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Daily Current Affairs: 29 November 2022| Gkseries

Current Affairs is the most important area in all competitive exams. But the difficulty level is very high. That’s why; many aspirants get confused, how to select Current Affairs for Preparation of Competitive Examination? In this Post, Daily Current Affairs 29 November 2022, we have tried to cover each and every point and also included all important facts from National/ International news that are useful for upcoming competitive examinations such as UPSC, SSC, Railway, State Govt. etc.

Current Affairs for Competitive Exam – 29 November 2022

International Day of Solidarity with the Palestinian People 2022: 29 November

International Day of Solidarity with the Palestinian People 2022: 29 November

International Day of Solidarity with the Palestinian People 2022: Every year on November 29, the International Day of Solidarity with the Palestinian People is celebrated. Since 1978, the United Nations has observed the day to express solidarity with the Palestinian people as the peace and settlement process remains stalled. The day’s goal is to raise awareness of the Palestinian people’s problems while also promoting a peaceful Palestine-Israel resolution.

November 2022 Current Affairs Quiz

International Day of Solidarity with the Palestinian People: Significance

Today, around 4.75 million Palestinians live in the Gaza Strip and the West Bank. These individuals live in poor conditions with a lack of proper sanitation, education, power and water. Individuals also live under the constant threat of Israeli counter-insurgency attacks. These attacks further galvanise the area’s youth towards extremist organisations, fueling the cycle of violence. The International Day of Solidarity with Palestinian People hopes to galvanise people into finding a permanent and peaceful resolution to the Israel-Palestine conflict where the Palestinian people are able to have national sovereignty.

International Day of Solidarity with the Palestinian People: History

In 1977, the General Assembly called for the annual observance of 29 November as the International Day of Solidarity with the Palestinian People. On that day in 1947, the Assembly adopted Resolution 181 (II) on the partition of Palestine.

On 1 December 2005, the Assembly requested the Committee on the Exercise of the Inalienable Rights of the Palestinian People and the Division for Palestinian Rights, as part of the observance of the International Day of Solidarity with the Palestinian People on 29 November, to continue to organize an annual exhibit on Palestinian rights or a cultural event in cooperation with the Permanent Observer Mission of Palestine to the UN.

The resolution on the observance of the International Day of Solidarity with the Palestinian People also encourages Member States to continue to give the widest support and publicity to the observance of the Day of Solidarity.

53rd edition International Film Festival of India concludes

53rd edition International Film Festival of India concludes

53rd edition International Film Festival: On November 28, 2022, the 53rd International Film Festival of India (IFFI) ended with a ceremony at the Dr Shyama Prasad Mukherjee Stadium near Panaji.  The 53rd edition of International Film Festival of India (IFFI) has concluded with Spanish film ‘I Have Electric Dreams’ directed by Valentina Maurel winning the prestigious ‘Golden Peacock’ for the best film of the festival. The IFFI’s closing ceremony took place at the Shyama Prasad Mukherjee indoor stadium in Taleigao, Goa.

November 2022 Current Affairs Quiz

Awardees in 53rd IFFI:

  • Spanish film ‘I Have Electric Dreams’ directed by Valentina Maurel winning the prestigious ‘Golden Peacock’ for the best film of the festival.
  • Vahid Mobasseri, lead actor of ‘No End’, was honoured with Silver Peacock for Best Actor (Male)
  • Daniela Marin Navarro, the lead actress in the Best Film ‘I Have Electric Dreams,’ receives the Silver Peacock Award for Best Actress (Female).
  • Iranian writer and director Nader Saeivar gets Silver Peacock for Best Director for No End,
  • Filipino filmmaker Lav Diaz bagged Special Jury Award for ‘When the Waves are Gone’.
  • Award for Best Debut Feature Film of a Director has been snatched by Asimina Proedrou for Behind The Haystack and Praveen Kandregula has received Special Mention for ‘Cinema Bandi’.
  • The coveted Satyajit Ray Lifetime Achievement Award was presented to celebrated Spanish film director Carlos Saura.
  • Actor Producer Chiranjeevi Konidela was conferred with the IFFI Indian Film Personality of the Year Award for 2022.

53rd IFFI: Key points

  • The nine-day festival, which featured 280 films from 79 countries, opened with Dieter Berner’s Austrian film ‘Alma and Oskar,’ and closed with Krzysztof Zanussi’s Polish film ‘Perfect Number.’ France was the ‘Spotlight’ country this year.
  • As many as 25 feature films and 19 non-feature films from India were showcased in the ‘Indian Panorama’ section, while 183 films will be a part of the international section.
  • The festival began with the film Alma and Oskar by Austrian director Dieter Berner and ended with the Polish film ‘Perfect Number’ by Krzysztof Zanussi.

International Film Festival of India (IFFI)

From January 24 to February 1, 1952, the first International Film Festival of India (IFFI) was held in Bombay (now Mumbai), Delhi, Calcutta (now Kolkata), and Madras (now Chennai). The Delhi leg was inaugurated by Prime Minister Jawaharlal Nehru. It was later held in different cities of the country. Since 2004, starting from the 35th edition, Goa has become the permanent venue of the International Film Festival of India (IFFI).  Every year, it is held in the months of November and December.

S&P Lowers India GDP Growth Forecast by 30 bps to 7% For 2022-23

S&P Lowers India GDP Growth Forecast by 30 bps to 7% For 2022-23

S&P Lowers India GDP Growth Forecast by 30 bps to 7% For 2022-23: Standard & Poor (S&P) Global Ratings cut India’s economic growth forecast for the current fiscal year ending March to 7 % as against 7.3 % projected earlier. S&P has also cut its 2023 growth forecast to 6% from 6.5% previously.  As a result, GDP growth for FY24 was reduced by 50 basis points to 6%. In 2021, the Indian economy will grow by 8.5%.

November 2022 Current Affairs Quiz

What The Agency Said:

“The global slowdown will have less impact on domestic demand-led economies such as India, Indonesia and Philippines. India’s output will expand 7 per cent in fiscal year 2022-2023 and 6 per cent in the next fiscal year,” S&P Global Ratings Asia-Pacific chief economist Louis Kuijs said.

The Biggest Predicament:

Soaring energy bills are dragging on current-account positions for net energy importers, especially if strong domestic demand boosts import volumes.

The agency had earlier retained its FY23 projection of 7.3% and stated that inflation would likely continue over 6% until the conclusion of the fiscal year. It expects 6.8% inflation in the current fiscal year, with the RBI’s target rate rising to 6.25% by March 2023. The central bank has raised the repo rate by 1.9% so far during the year to a three-year high of 5.9%.

About The Other Peer Economies:

In the first nine months of 2022, the trade balance of the Philippines shrank by about 6 per cent of GDP from a year ago. In Thailand, the drop was 5 per cent; in South Korea 4 per cent; and in India, the contraction was 3.6 per cent of GDP. This will likely lead to major current-account deficits in the Philippines and Thailand, and push the current-account balance of India into a sizable deficit, from a surplus in 2021.

China is not the world economy’s lone weak link. The other giant of Asia, India, also suffered a year-to-year decline in the value exports in October. At least India relies less on exports as an engine of growth than does China.

About The Forex Reserves:

Foreign reserves have fallen in Asian emerging markets, even after adjusting for valuation changes. In India, the decrease in foreign reserves of USD 73 billion through August was far and above losses attributable to valuation changes (USD 30 billion). This, it said, implies that the central bank has made sizable interventions to support the Indian rupee.

What The Others Are Saying:

In a report titled ‘APAC Outlook: A Coming Downshift’, Moody’s said India is headed for slower growth next year, in line with the country’s long-term potential. But investments and productivity gains in tech and agriculture could accelerate growth. Moody’s predicted that India’s growth rate will slow to 8% in 2022, then to 5% in 2023, down from 8.5% in 2021.

In its World Economic Outlook report released last month, the International Monetary Fund (IMF) predicted that global economic growth would drop to 3.2% in 2022 and 2.7% in 2023, down from 6% in 2021.

Rituraj Gaikwad smashes 7 sixes in an over to make world record

Rituraj Gaikwad smashes 7 sixes in an over to make world record

Rituraj Gaikwad smashes 7 sixes in an over to make world record: At the 49th over of Maharashtra’s Vijay Hazare Trophy quarter-final against Uttar Pradesh in Ahmedabad, Gujarat, Ruturaj Gaikwad struck a world record seven sixes. In the quarter-finals, Rituraj Gaikwad of Maharashtra became the first batsman in List-A cricket to hit 7 sixes in one over.  Gaikwad made this record against Uttar Pradesh in Ahmedabad. He remained unbeaten after scoring 220 runs off 159 balls. This is his first double century in List-A cricket, before that 187 not out was his best score. His sixth century in the past eight innings of the Vijay Hazare Trophy. In the 49th over of the innings, he scored 43 runs including 7 sixes on left arm spinner Shiva Singh.

November 2022 Current Affairs Quiz

On the first ball, Rituraj hit a six over long-on, on the second ball he also hit a straight six, on the third ball he hit a six on the leg side to complete the hat-trick, on the fourth and 5th ball he hit a six over mid-off, the 5th ball was also a no ball This is the most expensive over in List-A cricket, with a total score of 43 runs. Batsmen who have hit six sixes in an over include Sir Garfield Sobers, Ravi Shastri, Herschelle Gibbs, Yuvraj Singh, Ross Whiteley, Hazratullah Zazai, Leo Carter, Kieron Pollard and Thisara Perera.

Udaipur to Host First G20 Sherpa Meeting in India

Udaipur to Host First G20 Sherpa Meeting in India

Udaipur to Host First G20 Sherpa Meeting in India: Udaipur is gearing up to host the first G20 Sherpa Meeting in India from 4 to 7 December. The meeting is aimed at fostering growth and building bonds amongst the member nations. Among the highlights will be the depiction of Indian culture with wall paintings and illumination of heritage sites across the city.

November 2022 Current Affairs Quiz

More About This Development:

The G20 Sherpa meeting is expected to take place at the City Palace Udaipur’s Darbar Hall.  Accommodation for the delegates for this meeting is being planned at Fateh Prakash Palace, Hotel Udai Vilas, and Leela Palace. The Royal Dinner is expected to be held at Jag Mandir where the delegates will be treated to delicacies from the Indian cuisine as well as those of the member countries.

What Is G20 Sherpa Meeting:

The G20 Summit Sherpa Conference is a preliminary meeting of government representatives held before to the main G20 Summit. Here the representatives of the member nations hold discussions to firm up possible agreements. The final decisions are made by the heads of state at the G20 summit. Ahead of the main G20 Summit, the Sherpas meeting ensures that the time and resources required at the time of negotiations of the larger heads of state at the final summit are minimized.

The G-20 Sherpa meeting will be presided over by Indian Sherpa Amitabh Kant.

G20 & India’s Presidency:

The Group of 20 (G-20) is a multilateral organisation of 19 countries that was founded in 1999, along with the European Union. Since the G20’s formation in 1999, India has been a member. India will be holding the G20 Presidency from 1 December 2022 and will convene the G20 Leaders’ Summit in 2023 for the first time. The agenda for the G-20 summit meeting in New Delhi in September 2023 would be chosen by India as the host nation.

About Udaipur:

It was founded in 1559 by Udai Singh II of the Sisodia clan of Rajput’s. It is popularly known as the “City of Lakes“. It has seven lakes surrounding the city.

The 7 lakes of Udaipur are:-

  1. Fateh Sagar Lake,
  2. Lake Pichola.Udaisagar Lake,
  3. Jaisamand Lake (Dhebar Lake),
  4. Rajsamand Lake,
  5. Badi Lake (Jiyan Sagar),
  6. Doodh Talai (Milk Pond),
  7. Swaroop Sagar Lake (Khumaria Talab).

Sangeet Natak Akademi announces winners for the years 2019, 2020 and 2021

Sangeet Natak Akademi announces winners for the years 2019, 2020 and 2021

Sangeet Natak Akademi Award 2019, 2020 and 2021: The Sangeet Natak Akademi has named 128 recipients of the Sangeet Natak Akademi Award (Akademi Puraskar) for their significant contributions to the fields of music, dance, theatre, traditional/folk/tribal music/dance/theatre, puppetry, and contribution/scholarship in the performing arts for the years 2019, 2020, and 2021. The General Council of the Akademi also announced 10 eminent personalities in the field of performing arts as Akademi Fellows. While the winners of the Akademi Puruskar will receive a cash prize of Rs 1 lakh, Akademi fellows will get Rs 3 lakh each and both will also receive a tamrapatra and angavastram.

November 2022 Current Affairs Quiz

Sangeet Natak Akademi Award: 

  • Among the Akademi Fellows are Bharatnatyam exponent Saroja Vaidyanathan, Kerala-based Kathakali dancer Sadanam Krishnan Kutty, Manipuri dancer Darshana Jhaveri, Banaras-based Hindustani classical vocalist Chhannulal Mishra, Carnatic music clarinet player A.K.C Natarajan, Hindustani classical singer of Gwalior gharana Malini Rajurkar, two-time Grammy nominee and tabla maestro Swapan Chaudhuri and Cochin-based Hindustani and Carnatic music vocalist T. V. Gopalakrishnan, among others. With these 10 new Akademi Fellows, the tally of fellows has increased to 39.
  • Apart from these, the Akademi has announced the names of 86 performing artists who have earned the one-time Sangeet Natak Akademi Amrit Award as part of the Azadi Ka Amrit Mahotsav (AKAM), which honours 75 years of India’s independence. These include artists above the age of 75 years who haven’t been accorded any national honour in their career. These artists will receive a cash prize of Rs 1 lakh.
  • In addition, the Akademi released the names of 102 artists who would compete for the Ustad Bismillah Khan Yuva Puraskar in 2019, 2020, and 2021. These artists are under the age of 40.  The Ustad Bismillah Khan Yuva Puraskar identifies and encourages outstanding young talents in diverse fields of performing arts and gives them national recognition so that they may work with greater commitment and dedication in their chosen fields. The Akademi seems to have ensured adequate representation in the winners’ list with 19 artists from the North East. These artists will receive a cash prize of Rs. 25,000.

Dr. Sanjeev Kumar Balyan Conferred National Gopal Ratna Award

Dr. Sanjeev Kumar Balyan Conferred National Gopal Ratna Award

Dr. Sanjeev Kumar Balyan Conferred National Gopal Ratna Award: Union Minister of State for Animal Husbandry, Fisheries, and Dairying Dr. Sanjeev Kumar Balyan conferred the National Gopal Ratna Award to the farmers, Cooperatives, and technicians involved in Artificial Insemination for their exemplary contribution towards milk production in India.

November 2022 Current Affairs Quiz

Dr. Sanjeev Kumar Balyan Conferred National Gopal Ratna Award

  • The prize was presented at the Dr. Babu Rajendra Prasad International Convention Centre, GKVK Campus, in Bengaluru at the National Milk Day event.
  • India is the world’s largest milk producer, accounting for 33% of global production. There are 222 cooperatives in the countries with over 17 million farmers supplying milk.
  • National Milk Day was observed to commemorate Dr. Verghese Kurien’s 101st birthday, popularly known as the “Father of the White Revolution.”

About National Gopal Ratna Award

National Gopal Award is one of the highest National Awards in the livestock and dairy sector field. The National Gopal Ratna Award has an objective to recognize and encourage all individuals like farmers rearing indigenous animals. AI Technicians and Dairy cooperative societies, Milk Producer Companies, and Dairy Farmer’s Producers Organizations working in this sector.

Three categories of the Award

  • Best Dairy Farmer Rearing Indigenous Cattle/Buffalo breeds.
  • Best Artificial Insemination Technician.
  • Best Dairy Cooperative/Milk Producer Company/Dairy Producer Organization.

India, Australia wargames “Austra Hind 22” begins

India, Australia wargames “Austra Hind 22” begins

India, Australia wargames “Austra Hind 22” begins: The bilateral training exercise “AUSTRA HIND 22” between Indian Army and Australian Army contingents began at the Mahajan Field Firing Ranges in Rajasthan. The exercise will continue till December 11th. This is the first exercise in the series of AUSTRA HIND with participation of all arms and services contingent from both armies. During the exercise, participants will engage in a variety of tasks ranging from joint planning, joint tactical drills, sharing basics of special arms skills and raiding a hostile target. The joint exercise, besides promoting understanding and interoperability between the two armies, will further help in strengthening ties between India and Australia.

November 2022 Current Affairs Quiz

The Australian Army contingent was made up of men from the 2nd Division’s 13th Brigade. The Indian Army is represented by troops from the DOGRA Regiment. The exercise “AUSTRA HIND” will be a yearly event that will be conducted alternatively in India and Australia. The aim of the exercise is to build positive military relations, imbibe each other’s best practices and promote the ability to operate together while undertaking multi-domain operations in Semi deserts terrain under a UN peace enforcement mandate.

Tamil writer Imayam selected for Kuvempu national award

Tamil writer Imayam selected for Kuvempu national award

Tamil writer Imayam selected for Kuvempu national award: Rashtraku Kuvempu Prathishtana Kuppali has selected Tamil poet V Annamalai aka Imayam for the Kuvempu National Award for the year 2022, which will be awarded at Kuppali’s 118th birth anniversary celebration on December 29 in Thirthahalli taluk. ‘Kannada National Poet Kwembu Rashtriya Puraskar Award is presented annually in memory of the late poet Kwembu has been announced to Writer Institute for the Tamil language. The award carries a Rs 5 lakh cash reward, a silver medal, and a citation.

November 2022 Current Affairs Quiz

Annamalai writes in the pen name Imayam and has penned seven novels, six short story collections, and a novella. His debut novel ‘Koveru Kazhudaigal has been translated into English, French, and many other Indian languages. Through his writings, Imayam has introduced new sensitivities to Tamil literature. Koveru Kazhudaigal and Pethavan, two of his books, have been translated into English and several other languages.

Imayam was unanimously chosen for the award by a committee led by BL Shankar, interim president of the Rashtrakavi Kuvempu Trust. The committee included Dr Krishnaswamy, retired Tamil professor, Christ University, and Agrahara Krishnamurthy, former secretary, Central Sahitya Academy and others.

RBI Asks Paytm To Re-apply For Payment Aggregator Licence

RBI Asks Paytm To Re-apply For Payment Aggregator Licence

RBI Asks Paytm To Re-apply For Payment Aggregator Licence: Reserve Bank of India (RBI) has for now declined to entertain Paytm Payments Services’ (PPSL), a wholly owned subsidiary of Paytm, application for an authorisation to provide payment aggregator services for online merchants. The central bank has recommended PPSL to resubmit its application after completing specified procedures within 120 days.

November 2022 Current Affairs Quiz

The company in a exchange filing said,” Our 100% subsidiary, Paytm Payments Services Limited (“PPSL”), is in receipt of a letter from Reserve Bank of India (“RBI”) in response to an application from PPSL for the authorization to provide payment aggregator services (“PA application”) for online merchants.

Paytm further said that the firm can continue to onboard new offline merchants and offer them payment services including All-in-One QR, Soundbox, Card Machines, etc.

The firm said that it is hopeful of receiving the necessary approvals in a timely manner and resubmitting the application.

About This Development:

One97 Communications (OCL), which owns the Paytm brand, proposed transferring its payment aggregator services company to Paytm Payments Services (PPSL) in December 2020 to comply with Reserve Bank of India (RBI) payment aggregator (PA) requirements, however the banking authority rejected the application.  The company had re-submitted the required documents in September 2021.

Need To Do:

As per the letter, PPSL is required to take the following steps and resubmit the PA application within 120 calendar days:-

1. Seek necessary approval for past downward investment from the Company in to PPSL, to comply with FDI Guidelines

2. Not onboard new online merchants.

How It Will Affect:

PPSL can continue to do business with existing online merchants, for whom the services will remain unaffected.

What are PAs(Payment Aggregator):

PAs are entities that facilitate e-commerce sites and merchants to accept various payment instruments from customers for completion of their payment obligations without the need for merchants to create a separate payment integration system of their own.

According to RBI’s PAs guidelines, a single entity cannot continue to provide an e-commerce marketplace along with payment aggregator services and such payment aggregator services must be separated from the e-commerce marketplace business.

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