’s White Revolution.

National News

All Fixed to Mobile calls to be dialed with prefix ‘0’ from 15th January 2021.

Important Points to Remember:

  • All Fixed to Mobile calls will be dialed with the prefix ‘0’ from 15th January 2021.
  • There will be no change in the dialing plan from fixed to fixed, mobile to fixed, and mobile to mobile calls.
  • A suitable announcement will be made for the same. This announcement shall be played whenever a subscriber dials a fixed to mobile call without prefixing ‘0’.
  • All fixed-line subscribers will be provided with a ‘0’ dialing facility.
  • A total of approximately 2539 million numbering series is expected to be generated from the above. This will free up sufficient numbering resources for future use.

Thaawarchand Gehlot launched ‘National Portal for Transgender Persons’ virtually in Vadodara, Gujarat.

Important Points to Remember:

  • National Portal for Transgender Persons has been developed within 2 months of Notification of Transgender Persons (Protection of Rights) Rules, 2020 on 29 September 2020.
  • This highly useful Portal would help a transgender person in applying for a Certificate and Identity card digitally from anywhere in the country.
  • The most important benefit is that it helps the transgender person to get the I-Card without any physical interface and without having to visit any office.
  • Through the Portal, they can monitor the status of their application that ensures transparency in the process.
  • This portal will help a lot of people from the community to come forward and get Transgender Certificate and Identity Cards as per their self-perceived identity which is an important provision of The Transgender Persons (Protection of Rights) Act, 2019.

Thaawarchand Gehlot inaugurated Garima Greh virtually in Vadodara, Gujarat.

Important Points to Remember:

  • Garima Greh is a Shelter Home for Transgender Persons.
  • Garima Greh will be run in association with Lakshya Trust, a Community based organization entirely run by the Transgenders.
  • The purpose of the Shelter Home is to provide shelter to Transgender persons, with basic amenities like shelter, food, medical care, and recreational facilities.

Thaawarchand Gehlot released the Documentary “Illustrations and Calligraphy in the Constitution of India” virtually to mark Constitution Day.

Important Points to Remember:

  • The documentary produced by Dr. Ambedkar International Centre (DAIC).

Obituaries/Deaths

Argentina Soccer Superstar Diego Maradona passed away.

Important Points to Remember:

  • Maradona became a household name after inspiring his country to World Cup glory in 1986.
  • He took center stage at the tournament with a memorable performance against England where he scored an iconic goal that he later described as the “Hand of God.”
  • Argentina’s President Alberto Fernandez announced three days of national mourning for the passing of Maradona.

Shia Cleric Maulana Kalbe Sadiq passed away.

Important Points to Remember:

  • He was an Indian Islamic scholar, reformer, educationist, philanthropist, and preacher.

Congress Veteran Ahmed Patel passed away.

Important Points to Remember:

  • Member of Parliament, Rajya Sabha: 19 August 1993 – 25 November 2020 Constituency (Gujarat)
  • Member of Parliament, Lok Sabha: 1977–1989

Sports News

Argentina Soccer Superstar Diego Maradona passed away.

Important Points to Remember:

  • Maradona became a household name after inspiring his country to World Cup glory in 1986.
  • He took center stage at the tournament with a memorable performance against England where he scored an iconic goal that he later described as the “Hand of God.”
  • Argentina’s President Alberto Fernandez announced three days of national mourning for the passing of Maradona.

Kiren Rijiju launched the second edition of Fit India School Week.

Important Points to Remember:

  • Union Sports Minister Shri Kiren Rijiju on 25th November 2020 launched the second edition of the “Fit India School Week” program.
  • The Fit India School week program was launched in November last year and saw participation from over 15,000 schools across the country.

Summits and Conferences

Narendra Modi chaired the 33rd PRAGATI interaction.

Important Points to Remember:

  • Prime Minister Shri Narendra Modi on 25th November chaired the PRAGATI meeting today.
  • It was the Prime Minister’s thirty-third interaction through PRAGATI.
  • PRAGATI is the ICT based multi-modal platform for Pro-Active Governance and Timely Implementation, involving Central and State governments.

Ramesh Pokhriyal ‘Nishank’ addressed a virtual National Conference on ‘Empowering through Zero- Shunya Se Sashaktikaran’.

Important Points to Remember:

  • Union Education Minister Shri Ramesh Pokhriyal ‘Nishank’ addressed a virtual National Conference on ‘Empowering through Zero- Shunya Se Sashaktikaran’ organized by Sri Aurobindo Society on 24th November 2020.
  • He also launched ‘Innovation and Leadership Casebook – Covid Edition’, the e-books comprise of the innovative efforts and work of the education officers and teachers.

Current Affairs Quiz Questions Answers

Current Affairs 26 November 2020 Quiz and Answers

Today we are sharing Current Affairs 26 November 2020 which is very useful for various competitive exams like Banking, SSC, Railway, etc. Today Current Affairs 26 November 2020 includes various important appointments, banking news, science, and technology news, awards, national and international news. Current Affairs 26 November 2020 which is very useful for various competitive exams like Banking, SSC, Railway, etc. Current Affairs 26 November 2020 is also useful for private job interviews.

1. When is Constitution Day in India observed every year?
a) 26 November
b) 28 November
c) 25 November
d) 27 November

Correct Answer: A (26 November)

Explanation: Constitution Day is celebrated in India on 26 November every year. The Constituent Assembly of India adopted the Constitution of India on 26 November 1949, and it came into effect on 26 January 1950. This day is also known as Samvidhan Divas or National Law Day.

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