DAILY GK 5-7 FEB 2025
1.
40TH MRS WORLD TITLE
·
TshegoGaelae from South Africa (SA), a 33-year-old model, made history by becoming
the first Black South African woman
to win the 40th edition of the Mrs. World title in 2025.
·
The grand
finale took place in Las Vegas, USA
·
Sri
Lanka’s (SL) Ishadi Amanda was named first
runner-up, while Thailand’s Ploy Panperm took the second runner-up.
·
Mrs.World Competition, established in 1984, is known as the first beauty pageant
exclusively for married women.
·
South Africa President–
Cyril Ramaphosa
·
Capital– Pretoria (administrative capital), Cape Town (legislative capital), and Bloemfontein (judicial capital)
·
Currency–
South African Rand(ZAR)
2.
6TH ‘MEN’S HIL 2024-25’
TITLE
·
Shrachi Rarh Bengal
Tigers won the first ever title
of the ‘Men’s Hockey India League
2024-25(HIL 2024-25)’ by defeating Hyderabad Toofans 4-3
in the final tournament held at the Birsa Munda International Hockey Stadium in
Rourkela, Odisha.
·
The 6th
edition of Men’s HIL 2024-25 tournament, featured 8 teams
·
The
Shrachi Rarh Bengal Tigers for the 2024-25 season were led by Captain Rupinder Pal
Singh, while the Hyderabad Toofans were led by Captain Sumit Walmiki.
·
With this victory, Shrachi Rarh Bengal
Tigers were awarded Rs 3 crore as the prize money,
while the runners-up, Hyderabad Toofans, received Rs 2 crore.
·
Top
Scorer of the Tournament 2024-25: Jugraj Singh (Shrachi Rarh
Bengal Tigers)
·
Player of the Tournament 2024-25: Sukhjeet Singh (Shrachi Rarh
Bengal Tigers)
·
The Hockey India League is a premier club-based hockey tournament
organized by Hockey India, with participation from both Indian and International players.
3.
AUSTRALIA WINS ICC
WOMEN’S CHAMPIONSHIP TROPHY
·
Australia won International Cricket Council (ICC) Women’s
Championship trophy 2022-2025. Australia
secured the championship for the third consecutive time.
·
This was
the 3rd edition of the ICC Women’s Championship.
·
Each Team
has to play 3 One Day International (ODI)
matches against all other teams.
·
At the
end of the cycle, Team which secured top position will be awarded.
·
Australia finished the 3rd edition series
with the highest total of 39 points (17 wins, three
no-results, three losses) in 24 matches.
·
India secured
2nd position with 37 points
in the table.
·
Top 6 team from the points table will be
directly qualified for the 2025 Women’s Cricket World Cup hosted by India.
·
Australia (39), India (37), England (32),
South Africa (25), Sri Lanka (22) and New Zealand (21) are the direct entrants.
·
The first and second editions of 2014-16 and
2017-20 consisted of eight teams – Australia, England, India, New Zealand,
Pakistan, South Africa, Sri Lanka and the West Indies.
·
Later, Bangladesh and Ireland were added in
the 3rd edition played from 2022-2025 totaling it to 10 teams.
4.
ICC U19 WOMEN’S T20 WORLD
CUP 2025
·
India won
the 2nd edition of the International Cricket Council (ICC) Under-19 (U19)
Women’s T20 (Twenty 20) World Cup 2025 for the 2nd consecutive time by defeating South
Africa with 9 wickets in the final at Bayuemas Oval, Kuala Lumpur (KL), Malaysia.
·
India’s
women cricket team was led by captain Niki
Prasad and South Africa’s women cricket team was led by captain Kayla
Reyneke.
·
Following this win, the Board of Control for
Cricket in India (BCCI) secretary Jay Shah has
announced prize money of Rs 5 crore for the India’s
U-19 women’s team.
·
Gongadi Trisha earned ‘Player
of the Match 2025’ and ‘Player of the
Series 2025’ awards for her outstanding performance and contributions in
the match.
·
ICC Under-19 Women’s T20
World Cup featured 16 teams, participated in 41
matches.
5.
23RD NATIONAL PARA ATHLETICS
CHAMPIONSHIP
·
The 23rd National Para Athletics Championship
2025 is set to take place in February
2025, at Jawaharlal Nehru
Stadium in Chennai, with over 1,700 para-athletes from across the country.
·
The
official logo and mascot of
the 23rd National Para Athletics Championship 2025 were unveiled in an event in
Chennai, Tamil Nadu (TN).
·
The
logo includes elements that symbolize the dynamic nature of para athletics and the inclusive
spirit of the event.
·
The mascot is an elephant,
representing strength and determination.
·
For the first
time, India will host the 12th edition of the Para Athletics World Championships, scheduled to take place at the
Jawaharlal Nehru Stadium in New Delhi in oct 2025.
6.
TATA STEEL CHESS MASTERS
2025
·
Indian Chess Grandmaster R Praggnanandhaa won
the ‘Tata Steel Chess Masters 2025’ trophy by
defeating World Chess Champion of 2024, D Gukesh in
the tiebreaker held in Wijk aan
Zee, Netherlands.
·
With this
victory, Praggnanandhaa became the 1st Indian Chess player since
Viswanathan Anand in 2006 to
win the Tata Steel Masters title.
·
He
previously reached a career-high World Ranking of 8 in
July 2024 and was a runner-up at the Chess World Cup 2023, where he lost to
Magnus Carlsen in the final.
·
The Tata Steel Chess Tournament 2025 was the
87th edition of the “Wimbledon of Chess,” a classical tournament
7.
IOB BECOMES SIGNATORY OF PARTNERSHIP
FOR CARBON ACCOUNTING FINANCIALS
·
Chennai
based Indian Overseas Bank (IOB), India’s
leading Public Sector Bank (PSB), has become
a signatory of the Partnership for Carbon Accounting Financials (PCAF).
·
With this
move, IOB became one of the early adopters
in the India banking sector to join this global initiative, reaffirming its
commitment in tackling climate change and promoting responsible banking.
·
As a PCAF signatory, IOB will measure and disclose the Greenhouse Gas (GHG)
emissions related to its
financed activities and adopt globally harmonized methodologies for GHG
accounting, aligning with global best practices in the financial industry.
·
PCAF
is a global initiative formed in 2015 by 14 Dutch
financial Institutions (FIs) under the leadership of the Hague (the
Netherlands)-based ASN Bank.
·
It was launched globally in 2019.
·
As of January 2025, more than 550 FIs have
joined the PCAF initiative.
·
It
facilitates a standardized framework for FIs to measure and disclose GHG
emissions from their lending and investment activities,
helping them to identify climate risks and align with international climate
targets.
·
Mumbai based Union Bank of India (UBI) was
the 1st major Indian bank to sign the PCAF in
September 2016.
·
New Delhi based PSB, Punjab
National Bank (PNB) signed this framework in
November 2024.
8.
X CORP TO LAUNCH 1ST DIGITAL
WALLET
·
Elon Musk owned social
media platform, X Corp (formerly known as Twitter,
Inc. ), a wholly owned subsidiary of X Holdings Corp, unveiled
its 1st Digital Wallet , peer-to-peer (P2P) payment service ‘X
Money’ in partnership with Visitors International Stay
Admission (VISA), to launch a real-time payment
system aiming to create an “everything
application (app).”
·
VISA, one of the largest United States of America
(USA) credit card networks, will be the 1st partner for X’s Money Account
service, set to launch later in 2025.
9.
‘THE 1% CLUB’ BECOMES
FIRST FINFLUENCER FIRM TO GET SEBI RIA LICENSE
·
The 1%
Club, a financial advisory startup founded by internet personality
Sharan Hegde, became the first influencer-led company to obtain a Registered Investment Advisor (RIA) license
from the Securities and Exchange Board of India (SEBI).
·
It aims
to disrupt India’s wealth management
market by offering scalable solutions, including stock recommendations,
thematic portfolios, small cases, and high-yielding debt solutions in the
future.
·
Criteria for RIA License
Entity Type: The firm must be a company or Limited
Liability Partnership (LLP).
·
Qualification: At
least one director or partner must have a minimum
of a graduate degree in any discipline from a recognized university.
·
Professional qualifications like Chartered
Financial Analyst (CFA) or
Master of Business Administration (MBA)
(with a specialization in finance) may be considered.
·
Certification:
Individuals providing advisory services must have passed the National Institute
of Securities Markets (NISM)-Series-X-A: Investment Adviser (Level 1)
Examination.
10. RBI
RELEASED PAYMENT SYSTEM REPORT, DECEMBER 2024
·
The Reserve Bank of India (RBI) released Payment System Report, December 2024, which
analysed the trends in payment
transactions carried out using different payment systems in the last 5
Calendar Years (CY) up to CY-2024.
·
The
report has covered key developments in the payment ecosystem and provides in-depth information about Unified
Payments Interface (UPI).
·
As per the report, 222 crore digital transactions valued at Rs 772 lakh crore were made
in CY-2013, it has increased 94 times in
volume and more than 3.5 times in
value to more than 20,787 transactions valued at Rs 2,758 lakh crore
in CY24.
·
The report showed that the retail digital
payments in India has surged from 162
crore transactions in Financial Year 2012-13 (FY13) to 16,
416 crore transactions in FY24, reflecting a nearly 100-fold increase
over 12 years.
11.
RBI IMPOSED PENALTIES ON
ESFBL AND IPPB
·
The Reserve Bank of India (RBI) imposed penalties on
Chennai based Equitas Small Finance Bank
Limited (ESFBL) and New Delhi based India Post Payments Bank Limited (IPPB) for
failing to comply with regulatory
guidelines.
·
ESFBL
was fined Rs 65 lakh for
non-compliance with directions on ‘Levy of
Foreclosure Charges/Pre-payment Penalty on Floating Rate Term Loans’ and
‘Credit Flow to Agriculture – Collateral-free agricultural loans.’
·
IPPB
was penalized with Rs 26.70 lakh for
deficiencies in adhering to the ‘Customer
Service in Banks’ .
·
Further, a penalty of Rs
3.10 lakh has also been imposed on Chennai based Aptus Finance India Private Limited
for contravention of certain provisions of norms related to Non-banking
Financial Companies (NBFCs).
12. RBI
OMBUDSMAN RESOLVED 95% OF COMPLAINTS IN FY24
·
The Reserve Bank of India (RBI) released its
latest Annual
Report of the Ombudsman Scheme, 2023-24.
·
As per the report, RBI resolved 95% (i.e. 2.84 lakh) complaints
received under the Reserve Bank-Integrated Ombudsman Scheme (RB-IOS) between April
1, 2023 and March 31, 2024 and achieved a disposable rate of
95.10%.
·
The
report revealed that a total of 9,34,355 complaints were
received by the ORBIOs and CRPC as
compared to 7,03,544 complaints during F.Y.2022-23, representing an increase of
32.81 per cent.
·
Out of these 9,34,355 complaints, 2,93,924
complaints (31.46 per cent) were received
at ORBIOs and 6,40,431 complaints (68.54 per cent) were received at the CRPC.
·
The report informed that ORBIO has resolved 57.07% of
maintainable complaints through mutual
settlement, conciliation, or mediation, while 40.78% were
dismissed due to absence of any service deficiency.
·
CRPC witnessed
a sharp increase in complaints, receiving 7,66,957 complaints (including
assigned to ORBIOs/ Consumer Education and Protection Cell (CEPCs)), which was
30.10 per cent higher as compared to the previous year.
13. RBI
TIGHTENS NORMS FOR IMPOSING PENALTY UNDER PSS ACT, 2007
·
The Reserve Bank of India (RBI) has
tightened norms for imposing monetary
penalties and compounding offences under the Payment and Settlement Systems Act (PSS Act, 2007).
·
The new
framework which has been introduced for payment system operators and banks that
outlined various contraventions and penalties such as: operation of a payment
system without authorization, disclosure of information, which is prohibited,
and failure to pay the penalty imposed by the RBI within the stipulated time
period, among others.
·
RBI has
been empowered under Section 30 of the PSS Act, to impose a penalty not
exceeding Rs 10 lakh or twice the amount involved in such contravention or default
where such amount is quantifiable, whichever is more.
14.
RBI INJECTS USD 5.1 BILLION
LIQUIDITY VIA FX SWAP AUCTION
·
Reserve Bank of India (RBI),
conducted a dollar-rupee buy/sell swap
FX swap auction for USD 5.1 billion.
·
The auction saw a significant oversubscription, with total bids amounted to USD 25.59 billion from 253 participants,
exceeding the offered amount by five times.
·
This move will infuse rupee liquidity into
the banking system
and is part of a broader strategy by the central bank to inject
approximately Rs.1.5 trillion into the financial
system.
·
The
transaction will be reversed on August 4, 2025,
when the RBI will sell the USD 5.1
billion, obtained through 28 accepted bids, back to the market at the forward rate (currency exchange spot rate
plus 96.71 paise) and take back Rs.
43,784 crores approximately
·
In response to the auction’s results,
dollar-rupee forward premiums saw a slight dip, with the 1-year implied yield
moderating its increase to settle at the last quote of 2.24%.
·
In
an FX swap, the RBI acquires dollars from financial institutions in exchange
for rupees, simultaneously boosting rupee liquidity and reducing
excess dollar circulation
15.
CA GRAMEEN RECEIVES USD 50
MILLION IFC LOAN
·
Bengaluru based Credit Access (CA) Grameen Limited,
India’s largest Non-Banking Financial
Company-Microfinance Institution (NBFC-MFI) received a USD 50
million loan from Washington, based International Finance Corporation (IFC), a member of the World Bank Group (WBG).
·
The funding aims to improve
financial access for micro-entrepreneurs and support 3–4 million additional women borrowers involved in agriculture and
related activities.
16. 121
FINANCE: 1ST LENDER ON GEM SAHAY 2.0
·
Jaipur based 121 Finance Private
Limited, India’s 1st Reserve Bank of
India (RBI) registered Non-Banking
Financial Company (NBFC) Factor partnered with Government e-Marketplace (GeM),
an initiative of the Ministry of Commerce and Industry (MoC&I), along with Bengaluru based Perfios
Software Solutions Private Limited and Mumbai based Tata
Consultancy Services (TCS) developed GeMSahay 2.0.
·
GeMSahay
2.0 aims to enhance financial inclusion
by making the platform more accessible and effective for Micro, Small, and
Medium Enterprises (MSMEs) while
ensuring a seamless experience for lenders.
17. INDIAN
COAST GUARD DAY 2025 – 1ST FEBRUARY
·
Indian Coast Guard (ICG) Day is celebrated
annually on 1st February across India to commemorate
the establishment of the ICG, India’s maritime armed force under the Ministry
of Defence (MoD).
·
In 1977, the Union Cabinet approved the
establishment of the ICG, with 2 frigates and 5 patrol boats transferred from
the Indian Navy (IN).
·
The ICG
was formed on February 1, 1977 by the Coast Guard
Act of 1978 of Parliament of India, to combat sea-based smuggling that affected
India’s economy.
·
The 1st
Indian Coast Guard Ship (ICGS), Kuthar
(Pennant No. 31), was transferred from the IN to the ICG in 1978.
·
ICG was
formally inaugurated by the then Prime Minister (PM) Morarji Desai on 19th
August 1978.
·
ICG Director-General (DG)–
Paramesh Sivamani
·
Headquarters– New
Delhi
·
Motto–
Vayam Rakshamah (We Protect)
18. WORLD
WETLANDS DAY 2025 – FEBRUARY 2
·
The United Nations (UN’s) World
Wetlands Day is observed annually on February 2 across
the globe to raise awareness about the critical role wetlands play in
supporting both people and the planet.
·
The day
commemorates the Convention on Wetlands of International Importance (Ramsar Convention),
an intergovernmental treaty signed on 2 February 1971, in
Ramsar, Iran along the shores of the Caspian Sea.
·
The theme for World Wetlands Day 2025, “Protecting
Wetlands for Our Common Future”.
·
The
Ramsar Convention Secretariat is based at the
headquarters of the International Union for the Conservation of Nature (IUCN)
in Gland, Switzerland.
·
Secretary-General (SG)–
Dr.Musonda Mumba
19.
WORLD CANCER DAY 2025 –
FEBRUARY 4
·
World
Cancer Day (WCD) is observed annually on February 4 across
the globe to raise awareness of fundamental cancer issues and promote efforts
in prevention, detection, and treatment.
·
The campaign theme of WCD 2025-2027 is “United by
Unique,” emphasizes the importance of personalized,
patient-centered care in the battle against cancer.
·
On February 4 1999, the ‘Charter of Paris’
consisting of 10 articles, was adopted at the World Summit Against Cancer for
the New Millennium in Paris, France.
·
February 4 2025 marks 25 years of signing the Charter of Paris Against Cancer.
·
Union for International
Cancer Control (UICC):has over 1,150 member organisations in
172 countries and territories.
·
Headquarters–
Geneva, Switzerland
·
Established–
1933
20.
FORMER CEC NAVIN CHAWLA
PASSED AWAY
·
Former Chief Election Commissioner of
India (CEC) NavinChawla passed away at the age
of 79 in New Delhi
·
He served as the Election Commissioner (EC)
from May 16, 2005, to April 20, 2009, and then as CEC from April 2009 to July
2010.
·
During his tenure,he oversaw the 2009 Lok
Sabha elections and implemented reforms,
such as allowing 3rd-gender voters to choose a new voting category.
·
In 2005 he received ‘Mazzini
Award’ (Government of Italy) for his efforts to forge a new
relationship with Italy and strengthen the existing bonds between India and
Italy.
·
In 1992, he authored the ‘Authorized
Biography of Mother Teresa’, which was later translated into 14
languages both in India and internationally.
