Daily Current Affairs 2nd Nov, 2024: Your guide for daily General Knowledge Preparation
Dear Readers,
This post contains important current affairs of 2nd Nov, 2024. It includes all Major National, International, Business and Sports related current affairs of2nd Nov, 2024. 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 2nd Nov, 2024 Current affairs test.
Business News
UPI Transactions Hit Record-Breaking Rs 23.5 Trillion in October
- India saw unprecedented growth in digital transactions in October 2024, largely driven by the Unified Payments Interface (UPI), alongside other digital payment systems such as the Immediate Payment Service (IMPS), FASTag, and the Aadhaar Enabled Payment System (AePS).
- The festive season and increased merchant and consumer acceptance of digital payments contributed to this record-breaking transaction value of Rs 23.5 trillion, reflecting India’s steady transition to digital payment solutions.
Economy News
GST Collections Surge in October by 8.9% Year-on-Year, Reaching Rs 1.87 Lakh Crore
- In October, India’s Goods and Services Tax (GST) collections hit Rs 1.87 lakh crore, reflecting an 8.9% year-on-year rise.
- This significant collection, based on September’s sales data, stands as the second-highest monthly figure since the GST regime was introduced in July 2017.
- The primary driver of this increase was robust domestic transactions, although revenue growth from imports was comparatively slower, as highlighted by the Ministry of Finance in its latest data release.
Appointments News
Rajesh Kumar Singh Assumes Role as New Defence Secretary in South Block
- Rajesh Kumar Singh, a 1989-batch Indian Administrative Service (IAS) officer from the Kerala cadre, officially took on his responsibilities as Defence Secretary at New Delhi’s South Block.
- Singh succeeds Giridhar Aramane, an IAS officer from the Andhra Pradesh cadre of the 1988 batch, who concluded his distinguished two-year tenure in this position upon retiring on October 31, 2024.
Dr. Jacqueline d’Arros Hughes Appointed Secretary General of World Agriculture Forum
- Dr. Jacqueline d’Arros Hughes, formerly the Director General of the International Crops Research Institute for the Semi-Arid Tropics (ICRISAT), is set to assume the role of Secretary General of the World Agriculture Forum (WAF) in mid-November 2024.
- Known for her commitment to sustainable agriculture and food security, Dr. Hughes brings her extensive experience to WAF, an organization focused on advancing global agricultural policies and practices.
Praveena Rai Takes Office as CEO and MD of MCX
- Praveena Rai has commenced her five-year term as the Chief Executive Officer (CEO) and Managing Director (MD) of the Multi Commodity Exchange of India (MCX) as of October 31, 2024.
- MCX announced her appointment, marking a new era for India’s largest commodity derivatives exchange.
- Rai, a seasoned professional in banking and transaction management, will lead MCX with her expertise in financial services.
Defence News
Indian Army Heads to US for 15th Edition of Joint Special Forces Exercise VAJRA PRAHAR
- A contingent from the Indian Army has departed to participate in the 15th India-US joint Special Forces Exercise, VAJRA PRAHAR.
- Scheduled to take place from November 2 to November 22, 2024, the exercise will be hosted at the Orchard Combat Training Centre in Idaho, USA.
- This annual exercise, which was previously held in Umroi, Meghalaya, in December 2023, underscores the commitment to enhancing military cooperation and interoperability between the two nations’ armed forces.
Indian Army Participates in 9th Edition of Joint Exercise GARUD SHAKTI 24 with Indonesia
- An elite Indian Army team of 25 personnel from The Parachute Regiment (Special Forces) has embarked for Cijantung, Jakarta, Indonesia, to join the 9th edition of the India-Indonesia joint Special Forces Exercise, GARUD SHAKTI 24.
- The exercise, running from November 1 to November 12, 2024, emphasizes the close defense ties and shared strategic interests between India and Indonesia.
