Daily Current Affairs for BBA & IPM and HM Entrance Exams: 19th November 2021

By Rajat Pandey|Updated : November 19th, 2021
  • Current Affairs plays a vital role in the preparation of BBA & IPM and HM Entrance exams. Current Affairs keep you update about the happenings around the world. The majority of questions asked in the exam are from the latest current affairs. 
  • Current Affairs not only keeps you up to date but also provides you a better perspective and knowledge about the important burning issues worldwide

 Honours & Awards

1. Hema Malini, Prasoon Joshi to be awarded Film Personalities of the Year

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  • Hema Malini and Prasoon Joshi will be facilitated with the Indian Film Personality of the Year award at the 52nd  International Film Festival of India 2021 in Goa.
  • Actor Hema Malini is 2 time BJP MP from Mathura while lyricist Joshi is  former chairperson of CBFC.
  • The IFFI will kick off on 20th November in a hybrid — virtual and physical — format.
  • Prasoon Joshi is a poet, writer, lyricist, screenwriter and communication specialist and marketer. 

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 Banking & Finance

2. eBikeGo acquires ‘Velocipedo’ brand from Spanish company Torrot

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  • Electric two-wheeler mobility platform eBikeGo has acquired the rights to manufacture the smart electric trike ‘Velocipedo’ of a leading Spanish automotive company Torrot in India.
  • With this, eBikeGo now plans to enter the luxury electric three-wheeler industry.
  • It aims to manufacture these scooters at its factory in Pune.
  • Velocipedo will be produced in three basic models — a personal vehicle, Trick Taxi and a cargo vehicle.

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 Agreement

3. Network International, NPCI International sign MoU

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  • NPCI International Payments signed an MoU with Network International to discuss their collaboration on acceptance of the UPI in the UAE. 
  • The proposed collaboration will benefit Indian travellers visiting the UAE. 
  • It will allow them to make payments through UPI-based mobile applications leveraging Network’s trusted payment infra
  • The proposed rollout of UPI mobile payment solutions on Network International’s merchant network is expected to start in the 1st quarter of 2022

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 Banking & Finance

4. Kotak Mahindra Bank, PVR Cinemas launch co-branded movie debit card

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  • Kotak Mahindra Bank and PVR Cinemas launched a co-branded movie debit card.
  • With the Kotak PVR Movie Debit Card, cardholders will receive joining vouchers and earn points on every transaction on the debit card at PVR and outside PVR as well, with no upper limit on the points earned.
  • Further, Kotak PVR debit cardholders will get automatically enrolled to the PVR Privilege Plus programme.
  • KMB CEO: Uday Suresh Kotak

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 Banking & Finance

5. SBI and U GRO Capital join hands to finance MSMEs

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  • U GRO Capital, a small business lending platform,  has entered into a co-lending partnership with the State Bank of India to provide credit to MSMEs.
  • Through this, SBI and U GRO aim to disburse up to ₹500 crore by March 2022.
  • U GRO lends to SMEs in 8 sectors -- Healthcare, Education, Chemicals, Food Processing, FMCG, Hospitality, Electrical Equipment and Components, Auto Components, Light Engineering.
  • Chairman SBI: Dinesh Kumar Khara
  • CMD, U GRO: Shachindra Nath

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 Banking & Finance

6. Union Bank of India ranks third in PSB reforms

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  • According to  Indian Banks’ Association (IBA), Union Bank of India ranked 3rd amongst 12 PSBs in EASE 4.0 Reforms Index for Q1 FY22.
  • UBI also recorded stellar performance under four out of six themes in the Agenda.
  • UBI has been adjudged Winner in the themes ‘Collaborating for synergistic outcomes’ & ‘Governance & outcome-centric HR’ and bagged Runner-Up positions in ‘New age 24×7 Banking’ &‘Tech-enabled ease of Banking’.

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 Banking & Finance

7. IndusInd Bank launches mobile app for merchants

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  • IndusInd Bank has launched a comprehensive mobile app, 'Indus Merchant Solutions' to enable merchants, retailers and professionals to carry out banking transactions digitally, on a single platform.
  • It will enable merchants and retailers to undertake an array of activities such as accept instant cashless payments on mobile phones from customers through multiple digital modes.
  • Any current account holder of IndusInd Bank can download the app and start using it.

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 Arts & Culture

8. 552nd Guru Nanak Jayanti Observed on 19th November 2021

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  • The auspicious occasion of Guru Nanak Jayanti is one of the most important festivals in Sikhism.
  • It marks the birth anniversary of the first of the ten Sikh gurus, Guru Nanak Dev Ji.
  • While Diwali falls on the 15th day of the Kartik month as per the Hindu Lunar calendar, Guru Nanak Jayanti falls fifteen days after that on the auspicious occasion of Kartik Purnima.
  • This year, the 552nd birth anniversary of Guru Nanak Dev will fall on November 19.

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 Important Dates

9. World Toilet Day 2021: 19th November

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  • Every year, World Toilet Day is celebrated on 19th November under various themes that are set by the UN.
  • This year’s World Toilet Day theme is "valuing toilets."
  • The theme aims to stress the absolute necessity of toilets in our lives.
  • The day is is celebrated to create awareness among the people regarding the importance of sanitation and to initiate action to tackle the global sanitation crisis. 
  • WTD was established in 2013 by the United Nations.

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 Books & Authors

10. Smriti Irani Turns Author With Debut Novel 'Lal Salaam'.

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  • Union Minister Smriti Zubin Irani turns author with her debut novel 'Lal Salaam'
  • The book is being published by the publishing house 'Westland'
  • 'Lal Salaam' is based on the tragic killings of 76 CRPF personnel in Dantewada in April 2010
  • The book will be released on November 29
  • Lal Salaam is the story of a young officer, Vikram Pratap Singh, and of the challenges he faces against a system that is steeped in backroom politics and corruption.

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 Banking & Finance

11. SIDBI launches second window of Swavalamban Challenge Fund

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  • SIDBI launched the second window of Swavalamban Challenge Fund (SCF) with Green Bharat as prioritised theme.
  • The focus of the fund is on innovative projects addressing the green, clean or efficient climate change.
  • Other themes are sustainable livelihood, financial inclusion, and access to financial services and promoting the culture of entrepreneurship.
  • It is a financing support mechanism to allocate funds for specific purposes using competition among organisations.

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 National Affairs

12. Coal Ministry Constitutes Sustainable Development Cell

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  • The Ministry of Coal has decided to establish a Sustainable Development Cell (SDC).
  • Aim:  To advice, mentor and plan action to minimise the adverse impact of mining. 
  • SDC is also formulating future policy framework for environmental mitigation in Coal and Lignite sector of our country. 
  • It will also monitor the effective utilisation of the Mine Closure Fund and environment budgets of different coal companies.

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 National Affairs

13. Centre to repeal farm laws after a year

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  • Prime Minister Narendra Modi announced the scrapping of three farm laws, which triggered protests by the farmers.
  • Apologizing the nation, the PM said that his government has always worked for the welfare of the farmers.
  • The three laws to be repealed are:

    1. Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Act, 2020
    2. Essential Commodities (Amendment) Act, 2020
    3. Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Act, 2020.

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 National Affairs

14. India stands at 82 in global bribery risk rankings

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  • 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 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.

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