Current Affairs Quiz - February, 2023

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:
Of the Rs 1,100 crore estimated for the Ministry of Information and Broadcasting, Rs 600 crore has been set aside for the recently announced Broadcasting Infrastructure and Network Development (BIND) Scheme.
The scheme has a total outlay of over Rs 2,500 crore. The scheme aims to boost public sector broadcasting in the country and focuses on infrastructure development of Prasar Bharati, including All India Radio (AIR) and Doordarshan (DD).

Notes:
The First meeting of Sustainable Finance Working Group under G20 was recently hosted in Guwahati, Assam.
The G20 meeting in Assam deliberated on sustainable financing solutions. The delegates also discussed raising funds through green bonds, sustainability linked bonds and other such instruments for projects.

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:
Parli Vaijnath-Vikarabad Railway Electrification Project was completed recently, after which the entire route of 268 kilometers is now electrified.
Parli Vaijnath is a city of Maharashtra. The project will benefit the people of Telangana, Karnataka and Maharashtra.

Notes:
Indian Railways introduced Garvi Gujarat tour under Ek Bharat Shrestha Bharat Scheme to showcase heritage of Gujarat.
This Bharat Gaurav Deluxe AC Tourist Train with 1st AC and 2nd AC Class will be operated for eight days inclusive tour. It can accommodate one hundred and 56 tourists onboard. It includes visit to prominent pilgrimage and heritage sites of Gujarat including the Statue of Unity, Champaner, Somnath, Dwarka, Nageshwar, Beyt Dwarka, Ahmedabad, Modhera and Patan.

Notes:
Ricky Kej is an Indian musician and environmental activist. The Indian music composer recently won his third Grammy Award for the album ‘Divine Tides’.
He is the youngest person to win this award and only the fourth Indian to achieve this feat. He recently made another history by becoming the only living Indian to win the Grammy Award thrice.

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 Investigation Tracking System for Sexual Offenses (ITSSO) was launched in 2019 by the Central Government to monitor police investigations of sexual assault cases. It is currently operated by the NCRB (National Crime Records Bureau).
Uttar Pradesh recorded the highest disposal rate of 97.6 percent, as it disposed of over 74,000 cases against 75,800 cases registered in relation to crime against women.

Notes:
The Union Budget 2023-24 has allocated Rs. 2,516 crore for the computerization of 63,000 PACS over the next 5 years.
Primary Agricultural Credit Societies (PACS) are village-level cooperative credit societies that act as the last link to the 3-tier cooperative credit structure, which is headed by the State Cooperative Bank or SCB. Credit from the SCB is transferred to the district central cooperative banks (DCCBs), which will then transfer the credit to the PACS.