Dear Readers, Here we have given the list of Important Weekly Current Affairs of Nov 01st to 07th Nov 2024. Candidates those who are preparing for Upcoming SBIClerk 2024 and other competitive exams can make use of it.

Weekly Current Affairs Nov 01st to 07th PDF Download

CURRENT AFFAIRS: IMPORTANT DAYS

• World Vegan Day 2024 is observed on the 1st of November 2024.
• In line with the directives of the Central Vigilance Commission (CVC), this year's Vigilance Awareness Week is being observed from October 28, 2024, to November 3, 2024, under the theme: “Culture of Integrity for Nation's Prosperity.”
• The International Day to End Impunity for Crimes against Journalists (IDEI) is observed annually on November 2.
• World Jellyfish Day is observed on November 3 to raise awareness about the importance of jellyfish in marine ecosystems
• Every year November 3 is celebrated as International Day for Biosphere Reserves.
• World Tsunami Awareness Day 2024 is observed on the 5th of November 2024.
• International Day for Preventing the Exploitation of the Environment in War and Armed Conflict is observed on 6th November 2024.
• National Cancer Awareness Day 2024 is observed on the 7th of November 2024
• Infant Protection Day 2024 is observed on the 7th of November 2024
• Chandrasekhara Venkata Raman's Birthday is observed on the 7th of November 2024.

CURRENT AFFAIRS: NATIONAL NEWS

• Union Minister Piyush Goyal inaugurated the “One District One Product” (ODOP) Wall at the Indian Embassy in Riyadh during his two-day visit to Saudi Arabia.
• The Enforcement Directorate (ED) has issued detailed internal guidelines for its officers on recording statements under Section 50 of the Prevention of Money Laundering Act (PMLA), emphasizing procedural improvements and humane working hours
• The Ministry of Power has issued draft guidelines for a 15-year Power Purchase Agreement (PPA) through Tariff-Based Competitive Bidding (TBCB) to procure firm and dispatchable power from grid-connected renewable energy (RE) projects with Energy Storage Systems (ESS)
• Prime Minister Narendra Modi criticized the Delhi and West Bengal governments for not implementing the Ayushman Bharat health insurance scheme, a flagship initiative providing free healthcare coverage
• Prime Minister Narendra Modi inaugurated and laid the foundation stone for over ₹280 crore worth of projects in Ekta Nagar, Gujarat, focusing on tourism, accessibility, and sustainability in the region.
• Amit Shah, India's Union Home Minister, unveiled a new mobile application designed to facilitate the registration of birth and death, making the process seamless and hassle-free.
• India is likely to invite Indonesian President Prabowo Subianto as Chief Guest for the Republic Day parade in January 2025

• The Ministry of Culture, Government of India, in collaboration with the International Buddhist Confederation (IBC).

• Government of India is considering a ₹2,000 crore fund infusion to revive Pawan Hans, the national helicopter operator, after previously attempting to divest its stake in the company
• India’s food safety regulator, the Food Safety and Standards Authority of India (FSSAI), has revised and tightened antibiotic residue norms

• The Prime Minister Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) scheme, launched on October 1, 2024, aims to accelerate the adoption of electric two-wheelers (e2W) and three-wheelers (e3W).
• The Government of India clarified that Wi-Fi services for in-flight internet access will be allowed only once the aircraft reaches 3,000 meters in altitude.
• The Government e-Marketplace (GeM) has introduced 170 new seed categories aimed at simplifying access to quality agricultural and horticultural seeds
• The All India Organisation of Chemists and Druggists (AIOCD) raised serious objections to a collaboration between Swiggy Instamart and PharmEasy for 10-minute medicine deliveries via dark stores, citing potential public health risks

• Prime Minister Narendra Modi emphasized that the inauguration of advanced medical manufacturing plants will contribute to India’s capability to produce high-quality stents, implants, and advanced medicines, strengthening the country's growth in healthcare manufacturing
• The Central Board of Direct Taxes (CBDT) issued a circular on November 4 allowing tax officers to waive or reduce interest on tax dues, provided certain conditions are met.
• BEML Limited has been granted the prestigious “Self-Certification” status by the Department of Defence Production (DDP), Government of India, for its defence equipment
• The updated National Biodiversity Strategy and Action Plan (NBSAP) 2024-2030 was launched at the 16th Conference of Parties (COP 16) to the Convention on Biological Diversity (CBD) in Colombia
• The Ministry of Information and Broadcasting (I&B) is considering classifying Wikipedia as a content publisher, which would make the Wikimedia Foundation liable in court cases concerning its content

CURRENT AFFAIRS: INTERNATIONAL NEWS

• The United States, Japan, and South Korea have launched the Digital Infrastructure Growth Initiative for India (DiGi Framework) to enhance collaboration with India's private sector for supporting digital infrastructure.
• Brazil has opted not to join China's Belt and Road Initiative (BRI), becoming the second BRICS country, after India, to reject the mega project.
• Arya.ag, a grain commerce platform, has secured $19.8 million from the US International Development Finance Corporation (DFC) to guarantee a debt facility for its agri-commerce subsidiary, Aryatech.
• The annual India International Trade Fair (IITF) is a mega trade show organised at New Delhi’s Pragati Maidan (Bharat Mandapam) by the India Trade Promotion Organization (ITPO).

CURRENT AFFAIRS: STATE NEWS

• Aandhi is a small village in Jaipur district, approximately 43 km from Jaipur, Rajasthan.
• The Uniform Civil Code in Uttarakhand is expected to be implemented by November 9,2024 coinciding with the state’s 24th Foundation Day.
• Andhra Pradesh (AP) Chief Minister (CM) N. Chandrababu Naidu launched the Deepam 2.0 scheme, providing three free LPG cylinders annually to eligible families, as part of the NDA government's "Super Six" election promises.
• Himachal Pradesh (HP) government has allocated ₹1 crore per assembly constituency to upgrade one health institute in each of the 68 constituencies to a model health institute.
• The Karnataka government, through its Department of Electronics, IT, and Biotechnology (Bt), has launched two flagship start-up programs: ELEVATE 2024 and the Karnataka Accelerator Network (KAN).
• The Mizoram government is launching special ration cards for low-income families not covered under the National Food Security Act (NFSA).

CURRENT AFFAIRS: BUSINESS NEWS

• UPL Ltd., a leading provider of sustainable agricultural solutions, has been honored as the top PCT applicant in agrochemical research among Indian Science and Technology clusters
• TruAlt Bioenergy has recently secured a substantial contract to supply 300 million liters of ethanol to Oil Marketing Companies (OMCs) as part of the 2024-25 Ethanol Supply Year (ESY).
• Government of India has injected approximately ₹1,650 crore into Rashtriya Ispat Nigam Limited (RINL), a state-owned enterprise facing significant operational and financial issues

• Uttar Pradesh aims to generate 14,000 MW of solar power by 2027, expanding its renewable energy portfolio to reduce carbon emissions and promote sustainable energy
• NTPC Green Energy Ltd. and ONGC Green Energy Ltd. have established a 50:50 Joint Venture Company (JVC) to enhance their efforts in the renewable energy sector.

CURRENT AFFAIRS: BANKING AND ECONOMY

• On Dhanteras (October 29, 2024), the Reserve Bank of India (RBI) transported an additional 102 tonnes of gold from the Bank of England to secure storage facilities within India.
• Mintoak and Axis Bank have partnered to promote financial inclusion and enhance digital payment adoption among small and medium-sized enterprises (SMEs) in the digital ecosystem.
• Bank of Baroda launched the bob Utsav Deposit Scheme, a special term deposit for a tenure of 400 days, applicable on deposits below ₹3 crore, effective from October 14, 2024.
• DBS Bank India has been awarded as one of the ‘Best Companies for Women in India’ (BCWI) 2024 for the ninth consecutive year.
• The Securities and Exchange Board of India (SEBI) aims to improve the deployment of funds raised by asset management companies (AMCs) during New Fund Offers (NFOs) to ensure timely investment and protect investor interests.
• The Reserve Bank of India Innovation Hub (RBIH) has created an artificial intelligence and machine learning (AI/ML) model named MuleHunter AI aimed at detecting mule accounts for banks and financial institutions.
• The rate of interest on Government of India Floating Rate Bond 2034 (GOI FRB 2034) applicable for the half year October 30, 2024 to April 29, 2025 shall be 7.53% per annum.
• The Reserve Bank of India (RBI) has released the 43rd half-yearly report on management of foreign exchange reserves with reference to end-September 2024.
• The Reserve Bank of India (RBI) has mandated that upper-layer Non-Banking Financial Companies (NBFCs) must secure a minimum of 25% of their total borrowings from capital market instruments.
• The Reserve Bank of India (RBI) has updated the criteria for Central Counterparties (CCPs) as of June 2019.
• Banks have approached the Reserve Bank of India (RBI) to integrate with the Centralised Information Management System (CIMS) for real-time verification of limit utilization under the Liberal Remittance Scheme (LRS).
• Markets regulator Securities and Exchange Board of India (SEBI) has proposed a minimum ticket size or investment threshold of ₹1 crore for the Reserve Bank of India (RBI)-regulated originators and unregulated entities engaged in securitisation activities.
• Banks have suggested phasing out the uncollateralized Mumbai Interbank Offer Rate (MIBOR) and transitioning to a new benchmark for the interest rate derivatives market.
• Punjab & Sind Bank (PSB), a public sector bank, has launched an e-Bank Guarantee (e-BG) facility in partnership with National e-Governance Services Ltd (NeSL).
• Non-bank lender Mahindra Finance announced that it will be launching a co-branded credit card with RBL Bank.
• The Securities and Exchange Board of India (SEBI) has authorized mutual funds (MFs) to invest in foreign funds and unit trusts (UTs) that have up to 25% exposure to Indian equities.
• Franklin Templeton (India) Mutual Fund has launched the Franklin India Arbitrage Fund.
• The Union Finance Ministry has asked sponsor banks to submit comments on the proposed RRB amalgamation by November 20, 2024.
• The Reserve Bank of India (RBI) initiated the withdrawal of ₹2000 banknotes on May 19, 2023, citing that their objective of fulfilling currency needs post the demonetization of ₹500 and ₹1000 notes in 2016 had been achieved.
• SBI Mutual Fund (SBI MF) became the first fund house in India to surpass ₹10 lakh crore in Assets Under Management (AUM), reaching ₹10.99 lakh crore in the September quarter of 2024.
• Finance Minister Nirmala Sitharaman chaired a meeting on November 4, 2024 to conduct a comprehensive review of the Income Tax Act 1961, in line with the announcement made during the last Union Budget.
• Markets regulator Securities and Exchange Board of India (SEBI) has proposed raising the threshold for identifying High Value Debt Listed Entities (HVDLEs) to Rs 1,000 crore from Rs 500 crore at present to reduce compliance burdens.
• The Insolvency and Bankruptcy Board of India (IBBI) has proposed new regulations allowing operational creditors (OCs) to opt for voluntary mediation before initiating insolvency proceedings against a company.
• The Income Tax Department has introduced a three-layered system for the reduction or waiver of interest on unpaid taxes:
• Regional Rural Banks (RRBs) are likely to see a fourth round of amalgamation, with the number of these Banks likely to come down from 43 to 28 through consolidation.
• Karur Vysya Bank (KVB) has been assigned an ‘A1+’ rating for its short-term fixed deposits aggregating ₹12,000 crore and an ‘AA’ rating (Stable) for its fixed deposits by CARE Ratings.
• The National Stock Exchange (NSE) has revised the period for marking a trading account as inactive from 12 months to 24 months.
• The Insolvency and Bankruptcy Board of India (IBBI) has issued a circular announcing a collaboration with the Indian Banks’ Association (IBA) to facilitate the auction of assets through the eBKray platform.
• According to data shared by the National Payments Corporation of India (NPCI), India’s home-grown Unified Payments Interface (UPI) technology hit a new record in October 2024, with a total of 16.58 billion transactions amounting to ₹23.50 lakh crore, Festival season spending aided the 45% year-on-year (y-o-y) rise in October UPI transactions.

CURRENT AFFAIRS: AWARDS AND HONOURS

• Legendary filmmaker Francis Ford Coppola will be honoured with the AFI Life Achievement Award in its 50th year at a ceremony on April 26, 2025, at Hollywood’s Dolby Theatre.
• The Wagh Bakri Tea Group has been awarded the prestigious “Generational Legacy Award for Outstanding Contribution to the Indian Economy” by Hurun India.

CURRENT AFFAIRS: APPOINTMENTS & RESIGNATIONS

• Professor Shubha Tole, neuroscientist and dean of graduate studies, Tata Institute of Fundamental Research, Mumbai, is president-elect of the International Brain Research Organisation (IBRO).
• Kemi Badenoch won the Conservative Party leadership contest, becoming the first black woman to lead a major political party in the United Kingdom (UK).
• S.G.K. Kishore, Executive Director and Chief Innovation Officer of GMR Airports, has been appointed as the new president of Airport Council International (ACI) Asia Pacific & Middle East (ACI APAC & MID).
• State Bank of India (SBI) has appointed Debasish Mishra as the Chief General Manager of its New Delhi Circle, effective November 1, 2024.
• The Financial Services Institutions Bureau (FSIB), the headhunter for directors of state-owned banks and financial institutions, recommended Rahul Bhave for the position of Managing Director (MD) and Chief Executive Officer (CEO) of IFCI Limited.
• The Minister of New & Renewable Energy Pralhad Joshi announced that India has been re-elected as the President of the International Solar Alliance (ISA) for two years till 2026.
• India Yamaha Motor has appointed Itaru Otani as its new Chairman.
• Senior IAS Officer Tuhin Kanta Pandey has received additional charge as Secretary of the Department of Personnel and Training (DoPT).
• The Union Home Ministry (MHA) appointed four new non-official members to the New Delhi Municipal Council (NDMC).
• Rakesh Gangwal, co-founder of IndiGo Airlines, has been appointed as the new independent chair of Southwest Airlines' Board.
• Sanjay Kumar Verma, a 1990-batch IPS officer, has been appointed as the Director General of Police (DGP) of Maharashtra.
• Muralikrishnan B, President of Xiaomi India, is stepping down to pursue academic research, specifically focusing on an Executive Doctorate in Management with a concentration on Consumer Behaviour on Technology Platforms.

CURRENT AFFAIRS: MOUS AND AGREEMENT

• Indian Railways has renewed its Memorandum of Understanding (MoU) with Switzerland’s Federal Department of the Environment, Transport, Energy and Communications (DETEC).
• In a landmark visit, Spain’s President E. Pedro Sánchez, the first Spanish President to visit India in 18 years, expressed robust support for expanding collaborations to align with India's renewable energy goals and infrastructure ambitions at the Spain-India Business Summit organised by the Confederation of Indian Industry (CII).
• The Goods and Services Tax Network (GSTN) announced that starting early next year, GST taxpayers can no longer file their monthly and annual GST returns after three years from the original filing due date
• Adani Enterprises has officially cancelled its plans to demerge its food fast-moving consumer goods (FMCG) business to Adani Wilmar.
• Syngenta India has entered into Memorandums of Understanding (MoUs) with the Central Soil Salinity Research Institute (CSSRI) in Karnal and Choudhary Charan Singh Haryana Agricultural University (HAU) in Hisar.
• India and Saudi Arabia explored avenues to enhance cooperation in key sectors, including fertilizers, petrochemicals, and mining, aiming to boost bilateral trade and investments.
• The Fisheries Ministry, National Fisheries Development Board (NFDB), and ICAR-Central Marine Fisheries Research Institute (CMFRI) are partnering to introduce drone technology in the marine fisheries sector

CURRENT AFFAIRS: RANKING AND REPORTS

• Singapore maintains its position as the world’s most powerful passport in the Henley Passport Index 2024, offering its citizens visa-free access to 195 countries

CURRENT AFFAIRS: ACQUISITION AND MERGERS

• The Competition Commission of India (CCI) approved two significant acquisitions:
• JM Financial Limited (JMFL) will acquire 42.99% of the total paid-up share capital of JM Financial Credit Solutions Limited (JMFCSL).
• JMFCSL will acquire 71.79% of the total paid-up share capital of JM Financial Asset Reconstruction Company Limited (JMFARC).
• Tata Power has acquired a 40% stake in Khorlochhu Hydro Power Limited located in Bhutan for ₹830 crore.
• Bandhan Financial Services (Bandhan Group) acquired Genisys Group, a global IT and business process services company.

CURRENT AFFAIRS: DEFENCE NEWS

• The Indian government is reassessing its procurement model for acquiring 114 Multi-Role Fighter Aircraft (MRFA) in light of previous controversies surrounding the procurement of 36 Rafale fighter jets.
• The Indian Army contingent departed for the 15th edition of India- US joint Special Forces Exercise VAJRA PRAHAR.
• The Indian Army contingent comprising 25 personnel departed for Cijantung, Jakarta, Indonesia to take part in the 9th edition of India-Indonesia Joint Special Forces Exercise GARUD SHAKTI 24.

CURRENT AFFAIRS: SCIENCE & TECHNOLOGY

• The World Health Organization (WHO) in its latest report, announced that Five countries, including India, account for over half (56%) of the global TB burden: India (26%), Indonesia (10%), China (6.8%), the Philippines (6.8%), and Pakistan (6.3%).
• Japan launched a defence satellite named Kirameki No. 3 aboard its new flagship H3 rocket.
• The United Kingdom’s (UK's) National Health Service (NHS) is piloting a new device and app that turns an iPhone into a portable diagnostic tool for throat cancer detection.
• A Russian Soyuz rocket successfully launched from the Vostochny launchpad in eastern Russia, carrying two Iranian satellites, Kowsar and Hodhod, into orbit.

CURRENT AFFAIRS: SPORTS NEWS

• Ravindra Jadeja has reached a major milestone in his Test cricket career, becoming India’s fifth-highest wicket-taker in the format.
• The International Cricket Council (ICC) has appointed Sri Lankan legal expert Sumathi Dharmawardena as the new Independent Chair of its Anti-Corruption Unit (ACU), beginning November 1, 2024.
• India showcased an impressive performance at the Asian Arm Wrestling Cup 2024, securing the runner-up position in the overall team standings held at the Aurika Skycity Hotel in Mumbai.
• The All India Football Federation (AIFF) was honoured with the AFC President’s Recognition Award for Grassroots Football (Silver) at the AFC Annual Awards held in Seoul, South Korea.
• Tottenham and South Korea forward Son Heung-min has been honored as Asia’s International Player of the Year for the fourth time by the Asian Football Confederation (AFC) during its annual awards ceremony held in Seoul.
• Australian wicketkeeper-batter Matthew Wade announced his retirement from international cricket, concluding a notable 13-year career that saw him participate in 225 international matches for Australia
• Spanish midfielders Rodri and Aitana Bonmatí were honored as the world's best soccer players, receiving the men’s and women’s Ballon d’Or awards, respectively, at a ceremony in Paris.
• Indian off-spinner Deepti Sharma has achieved a career-high second place in the latest ICC Women’s ODI rankings for bowlers, moving up two spots due to her outstanding recent performances

• Rising Indian shuttler Malvika Bansod reached the final of the women's singles at the Hylo Open Super 300, defeating eighth seed Julie Dawall Jakobsen from Denmark in straight sets.
• Indian boxers achieved a remarkable 17 medals at the inaugural U-19 World Championships held in Colorado, USA, showcasing their talent on an international platform.

• The Indian pair of Saketh Myneni and Ramkumar Ramanathan emerged victorious at the ATP 100 Challenger event held in Seoul, South Korea, claiming the doubles title.
• Anahat Singh, the 16-year-old squash prodigy, secured her sixth PSA Challenger title of the year by winning the women’s singles crown at the Costa North Coast Open 2024 in Coffs Harbour, Australia

• Max Verstappen is on the verge of securing his fourth Formula One title after a spectacular comeback to win the Brazilian Grand Prix from 17th on the grid.
• Indian professional boxer Mandeep Jangra won the World Boxing Federation (WBF) Super Featherweight World Title.
• The Indian Olympic Association (IOA) formally submitted a Letter of Intent on October 1, 2023 to host the 2036 Olympic and Paralympic Games.

• India’s captain Harmanpreet Kaur moved up to joint ninth in the latest ICC Women’s ODI rankings
• India’s players showcased outstanding skill at the Asia Pickleball Games held recently in Taiwan, bringing home a total of 14 medals, including five golds, four silvers, and five bronzes

CURRENT AFFAIRS: OBITUARIES

• Former Karnataka High Court judge Justice K S Puttaswamy, who played a pivotal role in declaration of right to privacy as a fundamental right from the Supreme Court in 2017, passed away at his Bengaluru residence at the age of 98.
• Quincy Jones, the man known simply as "Q" who worked with musicians ranging from Count Basie to Frank Sinatra and reshaped pop music with his collaborations with Michael Jackson, passed away at the age of 91.
• Popular folk singer Sharda Sinha, who was undergoing treatment at All India Institute of Medical Sciences (AIIMS)-Delhi, passed away at the age of 72.