Top Best Current Affairs 29 October 2020 (2)

Luis Arce has been chosen as the President-elect of Bolivia, after winning a landslide victory in the 2020 Bolivian general election. He captured 55.1% of the total votes. Arce will take the charge of the office on 8 November 2020. He would succeed Jeanine Anez, who is serving as the interim President of Bolivia.

The World Day for Audiovisual Heritage explores issues such as ways to preserve audiovisual material and documents. The United Nations Educational, Scientific and Cultural Organisation (UNESCO) works with organisations, governments and communities promote the World Day for Audiovisual Heritage on October 27 each year.

Every year, October 27 is celebrated as Infantry Day by the Indian Army in Jammu & Kashmir (known by the nickname, Chinar Corps). The Chinar Corps celebrated the 74th Infantry Day on October 27, 2020, to honour the supreme sacrifice of the gallant soldiers in fighting the Pakistani invaders, in Jammu and Kashmir, in 1947.

The Centre has set up a high-level committee headed by Prime Minister Narendra Modi to commemorate the 400th birth anniversary of Shri Guru Tegh Bahadur. Union Home Secretary Ajay Kumar Bhalla will be the member secretary of the 70-member high-level committee.

Ministry of Defence announced that Australia would join the Malabar 2020 naval exercise, consisting of India, Japan and the U.S., to be held in the coming month, more than three years after Australia first requested to join.

India and US recently held the two plus two dialogue. During the meet the country's decided to share space situational awareness information. This will catalyse efforts in creating safe and sustainable space environment A joint statement issued after the dialogue read that the NASA-ISRO Synthetic Aperture Radar called the NISAR is to be launched by 2022.

Private-sector lender CSB Bank, formerly Catholic Syrian Bank, today said that it has entered into a partnership with non-banking finance company, IIFL Finance (IIFL) for sourcing and managing retail gold loan assets. Acting as Business Correspondent (BC) of the bank, IIFL will source new business from markets where CSB Bank does not have adequate branch network. IIFL, with its vast branch network, would help CSB Bank penetrate the lower strata of customers and rural areas resulting in scaling up of the customer base.

Veteran Gujarati film star-turned-politician, Naresh Kanodia passed away. He was the younger brother of Gujarati singer Mahesh Kanodia who died on 25 October 2020 in Gandhinagar after a prolonged illness.