5 January 2020 Current Affairs

India-Nepal border dispute | Krishnapatnam Port | Quds Force Commander | SBI-NSE sale |

Posted on Jan 05, 2020 06:58 IST in Current Affairs.

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1) During January 2020 the National Assembly of Nepal unanimously asked the Nepal government to intensify the ongoing diplomatic efforts to resolve the Nepal-India border dispute in the Kalapani region. According to Nepalese claim, India has shown which three areas under Indian territory even though they lie in Nepal? - Limpiyadhura, Lipulek and Kalapani (Nepal had raised objections after India released its new political map in November last year following the reorganisation of Jammu and Kashmir. Nepal claimed that Limpiyadhura, Lipulek and Kalapani areas were shown under Indian territory even though they lie within the Nepalese territory. India has said the new map accurately depicts its sovereign territory and it has in no manner revised its boundary with Nepal)

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2) Adani Ports is acquiring 75% stake in which privately managed port on the east coast of India, as was disclosed on 3 January 2020? - Krishnapatnam Port (Adani Ports and Special Economic Zone Ltd (APSEZ) will be acquiring a controlling stake of 75% in Krishnapatnam Port Co. Ltd (KPCL) at an enterprise valuation of Rs.13,572 crore. APSEZ is India’s largest private sector port developer, operator and the logistics arm of Gautam Adani’s group. Krishnapatnam Port is situated in the Nellore district of Andhra Pradesh and is the second-largest private sector port in the east, after Mundra in the west)

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3) Who was appointed the new head of Iran’s Islamic Revolutionary Guard Corps' Quds Force, after its previous commander, Major General Qassem Soleimani, was killed in a US air strike on 3 January 2020? – Maj. General Esmail Qaani (Maj. General Esmail Qaani was appointed the new head of Iran’s elite Quds Force. He has served as Soleimani's second-in-command)

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4) According to the media reports of 4 January 2020, India’s largest commercial bank SBI is planning to divest its 1% stake in NSE. SBI presently holds how much stake in NSE? – 5.19% (State Bank of India (SBI) holds 5.19% stake in the National Stock Exchange (NSE), India’s largest stock-exchange entity. The sale is in-line with bank’s plans to exit non-core businesses and also to raise capital for expanding operations)

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5) The Ministry of External Affairs (MEA) is setting up a new division that will act as the nodal division within MEA for collaboration with foreign partners in 5G and AI. What is the name given to this new division? - New, Emerging and Strategic Technologies - NEST (New, Emerging and Strategic Technologies (NEST) is the name of the new division that was announced by MEA during January 2020. The primary objective of NEST is to act as the nodal division within MEA for collaboration with foreign partners in 5G and artificial intelligence (AI))

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