Daily Current Affairs February 16

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 16. 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 16| Daily Current Affairs 2023

Important Days – Daily Current Affairs February 16

1. World Anthropology Day observed on__________?
A) 15 February
B) 16 February
C) 17 February
D) 18 February
E) None of these
Answer: B) 16 February

  • DAY : World Anthropology Day
  • DATE : 16 February
  • OTHERS : The day is designated to honour the untapped area and educate the general public about anthropology. However, let’s first define anthropology before moving on to the history and significance of World Anthropology Day.

Obituary – Daily Current Affairs February 16

2. Indian legend Tulsidas Balaram dies aged 85 and he belongs which game?
A) Cricket
B) Football
C) Tennis
D) Athlete
E) None of these
Answer: B) Football

  • Asian Games gold medallist and Olympian Tulsidas Balaram, a part of Indian football’s ‘holy trinity’ in the 1950s and 60s, died here on Thursday after a prolonged illness, sources close to his family said.
  • Balaram belonged to the golden generation of Indian football and teamed up with legends such as Chuni Goswami and PK Banerjee to forge a formidable partnership upfront.
  • Balaram was 85 and he remained a bachelor, living in a flat on the banks of Hooghly river in Uttarpara, West Bengal.

Banking and Finance – Daily Current Affairs February 16

3. RBI gave in-principle nod to how many aggregators to act as online payment aggregator?
A) 31
B) 32
C) 33
D) 34
E) None of these
Answer: B) 32

  • The Reserve Bank of India (RBI) has granted ‘in-principal approval’ to thirty two existing payment aggregators to act as online payment aggregators.
  • The central bank said applications are under process for an additional 18 existing payment aggregators.
  • Amazon (Pay) India Pvt Ltd, Google India Digital Services Pvt Ltd, Reliance Payment Solutions Ltd, Cashfree Payments, Pine Labs, Razorpay Software Private Limited, Zomato Payments Pvt Ltd, among others have been granted in-principle authorisation.

 

Reserve Bank of India (RBI):

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

 


4. Who launched collateral-free daily instalment loans for SMEs?
A) Bajaj Finance Limited
B) Aditya Birla Finance
C) Muthoot FinCorp
D) Citicorp Finance
E) None of these
Answer: C) Muthoot FinCorp

  • Muthoot FinCorp has launched ‘Vyapar Mitra Business Loans’ to provide working capital and business loans to micro and small businesses, including traders, business owners and self-employed individuals.
  • These loans may be availed based on daily cash flows and without any additional collateral, Income Tax Return papers or prior CIBIL score records, the company said in a release.

5. Which bank launched Amrit Kalash Deposit and Senior citizens can earn up to 7.6% FD interest rate?
A) UCO Bank
B) ICICI Bank
C) SBI
D) IDBI Bank
E) None of these
Answer: C) SBI

  • State Bank of India (SBI) has launched a new retail term deposit scheme with a specific duration and benefits like a higher interest rate called the Amrit Kalash Deposit.
  • This new deposit scheme is valid from February 15, 2023, to March 31, 2023
    Interest rate offered on this tenure is 7.10% for regular citizens, 7.60% for senior citizens.
  • The period of the deposit is 400 days.
  • According to an SBI tweet, “Introducing “Amrit Kalash Deposit” for domestic and NRI customers with attractive interest rates, 400 days tenure and much more. *T&C Apply.”

6. Which Bank customers can link Rupay credit cards to UPI?
A) HDFC Bank
B) ICICI Bank
C) Canara Bank
D) IDBI Bank
E) None of these
Answer: A) HDFC Bank

  • HDFC Bank has become the first private sector lender to offer its customers the option to use their Rupay credit cards on the unified payments interface (UPI).
  • Till last year, UPI was being linked to savings accounts from where the payments used to be debited.
  • From now on, HDFC Bank Rupay credit cards can be linked to a UPI ID enabling a customer to use the credit card on popular payments platforms.
  • The bank’s country head for payments Parag Rao said this move will offer customers even more flexibility and convenience to make digital payments.

Appointments – Daily Current Affairs February 16

7. Who will be new Vice Chief of Army?
A) MV Suchindra Kumar
B) Bipin Rawat
C) Manoj Mukund
D) Manoj Pande
E) None of these
Answer: A) MV Suchindra Kumar

  • Lt Gen MV Suchindra Kumar has been appointed as the new Vice Chief of Army Staff, official sources said .
  • He is currently serving as the Deputy Chief of Army Staff (Strategy) in the Army Headquarters.
  • Lt Gen Kumar will succeed Lt Gen B S Raju who has been appointed as the Jaipur- headquartered South Western Army Commander.

Science and Technology – Daily Current Affairs February 16

8. Union Cabinet approved construction of Shinkun La tunnel to provide all-weather connectivity to _________?
A) Ladakh
B) Assam
C) Haryana
D) All the above
E) None of these
Answer: A) Ladakh

  • The Union Cabinet gave its nod for the construction of the 4.1-km Shinkun La tunnel on the Nimu-Padam-Darcha road link to provide all-weather connectivity to the border areas of Ladakh. Providing details of the cabinet decision, Union minister Anurag Thakur said the tunnel will be completed by December 2025 at a cost of Rs 1,681 crore.
  • The length of the tunnel will be 4.1 km. An approach will also be built by December 2025.

9. Who get DGCA nod for indigenously developed “black boxes”?
A) Garuda Aerospace
B) HAL
C) DRDO
D) All the above
E) None of these
Answer: B) HAL

  • The Hindustan Aeronautics Ltd said it has received the Indian Technical Standard Order (ITSO) authorisation from Directorate General of Civil Aviation for its indigenously developed Cockpit Voice Recorder (CVR) and Flight Data Recorder (FDR).
  • The ITSO is a minimum performance standard for specified materials, parts, processes, and appliances used on civil aircraft, the Bengaluru-headquartered HAL noted in a statement.
  • CVR and FDR are popularly known as ‘black boxes’.
  • However, these recorders are painted in orange colour to help in their recovery following an aircraft accident.

Environment and Energy- Daily Current Affairs February 16

10. Who announced the translocation of twelve Cheetahs from South Africa to India?
A) Amit Shah
B) Narendra Modi
C) Rajnath Singh
D) Bhupender Yadav
E) None of these
Answer: D) Bhupender Yadav

  • Union Minister of Environment, Forest and Climate change, Shri Bhupender Yadav, announced the translocation of twelve Cheetahs from South Africa to India on 18th February 2023.
  • The Cheetahs will be translocated to Kuno National Park in Madhya Pradesh.
  • Addressing the media on this occasion Shri Yadav said that bringing the Cheetah back to India will help in restoring the nation’s natural heritage.
  • He also thanked the Defence Ministry and the Indian Air Force for extending full support for the translocation. Shri Yadav also mentioned about the various initiatives taken up by the ministry in the areas of wildlife conservation including Project Cheetah, LIFE concept and its sustainability, Green growth namely Green Credit, Mishti – for mangrove conservation and Gaj Utsav among others.

11. Who developed energy-efficient system to transport coal, minerals?
A) IIT Kanpur
B) IIT Bombay
C) IIT Delhi
D) IIT Patna
E) None of these
Answer: A) IIT Kanpur

  • The Indian Institute of Technology (IIT) Kanpur has developed an energy-efficient compressed air-based pipeline system for transporting coal and minerals, offering round-the-clock monitoring with considerable savings in time and costs .
  • The cargo-based hyperloop system, developed by Professor Bishakh Bhattacharya and research scientists Kanhaiya Lal Chaurasia and Yashasvi Sinha at the Department of Mechanical Engineering, will address challenges such as material loss, uncertainty in delivery time and air pollution.

International Affairs – Daily Current Affairs February 16

12. India and which country signed MoU on visa exemption for official passport holders?
A) Fiji
B) Brazil
C) Japan
D) Indonesia
E) None of these
Answer: A) Fiji

  • India and Fiji signed a Memorandum of Understanding (MoU) on visa exemption for holders of diplomatic and official passports.
  • External Affairs Minister S Jaishankar and Fiji’s Prime Minister Sitiveni Rabuka witnessed the MoU exchange.
  • Jaishankar on the occasion said: “I just signed and exchanged the visa waiver agreement. It will be helpful in encouraging greater travel between our two countries.”

13. India elected chair of which session of UN Commission for Social Development?
A) 61st
B) 62nd
C) 63rd
D) 64th
E) None of these
Answer: B) 62nd

  • India has been elected chair of the 62nd session of the UN Commission for Social Development (CSocD). Permanent Representative of India to the United Nations, Ambassador Ruchira Kamboj accepted the chairpersonship at the UN Headquarters in New York .
  • This is the first time since 1975 that India has become Chair of the Commission for Social Development, according to a release issued by the Indian Permanent Mission to the UN.
  • The Commission for Social Development is a functional commission of the Economic and Social Council.
  • The Commission serves as the primary inter-governmental body to deliberate upon and strengthen international cooperation on social development issues, according to the official release.

National Affairs – Daily Current Affairs February 16

14. Who inaugurated “Aadi Mahotsav” to showcase tribal culture, pays tribute to freedom fighter Birsa Munda?
A) Amit Shah
B) Narendra Modi
C) Rajnath Singh
D) Ashwini Vaishnaw
E) None of these
Answer: B) Narendra Modi

  • Prime Minister Narendra Modi inaugurated “Aadi Mahotsav”, the mega National Tribal Festival at Major Dhyan Chand National Stadium here in the national capital.
  • He also paid floral tribute to tribal freedom fighter Birsa Munda.
  • Birsa Munda, who belonged to the Munda tribe, was born on November 15 in 1875.
  • During British rule in the late 19th century, he spearheaded an Indian tribal religious Millenarian movement across the tribal belt of modern-day Bihar and Jharkhand.

15. Which state Government will Host Investment Drive in Chennai, Ahead of Global Investment Summit 2023?
A) Arunachal Pradesh
B) Madhya Pradesh
C) Uttar Pradesh
D) Andhra Pradesh
E) None of these
Answer: D) Andhra Pradesh

  • The government of Andhra Pradesh is gearing up to host another investor meet in Chennai next, on February 17th, 2023, as part of its efforts to attract businesses and investors to the upcoming Andhra Pradesh Global Investment Summit (GIS) 2023.
  • The event in Chennai follows a successful event held in Bengaluru on February 14th, 2023, which was preceded by an equally triumphant curtain-raiser event in New Delhi on January 31st.
  • The investor drive has been carefully designed to give businesses and investors a taste of what’s to come at the summit, which is set to take place in Visakhapatnam on March 3-4, 2023.
  • Under the theme of ”Advantage Andhra Pradesh – Where Abundance Meets Prosperity” the summit will showcase the state’s strong industrial base, robust presence of MSMEs and start-ups, and investor-friendly atmosphere.


Over All Review

Important Days

  • 16 February- World Anthropology Day.

Obituary

  • Indian football legend Tulsidas Balaram dies aged 85.

Banking and Finance 

  • RBI gives in-principle nod to 32 aggregators to act as online payment aggregator.
  • Muthoot FinCorp launches collateral-free daily instalment loans for SMEs.
  • SBI launches Amrit Kalash Deposit; Senior citizens can earn up to 7.6% FD interest rate.
  • HDFC Bank customers can link Rupay credit cards to UPI.

Appointments

  • Lt Gen MV Suchindra Kumar to be new Vice Chief of Army.

Science and Technology

  • Union Cabinet approves construction of Shinkun La tunnel to provide all-weather connectivity to Ladakh.
  • HAL gets DGCA nod for indigenously developed “black boxes”.

Environment and Energy

  • Shri Bhupender Yadav announces the translocation of twelve Cheetahs from South Africa to India.
  • IIT Kanpur develops energy-efficient system to transport coal, minerals.

International Affairs

  • India, Fiji sign MoU on visa exemption for official passport holders.
  • India elected chair of 62nd session of UN Commission for Social Development.

National Affairs

  • PM Modi inaugurates “Aadi Mahotsav” to showcase tribal culture, pays tribute to freedom fighter Birsa Munda.
  • Andhra Pradesh Government to Host Investment Drive in Chennai, Ahead of Global Investment Summit 2023.

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