The newly discovered orchid species was found in which state?

Daily Current Affairs Quiz 3rd February 2026 Check Important Questions Here |

Practice Current Affairs Quiz to stay updated with national, international, economic, and banking news. This quiz is based on the previous day’s current affairs and is designed to boost your exam readiness, improve speed and accuracy, strengthen memory, and build confidence for competitive exams and interviews.

Daily Current Affairs: 3rd February, 2026

Q1. State Bank of India’s newly launched CHAKRA – Centre of Excellence (CoE) is primarily aimed at strengthening financing support for which category of sectors?

(a) Traditional manufacturing industries
(b) MSME and retail banking sectors
(c) Sunrise and technology-driven sectors
(d) Agricultural and allied sectors
(e) Export-oriented trading firms

Answer: c

Solution:

State Bank of India (SBI) has launched CHAKRA — Centre of Excellence (CoE) to strengthen financing support for sunrise sectors that are vital to India’s long-term economic transformation.
The Centre will function as a knowledge-driven platform, enabling structured and informed lending to technology-intensive and sustainability-focused industries.
SBI estimates a combined potential investment of around ₹100 trillion (including debt and equity) in these sunrise sectors over the next five years.
The initiative aims to improve risk assessment, sectoral expertise, and financial innovation in emerging industries.
Key sectors covered under CHAKRA include:
- Renewable Energy
- Advanced Cell Chemistry & Battery Storage
- Semiconductors
- Decarbonisation Technologies
- Smart Infrastructure
- Data Centre Infrastructure
The programme aligns with India’s broader goals of clean energy transition, digital expansion, and industrial self-reliance.

Q2. Which team won the Pro Wrestling League (PWL) 2026 after defeating Delhi Dangal Warriors in the final?

(a) Punjab Royals
(b) Haryana Thunders
(c) UP Yoddhas
(d) Mumbai Marathas
(e) Bengaluru Bulls

Answer: b

Solution:

Haryana Thunders were crowned champions of the Pro Wrestling League (PWL) 2026 after defeating Delhi Dangal Warriors in a closely contested final.
The final was held at Noida Indoor Stadium on 2 February 2026.
Turan Bayramov of Delhi Dangal Warriors was named Player of the Tournament for winning 7 out of 7 bouts in the 57 kg men’s category, scoring a total of 59 points.
Chandermohan from Punjab Royals emerged as the highest point scorer of the tournament.
Neha Sangwan (Haryana Thunders) won Player of the Match for keeping the final alive until the last bout.
Ronak (Delhi Dangal Warriors) received the Fighter of the Match award for his performance in the 125 kg men’s category.
Akshay Dhere (Haryana Thunders) was named Impact Player of the Match for her strong showing in the 57 kg men’s category

Q3. Who won the Men’s Singles title at the Australian Open 2026, completing his Career Grand Slam by defeating Novak Djokovic in the final?

(a) Daniil Medvedev
(b) Jannik Sinner
(c) Carlos Alcaraz
(d) Stefanos Tsitsipas
(e) Alexander Zverev

Answer: c

Solution:

Carlos Alcaraz won the Men’s Singles title at the Australian Open 2026, defeating Novak Djokovic in the final.
The match was played at Rod Laver Arena, Melbourne.
Alcaraz won with a scoreline of 2–6, 6–2, 6–3, 7–5, securing his first Australian Open title.
At 22 years of age, Alcaraz completed a Career Grand Slam, having won all four major tournaments.
The victory ended Novak Djokovic’s bid for a record 25th Grand Slam title.
Djokovic, aged 38, suffered his first-ever defeat in an Australian Open final after previously winning all 10 of his finals at the tournament.

Q4. The Ramsar Convention, an international treaty for the conservation and sustainable use of wetlands, was officially adopted on 2 February __________, while the theme for World Wetlands Day 2026 is “__________.”

(a) 1971; Wetlands and Human Wellbeing

(b) 1987; Wetlands and Traditional Knowledge: Celebrating Cultural Heritage

(d) 1971; Wetlands and Traditional Knowledge: Celebrating Cultural Heritage

(e) 1972; Wetlands Action for People and Nature

Answer: d

Solution:

World Wetlands Day is observed every year on 2 February to raise awareness about the importance of wetlands for ecological balance and human well-being.
The day commemorates the adoption of the Convention on Wetlands on 2 February 1971 in Ramsar, Iran, on the shores of the Caspian Sea.
The Convention on Wetlands (Ramsar Convention) is an international treaty aimed at halting wetland loss and promoting conservation and sustainable use of wetlands worldwide.
The year 2026 marks the 50th anniversary of the Ramsar Convention.
The theme for World Wetlands Day 2026 is: “Wetlands and traditional knowledge: Celebrating cultural heritage.”
The theme highlights the link between wetlands and the cultural practices, traditions, and indigenous knowledge systems of communities across the globe.

Q5. What is the budgetary provision allocated specifically for the India Semiconductor Mission (ISM) 2.0 for the Fiscal Year 2026-27?

(a) ₹500 crore

(b) ₹7,500 crore

(d) ₹1,000 crore

(e) ₹5,000 crore

Answer: d

Solution:

In the Union Budget 2026–27, the Finance Minister announced the launch of India Semiconductor Mission (ISM) 2.0.
The mission aims to strengthen India’s semiconductor ecosystem by supporting the production of equipment and materials, development of full-stack Indian intellectual property (IP), and fortifying semiconductor supply chains.
A major focus will be on establishing industry-led research and training centres to develop advanced technologies and a skilled workforce.
The government has made a budgetary provision of ₹1,000 crore for FY 2026–27 towards the implementation of ISM 2.0.
ISM 2.0 builds on the foundation of ISM 1.0, which expanded India’s semiconductor manufacturing and design capabilities.
The initiative aligns with India’s goals of technological self-reliance, digital transformation, and strategic industrial development.