Daily Current Affairs February 04
Table of Contents
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February 04 | Daily Current Affairs 2025
Important Days – Daily Current Affairs February 04
1. What is the theme of World Cancer Day 2026?
A) Close the Care Gap
B) I Am and I Will
C) Not Beyond Us
D) United by Unique
E) We Can. I Can.
Answer: D) United by Unique
Event and Location:
- Event: World Cancer Day 2026 observed with the theme “United by Unique”
- Location: Global
- Date: 4 February 2026
Mandates and Objectives:
- Mandates: Observance of World Cancer Day to raise global awareness about cancer and promote its prevention, detection, and treatment.
- Objectives: To center patient experiences in cancer care, promote equity in healthcare access, and foster global solidarity in the fight against cancer.
Important Terms Explained:
- World Cancer Day: An annual global health event held on February 4, led by the Union for International Cancer Control (UICC), aiming to raise awareness and improve cancer prevention, detection, and treatment.
- United by Unique: Theme for World Cancer Day 2026–2027 highlighting patient-centered care by valuing unique personal experiences and calling for equitable cancer services worldwide.
- Sustainable Development Goal (SDG) 3.4: A global target under the UN’s SDGs to reduce premature mortality from non-communicable diseases (NCDs) like cancer by one-third by 2030 through prevention and treatment.
Tabular Summary:
| Parameter | Details |
| Event name | World Cancer Day 2026 |
| Announcement date | 4 February 2026 |
| Location | Worldwide |
| Issuing authority | Union for International Cancer Control (UICC) |
| Policy/series name | World Cancer Day – Global Awareness Initiative |
| Key figures | UICC, WHO, global health advocates, cancer survivors |
| Purpose/reason | Raise awareness, reduce stigma, promote cancer prevention and equitable care |
| Feature details | Theme: “United by Unique”, events globally, public campaigns, medical summits |
| Validity or status | Ongoing global observance (2025–2027 campaign) |
| Strategic/significant value | Supports SDG 3.4, promotes inclusive healthcare, strengthens global cancer response |
2. What is the theme of International Day of Human Fraternity 2026?
A) United for Peace
B) Equality in Action
C) Faiths Together
D) Dialogue Over Division
E) Harmony for Humanity
Answer: D) Dialogue Over Division
Event and Location:
- Event: International Day of Human Fraternity observed with the theme “Dialogue Over Division”
- Location: Global
- Date: 4 February 2026
Mandates and Objectives:
- Mandates: Global observance promoting unity, tolerance, peace, and mutual respect among diverse cultures and religions.
- Objectives: To foster interreligious and intercultural dialogue, eliminate discrimination and hate speech, and build inclusive societies through shared human values and peaceful coexistence.
Important Terms Explained:
- Human Fraternity: The idea that all people belong to a common human family, promoting peace, understanding, and cooperation across cultures, religions, and backgrounds.
- Dialogue Over Division: The 2026 theme emphasizing constructive conversation, respect for diversity, and rejection of hatred, prejudice, and social exclusion.
- World Interfaith Harmony Week: A UN-recognized observance established in 2010 (resolution 65/5), promoting interfaith dialogue and understanding as a key to global peace.
Tabular Summary:
| Parameter | Details |
| Event name | International Day of Human Fraternity 2026 |
| Announcement date | February 4, 2026 |
| Location | Worldwide |
| Issuing authority | United Nations General Assembly |
| Policy/series name | UN Global Culture of Peace Initiative |
| Key figures | UN Member States, interfaith organizations |
| Purpose/reason | Promote peace, inclusion, and mutual respect |
| Feature details | Theme: “Dialogue Over Division”; education, interfaith dialogues, cultural events |
| Validity or status | Annual observance established by UN Resolution 75/200 |
| Strategic/significant value | Supports SDGs, especially Goal 16 (Peace, Justice and Strong Institutions) |
Ranking – Daily Current Affairs February 04
3. Who has become the first person in the world to achieve a net worth exceeding USD 800 billion in 2026?
A) Jeff Bezos
B) Bernard Arnault
C) Mark Zuckerberg
D) Elon Musk
E) Warren Buffett
Answer: D) Elon Musk
Event and Location:
- Event: Elon Musk becomes the first person with $800 billion net worth
- Location: Global
- Date: February 2026
Mandates and Objectives:
- Mandates: Elon Musk surpassed the USD 800 billion wealth mark following the merger of SpaceX and xAI into a single entity.
- Objectives: To consolidate Musk’s AI and space ventures, unlocking valuation synergies and advancing integration of transformative technologies.
Important Terms Explained:
- SpaceX: A private aerospace company founded by Elon Musk, known for reusable rocket technology and satellite-based internet services like Starlink.
- xAI: Elon Musk’s artificial intelligence company, focused on building AI systems aligned with human values and safety.
- Net Worth: The total value of a person’s financial and non-financial assets, minus liabilities; used to determine an individual’s total wealth.
Tabular Summary:
| Parameter | Details |
| Event name | Elon Musk becomes world’s first $800 billion individual |
| Announcement date | February 2026 |
| Location | Global |
| Issuing authority | Notified through financial media and valuation indices |
| Policy/series name | SpaceX-xAI merger and net worth calculation |
| Key figures | Elon Musk |
| Purpose/reason | Integration of AI and space ventures boosting personal wealth |
| Feature details | Merger of SpaceX and xAI; valuation surge; stake consolidation |
| Validity or status | Active milestone as of February 2026 |
| Strategic/significant value | Highlights wealth creation via innovation and technology leadership |
Banking and Finance – Daily Current Affairs February 04
4. Which bank recently launched the LUXURA Metal Credit Card on the VISA Infinite platform?
A) HDFC Bank
B) State Bank of India
C) ICICI Bank
D) Axis Bank
E) Punjab National Bank
Answer: E) Punjab National Bank
Event and Location:
- Event: Launch of PNB LUXURA Metal Credit Card on VISA Infinite
- Location: PNB Corporate Office, Dwarka, Delhi
- Date: February 4, 2026
Mandates and Objectives:
- Mandates: Punjab National Bank launched a premium metal credit card with VISA Infinite, expanding the LUXURA card to dual platforms (RuPay and VISA)
- Objectives: To cater to high-income and aspirational customers by offering global acceptance, lifestyle privileges, and premium financial services
Important Terms Explained:
- LUXURA Metal Credit Card: A premium metal credit card by PNB offering luxury lifestyle benefits, travel rewards, and global acceptance
- VISA Infinite: A high-end international payment platform offering premium services such as global lounge access, zero forex markup, and concierge support
- Zero Forex Markup: A feature that enables international transactions without additional currency conversion charges, enhancing value for global spenders
Tabular Summary:
| Parameter | Details |
| Event name | Launch of LUXURA Metal Credit Card on VISA Infinite |
| Announcement date | February 4, 2026 |
| Location | Dwarka, New Delhi |
| Issuing authority | Punjab National Bank |
| Card platform | VISA Infinite |
| Card material | Metal |
| Welcome benefit | 20,000 reward points on ₹50,000 spend in 90 days |
| Base rewards rate | 4 points per ₹100 spent |
| Accelerated rewards | 3X on travel and dining, ₹10,000 bonus on ₹5L annual spend |
| Annual fee | ₹1,999 + GST |
| Joining fee | ₹4,999 + GST |
| Key privileges | Zero forex markup, unlimited lounge access, hotel perks |
| Target audience | Affluent and globally mobile customers |
5. Which Regional Rural Bank (RRB) became the first in India to launch a co-branded RuPay credit card?
A) Kerala Gramin Bank
B) Andhra Pradesh Grameena Vikas Bank
C) Tripura Gramin Bank
D) Karnataka Vikas Grameena Bank
E) Bihar Gramin Bank
Answer: C) Tripura Gramin Bank
Event and Location:
- Event: Launch of India’s first RRB co-branded RuPay Credit Card
- Location: Tripura, India
- Date: February 2026
Mandates and Objectives:
- Mandates: Tripura Gramin Bank launched a co-branded RuPay Credit Card in collaboration with Punjab National Bank and PNB Cards & Services Ltd.
- Objectives: To promote digital financial inclusion and provide modern credit facilities to rural and semi-urban customers through India’s domestic RuPay network.
Important Terms Explained:
- RuPay Credit Card: A domestic credit card issued on the RuPay network, India’s homegrown payment system developed by NPCI.
- Regional Rural Bank (RRB): A government-supported bank aimed at providing financial services in rural areas, focusing on agriculture, MSMEs, and rural development.
- Co-branded Card: A credit card launched through a partnership between two institutions, offering benefits and services from both partners.
Tabular Summary:
| Parameter | Details |
| Event name | Launch of India’s first RRB co-branded RuPay Credit Card |
| Announcement date | February 2026 |
| Location | Agartala, Tripura |
| Issuing authority | Tripura Gramin Bank, Punjab National Bank, PNB Cards & Services |
| Policy/series name | Co-branded RuPay Credit Card initiative |
| Key figures | Ashok Chandra (PNB), senior TGB leadership |
| Purpose/reason | Expand rural access to credit and digital payments |
| Feature details | RuPay-powered credit card, co-branded by RRB and sponsor bank |
| Validity or status | Launched and operational |
| Strategic/significant value | Strengthens rural digital economy and RuPay ecosystem |
Business and Economy – Daily Current Affairs February 04
6. What is the primary objective of the newly announced Bharat Container Shipping Line (BCSL)?
A) Boost oil and gas imports
B) Build domestic cruise tourism
C) Reduce dependence on foreign shipping lines
D) Promote inland fishing
E) Develop offshore wind farms
Answer: C) Reduce dependence on foreign shipping lines
Event and Location:
- Event: Agreement signed to set up Bharat Container Shipping Line (BCSL)
- Location: India (national-level initiative)
- Date: February 3, 2026 (Union Budget 2026–27 period)
Mandates and Objectives:
- Mandates: Establish Bharat Container Shipping Line through MoU among major Indian port and logistics PSUs
- Objectives: To reduce dependency on foreign container lines, improve container availability, boost Make in India manufacturing, and strengthen India’s port-led trade ecosystem
Important Terms Explained:
- Bharat Container Shipping Line (BCSL): A new national shipping line created to manage and operate India’s container trade infrastructure, reducing foreign dependency
- Container Manufacturing Assistance Scheme: A ₹10,000-crore scheme under Budget 2026–27 aimed at developing domestic capacity to manufacture shipping containers
- PM Gati Shakti: A national master plan for multi-modal infrastructure development across logistics, transport, and industrial corridors
- Sagarmala Programme: A flagship scheme to modernize India’s ports and integrate them with inland waterways and logistics hubs
- Hybrid Annuity Model: A public-private partnership model combining government and private sector funding used for infrastructure projects
Tabular Summary:
| Parameter | Details |
| Event name | Establishment of Bharat Container Shipping Line (BCSL) |
| Announcement date | February 3, 2026 |
| Location | India (National Maritime Strategy) |
| Issuing authority | Shipping Corporation of India, CONCOR, JNPA, VOCPA, Chennai Port Authority, SFC |
| Policy/series name | Container Manufacturing Assistance Scheme (₹10,000 crore) |
| Key figures | Sarbananda Sonowal, Ashwini Vaishnaw |
| Purpose/reason | Secure India’s container trade and logistics from global disruptions |
| Feature details | Indian-owned container line, port integration, domestic container production |
| Validity or status | MoU signed; implementation to begin FY 2026–27 |
| Strategic significance | Enhances logistics sovereignty, cuts costs, boosts exports and resilience |
7. The Ministry of Statistics has revised the base year of India’s Consumer Price Index (CPI) to which year?
A) 2018
B) 2020
C) 2022
D) 2024
E) 2025
Answer: D) 2024
Event and Location:
- Event: Revision of Consumer Price Index (CPI) base year
- Location: India
- Date: February 2026
Mandates and Objectives:
- Mandates: The Ministry of Statistics and Programme Implementation (MoSPI) revised the CPI base year from 2012 to 2024 using data from the Household Consumption Expenditure Survey (HCES) 2023–24 and expanded the CPI basket and price collection system.
- Objectives: To better reflect current consumption patterns, improve inflation measurement accuracy, and align India’s inflation statistics with global standards.
Important Terms Explained:
- Consumer Price Index (CPI): A measure of the average change over time in the prices of goods and services consumed by households, used to track inflation.
- Household Consumption Expenditure Survey (HCES): A nationwide survey that collects data on household spending patterns to determine CPI weights.
- COICOP 2018: An international classification framework (Classification of Individual Consumption According to Purpose) used to standardize consumption categories across countries.
Tabular Summary:
| Parameter | Details |
| Event name | CPI Base Year Revision to 2024 |
| Announcement date | February 2026 |
| Location | India |
| Issuing authority | Ministry of Statistics and Programme Implementation |
| Policy/series name | CPI 2024 Series |
| Key figures | MoSPI officials and statistical authorities |
| Purpose/reason | Reflect updated household consumption trends |
| Feature details | Basket expanded to 358 items, food weight reduced, housing weight increased, online prices added |
| Validity or status | First data release on 12 February 2026 |
| Strategic/significant value | Improves inflation accuracy and supports better policy decisions |
Appointments – Daily Current Affairs February 04
8. Who has been appointed as the new Director General of Naval Armament (DGONA) in February 2026?
A) P Upadhyay
B) Rajesh Kumar
C) Divakar Jayant
D) Ramesh Prasad
E) Sanjay Chhabra
Answer: C) Divakar Jayant
Event and Location:
- Event: Appointment of new Director General of Naval Armament (DGONA)
- Location: Naval Headquarters, India
- Date: February 2, 2026
Mandates and Objectives:
- Mandates: Appointment of Shri Divakar Jayant as DG of Naval Armament (DGONA)
- Objectives: To strengthen leadership in defence logistics, naval weapon lifecycle management, and maritime combat readiness
Important Terms Explained:
- Director General of Naval Armament (DGONA): Senior-most position in INAS responsible for armament management, depot operations, and naval explosive infrastructure across India
- Indian Naval Armament Service (INAS): A Group ‘A’ civilian service under the Ministry of Defence that manages the Navy’s weapons, ammunition, and explosive safety infrastructure
- APPPA (Advanced Professional Programme in Public Administration): An elite public leadership programme for senior civil and defence officers to build policy, strategy, and governance skills
Tabular Summary:
| Parameter | Details |
| Event name | Appointment of Director General of Naval Armament |
| Announcement date | February 2, 2026 |
| Location | Naval Headquarters, New Delhi |
| Issuing authority | Ministry of Defence (MoD) |
| Officer Appointed | Shri Divakar Jayant (INAS, 1991 batch) |
| Predecessor | P Upadhyay |
| Key roles held | CGM/GM at Naval Armament Depots in Mumbai, Vizag, Alwaye |
| Expertise | Torpedo lifecycle management, explosive infra, HR management |
| Educational background | Electrical Engineering from IIT Delhi; APPPA alumnus |
| Cadre/service | Indian Naval Armament Service (INAS) |
| Strategic significance | Strengthens India’s naval readiness and defence infrastructure planning |
9. Who has been appointed as the new MD & CEO of Yes Bank for a term of three years, subject to shareholder approval?
A) Prashant Kumar
B) Dinesh Khara
C) Rajnish Kumar
D) Vinay Muralidhar Tonse
E) Chanda Kochhar
Answer: D) Vinay Muralidhar Tonse
Event and Location:
- Event: RBI approves appointment of new MD & CEO for Yes Bank
- Location: Mumbai, India
- Date: February 3, 2026
Mandates and Objectives:
- Mandates: RBI approved the appointment of Vinay Tonse as MD & CEO of Yes Bank for three years, pending shareholder approval
- Objectives: To ensure leadership continuity and support Yes Bank’s long-term growth beyond its post-reconstruction phase
Important Terms Explained:
- MD & CEO: The Managing Director & Chief Executive Officer is the top executive responsible for overseeing a bank’s operations, profitability, and strategic direction
- Post-Reconstruction Phase: The period after Yes Bank’s crisis-led restructuring in 2020 when stability and recovery were the focus
- Shareholder Approval: A regulatory and governance requirement where shareholders must approve key managerial appointments
Tabular Summary:
| Parameter | Details |
| Event name | Appointment of new MD & CEO at Yes Bank |
| Announcement date | February 3, 2026 |
| Location | Mumbai, India |
| Issuing authority | Reserve Bank of India (RBI) |
| Incoming CEO | Vinay Muralidhar Tonse |
| Outgoing CEO | Prashant Kumar |
| Term Duration | 3 years from date of assuming charge |
| Shareholder approval | Required for final confirmation |
| Previous position | Managing Director, SBI (Retired in Nov 2025) |
| Strategic importance | Supports Yes Bank’s transition to growth phase post-2020 crisis |
Awards – Daily Current Affairs February 04
10. Which port won the Cleanest Port of the Year award at the Swachhata Pakhwada Awards 2025?
A) Kandla Port
B) Chennai Port
C) Paradip Port
D) Mumbai Port
E) Visakhapatnam Port
Answer: C) Paradip Port
Event and Location:
- Event: Paradip Port wins Cleanest Port of the Year at Swachhata Pakhwada Awards 2025
- Location: New Delhi (award ceremony); Paradip, Odisha (winning port)
- Date: 3rd February 2026 (award presented)
Mandates and Objectives:
- Mandates: Paradip Port Authority was awarded First Prize as the Cleanest Port of the Year under the Swachhata Pakhwada Awards 2025 for sustained excellence in sanitation, community engagement, and green initiatives.
- Objectives: To promote cleanliness, sustainability, and inclusive participation across India’s major ports under the Swachh Bharat Abhiyan, aligning with broader goals of Jan Bhagidari, environmental responsibility, and dignity of sanitation workers.
Important Terms Explained:
- Swachhata Pakhwada: A fortnight-long initiative under the Swachh Bharat Abhiyan, focusing on thematic cleanliness drives across ministries, PSUs, and institutions to embed behavioural change and sanitation culture.
- Jan Bhagidari: A civic participation principle where citizens, students, workers, and communities collectively engage in cleanliness activities, reinforcing shared responsibility.
- Ek Ped Maa Ke Naam: A green initiative promoting tree plantation in honour of one’s mother; adopted at scale for environmental protection and community mobilisation.
- Safai Mitra Suraksha: A campaign under the Ministry of Housing & Urban Affairs focusing on the welfare, safety, and dignity of sanitation workers, promoting mechanisation and occupational health safeguards.
Tabular Summary:
| Parameter | Details |
| Event name | Swachhata Pakhwada Awards 2025 |
| Award category | Cleanest Port of the Year |
| Winner | Paradip Port Authority |
| Location of port | Paradip, Odisha |
| Award ceremony location | New Delhi |
| Date of award | 3rd February 2026 |
| Issuing authority | Ministry of Ports, Shipping and Waterways (MoPSW) |
| Key figures | Sarbananda Sonowal, Shantanu Thakur, Vijay Kumar, P. L. Haranadh |
| Core pillars | Jan Bhagidari, Ek Ped Maa Ke Naam, Safai Mitra Suraksha |
| Feature details | Plantation drives, Safai Mitra welfare, community-led campaigns, waste-to-wealth |
| Strategic value | Highlights port leadership in sustainability and civic participation |
Science and Technology – Daily Current Affairs February 04
11. What is the name of the world’s first private space station scheduled for launch in 2027?
A) Orbital-Next
B) Haven-1
C) Astroport Alpha
D) Lunar-IX
E) SkyHome
Answer: B) Haven-1
Event and Location:
- Event: Launch of world’s first private space station, Haven-1
- Location: Low Earth Orbit (LEO); launch from the USA
- Date: Scheduled for 2027
Mandates and Objectives:
- Mandates: Vast Space to launch Haven-1, the first-ever private space station, via SpaceX Falcon 9 as a single-module commercial orbital habitat.
- Objectives: To establish privately operated infrastructure in space, reduce dependency on government space stations like the ISS, and shift LEO operations to commercial entities.
Important Terms Explained:
- Haven-1: The world’s first private space station, developed by Vast Space, designed for single-launch deployment and commercial space operations in LEO.
- Crew Dragon: A human-rated spacecraft by SpaceX used for transporting astronauts and providing essential life-support systems to Haven-1 in orbit.
- Commercial LEO Destinations (CLDs): A NASA initiative encouraging private sector development of orbital platforms to replace the ISS, allowing NASA to act as a customer, not operator.
Tabular Summary:
| Parameter | Details |
| Event name | Launch of Haven-1 private space station |
| Announcement date | Revised launch scheduled for 2027 |
| Location | Launch from the USA to Low Earth Orbit |
| Issuing authority | Vast Space (developer) with NASA oversight and SpaceX as launch partner |
| Policy/series name | Commercial Low Earth Orbit Destinations (NASA strategy) |
| Key figures | Max Haot (Vast), Elon Musk (SpaceX), Bill Nelson (NASA) |
| Purpose/reason | Begin commercial operation of space stations as ISS nears retirement |
| Feature details | Single-launch compact design; Crew Dragon support; commercial use |
| Validity or status | Scheduled for 2027 launch via Falcon 9 |
| Strategic/significant value | First step in transitioning LEO infrastructure to private sector |
Defence – Daily Current Affairs February 04
12. DRDO recently demonstrated which advanced propulsion technology for long-range air-to-air missiles?
A) Scramjet Engine
B) Liquid Rocket Motor
C) Solid Fuel Ducted Ramjet
D) Turbojet Booster
E) Pulse Detonation Engine
Answer: C) Solid Fuel Ducted Ramjet
Event and Location:
- Event: Successful flight demonstration of Solid Fuel Ducted Ramjet (SFDR) technology by DRDO
- Location: Integrated Test Range, Chandipur, Odisha, India
- Date: 3 February 2026
Mandates and Objectives:
- Mandates: The Defence Research and Development Organisation (DRDO) conducted a successful test of the SFDR propulsion system, validating its performance for future missile applications.
- Objectives: To enable development of long-range air-to-air missiles, enhance sustained high-speed capability and maneuverability, and strengthen India’s indigenous defence technology base under self-reliance initiatives.
Important Terms Explained:
- Solid Fuel Ducted Ramjet (SFDR): An advanced air-breathing missile propulsion technology that uses solid fuel and atmospheric oxygen to provide sustained thrust, enabling longer range and higher speed compared to conventional rocket motors.
- Integrated Test Range (ITR): A premier missile testing facility located in Odisha, used by DRDO for tracking and evaluating flight performance of strategic systems.
- Aatmanirbhar Bharat: A national initiative promoting self-reliance in critical sectors, including indigenous defence research, development, and manufacturing.
Tabular Summary:
| Parameter | Details |
| Event name | SFDR technology flight demonstration |
| Announcement date | 3 February 2026 |
| Location | Chandipur, Odisha, India |
| Issuing authority | Defence Research and Development Organisation |
| Policy/series name | Indigenous missile propulsion development |
| Key figures | DRDO scientists and defence research teams |
| Purpose/reason | To validate advanced propulsion for long-range air-to-air missiles |
| Feature details | Air-breathing propulsion, sustained thrust, high-speed performance |
| Validity or status | Successfully demonstrated and validated |
| Strategic/significant value | Places India among select nations with SFDR capability and strengthens air combat preparedness |
International Affairs – Daily Current Affairs February 04
13. What is the theme of the World Government Summit 2026 held in Dubai?
A) Rethinking Global Trade
B) Building Digital Nations
C) Shaping Future Governments
D) Resilient Public Finance
E) Inclusive Innovation
Answer: C) Shaping Future Governments
Event and Location:
- Event: World Government Summit 2026 with focus on governance innovation
- Location: Dubai, United Arab Emirates
- Date: February 4–5, 2026
Mandates and Objectives:
- Mandates: To convene world leaders, policymakers, and experts to discuss the transformation of governance through technology, innovation, and cooperation.
- Objectives: To shape future-ready governments, improve public sector effectiveness, foster economic resilience, promote global cooperation, and harness emerging technologies for inclusive development.
Important Terms Explained:
- World Government Summit: An annual global platform hosted by UAE bringing together decision-makers to discuss trends in public policy and governance.
- Artificial Intelligence (AI): A key emerging technology discussed as an economic driver, expected to enhance productivity and improve public services.
- Green Finance: Investments and fiscal strategies that support environmental sustainability, highlighted under public finance and climate governance topics.
Tabular Summary:
| Parameter | Details |
| Event name | World Government Summit 2026 |
| Announcement date | February 4, 2026 |
| Location | Dubai, United Arab Emirates |
| Issuing authority | World Government Summit Organization & UAE Govt |
| Policy/series name | Shaping Future Governments |
| Key figures | 60+ Heads of State, 500+ Ministers, 87 Nobel Laureates, 700 CEOs |
| Purpose/reason | To discuss future of governance amid economic, tech and social transitions |
| Feature details | 445+ sessions, focus on AI, finance, climate, leadership, cooperation |
| Validity or status | Ongoing international policy platform (annual summit) |
| Strategic value | Sets global policy priorities, enables multilateral partnerships, supports governance innovation |
14. Which Indian institution has been designated as the India Centre for the BRICS Centre for Industrial Competencies (BCIC)?
A) NITI Aayog
B) MSME Development Institute
C) National Productivity Council
D) FICCI
E) Quality Council of India
Answer: C) National Productivity Council
Event and Location:
- Event: India joins BRICS Centre for Industrial Competencies
- Location: Vanijya Bhavan, New Delhi
- Date: February 4, 2026
Mandates and Objectives:
- Mandates: India formally joined BCIC by signing a Trust Fund Agreement with UNIDO
- Objectives: To strengthen Industry 4.0 competencies, support MSMEs, and foster industrial cooperation among BRICS nations
Important Terms Explained:
- BRICS Centre for Industrial Competencies (BCIC): A multilateral platform to boost manufacturing modernization, Industry 4.0 adoption, and MSME support across BRICS countries
- Industry 4.0: The fourth industrial revolution, involving integration of digital technologies like IoT, AI, robotics, and data analytics into manufacturing
- National Productivity Council (NPC): A body under DPIIT, designated as India’s nodal institution for implementing BCIC programs and training initiatives
Tabular Summary:
| Parameter | Details |
| Event name | India joins BRICS Centre for Industrial Competencies (BCIC) |
| Announcement date | February 4, 2026 |
| Location | Vanijya Bhavan, New Delhi |
| Issuing authority | DPIIT, Ministry of Commerce & Industry |
| Partner organization | United Nations Industrial Development Organization (UNIDO) |
| Trust Fund Signatories | Shri Agrim Kaushal (DPIIT), Dr. Cristiano Pasini (UNIDO) |
| Designated India Centre | National Productivity Council (NPC) |
| Key focus areas | Industry 4.0, MSME development, tech transfer |
| Strategic relevance | Strengthens BRICS cooperation and manufacturing modernization |
| Support to MSMEs | Training, certification, adoption of smart technologies |
| Long-term objective | Make India a global manufacturing and Industry 4.0 hub |
15. What was the record bilateral trade value between India and China in 2025?
A) USD 123.5 billion
B) USD 140.2 billion
C) USD 155.6 billion
D) USD 162.3 billion
E) USD 147.8 billion
Answer: C) USD 155.6 billion
Event and Location:
- Event: India-China bilateral trade reaches record USD 155.6 billion
- Location: India and China (bilateral trade region)
- Date: Full-year data for 2025, reported in February 2026
Mandates and Objectives:
- Mandates: India and China recorded a record bilateral trade of USD 155.6 billion in 2025.
- Objectives: To enhance economic engagement despite diplomatic tensions and promote mutual growth through managed trade relations.
Important Terms Explained:
- Bilateral Trade: The exchange of goods and services between two countries, measured by total exports and imports.
- Trade Deficit: A situation where a country’s imports from a trading partner exceed its exports to that partner, resulting in a negative trade balance.
- LAC (Line of Actual Control): The de facto border between India and China, subject to ongoing military and diplomatic disputes.
Tabular Summary:
| Parameter | Details |
| Event name | Record India-China trade volume in 2025 |
| Announcement date | February 2026 |
| Location | India and China |
| Issuing authority | Ministry of Commerce and official trade bodies |
| Policy/series name | India-China Bilateral Trade Statistics |
| Key figures | Prime Minister Narendra Modi, President Xi Jinping |
| Purpose/reason | Strengthen economic ties amid diplomatic recalibration |
| Feature details | USD 155.6 billion trade; 12% YoY growth; India’s exports up 9.7% |
| Validity or status | Trade data for full year 2025 |
| Strategic/significant value | Reflects managed cooperation amid geopolitical tensions |
National Affairs – Daily Current Affairs February 04
16. Which organization signed an MoU with the Andhra Pradesh government to set up an exclusive industrial park for women entrepreneurs?
A) CII
B) NITI Aayog
C) SIDBI
D) FICCI Ladies Organisation
E) NABARD
Answer: D) FICCI Ladies Organisation
Event and Location:
- Event: Andhra Pradesh to establish an exclusive women industrial park
- Location: Andhra Pradesh, India
- Date: February 4, 2026 (announcement date)
Mandates and Objectives:
- Mandates: Andhra Pradesh government will set up a 30-acre industrial park dedicated to women entrepreneurs.
- Objectives: To promote women-led businesses, generate local employment, and support the vision of “One Family, One Entrepreneur.”
Important Terms Explained:
- FICCI-FLO: The women’s wing of the Federation of Indian Chambers of Commerce and Industry (FICCI), supporting women entrepreneurship through mentoring, networking, and advocacy.
- APIIC: Andhra Pradesh Industrial Infrastructure Corporation, responsible for developing and managing industrial infrastructure across the state.
- One Family, One Entrepreneur: A vision led by CM N. Chandrababu Naidu to promote entrepreneurship at the household level, especially among women.
Tabular Summary:
| Parameter | Details |
| Event name | Andhra Pradesh to set up exclusive women industrial park |
| Announcement date | February 4, 2026 |
| Location | Andhra Pradesh |
| Issuing authority | Andhra Pradesh Government |
| Policy/series name | One Family, One Entrepreneur |
| Key figures | CM N. Chandrababu Naidu |
| Purpose/reason | To promote women-led businesses and empower female entrepreneurs |
| Feature details | 30-acre park, support by FICCI-FLO and APIIC |
| Validity or status | Under planning and development |
| Strategic/significant value | Boosts women entrepreneurship and supports MSME growth |
17. Where was India’s first LNG–Diesel dual-fuel DEMU train launched by Indian Railways?
A) Varanasi
B) New Delhi
C) Ahmedabad
D) Secunderabad
E) Bhopal
Answer: C) Ahmedabad
Event and Location:
- Event: Launch of India’s first LNG–Diesel dual-fuel DEMU train
- Location: Sabarmati, Ahmedabad, Gujarat
- Date: February 4, 2026 (operational launch date)
Mandates and Objectives:
- Mandates: Indian Railways launched a dual-fuel DEMU train using LNG and diesel for passenger services.
- Objectives: To reduce emissions, improve energy efficiency, and promote sustainable rail transport.
Important Terms Explained:
- LNG (Liquefied Natural Gas): A clean-burning alternative fuel that reduces greenhouse gas emissions compared to diesel.
- DEMU (Diesel Electric Multiple Unit): A self-propelled train using diesel engines, commonly used for short-distance passenger routes.
- Dual-Fuel System: A fuel setup where two fuels—typically diesel and LNG—are used together to power an engine, improving efficiency and reducing emissions.
Tabular Summary:
| Parameter | Details |
| Event name | Launch of India’s first LNG–Diesel dual-fuel DEMU train |
| Announcement date | February 4, 2026 |
| Location | Sabarmati, Ahmedabad, Gujarat |
| Issuing authority | Indian Railways |
| Policy/series name | Sustainable Rail Transport Initiative |
| Key figures | Indian Railways, Railway Board |
| Purpose/reason | Promote eco-friendly, cost-effective rail operations |
| Feature details | 1,400 HP dual-fuel power cars, 40% LNG substitution |
| Validity or status | Operational and running in regular passenger service |
| Strategic/significant value | Reduces emissions and diesel use, supports net-zero goals |
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