Current Affairs November 2016

Current Affairs NovemberCurrent Affairs November 2016

Current Affairs 1st November 2016

 

  • BrahMos missile range to be doubled

 

      • India and Russia have agreed to double the range of the BrahMos supersonic cruise missile from 290 km to over 600 km
      • The decision in this regard was taken during the meeting between Prime Minister Narendra Modi and Russian President Vladimir Putin in Goa on the sidelines of the BRICS summit
      • India and Russia had teamed up to develop the BrahMos missile in 1998.

 

  • India to get power from wind plants

 

      • India will get electricity generated by wind-propelled plants installed in Gujarat & TN in about 5 years as part of the country’s green energy development programmes
      • A FOWIND consortium has done a series of report on wind conditions for wind-generated electricity and its integration into a grid along the coastlines of Gujarat & TN. FOWIND is supported by the Indo-European Coop on Renewable Energy prog

 

  • IISC designs ‘salt’ to combat infections

 

      • A team from the Indian Institute of Science have designed a solid in the form of salt to fight bacterial infections
      • This first-of-its-kind study has focused on the efficacy of the dendrimers in blocking pores formed by a pore forming toxin produced by certain strains of E.coli and other bacteria
      • This, the researchers say, will prevent cell death and reduce the intensity of the infection

 

  • 300 million children live with polluted air

 

      • According to UNICEF some 300 million children live with outdoor air so polluted it can cause serious physical damage
      • More or less 1 child in 7 around the globe breathes outdoor air that is minimum six times dirtier than international recommendations
      • The study indicates that almost 90% of the world’s children live in places where outdoor air pollution exceeds WHO limit

 

  • Scientists develop new variety of arhar

 

      • Scientists at the Indian Agricultural Research Institute have developed a new arhar (pigeon-pea) variety that matures in 120 days and gives the same 20 quintal-per-hectare yields of normal 160-180 day plants
      • Arhar, or pigeon pea, is among the most widely consumed pulses in India.
      • Its prices shot up to as much as Rs 200 per kg last year due to lower production, leading to a surge in imports

 

  • Michel Aoun elected as Lebanon’s Prez

 

      • Michel Aoun has been elected as President of Lebanon.
      • He will replace Michel Sleiman.
      • After four rounds of voting, Aoun won the 83 lawmakers out of 127 members.
      • The post has been lying vacant since May 2014 because of divided political powers were repeatedly unable to reach consensus on a candidate for president

 

  • Scientists turn CO2 into fuel

 

      • Researchers from the Oak Ridge National Laboratory have discovered a catalyst that transformed carbon dioxide into high yields of ethanol
      • The researchers used tiny spikes of carbon and copper to turn CO2 into ethanol
      • The catalyst’s novelty lies in its nanoscale structure, consisting of copper nanoparticles embedded in carbon spikes which is cheap and economical

 

  • World’s Oldest Active Theater Actor Dies

 

      • The world’s oldest theatre actor, Vladimir Zeldin passed away on 31 October. He was 101.
      • Vladimir Mikhailovich Zeldin was born on 10 February 1915 in Kozlov.In 1935 he graduated from the theatre college at the Mossovet Theatre and became its actor.
      • For over 60 years he has been working in the Russian Army Theatre, Moscow.

 

  • World Savings Day observed

 

      • World Savings Day or World Thrift Day is observed every year on 31 Oct to promote the savings all over the World. It was established during the 1st International Savings Bank Congress in 1924
      • In India, World Savings Day was observed on October 30 because of the death of Prime Minister Indira Gandhi on the same day in 1984
      • 2016 Theme is ‘Grabbing Hold of Your Financial Future’

 

  • India’s first ‘Design Yatra’ launched

 

      • To spread awareness & designs to the masses, India’s first ‘Design Yatra’, launched by the Institute of Indian Interior Designers (IIID) in Kerala
      • This yatra Launched on Feb 20 this year, the yatra will travel to 29 cities across the country by Feb 2017, covering 15000 kms
      • It will visit places to give design inputs to make specific locations & public places in the city more user-friendly.

 

  • 50th Anniversary of Delhi HC

 

      • Delhi HC celebrated its 50th anniversary on Oct 31. PM Modi attended the function. The theme of the Golden Jubilee Celebrations has been fixed as “Justice for all”
      • He paid tribute to the contribution of all those who have been associated with the HC , over the last 5 decades.

 

  • India, Palestine sign MoU

 

      • India and Palestine signed a MoU for setting up of Palestine-India Technopark in Ramallah
      • India has announced grant of $12 million for setting up the Park. Palestinian side has made the land available for the project
      • The announcement of the Techno Park was made during President Pranab Mukherjee’s visit to Palestine in 2015

 

  • 7 states celebrate foundation day

 

      • On 1 November 7 states celebrated their foundation day. On this day, Chhattisgarh, Haryana, Karnataka, Kerala, MP, Punjab & Rajasthan were formed.
      • Chhattisgarh was formed in 2000, Haryana & Punjab in 1966, Karnataka, Kerala & Madhya Pradesh in 1956.

 

  • World Vegan Day celebrated

 

      • World Vegan Day is an annual event celebrated by vegans around the world on 1 November. It was established in 1994 by Louise Wallis
      • Vegans around the world come together to celebrate the benefits of veganism for human health, animals and the environment. They hold street stalls about veganism, host vegan potluck events and plant memorial trees

 

  • Fishing cat sighted in AP

 

      • A fishing cat was sighted in the moderately dense mangrove surrounding of the Gilakaladindi harbour near Machilipatnam, Andhra Pradesh
      • The fishing cat is a medium-sized wild cat of South and Southeast Asia. It is the state animal of West Bengal
      • The movement of the fishing cat was sighted moderately dense mangrove area which is home for Asian sea bass fish species seed

 

  • Govt notifies rules for Real Estate Act

 

      • The Union Ministry of Housing has notified the Real Estate Rules, 2016, to be applicable to the 5 UTs
      • As per provisions of the Act, Real Estate Regulatory Authorities and Real Estate Appellate Tribunals have to be set up by the end of April, 2017
      • The Real Estate Act that seeks to regulate the housing sector besides bringing transparency and ensuring timely completion of projects.

 

  • Sushil Chandra to chair CBDT

 

      • Senior Indian Revenue Service (IRS) officer Sushil Chandra took over as chairman of the Central Board of Direct Taxes (CBDT)
      • He will succeed Rani Singh Nair who retired from service.Chandra is a 1980-batch officer of Indian Revenue Service. Prior to this appointment he was working in the board as Member (Investigation)

 

  • 66% differential abled attend schools

 

      • According to recently released new 2011 census data, nearly 2/3 of the disabled population in the age-group of 5-19 in 2011 were attending educational institutions.
      • It was mentioned in the table C-22 of census which gives distribution of the disabled population in the age-group 5-19 by their attendance status in educational institution, type of disability, sex, age and residence.

 

  • Maharashtra tops in 2016 Agri reforms index

 

      • Maharashtra has been ranked 1st in the country in 2016 Agricultural Marketing and Farmer Friendly Reforms Index
      • The survey was conducted by the NITI Aayog. The new rankings come on the back of major central initiatives to integrate the Indian farmer with markets, like an electronic national agriculture market (eNAM) and a new crop insurance scheme.

 

  • Indo-Nepal military exercise starts

 

    • The 10th edition of Indo-Nepal joint military exercise Surya Kiran commenced at Army Battle School, Saljhandi, Nepal. Its emphasis will be on counter-terrorism in mountainous terrain.
    • It will be held from 31 Oct to 13 Nov.
    • The aim of exercise is to conduct battalion level joint training with emphasis on Counter Terrorism in mountainous terrain and disaster management.

Current Affairs 2nd November 2016

 

  • S. Korea Names New PM, Finance Minister

 

      • South Korea’s president Park Geun-hye has named a new prime minister and finance minister.
      • Kim Byong-joon, a former senior presidential secretary was named the new prime minister to replace Hwang Kyo-ahn.
      • Yim Jong-yong, the Financial Services Commission chairman was named the new finance minister & deputy prime minister.
      • Yim replaces incumbent minister Yoo Il-ho.

 

  • Yes Campaign Wins Constitutional Vote

 

      • Electoral officials in Ivory Coast say the yes campaign has won referendum on a new constitution.
      • The turnout – 42.42% is higher than an earlier 7% estimate by opposition parties that boycotted the polls.
      • The change scraps a requirement that both parents of presidential candidates must be native-born Ivorians.
      • The new construction removes the age limit of 75 to the post of president.

 

  • Thai Crown Prince to be King Next Month

 

      • Crown Prince Maha Vajiralongkorn is to be confirmed as the new king of Thailand on 1 December.
      • He is expected to endorse a new, military-drafted constitution and to start appointing his own team of senior royal officials.
      • His father, King Bhumibol Adulyadej, the world’s longest-reigning monarch, died on 13 October, aged 88.
      • The government has declared a year-long official mourning period

 

  • OIC Chief Iyad Madani Resigns

 

      • The Saudi secretary-general of the Organization of Islamic Cooperation (OIC) resigned.
      • Secretary-General Iyad Madani has resigned for health reasons.
      • His  resignation comes after infuriating Egypt over a remark that mocked President Abdel Fattah al-Sisi.
      • Saudi Arabia had nominated Yusuf al-Othaimeen as Madani’s replacement.
      • The 57-nation OIC is the largest body of Islamic nations.

 

  • Govt to Fund Films for Oscar

 

      • Under a new initiative, the Ministry of I& B has announced film promotion fund for India’s official entry to Academy Awards.
      • It is also for the movies which are officially selected in major international festivals.
      • The proposed fund value for films being selected to represent India at Oscars is Rs 50L to Rs 1 cr.
      • The max amount for the competition section of Cannes film festival is Rs 20L.

 

  • S Nihal to get Raja Ram Mohan Roy Award

 

      • Veteran journalist S Nihal Singh has been chosen for the ‘Raja Ram Mohan Roy Award’ for his outstanding contribution to journalism
      • ‘Raja Ram Mohan Roy Award is presented by the Press Council of India (PCI).
      • The award will be presented on Nov16 and carries a cash component of Rs 1 lakh.
      • Renjith John of Deepika Daily has been chosen for the award on Rural journalism & Developmental reporting.

 

  • Famous Indian Lion Ram Dies

 

      • One of India’s oldest and most popular lions in the wild has died from old age.
      • Ram & his brother Shyam were a famous pair of lions that ruled over Gir forest in recent years.
      • The forest staff named the lions Ram and Shyam which are popular Indian names & also the name of a hit Bollywood film.
      • Gir sanctuary is home to more than 500 lions & is the only habitat of Asiatic lions in the world.

 

  • SPB to Receive Centenary Award

 

      • Veteran singer SP Balasubrahmanyam will be honoured with Centenary Award for Indian Film Personality of the year at the 47th International Film Festival of India (IFFI) in Goa.
      • Minister of Information & Broadcasting, M Venkaiah Naidu made the announcement.
      • He has rendered more than 40,000 songs till now.
      • He holds a Guinness World Record for recording the maximum number of songs.

 

  • PM Modi Launches Jungle Safari

 

      • The PM, Shri Narendra Modi visited Naya Raipur in Chhattisgarh.
      • He dedicated Jungle Safari at Naya Raipur, Bus Rapid Transit System, Ekatma Path and unveiled the statue of Pandit Deendayal Upadhyaya.
      • He launched ‘Sour Sujla Yojna’ for the welfare of crores of farmers all over the country.
      • Solar energy will be utilized for irrigation purposes in the agricultural fields.

 

  • Govt Launches Yamuna RiverFront Project

 

      • The Delhi government launched the Rs 200-crore Yamuna riverfront project at the second annual ‘Yamuna Aarti’ event.
      • The Yamuna Riverfront Development initiative has plans to re-imagine the river banks at Sonia Vihar.
      • The project aims to beautify the riverfront.
      • The new plans not only aim to clean the river Yamuna, but also are a part of larger efforts to promote tourism in the region.

 

  • Kerala Become Open Defecation Free State

 

      • Kerala has become the third Open Defecation Free state in the country.
      • The announcement was made by the Drinking Water and Sanitation Secretary Parameswaran Iyer in New Delhi.
      • Mr. Iyer said, over 1 lakh villages across the country have become ODF.
      • Earlier, Himachal Pradesh and Sikkim had declared themselves Open Defecation Free.

 

  • NSFs to Get Grant only after Registering

 

      • The Sports Ministry has made it mandatory for all the National Sports Federation to register themselves with NGO-PS Portal to receive grants.
      • NITI Aayog has made it mandatory for all non-govt org to register with NGO- PS (Partnership System) Portal.
      • The requirement for registration is in the interest of transparency.
      • NSFs are not Government organisations & they receive grants from the GoI.

 

  • World Cup Top-Scorer Klose Retires

 

      • Germany’s prolific Miroslav Klose, the all-time World Cup top-scorer announced his retirement at the age of 38.
      • Klose hit a record 16th goal in World Cup finals during the semi-final thrashing of hosts Brazil two years ago.
      • Klose now plans to join Germany’s coaching staff after an invitation from head coach Joachim Loew.
      • His final appearance for Germany was in the 2014 World Cup

 

  • NHPC Commissions 50 mw Wind Project

 

      • NHPC has  announced that it has commissioned its 50 Megawatt (MW) wind power project (WPP) in Jaisalmer, Rajasthan.
      • The project consists of 25 Wind Turbine Generators each of 2 MW capacity.
      • It  has been successively linked with grid in the month of October, 2016.
      • NHPC Limited (National Hydroelectric Power Corporation) is an Indian Hydropower generation company.

 

  • Benami Property Act Comes into Force

 

      • The Benami Transactions (Prohibition) Amendment Act, 2016, designed to curb black money and passed by parliament in August, came into effect on 1-Nov.
      • An amendment of the 1988 Benami Transactions Act, the new law provides for up to seven years’ imprisonment and fine for those indulging in such transactions .
      • Earlier law provided for up to three years of imprisonment or fine or both.

 

  • RBI Opens 2nd Banking Ombudsman Office

 

      • The RBI has opened a second office of the Banking Ombudsman in New Delhi, taking into account the significant increase of the banking network.
      • The first office of the Banking Ombudsman at RBI,New Delhi, will have the jurisdiction over Delhi & J&K.
      • The second office will have jurisdiction over Haryana except few districts & Ghaziabad & Gautam Buddha Nagar districts of U.P.

 

  • Gangadharan Named Non-Executive Chairman

 

      • South Indian Bank named Salim Gangadharan as its new non-executive/ part-time Chairman for three years with effect from Nov 2, 2016.
      • Gangadharan is currently an Independent Director on the board of the private sector bank headquartered in Thrissur (Kerala)
      • Amitabha Guha would demit the office of non-executive/ part-time Chairman on November 1, 2016, on completion of his tenure.

 

  • Ramadorai Quit as Chairman of NSDC,NSDA

 

      • Former Tata Consultancy Services vice-chairman S Ramadorai has resigned as the chief of National Skill Development Corporation (NSDC) & National Skill Development Agency (NSDA).
      • He was appointed Chairman of NSDC in May 2013.
      • He is also the Chairman of Tata Institute of Social Sciences, AirAsia India & BSE.
      • The also served as the CEO of Tata Consultancy Services between 1996 and 2009.

 

  • Banks to Report Frauds of Rs1 cr & Above

 

      • The Central Vigilance Commission has now made it mandatory for the public sector banks to report any bank fraud of funds of over Rs one crore.
      • The CVC has hired four General Manager ranked officers from bank as advisors,.
      • They will recommend whether CBI probe can be ordered in cases of bank frauds.
      • According to the CBI data, in 2015, the agency had probed 171 cases of bank frauds.

 

  • Twitter India Head Rishi Jaitly Quits

 

    • Twitter India head Rishi Jaitly has quit the company after spending four years at the popular microblogging website.
    • He made the announcement on Twitter itself.
    • He has played a key role in expanding the company’s operations in India.
    • He has also been associated with Knight Foundation and College Summit and was co-founder and CEO of Michigan Corps.

Current Affairs 3rd November 2016

 

  • Saudi Arabia Awards Water Prize-1

 

      • Saudi Arabia has awarded 8 scientists International Prize for Water at a ceremony at UN headquarters in New York.
      • The bi-annual prize, established in 2002 named after Prince Sultan Bin Abdulaziz,
      • The ceremony was hosted by UN Friends of Water & presided over by Secretary-General Ban Ki-moon.
      • The prize committee chairman Prince Khalid Bin Sultan Bin Abdulaziz also present.

 

  • Saudi Arabia Awards Water Prize-2

 

      • Dr. Rita Colwell ,Dr. Shafiqul Islam & Peter J. Webster  took home the “Creativity Prize”.
      • The Surface Water Prize went to Dr. Gary Parker.
      • Dr. Tissa H. Illangasekare was awarded the “Ground Water Prize”.
      • The “Alternative Water Resources Prize” was given to Dr. Rong Wang & Dr. Anthony Fang.
      • Dr. Daniel P. Loucks won the “Water Management & Protection Prize”.

 

  • NASA Powerful Space Telescope Completed

 

      • NASA has successfully completed building its largest space telescope.
      • It will be 100 times more powerful than the Hubble probe & may find the first galaxies that formed in the early universe.
      • The James Webb Space Telescope will be the successor to NASA’s Hubble Space Telescope.
      • The Webb telescope’s infrared cameras are so sensitive that it needs to be shielded from the rays of the Sun.

 

  • Marwah is Canada’s First Sikh Senator

 

      • Former Scotiabank vice-chairman Sarabjit Singh Marwah has become the first Sikh to be appointed to the Canadian Senate.
      • Toronto based Marwah is among six people from Ontario who have appointed to the Senate by Prime Minister Justin Trudeau.
      • Marwah is one of the founders of the Sikh Foundation of Canada that promotes Sikh culture.
      • He was born in Kolkata in 1952.

 

  • China Unveils J-20 Stealth Jet Fighter

 

      • China has showcased its new J-20 stealth fighter in southern Guangdong Province’s city of Zhuhai in a spectacular flyover at Airshow China.
      • It is the country’s biggest meeting of aircraft makers and buyers.
      • The J-20 is a long-range radar-evading fighter jet equipped with air-to-air missiles.
      • It is expected to be deployed with the Chinese Air Force within the next two to three years.

 

  • Online Registration for PMAY

 

      • The govt has allowed online applications for affordable homes under the Pradhan Mantri Awas Yojana (Urban).
      • This is expected to ease the process & boost the number of applications.
      • The housing ministry has enabled online submission of applications from Nov 3.
      • A Memorandum of Understanding (MoU) in this regard was signed between housing and Electronics & Information Technology Ministry.

 

  • Bindeshwar Brand Ambassador of SRM

 

      • Railway  has appointed Sulabh International founder Bindeshwar Pathak as a brand ambassador for Swachh Rail Mission.
      • It aims to promote cleanliness at rail premises.
      • As a pilot project, Sulabh has started cleaning and maintenance of five important railway stations from September.
      • These railway stations are Gorakhpur, Old Delhi, Jaipur, Ahmedabad and Gwalior.

 

  • Dubai Film Festival to Honour Rekha

 

      • Indian actor Rekha will be honoured by the upcoming Dubai International Film Festival with a Lifetime Achievement Award.
      • The festival runs from Dec 7 to 14.
      • Rekha has acted in over 180 films in a career spanning over 40 years.
      • Apart from mainstream cinema, appeared in arthouse films, known in India as parallel cinema.
      • Several awards have gone to her including a Padma Shri & a Filmfare .

 

  • Pranab Mukherjee Arrives in Nepal

 

      • President Pranab Mukherjee arrived in Nepal on on a three-day state visit.
      • He was welcomed at Kathmandu’s airport by Nepal’s president, Bidhya Devi Bhandari.
      • He will meet with the president, prime minister and top officials.
      • He is the first presidential visit from India in 18 years to the Himalayan nation.
      • The last Indian President to visit Nepal was KR Narayanan on May 28, 1998.

 

  • PM Modi Inaugurate AMCDRR 2016

 

      • PM Modi has inaugurated the 3-day Asian Ministerial Conference for Disaster Risk Reduction, AMCDRR in New Delhi.
      • This is the first major intergovernmental event after the adoption of the Sendai Framework for Disaster Risk Reduction.
      • It was adopted at the third UN World Conference in Sendai,Japan in March, 2015.
      • The conference aimed at regional co-operation over disaster risk reduction.

 

  • PM Gives away RNG Journalism Awards

 

      • PM Modi gave away the Ramnath Goenka awards for excellence in journalism in New Delhi.
      • PM Modi gave away the Ramnath Goenka Excellence in Journalism Awards across 28 categories for exceptional work in print, broadcast and online journalism.
      • The awards were instituted by the Ramnath Goenka Foundation in 2005 to celebrate the legacy of the founder of The Indian Express Group.

 

  • Ministry Tell NSFs to Identify Prospects

 

      • The Sports Ministry has directed the National Sports Federations (NSFs) to identify potential medallists for the 2020 Olympics.
      • The move is to ensure that the core probable get support of dedicated world class support staff on a continuing basis.
      • The Ministry has further advised NSFs to prepare the programme of training and exposures of the medal prospects for the year 2017.

 

  • Pratul Wins Bahrain International Title

 

      • Young Indian shuttler Pratul Joshi clinched his maiden international title.
      • He  won against Aditya Joshi in the finals of the Bahrain International Challenge badminton tournament at Segaya in Bahrain.
      • He prevailed 21-17, 12-21, 21-15 over Aditya in the summit clash
      • In the semi-finals, Pratul, seeded third, had beaten compatriot Siddharth Thakur 21-16, 22-20.

 

  • NCR Bags Largest ATM Order from SBI

 

      • US-based ATM manufacturer NCR Corporation has bagged a Rs 334-crore order from SBI to install over 7,000 cash-vending machines.
      • State Bank has awarded NCR with the single largest order of ATMs in the country.
      • NCR is the largest player in the domestic ATM market with over 1 lakh cash-vending machines running.
      • Its new ATMs are equipped with the latest anti-fraud security solutions.

 

  • Chipmaker Broadcom to Buy Brocade

 

      • Chipmaker Broadcom Ltd said it would buy Brocade Communications Systems Inc for $5.5 billion.
      • The deal will allow Broadcom to corner a larger share of the data center products market.
      • Singapore-based Broadcom, formerly Avago Technologies, is known for its connectivity chips used in products ranging from mobiles to servers.
      • Brocade makes networking switches, software & storage products.

 

  • S&P Sticks with India’s Credit Ratings

 

      • International rating agency Standard & Poor’s has affirmed its ‘BBB-/A-3’ credit ratings for India.
      • S&P affirms ‘BBB-/A-3’ rating on India with stable outlook.
      • S&P had last in September 2014 upgraded India’s rating tostable from negative
      • The rating agency expects India’s economy to grow 7.9 percent in 2016 with current account deficit at 1.4 per cent of the gross domestic product.

 

  • LinkedIn Inks MoU with HRD Ministry

 

      • LinkedIn has signed an agreement with the human resource development ministry to create more job opportunities for Indian students.
      • As part of the MoU, LinkedIn’s ‘Placements’ product will be adopted by all Indian colleges affiliated with All India Council for Technical Education (AICTE).
      • It gives them direct access to thousands of openings in 35 top corporates in India.

 

  • Zensar Acquires UK-based Foolproof

 

      • Pune-based Zensar Technologies acquired Foolproof Limited and three of its subsidiaries for an undisclosed sum to build its digital portfolio.
      • Foolproof helps global brands design digital products and services.
      • It had revenues of £8.5 million for last 12 months and employs 100 consultants.
      • Foolproof will continue to be managed by founders Peter Ballard and Tom Wood.

 

  • ICICI Bank Rolls Out Overdraft Facility

 

      • ICICI Bank has launched a credit facility against home loans for salaried customers.
      • It will enable customers to seek loans upto Rs 1 crore for personal needs against property.
      • This offering provides customers with the dual advantage of a term loan and an overdraft facility.
      • The minimum and maximum loan over the Home Overdraft facility is Rs. 5 lakh and Rs. 1 crore, respectively.

 

  • SBI Cuts Home Loan Rate by 15 bps

 

    • SBI has slashed interest rate on home loans by 15 basis points to 9.15 per cent.
    • The revised rates for new borrowers will be for loans up to Rs 75 lakh.
    • For women borrowers, SBI has brought down the interest rate to 9.10% per annum from 9.25% while for others to 9.15% from 9.30%.
    • This means that on a home loan of Rs 50 lakh of 30 years, a home buyer can save Rs 542 per month on EMIs.

Current Affairs 4th November 2016

 

  • Indian Researcher Wins the Talent Award

 

      • Indian researcher Shamik Chowdhury was awarded the German Green Talent Award.
      • He is a PhD student in environmental engineering from the National University of Singapore
      • His name is among the list of 25 young researchers who have been honoured with the award.
      • They were awarded for their innovative green ideas by the German Federal Ministry of Education and Research.

 

  • Putin Grant Citizenship to Steven Seagal

 

      • Russia’s President Vladimir Putin issued a presidential decree that grants Russian citizenship to U.S action-movie star Steven Seagal.
      • Putin and Seagal are longtime friends.
      • Seagal is the latest in a string of foreign celebrities to be awarded Russian nationality by the Kremlin in recent years.
      • Others include French actor Gerard Depardieu and US boxer Roy Jones Jr.

 

  • Brexit Will Require a Vote in Parliament

 

      • A British court ruled that the government needs parliamentary approval to start the process of leaving the European Union.
      • The High Court ruled that the government needs parliament’s backing to trigger Article 50 of the EU’s Lisbon Treaty.
      • The government said it would appeal against the High Court ruling.
      • Britain’s Supreme Court is expected to consider the case early next month.

 

  • China Launches First Heavy-Lift Rocket

 

      • China has successfully launched its most powerful heavy-lift rocket which is expected to be used in future space programmes.
      • The Long March 5 rocket can carry up to 25 tons around the same weight as 16 cars into low earth orbit (LEO)
      • The rocket’s design will be used in future years to propel the core module of China’s permanent space station as well as lunar and Mars missions.

 

  • Paris Climate Pact Enters into Force

 

      • The global accord to combat climate change agreed in Paris last year officially entered into force.
      • The Paris Agreement’s entry into force comes a month after countries representing 55% of the world’s emissions committed to joining the deal.
      • The agreement aims to limiting the rise in average world temperatures to “well below” 2.0 degrees Celsius above preindustrial times.

 

  • Delhi Facing Worst Smog in 17 years

 

      • Delhi witnessed the worst spell of smog in 17 years, the Centre for Science and Environment (CSE) said.
      • Experts said the situation should be now treated as an emergency & effort should be made to protect children & the old.
      • All the monitoring stations of SAFAR had air quality in the severe category.
      • Peak level of respirable pollutants PM2.5 & PM10 also violated the safe limits.

 

  • Google Ties up with ASI

 

      • Google has tied up with Archaeological Survey of India (ASI) for 360 degree virtual tour of 280-odd monuments across the country.
      • ASI had given the permission to Google for creating the virtual tour, which would be available in the maps.
      • Some of the major monuments are Taj Mahal, Victoria Memorial and the ruins of Hampi.
      • One billion people across the globe were using Google maps.

 

  • IAF Lands C-17 at Arunachal Pradesh

 

      • The Indian Air Force landed its largest military transport aircraft C-17 Globemaster at Mechuka in Arunachal Pradesh at an elevation of 6,200 feet above sea level.
      • The landing of the aircraft gives further boost to the IAF’s transport capabilities.
      • The strip called the ‘Advanced Landing Ground’ (ALG) is maintained by the IAF.
      • It will be one of its key forward bases along the China border.

 

  • President Receives Honorary D Litt Degree

 

      • President Pranab Mukherjee received the honorary degree of Doctor of Letters (D Litt) from the Kathmandu University.
      • Nepalese Prime Minister Pushpa Kamal Dahal, also the ex-officio Chancellor of the University, conferred the title on the President at a special convocation ceremony
      • Mr Mukherjee is in Nepal on a three-day state visit to Nepal.

 

  • Railway Set 100% decarbonisation Target

 

      • The Indian Railways has set a target to achieve 100% de-carbonisation, with 90% electrification in next five years.
      • Railway Minister said with the investment of Rs 25,000 cr,electrification of nearly 25,000 km will generate employment for youth.
      • It will also promote local manufacturer and vendor to support the Make in India.
      • Electrification will reduce the fuel bill by Rs 10,000 cr annually

 

  • Chicago Cubs win 2016 World Series

 

      • The Chicago Cubs have won baseball’s World Series.
      • The Cubs defeated the Cleveland Indians 8-7 in 10 innings, winning the series four games to three.
      • It was the Cubs’ first World Series win since 1908.
      • For more than 100 years, the Cubs have been known as “lovable losers.”
      • The team has many fans all across the country, but it never seems to be able to win big games.

 

  • MobiKwik,IRCTC Tie up for E-cash Payment

 

      • Mobile payments network MobiKwik has partnered with Indian Railway Catering and Tourism Corporation (IRCTC) to launch e-cash payments for tatkal bookings.
      • The instantaneous e-cash payments will help tatkal online in managing the load of over a thousand ticket bookings per minute.
      • The service will also help users in ensuring that their bookings do not get rejected due to payment delays.

 

  • Yes Bank Launches Mobile Banking App

 

      • Private sector bank Yes Bank has launched a mobile banking app, YES MOBILE 2.0.
      • The app claims to be equipped with various industry-first features and supports banking transactions via Apple and Android-based smart watches as well.
      • It boasts of features like an customisable user interface, one touch comprehensive bill payment & speech-to-text capabilities among others.

 

  • Twitter MD for India & SE Asia Quits

 

      • Twitter’s Managing Director for Southeast Asia, India, Middle East and North Africa region Parminder Singh has quit the company.
      • Following this,the micro-blogging website has appointed Maya Hari as its new Managing Director for South East Asia and India.
      • Mr. Singh’s move comes after Twitter’s India head Rishi Jaitly has quit.
      • Twitter recently reduced nine per cent of its workforce globally.

 

  • Suzuki Motor to Invest $970 million

 

      • Japan’s Suzuki Motor Corp will invest about 100 billion yen ($970.97 million) in a second vehicle production line at its new plant in Gujarat.
      • The second line could debut in early 2019.
      • It will manufacture the same yearly volume as the first production line, which is slated to debut in 2017.
      • The addition of the production lines are expected to increase Suzuki’s manufacturing capacity.

 

  • India Imposes Anti-Dumping Duty

 

      • The Indian government has imposed anti-dumping duty on imports of steel wire rods from China.
      • It has been imposed to protect domestic manufacturers from cheap in-bound shipments.
      • Anti-dumping duty has been imposed for six months on import of wire rod of alloy or non-alloy steel from China.
      • The measure follows recommendation by the Directorate General of Anti-Dumping & Allied Duties (DGAD).

 

  • Tata Motors Signs MoU with PT Pindad

 

      • Tata Motors has signed an MoU with Indonesia’s PT Pindad.
      • The MoU aims for cooperation, to effectively explore market potential of Tata armoured vehicles in Indonesia.
      • The MoU includes a study to check the feasibility of locally assembling Tata armoured vehicles at PT Pindad facility.
      • PT Pindad is an Indonesian state-owned enterprise specialising in military and commercial products.

 

  • RBI Allows Banks to Issue Masala Bonds

 

      • The Reserve Bank of India (RBI) allowed banks to issue rupee-denominated bonds, or masala bonds, in the overseas market.
      • It aims to shore up their capital base as well as for financing infrastructure and affordable housing.
      • The rupee bond route will open an additional avenue to raise funds for banks.
      • It will help develop the market of rupee-denominated bonds abroad.

 

  • HDFC, ICICI Bank Cut Home Loan Rate

 

      • Biggest mortgage firm HDFC & private sector lender ICICI Bank cut home loan rate by 0.15 per cent.
      • Home loans from HDFC up to Rs 75 lakh for women borrowers will now attract an interest of 9.15 per cent and for others it will be 9.20 per cent.
      • ICICI Bank home loans up to Rs 75 lakh for women borrowers will attract an interest of 9.15 per cent from the earlier rate of 9.30 per cent.

 

  • GST Rate Structure Finalized

 

    • The Goods and Services Tax (GST) will be levied at multiple rates ranging from 0% to 28%.
    • Ultra luxuries, demerit and sin goods, will attract a cess for a period of five years on top of the 28% GST.
    • The lowest slab of 5 per cent will be for items of common consumption.
    • There would be two standard rates of 12 per cent and 18 per cent, which would fall on the bulk of the goods and services.

Current Affairs 5th November 2016

 

  • 5-Nov: World Tsunami Awareness Day

 

      • The 5th of Nov has been designated by the UN as the World Tsunami Awareness Day(WTAD).
      • This first celebration in 2016 is under the coordination of the UN Office for Disaster Reduction.
      • A tsunami is a series of waves caused by large earthquakes & the waves can become fast moving walls of water which can affect lives and property.
      • The first WTAD will focus on education and evacuation drills.

 

  • Latvia to Link with Belt Road Initiative

 

      • Latvia has become the first country in the Baltic Sea area to sign a MoU to link up with China’s Belt and Road Initiative.
      • The MoU was signed after Chinese Premier Li Keqiang’s meeting with his Latvian counterpart Maris Kucinskis.
      • The initiative comprises the Silk Road Economic Belt & the 21st Century Maritime Silk Road.
      • It aims to boost connectivity and trade across Asia, Africa & Europe.

 

  • The World’s Highest-Paid Women In Music

 

      • Taylor Swift has been named the highest-paid woman in music for 2016 in Forbes’ annual list.
      • The US business magazine estimated Swift earned $170m between 1 June 2015 and 1 June 2016
      • Trailing behind Swift on the list was Adele, who placed second with $US80.5 million.
      • Number three on the list was Madonna, off the back of the successful Rebel Heart tour which grossed $US 170 million.

 

  • Curiosity Rover Discovers Rare Egg Rock

 

      • A globular, golf-ball-sized object discovered by NASA’s Curiosity rover on Mars has been confirmed as a rare iron-nickel meteorite.
      • Iron-nickel meteorites are a common class of space rocks found on Earth.
      • But this one, called “Egg Rock,”is the first on Mars examined with a laser-firing spectrometer.
      • Egg Rock may have fallen to the surface of Mars many millions of years ago.

 

  • Xuanzang China Official Entry to Oscars

 

      • China has selected historical adventure film “Xuanzang” as its official entry for the 89th Academy Awards.
      • It also stars Bollywood actor Sonu Sood.
      • Directed by Huo Jianqi, it also stars Indian actors Neha Sharma and Ali Fazal.
      • Xuanzang is a historical movie that shows the seventeen year old journey of the Chinese Buddhist monk, Xuanzang to India during the Tang dynasty.

 

  • Former J&K Deputy CM Mangat Ram Dies

 

      • Former Jammu and Kashmir Deputy Chief Minister Mangat Ram Sharma has passed away.
      • The six-time legislator also served as the speaker of Jammu and Kashmir Legislative Assembly.
      • He served as Deputy Chief Minister in the Mufti Mohammad Sayeed led PDP-Congress coalition government.
      • He also held important positions in the Jammu and Kashmir Pradesh Congress Committee.

 

  • Govt Launches PMSMA for Pregnant Women

 

      • Govt has  launched a scheme to provide free health check-ups to pregnant women at government health centres & hospitals.
      • The Pradhan Mantri Surakshit Matritva Abhiyan (PMSMA) was announced by PM Modi during his monthly radio address Mann Ki Baat on June 9.
      • It invites the private sector to provide free ante-natal services (ANC) on the 9th of every month on a voluntary basis to pregnant women.

 

  • Titanium Project Begins Test Production

 

      • The first titanium project of India being established by Saraf Group in Ganjam district of Odisha started its test production.
      • This is first of its kind titanium plant and the only one in the country.
      • During the test run, one of its four furnaces became functional.
      • After inception this plant is expected to produce 36,000 tons of titanium slag and 20,000 tons of pig iron per year.

 

  • Maharashtra 1st to Launch Cyber Police Stations

 

      • Maharashtra is converting 42 state-of-the-art cyber crime labs into cyber police stations.
      • The move is part of BJP-led government’s strategy to take on cyber criminals.
      • Maharashtra is the first state in the country which will have a cyber police station in each district.
      • Any offence related to cyber crime will be registered in these police stations at the district level.

 

  • Tharoor Book on British Empire Released

 

      • Vice President Shri. M Hamid Ansari has released the book ‘An Era of Darkness: The British Empire in India’ authored by Dr Shashi Tharoor.
      • Shashi Tharoor is a Lok Sabha MP & former Congress minister.
      • He was previously Minister of State for External Affairs (2009–2010)
      • The book recalls in some detail the misdeeds of the British in looting India & making it suffer an agonising & violent death.

 

  • IITs to Hold Entrance Exams in Kathmandu

 

      • Students from Nepal will be able to write entrance examinations of the prestigious Indian Institute of Technology (IIT) from next year.
      • For this, our IITs will open their entrance examinations to Nepali students.
      • This was announced by President Mukherjee while Addressing a seminar titled Nepal & India: Exploring New Vistas.
      • Mukherjee is currently on a three-day visit to Nepal.

 

  • Switzerland Tourism Appoints Ranveer

 

      • Bollywood actor Ranveer Singh has been now named the first Indian ambassador for Switzerland Tourism.
      • He will now be in charge of promoting Switzerland Tourism’s campaign for 2017 – “Nature wants you back!”
      • Switzerland is a mountainous Central European country, home to numerous lakes & the high peaks of the Alps.
      • Switzerland has always been known for its serenity & its natural beauty.

 

  • Palpreet Included in NBA D-League Draft

 

      • Palpreet Singh was selected 11th in the fourth Round of the NBA D-League Draft held in New York.
      • He was winner of National Finals of ACG-NBA Jump, India’s first national basketball talent search program.
      • The NBA is devoted to identifying and developing talent.
      • Satnam Singh, who became the first Indian to be drafted into the NBA when he was selected 52nd overall in the 2015 NBA Draft.

 

  • US Cuts N Korea Off From Banking System

 

      • The United States has formally prohibited U.S. financial institutions from opening or maintaining accounts created on behalf of North Korean banks.
      • The U.S. Treasury Department said North Korea was using front companies to conduct illicit financial transactions & support the proliferation of weapons of mass destruction.
      • North Korea has  conducted its fifth nuclear test in September.

 

  • President Approves Payment of 2% DA

 

      • President Pranab Mukherjee has approved the 2% hike in Dearness Allowance (DA) to central government employees.
      • A move that could benefit 50.68 lakh employees and 54.24 lakh pensioners.
      • DA is provided to employees and pensioners to minimise the impact of price rise on their earnings.
      • The DA will result in an annual burden of Rs 5,622.10 crore.

 

  • Amazon Most Attractive Internet Brand

 

      • US-based online retailer Amazon has been ranked as the most attractive Internet brand in the country according to India’s Most Attractive Brands Study 2016.
      • The study was carried out by Trust Research Advisory (TRA).
      • Google emerged as the second-most attractive Internet brand in the country while its overall ranking was 102.
      • Flipkart grabbed the third position in the Internet category.

 

  • RIL Fined $1.55 bn in ONGC Gas Dispute

 

      • The government has slapped a $1.55-billion penalty on the Reliance Industries Ltd (RIL).
      • The fine was imposed for producing state-owned ONGC share of natural gas in the Krishna-Godavari basin.
      • RIL is already locked in arbitration with the govt on various other issues.
      • KG Basin is spread across 50,000 sq km in the Krishna & Godavari river basins near the coast of Andhra Pradesh.

 

  • Government Sells 1.63% in L&T

 

      • The government has sold nearly 1.5 crore shares of construction and engineering major Larsen & Toubro (L&T), or 1.6% for about Rs 2,100 crore.
      • The government stakes were held in Administrator of the Specified Undertaking of the Unit Trust of India (SUUTI).
      • Funds mobilised through this stake sale will help meet the government’s target to garner finances through divestments in various PSUs.

 

  • Shyamal Mukherjee Elected PWC Chairman

 

      • Shyamal Mukherjee has been elected as the chairman of PwC India, replacing two-time chairman Deepak Kapoor.
      • As per PwC Governance rules, a chairman is allowed to serve a maximum of two terms.
      • The new chairman will take over from Deepak Kapoor on January 1, 2017.
      • Mukherjee is a member of the India leadership team and part of PwC’s Global Strategy team.

 

  • CII Launches ‘Startup Mentorship Circle’

 

    • Confederation of Indian Industry (CII) has launched a unique platform called ‘Startup Mentorship Circle’.
    • Startup Mentorship Circle’ will provides a  strong eco-system for nurturing innovation.
    • It aims to help in connecting start-ups with the global marketplace.
    • CII provides the largest network for startups with its 8000 direct and 2 lakh indirect members.

Current Affairs 6th November 2016

 

  • Japan Launch Advanced Weather Satellite

 

      • Japan has launched a next-generation geostationary meteorological satellite “Himawari-9.
      • It aims to further improve weather services in the Asia-Pacific region.
      • It is Japan’s ninth geostationary weather observatory since the first satellite in the Himawari, or sunflower, series launched in 1977.
      • The Himawari 8 and 9 satellites were constructed by Mitsubishi Electric and Boeing,

 

  • Agro Biodiversity Congress Inaugurated

 

      • PM Modi inaugurates the 1st International Agro Biodiversity Congress 2016 in New Delhi.
      • The conference is being organised by the Indian Society of Plant Genetic Resources and Biodiversity International, a CGIAR Research Centre.
      • Agrobiodiversity is defined as the variety and variability of animals, plant & micro-organism that are used directly or indirectly for food and agriculture.

 

  • State of Emergency in Northern Mexico

 

      • Mexico’s Federal Govt has declared a state of emergency for three cities in the northern border state of Tamaulipas that have been hit by heavy flooding.
      • The southern part of Tamaulipas received rainfall equivalent to 20 percent of its entire annual average.
      • The Interior Department said, the declaration frees up disaster relief funds for the cities of Altamira, Ciudad Madero & Tampico.

 

  • Malaysia, China Sign Defense Deal

 

      • Malaysia has agreed to buy four Chinese naval vessels and pledged with China to handle South China Sea disputes bilaterally.
      • The vessels are known as littoral mission ships, small craft that operate close to shore.
      • Two will be built in China and two in Malaysia.
      • The move marks Malaysia’s first significant defense deal with China at a time of rising tension in the South China Sea.

 

  • Indian Lawyer Elected into UN Legal Body

 

      • A young Indian lawyer Aniruddha Rajput has won a seat in the UN General Assembly elections for membership its top body of legal experts.
      • He is among the 34 individuals elected by the General Assembly as members of the International Law Commission.
      • The newly elected members will serve a five-year-term office.
      • The UN organ tasked with the progressive development of international law.

 

  • President’s Colours to 30 AF Squadron

 

      • President would award Presidential Colours to 30 Squadron of Air Force & 501 Signals Unit.
      • President’s Colours is one of the greatest honours bestowed upon an Air Force Unit or Squadron in recognition of exceptional service.
      • The 30 Squadron of the IAF was formed on Nov1,1969 with the legendary MIG-21 FL aircraft at the Air Force Station.
      • 501 Signals Unit commenced operations in 1966.

 

  • India,S.L. Set up Joint Working Group

 

      • India & Sri Lanka have agreed to set up a Joint Working Group on Fisheries (JWG) & a hotline between their Coast Guards.
      • It aims to address the long-standing issue of fishermen from Tamil Nadu being arrested.
      • The decision, taken during talks between EAM Sushma Swaraj & Sri Lankan Foreign Minister Mangala Samaraweera.
      • It came after fishermen of both countries failed to reach an agreement

 

  • 1-day Ban on Assam Channel

 

      • NDTV is the not the only news channel that will be taken off air for a day on Nov 9.
      • The Centre has imposed a one-day blackout penalty on the news channel based out of Assam for allegedly violating programming guidelines.
      • As per the directive issued by the I&B ministry ‘Newstime Assam’ will be taken off air on Nov9.
      • The govt’s action has been criticised by the Editors Guild of India.

 

  • India-Bangla Military Exercise Begins

 

      • The seventh edition of India-Bangladesh joint military exercise SAMPRITI-2016 has commenced.
      • The joint military exercise will be held at Shaheed Salahuddin Cantonment in Tangail, Dhaka.
      • The joint exercise will simulate a scenario in a counter insurgency and counter terrorism environment.
      • The first edition of the exercise in this series was held at Jorhat in Assam in 2010.

 

  • BCCI cannot Implement Reforms

 

      • BCCI told Justice Lodha Committee that it would not be able to implement Supreme Court(SC) directed reforms in cricket administration .
      • The BCCI said because of the resistance from state cricket bodies.
      • It said that all its efforts, including stoppage of funds, have failed to make its associations fall in line.
      • SC had on Oct 21 ordered a financial squeeze on BCCI funds to associations.

 

  • Andy Murray Becomes World No 1

 

      • Andy Murray became the first British tennis player to be crowned world number.
      • Murray needed to reach the final of the Paris Masters to replace Novak Djokovic & did so when Milos Raonic pulled out before their semi-final.
      • He has  won Wimbledon and Olympic gold in 2016, reached 11 finals in 12 events & won a personal record 73 matches.
      • Novak Djokovic had topped the rankings for 122 weeks.

 

  • Air Force Club Iraq Lift Federation Cup

 

      • Air Force Club, Iraq has lifted the Asian Federation Cup by defeating Bengaluru Football Club 1-0 at Doha.
      • Bengaluru FC had become the first Indian club to qualify for the final.
      • They defeated defending champions Johor Darul Ta’zim in the semifinals.
      • No Indian team in the sport has ever won an Asian level title since the national side bagged the Asian Games Gold at Jakarta in 1962.

 

  • India Women’s Hockey Team Wins

 

      • Indian Women’s hockey team have lifted the Asian Champions Trophy 2016 in Singapore.
      • In a thrilling summit clash, India defeated China 2-1.
      • This is for the first time that Indian eves won the Asian Champions Trophy competition.
      • Top five women’s teams of Asia took part in this tournament.
      • This was also the qualifying round for the 2017 Asia Cup.

 

  • TCS Signs MOU to Partner with UNSW

 

      • Tata Consultancy Services (TCS) has signed a MoU to pursue technology research collaboration with the University of New South Wales (UNSW).
      • The agreement will enable to work together in areas of common interest such as machine learning, virtual reality & cloud computing.
      • It will opens the prospect of exchanges of scholars & internships for UNSW students at TCS’s global research facilities.

 

  • Govt Cancels FCRA Licenses of NGOs

 

      • Government has canceled the three licenses of over 11,000 NGOs under the Foreign Contribution Regulation Act (FCRA) for failing to apply for their renewal within the deadline.
      • The validity of FCRA registration of these NGOs had earlier been extended until October 31 by a home ministry order of March this year.
      • Now, they will not be able to receive contributions from foreign donors.

 

  • Venezuela, India Sign Oil Deals

 

      • India & Venezuela have signed an oil production deals worth about 1.45 billion US dollar to increase oil production.
      • The agreement was signed between ONGC,Venezuela’s Petroleos de Venezuela SA (PDVSA), and Venezuela’s consortium Delta Finance BV in Caracas.
      • The agreement comes amid a severe economic crisis in Venezuela.
      • It is seen as a way to boost oil production & pay off debts.

 

  • Andhra Tops WB’s Energy-Saving Rankings

 

      • Andhra Pradesh earned a top billing from the World Bank which declared the state as No 1 in India in energy efficiency.
      • This was followed by Rajasthan 41.89, Karnataka 39.34 & Maharashtra 39.29.
      • Andhra topped the list by achieving an energy saving of 1,500 million units.
      • The ranking figures in a study report of the WB titled:India’s State Level Energy Efficiency Implementation Readiness.

 

  • India, Sweden to Enhance Cooperation

 

      • India & Sweden have agreed to enhance collaboration in energy sector with special focus on areas such as waste-to-energy, hydropower, smart metering & solar energy.
      • Power Minister Piyush Goyal with senior govt officials went official visit to Sweden.
      • Piyush Goyal & Ibrahim Baylan, Swedish Minister for Policy Coordination and Energy have agreed to enhance collaboration in energy sector.

 

  • First S4A Debt Recast Gets Approval

 

      • Construction major HCC’s Rs 5,000 cr debt recast has become the first case to get approval of a high-level panel set up under RBI’s new Scheme for Sustainable Structuring of Stressed Assets (S4A).
      • The scheme was passed by an ICICI Bank-led joint lender forum in Sept.
      • It has been now approved by the RBI- mandated Overseeing Committee.
      • Under S4A scheme help resolve the corporate debt problem

 

  • NCAER Pegs GDP Growth for FY16 at 7.6%

 

    • National Council of Applied Economic Research has forecast 7.6% GDP growth rate in financial year 2016-17.
    • The think tank in it’s mid-year review said agricultural sector & the associated increase in rural demand will give an upward push to country’s economic growth.
    • It said, 10 to 11% increase is expected in the output of Kharif foodgrains over last year’s output of 124 million tonnes.

Current Affairs 7th November 2016

 

  • Turkey’s Pro-Kurdish Party Pulls Out

 

      • In Turkey, a main pro-Kurdish party has announced that it is withdrawing from Parliament.
      • Turkey drew condemnation following the arrests of HDP co-leaders Selahattin Demirtas and Figen Yuksekdag
      • The decision was taken after the unprecedented arrests of nine of its lawmakers, including the party’s two co-leaders.
      • The party said its MPs would not resign  but not take part in sittings.

 

  • China Adopts Cyber Security Law

 

      • China adopted a controversial cybersecurity law to counter growing threats such as hacking and terrorism.
      • It includes contentious requirements for security reviews and for data to be stored on servers located in China.
      • The legislation passed set to come into effect in June 2017.
      • Overseas critics of the law argue it threatens to shut foreign technology companies out of various sectors.

 

  • Water Detected on Asteroid Psyche

 

      • Scientists have detected the presence of water on Psyche, the largest metallic asteroid in our solar system.
      • Previous observations of Psyche had shown no evidence of water-rich minerals on its surface.
      • However, new observations from the NASA Infrared Telescope Facility in Hawaii show evidence of water or hydroxyl on its surface.
      • The study was published in the Astronomical Journal.

 

  • Beijing Ruling Bars Hong Kong Lawmakers

 

      • Beijing has intervened in Hong Kong politics to block two elected lawmakers from taking office.
      • Sixtus Leung and Yau Wai-ching have refused to pledge allegiance to Beijing when being sworn in.
      • Beijing has now interpreted a section of Hong Kong law to mean any official who does not swear the oath properly cannot take office.
      • The move comes after weeks of chaos in the Hong Kong legislature.

 

  • China Develops Unmanned Sea Vessel

 

      • China has developed a high-speed, intelligent unmanned sea vessel which can be used for a host of applications including submarine detection.
      • The 10.25-meter-long “SeaFly-01” vessel completed a test at Nanhu Lake in Wuhan.
      • The vessel has a maximum speed of 45 knots.
      • It was built with carbon fibre material and is equipped with BeiDou communication navigation technology.

 

  • Assam Govt Inks MoU with Aviation Min

 

      • CM Sonowal & Civil Aviation Minister Ashok Gajapati Raju inked a MoU with the Union Ministry of Civil Aviation & Airport Authority of India under Regional Connectivity Scheme (RCS).
      • According to MoU, the Assam govt shall reduce VAT to 1% or less on Aviation turbine fuel (ATF) at RCS Airports.
      • The Assam Government will provide free land for the development of heliports in Diphu & Haflong.

 

  • Army Launches ‘School Chalo’

 

      • Army is focussing on another operation -‘School Chalo’.
      • Under which it identifies areas and provides students with free coaching and make them participate in extra-curricular activities.
      • With educational institutions remain closed for about five months & over 30 schools being burnt down.
      • Earlier army had launched Operation ‘Calm Down’ in to clear different parts of the Valley of militants.

 

  • Sri Lankan President Arrives in India

 

      • Sri Lankan President Maithripala Sirisena arrived in New Delhi on a two-day visit.
      • He met President Pranab Mukherjee and talked on various issues.
      • Sirisena will also take part in the Seventh Session of the Conference of Parties to WHO Framework Convention on Tobacco Control .
      • Earlier ,India and Sri Lanka agreed to work towards ending bottom trawling by Indian fishermen

 

  • Former MoS Jaywantiben Mehta Dies

 

      • Former Union Minister and BJP leader Jaywantiben Mehta passed away.
      • Mehta was Minister of State in the Atal Bihari Vajpayee cabinet in 1999.
      • She was the former minister of state for power.
      • She rose in the BJP ranks to become a corporator, an MLA and later a Lok Sabha member, succeeding Murli Deora from the South Mumbai constituency.

 

  • 128th Anniversary of Sir CV Raman

 

      • The 128th anniversary of Nobel laureate Bharat Ratna Sir CV Raman is being celebrated.
      • Sir CV Raman was born on Nov7 in the year 1888 at Thiruvanaikaval in Tiruchirapalli, Tamil Nadu.
      • Sir CV Raman discovered Raman effect – scattering of light which makes the sea & clear sky look blue.
      • India celebrates National Science Day every year on February 28 to mark the discovery of Raman Effect.

 

  • Murray Wins Paris Masters Title

 

      • Britain’s Andy Murray defeated American John Isner 6-3 6-7 (4-7) 6-4 to win his first Paris Masters title.
      • It was his career’s best eighth title this season, his 14th in Masters overall, and ended Isner’s bid for a first Masters title.
      • He will be officially confirmed as Britain’s first singles number-one since computerised rankings were introduced in 1973.

 

  • Sourabh Verma Finishes Runners-up

 

      • Indian shuttler Sourabh Verma finished second at Bitburger Grand Prix Gold badminton tournament at Saarbrucken in Germany.
      • Sourabh went down 19-21 20-22 fighting to World No.16 Shi Yuqi of China.
      • World No. 57, Sourabh clinched the Chinese Taipei Open last month.
      • It was his third runners-up finish this season after finishing second best at international challengers at Belgium and Poland.

 

  • Pacquiao Reclaims WBO Welterweight Title

 

      • Filipino southpaw Manny Pacquiao reclaimed the World Boxing Organization welterweight title for the third time in Las Vegas, USA.
      • He was given an unanimous decision victory over former champion Jesse Vargas in his comeback fight.
      • Pacquiao won the WBO title for the first time in 2010 when he beat Miguel Cotto.

 

  • DRDO Signs MoU With IIT Delhi

 

      • Defence Research & Development Organisation (DRDO) signed a MoU with Indian Institute of Technology (IIT), Delhi to establish a Joint Advanced Technology Centre(JATC).
      • JATC will be located in the campus of IIT Delhi at the upcoming Science & Technology Park.
      • The JATC will enable Directed, Basic & Applied Research and will engage with premier research institutes.

 

  • KPMG India CEO Richard Rekhy to Retire

 

      • Leading professional services firm KPMG India said its CEO Richard Rekhy plans to retire and will continue to serve in the position till a successor is found.
      • Rekhy has been serving as CEO since 2012.
      • During his tenure the company has attracted over 70 partners from other industries and across the professional services sector.
      • KPMG in India has around 1,100 staff.

 

  • Abbott to Set up Innovation Hub in India

 

      • Global drug maker Abbott is setting up an innovation and development center (I&D) in Mumbai.
      • It aims to develop new drug formulations,dosing & other differentiated offerings.
      • The centre will act as a “hub” and ship products to at least 30 countries that will further develop the products to suit local needs.
      • Abbott has its existing innovation and development centres in Chile & Columbia.

 

  • China Launches 10 billion Euro Fund

 

      • China has set up a 10 billion euro investment fund to finance projects in Central & Eastern Europe.
      • The China-Central Eastern Europe fund will be run by Sino-CEE Financial Holdings Ltd .
      • The company was formally launched by Premier Li Keqiang during his visit to Riga, Latvia.
      • It would focus on developing infrastructure, high-tech manufacturing and mass consumption industries in the region.

 

  • India Rises on Business Optimism Index

 

      • India has improved its ranking by one spot in a global index of business optimism.
      • According to the latest Grant Thornton International Business Report, India was ranked second on the optimism index during the third quarter (July-September 2016).
      • Indonesia took the top spot, with the Philippines coming in third.
      • India was ranked third during the April-June period.

 

  • Exim Bank Lowers Lending Rate

 

      • In a bid to promote project exports, Export-Import Bank of India (Exim Bank) has lowered its credit cost by 0.25%.
      • The lowering of rate will help promote project exports .
      • The revised interest rate is effective from October 1.
      • Exim Bank has till date sanctioned $2.84 billion for 22 projects valued at $3.06 billion for executing projects in countries.

 

  • Rs 50 crore OIL Start-Up Fund

 

    • Oil India Limited (OIL) has set up an OIL Start-Up fund of Rs 50 crore to encourage new ideas related to the oil & gas sector.
    • The oil exploration major’s chairman-cum-managing director Utpal Bora said that the initiative was in line with the Centre’s ‘Start-up India’ initiative.
    • The initiative was to create an ecosystem that was conducive for growth of start-ups in the oil & gas sector.

Current Affairs 8th November 2016

 

  • New type of atomic bond discovered

 

      • Scientists have for the first time observed a weak atomic bond – in which an electron can grab and trap an atom – that was theorised 14 years ago.
      • Newly discovered Rydberg molecules are formed when an electron is kicked far from an atom’s nucleus.
      • The researchers found and saw the molecule by cooling Rubidium gas to 100 nano-Kelvin, about one ten-millionth of a degree above absolute zero.

 

  • Japan Ratifies Paris Agreement

 

      • Japan today ratified the 2015 Paris Climate Change Agreement to cut emissions and prevent climate change, 4 days after the global pact officially entered into force.
      • The agreement seeks to wean the world economy off fossil fuels in the second half of the century.
      • The agreement also aims to limit the rise in average world temperatures to “well below” 2.0 degrees Celsius.

 

  • COP7 meet kicks off amidst protests

 

      • The seventh session of the Conference of the Parties (COP7) began amidst controversy in New Delhi on Monday.
      • Nearly 500 farmers from tobacco growing countries were detained by the police for protesting outside the conference venue, which is hosting over 1,500 delegates from 180 countries in the world.
      • India will be pushing for stricter control on smokeless tobacco.

 

  • America goes to polls today

 

      • The 2016 elections for US President are set to go off on Tuesday.
      • Thirty-seven million Americans have already voted, and between 70 and 80 million are expected to vote on Tuesday.
      • The final results are expected by 11 pm Eastern Time in U.S, which will be IST 9.30 am on Wednesday.
      • Hillary Clinton and Donald Trump are the two major contestants this year.

 

  • Rishabh hits fastest 100 in first class

 

      • Delhi’s young wicketkeeper-batsman Rishabh Pant hit fastest ever 100 in Indian first class cricket.
      • Pant eclipsed a 28-year old record set by former Tamil Nadu opener VB Chandrasekhar, who reached the three-figure mark in 56 balls against Rest of India.
      • He was not picked for India A’s tour of Australia this season and said that it acted as a trigger to score tons of runs this season.

 

  • South Asian satellite to launch in 2017

 

      • India’s ambitious South Asian satellite, proposed by PM Narendra Modi for the benefit of SAARC members, will be launched in March 2017.
      • The satellite was originally scheduled for launch by ISRO in December 2016.
      • Modi, during the SAARC summit in 2014, had announced launching of a SAARC satellite as a gift for members of the regional grouping in various fields like telecommunication.

 

  • I&B puts ban on NDTV on hold

 

      • The Ministry of Information and Broadcasting Monday put on hold its decision to take NDTV India off air for a day on November 9.
      • NDTV moved Supreme Court, challenging the Ministry’s decision to ban NDTV India for a day for  revealing “strategically sensitive information”.
      • The ban was imposed for its coverage of anti-terror operations at the Pathankot airbase earlier this year.

 

  • Pakistan summons India’s Officials

 

      • Pakistan has again summoned the Indian Deputy High Commissioner and lodged a strong protest over alleged “unprovoked” firing by Indian forces along the LoC.
      • Deputy High Commissioner has also been summoned to the Foreign Office over ceasefire violations on October 25, 26, 28 and November 1.
      • Gautam Bambawle is the present high commissioner of India to Pakistan.

 

  • Ortega wins third term in Nicaragua

 

      • Nicaragua’s leftist President Daniel Ortega has won a third straight term, with his  wife Rosario Murillo as vice president.
      • With 99.8% of ballots counted, the 70-year-old former Marxist rebel had 72.5% of the vote.
      • Ortega, who has ruled Nicaragua for 20 of the past 37 years, has been accused of using the courts to limit the power of the opposition.

 

  • Police close FCRA case against IRF

 

      • Police has closed the case against the Islamic Research Foundation with no complaints of cheating or duping of funds so far.
      • A probe was ordered by the Maharashtra Government after reports appeared of two terrorists in the July Dhaka bombings being inspired by Naik.
      • Home Department has launched the process of cancelling its registration under the FCRA act by issuing a notice to the NGO.

 

  • BCCI moves SC for funds for Test cricket

 

      • BCCI has moved the SC seeking disbursal of funds for conducting the first Test between India and England which is scheduled to start from Wednesday.
      • The apex court bench said that it will consult the Chief Justice of India on the matter.
      • The board has been barred by the Supreme Court interim order to enter into any fresh contracts without the consent of the Lodha committee.

 

  • India slams UNSC on Masood Azhar

 

      • India has strongly criticized the United Nations Security Council(UNSC) for taking months to consider sanctioning leaders of groups it has itself designated as terror entities.
      • This is in reference to the “technical hold” on India’s bid to get JeM chief Masood Azhar banned by the UN.
      • The criticism was led by India’s Permanent Representative to the UN ambassador Syed Akbaruddin.

 

  • DU professor Nandini Sundar booked

 

      • DU professor and rights activist Nandini Sundar and 10 others have been booked for the murder of a tribal in Sukma, Chhattisgarh.
      • Armed Maoists had earlier killed Shamnath Baghel with sharp weapons late Friday at his home in Nama village.
      • It was on Sundar’s petition that the SC in 2011 ordered the disbanding of Salwa Judum, a state-backed militia formed to take on the Maoists in the state.

 

  • Kerala Govt. Ditches Predecessor’s Take

 

      • Kerala govt. has told SC that women of all ages should be allowed into the famous Sabarimala shrine of Kerala.
      • For centuries, women between 10 and 50 years have not been allowed in Sabarimala, a hilltop shrine that is among the most prominent of Kerala temples.
      • The current LDF govt. has reversed the stand of the previous Congress-led government.

 

  • Won’t impose Yoga on anyone, Says SC

 

      • The SC has said that it would not impose yoga on anyone.
      • Top court has refused to entertain a PIL seeking to make the ancient practice mandatory in the school curriculum.
      • The decision was taken by a bench of Chief Justice T S Thakur, Justice D Y Chandrachud and Justice L N Rao.
      • The petition was filed by advocate Ashwini Upadhyaya.

 

  • MCA rejects ‘One State One Vote’ reform

 

      • Mumbai Cricket Association in a Special General meeting has rejected the suggested reform of ‘One state one vote’ by Lodha panel report.
      • As a result of the suggested, MCA will lose their voting rights to Maharashtra as the state will have their voting rights.
      • MCA President Pawar, already 75, and Vice-President Ashish Shelar, an MLA, would become ineligible, once the SC order is implemented.

 

  • Two US astronauts cast vote from space

 

      • As US gets ready for a nail-biting election on Tuesday, two astronauts Shane Kimbrough and Kate Rubins, have already cast their votes from space.
      • ‘Space voting’ was first used the same year it was implemented in 1997.
      • For astronauts, the voting process starts a year before launch when they are able to select which elections (local/state/federal) they want to participate in while in space.

 

  • OVL to Provide $318 Million to Venezuela

 

      • ONGC Videsh Ltd will provide $318 million financing to help raise output at a Venezuelan oilfield.
      • Venezuela has signed a pact to supply 17,000 barrels per day of crude oil to India to clear past dues.
      • Venezuela is India’s fourth largest source of crude oil, supplying some 23.6 million tonnes or 12% of the country’s annual import in 2015-16.

 

  • India’s gold demand falls to 7 year low

 

      • India’s gold demand could fall to 24% in 2016 to the lowest level in 7 years due to higher prices and increased smuggling.
      • India’s gold demand in the first 3 quarters of 2016 fell 29 percent from a year ago to 441.2 tonnes.
      • The quarter ending in December typically accounts for about a third of India’s gold sales.
      • It includes the start of the wedding season and festivals like Diwali,.

 

  • Gandhi’s grandson Kanubhai dies at 87

 

    • Mahatma Gandhi’s grandson Kanubhai Gandhi passed away on Monday following a heart attack.
    • Kanubhai was the son of Mahatma’s third son Ramdas Gandhi and was living along with his wife Shivalaxmi.
    • A graduate of Massachusetts Institute of Technology (MIT), Kanubhai also worked with the US Defense Department on the wing structure of fighter aircraft.

Current Affairs 9th November 2016

 

  • Trump Beats Clinton to Take White House

 

      • Donald Trump will become the 45th US president after a stunning victory over Democrat Hillary Clinton.
      • Trump’s win raises a host of questions for the United States at home and abroad.
      • He campaigned on a pledge to take the country on a more isolationist, protectionist “America First” path.
      • Global markets plummeted, with the Dow set to open 800 points down.

 

  • New Self-Driving Scooters Developed

 

      • Scientists have developed a self-driving scooter, using the same technology that powers autonomous cars.
      • It could help mobility-impaired people move around even in indoor spaces.
      • The new trial establishes that researchers’ control algorithms work indoors as well as out.
      • The system designed by researchers from Massachusetts Institute of Tech & the Singapore-MIT Alliance for Research & Tech.

 

  • Hadi Named Journalist of the Year

 

      • Hadi Abdullah, Syrian freelance journalist was awarded with ‘Reporters without Borders (RSF)-TV5 Monde prize.
      • He was awarded for covering his country’s war.
      • Chinese news website 64Tianwang and citizen journalists Lu Yuyhu and Li Tingyu are also being honored.
      • The award was presented in Strasbourg on behalf of the World Forum for Democracy, a meeting organized by the Council Of Europe.

 

  • Italy ‘Father-only’ Surname Law Rejected

 

      • Italy’s constitutional court has ruled against legislation that automatically gives children of married couples the father’s surname.
      • Lawyers argued that preventing families from giving children their mother’s surname discriminatory.
      • The law was incompatible with the principle of gender equality
      • Legislation allowing children to be given their mothers’ surnames was first proposed 40 yrs ago

 

  • Defence Min Clears Blacklisting Policy

 

      • The defence ministry has cleared its new blacklisting policy for suspending or banning arms contractors for wrongdoings.
      • The policy has been cleared at a time when firms such as Finmeccanica, Embraer are embroiled in controversial deals.
      • The policy debars firms from conducting business with the government for a period ranging from one to 10 years to remove corruption in the defence sector.

 

  • Yashwant Sinha-led Team Submits Report

 

      • A five-member Delhi group, headed Yashwant Sinha submitted its report to Union Home Ministry on their recent visit to troubled Jammu & Kashmir.
      • The group had visited Srinagar from Oct 25-27 and met senior separatist leaders, including Syed Ali Geelani & Yasin Malik.
      • The report recommended to start the process of reopening schools.
      • It suggested considering postponement of school examination

 

  • India’s First LNG-Powered Bus Rolls Out

 

      • India’s first liquefied natural gas(LNG)-driven bus was launched in Thiruvananthapuram, Kerala by Shri Dharmendra Pradhan(Minister of Petroleum & Natural Gas).November
      • LNG is considered to be a cleaner and safer fuel which emits 50 per cent less carbon, for mass transportation.
      • It has been a joint effort of Petronet LNG Limited (PLL), Indian Oil Corporation Ltd and Tata Motors Ltd.

 

  • India-Britain Sign Two Key Agreements

 

      • India & the United Kingdom have signed two MoUs to boost relations between the two nations.
      • These MoUs were signed during the official three days state visit of UK Prime Minister Theresa May to India.
      • The first MOU is on the Ease of Doing Business while the second is on intellectual Property Rights.
      • It was her first bilateral visit outside Europe after becoming PM.

 

  • Priyanka is Now LinkedIn Influencer

 

      • Actress Priyanka Chopra has joined professional networking website LinkedIn as a LinkedIn Influencer.
      • Priyanka will join a select group of influencers that includes PM Narendra Modi and eminent leaders such as Kiran Mazumdar-Shaw.
      • LinkedIn Influencers are selected by invitation only and comprise a global collective of 500+ of the world’s foremost thinkers, leaders, and innovators.

 

  • Indian wushu Team Win 5 Medals

 

      • India wushu team has bagged an impressive five medals, including four silver and one bronze, in the eighth Sanda World Cup held at Xian, China.
      • The event witnessed participation from 80 best Sanda players of 13th World Wushu Championship 2015.
      • India were represented by five players.
      • Arjuna Awardee and world silver medalist Y Sanathoi Devi won the silver for India.

 

  • Hameed Make England Debut

 

      • Teenager Haseeb Hameed will become England’s youngest opening batsman when he makes his debut in the first test against India at Rajkot .
      • At 19 years and 297 days, he will become England’s youngest-ever Test opening batsman, and the fifth-youngest player overall.
      • His average is  48.50 in first-class cricket for Lancashire and has four centuries and nine fifties

 

  • Briton Stanning Announces Retirement

 

      • Two-time Olympic champion Heather Stanning has announced her retirement from rowing.
      • She ends her all-conquering partnership with Helen Glover.
      • Stanning & Glover became GB’s first female rowers to win back-to-back Olympic golds when they retained the coxless pairs title in Rio.
      • Their Olympic gold at London 2012 was the hosts’ first of the Games, and also the first in British women’s rowing.

 

  • StanChart Launches UPI Solution

 

      • Standard Chartered Bank has launched ‘Unified Payments Interface’ (UPI)solution for its corporate and financial institutional, and commercial banking clients.
      • This will enable clients to send and receive money using a Virtual Payment Address without entering additional bank account details.
      • UPI allows real time ‘push and pull’ of funds.

 

  • Hedging Mandatory for ECBs

 

      • The RBI said borrowers tapping External Commercial Borrowings (ECBs) will be required to cover the principal as well as the coupon through financial hedges.
      • It aims to effectively address currency risk at the systemic level,
      • Hedging is an investment mechanism to cut the risk of adverse price movements in an asset.
      • The RBI said a minimum tenor of one year of financial hedge would be required

 

  • India Lead in the Digital Transformation

 

      • India leads the business impact scorecard according to a study on digital transformation conducted by CA Technologies & Coleman Parkes.
      • The survey was carried out across 1770 senior IT executives & business heads in 21 countries including 78 in India.
      • The business impact scorecard measures 14 key performance indicators across four categories.
      • India led the global ranking with a score of 79.

 

  • Reinsurer Lloyd’s Gets IRDA Nod

 

      • IRDA has approved London headquartered insurance & reinsurance Lloyd’s application to provide onshore reinsurance services in India.
      • Lloyd’s secured R1 approval from IRDA to set up a branch in India.
      • Lloyd’s filed application with IRDA in March for setting up a reinsurance branch in Mumbai.
      • Insurance Regulatory and Development Authority(IRDA) is a insurance sector regulator in India.

 

  • RBI Appoints M Rajeshwar Rao as New ED

 

      • The RBI has appointed M Rajeshwar Rao as executive director following G Mahalingam’s taking voluntary retirement from the central bank.
      • Rao will look after Department of Statistics & Information Management, Financial markets Operations & International Department.
      • Prior to taking over as the Executive Director, he was the Chief General Manager, Financial Markets Operations Department.

 

  • Corp Bank Inks Pact with Indian Army

 

      • Corporation Bank has signed a MoU with the Indian Army on defence salary package.
      • It will be providing free/concessional services to the Army under the MoU.
      • The services include free drafts, free cheque books, free funds, free ATM cards, unlimited transactions on all ATMs.
      • Free personal accident insurance cover of ₹5 lakh and ₹10 lakh up to the age of 70 years are the other features.

 

  • RBI Unveils New Rs 500, Rs 2000 Notes

 

      • The RBI issued new series of notes for the Rs 500 & Rs 2,000 denomination.
      • The Rs. 2,000 note will be called the ‘Mahatma Gandhi (New) Series’.
      • The new design in the Rs. 500 denomination will be in a different colour, size, theme, design and location of security features.
      • The note will be in a new colour – stone grey and the predominant theme will be Delhi’s Red Fort.

 

  • 500,1000 Currency Notes Stand Abolished

 

    • The current notes of Rs 500 & 1000 will no longer be valid from Nov 8.
    • PM Modi announced in a televised address to the nation.
    • Citizens will have 50 days between Nov 10 & Dec 30  to give in notes of Rs 1000 & 500 at post offices & banks.
    • Those unable to submit all their old currency notes within the deadline,will be able to do so at the RBI up till March 31, 2017 by providing a declaration

Current Affairs 10th November 2016

 

  • Chinese Min Elected Interpol President

 

      • China’s Vice-Minister for Public Security Meng Hongwei  was elected the President of the International Criminal Police Organization (Interpol).
      • He is the first Chinese official to take the post.
      • He took over the position from his predecessor Mireille Ballestrazzi .
      • The President of the Interpol heads its Executive Committee and is elected by the General Assembly for a period of four years.

 

  • Kamala Harris Wins US Senate Seat

 

      • California’s Attorney General Kamala Harris became the first India-American to win the U.S. Senate seat from the state.
      • She defeated fellow Democrat Loretta Sanchez.
      • She is the first black woman elected to the upper chamber in more than two decades.
      • She is also the sixth black individual to be elected to the U.S.Senate.
      • Harris will replace Barbara Boxer who announced her retirement in 2014

 

  • Pramila Jayapal Elected to US House

 

      • Pramila Jayapal became the First Indian-American woman to be elected to the US House of Representative, winning the Washington State Senate seat.
      • Jayapal got 57% of the votes from Washington State, leaving behind her rival Brady Walkinshaw who secured 43% votes.
      • India-born Jayapal made a mark with her progressive agenda in the Washington State Senate.

 

  • China Launch Pulsar Navigation Satellite

 

      • China has launched a navigation satellite, which will conduct in-orbit experiments using pulsar detectors to demonstrate new technologies.
      • The X-ray pulsar navigation satellite was launched from the Jiuquan Satellite Launch Center.
      • The X-ray pulsar captures X-ray signals emitted from pulsars.
      • By mapping those signals, they can be used to determine spacecraft location in deep space.

 

  • Tata Sons Replaces Mistry as TCS Chief

 

      • India’s No. 1 software services firm, Tata Consultancy Services (TCS) , a majority-owned unit of Tata Sons nominated Ishaat Hussain as interim chairman of TCS in place of Cyrus Mistry.
      • Tata Sons owns a 73.26% stake in TCS.
      • Last month,Mistry was ousted as chairman of Tata Sons in a surprise move.
      • Hussain currently serves as chairman of Voltas & satellite television provider Tata Sky.

 

  • Govt Launches Smart India Hackathon

 

      • Union HRD Minister  Shri Prakash Javadekar inaugurated the “Smart India Hackathon 2017”.
      • It is the world’s largest digital national building initiative.
      • Through this initiative, HRD Ministry challenge students to offer innovative solutions to some of the daunting problems faced by our nation.
      • Shri Javadekar unveiled the first set of 250 problem statements received from various ministries.

 

  • India,China to Set up JWGs on Fake Notes

 

      • India and China will soon set up two joint working groups to deal with the fake Indian Currency Notes
      • Also a round-the-clock hotline to exchange information related to terror and organised crimes.
      • The issues were discussed threadbare between a Chinese and an Indian delegation in New Delhi.
      • Both the sides also discussed issues relating to e-Visa, telecom fraud & security matters.

 

  • PM Departs for a 3-day Visit to Japan

 

      • PM Modi departs on a three-day visit to Japan.
      • During the visit the two countries will discuss ways to step up cooperation in the areas like trade, investment and security.
      • The two countries are also likely to sign a civil nuclear cooperation agreement.
      • Prime Minister Narendra Modi’s visit to Japan will play an important role in boosting bilateral relations between both the countries.

 

  • Govt Launch Pradhan Mantri Yuva Yojana

 

      • The Ministry of Skill Development & Entrepreneurship launched Pradhan Mantri Yuva Yojana to scale up an ecosystem of entrepreneurship for youngsters.
      • The scheme spans over five years with a project cost of Rs 499.94 crore.
      • It will provide entrepreneurship education & training to over 7 lakh students in 5 years.
      • This scheme will also include easy access to information and mentor network

 

  • Agritech Meet Begins in Jaipur

 

      • Global Rajasthan Agritech Meet (GRAM), a three-day international event, began in Jaipur.
      • The main focus of the meet is to double the income of farmers through suitable technologies and agricultural activities.
      • Australia, Netherland and Israel will be international partners of the meet.
      • The representatives of these countries will share their new technology and agriculture activities.

 

  • Book on Indian Football Launched

 

      • FIFA Regional Development Officer for South & Central Asia, Shaji Prabhakaran launched his book ‘Back To The Roots, A definitive Guide To Grassroots & Football Development’.
      • As the title suggests, special emphasis is being given to grassroots development.
      • Its focal point is development of football in India.
      • It charts out a roadmap for Indian football to transform into a major game.

 

  • Carolina Tops Price List in PBL Auctions

 

      • In the Premier Badminton League, PBL auction held in New Delhi in which Carolina Marin of Spain was bagged by Hyderabad Hunters for 61 lakh 5 thousands rupees.
      • It was the costliest buy.
      • The second highest bid went for South Korean woman shuttler Sung Ji Hyun with Mumbai Rockets.
      • Kidambi Srikanth fetched the highest amount by an Indian & P.V. Sindhu went to Chennai Smashers for 39L rupees.

 

  • Western Railways Win Surjit Trophy

 

      • Mumbai’s Western Railways women’s team clinched the title in the 33rd Surjit Hockey Tournament.
      • They defeated Haryana XI 4-2 in the title clash played at the Olympian Surjit Hockey Stadium in Jalandhar.
      • The winners were presented a cash award of 1 lakh rupee and trophy and runners-up got 75000 rupees and Trophy.
      • Jaspreet Kaur of Haryana XI was declared the best player of the tournament.

 

  • Yatra Signs MoU with Uttarakhand

 

      • Online travel company Yatra.com has signed an agreement with the Uttarakhand government to promote homestays.
      • Under the MoU Yatra will promote all the state tourism approved homestays, wherein guests can rent a room in the home of a local family or the entire house.
      • Yatra and Uttarakhand Tourism together will organise an orientation session for homestays.

 

  • Banks to Circulate New Currency Note

 

      • Union Finance Minister Arun Jaitley has said that the new series of 500 and 2,000 rupees notes will be available in banks and post-offices.
      • He assured the people that the government will do its best to minimise the inconveniences they may face due to the scrapping of old notes.
      • Mr Jaitley said, the initiative will help curb black money & parallel economy as they impact the actual economy.

 

  • Axis,Flipkart Launch New Credit Card

 

      • Axis Bank in partnership with Flipkart has launched ‘Buzz Credit Card’.
      • Through this contactless card, the bank will offer benefits like welcome benefit of Rs 1000 worth Flipkart Voucher.
      • The customer is also entitled to get Flipkart vouchers of up to Rs 7000,linked to the purchases made through the card.
      • The credit card will also offer min 15 % off, at over 5000 plus restaurants.

 

  • Twitter COO Adam Bain Steps Down

 

      • Twitter COO Adam Bain,the man in charge of the company’s entire revenue business is leaving, according to a company filing.
      • CFO Anthony Noto will take over in Bain’s COO role.
      • Bain joined the company six years ago from Fox and has been credited with building Twitter’s entire multi-billion dollar advertising business.
      • He  was seen as a corporate cheerleader who was known for his positivity.

 

  • Deposits Above Rs 2.5L to Invite Penalty

 

      • The Govt has warned that the cash deposits above 2 lakh 50 thousands rupees threshold under the 50-day window can attract tax plus a 200% penalty in case of income mismatch.
      • This was said by Revenue Secretary Hashmukh Adhia.
      • The government will get reports of all cash deposited during the period of 10th Nov to 30th Dec above a threshold of 2.5 lakh rupees in every account.

 

  • ATMs to Dispense Rs 50 & Rs 100 Notes

 

      • From Nov 11, ATMs in the country will dispense banknotes of Rs 50 and Rs 100 denominations.
      • The RBI claimed that all ATMS and cash-dispensing machines will be re-configured to disburse notes.
      • This should solve the problem of not getting lower denomination notes from ATMs.
      • There will be a withdrawal limit of Rs 2000 per day per card.
      • This will be raised to Rs 4000 later.

 

  • Direct Tax Collection up 10.6%

 

    • Direct tax collections have soared over 10% during the April-October period of 2016-17 of current financial year.
    • As much as 3.77 lakh crore rupees was collected in direct taxes during the April-October period of 2016-17.
    • It is 10.6% higher than collections in the same period a year ago.
    • Direct tax revenue includes corporate and personal income tax.

Current Affairs 11th November 2016

 

  • Robot ‘Sets New Rubik’s Cube Record’

 

      • A robot has set a new record for the fastest-solved Rubik’s Cube.
      • The Sub1 Reloaded robot took just 0.637 seconds to analyse the toy & make 21 moves, so that each of the cube’s sides showed a single colour.
      • That beats a previous record of 0.887 seconds.
      • It was achieved by an earlier version of the same machine using a different processor.

 

  • Alibaba Closes in on Record Sales

 

      • E-commerce giant Alibaba looks set to smash the sales record for its annual Singles Day event.
      • About 12 hours into the event, sales had reached 82.4bn yuan ($12.1bn).
      • Alibaba reported 85% of purchases had been made on mobile phones during Singles Day.
      • Singles Day is held every year on 11 November.
      • The day is also referred to as Double Eleven because of its date.

 

  • Guy Ryder Re-elected as DG of ILO

 

      • Guy Ryder from United Kingdom has been re-elected Director-General(DG) of the International Labour Organisation (ILO) for a second 5 year term.
      • He was elected by the Governing Body of the International Labour Organization (ILO) and received 54 of the 56 votes.
      • He is the 10th DG of ILO and was elected for the first time in May 2012.
      • He has some 35 years of experience in the world of work.

 

  • Singer Leonard Cohen Dies

 

      • Canadian singer, songwriter and poet Leonard Cohen has passed away.
      • He is among his generation’s most celebrated musicians & before his move into music had found success as a poet and novelist.
      • His hits included Suzanne, Bird on the Wire and I’m Your Man & he released his 14th album, You Want It Darker, just last month.
      • He was inducted into the Rock and Roll Hall of Fame in 2008.

 

  • Jacob Zuma Survives No-Confidence Vote

 

      • A motion of no confidence in South Africa’s President Jacob Zuma has been defeated in parliament.
      • An anti-corruption probe last week raised allegations of misconduct against Mr Zuma.
      • Mr Zuma’s African National Congress (ANC) has a huge majority in parliament and the opposition motion was defeated by 214 votes to 126.
      • This was his third time no confidence vote in less than a year.

 

  • CCI will Host ICN 2018 Annual Conference

 

      • The Competition Commission of India (CCI) was selected as the host the 2018 International Competition Network (ICN).
      • The Conference will be held at Delhi in March–April 2018.
      • CCI is also inducted as an ex-officio member of the steering group of the ICN for a period of 3 yrs.
      • The ICN  is an informal, virtual network that seeks to facilitate cooperation between competition law authorities.

 

  • Healthy India Initiative Magazine Launch

 

      • The Union Ministry of Health and Family Welfare has launched Healthy India Initiative magazine & No More Tension mobile App.
      • It was launched to strengthen the health communications programmes.
      • Healthy India Magazine will be a quarterly magazine. It will cater to health related information and raise awareness about healthy living.
      • No More Tension App will help users to manage stress.

 

  • H.P. Approves Shikshak Samman Yojana

 

      • Himachal Pradesh cabinet approved “Mukhya Mantri Shikshak Samman Yojana”.
      • The scheme providing for one year extension in service and cash incentive to teachers who would give 100 per cent results consistently for five years.
      • The scheme aimed at motivating the teachers to strive for giving better performance .
      • It would be applicable to TGT, post graduate teachers ,headmasters and principals.

 

  • SC Holds Invalid 2004 Punjab Law

 

      • The Supreme Court has scrapped Punjab Termination of Water Agreements Act, 2004.
      • The act unilaterally allows Punjab to stop sharing Ravi, Beas waters with other States.
      • Ruling in this regard was given by a five-judge SC Constitution Bench led by Justice Anil R. Dave.
      • The SC bench gave its opinion on a Presidential Reference made by then President APJ Kalam in 2004.

 

  • Prez Presents Awards to Squadrons of IAF

 

      • President Pranab Mukherjee presented the Presidential Standards to 501 Signal Units and 30 squadrons of Indian Air Force at the Air Force Station in Ambala in Haryana.
      • He also released special covers and brochures of Indian Airforce.
      • The 501 signal unit has completed 52 years in the service to the nation.
      • The 30 Squadro’ or ‘Rhinos’ was formed on November 1, 1969, in Tezpur in Assam.

 

  • Tejaswin Shankar Breaks National Record

 

      • Tejaswin Shankar smashed the 12-year-old national senior record in high jump with an effort of 2.26m at the 32nd National Junior Athletics Championships.
      • In the process the 19-year old also won the gold medal.
      • The earlier national senior record was held by Hari Shankar Roy of West Bengal.
      • Tejaswin had won the gold in the National Open Athletics in Lucknow in September with a jump of 2.22m.

 

  • Sri Lanka Sweep Zimbabwe Series

 

      • Rangana Herath recorded the best figures by a bowler in a Test in Zimbabwe as Sri Lanka completed a 257-run victory in the second Test at Harare Sports Club.
      • Sri Lanka sweep the series 2-0.
      • Zimbabwe lost both games by large margins, but took both Tests into the final day& nearly secured a draw in the first match.
      • Sri Lanka’s Dimuth Karunaratne was named man of the series.

 

  • Sharapova to Return as UN Ambassador

 

      • Tennis star Maria Sharapova will once again be a UN goodwill ambassador when her doping ban expires in April.
      • The United Nations had suspended Sharapova’s role as goodwill ambassador in March after she failed a drug test.
      • Last month, the Russian star’s 24-month ban for testing positive for meldonium was cut to 15 months by the Lausanne-based Court of Arbitration for Sport.

 

  • Forbes ‘Asia’s 50 Richest’ List

 

      • Families from India made up more than one-third of the latest list of Asia’s 50 Richest Families, Forbes Asia.
      • With a combined wealth of $153.61 billion, as many as 17 entries in the 2016 list hail from India,
      • India’s foremost spot was taken by the Ambani family (No. 3, $25.8 billion).
      • South Korea’s Lee family, the eminent name behind the Samsung Group, topped the overall list.

 

  • Airbags,Speed Warning Mandatory from Oct

 

      • The Ministry of Road Transport has issued an amendment stating new inclusions to the list of mandatory requirements for new cars.
      • The Ministry announced that all new cars will need to have airbags,reversing sensors, manual override for central locking system & a high-speed alert system.
      • Airbags will be mandatory for cars manufactured on or after 1st Oct 2017 & others on & after April 2018.

 

  • SBI to Raise Rs 5,000cr in FY17

 

      • Country’s largest lender SBI will raise Rs 5,000 crore to fund infrastructure and affordable housing during the fiscal by issuing long-term infra bonds.
      • The bank was accorded approval from the Executive Committee of its Central Board.
      • The bonds are to be issued on a private placement basis in tranches.
      • SBI said it will raise the money at an appropriate time in domestic & overseas market.

 

  • Tesla Buys German Automation Firm

 

      • US electric car maker Tesla would buy German engineering firm Grohmann.
      • Tesla said it expected to close the deal, which still needs to be approved by regulators, by early 2017.
      • Grohmann Engineering, which would be renamed Tesla Grohmann Automation after the deal.
      • Tesla, founded by tech billionaire Elon Musk, aims to produce 500,000 cars per year by 2018.

 

  • Highway Construction Rise to 20.4 km/day

 

      • The pace of highway construction has gathered momentum in October.
      • Compared to 362 km, 367 km and 315 km respectively in July, Aug & Sept, construction of these roads in October stood at 612 km or 20.4 km/day.
      • The pace, however, is still way lower than what is required to meet the construction target of 41 km/day.
      • The ministry has targeted to build 15,000-km highways in the current fiscal.

 

  • Snapdeal Launches Wallet on Delivery

 

      • Snapdeal has launched first-of-a-kind feature, Wallet on Delivery (WoD).
      • It will allow users to pay on delivery by using their FreeCharge wallet.
      • This allows users to make the payment only when their package is delivered and simultaneously removes the need to handle cash.
      • It is a quick and effective solution to all user concerns about Cash on Delivery (CoD).

 

  • SAIL Wins Golden Peacock Award

 

    • The prestigious Golden Peacock Award for Corporate Governance for this year has been conferred Steel Authority of India Limited (SAIL).
    • SAIL was presented the award on account of its exemplary performance in the field of corporate governance.
    • The award was set up by the Institute of Directors, India.
    • The award was received by Ashwini Kumar, CEO of Rourkela Steel Plant on behalf of SAIL

Current Affairs 12th November 2016

 

  • Mike McCormack Won Goldsmiths Prize

 

      • Solar Bones author Mike McCormack had won the Goldsmiths Prize.
      • McCormack is the third Irish writer to win since the prize began in 2013.
      • He is an Irish novelist and short story writer.
      • The Goldsmiths Prize was launched in 2013, in association with the New Statesman, to reward fiction that breaks the mould or opens up new possibilities for the novel form

 

  • Hollywood Actor Robert Vaughn Dies

 

      • Hollywood Actor Robert Vaughn, best known as the secret agent Napoleon Solo in The Man from UNCLE, has passed away.
      • The actor had been battling acute leukemia.
      • He was also famous for his role as Lee in the Magnificent Seven, and television roles in Hustle and Coronation Street.
      • He was the last surviving member of the film’s original “seven”.

 

  • Pence to Head Trump Transition Team

 

      • US President-elect Donald Trump has appointed Vice President-elect Mike Pence as the head of his White House transition team.
      • It would shape the direction of the real estate tycoon’s administration.
      • Trump will be sworn in as the 45th US President on January 20th, replacing Barack Obama.
      • A transition team which would help him prepare to hit the ground running from day one.

 

  • Chinese Trade Convoy Reaches Gwadar Port

 

      • The first trade convoy carrying Chinese goods for export through the western route of the USD 46 billion China-Pakistan Economic Corridor (CPEC) has arrived at the Gwadar port.
      • The goods will be exported to countries in the Middle East & Africa.
      • China not only built the Gwadar port but also has its operational control.
      • It is also building a network of roads and railways to link.

 

  • Australia Ratifies Paris Agreement

 

      • Australia has ratified a landmark global deal on climate change action.
      • PM Malcolm Turnbull announced the federal govt had ratified the agreement.
      • The deal commits signatory countries to work towards limiting global warming to two degrees & set five-yearly targets for cutting emissions.
      • The deal has already come into effect globally but Australia was delayed in finalising its agreement.

 

  • Raj Bisaria Selected for Kalidas Samman

 

      • Madhya Pradesh Government has selected renowned theatre personality Prof Raj Bisaria for the prestigious ‘Kalidas Samman’ national award for 2015-16.
      • He is best known for blending artistic concepts of the East and the West and the traditional and the modern.
      • It is bestowed upon personalities in the four fields of classical music, classical dance, theatre and arts.

 

  • India, Japan Ink Ten Agreements

 

      • India & Japan signed have ten agreements to boost the bilateral cooperation.
      • An MoU was signed between the National Investment and Infrastructure Fund Limited & Japan Overseas Infrastructure Investment Corporation for Transport.
      • Two MoU were signed to boost cooperation in space technology.
      • Memorandum of Cooperation also signed to deepen bilateral cooperation in agriculture & food industries

 

  • MoUs b/w Gujarat Govt & Hyogo Prefecture

 

      • PM Modi & his Japanese counterpart Shinzo Abe witnessed exchange of MoU of cooperation between Gujarat Government & Hyogo Prefecture.
      • It will provide for people to people contact, trade & investment, building disaster resilient structures, agriculture and food related operations.
      • Mr Modi said,greater participation & engagement of industries in Hyogo will benefit Japan & India’s MSME sector.

 

  • Public Service Broadcasting Day Observed

 

      • Public Service Broadcasting Day is being observed on 12-Nov.
      • On 12 November, 1947, Mahatma Gandhi visited the studio of All India Radio, Delhi for the first and last time.
      • In the memory of the first and only address by Mahatma Gandhi on All India Radio (AIR), this day was announced as a Public Service Broadcasting Day.
      • Words which he spoke on that day became a treasure for Akashvani.

 

  • India-Japan Sign Civil Nuclear Deal

 

      • India and Japan signed a landmark nuclear energy deal during PM Modi’s ongoing Japan visit.
      • Sealing of the deal marked the high point of the ongoing visit of Japan by PM Modi.
      • The nuclear deal which will help India access Japan’s nuclear market, had been under negotiation for six years.
      • India is the first non-member of the non-proliferation treaty (NPT) to have signed such a deal with Japan

 

  • Former Spanish World Boxing Champ Dies

 

      • Former super lightweight world boxing champion Pedro “Perico” Fernandez has died.
      • Fernandez won the vacant super lightweight belt in 1974 after beating Japanese fighter Lion Furuyama on a split decision in Lazio, Italy.
      • He retained the title in 1975 by knocking out Joao Henrique.
      • He fought 125 pro fights, winning 82 and drawing 15, until he retired in 1987.

 

  • Vitaly Melnikov Banned 8 years for Doping

 

      • Russian swimmer Vitaly Melnikov has been banned for eight years for a second positive doping test, during training for Olympic qualifying races.
      • This was his second positive test in 2 years.
      • He was stripped of an individual silver medal in backstroke and a team relay gold.
      • This suspension, which runs through April 21st, 2024, is likely to effectively end Melnikov’s career.

 

  • Dravid Appointed Brand Ambassador

 

      • Former India captain Rahul Dravid has been made brand ambassador for the second T20 World Cup for the Blind.
      • The tournament will be played from January 28 to February 12.
      • The tournament will be held across eight Indian cities.
      • Ten Countries India, Australia, Bangladesh, England, Nepal, New Zealand, Pakistan, South Africa, Sri Lanka and West Indies will be participating in the World Cup.

 

  • Egypt Wins Approval for $12bn IMF loan

 

      • The International Monetary Fund (IMF) has approved a three-year $12bn (€11bn) loan for Egypt.
      • Egypt will receive $2.75bn immediately, with the rest subject to its economic performance & further reforms.
      • IMF Managing Director Christine Lagarde said the bailout would address longstanding challenges.
      • Egypt’s President Abdul Fattah al-Sisi is facing high unemployment & a high budget deficit.

 

  • SBI Net Profit Shrinks 35%

 

      • SBI quarterly earnings plunged 35% during July-Sept as provisions for bad loans eroded treasury gains .
      • Net profit fell to Rs 2,538 crore in the Sept quarter, from Rs 3,879 crore a year ago.
      • SBI chairman Arundhati Bhattacharya said bad loans would continue to mar prospects.
      • Provisioning for bad loans nearly doubled to Rs 7,670 cr as gross bad loans climbed to a record of Rs 1.05 lakh cr.

 

  • Twitter Partners with IndiaSpend

 

      • Twitter India in partnership with non-profit data journalism initiative IndiaSpend  have launched #Breathe.
      • It is an independent and real-time air quality monitoring public service initiative on Twitter.
      • People across 17 cities can now monitor the air quality they breathe with a single tweet.
      • By tweeting #Breathe , people can access air quality levels.

 

  • Paytm Acquires Delhi-based Shopsity

 

      • Online payments and ecommerce marketplace Paytm has acquired Delhi-based Shopsity.
      • Shopsity follows an online-to-offline model that offers solutions to small retail stores.
      • Through the acquisition, Paytm is looking to create seller-focussed services for its offline merchants.
      • Shopsity co-founders Danish Ahmed and Gaurav Arya have joined Paytm’s management.

 

  • Country’s 1st Banking Robot Makes Debut

 

      • Kumbakonam-based City Union Bank has launched India’s first banking robot called Lakshmi.
      • It will be the first on-site bank helper.
      • The artificial intelligence powered robot can speak English, uses gestures, and engage in a life-like manner in conversations.
      • Further, the robot can answer intelligently on more than 125 subjects including account balance and interest rates on loans.

 

  • Industrial Production Grows at 0.7%

 

      • The country’s industrial production grew 0.7% in September this year, year-on-year.
      • It was mainly due to poor performance by the manufacturing, mining, and capital goods sectors.
      • The mining sector recorded a contraction 3.1% during the month as against a growth of 3.5% last year.
      • Capital goods output shrank 21.4%.

 

  • Govt Imposes Levy on Flights

 

    • Government has decided to impose levy up to Rs 8,500 per flight on major routes to fund the UDAN (Ude Desh ka Aam Naagrik).
    • The levy amount would be for an entire flight and the price of each ticket could go up depending on the number of seats in that particular flight.
    • It will be applicable only on scheduled domestic flights operating on major routes and excludes regional flights.

Current Affairs 13th November 2016

 

  • India’s Nominee to be Re-appointed to UN

 

      • Ambassador A Gopinathan is to be re-appointed to the Joint Inspection Unit of the United Nations by the General Assembly.
      • It is the only independent external oversight body of the UN system mandated to conduct evaluations, inspections and investigations system-wide.
      • He will serve from Jan 1, 2018 to Dec 31, 2022.
      • He was first appointed to the UN body for a term from Jan 2013 to Dec 2017

 

  • Australia & US Reach Migrant Deal

 

      • Australia & the US have reached a resettlement deal for asylum seekers held in offshore detention centres in Papua New Guinea and Nauru.
      • Under the agreement, the migrants there will be assessed and the most vulnerable will be resettled in the US.
      • About 1,200 people are being held in the asylum centres on Manus Island.
      • US authorities will conduct their own assessment of refugees.

 

  • Afghan Parliament Sacks Three Ministers

 

      • Afghanistan parliament sacked the Minister of Foreign Affairs & two of his cabinet colleagues.
      • Foreign Minister Salahuddin Rabbani, Public Works Minister Mahmood Baligh & Social Services Minister Nasreen Oryakhel all failed to win confidence votes in parliament.
      • They were declared to have been dismissed by the Speaker.
      • All three were dismissed for their performance.

 

  • Colombia,FARC Rebels Announce New Deal

 

      • The Colombian govt & the Farc rebel group have announced a new peace agreement.
      • It comes after six weeks the original deal was rejected in a popular vote.
      • Alvaro Uribe,a former President who led the no campaign was involved in this round of negotiations intended to end 52 years of civil war.
      • The new agreement will have to be approved by parliament, rather than being put directly to voters.

 

  • Clinton Blames Defeat on FBI Director

 

      • Hillary Clinton has blamed her defeat in the US presidential election on interventions by the FBI director.
      • She said that James Comey’s announcement of a new inquiry into her use of email while Secretary of State shortly before election day had stopped her campaign’s momentum.
      • Anti-Trump activists have held daily protests in US cities since his election victory was confirmed.

 

  • 2Lakhs Vehicles to go off Delhi Roads

 

      • About 2 lakh heavy diesel vehicles more than 15 years old will not be allowed to ply in Delhi.
      • These vehicles cannot be parked in the national capital either.
      • The transport department has drawn up a list of such vehicles that it has deregistered on the orders of the National Green Tribunal.
      • The list has details of the vehicles, including owner’s name, registration number & address.

 

  • PM Lays Foundation Stone for Airport

 

      • PM Modi laid the foundation stone for Mopa greenfield international airport & Tuem electronic manufacturing cluster in Goa.
      • The first phase of the airport is expected to be commissioned in the financial year 2019-20.
      • The Airport will have the capacity to handle 28 million passengers annually.
      • The Tuem electronic city is expected to generate 50,000 jobs for the youth in the state.

 

  • India to Preside Next Edition of COP

 

      • India will preside the eighth edition of the Conference of Parties (COP) to WHO Framework Convention on Tobacco Control (FCTC).
      • It will be held in Switzerland’s Geneva in 2018.
      • Health Secretary CK Mishra has been chosen as the President of the COP Bureau,
      • The WHO Framework Convention on Tobacco Control (FCTC) is the world’s biggest convention to frame the anti-tobacco policies.

 

  • India, Bhutan Signs Agreement

 

      • India & Bhutan have signed a bilateral trade agreement with a validity period of one year.
      • Commerce and Industry Minister Nirmala Sitharaman & Bhutan’s Economic Affairs Minister Tengye Lyonpo Lekey Dorji signed the agreement.
      • Under the new agreement,it is aimed to enhance trade between the two countries through trade facilitation by improving procedures & adding additional exit/entry points.

 

  • Punjab National Bank Win Surjit Hockey

 

      • Punjab National Bank, Delhi beat Army XI (6-5) to win the 33rd Surjit Hockey Tournament at Olympian Surjit Hockey Stadium.
      • The decision of the match came from penalty shootouts.
      • Winners Punjab National Bank bagged a cash prize of Rs 5 lakh and a trophy.
      • The runners-up received Rs 2.50 lakh and a trophy.
      • Gagandeep Singh (Jr) of PNB was declared the best player of the tournament.

 

  • Sydney to Host Invictus Games in 2018

 

      • Australia will host the 2018 Invictus Games for wounded military personnel, Britain’s Prince Harry has announced.
      • More than 500 serving and former personnel from 17 nations will compete in the multi-sports competition in Sydney.
      • Athletes, who have been wounded, injured or become ill in service will compete.
      • The games are due to be held in Toronto next year.

 

  • England Qualifies for ICC Women’s WC

 

      • England became the second team to qualify for the ICC Women’s World Cup 2017 with a victory over Sri Lanka in the first match of their ICC Women’s Championship series in Colombo.
      • The win took next year’s ICC Women’s World Cup host to 25 points.
      • Australia has already won the IWC title with 30 points.

 

  • Vandana to Lead Indian hockey Eves

 

      • Forward Vandana Katariya will captain Indian senior women’s hockey team in the Test Series against Australia to be played at Melbourne from Nov 23.
      • Defender Sunita Lakra will be the vice-captain of the 18-member squad.
      • Rajani Etimarpu and Savita will continue to don the responsibility in front of the Indian goal.
      • Poonam Rani, Anuradha Devi Thokchom, Preeti Dubey and Sonika are the strikers.

 

  • Narinder Batra Elected FIH President

 

      • Narinder Batra has become the first Indian to be elected the President of the International Hockey Federation.
      • He was voted to the top post by an overwhelming margin during the penultimate day of the 45th FIH Congress in Dubai.
      • He defeated David Balbirnie of Ireland and Australia’s Ken Read to become the 12th FIH President.
      • He is also the first Asian to grab the post.

 

  • M&M Elevates Pawan Goenka as MD

 

      • Leading homegrown auto maker Mahindra and Mahindra elevated its executive director Pawan Goenka to the position of managing director.
      • Anand Mahindra, the existing chairman & MD will now be designated as the executive chairman.
      • Goenka will continue to report to Mahindra.
      • Goenka joined M&M as general manager in 1993, after working for General Motors in Detroit, USA for 14 years.

 

  • Dow Chalks Up Best Week in Five Years

 

      • The Dow Jones industrial average ended at a record closing high, capping off its best week since 2011 after Donald Trump’s unexpected victory.
      • So, the Dow Jones industrial average gained 40 points, and reached 18,848.
      • Since Trump’s win investors have been betting on his campaign promises to simplify regulation in the health and financial sectors.

 

  • Currency Presses Running at Capacity

 

      • The RBI has  said Printing Presses are printing the currency notes at full capacity so that adequate quantum of notes is available.
      • Adequate stock of all currency notes has been kept ready at more than 4,000 locations across the country.
      • This RBI statement comes in the context of the huge volume of currency note exchange transactions (about 10 crore) being reported on a single day on Nov 10.

 

  • Zuckerberg Named Fortune Business Person

 

      • Facebook Co-founder and CEO Mark Zuckerberg has been named by Fortune magazine as the ‘Business Person of the Year’ for 2016.
      • Zuckerberg is currently the world’s fifth richest person, with an estimated net worth of $50.9 billion.
      • In fortune list Zuckerberg is followed by Amazon founder Jeff Bezos  and Mary Dillon –founder of Ultra Beauty cosmetic stores.

 

  • Tata Chemicals Director Bhaskar Resigns

 

      • Bhaskar Bhat, a non-independent and non-executive director on the board of Tata Chemicals has resigned.
      • Bhat has put in his papers over differences on Cyrus Mistry’s role.
      • He was appointed as chairman of Tata SIA Airlines Ltd. early this year.
      • In his previous role as the managing director of Titan since 2002, Mr. Bhat led it to become the largest watch manufacturer in India.

 

  • RBI Issues Licence to Ujjivan

 

    • Ujjivan Financial Services Ltd subsidiary Ujjivan Small Finance Bank Ltd has got RBI licence to set up Small Finance Bank business.
    • Ujjivan Financial Services is the promoter company.
    • Ujjivan Small Finance Bank is in the process of seeking necessary approvals, prior to the commencement of the banking business.
    • On receipt of mandatory approvals, it will commence operations.

Current Affairs 14th November 2016

 

  • 14-Nov:World Diabetes Day

 

      • World Diabetes Day is held on Nov 14 each year.
      • It was first introduced in 1991, and founded by both the International Diabetes Federation & the WHO.
      • The theme of the 2016 campaign is “Eyes on diabetes”& focuses around screening, diagnosis & treatment to reduce the complications of type 2 diabetes
      • Screening for diabetes complications is an essential part of managing all types of diabetes

 

  • Radev Wins Bulgaria Presidential Poll

 

      • Bulgarian Socialist ally Rumen Radev, a Russia-friendly newcomer to politics, won presidential election by a wide margin.
      • Radev swept just over 58% of the vote to parliamentary speaker Tsetska Tsacheva’s 35%, according to the exit polls.
      • Radev entered Bulgarian politics on a wave of discontent with the ruling centre-right’s progress in combating corruption.

 

  • Hindi to be Part of Foreign Languages

 

      • Australia has announced national rollout of an online programme for preschoolers to learn foreign languages including Hindi.
      • The Early Learning Languages Australia (ELLA) Polyglots applications will help students and their teachers to learn new languages.
      • The govt would extend the programme to offer Australian preschoolers the opportunity to learn Italian and Spanish in 2017 & Hindi in 2018.

 

  • Musician Leon Russell Passes Away

 

      • American musician and songwriter Leon Russell has passed away.
      • The musician wrote hit songs like “Delta Lady,” “A Song for You,”, This Masquerade,”  and “Superstar”
      • He was inducted into both the Rock and Roll Hall of Fame and the Songwriter’s Hall of Fame in 2011.
      • Over his career, Russell recorded more than 35 albums and was best known for his A Song for You.

 

  • S. Korean President to be Questioned

 

      • South Korea prosecutors are set to question President Park Geun-hye over allegations of political corruption in a scandal that has engulfed her presidency.
      • This will be the first time a sitting President will be questioned by prosecutors.
      • Ms Park is accused of allowing her friend,Choi Soon-sil to manipulate power.
      • Hundreds of thousands rallied to demand her resignation.

 

  • PM Inaugurates Conference on Sugarcane

 

      • The PM Modi inaugurated the International Conference & Exhibition on Sugarcane Value Chain – Vision 2025 Sugar at Pune.
      • The conference has been organised by Vasantdada Sugar Institute (VSI) at Manjari near Pune.
      • Around 1,500 delegates are expected to participate in this conference.
      • VSI is an autonomous body established in 1975 by sugarcane growers of co-operative sugar mills in Maharashtra

 

  • ESIC Launches ‘Kahin Bhi-Kabhi Bhi’

 

      • Employees State Insurance Corporation (ESIC) launched ‘Kahin Bhi-Kabhi Bhi’ medical facilities for its beneficiaries of Delhi.
      • Kahin Bhi means any dispensary/Hospital and Kabhi Bhi means anytime.
      • The initiative was launched by Minister of State for Labour,Bandaru Dattatreya.
      • The initiative aims at saving time of the beneficiaries as well as the effort that he/she makes to avail the services

 

  • PM Launches Several Rail Projects

 

      • PM Modi dedicated to the nation several rail projects at Ghazipur in Uttar Pradesh.
      • He also flagged off Shabd Bhedi super fast weekly express train from Ghazipur to Kolkata.
      • He also inaugurated a cargo centre of perishable commodities.
      • The newly built centre is built at Ghazipur Ghat station.
      • He also laid the foundation of the rail cum road bridge over ganga river on Mau Tadighat rail line

 

  • Israel President Rivlin Arrives in India

 

      • Israel President Reuven Rivlin arrived on a six-day visit to India to further strengthen bilateral ties.
      • He  landed at the Mumbai airport with a large delegation of businessmen & academicians
      • He will meet PM Modi, Sushma Swaraj and visit several sites of co-operation & joint projects between the two nations.
      • The Israeli leader will join President Mukherjee in opening an agrotech conference.

 

  • India International Trade Fair Begins

 

      • The 14-day India International Trade Fair (IITF) begins at Pragati Maidan in New Delhi.
      • The annual event was inaugurated by President Pranab Mukherjee.
      • The theme of the fair is “Digital India”.
      • This year, the Partner Country is South Korea while the Focus Country is Belarus.
      • Madhya Pradesh & Jharkhand will be the Partner States while Haryana is participating as a Focus State.

 

  • Federer Bags ATP Sportsmanship Award

 

      • Roger Federer bagged the Stefan Edberg Sportsmanship Award & Juan Martin del Potro was declared the Comeback Player of the Year at the 2016 ATP World Tour Awards.
      • Federer won the Sportsmanship Award for the sixth year in a row.
      • Federer edged out fellow major winners Rafael Nadal, Andy Murray.
      • Argentine del Potro staged a stunning comeback this season after starting the year ranked 590.

 

  • India-England 1st Test Ends in a Draw

 

      • The first cricket Test between India & England at Saurashtra Cricket Association Stadium in Rajkot has ended in a draw.
      • Set a target of 310, India were 172 for 6 when the two captains – Virat Kohli & Alastair Cook – agreed to call off the game on the fifth and final day.
      • Four more Tests are to be played in the five-match series.
      • The next one slated to be held in Visakhapatnam.

 

  • Lewis Hamilton Wins Brazilian Grand Prix

 

      • Lewis Hamilton produced a masterful performance to win Brazilian Grand Prix.
      • His ninth win of 2016 came in a race with several high-speed accidents, two stoppages and five safety cars.
      • The victory cut the lead of his Mercedes team-mate Nico Rosberg, who finished second, to 12 points.
      • Rosberg will secure the championship if he finishes third in Abu Dhabi on 27th Nov,even if Hamilton wins.

 

  • Aditi Ashok Wins Women’s Indian Open

 

      • Golf sensation Aditi Ashok scripted history as she became the first Indian woman to win a Ladies European Tour title by clinching the Hero Women’s Indian Open at Gurugram.
      • She shot an even par-72 in the final round to win the title.
      • She held her nerve to get the better of American Brittany Lincicome and Spain’s Belen Mozo.
      • Aditi won a prize purse of 60,000 dollar.

 

  • Toyota to Pay up to $3.4 billion

 

      • Toyota will pay up to $3.4 billion to settle a class action lawsuit brought by US pickup truck and SUV owners whose vehicles lacked adequate rust protection.
      • Court filings show that the settlement  covers 1.5 million vehicles.
      • The settlement applies to Tacoma trucks made from 2005 to 2010, Sequoias from 2005 to 2008 and Tundras from 2007 to 2008.

 

  • First Small Finance Bank Kicks Off

 

      • Jalandhar-based Capital Small Finance Bank Ltd, India’s first small finance bank, has commenced operations.
      • The bank kicked off operations with ten branches.
      • In the current fiscal, the bank would consolidate in Punjab.
      • Capital Small Finance Bank has been set up by converting the erstwhile Capital Local Area Bank Ltd.
      • It was one of the 10 applicants to be given in-principle approval

 

  • Gail Scraps $7-billion LNG Tender

 

      • state-owned gas utility GAIL India Ltd has scrapped a $7 billion tender for hiring newly built ships to ferry LNG from US after bidders did not agree to ‘Make-in-India’ terms.
      • GAIL was forced by the Oil Ministry to add the Make-in-India condition to its tender.
      • It will now hire the ships from the global spot or current market.
      • GAIL has tied up 5.8 million tons per annum of LNG from the US.

 

  • APEC Forum’s Week Starts in Lima, Peru

 

      • The Asia-Pacific Economic Cooperation (APEC) Forum’s Week starts in Lima, Peru.
      • A creation of Free Trade Area of the Asia-Pacific (FTAAP) include all APEC states, is one of the main topics on the agenda of the 2016 APEC Summit.
      • It is widely seen as the premier business event drawing together business and economic leaders of 21 Pacific Rim countries.

 

  • China Govt Spending Down 12.5% in Oct

 

      • China Government spending decreased 12.5% in October from a year earlier, while revenue rose by 5.9%.
      • This was informed by the Ministry of Finance.
      • Government spending in the first 10 months of the year rose by 10% from a year earlier.
      • China has relied on government spending to stabilise growth this year as private companies pull back.

 

  • Govt Launches New Rs 500 Notes

 

    • The govt has introduced the new series of 500 rupees denomination notes.
    • The new Rs 500 notes are expected to ease the queue in banks.
    • As per the directive, the weekly withdrawal limit from banks has been increased to Rs 24,000 from Rs 20,000.
    • As for exchange of demonetised banknotes, the ministry advised increasing the limit from Rs 4,000 to Rs 4,500.

Current Affairs 15th November 2016

 

  • Earthquake hits New Zealand

 

      • Two more earthquakes have hit New Zealand in the hours after a 7.8 magnitude killed two.
      • Emergency officials are warning of a tsunami and have urged people living along the east coast to move to higher ground.
      • The first quake struck 57 miles north-northeast of Christchurch just after midnight local time on Monday and shook much of the country.

 

  • Class X board exams for CBSE

 

      • The government will reintroduce compulsory class X board examination for CBSE schools from the 2017-18 academic year, Union HRD minister Prakash Javadekar said.
      • He informed about the decision to reintroduce class X board examination.
      • Javadekar also said state governments will be given authority to reintroduce class V and VIII board examinations.

 

  • China launches pulsar satellite

 

      • China has successfully launched a navigation satellite that will conduct in-orbit experiments.
      • The X-ray pulsar navigation satellite XPNAV-1 was launched Nov.
      • The experimental pulsar navigation mission carries 2 sensors to pick up incoming X-rays from objects scattered across the galaxy & use the detections to plot the craft’s position without relying on GPS satellites.

 

  • Chinese Ship Opens New Trade Route

 

      • Pakistan’s top civilian & military leaders traveled to the country’s southwest to open a new international trade route by seeing off a Chinese ship that’s exporting goods to the Middle East & Africa from newly built Gwadar port.
      • The first convoy of Chinese trucks carrying goods has arrived in Pakistan.
      • The Pakistani army has created a special force to guard the new trade routes and the port.

 

  • Colombia, rebels agree peace deal

 

      • Colombia’s government and the Marxist FARC rebels said that they agreed on a revised peace deal to end a 52-year war.
      • The government and Revolutionary Armed Forces of Colombia, which have been holding talks in Havana for 4 years, said they had incorporated proposals from the opposition, religious leaders and others.
      • Juan Manuel Santos hopes to unite the divided nation behind the new deal.

 

  • Each religion to continue personal laws

 

      • At a time when the clamour against the government’s move towards UCC is growing, the Law Commission Chairman Justice BS Chauhan told that they were attempting to bring a synergy between family law and gender equality.
      • Chauhan argued that each religion would continue to have its own personal laws.
      • He said presently, they were only seeking opinions on what should be the direction of the change

 

  • 5.0 earthquake rocks northeastern states

 

      • A moderate earthquake, measuring 5.0 on the Richter scale, rocked the northeastern states on Tuesday, an official said.
      • There were no reports of any casualties or damage.
      • The tremor was felt at 7.40 a.m. with an epicentre located in Assam’s Karimganj district bordering Bangladesh, an official of the Regional Seismological Centre here said.

 

  • Reuven Rivlin to hold talks with Modi

 

      • Israel President Reuven Rivlin, who arrived in New Delhi on an 8 day official visit to India, will hold bilateral talks with Prime Minister Narendra Modi.
      • The focus of which is likely to be on agricultural cooperation between the two sides.
      • India and Israel enjoy excellent relations marked by strong ties in the areas of economy and commerce, science and technology, research and innovation.

 

  • e-trans, ATM charges waived off

 

      • The government advised banks and the National Payment Corporation of India to waive charges on e-transactions till December 31.
      • Following this, NPCI waived till year-end the switching fee for all RuPay issuing and acquiring member banks for point of sales and e-commerce transactions.
      • The decisions were taken after the government went into a huddle on Sunday night to address the crisis.

 

  • SC to hear petitions on demonetization

 

      • The Supreme Court on Tuesday will hear several petitions challenging the government’s decision to scrap Rs.500 and Rs.1000 currency notes.
      • Four PILs have been filed against the controversial scheme, which has caused massive upheavals across the nation.
      • The PILs were filed in the apex court questioning the government’s rationale and modus operandi behind the implementation of the drive.

 

  • Naxal-hit village gets electricity

 

      • A Naxal-hit village in Jharkhand has celebrated Diwali in its “true sense” this year as electricity has reached here for the first time.
      • Garu village, about 1,400 kms from New Delhi and 175 kms from the state capital Ranchi, comes under the jurisdiction of Latehar district which is among the most Naxal-infested areas of the state.
      • Labhar was liberated by CRPF from Naxals in 2011

 

  • IIT team with Midas touch on nano scale

 

      • A team from the IIT Madras has successfully transformed nanoscale pieces of silver to gold and gold to silver by replacing their atoms one at a time.
      • The shape and structure of these materials before and after transformation are identical, although they are completely different chemically.
      • The results were published on November 10 in the journal Nature Communications.

 

  • Researchers fabricate a nanogenerator

 

      • Pune researchers fabricated nanogenerator, that produces 14 volts when thumb pressure was applied.
      • The results were published recently in the journal Advanced Materials & Interfaces.
      • About 28 micro watt per square cm power and 14 volt that was generated by the nanogenerator was stored in a capacitor and used for charging a mobile phone.
      • It was made by Pune’s IISER &  Nat. Chemical Lab.

 

  • Indo-U.S. collaboration on pelagic fish

 

      • India & US would focus on prediction of pelagic fish resources, especially sardines.
      • The small pelagic and other species contribute almost 55 % of the marine fish catch from the south eastern Arabian Sea.
      • Increasing frequency and extent of harmful algal blooms in the coastal and oceanic area of the Indian Exclusive zone is a cause for concern, as it disrupts biogeochemical cycle

 

  • World to cross 1.2°C global warming

 

      • The world is likely to cross 1.2° C of global warming above pre-industrial levels in 2016.
      • This will breach the 1.5° C warming levels advised as an ambitious target to stay safe from the worst impacts of climate change.
      • The global UN weather agency warned here on Monday that 2016 will be the hottest year on record, with global temperatures even higher than what 2015 experienced.

 

  • British man aims to swim across Atlantic

 

      • Former British police officer Ben Hooper hopes to make history by swimming every mile of the Atlantic Ocean from Africa to South America.
      • The 38-year-old walked down a beach in Dakar and into the Atlantic Ocean, launching a swim for 3,200 km, from Senegal to Brazil.
      • Hooper said “This is for my daughter,” who inspired him to swim.

 

  • Task Force to recalibrate ATMs

 

      • With ATM still unable to cope with the huge demand for cash and consequently running dry, a Special Task Force has been formed under the chairmanship of S.S. Mundra, Deputy Governor, RBI.
      • It will speed up the process of recalibration of these machines to dispense the new denomination notes.
      • The new series of Rs.2,000 and Rs.500 notes has already been issued by the central bank.

 

  • The ticket to launder black money

 

      • The Indian Railways witnessed a whopping 1000 % jump in ticket bookings in its AC-1 coaches, a day after Prime Minister Narendra Modi announcment.
      • When demonetisation kicked in on Wednesday, 27000 tickets were booked in the AC-1 tier coaches, compared to 2000 tickets reserved on Tuesday.
      • There was a 16 % rise in the AC-3 tier coach bookings, as per data compiled by the Railway Ministry.

 

  • Economists see ‘long-term gain’

 

      • According to economists, the govt’s demonetisation drive will likely negatively impact the economy in the short term but it could help over the longer term economic growth
      • Another benefit from the drastic currency step could be a reduction of banks’ non-performing assets
      • The overall economic impact would include a likely appreciation of the rupee
      • The real estate prices fell about 20-25%

 

  • NSG still a far cry for India

 

    • China obliquely criticised the India-Japan agreement on nuclear energy.
    • China pointed out that all countries are entitled to peaceful use of atomic energy, so long as they abide by “the international nuclear non-proliferation regime.”
    • China maintains that the Nuclear Non-Proliferation Treaty (NPT), which India has not signed, is the cornerstone of preventing the spread of atomic weapons.

Current Affairs 16th November 2016

 

  • 16-Nov :International Day of Tolerance

 

      • International Day for Tolerance & Peace is celebrated on 16th of Nov.
      • The day is an annual observance declared by UNESCO in 1995 to generate public awareness of the dangers of intolerance.
      • It is observed every year to appreciate the rich variety of world’s cultures,forms of expression & ways of being human.
      • Tolerance recognises the universal human rights & fundamental freedoms of others.

 

  • World Internet Conference 2016 Begins

 

      • The 2016 World Internet Conference will kick off today in the eastern Chinese town of Wuzhen.
      • The three-day event is expected to be attended by delegates from more than 120 countries, including 8 top foreign leaders.
      • Foreign firms such as LinkedIn, Microsoft & Nokia will also take part.
      • The China-sponsored event is the third one of its kind following two previous conferences in 2014 & 2015.

 

  • 20 Nations Sign Framework Agmt of ISA

 

      • Over 20 countries signed the framework agreement of the International Solar Alliance (ISA).
      • It is an initiative that is the brainchild of Prime Minister Narendra Modi.
      • The framework agreement of ISA was opened for signatures on the sidelines of CoP22 to the UN Framework Convention on Climate Change at Marrakech, in Morocco.
      • ISA is an alliance of 121 solar resource-rich tropical countries.

 

  • China’s First Female J-10 Pilot Dies

 

      • China is mourning the death of Yu Xu, the country’s first female J-10 jet pilot who was killed during an aerobatic training session.
      • Yu was hit by the the wing of another aircraft after ejecting from her plane.
      • Yu from Sichuan province, joined the air force in 2005.
      • She was the first of four female pilots to qualify to fly the two-seater, multi-role J-10 fighter jet.

 

  • Mohamed Morsi Death Sentence Overturned

 

      • Egypt’s Court of Cassation overturned a death sentence against deposed president Mohammed Morsi of the Muslim Brotherhood and ordered a retrial.
      • He was sentenced to death in June 2015 in connection with a mass jail break during Egypt’s 2011 uprising.
      • He was overthrown in mid-2013 by then-general Abdel Fattah al-Sisi.
      • Mass trials have been held for thousands of Muslim Brotherhood supporters.

 

  • India, China Joint Training Exercise

 

      • The sixth edition of India-China Joint Training Exercise “Hand in Hand 2016” has started in Pune, Maharashtra.
      • The aim of the bilateral military exercise is to share the expertise in drills and practices while tackling insurgency and terrorism.
      • The Hand-in-Hand joint training exercise is in continuation of the series of joint exercises between both countries.

 

  • Parliament Winter Session Begins

 

      • The winter session of the Parliament opened.
      • On the first day of Winter session of parliament, Lok sabha adjourned for the day after paying tribute its passed away members.
      • During the month long session, nine new bills including on GST and surrogacy regulation are expected to be introduced.
      • The issue of demonetisation of old 500 and 1000 rupee notes is set to echo in the winter Session.

 

  • Committee for Inter- Linking of Rivers

 

      • The Union Cabinet chaired by PM Modi has approved constitution of ‘special committee for inter-linking of rivers’ in compliance with a 2012 Supreme Court order.
      • The move will help in monitoring precious projects to be carried out under its National Perspective Plan, 1980.
      • Status-cum-progress report of the special committee will be submitted bi-annually to Cabinet.

 

  • Zakir Naik’s NGO Declared Illegal

 

      • The Union Cabinet gave a go-ahead to declare the NGO Islamic Research Foundation (IRF) run by  Zakir Naik as an unlawful association which disturbed social and communal harmony.
      • It is placed under a ban for five years.
      • Banning any organisation under the Unlawful Activities Prevention Act requires an approval by the Cabinet.
      • A Tribunal will be set up where Dr. Naik could challenge the ban.

 

  • Tajamul Wins Gold at Kickboxing Champ

 

      • Eight-year-old Tajamul Islam from India scripted history at the World Kickboxing Championship in Italy.
      • Tajamul defeated her rival from the United States to become the world champion in kickboxing.
      • She made India proud, by becoming the first player ever from the sub-junior category to clinch a gold medal.
      • She won six games in a 5 day long championship in which 90 countries had participated.

 

  • Marsh Steps Down as Australia Selectors

 

      • Rod Marsh has resigned as Australia’s chairman of selectors in the wake of the test team’s 2-0 series loss to South Africa.
      • Marsh was appointed chief selector in May 2014, replacing John Inverarity.
      • He was previously Cricket Australia’s manager of elite coaching development, head of the Australian Cricket Academy & and worked for the England and Wales Cricket Board.

 

  • Padmini Wins National Women Chess Champ

 

      • International Master Padmini Rout has won the 2016 National Women Premier Chess Championship.
      • With this win, she has scored a hat-trick in the National Women Premier Chess Championship.
      • S Vijayalakshmi of Air India won silver medal while Eesha bagged bronze.
      • The victory ensured that Padmini will be a part of the Indian women team in the next World team chess championship.

 

  • Samsung to Buy Harman

 

      • Samsung Electronics has agreed to acquire auto-systems maker Harman for $8 billion.
      • Samsung will pay $112.00 per share in cash for the Stamford, Connecticut-based company, making the acquisition Samsung’s biggest ever.
      • Harman provides connected cars and audio systems with safety and entertainment features
      • Last month, the company bought artificial intelligence firm Viv Labs.

 

  • Cyrus Mistry Removed as TGBL Chairman

 

      • Cyrus Mistry was voted out as chairman by the board of the Tata Global Beverages, the second listed firm of $103 billion Group to remove him.
      • 7 out of 10 directors at the board meeting of Tata Global Beverages voted for removal of Mistry as chairman.
      • Tata Global Beverages named company veteran Harish Bhat as its new chairman.
      • Bhat is believed to be a confidant of Ratan Tata.

 

  • Viacom Buys Telefonica’s Telefe

 

      • Viacom had bought Argentine broadcaster Television Federal SA (Telefe) from telecom carrier Telefonica SA for $345 million in cash.
      • The deal to buy the Spanish-language network and content producer is part of Viacom’s plan to boost its presence in Argentina and Latin America.
      • The company has 12 pay-TV networks, including Nickelodeon, Nick Jr., Comedy Central, Paramount Channel and VH1.

 

  • Check Against Repeated Exchange of Notes

 

      • The govt has announced a raft of measures to unclog the replacement of withdrawn currency with new banknotes.
      • Economic affairs secretary Shaktikanta Das said banks will mark with indelible ink the fingers of people exchanging old currency at counters.
      • It aims to stop them from coming back repeatedly & choking queues.
      • The process similar to the indelible ink used in elections to tag voters.

 

  • Government Hikes Prices Of Wheat, Pulses

 

      • The Government has hiked the Minimum Support Price (MSP) of wheat by 100 rupees per quintal and pulses by up to 550 rupees a quintal.
      • It aims to boost the output of these rabi crops and check prices.
      • This decision was taken in a meeting of Cabinet Committee on Economic Affairs (CCEA) in New Delhi.
      • The CCEA approved 100 rupees per quintal hike in wheat MSP to 1,625 rupees per quintal.

 

  • WPI Inflation Dips to 3.39% in Oct

 

      • Wholesale price inflation eased to 3.39% in October this year against 3.57% in September and minus 3.7% in October last year.
      • Wholesale price inflation in vegetables was -65.97%.
      • But wholesale inflation in pulses was 21.8% in October, according to Commerce Ministry data.

 

  • Union Budget 2017 on 1 Feb

 

      • The government has announced that budget will now be presented on 1 February.
      • The Cabinet on 21 September had in-principle decided to end the colonial-era tradition of presenting the budget on the last working day of February.
      • The earlier practice was inherited from the colonial era, when the British Parliament would pass the budget in the noon followed by India in the evening of that day.

 

  • Federal Bank to Open its Overseas Branch

 

    • Federal Bank has received RBI’s permission to open its first international branch at the Dubai International Financial Centre.
    • The proposed branch at Dubai will help the Bank serve its Non-Resident clientele better.
    • The private sector bank operates through a branch network of 1,252 branches and 1,524 ATMs.
    • The Bank’s total business mix stands at Rs. 1.37 Lakh Crore as at March 31, 2016.

Current Affairs 17th November 2016

 

  • Google Launches Photo- Scanning App

 

      • Tech giant Google has rolled out a new scanning app Google PhotoScan  that allows users to scan and digitise physical photographs.
      • The free standalone app detects edges, straightens the image, rotates it to the correct orientation and removes glare.
      • Scanned photos can be saved in one tap to Google Photos to be organised, searchable, shared and safely backed up at high quality.

 

  • Turkey Names New Ambassador to Israel

 

      • Turkish President Recep Tayyip Erdogan named a new ambassador to Israel,reciprocating a move by Israel.
      • IKemal Okem will assume his duties in Tel Aviv with immediate effect.
      • Israeli-Turkish relations broke down in 2010 when 10 Turkish pro-Palestinian activists were killed by Israeli commandos.
      • Israel agreed to pay out $20 million to the families of those killed.

 

  • House OKs Bills to Renew Iran Sanctions

 

      • The US Congress has passed a bill seeking to extend sanctions on Iran for another ten years.
      • Lawmakers voted 419-1 in favor of extending the Iran Sanctions Act, the foundation of a range of U.S. sanctions against Iran.
      • In July 2015, Iran signed a historic deal with the P5+1 group of countries to maintain a peaceful nature of nuclear program in exchange for sanctions relief.

 

  • Beijing issue Orange Alert for Pollution

 

      • Beijing & its adjacent area have issued an orange alert for heavy air pollution.
      • The orange alert, the second highest in the four-tier warning system.
      • Beijing Vice Mayor Zhang Gong ordered implementation of full emergency measures, including restrictions on coal burning, production & heavy trucks.
      • The smog is expected to disperse when a cold front is forecast to arrive in north China.

 

  • Sonam Kapoor to be Honoured

 

      • Sonam Kapoor is set to be honoured with the best actress award for her performance in ‘Neerja’ at the Asia Vision Movie Awards to be held in Dubai.
      • The actress won rave reviews and accolades for her portrayal of slained Pan Am flight attendant Neerja Bhanot in the Ram Madhvani directed film.
      • Earlier this year she won the critics choice award at the Hello Hall of Fame, for the role.

 

  • Punjab Assembly Passes Resolution on SYL

 

      • Punjab Assembly unanimously passed two resolutions on the SYL issue, directing the state govt not to hand over land to any agency.
      • Also directed not to allow anyone to work for the construction of the Sutlej Yamuna Link canal.
      • The second resolution said the State govt should take up the matter with the Centre & neighbouring states for levying cost and royalty on the release of water.

 

  • Aadhaar Toll-Free Helpline Launched

 

      • Revamped Aadhaar Toll-Free Helpline No. 1947 launched.
      • It will bring convenience to Aadhaar holders, provide solutions anytime, anywhere.
      • It enable residents to locate an Aadhaar Enrolment Centre, know generation status of an Aadhaar number (after enrolment) and help retrieve Aadhaar details.
      • On an average the helpline number handles about 1.5 lakh calls per day.

 

  • Akhilesh Inaugurates Gomti River Front

 

      • Uttar Pradesh CM Akhilesh Yadav inaugurated the Rs 1500-crore Gomti riverfront development project & Gaus Mohammad Stadium in Lucknow.
      • Under this project, a diaphragm wall has been made on both banks of the Gomti river to channel its waterflow.
      • The land between the waterway and the embankment has been developed for public use.
      • The stadium is named after ace lawn tennis player Gaus Mohammad.

 

  • DRDO Rustom-2 Flies For The First Time

 

      • Rustom-2, the unmanned combat air vehicle (UCAV) developed by DRDO, successfully completed its first flight in Challakere, about 200km from Bengaluru.
      • The vehicle reportedly has a wing span of 20 metres & an endurance time ranging from 24 to 30 hours.
      • Hindustan Aeronautics Ltd & Bharat Electronics Ltd partner Defence Research & Development Organisation( DRDO) in the development of Rustom-2.

 

  • IBC Signs Deal to Boost Pro Boxing

 

      • The Indian Boxing Council (IBC) and Sporty Solutionz signed a 5-year commercial deal.
      • Under which the Sporty Solutionz  will pump a huge amount worth Rs. 100 crore to give a boost to professional boxing in India.
      • The investment is made in order to make India the global hub for profession boxing in the next five years.
      • This step will give active boxers an opportunity to compete and earn.

 

  • Cricket Australia Names Hohns Interim Chairman

 

      • Cricket Australia appointed former test spinner Trevor Hohns interim chairman of selectors.
      • Greg Chappell will also join the selection panel on an interim basis with Mark Waugh & Darren Lehmann.
      • The appointments were made at an extraordinary meeting of the Cricket Australia board following Marsh’s decision to stand down.
      • Marsh’s resignation followed Australia’s loss to South Africa.

 

  • SSP Chawrasia Wins Asian Tour Title

 

      • Indian golfer SSP Chawrasia lifted his first Asian Tour title outside the country after prevailing at the second play-off hole to win the $1 Million Resorts World Manila Masters.
      • It is his first Asian Tour title outside India.
      • He birdied the 18th play-off hole twice to clinch victory over Sam Chien of the United States and Malaysia’s Nicholas Fung.

 

  • Axis Bank to Launch Chat Bots

 

      • Axis Bank is set to launch intelligent banking chat bots to make mobile banking services more conversational.
      • The bank tied up with Active Intelligence Pte or Active.ai, a Singapore-based fintech platform.
      • It will enable customers to chat through its mobile banking app and messaging platforms such as Facebook messenger.
      • Chat bots are expected to reduce long-term costs for the bank.

 

  • Sun Pharma, Others Ink Pact for Malaria

 

      • Sun Pharma announced signing of agreement between Indian Council of Medical Research,Govt of M.P & Foundation for Disease Elimination & Control of India (FDEC- India) to launch the malaria-free India demonstration project in Mandla, M.P.
      • FDEC-India has been established by Sun Pharma as part of its corporate social responsibility initiative.
      • It aims To Eliminate malaria from India by 2030.

 

  • China Weakens Yuan to Eight-Year Low

 

      • China weakened the yuan’s fix against the dollar to a nearly eight-year low.
      • The central People’s Bank of China set the value of the yuan at 6.8495 to the greenback, down 0.30%.
      • China only allows the yuan to rise or fall two percent on either side of the daily fix.
      • During the presidential campaign Trump repeatedly accused China of keeping the yuan undervalued to boost exports.

 

  • Reliance Group Launches IoT Venture

 

      • Anil Ambani-led Reliance Group has launched UNLIMIT, an independent unit, which will provide Internet of Things (IoT) services.
      • Reliance Group, including its mobile network, has partnered with Cisco Jasper for the launch of this venture.
      • Internet of Things (IoT) – A connected network scheme in which everyday utility objects are connected in a network and can access each other.

 

  • Moody’s Affirms India’s Baa3 Rating

 

      • Moody’s Investors Service reaffirmed the lowest investment grade rating—Baa3—for India with a positive outlook.
      • The rating update comes days after S&P Global Ratings kept its sovereign credit rating for India unchanged at the lowest investment grade—BBB- with a stable outlook.
      • India has long held that such ratings are inherently biased against emerging economies.

 

  • Telangana Govt Inks Pact with Microsoft

 

      • Telangana government has signed an MoU with Microsoft Corporation India.
      • Under the MoU ,Microsoft will help the government to explore cloud, machine learning and mobile-based solutions to improve citizen services,education &agriculture.
      • The State has also launched an innovative ICT enabled solution for govt schools called TS-CLASS (Telangana State Computer Literacy & Skills in Schools).

 

  • Nepal Rastra Bank Stops INR Exchange

 

      • Nepal’s central bank stopped all transactions & exchange of Indian currency notes of Rs 1,000 & Rs 500 denominations.
      • It also requested RBI governor Urjit Patel to arrange exchange facilities for Nepalese.
      • Presently Rs 33.6 million in old currency notes within the financial system in Nepal.
      • Nepalese rely on Indian currency and have huge stock of high denomination notes.

 

  • Snapchat Files for $25 Billion IPO

 

    • Snapchat has filed for an initial public offering.
    • The Venice, California-based company could go public as soon as March and be valued at $20 billion to $25 billion.
    • It would be the largest U.S. technology IPO since Facebook Inc’s debut in 2012.
    • Snapchat filed with the Securities and Exchange Commission under the U.S. Jumpstart Our Business Startups Act.

Current Affairs 18th November 2016

 

  • Scientists Improves Photosynthesis

 

      • Scientists have improved the photosynthesis,most important biological process on the planet.
      • The breakthrough, published in the journal Science used genetic modification to increase the amount of sunlight energy crop plants can channel into food production.
      • That increased the yield in the experimental crop by 15%.
      • Researchers say this is a critical step towards increasing crop production.

 

  • Oldest Woman in Space Blasts off to ISS

 

      • Record holder astronaut Peggy Whitson has blasted off into space for her third mission to the International Space Station, ISS.
      • The veteran NASA astronaut is the first woman to have commanded the ISS.
      • She already holds the record for the longest time spent in space by a woman.
      • This time, turning 57 while on mission, she is the oldest woman in space.

 

  • Oldest Ten Commandments Carving Sold

 

      • The world’s earliest known stone carving of the Ten Commandments has been sold in an auction for $850,000 .
      • The marble slab, which is just over 60 centimeters high, is inscribed in an early Hebrew script called Samaritan.
      • It only includes nine of the original Biblical commandments; the 10th is a local Samaritan rule.
      • The carving was discovered in 1913 during the excavation.

 

  • Russia Withdraws from ICC Treaty

 

      • Russian President Vladimir Putin has approved an order to withdraw the nation from the process of joining the International Criminal Court (ICC).
      • Russia signed the Rome statute, which governs the ICC, in 2000 but never ratified the agreement to become a member.
      • The decision came after an ICC ruling that Russia’s activity in Crimea amounted to an “ongoing occupation”.

 

  • DNI James Clapper Resigns

 

      • US Director of National Intelligence James Clapper has submitted his letter of resignation.
      • He had been expected to step aside, as President-elect Donald Trump prepares to appoint his own officials.
      • Mr Clapper will remain in post until President Barack Obama leaves office.
      • Mr Clapper has authority over 17 different agencies including the Central Intelligence Agency (CIA).

 

  • China Wins Supercomputer Crown

 

      • China has retained the top spot in the list of the world’s fastest supercomputers for its ‘Sunway TaihuLight’.
      • TaihuLight is capable of performing 93 million billion calculations per second (petaflop/s).
      • It made its appearance in June, replacing the former champion, Tianhe-2, also a Chinese system.
      • It was built entirely using processors designed and made in China.

 

  • Mauritius PM inaugurates AYUR Herbarium

 

      • PM of the Republic of Maritius Anirood Jugnauth inaugurated AYUR Herbarium project in North Goa.
      • It is an initiative by the pharmaceutical major in association with Union AYUSH Ministry.
      • The Goa govt & Govt of Mauritius are actively collaborating on various projects
      • The medicinal herbarium is a fascinating collection of various Ayurvedic medicinal plants exhibited with informative details.

 

  • India Ranks 20th in CCPI 2017

 

      • India has been ranked 20th on Climate Change Performance Index (CCPI) 2017.
      • The publication was issued by Germanwatch and Climate Action Network Europe.
      • Although, India belongs to the ten largest CO2 emitting countries, per capita emissions are still relatively low,
      • The Climate Change Performance Index is an instrument designed to enhance transparency in international climate politics.

 

  • UoH Inks MoU with UK-based University

 

      • University of Hyderabad (UoH) signed an MoU with the UK-based University of Bradford (UoB) on polymer based materials for therapeutics for diseases like cancer and tuberculosis.
      • The collaborate research effort relies on novel nanotechnology based approaches to solving problems of current interest.
      • The results are expected to have great societal impact due to the nature of diseases involved.

 

  • J&K ex-Gov Lt Gen Sinha Passes Away

 

      • Former Jammu and Kashmir Governor Lt Gen SK Sinha passed away.
      • He led the first batch of Indian troops that entered Jammu and Kashmir when Pakistan raiders invaded in 1947.
      • He quit service after the government superseded him and appointed General AS Vaidya as the Army Chief.
      • He later served as the Governor of the state.
      • He also served as India’s Ambassador to Nepal and Governor of Assam.

 

  • SA Captain Charged with Ball Tampering

 

      • South Africa captain Faf du Plessis has been charged with ball tampering in the second Test win over Australia in Hobart.
      • Video footage appears to show, he licking his finger and shining the ball while eating a sweet.
      • Du Plessis was charged for breaching level two of the International Cricket Council code of conduct relating to changing the condition of the ball.
      • He has pleaded not guilty.

 

  • Sprinter Dharambir Handed 8 year Ban

 

      • Haryana sprinter Dharambir Singh has been slapped an eight-year ban by the National Anti-Doping Agency (NADA).
      • 200-metre runner Dharambir had returned positive for an anabolic steroid in an in-competition test conducted by the NADA in Bengaluru on July 11.
      • Since this was his second dope-related offence, the NADA Anti-Doping Disciplinary Panel has handed him a lengthier ban of eight years.

 

  • Chattisgarh Adopt Resolution on Demonetization

 

      • Chhattisgarh has become the first state to adopt a resolution welcoming the demonetisation of high-value currency notes.
      • The state Assembly adopted a resolution moved by Chief Minister Raman Singh welcoming the Centre’s decision.
      • The CM said, the decision was taken to flush out black money from the system.
      • It will usher in the clean transaction and clean money system.

 

  • Select Petrol Pumps to Dispense Cash

 

      • In a bid to ease cash crunch, the government allowed dispensing cash of up to Rs 2,000 through debit card swipe at select petrol pumps .
      • It has been decided to start this facility at around 2500 petrol pumps spread across the country.
      • POS machines are the machines which are generally used for debit or credit card transactions.
      • This facility will be available even after November 24, 2016.

 

  • Mastercard, RBL Launches Payment System

 

      • Mastercard announced the India launch of Masterpass QR, a quick response (QR) mobile payments solution.
      • It will help mobile banking users safely pay for face-to-face purchases using their smartphone.
      • Mastercard has tied up with Ratnakar Bank (RBL Bank).
      • It  has become the first lender to integrate the Masterpass QR service with its its mobile platform –the OnGo digital wallet.

 

  • Iran Overtakes Saudi as Top Oil Supplier

 

      • Iran has surpassed rival Saudi Arabia to become India’s top oil supplier in the month of October, according to shipping data.
      • India’s oil imports from Iran shot up this year after sanctions over its nuclear development programme, which limited exports, were lifted in January.
      • The surge is also due to Iranian price discounts, which attracted purchases from India’s programme.

 

  • Aditya Puri in Fortune’s Top Bizmen List

 

      • HDFC Bank’s Aditya Puri has been ranked 36th in the US magazine Fortune’s top 50 business persons list for 2016.
      • He has been ranked 36th in the list, which evaluates corporate leaders’ business performance.
      • AO Simith’s Ajita Rajendra is at 34 followed by Mastercard’s Ajay Banga at 40.
      • Facebook’s Mark Zuckerburg leads the list,Microsoft’s chief executive Satya Nadella has been ranked fifth.

 

  • South Indian Bank Got RBI Approval

 

      • South Indian Bank has received RBI approval to open a representative office in Dubai.
      • This office will be a major boost to the bank’s efforts to reach out to the NRI customers in the UAE,.
      • SIB provides remittance services to the NRI community in West Asia through Hadi Express Exchange.
      • SIB has also extensive arrangements with leading exchange houses in West Asia & Singapore.

 

  • Union Bank Loan Scheme for Start-ups

 

      • Union Bank of India has launched a loan product to support and promote start-ups.
      • The bank will provide working capital & term loan finance up to ₹5 crore at low interest rates and no processing fee.
      • This was announced at its 98th Foundation Day when it also felicitated five distinguished personalities.
      • They included Missionaries of Charity (St Teresa) in the field of social work.

 

  • Several Banks Slash FD Rates by up to 1%

 

    • Several banks have slashed their Fixed Deposit rates by up to 1% after the surge in deposits following demonetisation.
    • Canara Bank announced lowering its deposit rates in the range of 0.05 to 0.25%.
    • United Bank of India slashed rates of short-term deposits by 1%.
    • ICICI Bank and HDFC Bank cut their deposit rates by up to 0.25%

Current Affairs 19th November 2016

 

  • Nations Adopt Work Plan for Climate Pact

 

      • About 200 countries, including India, adopted a work plan for the implementation of Paris climate agreement by 2018 during an important UN summit in Marrakech.
      • The Marrakech climate change summit also underline the urgent need for early action on part of developed countries for emission reduction.
      • The decision sets up the stage for an early implementation of the Paris agreement.

 

  • 19-Nov: World Toilet Day

 

      • World Toilet Day is a United Nations (UN) observance, on Nov 19.
      • The day highlights a serious problem – 2.5 billion people in the world do not have access to proper sanitation.
      • PM Modi’s Swachhta Mission has become popular to spread the importance of cleanliness and sanitation.
      • The World Bank Group is aligning to help countries achieve the target of universal access to sanitation by 2030.

 

  • Zika Virus No Longer an Emergency – WHO

 

      • The World Health Organization declared an end to its global health emergency over the spread of the Zika virus.
      • The world health body’s emergency committee Chair Dr David Heymann said, the Zika virus remains a highly significant & long term problem, but it is not any more a public health emergency.
      • Brazil Health Minister Ricardo Barros said that they are not yet ready to lower their guard.

 

  • Donald Trump Picks Michael Flynn as NSA

 

      • US President-elect Donald Trump has announced key Cabinet picks, with the post of National Security Adviser going to his military Adviser Michael Flynn.
      • Mr Flynn is a retired United States Army Lieutenant General & former director of the Defence Intelligence Agency.
      • Mr Trump chose Republican Senator Jeff Sessions as his Attorney General and Congressman Mike Pompeo as Director of the CIA.
    • Trump Agrees to $25mn Settlement
      • Donald Trump agreed to pay $25 million to settle lawsuits against his now-defunct Trump University for real estate investors.
      • The agreement came 10 days before jury selection was scheduled to begin in one of three cases.
      • The complaints accused Trump University of defrauding students who paid up to $35,000 a year to enroll in programs that promised to share Mr. Trump’s real estate secrets.

 

  • Chourasia Get Lifetime Achievement Award

 

      • Noted flautist Pt Hari Prasad Chourasia was conferred this year’s Sumitra Charat Ram Award for lifetime achievement in the field of Indian classical music.
      • The prestigious award was given by Lt Governor Najeeb Jung.
      • The award is given to individuals who have excelled in the field of Indian classical dance and music or other disciplines of the Indian art and culture.

 

  • International Conference on Brucellosis

 

      • The International Conference on Brucellosis 2016 & the 69th meeting of the International Society on Brucellosis was inaugurated in New Delhi.
      • The three day conference has been organised by the Department of Biotechnology (DBT) in collaboration with Indian Council for Agriculture Research (ICAR).
      • Brucellosis is an infectious disease caused by bacteria belonging to the genus Brucella.

 

  • PM Inaugurates Rail Vikas Shivir

 

      • PM Narendra Modi addressed the Rail Vikas Shivir at Surajkund through video conferencing.
      • The Prime Minister emphasized that Indian Railways has to develop and be financially strong.
      • He said this will benefit India and particularly those working for the Railways.
      • The programme will seek to generate innovative yet practical ideas in the most crucial areas of rail operations.

 

  • Navy Induct Sonars To Boost Surveillance

 

      • Navy has formally inducted four types of indigenously developed sonars.
      • The systems included Abhay – compact hull mounted sonar for shallow water crafts, Humsa UG – upgrade for the Humsa sonar system, NACS – Near-field Acoustic Characterisation System & AIDSS – Advanced Indigenous Distress sonar system.
      • The systems have been designed and developed by NPOL, a Kochi based laboratory of DRDO.

 

  • Quami Ekta Week Begins

 

      • The Communal Harmony Week or Quami Ekta Week is being observed across the country.
      • The week is observed to highlight the strength & resilience of the nation to withstand any potential threats to the secular fabric.
      • National Foundation for Communal Harmony, an autonomous organisation with the Union Home Ministry, organises Communal Harmony Campaign coinciding with the Qaumi Ekta Week.

 

  • IOC Strips 10 Athletes of Olympic Medals

 

      • The International Olympic Committee stripped 10 athletes of medals from the 2008 Olympics after banned substances were found during retests of samples from the games.
      • The IOC says the 10, nine of whom hail from former Soviet nations, had all tested positive for various steroids.
      • No gold medalists were among the 10, though there were three silver medalists from weightlifting & wrestling.

 

  • Mahela Jayawardene Replaces Ponting

 

      • Former Sri Lankan captain Mahela Jayawardene has been appointed as the new head coach of the Indian Premier League team Mumbai Indians.
      • Jayawardene’s appointment has come in the wake of Ricky Pointing – coach for the previous two years – contract coming to a close.
      • Jayawardene will take charge of the Mumbai Indians for the upcoming 2017 edition of the Indian Premier League.

 

  • Sindhu into Semifinals of China Open

 

      • Rio Olympics silver medallist PV Sindhu has advanced to the semifinal of the Thiahot China Open Super Series tournament in Fuzhao.
      • PV Sindhu got the better of China’s He Bingjiao 22-20, 21-10 in 30 minutes.
      • She will now play South Korea’s Ji Hyun Sung for a place in the final.
      • Sung defeated Japan’s Akane Yamaguchi 22-2010-2121-18.
      • Meanwhile, it was curtains for Ajay Jayaram.

 

  • Gitanjali Gems Loses SEZ Project

 

      • The government has approved the cancellation of Gitanjali Gems’ special economic zone (SEZ) project in Maharashtra.
      • A decision regarding this was taken by the board of approval
      • The company’s SEZ was notified on June 9, 2008, & a formal approval expired on October 24, 2011.
      • The developer could not get green zone converted to industrial zone even after lapse of eight years from notification.

 

  • Reliance Global Call Launches New App

 

      • Reliance Communication’s international calling service Reliance Global Call launched an app RGC India.
      • It will allows international calling at Rs 1.4 a minute.
      • This app will enables direct-dialing of international contacts, without the need to enter toll-free number or PIN numbers.
      • This service is available to all mobile phone and land-line users.

 

  • India, Cyprus Ink New Tax Pact

 

      • India & Cyprus signed a new double tax avoidance Agreement (DTAA) under which capital gains tax will be levied on sale of shares on investments made after April 1,2017.
      • The latest pact would replace the existing DTAA which was in place since 1994.
      • It  provides for source based taxation of capital gains
      • The agreement provides for assistance between the two countries for collection of taxes.

 

  • India,UK Sign 3 Advance Pricing Agmt

 

      • India & the UK have signed three Bilateral Advance Pricing Agreements (APAs) .
      • These three pacts cover international transactions in the nature of payment of intra-group service charges and pertain to the telecom industry.
      • With this, India and the UK have concluded five bilateral APAs.
      • The APAs are also meant to address complex transfer pricing issues in a fair and transparent manner.

 

  • Vodafone Ties up with Google Cloud

 

      • Vodafone Business Services (VBS),announced it has tied up with Google Cloud to offer G Suite to bring people together and help them work smarter.
      • The “G Suite” has a set of intelligent apps — Gmail, Docs, Drive, Calendar, Hangouts designed with real-time collaboration and machine intelligence.
      • Vodafone enterprise customers can conveniently and securely access G Suite in a pay-per-use.

 

  • Catholic Bank to Appoint C.V.R Rajendran

 

      • The RBI has granted approval for appointment of C.V.R. Rajendran as the MD & CEO of Catholic Syrian Bank for a period of three years.
      • Rajendran is currently holding the position of Chief Executive Officer of the Association of Mutual Funds of India.
      • Prior to this, he has held other key positions like Chairman and Managing Director of Andhra Bank & Executive Director at Bank of Maharashtra.

 

  • Canara Bank Introduces ATM on Wheels

 

    • Canara Bank has introduced ATM on wheels vehicles to ease the burden on the people after a mad rush was witnessed due to the demonetisation of Rs 500 and Rs 1000 notes.
    • It has brought relief to stranded customers by introducing the mobile ATM that are stationed at strategic locations across.
    • The mobile ATM van has given its services at Kolar district and in Bangalore rural district

Current Affairs 20th November 2016

 

  • Archaeologists unearth ruins in China

 

      • Archaeologists have unearthed 1000-year-old ancient building ruins believed to be dating back to the Jin and Yuan dynasties in China’s northern Hebei province.
      • The ruins of an ancient hearth, fire pits and wall footings are discovered.
      • Staff working at the site have also unearthed a 6-meter-wide main road, flanked on both sides by the ruins of buildings.

 

  • A silken touch to healing

 

      • A Bengaluru-based company has developed a silk protein-derived product which can be used in place of the traditional dressing for wounds.
      • The dressing is produced from cut cocoons after the silkworm has left the cocoon, and so is a cleaner alternative to collagen dressings.
      • The product Fibroheal was developed by Sericare, a division of Health Line Private Limited.

 

  • Cilic confirms return to Chennai Open

 

      • World No. 6 Marin Cilic will be the biggest international star in the singles field at the upcoming Chennai Open, scheduled to begin on January 2.
      • The 2014 U.S. Open champion confirmed his participation in India’s premium event at the SDAT tennis stadium in Nungambakkam.
      • “I hope to break into the top five, and the top three, this year” he said.

 

  • SBI employee dies in bank

 

      • A 51-year-old employee of State Bank of India, handling the cash counter at a city branch died.
      • He collapsed during a rush of people who had come to exchange the demonetised currency notes, a bank official said.
      • The deceased, identified as Rampantula Venkatesh Rajesh, was a customer service assistant at the Gandhi Nagar branch of SBI.

 

  • Boeing to invest in new factory in India

 

      • Boeing will invest in a brand new factory in India and create an entire aviation ecosystem as far as its ‘Make in India’ plans for its fighter aircraft the F/A-18 Super Hornet are concerned, said the company’s F/A-18 Program vice-president Dan Gillian.
      • He was speaking to a visiting Indian media team now in the U.S.
      • It will create aviation ecosystem for its ‘Make in India’ plans.

 

  • RBI proposes ‘Islamic window’ in banks

 

      • The Reserve Bank of India has proposed opening of “Islamic window” in conventional banks for “gradual” introduction of Sharia-compliant or interest-free banking in the country.
      • Centre & RBI are exploring the possibility of introduction of Islamic banking for long to ensure financial inclusion of those sections of the society.
      • Islamic banking may be introduced in India in a gradual manner.

 

  • Sindhu wins maiden Super Series

 

      • Olympic silver medallist P.V. Sindhu clinched her maiden Super Series Premier title after edging out Sun Yu of China in the finals of the USD 700,000 China Open badminton tournament.
      • Sindhu, who became the toast of the country after becoming the first Indian women to win a silver at Rio Games, continued her rampaging run.
      • She lifted the title after beating Sun by 21-11 17-21 21-11.

 

  • Indore-Patna express train derails

 

      • In the worst rail accident in recent years, over 100 passengers were killed and more than 200 injured, when 14 coaches of the Indore-Patna Express derailed in Kanpur on Sunday.
      • The tragedy could have been caused due to a rail fracture, according to sources in the Railways.
      • Four sleeper coaches of the train — S1, S2, S3, S4 — were badly damaged in the accident.

 

  • India as Vice Chair of Kimberly Scheme

 

      • India has been elected as the Vice Chair for 2018 and Chair for 2019 of KPCS.
      • The announcement was made at the recently held KP Plenary Meeting 2016 at Dubai.
      • Earlier, India had held this position of KP Chair in 2008.
      • India has been an important member in the world gem and jewellery industry and this position as chair of KPCS reinforces our position and acceptance by the world.

 

  • ITPO to participate in INTERMODA fair

 

      • India Trade Promotion Org. is holding India’s country level participation in IM INTERMODA-International Apparel & Textile Fair at Expo Guadalajara Exhibition Centre from January 17 to 20, 2017.
      • Being a regular participant, ITPO aims to provide an excellent business opportunity in high potential Mexican markets.
      • This attracts a large number of buyers from North & Latin American regions.

 

  • Kala Utsav 2016 concluded

 

      • The Kala Utsav, an annual festival to celebrate the talent of school children concluded on 18 Nov in New Delhi
      • It concluded with the presentation of awards in 4 segments of music, dance, theatre & visual arts
      • Speaking on the occasion Dr. Mahendra Nath Pandey appreciated the initiative of PM Modi and Prakash Javadekar to bring out the latent talent of school children in various forms of art

 

  • Afterimage: Portrays power & art

 

      • The passionate biopic ‘AfterImage’ a film directed by the legendary Polish Director Andrzej Wajda, portrays the complex relationship between Power and Art.
      • The film does not ask questions, but puts out questions and compels people to contemplate on the issues involved.
      • This was stated by the Producer of the film Michal Kwiecinski, while briefing the media in Goa.

 

  • A Battery Car steals the show at IITF

 

      • A battery car developed and commercially produced by CSIR-CECRI and CSIR-CMERI, in collaboration with Mahindra steals the show at the ‘Energy’ theme at the 36th India International Trade Fair 2016.
      • It was a Lithium-ion battery powered 4-door electric car.
      • As a part of ‘Platinum Jubilee Techno Fest’, different themes-based activities are being organized at the IITF.

 

  • Trade Fair had over a lakh footfall

 

      • India International Trade Fair opened for general public from 19th November 2016.
      • The weekend attracted over a lakh visitors to Pragati Maidan.
      • Increase in visitorship is due to reduction in price of tickets from Rs. 120/- to Rs. 100/-.
      • Pragati Maidan not only offers business opportunities at trade fair but also cultural events and varieties of eateries of almost all states.

 

  • CM flags off ‘Digital India Campaign’

 

      • Arunachal Chief Minister Pema Khandu flagged-off the ‘Digital India Outreach Campaign Van’.
      • The CM appealed to his legislator colleagues to extend full cooperation and support to the ‘Outreach Campaign Van’.
      • Various Digital India program and products have been launched to provide several government services to the people using IT and to integrate the government departments.

 

  • Global Citizen Festival starts in Mumbai

 

      • Coldplay, the British rock band that has doled out several memorable tracks including Sky Full Of Stars arrived at Global Citizen Festival 2016 India.
      • The concert that has the likes of Jay Z, Amitabh Bachchan, Shah Rukh Khan etc in performance is taking place just before the eighth anniversary of 26/11 Mumbai attacks.
      • It is symbolic of the spirit of Mumbai — the show must go on.

 

  • India 2 most talked about destination

 

      • Incredible India 2 Most Talked About Destination During World Travel Market 2016 in London WTM London.
      • The leading global event for the travel industry, is one of the must-attended 3-day business-to-business exhibition for the worldwide travel and tourism industry.
      • Almost 50,000 travel industry professionals, government ministers & international press, embark on ExCeL London every November.

 

  • Bill to declare Pak terrorist nation

 

      • Independent Rajya Sabha member Rajeev Chandrasekhar introduced a private member’s bill to declare Pakistan a terrorist state.
      • He promised to do this after Uri attack.
      • The reason behind the bill is to put the spotlight on the need for India to take a strong view on Pakistan as a terror state and to urge the government to take appropriate action to brand Pakistan a terrorist nation.

 

  • India’s solar capacity crosses 10,000 MW

 

      • India has achieved a major milestone in solar power capacity addition.
      • Cumulative solar capacity, including rooftop and off-grid segments, has crossed 10,000 MW in the country.
      • India is expected to become the world’s third biggest solar market next year, after China and the US.
      • An average annual capacity addition of 8-10 GW per annum is expected from next year.

 

  • SC refuses govt.’s rejection of judges

 

    • The Supreme Court Collegium has refused to accept the government’s rejection of 43 names of the 77 it had hand-picked for judicial appointments in High Courts.
    • The appointments of 34 names were done by the government.
    • The Supreme Court informed the government that it had reiterated every one of the 43 names that was sent back by the Centre to the Collegium for reconsideration

Current Affairs 21st November 2016

 

  • India Beat England in 2nd Test

 

      • India bowled England out for 158 to complete a 246-run win in the second Test on the fifth day in Visakhapatnam.
      • Indian captain Virat Kohli was announced as the Man of the Match.
      • India now lead the five-match series 1-0 – the third Test will be played in Mohali.
      • With the win over England, India has now remained unbeaten in consecutive 15 test matches.

 

  • NASA Launches Weather Satellite

 

      • NASA has successfully launched the “next generation” US advanced weather satellites GOES-R.
      • The US National Oceanic and Atmospheric Administration’s (NOAA) Geostationary Operational Environmental Satellite-R (GOES-R) will reach its final designated orbit in the next two weeks,.
      • GOES-R will provide more accurate and timely forecasts about hurricanes and storms.

 

  • Mother Teresa Award for Faraaz

 

      • Faraaz Ayaaz Hossain was awarded the Mother Teresa Memorial International Award for Social Justice for 2016.
      • He was one of the three Bangladeshi hostages killed in the terrorist attack on the Holey Cafe in Dhaka’s Gulshan diplomatic zone on July 1.
      • The award was conferred posthumously by the Harmony Foundation in Mumbai.
      • This is the first time the award has been conferred posthumously.

 

  • China Launches Quantum Communication

 

      • China has launched a quantum communication line of 712 kilometers in length that is meant to safely transmit sensitive information.
      • It is expected to be extended to 2,000 kilometers soon.
      • The line connecting Hefei, the capital of Anhui Province, and Shanghai, a coastal trade hub.
      • It transmitted a secure video conference between the two cities in one of its first test communications.

 

  • Angela Merkel to Stand for Fourth Term

 

      • Germany’s centre-right Chancellor Angela Merkel has announced that she will run for a fourth term in office.
      • General elections are expected in Germany next year.
      • Mrs Merkel’s poll ratings have slipped since the height of her popularity but she retains wide support.
      • The chancellor, who has been in office since 2005, is being challenged by the populist right-wing AfD party.

 

  • Sri Sri Ravishankar Gets Peace Prize

 

      • Spiritual guru Sri Sri Ravishankar was  honoured with an international peace prize for his efforts in ensuring world peace.
      • Home Minister Rajnath Singh gave away the “Dr Nagendra Singh International Peace Award” to the spiritual leader.
      • The award has been instituted in the memory of Dr Nagendra Singh, first Indian judge at International Court of Justice, Hague

 

  • INS Chennai Commissioned into Navy

 

      • Defence minister Manohar Parrikar commissioned INS Chennai, the third indigenously designed guided missile destroyer in the Kolkata class, in Mumbai.
      • The shilp was built at the Mazagon Dock Shipbuilders Ltd in Mumbai
      • INS Chennai is one of the largest destroyers in the Indian Navy’s fleet.
      • The ship is armed with supersonic surface-to-surface BrahMos & Barak-8 missiles.

 

  • India Conducts Twin Trial of Prithvi-II

 

      • India successfully test-fired its indigenously developed nuclear capable Prithvi-II missile twice in quick succession.
      • This was part of a user trial by the army from a test range at Chandipur in Odisha.
      • The two surface-to-surface missiles have a strike range of 350 km and are capable of carrying 500 kg to 1,000 kg of warhead
      • The missile is thrusted by liquid propulsion twin engines.

 

  • Govt Launches ‘Pehchan’ Identity Cards

 

      • Union textile minister Smriti Irani has launched a scheme of textile ministry ‘pehchan’ identity cards to artisans in Ahmedabad.
      • She distributed ‘pehchan’ cards to artisans from five clusters of Gujarat namely Jamnagar, Naroda, Surendranagar, Amreli & Kalol.
      • The upgraded Pehchan cards for the artisans will be linked with their Aadhar Card numbers as well as their bank accounts.

 

  • Film Festival of India Begins at Panaji

 

      • The 47th International Film Festival of India (IFFI) 2016 begins at Panaji in Goa.
      • Information and Broadcasting Minister Venkaiah Naidu inaugurated the festival.
      • Veteran Korean filmmaker Im Kwon Taek will be honoured with the Lifetime Achievement Award at the opening ceremony.
      • Polish drama film Afterimage directed by Andrzej Wajda will be the opening film.

 

  • PM Launches Pradhan Mantri Awaas Yojana

 

      • PM Modi has launched his flagship housing scheme Pradhan Mantri Gramin Awas Yojna in Agra.
      • Designed entirely for the rural masses, the ambitious scheme aims to provide affordable houses to all those living below the poverty line by the year 2022.
      • The scheme aims to provide about 3 cr new housing units countrywide.
      • The PM also distributed allotment letters to 50 beneficiaries of the scheme.

 

  • Hull Win the CME Group Tour Championship

 

      • England’s Charley Hull has won the CME Group Tour Championship by two shots to earn her first LPGA title.
      • The 20-year-old finished on a tournament record 19 under par to beat South Korea’s Ryu So-yeon.
      • World number one Lydia Ko was tied for 10th, while England’s Jodi Ewart Shadoff finished tied for 36th.
      • It Hull’s second title since turning professional in 2013.

 

  • Andy Murray win the ATP World Tour Final

 

      • Britain’s Andy Murray win his first ATP World Tour Finals title and end 2016 as the world number one.
      • Britain’s Andy Murray beat five-time champion Novak Djokovic to win his first ATP World Tour Finals title and end 2016 as the world number one.
      • The victory also ends Djokovic’s four-year run of success at the tournament and the Serb’s bid to equal Roger Federer’s record of six titles.

 

  • Eliud Wins Men’s Delhi Half Marathon

 

      • Reigning Olympic marathon champion Eliud Kipchoge of Kenya won the men’s race of Delhi Half Marathon.
      • Ethiopia’s Worknesh Degefa clinched the women’s title.
      • Kipchoge clocked 59 minutes and 44 seconds to cover the 21.097km distance.
      • Degefa clocked one hour, seven minutes and 42 seconds to clinch the title ahead of fellow Ethiopian Ababel Yeshaneh and Helah Kiprop of Kenya.

 

  • Manavjit Singh Clinches Gold Medal

 

      • Former world champion Manavjit Singh Sandhu clinched the gold medal in men’s trap event at the 60th National Shooting Championship for Shotgun in Jaipur.
      • He shot 117 in qualifying to reach the six-man final rounds in fourth spot.
      • He then shot 12 out of 15 birds in the semi-final stage to make it to the gold medal match.
      • He defeated silver winner Raninder Singh to seal the top spot.

 

  • Naidu commissions 5 MW Solar power plant

 

      • Andhra Pradesh Chief Minister N Chandrababu Naidu commissioned a 5 MW solar power plant on the Polavaram right canal bund at Gollagudem village in West Godavari district.
      • The plant will produce 8.06 million units of power annually.
      • The Centre has extended a capital subsidy of Rs 7.50 crore for this plant.
      • AP has currently has an overall installed capacity of 1000 MW of solar energy.

 

  • Mahesh Bhalla Appointed as Chief Mentor

 

      • Mahesh Bhalla, former Executive Director of Dell’s Consumer & SMB business in India, has been appointed as Chief Mentor of StartupsClub India.
      • StartUpsClub is the largest community for such ventures in India with over 10,000 plus entrepreneurs on its board.
      • It is an initiative that helps entrepreneurs build an ideal platform to create a conducive environment for starting an enterprise.

 

  • Australia’s Boral to Buy Headwaters

 

      • Boral Ltd , Australia’s biggest supplier of building materials, said it would buy Headwaters Inc for $1.8 billion in cash.
      • It will double its U.S. presence.
      • The combined entity would become the largest U.S. supplier of fly ash, a key ingredient in concrete.
      • Trump has said infrastructure spending will be a priority and aims to spend $1 trillion over 10 years.

 

  • SBI Plans to Raise Rs 5,681 crore

 

      • State Bank of India said it proposes to raise Rs 5,681 crore by issuance of preferential shares to the central govt, its majority shareholder.
      • The bank will take fresh approval to raise up to Rs 15,000 crore from various means, including public offer & overseas issuance of shares.
      • The funds raised will help the bank meet global risk norms, Basel III, which will kick in from March 2019.

 

  • BSE Opens Regional Office in Shimla

 

    • Leading stock exchange BSE opened its regional investor service centre in Shimla.
    • It was part of its efforts to expand its operations and in line with Sebi’s directives.
    • The exchange now has presence in 24 cities across the country.
    • The centre will facilitate query handling, redressal of grievances against trading members and arbitration mechanism.

Current Affairs 22nd November 2016

 

  • Egypt Court Overturn Morsi Life Sentence

 

      • Egypt’s Court of Cassation overturned a life sentence against deposed President Mohamed Mursi of the Muslim Brotherhood.
      • The Court ordered a retrial in the case that revolves around accusations of espionage with Palestinian group Hamas.
      • The court had last week overturned a death sentence against Mursi in a separate case, meaning he no longer faces execution.

 

  • Indian-American Felicitated with Award

 

      • Azamgarh-born Indian-American philanthropist Frank Islam has been felicitated with the Interfaith Leadership Award.
      • He was honored for his contributions towards the arts and higher education and support of interfaith dialogue.
      • He has been a staunch supporter of causes that promote diversity religious freedom and interfaith dialogue and cooperation.

 

  • US to Quit TPP Trade Deal

 

      • President-elect Donald Trump said that the US will quit the Trans-Pacific Partnership trade deal on his first day in the White House.
      • He made the announcement in a video message outlining what he intends to do first when he takes office in Jan.
      • The TPP trade deal was signed by 12 countries which together cover 40% of the world’s economy.
      • TPP aim was to deepen economic ties & boost growth.

 

  • Thai Princess Conferred Sanskrit Award

 

      • Thailand’s Princess Maha Chakri Sirindhorn was presented with the first ‘World Sanskrit Award’ for the year 2015.
      • Besides, American linguist and Indologist Prof. George Cardona was also presented with this award for the year 2016.
      • They were bestowed with the award by Vice President Hamid Ansari.
      • The award was instituted by the Indian Council for Cultural Relations (ICCR).

 

  • Ex-Governor of MP Ram Naresh Yadav Dies

 

      • Former Madhya Pradesh Governor Ram Naresh Yadav passed away.
      • He was a four-time MLA, a member of the Rajya Sabha and the former Governor of Madhya Pradesh.
      • He served as the Madhya Pradesh Governor from August 26, 2011 to September 7, 2016.
      • The veteran Congress leader was also Uttar Pradesh Chief Minister from 1977-79.
      • He was imprisoned for 19 months during the Emergency.

 

  • Scientists discover new exoplanet

 

      • Scientists have discovered a new ‘super Earth’ type exoplanet named as GJ 536b orbiting a very bright star near to our Sun.
      • The planet was jointly detected by Instituto de Astrofisica de Canarias (IAC) and the Geneva Observatory.
      • The planet has a mass of around 5.4 Earth masses. It is orbiting a star much smaller and cooler than the sun.

 

  • CM V Narayanasamy Wins Nellithope Seat

 

      • Chief Minister V. Narayanasamy was elected to the Puducherry assembly.
      • Narayanasamy trounced his nearest AIADMK rival by 11,144 votes by securing 18,709 votes.
      • The by-election was held following the resignation of Congress member John Kumar so that Narayanasamy could contest and continue as the Chief Minister.
      • Narayanasamy did not contest the assembly polls of May 2016.
    • India Becomes Associate Member of CERN
      • India & European Organization for Nuclear Research (CERN) signed an agreement making India an Associate Member State of CERN.
      • The agreement was signed by Dr. Sekhar Basu, Chairman, Atomic Energy Commission & CERN Director General Dr. Fabiola Gianotti.
      • India’s Associate Membership will strengthen the long-term partnership between CERN and the Indian scientific community.

 

  • India Test-Fires Agni-I Missile

 

      • India successfully test-fired its indigenously built nuclear capable Agni-I ballistic missile from a test range off Odisha coast, as part of a user trial by Army.
      • The surface-to-surface missile can hit a target 700 km away.
      • It was test-fired from a mobile launcher from the Integrated Test Range at Abdul Kalam Island, Wheeler Island.
      • he missile has already been inducted into the Army.

 

  • India’s Longest Expressway Opens in U.P.

 

      • Uttar Pradesh CM Akhilesh Yadav inaugurated the six-lane Greenfield Agra-Lucknow Expressway at Bangarmau in Unnao district of Uttar Pradesh.
      • Just before the inauguration, four Sukhoi jets from Bareilly & four Mirage 2000s from Gwalior landed upon the air strip built on the expressway.
      • The Lucknow-Agra Expressway is India’s longest expressway, with a length of 302-km.

 

  • AIFF will Bid for U-20 World Cup

 

      • All India Football Federation President Praful Patel has said that India will bid for the Under-20 FIFA World Cup in the next few years.
      • He said, that the country is keen to host the event at the earliest available opportunity in 2019.
      • India is hosting the Under-17 FIFA World Cup next year.
      • Under-17 global event will help in bidding for the Under-20 FIFA World Cup.

 

  • Gaganjeet Bhullar Wins Indonesia Open

 

      • Indian Golfer Gaganjeet Bhullar of India has won the 300,000 US Dollar BANK BRI-JCB Indonesia Open for the second time in his career.
      • He also won the event in 2013 & sealed his seventh victory on the Asian Tour & a second title this season.
      • With his win at the BANK BRI-JCB Indonesia Open, Bhullar is now the fifth player win the event twice.
      • Jeev Milkha Singh finished tied second.

 

  • Quikr Buys Grabhouse in All-stock Deal

 

      • Online classifieds company Quikr India Pvt. Ltd has acquired home rental start-up Grabhouse in an all-stock deal.
      • The two companies didn’t disclose the size of the deal.
      • Grabhouse will continue operations as an independent brand for managed rental homes
      • In January Quikr acquired realty portal Commonfloor also in an all-stock transaction.

 

  • IRCTC, FreeCharge Ink Deal

 

      • IRCTC (Indian Railway Catering & Tourism Corporation) has forged an alliance with FreeCharge & MakeMyTrip.
      • It will help people in making faster & easier reservation of tickets.
      • FreeCharge is one of India’s fastest growing online payment entities.
      • Passengers can now pay through their FreeCharge wallet in just 10 seconds, both during tatkal and normal hours while booking their tickets.

 

  • Oracle to Buy Web Service Provider Dyn

 

      • Oracle announced that it acquired the DNS provider called Dyn.
      • Dyn came into the public eye after it was hit by a large-scale internet attack in Oct that left websites unreachable..
      • It is among a handful of companies operating domain-name systems that help direct traffic across the internet.
      • Its services are crucial cogs in helping internet users reach websites by allowing web addresses.

 

  • Google Launched Virtual Exhibition

 

      • Google with the help of its cultural arm Google Arts & Culture launched a virtual artwork and exhibition showcasing the achievements of the Indian women in the country.
      • Women in India: Unheard Stories,’ is a collection of over fifty virtual exhibitions with more than 1,800 artworks, photographs and videos.
      • This project is an effort to recognise the impact of Indian women in history.

 

  • Novartis Acquire Selexys Pharmaceuticals

 

      • Swiss-based pharmaceuticals giant Novartis said it is acquiring Selexys Pharmaceuticals Corp in a deal worth up to $665 million (€627 million).
      • Selexys Pharmaceuticals is  a US research lab in blood and inflammatory disorders
      • Selexys specialises in sickle cell disease, an inherited form of anaemia.
      • The drug, called SelG1, aims at easing the so-called vaso-occlusive pain crises.

 

  • Relief for Farmers Ahead of Rabi Season

 

      • The Centre has taken more steps to ease the cash flow for farmers after demonetisation of old 500 and 1000 rupee notes.
      • Farmers can now purchase seeds with old 500 rupee notes.
      • This comes on the back of permitting farmers to withdraw up to 25,000 rupees per week from their KYC compliant accounts.
      • Govt has decided to provide 60 days more for repayment of housing, car, farm and other loans..

 

  • Rs 50,000/week Withdrawal from Overdraft

 

      • The Reserve Bank said overdraft and cash credit account holders can now withdraw up to Rs 50,000 in a week.
      • Earlier, current account holders were allowed to withdraw up to Rs. 50,000 in cash, in a week.
      • Accordingly, holders of current/overdraft/cash credit accounts, which are operational for the last three months or more, may now withdraw up to Rs. 50,000 in cash, in a week.

 

  • RBI Permits Withdrawal for Wedding

 

    • RBI has said that banks can disburse 2 lakh 50 thousands rupees to members of public who have a wedding in their family on or before December 30, 2016.
    • It said that withdrawal can be made by either of the parents or the person getting married.
    • RBI has asked banks to fully verify that the amount proposed to be withdrawn is to be used for payment to persons who do not have a bank account.

Current Affairs 23rd November 2016

 

  • Storm Otto Turns into Hurricane

 

      • Storm Otto became a hurricane off the Caribbean coast of Nicaragua.
      • The US-based National Hurricane Center said, with additional strengthening expected over the next couple of days.
      • It said that the storm was gaining maximum sustained winds of 75 miles per hour (121 km/h).
      • It is anticipated to approach the coasts of Costa Rica and Nicaragua.

 

  • Obama Hits 1,000 Mark for Commutations

 

      • US President Barack Obama has shortened sentences for 79 more people and has surpassed the 1,000 mark for commutations granted during his presidency.
      • President Obama has commuted more sentences than the past 11 presidents combined.
      • Most of those who have received clemency are non-violent drug offenders.
      • Obama has been calling for years for phasing out strict sentences for drug offenses

 

  • South Korea Approves Deal with Japan

 

      • South Korea President Park Geun-hye approved a military intelligence-sharing pact with Japan.
      • It is aimed at countering the North Korean threat.
      • Currently, Japan and South Korea use Washington as an intermediary when sharing intelligence on North Korea.
      • But South Koreans are wary of cooperating too closely with Japan, which ruled Korea as a colony for 35 years until the end of World War II.

 

  • BBC’s 100 Most Influential Women -1

 

      • BBC’s 100 Women unveiled its chosen list of inspirational women for 2016.
      • From amongst 100 globally chosen women, the list also includes five Indians- Bollywood actress Sunny Leone , Mallika Srinivasan, Neha Singh, Saalumarada Thimmakka and Gouri Chindarkar.
      • Mallika Srinivasan is the CEO of Tractors and Farm Equipment Ltd (TAFE) & also known as the ‘Tractor Queen of India’.

 

  • Portuguese PM to be Chief Guest

 

      • António Costa, the Indian origin prime minister of the Republic of Portugal will be the chief guest at the 14th Pravasi Bharatiya Divas (PBD).
      • PBD Convention will be held from January 7 to 9, 2017 in Bengaluru.
      • The Portuguese PM has accepted an invitation from PM Modi.
      • Surinam Vice president Michael Ashwin Satyandre Adhin will be the Special Guest at the Youth Pravasi Bharatiya Divas (PBD).

 

  • Mukul Wins Shakti Bhatt First Book Prize

 

      • Senior journalist at the Times of India Akshaya Mukul has been awarded the Shakti Bhatt First Book Prize 2016.
      • He has been awarded for his book Gita Press & the Making of Hindu India.
      • The jury member comprising of Samanth Subramanian, Mahesh Rao & Janice Pariat described the book to be “eyeopening and captivating”.
      • The Shakti Bhatt First Book Prize was set up in 2008 to encourage authors.

 

  • Carnatic Musician Balamuralikrishna Dies

 

      • Veteran Carnatic musician Dr M Balamuralikrishna passed away.
      • The singer is credited with pioneering and engineering distinguished styles, having created his own Ragas.
      • He caught the nation’s attention in Doordarshan’s iconic music video ‘Mile Sur Mera Tumhara’ in the eighties
      • He was conferred the Padmavibhushan, the second highest civilian honour in the country, in 1991.

 

  • Acclaimed Physicist MGK Menon Dies

 

      • Professor MGK Menon, an acclaimed physicist has passed away.
      • He had played a prominent role in the development of science and technology in the country over the last five decades.
      • He had headed the Indian Space Research Organisation in 1972 as its Chairman.
      • He served as a Minister of State for Science and Technology and Education in the V.P Singh government.

 

  • Indian Woman Wins Top Bravery Award

 

      • India’s first female Merchant Navy captain Radhika Menon has become the first woman to be awarded by the IMO for her exceptional bravery.
      • She  received her medal and certificate of commendation at an awards ceremony at the International Maritime Organisation (IMO) headquarters.
      • She was awarded for the dramatic rescue of seven fishermen from a sinking fishing boat in tumultuous Bay of Bengal.

 

  • ICC Nullifies Ball Tampering Allegations

 

      • Allegations of ball tampering leveled against Indian Test captain Virat Kohli by a British tabloid did not hold much ground as per the specific clauses in the ICC’s Rules and Regulations.
      • There has been no complaint filed by the visiting team.
      • As per ICC regulations on ball tampering, if a team wants to lodge a complaint it has to be done within five days of the completion of the Test match.

 

  • Kohli Attain to Career High Test Ranking

 

      • Virat Kohli has jumped up to a career-high fourth position in the ICC Test Players Rankings.
      • He shot up 10 places after a man-of-the-match performance in the Vizag Test against England.
      • He is currently top-ranked in T20 Internationals and has also held the top position in One-Day Internationals.
      • He has never moved above 10th place in Tests.

 

  • Pankaj Patel Elected Ficci President

 

      • Zydus Cadila CMD Pankaj Patel has been elected president of industry body Ficci (Federation of Indian Chambers of Commerce and Industry)for 2017.
      • He will take over once the incumbent Ambuja Neotia Group Chairman Harshavardhan Neotia completes his term next month.
      • FICCI is an association of business organizations in India.
      • It is the largest, oldest & the apex business organisation in India.

 

  • Indian Wealth Falls 0.8% to USD 3 trn

 

      • India’s household wealth has fallen by USD 26 billion to USD 3 trillion in the current year.
      • According to the ‘Global Wealth Report’ compiled by Credit Suisse Research Institute, wealth in the country in dollar terms went down by 0.8 per cent (USD 26 billion) to USD 3.099 trillion in 2016.
      • The report noted that while wealth has been rising in India, not everyone has shared in this growth.

 

  • RBI Doubles PPI Limit to Rs 20,000

 

      • The RBI has doubled the limit of semi-closed Prepaid Payment Instruments (PPIs) to Rs 20,000 to facilitate digital transactions.
      • RBI has introduced additional measures by way of special dispensation for small merchants.
      • Balance in such PPIs cannot exceed Rs 20,000 at any point of time,
      • The merchants can transfer funds from such PPIs to their own linked bank accounts up to Rs 50,000/month.

 

  • Khan Mkt World’s 28th Costliest Location

 

      • National capital’s upscale Khan Market has slipped two position to world’s 28th most expensive retail location.
      • Monthly rentals at Khan market stood at Rs 1250 per sq ft annually.
      • New York s Upper 5th Avenue continued to remain the world s most expensive retail location.
      • In India, the three most expensive retail micro-markets are located in Delhi-NCR.

 

  • No USSD Charges for Mobile Banking

 

      • Telecom operators have decided to waive off charges for Mobile Banking services till 31st of next month.
      • It will facilitate use of electronic banking facility &reduce difficulty to the common man.
      • It will help people with smart phones to access electronic banking facility.
      • At present,a charge is being levied by telecom operators for the mobile banking,which is commonly known as USSD charge.

 

  • PepsiCo To Buy KeVita

 

      • PepsiCo Inc said it would buy health beverage maker KeVita Inc, in an effort to diversify its soft drinks business and tap health conscious consumers.
      • California-based KeVita offers more than two dozen flavors of probiotic drinks.
      • Financial terms of the deal were not disclosed.
      • The transaction, which is set to close over the next couple of months

 

  • L&T Sheds 14,000 Employees

 

      • Larsen & Toubro has shed 14,000 employees, or 11.2% of its total workforce, in one of the biggest corporate retrenchment exercises in recent times.
      • The step was an attempt to “right size” its strength in the face of business slowdown.
      • Digitisation of operations also caused redundancies that led to downsizing.
      • L&T has been facing challenges with customers deferring orders.

 

  • India,Switzerland Sign Joint Declaration

 

    • India & Switzerland signed a Joint Declaration for implementation of Automatic Exchange of Information.
    • The Joint Declaration was signed by Chairman of CBDT Sushil Chandra & Deputy Chief of Mission of Swiss Embassy in India, Gilles Roduit.
    • It will make possible for India to receive the financial information of accounts held by Indian residents in Switzerland for 2018 and subsequent years.

Current Affairs 24th November 2016

 

  • Turkey to Chair Energy Club of SCO

 

      • Turkey will chair the Energy Club of the Shanghai Cooperation Organisation (SCO) in 2017.
      • With this, it became the first non full member country to be the chairman of a club in the organisation..
      • The SCO Energy Club brings together some of the world largest energy producers.
      • The members of SCO cover some 36% of the world’s electricity, 23% of natural gas & 60.2 % of coal production.

 

  • Archaeologists Uncover 7000-yr Old City

 

      • In Egypt, archaeologists have unearthed a city dating back more than 7,000 years, containing houses, tools, pottery and huge graves.
      • The discovery was made by an archaeological mission of Egypt’s Antiquities Ministry.
      • The city lies by River Nile, close to the Temple of Seti the First in Abydos.
      • Abydos is a place of many temples, and a capital in an early period of ancient Egyptian history.

 

  • Nikki Haley Chosen as U.N. Ambassador

 

      • Donald Trump has named South Carolina Governor Nikki Haley as US Ambassador to the UN.
      • Ms Haley is the first non-white female cabinet-level official appointed within the Trump administration.
      • She is the daughter of Indian immigrants and had been a vocal critic of Mr Trump
      • She has been characterized as a rising star within the Republican party and is the youngest Governor in the US.

 

  • Honour for Software Writer on Apollo

 

      • Margaret Hamilton who wrote software for the Apollo space missions has been given the US highest civilian honour, the Presidential Medal of Freedom.
      • She was one of 21 people awarded the medal by President Barack Obama.
      • It is almost 50 years since her initial work on the Apollo 11 moon mission.
      • Mrs Hamilton’s pioneering software helped land the lunar module and its crew on the Moon in 1969.

 

  • China Launches Tianlian I-04 Satellite

 

      • China has successfully launched its 4th data satellite, Tianlian I-04.
      • The satellite was launched on a Long March-3C carrier rocket from the Xichang Satellite Launch Centre in southwest Sichuan province.
      • The satellite will provide data relay, measurement and control services for Chinas manned spacecraft, space labs and space stations as well as nation’s Earth-orbiting resources satellites.

 

  • Well known Director K Subash Dies

 

      • Director K Subash, known for directing Tamil film “Chathriyan” and penning the story of Shah Rukh Khan’s “Chennai Express” has passed away.
      • He has a number of hits under his belt, but was particularly known for the blockbuster “Chathriyan”,.
      • He had worked in a number of Hindi films also, penning the story for superstar Shah Rukh Khan’s “Chennai Express” and “Housefull 3”.

 

  • Malini Honoured with Press Freedom Award

 

      • Indian journalist Malini Subramaniam has been conferred with the International Press Freedom Award for her reporting from the Naxal-infested Bastar area.
      • She is one of the four journalists felicitated by the annual award.
      • She was honoured by the Committee to Protect Journalists along with El Salvador’s Oscar Martinez and Turkey’s Can Dundar.

 

  • Government Appoints New NHAI Chairman

 

      • The govt has appointed Yudhvir Singh Malik as the Chairman of National Highways Authority of India (NHAI).
      • Malik was earlier posted as special secretary in Niti Aayog.
      • The outgoing chairman Raghav Chandra has been moved to the National Commission for Scheduled Tribes as secretary.
      • NHAI is entrusted with the task of implementing National Highways Development Project (NHDP).

 

  • Upgraded Jaguar DARIN III Receives IOC

 

      • The upgraded Jaguar DARIN III twin-seat aircraft has received Initial Operation Clearance, IOC.
      • It is a significant milestone for the country’s military aviation sector.
      • Three DARIN I Standard Jaguars have been upgraded to DARIN III Standard by Hindustan Aeronautics Limited,HAL.
      • The aircraft is now equipped with world class avionics system.

 

  • Naidu Launches Water Monitoring Portal

 

      • Chief Minister N. Chandrababu Naidu formally launched the ‘Smart Water Distribution Monitoring’ web interface.
      • Through this interface  people can check the status of drinking water in the water tanks nearby.
      • The Supervisory Control and Data Acquisition (SCADA) system helps in reduction of water wastage as well as ensure seamless supply to the households.

 

  • World Robot Olympiad to Be Held In India

 

      • The 13th World Robot Olympiad will be held in India for the first time.
      • The World Robotic Olympiad is an event for science, technology and education which brings together young people from across the world.
      • This year’s theme ‘Rap the Scrap’ is in line with ‘Swachh Bharat Mission’.
      • The event will be organised jointly by NCSM under the aegis of Ministry of Culture from Nov 25.

 

  • BHEL Commissions RIL Plant

 

      • BHEL has commissioned a 93 MW steam turbine-based captive power plant (CPP) for Reliance Industries Ltd (RIL) at Hazira in Gujarat.
      • This is the second unit of the 4×93 MW steam turbine-based CPP..
      • BHEL is also setting up a 3×93 MW steam turbine-based CPP for RIL at Dahej in Gujarat.
      • With the commissioning,BHEL has so far commissioned two units each at the Hazira and Dahej projects.

 

  • 3 Insolvency Regulations Issued

 

      • The Insolvency and Bankruptcy Board of India has come up with three regulations covering insolvency professional agency &  insolvency professionals.
      • The notified norms pertain to Insolvency Professionals, Insolvency Agencies and Model Bye-Laws and Governing Board of Insolvency Professional Agencies.
      • Advocates, chartered accountants company secretaries can serve as insolvency professionals.

 

  • Zee Buys Anil Ambani’s TV, Radio

 

      • Reliance Capital has divested its 100% stake in its television broadcasting business & 49% in its radio business to Zee Group for an enterprise value of ₹1,900 cr.
      • The Anil Ambani company said the move is in line with its plan to exit non-core businesses to trim debt.
      • The radio broadcasting business, operated by Reliance Broadcast Network Ltd, holds 45 operational licences & 14 new licences.

 

  • Sun Pharma to Buy Russian Firm Biosintez

 

      • Sun Pharma has announced the acquisition of Biosintez, a Russian company making & marketing pharmaceutical products.
      • Sun Pharma picked up 85.1% of the company for US$ 24 million & also the debt of approximately US$ 36 million as part of the transaction.
      • Biosintez is a Russian pharmaceutical company focusing on the hospital segment.
      • It has annual revenues of approx US$ 52 million for 2015.

 

  • Goldman Forecasts Deceleration in GDP

 

      • Goldman Sachs has forecast a deceleration in India’s GDP growth to 6.8 per cent this fiscal due to demonetisation.
      • The liquidity shortage would be a significant constraint on domestic activity, which in turn would affect GDP growth.
      • The currency reform should help to move economic activity into formal channels, accelerate financial inclusion, and increase government revenue.

 

  • Nabard to Allocate ₹21000 cr

 

      • The National Bank of Agriculture and Rural Development (Nabard) has been asked to sanction Rs. 21,000 crore to district cooperative banks.
      • It aims to fund the crop loan demands of small and marginal farmers.
      • About 40 per cent of the credit needs of farmers is taken care of by such banks.
      • Banks have also been advised to make cash available to district cooperative banks.

 

  • Airtel Launches Payments Bank

 

      • Bharti Airtel has announced the launch of the first payments bank (Airtel Payments Bank Ltd) as a pilot in Rajasthan.
      • The pilot project will run in 10,000 Airtel retail outlets in Rajasthan.
      • Airtel Payments Bank is the first one to launch the services out of the 11 companies that got licenses last year.
      • Payments banks can accept a restricted deposit that is currently limited to ₹1 lakh.

 

  • SBI Slashes Bulk Deposit Rates

 

      • The SBI slashed bulk deposit rates by up to 1.9 percent, taking advantage of the surge in deposits following demonetization.
      • The reduction in deposit rate by the country’s largest lender may be precursor to a lending rate cut.
      • SBI has reduced interest rates on bulk deposits ranging between Rs 1-10 crore.
      • Earlier this month, the SBI had cut fixed deposit rates for less than Rs 1 crore.

 

  • SEBI’s Allows 200 Investors in a Scheme

 

    • SEBI has eased the regulations governing investment in angel funds.
    • Considering the recommendations SEBI decided to increase the upper limit of number of angel investors in a scheme to 200 from 49.
    • It also allows these funds to invest in start-ups up to five years old.
    • Earlier, angel funds could invest in start-ups which were between zero and three years old.

Current Affairs 25th November 2016

 

  • Improving Health Indicators In India

 

      • The country has demonstrated reduction in key health indicators such as Infant Mortality Rate, Maternal Mortality Ratio (MMR), Under 5 Mortality Rate.
      • Further, the annual average pace of decline in MMR (for the period 1990 to 2013) was much faster in India (4.5%) as compared to global rate (2.6%).
      • Additionally, mortality due to various diseases has reduced too.

 

  • Demonetisation lead to long-term gains

 

      • Rating agencies, Moody’s Investor Service & Standard & Poor’s have given the thumbs-up to the government’s decision to demonetise high-value currency notes, but warned of short-term pain.
      • Moody’s Investor Service said demonetisation would boost tax revenue and hasten fiscal consolidation in the longer run.
      • The move will weigh on GDP growth for a few quarters, dampening government revenues.

 

  • Tribals celebrate Wangala festival

 

      • Hundreds of Garo tribals gathered to celebrate the harvest festival of Wangala with much fervour in Meghalaya.
      • The festival marks the end of a period of toil for farmers wanting a good output from their fields.
      • Dressed in their traditional fineries, farmers of the tribe gathered together to dance in honour of Sejong, the spirit of the Sun and fertility.

 

  • Sugar output may drop by over 7%

 

      • India’s sugar production could decline by over 7% to 23.26 million tonnes next marketing year due to poor rains in Maharashtra and Karnataka.
      • The sugar output is estimated to fall for the second straight year in 2016-17 marketing year because of drought in major growing states.
      • India, the world’s second largest sugar producer after Brazil, is estimated to have fallen to 25.1 million tonnes.

 

  • 100 killed in suicide truck bomb attack

 

      • A suicide truck bomb killed about 100 people, most of them Iranian Shia pilgrims, at a petrol station in the city of Hilla 100 km south of Baghdad, Iraq.
      • Islamic State, which considers all Shias to be apostates, claimed responsibility the attack in an online statement.
      • The group is also fighting off a U.S.-backed offensive on its stronghold Mosul, in northern Iraq.

 

  • New drug to suppress allergies, asthma

 

      • Barry Marshall, a microbiology professor from the University of Western Australia (UWA), who won the Nobel Prize in Physiology in 2005 for stomach ulcer research, is working on the new drug.
      • Still in its initial stage, the the drug can be taken as tablets, capsules, liquids or powder.
      • The medication, named Imbalance, aims to suppress an overactive immune system.

 

  • MP has world’s oldest rock art

 

      • The petroglyph rock art at Daraki-Chattan near Bhanpura in Mandsaur district is the “world’s oldest rock art” & is almost 2 to 5 lakh years’ old.
      • The successful expedition from November 2 to 23 was led by Rock Art Society of India Secretary General Prof Giriraj Kumar along with Australian scientist Robert G. Bednarik.
      • Mr. Bednarik is the topmost rock art scientist in the world.

 

  • PETROTECH- 2016

 

      • PETROTECH-2016, India’s flagship biennial hydrocarbons event, is being organized at New Delhi under the aegis of the Ministry of Petroleum and Natural Gas during December 5 -7, 2016.
      • It will be inaugurated by the Hon’ble Prime Minister.
      • The Conference will also host a CEOs Conclave, an exclusive pre-event programme on women in the Hydrocarbon Industry, and a Yuva Urja Forum for students

 

  • Movie’s section for Visually-Impaired

 

      • Three films viz., Gandhi, Bhaag Milkha Bhaag and Dhanak are screened at the 47th International Film Festival of India (IFFI) for children with disabilities.
      • This is done through audio-description under the Accessible India Campaign (Sugayama Bharat Abhiyan).
      • This was done in collaboration with UNESCO and Saksham NGO. Saksham, a Delhi based NGO.

 

  • Allama: Indian Entry for ICFT UNESCO

 

      • At 47th IFFI, ‘Allama’, a film by T.S. Nagabharana, about the journey of a 12th century metaphysician, will compete for the International Council for Film, Television and Audio-visual Communication UNESCO Gandhi Medal.
      • ICFT Paris in collaboration with UNESCO will award the film that best reflects the Gandhi ideals.
      • This competition section shall have 8 films including ‘Allama’.

 

  • Taiwan to export $500-m textile products

 

      • The Taiwan Textile Federation (TTF) is bullish on domestic textile sector and is looking to export textiles products worth around $500 million to India in the next five years.
      • India is a very dynamic market with lot of potential and scope for Taiwanese companies.
      • For over 10 years, the TTF had been organising buyer-seller meet in India and has been quite successful in it.

 

  • Nabard to provide 880 cr to cooperatives

 

      • With a view to assist farmers in Haryana, the National Bank for Agriculture and Rural Development will provide credit support of Rs 880 crore to district central cooperative banks.
      • The amount has been made available for the current rabi season.
      • In addition, NABARD has made provision of an additional credit limit of Rs 1,850 crore to ensure that the DCCBs do not face liquidity crunch.

 

  • Indian Army pounds Pakistan posts

 

      • The Indian Army inflicted “significant damage” on Pakistan army posts and forward locations by conducting “punitive” fire assaults across the LoC.
      • This was done to exact revenge for the beheading of one of its soldiers in the Macchil sector of Jammu and Kashmir.
      • The ferocity of the fire assaults was such that the Pakistan DGMO was forced to call his Indian counterpart.

 

  • Unaccounted deposits to attract 60% tax

 

      • The union cabinet is understood to have approved amendments to the income-tax laws, clarifying the tax liability on deposits of cancelled Rs 500 and Rs 1,000 notes in bank accounts after the November 8.
      • Taxes on unaccounted deposits may be levied at the rate of up to 60% (30% tax plus 30% penalty).
      • This is higher than the 45% levied under the income disclosure scheme that closed on Sept 30.

 

  • 23 places you can still use old notes

 

      • The government has stopped over the counter exchange of old notes of Rs 500 and Rs 1000 from 24th midnight.
      • Government has permitted various exemptions for certain transactions and activities wherein payment could be made only through old Rs. 500 notes till the midnight of 15 December 2016.
      • This includes payments towards pre paid mobile top-up, Purchase from Consumer cooperative stores etc.

 

  • India may impose curbs gold holdings

 

      • The Centre may impose curbs on domestic holdings of gold as PM Modi intensifies a fight against black money.
      • Gold premiums in India jumped to two-year highs last week as jewellers ramped up purchases on fears the government might restrict imports after withdrawing higher-denomination notes from circulation.
      • The move has already started to disrupt cash-based gold smuggling.

 

  • Peru declares state of emergency

 

      • Peru has declared a state of emergency in 7 districts in the north of the country where forest fires have killed two, injured four and burnt nearly 12,000 hectares of land.
      • Wildfires have spread to 11 regions across the country.
      • Peru’s environment minister, Elsa Galarza, said a special brigade of firefighters had been deployed to the worst-affected areas in the north.

 

  • Iceland govt challenges Iceland for name

 

      • The government of Iceland has launched legal action against its namesake British grocery chain.
      • The island of Iceland is challenging Iceland Foods’ exclusive ownership of the European-wide trademark registration for the word Iceland.
      • The Icelandic government’s legal challenge at the EU-IPO seeks to invalidate this registration on the basis that ‘Iceland’ is exceptionally broad and ambiguous

 

  • Costa Rica and Nicaragua evacuated

 

      • Hurricane Otto strengthened to a category two storm as it made landfall on the sparsely populated Caribbean border between Nicaragua and Costa Rica.
      • The US National Hurricane Center said Otto hit land near the town of San Juan de Nicaragua with winds of 110 mph around midday local time.
      • A 7-magnitude quake also strikes near El Salvador as hurricane Otto makes landfall.

 

  • Arctic ice melt can start climate change

 

    • Arctic scientists have warned that the increasingly rapid melting of the ice cap risks triggering 19 “tipping points” in the region that could have catastrophic consequences around the globe.
    • The Arctic Resilience Report found that the effects of Arctic warming could be felt as far away as the Indian Ocean.
    • Sea ice is at the lowest extent ever recorded for the time of year.

Current Affairs 26th November 2016

 

  • Scientists Develop Artificial Human Lung

 

      • Scientists from Czech Republic have developed a model of a functioning human lung using 3D printing and other technologies.
      • It has received three patents for its modeling.
      • The model was developed by the research group from the Brno University of Technology.
      • It can be used to simulate problems like asthma or other chronic diseases and their treatments.

 

  • Co-creator of Iconic MIG 29 Ivan Dies

 

      • Famous Russian aircraft designer, co-creator of the MiG-29 fighter jet Ivan Mikoyan has died .
      • During his career, he took part in the development of the design of the MiG-21 and the MiG-29 fighters.
      • For his work on the MiG-29, Mikoyan twice received the USSR State Prize state honor.
      • Mikoyan received the USSR State Prize honor twice for designing the MiG-29 fighter jet.

 

  • S Korea Braces for Largest’ Protests

 

      • Some two million people are expected to join nationwide protests in South Korea to demand the resignation of President Park Geun-hye.
      • Estimated 1.5 million will gather in Seoul and 500,000 in other regions – in what would be largest rallies since the demonstrations began five week ago.
      • Ms Park is accused of allowing her friend, Choi Soon-sil, to manipulate power from behind the scenes.

 

  • Colombia Signs New Peace Deal with Farc

 

      • The Colombian government and the country’s largest rebel group, the Farc, have signed a revised peace deal.
      • The previous deal was rejected by the Colombian people in a popular vote on 2 October.
      • The revised agreement has been submitted to Congress for approval, rather than put to a popular vote.
      • The deal is aimed at ending five decades of armed conflict.

 

  • Former Cuban President Fidel Castro Dies

 

      • Revolutionary icon, former Cuban president and leader of the Communist revolution, Fidel Castro has passed away.
      • Fidel Castro ruled Cuba as a one-party state for almost half a century before handing over the powers to his brother Raul in 2008.
      • His supporters praised him as a man who had given Cuba back to the people.
      • But he was also accused of suppressing opposition.

 

  • NITI to Digitise Govt-Citizen Trans

 

      • Government has constituted a committee to enable cent per cent conversion of Government-Citizen Transactions to the digital platform.
      • The panel, under the leadership of NITI Aayog CEO Amitabh Kant, will identify and operationalise user-friendly digital payment options in all sectors of the economy.
      • It will engage regularly with Central Ministries, State governments, district administration.

 

  • Govt Launches Campaign to Open Accounts

 

      • The government has launched a campaign to open bank accounts of workers, both in organised and unorganised sectors.
      • The campaign is being organised by the Union Labour Ministry in collaboration with the Department of Financial Services, Ministry of Finance.
      • Special camps will be organized in every district at specific locations to facilitate the workers to open their bank accounts.

 

  • Manoj Bajpayee Wins Best Actor Award

 

      • Indian actor Manoj Bajpayee has won the best performance award by an actor at the 10th Asia Pacific Screen Awards.
      • Nawazuddin Siddiqui was awarded a special mention in the same category.
      • The 2016 Awards marked the 10th year of APSA recognising and promoting cinematic excellence.
      • Bajpayee won the award for his performance as Professor Siras in “Aligarh” directed by Hansal Mehta.

 

  • Nalanda University Chancellor Resigns

 

      • Former Singapore Foreign Minister and Chancellor of Nalanda University, George Yeo, resigned.
      • He was taken this decision because of autonomy in the university.
      • The university Board was reconstituted by President Pranab Mukherjee as its Visitor on November 21.
      • Nalanda University is located in Rajgir, Bihar.
      • The University began its first academic session on September 1, 2014

 

  • 26th November: Constitution Day

 

      • The ‘Constitution Day’ of India is being observed on 26th Nov to spread awareness of Indian Constitution and its architecture Dr. B R Ambedkar.
      • The government had, last year, decided to observe 26th Nov as Constitution Day.
      • On the day in 1949, constitution of India was adopted which came into force in 1950.
      • The day is celebrated to value and preserve the rich heritage of composite culture.

 

  • PV Sindhu Becomes No 1 Indian shuttler

 

      • PV Sindhu became the number one Indian player in BWF rankings as she went past compatriot Saina Nehwal.
      • The Rio Olympic silver medallist moved two places to claim ninth spot as Saina,slipped five places to be at 11th position in world rankings.
      • In men’s singles, Ajay Jayaram jumped four places to reach the 19th spot.
      • H S Prannoy also improved two spots to climb to the 25th place.

 

  • Harjeet to Lead India in Jr Hockey WC

 

      • Mid-fielder Harjeet Singh will lead the 18-member Indian Men’s hockey team in the Junior World Cup to be held in Lucknow.
      • Defender Dipsan Tirkey will shoulder the responsibilities of the vice-captain.
      • Harjeet was part of the Indian senior men’s team that won the silver medal at the FIH Champions Trophy in London this year.
      • Tirkey had led the Indian team to a splendid win at the EurAsia Cup.

 

  • M C Mary Kom to Receive Legends Award

 

      • Indian boxer M C Mary Kom is all set to add another honour to her glittering career.
      • She will receive the ‘Legends Award’ from the International Boxing Association (AIBA) on its 70th anniversary.
      • An Olympic bronze-medallist and a five-time world champion, Mary Kom is also Rajya Sabha MP now.
      • Mary Kom was named an AIBA brand ambassador during the World Championships earlier this year.

 

  • ESAF Ties up with FIS for MF Bank

 

      • One of the largest microfinance providers in India, ESAF, has selected FIS, a global leader in financial services technology, to power the launch of its small finance bank.
      • ESAF Small Finance Bank was created to serve micro- and small-credit needs for women in parts of India where there is little bank representation.
      • FIS will serve as the bank’s technology partner.

 

  • Government imposes safeguard duties

 

      • Government has slapped safeguard duty on import of certain steel products to protect domestic manufacturers from cheap in-bound shipments.
      • The safeguard duty has been imposed on import of hot rolled flat sheets & plates of alloy.
      • The effective duty rate will be calculated after deducting value of goods.
      • The duty arrived at would be 10 per cent in the first year and will gradually reduce.

 

  • India’s GDP Growth to Slow to 6.5%

 

      • India’s real GDP growth is expected to slow to 6.5% in the current fiscal on the likely impact of demonetisation, says a Deutsche Bank report.
      • According to the global financial services major, economic growth will see a moderation in the near term.
      • It would gradually recover to 7.5% in the next financial year.
      • PM Modi had on Nov 8 announced the demonetisation of Rs. 500 & Rs. 1,000 notes.

 

  • AirSewa Portal Launched

 

      • Government has launched an AirSewa Portal and Mobile App to offer air travelers a convenient and hassle free experience.
      • Through this app, passengers can check their flight status, flight schedule and register their grievances.
      • Passengers will be able to post their feedback and complaints.
      • The user will be given a unique reference number for each reported grievance.

 

  • Airbnb Signs MoU with SEWA

 

      • Leading community-driven hospitality company Airbnb has announced signing of a MoU with the Self-Employed Women’s Association of India (SEWA).
      • Through the partnership Airbnb will work with SEWA members to help them share their homes with Airbnb’s community of international and domestic guests.
      • It will create economic opportunities for women in rural areas and promoting tourism.

 

  • Tata Steel Replaces Cyrus Mistry

 

      • The board of Tata Steel voted to replace Cyrus Mistry as the chairman of the company.
      • The board has named State Bank of India veteran OP Bhatt as an interim replacement.
      • Mr. Bhatt will serve as chairman till the outcome of the EGM of the company.
      • The company said this decision was taken to also ensure stability in the larger interest of Tata Steel’s stakeholders.

 

  • SIB Launches Contactless Debit Card

 

    • South Indian Bank has announced the launch of its contactless debit card.
    • The Near Field Communication (NFC) technology makes the contactless cards very secure, as the card does not leave the cardholder’s possession.
    • Once the merchant enters the purchase amount in the contactless PoS terminal, the customer simply has to just wave the card on the terminal.

Current Affairs 27th November 2016

 

  • UK Parliament Clear New Surveillance Law

 

      • British Parliament has passed a new snooping law which, if gets royal assent, will give authorities power to access the internet browsing history of everyone in the UK.
      • The new Investigatory Powers Bill has been dubbed the “snooper’s charter” for its sweeping nature of access to the British public’s internet history.
      • The law forces UK internet providers to store browsing histories.

 

  • Putin Gives Russian Passport to Steven

 

      • President Vladimir Putin has presented US action film star Steven Seagal with a Russian passport.
      • Putin called the gesture a sign of a thaw in relations with the United States,
      • It comes after he awarded Seagal Russian citizenship through a presidential decree earlier this month.
      • Seagal has vocally defended Putin’s policies in recent years and become a regular visitor to Russia.

 

  • Swiss Votes on Nuclear Phase Out Process

 

      • Swiss voters are casting their ballots to decide whether or not to speed up the process of phasing out the country’s nuclear power plants.
      • If voters choose “yes” in referendum,it would force three of the country’s five reactors to close next year & the remaining two by 2029.
      • The five plants currently generate 40 per cent of Switzerland’s electricity.
      • Polls suggest a tight race on the issue

 

  • Election Recount to Place in Wisconsin

 

      • Wisconsin, one of three battleground US states won by President-elect Donald Trump will undergo votes recounting.
      • It received two petitions in this regard from a third-party candidate who alleged that Russian hackers may have infiltrated voting systems.
      • Votes cast in the state of Wisconsin, having 10 presidential electoral college votes, will be recounted.

 

  • Javed Bajwa Named New Pak Army Chief

 

      • Pakistan has named Lt Gen Qamar Javed Bajwa as the country’s new army chief.
      • He will succeed the popular Gen Raheel Sharif,who is retiring after a three-year stint during which he is credited with improving security.
      • He  has commanded the elite X Corps,responsible for the area along the ceasefire line in disputed Kashmir.
      • He currently serves as the Inspector-General Training and Evaluation.

 

  • Railways to Introduce ‘Tri-Netra’

 

      • Railways may soon get an advanced system, called “Tri-Netra”.
      • It will help reduce train accidents by keeping a record of the track maintenance & will also provide better visibility..
      • Tri-Netra stands for ­ terrain imaging for diesel drivers infrared, enhanced optical and radar assisted system.
      • The system provides a locomotive pilot a clear view of up to one kilometre on a straight track.

 

  • Upma Chaudhary Named Director of LBSNAA

 

      • Upma Chowdhary has been appointed Director of Lal Bahadur Shastri National Academy of Administration (LBSNAA) at Mussoorie.
      • She is the first woman to be named for the post.
      • The post has been upgraded to Secretary rank and Chowdhary would be the 23rd director.
      • She will replace Rajeev Kapoor.
      • Academy imparts training to officers of civil services.

 

  • Senior Journalist Dileep Padgaonkar Dies

 

      • Senior journalist Dileep Padgaonkar passed away.
      • He was a former editor of the The Times of India.
      • He began his career in journalism at the age of 24 and joined Times of India as its Paris correspondent after receiving a doctorate in humanities from the Sorbonne in June 1968.
      • He served as its editor for six years from 1988. From 1978 to 1986, he worked with UNESCO in Bangkok and Paris.

 

  • National Milk Day Observed

 

      • Every year 26 November is being observed as National Milk Day (NMD) to mark birth anniversary Father of the White Revolution Dr.Verghese Kurien.
      • The idea of observing National Milk Day was first mooted by Indian Dairy Association (IDA) in 2014 on the lines of World Milk Day observed on June 1.
      • The first NMD was observed on 26 November 2014 by all Indian diary sector majors.

 

  • Govt Launches E-pashu Haat

 

      • Government has launched an e-pashu haat portal which will provide detailed information to farmers about bovine animals.
      • Information relating to Certification of the animal, its picture, breeding, volume of milk given by the cow etc will also be available in this portal.
      • Animal fodder varieties, its volume and price information will also be available at this portal.

 

  • Mariamma Appointed As Hockey India Prez

 

      • Hockey India announced Mariamma Koshy as it’s new president.
      • Mushtaque Ahmad, who was earlier the secretary general, has now taken over as the chairman of the Hockey India League Governing Board.
      • The decision was taken at the 41st Hockey India Executive Board meeting.
      • The decisions will require ratification in the Hockey India Congress to be held soon.

 

  • Shamim Khan Wrests CG Open Trophy

 

      • Delhi’s Shamim Khan has wrested the one crore rupees CG Open golf title and the lead in the Rolex Ranking.
      • Bengaluru’s Khalin Joshi finished runner-up at 18-under-262 after a final round of 65.
      • He also moved up to second place in the Rolex Ranking.

 

  • Sachin Wins Gold at the AIBA Champ

 

      • Sachin Singh became the third Indian boxer ever to bag gold at the AIBA Youth World Championships.
      • In the 49 kg weight class, Sachin recorded a stunning unanimous victory over Cuban Jorge Grinan in the summit clash at St Peterburg, Russia.
      • India thus finished the tournament with one gold and a bronze.
      • Naman Tanwar in the 91 kg had settled for a bronze after losing in the semifinal.

 

  • PV Sindhu Loses Hong Kong Open Final

 

      • Rio Olympics silver medallist PV Sindhu lost in the Final of the Hong Kong Open Super Series tournament.
      • She lost to fourth seed Tai Tzu Ying of Chinese Taipei, in straight games, 15-21, 17-21.
      • This was Ying’s fifth victory over Sindhu. The ace Indian has defeated the Taiwanese thrice in the past.
      • Ying had stunned world number one Carolina Marin of Spain in the semi-finals.

 

  • INOX Partners with SBI

 

      • Multiplex chain INOX Leisure has launched an initiative to ease the process of cash withdrawal in supporting the demonetization drive by the Government.
      • The company has partnered with State Bank of India (SBI) to facilitate this transaction at the nearest INOX multiplex using a debit card.
      • Citizens can swipe their debit cards & take up to Rs 2,000 in cash per card per day.

 

  • Bharti Airtel Acquires Econet’s Stake

 

      • India’s top carrier Bharti Airtel’s Netherlands arm Saturday acquired 4.2% Econet Wireless shareholding in the Airtel Nigeria.
      • With this move, the telco’s holding in Airtel Nigeria has surged to 83.25%.
      • Though financial details of the deal were not disclosed, Econet had valued the stake at $3 billion.
      • After acquiring Zain’s telecom business in 2010, Airtel ran into a dispute with Econet.

 

  • Canara Bank,Bajaj Allianz Ink Pact

 

      • Canara Bank & Bajaj Allianz General Insurance have signed a corporate agency agreement for the distribution of Bajaj Allianz’s general insurance products.
      • Both have set a target to achieve Rs 400 crore business in the first year (FY 2017-18) of operations.
      • Under this agreement, Bajaj Allianz General Insurance will offer its products to Canara Bank customers.

 

  • RInfra Gets SEBI Nod to Launch

 

      • Reliance Infrastructure has received Sebi’s clearance to launch an infrastructure investment trust (InvIT).
      • The Securities and Exchange Board of India (SEBI) has granted the certificate of registration.
      • The market watchdog has already granted InvIT licenses to IRB Infrastructure, GMR and MEP Infrastructure.
      • SEBI had in August 2014 introduced InvITs.

 

  • Gopal Jiwarajka is New PHDCCI President

 

      • Gopal Jiwarajka, CMD of Salora International,took over as the new President of PHD Chamber of Commerce & Industry.
      • Prior to becoming the President of PHD Chamber, Jiwarajka was its Senior Vice President.
      • He is also a founder member of Indian Cellular Association.
      • He has served on executive committee of Electronic Industries Association of India & Telecom committee of industry body Ficci.

 

  • RBI introduces incremental CRR

 

    • The RBI has introduced an incremental Cash Reserve Ratio of 100 per cent for the fortnight.
    • It aims  to absorb the surge in liquidity of banking system following the demonetisation of high value notes.
    • CRR is the portion of the deposits which banks are required to park to the RBI.
    • The incremental CRR is intended to be a temporary to drain excess liquidity in the system.

Current Affairs 28th November 2016

 

  • Zuma Faces ANC Vote of No Confidence

 

      • President Jacob Zuma of South Africa is facing a vote of no confidence from the leaders of his own party, the ANC.
      • He has survived several parliamentary votes but this is the first time the ANC will formally discuss his position.
      • The top ANC body has extended its meeting to debate the motion.
      • Mr Zuma has increasingly come under criticism over corruption allegations.

 

  • Swiss Reject Quick Exit from Nuke Power

 

      • Swiss voters has rejected an effort to hasten the process of phasing out the country’s nuclear power plants.
      • About 55 percent of voters turned down the initiative, with 45 percent favouring it in a vote.
      • The plan would have meant closing three of Switzerland’s 5 nuclear plants next year, with the last shutting in 2029.
      • No new nuclear power stations have been built in Switzerland since 1984.

 

  • Fukushima Nuclear Decommission

 

      • Japan’s trade ministry has almost doubled the estimated cost of compensation for the 2011 Fukushima nuclear disaster and decommissioning of the damaged Fukushima-Daiichi nuclear plant.
      • The trade ministry at the end of 2013 calculated the cost at 11 trillion yen, which was comprised of 5.4 trillion yen for compensation.
      • The new estimate raised the cost of compensation to 8 trillion yen.

 

  • Kuwait Opposition Win Half of Parliament

 

      • Kuwait opposition groups & their allies have won nearly half seats for the 50-seat Parliament.
      • The opposition and its allies won 24 seats. Safaa al-Hashem is the only woman to win one of the 50 seats.
      • The liberal candidate has served in previous parliaments, and was one of 15 women who ran for seats.
      • A new Cabinet is now expected to be formed within a week.

 

  • Fillon Wins Conservative Candidacy

 

      • France former Prime Minister Francois Fillon has won France’s Conservative Presidential primary.
      • Fillon, won 68 percent of the vote against Juppe, another former Prime Minister.
      • He is likely to face a Socialist candidate and the far-right’s Marine Le Pen in next April’s election.
      • During the campaign, ex-Prime Minister Fillon proposed economic reforms.

 

  • PM Unveils Statue of Sathya Sai Baba

 

      • Prime Minister Narendra Modi unveiled the statue of Sathya Sai Baba.
      • He addressed the students of Sathya Sai Medical Institute in Palwal via Video conferencing.
      • PM Modi said Sathya Sai Baba lived Mantra of Love all and serve all.
      • Sathya Sai Baba was an Indian guru and philanthropist.
      • He claimed to be the reincarnation of Sai Baba of Shirdi.

 

  • PM Modi Flag off ‘Humsafar’ Train

 

      • PM Modi flagged off the Humsafar train between Gorakhpur & Delhi`s Anand Vihar terminus from Kushinagar in Uttar Pradesh.
      • This train will run between this two station thrice in a week.
      • Humsafar train will have several new features, including LED screen display,vending machines ,refrigerated pantry & ports for charging.
      • the fare in the Humsafar train would be 20% more than the normal trains.

 

  • 51st Annual DGPs Conference Concluded

 

      • The 51st Annual Conference of Directors-General of Police of States was held in Hyderabad, Telangana.
      • The three day conference was inaugurated by Union Home Minister Rajnath Singh.
      • It was attended by around 100 DGPs of states, Director Generals of Central paramilitary forces & their Inspectors General.
      • The Conference focused on cross-border terrorism, infiltration & radicalisation of youth.

 

  • Noted Marathi Author Anand Yadav Dies

 

      • Noted Marathi author and Sahitya akademi awardee Anand Yadav passed away.
      • His autobiography ‘Zombi’ won him Sahitya Akadmi award in 1991.
      • Mr Yadav faced a major controversy over his book ‘Santsurya Tukaram’, wrote on Sant Tukaram, a 17th century saint poet from Maharashtra.
      • He has penned around 40 books which comprise collection of essays, poems, criticism among others.

 

  • Indian Team Bags Silver in WRO

 

      • Team “High Voltage” from India (Gurugram) won a silver in the Regular Junior High category in the 13th World Robot Olympiad (WRO).
      • The championship was jointly organised by National Council of Science Museums (NCSM) & India STEM Foundation (ISF).
      • Over 2,000 students from over 50 countries showcased innovative solutions using robotics technology to reduce, manage& recycle waste.

 

  • S.L Beat Zimbabwe to Clinch Tri-series

 

      • Sri Lanka beat Host Zimbabwe by six wickets to win the triangular series final at Queens Sports Club in Bulawayo
      • Upul Tharanga and Kusal Mendis struck half centuries as Sri Lanka beat Zimbabwe by six wickets.
      • Sri Lanka’s victory completed an eventful tri-series,which featured a tie between Zimbabwe and West Indies.
      • Sri Lanka now heads to South Africa for three tests, five ODIs & three T20s.

 

  • Lewis Hamilton Wins Abu Dhabi GP

 

      • Lewis Hamilton claimed the victory at the Abu Dhabi Grand Prix but loses the World Championship title.
      • Mercedes teammate Nico Rosberg finishes second and becomes the 33rd World Champion.
      • He claimed his first F1 world title with a second-place finish at the Abu Dhabi GP.
      • He becomes the third German driver to win the world title 34 years after his father Keke won his own championship in 1982.

 

  • Mobikwik Partners NHAI

 

      • MobiKwik said its customers will be able to pay toll tax at 391 toll plazas using the mobile wallet.
      • The company has received an approval from NHAI to enable commuters across all toll plazas in the country pay cashless through its mobile wallet.
      • MobiKwik has about 40 million users and is accepted at 2.5 lakh merchants, including IRCTC, Big Bazaar, OYO Rooms, Zomato, Grofers & Big Basket.

 

  • Goa will be First State to go Cashless

 

      • Goa is likely to become the first state in India to go cashless from December 31.
      • People will be able to buy perishables items or anything else at the press of a button on their mobile.
      • One has to dial *99# from their mobile phone, not necessarily a smart phone, and follow the instructions to complete the transaction.
      • This system is being introduced to transfer money to small vendors.

 

  • Centrum Direct Launches Mobile Wallet

 

      • Centrum Direct has launched a unique mobile wallet that also offers a physical card under the label of CentrumPay.
      • The CentrumPay will be launched next week on the MasterCard platform with Yes Bank being the PIN issuer.
      • CentrumPay can be used both as a virtual mobile wallet for any type of payment.
      • User can also to withdraw cash at any bank ATMs as per the permissible limits now.

 

  • CCI Clears Tata Chemicals-Yara Deal

 

      • The Competition Commission has approved the proposed acquisition of urea & fertilisers business of Tata Chemicals by Norway’s Yara Fertilisers.
      • Under the deal, Tata Chemicals will sell its urea plant in Babrala, Uttar Pradesh.
      • It has an annual capacity of about 1.2 million tonnes for an estimated Rs. 2,670 cr.
      • Mergers & acquisitions beyond a certain threshold requires the approval of CCI.

 

  • Ola Teams up with SBI, PNB

 

      • Ola cabs partners with lenders like SBI & Punjab National Bank to ease cash crunch.
      • Cash dispensing through swipe of debit cards at POS machines was introduced at around 3,700 petrol pumps.
      • The same is being replicated by Ola on a test basis in its cabs in Kolkata & Hyderabad.
      • Taxis with a bank officer and POS machine are parked at different locations & dispense cash of Rs. 2,000 per card.

 

  • Revised Draft GST Laws Issued

 

      • Centre had released three draft model laws for the central and integrated goods and services tax (GST) as well as the model law for compensation.
      • These laws will be considered by the GST Council in its meeting.
      • If the GST council approves the revised draft in its meeting, the govt may be able to present it before Parliament.
      • The Govt is keen to roll out the new regime from April 1,2017.

 

  • IBBI Sets up Two Advisory Panels

 

      • Insolvency and Bankruptcy Board of India (IBBI) sets up two high-level committees under the Insolvency & Bankruptcy Code.
      • It aims to consolidate and amend laws relating to reorganisation as well as insolvency resolution.
      • Advisory committee on service providers panel is lead by educationist Mohandas Pai.
      • Corporate insolvency and liquidation panel is chaired by noted banker Uday Kotak.

 

  • HSBC Rolls Out UPI Sol for Corporates

 

    • HSBC has rolled out ‘Unified Payments Interface’ (UPI) solution for corporates in India.
    • This UPI offering will provide improved collection solution to corporates, enabling them to drive sales.
    • HSBC, the only other foreign bank that has gone live with an UPI offering is Standard Chartered Bank.
    • The biggest impact will be on businesses as they would be able to sell more.

Current Affairs 29th November 2016

 

  • White House warns Trump on Cuba

 

      • White House has warned Trump after he threatened to end the detente policy with Cuba.
      • The warning said that reversing historic rapprochement would have “significant” diplomatic, economic and cultural costs.
      • The policy is considered as one of the foreign policy legacies of outgoing President Barack Obama.

 

  • Sahara proposes to pay over Rs 11,000cr

 

      • The Sahara Group on Monday presented in the Supreme Court a roadmap for repayment of an outstanding amount of over Rs 11,136 crore to SEBI.
      • IT also proposed to clear its liability in 21 instalments in two-and-a-half years to ensure “absolute” release of its chief Subrata Roy.
      • It proposed to repay Rs 2,700 crore by December next year in equal installments of Rs 300 crore.

 

  • RBI extends withdrawal limits

 

      • Reserve Bank of India (RBI) on Tuesday extended the withdrawal limit of cash from bank deposit accounts.
      • RBI said that such a decision had been made as certain depositors are hesitating to deposit their money into bank accounts.
      • RBI also revealed that banks across the country have received Rs 8.45 lakh crore in the period between November 10 and November 27.

 

  • Morgan Stanley degrades Flipkart’s value

 

      • US-based mutual fund Morgan Stanley has marked down the value of its shares in Flipkart by 38 per cent.
      • This has dropped the valuation of the company to $5.58 billion.
      • Flipkart’s valuation has been weighed down not just by Morgan Stanley, but also by mutual fund investors Valic and Fidelity.

 

  • South Korean President offers to resign

 

      • South Korean President Park Geun-hye said that she will resign her office once parliament develops a plan for a safe transfer of power.
      • Ms. Park would be the first South Korean leader to resign since the country’s first president, Syngman Rhee
      • Her resignation comes amidst claims that she colluded with a friend who wielded government power from the shadows.

 

  • NGT downs petition against Kudankulam

 

      • The southern bench of the National Green Tribunal on Tuesday dismissed a petition filed by Poovulagin Nanbargal
      • The petition sought the cancellation of the Coastal Regulation Zone (CRZ) granted to Kudankulam Nuclear Power Project (KKNPP) 3-6 units.
      • In 2012, clearance was granted to KKNPP units 3-6 to enable the NPCIL to proceed with the necessary work to start building the plants.

 

  • RBI may front-load rate cut to December

 

      • Reserve Bank may bring forward the rate cut to December to support growth and tap favourable inflation outlook, says a DBS report.
      • While global uncertainties and rupee volatility suggest first quarter of 2017 is a better time to ease rates according to the report.
      • The Monetary Policy Committee last month cut benchmark interest rates by 0.25 per cent to 6.25 per cent.

 

  • Karan Singh for Auroville chairman

 

      • Congress MP Karan Singh has been re-nominated by the HRD ministry as the chairman of the Auroville Foundation for a term of four years.
      • He would function as the chairman of the Board in an honorary capacity.
      • Earlier in 2012, Singh had been nominated as chairman of the Auroville Foundation during the term of the previous UPA government.

 

  • Fitch Rating lower forecast to 6.9%

 

      • Fitch Ratings today lowered India’s GDP growth forecast for this fiscal to 6.9 per cent from 7.4 per cent.
      • It said economic activity will be hit in the October- December quarter.
      • This is because of the cash crunch created by withdrawal and replacement of 500 and 1000 rupee notes.
      • These accounted for 86 per cent of the value of currency in circulation.

 

  • India beat Pakistan in a thriller

 

      • Indian women’s team beat Pakistan by 5 wickets on Tuesday in Bangkok.
      • India also consolidated their position at the top of the points table in the 2016 ACC Women’s Asia Cup.
      • In reply to Pakistan’s 97, India score 98 for 2 in 19.2 overs.
      • India lagged behind right until the halfway mark but Raj and Harmanpreet came to rescue with the bat to secure a narrow win.

 

  • Govt. Denies Trump’s Claim of Fraud

 

      • The White House has said that there is no evidence to support the alleged “election fraud” claimed by President-elect Donald Trump.
      • Trump has said that “millions” of people voted “illegally” for Hillary Clinton.
      • Trump won 306 votes in the Electoral College to Clinton’s 232, putting him above the 270 votes needed there to win the presidency.

 

  • Women To Re-Enter Haji Ali Dargah

 

      • A group of women activists will enter the famous Haji Ali dargah in Mumbai on Tuesday afternoon.
      • This win comes after five years and a series of legal battles and agitations.
      • A group of around 75-80 women from all over India would visit the mausoleum of the saint for prayers around 3 pm.
      • The Supreme Court on October 24 delivered its verdict upholding equal access to men and women.

 

  • UK Govt. Distances From Brexit Memo

 

      • The British government on Monday distanced itself from a memo outlining plans for Brexit.
      • The memo suggests Britain will fail to keep access to the European single market and will seek to keep the negotiations to two years.
      • Prime Minister Theresa May has refused to outline the government’s Brexit strategy.

 

  • SC asks Centre to take decision on Yoga

 

      • The SC has asked the Centre to take a decision within 3 months on making yoga compulsory for students of Class I-VIII across the country.
      • A bench headed by Justice MB Lokur asked the Centre to treat the petitions filed on the issue as a representation and take a decision.
      • The court was hearing the pleas filed by Ashwini Kumar Upadhyay, a lawyer and Delhi BJP spokesperson and J C Seth.

 

  • Ban-Ki-Moon hopes for a resolved IWT

 

      • UN Secretary General Ban Ki-moon has expressed hope that India and Pakistan will bilaterally resolve issues over water-sharing.
      • Modi had said the waters of Sutlej, Beas and Ravi rivers will be stopped from going in Pakistan.
      • Ban had also expressed deep concern last week over the deterioration of the situation along the Line of Control in Kashmir in recent days.

 

  • New Zealand snatch spectacular win

 

      • New Zealand has registered their first Test series win against Pakistan since January 1985.
      • Hosts sealed the Test rubber 2-0 on the fifth and final day in Hamilton on Tuesday.
      • Neil Wagner was the star performer for the home side.
      • He bagged the wickets of Mohammad Amir (0), Wahab Riaz (0) and Imran Khan (0) in 7 balls.

 

  • Jio Crosses 50 Million Subscribers

 

      • Reliance Jio has crossed the 50 million subscriber mark in less than three months.
      • According to PTI’s sources, Jio has acquired 1,000 customers per minute and 6 lakh per day.
      • Airtel reached the same milestone of notching 50 million subscribers in 12 years, Vodafone and Idea took 13 years each.
      • It was launched nation-wide on September 5

 

  • Modi tells BJP MPs to give bank details

 

      • PM Modi has asked BJP MPs and MLAs to submit details of their bank transactions between November 8 and December 31.
      • PM Modi also said the Income Tax Amendment Bill is not to turn black money into white, but to use the money looted from the poor for their welfare.
      • The Modi government on the night of November 8 announced that Rs 500 and Rs 1,000 notes would no longer be legal tender.

 

  • Physicists challenge Einstein’s view

 

      • Some researchers are challenging Einstein’s theory on the speed of light and have suggested that it could have been much higher in early universe.
      • As per Einstein’s, the speed of light remains the same in any situation.
      • The assumption that the speed of light is constant, and always has been, underpins many theories in physics, such as Einstein’s theory of general relativity.

 

  • Over 5 lakh children under siege:UNICEF

 

    • UN Children’s Fund (UNICEF) has called for lifting sieges and allowing immediate humanitarian access.
    • Nearly 500,000 children are living under siege amid escalating violence across Syria.
    • The number of children living under siege has doubled in less than one year, Xinhua news agency quoted UNICEF as saying in a press release.

Current Affairs 30th November 2016

 

  • Mars Probe Returns First Pictures

 

      • Europe’s and Russia’s new satellite at Mars has sent back its first images of the planet.
      • The Trace Gas Orbiter (TGO) arrived on 19 October, putting itself in a highly elliptical parking orbit.
      • TGO passed over a region called Hebes Chasma at its closest approach, just 250km from the Martian terrain.
      • TGO sensors NOMAD and ACS also came through their early tests successfully.

 

  • Nepal Tables Constitution Amendment Bill

 

      • Nepal Constitution Amendment Bill has been tabled in Parliament to address the grievances of agitating Madhesi parties & other ethnic groups.
      • The bill presented ,seeks to end a year-long political crisis in the country.
      • The Bill proposes to amend provisions related to redrawing provincial boundaries, recognition of various languages, citizenship &representation in the National Assembly.

 

  • Thai Cabinet Acknowledges Appointment

 

      • Thailand’s Cabinet acknowledged the appointment of a new king.
      • The death of the King Bhumibol Adulyadej on Oct 13 plunged the Southeast Asian nation into mourning.
      • Following the king’s death, PM Prayuth Chan-ocha signalled Crown Prince Maha Vajiralongkorn’s widely expected ascension.
      • The cabinet,will ask the president of parliament to invite the crown prince to become king.

 

  • Texas Reports First Zika Case

 

      • Health officials in the US state of Texas said that they have recorded the first case of the Zika virus transmitted by a local mosquito.
      • Up until now, all Zika cases in Texas have been contracted while travelling.
      • The virus has been linked to microcephaly, a rare birth defect.
      • Florida is the only other US state to have reported locally caught cases of Zika.

 

  • Haiti Election Won by Jovenel Moise

 

      • Jovenel Moise, the candidate backed by former president Michel Martelly,won the presidential vote in the first round.
      • Provisional Electoral Council chief said Moise is leading against Jude Celestin,candidate of the opposition.
      • Lapeh, scoring 55.67% against 19.52%.
      • The election was held on 20 Nov,more than a year after the previous poll was annulled following allegations of widespread fraud.

 

  • Singapore Tops Global Education Rankings

 

      • Singapore has the highest-achieving primary & secondary pupils in international education tests in Maths & Science.
      • Primary school pupils in Northern Ireland were ranked sixth at Maths,the highest of any in Europe.
      • The top places in these rankings are dominated by East Asian countries.
      • These international rankings,Trends in International Mathematics & Science Study,are published every 4yrs.

 

  • PM Launch Indian Police at Your Call App

 

      • PM Modi recently had launched the ‘Indian Police at Your Call’ mobile app at a national police conference held in Hyderabad.
      • It was organised by the Intelligence Bureau (IB).
      • The app is a GIS Map based interface for the citizens to locate police stations near to their current location so that they can easily reach the police station in case of emergency.
      • The app was developed by NIC.

 

  • Daughter Wins Golden Peacock Award

 

      • Iranian film Daughter won the coveted Golden Peacock prize at the 47th International Film Festival of India.
      • The best director award was won by Soner Caner and Baris Kaya — co-directors of the Turkish film Rauf.
      • The ICFT-Unesco Gandhi medal,created at this IFFI was awarded to the Turkish film Cold of Kalandar.
      • The special jury award was won by South Korean director lee Joon-ik.

 

  • 78 Schemes Cover Under DBT System

 

      • As many as 78 schemes including Jhan Dhan Yojna & MGNREGA being implemented by 17 ministries are covered under Direct Benefit Transfer (DBT) system.
      • Minister of State for Food CR Chaudhary said, DBT for foodgrains is being implemented as per the cash transfer of food subsidy rules 2015.
      • At present, cash transfer of food subsidy is being implemented in Chandigarh & Puducherry since Sept 2015.

 

  • IAAF Launches Online Portal

 

      • The International Association of Athletics Federations (IAAF) has launched an online portal for anonymous reporting on the abuse, encouragement & promotion of performance enhancing drugs.
      • The launched online portal,Report Doping is the latest weapon in its fight against cheating in sport.
      • All submitted information would be transmitted via secure networks & on completely anonymous basis.

 

  • Pankaj Advani Claims Bronze

 

      • Pankaj Advani was defeated against Andrew Pagett of Wales to settle for a bronze medal at the IBSF World Snooker Championship in Doha.
      • His opponent Andrew reached the final after displaying a14-74,8-71,0-87,78-64,0-81,70-37,7-80,37-68,19-74 win.
      • The Indian is the only player in the world to compete at the world championship level in both sports & in all formats of both billiards & snooker.

 

  • HSBC Cuts BSE’s 2017 Target

 

      • HSBC has cut BSE index target to 30,500 by 2017-end from its previous forecast of 32,400.
      • The target cut reflects fall in Indian equities since announcement of banknote ban and Trump’s win on November 8.
      • The BSE is down 4.3 per cent since November 8.
      • It said forex reserves are “substantial,” and rupee is less reliant on trade with the United States.

 

  • RBI Limits Withdrawal from Jan Dhan A/c

 

      • To check the misuse of Jan Dhan accounts ,the RBI has restricted the withdrawal from such accounts to Rs. 10,000 per month.
      • According to it, fully KYC-compliant Jan Dhan account holders will be allowed to withdraw Rs. 10,000 per month.
      • While limited or Non-KYC compliant account holders can withdraw Rs. 5,000 per month.
      • With regard to deposits,holders have a limit of Rs. 50,000.

 

  • Coal India Arm Signs Pact with SBI Caps

 

      • Central Mine Planning and Design Institute Ltd (CMPDI) the consultancy arm of Coal India Ltd has signed a MoU with investment banker SBI Capital Markets.
      • The agreement is aimed at tapping each other’s strengths to increase their respective market share.
      • The MoU covers areas like providing help for due diligence for the overseas coal and mineral properties for clients & advising bidders.

 

  • Naidu Head Committee on Demonetisation

 

      • Andhra CM Chandrababu Naidu will head a committee of Chief Ministers to suggest measures to reduce hardships caused to the common man by demonetisation of Rs 500 & Rs 1000 notes.
      • It will suggest measures to normalise the situation.
      • The panel is also expected to work on ways to move towards a cashless economy.
      • Naidu had been seeking a ban on high value notes as a way to combat black money.

 

  • Akodara becomes First Digital Village

 

      • Akodara village in Sabarkantha district of Gujarat has earned the coveted tag of becoming India’s first digital village in India.
      • The village with a total population of 1,191 people uses a various cashless system for payments.
      • All transactions in the village are carried out through digital modes like SMS, net-banking or debit cards.
      • The village was adopted by ICICI Bank in 2015.

 

  • Gross NPAs of PSU Banks Touch over 6 L

 

      • Gross Non-Performing Assets (NPA) of public sector banks has touched around six lakh thirty thousand crore rupees at the end of Sept this year.
      • Minister of State for Finance Santosh Kumar Gangwar said this in a written reply in the Rajya Sabha.
      • He said, the total number of NPA accounts are around 66 lakh 40 thousand.
      • The minister said six new Debt Recovery Tribunals have been established.

 

  • Lok Sabha Passes Taxation Amendment Bill

 

      • Lok Sabha has passed the second amendment to Taxation Laws Bill.
      • Bill seeks to tax up to 85% on those caught with undisclosed income post demonetisation.
      • The Bill is aimed to levy tax up to 85 per cent on those caught with undisclosed income after demonetization.
      • Union Finance Minister Arun Jaitley said that the money from the PM Gareeb Jan Kalyan Yojna will be used for welfare of the poor.

 

  • Govt Realizes Over 23,497 Cr from DisInv

 

    • The government has realised over 23,497 crore rupees from disinvestment as on the 15th of this month.
    • In the current financial year, the budget estimate for disinvestment is 56,500 crore rupees .
    • Finance Minister Arun Jaitley said the government has identified some central public enterprises for sale in sectors like mineral and metal, oil and capital goods
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