Daily Current Affairs February 01

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 01. 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 01 | Daily Current Affairs 2024

Important Days – Daily Current Affairs February 01

1. When was Indian Coast Guard Day officially established by the Indian Parliament?
A) February 1, 1965
B) August 15, 1947
C) August 18, 1978
D) December 3, 1985
E) None of the above
Answer: C) August 18, 1978

• The Indian Coast Guard Day or ICG Day is celebrated every year on 1 February.
• The day is marked by a parade, sporting events, cultural performances, community service projects, and other activities and events.
• The Coast Guard demonstrates its dedication to protecting national security and safeguarding the nation’s maritime interests.
• The Indian Parliament officially established ICG Day on February 1 each year on August 18, 1978.
• The day serves as a reminder of how crucial the Coast Guard is in keeping up with the integrity of the country’s maritime and advancing national security.
• The Indian Coast Guard Day will mark its 48th Raising Day this year.

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Awards – Daily Current Affairs February 01

2. Who are the three researchers of Indian descent as the recipient of UK Award?
A) Dr. Rahul R Nair, Dr. Mehul Malik, Dr. Tanmay Bharat
B) Dr. Rahul R Nair, Dr. Mehul Malik, Dr. Ramesh Sharma
C) Dr. Rahul R Nair, Dr. Sanjay Patel, Dr. Tanmay Bharat
D) Dr. Rohan Kumar, Dr. Mehul Malik, Dr. Tanmay Bharat
E) None of the above
Answer: A) Dr. Rahul R Nair, Dr. Mehul Malik, Dr. Tanmay Bharat

• The UK has named nine scientists, including three researchers of Indian descent, as recipients of a prestigious award for young scientists who are advancing science and improving the world.
• The recipients, including Professors Rahul R Nair, Mehul Malik, and Tanmay Bharat will be honoured at award ceremony in London and will receive grants totalling 480,000 pounds.

Rahul R Nair:

• Rahul R Nair, a materials physicist at The University of Manchester, was named Laureate in Physical Sciences & Engineering for developing novel membranes based on two-dimensional (2D) materials that will enable energy-efficient separation and filtration technologies.

Mehul Malik:

• Mehul Malik, was recognised for advancing quantum communications through groundbreaking techniques that harness high-dimensional entanglement, a complex quantum physics phenomenon.

Tanmay Bharat:

• Tanmay Bharat, PhD, from the MRC Laboratory of Molecular Biology (Life Sciences), was recognised for developing cutting-edge techniques in electron cryotomography (cryo-ET) to create atomic-level pictures of cell-surface molecules produced by microscopic bacteria and archaea, as they form multicellular communities including biofilms and microbiomes.

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Science and Technology – Daily Current Affairs February 01

3. Which city is the headquarters of Garuda Aerospace, the company that launched the Droni nano drone?
A) Mumbai
B) Chennai
C) Bangalore
D) Hyderabad
E) Kolkata
Answer: B) Chennai

• Chennai-based drone start-up Garuda Aerospace has launched a nano drone, Droni, for the consumer photography and cinematography segment.
• Currently sold on e-commerce site Amazon, Droni is a small-sized foldable quadcopter weighing 250 gm.
• Droni is integrated with 11 intelligent flight modes, including follow-me features, circling, fading, soaring, time-lapse, tail flicking, and broad and straightforward shooting.
• It is also integrated with target management, level-7 wind resistance, and an intelligent voice somatosensory control that makes way for one-hand control when required.
• Its three-axis mechanical stabilised pan tilt ensures perfect stable shots.
• Droni has a 48 MP camera with wide-angle lens optical flow positioning and delivers 60 minutes of flight time.
• Priced Rs 1.4 lakh, Droni is available at an introductory price of Rs 85,000 exclusively on Amazon.

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International Affairs – Daily Current Affairs February 01

4. What is the total estimated cost of the proposed mega drone deal between India and USA?
A) $2.99 billion
B) $3.49 billion
C) $3.99 billion
D) $4.49 billion
E) $4.99 billion
Answer: C) $3.99 billion

• The proposed mega drone deal was announced during the historic State Visit of Prime Minister Narendra Modi in June 2023.
• Under the deal, India will get 31 High Altitude Long Endurance (HALE) UAVs, of which the Navy will get 15 SeaGuardian drones, while the Army and the Indian Air Force will get eight each of the land version – SkyGuardian.
• The estimated total cost is $3.99 billion.
• The proposed sale will improve India’s capability to meet current and future threats by enabling unmanned surveillance and reconnaissance patrols in sea lanes of operation.

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National Affairs – Daily Current Affairs February 01

5. Which countries have agreed to join BRICS?
A) Saudi Arabia, the United Arab Emirates, Ethiopia, Iran, and Egypt
B) Brazil, Russia, India, China, and South Africa
C) United States, United Kingdom, France, Germany, and Japan
D) Australia, Canada, New Zealand, South Korea, and Singapore
E) None of the above
Answer: A) Saudi Arabia, the United Arab Emirates, Ethiopia, Iran, and Egypt

• Saudi Arabia, the United Arab Emirates, Ethiopia, Iran and Egypt have all agreed to join BRICS.

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6. What is the purpose of the Bilateral Investment Treaty between India and the United Arab Emirates?
A) To increase military cooperation
B) To enhance cultural exchange
C) To promote tourism
D) To boost investments in India
E) None of the above
Answer: D) To boost investments in India

• The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, has given its approval for signing and ratification of Bilateral Investment Treaty between the Government of the Republic of India and the Government of the United Arab Emirates.
• The approval is expected to increase investments in India and is likely to help in realizing the goal of Atmanirbhar Bharat by encouraging domestic manufacturing, reducing import dependence, increasing exports etc.

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7. What is the purpose of determining the Marketing Margin on supply of domestic gas to Fertilizer Units?
A) To decrease investment in the fertilizer sector
B) To reduce the cost of gas for fertilizer production
C) To incentivize manufacturers to increase investment
D) To increase dependency on imported gas
E) None of the above
Answer: C) To incentivize manufacturers to increase investment

• The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for determination of Marketing Margin on supply of domestic gas to Fertilizer (Urea) Units for the period from May 1, 2009 to November 17, 2015.
• Marketing Margin is charged by gas marketing company from consumers over and above the cost of gas for taking on the additional risk and cost associated with marketing of gas.
• Government had previously determined marketing margin on supply of domestic gas to urea and LPG producers in 2015.
• In line with government vision of AatmaNirbhar Bharat, this approval will incentivize manufacturers to increase investment.
• The increased investment will lead to self-sufficiency in fertilizers, and provide an element of certainty for future investments in gas infrastructure sector.

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8. What is the subsidy provided by the Central Government per kilogram of sugar under the Antyodaya Anna Yojana Scheme?
A) Rs. 10
B) Rs. 12
C) Rs. 15
D) Rs. 18.50
E) Rs. 20
Answer: D) Rs. 18.50

• The Union Cabinet chaired by Prime Minister Shri Narender Modi approved extension of scheme of sugar subsidy for Antyodya Anna Yojna (AAY) families distributed through Public Distribution Scheme (PDS) for two more years i.e. 31 March 2026.
• Under the Scheme, the Central Government gives subsidy of Rs.18.50 per kg per month of sugar to AAY families of participating States.
• The approval is expected to extend benefits of more than Rs.1850 crore during period of 15th Finance Commission (2020-21 to 2025-26).
• The scheme is expected to benefit about 1.89 crores AAY families of the country.
• With this approval, the Government will continue giving subsidy to participating States for distribution of sugar to AAY families through PDS at the rate of One kg per family per month.

Note:

• Government of India is already giving free ration under Pradhan Mantri Garib Kalyan Anna Yojna (PM-GKAY)

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9. What is the primary aim of the C-CARES portal launched by the Coal Mines Provident Fund Organization (CMPFO)?
A) Providing online education for coal sector workers
B) Addressing the issue of coal mining accidents
C) Digitizing records and work processes
D) Implementing environmental conservation measures
E) Enhancing coal production efficiency
Answer: C) Digitizing records and work processes

• Union Minister of Coal, Mines and Parliamentary Affairs Shri Pralhad Joshi launched a web portal of CMPFO namely C- CARES developed and designed by the Centre for Development of Advanced Computing (C-DAC), an R&D organization under the Ministry of Electronics and Information Technology on 31st January, 2024.
• It aimed to address the long-standing issue of digitizing its records and work processes.
• Coal Mines Provident Fund Organization (CMPFO) is an autonomous organization under the aegis of Ministry of Coal established in the year 1948 for administering Provident Fund and Pension schemes for the purpose of providing social security to the coal sector workers.
• The portal, C-CARES, will allow CMPF subscribers and coal companies to login and perform various functions tailored to their needs.
• While the subscribers can access and view their individual details and subscription status, the coal management can submit contribution details, subscribers’ particulars and claims for online settlement and payment through the portal.

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10. Which ministry inaugurated three initiatives undertaken as Corporate Social Responsibility of Coal India Limited (CIL)?
A) Minister of Education
B) Minister of Coal, Mines and Parliamentary Affairs
C) Minister of Skill Development and Entrepreneurship
D) Minister of Environment, Forest and Climate Change
E) Minister of Human Resource Development
Answer: B) Minister of Coal, Mines and Parliamentary Affairs

• Union Minister of Coal, Mines and Parliamentary Affairs, Shri Pralhad Joshi inaugurated three initiatives being undertaken as Corporate Social Responsibility of Coal India Limited (CIL) in collaboration with Educational Consultants Limited (EDCIL), National Skill Development Corporation and TATA STRIVE.

CIL with EDCIL:

• The Memorandum of Understanding (MoU) signed between Coal India Limited (CIL) and Educational Consultants India Limited (EDCIL) aims to provide digital education through smart classrooms and computer laboratory up to 12th standard schools in Coal Bearing States.
• It is estimated that 200 schools will be benefited and estimated CSR expenditure is to be incurred Rs. 27.08 Crores.
• A thousand smart classrooms have already been equipped under the CSR initiative of the Government Coal Companies.

CIL with NSDC:

• To provide the skill to the youth of communities around the coalfield, Coal India Limited (CIL) has signed a Memorandum of Understanding with National Skill Development Corporation (NSDC) to establish multi skilled development institutes in each subsidiary of Coal India Limited (CIL).
• The multi-skill development institutes will be operationalised in central coal limited (CCL) and Bharat Coking Coal Limited (BCCL) in 2024-25 on pilot basis, and subsequently will be scaled up in other Coal India Limited (CIL) subsidiaries.

CIL with TATA STRIVE:

• To ensure gainful employment to 655 unemployed youth in the peripheral area of the coal mines, Coal India Limited (CIL) has signed a memorandum of understanding (MOU) with TATA STRIVE.
• This will cover training in the domain of assistant electrician, Commis Chefs, F&B Steward, Housekeeping & Front office associates in four centres – Nagpur, Varanasi, Kamrup- Assam & Chindwara.

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11. What is the upcoming change in the treatment costs according to the Insurance Regulatory and Development Authority of India (IRDAI)?
A) Ayurveda, yoga, and naturopathy (AYUSH) treatments will be excluded from insurance coverage.
B) AYUSH treatments will be given priority over allopathy treatments.
C) AYUSH treatment costs will be brought on par with allopathy.
D) Allopathy treatments will no longer be covered by insurance.
E) IRDAI will discontinue health insurance coverage altogether.
Answer: C) AYUSH treatment costs will be brought on par with allopathy.

• According to the Insurance Regulatory and Development Authority of India (IRDAI), the treatment costs under ayurveda, yoga, and naturopathy, unani, siddha and homoeopathy (AYUSH) will soon be brought on par with allopathy from the next financial year.
• Under the new guidelines, effective from April 1, 2024, IRDAI has directed all general and health insurers (except ECGC and AIC) to put in place a board-approved policy for AYUSH coverage, which should include their approach towards placing AYUSH treatments on par with other treatments for health insurance coverage, thereby allowing policyholders to adopt a treatment of their choice.
• The policy shall also contain the quality parameters as well as procedure for enrolling AYUSH hospitals/daycare centres as network providers for cashless facility.

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12. How many Ramsar sites are there in total in Tamil Nadu after the recent approval?
A) 10
B) 12
C) 14
D) 16
E) 18
Answer: D) 16

• Two more Ramsar sites, Karaivetti Bird Sanctuary and Longwood Shola Reserve Forest in the state of Tamilnadu have been approved by the Union Ministry of Environment, Forest and Climate Change (MOEFCC).
• With this, the total number of Ramsar sites in Tamilnadu has increased to 16, the highest in the country.

Ramsar Site:

• A Ramsar site is a wetland site designated to be of international importance under the Ramsar Convention, also known as The Convention on Wetlands.
• It is an international environmental treaty signed on February 2, 1971, in Ramsar, Iran, under the auspices of UNESCO.

Karaivetti Bird Sanctuary:

• The Karaivetti bird sanctuary is located in Ariyalur District, covering an area of 453.7 ha.
• The site serves as the home to more than 500 species of flora and fauna.
• The sanctuary lies in the Central Asian Flyway and is an important breeding and foraging ground for water bird species.
• The wetland also helps in irrigation and recharging of the groundwater of the area.

Longwood Shola reserve Forest:

• The Longwood Shola Reserve Forest is located in the Nilgiris District, covering an area of 116.007 ha.
• It serves as the home for more than 700 species of flora and fauna.
• Out of 177 bird species found in the site, 14 species are endemic to the Western Ghats.
• The area is rich in herpetofauna diversity, with several species being endemic to the Western Ghats and also considered threatened species by the International Union for Conservation of Nature.

Note:

• Tamil Nadu’s Department of Environment, Climate Change & Forest has undertaken the task of preparing the Integrated Management plans for its Ramsar sites in collaboration with the Wildlife Institute of India.
• It has also launched the Tamil Nadu Wetlands Mission for the protection, conservation, and restoration of 100 wetlands at a cost of Rs 115.15 crore

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13. Until when has the Union Cabinet approved the continuation of the Animal Husbandry Infrastructure Development Fund (AHIDF)?
A) 2022-23
B) 2023-24
C) 2024-25
D) 2025-26
E) 2026-27
Answer: D) 2025-26

• The Union Cabinet chaired by Prime Minister Shri Narendra Modi approved the continuation of Animal Husbandry Infrastructure Development Fund (AHIDF) to be implemented under Infrastructure Development Fund (IDF) with an outlay of Rs.29,610.25 crore for another three years up to 2025-26.
• The scheme will incentivize investments for Dairy processing and product diversification, Meat processing and product diversification, Animal Feed Plant, Breed multiplication farm, Animal Waste to Wealth Management (Agri-waste management) and Veterinary vaccine and drug production facilities.
• Government of India will provide 3% interest subvention for 8 years including two years of moratorium for loan up to 90% from the scheduled bank and National Cooperative Development Corporation (NCDC), NABARD and NDDB.
• Government of India will also provide credit guarantee to the MSME and Dairy Cooperatives up to the 25% of the credit borrowed from the Credit Guarantee Fund of Rs.750 crore.
• The AHIDF has so far created an impact by adding 141.04 LLPD (Lakh Ltr. Per Day) of milk processing capacity, 79.24 lakh metric ton of feed processing capacity and 9.06 Lakh metric ton of meat processing capacity by adding to the supply chain since the inception of the scheme.
• The scheme has been able to increase processing capacity by 2-4% in dairy, meat and animal feed sector.

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