Current Affairs Current Affairs November 2018

 Saudi Arabia and the United Arab Emirates, which lead a military coalition against the Huthi rebels in Yemen, announced USD 500 million in aid to the country on the brink of famine. Saudi Arabia and the UAE will each give USD 250 million in response to the food crisis to support more than 10 million people. Saudi Arabia and the UAE intervened in the Yemen war in 2015 to bolster Yemeni President Abedrabbo Mansour Hadi after the Huthis took over the capital Sanaa.
Source- AIR World Service

 The 26th meeting of the General Conference on Weights and Measures (CGPM)was held at Versailles(Paris), France. The members have voted for the redefinition of 130 years old “Le grand K – the SI unit of kg” in terms of the fundamental Planck’s constant(h). The new definitions will come into force on 20 May 2019. The definition of kilogram has been changed from being the mass of prototype sanctioned by the 1st CGPM held in Paris in 1889 and deposited at the BIPM to the Planck constant which is a physical constant. Likewise, the definition of meter has been changed to link it to the speed of light. There is a change in the definition of time also.
Source: Press Information Bureau

  National Stock Exchange of India (NSE) has launched a mobile application and web-based platform for retail investors to buy government securities. The new app – NSE goBID, was launched by Sebi chairman Ajay Tyagi. The platform will allow retail investors to invest in treasury bills (T-Bills) of 91 days, 182 days and 364 days and various government bonds from one year to almost 40 years.
Source: The Money Control

 The UN’s environment chief, Erik Solheim, has resigned following severe criticism of his global travels and internal rule-breaking which led some nations to withhold their funding. The former environment minister of Norway had been at the helm of the Nairobi-based UN Environment since June 2016. Solheim’s resignation comes ahead of crucial talks opening in Poland on December 2 on implementing the Paris climate deal.
Source: BBC News

  R. Chandrashekhar, an independent director at Yes Bank Ltd resigned saying he was concerned about recent events at the company. Notably, Yes Bank has been ordered by India’s central bank to replace its chief executive officer, Rana Kapoor.
Source- The Economic Times

  Young golfer Shubhankar Sharma capped a dream season on the European Tour by becoming the first Indian to win the tour’s ‘Sir Henry Cotton Rookie of the Year’ award. Sharma achieved the feat soon after finishing tied 41st at the season-ending World Tour Championship event in Dubai. The Chandigarh-based golfer thus joined previous Rookies of the Year, Spaniard Jon Rahm and Korean Jeunghun Wang, as well as former World No.1 Luke Donald of England, as the only players in the last 20 years to win twice in their first 20 events.
Source- The India Golf Digest

 The Kerala state government had signed an MoU with Airbus BizLab to open a state-of-the-art innovation center. This center will be the nodal body for planning and executing all the activities to help start-ups. The MoU was inked between Airbus Bizlab India’s Siddharth Balachandran and Saji Gopinath, CEO of the Kerala Startup Mission (KSUM), in the presence of Chief Minister Pinarayi Vijayan. Bizlab is a part of Airbus’ innovative strategy to bring together start-ups and Airbus intrapreneurs to work and speed up the transformation of their innovative ideas into valuable businesses.
Source- The Indian Express

 The Oscar-winning screenwriter and best-selling author William Goldman, known for “Butch Cassidy and the Sundance Kid” and “All The President’s Men”, passes away. He was 87. Goldman also wrote the novels and then the screenplays for Marathon Man (1976), Magic (1978) and the much-loved The Princess Bride (1987). The cause of death was complications from colon cancer and pneumonia.
Source- The Guardian 

 The 12-day long joint military exercise between India and the United States known as ‘Vajra Prahar’ commenced in Jaipur. A contingent of the United States Pacific Commander arrived at Mahajan Field Firing Ranges for undertaking Joint training with the Indian Special Forces. The United States Special Forces will carry out rigorous joint training in semi-desert and rural terrain to enhance the interoperability of the two armed forces and further the military to military co-operation.
Source: Times Now

 Switzerland has topped the list of the IMD World Talent Ranking 2018 for the fifth year in a row. Among the BRICS countries, South Africa remains in the middle position (50th) performing better than India (53rd) and Brazil (58th) but lagging behind China (39th) and Russia (46th).
The Top 3 countries in the list are: 
  • Switzerland
  • Denmark
  • Norway
  • Source: IMD


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