Current Affairs viable of 23 November 2022

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Daily GK Current Affairs News is viable on 23 November 2022. – Here are the Regular current affairs viable of 23 November 2022 covering the following news headlines: 53 hours Challenge, SARAS AAJEEVIKA MELA 2022, UNESCO-India-Africa Hackathon 2022, Karnataka Vikas Grameena Bank.

Daily Current Affairs updates are incorporated with the important news that made the current affairs headlines for competitive exams. Daily Current Affairs Update is the complete box of important news that is held all day long. One should have complete knowledge of banking terms, current affairs news, etc.

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Table of Contents

Here current affairs have been categorized which is as follows

International News
National News
State News
Bankings News
Business News
Sports News
Obituaries News

International News

Canada’s Brampton city gets first turbaned Sikh Harkirat Singh as deputy mayor

The city of Brampton in Canada got its first turbaned Sikh deputy mayor with the appointment of Harkirat Singh. Harkirat Singh, representing Ward 9 and 10, has been appointed as the Deputy Mayor from 2022-26.
The Deputy Mayor presides over council and other committee meetings and assumes ceremonial and civic event duties on behalf of the Mayor during the Mayor’s absence or unavailability.
There are 18 Sikh members in the current Parliament of Canada. Currently, Harjit Sajjan and Bardish Chaggar are two Sikhs who are ministers in the Justin Trudeau government in Canada. Prior to his role as councilor, he served a four-year term as a school trustee on the Peel District School Board.

Russia Replaces China to Become the Biggest Supplier of Fertilizers to India

Russia has become India’s biggest fertilizer supplier for the first time. Russian exporters reportedly grabbed a 21% share of the Indian fertilizer market in the first half of the 2022-23 fiscal year, overtaking China, previously India’s largest supplier.
Russian exports reportedly surged 371%, to a record 2.15 million tons from April to October. In monetary terms, India’s imports over this period increased by 765%, to $1.6 billion. Russia’s share of Indian fertilizer imports was hovering around 6% during the last fiscal year, while China’s stood at 24%. In the first half of 2022-23, China’s exports to India halved to 1.78 million tons amid growing Russian supplies.
Global prices for fertilizers jumped in March after the US, the EU and allied states introduced sanctions against fertilizer supplies from Russia and Belarus. While Western countries have since backtracked on the ban, Russia has found new markets, mostly in Asia, for its exports.

National News

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Union Minister Anurag Singh Thakur launched the ’53 hours Challenge’

Union Minister for Information and Broadcasting and Youth Affairs and Sports Anurag Singh Thakur has inaugurated the ’53 Hours Challenge’ for ’75 Creative Minds Tomorrow’.
This is the second edition of 75 Creative Minds of Tomorrow and we have already built a community of 150 strong individuals through our shared love for cinema, creativity, and culture.
The contest will challenge the winners of ’75 Creative Minds for Tomorrow’ to produce a short film on their Idea of India@100 in 53 hours. It is operated by the National Film Development Corporation (NDFC).

Giriraj Singh Inaugurated SARAS AAJEEVIKA MELA 2022 at New Delhi

Union Minister for Rural Development and Panchayati Raj Shri Giriraj inaugurated the “SARAS AAJEEVIKA MELA, 2022” at Pragati Maidan, New Delhi. Shri Singh informed that the Ministry of Rural Development has received over 60,000 applications from 3 states for start-up ventures in niche products and crafts areas.
Shri Singh informed that it was Prime Minister Shri Narendra Modi, who launched StartUp India from the ramparts of Red Fort in 2015, and now we have more than 80,000 start-ups from 400 odd start-ups in 2014.
India ranks 3rd in the world in terms of the start-up ecosystem and there are over 100 unicorns active in the country.
Women of SHG Members will have their start-ups as the proposals are under active consideration by the ministry.
The Rural Development Minister informed that NRLM has been undertaking several efforts in supporting businesses run by rural SHG women that are engaged in producing food products, handicrafts, handloom, etc.
As part of the efforts to connect producers to markets, NRLM and SRLMs have taken steps to promote curated products from SHGs and SHG member entrepreneurs through multiple channels such as Saras Gallery, State-specific retail outlets, e-Commerce platforms like GeM, Flipkart, and Amazon.

State News

UP chief minister Yogi Adityanath inaugurates the UNESCO-India-Africa Hackathon 2022

Uttar Pradesh Chief Minister Yogi Adityanath inaugurated the UNESCO-India-Africa Hackathon 2022 at Gautam Buddha University in Greater Noida, Uttar Pradesh.
The hackathon is organized by the Union Ministry of Education and students from 22 African countries are participating in this hackathon. As many as 603 students are participating in the UNESCO India-Africa Hackathon event, they will be engaged in coding for 36 hours to find technology-based solutions to prevalent issues in the fields of education, agriculture, health, energy, and drinking water.

Tamil Nadu: Anamalai Tiger Reserve launched ‘jumbo trails’ in Coimbatore

Annamalai Tiger Reserve (ATR) has launched ‘Jumbo Trails’ in Coimbatore, Tamil Nadu, with an aim to educate visitors to the tiger reserve about the elephants, flora, and fauna of the ATR and the aboriginal tribes living in the hills. ATR field director S. Ramasubramanian and Deputy Director (Pollachi Division) Bhargav Teja, the first Jumbo Trail will take place on November 26.
According to Assistant Conservator of Forests V. Selvam, the jumbo trails start from ‘Anamalaiyagam’, a newly-established forest interpretation center at Sethumadai. The program is organized by the Advanced Wildlife Management Training Center (Attakatti) and implemented by the Keelpunachi Eco Development Committee.

Bankings News

ICICI Bank Launches New Products for NRIs at Its GIFT City Branch

Private sector lender, ICICI Bank has launched two new products – loan against deposits(LAD) and dollar bonds – for non-resident Indians at its GIFT City branch in Gujarat. The bank is the first to offer these products in GIFT City.
Loan against Deposits (LAD): LAD resembles a loan in foreign currency against a deposit in India (including Rupee NRE FDs). The customers can avail LAD for their short-term cash requirement without having to prematurely close their Term Deposits and thereby avoid paying a penalty for breaking the deposit. They can avail up to 95%* of their deposit value. With a simple documentation process, customers can get flexible tenure with fixed or floating interest rates.
Dollar Bonds: It is an alternate investment option for NRIs, where they can book dollar bonds through ICICI Bank in GIFT City. The Bank offers a cohort of over 50 marquee issuers/companies for these bonds.
Global Current Account: This is a non-interest-bearing account that does not require any minimum balance. It helps NRIs to deposit money in India in foreign currencies such as USD, EUR, and GBP.
Global Savings Account: NRIs can deposit money for the short term and earn interest in this savings account.
Term Deposits: They are similar to Foreign Currency Non-Resident (FCNR) deposits with a minimum lock-in period of seven days compared to one year for FCNR in India. Customers can deposit in currencies such as USD, EUR, and GBP.

KVG Bank gets the award for Atal Pension Yojana enrolment

Karnataka Vikas Grameena Bank (KVGB) has received the National Award from Pension Fund Regulatory and Development Authority (PFRDA) for significant enrollment under Atal Pension Yojana (APY). So far, the Bank has enrolled 3,34,687 (cumulative) accounts under APY. During 2022-23, the bank enrolled 69,132 accounts against the target of 50,320.
Specifically: The Pension Fund Regulatory and Development Authority is the regulatory body under the jurisdiction of the Ministry of Finance, Government of India, for the overall supervision and regulation of pensions in India.
Against the target set by PFRDA of 80 accounts per branch on average, the bank has achieved 110 accounts on average. This achievement is the highest among all other banks in South India. Presently, the bank has 629 branches in nine districts from Vijayapura to Mangaluru.

Business News

National Payments Corporation of India in Talks With RBI on Volume Cap Deadline

The National Payments Corporation of India (NPCI), which runs the UPI digital pipeline, is in talks with the Reserve Bank on the implementation of its proposed deadline to limit the volume cap of players to 30 percent.
NPCI operates the UPI digital pipeline. Currently, there is no cap on volume, and Google Pay and PhonePe have a market share of around 80 percent.
In November 2022, NPCI proposed a 30 percent volume cap for third-party app providers (TPAPs). The proposal was made to avoid the concentration risk. However, existing TPAPs such as PhonePe and Google Pay were given two more years to comply with the orders.

India, China Leads as Global Intellectual Property Filings Reached New Records in 2021

Global intellectual property filings- of patents, trademarks, and designs-reached record levels in 2021 driven largely by increases from Asian countries of India, China, and South Korea according to the World Intellectual Property Organisation (WIPO).
Strong growth in local patent filings in India (+5.5 percent), China (+5.5 percent), and the Republic of Korea (+2.5 percent) drove the global growth in patent applications in 2021, propelling the share of Asian filings to cross the two-thirds threshold, the report said.
Local patenting activity in the U.S. (-1.2 percent), Japan (-1.7 percent), and Germany (-3.9 percent) declined in 2021.
The WIPO’s World Intellectual Property Indicators (WIPI) report showed that innovators around the world filed 3.4 million patent applications in 2021, up 3.6 percent from the previous year with offices in Asia receiving 67.6 percent of all applications worldwide.

Sports News

Manika Batra: First Indian woman to win a medal at Asian Cup Table Tennis

Manika Batra, the Indian table tennis player, became the first Indian woman to win a medal in the Asian Cup table tennis tournament. Manika defeated world number 6 Hina Hayata of Japan in the Asian Cup 2022 women’s singles bronze medal match in Bangkok, Thailand. Union Minister Kiren Rijiju lauded Manika Batra for her performance and stupendous achievement.
In the medal match, Manika Batra defeated Hina Hayata 4-2.
Manika Batra led the match 2-1 but Hayata looked set to level the match with a 10-6 lead in the fourth game.
He took 6 points and successfully swung the momentum in his favor.

Novak Djokovic Won the 6th ATP Finals Singles Title

Novak Djokovic defeated Norway’s Kasper Ruud to win the sixth ATP Finals singles title. Novak Djokovic beat his opponent 7-5, 6-3 to win a historic $4.7 million prize. Novak Djokovic has equaled Roger Federer’s record of winning six ATP titles.
The ATP Finals is the season-ending championship of the ATP Tour. It is the most important event in the annual ATP calendar after the four Majors as it features the top-eight singles players and top-eight doubles teams based on their results throughout the season.

India Won 25 out of 28 Golds at the 15th Asian Airgun Championships

India ended their campaign at the 15th Asian Championships in South Korea with 25 gold medals. Indian pair Manu Bhaker and Samrat Rana won the 10-meter Junior Air Pistol Mixed Team event.
Bhaker and Rana in the qualification shot 578 shots to finish second against Uzbekistan pair Nigina Saidkulova and Mukhammad Kamalov.
The Indian duo Sangwan and Vijyaveer Sidhu clinched the yellow metal in the corresponding senior event.
Sangwan and Vijyaveer completely outshot Kazakhstan duo Valeriy Rakhimzhan and Irina Yunusmetova.
They have topped the qualification round with a score of 579 with the Kazakhs finishing second with 577.
India won 25 out of the 28 events in the 15th Asian Championships in South Korea.

Sebastian Vettel retired from Formula One racing

German racing driver Sebastian Vettel has retired from Formula One racing. Vettel won four Formula One World Championships competing for Red Bull between 2010 and 2013 and had previously spent six seasons with Ferrari.
Sebastian Vettel finished 10th at the Abu Dhabi Grand Prix, the last of his career. Before the race, Vettel received a guard of honor from his fellow competitors.

Obituaries News

Rasna founder Areez Pirojshaw Khambatta passes away

The founding chairman of the popular drink Rasna, Areez Pirojshaw Khambatta has passed away. The 85-year-old industrialist was suffering from a prolonged illness.
Decades back, his father Phiroja Khambatta started a modest business which Areez took to being the largest concentrate manufacturer in the world, with a presence in over 60 countries.
He created affordable soft drink packs of Rasna in the 1970s as an alternative to soft drink products sold at high costs. It is sold at 1.8 million retail outlets in the country.
Rasna, which is now the world’s largest gentle drink focus producer, still enjoys a high recall, and the brand’s “I love you Rasna” campaign of the 80s and 90s still resonates in the minds of people.

Former Indian football captain Babu Mani passes away at 59

Babu Mani, who was an integral part of the Indian football team in the 1980s, passed away after a prolonged battle with liver-related issues. He was 59 years old. He represented India in 55 international matches and was part of the first Indian team to qualify for the AFC Asian Cup in 1984.
Babu Mani made his debut for India against Argentina in Kolkata during the 1984 Nehru Cup and went on to play 55 matches for the country. He was also part of the first Indian squad to qualify for the Asian Football Confederation (AFC) Asian Cup in 1984 and went on to play in the tournament in Singapore.

Zorba, the first dog of the anti-poaching dog’s squad K9, passes away

India’s first dog to be deployed for tracking down poachers, Zorba has passed away of old age in Guwahati. The 12-year-old male Belgian Malinois was a member of ‘K9’, the nation’s first dog squad to fight wildlife crime. Zorba was the first dog of the squad and he was credited with helping law enforcement authorities nab over 60 poachers. He was given a teary farewell by wildlife activists and was buried.
Zorba retired from service in 2019 and was honored for his services with a traditional Assamese ‘gamosa’ and a citation on Independence Day this year.
He served mostly in the Kaziranga National Park from 2012 till his retirement and assisted authorities to nab people involved in rhino poaching. He was also deployed in other national parks on several occasions.

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