Daily GK Update 1 February 2020: Read Daily GK-Current Affairs Update

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 1 February 2020 to help you prepare the Current affairs part. After reading this section, you can successfully attempt Current Affairs Quiz.

Economy 

1. Union Budget 2020-21 is being presented by FM Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman is presenting the Union Budget 2020 for the 2nd time in a row. The Union Budget is the yearly financial report estimating the income and expenditure presented to outline future policies to be adopted by the government for sustainable growth and development. The Economic Survey 2019-20 was released on 31st January 2020 by the Chief Economic Advisor of India, Krishnamurthy Subramanian. The GDP growth of India’s forecasts at between 6 to 6.5% for the fiscal year starting April. Sabka Sath, Sabka Vikas, Sabka Vishwas was the tagline of government mentioned by Finance Minister Nirmala Sithraman in her speech.

This time 3 themes of Union Budget 2020-21:

  • aspirational India,
  • economic development for all, and
  • develop a caring society

For more Information of Union Budget 2020-21: Click here 

International Current Affairs 

2. Global health Emergency declared over Coronavirus by WHO

World Health Organization has declared an international emergency over the novel coronavirus from China. The organization has declared an emergency as the disease has spread to 18 other countries apart from China where it originated.

Important takeaways for all competitive exams:

  • WHO Headquarters: Geneva, Switzerland; Director general: Tedros Adhanom.

Science and Technology

3. ISRO working on low-cost satellite launch vehicles

The Indian Space Research Organisation (ISRO) has announced that it is preparing low-cost satellite launch vehicles costing around 30-35 crores each. These low-cost launch vehicles can put into orbit satellites weighing 500 kgs.

Important takeaways for all competitive exams:

  • ISRO Director: K.Sivan; Headquarters: Bengaluru; Established: 1969.

Defence

4. 1st indigenous bio-jet fuel aircraft of IAF landed successfully in Leh

The AN-32 aircraft of Indian Air Force powered with 10% blend of bio-jet fuel took off and landed successfully in Leh airport.

Important takeaways for all competitive exams:

  • Air Chief Marshal of India: Rakesh Kumar Singh Bhadauria.
  • The motto of the Indian Air Force: Nabha Sprsham Deeptam (The Glory that touches the sky).

Sports

5. Goa 2020 National Games unveils ‘Rubigula’ as official mascot

‘Rubigula’, Flame-Throated Bulbul, has been unveiled as the official mascot for the Goa 2020 National Games in Panaji, Goa. The Flame-Throated Bulbul is the state bird of Goa. Goa will be hosting the 36th edition of the National Games from 20th October to 4th November 2020.

Important takeaways for all competitive exams:

  • Chief Minister of Goa: Pramod Sawant; Governor of Goa: Satya Pal Malik.
  • Union Minister of Youth Affairs and Sports Kiren Rijiju.

Obituaries

6. Veteran social activist and feminist writer Vidya Bal passes away

Social activist, feminist writer and journalist Vidya Bal passed away. She was known for her heroic oppressive practices involving women.

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