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Current Affairs 17 November 2021

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Current Affairs 17 November 2021 English

We are here for you to provide the important Recent and Latest Current Affairs 17 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.

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NATIONAL AFFAIRS

3rd Trilateral Maritime Exercise ‘SITMEX-21’ held between India, Singapore and Thailand in Andaman SeaIndian Navy Participates in India, Singapore and Thailand Trilateral Maritime Exercise ‘SITMEX’i.The 3rd edition of India, Singapore and Thailand Trilateral Maritime Exercise SITMEX-21 was held on November 15-16, 2021 in Andaman Sea as a ‘non-contact, at sea only’ exercise in view of COVID-19 restrictions.
ii.It was hosted by the Royal Thai Navy (RTN).
iii.Indian Navy (IN) was represented by INS (Indian Naval Ship) Karmuk, a 1350 tonne indigenously built Missile Corvette.
About Indian Navy (IN):
Chief of Naval Staff (CNS)– Admiral Karambir Singh
Navy Day–  4th December (annually celebrated to commemorate the victory of 1971 Indo-Pakistan war)
Integrated Headquarters of Ministry of Defence (Navy)– New Delhi, Delhi
>>Read Full News

PM Modi launches ‘Ration Aapke Gram’ scheme & ‘Sickle Cell Mission’ in Madhya PradeshPM launches ‘Ration Aapke Gram’ schemeOn 15th November 2021, Prime Minister (PM) Narendra Modi inaugurated a series of Tribal Welfare programmes on his visit to Madhya Pradesh. PM Modi launched a welfare scheme named ‘Ration Aapke Gram’ scheme & ‘Sickle Cell Mission’ of Madhya Pradesh. He also laid the foundation stone for construction of 50 new Eklavya Model Residential Schools across India.
i. The Indian Government decided to celebrate 15th November as the ‘Janjatiya Gaurav Diwas’ or ‘Tribal Gaurav Diwas’, every year starting from 2021.
ii. Tribal Gaurav Diwas is celebrated on the birth anniversary of one of India’s greatest tribal leaders – Bhagwan Birsa Munda.
iii. The Inauguration made by PM Modi matched with the celebration of 1st ever Tribal Gaurav Diwas.
About Madhya Pradesh:
Governor – Mangubhai Chhaganbhai Patel
Festivals – Lokrang Festival, Khajuraho Dance Festival, Bhagoria Haat Festival
Tribes – Bhil, Gond, Kol, Korku, Sahariya, Baiga
>>Read Full News

Fisheries Minister Parshottam Rupala Launches ‘Nationwide AHDF KCC campaign’Nationwide AHDF KCC campaign launched for providing Kisan Credit CardUnion Minister of Fisheries, Animal Husbandry & Dairying (FAHD) Parshottam Rupala virtually launched the ‘Nationwide AHDF (Animal Husbandry, Dairying, and Fisheries) KCC campaign’ to expand the benefit of Kisan Credit Card to all eligible animal husbandry, dairy, and fishery farmers in India.

  • The campaign, which is scheduled to be held for 3 months from November 15, 2021, to February 15, 2022, was organised by Department of Animal Husbandry and Dairying, in association with the Department of Fisheries (DOF) and the Department of Financial Services (DFS).
  • The government is targeting to enrol around 2 crore people in the next 3 months.
  • Over 14 lakhs fresh AHDF KCC has been sanctioned through a Special Drive which was organized in 2020 from June 1, 2020, to December 31, 2020, by the Department of Animal Husbandry and Dairying in association with the Department of Financial Services, for providing AHDF KCC to eligible dairy farmers of Milk Cooperatives and Milk Producer Companies.

Note – On February 04, 2019, RBI has extended the KCC facility to Animal Husbandry farmers and Fisheries to support them to meet their working capital requirements.
About Ministry of Fisheries, Animal Husbandry and Dairying (FAHD):
Union Minister – Parshottam Rupala (Constituency – Gujarat)
Minister of State – Sanjeev Kumar Balyan (Constituency – Muzaffarnagar, Uttar Pradesh)
>>Read Full News

India’s first Food Museum launched in Thanjavur,TN by Union Minister Piyush GoyalIndia’s first Food Museum opens in ThanjavurOn November 15, 2021, Union Minister, Piyush Vedpraksh Goyal virtually launched India’s first Digital Food Museum in Thanjavur, Tamil Nadu (TN). It is 1,860-sqft museum  co-developed by Food Corporation of India (FCI) and Visvesvaraya Industrial and Technological Museums, Bengaluru (Karnataka) with an estimated outlay of Rs 1.1 crore.

  • This museum showcases the Indian food evolution from nomadic hunter-gatherers into settled agriculture producers will function from 11 am to 5 pm on all working days.
  • Thanjavur is the cultural capital of Tamil Nadu.

Key Points:
i.The technologies used in this museum are  projection mapping, Radio Frequency Identification (RFID), touch screen kiosk, proximity sensors and touch sensors.
ii.It displays the ancient grain storage methods (both global and indigenous) and challenges in storage besides information about the journey of FCI.
iii.India is the 5th largest agricultural exporter in the world.
iv.Central Government is also establishing 10 tribal freedom fighters museums to acknowledge their contribution.
About Tamil Nadu:
Chief Minister– Muthuvel Karunanidhi Stalin
Wildlife  Sanctuaries– Mudumalai Wildlife Sanctuary, Anaimalai Tiger Reserve, earlier known as Indira Gandhi Wildlife Sanctuary, Point Calimere Wildlife Sanctuary
Biosphere Reserves– Nilgiris Biosphere Reserve, Gulf of Mannar Biosphere Reserve, and Agasthiyarmalai Biosphere Reserve

6th India France Joint Military Exercise Ex-Shakthi 2021 Commences at FrejusIndia, France joint military exercise EX-SHAKTI 2021 commences at FrejusThe 6th edition of India-France joint military exercise ‘EX-SHAKTI 2021’ commenced on 15th November 2021 at the southeastern French port town of Frejus , France. EX-SHAKTI is a biennial training exercise which is conducted alternatively in India and France.

  • The joint exercise is being conducted from 15 to 26 November 2021.

Focus –  Counter-Terrorism operations in semi-urban terrain under the United Nations Mandate.
Note – The previous edition of Exercise SHAKTI was conducted at Foreign Training Node in Mahajan Field Firing Ranges, Rajasthan from October 31 to November 13, 2019.
About Indian Navy
Chief of Naval Staff (CNS) – Admiral Karambir Singh (24th CNS)
Integrated Headquarters – New Delhi, Delhi.
About France
President – Emmanuel Macron
Capital – Paris
Currency – Euro
>>Read Full News

BANKING & FINANCE

Sidbi launches 2nd window of Swavalamban Challenge Fund with ‘Green Bharat’  as Prioritised ThemeSidbi launches second window of Swavalamban Challenge FundOn November 15, 2021, Small Industries Development Bank of India (SIDBI) launched the second window of Swavalamban Challenge Fund (SCF) which aims to provide financial support to non-profit organizations, educational institutions for addressing developmental gaps.

  • This edition themes are aligned with attaining net zero emissions by 2070, as per the commitments made by India at 26th UN (United Nations) Climate Change Conference of the Parties (COP 26). Therefore, ‘Green Bharat’ is the prioritised theme for the same.
  • In this regard, this 2nd SCF focuses on green, clean and efficient climate change.

Key Points:
i.Green initiatives under the SCF including climate change mitigation and adaptation measures, eco-friendly practices through recycling and offering solutions to reduce carbon footprint.

  • Other themes curated under SCF include financial inclusion, promoting healthy living and innovative enterprise solutions and access to financial services and promoting the culture of entrepreneurship.

ii.This fund is a part of Swavalamban Resource Facility (SRF) being implemented by SIDBI in partnership with Foreign, Commonwealth and Development Office (FCDO), United Kingdom (UK).

  • The first window of SCF was launched in August 2021 to promote entrepreneurship culture in India.
  • SIDBI is the sole facilitator for SCF. The proposals can be submitted for undertaking Pilot (Upper Cap of Rs. 20 lakh) and Scale-Up (up to Rs. 35 lakh) initiatives.

About Small Industries Development Bank of India (SIDBI):
Chairman and Managing Director (CMD)– Sivasubramanian Ramann
Headquarter– Lucknow, Uttar Pradesh (UP)

RBI Introduced Internal Ombudsman Mechanism for NBFCsRBI introduces internal ombudsman mechanism for select NBFCsOn November 15, 2021, the Reserve Bank of India (RBI) introduced an Internal Ombudsman (IO) mechanism for certain categories of Non-Banking Financial Companies (NBFCs) that have a higher customer interface.
Key Facts about NBFCs IO Mechanism:
i.Eligibility: RBI has directed Deposit-taking NBFCs (NBFCs-D) with 10 or more branches and Non-Deposit taking NBFCs (NBFCs-ND) with asset size of Rs 5,000 crore and above to appoint an IO at the apex of their internal grievance redress mechanism within 6 months from the issuance of direction.
ii.Exclusion:NBFCs that are excluded from the applicability of the direction include – Stand-alone Primary Dealer, NBFC- Infrastructure Finance Company (NBFC-IFC), Core Investment Company (CIC); Infrastructure Debt Fund – NBFC (IDF-NBFC), NBFC – Account Aggregator (NBFC-AA), NBFC under Corporate Insolvency Resolution Process, NBFC in liquidation, and NBFC having only captive customers.
iii.The NBFC that are covered by this direction will continue to have an IO for a period of 3 years after the company falls below the thresholds (i.e. NBFCs with 10 or more branches/with asset size of Rs 5000 crore or more).
SBR Framework: On October 22, 2021, RBI introduced a revised regulatory framework for NBFCs named ‘Scale Based Regulation’ (SBR) to regulate the NBFCs based on their size, activity, complexity, and interconnectedness within the financial sector.
About Reserve Bank of India (RBI):
Establishment – 1st April 1935
Headquarters – Mumbai, Maharashtra
Governor – Shaktikanta Das
Deputy Governors – Mahesh Kumar Jain, Michael Debabrata Patra, M. Rajeshwar Rao, T. Rabi Sankar
>>Read Full News

Paytm Money launches AI-powered ‘Voice Trading’Paytm Money launches AI-powered ‘Voice Trading’On November 15, 2021, Paytm Money, the wholly-owned subsidiary of Paytm launched AI (Artificial Intelligence) powered ‘Voice Trading’ which will enable users to do trade or get information about stocks via single voice command.

  • This voice command feature uses neural networks and natural language processing (NLP) to allow instant processing.
  • This launch is on the lines of Paytm Money efforts to offer next-gen and AI-driven technology to enhance user experience.

Key Points:
i.This newly launched feature will surpass the usual five to six-step process of trading.
ii.The Paytm Money platform is rolling out the voice trading feature in beta to select users. It will be available to all users over the coming weeks.
iii.It should be noted that Paytm Money, a group company of Paytm, recently concluded its initial public offering (IPO).
About Paytm Money:
It is a SEBI (Securities and Exchange Board of India) registered Investment Adviser (IA).
Chief Executive Officer (CEO)– Varun Sridhar
Operations Head office-Bengaluru, Karnataka

Blockchain Feeder Fund gets nod from SEBIBlockchain feeder fund gets Sebi nodThe Securities and Exchange Board of India (SEBI) has given nod to the scheme named ‘Invesco India – Invesco CoinShares Global Blockchain Exchange Traded Fund (ETF) Fund of Fund’ (FoF), which will be India’s first scheme that offers exposure to global companies participating in the blockchain ecosystem.

  • Type: It is an open ended Scheme that invests in Ireland-domiciled Invesco CoinShares Global Blockchain UCITS ETF.
  • The feeder fund holds investments such as Canadian bitcoin miner Bitfarms Ltd, US crypto exchange Coinbase Global Inc., and the world’s biggest corporate crypto holder MicroStrategy Inc.
  • The new fund offer will open to Indian investors from 24 November to 8 December, 2021.

About Blockchain Technology:
i.It is a distributed digital database(ledger) that maintains a continuous list of ordered records, called blocks, those blocks are linked using cryptography and forms a ‘block chain’, those blocks/records could not be altered without the alteration of all subsequent blocks (data protection).
ii.It facilitates the process of  recording transactions and tracking assets/value (virtually) in a network, from medical records to food supply chain transactions.
iii.The government has regulations on cryptocurrencies such as bitcoin and ethereum after which the blockchain fund was approved by SEBI.
Note – Invesco CoinShares Global Blockchain UCITS ETF has delivered a return of 94% in the past one year and 53% since its inception in March 2019.
About Securities and Exchange Board of India (SEBI)
Established – 1992
Headquarters – Mumbai, Maharashtra
Chairman – Ajay Tyagi

Kotak Mahindra Bank, PVR Launches Co-Branded Movie Debit CardKotak Mahindra Bank, PVR launch co-branded debit cardOn 16th November 2021 Private lender Kotak Mahindra Bank and Multichain operator PVR Ltd. launched India’s 1st Co-branded movie Debit card named ‘Kotak PVR Movie Debit Card’

  • The 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

Features:
i.The users will get automatically enrolled to the PVR Privilege Plus programme with enhanced benefits.
ii.The spending on e-commerce as a percentage of total spends has increased by 5-10 per cent.
iii.The customers will earn reward points on all spends on the co-branded debit cards, including 10 reward points for every Rs 100 spent at PVR Cinemas and 0.50 reward points for every Rs 100 spent on all other transactions, with 1 reward points equivalent to Re 1.
Kotak-PVR co-branded Credit card:
i.The Bank and PVR launched co-branded credit cards 10 years ago and now again joined hands to increase the usage of debit cards and reopen cinemas across India.
ii.Kotak-PVR co-branded credit cards have around 3 lakh customers and the core audience is between 14 years and 35 years.
About Kotak Mahindra Bank
CEO – Uday Kotak
Established – February 2003
Headquarters – Mumbai, Maharashtra
Tagline – Lets make money simple
About PVR Ltd. 
Chairman and Managing Director – Ajay Bijli
Established – June 1997
Headquarters – Gurugram, Haryana.

Karnataka Bank Launched CASA Campaign and KBL Current Account–Premium Scheme

Karnataka Bank has launched a nationwide CASA (Current Account/Savings Account) campaign and a new value-added current account scheme named ‘KBL Current Account–Premium’ for small and medium entrepreneurs.

  • The campaign was started on November 15, 2021, and the bank intends to mobilize more than 4,15,000 CASA accounts across India through the campaign within February 28, 2022.
  • The scheme enables the bank’s customers to have a new current account by maintaining a monthly average balance of Rs 25,000 and avail a host of premium facilities.
  • With the campaign, the bank aims to introduce its digitally powered savings account products to its customers.
  • During the 2020’s campaign, the bank met about 90 percent of the target it kept for current and savings accounts.

About Karnataka Bank:
Establishment – February 18th, 1924
Headquarters – Mangalore, Karnataka
MD & CEO – Mahabaleshwara M.S
Tagline – Your Family Bank Across India

AWARDS & RECOGNITIONS 

‘Karnataka Vikas Grameena Bank’ gets ASSOCHAM award for Best Digital Financial ServicesKarnataka Vikas Grameena Bank gets ASSOCHAM awardThe Karnataka Vikas Grameena Bank (KVGB) got the award for the best ‘Digital Financial Services’, in line with India’s vision of ‘Atmanirbhar Bharat’, under  the ‘Regional Rural Banks’ (RRBs) category by Associated Chambers of Commerce and Industry of India (ASSOCHAM).
Key points:
i.The award was handed over by Reserve Bank of India (RBI) regional director R. Gurumurthy to KVGB Bank Chairman P. Gopi Krishna in Bengaluru, Karnataka.
ii.Around  40 villages in Karnataka are converted into 100% digital villages by the KVGB bank. These efforts are  encouraging  villagers to use digital mode for transactions.
About Associated Chambers of Commerce and Industry of India (ASSOCHAM):
Founded- 1920
President– Vineet Agarwal
Headquarters- New Delhi, Delhi
About Karnataka Vikas Grameena Bank (KVGB):
Established – 2005
Chairman – P. Gopikrishna
Headquarters – Dharwad, Karnataka

APPOINTMENTS & RESIGNATIONS  

UN Secretary General appoints Shombi Sharp as UN Resident Coordinator in IndiaUN Secretary General Guterres appoints Shombi SharpThe United Nations (UN) Secretary General, Antonio Guterres appointed Shombi Sharp of the United States (US), a sustainable development expert, as the UN Resident Coordinator in India.

He will lead the UN team in India, and work towards India’s Covid-19 response plans to recover better for the Sustainable Development Goals.

  • Prior to this he served as the United Nations Resident Coordinator in Armenia.

About Shombi Sharp:
i.He began his career working in the non- profit organization CARE International foundation in Zimbabwe. He is a  postgraduate  in HIV/AIDS management from the National Medical University of South Africa and Stellenbosch University in South Africa.
ii.Shombi Sharp has the experience of more than 25 years in sustainable development and growth projects.
About United Nations:
India’s Permanent Representative to the UN – T. S. Tirumurti
Headquarters– New York, United States (US)
Secretary General- Antonio Guterres

ACQUISITIONS & MERGERS   

CCI Approved Acquisition of 71.25% Shareholding of ASKIM Ltd by BCP TopCo XII Pte Ltd

The Competition Commission of India (CCI) has approved the acquisition of 71.25% shareholding of ASK Investment Managers (ASKIM) Limited by BCP TopCo XII Private Limited(BCP TopCo), an affiliate of funds advised or managed by the affiliates of the Blackstone Group Inc.
Key Points:
i.BCP TopCo XII Pte Limited is involved in investment holding and related activities.
ii.ASKIM Limited is a leading asset and wealth management company, that caters to the high net worth individual (HNI) and ultra HNI (UHNI) market in India.
iii.ASKIM ltd is involved in business providing financial services. The services include

  • providing portfolio management services to individuals, groups of individuals, family offices and other entities.
  • offering investment solutions, investment advisory services, and wealth. management and wealth planning services (including digital services) for individuals, family offices and corporates.
  • sponsoring and managing alternate investment funds.
  • sponsoring, setting up or advising funds.
  • providing credit facilities.
  • distribution of financial products (including insurance products and mutual funds).

SCIENCE & TECHNOLOGY

India launches 41st Scientific Expedition to AntarcticaIndia launches 41st Scientific Expedition to AntarcticaIndia’s Ministry of Earth Sciences launched the 41st Indian Scientific Expedition to Antarctica (41st ISEA) in November 2021. The first batch of 23 scientists and support staff has reached the Indian Antarctic station Maitri.

  • The expedition has 48 members leaving for over winter at Antarctica and on return the vessel brings back the members of 40th expedition.
  • Four more batches will be landing in Antarctica by air using DROMLAN facility and onboard chartered ice-class vessel MV Vasiliy Golovnin by mid-January 2022.

About National Centre for Polar & Ocean Research (NCPOR)
Director – M.Ravichandran
Headquarters – Vasco-da-Gama, Goa
About Ministry of Earth Sciences 
Union Minister – Jitendra Singh
Headquarters – New Delhi, Delhi
>>Read Full News

BOOKS & AUTHORS

“Shuttler’s  Flick: Making Every Match Count” – Autobiography of Pullela Gopichand

A Book titled ‘’Shuttler’s Flick: Making Every Match Count’’ co-authored by  Pullela Gopichand & Priya Kumar and published by Simon & Schuster was released on November 12, 2021.

  • This is the autobiography of the former badminton player and Chief National Coach for Indian Badminton team, Pullela Gopichand.
  • The book consists of life experience, challenge and success of the life of Pullela Gopichand.

About  Pullela Gopichand:
i.Pullela Gopichand was born on November 6, 1973. He won the All England Open Badminton Championship in 2001 becoming the second Indian to achieve this victory after Prakash Padukone.
ii.In 2008, he founded the Pullela Gopichand Badminton Academy where he has trained world-class badminton champions.
iii.He has served as the official Indian Olympic Badminton Team Coach at the 2016 Rio Olympics.
Awards– Padma Shri, Padma Bhushan (2014), Arjuna (1999), Dronacharya (2009), Rajiv Gandhi Khel Ratna (2001) and Rashtriya Khel Protsahan awards.
About Priya Kumar:
Famous books–  ‘’License to Live’’ and ‘’I Will Go with You’’ .

IMPORTANT DAYS

National Newborn Week 2021 – November 15 – 21National Newborn Week 2021National Newborn Week is annually observed across India from 15th to 21st November to highlight the importance of newborn health as a vital area of the health sector and about the importance of the newborn case for child survival and development
The theme of National Newborn Week 2021 is “Safety, Quality and nurturing Case-Birth Right of every newborn”. 

  • The theme aims to ensure that every newborn is supported with quality health care at all service delivery platforms such as facility, community outreach and homes.

Significance:
The reduction of newborn mortality rate and the week-long observance dedicated to creating awareness about newborn health was conceptualised by former Prime Minister Atal Bihari Vajpayee.
>>Read Full News

UN observed International Day for Tolerance on November 16International Day for Tolerance 2021The ‘International Day of Tolerance’ is annually observed by the United Nations (UN) on the 16th of November. The day marks the signing of the ‘Declaration of Principles of Tolerance‘ by the United Nations Educational, Scientific and Cultural Organization (UNESCO), on 16th November 1995.

  • 1995 also marked the 125th anniversary of Mahatma Gandhi’s birth paving the way for the proclamation of November 16, as the International Day for Tolerance by the UN.
  • Marking Mahatma Gandhi’s 125th Birth anniversary, the UN also observed 1995 as the ‘International Year of Tolerance’.

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

National Press Day 2021 – November 16 national press day 2021The National Press Day is annually observed across India on November 16th to mark the presence of an independent and responsible press in India. The day also aims to highlight the importance of the independent press, the 4th pillar of democracy.

  • The National Press Day marks the day on which the Press Council of India(PCI) came into effect in 1966.

Background:
i.The first Press Commission (1954) concluded that a statutory authority body with people connected with the industry should be created to maintain professional ethics in journalism.
ii.This led to the creation of the Press Council of India(PCI) which was established on 4th July 1966 under the Press Council Act of 1978. It came into effect on 16th November 1966. 
iii.Justice J.R Mudholkar (then a Judge of Supreme Court) was appointed as the first Chairman of PCI.
About Press Council of India(PCI):
Chairman- Justice Chandramauli Kumar Prasad
Headquarters– New Delhi, Delhi
>>Read Full News

World Neuroendocrine Tumors (NET) Cancer Day 2021 – November 10 World NET Cancer Day 2021World Neuroendocrine Tumor (NET) Cancer Day is annually observed across the globe on November 10th to create awareness about Neuroendocrine Tumor (NET), a very rare form of cancer that erupts in the pancreas, abdomen, bowel, lungs, or reproductive organs.
World NET Cancer Day is coordinated by the International Neuroendocrine Cancer Alliance (INCA). 
The campaign of World NET Cancer Day 2021 focuses on educating the general public & healthcare professionals to “Know the Symptoms. Push for Diagnosis”. 
Symbol:

The zebra print ribbon is the emblem for neuroendocrine tumors including carcinoid cancer, Ehlers-Danlos Syndromes, and awareness of other rare diseases.

  • Zebra is the mascot of the NET Cancer community.

Note:
The NET cancer community has chosen Zebra as its international symbol since the animal refers to rare disease or condition by the medical community.
Background:
i.In 2010, the World NET Community Steering Committee proclaimed 10th November of every year as the Worldwide NET Cancer Awareness Day.
ii.The event eventually became known as World NET Cancer Day.
Neuroendocrine Tumors (NET) Cancer:
i.NET Cancer is frequently misdiagnosed since it is mistaken for anxiety, asthma, diabetes, or Irritable Bowel Syndrome (IBS).
ii.Neuroendocrine cancer is cancer that starts in neuroendocrine cells. There are 2 main types:

  • Neuroendocrine Tumors (NETs)
  • Neuroendocrine Carcinomas (NECs).

About International Neuroendocrine Cancer Alliance (INCA):
INCA represents 28 member organizations from 23 countries
President– Catherine Bouvier
Incorporated in 2013
Headquarters– Boston, Massachusetts, United States

First Audit Diwas – 16th November 2021First Audit Diwas November 16The Comptroller and Auditor General (CAG) of India observed the first ever Audit Diwas on 16th November 2021 at the CAG office premises, Delhi. The Audit Diwas is observed to mark the historic origin of the institution of CAG in 1860.
The day also highlights the contribution of CAG towards governance, transparency and accountability.
Key People:
Prime Minister (PM) Narendra Modi and Girish Chandra Murmu, CAG of India addressed the event organised as a part of the first ever Audit Diwas.
Highlights:
During the event of the first Audit Diwas, PM Modi inaugurated a statue of Sardar Vallabhbhai Patel at the CAG office, Delhi.
History of CAG of India:
i.The origin of the CAG of India dates back to 1860, The Indian Audit and Accounts Department (IA & AD) is one of the oldest departments in the Government of India.
ii.It was formed on 16th November 1860 with Edmund Drummond as the first Auditor General of India.
iii.In 1950, when the constitution of India came into force, the Auditor General was re-designated as Comptroller and Auditor General of India.
Appointment of CAG: 
i.CAG of India shall be appointed by the President of India by a warrant under his hand and seal.
ii.The CAG of India can only be removed from office by the order of the president passed after an address by each House of parliament.

  • The duties and power of CAG are defined under the CAG’s (Duties, Power and Conditions of service) Act enacted in 1971 and its authority are derived from ‘Article 149 to151’ of the Constitution.

About The Comptroller and Auditor General (CAG) of India:
CAG of India– Girish Chandra Murmu
Head office– New Delhi, Delhi

STATE NEWS

Punjab Govt Launched Punjab Career Portal for Students Punjab govt launches career portal for studentsPargat Singh, Education Minister of Punjab has launched a Punjab Career Portal with an aim to provide professional career guidance to school and college students of Punjab. The major reason for unemployment in Punjab is the inability of the students to choose the correct career option.
The state education department has launched the portal in association with United Nations Children’s Fund(UNICEF) India.
The technical partner for the career portal for Punjab is Aasman Foundation. 
Objective: 

  • To offer professional guidance to the students and enable them to get opportunities with their capabilities.
  • To provide information on employment opportunities in the state.

Features:
i.As a part of the several initiatives undertaken by the department of education, the portal will play a major role in guiding the students on various online courses, scholarship, and vocations.
ii.The portal will enable the students to get the essential information on career counselling, courses, and scholarship sectors.
About Punjab:
Chief Minister– S Charanjit Singh Channi
Dance– Giddha; Bhangra; Jhoomer
RAMSAR Sites– Beas Conservation Reserve; Keshopur-miani Community Reserve

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S.no Current Affairs 17 November 2021
1 3rd Trilateral Maritime Exercise ‘SITMEX-21’ held between India, Singapore and Thailand in Andaman Sea
2 PM Modi launches ‘Ration Aapke Gram’ scheme & ‘Sickle Cell Mission’ in Madhya Pradesh
3 Fisheries Minister Parshottam Rupala Launches ‘Nationwide AHDF KCC campaign’
4 India’s first Food Museum launched in Thanjavur,TN by Union Minister Piyush Goyal
5 6th India France Joint Military Exercise Ex-Shakthi 2021 Commences at Frejus
6 Sidbi launches 2nd window of Swavalamban Challenge Fund with ‘Green Bharat’  as Prioritised Theme
7 RBI Introduced Internal Ombudsman Mechanism for NBFCs
8 Paytm Money launches AI-powered ‘Voice Trading’
9 Blockchain Feeder Fund gets nod from SEBI
10 Kotak Mahindra Bank, PVR Launches Co-Branded Movie Debit Card
11 Karnataka Bank Launched CASA Campaign and KBL Current Account–Premium Scheme
12 ‘Karnataka Vikas Grameena Bank’ gets ASSOCHAM award for Best Digital Financial Services
13 UN Secretary General appoints Shombi Sharp as UN Resident Coordinator in India
14 CCI Approved Acquisition of 71.25% Shareholding of ASKIM Ltd by BCP TopCo XII Pte Ltd
15 India launches 41st Scientific Expedition to Antarctica
16 “Shuttler’s  Flick: Making Every Match Count” – Autobiography of Pullela Gopichand
17 National Newborn Week 2021 – November 15 – 21
18 UN observed International Day for Tolerance on November 16
19 National Press Day 2021 – November 16
20 World Neuroendocrine Tumors (NET) Cancer Day 2021 – November 10
21 First Audit Diwas – 16th November 2021
22 Punjab Govt Launched Punjab Career Portal for Students across the State