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Dear Aspirants, Notesbag is sharing with you all the important current affairs of 30th November 2019. Our aim to provide you up to date current affairs for the preparation of upcoming competitive exams.

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National News

(1) Labour Ministry has decided to celebrate Pension Week during 30th Nov, 2019 – 6th Dec 2019.

  • In order to drive enrolments under Pradhan Mantri Shram Yogi Maandhan (PM-SYM) and National Pension Scheme for Traders and Self-Employed Persons (NPS-Traders), Labour Ministry has decided to celebrate Pension Week during 30th Nov, 2019 – 6th Dec 2019.
  • A central function was inaugurated by Minister of State(I/C) for Labour and Employment with an aim to enroll one crore beneficiaries for PM-SYM and 50 lakhs beneficiaries for NPS-Traders by March 2020. This event was live webcast to all 3.5 lakhs Common Service Centres (CSCs) across the country.

(2) India to set up 12 hi-tech parks in Bangladesh.

  • India will set up 12 hi-tech parks in Bangladesh at a cost of USD 193 million. According to High Commissioner of India to Bangladesh Riva Ganguly Das, these hi-tech parks will provide training to 30,000 youth of Bangladesh as skilled IT professionals.
  • She also inaugurated Swami Vivekananda Bhawan at Rangpur which houses a Computer Center, Charitable Medical Centre, Coaching centre and student’s home.

(3) Hallmarking to be mandatory for gold jewellery from 2021.

  • As per Consumer Affairs Minister Ram Vilas Paswan, Hallmarking for Gold jewellery and artefacts will be mandatory from 15th January 2021. Notification in this regard will be issued by 15 of January next year Jewellers and Retailers will get one-year time for clearing their old or existing stock.
  • More than 26 thousand jewellers have taken the Bureau of Indian Standards, BIS (Hallmarking) registration till now. On violating the set rules after 15th January 2021, they may attract a fine of minimum one lakh rupees or five times the value of the items or a jail term of one year.

(4) UNDP launched Accelerator Lab in India to tackle pollution.

  • United Nations Development Programme (UNDP) launched Accelerator Lab in India to address the pollution in the country through innovation. The project was launched in collaboration with the government’s Atal Innovation Mission and the laboratory will be housed in the UNDP India office.
  • Along with pollution other issues that the laboratory will seek to address include sustainable water management and client-resilient livelihoods. The UNDP India after the launch of the Accelerator Labs also organised a DateForDevelopment. It is one-of-a-kind “matchmaking platform” aimed at connecting local innovators with development practitioners.

(5) ISRO transfer space-grade Li-Ion cell technology to BHEL.

  • ISRO has transferred its indigenous technology to produce space-grade Li-Ion cells to Bharat Heavy Electricals Limited (BHEL). In March 2018, BHEL signed the Technology Transfer Agreement with ISRO for acquiring the Li-Ion Cell production technology. This production facility is primarily targeting to meet Li-Ion Cell requirements for ISRO and other strategic sectors.
  • BHEL can also produce and sell Li-Ion cells for meeting other national/commercial applications by suitably modifying the space-grade cell which can lead to cost reduction. BHEL is in the process of establishing the Li-Ion production facility near Bangalore in Karnataka.

(6) Central Govt extends deadline for FASTags to 15th December.

  • The Transport Ministry has extended the 01st December deadline for 100% electronic toll collection across National Highways in the country by two weeks (15th December). This comes as the government wants to allow a 15 days’ breather for vehicle owners to switch to FASTags.
  • FASTag is a sticker that has to be put at the front windshield of your vehicle. This sticker becomes the radio frequency identity of your car which is automatically read by the sensors placed at the toll plazas.

International News

(7) PM Modi announces 400 million-dollar line of credit to Sri Lanka.

  • Prime Minister Narendra Modi has announced a 400 million-dollar Line of Credit of to Sri Lanka to boost the island nation’s development. India will also extend a 50 million dollars Line of Credit to Sri Lanka to fight terrorism.
  • India gives priority to its relations with Sri Lanka under its Neighbourhood First’ Policy. This is Mr Gotabaya’s first overseas visit since assuming office.

State & UT-In-News

(8) Shipping Ministry approved Loktak Inland Water ways project in Manipur.

  • Shipping Ministry gave approval for the development of Loktak Inland Water ways improvement project in Manipur under the central sector scheme. The estimated cost of the project is over 25 crore rupees. The Loktak Lake is the largest fresh water lake in North east located at Moirang in Manipur.

Banking & Finance

(9) RBI Imposes Rs 1.50 crore penalty on Corporation Bank.

  • The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs. 1.50 crore on Corporation Bank for non-compliance with certain provisions of directions issued by RBI. The penalty has been imposed in the exercise of powers vested in the RBI under the provisions of Section 47 A (1) (c) read with Section 46 (4) (i) and 51 (1) of the Banking Regulation Act, 1949. This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.

(10) Aditya Birla Finance becomes 1st firm to list commercial papers on exchanges.

  • Aditya Birla Finance Ltd (ABFL), the NBFC arm of Aditya Birla Capital, became the first company to list its commercial papers on the stock exchanges. The value date of the commercial paper is November 28 and maturity date on February 7, 2020.
  • This move came after the exchanges — the BSE and the NSE — came out with a framework for listing of commercial papers (CPs), in a bid to broaden investors’ participation in such securities.

Defence

(11) Indian Navy commissioned sixth Dornier aircraft squadron.

  • Indian Naval Air Squadron 314, the sixth Dornier aircraft squadron was commissioned at Naval Air Enclave- Porbandar on Gujarat coast. Deputy Chief of Naval Staff Vice Admiral M S Pawar was the chief guest on this occasion.
  • This squadron will operate the Dornier aircraft, a multi-role SRMR aircraft, with twin turboprop engine manufactured by Hindustan Aeronautical Limited, Kanpur. The aircraft can be used for electronic warfare missions, maritime surveillance, search and rescue and to provide targeting data to weapon platform.
  • Contributing towards indigenous development and self-reliance through Make in India, Navy is procuring 12 new Dornier aircraft from HAL with state-of-the-art sensors and equipment including glass cockpit, advanced surveillance radar, optical sensors and networking features.

Appointment

(12) HR Khan Appointed as chairman of MFI panel.

  • Former deputy governor of RBI, HR Khan has been appointed as the first chairman of the steering committee of the Code for Responsible Lending (CRL) in micro-credit. The CRL is a self-regulatory step for the micro-credit industry making diverse entities like banks, NBFC-MFIs and NBFCs adhere to standards of customer protection.
  • CRL was launched in September by MFIN and Sa-Dhan, an RBI-recognised association of MFIs, along with the Finance Industry Development Council, an association of NBFCs.

Sports

(13) Australian Steve Smith becomes the fastest Cricketer to reach 7,000 Test runs.

  • Steve Smith became the fastest cricketer to score 7,000 Test runs, shattering a record that had stood since 1946, while moving past Donald Bradman to become Australia’s 11th highest scorer. The 30-year-old took a single off Muhammad Musa during the second Test against Pakistan in Adelaide to reach the milestone and take possession of a record held for 73 years by English great Wally Hammond.
  • Hammond reached the mark in 131 innings, while Smith, who played his first Test nine years ago, made the grade in his 126th. India’s Virender Sehwag is the third fastest in 134 innings.

Obituaries

(14) World-renowned rock climber Brad Gobright passes away in Mexico fall.

  • A world-renowned rock climber, US national Brad Gobright, fell to his death while climbing a sheer rock face in northern Mexico. He was known for his gravity-defying solo ascents with no ropes.

(15) Former PM of Japan, Yasuhiro Nakasone Passed Away.

  • Yasuhiro Nakasone, one of Japan’s longest-reigning Prime Ministers and known for his friendship with Ronald Reagan, has passed away at the age of 101. Nakasone, Prime Minister from 1982 to 1987, shared the world stage with Reagan and Margaret Thatcher while battling with bureaucrats over domestic reforms.

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