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2012 November 3rd Current Affairs

International Issues 

India, which assumed this month's(November) rotating Presidency of the Security Council, will showcase its low-cost Aakash tablet at the United Nations, highlighting the country's innovation involved in the most competitively priced tablet computer. India's Permanent Representative to the UN Hardeep Singh Puri said, a presentation on the tablet will be held on November 28 at the world body's headquarters to which UN Secretary General Ban Ki-moon will be invited.

A two-day international seminar on “Pre Engineered and Quick Launch Bridges” began on November 3rd, 2012 . It is being organised by the Indian Institute of Bridge Engineers, Delhi State Centre in conjunction with Border Roads Organisation (BRO). 

The Seminar brings together Ministry of Road Transport & Highways, the Railways, National Highways Authority of India (NHAI) and Indian Army (Corps of Engineers) on a common platform to speed up construction of bridges.

A centurion Indian couple have lived in wedded bliss for 87 years, thus becoming the world's longest married couple. Hundred-and-seven-year-old Karam and his 100-year-old wife Katari Chand say that the key to success is looking after each other in every way possible. They have eight children and 28 grandchildren.

National Issues 

Market regulator SEBI has filed a contempt petition against the Sahara Group in the Supreme Court for not complying with its directions relating to refund of about 24,000 crore rupees by its two firms to their investors. 

The petition said the two firms, Sahara India Real Estate Corporation and Sahara Housing Investment Corporation have not followed the apex court's direction to furnish within 10 days the information about the investors.

Prime Minister Manmohan Singh has said that the spending in health sector in 12th Five Year Plan will go up by three times. He said more medical and nursing colleges are needed to overcome a shortage of trained human resources in the sector. The prime minister said that health indicators reflected a country’s overall well-being. He said the government is paying more attention to medical education.

The Delhi Chief Minister Mrs Sheila Dikshit said that the national capital is free from Polio and no case has been reported since 2010.

The government has said it will procure nine million bales of cotton this year to protect the interests of growers. Commerce and Textiles Minister Anand Sharma and Agriculture Minister Sharad Pawar discussed about early commencement of government's cotton procurement operation in the backdrop of prices falling below support price level. 

Cotton will be procured from 288 centres in nine cotton growing states. Three procurement centres have already become operationalised in Andhra Pradesh. Currently, the MSP of medium staple cotton has been fixed at 3,600 rupees per quintal, while long staple cotton at 3,900 rupees per quintal.

Bilateral Issues 

The Finance Minister of India, Shri P. Chidambaram and the Minister of Strategy and Finance of the Republic of Korea, Mr. Jaewan Bahk met in Seoul, South Korea for their 3rd Bilateral Meeting. The two ministers and their delegations discussed a wide range of issues ranging from macro-economic trends and outlook, fiscal cooperation, revision of the Double taxation avoidance convention (DTAC), expanding information sharing between the taxation authorities, cooperation in modernising the customs system of each country, public procurement cooperation and measures to develop co-financing infrastructure projects. 

The first bilateral meeting of Finance Ministers of India and South Korea was held in Seoul in September 2006 and the second meeting in New Delhi in January 2011.

European Commission chief Jose Manuel Barroso has offered Myanmar a development aid of more than 100 million dollar as he met President Thein Sein. The visiting European Commission chief and President Sein met in the new capital, Nay Pyi Taw, and discussed steps to boost trade following decades of sanctions.


Dr. Rakesh Mohan has assumed charge as Executive Director on the Board of the International Monetary Fund (IMF). In addition to India, Dr. Mohan will also be representing three other countries in the constituency, viz. Bangladesh, Sri Lanka and Bhutan on the Board of the IMF. 

Dr. Mohan was earlier Deputy Governor of the Reserve Bank of India and also Secretary in the Department of Economic Affairs, Government of India. He has also been the Chairman of National Transport Development Policy Committee and of the High Level Committee on the Financing of Infrastructure.

Mrs. Panabaka Lakshmi assumed charge as new Minister of State for Petroleum and Natural Gas in New Delhi. Prior to her present assignment, she was Union Minister of State for Textiles. Mrs Lakshmi is a fourth term Member of Parliament from Lok Sabha from Andhra Pradesh. She was first elected to 11th Lok Sabha in 1996. Besides serving on various Parliamentary Committees, Mrs Lakshmi was also Minister of State for Health and Family Welfare earlier.

Veteran BJP leader and former Governor of Gujarat and Rajasthan Kailashpati Mishra passed away at his residence after a prolonged illness.


India defeated the defending champions Sri Lanka in the Men’s Team Championship at the 6th World Carrom World Cup to bag the title in Colombo. Indian slicers led by World No.1 Yogesh Paradeshi, K. Srinivas and Prakash Gaekwad beat Sri Lanka’s Nishantha Fernando, Mohamed Sherifdeen and Chamil Cooray. 

Earlier, Indian Women’s team had defeated Sri Lankan team to bag the women’s team title.

Science & Technology 

The U.S. space shuttle Atlantis is making the final voyage after traveling about 200-million kilometers during 33 trips into space. The last of NASA's three surviving space shuttles to be retired from service, left the Kennedy Space Center's Vehicle Assembly Building in Florida for a short 16-kilometer ride to the Center's Visitor Complex. 

The exhibit permanently housing Atlantis will open to the public in July next year. Atlantis, first launched in 1985, was the last of NASA's space shuttles to blast into orbit, more than a year ago, on a flight that closed out the three-decade long shuttle program.



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