February Monthly Current Affairs 2023

21. The Total Expenditure of The Union Budget 2023-24 is:

1. 39 Lakh Crore
2. 41 Lakh Crore
3. 45 Lakh Crore
4. 47 Lakh Crore
5. 50 Lakh Crore

Option “3” is correct.
The total expenditure in BE 2023-24 is estimated at `45,03,097 crore(45.03 Lakh Crore) of which total capital expenditure is `10,00,961 crore(10 Lakh Crore).

22. Aaron Finch announced his retirement from international cricket. Aaron Finch belongs to which country?

1. New Zealand
2. Netherlands
3. England
4. Australia
5. West Indies

Option “4” is correct.
Australia’s longest-serving captain in the shortest format of the game, veteran batter Aaron Finch called time on his international career.

23. The Total Receipt of The Union Budget 2023-24 is:

1. 27 Lakh Crore
2. 30 Lakh Crore
3. 33 Lakh Crore
4. 22 Lakh Crore
5. 45 Lakh Crore

Option “1” is correct.
The Total Receipt of The Union Budget 2023-24 is 27.13 Lakh Crore.

24. The Fiscal Deficit in the Union Budget 2023-24 is estimated at:

1. 6.9% of the GDP
2. 7.9% of GDP
3. 4.9% of GDP
4. 5.9% of GDP
5. None of these

Option “4” is correct.
The fiscal deficit is estimated to be 5.9 per cent of GDP.

25. Total resources being transferred to the States including the devolution of State’s share, Grants/Loans and releases under Centrally Sponsored Schemes, etc. in BE 2023-24 is –

1. 17.98 Lakh Crore
2. 15 Lakh Crore
3. 20 Lakh Crore
4. 18 Lakh Crore
5. None

Option “1” is correct.
Total resources being transferred to the States including the devolution of State’s share, Grants/Loans and releases under Centrally Sponsored Schemes, etc. in BE 2023-24 is `17,97,537 crore (17.98 Lakh Crore)

26. Which of the following is not correctly matched with regards to Proposed Expenditure from the Union Budget 2023-24:

1. Interest payments-20%
2. Subsidies-7%
3. Defence-15%
4. Pensions-4%
5. Central Sector Scheme-17%

Option “3” is correct.
Money from the Budget is allotted to various sectors and also assigned to meet expenses. In brief, the outflow is planned as: Defence-8%

27. Which of the following has the highest share in the Proposed Expenditure from the Union Budget 2023-24:

1. Interest Payment
2. Defence
3. Centrally Sponsored Scheme
4. Central Sector Scheme
5. Finance Commission & other transfers

Option “1” is correct.
The largest share of the Centre’s expenditure goes towards paying the interest on borrowings.

28. Which of the following has the least share in the Proposed Expenditure from the Union Budget 2023-24:

1. Pensions
2. Defence
3. Centrally Sponsored Scheme
4. Central Sector Scheme
5. Finance Commission & other transfers

Option “1” is correct.
Pensions has the least share in the Proposed Expenditure from the Union Budget 2023-24.

29. Recently, India provided 50 buses to which country under Economic Assistance Scheme-

1. Maldives
2. Sri Lanka
3. Myanmar
4. Afghanistan
5. Nepal

Option “2” is correct.
India delivered fifty buses to Sri Lanka at the Presidential Secretariat premises as Sri Lanka celebrated its 75th Independence Day.

30. The government has extended the PM-KUSUM scheme till ______________.

1. March 2024
2. March 2025
3. March 2026
4. March 2027
5. March 2028

Option “3” is correct.
The government has extended PM-KUSUM scheme till March 2026 as its implementation was significantly affected due to the pandemic.
Launched in 2019, Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) aimed at adding solar capacity of 30,800 MW by 2022 with total central financial support of Rs 34,422 crore, including service charges to the implementing agencies.

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