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Weekly Current Affairs 09 Nov-16 Nov, 2017

Dear Aspirants,

Today, we are posting Weekly Current Affairs of Nov 09-16,2017 which are important for upcoming examinations. PDF download link has been given below.

Highlights of 2nd Week Nov 09- Nov 16, 2017

  • Union Agriculture and Farmers’ Welfare Minister, Radha Mohan Singh inaugurated the three-day Organic World Congress – 2017 at India Expo Centre in Greater Noida.
  • Cabinet has approved agreement between India and the Hong Kong Special Administrative Region (HKSAR) of China for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to taxes on income.
  • The Nordic-Baltic embassies hosted the first ever youth film festival of the European nations at India Habitat Centre in New Delhi from 13 – 18 November 2017.
  • Delhi Government signed a twin city agreement with the Seoul (South Korea) Metropolitan Government with an objective to strengthen cooperation between two cities in the fields of smart city, e-governance, climate change and transportation.
  • Chennai has been included in United Nations Educational, Scientific and Cultural Organization (UNESCO’s) Creative Cities Network for its rich musical tradition. Chennai is the third Indian city to be included in UNESCO’s Creative Cities Network. Jaipur and Varanasi have already featured in the network for their contributions to music and folk arts.
  • For the first time, Mumbai is to host the 34th annual conference of the Asian Bankers Association (ABA) on 16th and 17th November 2017. The Asian Bankers Association (ABA) summit will be hosted by State Bank. The theme for this year’s summit is ‘Asia’s turn to transform’.
  • Vice-President M Venkaiah Naidu inaugurated the three-day Andhra Pradesh AgTech Summit 2017 in Visakhapatnam, Andhra Pradesh.
  • The government raised the maximum amount that a central government employee can borrow from the government to ₹ 25 lakh for new construction/purchase of new house/flat. Also, the rate of Interest on HBA will be only 8.50% at simple interest.
  • Reserve Bank of India (RBI) issued a notification outlining norms for outsourcing of functions/services by NBFCs. As per the new norms, NBFCs cannot outsource core management functions like internal audit, management of investment portfolio, strategic and compliance functions for know your customer (KYC) norms and sanction of loans.
  • As per a recent report by Bank of America Merrill Lynch (BofA-ML), by 2028, India is likely to overtake Japan as world’s third largest economy, in terms of nominal gross domestic product (GDP).
  • Adani Power has announced that its wholly-owned subsidiary 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.
  • Natalie Portman has been awarded Israel’s 2018 Genesis Prize in recognition of her commitment to social causes and deep connection to her Jewish and Israeli roots.
  • Indian Railways will start ‘Project Saksham’, India’s largest time-bound ‘upskilling’ exercise, to upgrade the skill sets of its 13 lakh employees. ‘Sakham’ is a Hindi word which translates as ‘capable’ in English.‘Project Saksham’ will begin in January 2018 and will continue till September 2018….{To Read More Download PDF from the link given below}

 

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