Current Affairs Quiz - February, 2023

Notes:
Bengaluru -based start-up, Beta Tank Robotics, has developed a robot which can operate in oil tanks in petroleum refineries.
It was incubated at IIT Guwahati, and the project was funded by State-owned Oil India Limited. The robot does the job similar to a vacuum cleaner and thereby eliminates risks to human beings.

Notes:
The biggest book fair of Bangladesh ‘Ekushey Boi Mela’ was inaugurated in Dhaka by Prime Minister Sheikh Hasina.
The theme of this year’s book fair is ‘Poro Boi, Goro Desh: Bangbandhur Bangladesh’- Read books, build the country, a country of Bangabandhu’s dream. The Prime Minister also distributed the Bangla Academy Award 2022 in recognition of the literary works in Bangla.

Notes:
Bihar Deputy Chief minister Tejashwi Prasad Yadav inaugurated the MV Ganga Vihar at NIT Ghat in Bihar.
The floating restaurant operated by the Bihar State Tourism Development Corporation (BSTDC). The two-storied floating restaurant has a restaurant on the ground floor with a seating capacity of 48 people along with a VIP lounge and a private lounge on the top floor.

Notes:
In the Union Budget 2023, Finance Minister Nirmala Sitharaman has proposed to increase the tax rebate to Rs 7 lakh under New Tax Regime.
This means no tax will be levied on income up to Rs 7 lakh under New Regime. Standard Deduction under New Tax Regime for individuals with income up to Rs 15 lakh will be Rs 52,400. The Finance Minister has proposed to reduce the highest surcharge rate from 37 per cent to 25 per cent in the new tax regime, for individuals in the highest tax bracket.

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:
A Memorandum of Understanding (MoU) was signed between Ministry of Cooperation, Ministry of Electronics and Information Technology, NABARD and CSC e-Governance Services India Limited.
It aims to enable Primary Agricultural Credit Societies (PACS) to provide services offered by Common Service Centers. Over 300 services will be made available to the rural population including 13 crore farmer members of PACS.

Notes:
Australia’s central bank said that its new USD 5 bill would feature an Indigenous design rather than an image of King Charles III.
The King is still expected to appear on coins that currently bear the image of the late Queen Elizabeth II. The bank will consult with Indigenous groups in designing the USD 5 note.

Notes:
International Day of Zero Tolerance for Female Genital Mutilation is observed on February 6 each year to raise global awareness about the issue concerning the female genital mutilation (FGM).
This day was established in 2003 after the Campaign against Female Genital Mutilation officially declared “Zero Tolerance to FGM” in Africa on February 6.

Notes:
Medium-density Amorphous (MDA) Ice is a new form of ice that was recently discovered by scientists. This ice has same density and structure as water.
The ice was created by scientists in a container with stainless steel balls at a -200°C. The MDA ice does not have any ordered structure. It will provide the opportunity to improve the understanding of the properties of water.

Notes:
India’s first Hydrogen Internal Combustion Engine (H2ICE) technology was launched by Reliance Industries Limited (RIL) for heavy-duty trucks.
It was developed by RIL in collaboration with vehicle partners like Ashok Leyland and others and was launched during the India Energy Week 2023. The H2ICE technology minimizes carbon emissions and delivers better performance when compared with conventional diesel trucks.