Daily Current Affairs – 05 February 2026 for Competitive Exams

📘 Introduction – Why in News?

Daily Current Affairs 05th February 2026 highlights significant developments such as India joining BRICS Centre for Industrial Competencies, Supreme Court directing formation of Pennaiyar River Tribunal, World Bank funding PM-SETU, US rare minerals reserve, and major defence and science breakthroughs. These updates are critical for aspirants preparing for government exams where current affairs carry high weightage.

📌 Detailed Explanation & Key Developments

🏦 Banking, Finance & Business

• Tripura Gramin Bank (TGB) became India’s first Regional Rural Bank (RRB) to launch a Co-Branded RuPay Credit Card with Punjab National Bank (PNB).
• PNB launched LUXURA Metal Credit Card on the Visa Infinite platform for premium customers.
• The World Bank approved USD 830 million funding for PM-SETU (Pradhan Mantri – Skilling and Employability Transformation through Upgraded ITIs) to modernise Industrial Training Institutes (ITIs).

🏛️ National & State News

• The Supreme Court of India directed the Centre to set up a Pennaiyar (Thenpennai) River Water Disputes Tribunal under Article 262.
• Andhra Pradesh proposed an exclusive Women Industrial Park (30 acres) to promote women entrepreneurship, supported by FICCI-FLO and APIIC.
• India officially joined the BRICS Centre for Industrial Competencies (BCIC) to strengthen manufacturing skills and MSME competitiveness.

🌍 International Affairs

• The World Government Summit 2026 opened in Dubai, UAE, under the theme “Shaping Future Governments”.
• United States announced a $12-billion Critical Rare Minerals Reserve (Project Vault) to reduce dependence on China.
• Spain became the first European country to ban social media for children under 16, second globally after Australia.

🧑‍⚖️ Appointments & Resignations

• Yumnam Khemchand Singh was chosen as Leader of BJP Legislature Party, set to become Chief Minister of Manipur.
• Vinay Muralidhar Tonse appointed MD & CEO of Yes Bank, approved by the Reserve Bank of India (RBI).

🏆 Awards & Honours

• Indian-origin climate scientist Veerabhadran Ramanathan won the Crafoord Prize 2026 (Nobel of Geosciences).
• Paradip Port Authority won First Prize at Swachhata Pakhwada Awards 2025.

🛡️ Defence News

• Defence Research & Development Organisation (DRDO) successfully demonstrated Solid Fuel Ducted Ramjet (SFDR) technology from Chandipur, Odisha.
• Indian Navy’s First Training Squadron reached Phuket, Thailand, strengthening ASEAN–India maritime cooperation.
• Border Roads Organisation (BRO) executed a high-altitude rescue at Chatergala Pass, J&K.

🔬 Science & Technology

• Moltbook, an AI-only social platform by OctaneAI CEO Matt Schlicht, emerged as a global AI socialisation experiment.
• Guatemala’s Volcán de Fuego erupted dramatically, with ash plumes reaching 16,000 feet.

📊 Ranking & Index

• Responsible Nations Index 2026 released by World Intellectual Foundation (WIF):
  • Rank 1: Singapore
  • India: 16th
  • USA: 66th, China: 68th

📋 Important Tables for Exam Revision

🔹 Key Banking & Finance Updates

🔹 Appointments Snapshot

🧠 Key Highlights

• India joined BCIC to strengthen industrial skills.
• SFDR missile technology boosts India’s air-to-air combat edge.
• Elon Musk became the world’s first $800-billion individual.
• India–China trade touched USD 155.6 billion in 2025.

📌 One-Liner Points for Quick Revision

1. Supreme Court ordered formation of Pennaiyar River Tribunal under Article 262.
2. World Bank funded PM-SETU with USD 830 million.
3. Tripura Gramin Bank launched India’s first RRB RuPay credit card.
4. India joined BRICS Centre for Industrial Competencies.
5. Spain banned social media for children below 16 years.
6. DRDO successfully tested SFDR technology.
7. Veerabhadran Ramanathan won Crafoord Prize 2026.
8. Paradip Port Authority won Swachhata Pakhwada Award 2025.
9. US announced $12-billion rare minerals reserve.
10. Singapore topped Responsible Nations Index 2026.

🔗 Useful Links for Aspirants

• 👉 Daily Current Affairs
• 👉 Daily Current Affairs Free Quizzes
• 👉 Weekly Current Affairs
• 👉 Monthly Current Affairs
• 👉 Static GK for Competitive Exams
• 👉 Latest Government Jobs Notifications

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