1st and 2nd November 2024 current affairs

1st and 2nd November 2024 current affairs

DAILY-CURRENT-AFFAIRS-BY-EDUSPRINT

National news

Durgesh Aranya Zoological Park Set to Achieve India’s First IGBC Certification
Durgesh Aranya Zoological Park Set to Achieve India’s First IGBC Certification

Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu announced on 30th October 2024 that Durgesh Aranya Zoological Park in Kangra’s Dehra assembly constituency will be India’s first zoo to receive IGBC certification for sustainable and eco-friendly infrastructure.

Key Highlights:

  • Location: Bankhandi area, Kangra district, Himachal Pradesh.
  • IGBC Certification Goals: Focuses on sustainable structural design, landscape planning, and high environmental standards.
  • Unique Features:
    • Nocturnal house for elusive feline species.
    • Wetland aviary showcasing indigenous birds.
  • Animal Enclosures & Species:
    • Approved by the Central Zoo Authority (CZA) with 34 enclosures.
    • Houses 73 species, including Asiatic lions, hog deer, crocodiles, monitor lizards, gharials, and various birds.
  • Eco-Tourism and Economic Impact:
    • Expected to boost tourism and local economy by creating employment opportunities.
    • Reinforces Kangra as the “Tourism Capital” of Himachal Pradesh.

About IGBC:

  • A part of the Confederation of Indian Industry (CII), established in 2001, headquartered in Hyderabad.
  • Offers green building certifications based on six environmental criteria: sustainability, hygiene, energy and water efficiency, innovation, and smart initiatives.

Himachal Pradesh National Parks:

  • Great Himalayan National Park
  • Inderkilla National Park
  • Khirganga National Park
  • Pin Valley National Park
  • Simbalbara (Col. Sher Jung) National Park
Guinness Records Set in Ayodhya Over 25 lakhs Diyas on Deepotsav 2024

During the grand ‘Deepotsav 2024‘ celebrations, Ayodhya made history by setting two Guinness World Records on 30th October evening. In a dazzling spectacle, the Uttar Pradesh Tourism Department, alongside the district administration, illuminated the banks of the Saryu River with over 25 lakh diyas (earthen lamps), creating the world’s largest display of oil lamps.

Record-Breaking Feats:

  1. Largest Display of Oil Lamps:
    • 2,512,585 diyas lit along the Saryu River banks.
  2. Most People Performing Diya Rotation Simultaneously:
    • Thousands participated in this traditional ritual.
    • Certificates presented by Guinness World Records to CM Yogi Adityanath.

Celebration Highlights:

  • Decorations: Thousands of diyas, illuminated ghats, and riverbanks.
  • Shows:
    • Laser and sound displays narrating Ram Leela episodes.
    • Drone shows and fireworks added a modern touch.
  • Cultural Displays:
    • 18 elaborate tableaux depicting Lord Ram’s life.
    • Chariot procession led by CM Yogi, featuring artists as Lord Ram, Sita, and Lakshman.

Dignitaries Present:

  • CM Yogi Adityanath, Union Minister Gajendra Singh Shekhawat, Deputy CMs Brajesh Pathak and Keshav Prasad Maurya.

Address by CM Yogi Adityanath:

  • Revival of Sanatan Dharma: Ayodhya and Kashi as symbols of spiritual resurgence.
  • Development: Emphasized Ayodhya’s transformation under the “double-engine” government.
  • Warned against opposition to progress, citing strict action against mafias.

Tourism and Cultural Initiatives:

  • Tourism App Launch: To facilitate visits and promote Ayodhya as a major cultural hub.
  • Book Release: Authored by Ayodhya’s Mayor, focusing on cultural documentation.

Impact:

  • Deepotsav enhanced Ayodhya’s global recognition as a cultural and spiritual center, blending heritage with innovation through modern displays and traditional customs.

International news

One District One Product’ Promoted by Piyush Goyal During Riyadh Visit
One District One Product’ Promoted by Piyush Goyal During Riyadh Visit

On October 31, 2024, Piyush Goyal inaugurated the “One District One Product” (ODOP) Wall at the Indian Embassy in Riyadh during a two-day visit to Saudi Arabia.

Objective of ODOP:

  • Highlight unique local products from Indian districts on international platforms as part of the “Made in India” initiative.
  • Transform districts into export hubs, fostering economic growth and employment, particularly in rural areas.

Economic Empowerment:

  • The program supports Indian artisans and entrepreneurs by creating sustainable livelihoods and global market access.
  • Partnerships with international retail chains boost the visibility and demand for local products.

Key Engagements:

  • ICAI Interaction: Goyal encouraged members of the Institute of Chartered Accountants of India in Saudi Arabia to adopt best practices and enhance economic ties.
  • Cultural Event: Participated in Diwali celebrations and the closing ceremony of “Pravasi Parichay,” connecting the Indian diaspora with their heritage.

Recognition of Indian Diaspora: Goyal praised the diaspora for their contributions to India’s economy and their role in fostering India-Saudi Arabia cultural and economic ties.

Strategic Partnership: The visit reinforced the India-Saudi Arabia strategic partnership, focusing on trade, investment, and economic cooperation.

About ODOP Program:

  • Launched in 2018 by the Ministry of Food Processing Industries.
  • Aims to foster economic and socio-cultural growth and promote specialized district products for export.

Economy news

NIPFP Lowers India’s GDP Growth Forecast for FY2024-25
NIPFP Lowers India's GDP Growth Forecast for FY2024-25

On October  2024, the National Institute of Public Finance and Policy (NIPFP), a prominent economic think tank based in New Delhi, released its “FY2024-25: Mid Year Macroeconomic Review”. The report revised India’s GDP growth forecast for the financial year 2024-25 (FY25), lowering it to 6.9% – 7.1%, from the earlier forecast of 7.1% – 7.4% made in April.

Key Highlights:

  • Capex Contraction:
    The report highlighted a 19.5% contraction in capital expenditure (Capex) between April-August 2024 compared to the same period in the previous year, primarily due to the election code of conduct.
  • 1st Quarter Performance:
    The report noted that aggregate demand growth in the 1st quarter (Q1) of FY25 (April-June) had moderated to 6.6% Year-on-Year (Y-o-Y). This was attributed to a decline in government spending and net exports, despite strong growth in private consumption.
  • Inflation Projection:
    The average annual inflation for FY25 is projected to be 4.3%, slightly higher than the Monetary Policy Committee’s (MPC) target of 4%.

About NIPFP:

  • Chairman: Dr. Urjit Patel
  • Headquarters: New Delhi, Delhi
  • Established: 1976

Banking news

RBI’s Diwali’s Plan Transporting 102 Tonnes from England
RBI’s Diwali’s Plan Transporting 102 Tonnes from England

On Dhanteras (October 29, 2024), the Reserve Bank of India (RBI) announced the successful transportation of 102 tonnes of gold from the Bank of England to secure storage facilities in India.

Objective: Strengthen India’s gold reserves and ensure financial security amid global geopolitical tensions.

Transportation Highlights: Meticulously planned and discreet operation to safeguard national assets.

India’s Gold Reserves (as of September 2024):

  • Total: 854.73 metric tonnes
    • 510.46 metric tonnes held domestically.
    • 324.01 metric tonnes stored with the Bank of England and the BIS.
    • 20.26 metric tonnes held as gold deposits.
  • Share of gold in forex reserves increased from 8.15% (March 2024) to 9.32% (September 2024).

Recent Trends: Since September 2022, 214 tonnes of gold have been repatriated, including 100 tonnes in May 2024.

Why Store Gold in England?

  • The Bank of England provides access to the London bullion market, the second-largest global gold custodian.

Economic Significance of Gold:

  • Historical Role: Former reserve currency, retains intrinsic value amid currency volatility.
  • Inflation Hedge: Gold is a stable asset with limited supply, holding value better than currencies during inflation.
  • Currency Strength: Boosts a nation’s currency value, enhancing export competitiveness.

RBI’s Reasons for Gold Accumulation:

  • Hedge against negative real interest rates on US bonds.
  • Mitigation of geopolitical risks like the Russia-Ukraine conflict.
  • Diversification of forex reserves with a safer and liquid asset.


Defence news

SIMBEX 2024: Strengthening India-Singapore Naval Partnership in its 31st Edition
SIMBEX 2024: Strengthening India-Singapore Naval Partnership in its 31st Edition

On October 23-29, 2024, the 31st edition of joint Singapore-India Maritime Bilateral Exercise (SIMBEX) 2024 conducted off the coast of Visakhapatnam, Andhra Pradesh. This annual event aimed at enhancing naval cooperation between the Indian Navy (IN) and the Republic of Singapore Navy (RSN).

  • The opening ceremony was conducted onboard Indian Naval Ship (INS) Shivalik.
  • The exercise is conducted in two phases – the Harbour Phase from 23 to 25 October at Visakhapatnam, Andhrapradesh and the Sea Phase from 28 to 29 October in the Bay of Bengal.

Phases:

  1. Harbour Phase (October 23-25):
    • Held at the Eastern Naval Command, Visakhapatnam.
    • Focused on interpersonal relationships through cultural exchanges and sports.
    • Included subject matter expert exchanges and pre-sail briefings.
  2. Sea Phase (October 28-29):
    • Conducted in the Bay of Bengal.
    • Featured advanced naval drills, including:
      • Live weapon firings.
      • Anti-Submarine Warfare (ASW) training.
      • Tactical maneuvers.

Objectives:

  • Strengthening the strategic partnership between India and Singapore.
  • Enhancing interoperability and maritime domain awareness.
  • Fostering cooperation to address common maritime challenges.

Participants:

  • Indian Navy (IN):
    • INS Shivalik (Shivalik-class frigate) with MH-60R Seahawk.
    • Sindhughosh-class submarine, P-81 maritime patrol aircraft, and MiG-29K fighter jets.
  • Republic of Singapore Navy (RSN):
    • RSS Tenacious (Formidable-class frigate) with S-70B Seahawk naval helicopter.

Historical Context of SIMBEX:

  • Initiated in 1994 as Exercise Lion King.
  • Evolved into the longest continuous naval exercise conducted by the Indian Navy with any foreign navy, signifying a strong India-Singapore naval partnership.

About Singapore:

  • Capital: Singapore City.
  • Currency: Singapore Dollar (SGD).
  • Prime Minister: Lawrence Wong.
Ministry of Defence Contracts Chowgule & Company for Indigenous Hovercraft Production
Ministry of Defence Contracts Chowgule & Company for Indigenous Hovercraft Production

On Oct, 2024, the Ministry of Defence (MoD) signed a Rs. 387.44 crore contract with Goa-based Chowgule & Company Private Limited to procure six Air Cushion Vehicles (ACVs) for the Indian Coast Guard (ICG).

  • The contract is classified under the ‘Buy {Indian}’ category, promoting indigenous manufacturing.

Significance

  1. Aatmanirbhar Bharat Initiative:
  1. The ACVs will be manufactured entirely in India, marking a milestone in the country’s shipbuilding industry and enhancing self-reliance.
  2. This is the first-ever indigenous production of ACVs in India’s history.
  3. Support to MSMEs:
  4. The project will involve various Micro, Small, and Medium Enterprises (MSMEs), boosting their growth and fostering technological advancements.
  5. Technical Impact:
  6. Enhances India’s capabilities in producing amphibious and multi-terrain vehicles.

About Air Cushion Vehicles (ACVs)

  • Also known as Hovercrafts, these are amphibious vehicles capable of operating on water, mud, sand, and ice.
  • Hovering is achieved using a high-pressure air cushion, allowing smooth travel without surface contact.

About Indian Coast Guard (ICG)

  • Director General: Paramesh Sivamani
  • Founded: 1977
  • Headquarters: New Delhi, Delhi
Indian Navy Launches ‘Abhay’ – 7th Vessel in ASW SWC Series
Indian Navy Launches 'Abhay' – 7th Vessel in ASW SWC Series

The Indian Navy launched ‘Abhay’, the 7th vessel in the Anti-Submarine Warfare Shallow Water Craft (ASW SWC) series, at L&T Kattupalli, Tamil Nadu. The launch event was presided over by Vice Admiral Rajesh Pendharkar, the Flag Officer Commanding-in-Chief of the Eastern Naval Command (FOC-in-C East).

  • Sandhya Pendharkar, President of the Navy Welfare and Wellness Association (NWWA), Eastern Region, formally launched the ship.
  • The Ministry of Defence (MOD) and Garden Reach Shipbuilders and Engineers (GRSE) had signed a contract in April 2019 for the construction of eight ASW SWC vessels.
  • This project is in line with the Aatmanirbhar Bharat initiative, featuring over 80% indigenous content.

Indian Army Departs for 15th Edition of Joint Special Forces Exercise VAJRA PRAHAR with US Army

An Indian Army contingent has departed to participate in the 15th edition of Exercise VAJRA PRAHAR, a joint Special Forces military exercise between India and the United States. The exercise will take place from November 2 to November 22, 2024, at the Orchard Combat Training Centre, Idaho, USA. This marks a continuation of deepening defence cooperation between the two nations. The 14th edition was conducted in Umroi, Meghalaya, in December 2023.

Key Highlights:

  • Participants:
  • Indian Army: Elite Special Forces known for their versatility and resilience.
  • US Army: Green Berets, specialists in unconventional warfare and high-stakes operations.
  • Each contingent will consist of 45 highly trained personnel.
  • Objective:
  • Enhance interoperability and joint tactical proficiency.
  • Familiarize forces with each other’s special operations strategies.
  • Prepare for collaboration in desert and semi-desert environments.

India-US Defence Partnership in 2024

This year has seen two significant joint military engagements between the Indian and US armies:

  1. Exercise YUDH ABHYAS 2024: Conducted in Rajasthan’s desert terrain in September 2024.
  2. Exercise VAJRA PRAHAR 2024: Focused on special operations and tactical cooperation

Indian Army Departs for 9th Edition of India-Indonesia Joint Special Forces Exercise GARUD SHAKTI 24

The Indian Army contingent, comprising 25 skilled personnel from The Parachute Regiment (Special Forces), has departed for Cijantung, Jakarta, Indonesia, to participate in the 9th edition of the India-Indonesia Joint Special Forces Exercise, GARUD SHAKTI 24. The exercise is scheduled to take place from November 1 to November 12, 2024. This joint effort reflects the robust military ties and shared strategic priorities of India and Indonesia in the Indo-Pacific region.

Participants and Contingent Details

  • India: The elite Parachute Regiment (Special Forces), known for its expertise in unconventional warfare and resilience under challenging conditions.
  • Indonesia: The Kopassus (Special Forces Command), a 40-member contingent recognized for its expertise in counter-terrorism and strategic operations.

Key Objectives of GARUD SHAKTI 24

  1. Enhancing Interoperability:
    • Acquaint both armies with each other’s tactical techniques, operating procedures, and military strategies.
  2. Strengthening Bilateral Ties:
    • Foster mutual understanding and cooperation between the Special Forces of both nations.
  3. Tactical Readiness:
    • Conduct joint training to enhance preparedness for future collaborative missions.
  4. Knowledge Exchange:
    • Share experiences, operational insights, and best practices in areas such as counter-terrorism and strategic planning.

Significance of GARUD SHAKTI 24

  • Strengthens India’s defence partnerships in the Indo-Pacific region.
  • Promotes military-to-military collaboration, advancing common security goals.
  • Enhances readiness for addressing regional and global challenges collectively.

Appointment news

Rashmika Mandanna Appointed National Ambassador for Cyber Safety
Rashmika Mandanna Appointed National Ambassador for Cyber Safety

Indian actress Rashmika Mandanna has been appointed as the National Ambassador for Cyber Safety by the Indian Cybercrime Coordination Centre (I4C), under the Ministry of Home Affairs (MHA).

  • Rashmika will lead a nationwide campaign aimed at raising awareness about cyber threats, cyberbullying, and AI-generated malicious content.
  • Her personal experience with cybercrime brings added credibility to her role in promoting online safety across India.

About I4C:

  • Established in 2018 by the Ministry of Home Affairs (MHA), I4C serves as the nodal point for combating cybercrime in India.
  • It provides a coordinated and comprehensive framework for Law Enforcement Agencies (LEAs) to effectively address cyber threats.

Dr. Jacqueline d’Arros Hughes Appointed as Secretary General of the World Agriculture Forum

Dr. Jacqueline d’Arros Hughes, the outgoing Director General of the International Crops Research Institute for the Semi-Arid Tropics (ICRISAT), will assume the role of Secretary General of the World Agriculture Forum (WAF) in mid-November 2024. Her appointment underscores her exceptional leadership and dedication to sustainable agriculture and food security.

Highlights of Dr. Hughes’ Career:

  • Experience: Over 30 years in agricultural research for development, focusing on sustainable agriculture, food security, and rural development.
  • Global Impact: Her work has significantly benefited vulnerable regions in Africa and Asia, addressing critical challenges in agriculture.
  • Leadership at ICRISAT: As the Director General, Dr. Hughes demonstrated her commitment to tackling pressing global agricultural issues through innovation and collaboration.

About the World Agriculture Forum (WAF): WAF serves as a global platform that advocates for sustainable agricultural transformation, addressing challenges and fostering international cooperation for the future of agriculture.

Sports news

Ravindra Jadeja Climbs to 5th Spot in India’s Test Wicket List
Ravindra Jadeja Climbs to 5th Spot in India’s Test Wicket List

Ravindra Jadeja surpassed Ishant Sharma’s tally of 311 wickets to secure the fifth position among India’s all-time Test wicket-takers during the first day of the third Test against New Zealand in Mumbai.

Top Indian Test Wicket-Takers:

  1. Anil Kumble
  2. Ravichandran Ashwin
  3. Kapil Dev
  4. Harbhajan Singh
  5. Ravindra Jadeja

Career Highlights:

  • Jadeja’s consistency as an all-rounder reflects his impact with both ball and bat.
  • His ability to break partnerships, contain runs, and adapt to various match situations has been instrumental in India’s Test success.

Significance:

  • Achieving this milestone as an all-rounder underscores Jadeja’s dual contribution to Indian cricket as a frontline bowler and dependable batsman.


Maria Sharapova and Bryan Brothers to Be Inducted into International Tennis Hall of Fame – Class of 2025

Russian tennis legend Maria Sharapova and the iconic American doubles players Bob Bryan and Mike Bryan have been selected for induction into the International Tennis Hall of Fame as part of the Class of 2025.

  • The official induction ceremony will take place during the Induction Celebration in Newport, Rhode Island, USA, from August 21 to 23, 2025.
  • Sharapova and the Bryan brothers will join an elite group of 267 inductees from 28 countries.

About the International Tennis Hall of Fame:

  • Chief Executive Officer (CEO): Dan Faber
  • Location: Newport, Rhode Island, USA
  • Established: 1954


Important days

National Unity Day 2024 A Tribute to the Iron Man, Nation Celebrated

October 31st, India celebrates National Unity Day to honor the birth anniversary of Sardar Vallabhbhai Patel, a key figure in the nation’s independence movement and its first Deputy Prime Minister and Home Minister. Known as the “Iron Man of India,” Patel was instrumental in uniting the country’s diverse princely states into a single, independent nation.

Key Events of Ekta Diwas Parade 2024:

  • Participants:
    • 16 marching contingents, including nine states, one Union Territory, Central Armed Police Forces, NCC, and a school band.
  • Special Attractions:
    • Hell March: By the NSG.
    • Daredevil Biking: Performed by BSF and CRPF bikers.
    • Martial Arts: Showcased by BSF.
    • Surya Kiran Flypast: Aerobatic display by the Indian Air Force.

Tribute by PM Narendra Modi:

  • Location: Statue of Unity, Kevadia, Gujarat.
  • Ceremonial Tribute: Unity Oath, wreath-laying, and attending the Unity Day Parade.
  • Message on X: Honored Patel’s commitment to India’s unity and sovereignty, calling his legacy an inspiration for future generations.

Legacy of Sardar Vallabhbhai Patel:

  • Born: October 31, 1875, in Nadiad, Gujarat.
  • Role:
    • Integral leader of the Indian independence movement.
    • Known as the “Iron Man of India” for uniting over 560 princely states into one nation.
  • Inspiration: His leadership and dedication continue to symbolize strength, unity, and patriotism in India.

Fuel your success with Edusprint! Our seasoned faculty, proven strategies, and personalized support ensure a transformative learning experience. Enroll now to conquer competitive exams and fast-track your dream job. #EdusprintSuccess

10-years-exp-in-competitive-exams-coaching-edusprint-ssc-railway-tnpsc-bank-coaching

Edusprint Academy for SSC, Railways, TNPSC, Bank Exams.

Shape Your Future with Edusprint - Igniting Careers for Success!

Discover Exclusive Course Fee Offers: Inquire Now for Special Deals!

Latest & Trending Posts

Discover more from Edusprint academy

Subscribe now to keep reading and get access to the full archive.

Continue reading

Inquire Now

All Inquiries will get a Demo Class & Study Materials for Free