Daily Current Affairs: November 30, 2021

Daily Current Affairs (November 30, 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 30, 2021, now @ our Bankersdaily Tests.

SUBSCRIBE to Race Youtube Channel for CA QUIZ LIVE Sessions

Check: Previous – Daily Current Affairs – Banking Exam

Banking & Economy

RBI approves LIC to hike its stake in Kotak Mahindra Bank to 9.99%

• The Reserve Bank of India (RBI) gave approval for the Life Insurance Corporation of India (LIC) to increase its stake in Kotak Mahindra Bank to up to 99 per cent from 4.96 per cent.
• The RBI norms mandate that every person or an entity who intends to acquire private banks of more than a 5% stake has to take prior approval from the central bank (RBI).

Life Insurance Corporation of India (LIC)

• Headquarters: Mumbai, Maharashtra
• Founded: 1 September 1956
• Chairman: R. Kumar
• Managing Directors: Mini Ipe, B. C. Patnaik

HSBC India launches first recycled PVC plastic credit card in India

• HSBC India has launched India’s first credit card made from recycled PVC plastic.
• This is a part of a new HSBC Group to create sustainable cards across all of its global locations to meet the bank’s international commitments to sustainability and a net-zero future.
• This credit card is made from 85% recycled plastic. The new recycled PVC credit cards will help save 3.18 g of plastic waste per card, in addition, to lower overall carbon emission.

Reserve Bank of India (RBI) imposes a ₹1 crore penalty on the Union Bank of India

• The Reserve Bank of India (RBI) has imposed a ₹1 crore penalty on the Union Bank of India for deficiencies in regulatory compliance as per the directions issued under the Reserve Bank of India (Fraud – Classification and Reporting by Commercial Banks and Select FIs) Directions, 2016 and Guidelines on Sale of Stressed Assets by Banks.

Union Bank of India

• Headquarters: Mumbai
• MD & CEO: Rajkiran Rai
• Tagline: Good People to Bank With

Asian Development Bank (ADB) approves a $125 million loan for water supply and sanitation projects in Uttarakhand

• The Asian Development Bank (ADB) has approved a $125 million loan to improve access to quality water supply and sanitation services in Uttarakhand, India.
• A 136 km water pipe system will be built in South Dehradun as part of this project to repair damaged water networks.

Asian Development Bank (ADB)

• Founded: 19 December 1966
• Headquarters: Mandaluyong, Philippines
• President: Masatsugu Asakawa

Paytm Payments Services Limited (PPSL) launches ‘card-on-file’ tokenisation services

• Paytm Payments Services Limited (PPSL), a wholly-owned subsidiary of Paytm, has launched a Paytm Token Gateway, which provides a ‘card-on-file’ tokenisation solution.
• Paytm, has partnered with platforms such as Myntra, Oyo, Domino’s and payment giants like Visa, Mastercard and RuPay.
• With this partnership, the card on file tokenisation service will be available for all Paytm consumers and merchants.
• As per the RBI’s guidelines, all merchants/e-commerce stores have to comply with the new card-on-file tokenisation feature by 31 December 2021.

Appointments

Parag Agrawal from India takes over as the CEO of Twitter

• Parag Agrawal from India took over as the Chief Executive Officer (CEO) of Twitter after Jack Dorsey’s announcement of his stepping down from the position.
• Parag Agrawal is currently serving as the Chief Technology Officer (CTO) of Twitter.
• Bret Taylor was appointed as the next Chairman of the Twitter Board, succeeding Patrick Pichette, who will remain on the Twitter Board and chair the Audit Committee of Twitter.

Twitter

• Headquarters: San Francisco, The United States

Kawase Naomi was appointed as a UNESCO Goodwill Ambassador

• Japanese filmmaker Kawase Naomi has been appointed a United Nations Educational, Scientific and Cultural Organization (UNESCO) Goodwill Ambassador for gender equality in the cultural and creative industries.
• She has been engaged in a UNESCO project that supports young female African filmmakers.
• She received the Knight of the Order of Arts and Letters award from the French Government in 2015.

United Nations Educational, Scientific and Cultural Organization (UNESCO):

• Headquarters: Paris, France
• Director-General: Audrey Azoulay
• Founded: 16 November 1945

Ranks and Indices

Merriam-Webster Dictionary chooses ‘Vaccine’ as the Word of the Year 2021

• Merriam-Webster Dictionary has chosen ‘Vaccine’ as the Word of the Year 2021.
• ‘Pandemic’ was the Merriam-Webster Dictionary’s Word of the Year 2020 whereas ‘They’ was the Word of the Year 2019.

Agreements and MoUs signed

RedBus partners with IRCTC to offer rail ticketing service ‘Red rail’

• RedBus has launched the rail ticket booking service ‘Red Rail’ in collaboration with IRCTC (Indian Railway Catering & Tourism Corporation) as their authorised partner.
• The users of the RedBus Android Application will be able to book both bus and train trips.
• This Red Rail service will provide a superior booking experience with a world-class customer service system from the time consumers book train tickets to the time they board.

Awards and Recognitions

Japan’s film ‘The Ring Wandering’ receives the Golden Peacock Award 2021 at the 52^nd International Film Festival of India (IFFI)

• Japanese director Masakazu Kaneko’s The Ring Wandering, which explores Tokyo’s wartime past received the Golden Peacock Award for the Best Movie 2021 at the closing ceremony of the 52^nd International Film Festival of India (IFFI) in Goa.
• Best Director Award — Vaclav Kadrnka
• Best Actor (Male) — Jitendra Joshi
• Best Actor (Female) — Angela Molina

Sports News

Lionel Messi wins the men’s Ballon d’Or award 2021 for the seventh time in a row

• Lionel Messi from Argentina won the men’s Ballon d’Or award 2021 for the seventh time in a row for the best player in the world at a ceremony in Paris.
• He won the last edition of the Ballon d’Or award in 2019 and also won in 2009, 2010, 2011, 2012 and 2015.
• Alexia Putellas from Spain won the women’s Ballon d’Or award 2021.

Saurav Ghosh becomes the first Indian to win the Malaysia Open Squash Championships 2021

• India’s Saurav Ghosal clinched the 2021 Malaysian Open Squash Championships after beating Colombia’s Miguel Rodriguez in the men’s singles final.
• He became the first Indian to be crowned as the Malaysian Open Champion.
• The women’s singles title of the 2021 Malaysian Open Squash Championships was won by Malaysia’s Aifa Azman.

Obituary

American music composer Stephen Sondheim passed away

• Veteran American music composer Stephen Sondheim passed away at the age of 91.
• He has won Tony Awards and a Special Tony Award for Lifetime Achievement in the Theatre in 2008.
• He also won a Pulitzer Prize for his song ‘Sunday in the Park’ and an Academy Award for ‘Sooner or Later’.

Daily CA- 30 November One Liners

Can you score 20/20 in Today’s Current Affairs Quiz? Attempt the Current Affairs Quiz of  November 30, 2021, now from the link given below.