Current Affairs Quiz - February, 2023

Notes:
India and the USA have agreed to constitute task force to boost cooperation in semiconductor industry.
The task force will involve India’s Semiconductor Mission, India Electronics Semiconductor Association and the US Semiconductor Industry Association.  This was announced during the inaugural meeting of the initiative on Critical and Emerging Technologies (iCET).

Notes:
The Indian Railways has been allocated a capital outlay of Rs 2.4 lakh crore in the Union Budget 2023-24.
This is the highest ever allocation to the national transporter. Last year, a gross budgetary support of Rs 1.37 lakh crore was allotted in fiscal 2022-23.It is estimated that there is a need to lay 1 lakh kilometres of tracks over the coming 25 years as more goods movement shifts from roads to railways.

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:
The government has agreed to convert Vodafone Idea’s accrued interest worth over Rs 16,000 crore on deferred adjusted gross revenue (AGR) dues into equity at Rs 10 a share.
Earlier In October 2022, market regulator SEBI approved the conversion of Vodafone Idea dues into equity.

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:
As per the World Health Organisation (WHO), 300 children in three countries lost lives due to cough syrups made in India.
WHO is investigating whether there is any connection between manufacturers of the contaminated cough syrups. The deaths of children from acute kidney injury began in July 2022 in Gambia, followed by cases in Indonesia and Uzbekistan.

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:
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:
The Indian Armed Forces are looking to procure 18 armed Predator MQ 9A drones from the United States.
Of these 18 drones, six will be provided for each of the three armed forces. These unmanned aerial vehicles are capable of flying up to 50,000 feet for a maximum duration of 24 hours. It is capable of carrying air-to-ground missiles to target high-value ground targets or air-to-air missiles.

Notes:
The US State Department gave the nod for the sale of M142 High Mobility Artillery Rocket System (HIMARS) launchers to Poland.
The HIMARS and the related equipment will be sold to Poland at a cost of around USD 10 billion. HIMARS (High Mobility Artillery Rocket System) is a type of artillery system that can fire long-range rockets with pinpoint accuracy. It has been used in the conflict between Ukraine and Russia.