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Daily Current Affairs 3rd November 2023: Your guide for daily General Knowledge Preparation

Dear Readers,

This post contains important current affairs of 3rd November 2023. It includes all Major National, International, Business and Sports related current affairs of 3rd November 2023. A brief explanation of every current affair is provided to further enhance your general knowledge. Once you have gone through these current affairs we would recommend to you to try 3rd November 2023 Current affairs test.

 

Banking and Finance News:

1. SBI Card and Reliance Retail Cobranded Credit Card

  • SBI Card and Reliance Retail Limited have launched a cobranded credit card, the ‘Reliance SBI Card’.
  • Available in two versions – Reliance SBI Card and Reliance SBI Card PRIME – the card is made from recycled plastic and features RuPay contactless technology.

2. HSBC India Launches eBank Guarantees

  • HSBC India, in partnership with National EGovernance Services Limited (NeSL), introduced electronicBank Guarantees (eBGs), a first for an international bank in India.
  • eBGs are digital versions of traditional bank guarantees, ensuring payment by the bank to a beneficiary under certain conditions.

3. IndiaFirst Life Insurance’s Milestone in GIFTCity

  • IndiaFirst Life Insurance Company Limited is now the first Indian life insurance company to register with the Gujarat International Finance TecCity (GIFTCity)’s International Financial Services Centre (IFSC).
  • GIFT IFSC, established under the Special Economic Zone Act of 2005, is India’s premier international financial services center.

4. SEBI’s New Format for AMCs’ Scheme Information Documents

  • The Securities and Exchange Board of India (SEBI) introduced a new format for Asset Management Companies’ (AMCs) Scheme Information Documents (SIDs).
  • The new format, effective from April 1, 2024, aims to provide clearer information to investors.

Awards and Recognitions:

5. AIFF’s AFC President’s Recognition Bronze Award

  • The All India Football Federation (AIFF) received the AFC President’s Recognition Bronze Award for its contributions to grassroots football.
  • AIFF president Kalyan Chaubey received the award in Doha, Qatar.
  • Individual awards: Salem Al Dawsari (Saudi Arabia) – AFC Men’s Player of the Year 2022, Samantha Kerr (Australia) – AFC Women’s Player of the Year 2022.

Appointments and Resignations:

6. Manoranjan Mishra as RBI’s New Executive Director

  • Manoranjan Mishra has been appointed as the new Executive Director of the Reserve Bank of India (RBI), effective from November 1, 2023.
  • He will oversee the Enforcement, Risk Monitoring, and External Investments & Operations Departments.

Science and Technology:

7. India’s Development of LRSAM System Under Project Kusha

  • India is developing a longrange surfacetoair missile (LRSAM) system, similar to Israel’s Iron Dome, under Project Kusha.
  • The Defense Research and Development Organisation (DRDO) is leading this project to enhance India’s air defense capabilities.

Sports:

8. Indian Team’s Performance at Hangzhou Asian Para Games 2022

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  • The Indian team secured fifth position in the medal tally at the Hangzhou Asian Para Games 2022 in China.
  • They won a record-breaking total of 111 medals: 29 gold, 31 silver, and 51 bronze.
  • The mascot for the games was ‘Feifei’, the Divine Bird.
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