Current Affairs Daily Digest – February 05 2021

Current Affairs Daily Digest – February 05 2021

Current Affairs Daily Digest – February 05 2021. Read and Download daily, monthly Current Affairs Daily Digest 2021 for competitive exams like UPSC, SSC, IBPS, SBI etc,. Download month wise Current affairs 2020 PDF and Current affairs quiz PDF .

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1. RBI Monetary Policy: Policy Rate unchanged

The six-member Monetary Policy Committee of the Reserve Bank of India (RBI), headed by Governor Shaktikanta Das, has decided to maintain the status quo on policy rate amid sticky rate of inflation. At this point, the repo rate or the rate at which RBI lends to banks stands unchanged at 4 per cent. The reverse repo rate also stayed unchanged at 3.35 per cent. The MPC committee members voted unanimously in favour of the decision.

2. India ranks 53rd in EIU’s Democracy Index

India’s position has slipped by two places to be placed at 53rd spot in the 2020 Democracy Index, from among 167 countries. The overall score of India is 6.61 in the Index, on a scale of 0-10. India has been classified as a ‘flawed democracy’. Democracy Index is the global ranking released by The Economist Intelligence Unit (EIU) that provides a snapshot of the current state of democracy worldwide.

3. PM Modi Inaugurates Chauri Chaura Centenary Celebrations

Prime Minister Narendra Modi has inaugurated the centenary celebrations of the Chauri Chaura incident on February 4 via videoconferencing. February 4, 2021 marks 100 years of the ‘Chauri Chaura’ incident, a landmark event in the country’s fight for independence.

4. Ayesha Aziz becomes India’s Youngest Female Pilot at 25

A 25-year-old Kashmiri woman, Ayesha Aziz, has become the youngest female pilot in the country. She became the youngest student pilot to get a license at the age of 15 in 2011. The 25 -year-old from Kashmir who is the youngest female pilot in the country acts is a source of inspiration and a beacon of empowerment for numerous Kashmiri women.

5. Centre Appoints Praveen Sinha as interim Director of CBI

Department of Personnel and Training, under Personnel Ministry, has appointed Praveen Sinha, as the interim director of the Central Bureau of Investigation (CBI), with immediate effect on 03 February 2021. He has been appointed in place of the incumbent chief RK Shukla, whose tenure came to an end on February 03, 2021.

6. Andhra Pradesh: 2nd State to undertake Power Sector reforms

Andhra Pradesh has become the second State to implement the power sector reforms that was put forward by the Department of Expenditure, Ministry of Finance.

Before Andhra Pradesh, Madhya Pradesh undertook the reforms in the power sector. It was given additional borrowing permission of Rs. 1,423 crores which is equal to 0.15 percent of its GSDP.

7. India-Bahrain 1st Joint Working Group Meeting held in the field of Renewable Energy

India and the Kingdom of Bahrain held the first Joint Working Group Meeting virtually in the field of Renewable Energy on February 4, 2021.

During the meeting, the Bahrain delegation was led by the President of Sustainable Energy Authority Dr. Abdul Hussain Bin Ali Mirza while the delegation from India was led by the Joint Secretary, Ministry of New & Renewable Energy Mr. Dinesh Dayanand Jagdale and the Ambassador of India to Bahrain Piyush Srivastava also participated in the meeting.

8. Coal India, EESL sign MoU to reduce carbon footprint

Coal India announced on February 4, 2021 that it has signed a Memorandum of Understanding (MoU) with Energy Efficiency Services Ltd (EESL) to reduce its carbon footprint and improve its overall operational efficiency and profitability.

9. Gujarat government to set up Indian Institute of Skills in Gandhinagar

The Gujarat state government announced on February 4, 2021, that it will be setting up an Indian Institute of Skills at Nasmed Village Gandhinagar district.

The Labour and Employment Department of Gujarat will be setting up the institute in collaboration with the Tata Group on a not-for-profit model.

10. Stardust 1.0: The First Rocket To Use Biofuels

Stardust 1.0 was launched from Loring Commerce Center, a former military base in Maine, USA. This is the first commercial space launch driven by biofuels. Compared with traditional rocket fuels, biofuels are non-toxic to the environment.

Stardust 1.0 is a launch vehicle suitable for students and budget payloads. The rocket is 20 feet high and mass about 250 kg. The maximum payload mass of the rocket is 8 kg.

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