08th November, 2022

1. ISRO’s RISAT-2 satellite, launched in 2009, made an uncontrolled re-entry into the Earth’s atmosphere in the Indian Ocean near Jakarta on October 30.
2. Agriculture Minister Narendra Singh Tomar has launched a portal on the National Mission on Natural Farming (NMNF) for the benefit of the farming community.
3. Department of Economic Affairs (DEA), Ministry of Finance, has launched the Scheme for Financial Support for Project Development Expenses of PPP Projects – India Infrastructure Project Development Fund Scheme (IIPDF Scheme) on 03.11.2022.
4. The 2022 India-Taiwan Industrial Collaboration Summit, which was co-hosted by Taiwan’s Chinese National Federation of Industries (CNFI) and India’s industry body Federation of Indian Chambers of Commerce and Industry.
5. Apparel Export Promotion Council has launched Apparel Industry Sustainability Action (AISA) 2022–2023.
6. The central govt is planning to set up a comprehensive database of drug formulations manufactured and marketed in the country to strengthen the monitoring mechanism and plug loopholes in the regulatory system.
7. Aibawk cluster in the Aizwal district of Mizoram has become the first cluster to be completed under the Shyama Prasad Mukherji Rurban Mission (SPMRM).
8. Ministry of Education has set up a high-level panel, under the chairmanship of Dr K Radhakrishnan (Chairperson, Board of Governors, IIT Kanpur), to strengthen the assessment and accreditation of higher educational institutions.
9. Department of Drinking Water & Sanitation (DDWS), Ministry of Jal Shakti held Technical Session on “Rural WASH Partnerships – the way forward’ on the second day of the 7th India Water Week.
10. Ministry of Home Affairs has completed the Mother Tongue Survey of India (MTSI) with field videography of the country’s 576 languages.
11. Union Minister for Culture, Tourism & DoNER, G. Kishan Reddy has inaugurated the 6th edition of Ganga Utsav 2022 in New Delhi.
12. Supreme Court has upheld the validity of the Employees’ Pension (Amendment) Scheme of 2014 but quashed the threshold limit of Rs 15,000 monthly salary for joining the pension fund.
13. Guyana President Mohamed Irfaan Ali is set to be the Chief Guest at the 17th Pravasi Bharatiya Divas Convention, scheduled to be held in Indore in January 2023.
14. Ministry of Tourism is participating at World Travel Market (WTM) 2022 from November 7-9 in London which is one of the largest international travel exhibitions.
15. Vadodara in Gujarat has become the 2nd city in India to issue ‘Municipal Bonds’ to fund infrastructure projects. The first city was Pune, which issued the bonds in 2017.
16. Maharashtra has received a loan of USD 350 million (about Rs 2,900 crore) from the Asian Development Bank (ADB) to improve the road connectivity of key economic areas.
17. Nagaland is hosting the first edition of the Tokhü Emong Bird Count (TEBC) between November 4 to 7, a four-day event to document the birds in the state.
18. Rajasthan govt has released its handicraft policy for attracting investments for the promotion of cultural heritage and revival of traditional arts and crafts.
19. President Droupadi Murmu virtually inaugurated and laid the foundation of various central and state government projects in Sikkim.
20. Assam and Meghalaya will work with the Indian Army to transform the Umiam lake into a world-class venue for aquatic sports.
21. A new species of endemic honeybee named Apis karinjodian (aka Indian Black Honeybee) has been discovered in the Western Ghats after a gap of more than 200 years.
22. The 15th edition of the Agro-Tech India was organised by the Confederation of Indian Industry (CII) in Chandigarh.
23. 11th edition of the annual Joint Military Training (JMT) between the Indian Air Force and the Republic of Singapore Air Force was held at Air Force Station, Kalaikunda in Kharagpur, West Bengal.
24. A Maritime Partnership Exercise between Royal Australian Navy ships HMAS Adelaide and HMAS Anzac and Indian Navy Ships Jalashwa and Kavaratti in the Bay of Bengal from 02 to 03 November 2022.
25. Bharat Electronics Ltd (BEL) has signed MOUs with Bosch Global Software Technologies, INERY, Singapore, and Motorola Solutions India for co-operation across a variety of technological fields.
26. Assam government has signed an MoU with Bright Star Investments Pvt. Ltd to ramp up medical infrastructure.
27. European Commission has authorised the world’s first one-dose drug against a respiratory virus that sickens millions of babies and children globally every year.
28. Switzerland has inaugurated the world’s longest passenger train.
29. SpaceX has launched the Falcon Heavy rocket into a Geosynchronous Earth orbit from the Launch Complex 39A at the Kennedy Space Center in Florida, U.S.
30. UN Environment Program has released the “Adaptation Gap Report 2022”.
31. Food and Agriculture Organization has released “The State of Food and Agriculture” report 2022.
32. The 2022 Global Gender Wealth Equity Report has been released by WTW, in partnership with World Economic Forum.
33. State of the Global Climate in 2022 report was released by the World Meteorological Organization (WMO).
34. Hyderabad-based Megha Engineering and Infrastructures Limited (MEIL) has received the letter of authorisation for the Mongol Refinery Project (1st greenfield project), which entails building Mongolia’s first oil refinery in the country.
35. Unity Small Finance Bank Limited has launched Shagun 366, a 1 year, 1-day fixed deposit, at an interest rate of 7.80% p.a., while senior citizens will earn 8.30% p.a. for a 366-day tenure.
36. According to the data released by the Employee Provident Fund Organization, Delhi has topped the chart of EPFO coverage with 61.5% of its eligible population covered under the EPFO plans.
37. Bellatrix Aerospace, a Bengaluru-headquartered company, has announced to set up a Research and Development Centre at $76 million (around Rs 630 crore).
38. RBI gave in-principle approval to C2FO Factoring Solutions Private Limited to set up and operate a Trade Receivables Discounting System (TReDS) platform in India.
39. MUFG Bank has partnered with M1xchange to facilitate digital invoice financing for the bank’s clients.
40. Benjamin Netanyahu has been elected as the Prime Minister of Israel.
41. Lionel Messi has been appointed as the first global brand ambassador of BYJU’S social impact initiative e., Education for All.
42. Reliance Industries has appointed K V Kamath as an Independent Director of the company for a period of five years.
43. Senior bureaucrat Vivek Joshi took charge as the Secretary of the Department of Financial Services (DFS) under the Ministry of Finance.
44. Billionaire Elon Musk has been appointed as the CEO of Twitter.
45. The Appointment Committee of the Cabinet (ACC) has appointed a Non-Executive Chairman on the boards of four Public Sector Banks — Canara Bank, Punjab National Bank (PNB), Union Bank of India and Punjab & Sind Bank (PSB).
46. October 20 – National Solidarity Day
47. November 5 – World Tsunami Awareness Day
48. November 6 – International Day for Preventing the Exploitation of the Environment in War and Armed Conflict
49. November 15 – Janjatiya Gaurav Divas (the birth anniversary of Birsa Munda (15 November 1875 – 9 June 1900)
50. Forbes’ World’s Finest Employers rankings 2022 has been released.
51. R Praggnanandhaa has won gold at the Asian Continental Chess Championship 2022.
52. Indian men’s team (comprising Saurav Ghoshal and Ramit Tandon) have won their first-ever gold at the Asian Squash Team Championships in Cheongju, South Korea after defeating Kuwait.
53. Paralympic champion Pramod Bhagat and promising Manisha Ramadass emerged champions as India finished with a total of 16 medals at the BWF Para-Badminton World Championships in Tokyo.
54. Mumbai won the Syed Mushtaq Ali Trophy tournament by defeating Himachal Pradesh in the finals at Kolkata.
55. “Engineered in India: From Dreams to Billion-Dollar CYIENT” book has been authored by V. R. Mohan Reddy.
56. Independent India’s first-ever voter Shyam Saran Negi has passed away at the age of 106.

National News

1. ISRO’s RISAT-2 satellite, launched in 2009, made an uncontrolled re-entry into the Earth’s atmosphere in the Indian Ocean near Jakarta on October 30.
   • RISAT-2 was launched by the PSLV-C12 launch vehicle.
2. Agriculture Minister Narendra Singh Tomar has launched a portal on the National Mission on Natural Farming (NMNF) for the benefit of the farming community.
   • The portal contains all the information about the mission, implementation outline, resources, implementation progress, farmer registration, blog etc., which will be useful for the farmers. Also, this website will help in promoting natural farming in the country.
3. Department of Economic Affairs (DEA), Ministry of Finance, has launched the Scheme for Financial Support for Project Development Expenses of PPP Projects – India Infrastructure Project Development Fund Scheme (IIPDF Scheme) on 03.11.2022.
   • It is a Central Sector Scheme.
   • It will help in developing quality PPP (public-private partnership) projects by providing necessary funding support to the project sponsoring authorities, both in the Central and State Governments.
4. The 2022 India-Taiwan Industrial Collaboration Summit, which was co-hosted by Taiwan’s Chinese National Federation of Industries (CNFI) and India’s industry body Federation of Indian Chambers of Commerce and Industry.
   • During the summit, three MOUs were signed, which are between –
     • 1st – Adata Technology, a Taiwanese memory chipmaker, and the Electronic Industries Association of India
     • 2nd – Taiwanese precious metal recycling specialist UWin Nanotech Co. and India’s Srikaarya Industries
     • 3rd – Taiwan Environmental Manufacturers Association, Taiwan’s China Productivity Center, Industrial Technology Research Institute, and Water Affairs Organization, and India’s International Centre for Clean Water and Steady-taps Consulting

• Taiwan or Republic of China is located on the island of Formosa.
• Capital – Taipei city; Currency – Dollar
• The “One China Policy” is the position held by the People’s Republic of China (PRC) that there is only one sovereign state under the name China, with the PRC serving as the sole legitimate government of that China, and Taiwan is a part of China.
• Taiwan’s main exports are electronics, basic metals and metal products, plastics and rubber, chemicals, and machinery.
• Presently, Taiwan holds a 60% stake in the international market of the semiconductors chip market.
• Taiwan Semiconductor Manufacturing Company Limited (TSMC) is the biggest semiconductor company in Taiwan and the world.

5. Apparel Export Promotion Council has launched Apparel Industry Sustainability Action (AISA) 2022–2023.
   • Purpose – for evaluating the existing status of the Indian garment industry, encouraging wider penetration of sustainability measures amongst MSMEs, hand-holding them with demonstrations and solutions, and enhancing the brand visibility of sustainable companies on a global platform
   • Global garment production is expected to increase by 63% by 2030.
6. The central govt is planning to set up a comprehensive database of drug formulations manufactured and marketed in the country to strengthen the monitoring mechanism and plug loopholes in the regulatory system.
   • The government has constituted a 7-member expert panel to prepare a ‘National Drugs Database’ which will list the information on the drug, its manufacturer or marketer, dosage forms and strengths.
   • The Ministry of Health is already operating ‘Sugam’, an index of drug licenses issued to companies by state FDAs, while drug prices regulator NPPA separately collects data on companies for price control.
7. Aibawk cluster in the Aizwal district of Mizoram has become the first cluster to be completed under the Shyama Prasad Mukherji Rurban Mission (SPMRM).
   • SPMRM was launched in 2016 to provide amenities to rural areas which are perceived to be urban and have the potential to stimulate local economic development.
   • The Aibawk Rurban cluster, spread across 11 villages, completed all the 48 projects planned under SPMRM.
8. Ministry of Education has set up a high-level panel, under the chairmanship of Dr K Radhakrishnan (Chairperson, Board of Governors, IIT Kanpur), to strengthen the assessment and accreditation of higher educational institutions.
   • Tasks – strengthening the assessment and accreditation processes and preparing a road map for the National Accreditation Council envisioned in the National Education Policy, 2020.
9. Department of Drinking Water & Sanitation (DDWS), Ministry of Jal Shakti held Technical Session on “Rural WASH Partnerships – the way forward’ on the second day of the 7th India Water Week.
   • During the session, Swachh Survekshan Grameen 2023 Toolkit and the web portal for the ‘Twinpit to Retrofit Abhiyan’ was launched.
10. Ministry of Home Affairs has completed the Mother Tongue Survey of India (MTSI) with field videography of the country’s 576 languages.
    • The Ministry of Home Affairs has planned to set up a web-archive at the National Informatics Centre (NIC).
    • The NIC and the National Film Development Corporation (NFDC) will be documenting and preserving the linguistic data of the surveyed mother tongues in audio-video files.
    • According to the 2011 linguistic census, Hindi is the most widely spoken mother tongue, with 52.8 crore people or 43.6 per cent of the population declaring it as the mother tongue.
    • The next highest is Bengali, mother tongue for 9.7 crore individuals, and accounting for 8 per cent of the population.
    • According to the 2011 linguistic census data, more than 19,500 languages or dialects are spoken as mother tongues in India.
11. Union Minister for Culture, Tourism & DoNER, G. Kishan Reddy has inaugurated the 6th edition of Ganga Utsav 2022 in New Delhi.
12. Supreme Court has upheld the validity of the Employees’ Pension (Amendment) Scheme of 2014 but quashed the threshold limit of Rs 15,000 monthly salary for joining the pension fund.
    • The 2014 amendment had capped the maximum pensionable salary (basic pay plus dearness allowance) at Rs.15,000 per month.
    • Prior to the amendment, the maximum pensionable salary was capped at 6,500 a month.
13. Guyana President Mohamed Irfaan Ali is set to be the Chief Guest at the 17th Pravasi Bharatiya Divas Convention, scheduled to be held in Indore in January 2023.
    • Pravasi Bharatiya Divas is celebrated every year on the 9th of January to mark the contribution of the overseas Indian community to the development of India.
14. Ministry of Tourism is participating at World Travel Market (WTM) 2022 from November 7-9 in London which is one of the largest international travel exhibitions.
    • The theme of this year’s exhibition is `The Future of Travel Starts Now`.

State News

1. Vadodara in Gujarat has become the 2nd city in India to issue ‘Municipal Bonds’ to fund infrastructure projects. The first city was Pune, which issued the bonds in 2017.
   • These bonds will be issued with the help of the US Department of Treasury.
2. Maharashtra has received a loan of USD 350 million (about Rs 2,900 crore) from the Asian Development Bank (ADB) to improve the road connectivity of key economic areas.
   • The roads will be developed under the Maharashtra State Road Improvement Project, which was approved by ADB in 2020.
3. Nagaland is hosting the first edition of the Tokhü Emong Bird Count (TEBC) between November 4 to 7, a four-day event to document the birds in the state.
   • It is the first avian documentation exercise undertaken by Nagaland.
4. Rajasthan govt has released its handicraft policy for attracting investments for the promotion of cultural heritage and revival of traditional arts and crafts.
   • The Handicraft Policy 2022 is expected to boost the creation of essential infrastructure for the sector and generate new employment opportunities.
5. President Droupadi Murmu virtually inaugurated and laid the foundation of various central and state government projects in Sikkim.
   • She inaugurated the Atal Setu viaduct connecting West Bengal and Sikkim at Rangpo.
6. Assam and Meghalaya will work with the Indian Army to transform the Umiam lake into a world-class venue for aquatic sports.
   • Also, the first-ever three-day Rising Sun Water Fest 2022 was held at Umiam Sports Complex in Meghalaya.

Agriculture and Rural Development

1. A new species of endemic honeybee named Apis karinjodian (aka Indian Black Honeybee) has been discovered in the Western Ghats after a gap of more than 200 years.
   • The new find has increased the species of honeybees in the world to 11.
   • The distribution of Indian black honeybee ranges from the central Western Ghats and Nilgiris to the southern Western Ghats, covering the States of Goa, Karnataka, Kerala and parts of Tamil Nadu.
   • Until now, there are three species of cavity-nesting honey bees in India, namely Apis indica, Apis cerana, and Apis karinjodian.

   Knowledge Nuggets – · Apiculture is the practice of rearing honeybees. · The global apiculture market is estimated to register a Compounded Annual Growth Rate (CAGR) of 4.3% during the period 2020–25. · The Indian apiculture market size is expected to reach a value of Rs 33,128 million by 2024, expanding at a CAGR of nearly 12% by 2024. · India is the sixth major natural honey exporting country. · India launched the National Beekeeping and Honey Mission in 2020 (under the Ministry of Agriculture and Farmers Welfare) to promote the ‘Sweet Revolution’. · National Beekeeping and Honey Mission aims to establish 5 big regional and 100 small honey and other Bee Products testing laboratories.

2. The 15th edition of the Agro-Tech India was organised by the Confederation of Indian Industry (CII) in
   • Theme – ‘Digital Transformation for Sustainable Agriculture and Food Security’

Defence News

1. 11th edition of the annual Joint Military Training (JMT) between the Indian Air Force and the Republic of Singapore Air Force was held at Air Force Station, Kalaikunda in Kharagpur, West Bengal.
2. A Maritime Partnership Exercise between Royal Australian Navy ships HMAS Adelaide and HMAS Anzac and Indian Navy Ships Jalashwa and Kavaratti in the Bay of Bengal from 02 to 03 November 2022.

Memorandum of Understanding

1. Bharat Electronics Ltd (BEL) has signed MOUs with Bosch Global Software Technologies, INERY, Singapore, and Motorola Solutions India for co-operation across a variety of technological fields.
2. Assam government has signed an MoU with Bright Star Investments Pvt. Ltd to ramp up medical infrastructure.

International News

1. European Commission has authorised the world’s first one-dose drug against a respiratory virus that sickens millions of babies and children globally every year.
   • Sanofi and AstraZeneca have developed this drug named Nirsevimab, a laboratory-developed antibody designed to protect infants during their first exposure to RSV (Respiratory Syncytial Virus), a highly contagious common infection that infects nearly all babies by age 2.
2. Switzerland has inaugurated the world’s longest passenger train.
   • The train has 100 coaches, measures 1910 metres, and consists of 4,550 seats.
3. SpaceX has launched the Falcon Heavy rocket into a Geosynchronous Earth orbit from the Launch Complex 39A at the Kennedy Space Center in Florida, U.S.
   • The first-ever launch of the Falcon Heavy Rocket happened on February 6, 2018.

Knowledge Nuggets –

• Types of Earth Orbits –

Reports and Indices

1. UN Environment Program has released the “Adaptation Gap Report 2022”.
   • Title – Too Little, Too Slow Climate adaptation failure puts world at risk
   • International adaptation finance flows to developing countries are 5-10 times below estimated needs and the gap is widening.
   • Estimated annual adaptation needs are USD 160-340 billion by 2030 and USD 315-565 billion by 2050.

   Knowledge Nuggets – · Established – 1972 · HQ – Nairobi, Kenya · Leadership – Inger Andersen (Executive Director) from Denmark

   2. Food and Agriculture Organization has released “The State of Food and Agriculture” report 2022.
      • The report focussed on the need of automation in agriculture sector.

      Knowledge Nuggets – · FAO is one of the specialised agencies of UN. It aims to achieve food security for all and make sure that people have regular access to enough high-quality food to lead active, healthy lives. · With 195 members – 194 countries and the European Union, FAO works in over 130 countries worldwide. · Established – 1945 · Director-General – QU Dongyu (from China) · HQ – Rome, Italy

      3. The 2022 Global Gender Wealth Equity Report has been released by WTW, in partnership with World Economic Forum.
         • According to the report, women amass only 74% of the wealth that men have at the stage of retirement.
         • Women are at a considerable disadvantage in the accumulation of wealth at the end of their careers.

• The average global Wealth Equity Index across the 39 markets included in the analysis is 74.
• Six markets included in the analysis have a higher wealth index at retirement for women compared to the global average, and among them are China (78%), Japan (82%), the Philippines (79%) and Singapore (79%).
• Region-wise scores –

• India has the worst gender wealth gap in the Asia-Pacific region. The gender wealth gap is the largest in India at 64%.
• Opportunities for women in leadership positions are also limited, with only 3% of women in the workforce occupying senior positions.
• Across the 12 markets in the APAC region, the gender wealth gaps range from 64% (0.64 as shown in the picture above) in India to 90% (0.90) in South Korea.

4. State of the Global Climate in 2022 report was released by the World Meteorological Organization (WMO).
   • The past eight years are on track to be the eight warmest years on record.
   • The global mean temperature in 2022 is currently estimated to be about 1.15 [1.02 to 1.28] °C above the 1850-1900 pre-industrial average.

Banking and Economy

1. Hyderabad-based Megha Engineering and Infrastructures Limited (MEIL) has received the letter of authorisation for the Mongol Refinery Project (1^st greenfield project), which entails building Mongolia’s first oil refinery in the country.
   • Engineers India Limited (EIL) is the Project Management Consultant (PMC) for this Government to Government (G2G) partnership project.
2. Unity Small Finance Bank Limited has launched Shagun 366, a 1 year, 1-day fixed deposit, at an interest rate of 7.80% p.a., while senior citizens will earn 8.30% p.a. for a 366-day tenure.
3. According to the data released by the Employee Provident Fund Organization, Delhi has topped the chart of EPFO coverage with 61.5% of its eligible population covered under the EPFO plans.
   • Goa follows Delhi at 51.4%.
   • The lowest coverage is in Tripura, Assam, and Meghalaya.

4. Bellatrix Aerospace, a Bengaluru-headquartered company, has announced to set up a Research and Development Centre at $76 million (around Rs 630 crore).
5. RBI gave in-principle approval to C2FO Factoring Solutions Private Limited to set up and operate a Trade Receivables Discounting System (TReDS) platform in India.
   • It will enable C2FO to tap its vast network and in-depth understanding of 50,000 MSME suppliers and enterprises to develop the TReDS platform.
   • C2FO has become the 4th TReDS platform in India. The other three are Receivables Exchange of India Ltd., M1xchange, and Invoicemart.
   • Trade Receivables Discounting System (TReDS) is a digital platform for MSMEs to auction their trade receivables at competitive rates through online bidding by Financiers i.e., Banks.
6. MUFG Bank has partnered with M1xchange to facilitate digital invoice financing for the bank’s clients.
   • Under M1xchange’s TReDS (Trade Receivables Discounting System), MSME suppliers get early funding for their receivables under a bidding mechanism, and this is funded by MUFG Bank, which takes on the credit risk of the corporate buyers.

Appointments

1. Benjamin Netanyahu has been elected as the Prime Minister of Israel.
2. Lionel Messi has been appointed as the first global brand ambassador of BYJU’S social impact initiative e., Education for All.
3. Reliance Industries has appointed K V Kamath as an Independent Director of the company for a period of five years.
4. Senior bureaucrat Vivek Joshi took charge as the Secretary of the Department of Financial Services (DFS) under the Ministry of Finance.
5. Billionaire Elon Musk has been appointed as the CEO of Twitter.
6. The Appointment Committee of the Cabinet (ACC) has appointed a Non-Executive Chairman on the boards of four Public Sector Banks — Canara Bank, Punjab National Bank (PNB), Union Bank of India and Punjab & Sind Bank (PSB).
   • Canara Bank – Vijay Srirangam
   • Punjab National Bank – K G Ananthakrishnan
   • Union Bank of India – Srinivasan Varadarajan
   • Punjab & Sind Bank – Charan Singh

Important Days

1. October 20 – National Solidarity Day
2. November 5 – World Tsunami Awareness Day
   • Noliasahi and Venkatraipur are the two Tsunami Ready districts in India in 2020. They received the UNESCO-Intergovernmental Oceanographic Commission (IOC)’s Certificate of Recognition and Certificate of Appreciation.
3. November 6 – International Day for Preventing the Exploitation of the Environment in War and Armed Conflict
4. November 15 – Janjatiya Gaurav Divas (the birth anniversary of Birsa Munda (15 November 1875 – 9 June 1900)

Awards

1. Forbes’ World’s Finest Employers rankings 2022 has been released.
   • Reliance Industries, the nation’s largest corporation by revenues, profits, and market value, is India’s best employer and the 20th best company to work for globally.
   • Global leader Samsung Electronics was followed by Microsoft, IBM, Alphabet, and Apple in the rankings.

Sports

1. R Praggnanandhaa has won gold at the Asian Continental Chess Championship 2022.
   • P V Nandhidhaa won the gold in the women’s Asian Continental Chess championship.
2. Indian men’s team (comprising Saurav Ghoshal and Ramit Tandon) have won their first-ever gold at the Asian Squash Team Championships in Cheongju, South Korea after defeating Kuwait.
   • Hong Kong won the women’s Championship.
3. Paralympic champion Pramod Bhagat and promising Manisha Ramadass emerged champions as India finished with a total of 16 medals at the BWF Para-Badminton World Championships in Tokyo.
4. Mumbai won the Syed Mushtaq Ali Trophy tournament by defeating Himachal Pradesh in the finals at Kolkata.

Miscellaneous

1. “Engineered in India: From Dreams to Billion-Dollar CYIENT” book has been authored by V. R. Mohan Reddy.
2. Independent India’s first-ever voter Shyam Saran Negi has passed away at the age of 106.

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