Daily Current Affairs February 24

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 24. 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 24| Daily Current Affairs 2023

Important Days – Daily Current Affairs February 24

1. Central Excise Day observed on__________?
A) 22 February
B) 23 February
C) 24 February
D) 21 February
E) None of these
Answer: C) 24 February

• DAY : Central Excise Day
• DATE : 24 February
• OTHERS : Central Excise Day is observed in India on 24 February every year to encourage the employees of the excise department to carry out the central excise duty in a better way to prevent corruption in the manufacturing business and to carry out the best possible exercise services in India.

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Sports – Daily Current Affairs February 24

2. Who will inaugurate 3-day All-India Taekwondo Championship?
A) Raj Nath Singh
B) Amit Shah
C) Anurag Thakur
D) Arjun Munda
E) None of these
Answer: C) Anurag Thakur

• Union Minister of Youth Affairs and Sports Anurag Thakur to inaugurate the 3-day All-India Taekwondo Championship.
• The Championship has been organized to mark 50 years of Korea-India diplomatic relations.
• President of Korea National Sports University Yong-gyu Ahn will be Chief Guest at the KD Jadhav Indoor Wrestling Hall in Indira Gandhi Stadium.
• Korean Cultural Centre India is co-hosting the All India Inter SAI Taekwondo Championship with the Sports Authority of India under the Ministry of Youth Affairs and Sports of India and Korea National Sports University in celebration of the 50th anniversary of Korea-India diplomatic relations in 2023.

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Ranking – Daily Current Affairs February 24

3. Who ranked No.1 Independent Power Producers and Energy Traders Globally?
A) NTPC
B) BPCL
C) OBGC
D) CPCL
E) None of these
Answer: A) NTPC

• NTPC Limited, the country’s largest power generating company has been ranked No.1 Independent Power Producers and Energy Traders Globally in the S&P Global Commodity Insights Top 250 Global Energy Company Rankings®-2022.
• These rankings are based on four key metrics- asset worth, revenues, profits and return on investment.
• NTPC is not just India’s largest power producer; it is one of the key pillars sustaining India’s economic growth and development.
• With a share of 17% of the installed capacity, NTPC currently contributes 24% of the total electricity produced in India.

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Banking and Finance – Daily Current Affairs February 24

4. Which bank raised USD 750 million in dollar bond sale?
A) ICICI Bank
B) HDFC Bank
C) DBS Bank
D) Karnataka Bank
E) None of these
Answer: B) HDFC Bank

• The countrys largest private sector lender HDFC Bank on announced that it has raised USD 750 million through a dollar bond sale.
• The bank said it will be paying a coupon of 5.686 per cent for the three year bonds, according to an exchange filing.
• The paper, rated Baa3 by Moodys Rating Services and Bbb by SP, will be listed on the India International Exchange.

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5. Which bank and Paisalo Digital ink co-lending pact?
A) ICICI Bank
B) HDFC Bank
C) DBS Bank
D) Karnataka Bank
E) None of these
Answer: D) Karnataka Bank

• Karnataka Bank and Paisalo Digital Ltd, a non-deposit-taking NBFC registered with the Reserve Bank of India, have entered into a co-lending arrangement to provide financial support to the small income segment and to give impetus to the micro and small enterprise segment of the country.
• A media statement by the bank said that the arrangement will leverage Karnataka Bank’s low cost of funds.

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6. Which Mutual Fund set to launch India’s first international debt fund?
A) IDFC Mutual Fund
B) SBI Funds Management Limited
C) ITI Asset Management Limited
D) Navi AMC Limited
E) None of these
Answer: A) IDFC Mutual Fund

• IDFC Mutual Fund (MF)—a fund house known for its debt funds—is all set to launch the IDFC US Treasury Bond 0-1 Year FOF (fund of funds), the industry’s first international debt fund.
• This opens the doors for Indian retail investors to gain access to the ultra-safe and currently high-yield US treasury securities, and also hedge their exposure to the dollar in a convenient way.
• It gives investors an opportunity to diversify beyond India, and into US treasurys which are seen as a safe-haven asset in times of economic uncertainty.
• The FOF will be investing in JPMorgan BetaBuilders US Treasury Bond 0-1 year UCITS ETF, an exchange traded fund with exposure to 0-1-year US treasurys.
• The FOF will have 100% exposure to US treasury except for some cash holdings for liquidity needs.

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7. Who launched ‘UPI One World’ for Foreigners at G20 with Transcorp @trans?
A) RBI
B) NPCI
C) UPI
D) Only A & B
E) Only A & C
Answer: D) Only A & B

• RBI’s Deputy Governor (Shri Rabi Sankar), Chief General Manager (Shri P. Vasudevan), Shri Nandan Nilekani and NPCI’s MD & CEO (Shri Dilip Asbe) have launched ‘UPI One World’ for foreign nationals visiting India.
• The launch was conducted at the JW Marriott, Prestige Golfshire Resort in Bengaluru which is hosting the first G20 Finance Ministers and Central Bank Governors (FMCBG) meeting under the G20 Indian Presidency.
• Transcorp is one of four entities permitted by RBI and NPCI to issue UPI One World to foreign nationals; and the only entity with both Foreign Exchange (AD2) and Payments (PPI) licenses required to exchange currency and thereafter issue UPI One World wallets.
• Mr. Gerardo Zuniga (Director of International Affairs, Bank of Mexico) was issued a UPI One World wallet and successfully transacted using Transcorp’s ‘@trans’ handle.

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Business and Economy – Daily Current Affairs February 24

8. Which Indices launched Nifty India Municipal Bond Index?
A) NSE
B) BSE
C) Calcutta Stock Exchange
D) All of these
E) None of these
Answer: A) NSE

• NSE Indices Ltd, an NSE arm, said it has launched the country’s first ever municipal bond index.
• The new Nifty India Municipal Bond Index will track the performance of municipal bonds issued by Indian municipal corporations across maturities and having investment grade credit rating, NSE Indices said.
• The index was launched at a Securities and Exchange Board of India (Sebi) workshop on Municipal Debt Securities in Bengaluru.

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Acquisitions and Mergers – Daily Current Affairs February 24

9. Who will join ONDC with its logistics and Smart Commerce offerings?
A) Byjus
B) Amazon
C) Flikart
D) Vedantu
E) None of these
Answer: B) Amazon

• Amazon is planning to integrate its logistics network (from pickup to delivery) and SmartCommerce services with the Open Network for Digital Commerce (ONDC), a private non-profit company established by the Centre’s Department for Promotion of Industry and Internal Trade (DPIIT).
• SmartCommerce is an AWS-powered suite of SaaS products that enables MSMEs to build and scale their businesses across digital mediums.
• This will be Amazon’s initial collaboration with ONDC as it continue to explore other potential opportunities for integration.

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Appointments – Daily Current Affairs February 24

10. Who nominated Indian-American Ajay Banga for World Bank president?
A) Joe Biden
B) Narendra Modi
C) Vladimir Putin
D) Xi Jinping
E) None of these
Answer: A) Joe Biden

• President Joe Biden announced that the US is nominating Ajay Banga to lead the World Bank, saying the Indian-American business leader is uniquely equipped to lead the global institution at ”this critical moment in history.”
• If confirmed by the World Bank Board of Directors, Banga would be the first-ever Indian-American and Sikh-American to head either of the two top international financial institutions: International Monetary Fund and the World Bank.

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11. Who selected as external auditor of International Labour Organisation?
A) CAG
B) NIA
C) DCGA
D) All of these
E) None of these
Answer: A) CAG

• Comptroller and Auditor General of India (CAG) has been selected as external auditor of the International Labour Organization (ILO), Geneva for a four-year term from 2024 to 2027, the apex auditor said in a statement.
• Girish Chandra Murmu is the CAG.
• CAG will take over from the incumbent external auditor of ILO, Supreme Audit Institution of Philippines.

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Awards – Daily Current Affairs February 24

12. Who bagged ‘Entrepreneur of the Year 2022’ title?
A) Sajjan Jindal
B) Harilal Jekisundas
C) Sudhi Ranjan Das
D) A.K. Sarkar
E) None of these
Answer: A) Sajjan Jindal

• Chairman and managing director of JSW Group Sajjan Jindal won the EY Entrepreneur of the Year Award 2022.
• Jindal will now represent India at the EY World Entrepreneur of the Year Award (WEOY) to be held at Monte Carlo in June 2023.
• The 7-member jury led by K V Kamath, former chairman of ICICI Bank, selected Sajjan Jindal as the EOY 2022 winner for his exceptional entrepreneurial journey in scaling the global conglomerate with presence in steel, cement, infrastructure, energy, and paints to revenues of$22 billion, globally employing over 40,000 people.

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Defence – Daily Current Affairs February 24

13. Which edition of Annual Defence Dialogue between India and Sri Lanka held?
A) 6th
B) 7th
C) 8th
D) 9th
E) None of these
Answer: B) 7th

• 7th Annual Defence Dialogue between India and Sri Lanka was held in New Delhi on February 23, 2023.
• It was co-chaired by Defence Secretary Shri Giridhar Aramane and his Sri Lankan counterpart General Kamal Gunaratne.
• During the meeting, the ongoing defence cooperation activities between the two countries were reviewed, with both sides agreeing to increase the complexity of bilateral exercises.
• In the context of training, both sides reaffirmed their commitment to avail maximum benefits from each other’s experience and capacities.

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National Affairs – Daily Current Affairs February 24

14. Dr. Bharati Pravin Pawar unveiled One India FETP Roadmap document and CD Alert on which Virus?
A) HIV
B) Ebola
C) COVID 19
D) All of these
E) None of these
Answer: B) Ebola

• President Droupadi Murmu will inaugurate the seventh International Dharma-Dhamma Conference in Bhopal on March 3, in which delegates from 16 countries will take part.
• Culture ministers of six countries will also participate in the three-day conference.
• Madhya Pradesh Chief Minister Shivraj Singh Chouhan took stock of the preparations for the conference with senior officials during a meeting held at the city airport, they said.
• This conference will be held at Kushabhau Thakre hall in the state capital from March 3-5.

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15. Which edition of Semicon India Future Design roadshow in Bengaluru on Feb 24?
A) 1st
B) 2nd
C) 3rd
D) 4th
E) None of these
Answer: B) 2nd

• Union Minister of State for Skill Development and Entrepreneurship Rajeev Chandrasekhar to launch the second Semicon India Future Design roadshow in Bengaluru.
• The road show is being held to encourage startups, next generation innovators and global and Indian Semiconductor majors to invest in the semiconductor design ecosystem of India.
• The minister has said that India will design and co-design NextGen devices and electronics products through the Semicon India future Design program.

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Over All Review

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