Current Affairs – February 05, 2019

Here’s your daily summary of Current Affairs – February 05, 2019

National - Current Affairs - February 05, 2019

National Road Safety Week begins; Motor car rally flagged off in New Delhi

1C - Current Affairs - February 05, 2019
External Affairs Minister Sushma Swaraj and Road Transport and Highways Minister Nitin Gadkari today flagged off Suraksha Yatra – a motor car rally from Rajghat in New Delhi to commemorate the 150th Birth Anniversary of Mahatma Gandhi. The flag off was also part of an event to launch the 30th National Road Safety Week. The rally will travel through places historically associated with Gandhiji, both in India, as well as in Bangladesh and Myanmar. It will conclude at Yangon in Myanmar on the 24th of this month, covering a total distance of over seven thousand kilometers.

 

Operation Smile: TS police rescues 2,119 children

2c 3 - Current Affairs - February 05, 2019
The ‘Operation Smile-V’ initiative launched by Hyderabad Police has helped in rescuing 325 children, who were either working as labourers or begging on the streets, since January 1 this year. To trace the missing children and rescue child labourers, Operation Smile-V was launched on January 1 across Telangana. Operation Smile also called as Operation Muskaan is an initiative of the Ministry of Home Affairs (MHA) to rescue/rehabilitate missing children.

 

Business - Current Affairs - February 05, 2019
2 RRBs are to be merged to form Tamil Nadu Grama Bank

3c 3 - Current Affairs - February 05, 2019
Under the sponsorship of Indian Bank, two regional rural bank – Pallavan Grama Bank and Pandyan Grama Bank will be amalgamated to form a single RRB i.e. Tamil Nadu Grama Bank in Tamil Nadu. The consolidation will be effective from April 1, 2019. Pallavan Grama Bank is sponsored by Indian Bank and Pandyan Grama Bank is sponsored by Indian Overseas Bank. This newly integrated bank will be sponsored by Indian Bank and will have its head office located at Salem, Tamil Nadu.

 

ADB buys 14% stake in Annapurna Finance

4c 2 - Current Affairs - February 05, 2019
The Asian Development Bank (ADB) has bought a 14% stake in micro-financier Annapurna Finance for Rs 137 crore, reinforcing the belief that India’s microfinance sector is on course to attract long-term funds from global lenders and investors. ADB’s investment in the Bhubaneswar-based Annapurna is an equity expansion, while a few of the existing investors such as Oman India Joint Investment Fund (OIJIF), Oikocredit and Bamboo Finance Partners raised their holding in the MFI through secondary market deals totaling Rs 75 crore, Dibyajyoti Pattanaik, director at Annapurna Finance, told.

 

Fino Pay integrates with Suryoday

5c 3 - Current Affairs - February 05, 2019
Fino Payments Bank has integrated its systems with Suryoday Small Finance Bank to enable customers deposit larger amounts into their Fino account without breaching RBI norms. The payments bank was last year penalized by the central bank for allowing balances in customer accounts to cross Rs 1 lakh, the maximum permissible under RBI norms.
Fino Payments bank and Suryoday Small Finance Bank Headquarters: Navi Mumbai

 

India-Monaco Business Forum held in New Delhi

6c 3 - Current Affairs - February 05, 2019
Huge scope exists between businesses of India and European country Monaco to boost cooperation in the services sector and high-end technologies, Commerce and Industry Minister Suresh Prabhu said 4th February. He was addressing businesses of both the countries at India Monaco Business Forum, in the presence of Albert II, Prince of Monaco.
Capital: Monaco
Currency: Euro

 

MoUs 330 x 70 - Current Affairs - February 05, 2019
Gopi foundation, Kotak Mahindra Bank ink MoU

7c 3 - Current Affairs - February 05, 2019
P. Gopi Chand’s efforts to take coaching to the next level got a major fillip with Kotak Mahindra Bank Ltd. signing a MoU with the Pullela GopiChand Badminton Foundation on 4th February towards setting up a new world-class indoor facility and other related centers at a cost of Rs. 35 crores.

 

Sports - Current Affairs - February 05, 2019
Indian squash player Ramit Tandon wins Seattle Open title

8c 2 - Current Affairs - February 05, 2019
On 3rd February 2019, Indian squash player Ramit Tandon wins the fourth title of Seattle open title by defeating Mohamed El Sherbini of Egypt. Seattle Open is a PSA challenger squash Tour held in the USA. Ramit Tandon who belongs to Kolkata won by 11-4, 11-7, 2-11, 11-2 for his first PSA title. Jacques Fountaine is president of World squash federation which is headquartered at East Sussex, England.

 

International - Current Affairs - February 05, 2019
El Salvador: Nayib Bukele wins the presidential election

9c 3 - Current Affairs - February 05, 2019
Former mayor Nayib Bukele on Sunday won El Salvador’s presidential election, the Supreme Electoral Court said. Bukele had 54 percent of the votes with 90 percent of ballots counted.
Capital: San Salvador
Currency: US Dollar

 

US pulls out of Intermediate-Range Nuclear Forces (INF) treaty with Russia

10c 3 - Current Affairs - February 05, 2019
On 1st February 2019,the United States of America pulls out of Intermediate-Range Nuclear Forces treaty with Russia.This was announced by the US on 20 October 2018. Russia also pulls out of treaty on 2nd February 2019.

 

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