Daily Current Affairs 4th October, 2023

Daily Current Affairs 4 October for Banking/Insurance/SSC and other related exams.

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SAMPRITI 11: Indian Army and Bangladesh Army commence joint exercise 
India and Bangladesh commenced the 11th edition of annual joint military exercise, SAMPRITI 2023 in Umroi, Meghalaya.

  • The exercise underscores the importance of enhancing interoperability between the two armies, sharing tactical drills, and promoting best practices.
  • SAMPRITI-XI, scheduled for 14 days, will engage approximately 350 personnel from both sides. Centered on the conduct of Sub-Conventional Operations as per Chapter VII of the UN mandate, SAMPRITI-XI will include a Command Post Exercise (CPX) and a Field Training Exercise (FTX), culminating in a Validation Exercise.

IAF to stop flying MiG-21 by 2025, aircraft to take part in last IAF Day parade in 2023
Amid the efforts to replace its ageing Russian-origin aircraft, the Indian Air Force (IAF) is all set to replace all MiG-21 squadrons with the LCA Mark 1A by 2025, said Air Chief Marshal VR Chaudhary.

  • The MiG-21 was introduced into the IAF in 1963.Currently, only three operational MiG-21 squadrons exist within the IAF. All of them are scheduled to be phased out by early 2025.

J&K Lt Governor flags off CRPF Women Bike Expedition ‘Yashasvini’ from Srinagar
The Jammu & Kashmir lieutenant governor, Manoj Sinha, flagged off the CRPF Women Bike Expedition, named “Yashasvini”, from the iconic Lal Chowk at Srinagar.

  • The expedition will traverse more than 2,134km, crossing 40 districts to reach Gujarat’s Ekta Nagar, on October 31, on the birth anniversary of Sardar Vallabhbhai Patel.
  • “Yashasvini” is a symbol of resilience and strength of Nari Shakti (women power). It also represents their sacrifice and self-confidence, and, today, they are achieving many milestones in different fields with grit, determination, and dedication.

PM Modi  inaugurates ‘tourist facilities  at  Nathdwara  as part of Krishna circuit of  Swadesh Darshan  scheme
Amongst a series of other key projects in Rajasthan, the newly developed tourist facilities at Nathdwara, funded by the Ministry of Tourism under the Swadesh Darshan scheme’s Krishna circuit was inaugurated by Prime Minister Narendra Modi.

  • The centerpiece of this development is the Interpretation Centre, aimed at providing insights into the life of Shrinathji (Lord Krishna) and Shri Vallabhacharyaji, the revered devotee and founder of Pushtimarg.
  • At this state-of-the-art centre, visitors will be given glimpses into aspects of Shrinathji’s existence, from his journey from Goverdhan to Nathdwara to his worship, appearances, festivals, and related customs, all presented through high-quality graphics and visual media.

PM SVANidhi scheme achieves momentous milestone of covering over 50 lakh street vendors, says Ministry of Housing & Urban Affairs
The Prime Minister Street Vendor’s AtmaNirbhar Nidhi, PM SVANidhi, scheme has achieved a momentous milestone by extending its support to more than 50 lakh street vendors across the nation.

  • Street vendors have long played an integral role in the urban informal economy, providing essential goods and services to urban residents.
  • An initiative under the aegis of the Ministry of Housing and Urban Affairs, the scheme has been instrumental in bringing them into the formal economic fold, presenting fresh avenues for upward mobility.


Coca-Cola rolls out 100% recycled PET bottles for small packs 
Beverage company Coca-Cola India announced the launch of fully recycled PET bottles for its flagship Coca-Cola brand in pack sizes of 250 ml and 750 ml across several markets in the country.

  • These recycled bottles are made from food-grade recycled polyethylene terephthalate (PET). The plastic is recycled as per the technologies approved by the US FDA and European Food Safety Authority (EFSA) for food-grade recycled material and repurposed into new PET bottles, reducing the need for virgin plastic for producing PET Bottles, Coca Cola said .
  • These recycled bottles are being manufactured by Coca-Cola bottling partners – Moon Beverages Ltd., and SLMG Beverages Ltd.

India’s services sector in September sees strongest output in 13 years, PMI data shows
The services sector growth strengthened in September with the Purchasing Managers’ Index (PMI) tally rising from 60.1 in August to 61.0 in September, signalling one of the strongest upturn in aggregate new business in over 13 years,  the survey by credit rating agency S&P Global showed.

  • The latest data showed a substantial increase in new business placed with Indian service providers, one that was the second-fastest since June 2010. Anecdotal evidence indicated that market dynamics remained favourable, supporting demand. Advertising was also cited as a key factor boosting sales.


ICC names Sachin Tendulkar as Global Ambassador for ODI World Cup 2023
The ICC named legendary Sachin Tendulkar as the ‘Global Ambassador’ for the men’s Cricket World Cup 2023 beginning in Ahmedabad.

  • Tendulkar, who has an enviable record of featuring in six 50 over World Cups in his decorated career, will walk out with the World Cup trophy before the opening match between England and New Zealand, declaring the tournament open.

MyGov CEO Akash Tripathi assigned additional charge of India Semiconductor Mission
Extending key responsibilities for MyGov Chief Executive Akash Tripathi, the Union ministry of electronics and information technology assigned additional responsibilities to him as CEO of the India Semiconductor Mission (ISM).

  • According to reports, Tripathi is likely to assume the new charge in addition to his current role from October 9. This announcement is seen as part of the government’s continued efforts to bolster the semiconductor industry in India. The tenure of current CEO Amitesh Kumar Sinha, will end on October 4.


A burst glacial lake caused Sikkim flood
A day after the devastating flash flood in Sikkim, satellite images confirmed that the deluge was triggered or exacerbated by a glacial lake outburst flood or GLOF. This comes after decades of warnings from government agencies and research studies that such events could cause significant damage to life and property.

  • GLOFs occur when lakes formed by melting glaciers suddenly burst open. They have been a threat to Himalayan regions for a long time, especially since global heating causes glaciers to retreat increasingly, melting ice. This has worsened in recent times.

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