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24th February 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam

Here is the Daily GK Update of 24th February 2021 covering the following news headlines: Atlantic Ocean, Hunar Haat, Narmadapuram, Maritime India Summit, Central Excise Day.

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 banking terms, current affairs news, etc. So, here is the GK update of 24th February 2021 to help you prepare the Current affairs part. After reading this section, you can successfully attempt Current Affairs Quiz.

National News

1. Rajnath Singh inaugurates 26th edition of ‘Hunar Haat’

24th February 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_3.1

  • Defence Minister Rajnath Singh has inaugurated the 26th edition of ‘Hunar Haat’ in New Delhi. The “Hunar Haat” will be held from February 21 to March 01, 2021, with the theme of “Vocal for Local”. More than 600 artisans and craftsmen from more than 31 states and UTs are participating.
  • Through Hunar Haat, the Union Ministry of Minority Affairs aims to provide employment and employment opportunities to 7,50,000 artisans by organising 75 Hunar Haats by 2022, when India will celebrate its 75 years of Independence.
  • The Hunar Haat is also available online at hunarhaat.org and on the Government e-Marketplace portal. Indians living abroad can buy products online as well.
  • Hunar Haat is a beautiful exhibition of India’s traditional art and craft and brings together indigenous artisans and craftsmen from across the country for the display and sale of their exquisite indigenous handmade products.

Important takeaways for all competitive exams:

  • Minister of Minority Affairs: Mukhtar Abbas Naqvi.

State News

2. CM Shivraj Singh Chouhan Renames Hoshangabad as Narmadapuram

24th February 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_4.1

  • Hoshangabad city in the state of Madhya Pradesh will be renamed Narmadapuram. This was announced by Madhya Pradesh Chief Minister Shivraj Singh Chouhan during the Narmada Jayanti programme held in Hoshangabad. Hoshangabad was earlier named after an attacker Hoshang Shah, the first ruler of Malwa.
  • However, the city will now be called Narmadapuram, after the river Narmada, the lifeline of the state. The state government will now send a proposal to the Centre to change the name of Hoshangabad to Narmadapuram. The city is famous for its beautiful ghats along the banks of the Narmada river.

Important takeaways for all competitive exams:

  • Chief Minister of Madhya Pradesh: Shivraj Singh Chouhan; Governor: Anandiben Patel.

Agreements News

3. India, World Bank ink project for enhancing school education in Nagaland

24th February 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_5.1

  • The Government of India, the Government of Nagaland and the World Bank signed a $68 million agreement for “Nagaland: Enhancing Classroom Teaching and Resources Project”, to enhance the governance of schools across Nagaland.
  • The $68 million loan from the International Bank for Reconstruction and Development (IBRD), has a final maturity of 14.5 years including a grace period of 5 (five) years.
  • The “Nagaland: Enhancing Classroom Teaching and Resources Project” will improve classroom instruction; create opportunities for the professional development of teachers, and build technology systems to provide students and teachers with more access to blended and online learning as well as allow better monitoring of policies and programmes.

Important takeaways for all competitive exams:

  • Chief Minister of Nagaland: Neiphiu Rio; Governor of Nagaland: R. N. Ravi.
  • World Bank Headquarters: Washington DC, United States.
  • World Bank President: David Malpass.
  • World Bank Founded: July 1944.

4. India signs trade deal, $100 million defence agreement with Mauritius

24th February 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_6.1

  • The Indian foreign minister S Jaishankar was on an official visit to two key Indian Ocean region countries- Maldives and Mauritius. The External Affairs Minister (EAM) S Jaishankar visited the Island nation Mauritius to review the comprehensive and important bilateral relationship between the two nations.
  • India signed a Free Trade Agreement (FTA) or (Comprehensive Economic Cooperation Partnership Agreement-(CECPA)) with Mauritius.
  • The FTA or CECPA is the first such pact with any African country, and will help Mauritius to emerge as a “hub of Africa”.
  • India has also offered a USD 100 million Line of Credit (LoC) to Mauritius to facilitate the procurement of defence assets.
  • Apart from this, an agreement has also been signed between the two countries to provide a Dornier aircraft and an Advanced Light Helicopter Dhruv on lease to Mauritius on a gratis basis for 2 years, so that the country can carry out patrolling activities and monitor its vast maritime domain more effectively.

Important takeaways for all competitive exams:

  • Prime Minister of Mauritius: Pravind Jugnauth; President: Prithvirajsing Roopun.
  • Mauritius Currency: Mauritian rupee.
  • Mauritius Capital: Port Louis.

Summits and Conferences News

5. PM Narendra Modi To Inaugurate 2nd Edition of ‘Maritime India Summit’

24th February 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_7.1

  • Prime Minister Narendra Modi will inaugurate the virtual Maritime India Summit (MIS) 2021, from March 2 to 4, 2021. The ‘Maritime India Summit 2021’ is the flagship initiative of the Union Ministry of State for Ports, Shipping & Waterways (MoPSW), Government of India. FICCI is the industry partner for the summit.
  • The theme of the event is “Exploring the potential business opportunities in the Indian Maritime sector and making Aatmanirbhar Bharat”.
  • The objective of the Summit is to promote both domestic and international investment in the Indian Ports and Maritime sector.

Important takeaways for all competitive exams:

  • Minister of State (Independent Charge) of the Ministry of Shipping: Mansukh L. Mandaviya.

Awards News

6. Dadasaheb Phalke International Film Festival Awards 2021 announced

24th February 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_8.1

The prestigious Dadasaheb Phalke International Film Festival awards 2021 were announced, to honour the best in Indian cinema, television, music, and OTT. Late actor Sushant Singh Rajput was posthumously awarded ‘Critics Best Actor’ for his performance in Dil Bechara.

The winner of the Award for 2021 are as follows:

  1. Best Actor (Female): Deepika Padukone, Chhapaak
  2. Best Actor (Male): Akshay Kumar, Laxmii
  3. Critic’s Best Actress: Kiara Advani, Guilty
  4. Critic’s Best Actor: Late Sushant Singh Rajput, Dil Bechara
  5. Best Film: Tanhaji: The Unsung Warrior
  6. Best International Feature Film: Parasite Most Versatile Actor – Kay Kay Menon
  7. Best Director: Anurag Basu, Ludo
  8. Best Actor in a Supporting Role: Vikrant Massey, Chhapaak
  9. Best Actress in Supporting Role: Radhika Madan, Angrezi Medium
  10. Best Actor in Comic Role: Kunal Kemmu, Lootcase
  11. Best Actor (Web Series): Bobby Deol, Aashram
  12. Best Actress (Web Series): Sushmita Sen, Aarya
  13. Best Web Series: Scam (1992)
  14. Album of the Year: Titliyaan
  15. Best Television Series: Kundali Bhagya
  16. Photographer of the Year: Daboo Ratnani
  17. Style Diva of the Year: Divya Khosla Kumar
  18. Best Actress in Television Series: Surbhi Chandna
  19. Best Actor in Television Series: Dheeraj Dhoopar
  20. Performer of the Year: Nora Fatehi
  21. Outstanding Contribution to Film Industry: Dharmendra
  22. Outstanding Contribution to Literature in Indian Cinema: Chetan Bhagat

Science and Technology News

7. Spacecraft Named in Honor of Black Woman ‘hidden Figures’ Mathematician

24th February 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_9.1

  • A space supply ship, Cygnus NG-15 cargo dubbed as ‘S.S. Katherine Johnson has been named in honour of Katherine Johnson, a Black NASA mathematician, who played a critical role in the success of the first U.S. crewed spaceflight, Mercury-Atlas 6 Mission.
  • The S.S. Katherine Johnson arrived on February 22, 2021, and will be at the International Space Station until May 2021.
  • Mrs Johnson was a pioneering mathematician known for her hand-written calculations. She helped astronaut John Glenn, to become the first American to orbit Earth, after personally verifying his Mercury missions’ orbital trajectory calculations. Her contributions were also featured in the Oscar-nominated film Hidden Figures.

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.

Sports News

8. Karnataka to Host 2nd Khelo India University Games 2021

24th February 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_10.1

  • The second edition of the Khelo India University Games (KIUG) 2021, is scheduled to be held in Karnataka. This announcement was made by the Karnataka Chief Minister, Shri BS Yediyurappa and Union Minister of Youth Affairs and Sports, Kiren Rijiju.
  • The KIUG-2021 will be hosted by JAIN (Deemed-to-be University), Bengaluru, in partnership with the Association of Indian Universities (AIU).
  • In 2021, Yogasana and Mallakhamb have been added to the University Games, in an effort to preserve and promote the century-old sporting disciplines of the country.

9. World’s biggest cricket stadium set for first match

24th February 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_11.1

  • President Ram Nath Kovind has inaugurated the newly revamped Motera cricket stadium in Ahmedabad, which has been renamed the Narendra Modi Stadium.
  • The biggest cricket stadium in the world will hold its first international match, with the newly renovated Sardar Patel Stadium to host the third Test between India and England. Both India and England had a forgettable outing in their last pink-ball outings. 
  • The stadium was first opened in the early 1980s but has recently been rebuilt and now has a seating capacity of 110,000.
  • Motera currently is the biggest cricket stadium in the world in terms of capacity.
  • The last time when India played a cricket match at Motera was way back in 2014.

Important Days

12. Central Excise Day: 24 February

24th February 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_12.1

  • Central Excise Day is celebrated every year on February 24 across India. The day is being celebrated to honour the service of the Central Board of Excise and Custom (CBEC) to the country.
  • The day is celebrated to honour the officers associated with CBEC and their services. This is done to encourage the officers to carry out their duties with utmost sincerity.
  • The officers, every year perform checking of corruption in goods from the manufacturing sector. The day is celebrated to commemorate the legislation of the Central Excise and Salt act on 24 February 1944.

Important takeaways for all competitive exams:

  • Chairman of Central Board of Excise and Custom: M. Ajit Kumar.
  • Headquarters of Central Board of Excise and Custom: New Delhi.
  • Central Board of Excise and Custom Founded: 1 January 1964.

Obituaries News

11. Former TRAI Chairman Rahul Khullar passes away

24th February 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_13.1

  • Rahul Khullar, the former chairman of the Telecom Regulatory Authority of India (TRAI) has passed away. He was a 1975-batch Indian Administrative Service (IAS) officer, who was appointed as TRAI chief in May 2012.
  • He served at TRAI for three years. Prior to being appointed as TRAI chief, he was a secretary of the Ministry of Commerce and Trade.

Miscellaneous News

12. Jasmine Harrison from UK becomes youngest woman to row Atlantic Ocean

24th February 2021 Daily GK Update: Read Daily GK, Current Affairs for Bank Exam_14.1

  • A British woman, Jasmine Harrison of England has become the youngest woman to row solo across the Atlantic Ocean. The 21-year-old from Thirsk, North Yorkshire in the UK, achieved the feat by finishing top in the 2020 Talisker Whisky Atlantic Challenge, organized by Atlantic Campaigns.
  • Harrison, who is a swim instructor and bartender by profession, travelled 3,000 miles (4,828km) across the Atlantic Ocean in 70 days, 3 hours and 48 minutes. Harrison began her journey in Spain’s Canary Islands on December 12, 2020, and arrived in Antigua on February 20, 2021.

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