11. On which day, World Wetlands Day is celebrated annually to create awareness among people about the importance of wetlands and different ways to restore their rapid loss and degradation?

1. 1st February
2. 2nd February
3. 4th February
4. 6th February
5. 8th February

Option “2” is correct.
World Wetlands Day is celebrated annually on 2nd February.
Details:
 This year’s World Wetlands Day theme is ‘ It’s Time for Wetlands Restoration. The theme highlights the urgency to prioritize wetland restoration.
 The day is observed to create awareness among people about the importance of wetlands and different ways to restore their rapid loss and degradation.
 On 2 February 1971, Convention on Wetlands was accepted as an International Treaty in Ramsar, Iran.
 On 30 August 2021, UN General Assembly adopted resolution 75/317 for World Wetlands Day.
12. Which Indian women cricketer has been roped in by the sports brand Puma as its latest brand ambassador?

1. Smriti Mandhana
2. Harmanpreet Kaur
3. Deepti Sharma
4. Renuka Singh
5. Shafali Verma

Option “2” is correct.
Sports brand Puma India announced roping in women’s cricket team captain Harmanpreet Kaur as its latest brand ambassador.
Details:
 Harmanpreet joins PUMA’s roster of brand ambassadors, including Virat Kohli, football stars Neymar Jr and Sunil Chhetri, boxer MC Mary Kom, cricketer Harleen Deol, and Para-Shooter Avani Lekhara.
13. Former prime minister Dr Manmohan Singh was recently conferred a Lifetime Achievement Honour by the India-UK Achievers Honours in London for his contribution to economic and political life. In which year did Manmohan Singh take oath as the Prime Minister of India?

1. 2002
2. 2003
3. 2004
4. 2005
5. 2006

Option “3” is correct.
Dr. Manmohan Singh took the oath as the prime minister of India in 2004.
Details:
 Manmohan Singh is an Indian politician, economist and statesman who served as the 13th prime minister of India from 2004 to 2014.
 Former prime minister Dr Manmohan Singh was recently conferred a Lifetime Achievement Honour by the India-UK Achievers Honours in London for his contribution to economic and political life.
14. When was the first Union Budget of India presented?

1. 1949
2. 1950
3. 1947
4. 1951
5. 1948

Option “3” is correct.
The first Union Budget of India was presented in 1947.
Details:
 The first Finance Minister of independent India was R. K. Shanmukham Chetty.
 He presented the first Union budget of India on 26 Nov 1947.
 The first mini-budget was presented by T. T. Krishnamachari on November 30, 1956.
15. What time is the Union Budget presented?

1. 2 PM
2. 1 PM
3. 12 PM
4. 11 AM
5. 9 AM

Option “4” is correct.
The Union Budget session 2023, was presented by Finance Minister Nirmala Sitharaman at 11 AM and continued for up to two hours.
16. What is the current year’s economic growth estimated in the Union budget 2023-24?

1. 9%
2. 8%
3. 7%
4. 6%
5. 5%

Option “3” is correct.
In the union budget 2023-24, the current year’s economic growth is estimated at 7%.
17. The maximum investment limit for the Senior Citizen Savings Scheme (SCSS) has been increased from ____________ to Rs 30 lakh in Budget 2023.

1. Rs 15 Lakh
2. Rs 10 Lakh
3. Rs 5 Lakh
4. Rs 20 Lakh
5. Rs 25 Lakh

Option “1” is correct.
The maximum investment limit for the Senior Citizen Savings Scheme (SCSS) has been increased from Rs 15 lakh to Rs 30 lakh in Budget 2023.
What is the Senior Citizen Savings Scheme?
 SCSS, short for Senior Citizen Savings Scheme is a government-sponsored savings instrument for individuals above the age of 60.
 The Government of India introduced this scheme in 2004 intending to provide senior citizens with a steady and secure source of income for their post-retirement phase.
 For the quarter ending March 31, 2023, the government has raised interest rate on the Senior Citizen Savings Scheme (SCSS) to 8%.
18. The outlay for Pradhan Mantri Awas Yojana is being enhanced by 66% to over _______.

1. Rs 59,000 Crore
2. Rs 69,000 Crore
3. Rs 79,000 Crore
4. Rs 89,000 Crore
5. Rs 99,000 Crore

Option “3” is correct.
“The outlay for the PM Awas Yojana is being enhanced by 66% to over ₹79,000 crore.”
PRADHAN MANTRI AWAS YOJANA:
 Pradhan Mantri Awas Yojana – Urban (PMAY-U), a flagship Mission of the Government of India being implemented by the Ministry of Housing and Urban Affairs (MoHUA), was launched on 25th June 2015.
 The Mission addresses urban housing shortage among the EWS/LIG and MIG categories including the slum dwellers by ensuring a pucca house to all eligible urban households by the year 2022 when the Nation completes 75 years of its Independence.
19. What is the rate of tax for Income tax slab between the income of Rs 3 Lakh to Rs 6 Lakh for the assessment year 2023-24?

1. 5%
2. 10%
3. 3%
4. 12%
5. 15%

Option “1” is correct.
5% is the rate of tax for the Income tax slab between the income of Rs 3 Lakh to Rs 6 Lakh for the assessment year 2023-24.
20. “Bharat SHRI” will be set up in a digital epigraphy museum, with the digitization of one lakh ancient inscriptions in the first stage. What does “R” stand for in SHRI?

1. Restoration
2. Restart
3. Repository
4. Recession
5. Recharge

Option “3” is correct.
SHRI stands for “Shared Repository of Inscriptions”.
Details:
‘Bharat Shared Repository of Inscriptions’ will be set up in a digital epigraphy museum, with the digitization of one lakh ancient inscriptions in the first stage.
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18 thoughts on “February Monthly Current Affairs 2023”

  18. wphedra1995

    The big news here really is that for the first time since the year 2000 when Rolex link went in-house we have a new caliber inside the Daytona. The 4131 is does what it does with actually less components than the 4130 but great decoration performance and reliability.

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