Today’s Current Affairs MCQs/ GK Quiz 4th November 2023

These current affairs today are a part of our daily current affairs. We cover a wide range of topics from state, national, and international news that are relevant and important for competitive exams. Our team prepares today’s current affairs after going through many newspapers, such as The Hindu, Indian Express, PIB, PRS, etc.

Scroll down for current affairs for 4th November 2023.

PM Modi Elected Chairman of Shree Somnath Trust for Five-Year Term

• In a groundbreaking move, Prime Minister Narendra Modi has been chosen as the chairman of the Shree Somnath Trust (SST) for a five-year period, marking a significant shift from the traditional one-year term for the trust’s chairman. 
• The decision, sanctioned by the charity commissioner of Gujarat, highlights the significance of sustained leadership in managing the iconic Somnath temple near Veraval. 
• This is the first instance in the trust’s 74-year history when a chairman has been elected for a five-year term.

Finance Minister Nirmala Sitharaman Opens SBI Branch in Sri Lanka

• During her visit to Sri Lanka, Finance Minister Nirmala Sitharaman inaugurated a new branch of the State Bank of India (SBI) in Trincomalee. 
• She also engaged in vital discussions with her Sri Lankan counterparts as part of the 12th round of the Economic and Technology Cooperation Agreement (ETCA). 
• This visit and the opening of the SBI branch underscore the commitment of both nations to strengthen economic ties and cooperation, emphasizing the importance of regional collaboration for mutual growth.

Indian Diplomat Re-elected to UN Advisory Committee on Administrative and Budgetary Questions (national)

• Senior Indian diplomat, Surendra Adhana, has been re-elected to serve on the Advisory Committee on Administrative and Budgetary Questions (ACABQ) at the United Nations for the term 2024-26.
•  This re-election highlights his expertise and the confidence placed in him by the international community. 
• Counsellor Surendra Adhana, representing India’s Permanent Mission to the United Nations, has been re-elected to the ACABQ by acclamation, reflecting his standing as a seasoned diplomat with demonstrated capabilities in addressing complex budgetary and administrative matters at the United Nations.

World Tsunami Awareness Day 2023 Marked on November 5th (important days)

• Every November 5th, the global community comes together to observe World Tsunami Awareness Day, emphasizing the importance of tsunami knowledge and awareness. 
• The theme for World Tsunami Awareness Day in 2023 is “Fighting Inequality for a Resilient Future,” focusing on reducing inequality during the International Day for Disaster Reduction.

International Day for Biosphere Reserve 2023 Celebrated on November 3rd (important days)

• On November 3, the world celebrates the International Day for Biosphere Reserves, a day established by UNESCO during its 41st General Conference in 2022. 
• This occasion provides an opportunity to understand and appreciate Biosphere Reserves (BR) and their significance in preserving the delicate balance between nature and culture. 
• The UN General Assembly designated November 5 as World Tsunami Awareness Day in 2015, with the goal of raising tsunami awareness and sharing innovative approaches for risk reduction.

NHPC organizes events for Vigilance Awareness Week (national)

• NHPC recently organized a series of events as part of Vigilance Awareness Week 2023 at their Faridabad Corporate Office in collaboration with Murari Lal Senior Secondary School. 
• The day commenced with a symbolic Human Chain formed by students from the school, underscoring the significance of vigilance. 
• This was succeeded by an engaging ‘Nukkad Natak’ street play on vigilance awareness, performed by the school students at the NHPC office. Concurrently, a Walkathon for NHPC employees was initiated by Shri Uttam Lal, Director (Personnel), and Shri Santosh Kumar, Chief Vigilance Officer, promoting a sense of togetherness and purpose among the participants.

RBI imposes penalty on four companies (banking)

• The Reserve Bank of India (RBI) recently imposed fines on four companies – Punjab National Bank, Federal Bank, Kosamattam Finance, and Mercedes-Benz Financial Services India – for not following the rules. 
• Punjab National Bank has to pay Rs 72 lakh, Federal Bank was fined Rs 30 lakh, Kosamattam Finance received a penalty of Rs 13.38 lakh, and Mercedes-Benz Financial Services India was fined Rs 10 lakh.
• Punjab National Bank was penalized for various wrongdoings, like charging customers for SMS services with wrong phone numbers, not following declared interest rates, and not specifying interest rate reset dates. 
• Federal Bank’s violation involved issuing demand drafts above Rs 50,000 without indicating the buyer’s name. Kosamattam Finance didn’t maintain a 75 percent Loan-to-Value ratio in certain loan accounts during the fiscal year 2021-22. As for Mercedes-Benz Financial Services India, the specific reasons for their fine were not disclosed.

1. Who has been elected as the chairman of the Shree Somnath Trust (SST) for a five-year term?

1. Narendra Modi
2. Nirmala Sitharaman
3. Surendra Adhana
4. Uttam Lal

2. Where did Finance Minister Nirmala Sitharaman inaugurate a new branch of the State Bank of India (SBI)?

1. New Delhi
2. Mumbai
3. Trincomalee
4. Colombo

3. Who was re-elected to serve on the Advisory Committee on Administrative and Budgetary Questions (ACABQ) at the United Nations?

1. Narendra Modi
2. Nirmala Sitharaman
3. Surendra Adhana
4. Uttam Lal

4. What is the theme for World Tsunami Awareness Day in 2023?

1. Disaster Prevention Strategies
2. Climate Change Resilience
3. Fighting Inequality for a Resilient Future
4. Global Humanitarian Aid

5. Which day is observed as the International Day for Biosphere Reserves?

1. 1-Nov
2. 2-Nov
3. 3-Nov
4. 4-Nov

6. What organization recently organized a series of events for Vigilance Awareness Week 2023?

1. United Nations
2. NHPC
3. SBI
4. RBI

7. How many companies faced monetary penalties imposed by the Reserve Bank of India (RBI)?

1. Two
2. Three
3. Four
4. Five

8. What is the fine imposed on Punjab National Bank by RBI?

1. Rs 30 lakh
2. Rs 13.38 lakh
3. Rs 10 lakh
4. Rs 72 lakh

9. What is the theme for World Tsunami Awareness Day in 2023?

1. Disaster Prevention Strategies
2. Climate Change Resilience
3. Fighting Inequality for a Resilient Future
4. Global Humanitarian Aid

10. What organization celebrated the International Day for Biosphere Reserves on November 3?

1. United Nations
2. NHPC
3. UNESCO
4. RBI