Daily GK Update - 16th February 2024 Current Affairs

Daily GK Update - 16th February 2024 Current Affairs
16-February 2024...........

Defence Guru is a dedicated platform to provide DailyCurrent Affairs Updates to Defence Aspirants. Our Daily Current Affairs Update covers National Affairs, International Affairs, Economy, Sports, Awards and Honours, Books, Appointments, etc. You can follow us for regular current affairs updates. Current Affairs cover almost 15-20% of NDA, CDS, AFCAT, and MNS Exam syllabus. That’s why It becomes very important for Defence Aspirants to cover Daily Current Affairs Updates. Our Current Affairs Update is accurate, reliable, and useful for every defence exams and other exams in India.


                      Current Affairs

                                                National Affairs

Supreme Court of India has ended the Electoral Bond Scheme.

  • A five-judge bench of the Supreme Court headed by Chief Justice D.Y. Chandrachud has ended the electoral bond scheme.
  • The Electoral Bond Scheme provided anonymity to the Donors of the political parties.
  • According to the Supreme Court, the electoral bond scheme violates voters’ right to information and political funding under Article 19 (1) (a) of the constitution.
  • The Electoral Bond Scheme was managed by the State Bank of India which collected all the donations on behalf of all political parties.

Indian Coast Guard Ship Varah has made a port call at Mozambique.

  • Indian Coast Guard Ship Varah made a port call at Mazabique Capital Maputo.

Prime Minister Narendra Modi to inaugurate Barsinagar Solar Power Plant.

  • Prime Minister Narendra Modi on Friday will lay the foundation stone of NLC India's (NLCIL) 300 megawatt (MW) solar power plant in Barsingsar of Bikaner district in Rajasthan.
  •  The lignite miner's plant is part of the Ministry of New & Renewable Energy's (MNRE) CPSE Scheme.

                                              International Affairs

The economies of Japan and the UK slipped into recession.

  • Japan and the UK are both officially in recession, according to figures published Thursday, after Gross Domestic Product (GDP) fell for two consecutive quarters to close out 2023.
  • After this recession, Germany replaced Japan as the third-largest economy in the world.

Prabowo Subianto became the President of the Indonesia.

  • Prabowo Subianto emerges victorious in Indonesia’s Presidential race, securing nearly 60% of the votes in the first round.
  • His military background and alignment with President Joko Widodo’s policies propel him to a clear-cut victory, sparking positive reactions in Indonesian markets.


RBI and Nepal Rastra Bank Sign Pact for UPI-NPI Linkage.

  • The Reserve Bank of India (RBI) has announced a significant collaboration with Nepal Rastra Bank, aiming to integrate the Unified Payments Interface (UPI) of India and the National Payments Interface (NPI) of Nepal.
  • This integration seeks to streamline cross-border remittances between the two countries, facilitating instant and cost-effective fund transfers.


Test Your Knowledge

1. The Supreme Court of India recently ended which scheme?

(a) Electoral Bond Scheme

(b) Right to Information Act

(c) Aadhaar Card System

(d) GST Regime

Answer- Electoral Bond Scheme

2. Which country did the Indian Coast Guard Ship Varah visit?

(a) Sri Lanka

(b) Maldives

(c) Mozambique

(d) Seychelles

Answer- Mozambique

3. Which country overtook Japan as the third-largest economy in the world after the recent recession?

(a) China

(b) India

(c) Germany

(d) South Korea

Answer- Germany

4. What is the main goal of the agreement signed between RBI and Nepal Rastra Bank?

(a) Promoting trade between the two countries

(b) Facilitating cross-border money transfers

(c) Sharing financial data for security purposes

(d) Establishing a joint central bank

Answer- Facilitating cross-border money transfers

5. Which of the following countries slipped into recession recently?

(a) China and England

(b) Japan and Germany

(c) Srilanka and Ukraine

(d) Japan and England

Answer- Japan and England


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