Daily Current Affairs 7 November 2018

Daily Current Affairs 7 November 2018: Your guide for daily General Knowledge Preparation

Dear Readers,
This post contains important current affairs of 7 November 2018. It includes all Major National, International, Business and Sports related current affairs of 7 November 2018. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through these current affairs we would recommend to you to try 7 November 2018 Current affairs test.

National News

1. Make in Odisha Conclave

The second edition of ‘Make In Odisha Conclave’ to be held from November 11 to November 15.
Japan to be ‘Country Partner’ for Make in Odisha 2018.

2. Hyperloop between Pune and Mumbai

Maharashtra Govt. has approved Hyperloop project between Pune and Mumbai as a public infrastructure project.
This will reduce travel time between the two destinations to 25 minutes.

3. Turga Pumped Storage in West Bengal

India and Japan signed a loan agreement for the construction of Turga Pumped Storage in West Bengal.
The loan agreement is of Rs 18.17 bn.

4. Odisha Aerospace and Defence Manufacturing Policy, 2018

Odisha Aerospace and Defence Manufacturing Policy, 2018 was rolled out by Odisha government.
Odisha:- Chief Minister: Naveen Patnaik || Governor: Prof. Ganeshi Lal.

International News

1. India’s ambassador to Laos

Dinkar Asthana has been appointed as next Ambassador of India to Lao People’s Democratic Republic.
Capital: Vientiane || Currency: Lao kip

2. Britain to allow Commonwealth nations to join the Armed Forces

Britain has allowed foreign nationals from Commonwealth nations to join the Armed Forces.
The Commonwealth of Nations is an intergovernmental organisation of 53 member states that are mostly former territories of the British Empire.

3. MOU between India and Malawi

India and Malawi have signed 3 MOUs.
1. Extradition Treaty
2. Cooperation in the field of Atomic Energy for peaceful purposes.
3. VISA Waiver for Diplomatic and Official Passports.

Business News

1. India’s first overseas financial transaction on block chain.

HSBC has transacted India’s first overseas financial transaction to Reliance Industries in an export deal using block chain.
HSBC Holdings plc is a British multinational banking and financial services holding company. It is the 7ᵗʰ largest bank in the world, and the largest in Europe, with total assets of US$2.374 trillion.

2. IPO timeline to be cut to 3 days

SEBI has decided to cut listing time for an IPO to 3 days from 6.
This will start in a phased manner with the 1st phase starting from January 1, 2019.
Unified Payments Interface was launched as an alternative payment to buy shares in a public issue.

3. Artificial Intelligence bot “ClaRAN”

AI Bot ‘ClaRAN’ to identify galaxies in deep space.
It was developed from an open source version of Microsoft and Facebook’s object detection software and is publicly available on GitHub.

Sports News

1. Women’s World Championship

MC Mary Kom has been appointed as brand ambassador of 10th edition of Women’s World Championship.
2018 AIBA Women’s World Boxing Championships will be held in New Delhi.

2. ICC Women’s World Twenty20

The 2018 ICC Women’s World Twenty20 will be hosted in the West Indies from 9 to 24 November 2018.
Current champion: West Indies cricket team || Next tournament: 2018, West Indies || Tournament format: Round robin and knockout || Number of teams: 10 || Most runs: Charlotte Edwards (768) || Most successful: Australia (3 titles) || Most wickets: Ellyse Perry (27)

3. Ambati Rayudu has retired

Cricketer Ambati Rayudu has announced retirement from 1st-class cricket to focus on 50-over and T20 cricket.
India Cricket Team :- Captain: Virat Kohli || Location: India || Coaches: Ravi Shastri (Head coach), Ramakrishnan Sridhar, Sanjay Bangar, Bharat Arun (Bowling coach).

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