Current Affairs 10 November 2021

We are here for you to provide the important Recent and Latest Current Affairs 10 November 2021, which have unique updates of Latest Current Affairs 2021 events from all newspapers such as The Hindu, The Economic Times, PIB, Times of India, PTI, Indian Express, Business Standard and all Government official websites.

Our Current Affairs November 2021 events will help you to get more marks in Banking, Insurance, SSC, Railways, UPSC, CLAT and all State Government Exams. Also, try our Latest Current Affairs Quiz and Monthly Current Affairs 2021 PDF which will be a pedestrian to crack your exams.

Read Current Affairs in CareersCloud APP, Course Name –  Learn Current Affairs – Free Course – Click Here to Download the APP

We are Hiring – Subject Matter Expert | CA Video Creator | Content Developers(Pondicherry)

NATIONAL AFFAIRS

DBT-Star College: Dr. Jitendra Singh launched 1^st Mentorship Programme for Young Innovatorsi.As a part of 75th Year of India’s independence, Minister of State (Independent Charge) Dr Jitendra Singh, Ministry of Science & Technology (MoST) launched the first-ever Mentorship Programme for Young Innovators on November 8, 2021, namely ‘DBT-Star College Mentorship Programme’
ii.It is a pan India Scheme envisaging Star College in every district supported by the Department of Biotechnology (DBT).
iii.Star college scheme is a pan India scheme initiated by DBT in 2008 to support colleges and universities offering undergraduate education to strengthen science teaching across the country.
About Department of Biotechnology (DBT):
Establishment– 1986 under the Ministry of Science & Technology
Secretary– Rajesh S Gokhale
Headquarters– New Delhi, Delhi
>>Read Full News

‘Srinagar’ joins UNESCO’s Creative Cities Network for 2021On 8th November 2021, the United Nations Educational, Scientific and Cultural Organisation (UNESCO) selected India’s Srinagar city,a capital of Jammu & Kashmir as one among the 49 cities selected under UNESCO Creative Cities Network (UCCN) for 2021.Srinagar becomes the sixth Indian City to receive this recognition.

• Srinagar is selected under the craft and folk arts category.
• Other Cities included in 2021 UCCN – Abu Dhabi (UAE), Doha (Qatar) and Bursa (Turkey)

Other Indian Cities under UCCN List:

• Jaipur – Crafts and Folk Arts(2015)
• Varanasi-Creative city of Music (2015)
• Chennai-Creative city of Music(2017)
• Mumbai – Film (2019)
• Hyderabad – Gastronomy (2019)

About UNESCO
Director General – Audrey Azoulay
Headquarters – Paris, France
>>Read Full News

GoI Amended Legal Metrology (Packaged Commodities) Rules 2011 to Enhance Consumer Rights ProtectionOn November 08, 2021, the Government of India (GoI) through the Department of Consumer Affairs, under the Ministry of Consumer Affairs, Food and Public Distribution, amended the Legal Metrology (Packaged Commodities), Rules 2011 called the Legal Metrology (Packaged Commodities) Amendment Rules, 2021 to enhance the protection of Consumer Rights.
Key Amendments:
i.Rule 5 of the Legal Metrology (Packaged Commodities), Rules 2011, which is defining Schedule II prescribing the pack sizes of various types of commodities was omitted.
ii.Declarations of MRP: The ministry has simplified the declaration of maximum retail price (MRP) and made it mandatory for the manufacturer/packer/importer to declare the MRP in Indian currency inclusive of all taxes on the pre-packed commodities.
iii.Date of Manufacture: Under the revised rules, the declaration of date of manufacture on the pre-packed commodities was made mandatory.
Note – The amendments will come into effect from 1st April 2022.
About Ministry of Consumer Affairs, Food and Public Distribution:
Union Minister – Piyush Goyal (Constituency – Maharashtra)
Minister of State – Sadhvi Niranjan Jyoti (Constituency – Fatehpur, Uttar Pradesh), Ashwini Kumar Choubey (Constituency – Buxar, Bihar)
>>Read Full News

Ministry of Mines Notified Minerals (Other than Atomic and Hydro Carbons Energy Mineral) Concession Rules, 2021The Ministry of Mines has notified the Minerals (Other than Atomic and Hydro Carbons Energy Mineral) Concession (Fourth Amendment) Rules, 2021 to amend The Minerals (Other than Atomic and Hydro Carbons Energy Mineral) Concession Rules, 2016 (MCR, 2016).

• Earlier in March 2021, amendments were made in the Mines and Minerals (Development and Amendment) Act, 1957 (‘MMDR Act’) by the MMDR Amendment Act, 2021 to increase employment and investment in the mining sector and now in order to implement those amendments the MCR, 2016 has been amended.
• The interest rate for delayed payments of royalty and penalty was halved to 12 percent from 24 percent.
• New rules were inserted to enable Captive non-coal, non-fuel mines to sell 50 percent of their annual production from the captive leases in the open market.
• The minimum area for the grant of mining lease changed from 5 ha. (Hectare) to 4 ha. For specific deposits, minimum 2 ha. is provided.

• Rules for the period of mining lease granted to Government companies and their payments incorporated in the MCR, 2016 was also changed.

About Ministry of Mines:
Union Minister – Pralhad Joshi (Dharwad, Karnataka)
Minister of State – Raosaheb Dadarao Danve (Jalna, Maharashtra)
>>Read Full News

INTERNATIONAL AFFAIRS

India’s New Green Deal can create over 50 million jobs: WEF White Paperi.In accordance with the World Economic Forum’s (WEF) latest research report i.e. white paper namely ‘Mission 2070: A Green New Deal for a Net Zero India’ , a Green New Deal for India can add $1 trillion to GDP by 2030, and $15 trillion by 2070 along with a potential of creating more than 50 million new jobs.
ii.The report has been prepared in collaboration with Kearney India, and Observer Research Foundation.
iii.As per some projections, India’s GDP may grow above the world average between 2013 and 2040, at about 6.5% per annum.  If this growth is powered by an increased manufacturing base then again there will be more emissions.
About World Economic Forum(WEF):
Founder and Executive Chairman– Professor Klaus Schwab
Headquarter– Geneva, Switzerland
>>Read Full News

IMO: Shipping Emission Must Fall by a 3rd by 2030 & Reach Zero Before 2050The new study of the International Maritime Organization (IMO) has discovered that international shipping must cut down emissions by a 3rd in this decade (by 2030) and make efforts towards zero-emission before 2050.

• The new study is based on the concept of carbon budgets, which sets limits on cumulative carbon dioxide (CO2) emissions necessary for holding global warming within a given temperature target.

Background:
Previously, IMO had targeted to cut down the shipping emission by to fall at least 50% by 2050 compared to 2008, and for at least a 40% by 2030, which falls short compared to the Paris Accords commitment to limiting global warming to 1.5/2 degree Celsius by 2100.
Initiative at U.N. COP26 climate summit, Glasgow:
14 countries, including the United States(US) and United Kingdom(UK), signed a declaration pledging to work with the IMO to deliver zero-emission international shipping by 2050.
The initiative was led by Denmark and announced on the sidelines of the UN COP26 climate summit in Glasgow, Scotland.
IMO’s a new climate strategy
i.In November 2021, the IMO will discuss the plans to revise the IMO’s climate strategy in 2023.
ii.The new strategy will offer urgent course corrections to get shipping emissions to zero by 2050.
International Shipping:
i.International shipping is an important part of the global economy since around 90% of World Trade is transported by sea.
ii.The majority of the ships use fossil fuels which makes the shipping sector the major emitter of greenhouse gas pollution.

BANKING & FINANCE

Assam Signed MoU with World Bank for Rs 770 crore Loan to Promote River TransportationAssam Chief Minister (CM) Himanta Biswa Sarma has stated about the Memorandum of Understanding (MoU) signed between Assam’s Inland Water Transport (IWT) department and World Bank for a Rs 770 crore loan to promote river transportation of the state.

• The central government would return 80 percent of the loan amount and the state government would refund the remaining 20 percent.
• The CM has launched 4 steel Catamaran vessels at Pandu Port of the state as part of a World Bank-funded effort to integrate high-quality passenger and vehicle ferry services into the state’s larger transportation network system.
• Out of the 4 vessels, 2 will ply over the river Brahmaputra at Majuli (island), Assam, and one each in between Guwahati – North Guwahati and Uzanbazar – Umananda ferry ghats.
• The newly released vessels can accommodate 100 passengers and 50 two-wheelers and are powered by 180 HP twin engines that can move at a forward speed of 10 knots.
• The CM also launched an e-ticketing system for the Umananda ferry service to allow tourists to pre-book tickets and assist in boat operations management.

About Assam:
Governor –  Jagadish Mukhi
Dance – Bisuyo Jama Dance, Muchaglangnai Dance, Langkhon Fuja Mishawa
Rivers – Kopili river, Piyain river

RBI Issued Directions on Babaji Date Mahila Sahakari BankOn November 08, 2021, the Reserve Bank of India (RBI) issued certain Directions to Babaji Date Mahila Sahakari Bank Ltd., Yavatmal, Mumbai, Maharashtra and capped the withdrawal for customers at Rs 5000.

• RBI has issued the directions in the exercise of powers vested in it under subsection (1) of Section 35 A of the Banking Regulation Act, 1949 read with Section 56 of the Banking Regulation Act, 1949.

Key Points:
i.The bank was not allowed to write, grant or renew any loans and advances, make any investment, incur any liability including borrowal of funds and acceptance of fresh deposits without prior approval of RBI.
ii.Withdrawal was not allowed for a sum exceeding Rs 5,000 from the total balance across all savings bank or current accounts or any other account of a depositor but they are allowed to set off loans against deposits (with certain directions).
iii.Without RBI’s approval the bank also couldn’t disburse or agree to disburse any payment whether in the discharge of its liabilities and obligations or otherwise, enter into any compromise or arrangement and sell, transfer or otherwise dispose of any of its properties or assets.
iv.The bank was allowed to continue its banking business with restrictions till its financial position improves.
v.The restrictions under the Banking Regulation Act, 1949 will remain in force for the bank for 6 months from the close of business on November 8, 2021.
-RBI Extended Restrictions on Millath Co-operative Bank
RBI has extended the restrictions imposed on Millath Co-operative Bank Limited, Davangere, Karnataka, for another 3 months till February 7, 2022.
At first the restrictions were imposed on April 26, 2019, and have been modified from time to time. Last time, the restrictions were extended till November 7, 2021.
About Reserve Bank of India(RBI):
i.Key Appointments in RBI – Appointments Committee of the Cabinet (ACC) headed by the Prime Minister appoints the governor and deputy governors of RBI.
ii.Section 7 in The RBI Act, 1934, empowers the government to issue directions to the RBI governor.
iii.Shaktikanta Das – The 25th governor of RBI from 11 December 2018

FPIs can invest in debt securities issued by InvITs, REITSAs per the Reserve Bank of India (RBI) circular, Foreign Portfolio Investors (FPIs) are permitted to invest in debt securities issued by Infrastructure Investment Trusts (InvITs) and Real Estate Investment Trusts (REITs).

• In this regard, FPIs can acquire debt securities issued by InvITs and REITs under the Medium-Term Framework (MTF) or the Voluntary Retention Route (VRR).
• The directions contained in this circular are issued under Sections 10(4) and 11(1) of the Foreign Exchange Management Act, 1999 (42 of 1999).

It should be noted that these investments are subject to the terms and conditions for investments by FPIs in debt securities under the respective regulations.
Background:
In the Union Budget 2021-22 it was announced that debt financing of InvITs and REITs by FPI will be enabled by making suitable amendments in the relevant legislations. Following in October 2021, necessary amendments to Foreign Exchange Management (Debt Instruments) Regulations, 2019, had been notified.

• Accordingly, it has been decided to permit FPIs to invest in debt securities issued by InvITs and REITs.

Points to be noted:
i. REIT comprises a portfolio of commercial real assets, a major portion of which is already leased out.
ii.InvITs comprise a portfolio of infrastructure assets such as highways and power transmission assets.

AWARDS & RECOGNITIONS        

Govt Awarded Swarnajayanti Fellowships 2020-2021 to 17 ScientistsThe Government of India has awarded the Swarnajayanti Fellowships Scheme 2020-2021 for innovative research ideas to 17 scientists from scientific institutions across India. The fellowship recognises the potential of the scientists in creating an impact on the Research and Development(R&D) in different disciplines.

• The awardees under the scheme are facilitated by the Department of Science & Technology(DST), under the Ministry of Science and Technology.

Click here for the list of awardees
About the Swarnajayanti Fellowships:
i.The Swarnajayanti Fellowship scheme was instituted in 1997 by the government of India to commemorate the 50th year of Independence.
ii.Under this scheme, the young scientists who have a proven track record will be provided with special assistance and support to enable them to pursue basic research in frontier areas of science and technology.
Duration: The duration of the fellowship will not exceed 5 years.
About Ministry of Science and Technology:
Minister of State (Independent Charge)– Dr Jitendra Singh (Constituency-  Udhampur, Jammu and Kashmir)
>>Read Full News

APPOINTMENTS & RESIGNATIONS          

Bandhan Bank Names Zubeen Grag as Brand Ambassador for AssamBandhan bank has announced a renowned singer, actor and composer Zubeen Garg as the brand ambassador for the bank in Assam.

• It is the first time Bandhan Bank has associated with a brand ambassador since its inception (2015).
• Zubeen has released a song and music video titled ‘Axom amaar mone prane, milicho akei shuror bandhane (Assam is in my mind and soul, and bound together by the bond of music)’.

Launched by – Bandhan Bank.
Composed by – Shekhar Jyoti Goswami
Written by – Sasanka Samir, an Asamese lyricist.

• The song is a blend of Bihu folk music, folk songs from the tea gardens, Goalparia Gaan or Hostir Gaan of Assam.

About Bandhan Bank: 
It became the 1st microfinance company in India to get a universal banking licence in 2015.
Headquarters – Kolkata, West Bengal
Managing Director (MD) & Chief Executive Officer (CEO) – Chandra Shekar Gosh
About Assam 
Capital – Dispur 
Chief Minister – Himanta Biswa Sarma
Dance – Folk Dance- Farkanti Dance, Kushan; Classical Dance – Satriya Nritya,Bhor Tal Nritya

Amitabh Bachchan appointed as Brand Ambassador of Amway India
Amway India appoints  Bollywood actor Amitabh Bachchan as their brand ambassador. As a part of the momentous association, he will endorse the brand Amway and all the Nutrilite products by Amway.

• Through guided mentorship he will encourage women and youth empowerment.

About Amway India:
CEO- Anshu Budhraja
Headquarters- Gurugram, Haryana
SDMC appointed ‘Jasbir Jassi’ as Brand Ambassador
The South Delhi Municipal Corporation (SDMC) appointed Punjabi singer Jasbir Jassi as its brand ambassador, as part of its plan to improve the ranking in the 2022 Swachh Bharat survey.

• SDMC has identified five brand ambassadors for the Swachh Bharat Mission (SBM), including Jasbir Jassi and Ruby Makhija, to organize events at important locations.
• A decision was also passed to implement Revised Plastic Management Rules, 2021 and it was decided that there should be a complete ban on plastic thinner than 120 microns.

My11Circle appoints Mohammed Siraj as its Brand Ambassador

Games24x7 fantasy cricket platform ‘My11Circle’ announced Indian Cricketer Mohammad Siraj as its new brand ambassador.

• Mohammed Siraj is a part of Indian National Cricket team, and also plays for the Royal Challengers Bangalore team in the IPL.
• Other brand ambassadors of My11Circle – Saurav Ganguly, Ajinkya Rahane, VVS Laxman etc.
• My11Circle recently launched its latest campaign called ‘Game ke Deewane’.

Note – Bhavin Pandya is the Co-founder & CEO of Games24x7
Rishabh Pant becomes Brand Ambassador Hercules Bicycle
The Indian cricketer, Rishabh Pant has been selected as the brand ambassador for Hercules, a bicycle brand owned by TI (Tube Investments) of India limited.

• He will promote the cycling culture amongst urban teenagers of the country.

About TI (Tube Investments) of India limited:
Chairman– M A M Arunachalam
Headquarters– Chennai, Tamil Nadu   

SCIENCE & TECHNOLOGY

Japan Launches Epsilon Small Rocket Carrying 9 SatellitesOn 9th November 2021, The Japan Aerospace Exploration Agency (JAXA) launched a small, low cost Epsilon rocket with 9 satellites from  Japan’s Uchinoura Space Center at Kagoshima to promote educational institutions and companies in space development.

• The 9 Satellites were developed by Private Companies & enterprises, While one of them was jointly developed by 10 national institutes of technology.
• JAXA already launched Epsilon in 2019 with 7 satellites sent into space.

Key points 
i.The Rocket measures 2.6 meters in diameter and 26 meters in length and weighs 96 tons which carries nine satellites.
Payload:
Main Payload – Rapid Innovative Payload Demonstration Satellite 2, or RAISE 2 which is a technology demonstrator that weighs 240 pound (120 kilogram).

• RAISE 2 spacecraft was built by Mitsubishi Electric Corp

Other Payload – 8 satellites, that were manufactured by various organisations.

• Among the satellites DRUMS (Debris Removal Unprecedented Micro-satellite) built by Kawasaki Heavy Industries is designed to clean space junk.

Note – In January 2019, the launch lifted RAPID 1 (“Rapid Innovative Payload Demonstration Satellite 1 and in october 2021 RAISE 2 is the second mission to focus on space development.
About JAXA
Founded – 1 October 2003
Headquarters – Tokyo, Japan
Administrator – Hiroshi Yamakawa

SPORTS

Chess: IM Mitrabha Guha of Kolkata Named as India’s 72nd GrandmasterInternational Master(IM) Mitrabha Guha (20 years old), from Kolkata, West Bengal has become the 72nd Grandmaster of India after securing his 3rd and final Grandmaster(GM) norm at GM Third Saturday Mix 220, Novi Sad, Serbia.  He won this 3rd GM norm against GM Nikola Sedlak of Serbia. 

• Mitrabha Guha scored his 2nd GM norm at the Sheikh Russel International GM Tournament 2021, Bangladesh.
• Mitrabha Guha(world rank 770) secured the IM title in 2019 and FIDE Master (FM) title in 2009.

FIDE Titles:
i.FIDE titles are awarded by the International Chess Federation (FIDE – Fédération Internationale des Échecs) for outstanding performance.

• Titles for over-the-board standard chess are Grandmaster (GM), International Master (IM), FIDE Master (FM), Candidate Master (CM), Woman Grandmaster (WGM), Woman International Master (WIM), Woman FIDE Master (WFM), Woman Candidate Master (WCM).

GM Norm:
According to the FIDE, to Achieve FIDE’s GM Title, a player has to secure 3 GM norms and cross the live rating of 2500 Elo points.
Note: The Elo rating system is a method for calculating the relative skill levels of players in zero-sum games such as chess.
Additional info:
Former world chess champion Viswanathan Anand from Tamil Nadu became the first grandmaster from India in 1988.

BOOKS & AUTHORS

Tripurdaman Singh & Adeel Hussain co-authors  ‘Nehru: The Debates that Define India’A new book ‘Nehru: The Debates that Define India’ co-authored by Tripurdaman Singh and Adeel Hussain will be released on 11th November 2021 & published by HarperCollins India.

• The book examines Jawharlal Nehru voicing ideological disagreements, forging political alliances, offering vision to the future and moulding political visions.

Overview of the Book
i.The book illustrates the ideas of Nehru with contemporaries across the political spectrum.
ii.The illuminates four encounters with his contemporaries, Muhammad Iqbal, Muhammad Ali Jinnah, Sardar Patel and Syama Prasad Mookerjee.
Note – Jawaharlal Nehru was India’s 1st & longest serving Prime Minister (17 year 286 days)
Authors Work
Tripurdaman Singh has also authored – ‘Imperial Sovereignty and Local Politics’ (2019) and ‘Sixteen Stormy Days : The story of the First Amendment to the Constitution of India’ (2020)
Adeel Hussain’s next book ”Law and Muslim Political Thought in Late Colonial North India” will be released in 2022.
Note – Some Famous books of Jawaharlal Nehru includes  – “The Discovery of India”, “Glimpses of world history”, “The unity of India”

IMPORTANT DAYS

National Legal Services Day 2021 – November 9 National Legal Services Day is annually observed across India on 9th November to commemorate the enactment of the Legal Services Authorities Act 1987 to provide a “statutory base to legal aid programmes” in India on a uniform pattern.
The day also aims to create awareness about the various provisions related to the Legal Services Authorities Act.
Background:
The National Legal Services Day was started in 1995 by the Supreme Court of India to offer legal services free of charge to people from the weaker and poorer sections of society.
Why November 9?
The Legal Services Authorities Act was enacted in 1987 and came into existence on 9 November 1995 following a lot of deliberations and amendments.
About National Legal Services Authority (NALSA):
The National Legal Services Authority was constituted on 5th December 1995 under the Legal Services Authorities Act, 1987.
Patron-in-Chief– Justice N.V. Ramana(Chief Justice of India)
Executive Chairman– Justice Uday Umesh Lalit
Headquarters– New Delhi, New Delhi
>>Read Full News

STATE NEWS

Delhi govt launches ‘Shramik Mitra’ Scheme for Construction WorkersThe Government of Delhi  launched the ‘Shramik Mitra‘ scheme for construction workers. Under the scheme, 800 ‘Shramik Mitras’ will reach out to construction workers, and spread awareness on the government schemes.

• Around 700 to 800 Shramik Mitras will be trained under this programme who will work as District, Vidhan Sabha and Ward level Coordinators.

i.Delhi Govt. has also increased the Dearness allowance for Unskilled, Semi-skilled workers, to increase their salary by around 1%.
Highlights:
i.At present, Delhi government is providing various benefits to construction workers registered with the Delhi Construction Board. Some of the benefits including,

• Rs 3-5 lakh for House construction,
• Rs 2 lakh on accidental death,

Rs 3,000 per month as old age pension etc.
ii.Around 800 Shramik Mitras will inform construction workers registered by the Construction Board at the ward level about assistance schemes of the government and help them apply for it.
iii.They will also ensure that no worker is left out of the schemes or deprived of any assistance.
About Delhi
Festival– Qutub Festival, Phoolwalon Ki Sair
Stadium – Yamuna Sports Complex, Siri Fort Sports Complex
Delhi is nicknamed as the ‘City of Rallies’

Karnataka Cabinet renames Mumbai-Karnataka region as ‘Kittur Karnataka’Karnataka Chief Minister(CM) Basavaraj Bommai announced to rename the disputed Mumbai-Karnataka region, consisting of 7 districts, as  ‘Kittur Karnataka’. Following the CM’s announcement, the state cabinet gave approval for renaming the region.
7 districts of Kittur Karnataka – Uttara Kannada, Belagavi, Dharwad, Vijayapura, Bagalkote, Gadag and Haveri districts.

• The announcement was made on 66th Karnataka Rajyotsava Day on November 1.
• The region was under the erstwhile Bomber presidency before Independence and bought under the Karnataka State after the 1956 State Reorganization Act.

Key points
i.The name ‘Kittur’ originated from  a historical taluk in Belagavi district in north Karnataka that was ruled by Rani Chennamma (1778-1829).
ii.The Kittur Rani Chennamma had fought against the British for freedom about 40 years before Jhansi Rani Laxmibai.
iii.In 2019,  the Hyderabad-Karnataka region was also renamed  as ’Kalyana Karnataka’.
 
About Karnataka:
Airport- Kempegowda International Airport (Bangalore), Mangalore International Airport
Zoological Park- Dr. K.Shivarma Karanth Pililkula Biological Park, Bannerghatta Biological Park

*******

Click Here View – AC Excluded News 2021

Current Affairs Today (AffairsCloud Today)