Daily Current Affairs : 05.11.2025

National Affairs

1. Schools, banks & government offices holiday due to Guru Nanak Jayanti & Kartik Purnima

   • The entire country is observing a public holiday on 05 November 2025 as Guru Nanak Jayanti and Kartik Purnima coincide.

   • Many states have declared schools and banks closed.

   • Banks in several states will observe holiday under the schedule of Reserve Bank of India (RBI).

   • Exam aspirants must note this for schedule changes and refer to state-wise lists for closures.

2. State Bank of India (SBI) takes major step in India’s bullion import ecosystem

   • SBI executed its first gold trade as a Special Category Client (SCC) on the India International Bullion Exchange (IIBX) at GIFT City, Gujarat.

   • The move aligns with formalising gold imports, improving transparency and benefiting MSME jewellers.

   • This is significant for banking-awareness and economy-sections of competitive exams.

3. Conference in Arunachal Pradesh: Significance of Dalai Lama

   • In Tawang, Arunachal Pradesh, a conference is being organised on the life and teachings of the Dalai Lama, highlighting peace, compassion and global spirituality.

   • This event underscores India’s soft-power diplomacy and cultural outreach.

4. Biodiversity and Science Update: A new jumping‐spider species

   • A new species named Pilia malenadu has been discovered in Madhugundi, Mudigere taluk, Chikkamagaluru district, Karnataka (Western Ghats).

   • For the first time, both male and female of the genus Pilia have been documented.

   • Important for environment & biodiversity GK in exams.

International Affairs

1. Important day: World Tsunami Awareness Day – 5 November

   • Recognised globally to raise awareness about tsunami hazards, build resilience and promote early-warning systems.

   • Useful for international days section in exam prep.

Sports & Miscellaneous Affairs

1. Sports: End of the 2025 ICC Women’s Cricket World Cup

   • Tournament hosted by India and Sri Lanka concluded on 2 November 2025.

   • India defeated South Africa in the final to claim their maiden Women’s World Cup title.

   • Important for sports GK and general awareness.

Schemes, Reforms & Economy

1. Formalising bullion trade: RBI and IIBX context

   • With SBI’s entry, IIBX becomes a stronger node for gold and silver imports/trades under the IFSC model.

   • Aims include improved price discovery, reduced reliance on informal imports and bolstering GIFT City as a financial hub.

   • Aspirants must note: IIBX – India’s first bullion exchange under IFSC at GIFT City, Gujarat.

Exams & Preparation – Key Points

• Holiday notifications (schools, banks) affect logistics and schedule in many states – keep updated.

• Banking awareness: SBI’s role in bullion imports, IIBX’s functions, importance for MSME jewellers, and regulatory implications.

• Environment & Biodiversity: New species discovery (Pilia malenadu), biodiversity hotspot Western Ghats, significance for India.

• International days: World Tsunami Awareness Day on 5 Nov.

• Sports: Women’s Cricket World Cup win by India – notable sport achievement.

• Culture/Diplomacy: Conference in Tawang focusing on the Dalai Lama – indicates India’s cultural diplomacy.

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