Current Affairs Quiz - February, 2023

Notes:
Finland has invited Indian tech employees to migrate there for work, offering opportunities as global tech companies lay off thousands of employees. Over 10,000 Indians live in Finland for work and education.
Finland aims to double work-based migration and triple study-based migration by 2030. Business Finland, a government organisation for innovation funding and trade, travel and investments signed MoU with the Confederation of Indian Industry for talent mobility, in December 2022.

Notes:
The GST collection in January surged to over ₹ 1.55 lakh crore, second highest-ever collection recorded.
This is for the third time, in the current financial year that the GST collection has crossed ₹ 1.50 lakh crore mark. The highest collection so far is the ₹ 1.68 lakh crore gross mop-up reported in April 2022.

Notes:
WAPCOS is an engineering consultancy and construction services firm under the Jal Shakti Ministry. In September 2022, it filed draft papers with market regulator SEBI for launching an IPO by selling 3.25 crore shares held by the Government.
Department of Investment and Public Asset Management (DIPAM) announced recently that the Government is targeting to launch the initial public offering (IPO) of IREDA, and WAPCOS, in the next fiscal.

Notes:
Khelo India Winter Games 2023 will be held in the town of Gulmarg in Jammu and Kashmir in February 2023.
Youth Affairs and Sports Minister Anurag Singh Thakur launched the Mascot, Theme song and Jersey for 3rd edition of Khelo India Winter Games.

Notes:
After floating over the US for days, a suspected Chinese surveillance balloon has been shot down by the US Defence officials.
The balloon is said to have a payload the size of several buses. China’s foreign ministry denied that the balloon was used for surveillance, and it said that it was a civilian airship used for meteorological and other scientific research

Notes:
The Indian Railways has been allocated a capital outlay of Rs 2.4 lakh crore in the Union Budget 2023-24.
This is the highest ever allocation to the national transporter. Last year, a gross budgetary support of Rs 1.37 lakh crore was allotted in fiscal 2022-23.It is estimated that there is a need to lay 1 lakh kilometres of tracks over the coming 25 years as more goods movement shifts from roads to railways.

Notes:
Ministry of Heavy Industries implements the ‘FAME (faster adoption and manufacturing of electric vehicles) scheme’.
The government has nearly doubled its budgetary allocation for the FAME scheme to subsidise the purchase of electric vehicles. As per the budget, the subsidy under FAME scheme for fiscal 2024 is projected at Rs 5,172 crore, compared to the revised estimate of Rs 2,897 crore in the current fiscal year. This is the highest allocation under the scheme since its launch in 2020.

Notes:
The Indian military forces concluded a joint training exercise named ‘Trishakti Prahar, which began in North Bengal.
As per defence sources, the aim of the exercise was to practice battle preparedness of the security forces, using latest weapons and equipment in a networked, integrated environment, involving the Army, the Indian Air Force and CAPFs.

Notes:
The United States and the Philippines announced plans to expand America’s military presence in the Southeast Asian nation.
The countries decided to accelerate full implementation of their ‘Enhanced Defense Cooperation Agreement (EDCA)’. As part of the agreement, the U.S. has allocated $82 million toward infrastructure improvements at five current EDCA sites. This will provide access to four more bases to the US.

Notes:
The First G-20 Energy Transition Working Group meeting was recently inaugurated in Bengaluru in the presence of Union Minister of Power and New and Renewable Energy R K Singh and Union Minister of Coal and Mines Prahlad Joshi.
India stands committed to reduce emissions intensity of GDP by 45 percent by 2030 from 2005 level. The country also aims to achieve close to 50 percent cumulative electric power installed capacity from non-fossil fuel-based energy resources by 2030.