Current Affairs Quiz - February, 2023

Notes:
Reliance Consumer Products announces strategic partnership with Sri Lanka’s Maliban Biscuit Manufactories.
Reliance Consumer Products Limited is the FMCG arm of Reliance Retail Ventures Limited. Maliban is Sri Lanka’s pioneering biscuit manufacturer well-known for the last 70 years for its range of products.

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:
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:
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:
National Research Foundation is an autonomous agency that comes under the aegis of Ministry of Science and Technology (DST).
The Union Budget 2023-24 has earmarked Rs.2,000 crore as an outlay for the National Research Foundation to boost research and innovation within India.

Notes:
A new species of frog known as the Ukaguru spiny-throated reed frog has been discovered in African country Tanzania.
The frog has an uncommon characteristic of being completely silent, unlike other frogs that croak, sing, or ribbit. This frog belongs to the ‘spiny-throated’ group. They are only found in small populations, making them vulnerable to extinction.

Notes:
The eXperiential Technology Innovation Centre (XTIC) is a newly established research institute in IIT Madras.
It is India’s research and product innovation centre focusing on extended reality and haptics technology. An MoU was signed recently between ISRO and the IIT Madras to develop a training module for the Indian spaceflight programme at the XTIC. It will be developed using the augmented reality, virtual reality and mixed reality.

Notes:
Kerala Police have recently arrested 113 people who were accused in various criminal cases, under ‘Operation Aag’.
The raids are being held to arrest those who were placed under the Kerala Anti-Social Activities (Prevention) Act. Other initiatives of the state police include ‘Pink patrol’ which is specifically for women’s safety, ‘Prasanthi’ for senior citizens among others.

Notes:
The Gulf Cooperation Council (GCC) is a union of six Arab states namely Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates.
The Indian Government revealed that around half of India’s migrant population works in the Gulf Cooperation Council (GCC) countries. Most of the migrants are semi-skilled or unskilled workers, while 20-23% are white-collar professionals such as doctors, engineers, architects, chartered accountants, and bankers.

Notes:
According to production data of Food and Agriculture Organization Corporate Statistical Database (FAOSTAT), India ranks first in the world contributing twenty-four percent of global milk production in the year 2021-22.
The milk production of India has registered fifty-one percent increase between 2014-15 and 2021-22 and increased to twenty-two crore tonne in the year 2021-22.