27th November 2018 Current Affairs

Share this news :

National festival for CCI children ‘HAUSLA-2018’ inaugurated in New Delhi

  • The Shri Rakesh Srivastava (the Secretary, Ministry of Women and Child Development) has inaugurated the four-day National Festival for Children of Child Care Institutions (CCIs) ‘Hausla 2018’ in New Delhi.
  • ‘Hausla 2018’ has seen the participation of more than 600 children from CCIs across 18 states.
  • The theme for the event is ‘child safety’.
  • The objective of the event was to provide a national platform to the children from CCIs to showcase their talent, realise their hidden talents and to take it forward in their lives.

No homework for students of classes I & II

  • According to the Ministry of Human Resource Development (MHRD) order, there will be no homework for students of classes I and II.
  • The order also said that there will be prescribed weight limit of school bags for each class.
  • The weight of school bags for students of classes I and II should not exceed 1.5 kg, while the school bag of students of class III to V should weigh between 2 kg to 3 kg.

‘PAiSA’ launched by government of India

  • The government of India launched ‘PAiSA – Portal for Affordable Credit and Interest Subvention Access’ on 26 November 2018.
  • The portal is a centralised electronic platform for processing interest subvention on bank loans to beneficiaries under ‘Deendayal Antyodaya Yojana’.
  • The web platform has been designed and developed by ‘Allahabad Bank’ which is the Nodal bank.

Microsoft surpasses Apple to become the most valuable US Company

  • Microsoft has become the most valuable US company with USD 753.3 billion in market capitalization, past Apple (USD 746.8 billion) for the first time since 2010.
  • Currently, Amazon with USD 736.6 billion is at third and Alphabet (the parent company of Google) with USD 725.5 billion is at the fourth spot.
  • Now, the investors are betting big on companies with robust Cloud services and software services which are witnessing an increased demand.
  • Microsoft has become the most valuable US company with $753.3 billion in market capitalisation, riding past Apple for the first time since 2010 when it came close to the Cupertino-based tech giant.

‘Global Wage Report’ released by ILO

  • The ‘Global Wage Report’ was released by the International Labour Organisation (ILO) on 27 November 2018.
  • According to the report, India recorded the highest average real wage growth in South Asia during the 2017-18.
  • India was followed by Nepal, Sri Lanka, Bangladesh, Pakistan and Iran.
  • For the first time, the ILO report also focused on the global gender pay gap.

The inaugural ceremony of Men's Hockey World Cup 2018 held in Bhubaneswar

  • The opening ceremony of the 14th edition of Men’s Hockey World Cup (HWC) held at the Kalinga Stadium in Bhubaneswar, Odisha.
  • Around 1,100 artists, star actors Shahrukh Khan and Madhuri Dixit and AR Rahman (music composer) have performed at the ceremony.
  • Meanwhile, matches for the World Cup will commence at Kalinga Stadium from tomorrow.

Varsha Varman won women’s trap gold

  • Varsha Varman won the women’s trap gold medal at the ’62nd National Championship for Shotgun’ on 26 November 2018.
  • She represented Madhya Pradesh at the event.
  • She won the bronze medal at the 2014 Asian Games at Incheon in the women’s double trap team event.

Prof Punyasloke got Swarnajayanti Fellowship

  • Prof Punyasloke Bhaduri of the Indian Institute of Science, Education and Research Kolkata was awarded the prestigious ‘Swarnajayanti Fellowship’ by the government of India for 2017-18.
  • Under this fellowship, scientists are provided with generous support to pursue research in the frontier areas of science and technology.
  • It is awarded for a period of 5 years.

Sunil Arora appointed new Chief Election Commissioner

  • Election Commissioner 62-years-old Sunil Arora (1980-batch IAS officer of the Rajasthan cadre) has been appointed the new Chief Election Commissioner (CEC)
  • Mr Arora (take over on 2nd December) succeeds the incumbent CEC Mr Om Prakash Rawat (retired on Saturday).
  • He has worked in ministries such as finance, textiles and the Planning Commission.
  • Arora has graduate (BA Honours) and postgraduate (MA) degrees in English from Panjab University in the Union Territory of Chandigarh.

Nageshwara Rao appointed as AERB chief

  • Nageshwara Rao Guntur has been appointed as the Chairperson of the Atomic Energy Regulatory Board (AERB) on 26 November 2018.
  • He is the Chairman of the Project Design Safety Committee, Prototype Fast Breeder Reactor and former distinguished scientist of the Nuclear Power Corporation of India (NPCI) Ltd.
  • His appointment as the AERB chairperson will be for three years.

Veteran Kannada actor Ambareesh passes away

  • Veteran Kannada actor, former minister Ambareesh (66-year) passed away in a Bengaluru.
  • He served as a union minister in the UPA government led by Manmohan Singh.
  • The actor was an MP from 1998-99, 1999-2004 and 2004-2009.

‘Tourist Police’ launched in Nagaland

  • Nagaland’s Chief Minister, Neiphiu Rio launched ‘Nagaland Tourist Police’ on 26 November 2018.
  • It will work for the safety and security of the tourists and report any crime against them to the nearest police station.
  • Nagaland is the second state in the North East to introduce tourist police.
  • Arunachal Pradesh is the first state in the North East to introduce tourist police.

Centre & ADB sign 200 million USD loan pact to upgrade state highways in Bihar

  • The Union Government and Asian Development Bank (ADB) have signed a 200 million USD loan agreement to finance widening and upgrading of about 230 Kilometers State Highways in Bihar.
  • The agreement was signed by Sameer Kumar Khare (Additional Secretary in the Finance Ministry) and Rajeev P. Singh (Officer-in-Charge of ADB’s India Resident Mission) in New Delhi.
  • This loan will help the State government to upgrade all State Highways to meet the minimum two-lane standard with better surfaces and improved road safety.
  • Under the Bihar State Highways-3 Project, a State-level Road Research Institute will also be established to improve the technical and management capacity of the Road Agency Staff.

DTAA signed between India and China

  • On 26 November 2018, India and China have signed a protocol to amend the ‘Double Taxation Avoidance Agreement’ (DTAA).
  • The DTAA has been amended for the avoidance of double taxation and for the prevention of fiscal evasion with respect to taxes on income.
  • It also incorporates changes required to implement treaty related minimum standards under ‘Base Erosion and Profit Shifting Project’.

Try out the quiz ?

1. Who inaugurated the National festival for Children of child Care Institutions (CCIs) ‘Hausla 2018’?

Correct! Wrong!

The Shri Rakesh Srivastava (the Secretary, Ministry of Women and Child Development) has inaugurated the four-day National Festival for Children of Child Care Institutions (CCIs) ‘Hausla 2018’ in New Delhi.

2. Read the following sentences:-
I. According to MHRD order, there will be no homework for students of classes I and II.
II. MHRD also said that there will be prescribed weight limit of school bags for each class.
III. The weight of school bags for students of classes I and II is between 2 kg to 3 kg.
Which of the following is correct?

Correct! Wrong!

According to the Ministry of Human Resource Development (MHRD) order, there will be no homework for students of classes I and II. The order also said that there will be prescribed weight limit of school bags for each class. The weight of school bags for students of classes I and II should not exceed 1.5 kg, while the school bag of students of class III to V should weigh between 2 kg to 3 kg.

3. The government launched “PAiSA – Portal for Affordable Credit and Interest Subvention Access”. This portal is a centralized electronic platform for processing interest subvention on bank loans to beneficiaries under which scheme?

Correct! Wrong!

The government of India launched ‘PAiSA – Portal for Affordable Credit and Interest Subvention Access’ on 26 November 2018. The portal is a centralised electronic platform for processing interest subvention on bank loans to beneficiaries under ‘Deendayal Antyodaya Yojana’.

4. Which company has become the most valuable company with USD 753.3 billion in market capitalization?

Correct! Wrong!

Microsoft has become the most valuable US company with USD 753.3 billion in market capitalization, past Apple (USD 746.8 billion) for the first time since 2010.

5. The ‘Global Wage Report’ was released by ______________ on 27 November 2018.

Correct! Wrong!

The ‘Global Wage Report’ was released by the International Labour Organisation (ILO) on 27 November 2018.

6. In which stadium the opening ceremony of the 14th edition of Men’s Hockey World Cup is held?

Correct! Wrong!

The opening ceremony of the 14th edition of Men's Hockey World Cup (HWC) held at the Kalinga Stadium in Bhubaneswar, Odisha.

7. Who won the women’s trap gold medal at the ‘62th National Championship for Shotgun’?

Correct! Wrong!

Varsha Varman won the women’s trap gold medal at the ’62nd National Championship for Shotgun’ on 26 November 2018.

8. Who got the prestigious award ‘Swarnajayanti Fellowship’ by the government of India for 2017-2018?

Correct! Wrong!

Prof Punyasloke Bhaduri of the Indian Institute of Science, Education and Research Kolkata was awarded the prestigious ‘Swarnajayanti Fellowship’ by the government of India for 2017-18.

9. Who is appointed as new Chief Election Commissioner?

Correct! Wrong!

Election Commissioner 62-years-old Sunil Arora (1980-batch IAS officer of the Rajasthan cadre) has been appointed the new Chief Election Commissioner (CEC)

10. Who has been appointed as the chairperson of the Atomic Energy Regulation Board (AERB) on 26 November 2018?

Correct! Wrong!

Nageshwara Rao Guntur has been appointed as the Chairperson of the Atomic Energy Regulatory Board (AERB) on 26 November 2018.

11. Who was Ambareesh who recently passes away?

Please select 2 correct answers

Correct! Wrong!

Veteran Kannada actor, former minister Ambareesh (66-year) passed away in a Bengaluru.• He served as a union minister in the UPA government led by Manmohan Singh.

12. Nagaland’s Chief Minister Neiphiu Rio launched ‘Nagaland Tourist Police’ on 26 November 2018. Nagaland is the _____________ state in the North East to introduce tourist police.

Correct! Wrong!

Nagaland’s Chief Minister, Neiphiu Rio launched ‘Nagaland Tourist Police’ on 26 November 2018. It will work for the safety and security of the tourists and report any crime against them to the nearest police station. Nagaland is the second state in the North East to introduce tourist police.

13. In which state the union government and Asian Development Bank have signed a 200million USD loan agreement to finance widening and upgrading of about 230 kilometres state Highways?

Correct! Wrong!

The Union Government and Asian Development Bank (ADB) have signed a 200 million USD loan agreement to finance widening and upgrading of about 230 Kilometers State Highways in Bihar.

14. With which country has India signed a protocol to amend the ‘Double Taxation Avoidance Agreement’ (DTAA) on 26 November 2018?

Correct! Wrong!

DTAA signed between India and China

Share this news :

Leave a Reply

Your email address will not be published. Required fields are marked *