Daily Current Affairs 8th November, 2016

 Daily Current Affairs 8th November, 2016

INTERNATIONAL

India and Britain sign two agreements

  • India and the United Kingdom have signed two pacts to boost cordial relations between the two nations, one on intellectual property (IP) and another for bilateral cooperation on raising ease of doing business
  • The pacts were inked during the 3 days visit of Theresa May, the Prime Minister of the United Kingdom to India.

NATIONAL

Seventh session of the Conference of the Parties (COP7)

  • The seventh session of the Conference of the Parties (COP7) has begun in Delhi. It is the first occasion that a COP meeting is being held in India.
  • COP7 brings together the WHO Framework Convention on Tobacco Control (FCTC)’s parties – which includes almost every country in the world, as well as regional economic integration organizations like the European Union.
  • The Conference of the Parties (COP) is the Governing Body of the WHO FCTC and is comprised of all Parties to the Convention. It keeps under regular review the implementation of the Convention and takes the decisions necessary to promote its effective implementation, and may also adopt protocols, annexes and amendments to the Convention. The regular sessions of COP are held at two yearly intervals.

ECONOMY

The British government has announced that, 4 rupee-denominated bonds worth of 600 million pounds are expected to be listed in London in the next three months

  • Bonds will provide financing to expand India’s highway and rail network

GOVT SCHEME

Pradhan Mantri Surakshit Matritva Abhiyan starts ,launched by Union Minister of Health and Family Welfare J P Nadda in New Delhi

  • The Union Government launched Pradhan Mantri Surakshit Matritva Abhiyan to provide free health check-ups to pregnant women at government health centres and hospitals.

DEFENCE

Demchok mission of Indian Army successfully completed ,conducted under the Mahatma Gandhi National Rural Employment Guarantee Scheme

  • The Indian army has successfully completed its task of laying an irrigation pipeline in the Demchok region of Eastern Ladakh.
  • The project was to link the villages in the region with a hot spring

SCIENCE AND TECH

NASA’s MMS creates new Guinness World Record

  • NASA’s Magnetospheric Multiscale (MMS) Mission on 5 November 2016 set the Guinness world record for highest altitude fix of a Global Positioning System (GPS) signal at 70000 kilometers above the surface of the Earth.
  • Magnetospheric Multiscale (MMS) mission successfully completed commissioning activities on 1 September 2015 and is now in full science mode.
  • NASA’s MMS mission is an unmanned space mission to study the Earth’s magnetosphere, using four identical satellites flying in a tetrahedral or pyramid formation.

AWARDS

Tunisian leader among four conferred Jamnalal Bajaj Awards

  • Well-known Gandhian and President of Tunisia’s Ennahdha Party, Sheikh Rached Ghannouchi was among four prominent personalities conferred with the prestigious 39th Jamnalal Bajaj Foundation Awards for 2016.
  • Mohan Hirabai Hiralal, founder and convenor of Vrikshamitra was honoured for outstanding contribution in the field of Constructive Work.
  • BonBehari Vishnu Nimbkar, founder of Nimbkar Agricultural Research Institute was presented the award for application of science and technology for rural development.
  • Nannapaneni Manga Devi, founder secretary of Sri Venkateswara Bala Kuteer and Chetana Charitable Trust was honoured with the award for development and welfare of women and children.

About Jamnalal Bajaj Awards

  • Established in 1978, by the Jamnalal Bajaj Foundation of Bajaj Group, it is given annually in four categories, and usually presented by the President, Vice president, Prime Minister of India or a leading figure.

It is given in the following fields

  • Constructive Work.
  • Application of Science and Technology for Rural development.
  • Outstanding contribution for the Development and Welfare of Women and Children (Established in 1980, in the memory of Janaki Devi Bajaj)
  • International Award for promoting Gandhian values outside India.

APPOINTMENTS

Vinod Rai has been appointed as the fund trustee and chairman of the advisory commission of Kerala Infrastructure and Investment Board (KIIFB)

  • He will be entrusted with the responsibility to ensure that the funds of the Kerala Infrastructure Investment Fund Board (KIIFB) are properly utilised and the interest of investors is protected.
  • Moreover, the board of the reconstituted KIIFB under Chairman Pinarayi Vijayan also decided to appoint Usha Thorat, former Deputy Governor of RBI and Prakash Bakshi, former Chairman of NABARD, as the other members of the FTAC.

Union Government appoints Praveen Kumar Sharma as CR, MD & CEO of CERSAI for the tenure of three years

  • The Union Government has appointed Praveen Kumar Sharma as the Central Registrar (CR), Managing Director (MD) and Chief Executive Officer (CEO) of Central Registry of Securitisation Asset Reconstruction and Security Interest of India (CERSAI).

About Central Registry of Securitisation Asset Reconstruction and Security Interest of India (CERSAI) CERSAI

  • Is a central online security interest registry of India.
  • It is a Government company licensed under section 25 of the Companies Act, 1956. Its headquarters is in New Delhi.
  • It was primarily created to check frauds in lending against equitable mortgages, in which people would take multiple loans on the same asset from different banks CERSAI provides the platform for filing registrations of transactions of securitization, asset reconstruction and security interest by the banks and financial institutions.

Ratnesh Kumar appointed MD and CEO of BoB Capital Markets 

  • Bank of Baroda has appointed Ratnesh Kumar as Managing Director and Chief Executive Officer of its wholly-owned investment banking subsidiary, BoB Capital Markets Ltd.

About Bank of Baroda

  • Founded -20 July 1908
  • Founder -Maharaja H. H. Sir Sayajirao Gaekwad III
  • Headquarters -Vadodara, India

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