02-Feb-23: UPSC Current Affairs Daily Quiz

Which of the following are the Saptrishi-7 priorities in Budget 2023-24

1. Youth Power
2. Unleashing the Potential
3. Green Growth
4. Inclusive Development

Select the correct answer using the code given below.

‘Shree Anna’ term in Budget 2023-24 is used for

Consider the flowing statements

1. There is continuous rise in credit to agriculture sector during the last seven years

2. There is continuous rise in food grain production during the last seven years

Which of the statements given above is/are correct?

Government initiative ‘'Bharat SHRI' which is announced in Budget 2023-24, is related to

Recently announced ‘PM-PRANAM’ scheme in Budget 2023-24 is related to-

Consider the following statements regarding PM Awas Yojana (PMAY)

1. It is a Credit Linked Subsidy Scheme (CLSS) for affordable houses for middle and low income groups.
2. It is a central sector scheme under Ministry of Rural Development.
3. Union Budget 2023-24 increased the allocation for PMAY by 66% from previous fiscal year.

Which of the above statements is/are correct?

Consider the following statements regarding Agriculture Infrastructure Fund (AIF):

1. It is a Central Sector Scheme under Union Ministry of Agriculture and Farmers’ Welfare.
2. Launched in 2020, the fund is to operate till 2032-33.
3. Aim of the fund is to provide medium to long term debt financing facility for investment in viable projects for post-harvest management Infrastructure and community farming assets.

Which of the above statements is/are correct?

Consider the following statements regarding fiscal deficit (FD) in India:

1. FD ratio has been continuously increasing since Fiscal Year 2015-16.

2. In the union budget 2023-24, Finance Minister has announced to remain on the path towards a FD target of 4.5% of GDP by 2025-26.

Which of the above statements is/are correct?

Consider the following statements regarding new income tax slabs under budget 2023-24:

1. Now those earning up to ₹7 lakh a year need not pay any income tax under the new tax regime.
2. Those switching to the new tax regime can also hereafter avail of the ₹50,000 standard deduction.
3. Taxpayers could, however, still opt to file under the old regime, which allows for tax exemptions and deductions on investments and expenses such as HRA.

Which of the above statements is/are correct?

Indian government has outlined 7 priority areas for the next 25 years (2022-47), called “Saptarishi”. Which of the following is NOT one of them?