Current Affairs January 2024 Highlights

Key Highlights of Current Affairs January 2024

• The Union Budget for fiscal year 2024-25 emphasizes economic growth and infrastructure investment.
• Total estimated expenditure in the budget: ₹47,65,768 crore (47.65 Lakh Crore).
• Allocation on the revenue account: ₹36,54,657 crore (36.54 Lakh Crore).
• Major components of revenue allocation include:
  • Interest payments: ₹11,90,440 crore.
  • Grants-in-aid for capital account creation: ₹3,85,582 crore.

Overview of Current Affairs Topics

• The document contains various sections including banking, economy, business, international, and national affairs.
• Additional topics cover states, schemes, agreements, new appointments, awards, rankings, sports, summits, important days, defense, science and technology, books & authors, and obituaries.

Importance of Infrastructure Development

• Significant investment in infrastructure development is outlined as a strategy for economic recovery and growth, reflecting government priorities for fiscal management and long-term planning.

Contextual Relevance

• The emphasis on revenue and capital expenditure reveals the government's focus on enhancing economic stability and facilitating growth in various sectors, indicating strategic financial planning.

This quiz covers key highlights from current affairs in January 2024, focusing on the Union Budget for fiscal year 2024-25. It includes details on economic growth, infrastructure investments, and major components of revenue allocation. Additionally, it summarizes diverse topics such as banking, business, national events, and technological advancements.