Current Affairs Update – 25th November, 2015

Hello and welcome to ExamPundit. Here are the Important Current Affairs of 25th November, 2015. These are Important for the upcoming Banking and Insurance Exams.

Industry –

Ministry of Railways signed AOT Agreements with SAIL-RITES Bengal Wagon Industry Pvt Ltd

  • The Ministry of Railways on 24 November 2015 signed the Assured Off Take Agreements (AOT) with SAIL-RITES Bengal Wagon Industry Pvt Ltd (SRBWIPL) for manufacturing and rehabilitation of wagons at Kulti, West Bengal.

Highlights of the agreement
  • With the signing of the agreement, two major PSUs namely RITES of Ministry of Railways and SAIL of Union Ministry of Steel will form a joint venture SRBWIPL.
  • The joint venture is a 2500 Crore rupees Make in India Initiative.
  • This is a long term Agreement for manufacturing of 1200 wagons per annum and rehabilitation of 300 wagons per annum for a period of 10 years.

Ministry of Railways, TERI University signed MoU to set up Railway Chair on Sustainable Mobility

  • The Ministry of Railways and TERI University on 23 November 2015 signed Memorandum of Understanding (MoU) to set up Railway Chair on Sustainable Mobility at the premises of TERI University.
  • The MoU was signed by Rajiv Seth, Vice Chancellor, TERI University and Manoj Pandey, ED of Training and Man Power, Ministry of Railways. The Chair would focus and promote research on issues of sustainable mobility, use of energy efficient technology and green energy initiatives.

Highlights of the Railway Chair on Sustainable Mobility
  • It will be called Indian Railways Chair for Sustainable Mobility.
  • It will focus on research in various aspects of railways that emerged as a crucial mode of transport to achieve sustainable development in the country.

India –

PM Modi concluded his two-nation tour to Malaysia & Singapore

  • Prime Minister Narenda Modi returned to India on 24 November 2015 concluding his two-nation tour to Malaysia and Singapore.
  • During the 4 day visit that took place from 21 November to 24 November 2015, Modi participated in ASEAN Business and Investment Summit and met with the heads/leaders of ASEAN states.
  • During the stay, he stayed in Malaysia from 21 November to 23 November 2015 and in Singapore from 23 November to 24 November 2015.

Major Highlights of the visit to Malaysia
  • Modi attended ASEAN Business and Investment Summit on 21 November 2015.  
  • Modi attended 13th ASEAN-India Summit in Kuala Lumpur on 21 November 2015.   
  • Modi attended 10th East Asia Summit in Kuala Lumpur on 22 November 2015.  
  • Modi addressed the Indian Community Event in Malaysia.
  • Modi and Razak jointly inaugurated Torana Gate in Kuala Lampur. The gate was built by India at a cost of one million yen at Little India at Brickfields where Indian diaspora lives in large numbers.
  • He visited the renowned Batu Caves temple.
  • Indian cultural centre in Kuala Lumpur would be named after veteran freedom fighter and commander of the Indian National Army Netaji Subhas Chandra Bose.
  • He also met members of the Malaysian National Congress (MIC), the largest political party of people of Indian origin in Malaysia.

Major Highlights of the visit to Singapore
  • Joint Statement on a Strategic Partnership between India and Singapore, titled “Renewed Spirit, New Energy – नया उत्साह, नया जोश” was released.
  • Modi inspected Guard of Honour with Prime Minister Lee Hsien Loong of Singapore during Ceremonial Welcome Ceremony
  • Modi attended India-Singapore Economic Convention in Singapore on 24 November 2015.
  • Ten agreements/MoUs were inked between the two nations.
  • In Singapore, Modi promised more reforms to make India an attractive destination for foreign investments.
  • Prime Minister Narendra Modi and Lee Hsein Loong also released commemorative stamps depicting Rashtrapati Bhawan and Istana-Official residence of Singapore President-as a mark of 50 years of bilateral relation.

Union Government announced 10 New/Revised Schemes for Disabled Persons under the National Trust

  • Union Minister for Social Justice and Empowerment Thaawar Chand Gehlot on 24 November 2015 announced the launching of 10 new/revised schemes for the disabled persons in New Delhi.
  • These schemes were launched under the National Trust for the welfare of persons with Autism, Cerebral Palsy, Mental Retardation and Multiple Disabilities.

List of Schemes
  1.    DISHA: Early Intervention and School Readiness Scheme
  2.    VIKAAS: Day Care Scheme
  3.    SAMARTH: Respite Care Scheme
  4.    GHARAUNDA: Group Home for Adults Scheme
  5.    NIRAMAYA: Health Insurance Scheme
  6.    SAHYOGI: Caregiver training scheme
  7.    GYAN PRABHA: Educational support Scheme
  8.    PRERNA: Marketing Assistance Scheme
  9.    SAMBHAV: Aids and Assisted Devices Scheme
  10.    BADHTE KADAM: Awareness and Community Interaction Scheme

Besides, he also announced to increase the number of categories of disability from 7 to 19, so that more number of disabled could be brought into the ambit of Government’s new initiatives.

World –

UN Launches Campaign for Action on Violence Against Women

  • India's iconic India Gate and the Delhi Metro will join hundreds of monuments across the world that will be illuminated as part of a UN effort to galvanise support for global action to end violence against women and girls.
  • India Gate will be illuminated in orange and messages of ending violence against women will be displayed on panel boards in two high-traffic lines of the Delhi Metro as part of the UN's 'Orange the World' campaign that includes parades, soccer matches, school debates and the lighting up of hundreds of iconic monuments. Violence against women and girls affects one in three worldwide.
  • The call to action is part of the UN Secretary-General's' Unite to end violence against women' campaign, led by UN Women, the UN's agency for gender equality.
  • The colour orange, which has come to symbolise a bright and optimistic future free from violence against women and girls, will help unify the large-scale social mobilisation.
  • It will be carried out during the civil society-driven '16 Days of Activism against Gender-Based Violence', which will run from today commemorated as the International Day for the Elimination of Violence against Women until Human Rights Day on December 10.
  • This year's 'Orange the World' initiative will focus on the theme of preventing violence against women and girls, in the specific context of the adoption of the 2030 Sustainable Development Agenda, which includes targets on ending violence against women and girls.

27th ASEAN Summit held at Kuala Lumpur

  • The 27th Association of Southeast Asian Nations (ASEAN) Summit was held on 21 November 2015 at Kuala Lumpur, Malaysia. The theme for the 2015 summit was Our People, Our Community, Our Vision.
  • Malaysian Prime Minister Najib Tun Razak was the Chairperson of the summit that was held from 18 November 2015 to 22 November 2015.
  • The Summit was attended by the leaders of the 10-member Association of Southeast Asian Nations (ASEAN) that are Indonesia, Malaysia, Philippines, Singapore, Thailand, Brunei Darussalam, Viet Nam, Lao PDR, Myanmar and Cambodia.

Japan conducted its first dedicated commercial satellite launch

  • Japan on 23 November 2015 conducted its first dedicated commercial satellite launch by launching Canadian communications spacecraft, Telstar 12V, into the orbit.
  • The satellite was launched aboard an H-IIA rocket that blasted off from Pad 1 of the Yoshinobu Launch Complex at Japan’s Tanegashima Space Centre.
  • The launch was conducted by Mitsubishi Heavy Industries in collaboration with the Japan Aerospace Exploration Agency.
  • This was first mission of Japan that carried a commercial satellite as its primary payload and only the second to carry a large commercial satellite.

10th East Asia Summit held in Kuala Lumpur, Malaysia

  • The 10th East Asia Summit (EAS) was held in Kuala Lumpur, Malaysia on 22 November 2015. The year’s summit held under the theme Our People, Our Community, Our Vision.
  • It was the 10th anniversary of the establishment of the East Asia Summit.
  • The summit was chaired by the Prime Minister of Malaysia Najib Razak and attended by the Heads of State/Government of ASEAN Member States, Australia, China, India, Japan, New Zealand, Korea, Russia and the United States of America.

13th ASEAN-India Summit held in Kuala Lumpur, Malaysia

  • The Thirteenth ASEAN-India Summit was held successfully on 21 November 2015 in Kuala Lumpur, Malaysia. Theme of the summit was Our People, Our Community, Our Vision.
  • The meeting was chaired by the Prime Minister of Malaysia Najib Razak as Malaysia holds the chair for the year 2015.
  • The summit was participated by the Heads of ASEAN Member States and Prime Minister of India Narendra Modi. The Secretary General of ASEAN was also a participant of the summit.

Sports –

Anju Bobby George appointed Chairperson of Target Olympic Podium Scheme

  • Anju Bobby George, the former long jump world champion, was on 24 November 2015 appointed as the chairperson of the Target Olympic Podium Scheme (TOPS). She will be assuming the charge in the first week of December 2015.
  • Her appointment was approved by the Union Ministry of Sports and Youth Affairs. The post of the chairperson was lying vacant after the resignation of Anurag Thakur, the BJP parliamentarian and Secretary, Board for Control of Cricket in India (BCCI).
  • She is presently a member of the TOPS' identification committee, which also includes national badminton coach Pullela Gopichand and former Indian cricket captain Rahul Dravid.

Obituaries –

Distinguished football administrator TR Govindarajan died

  • TR Govindarajan, one of the long-standing and distinguished football administrators of Tamil Nadu, died on 24 November 2015 after a brief illness. He was 90.
  • Govindarajan served Tamil Nadu Football Association in many capacities as Secretary for 24 years, then as Vice-President, Assistant Secretary and Treasurer. He retired as Office Superintendent in Southern Railway.

Renowned labour economist TS Papola passed away

  • Veteran Labour Economist Dr TS Papola passed away on 23 November 2015 in New Delhi following brief illness. He was 74.
  • Papola was specialised in labour and employment, industrial economics, development planning, regional development and enterprise development. He had served as an advisor with the erstwhile Planning Commission of Union Government for eight years from 1987 to 1995.
  • He served as Chairman and Member of several State and National level bodies including the Prime Minister’s Advisory Council on Micro, Small and Medium Enterprises (MSMEs).


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