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Current Affairs Today – 30th November 2019
BANKING CURRENT AFFAIRS
RBI Imposes Rs 1.50 crore penalty on Corporation Bank
- The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs. 1.50 crore on Corporation Bank for non-compliance with certain provisions of directions issued by RBI.
- The penalty has been imposed in the exercise of powers vested in the RBI under the provisions of Section 47 A (1) (c) read with Section 46 (4) (i) and 51 (1) of the Banking Regulation Act, 1949.
- This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.
RBI: The Reserve Bank of India is India’s central banking institution, which controls the issuance and supply of the Indian rupee.
- Founded: 1 April 1935, Kolkata
- Headquarters: Mumbai
- Governor: Shaktikanta Das
- Deputy Governors: B P Kanungo, M K Jain, N S Vishwanathan
Corporation Bank: Corporation Bank is a public-sector banking company headquartered in Mangalore, India. The bank has a pan-Indian presence. Presently, the bank has a network of 2,432 fully automated CBS branches, 3,040 ATMs, and 4,724 branchless banking units across the country.
- Headquarters: Mangalore
- CEO: P. V. Bharathi
- Founder: Khan Bahadur Haji Abdullah Haji Kasim Saheb Bahadur
FINANCE AND ECONOMY
India’s GDP growth further dips to 4.5% in July-Sept
- India’s GDP growth hit an over six-year low of 4.5 percent in July-September 2019, dragged mainly by the deceleration in manufacturing output and subdued farm sector activity.
- The Gross Domestic Product (GDP) growth was recorded at 7 percent in the corresponding quarter of FY 2018-19.
- In the previous quarter of the ongoing fiscal, economic growth was 5 percent.
- This GDP growth data for the September 2019 quarter is the lowest since January-March of 2012-13 when it was registered at 4.3 percent.
NATIONAL CURRENT AFFAIRS
Central Govt extends deadline for FASTags to 15th December
- The Transport Ministry has extended the 01st December deadline for 100% electronic toll collection across National Highways in the country by two weeks (15th December).
- This comes as the government wants to allow a 15 days’ breather for vehicle owners to switch to FASTags.
- FASTag is a sticker that has to be put at the front windshield of your vehicle.
- This sticker becomes the radio frequency identity of your car which is automatically read by the sensors placed at the toll plazas.
Government introduced Sexual Harassment electronic Box
- The government of India has introduced an online complaint management system named Sexual Harassment electronic-Box (SHe-Box).
- It was developed by the Ministry of Women and Child Development.
- The aim of the SHe-Box portal is to facilitate the registration of complaints related to sexual harassment of women at the workplace.
- It will ensure the implementation of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act (the SH Act), 2013.
- The victim can submit a complaint in the SHe-Box portal.
- It will directly reach the concerned authority having jurisdiction to take action in the matter.
Centre approved the development of Loktak Inland Waterways
- Government approved the development of Loktak Inland Waterways improvement project in Manipur under the central sector scheme.
- The Ministry of Shipping has estimated the cost of the project is Rs.25.58 crores.
- It was announced by the Union Minister for Shipping (I/C) and Chemical & Fertilizers Shri Mansukh Mandaviya.
- Centre aims to develop the Inland water transport connectivity in North East States. It will boost the tourism sector.
UNDP launched Accelerator Lab in New Delhi
- United Nations Development Programme (UNDP) launched Accelerator Lab in New Delhi, India.
- With this lab, India will be among the 60 global ones that will test, find, and try to scale up innovative solutions that can help combat both climate change and social inequity.
- UNDP aims to address some of the major issues, like air pollution, through innovation.
- It aims to achieve the Sustainable Development Goals (SDGs) set by the UN with 2030.
UNDP: The United Nations Development Programme is the United Nations’ global development network. It advocates for change and connects countries to knowledge, experience and resources to help people build a better life for themselves.
- Headquarters: New York, New York, United States
- Founded: 22 November 1965, United States
- Head: Achim Steiner
- Parent organization: United Nations Economic and Social Council
- Awards: Shorty Social Good Award for Best in Live Events
Railways installs RTIS on the locomotives
- The Ministry of Railways has announced that a Real-time Train Information System (RTIS) is being installed on the locomotives for automatic acquisition of train movement data.
- The data includes the arrival, departure and run-through timings at the stations en route.
- The announcement was made by the Union Minister of Railways and Commerce & Industry, Shri Piyush Goyal.
- The control chart of trains drawn by RTIS enabled locomotives will get plotted automatically in the Control Office Application (COA) system that is already implemented in the control offices.
- RTIS will give mid-section location updates, including the current speed of the train, with a periodicity of 30 seconds.
Indian Railways is India’s national railway system operated by the Ministry of Railways.
- Headquarters: New Delhi
- Chairman of Railway Board: VK Yadav
- Minister of Railways: Piyush Goyal
STATE CURRENT AFFAIRS
Metro project for Jammu and Srinagar to being by 2024 Sep
- The Jammu & Kashmir government has fixed September 2024 as the deadline to start the operations on the metro project for Jammu and Srinagar.
- The estimated cost of the project is Rs.9,590 crore. On 28 November 2019, the Lieutenant Governor Girish Chandra Murmu chaired a meeting to review the proposed Mass Rapid Transit System(MRTS) and the Light Rail Projects for Jammu and Srinagar.
- The approval for the Srinagar Metropolitan Region of an approximate area of 2494.65 sq km.
- It will cover the areas in districts of Srinagar, Bandipora, Budgam, Ganderbal, Baramulla, Anantnag, Kulgam, Pulwama, and Shopian.
- The Jammu Metropolitan Region will cover an area of 2216.58 sq km.
- The areas include Jammu, Kathua, Samba, Reasi, and Udhampur districts.
Jammu & Kashmir:
- Capitals- Jammu (Winter), Srinagar (Summer)
- Lt Governor- Girish Chandra Murmu
- National Parks: City Forest (Salim Ali) National Park, Dachigam National Park, Hemis National Park, Kishtwar National Park
- Wildlife Sanctuaries: Baltal-Thajwas WLS, Changthang Cold Desert WLS, Gulmarg WLS, Jasrota WLS, Karakoram (Nubra Shyok) WLS etc
AGREEMENTS AND MOU SIGNED
India- Japan Foreign and Defence Ministerial Dialogue held in New Delhi
- India-Japan Foreign and Defence Ministerial Dialogue 2+2 is held in New Delhi on 30 November 2019.
- The dialogue will be chaired by the Defence Minister Rajnath Singh.
- The meeting provides an opportunity for the two countries to strengthen defence and security cooperation.
- It will provide greater depth to the India-Japan Special Strategic and Global Partnership.
- The two sides will exchange views on the situation in the Indo-Pacific region.
- The Indian delegations will be held by the External Affairs Minister Dr. S. Jaishankar and the Japanese delegation will be led by Foreign Affairs Minister Toshimitsu Motegi and Minister of Defence Taro K.
Japan (Capital/Currency): Tokyo/Yen
- Prime Minister: Shinzo Abe
SPORTS CURRENT AFFAIRS
Australian Steve Smith becomes fastest Cricketer to reach 7,000 Test runs
- Steve Smith became the fastest cricketer to score 7,000 Test runs, shattering a record that had stood since 1946, while moving past Donald Bradman to become Australia’s 11th highest scorer.
- The 30-year-old took a single off Muhammad Musa during the second Test against Pakistan in Adelaide to reach the milestone and take possession of a record held for 73 years by English great Wally Hammond.
- Hammond reached the mark in 131 innings, while Smith, who played his first Test nine years ago, made the grade in his 126th. India’s Virender Sehwag is the third fastest in 134 innings.
Australia (Capital/Currency): Canberra/ Australian Dollar
- Prime Minister: Scott Morrison
Government forms a 13 member committee to review National Sports Code
- Government has formed a 13-member expert committee formed by the Sports Ministry to review the controversial Draft National Sports Code 2017.
- The chairman of the expert committee is the Supreme Court judge Justice (Retd) Mukundakam Sharma.
- The committee includes Gagan Narang, Baichung Bhutia, Pullela Gopichand, Anju Bobby George, among others.
DEFENCE CURRENT AFFAIRS
Exercise SURYA KIRAN XIV to be held in 2019 December
- Joint military exercise SURYA KIRAN-XIV between India and Nepal is to be conducted at Salijhandi, Rupendehi district of Nepal from 3-16 December 2019.
- The aim of the exercise SURYA KIRAN-XIV is to conduct a Battalion level combined training between the Indian Army and Nepal Army. It will increase the interoperability in jungle warfare and counter-terrorism operations.
- Exercise SURYA KIRAN-XIV is a military exercise that is conducted every year. It is conducted alternatively in Nepal and India. The exercise SURYA-KIRAN with Nepal is an important exercise in terms of the security challenges faced by both countries in the realm of changing facets of global terrorism.
Nepal (Capital/Currency): Kathmandu/ Nepalese rupee
- President: Bidhya Devi Bhandari
Indian Army successfully test fired 2 Spike ATGMs
- The Indian Army successfully test-fired two Spike long-range anti-tank missiles at Mhow in Madhya Pradesh.
- The Spike long-range anti-tank missiles are expected to boost its combat prowess.
- It is necessary as the Indian Army has been using outdated second-generation missiles.
- It will boost the firepower capability of the Indian Army.
♦ Spike missiles are developed and manufactured in Israel
♦ Spike ATGM is the fourth-generation of the missiles that are in use
♦ It is known as the fire and forget missiles
♦ The Spike ATGMs are portable by men
♦ The missiles can destroy tanks and bust bunkers within four kilometers
NDTV won International Press Institute India award
- The private news channel NDTV won the International Press Institute India award for excellence in journalism.
- The award recognized the exposure of the conspiracy to scuttle the Kathua rape and murder case probe.
- It was a strong expose of the political hypocrisy across the political spectrum. The award will be presented to NDTV in December.
- The IPI Indian award comprises a cash prize of Rs.2 lakh, a trophy, and a citation.
International Press Institute (IPI): IPI promotes and protects press freedom and the improvement of journalism practices. IPI has members in over 120 countries.
- Founded on: October 1950
- Headquarters: Vienna, Austria
World-renowned rock climber Brad Gobright passes away in Mexico fall
- A world-renowned rock climber, US national Brad Gobright, fell to his death while climbing a sheer rock face in northern Mexico.
- He was known for his gravity-defying solo ascents with no ropes.
USA (Capital/Currency): Washington, D.C./ United States Dollar
- President: Donald Trump
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