Daily Current Affairs of 05 February 2021

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05.02.2021 current affairs
05.02.2021 current affairs

Here we have given the Today Important Current Affairs 05, February 2021 PDF to prepare for the Competitive Exams (TNPSC, UPSC, SSC, RRB & Banking Exams). This Top Current Affairs will be prepared from Various Sources like PIB, The Hindu, Economic Times, Times of India, PTI, Indian Express & all government websites. Also here we provided the Important Events of the day.

Current Affairs is the Important Part to get a good score in General Awareness Section. So Aspirants must know the current news for the Exam Preparation. In Our Blog, We have given the Latest Trending News about different Facts like International Current Affairs, National Current Affairs, Banking Current Affairs, Sports Current Affairs, etc. For those who want to get a government job, it will be useful for your Preparation. All The Best…

 DAYS

Inventor John Boyd Dunlop Birthday

  • John Boyd Dunlop who was invent the airborne wheel to drive the bicycle first, born on this day (05, Februdary) in1840.
  • Check more details about the important days for various competitive exam preparations by using the link given below

Click Here

NATIONAL

Jammu and Kashmir Reorganisation (Amendment) Bill, 2021 Indroduced:

Minister of State for Home Affairs G Kishan Reddy introduced the Jammu and Kashmir Reorganisation (Amendment) Bill, 2021 in the Rajya Sabha.

  • The bill will replace Jammu and Kashmir Reorganisation (Amendment) Ordinance of 2021 which merged the J & K cadre of the Indian Administrative Service, Indian Police Service, and Indian Forest Service with the AGMUT cadre.
  • Arunachal Pradesh, Goa, Mizoram, and Union Territory cadre, also known as AGMUT cadre.
  • The President had promulgated the ordinance last month to amend the J&K Reorganisation Act, 2019.

About J&K:

  • Lieutenant Governor – Manoj Sinha
  • Capital (Summer)- Srinagar
  • Capital (Winter)- Jammu

DRDO approves 156 Defence Equipment Export:

  • Indian Government has approved 156 defence equipment exports to the friendly nations. DRDO has released the list of these defence equipments.
  • This list include that, 9 aeronautical systems, 16 nuclear-biological-chemical equipment, 41 armament and combat systems, 28 naval systems, 27 electronic and communication systems, 10 life protection items, four missile systems, four micro-electronic devices and seven other material.

About DRDO:

  • Chairman DRDO – Dr. G Satheesh Reddy
  • Headquarters- New Delhi

HAL signs MoU with MIDHANI:

Hindustan Aeronautics Limited (HAL) and Mishra Dhatu Nigam Limited (MIDHANI) have signed a Memorandum of Understanding (MoU) for development and production of composite raw materials during the Aero India 2021 in Bengaluru.

  • This is the first time that such a MoU has been signed for composite raw materials.
  • Composites raw materials, mainly in the form of prepregs used in platforms like Light Combat Aircraft (LCA), Advanced Light Helicopter (ALH), Light Combat Helicopter (LCH) and Light Utility Helicopter (LUH) are currently imported.

About HAL:

  • HAL- Hindustan Aeronautics Limited
  • Chairman and Managing Director – Shri R Madhavan
  • Headquarters- Bengaluru

About MIDHANI:

  • MIDHANI – Mishra Dhatu Nigam Limited
  • Chairman and Managing Director- Dr Sanjay Kumar Jha
  • Headquarters- Hyderabad

MoHUA signed MoU with Zomato:

MoHUA (Ministry of Housing and Urban Affairs) signed MoU with Zomato to onboard street food vendors on its food-tech platform, as a part of Prime Minister Street Vendor’s AtmaNibhar Nidhi (PM SVANidhi) Scheme.

  • This will give street food vendors online access to thousands of consumers and help these vendors grow their businesses.
  • MoHUA launched a Mobile Application for PMSVANidhi se Samriddhi- Socio-economic profiling of PM SVANidhi beneficiaries and their families to link them to various Central Government Schemes

About Ministry of Housing and Urban Affairs:

  • Minister of State (Independent Charge) – Shri Hardeep Singh Puri 

STATE

TN CM inaugurated 5,503 flats cost over of Rs 535 crore

Tamil Nadu Chief Minister Edappadi Palanisamy  inaugurated 5,503 flats constructed at an estimated cost of Rs 535 crore 27 lakh in Chennai, Vellore, Trichy, Thanjavur, Coimbatore, Tiruppur, Erode, Theni, Kanyakumari and Tirunelveli districts.

  • These flats were constructed under Vision Plan 2023 Slumless Cities Plan for the poor households.

About TN:

  • Capital: Chennai
  • CM: Edappadi K. Palaniswami
  • Governor: Banwarilal Purohit

UP Become 1st state to achieve 5 lakh COVID-19 Vacancination:

Uttar Pradesh has become the first state in the country to complete the COVID vaccination of five lakh beneficiaries. Every state in India has been doing their best in COVID vaccination. Up achieve that “The first State to Complete 5 lakh COVID-19 Vacancination in India”.

About Uttar Pradesh:

  • CM – Yogi Adityanath
  • Governor- Anandiben Patel
  • Capital- Lucknow

TN CM laid the foundation stone for various projects worth Rs 2,472 crore 61 lakh:

  • TN Chief Minister Palanisamy laid the foundation stone for the new projects of the Tamil Nadu Drinking Water Drainage Board and the Directorate of Municipalities worth Rs 2,472 crore 61 lakh.
  • The Chief Minister also launched projects worth Rs 1,137 crore 18 lakh on behalf of the Municipal Administration and Water Supply Department.

About TN:

  • Capital: Chennai
  • CM: Edappadi K. Palaniswami
  • Governor: Banwarilal Purohit

 APPOINTMENTS

S.N. Subrahmanyan, appointed as the Chairman of the National Safety Council:

Shri S.N. Subrahmanyan, CEO and Managing Director, L&T Ltd, is appointed as the Chairman of the National Safety Council for a period of three years by the Ministry of Labour & Employment.

  • Shri Subrahmanyan is an eminent engineer who has spearheaded the infrastructure business of L&T for several years making it the country’s largest construction organization and 14th in the world.

About National Safety Council:

  • Chairman- S.N. Subrahmanyan
  • Located in- Karnataka

Siddhartha Mohanty had appointed as MD and CEO of LIC.

Siddhartha Mohanty, was appointed as one of the four managing directors of the parent LIC of India by the Government. He is the managing director and chief executive officer of LIC Housing Finance also.

LIC:

  • Headquarters- Mumbai
  • Chairman- M R Kumar

FINANCE

RBI Bi-Monetary Policy Rates:

Reserve Bank will announce its final bi-monthly monetary policy review for the financial year 2020-21. The RBI had last revised its policy rate on 22nd of May last year. After that, the committee has kept the interest rates unchanged. In this meet, the repo and reverse repo rate remains unchanged. The rates are projected below.

  • The policy repo rate under the liquidity adjustment facility (LAF) – 4.0 % (Unchanged)
  • The reverse repo rate under the LAF- 3.35 % (Unchanged)
  • Marginal Standing Facility (MSF) rate- 4.25 %
  • Bank Rate at 4.25 %

Note:

Repo Rate-

Repo Rate is the rate at which commercial banks borrow money by using their securities to the Central bank of our country i.e Reserve Bank of India (RBI). Repo Rate stands for Repurchase Agreement Rate.

Reverse Repo Rate-

RBI gives a rate of interest to the banks for their deposit in the central bank (i.e RBI), that rate is called Reverse Repo Rate. Reverse Repo Rate is a mechanism to absorb the liquidity in the market.

About RBI:

  • Headquarters- Mumbai
  • Governor- Shaktikanta Das
  • Deputy Governors:
  • Rajeshwar Rao,
  • M. D. Patra,
  • K. Jain,
  • P. Kanungo

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