LEGEND MAGAZINE (NOVEMBER- 2018) Current Affairs and Quiz, English, Banking Awareness, Simplification Exclusively prepared for RACE students Issue: 14 | Page : 48 | Topic : Legend of November | Price: Not for Sale LEGEND OF NOVEMBER 2018 MAGAZINE - INDEX S. NUMBER TOPICS PAGE NUMBER 1 NATIONAL AFFAIRS 1 2 STATES IN NEWS 3 3 INTERNATIONAL NEWS 7 4 BANKING AND BUSINESS 10 5 APPOINTMENTS 13 6 AWARDS & HONOURS 14 7 BOOKS AND AUTHORS & SPORTS 16 8 IMPORTANT DAYS 18 9 OBITUARY 19 10 CURRENT AFFAIRS QUIZ 19 11 ENGLISH VOCABULARY 25 12 BANKING AWARENESS 36 13 SIMPLIFICATION 44 NATIONAL financial instruments and technologies for CCEA approves Strategic Sale of PM Narendra Modi inaugurates Inland energy efficiency in India. Government Equity in Dredging Corporation Multi-Modal Terminal Port in Varanasi: During INSPIRE 2018, EESL and GAIL, a Of India: Prime Minister Narendra Modi has wholly owned subsidiary of GAIL (India) Limited The Union Cabinet has approved strategic sale inaugurated an inland port in Varanasi on the signed a MoU to develop natural gas-based of government stake in Dredging Corporation Ganga River. The multi-modal waterways cogeneration and trigeneration projects in of India to consortium of four ports. The terminal will allow the navigation of large vessels Commercial & Industrial Sectors in India. government currently holds 73.44 per cent in starting on the river between the holy city in Dredging Corporation of India Ltd (DCIL). Uttar Pradesh and Haldia in West Bengal. K9 Vajra and M777 Howitzer Guns Inducted The ports are Visakhapatnam Port Trust, The Varanasi port will connect with the into Indian Army: Paradip Port Trust, Jawaharlal Nehru Port National Waterway-1 (Haldia-Varanasi Three new artillery guns and equipment, Trust and Kandla Port Trust. stretch) is being developed by the Inland including the powerful K9 Vajra and M777 The government has budgeted to raise Rs 80, Waterways Authority of India (IWAI). It will howitzers, were inducted into the Indian Army 000 crore from PSU disinvestment. So far this enable commercial navigation of vessels with at the Deolali artillery centre in Nashik. Defence fiscal, the government has mopped up over Rs capacity of 1500-2, 000 tonnes. Minister Nirmala Sitharaman formally inducted 15, 000 crore from PSU stake sale. The total estimated cost of the project is Rs. the weapons in Nashik. 5, 369.18 crore, which will be shared between The entire process of inducting 100 K9 Vajra at Union Environment Minister launches the Centre and the World Bank on a 50:50 a cost of Rs 4, 366 crore will be completed Global Cooling Prize: ratio. by November 2020. The Ministry of science and technology has It entails construction of three multi-modal instituted a new prize for innovative cooling terminals (Varanasi, Sahibganj and Haldia), IIT Kharagpur, University of Auckland ink technologies that could reduce the climate two inter-modal terminals and five roll-on-roll- pact for research tie-up: impact of Residential Air Conditioning off (Ro-Ro) terminal pairs. Indian Institute of Technology (IIT) (RAC) at least by five times. Kharagpur and University of Auckland has Called Global Cooling Prize, the award Power Minister inaugurates INSPIRE 2018 signed a Memorandum of Understanding (MoU) carries a total prize money of $3 million and In New Delhi: to foster academic exchange and research this would be given away over two years. Power Minister Shri R K Singh inaugurates collaboration, faculty exchange and The winning technology is expected to prevent INSPIRE 2018 and gives away awards to the visiting/adjunct appointments and Student up to 100 gigatonnes of carbon dioxide- winners of the #InnovateToINSPIRE Mobility. equivalent emissions by 2050 and put the challenge. It is the first strategic partnership of University world on a pathway to mitigate up to 0.5- This is the second edition of INSPIRE and is of Auckland with a Higher Educational Institute degree Celsius warming by the turn of the being organised by Energy Efficiency Services of India. As per the MoU, the two renowned next century. Limited (EESL) and World Bank. organization will explore opportunities in the The three-day symposium will focus on field of Healthcare technologies, cyber Government to release Rs 75 enhancing grid management, e-Mobility, security and artificial intelligence. commemorative coin to mark anniversary of Tricolour hoisting by Bose: Chennai | Puducherry | Madurai | Trichy | Salem | Coimbatore | 7601808080 / 9043303030 www.RACEInstitute.in Erode | Namakkal |Tanjore| Tirunelveli | Trivandrum | Ernakulam|Bengaluru | Chandigarh |LEGEND MAGAZINE | NOVEMBER- 2018| 2 The Ministry of Finance will release a Rs 75 ISRO Launches GSAT-29 Communication for hydro-power transmission projects in coin to commemorate the 75th anniversary Satellite From Andhra Pradesh: Himachal Pradesh. of Netaji Subhash Chandra Bose hoisting the ISRO's heavy-lift rocket GSLV-MkIII-D2 has The Tranche-3 loan is part of the $350 million Tricolour for the first time at Port Blair. successfully injected into orbit the country's multi-tranche financing facility for Himachal The commemorative Rs 75 coin will weigh 35 latest communication satellite GSAT-29. It is Pradesh Clean Energy Transmission Investment grams. This coin will bear the portrait of 'Netaji intended to meet the communication needs of Programme approved by the ADB Board in Subhash Chandra Bose' saluting the flag on people in remote areas in the North East and September 2011. the background of Cellular Jail in Port Blair. The Jammu and Kashmir. India and ADB sign $169 Million Loan to coin will carry an inscription saying 'First Flag Provide Water and Sanitation Services in Hoisting Day' in both Devanagari script and NIPUN: Delhi Police launches e-learning Tamil Nadu. English. portal for training its personnel On December 30, 1943, Bose, who raised Delhi Police Commissioner Amulya AYUSH Ministry celebrating first the Indian National Army (INA) to fight against Patnaik launched the force's e-learning Naturopathy Day: the British, had hoisted the Tricolour for the portal NIPUN and training division website The AYUSH Ministry is celebrating its first first time at Cellular Jail, Port Blair. on November 14. Through the website, Delhi Naturopathy Day across the country on Police will be using advanced technology in November 18, 2018. Government To Divest Stake In Air India imparting in-service training to its personnel. The Central Council for Research in Yoga and Ground Handling Subsidiary: The Delhi Legal Service Authority has also Naturopathy is organising health camps, The Central government has decided to go in consented to be partner in developing specific workshops and exhibitions in association with for a strategic disinvestment of Air India’s courses for Delhi Police. local naturopathy centres and hospitals. ground handling subsidiary to partially retire the The e-learning portal aims to give online More than 1, 000 Naturopathy specialist national passenger carrier’s accumulated debt. training and information through doctors from all over the country participated in A ministerial panel led by Finance specialised courses designed by experts in the event, which was organised by Minister Arun Jaitley decided to the field. International Naturopathy Organisation in sell 100% of Air India’s ground handling association with Ministry of Ayush. arm Air India Air Transport Services Government approves 3 new proposals (AIATSL). under Nirbhaya Fund: Government launches upgraded version of The proceeds will be used to retire a part of Air The government has approved three new AirSewa digital platform India’s debt. The government also plans to proposals - fast-track special courts, The government has launched an upgraded transfer a “significant part” of the airline’s debt procurement of forensic kits in sexual version of AirSewa digital platform. to a special purpose vehicle (SPV). assault cases and setting up video Chatbots will now help air travellers in The approval comes at a time when the surveillance system at 50 railway stations addressing their grievances. government is working on ways to revive the under theNirbhaya Fund. Besides, passengers can have access to real- fortunes of Air India – estimated to have the The decision was taken by the Empowered time flight status and schedule for both domestic debt burden of more than Rs 500 billion, Committee of Officers headed by Women and and international flights, according to the Civil including the sale of non-core assets. Child Development Ministry (WCD) Secretary Aviation Ministry. Rakesh Srivastava. AirSewa 2.0, the upgraded version of the web Government Sets Up State Of-The-Art Under the fund, the Ministry of Law and Justice portal and mobile app, provides chatbot support National Data Repository: has proposed to set up 1, 023 Fast Track for faster resolution and personalised traveller The Government has set up a state of -the- Special Courts (FTSCs) to dispose of pending experience. art National Data Repository. It is a database cases of rape and those under the Protection of all the geo-scientific data of hydrocarbon of Children from Sexual Offences (POCSO) Government Hikes FAME-I Outlay To Rs 895 resources in the country. Act across the country. Crore: National Data Repository is equipped with With a total financial implication of Rs The Ministry of Finance has increased the cutting-edge technology and provides 767.25 crore, the project in the first phase may outlay by Rs 100 crore to Rs 895 crore for ready access to interested companies. be set up in nine states with 777 FTSCs while in the first phase of the Faster Adoption and With the introduction of National Data second phase 246 FTSCs will come up. Manufacturing of (Hybrid) and Electric Repository in Indian E&P regime, India has Nirbhaya Fund is an Indian rupee 10 billion Vehicles (FAME) India scheme to joined the league of countries like UK and corpus announced by Government of India in its promote mass adoption of electric vehicles, Norway which have a National Data Repository 2013 Union Budget.