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Daily Current Affairs 16th Nov 2021 – News, Videos & MCQs

Get All the Important Current Affairs of 16th Nov 2021 in this blog. It covers all important sections like Banking Current Affairs, Finance Current Affairs, Sports Current Affairs, Latest Appointments, Awards and more. In this blog, you also get to solve Important Current Affairs MCQs of 16th Nov 2021.

Daily Current Affairs 16th Nov 2021

Important Days

World Health Organization annually hosts the World Antibiotic Awareness Week (WAAW),
also known as World Antimicrobial Awareness Week (WHO).

International Day for Tolerance is observed annually on 16 November

National News

Institute for Defence Studies and Analyses in New Delhi has been renamed as Manohar
Parrikar Institute for Defence Studies and Analyses (MP-IDSA).

Minister of Law and Justice, Kiren Rijiju has launched the Citizen’s Tele-Law Mobile App.

India successfully launched the 41st Scientific Expedition to Antarctica on November 15,
2021

Banking and Insurance News

Bajaj Allianz Life Insurance has entered into a tripartite partnership with the India Post
Payments Bank (IPPB) and the Department of Posts (DoP), launching two insurance
products to tap the vast rural customers across the country.

BharatPe launched the World’s 1st Merchant Shareholding Program (MSP) for its
merchant partners.


BharatPe Founded:2018
Headquarters: New Delhi, Delhi
CEO: Ashneer Grover

HDFC Bank integrated with the Central Government’s National Agriculture Market
(eNAM) to enable digital collections and settlement of funds to various e-NAM
beneficiaries.


Founded: August 1994
CEO: Sashidhar Jagdishan
Chairman: Atanu Chakraborty
Tagline: We understand your world

The government of India and the Asian Development Bank (ADB) have signed a $61 million loan (approx Rs 454 crore) to fund development projects in Agartala, Tripura.

Award and Honours

India confers honorary rank of General on Nepal Army Chief

Appointment

Board of Control for Cricket in India (BCCI) President Sourav Ganguly confirmed on
Sunday, that former India batter VVS Laxman will be the next head of the National
Cricket Academy (NCA).

Laxman will take over from his former batting colleague Rahul Dravid, who was recently
appointed as chief coach of the Indian team following the end of Ravi Shastri’s tenure.

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Current Affairs 16th Nov 2021 – MCQs

Q. Which company has become the 1st Indian two-wheeler and three-wheeler
manufacturer to join the United Nations Global Compact (UNGC)?

a) TVS Motor Company
b) Honda Motorcycle and Scooter India
c) Hero MotoCorpa
d) Bajaj Auto
e) India Yamaha Motor

Answer: Option A


TVS Motor will also engage in collaborative projects which will advance the development
goals of the UN, particularly the Sustainable development goals (SDG).
United Nations Global Compact Headquarters: New York, United States
Executive Director & CEO: Sanda Ojiambo
TVS Headquarters: Chennai
CEO: K. N. Radhakrishnan
Founder: T. V. Sundram Iyengar
Founded: 1978

Q. Who among the following has been elected to the International Law Commission
for a five-year term?

(a) T V Narendran
(b) J B Mohapatra
(c) Rashmi R Das
(d) Bimal Patel
(e) Kamlesh Kumar Pant

Answer: Option D


Professor Bimal Patel has been elected to the International Law Commission for a five year term, in a hard-fought election at the United Nations.
He will serve a five-year term starting January 1, 2023. Prof. Patel has served in various
roles such as the Director at the Gujarat National Law University and member of the 21st
Law Commission of India.
Chairman: Justice B. S. Chauhan (21st Law Commission)

Q. PM Modi has launched RBI Retail Direct (RBI-RD). Through RBI Retail Direct (RBIRD) Scheme, an individual can now directly buy ______________.
(a) Treasury bills
(b) Sovereign Gold Bonds
(c) State Development Loans
(d) All of the above
(e) A & B

Answer: Option D

The structure and nature of SDLs is broadly similar to that of a fixed rate Dated G-Sec.
However, these instruments are generally issued for maturities upto 10 years.

Q. RBI has projected Consumer price inflation (CPI) at ________ for 2021-22.
a) 3.5%
(b) 4.7%
(c) 5.3%
(d) 6.3%
(e) 7.0%

Answer: Option C

The retail inflation, measured by the Consumer Price Index (CPI), slightly rose to 4.48 per
cent in October.
RBI has retained the projection for real GDP growth at 9.5 per cent in 2021-22.
Reserve Bank of India in its Monetary Policy Report – October 2021, has projected India’s
GDP growth rate for 2022-23 (FY23) at 7.8%

Q. Wangala festival is celebrated in which of the following state?

(a) Assam
(b) Manipur
(c) Nagaland
(d) Meghalaya
(e) Sikkim

Answer: Option D


Meghalaya state observed the ‘Wangala’, the festival of 100 Drums Festival.
It is a post-harvest festival of the Garos tribe which is being held every year to
honour ‘Saljong’, the Sun God of Garos, which also marks the end of the harvest season.
5 Popular Festivals of Meghalaya:
Nongkrem Dance Festival
Wangala Festival
Ahaia
Behdeinkhlam Festival
Shad Sukra

That is all from us in this blog on Current Affairs 16th Nov 2021.