Current Affairs 2017 (November)

Current Affairs 2017 (November) with Latest Current Affairs for preparation of Banking, SSC, IBPS, State Level Public Service Commission, IAS, UPSC and other exams. Current Events November 2017 news summary on current events of national and international importance.

Government inks Loan Agreement with World Bank for Shared Infrastructure for Solar Parks Project

The Union Government has signed a guarantee agreement for IBRD/CTF loan of US $98 million and Grant Agreement for US $2 million for Shared Infrastructure for Solar Parks Project with World Bank.

The objective Shared Infrastructure for Solar Parks Project is to increase solar generation capacity through establishment of large-scale parks in the country.

Shared Infrastructure for Solar Parks Project

The project consists of two components viz. (i) Shared Infrastructure for Solar Parks and (ii) Technical Assistance. It will help to establish large-scale solar parks and support government’s plan to install 100 Gigawatts (GW) of solar power out of total renewable-energy target of 175 GW by 2022.

World Bank

World Bank is one of five institutions created at Breton Woods Conference in 1944. It is part of the United Nations system, but its governance structure is different. Its headquarter are situated at Washington DC, US.

World Bank provides loans to developing countries for capital programmes. It comprises only two institutions viz. International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA). In contrast, World Bank Group comprises three more viz. International Finance Corporation (IFC), Multilateral Investment Guarantee Agency (MIGA), and International Centre for Settlement of Investment Disputes (ICSID).

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42nd International Congress of Military Medicine held in New Delhi

The 42nd World Congress of the International Committee of Military Medicine (ICMM) was held in New Delhi. It was organised by Armed Forces Medical Services (AFMS), Ministry of Defence (MoD). The theme of this edition of World Congress is “Military Medicine in Transition: Looking Ahead.”

The five-day event was being organised for the first time in India. It was the largest medical conference ever organised by AFMS. It was attended by around 350-400 foreign delegates from 80 countries.

International Committee of Military Medicine (ICMM)

The ICMM is international inter-governmental organisation established in 1921 after World War I to strengthen cooperation between the health services of the armed forces worldwide. Its secretariat is at Brussels, Belgium and currently has 112 nations as members.

ICMM’s main objective is to ensure that medical services personnel have means to work together, using similar practices, in operations involving international cooperation. It works towards achieving this by encouraging activities at which scientific and technical experience is shared, by developing contacts with scientific community, by promoting regional events. This enables it to pool resources and work experience of military medicine, both in theatre of operations and in support role in case of crisis situations.

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