Daily Current Affairs November 29

Dear Champions, as you all know that a lot of competitive exams have been notified consequently. Candidates have to prepare themselves according to the level of competition and expectation of  the Recruitment board. Regarding that one of the most important topic is Daily Current Affairs November 29. Current Affairs in the form of contemporary events of national & international play a crucial role in almost every competitive exams like Banking, Insurance, SSC, UPSC, TNPSC, Railway etc.

Current affairs are the most dynamic yet scoring among all sections and need to be prepared from the right source. Here, we cafunsta team, providing  Daily GK Updates, Current Affairs Questions, and Monthly  current affairs pdf.

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November 29 | Daily Current Affairs 2021

Obituary – Daily Current Affairs November 29

1. Shiva Shankar Master passed away. He was related to which field?
A) Journalist
B) Politician
C) Writer
D) Sports
E) Ace choreographer
Answer: E) Ace choreographer

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Banking and Finance – Daily Current Affairs November 29

2. Which company launches “Health Savings Account” in partnership with neo bank Open?
A) Google Pay
B) Patym
C) PhonePe
D) BharatPe
E) Fedo
Answer: E) Fedo

• AI driven Health- tech company Fedo has announced a announced ‘Health Savings Account’, called Fedo HSA, in collaboration with neo bank Open.
• Fedo HSA will be offering a combined account that helps customers meet their required spends through a combination of smart savings, insurance, line of credit all bundled in a powerful savings account that comes with a health Credit/ Debit cards with health benefit features and rewards.

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3. Which Payments Bank launches transit card for metro, bus, rail payments?
A) Patym Payment Bank
B) Fino Payment Bank
C) NSDL Payment Bank
D) Jio Payment Bank
E) Airtel Payment Bank
Answer: A) Patym Payment Bank

• Under the initiative, the company said that it offers the National Common Mobility Card (NCMC) interoperable physical mobility card, which drives the government’s One Nation, One Card initiative.

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4. Which company launches no-code embedded finance platform – Zwitch?
A) Google Pay
B) Open Financial Technologies Pvt. Ltd
C) PhonePe
D) BharatPe
E) Fedo
Answer: B) Open Financial Technologies Pvt. Ltd

• Open Financial Technologies Pvt. Ltd launches no-code embedded finance platform – Zwitch.
• Embedded finance helps fintechs and non-fintech companies to launch or embed financial services like banking, payments, cards, lending etc into their existing product or service thereby increasing sales, customer engagement, or additional revenues channels.

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Acquisitions and Mergers – Daily Current Affairs November 29

5. LIC gets RBI’s nod to increase stake in Kotak Mahindra Bank to _____?
A) 5.99%
B) 4.99%
C) 3.99%
D) 2.99%
E) 9.99%
Answer: E) 9.99%

• The Reserve Bank of India (RBI) has granted approval to state-owned insurance behemoth, Life Insurance Corporation of India (LIC), to raise its stake in private lender Kotak Mahindra Bank up to 9.99 per cent.
• Currently, the life insurer holds 4.96 per cent in the private lender.
• The approval of the central bank will be valid for one year.
• As per RBI norms, prior approval of the RBI is required to increase stake in private banks beyond 5 per cent.

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Appointments – Daily Current Affairs November 29

6. The government has appointed senior bureaucrat Vivek Johri as the Chairman of which organisation?
A) IRDAI
B) CII
C) CCI
D) CBDT
E) CBIC
Answer: E) CBIC

• The government has appointed senior bureaucrat Vivek Johri as the Chairman of the Central Board of Indirect Taxes and Customs (CBIC).
• Johri, a 1985-batch Indian Revenue Service (Customs and Indirect Taxes) officer, is currently working as a member of the board.
• His appointment was approved by the Appointments Committee of the Cabinet.
• He was appointed as the tenure of former chairman M Ajit Kumar ends in the month of November 2021.

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7. Rajnish Kumar, former chairman of which bank, has been appointed as an independent non-executive director on the board of Hero Motocorp?
A) DBS Bank India
B) State Bank of India
C) Axis Bank
D) HDFC Bank
E) Kotak Mahindra Bank
Answer: B) State Bank of India

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Awards – Daily Current Affairs November 29

8. 33rd HUNAR HAAT, organized by the Ministry of _______ received the prestigious India International Trade Fair, 2021 Silver Medal for strengthening commitment to “Vocal for Local” and its strong presence at the Trade Fair?
A) Tribal Affairs
B) Minority Affairs
C) Health
D) Women & Child Development
E) Home
Answer: B) Minority Affairs

• Mr. Naqvi said, over 550 artisans and craftsmen from more than 30 States and Union Territories participated and set up more than 300 stalls in the 33rd HUNAR HAAT.
• The Minister stated that Prime Minister Narendra Modi’s “mantra” of “Vocal for Local” and “Swadeshi to Swavlamban” has encouraged and promoted India’s traditional and ancestral legacy of handloom-handicraft.
• The next HUNAR HAAT will be organised at Surat (11 to 20 December) and JLN Stadium, New Delhi (22 December 2021 to 2 January 2022).

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National Affairs – Daily Current Affairs November 29

9. Who released findings of the National Health Accounts (NHA) estimates for India for 2017-18?
A) Ram Nath Kovind
B) Y S Jagan Mohan Reddy
C) Rajesh Bhushan
D) Anurag Singh Thakur
E) PA Mohamed Riyas
Answer: C) Rajesh Bhushan

• There has been an increase in the share of government health expenditure in the total GDP of the country, according to the National Health Account Estimate report.
• It has increased from 1.15 per cent in 2013-14 to 1.35 per cent in 2017-18.
• The share of Government Health Expenditure in total health expenditure has also increased overtime.
• In 2017-18, the share of government expenditure was 40.8 per cent, a significant rise from 28.6 per cent in 2013-14.

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10. Indian Railways’ North East Frontier Railway zone is constructing the world’s tallest pier bridge in which state?
A) Karnataka
B) Haryana
C) Meghalaya
D) Manipur
E) Assam
Answer: D) Manipur

• Indian Railways’ North East Frontier Railway zone is constructing the world’s tallest pier bridge in the North-Eastern state of Manipur.
• The bridge is being constructed across river Ijai near Noney, and it will be the tallest pier with a height of 141 metres.
• The bridge is constructed as part of the 111km-long Jiribam-Imphal railway project.
• The hydraulic augers technique is used to construct the piers of the bridge.
• Security forces are deployed at the site, where a bridge of a total length of 703 metres is being constructed.
• The bridge is being constructed at the hilly terrain of Marangching village in Noney district, about 65 kilometres west of Manipur’s Imphal.

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11. Which state has rolled out the microfinance loan waiver scheme to give relief to 24 lakh women in the state?
A) Karnataka
B) Haryana
C) Meghalaya
D) Manipur
E) Assam
Answer: E) Assam

• Chief Minister Dr Himanta Biswa Sarma launched the Assam Micro Finance Incentive and Relief Scheme, 2021, at Collegiate HS School, Tezpur in Sonitpur district.
• Himanta Biswa Sarma ceremonially distributed cheques of Rs 25,000 to five women beneficiaries during the programme.
• The chief minister said that of the total 24 lakh woman beneficiaries, including 59,468 women in Sonitpur district, each will get Rs 16,000 – Rs 25,000.
• He further added that in the first phase the state government will spend Rs 3000 crore to provide relief to 11 lakh microfinance borrowers of the state who are making regular payments to the banks.

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Over All Review

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