Current Affairs Quiz - February, 2023

Notes:
The Union Budget 2023 announced that the ‘National Data Governance Policy’ will be brought out to aid innovation and research by start-ups and academia.
It seeks for the formation of an India Data Management Office (IDMO) under the IT ministry. The new policy reform is that the anonymized datasets will be offered as part of the India datasets programmes to the Artificial intelligence ecosystem.

Notes:
The Ministry of Environment, Forest and Climate Change (MoEF&CC), issued the E-Waste (Management) Amendment Rules, 2023.
It seeks to amend the E-Waste (Management) Rules, 2022, by adding Cadmium and lead in Solar panels, solar Photovoltaic panels among others. They will come into force from April 01, 2023.

Notes:
Union Finance Minister announced an initiative called MISHTI ‘Mangrove Initiative for Shoreline Habitats and Tangible Incomes’.
Under the scheme, mangrove plantations will be taken up along the country’s coastline apart from salt pans, wherever feasible, through the convergence of the job guarantee scheme MGNREGS, the Compensatory Afforestation Fund, and other sources.

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 Indian military forces concluded a joint training exercise named ‘Trishakti Prahar, which began in North Bengal.
As per defence sources, the aim of the exercise was to practice battle preparedness of the security forces, using latest weapons and equipment in a networked, integrated environment, involving the Army, the Indian Air Force and CAPFs.

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:
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.

Notes:
The Quad Cyber Challenge was launched by the QUAD member states (Australia, India, Japan, and the United States) to enhance the cyber security within their individual territories.
This campaigns calls on Internet users across the Indo-Pacific region and other places to join the pledge to practice safe and responsible cyber habits.

Notes:
Prime Minister Narendra Modi dedicated to the nation Hindustan Aeronautics Limited (HAL) Helicopter Factory at Tumakuru in Karnataka.
The factory is India’s largest helicopter manufacturing facility and will initially produce LUHs. He also unveiled the Light Utility Helicopter (LUH). Initially, this factory will produce around 30 helicopters per year and can be enhanced to 60 and then 90 per year in a phased manner.