IMPORTANT CURRENT AFFAIRS OF NOVEMBER 28th , 2018
IMPORTANT
CURRENT AFFAIRS OF NOVEMBER 28th, 2018
1.
Prime Minister Narendra Modi left
for Argentina to attend the G20 summit on
November 28.
a. He will
return on December 02.
b. Modi will be
speaking on Digital Revolution in India, Ayushman Bharat programme,
Soil Health Card and other Central government schemes besides Risk
posed by volatility in oil prices and terrorism at the summit.
c. PM will also
hold bilateral meetings with several leaders like Chinese President Xi Jinping,
US President Donald Trump, United Nations Secretary-General António Guterres on
the margins of the G-20. He will be holding a bilateral meeting with .
d. The BRICS
(Brazil, Russia, India, China and South Africa) head of states will also meet
in the margins of G20.
e. Note : PM Modi,
his Japanese counterpart Shinzo Abe and US President
Donald Trump will participate in a Trilateral meeting on the sidelines
of the G20 summit in Argentina later this week.
i) This will be
the 1st trilateral meeting between India, Japan and the US at
the leaders' level.
2.
The 1st Sustainable Blue Economy Conference was
held in Nairobi (Kenya).
a. This
conference was organized by Kenya and cohosted by Japan and Canada.
b. Theme of
Sustainable Blue Economy Conference 2018 : ‘The Blue
Economy and the 2030 Agenda for Sustainable Development.’
3.
Voting for 230-member Madhya Pradesh Assembly
and 40-member Mizoram Assembly began today.
4.
The International Gita Festival 2018 will be
organised in Kurukshetra in Haryana from December 7 to 23, 2018.
a. The objective
behind this event is to spread the message of Gita to world.
5.
Tamil Nadu Police has banned officials below the rank of sub-inspector
from using mobile phones while on an important duty.
6.
To boost Intellectual Property Right (IPR) culture in indigenous
defence industry, the Union Defence Minister Nirmala Sitharaman launched ‘Mission
Raksha Gyan Shakti’ in New Delhi.
a. It was
instituted by Department of Defence Production as part of the ongoing
initiatives to enhance self-reliance in defence.
b. Aim of
Mission Raksha Gyan Shakti : To provide a boost to IPR culture in indigenous defence
industry.
7.
India's largest bank State Bank of India (SBI) has
increased Fixed Deposit (FD) interest rates for select
maturity periods with effect from today.
a. FDs below ₹1 crore with maturity period of one to two years will fetch 6.8%
as compared to 6.7% earlier.
b. The interest
rate on FDs with maturity period of two to three years has been hiked from
6.75% to 6.8%.
8.
The government is planning to combine two state-run power sector
lenders, Rural Electrification Corporation and Power
Finance Corporation.
a. In the first
phase of the deal, REC will acquire a majority stake in Power Finance valued at
$2.5 billion by the end of this fiscal.
b. Note : The
government has a 65.6% holding in Power Finance Corporation.
9.
A ministerial panel led by Finance Minister Arun Jaitley has
decided to sell 100% of Air India's ground handling arm Air
India Air Transport Services (AIATSL).
a. The proceeds
will be used to retire a part of Air India's debt.
10.American business and
financial services company Moody's has downgraded Yes
Bank's ratings to non-investment grade and changed outlook to negative
citing corporate governance concerns.
a. Note : Three Yes
Bank directors, including Chairman Ashok Chawla, have resigned in
the last two weeks.
11.The Ministry of Housing
and Urban Affairs today launched a centralised electronic platform titled 'PaiSA',
for processing interest subvention on bank loans to beneficiaries under Deendayal
Antyodaya Yojana - National Urban Livelihoods Mission (DAY-NULM).
a. It has been
designed and developed by Allahabad Bank.
b. PAISA – Portal
for Affordable Credit and Interest Subvention Access
12.LG
Electronics has replaced the President of its mobile business Hwang
Jeong-hwan with Brian Kwon.
a. It comes
after LG's mobile business posted a loss of $410 million this year, including a
$130.5 million net loss in the last quarter.
13.Hospitality startup OYO has
appointed Max Healthcare Executive Director Rohit Kapoor as
the CEO of its new real estate business.
14.Indian
Government has inked $75 million loan agreement with Asian
Development Bank (ADB) for Karnataka Integrated Urban Water
Management Investment Program.
a. Under this
programme, 24 x7 water supply will be provided in Karnataka’s four coastal
towns of Kundapura, Mangalore Puttur and Udupi and improve sanitation
infrastructure for Mangalore town.
15.Animator Stephen
Hillenburg (57), who created the cartoon series Sponge Bob
SquarePants, has passed away.
a. The animator
was suffering with amyotrophic lateral sclerosis (ALS), also known as motor
neurone disease (MND).
b. Earlier this
year, he was honoured with a special Emmy "for his contribution
and impact made in the animation field and within the broadcast industry".
16.Wipro Chairman Azim
Premji received the highest French civilian honour, Chevalier
de la Legion d'Honneur (Knight of the Legion of Honour) from
French Ambassador to India Alexandre Ziegler.
a. The award was
bestowed on Premji for his economic outreach in France, his
contribution to developing the IT industry in India, and contribution to
society as a philanthropist.
17.Legendary screenwriter Salim
Khan was honoured with IFFI Special Award at the
closing ceremony of the 49th edition of the International Film Festival
of India (IFFI) for his contribution to Indian cinema.
a. His son and
actor Arbaaz khan received the award on behalf of him.
b. The award
carries a cash prize of Rs 10 lakh, a certificate, and
a shawl.
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