Current Affairs: Daily GK Update 24th November 2017

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1. Parliament winter session from December 15 to January 5

i. Winter session of Parliament will be held From 15th of next month to 5th January. Parliamentary Affairs minister Ananth Kumar has announced this after the meeting of Cabinet Committee on Parliamentary Affairs, chaired by Home Minister Rajnath Singh.

ii. Mr Kumar stated that parliament session and assembly elections date should not overlap and earlier also many times Parliament session has been scheduled, considering assembly elections in the state.  

2. IFFI Nominates Nine Movies for ICFT UNESCO Gandhi Medal

i. The International Film Festival of India (IFFI) has nominated nine movies for this year’s International Council for Film, Television and Audio-visual Communication (ICFT) UNESCO Gandhi Medal. Out of nine films, five are from India. 

ii. The Indian films competing for the prestigious ICFT UNESCO Gandhi Medal are Kshitij – A Horizon, Manusangada, Poorna, Railway Children and Take-Off. The foreign films in the fray are Amok from Poland, Khibula – a co-production of Germany, France and Georgia, The Last Painting from Taiwan and Women of The Weeping River – a joint production of the US and UK.

3. Govt to Set up Pradhan Mantri Mahila Shakti Kendras in 115

i. The Centre has approved setting up of ‘Pradhan Mantri Mahila Shakti Kendras’ across 115 most backward districts of the country through a new scheme for reaching out to rural women and facilitating skill development, employment, digital literacy, health and nutrition.

ii. The government also approved expanding the Beti Bachao, Beti Padhao scheme from 161 districts to 640 districts in the country, as well as 150 additional ‘one stop centres’ for the survivors of sexual violence along with seven other programmes that are part of the umbrella scheme — the National Mission for Empowerment of Women. The financial outlay for these schemes from 2017 to 2020 will be Rs 3,636.85 crore.

4. HRD ministry launches Digital Signature campaign on Constitution Day

i. Ministry of Human Resources Development has launched a Digital Signature campaign on Constitution Day affirming faith in Indian Constitution and to generate awareness on fundamental duties enshrined in the Constitution. Giving the link in a tweet, Mr Javadekar stated that people, can join the campaign by filling a form online. 

ii. 26th November is celebrated as Constitution Day.

5. RBI Raises Shareholding Limit of ARCs

i. The RBI has allowed Asset Reconstruction Companies (ARCs) to hold more than 26% post conversion of debt into equity in companies undergoing restructuring.

ii. In a notification, the central bank notified the extent of shareholding post conversion will be in accordance with permissible foreign direct investment (FDI) limit for that specific sector.

6. Govt Notifies Minimum Export Price of Onion at $850 per Tonne

i. The government has notified Minimum Export Price of onion at 850 dollars per tonne to ensure its availability in the domestic market. 

ii. Food and Consumer Affairs Minister Ram Vilas Paswan stated this will discourage cheap export from the country and augment its domestic availability. The Ministry had authorized National Agricultural Cooperative Marketing Federation (NAFED) and Small Farmers Agribusiness Consortium (SFAC) to procure 12 thousand tonnes onion.

Static/Current Takeaway Points Important for IBPS PO Mains 2017 Exam-

7. SBI launches YONO, an Integrated app for Financial Services

i. State Bank of India, the country’s largest public sector bank, has launched a unified integrated app called YONO (You Need Only One) that would offer all kinds of financial and lifestyle products. YONO will also allow customers to meet their lifestyle needs across 14 categories including booking and renting cabs, entertainment, dining experience, travel and stay, medical needs and so on.

ii. To provide the customised offers and discounts, SBI has partnered with e-commerce players including Amazon, Uber, Ola, Myntra, Jabong, Shoppers Stop, Cox & Kings, Thomas Cook, Yatra, Airbnb, Swiggy and Byjus. 

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