Current Affairs 23 Nov 2020

United Nation Climate Change Conference

  • The United Nation climate change conference is the 26th conference scheduled from 1st November to 12th November, 2021 at Glasgow, Scotland. Earlier it was scheduled in November 2020 and postponed due to Covid-19 Pandemic.
  • UK government will be first sponsors for 2021 UNFCC (United Nation Climate Change Conference), prime minister Boris Johnson announced the first principal partners for the COP26.
  • SSE, Scottish power, Natwest group and National grid are the first principal partners who will support the delivery of triumphant COP in 2021. 

Neo Banking

  • Neo Banks works 100% digitally in nature, these banks operate all banking services online without any physical branch. All services like other banks i.e. money transfer, opening bank account etc. Neo bank partners with the traditional banks and work with them to help in acquiring customers.
  • SBM bank India and PayNearby collaborated and launched a ‘Neo banking platform’ to reach the customers. 
  • SBM bank India is a subsidiary of State bank of Mauritius, It is a first foreign bank to obtain licence from RBI to operate as a wholly owned subsidiary in January 2019.

Maia Sandu

  • Maia Sandu , 48 year old, is a Moldovan Politician has recently elected as the President of Moldova, she is former Prime Minister of Moldova from June 2019 to November 2019 and leader of the Party of Action and Solidarity.
  • Ms. Maia defeated Mr. Dodon and acquired 57.7% of the vote compared to Mr. Doron 42.2%.
  • She is a former World Bank economist who favours closer ties with the EU.

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