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November 26, 2016

26th November 2016 Important Daily Current Affairs

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Dear Great Ambitionists, here are today's (26th November 2016) Important Current Affairs updates. Happy Reading :)

Daily Current Affairs of 26th November 2016

International Current Affairs
  • Finland today announced a new energy and climate strategy.
    • Under which the government will consider banning the use of coal as an energy source by 2030. 
    • The use of coal in Finland has been steadily declining since 2011, with investment increasing in renewable energy sector in 2012. 
    • Note : Energy prices in Scandinavian countries have been dropping since 2010.
National Current Affairs
  • India observes its 'Constitution Day' today.
    • Aim : To spread the importance of the Indian Constitution and to remember the architect of constitution Dr. B. R. Ambedkar.
    • It was on this day in 1949 that the Constituent Assembly adopted the Constitution. 
    • The Constitution, however, came into force on January 26, 1950, which is celebrated as the country's Republic Day
    • The government had last year decided to celebrate the day to honour our Constitution and its promulgation.
  • Today is 67th National Law Day.
  • Today is National Milk Day.
    • We observe this day to mark 95th birth anniversary of Dr.Verghese Kurien.
    • Kurien is fondly known as the Father of White Revolution in India.
    • He is the founder of dairy firm Amul.
    • Important Note : India is the world's largest milk producing country, with 16 percent of total global production, followed by America, China, Pakistan and Brazil.
  • 8th anniversary of the 26/11 Mumbai terror attacks observed today.
    • On this day in 2008, ten Pakistani terrorists had arrived by sea route and opened fire indiscriminately at people killing 166, including 18 security personnel, and injuring several others, besides damaging property worth crores of rupees. 
    • The attack had begun on 26 November and lasted until 29 November.
    • The then Maharashtra ATS Chief Hemant Karkare, army Major Sandeep Unnikrishnan, Mumbai's Additional Police Commissioner Ashok Kamte and Senior Police Inspector Vijay Salaskar were among those killed.
    • Ajmal Kasab was the only terrorist who was captured alive
    • He was hanged four years later on November 21, 2012.
  • The Aviation Ministry today launched the AirSewa website and mobile app, allowing passengers to check the live status of flights and flight schedules. 
    • AirSewa also includes a mechanism for grievance redressal, wherein passengers can upload videos and describe their grievances. 
    • They will be given reference numbers allowing them to track the response to their grievances,
  • The government is launching a campaign to open bank accounts of workers, both in organised and unorganised sectors. 
    • Starting today, special camps will be organised in every district at specific locations to facilitate the opening of bank accounts. 
    • The campaign is being organised by the Union Labour Ministry in collaboration with the Department of Financial Services, Ministry of Finance.
  • Defence Minister Manohar Parrikar today announced that Goa was on its way to become India's first cashless society.
  • The 'Taj Balloon Festival' 2016, organised by the UP tourism department, was started yesterday. 
    • This will take place between November 25-30 near the Taj Mahal in Agra. 
    • The festival will feature about 16 hot air balloons from 12 countries, including India, USA, UK, Canada, Spain, UAE, and Netherlands.
  • Maharashtra government today issued a notification for renaming the newly built Oshiwara station as Ram Mandir
    • The notification has been sent to the Railways Ministry, which is yet to endorse the station name and code. 

Business & Economic Affairs
  • Multiplex chain INOX Leisure has tied up with SBI to allow customers to withdraw cash up to ₹2,000 per day through their debit cards.
    • Note : Earlier, Big Bazaar stores also allowed customers to withdraw up to ₹2,000 using their cards.
  • The government is going to propose a minimum of 50% tax on unexplained bank deposits made using banned currency until December 30 and a 4-year lock-in for one-fourth of these deposits.
    • While this structure will apply to voluntary disclosures, the tax and penalty could be as high as 90% of the amount in case the deposits are not declared voluntarily.
  • The ICICI Bank today announced that it has set up special cash exchange camps at defence outposts to facilitate the exchange of old ₹500 and ₹1,000 currency notes. 
    • Also, the RBI today directed banks to have sufficient cash for the armed forces and pensioners as their salaries and pensions are transferred electronically.

Awards & Honors
  • Five-time World Boxing champion MC Mary Kom will be awarded the 'Legends Award' by Amateur International Boxing Association (AIBA) on its 70th anniversary. 

New Appointments
  • Tata Steel board today announced that former Tata Sons head Cyrus Mistry will no longer serve as its Chairman
    • Independent director OP Bhatt has been appointed as the Interim Chairman till December 21. 

Recent Committees in News
  • The Centre announced a new committee to form a strategy to expedite the process of transforming India into a cashless economy.
    • The panel is tasked with identifying various bottlenecks affecting access of digital payments. 
    • The committee was set up following a directive from the Prime Minister’s Office to back up the demonetisation move.
    • This committee will be headed by : Amitabh Kant (Niti Aayog CEO)
  • Maharashtra government today set up a committee to look into the demands of raising the retirement age of its employees to 60 years from the current 58. 
    • Central government employees retire at the age of 60 years, while the figure varies from state to state. 
    • Maharashtra has around 15 lakh employees in over 35 government departments across the state.

  • Cuban revolutionary leader Fidel Castro (90), one of the world's longest-serving and most iconic leaders,  has passed away today.
    • The lawyer-turned-guerrilla overthrew the Cuban dictator Batista's government and established a communist state in 1959. 
    • He later went on to repel a US-backed attack and survived countless assassination attempts during nearly half a century in power.
  • Russian aircraft designer and co-creator of MiG-29 fighter jets, Ivan Mikoyan (89) passed away. 
    • He was a lead engineer at MiG Aircraft Corporation's design bureau, founded by his uncle Artyom Mikoyan. 
    • He awarded the USSR State Prize twice for his contributions to the MiG project and remained a company adviser until his death.
  • Senior journalist Dileep Padgaonkar (72), a former editor of The Times of India, passed away.
    • He had also worked with UNESCO and was a part of the three-member interlocutors group for J&K in 2008. 

Sports Current Affairs
  • Former South African cricket captain Johan Botha has been granted Australian citizenship after moving to the country four years ago. 
    • Botha, who captained South Africa in 10 ODIs and 11 T20Is between 2008 and 2012, played his last international match for South Africa in October 2012.
    • Botha has featured in all seasons of Australia's Big Bash League so far.
This is the end of today's Daily Current Affairs session friends. Good Day :)
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