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Weekly Current Affairs November 2018: 2nd week

Published on November 12, 2018

Banking and Financial Awareness:

  • To take the load off the increasing number of complaints currently being handled by the banking ombudsman, Reserve Bank of India is likely to establish an ombudsman for digital payments by March 2019.
    Weekly Current Affairs November 2018: 2nd week
  • To capture all the details of borrowers, including wilful defaulters and also the pending legal suits in order to check financial delinquencies, The Reserve Bank of India has set up a digital Public Credit Registry (PCR).


  • Gafur Rakhimov, Uzbekistan’s businessman, was elected president of the International Boxing Association (AIBA).

Honour, Awards and Ranks

  • Indian mountaineer, Arunima Sinha, has been awarded an honorary doctorate by a prestigious UK university for her inspirational achievements.
  • French scholar Jawahar Lal Sarin was presented with France's highest civilian honour Chevalier de la Lgion d’Honneur, for his outstanding contribution to enhancing Indo-French cultural cooperation and promoting French language.
  • India has overtaken US to become second largest smartphone market in the July-September 2018 quarter, According to Canalys.

Important Dates

  • National Cancer Awareness Day – 7th November
  • National Ayurveda Day – 5th November
    • theme - “Ayurveda for Public health”.
  • World Tsunami Awareness Day: November 5

MOU’s, Agreement and Summits

  • To enhance agricultural productivity, profitability, and climate resilience of poor and marginalized farmers in Andhra Pradesh, The Central and Andhra Pradesh governments and the World Bank have signed the loan agreement for a $172.20 million project.
  • India and South Korea signed an MoU on cooperation in sports in New Delhi, to establish a framework to facilitate and promote cooperation between the two countries on the basis of reciprocity and mutual benefit.
  • India and Malawi have signed 3 MoUs on 
    • Extradition Treaty, 
    • cooperation in the field of Atomic Energy for peaceful purposes
    • VISA Waiver for Diplomatic and Official Passports.
  • For strengthening cooperation in the field of Tourism, The Ministry of Tourism signed an MoU with the Ministry of Culture, Sports and Tourism, Government for the Republic of Korea in New Delhi.

Important news – world

  • To eliminate hunger globally by 2030, United Nations World Food Programme (WFP) and Chinese e-commerce giant Alibaba Group have formed a strategic partnership.

Important News- India

  • According to a report by the Centre for Monitoring Indian Economy (CMIE), Unemployment rate in India rose to 6.9% in October, the highest in two years.
  • ‘Mo Bus’ services launched by Odisha government in the Bhubaneshwar ahead of the Men’s Hockey World Cup.
  • India has been elected as a member of the International Telecommunications Union-ITU Council for another four-year term.
  • Union Cabinet has approved setting up of a Central Tribal University in in Relli village of Vizianagaram District of Andhra Pradesh.
  • United Nations Postal Administration (UNPA) has issued special stamps with Diyas lamps (special event sheet) to commemorate Indian Hindu festival of Diwali.
  • To encourage use of solar energy in irrigation by farmers, Odisha Government has launched Saura Jalnidhi scheme.
  • To enable seamless booking of unreserved tickets including season tickets, Union Ministry of Railways has launched Unreserved Mobile Ticketing facility (UTS on Mobile).

Defence News

  • 25th edition of SIMBEX, Singapore-India Maritime Bilateral Exercise started off Andaman Sea and Bay of Bengal.
  • India’s first nuclear ballistic missile submarine, INS Arihant, has completed its first “deterrence patrol”.

Sports News

  • Indian wrestler Bajrang Punia achieve the number one rank in the world in the 65kg category.
  • Ekana International Stadium of Lucknow was renamed after former Prime Minister Atal Bihari Vajpayee as ‘Bharat Ratna Atal Bihari Vajpayee International Cricket Stadium’.

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