Current Affairs November 05th 2022| Current Affairs News

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CURRENT AFFAIRS: IMPORTANT DAYS

World Tsunami Awareness Day: 5th November

• World Tsunami Awareness Day 2022 is observed on the 5th of November 2022.
• World Tsunami Awareness Day 2022 Theme setup for this year is “Early Warning and Early Action Before Every Tsunami”
• On November 5th, 1854, Hiromura a little village which is located in the western part of Japan started celebrating their Traditional Practice, the Burning of Rice Sheaves.
• A farmer who lived in the village anticipated that a big Tsunami would come when he noticed the lowering of the Tide and the natural decrease in the level of Well Water which is a natural sign for a Tsunami warning.
• Later the Villager guided the entire village to the hilltop by burning rice sheaves to indicate the sign of danger.
• Later from the hilltop, they witnessed the tsunami destroy their village.
• They understood that the Fire saved them from the Tsunami.
• Japan proposed this day as World Tsunami Awareness Day because of the intent to protect the precious lives of people.

CURRENT AFFAIRS: NATIONAL NEWS

The largest ever coal mine auction of 141 mines is launched by the finance minister:

• The largest-ever coal mine auction, consisting of 141 mines, was started by Union Finance Minister Nirmala Sitharaman.
• It is anticipated to directly benefit twelve states.
• A fast-growing economy like India needs more investment in coal production and gasification projects.
• The mines up for auction are located in the states of Jharkhand, Chhattisgarh, Odisha, Madhya Pradesh, Maharashtra, West Bengal, Andhra Pradesh, Telangana, Rajasthan, Tamil Nadu, and Bihar, all of which are producers of coal and lignite.
• India is the second-largest importer of dry fuel despite being the fourth-largest producer in the world.
• Therefore, several reforms have been made to encourage commercial coal mining in India to create an “Atma Nirbhar Bharat”.
• Commercial coal mining is permitted, with 50 blocks being made available to the private sector.
• Entry requirements will be relaxed as a result of the elimination of the rule requiring “washed” coal for power plants.
• Instead of being a fixed cost, coal blocks would be made available to private businesses on a revenue-sharing basis.
• The income share will be reduced as an incentive for coal gasification or liquefaction.
• Rights to extract coal bed methane (CBM) from coal mines owned by Coal India will be put up for auction.

PM has launched the “Invest Karnataka 2022” Global Investors Meeting:

• Prime Minister Shri Narendra Modi delivered a video address at the Global Investors Meet, Invest Karnataka’s inaugural event.
• The meeting’s objectives are to draw potential investors and outline the development agenda for the following ten years.
• More than 80 speaker sessions will take place throughout the three days of the conference, which will be hosted in Bengaluru.
• The speakers include well-known business figures including Vikram Kirloskar, Sajjan Jindal, and Kumar Mangalam Birla.
• Additionally, several business shows with over 300 exhibitors as well as national sessions would take place concurrently.
• The phrase “Invest Karnataka” is likely to get everyone’s attention.
• Due to Karnataka’s rich environment, international investment is flocking here.
• This will lay a solid basis for Karnataka’s growth during the following five years.
• The partner nations of France, Germany, the Netherlands, South Korea, Japan, and Australia would each host a country session, inviting high-level ministerial and business delegations from their respective nations.

Mangarh Dham was designated a national monument by PM:

• Mangarh Dham in Rajasthan’s Banswara District has been designated as a National Monument by Prime Minister Shri Narendra Modi.
• India’s past, present, and future are incomplete without the tribal community.
• Mangarh Dham is a symbol of tribal perseverance and sacrifice, and it is the shared legacy of Rajasthan, Gujarat, Maharashtra, and Madhya Pradesh.
• At the event, Prime Minister Narendra Modi paid respect to Bhil freedom fighter Shri Govind Guru.
• Manghar is particularly significant to the Bhil Community and other tribes in Rajasthan, Madhya Pradesh, and Gujarat.
• Freedom fighters like Shri Govind Guru represented India’s traditions and principles.
• He lost his family and his life while battling for his tribe’s freedom.
• The slaughter in Mangarh occurred on November 17, 1913, according to the Prime Minister.

About Mangarh

• During the liberation movement, the Bhil people and other tribes were also engaged in a long-standing standoff with British authority.
• On November 17, 1913, 1.5 lakh Bhil participated in a rally against the British, during which Britishers opened fire on the crowd.
• The massacre resulted in the deaths of 1500 tribe members.

The National Natural Farming Mission Meeting is presided over by the Union Minister of Agriculture:

• The first meeting of the National Natural Farming Mission committee was presided over by Union Agriculture Minister Narendra Singh Tomar at Krishi Bhawan.
• The NMNF portal was introduced by Shri Narendra Singh Tomar.
• The advancement of natural farming in India would be made possible with everyone’s collaboration.
• The officers were instructed by the Union Agriculture Minister to work with the State administration and central agencies to promote market linkage so that farmers could readily sell their goods.
• Surya Pratap Shahi, the minister of agriculture for the state of Uttar Pradesh, Shri Giriraj Singh, the secretary of agriculture for the union, Shri Manoj Ahuja, and senior officers from other ministries all attended the meeting.
• The Union Agriculture Minister has introduced the National Natural Farming Mission.
• The portal has all the necessary details about the mission, the implementation plan, the resources, the progress of the implementation, the farmer registration, the blog, etc.
• The gateway would be for the farmers’ welfare and advantage.
• In the initial phase, the ministry of Jal Shakti identified 75 Sahakar Ganga Villages by signing an MOU with Sahakar Bharti, and training was provided to the farmers.

The River Festival, Ganga Utsav 2022, will be held on November 4^th:

• The Ministry of Jal Shakti will hold two different sessions of Ganga Utsav- The River Festivals 2022 on November 4th, 2022 at the Major Dhyan Chand Stadium in New Delhi.
• The National Mission for Clean Ganga (NMCG), the Department of Water Resources, River Development, and Ganga Rejuvenation, and the Ministry of Jal Shakti are working together to arrange the Ganga Utsav- The River Festivals 2022.
• With the active and inspired engagement of numerous stakeholders, NMGC will make Ganga Utsav- The River Festivals 2022 more vibrant.
• One of the main goals of Ganga Utsav 2022 is to celebrate rivers and raise awareness about the importance of river rejuvenation throughout India’s river basins.
• The River Festivals 2022, Ganga Utsav, will feature a mix of art, culture, music, knowledge, poetry, dialogue, and storytelling.
• G. Padmaja, Padma Shri, Sh. Banerjee, Ms. Megha Nair, and Sh. Bimal Jain will be honoured during the ceremony, which will be placed in New Delhi.

CMIE: The unemployment rate increased from 6.43% in September to 7.77% in October

• According to the CMIE figures, the unemployment rate increased to 7.77% in October from a four-year low of 6.43% in September.
• According to the Centre for Monitoring Indian Economy (CMIE), India’s unemployment rate increased in October as a result of a substantial rise in rural unemployment during the Kharif harvest season.
• The rate of unemployment increased significantly last month as a result of the sharp rise in rural unemployment, reversing the reduction seen in September.
• The unemployment rate in rural areas increased to 8.04% from 5.84% in September, while the rate in urban areas decreased to 7.21% from 7.7% in September.
• Harvest time for Kharif crops, which are planted at the start of the monsoon season, is between September and the first half of October.

CURRENT AFFAIRS: STATE NEWS

Madhya Pradesh Government Launches Ladli Laxmi 2.0 Financial Assistance Scheme For Girls

• Madhya Pradesh Chief Minister Shri Shivraj Singh Chouhan launched the state government’s flagship ‘Ladli Laxmi 2.0’ financial assistance scheme to encourage girls to pursue higher education and make them independent.

About ‘Ladli Laxmi 2.0’ :

• CM Shri Shivraj Singh Chouhan launched the ‘Ladli Laxmi’ scheme in 2007 after he became the Chief Minister for the first time in
• The scheme provides monetary benefits to eligible girl children to ensure they get a good education and change the perspective of society towards the birth of the girl’s child.
• Under the scheme, from the day of the birth, money will be deposited into her name that would total Rs 1.43 lakh when she turns 21 with the condition that her parents not marry her off before she turns 18 years old.
• On the occasion, Mr. Chouhan also transferred a total of Rs 1.85 crore into the bank accounts of 1,477 Ladli Laxmi scheme beneficiary girls to enable them to pursue higher education.

About Madhya Pradesh :

• Governor: Mangubhai C. Patel
• Chief Minister: Shivraj Singh Chouhan
• Capital: Bhopal
• Wildlife Sanctuaries: Bagdara Wildlife Sanctuary, Gandhi Sagar Wildlife Sanctuary, Ken Gharial Wildlife Sanctuary

Meghalaya CM launches “Citizen Engagement and Communication Programme” 

• Meghalaya Chief Minister (CM) Shri Conrad Sangma has launched the Citizen Engagement and Communication Programme at Tura, West Garo Hills district of

Aim: 

• To increase the penetration of all schemes so that governance is improved in all aspects.
• The program will also aim to create much-needed awareness amongst the masses so that people will have the right information to avail benefits of the schemes being launched by the Government.

About Meghalaya :

• Governor: Satya Pal Malik
• Chief Minister: Conrad Sangma
• Capital: Shillong

Himachal Assembly polls: 106-year-old Shyam Saran Negi, first voter of Independent India, casts his postal ballot

• 106-year-old Shyam Saran Negi, the first voter of Independent India, exercised his right to franchise for the 34th time for the Himachal Pradesh Assembly elections through a postal ballot at his residence in the Kinnaur district.
• He cast his vote through a postal ballot for the first time.

About Shyam Saran Negi :

• Negi voted for the first time in 1951 in the general elections of India and has voted 16 times in Lok Sabha Elections. 
• He was popularly known as Master Shyam Saran, has voted in every election since 1951, and has never missed an opportunity to vote.
• He has also been made a state election icon in 2014.

CURRENT AFFAIRS: BANKING & FINANCE

Aditya Birla Health Insurance & IDFC FIRST Bank Partner for Bancassurance

• Aditya Birla Health Insurance Co. Limited. (ABHICL), the health insurance subsidiary of Aditya Birla Capital Limited (ABCL), a leading non-bank financial services conglomerate announced its bancassurance partnership with IDFC FIRST Bank, a new-age bank, for the distribution of health insurance products through the Bank’s state-of-the-art digital platform and its wide distribution network.

About the Partnership :

• This bancassurance partnership will help further strengthen ABHI’s distribution and unlock growth opportunities through the Bank’s wide network.
• This tie-up will help reach the extended market base with ‘Health First’ insurance solutions thereby increasing insurance penetration in

About Bancassurance :

• Bancassurance is an insurance distribution model where insurance companies partner with banks to sell policies.
• Both the bank and the insurance company get to benefit from this arrangement.
• While the bank earns a commission from the insurance company, the insurer gains from the distribution network of the

About ABHICL :

• Founded: 2015
• Headquarters: Mumbai, Maharashtra
• CEO: Mayank Bathwal
• ABHICL was incorporated as a 51:49 joint venture between MMI Strategic Investments (Pty) Ltd, MMI Holdings Limited, Aditya Birla Nuvo Limited, and Aditya Birla Capital Limited (ABCL).

About IDFC FIRST Bank :

• Founded: October 2015
• Headquarters: Mumbai, Maharashtra, India
• MD & CEO : V. Vaidyanathan
• Tagline: Always You First

Niva Bupa and IDFC First Bank partner for bancassurance

• Niva Bupa Health Insurance Company Limited (formerly known as Max Bupa Health Insurance Company), has partnered with IDFC First Bank to provide best-in-class health insurance solutions to the bank’s customers.
• It is the first bancassurance partnership of NBHICL for FY 23.
• With this partnership, NBHIC can expand its reach through the bank for its services, and address the healthcare-related concerns of the bank’s customers.

About Niva Bupa Health Insurance Company Limited :

• Founded: 2008
• Headquarters: New Delhi, Delhi, India
• MD & CEO : Krishnan Ramachandran

Aditya Birla Sun Life partners with Karza to offer insurance on WhatsApp

• Aditya Birla Sun Life Insurance (ABSLI) partnered with Karza Technologies (part of Perfios Software Solutions Pvt. Ltd.) and a few other technology vendors to launch end-to-end onboarding journeys of customers on the WhatsApp platform. 

Key Highlights :

• It will allow customers to select premium amount, term, illustration generation, and premium payment within the WhatsApp journey only.
• The use of Karza’s next-generation tech solutions by Aditya Birla Sun Life Insurance to comply with KYC norms, extract data through APIs, and even get confirmation from customers is a revolution in itself.
• This solution will enable customers to purchase insurance products using WhatsApp within 5 minutes with secured KYC verification and an encrypted chat option provided by WhatsApp.

About Karza Technologies :

• Founded: 2015
• Headquarters: Mumbai, Maharashtra
• MD, and CEO : Kamlesh Rao

Chqbook & NSDL Payments Bank tie up to launch a zero-balance digital current account

• Fintech firm Chqbook teamed up with National Securities Depository Limited (NSDL) Payments Bank to open a zero-balance digital checking account for small business owners.

Key Highlights :

• Small business owners like kiranas, and chemists, among others, can open a current account instantly on the Chqbook App from their smartphone and in a language, they are comfortable with.
• The current account is available in 8 languages making it more accessible and easy to
• The account offers all the features including downloading account statements to reconcile transactions, adding and managing beneficiaries, providing transaction history, ensuring easy fund transfers, and features enhanced biometric security.
• Further, customers receive the advantage of a zero-balance current account along with a free debit card.
• The customers can also avail of a Point Of Sale (POS) machine with one single click on the Chqbook App.

About Chqbook :

• Established: September 2020
• Headquarters: Gurugram, Haryana
• Founder & CEO: Vipul Sharma
• Chqbook is India’s first neobank for small business owners offering world-class financial services through its five pillars of banking, lending, insurance, khata, and rewards.

Bayer, Rabo Partnerships & MasterCard tie up to build a digital ecosystem for agri-finance

• Bayer, Rabo Partnerships, and Mastercard have come together to launch a scalable program to advance the digitization of the Indian agricultural finance ecosystem.
• This collaboration brings together the expertise of three companies in digital, Agri finance, and payments technology to bear upon the task of expanding access to agronomic knowledge, products, services, and

Key Highlights :

• Over 5 years, the program aims to benefit 10 million smallholder farmers in India by enabling them to gain access to formal financial services.
• Smallholder farmers account for 86% of India’s agrarian economy but have difficulty sourcing quality farm products and are often at the mercy of middlemen when it comes to pricing.
• Mastercard’s Farm Pass is a digital ecosystem platform that works offline, even with feature phones, connecting buyers, Farmer Producer Organizations (FPOs), and other agriculture ecosystem players with farmers digitally, and helping them get the best value for their produce.
• The solution, which serves over 600,000 farmers in India and 2 million globally, creates a standard interface for farmers and buyers that facilitates greater efficiency in the agriculture value chain.

Benefits :

• Financial Inclusion: Farm Pass provides access to financial services for a customer segment (farmers) that otherwise couldn’t be reached.
• Inclusive Growth: Farmers build credit profiles and histories.
• Higher Incomes: Farmers gain access to marketplaces and more buyers, improving their livelihoods.
• Convenience: Payments are disbursed digitally, reducing cost, time, and effort per transaction.
• Transparency: Near real-time visibility of end-to-end value chain transactions.
• Operational Efficiencies: Reduced sourcing costs as Farm Pass aggregates produce through agents.
• Trust & Transparency: Stronger ties between agri-sector partners and greater visibility of produce.

About MasterCard :

• Founded: 1966
• Headquarters: New York, United States
• CEO : Michael Miebach
• Mastercard Inc. is the second-largest payment-processing corporation worldwide. 

India Post Payments Bank conducts India’s First Floating Financial Literacy Camp

• India Post Payments Bank (IPPB), conducted India’s First Floating Financial Literacy Camp with an initiative called ‘Niveshak Didi’ to promote Financial Literacy ‘By the women, for the women, in Srinagar, Jammu & Kashmir (J&K).
• The floating financial literacy camp was conducted under the supervision of Shri Gursharan Rai Bansal, Chief General Manager & Chief Sales & Marketing Officer, and Shri Vishwanath Divya, Asst. General Manager (Marketing) along with IPPB & DoP team from Srinagar, J&K.

About ‘Niveshak Didi’:

• As part of the launch of the ‘Niveshak Didi’ initiative, IPPB conducted India’s First Floating Financial Literacy Camp by a newly appointed ‘Niveshak Didi’.
• The Floating Financial Literacy Camp was conducted among the residents around the world-famous Dal Lake of Srinagar, J&K.
• Niveshak Didi’ initiative is based on the ideology of women as rural area women feel more comfortable sharing their queries with a female itself.
• Niveshak Didi, a female dakiya, having a deep social connection to rural masses, will be able to collaborate and resolve their queries in a comfortable environment, at the same time enhancing the financial awareness, especially for the women”.
• To take the Financial Literacy drive ahead, IPPB, in collaboration with the Investor Education and Protection Fund Authority (IEPFA) under the aegis of the Ministry of Corporate Affairs (MCA), launched the initiative called ‘Niveshak Didi’ to promote Financial Literacy.

About IPPB :

• Founded: 1 September 2018
• Headquarters: New Delhi, Delhi, India
• MD & CEO : J. Venkatramu
• Chairman & Director: Vineet Pandey
• IPPB, is a division of India Post which is under the ownership of the Department of Post, a department under the Ministry of Communications of the GoI.

About Ministry of Communications :

• Cabinet Minister: Ashwini Vaishnaw
• Minister of State : Devusinh Chauhan

Asian Development Bank funds the farm efficiency initiative of Smartchem Technologies

• Asian Development Bank (ADB) has announced that it would fund the farm efficiency initiative of Smartchem Technologies Limited (STL), a wholly owned subsidiary of Deepak Fertilisers And Petrochemicals Corporation Limited (DFPCL), through a $30 million loan facility with a tenor of 5 years.
• This is ADB’s first agribusiness “Blue Loan”, and the first such blue loan in India in the agribusiness sector across institutions.
• The loan will be used to finance capital expenditure as well as research and development of enhanced-efficiency speciality fertilizers.

Key Highlights :

• STL was chosen as a suitable candidate for Asian Development Bank (ADB) support because of its
• Leading market position in the enhanced efficiency specialized fertilizers (EESF) segment, with advanced technical capability and satisfactory financial performance
• Growth potential from the enhancement of fertilizer production capacity to provide quality inputs
• Actions to encourage the application of EESFs, which will support the sustainable transformation of agriculture in India while improving its resilience to climate change.
• ADB has also approved a technical assistance grant of USD 5,00,000 for building capacity for Soil Nutrition Management among Smallholder Farmers and Climate Resilience in

About ADB :

• Founded : 19 December 1966
• Headquarters : Mandaluyong, Philippines
• President : Masatsugu Asakawa
• Membership : 68 countries

CURRENT AFFAIRS: RANKING AND REPORTS

India has the largest gender wealth gap (GWG) in APAC at 64%:

• According to a recent study, when compared to other APAC nations, India has the largest gender wealth gap (64%) at present.
• The greater responsibility of caregiving is largely to blame for this.
• Opportunities for women in leadership roles are similarly scarce, according to the 2022 WTW Global Gender Wealth Equity study, with only 3% of women in India’s workforce holding senior positions.
• In terms of the gender wealth gap, South Korea is the APAC region’s top performer.
• The wage caps built into social security payments in South Korea, according to the research, “restrict the buildup of male relative to female wealth.
• According to the research, there are 12 markets in the APAC area where there are gender wealth gaps that range from 64% in India to 90% in South Korea.
• According to the survey, six of the markets studied have a higher wealth index at retirement for women than the worldwide average, including China (78%), Japan (82%), the Philippines (79%), and Singapore (79 per cent).

CURRENT AFFAIRS: APPOINTMENTS & RESIGNATIONS

Energy Efficiency Services Limited appoints Mr. Vishal Kapoor as CEO

• Energy Efficiency Services Limited (EESL) has appointed Vishal Kapoor as its chief executive officer (CEO).
• He Succeeds Mr. Arun Kumar Mishra.
• He takes charge as CEO of EESL after having completed his tenure as Joint Secretary at the Ministry of Power, Government of India.

About Mr. Vishal Kapoor :

• Kapoor played an instrumental role in formulating the Revamped Distribution Sector Scheme for the Operational and Financial turnaround of distribution utilities
• He worked with the Indian Railways in various capacities in the design, operations, and maintenance of the Rolling Stock Indian Railways.
• He introduced the high-capacity car carrying freight cars in India and the export of more than a dozen locomotives to Tanzania and Myanmar.
• He also spearheaded the cyber security and IT initiatives in the power sector

About EESL :

• Headquarters: New Delhi, Delhi, India
• Chairman: K Sreekant
• EESL is a joint venture of Public Sector Undertakings under the Ministry of Power, Government of India.

CRPF appoints 2 women cadre officers as IG of RAF, Bihar sector

• The Central Reserve Police Force (CRPF) has appointed two women officers from its cadre as Inspectors General (IG) of its specialized anti-riots unit RAF and the Bihar Sector.
• Annie Abraham has been appointed as the IG of the blue duangree donning Rapid Action Force (RAF) while Seema Dhundia has been posted as the IG of the Bihar Sector.
• This is the first time that the RAF will be headed by a woman’s IG.
• Both officers joined the paramilitary force in 1987 as the first batch of women officers.
• They have also commanded an all-women Indian police contingent at the United Nations.
• They have been decorated with the President’s Police Medal for Distinguished Service, Police Medal for Meritorious Service, and the ‘Ati Utkrisht Sewa Padak’ during their service.

About CRPF :

• The CRPF is a federal police organization in India under the authority of the Ministry of Home Affairs (MHA) of the GoI.
• It was the first Central Armed Police Force (CAPF) to induct women in combat in
• It has six such battalions at present with women constables filling more than 6,000 posts in these.

FICCI announces Mr. Subhrakant Panda is its president-elect

• Industry body Federation of Indian Chambers of Commerce and Industry (FICCI) announced Subhrakant Panda as its president-elect (2022-23), who is currently serving as FICCI’s Senior Vice President.
• He is the first industrialist from Odisha to take up a leadership role in FICCI.
• He will succeed Sanjiv Mehta as president of the FICCI after the 95th Annual General Meeting (AGM) to be held on December 16th-17th, 2022.

About Mr. Subhrakant Panda :

• Panda is the managing director of Indian Metals & Ferro Alloys Ltd (IMFA), the country’s leading, fully integrated producer of ferroalloys with captive mining and power generation.
• Currently, he leads the FICCI National Manufacturing Committee and has been associated with FICCI for two decades.
• He also served as the organization’s first chairman of the Odisha State Council
• He was also President of both the International Chromium Development Association in Paris (ICDA) and the International Chamber of Commerce (India Chapter).

About FICCI :

• Founded: 1927
• Headquarters: New Delhi, Delhi, India
• President: Sanjiv Mehta
• Director-General: Arun Chawla
• The FICCI is a non-governmental trade association and advocacy group based in

CURRENT AFFAIRS: DEFENCE NEWS

DRDO successfully conducts maiden flight test of Phase-II Ballistic Missile Defence interceptor off Odisha coast

• Defense Research & Development Organisation (DRDO) conducted a successful maiden flight test of Phase-II Ballistic Missile Defence (BMD) interceptor AD-1 missile with a large kill altitude bracket from APJ Abdul Kalam Island off the coast of Odisha.
• The flight test was carried out with the participation of all BMD weapon system elements located at different geographical locations.

About AD-1 missile :

• The AD-1 is a long-range interceptor missile designed for both low exo-atmospheric and endo-atmospheric interception of long-range ballistic missiles as well as aircraft.
• It is propelled by a two-stage solid motor and equipped with an indigenously-developed advanced control system, navigation, and guidance algorithm to precisely guide the vehicle to the target.
• During the flight test, all the sub-systems performed as per expectations and were validated by the data captured by several range sensors including Radar, Telemetry, and Electro-Optical Tracking stations deployed to capture the flight data.

About DRDO :

• Established: 1958
• Headquarters:  New Delhi, Delhi, India
• Chairman : Dr Samir V Kamat
• The DRDO is the premier agency under the Department of Defence Research and Development in the Ministry of Defence of the GoI.

About MoD :

• Union Minister: Rajnath Singh
• Minister of State: Ajay Bhatt
• Defence Secretary: Dr. Ajay Kumar

CURRENT AFFAIRS: SPORTS NEWS

Kerala will host the Track Asia Cup Cycling Tournament in 2022:

• Kerala will host the Track Asia Cup Cycling Tournament in 2022.
• Track Asia Cup, one of the most important cycling competitions, will be hosted at LNCPE Outdoor Velodrome from November 25th to November 28th, 2022.
• Around 200 cyclists from over 25 Asian countries will compete in the Track Asia Cup 2022.
• For the first time, the event is being held outside of Delhi.
• The Asian Cycling Confederation and the Cycling Federation of India have both sanctioned the Track Asia Cup.
• The Kerala Cycling Association stated that due to the high heat, attempts are being made to hold the matches under floodlights.
• Track Asia Cup is also used to determine Asian countries for the 2024 Olympics in Paris.
• The tournament will feature cycling giants such as China, Korea, Japan, and Kazakhstan.
• The event will also include Malaysia, Sri Lanka, Pakistan, Bangladesh, Afghanistan, Indonesia, and India.
• Under the patronage of Chief Minister Pinarayi Vijayan, an organizing committee has been created.
• Track Asia Cup 2022 will be critical in establishing cycling as a significant sports event in the state.

Virat Kohli became the first player in history to score a hat-trick: ICC T20 World Cup

• Virat Kohli has hit form and is collecting fifties in the ongoing ICC T20 World Cup.
• He compiled an undefeated 62 against the Netherlands after playing match-winning innings of 82 not out against Pakistan.
• After faltering against South Africa in Perth, the 33-year-old returned to form with an important fifty against Bangladesh at the Adelaide Oval.
• Kohli is the only player in T20 World Cup history to have three fifty-plus knocks.

About ICC:

• Founded: 15 June 1909
• Chairman: Greg Barclay
• CEO: Geoff Allardice
• Headquarters: Dubai, United Arab Emirates

CURRENT AFFAIRS: OBITUARIES

Padma Bhushan recipient & Noted women’s rights activist Ela Bhatt passes away

• Noted women’s rights and micro-finance activist, lawyer, and Padma Bhushan recipient Ela Bhatt passed away at the age of 89 in Ahmedabad, Gujarat.

About Ela Bhatt :

• Bhatt was born on 7 September 1933, in Ahmedabad, Gujarat.
• She was a well-known Gandhian and advocated the economic empowerment of women.
• She founded the Self-Employed Women’s Association of India (SEWA) in 1972 and served as its general secretary from 1972 to 1996.
• In her pursuit of women’s economic welfare, she founded India’s first women’s bank, the Cooperative Bank of SEWA in
• In 1979, she co-founded Women’s World Banking (WWB), a global network of microfinance organizations assisting women, and served as its chairperson from 1984 to 1988.
• In 1986, she was appointed to the Rajya Sabha by the president and chaired the National Commission on Self-Employed Women.
• Bhatt became a member of The Elders in 2007- a group of world leaders founded by Nelson Mandela, working for peace, justice, and human rights
• She was the chancellor of Gujarat Vidyapith from 7 March 2015 to 19 October 2022.

Awards & Honors :

• She received India’s fourth-highest civilian honour Padma Shri in 1985 and the third-highest civilian honour, the Padma Bhushan, in
• For her efforts in empowering women through entrepreneurship, she received the Gandhi Peace Prize in 2011. 
• She also won the Ramon Magsaysay Award for Community Leadership in 1977 & the Right Livelihood Award for Changing the Human Environment (1984).

Writer & art critic Vijayakumar Menon passes away

• Eminent art critic and scholar in fine arts Vijayakumar Menon Passed away at the age of 76.

About Vijayakumar Menon :

• Vijayakumar Menon was born in Elamakara, Ernakulam district, Kerala.
• He was an Indian art critic, writer, translator, and art teacher from Kerala.
• He was an inmate of Jnana Ashram in Vyasagiri and Vyasa Tapovanam for the past 33 years.
• He has authored many books such as Adhunika Kaladarsanam; Ravivarma Padanam; Bharathiya Chitrakala-Irupatham Noottandil; and Bharathiya Lavanya Darsanavum Kala Parasparyavum.

Awards & Honors :

• He was a winner of several awards including the Kerala Lalithakala Akademi Award for best book on art, Kerala Sahitya Akademi’s endowment for scholarly literature, Kesari Puraskaram, and the Gurudarsanam Award.

Daily CA on November 5:

• World Tsunami Awareness Day 2022 is observed on the 5th of November 2022.
• The largest-ever coal mine auction, consisting of 141 mines, was started by Union Finance Minister Nirmala Sitharaman.
• Prime Minister Shri Narendra Modi delivered a video address at the Global Investors Meet, Invest Karnataka’s inaugural event.
• Mangarh Dham in Rajasthan’s Banswara District has been designated as a National Monument by Prime Minister Shri Narendra Modi.
• The first meeting of the National Natural Farming Mission committee was presided over by Union Agriculture Minister Narendra Singh Tomar at Krishi Bhawan.
• The Ministry of Jal Shakti will hold two different sessions of Ganga Utsav- The River Festivals 2022 on November 4th, 2022 at the Major Dhyan Chand Stadium in New Delhi.
• According to the CMIE figures, the unemployment rate increased to 7.77% in October from a four-year low of 6.43% in September.
• According to a recent study, when compared to other APAC nations, India has the largest gender wealth gap (64%) at present.
• Kerala will host the Track Asia Cup Cycling Tournament in 2022.
• Virat Kohli has hit form and is collecting fifties in the ongoing ICC T20 World Cup.
• Madhya Pradesh Chief Minister Shri Shivraj Singh Chouhan launched the state government’s flagship ‘Ladli Laxmi 2.0’ financial assistance scheme to encourage girls to pursue higher education and make them independent.
• Meghalaya Chief Minister (CM) Shri Conrad Sangma has launched the Citizen Engagement and Communication Programme at Tura, West Garo Hills district of
• 106-year-old Shyam Saran Negi, the first voter of Independent India, exercised his right to franchise for the 34th time for the Himachal Pradesh Assembly elections through a postal ballot at his residence in the Kinnaur district.
• Aditya Birla Health Insurance Co. Limited. (ABHICL), the health insurance subsidiary of Aditya Birla Capital Limited (ABCL), a leading non-bank financial services conglomerate announced its bancassurance partnership with IDFC FIRST Bank, a new-age bank, for the distribution of health insurance products through the Bank’s state-of-the-art digital platform and its wide distribution network.
• Niva Bupa Health Insurance Company Limited (formerly known as Max Bupa Health Insurance Company), has partnered with IDFC First Bank to provide best-in-class health insurance solutions to the bank’s customers.
• Aditya Birla Sun Life Insurance (ABSLI) partnered with Karza Technologies (part of Perfios Software Solutions Pvt. Ltd.) and a few other technology vendors to launch end-to-end onboarding journeys of customers on the WhatsApp platform. 
• Fintech firm Chqbook teamed up with National Securities Depository Limited (NSDL) Payments Bank to open a zero-balance digital checking account for small business owners.
• Bayer, Rabo Partnerships, and Mastercard have come together to launch a scalable program to advance the digitization of the Indian agricultural finance ecosystem.
• India Post Payments Bank (IPPB), conducted India’s First Floating Financial Literacy Camp with an initiative called ‘Niveshak Didi’ to promote Financial Literacy ‘By the women, for the women, in Srinagar, Jammu & Kashmir (J&K).
• Asian Development Bank (ADB) has announced that it would fund the farm efficiency initiative of Smartchem Technologies Limited (STL), a wholly owned subsidiary of Deepak Fertilisers And Petrochemicals Corporation Limited (DFPCL), through a $30 million loan facility with a tenor of 5 years.
• Energy Efficiency Services Limited (EESL) has appointed Vishal Kapoor as its chief executive officer (CEO).
• The Central Reserve Police Force (CRPF) has appointed two women officers from its cadre as Inspectors General (IG) of its specialized anti-riots unit RAF and the Bihar Sector, Annie Abraham has been appointed as the IG of the blue duangree donning Rapid Action Force (RAF) while Seema Dhundia has been posted as the IG of the Bihar Sector.
• Industry body Federation of Indian Chambers of Commerce and Industry (FICCI) announced Subhrakant Panda as its president-elect (2022-23), who is currently serving as FICCI’s Senior Vice President.
• Defense Research & Development Organisation (DRDO) conducted a successful maiden flight test of Phase-II Ballistic Missile Defence (BMD) interceptor AD-1 missile with a large kill altitude bracket from APJ Abdul Kalam Island off the coast of Odisha.
• Noted women’s rights and micro-finance activist, lawyer, and Padma Bhushan recipient Ela Bhatt passed away at the age of 89 in Ahmedabad, Gujarat.
• Eminent art critic and scholar in fine arts Vijayakumar Menon Passed away at the age of 76.