Daily Current Affairs November 04

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 04. 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 04 | Daily Current Affairs 2025

Sports – Daily Current Affairs November 04

1. Who won the Paris Masters 2025 to reclaim the ATP World No. 1 ranking?
A) Carlos Alcaraz
B) Novak Djokovic
C) Felix Auger-Aliassime
D) Daniil Medvedev
E) Jannik Sinner
Answer: E) Jannik Sinner

Event and Location:

• Event: Jannik Sinner wins Paris Masters 2025 and reclaims ATP World No. 1 ranking
• Location: Paris La Défense Arena, Paris, France
• Date: November 2, 2025

Mandates and Objectives:

• Mandates:
  • Jannik Sinner defeated Felix Auger-Aliassime in the final of the Paris Masters.
  • He secured the ATP World No. 1 ranking by winning the title.
• Objectives:
  • To regain the top spot in the ATP rankings before the season-ending ATP Finals.
  • To continue his unbeaten streak on indoor hardcourts and claim his fifth title of 2025.

Important Terms Explained:

• Paris Masters:
  • A prestigious ATP Masters 1000 tennis tournament held annually in Paris, France, played on indoor hardcourts.
• ATP Rankings:
  • A points-based system used by the Association of Tennis Professionals (ATP) to rank male professional tennis players globally.
• ATP Finals:
  • The year-end championship featuring the top 8 singles players and doubles teams based on ATP rankings and season performance.
• Tiebreak:
  • A game played when a set reaches 6–6, used to decide the winner of the set more quickly.

Tabular Summary:

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Obituary – Daily Current Affairs November 04

2. Which prominent Indian-origin industrialist and Chairman of Hinduja Group passed away in London in November 2025?
A) Srichand Hinduja
B) Prakash Hinduja
C) Ashok Hinduja
D) Gopichand Hinduja
E) Dheeraj Hinduja
Answer: D) Gopichand Hinduja

Event and Location:

• Event: Gopichand Hinduja, Chairman of Hinduja Group, passes away
• Location: London, United Kingdom
• Date: November 4, 2025

Mandates and Objectives:

• Mandates: Gopichand Parmanand Hinduja, aged 85, Chairman of the Hinduja Group, passed away in London after a brief illness.
• Objectives: His passing marks the end of an era for one of the most influential Indian-origin global business empires. GP played a major role in transforming the family-run business into a multinational conglomerate across 48 countries.

Important Terms Explained:

• Hinduja Group: A diversified global conglomerate with interests in automobiles (Ashok Leyland), oil & gas (Gulf Oil), banking (IndusInd Bank), IT, media, infrastructure, and healthcare, operating in over 48 countries.
• Ashok Leyland: A flagship company of Hinduja Group and one of India’s largest commercial vehicle manufacturers, chaired by GP’s son Dheeraj Hinduja.
• Gulf Oil: Another Hinduja Group company in the oil and lubricants sector, headed by GP’s son Sanjay Hinduja.
• ‘Four Bodies, One Soul’ Philosophy: A collective family business principle signed in 2014 by the four Hinduja brothers, emphasizing shared ownership and joint leadership within the family.

Tabular Summary:

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3. Which former Karnataka minister and Congress MLA from Bagalkot passed away in November 2025?
A) D.K. Shivakumar
B) K.J. George
C) H.Y. Meti
D) H.K. Patil
E) R.V. Deshpande
Answer: C) H.Y. Meti

Event and Location:

• Event: Former Karnataka Minister H.Y. Meti passes away
• Location: Bengaluru, Karnataka
• Date: November 4, 2025

Mandates and Objectives:

• Mandates: H.Y. Meti, a senior Congress leader and former Excise Minister of Karnataka, passed away at the age of 79 in Bengaluru due to kidney-related ailments and age-related health issues.
• Objectives: The announcement marks the passing of a prominent political figure who represented the Kuruba community and served in key leadership roles including MLA from Bagalkot and Chairperson of the Bagalkot Urban Development Authority.

Important Terms Explained:

• Excise Minister: A state cabinet position responsible for regulating and controlling excise duties, primarily related to alcohol and narcotics. H.Y. Meti held this post during the 2013–2018 Siddaramaiah government.
• Bagalkot Urban Development Authority (BUDA): A local planning and urban development body responsible for overseeing infrastructure and civic planning in Bagalkot; Meti was appointed its chairperson in 2024.
• Kuruba Community: A prominent backward class community in Karnataka, traditionally involved in shepherding and agriculture. H.Y. Meti was considered a key political representative of this group.

Tabular Summary:

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Ranking – Daily Current Affairs November 04

4. According to the Industrial Transition Accelerator (ITA), which country ranks third globally in the number of clean energy industrial projects?
A) Germany
B) Brazil
C) India
D) Japan
E) UK
Answer: C) India

Event and Location:

• Event: India ranks third globally in clean energy industrial projects
• Location: Across multiple Indian states
• Date: November 4, 2025

Mandates and Objectives:

• Mandates:
  • India has 65 clean energy industrial projects in the pipeline, making it the third-largest globally after China and the US, as per a report from the Industrial Transition Accelerator (ITA). These projects span sectors such as steel, cement, aluminium, chemicals, and aviation.
• Objectives:
  • To enable clean industrialisation by leveraging India’s strengths in low-cost renewable energy, creating employment, attracting investments, reducing greenhouse gas emissions, and boosting export competitiveness in clean commodities.

Global Ranking of Clean Energy Industrial Projects:

Important Terms Explained:

• Industrial Transition Accelerator (ITA):
  • A COP28-linked global initiative aimed at accelerating decarbonisation in heavy-emitting industrial and transport sectors, co-chaired by global climate leaders and supported by the UN.
• Final Investment Decision (FID):
  • A critical milestone in project development where the investor commits capital, initiating project execution. Only six of India’s 65 projects have reached or passed this stage.
• Green Premium:
  • The additional cost of choosing clean alternatives over conventional ones (e.g., green hydrogen vs. grey hydrogen), which often hinders commercial adoption due to limited buyers willing to pay more.

Tabular Summary:

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Banking and Finance – Daily Current Affairs November 04

5. What is the home loan target set by LIC Housing Finance Ltd for Andhra Pradesh in FY 2025–26?
A) ₹3,500 crore
B) ₹4,000 crore
C) ₹4,250 crore
D) ₹5,000 crore
E) ₹3,750 crore
Answer: C) ₹4,250 crore

Event and Location:

• Event: LIC Housing Finance sets ₹4,250-crore home loan target for Andhra Pradesh
• Location: Andhra Pradesh, India
• Date: November 3, 2025

Mandates and Objectives:

• Mandates: LIC Housing Finance Ltd. has set a target of ₹4,250 crore for home loan disbursement in Andhra Pradesh for FY 2025–26, having achieved ₹1,628 crore by the end of Q2.
• Objectives: The goal is to expand its regional presence and market share in the home loan sector, with a special focus on Andhra Pradesh by appointing a dedicated marketing head in Vijayawada to improve outreach and service delivery.

Important Terms Explained:

• LIC Housing Finance Ltd. (LIC HFL): A subsidiary of Life Insurance Corporation of India, LIC HFL is a major housing finance company providing loans for individual housing and other real estate projects.
• Home Loan Disbursement Target: A financial benchmark that indicates the total expected or planned loan outflow by a company within a specific period, here referring to ₹4,250 crore in AP for FY 2025–26.
• Loan Book: The total value of all outstanding loans issued by a financial institution. As of September 2025, LIC HFL’s loan book stood at ₹63,000 crore.

Tabular Summary:

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6. What was the key factor behind SBI’s 10% rise in Q2 FY26 net profit?
A) Increase in loan disbursements
B) Reduction in NPAs
C) YES Bank stake sale
D) Higher interest rates
E) Foreign investment inflow
Answer: C) YES Bank stake sale

Event and Location:

• Event: SBI Q2 FY26 net profit rises 10% to ₹20,160 crore
• Location: Mumbai, India (SBI Headquarters)
• Date: November 4, 2025

Mandates and Objectives:

• Mandates: The State Bank of India (SBI) reported a 10% year-on-year rise in net profit to ₹20,160 crore for Q2 FY26, largely driven by a one-time gain from divesting its 13.18% stake in YES Bank to Sumitomo Mitsui Banking Corp (SMBC) for ₹8,889 crore.
• Objectives: To unlock capital through strategic stake sale and enhance profitability while continuing to grow core banking income streams such as net interest income (NII) and other income.

Important Terms Explained:

• Stake Sale: The process by which a company sells its ownership stake in another firm to raise capital or exit a strategic investment. SBI sold a 13.18% stake in YES Bank to SMBC.
• Net Interest Income (NII): The difference between interest earned on loans and interest paid on deposits. SBI reported a 3% YoY increase in NII to ₹42,984 crore.
• Net Profit: The amount of money left after all expenses, taxes, and costs are deducted from total income. SBI’s Q2 net profit stood at ₹20,160 crore, including a ₹4,593 crore gain from the YES Bank deal.

Tabular Summary:

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7. What was the individual new business premium (NBP) of Shriram Life Insurance in H1 FY26?
A) ₹543 crore
B) ₹715 crore
C) ₹1,024 crore
D) ₹635 crore
E) ₹1,954 crore
Answer: D) ₹635 crore

Event and Location:

• Event: Shriram Life Insurance reports 17% YoY growth in Individual NBP for H1 FY26
• Location: Hyderabad, India
• Date: November 4, 2025

Mandates and Objectives:

• Mandates: Shriram Life Insurance Company (SLIC) reported a 17% year-on-year growth in Individual New Business Premium (NBP) at ₹635 crore for the first half of FY26, compared to ₹543 crore in H1 FY25. The total premium collected rose to ₹1,954 crore.
• Objectives: To expand new business acquisition, improve policy renewals, and maintain trust-based relationships with customers, reflecting consistent business performance in a competitive insurance market.

Important Terms Explained:

• Individual New Business Premium (NBP): The premium income collected from new individual life insurance policies sold during a specific period. It indicates the success of an insurer in acquiring new customers.
• Annual Premium Equivalent (APE): A commonly used measure in the insurance industry to standardize different premium types by converting single and regular premiums into a comparable annual figure.
• Renewal Premium: The premium paid by existing policyholders for continuing their insurance coverage beyond the initial term. A 43% rise in renewal premium indicates strong customer retention and satisfaction.

Tabular Summary:

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Business and Economy – Daily Current Affairs November 04

8. What was IndiGo’s net loss for the September quarter (Q2 FY26) as reported on November 4, 2025?
A) ₹986 crore
B) ₹1,500 crore
C) ₹2,582 crore
D) ₹3,800 crore
E) ₹2,892 crore
Answer: C) ₹2,582 crore

Event and Location:

• Event: IndiGo reports widened Q2 net loss due to forex costs despite revenue growth
• Location: New Delhi, India (Corporate HQ)
• Date: November 4, 2025

Mandates and Objectives:

• Mandates: InterGlobe Aviation, which operates IndiGo, reported a Q2 FY26 net loss of ₹2,582 crore, up from ₹987 crore YoY, primarily due to a sharp rise in foreign exchange losses. Revenue rose by 9.3% to ₹18,555 crore.
• Objectives: The company aims to scale up operational capacity in the second half of FY26, improve margin resilience, and expand its fleet to meet growing passenger demand, while managing forex exposure and cost headwinds.

Important Terms Explained:

• Forex Losses: Financial losses due to adverse currency exchange rate movements; IndiGo reported a ₹2,892 crore forex loss, a 1,102% YoY increase.
• EBITDAR: Earnings Before Interest, Taxes, Depreciation, Amortization, and Rent – a key profitability metric for airlines. IndiGo’s EBITDAR dropped from ₹2,434 crore to ₹1,114 crore YoY, though adjusted EBITDAR (excluding forex impact) stood at ₹3,800 crore.
• Operating Lease / Damp Lease: Leasing arrangements where aircraft are rented (with or without crew/maintenance). IndiGo operates most of its fleet under operating leases, with 8 aircraft on damp lease.

Tabular Summary:

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9. What is the total commissioned solar capacity of NLC India’s Barsingsar project after the latest addition in November 2025?
A) 106 MW
B) 158.83 MW
C) 200 MW
D) 300 MW
E) 52.83 MW
Answer: B) 158.83 MW

Event and Location:

• Event: NLC India commissions additional 106 MW solar power capacity
• Location: Barsingsar, Bikaner district, Rajasthan
• Date: November 4, 2025

Mandates and Objectives:

• Mandates: NLC India Ltd. (NLCIL), a Navratna PSU, commissioned an additional 106 MW solar capacity at its 300 MW Barsingsar Solar Power Project, bringing the total commissioned capacity to 158.83 MW.
• Objectives: The project supports the CPSU Scheme Phase-II under MNRE to promote Atmanirbhar Bharat, strengthen Rajasthan’s renewable energy supply, and help NLCIL reach its target of 10 GW renewable capacity by 2030.

Important Terms Explained:

• NLC India Ltd. (NLCIL): A government-owned Navratna PSU under the Ministry of Coal, engaged in lignite mining and power generation including renewable energy.
• CPSU Scheme Phase-II: A central public sector undertaking (CPSU) scheme by the Ministry of New and Renewable Energy (MNRE) to promote domestic solar manufacturing and deployment using indigenously produced modules.
• Bifacial Solar PV Modules: Advanced solar panels that generate electricity from both sides, increasing overall efficiency—aligned with Atmanirbhar Bharat by using Indian-manufactured panels.

Tabular Summary:

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10. Which city in Kerala recently saw the opening of a ₹150-crore logistics park by Avigna Group?
A) Kollam
B) Thrissur
C) Thiruvananthapuram
D) Angamaly
E) Palakkad
Answer: D) Angamaly

Event and Location:

• Event: Avigna Group opens ₹150-crore logistics park
• Location: Angamaly, near Kochi, Kerala
• Date: November 4, 2025

Mandates and Objectives:

• Mandates: Avigna Group inaugurated its first Industrial and Logistics Park in Kerala at Angamaly, near Kochi, with an investment of ₹150 crore. The facility spans 21.35 acres and includes a 5 lakh sq ft built-up area with modern infrastructure.
• Objectives: To boost Kerala’s logistics and industrial infrastructure, generate local employment, and support small enterprises through integrated logistics solutions, while ensuring sustainability and low environmental impact.

Important Terms Explained:

• Logistics Park: A specialized facility that provides warehousing, transportation, and distribution services in one place, enabling efficient supply chain operations.
• Avigna Group: A Chennai-based conglomerate with a strong presence in logistics, industrial infrastructure, textiles, education, and real estate across South India.
• Kudumbashree: A poverty eradication and women empowerment initiative by the Government of Kerala aimed at promoting micro-entrepreneurship and community-based livelihoods.
• Enterprise-Friendly Housing Amendment: A recent Kerala government initiative that allows up to 50% of a house’s area to be used for commercial purposes, or 100% in case of vacant houses, to support small businesses around industrial zones.

Tabular Summary:

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11. What is the revenue and profit growth target set by Dr Agarwal’s Healthcare for FY26?
A) 10%
B) 15%
C) 20%
D) 25%
E) 30%
Answer: C) 20%

Event and Location:

• Event: Dr Agarwal’s Healthcare sets 20% growth target amid Q2 results and expansion
• Location: Pan-India operations; key activity in Delhi NCR and South India
• Date: November 4, 2025

Mandates and Objectives:

• Mandates: Dr Agarwal’s Healthcare Ltd. (AHCL) announced a 20% revenue and profit growth target for FY26 following a strong Q1 and Q2 performance. The company posted a Q1 net profit of ₹75 crore (up 88% YoY) and Q2 net profit of ₹30 crore, supported by cost control, merger benefits, and increased demand.
• Objectives: To leverage operational efficiencies, expand into new markets (especially Delhi NCR and South India), and strengthen its position in the premium eye care segment.

Important Terms Explained:

• EBITDA Margin: A financial metric that shows a company’s earnings before interest, taxes, depreciation, and amortization as a percentage of total revenue. AHCL’s EBITDA margin rose to 27% in Q2, indicating stronger profitability.
• Greenfield Expansion: Establishing new facilities or hospitals from scratch rather than acquiring existing ones. AHCL plans to open 54 new centres, 33 of which will be in South India.
• Merger Synergies: The expected cost savings or revenue enhancements resulting from the merger of Dr Agarwal’s Eye Hospital into AHCL. These synergies have boosted margins and operational efficiency.

Tabular Summary:

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Acquisitions and Mergers – Daily Current Affairs November 04

12. Which healthcare fund acquired a 21% stake in ophthalmic diagnostics firm Forus Health in 2025?
A) ChrysCapital
B) Inviga Healthcare Fund
C) True North
D) Aavishkaar Capital
E) Quadria Capital
Answer: B) Inviga Healthcare Fund

Event and Location:

• Event: Inviga Healthcare Fund acquires 21% stake in Forus Health
• Location: Bengaluru, India
• Date: November 4, 2025

Mandates and Objectives:

• Mandates: Inviga Healthcare Fund (IHF), a private equity platform founded by Dr. B.S. Ajaikumar, acquired a 21% equity stake in Forus Health Private Limited, an Indian firm focused on ophthalmic diagnostics.
• Objectives: The investment is aimed at supporting Forus Health’s growth in eye-care technology, expanding its reach and impact in preventing avoidable blindness through accessible and innovative diagnostics.

Important Terms Explained:

• Inviga Healthcare Fund (IHF): A healthcare-focused private equity fund established by Dr. B.S. Ajaikumar, dedicated to investing in clinically impactful, technology-driven, and socially responsible healthcare ventures.
• Forus Health: An Indian medical technology company specializing in ophthalmic diagnostic equipment, known for innovations like 3nethra, a portable eye screening device for early detection of vision-threatening diseases.
• HCG (Healthcare Global Enterprises): One of India’s leading cancer care networks, founded by Dr. Ajaikumar, providing advanced oncology services across India and internationally.

Tabular Summary:

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13. Which company acquired Tata Steel’s ferro chrome plant in Odisha for ₹610 crore?
A) Jindal Stainless
B) Hindalco Industries
C) Indian Metals & Ferro Alloys
D) Vedanta Resources
E) SAIL
Answer: C) Indian Metals & Ferro Alloys

Event and Location:

• Event: IMFA acquires Tata Steel’s ferro chrome plant
• Location: Kalinganagar, Odisha
• Date: November 4, 2025

Mandates and Objectives:

• Mandates: Indian Metals & Ferro Alloys (IMFA) has signed definitive agreements to acquire Tata Steel’s ferro chrome plant in Kalinganagar, Odisha for ₹610 crore, adding significant capacity and infrastructure.
• Objectives: The acquisition aims to expand IMFA’s total production capacity, improve market share, achieve cost synergies, and strengthen its position as India’s largest and the world’s sixth-largest ferro chrome producer.

Important Terms Explained:

• Ferro Chrome: A ferroalloy of chromium and iron, primarily used in the production of stainless steel to improve its hardness and resistance to corrosion.
• MVA Furnace Capacity: MVA (Mega Volt Amperes) refers to the electrical capacity of the furnaces. IMFA’s acquisition includes 99 MVA capacity, significantly boosting its smelting capabilities.
• Greenfield Expansion: Refers to new industrial projects built from scratch on previously undeveloped land. IMFA is simultaneously undertaking a greenfield expansion for further growth.

Tabular Summary:

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Books and Authors – Daily Current Affairs November 04

14. What is the title of E P Jayarajan’s autobiography released in November 2025?
A) Communistinte Lokam
B) Ithanu Ente Jeevitham
C) Jeevithathinte Yathra
D) Marxinte Piravi
E) Communist Jeevitha Rekhakal
Answer: B) Ithanu Ente Jeevitham

Event and Location:

• Event: Kerala CM releases the autobiography of CPM leader E P Jayarajan
• Location: Kannur, Kerala
• Date: November 4, 2025

Mandates and Objectives:

• Mandates: Kerala Chief Minister Pinarayi Vijayan released the autobiography of senior CPM leader E P Jayarajan titled ‘Ithanu Ente Jeevitham’ (This Is My Life) at a public function held at Kannur Town Square.
• Objectives: The autobiography seeks to narrate Jayarajan’s personal and political journey, reveal internal conflicts within the CPM, and clarify his stance on past controversies and personal challenges.

Important Terms Explained:

• Ithanu Ente Jeevitham: The Malayalam title of E P Jayarajan’s autobiography, translating to “This Is My Life”, which discusses his political life, inner-party conflicts, and personal experiences.
• LDF Convenor: A position in the Left Democratic Front (LDF), a political alliance in Kerala led by the CPM; Jayarajan expressed dissatisfaction over being replaced from this post.
• Vaidekam Resort Controversy: A controversy linked to alleged corruption involving support for a private resort project in Kannur; clarified in the autobiography as a misunderstanding.

Tabular Summary:

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Appointments – Daily Current Affairs November 04

15. Who was appointed as Executive Director of SpiceJet in November 2025?
A) Vinay Dube
B) Sanjay Kumar
C) Gaurav Negi
D) Aditya Ghosh
E) Ajay Singh
Answer: B) Sanjay Kumar

Event and Location:

• Event: Appointment of Sanjay Kumar as Executive Director of SpiceJet
• Location: Mumbai, India
• Date: November 3, 2025 (Effective date of appointment)

Mandates and Objectives:

• Mandates: SpiceJet appointed Sanjay Kumar, a veteran aviation executive and former Chief Strategy & Revenue Officer at IndiGo, as Executive Director.
• Objectives: Sanjay Kumar will lead strategic initiatives focused on business transformation, network expansion, and operational excellence to guide the airline into its next phase of turnaround and growth.

Important Terms Explained:

• Executive Director (ED): A high-ranking executive role responsible for overseeing strategy, operations, and leadership initiatives within a company, reporting directly to the board or top management.
• SpiceJet: A Gurugram-based low-cost carrier in India, facing financial headwinds but actively restructuring to improve operational viability and market share.
• Low-Cost Carrier (LCC): An airline that offers lower fares and fewer traditional services to keep costs minimal and enhance affordability for mass air travel.

Tabular Summary:

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Science and Technology – Daily Current Affairs November 04

16. Who launched Simbli, India’s AI Innovation Platform, in Madurai?
A) Nara Lokesh
B) Rajeev Chandrasekhar
C) Ashwini Vaishnaw
D) Palanivel Thiaga Rajan
E) M. K. Stalin
Answer: D) Palanivel Thiaga Rajan

Event and Location:

• Event: Launch of Simbli, India’s AI Innovation Platform
• Location: Madurai, Tamil Nadu
• Date: November 3, 2025

Mandates and Objectives:

• Mandates: The Information Technology and Digital Services Minister of Tamil Nadu, Palanivel Thiaga Rajan, launched Simbli, an Indian-developed AI innovation platform at an event hosted by DotCom Infoway Limited in Madurai.
• Objectives: The platform aims to support Indian businesses and professionals by offering intelligent automation solutions through multiple specialised AI agents designed to simplify and streamline day-to-day operations.

Important Terms Explained:

• Simbli: A newly launched Indian AI innovation platform that allows businesses to deploy and manage various specialised AI agents to automate routine operations and boost productivity.
• AI Agents: Software entities built using Artificial Intelligence that perform specific tasks autonomously or with minimal human intervention, often used in business process automation.
• DotCom Infoway Limited: A Madurai-based IT and digital solutions company that hosted the launch event of Simbli and is involved in AI-driven product development and digital transformation services.

Tabular Summary:

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International Affairs – Daily Current Affairs November 04

17. Which country held the 5th High Joint Commission meeting with India in November 2025?
A) UAE
B) Saudi Arabia
C) Bahrain
D) Oman
E) Qatar
Answer: C) Bahrain

Event and Location:

• Event: India and Bahrain hold talks on strengthening defence and trade relations
• Location: New Delhi, India
• Date: November 3, 2025

Mandates and Objectives:

• Mandates: India hosted the 5th India–Bahrain High Joint Commission meeting in New Delhi, attended by Bahrain’s Foreign Minister Abdullatif bin Rashid Alzayani and India’s External Affairs Minister S. Jaishankar.
• Objectives: The meeting aimed to enhance bilateral cooperation in defence and trade, while also addressing evolving geopolitical developments in West Asia, including support for the Gaza peace plan proposed by the U.S.

Important Terms Explained:

• High Joint Commission: A formal bilateral platform between two countries for reviewing and enhancing ties across political, trade, security, and cultural sectors.
• Gaza Peace Plan: A diplomatic proposal initiated by the U.S., aimed at resolving the Israeli–Palestinian conflict and bringing stability to the West Asian region.
• Defence and Trade Ties: Strategic cooperation involving military collaboration, joint exercises, technology sharing, as well as bilateral trade agreements and economic engagement.

Tabular Summary:

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18. How much is Microsoft investing in AI and cloud infrastructure in the UAE between 2023 and 2029?
A) $7.3 billion
B) $10 billion
C) $15.2 billion
D) $12.5 billion
E) $18.3 billion
Answer: C) $15.2 billion

Event and Location:

• Event: Microsoft announces a $15.2 billion AI investment plan
• Location: United Arab Emirates (Abu Dhabi and Dubai)
• Date: November 4, 2025

Mandates and Objectives:

• Mandates: Microsoft will invest $15.2 billion in the UAE’s AI ecosystem from 2023 to 2029, covering data centers, GPU deployment, cloud expansion, and talent development.
• Objectives: To position the UAE as a global AI hub by enhancing digital infrastructure, enabling widespread AI access, and training one million people by 2027 through local partnerships and education programs.

Important Terms Explained:

• AI (Artificial Intelligence): A branch of computer science dealing with the simulation of intelligent behavior in machines, enabling automation, analysis, and decision-making.
• GPU (Graphics Processing Unit): High-performance hardware components crucial for running AI models. Microsoft secured export licenses to deliver Nvidia A100, H100, and GB300 GPUs to the UAE.
• Azure: Microsoft’s cloud computing platform, central to the infrastructure expansion in the UAE, providing tools for AI model deployment, data storage, and analytics.
• G42: The UAE’s sovereign AI company; Microsoft has a $1.5 billion equity stake in it, highlighting strategic AI partnerships.
• Global Engineering Development Center (Abu Dhabi): A new Microsoft R&D hub employing engineers and driving innovation in the region.

Tabular Summary:

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19. Why is China offering subsidised electricity to its major tech companies in 2025?
A) To promote electric vehicle exports
B) To attract foreign semiconductor investment
C) To support domestic AI chip development after banning Nvidia chip imports
D) To reduce overall electricity consumption
E) To prepare for the 2025 Winter Games
Answer: C) To support domestic AI chip development after banning Nvidia chip imports

Event and Location:

• Event: China offers subsidised electricity to boost domestic AI chip development
• Location: China (nationwide initiative, impacting major data centres)
• Date: November 4, 2025

Mandates and Objectives:

• Mandates: Chinese local governments have implemented electricity subsidies that reduce energy costs by up to 50% for major data centres used by companies like ByteDance, Alibaba, and Tencent.
• Objectives: The policy aims to support domestic AI chip production and processing capacity after the ban on purchasing Nvidia AI chips, helping Chinese firms remain competitive in AI and data computing.

Important Terms Explained:

• AI Chips: Specialized microchips designed to perform artificial intelligence tasks such as machine learning and deep learning, typically requiring high computing power.
• Nvidia: A U.S.-based technology company known for its advanced AI GPUs like A100, H100, and GB300. It is a leading global supplier of high-performance AI chips.
• Data Centres: Large-scale infrastructure facilities housing computer systems and storage used by tech firms to run applications and manage AI workloads.
• Subsidies: Government-provided financial support or cost reductions—in this case, lower electricity bills—to encourage strategic industry growth.

Tabular Summary:

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20. Which country’s Foreign Minister met with S. Jaishankar in November 2025 to discuss anti-terror cooperation and trade ties?
A) Iran
B) Saudi Arabia
C) Israel
D) UAE
E) Egypt
Answer: C) Israel

Event and Location:

• Event: India and Israel hold talks on counter-terrorism and trade cooperation
• Location: New Delhi, India
• Date: November 4, 2025

Mandates and Objectives:

• Mandates: External Affairs Minister S. Jaishankar met Israeli Foreign Minister Gideon Sa’ar in New Delhi to discuss anti-terror collaboration, trade expansion, and regional infrastructure connectivity.
• Objectives: The primary aims were to build a zero-tolerance global consensus against terrorism, deepen bilateral trade and technology ties, and review cooperation under the India-Middle East-Europe Economic Corridor (IMEC) framework.

Important Terms Explained:

• Zero Tolerance to Terrorism: A diplomatic and strategic stance advocating complete denial of safe havens, funding, and support for terrorism, both regionally and globally.
• India-Middle East-Europe Economic Corridor (IMEC): A proposed transcontinental connectivity initiative linking India with Europe via the Middle East. It includes railways, ports, and digital infrastructure and is backed by the U.S. and EU.
• Gaza Peace Plan: A U.S.-led initiative aimed at achieving long-term peace and political stability in the Gaza Strip and broader West Asia. India expressed hope for its success during the discussions.

Tabular Summary:

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Schemes – Daily Current Affairs November 04

21. What is the name of the third round of the PLI scheme launched for speciality steel in November 2025?
A) PLI 2.0
B) PLI-Steel Boost
C) PLI Expansion
D) PLI 1.2
E) PLI-Advanced Steel
Answer: D) PLI 1.2

Event and Location:

• Event: Launch of 3rd round of PLI scheme for speciality steel
• Location: New Delhi, India
• Date: November 4, 2025

Mandates and Objectives:

• Mandates: Union Steel Minister H.D. Kumaraswamy launched ‘PLI 1.2’, the third round of the Production Linked Incentive (PLI) scheme for speciality steel, aiming to boost domestic production and attract private investment.
• Objectives: To transform India into a global hub for advanced steel production, reduce import dependency in strategic sectors like defence, aerospace, and power, and promote high-value steel manufacturing.

Important Terms Explained:

• PLI Scheme: The Production Linked Incentive (PLI) scheme is a government initiative providing financial incentives on incremental sales and investments in specific sectors to boost domestic manufacturing.
• Speciality Steel: A category of high-value steel used in defence, aerospace, power, and infrastructure, including products like CRGO, super alloys, titanium alloys, stainless steel, and coated steels.
• PLI 1.2: The latest (third) round of the PLI scheme for speciality steel, launched in November 2025, offering updated incentives and pricing structures with revised base year 2024–25.

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National Affairs – Daily Current Affairs November 04

22. What is the total investment target through MoUs at the CII Partnership Summit 2025 in Andhra Pradesh?
A) ₹7.5 lakh crore
B) ₹10.5 lakh crore
C) ₹8.2 lakh crore
D) ₹9.8 lakh crore
E) ₹6.7 lakh crore
Answer: D) ₹9.8 lakh crore

Event and Location:

• Event: Andhra Pradesh targets ₹9.8 lakh crore MoUs and 7.5 lakh jobs at CII Partnership Summit 2025
• Location: Andhra Pradesh (Summit in Visakhapatnam)
• Date: November 3, 2025

Mandates and Objectives:

• Mandates: Andhra Pradesh, led by Minister Nara Lokesh, announced its plans for the CII Partnership Summit 2025, aiming to sign 410 MoUs worth ₹9.8 lakh crore and generate 7.5 lakh jobs.
• Objectives: The summit seeks to strengthen Andhra Pradesh’s position as a top investment destination by promoting Speed of Doing Business, attracting global and domestic investors, and creating shared prosperity through government-industry-people partnerships.

Important Terms Explained:

• CII Partnership Summit: A flagship annual investment summit organized in collaboration with the Confederation of Indian Industry (CII), intended to attract both domestic and international investment through policy showcases and MoU signings.
• Speed of Doing Business (SoDB): A state-level policy initiative aimed at reducing procedural delays and enhancing efficiency in approvals and business operations, improving overall investor confidence.
• MoUs (Memorandums of Understanding): Formal agreements signed between the government and companies outlining potential investment intentions, used as a key indicator of investment interest during summits.

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23. Which state’s cabinet approved jobs for one family member of each 1984 anti-Sikh riot victim in November 2025?
A) Punjab
B) Delhi
C) Haryana
D) Uttar Pradesh
E) Rajasthan
Answer: C) Haryana

Event and Location:

• Event: Haryana Cabinet approves jobs for one family member of each 1984 riot victim
• Location: Haryana
• Date: November 4, 2025

Mandates and Objectives:

• Mandates: The Haryana Cabinet amended the Contractual Persons Policy, 2022 to provide compassionate employment through Haryana Kaushal Rozgar Nigam (HKRN) to one eligible family member of each 1984 anti-Sikh riot victim from Haryana.
• Objectives: The decision aims to ensure employment, dignity, and justice for affected families, operationalising an announcement made by the Chief Minister in the Assembly on August 25, 2025.

Important Terms Explained:

• Haryana Kaushal Rozgar Nigam (HKRN): A state government agency in Haryana responsible for recruitment of contractual staff for government departments and ensuring transparency in employment practices.
• 1984 Anti-Sikh Riots: A series of violent anti-Sikh attacks that occurred in India after the assassination of Prime Minister Indira Gandhi, leading to thousands of deaths and large-scale displacement of Sikh families.
• Compassionate Appointment: A welfare-driven government employment provision allowing appointment of family members of victims/deceased individuals under special conditions, typically to ensure social and economic security.

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24. Where is the Akshaya Patra Foundation setting up a new greenfield mega kitchen in Telangana?
A) Warangal
B) Nizamabad
C) Kodangal
D) Karimnagar
E) Mahbubnagar
Answer: C) Kodangal

Event and Location:

• Event: CM Revanth Reddy to lay foundation for Akshaya Patra mega kitchen
• Location: Enkepalli, Kodangal, Telangana
• Date: November 14, 2025 (Foundation-laying date)

Mandates and Objectives:

• Mandates: Telangana Chief Minister A. Revanth Reddy will lay the foundation stone for a greenfield mega kitchen project by the Akshaya Patra Foundation on a 2-acre site at Enkepalli, near Kodangal.
• Objectives: The initiative aims to enhance the scale and efficiency of school meal distribution under the breakfast scheme, currently serving 28,000 students across 312 government schools in Kodangal constituency.

Important Terms Explained:

• Akshaya Patra Foundation: A not-for-profit organization that runs the world’s largest NGO-run school meal program, in partnership with state governments, to fight classroom hunger and promote education.
• Greenfield Kitchen: A new kitchen facility constructed from scratch on previously undeveloped land, equipped with modern technology to support high-volume, hygienic food preparation and distribution.
• Breakfast Scheme: A government-supported initiative in Telangana to provide free breakfast meals to students in government schools to improve nutrition and learning outcomes.

Tabular Summary:

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25. Which city recently launched 24×7 postal booking counters at railway stations and airports for public convenience?
A) Bengaluru
B) New Delhi
C) Hyderabad
D) Chennai
E) Pune
Answer: C) Hyderabad

Event and Location:

• Event: Launch of 24×7 postal booking counters at key transit locations
• Location: Hyderabad, Telangana
• Date: November 4, 2025

Mandates and Objectives:

• Mandates: The Department of Posts, Hyderabad Sorting Division has introduced 24×7 postal booking counters at major transportation hubs in Hyderabad including railway stations and airports.
• Objectives: To provide uninterrupted access to essential postal services such as Speed Post, parcels, business mail, and other services, thereby enhancing convenience for travelers, businesses, and residents.

Important Terms Explained:

• Speed Post: A premium postal service provided by India Post for fast and time-bound delivery of documents and parcels across India and internationally.
• NSH (National Sorting Hub): Centralized postal hubs used for sorting and dispatching large volumes of mail, located strategically to improve efficiency.
• PPC (Parcel Post Centre): A postal facility specializing in the booking and delivery of parcel consignments, often handling bulk and business logistics needs.

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