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November 22, 2016

22nd November 2016 Important Daily Current Affairs

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Dear Great Ambitionists, here are today's (22nd November 2016) Important Current Affairs updates. Happy Reading :)

Daily Current Affairs of 22nd November 2016

International Current Affairs
  • India today became an Associate Member of the European Organisation for Nuclear Research (CERN), the world's largest nuclear and particle physics laboratory. 
    • CERN's Director General said that India's membership will open opportunities for Indian industries to participate directly in CERN projects. 
    • Note : As a member nation, CERN requires India to make an annual contribution of approx ₹77 crore.
  • India was placed at the 20th rank among the 58 countries on the 2017 Climate Change Performance Index (CCPI)
    • The index was released by Germanwatch, an independent German NGO and Climate Action Network Europe.
    • Important Points to Note
      • First three spots in the list of 2017 CCPI rankings were left vacant. 
      • France was placed at 4th place, thus leads list for the first time. It was followed by Sweden (5th) and UK (6th).

Business & Economic Affairs
  • The Centre today formed Committees of Additional Secretaries, Joint Secretaries and Directors for visiting various states and Union Territories, and reviewing the status of implementation of demonetisation.
    • The committees will check currency availability in banks, ATMs and post offices across the country. 
    • They will also review the status of the calibration of ATMs.
  • The RBI today issued guidelines for withdrawal of a maximum of ₹2.5 lakh for weddings before December 31.
    • The guidelines mandate that people who will get the payments will have to declare that they don't have bank accounts. 
    • An evidence of the wedding and copies of advance payments such as booking receipt of marriage hall will be required.
  • Amid the cash crunch following demonetisation, the RBI today announced that small borrowers would get an additional 60 days to repay their credit
    • Borrowers with housing, car, farm, and other loans of up to ₹1 crore from banks and finance companies would be eligible for this. 
    • This is applicable to loans payable between November 1 and December 31.
  • Delhi's upscale Khan Market has been ranked as the most expensive retail location in India, according to real estate firm Cushman & Wakefield. 
    • Important Points to Note
      • Khan Market has emerged as the world’s 28th most expensive retail location. 
      • New York’s Upper 5th Avenue has been ranked the world’s most expensive retail location.
  • As many as 82,500 ATMs, which account for about 40% of cash vending machines in the country, have been recalibrated to dispense new high security currency notes of ₹500 and ₹2,000 rupees. 
    • As per reports, about 12,000-14,000 ATMs are getting recalibrated daily. 
    • Further, ATMs are able to stock ₹50-60 lakh cash after recalibration.

New Appointments
  • Pankaj Patel, chairman and managing director of Cadila Healthcare, has been elected as the President of Federation of Indian Chambers of Commerce & Industry (FICCI) for 2017. 
    • Patel is also on the advisory committees and academic councils of several educational institutions. 
    • He is going to replace Harshavardhan Neotia, Chairman of Ambuja Neotia Group.

Science & Technology
  • India successfully test-fired indigenously built nuclear-capable intermediate range Agni-I ballistic missile today from a mobile launcher from Odisha coast. 
    • The surface-to-surface missile, powered by solid propellants and equipped with a sophisticated navigation system, can hit a target 700 km away. 
    • The 15-metre-long and 12-tonne heavy missile has already been inducted into Indian Armed Forces.

  • Irish novelist and playwright William Trevor (88) has passed away.
    • He won the Whitbread Prize thrice and was nominated five times for the Booker Prize. 
  • Acclaimed physicist and ex-Chairman of the Indian Space Research Organisation (ISRO), Prof MGK Menon (88) passed away.
    • A recipient of the Padma Vibhushan, Menon had also served as Director of the Tata Institute of Fundamental Research at the age of 35. 
    • His scientific contributions are in the fields of particle physics and cosmic rays.
  • Ram Naresh Yadav (89), former Governor of Madhya Pradesh, passed away today.
    • The veteran Congress leader had served as Madhya Pradesh Governor between August 2011 and September 2016. 
    • He was also Uttar Pradesh Chief Minister between 1977 and 1979.
  • Veteran Carnatic musician M. Balamuralikrishna (86) passed away.
    • He is credited with innovating the tala system with Thri Mukhi, Panchamukhi, Saptha Mukhi and Nava Mukhi. 
    • Besides being a vocalist, Balamuralikrishna also played the viola, mridangam, and kanjira.
    • He was honoured with Padma Vibhushan in 1991.

Awards & Honors
  • Former Swedish captain Zlatan Ibrahimović will be honoured with a bronze statue in Stockholm following his Golden Ball award for Sweden's best player for the tenth year in a row. 
    • The statue will be placed outside Sweden's national stadium. 

Sports Current Affairs
  • India's Test skipper Virat Kohli has moved up nine places to a career-best fourth rank in the latest ICC Test batsmen rankings
    • Note : Kohli is ranked at the top spot in T20I batsmen rankings and second in ODI batsmen rankings.
This is the end of today's Daily Current Affairs session friends. Good Day :)

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