20 November, 2024
GK Update
Sat 04 Nov, 2023
National
World Food India 2023
- PM Narendra Modi inaugurated the second edition of the Mega food event ‘World Food India 2023’ at Bharat Mandapam, Pragati Maidan, in New Delhi.
- The event aims to showcase India as the ‘food basket of the world’ and celebrate 2023 as the International Year of Millets.
World Food India 2023 | Partner country: The Netherlands | Focus country: Japan |
Market Study on Cement Sector
- The Competition Commission of India is launching a pan-India Market Study on the Cement sector.
- Qualitative and quantitative information will be collected from secondary and primary sources.
Competition Commission of India | Chairperson: Mrs. Ravneet Kaur |
International
India-Malaysia Joint Commission meet
- The Foreign Affairs Minister of Malaysia Dr. Zambry Abdul Kadir will be on a two-day visit to India.
- He will co-chair the 6th India-Malaysia Joint Commission meeting in New Delhi.
Malaysia | Capital: Kuala Lumpur |
Mobility and Migration Partnership Agreement
- Mobility and Migration Partnership Agreement signed between India and Italy to facilitate movement of workers, students and professionals.
- External Affairs Minister Dr S Jaishankar held a comprehensive and productive meeting with Deputy Prime Minister and Foreign Minister of Italy Antonio Tajani in Rome.
Italy | Capital: Rome |
Belt & Road Initiatives
- Philippines has announced to exit from China’s Belt and Road Initiatives.
- The full termination of major infrastructure projects under the Belt and Road Initiative has been announced by the Philippine Department of Transportation in favour of competitors from the West and Japan.
Philippines | Capital: Manila |
Economy
Direct Sri Lankan Rupee-Indian Rupee trade
- State Bank of India has launched a direct Sri Lankan Rupee-Indian Rupee trade, making it the first foreign bank in Sri Lanka to do so.
SBI | Founded: 1955 | Chairperson: Dinesh Kumar Khara |
India's forex reserves
- India's foreign exchange reserves saw a rise of $2.6 billion to $586.5 billion for the week ending on October 27.
Monetary penalties on PNB
- Reserve Bank of India has imposed monetary penalties on Punjab National Bank, Federal Bank, Kosamattam Finance, and Mercedes-Benz Financial Services India for rule violations.
RBI | Founded: 1935 | HQ: Mumbai |
Rs 10,000 crore for NREGS
- Finance ministry released Rs 10,000 crore in urgent aid for NREGS.
- Mahatma Gandhi National Rural Employment Guarantee ActEnacted: 2005
Sports
National Games 2023
- Meenakshi of Haryana has bagged two gold medals in cycling at the National Games in Goa.
- She won medals in the 10km Scratch race and 3km individual pursuit (women) categories.
Awards & Honours
Businessline’s Changemaker of the Year award
- Power Minister R.K. Singh presented Businessline’s Changemaker of the Year award to the Reserve Bank of India for steering the country through the turbulent period of the pandemic.
- Amul was crowned Iconic Changemaker of the Year.
AMUL | Founded: 1946 |
Miscellaneous
‘Road Accidents in India- 2022’
- The yearly report on ‘Road Accidents in India- 2022’ presents that in the year 2022, there were total 4,61312 incidences of road accidents nationwide.
- Tamil Nadu is reported at the top with 64,105 accidents which is 13.9 percent of the total accidents.
Union Minister of Road Transport and Highways | Nitin Gadkari |