Daily Current Affairs Highlights and Quiz | 5 October 2023
Daily Current Affairs Highlights and Quiz | 5 October 2023

Daily Current Affairs Highlights and Quiz | 5 October 2023

Staying updated with current affairs is crucial, especially for those preparing for competitive exams or simply wanting to remain informed. This blog post aims to provide you with a comprehensive roundup of the most important news headlines from October 5, 2023. Let's dive into the details.

International News

Eurozone Economy Faces Contraction

  • The Eurozone economy is likely to contract in Q3 due to a significant decline in demand.
  • The Composite Purchasing Managers’ Index (PMI) inched up to 47.2 in September but remained below the critical 50-mark.
  • Economists predict that the Eurozone could enter a recession in the latter half of 2023.

State News

Glacial Lake Burst in Sikkim

  • Flash floods in Sikkim have claimed at least seven lives and left many injured or missing.
  • The floods were triggered by the overflow of the South Lhonak lake.
  • The Chungthang dam, part of Sikkim’s largest hydroelectric project, was destroyed.

Economy News

Surge in India's Diesel Exports to Europe

  • India's diesel exports to Europe reached approximately 333,000 barrels per day in September 2023.
  • This marks a substantial increase of nearly 47% from August.
  • The surge is attributed to constrained supplies from the Middle East and robust demand in Europe.

Business News

Coca-Cola India's Sustainability Initiative

  • Coca-Cola India has launched fully recycled PET bottles for its flagship brand.
  • The bottles are available in 250 ml and 750 ml sizes.
  • This is part of Coca-Cola’s global commitment to reducing its environmental footprint.

Important Days

World Teachers' Day 2023

  • Celebrated annually on October 5th to honor the contributions of teachers.
  • The theme for 2023 is "The Teachers We Need for the Education We Want: The Global Imperative to Reverse the Teacher Shortage."

Ranks and Reports

Global Infrastructure Losses Due to Climate Change

  • The Coalition for Disaster Resilient Infrastructure (CDRI) reports staggering annual losses in global infrastructure.
  • The global annual average loss stands between USD 301 and USD 330 billion.


RBI's New Executive Director

  • Muneesh Kapur has been appointed as the Executive Director of the Reserve Bank of India.
  • He will oversee the operations of the Department of Economic and Policy Research.

Sports News

Asian Games 2023 Highlights

  • Indian Team wins gold in Men’s 4x400m Relay.
  • Neeraj Chopra wins gold in Javelin Throw, marking his second consecutive win at the Asian Games.


Read this far? Now take the following quiz to test your knowledge

Current affairs quiz - 5 October 2023


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