Current Affairs Quiz - February, 2024

Notes:
The Ministry of Finance released a report titled The Indian Economy: A Review in January 2024. The report was released a few days before the Union Budget for 2024-25 was presented in Parliament on February 1. The Ministry of Finance is made up of five divisions: Economic Affairs, Revenue, Expenditures, Investment and Public Asset Management, and Financial Services.

Notes:
The International Monetary Fund (IMF) has upgraded India’s GDP growth forecast to 6.7% for the current fiscal year, a 40 basis points rise from the previous estimate of 6.3%. This positive revision is credited to strong public investment and positive labor market trends, as outlined in the latest World Economic Outlook report.

Notes:
Sports Development and Youth Welfare Minister Udhayanidhi Stalin announced the ‘Kalaignar Sports Kit’ initiative, distributing sports equipment in 12,000 village panchayats to commemorate M. Karunanidhi’s birth centenary. The scheme begins on February 7 in Tiruchi, Tamil Nadu and aims to support young athletes. Udhayanidhi emphasized the government’s commitment to promoting sports, paralleling the provision of books for education. He praised Khelo India 2023 for identifying and nurturing over 5,400 talented athletes across various disciplines, enhancing India’s international competitiveness.

Notes:
The Defence Budget for the Financial Year 2024-25 has reached Rs 6,21,540.85 crore, constituting 13.04% of the total Union Budget. Finance Minister Smt Nirmala Sitharaman presented this budget with a focus on self-reliance and exports. The Ministry of Defence (MoD) received the highest allocation, marking an 18.35% increase from FY 2022-23. Capital accounts for 27.67%, revenue for 14.82%, pay and allowances for 30.68%, defence pensions for 22.72%, and civil organizations under MoD for 4.11%.

Notes:
The 37th Surajkund International Crafts Mela 2024 will feature Gujarat as the theme state. The fair will take place from February 2–18, 2024 in Surajkund, Faridabad. The fair complex, including decorations and stalls, will reflect the rich heritage of Gujarati culture. The event will also feature artists and cultural groups from 20 Indian states and multiple countries. The Surajkund Mela is organized annually by the Haryana Tourism Department. The town of Surajkund is known for its picturesque surroundings and is easily accessible from Delhi and other major cities in the region.

Notes:
A recent discussion between the United States and China have focused on joint efforts to combat the influx of fentanyl into the U.S. Fentanyl, a potent synthetic opioid (a type of drug), has wreaked havoc in America and is linked to ingredients produced in China. The drug, 50 times stronger than heroin and 100 times stronger than morphine, is FDA (Food and Drug Administration) -approved for severe pain but is also illegally manufactured and sold recreationally, often mixed with other drugs, posing a high risk of addiction and fatality in large doses or when combined.

Notes:
The National Arogya Fair, supported by the Ministry of Ayush, takes place at Jawaharlal Nehru Stadium, New Delhi, from February 1 to February 4, 2024. Featuring India’s healing traditions, including Ayurveda, Yoga, Naturopathy, Unani, Siddha, and Homeopathy, the event aims to showcase and promote holistic well-being. It includes workshops, seminars, exhibitions, free health consultations, and cultural programs, fostering collaboration and awareness. The objective is to highlight the benefits of Ayush systems, encouraging holistic health practices and providing a platform for businesses in the field.

Notes:
The theme for World Wetlands Day 2024 is “Wetlands and Human Wellbeing”. The theme highlights how wetlands and human life are interconnected, and how people gain sustenance, inspiration, and resilience from wetlands. World Wetlands Day is celebrated on February 2nd each year. It’s an international day that promotes the sustainable management and conservation of wetlands.

Notes:
Telangana police conducted Operation Smile-X, rescuing 3,479 child labourers state-wide. Cyberabad police alone saved 718 children, reuniting 526 with parents. 329 were from the state, 389 from other states. Of the rescued, 640 were from child labour, and one was a reported missing child. Throughout the operation, 2,947 children were reunited with parents, involving 676 police personnel working in teams coordinated with various departments and NGOs. The operation resulted in 254 registered cases in the Cyberabad Commissionerate.

Notes:
Abhinav Bindra, a former shooter and India’s first Olympic gold medalist, has been selected as a torchbearer for the 2024 Paris Olympics. Bindra is one of 11,000 torchbearers selected throughout France for the 2024 Olympics. The 2024 Olympic torch relay will start in France on May 8, 2024, with the flame arriving in Marseille before traveling across France for 68 days.