Daily Headlines 3rd February 2021

Economy

• According to Union Budget 2021-22, the Fiscal deficit for the financial year 2021-22 pegged at – 6.8 percent.
• The Government increased the Foreign Direct Investment (FDI) limit from 49 to 74 percent in Insurance Companies and allowed foreign ownership and control with safeguards; It has been proposed to infuse _____ to re-capitalized Public Sector Banks – 20 thousand crore rupees. 
• To create an ecosystem which promotes innovation in the securities market, _____ and Securities and Exchange Board of India (SEBI) have announced the launch of Innovation Sandbox web portal – BSE (formerly Bombay Stock Exchange).
• Bank credit grew _____ to Rs 106.41 lakh crore, while deposits increased by 11.41 percent to Rs 146.25 lakh crore in the fortnight ended 15 January 2021, RBI data showed – 6.36 percent.

International

• By April 2021, this company will launch four private individuals on a Crew Dragon capsule into orbit around the Earth, dubbed as ‘the world’s first all-civilian mission’, called ‘Inspiration4’ – SpaceX.

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National

• New proposed scheme by the Government to enable the textile industry to become globally competitive, attract large investments, boost employment generation and exports – Mega Investment Textiles Parks (MITRA).

Persons in News

• Indian-American scientist who has been appointed as the Acting Chief of Staff of the US space agency, National Aeronautics and Space Administration (NASA) – Bhavya Lal.

State Current Affairs

• Recipient of the prestigious Bruhan Maharashtra Sahitya Award 2021 by the Maharashtra Government for translation of Marathi Book ” Saudytale Divas” written by Rupali Mauzo – Aditi Barve.
• This state government announced the ‘Karmaveer Yoddha Medal’ for all the policemen and Home Guard personnel, who worked hard during the fight against the coronavirus pandemic – Madhya Pradesh.
• This state government has decided to implement a scheme called Fund Security for Women – Telangana.
• Kerala’s first Human Milk Bank (HMB) opened at the – Ernakulam general hospital, Kochi.

General Knowledge

• Securities and Exchange Board of India (SEBI) – Founded: 12 April 1988 (Acquired Statutory Status on 30 January 1992); Headquarters: Mumbai, Maharashtra.
• BSE (formerly Bombay Stock Exchange) – Founded: 09 July 1875; Founder: Premchand Roychand; Headquarters: Mumbai.
• Indian Space Research Organisation (ISRO) – Founded: 15 August 1969; Founder: Vikram Sarabhai; Headquarters: Bengaluru.
• Indian Home Guard was reorganised in India in – 1966.
• World Health Organization (WHO) – Founded: 07 April 1948; Founder: Brock Chisholm; Headquarters: Geneva, Switzerland.