01 February 2024- Interim Budget 2024

01 February 2024- Interim Budget 2024

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Current Affairs for UPSC: Jagran Josh presents Daily Current Affairs Quiz for all dedicated students and readers preparing for various competitive exams. In today’s session, get briefings about the important topics given in Q&A formats such as Interim Budget 2024, Paytm Payment Bank, Asian Cricket Council President etc.

1. Which ministry was allocated the highest budget in the Interim Budget 2024?

(a) Ministry of Defense

(b) Ministry of Education

(c) Ministry of Rural Development

(d) Ministry of Youth Affairs and Sports

2. Which state government has decided to launch a mass drug administration campaign to eliminate filariasis?

(a) Uttar Pradesh

(b) Madhya Pradesh

(c) Haryana

(d) Rajasthan

3. RBI has recently announced to impose new restrictions on which payment bank?  

(a) Airtel Payment Bank

(b) Paytm Payment Bank

(c) Fino Payment Bank

(d) Jio Payment Bank

4. When is Indian Coast Guard Day celebrated every year?

(a) 30 January

(b) 31 January

(c) 01 February

(d) 02 February

5. Which airport has recently been given the status of International Airport by the Government of India?

(a) Dibrugarh Airport

(b) Birsa Munda Airport

(c) Surat Airport

(d) Jorhat Airport

6. Who has been re-appointed as the President of Asian Cricket Council?

(a) Kapil Dev

(b) Sourav Ganguly

(c) Jai Shah

(d) Roger Binny

Answer:-

1. (a) Ministry of Defense

Finance Minister Nirmala Sitharaman presented the interim Budget 2024 in Parliament. This was the sixth time that Finance Minister Nirmala Sitharaman presented the budget. He also presented his first interim budget of his tenure. According to the documents received of the interim budget, the Defense Ministry has been given the highest allocation with ₹6.1 lakh crore. After this, the Ministry of Road Transport and Highways is in second place with ₹2.78 lakh crore.    

2. (a) Uttar Pradesh

Uttar Pradesh Chief Minister Yogi Adityanath has decided to launch an annual mass drug administration campaign as part of the mission to eliminate filariasis from the state. This campaign will be run from 5 to 15 February. This campaign will be organized in 17 districts of the state.    

3. (b) Paytm Payment Bank

The Reserve Bank of India (RBI) has imposed several major business restrictions on Paytm Payments Bank. Earlier, the Central Bank had imposed a ban on adding new customers to the bank in March 2022. Right now all services will remain normal till 29th February but after that many services related to Payments Bank will be closed. It is noteworthy that One97 Communications holds 49 percent stake in Paytm Payments Bank.

4. (c) 01 February

In India, Indian Coast Guard Day is celebrated every year on 1 February. The purpose of celebrating this day is to spread awareness about the importance of Coast Guard. It was announced to celebrate this day on 18 August 1978. The Indian Coast Guard was established on 1 February 1977.  

5. (c) Surat Airport

Recently, the Government of India has officially given the status of ‘International Airport’ to Surat Airport in Gujarat. Last December, Prime Minister Narendra Modi had inaugurated a new terminal at Surat airport built at a cost of ₹353 crore.     

6. (c) Jai Shah

Jay Shah, Secretary of the Board of Control for Cricket in India, has been elected as the President of the Asian Cricket Council (ACC) for the third time. This decision was taken at the ACC Annual General Meeting in Bali. During his tenure, Shah successfully organized the U19 format Women’s T20 Asia Cup and Emerging Asia Cup. Asian Cricket Council was established in 1983.   

Also read:

Budget highlights 2024: What is special for the common man in the budget, see here

What is ‘Interim Budget’ and how is it different from ‘Full Budget’?

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