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Important Current Affairs 17th November 2019

Bill Gates just overtook Jeff Bezos to reclaim his spot as world's richest person

• Billionaire philanthropist and Microsoft Corp. co-founder, Bill Gates has surpassed Amazon chief executive officer Jeff Bezos to become the world’s richest person on Earth with a net worth of $110 billion, according to the latest Bloomberg Billionaires Index.

• Gates, 64, had briefly topped Bezos (55), whose net worth stands at $109 billion.

• Europe’s richest person, Bernard Arnault, is third with $102.7 billion.

• Reliance Industries Limited Chairman Mukesh Ambani is the richest Indian in the list positioned at 14th spot with net worth of $56.7 billion.

NHM Summit on public healthcare systems: SAANS campaign against pneumonia launched

•  Union Minister for Health and Family Welfare Harsh Vardhan has launched SAANS Campaign which stands for ‘Social Awareness and Action to Neutralise Pneumonia Successfully’.

• The aim of the campaign is to reduce child mortality due to pneumonia, which contributes to around 15% deaths annually of children under the age of five.

• The campaign was launched in Gandhinagar, Gujarat at the 6th National Summit on Good, Replicable Practices and Innovations.

• The HMIS data for 2018-19 ranked Madhya Pradesh on top in the number of child deaths due to pneumonia, followed by Gujarat on second.

Vodafone Idea posts India’s biggest ever quarterly loss at Rs 50,921 crore

• Telecom firm Vodafone Idea has reported a record loss of Rs 50,921 crore for the July- September quarter 2019. This is the highest ever quarterly loss for any Indian company.

• The loss was reported as the company made a provision for the Supreme Court’s ruling on payment of average gross revenue (AGR) dues. Rs 30,774.5 crore was a one-time loss the company incurred due to the recent Supreme Court verdict.

• Reliance Communications posted a mega loss of Rs 30,142 crore, registering India’s second biggest quarterly loss after Vodafone Idea. The firm was mainly hit due to provisioning for liabilities after the Supreme Court ruling on the AGR issue. Anil Ambani has submitted his resignation as director of Reliance Communications, even as the firm continues to remain under CIRP (Corporate Insolvency Resolution Process). Four other directors, including Smt. Chhaya Virani, Ryna Karani, Manjari Kacker and Suresh Rangachar have also submitted their resignation

• Bharti Airtel posted a loss of Rs 23,044 crore for the quarter ended September 30, due to Rs 28,450 crore provisions towards adjusted gross revenue (AGR) dues.

Amit Shah inaugurated 2019 Aadi Mahotsav at Dilli Haat

•  Union Minister for Home Affairs, Shri Amit Shah has inaugurated the 15 day National Tribal Festival ‘Aadi Mahotsav’ in New Delhi on November 16, 2019.

• The theme of the event is: “A celebration of the spirit of tribal culture, craft, cuisine and commerce”.

• The aim of the event is to provide direct market access to the tribal master-craftsmen and women in large metros and state capitals.

National Agrochemicals Congress

• The 1st National Agrochemicals Congress was held in New Delhi between November 13-16, 2019.

• The theme of the event was: Country’s Status on Various Fronts of Agrochemicals.

Mumbai tops Water Quality Report for State Capitals by BIS

• The Union Minister of Consumer Affairs, Food and Public Distribution Shri Ram Vilas Paswan has released the Water Quality Report for State Capitals & Delhi as analysed by Bureau of India Standards (BIS).

• Mumbai has topped the ranking, Hyderabad and Bhubaneshwar share the joint second spot while Ranchi is on the third. Delhi is ranked at 15th.

India successfully conducts first night trial of surface-to-surface medium-range missile Agni-II

• First night trial of surface-to-surface medium-range nuclear-capable missile Agni-II from Dr Abdul Kalam Island off Odisha coast. This test was carried out by the specially formed Strategic Forces Command (SFC) of the Army with logistic support from the Defence Research and Development Organisation (DRDO).

• The Agni-II is an intermediate-range two-stage ballistic missile (IRBM) which can carry a payload of 1000 kg over a distance of 2000 km.

NCAER predicts India’s GDP growth at 4.9% in FY20

• The National Council of Applied Economic Research (NCAER) has predicted India’s GDP growth rate for 2019-20 (FY20) at 4.9%.

• This comes a day after Moody’s cut its calendar year 2019 GDP forecast for India to 5.6 per cent from 6.2 per cent.

2019 World Day of Remembrance for Road Traffic Victims – November 17, 2019

• Purpose – to remember those killed and injured on the roads, together with their families, friends, and others affected.

• Theme 2019 – Life is not a car part

• The day was started by the British road crash victim charity, Road Peace, in 1993 and was adopted by the United Nations General Assembly in 2005.

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