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Banking Digest, 09 November 2018

National

  • National River Ganga (Rejuvenation, Conservation and Management) Bill, 2018 banned the construction of jetties, ports or “permanent hydraulic structures” in the Ganga, unless permitted by the - National Ganga Rejuvenation Authority.
  • There are no mandatory pension benefits in the final version of the Centre’s model construction workers’ welfare scheme despite earlier suggestions that 20% of the construction cess fund be set aside for retired workers.
  • The government has released Welfare Scheme for the workers of this sector - Construction.
  • This state government has decided to set up development boards for the Matua and Namasudra communities - West Bengal
  • To encourage women voters, Election Commission has set up ‘Sangwari’ polling booths in various constituencies of - Chhattisgarh

International

  • India has been elected as a Member of the Council for another 4-year term (2019-2022). The elections to the Council were held during the ongoing ITU Plenipotentiary Conference 2018 at Dubai, UAE.
  • India ranked third elected to this telecom sectors organization from the Asia-Australasia region for the year 2019-2022 - International Telecommunications Union (ITU).
  • On November 7, 2018, ITU Plenipotentiary Conference 2018 held at - Dubai, UAE.
  • ITU South Asia Region Office and Technology Innovation Center to be set up in this Indian city - New Delhi.

Banking

  • According to RBI, the minimum average maturity required for the external commercial borrowings (ECBs) in the infrastructure space raised by eligible borrowers has been reduced to three years from earlier - five years

Sports

  • In the 'Asian Shotgun Warship 2018' in Kuwait City, this player has won gold in skeet event - Angad Vir Singh Bajwa (India) (60 out of 60).
  • The first Indian to win a gold medal in the shotgun skeet event globally - Angad Vir Singh Bajwa.

Person In News

  • This person has been appointed as the ‘Honorary Consul’ of the Czech Republic in Bengaluru - C S Prakash.
  • India's current Chief Election Commissioner - Om Prakash Rawat.

General Knowledge

  • Election Commission of India (ECI) established in the year – 1950.
  • International Telecommunication Union (ITU) established in the year – 1865.
  • Headquarter of the International Telecommunication Union (ITU) - Geneva (Switzerland).
  • India is a regular member of the International Telecommunication Union (ITU) Council since - 1952.
  • United Nations Postal Administration (UNPA) established in the year - 1951.

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