Banking & SSC 20th November National Current Affairs
- Home Ministry cancels citizenship of Telangana MLA Ramesh Chennamaneni for concealing facts about his visits abroad
- Nuclear capable Prithvi-2 missile of 350-km range successfully testfired from a mobile launcher from the Interim Test Range (ITR) at Chandipur in Odisha at night
- President’s Colour Awarded to Indian Naval Academy (INA) at Ezhimala, Kerala
- Arunachal Pradesh: First Hindi newspaper ‘Aruna bhoomi’ launched
- Tripura government. to elevate the status of the Tripura Tribal Areas Autonomous District Council (TTAADC) into a ‘Territorial Council’ to provide extra autonomy and financial grants to it
- Uzbekistan’s Internal Affairs Minister Pulat Bobojonov visits India
- Union Cabinet approves a bill to grant ownership rights to residents of Delhi’s unauthorised colonies
CHIT FUNDS BILL
- The Chit Funds (amendment) Bill, 2019 was passed by the Lok Sabha on november 20th, 2019
- The bill raises the monetary limits for chit funds by three times
- The maximum chit amount raised from Rs 1 lakh to Rs 3 lakh for those managed by individuals or less than 4 partners, and from Rs 6 lakh to Rs 18 lakh for firms with four or more partners.
- The maximum commission for the person managing the fund raised to 7% from the current 5%.
- The bill removes the limit of Rs one hundred, and allows the state governments to specify the base amount over which the provisions of the Act would apply
Banking & SSC 20th November International Current Affairs
- Defence Ministers Rajnath Singh and NG Eng Hen co-chair the Singapore-India Defence Ministers’ speak in Singapore
- Indian Defence Minister visits Kranji War memorial in Singapore; pays tributes to martyrs of World War-II
- Sri Lanka: President gotabaya names brother Mahinda Rajapaksa as Prime Minister
- Microsoft’s India-born CEO Satya Nadella tops Fortune’s Businessperson of the Year 2019 list
- NASA scientists detect water vapour above the surface of Jupiter’s moon Europa for the first time
- Africa Industrialization day observed November 20; theme: ‘Positioning African Industry to Supply the AFCFTA (African Continental Free Trade Agreement) Market’
- World Children’s Day observed on November 20
Banking & SSC 20th November Economy & Business Current Affairs
- RBI supersedes Dewan Housing Finance corporation limited (DHFL) board, to initiate insolvency proceedings because of governance concerns and payment defaults
- India – Europe 29 business Forum organized by external affairs ministry and CII in New Delhi
- International Centre for automotive Technology (ICAT) organising NuGen Mobility Summit 2019 in Manesar on Nov 27-29
Banking & SSC 20th November Sports Current Affairs
- Virat Kohli named as the People for the Ethical Treatment of Animals (PETA) India’s Person of the Year 2019
- ACC emerging Cup: India lose to Pakistan by three runs in semifinal