Daily Current Affairs February 07

Dear Champions, as you all know that a lot of competitive exams have been notified consequently. Candidates have to prepare themselves according to the level of competition and expectation of the Recruitment board. Regarding that one of the most important topic is Daily Current Affairs February 07. Current Affairs in the form of contemporary events of national & international play a crucial role in almost every competitive exams like Banking, Insurance, SSC, UPSC, TNPSC, Railway etc.

Current affairs are the most dynamic yet scoring among all sections and need to be prepared from the right source. Here, we cafunsta team, providing  Daily GK Updates, Current Affairs Questions, and Monthly  current affairs pdf.

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February 07| Daily Current Affairs 2023

Sports – Daily Current Affairs February 07

1. Aaron Finch retired from international cricket. He belongs to which team?
A) Australia
B) Scotland
C) England
D) South Africa
E) None of these
Answer: A) Australia

• Australia’s most successful T20 International batter and captain Aaron Finch, who led the country to its maiden shortest format World Cup triumph in 2021, announced his retirement from international cricket.
• The 36-year-old will, however, continue to play for the Renegades in the Big Bash League and would consider domestic T20 opportunities in other countries.
• ”Our World Cup winning, longest serving men’s T20I captain has called time on a remarkable career. Thanks for everything @AaronFinch5,” Cricket Australia (CA) said on its official Twitter handle.

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Banking and Finance – Daily Current Affairs February 07

2. IoTechWorld inkd pact with _________ for providing loans to its drone customers?
A) RBI
B) SBI
C) SEBI
D) IRDAI
E) None of these
Answer: B) SBI

• Drone manufacturer IoTechWorld Avigation said it has signed pact with State Bank of India (SBI) to provide concessional loans to farmers for purchasing its agri drones under a central government scheme.
• An agreement was signed on February 1 between IoTechWorld Avigation Pvt. Ltd and State Bank of India, a company statement said.
• SBI will offer collateral-free loans to customers of IoTechWorld Avigation at competitive rates and also provide an interest subvention of 3 per cent on the loans as mandated under the Agriculture Infrastructure Fund (AIF), Deepak Bhardwaj, Co-Founder of the Gurugram-based drone manufacturing company, said.
• ”Agri-drones are going to be a game changer for the Indian agriculture sector. The loan facility being extended by the SBI will be very helpful for farmers who were not able to purchase drones because of a lack of institutional financing facilities,”

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3. Indian-origin banking executive named Centre for which country and India Relations Chair?
A) Australia
B) Malaysia
C) Vietnam
D) Indonesia
E) None of these
Answer: A) Australia

• Aveteran Indian-origin senior banking executive, Swati Dave, was named the inaugural Chair of the Advisory Board to the Centre for Australia-India Relations, a national platform to strengthen the relationship between the two countries.
• Australian Foreign Affairs Minister Penny Wong, announcing Dave’s appointment, said that the Centre, to be launched this year, will promote a stronger business and cultural understanding between Australia and India.
• ”Dave brings valuable strategic, leadership and business experience to the role from her extensive senior executive and non-executive director roles across the public and private sectors,” Wong said in a press release.

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4. Which bank announced the launch of SIB Wealth – a wealth management platform?
A) South Indian Bank
B) Federal Bank
C) HDFC
D) ICICI
E) None of these
Answer: A) South Indian Bank

• South Indian Bank announces the launch of a wealth management platform in partnership with Geojit Financial Services Ltd.
• SIB Wealth is an exclusive value-added service that will help the bank’s high net worth (HNI) customers to invest their money in the best financial instruments available in the market. Under the platform, SIB will be offering the following products/services:
• Portfolio management services
• Alternative investment fund
• Systematic investment plan
• Mutual fund
• Bond
• Real estate funds
• Structured products South Indian Bank has tied up with Geojit Financial Services Ltd, an investment services company with experience of over 35 years in providing effective financial solutions, to operationalise the service offering.

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5. Who launched cross-border UPI payments service?
A) PhonePe
B) GooglePay
C) PayTm
D) All of these
E) None of these
Answer: A) PhonePe

• PhonePe said it has launched a service that will allow the fintech firm’s Indian users traveling abroad to pay foreign merchants using Unified Payments Interface (UPI).
• ‘UPI international’ supports merchant outlets in UAE, Singapore, Mauritius, Nepal and Bhutan that have a local QR (quick response) code.
• Users will be able to make direct payments in a foreign currency from their Indian bank, like they do with international debit cards.
• Walmart-backed PhonePe said it is the first Indian fintech app to launch the service.

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Acquisitions and Mergers – Daily Current Affairs February 07

6. Which ministry signed MoU with Digital Green to build national-level digital extension platform?
A) Sports
B) Defence
C) Agricultural
D) Home
E) None of these
Answer: C) Agricultural

• The Union Agriculture Ministry signed a Memorandum of Understanding (MoU) with a private social enterprise Digital Green under the PPP (Public-Private Partnership) framework to build a national-level digital extension platform.
• The platform will host a digital library of curated multi-format multi-lingual content, help extension workers access and deliver curated content to farmers on time and upskill the vast network of extension workers in agriculture, horticulture, fisheries, livestock and rural livelihood missions through certified online courses, the ministry said.

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Appointments – Daily Current Affairs February 07

7. Who took charge as Canara Bank MD and CEO?
A) M Subbarayudu
B) Manuela Roka Botey
C) Elisabeth Domitien
D) K Satyanarayana Raju
E) None of these
Answer: D) K Satyanarayana Raju

• The central government has appointed the executive director of Canara Bank K Satyanarayana Raju as the bank’s Managing Director and Chief Executive Officer, it said in a regulator filing to exchanges.
• He has taken charge effective today and will continue till his superannuation on December 31, 2025, or until further orders, whichever is earlier.
• He has rich experience in all banking segments, including branch banking, corporate credit, retail credit, MSME, agricultural financing, credit monitoring, recovery, inspection, compliance, audit, general administration, information technology and digital banking.

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Science and Technology – Daily Current Affairs February 07

8. Who unveild India’s first hydrogen combustion engine technology for heavy-duty trucks?
A) Reliance
B) Vodafone
C) Adani
D) TATA
E) None of these
Answer: A) Reliance

• Reliance Industries Limited (RIL) unveiled India’s first Hydrogen Internal Combustion Engine technology solution for heavy-duty trucks flagged off by Prime Minister Narendra Modi at the India Energy Week in Bengaluru.
• A RIL release said that the Hydrogen Internal Combustion Engine (H2ICE)-powered trucks will emit near zero emissions, deliver performance on par with conventional diesel trucks and reduce noise with projected reductions in operating costs thus redefining the future of Green Mobility.
• As part of its net carbon zero vision, Reliance with its vehicle partner Ashok Leyland and other technical partners have been engaged “in developing this unique technology since the last year with the first engines running in early 2022”.

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9. AI-powered robot introduced to save lives on ______ beaches
A) Chennai
B) Mumbai
C) Kerala
D) Goa
E) None of these
Answer: D) Goa

• Aurus, an Artificial Intelligence-based self-driving robot, and AI-based monitoring system Triton are being used to augment life-saving capabilities on Goa’s beaches, a state-appointed lifeguard services agency has said.
• The incorporation of AI-based support follows an increase in beach-related incidents due the rising number of domestic and foreign tourists on Goa’s coastline, said a spokesperson from Drishti Marine.
• There have been more than 1,000 rescue incidents in the past two years along the coastal belt which required assistance from the agency’s life savers.

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International Affairs – Daily Current Affairs February 07

10. Which country based Uniper signed pact with Greenko to source green ammonia from India?
A) Germany
B) Spain
C) Netherland
D) Scotland
E) None of these
Answer: A) Germany

• Germany-based Uniper has signed an agreement with Greenko ZeroC to source green ammonia from the latter’s Kakinada facility in Andhra Pradesh.
• ”Under the MoU, the two companies intend to negotiate pricing, supply and tenure structure for a supply and purchase agreement for 2,50,000 tonnes per annum of green ammonia (GASPA) based on the heads of terms,” parent Greenko Group said.
• Uniper and Greenko ZeroC signed the Memorandum of Understanding (MoU) and heads of terms during the ongoing India Energy Week in Bengaluru in presence of Petroleum Minister Hardeep Singh Puri, Greenko CEO Anil Chalmalasetty, Uniper CCO Niek den Hollander and other senior company officials, the statement said.

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National Affairs – Daily Current Affairs February 07

11. Which place became first civic body to launch green bonds to raise Rs 244 crore for 60-mw solar plant?
A) Chennai
B) Jodhpur
C) Indore
D) Hyderabad
E) None of these
Answer: C) Indore

• Indore Municipal Corporation, ranked top in cleanliness survey for six consecutive years, has become the countrys first civic body to launch green bonds, seeking to raise Rs 244 crore for a 60-mw solar plant at its water pumping station.
• The public issues of the green bonds will be open for subscription from February 10-14, Pushyamitra Bhargav, mayor of Indore, and Divyank Singh, chief executive of the Indore Smart City Development Commission.

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12. PM unveiled India’s biggest helicopter manufacturing facility in ___________?
A) Chennai
B) Jodhpur
C) Tumakuru
D) Hyderabad
E) None of these
Answer: C) Tumakuru

• Prime Minister Narendra Modi inaugurated the Hindustan Aeronautics Limited’s helicopter factory — the country’s largest chopper manufacturing facility — in Tumakuru district of Karnataka.
• Bengaluru-headquartered HAL plans to produce more than 1,000 helicopters in the range of 3-15 tonne with a total business of more than Rs 4 lakh crore over a period of 20 years at this facility in Gubbi taluk, officials said.
• The factory, spread across 615 acres for which the Prime Minister laid the foundation stone in 2016, would initially manufacture Light Utility Helicopters (LUH)).

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13. Senior citizens can invest extra how much in SCSS from April 1, 2023 ?
A) Rs 15 lakh
B) Rs 20 lakh
C) Rs 25 lakh
D) Rs 35 lakh
E) None of these
Answer: A) Rs 15 lakh

• While the government has hiked the investment limit under the Senior Citizen Saving Scheme (SCSS) by Rs 15 lakh to Rs 30 lakh, it is to be noted that the other scheme for retirees — Pradhan Mantri Vaya Vandana Yojana (PMVVY) — is set to close on March 31, 2023.
• PMVVY currently offers retirees the option of investing up to Rs 15 lakh to earn near-risk-free returns. However, till now there has been no announcement of it being extended.
• Therefore, as things stand today while senior citizens would be able to invest an extra Rs 15 lakh in SCSS from April 1, 2023, the other avenue of investing Rs 15 lakh in a similar scheme would close.
• In essence, unless PMVVY is extended, the overall investment in senior citizen-oriented schemes would remain the same as before, i.e., Rs 30 lakh post-March 31,2023.

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14. First G20 Tourism Working Group meet in Rann of Kutch from_______?
A) Feb 6th
B) Feb 7th
C) Feb 8th
D) Feb 9th
E) None of these
Answer: B) Feb 7th

• The first Tourism Working Group (TWG) meeting under G20 will commence from FEB 7th in the Rann of Kutch.
• More than 100 delegates, including Union Minister for Fisheries, Animal Husbandry and Dairying Parshottam Rupala, Union Minister of Tourism G. Kishan Reddy, Gujarat Chief Minister Bhupendra Patel, senior delegates from the G20 member countries, invitee countries and international organisations will attend the three-day meeting, which will conclude on February 9.
• “Celebrating India’s G20 Presidency, the ministry of tourism has planned various activities for the government stakeholders, travel, trade and hospitality sector,” a government release stated quoting Union Tourism Secretary Arvind Singh.

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15. Union Minister for Science & Technology, Dr Jitendra Singh inaugurated 2nd SCO Young Scientist Conclave in _________________?
A) Chennai
B) Jodhpur
C) Bengaluru
D) Hyderabad
E) None of these
Answer: C) Bengaluru

• Union Minister of State (Independent Charge) Science & Technology; Minister of State (Independent Charge) Earth Sciences; MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr Jitendra Singh said that the growth of SCO depends on its success in science, technology and innovation sectors and there is a need to transform this landscape.
• Dr Jitendra Singh, while delivering his inaugural address at the Second SCO Young Scientist Conclave in Bengaluru noted that India’s Prime Minister Shri Narendra Modi, at the 19th Meeting of Council of Heads of State of SCO, had coined an acronym HEALTH (‘H’ for Health-care cooperation, ‘E’ for Economic cooperation, ‘A’ for Alternate Energy, ‘L’ for Literature and Culture ‘T’ for Terrorism free society, ‘H’ for Humanitarian Cooperation).

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