Current Affairs Current Affairs November 2018

 The Central and Andhra Pradesh governments and the World Bank have signed the loan agreement for a $172.20 million project to enhance agricultural productivity, profitability, and climate resilience of poor and marginalized farmers in Andhra Pradesh. The projects seek to ensure that farming continues to remain a financially viable activity. The Andhra Pradesh Integrated Irrigation and Agriculture Transformation Project (APIIATP) will be implemented in rural areas largely dependent upon rain-fed agriculture.
Source- The Hindu Business Line

 India has been elected as a member of the International Telecommunications Union-ITU Council for another four-year term from 2019 to 2022. The elections to the Council were held during the ongoing ITU Plenipotentiary Conference 2018 at Dubai. India secured 165 votes and ranked third among the 13 countries elected to the council from the Asia-Australasia region, and eighth among the 48 countries elected to the council globally. The ITU has 193 member states who elect representatives to the Council.

  The 49th International Film Festival of India, IFFI 2018 will be held in Goa from 20th to 28th of November. The festival will showcase 212 films from over 68 countries which reflects the diversity of taste. International Competition section has 15 films out of which three are Indian. Information and Broadcasting Ministry stated that Festival will open with World Premiere of The Aspern Papers with international star cast. The Aspern Papers tells a story of obsession, grandeur lost and dreams of Byronic adventures. Malayalam film Olu will be the opening film at the Film Festival. While in the Non-Feature film category Marathi film Kharvas will be the opening film.

 Delhi Chief Minister Arvind Kejriwal inaugurated Delhi’s Signature Bridge, the first asymmetrical cable-stayed bridge in India. The bridge was constructed by the Delhi Tourism and Transport Development Corporation (DTTDC) at an expenditure of Rs 1,518.37 crore. The 675-metre bridge aims to reduce travel time and traffic congestion between the north-eastern and northern parts of Delhi.
Source- NDTV News

 INS Arihant, India’s first nuclear ballistic missile submarine, has completed its first “deterrence patrol”. The 6,000-tonne INS Arihant, under development for three decades under a highly classified programme, comes under the direct control of the Nuclear Command Authority headed by PM Modi. The INS Arihant can now be considered a fully functional underwater ballistic missile delivery platform.
Source- The Times Of India

  The Ministry of Tourism signed an MoU with the Ministry of Culture, Sports and Tourism, Government for the Republic of Korea for strengthening cooperation in the field of Tourism in New Delhi. Mr K J Alphons, Union Tourism Minister and Mr. Do Jong-hwan Korean, Minister for Culture, Tourism and Sports, Republic of Korea signed the MoU and officials from the Ministry and their counterparts from the Korean side were also present during the signing ceremony.
Source- Press Information Bureau (PIB)

 India and Malawi have signed three MoUs on Extradition Treaty, cooperation in the field of Atomic Energy for peaceful purposes and VISA Waiver for Diplomatic and Official Passports. The MoU was signed during Vice President Venkaiah Naidu visit in Malawi. India will also extend a new Line of credit of 215 million US dollars to Malawi for 18 water projects.
Source- Press Information Bureau (PIB)

 The Reserve Bank of India has initiated the process to set up a digital Public Credit Registry (PCR) to capture all the details of borrowers, including wilful defaulters and also the pending legal suits in order to check financial delinquencies. The public credit registry will also include data from entities like market regulator SEBI, the corporate affairs ministry, Goods and Service Tax Network and the Insolvency and Bankruptcy Board of India to enable the banks and financial institutions to get a 360-degree profile of existing and prospective borrowers on a real-time basis.
Source- The Financial Express

 Uzbekistan’s businessman Gafur Rakhimov was elected president of the International Boxing Association (AIBA) despite fears that his appointment could lead to the sport’s ejection from the Olympic Games. Rakhimov won 86 of the 134 second-round votes collected by AIBA officials in Moscow to beat his only opponent, former boxer Serik Konakbayev of Kazakhstan.
Source- BBC News

 The 18th Indian Ocean Rim Association (IORA) Council of Ministers Meeting was held in Durban, South Africa. Gen.(Dr.) VK Singh (Retd.), Minister of State for External Affairs, attended the IORA Council of Ministers Meeting. This meeting took place during the on-going celebrations of the 150th year of the birth anniversary of Mahatma Gandhi and the 100th birth anniversary of Nelson Mandela.
Source- mea.gov.in


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