Current Affairs(4TH NOVEMBER)
MALABAR NAVAL EXERCISE 2020 BEGAN IN BAY OF BENGAL
- The Navies of India, the US, Japan and Australia began the four-day-long phase first of the Malabar naval exercise in the Bay of Bengal.
- From the Indian side, destroyer Ranvijay, frigate Shivalik, off-shore patrol vessel Sukanya, fleet support ship Shakti and submarine Sindhuraj will be part of the drill.
- US Navy Ship USS John S McCain (Guided-missile destroyer), Australian Navy Ship HMAS Ballarat (long-range frigate) and Japan Maritime Self Defence Ship (JMSDF) Ship JS Onami (destroyer) are participating along with Indian Navy units.
- In the first phase of the exercise, navies would witness complex and advanced naval drills like anti-submarine and anti-air warfare operations, cross deck flying, seamanship evolutions and weapon firings.
- This is the first time that the member nations of the Quad or Quadrilateral Coalition are participating in the exercise together after 2007 (Quad member nations are India, the US, Japan and Australia).
- The Malabar exercise started in 1992 as a bilateral drill between the Indian Navy and the US Navy in the Indian Ocean. Japan became a permanent member of the exercise in 2015. Australia was recently added to the exercise in 2020.
PVG MENON APPOINTED AS CEO OF ESSCI
- The Electronics Sector Skill Council of India (ESSCI) announced the appointment of PVG Menon as its
- Menon will be responsible for overseeing the operations of ESSCI and work closely with its governing Council on strategic issues related to the growth of the electronic systems design and manufacturing (ESDM) industry in India.
- ESSCI works with industry, the National Skill Development Corporation, and the Ministry of Electronics and IT to provide both skilling and re-skilling services to the
- Electronics Sector Skill Council of India Headquarters: New Delhi.
INDIA'S FIRST SOLAR POWERED MINIATURE TRAIN LAUNCHED
- India’s first of its kind solar energy-driven miniature train was inaugurated at the Veli Tourist Village, Kerala by Chief Minister Pinarayi Vijayan.
- The train, which would be an attraction for children especially, was part of a string of projects totally worth Rs 60 crore taken up to elevate the facilities at the panoramic destination to international standards.
- It covers a distance of 2.5 km with three bogies that can accommodate around 45 people at a time. It features a fully- equipped rail system, including a tunnel, station and a ticket office.
- The miniature rail has all the features of a fully- equipped rail system, including a tunnel, station and a ticket office.
- The eco-friendly solar-powered 2.5 km miniature railway will enable visitors to enjoy the beauty of nature. The Rs ten crore project is the first of its kind in the country.
- Chief Minister of Kerala: Pinarayi Vijayan;
- Governor: Arif Mohammad Khan.
RBI IMPOSED MONETARY PENALTY ON DCB & JIO PAYMENT
- The Reserve Bank of India (RBI) imposed monetary penalty on DCB Bank and Jio Payments Bank for various rule violations.
- The central bank has imposed a penalty of Rs 22 lakh on DCB Bank for non-compliance with certain provisions on marketing/distribution of mutual fund/insurance etc.
- The penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47A (1) (c) read with Section 46(4)(i) of the Banking Regulation Act, 1949.
- In the case of Jio Payments Bank, the RBI imposed a penalty of Rs 1 crore for non-compliance with RBI directions on timely submission of application in the case reappointment of Managing Director and Chief Executive Officer under Section 35B of the Banking Regulation Act, 1949 (the Act).
- Governor of RBI: Shaktikanta Das.
- Deputy Governors of RBI: BP Kanungo, MK Jain, MD Patra and Rajeshwar
- Headquarters: Mumbai, Maharashtra.
DUARTE PACHECO ELECTED AS PRESIDENT OF IPU
- Portugal MP, Duarte Pacheco has won the elections for the post of the President of the Inter-Parliamentary Union (IPU). The term of the Duarte Pacheco will be from 2020-2023.
- He will be the 30th President of the IPU and will succeed Mexican MP Gabriela Cuevas Barron who completed the tenure in October 2020.
- Candidates from four countries were in the race for elections. The other three participants were Pakistan’s Muhammad Sanjrani, Uzbekistan’s Akmal Saidov and Canada’s
Pakistani origin Salma Ataullahjan.
- Inter-Parliamentary Union (IPU) is based in Geneva, Switzerland.
- Inter-Parliamentary Union (IPU): founded in 1889.
- It consists of representatives from the National Parliaments of 179 countries.
INDIAN ORIGIN WOMAN BECOMES A MINISTER IN NEW-ZEALAND
✓ Indian-origin New Zealand politician, Priyanca Radhakrishnan has created history by becoming the first Indian-Kiwi woman to become a minister in New Zealand.
- Radhakrishnan was born in Chennai, Tamil Nadu. The 41-year-old was one of five new ministers inducted into the Cabinet.
- She was appointed as Minister for the Community and Voluntary Sector, Minister for Diversity, Inclusion and Ethnic Communities, Minister for Youth and Associate
Minister for Social Development and Employment in Prime Minister Jacinda Ardern’s cabinet.
- Prime minister of New Zealand: Jacinda Ardern.
FILMMAKER-ACTOR ASHISH KAKKAD PASSED AWAY
- Noted actor, filmmaker and voiceover artist, Ashish Kakkad, has passed away. He was one of the most prominent artists from the
Gujarati film industry.
- As a filmmaker, Ashish was known for his Gujarati projects namely Better Half (2010) and Mission Mummy (2016).
- As an actor, he was seen in several Hindi films such as Kai Po Che!
in 2013, and psychological thriller ‘Beyond Blue: An Unnerving Tale of a Demented
Mind’ in 2015, including other Gujarati films.
LAWS AND PROVISIONS FOR PLATFORM WORKERS
- The Code on Social Security, 2020, for the first time in Indian law, attempted to define ‘platform work’ outside of the traditional employment category. Labour falls under the
Concurrent List of the Constitution.
- Recently, the Parliament passed three labour codes — on
industrial relations; occupational safety, health and working conditions; and social security — proposing to simplify the country’s archaic labour laws and give impetus to economic activity without compromising with the workers’ benefits.
- Platform Work (as defined by the Code) means a work arrangement outside of a traditional employer-employee relationship in which organizations or individuals use an online platform to access other organizations or individuals to solve specific problems or to provide specific services which may be notified by the Central Government, in exchange for payment.
Significance of Platform Work:
- Platform work promises workers flexibility and ownership over delivery of work.
- Important for delivery of essential services as seen during pandemic.
- Employment Intensive Sector.
- Potential Sector for growth due to fast pace of Urbanization.