Hello and welcome to exampundit. Here are the Important Current Affairs of 15 November, 2017. These are important for the upcoming IBPS PO, Clerk Mains, NICL Assistant, OICL AO exams.
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Financial and Banking News
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Union Government launches
BHARAT-22 Exchange Traded Fund
BHARAT-22 Exchange Traded Fund
- The Union Government on 14
November 2017 launched the BHARAT-22 Exchange Traded Fund (ETF) managed by
ICICI Prudential Mutual Fund targeting an initial amount of Rs 8000 crore. - This new fund offer is open to
public till 17 November 2017. - In this ETF, the Retirement Fund has been made
by separate category of Investors. - In case of overflow of funds,
additional portion will be allocated with preference to retail and retirement
funds. There is a 3 per cent discount across the board. - The strength of this fund lies in
the S&P BSE BHARAT-22 INDEX, a specially created Index which includes
shares of key CPSEs, Public Sector Banks and also the Government owned shares
in blue chip private companies like Larsen & Tubro (L&T), Axis Bank and
ITC. - The shares of the government
companies represent 6 core sectors of the economy – Finance, Industry, Energy,
Utilities, Fast Moving Consumer Goods (FMCG) and Basic Materials. - The Sector and Stock exposure
limits will help in risk management and will provide stability to this
diversified Index.
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Railways Ministry launches
comprehensive training programme ‘Project Saksham’
comprehensive training programme ‘Project Saksham’
- Union Minister of Railways &
Coal Piyush Goyal on 14 November 2017 released a comprehensive training
programme named as “Project Saksham” for imparting training to all employees of
Indian Railways with a view to upgrade their skill and knowledge. - The focus of this week-long
training is to boost productivity and efficiency. - Under ‘Project Saksham’, all
employees in each zone will be given a week-long training in skills and knowledge
relevant to their work area for over next one year. - General Managers will prioritise
the training need for each category of employees based on the needs of
respective zone. - Identification of training needs
and formulation of planned training calendar will be completed by 31 December
2017, ensuring that each employee is imparted training. - With growing rail network, new
trains, different high quality services designed by the Indian Railways, it is
imperative that the railway employees undergo proper training to deliver
superior and safe rail services. - This training will either be on
the job training or classroom training in Railway Training Centre, depending on
the nature of training. - The reporting managers of the
employees receiving training will be actively involved in the Pre-training and
post training process to ensure that the benefits of training get reflected on
the job performance. - The training will be completed
within 9 months and each zone will devise a few metrics to monitor the impact
of Project Saksham.
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News related to India & states
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Google Doodle celebrates 151st
Birthday of Cornelia Sorabji, India’s first female advocate
Birthday of Cornelia Sorabji, India’s first female advocate
- Google Doodle on 15 November 2017
honoured Cornelia Sorabji, India’s first female advocate, on her 151st
Birthday. Sorabji was the first woman to graduate in law from India in 1892 and
was the first Indian citizen to attend a British University. - Jasjyot Singh Hans created the
Google doodle with Sorabji in front of the Allahabad High Court, where she
started her career as pleader. - All over again, Cornelia appeared
for LLB examination in Bombay University with an aim to obtain a law degree.
She became the first woman graduate of Bombay University. - In 1899, she cleared the pleader
examination in Allahabad High Court but she was not acknowledged as a
barrister. - In 1923, colonial courts allowed
women advocates to present their cases. Following this, Cornelia began
practicing in Kolkata in 1924.
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Japan to relax visa rules for
Indians from 1 January
Indians from 1 January
- Japan will relax its visa rules
for Indians from 1 January 2018 and issue multiple- entry-visa for short-term
stay. - The move is expected to benefit
tourists and business persons as well as repeat visitors. The relaxed visa
regime will not only have simplification of visa application documents but also
expansion of scope of eligible applicants. - Under the simplification of visa
application documents, the applicant’s employment certificate and explanation
letter stating the reason will be exempted in cases of applying for
multiple-entry-visa.
Joint Training Doctrine Indian
Armed Forces 2017 released
Armed Forces 2017 released
- The Chief of the Naval Staff
Admiral Sunil Lanba on 14 November 2017 released ‘Joint Training Doctrine
Indian Armed Forces 2017’. - It is for the first time in the
history of the Armed Forces that Joint Training Doctrine has been publicized. - The aim of the Doctrine is to
promote synergy and integration amongst the three Services- Army, Navy and Air
force for enhanced efficiency and optimum utilisation of resources. - It brings out the approach
towards joint training at macro-level, fundamentals, objectives, joint
structures, planning, organisation amongst other aspects presently in use in
the Armed Forces. - It includes ‘Joint Training’ as a
leverage for promoting diplomacy and for highlighting Civil – Military
interface issues.
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Awards & Honors
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President Ram Nath Kovind gives
away National Child Awards 2017
away National Child Awards 2017
- The President of India, Ram Nath
Kovind, gave away the National Child Awards at Rashtrapati Bhavan, New Delhi on
14 November 2017, on the occasion of Children’s Day. - The awards include the National
Child Awards for Exceptional Achievement, National Awards for Child Welfare and
Rajiv Gandhi Manav Seva Awards. - National Child Awards for
Exceptional Achievement give recognition to children with exceptional abilities
and outstanding achievements in the fields of innovation, scholastic
achievements, sports, arts, culture, social service and music. - National Awards for Child Welfare
recognise the outstanding work of institutions and individuals in the field of
child development and welfare. - Rajiv Gandhi Manav Seva Awards
are conferred to individuals for their outstanding contribution towards service
for children, including children with disabilities.
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World News
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China launches world’s first fully
electric cargo ship
electric cargo ship
- China on 14 November 2017
launched world’s first fully electric cargo ship in Guangzhou, the capital of
Guangdong province. This 2000-metric-ton ship is the first in the world to use
lithium battery. - The ship was manufactured by the
Guangzhou Shipyard International Company Ltd. The ship is presently running in
the inland section of the Pearl River. - The ship can run 80 kilometers
after being charged for two hours. - The ship is 70.5 meters long and
has battery energy of about 2400 kilowatt hours which is the same energy of 40
new energy cars. - Its highest speed is 12.8
kilometers per hour, and there is zero emission of waste gas pollutants. - The ship will be mainly used to
run in the inland section of the Pearl River for carrying coal for the
generation of electric power. - This all-electric cargo vessel
will help in reducing the shipping costs for electric power operators. The main
cost of this ship depends on how much lithium battery it is equipped with.
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