Weekly Tonic 15 -21 November career power

7/25/2019 Weekly Tonic 15 -21 November career power

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Dear Readers,This is the new series which have been started by us in which we will provide you weekly compilation of the current affairs.

We will publish our new document named WEEKLY GA TONIC.

We really hope that you all will like this new initiative by our team. This document contains the important current affairs

from November 2015, i.e. 15thNovember to 21st November.

This tonic is useful for all those candidates who are appearing for the NABARD EXAM.

Also, this is useful for the IBPS CLERK MAINS EXAM 2015-16.
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INDIAINNEWS(AGREEMENTS)

Union Minister of Environment, Forest and ClimateChange, Prakash Javadekar announced formation ofIndian Resource Panel (InRP) on Resource Efficiency.India is the first country to constitute a NationalResource Panel. The InRP was formed with an aim to

promote sustainable development of the country byutilising secondary resources to meet developmentalneeds.

India and Vietnam inked MoU for cooperation in thefield of Animal Health. The MoU seeks thepromotion of mutual cooperation between both thenations through joint activities in the areas of animalhealth.Union Cabinet gave its ex-post approval to the JointDeclaration of Intent (JDI) between the Ministry ofHuman Resource Development and Federal ForeignOffice of Germany. The JDI seeks to promote German as

an additional Foreign Language in Kendriya Vidyalayas(KV) schools. With this approval, German language willnow be taught as an additional foreign language in KVsin conformity with the National Education Policy,1986.IAMAI released Internet in India 2015 report. As perthe report, Indias internet user base will touch 402million by December 2015 making it the second-largest in the world after China.India & China agreed to deepen defence ties &maintain peace at LAC. The decision came at themeeting of a visiting 26-member delegation led by

General Fan Changlong, Vice-Chairman of ChinasCMC and the Indian side headed by Defence MinisterManohar Parrikar.India & Bangladesh signed SOP to operationaliseAgreement on Coastal Shipping. The SOP has beenframed as per the terms and conditions of theAgreement on Coastal Shipping and both India andBangladesh have agreed to its provisions.a) President Pranab Mukherjee inaugurated 35thedition of India International Trade Fair (IITF) atPragati Maidan in New Delhi. The 14 day fair has beenorganised by India Trade Promotion Organisation

(ITPO), under aegis of Union Ministry of Commerceand Industry. This year Afghanistan has been roped asthe partner country and Bangladesh is the focuscountry.b) Within Indian states, Goa and Jharkhand are roped

as partner states, while Madhya Pradesh is thefocus state. Theme of 2015 edition of IITF is Makein India in order to encourage companies tomanufacture their products in India.

Prime Minister Narendra Modi inaugurated therecently acquired Ambedkar memorial by Maharashtra

Government at King Henrys Road in London, United

Kingdom. On this occasion, Prime Minister unveiled aplaque to mark the dedication of the Memorial and wasaccompanied by Maharashtra Chief Minister DevendraFadnavis.

IEP released Global Terrorism Index 2015. Out of

the 162 countries surveyed, India was the sixth mostaffected by terrorism in 2014.India, Bangladesh agreed to cooperate onintelligence sharing, border security. India assuredBangladesh to cooperate it in stopping cross-borderdrug smuggling, which was another major issue othe talks.India and Bangladesh signed draft MoU onpassenger and cruise vessel movement. The MoUwas signed during the meeting of the secretary leveldelegation of both the countries.India, Australia completed formalities for Civi

Nuclear Pact. India will be the first country to buyAustralian uranium without being a signatory to theNuclear Non-proliferation Treaty.

INTERNATIONALNEWS

Russia signed two agreements with Egypt to financeand build its first nuclear power plant at Dabaa on theMediterranean coast in the northwest of the countryDabaa Nuclear plant will be third-generation plantwith four reactors with total capacity of 1,200 MW.The United Nations Security Council (UNSC)unanimously adopted a French-sponsored resolution2249 (2015) calling all nations to take all necessarymeasures to prevent and suppress the terrorist acts oIslamic State of Iraq and Syria (ISIS) and otherextremist groups. The resolution was adopted by UNSCa week after ISIS extremists had launched acoordinated barbaric gun and bomb assault in Paris(France) on 13 November 2015 that killed 130 people.


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Britain announced 2017 as the UK-India Year ofCulture to mark the 70th Anniversary of IndianIndependence. To mark the Occasion, UK Institute willpartner with Indian Institutes for the program and theBritish Library will digitize 2,00,000 pages from itsSouth Asian Archives.US House of Representatives passed Bill to restrictentry of Syrian, Iraqi refugees. The bill that seeks toimpose more stringent security provisions onalready robust screening of Iraqi and Syrianrefugees.Terrorists attacked six locations around Paris killingaround 160 civilians and injuring another 200 peopleand security personnel. While majority of the deathsoccurred in the Bataclan concert venue, around 80000football fans in the Stade de France (National Stadiumof France) came under the deadliest attacks who werewatching a friendly match between France andGermany. To deal with impending attacks, France

President Francois Hollande, who was at the venueduring the attack, immediately convened anemergency cabinet meeting outside the stadium andannounced a state of emergency.

Bangladesh Government blocked social mediaplatform on security grounds. The order camefollowing the Supreme Court verdict of deathpenalty to war criminals Salauddin QuaderChowdhury and Ali Ahsan Mohammad Mujahid.

APPOINTMENTS(INDIA&WORLD)

Harshavardhan Neotia, Chairman of Ambuja Neotiagroup elected as the President of industry bodyFederation of Indian Chambers of Commerce andIndustry (FICCI) for the year 2016. He will succeedthe current FICCI President Jyotsna Suri.Senior JDU leader Nitish Kumar was sworn-in as ChiefMinister of Bihar for the fifth time. The swearing-inceremony was held at the Gandhi Maidan in Patna.Governor Ramnath Kovind administered the oath ofoffice and secrecy to Nitish Kumar.Philips India has appointed V Raja as the Vice-Chairman and Managing Director effective December1. He takes over from A Krishna Kumar.Senior diplomat Vijay Keshav Gokhale has beenappointed as Indias Ambassador to China. He willreplace Ashok Kantha.The President of India Pranab Mukherjee on 18November 2015 appointed Justice Tirath SinghThakur as the Chief Justice of India. Justice Thakurwill take over the office from 3 December 2015 as the43rd Chief Justice of India. His tenure will be till 3January 2017.

Zarin Daruwala will join as the India chief executiveofficer at Standard Chartered Bank, the internationalender. He will report to Ajay Kanwal, regional CEOASEAN & South Asia at Standard Chartered.Syed Akbaruddin was appointed as the nextPermanent Representative of India to the UnitedNations at New York. He will replace Asoke KumarMukerji who assumed the office in April 2013.Nokia announced that Sandeep Girotra would becomethe head of India and Amr Karim El-Leithy wouldbecome the head of Middle East and Africa as part ofthe planned combination of Nokia and Alcatel-Lucentafter and subject to the successful closing of the publicexchange offer for Alcatel-Lucent securitiesannounced on 15 April.

STATES(INDIA)INNEWS

Walmart India announced an entrepreneurdevelopment programme for women, a move toencourage women owned businesses (WOBs) in thesupply chain. This will include softer payment termsfor them in their first year of empanelment withWalmart India. Speaking at the launch of AndhraPradesh Rural Inclusive Growth Project, Krish IyerPresident & CEO, Walmart India, said, AndhraPradesh will be one of the first states in India wherewe will start an entrepreneurial programme forwomen in collaboration with Society for Eliminationof Rural Poverty.Rajasthan Government signed 295 MoUs attractingabout 3.3 lakh crore rupees investment during theResurgent Partnership Summit 2015. With this, a taskforce will be formed to get the projects implementedin a time-bound manner. It aims to provide around239694 lakh jobs in the state.Rajasthan and South Australia signed the historicSister-State Agreement to boost export andinvestment opportunities between the two states. Theagreement was signed by South Australia Trade and


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Investment Trade Minister Martin Hamilton-Smithand Rajasthan Chief Minister Vasundhara Raje inRajasthan. It is based on a two-way exchange ofresearch, policy and technical capabilities.Union Minister of Food Processing IndustriesHarsimrat Kaur Badal laid the foundation stone of thefirst Mega Food Park in Telangana. The park ispromoted by Smart Agro Food Park Pvt. Ltd. at VillageLakkampally and Chimrajpally, Nandipet Mandal,District Nizamabad, Telangana. Besides, two moreMega Food Parks have been sanctioned to be set up inKhammam and Mahboobnagar districts in Telangana.Delhi will host the first International Qawwali Festival2015 titled Taali Ho that is scheduled to be held from12 February 2016 to 14 February 2016.The Centre, Andhra Pradesh and the World Bank haveinked a $75 million (500 crore) credit deal for theAndhra Pradesh Rural Inclusive Growth Project. Theproject seeks to enhance agricultural incomes of small

and marginal farmers and ensure increased access toservices related to health, nutrition, sanitation andsocial entitlements.Odisha implemented National Food Security Act,2013 in 14 districts. In the first phase, the NFSAwas launched in the districts of Angul, Bargarh,Boudh, Balangir, Deogarh, Gajapati, Jharsuguda,Kandhamal, Kalahandi, Koraput, Malkangiri,Nuapada, Sambalpur and Sonepur.The Jharkhand Chief Minister Raghubar Das on 15November 2015 introduced Mobile Governance in thestate to realise the dreams of Digital India during the

occasion of 16th Foundation Day of the state. TheState Government launched 14 mobile applicationsand three web portals on the State Foundation Day todeliver the benefits of information technology to thepeople of the state in order to bridge the gap betweenthe government and public.

SPORTSINNEWS

Maharashtras chess player Srishti Pandey clinchedthe second Indiana All India FIDE Rating Chesstournament. The tournament was organised by

Nagpur Taluka Chess Association, which concludedat Dr Hedgewar Smarak Samiti Hall, Reshimbagh,Nagpur.Indian men and women elite cyclists won five medalson the opening day of the Track Asia Cup. Thecyclists won one gold medal, three silver medals andone bronze medal at the event held in IG StadiumComplex Velodrome, New Delhi. Anu clinched asilver medal in the 500m race distance event in thejunior women category in a time of 40.093 seconds.Amritha Reghunathan, from SAINCA, won the gold

medal in a time of 39.927 seconds. In women's eliteevent of 500m race distance, cyclists Deborahgrabbed a silver medal in new national record timeof 35.77 seconds.The Czech Republic successfully defended its FedCup crown after beating Russia in final day's play inPrague. Czech Republics Karolina Pliskova emergedas the teams hero.FIFA, the governing body of football, banned Nepal'sfootball chief Ganesh Thapa for 10 years forcorruption. The body also banned the President othe Laos federation Viphet Sihachakr for two yearsfor bribery.Young shuttler Siril Verma grabbed a silver medal atthe BWF World Junior Championships held in LimaPeru. Chinas Chia Hung Lu clinched the gold medaat the Boys' singles event.Australian fast bowler Mitchell Johnson (age 34) hasannounced his retirement from all forms o

international cricket. He made this announcementafter conclusion to the second Test match againstNew Zealand at WACA.Ace Indian shuttler Saina Nehwal has won silvermedal at 2015 China Open Superseries PremierBadminton tournament after finishing at secondposition in the Womens Singles category.German Formula One motor racer Nico Rosbergdefeated Lewis Hamilton to grab the Brazilian GrandPrix trophy. Sebastian Vettel grabbed the thirdposition in the race.IAAF provisionally suspended Russia from World

Track and Field Events. The IAAFs councimembers voted 22-1 in favour of Russia beingbanned from the events. The ban will keep Russianathletes out of all sanctioned international trackand field events worldwide.


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BANKS&ECONOMYINNEWS

The Asian Development Bank (ADB) has pledged toprovide 120 million dollar loan in order to financecross-border electricity link between Bangladeshand India under SASEC Programme. In this regard,loan agreement was signed by ADB Country Director

Kazuhiko Higuchi and Mohammad Mejbahuddin,Senior Secretary of Bangladesh Finance Ministry.The loan fund would be used for Second Bangladesh-India Grid Inter connectivity project under theambitious South Asia Sub-regional Economic Co-operation (SASEC) Programme.a) The Cabinet Committee on Economic Affairsapproved extension of Indian Development andEconomic Assistance Scheme (IDEAS) for five yearsfrom 2015-16 to 2019-20. The extension wasapproved by the Prime Minister-headed CCEA inview of continued relevance of the scheme. During

the extended period, about 3771 crore rupees will beutilized as part of the scheme.b) IDEAS attempts to promote India's strategicpolitical and economic interest abroad by positioningit as an emerging economic power, investor countryand partner for developing countries.The Union Cabinet on 18 November 2015 approvedthe signing of the Tripartite Agreement among India,Brazil and South Africa (IBSA) on the IBSA Fund forthe Alleviation of Poverty and Hunger. The decisionwill help in strengthening the IBSA Fund which is aunique vehicle in the context of South-Southcooperation. The IBSA countries contribute 1 millionUS dollars each annually to the Fund, which tillJanuary 2015 has accumulated to 28.2 million USdollars, with total implemented/approved projectscommitment of 26.2 million US dollars. Remaining2.09 million US dollars is available for programming.India on its part has contributed 9.1 million USdollars so far to the Fund. The IBSA Fund undertakesdevelopment projects in third countries.The Union Cabinet chaired by the Prime MinisterNarendra Modi on 18 November 2015 gave itsapproval for the ratification and submitting of theArticles of Agreement (AoA) of the Asian

Infrastructure Investment Bank (AIIB). India will bethe second-biggest shareholder with 8.4 percent,followed by Russia, which will have a 6.5 percentstake. Establishment of the AIIB will help India andother signatory countries to raise and avail resourcesfor their infrastructure and sustainable developmentprojects. It will enable India to play a prominent rolein the governance of a multilateral institution.

CCEA approved four rail line projects worth 8351crore rupees. Doubling of the lines will greatly

ease the ever increasing freight traffic betweenthese sections.a) Axis Mutual Fund announced its new fund offerthe Axis Children's Gift Fund. This is Axis' first goal-based investment option, the MF house saidAccording to the company, such an investment

would be better than taking an education loan in thefuture for a child's education. The NFO comes withan optional lock-in period till the child turns 18 yearsold.b) The open-ended balanced scheme will invest up to60 per cent in equity and equity derivatives, amaximum of 55 per cent in debt and a maximum o15 per cent in cash arbitrage.c) The minimum application amount is Rs. 5,000. Thefund will be benchmarked against the CrisiComposite Bond Fund Index.ICICI Bank Canada, a subsidiary of private lenderICICI Bank, has launched Student GIC (Guaranteed

Investment Certificate) Program for studentsaspiring to study in Canada. As per the terms of theprogramme, the amount of C$10,000 is paid back tothe student while he/she is studying in Canada in 12equal instalments along with the interest amount.

BUSINESSNEWS

Tata Consultancy Services (TCS), India's largestsoftware exporter launched a new Centre ofExcellence (CoE) for Internet of Things (IoT) in

collaboration with Intel. The CoE is located at theTCS campus in Hyderabad. Its focus is to integrateIoT solutions developed by TCS on Intel IoTplatforms and to fast-track creation of end-to-endsolutions.Marriott International to acquire Starwood Hotels& Resorts Worldwide. With this acquisitionMarriott International is set to become worldslargest hotel company.


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The Cabinet Committee on Economic Affairs (CCEA)approved the disinvestment of 10 percent paid upequity capital of Coal India Limited (CIL). With thisdisinvestment in CIL, the Union Government isexpecting to mop up around 20000 crore rupees.Chip-maker Intel has rolled out its Ek Kadam UnnatiKi Aur programme towards rural digitisation in 10States from Nadimpalle villlage in Telangana.Announcing the setting up of the first Unnati Kendraat the village in Mahabubnagar District, Intel VicePresident-Sales and Marketing Group and ManagingDirector-South Asia Debjani Ghosh said the companywill work with Central and the State governments toidentify best framework for digitisation.

Online auto classifieds portal CarTrade acquiredCarWale. After the deal, the CarTrade, which onlysells used cars, plans to enter into the new carssegment.Healthcare booking platform Practo and taxi-hailing

platform Uber today announced a global partnershipto help people reach doctors easily. Across India,Indonesia, Philippines and Singapore, those whobook an appointment on Practos mobile applicationwill be able to view the closest Uber available alongwith the appointment reminder alert.Travel services provider Thomas Cook India hasentered into a partnership with online aggregator ofbudget hotels, OYO Rooms, offering access to over3,200 hotels, spread over 140 cities across India. Thecompanys partnership with OYO Rooms aims at

providing a wide range of standardised stay options,

optimal locations (both business and leisure areas)and maximised savings, Thomas Cook India said.

SUMMITS/CONFERENCE

a) 23rd Asia-Pacific Economic Cooperation (APEC)Economic Leaders Summit was held at Manila,Philippines from 18 November to 19 November2015. The summit was chaired by PhilippinesPresident Benigno S. Aquino III.b) The theme of the Summit was Building InclusiveEconomies, Building a Better World.

c) After the conclusion of the summit, the leadersfrom 21 member-countries issued the 2015 LeadersDeclaration titled Building Inclusive Economies,Building a Better World: A Vision for an Asia-PacificCommunity.d) Peru will chair APEC throughout 2016 and hostthe 24th APEC Economic Leaders Meeting.Global Cancer Summit, a three-day programmefocussed on understanding and suggesting strategiesto tackle cancer, will be organised from November18-20 at the Indian Institute of Science. The event is

organsied by BioGenesis - the Euro-Indian HealthCluster (India), Global Cancer Foundation andsupported by the Indian Council of Medical Research

OBITUARIES

Former Chief of the Research and Analysis Wing(RAW) K. Sankaran Nair passed away in BengaluruHe was 94.Eminent neurosurgeon and secretary general oIndian Red Cross Society Satya Paul Agarwal died. Hewas 70.The patron of the Vishwa Hindu Parishad (VHP)Ashok Singhal passed away in Gurgaon due to aprolonged illness. He was 89. Singhal served as theinternational working president of the Hinduorganisation for over 20 years.A well-known author of children's books, Kamala

Laxman, passed away in Pune due to old age issuesShe was 90.

RK Trivedi, the former Gujarat Governor and CECdied.Veteran actor, Saeed Jaffrey, who was seen in filmslike Shatranj Ke Khiladi and Ram Teri Ganga Mailipassed away. He was 86.

DAYS

World Toilet Day (WTD) was observed on 19November 2015 across the world with the themeSanitation and Nutrition. The aim of WTD is to raiseawareness about the people in the world who donthave access to a toilet, despite the fact that it is a

human right to have clean water and sanitation.The World Health Organisation (WHO) on 16November 2015 launched the World AntibioticAwareness Week with the theme Antibiotics: handlewith care. The aim of the campaign is to raiseawareness and encourage best practices among thepublic, policymakers, health and agricultureprofessionals to avoid the further emergence andspread of antibiotic resistance.


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The International Day for Tolerance was observedglobally on 16 November 2015 with an aim toeducate people about the need for tolerance insociety and help them understand the negativeeffects of intolerance.

DEFENCEINNEWS

a) The Defence Minister Manohar Parrikar handed

over the Maareech - Advanced Torpedo DefenceSystem developed by DRDO to the Navy ChiefAdmiral Robin K. Dhowan in Vishakhapatnam.b) Maareech is a joint project of Naval Physical andOceanographic Laboratory (NPOL), Kochi and NSTL,Visakhapatnam.c) The system provides a complete solution to detectand locate the incoming torpedo and to applycountermeasures to protect naval platform againsttorpedo attack. The system is capable of detecting,confusing, diverting and decoying the incomingtorpedoes.

INS Vishwakarma, the erstwhile Shipwright School(SWS) and a premier training establishment of theIndian Navy has been commissioned. It wascommissioned by Admiral RK Dhowan, Chief of theNaval Staff at a formal ceremony held atVisakhapatnam.

BOOKS&AUTHORS

AWARDS ANDRECOGNITION

Tennis champion-turned Hollywood filmmakerAshok Amritraj was awarded with an honorary

doctorate of Arts by the University of East London.Amritraj was honoured for promoting talentedmoviemakers from across the world, including India.The United Nations High Commissioner for Refugees(UNHCR) was on 19 November 2015 chosen for theIndira Gandhi Prize for Peace, Disarmament andDevelopment for 2015.Union Minister of State for Home Affairs, Kiren Rijiju,was on 17 November 2015 designated as theDisaster Risk Reduction (DRR) Champion for theAsia Region by the United Nations Office for Disaster

Risk Reduction (UNISDR). Rijiju also became the firstIndian to be conferred with this honour.

NASA/ISROIN NEWS

Russia successfully on 17 November 2015 launched

the first satellite for its newest early warning systemnamed EKS or Integrated Space System. The satellitewas officially named Kosmos 2510 (Tundra 11L)This new-generation satellite is designed to restoreMoscow's capability to detect, track and identifyworldwide missile launches from space.

SCHEMES/POLICIES LAUNCHED BY CENTRAL &

STATEGOVERNMENT

Union Government on 18 November 2015 launchedthe Technology Acquisition and Development Fund

(TADF) under the National Manufacturing Policy2011. The TADF was launched by Minister of Statefor Commerce & Industry Nirmala Sitharaman. Thefund will facilitate acquisition of clean, green andenergy efficient technologies. It will also catalyse themanufacturing growth in Micro, Small & MediumEnterprises (MSME) sector with an aim to contributeto Make in India initiative.Union Ministry of Finance on 13 November 2015constituted the Governing Council (GC) of theNational Investment and Infrastructure Fund (NIIF)The GC will be chaired by the Union Finance Minister

and the members included Secretary: DEASecretary: Financial Services, ArundhatBhattacharya, Hemendra Kothari,T V Mohandas PaiIts objective is to back new and stressed projects andhelp restart the investment cycle. It was proposed bythe Union Finance Minister Arun Jaitley in his Budge2015-16.An inter-ministerial Apex Committee on 16November 2015 approved State Annual Action Plans(SAAP) of 81 mission cities in 5 states-Tamil NaduMadhya Pradesh, Jharkhand, Odisha and Mizoramunder AMRUT for 2015-16. The meeting of thecommittee was headed by Shri Madhusudan PrasadSecretary, Union Ministry of Urban Developmentwhich is the nodal ministry for implementation ofAtal Mission for Rejuvenation and UrbanTransformation (AMRUT). With this approvalnumber of cities covered under AMRUT went up to170 across 8 states with a total project expenditureof 8534 crore rupees.Union Ministry of Health and Family Welfare on 15November 2015 launched the Affordable Medicinesand Reliable Implants for Treatment (AMRIT)


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pharmacy outlet at the All India Institute of MedicalSciences (AIIMS) in New Delhi. The purpose of thefirst of its kind outlet is to reduce the expenditureincurred by patients on treatment of cancer andheart diseases by 50 to 60 percent.

MISCELLANEOUS

Airports Authority of India (AAI) signed a

Memorandum of Understanding (MoU) with IL&FSGlobal Financial Services to spread its wingsoverseas. IL&FS Global Financial Services is asubsidiary of infrastructure giant IL&FS.Infrastructure Leasing & Financial Services Limited(IL&FS) is one of India's leading infrastructuredevelopment and finance companies.Eram Scientific Solutions, manufacturer of electronictoilets, has unveiled a new eToilet mobile app. TheAndriod app is downloadable for free from GooglePlaystore by typing the keyword etoilets. It helpslocate the nearest etoilets via a map and address

listings, Anvar Sadath K, CEO, Eram, says.Chinas Tianhe-2 supercomputer has emerged as theworlds most powerful supercomputer system for

the sixth consecutive time. It was unveiled in 46thedition of Top500 list of supercomputers. TheChinese Supercomputer is capable of performingcalculations with processing speed of 33.86 petaflopsper second (Pflop/s).The Competition Commission of India (CCI) on 17November 2015 imposed penalties upon 3 Airlinesfor concerted action in fixing and revising FuelSurcharge (FSC) for transporting cargo. These 3Airlines are Jet Airways (India) Ltd, InterGlobeAviation Limited and Spice Jet Limited.Allahabad HC asked UP government to stop saleand use of Chinese Manjha. The order was passedon a PIL filed by Anurag Mishra who had drawncourts attention towards a number of incidentscaused by razor-sharp nylon string coated withglass.CCEA approved implementation of CCTNS and ICJSProject by March 2017 to revamp Criminal JusticeSystem. The ICJS Project will be implemented

through integrating CCTNS with e-Courts, eprisons, Forensics and Prosecution, which are thekey components of the Criminal Justice System.

COMMITTEESINNEWS

Delhi governments panel which was headed byChetan Sanghi suggested that the BCCI should

suspend DDCA as per the Memorandum and Rulesand Regulations of the BCCI, Regulation 32 (vii).

GLOBAL GENDER GAP REPORT 2015

a) World Economic Forum (WEF) released the GlobaGender Gap Report 2015. It ranked 145 economiesaccording to how well they are leveraging their femaletalent pool, based on economic, educational, healthbased and political indicators.b) As per the report, the global gender gap acrosshealth, education, economic opportunity and politics

has closed by only 4 percent in the past 10 yearssuggesting it will take another 118 years to close thisgap completely.c) Out of the 145 countries surveyed, Iceland topped theGender Gap Index for the seventh year in a row & Indiastood at the 108th position.d) Top 5 countries with high gender equality are Iceland(1), Norway (2), Finland (3), Sweden (4) and Ireland (5)and five countries with least gender equality are Iran(141), Chad (142), Syria (143), Pakistan (144) andYemen (145).

7th Central Pay Commission

a) The 7th Central Pay Commission (CPC) headed byJustice AK Mathur submitted its report on 19 November2015 to the Union Finance Minister Arun Jaitley. Thecommission recommended 23.55 percent hike in payand allowances of government employees.b) The recommended pay revision will come into effectfrom 1 January 2016. The minimum pay for governmentemployees is recommended to be set at 18000 rupeesper month. The maximum pay is recommended to be225000 rupees per month for Apex Scale and 250000


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per month for Cabinet Secretary and others presently atthe same pay level.c) The increase in pay will be 16 percent, increase inallowances will be 63 percent and increase in pensionwill be 24 percent.d) The present system of pay bands and grade pay hasbeen dispensed and a new pay matrix has beendesigned. Grade Pay has been subsumed in the paymatrix. The status of the employee, determined bygrade pay, will now be determined by the level in thepay matrix.e) One Rank One Pension proposed for civiliangovernment employees on line of OROP for armedforces. Increase in Military Service Pay and revisedpension formula for civil employees including CentralArmed Police Forces (CAPF) and Defence Personnelretiring before 1 January 2016.f) Military Service Pay (MSP), which is a compensationfor the various aspects of military service, will be

admissible to the defence forces personnel only.g) The 7th Central Pay Commission headed by Justice AK Mathur was set up on 28 February 2014 by thenUnion Government to revise remuneration ofemployees and pensioners of central governmentincluding Defence and Railways.

Delhis Lokpal Bill

The Delhi Cabinet headed by Chief Minister ArvindKejriwal on 18 November 2015 approved the Delhi JanLokpal Bill, 2015.The Bill envisages the establishment of an independent

authority to investigate offences under the Preventionof Corruption Act, 1988. It also covers the ChiefMinisters Office.The bill drafted by Chief Minister Arvind Kejriwal andDeputy CM Manish Sisodia largely resembles theprovisions contained in Uttarakhand Lokayukta Bill,2011.The bill prescribes time-bound investigation of offenceswithin six months and states that as far as possible thetrial in such cases should be completed in six months. Italso allows authorities to provisionally attach assetsacquired by corrupt means.It provides that punishment for any act of corruptioncannot be less than six months and a maximum of 10years. In rarest or rare cases, the corrupt public servantcan be sentenced to life imprisonment. It seeks to bringDelhi Police, Delhi Development Authority andmunicipal bodies under its ambit.

Modis Two Nation Tour

a) Prime Minister Narendra Modi on 16 November 2015returned to India after his two-nation tour of the UnitedKingdom and Turkey.During his five-day visit which took place from 12November to 16 November 2015, Modi participated in

G-20 summit at Antalya in Turkey and met with QueenElizabeth II, British Prime Minister David CameronTurkey President Recep Tayyip Erdogan and others.b) During this tour, he stayed in UK (12 to 14 November2015) and Turkey (14 to 16 November 2015).c) Modi inaugurated Dr. Bhimrao Ramji AmbedkarMemorial in London. He unveiled Basaveshwara Statuein London and addressed the Indian Community atWembley Stadium, London. Modi paid homage atGandhi Statue in London and met with Queen ElizabethII at Buckingham Palace. With this, he became the firstIndian head to address the British parliament

d) Modi held delegation level talks with Prime MinisterDavid Cameron of United Kingdom and also met Leaderof the Labour Party and the Leader of the OppositionModi attended the UK-India CEO Forum. He also visitedJaguar Land Rover (JLR) plant, a subsidiary of IndiasTata Motors, in Solihull

India & UK Mous

India and the UK announced commercial deals worth 9billion pounds in London. The deals took place betweenthe companies operating from both the countries andwere agreed upon during the Prime Minister Narendra

Modis visit to the UK.The deal included HDFC, Indias largest housingfinance company, which has announced theproposal to issue rupee denominated bondsoverseas of up to 490 million pounds.Bharti Airtel Ltd announced that it intends to issueits maiden sterling bond of up to 500 millionpounds to be listed on the London Stock Exchange.Major UK-based insurance companies like StandardLife, Bupa and Aviva have committed to invest acombined total of approximately 238 millionpounds worth of FDI in their Indian joint ventures.

London Stock Exchange Group and Yes Bank wilsign a MoU to foster the development around bondand equity issuance, with a strong focus on greeninfrastructure finance. As part of this MoU, the bankis expected to list a green bond of up to 330 millionpounds through Medium Term Notes by December2016.State Bank of India (SBI) and London StockExchange Group have announced a collaboration tocreate the FTSE-SBI India Bonds Indices to be usedinitially by a new investment fund run by SBI. These


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indices, to be launched in the first half of 2016, willfacilitate investment into Indias bond markets andsupport market liquidity and pricing.

PRASAD & DARSHAN Scheme

a) PRASAD (National Mission on Pilgrimage

Rejuvenation and Spiritual Augmentation Drive) andSWADSH DARSHAN schemes of the Union Ministry ofTourism, the two initiatives, along with Zonal CulturalCentres (ZCCs), were launched to achieve 1 per centshare of international tourist arrivals by 2016-17 fromthe present 0.68 per cent.b) Both the schemes are under implementation inmission mode and aimed at developing world-classtourism related infrastructure.c) PRASAD's objective is to augment religious andspiritual tourism in the country as India is a land ofmany religions like Hinduism, Buddhism, Sikhism,

Jainism and Sufism.d) As part of SWADSH DARSHAN scheme, theme basedtourism circuits are identified for infrastructure

development across the country. Theme Based TouristCircuit (TBTC) is defined as a tourist circuit aroundspecific themes such as religion, culture, ethnicityniche, etc. A TBTC could be confined to a state or couldbe a regional circuit covering more than a state or unionterritory (UT).

Important Days

November 16-International Day for TolerenceNovember 17-International Students DayNovember 19-World Toilet DayNovember 19-International Mens DayNovember 20-Universal Childrens DayNovember 21-World Fisheries DayNovember 21-World Hello DayNovember 21-World Television Day

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Weekly Tonic 15 -21 November career power

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