Daily Current Affairs November 07

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 07. 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 07 | Daily Current Affairs 2024

Important Days – Daily Current Affairs November 07

1. On which date is National Cancer Awareness Day observed annually in India to promote cancer prevention, treatment, and early detection?
A) October 10
B) November 7
C) February 4
D) August 15
E) December 1
Answer: B) November 7

Event and Location:

  • Event: Observance of National Cancer Awareness Day
  • Date: November 7 each year in India

Mandates and Objectives:

  • Purpose of National Cancer Awareness Day:
    • Raising Awareness: The day aims to educate the public about the importance of cancer prevention, treatment options, and early detection.
    • Encouraging Early Screening: Early detection through screenings is critical to improving survival rates as it allows for more effective treatment.
    • Reducing Stigma and Promoting Support: The day promotes open discussions about cancer, breaking the stigma associated with it and offering emotional support to patients and families.
    • Advocating Lifestyle Changes: Encourages healthier lifestyle choices, such as balanced diets, regular exercise, and avoiding tobacco, which can significantly reduce cancer risk.

Types of Common Cancers:

  • Breast Cancer, Lung Cancer, Prostate Cancer, Colorectal Cancer, Skin Cancer, Leukemia, Lymphoma, Cervical Cancer, among others, are some of the most prevalent types of cancer affecting individuals globally.

WHO-Recommended Cancer Prevention Methods:

  • Avoid Tobacco and Limit Alcohol Consumption: These habits are major contributors to various cancers.
  • Maintain a Healthy Diet and Regular Physical Activity: Helps lower the risk of cancers such as colorectal and breast cancer.
  • Protect from UV Exposure and Regular Screenings: Reduces the risk of skin cancer and aids in early detection of cancers through routine check-ups like mammograms and Pap smears.

Significance:

  • National Cancer Awareness Day plays an important role in India’s public health efforts to educate people on cancer prevention, reduce the burden of cancer, and support healthy living, thereby enhancing survival rates and quality of life.

Static GK Information:

Titbits

World Health Organization (WHO):

  • Headquarters: Geneva, Switzerland
  • Founded: 7 April 1948
  • Director-General: Dr. Tedros Adhanom Ghebreyesus

Tabular Summary:

Aspect Details
Event National Cancer Awareness Day
Date November 7
Primary Objectives Cancer awareness, early detection, prevention, and support
Key Focus Areas Screening, lifestyle changes, reducing stigma, patient support
Common Cancer Types Highlighted Breast, lung, prostate, colorectal, skin, cervical cancer
WHO Prevention Guidelines Avoid tobacco, limit alcohol, maintain a healthy diet, regular exercise

Sports – Daily Current Affairs November 07

2. Max Verstappen’s recent victory from 17th on the grid makes him the first F1 driver to have won from how many different starting positions?
A) 5
B) 8
C) 9
D) 10
E) 12
Answer: D) 10

Event and Location:

  • Event: Max Verstappen’s victory at the 2024 Brazilian Grand Prix
  • Location: Interlagos Circuit, São Paulo, Brazil

Mandates and Objectives:

  • Historical Achievement: Verstappen’s 62nd career victory equates his total wins to those of F1’s first six world champions combined, including Juan Manuel Fangio and Jack Brabham.
  • Record-Breaking Win: By winning from 17th on the grid, Verstappen broke the record of wins from the most diverse starting positions, now totaling 10 different grid slots.
  • Unique Feat: He surpassed Fernando Alonso’s record of winning from nine different starting positions.
  • Previous Lowest Position Victory: Previously, Verstappen’s lowest win starting position was 14th at the 2022 Belgian Grand Prix.

Important Terms Explained:

  • Starting Position Victory Record: The record held by Verstappen, who has now won from ten different starting grid positions in F1.
  • F1’s First Six World Champions: Combined 62 wins by Giuseppe Farina, Juan Manuel Fangio, Alberto Ascari, Mike Hawthorn, Jack Brabham, and Phil Hill.

Static GK Information:

Titbits

Brazil:

  • Capital: Brasília
  • Currency: Brazilian Real (BRL)
  • President: Luiz Inácio Lula da Silva

Tabular Summary:

Aspect Details
Event Verstappen’s 2024 Brazilian GP victory
Starting Position for Victory 17th
Total Career Wins 62
New Record Achieved Wins from 10 different starting positions
Previous Lowest Win Starting Position 14th at 2022 Belgian GP
Comparison with Early Champions Verstappen’s wins now match the first six F1 champions combined

3. Where was the 4th LG Cup Horse Polo-2024 Tournament inaugurated?
A) Leh
B) Kargil
C) Srinagar
D) Drass
E) Nubra
Answer: D) Drass

Event and Location:

  • Event: 4th LG Cup Horse Polo-2024 Tournament
  • Location: Goshan Stadium in Drass, Ladakh

Mandates and Objectives:

  • Inauguration: Lieutenant Governor of Ladakh, Brigadier (Dr) BD Mishra (Retd), inaugurated the tournament and the newly constructed Polo Stadium at Goshan, built at an estimated cost of Rs 6.84 crore.
  • Organizers: The tournament was organized by the Department of Youth Services and Sports, UT Ladakh.
  • Promotion of Traditional Sports: The Lt Governor emphasized Ladakh’s commitment to supporting youth and preserving the cultural significance of horse polo.
  • Initiative for Women in Polo: The administration has sent 12 girls from Kargil to Delhi for horse riding and polo training with the President’s Body Guard to encourage women’s participation in polo.

Notable Dignitaries Present:

  • Chairman/CEC, LAHDC Kargil, Dr. Mohd Jaffer Akhoon: He highlighted polo’s historical importance and stressed the need for local sports infrastructure.
  • Ladakh MP Mohammad Haneefa: Expressed gratitude for government support in promoting traditional sports and the tourism potential it holds.

Important Terms Explained:

  • Horse Polo: A traditional sport involving skilled coordination between player and horse, culturally significant in Ladakh.
  • LAHDC (Ladakh Autonomous Hill Development Council): An autonomous administrative body governing Leh and Kargil districts, responsible for local development, including sports infrastructure.

Static GK Information:

Titbits

Ladakh:

  • Capital: Leh
  • Lieutenant Governor: Brigadier (Dr) BD Mishra (Retd)

Tabular Summary:

Aspect Details
Event 4th LG Cup Horse Polo-2024 Tournament
Location Goshan Stadium, Drass, Ladakh
Inaugurated By Lieutenant Governor of Ladakh, Brigadier (Dr) BD Mishra (Retd)
Organizers Department of Youth Services and Sports, UT Ladakh
Stadium Cost Rs 6.84 crore
Key Initiatives Women’s training in horse riding and polo in collaboration with the President’s Body Guard
Goal Promote traditional sports, support youth development, and boost tourism

 

Banking and Finance – Daily Current Affairs November 07

4. Which financial institution recently committed $400 million to Bajaj Finance to promote climate finance and support women-owned microenterprises?
A) Asian Development Bank
B) World Bank
C) International Monetary Fund
D) International Finance Corporation
E) Reserve Bank of India
Answer: D) International Finance Corporation

Event and Location:

  • Event: IFC’s commitment of $400 million to Bajaj Finance Ltd. (BFL)
  • Location: India

Mandates and Objectives:

  • Funding Purpose: IFC’s $400 million loan aims to expand financing options for:
    • Electric Vehicles (EVs) including two-wheelers, three-wheelers, and four-wheelers.
    • Energy Efficient Consumer Goods (EECG), contributing to reduced greenhouse gas emissions.
    • Women-owned Microenterprises, to promote gender equality in finance.
  • Strategic Impact: This funding aligns with India’s net-zero emissions targets by promoting climate finance, e-mobility, and energy efficiency.

Partnership with Bajaj Finance:

  • Joint Initiative for Green Growth: The collaboration between IFC and Bajaj Finance seeks to encourage responsible environmental practices and gender inclusivity in the financial sector.
  • Market Influence: IFC’s involvement is expected to stimulate competition in the climate finance market, encouraging NBFCs and other investors to fund sustainable energy projects.

Important Terms Explained:

  • International Finance Corporation (IFC): A part of the World Bank Group focused on promoting private sector investment in emerging markets to support sustainable development.
  • Climate Finance: Financial support aimed at projects that reduce greenhouse gas emissions or promote energy efficiency.
  • Energy Efficient Consumer Goods (EECG): Appliances and products designed to use less energy, contributing to lower carbon emissions.

Static GK Information:

Titbits

International Finance Corporation (IFC):

  • Member of: World Bank Group
  • Headquarters: Washington, D.C., USA
  • Regional Director for South Asia: Imad N. Fakhoury

Bajaj Finance Ltd (BFL):

  • Headquarters: Pune, Maharashtra, India
  • CFO & COO: Sandeep Jain

Tabular Summary:

Aspect Details
Event IFC’s $400 million commitment to Bajaj Finance
Purpose of Funding To support EV purchases, energy-efficient goods, and women-led microenterprises
Climate Finance Goal Contribute to India’s net-zero emissions target
Key Focus Areas Green growth, gender empowerment, and financial inclusion
Expected Market Impact Increased climate finance competition
Annual Growth of Appliance Market Estimated 7.35% annually for household appliances

5. Which bank recently infused Rs 5,113 crore to strengthen its operations in India?
A) HSBC
B) JPMorgan Chase
C) Deutsche Bank
D) Barclays
E) Citibank
Answer: C) Deutsche Bank

Event and Location:

  • Event: Deutsche Bank’s capital infusion of Rs 5,113 crore
  • Location: India

Mandates and Objectives:

  • Capital Expansion: Deutsche Bank’s latest Rs 5,113 crore infusion is its largest allocation to India in recent years, reflecting a 33% increase in capital from 2023 levels, raising its regulatory capital for India to nearly Rs 30,000 crore.
  • Strategic Growth Areas: The bank is focusing on growth in corporate, investment, and private banking, aligning with India’s strengths in digital transformation, sustainable finance, technology, and infrastructure development.
  • Historical Capital Infusions: Previous capital infusions include Rs 3,800 crore in 2019 and Rs 2,700 crore in 2020, showing a consistent commitment to India’s market potential.

Business Performance and Financials:

  • Balance Sheet and Profit Growth: As of March 31, 2024, Deutsche Bank India had a balance sheet size of Rs 1.45 lakh crore and reported a 35% year-on-year profit increase to Rs 1,977 crore.
  • Operational Metrics: Deposits grew by 10%, advances increased by 5.32%, and asset quality improved with net NPA ratio dropping to 0.32% from 0.91%.

Important Terms Explained:

  • Capital Adequacy Ratio (CAR): A measure of a bank’s financial strength, calculated by dividing capital by risk-weighted assets. Deutsche Bank’s CAR in India stood at 16.26% as of March 2024, demonstrating its solid capital base.
  • Net NPA Ratio: The percentage of a bank’s non-performing assets, net of provisions, indicating asset quality. Deutsche Bank India’s net NPA ratio improved significantly to 0.32% in FY24.

Static GK Information:

Titbits

Deutsche Bank:

  • Headquarters: Frankfurt, Germany
  • Founded: 1870
  • CEO (Global): Christian Sewing
  • CEO for Asia-Pacific: Alexander von zur Muehlen
  • Country CEO for India: Kaushik Shaparia

Tabular Summary:

Aspect Details
Event Deutsche Bank’s Rs 5,113 crore capital infusion in India
Strategic Growth Sectors Corporate, investment, and private banking
Total Regulatory Capital Nearly Rs 30,000 crore
FY24 Profit Growth 35% increase to Rs 1,977 crore
Capital Adequacy Ratio 16.26%
Improvement in Asset Quality NPA ratio reduced to 0.32% from 0.91%
Branches in India 17
Historical Infusions Rs 3,800 crore in 2019, Rs 2,700 crore in 2020

6. Which organization has provided a $200 million loan to improve water and sanitation infrastructure in Uttarakhand?
A) World Bank
B) International Monetary Fund
C) Asian Development Bank
D) United Nations Development Programme
E) New Development Bank
Answer: C) Asian Development Bank

Event and Location:

  • Event: Signing of a $200 million loan agreement for water and sanitation improvement
  • Location: Uttarakhand, India

Mandates and Objectives:

  • Primary Focus: The loan from the Asian Development Bank (ADB) is intended to enhance urban infrastructure and boost disaster resilience in Uttarakhand, particularly in Haldwani and four other cities: Champawat, Kichha, Kotdwar, and Vikasnagar.
  • Infrastructure Developments:
    • Haldwani: Construction of 16 km of climate-resilient roads, intelligent traffic management systems, and the introduction of CNG and electric buses. Also includes 36 km of drainage systems and an early warning system for floods.
    • Water Services: Installation of 1,024 km of climate-resilient pipelines with smart meters, 26 tubewells, reservoirs, and a 3.5 million litres per day water treatment plant for improved water distribution.
    • Sanitation Improvements: Establishment of sewage treatment plants in Vikasnagar to benefit 2,000 households.
  • Capacity Building and Gender Equity: The project will train local women in skills such as bus driving and electric vehicle charging station management, as well as water management roles, aiming to empower women, especially from vulnerable households.

Important Terms Explained:

  • Climate-Resilient Infrastructure: Infrastructure built to withstand extreme weather events, like floods and landslides, which are common in Uttarakhand.
  • Smart Water Meters: Advanced metering technology to monitor water usage accurately, helping manage water distribution efficiently.
  • Asian Development Bank (ADB): A regional development bank that supports social and economic development in Asia and the Pacific.

Static GK Information:

Titbits

Asian Development Bank (ADB):

  • Member Countries: 68
  • Founded Year: 1966
  • Headquarters: Manila, Philippines
  • Country Director for India: Mio Oka

Uttarakhand:

  • Capital: Dehradun
  • Chief Minister: Pushkar Singh Dhami
  • Governor: Gurmit Singh

Tabular Summary:

Aspect Details
Event $200 million loan from ADB for Uttarakhand infrastructure
Primary Focus Urban water, sanitation, and disaster resilience
Key Areas Targeted Haldwani, Champawat, Kichha, Kotdwar, Vikasnagar
Haldwani Infrastructure Climate-resilient roads, CNG/electric buses, drainage
Water Services Improvements Climate-resilient pipelines, smart water meters, reservoirs
Sanitation Sewage treatment for Vikasnagar
Additional Focus Women’s training in water management and EV infrastructure
Goal Improve urban services, climate adaptation, and inclusivity

Business and Economy – Daily Current Affairs November 07

7. What is the primary focus of the recent agreement between TCS and Air France-KLM?
A) To enhance TCS’s e-commerce capabilities
B) To migrate Air France-KLM’s critical data and systems to the cloud
C) To develop new data centers for Air France-KLM
D) To increase TCS’s workforce in France
E) To create a new airline operations center
Answer: B) To migrate Air France-KLM’s critical data and systems to the cloud

Event and Location:

  • Event: TCS signs cloud data migration agreement with Air France-KLM
  • Location: Across TCS centers in France, Netherlands, and India, with collaborative work in Toulouse by Air France-KLM’s data teams

Mandates and Objectives:

  • Objective: To support Air France-KLM in becoming the most data-centric airline group by migrating core systems and business data to the cloud.
  • Scope of Migration: The transition covers flight operations, passenger information, aircraft maintenance, and e-commerce systems, enhancing data accessibility and system flexibility.
  • Timeline and Execution: A three-year project led by a team of over 100 professionals across TCS’s global centers. Data accessibility on the new cloud is expected within the first year.
  • Operational Efficiency: The move is intended to help Air France-KLM exit traditional data centers, increase operational efficiency, and improve agility to better meet customer expectations.

Important Terms Explained:

  • Cloud Migration:
    • The process of moving data, applications, and IT processes from data centers to the cloud, which enables scalability and accessibility.
  • Data-Centric Approach:
    • A strategy focusing on leveraging data insights to optimize business operations, decision-making, and customer satisfaction.

Static GK Information:

Titbits

Tata Consultancy Services (TCS):

  • Headquarters: Mumbai, Maharashtra, India
  • Founded: 1968
  • CEO: K. Krithivasan

Air France-KLM Group:

  • Headquarters: Tremblay-en-France, France
  • Founded: 2004 (merger of Air France and KLM)
  • CEO: Benjamin Smith

Tabular Summary:

Key Detail Information
Event TCS inks cloud data migration deal with Air France-KLM
Date 7th November 2024
Primary Objective Migrate critical data and systems to the cloud
Covered Systems Flight operations, passenger data, maintenance, e-commerce
Project Timeline 3 years
Workforce 100 professionals across TCS centers in France, Netherlands, and India
Expected Outcome Improved data accessibility, operational efficiency, agility

8. What percentage stake does Bharti Telecom now hold in Bharti Airtel after acquiring an additional 1.2% stake?
A) 39.1%
B) 40.33%
C) 41.5%
D) 50.56%
E) 49.44%
Answer: B) 40.33%

Event and Location:

  • Event: Bharti Telecom acquires an additional 1.2% stake in Bharti Airtel from Indian Continent Investment Ltd (ICIL)
  • Location: Announced in a regulatory filing by Bharti Airtel, headquartered in New Delhi, India

Mandates and Objectives:

  • Objective: Bharti Telecom aims to increase its stake in Bharti Airtel, consolidating control over the company.
  • Stake Distribution:
    • Bharti Telecom now holds 40.33% stake in Bharti Airtel after acquiring an additional 1.2%.
    • Indian Continent Investment Ltd holds a reduced stake of 3.31% in Airtel post-transaction.
  • Transaction Context:
    • The stake transfer was an off-market transaction and estimated to be valued at approximately ₹11,650 crore based on Airtel’s share price of ₹1,598.75 on the BSE.
    • Earlier in the week, Bharti Telecom raised ₹11,150 crore in six financial tranches, with tenures ranging from 3 to 10 years.
  • Ownership Structure: The Mittal family holds 50.56% of Bharti Telecom, while Singtel holds 49.44%.

Important Terms Explained:

  • Off-Market Transaction:
    • A transfer of shares directly between two parties, bypassing a stock exchange.
    • Commonly used for transactions within promoter or family-owned entities.

Static GK Information:

Titbits

Bharti Airtel:

  • Headquarters: New Delhi, India
  • Founded: 1995
  • Founder and Chairman: Sunil Bharti Mittal
  • CEO: Gopal Vittal

Bharti Telecom:

  • Primary Stakeholders: Sunil Bharti Mittal family (50.56%) and Singtel (49.44%)

Tabular Summary:

Key Detail Information
Event Bharti Telecom buys 1.2% stake in Bharti Airtel
Date 7th November 2024
Transaction Value Approx. ₹11,650 crore (based on share price)
Bharti Telecom’s Stake in Airtel 40.33%
Indian Continent Investment Ltd’s Stake 3.31%
Ownership in Bharti Telecom Mittal Family (50.56%), Singtel (49.44%)

 

Appointments – Daily Current Affairs November 07

9. Who recently won the Moldovan presidential election, despite allegations of interference by Russia?
A) Alexandr Stoianoglu
B) Maia Sandu
C) Vladimir Putin
D) Vadim Krasnoselsky
E) Igor Dodon
Answer: B) Maia Sandu

Event and Location:

  • Event: Moldovan presidential election and victory of Maia Sandu
  • Location: Moldova, particularly in the capital, Chisinau

Mandates and Objectives:

  • Election Outcome: Maia Sandu, Moldova’s pro-European Union president, secured 55% of the vote in the runoff election, winning a second term against Alexandr Stoianoglu.
  • Alleged Interference by Russia: Sandu claimed that Moscow engaged in “unprecedented” interference, with tactics reportedly including disinformation, cyber-attacks, and attempts to sway the diaspora vote.
  • Impact of Diaspora Voting: Moldovan citizens living in European countries, who generally favor Sandu’s pro-EU stance, reportedly made up a decisive portion of her support.
  • Parliamentary Elections: With Moldova’s parliamentary elections approaching, there are concerns that Russian interference could intensify in an attempt to influence Moldova’s path toward EU membership.

Geopolitical Context and Regional Influence:

  • Russian Presence in Transnistria: Russia already has a military presence in Transnistria, a breakaway region in Moldova, which it could use as a staging area for regional influence or potential military operations.
  • Support from the EU and the US: Leaders like US President Joe Biden praised Sandu’s victory, viewing it as a resistance to Russian influence in the region.
  • Regional Tensions: Moldova remains wary of escalating Russian aggression in Ukraine, with recent airspace intrusions near its border raising security concerns.

Important Terms Explained:

  • Diaspora Vote: Refers to voting by Moldovan citizens residing abroad; for this election, it was largely favorable to Sandu.
  • Transnistria: A self-declared republic in eastern Moldova with Russian military presence, providing Moscow with a strategic foothold.
  • Gagauzia: An autonomous region in southern Moldova, with some pro-Russian sentiment, often advocating for closer ties with Moscow.

Static GK Information:

Titbits

Moldova:

  • Capital: Chisinau
  • Currency: Moldovan Leu (MDL)
  • President: Maia Sandu

Russia:

  • Capital: Moscow
  • Currency: Russian Ruble (RUB)
  • President: Vladimir Putin

Tabular Summary:

Aspect Details
Event Maia Sandu’s re-election as Moldovan president
Location Moldova, particularly in Chisinau
Election Outcome Sandu received 55% of votes
Main Opponent Alexandr Stoianoglu
Alleged Foreign Interference Russian attempts at election interference
Key Voter Base Moldovan diaspora in Europe
Strategic Concerns Russian military influence in Transnistria
Regional Allies EU support, US recognition of Sandu’s victory

 

Science and Technology – Daily Current Affairs November 07

10. Which country recently launched the world’s first wooden satellite, named LignoSat, to test space-grade wood?
A) United States
B) Japan
C) Russia
D) India
E) China
Answer: B) Japan

Event and Location:

  • Event: Launch of LignoSat, the world’s first wooden satellite.
  • Location: Japan

Mandates and Objectives:

  • Purpose: The satellite aims to test the resilience of honoki (a magnolia tree wood) in space.
  • Orbit Duration: LignoSat will orbit Earth for six months.
  • Design Technique: Built by Kyoto University researchers, LignoSat uses traditional Japanese craftsmanship, constructed without screws or glue.
  • Material Testing: A 10-month experiment on the ISS identified honoki as the ideal timber for space due to its durability and adaptability.

Important Terms Explained:

  • LignoSat: The first wooden satellite, developed to examine wood’s performance under space conditions.
  • Honoki Wood: Timber from the magnolia tree, traditionally used for sword sheaths, now tested for space applications.
  • International Space Station (ISS): The platform where honoki wood was tested for space-grade viability over 10 months.

Static GK Information:

Titbits

Japan:

  • Capital : Tokyo
  • Currency : Japanese Yen (JPY)
  • Prime Minister : Fumio Kishida

Tabular Summary:

Aspect Details
Event Launch of the world’s first wooden satellite, LignoSat
Launch Location Japan
Developed By Kyoto University researchers
Material Used Honoki wood (magnolia tree)
Purpose of Launch To test wood as a space-grade material
Satellite Duration in Orbit 6 months
Temperature Range Tolerance -100 to 100 degrees Celsius
Innovation Constructed without screws or glue
ISS Experiment Duration 10 months

11. What is the primary objective of Zimbabwe’s newly launched satellite, ZIMSAT-2?
A) Disaster management
B) Enhancing urban transport
C) Agricultural monitoring and resource management
D) Mineral extraction
E) Telecommunications
Answer: C) Agricultural monitoring and resource management

Event and Location:

  • Event: Launch of ZIMSAT-2, Zimbabwe’s second satellite
  • Location: Launched from Vostochny Cosmodrome in Russia’s Amur Oblast

Mandates and Objectives:

  • Primary Mission of ZIMSAT-2:
    • Agricultural Monitoring: Equipped with a multispectral camera, ZIMSAT-2 will monitor crop health, forecast yields, and identify nutrient deficiencies, benefiting Zimbabwe’s agriculture sector, which is crucial to its economy.
    • Resource Management and Urban Planning: Provides detailed imagery for resource exploration and urban mapping to aid in sustainable urban planning and infrastructure development in Zimbabwe.
  • Satellite Control and Data Management:
    • Zimbabwe’s Mazowe Ground Station will undergo upgrades to improve satellite communication and data retrieval for ZIMSAT-2, enhancing national satellite operations.

Collaborative Efforts and Technological Development:

  • Local Engineering Contributions: The Zimbabwe National Geo-Spatial and Space Agency (ZINGSA) worked with Southwest State University in Russia, involving Zimbabwean engineers and students to develop ZIMSAT-2, marking a significant step in building national expertise in space technology.

Important Terms Explained:

  • Multispectral Imaging: A technology used to capture images in multiple wavelengths, allowing detailed analysis of vegetation health, soil conditions, and land resources.
  • Mazowe Ground Station: The main ground station in Zimbabwe, upgraded to improve satellite tracking, data handling, and overall satellite management capabilities.

Static GK Information:

Titbits

Zimbabwe:

  • Capital: Harare
  • Currency: Zimbabwean Dollar (ZWL)
  • President: Emmerson Mnangagwa

Asian Development Bank:

  • Headquarters: Manila, Philippines
  • Founded: 1966
  • Member Countries: 68

Tabular Summary:

Aspect Details
Event Launch of ZIMSAT-2 satellite
Primary Mission Focus Agricultural monitoring, urban mapping, and resource management
Launch Location Vostochny Cosmodrome, Russia
Ground Control Station Mazowe Ground Station, Zimbabwe
Key Benefits for Zimbabwe Supports agriculture, resource management, and sustainable urban planning
Collaborators Zimbabwe National Geo-Spatial and Space Agency (ZINGSA) with Southwest State University, Russia

Defence – Daily Current Affairs November 07

12. Who will inaugurate the 2nd edition of the Indian Military Heritage Festival on November 8, 2024?
A) Prime Minister Narendra Modi
B) Defence Minister Rajnath Singh
C) Chief of Defence Staff Gen Anil Chauhan
D) Air Chief Marshal VR Chaudhari
E) Army Chief Gen Manoj Pande
Answer: C) Chief of Defence Staff Gen Anil Chauhan

Event and Location:

  • Event: 2nd edition of the Indian Military Heritage Festival (IMHF)
  • Location: New Delhi, India
  • Date: November 8-9, 2024

Mandates and Objectives:

  • Purpose of the Festival: The IMHF aims to highlight India’s military history, national security, and military heritage through discussions, exhibits, and publications. The event will bring together global think tanks, corporations, research scholars, and students.
  • Inauguration and Special Launch: Chief of Defence Staff, Gen Anil Chauhan, will inaugurate the festival along with the three Service Chiefs. The festival will also launch Project Shaurya Gatha, a joint initiative between the Department of Military Affairs and USI of India to conserve and promote India’s military heritage through educational and tourism initiatives.

Key Highlights of the Festival:

  • Book Releases: The festival will feature prominent book launches, including:
    • Because of This: A History of the Indo-Pak Air War December 1971 by Air Mshl Vikram Singh (Retd)
    • Valour and Honour, a publication by the Indian Army and USI of India
    • Silent Weapons, Deadly Secrets by Dr. Mrinmayee Bhushan, edited by Lt Gen Vinod Khandare (Retd)
  • DRDO Exhibition: The Defence Research and Development Organisation (DRDO) will present a photo exhibition showcasing its contributions to Atmanirbhar Bharat through defence innovations.
  • Youth Engagement: Participation from NCC Cadets and students from Delhi NCR aims to inspire youth toward careers in the armed forces, with informative stalls from the three Services.

Supporting Organizations:

  • The event is supported by the Ministry of Defence, Department of Military Affairs (DMA), Indian Army, Indian Navy, Indian Air Force, DRDO, Department of Tourism Ladakh, Government of Arunachal Pradesh, Ministry of Culture, and the British High Commission.

Static GK Information:

Titbits

Department of Military Affairs (DMA):

  • Founded: December 2019
  • Headquarters: New Delhi, India
  • Chief of Defence Staff: Gen Anil Chauhan

Tabular Summary:

Aspect Details
Event 2nd Edition of the Indian Military Heritage Festival
Inauguration By Chief of Defence Staff Gen Anil Chauhan
Launch of Project Project Shaurya Gatha to conserve and promote military heritage
Festival Dates November 8-9, 2024
Key Highlights Book releases, DRDO exhibition, youth participation
Supporting Bodies Ministry of Defence, DMA, DRDO, Department of Tourism, Ministry of Culture

 

National Affairs – Daily Current Affairs November 07

13. The Ningol Chakkouba Festival is primarily celebrated by which community in Manipur?
A) Kuki
B) Naga
C) Meitei
D) Bodo
E) Mizo
Answer: C) Meitei

Event and Location:

  • Event: Celebration of Ningol Chakkouba Festival
  • Location: Manipur, India

Mandates and Objectives:

  • Cultural Significance: Ningol Chakkouba is one of the most significant festivals in Manipur and is primarily celebrated by the Meitei community.
  • Festival Date: It occurs annually on the second day of Hiyangei, a lunar month in the Meitei calendar.
  • Main Traditions: Married daughters or sisters return to their maternal homes for a grand feast and reunion. This visit is accompanied by gift-giving as a token of familial affection.
  • Invitation Custom: Sons in the family formally invite their sisters for the festival a week before the event.
  • Expanded Participation: Over the years, the festival has seen increased participation from various communities within and outside Manipur.

Important Terms Explained:

  • Ningol Chakkouba Festival: A festival fostering family bonds, where married daughters are welcomed home for a feast and receive gifts.
  • Meitei Calendar: A traditional calendar of the Meitei people, used to determine the dates of cultural and religious events.

Static GK Information:

Titbits

Manipur:

  • Capital : Imphal
  • Chief Minister : N. Biren Singh
  • Governor : Anusuiya Uikey

Tabular Summary:

Aspect Details
Event Ningol Chakkouba Festival
Celebrated By Primarily the Meitei community
Location Manipur
Celebration Month Second day of the Meitei lunar month of Hiyangei
Tradition Married daughters visit maternal homes for a feast and gifts
Invitation Custom Brothers invite sisters one week before the festival
Last Year’s Status Not celebrated due to ethnic violence

14. Which Indian state recently approved a semiconductor manufacturing project worth ₹3,706 crore in partnership with HCL-Foxconn?
A) Maharashtra
B) Tamil Nadu
C) Uttar Pradesh
D) Gujarat
E) Karnataka
Answer: C) Uttar Pradesh

Event and Location:

  • Event: Approval of the HCL-Foxconn Semiconductor Project
  • Location: Uttar Pradesh, specifically along the Yamuna Expressway near Noida International Airport

Mandates and Objectives:

  • Project Purpose: Strengthen India’s semiconductor production capabilities and reduce import dependence.
  • Project Approval: UP Cabinet has approved projects by Vamasundari Investment (HCL Group) and Tarq Semiconductor (Hiranandani Group) to create a semiconductor manufacturing hub.
  • Investment Details:
    • Vamasundari Investment (HCL Group): ₹3,706 crore, Sector 10 near Noida International Airport.
    • Tarq Semiconductor (Hiranandani Group): ₹28,440 crore, Sector 28 along the Yamuna Expressway.

Employment Potential:

  • Direct Employment: 1,000 jobs
  • Indirect Employment: 10,000 jobs with an additional 3,780 employment opportunities from HCL’s project

Infrastructure and Joint Venture Details:

  • Joint Venture: HCL’s Vamasundari Investments holds 60% equity, with Foxconn holding 40% for OSAT (Outsourced Semiconductor Assembly and Test) facility.
  • Land Allotment: Yamuna Expressway Industrial Development Authority (YEIDA) has allocated 50 acres to Vamasundari Investments.
  • Infrastructure Needs: Requires 9,000 KVA of electricity and 2,000 MLD of water per day, with plans for 85% water recycling efficiency.
  • Government Support: Additional incentives offered by the state alongside central support under the India Semiconductor Mission (ISM).

Important Terms Explained:

  • India Semiconductor Mission (ISM): A central government scheme to support and strengthen semiconductor manufacturing in India.
  • OSAT (Outsourced Semiconductor Assembly and Test): A process where testing and assembly of semiconductor components are outsourced, enhancing production efficiency.

Static GK Information:

Titbits

Uttar Pradesh:

  • Capital : Lucknow
  • Chief Minister : Yogi Adityanath
  • Governor : Anandiben Patel

Foxconn:

  • Chairman : Young Liu

Hiranandani Group:

  • Chairman : Niranjan Hiranandani

HCL Technologies:

  • Chairperson : Roshni Nadar Malhotra

Tabular Summary:

Aspect Details
Event Approval of HCL-Foxconn Semiconductor Project in UP
Location Sector 10, along Yamuna Expressway, near Noida International Airport
Investment by HCL Group ₹3,706 crore
Investment by Hiranandani Group ₹28,440 crore
Direct and Indirect Employment 1,000 direct jobs, 10,000 indirect jobs
Equity Structure 60% HCL (Vamasundari Investments), 40% Foxconn
Infrastructure Needs 9,000 KVA electricity, 2,000 MLD water
Government Support Additional incentives, backed by India Semiconductor Mission (ISM)
Strategic Impact Reduces import dependency, strengthens UP’s high-tech infrastructure

15. Which railway station in Bihar is set to be renamed as Ajgaibinath Dham?
A) Patna Junction
B) Gaya Junction
C) Sultanganj Railway Station
D) Bhagalpur Railway Station
E) Rajgir Railway Station
Answer: C) Sultanganj Railway Station

Event and Location:

  • Event: Renaming of Sultanganj Railway Station to Ajgaibinath Dham
  • Location: Sultanganj, Bhagalpur district, Bihar

Mandates and Objectives:

  • Renaming Proposal: Samrat Choudhary, the Deputy Chief Minister of Bihar, announced plans to rename Sultanganj Railway Station after the Ajgaibinath Dham temple, an ancient and revered shrine dedicated to Lord Shiva.
  • Approval Process: The renaming proposal has been approved by the local municipal council and will be forwarded to higher authorities for final authorization.

Significance of Ajgaibinath Temple:

  • Religious Importance: Ajgaibinath Dham is a renowned Hindu temple dedicated to Lord Shiva and is located on the banks of the Ganga River in Sultanganj.
  • Architectural Features: The temple is known for its intricate carvings and stone inscriptions, attracting devotees and tourists alike.

Static GK Information:

Titbits

Bihar:

  • Capital: Patna
  • Chief Minister: Nitish Kumar
  • Governor: Rajendra Arlekar

Tabular Summary:

Aspect Details
Event Renaming of Sultanganj Railway Station
New Name Ajgaibinath Dham
Location Bhagalpur district, Bihar
Religious Significance Named after Ajgaibinath Temple, dedicated to Lord Shiva
Authority Involved Municipal council approved, awaiting final authorization
Architectural Highlights Known for exquisite carvings and inscriptions

16. Which healthcare group recently signed an MoU with the Ministry of Labour & Employment to enhance job opportunities on the National Career Service (NCS) portal?
A) Apollo Hospitals
B) Fortis Healthcare
C) Max Healthcare
D) Cygnus Ujala Group
E) Manipal Hospitals
Answer: D) Cygnus Ujala Group

Event and Location:

  • Event: Signing of MoU between Ministry of Labour & Employment and Cygnus Ujala Group
  • Location: New Delhi, India

Mandates and Objectives:

  • Purpose of MoU: The MoU aims to increase healthcare job opportunities by leveraging the National Career Service (NCS) portal. Cygnus Ujala Group will post healthcare vacancies on the NCS platform, focusing particularly on jobs in Tier 2 and Tier 3 cities.
  • Key Features of the Collaboration:
    • Job Postings: Cygnus Ujala Group, along with its staffing agencies, will regularly post job openings on the NCS portal and conduct recruitment through it.
    • Inclusivity Focus: The partnership emphasizes equal employment opportunities for women in the healthcare sector.
    • Job Fairs: Job fairs will be organized at Model Career Centers (MCCs), allowing job seekers to interact directly with Cygnus’s recruitment teams.

NCS Portal Upgrades and Impact:

  • Platform Growth: The NCS portal serves as a single-window platform for employers and job seekers, with over 35 lakh registered employers and 1.10 crore active job seekers as of October 2024.
  • Expansion of Job Opportunities: Partnerships like these have significantly expanded the portal’s reach, with 1.09 crore vacancies posted in FY 2023-24 alone. The platform aims to support around 25 lakh new vacancies in collaboration with major organizations, including Amazon and TMI Group.

Important Terms Explained:

  • National Career Service (NCS): A government-run online platform connecting job seekers with employers across multiple sectors, providing career counseling and job matching.
  • Model Career Centers (MCCs): Government-established centers that facilitate career guidance, counseling, and recruitment services for job seekers, especially youth.

Static GK Information:

Titbits

Ministry of Labour & Employment:

  • Headquarters: Shram Shakti Bhawan, New Delhi, India
  • Union Minister: Dr. Mansukh Mandaviya

Cygnus Ujala Group:

  • Industry: Healthcare
  • Focus: Providing healthcare services in Tier 2/3 cities

Tabular Summary:

Aspect Details
Event MoU between Ministry of Labour & Employment and Cygnus Ujala
Objective Enhance healthcare job opportunities on NCS portal
Focus Areas Healthcare jobs in Tier 2 and Tier 3 cities
Inclusivity Emphasis Promoting equal job access for women
Job Posting Regular updates by Cygnus on NCS, with recruitment via job fairs
NCS Growth 1.10 crore active job seekers and 35 lakh employers as of 2024

17. Which two Indian organizations recently signed an agreement to develop a Multiport Switch with Tuneable Impedance Matching Network for a single broadband antenna covering 2G, 3G, 4G, and 5G bands?
A) ISRO and DRDO
B) C-DOT and CSIR-CEERI
C) IIT Delhi and TCS
D) BEL and HAL
E) BHEL and C-DAC
Answer: B) C-DOT and CSIR-CEERI

Event and Location:

  • Event: Signing of an agreement between C-DOT (Centre for Development of Telematics) and CSIR-CEERI (Central Electronics Engineering Research Institute, Pilani)
  • Location: India

Mandates and Objectives:

  • Project Focus: The collaboration aims to develop a Multiport Switch with Tuneable Impedance Matching Network that allows a single broadband antenna to operate across 2G, 3G, 4G, and 5G bands. This aligns with India’s Bharat 6G Vision and the “Made in India” initiative.
  • Technology and Funding:
    • MEMS-based Switching Network: The project will use Microelectromechanical Systems (MEMS) technology to enhance antenna performance, supporting multiple communication bands in a single device without interference.
    • Funding Source: The project is funded under the Telecom Technology Development Fund (TTDF) scheme by the Department of Telecommunications (DoT), a government initiative to support Indian startups, academia, and R&D in telecom.

Significance for Indian Telecom:

  • Future-Ready Solution: The technology will make Indian telecom infrastructure adaptable for future communication systems, including 6G, enhancing self-reliance in telecom R&D.
  • Leadership in Innovation: The project supports Bharat 6G Vision, aiming for a robust and self-sufficient Indian telecom sector that can develop advanced telecom solutions domestically.

Important Terms Explained:

  • C-DOT (Centre for Development of Telematics): A premier telecom R&D body under the Department of Telecommunications, leading telecom technology innovations in India.
  • CSIR-CEERI: Part of the Council of Scientific and Industrial Research (CSIR), focusing on advanced electronics and communication research.
  • MEMS Technology: Micro-electromechanical systems (MEMS) enable miniaturized components and systems used in various electronic applications, like multi-band telecom solutions.

Static GK Information:

Titbits

C-DOT (Centre for Development of Telematics):

  • Founded: 1984
  • Headquarters: New Delhi, India
  • CEO: Dr. Rajkumar Upadhyay

CSIR-CEERI (Central Electronics Engineering Research Institute):

  • Headquarters: Pilani, Rajasthan, India
  • Primary Focus: Research in electronics and advanced communications

Tabular Summary:

Aspect Details
Event Agreement signed between C-DOT and CSIR-CEERI
Objective Develop Multiport Switch with Tuneable Impedance Matching
Key Technology Microelectromechanical Systems (MEMS)
Target Bands 2G, 3G, 4G, 5G, and beyond
Funding Scheme Telecom Technology Development Fund (TTDF)
Alignment with Initiatives Bharat 6G Vision, Made in India
Project Significance Enhances India’s telecom self-reliance and future readiness

18. Who recently launched EEPC India’s 70th year celebrations and emphasized transforming India into a powerhouse of engineering exports?
A) Prime Minister Narendra Modi
B) Shri Jitin Prasada
C) Shri Piyush Goyal
D) Shri Nitin Gadkari
E) Shri Arun Kumar Garodia
Answer: C) Shri Piyush Goyal

Event and Location:

  • Event: Launch of EEPC India’s 70th year celebrations and unveiling of the new EEPC India logo
  • Location: New Delhi, India

Mandates and Objectives:

  • Transformation of India’s Engineering Exports: Shri Piyush Goyal, Union Minister of Commerce and Industry, called for transforming India into a global powerhouse of engineering exports as part of achieving the Viksit Bharat vision, aiming for India to become a developed nation.
  • Key Target and Vision for Exports:
    • EEPC India’s Goal: Aims to achieve $300 billion in engineering exports by 2030, showcasing the ambition of a “New India.”
    • Prime Minister’s ‘Zero Defect, Zero Effect’ Mantra: Shri Goyal emphasized the importance of quality and sustainability in exports to compete internationally while minimizing environmental impact.

Role of EEPC India in India’s Export Sector:

  • EEPC India as a Model Council: Shri Goyal praised EEPC India for its contributions to sectors like mobility, capital goods, and steel, marking it as a model export promotion council.
  • Support for Innovation and Sustainability: Initiatives like Bharat Mobility, the International Engineering Sourcing Show (IESS), and Export Excellence Awards support Indian engineering firms in maintaining competitive standards globally.

Important Terms Explained:

  • EEPC India (Engineering Export Promotion Council): A trade and investment promotion organization under the Ministry of Commerce, focused on expanding India’s engineering export sector.
  • Viksit Bharat: A vision for a “Developed India,” supported by economic growth, industrial expansion, and self-sufficiency.

Static GK Information:

Titbits

Engineering Export Promotion Council of India (EEPC India):

  • Founded: 1955
  • Headquarters: Kolkata, West Bengal, India
  • Chairman: Shri Arun Kumar Garodia

Tabular Summary:

Aspect Details
Event Launch of EEPC India’s 70th year celebrations
Inaugurated By Shri Piyush Goyal, Union Minister of Commerce & Industry
EEPC India Export Target $300 billion by 2030
Key Initiatives Mentioned Bharat Mobility, IESS, Export Excellence Awards
EEPC India Membership Growth From 40 in 1955 to 9,500 members in 2024
Significance for India’s Growth Contributes to Viksit Bharat and Make in India

19. What is the primary objective of the newly launched Mine Opening Permission module by the Ministry of Coal on the Single Window Clearance System (SWCS) portal?
A) To simplify and accelerate the approval process for opening coal mines
B) To monitor coal mine production in real-time
C) To regulate coal prices in the domestic market
D) To establish a new environmental compliance system for coal mines
E) To provide financial support to new mining companies
Answer: A) To simplify and accelerate the approval process for opening coal mines

Event and Location:

  • Event: Launch of Mine Opening Permission Module on SWCS Portal
  • Location: Ministry of Coal, India (inaugurated by Shri Vikram Dev Dutt in New Delhi)

Mandates and Objectives:

  • Objective: The primary aim is to simplify and accelerate the approval process for opening coal mines, ensuring faster permissions.
  • Efficiency and Transparency: The module enhances transparency and efficiency in processing approvals, while significantly reducing processing time.
  • Investment and Energy Security: This initiative promotes ease of doing business and supports a more investment-friendly environment in the coal industry, aligning with India’s vision of energy security and self-reliance.

Important Terms Explained:

  • Single Window Clearance System (SWCS):
    • Launched on 11th January 2021 as a digital platform for consolidating all necessary clearances and approvals to operationalize coal mines.
    • Allows for online applications, real-time tracking, and eliminates manual paperwork.
  • Mine Opening Permission Module:
    • A module on the SWCS platform, simplifying the process of obtaining permission to open new coal mines or seams, enhancing efficiency through reduced processing time and increased transparency.

Static GK Information:

Titbits

Ministry of Coal, India:

  • Founded: 1974
  • Minister: Pralhad Joshi
  • Headquarters: New Delhi, India

Single Window Clearance System (SWCS):

  • Launched Year: 2021
  • Objective: Provides a unified platform for clearances and approvals for coal mine operations
  • Primary Benefit: Streamlines and accelerates approvals, promoting ease of doing business in coal

Tabular Summary:

Key Detail Information
Event Launch of Mine Opening Permission Module
Date 7th November 2024
Launched by Secretary, Ministry of Coal (Shri Vikram Dev Dutt)
Platform Single Window Clearance System (SWCS)
Primary Objective Simplify and speed up coal mine opening approvals
Benefits Transparency, efficiency, investment-friendly environment
Broader Impact Supports energy security, sustainable development, ease of doing business


Over All Review

Important Days

  • National Cancer Awareness Day is observed on November 7 in India to promote cancer prevention and early detection.

Sports 

  • Verstappen’s win from 17th gives him the F1 record for victories from 10 starting positions.
  • Lt Governor inaugurates 4th LG Cup Horse Polo-2024 at Drass, promoting Ladakh’s traditional sports.

Banking and Finance 

  • IFC commits $400 million to Bajaj Finance to promote climate finance and empower women-owned microenterprises.
  • Deutsche Bank infuses Rs 5,113 crore to boost India operations, marking its largest recent allocation.
  • ADB provides $200 million loan to improve Uttarakhand’s water and sanitation infrastructure.

Business And Economy

  • TCS to migrate Air France-KLM’s critical systems to the cloud for data-centric transformation.
  • Bharti Telecom acquires an additional 1.2% stake in Airtel, raising its total to 40.33%.

Appointments

  • Maia Sandu wins Moldova’s presidency amid accusations of “unprecedented” Russian interference.

Science and Technology

  • Japan launched LignoSat, the world’s first wooden satellite, to test space-grade wood.
  • Zimbabwe launches ZIMSAT-2 to monitor agriculture and manage resources, enhancing national space capabilities.

Defence

  • Chief of Defence Staff Gen Anil Chauhan to inaugurate 2nd Indian Military Heritage Festival in Delhi.

National Affairs

  • Ningol Chakkouba, a key festival of the Meitei community, celebrated across Manipur.
  • UP Cabinet approved ₹3,706 Cr HCL-Foxconn Semiconductor Project near Noida International Airport.
  • Sultanganj Railway Station in Bihar to be renamed as Ajgaibinath Dham after Lord Shiva temple.
  • Cygnus Ujala partners with Ministry of Labour to boost healthcare jobs on NCS portal, focusing on Tier 2/3 cities.
  • C-DOT and CSIR-CEERI partner to develop multiport switch for broadband antenna covering 2G to 5G bands.
  • Shri Piyush Goyal inaugurates EEPC India’s 70th year, calls for strengthening engineering exports for Viksit Bharat.
  • Ministry of Coal launched Mine Opening Permission Module on SWCS to simplify coal mine approvals.

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