Weekly Current Affairs

Important Weekly Current Affairs PDF Download (Nov 01st to 07th Nov 2023)

Dear Readers, Here we have given the list of Important Weekly Current Affairs of Nov 01st to 07th Nov 2023. Candidates those who are preparing for Upcoming SBIClerk 2023 and other competitive exams can make use of it.

CURRENT AFFAIRS: IMPORTANT DAYS

  • World Vegan Day 2023 is observed on the 1st of November 2023.
  • All Saints’ Day 2023 is observed on the 1st of November 2023
  • World Tsunami Awareness Day 2023 is observed on the 5th of November
  • International Day for Preventing the Exploitation of the Environment in War and Armed Conflict 2023 is observed on 6th November 2023
  • Infant Protection Day 2023 is observed on the 7th of November 2023.
  • National Cancer Awareness Day 2023 is observed on the 7th of November 2023.

CURRENT AFFAIRS: NATIONAL NEWS

  • The Government e-marketplace (GeM) has registered a service growth of 47 per cent or 1.5 lakh crore rupees in the current financial year 2023-24 till now
  • The Ministry of Corporate Affairs has mandated private companies to go for dematerialisation of their securities
  • The Pension Fund Regulatory & Development Authority (PFRDA) allows a Systematic Lumpsum Withdrawal (SLW) facility for NPS subscribers; pensioners can withdraw up to 60% of funds periodically
  • Prime Minister Narendra Modi will inaugurate the ‘World Food India 2023’ on November 3rd at Pragati Maidan in New Delhi
  • The Financial Action Task Force (FATF) has removed the Cayman Islands from its grey list.
  • The Union Minister for Roads Transport and Highways, Shri Nitin Gadkari inaugurated and laid the foundation stone for 26 National Highway Projects with an investment of more than Rs. 17,500 Crore in Guwahati, Assam.
  • The “Union Home Minister’s Special Operation Medal” for this year has been awarded for four Special Operations.
  • Tata Motors has won a significant arbitration award of ₹766 crore from the West Bengal Industrial Development Corp. Ltd (WBIDC) after a long-standing dispute related to the shutdown of its Singur plant in 2008
  • The Centre for Economic and Social Studies (CESS) will be hosting the 22nd annual conference of the Indian Association of Social Science Institutions (IASSI)
  • The Central Railway has commissioned the block proving by axle counter (BPAC) system in the Vasind-Asangaon section of Mumbai Division
  • The Union Defence Minister Shri Rajnath Singh inaugurated the three-day ‘India Manufacturing Show’ in Bengaluru, Karnataka
  • The 15th Tribal Youth Exchange Program is going to conclude in Mumbai.
  • Prime Minister Shri Narendra Modi will inaugurate the second edition of the Mega food event ‘World Food India 2023’ on 3rd November at Bharat Mandapam, Pragati Maidan, New Delhi
  • International Workshop on ‘Food Loss and Waste Prevention in the South Asian Region’ inaugurated in New Delhi
  • The Election Commission of India (ECI) has launched Integrated Expenditure Monitoring Software (IEMS), a new tech-enabled portal to facilitate the online filing of Contribution Reports, Election Expenditure Statements, and Audited Annual Accounts by political parties
  • Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal will launch the domestic sailing of the first International Cruise Liner ‘COSTA SERENA’ in India at Mumbai
  • Secretary, Department of School Education & Literacy, Shri Sanjay Kumar inaugurated a national-level innovation challenge aimed at motivating young individuals to create functional prototypes of innovative solutions.
  • Prime Minister Narendra Modi and Bangladesh’s Prime Minister Sheikh Hasina virtually inaugurated a rail link connecting Northeast India with Bangladesh.
  • The abbreviation of artificial intelligence (AI) has been named the Collins Word of the Year for 2023
  • The government has cleared 110 of the total 111 applications, including those of Apple, Dell and Lenovo, that sought permission for imports of IT hardware products like laptops and computers on the first day of implementation of the new system
  • The Ministry of Information and Broadcasting (MIB) has appointed nodal officers to receive complaints against piracy.
  • India’s first 50-year Government Security (G-Sec) fully sold.
  • UPSC amended guidelines for the appointment of the Director General of Police of a State
  • ‘One nation, One registration platform’ for doctors will be launched by the National Medical Commission.

CURRENT AFFAIRS: INTERNATIONAL NEWS

  • The Competition Commission of India (CCI) has become a part of the prestigious 18-member steering committee of the International Competition Network (ICN) at the ICN Annual Conference 2023 at Barcelona, Spain after consistent efforts.
  • Two Indian cities, Gwalior and Kozhikode, have been added to the prestigious list of the United Nations Educational, Scientific and Cultural Organization (UNESCO) Creative Cities Network (UCCN).
  • The 15th India-Singapore Defence Policy Dialogue took place in New Delhi.
  • A memorial to honour the Indian soldiers who sacrificed their lives in the Liberation War of Bangladesh in 1971 at Ashuganj in Bangladesh is in the advanced stages of completion.

CURRENT AFFAIRS: STATE NEWS

  • Kasaragod district of Kerala has achieved the distinction of becoming the first district in India to officially declare its own tree, flower, bird, and species.
  • Odisha Chief Minister (CM) Shri Naveen Patnaik launched the affordable bus service under the Location Accessible Multimodal Initiative (LAccMI) scheme in the tribal-dominated Malkangiri district.
  • In Manipur, the annual festival – Mera Houchongba will be celebrated at Kangla in Imphal.
  • The Karnataka Forest Department, in collaboration with the Wildlife Trust of India, introduced the Hostile Activity Watch Kernel (HAWK) system.

CURRENT AFFAIRS: BUSINESS NEWS

  • Finance Minister Nirmala Sitharaman inaugurated State Bank of India’s branch in Trincomalee, Sri Lanka
  • External Affairs Minister Dr S Jaishankar held a comprehensive and productive meeting with Deputy Prime Minister and Foreign Minister of Italy Antonio Tajani in Rome.
  • The Government of India has authorised the State Bank of India SBI, in the 29th Phase of sale, to issue and encash Electoral Bonds through its 29 Authorised Branches with effect from the 6th to 20th of this month.
  • Fiscal deficit in the first half (April–September period) of the current fiscal year reached over 39% of the Budget Estimate (BE).
  • GST collections increased to ₹1.72 lakh corers in

CURRENT AFFAIRS: BANKING AND ECONOMY

  • SBI Mutual Fund has received approval from the Reserve Bank of India (RBI) to acquire a stake of up to 9.99% in IndusInd Bank, a private sector lender.
  • Paysharp Private Limited, an RBI in-principle approved payment aggregator based in Chennai, has achieved ISO / IEC 27001: 2022 certification, an internationally recognized standard for information security management systems.
  • India’s first bad bank, the stressed asset stabilisation fund (SASF), a special purpose vehicle for housing bad loans that was created two decades ago is being wound down as it approaches the end of its life cycle.
  • Paytm has been designated as the official sponsor for the 37th National Games held in Goa.
  • The Insurance Regulatory and Development Authority of India (IRDAI) has established a 12-member committee with the specific purpose of simplifying insurance policy wordings.
  • The Reserve Bank of India (RBI) has expanded its regulatory oversight to directly cover all entities involved in facilitating cross-border payment transactions for the import and export of goods and services.
  • The Reserve Bank of India (RBI) has made an important announcement regarding District Central Co-operative Banks (DCCBs).
  • SBI Card and Reliance Retail have announced their collaboration to introduce the ‘Reliance SBI Card.’
  • The National Payments Corporation of India (NPCI) has issued a circular directing banks, payment service providers, and other stakeholders to enable the ‘Hello! UPI’ feature in their apps by March 31.
  • India’s largest public sector lender State Bank of India (SBI) announced it has raised ₹10,000 crore at a coupon rate of 7.81% through its first Basel III compliant Tier 2 Bond for the current financial year – FY 2023-34.
  • The Insurance Regulatory and Development Authority of India (IRDAI) has established a high-level panel with an objective to recommend measures to enhance the involvement of banks in making insurance products more readily accessible across India.
  • The Reserve Bank of India (RBI) has granted permission to District Central Cooperative Banks (DCCBs) to close unprofitable branches without the need for prior approval from the central bank.
  • Mahindra Finance, a prominent Non-Banking Finance Company (NBFC) within the Mahindra Group, has entered into a strategic co-lending partnership with the State Bank of India (SBI), India’s largest public sector bank.
  • In the fiscal year 2022-23, only one Maharatna company, ONGC (Oil and Natural Gas Corporation), is included in the list of the top ten profit-making companies in India, according to a special report by the State Bank of India’s Economic Research Department (ERD).
  • The Hongkong and Shanghai Banking Corporation Limited, India (HSBC India) has introduced Electronic Bank Guarantee (E-BG) services to facilitate the digitization of trade finance.
  • The Reserve Bank of India (RBI) has announced the results of its Global Hackathon 2023, which focused on innovative FinTech solutions.
  • EscrowPay, a digital escrow platform, has received the first digital escrow regulatory fintech authorization from the International Financial Services Centres Authority (IFSCA) in Gujarat International Finance Tec-City (Gift City), Gandhinagar, Gujarat marking a major milestone in its commitment to compliance and innovation in digital payments.

CURRENT AFFAIRS: AWARDS AND HONOURS

  • A 10 year-old-Bangalore kid, Vihaan Talya Vikas, won the Wildlife Photographer of the Year (WPY) competition in the under-10 category.
  • This year’s “Union Home Minister’s Special Operation Medal” has been awarded for four Special Operations.
  • Tata Motors has won a significant arbitration award of ₹766 crore from the West Bengal Industrial Development Corp. Ltd (WBIDC) after a long-standing dispute related to the shutdown of its Singur plant in 2008

CURRENT AFFAIRS: APPOINTMENTS & RESIGNATIONS

  • The State Bank of India (SBI), the country’s largest lender, has appointed cricketing legend Mahendra Singh Dhoni as its official Brand Ambassador.
  • Saima Wazed, the daughter of Bangladesh Prime Minister Sheikh Hasina, has been nominated to become the next Regional Director for the World Health Organization’s (WHO) South-East Asia region.
  • Manoranjan Mishra has been appointed as an Executive Director (ED) of the Reserve Bank of India (RBI).
  • Deepesh Nanda has been appointed as the President-Renewables and Chief Executive Officer and Managing Director (CEO & MD) of Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power.
  • Henry Harvin Education, an ed-tech platform specialising in upskilling and reskilling programmes for young professionals, has onboarded Chetan Bhagat as its brand ambassador.
  • Rohit Rishi has been appointed as the Executive Director of the Bank of Maharashtra (BoM).
  • Koppu Sadashiv Murthy has been appointed as the Chairman and Managing Director (CMD) of Bharat Heavy Electricals Limited (BHEL).
  • Professor Sarang Deo, Professor of Operations Management; Deputy Dean of Faculty and Research; and Executive Director of Max Institute of Healthcare Management at the Indian School of Business (ISB) has been appointed as a member of the Strategic and Technical Advisory Group (STAG) for Tuberculosis by World Health Organisation (WHO).
  • Mirae Asset Financial Group of South Korea has promoted Swarup Mohanty to the position of Vice Chairman.
  • PepsiCo India has chosen MS Dhoni as the brand ambassador for its potato chips brand Lay’s.

CURRENT AFFAIRS: MOUS AND AGREEMENT

  • India and the United Arab Emirates (UAE) have signed a Memorandum of Understanding (MoU) with the primary aim of enhancing cooperation within their respective educational institutions.
  • National Skill Development Corporation of India and EFS Facilities Services Group (EFS), a Facilities Management Firm based in the UAE, have signed a Memorandum of Understanding (MoU) to promote Skilled International Workforce Mobility (IWM) for Indian nationals, with a specific focus on the GCC countries.
  • A Memorandum of Understanding (MoU) on electoral literacy was signed between the Election Commission of India (ECI) and the Ministry of Education.
  • State-run oil and gas majors Bharat Petroleum Corporation (BPCL) and Gas Authority of India (GAIL) have signed a 15-year contract for the supply of propane, a critical petrochemical feedstock.
  • India’s Union Education and Skill Development & Entrepreneurship Minister and Minister of Education for the United Arab Emirates signed the MoU in Abu Dhabi.

CURRENT AFFAIRS: RANKING AND INDEX

  • According to the World Energy Outlook 2023, Fossil fuel demand would reach its peak by 2030.
  • According to the Fairwork India 2023 report, BigBasket is the best organisation for gig workers in India.
  • Prime Global Cities Index Q3 2023 has been released by real estate consultant Knight Frank India.

CURRENT AFFAIRS: DEFENCE NEWS

  • The Indian Army and Indian Air Force (IAF) contingent, comprising 120 personnel, departed to take part in the Joint Military ‘Exercise KAZIND-2023’ which will be conducted at Otar, Kazakhstan, from October 30th to November 11th, 2023.
  • Commodore Sunil Kaushik, launched the 25T Bollard Pull (BP) Tug named ‘Mahabali,’ at M/s Shoft Shipyard Private Limited in Bharuch, Gujarat.
  • The Number 4 Squadron (Oorials) of the Indian Air Force, based at Air Force Station Uttarlai (Barmer), has undergone a significant transition from the MiG-21 to the Su-30 MKI.
  • Swedish defence company Saab’s has reportedly become the first foreign company that has bagged 100% FDI in India’s defence projects.

CURRENT AFFAIRS: SCIENCE & TECHNOLOGY

  • The National Aeronautics and Space Administration (NASA) is in the process of preparing for the launch of the Nancy Grace Roman Space Telescope, set to take place by the year 2027 to observe the Milky Way galaxy.
  • Google, Inc. set a 2024 target to assemble its Pixel line of smartphones in India.
  • Ehang, a Chinese drone manufacturer, has received regulatory approval from the Civil Aviation Administration of China (CAAC) for its autonomous air taxi, the EH216-S AAV.
  • The National Aeronautics and Space Administration (NASA) launched a sounding rocket as part of its Integral Field Ultraviolet Spectroscopy Experiment (INFUSE) mission.
  • The Election Commission of India (ECI) has developed an in-house software known as ENCORE, which stands for “Enabling Communications On Real-Time Environment.”
  • Pakistan successfully conducted a training launch of the Ghauri Weapon System.

CURRENT AFFAIRS: ACQUISITIONS & MERGERS

  • Fincare Small Finance Bank (SFB) is set to merge with AU Small Finance Bank (SFB).
  • Motilal Oswal Alternates, a subsidiary of Motilal Oswal Finance Service Limited (MOFSL), has obtained regulatory approval from the Competition Commission of India (CCI) for its proposed acquisition of a stake in SK Finance Limited.
  • YES Bank has acquired additional shares in C. Flowers Asset Reconstruction (JC Flowers ARC) to reinstate its stake to 9.9% in the company.

CURRENT AFFAIRS: SPORTS NEWS

  • Priyanka Goswami of Uttar Pradesh has also set a new National Games record in the women’s 20km Race Walk with an impressive time of 1 hour 36 minutes 35 seconds.
  • Zahid Hussain, hailing from Kashmir, achieved a remarkable feat by securing the silver medal at the prestigious Asian Shooting Championship held in South Korea.
  • Jyothi Yarraji, the Hangzhou Asian Games silver medalist, and Tejas Shirse showed their amazing athletic skills at the 37th National Games, breaking the National Games records in the 100m and 110m hurdles events.
  • In 2023, Lionel Messi and Aitana Bonmati were awarded the Ballon d’Or.
  • In the Women’s Long jump, Asian Games silver medallist Ancy Sojan of Kerala bagged the Gold medal in the 37th National Games in Goa.
  • Gujarat’s Sunil Joliya Jinabhai made a new national games record in the steeplechase 3000m with an impressive time of 8 minutes and 37.15 seconds. Sanjana Sood from Haryana won the Gold Medal in Shotgun Skeet (Female).

CURRENT AFFAIRS: OBITUARIES

  • Percy Abeysekera, the well-known flag-waving and quick-witted supporter of the Sri Lankan cricket team, passed away in Colombo at the age of 87.
  • Li Keqiang, a Chinese economist and politician who served as the premier of the People’s Republic of China from 2013 to 2023 passed away at the age of 68 in Shanghai, China.
  • Eminent climate change expert Professor Saleemul Huq, director of the International Centre for Climate Change and Development, passed away in Dhaka, Bangladesh at the age of 71.
  • Senior pracharak and ideologue of the Rashtriya Seva Sangh (RSS) Ranga Hari passed away in Kochi at the age of 93.
  • Musician, art researcher, writer and former professor at Delhi University, Leela Omchery passed away at the age of 94 in New Delhi.
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