Daily Current Affairs November 18
Table of Contents
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November 18 | Daily Current Affairs 2021
Important Days – Daily Current Affairs November 18
1. World Philosophy Day is observed on ____?
A) November 13
B) November 18
C) November 15
D) November 16
E) November 17
Answer: B) November 18
- World Philosophy Day aims at promoting the international culture of a healthy, philosophical debate that respects people’s dignity and diversity.
- Every year, the third Thursday of November is celebrated as World Philosophy Day.
- This year it’s being observed today on November 18.
World Philosophy Day: History
- It was on November 21, 2002, World Philosophy Day was observed for the very first time by UNESCO to bring to limelight the enduring value of philosophy.
- Following which in 2005, the UNESCO General Conference declared the annual celebration of this event.
World Philosophy Day: Theme
- The theme for World Philosophy Day 2021 is intended to be based on “different interactions of human beings with their social, cultural, geographical and political environment, with the underlying objective of better understanding the contribution of philosophy in our contemporary societies and the challenges they face” in the wake of the pandemic.
Sports – Daily Current Affairs November 18
2. Tashkent announced as host of Asian Youth Para Games of which year?
A) 2022
B) 2023
C) 2024
D) 2025
E) 2026
Answer: D) 2025
- The Asian Paralympic Committee (APC) announced that Tashkent will be the venue for the 2025 Asian Youth Para Games.
- The decision was taken by the APC’s executive board following a bidding process that saw a number of national paralympic committees express interest in hosting the event.
- Uzbekistan, supported by the country’s ministry for tourism and sport, submitted a bid to host the event in late September/early October in Tashkent which means that for the first time the event will be held in the same city and same venues.
- The 2021 edition of the Asian Youth Para Games will take place shortly in Bahrain from December 2-6.
- As many as 800 young athletes from across Asia are expected to compete in nine sports.
3. India’s Jyothi Surekha Vennam clinched gold in the women’s compound final at the Asian Archery Championships 2021 in which country?
A) Australia
B) Singapore
C) Malaysia
D) Iraq
E) Bangladesh
Answer: E) Bangladesh
- India’s Jyothi Surekha Vennam clinched gold in the women’s compound final at the Asian Archery Championships 2021 in Dhaka.
- In a nerve-wracking final the Indian defeated top seed and former world champion Oh Yoohyun by 146-145.
- This is Jyothi’s second Asian championship (individual) gold.
- Earlier in the day, the Indian compound mixed team of Rishabh Yadav and Jyothi Surekha Vennam settled for silver.
- The Korean pair of Kim Yunhee and Choi Yonghee defeated the Indians by a narrow margin of 155-154.
Ranking – Daily Current Affairs November 04
4. What is the rank of India in TRACE Bribery Risk Matrix Ranking?
A) 85
B) 83
C) 81
D) 87
E) 82
Answer: E) 82
- India has slipped to 82nd position in 2021, five places down from 77th rank last year, in a global list that measures business bribery risks.
- The list by TRACE, an anti-bribery standard setting organisation, measures business bribery risk in 194 countries, territories, and autonomous and semi-autonomous regions.
- According to this year’s data, North Korea, Turkmenistan, Venezuela and Eritrea pose the highest commercial bribery risk, while Denmark, Norway, Finland, Sweden and New Zealand present the lowest.
- In 2020, India ranked 77 with a score of 45 while this year, the country stood at 82nd position with a score of 44, the data showed.
- Vanuatu, Peru, Northare Macedonia and Montenegro also scored 44, the same as that of India, in the matrix.
- The TRACE Bribery Risk Matrix measures the likelihood of bribe demands in 194 jurisdictions.
- It was originally published in 2014 to meet a need in the business community for more reliable and nuanced information about the risks of commercial bribery worldwide.
- The TRACE Bribery Risk Matrix aggregates relevant data obtained from leading public interest and international organisations, including the United Nations, World Bank, V-Dem Institute at the University of Gothenburg and World Economic Forum.
- This data helps companies to assess the likely risk of bribe demands in each country and to design compliance and due diligence programs tailored to that risk, it said.
TRACE Bribery Risk Matrix Ranking:
Rank | Country |
1 | Denmark |
2 | Norway |
3 | Sweden |
82 | India |
194 | North Korea |
Banking and Finance – Daily Current Affairs November 18
5. Which organisation has entered into a partnership with Google India Pvt Ltd (GIPL) for piloting a social impact lending program with financial assistance up to Rs 1 crore at competitive interest rates to MSMEs?
A) NABARD
B) IRDAI
C) RBI
D) SEBI
E) SIDBI
Answer: E) SIDBI
- Small Industries Development Bank of India (SIDBI) said it has entered into a partnership with Google India Pvt Ltd (GIPL) for piloting a social impact lending program with financial assistance up to Rs 1 crore at competitive interest rates to MSMEs.
- This partnership with GIPL brings a corpus of USD 15 million (around Rs 110 crore) to micro, small and medium enterprises (MSMEs) as a crisis response related to COVID-19, Sidbi said in a release.
- Under it, a loan program targeted at micro-enterprises (having turnover up to Rs 5 crore), with loan sizes ranging between Rs 25 lakh to Rs 1 crore, is being implemented by Sidbi, the release said.
SIDBI:
Abbreviation: Small Industries Development Bank of India
Establishment – 2nd April 1990
Headquarters – Lucknow, Uttar Pradesh
Chairman & Managing Director – Sivasubramanian Ramann
6. The Reserve Bank of India (RBI) imposed a monetary penalty of _____ on Shri Kanyaka Nagari Sahakari Bank Ltd, Chandrapur, for contravention of norms, including on fresh loans to the real estate sector?
A) Rs 11.50 lakh
B) Rs 12.50 lakh
C) Rs 13.50 lakh
D) Rs 14.50 lakh
E) Rs 10.50 lakh
Answer: E) Rs 10.50 lakh
- The Reserve Bank of India (RBI) imposed a monetary penalty of Rs 10.50 lakh on Shri Kanyaka Nagari Sahakari Bank Ltd, Chandrapur, for contravention of norms, including on fresh loans to the real estate sector.
- The RBI, in a statement, said the inspection report of the bank based on its financial position as on March 31, 2018, and March 31, 2019, revealed that it had given fresh loans to the real estate sector in violation of the operational instructions issued by the RBI and also opened on-site ATMs without the required permission.
- In another statement, the RBI said a penalty of Rs 2.50 lakh has been imposed on The Nizamabad District Co-operative Central Bank Ltd, Nizamabad, Telangana, for non-adherence/ violation of certain directions on the ‘Income Recognition, Asset Classification, Provisioning and Other Related Matters — UCBs’.
7. Which Bank has authorised by RBI to collect Direct Taxes?
A) Kotak Mahindra Bank
B) IndusInd Bank
C) Karnataka Bank
D) RBL Bank
E) Bank of Baroda
Answer: D) RBL Bank
- RBL Bank said that it has been authorised by the Reserve Bank of India (RBI), based on recommendation from the Controller General of Accounts, Ministry of Finance and Government of India (GoI), to collect direct taxes on behalf of the Central Board of Direct Taxes (CBDT).
- After technical integration, RBL Bank’s corporate and individual customers will be able to pay their direct taxes through RBL Bank’s mobile banking or net banking platforms as well as through the branch banking network, resulting in ease and convenience for customers.
RBL Bank:
Headquarters: Mumbai, Maharashtra
MD and CEO: Vishwavir Ahuja
Tagline: Apno ka Bank
8. Which company launches tokenization solutions to help merchants meet RBI guidelines?
A) BharatPe
B) Cashfree
C) Crediti
D) mBnk
E) Innoviti
Answer: B) Cashfree
- Leading payments and API banking solutions company, Cashfree Payments (Cashfree) announced the launch of tokenization solutions, ‘Token Vault’ enabling merchants to save card network tokens effortlessly, while staying compliant with RBI guidelines.
- The company’s Token Vault Service offers both, saving tokenized cards and processing payments using tokenized cards as a single solution, eliminating merchants’ need to look out for multiple payment partners.
- Card-On-File (COF) tokenization is the process of replacing sensitive card information like card number, card expiry with a cryptographically generated random string, referred to as the card token.
- A tokenized card transaction is safer because the actual card details are not shared with the merchant during a transaction.
- The generated card token can be used for processing payments, as a substitute to the actual card details like card number and card expiry and CVV.
- This eliminates the issue of loss of sensitive card information while making card payments.
- The recent circular by Reserve Bank of India (RBI) on Tokenization states that neither the authorised Payment Aggregators nor the merchants shall store customer card credentials on their servers.
- Only the card issuing banks or the corresponding networks are authorized by the RBI to save customers’ card details.
- The deadline for card tokenization is December 31, 2021.
- Cashfree is one of the certified and compliant payment tokenization service providers which works across all major networks like Mastercard, Visa and RuPay.
- With over 50 percent market share among payment processors, Cashfree Payments today leads the way in online payments, vendor payments, e-mandate and bulk disbursals in India with Cashfree Payments Payouts.
- Recently, India’s largest lender, SBI invested in Cashfree Payments underscoring the company’s role in building a robust payments ecosystem.
- Cashfree Payments works closely with all leading banks to build the core payment gateways and banking infrastructure that powers the company’s products and is also integrated with major platforms such as Shopify, Wix, Paypal, Amazon Pay, Paytm and Google Pay.
- Apart from India, Cashfree Payments products are used in eight other countries including the USA, Canada and UAE.
- Cashfree Payments is a leading payment and API banking solutions company.
- It provides full-stack payments solutions enabling businesses in India to collect payments and make payouts via all available methods with simple integration.
Cashfree Payments:
Headquarters: Bengaluru, Karnataka
CEO and Co-Founder : Akash Sinha
Business and Economy – Daily Current Affairs November 18
9. According to World Bank, India received ______ in remittances in 2021?
A) USD 27 billion
B) USD 47 billion
C) USD 67 billion
D) USD 87 billion
E) USD 97 billion
Answer: D) USD 87 billion
- India received USD 87 billion in remittances in 2021, and the United States was the biggest source, accounting for over 20 per cent of these funds, the World Bank said in its latest report.
- India is followed by China, Mexico, the Philippines, and Egypt, the report said.
- In India, remittances are projected to grow three per cent in 2022 to USD 89.6 billion, reflecting a drop in overall migrant stock, as a large proportion of returnees from the Arab countries await return, it said.
- Remittances to low- and middle-income countries are projected to have grown a strong 7.3 per cent to reach USD 589 billion in 2021, the bank said.
- This return to growth is more robust than earlier estimates and follows the resilience of flows in 2020 when remittances declined by only 1.7 per cent despite a severe global recession due to COVID-19, according to estimates from the World Bank’s Migration and Development Brief.
- India had received over USD 83 billion in remittances in 2020.
World Bank:
Founded: 1944
Members: 189 countries (IBRD), 173 countries (IDA)
Hq: Washington D.C, US
Head: David Malpass
Books and Authors – Daily Current Affairs November 18
10. Lal Salaam is authored by whom?
1) Tanushree Podder
2) Smriti Zubin Irani
3) Ravi Shastri
A) Only 1
B) Only 3
C) Only 2
D) Only 1 & 3
E) Only 2 & 3
Answer: C) Only 2
- Union Minister Smriti Zubin Irani has turned author with her debut novel ”Lal Salaam”, announced publishing house, Westland.
- The novel, inspired by the tragic killings of 76 CRPF personnel in Dantewada in April 2010, is a tribute to the exceptional men and women who have given a lifetime of service to the country, especially in confronting the challenges in the red corridor.
- It will hit the stands on November 29.
- HarperCollins announces first Indian-authored book on how ESG can benefit businesses, written by Dr Mukund Rajan and Col. Rajeev Kumar.
Appointments – Daily Current Affairs November 18
11. Justice M Duraiswamy appointed as acting Chief Justice of High Court of ___?
A) Uttar Pradesh
B) Madhya Pradesh
C) Hyderabad
D) Bangalore
E) Madras
Answer: E) Madras
- Justice M Duraiswamy was appointed as the acting chief justice of the Madras High Court.
- Justice Sanjib Banerjee, who was heading the high court, was shifted as the head of the Meghalaya High Court a couple of days ago.
- A Law Ministry notification said Justice Duraiswamy, the senior-most judge of the Madras HC, will be the acting chief justice with effect from November 17.
- When Justice Munishwar Nath Bhandari, transferred from the Allahabad HC to the Madras HC, joins his new posting, he will become the acting chief justice, the notification said.
- Once Justice Bhandari joins the Madras High Court, he will be the senior-most judge of the Madras HC.
12. Which state government to appoint Salman Khan as Covid vaccination ambassador?
A) Karnataka
B) Haryana
C) Jharkhand
D) Maharashtra
E) Goa
Answer: D) Maharashtra
- Bollywood actor Salman Khan is to become the vaccine ambassador of Maharashtra.
- Maharashtra Public Health Minister According to Rajesh Tope, there is hesitation about receiving anti-coronavirus vaccines in Muslim-majority communities, and the government will enlist the help of Bollywood actor Salman Khan to persuade people to get the vaccine.
Awards – Daily Current Affairs November 18
13. Information and Broadcasting Minister Anurag Singh Thakur has announced that the Indian Film Personality Award for the year 2021 will be given to ___?
1) Hema Malini
2) RajiniKanth
3) Prasoon Joshi
A) Only 1
B) Only 3
C) Only 2
D) Only 1 & 3
E) Only 2 & 3
Answer: D) Only 1 & 3
- Information and Broadcasting Minister Anurag Singh Thakur has announced that the Indian Film Personality Award for the year 2021 will be given to Hema Malini and Prasoon Joshi.
- Hema Malini is an Indian actress, writer, director, producer, dancer and politician.
- She made her acting debut in 1963 with the Tamil film Idhu Sathiyam and later on, entered the Hindi cinema as the lead actress of Sapno Ka Saudagar in 1968.
- Since then, she has acted in over 150 films like Sholay, Seeta Aur Geeta, Satte pe Satta and Baghban among many others.
- Prasoon Joshi is a poet, writer, lyricist, screenwriter and communication specialist and marketer.
- He published his first book of prose and poetry at the age of 17. Mr. Joshi entered Indian cinema as a lyricist in 2001 with Rajkumar Santoshi’s Lajja.
- He received the National Film Award for Best Lyrics twice for his work in Taare Zameen Par and Chittagong.
- In the year 2015, the Government of India has awarded Padma Shri for his contributions towards the field of Arts, Literature and Advertising.
National Affairs – Daily Current Affairs November 18
14. BDL inks Export Contract worth ______ with Airbus Defense & Space for CMDS?
A) USD 31 million
B) USD 21 million
C) USD 41 million
D) USD 51 million
E) USD 61 million
Answer: B) USD 21 million
- Bharat Dynamics Limited (BDL) signed an export contract with Airbus Defense & Space, Spain for supply of Counter Measures Dispensing System (CMDS).
- Under the contract, BDL will supply its in-house developed CMDS to Airbus, it said in a release here.
- The contract, valued at around USD 21 million, was signed by NP Diwakar, Director (Technical) BDL and Arnal Didier Dominique, Sr Vice President Airbus Defense and Space, S.A.U., at Bengaluru.
BDL:
Abbreviation: Bharat Dynamics Limited
Headquarters: Hyderabad, Telangana
Founded: 1970
Chairman & MD: Commodore Siddharth Mishra
15. Which state government signed a MoU with Save LIFE Foundation working in road safety in India to prevent road accidents and save lives?
A) Karnataka
B) Odisha
C) Sikkim
D) Uttar Pradesh
E) Assam
Answer: B) Odisha
- Joint Commissioner, Road Safety, Odisha State Transport Authority, Sanjay Biswal and founder & CEO, Save LIFE Foundation, Piyush Tewari signed the agreement in the presence of Transport Commissioner of Odisha Arun Bothra.
- As per the agreement SLF will identify, recommend and assist with the treatment of up to 100 vulnerable spots in Odisha where maximum accidental death have taken place in last few years.
- The MOU aims at reducing the road accident deaths on Odisha roads significantly in the next three years.
Odisha:
Capital: Bhubaneswar
Chief Minister – Naveen Patnaik
Governor – Ganeshi Lal
16. Which state Election Dept signs accord with Postal Dept on delivery of Elector Photo Identity Cards (EPICs) and various Notices through Speed Post services of DoP on mutually agreed upon terms?
A) Nagaland
B) Odisha
C) Sikkim
D) Uttar Pradesh
E) Assam
Answer: A) Nagaland
- As directed by the Election Commission of India, a Memorandum of Understanding (MoU) was signed between the Department of Post (DoP), represented by the Postmaster General (PMG) of NE-II Region in Dimapur Som Kamei and the Chief Electoral Officer of Nagaland V. Shashank Shekhar in the office chamber of the Chief Electoral Officer of Nagaland, on delivery of Elector Photo Identity Cards (EPICs) and various Notices through Speed Post services of DoP on mutually agreed upon terms.
- According to official sources today by using Speed Post services, the Elector Photo Identity Cards (EPICs) and important notices will reach the voter in a safe, time-bound and efficient manner.
- The MoU is being operationalised with immediate effect.
- On the occasion of signing the MoU, the Department of Post represented by the Superintendent of Post Razouzakie Phinuo and his team of officers expressed the hope and assurance that DoP will ensure delivery of EPICs to the right person on time.
- He expressed gratitude to ECI and DoP for this opportunity to serve the society.
Nagaland:
Capital: Kohima
CM: Neiphiu Rio
Governor: Jagdish Mukhi
17. Who inaugurates First Global Innovation Summit of Pharmaceuticals sector?
A) Ram Nath Kovind
B) Narendra Modi
C) Arjun Munda
D) Venkaiah Naidu
E) Rajnath Singh
Answer: B) Narendra Modi
- The Prime Minister inaugurated the First Global Innovation Summit of the Pharmaceuticals sector through video conferencing.
- Terming the Indian Pharma Industry, a key driver of country’s economic growth, Mr. Modi said, high quality and quantity at affordable prices has generated immense interest in the Indian pharma sector around the world.
- He said, the Indian healthcare sector has attracted over 12 billion US dollar foreign direct investment since 2014.
- Chemical and Fertilizers Minister Dr Mansukh Mandaviya was also present on the occasion.
- Mr. Mandaviya said India is focussing on innovation and R&D of finished products in the pharma sector.
- He said India has announced various production-linked incentive schemes for pharma sector which will make the country self-reliant in the pharma and medical equipment sector.
- The two-day Summit will have 12 Sessions and over 40 national and international speakers will deliberate on a range of subjects including the regulatory environment, funding for innovation, indusry-academia collaboration and innovation infrastructure.
- Leading members from domestic and global pharma industries, officials, investors and researchers from Massachusetts Institute of Technology, John Hopkins Institute, IIM Ahmedabad and other eminent institutes will participate in the summit.
Prime Minister and also in-charge of Ministry of Personnel, Public Grievances and Pensions, Department of Atomic Energy, Department of Space, All important policy issues and All other portfolios not allocated to any Minister:
Minister: Narendra Modi
Constituency: Varanasi, Uttar Pradesh
18. Which organisation released Home-Based Management of Covid-19, a compendium of best practices adopted by states to combat the pandemic?
A) DRDO
B) NITI Aayog
C) BEL
D) BHEL
E) IOCL
Answer: B) NITI Aayog
- NITI Aayog released Home-Based Management of Covid-19, a compendium of best practices adopted by states to combat the pandemic.
- The report was launched by NITI Aayog Vice Chairman Dr Rajiv Kumar, Member (Health) Dr Vinod K. Paul, CEO Amitabh Kant, and Additional Secretary Dr Rakesh Sarwal.
- The compendium presents a holistic picture of various home-based care models adopted by the states and summarizes basic principles and practical recommendations. Several of these successful strategies can be replicated and scaled up.
- Over the past two years, the country has been facing an unprecedented public health crisis in the form of Covid-19.
- Since the onset of the pandemic, state governments have responded with various innovative measures to contain the spread of the virus.
- The changing dynamics of the Covid-19 infection called for early identification, remote monitoring, and appropriate referral mechanism to reduce the number of severe cases and deaths.
- This led to the formulation of a ‘home-based care model for Covid-19’.
19. Who Launches ‘Water Heroes – Share Your Stories’ Contest?
A) Ram Nath Kovind
B) Narendra Modi
C) Arjun Munda
D) Gajendra Singh Shekhawat
E) Rajnath Singh
Answer: D) Gajendra Singh Shekhawat
- One of the primary objectives of the Department of Water Resources, River Development and Ganga Rejuvenation, Ministry of Jal Shakti is to make water conservation a people’s movement and strengthen the water consciousness in the country.
- For furthering this objective, the Department has launched the ‘Water Heroes – Share Your Stories’ Contest from December 1, 2021 with an aim to reach out to people on the important subject of water conservation and management.
- Through this Water Heroes Contest, the department aims to encourage and collect best practices in water conservation and management from across the nation.
- It also aims to encourage such efforts across India so as to boost transformational action in the water sector.
- Every month (from December, 2021 onwards) entries would be invited for consideration of awards.
- Every month a maximum of 10 entries can be considered for the awards.
- All selected entries will be awarded a cash prize of Rs. 10,000/- each and a certificate.
- To take part in the contest, the participants will have to post their success stories on water conservation & management through a specially made video of 1-5 minute duration (along with a write-up of up to 300 words and some photographs/pictures) depicting the efforts and significant contributions to conserve and manage water resources.
- The participants can share their videos (with the link of their YouTube video) on the MyGov portal (www.mygov.in). In addition to the MyGov portal, the entries can also be submitted at waterheroes.cgwb@gmail.com.
- The participants are also advised to mention only the YouTube links of their videos in the comments section and not upload the entire video-there.
- This series of Contest will end on 30 November, 2022.
- For more information, log on to www.mygov.in, www.jalshakti-dowr.gov.in.
Jal Shakti:
Minister: Gajendra Singh Shekhawat
Constituency: Jodhpur, Rajasthan
Over All Review
Important Days
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Sports
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Ranking
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Banking and Finance
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Business And Economy
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Books and Authors
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Appointments
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Awards
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National Affairs
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