Current Affairs Quiz - February, 2023

Notes:
Pradhan Mantri Kaushal Vikas Yojana (PMKVY) is the flagship scheme of the Ministry of Skill Development and Entrepreneurship (MSDE) implemented by National Skill Development Corporation.
The Union Budget 2023 aims to give a push to job creation through proposals such as Pradhan Mantri Kaushal Vikas Yojana (PMKVY) 4.0 and setting up of 30 Skill India international centres to encourage expansion in businesses and industry.

Notes:
In the Union Budget 2023, Finance Minister announced Mahila Samman Bachat Patra, a one-time new small savings scheme, for a two-year period up to March 2025.
This initiative will avail a deposit facility for a woman up to Rs 2 lakh for two-year period at a fixed interest rate of 7.5% with partial withdrawal option. Maximum deposit limit of Senior Citizens’ Saving Scheme was increased from ₹15 lakh to ₹30 lakh.

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:
Bengaluru -based start-up, Beta Tank Robotics, has developed a robot which can operate in oil tanks in petroleum refineries.
It was incubated at IIT Guwahati, and the project was funded by State-owned Oil India Limited. The robot does the job similar to a vacuum cleaner and thereby eliminates risks to human beings.

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:
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:
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:
Lucknow will host the first meeting of the G20 Digital Economy Working Group (DEWG). A Digital India Mobile Van has been introduced with respect to the meeting.
The Digital India Mobile Van will tour other cities in the country, enlightening citizens about G20 DEWG and Digital India’s key initiatives including PMJDY, DigiLocker, Aadhaar, UMANG, e-Way Bill, e-Aushadhi, Aarogya Setu, Co-WIN, e-Rupi, and India Stack Global.

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.