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“Daily current Affairs – 12/11/2017”

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National News:-

1. India became the first country to partner with Facebook on disaster response:-

  • India is the first country to partner with social networking site Facebook on disaster response, Union minister Kiren Rijiju.
  • ‘India Disaster Response Summit’, organised jointly by the National Disaster Management Authority (NDMA) and Facebook.
  • The programme will be piloted in two disaster prone states Assam and Uttarakhand.

2. Telangana Government Declares Urdu as Second Official Language:-

  • Telangana Chief Minister K Chandrashekar Rao declared Urdu as the state’s second official language. Every office in the state will now have an Urdu speaking officer.

3. The 23rd edition of the Kolkata International Film Festival inaugurated:-

  • Kolkata International Film Festival (KIFF), India’s second oldest film festival, will screen an assemblage of 143 films spanning 53 countries under 16 different categories till Nov 17.
  • Britain will be the focus country this year in commemoration of the UK-India Year of Culture 2017.

4. Home Ministry sets up two new divisions to deal with radicalisation & cybercrime:-

  • The Union Home Ministry, as part of an administrative rejig, has formed two new divisions to exclusively deal with emerging security challenges such as radicalisation and cybercrime.
  • The two divisions called Counter-Terrorism and Counter-Radicalisation (CTCR) and the Cyber and Information Security (CIS) also encompass merger of some of the Ministry’s existing divisions.
  • The CTCR wing, which is basically modified version of the Home Ministry’s internal security-II division, will focus on tracking and assessing the online reach of global terrorist outfits and devising strategies to counter their propaganda.
  • The CIS division will monitor online crimes and threats, including cyber fraud and hacking, and suggest ways to minimise and fight them.

5. Ayurvedic AIIMS will be set up in Haryana’s Panchkula to promote Ayurveda in the state:-

  • Haryana government planned to promote AYUSH as well as allopathy, Unani and natural systems of medicine.
  • Chief Minister Manohar Lal Khattar said that an Ayurveda medical institute would be opened in an area of 20 acres in Panchkula on the pattern of All-India Institute of Medical Sciences.

6. Environment ministry forms 7-member panel for air pollution in Delhi:-

  • The Union environment ministry formed a seven-member committee headed by environment secretary CK Mishra, to formulate short and long-term measures to solve the problem of air pollution in the Delhi-NCR region.
  • The committee will include the secretary, department of science & technology, secretary, department of biotechnology, the additional secretary of the Niti Aayog, chief secretary of Delhi, the chairman, Central Pollution Control Board and a representative of Vidhi Centre for Legal Policy, a policy think-tank.

International News:-

1. First ever International AYUSH Conference and Exhibition held in Dubai:-

  • India will hold Dubai’s first-ever AYUSH conference to spread awareness about the prevention and management of lifestyle diseases through Yoga and Ayurveda.
  • ‘International AYUSH Conference and Exhibition 2017’ with the theme of ‘Lifestyle diseases: Prevention and management through AYUSH’ will be organised from November 9-11 by Science India Forum, a voluntary group for propagation of science among masses, with the support of Ministry of AYUSH.

2. Adani Power Inks Power Purchase Agreement with Bangladesh:-

  • Adani Power said its arm Adani Power (Jharkhand) has inked long-term pact with Bangladesh Power Development Board to supply electricity from its upcoming 1,600 MW plant at Godda in Jharkhand.
  • The company’s wholly-owned subsidiary Adani Power (Jharkhand) Limited has signed a long-term power purchase agreement (PPA) for net capacity of 1,496 MW with Bangladesh Power Development Board for 25 years.

Economic News:-

1. GST rate on 178 items which are used daily, reduced from 28 percent tax:-

  • The tax rates on over 200 items, ranging from chewing gum to chocolates, to beauty products, wigs and wrist watches, were on cut to provide relief to consumers and businesses amid economic slowdown.
  • As many as 178 items of daily use were shifted from the top tax bracket of 28 per cent to 18 per cent, while a uniform 5 per cent tax was prescribed for all restaurants, both AC and non-AC, Finance Minister Arun Jaitley said after the GST Council meeting.

2. Federal Bank gets RBI nod to open offices in Kuwait, Singapore:-

  • Federal Bank has obtained RBI approval to open representative offices at Kuwait and Singapore.
  • The bank has been the preferred banker for NRIs and the NRI friendly measures have resulted in increasing inflow of foreign remittances.

3. SEBI Imposes Fine on Gujarat CM Family for Manipulative Trading:-

  • According to SEBI order, Rupani’s alleged manipulative transactions took place between January-June 2011. His Hindu Undivided Family (HUF) has been asked to pay a fine of Rs 15 lakh.
  • The Securities and Exchange Board of India (SEBI) has penalised 22 entities, including Gujarat Chief Minister Vijay Rupani’s Hindu Undivided Family (HUF), which has been asked to pay a Rs 15 lakh fine for manipulative trading through a listed firm called Sarang Chemicals.

“Current Affairs Pulse– 11/11/2017”

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1) Which one of the following statements is/are correct regarding blackbuck conservation reserve?
i. In a few national parks and sanctuaries like Velavadar Wildlife Sanctuary in Gujarat and the Ranibennur Blackbuck Sanctuary in Karnataka are habitation to blackbuck.
ii. Blackbucks, known for their majestic spiral horns and coat colour contrasts, are found in grasslands and open forests. They once ruled the open savannahs of north and central India.
Options:
a) I only
b) II only
c) Both I & II
d) Neither I nor II
Ans: c
Refer the Hindu .

2) Consider the following statements with regarding Rampur Raza Library?
i. The Rampur Raza Library is a treasure house of Indo Islamic learning and arts setup in Thimpu.
ii. NawabFaizullah Khan in 1774, who ruled the State up to 1794 and formed the nucleus of the library through his inherited collection of valuable manuscripts, historical documents,
Options:
a) I only
b) II only
c) Both I & II
d) Neither I nor II
Ans: b
Refer the PIB Newsletter dated November 11, 2017.

3) Consider the following statements with reference to Organ Donation in India
i. vital organs like heart, liver, kidney, intestine, lungs, and pancreas can be donated only in case of ‘brain death’, but other tissues like corneas, heart valves, skin, bones etccan be donated only in case of natural death.
ii. The National Organ and Tissue TransplantOrganisation in the nodal agency entrusted with framing guidelines and regulating organ donation in India.
Which of the statement given above is/are correct?
Options:
a) I only
b) II only
c) Both I & II
d) Neither I nor II
Ans: c
Refer the PIB Newsletter dated November 11, 2017

4) Consider the following statements with regarding to recent initiative of Central Pollution Control Board
i. Plastic bag thickness below 40 Micron are Unrecyclableand it contribute 10.14% in Delhi.
ii. 30% of sea fish are expected to shrink by 2050because of increasing temperature.
Options:
a) I only
b) II only
c) Both I & II
d) Neither I nor II
Ans: b
Refer The Hindu dated November 11, 2017

5) Consider the following statements with regarding to recent initiative of
MoEF&CC
i. In recent survey from 2013 to 2017 13 species of Indian trees become extinct.
ii. Because of hydroelectric project, development of road, harvest for Timber, over exploitation and unsustainable collection of trees.
Options:
a) I only
b) II only
c) Both I & II
d) Neither I nor II
Ans: b
Refer the PIB Newsletter dated November 10, 2017.

6) The 39th Gorkha Training Centre celebrate200 years of selfless services and sacrifice tonation held in
a) Secunderabad – Telangana
b) Varanasi – Uttar Pradesh
c) Shillong – Meghalaya
d) Lucknow – Uttar Pradesh
Ans: b
Refer the PIB Newsletter dated November 11, 2017.

7) Which (one) of the following features of our Constitution is/are borrowed from the Australian Constitution?
a) Directive Principle of State Policy
b) Freedom of trade, commerce and intercourse
c) Procedure for amendment of constitution
d) Removal of Supreme Court and High Court Judges

Ans: b
Refer Polity

8) Which of the following statements is/are correct regarding the Chief Justice of India?
i) Article 124 of the Constitution of India provides for the manner of appointing judges to the Supreme Court.
ii) Justice Dipak Misra is the current CJI .
a) (i) only
b) (ii) only
c) Both (i) and (ii)
d) Neither (i) nor (ii)
Ans : c
Refer the Hindu and Lakshmikant.

9) i) An Electronic Voting Machine can record a maximum of 3840 votes and can cater to a maximum of 64 candidates.
ii) Electronic Voting Machine was first used in the 2004 general elections in India.
Which of the above statements regarding EVM is/are correct?
a) (i) only
b) (ii) only
c) Both (i) and (ii)
d) Neither (i) nor (ii)
Ans : a
EVM is used first in India in 1998 elections.

10) Counter Terrorism and Counter Radicalisation (CTCR) and Cyber and Information Security (CIS), has been created under which of the following ministries?
a) Ministry of Communication
b) Union Home Ministry
c) Ministry of Information and Broadcasting
d) Ministry of Science and Technology
Ans : b
Refer The Hindu dated 10th Nov

11) Which of the following set countries are not part of the Asia-Pacific Economic Cooperation (APEC)?
a) USA, China, Canada
b) Australia, Japan, Indonesia
c) Vietnam, Malaysia, Singapore
d) Brazil, India, Britain
Ans : d
Refer The Hindu dated 11th Nov

12) Which of the following statements is/are correct regarding Regional Comprehensive Economic Partnership (RCEP)?
i) It is a proposed free trade agreement between the member countries of ASEAN and the countries which already has existing trade with it.
ii) India is also a part of RCEP.
a) (i) only
b) (ii) only
c) Both (i) and (ii)
d) Neither (i) nor (ii)
Ans : c
Refer The Hindu dated 11th Nov

13) Singur dam is present in which of the following states?
a) Telangana
b) Odisha
c) West Bengal
d) Maharashtra
Ans : a
Refer The Hindu dated 11th Nov.

14) Which of the following statements is/are correct regarding PM2.5 ?
i) PM2.5 refers to atmospheric particulate matter (PM) that have a diameter of less than 2.5 micrometers, which is about 3% the diameter of a human hair.
ii) They are larger than their counterparts PM10, which are particles that are 10 micrometres or less.
a) (i) only
b) (ii) only
c) Both (i) and (ii)
d) Neither (i) nor (ii)
Ans : a
They are smaller than PM10.

15) Which of the following statements regarding National Anti Doping Agency(NADA) is/are not correct?
i) It is the national organisation responsible for promoting, coordinating, and monitoring the doping control program in sports in all its forms in India.
ii) BCCI does not fall under the jurisdiction of NADA at precent.
a) (i) only
b) (ii) only
c) Both (i) and (ii)
d) Neither (i) nor (ii)
Ans : d
Both the statements are correct. Refer The Hindu dated 11th Nov

16) i) DTAAs can either be comprehensive to cover all sources of income or be limited to certain areas such as taxing of income from shipping, air transport, inheritance, etc.
ii) DTAA applies in cases where a tax-payer resides in one country and earns income in another.
Which of the above statements regarding DTAA is/are correct?
a) (i) only
b) (ii) only
c) Both (i) and (ii)
d) Neither (i) nor (ii)
Ans : c
Refer PIB newsletter dated 10th Nov.

17) Who is the present chairman of the Economic Advisory Council?
a) C.Rangarajan
b) Bibek Deboroy
c) Surjit Balia
d) Ratan Watal
Ans : b
Refer The Indian Express dated 11th Nov.

18) Which of the following statements regarding the Representation of People’s Act?
i) According to law, being public servants elected representatives, MLAs or MPs, cannot hold an office of profit under section 9 (A) of the Representation of People’s Act and Articles 102 and 191(E) of the Constitution.
ii) The Act was enacted by the provisional parliament under Article 328 of Indian Constitution before first general election.
a) (i) only
b) (ii) only
c) Both (i) and (ii)
d) Neither (i) nor (ii)
Ans : a
In option (ii), it was enacted under Article 327 and not 328. Refer Lakshimikant.

19) Which is the first team to play 500 Ranji Trophy matches?
a) Tamil Nadu
b) Delhi
c) Mumbai
d) Bengal
Ans : c
Refer The Hindu dated 11th Nov.

20) i) It is an air pollutant that causes Acid rain, haze and other health related issues.
ii) It is produced predominantly when coal is burned to generate electricity.
iii) It is sometimes used as a preservative for dried apricots and other dried fruits owing to its antimicrobial properties.
Which of the following chemical is mentioned above?
a) NO2
b) SO2
c) CO
d) KOH
Ans : b
Refer The Indian Express dated 11th Nov.

“Editorial Made Simple – 09/11/2017”

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Right to Privacy

In Justice K.S. Puttaswamy v. Union of India case it is stated that:

• Life and personal liberty are inalienable to human existence…
• The human element in the life of the individual is integrally founded on the sanctity of life…
A constitutional democracy can survive when citizens have an assurance
• The rule of law will protect their rights and liberties against any invasion by the state
• Judicial remedies would be available when a citizen has been deprived of these most precious rights.

Violation of right to life:

• In 2014, Delhi University professor G.N. Saibaba was arrested under the Unlawful Activities (Prevention) Act and convicted to life imprisonment.
• He has severe disabilities and multiple related health conditions and has high support needs.
• Placing him in solitary confinement with no support violates his right to life, bodily integrity and autonomy under Article21.
• This inhuman treatment is punishment far in excess of the sentence awarded by the court.
• The prisoners may be deprived of personal liberty according to procedure established by law, but that does not include a derogation of their right to dignity.

In Shankar Shukla case:

• The guarantee of human dignity, which forms part of our constitutional culture, and the positive provisions of Articles 14, 19 and 21 spring into action
• The right to life cannot be restricted to mere “animal existence”.

Respect for diversity:

• Where there is a sentence on personal liberty, the citizen does not surrender his life to the mercy of the state.
• Privacy as an integral part of the right to human dignity is comprehended within the protection of life as well.
• Every court should develop a sensibility towards human dignity and protection of life, a respect for human diversity and pluralism.

Entitled to bail:

According to Suresh Kumar Koushal judgment on Section 377 of the Indian Penal Code and the habeas corpus case.
• The court examines disability as a ground for the grant of bail, as distinct from (but related to) “medical grounds”.

According to the Rights of Persons with Disabilities Act, 2013:

• Respect for inherent dignity, individual autonomy… and independence of persons and accessibility.
• Section 2(s) of the Act defines a person with disability as
“a person with long term physical, mental, intellectual or sensory impairment which, in interaction with barriers, hinders his full and effective participation in society equally with others.”
• In conditions of custody, such persons must be protected from any hindrance to bodily integrity and autonomy with dignity — core of his right to privacy.
• Unavailability of such a guarantee within custodial facilities entitles the prisoner with disabilities to bail.
• So far, we did not have the constitutional wisdom of the privacy Bench before us.

“Daily current Affairs – 11/11/2017”

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National News:-

1. Manipur to host International Sangai fest from Nov 21:-

  • Manipur is to host the 10-day Sangai International Festival beginning November 21, that will feature polo and a 21-km half marathon among other activities, with most countries confirming their participation.
  • Most of the Southeast Asian countries are expected to participate in the colourful festival.

2. SHe-Box Online Complaint Management System for working women:-

  • WCD Minister Smt Maneka Sanjay Gandhi launched a comprehensive SHe-Box online complaint Management System for women working in both public and private organizations to lodge complaints of sexual harassment at workplace.
  • The SHe-Box was launched in New Delhi to ensure the effective implementation of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act (the SH Act), 2013.
  • The new SHe-Box portal offers the facility of making online complaints of sexual harassment at workplace to all women employees in the country including government and private employees.
  • Those who have already filed a written complaint with the concerned Internal Complaint Committee (ICC) or Local Complaint Committee (LCC) constituted under the SH Act are also eligible to file their complaint through this portal.

3. Coal India launched “Grahak Sadak Koyla Vitaran App”:-

  • Shri Piyush Goyal, Union Minister of Railways & Coal has launched ‘Grahak Sadak Koyla Vitaran App’ benefitting customers of Coal India Limited (CIL) lifting coal through road mode.
  • The customer friendly app, launched recently in Kolkata on CIL’s Foundation Day, helps achieve transparency in despatch operations, as a tool to monitor, whether the despatches are made on the fair principle of ‘First in First Out’ and keeps track of all the activities from issuance of Sale Order to physical delivery of coal by road.

4. DRDO Conducts Successful Flight Trial of ‘NIRBHAY’:-

  • Defence Research and Development Organisation (DRDO) achieved yet another feat with the successful test flight of ‘NIRBHAY’ – India’s first indigenously designed and developed Long Range Sub-Sonic Cruise Missile which can be deployed from multiple platforms.
  • It was successfully test fired from the Integrated Test Range (ITR), Chandipur, Odisha.
    The missile has the capability to loiter and cruise at 0.7 Mach, at altitudes as low as 100 m.
  • The flight test achieved all the mission objectives completely from lift-off till the final splash, boosting the confidence of all scientists associated with the trial.

5. Rajnath Singh chairs second meeting of Island Development Agency:-

  • The Union Home Minister Shri Rajnath Singh chaired the second meeting of Island Development Agency (IDA).
  • The Island Development Agency reviewed the concept development plans and detailed master plans for holistic development of 09 islands (four in A&N Islands i.e. Smith, Ross, Long, Avis) and (five in Lakshadweep i.e. Minicoy, Bangaram, Thinnakara, Cheriyam, Suheli).
  • The project being steered by NITI Aayog aims at promoting and implementing development based on sustainable approach to building a thriving maritime economy of the project islands.
  • The IDA was set up on June 01, 2017 following the Prime Minister’s review meeting for the holistic development of islands.

6. Radha Mohan Singh to inaugurate Organic World Congress – 2017:-

  • Union Agriculture and Farmers’ Welfare Minister, Shri Radha Mohan Singh will inaugurate the three-day Organic World Congress – 2017 being organized at India Expo Centre in Greater Noida.
  • It will see the participation of 1,400 representatives from 110 countries, and 2000 delegates from India.
  • The Organic World Congress (OWC) is organized once every three years in a different country and this time it is being organised in India.
  • The last edition of the Organic World Congress took place in Istanbul, Turkey, in 2014.
  • The International Federation of Organic Farming Movements (IFOAM) and OAFI are organizing the event where 55 seeds group from 15 Indian states will showcase 4,000 varieties of seeds.
  • The goal is to move from organic India to the organic world. Shri Singh said it is important to understand that India is one of the oldest organic agricultural nations of the world.

7. Kerala rolls out ‘She Pad’ scheme:-

  • In order to ensure menstrual hygiene among girls, the Kerala government rolled out the ‘She Pad’ scheme.
  • The scheme will benefit female students from classes 6 to 12.
  • The scheme will facilitate free sanitary napkins, storage spaces for napkins and environment-friendly incinerators at all government and aided schools in the state.

8. India’s Second TISC Established at Anna University, Chennai:-

  • The Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce & Industry, Government of India, has signed an Institutional agreement with Anna University to establish India’s second Technology and Innovation Support Center (TISC) at the Centre for Intellectual Property Rights (CIPR), Anna University, Chennai, under the World Intellectual Property Organization’s (WIPO) TISC program.
  • WIPO’s Technology and Innovation Support Center (TISC) program provides innovators in developing countries with access to locally based, high quality technology information and related services, helping them to exploit their innovative potential and to create, protect, and manage their Intellectual Property Rights (IPRs).
  • CIPR has an experience of filing more than 185 Patents, 29 Trademarks, 39 Copyrights, 25 Industrial Design.

9. India slips to 7th position in business optimism ranking:-

  • India has slipped in ‘business optimism’ index to the 7th position in the September quarter, from the 2nd slot in the previous three months, showing clear signs of lag in the economy, says a survey.
  • Indonesia is at the top, followed by Finland (2nd), the Netherlands (3rd), Philippines (4th), Austria (5th) and Nigeria (6th), as per Grant Thornton’s International Business Report (IBR).

10. Kiren Rijiju inaugurates the ‘India Disaster Response Summit’:-

  • The Union Minister of State for Home Affairs, Shri Kiren Rijiju has said that India need to prepare itself for moving towards Disaster Risk Management (DRM) and Disaster Risk Reduction (DRR) from an approach of traditional Disaster Management.
  • Shri Rijiju was inaugurating the ‘India Disaster Response Summit’, organised jointly by the National Disaster Management Authority (NDMA) and Facebook, on how best to leverage social media platforms to ‘prepare, respond and recover’ for, during and after a disaster.
  • He emphasised that Disaster Mitigation Strategy should be areas of priority for addressing Disaster Risk Management.

11. Short Film Competition on Divyangjan Shashaktikaran-2017:-

  • Shri Thaawarchand Gehlot, Minister for Social Justice and Empowerment presented the Awards to the winners of ‘Short Film Competition on Divyangjan Shashaktikaran-2017’ at a felicitation event organised by Department of Empowerment of Persons with Disabilities (Divyangja) under M/o Social Justice and Empowerment in collaboration with Directorate of Film Festival.
  • The award for Best Short Film was given to Suyash Shinde for Azan, Abhay Punjabi for Achala, Amit Sonkar for Tum Main aur Hum Sab and B.D. Banshkar for I know Sign Language.
  • Narendra Joshi’s Sugamaya Bharat and Jyotsna Puthran’s Zebra Crossing bagged the first position in the categories of Documentary and T.V. Spot, respectively.

12. Modi, Hasina, Mamata flag-off Kolkata-Khulna train service:-

  • A new passenger train service between Kolkata and Bangladesh’s southwestern industrial city of Khulna was flagged off by Prime Minister Narendra Modi, his Bangladesh counterpart Sheikh Hasina and the West Bengal chief minister.
  • A fully air-conditioned weekly passenger train service ‘Bandhan Express’ will run every Thursday from both Kolkata and Khulna.
  • On the occasion, Modi said the ties of friendship between India and Bangladesh have further strengthened.

Economic News:-

1. India Signs Loan Agreement with World Bank for US$ 119 Million:-

  • A Financing Agreement for IBRD loan of US$ 119 million (equivalent) for the “Odisha Higher Education Programme for Excellence & Equity (OHEPEE) Project” was signed with the World Bank.
  • The Objective of the project is to improve the quality of students equitable access to selected institutions and enhance governance of the higher education system in Odisha.
  • The closing date for the project is 30th November, 2022.

2. HDFC Bank to set up SmartUp zones in 30 cities:-

  • HDFC Bank today announced its decision to launch SmartUp Zones in over 65 branches in 30 cities across the country where specially trained bank staff will offer tailor-made banking and advisory solutions to entrepreneurs.
  • A SmartUp Zone was inaugurated in one of the bank branches in Lucknow to act as an exclusive area inside the branch to cater to the needs of start-ups and encourage entrepreneurship in the state.

3. IDFC Bank partners MobiKwik:-

  • On the first anniversary of demonetisation, IDFC Bank has entered into a “strategic alliance” with mobile wallet major MobiKwik to launch a co-branded virtual Visa prepaid card for customers of MobiKwik.
  • One need not be a customer of IDFC Bank to use the co-branded pre-paid card.
    MobiKwik had a user base of 65 million. In the last one year, MobiKwik’s reach has increased from 1 lakh to 20 lakh merchants.

4. ‘Suno RBI Kya Kehta Hai’ campaign against fake offers soon:-

  • The Reserve Bank will soon launch an awareness campaign – Suno RBI Kya Kehta Hai – through SMSes to warn the public against falling prey to unsolicited and fictitious offers from fraudsters.
  • The drive comes amid rising instances of fraudsters trying to dupe gullible customers by promising them lucrative financial gains and prize money through e-mails and SMSes, and even through phone calls.
  • The cautionary messages will be sent from ‘RBISAY’ sender ID.

5. Dubai bank Emirates NBD begins operations in India:-

  • Emirates NBD, the UAE’s second-largest lender, has started operations in India.
  • The Mumbai branch marks the bank’s fifth international branch outside of its UAE network.
  • The bank plans to invest USD 100 million capital into its Indian operations, Emirates NBD said.

“Editorial Made Simple – 08/11/2017”

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The National Democratic Alliance government is celebrating November 8, the anniversary of demonetization, as Anti-Black Money Day

Some analysis:

1. The central bank’s recommendation to the government was that demonetization would prove to be a weak weapon in the war on black money.
2. The superior policy alternatives were available for achieving the objective.
3. The government pressed ahead with demonetization, overruling this expert advice.
4. It appears the government was in fact out of its depth on the subject.

Results shown by RBI:

a) With 99% of the demonetized ₹500 and ₹1,000 notes back in the banking system, little of the stock of the black money in the country was evidently extinguished.
b) It was successfully converted into other forms,
c) The tax authorities say that they are on the trail of the bank deposits made after November 8, 2016, and are investigating suspicious accounts.

Challenges:

1. Demonetization delivered leads, but establishing criminal evasion
2. Ensuring that the corrupt are punished is a monumental effort.
3. Procedures are time-consuming.
4. There are limitations of administrative and judicial capacity.
5. Another challenge is that of measurement.
6. The government has no official estimate of the size of the black economy.
7. Unofficial estimates range from a third of the white economy to as much as the country’s GDP.
8. Without an official estimate, it is impossible to meaningfully evaluate the demonetization in curbing black money.
9. Conversion of black money into gold and diamonds has gone on unencumbered.
10. Economists may quibble over the undue costs owing to the debilitating impact on the momentum of economic growth.
11. The damage to the vulnerable informal sectors remains unmeasured.
12. The government may extol the shrinking cash economy and growing digitization.

But an assessment of demonetization on Anti-Black Money Day can be complete only if its deliverables on the state of corruption and the corrupt are established.

But some questions still remain unanswerable:

1) Has the note-ban proved to be an effective policy tool to attack the black economy and control corruption?
2) Are fewer bribes being paid and demanded than a year ago?
3) Is corruption down?
4) Are Indians evading less tax post-demonetization?

“October Month Current Affairs from 01/10/2017 to 15/10/2017”

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Click the below image to read & download the October current affairs from 01 -10- 2017 to 15 -10- 2017

“Daily current Affairs – 08/11/2017”

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National News:-

1. India, Bangladesh joint military combat exercise “Sampriti” begins:-

  • ‘SAMPRITI 2017’, the seventh edition of Indo-Bangladesh joint military training exercise begun in Meghalaya.
  • ‘SAMPRITI 2017’ will be held from 6th – 18th November, 2017.
  • Exercise ‘SAMPRITI’ is held alternately in India and Bangladesh every year.
  • Previous edition of ‘SAMPRITI’ was held at Tangail in Dhaka, Bangladesh in 2016.

2. Two-day conference of States Power Ministers to be held in Rajgir, Bihar:-

  • A two-day conference of Ministers for Power and New & Renewable Energy of States & Union Territories will be held in Rajgir, Bihar, on 10th and 11th of November, 2017.
  • The Conference will be inaugurated by Shri Raj Kumar Singh, Union Minister of State (IC) for Power and New & Renewable Energy.
  • The aim of this two-day conference is to review the implementation of various ongoing Schemes/ Programmes and deliberate on a host of issues pertaining to Power and Renewable Energy sectors.

3. Union HRD Minister Shri Prakash Javadekar inaugurates ‘Chintan Shivir’:-

  • Union HRD Minister Shri Prakash Javadekar inaugurated a two-day National Workshop ‘Chintan Shivir’ organized by Department of School Education and Literacy, Ministry of Human Resource Development in New Delhi.
  • The main aim of the workshop is to provide holistic education relevant for 21st century India and to bring together key stakeholders from various NGOs, private sector and individuals to deliberate on key themes in the education sector.
  • He informed that workshop mainly focuses on five themes i.e. Digital education, Life Skill education, Experimental learning, Physical Education and Value education.

4. Commissioning of new Instrument Landing System at Chennai Airport:-

  • Airports Authority of India has replaced the existing Instrument Landing System (ILS) for runway 07 at Chennai International airport at a cost of Rs. 5.0 Crores.
  • ILS provides the necessary guidance to pilots as they approach for landing at the runway. The new ILS will facilitate smooth landing of the aircrafts at Chennai Airport even during rain, low clouds, smog etc. and provide an improved guidance to the Aircrafts.
  • The new system uses a highly directional antenna system – “Wide Aperture Log Periodic Antenna Array [LPDA]” system.
  • This antenna system has addressed the coverage restrictions of the old ILS, and will provide guidance to the aircraft to a much lower height and improved precision.
  • This is turn will enhance the safety of the aircraft during landing.
    The state of the art equipment is manufactured by M/s Indra Navia AS, Norway.

5. India’s Largest CDQ Facility at Tata Steel Kalinganagar:-

  • Tata Steel has established India’s largest Coke Dry Quenching (CDQ) facility, capable of handling 200 metric tonnes per hour, at its state-of-the-art steel plant at Kalinganagar Industrial Complex in Jajpur district of Odisha.

6. Telengana Government Unveils Food Processing Policy:-

  • The Telangana government unveiled the food processing policy at the ongoing World Food India 2017 conference being held in New Delhi.
  • The policy is aimed at attracting investments to the tune of Rs 20,000 crore in the food processing sector in the state and also creating about 1.25 lakh direct jobs in the next five years.

7. Odisha govt announces package of Rs. 124 crores for farmers affected by pest attack:-

  • The Odisha government has announced a package of 124 crore rupees for the farmers affected by pest attack in different areas of the state during this year’s Kharif season.
  • The decision in this regard was taken at the Agriculture Cabinet meeting chaired by Chief Minister Naveen Patnaik in Bhubaneswar.

8. Indian Railways launches main arch on world’s highest bridge:-

  • The Indian Railways has launched the main arch of the world’s highest bridge on the River Chenab in Jammu and Kashmir’s Reasi district which will provide direct connectivity to the Kashmir Valley.
  • The iconic bridge will soar 359 metres above the bed of the River Chenab and will be 30 metres higher than the iconic Eiffel Tower in Paris.
  • The bridge forms the crucial link in the 111-km stretch between Katra and Banihal which is part of the Udhampur- Srinagar-Baramulla section of the Kashmir Railway project.

International News:-

1. Guinea becomes new member of International Solar Alliance:-

  • In tune with India’s growing engagements with Africa, External Affairs Minister Sushma Swaraj held a meeting with Guinea’s Foreign Minister, Mamady Toure, during the course of which the latter handed over his country’s instrument accession to the India-initiated International Solar Alliance (ISA).
  • Toure invited the Indian government and Indian business to participate in the Investors Conference to be held at Paris in third week of November 2017.

2. India Pavilion Launched at Cop 23 in Bonn:-

  • The India Pavilion at COP 23 was inaugurated by Union Minister of Environment, Forest and Climate Change, Dr. Harsh Vardhan at Bonn in Germany. The Minister is leading the Indian delegation, which is participating in the 23rd Conference of Parties (COP-23) to the United Nations Framework Convention on Climate Change (UNFCCC) being held at the Bonn, Germany.
  • The inauguration of India Pavilion was attended by the partner ministries, government departments, multi-lateral and bilateral partners, industry associations, Non-Government Organisations and Civil Society Organisations and others.
  • India’s theme for COP 23 “Conserving Now, Preserving Future”.

3. International Day for Preventing the Exploitation of the Environment in War and Armed Conflict:-

  • On 5 November 2001, the UN General Assembly declared 6 November of each year as the International Day for Preventing the Exploitation of the Environment in War and Armed Conflict.

Economic News:-

1. HDFC Bank makes RTGS, NEFT online transactions free:-

  • Private lender HDFC Bank has made online transactions through RTGS and NEFT free of cost, with an aim to promote a digital economy.
  • However, any NEFT or RTGS transaction carried out at the bank branch will be payable.
  • On the other hand, various charges for cheque-related transactions as well as request for additional leaves will get costly from early next month for non-managed savings and salary accounts.

2. HSBC Bank pledges $100 billion of finance by 2025 to combat climate change:-

  • HSBC has pledged to provide $100 billion in financing and investment by 2025 to help combat climate change.
  • They promised $100billion of finance for low-carbon technology and sustainable development by 2025 as part its commitment to tackling climate change and other “green” goals.
  • HSBC said it will facilitate financial flows to help boost support for clean energy and lower carbon technologies.

3. Revenue Secretary Hasmukh Adhia designated Finance Secretary:-

  • Revenue Secretary Hasmukh Adhia has been designated as the new Finance Secretary.
    Adhia is a 1981 batch IAS officer of Gujarat cadre.
  • The vacancy was caused following the superannuation of Ashok Lavasa last month.
  • There are five departments under the Finance Ministry — Expenditure, Economic Affairs, Financial Services, Revenue and Department of Investment and Public Asset management (DIPAM).
  • IAS officer Rajiv Kumar of 1984 batch is the Financial Services Secretary. Ajay Narayan Jha is Expenditure Secretary and Neeraj Kumar Gupta Secretary, DIPAM. Both are 1982 batch IAS officers.
  • Subhash Chandra Garg, a 1983 batch IAS officer, is Economic Affairs Secretary.

4. AMHI wins ‘General Insurance Company of the Year’:-

  • Apollo Munich Health Insurance Company, a joint venture between integrated healthcare provider, Apollo Hospitals Group, and the Munich Re Group was conferred with the 21st Asia Insurance Industry Awards in the “General Insurance Company of the Year” category.
  • The award recognises Apollo Munich’s contribution in demonstrating market leadership during the qualifying period via innovation in products, services, practices etcetera.

The varied legacy of Russia’s October revolution

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The varied legacy of Russia’s October revolution

Russian revolution:

  • A century ago on November 7 the world was shaken by a revolution in Russia. Russian revolution is tantamount to endorsing its outcomes.

Impact of the revolution:
• There is no gainsaying that the revolution in Russia was momentous.
• It has been both horrific and benign much of it having been horrific for the people of Russia and some of it benign for the rest of the world.
• In early 1920s after the death of Lenin Joseph stain assumed the power.
• The opposition was annihilated, labor camps for dissidents established, the free press disbanded and the peasantry dispossessed.

Impact on Ukraine:
• The Ukrainians who had once dreamt of independence were suppressed.
• The grain was shipped out of their country to the rest of the Soviet Union causing famine and deaths.

Effect on Siberia:
• The tasks were assigned to them would be to work nickel mines with their bare hands in subzero temperature.

Birth of revolution:
• Stalin’s actions were no different from those of the European regimes in their colonies.
• The communist movement gave birth to the Russian revolution on the promise of powers to the people.
• Under Stalin it gave rise to a bureaucracy.
• Stalin was not sympathetic to the Indian national movement.
• Therefore the communist party of India chose to support the British during the quit India movement launched by the Congress.

Set of reforms:
• After the death of Stalin the former Soviet Union went through two rounds of reforms under Khrushchev and Gorbachev.
• Vladimir Putin said that the revolution was a reactionary combination of nativity and authoritarianism.
• He rises to power due to soviet communism’s success in preventing the creation of a free and vibrant civil society.
• Karl Marx in his communist manifesto said “a spectra is haunting Europe the spectra of communism”.
• It took the Russian revolution to bring home to the ruling class of Europe, the urgency of making concessions to workers after the Second World War.

Impact on European colonies:
• The early communist movement had a global ambition aiming for the emancipation of all subject people.
• The other consequences of the Russian revolution was for European colonies.
• Though the communist never had a hold on the British working class the British supported the Revolution.
• It’s commitment to socialism would extend to Indian national movement; had a domino effect on Europe’s colonial possessions.

India’s friendship:
• India enjoyed warm relations with the former Soviet Union. We received loans and at her forms of economic assistance and political support in UNSC.
• Soviet Union accepted payment in rupees in exchange for vital goods needed by India, including defense equipment oil and fertilizer.
• After the collapse of the Soviet Union, India’s power elites turned the country westward.

“Daily current Affairs – 05/11/2017 & 06/11/2017”

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National News:-

1. Government to build 100 airports in 15 years:-

  • India plans to expand connectivity and meet potential demand by establishing about 100 airports — doubling the current number — in 15 years at an estimated investment of Rs 4 lakh crore, minister of state for aviation Jayant Sinha said.
    • Of these, 70 will be locations that don’t have such a facility, while the rest will be second airports or the expansion of existing airfields to handle commercial flights.
    • India has 100 operational airports and is the fastest-growing aviation market in terms of domestic passenger growth.

2. Goa to hold Nobel Prize Series-India 2018:-

  • The Goa government executed a trilateral Memorandum of Understanding (MoU) with the Department of Bio-Technology, Ministry of Science and Technology and Nobel Media, Sweden to hold the ‘Nobel Prize Series — India 2018 to be held from February 1-28 next year.
    • The Nobel series has earlier been organised in Gujarat.
    • The event will consist of exhibition from the Nobel Museum and Nobel dialogues in which Nobel laureates will interact with school children and teachers.

3. India will be free from poverty, corruption, terrorism by 2022: Niti Aayog:-

  • The National Institution for Transforming India (NITI Aayog) in its document anticipated a New India by 2022 that will be free from poverty, dirt, corruption, terrorism, casteism and communalism.
    • The document has also claimed that if India continues to grow at 8% until the year 2047, the country will be one of the top three economies in the world.

4. Kerala road accident victims to get free aid for 1st 48 hrs:-

  • The Kerala government has decided to set up a ‘trauma care’ policy to provide road accident victims free treatment for the first 48 hours.
  • It plans to reimburse the treatment cost by first paying hospitals and later getting it back from insurance companies.
  • This would be launched in government medical colleges, district and taluk hospitals and major private medical institutions.

5. Army Launched Independent & fully Integrated Joint Training Node in Shillong:-

  • Aiming to host foreign armies in joint exercises, the Indian Army launched an independent and fully-integrated Joint Training Node (JTN) at Umroi cantonment.
  • The JTN is the first of its kind in eastern command and is different from other joint training centres in Belgaum, Varangte and Bakloh.

6. Assam Launches 647 scheme for welfare of Manjuli:-

  • Assam Chief Minister Sarbananda Sonowal rolled out 647 schemes entailing an investment of Rs 24.57 crore for development of the world’s largest river island Majuli.

7. FASTag Mandatory for New Four-Wheelers from December 1:-

  • December 1 would be mandatory for all new four-wheelers to have FASTag devices fixed on front windscreens by automobile manufacturers or authorised dealers.
  • A FASTag is a device that employs Radio Frequency Identification (RFID) technology for making toll payments directly from the prepaid or savings account linked to it and is affixed on the windscreen of the vehicle and enables the commuter to drive through toll plazas, without stopping for cash transactions.

8. Rs, 10,000 cr MoU Signed between Govt Of India & Patanjali:-

  • A memorandum of understanding (MoU) of Rs 10, 000 Crore was signed between the Government of India (GoI) and Patanjali at the World Food India 2017.
  • The MoU was signed by Managing Director of Patanjali, Acharya Balkrishna and Harsimrat Kaur Badal, the Union Cabinet Minister of Food Processing in the Government of India.

International News:-

1. China Unveils Asia’s Largest Island-Building Vessel:-

  • China unveiled Asia’s largest artificial island-building ship.
  • The 140-metre-long vessel, which has been dubbed as “magic island maker”, is capable of digging 6,000 cubic metres an hour, which is equivalent to three standard swimming pools, according to reports.
  • The vessel is expected to be delivered in June next year after being tested completely.

2. China launches two BeiDou-3 navigation satellites on single carrier rocket:-

  • China, which is building its own navigation system to rival United States’ GPS, has launched two BeiDou-3 satellites into space though a single carrier rocket.
  • The satellites were launched aboard a Long March-3B carrier rocket last night from Xichang Satellite Launch Center in the southwestern province of Sichuan.
  • The two newly-launched satellites represent the third phase of the BeiDou Navigation Satellite System.
  • This system will provide services for countries involved in the Belt and Road Initiative, and form a complete global satellite navigation system by 2020 — by which time China plans to have more than 30 satellites.

3. World Tsunami Awareness Day: November 5:-

  • World Tsunami Awareness Day is observed on 5 November every year across the world.
    • In December 2015, the UN General Assembly designated 5 November as World Tsunami Awareness Day.
    • The first Tsunami Awareness Day was observed in 2016.
    • The focus of World Tsunami Awareness Day 2017 will be at reducing the number of affected people globally by disasters.

Economic News:-

1. Investments worth $11 bn committed during World Food India: Harsimrat Kaur:-

  • Food Processing Minister Harsimrat Kaur Badal said $11.25 billion investments were committed in the country’s food processing sector during the World Food India event, and with government funds put together the total investments signed have reached $18.84 billion.
    • Badal announced that a dedicated cell has been put in place to ensure each of the 50 memoranda of understandings (MoUs) signed materialise on the ground level and help boost food processing levels from the current 10 per cent.
    • She also said that Maharashtra and Telangana governments announced their own food processing policy at the event and called upon other states to do so.
    • The three-day World Food India saw participation from 60 countries and over 50 global CEOs.
    • A Guinness World Records was also created by cooking 918 kg of Khichdi at the event.

2. India Post’s payments bank to open 650 branches by April-May:-

  • The government is gearing to open 650 branches of India Post Payments Bank (IPPB) by April-May next year as it looks to facilitate financial inclusion across the country, primarily in rural areas.
    • As per Communications Minister Manoj Sinha, the branches are likely to be functional in all the 650 districts of the country by April-May next year and all the rural post offices will be connected to these branches.
    • India has 154,000 post offices, of which 139,000 are rural post offices.

3. India falls 21 places in global gender equality report, ranks 108 in 144-nation list:-

  • Bangladesh has topped the South Asian countries in gender equality for the third consecutive year, ranking 47th among 144 nations.
  • It has also moved 25 notches up in the Global Gender Gap Report 2017 published by the World Economic Forum (WEF).The country was at the 72nd position among the same number of countries in last year’s index. It was ranked 64th among 145 nations in 2015.
  • Iceland has topped the index for the ninth straight term, followed by Norway, Finland, Rwanda and Sweden. Yemen is at the bottom.
  • The Maldives comes 2nd after Bangladesh among the South Asian nations, ranking 106th. Pakistan remains at the lowest position in this region.

4. ICICI bank teams with apple to launch voice based International Remittance:-

  • ICICI Bank, the country’s largest private sector bank by consolidated assets, has launched voice-based international remittance service on its Money2India application.
  • This would enable a Non-Resident Indian (NRI) customer of ICICI Bank to send money to any bank in India via just a simple voice command to Apple’s virtual voice assistant, Siri, on his/her Apple iPhone/iPad.
  • A first-of-its-kind cross border remittance service by a bank in the country, it improves customer’s convenience significantly as it replaces a five-step process, which was required to initiate a remittance to India earlier.
  • ICICI Bank is the first bank in the country to leverage on Apple’s virtual voice assistant to enable cross border remittances.

“Daily current Affairs – 05/11/2017”

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National News:-

1. First Heli Expo India & International Civil Helicopter Conclave Inaugurated:-

The 1st Heli Expo India and International Civil Helicopter Conclave-2017 is inaugurated in New Delhi by the Uttrakhand Tourism Minister Shri Satpal Maharaja.
• The first issue of Pawan Hans Magazine Aviation Today is also unveiled by the chief guests on this occasion.

2. Cauvery Tribunal Gets Six Months Extension:-

Union Ministry of Water Resources, River Development and Ganga Rejuvenation has extended the term of Cauvery Water Disputes Tribunal by six months upto May 02, 2018.
• Cauvery is an inter‐State basin having its origin in Karnataka and flowing through Tamil Nadu and Puduchery before outfalling in Bay of Bengal.
• The sharing of waters of the Cauvery has been the source of a serious conflict between the states of Tamil Nadu and Karnataka.
• In this regard, Government of India on June 02, 1990 constituted the Cauvery Water Disputes Tribunal (CWDT) to adjudicate the water dispute among Tamil Nadu, Karnataka, Kerala and Puducherry.

3. Mary Kom named Youth World Championships ambassador:-

Five-time world champion MC Mary Kom was named ambassador of the AIBA Women’s Youth World Championships to be held in Guwahati from November 19 to 26.
• Besides five world titles, Mary Kom also has an Olympic bronze medal to her credit.

4. Sri Ranganathaswamy Temple Honoured With UNESCO Award:-

Tamil Nadu’s historic Sri Ranganathaswamy Temple in Srirangam became a national symbol of conserving cultural heritage after bagging an Award of Merit from UNESCO.
• It is a matter of pride that out of over 43 applications spanning ten countries that competed for the 2017 UNESCO Asia-Pacific Awards for Cultural Heritage Conservation, the Sri Ranganathaswamy Temple is the only religious centre in the whole of South India to bag the award in 2017.
• On a side note, the famous Christ Church in Mumbai and Royal Bombay Opera House are the other historic Indian monuments that received the Award of Merit this year, in addition to the temple.

5. Goa named safest for women in India, Bihar most unsafe:-

The safest state to be a woman in India is Goa, followed by Kerala, Mizoram, Sikkim and Manipur. States where women and girls are the most vulnerable are Bihar, Jharkhand, UP and, perhaps not so surprisingly, Delhi.
The findings of the first-ever gender vulnerability index (GVI) are expected to help identify the challenges women face with respect to four parameters — education, health, poverty and protection against violence — and assist policy makers mark out priorities.

6. Allahabad to get India’s first black buck conservation reserve:-

  • Uttar Pradesh cabinet decided to make India’s first conservation reserve for black buck in Allahabad’s Meja.
  • Among the five major decisions taken in the cabinet meeting, the black buck conservation reserve in Meja Forest Division of Allahabad is seen as the most important one.

International News:-

1. Air New Zealand named airline of the year:-

 

  • Air New Zealand has been named Airline of the Year for 2018.
    • AirlineRatings.com has honoured the airline with its most prestigious award for the fifth consecutive year.
    • The Airline Excellence Awards judge airlines on 12 key criteria, including fleet age, passenger reviews, profitability, investment rating, product offerings and staff relations.

2. Col Rajyavardhan Rathore to attend World Youth Forum in Egypt:-

  • The Minister of State (Independent Charge) Youth Affairs and Sports Col. Rajyavardhan Rathore has left to attend World Youth Forum, scheduled to be held at Sharam El Shiekh, Egypt.
    • Col Rathore has been deputed on behalf of the Prime Minister Shri Narendra Modi to represent the country at the Forum.
    • The five-day forum will be inaugurated by the President of Egypt Mr Abdelfateh El Sisi tomorrow.
    • The Summit segment is expected to be attended by the Heads of State/Government, Ministers of youth from 14 countries and Representatives of UN, Arab League and African Union.
    • The Forum aims to provide a platform to the youth from all over the globe to engage with the key global policy makers.
    • The forum will cover role of youth in business and innovation, challenges and making of future leaders, gender equity and women empowerment among other things.

3. Lebanese prime minister resigns:-

  • Lebanese prime minister Saad al-Hariri resigned, saying in a televised broadcast he sensed a plot to target his life and criticising Iran and its Lebanese ally Hezbollah.
    • Hariri became Lebanon’s prime minister late last year after a political deal that also brought Hezbollah ally Michel Aoun to office as the country’s president.

4. Pakistan rated among most dangerous countries for journalists:-

  • An international index for press freedom has placed Pakistan among the most dangerous countries for journalists along with the Philippines and Bangladesh.
  • The 2017 World Press Freedom Index, prepared by international media advocacy group Reporters Without Borders (RSF), ranked Pakistan 139th out of 180 countries surveyed for the report. In 2016, Pakistan was 146th. India is 136th in the report.

5. World’s third largest book fair opens in Sharjah:-

  • With more than 1.5 million book titles and 1,650 publishing houses from 60 countries, Sharjah International Book Fair (SIBF) opened its doors to public and trade visitors. It is the third largest book fair in the world.
  • The book fair was held under the theme ‘A World in My Book’. The event has been organised by Sharjah Book Authority (SBA).