Home Current Affairs Daily Current Affairs February 25&26: Check Here

Daily Current Affairs February 25&26: Check Here

Daily Current Affairs February 25&26

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 25&26. 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 25&26| Daily Current Affairs 2023

Sports – Daily Current Affairs February 25&26

1. Who won bronze in wrestling meet the Ibrahim Moustafa ranking-series?
A) Ankit Gulia
B) Harilal Jekisundas
C) Sudhi Ranjan Das
D) A.K. Sarkar
E) None of these
Answer: A) Ankit Gulia

  • Indian Greco Roman wrestler Ankit Gulia (72kg) has won a bronze medal in the Ibrahim Moustafa ranking-series.
  • The 19-year-old Ankit, who lost 9-0 to Georgian Otar Abuladze, got the better of Nurzhigit Keneshbek Uulu of Kyrgyzstan 9-0 in the repechage round.

Ranking – Daily Current Affairs February 25&26

2. India ranked ____ in 55 countries on International IP Index?
A) 41st
B) 42nd
C) 43rd
D) 44th
E) None of these
Answer: B) 42nd

  • India ranks 42nd among 55 leading global economies on the International IP Index released by the US Chambers of Commerce, according to which India is ripe to become a leader for emerging markets seeking to transform their economy through IP-driven innovation.
  • “As India’s size and economic influence grows on the world stage, India is ripe to become a leader for emerging markets seeking to transform their economy through IP-driven innovation”.

Banking and Finance – Daily Current Affairs February 25&26

3. RBI imposed restrictions on how many co-operative banks?
A) 3
B) 4
C) 5
D) 6
E) None of these
Answer: C) 5

  • The Reserve Bank of India imposed several restrictions on five cooperative banks, including on withdrawals, in the wake of the deteriorating financial condition of the lenders.
  • The restrictions will remain in place for six months, the Reserve Bank of India (RBI) said.
  • With restrictions in place, the banks, without prior approval of RBI, cannot grant loans, make any investment, incur any liability, and transfer or otherwise dispose of any of its properties.
  • Customers of HCBL Co-operative Bank, Lucknow (Uttar Pradesh); Adarsh Mahila Nagari Sahakari Bank Maryadit, Aurangabad (Maharashtra); and Shimsha Sahakara Bank Niyamitha, Maddur, Mandya District in Karnataka cannot withdraw funds from their accounts due to present liquidity position of the three lenders.
Titbits

Reserve Bank of India (RBI):

Founded: 01/04/1935
RBI Act,1934
HQ: Mumbai
Chairman: Shaktikanta Das
1926 – Hilton Young Commission
1937 – Calcutta to Mumbai
1949 – Nationalisation


4. LIC reduced stake in Industrial Investment Trust to _______%?
A) 3.362 per cent
B) 4.456 per cent
C) 5.623 per cent
D) 2.862 per cent
E) None of these
Answer: A) 3.362 per cent

  • Life Insurance Corporation of India has diluted its stake in Industrial Investment Trust Ltd from 5.433 per cent stake to 3.362 per cent.
  • It sold about 4.67 lakh shares of IITL at an average price of ₹88.39 between July 6, 2012, and February 23, 2023, the insurance major informed the exchanges.
  • While shares of IITL closed 0.27 per cent lower at ₹91.95 on the BSE, those of insurance major edged down 1 per cent at ₹584.65.
Titbits

Life Insurance Corporation of India:

Founded : 1 September 1956
Headquarters : Mumbai, India
Chairperson : M R Kumar


Awards – Daily Current Affairs February 25&26

5. Which state won best adventure tourism destination award?
A) Kerala
B) Assam
C) Punjab
D) J&K
E) None of these
Answer: D) J&K

  • The India Today Tourism Survey has chosen Jammu & Kashmir Tourism for best adventure tourism award.
  • The awards were given away at New Delhi by Union Minister of State for Culture & Parliamentary Affairs, Arjun Ram Meghwal.
  • The award has been given to the J&K Tourism Department in recognition of its efforts in promoting ‘Gulmarg’ as an adventure destination of international order.
Titbits

Jammu and Kashmir:

Capital: Srinagar,Jammu
Lieutenent Governor: Manoj Sinha
Language: Kashmiri,Dogri,Urdu,Hindi,English
National Park: Dachigam National Park
Wildlife Sanctuary: Gulmarg Wildlife Sanctuary.
Ramsar Site: Hokera Wetland, Surinsar-Mansar Lakes, Wular Lake
Power Station: Baglihar Stage- I Hydroelectric Project
Dams: Baglihar Dam(River: Chenab)
RRB: Ellaquai Dehati Bank (SBI), J&K Grameen Bank (J&K Bank)


Environment and Energy- Daily Current Affairs February 25&26

6. Which state will come up with Northeast India’s first-ever compressed biogas plant?
A) Kerala
B) Assam
C) Punjab
D) Gujarat
E) None of these
Answer: B) Assam

  • Chief Minister Himanta Biswa Sarma attended as Chief Guest the foundation stone laying ceremony of northeast India’s first-ever compressed biogas plant project at Domora Pathar in Sonapur under Kamrup (Metropolitan) district.
  • Being set-up by entrepreneurs Pankaj Gogoi and Rakesh Doley under the banner of Redlemon Technologies, the plant, proposed to be operational from November 2023.

Defence – Daily Current Affairs February 25&26

7. Indian Air Force contingent reached in _____ to participate in Exercise Desert Flag VIII?
A) UAE
B) Kuwait
C) Iran
D) Iraq
E) None of these
Answer: A) UAE

  • An Indian Air Force contingent comprising of 110 Air Warriors reached at Al Dahfra airbase of United Arab Emirates for participating in Exercise Desert Flag VIII.
  • The IAF would be participating with five Light Combat Aircraft, LCA Tejas and two C-17 Globemaster III aircraft.
  • This is the first occasion when the LCA Tejas will participate in an international flying exercise outside India.
  • Exercise Desert Flag is a multilateral air exercise in which Air Forces from UAE, France, Kuwait, Australia, UK, Bahrain, Morocco, Spain, Republic of Korea, and USA would also be participating.
  • The exercise is scheduled from 27th of February to 17th of March.
Titbits

United Arab Emirates:

Capital : Abu Dhabi
Currency : UAE Dirham
President : Mohamed Bin Zayed Al Nahyan
Prime Minister: Mohammed Bin Rashid Al Maktoum
Language : Arabic


International Affairs – Daily Current Affairs February 25&26

8. Which edition of New Delhi World Book Fair commenced at Pragati Maidan?
A) 30th
B) 31st
C) 32nd
D) 33rd
E) None of these
Answer: B) 31st

  • The 31st edition of New Delhi World Book Fair has commenced at Pragati Maidan in New Delhi.
  • The 9-day mega fair was inaugurated by Minister of State for Education Dr Rajkumar Ranjan Singh.
  • Several literary and cultural activities focusing on the theme ‘Azadi Ka Amrit Mahotsav’, will be the part of the fair.
  • More than two thousand stalls have been set up and more than one thousand book publishers are participating in the fair.
  • France has been designated as the Guest of Honour Country.

National Affairs – Daily Current Affairs February 25&26

9. Which state became first state to use robotic scavengers to clean manholes?
A) Kerala
B) Tamil Nadu
C) Punjab
D) Gujarat
E) None of these
Answer: A) Kerala

  • The Kerala government launched robotic scavenger, Bandicoot, to clean sewages in this temple town, becoming the first state in the country to use robotic technology to clean all its commissioned manholes.
  • Water Resources Minister, Roshi Augustine, launched Bandicoot under the Guruvayur Sewerage Project in Thrissur district by the Kerala Water Authority (KWA), as part of the 100-day action plan of the state government.
  • ”With the launch of the project in Guruvayur, manual scavenging in Kerala has ended. Now Kerala has become the first state in the country to use robotic scavengers to clean manholes,” Minister claimed in a release.
Titbits

Kerala:

Capital: Thiruvananthapuram
CM: Pinarayi Vijayan
Governor: Arif Mohammad Khan
Language: Malayalam
National Park: Eravikulam National Park
Wildlife Sanctuary: Idukki Wildlife Sanctuary
Ramsar Site: Asthamudi Wetland, Sasthamkotta Lake, Vembanad Kol Wetland
Tiger Reserve: Periyar Tiger Reserve
Power Station: Kakkad Hydroelectric Project
Dams: Malampuzha Dam (River : Bharathapuzha River)
RRB: Kerala Gramin Bank (Canara Bank)
UNESCO Site: Western Ghats


10. Which edition of BioAsia inaugurated in Hyderabad?
A) 19th
B) 20th
C) 21st
D) 22nd
E) None of these
Answer: B) 20th

  • The 20th Edition of ‘BioAsia’, Asia’s largest Life Sciences and Healthcare Convention, was inaugurated by Telangana Industries & IT Minister K Taraka Ramarao in Hyderabad.
  • This year’s theme is ‘Advancing for One to celebrate the spirit of collaboration and promoting human prosperity’.
  • Inaugurating the Summit, the Minister said COVID-19 pandemic proved the value of collaboration, as the world came together to overcome one of humanity’s greatest healthcare challenges.
  • He said Bio Asia played a crucial role in the development of Life Sciences industry in the country.

11. Who inaugurated International Biotech Conclave, first-ever in Northeast?
A) Raj Nath Singh
B) Amit Shah
C) Dr Jitendra Singh
D) Pralhad Joshi
E) None of these
Answer: C) Dr Jitendra Singh

  • 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, for the first time since Independence, North East Region is organizing an International Conference on Biotechnology involving over 700 International and National delegates representing over 35 countries.
  • The Minister informed that “International Bio-resource Conclave” along with the 22nd Congress of the International Society for Ethno-pharmacology and the 10th Congress of Society for Ethno-pharmacology (ISE SFEC-2023) will be held from February 24-26, 2023 at the City Convention Centre, Imphal, Manipur with the theme “Reimagine Ethnopharmacology : Globalisation of Traditional Medicine”.

12. IIT Madras will establish how many crore Innovation & Entrepreneurship fund?
A) Rs 100 Crore
B) Rs 200 Crore
C) Rs 300 Crore
D) Rs 400 Crore
E) None of these
Answer: A) Rs 100 Crore

  • The Indian Institute of Technology Madras (IIT-M) will be setting up an Innovation and Entrepreneurship fund of Rs 100 crore to support start-ups.
  • The premier city-based institute said it is also planning to ensure that at least five of its Centers of Excellence rank among the top three in the world in their respective fields.
  • “IIT Madras is going to establish an Innovation and Entrepreneurship fund of Rs 100 Crore to support student and faculty’s efforts to establish start-ups.”
  • These were “among the top goals the institute has set for itself in the Strategic Plan for the Period 2022-27.
  • The targets envisioned include creating an institute with a diversified group of faculty, students and staff, pursuing nationally relevant and internationally recognised basic and translational research,”.

13. Health Minister Mansukh Mandaviya inaugurated two-day Chintan Shivir in _________?
A) Hyderabad
B) Chennai
C) Mumbai
D) Jaipur
E) None of these
Answer: A) Hyderabad

  • Union Minister of Health & Family Welfare and Chemicals & Fertilisers Dr. Mansukh Mandaviya said Chintan Shivir is a platform for all the stakeholders in the pharma and health sectors to deliberate on pathways for cohesive and synergistic approaches to build robust and resilient regulatory systems.
  • Inaugurating a two-day Chintan Shivur in Hyderabad, the minister said that various agencies including Centre and State and public-private, form important components ensuring that pharmaceuticals manufactured in the country are of the highest quality and adhere to standard global manufacturing protocols.
  • He said, this will ensure that India’s fame as “Pharmacy of the World” is upheld.

14. Which edition of Rashtriya Sanskriti Mahotsav began in Bikaner?
A) 12th
B) 13th
C) 14th
D) 15th
E) None of these
Answer: C) 14th

  • The 14th Rashtriya Sanskriti Mahotsav commenced at Dr. Karni Singh Stadium in Bikaner, Rajasthan.
  • The festival, being organized by the Union Ministry of Culture, was inaugurated with a Shobha Yatra, in which artists from different states of the country participated in traditional dresses.
  • Later on, Governor of Rajasthan Kalraj Mishra and Union Minister of State for Culture Arjun Ram Meghwal inaugurated the craft fair and various exhibitions.


Over All Review

Sports 

  • Ankit Gulia wins bronze in wrestling meet.

Ranking 

  • India ranks 42 in 55 countries on International IP Index.

Banking and Finance 

  • RBI imposes restrictions on 5 co-operative banks.
  • LIC reduces stake in Industrial Investment Trust to 3.362%.

Awards 

  • J&K wins best adventure tourism destination award.

Environment and Energy

  • Assam to come up with Northeast India’s first-ever compressed biogas plant.

Defence

  • Indian Air Force contingent reaches in UAE to participate in Exercise Desert Flag VIII.

International Affairs

  • 31st edition of New Delhi World Book Fair commences at Pragati Maidan.

National Affairs

  • Kerala becomes first state to use robotic scavengers to clean manholes.
  • 20th Edition of BioAsia inaugurated in Hyderabad.
  • Union Minister Dr Jitendra Singh inaugurates International Biotech Conclave, first-ever in Northeast.
  • IIT Madras to establish Rs 100 cr Innovation & Entrepreneurship fund.
  • Health Minister Mansukh Mandaviya inaugurates two-day Chintan Shivir in Hyderabad.
  • 14th Rashtriya Sanskriti Mahotsav begins in Bikaner.

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