Current Affairs Quiz - February, 2023

Notes:
The Reserve Bank of India issued Master Direction – Reserve Bank of India (Acquisition and Holding of Shares or Voting Rights in Banking Companies) Directions.
As per the directions, permission to acquire shares or voting rights in a banking company for non-promoter will be limited to 10 % in case of individuals, non-financial institutions, and financial institutions connected with large industrial houses. The limit is 15 % in case of financial institutions, PSUs and government. RBI recently allowed DSP Investment Managers to hike its stake in DCB Bank to 9.99 per cent.

Notes:
The state government of Punjab notify a policy to meter and charge groundwater extraction by industries and other establishments.
Anyone with an existing bore-well or digging afresh will have to take permission from Punjab Water Regulation and Development Authority (PWRDA). There will be exemptions including farmers using water for agriculture purposes, places of worship, drinking and domestic Water Supply Scheme of Government, among others.

Notes:
Union Finance Minister Nirmala Sitharaman announced a new initiative for empowering the Vishwakarma community.
The PM VIKAS (Pradhan Mantri Vishwakarma Kaushal Samman) yojana will provide support by providing skills training to artisans and craftsmen people engaged in traditional and skilled professions. The special package will help integrate them with MSME value chain.

Notes:
Union Finance Minister announced an initiative called MISHTI ‘Mangrove Initiative for Shoreline Habitats and Tangible Incomes’.
Under the scheme, mangrove plantations will be taken up along the country’s coastline apart from salt pans, wherever feasible, through the convergence of the job guarantee scheme MGNREGS, the Compensatory Afforestation Fund, and other sources.

Notes:
Finance Minister Nirmala Sitharaman announced a grant of ₹5,300 crore for the Upper Bhadra Irrigation Project in Karnataka in the Union Budget 2023.
The fund will be used to provide sustainable micro irrigation and filling up of surface tanks for drinking water. Karnataka was the only state mentioned in the budget.

Notes:
In the Union Budget 2023, the Government enhanced the outlay for Pradhan Mantri Awas Yojana by 66 per cent to 79000 crore.
Pradhan Mantri Awas Yojana is an initiative by the Ministry of Housing and Urban Affairs. The Finance Minister also proposed to use Permanent Account Number (PAN) card as a common identifier for all digital systems of government agencies.

Notes:
Equatorial Guinea has appointed Manuela Roka Botey as prime minister. She became the first woman in the country to hold the position. President Teodoro Obiang Nguema Mbasogo, who has ruled the country since 1979, made the announcement.
Ms Rotey was previously the education minister and joined the government in 2020. She replaces former premier Francisco Pascual Obama Asue.

Notes:
Authorities in Western Australia announced that they have found a tiny radioactive capsule which went missing last month.
The capsule was found when a vehicle equipped with specialist equipment detected radiation. The object was lost while being transported along a 1,400 km route across the state. It contains a small quantity of Caesium-137, which could cause skin damage, burns or radiation sickness.

Notes:
Maharashtra tops the list in sales of electric vehicles across all segments which have availed of the FAME II subsidy.
It is followed by Karnataka, Tamil Nadu, Gujarat and Rajasthan. The top five states collectively account for over 56 per cent of the 0.85 million electric vehicles bought through the scheme, according to government data. Under the FAME II scheme, the government earmarked Rs 10,000 crore as a subsidy to electric vehicles. The scheme has been extended till March-end 2024.

Notes:
Google has invested nearly USD 400 million in artificial intelligence start-up Anthropic AI. The two companies announced a partnership that will see the AI start-up use Google’s cloud computing services.
Anthropic CEO Dario Amodei announced that they would use Google Cloud to build reliable, interpretable, and steerable AI systems and to create a robust AI platform.