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| Daily Current Affairs 3rd November 2020 For All Government Examinations |
Daily Current Affairs 3rd November 2020 For All Government Examinations
Daily Current Affairs 3rd November 2020: EducationBro Provide Daily Base Current Affairs. This Most Important Daily Current Affairs Help You to Appear IBPS Banking SBI PO Clerical RRB SBI PO SSC CGL CHSL Railway and Other All Competitive Examinations.
Daily Current Affairs 3rd November 2020: Education Bro Provide Every Single Day Most Important Daily Current Affairs, Current Updates including different areas Current Affairs Updates like New Appointment, Awards, Deaths News, Banking News, Economic Update, National News, International News, State Level News, New launching Update, Summit & Conference Update, Defence News, Science & Technology Update, Sports News Updates
Daily Current Affairs 3rd November 2020: Important Daily Current Affairs Booster Help You to Appear Banking IBPS PO Clerk, SBI PO Assistant (Clerk), RRBs Scale-1 Multipurpose, SSC CHSL CGL Railways and Other Government Examinations.
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MALABAR-20 Naval Exercise Phase 1: 03 to 06 November 2020: Highlights with Details
The 24th edition of the MALABAR naval exercise is scheduled in two phases in November 2020. Phase 1 of the Exercise MALABAR 20 involving participation by Indian Navy (IN), United States Navy (USN), Japan Maritime Self Defence Force (JMSDF), and Royal Australian Navy (RAN) is set to commence off Visakhapatnam in Bay of Bengal from 03 to 06 November 2020.
MALABAR series of maritime exercises commenced in 1992 as a bilateral IN-USN exercise. JMSDF joined MALABAR in 2015. The 2020 edition will now witness participation of the RAN in this joint maritime exercise.
Phase-1 of MALABAR 20 will witness participation of Indian Navy units with United States Ship (USS) John S McCain (Guided-missile destroyer), Her Majesty’s Australian Ship (HMAS) Ballarat (long range frigates) with integral MH-60 helicopter, and Japan Maritime Self Defence Ship (JMSDF) Onami (Destroyer) with integral SH-60 helicopter.........Read More
CCI approves acquisition of General Insurance Business of Bharti AXA by ICICI Lombard
The Competition Commission of India (CCI) approves acquisition of General Insurance Business of Bharti AXA General Insurance Company Limited (Bharti AXA) by ICICI Lombard General Insurance Company Limited (ICICI Lombard) under Section 31(1) of the Competition Act, 2002.
About ICICI Lombard
ICICI Lombard is a general insurance company registered with the Insurance Regulatory and Development Authority of India (IRDAI) and is engaged in providing a comprehensive and well-diversified range of general insurance products, including motor, health, fire, personal accident, marine, engineering and liability insurance, through multiple distribution channels.
About Bharti AXA
Bharti AXA is a general insurance company registered with the IRDAI and is a joint venture held by Bharti General Ventures Private Limited (51%) and Societe Beaujon (49%). It is engaged in providing general insurance products, including motor, health, travel, crop and home insurance to its customers.
Pursuant to the proposed combination, the entire general insurance business of Bharti AXA would be transferred by way of a demerger to ICICI Lombard in consideration of issuance of shares by ICICI Lombard to Bharti AXA.
Central Government releases Rs 6,000 crore as second tranche to 16 states and 3 Union Territories
The Ministry of Finance, Government of India, under its “Special Window to States for meeting the GST Compensation Cess shortfall,” will be releasing an amount of Rs 6000 crore as second tranche to 16 States and 3 Union Territories today. This amount was raised at a weighted average yield of 4.42 per cent. This amount will be passed on to the States/UTs at the same interest rate, which is lower than the cost of borrowings for the States and UTs, thus benefitting them. Ministry of Finance has facilitated loans of Rs 12,000 crore till date under the Special Window to States/UTs.
21 States and 3 Union Territories till date, have opted for the Special Window under Option I. The loans raised by GoI are released on a back-to-back basis to States/UTs, in lieu of GST Compensation Cess releases.
The loans have been released to the following States and Union Territories - Andhra Pradesh, Assam, Bihar, Goa, Gujarat, Haryana, Himachal Pradesh, Karnataka, Madhya Pradesh, Maharashtra, Meghalaya, Odisha, Tamil Nadu, Tripura, Uttar Pradesh, Uttarakhand, UT of Delhi, UT of Jammu and Kashmir and UT of Puducherry.
Centre releases Rs. 2,200 crore as 1st installment to 15 states for improvement of air quality measures
The Centre has released Rs. 2,200 crore as the first installment to 15 states for the improvement of air quality measures in their million-plus cities.
The states which have been given the amount include Andhra Pradesh, Gujarat, Jharkhand, Karnataka, Madhya Pradesh, Maharashtra, Rajasthan, Tamil Nadu, Uttar Pradesh and West Bengal.
Government extends Emergency Credit Line Guarantee Scheme by one month
The Union Government has extended the Emergency Credit Line Guarantee Scheme (ECLGS) by one month till November 30th, 2020, or till such time that an amount of Rs. 3 lakh crore is sanctioned under the Scheme, whichever is earlier, in view of the opening up of various sectors in the economy and the expected increase in demand during the ongoing festive season.
This extension will provide a further opportunity to such borrowers who have not availed of the Scheme so far, to obtain credit under the Scheme.
The ECLGS was announced as part of the Aatma Nirbhar Bharat Package (ANBP) to provide fully guaranteed and collateral free additional credit to MSMEs, business enterprises, individual loans for business purposes and MUDRA borrowers, to the extent of 20 per cent of their credit outstanding as on 29.2.2020. Borrowers with credit outstanding up to Rs. 50 crore as on 29.2.2020, and with an annual turnover of up to Rs. 250 crore are eligible under the Scheme. Interest rates under the Scheme are capped at 9.25 per cent for Banks and FIs, and 14 per cent for NBFCs. Tenor of loans provided under the Scheme is four years, including a moratorium of one year on principle repayment.
As per data uploaded by Member Lending Institutions on the ECLGS portal, an amount of Rs. 2.03 lakh crore has been sanctioned under the Scheme to 60.67 lakh borrowers so far, while an amount of Rs. 1.48 lakh crore has been disbursed.
Chief of Defence Forces of Kenya interacts with Army Chief General Manoj Naravane
Chief of Defence Forces of Kenya General Robert Kibochi, who is on a five-day visit to India from today, interacted with Chief of the Army Staff General Manoj Naravane and discussed aspects of bilateral defence cooperation.
NFAI and FFSI Conducts Online Film Appreciation Course in Marathi
National Film Archive of India, Pune, Ministry of Information & Broadcasting is organising 15th edition of Film Appreciation Course in Marathi along with Federation of Film Society of India (FFSI). The course is to be held online for the first time from November 1 to November 7, owing to the current situation of COVID Pandemic. Renowned film and theatre artist Dr Mohan Agashe inaugurated the Online Film Appreciation Course in Marathi “Chitrapat Rasaswad Shibir” at NFAI.
This unique film course in Marathi focuses on the importance of knowledge of film language and grammar. It includes expert lectures on cinema in-depth, history, theories and discussion on cinema. The course features lectures by prolific film personalities like Samar Nakhate, Deepak Deodhar, Suhas Kirloskar, Abhijit Deshpande, Anupam Barve, Umesh Kulkarni, Shyamla Vanarse, Ganesh Matkari, Ujwal Nigudkar, Abhijit Randive, Rahul Ranade, Sudhir Nandgaonkar and Prakash Magdum.
The online course has received a good response with 80 participants from various parts of Maharashtra as well as from the US and Singapore, belonging to different fields such as students, professors and engineers.
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