1.Reserve Bank of India asked Banks not to Provide Loans for Purchase of Gold
The Reserve Bank of India, in its notification released directed banks not to provide loans to its customers for purchase of all types of gold, which includes primary gold, jewellery, bullion, gold coins, units of Gold Exchange Traded Funds (ETF) and units of gold mutual funds. The order was directed for discouraging people from getting involved in speculative activities.
NOTE:- The notification from the Reserve Bank of India also directed the banks not to grant advances against gold bullion to traders or dealers, as such advances would be utilised with the purpose of offering finance for gold purchase at auctions and speculative holding of stocks and bullion. This notification allowed the banks to provide finances to the jewelers for their general working capital requirements.
2. Malala Yousafzai awarded with Bravery Award by World Peace and Prosperity Foundation
Malala Yousafzai, on 19 November 2012 awarded by World Peace and Prosperity Foundation for her bravery and commitment to education for girls in adverse conditions in Swat, Pakistan.
NOTE:- She was shot in the head by Taliban, and had become the face of Pakistan’s struggle against the Taliban. She is now being treated and on the road to recovery at a Queen Elizabeth Hospital, England.
3.Scott Flemming Became the New Indian Basketball Team Coach
Scott Flemming was appointed as the head coach of the men’s National Basketball Team in the third week of November 2012 by the Basketball Federation of India (BFI).
NOTE:- Flemming has served as the assistant coach in NBA Development League of Texas Legends, often working as the head coach for present as well as future NBA players. He was also designated as coach and athletic director at Mount Vernon Nazarene University in Ohio. Flemming has a total record of 397−226 with the Cougars.
4. Davis Cup 2012: Czech Republic defeated Spain in the Finals
The Czech Republic on 18 November 2012 won the 100th Davis Cup 2012 finals, after defeating Spain by 3-2 in the finals. Radek Stepanek of Czech Republic outclassed Nicolas Almagro of Spain with 6-4, 7-6 (0), 3-6, 6-3 in the 3 hours and 52 minutes game, on the hard court of Prague’s O2 Arena, during the final fifth rubber of the Davis Cup.
5. M. Mahalakshmi and R. Vaishali won Gold at the World Youth Chess Championship
M. Mahalakshmi and R. Vaishali from Chennai on 19 November 2012 won Gold at the World Youth Chess Championship in Slovenia. Arvindh Chithambaram (Under-14 Open) from Madurai and Girish A. Koushik (Under-16 Open) from Mysore won Silver Medals in the championship. G.K. Monnisha (under-14) and Savant Riya (Under-12) secured Bronze at the Championship for India.
6. Bangladesh Opted out of D-8 Summit Scheduled to be Held in Pakistan
Bangladesh opted out of the key summit known as D-8 Summit in Pakistan which is scheduled to be held later in November, 2012. Bangladesh opted out because Pakistan refused to apologise for the deeds committed during 1971 war which eventually led to Bangladesh’s independence.
7. Maldivian Airlines Signed Pact with Apollo Hospital
Maldivian Airlines in the month of November had signed a pact with the Chennai-headquartered Apollo Hospitals to give discounts to each others’ clients.
The deal that came with signing of pact is that from now onwards, the Apollo Hospitals is going to give a discount on its service charges for those who fly the airline, and the airline in turn will give similar discounts to the hospital’s patients on the airfare.
8. CEOs from the World Came Together to Combat Deadly Cancer
More than 100 iconic CEOs from all over the world joined hands in order to make accessible cheap cancer care, especially in China and India under the alliance known as CEO Cancer Gold Standard Programme. These CEOs are from renowned companies such as GlaxoSmithKline, Sanofi, Johnson and Johnson, AstraZeneca, Eli Lilly and Novartis.
9. CORP-NE-Sahara Moved to SAT to Seek More Time for Document Submission
Sahara Group on 19 November 2012 moved to Securities Appellate Tribunal (SAT) against SEBI asking for some more time for submission of the documents in context with around 3 crore investors in a case which involves two companies- Sahara Housing Investment Corporation (SHICL) and Sahara India Real Estate Corporation (SIRECL).
10. WADA Proposed Four-Year Ban for Felony Athletes under New WADA Code
World Anti-Doping Agency (WADA) proposed that athletes found guilty of the serious doping felonies will be suspended for 4 years from 2015. However no specific rules were made for banning the wrong-doers from Olympics.
The Reserve Bank of India, in its notification released directed banks not to provide loans to its customers for purchase of all types of gold, which includes primary gold, jewellery, bullion, gold coins, units of Gold Exchange Traded Funds (ETF) and units of gold mutual funds. The order was directed for discouraging people from getting involved in speculative activities.
NOTE:- The notification from the Reserve Bank of India also directed the banks not to grant advances against gold bullion to traders or dealers, as such advances would be utilised with the purpose of offering finance for gold purchase at auctions and speculative holding of stocks and bullion. This notification allowed the banks to provide finances to the jewelers for their general working capital requirements.
2. Malala Yousafzai awarded with Bravery Award by World Peace and Prosperity Foundation
Malala Yousafzai, on 19 November 2012 awarded by World Peace and Prosperity Foundation for her bravery and commitment to education for girls in adverse conditions in Swat, Pakistan.
NOTE:- She was shot in the head by Taliban, and had become the face of Pakistan’s struggle against the Taliban. She is now being treated and on the road to recovery at a Queen Elizabeth Hospital, England.
3.Scott Flemming Became the New Indian Basketball Team Coach
Scott Flemming was appointed as the head coach of the men’s National Basketball Team in the third week of November 2012 by the Basketball Federation of India (BFI).
NOTE:- Flemming has served as the assistant coach in NBA Development League of Texas Legends, often working as the head coach for present as well as future NBA players. He was also designated as coach and athletic director at Mount Vernon Nazarene University in Ohio. Flemming has a total record of 397−226 with the Cougars.
4. Davis Cup 2012: Czech Republic defeated Spain in the Finals
The Czech Republic on 18 November 2012 won the 100th Davis Cup 2012 finals, after defeating Spain by 3-2 in the finals. Radek Stepanek of Czech Republic outclassed Nicolas Almagro of Spain with 6-4, 7-6 (0), 3-6, 6-3 in the 3 hours and 52 minutes game, on the hard court of Prague’s O2 Arena, during the final fifth rubber of the Davis Cup.
5. M. Mahalakshmi and R. Vaishali won Gold at the World Youth Chess Championship
M. Mahalakshmi and R. Vaishali from Chennai on 19 November 2012 won Gold at the World Youth Chess Championship in Slovenia. Arvindh Chithambaram (Under-14 Open) from Madurai and Girish A. Koushik (Under-16 Open) from Mysore won Silver Medals in the championship. G.K. Monnisha (under-14) and Savant Riya (Under-12) secured Bronze at the Championship for India.
6. Bangladesh Opted out of D-8 Summit Scheduled to be Held in Pakistan
Bangladesh opted out of the key summit known as D-8 Summit in Pakistan which is scheduled to be held later in November, 2012. Bangladesh opted out because Pakistan refused to apologise for the deeds committed during 1971 war which eventually led to Bangladesh’s independence.
7. Maldivian Airlines Signed Pact with Apollo Hospital
Maldivian Airlines in the month of November had signed a pact with the Chennai-headquartered Apollo Hospitals to give discounts to each others’ clients.
The deal that came with signing of pact is that from now onwards, the Apollo Hospitals is going to give a discount on its service charges for those who fly the airline, and the airline in turn will give similar discounts to the hospital’s patients on the airfare.
8. CEOs from the World Came Together to Combat Deadly Cancer
More than 100 iconic CEOs from all over the world joined hands in order to make accessible cheap cancer care, especially in China and India under the alliance known as CEO Cancer Gold Standard Programme. These CEOs are from renowned companies such as GlaxoSmithKline, Sanofi, Johnson and Johnson, AstraZeneca, Eli Lilly and Novartis.
9. CORP-NE-Sahara Moved to SAT to Seek More Time for Document Submission
Sahara Group on 19 November 2012 moved to Securities Appellate Tribunal (SAT) against SEBI asking for some more time for submission of the documents in context with around 3 crore investors in a case which involves two companies- Sahara Housing Investment Corporation (SHICL) and Sahara India Real Estate Corporation (SIRECL).
10. WADA Proposed Four-Year Ban for Felony Athletes under New WADA Code
World Anti-Doping Agency (WADA) proposed that athletes found guilty of the serious doping felonies will be suspended for 4 years from 2015. However no specific rules were made for banning the wrong-doers from Olympics.
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