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Current Affairs November 4th 2018

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Current Affairs November 4th 2018

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Current Affairs is a type of broadcast journalism where the emphasis is on detailed analysis and discussion of news stories that have recently occurred or ongoing at the time of broadcast. The article Current Affairs November 4th 2018 includes News summary on current events of International, National, Banking, Sports Awards, Appointments and Quiz importance of November 4th 2018.

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IORA member states establish ‘Be the Legacy’ internship programme to honour Nelson Mandela

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Key Highlights:

  • On 2nd November 2018, the Indian Ocean Rim Association (IORA) ‘Be the Legacy’ internship programme was announced at the end of the 18th IORA meeting in Durban, South Africa.

  • The internship programme will be launched on July 18, 2019, the 101st birth anniversary of Nelson Mandela.

  • The programme has been established by IORA members, including India, to honour former South African president Nelson Mandela.

  • The programme aims to empower people under the age of 30 from IORA member states with work experience in their interested fields of study.

  • IORA was established in March 1997 through the vision of Nelson Mandela.
India-UAE Partnership Summit (IUPS) 2018 held in Dubai on October 30 & 31, 2018

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Key Highlights:

  • On 30th and 31st October 2018, India-UAE Partnership Summit (IUPS) 2018 was held in Dubai, United Arab Emirates (UAE).

  • The summit aimed to promote investments from UAE to India and India to UAE.

  • It aimed to identify the investment areas, projects, funding needs and helped to raise investments to funds vital infrastructure projects.

  • The focus sectors for IUPS 2018 were: investments in Education and SME’s, Skill Development and Placements.

  • Focus Indian States were: Delhi, Assam, Punjab and West Bengal.

  • Focus UAE Emirate: Sharjah

  • IUPS was hosted by Business Leaders Forum (a unit of India Trade & Exhibition Centre m.e.) in association with Indian Embassy-Abu Dhabi & Consulate General of India-Dubai and UAE Ministry of Economy.

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India and Japan signed a Loan Agreement worth Rs. 1817 crore for the ‘Project for the Construction of Turga Pumped Storage (I)’ in the State of West Bengal

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Key Highlights:

  • On November 2, 2018, Ministry of Finance announced loan agreement with Japan International Cooperation Agency (JICA) for the Construction of Turga Pumped Storage (I) to be done in West Bengal.

  • The Agreement was signed between Shri C.S. Mohapatra, Additional Secretary, Department of Economic Affairs (DEA), Ministry of Finance, Government of India and Mr. Katsuo Matsumoto, Chief Representative, JICA, New Delhi on Japanese Official Development Assistance.

  • The agreement was for a Japanese Official Development Assistance loan that amounted to Yen 29.442 Billion or Rs. 1817 crore approximately.

  • These would contributing to the Industrial Development and Living Standard Improvement in the State of West Bengal.
Indo-French Conclave held in Nagpur, Maharashtra; Indian & French firms sign 12 pacts worth 200 million euros
Key Highlights:

  • On 2nd November 2018, Indo-French Conclave was held in Nagpur, Maharashtra, in which French and Indian firms signed 12 agreements worth 200 million euro.

  • The Indo-French Conclave was organized by Indo French Chamber of Commerce & Industry (IFCCI) and the Embassy of France in India.

  • The 12 agreements signed include French multinational Thales Group signed agreements with 7 Indian firms: Godrej Precision Engineering, Bharat Forge, Amphenol Interconnect India, Larsen & Toubro, Solar Explosives, Mahindra Defence Systems and Coriolis.

  • Agreement between energy firm Technique Solaire and the Maharashtra Energy Development Agency Agreement between aeronautical firm Turgis & Gaillard and the Maharashtra Airport Development Company (MADC).

  • French ropeway firm Poma gave letters of intent for 2 projects in Nagpur and Tadoba, in Vidarbha region.

  • French hospitality major Accor Hotels exchanged a letter of intent with Gurugram-headquartered Interglobe Hotels Limited.

  • These agreemnents will help to create 3,000 jobs in Maharashtra. Ambassador of France to India Alexandre Ziegler also participated in the conclave.
Preparatory Meeting of the “Shanghai Cooperation Organization Joint Exercise on Urban Earthquake Search & Rescue -2019” held in New Delhi

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Key Highlights:

  • On November 2, 2018, the two-day long preparatory meeting of the “Shanghai Cooperation Organization Joint Exercise on Urban Earthquake Search & Rescue- 2019” concluded in New Delhi.

  • It was the first phase of the main exercise scheduled for 21-24 February, 2019 in Delhi which will be organized by the National Disaster Response Force (NDRF) on behalf of Government of India.

  • The key note address was delivered by Shri R. K. Jain, Member, National Disaster Management Authority (NDMA).

  • The meeting focused on chalking out the plan, discuss requirements, details and modalities of main exercise, which is scheduled for February, 2019.

  • It also highlighted on sensitization about the dimensions of disaster and responsibility of SCO.

  • Furthermore, India has also hosted the South Asian Annual Disaster Management Exercise (SAADMEx), Asian Ministerial Conference for Disaster Risk Reduction (AMCDRR) and Bay of Bengal Initiatives for Multi-Sectoral, Technical and Economic Corporation (BIMSTEC).
Delhi government, Indian Railways partnered for Mukhyamantri Tirth Yatra Yojana

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Key Highlights:

  • On November 1, 2018, the Delhi government along with the Indian Railways launched a scheme to give free tourism package for senior citizens travelling to 5 religious circuits.

  • The name of the scheme is: Mukhyamantri Tirth Yatra Yojana.

  • Under the scheme, 1100 senior citizens from all Delhi constituencies will be able to avail the offer, The AAP government will bear expenses of 77,000 pilgrims every year.

  • The destinations will include Vaishno Devi, Haridwar, Amritsar, Ajmer, Agra, and would commence on December 2018.

  • Non-AC coach with 15 coaches and paramedics and a government doctor will be provided for them.
President Kovind inaugurated 2-day Gyan Kumbh in Haridwar

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Key Highlights:

  • On November 3, 2018, a two-day Gyan Kumbh was inaugurated by President Ram Nath Kovind at Patanjali Yogpeeth in Haridwar.

  • To inculcate good manners and character building in the students.

  • He also addressed the first convocation of the AIIMS at Rishikesh.

  • Chief Minister of Uttarakhand Trivendra Singh Rawat, Higher Education Minister Dhan Singh Rawat and Swami Ramdev were also present on the occasion.
Odisha Aerospace & Defence Manufacturing Policy rolled out by the state government

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Key Highlights:

  • On November 3, 2018, Odisha Aerospace & Defence Manufacturing Policy, 2018 was approved by the state cabinet and rolled out by Odisha government.

  • This was done ahead of the second edition of ‘Make In Odisha Conclave’ to be held here from November 11 to November 15.

  • Under this The process of industrialisation will be accelerated through promotion of aerospace and defence manufacturing, Generation of employment opportunities and promotion of value addition will be achieved.

  • Capital grants of 50 per cent of the infrastructure cost limited to Rs 10 crore for subsequent aerospace and defence parks.

  • For establishing manufacturing facilities in the state, extension of capital subsidy of Rs 100 crore for the first three OEMs (original equipment manufacturer) will be provided with investment of at least Rs 1000 crore and generating 1000 domiciled employment.
Arunachal Pradesh Tourist Police & Arunachal Suraksha App launched to help visitors

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Key Highlights:

  • On 2nd November 2018, Arunachal Pradesh Police launched the Arunachal Pradesh Tourist Police and the Arunachal Suraksha App to help the citizens during emergencies.

  • Arunachal Pradesh Chief Minister Pema Khandu launched the Arunachal Pradesh Tourist Police and the Arunachal Suraksha App at a function held at Dorjee Khandu Convention Centre in Itanagar, Arunachal Pradesh.

  • The launch was part of the 46th Raising Day celebration of Arunachal Pradesh Police, which started on 2nd November and will conclude on 8th November 2018.

  • Through Arunachal Suraksha App, users can find the nearest police station and contact details and make direct call to police by pressing a button.

  • This mobile app is first of its kind for Arunachal Pradesh police. It also has the capacity to send SOS message to emergency contacts.

  • By pressing the ‘Save Me’ button, user can send message to the nearest police station.
4-member committee to examine waste dumping near Polavaram project: NGT

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Key Highlights:

  • On November 3, 2018, the National Green Tribunal ordered a four-member committee to conduct an inspection and submit report about the waste dumping issue at the Polavaram dam in Andhra Pradesh.

  • The decision of the committee was taken by a bench headed by NGT Chairperson Justice Adarsh Kumar Goel.

  • The committee would comprise of representatives of the Central Pollution Control Board, additional principal chief conservator of forests, theState Pollution Control Board and the district magistrate.

  • The nodal agency for execution of this order would be Andhra Pradesh Pollution Control Board.

  • The report for this would be submitted to the NGT tribunal by 2 months.

shape Banking

Chola MS & IndusInd Bank renewed decade long Bancassurance partnership for 5 years

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Key Highlights:

  • On November 3, 2018, Chola MS General Insurance and IndusInd Bank Ltd renewed their corporate agency arrangement for a period of five years.

  • This is a part of a decade-long partnership has garnered around Rs. 37 billion and serviced close to half a million customers during 2017-18.

  • They will roll out more innovative digital insurance solutions, especially in claims servicing, targeting to double its premium over the next five years.
IPO timeline to be cut to 3 days from 6 days: SEBI

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Key Highlights:

  • On November 1, 2018, the Securities & Exchange Board of India (SEBI) cut listing time for an IPO to 3 days from 6 at present.

  • This will be done in a phased manner with the 1st phase starting from January 1, 2019.

  • For the implementation, Unified Payments Interface was launched as an alternative payment option for retail investors, buying shares in a public issue.

  • After 3 months i.e., from April 1, 2019, in the 2nd phase the physical submission mechanism of bid forms would be discontinued.

  • For the implementation of this procedure, it introduced the use of UPI as a payment mechanism with Application Supported by Block Amount (ASBA) for applications in public issues by retail investors through intermediaries.

  • The 2nd phase having T+6 days will continue for another 3 months or floating of 5 main board public issues whichever is later.

  • This means in Phase II, such entities shall aim to expeditiously complete the process of listing of shares and commencement of trading, in any case, not later than T+6.

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2018 SAFF U-15 Championship in Nepal

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Key Highlights:

  • From 25th October to 3rd November 2018, the 5th SAFF U-15 Championship 2018 was held at the ANFA Complex, Kathmandu, Nepal.

  • Bangladesh beat Pakistan 3-2 on penalties in the final, and won its 2nd SAFF U-15 Championship title. Earlier, Bangladesh had won the title in 2016.

  • Pakistan finished as the runner-up. India beat Nepal 1-0 and finish in the third position.
Vietnam will host the Formula 1 race in April 2020 in Hanoi

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Key Highlights:

  • Vietnam will host Formula 1 race in its capital city Hanoi for the first time in April 2020.

  • The Vietnamese government has given its support for the race. But Federation Internationale de l’Automobile (FIA), Formula 1’s governing body, has not given the approval yet.

  • The circuit for the Formula 1 race will be unveiled soon. Funding for the race will be provided by the private sector, and not by the government.

  • It will be the third Formula 1 race to be hosted in south-east Asia following Singapore and Malaysia.

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Pather Panchali on BBC’s list of 100 best foreign language films

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Key Highlights:

  • The film Pather Panchali has been listed in BBC’s list of 100 best foreign language films.

  • It is the only film from India to feature in the list. It was directed by Satyajit Ray and released in 1955.

  • Pather Panchali is at number 15 in the list. The list is topped by Akira Kurosawa’s film Seven Samurai.

  • The list features 100 films from 67 different directors, from 24 countries, and in 19 languages.
Malayalam writer Mukundan selected for Ezhuthachan award 2018

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Key Highlights:

  • On November 3, 2018, 76-year old noted Malayalam writer M Mukundan has been selected for 2018 Ezhuthachan Puraskaram award, the highest literacy prize of the Kerala government.

  • He will be conferred for his overall contributions to the language and literature.

  • The award carries a cash prize of Rs five lakh and citation.

  • Mukundan is popularly known as the writer of Mayyazhi and has been a recipient of the Chevalier of Arts and Literature by the French Government in 1998.

  • He also won many noted literary awards including the Kendra Sahitya Akademy award, Kerala Sahitya Akademy award, Vayalar award, MP Paul award, Muttathu Varkey award and NV Puraskaram.

  • A famous novel written by him is, ‘Mayyazhipuzhayude Theerangalil’ (On the banks of river Mayyazhi), Others are “Daivathinte Vikrithikal”, “Kesavante Vilapangal” and “Delhi Gadhakal”.

shape Appointments

RBL Bank appointed Vikas Muttoo as CEO of its subsidiary Swadhaar Finserve
Key Highlights:

  • On November 1, 2018, RBL Bank announced appointment of Vikas Muttoo as CEO of Swadhaar Finserve.

  • Prior to this, Muttoo was the chief business officer of microlender Bharat Financial.

  • Swadhaar Finserve Private Limited, wholly-owned subsidiary of the RBL Bank.

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AI bot ‘ClaRAN’ can spot radio galaxies

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Key Highlights:

  • Researchers have taught an Artificial Intelligence (AI) bot named “ClaRAN” to identify galaxies in deep space.

  • The AI bot named “ClaRAN” used to recognise faces on Facebook. It has been trained to scan images taken by radio telescopes.

  • It can spot radio galaxies – galaxies that emit powerful radio jets from supermassive black holes at their centres.

  • ClaRAN is the brainchild of big data specialist Dr Chen Wu and astronomer Dr Ivy Wong from The University of Western Australia node of the International Centre for Radio Astronomy Research (ICRAR).

  • ClaRAN was developed from an open source version of Microsoft and Facebook’s object detection software.

  • ClaRAN is an open source software and is publicly available on Microsoft-owned GitHub.

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Q1. Where was the preparatory meeting of the “Shanghai Cooperation Organization Joint Exercise on Urban Earthquake Search & Rescue- 2019” held on 1st and 2nd November 2018?
    A. Mumbai B. Kolkata C. Chennai D. New Delhi Answer: D

Q2. Which state/union territory government along with the Indian Railways launched the ‘Mukhyamantri Tirth Yatra Yojana’ scheme to give free tourism package for senior citizens travelling to 5 religious circuits?
    A. Goa B. Pondicherry C. Chandigarh D. Delhi Answer: D

Q3. Where was the two-day Gyan Kumbh inaugurated by President Ram Nath Kovind on 3rd November 2018?
    A. Haridwar, Uttarakhand B. Ghaziabad, Uttar Pradesh C. Ahmedabad, Gujarat D. Jaipur, Rajasthan Answer: A

Q4. A 59 minute loan portal to enable easy access to credit for MSMEs and grant of loans upto ______ rupees through this portal, was launched at the launching ceremony of Government’s Support and Outreach Initiative for MSME in New Delhi, on 2nd November 2018?
    A. Rs. 1 crore B. Rs. 2 crore C. Rs. 50 lakh D. Rs.10 lakh Answer: A

Q5. Ministry of Finance announced loan agreement worth _____ rupees with Japan International Cooperation Agency (JICA) for the Construction of Turga Pumped Storage (I) to be done in West Bengal, on 2nd November 2018?
    A. Rs. 2345 crore B. Rs. 1817 crore C. Rs. 1245 crore D. Rs. 3467 crore Answer: B

Q6. Indo-French Conclave was held in Nagpur, Maharashtra, on 2nd November 2018, in which French and Indian firms signed 12 agreements worth _____ euro?
    A. 200 million euro B. 180 million euro C. 500 billion euro D. 130 million euro Answer: A

Q7. National Green Tribunal has ordered a four-member committee to conduct an inspection and submit report about the waste dumping issue at the Polavaram dam in which state?
    A. Kerala B. Tamil Nadu C. Andhra Pradesh D. Odisha Answer: C

Q8. Where was India-UAE Partnership Summit (IUPS) 2018 held on 30th and 31st October 2018?
    A. New Delhi, India B. Mumbai, India C. Dubai, United Arab Emirates (UAE) D. Abu Dhabi, United Arab Emirates (UAE) Answer: C

Q9. Indian Ocean Rim Association (IORA) ‘Be the Legacy’ internship programme was announced at the end of the 18th IORA meeting in Durban, South Africa, on 2nd November 2018, to honour which leader?
    A. Mahatma Gandhi B. Nelson Mandela C. Jawaharlal Nehru D. Martin Luther King Answer: B

Q10. Chola MS General Insurance and which bank renewed their corporate agency arrangement for a period of five years, on 3rd November 2018?
    A. IndusInd Bank B. Axis Bank C. HDFC Bank D. ICICI Bank Answer: A

Q11. Securities & Exchange Board of India (SEBI) cut listing time for an IPO to _____ days from 6 days at present, on 1st November 2018?
    A. 2 B. 3 C. 4 D. 5 Answer: B

Q12. Name the writer who has been selected for 2018 Ezhuthachan Puraskaram award, the highest literacy prize of the Kerala government?
    A. Paramesh Nair B. M Mukundan C. S Sadasivam D. Raoof Rahman Answer: B

Q13. Name the only Indian film that has been listed in BBC’s list of 100 best foreign language films?
    A. Pather Panchali B. Village Rockstars C. Mother India D. Dangal Answer: A

Q14. Who was appointed CEO of Swadhaar Finserve, a wholly-owned subsidiary of the RBL Bank, on 1st November 2018?
    A. Vikas Muttoo B. Vishwavir Ahuja C. Kalyan Singh D. Mahendra Singh Answer: A

Q15. Who was appointed president of England and Wales Cricket Board (ECB) on 2nd November 2018?
    A. Ian Lovett B. Jeremy Reed C. Peter Bradley D. Orson Hodge Answer: A

Q16. Name the Artificial Intelligence (AI) bot that has been taught by researchers to identify galaxies in deep space?
    A. DotSpot B. ClaRAN C. DeTECT D. Laura Answer: B

Q17. Name the third south-east Asian country that will host Formula 1 race, in April 2020?
    A. India B. Indonesia C. Vietnam D. China Answer: C

Q18. Which country won the 5th SAFF U-15 Championship 2018 title, held in Nepal from 25th October to 3rd November 2018?
    A. Nepal B. India C. Pakistan D. Bangladesh Answer: D

Q19. Recently, President Abdulla Yameen declared emergency for 30 days. Abdulla Yameen belongs to which of the following country?
    A. Mauritius B. Saudi Arabia C. Maldives D. Thailand Answer: C

Q20. Recently, the cyclone which has hit Yemen is the most powerful storm to hit the country in the last 5 decades. What is the name of the cyclone?
    A. Koppu B. Chapala C. Andrew D. Lorenzo Answer: B

Q21. APJ Abdul Kalam Amrut Yojna, aims to curb malnutrition among tribal children by providing nutrition to pregnant women for 6 months. Name the state government which recently had approved the scheme:
    A. Tamil Nadu B. Maharashtra C. Delhi D. Rajasthan Answer: B

Q22. Name the country which recently submitted the resolution to the United Nations General Assembly’s Disarmament Committee for the abolition of Nuclear Arms:
    A. US B. UK C. Singapore D. Japan Answer: D

Q23. Name the Pakistan cricket player who recently retired from the test match:
    A. Yunus Khan B. Shoaib Malik C. Yasif Shah D. Kamran Akmal Answer: B

Q24. What is India’s Position in the Global Financial Secrecy Index is compiled by the Tax Justice Network?
    A. 45th B. 96th C. 56th D. 36th Answer: A

Q25. What rank is secured by Narendra Modi in the list of most powerful persons by Forbes magazine for 2015?
    A. 1st B. 15th C. 16th D. 9th Answer: A

Q26. Name the state government which has recently permitted self-attestation of 200 categories of affidavits:
    A. Tamil Nadu B. Maharashtra C. Delhi D. Rajasthan Answer: C

Q27. Shiva Thapa of India ranks No:2 in the international ranking list is associated with which of the following sport?
    A. Javelin B. Triple Jump C. Long Jump D. Boxing Answer: D

Q28. What is the name of India's first and indigenous microprocessor?
    A. Virat B. Shakti C. Param D. Pratyush Answer: B

Q29. Which of the following institute has designed and booted up India's first and indigenous microprocessor which can be used for wireless and networking systems, as well as mobile computing?
    A. CDAC-Pune B. IIT-Bombay C. IISc-Bengaluru D. IIT-Madras Answer: D

Q30. Which ministry has recently launched UTS on Mobile app?
    A. Ministry of Information and Broadcasting B. Ministry of Tourism C. Ministry of AYUSH D. Ministry of Railways Answer: D