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Daily Current Affairs Quiz 2 February 2023

Question 1

Which of the following statements is correct regarding Union Budget for 2023-24?

1. The economic growth rate is estimated to be 6.5% in the current year.

2. Agriculture credit target will be increased to Rs 20 lakh crore with focus on animal husbandry, dairy and fisheries.

Select the correct code:

Question 2

How much capital outlay has been provided for the Indian Railways in the Union Budget for 2023-24?

Question 3

Which of the following statements regarding personal income tax is correct?

1. A person in the new tax regime with income up to Rs 8 lakh will not pay any tax.

2. The number of slabs has been reduced to five and the tax exemption limit has been increased to Rs 3 lakh.

Select the correct code:

Question 4

The budget proposes that real GDP will grow by _________ year-on-year (Y-o-Y) as against 8.7% in 2021-22.

Question 5

How much money has been allocated for higher education in Union Budget 2023?

Question 6

In February 2023, which of the following pairs of countries have agreed to form a task force to boost cooperation in the semiconductor industry?

Question 7

Which of the following statements is correct regarding budget allocation to Defense?

1. Rs 5.94 lakh crore has been allocated for Defense in the Budget 2023-24.

2. Rs 1.38 lakh crore has been allocated for Defence Pensions.

Select the correct code:

Question 8

Who among the following has been conferred with Lifetime Achievement Honour in the UK?

Question 9

India and the _________are eager to sign a deal of 30 MQ-9B predator-armed drones at a cost of over $3 billion.

Question 10

When will revamped credit guarantee scheme for MSMEs be effective according to the announcement made by Finance Minister Nirmala Sitharaman while presenting the Union Budget 2023-24?

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