Our Current Affairs November 2023 events will help you to get more marks in Banking, Insurance, SSC, Railways, UPSC, CLAT and all State Government Exams. Also, try our Latest Current Affairs Quiz and Monthly Current Affairs 2023 PDF which will be a pedestrian to crack your exams.
Read Current Affairs in CareersCloud APP, Course Name – Learn Current Affairs – Free Course – Click Here to Download the APP
We are Hiring – Subject Matter Expert | CA Video Creator | Content Developers(Pondicherry)
Click here for Current Affairs 7 November 2023
NATIONAL AFFAIRS
7th Edition of the India Mobile Congress (IMC) held in New Delhi
- The theme of the IMC 2023 was ‘Global Digital Innovation’.
- The congress was virtually inaugurated by Prime Minister(PM) Narendra Modi on 27th October 2023.
Aim: To strengthen India’s position as a developer, manufacturer, and exporter of key cutting-edge technologies.
Key Points:
i.During IMC 2023 PM Modi awarded 100 ‘5G Use Case Labs’ to educational institutions across India.
ii.Reliance Jio Infocomm Limited (Reliance Jio) launched India’s first satellite-based gigabit broadband service “JioSpaceFiber” during IMC 2023.
iii.At India Mobile Congress 2023, HFCL Limited unveiled a suite of next-gen connectivity products and solutions, including 5G Fixed Wireless Access (FWA) Customer Premise Equipment (CPE), IP MPLS Routers, 2 Gbps Unlicensed Band Radio, and the 1728-high fiber count IBR Optical Fiber Cable.
>> Read Full News
Gujarat CM unveils Crest of Indian Navy warship ‘Surat‘
- This is the 1st capital warship to be named after the city of Gujarat and this is also the first time that unveiling of the crest of a warship is held in the city, it has been named after.
Key People:
Admiral Radhakrishnan Hari Kumar, the Chief of the Naval Staff(CNS), and senior dignitaries and officials of the Gujarat Government were present during the event.
About the Crest of INS Surat:
The Crest of INS Surat features
i.The famous lighthouse at Hazira (Surat) is located at the southern entrance of the Gulf of Khambhat.
- The lighthouse of Hazira, built in 1836, was one of the first lighthouses in India.
ii.Asiatic lion, the state animal of Gujarat, symbolises the ship’s majesty and strength.
iii.Wavy sea depicting the Indian navy’s commitment to maritime security and national defence.
Note: A naval ship’s crest is a special emblem unique to the ship, showcasing naval heraldry. It represents the ship’s best qualities, crew, and mission. This emblem is displayed on patches for ship’s crew, plaques, and other appropriate places, serving as a symbol throughout the ship’s life.
About INS Surat:
i.INS Surat is the 4th ship & last ship of the indigenously designed and constructed Project 15 Bravo (15B) (Vishakhapatnam Class) destroyers.
ii.It has been constructed using innovative block construction methodology, where the ship’s hull is assembled at different geographical locations before being integrated at the Mazagaon Docks Ltd (MDL) in Mumbai, Maharashtra.
iii.It is equipped with the latest advancements in naval warfare technology and combat capabilities, including
- Indigenous BrahMos Supersonic Cruise missiles
- Long–range Surface to Air Missiles
- Indigenous Torpedo tube launchers
iv.The other three ships commissioned under this project 15B are Visakhapatnam, Mormugao and Imphal. Surat will be commissioned in 2024.
FSSAI’s 5th SFSI: Major States Recorded Drop in 2023 Scores from 2019
- The index was released by Union Health Minister Mansukh Mandaviya on World Food Safety Day 2023 (June 7 2023).
Key Points:
i.Adjusting for the new parameter, 15 out of 20 states recorded lower SFSI scores in 2022-2023 compared to 2019.
ii.Maharashtra has recorded the steepest fall in SFSI Score, from 74 out of 100 in 2019 to 45 in 2023, followed by Bihar(from 46 in 2019 to 20.5 in 2023), and Gujarat (from 73 in 2019 to 48.5 in 2023).
>> Read Full News
Krishi 24/7: Govt launches India’s 1st AI solution for Agricultural News Monitoring
Developers:
It is developed by the Department of Agriculture and Farmers Welfare (DA&FW), MoA&FW in collaboration with Mumbai, Maharashtra-based Wadhwani Institute for Artificial Intelligence (Wadhwani AI) with support from Google.org.
Krishi 24/ Features:
i.This real-time monitoring system assists the Ministry of Agriculture in staying updated on relevant events, allowing them to create alerts and take prompt action in the agricultural ecosystem.
ii.It scans and translates articles in multiple languages, extracting crucial information like headline, crop details, event type, date, location, severity, summary, and source link.
iii.This tool will aid in protecting farmers’ interests and promote sustainable agricultural growth through improved decision-making.
Note:
Wadhwani AI also successfully deployed a similar event tracking and analysis solution for disease outbreaks with the Delhi headquartered National Centre for Disease Control (NCDC).
EAC Conducts its Annual Exercise Poorvi Akash
The Shillong-headquartered Eastern Air Command (EAC) of the Indian Air Force (IAF) conducted its annual Command level exercise called Exercise Poorvi Akash from 30 October to 5 November 2023 to check its combat preparedness.
- The exercise was held in the northeastern region.
- The day and night exercise comprised the application of Air Power in all its roles.
- The exercise also comprises joint operations with the Eastern Command (EC) of the Indian Army(IA).
- The indigenously developed Light Combat Aircraft (LCA) Tejas, Light Combat Helicopter (LCH) Prachand also participated in the exercise.
- IAF Garuds participated in special missions along with the Special Forces (SF) of the Indian Airforce.
- All major fleets of IAF participated in the exercise along with special mission aircraft.
INTERNATIONAL AFFAIRS
UNEP’s Adaptation Gap Report 2023: Understanding the Global Climate Adaptation Crisis
- The report states that the climate adaptation finance flows from public multilateral like the World Bank and bilateral sources to the developing nations declined by 15% to around USD 21 billion in 2021.
- At present, the estimated global adaptation finance gap (difference between needs and actual financial flows) is USD 194-366 billion per year.
Note: The report was released in anticipation of the Conference of the Parties (COP28) climate talks in Dubai, United Arab Emirates (UAE), scheduled to be held from 30 November to 12 December 2023.
Highlights:
i.Developing countries require adaptation finance that is 10-18 times larger than current international public finance flows.
ii.The report states that the Countries need financing of USD 215 billion to USD 387 billion every year to adapt to climate change. But they are receiving only USD 21.3 billion.
iii.Developing countries will require USD 387 billion per year for the next decade to implement projects that will support adapting to climate change.
iv.This gap is more than 50% higher than previous estimates, highlighting the growing disparity between needs and resources.
Note: While 5 out of 6 countries have some form of national adaptation planning, worldwide coverage remains slow.
Innovative ways to deliver finance essential:
i.Ambitious adaptation can enhance resilience, especially for low-income countries and disadvantaged groups, preventing losses and damages.
ii.The 55 most vulnerable economies faced losses exceeding USD 500 billion in the last 2 decades, a figure set to rise without substantial mitigation and adaptation.
iii.Every billion dollars invested in coastal flood adaptation yields a USD 14 billion reduction in economic damages.
iv.Similarly, allocating USD 16 billion annually to agriculture could prevent around 78 million people from climate-induced hunger.
v.Doubling 2019 international finance flows by 2025 and new goals for 2030 won’t bridge the adaptation finance gap.
Adaptation Gap Report (AGR):
i.UNEP AGR series, produced since 2014, provides an annual science-based assessment of the global progress on adaptation planning, financing, and implementation.
ii.This aims to inform the climate negotiations among United Nations(UN) Member States.
iii.The AGR is co-produced by UNEP, the UNEP Copenhagen Climate Centre (UNEP-CCC) and the World Adaptation Science Programme (WASP).
Overview of FM Nirmala Sitharaman’s 3 Day Visit to Sri Lanka
Nirmala Sitharaman, Union Minister of Finance, was on a three-day official visit to Sri Lanka from 1st to 3rd November 2023.
As a part of the visit, She had call-on meetings with Ranil Wickremesinghe, President of Sri Lanka and Dinesh Gunawardena, Prime Minister (PM) of Sri Lanka.
- During her visit from 1st to 3rd November, Finance Minister (FM) Nirmala Sitharaman inaugurated SBI branches in Trincomalee (Eastern Province ) and Jaffna (Northern Provinces) in Sri Lanka.
- Union Finance Minister Nirmala Sitharaman delivered the keynote address as Guest of Honor at the “NAAM 200” organized by the Government of Sri Lanka to commemorate the 200th anniversary of IOTs to Sri Lanka on November 2 in Colombo.
- Addressed the India-Sri Lanka Business Summit at Colombo, Sri Lanka.
About Sri Lanka:
President- Ranil Wickremesinghe
Capital- Jayawardenepura Kotte(Legislative Capital); Colombo(Judicial and Executive Capital)
Currency- Sri Lankan Rupee
About State Bank of India (SBI):
Chairman- Dinesh Kumar Khara
Founded- 1st July,1955
Headquarters- Mumbai, Maharashtra
Tagline- Pure Banking Nothing Else
>> Read Full News
India among top countries with high income, wealth inequality: UNDP Report 
ii.Income Growth: Between 2000 and 2022, India’s per capita income increased from USD 442 to USD 2,389.
iii.Poverty Reduction: From 2004 to 2019, poverty rates (based on USD 2.15 per day) dropped from 40% to 10%.
About United Nations Development Programme (UNDP):
Administrator– Achim Steiner
Headquarters– New York, United States of America
>> Read Full News
ACQUISITIONS & MERGERS
CCI Approvals on 6th November 2023
Details of the Proposed Combination:
Proposed Transaction 1:
Acquisition of 49% shareholding of Bharti AXA Life Insurance Company Limited (BALIC) by Bharti Life Ventures Private Limited (BLVPL) from AXA India Holdings (AXA) taking its total shareholding in BALIC to 100% and acquisition of BALIC’s sole control.
- Acquirer- BLVPL
- Target- BALIC
Proposed Transaction 2: Acquisition of 48.54% shareholding of Bharti Management Services Limited (BMSL) by Bharti Enterprises Limited (BEL) from Societe Beaujon (a subsidiary of AXA) taking its total shareholding in BMSL to 100% and acquisition of BMSL’s sole control.
- Acquirer- BEL
- Target- BMSL
Key Points:
i.BLVPL and BEL are affiliated companies under the Bharti group, with distinct ownership structures.
ii.BLVPL is a private holding company based in New Delhi, Delhi, solely invested in BALIC, a public unlisted life insurance company.
iii.BEL is a public unlisted company based in New Delhi.
iv.BALIC is a public unlisted life insurance company operating based in Mumbai, Maharashtra.
v.BMSL is a public unlisted company based in Mumbai.
CCI approves Acquisition of shares of IRSL by Aloke Lohia & transfer of certain shares of IRSL to Urmila Lohia
CCI has approved the acquisition of 20.51% equity shares of Indo Rama Synthetics (India) Limited (IRSL) by Aloke Lohia from Brookgrange Investment Limited and transfer of 20.51% equity shares of IRSL to Urmila Lohia by Aloke Lohia.
- Acquirer- Aloke Lohia and Urmila Lohia
- Target- IRSL
Note: Aloke Lohia and Urmila Lohia are the promoters of IRSL
SCIENCE & TECHNOLOGY
NASA Launched A Sounding Rocket As Part Of Its INFUSE Mission
- The mission aims to study the Cygnus Loop, a 20,000-year-old supernova remnant located 2,600 light-years away from Earth.
Cygnus Loop:
i.The Cygnus Loop (also known as the Veil Nebula) is a supernova remnant, the detritus of the explosive death of a massive star about ten to 20,000 years ago.
ii.This massive star was about 20 times the size of the sun.
iii.The study of Cygnus Loop gives insight about the formation of galaxies.
iv.It can be found just above the constellation Cygnus(means swan in Latin).
INFUSE mission:
i.INFUSE is an integral field spectrograph, the first instrument of its kind to fly to space.
ii.The INFUSE mission will collect data about the Cygnus Loop for a few minutes from an altitude of 150 miles (240 kilometres).
iii.The instrument will collect far-ultraviolet light emitted by the Cygnus Loop.
iv.INFUSE will study how the supernovae release its energy into the Milky Way by observing the light emitted as the blast wave collides with pockets of cold gas floating in the galaxy.
About Supernovae:
i.A supernova is the colossal explosion of a star.
ii.Supernovae are considered one of the original sources of the elements heavier than iron in the Universe.
Black Brant 9:
i.The Black Brant 9 can reach altitudes of about 600 km.
ii.it can carry a Payloads weighing from 400 to 1200 pounds.
SPORTS
Chess: Vidit Gujrathi Wins FIDE Grand Swiss; Vaishali Wins FIDE Women’s Grand Swiss 2023
- International Master (IM)Vaishali Rameshbabu won the 2nd edition of FIDE Women’s Grand Swiss 2023 title.
- With this win, Vidit Gujrathi qualified for the ‘Candidates Tournament’. He became the second Indian after R. Praggnanandhaa to qualify for this tournament.
- Being secured the top position Vaishali also qualified for the Candidates Tournament.
About Federation Internationale des Echecs/International Chess Federation (FIDE):
President – Arkady Dvorkovich
Headquarters – Lausanne, Switzerland
Established – 1924
>> Read Full News
Indian Women’s Hockey Team Wins Asian Champions Trophy 2023 
- The 7th edition of the Women’s Asian Champions Trophy was held in Marang Gomke Jaypal Singh Mundha AstroTurf Hockey Stadium in Ranchi, Jharkhand, from 27th October to 5th November 2023.
- China won the bronze medal by defeating South Korea in the Bronze medal match.
Medal Winners:
| Rank | Country | Medal |
|---|---|---|
| 1 | India | Gold |
| 2 | Japan | Silver |
| 3 | China | Bronze |
Highlights
i.Awards:
- Salima Tete(India) – Jharkhand Player of the Tournament
- Deepika(India) – Fan Choice Award for Best Goal of the Tournament.
- Akio Tanaka(Japan) – Best Goalkeeper of the Tournament
- Savita Punia(India) – JSW Women Leader Of The Tournament.
- Sangita Kumari(India) – Rising Star of the Tournament
- Kim Eunji (South Korea) – Best Rising Goal Keeper of the Tournament
- Deep Grace Ekka(India) – Jharkhand Player of the Match(final), and Sangita Kumari(India) – JSW Rising Star of the Match(final)
- India won the Maximum Team Goals Award(27 goals)
ii.Top Goal Scorers:
- Jiaqi Zhong (China)(7 Goals)
- Sangita Kumari(India)(6 Goals)
- Salima Tete(India)(5 Goals)
About the Women’s Asian Champions Trophy :
i.The Women’s Asian Champions Trophy is the biennial tournament, the first edition was held in 2010 in Kangsao, Busan, South Korea.
- Hockey India organised this tournament with support from the Asian Hockey Federation(AHF).
- 2023 tournament witnessed the participation of six teams including India, China, Japan, South Korea, Malaysia, and Thailand.
- This was also the first time the Women’s Asian Champions Trophy was hosted by India.
ii.India women’s team won its maiden Asian Champions Trophy title in 2016 (Singapore) while Japan won in 2013 and 2021 (South Korea)editions.
- India also won silver medals in the 2013(Japan) and 2018(South Korea) editions.
Red Bull’s Max Verstappen Wins F1 Sao Paulo Grand Prix (GP) 2023
Max Verstappen, the Red Bull driver (Dutch-Belgian) won the Formula 1 (FI) Sao Paulo Grand Prix (GP) 2023 title held at Autodromo Jose Carlos Pace circuit in Brazil from 03rd November 2023 to 05th November 2023.
- McLaren driver Lando Norris (United Kingdom-UK) secured second place while Aston Martin driver Fernando Alonso (Spain) secured third place.
Max Verstappen’s Records:
i.This win also marks Verstappen’s 17th win out of 20 races of the 2023 season.
- Max Verstappen broke his own record for the most F1 race victories in a single season in 2023 by winning 17 races.
ii.Max Verstappen leads the F1 World Championship in 2023 with 524 points in the F1 driver standings.
IMPORTANT DAYS
National Cancer Awareness Day 2023- November 07
- NCAD aims to educate the public about early detection, healthy lifestyle choices, and access to quality cancer care.
According to the World Health Organisation (WHO), Cancer is the second leading cause of death worldwide, representing nearly 1 in 6 deaths globally.
Background:
i.National Cancer Awareness Day was initiated in India in September 2014 by Dr Harsh Vardhan, the former Union Minister of Health and Family Welfare.
ii.A committee was formed and it was declared that November 7 of every year would be observed as NCAD to raise awareness about early detection and the avoidance of cancer-causing behaviours.
iii.The first NCAD was observed on 7 November 2014.
iv.NCAD also commemorates the birth anniversary of the Nobel Prize Winner (for Physics in 1903) Marie Curie (Maria Salomea Skłodowska-Curie, born on 7 November 1867), a Polish-born French physicist.
Note:
- She is remembered for discovering radium and polonium, and her huge contribution to finding cancer treatments.
- She was also awarded The Nobel Prize in Chemistry in 1911.
CV Raman Birth Anniversary 2023 – November 7
- 7th November 2023 marks the 135th birth anniversary of CV Raman.
- He is an Indian Physicist well known for his discovery of the Raman effect.
About CV Raman:
i.CV Raman was born on 7th November 1888 in Tiruchirappalli, Tamil Nadu, and passed away in 1970 in Bengaluru(Karnataka).
ii.In 1907, he joined the Indian Finance Service in Kolkata(West Bengal) and worked as Assistant Accountant General.
iii.In 1917, he became Palit Professor of Physics at the University of Calcutta.
iv.In 1919, Raman received two honorary positions namely ‘Honorary Professor’ and ‘Honorary Secretary’ at the Indian Association for the Cultivation of Science (IACS), Kolkata.
v.In 1924, he was elected as Fellow of the Royal Society, London, United Kingdom(UK).
Others:
i.He became the first Indian Director of the Indian Institute of Science (IISC), Bengaluru, in 1933.
ii.In 1948, he established the Raman Research Institute on property donated by the Government of Mysore in Bengaluru.
Awards & Recognition:
i.Nobel Prize: The Nobel Prize in Physics 1930 was awarded to CV Raman for his work on the scattering of light.
- The discovery of the effect was named after him, the Raman Effect.
- He discovered the Raman Effect on 28th February 1928.
- He was the first Indian, Asian, and non-white person to win a Nobel Prize for the sciences.
Note: The Raman effect is the shift in the wavelength of light caused by molecules deflecting a light beam.
ii.Bharat Ratna: In 1954, CV Raman was awarded the inaugural Bharat Ratna for his outstanding service to the country in the field of physics.
- Sarvapalli Radhakrishnan and Chakravarti Rajagopalachari also received the award along with him.
iii.’Sir’ Title: In 1929, King George V of Great Britain knighted him and honoured him with ‘Sir’ title.
iv.He also received the Franklin Medal in 1941 and the International Lenin Peace Prize in 1957.
STATE NEWS
J&K Police Becomes 1st in India to Use GPS Tracker Anklets for Terror-Accused on Bail
The officials of the State Investigation Agency (SIA) of Jammu and Kashmir(J&K) introduced Global Positioning System (GPS) tracker anklets to monitor the terror-accused people out on bail.
- With this, J&K Police became the first police department in India to make use of GPS tracker anklets.
- The tracker is a wearable device affixed around the ankle to track the movement of accused persons.
- The device is already in use in the countries like United States of America (USA), the United Kingdom(UK), South Africa, Australia and New Zealand.
*******
List of Less Important News – Click Here
Current Affairs Today (AffairsCloud Today)
| Current Affairs 8 November 2023 |
|---|
| 7th Edition of the India Mobile Congress (IMC) held in New Delhi |
| Gujarat CM unveils Crest of Indian Navy warship ‘Surat’ |
| FSSAI’s 5th SFSI: Major States Recorded Drop in 2023 Scores from 2019 |
| Krishi 24/7: Govt launches India’s 1st AI solution for Agricultural News Monitoring |
| EAC Conducts its Annual Exercise Poorvi Akash |
| UNEP’s Adaptation Gap Report 2023: Understanding the Global Climate Adaptation Crisis |
| Overview of FM Nirmala Sitharaman’s 3 Day Visit to Sri Lanka |
| India among top countries with high income, wealth inequality: UNDP Report |
| CCI Approvals on 6th November 2023 |
| NASA Launched A Sounding Rocket As Part Of Its INFUSE Mission |
| Chess: Vidit Gujrathi Wins FIDE Grand Swiss; Vaishali Wins FIDE Women’s Grand Swiss 2023 |
| Indian Women’s Hockey Team Wins Asian Champions Trophy 2023 |
| Red Bull’s Max Verstappen Wins F1 Sao Paulo Grand Prix (GP) 2023 |
| National Cancer Awareness Day 2023- November 07 |
| CV Raman Birth Anniversary 2023 – November 7 |
| J&K Police Becomes 1st in India to Use GPS Tracker Anklets for Terror-Accused on Bail |
Aspirant: Does Affairscloud covers all the Current affairs topics related to examinations?
Affairscloud: We Guaranteed All the Important topics related to examination are covered in Our Daily CA content and Daily CA Quizzes.
Aspirant: Why is there a delayal in news?
Affairscloud: As some of the major news sites doesn’t provide the required data on the exact day, we take extra time for important data to be presented to the aspirants on the examination basis to ensure nothing is missed.
Example: In ‘Important Days’ topics the International Organisations publish their reports and Rankings in the evenings, to make sure every data is covered, we delay the topics to the next day.
| Candidates appearing for Competitive Exams. Kindly Share the General Awareness questions,which asked in their respective exams to “gaanalysis.ac@gmail.com” |
|---|
