Free Current Affairs 12 Nov 2015 ( Daily News India)

1. PM NARENDRA MODI ON A THREE DAY VISIT TO UK

i. PM Narendra Modi is a three-day visit to UK to boost investment opportunities and hold talks on various bilateral issues mainly relating  to security concern.

ii. It is PM Narendra modi’s first visit to Britain as Prime Minister.

PM of United Kingdom: David Cameron

2. INDIA CAN BE A CHINA-LIKE GLOBAL GROWTH POWERHOUSE OF THE 2020: THE ECONOMIST

i. The international Magazine ‘THE ECONOMIST’ has stated India can be a China-like global growth powerhouse of the 2020s, provided it addresses several challenges.

ii.The magazine has stated India is the only country that has the potential to change the world in the 2020s, in the way that China changed it in the 2000s.

3.’BIS’ ELECTS ‘RAGHURAM RAJAN AS ITS VICE-CHAIRMAN’
i. Raghuram Rajan, Governor of Reserve Bank of India, has been elected as vice-chairman of the Bank of International Settlement.

ii.He will have a three-year term as vice-chairman of the BIS.

iii.Raghuram Rajan is the first Indian central bank Governor to become the vice-chairman of BIS.

 iv.The Bank for International Settlements is the world’s oldest international financial organizationestablished in May 1930.

4. INDIA’S GSAT-15 COMMUNICATION SATELLITE LAUNCHED SUCCESSFULLY

I.GSAT-15 is India’s latest communications satellite which was recently successfully launched

ii.GSAT-15 was launched from Kourou in French Guiana in South America.

iii.GSAT 15 will replace two older spacecraft-INSAT 3A and 4B- that will likely expire in the coming months.

iv.GSAT-15 will deliver telecommunications services that will provide more bandwidth for Direct-to-Home television services.