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November 22, 2017

22nd November 2017 Important Daily Current Affairs

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Dear Great Ambitionists, here are today's (22nd November 2017) Important Current Affairs updates. Happy Reading :)

Daily Current Affairs of 22nd November 2017

International Current Affairs
  • India today asked the United Nations to declare 2018 as the International year of millets and promote it as nutrition-rich smart food across the world. 
  • Bali's Mount Agung volcano erupted for the first time in 54 years, forming an ash cloud 700 metres in the Indonesian sky.
  • Iranian President Hassan Rouhani declared the end of ISIS, although he acknowledged that the remnants of the militant group will remain.
    • Note : The Syrian Army had declared victory over the Islamic State earlier this month.
  • The Union Home Minister Rajnath Singh will visit Russia from 27th  to 29th  November, 2017.
    • During  this 3 day  visit,  Union Home Minister will be holding discussions with Mr. Vladimir Kolokoltsev, Minister for Internal Affairs  and other senior Russian leadership. 
  • Sri Lankan Prime Minister Ranil Wickremesinghe is on a 4-day visit to India.
    • He will hold wide-ranging talks with Prime Minister Narendra Modi during which the vexed fishermen issue is likely to figure.
    • The two leaders are also expected to deliberate on issues relating to maritime security, amid efforts by China to strengthen its naval presence around the waters of the island nation.
  • India ranked 51st among 63 countries on the IMD Talent Rankings in terms of ability to attract, develop and retain talent. 
    • Top 10 in the List :
      • Switzerland
      • Denmark
      • Belgium
      • Austria
      • Finland
      • Netherlands
      • Norway
      • Germany
      • Sweden
      • Luxembourg
National Current Affairs
  • The Telangana government has directed all public and private schools in the state to introduce Telugu as a compulsory subject from the next academic session. 
    • Telangana Chief Minister : Kalvakuntla Chandrashekar Rao
  • The Indian Railways has decided to use Artificial Intelligence to prevent the possibility of signals failing, moving from a find-and-fix to predict-and-prevent approach. 
    • Any flaws in the signalling system would be detected on a real-time basis and rectified to avoid possible delays and mishaps. 
Banking, Business & Economic Affairs
  • The State Bank of India (SBI) will use Blockchain Technology for smart contracts and Know Your Customer (KYC) from next month.
    • A blockchain is a digitized, decentralized, public ledger of all cryptocurrency transactions.  
    • BankChain aims to reduce fraud and maximise efficiency, security and transparency in banking systems.
  • 22-year-old American model Kendall Jenner beat Gisele B√ľndchen to become the world's highest-earning model in 2017, as per Forbes. 
  • HSBC's private-banking unit was fined a record $51 million over sales of structured products linked to Lehman Brothers in Hong Kong. 
    • The unit will also lose its licence to advise on securities for one year, while its licence to deal in securities will be partially suspended for a year. 
  • Confederation of All India Traders (CAIT) Secretary General Praveen Khandelwal has said the government might withdraw the cheque book facility in "near future" to encourage digital transactions. 
  • Automobile giant Mahindra and Mahindra opened its new manufacturing plant in America's 'Motor City' Detroit, which got its first automotive production facility in 25 years
  • The Union Finance Ministry has granted Infrastructure Status to Logistics sector
    • Logistics Infrastructure was included by insertion of new item in renamed category of ‘Transport and Logistics’.
Science & Technology
  • The world's fastest supersonic cruise missile, BrahMos was successfully flight-tested for the first time from the Indian Air Force's fighter aircraft Sukhoi-30MKI against a sea-based target today. 
    • With this test, BrahMos is now capable of being launched from land, sea, and air. The missile, weighing 2.5 ton, is also the heaviest weapon to be deployed on India's Su-30.
    • Note : Brahmos is a joint venture between DRDO of India and NPO Mashinostroyenia (NPOM) of Russia.
  • The ISRO (Indian Space Research Organisation) is going to launch the first rocket completely built by private sector in 2020-21, said chairman AS Kiran Kumar.
    • A joint venture between ISRO and several companies would be aimed at covering the deficit in satellite and launch vehicle production.
  • Mr Kiran Kumar also announced that Aditya-L1, India's maiden mission to the Sun, will be launched in 2019 from Sriharikota in Andhra Pradesh. 
    • Conceived in 2008, the mission is aimed at studying the "dynamical processes of the sun". 
    • The satellite, which will carry six payloads, will be launched on the PSLV-XL launch vehicle.
New Appointments
  • Filmmaker Rahul Rawail has been appointed as the Acting chief of the Jury for the Indian Panorama section of International Film Festival of India (IFFI) 2017 after Sujoy Ghosh's resignation. 
    • Sujoy resigned from the post following the controversy over the removal of two films from the final selection. 
  • NDTV CEO KVL Narayan Rao (63) passed away today.
    • Rao had started his career as a journalist with The Indian Express.
People in News
  • Zimbabwe's President Robert Mugabe, who has ruled the nation for 37 years after its independence, resigned from his post today. 
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