Daily Current Affairs 2 November 2022 for Banking/Insurance/SSC and other related exams.
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Supreme Court Bans Two-Finger Test
The Supreme Court imposed a ban on the two-finger test in a rape case, a move that will change the historical trajectory of rape convictions in India.
- While restoring conviction in a rape-murder case, a bench of Justices DY Chandrachud and Hima Kohli said, “The so-called test is based on the incorrect assumption that a sexually active woman cannot be raped. Nothing could be further from the truth – a woman’s sexual history is wholly immaterial while adjudicating whether the accused raped her.”
- The top court further directed that any person conducting such a test will be found guilty of misconduct.
Gujarat Government set up Committee to Implement Uniform Civil Code(UCC)
With Gujarat headed to Assembly elections and awaiting the release of the poll schedule, state Home Minister Harsh Sanghavi announced that the cabinet had decided to form a committee for the implementation of the Uniform Civil Code (UCC) in the state.
- The committee will be constituted under the leadership of a retired judge of the High Court. The cabinet has given the Chief Minister the right to constitute the committee and it is expected to comprise three-four members. Its scope of work too will be decided.
Chief Minister Yogi Adityanath inaugurates north India’s first data centre at Greater Noida
Uttar Pradesh Chief Minister Yogi Adityanath inaugurated North India’s first hyper-scale data centre Yotta Yotta D1 built at the cost of Rs 5,000 crore and spread over an area of 3,00,000 square feet at the upcoming Data Centre Park in Greater Noida.
- Memorandums of Understanding worth Rs 39,000 crore were also signed between the Yogi Government and Hiranandani Group to be spent on projects in the next five years on the occasion, as per the official statement.
BANKING & FINANCE
UPI Transactions Grow 7.7% To 730 Cr In October
UPI transactions rose by 7.7 per cent in October to 730 crore. The total value for the month stood at more than ₹12.11 lakh crore.
- In September, there were 678 crore UPI-led digital transactions worth Rs 11.16 lakh crore.
- The number of instant interbank fund transfer through IMPS (Immediate Payment Service) in October stood at 48.25 crore and the value was at Rs 4.66 lakh crore. In terms of transactions, it was higher by 4.3 per cent compared to September, according to the monthly data from the National Payments Corporation of India (NPCI) released.
ACQUISITIONS & MERGERS
Google buys Twitter-Backed AI Avatar Startup Alter for $100 Mn
Tech giant Google has acquired Alter, an artificial intelligence (AI) avatar startup that was working on using AI to generate avatars for social media users and brands to express their virtual identity.
- According to TechCrunch, Google buys the startup for about $100 million in an effort to improve its content game and compete with TikTok.
- The acquisition was completed about two months ago, but neither company made an announcement.
Max Verstappen won Mexican Formula 1 GP 2022
Red Bull driver Max Verstappen finished in first place at the Mexican Grand Prix 2022 to claim his record-setting 14th win of the season. Mercedes’ Lewis Hamilton and Red Bull’s Sergio Perez finished second and third respectively.
- Verstappen 14th victory of the season sees him pass Michael Schumacher and Sebastian Vettel for the most race wins in a single season in Formula One history.
- Verstappen is now the most successful driver in the history of the Mexican GP, having secured his fourth title. It was the 34th race win of his career & 14th win of the 2022 season.
French Open 2022 Badminton: Satwiksairaj Rankireddy and Chirag won men’s doubles title
Star Indian pair of Satwiksairaj Rankireddy and Chirag Shetty clinched the French Open Super 750 title with a straight-game victory over Chinese Taipei’s Lu Ching Yao and Yang Po Han in the men’s doubles final.
- The world number eight pair outwit the 25th ranked Lu and Yang 21-13, 21-19 in the final that lasted 48 minutes.
- Satwik and Chirag, who were the runners-up in the 2019 edition, continued their dream run this year, having won the Indian Open super 500, Commonwealth Games gold, Thomas Cup and World Championships bronze.
Bangladesh PM Sheikh Hasina confers ‘Friends of Liberation War’ honour on Edward M Kennedy
Bangladesh Prime Minister Sheikh Hasina conferred the prestigious ‘Friends of Liberation War’ honour on former US Senator Edward M Kennedy posthumously in Dhaka for his contribution to the liberation of Bangladesh. The honour was handed over to his son Edward M Ted Kennedy Junior.
- Prime Minister Sheikh Hasina recalled the great contribution of Edward Kennedy Senior with gratitude. She said that Kennedy Senior took a bold stand against the genocide committed by Pakistan on innocent Bengali people despite the US government role during the 1971 liberation war.
UP’s Ranipur Tiger Reserve becomes 53rd Tiger Reserve of India
Uttar Pradesh’s Ranipur Tiger Reserve has become the 53rd tiger reserve of India. The tiger reserve is spread across over 529.36 sq km, of which the core area is 230.32 sq km and buffer area is 299.05 sq km. Union Minister for Environment, Forest and Climate Change Bhupender Yadav confirmed the development in a tweet.
- Besides this, it is also the fourth tiger reserve in Uttar Pradesh. Apart from Ranipur, the state has three tiger reserves– Dudhwa, Pilibhit and Amangarh. Amangarh is a buffer zone of the Jim Corbett National Park and is located in Uttar Pradesh’s Bijnor. While Dudhwa Tiger Reserve is located in Lakhimpur, Pilibhit Tiger Reserve is in Pilibhit.
- The Ranipur Tiger reserve in the Bundelkhand region of UP is just 150 km from the Panna Tiger Reserve in Madhya Pradesh and is home to tigers, leopards, sloth bears, sambar, spotter deer, chinkara and several birds are reptiles.
‘Steel Man Of India’ Jamshed Irani passes away At 86
Jamshed J Irani, popularly known as the steel man of India, died in Jamshedpur, at the age of 86.Irani had served the company for over four decades before retiring from the board of Tata Steel in June 2011.
- He joined the British Iron and Steel Research Association in Sheffield in 1963, as a fresher. He later joined Tata Steel in 1968 as Assistant to the Director in charge of Research and Development.
- He joined the Board of Tata Steel in 1981 and was also a Non-Executive Director from 2001 for a decade. Besides Tata Steel and Tata Sons, Dr Irani also served as a Director of several Tata Group companies, including Tata Motors and Tata Teleservices.