Latest Current Affairs 2022: 1st February Daily GK update

Here is the Daily Current Affairs Update of 01st February 2022 covering the following news headlines: Union budget 2022-23, SeHAT scheme, World Games Athlete of the Year award, Chennai Super Kings, Tata Steel Chess 2022.

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Top 15 Daily Current Affairs Updates: National & International News

Here is providing below the top 15 important Daily General Knowledge GK 2021 updates with national & international news.

National News

1. Prime Minister Modi launches Pandit Jasraj Cultural Foundation 

• Prime Minister Narendra Modi has launched the Pandit Jasraj Cultural Foundation on the occasion of the 92nd birth anniversary of the Indian classical vocalist.
• Prime Minister Modi said that the World is entitled to benefit from Indian music like they have from Yoga.

International News

2. Xiomara Castro sworn in as first female President of Honduras 

• In Honduras, the Freedom and Refoundation Party (Libre) member Xiomara Castro has been sworn in as the first female President of the country. The 62-year-old Castro replaces President Juan Orlando Hernández, as 56th President of Honduras. Hernández has held the position for eight years from 27 January 2014 to 27 January 2022.
• Castro announced part of her cabinet Thursday, with her son Hector Zelaya as private secretary and Jose Manuel Zelaya — her husband’s nephew — as defence minister.

Banking News

3. RBI imposed restrictions on Indian Mercantile Cooperative Bank Ltd

• Reserve Bank of India has imposed several restrictions on Indian Mercantile Cooperative Bank Ltd, Lucknow, including a cap of Rs 1 lakh on withdrawals. The restrictions came into force from the closure of business hours on January 28, 2022.
• RBI said the Lucknow-based co-operative bank will not, without its prior approval, grant or renew any loans and advances, or make any investment. The restrictions would remain in force for six months and are subject to review.
• The RBI has imposed the above restriction in the exercise of powers vested in it under sub-section (1) of Section 35 A read with Section 56 of the Banking Regulation Act, 1949 (AACS). In particular, a sum not exceeding Rs 1 lakh of the total balance across all savings bank or current accounts or any other account of a depositor, may be allowed to be withdrawn, subject to certain conditions.

Business News

4. Tata group acquires Neelachal Ispat Nigam Ltd for Rs 12,100 crore 

• Tata Group company, Tata Steel Long Products Ltd’s (TSLP) has acquired Odisha-based Neelachal Ispat Nigam Ltd (NINL) for Rs 12,100 crore.
• Neelachal Ispat Nigam Ltd (NINL) is a steel plant located in Kalinganagar in Odisha and was shut in March 2020 due to continued losses. It has a capacity of 1.1 million tonnes a year.
• This is the 1st instance of privatisation of a public sector steel manufacturing enterprise in India.

5. NPCI announces UPI safety and awareness week

• National Payments Corporation of India (NPCI) and the UPI ecosystem (comprising of leading banks and fintechs) have announced the UPI Safety and Awareness initiative, to create awareness amongst consumers. Under this initiative, NPCI and the UPI ecosystem will observe February 1-7 as ‘UPI Safety and Awareness Week’ and the whole of February as ‘UPI Safety and Awareness Month’.
• NPCI has urged users to follow the concept of UPI Safety Shield which mentions 5 tips for safe UPI transactions. With an aim to create awareness amongst consumers, National Payments Corporation of India (NPCI) and the UPI ecosystem have announced the UPI Safety and Awareness initiative.

Economy News

6. Union budget 2022-23 is being presented by FM Nirmala Sitharaman

• Union Finance Minister, Nirmala Sitharaman is presenting the Union Budget 2022 for the 4th time in a row. She will be presenting the financial statements and tax proposals for the fiscal year 2022-23 (April 2022 to March 2023).
• A Made in India tablet has replaced the traditional ‘Bahi Khata’ as Union Finance Minister Nirmala Sitharaman leaves the Finance Ministry’s office to go to the Parliament to present the Budget.

Schemes News

7. Ministry of Defence begins Home Delivery of medicines under SeHAT scheme 

• Ministry of Defence had launched the Services e-Health Assistance and Teleconsultation (SeHAT) medical teleconsultation service for all entitled armed forces personnel and their families in May 2021. To add further to this initiative, the Home Delivery or Self Pickup of Medicines to patients seeking consultation on SeHAT will be started w.e.f February 01, 2022. 
• SeHAT stay home OPD is a patient-to-doctor system where the patient can consult a doctor remotely through the internet using his Smartphone, laptop, Desktop or Tablet.

Summits and Conferences News

8. PM Modi addresses 30th National Commission for Women Foundation Day

• Prime Minister Shri Narendra Modi has addressed 30th National Commission for Women Foundation Day programme on January 31, 2022, via video conference. The event was organised to celebrate the achievements of women in different fields. The theme of the programme was ‘She The Change Maker’.
• The Prime Minister remarked that today, in changing India, the role of women is continuously expanding. Therefore, he said, the expansion of the role of the National Commission for Women is also the need of the hour. All the women’s commissions of the country will also have to increase their scope and give a new direction to the women of their states.

Science and Technology News

9. Samsung Surpasses Intel as World’s top semiconductor company in 2021

• South Korean electronics manufacturing giant, Samsung Electronics surpassed U.S chipmaker Intel to become the world’s leading chipmaker by revenue in 2021, according to a report released by research firm Counterpoint Technology Market Research.
• While Intel posted relatively flattish results, Samsung took the lead with a strong DRAM and NAND flash market performance in 2021. Samsung also saw solid momentum in logic chips this year.

Awards News

10. PR Sreejesh wins World Games Athlete of the Year award 2021

• Indian men’s hockey player PR Sreejesh has won the World Games Athlete of the Year award for 2021. He is the second Indian after Rani Rampal to win this award. In 2020, Indian women’s hockey captain Rani Rampal became the first Indian to win the honour for her performances in 2019.
• A total of 24 athletes from 17 countries were nominated for the annual awards based on individual or team performance. Alberto Ginés López of Spain and wushu player Michele Giordano of Italy are the runner-ups. In the FIH Stars Awards in October, Sreejesh was named the goalkeeper of the year for 2021.

Sports News

11. Chennai Super Kings becomes India’s First Unicorn Sports Enterprise

• Chennai Super Kings (CSK), has become the country’s first sports Unicorn with its market cap having touched a high of Rs 7,600 crores and its share in the grey market trading in the Rs 210-225 price band.
• The Mahendra Singh Dhoni-led CSK, which won its fourth IPL title in Dubai last year, now has a market cap more than its parent entity, India Cements. India Cements’ market cap stood at Rs 6,869 crores.

12. Tata Steel Chess 2022: Magnus Carlsen beats Fabiano Caruana

• World Champion Grand Master Magnus Carlsen has secured his victory in Wijk Aan Zee (Netherlands) with a round to spare. The world champion defeated GM Fabiano Caruana and now leads the 2022 Tata Steel Chess Tournament by a full point. It was his 8th win, a unique achievement.
• Erigaisi Arjun (India) has won the Tata Steel Challengers. By doing so he has earned a spot in the Tata Steel Masters next year. The 85th edition of the Tata Steel Chess Tournament will take place from 13 – 29 January 2023.

13. Unnati Hooda and Kiran George wins 2022 Odisha Open

• Indian teenager Unnati Hooda beat compatriot Smit Toshniwal, 21-18, 21-11, to claim the women’s singles title at the 2022 Odisha Open badminton tournament. The 14-year old Unnati is the youngest Indian to win the tournament.
• In men’s singles, India’s 21-year-old Kiran George beat Priyanshu Rajawat 21-15, 14-21, 21-18 to emerge as the winner. The 2022 Odisha Open is a BWF Super 100 tournament, organized at the Jawaharlal Nehru Indoor Stadium, Cuttack, Odisha.

Books and Authors News

14. A book titled ‘Operation Khatma’ authored by R C Ganjoo & Ashwini Bhatnagar

• A book titled ‘Operation Khatma’ has been released which is authored by journalists RC Ganjoo and Ashwini Bhatnagar. The book is based upon the operation by the Special Operations Group of Jammu & Kashmir Police which led to the killing of 22 terrorists of the Jammu & Kashmir Liberation Front (JKLF).
• It is a graphic first-hand thriller on terrorism in Kashmir. The blood-splattered rivalry between JKLF and HM, and the short, sharp surgical strike -OPERATION KHATMA- that broke the back of terrorism in the Valley.

Miscellaneous News

15. Indian Coast Guard celebrates its 46th Raising Day 2022

• Indian Coast Guard is celebrating its 46th Raising Day on 01 Feb 2022. As the fourth largest Coast Guard in the world, the Indian Coast Guard has played a significant role in securing the Indian Coasts and enforcing regulations in the Maritime Zones of India.
• The ICG was formally established on February 1, 1977, by the Coast Guard Act, 1978 of the Parliament of India. It operates under the Ministry of Defence.