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Daily Current Affairs 22nd November 2023 Daily GK Update
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National News
IFFI 2023: Rajkumar Hirani to head jury panel for best web series award
- Filmmaker Rajkumar Hirani will serve as the head of the five-member jury for the best web series (OTT) award at the International Film Festival of India (IFFI).
- Actors Divya Dutta, Prosenjit Chatterjee, and filmmakers Krishna DK and Utpal Borpujari are part of the jury panel for the inaugural category.
- This year, the Ministry of Information and Broadcasting announced the addition of the new award category — best web series (OTT) award — to the 54th edition of the film extravaganza that will be presented to a show for its “artistic merit, storytelling excellence, technical prowess, and overall impact”.
- A total of 32 entries across 10 languages from 15 OTT platforms have been selected for the inaugural Best Web Series award. The winning series will receive a certificate and a cash prize of Rs 10 lakh.
- British film “Catching Dust” will open IFFI and American film “The Featherweight” will close the gala on November 28.
Ministry of Toursim: International Tourism Mart at Shillong
- The Ministry of Tourism, Government of India has organized the 11th edition of the International Tourism Mart at Shillong, Meghalaya.
- The International Tourism Mart is an annual event held by the Ministry in one of the North Eastern States on a rotation basis.
- Event to provide a platform to create awareness about tourism potential of North East Region.
- It provides a platform for North Eastern stakeholders to interact with their counterparts from both within the country and overseas markets.
- This event has also been planned as a Green Event by adopting low-carbon options along the lines of the action points formulated by Environment Ministry for the implementation of Mission LiFE. There will be no use of Single Use Plastic, and a digital and paperless route will be followed as well as a tree plantation drive will be undertaken.
Bengaluru tops in women-led startups
- The Karnataka capital is home to 1,783 women-led startups, followed by Mumbai and Delhi at 1,480 and 1,195 respectively, according to data from startup data platform Tracxn.
- Noida, Kolkata, and Ahmedabad took the eighth, ninth, and tenth spots with 324, 184, and 181 women-led startups respectively.
- With more than 61,400 startups, India’s startup ecosystem has added more firepower to become the third-largest hub globally after the US and China.
- Bengaluru has been one of the top startup ecosystems in India that has catalysed risk-taking among entrepreneurs with a conducive policy framework. But the gender divide is still stark. A slew of initiatives from incubation programmes, grants and fellowships offered to women-founded startups are trying to address the gender gap.
- Tracxn counts Zomato, Byju’s, Ofbusiness, Upstox, Lenskart and Open among the top 10 women-led startups in the country.
- The funding landscape for women-led companies showed a significant surge in the number of rounds, rising from 171 in 2014 to 460 in 2022. However, in 2023, the number of rounds dropped to 185. The funding into women-led startups has decreased from 183 startups in 2014 to a mere 7 this year
- The number of women-led unicorns from 2008 to 2018 was 14, the data showed. Bengaluru-based neobank Open, which became the 100th unicorn, has two women co-founders — also its COO Mabel Chacko and CFO Deena Jacob. Nykaa, Mamaearth, Hasura, Pristyn Care, OfBusiness, Mobikwik, The Good Glamm Group, and Livspace are the other Indian unicorns with at least one women co-founder.
7th edition of Bengal Global Business Summit (BGBS) kicks off
- The 7th edition of the two-day Bengal Global Business Summit (BGBS) kicks off with business leaders from more than 25 countries in Kolkata.
- A host of prominent figures of corporate India as well as political dignitaries are attending the event.
- The participating countries include the US, UK, Japan, Poland, France, Australia, Germany, Malaysia, Bangladesh, and Fiji to name a few.
- Agri and allied industries including Blue Economy, Transport, Power, Urban Infrastructure and Planning, Creative Economy, Higher Education, School Education, Technical Education, Tourism, Health, IT & ITeS, International Trade and Logistics, Manufacturing and Industries that includes MSME and Textiles and Engineering, Plastics, & Chemicals are the focus sectors of this edition’s BGBS.
Banking and Financial
Karnataka Bank ties up with HDFC Life to offer life insurance products
- Karnataka Bank has entered into a corporate tie-up with HDFC Life to offer life insurance products to its customers.
- This collaboration aligns with our commitment to enhancing the suite of financial products and services available as a choice to our customers.
- It reflects our dedication to providing holistic financial solutions through our wide distribution and digital network and ensuring the well-being and security of our customers and their families.
About Karnataka Bank
- Founded- 18 February 1924
- Headquarters– Mangalore, Karnataka
- MD & CEO – Srikrishnan Hari Hara Sarma
Recent MoU in Banking Sector
- Axis Bank signed MoU with IRMA to promote financial inclusion and literacy in India
- Kotak Bank partnered with NeSL to issue electronic Bank Guarantee
- IndusInd Bank partnered with Viamericas to enhance Fast Remit platform
- Karnataka Bank launches “Doorstep Gold loan facility” with SahiBandhu
- REC signs MoU with PNB to co-finance infrastructure projects
SEBI unveiled Investor Risk Reduction Access platform
- Chairperson of the Securities and Exchange Board of India (SEBI), Madhabi Puri Buch has launched the Investor Risk Reduction Access (IRRA) platform at the Bombay Stock Exchange (BSE).
- Risk Mitigation in financial markets is an evergreen subject and constant efforts are made by regulators to address risks of various kinds.
- The IRRA platform is one such initiative conceptualized and implemented by Market Infrastructure Institutions (MIIs) under the guidance of SEBI to reduce risks faced by investors in the eventuality of technical glitch at Trading Member end at both Primary site and Disaster Recovery site.
About Securities and Exchange Board of India (SEBI)
- Founded – 12 April 1988
- Act – 1992
- Headquarters – Mumbai
- Chairman – Madhabi Puri Buch
- SEBI Set up – Uday Kotak committee
Recent Facilities Launched in Banking & Insurance Sector
- SEBI unveiled Investor Risk Reduction Access platform
- Federal Bank introduces UPI lite for small-value digital payments
- SIDBI launches ‘Sumpoorn’ MSME Economic Activity Index with Jocata
- HSBC India launches e-bank guarantee services for MSMEs
- AU Small Finance Bank launches ‘Planet First-AU Green Fixed Deposit’
Appointment
Luc Frieden sworn in as PM of Luxembourg
- Luc Frieden has officially been sworn in as Luxembourg’s prime minister, along with members of his new CSV-DP government.
- The rest of the cabinet took charge of their respective ministries over the course.
- The coalition holds a majority of 35 seats in the 60-seat Luxembourg parliament.
- Luc Frieden, having served as the finance minister, will ascend to the position of prime minister, steering the nation through the challenges and opportunities that lie ahead.
About Luxembourg
- Capital- Luxembourg
- Currency- Euro (€)
- Official languages- Luxembourgish, French, German
- Prime Minister- Luc Frieden
Newly Appointed Prime Minister & President
- Prime Minister of Spain – Pedro Sanchez (re-elected)
- Prime Minister of Slovakia – Robert Fico (4th time)
- President of Ecuador – Daniel Noboa
- President of Gabon – Gen Brice Oligui
- President of Singapore – Tharman Shanmugaratnam (Indian origin)
Vinay Tonse appoints as MD of SBI
- The Government of India has appointed Vinay M. Tonse as the Managing Director of the State Bank of India until November 30, 2025.
- Earlier in September, the Financial Services Institutions Bureau (FSIB), the headhunter for directors of state-owned banks and financial institutions recommended Tonse for the said post, who currently serves as the deputy MD of the state-owned bank.
- The post fell vacant in June after the appointment of Swaminathan Janakiraman as Deputy Governor of the Reserve Bank.
- RBI deputy governor Swaminathan was MD corporate banking and subsidiaries in charge of SBI’s large corporate and commercial credit businesses, as well as subsidiaries of the bank.
About State Bank of India (SBI)
- Founded – 1 July 1955
- Headquarters – Mumbai, Maharashtra
- Chairman – Dinesh Kumar Khara
- Tagline – (1) Pure Banking Nothing Else
(2) With you all the way
(3) A bank of the common man
(4) The banker to every Indian
(5) The Nation banks on us
Recent Appointment in Banking & Insurance Sector
- Director of Jio Financial Services – Isha Ambani, Anshuman Thakur, and Hitesh Kumar Sethia
- MD & CEO of Kotak Mahindra Bank – Ashok Vaswani (replace Dipak Gupta)
- Executive Director of Bank of Maharashtra – Rohit Rishi (replace Asheesh Pandey)
- Executive Director of RBI – Manoranjan Mishra
- MD & CEO of Kotak Mahindra Bank – Ashok Vaswani
Acko appoints R Madhavan as its brand ambassador
- The insurtech company Acko has introduced its latest collaborator and ambassador actor R Madhavan.
- Madhavan’s role at Acko is to be more than just a recognizable face – he will be the ‘voice of customer’ in the realm of insurance.
- This partnership signifies a welcome shift in the way consumers have been perceiving and navigating insurance, a sector that has been operating at a trust deficit in India.
- The move is a departure from the days of uncertainty and skepticism, and Acko wants to ensure that its customers can rely on the brand for a transparent and dependable insurance experience.
Recent Brand Ambassador
- R Madhavan – The insurtech company Acko
- Pankaj Tripathi – UPI Safety Ambassador
- MS Dhoni – State bank of India
- Katrina Kaif – Swiss Watchmaker ‘Rado’
- Chetan Bhagat – Henry Harvin Education
- Mahendra Singh Dhoni – Lay’s
- Mohammed Shami – Sports brand Puma
- Neeraj Chopra – Laureus Ambassador
Defence
INDIA-USA joint exercise Vajra Prahar commences in Umroi
- 14th Edition of the Indo-US Joint Special Forces exercise “VAJRA PRAHAR 2023” commenced at the Joint Training Node, Umroi.
- The US contingent is represented by personnel from the 1st Special Forces Group (SFG) of US Special Forces. The Indian Army contingent is led by Special Forces personnel from the Eastern Command.
- Exercise VAJRA PRAHAR is a joint exercise conducted between Indian Army and US Army Special Forces. It aims at sharing best practices and experiences in areas such as joint mission planning and operational tactics.
- The first edition was conducted in the year 2010 in India and the 13th edition of the Indo-US Joint Special Forces exercise was conducted at the Special Forces Training School (SFTS), Bakloh (HP).
- The current edition is being conducted in Umroi Cantonment, Meghalaya from 21st November to 11th December 2023.
Recent Exercise
- 9th edition of Mitra Shakti 2023 between India and Sri Lanka – Aundh, Pune
- 7th edition of ‘Exercise KAZIND-2023’ between India and Kazakhstan – Otar, Kazakhstan
- Coastal Security Exercise Sagar Kavach – Andhra Pradesh, Tamil Nadu, Puducherry
- Cambrian Patrol 2023 Military Exercise in UK – Indian Army won gold medal
- Indian Navy hosts HADR CHAKRAVAT Exercise 2023 – Goa
Sports
Max Verstappen won the Las Vegas Grand Prix 2023
- Max Verstappen emerged on top at the end of an action-packed Las Vegas Grand Prix, beating Ferrari rival Charles Leclerc and Red Bull teammate Sergio Perez.
- Max Emilian Verstappen is a Belgian and Dutch racing driver and the 2021, 2022, and 2023 Formula One World Champion.
Recent Grand Prix Winner
- Brazilian Grand Prix 2023- Red Bull’s Max Verstappen (Netherlands)
- Sao Paulo Grand Prix 2023- Red Bull’s Max Verstappen (Netherlands)
- Italian Grand Prix 2023 – Red Bull’s Max Verstappen (Netherlands)
- Dutch Grand Prix 2023 – Red Bull’s Max Verstappen (Netherlands)
- Hungarian Grand Prix 2023 – Red Bull’s Max Verstappen (Netherlands)
- British Grand Prix 2023 – Red Bull’s Max Verstappen (Netherlands)
- Austrian Grand Prix 2023 – Red Bull’s Max Verstappen (Netherlands)
- Canadian Grand Prix 2023 – Red Bull’s Max Verstappen (Netherlands)
- Spanish Grand Prix 2023 – Red Bull’s Max Verstappen (Netherlands)
- Monaco Grand Prix 2023 – Red Bull’s Max Verstappen (Netherlands)
- Miami Grand Prix 2023 – Red Bull’s Max Verstappen (Netherlands)
- Australian Grand Prix 2023 – Red Bull’s Max Verstappen (Netherlands)
- Bahrain Grand Prix 2023 – Red Bull’s Max Verstappen (Netherlands)
- Japanese Grand Prix 2023 – Red Bull’s Max Verstappen (Netherlands)
- Saudi Arabian Grand Prix 2023 – Red Bull’s Sergio Pérez (Mexico)
- Azerbaijan Grand Prix 2023 – Red Bull’s Sergio Pérez (Mexico)
- Singapore Grand Prix 2023 – Ferrari’s Carlos Sainz (Spain)
Important day
21 November – World Television Day
- World Television Day is observed every year on 21 November.
- Television plays a crucial role in our lives and our homes are incomplete without it. It is a source of entertainment and information that enriches our lives.
- The first electric television was introduced in 1927 by Philo Taylor Farnsworth. He was an American inventor who made the television.
- Later, in 1996, the United Nations General Assembly (UNGA) officially announced that World Television Day would be celebrated on 21 November, every year.
Obituary
Former Head of ‘Soka Gakkai’ Daisaku Ikeda passed away
- In Japan, the former head of the largest religious Buddhist organization ‘Soka Gakkai’, Daisaku Ikeda passed away. He was 95.
- Over several decades, Ikeda developed connections with the ruling Liberal Democratic Party (LDP) and bacame an ally of the government. Ikeda increased the organization’s global popularity which is based on the teachings of the 13th-century Japanese priest Nichiren.
- With 12 million members worldwide, Soka Gakkai is a global community-based Buddhist organization that promotes peace centered on respect for the dignity of life. is well-known for its celebrity connections.
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