Daily Current Affairs of 23rd November 2016
International Current Affairs
- Thailand today halved its visa on arrival fees, to 1000 baht (around ₹1900), for tourists from India and 18 other countries.
- The move, intended to boost tourist arrivals, comes less than two months after Thailand increased its visa fees to 2000 baht.
- Thailand also extended its long-stay visa, for foreigners aged above 50, from one to ten years.
- Boudhanath Stupa, a UNESCO heritage site in Kathmandu that was severely damaged in the 2015 Nepal earthquake, reopened to the public today after its reconstruction was completed.
National Current Affairs
- The newly built Oshiwara station is set to be inaugurated on November 27 in Mumbai and will thereafter be open for commuters.
- The suburban station would help in decongesting Jogeshwari and Goregaon stations which presently witness over 2.5 lakh passengers daily.
MOUs & Agreements
- India today signed a 'Joint Declaration’ for the implementation of Automatic Exchange of Information (AEOI) with Switzerland.
- Under this agreement, both countries will start collecting data in accordance with the global standards in 2018 and exchange it from 2019 onwards.
- The move aims to curb black money stashed in offshore accounts, a release stated.
Business & Economic Affairs
- Bharti Airtel today launched India's first payments bank in Rajasthan with 7.25% interest on deposits in savings accounts.
- Airtel subscribers' mobile number will function as a bank account number and transfer from Airtel to Airtel phone numbers will be free.
- Important Note : Payments banks can accept deposits of up to ₹1 lakh per account, but cannot issue loans and credit cards.
- In the wake of government's demonetisation move and increased efforts towards a cashless economy, the Reserve Bank of India (RBI) today doubled the balance limit of digital wallets like Paytm to ₹20,000.
- Additionally, merchants can transfer up to ₹50,000 every month from these prepaid wallets to their bank accounts.
- The relaxation will be applicable until December 30.
- The National Bank for Agriculture and Rural Development (NABARD) has sanctioned ₹21,000 crore to District Central Cooperative Banks (DCCBs) to help farmers.
- Small farmers get 40% of their credit from cooperative banks.
- The government on Monday allowed farmers to buy seeds using old ₹500 notes.
- The government has decided that no service charge would be levied on the use of debit cards and on digital financial transactions through feature phones till December 31, 2016.
- Further, all government organisations have been advised to use only digital payment methods to make payment to their employees.
- The Indian Railways today waived the service tax on e-tickets and i-tickets booked via IRCTC's online website from November 23 to December 31 this year.
- This comes as an attempt to promote cashless economy.
- Earlier, PM Modi had said that schemes like Jan Dhan Yojana, Aadhaar, and demonetisation are steps towards becoming a cashless, corruption-free economy.
- China has agreed to import rice, non-basmati and basmati varieties from 17 registered mills in India.
- These mills are in Punjab, Haryana, Uttar Pradesh and Madhya Pradesh.
Awards & Honors
- António Costa (54), the Indian origin Prime Minister of Portugal will be the Chief Guest at the 14th Pravasi Bharatiya Divas (PBD) Convention.
- The PBD Convention is scheduled to be held from January 7 to 9, 2017 in Bengaluru, Karnataka.
- Note : Surinam Vice president Michael Ashwin Satyandre Adhin will be the Special Guest at the Youth Pravasi Bharatiya Divas (PBD) to be held in Bengaluru on January 7, 2017.
- Indian Journalist Malini Subramaniam has been conferred with the International Press Freedom Award for her reporting from Chhattisgarh's Naxal-infested Bastar area.
- She is one of the four journalists felicitated for their commitment to a free press.
- British actor James Corden, who hosts 'The Late Late Show', will host the 59th Grammy Awards scheduled on February 12.
- Note : Corden will be replacing Rapper LL Cool J, who hosted the Grammys for five years.
- TIME magazine has compiled a selection of the 100 most influential photographs of all time.
- The magazine's selection includes iconic photographs like Margaret Bourke-White’s 1946 portrait of Mahatma Gandhi sitting alongside his spinning wheel and Neil Armstrong's shot of Buzz Aldrin walking on the Moon, titled, "A Man on the Moon".
- Captain Radhika Menon was awarded with the International Maritime Organisation (IMO) award for Exceptional Bravery at Sea.
- She was presented with this award for saving lives of seven fishermen from sinking fishing boat in Bay of Bengal.
- Important Note : With this, she became the first woman in the world to receive the Award.
Sports Current Affairs
- Ace Indian Golfrer Gaganjeet Bhullar has won the US $ 300,000 BANK BRI-JCB Indonesia Open for the second time in his career.
This is the end of today's Daily Current Affairs session friends. Good Day :)
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