Daily Current Affairs Updates– 14th& 15th November 2015

    Daily Current Affairs Updates– 14th& 15th November 2015
    Daily Current Affairs Updates– 14th& 15th November 2015:
    Daily Current affairs News Updates about the National and International events were listed here. Candidates those who are preparing for IBPS/SBI/PO/Clerk exam and all other competitive exams can use this.

    1). 14th November is celebrated as Children’s Day in India:
    ·        Children’s day (also known asBal Divas) in India is celebrated every year on14th of Novemberto increase the awareness of people towards the rights, care and education of children. 
    ·        126thBirth anniversary of 1st Prime Minister of India, PanditJawahar Lal Nehru (14thNov 1889 – 27th May 1964) is being observed as the Children’s Day.

    2). Nitish Kumar has been Elected as the Leader of Grand Alliance Legislature Party:
    ·        Legislators of theGrand Alliance today unanimouslyelected Nitish Kumar as their leader in the assembly, paving the way for him to once again become the chief minister.
    ·        The newly-elected legislators ofJanata Dal-United (JD-U) met at the residence of Nitish Kumar and elected him as its Legislature Party leader.
    ·        He will swear as theChief Minister of Bihar for thethird-consecutive time on 20thNovember 2015.

    3). PM Narendra Modi has launched Neev Fund in UK:
    ·        Prime Minister Narendra Modi has launchedIndia’s first Low Income State Infrastructure Equity Partnership (the Neev Fund) in UK in the presence ofDavid Cameron, Prime Minister, United Kingdom.
    ·        The Fund aims toprovide equity partnershipsfor small infrastructure development in sectors like water& sanitation, clean energy and urban infrastructure. It will seek to demonstrate sustainable and inclusive development through small infrastructure projects within target sectors.

    4). 2015 Valletta Summit on Migration concluded:
    ·        The2015 Valletta Summit on Migration which was held at Valletta, Malta was concluded on 12th November 2015.
    ·        65 heads of governments/high level policy makers from Europe and Africa, besides officials from the UN and various organizations of the European Union has attended the Summit.
    Highlights of the Summit:
    ·        European Union Emergency Trust Fund, worth of 1.8 billion euros was established to addressroot causes of irregular migration and displaced persons in Africa. TheEuropean Investment Bank will provide financing tosupport the reestablishment of the conditions and development of human capital in Africa.
    ·        16 initiatives will be launched before the end of2016 to implement the Action Plan. The existing mechanisms of theRabat Process, theKhartoum Process and of the Joint EU-Africa Strategy will be used to monitor implementation.

    5). G 20 Leaders Summit begins in Antalya, Turkey:
    ·        Prime MinisterNarendra Modi arrived in Antalya from the UK on the second leg of his visit to attend the G20 Summit.
    ·        Besides India and Turkey, the G20 grouping comprises Argentina, Australia, Britain, Brazil, Canada, China, France, Germany, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, the US and the European Union.
    Highlights of G20 Summit:
    ·        Leaders of theworld’s 20 largest economies are set to meet in Antalya for the Group of 20 (G20) Leaders Summit.
    ·        Thetwo-day summit will befocusing largely on global economic challenges, like boosting global and sustainable growth, development and climate change, investment, trade and energy. Turkey will be represented on the platform at the presidential level for the first time.
    ·        Under thechairmanship of President Recep Tayyip Erdoğan, the leaders will also discussglobal terrorism and thewidening refugee crisis that now stretches from Afghanistan, Somalia and Libya to Syria and Europe.
    ·        According to some officials, this shall be the second time a topic other than global economic policies will appear in the G20’s agenda since its establishment in 1999.

    6). Swachh Bharat Cess: Eating out, Travelling and Making Phone Calls to get Costlier:
    ·        Eating out, telephony and travel will become expensive from 15th November 2015 with the Government imposing0.5 per cent Swachh Bharat cess on taxable services which is expected to yield aboutRs 3,800 croreto the exchequer in the remaining months of the fiscal. 
    ·        With the imposition of the cess, service tax rate will go up from14 per cent to 14.5 per cent on all taxable services.
    ·        According to Revenue Secretary Hasmukh Adhia, the Government expects to collect aroundRs 10,000 crore from Swachh Bharat cess for full year. So in the remaining months of this fiscal till March 31, 2016, the cess would yield about Rs 3,800 crore.

    7). Prime Minister Narendra Modi has inaugurated the Ambedkar Memorial in London:
    ·        PM Narendra Modi, inaugurated aBR Ambedkar memorial in a building, where the father of the Indian constitution has stayed in1921-22 when he was studying at theLondon School of Economics.
    ·        Maharashtra Government had acquired thethree-storey 2,050 sq ft house at 10 King Henry’s Road, in northwest London, in August for an estimated cost of 3.2 million to 4 million pounds which the state government had borne.
    ·        Modi, who was accompanied by Maharashtra Chief MinisterDevendra Fadnavis, paid floral tributes to Ambedkar’s bust at the house.

    8). First Elephant hospital in Northeast India was established at Kaziranga National Park:
    ·        NortheastIndia’s first exclusive hospital for elephants has been established at theKaziranga National Park in Assam. It is located in theGolaghat and Nagaondistricts of Assam and is circumscribed by theBrahmaputra River.
    ·        The hospital was set up atMark Shand Memorial Learning Centre in Kaziranga National Park. It was inaugurated bySir Evelyn de Rothschild who is founding patron of theUK-based charity Elephant Family.

    9). Naval Ship INS Vishwakarma was commissioned:
    ·        Shipwright School, the Indian Navy’s training establishment for architect officers, shipwright officers, and shipwright sailors, was commissioned asINS Vishwakarma.
    ·        It was commissioned byAdmiral RK Dhowan, Chief of the Naval Staff at a formal ceremony held atVisakhapatnam. INS Vishwakarma was commissioned in keeping with the Navy’s thrust towards indigenisation and‘Make in India’initiative.

    10). Tata Steel Got nod for Sand mining in West Bengal:
    ·        Tata Steel has receivedgreen clearance for mining of mineral sand, used in coal production, from theriverbed of Gowai in Purulia district, West Bengal with a proposed production capacity of0.2 million tonnes per annum.
    ·        The company said it requires three million tonnes (MT) of sand annually for its coal production of1.91 MT from five coal mines inJharia coalfields. The sand dunes of Gowai river will significantly meet its requirement for stowing and stabilization of the mines. 

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