• As per the 10th edition of the Global Wealth Report published by Credit Suisse Research Institute (CSRI), the global wealth has risen by $9 trillion to $360 trillion in 2019.
• India has made a contribution of $625 billion (nearly 7% of total) to the global wealth

• Head of State Bank of India, Rajnish Kumar has been elected as the chairman of the Indian Banks Association for fiscal 2019-20.
• Indian Banks Association is a body comprising members from various banks and represents banks’ interests with the government and regulators.

• Mastercard has launched a campaign named “Team Cashless India” for promoting and giving a boost to digital payments in India.
• Indian Cricketer M.S. Dhoni is the brand ambassador of Mastercard and this campaign.
• Mastercard will work together with Confederation of All India Traders (CAIT), acquirer banks and finance technology companies to support nominated merchants to deploy digital payments acceptance infrastructure.

Panaji, Goa

Rs 400 million per borrower

March 31, 2020

2%

Tier I and II- Rs 1000

Tier III to VI- Rs 2000

India and Netherlands Launches Second Phase of LOTUS-HR for Sewage Water Treatment

• The Ministry of Human Resource Development has launched the National Initiative for School Heads’ and Teachers’ Holistic Advancements (NISHTHA) aimed at training over 42 lakh teachers across the country.
• The initiative was launched by HRD Minister Ramesh Pokhriyal ‘Nishank’. He also launched the website for NISHTHA, training modules, primer booklet and mobile app built for the purpose.
• The initiative aims at  reskilling the teaching workforce and is the world’s biggest project for teacher training

• Prime Minister Narendra Modi will attend the 11th edition of the BRICS summit to be held in Brasilia, Brazil on 13-14 November 2019.
• The theme of the BRICS summit 2019 is “Economic Growth for an Innovative Future.”
• PM Modi will be participating for the sixth time at the BRICS summit. He participated in BRICS summit for the first time at Fortaleza in Brazil in 2014.

• The first-ever Global Bio-India 2019 Summit will be held at New Delhi from 21 to 23 November, 2019.
• It is for the first time that India will host a mega event for the biotech community to attract investments, showcase our indigenous strengths and more importantly fuel the hopes and aspirations of the indigenous talent pool.

• Tamil Nadu has become the first State in the country to enact a law on contract farming, to protect the farming community, particularly marginal farmers, from any untoward challenges as well ensure fair price even in case of excess supply into the markets.
• The Tamil Nadu Agricultural Produce and Livestock Contract Farming and Services (Promotion and Facilitation) Bill, 2019 adopted by the state has received the President’s approval.
• What is Contract Farming? It refers to various formal and informal agreements between producers and processors or buyers and involves basic elements like pre-agreed price, quality, quantity or acreage (minimum/maximum) and time.

• The Assam Cabinet has decided that no government jobs will be given to persons having more than two children with effect from January 1, 2021 as per the small family norm.
• The decision comes two years after the State Assembly in September 2017 passed the ‘Population and Women Empowerment Policy of Assam’ to encourage small families.

Odisha

17.5 million

Biometric Seafarer Identity Document

Meghalaya

• The European Union (EU) has agreed to delay Brexit until January 31, 2020. The earlier deadline was October 31, 2019.
• Brexit is the scheduled withdrawal of the United Kingdom (UK) from the European Union (EU). The decision has been agreed on by ambassadors from the 27 other EU countries.

Vietnam

Iran

• The Swedish Academy has named Polish author Olga Tokarczuk for 2018 Nobel Prize for Literature while Austrian novelist Peter Handke have been awarded 2019 Nobel Prize for Literature.
• Peter Handke has been awarded “for an influential work that with linguistic ingenuity has explored the periphery and the specificity of human experience.”
• Olga Tokarczuk won the award “for a narrative imagination that with encyclopedic passion represents the crossing of boundaries as a form of life.”

Ethiopia

The Indian Coast Guard conducted the Regional level Search and Rescue Workshop and Exercise – 2019 (ReSAREX – 2019) in Goa on November 05 and 06, 2019.

• Former chief election commissioner (CEC), TN Seshan passed away in Chennai of cardiac arrest. He was 86-year old.
• Seshan was a 1955 batch IAS officer of the Tamil Nadu cadre.
• He was the 10th Chief Election Commissioner of India who had led the Election Commission from 1990 to 1996.

• India has been ranked at 5th spot in The Economist Intelligence Unit’s 2019 Global Microscope on Financial Inclusion report. Colombia has topped the ranking.
• Peru is on second, Uruguay is on third and Mexico is on fourth. Total 55 countries have been ranked.

South Africa defeats England to win Rugby World Cup

Novak Djokovic defeated Canadian Denis Shapovalov 6-3, 6-4 at the Rolex Paris Masters at Bercy on November 3, to lift his fifth Paris Masters title.

Viswanathan Anand authors book titled “Mind Master: Winning Lessons from a Champion’s Life”

• Bengaluru based IT major Infosys has been ranked third in the Forbes’ annual list of the World’s Best Regarded Companies 2019, which includes 250 companies.
• In 2018, Infosys stood at 31st position, however it still held the best rank among Indian companies.
• 17 Indian companies have been named in the list of World’s Best Regarded Companies 2019.
• The global payments technology company Visa has topped the list. Italian car-maker Ferrari is at the second position

• Lieutenant Governor of Jammu and Kashmir– Girish Chandra Murmu
• Lieutenant Governor of Ladakh– Radha Krishna Mathur

Federal Bank

Assam

Govt forms Committee of Secretaries to suggest measures to mitigate financial stress in telecom sector; Head- Rajiv Gauba

Odisha

Hockey. Don’t confuse it with Agha Khan ‘Gold’ Cup which is related with football

Pune, Maharashtra