Current Affairs for SSC CGL Exams - 13 NOVEMBER 2019

::NATIONAL::

President's rule has been imposed in Maharashtra. The state legislative assembly has been kept under suspended animation. This follows Governor Bhagat Singh Koshyari's report to the Centre which stated that the formation of a stable government is impossible in the current situation despite all his efforts.
The development came as the political impasse lingered on for 19 days after the assembly election results were declared. Congress and the NCP said that they have not yet taken any decision on Shiv Sena's proposal of forming a government and will hold further discussions. The Union Cabinet chaired by Prime Minister NarendraModi considered the Governor's report to the President.
The governor noted that he made attempts to explore the possibility of formation of government by having appropriate communications with all political parties which could have formed the government in alliance with other political parties, but they have not succeeded.
In the assembly polls held last month, the BJP won 105 seats, followed by the Shiv Sena, 56, the NCP-54 and the Congress, 44 in the 288-member House.

Father of the Nation, Mahatma Gandhi had visited All India Radio on 12 November 19947 to address to displaced people, who had temporarily settled at Kurukshetra in Haryana after partition.
That was Bapu's first and the only visit to All India Radio. Public Service Broadcasting Day is celebrated every year on this to commemorate this visit of Bapu.
A special function was organized in the premises of the broadcast house of All India Radio last evening. A cultural show was marked by the favourite bhajans of Bapu, 'Vaishnav Jan'.
Information and Broadcasting Secretary AmitKhare lauded the role of Akashvani as the nation public service broadcaster. He announced two Akashvani Public Broadcasting Awards for radio programmes by AIR Jammu and Shimla.

Two of India’s leading banks see growth slowing to 5% in the current financial year, following a sharper-than-expected contraction in industrial production in September and little evidence of a meaningful recovery. GDP grew 6.8% in FY19.
Growth in the July-September period may have dropped to 4.2% from 5% in the first quarter, according to estimates compiled by ET, increasing pressure on the government to take more steps to revive sentiment and demand. Official GDP data for the second quarter will be released on November 29 and the first full-year estimate will be available in January.
The central bank has already cut policy rates by135 basis points in the current year. In its last policy review the RBI had cut its growth forecast for the year to 6.1% from 6.8% estimated earlier. The central bank had forecast a 5.3% rise in GDP in the July-September quarter.
However, the SBI report said “a larger rate cut” is unlikely to lead to an immediate revival and could result in potential financial instability.
Debt-financed consumption against increasing household leverage has not worked overseas and India can’t be an exception it warned, calling for fiscal measures from the government.

In the last 5-6 yearsIndia has become the most favoured destination for energy investments. Indiareceived 286 US dollars billion FDI in the last 5 years. This is almost half ofthe total FDI in India in the last 20 years.
Addressing the investors in AbuDhabi today at the roadshow organized by the Directorate General ofHydrocarbons (DGH) to promote India as a favourable investment destination inthe oil and gas sector, Union Minister DharmendraPradhan said, India is amongthe top 10 FDI destinations in the world.
He also said thatIndia presently being the 3rd largest energy consumer in the world is poised todrive the global energy demand in the coming decades.
The Minister said the oiland gas industry will continue to play a crucial role in meeting India’s energyrequirement despite system-wide energy transition measures.
He also added thatoil demand is projected to rise at the fastest pace in the world and isexpected to reach 10 million barrels per day by 2030.

President of Bangladesh Md. Abdul Hamid is on a four day visit to Nepal. On first day of his visit, Nepal's Minister for Foreign Affairs Pradeep Kumar Gyawali paid a courtesy call on Bangladeshi President in Kathmandu last evening.
During the meeting, matters pertaining to cooperation in the areas of trade, investment, energy, connectivity, waterways, aviation, education, transportation and agriculture were discussed. Both the leaders also shared views on enhancing cooperation on matters of regional and global interests, including climate change.
President of Bangladesh also visited famous Bhaktapur Durbar Square and observed with interest the archaeological and historical sites. President Hamid is scheduled to meet his Nepalese counterpart Bidya Devi Bhandari. President of Nepal will also host a Banquet in his honour.

France, Germany, Britain and the European Union have said they are "extremely concerned" by Iran's decision to restart nuclear activities at one of its key sites.
In a joint statement on Monday, they expressed concern that Iran is restarting uranium enrichment activities at the Fordow facility. It was confirmed by the International Atomic Energy Agency (IAEA) in its report.
They said that Iran's action was "inconsistent" with the 2015 Joint Comprehensive Plan of Action, or JCPoA, under which Tehran had agreed to curb some of its nuclear activities- notably uranium enrichment- in return for a lifting of economic sanctions.

KentoMomota won his 10th title as Japan's world number one defeated Taiwan's world number two Tien-chen to retain his Fuzhou China Open Badminton crown on Sunday. Momota battled past Chou 21-15, 17-21, 21-18 at Fuzhou.
Home hope Chen Yufei similarly successfully defended the women's title with a victory over Japan's NozomiOkuhara.