Current Affairs 3 November 2022

Dear aspirants, to crack any type of competitive examination current affairs plays a significant role and for that we are providing daily important news that are most important for your examination. So we are here for you to provide the important Recent and Latest Current Affairs 3 November 2022.

Current Affairs 3 November 2022 includes all newspapers such as The Hindu, The Economic Times, Business Standard, Times of India, PTI, Indian Express, and all Government official websites.

 News Headlines 

1. SpaceX launches ‘Falcon Heavy’ – world’s most powerful rocket on Space Force mission
2. DoT OKs 42 firms for telecom products PLI, incl 17 for design PLI
3. SEBI issued guidelines pertaining to standardise usage of rating scales used by credit rating agencies(CRAs)
4. Puneeth Rajkumar conferred ‘Karnataka Ratna’ posthumously
5. PM Modi attends public programme ‘Mangarh Dham ki Gaurav Gatha’
6. HDFC ERGO has launched first-of-its-kind satellite index-based Farm Yield Insurance Policy
7. President of India, Smt Droupadi Murmu inaugurated the 7th India Water Week
8. NARCL to make its first acquisition in Jaypee Infratech
9. Scientists say new GM mustard seeds safe for commercial cultivation
10. UP CM Yogi Adityanath inaugurates North India’s first hyperscale data centre Yotta D1 in Greater Noida
11. UP’s Ranipur tiger reserve becomes 53rd tiger reserve of India, confirms minister Bhupender Yadav
12. Satwiksairaj Rankireddy and Chirag Shetty win French Open men’s doubles title
13. ‘India Chem 2022’ to be organised on 2-3 November

 News Details 

1. SpaceX launches ‘Falcon Heavy’ – world’s most powerful rocket on Space Force mission

• The secretive USSF-44 mission, the first operational national security mission for Falcon Heavy, is being launched by SpaceX’s rocket for the American Space Force.
• Full form of the USSF is the United States Space Force.
• The rocket was launched from NASA Kennedy Space Center in Florida.
• The Space Test Program-2 (STP-2) mission, launched in June 2019, carried experimental satellites on a test flight for the Pentagon.
• The Falcon Heavy mission was the 1st in more than three years by Elon Musk’s SpaceX.
• The Falcon Heavy is the tallest and most powerful rocket presently in use.
• About SpaceX:
  • CEO, Chairman and CTO: Elon Musk
  • President and COO: Gwynne Shotwell.
  • Founded: March 14, 2002.
  • Headquarters: Hawthorne, California, United States.

2. DoT OKs 42 firms for telecom products PLI, incl 17 for design PLI

• The ministry of communications has expanded the production-linked incentive (PLI) scheme for telecom and networking products with a total of 42 companies, including 28 medium and small enterprises (MSMEs), cleared for receiving sops for a total investment of Rs 4,115 crore.
• Samsung, Nokia, Jabil, Rising Star (Foxconn) and Flextronics as well as local players like HFCL, ITI, VVDN and Tejas Networks are among the selected companies under the scheme.
• A total of 31 companies were given approval on October 14, 2021 for the scheme.
• More about DoT:
  • DoT full form = Department of Telecommunications.
  • It is a department of the Ministry of Communications of the executive branch of the Government of India.
  • Chairman of Telecom Commission and Telecom Secretary: K. Rajaraman.

3. SEBI issued guidelines pertaining to standardise usage of rating scales used by credit rating agencies(CRAs)

• The Securities and Exchange Board of India (SEBI) issued a statement pertaining to the standardization of rating scales used by credit rating agencies(CRAs).
• The circular will come into effect on 1 January 2023.
• CRAs will then have to report to SEBI their compliance with norms as ratified by their boards of directors within one quarter from date of applicability.
• What is a Credit rating agency (CRA)?
  • It is also called a ratings service, is a company that assigns credit ratings, which rate a debtor’s ability to pay back debt by making timely principal and interest payments and the likelihood of default.
• About SEBI:
  • It is the regulatory body for securities and commodity markets in India under the ownership of the Ministry of Finance within the Government of India.
  • Headquarters: Mumbai.

4. Puneeth Rajkumar conferred ‘Karnataka Ratna’ posthumously

• Karnataka’s highest civilian award the ‘Karnataka Ratna’ was conferred posthumously on late actor Puneeth Rajkumar, on the occasion of the 67th Kannada Rajyotsava (the state formation day).
• He is the 9th recipient of this prestigious honour.
• The Karnataka Ratna award consists of a full silver plaque and a 50-gram gold medal.
• Karnataka Ratna was last given to Dr. Virendra Heggade for social service in 2009.
• Puneeth’s late father Rajkumar is among the first recipients of the Karnataka Ratna award in 1992, along with noted poet Kuvempu.
• More information:
  • Other recipients of the award are S Nijalingappa (Politics), CNR Rao (Science), Bhimsen Joshi (Music), Shivakumara Swamiji (Social Service), and Dr J Javaregowda (Education and literature).
• About Karnakata:
  • Governor: Thawar Chand Gehlot.
  • Capital: Bengaluru.
  • Chief minister: Basavaraj Bommai.

5. PM Modi attends public programme ‘Mangarh Dham ki Gaurav Gatha’

• The Prime Minister, Shri Narendra Modi attended a public programme ‘Mangarh Dham ki Gaurav Gatha’ and paid homage to the sacrifices of unsung tribal heroes and martyrs of the freedom struggle.
• He performed Dhuni Darshan and paid floral tributes to the statue of Govind Guru whose death Anniversary fell on 30th October.
• More information:
  • Mangarh Hill holds special importance for the Bhil community and other tribes of Rajasthan, Gujarat, and Madhya Pradesh.
  • During the freedom struggle Bhils and other tribes engaged in a long stand-off with the British.
• About Gujarat:
  • Chief minister: Bhupendrabhai Patel.
  • Capital: Gandhinagar.
  • Governor: Acharya Devvrat.

6. HDFC ERGO has launched first-of-its-kind satellite index-based Farm Yield Insurance Policy

• HDFC ERGO on 31 October 2022 has announced the launch of a technology backed farm yield insurance policy for farmers.
• This is a first-of-its-kind insurance solution, where a satellite-based index will be used to provide localized farm level coverage.
• It will provide comprehensive cover across the crop life cycle from sowing to harvesting, basis satellite-based data.
• The product is valid for food, oilseed, commercial or horticulture crops and for the farmers who are under corporate/farm input company (FIC) contracts.
• About HDFC ERGO:
  • CMD of HDFC ERGO: Ritesh Kumar.
  • Founded: 2002.
  • Headquarters: Mumbai.

7. President of India, Smt Droupadi Murmu inaugurated the 7th India Water Week

• The President of India, Smt Droupadi Murmu inaugurated the 7th India Water Week on November 1, 2022 at Greater Noida, Uttar Pradesh.
• Denmark, Finland, Germany, Israel and the European Union are participating in the 7th India Water Week.
• India Water Week (IWW) 2022 will bring together policymakers, statesmen, and innovators under one roof intending to identify and build technological, political, economic, and social security for ‘Water Security for Sustainable Development with Equity’.
• The Indian govt has a vision of ensuring 100% water availability across India by 2024.
• More information:
  • Minister of Jal Shakti, Shri Gajendra Singh Shekhawat.
• About Uttar Pradesh:
  • Governor: Anandiben Patel.
  • Capital: Lucknow.
  • Chief minister: Yogi Adityanath.

8. NARCL to make its first acquisition in Jaypee Infratech

• The National Asset Reconstruction Co (NARCL) emerged as the winning bidder for the debt of Jaypee Infratech at a Swiss challenge auction after lenders failed to draw counterbids.
• Phoenix ARC, Aditya Birla ARC and ARCIL were among some of the stressed-asset buyers that submitted expressions of interest for Jaypee Infratech.
• More information:
  • NARCL’s offers to lenders for Mittal Corp, SSA International, and Consolidated Construction Consortium have triggered Swiss auctions.
  • It has also given a binding offer for acquiring the debt of Rainbow Papers and Meenakshi Energy.
• What is NARCL?
  • It is the name of the asset reconstruction company incorporated to take over and dispose of the stressed assets of commercial banks.

9. Scientists say new GM mustard seeds safe for commercial cultivation

• A locally developed genetically modified (GM) mustard variety, has received Genetic Engineering Appraisal Committee (GEAC), a state-run biotech regulator, recommendation for commercial cultivation.
• It is the first genetically modified crop in the country to get approval in two decades.
• GEAC is part of the Union Ministry of Environment, Forest and Climate Change.
• More information:
  • India, the world’s biggest edible oil importer, meets more than 70% of its cooking oil demand through imports.
  • Trilochan Mohapatra, president of the National Academy of Agricultural Sciences (NAAS).

10. UP CM Yogi Adityanath inaugurates North India’s first hyperscale data centre Yotta D1 in Greater Noida

• Uttar Pradesh Chief Minister Yogi Adityanath has inaugurated North India’s first hyper-scale data centre Yotta Yotta D1 of Yotta Infrastructure Solution.
• Yotta Infrastructure is a new-age digital transformation service provider, at its Greater Noida data centre park.
• The 3,00,000 square feet data centre was built with an investment of Rs 5,000
• Yotta Infrastructure is a subsidiary of Mumbai-based Hiranandani Group.
• More information:
  • UP has set a target of 250 MW of storage capacity by 2026, with a Rs 20,000 crore investment.
• More about Uttar Pradesh:
  • Governor: Anandiben Patel.
  • Capital: Lucknow.

11. UP’s Ranipur tiger reserve becomes 53rd tiger reserve of India, confirms minister Bhupender Yadav

• Uttar Pradesh’s Ranipur Tiger Reserve has become the 53rd tiger reserve of India.
• The tiger reserve is spread across over 529.36 sq km, of which the core area is 230.32 sq km and buffer area is 299.05 sq km.
• Besides this, it is also the fourth tiger reserve in Uttar Pradesh.
• Apart from Ranipur, the state has three tiger reserves – Dudhwa, Pilibhit and Amangarh.
• More information:
  • Union Minister for Environment, Forest and Climate Change Bhupender Yadav.
  • Ranipur tiger reserve is home to mammals like megafauna tiger, leopard, bear, spotted deer, sambhar, chinkara among others.

12. Satwiksairaj Rankireddy and Chirag Shetty win French Open men’s doubles title

• Star Indian pair of Satwiksairaj Rankireddy and Chirag Shetty defeated 25th ranked Lu Ching Yao and Yang Po Han of Chinese Taipei and clinched the French Open Super 750 title.
• For the Indian duo, The French Open marks their third world tour title after the 2019 Thailand Open and the 2022 Indian Open.
• Satwik and Chirag have also become the first Indian pair to win a Super 750 tournament.
• More information:
  • The tournament took place at the Stade Pierre de Coubertin in Paris, France.

13. ‘India Chem 2022’ to be organised on 2-3 November

• Union Minister of Health & Family Welfare and Chemicals & Fertilizers Dr. Mansukh Mandaviya, will inaugurate the India Chem 2022 on 2nd November 2022 at Pragati Maidan, New Delhi with the theme “Vision 2030: Chemicals and Petrochemicals Build India”.
• The Department of Fertilizers is organizing the 12th edition of INDIA CHEM in association with the Federation of Indian Chambers of Commerce and Industry (FICCI).
• India’s export of chemicals for 2021-22 has hit a record at US$ 29,296 Million.
• About FICCI:
  • President: Sanjiv Mehta.
  • Founded: 1927.
  • Headquarters: New Delhi.

********

So, these are all the current affairs 3 November (today). If you want to explore the full list (all CA), including current affairs 3 November, please click on the link (Current Affairs).