Current Affairs February 2024

Daily Current Affairs MCQ : 03 February 2024

Daily Current Affairs : 03 February 2024, MCQ questions with detail explanation and extra fact for the preparation of competitive exams.

Daily MCQs : 03 February 2024

Q: Where is the Surajkund Crafts Mela held?
a) Surajkund, Gurgaon
b) Surajkund, Noida
c) Surajkund, Faridabad
d) Surajkund, Ghaziabad

Answer
Ans : c) Surajkund, Faridabad
Detail News

Q: Who built the historic reservoir in Surajkund in the 10th century?
a) Akbar
b) King Suraj Pal
c) Tomar dynasty
d) Draupadi Murmu

Answer
Ans : c) Tomar dynasty
Detail News

Daily Current Affairs : 03 February 2024 in Hindi Click Here

37th Surajkund Crafts Mela : from February 2nd to February 18th 2024

The 37th Surajkund Crafts Mela 2024 is a vibrant celebration of art, culture, and heritage was inaugurated by the President of India, Draupadi Murmu on 2 February 2024.

Dates: The festivities span a fortnight from February 2nd (Friday) to February 18th (Sunday).

Venue: The enchanting fair takes place in Surajkund, Faridabad, a historic reservoir built by King Suraj Pal of the Tomar dynasty in the 10th century. The name “Surajkund” translates to “Lake of the Sun” in Hindi.

International Showcase: Artists from over 20 countries across South Asia, Africa, and Europe actively participate, making it a grand success. They use this unique platform to showcase their diverse cultures and talents.

Attractions: Visitors of all ages can enjoy a plethora of attractions, including: Traditional Folk Dances: Witness captivating folk dances that bring regional flavors to life. Musical Shows: Immerse yourself in melodious tunes and rhythmic performances. Puppet Skits: Delight in the artistry of puppetry, a time-honored form of storytelling.

About Surajkund Mela:

Situated between Lakkarpur and Baharpur villages near Faridabad, this picturesque fair aims to promote the talent and culture of local artisans. Each year, the Mela revolves around a theme based on an Indian state, influencing its architecture, spirit, and decor.

Q: Where is the Surajkund Crafts Mela held?

a) Surajkund, Gurgaon
b) Surajkund, Noida
c) Surajkund, Faridabad
d) Surajkund, Ghaziabad

Ans : c) Surajkund, Faridabad

Q: Who built the historic reservoir in Surajkund in the 10th century?

a) Akbar
b) King Suraj Pal
c) Tomar dynasty
d) Draupadi Murmu

Ans : c) Tomar dynasty

Daily Current Affairs MCQ : 02 February 2024

Daily Current Affairs : 02 February 2024, MCQ questions with detail explanation and extra fact for the preparation of competitive exams.

Daily MCQs : 02 February 2024

Q: Which payment bank faced restrictions from RBI for “Breach of regulatory norms and non-compliance”?
a. Airtel Payments Bank
b. Fino Payments Bank
c. Paytm Payments Bank
d. Jio Payments Bank

Answer
Answer: c. Paytm Payments Bank
Detail News

Q: What is the theme of World Wetlands Day 2024?
A) Wetlands and Climate Change
B) Wetlands and Sustainable Use
C) Wetlands and Human Wellbeing
D) Wetlands and Economic Development

Answer
Ans : C) Wetlands and Human Wellbeing
Detail News

Q: How many Ramsar sites does India have after adding 5 new ones in 2024?
A) 75
B) 80
C) 85
D) 90

Answer
Ans : B) 80
Detail News

Q: What is the fiscal deficit target set in the interim budget for FY 2024-25?
a. 3.5% of GDP
b. 4.5% of GDP
c. 5.1% of GDP
d. 6.0% of GDP

Answer
Ans : c. 5.1% of GDP
Detail News

Q: What is the status of income tax slabs or rates in the interim budget 2024-2025?
a. Increased rates
b. Decreased rates
c. No changes
d. Abolished

Answer
Ans : c. No changes
Detail News

Daily Current Affairs : 02 February 2024 in Hindi Click Here

Interim budget for FY 2024-25 : Main Points

Finance Minister Smt Nirmala Sitharaman presented the interim budget for FY 2024-25 on February 1, 2024 in Parliament. Since it’s an interim budget, it focuses on essential expenditures until the regular budget is presented after general elections. Here are some key points:

Fiscal Consolidation:

  • Fiscal deficit target: 5.1% of GDP, aimed at reaching 4.5% by FY 25-26.
  • Revenue receipts: Estimated at ₹30.03 lakh crore, reflecting economic growth.
  • Total expenditure: Projected to be ₹47.66 lakh crore, a 6.1% increase.

Capital Expenditure:

  • Increased by 11.1% to ₹11.11 lakh crore, prioritizing infrastructure development.
  • Represents 3.4% of GDP and 23.31% of total expenditure.
  • Continuation of the 50-year interest-free loan scheme for states with a total outlay of ₹1.3 lakh crore.

Social Welfare:

  • Expansion of Ayushman Bharat health insurance scheme to cover ASHA workers.
  • Launch of housing schemes for middle class, slum dwellers, and rural population.
  • Increase in coverage of “Lakhpati Didi” skill development program to 3 crore women.
  • Cervical cancer vaccination for girls aged 9-14 years.

Other Key Initiatives:

  • 1 crore households to receive free solar power.
  • Focus on promoting electric vehicles and e-buses.
  • No changes in income tax slabs or rates.

Q: What is the fiscal deficit target set in the interim budget for FY 2024-25?

a. 3.5% of GDP
b. 4.5% of GDP
c. 5.1% of GDP
d. 6.0% of GDP

Ans : c. 5.1% of GDP

Q: What is the status of income tax slabs or rates in the interim budget 2024-2025?

a. Increased rates
b. Decreased rates
c. No changes
d. Abolished

Ans : c. No changes

World Wetlands Day : February 2nd

World Wetlands Day is celebrated annually on February 2nd. It’s a day to raise awareness about the vital role of wetlands in our environment and to promote their conservation and sustainable use.

The theme for World Wetlands Day 2024 is “Wetlands and Human Wellbeing.”

India marked World Wetlands Day 2024 by adding five new wetlands to its list of Ramsar sites, bringing the total count to 80. These newly designated sites are:

  • Karaivetti Bird Sanctuary and Longwood Shola Reserve Forest (Tamil Nadu)
  • Ankasamudra Bird Conservation Reserve, Aghanashini Estuary, and Magadi Kere Conservation Reserve (Karnataka)

Q: What is the theme of World Wetlands Day 2024?

A) Wetlands and Climate Change
B) Wetlands and Sustainable Use
C) Wetlands and Human Wellbeing
D) Wetlands and Economic Development

Ans : C) Wetlands and Human Wellbeing

Q: How many Ramsar sites does India have after adding 5 new ones in 2024?

A) 75
B) 80
C) 85
D) 90

Ans : B) 80

RBI imposes restrictions on Paytm Payments Bank

  • RBI imposes restrictions on Paytm Payments Bank from March 2024.
  • Action taken due to concerns about regulatory norm breaches and persistent non-compliance.
  • Paytm Payments Bank prohibited from accepting deposits, credit transactions, or top-ups after February 29, 2024.
  • Interest, cashback, and refunds allowed, but unrestricted withdrawal and utilization of balances permitted.
  • No provision of banking services, BBPOU, and UPI facilities after February 29, 2024, except for fund transfers, utilization, or withdrawal.
  • Nodal accounts of parent companies to be terminated by February 29, 2024.
  • Settlement of pipeline transactions and nodal accounts related to transactions initiated before February 29, 2024, must be completed by March 15, 2024.

Q: Which payment bank faced restrictions from RBI for “Breach of regulatory norms and non-compliance”?

a. Airtel Payments Bank
b. Fino Payments Bank
c. Paytm Payments Bank
d. Jio Payments Bank

Answer: c. Paytm Payments Bank

Daily Current Affairs MCQ : 01 February 2024

Daily Current Affairs : 01 February 2024, MCQ questions with detail explanation and extra fact for the preparation of competitive exams.

Daily MCQs : 01 February 2024

Q. What was the reason behind Hemant Soren’s resignation as Chief Minister of Jharkhand?
a) He lost a vote of confidence in the assembly.
b) He was arrested by the Enforcement Directorate (ED) in a corruption case.
c) He resigned due to health reasons.
d) He was asked to step down by his party.

Answer
Ans : b) He was arrested by the Enforcement Directorate (ED) in a corruption case.
Detail News

Q. Who will be the new Chief Minister of Jharkhand?
a) Hemant Soren
b) Champai Soren
c) CP Radhakrishnan
d) None of the above

Answer
Ans : b) Champai Soren
Detail News

Q.: What is the term used for the budget presented during the Budget Session before the general elections?
a) Full budget
b) Interim budget
c) Supplementary budget
d) Vote-on-account budget

Answer
Ans : b) Interim budget
Detail News

Q: Which state hosted the 2024 Khelo India Youth Games?
a) Maharashtra
b) Haryana
c) Tamil Nadu
d) Karnataka

Answer
Ans : c) Tamil Nadu
Detail News

Daily Current Affairs : 01 February 2024 in Hindi Click Here

Khelo India Youth Games 2024 : Maharashtra bagged overall championship 

Khelo India Youth Games 2024:

  • Dates: January 19 – January 31, 2024
  • Venue: Tamil Nadu (Chennai, Madurai, Trichy, and Coimbatore)
  • Most medal winner state: Maharashtra (57 gold medals)
  • Important points:
    • Sixth edition of the flagship event under the Indian government’s Khelo India initiative.
    • Over 5,600 athletes from all over India participated.
    • Featured 46 sports disciplines.
    • Maharashtra retained their KIYG title, while host state Tamil Nadu achieved their best-ever finish.

Q: Which state hosted the 2024 Khelo India Youth Games?

a) Maharashtra
b) Haryana
c) Tamil Nadu
d) Karnataka

Ans : c) Tamil Nadu

Finance Minister Nirmala Sitharaman to present the interim budget on February 1, 2024

Budget Session of Parliament begins on 31 January 2024 with President’s address to joint sitting of both the Houses.

  • Significance:
    • First Budget session in the new Parliament building.
    • Last session before the upcoming Lok Sabha elections (expected April-May 2024).
    • Marked by President Droupadi Murmu’s first address to a joint sitting.
  • Upcoming events:
    • Union Finance Minister Nirmala Sitharaman to present the interim budget on February 1, 2024.
    • The session will have a total of eight sittings spread over ten days.
    • Discussion and debate on the budget and other key issues expected.

Q.: What is the term used for the budget presented during the Budget Session before the general elections?

a) Full budget
b) Interim budget
c) Supplementary budget
d) Vote-on-account budget

Ans : b) Interim budget

Hemant Soren resigns as CM of Jharkhand; Champai Soren to be the new Chief Minister

  • Hemant Soren resigned as Jharkhand Chief Minister: After being questioned by the ED for a land scam, Hemant Soren stepped down as Chief Minister.
  • Champai Soren to be new CM: Senior JMM leader and Transport Minister Champai Soren will replace Hemant Soren.
  • Ruling alliance met Governor: JMM and Congress MLAs met the Governor to submit their claim for forming the government with Champai Soren as CM.
  • Hemant Soren arrested by ED: Following his resignation, Hemant Soren was arrested by the Enforcement Directorate in connection with the land scam case.

Q. What was the reason behind Hemant Soren’s resignation as Chief Minister of Jharkhand?

a) He lost a vote of confidence in the assembly.
b) He was arrested by the Enforcement Directorate (ED) in a corruption case.
c) He resigned due to health reasons.
d) He was asked to step down by his party.

Ans : b) He was arrested by the Enforcement Directorate (ED) in a corruption case.

Q. Who will be the new Chief Minister of Jharkhand?

a) Hemant Soren
b) Champai Soren
c) CP Radhakrishnan
d) None of the above

Ans : b) Champai Soren

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