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Page 1: Free Daily Current Affairs November 3rd 2016 PDF Download

Current Affairs: November 3, 2016

www.talentsprint.com 1

November 3, 2016

PM Narendra Modi launches Saur Sujala Yojana in Chhattisgarh

Prime Minister Narendra Modi launched the Saur Sujala

Yojana that would provide solar powered irrigation pumps

to farmers at a subsidized price. It was launched in

Chhattisgarh as part of the state’s 16th foundation day

celebrations. With this Chhattisgarh becomes the first state

to implement the scheme. Under the scheme, solar powered

irrigation pumps of 3HP and 5HP capacity will be distributed to the farmers. The beneficiaries

would get the pumps at the subsidised price. It is mainly aimed to give priority to those areas

where electricity has not reached, so that farmers can utilize them in irrigation and agriculture.

Around 51,000 farmers would be benefitted in the state with the launch of the scheme by 2018.

RCEP members worry over market access to China

The 15 Asia-Pacific nations including India of the

Regional Comprehensive Economic Partnership (RCEP)

are concern to give greater market access to Chinese

goods without gaining in return. All these countries in

the RCEP grouping are also worried about agreeing to

eliminate tariffs altogether, a move that will mainly help China. These 15 Asia-Pacific nations

including India fear that China may dump its excess capacity in several items including steel, as

well as highly subsidised items which may harm local industry of importing countries and

distort trade.

Page 2: Free Daily Current Affairs November 3rd 2016 PDF Download

Current Affairs: November 3, 2016

www.talentsprint.com 2

Russia invites India to join fast-neutron reactor project

Russia has invited India to join in developing next-

generation nuclear reactors and to participate in its

fast-reactor research project. The multipurpose fast

research reactor project known by Russian acronym

MBIR is coming up as the International Research

Centre (IRC) in Dimitrovgrad located in the Ulyanovsk region. Creation of a new technological

platform for nuclear energy, which will be based on the closed fuel cycle with fast neutron

reactors It will be used to conduct a large number of reactor studies of Generation 4 nuclear

systems, including the fast neutron reactor with closed fuel cycle, as well as small and medium

power thermal neutron reactors.

Benami Transactions (Prohibition) Amendment Act, 2016 comes into force

The Benami Transactions (Prohibition)

Amendment Act, 2016, designed to curb black

money and passed by parliament in August 2016,

came into effect. The new law amended the Benami

Transactions Act, 1988 and renamed as the

Prohibition of Benami Property Transactions

(PBPT) Act, 1988. The amendment act also to strengthen the parent Act in terms of legal and

administrative procedure. The benami (without a name) transaction refers to property

purchased by a person in the name of some other person. The person on whose name the

property has been purchased is called the benamdar and the property so purchased is called the

benami property. The person who finances the deal is the real owner.

Page 3: Free Daily Current Affairs November 3rd 2016 PDF Download

Current Affairs: November 3, 2016

www.talentsprint.com 3

International Forum on adopting ICT Perspective to Education and Learning

begins in New Delhi

The International Forum on adopting ICT Perspective to Education and Learning has

begun in New Delhi. It will be held from 31th October to 4th

November 2016. It has been organised by the International

Bureau of Education (IBE), UNESCO in partnership with

Google and the Union Ministry of Human Resource

Development. The forum targets mainly countries which are

implementing the UNESCO developed General Education Quality Analysis Framework

(GEQAF). Participating countries include Egypt, Azerbaijan, Botswana, Gabon, India,

Lithuania, Oman, Seychelles, South Africa, Saudi Arabia, Brazil, Mauritius, US and

Swaziland.

SEBI tightens norms for credit rating agencies

Markets regulator Sebi came out with stricter disclosure

requirements for credit rating agencies to ensure more

transparency in their policies amid instances of drastic

downgrades impacting investors. With the tightened norms,

the credit rating agencies will have to share more details about

the criteria followed in rating instruments, provide information in a user-friendly manner on

their websites and also specifically mention in case a particular issuer did not cooperate at the

time of rating. Issuing a detailed circular, the Securities and Exchange Board of India (Sebi) said

credit rating agencies (CRAs) have to implement the guidelines in 60 days.

Page 4: Free Daily Current Affairs November 3rd 2016 PDF Download

Current Affairs: November 3, 2016

www.talentsprint.com 4

China unveils J-20 stealth jet fighters

China has showcased its new J-20 stealth fighter in

southern Guangdong Province’s city of Zhuhai in a

spectacular fly over at Air Show China, the country’s

biggest meeting of aircraft makers and buyers. Two J-20s,

China’s fifth-generation jets, swept over hundreds of

spectators at the show’s opening ceremony. The J-20 is a long-range radar-evading fighter jet

equipped with air-to-air missiles. China has reportedly already produced six prototypes of the

new stealth fighter, which is expected to add greatly to China’s offensive and defensive

capabilities.

3 Malayalam films in IFFI Panorama

Three feature films from Malayalam have been

selected for the Indian Panorama at the 47th

International Film Festival of India (IFFI) to be

held in Goa. Roopantharam directed by M.B.

Padmakumar, Kaadu Pookkunna Neram

directed by Dr Biju, and Veeram by Jayaraj are

the Malayalam films in the list. Veeram , an adaptation of William Shakespeare’s Macbeth , has

Kunal Kapoor in the lead. Kaadu Pookkunna Neram stars Indrajith Sukumaran as a policeman,

who is sent into deep jungles to capture the chief of a radical organisation, played by Rima

Kallingal, but instead finds himself trapped in it. Roopantharam is the second work of M.B.

Padmakumar after his award-winning debut film ‘My Life Partner’.

Page 5: Free Daily Current Affairs November 3rd 2016 PDF Download

Current Affairs: November 3, 2016

www.talentsprint.com 5

Fourth Women’s Asian Champions Trophy Hockey

An inspired second half performance saw Indian eves

outgun Korea 2-1 in an exciting encounter at the 4th

Women Asian Champions Trophy hockey. The win

puts India on top of the pool standings. A composed

first quarter saw both sides challenge each other in a

midfield battle. India were the ones who were pushed

to the back foot early on, conceding a penalty corner, but Rajani's smart save ensured both

teams went into the first break locked in a stalemate. Early in the second quarter, Korea's Eeseul

Baek scored in the 28th minute to give her team a 1-0 lead. Though Korea kept up the pressure,

Indian defence ensured they went into halftime down by a single goal.