Current Affairs 16th November 2017 - Banking, SSC, UPSC Affairs

16th November Current Affairs 2017: Instantly obtain Latest Current Affairs November 16, 2017 with all essential info. Be the first to know all the Current affairs November 16, 2017 top news, Major Issues, Current happenings, Important events in National as well as International level with clear explanation. For all competitive exams and Interviews, equip yourself with the Latest Current Affairs November 16, 2017 granted here.

The Union Ministry of Minority Affairs had organized Hunar Haat at India International Trade Fair (IITF) at Pragati Maidan, New Delhi.  It has become a successful mission to provide employment and employment opportunities and national as well international markets for thousands of master artisans from across the country. It has provided a platform to master artisans and craftsmen to display their rich heritage and skills. It is also providing domestic and international markets to these artisans and craftsmen.

The Union Ministry of Railways advanced target for 100% completion of installing human waste discharge free Bio-toilets in coaches to December 2017. Earlier, the target to install bio-toilets in all its coaches as part of the Swachh Bharat Mission was by September 2019.  The bacteria convert human fecal matter into the water and a few gases (including methane) by process of hydrolysis.

Shri R.K. Singh, Minister of State (IC) for Power and New & Renewable Energy launched the Pradhan Mantri Sahaj Bijli Har Ghar Yojana – ‘Saubhagya’ Web Portal.

Indian peacekeepers in South Sudan have been putting the high effort in the conflict-torn region of South Sudan. Their dedication for peace has been awarded by United Nations. More than 1000 Indian peacekeepers have been awarded the United Nations medal for their dedicated service and sacrifice. The Medals were also presented to 268 members of the Indian Horizontal Maintenance Engineering Company (HMEC), 50 personnel providing medical care for UN staff at the Level II Hospital, and 18 members of the Force Signal Unit.

The President of India, Ram Nath Kovind, today presented Standards to the 223 Squadron and the 117 Helicopter Unit of the Indian Air Force at the Air Force Station, Adampur, Punjab. This is his first visit to Punjab after taking over as President of India.

The Food and Drug Administration approved the first drug in the United States with a digital ingestion tracking system, in an unprecedented move to ensure that patients with mental illness take the medicine prescribed for them. The drug Abilify MyCite, developed by Otsuka Pharmaceutical Co. Ltd, was first approved by the FDA in 2002 to treat schizophrenia. The ingestible sensor, made by Proteus Digital health, was approved for marketing in 2012.

Eminent chartered accountant Sethurathnam Ravi appointed as the chairman of the leading Bombay Stock Exchange (BSE). Ravi, who was a public interest director at the BSE, replaced Dhirendra Swarup. The appointment has been approved by Market regulator SEBI.

The Union Government launched the ‘Bharat 22’ exchange traded fund (ETF) managed by ICICI Prudential Mutual Fund, targeting an initial amount of about Rs8,000 crore. The ETF is part of the government’s overall disinvestment programme and mirrors the S&P BSE Bharat 22 Index, which comprises select companies from the CPSE (central public sector enterprises) universe, stakes held under the Specified Undertaking of the Unit Trust of India (SUUTI), and state-run banks.

Canada hosted the 2017 UN Peacekeeping Defence Ministerial Conference in Vancouver, Canada. This conference is the largest gathering of Defence ministers dedicated to UN Peacekeeping. The goals of this conference are to measure the progress made since the 2016 UN Peacekeeping Defence Ministerial; The main aim is to encourage new pledges from the Member States, particularly in areas where the UN faces gaps, such as rapid deployment, helicopters, and francophone units.

Binge watching in public is the new trend in India, and Indians are the second-highest public bingers in the world  (88 percent), just behind Mexico (89 percent), according to a survey released by online streaming platform Netflix. The survey was conducted by SurveyMonkey from August 24 – September 7, 2017, and based on 37,056 responses.

 According to the UN report, Syria officially signed up to the Paris Agreement, leaving the United States as the only country to reject the global climate-rescue pact. War-torn Syria became the 169th of 196 countries that are members of the UN climate convention to take the legal step of ratification. After Nicaragua signed up in October 2017, Syria and USA were the only countries not to have adopted the pact.

The Reserve Bank of India has reportedly rejected HDFC Bank's plea to declassify its parent Housing Development Finance Corporation Limited (HDFC) as a foreign institutional investor (FII). The RBI has rejected the request citing current rules which require HDFC to be classified as FII. The move will have an impact on HDFC Bank's fundraising program from qualified institutional placement (QIP). FIIs being barred from investing in the bank will limit the fundraising options as it can only be raised from domestic investors.

Indonesia’s Kevin Lilliana was crowned Miss International 2017 at an event held at the Tokyo Dome City Hall.   Lilliana also won the award for being the best-dressed contestant.

India celebrated the National Press Day on November 16 as the Press Council of India started functioning as a responsible body overlooking the works of the press as a whole body on this day. Prime Minister Narendra Modi greeted media on National Press Day, which is commemorated every year on November 16, and appreciated their contribution to make India a democratic country.

The Petroleum Ministry in consultation with Public Oil Marketing Companies has decided for preponement of BS-VI grade auto fuels in National Capital Territory of Delhi from 1st April next year instead of 1st April 2020.  This is part of government's concerted efforts to reduce vehicular emissions and improve fuel efficiency with an aim to reduce the carbon footprints and keep a healthy environment. India has followed the regulatory pathway for fuel quality and vehicle emissions standards termed as Bharat Stage or BS.

India’s Ambani family topped the Forbes list of Asia’s Richest Families for the first time with a net worth of $44.8 billion, up $19 billion from the previous year. The collective wealth of Asia’s 50 richest families on the list is a record $699 billion, according to the Forbes. The Top 3 Families in Asia- 1. India's Ambani Family- $44.8 billion 2. Korea’s Lee family- $40.8 billion 3. Hong Kong’s Kwok family-  The Top 3 Families in India- 1. India's Ambani Family- (Rank 1; $44.8 billion 2. Premji family (Rank 11; $19.2 billion net worth) 3. Mittal family (Rank 14; $17.2 billion).

The Araku Valley of Andhra Pradesh is hosting the first edition of its Hot Air Balloon Festival. The Hot Air Balloon Festival is organized by SkyWaltz and supported by Andhra Pradesh tourism. The festival will feature unique balloons from 13 countries. The participating countries are India, Australia, USA, Brazil and South Korea. The Extraordinary shaped balloons like the Seahorse, the Kiwi, the Bee and much more are lined up in the festival. This festival is being organized to promote tourism. A large team of over 100 photographers, nature lovers and students from across Andhra Pradesh and Telangana arrived at Araku to capture the scenes of the festival. Araku is known for its coffee plantations, rich cultural heritage, and stunning waterfalls.

A report by Bank of America-Merrill Lynch stated that in the next decade, India will overtake Japan to become the third-largest economy. The factors that will enable this are reduced dependency on other nations, financial maturity, and higher income and affordability. The report also adds that India is likely to become the world’s fifth largest economy by 2019. As per data available in the report, India is likely to cross Germany and Japan in nominal GDP by 2028 assuming that the nation witnesses a 10% growth every year for the next 10 years.

Note: Current Affairs Today: 16th November 2017 Latest News and Updates. Current affairs 2017 - 2018, Quiz for preparation of UPSC,IPBS,RRB,SBI PO & Clerk, RBI, Railways, Postal and other Competitive Exams. Our Current affairs page covers various sections like banking & finance, business & economy, Indian and International affairs, defence, environment,persons and many for competitive exams preparing aspirants.


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    Topics covered in the 16th November 2017 Current Affairs are
  • International News,
  • National News (ie. Indian Affairs),
  • important events associated with Science & Technology, Environment,
  • Bills & Acts Passed by Government,
  • Defence News,
  • About important Persons, Places,
  • Banking & Economical News,
  • Awards & Honours,
  • Sports News,
  • Revolutionary Updates on Arts & Culture,
  • Obituary,
  • Summits & Conference,
  • Important Committee,
  • Schemes,
  • Appointments,
  • Important Days & its Theme for Current as well as upcoming Year,
  • Books & Its Authors,
  • Agreements & MoUs,
  • Budget, Taxes,
  • Various Important Lists & Indexes,
  • Visits by World Presidents, Prime Ministers,
  • Political affairs and all Current News.

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