Daily Current Affairs October 03

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 October 03. 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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October 03| Daily Current Affairs 2023

Important Days – Daily Current Affairs October 03

1. On which date is World Nature Day celebrated each year?
A) 1st of October
B) 2nd of October
C) 3rd of October
D) 4th of October
E) 5th of October
Answer: C) 3rd of October

• World Nature Day is celebrated on the 3rd of October each year to raise awareness about the challenges our environment faces, particularly due to climate change
• World Nature Day, established by the World Nature Organization (WNO) on October 3, 2010

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Ranking – Daily Current Affairs October 03

2. In the Speedtest Global Index, what is India’s rank?
A) 15th
B) 27th
C) 37th
D) 47th
E) 57th
Answer: D) 47th

Speedtest Global Index -Ookla

• This improvement has led to India’s rise in the Speedtest Global Index, moving up 72 places, from 119th place to the 47th position

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Banking and Finance – Daily Current Affairs October 03

3. What is the name of the mutual fund launched by Groww Mutual Fund, which is based on the NIFTY Total Market Index?
A) Groww Total Return Fund
B) Groww Nifty Growth Fund
C) Groww Nifty Total Market Index Fund
D) Groww Equity Income Fund
E) Groww Balanced Advantage Fund
Answer: C) Groww Nifty Total Market Index Fund

• Groww Mutual Fund has announced the launch of Groww Nifty Total Market Index Fund, based on the NIFTY Total Market Index.
• Anupam Tiwari (Fund Manager) will be managing the fund.
• The Groww NIFTY Total Market Index Fund will track the Nifty Total Market Index and aim to provide potential returns before expenses that correspond to the total returns of the Nifty Total Market Index, subject to tracking errors
• The fund will be open for subscription from October 3rd, 2023 to October 17th, 2023.
• The fund re-opens for ongoing subscription and redemption within five business days from the date of allotment of units on or before
• This will be India’s first Total Market Index Fund.
• The Nifty Total Market Index consists of ~750 stocks across large, mid, and small-cap segments. While large-cap stocks account for 72.03% of their weightage, about 27.97% are attributed to mid, small, and microcap stocks of their weightage in the index.
• This composition seeks to balance the steadiness of large-cap companies with the growth prospects of mid and small ones.
• The index represents around 96% of the NSE’s total market capitalization, in comparison to the 49% covered by the NIFTY 50.

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Appointments – Daily Current Affairs October 03

4. Who has been elevated to the global CEO role at PayU, as announced recently?
A) Anirban Mukherjee
B) NandanNilekani
C) Ritesh Agarwal
D) Vijay Shekhar Sharma
E) KunalBahl
Answer: A) Anirban Mukherjee

• In a management rejig, Prosus-owned PayU India chief executive officer Anirban Mukherjee has been elevated to the role of global CEO
• PayU global CEO Laurent Le Moal will step back from operational management of daily business

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5. Who recently assumed the role of Deputy Chief of Naval Staff as Vice Admiral?
A) Vice Admiral R. Hari Kumar
B) Vice Admiral TarunSobti
C) Vice Admiral Karambir Singh
D) Vice Admiral Ajendra Bahadur Singh
E) Vice Admiral Anil Kumar Chawla
Answer: B) Vice Admiral TarunSobti

• Vice Admiral TarunSobti has assumed the role of Deputy Chief of Naval Staff, taking charge from his predecessor Vice Admiral Sanjay Mahindru.
• Commissioned into the Indian Navy in 1988, Vice Admiral Sobti specialises in Navigation and Direction, bringing a ‘wealth’ of expertise to his new position
• Throughout his tenure, Sobti has held a diverse range of command and staff positions, both ashore and afloat. His command of vessels like INS Nishank, a Missile Boat, INS Kora, a Missile Corvette, and the Guided Missile Destroyer INS Kolkata, has showcased his exceptional leadership and strategic acumen.
• In addition to his command roles, he in his service has been in the Directorate of Staff Requirements and Directorate of Personnel.
• He also served as the Naval attache at the Embassy of India in Moscow
• In 2020, he was honoured with the VishishtSeva Medal, followed by the AtiVishishtSeva Medal in 2022, bestowed by the President of India

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Awards – Daily Current Affairs October 03

6. Who were the three scientists awarded the 2023 Nobel Prize in Physics for their work on creating incredibly short pulses of light that can capture processes inside atoms and molecules?
A) Marie Curie, Albert Einstein, and Richard Feynman
B) Pierre Agostini, FerencKrausz, and Anne L’Huillier
C) Niels Bohr, Max Planck, and Werner Heisenberg
D) Richard Feynman, Enrico Fermi, and Paul Dirac
E) Stephen Hawking, Roger Penrose, and Kip Thorne
Answer: B) Pierre Agostini, FerencKrausz, and Anne L’Huillier

• Scientists Pierre Agostini, FerencKrausz and Anne L’Huillier won the 2023 Nobel Prize in Physics for creating incredibly short pulses of light that can capture processes inside atoms and molecules, in work which could advance medical diagnostics and electronics.
• Their studies had given humanity new tools for exploring the movement of electrons inside atoms, where changes occur in a few tenths of an attosecond – a unit so short that there are as many attoseconds in one second as there have been seconds since the birth of the universe.
• The prize, which was raised this year to 11 million Swedish crowns (about $1 million), is awarded by the Royal Swedish Academy of Sciences
• Agostini and L’Hullier, both French-born though they work in the United States and Sweden respectively
• L’Huillier works at Lund University in Sweden and Agostini is a professor at Ohio State University in the United States
• Hungarian-born Krausz is director at Max Planck Institute of Quantum Optics in Germany.
• Last year, Alain Aspect, John Clauser and Anton Zeilinger won the prize for work on quantum entanglement, where two particles are linked regardless of the space between them, something that unsettled Einstein himself who once referred to it as “spooky action at a distance”.

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International Affairs – Daily Current Affairs October 03

7. What is the name of the annual joint military exercise conducted between India and Bangladesh, which recently commenced its 11th edition in Umroi, Meghalaya?
A) Samvedna
B) Samraksha
C) Samriddhi
D) Sampriti
E) Sampark
Answer: D) Sampriti

• India and Bangladesh commenced the 11th edition of annual joint military exercise, SAMPRITI in Umroi, Meghalaya.
• With its inception in Jorhat, Assam in 2009, the exercise has witnessed ten successful editions till 2022.
• SAMPRITI-XI, scheduled for 14 days, will engage approximately 350 personnel from both sides.
• The Bangladesh contingent comprises 170 personnel, led by Brigadier General Mohammed Mafizul Islam Rashed, Commander of 52 Bangladesh Infantry Brigade. The lead unit from the Bangladesh Army side is 27 Bangladesh Infantry Regiment.
• Indian contingent mainly comprises troops from a battalion of RAJPUT Regiment.
• Brigadier SK Anand, Commander of a Mountain Brigade is leading the Indian contingent
  Centered on the conduct of Sub-Conventional Operations as per Chapter VII of the UN mandate, SAMPRITI-XI will include a Command Post Exercise (CPX) and a Field Training Exercise (FTX), culminating in a Validation Exercise.
• 20 Officers from each contingent will participate in the CPX, focusing on decision-making after thorough deliberations
• This will be followed by FTX wherein grassroots-level operations will be validated. The FTX will include a series of joint tactical drills for counter-terrorist operations such as hostage rescue, crowd control measures, and use of helicopters in counter-terrorist operations.
• The Validation Exercise will be conducted on 14th and 15th October 2023 in Darranga Field Firing Range, Assam. During the course of the exercise, the participants will also get to witness the prowess of ‘Atmanirbhar Bharat’ Equipment Display.
• SAMPRITI-XI promises to further enhance defence cooperation between India and Bangladesh, fostering deeper bilateral relations, cultural understanding, and mutual benefits from shared experiences in Sub Conventional Operations.

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National Affairs – Daily Current Affairs October 03

8. What is the name of the online medical bill reimbursement scheme launched by Assam Chief Minister HimantaBiswaSarma for Government of Assam’s employees, pensioners, and their dependents?
A) MukhyaMantriArogyaYojana
B) MukhyaMantri Health Insurance Scheme
C) MukhyaMantriSwasthyaSahayataYojana
D) MukhyaMantriLokSewakArogyaYojana
E) Assam Health Care Program
Answer: D) MukhyaMantriLokSewakArogyaYojana

• Assam Chief Minister HimantaBiswaSarma launched the MukhyaMantriLokSewakArogyaYojana, an online medical bill reimbursement scheme for Government of Assam’s employees, pensioners and their dependents.
• Under this initiative, medical bills shall be reimbursed at rates equivalent to that of Central Government Health Schemes (CGHS) and these shall be credited directly towards the accounts of the claimant employees within a stipulated time frame.
• The scheme will progressively introduce a cashless payment option
  From October 2, 2024, treatments under the scheme at leading hospitals across the country shall also be made cashless
• The old system of medical reimbursement shall continue to be operational for those employees unwilling to shift to MukhyaMantriLokSewakArogyaYojana
• As part of the Swacch Bharat Divas celebrations, Sarma ceremonially transferred the first instalment of Rs. 9,000 each to the bank accounts of 1 lakh beneficiaries under the Individual Household Latrine (IHHL) scheme.

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9. Which Indian state government recently launched a housing scheme aimed at providing homes for homeless families?
A) Chhattisgarh
B) Maharashtra
C) Gujarat
D) Rajasthan
E) Uttar Pradesh
Answer: A) Chhattisgarh

• Under the MukhyamantriGraminAwasNyayYojana, the Chhattisgarh government has announced plans to provide cemented houses for 47,000 impoverished individuals residing in the state’s rural areas.
• Initially launched in 2021, the scheme’s implementation was halted due to the COVID-19 pandemic.
• The scheme drew inspiration from the central government’s Pradhan MantriAwasYojana, launched in 2016.
• However, the Chhattisgarh government opted not to participate in this national-level programme
• The Pradhan MantriAwasYojana aimed to provide permanent housing to 1,875,580 families, with the expenditure shared between the Centre and the state in a 60:40 ratio

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Over All Review

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