Current Affairs for Competitive Exam by Gkseries –4 November 2022

November 4, 2022

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Current Affairs is the most important area in all competitive exams. But the difficulty level is very high. That’s why; many aspirants get confused, how to select Current Affairs for Preparation of Competitive Examination? In this Post, Daily Current Affairs 4 November 2022, we have tried to cover each and every point and also included all important facts from National/ International news that are useful for upcoming competitive examinations such as UPSC, SSC, Railway, State Govt. etc.

Current Affairs for Competitive Exam – 4 November 2022

Shyam Saran, first voter of Independent India, casts his postal ballot for Himachal polls

Shyam Saran, first voter of Independent India, casts his postal ballot for Himachal polls: 106-year-old Shyam Saran Negi, the first voter of independent India, exercised his right to franchise for the 34th time through postal ballot for the Himachal Pradesh Assembly elections at his residence in Kinnaur district. Negi, a teacher by profession from Kinnaur, a tribal district in Himachal Pradesh, exercised his right to franchise for the 34th time for the 14th Assembly polls through postal ballot at his home in Kalpa. They voted by postal vote for the first time.

November 2022 Current Affairs Quiz

Interesting fact to know:

Born in July 1917, Shyam Saran Negi voted for the first time in the general elections of India in 1951 and has voted sixteen times in the Lok Sabha elections. He cast his vote in every Lok Sabha, Vidhan Sabha and all local bodies right after 1951. He has also been made a state election icon in 2014.
Popularly known as Master Shyam Saran, the centenarian has voted in every election since 1951 and has never missed an opportunity to vote. After casting his vote, Negi said that every citizen should vote for strengthening the democratic set-up.
Negi was brought to the booth on the red carpet where he exercised his franchise rights and soon after his vote was sealed in an envelope and dropped into the ballot box. Sadiq along with the returning officer cum SDM Kalpa, Major (retd) Shashank Gupta and the other officers and officials of the district administration honoured the first voter of Independent India.
Meanwhile, 5,093 people voted by postal ballot in Himachal Pradesh for the Assembly elections. Voting by postal ballot commenced on November 1 and will be completed before November 11.

Gender Wealth Gap(GWG) in APAC Largest in India at 64%: Report

Gender Wealth Gap(GWG) in APAC Largest in India at 64%: A new study reveals that India has the highest gender wealth gap (64%) compared to other APAC countries. This is largely due to the high burden of caregiving responsibilities. The 2022 WTW Global Gender Wealth Equity report found that opportunities for women in leadership positions are also limited, with only 3% of the workforce occupying senior positions in India.

November 2022 Current Affairs Quiz

What Has Been Said:

“Women also tend to assume childcare responsibilities at a young age for the region, resulting in financial impacts from which women have limited capacity to recover. Compounding this is that long term financial decisions generally rest with men and financial literacy for working women tends to be lower,” stated the report.

World Scenario:

South Korea has been found to be the best performing country in the APAC region in terms of the gender wealth gap. “In South Korea, the earnings limits embedded in social security benefits limit the accumulation of male relative to female wealth,” the report said. According to the report, there are 12 markets in the APAC region where there are gender wealth gaps that range from 64% in India to 90% in South Korea.

Women, when they retire from work, will just have 74 per cent of the wealth accumulated by men. The report said APAC has one of the lowest global wealth gaps on average for gender wealth equity. Women in the region are projected to have wealth levels that are just two points over the global average and just over three-quarters, or 76%, of men’s wealth levels.

The Case At Higher Levels:

The study shows that overall, the gender wealth gap at retirement increases with seniority. At the global level, women in senior expert and leadership roles were found to have less than two-thirds or just 62 per cent of the accumulated wealth of their male counterparts at the time of retirement. A substantial gap of 69 per cent was found at the mid-level professional and technical roles, but it narrowed considerably to 89 per cent for frontline operational roles.

The Best Performing Countries:

According to the report, a total of six markets included in the analysis have higher wealth indexes for women in retirement than the global average, and these include China (78 per cent), Japan (82 per cent), Philippines (79 per cent) and Singapore (79 per cent).

Meghalaya CM launches “Citizen Engagement and Communication Programme”

Meghalaya CM launches “Citizen Engagement and Communication Programme”: Meghalaya Chief Minister Conrad K Sangma launched the “Citizen Engagement and Communication Programme” in Tura in West Garo Hills district of Meghalaya. The Government of Meghalaya has launched various welfare programs and information should be disseminated for the greater benefit of the people.

November 2022 Current Affairs Quiz

The “Citizen Engagement and Communication Programme” program aims at grassroots penetration of all schemes so that governance is improved in all aspects. The program will 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. Chief Minister Conrad K Sangma encouraged the team to sensitize themselves so that they can in turn sensitize the public regarding all the available schemes.

“Permacrisis” Is Collins Dictionary’s Word Of The Year

“Permacrisis” Is Collins Dictionary’s Word Of The Year: Permacrisis has been chosen as the Collins Dictionary Word of the Year. The term implies an extended period of instability and insecurity. “Permacrisis sums up just how truly awful 2022 has been for so many people,” Alex Beecroft, head of Collins Learning told AFP.

November 2022 Current Affairs Quiz

‘Permacrisis’ is a word that describes living in an age of continued upheaval; Collins defines the noun as ‘an extended period of instability and insecurity’. According to The Guardian, Collins chose permacrisis as the word of the year as it “sums up quite succinctly how truly awful 2022 has been for so many people”. It’s the top word in an annual compilation of 10 new or notable words from an 18 billion-word database monitored by Collins and from other sources like social media. One of the six new words on the list that CollinsDictionary.com has added is “permacrisis.”

Notably: Permacrisis was Beating off competition from the likes of “Kyiv”, “sportswashing” and “partygate”, the term “permacrisis” was named as Britain’s word of the year in recognition of a dismal 2022.

VR Krishna Gupta named as Chairman of BPCL

VR Krishna Gupta named as Chairman of BPCL: State-run Bharat Petroleum Corporation (BPCL) on Tuesday said its Director (Finance) Vetsa Rama Krishna Gupta has taken up the additional charge of Chairman and Managing Director.

November 2022 Current Affairs Quiz

Gupta’s elevation comes after Arun Kumar Singh superannuated as CMD on Monday, the oil marketing company said in a statement. According to Bharat Petroleum’s official statement, Gupta has an illustrious career spanning over 24 years at the company, in various Finance roles, V R K Gupta is Director (Finance) in the company and holds the additional charge of Director (HR).

How his experience helps BPCL?

Under his able leadership, BPCL expeditiously completed the integration of wholly-owned subsidiaries BORL and BGRL with BPCL, as well as smooth onboarding of employees of BORL and BGRL into the BPCL family.
He is currently a Board member in BPRL (Bharat Petro Resources Limited) and Fino Paytech Limited and was also a Board member in the recently amalgamated companies BORL (Bharat Oman Refineries Limited) & BGRL (Bharat Gas Resources Limited), as well as, MAFFL (Mumbai Aviation Fuel Farm Facility Private Limited).

Career of Vetsa Rama Krishna Gupta:

Gupta joined BPCL in August 1998 and has well-rounded experience across finance functions covering commercial finance, corporate accounts, risk management, business planning, budgeting, treasury operations. A big advocate of digitalisation, he envisions the massive-scale digital transformation being implemented at Bharat Petroleum as a far-reaching initiative that is reinforcing Trust, Convenience and Personalization for consumers and enhancing efficiencies and transparency in operations.

SEWA founder & women’s activist Elaben Bhatt passes away

SEWA founder & women’s activist Elaben Bhatt passes away: At the age of 89, Elaben Bhatt, a well-known activist for women’s empowerment and the founder of the Self-Employed Women’s Association (SEWA), passed away. Elaben was the Chairperson of Sabarmati Ashram and recently resigned as the Chancellor of Mahatma Gandhi-founded Gujarat Vidhyapith. In 2007, Nelson Mandela became part of a group of world leaders called the Elders, founded to promote human rights and peace throughout the world.

November 2022 Current Affairs Quiz

The recipient of national and international awards, including the Padma Bhushan, the Ramon Magsaysay Award, the Indira Gandhi Peace Prize and many other accolades, she was globally recognised as a woman leader who founded many institutions and carried out pioneering work in organising the informal sector for self-employment and empowerment of women not only in India but across South Asia.

Elaben Bhatt: Life and career

Elaben Bhatt was a Member of the Rajya Sabha and of the Planning Commission of India in the 1980s. She served in many international organisations, including Women’s World Banking, a global network of microfinance organisations, of which she was co-founder and had served as Chairperson. She also served as an advisor to the World Bank, and addressed the United Nations General Assembly.
Sewa, founded by her in 1972, is one of the largest cooperatives working for women, with a base of over 2 million members from about 18 states in the country and neighboring countries.
In 2012, she was praised by then U.S. Secretary of State Hillary Clinton. “I have a lot of heroes and heroines around the world and one of them is Ela Bhatt, who started an organisation called the SEWA in India many years ago”.
Elaben was born on September 7, 1933 in Ahmedabad to a family involved in social work. His father Sumant Bhat, a lawyer, served as a District Judge and was later appointed Charity Commissioner for Bombay and then Gujarat, where he oversaw the activities of all charities, trusts and NGOs.
Her mother, Vanalila Vyas, served as secretary of the Gujarat branch of the All India Women’s Conference for some time. Founded in 1927 by Kamaladevi Chattopadhyay, the organization worked for educational and social reforms.

Bank of India launches special deposit scheme

Bank of India launches special deposit scheme: With the demand for deposits among banks intensifying, Bank of India on Tuesday announced a special fixed deposit scheme — Star Super Triple Seven Fixed Deposit – wherein they are offering 7.25 per cent rate of interest (7.75 per cent for citizens) on a deposit for 777 days. The bank has raised interest rate on its existing 555-days fixed deposit scheme to 6.30%.

November 2022 Current Affairs Quiz

“This is a limited-time offer from the bank,” a statement from the bank said on Tuesday. “When compared to other investment options such as public provident funds, senior citizen savings schemes, national savings certificates, or RBI bonds, Bank of India’s 777-day FD scheme is the most profitable and smart investment option,” the bank said.

Apart from the special deposit scheme, the Bank of India has increased the interest rate on the existing 555-day fixed deposit scheme to 6.30 per cent. And, it has raised interest rates by 25 basis points on other maturities from 180 days to less than 5 years. Another public sector lender, Bank of Baroda has also revised interest rates on “Baroda Advantage Fixed Deposits”. The bank is now offering interest rates ranging from 5.75 per cent to 7 per cent on these fixed deposit schemes, depending on the maturities. It has also revised the interest rate on Tiranga deposit scheme and Tiranaga plus deposit scheme.

Khattar launches ‘CM dashboard’ for live monitoring of departments

Khattar launches ‘CM dashboard’ for live monitoring of departments : Haryana Chief Minister Manohar Lal Khattar on Monday launched the “CM dashboard” and said the portal will have real-time data of all departments and decisions taken on major schemes.

“Live monitoring of every department at the block, district and panchayat levels will be done,” Khattar said.

November 2022 Current Affairs Quiz

It will provide live monitoring of every department at the block, district and panchayat levels. This will enable tracking of methodology and analysis of reports, and also help the govt in comparing the old data with new data. He has also launched a dedicated e-Upphar portal to auction gifts received by him.

The portal will also have information about the high-level decisions taken by the administrative wing on all the major schemes. This will enable tracking of the methodology of the reports and further will help in valuable comparison between the old and new data.

Garuda Aerospace, IISc sign MoU for research projects, geographical surveys

Garuda Aerospace, IISc sign MoU for research projects, geographical surveys : Garuda Aerospace has signed an MoU with the Indian Institute of Science (IISc) for collaborative research operations and services using unmanned aerial vehicles (UAVs). The Department of Aerospace Engineering (DoAE) at IISC will provide support them for future operations.

November 2022 Current Affairs Quiz

It will provide the development of digital input processing packaging tools, including yield estimation from a specific image, crop diagnostics, and field mapping.

According to Agnishwar Jayaprakash, Founder and CEO, Garuda Aerospace, the association with IISc is a step towards realising the company’s potential to provide developments of digital input processing packaging tools, including yield estimation from a given image, diagnoses of crops, surveillance and mapping of fields and lands.

“This partnership will facilitate the collaborative development of new technology related to surveillance applications using drones, that will benefit the farmers, the government and the country as a whole. IISc will provide a central cloud platform for storage of data,” Dr S.N. Omkar, Chief Research Scientist Control and Guidance was quoted as saying in a statement.

CEO Garuda: Agnishwar Jayaprakash

ICC T20 World Cup: Virat Kohli becomes 1st player to register a hat-trick in the history

ICC T20 World Cup: Virat Kohli has hit the form and is scoring fifties in the ongoing ICC T20 World Cup. Again, Pakistan scored an unbeaten 62 against the Netherlands after playing a match-winning knock of 82 not out. After missing the match against South Africa in Perth, the 33-year-old came back on the back to score a crucial fifty against Bangladesh at the Adelaide Oval. Kohli is the first player in the history of the T20 World Cup to score 3 or more fifty-plus knocks on three occasions.

November 2022 Current Affairs Quiz

Men with 3 or more fifty-plus knocks in a T20 World Cup: