Current Affairs Quiz - February, 2023

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:
Finance Minister Nirmala Sitharaman announced a grant of ₹5,300 crore for the Upper Bhadra Irrigation Project in Karnataka in the Union Budget 2023.
The fund will be used to provide sustainable micro irrigation and filling up of surface tanks for drinking water. Karnataka was the only state mentioned in the budget.

Notes:
In the Union Budget 2023, the Government enhanced the outlay for Pradhan Mantri Awas Yojana by 66 per cent to 79000 crore.
Pradhan Mantri Awas Yojana is an initiative by the Ministry of Housing and Urban Affairs. The Finance Minister also proposed to use Permanent Account Number (PAN) card as a common identifier for all digital systems of government agencies.

Notes:
Reserve Bank of India (RBI) releases the Digital Payments Index (RBI-DPI) twice a year, to measure the adoption of online transactions, digital payments across India.
As per the recent data, the digital payments registered a growth of 24.13% in a year through September 2022. RBI-DPI stood at 377.46 in September 2022 against 349.30 in March 2022 and 304.06 in September 2021.

Notes:
The United Nations General Assembly (UNGA) designated the first seven days of February as World Interfaith Harmony Week in 2010.
The idea of World Interfaith Harmony Week was first proposed at the United Nations in 2010 by Jordan’s King Abdullah II. UNGA encourages all countries to voluntarily disseminate the message of interfaith tolerance and goodwill in accordance with their religious traditions.

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:
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:
Congo has recently joined the India-led International Solar Alliance. The Ambassador of Republic of Congo signed the International Solar Alliance Framework Agreement.
The Democratic Republic of the Congo is a country in Central Africa bordered by the South Atlantic Ocean. DRC is the second-largest country in Africa by area.

Notes:
International Day of Zero Tolerance for Female Genital Mutilation is observed on February 6 each year to raise global awareness about the issue concerning the female genital mutilation (FGM).
This day was established in 2003 after the Campaign against Female Genital Mutilation officially declared “Zero Tolerance to FGM” in Africa on February 6.

Notes:
The NISAR (NASA-ISRO Synthetic Aperture Radar) is an Earth-observation satellite jointly developed by NASA and the Indian Space Research Organisation (ISRO).
The SUV-size satellite will be shipped to India in a special cargo container flight later this month. It is expected to be launched into outer space in 2024 from the Satish Dhawan Space Centre. NISAR will provide critical information on Earth’s crust, ice sheets, and ecosystems.