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Questions and Answers

What is the total amount allocated for pensions in the fiscal year 2024-25?

  • ₹1,24,638 crore
  • ₹2,39,612 crore (correct)
  • ₹4,54,773 crore
  • ₹1,46,819 crore

What is the projected tax revenue (Net to Centre) for the fiscal year 2024-25?

  • ₹9,50,246 crore
  • ₹26,01,574 crore (correct)
  • ₹44,90,486 crore
  • ₹3,99,701 crore

Which sector has the highest earmarked allocation for expenditure in the fiscal year 2024-25?

  • Defence: ₹4,54,773 crore (correct)
  • Health: ₹90,171 crore
  • Education: ₹1,24,638 crore
  • Agriculture and Allied Activities: ₹1,46,819 crore

What is the total expenditure in the Revised Estimates (RE) for 2023-24?

<p>₹44,90,486 crore (B)</p> Signup and view all the answers

How much is allocated for food subsidies in the fiscal year 2024-25?

<p>₹2,05,250 crore (D)</p> Signup and view all the answers

What amount is allocated for interest payments in the fiscal year 2024-25?

<p>₹11,90,440 crore (C)</p> Signup and view all the answers

Which allocation specifically aims to support the agriculture and allied sectors?

<p>₹1,46,819 crore (A)</p> Signup and view all the answers

What is included in the capital receipts for the fiscal year 2024-25?

<p>Recovery of loans (D)</p> Signup and view all the answers

Which filmmaker is associated with the film 'The Zone of Interest'?

<p>Savanah Leaf (B)</p> Signup and view all the answers

What rank did India achieve in the Henley Passport Index 2024?

<p>85th (B)</p> Signup and view all the answers

Which country enjoys visa-free access to the most countries according to the current rankings?

<p>Maldives (B)</p> Signup and view all the answers

What significant trend does the Henley Passport Index highlight regarding global mobility?

<p>The growth in global mobility over the last two decades. (B)</p> Signup and view all the answers

Which film is directed by Christopher Nolan?

<p>Oppenheimer (D)</p> Signup and view all the answers

How many countries provided visa-free access in the year 2006?

<p>58 (D)</p> Signup and view all the answers

The United States moved up to what position in the Henley Passport Index 2024?

<p>6th (A)</p> Signup and view all the answers

Which film is NOT mentioned as a documentary?

<p>The Zone of Interest (B)</p> Signup and view all the answers

Which individual is recognized as the Architect of Modern India?

<p>PV Narasimha Rao (A)</p> Signup and view all the answers

What was a major achievement of PV Narasimha Rao during his tenure as Prime Minister?

<p>Averting a financial crisis (B)</p> Signup and view all the answers

Which accolade did P.V. Narasimha Rao receive for his contributions?

<p>Bharat Ratna (A)</p> Signup and view all the answers

Which countries rank higher than India in cancer incidence according to GLOBOCAN estimates for 2020?

<p>China and the United States (D)</p> Signup and view all the answers

What approach did PV Narasimha Rao take to enhance India's global competitiveness?

<p>Encouraging economic liberalization (B)</p> Signup and view all the answers

Which agricultural scientist is recognized alongside PV Narasimha Rao for contributions to India?

<p>MS Swaminathan (C)</p> Signup and view all the answers

What is the primary goal of the initiatives launched by Modi regarding agriculture?

<p>To alleviate farmer distress and improve productivity (C)</p> Signup and view all the answers

During PM Modi's visit to UAE, what was a key aspect of the discussions with President Mohamed bin Zayed Al Nahyan?

<p>Strengthening bilateral relations (C)</p> Signup and view all the answers

Which card system is associated with the domestic financial technology initiative discussed?

<p>JAYWAN card (C)</p> Signup and view all the answers

What significant event did Prime Minister Modi attend in 2024 that highlights India's global significance?

<p>World Government Summit (C)</p> Signup and view all the answers

What significant change in the economy occurred during the early 1990s in India?

<p>Economic liberalization (C)</p> Signup and view all the answers

What title is attributed to Dr. MS Swaminathan in the context of India's agricultural revolution?

<p>Father of the Green Revolution (C)</p> Signup and view all the answers

How did Dr. MS Swaminathan's work impact India's food production?

<p>Enhanced self-sufficiency in food production (D)</p> Signup and view all the answers

What does Modi's keynote address at the World Government Summit emphasize about India?

<p>Role in shaping global governance and development (A)</p> Signup and view all the answers

What has MS Swaminathan's contributions led to in terms of global agricultural reforms?

<p>Inspiration for agricultural reforms globally (B)</p> Signup and view all the answers

Which country has the strongest passport according to the content?

<p>France (A)</p> Signup and view all the answers

What aspect of financial technology is summarized in the context of Modi’s initiatives?

<p>Enhancing digital payments for farmers (B)</p> Signup and view all the answers

What is considered a key aspect of France's international relations?

<p>Soft power (C)</p> Signup and view all the answers

What significant development occurred during the Prime Minister’s visit?

<p>Inauguration of the world's highest railway bridge (B)</p> Signup and view all the answers

What is the height of the new railway bridge over the Chenab River?

<p>359 meters (A)</p> Signup and view all the answers

What is the main purpose of the bridge over the Chenab River?

<p>Connecting Kashmir valley with Jammu (C)</p> Signup and view all the answers

How much travel time is expected to be reduced between Katra and Srinagar due to the bridge?

<p>Five hours (D)</p> Signup and view all the answers

Which of the following players was included in the IPL’s all-time greatest team selection panel?

<p>Wasim Akram (A)</p> Signup and view all the answers

How tall is the new railway bridge compared to the Eiffel Tower?

<p>Taller by 35 meters (A)</p> Signup and view all the answers

What is the primary reason for not presenting the Economic Survey this year?

<p>Potential politicization due to the election context (C)</p> Signup and view all the answers

Which of the following members was designated as a full-time member of the Sixteenth Finance Commission?

<p>Smt. Annie George Mathew (A), Shri Ajay Narayan Jha (B), Dr.Niranjan Rajadhyaksha (C)</p> Signup and view all the answers

Who is the chairman of the Sixteenth Finance Commission?

<p>Shri Arvind Panagariya (B)</p> Signup and view all the answers

What is the title of the alternative report released by the Ministry of Finance?

<p>Indian Economy – A Review (D)</p> Signup and view all the answers

When is the interim budget, known as a vote-on-account, scheduled to be presented?

<p>February 1 (D)</p> Signup and view all the answers

What type of member is Dr.Soumya Kanti Ghosh in the Sixteenth Finance Commission?

<p>Part-time member (B)</p> Signup and view all the answers

Which role did Shri Ajay Narayan Jha hold before becoming a member of the Sixteenth Finance Commission?

<p>Secretary of Expenditure (A)</p> Signup and view all the answers

What is expected to occur after the general elections in terms of the Economic Survey?

<p>It is expected to be presented. (A)</p> Signup and view all the answers

Flashcards

Interim Budget

A temporary budget presented in place of a full budget during crucial times like elections, allowing for government spending until a full budget can be prepared later.

Vote-on-Account

A temporary financial authorization that allows the government to continue spending while awaiting approval/implementation of the normal budget

Economic Survey

An annual report that assesses India's economy, analyzing its performance, challenges, and future prospects, often released ahead of the budget.

Election Year

2024 in India is an election year influencing the budget process, potentially politicizing economic decisions.

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Sixteenth Finance Commission

A commission appointed to recommend the distribution of tax revenue to states in India.

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Arvind Panagariya

The head (chairman) of the Sixteenth Finance Commission.

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Indian Economy – A Review

An alternative report to the Economic Survey, offering insights into India's economy's trajectory.

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Total Resources to States (FY24-25)

₹22.22 Lakh Crore, a significant increase over FY22-23 Actuals.

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Pension Expenditure (FY24-25)

₹2,39,612 crore, reflecting commitment to retired personnel.

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Defense Expenditure (FY24-25)

₹4,54,773 crore, highlighting national security priority.

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Subsidies (FY24-25)

Significant amounts for Fertilizers (₹1,64,000 crore), Food (₹2,05,250 crore), and Petroleum(₹11,925 crore).

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Agriculture & Allied Activities (FY24-25)

₹1,46,819 crore allocated to agricultural development.

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Education Expenditure (FY24-25)

₹1,24,638 crore, emphasizing investment in education.

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Health Expenditure (FY24-25)

₹90,171 crore, demonstrating government commitment to public health.

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Interest Payments (FY24-25)

₹11,90,440 crore, a significant fiscal planning component.

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Tax Revenue (FY24-25)

₹26.01 Lakh Crore (Net to Centre).

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Non-Tax Revenue (FY24-25)

₹3,99,701 crore.

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Total Expenditure (FY23-24 RE)

₹44,90,486 crore, exceeding FY22-23 Actuals.

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PV Narasimha Rao

A former Indian Prime Minister known for economic liberalization reforms in the early 1990s.

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Economic Liberalization

Opening up India's economy to global markets, allowing private investment and growth.

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Bharat Ratna

India's highest civilian award, recognizing exceptional achievements.

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Global Cancer Scenario

Cancer is a leading cause of death in high and middle-income countries, exceeding cardiovascular diseases (CVD).

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GLOBOCAN 2020

A global cancer database that provides statistics on cancer incidences.

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Modi's agricultural initiatives

Singh’s initiatives focused on farmer relief, improved productivity, and fair crop prices in India.

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JAYWAN card

A digital payment card based on India's RuPay system, for domestic transactions.

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Green Revolution (architecture)

Dr. MS Swaminathan's role in transforming India's agriculture from an importer to a self-sufficient nation.

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World Government Summit 2024

International summit where Prime Minister Modi presented India's perspective on global governance and development.

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Bharat Ratna Dr. MS Swaminathan

Renowned Indian agricultural scientist credited for the Green Revolution, improving global food security.

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Food security

Ensuring enough food for all, often related to agricultural productivity and policies.

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France's Passport

French passport holders have visa-free access to 194 countries, highlighting France's strong international relations.

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IPL's Greatest Team

A panel of cricketers and journalists selected the greatest all-time IPL team.

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World's Highest Railway Bridge

A 1.3 km bridge over the Chenab River, exceeding the Eiffel Tower in height, connecting Katra and Srinagar.

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IPL Inception

The Indian Premier League (IPL) started in 2008.

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Zone of Interest

A category of films, often British films, not necessarily in the English language.

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Global Mobility

The ease of movement around the world, often measured by visa-free travel.

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Henley Passport Index

A ranking of countries based on the number of countries their citizens can enter visa-free.

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India's Ranking

India's position in the Henley Passport Index, which recently decreased.

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Maldives' Ranking

The Maldives' position in the Henley Passport Index, which is higher than India's.

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China's Ranking

The status of China on the Henley Passport index, which modestly improved.

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US Ranking

The United States' position in the Henley Passport Index, which improved compared to past years.

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Documentary: 20 Days in Mariupol

A documentary film focusing on the experiences of the 20 days of war in Mariupol.

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Animated Film: The Boy and the Heron

An animated film that was a part of the Henley Passport Index, not specifically referenced but included.

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Director: Christopher Nolan

The director of the movie Oppenheimer, an original screen play.

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Screenplay: Anatomy of a Fall

A film with an adapted screenplay, details of which are not explicitly available.

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American Fiction

A category of films (not necessarily a title or specific one) focused on American themes and storylines.

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Study Notes

Content of Document

  • Monthly current affairs capsule for February 2024
  • Contains various topics like banking, economy, business, international affairs, national affairs, state affairs, schemes, committees, agreements, sports, summits and conferences, ranks, important days, defence, awards, science and technology, space research, and more
  • Details on Filmfare Awards 2024 winners
  • Details on Australian Open 2024 winners
  • Finance Ministry issues 'Indian Economy - A Review' report
  • Government appoints key members of the 16th Finance Commission
  • Union Budget 2024 details
  • Additional mandates for the commission.
  • Specific ministries' allocations
  • Transfer of Resources to States and Union Territories with Legislature
  • Budget allocations for major schemes
  • Allocations for specific ministries
  • Lists of Filmfare Awards 2024 Winners
  • Lists of Australian Open 2024 winners
  • Detailed information for each section
  • Includes various tables, lists, and summaries providing comprehensive coverage for February 2024

Filmfare Awards 2024

  • Category and award winners for the 69th edition of the Filmfare Awards
  • Held in GIFT City, Gujarat.
  • Karan Johar was the host

Australian Open 2024

  • Jannik Sinner won the men's singles
  • Aryna Sabalenka won the women's singles
  • Rohan Bopanna and Matthew Ebden won the men's doubles
  • Hsieh Su-Wei and Elise Mertens won the women's doubles
  • Hsieh Su-Wei and Jan Zielinski won the mixed doubles

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