Weekly Current Affairs November 2017: PDF

Banking and Financial Awareness

23rd GST Council meeting was held in Guwahati, Assam in which the council decided to slash tax rate on a wide range of mass use items

The Reserve Bank of India (RBI) has simplified the Foreign Exchange Management Regulations, to encourage investments.
Bank of China has formally started its operations in Pakistan. The first branch was opened at Karachi.
The government has doubled the import duty on wheat to 20 percent.
The government of India has formed a panel of experts, led by M Vinod Kumar to review the laws governing goods and services tax.
HDFC bank has announced to make online transactions through RTGS and NEFT free of cost from November 1, 2017.
After 7th Pay Commission, the Home Loan limit for central government employees has been raised from Rs.7.5 Lakh to Rs.25 Lakh.
RBI released new outsourcing norms for NBFCs that they cannot outsource Core management functions.
Federal Bank got a grant from RBI to open branches in Kuwait and Singapore.
IDFC Bank has partnered with mobile wallet Mobikwik for launching a prepaid card.
Digital Payment company PayPal launched domestic operations in India.
ICICI launched India’s first Voice based International Remittance Service by partnering with Tech Giant Apple.

Securities and Exchange Board of India (SEBI) has appointed Sanjeev Kaushik a whole-time member of the board.
Hasmukh Adhia, Revenue Secretary has been named as the new Finance Secretary.

Thumri Queen late Girija Devi will be honoured with the prestigious Sumitra Charat Ram Award for Lifetime Achievement, posthumously.
CMC Skills’ Founder Ms. Maya Swaminathan Sinha was conferred with the 'Entrepreneur of the Year Award 2017' by ASSOCHAM.
Veteran actor Mohan Joshi was conferred with the prestigious Vishnudas Bhave award 2017.
UNHCR, United Nations High Commissioner for Refugees is to be conferred with Mother Teresa Memorial Award 2017.
Apollo Munich Health Insurance wins “General Insurance company of the year” 2017.

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