Current Affairs Update – 22nd and 23rd November, 2015

Hello and welcome to ExamPundit. Here are the Important Current Affairs Update of 22nd and 23rd of November, 2015. These are Important for the upcoming Banking and Insurance Exams.

• The Scheme Blue Revolution: Integrated Development and
  Management of Fisheries was in news as Union Minister for Agriculture and
  Farmer Welfare Radha Mohan Singh on the eve of World Fisheries Day 2015 on 21
  November 2015 mentioned about it.
• The scheme was conceptualized by Prime Minister Narendra
  Modi in 2014 and entails a total outlay of 3000 crore rupees.
• It visualizes an enabling environment for an integrated and
  holistic development and management of fisheries keeping in view the
  sustainability, bio-security and environmental concerns.
• The scheme is an umbrella scheme that has been formed by
  merging all the existing schemes for effective implementation of different
  schemes in the fishery sector

• The Securities and Exchange Board of India (Sebi) on Sunday
  signed a Memorandum of Understanding (MoU) with Bangladesh Securities and
  Exchange Commission (BSEC) on bilateral cooperation and technical assistance.
• The MoU was signed by the chairman of the two regulatory
  bodies in the presence of Sheikh Hasina, Prime Minister of Bangladesh.
• The MoU is aimed at promoting economic links, enhancing
  investor protection and development of capital markets. Sebi has so far signed
  MoUs with 21 nations.

• Urban Development Minister Venkaiah Naidu on 23 November
  2015 inaugurated ‘e-lala’, an e-commerce portal of Confederation of All India
  Traders (CAIT) in New Delhi.
• The e-lala initiative is aimed at promoting the interests of
  5.77 crore small businesses in the context of rapid expansion of e-commerce in
  the country.

• E-lala will enable physical stores to have their own online
  stores enabling them to retain their customer base besides additional source of
  growth in business.
• E-lala, a city and location based portal, seeks to promote
  business-to-business and trader-to-customer transactions in a city
• It seeks to eliminate middlemen and resulting in reduced
  cost of goods and services

• India’s junior men’s hockey team on 22 November 2015 lifted
  the 8th Men’s Junior Asia hockey cup. In the finals played at the Wisma Belia
  Hockey Stadium in Kuantan, Malaysia, India defeated arch rivals Pakistan 6-2.
• Harmanpreet Singh was the top scorer with four goals, Armaan
  Qureshi and Manpreet chipped in with a goal each. For Pakistan, the two goals
  were scored by Muhammad Yaqoob and Muhammad Dilber.
• Both nations have reached the final of Asia’s Premier Junior
  tournament six times in the last 27 years and on 22 November 2015 India and
  Pakistan squared off once again for the fourth time.

• World number one Novak Djokovic on 22 November 2015 won the
  season-ending ATP World Tour finals. In the title clash played in London,
  Djokovic defeated third seed Roger Federer, in straight sets, 6-3, 6-4.
• With this, he also became the first player to win ATP world
  tour finals for the fourth consecutive time. He also surpassed Ivan Lendl’s
  1987 feat, when he had won his third straight Tour Finals title in New York.
• Overall, this was the fifth time that Djokovic won this
  tournament. He ends the year with 11 titles, including three Grand Slams,
  taking his total to 10 majors.

• Indian-American politician Swati Dandekar was on 20 November
  2015 nominated as executive director to the Asian Development Bank (ADB) with
  ambassadorial rank by US President Barack Obama.
• Dandekar, 64, will succeed Robert M Orr, who has held the
  position since 2010. Dandekar will serve as one of 12 international directors
  and hold the title of ambassador.
• Obama announced his intent to nominate Dandekar to this top
  US position in Asian Development Bank (ADB) along with other key administration
  appointments and nominations.

• The President of Sri Lanka Maithripala Sirisena on 22
  November 2015 inaugurated the Mahatma Gandhi International Centre (MGIC)
  inaugurated in Matale. The Indian High Commissioner YK Sinha was also present
  at the inauguration ceremony.
• The center was inaugurated as a tribute to the contribution
  of Mahatma Gandhi to humanity and the continuing relevance of his principles
  and philosophy to mankind.

• The centre was built at a cost of over 4 crore rupees
• The Centre consists of an auditorium, library, meditation
  centre and a conference hall.
• It was funded under the Indian government’s Development
  Cooperation Partnership with Sri Lanka.
• The Urban Development Authority of Sri Lankan government was
  the consultant for the project.

Regards

Team ExamPundit

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