Current Affairs 12th November 2016

Current Affairs 12th November 2016 - Important Points

• In Chennai City Union Bank launches India’s first banking robot – Lakshmi
• High Level Meeting of Interior Ministers of IOR adopts Colombo declaration to - Counter Drug Trafficking
• Who wins 2016 Golden Peacock Award for corporate governance – SAIL
• Who survives opposition’s no-confidence motion - Jacob Zuma

Current Affairs 12th November 2016 - Details

In Chennai City Union Bank launches India’s first banking robot – Lakshmi

Among Important National Current Affairs, in Chennai India’s first banking robot named Lakshmi was launched by the Kumbakonam-based City Union Bank (CUB).

However, Lakshmi will be first on-site huamanoid (robot) in India. Currently, CUB has readied only one version of huamanoid banker and but is planning to deploy 25-30 robots at key branches by end of year if Lakshmi proves a hit with customers.

High Level Meeting of Interior Ministers of IOR adopts Colombo declaration to - Counter Drug Trafficking

Among Important International Current Affairs, The High Level Meeting of Interior Ministers of Indian Ocean Region (IOR) to Counter Drug Trafficking was held in Colombo, Sri Lanka.

However, it had also adopted Colombo declaration. 

Here, the delegates from 18 littoral states of the IOR have resolved to work towards making the region a “Drug Free Zone”. Indian delegation was led by the Union Minister of State (MoS) for Home Affairs Hansraj Ahir.

Who wins 2016 Golden Peacock Award for corporate governance – SAIL

Among Important National Current Affairs, SAIL which means The Steel Authority of India Limited has won the prestigious 2016 Golden Peacock Award for Corporate Governance. 

However, this award was received by Ashwini Kumar, CEO of Rourkela Steel Plant (RSP) on behalf of SAIL during the 16th London Global Convention on Corporate Governance and Sustainability in London, UK. 

Here, SAIL was bestowed with this award on account of its exemplary performance in the field of corporate governance i.e. for balancing the interests of all the stakeholders of the company management, customers, shareholders, suppliers, financiers, government and the community.

Who survives opposition’s no-confidence motion - Jacob Zuma

Among Important International Current Affairs, Jacob Zuma, who is the President of South Africa survived yet another no confidence vote in the parliament. 

However, the country’s ruling party, African National Congress (ANC) voted against opposition’s motion demanding for Zuma’s removal.

Do You Know – 

• Zuma’s career in politics has been rigged with controversies and allegations. 

• Also Corruption charges followed him into his presidency and have continued to haunt him hence. 

•       An anti-corruption probe last week raised fresh allegations of misconduct against him.