Daily Current Affairs February 06
Table of Contents
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February 06 | Daily Current Affairs 2025
Important Days – Daily Current Affairs February 06
1. What is the 2026 theme of the International Day of Zero Tolerance for Female Genital Mutilation (FGM)?
A) Stop Gender-Based Violence
B) Empower Girls, End FGM
C) Health, Rights, and Dignity for All
D) Towards 2030: No End To FGM Without Sustained Commitment and Investment
E) A Future Without Fear
Answer: D) Towards 2030: No End To FGM Without Sustained Commitment and Investment
Event and Location:
- Event: International Day of Zero Tolerance for Female Genital Mutilation 2026 observed
- Location: Observed globally
- Date: February 6, 2026
Mandates and Objectives:
- Mandates: The United Nations, through agencies like UNFPA and UNICEF, observed the International Day of Zero Tolerance for FGM with a renewed call for action under the 2026 theme.
- Objectives: To raise global awareness, strengthen political will, and mobilize funding to eliminate Female Genital Mutilation (FGM) by 2030 as part of the Sustainable Development Goals (SDGs).
Important Terms Explained:
- Female Genital Mutilation (FGM): A human rights violation involving non-medical procedures that alter or injure female genital organs, leading to severe physical and psychological harm.
- UNFPA–UNICEF Joint Programme: A global initiative aimed at eliminating FGM through legal reforms, survivor support, youth engagement, and community education.
- Sustainable Development Goals (SDGs): A set of global targets by the United Nations to be achieved by 2030, including Goal 5 on gender equality and elimination of harmful practices like FGM.
Tabular Summary:
| Parameter | Details |
| Event name | International Day of Zero Tolerance for FGM 2026 |
| Announcement date | February 6, 2026 |
| Location | Global observance |
| Issuing authority | United Nations, UNFPA–UNICEF Joint Programme |
| Policy/series name | Global campaign against Female Genital Mutilation (FGM) |
| Key figures | Natalia Kanem (UNFPA), Catherine Russell (UNICEF) |
| Purpose/reason | To accelerate global action against FGM and achieve SDG targets by 2030 |
| Feature details | Theme: “Towards 2030: No End To FGM Without Sustained Commitment and Investment” |
| Validity or status | Annual observance to maintain global momentum toward FGM elimination |
| Strategic/significant value | Protects girls’ rights, addresses gender inequality, and promotes long-term health and safety |
Sports – Daily Current Affairs February 06
2. Which team won the Women’s Premier League (WPL) 2026 final by successfully chasing a record target of 204 runs?
A) Delhi Capitals
B) Mumbai Indians
C) UP Warriorz
D) Royal Challengers Bengaluru
E) Gujarat Giants
Answer: D) Royal Challengers Bengaluru
Event and Location:
- Event: Royal Challengers Bengaluru won the WPL 2026 title by chasing a record 204 runs
- Location: Vadodara, India
- Date: February 6, 2026
Mandates and Objectives:
- Mandates: The WPL 2026 final was played between Royal Challengers Bengaluru and Delhi Capitals, where RCB chased down a target of 204 to win their second title.
- Objectives: The match aimed to determine the champion of the Women’s Premier League 2026 and showcased the growth, competitiveness, and rising standards of women’s cricket in India.
Important Terms Explained:
- WPL (Women’s Premier League): A professional women’s T20 cricket league in India started in 2023, featuring franchise-based teams backed by IPL franchises.
- Orange Cap: An award presented to the player with the most runs in a season of the WPL. In 2026, it was won by Smriti Mandhana.
- Purple Cap: An award given to the bowler with the most wickets in a WPL season. In 2026, it was claimed by Sophie Devine.
Tabular Summary:
| Parameter | Details |
| Event name | Royal Challengers Bengaluru clinched WPL 2026 title |
| Announcement date | February 6, 2026 |
| Location | Vadodara, India |
| Issuing authority | Women’s Premier League (WPL) |
| Policy/series name | Women’s Premier League 2026 |
| Key figures | Smriti Mandhana, Georgia Voll, Sophie Devine |
| Purpose/reason | To crown the WPL 2026 champion and celebrate top-performing individuals |
| Feature details | RCB chased 204, highest successful chase in WPL or IPL final |
| Validity or status | Concluded event; RCB crowned WPL 2026 champions |
| Strategic/significant value | Strengthens RCB’s standing in women’s cricket and intensifies MI-RCB rivalry |
3. Which Indian duo won the silver medal in the 10m air pistol mixed team event at the Asian Rifle/Pistol Championship 2026?
A) Rashmika Sahgal and Vanshika Chaudhary
B) Samrat Rana and Suruchi Singh
C) Priyanshi Purva and Chahek Kohla
D) Agam Grewal and Shiksha Saran
E) Deepak Kumar and Manu Bhaker
Answer: B) Samrat Rana and Suruchi Singh
Event and Location:
- Event: Samrat Rana and Suruchi Singh win silver in 10m air pistol mixed team event
- Location: New Delhi, India
- Date: February 6, 2026 (within Day 2 of competition)
Mandates and Objectives:
- Mandates: India is participating in the Asian Rifle/Pistol Championship 2026, with top shooters competing across senior, junior, and youth categories.
- Objectives: To achieve dominance in shooting sports at the continental level, promote youth talent, and strengthen India’s Olympic shooting pipeline.
Important Terms Explained:
- 10m Air Pistol Mixed Team Event: A shooting competition where male and female shooters pair up to shoot 10m air pistols. The combined score determines the medal outcome.
- Asian Rifle/Pistol Championship: A continental shooting tournament governed by the Asian Shooting Confederation, held annually to promote excellence in shooting sports across Asia.
- 1–2 Finish: When two athletes from the same country win gold and silver in the same event, reflecting dominance and depth in that discipline.
Tabular Summary:
| Parameter | Details |
| Event name | Asian Rifle/Pistol Championship 2026 |
| Announcement date | February 6, 2026 |
| Location | New Delhi, India |
| Issuing authority | Asian Shooting Confederation |
| Policy/series name | Asian Shooting Championship Series |
| Key figures | Samrat Rana, Suruchi Singh, Rashmika Sahgal, Priyanshi Purva |
| Purpose/reason | To promote excellence and medal-winning consistency in international shooting |
| Feature details | India won 10 gold, 5 silver, and 1 bronze after two days |
| Validity or status | Ongoing championship |
| Strategic/significant value | Strengthens India’s status in shooting; reflects investment in youth and elite sport |
4. Who scored a record-breaking 175 in the ICC Under-19 World Cup 2026 final?
A) Raj Bawa
B) Ambati Rayudu
C) Yash Dhull
D) Vaibhav Sooryavanshi
E) Dewald Brevis
Answer: D) Vaibhav Sooryavanshi
Event and Location:
- Event: Vaibhav Sooryavanshi scores record 175 in U-19 World Cup Final
- Location: ICC U-19 Men’s Cricket World Cup Final, South Africa
- Date: 6 February 2026
Mandates and Objectives:
- Mandates: India’s U-19 opener Vaibhav Sooryavanshi scored 175 off 80 balls against England in the World Cup final, setting a new record for the highest score in a U-19 World Cup final.
- Objectives: To secure India’s dominance in the final, break historical records, and showcase emerging talent in global youth cricket.
Important Terms Explained:
- Under-19 World Cup: An ICC-organised biennial tournament featuring youth teams from cricket-playing nations, aimed at developing future international stars.
- Strike Rate: A metric in cricket representing the number of runs scored per 100 balls faced; Sooryavanshi’s strike rate was a massive 218.75 in the final.
- Youth ODI Records: Statistical milestones in one-day matches played at the U-19 level, including most runs, centuries, and sixes.
Tabular Summary:
| Parameter | Details |
| Event name | ICC Under-19 Men’s Cricket World Cup Final 2026 |
| Announcement date | 6 February 2026 |
| Location | South Africa |
| Issuing authority | International Cricket Council (ICC) |
| Policy/series name | ICC U-19 Men’s Cricket World Cup |
| Key figures | Vaibhav Sooryavanshi, Raj Bawa, Ambati Rayudu |
| Purpose/reason | To win the U-19 title and highlight emerging cricket talent |
| Feature details | 175 runs off 80 balls, 15 fours and 15 sixes, highest ever in U-19 final |
| Validity or status | Record achieved and stands as of February 2026 |
| Strategic/significant value | Showcases India’s cricketing depth and rising youth talent pipeline |
Banking and Finance – Daily Current Affairs February 06
5. What was the repo rate decision made by the RBI during the February 2026 Monetary Policy Committee meeting?
A) Increased to 6.00%
B) Decreased to 4.50%
C) Kept unchanged at 5.25%
D) Increased to 5.50%
E) Decreased to 5.00%
Answer: C) Kept unchanged at 5.25%
Event and Location:
- Event: RBI MPC keeps repo rate unchanged at 5.25% with neutral stance
- Location: Nationwide (India)
- Date: February 6, 2026
Mandates and Objectives:
- Mandates: The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) held its 59th meeting and unanimously decided to keep the repo rate steady at 5.25% while maintaining a neutral policy stance.
- Objectives: To balance inflation control with support for economic growth, allowing flexibility to adjust policy based on incoming economic data.
Important Terms Explained:
- Repo Rate: The rate at which RBI lends money to commercial banks against government securities. It is currently unchanged at 5.25%.
- Neutral Stance: A monetary policy stance where the RBI is not biased toward either increasing or decreasing rates, and decisions will be based on evolving macroeconomic conditions.
- Monetary Policy Committee (MPC): A six-member committee of the RBI that decides key interest rates and monetary policy stance to ensure price stability and economic growth.
Tabular Summary:
| Parameter | Details |
| Event name | RBI MPC February 2026 Repo Rate Decision |
| Announcement date | February 6, 2026 |
| Location | India |
| Issuing authority | Reserve Bank of India |
| Policy/series name | RBI Monetary Policy – 59th MPC Meeting |
| Key figures | Sanjay Malhotra (RBI Governor) |
| Purpose/reason | To ensure inflation remains under control while supporting economic growth |
| Feature details | Repo rate: 5.25%, Neutral stance, GDP and inflation projections released |
| Validity or status | Active until next MPC meeting (April 6–8, 2026) |
| Strategic/significant value | Promotes financial stability, eases loan pressure, and guides future rate actions |
6. What is a major feature of the newly launched PNB LUXURA Metal Credit Card on the Visa Infinite platform?
A) Lifetime free card without charges
B) Cashback on fuel spends
C) Zero forex markup and unlimited lounge access
D) Monthly reward limit of 1,000 points
E) Domestic use only
Answer: C) Zero forex markup and unlimited lounge access
Event and Location:
- Event: Launch of PNB LUXURA Metal Credit Card on Visa Infinite platform
- Location: Applicable across India and globally for usage
- Date: February 6, 2026
Mandates and Objectives:
- Mandates: Punjab National Bank introduced the premium PNB LUXURA Metal Credit Card on the Visa Infinite platform with luxury travel, lifestyle, and global spending benefits.
- Objectives: The goal is to attract high-income customers by offering global acceptance, zero forex charges, unlimited airport lounge access, and luxury hotel benefits.
Important Terms Explained:
- PNB LUXURA Metal Credit Card: A high-end metal credit card offering premium rewards, travel benefits, and international privileges targeted at high-spending customers.
- Visa Infinite: A premium credit card network by Visa that offers concierge services, global acceptance, and exclusive lifestyle and travel privileges.
- Zero Forex Markup: A feature that allows international transactions without any additional currency conversion fee, making it ideal for global travelers.
Tabular Summary:
| Parameter | Details |
| Event name | Launch of PNB LUXURA Metal Credit Card |
| Announcement date | February 6, 2026 |
| Location | India (usage globally via Visa Infinite) |
| Issuing authority | Punjab National Bank |
| Policy/series name | PNB LUXURA Metal Credit Card on Visa Infinite |
| Key figures | Atul Kumar Goel (MD & CEO, PNB) |
| Purpose/reason | To cater to high-net-worth customers with global lifestyle and travel needs |
| Feature details | Zero forex markup, unlimited lounge access, hotel privileges, concierge |
| Validity or status | Currently active and available for eligible customers |
| Strategic/significant value | Strengthens PNB’s positioning in the premium credit card segment |
7. As of January 30, 2026, what is the record high level of India’s foreign exchange reserves as announced by the RBI?
A) $709.4 billion
B) $682.3 billion
C) $699.1 billion
D) $723.8 billion
E) $710.2 billion
Answer: D) $723.8 billion
Event and Location:
- Event: India’s foreign exchange reserves touch all-time high of $723.8 billion
- Location: Mumbai, India (RBI Governor’s speech)
- Date: February 6, 2026 (data as of January 30, 2026)
Mandates and Objectives:
- Mandates: RBI Governor Sanjay Malhotra announced that India’s forex reserves reached a historic high of $723.8 billion, surpassing all previous records.
- Objectives: To highlight India’s external sector strength, provide over 11 months of import cover, and reinforce investor confidence in India’s ability to manage global uncertainties and economic shocks.
Important Terms Explained:
- Foreign Exchange Reserves (Forex Reserves): Assets held by the RBI in foreign currencies including USD, Euro, Pound, and Gold, used to support monetary policy, currency stability, and international trade.
- Import Cover: A measure of how many months of imports can be financed using current forex reserves; over 11 months is considered a sign of strong external stability.
- Foreign Currency Assets (FCAs): The largest component of India’s forex reserves, comprising foreign government securities and currencies held by the RBI.
Tabular Summary:
| Parameter | Details |
| Event name | India’s foreign exchange reserves hit all-time high |
| Announcement date | February 6, 2026 (data as of January 30, 2026) |
| Location | Mumbai, India |
| Issuing authority | Reserve Bank of India |
| Policy/series name | RBI Monetary and External Sector Report |
| Key figures | Sanjay Malhotra (RBI Governor) |
| Purpose/reason | Strengthen confidence in India’s external sector and currency management |
| Feature details | Forex reserves at $723.8 billion; over 11 months of import cover |
| Validity or status | Data as of Jan 30, 2026; official update in February 2026 |
| Strategic/significant value | Enhances India’s credibility, protects against external shocks, stabilizes Rupee |
8. What key action is RBI planning to take to protect bank customers from small-value digital frauds and mis-selling?
A) Introduce a new credit rating framework
B) Increase cash withdrawal limits
C) Draft new rules for fraud compensation and loan recovery
D) Launch a digital-only banking license model
E) Allow private credit bureaus to regulate banks
Answer: C) Draft new rules for fraud compensation and loan recovery
Event and Location:
- Event: RBI announces draft rules to protect customers from digital fraud and mis-selling
- Location: Mumbai, India
- Date: February 6, 2026
Mandates and Objectives:
- Mandates: The Reserve Bank of India (RBI) is preparing draft rules to compensate customers for small-value banking frauds, curb mis-selling of financial products, and harmonize loan recovery guidelines across banks and NBFCs.
- Objectives: To modernize customer protection frameworks, ensure fair treatment in digital transactions, enhance transparency in financial product sales, and standardize recovery agent practices in line with rising fintech and digital banking risks.
Important Terms Explained:
- Small-Value Fraud Compensation Framework: A proposed set of rules that define how and when banks must compensate customers for minor fraudulent transactions, aiming to reduce liability disputes.
- Mis-selling: The act of selling financial products (like insurance or mutual funds) that are unsuitable for a customer’s risk profile or financial needs, often through misleading or high-pressure sales tactics.
- Loan Recovery Guidelines Harmonization: RBI’s move to introduce uniform rules for all banks and NBFCs on how recovery agents are engaged, monitored, and held accountable, to protect borrower rights.
Tabular Summary:
| Parameter | Details |
| Event name | RBI announces draft guidelines for customer protection |
| Announcement date | February 6, 2026 |
| Location | Mumbai, India |
| Issuing authority | Reserve Bank of India |
| Policy/series name | RBI Draft Rules – Fraud Compensation, Mis-selling, Loan Recovery |
| Key figures | Sanjay Malhotra (RBI Governor) |
| Purpose/reason | To modernize financial consumer protection in response to digital growth |
| Feature details | New compensation norms, anti-mis-selling rules, unified recovery guidelines |
| Validity or status | Draft rules to be released for public consultation |
| Strategic/significant value | Enhances trust in digital banking, protects consumers, standardizes financial conduct |
9. From April 1, 2026, what is the new collateral-free loan limit for Micro and Small Enterprises (MSEs) as per RBI’s latest MPC decision?
A) ₹10 lakh
B) ₹15 lakh
C) ₹18 lakh
D) ₹20 lakh
E) ₹25 lakh
Answer: D) ₹20 lakh
Event and Location:
- Event: RBI MPC doubles collateral-free loan limit for MSEs to ₹20 lakh
- Location: India (applicable nationwide)
- Date: February 6, 2026 (announcement); Effective from April 1, 2026
Mandates and Objectives:
- Mandates: The RBI Monetary Policy Committee (MPC) decided to increase the collateral-free loan limit for Micro and Small Enterprises (MSEs) from ₹10 lakh to ₹20 lakh.
- Objectives: To adjust for inflation, enhance formal credit access, promote financial inclusion, reduce reliance on informal lending, and support employment generation in the MSME sector.
Important Terms Explained:
- Collateral-Free Loan: A loan extended to borrowers without requiring any asset/security to be pledged, aimed at supporting businesses with limited or no assets.
- Micro and Small Enterprises (MSEs): Units defined under the MSME Development Act that operate at a smaller scale and form a critical part of India’s employment and production ecosystem.
- Monetary Policy Committee (MPC): A six-member committee constituted by the RBI to decide key policy rates and macroeconomic measures; headed by the RBI Governor.
Tabular Summary:
| Parameter | Details |
| Event name | Collateral-Free Loan Limit Enhancement for MSEs |
| Announcement date | February 6, 2026 |
| Location | India (applies nationwide) |
| Issuing authority | Reserve Bank of India (RBI) |
| Policy/series name | RBI Monetary Policy Framework for MSMEs |
| Key figures | Sanjay Malhotra (RBI Governor) |
| Purpose/reason | To improve credit flow and support inflation-adjusted capital needs of MSEs |
| Feature details | Loan limit doubled from ₹10 lakh to ₹20 lakh effective April 1, 2026 |
| Validity or status | Applicable to all loans sanctioned/renewed on or after April 1, 2026 |
| Strategic/significant value | Empowers small businesses, boosts employment, and strengthens financial inclusion |
Business and Economy – Daily Current Affairs February 06
10. Which global private equity firm received RBI approval to acquire up to 9.99% stake in Federal Bank in February 2026?
A) Carlyle Group
B) Blackstone
C) KKR
D) Brookfield
E) Warburg Pincus
Answer: B) Blackstone
Event and Location:
- Event: RBI approves Blackstone’s strategic investment in Federal Bank
- Location: India (Federal Bank HQ: Aluva, Kerala)
- Date: February 5, 2026 (approval confirmed)
Mandates and Objectives:
- Mandates: The Reserve Bank of India (RBI) granted approval to Blackstone to acquire up to 9.99% stake in Federal Bank, making it the bank’s largest shareholder.
- Objectives: To strengthen Federal Bank’s capital base, promote foreign participation in Indian banking, and ensure strategic governance without breaching RBI’s shareholding limits.
Important Terms Explained:
- Strategic Investment: A significant equity purchase in a company made with the intention of long-term partnership and potential board influence, but without full operational control.
- Non-Executive Director: A board member who participates in strategic oversight and decision-making without direct involvement in day-to-day operations.
- RBI Shareholding Norms: Regulatory guidelines requiring prior approval for ownership of 5% or more in a private bank, with 9.99% being the upper limit for simplified approval.
Tabular Summary:
| Parameter | Details |
| Event name | RBI approval for Blackstone’s investment in Federal Bank |
| Announcement date | February 5, 2026 |
| Location | India; Federal Bank HQ: Kerala |
| Issuing authority | Reserve Bank of India |
| Policy/series name | RBI Banking Shareholding Compliance |
| Key figures | Stephen Schwarzman (Blackstone), KVS Manian (Federal Bank) |
| Purpose/reason | Strategic equity investment to enhance bank capital and governance |
| Feature details | $700 million investment, board nomination rights, 9.99% stake cap |
| Validity or status | Regulatory clearance granted, deal structure compliant with RBI norms |
| Strategic/significant value | Reflects foreign investor confidence in Indian banks; boosts private banking growth |
Awards – Daily Current Affairs February 06
11. Who won the $1 million Global Teacher Prize 2026 at the World Government Summit in Dubai?
A) Anand Kumar
B) Ranjitsinh Disale
C) Rouble Nagi
D) Salman Khan
E) Dinesh Prasad
Answer: C) Rouble Nagi
Event and Location:
- Event: Rouble Nagi wins the Global Teacher Prize 2026
- Location: World Government Summit, Dubai, United Arab Emirates
- Date: February 6, 2026
Mandates and Objectives:
- Mandates: Indian educator and activist Rouble Nagi was awarded the Global Teacher Prize 2026 with a prize of $1 million, recognizing her innovative and inclusive grassroots education model.
- Objectives: To honour transformative teaching practices, promote inclusive education through community-based learning, and empower children from marginalized backgrounds using creative and non-traditional approaches.
Important Terms Explained:
- Global Teacher Prize: An annual international award launched in 2015 to recognize exceptional educators making an outstanding contribution to the profession; often referred to as the “Nobel Prize for Teaching.”
- Living Walls Model: A method pioneered by Rouble Nagi, where educational murals are painted on slum walls and public spaces to teach basic subjects visually, breaking classroom and literacy barriers.
- Rouble Nagi Art Foundation (RNAF): A non-profit founded by Rouble Nagi that has set up over 800 learning centres across India to deliver education through art, murals, and community engagement.
Tabular Summary:
| Parameter | Details |
| Event name | Global Teacher Prize 2026 awarded to Rouble Nagi |
| Announcement date | February 6, 2026 |
| Location | Dubai, United Arab Emirates |
| Issuing authority | GEMS Education in partnership with World Government Summit |
| Policy/series name | Global Teacher Prize |
| Key figures | Rouble Nagi, Sheikh Hamdan bin Mohammed, UNESCO officials |
| Purpose/reason | To honour innovative, inclusive education initiatives for marginalized children |
| Feature details | $1 million award; 800+ centres; murals for visual education in slums |
| Validity or status | Award officially announced; funds to be used for a free vocational institute |
| Strategic/significant value | Promotes grassroots education, vocational training, and visual learning models |
Science and Technology – Daily Current Affairs February 06
12. Which Indian company launched the wheeled humanoid robot Elixis-W at LogiMAT India 2026?
A) TATA Advanced Systems
B) Larsen & Toubro
C) Bharat Electronics
D) Addverb
E) ISRO
Answer: D) Addverb
Event and Location:
- Event: Launch of Elixis-W wheeled humanoid robot by Addverb
- Location: LogiMAT India 2026, India
- Date: February 6, 2026
Mandates and Objectives:
- Mandates: Indian robotics firm Addverb unveiled Elixis-W, a wheeled humanoid robot designed for logistics and warehouse automation at LogiMAT India 2026.
- Objectives: To promote Make in India, improve warehouse automation through indigenous robotics, reduce manual labor, and support India’s Industry 4.0 vision.
Important Terms Explained:
- Elixis-W: A wheeled humanoid robot developed by Addverb, capable of human-like upper body functions and mobility across warehouse floors for tasks like picking, placing, and transporting materials.
- Industry 4.0: Refers to the fourth industrial revolution characterized by smart automation, digital technologies, and integration of AI, robotics, IoT, and data analytics in manufacturing and logistics.
- Make in India: A government initiative to promote domestic manufacturing, reduce import dependence, and position India as a global manufacturing hub.
Tabular Summary:
| Parameter | Details |
| Event name | Launch of Elixis-W humanoid robot |
| Announcement date | February 6, 2026 |
| Location | LogiMAT India 2026 |
| Issuing authority | Addverb Technologies Pvt. Ltd. |
| Policy/series name | Make in India / Industry 4.0 / Atmanirbhar Bharat |
| Key figures | Sangeet Kumar (CEO, Addverb) |
| Purpose/reason | To revolutionize logistics operations with an indigenous humanoid robot |
| Feature details | Wheeled humanoid design, material handling, AI-powered automation |
| Validity or status | Active product showcased and launched |
| Strategic/significant value | Boosts India’s self-reliance in robotics and strengthens its automation ecosystem |
International Affairs – Daily Current Affairs February 06
13. What was signed between India and the GCC on February 5, 2026, to initiate formal FTA negotiations?
A) Comprehensive Economic Partnership Agreement
B) Joint Strategic Vision Document
C) Terms of Reference for India–GCC Free Trade Agreement
D) Economic Cooperation Protocol
E) Memorandum of Financial Cooperation
Answer: C) Terms of Reference for India–GCC Free Trade Agreement
Event and Location:
- Event: Signing of Terms of Reference for India–GCC Free Trade Agreement
- Location: Vanijya Bhawan, New Delhi, India
- Date: February 5, 2026
Mandates and Objectives:
- Mandates: India and the Gulf Cooperation Council (GCC) signed the Terms of Reference (ToR) to formally begin negotiations for a Free Trade Agreement (FTA).
- Objectives: To establish a structured roadmap for trade talks aimed at reducing tariffs, improving market access, boosting investment, and strengthening long-term economic and strategic ties.
Important Terms Explained:
- Free Trade Agreement (FTA): A pact between two or more countries to reduce or eliminate trade barriers such as tariffs, import quotas, and preferences to enhance the flow of goods and services.
- Terms of Reference (ToR): A foundational agreement outlining the negotiation structure, sectors to be covered, and key goals of the FTA process.
- Gulf Cooperation Council (GCC): A regional political and economic alliance of six Middle Eastern countries aimed at promoting economic and security cooperation.
Tabular Summary:
| Parameter | Details |
| Event name | Signing of Terms of Reference for India–GCC Free Trade Agreement |
| Announcement date | February 5, 2026 |
| Location | Vanijya Bhawan, New Delhi, India |
| Issuing authority | Ministry of Commerce and Industry, Govt. of India and GCC Secretariat |
| Policy/series name | India–GCC Free Trade Agreement |
| Key figures | Ajay Bhadoo, Raja Al Marzouqi, Piyush Goyal, Jitin Prasada, Rajesh Agrawal |
| Purpose/reason | Begin structured negotiations for a balanced trade and investment framework |
| Feature details | Covers goods, services, energy, logistics, digital trade, investment |
| Validity or status | Formal negotiations launched; ToR signed |
| Strategic/significant value | Boosts India’s energy security, trade volume, FDI inflow, and job creation |
14. Which peak is the target of the Indian expedition flagged off by Raksha Mantri Rajnath Singh in February 2026?
A) Mount Elbrus
B) Mount Everest
C) Mount Aconcagua
D) Mount Kilimanjaro
E) Mount Denali
Answer: C) Mount Aconcagua
Event and Location:
- Event: Indian joint expedition to Mount Aconcagua flagged off by Raksha Mantri
- Location: South Block, New Delhi (Flag-off); Mount Aconcagua, Argentina (Expedition site)
- Date: February 5, 2026 (flag-off); Expedition begins February 6, 2026
Mandates and Objectives:
- Mandates: Raksha Mantri Rajnath Singh flagged off a joint NIM–JIM&WS expedition to Mount Aconcagua, involving six elite Indian mountaineers.
- Objectives: To demonstrate India’s mountaineering capabilities, enhance adventure and endurance training, and build leadership and survival skills among trained professionals.
Important Terms Explained:
- Mount Aconcagua: At 6,962 metres, it is the highest peak in South America and outside Asia, located in Argentina’s Andes mountain range.
- NIM (Nehru Institute of Mountaineering): A premier Indian mountaineering institute based in Uttarkashi, training civilians and defence personnel in high-altitude expeditions and survival.
- JIM&WS (Jawahar Institute of Mountaineering and Winter Sports): A leading adventure training institute based in Jammu & Kashmir, offering expertise in snowcraft and winter survival.
Tabular Summary:
| Parameter | Details |
| Event name | India’s Joint Mountaineering Expedition to Mount Aconcagua |
| Announcement date | February 5, 2026 (flag-off) |
| Location | Flagged off from New Delhi; Expedition to Mount Aconcagua, Argentina |
| Issuing authority | Ministry of Defence, Government of India |
| Policy/series name | NIM–JIM&WS Joint Expedition |
| Key figures | Raksha Mantri Rajnath Singh, Col Hem Chandra Singh, Capt G Santhosh Kumar |
| Purpose/reason | To promote endurance, leadership and adventure excellence in mountaineering |
| Feature details | Six-member elite team climbing 6,962m peak, training in survival & snowcraft |
| Validity or status | Expedition begins February 6; concludes end of February 2026 |
| Strategic/significant value | Enhances India’s global mountaineering image and national adventure preparedness |
Schemes – Daily Current Affairs February 06
15. What makes Bharat Taxi distinct as a ride-hailing platform in India?
A) It offers helicopter rides in urban areas
B) It operates fully on cryptocurrency payments
C) It is India’s first cooperative-based, driver-owned ride-hailing platform
D) It provides only luxury car services under a private brand
E) It is run entirely by the Indian Railways
Answer: C) It is India’s first cooperative-based, driver-owned ride-hailing platform
Event and Location:
- Event: Launch of Bharat Taxi as India’s first cooperative ride-hailing platform
- Location: Vigyan Bhavan, New Delhi
- Date: February 6, 2026
Mandates and Objectives:
- Mandates: The Ministry of Cooperation officially launched Bharat Taxi, a cooperative-led, driver-owned ride-hailing platform, covering initial operations in Delhi-NCR and Gujarat.
- Objectives: To promote driver ownership, affordable mobility, reduce platform commission, and offer a people-centric alternative to private mobility companies with a focus on dignity, inclusivity, and transparency.
Important Terms Explained:
- Cooperative Ride-Hailing Platform: A ride-booking system where drivers are not just service providers but stakeholders who share in the platform’s profits and governance, ensuring economic and social empowerment.
- Multi-State Cooperative Societies Act, 2002: The central law under which Bharat Taxi is registered, enabling cooperatives to function across multiple Indian states with legal recognition and shared governance.
- Zero-Surge Pricing: A policy where ride prices remain consistent without increasing during high demand periods, providing fare predictability to commuters.
Tabular Summary:
| Parameter | Details |
| Event name | Launch of Bharat Taxi as cooperative ride-hailing platform |
| Announcement date | February 6, 2026 |
| Location | Vigyan Bhavan, New Delhi; commercial rollout in Delhi-NCR and Gujarat |
| Issuing authority | Ministry of Cooperation, Government of India |
| Policy/series name | Bharat Taxi Initiative under cooperative sector reforms |
| Key figures | Amit Shah (Minister of Cooperation), 2.5 lakh+ drivers joined |
| Purpose/reason | Empower drivers through ownership; provide transparent, affordable rides |
| Feature details | ₹80 to drivers per ₹100, no surge pricing, multi-vehicle booking |
| Validity or status | Commercial rollout started; nationwide expansion over 3 years planned |
| Strategic/significant value | Strengthens cooperative economy; disrupts private mobility monopoly; ensures equitable growth |
16. What was the record participation figure for Pariksha Pe Charcha 2026 as shared by the Government of India?
A) 2.5 crore
B) 3.1 crore
C) 4.5 crore
D) 1.8 crore
E) 5.2 crore
Answer: C) 4.5 crore
Event and Location:
- Event: Prime Minister Modi interacts with record 4.5 crore participants during Pariksha Pe Charcha 2026
- Location: Bharat Mandapam, New Delhi
- Date: February 6, 2026
Mandates and Objectives:
- Mandates: Pariksha Pe Charcha 2026, the 9th edition of the event, was conducted by the Government of India to engage students, parents, and teachers in a conversation about managing exam pressure.
- Objectives: To promote stress-free learning, discourage comparison, encourage holistic education, support mental well-being, and shift focus from marks to curiosity and life-long learning.
Important Terms Explained:
- Pariksha Pe Charcha (PPC): An annual programme started in 2018, where the Prime Minister of India interacts with students, parents, and teachers to address exam-related stress and promote positive learning habits.
- MyGov Portal: A citizen engagement platform through which registrations for PPC 2026 were collected, recording over 4.19 crore students and 24.84 lakh teachers.
- Exam Warrior: A term coined by PM Modi in his book and in PPC to motivate students to face exams with confidence, discipline, and emotional strength.
Tabular Summary:
| Parameter | Details |
| Event name | Pariksha Pe Charcha 2026 (9th edition) |
| Announcement date | February 6, 2026 |
| Location | Bharat Mandapam, New Delhi |
| Issuing authority | Ministry of Education, Govt. of India |
| Policy/series name | Pariksha Pe Charcha |
| Key figures | PM Narendra Modi |
| Purpose/reason | Address exam stress and promote holistic learning |
| Feature details | 4.5 crore participants; live broadcast; nationwide outreach |
| Validity or status | Conducted successfully; annual event |
| Strategic/significant value | Promotes mental wellness, educational reforms, and reduces exam-related anxiety |
National Affairs – Daily Current Affairs February 06
17. Which Indian state became the first to introduce a dedicated Elderly Budget in its FY27 Budget?
A) Tamil Nadu
B) Maharashtra
C) Kerala
D) Gujarat
E) Rajasthan
Answer: C) Kerala
Event and Location:
- Event: Kerala becomes the first Indian state to announce an Elderly Budget for FY27
- Location: Kerala, India
- Date: February 5, 2026 (as part of state Budget presentation)
Mandates and Objectives:
- Mandates: Kerala announced a dedicated Elderly Budget in the FY27 Budget, consolidating all expenditures related to senior citizens into a separate document.
- Objectives: To enhance transparency in elderly welfare spending, facilitate policy planning for demographic ageing, and highlight the financial burden associated with pensions and senior citizen care.
Important Terms Explained:
- Elderly Budget: A budgetary tool that collates all senior citizen-related expenditures—including pensions, healthcare, and social schemes—into a single transparent framework for policymaking.
- Pension Obligations: Statutory payments made to retired government employees, which formed 68% of Kerala’s Elderly Budget allocation.
- Demographic Ageing: A population trend where the proportion of elderly people rises due to longer life expectancy and lower fertility rates, posing fiscal and welfare challenges.
Tabular Summary:
| Parameter | Details |
| Event name | Kerala introduces India’s first Elderly Budget |
| Announcement date | February 5, 2026 (FY27 Budget presentation) |
| Location | Kerala, India |
| Issuing authority | Finance Department, Government of Kerala |
| Policy/series name | Elderly Budget FY27 |
| Key figures | K. N. Balagopal (Finance Minister) |
| Purpose/reason | To consolidate and transparently present senior citizen-related expenditures |
| Feature details | ₹46,236.52 crore allocated; 68% for pensions; 19.07% of total Budget |
| Validity or status | Announced as part of Kerala’s FY27 Budget |
| Strategic/significant value | First-of-its-kind model for India; addresses ageing and fiscal planning needs |
18. What is the name of the new autonomous administrative body formed through a tripartite agreement between the Centre, Nagaland government, and ENPO in February 2026?
A) Eastern Nagaland Development Council
B) Nagaland Regional Autonomy Mission
C) Frontier Nagaland Territorial Authority
D) Nagaland Border Area Commission
E) North-East Territorial Council
Answer: C) Frontier Nagaland Territorial Authority
Event and Location:
- Event: Tripartite agreement signed to form Frontier Nagaland Territorial Authority (FNTA)
- Location: New Delhi (agreement signed); FNTA covers eastern Nagaland
- Date: February 5, 2026
Mandates and Objectives:
- Mandates: The Centre, Nagaland Government, and Eastern Nagaland Peoples Organization (ENPO) signed a pact to establish the Frontier Nagaland Territorial Authority (FNTA) as an autonomous administrative mechanism.
- Objectives: To address the long-pending demand for autonomy in eastern Nagaland, promote inclusive governance, enable focused development, and preserve Nagaland’s territorial integrity without affecting constitutional protections.
Important Terms Explained:
- Frontier Nagaland Territorial Authority (FNTA): A proposed administrative body with financial and functional autonomy covering six eastern Nagaland districts, aimed at accelerating regional development and governance without statehood.
- ENPO (Eastern Nagaland Peoples Organization): An apex tribal body representing eight tribes across eastern Nagaland that led the demand for statehood or autonomy since 2010.
- Article 371(A): A constitutional provision granting special status to Nagaland, protecting its customary laws, land ownership, and socio-religious practices, unaffected by the FNTA agreement.
Tabular Summary:
| Parameter | Details |
| Event name | Formation of Frontier Nagaland Territorial Authority (FNTA) |
| Announcement date | February 5, 2026 |
| Location | New Delhi (signed); Eastern Nagaland (implemented) |
| Issuing authority | Ministry of Home Affairs, Govt. of India |
| Policy/series name | FNTA Agreement |
| Key figures | Amit Shah (Home Minister), Neiphiu Rio (CM, Nagaland), ENPO leaders |
| Purpose/reason | To grant autonomy and focused development to underdeveloped eastern Nagaland |
| Feature details | Covers 6 districts; 46 subjects devolved; mini-secretariat to be created |
| Validity or status | Agreement signed; administrative setup to begin |
| Strategic/significant value | Enhances regional peace, equity, and internal security while protecting Article 371(A) |
19. Which Indian state is the focus of NITI Aayog’s clean energy blueprint aiming to make it a renewable energy hub by 2035?
A) Gujarat
B) Tamil Nadu
C) Rajasthan
D) Andhra Pradesh
E) Maharashtra
Answer: D) Andhra Pradesh
Event and Location:
- Event: NITI Aayog presents draft blueprint to make Andhra Pradesh a clean energy hub by 2035
- Location: Vijayawada, Andhra Pradesh
- Date: February 6, 2026
Mandates and Objectives:
- Mandates: NITI Aayog, under the ASSET platform, presented a draft clean energy roadmap to the Andhra Pradesh government, targeting renewable expansion, infrastructure upgrades, and affordability.
- Objectives: To transform Andhra Pradesh into a leading renewable energy hub, lower electricity costs, attract private investments, support energy exports, and generate large-scale employment aligned with India’s energy transition goals.
Important Terms Explained:
- ASSET (Accelerating Sustainable State Energy Transition): A NITI Aayog initiative helping Indian states plan long-term energy transitions focused on affordability, private sector participation, and climate targets.
- Green Energy Corridor: A specialized transmission network for evacuating renewable power from generation sites to consumption centres, critical for grid integration of clean energy.
- Energy War Room: A dedicated monitoring and execution cell to oversee project implementation, resolve delays, and fast-track clean energy infrastructure rollouts.
Tabular Summary:
| Parameter | Details |
| Event name | Draft blueprint to make Andhra Pradesh a clean energy hub |
| Announcement date | February 6, 2026 (draft submitted to State) |
| Location | Vijayawada, Andhra Pradesh |
| Issuing authority | NITI Aayog |
| Policy/series name | ASSET Energy Transition Platform |
| Key figures | BVR Subrahmanyam (CEO, NITI Aayog), Andhra State officials |
| Purpose/reason | Drive clean energy capacity, affordability, exports, and jobs |
| Feature details | ₹7.5 lakh crore investment, 65+ GW RE targets, ₹4/unit power cost estimate |
| Validity or status | Final roadmap by March 2026; implementation from mid-March 2026 |
| Strategic/significant value | Positions Andhra as a renewable leader; boosts climate goals, energy exports, job creation |
20. Where has Airbus inaugurated a Centre of Excellence focused on Sustainable Aviation Fuel in February 2026?
A) Chennai, Tamil Nadu
B) Visakhapatnam, Andhra Pradesh
C) Vadodara, Gujarat
D) Kochi, Kerala
E) Mangaluru, Karnataka
Answer: C) Vadodara, Gujarat
Event and Location:
- Event: Airbus inaugurated a Centre of Excellence for sustainable aviation research
- Location: Gati Shakti Vishwavidyalaya, Vadodara, Gujarat
- Date: February 6, 2026
Mandates and Objectives:
- Mandates: Airbus has established a Centre of Excellence in partnership with Gati Shakti Vishwavidyalaya (GSV) to promote research, innovation, and education in aerospace.
- Objectives: To accelerate development of Sustainable Aviation Fuel (SAF) technologies, foster student-led innovation, provide skill development, and support India’s Atmanirbhar Bharat and green energy transition in aviation.
Important Terms Explained:
- Centre of Excellence (CoE): A specialised hub launched by Airbus and GSV to focus on cutting-edge aerospace research, particularly sustainable aviation.
- Sustainable Aviation Fuel (SAF): A bio-based fuel that reduces carbon emissions in aviation. SAF can be produced from waste materials like Municipal Solid Waste (MSW).
- Gati Shakti Vishwavidyalaya (GSV): A central university in Vadodara, Gujarat, focused on transport and logistics education and research, under the Ministry of Railways.
Tabular Summary:
| Parameter | Details |
| Event name | Launch of Airbus Centre of Excellence for Sustainable Aviation |
| Announcement date | February 6, 2026 |
| Location | Gati Shakti Vishwavidyalaya, Vadodara, Gujarat |
| Issuing authority | Airbus India, in collaboration with GSV |
| Policy/series name | Centre of Excellence for Sustainable Aviation |
| Key figures | Jürgen Westermeier, Shubhangini Raje Gaekwad, Manoj Choudhary |
| Purpose/reason | Research and development in SAF and aerospace innovation |
| Feature details | SAF research, MSW-to-fuel, scholarships, Airbus Chair Professor post |
| Validity or status | Inaugurated and operational |
| Strategic/significant value | Supports Atmanirbhar Bharat, Viksit Bharat 2047, and green aviation goals |
21. India achieved what percentage of its total installed power capacity from non-fossil fuel sources as of 31 December 2025?
A) 50.00%
B) 48.87%
C) 51.93%
D) 47.15%
E) 53.02%
Answer: C) 51.93%
Event and Location:
- Event: India surpasses 50% non-fossil fuel share in installed power capacity
- Location: Pan-India
- Date: 31 December 2025
Mandates and Objectives:
- Mandates: Government of India achieved 500 GW of non-fossil fuel installed power capacity and surpassed 51.93% share in total installed generation capacity.
- Objectives: To accelerate India’s clean energy transition, ensure energy security, reduce carbon emissions, and achieve Net Zero by 2070.
Important Terms Explained:
- Non-Fossil Fuel Capacity: Refers to power generated from renewable sources like solar, wind, hydro, biomass, waste-to-energy, and nuclear, excluding coal, lignite, gas, and diesel.
- Viability Gap Funding (VGF): Financial support provided by the government to make infrastructure projects, such as Battery Energy Storage Systems (BESS) and Offshore Wind Energy, commercially viable.
- SHANTI Act 2025: Sustainable Harnessing and Advancement of Nuclear energy for Transforming India, a law to promote nuclear energy through public-private partnerships.
- ASSET Platform: Accelerating Sustainable State Energy Transition, NITI Aayog’s initiative to help Indian states plan long-term renewable energy transitions.
- National Green Hydrogen Mission: A national plan to produce at least 5 MMT of green hydrogen annually by 2030, aiding India’s decarbonization goals.
Tabular Summary:
| Parameter | Details |
| Event name | Non-Fossil Fuel Capacity Crosses 51.93% in India |
| Announcement date | 5 February 2026 |
| Location | Pan-India |
| Issuing authority | Ministry of Power, Government of India |
| Policy/series name | Nationally Determined Contributions (NDCs), Paris Agreement |
| Key figures | Shripad Naik, B.V.R. Subrahmanyam |
| Purpose/reason | To achieve clean energy milestones and climate goals |
| Feature details | 500 GW non-fossil capacity achieved, 48,436 MW added in 2025 |
| Validity or status | Achieved and active as of 31 December 2025 |
| Strategic/significant value | Positions India as a global leader in renewables and supports Net Zero 2070 goal |
Over All Review
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