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:
World Cancer Day is observed every year on February 4, to unite the world in the fight against cancer.
The first Cancer Day was celebrated in Geneva, Switzerland in the year 1933. It was led by the World Health Organisation. The theme for World Cancer day for the last three years – 2022, 2023 and 2024 is “Close The Care Gap”.

Notes:
A set of new family laws, referred to as ‘Federal Personal Status Laws’, for non-Muslims residing in the United Arab Emirates (UAE) came into force.
These laws will apply to non-Muslim expatriates or foreigners living in UAE and cover various aspects of family law like marriage, divorce, child custody, inheritance, wills, and paternity. The new reforms to UAE’s judicial systems originate from Abu Dhabi’s Civil Family Court System, which allows non-Muslim couples to divorce or marry without following the Sharia laws.

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.

Notes:
Kiruna is a town in northern Sweden that houses over 18,000 individuals and a tonne wooden church.
This town is currently under threat of being consumed by the world’s largest iron ore mine that is under the control of the Swedish state-owned company LKAB. This entire town is currently being relocated and it is considered as one of the significant relocations happened in the world.

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:
The Budget presented by Kerala announced a road map for setting up green hydrogen hubs in Kochi and Thiruvananthapuram in the next two years.
A scheme of ₹200 crore has been announced for viability gap funding/grant/equity support to set up the green hydrogen hubs. An amount of ₹20 crore is earmarked additionally for the purpose in the Budget.

Notes:
The Ministry of Housing and Urban Affairs signed a MoU with Engineers India Limited to develop Waste to Energy and bio-methanation projects in cities with a population of million plus.
It was signed as a part of furthering the ‘Green Growth’ agenda. There are 59 million plus cities in India and EIL will assist them in developing such projects for larger quantum of waste integrating circularity in waste management.

 

Notes:
Glacial Lake Outburst Floods, or GLOFs, are sudden and powerful releases of water from glacial lakes due to the failure of a dam made of glacial materials.
GLOFs are dangerous in mountainous areas, where they can lead to flash floods, landslides, and other environmental risks. According to a new study, over 3 million individuals in India are at risk from GLOF.