Current Affairs 28th November 2017 - Banking, SSC, UPSC Affairs

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Current affairs The 7th international military games will be held in Wuhan city in the central China's Hubei Province. The International Military Sports Council (CISM)’s  Military World Games is a top sports event for military personnel. It comprises 329 competitions in 27 categories and is expected to attract around 8,000 participants from more than 100 countries and regions.

The Indian men’s and women’s kabaddi teams were both crowned the champions of Asia after beating Pakistan and South Korea in Gorgan, Iran. Star raider Ajay Thakur led from the front in the men’s final, as India beat their arch-rivals Pakistan 36-22. The Indian women’s team beat South Korea 42-20 in their final.

Indian contingent to BWF Para-Badminton World Championships in Ulsan, South Korea clinched 10 medals, including two golds. India’s Parul Parmar defeated Thailand’s Wannaphatdee Kamtam in the finals of the women’s singles Standing Lower (SL3). Other gold was also won by Parul Parmar, who paired with Japan’s Akiko Sugino in women’s doubles (SL 3-4) final.

A two-day Korea festival showcasing Korea's rich art, culture and heritage was inaugurated by Korea Tourism Organisation (KTO) Executive Vice President Min Hong Min at the Ambience Mall, Haryana along with Joint Secretary in the Ministry Of Tourism Suman Billa. The event also saw the signing of an MOU between leading Korean companies such as LG, Hyundai, Samsung and KTO with an aim to promote the tourism by organising MICE groups to Korea for their employees and dealers.

With an aim to empower farmers, the state government gave concurrence to introduce a draft bill on the Punjab Land Improvement Schemes Act (Amendment) Bill, 2017 for insertion of new Section 14-A in the current Vidhan Sabha session for enactment. Notably, the insertion of new Section 14-A in the Punjab Land Improvement Schemes Act (Amendment) Bill, 2017 will help in laying of underground pipes of repair, renovation of existing underground pipelines through any other land holdings etc. This move will straight away benefit the farmers of the state as due to direct water supply and better infrastructure.

The first South-Asian edition of the Global Entrepreneurship Summit (GES), which is being organised by the NITI Aayog in partnership with the government of the United States of America started in Hyderabad, Telangana. The U.S. President Donald Trump’s Adviser and daughter Ivanka Trump, who is leading the US delegation for GES 2017 attending the summit at the Hyderabad International Convention Centre (HICC). This year’s Summit will highlight the theme "Women First, Prosperity for All".

Indian online payments firm BillDesk-owned Horatio Innovations launched cryptocurrency exchange ‘Coinome’ in India offering to trade of Bitcoin and Bitcoin Cash. The Coin one allows users to register via an instant e-KYC process by using Aadhaar number. Unlike many other cryptocurrency exchanges, Coinome is an open order book cryptocurrency exchange which enables direct deals between buyers and sellers just like conventional stocks and commodities exchanges.

Valtteri Bottas won the season-ending Abu Dhabi Grand Prix from pole position, beating his Mercedes teammate Lewis Hamilton as Formula One’s season finale petered out into a procession. The Finnish driver comfortably secured the third win of his F1 career, all this season since joining from Williams. It was his 22nd career podium and 13th with Mercedes. The third spot in Abu Dhabi Grand Prix was occupied by Ferrari’s Sebastian Vettel.  This race took place at Yas Marina Cicuit in Abu Dhabi, United Arab Emirates (UAE).

State-run lender Bank of Baroda launched digital Supply Chain Finance solution which aims to accelerate working capital loan opportunities for the small and medium enterprises and large corporate clients. The new product provides a range of supply chain finance products which covers pre- and post-shipment products like dealer and vendor finance. BoB’s digital Supply Chain Finance solution has been designed to ensure faster approvals, smoother transaction processing and availability of finance to the Small and Medium Enterprises.

Union Defence Minister Nirmala Sitharaman elected as President of the Institute for Defence Studies and Analysis (IDSA). The previous Defence Minister, Manohar Parrikar, had resigned from the post after shifting to Goa as Chief Minister.

Aegon Life Insurance announced the appointment of Vineet Arora as the Managing Director & Chief Executive Officer. Vineet Arora will replace K S Gopalakrishnan. Chief People Officer of Aegon Life Insurance, Saba Adil, will serve as the interim In-charge and Principal Officer.

Odisha government launched a scheme to boost fish production in the state with a budgetary provision of Rs 96 crore. The 'Fish Pond Yojana' scheme was launched by Chief Minister Naveen Patnaik while inaugurating a workshop on 'Doubling of Farmer Income through Dairy and Allied Farming Practices' in Bhubaneswar. The scheme aims to create additional 2,200 hectares of freshwater aquaculture farming with 50 percent financial assistance to farmers.

The iconic Trump Tower comprising 140 ultra-luxury apartments launched in Kolkata and its Indian developers are expecting to garner around Rs 700 crore in sales from this project. This is the third Trump Tower to be launched in India. Realty firms Unimark Group, RDB Group and Tribeca Developers have already sold about 50 percent units since the project was soft-launched in mid-October.

Ministry of Health and Family Welfare awarded the Bronze Medal for its creative and informative display at the 37th India International Trade Fair 2017 being held at Pragati Maidan. The award was presented by Shri C R Chaudhary, Minister of State (Commerce and Industry) at a function organized to award the winners.

The Union government embarked upon a major policy initiative for the rapid transformation of 115 backward districts across the country by 2022. Senior level government officials, at the rank of Additional Secretary and Joint Secretary, have been nominated as ‘Prabhari’ officers for each district.   A detailed briefing of these officials was held under the chairmanship of Cabinet Secretary P.K. Sinha. 

The President of India, Shri Ram Nath Kovind inaugurated the International Ambedkar Conclave, organised by the Forum of SC and ST Legislators and Parliamentarians, in New Delhi.  Dr Ambedkar is considered the Chief Architect, has given our democracy a strong framework.

India and Russia have signed comprehensive anti-terror pact agreement for enhancing bilateral cooperation in tackling all forms of terrorism and count. The agreement was signed by Union Home Minister Rajnath Singh and Russia’s Interior Minister Vladimir Kolokoltsev in Moscow after they held wide-ranging talks. Both countries emphasized the need to the strength of the relationship between them which has been consolidated in past 70 years in all areas. They also agreed that terrorism must be fought unitedly and there were no good or bad terrorists.

The Union Ministry of Women and Child Development (WCD) launched an intensive training program for Elected Women Representatives (EWRs) of Panchayati Raj Institutions and Master Trainers in New Delhi. It is capacity building program organized by National Institute of Public Cooperation and Child Development (NIPCCD) of WCD Ministry. It is for the first time ever initiative of this scale has been taken up to train EWRs who will go out and administer villages professionally.

India and Greece have signed Air Services Agreement (ASA) and MoU on Cooperation (MoC) in the field of New and Renewable Energy. The agreements were signed after bilateral talks between External Affairs Minister (EAM) Sushma Swaraj and her visiting counterpart Minister for Foreign Affairs of Greece Nikos Kotzias in New Delhi. ASA is signed between countries to decide on a number of flights that airlines can fly into each other’s countries.

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    Topics covered in the 28th November 2017 Current Affairs are
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  • Bills & Acts Passed by Government,
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  • 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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