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 2023

Important Days – Daily Current Affairs November 02

1. On which date is the International Day to End Impunity for Crimes against Journalists observed annually?
A) October 31
B) November 1
C) November 2
D) November 3
E) November 4
Answer: C) November 2

• The International Day to End Impunity for Crimes against Journalists (IDEI) is a UN-recognized international day observed annually on 2 November.
• The United Nations General Assembly designated November 2nd as the ‘International Day to End Impunity for Crimes against Journalists’ through General Assembly Resolution A/RES/68/163.
• This resolution called upon Member States to take concrete steps to combat the prevailing culture of impunity.
• The selection of this date is in remembrance of the tragic assassination of two French journalists in Mali on November 2, 2013.

Sports – Daily Current Affairs November 02

2. Which cricketer recently announced his retirement from all forms of international cricket?
A) David Warner
B) Joe Root
C) ViratKohli
D) David Willey
E) Kane Williamson
Answer: D) David Willey

• England seamer David Willey has announced his retirement from all forms of international cricket
• The 33-year-old pacer, who has played three of England’s six matches so far in the ODI World Cup 2023
• Willey made his ODI debut for the England team in 2015 and enjoyed an immediate impact, taking 1/25 in his first match against Ireland.
• He took to Twitter to officially announce his retirement from international cricket after completing his commitments in the ongoing ODI World Cup 2023.
• However, he intends to continue playing in domestic leagues such as the Indian Premier League (IPL).
• So far, Willey has featured in 70 ODIs and 43 T20Is.

Banking and Finance – Daily Current Affairs November 02

3. M&M Financial Services has recently entered into a co-lending partnership with which financial institution to provide affordable solutions to its customers?
A) ICICI Bank
B) HDFC Bank
C) Axis Bank
D) State Bank of India
E) Punjab National Bank
Answer: D) State Bank of India

• M&M Financial Services has entered into a co-lending partnership with the State Bank of India to offer affordable solutions to the NBFC’s customers.
• The pact will harness the distribution strength of Mahindra Finance and the cost-efficient capital of SBI, ensuring wider outreach and better interest rates for customers, which will be determined based on the customer’s credit profile.
• This is Mahindra Finance’s first co-lending tie-up with a bank. Under this agreement, the NBFC will facilitate leads and manage loan servicing while serving as a single point of contact for prospective customers.

4. Axis Bank has collaborated with which company to offer cost-effective loans for green homes?
A) Tata Motors
B) Reliance Industries
C) Mahindra Lifespace Developers
D) Infosys
E) Adani Enterprises
Answer: C) Mahindra Lifespace Developers

• Axis Bank has partnered with Mahindra Lifespace Developers, the real estate and infrastructure development arm of the Mahindra Group, to provide cheaper loans for green homes.
• Under this partnership, Mahindra Lifespaces’ customers can avail home loans at 0.25 per cent less than the standard home loan rate. Further, the loan application and disbursal process will entail reduced paperwork, to minimise paper wastage and ensure efficient document management.
• Mahindra Lifespace has a 100 per cent green portfolio, and a commitment to build only Net Zero homes from 2030

Acquisitions and Mergers – Daily Current Affairs November 02

5. Zurich Insurance Company Limited plans to invest Rs 4,051 crore to acquire a 51% stake in which insurance company through a combination of fresh growth capital and share purchase?
A) HDFC Ergo General Insurance
B) Bajaj Allianz General Insurance
C) Reliance General Insurance
D) Kotak General Insurance
E) ICICI Lombard General Insurance
Answer: D) Kotak General Insurance

• Zurich Insurance Company Limited will invest Rs 4,051 crore to acquire a 51 per cent stake in Kotak General Insurance through a combination of fresh growth capital and share purchase.
• Further, Zurich Insurance will acquire an additional stake of 19 per cent within three years.
• Zurich’s investment represents the single largest by a global insurer in an Indian non-life insurer.

Appointments – Daily Current Affairs November 02

6. Who has been appointed as the President-Renewables and CEO & MD of Tata Power Renewable Energy?
A) Ratan Tata
B) Cyrus Mistry
C) Adani Ambani
D) Deepesh Nanda
E) Natarajan Chandrasekaran
Answer: D) Deepesh Nanda

• Tata Power said Deepesh Nanda has been appointed as President-Renewables and CEO & MD of its subsidiary Tata Power Renewable Energy Limited (TPREL).
• His appointment is effective November 1, 2023
• Nanda brings with him 28 years of extensive experience across companies like GE, Flowserve and Tyco.
• He joins Tata Power from GE Gas Power, where he was the Chief Executive Officer for South Asia, overseeing operations in India, Bangladesh, Sri Lanka, Mauritius, and Nepal.
• He was additionally President & CEO of GE’s Aero-derivative Gas Turbine business segment for Asia

7. Who assumed charge as Chairperson of the Cochin Port Authority (CoPA) on November 1?
A) AlokVerma
B) Ramesh Kumar
C) B Kasiviswanathan
D) Sangeeta Sharma
E) Prakash Singh
Answer: C) B Kasiviswanathan

• B Kasiviswanathan has assumed charge as Chairperson, Cochin Port Authority (CoPA), with effect from November 1.
• A gold medalist in Mechanical Engineering (Practicals) from the Govt. College of Technology, Coimbatore, Kasiviswanathan started his career with Bharat Electronics Ltd, followed by Indian Ordnance Factories Service, before joining the Indian Railway Service of Mechanical Engineers (IRSME).
• He has served as Chairman, Railway Recruitment Board, Bangalore, for more than five years. As nodal Chairman of the Railway Recruitment Board, he planned, scheduled and coordinated the world’s largest computer-based test for 2.37 crore candidates across the country, and developed a comprehensive end-to-end online indenting and recruitment management system and implemented successfully on Indian Railways.
• He has around three decades of professional experience in diverse fields including rolling stock maintenance, project management, system study and optimisation, material management, finance and costing and human resource management.
• Prior to taking over as Chairperson, Cochin Port, he was Chief Vigilance Officer of ITI Ltd under the Ministry of Telecommunication, during which time he streamlined production, operation, human resources, contract and project management systems

8. Who has been appointed as an Executive Director by the Reserve Bank of India (RBI)?
A) RaghuramRajan
B) Arundhati Bhattacharya
C) Manoranjan Mishra
D) P. Chidambaram
E) Nirmala Sitharaman
Answer: C) Manoranjan Mishra

• Reserve Bank of India (RBI) has appointed Manoranjan Mishra as Executive Director (ED) with effect from November 01, 2023.
• Prior to being promoted to ED, he was serving as Chief General Manager in the Department of Regulation.
• As Executive Director, Mishra will look after three Departments — Enforcement, Risk Monitoring, and External Investments & Operations.
• Mishra has experience of over three decades in the Reserve Bank having worked in the areas of regulation of banks and NBFCs, supervision of banks, and currency management.

9. Who has been elected as the next World Health Organization regional director for South-East Asia, comprising 11 member countries?
A) SaimaWazed
B) Narendra Modi
C) Sheikh Hasina
D) Imran Khan
E) Aung San Suu Kyi
Answer: A) SaimaWazed

• SaimaWazed of Bangladesh has been elected as the next World Health Organisation regional director for South-East Asia, which comprises 11 member countries.
• Wazed defeated Nepal’s Shambhu Acharya, a senior public health official who is currently serving as director, Country Strategy and Support, at the Office of the Director General of the WHO in Geneva, Switzerland.
• The newly appointed Regional Director will take office on 1 February 2024.
• According to the WHO, the nomination will be submitted to the WHO Executive Board during its 154th session, which is scheduled for 22-27 January, next year in Geneva, Switzerland

10. Who has assumed the position of Chairman and Managing Director (CMD) of BHEL (Bharat Heavy Electricals Limited)?
A) RaghuramRajan
B) Arvind Kejriwal
C) Koppu Sadashiv Murthy
D) N. R. Narayana Murthy
E) MukeshAmbani
Answer: C) Koppu Sadashiv Murthy

• Koppu Sadashiv Murthy, 56, has assumed charge as the Chairman & Managing Director (CMD) of the state-run Bharat Heavy Electricals Limited (BHEL)
• Before taking the helm at BHEL, Murthy was the Executive Director of its Corporate Operations Management group.
• He also held an additional role as CMD of Bharat Pumps and Compressors Limited (BPCL).
• An Electrical Engineering alumnus from Bhopal University and an MBA in Finance, Murthy commenced his journey with BHEL back in 1989 at its Jhansi manufacturing unit. With a commendable stint of 34 years, he has worked across various BHEL units including Hyderabad, Bhopal, Jhansi, and Varanasi.

Awards – Daily Current Affairs November 02

11. Which author, originally from India, recently won the British Academy Book Prize in 2023?
A) Arundhati Roy
B) Chetan Bhagat
C) JhumpaLahiri
D) Nandini Das
E) Vikram Seth
Answer: D) Nandini Das

• India-born author Nandini Das has been named the winner of the 2023 British Academy Book Prize for Global Cultural Understanding, a leading international non-fiction prize worth GBP 25,000, for her book “Courting India: England, Mughal India and the Origins of Empire.”
• The UK-based academic’s debut work, described as the “true origin story of Britain and India told through England’s first diplomatic mission to the Mughal courts”
• The British Academy Book Prize, formerly known as the Nayef Al-Rodhan Prize, was established in 2013 to reward and celebrate the best works of non-fiction that demonstrate rigour and originality and have contributed to public understanding of other world cultures and their interaction.

International Affairs – Daily Current Affairs November 02

12. What term was named the Word of the Year by Collins Dictionary?
A) Internet
B) Selfie
C) Climate Change
D) AI (Artificial Intelligence)
E) Globalization
Answer: D) AI (Artificial Intelligence)

• Collins Dictionary has named “AI” as its word of the year, defining it as an “abbreviation for artificial intelligence: the modelling of human mental functions by computer programs.”
• While AI’s capabilities in mimicking human speech fascinated people at first, they were also the source of some anxiety
• Last year, the dictionary named “permacrisis” “an extended period of instability and insecurity”—as its word of the year, following on from “NFT,” the abbreviation of “non-fungible token,” or “a unique digital certificate, registered in a blockchain, that is used to record ownership of an asset such as an artwork or a collectible” in 2021

13. What did Union Education Minister Dharmendra Pradhan and his UAE counterpart Ahmad Al Falasi recently sign an MoU for?
A) Enhancing cultural exchange between India and the UAE.
B) Strengthening existing educational cooperation between the two countries.
C) Promoting trade and economic collaboration.
D) Implementing joint research projects in the field of space exploration.
E) Establishing a joint venture for renewable energy initiatives.
Answer: B) Strengthening existing educational cooperation between the two countries.

• Union Education Minister Dharmendra Pradhan and his UAE counterpart Ahmad Al Falasi signed an MoU to strengthen existing educational cooperation between the two countries.
• The MoU aims at facilitating student and faculty mobility, joint research programmes, designing courses, organising and participation in conferences, lectures, symposia, courses, scientific and educational exhibitions in areas of mutual interest held in both countries.
• The ministers reviewed the bilateral engagements in education and skill development, particularly the progress on points discussed during their meeting on the sidelines of the fourth education working group deliberations as part of India’s G20 presidency.
• Pradhan also visited 42 Abu Dhabi, a coding school with deep focus on encouraging innovation, creativity and peer-to-peer learning through project-based and gamified curriculum.
• The ministers also had an interaction with students and faculty at Abu Dhabi Indian School (ADIS).

National Affairs – Daily Current Affairs November 02

14. What is the theme of the 5th Edition of the ICC Sustainability Conclave organized by the Department of Chemicals and Petrochemicals and the Indian Chemical Council?
A) Sustainable Chemical Practices
B) Chemical Industry Growth
C) Business Opportunities in Chemicals
D) Integrating Sustainability & Business Strategy for the Chemical Industry- Addressing Challenges and Opportunities
E) Petrochemical Innovation
Answer: D) Integrating Sustainability & Business Strategy for the Chemical Industry- Addressing Challenges and Opportunities

• The Department of Chemicals and Petrochemicals, Ministry of Chemicals and Fertilizers and Indian Chemical Council (ICC) organizing the two days Conclave with the theme of “Integrating Sustainability & Business Strategy for the Chemical Industry- Addressing Challenges and Opportunities”.
• Union Minister of State for Chemicals and Fertilizers and New and Renewable Energy, Shri BhagwanthKhuba, Minister for Industries, Energy, and MSME, Government of Odisha Shri PratapKeshari Deb, Secretary Department of Chemicals and Petrochemicals, Ms Nivedita Shukla Verma and senior officials of the Ministry of Chemicals and Fertilizers, Officials from ICC and champions of the Industries were present on the occasion.
• This is a major initiative of the Indian Chemical Industry for encouraging sustainability in the management of the entire life cycle of chemicals. Environment Resource Management (ERM), a globally renowned entity in the sector, is the Knowledge Partner for the Conclave.
• ICC Sustainability Conclave holds immense significance in light of India’s international commitments to address climate change, decrease carbon footprints, increase renewable energy utilization, and encourage sustainable corporate practices

15. What is the main objective of the MoU signed between CSIR-NIIST and HAL?
A) To promote joint research in marine biology.
B) To establish a new manufacturing facility for consumer electronics.
C) To enhance indigenization efforts in India’s aerospace and defense sectors.
D) To develop a sustainable agriculture program.
E) To organize cultural exchange programs between the organizations.
Answer: C) To enhance indigenization efforts in India’s aerospace and defense sectors.

• Thiruvananthapuram-based CSIR-National Institute of Interdisciplinary Science and Technology (CSIR-NIIST) and Hindustan Aeronautics Ltd (HAL), Bengaluru, have signed a Memorandum of Understanding (MoU) to collaborate on strengthening the indigenisation and import substitution programme for the nation’s aerospace and defence sectors, as envisioned by the AtmaNirbhar Bharat initiative.
• The MoU, signed and exchanged in Bengaluru, relates to the development of Magnesium and Aluminium alloy castings and related areas for the aerospace and defence sectors.
• Dr C Anandharamakrishnan, Director CSIR-NIIST, Dr T P D Rajan, Senior Principal Scientist and Dr P Nishy, Chief Scientist and Head, Business Development, and other senior scientists from CSIR-NIIST were present at the MoU signing ceremony.
• V N Anil Kumar, General Manager (Foundry & Forge Division), Praveen B, Additional General Manager (Projects & Planning), Ms M S Rajalakshmi, Additional General Manager (Finance) and other senior officers represented HAL.
• The MoU facilitates CSIR-NIIST to collaborate on human resource utilisation, facility utilisation, technology support services, consultancy services and collaborative research works in the field of light alloys for the design and development of aerospace components and welding.
• The specific areas of collaboration include Manufacturing of aeronautical grade magnesium alloy castings using low pressure casting (LPC) process, design and development of filler materials for salvage welding of Aluminium and Magnesium alloy castings and other areas of research of mutual interest.
• A constituent laboratory of Council of Scientific and Industrial Research (CSIR), NIIST Trivandrum is a leading institution engaged in conducting advanced research and development programmes in areas relating to effective utilisation of resources of the region, which are of fundamental importance to the country
• CSIR NIIST is also a leader in R&D programmes in agro-processing and technology, chemical sciences and technology, materials science and technology, micro processing and technology, environmental technology. The institute has established state-of-the-art facilities for conducting advanced research.
• HAL is involved in design, development, manufacturing, supply and maintenance of aircrafts, helicopters, aerospace systems and components.

16. Where did the Indian Navy recently conduct a successful test-fire of a BrahMos missile from one of its warships?
A) Arabian Sea
B) Indian Ocean
C) Bay of Bengal
D) Andaman Sea
E) South China Sea
Answer: C) Bay of Bengal

• The Indian Navy has successfully test-fired a BrahMos missile from its warship in the Bay in Bengal

Over All Review

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