Current Affairs 13th November 2018: Daily GK Update

i. Mr R K Singh, Union Minister of State (IC) for Power and New & Renewable Energy inaugurated the International Symposium to Promote Innovation & Research in Energy Efficiency (INSPIRE 2018) in New Delhi. This is the second edition of INSPIRE and is being organised by Energy Efficiency Services Limited (EESL) and the World Bank.
ii. The three-day symposium will focus on enhancing grid management, e-Mobility, financial instruments and technologies for energy efficiency in India.

Static/Current Takeaways Important For IBPS PO Mains Exam 2018:

• Energy Efficiency Services Limited (EESL) works under the administration of Ministry of Power, Government of India.

i. Indian mountaineer Satyarup Siddhanta became the first Indian to climb Mt Giluwe, the second highest mountain in Papua New Guinea.
ii. Satyarup reached the summit of the mountain which is at an elevation of 4,367 metres. Satya now has scaled 5 of the 7 volcanic summits.

i. Morroco & India signed an agreement to further mutual legal assistance in Civil & Commercial Courts. Union Minister of Law & Justice and Electronics & IT, Sh. Ravi Shankar Prasad and his Moroccan Counterpart Mr Mohammed Auajjar, Minister of Justice were present on the occasion.
ii. The agreement will enhance co-operation in the service of summons, judicial documents, letters of request and the execution of judgments decrees and arbitral awards.

i. The 17th ASEAN Economic Community (AEC) Council Meeting was held in Singapore as part of the 33rd ASEAN Summit and Related Summit Meetings.  The blueprint seeks sustained and long-term growth for the ASEAN region.

ii. The meeting was attended by the ASEAN Economic Ministers and AEC Ministers. They signed the ASEAN Agreement on e-Commerce, Concluded the ASEAN Trade in Services Agreement (ATISA) and Finalised the Fourth Protocol to Amend the ASEAN Comprehensive Investment Agreement (ACIA). 

i. The inaugural edition of Indian Navy -Indonesian Navy Bilateral Exercise ‘Samudra Shakti’ began at Surabaya, Indonesia.

ii. The Indian Naval Ship (INS) Rana of the Eastern Fleet based at Visakhapatnam under the Eastern Naval Command arrived at the port of Surabaya to participate in the exercise.

Static/Current Takeaways Important For IBPS PO Mains Exam 2018:

• Admiral Sunil Lanba is the present chief of Naval staff of Indian Navy.

i. The Union Minister for Commerce & Industry and Civil Aviation, Suresh Prabhu, led the Indian delegation to the 7th RCEP Inter-Sessional Ministerial Meeting in Singapore.

ii. The Minister for Trade and Industry of Singapore Mr. Chan Chun Sing was the Chair of the meeting as Singapore is currently the Chair of ASEAN this year. The Ministerial Meeting was held in preparation for the 2nd RCEP Leaders Summit

Static/Current Takeaways Important For IBPS PO Mains Exam 2018: 

• The Regional Comprehensive Economic Partnership (RCEP) is a mega-regional free trade agreement being negotiated amongst 16 countries, comprising 10 ASEAN countries (Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam) plus six ASEAN FTA partners, namely Australia, China, India, Japan, Korea and New Zealand.

i. Co-founder Binny Bansal has resigned as CEO of Flipkart Group. This was announced by Walmart, the new owner of the e-commerce company.

ii. Kalyan Krishnamurthy will continue to be CEO of Flipkart, which will now include Myntra and Jabong, continuing to operate as separate platforms within the Flipkart business.

Static/Current Takeaways Important For IBPS PO Mains Exam 2018:

• US-based Walmart had completed its $16-billion acquisition of India’s largest e-commerce firm Flipkart. 

Awards

• The Munin Barkotoki Literary Award was named after the renowned writer, critic and journalist Munin Barkotoki.

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