Daily Current Affairs Quiz by Crack Adda
Daily Current Affairs 02 February 2023: Daily Current Affairs Update & Daily Quiz For Government Exams:
Daily Current Affairs Quiz 02 February 2023:
The Current Affairs Quiz section of Crack Adda aims to help aspirants to revise Current Affairs for 02 February 2023 at ease. The Current Affairs questions and answers cover topics such as:
- World’s 10 richest billionaires
- The Economic Survey 2022-23
- Punjab Regiment
- Ministry of Tribal Affairs
- Drugs Controller General of India (DCGI)
- Former Law Minister, Shanti Bhushan
- Budget 2023
- Indian railway
- credit guarantee scheme for MSME
Q1. Bloomberg Billionaires Index shows, _________ has now lost his position in the elite club of the world’s 10 richest billionaires.
(a) Larry Page
(b) Elon Musk
(c) Mukesh Ambani
(d) Gautam Adani
Correct Answer- (d) Gautam Adani
Explanation: Gautam Adani has now lost his position in the elite club of the world’s 10 richest billionaires.
Q2. The Economic Survey 2022-23 estimated India’s GDP growth at ________ percent.
Correct Answer- (a) 6.5
Explanation: The Economic Survey 2022-23 estimated India’s GDP growth at 6.5 per cent, which is lower than the projected 7 per cent growth for the ongoing financial year.
Q3. Which army regiment has been adjudged the best marching contingent among the three services?
(a) Border Security Force contingent
(b) Para-military forces
(c) Punjab Regiment
(d) Kumaon Regiment
Correct Answer- (c) Punjab Regiment
Explanation: Army’s Punjab Regiment has been adjudged the best marching contingent among the three services, while the Central Reserve Police Force’s (CRPF) marching contingent won the top prize among the CAPFs and other auxiliary forces.
Q4. Which of the following government of India ministry won the best prize at the 74th Republic Day parade?
(a) Ministry of Minority Affairs
(b) Ministry of Youth Affairs and Sports
(c) Ministry of Education
(d) Ministry of Tribal Affairs
Correct Answer- (d) Ministry of Tribal Affairs
Explanation: Among the ministries and departments, the tableau of the Ministry of Tribal Affairs (Eklavya Model Residential Schools) won the best prize
Q5. UPSC has recommended the name of ________ as the new Drugs Controller General of India (DCGI).
(a) Dr Jai Prakash
(b) Dr. VG Somani
(c) Dr Rajeev Singh Raghuvanshi
(d) Dr. Sangeeta Verma
Correct Answer- (c) Dr Rajeev Singh Raghuvansh
Explanation: The Union Public Service Commission (UPSC) has recommended the name of Dr Rajeev Singh Raghuvanshi as the new Drugs Controller General of India (DCGI).
Q6. Shanti Bhusan, who passed away recently was which former minister?
(a) Former Agriculture Minister
(b) Former Law Minister
(c) Former Railway Minister
(d) Former Finance Minister
Correct Answer- (b) Former Law Minister
Explanation: Shanti Bhushan, a former law minister, and renowned counsel died in Noida. He was 97 and served as India’s Law Minister from 1977 to 1979. Bhushan was a member of Congress and thereafter the Janata Party. He served as Union Law Minister in the Morarji Desai government from 1977 to 1979 and was a Rajya Sabha member from 14 July 1977 to 2 April 1980.
Q7. According to the Budget 2023, what is the revised average processing time for ITR?
(a) 21 days
(b) 20 days
(c) 18 days
(d) 16 days
Correct Answer- (d) 16 days
Explanation: Union Finance Minister Nirmala Sitharaman stated during the presentation of the Union Budget on February 1, 2023, that the average processing time for income tax returns has been lowered from 93 to 16 days. She stated that 45 percent of ITRs are handled within 24 hours. “The administration aims to bring out next-generation universal IT Return forms as well as reinforce the grievance redressal process,” she explained.
Q8. According to Budget 2023, how much capital has been allocated to the Indian railway?
(a) 1.90 lakh crore
(b) 3.00 lakh crore
(c) 2.00 lakh crore
(d) 2.40 lakh crore
Correct Answer- (d) 2.40 lakh crore
Explanation: The Union Budget 2023-24 includes a capital spending of Rs 2.4 lakh crore for Indian Railways. This is the largest allocation ever made to the national transporter, and it follows the pattern set last year, with a total budgetary assistance of Rs 1.37 lakh crore in fiscal 2022-23. The funds will be used for railway lines, electrification, and station improvements, among other things.
Q9. According to budget 2023, how many tourism destinations have been selected for development?
Correct Answer- (a) 50
Explanation: According to FM Nirmala Sitharaman, 50 tourist spots would be chosen through a challenge mechanism and developed as a comprehensive package for local and international tourism. Tourism promotion will be carried out on a mission basis, with the active participation of states, the convergence of government programs, and public-private partnerships.
Q10. How much money has been allocated to revamp the credit guarantee scheme for MSME in budget 2023?
(a) 1000 crore
(b) 9000 crore
(c) 5000 crore
(d) 8000 crore
Correct Answer- (b) 9000 crore
Explanation: During the budget address on February 1, 2023, Finance Minister Niramala Sitharaman proposed a Rs 9,000 crore infusion into the corpus to reform the credit guarantee plan for MSMEs. According to the finance minister, the policy would go into force on April 1, 2023. Sitharaman further stated that the announced injection will enable extra collateral-free guaranteed credit of Rs 2 lakh crore and cut credit costs by 1%.
Read Related Article:-