NATIONAL UPDATES:
1. 5th India International Cherry
Blossom Festival cancelled: The
5th India International Cherry Blossom Festival has been cancelled due to
COVID-19 pandemic. The festival is held every year in Shillong, the capital of
Meghalaya, to celebrate the unique autumn flowering of the Himalayan cherry
blossoms and mark the beginning of India’s version of autumn. Every year,
Shillong hosts a plethora of events like fitness art, fashion show, rock
concerts and much more to mark the festival.
Note:
Meghalaya Chief Minister: Conrad Sangma; Meghalaya Governor: Satya Pal Malik;
Meghalaya Capital: Shillong.
2. Ravi Shankar Prasad launches
International version of UMANG App: Union
Minister for Electronics and Information Technology, Ravi Shankar Prasad has
launched the UMANG mobile app International version in coordination with
Ministry of External Affairs for select countries that include USA, UK, Canada,
Australia, UAE, Netherlands, Singapore, Australia and New Zealand. The Union
Minister also launched an e-Book which presents major milestones of UMANG and
major services available on UMANG App classified into various categories. Mr
Prasad also unveiled the newly instituted UMANG Awards for Partner Departments
of Centre and States based on the highest number of transactions across
services.
About
UMANG mobile app: The UMANG mobile app –Unified Mobile Application for New-age
Governance is a Government of India all-in-one single, unified, secure,
multi-channel, multi-lingual, multi-service Mobile App. providing access to
high impact services of various Government of India Departments and State
Governments.
International
Version: It will help Indian international students, NRIs and Indian tourists
abroad, to avail Government of India services, anytime. It will also help in
taking India to the world through ‘Indian Culture’ services available on UMANG
and create interest amongst foreign tourists to visit India.
3. 1st cow hospital of Northeast
inaugurated in Assam: A cow shelter
in Assam’s Dibrugarh inaugurated Northeast’s first-ever cow hospital, on the
occasion of Gopashtami. The hospital, Surbhi Aarogyashala, is set up by Shree
Gopal Gaushala at a cost of Rs 17 lakh. The hospital will provide services in
30 km radius. There are 368 cows in the shelter.
Note:
Chief Minister of Assam: Sarbananda Sonowal; Governor: Prof. Jagdish Mukhi.
4. Indian Constitution Day: 26th
November: In India, 26 November is celebrated
as Constitution Day or Samvidhan Diwas. On this day in 1949, the constitution
was adopted which came into force on January 26, 1950, marking the beginning of
a new era in the history of India. On 19th November 2015, during the year-long
celebration of the 125th birth anniversary of Dr B R Ambedkar, Government of
India declared November 26th as the Constitution Day. Previously this day was
celebrated as Law Day. 26 November was chosen to spread the importance of the
constitution and to spread thoughts and ideas of Ambedkar.
5. National Milk Day: 26th November: In India, November 26 is celebrated as National Milk Day,
since 2014, to commemorate the birthday of the father of India’s White
Revolution, Dr Verghese Kurien (also nicknamed as Milkman of India). The day
was fixed by all the dairy majors of the country including the National Dairy
Development Board (NDDB), the Indian Dairy Association (IDA), along with 22
state-level milk federations. The significance of National Milk Day lies in the
fact that this day celebrates the importance of milk in a person’s life. The
Indian Dairy Association (IDA), in 2014, took the initiative to celebrate this
day for the first time. The first National Milk Day was celebrated on 26
November 2014 where various milk producers from 22 states participated.
Note:
World Milk Day is observed on 1 June every year by the United Nations.
INTERNATIONAL UPDATES:
1. India to host G-20 Summit in
2023: India will host the Summit of the
G20 Group in 2023. India was earlier slated to host the summit in 2022. India
and Indonesia have swapped their respective hosting year of G20 as Indonesia
would also chair the Association of Southeast Asian Nations (ASEAN) in 2023.
However, now the G20 Summit be hosted by Italy in 2021, Indonesia in 2022,
India in 2023 and Brazil in 2024.
2. Malaysia hosted 2020 APEC Summit: The 2020 Asia-Pacific Economic Cooperation (APEC) Economic
Leaders’ Meeting was held under the Chairmanship of Malaysian Prime Minister
Tan Sri Muhyiddin Yassin. This was the first time that all 21 APEC Economic
Leaders met virtually due to the ongoing COVID-19 pandemic. The APEC 2020 ended
with the adoption of the APEC Putrajaya Vision 2040 and the 2020 Kuala Lumpur
Declaration. The APEC Summit 2021 will be hosted by New Zealand. This is the
second time Malaysia hosted an APEC meeting, having hosted one in 1998. The
theme of the APEC Malaysia 2020 was “Optimising Human Potential Towards a
Resilient Future of Shared Prosperity: Pivot. Prioritise. Progress”.
About
Putrajaya Vision 2040: The Putrajaya Vision 2040 is a new 20-year growth
vision, which will replace the existing Bogor Goals, which was agreed by
leaders in 1994 for free and open trade and investment in APEC.
Note:
APEC headquarters: Singapore; APEC Founded: November 1989.
Malaysia
Capital: Kuala Lumpur; Malaysia Currency: Malaysian Ringgit.
3. CAG GC Murmu Elected as External
Auditor of Inter Parliamentary Union, Geneva:
The Comptroller & Auditor General of India Girish Chandra Murmu has been
elected as External Auditor of Inter Parliamentary Union (IPU), Geneva for
three years. Murmu will assume the position shortly by taking charge from
Supreme Audit Institution of Switzerland. The CAG of India has been the
external auditor of various international organisations. He has earlier also
been on the UN Board of Auditors from 1993 to 1999 and 2014 to 2020. Presently,
he is the external auditor of the World Health Organization, Geneva and Food &
Agriculture Organization, Rome.
4. UK plans to ban sales of diesel
and petrol cars from 2030: Prime
Minister Boris Johnson has confirmed the UK will ban the sale of new petrol and
diesel cars in 2030, before banning new hybrid sales in 2035. The government originally
planned to implement the ban in 2040, before deciding to move the deadline
forward to 2035. The ban only applies to the sale of new vehicles, and with the
average British car boasting a lifespan of around 14 years, it seems likely
gasoline- and diesel-powered cars will remain a common sight on UK roads well
into the 2040s. It seems likely many plug-in hybrid cars will remain on the
road until the 2050s.
OTHER UPDATES:
SPORTS
1. Daniil Medvedev beat Dominic
Thiem to win ATP Tour 2020: In
Tennis, Daniil Medvedev (Russia) beat Dominic Thiem (Austria) to win the 2020
ATP Tour Finals, held in London. This is the biggest title of his career. The
24-year-old will finish the year at fourth position in the world rankings. In
the doubles final, Dutch-Croatian duo Wesley Koolhof and Nikola Mektic claimed
their first title together after surpassing Jurgen Melzer and Edouard
Roger-Vasselin.
BANKING AND FINANCE
1. RBI imposes six-month ban on
Manta Urban Cooperative Bank:
The Reserve Bank of India (RBI) has banned the Manta Urban Cooperative Bank in
Jalna district of Maharashtra for six months for payment of money and loan
transactions. The central bank has given some instructions to this bank, which
will be effective for six months since the bank closed on 17 November 2020.
According to these instructions, this bank will not be able to make any loan or
loan without RBI permission, nor will it be able to renew the old loans and
make any investment. Bank has also been banned from accepting new deposits. He
will not be able to make any payment nor make any agreement to pay.
Note:
Governor of RBI: Shaktikanta Das; Deputy Governors of RBI: BP Kanungo, MK Jain,
MD Patra and Rajeshwar Rao; Headquarters of RBI: Mumbai, Maharashtra.
2. ADB approves $50 mn loan to improve
resource planning in West Bengal:
The Asian Development Bank said it has approved a USD 50 million loan to
improve operational efficiencies and resource planning and management in West
Bengal. The loan will support the integration of financial and information
system and the expansion of automation reforms in the operations of the state
government, which are expected to strengthen the delivery of public services
and create fiscal savings. The loan will be supplemented by a USD 350,000
technical assistance grant for capacity building, monitoring of IFMS
(Integrated Financial Management System) reforms, and strengthening the
integration of social and gender aspects in reform areas.
3. RBI imposes Rs 1 cr penalty on
PNB for unauthorised ATM operations: State
run Punjab National Bank said the RBI has imposed a penalty of Rs 1 crore on it
for contravention of the Payment and Settlement Systems Act. RBI has observed that the Bank was operating a
bilateral ATM sharing arrangement with Druk PNB Bank Ltd, Bhutan,
(international subsidiary of the Bank), since April, 2010 without the prior
approval / authorisation from RBI. Meannwhile, in a statement the RBI said it
has cancelled the Certificate of Authorisation (CoA) of five Payment System
Operators (PSOs) engaged in issuance and operation of prepaid payment
instruments.
BUSINESS AND ECONOMY
1. BSE StAR MF launches a direct
investment portal for corporate:
BSE, the leading stock exchange has launched ‘Corp Direct – A Direct Investment
Portal for Corporates’, with more features which will further simplify and
provide end-to-end value-based services to the asset management companies
(AMCs), distributors, investors, and mutual fund industry participants. The
StAR MF Corp Direct Portal is loaded with salient new features and is currently
live for Corporates. It will soon be available for other non-individuals (HUF,
Partnership Firms, Societies, etc.) The key features of StAR MF Corp Direct are
as below – End to End Digital Web Module, Corporate Parent-Child Entity
Concept, All AMCs and Schemes available under single plat form, SMS & Email
Confirmation & approval process and Multiple Transactions at single click.
AWARDS AND HONOURS
1. ISRO Chairman K Sivan receives
Doctor of Science Honorary Doctorate: Karnataka
Governor Vajubhai Vala presented Doctor of Science honorary doctorate upon ISRO
Chairman K Sivan. The Visvesvaraya Technological University has conferred the
doctorate to him. The Governor highly praised the role of ISRO in defining our
Space programme and the social role that it has played in the country.
DEFENCE
1. Indian Navy gets 9th P-8I
anti-submarine warfare aircraft: Indian
Navy has got its ninth 1.
India-Singapore Maritime Exercise SIMBEX-20: The 27th edition of India –
Singapore Bilateral Maritime Exercise SIMBEX-20 has been organised from 23 to
25 November 2020 in the Andaman Sea. Indian Navy (IN) is the host for the 2020
edition of SIMBEX. The SIMBEX series of exercises are being held between the
Indian Navy and Republic of Singapore Navy (RSN), annually since 1994. The
exercise aims at enhancing mutual inter-operability and imbibing best practices
from each other.
From
the Indian side, destroyer Rana with integral Chetak helicopter and
indigenously built corvettes Kamorta and Karmuk, IN submarine Sindhuraj and P8I
maritime reconnaissance aircraft will participate in the exercise. RSN will be
represented by the ‘Formidable’ Class frigates ‘Intrepid’ and ‘Steadfast’ with
integral S70B helicopter and ‘Endurance’ Class Landing Ship Tank ‘Endeavour’ in
the exercise.
Note:
Chief of Naval Staff: Admiral Karambir Singh
OBITUARIES
1. Sahitya Academy award winning Telugu Poet Shaik Khaja Hussain passes away: Noted Telugu poet, journalist, scriptwriter Shaik Khaja Hussain, has passed away after brief illness. He was 70. Popularly known as Devi Priya, the renowned poet bagged the Kendra Sahitya Akademi Award in 2017, for his book Gaali Rangu.