Daily Current Affairs: November 13, 2021

Daily Current Affairs (November 13, 2021) like many other sections is inevitable and this also helps to score in the Banking awareness, Static GK, and Financial Awareness sections. Remember, Banking Awareness, and Static Awareness Questions are asked from the General Awareness section. This will also help you to ride your preparations for the forthcoming exams.

Also, Don’t forget to attend the Daily Current Affairs Quiz – November 13, 2021, now @ our Bankersdaily Tests.

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Important Days

Public Service Broadcasting Day – 12 November

• Public Service Broadcasting Day was observed on 12 November to commemorate the first and only visit of the Father of the Nation, Mahatma Gandhi, to the studio of All India Radio, Delhi, in 1947.

World Kindness Day – 13 November

• World Kindness Day is observed on 13 November to promote the importance of being kind to each other, to yourself and to the world.
• The World Kindness Movement, founded at the 1997 Tokyo summit of like-minded kindness organisations from throughout the world, first observed World Kindness Day in 1998.

National News

Union Cabinet approves the restoration of the Member of Parliament Local Area Development Scheme (MPLADS)

• The Member of Parliament Local Area Development Scheme (MPLADS) was restored by the Union Cabinet.
• The annual MPLADS fund entitlement per Member of Parliament (MP) constituency is ₹5 crores, released in two instalments of ₹2.5 crores each, subject to the fulfilment of conditions as per the MPLADS guidelines.
• The MPLADS is a Central Sector Scheme fully funded by the Government of India.
• The scheme’s goal is to allow MPs to promote developmental projects in their constituencies, with a focus on the establishment of long-term community assets in areas like drinking water, primary education, public health, sanitation and roads.

Union Minister of Law and Justice Kiren Rijiju launches Citizens’ Tele Law mobile application

• Union Law and Justice Minister Kiren Rijiju launched the Citizens’ Tele Law mobile application and felicitated frontline functionaries at a function in New Delhi as a part of ‘Azadi Ka Amrit Mahotsav’ event.
• This app in the Android version would be available on Google Playstore for download.
• This app will connect the beneficiaries directly with panel lawyers offering legal advice and consultation.

Defence Secretary Dr. Ajay Kumar launches a book titled ‘Force in Statecraft’

• Defence Secretary Ajay Kumar released a book titled ‘Force In Statecraft’ which is a collection of writings on counter-insurgency operations, the conflict in the Northeast, airpower and nuclear posture that provide a conceptual understanding of India’s national security.
• This book’s contributors are all veterans of the Indian Armed Forces with extensive operational experience and knowledge of a number of key forces and their applications.

State News

Wangala Festival is celebrated in Meghalaya

• The Wangala Festival, also known as the 100 drum festival, is celebrated in Meghalaya on 12 November 2021.
• It has been celebrated since 1976. It is the most important festival of the Garo tribe and attracts a lot of tourists.
• This festival honours the Sun God and commemorates the conclusion of the long harvest season. For the Garo tribe, this festival also marks the end of a lengthy period of toil in the field before the onset of the winter.

Meghalaya        

• Capital: Shillong
• Chief Minister: Conrad Sangma
• Governor: Satya Pal Malik

Banking & Economy

Indian Bank launches video KYC facility enabled by VCIP technology

• Indian Bank has launched the video KYC (Know Your Customer) facility, which allows applicants to open accounts from anywhere using its Video-based Customer Identification Process (VCIP) technology on its web-based platforms.
• The video KYC facility is developed in collaboration with Gieom Business Solutions, which simplifies the next stages by delivering the checkbook and ATM card to the customer’s registered address.
• After completing the initiation processes, customers can deposit the minimum sum either offline or online and transact easily using the ATM card and through mobile banking.

Indian Bank

• Headquarters: Chennai, Tamil Nadu
• MD and CEO: Shanti Lal Jain
• Establishment: 1907
• Tagline: “Your Own Bank”
• Allahabad Bank was amalgamated with the Indian Bank on 1 April 2020.

BharatPe is set to launch Merchant Shareholding Programme for its merchant partners

• BharatPe is set to launch the world’s first-ever Merchant Shareholding Program (MSP) for its merchant partners to provide an opportunity to the company’s millions of offline merchant partners to become part equity owners of BharatPe.
• It intends to develop an equity pool structure for MSP worth up to $100 million, which will be distributed to qualified merchants over the next four years.

BharatPe:

• Headquarters: New Delhi
• Founded: 2018

Appointments

Ashu Sayush was appointed as the Independent Director of Hindustan Unilever Limited (HUL)

• Hindustan Unilever Limited (HUL) has appointed Ashu Suyash as an Independent Director on its Board.
• She has over 33 years of experience in the financial services and global information services sector.

Hindustan Unilever Limited (HUL)

• Headquarters: Mumbai

Amy Oldenburg was appointed as the emerging markets equity head of Morgan Stanley

• Morgan Stanley has appointed Amy Oldenburg as the Head of emerging markets equity at its investment management business.
• She replaced Ruchir Sharma.
• She has spent over 20 years in Morgan Stanley’s asset management business and has been the Chief Operating Officer overseeing its emerging markets platform since 2013.

Morgan Stanley

• Headquarters: New York, the United States
• CEO: James P. Gorman
• Founded: 5 September 1935

Daniel Bruhl was appointed as Goodwill Ambassador for the United Nations’ World Food Program

• Daniel Bruhl, a German-Spanish actor, has been appointed as a Goodwill Ambassador for the United Nations’ World Food Programme (WFP).
• He has joined the WFP’s mission to reach a world with zero hunger.
• In this role, he will raise awareness about the millions of people who go to bed hungry every night and rally his supporters to advocate for a world where there is no hunger.

World Food Programme (WFP)

• Headquarters: Rome, Italy
• Executive Director: David Beasley
• Founded: 1961

Satya Narayan Pradhan was appointed as the Director -General of the Narcotics Control Bureau (NCB)

• Senior Indian Police Service (IPS) officer Satya Narayan Pradhan was appointed as the Director -General of the Narcotics Control Bureau (NCB) till August 2024.
• He succeeded Rakesh Asthana.
• He is a Jharkhand cadre 1988-batch IPS officer and is currently holding additional charge as the NCB Chief despite holding the responsibility as the Director -General of the National Disaster Response Force (NDRF).

Defence News

Sixth-edition of the Indo-France joint military exercise ‘Ex-Shakti 2021’ commences from 15 November

• The sixth edition of the biennial training exercise ‘Ex-Shakti 2021’ between India and France is being conducted from 15 to 26 November 2021 in Frejus, France.
• Both the countries will be participating in the three biennial training exercises namely — Garuda, Varuna & Shakti.
• The joint exercise comprises of training of India-France air forces termed (Garuda), India-France navies (Varuna) and India-France armies (Shakti).
• The goal of this exercise is to improve military cooperation and interoperability between the two armies by focusing on counter-terrorism operations in semi-urban terrain under a United Nations mandate.

Sports News

Mitrabha Guha becomes the 72^nd Chess Grandmaster of India

• Mitrabha Guha from Kolkata became the 72^nd Chess Grandmaster of India at the Grandmaster Third Saturday Mix 220 tourney held in Novi Sad, Serbia.
• He secured his Fide Master rating back in 2009 and then went on to claim the International Master norm in 2019.

Daily CA- 13 November One Liners

Can you score 20/20 in Today’s Current Affairs Quiz? Attempt the Current Affairs Quiz of  November 13, 2021, now from the link given below.