12th November 2020 Current Affairs


Here is the day by day GK replace of twelfth November 2020 masking the next information headlines: ‘Aatmanirbhar’ Package 3.0, US Defence Secretary, Secha Samadhan, HDFC Bank, Vagir.

Daily GK updates are integrated with the vital information that made the present affairs headlines for banking or different aggressive exams. Daily GK Update is the entire bag of the vital information that held all day lengthy. One ought to have full information concerning the banking phrases, present affairs information, and many others. 

National News

1. Finance Minister publicizes ‘Aatmanirbhar’ Package 3.0

  • The Finance Minister of India, Smt Nirmala Sitaraman has introduced the ‘Aatmanirbhar’ Package 3.0.
  • Addressing a press convention to announce extra stimulus measures to spice up progress. According to Finance Minister Nirmala Sitaraman, PMI rose to 58.9 in October 2020 indicating sturdy restoration of the financial system from COVID-19 disaster.
  • The power consumption progress was greater in October 2020. This is one more stimulus bundle forward of Diwali. The Union Cabinet accepted a Rs 2 lakh crore production-linked incentive (PLI) bundle to spice up demand within the nation.

To learn the entire article: Click right here

International News

2. 2nd World Health Expo kicks off in Wuhan

  • The second World Health Expo was inaugurated on November 11, in Wuhan, the capital metropolis of Central China’s Hubei Province.
  • This 12 months’s Expo will concentrate on displaying essentially the most cutting-edge science and know-how within the international well being business, and assist Wuhan construct “city of global health industry”.
  • During the Expo, greater than 100 high-end boards together with a summit discussion board, academician discussion board and the roundtable dialogue on epidemic prevention and normalized management, and the Global University Leaders Forum, will likely be organized.

Important takeaways for all aggressive exams: 

  • China Capital: Beijing.
  • China Currency: Renminbi.
  • China President: Xi Jinping.

3. Kash Patel named Chief of Staff to appearing US Defence Secretary

  • Indian-American Kash Patel has been named because the Chief of Staff to the Acting US Defence Secretary Chris Miller.
  • The new appointment comes a day after Donald Trump fired Defence Secretary Mark Esper and designated Chris Miller, because the Acting Secretary.
  • Kash Patel, at the moment on the National Security Council employees. He replaces Jen Stewart, who resigned earlier within the day.
  • Kashyap Pramod Patel, popularly referred to as Kash Patel, had beforehand served as senior counsel for counter-terrorism on the House Permanent Select Committee.
  • In June 2019, Patel, 39, was appointed as senior director of Counter-terrorism Directorate of the National Security Council (NSC) within the White House.

State News

4. CM Naveen Patnaik launched a cellular app “Secha Samadhan”

  • Chief Minister Naveen Patnaik has launched ‘Secha Samadhan’, a bilingual cellular software, to deal with the irrigation issues confronted by farmers with out them having to go to the workplaces involved.
  • With the launching of the applying, farmers needn’t run to the workplaces of the Water Resources division and may ship their grievances by pictures or movies.
  • The farmers will likely be knowledgeable concerning the standing of their complaints by SMS. 
  • Besides, speedy steps will likely be taken to redress the grievances of the farmers. He additionally launched 4 different on-line providers to resolve the problem of water distribution for industries, industrial institutions and different establishments.

Important takeaways for all aggressive exams:

  • Chief Minister of Odisha: Naveen Patnaik.
  • Odisha Capital: Bhubaneswar.
  • Odisha Governor: Ganeshi Lal.
  • Airports in Orissa: Biju Patnaik International Airport, Jharsuguda Airport, Rourkela Airport, Jeypore Airport and Savitri Jindal Airport.

Banking News

5. HDFC Bank launches SmartHub Merchant Solutions 3.0 for SMEs

  • HDFC Bank has introduced the launch of “SmartHub Merchant Solutions 3.0” for Small and mid-size enterprises.
  • This resolution permits retailers and self-employed professionals to immediately open a present account and begin accepting funds in-store, on-line, and on-the-go.
  • The Bank plans to succeed in out to greater than 20 million small and medium retailers {and professional} providers like medical doctors, pharmacies, salons and laundry providers throughout the metro, semi-urban and rural India within the subsequent three years.
  • The service provider resolution was launched at a digital occasion held in Mumbai by Parag Rao, Country Head – Payments, Consumer Finance, Marketing and Digital Banking at HDFC Bank together with T R Ramachandran, Group Country Manager, India and South Asia, Visa.

Important takeaways for all aggressive exams:

  • CEO & MD of the HDFC Bank: Sashidhar Jagdishan.
  • The tagline of HDFC Bank: We Understand Your World.
  • HDFC Bank Headquarters: Mumbai, Maharashtra.

Defence News

6. Indian Navy launches fifth Scorpene Submarine “Vagir”

  • The Indian Navy has launched the fifth Scorpene submarine “Vagir” at Mazagon Dock of south Mumbai. The submarine is able to taking missions similar to anti-submarine warfare, anti-surface warfare, mine laying, intelligence gathering and space surveillance.
  • Vagir is part of six Kalvari class submarine that’s being inbuilt India.
  • These submarines have been designed by the French Navy and an power firm DCNS.
  • The six submarines have been constructed beneath Project-75 of Indian Navy.
  • Vagir has been named after Sand Fish. It is a deep-sea predator within the Indian Ocean.
  • The first Vagir was commissioned in 1973. The first Vagir submarine was from Russia.

Important takeaways for all aggressive exams: 

  • Chief of Naval Staff: Admiral Karambir Singh.

Business News

7. Paytm launches “Payout Links” for small companies

  • Paytm has launched “Payout Links” for companies, enabling them to immediately course of payouts to clients, staff and distributors, with out amassing their financial institution particulars.
  • It is geared toward serving to small companies in sectors like gaming, retail, export, manufacturing and e-commerce.
  • Payout Links will permit companies to ship ‘incentives’ or refunds to the shoppers’ financial institution accounts or pockets accounts.
  • It can be utilized for wage funds, vendor funds, commissions and incentive transfers to be executed immediately.
  • Paytm Payout Links will be simply created and shared with clients, distributors and staff in a single go.
  • The receiver wants to easily open the hyperlink and is mechanically supplied with a listing of saved accounts similar to Paytm Wallet, Paytm UPI and linked financial institution accounts, which will be chosen to obtain cash immediately.
  • This service helps companies cut back money transactions, keep higher information, keep away from errors and delays.
  • Paytm Payout Links is extraordinarily consumer pleasant, intuitive and is simple to combine with the current operations of an organization.

Important takeaways for all aggressive exams:

  • Paytm founder: Vijay Shekhar Sharma.
  • Paytm Headquarters: Noida, Uttar Pradesh.
  • Paytm based: 2010.


8. M. Venkaiah Naidu presents 2nd National Water Awards

  • The Vice President of India, M Venkaiah Naidu has offered the National Water Awards (NWAs) for 2019.
  • This is the second version of the award. Among the states class, Tamil Nadu bagged the Best State Award, adopted by Maharashtra and Rajasthan.
  • The award ceremony has been organised by the Ministry of Jal Shakti, Department of Water Resources, River Development and Ganga Rejuvenation are from 11 & 12 November 2020 by the digital platform.
  • The NWA awards are given to inspire the people/organizations to undertake the very best utilization practices within the discipline of water assets conservation and administration and create consciousness among the many individuals concerning the significance of water.

Important takeaways for all aggressive exams:

  • Minister of Jal Shakti: Gajendra Singh Shekhawat.

Sports News

9. China’s Chen Meng claims ITTF Women’s World Cup title

  • The world primary Chen Meng beat Chinese compatriot Sun Yingsha to win her maiden International Table Tennis Federation(ITTF) Women’s World Cup desk tennis title in held in Weihai, China.
  • The 2020 ITTF Women’s World Cup was the twenty fourth version of the ITTF-sanctioned occasion.

Important takeaways for all aggressive exams:

  • President of ITTF: Thomas Weikert; Headquarters of ITTF: Lausanne, Switzerland.
  • ITTF based: 1926.

Books and Authors

10. Maharashtra Governor releases a guide ‘Majhi Bhint’

  • Maharashtra Governor, Bhagat Singh Koshyari has launched the guide ‘Majhi Bhint’ (My Wall) authored by former Maharashtra Minister of Education Rajendra Darda at Raj Bhavan, Mumbai.
  • The guide is a compilation of chosen Facebook posts of Rajendra Darda pertaining to a spread of points written during the last 4 years.
  • Maharashtra’s Minister for Revenue Balasaheb Thorat, Minister of Public Works Ashok Chavan, Minister of Water Resources Jayant Patil, Chairman of Lokmat Media Group Vijay Darda, Rajendra Darda and invitees have been current on the event.

Important Days

11. World Pneumonia Day: 12 November

  • World Pneumonia Day is noticed globally on twelfth November yearly.
  • The day is well known to boost consciousness, promote prevention and therapy and produce motion to fight the illness. The day was first celebrated within the 12 months 2009.
  • The day was celebrated on November 12 in 2009 by the Global Coalition in opposition to Child Pneumonia. Since then the day has supplied an annual discussion board for the world in standing collectively in opposition to the illness.
  • The day is well known everywhere in the world by numerous occasions and actions associated to Pneumonia.

12. Public Service Broadcasting Day: 12 November

  • Public Service Broadcasting Day is well known on 12 November yearly.
  • The day is well known to commemorate the primary and solely go to of the Father of the Nation, Mahatma Gandhi, to the studio of All India Radio, Delhi in 1947.
  • On 12 November 1947, Mahatma Gandhi addressed the displaced individuals (a refugee from Pakistan), who had briefly settled at Kurukshetra in Haryana after partition.


13. Bahrain’s long-serving PM Khalifa bin Salman Al Khalifa passes away

  • Bahrain’s Prime Minister Khalifa bin Salman al-Khalifa has handed away. He was 84.
  • He was not solely the longest-serving PM of Bahrain, however he was the world’s longest-serving prime minister. He had held the publish since independence in 1971.
  • He performed a key function in Bahrain’s political and financial affairs for greater than three a long time after setting the stage for a referendum that put paid to the Shah of Iran’s claims to the tiny Gulf archipelago.

Important takeaways for all aggressive exams:

  • King of Bahrain: Hamad bin Isa Al Khalifa.
  • Capital of Bahrain: Manama; Currency of Bahrain: Bahraini Dinar.