Current Affairs

Weekly Current Affairs November 2018: Week IV

Banking and Financial Awareness:

  • Security and Exchange Board of India (SEBI) announced a new rule for re-classification of a promoter as a public investor.
  • For retail investors to buy government securities, National Stock Exchange of India (NSE) has launched a mobile application and web-based platform named “NSE goBID”. 
  • An alternative asset manager and a wholly owned subsidiary of SBI Capital Markets, SBICAP Ventures (SVL), has launched two funds for the small and medium enterprises (SMEs) and affordable housing sectors.
  • To examine issues related to the surplus capital of Rs 9.69 lakh crore with the central bank, RBI board decided to set up a high-powered committee for restructuring stressed assets in the MSME sector.
  • For resolving large bad loans, the chairman of a bankers’ panel, Sunil Mehta, had announced that an asset management company (AMC) has been formed and will be called as Sashakt India Asset Management.
  • From November 15 to February 28, Karnataka Bank has launched a special campaign for opening current account and savings accounts (CASA).

Appointments 

  • To fight for child rights, singer Nahid Afrin of Assam has been appointed as the first ‘Youth Advocate’ of the northeastern region by the UNICEF. 
  • Facebook Inc.-owned messaging service WhatsApp has appointed Abhijit Bose as head of WhatsApp India.
Weekly Current Affairs November 2018: Week IV

Honour, Awards and Ranks

  • 8th Forbes India Leadership Awards (FILA), which has had 9 categories to acknowledge the outstanding contributions of CEOs, entrepreneurs and business leaders of diverse backgrounds, was released in Mumbai.
  • For excellent work done by the WCCB in combating transboundary environmental crime, United Nation Environment has awarded Wildlife Crime Control Bureau (WCCB), Ministry of Environment, Forest and Climate Change, Government of India with Asia Environment Enforcement Awards, 2018.
  • Chairman of Wipro Azim Premji, has won Forbes India Leadership Awards 2018.
  • Indira Gandhi Prize for Peace, Disarmament and Development has been won by Centre for Science and Environment (CSE). 
  • Golfer Shubhankar Sharma became the first Indian to win the tour’s ‘Sir Henry Cotton Rookie of the Year’ award.
  • India’s great sarod master, Ustad Amjad Ali Khan, was presented the ‘Sumitra Charat Ram Award for Lifetime Achievement’ at the Kamani Auditorium, New Delhi.

MOU’s, Agreement and Summits

  • 12th World Congress on Mountain Medicine started in Kathmandu, Nepal, theme - “Mountain Medicine in the Heart of the Himalayas”.
  • Asia-Pacific Economic Cooperation (APEC) summit was held in Port Moresby, Papua New Guinean capital.
  • For energising the start-up ecosystem in East and Northeast India, IIM Calcutta Innovation Park and Indian Chamber of Commerce(ICC) has signed an MoU.
  • To offer the fans a great viewing experience of the upcoming semi-finals and final of the ICC Women’s World T20 which will held in West Indies, International Cricket Council (ICC) announced its partnership with Google.
  • To develop a roadmap for modernization of its air traffic services, Airports Authority of India (AAI) has inked an agreement with the US Trade and Development Agency (USTDA) 
  • To open a state-of-the-art innovation center, Kerala state government had signed an MoU with Airbus BizLab.
  • To provide reliable, quality, and affordable 24×7 electricity to the citizens of Jharkhand, Government of India, the Government of Jharkhand and the World Bank signed a $310 million Loan Agreement for Jharkhand Power System Improvement Project.
  • To enhance the support of developing nations in effectively implementing Paris Agreement to combat climate change, 27th BASIC Ministerial Meeting on Climate Change held in New Delhi.

Important news – world

  • Two years after withdrawing from the 53-nation grouping, Maldives cabinet has approved to re-join the Commonwealth.

Important News- India

  • To commemorate the 550th birth anniversary of Guru Nanak, PM Narendra Modi have constituted National Implementation Committee (NIC) under the Chairmanship of Union Home Minister Rajnath Singh.
  • PM Narendra Modi laid the Foundation Stones of City Gas Distribution (CGD) Projects in 65 Geographical Areas (GAs) in 129 Districts from Vigyan Bhawan, New Delhi.
  • The Embassy of India in Nepal and Confederation of Indian Industry (CII) organized an exhibition of construction equipment and technology-ConMac 2018 in Bhaktapur near Kathmandu, Nepal.
  • To detect adulteration in milk, Researchers from the Indian Institute of Technology (IIT) Hyderabad have developed a smartphone-based sensor.
  • To reduce sewer deaths and put an end to the unsafe practice of manual scavenging, Sulabh International has introduced India's first sewer cleaning machine.
  • India's first specialized hospital for Elephants was formally opened in Churmura village in Mathura district of Uttar Pradesh.

Defence News

  • USD 500 million deal signed between India and Russia for construction of two missile frigates in Goa for the Indian Navy.
  • 12-day long joint military exercise ‘Vajra Prahar’ between India and the United States commenced in Jaipur.
  • India and Russia ‘EXERCISE INDRA’ conducted at Babina Military Station in Jhansi, Uttar Pradesh.

Sports News

  • MC Mary won six boxing world titles by clinching the 48 kg gold at the 2018 AIBA Women’s World Boxing Championships in New Delhi.
  • Cricketer Wasim Jaffer became the first Indian batsman who touch the 11,000-run figure in the Ranji Trophy.
  • Bangladesh won the 59th edition of the junior boys Subroto Cup International Football Tournament in New Delhi.
Weekly Current Affairs November 2018: Week IV Weekly Current Affairs November 2018: Week IV Reviewed by Shweta Kashyap on November 26, 2018 Rating: 5

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