Current Affairs Quiz - February, 2023

Notes:
The Economic Division of the Department of Economic Affairs (DEA) under the guidance of the Chief Economic Adviser (CEA) prepares the Economic Survey.
The Chief Economic Adviser released the Economic Survey for the current financial year (2022-23). The survey is always presented a day before the presentation of the Union Budgets. Economic Survey is a detailed report of state of national economy in the financial year.

Notes:
The five-member Supreme Court collegium led by Chief Justice of India D.Y. Chandrachud recommended to the government two High Court Chief Justices for appointment as apex court judges.
The Supreme Court has seven vacancies now while it has a sanctioned judicial strength of 34. The central government is expected to clear the names of three high court chief justices and two HC judges. With this, the working strength of the Supreme Court will go up to 32. Currently, it is 27.

Notes:
Andhra Pradesh Chief Minister YS Jagan Mohan said the State capital would be shifted to Visakhapatnam.
He was addressing the preparatory meeting for Global Investors Summit to be held in Visakhapatnam. The State government had proposed three capitals, Visakhapatnam (Executive capital), Amaravati (Legislative capital) and Kurnool (Judicial capital). Amaravati is the present capital of Andhra Pradesh.

Notes:
The Indian Coast Guard celebrated its 47th anniversary of its distinguished service’ to the nation. Its motto is ‘VAYAM RAKSHAMAH’ meaning ‘We Protect’.
The Indian Coast Guard over these four and half decades has been patrolling the country’s maritime border. It stands tall as the fourth largest Coast Guard in the world.

Notes:
Eminent artists Doly Jahur and Ilias Kanchan will be honoured with the ‘Lifetime Achievement Award’ for their contribution to the film Industry in Bangladesh.
This was announced in the National Film Awards 2021 recently announced in the country. Lal Moroger Jhuti (Call of the Red Rooster) and Nona Joler Kabbo (The Salt in our waters) will be jointly awarded in the Best Film Category.

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:
In the Union Budget 2023, Finance Minister announced Mahila Samman Bachat Patra, a one-time new small savings scheme, for a two-year period up to March 2025.
This initiative will avail a deposit facility for a woman up to Rs 2 lakh for two-year period at a fixed interest rate of 7.5% with partial withdrawal option. Maximum deposit limit of Senior Citizens’ Saving Scheme was increased from ₹15 lakh to ₹30 lakh.

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:
The UNICEF recently released the ‘Prospects for Children in the Polycrisis: A 2023 Global Outlook’, report.
It explains ‘polycrisis’ as multiple, simultaneous crises that are strongly interdependent. As per the report some effects of the crises include higher food and energy prices leading to global hunger and malnourishment, limited access to healthcare, slow recovery from learning losses etc.

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.