31 October 2023 : Latest Current Affairs 31st October
Important Current Affairs 31st October 2023
In this article, we will discuss all the Current Affairs of 31st October including national, international, banking, finance, sports, awards, and many others. So if you are interested to know about the latest 31st October 2023 current affairs then read this article till the end.
Current Affairs of 31st October – National News
1. Kerala emerges as the pioneer state featuring Hallmarking Centers in each district.
◉ Kerala became the first state in India to have hallmarking centers in each of its 14 districts with the opening of a center in Idukki.
◉ The establishment of hallmarking centers throughout the districts would turn Kerala into a center for the gold industry and bolster its position as the most dependable place to purchase gold jewelry in the nation.
◉ Kerala’s gold industry is valued at around ₹1 lakh crore, with an approximate yearly sales volume of 250 tonnes. In the State, there are roughly 12,000 gold dealers, most of whom are registered with the BIS.
◉ Gold merchants provided hallmarking and hallmarking even though BIS hallmarking was only applicable to items weighing more than two grams.
2. Goa Chief Minister Pramod Sawant opens the “Swayampurna e-bazaar.”
◉ The Goa government has introduced the Swayampurna e-bazaar, an online marketplace for various products manufactured by women and self-help groups.
◉ An expansion of the popular Swayampurna Chavath Bazar is the Swayampurna e-bazaar.
◉ Goan business owners and self-help organizations can use this platform to sell their goods online by contacting 9262626262. Goaebazaar.com allows customers to shop and supports the handicrafts and artisans of rural Goans.
3. In Gujarat, PM Modi committed ₹5950 crore to projects.
◉ The Mehsana district of Gujarat has witnessed the launch of several development projects worth ₹5,950 crore by Prime Minister Narendra Modi.
◉ In Mehsana and Ahmedabad districts, two railway projects have been inaugurated as part of the development works. These comprise the double tracks of a 182 km railway line from Viramgam to ◉ Samkhiali and a 77-km portion dedicated to freight corridors on the western side.
◉ Additionally, the prime minister unveiled a Gujarat Railway Infrastructure Development Corporation project that will help businesses located in the Mandal-Becharaji Special Investment Zone.
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International News
4. The Cayman Islands are taken from the FATF’s “Grey List.”
◉ Cayman Islands, an offshore tax haven, has been taken off the Financial Action Task Force’s (FATF) “grey list.”
◉ Along with Cayman, Panama, Jordan, and Albania have been taken off the list; as a result, the jurisdictions will come under closer scrutiny until the framework’s recognized flaws are fixed.
◉ Bulgaria has been added to the FATF’s gray list.
◉ In 2021, Cayman was added to the gray list. During the investigation into the allegations made against the Adani group by Hindenburg Research, the Caribbean Island gained headlines. There were foreign portfolio investors (FPIs) connected to the inquiry who were residents of that country.
Banking
5. The Bank of Baroda LITE Savings Account is now available.
◉ As part of its holiday marketing, the Bank of Baroda has introduced the Bob LITE Savings Account, a lifetime zero-balance savings account.
◉ Customers can enjoy a hassle-free banking experience with Bob LITE because there is no minimum balance requirement.
◉ For account holders who keep a nominal Quarterly Average Balance (QAB) in the account, there is also a lifetime free RuPay Platinum Debit Card included with the account. A lifetime free credit card is also available to qualifying account holders.
◉ The BoB LITE Savings Account was created with the dual goals of increasing customer happiness during this holiday season and facilitating easier banking access with fewer fees.
6. Fincare SFB and AU Small Finance Bank are set to merge.
◉ Beginning on February 1, 2024, Fincare Small Finance Bank (Fincare SFB) and AU Small Finance Bank (AU SFB) will amalgamate.
◉ In accordance with the merger agreement, for every 2,000 equity shares of Fincare SFB with a face value of ₹10, there will be 579 equity shares of AU SFB, for a share exchange ratio of ₹10 each.
◉ Following the deal, it is anticipated that current Fincare SFB stockholders will hold a 9.9% ownership stake in AU SFB.
◉ Customers of Fincare Small Finance Bank, a digitally enabled small finance bank, have access to a variety of deposit and asset options.
Awards
7. What Nita Ambani gets Global Leadership Award from USISPF
◉ Nita Ambani, the founder and chairperson of the Reliance Foundation, received the 2023 USISPF Global Leadership Award for Corporate Social Responsibility and Philanthropy.
◉ John Chambers, the USISPF Chairman, gave the award at a reception in New Delhi that was attended by notable USISPF members, Indian business executives, and government of India representatives.
◉ Millions of Indian lives have been touched by the philanthropist and businesswoman Nita Ambani’s activities through the Reliance Foundation in the areas of healthcare, sports, education, and the arts.
◉ She actively supports causes pertaining to women and children, making a substantial contribution to closing the gender gap and strengthening the position of women in India’s economy.
Book & Author
8. “Breaking the Mould,” a new book by Raghuram Rajan
◉ On December 7, Raghuram Rajan, a former governor of the Reserve Bank of India (RBI), will release his new book, “Breaking the Mould.”
◉ In his most recent book, co-authored with colleague economist Rohit Lamba, Rajan explores the prospects for India’s economic growth.
◉ India is receiving distribution of the book from Penguin Random House.
◉ The third book was written by the former central banker after he left the RBI governor’s position in September 2016.
9. At Tulsi Peeth in Chitrakoot, PM Modi released three books.
◉ Three volumes written by Rambhadracharya Maharaj and titled Panini Ashtadhyayi Bhashya, Ramanandacharya Charitam, and Rashtraleela of Lord Shri Krishna have been published by PM Modi.
◉ The 3,000-year-old Ashtadhyayi is a foundational work of Indian languages, intellectualism, and study culture. Jagadguru Rambhadracharya founded Tulsi Peeth, a significant religious and social service organization, in Chitrakoot, Madhya Pradesh, in 1987.
◉ It is one of the top publishers of religious books for Hindus.
Important day
10. World Thrift Day is on October 30.
◉ Every year on October 30, people celebrate World Savings Day, also known as World Thrift Day.
◉ The goal is to increase people’s knowledge of their freedom, savings, and financial stability.
◉ Theme: Saving for the future in order to prepare
11. Rashtriya Ekta Diwas, or National Unity Day, is on October 31.
◉ Every year on October 31, National Unity Day, also called Rashtriya Ekta Diwas, is observed to honor Sardar Vallabhbhai Patel, the country’s first home minister, on his birthday.
◉ He was dubbed the “Iron Man of India” because of his steely nerves and iron will. His people called him Sardar, with affection, for his wise leadership and kindness.
◉ Since 2014, the Sardar Patel birth anniversary has been celebrated as “Rashtriya Ekta Diwas” by the Narendra Modi administration.
◉ On October 31, 1875, Patel was born in Nadiad, Gujarat. He is credited with bringing the Union of India together from over 560 princely kingdoms.
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