DAILY GK 1-2 NOV 2025
1.
BANKING LAWS (AMENDMENT) ACT 2025
·
The
Ministry of Finance (MoF) has announced new guidelines
under the Banking Laws (Amendment) Act, 2025, which would provide depositors more flexibility
and control over nominations for bank deposit accounts, lockers, and assets
held in safe custody.
·
The provisions under Sections
10, 11, 12, and 13 of the Banking Laws (Amendment) Act, 2025 are
set to come into effect from 1st November 2025.
·
Customers
may nominate up to four
persons, either simultaneously or successively.
·
Depositors may opt for either
simultaneous or successive nominations, as per their preference.
·
Nomination for Articles in Safe Custody and Safety
Lockers: For
such facilities, only successive nominations are permitted.
·
Simultaneous Nomination: Depositors may nominate up to four persons and specify the share or percentage of
entitlement for each nominee, ensuring that the total equals 100 percent
and enabling transparent distribution among all the nominees.
·
Successive Nomination: Individuals maintaining deposits, articles in safe custody, or lockers may specify
up to four nominees, where the next nominee becomes operative only upon the
death of the nominee placed higher, ensuring continuity in settlement and
clarity of succession.
2. U.S.A,
SINGAPORE ACCOUNTED FOR ONE-THIRD OF FDI DURING FY25
·
The Reserve Bank of India (RBI) released the
provisional result of the 2024-25
round of the annual census on foreign
liabilities and Assets (FLA).
·
As per the census, the United States of America (USA) and Singapore accounted for over
one-third of the Foreign Direct
Investment (FDI) in India during 2024-25.
·
The other top sources included Mauritius, the United Kingdom (UK) and Netherlands.
·
In case of ODI
also, Singapore, the United States and the United Kingdom were the top
destinations.
·
Of the total FDI during 2024-25 was Rs 68,75,931
crore, the share of the US was 20 per
cent, followed by Singapore (14.3 per cent), Mauritius (13.3 per cent), the
UK (11.2 per cent) and the Netherlands (9 per cent).
·
In case of outward
direct investment (Rs 11,66,790 crore), the share of Singapore was 22.2 per cent, followed by the US (15.4 per cent),
the UK (12.8 per cent).
3.
‘WORLD’S BEST CONSUMER BANK 2025’ AND ‘BEST BANK IN INDIA
2025
·
The
State Bank of India (SBI) has been awarded the “World’s
Best Consumer Bank 2025” and “Best Bank in India
2025” by Global Finance, a
leading New York (NY) based publication.
·
With
a customer base exceeding 520 million
(mn), the SBI constitutes one of the largest consumer networks globally.
·
The bank onboards approximately 65,000 new customers each day, a significant
proportion of whom originate from rural and semi-urban regions.
·
YONO: The YONO (You Only Need One) app was launched in 2017 as
part of SBI’s mission to integrate banking, lifestyle, and e-commerce services
on one digital platform.
·
As a ‘Digital
First, Consumer First’ bank, our flagship mobile application serves over
100 million customers, with 10 million daily active users.”
·
The SBI traces its origins to the
merger of three presidency banks—Bank of Bengal, Bank
of Bombay, and Bank of Madraswhich were amalgamated in 1921 to form the Imperial Bank of India.
·
The
Imperial Bank was later nationalised in
1955, giving rise to the SBI.
·
Chairman: Shri Challa Sreenivasulu Setty.
·
Headquarters – Mumbai.
·
Establishment: 1st July 1955.
·
Tagline: Pure Banking, Nothing Else.
4. WORLD
POLIO DAY 2025 – OCTOBER 24
·
World Polio Day is observed on October
24 annually across the world to highlights global efforts to eradicate poliomyelitis (polio), a
highly infectious disease caused by the
poliovirus, which primarily affects children under five and attacks the nervous system.
·
2025 Theme: “End Polio: Every Child,
Every Vaccine, everywhere”
·
World Polio Day was established by Rotary
International (RI) to commemorate the birth
anniversary of Jonas Salk, an American virologist who developed the first
successful polio vaccines.
·
Oral Polio Vaccine(OPV): It was
invented in 1962 by Albert Sabin.
·
Inactivated Polio Vaccine(IPV): It was
invented in 1955 and is an injectable vaccine and can be either administered
alone or along with other vaccines.
·
India was declared Polio free on
27th March 2014 by the WHO.
5.
INFANTRY DAY 2025 – OCTOBER 27
·
The
India Army’s (IA) Infantry Day is annually observed
across India on October 27 to commemorate the
contributions of Infantry in maintaining the sovereignty and security of the
nation.
·
On
October 27, 1947, the 1st Battalion
of the Sikh Regiment led byLieutenant
(Lt) Colonel (Col) Dewan Ranjit Rai landed at
Srinagar Airpor following Maharaja Hari
Singh’s request for aid against Pakistani tribal invaders.
·
The
infantry arm is the oldest and largest
combat arm of the Indian Army; its role and traditions trace back to the
British Indian Army and pre-independence time.
·
The Infantry, often celebrated as the “Queen
of the Battle”
6.
WORLD SIGHT DAY 2025 – OCTOBER 9
·
World
Sight Day (WSD), also known as World Eye Day or
World Vision Day, is observed annually on the Second Thursday of
October across the globe to focus global attention on blindness,
visual impairment, and the importance of eye health.
·
2025 Theme: “Love Your Eyes”.
7.
WORLD STROKE DAY 2025 – OCTOBER 29
·
World
Stroke Day (WSD) is observed annually across the globe on 29
October to raise awareness about stroke prevention, early
recognition, and rehabilitation.
·
2025 Theme: “Every Minute Counts”.
·
Types: There are 2 main types of stroke, ischemic and
haemorrhagic.
·
Ischemic: Blood clot blocks
brain flow (≈85% of cases).
·
Hemorrhagic: Brain bleeding from
a ruptured vessel.
·
World Stroke Organisation (WSO) Headquarters– Geneva, Switzerland.
8.
VIGILANCE AWARENESS WEEK 2025 – OCTOBER 27 – NOVEMBER 2
·
Vigilance
Awareness Week (VAW), led by the Central Vigilance Commission
(CVC), is commemorated annually throughout India during the
week coinciding with the birth
anniversary of Sardar Vallabhbhai Patel (on 31st October), to promote
integrity, transparency, and vigilance against corruption.
·
2025 Theme: “Vigilance: Our Shared Responsibility”.
·
Central Vigilance Commission (CVC) The CVC, established in 1964 on
the recommendations of the Santhanam Committee, is
an independent apex body that promotes integrity, transparency, and
accountability in public administration.
·
It functions autonomously and reports only to Parliament, not to any
Ministry or Department.
·
Central Vigilance Commissioner – Praveen Kumar Srivastava.
·
Headquarters – New Delhi.
9.
NATIONAL UNITY DAY (RASHTRIYA EKTA DIWAS) 2025 – OCTOBER
31
·
National
Unity Day or Rashtriya Ekta Diwas is observed on 31 October to commemorate the birth anniversary of Sardar Vallabhbhai Patel, the “Iron Man of
India.”
·
31 October 2025 marks the 150th birth
anniversary of SardarVallabhbhai Patel.
10.
WORLD CITIES DAY 2025 – OCTOBER 31
·
The
United Nations’ World Cities Day (WCD), observed annually
across the globe on October 31 to raise awareness
about urbanization, foster international cooperation, and promote sustainable
urban development.
·
2025 Theme: “People-Centred Smart Cities”General Theme: “Better
City, Better Life”, which remains constant for every year.
·
The
Global Observance of WCD 2025 is being held in, Bogota, Colombia.
