5 February 2026 Current Affairs

🔶 Economy, Banking & Financial Sector

PM-SETU Programme – World Bank Loan (USD 830 Million)

• Revamps ITIs to improve youth employability.

• Links skilling with industry demand.

• GS-III relevance: Human capital, demographic dividend.

Credit Card & Banking Developments

• TGB–PNB: Co-branded RuPay Credit Card → rural & regional banking inclusion.

• PNB LUXURA Metal Credit Card → premiumisation of PSU banking.

• Yes Bank: Vinay M. Tonse appointed MD & CEO → governance stability.

• Exam focus:

  • Banking reforms

  • Digital payments

  • Financial inclusion vs premium banking

🔶 Science, Technology & Defence

SFDR Technology Test (DRDO)

• Solid Fuel Ducted Ramjet successfully demonstrated.

• Enhances long-range, high-speed missile capability.

• High exam relevance:

  • Advanced propulsion systems

  • Defence indigenisation

  • Hypersonic and beyond-visual-range weapons

Indian Navy Training Deployment (1TS)

• Training Squadron visited Thailand (Phuket).

• Strengthens maritime diplomacy and naval outreach in Southeast Asia.

• Linked to Act East Policy and Indo-Pacific engagement.

BRO High-Altitude Rescue (Project Sampark)

• Conducted at Chatergala Pass (10,500 ft) , J&K.

• Highlights strategic infrastructure resilience in border areas.

• GS-III: Border infrastructure, disaster response.

🔶 Environment, Climate & Natural Hazards

Paradip Port – Cleanest Major Port

• Won Swachhata Pakhwada Award 2025.

• Reflects green port initiatives and sustainable logistics.

• Exam angle: Blue economy, port-led development.

US $12-Billion Rare Minerals Stockpile

• Aimed at reducing dependence on China.