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1Prithvi-II missiles successfully test-fired

Integrated Test Range near Balasore in Odisha.

  • Two Prithvi-II missiles were successfully test-fired in salvo mode from the launch complex-III of the Integrated Test Range near Balasore in Odisha.
  • A gap of 35 seconds separated the launch of the two surface-to-surface missiles. The Strategic Forces Command (SFC) fired the missiles from a road-mobile launcher.

350km

Capable of reaching targets away from.

2Find another planet, Stephen Hawking says humans will not survive for long on Earth

Humanity will not survive another 1,000 years on Earth

  • Humanity will not survive another 1,000 years on Earth unless the human race finds another planet to live on, one of the world’s best-known physicists Stephen Hawking has warned.
  • He painted a grave picture of the future while delivering a lecture on the universe and the origins of human beings at the Oxford Union debating society.

Famous works

  • Hawking radiation
  • Penrose–Hawking singularity theorems

3Rs. 35,000 cr. to ease rural cash crunch

Providing credit to farmers by December

  • Union Finance Minister Arun Jaitley directed commercial bank chiefs  to focus their attention on rural India’s cash crunch over the next 40 days, with a war chest of Rs. 35,000 crore for providing credit to farmers by December.
  • The Centre also relaxed its demonetisation policy for high-value currency notes further by allowing farmers to buy seeds for the rabi sowing season using the old Rs. 500 notes.

Rabi crop

Farmer can purchase seeds using old currency notes.

4Sack 70-year-old cricket bosses, says Lodha panel

Removal office bearers

Tightening the leash on the powerful and the political among the administrators in the Board of Control for Cricket in India (BCCI) and its member State associations, the R.M. Lodha-led Supreme Court Committee reiterated before the apex court its recommendation to remove office-bearers who are over 70 years old, government ministers and those who have already served at the Board’s helm for nine years.

G.K. Pillai

Union Home Secretary.

5Nearly 32 p.c. ATMs in country recalibrated’

New 500 and 2000 notes now in ATM’s

  • It has been over 10 days since the demonetisation process started. Till date, over 32 per cent of ATMs in the country have been recalibrated to dispense the newly introduced Rs. 500 and Rs. 2,000 notes.
  • They said that the focus is on rural areas and they are ensuring that cash reaches all the ATMs so that no one is put to difficulty.

Rs.50 lakh

Amounting of cash which each ATM’s hold.

6Guided missile destroyer INS Chennai commissioned

Third indigenously missile is ready

  • Defence minister Manohar Parrikar  commissioned ‘INS Chennai’, the third indigenously designed guided missile destroyer in the Kolkata .
  • Built at the Mazagon Dock Shipbuilders Ltd in Mumbai, the ship’s construction also marks the end of the Project 15A to build Kolkata-class guided missile destroyers.

Other ships

  • INS Kolkata
  • INS Kochi

7After daughter’s extravagant wedding, Janardhan Reddy under IT scanner

He has to give explanation of the income

  • Five days after the blockbuster wedding of his daughter that raised national eyebrows, mining baron G Janardhan Reddy has come under the scanner of the IT department.
  • which on Monday cracked the whip asking him to explain the expenditure for it and inspected offices of his firms.

550 Crore

Amount spent in his daughter’s marriage function.

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Banking Awareness 22nd November 2016 | Financial Affairs 22nd November 2016