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8th February 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam

Here is the Daily GK Update of 8th February 2021 covering the following news headlines: Ease of Doing Business, South Korea, Asom Mala, Google Cloud, United Nations Climate Envoy.

Daily GK updates are incorporated with the important news that made the current affairs headlines for banking or other competitive exams. Daily GK Update is the complete bag of the important news that held all day long. One should have complete knowledge about the banking terms, current affairs news, etc. So, here is the GK update of 8th February 2021 to help you prepare the Current affairs part. After reading this section, you can successfully attempt Current Affairs Quiz.

National News

1. 4 more states complete ‘Ease of Doing Business’ Reforms

8th February 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_3.1

  • As per the recent data by the Department for Promotion of Industry and Internal Trade (DPIIT), four more states have completed the reforms in the ‘Ease of Doing Business’, as stipulated by the Department of Expenditure, Ministry of Finance.
  • The four states are- Assam, Haryana, Himachal Pradesh and Punjab. These states have become eligible to mobilise additional financial resources to the tune of Rs 5,034 crore through open market borrowings.
  • Now the total number of state that has undertaken the reforms to promote Ease of Doing Business till now has gone up to 12. The other states are Andhra Pradesh, Karnataka, Kerala, Madhya Pradesh, Odisha, Rajasthan, Tamil Nadu and Telangana.

International News

2. South Korea to Build World’s Largest Offshore Wind Farm

8th February 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_4.1

  • President Moon Jae-in-led, South Korea Government has approved a plan to build the world’s largest wind power plant in the country by 2030. Currently, the world’s largest offshore wind farm is Hornsea 1 in Britain, which has 1.12 GW capacity.
  • The project will help to foster an environmentally-friendly recovery from the COVID-19 pandemic and fasten the step to achieve the target of becoming carbon neutral by 2050.
  • The estimated cost of the project is 48.5 trillion won ($43.2 billion).
  • The Windpower Plant will be located in the southwestern coastal town of Sinan. It will have a maximum capacity of 8.2 gigawatts.

Important takeaways for all competitive exams:

  • South Korea Capital: Seoul.
  • South Korea Currency: South Korean won.

States News

3. PM Modi launches Asom Mala in Assam’s Sonitpur district

8th February 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_5.1

  • Prime Minister Narendra Modi has launched the ‘Asom Mala’ programme in Dhekiajuli of Sonitpur district, Assam.
  • As per the PMO, this initiative will boost the state’s road infrastructure and contribute to Assam’s economic progress and improve connectivity.
  • The programme is unique for its emphasis on effective maintenance through continuous field data collection and its linkage with the Road Asset Management System.
  • PM Modi also laid the foundation stones of medical colleges and hospitals in Biswanath and Charaideo with an aim to boost Assam’s health infrastructure.
  • The two medical colleges and hospitals are being set up at Biswanath and Charaideo at a total estimated project cost of over Rs 1,100 crores. Each hospital will have a 500-bed capacity and 100 MBBS seat capacity.

Important takeaways for all competitive exams:

  • Assam CM: Sarbananda Sonowal.
  • Assam Governor: Jagdish Mukhi.

4. Uttarakhand Chamoli glacier burst

8th February 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_6.1

  • The glacier burst took place at the Rishiganga power project after a portion of Nanda Devi glacier broke off in Tapovan area of Joshimath in Uttarakhand’s Chamoli district on 7th February morning and damaged the Rishiganga dam on Alaknanda river.
  • National Thermal Power Corporation’s (NTPC) Tapovan Vishnugad project on Dhauliganga river and Rishi Ganga Power Corporation Ltd’s project, with a planned capacity of 520 MW and 13.2 MW, respectively, have been nearly washed away.

Important takeaways for all competitive exams:

  • Uttarakhand Chief Minister: Trivendra Singh Rawat.
  • Governor of Uttarakhand: Baby Rani Maurya.

Appointments News

5. Google Cloud appoints Bikram Singh Bedi as MD for India

8th February 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_7.1

  • Google Cloud has appointed Bikram Singh Bedi as the new Managing Director for its India Business. He will succeed Karan Bajwa, who has been elevated as Vice president for the Asia Pacific (APAC) region cloud operations at Google Cloud.
  • At Google, Bikram Bedi will be responsible for leading Google Cloud’s sales and operations teams in this dynamic market.
  • Google Cloud is also on track to launch its Delhi cloud region in India this year – its second after Mumbai that was launched in 2017.

Important takeaways for all competitive exams:

  • CEO of Google: Sundar Pichai; Headquarters: California, United States.

6. Nigeria’s Okonjo-Iweala set to become the first female Chief of WTO

8th February 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_8.1

  • Nigerian economist Ngozi Okonjo-Iweala has been chosen as the next Director-General of the World Trade Organization (WTO).
  • She would be the first woman as well as the first African nation to lead the organization. Okonjo-Iweala, the former finance minister of Nigeria, will succeed Roberto Azevedo, who stepped down in August 2020.

Important takeaways for all competitive exams:

  • World Trade Organization Headquarters: Geneva, Switzerland.
  • World Trade Organization Founded: 1 January 1995.

7. Michael Bloomberg Re-Appointed as United Nations Climate Envoy

8th February 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_9.1

  • The United Nations Secretary-General Antonio Guterres re-appointed Michael Bloomberg as his Special Envoy on Climate Ambition and Solutions.
  • Bloomberg is the founder and owner of Bloomberg LP, the parent company of Bloomberg News. He was previously appointed as the U.N. special envoy for climate action between March 2018 and November 2019.
  • Bloomberg will work to strengthen the group of governments, companies, cities and financial institutions that are working to reach carbon neutrality by 2050, in line with the goals of the Paris Agreement.
  • He would also work to mobilise stronger and more ambitious climate action in the lead-up to 2021 United Nations Climate Change conference in Scotland in November 2021.

Defence News

8. 16th India-US joint military exercise ‘Yudh Abhyas 20’ commenced

8th February 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_10.1

  • The India-US joint military exercise “Yudh Abhyas 20” commenced in Mahajan Field Firing Range of Bikaner district in Rajasthan.
  • This is the 16th edition of an annual bilateral joint exercise of both the armies. It will continue till the 21st of this month.
  • About 250 US and 250 Indian army soldiers are participating in the exercise. Both the armies will share their war-related techniques, skills and experience with each other during this exercise. The exercise is one of the largest military training and defence cooperation efforts between India and the United States.

Summits and Conferences News

9. India, EU hold high-level dialogue

8th February 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_11.1

  • The first India-European Union High-Level Dialogue was co-chaired by the Minister of Commerce and Industry, Piyush Goyal from India side and the European Union Executive Vice-President & Trade Commissioner Mr Valdis Dombrovskis, from the EU side.
  • This Dialogue was organised in line with the commitment made at the 15th India-EU Leader’s Summit held in July 2020.
  • Ministers agreed for further deepening of bilateral trade and investment relationship through a series of regular engagements, aiming at quick deliverable for the businesses in these tough times.
  • They also agreed to meet within the next three months, to reach consensus on a host of bilateral trade & investment cooperation issues like bilateral Regulatory Dialogue; an India-EU Multilateral Dialogue to explore further possibilities of cooperation.

Important takeaways for all competitive exams:

  • European Union (EU) Headquarters location: Brussels, Belgium.
  • European Union (EU) Founded: 1 November 1993.
  • European Parliament President: David-Maria Sassoli.

Science and Technology News

10. NASA Selects SpaceX to launch its SPHEREx Mission

8th February 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_12.1

  • The National Aeronautics and Space Administration (NASA) has selected spaceflight company, SpaceX to launch its SPHEREx Mission.
  • Through this mission, NASA aims to perform an all-sky survey to measure the near-infrared spectra of approximately 450 million galaxies across the universe and 100 million stars inside our Milky Way galaxy.
  • The SPHEREx or the Spectro-Photometer for the History of the Universe, Epoch of Reionization, and Ices Explorer (SPHEREx) spacecraft.
  • The small astrophysics spacecraft, SPHEREx, weighs 329-lb. (178 kilograms).
  • It will be launched to space aboard SpaceX’s Falcon 9 rocket, in June 2024, from Space Launch Complex 4E at Vandenberg Air Force Base in California.

Important takeaways for all competitive exams:

  • Acting Administrator of NASA: Steve Jurczyk.
  • Headquarters of NASA: Washington D.C., United States.
  • NASA Founded: 1 October 1958.

11. Square Kilometre Array Observatory launched

8th February 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_13.1

  • The newly constituted Square Kilometre Array Observatory (SKAO) Council has approved for the establishment of the world’s largest radio telescope. The telescope will enable astronomers to monitor the sky in unprecedented detail and survey the entire sky much faster than any system currently in existence.
  • To look into some of the unexplored areas of the universe and seek answers about its history and evolution, study fundamental physics in extreme environments and know about galaxies over cosmic time.
  • Radio telescopes, unlike optical telescopes, can detect invisible gas and can reveal areas of space that may be obscured by cosmic dust.

Sports News

12. Joe Root becomes first batsman to score 200 in 100th Test

8th February 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_14.1

  • Joe Root, the England captain, sent India on a leather hunt, becoming the first player in history to score a double century in his 100th Test match.
  • In the process, Root also surpassed former Pakistan captain Inzamam-Ul-Haq as the player with the highest individual score playing the 100th Test match of his career.  Inzamam had hit 184 against India in a Test match in Bengaluru in 2005, which Pakistan had won by 168 runs.

Obituaries News

13. Oscar-winning Canadian actor Christopher Plummer passes away

8th February 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_15.1

  • Oscar-winning actor Christopher Plummer, who rose to prominence for his critically-acclaimed film ‘Sound of Music’, has passed away. He won the Academy Award for Best Supporting Actor at the age of 82 for Beginners (2010), becoming the oldest person to win an acting award.
  • The prolific and versatile Canadian-born actor has received various awards for his work, which includes Academy Award, two Primetime Emmy Awards, two Tony Awards, a Golden Globe Award, a Screen Actors Guild Award, and a British Academy Film Award.

14. Indian tennis great Akhtar Ali passes away

8th February 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_16.1

  • Tennis legend Akhtar Ali, a father figure in Indian tennis, passed away. He represented India in eight Davis Cup ties against Pakistan, Malaysia, Iran, Mexico, Japan and Monaco between 1958 and 1964.
  • Born on July 5, 1939, Akhtar made his mark in 1955 when he became the National junior champion and reached the junior Wimbledon semifinals. He played alongside stalwarts like Ramanathan Krishnan, Naresh Kumar, Premjit Lall and Jaidip Mukerjea.

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8th February 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_17.1

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