One Word GK News: 24th November 2016

 Which country will chair the Energy Club of the Shanghai Cooperation Organisation (SCO) in 2017?

Answer: Turkey

Explanation: Turkey will chair the Energy Club of the Shanghai Cooperation Organisation (SCO) in 2017. With this, it became the first non full member country to be the chairman of a club in the organisation. The SCO Energy Club brings together some of the world largest energy producers. The members of SCO cover some 36% of the world's electricity, 23% of natural gas and 60.2 % of coal production. 
On November 23 archaeologists discovered a 7000 year old city in which country?

Answer: Egypt

Who has been chosen as US Ambassador to the UN?

Answer: Nikki Haley

Explanation: Donald Trump has named South Carolina Governor Nikki Haley as US Ambassador to the UN. Ms Haley is the first non-white female cabinet-level official appointed within the Trump administration. She is the daughter of Indian immigrants and had been a vocal critic of Mr Trump. She has been characterized as a rising star within the Republican party and is the youngest Governor in the US.
Name the scientist who has been given the US highest civilian honour, the Presidential Medal of Freedom.

Answer: Margaret Hamilton

Explanation: Margaret Hamilton who wrote software for the Apollo space missions has been given the US highest civilian honour, the Presidential Medal of Freedom. She was one of 21 people awarded the medal by President Barack Obama. It is almost 50 years since her initial work on the Apollo 11 moon mission. Mrs Hamilton's pioneering software helped land the lunar module and its crew on the Moon in 1969.
Name the satellite launched by China on November 23.

Answer: Tianlian I-04

Explanation: China has successfully launched its 4th data satellite, Tianlian I-04. The satellite was launched on a Long March-3C carrier rocket from the Xichang Satellite Launch Centre in southwest Sichuan province. The satellite will provide data relay, measurement and control services for Chinas manned spacecraft, space labs and space stations as well as nation’s Earth-orbiting resources satellites.
K Subash who passed away on November 23 was a _____.

Answer: Director

Explanation: K Subash was afilm director and writer. He is known for directing Tamil film "Chathriyan" and penning the story of Shah Rukh Khan's "Chennai Express". He has a number of hits under his belt, but was particularly known for the blockbuster "Chathriyan",. He had worked in a number of Hindi films also, penning the story for superstar Shah Rukh Khan's "Chennai Express" and "Housefull 3".
Name the journalist who has been awarded the International Press Freedom Award for her reporting from the Naxal-infested Bastar area.

Answer: Malini Subramaniam

Explanation: Indian journalist Malini Subramaniam has been conferred with the International Press Freedom Award for her reporting from the Naxal-infested Bastar area. She is one of the four journalists felicitated by the annual award. She was honoured by the Committee to Protect Journalists along with El Salvador's Oscar Martinez and Turkey's Can Dundar.
Who has been appointed as the Chairman of National Highways Authority of India (NHAI)?

Answer: Yudhvir Singh Malik

Explanation: The government has appointed Yudhvir Singh Malik as the Chairman of NHAI. Malik was earlier posted as special secretary in Niti Aayog. The outgoing chairman Raghav Chandra has been moved to the National Commission for Scheduled Tribes as secretary. NHAI is entrusted with the task of implementing National Highways Development Project (NHDP).
Name the fighter jet which has received Initial Operation Clearance (IOC).

Answer: Jaguar DARIN

Explanation: The upgraded Jaguar DARIN III twin-seat aircraft has received Initial Operation Clearance(IOC). It is a significant milestone for the country's military aviation sector. Three DARIN I Standard Jaguars have been upgraded to DARIN III Standard by Hindustan Aeronautics Limited,HAL. The aircraft is now equipped with world class avionics system.
Which state's chief minister launched the ‘Smart Water Distribution Monitoring’ web interface?

Answer: Andhra Pradesh

Explanation: Chief Minister N. Chandrababu Naidu formally launched the ‘Smart Water Distribution Monitoring’ web interface. Through this interface  people can check the status of drinking water in the water tanks nearby. The Supervisory Control and Data Acquisition (SCADA) system helps in reduction of water wastage as well as ensure seamless supply to the households.
The 13th World Robot Olympiad will be held in which country?

Answer: India

Explanation: The 13th World Robot Olympiad will be held in India for the first time. The World Robotic Olympiad is an event for science, technology and education which brings together young people from across the world. This year's theme 'Rap the Scrap' is in line with 'Swachh Bharat Mission'. The event will be organised jointly by NCSM under the aegis of Ministry of Culture from November 25.
Which company has commissioned a 93 MW steam turbine-based captive power plant (CPP) for Reliance Industries Ltd (RIL) in Gujarat?

Answer: BHEL

Explanation: BHEL has commissioned a 93 MW steam turbine-based captive power plant (CPP) for Reliance Industries Ltd (RIL) at Hazira in Gujarat. This is the second unit of the 4x93 MW steam turbine-based CPP. BHEL is also setting up a 3x93 MW steam turbine-based CPP for RIL at Dahej in Gujarat.
With the commissioning,BHEL has so far commissioned two units each at the Hazira and Dahej projects.
The Insolvency and Bankruptcy Board of India has issued how many regulations regarding  insolvency professional agency and insolvency professionals?

Answer: 3

Explanation: The Insolvency and Bankruptcy Board of India has come up with three regulations covering insolvency professional agency and insolvency professionals. The notified norms pertain to Insolvency Professionals, Insolvency Agencies and Model Bye-Laws and Governing Board of Insolvency Professional Agencies. Advocates, chartered accountants company secretaries can serve as insolvency professionals.
How much percent stake will Zee Group have in Reliance Broadcast Network Ltd?

Answer: 49%

Explanation: Reliance Capital has divested its 100% stake in its television broadcasting business and 49% in its radio business to Zee Group for an enterprise value of ₹1,900 cr. The Anil Ambani company said the move is in line with its plan to exit non-core businesses to trim debt. The radio broadcasting business, operated by Reliance Broadcast Network Ltd, holds 45 operational licences and 14 new licences.
Sun Pharma has announced the acquisition of which pharmaceutical company on November 23?

Answer: Biosintez

Explanation: Sun Pharma has announced the acquisition of Biosintez, a Russian company making & marketing pharmaceutical products. Sun Pharma picked up 85.1% of the company for $24 million & also the debt of approximately $36 million as part of the transaction. Biosintez is a Russian pharmaceutical company focusing on the hospital segment. It has annual revenues of approx $52 million for 2015.
Goldman Sachs has forecast a deceleration in India’s GDP growth to ____%  this fiscal due to demonetisation.

Answer: 6.8

Explanation: Goldman Sachs has forecast a deceleration in India’s GDP growth to 6.8% this fiscal due to demonetisation. The liquidity shortage would be a significant constraint on domestic activity, which in turn would affect GDP growth. The currency reform should help to move economic activity into formal channels, accelerate financial inclusion, and increase government revenue.
How much will the National Bank of Agriculture and Rural Development (Nabard) allocate to district cooperative banks?

Answer: Rs. 21000 crore

Explanation: Nabard has allocated  Rs. 21,000 crore to district cooperative banks. It aims to fund the crop loan demands of small and marginal farmers. About 40% of the credit needs of farmers is taken care of by such banks. Banks have also been advised to make cash available to district cooperative banks.
Airtel has launched its first payment bank in which state?

Answer: Rajasthan

Explanation: Bharti Airtel has announced the launch of the first payments bank (Airtel Payments Bank Ltd) as a pilot in Rajasthan. The pilot project will run in 10,000 Airtel retail outlets in Rajasthan. Airtel Payments Bank is the first one to launch the services out of the 11 companies that got licenses last year.
Payments banks can accept a restricted deposit that is currently limited to ₹1 lakh.
State Bank of India(SBI) has cut its bulk deposit rates to _____%.

Answer: 1.9

Explanation: The SBI slashed bulk deposit rates by up to 1.9 percent, taking advantage of the surge in deposits following demonetization. The reduction in deposit rate by the country's largest lender may be precursor to a lending rate cut. SBI has reduced interest rates on bulk deposits ranging between Rs 1-10 crore. Earlier this month, the SBI had cut fixed deposit rates for less than Rs 1 crore.
SEBI has allowed how many investors in angel funds?

Answer: 200

Explanation: SEBI has eased the regulations governing investment in angel funds. Considering the recommendations SEBI decided to increase the upper limit of number of angel investors in a scheme to 200 from 49. It also allows these funds to invest in start-ups up to five years old. Earlier, angel funds could invest in start-ups which were between zero and three years old.