Daily GK Update- 6th Nov, 2024

 NATIONAL UPDATES:

 

1. Cairn becomes India’s 1st oil & Gas Company to join UNEP’s OGMP 2.0.: Cairn Oil & Gas, part of Vedanta Group, has signed a memorandum of understanding with the United Nations Environment Programme’s flagship methane reporting and mitigation initiative – Oil & Gas Methane Partnership (OGMP) 2.0, making it the first oil and gas producer in India to commit to the effective reduction of methane emissions. OGMP 2.0 established a comprehensive framework that includes best practices for emissions management and a robust reporting system. It emphasises accurate measurement, reporting, and verification (MRV) of methane emissions to drive reductions effectively. OGMP 2.0 covers over 40 per cent of global oil and gas production empowering companies to improve the quality and accuracy of emissions data for effective methane reduction.Earlier this year, Cairn had announced the fast-tracking of its net zero commitments to 2030.

 

2. Union Minister of Consumer Affairs, Food and Public Distribution Pralhad Joshi launches Phase – II retail sale: The Union Minister of Consumer Affairs, Food and Public Distribution, and New & Renewable Energy, Pralhad Joshi, has launched Phase – II of the retail sale of Bharat Atta and Bharat Rice by flagging off mobile vans of NCCF, NAFED, and Kendriya Bhandar here.Bharat Atta at MRP of Rs.30 per kg and Bharat Rice at MRP of Rs.34 per kg is being made available to consumers during Phase-II.In the initial stage of Phase – II, 3.69 LMT of Wheat and 2.91 LMT of Rice are made available for retail sale. During Phase – I, around 15.20 LMT of Bharat Atta and 14.58 LMT Bharat Rice was made available to general consumers at subsidized rates.Bharat Atta and Bharat Rice will be available at stores and mobile vans of Kendriya Bhandar, NAFED and NCCF and e-commerce /big chain retailers. During the Phase-II. ‘Bharat’ brand Atta and Rice will be sold in 5 Kg and 10 Kg bags.

 

3. ONGC, NTPC form joint venture to advance renewable, new energy interests: Leading public sector undertakings (PSUs) NTPC Limited and Oil and Natural Gas Corporation (ONGC) announced the formation of a 50:50 joint venture company (JVC) to further promote their interests in the renewable and new energy arena.The JVC between the country’s largest power generating company and largest oil and gas producer has been formed through their green energy subsidiaries – NTPC Green Energy Ltd (NGEL) and ONGC Green Energy Ltd.The new company will venture into various renewable energy and new energy opportunities including solar and wind energy, both onshore and offshore, and green molecule. Such as green hydrogen, green ammonia, sustainable aviation fuel (SAF), and green methanol.It will also focus on new and emerging technologies in the field such as energy storage including both pump and battery storage, e-mobility, carbon credits and green credits.

 

4. Rahul Bhave named as MD and CEO of IFCI: FSIB, the headhunter for directors of state-owned banks and financial institutions, has recommended Rahul Bhave for the position of Managing Director (MD) and CEO of IFCI Ltd.Bhave is currently the Deputy Managing Director of IFCI.Besides, FSIB has recommended Palash Srivastava for the position of Deputy Managing Director in IIFCL.

 

5. SBI appoints Debasish Mishra as Chief General Manager of New Delhi Circle: State Bank of India (SBI) has appointed Debasish Mishra as the Chief General Manager of its New Delhi Circle.Mishra has experience across Credit, Operations, Forex, IT, HR, and MSME sectors, both in India and overseas.Mishra, a Certified Financial Planner and Chevening Gurukul Scholar, has been appointed at a crucial time for SBI’s New Delhi Circle. This circle, which includes over 1,700 branches, is focused on strengthening its market position in line with the country’s growth.Currently, SBI operates 17 local head offices, each led by Chief General Managers, who oversee a network of approximately 22,600 branches nationwide.

 

INTERNATIONAL UPDATES:

 

1. India, Algeria sign MoU on bilateral defence cooperation: India and Algeria have signed the Memorandum of Understanding (MoU) on bilateral defence cooperation.The MoU will elevate the defence partnership between both nations, fostering mutual understanding and enhancing strategic interests.Deliberations were held on furthering bilateral military cooperation and capacity building. Make In India initiatives and technology exchange were also discussed between both military leaders.

 

2. Henley Passport Index 2024: India at 83^rd; topped by Singapore: Singapore has been named the world’s most powerful passport again, offering its citizens visa-free access to 195 countries, according to the latest Henley Passport Index released in October 2024.France, Germany, Italy, Japan, and Spain shared the second place, granting their citizens visa-free access to 192 countries, as per the latest rankings.The United States ranked 8th, giving its citizens visa-free entry to 186 countries.Meanwhile, India ranked 83rd, providing its citizens with visa-free access to 58 countries.Asian countries have consistently led the Henley Passport Index for several years. Nations such as Japan, Singapore, and South Korea frequently occupy the top positions among the world’s most powerful passports, granting their citizens visa-free access to numerous countries.

 

3. EAM Jaishankar inaugurates India’s new consulate in Brisbane: External Affairs Minister S Jaishankar has inaugurated the new Consulate General of India in Brisbane, underlining that this will contribute to strengthening India’s ties with the Queensland state, promoting trade and serving the diaspora.Queensland is home to almost 100,000 out of the nearly one million people of Indian-origin living in Australia, and India is the state’s second-largest export market. Besides Brisbane, India has consulates in Melbourne, Perth and Sydney.The consulate in Brisbane will be headed by consul general Neetu Bhagotia.

 

4. UDC presidential candidate Duma Boko declared as 6th president of Botswana: Duma Boko, the presidential candidate of the Umbrella for Democratic Change (UDC), was declared Botswana’s sixth president. Botswana’s Chief Justice, Terence Rannowane, announced on national television.According to the southern African country’s electoral law, the polling will determine 61 members of the National Assembly and 609 local councillors, with the party that holds at least 31 parliament seats to be declared as the winner.While the counting is yet to be finalised, UDC has already secured 34 members of the National Assembly, and the ruling party, the Botswana Democratic Party, got four seats.

 

5. The International Solar Alliance Announces the Selection of its third Director General: The seventh session of the ISA Assembly in progress in New Delhi selected Mr Ashish Khanna from the Republic of India as its third Director General.The other office candidates included Mr Wisdom Ahiataku—Togobo from Ghana and Mr Gosaye Mengistie Abayneh from Ethiopia.The Director General of ISA plays a crucial role in supporting the Assembly in advancing theInternational Solar Alliance mandate. This includes supporting to Member Countries in addressing common challenges and engaging in coordinated action to scale up the deployment of solar energy globally.Dr Ajay Mathur, who has led the Alliance since 2021, will conclude his tenure on 14 March 2025. Under his leadership, the Alliance has achieved significant milestones, including a monumental rise in Member & Signatory Countries tallying at 103 and 17, respectively.

 

6. 6 November – International Day For Preventing The Exploitation Of The Environment In War And Armed Conflict: International Day For Preventing The Exploitation Of The Environment In War And Armed Conflict is observed every year on 6 November.On May 27, 2016, the United Nations Environment Assembly adopted resolution UNEP/EA.2/Res.15, which recognized the role of healthy ecosystems and sustainably managed resources in reducing the risk of armed conflict, and reaffirmed its strong commitment to the full implementation.

 

OTHER UPDATES:

DEFENCE

 

1. India-Vietnam joint military exercise commences at Ambala: The 5th Edition of Vietnam Indian Bilateral Army Exercise “VINBAX 2024” commenced at Ambala. The exercise will be held from November 4 to 23 at Ambala and Chandimandir.The conduct of VINBAX-2024, as a field training exercise with enhanced scope from previous editions of bilateral exercise, will strengthen mutual confidence, and interoperability and enable sharing of best practices between the Indian Army and Vietnam People’s Army.The aim of VINBAX-2024 is to enhance joint military capability of both sides in employment and deployment of engineer company and medical teams to undertake engineering tasks as part of United Nation Contingent in Peace Keeping Operations under Chapter VII of the United Nations Charter.

 

2. India-Bhutan Border ICP Inaugurated in Assam: The first Integrated Check Post (ICP) along the India-Bhutan border was inaugurated at Darranga, Assam. This event marked an important milestone in India-Bhutan relations. Assam Governor Lakshman Prasad Acharya and Bhutan’s Prime Minister Dasho Tshering Tobgay were present at the inauguration. An Integrated Check Post (ICP) is a facility that streamlines customs and immigration processes at international borders. It aims to facilitate trade and movement between countries. ICPs are designed to improve efficiency and reduce waiting times for goods and people crossing borders.

 

3. Anti-Terror Conference 2024: The Anti-Terror Conference 2024 highlighted the urgent challenges posed by modern terrorism. Union Home Minister Amit Shah stressed the necessity of advanced technology and training to combat these threats. The conference aimed to enhance collaboration among various stakeholders in the fight against terroism Terrorism has evolved into a borderless phenomenon. It operates invisibly, making traditional methods less effective. Governments worldwide face increasing challenges in identifying and countering these threats. The need for a proactive approach is critical. Shah emphasized the role of technology in combating terrorism. Training will focus on using advanced technology effectively. This approach aims to enhance operational capabilities against evolving threats.

 

SCIENCE AND TECHNOLOGY

 

1. Zimbabwe Launches Second Satellite ZIMSAT-2: Zimbabwe successfully launched its second satellite, ZIMSAT-2. This event marks an important advancement in the country’s space programme. The launch took place from the Vostochny Cosmodrome in Russia, following the deployment of Zimbabwe’s first satellite, ZimSat-1, in November 2022. ZIMSAT-2 is a low Earth observation satellite. It was launched aboard the Soyuz-2.1 spacecraft at 1 AM. The launch was a collaborative effort between the Zimbabwe National Geo-Spatial and Space Agency (ZINGSA) and Southwest State University in Russia.

 

BANKING AND FINANCE

 

1. SEBI proposes 30-day deadline for mutual fund deployment of NFO proceeds: In a move aimed at enhancing the timely deployment of funds raised through mutual fund (MF) schemes during new fund offering (NFO) periods, the markets regulator — Securities and Exchange Board (Sebi) proposed a 30-day deadline for fund managers.Currently, there is no stipulated time frame for the deployment of NFO proceeds in line with the specified investment strategy.In a consultation paper, Sebi outlined that this timeline could be extended to 60 days with approval of the fund house’s investment committee, but only under specific conditions, such as “expensive valuation in specific sectors or market capitalisations, market dynamics, uncertainty following geopolitical developments, or unavailability of securities with specific maturity.

 

 

 

Daily GK Update- 5th Nov, 2024

 NATIONAL UPDATES:

 

1. Karnataka celebrates Bali Padyami festival: Karnataka celebrates Bali Padyami festival on the fourth day of Deepavali.It is believed that the Asura king Bali Chakravarty comes out of Pathala loka and visits Bhuloka as per the boon given by Lord Vishnu during Vamana Avatar.After worshipping Ganga matha on the first day, Naraka Chaturdashi on the second and Lakshmi Pooja on the third day of Deepavali, the festival of Bali Padyami derives significance.The day is symbolic of prosperity and welfare representing the then flourishing kingdom of Bali Chakravarty.

 

2. Yamaha Motor India appoints Itaru Otani as Chairman: India Yamaha Motor (IYM) Pvt Ltd. has appointed Itaru Otani as the new chairman of Yamaha Motor India Group.Otani brings over three decades of experience with Yamaha Motor Company, having held key leadership roles across global markets, including Australia, Brazil, and Japan.Prior to this role, Otani served as Chief General Manager, leading the Land Mobility Business Operations based out of Japan.Otani replaced Eishin Chihan.

 

INTERNATIONAL UPDATES:

 

1. First Asian Buddhist Summit to be held in New Delhi: India will host the first Asian Buddhist Summit in the national capital New Delhi from 5 to 6 November.The summit is being organised by the Central government’s Ministry of Culture in collaboration with the International Buddhist Confederation (IBC).The theme of this summit is on ‘Role of Buddha Dhamma in Strengthening Asia’.Buddhism holds a unique position in the spiritual and cultural history of India and pan Asia, and the teachings of the Buddha, his disciples and preachers has kept Asia united through a common outlook towards life, divinity, and social values.

 

2. 352nd Governing Body meeting of ILO is underway in Geneva: The 352nd Governing Body meeting of the International Labour Organisation (ILO) was held in Geneva.During the meeting Labour and Employment Secretary Sumita Dawra highlighted India’s commitment to improving living standards reflected in significant initiatives covering all dimensions of poverty that have led to 248 million individuals escaping multidimensional poverty in the last nine years as measured by the multidimensional poverty index.She also stated the employment growth within the country adding around 170 million persons in economic activity during 2016-17 and 2022-23 as per provisional estimates.

 

3. ADB launches action plan to boost disaster resilience in Asia and Pacific: The Asian Development Bank (ADB) has announced a new action plan to enhance its disaster resilience efforts in Asia and the Pacific region.The Disaster Risk Management Action Plan 2024-2030 outlines ADB’s commitment to supporting its developing members in mitigating the impacts of disasters and climate change.The action plan promises to guide the integration of disaster risk management components into ADB’s operations, project design, and funding decisions.In August, the United Nations Office for Disaster Risk Reduction warned that disasters in the Asia-Pacific region were projected to increase by 40 per cent by 2030.

 

4. 5 November – World Tsunami Awareness Day: World Tsunami Awareness Day is observed globally each year on November 5.Objective – sTo increase awareness about the dangers of tsunamis and encourage proactive preparedness in the event of such natural disasters.Theme 2024 – Fighting Inequality for a Resilient Future Established by the United Nations General Assembly in 2015, the day underscores the importance of early warning systems and community education to reduce the catastrophic effects of tsunamis.

 

OTHER UPDATES:

DEFENCE

 

1. Navy Chief Dinesh Tripathi launches ‘Swavlamban 2024’ exhibition: Navy Chief Admiral Dinesh Kumar Tripathi has inaugurated the ‘Swavlamban 2024’ exhibition at Bharat Mandapam.The event aims to showcase innovations from the country’s young entrepreneurs and strengthen collaborations between the Indian Navy and various industry stakeholders.He expressed enthusiasm for the innovative solutions showcased by the nation’s youth and noted the participation of around 115 stalls from diverse agencies, including the Indian Air Force, Indian Army, Indian Coast Guard, and the Border Security Force (BSF).Launched in 2022, the initiative aims to collaborate with Micro, Small, and Medium Enterprises (MSMEs) and the Indian industry to address operational needs and bridge capability gaps within the Navy.

 

SPORTS 

 

1. Anish Sarkar becomes Youngest-Rated FIDE Chess Player Globally: Anish Sarkar of Kolkata, West Bengal, has become the youngest-rated FIDE chess player in the world. At the age of three years, eight months, and 19 days, Anish secured a FIDE rating of 1555.The International Chess Federation, known by its French acronym FIDE, is the world’s governing body for chess. It assigns ratings or points based on players’ performance in FIDE-approved chess tournaments.Anish Sarkar, born on January 26, 2021, played his first tournament, the West Bengal State Under-9 Open, in October 2024. He next played in the West Bengal State Under 13 Open chess tournament, where several FIDE-rated players participated.According to the FIDE rule, a player is given rating points if the player plays against at least five FIDE-rated players. Thus, after participating in the West Bengal State Under 13 Open chess tournament, Anish Sarkar was given an initial FIDE rating of 1555.

 

2. Wriddhiman Saha announces retirement from cricket: Indian wicketkeeper-batter Wriddhiman Saha has announced his retirement from cricket, the ongoing Ranji Trophy season will be his last final one.The 40-year-old Bengal wicketkeeper has appeared in 40 Tests and nine ODIs since his international debut in 2010.

 

3. India’s Atanu Das bags Bronze Medal in Swiss Open Indoor Archery: India’s Atanu Das has bagged a Bronze medal in the Swiss Open Indoor Archery in Lausanne, Switzerland. Olympian Atanu Das defeated Switzerland’s Thomas Rufer 6-4 in the Recurve Men’s Bronze medal match.

Earlier in the Semifinals, Atanu faced a defeat against Romain Fichet of France 4-6. Romain clinched the silver while Italy’s Alessandro Paoli clinched the gold.The 2025 Indoor Archery World Series kicked off, featuring over 300 archers from 31 countries.The Swiss Open includes both recurve and compound divisions. There will be six events held during the 2025 season 1, starting in November 2024 and ending in March 2025.

 

SCIENCE AND TECHNOLOGY

 

1. Japan set to test world’s first wooden satellite: Scientists in Japan are set to test the world’s first wooden satellite “LignoSat”. The LignoSat was developed by a team from Kyoto University and homebuilder Sumitomo Forestry.It will be launched next week atop a SpaceX rocket, bound for the International Space Station.LignoSat – named after the Latin word for wood – will be released from the space station in the coming weeks. It will orbit for six months, testing how well the material can withstand the extreme environment.Forest science professor Koji Murata says wood can actually perform well in space, as there’s nothing there to make it rot or catch fire.The wood used for this satellite comes from a type of magnolia tree – Japanese honoki. Traditionally, it is easy to process and resistant to shattering, which is why it is typically used for things like the scabbards of Japanese swords and the blades of Japanese wooden sandals due to its strength.

 

2. ISRO Starts India’s First Analog Space Mission to Plan Lunar Mission experiments: Indian Space Research Organisation (ISRO) has started the country’s first analog space mission at Leh in Ladakh, where space agency will simulate life in an interplanetary habitat.The move assumes significance as India is planning to send a human to the Moon in the near future.Analog space missions are field tests in locations on Earth that have physical similarities to the extreme space environments and play a significant role in problem solving for spaceflight research.Ladakh has been chosen for such a mission as the geographical features of the area – dry and cold climate, barren land, high-altitude terrain and extreme isolation – are considered to closely resemble Martian and lunar landscapes.

 

BANKING AND FINANCE

 

1. NSE launches mobile app & websites in 8 additional languages: The National Stock Exchange has launched a mobile app as well as websites in eight additional languages to commemorate 30 years of operations.Trading in the equities market commenced on the NSE on 3rd November 1994.MD and CEO of NSE, Ashishkumar Chauhan, announced that these languages include Assamese, Bengali, Kannada, Malayalam, Odia, Punjabi, Tamil, and Telugu, bringing the total number of languages supported by the NSE to twelve.The NSE also held its traditional muhurat trading on the occasion of Lakshmi Poojan.

 

2. SBI MF becomes first to surpass ₹10 lakh crore AUM, outpacing ICICI and HDFC: SBI Mutual Fund, the country’s largest asset management company (AMC), has achieved a record average asset under management (AAUM) of ₹10.99 lakh crore in the September quarter (Q2 FY25), according to data from the Association of Mutual Funds in India (AMFI).The fund house concluded FY24 with an AAUM of ₹9.14 lakh crore. Notably, in June 2024, SBI Mutual Fund became the first mutual fund house to surpass the ₹10 lakh crore mark in AAUM. Over the period from FY19 to FY24, its AAUM recorded a compound annual growth rate (CAGR) of approximately 26%.This growth can be attributed to a steady increase in the Systematic Investment Plan (SIP) book. As of June 3, 2024, SBI Mutual Fund had assets that were 30% and 45% higher than those of its nearest competitors, ICICI Mutual Fund and HDFC Mutual Fund, which had AAUMs of ₹8.41 lakh crore and ₹7.59 lakh crore, respectively.

 

3. Punjab & Sind Bank launches e-bank guarantee facility: Punjab & Sind Bank (PSB), a public sector bank, has launched e-Bank Guarantee (e-BG) facility in partnership with National e-Governance Services Ltd (NeSL).This new facility replaces paper-based BG issuance process with stamping and signatures.With the secured transmission and enhanced transparency, beneficiaries will save efforts and time in the verification of physical BGs.It is a landmark step towards enhancing the ease of business for applicants and beneficiaries, it will not only reduce the TAT (turnaround time) but also be a game changer to curb the frauds and inconvenience caused on the physical movement of documents.

 

Daily GK Update- 4th Nov, 2024

NATIONAL UPDATES:

 

1. Center Launched CRS Mobile App for Births and Deaths: Union Home Minister Amit Shah has launched a mobile application for seamless and hassle-free registration of birth and death at the click of a button.The Civil Registration System (CRS) mobile app, prepared by the Registrar General and Census Commissioner of India, is expected to significantly reduce the time required for the registration of birth and death.The app facilitates the registration of births and deaths, making the process seamless and hassle-free. Citizens can register at any time and from any location, using their State’s official language.The application is expected to reduce the time required for these registrations. This move is part of a larger effort to modernize government services through digital solutions.

 

2. Praveena Rai takes over as CEO and MD of Multi Commodity Exchange of India: Praveena Rai has appointed as the Managing Director and Chief Executive Officer (MD and CEO) of Multi Commodity Exchange of India (MCX).Her term as MD and CEO is set for five years.With over three decades of experience, Rai is a prominent figure in India’s financial sector, notably contributing to digital and strategic advancements.Prior to joining MCX, Rai served as chief operating officer at the National Payments Corporation of India (NPCI), where she played a key role in formulating business, operational, and technical strategies and shaping the organisation’s industry impact.

 

3. Ladakh Inaugurates First Polo Stadium at LG Cup: An important event took place in Ladakh. The Lieutenant Governor, Brigadier (Dr) BD Mishra, inaugurated the 4th LG Horse Polo Cup 2024. This event was held at the Horse Polo Ground in Goshan Drass. It marked a celebration of polo, an important cultural sport in the region. During the event, the Lieutenant Governor unveiled Ladakh’s first Polo Stadium. This stadium is located in Goshan Drass. It is a landmark facility built for 6.84 crore rupees. The stadium aims to promote polo and provide a venue for local and national tournaments.

 

4. FSSAI Boosts E-Commerce Food Safety Regulations: The Food Safety and Standards Authority of India (FSSAI) announced new measures for e-commerce food delivery. This comes as India prepares for a surge in tourism from November to March. Increased surveillance aims to ensure food safety during this busy period. FSSAI has instructed state authorities to enhance the monitoring of e-commerce warehouses. The goal is to ensure that food delivered to consumers is safe. The agency emphasized the need for standard operating procedures (SOPs) for warehouse operations and delivery personnel.

 

 

 

INTERNATIONAL UPDATES:

 

1. 18-Year-Old Nepal’s Nima Rinji Sherpa Conquered World’s 14 Highest Peaks: At just 18 years old, Nepal’s Nima Rinji Sherpa has achieved a milestone few have accomplished, becoming the youngest climber to reach all 14 of the world’s tallest mountains, known as the “eight-thousanders.”Mr Rinji’s journey culminated with the summit of Shishapangma, Nepal’s 8,027-metre peak, alongside climbing partner Pasang Nurbu Sherpa.

 

2. 2 November – International Day To End Impunity For Crimes Against Journalists: November 2 is observed as the International Day to End Impunity for Crimes against Journalists.Proclaimed by the United Nations, this day focuses on addressing the urgent need to protect journalists and bring those who harm them to justice.It’s a day to stand up for the right to freedom of expression and to honor those who have lost their lives in the pursuit of truth.

 

3. 3 November – World Jellyfish Day: World Jellyfish Day is observed every year on 3 November.

This day raises awareness about these fascinating marine creatures known for their umbrella-shaped bodies and trailing tentacles.World Jellyfish Day was established in 2014 by marine biologists to raise awareness of the vital role jellyfish play in marine ecosystems.

 

OTHER UPDATES:

DEFENCE

 

1. Indian Army contingent departs for 9th India-Indonesia joint exercise GARUD SHAKTI 24 in Jakarta: The Indian Army contingent comprising 25 personnel departed for Jakarta to take part in the 9th edition of India-Indonesia Joint Special Forces Exercise GARUD SHAKTI 24.The Exercise will be conducted from 1st to 12th of this month.The Indian contingent is being represented by troops from The Parachute Regiment (Special Forces) and Indonesian contingent comprising 40 personnel is represented by Indonesian Special Forces Kopassus.The aim of the Exercise is to acquaint both the sides with each other’s operating procedures, enhance mutual understanding, cooperation and interoperability between the Special Forces of both armies.The Exercise is designed to develop bilateral military cooperation and strengthen bond between two armies through conduct of discussions and rehearsal of tactical military drills.

 

2. Indian Army contingent departs for 15th edition of India-US joint Exercise: The Indian Army contingent departed for the 15th edition of India-US joint Special Forces Exercise VAJRA PRAHAR.The exercise is scheduled to be conducted from 2 November to November 22 at the Orchard Combat Training Centre in Idaho, US.The last edition of the same exercise was conducted at Umroi, Meghalaya, in December last year.This will be the second exercise of the year between the Indian and the US Army. The previous exercise, YUDH ABHYAS 2024, was conducted in Rajasthan in September.The aim of Exercise VAJRA PRAHAR is to promote military cooperation between India and the US through enhancement of interoperability, jointness, and mutual exchange of special operations tactics. It will enhance combined capabilities in executing joint Special Forces operations in desert and semi-desert environments.

 

3. India-Bhutan Border ICP Inaugurated in Assam: The first Integrated Check Post (ICP) along the India-Bhutan border was inaugurated at Darranga, Assam. This event marked an important milestone in India-Bhutan relations. Assam Governor Lakshman Prasad Acharya and Bhutan’s Prime Minister Dasho Tshering Tobgay were present at the inauguration. An Integrated Check Post (ICP) is a facility that streamlines customs and immigration processes at international borders. It aims to facilitate trade and movement between countries. ICPs are designed to improve efficiency and reduce waiting times for goods and people crossing borders.

 

4. Poorvi Prahaar: India Launches Major Tri-Services Exercise: India is preparing for an important military exercise named ‘Poorvi Prahaar’. This tri-services event begins on November 8 and lasts for ten days. It involves the Indian Army, Navy, and Air Force. The exercise aims to demonstrate operational readiness and enhance inter-service collaboration. The exercise follows the recent disengagement of Indian and Chinese troops in eastern Ladakh. This disengagement occurred at two key friction points – Depsang and Demchok. Ongoing negotiations aim to de-escalate troop presence in the region. The talks include discussions on restoring patrolling rights in the Yangtse area of the Tawang sector.

 

SPORTS 

 

1. Mansi Ahlawat wins Bronze in women’s 59kg at Senior World Wrestling Championships: In Wrestling, India’s Mansi Ahlawat has clinched the bronze medal in the women’s 59kg category at the Seniors World Championships, in Tirana, Albania.Mansi defeated Laurence Beauregard of Canada, 5-NIL, in the bronze medal match.Risako Kinjo of Japan won the Gold, Tserenchimed Sukhee of Mongolia grabbed the Silver, while Elena Heike Brugger of Germany shared the Bronze with Mansi.

 

2. Krisha Verma clinches Gold Medal at U19 World Boxing Championships: India’s Krisha Verma clinched a gold medal at the U19 World Boxing Championships in Colorado, USA. Krisha defeated Lerika Simon of Germany 5-0 to win the gold medal.Chanchal Chaudhary, however, went down to Ruby White of England in the female 48kg category final as the Indian boxer was disqualified, forcing her to settle for the silver medal.

 

SCIENCE AND TECHNOLOGY

 

1. Zimbabwe Launches Second Satellite ZIMSAT-2: Zimbabwe successfully launched its second satellite, ZIMSAT-2. This event marks an important advancement in the country’s space programme. The launch took place from the Vostochny Cosmodrome in Russia, following the deployment of Zimbabwe’s first satellite, ZimSat-1, in November 2022. ZIMSAT-2 is a low Earth observation satellite. It was launched aboard the Soyuz-2.1 spacecraft at 1 AM. The launch was a collaborative effort between the Zimbabwe National Geo-Spatial and Space Agency (ZINGSA) and Southwest State University in Russia.

 

Daily GK Update- 3rd Nov, 2024

 NATIONAL UPDATES:

 

1. Himachal Pradesh’s Durgesh Aranya Zoological Park’ set to become India’s first Zoo with IGBC certification: The upcoming ‘Durgesh Aranya Zoological Park’ at Bankhandi in Kangra district would become India’s first zoo to receive certification from the Indian Green Building Council (IGBC) for its sustainable and eco-friendly initiatives.The project has officially been registered with the IGBC, focusing on both building and landscape certifications, which will validate the park’s adherence to high environmental standards.The certification underscores the state’s priority on integrating sustainability into tourism and infrastructure development. Once completed, Durgesh Aranya will not only be a tourist attraction, but also a model for sustainable infrastructure, blending conservation with innovation.The first phase of the zoological park project will cover an area of 25 hectares with an estimated cost of Rs 230 crore. It is slated to be completed by the third quarter of 2025.

 

2. Center Launched CRS Mobile App for Births and Deaths: Union Home Minister Amit Shah has launched a mobile application for seamless and hassle-free registration of birth and death at the click of a button.The Civil Registration System (CRS) mobile app, prepared by the Registrar General and Census Commissioner of India, is expected to significantly reduce the time required for the registration of birth and death.The app facilitates the registration of births and deaths, making the process seamless and hassle-free. Citizens can register at any time and from any location, using their State’s official language.The application is expected to reduce the time required for these registrations. This move is part of a larger effort to modernize government services through digital solutions.

 

3. Praveena Rai takes over as CEO and MD of Multi Commodity Exchange of India: Praveena Rai has appointed as the Managing Director and Chief Executive Officer (MD and CEO) of Multi Commodity Exchange of India (MCX).Her term as MD and CEO is set for five years.With over three decades of experience, Rai is a prominent figure in India’s financial sector,notably contributing to digital and strategic advancements.Prior to joining MCX, Rai served as chief operating officer at the National Payments Corporation of India (NPCI), where she played a key role in formulating business, operational, and technical strategies and shaping the organisation’s industry impact.

 

INTERNATIONAL UPDATES:

 

1. 18-Year-Old Nepal’s Nima Rinji Sherpa Conquered World’s 14 Highest Peaks: At just 18 years old, Nepal’s Nima Rinji Sherpa has achieved a milestone few have accomplished, becoming the youngest climber to reach all 14 of the world’s tallest mountains, known as the “eight-thousanders.”Mr Rinji’s journey culminated with the summit of Shishapangma, Nepal’s 8,027-metre peak, alongside climbing partner Pasang Nurbu Sherpa.

 

2. 2 November – International Day To End Impunity For Crimes Against Journalists: November 2 is observed as the International Day to End Impunity for Crimes against Journalists.Proclaimed by the United Nations, this day focuses on addressing the urgent need to protect journalists and bring those who harm them to justice.It’s a day to stand up for the right to freedom of expression and to honor those who have lost their lives in the pursuit of truth.

 

3. 1 November – World Vegan Day: World Vegan Day is celebrated annually on 1 November, unites vegans worldwide to promote the benefits of plant-based living for individuals, animals, and the environment.The day serves as an opportunity to educate the public about veganism and its positive impact on ethical, environmental, and health concerns.Theme 2024- Many LivesThe Vegan Society, founded in England, established World Vegan Day in 1994 to mark the organization’s 50th anniversary and to celebrate the inclusion of the word ‘vegan’ in the English language.

 

4. 3 November – World Jellyfish Day: World Jellyfish Day is observed every year on 3 November.This day raises awareness about these fascinating marine creatures known for their umbrella-shaped bodies and trailing tentacles.World Jellyfish Day was established in 2014 by marine biologists to raise awareness of the vital role jellyfish play in marine ecosystems.

 

OTHER UPDATES:

DEFENCE

 

1. RK Singh takes over as Defence Secretary: Rajesh Kumar Singh took over as Defence Secretary. He is a 1989-batch IAS officer from Kerala cadre.Earlier, Shri Rajesh Kumar Singh was holding the charge of Secretary, Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry from April 24, 2023 to August 20, 2024.Prior to that, he held the post of Secretary, Department of Animal Husbandry & Dairying, Ministry of Fisheries, Animal Husbandry & Dairying.RK Singh succeeds Shri Giridhar Aramane, a 1988-batch IAS officer of Andhra Pradesh cadre, who superannuated from service on October 31, 2024.

 

2. Indian Army contingent departs for 9th India-Indonesia joint exercise GARUD SHAKTI 24 in Jakarta: The Indian Army contingent comprising 25 personnel departed for Jakarta to take part in the 9th edition of India-Indonesia Joint Special Forces Exercise GARUD SHAKTI 24.The Exercise will be conducted from 1st to 12th of this month.The Indian contingent is being represented by troops from The Parachute Regiment (Special Forces) and Indonesian contingent comprising 40 personnel is represented by Indonesian Special Forces Kopassus.The aim of the Exercise is to acquaint both the sides with each other’s operating procedures, enhance mutual understanding, cooperation and interoperability between the Special Forces of both armies.The Exercise is designed to develop bilateral military cooperation and strengthen bond between two armies through conduct of discussions and rehearsal of tactical military drills.The Exercise will provide an opportunity to both the contingents to strengthen their bond and share best practices. It will also act as a platform to achieve shared security objectives and foster bilateral relations between two nations.

 

3. Indian Army contingent departs for 15th edition of India-US joint Exercise: The Indian Army contingent departed for the 15th edition of India-US joint Special Forces Exercise VAJRA PRAHAR.The exercise is scheduled to be conducted from 2 November to November 22 at the Orchard Combat Training Centre in Idaho, US.The last edition of the same exercise was conducted at Umroi, Meghalaya, in December last year.This will be the second exercise of the year between the Indian and the US Army. The previous exercise, YUDH ABHYAS 2024, was conducted in Rajasthan in September.The aim of Exercise VAJRA PRAHAR is to promote military cooperation between India and the US through enhancement of interoperability, jointness, and mutual exchange of special operations tactics. It will enhance combined capabilities in executing joint Special Forces operations in desert and semi-desert environments.

 

SPORTS 

 

1. Ravindra Jadeja becomes India’s 5th Highest Wicket-Taker in Tests: Ravindra Jadeja surpassed Ishant Sharma to become the fifth-highest wicket-taker for India in Test cricket.He achieved this significant landmark on the opening day of the third and final Test of the series against New Zealand at Wankhede Stadium here.Jadeja went past both Zaheer Khan and Ishant Sharma, who have 311 Test wickets under their kitty apiece, to reach this position with a tally of 312 wickets.With 312 wickets, Jadeja now stands just behind Harbhajan Singh, who claimed 417 wickets across 103 Tests.Apart from this, Ravindra Jadeja has equalled Pakistan spinner Abdul Qadir in the list of most five-wicket hauls by a spinner at home in Test cricket.In the list of most five-fors, Jadeja is currently joint-eighth with Qadir, who picked up 168 wickets from 40 Tests from 1977 to 1990. Both Qadir and Jadeja have 12 five-wicket hauls in home Tests.

 

2. Mansi Ahlawat wins Bronze in women’s 59kg at Senior World Wrestling Championships: In Wrestling, India’s Mansi Ahlawat has clinched the bronze medal in the women’s 59kg category at the Seniors World Championships, in Tirana, Albania.Mansi defeated Laurence Beauregard of Canada, 5-NIL, in the bronze medal match.Risako Kinjo of Japan won the Gold, Tserenchimed Sukhee of Mongolia grabbed the Silver, while Elena Heike Brugger of Germany shared the Bronze with Mansi.

 

3. Krisha Verma clinches Gold Medal at U19 World Boxing Championships: India’s Krisha Verma clinched a gold medal at the U19 World Boxing Championships in Colorado, USA. Krisha defeated Lerika Simon of Germany 5-0 to win the gold medal.Chanchal Chaudhary, however, went down to Ruby White of England in the female 48kg category final as the Indian boxer was disqualified, forcing her to settle for the silver medal.

 

 

 

BANKING AND FINANCE

 

1. GST records second highest collection at 1.87 lakh crore rupees in October: Gross Goods and Services Tax (GST) collection in October rose 9 percent to over 1.87 lakh crore, the second-highest ever, mainly due to rise in domestic sales and improved compliance.The Central GST collection stood at 33,821 crore rupees, State GST at 41,864 crore rupees, Integrated IGST at 99,111 crore rupees and cess at 12,550 crore rupees during the month.The total gross GST revenue grew 8.9 percent to 1, 87,346 crore rupees. In October 2023, the mop-up was at 1.72 lakh crore rupees.October 2024 recorded the second-best GST mop-up. The highest-ever collection was in April 2024 at over 2.10 lakh crore rupees.The strong GST numbers indicate a healthy trajectory for India’s economy, driven by domestic consumption and import activity.

 

Daily GK Update- 2nd Nov, 2024

 NATIONAL UPDATES:

1. Census 2025 : The Government of India has announced the Census for 2025, which has been widely approved. The Census has been crucial since it began in 1872. It records demographic changes, economic conditions, and socio-political trends. The upcoming Census will focus on three major initiatives: caste enumeration, electoral delimitation, and the National Population Register (NPR). Accurate data from the Census is essential for effective governance. It informs social policies, resource allocation, and electoral processes. The upcoming Census will play a pivotal role in shaping India’s future. It will provide vital information about the country’s demographics and social dynamics.

 

2. India’s first Zoo with IGBC certification : The upcoming ‘Durgesh Aranya Zoological Park’ at Bankhandi in Kangra district would become India’s first zoo to receive certification from the Indian Green Building Council (IGBC) for its sustainable and eco-friendly initiatives. The project has officially been registered with the IGBC, focusing on both building and landscape certifications, which will validate the park’s adherence to high environmental standards. The certification underscores the state’s priority on integrating sustainability into tourism and infrastructure development. Once completed, Durgesh Aranya will not only be a tourist attraction, but also a model for sustainable infrastructure, blending conservation with innovation.

 

3. Namo Drone Didi Scheme for Women SHGs Launched : The Indian Government has launched the ‘Namo Drone Didi’ scheme. This initiative aims to empower Women Self Help Groups (SHGs) by providing  drones. The scheme is part of the Deendayal Antyodaya Yojana-National Rural Livelihoods Mission (DAY-NRLM). It has an allocation of ₹1261 crores and will run from 2024 to 2026. The goal is to support farmers by offering drone rental services for agricultural tasks. The scheme is expected to provide sustainable income opportunities for SHGs. It will also introduce advanced technology into agriculture. This initiative aims to enhance productivity, efficiency, and profitability for farmers. The overall goal is to improve rural livelihoods and empower women through technology.

 

INTERNATIONALUPDATES:

1. 18-Year-Old Nepal’s Nima Rinji Sherpa Conquered World’s 14 Highest Peaks : At just 18 years old, Nepal’s Nima Rinji Sherpa has achieved a milestone few have accomplished, becoming the youngest climber to reach all 14 of the world’s tallest mountains, known as the “eight-thousanders.”

Mr Rinji’s journey culminated with the summit of Shishapangma, Nepal’s 8,027-metre peak, alongside climbing partner Pasang Nurbu Sherpa.

 

2. Scientists Discover First Black Hole Triple System : A groundbreaking study has revealed the existence of a “black hole triple” system. This discovery marks the first time scientists have identified such a configuration in space. The system is located approximately 8,000 light years from Earth, in the constellation Cygnus. It features a central black hole, a star spiraling closely around it, and a more distant star. This discovery enhances our understanding of black holes and their formation. It challenges existing theories and opens new avenues for research. The findings were published in the journal Nature, indicating their significance in the field of astrophysics.

OTHER UPDATES:

 

DEFENCE

1. RK Singh takes over as Defence Secretary : Rajesh Kumar Singh took over as Defence Secretary. He is a 1989-batch IAS officer from Kerala cadre. Earlier, Shri Rajesh Kumar Singh was holding the charge of Secretary, Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry from April 24, 2023 to August 20, 2024. Prior to that, he held the post of Secretary, Department of Animal Husbandry & Dairying, Ministry of Fisheries, Animal Husbandry & Dairying. RK Singh succeeds Shri Giridhar Aramane, a 1988-batch IAS officer of Andhra Pradesh cadre, who superannuated from service on October 31, 2024.

 

2. GARUD SHAKTI 24 : The Indian Army contingent comprising 25 personnel departed for Jakarta to take part in the 9th edition of India-Indonesia Joint Special Forces Exercise GARUD SHAKTI 24. The Exercise will be conducted from 1st to 12th of this month. The Indian contingent is being represented by troops from The Parachute Regiment (Special Forces) and Indonesian contingent comprising 40 personnel is represented by Indonesian Special Forces Kopassus. The aim of the Exercise is to acquaint both the sides with each other’s operating procedures, enhance mutual understanding, cooperation and interoperability between the Special Forces of both armies.

 

SPORTS

1. Mansi Ahlawat wins Bronze in women’s 59kg at Senior World Wrestling Championships : In Wrestling, India’s Mansi Ahlawat has clinched the bronze medal in the women’s 59kg category at the Seniors World Championships, in Tirana, Albania. Mansi defeated Laurence Beauregard of Canada, 5-NIL, in the bronze medal match. Risako Kinjo of Japan won the Gold, Tserenchimed Sukhee of Mongolia grabbed the Silver, while Elena Heike Brugger of Germany shared the Bronze with Mansi.

 

2. Krisha Verma clinches Gold Medal at U19 World Boxing Championships : India’s Krisha Verma clinched a gold medal at the U19 World Boxing Championships in Colorado, USA. Krisha defeated Lerika Simon of Germany 5-0 to win the gold medal. Chanchal Chaudhary, however, went down to Ruby White of England in the female 48kg category final as the Indian boxer was disqualified, forcing her to settle for the silver medal.

 

BANKING AND FINANCE

1. GST records second highest collection at 1.87 lakh crore rupees in October : Gross Goods and Services Tax (GST) collection in October rose 9 percent to over 1.87 lakh crore, the second-highest ever, mainly due to rise in domestic sales and improved compliance. The Central GST collection stood at 33,821 crore rupees, State GST at 41,864 crore rupees, Integrated IGST at 99,111 crore rupees and cess at 12,550 crore rupees during the month.

The total gross GST revenue grew 8.9 percent to 1, 87,346 crore rupees. In October 2023, the mop-up was at 1.72 lakh crore rupees.

 

OBITUARIES:

1. Bibek Debroy passes away at 69 Bibek Debroy :  A renowned Indian economist and the Chief of Prime Minister Narendra Modi’s Economic Advisory Council (EAC-PM), passed away at the age of 69. The Padma Shri awardee was widely respected for his contributions to economic policy, scholarly work, and his efforts in translating ancient Sanskrit texts.