Daily GK Update: 2nd February 2021

By Stuti Mishra|Updated : February 2nd, 2021

 Important Dates

1. World Wetlands Day: 02 February

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  • World Wetlands Day (WWD) is observed every year on February 2 across the globe.
  • This day is celebrated to mark the date of the adoption of the Convention on Wetlands (February 2, 1971) in the Iranian city of Ramsar on the shores of the Caspian Sea.
  • World Wetlands Day was first commemorated in 1997.
  • WWD 2021 marks 50 years of adopting Convention on Wetlands.
  • Theme 2021: ‘Wetlands and Water’
  • Wetlands: lands transitional between terrestrial and aquatic eco-systems.
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 National & International Appointments

2. Rama Mohan Rao Amara appointed as MD and CEO of SBI Card

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  • Rama Mohan Rao Amara has been appointed as the Managing Director (MD) and Chief Executive Officer (CEO) of SBI Cards and Payment Services Ltd (SBI Card).
  • He has been appointed for 2 years with effect from 30 January 2021.
  • He succeeded Ashwini Kumar Tewari, who has been appointed as MD of State Bank of India (SBI).
  • Prior to this, Mohan Rao was the Chief General Manager at SBI Bhopal Circle.
  • SBI Cards HQs: Gurugram.
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 State Affairs

3. Uttarakhand sets up Botanical Garden to conserve trees of Shivalik range

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  • Uttarakhand sets up first of its kind botanical garden named as ‘Shivalik Arboretum’ in Nainital for conserving over 210 species of trees found in Shivalik range of Himalayas
  • It will showcase information like scientific information about particular species, cultural significance, medicinal use, country of origin, type of habitat in which it is found and all possible uses including as timber, dyes.
  • Preserved trees: Kafal, Buransh, Tejpat and Sanjeevani
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 National & International Appointments

4. Nguyen Phu Trong re-elected as Chief of ruling Communist Party of Vietnam

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  • Ruling Community Party of Vietnam has re-elected its General Secretary as Nguyen Phu Trong (76 years) for 3rd five-year term
  • Nguyen Phu Trong is serving as Communist Party Chief since 2011
  • He was granted an exemption to contest in the election as he was above 65 years
  • 4 main leaders that run govt in Vietnam: General Secretary, PM, President, National Assembly chair
  • General Secretary is the highest office
  • He is also President of Vietnam since 2018
  • Vietnam Capital: Hanoi
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 Banking & Finance

5. Government to introduce Single Securities Markets Code

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  • Govt has announced introduction of unified securities markets code in Budget 2021-22, boosting ease of doing business in India's financial markets
  • Under this, provisions of SEBI Act, 1992, Depositories Act, 1996, Securities Contracts (Regulation) Act, 1956 and Government Securities Act, 2007 will be consolidated into rationalized single Securities Markets Code
  • Govt will also support Fin-Tech hub development at GIFT-IFSC and frame Permanent institutional framework.
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 National Affairs

6. Policy of Strategic Disinvestment announced

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  • Union Finance Minister, Nirmala Sitharaman while presenting Union Budget FY 2021-22 has approved policy of strategic disinvestment of public sector enterprises 
  • It consists of 2-fold sectors:
    • Strategic Sector: to be privatised or merged or subsidiarized with other CPSEs or closed. Ex: Atomic energy, Space and Defence, Transport, Banking, Insurance and financial services
    • Non- Strategic Sector: In this sector, CPSEs will be privatised, otherwise shall be closed
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 Banking & Finance

7. PNB restricts withdraw of money from non-EMV ATMs from February 1

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  • Punjab National Bank (PNB) has decided to restrict its customers from withdrawing money from non-EMV automated teller machines (ATMs) with effect from 1 February 2021
  • Move is line with an attempt to check frauds, related to money transactions.
  • This restriction will apply to both financial and non-financial transactions.
  • Non-EMV ATMs: It reads data through magnetic strips and do not hold the ATM card during the transaction.
  • PNB Chairman: SS Mallikarjuna Rao.
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 Banking & Finance

8. Tax holiday for start-ups extended for another year till March 2022

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  • Govt has extended eligibility for claiming tax holiday for start-ups by 1 more year till 31stof March 2022 to incentivise start-ups in the country
  • Govt has also extended capital gains exemption for investment in start-ups by one more year to incentivise funding of the start-ups.
  • Govt has increased FDI limit from 49 to 74% in Insurance Companies and allowed foreign ownership
  • Govt has proposed to infuse Rs 20,000 crore to re-capitalized Public Sector Banks
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 Sports

9. India top medals tally with 11 medals at first Asian Online Shooting

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  • 24-member Indian shooting contingent has topped medals tally in 1st-ever Asian Online Shooting Championship, organised by Kuwait Shooting Federation
  • India won total 11 medals, which included 4 gold medals, 2 silver and 5 bronze medals.
  • 274 shooters from 22 Asian countries took part in it 
  • List of Winners from India:
    • Gold: Saurabh Chaudhary (men’s 10m air pistol), Divyansh Singh Panwar (men’s 10m air rifle), Kynan Chenai (men’s trap) and Rajeshwari Kumari (women’s trap).
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 Sports

10. Tamil Nadu beat Baroda to claim Syed Mushtaq Ali T20 Trophy

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  • Dinesh Karthik led Tamil Nadu team beat Baroda to win Syed Mushtaq Ali T20 Trophy 2020-21 by 7 wickets
  • It was the 12th edition of Syed Mushtaq Ali Trophy and was played at Sardar Patel Stadium, Ahmedabad
  • This is the 2nd Syed Mushtaq Ali Trophy (SMAT) title for Tamil Nadu, and their 1st title in 13 years.
  • The team claimed their first SMAT title in 2006-07, that too under Karthik’s captaincy.
  • Player of the match: Manimaran Siddharth (Tamil Nadu) who picked 4 wickets.
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 National & International Appointments

11. Facebook hires Henry Moniz as its First Chief Compliance Officer

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  • Facebook Inc. has appointed Henry Moniz as its first-ever Chief Compliance Officer.
  • He will join Facebook on February 8 to lead the company’s global compliance team, to enhance its global compliance and risk management and promote the highest standards of legal and ethical conduct at the company.
  • Prior to this, Henry Moniz had been the chief compliance officer and chief audit executive at media company ViacomCBS Inc.
  • Facebook CEO: Mark Zuckerberg
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 International Affairs

12. Aung San Suu Kyi and Win Myint detained in Myanmar’s military coup

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  • State Counsellor Aung San Suu Kyi along with President Win Myint and other members of ruling party has been detained in Myanmar’s military coup
  • Coup (coup d’état): Removal of an existing government from power, usually through violent means
  • Myanmar military is also known as the Tatmadaw, took this step because they declared Myanmar general election results fraudulent, in which Aung San Suu Kyi won.
  • 2021 coup d’état is the third in Myanmar’s political history
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Daily GK Update: 2nd February 2021

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