Daily Current Affairs 24th Nov 2021 – News, MCQs & Videos

Get All the Important Current Affairs of 24th 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 24th Nov 2021.

Daily Current Affairs 24th Nov 2021

National News

Union Home Minister Amit Shah laid the foundation for ‘Rani Gaidinliu Tribal Freedom
Fighters Museum’ in Manipur through video conferencing.

  • The museum will be set up at Luangkao village in Tamenglong district of Manipur, which is the birthplace of freedom fighter Rani Gaidinliu.
  • The proposed museum is being set up at an estimated cost of Rs 15 crore by the Ministry of Tribal Affairs.
  • In 2016, the Tribal Affairs Ministry had sanctioned setting up of nine museums dedicated to tribal freedom fighters across the country.

Economy

Meeting of the Economic Advisory Council to the Prime Minister (EAC-PM) members
was held in New Delhi to examine the Indian economic growth in 2022-23 (FY23) and
further

  • There, EAC-PM members projected India’s real Gross Domestic Product (GDP) to 7-
  • 7.5% and a nominal rate of growth of more than 11% in FY23.
  • They also projected growth of 5% in the current fiscal year (FY22) from a record contraction of 7.3% (-7.3%) in FY21.
  • Chairman: Bibek Debroy
  • Part-Time Members: Rakesh Mohan, Poonam Gupta, T.T. Ram Mohan, Sajid Chenoy, Neelkanth Mishra, and Nilesh Shah

Wall Street brokerage Goldman Sachs has predicted India’s GDP for FY22 at 9.1% in
its recent Macro Outlook 2022 report.

  • Earlier this was estimated at 11.1 percent.
  • Goldman Sachs pegged the economy to grow at 8 percent in Calendar Year 2021 and 9.1 percent in Calendar Year 2022

Banking news

State Bank of India signed a strategic agreement with Jamshedpur Football Club, a fully
owned subsidiary of Tata Steel, to promote and support football in India.

This is the first of its kind of agreement by SBI in the game of football.
Through this agreement, the SBI will become one of the principal sponsors of the JFC,
thereby having the SBI logo on Jersey.
The JRD Tata Sports Complex was set up in Jharkhand by Tata Steels, to conduct ISL
(Indian Super League) and promote the sport of Football in India.


▪ Founded: 1 July 1955
▪ Headquarters: Mumbai
▪ Chairman: Dinesh Kumar Khara

Private sector lender ICICI Bank has launched an online platform called ‘Trade
Emerge’ for Indian exporters and importers to offer them digital banking and value-added services.

  • The cross-border trade will become hassle-free, expeditious and convenient with Trade
  • Emerge because an array of services are being offered in one place so companies will not require to coordinate with multiple touchpoints.
  • The exporters and importers who are not customers of ICICI Bank can also avail the benefit of this platform.

SBI in News

SBI General Insurance made a technological partnership with Google Pay to enable
users to buy SBI General’s health insurance on the Google Pay app.


SBI has announced the launch of SBI’s NAV-eCash card on INS Vikramaditya, the largest
naval aircraft carrier of India.
State Bank of India has launched a video life certificate service for pensioners. This
new facility will allow pensioners to submit their life certificates via video from their
homes.
Former Chairman of the State Bank of India (SBI) Rajnish Kumar has come out with his
memoir titled ‘The Custodian of Trust – A Banker’s Memoir’.

Financial News

Government of India has signed a legal agreements with the World Bank worth $250
million for a project to improve quality of learning in the state of Andhra Pradesh.

  • Over 50 lakh students from all grades and stages of school education will benefit from the project, titled “Supporting Andhra’s Learning Transformation Project”.
  • IBRD has sanctioned $250 million for the project for a period of five years.
  • The main objectives of the SALT programme are strengthening foundation schools and providing training and skill development to teachers, facilitating state-level assessment and establishing an effective education management and information system.

India has received USD 87 billion in remittances in 2021 as per the report titled “Migration
and Development Brief 35” released by World Bank and KNOMAD.

  • KNOMAD (Global Knowledge Partnership on Migration and Development (KNOMAD) is an initiative of the World Bank ) is supported by a multi-donor trust fund established by the World Bank.
  • India is also the top country in receiving remittances in 2021. India is followed by China,
  • Mexico, the Philippines, and the Arab Republic of Egypt.
  • United States was the largest source country for remittances in 2020, followed by the
  • United Arab Emirates, Saudi Arabia, and Switzerland.

El Salvador President Nayib Bukele has announced that the country is planning to build
the world’s first “Bitcoin City”

  • The new city is planned to be developed in the eastern region of La Union and will be initially funded by bitcoin-backed bonds.
  • It would get geothermal power from a volcano.
  • Bitcoin City will not levy any taxes except for value-added tax (VAT).
  • One half of this VAT levied will be used to fund the bonds issued to build the city and the next half would be used to pay for services such as garbage collection.
  • It must be remembered that in September 2021 El Salvador became the first country in the world to adopt bitcoin as legal tender.
  • Capital: San Salvador

Award

Pratham, Mumbai-based civil society organization, has been conferred with the
prestigious Indira Gandhi Prize for Peace, Disarmament and Development for 2021 by the
Indira Gandhi Memorial Trust.

  • Pratham is among India’s largest NGOs working to improve education quality for underprivileged children across the world.
  • Indira Gandhi Peace Prize is given to individuals or organisations since 1986 by the Indira Gandhi Memorial Trust.
  • The award comes a cash award of Rs 25 lakh and a citation.

Andhra Pradesh has been named as the best marine state in the country by
the Department of Fisheries.

  • The Department of Fisheries under the Ministry of Fisheries, Animal Husbandry and
  • Dairying awarded best performing States for 2021-22 on 21 November 2021 on the occasion of the ‘World Fisheries Day’, to recognise their accomplishments in the field and their contribution into the growth of the sector.
  • India’s first fisheries business incubator launched in Gurugram Haryana
  • Prime Minister has set target to achieve 22 million tonnes of fish production and export to the tune of Rs one lakh crore by 2025.

2021 International Emmy Awards was 49th edition of the annual ceremony held in New
York City on November 22, 2021.

  • From India, Nawazuddin Siddiqui was nominated for Best Actor for his performance in Serious Men, Sushmita Sen-led Aarya was nominated for Best Drama and comedian Vir Das was nominated for Best Comedy.
  • However, India could not register a win in any of the above categories.
  • Till date the only Indian show to bag an Emmy is Delhi Crime which won Best Drama in 2020

List of Winners of 2021 International Emmy Awards
1. Best Actor – David Tennant for Des (UK)
2. Best Actress – Hayley Squires for Adult Material (UK)
3. Best Drama Series – Tehran (Israel)
4. Best Comedy Series – Call My Agent Season 4 (France)
5. Best Documentary – Hope Frozen: A Quest To Live Twice (Thailand)
6. Best TV Movie / Mini-Series – Atlantic Crossing (Norway)

Books and Author

Union Minister Smriti Zubin Irani has come out with her debut novel titled “Lal Salaam: A
Novel”.

  • The book is likely to hit the stands on November 29, 2021.
  • It will be published by Westland.
  • The novel is inspired by the tragic killings of 76 CRPF personnel in Dantewada in April 2010 and 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.

Syed Akbaruddin, the former India’s Permanent Representative to the UN has come out
with a book titled ‘India Vs UK: The Story of an Unprecedented Diplomatic Win’

  • This book offers a behind-the-scenes view of a India’s victory at the UN bodyInternational Court of Justice in 2017 elections, in close fight with UK.
  • The 2017 election was called ‘second war of Independence’ in the words of then foreign minister Sushma Swaraj.

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Current Affairs 24th Nov 2021 – MCQs

Q. What was the rank of India in the global list of 2021 TRACE Bribery Risk Rankings
(TRACE Matrix)?

(a) 53
(b) 77
(c) 82
(d) 95
(e) 108

Answer: Option C


▪ India has slipped to 82nd position (drop by 5 slots from 2020) with a risk score of 44 in
the global list of 2021 TRACE Bribery Risk Matrix (TRACE Matrix) that measures business
bribery risks, which was released by TRACE International.
▪ In 2020, India ranked 77 with a score of 45.

Q. Who among the following will be facilitated with the Indian Film Personality of
the Year award at the 52nd International Film Festival of India 2021 in Goa?

(a) Hema Malini
(b) Prasoon Joshi
(c) Martin Scorsese
(d) Istevan Szabo
(e) Both a & b

Answer: Option E


▪ The duo were honoured at the 52nd International Film Festival of India (IFFI) in Goa on
November 20, 2021. The event will continue till November 28 2021.
▪ Prasoon Joshi is the incumbent Chairperson of the Central Board of Film Certification
▪ Apart from the above, legendary filmmakers Martin Scorsese and Istevan Szabo were
honoured with the inaugural Satyajit Ray Lifetime Achievement Award.

Q. Which state has won India’s Cleanest state title in Swachh Survekshan 2021?
(a) West Bengal
(b) Chhattisgarh
(c) Maharashtra
(d) Jharkhand
(e) Karnataka

Answer: Option B

Q. Who has been appointed as COVID vaccination ambassador of Maharashtra?
(a) M S Dhoni
(b) John Abraham
(c) Virat Kohli
(d) Rohit Sharma
(e) Salman Khan

Answer: Option E

In a bid to encourage the Muslim community to take Covid-19 vaccine shots in
Maharashtra, the Uddhav Thackeray-led government decided to make actor Salman
Khan the vaccine ambassador of the state.

Q. Which bank has launched a micro-credit facility for the street vendors under
PM SVANidhi, with common service centers (CSC)?

(a) DBS Bank
(b) Yes Bank
(c) HDFC Bank
(d) ICICI Bank
(e) Axis Bank

Answer: Option C

  • HDFC Bank launched a micro-credit facility for the street vendors under PM Street vendor’s Atma Nirbhar Nidhi (PM SVANidhi), with common service centers (CSC).
  • HDFC Bank capitalizes for facilitating small ticket loans of Rs 10,000 for vendors along with VLEs to identify the opportunities for other products & maximize their incentives.
  • PM SVANidhi provides a collateral-free affordable loan of Rs 10,000 along with an interest subsidy of 7 percent.

That is all from us in this blog on Current Affairs 24th Nov 2021.


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