Daily Current Affairs November 02

Dear Champions, as you all know that a lot of competitive exams have been notified consequently. Candidates have to prepare themselves according to the level of competition and expectation of the Recruitment board. Regarding that one of the most important topic is Daily Current Affairs November 02. Current Affairs in the form of contemporary events of national & international play a crucial role in almost every competitive exams like Banking, Insurance, SSC, UPSC, TNPSC, Railway etc.

Current affairs are the most dynamic yet scoring among all sections and need to be prepared from the right source. Here, we cafunsta team, providing  Daily GK Updates, Current Affairs Questions, and Monthly  current affairs pdf.

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November 02| Daily Current Affairs 2022

Important Days – Daily Current Affairs November 02

1. All Souls’ Day observed on________?
A) November 2
B) November 1
C) November 3
D) November 5
E) None of these
Answer: A) November 2

  • Date: November 2
  • Day: All Souls’ Day
  • Others: During Roman Catholicism, 2nd November commemorates all those souls who are faithfully departed and are believed to be in purgatory because they died with the guilt of lesser sins on their souls.

Sports – Daily Current Affairs November 02

2. Who created National Record in the 87kg weightlifting category?
A) eremy Lalrinnunga
B) Yogita Khedkar
C) Mirabai Chanu
D) Karnam Malleswari
E) None of these
Answer: B) Yogita Khedkar

  • Khdekar lifted a weight of 78 kg in snatch while lifting 105 kg in clean and jerk, totalling a staggering 183 kg in the junior category.
  • Yogita Khedkar created a new national record after she lifted a total weight of 183 kgs at the Khelo India Women’s Weightlifting tournament in the 87-kg category at Ghaziabad, Uttar Pradesh.

Banking and Finance – Daily Current Affairs November 02

3. Kotak Mahindra Bank had revised interest rates for its fixed deposits (FDs) of_______?.
A) less than Rs 2 crore
B) less than Rs 4 crore
C) more than Rs 2 crore
D) less than Rs 1 crore
E) None of these
Answer: A) less than Rs 2 crore

  • Kotak Mahindra Bank has revised interest rates for its fixed deposits (FDs) of less than Rs 2 crore.
  • The revised interest rates on FDs are effective from November 1, 2022.
  • The interest rate has been revised for both public and senior citizens.
  • Post the revision, the one-year bank fixed deposit will earn 6.10 per cent for the general public and 6.60 per cent for senior citizens.
  • The private sector bank is offering the highest interest rate of 6.30 per cent to the general public on tenure from 23 months to less than three years.
  • In the same tenure, the senior citizens will get an interest rate of 6.80 per cent – 0.50 per cent higher.
Titbits

Kotak Mahindra Bank:

Founded : February 2003
HQ : Mumbai
Chairman,MD & CEO: Uday Kotak
Tagline : Let’s Make Money Simple


4. ICICI & Indian Bank hiked benchmark lending rates to ___________?
A) 50 basis points
B) 35 basis points
C) 25 basis points
D) 45 basis points
E) None of these
Answer: B) 35 basis points

  • ICICI Bank and India Bank raised their benchmark lending rate by up to 35 basis points which will make loans costlier for the borrowers.
  • Private sector lender ICICI Bank increased the Marginal Cost of Funds based Lending Rates (MCLR) across tenure by 20 basis points effective November 1.
  • The one-year MCLR now stands at 8.30 per cent, as per the information posted on the bank’s website.
  • Similarly, the six-month MCLR is now 8.25 per cent.
  • Public sector lender Indian Bank raised the overnight MCLR by 35 basis points to 7.40 per cent.
Titbits

ICICI Bank:

Founded : 05/01/1994
HQ : Vadodara,Gujarat
Chairman : Girish Chandra Chaturvedi
MD & CEO : Sandeep Bakhshi

Indian Bank:

Founded : 15/08/1907
HQ : Chennai
MD & CEO: Shanti Lal Jain
Tagline : Your Own Bank


Business and Economy – Daily Current Affairs November 02

5. Adani Group will invest _________ in Karnataka over 7 years?
A) Rs 3 lakh crore
B) Rs 4 lakh crore
C) Rs 1 lakh crore
D) Rs 2 lakh crore
E) None of these
Answer: C) Rs 1 lakh crore

  • The Adani Group has plans to invest almost Rs 1 lakh crore over the next seven years in Karnataka as it seeks to expand its footprint in multiple sectors, Adani Ports and SEZ Limited CEO Karan Gautam Adani.
  • He said having already invested over Rs 20,000 crore in Karnataka till now, the busineess group is active in multiple sectors in the state, ranging from cement, power, city piped gas and edible oil to transport, logistics and digital.
  • Adani was speaking at the inaugural function of the three-day ‘Invest Karnataka 2022’-Global Investors Meet.
Titbits

Adani Group:

Founded : 2015
Founder : Gautam Adani
Headquarters : Ahmedabad, India


6. Which among the following exported doubles to USD 1.48 bn in Apr-Sep?
A) Rice
B) Wheat
C) Maize
D) Mustard
E) None of these
Answer: B) Wheat

  • The country’s wheat exports more than doubled to USD 1.48 billion during April-September 2022-23 as compared to the year-ago period, the commerce ministry.
  • Wheat export rose to USD 1,487 million in April-September 2022 from USD 630 million in April-September 2021.

Acquisitions and Mergers – Daily Current Affairs November 02

7. Lotus Herbals acquired how many percent stake in Yogic Secrets Healthcare?
A) 30%
B) 20%
C) 25%
D) 35%
E) None of these
Answer: B) 20%

  • Packaged consumer goods company Lotus Herbals has acquired a 20 per cent stake in Gurugram-based startup Yogic Secrets Healthcare for an undisclosed amount.
  • Yogic Secrets Healthcare, which is engaged in the business of research-based nutraceutical products, would use the funding from the family office of Lotus Herbals to scale up their operations in India.
Titbits

Lotus Herbals:

Founded : 1993
Headquarters : New Delhi
Specialties : Beauty, Skin Care, Personal Care, Cosmetics, Make-up, In-salon Services, and Salon Retail


Appointments – Daily Current Affairs November 02

8. Who among the following took over the additional charge of BPCL CMD?
A) Soma Mondal
B) VRK Gupta
C) Uday Shankar
D) Campbell Wilson
E) None of these
Answer: B) VRK Gupta

  • Vetsa Rama Krishna Gupta has taken over the additional charge of Chairman and Managing Director of Bharat Petroleum Corporation Limited (BPCL) post superannuation of Arun Kumar Singh.
  • Gupta, also holds the charge for Director Finance and Director (HR).
Titbits

Bharat Petroleum Corporation Limited (BPCL):

Founded : 1952
Headquarters : Mumbai
Owner : Ministry of Petroleum and Natural Gas
(Hardeep Singh Puri)


9. Who among the following appointed as SEBI executive director?
A) Sanjiv Chadha
B) B Rajendran
C) Gopal Vittal
D) Sashidhar Jagdishan
E) None of these
Answer: B) B Rajendran

  • Capital markets regulator Sebi said that B Rajendran has taken charge as it’s executive director, who will handle alternative investment fund and departments of corporation finance investigation and foreign portfolio investors.
  • Prior to his promotion as executive director, Rajendran was chief general manager in Sebi and has handled several assignments in the markets regulator since joining in 1996, according to a statement issued by the markets watchdog.

Science and Technology – Daily Current Affairs November 02

10. Who among the following launched first Falcon Heavy mission in three years?
A) NASA
B) ISRO
C) SpaceX
D) Starlink
E) None of these
Answer: C) SpaceX

  • SpaceX’s Falcon Heavy, the world’s most-powerful active rocket, lifted off for the first time in more than three years from Florida’s Cape Canaveral, with Elon Musk’s company sending a group of satellites into orbit for the U.S. Space Force.
  • The rocket system, representing three Falcon 9 boosters strapped side-by-side, lifted off at a SpaceX launch pad through dense fog.
  • Two satellites from the U.S Space Force and a group of smaller satellites were bound for orbit.
Titbits

Space Exploration Technologies Corp:

Founded : March 14, 2002
Founder : Elon Musk
Headquarters : Hawthorne, California


11. Who among the following signed an MoU with IISc ?
A) Bellatrix Aerospace
B) Garuda Aerospace
C) OneWeb
D) ISPA
E) None of these
Answer: B) Garuda Aerospace

  • Chennai-based Drone manufacturer Garuda Aerospace has signed a memorandum of understanding with the Indian Institute of Science (IISc) to take up joint activities on technical drone and research operations, the company.
  • Department of Aerospace Engineering would support Garuda Aerospace and IISc in future operations with the MoU being signed for a period of two years.
  • Collaborative operational and research projects in these areas may be taken up by Garuda Aerospace, DoAE and Indian Institute of Science, a press release from Garuda Aerospace.
Titbits

Garuda Aerospace:

Founded : 2015
Founder : Agnishwar Jayaprakash
Headquarters : Chennai, Tamil Nadu


National Affairs – Daily Current Affairs November 02

12. JSW Group planned to invest _________in Karnataka in five years?
A) Rs.1 million
B) Rs.2 trillion
C) Rs.1 trillion
D) Rs.2 million
E) None of these
Answer: C) Rs.1 trillion

  • The JSW Group plans to invest Rs one lakh crore in Karnataka over the next five years.
  • In his address to the inaugural function of ”Invest Karnataka 2022“, the State’s Global Investors’ Meet (GIM) here, he also requested the state government to consider mineral auctions.
  • Jindal said the Group has so far invested over Rs one lakh crore in Karnataka. “And over the next five years, we have plans to invest additional Rs one lakh crore in Karnataka“.

13. Who among the following addressed inaugural session of Invest Karnataka 2022?
A) Hardeep singh Puri
B) G Kishan Reddy
C) Amit shah
D) Narendra Modi
E) None of these
Answer: D) Narendra Modi

  • Invest Karnataka 2022 aims to attract investors from across the world and Prime Minister Narendra Modi will address the inaugural session.
  • Prime Minister Narendra Modi will address the inaugural session of Invest Karnataka 2022, the Global Investors Meet of the state, via video conferencing.
  • According to the official press release, the meeting aims to attract prospective investors and set up development agenda for the next decade.
  • The three-day programme, being held from November 2 to November 4 in Bengaluru, would witness more than 80 speaker sessions.
Titbits

Karnataka:

Capital: Bangalore
CM: Basavaraj Bommai
Governor: Thawar Chand Gehlot
Language: Kannada
National Park: Bandipur National Park
Wildlife Sanctuary: MOOKAMBIKA WILDLIFE SANCTUARY
Ramsar Site: Ranganathittu Bird Sanctuary
Tiger Reserve: Bandipur National park
Power Station: Kaiga Atomic Power Station
Dams: Tungabhadra Dam(River : Tungabhadra)
RRB: Karnataka Gramin Bank & Karnataka Vikas Grameena Bank (Canara Bank)
UNESCO Site: Group of Monuments of Hampi


14. Where PM Modi will inaugurate 3,024 newly constructed flats at Kalkaji under slum rehabilitation project ?
A) Gujarat
B) Goa
C) Kerala
D) Delhi
E) None of these
Answer: D) Delhi

  • Prime Minister Narendra Modi will inaugurate 3,024 newly constructed EWS flats at Kalkaji, Delhi built for rehabilitating slum dwellers under ‘In-Situ Slum Rehabilitation’ Project and hand over keys to eligible beneficiaries at Bhoomiheen Camp in a programme at Vigyan Bhawan in Delhi.
  • The vision of the Prime Minister to provide housing for all, in-situ slum rehabilitation in 376 Jhuggi Jhopri clusters is being undertaken by Delhi Development Authority (DDA).
  • The objective of the rehabilitation project is to provide a better and healthy living environment to the residents of Jhuggi Jhopri clusters, with proper amenities and facilities.
Titbits

New Delhi:

Capital: Delhi
CM: Arvind Kejriwal
Lieutenant Governor: Vinai Kumar Saxena
Language: Hindi
UNESCO Site: Humayun’s Tomb,Qutb Minar,Red Fort

Delhi Development Authority:

Founded : 1957
Objective : “to promote and secure the development of Delhi”


15. Centre cleared how many projects under National Technical Textiles Mission ?
A) 30 projects
B) 20 projects
C) 10 projects
D) 40 projects
E) None of these
Answer: B) 20 projects

  • The government has cleared 20 strategic research projects worth around Rs 74 crore in the areas of specialty fibre, agro-textiles, smart textiles, protective gear, sports textiles and geo textiles segment under its flagship programme National Technical Textiles Mission.
  • The projects were cleared under the chairmanship of Piyush Goyal, Minister of Textiles, Commerce and Industry, Consumer Affairs, Food and Public Distribution, on November 1.
  • Industry and academia linkages are essential for the growth of research and development in the application areas of technical textiles in India.
  • Building convergence with academicians, scientists and researchers is the need of the hour.
Titbits

Ministry of Textiles:

Union minister : Piyush Goyal


16. Who among the following will inaugurate NE regional security coordination conference on Nov 8?
A) Manik Saha
B) Mamata Banerjee
C) Nitish Kumar
D) Sri Basavaraj Bommai
E) None of these
Answer: A) Manik Saha

  • Insurgency, border related issues including drug menace and sharing of intelligence inputs are among the top agenda of the meeting.
  • The regional security meet is seen as important keeping in mind the growing security concern along the international border with China, Myanmar and Bangladesh.
  • To create unrest Anti-Indian forces are still active across the border in the Northeast.

17. Cabinet approved _______ subsidy for P&K fertilisers for rabi season?
A) Rs 41,875 cr
B) Rs 51,875 cr
C) Rs 61,000 cr
D) Rs 31,800 cr
E) None of these
Answer: B) Rs 51,875 cr

  • The government approved a subsidy of Rs 51,875 crore for phosphatic and potassic (P&K) fertilisers for second half of 2022-23 as part of efforts to provide affordable soil nutrients to farmers.
  • The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi approved nutrient-based subsidy (NBS) rates for P&K fertilisers for 2022-23 rabi season.


Over All Review

Important Days

  • 2nd November – All Souls’ Day.

Sports 

  • Yogita Khedkar creates National Record in the 87kg weightlifting category.

Banking and Finance 

  • Kotak Mahindra Bank revises FD interest rates.
  • ICICI, Indian Bank hike benchmark lending rates.

Business And Economy

  • Adani Group to invest Rs 1 lakh crore in Karnataka over 7 years.
  • Wheat export doubles to USD 1.48 bn in Apr-Sep.

Acquisitions and Mergers

  • Lotus Herbals acquires 20 pc stake in Yogic Secrets Healthcare.

Appointments

  • VRK Gupta takes over the additional charge of BPCL CMD.
  • B Rajendran takes charge as Sebi executive director.

Science and Technology

  • SpaceX launches first Falcon Heavy mission in three years.
  • Garuda Aerospace signs MoU with IISc.

National Affairs

  • JSW Group plans to invest Rs one trillion in Karnataka in five years.
  • PM Modi to address inaugural session of Invest Karnataka 2022.
  • Delhi: PM Modi to inaugurate 3,024 newly constructed flats at Kalkaji under slum rehabilitation project.
  • Centre clears 20 projects under National Technical Textiles Mission.
  • Tripura CM to inaugurate NE regional security coordination conference on Nov 8.
  • Cabinet approves Rs 51,875 cr subsidy for P&K fertilisers for rabi season.

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