Current Affairs is the most important area in all competitive exams. But the difficulty level is very high. That’s why; many aspirants get confused, how to select Current Affairs for Preparation of Competitive Examination? In this Post, Daily Current Affairs 1 February 2023, we have tried to cover each and every point and also included all important facts from National/ International news that are useful for upcoming competitive examinations such as UPSC, SSC, Railway, State Govt. etc.
Current Affairs for Competitive Exam – 1 February 2022
Indian Coast Guard celebrates its 47th Raising Day 2023
Indian Coast Guard 47th Raising Day: On February 1st 2023, the Indian Coast Guard (ICG) will commemorate its 47th Raising Day. The ICG has grown significantly since its humble beginnings in 1978 with just seven surface platforms. It now has 158 ships and 78 aircraft, and it is anticipated that it will reach its target force levels of 200 surface platforms and 80 aircraft by 2025. As the fourth largest Coast Guard in the world, the Indian Coast Guard has played a significant role in securing the Indian Coasts and enforcing regulations in the Maritime Zones of India. The Indian Parliament’s Coast Guard Act of 1978 officially founded the ICG on February 1st, 1977. it operates,Under the Ministry of Defense.
February 2023 Current Affairs Quiz
Indian Coast Guard: About
- 158 ships and 70 aircraft are in the inventory of the Indian Coast Guard.
- Since its establishment, the organization has saved 11082 lives.
- Coast Guard Day was established by the government to honour the service of the hundreds of soldiers working tirelessly to protect the nation.
- The motto of the Indian Coast Guard is Vayam Rakshamah, which translates to “We Protect”.
- Spreading awareness about the service of the Indian Coast Guard.
- Sharing information about the history of the organization.
- Coast Guard Day is celebrated by honouring those who work tirelessly for the organization.
History of Coast Guard Day:
The history of Indian Coast Guard Day can be traced back to 1 February 1977, when the Parliament of India passed the Coast Guard Act, 1978. The organisation was created with the intention of running under the Ministry of Defense. On 19 August 1978, then-President Morarji Desai officially launched the organization with just seven ships.
Indian Coast Guard Day is a celebration of the fourth most powerful Coast Guard in the world. It is also a day to celebrate the achievements of the organization. We must all remember to honour the service of the organization on Indian Coast Guard Day 2023.
Important takeaways for all competitive exams:
Indian Coast Guard Director-General: Virender Singh Pathania;
Indian Coast Guard Founded: 1 February 1977;
Indian Coast Guard Headquarters: New Delhi
Former Law Minister Shanti Bhushan passes away at 97
Former Union law minister and eminent jurist Shanti Bhushan: Shanti Bhushan, a famous lawyer and former Union law minister, died at the age of 97. He served as the law minister in the Morarji Desai-led Janata Party government from 1977 to 1979, which came to power after Emergency. Bhushan was one of the Aam Aadmi Party’s first members when it was founded in 2012. Additionally, he had actively taken part in the Anna Hazare-led agitation.
February 2023 Current Affairs Quiz
Bhushan represented politician Raj Narain in the historic case against Indira Gandhi. Freedom fighter and politician Raj Narain, who had unsuccessfully contested the 1971 Lok Sabha elections from Raebareli in Uttar Pradesh against Gandhi, had in his plea accused her of corrupt electoral practices. Gandhi had moved the Supreme Court against the high court verdict. It triggered a series of events that culminated in the declaration of an emergency on June 25, 1975.
In his political career, he was a member of the Congress (O) and later of the Janata Party. He served as a Rajya Sabha member too. He also had a six-year stint with the BJP. A vocal activist and jurist, Bhushan was also part of the anti-corruption movement that led to the formation of Aam Aadmi Party. He later quit the party.
Union Budget 2023: GST collection at nearly Rs 1.56 lakh crore in January
GST collection at nearly Rs 1.56 lakh crore in January: Nirmala Sitharaman, the finance minister, claims that the Goods and Services Tax (GST) collection increased significantly in January 2023, hitting more than Rs 1.55 lakh crore. This represents the second-highest mop-up for the GST collection in history and shows that the economy of the country is growing. The GST collection for January 2023 has reached over the ₹1.50 lakh crore mark for the third time this financial year, and is only second to the highest collection of ₹1.68 lakh crore in April 2022. The revenues for the current financial year up to January 2023 are 24% higher than the GST revenues during the same period last year.
February 2023 Current Affairs Quiz
Detailed breakdown of the gross GST revenue collected in January 2023:
- The total amount collected was 1,55,922 crore, which was made up of 10,630 crore in cess, 36,730 crore in state GST, 28,963 crore in central GST, and 79,599 crore in integrated GST.
- The IGST collection also included ₹37,118 crore collected on the import of goods and the cess collection included ₹768 crore collected on the import of goods.
- The increase in GST collection is a positive sign for the Indian economy and shows the growth of the country’s tax system.
In the October-December 2022 quarter, a total of 2.42 crore GST returns were filed compared to 2.19 crore in the same quarter of the previous year. This improvement in compliance is a result of various policy changes introduced throughout the year.
Visakhapatnam will be the new Andhra Pradesh capital: CM Jagan Reddy
Visakhapatnam will be the new Andhra Pradesh capital: CM Jagan Reddy- CM YS Jagan Mohan Reddy made it clear on Tuesday that Visakhapatnam would become the capital of Andhra Pradesh in coming months, ending ambiguity on the issue. This is the first time that he has made a mention of the capital in his last three years in office. He had been calling Visakhapatnam the executive capital. This time he used the word “capital”, and not “executive capital”. The announcement of Visakhapatnam, a new capital for Andhra comes nine years after the state of Telangana was carved out of its territory and given Hyderabad as its capital.
February 2023 Current Affairs Quiz
More About This Development:
At the International Diplomatic Alliance meet in Delhi CM Jagan urged investors to ‘visit Visakhapatnam and see how easy it is do to business in the state of Andhra Pradesh‘.
In March last year, the Andhra Pradesh High Court had ruled against the proposal to establish three capitals in the state and directed the YSRC government to develop Amaravati as the state capital as envisaged. The Court had also in its verdict on March 3, 2022 said the state Legislature lacked competence to make any legislation for shifting, bifurcating or trifurcating the capital.
The state government has filed a petition in the Supreme Court, challenging the High Court order.
A Rich History of Visakhapatnam:
- According to Vizag port website, the city, which is home to the headquarters of Eastern Naval Command had trade relations with the Middle East and Rome during ancient times and in 1682 it became a settlement of a branch of East India Company.
- On December 19, 1933, Lord Willingdon, the Indian Viceroy and Governor General at the time, officially opened the Visakhapatnam Port.
- The city shot into limelight after the then Prime Minister Indira Gandhi laid foundation stone for a Steel Plant which was dedicated to the nation by former PM PV Narasimha Rao in 1992 after the facility started production.
Significance of This Development:
According to a study by Andhra University, the population of Vizag will grow to 30 lakh by 2035 from 23.5 lakh in 2021. Visakhapatnam has necessary infrastructure like international airport, road and port connectivity which is important for the capital city.
The announcement that Visakhapatnam, nicknamed “City of Destiny,” would be the new state capital, has elicited mixed response from different sections of people in the city.
Former chairman of Confederation of Real Estate Developers Association of India (CREDAI) Visakhapatnam chamber G.V Satyanarayana hailed Jagan’s announcement. The real estate industry will have a good future once the capital is established in Visakhapatnam.
UP Government Launched ‘Samagra Shiksha Abhiyan’ Campaign
UP Government Launched ‘Samagra Shiksha Abhiyan’ Campaign: The Uttar Pradesh government has launched a campaign to empower girls from the underprivileged class. For the safety and security of girls in 746 Kasturba Gandhi Residential Girls Schools in Uttar Pradesh, the Samagra Shiksha Abhiyan will operate under the Aarohini Initiative Training Programme.
February 2023 Current Affairs Quiz
UP Government Launched ‘Samagra Shiksha Abhiyan’ Campaign- Key Points
- Director General of School Education Vijay Kiran Anand informed that the main objective of the Aarohini program, which will be implemented in three phases, is gender sensitization.
- Beginning on February 1st, 2023, the initial phase of the project will involve teacher training.
- Two teachers of every Kasturba Gandhi Residential Girls’ School will receive the training, who will then educate the students of their respective schools.
- Along with the teachers, the institution will also groom the girls through debates and other activities.
Objectives of the Aarohini Initiative Training Programme
The major goal of this scheme is Gender sensitization which is intended to address gender inequality concerns in the city. The campaign will be executed in three different phases, according to the announcement made by the Director General of School Education Vijay Kiran Anand.
- Aarohini Campaign’s main objective is to make all female students studying in schools independent and confident.
- The girls coming from the underprivileged section will be made capable and self-reliant, according to an official press release.
- This training program will enable the girls to raise their voices for their exclusive rights, as declared in the Indian Constitution.
30th National Child Science Congress Organized in Ahmedabad
30th National Child Science Congress Organized in Ahmedabad: The 30th National Child Science Congress was launched in Ahmedabad, Gujarat, on January 27, 2023. The five-day National Child Science Congress took place in Science City. The event came to an end on January 31, 2023. The National Child Science Congress was organized by the Gujarat Council on Science and Technology (GUJCOST), the Gujarat Council of Science City, and SAL Education.
February 2023 Current Affairs Quiz
30th National Child Science Congress Organized in Ahmedabad- Key Points
- Ahmedabad, Gujarat, hosted the 30th National Child Science Congress, which was officially opened on January 27, 2023.
- About 1400 attendees, including child scientists, escort teachers, evaluators, and government representatives, attended the National Child Science Congress.
- The advisor of GUJCOST, Narottam Sahoo informed that nearly 850 students from all over the country were present their project at the congress.
About National Child Congress
The Children’s Science Congress, an important event of the Indian Science Congress is organized to provide a unique opportunity to children of the age group of 10-17 years to use their scientific temperament and knowledge and to quench their thirst for creativity by conducting scientific experiments to solve problems identified by them.
British economist Meghnad Desai Authored a New Book titled “The Poverty of Political Economics”
“The Poverty of Political Economics”: naturalised citizen of India Meghnad Desai, a British economist, has written a new book titled “The Poverty Of Political Economy: How Economics Abandoned the Poor” that focuses on how the discipline of economics has purposefully placed the interests of the poor at the margins ever since it began to develop in the late 18th century. The book is published by HarperCollins Publishers India.
February 2023 Current Affairs Quiz
The book examines the philosophical traditions that have shaped economics across the world in this engrossing new book. Through this book, Meghnad Desai studies the contributions of economics to domestic and international politics from Adam Smith to John Maynard Keynes, and from the Great Depression to the collapse of the Lehmann Brothers.
About the book
In this compelling new book, Meghnad Desai takes a critical, introspective look at the bodies of thought that have driven economics across the world. From Adam Smith to John Maynard Keynes, and from the Great Depression to the collapse of the Lehmann Brothers, Desai studies the contributions of economics to domestic and international politics.
The Poverty of Political Economy asks necessary and startling questions: Where have we fallen short? How have changes in the international order affected the making of economies? In the face of Covid-19, how do we reinvent the way that economic policies are formed?
This is a remarkable thesis by one of the foremost political economists of our time. Desai argues his point persuasively, with great erudition, insisting that in the twenty-first century, humanity must return to economics.
IIM Ahmedabad ranked top MBA colleges in India
IIM Ahmedabad ranked top MBA colleges in India: According to the latest ranking, released by the Indian Institutional Ranking Framework (IIRF), the Indian Institute of Management (IIM), Ahmedabad is the best college to pursue the Master of Business Administration (MBA) course in India.
February 2023 Current Affairs Quiz
The Indian Institute of Management (IIM), Ahmedabad, is the best college to pursue the Master of Business Administration (MBA) course in India, according to the latest ranking released by the Indian Institutional Ranking Framework (IIRF). IIM Ahmedabad is followed by IIM Bengaluru and IIM Kolkata at second and third spots, respectively. The top three have remained unchanged since 2022. According to the latest ranking, released by the Indian Institutional Ranking Framework (IIRF), the Indian Institute of Management (IIM), Ahmedabad is the best college to pursue the Master of Business Administration (MBA) course in India.
The IIM, Lucknow, jumped one place to fourth rank from fifth in 2022, surpassing the Faculty of Management Studies, University of Delhi, which was ranked fourth in 2022. The ranking was based on seven parameters: research, teaching-learning resources pedagogy, industry income and integration, placement performance, future orientation, external perception and international outlook, and placement strategies and support.
IIM Ahmedabad is followed by IIM Bengaluru and IIM Kolkata at second and third spots, respectively. Among private colleges, the Xavier Labour Relations Institute (XLRI), Jamshedpur has topped the rankings.
Assam cabinet approves floriculture mission
Assam cabinet approves floriculture mission: The Assam Cabinet, headed by CM Himanta Biswa Sarma, approved a state floriculture mission with an initial investment of Rs 150 crore that covers 20,000 farmers.
Several other important decisions were taken at the cabinet meeting, including setting up of an additional CM secretariat at Dibrugarh, a new Raj Bhavan at Tezpur and converting employment exchanges into youth welfare offices, he said. A cabinet committee has also been formed to prepare for an event on April 14, marking the Assamese new year, when an attempt will be made to enter record books with the assembly of 10,000 ‘Bihu’ dancers, Sarma said.
February 2023 Current Affairs Quiz
Under State Floriculture Mission, the flower cultivation area will be expanded from 2,200 hectares to 3,288 hectares within three years.
“After paddy and fishery, we are now focusing on achieving self-sufficiency in floriculture,” the chief minister said. He also announced a slew of projects and schemes worth around Rs 1,500-2,000 crore for Dibrugarh district.
Puma India ropes Harmanpreet Singh as brand ambassador
Puma India ropes Harmanpreet Singh as brand ambassador: Sports brand Puma India announced roping in women’s cricket team captain Harmanpreet Kaur as its latest brand ambassador. As part of the partnership terms, Harmanpreet will endorse the brand’s footwear, apparel and accessories throughout the year.
February 2023 Current Affairs Quiz
“Harmanpreet was onboarded over a very unique social experiment that uncovered the country’s overall mindset towards gender perception in sports. This is a major step towards the brand’s commitment to back women in the sports ecosystem,” the company added.
With this, Harmanpreet joins PUMA’s roster of brand ambassadors which includes Virat Kohli, Neymar Jr, Sunil Chhetri, MC Mary Kom, Harleen Deol, K L Rahul, and Avani Lekhara. Harmanpreet Kaur has the record of the fourth fastest women’s T20I hundred in the world to her name.
Morgan Stanley appoints Arun Kohli as new country head for India
Morgan Stanley appoints Arun Kohli as new country head for India: Morgan Stanley named Arun Kohli as the new India head to replace Sanjay Shah, a veteran of 26 years at the firm, who is retiring.
February 2023 Current Affairs Quiz
He has replaced Sanjay Shah, who is set to retire. He has been associated with Morgan Stanley for the past 15 years. Currently, he is serving as the chief operating officer (COO) for Europe, the Middle East, and Africa (EMEA) region.
Earlier, he was the MD for firm strategy and execution for five years, stretching from 2007 to 2012.
- Morgan Stanley, CEO: James P. Gorman;
- Headquarters: New York. USA
