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Context: Recently, Scientists have discovered the first gamma-ray eclipses from a special type of binary star system by using NASA’s Fermi Gamma-ray Space Telescope.
About Spider Pulsar Systems:

About Fermi Gamma-ray Space Telescope (FGST):
Source: Hindustan Times
Previous Year Questions
Q.1) Which one of the following statements best reflects the idea behind the “Fractional Orbital Bombardment System” often talked about in media? (2022)
Q.2) The experiment will employ a trio of spacecraft flying in formation in the shape of an equilateral triangle that has sides one million kilometres long, with lasers shining between the craft.” The experiment in question refers to (2020)
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Context: The Union Finance Minister, recently tabled the Economic Survey for the Financial Year 2022-23, after the President’s address, on the first day of the Union Budget Session 2023-24. The Economic Survey said that India’s economic recovery from the pandemic is complete and the economy is expected to grow in the range of 6% to 6.8% in the coming financial year 2023-24.
About Economic Survey:

About Chief Economic Advisor (CEA):
Source: The Hindu
Previous Year Questions
Q.1) With reference to the Indian economy, consider the following statements:
Which of the statements given above are correct? (2022)
Q.2) The money multiplier in an economy increases with which one of the following? (2021)
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Context: Recently, Central Govt established three Grievance Appellate Committees based on the recently amended Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021 (IT Rules, 2021).
About Grievance Appellate Committees:
Source: PIB
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Context: First time, Pallas’s cat has been discovered on Mount Everest in the Sagarmatha National Park in Nepal.
About Pallas’s Cat:

About Sagarmatha National Park
Source Down To Earth
Previous Year Questions
Q.1) With reference to “Gucchi” sometimes mentioned in the news, consider the following statements:
Which of the statements given above is/are correct? (2022)
Q.2) With reference to India’s biodiversity, Ceylon Frogmouth, Coppersmith Barbet, Gray Chinned Minivet and White-throated Redstart are (2020)
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Context: The government will soon kick off the process to set up the Sixteenth Finance Commission, with the Finance Ministry likely to notify the terms of references for the constitutional body, tasked with recommending the revenue sharing formula between the Centre and States and their distribution among States, towards the latter half of this year.
About Finance Commission:
Core Responsibilities: It is the duty of the Commission to make recommendations to the President as to—
Source: The Hindu
Previous Year Questions
Q.1) In India, the Central Bank’s function as the “lender of last resort” usually refers to which of the following? (2021)
Select the correct answer using the code given below
Q.2) Which of the following statements is/are correct regarding the Monetary Policy Committee (MPC)? (2017)
Select the correct answer using the code given below :
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Syllabus
In News: Dr. Chintan Vaishanv, Mission Director, Atal Innovation Mission, NITI Aayog inaugurated ACIC-CBIT centre.
About ACIC CBIT
Aim:
ACIC CBIT Foundation Sectoral Areas and Targeted SDGs: Sectoral Focus Areas
Targeted SDGs:
Startups and Innovators supported till date by ACIC-CBIT
About Atal Innovation Mission (AIM):
Source PIB
Previous Year Question
Q1) What does venture capital mean? (2014)
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In News: The All-India CPI-IW for December, 2022 decreased by 0.2 points and stood at 132.3 (one thirty two point three) points. On 1-month percentage change, it decreased by 0.15 per cent with respect to previous month compared to decrease of 0.24 per cent recorded between corresponding months a year ago.
CPI-IW
Sources: PIB
Previous Year Question
Q1) Consider the following statements: (2020)
Which of the statements given above is/are correct?
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In News: Scientists have uncovered a new thalattosuchian—an ancient “cousin” of modern-day crocodiles—which could be the oldest of its kind ever discovered.
Thalattosuchian

Source: Indian express
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In News: Two-day workshop for Samagra Shiksha, Kerala (SSK) Thiruvananthapuram district block resource centre (BRC) personnel in connection with implementation of the NIPUN Bharat Mission began at Neyyattinkar
NIPUN bharat mission:
Aim
About
Major initiatives
Source The hindu
Previous Year Question
Q1) Atal Innovation Mission is set up under the (2019)
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Syllabus
Context:
Positive Findings
Negative Findings

Significance of gender-balanced education
Challenges
Suggestions
Government schemes
Way forward
Source: Indian express
Q.1) With reference to Consumer price index – Industrial workers, consider the following statements
Which of the following statements are incorrect?
Q.2) The word ‘Thalattosuchian’ is sometimes mentioned in media in reference to
Q.3) Consider the following statements regarding Finance Commission of India:
Which of the statements given above is/are correct?
Comment the answers to the above questions in the comment section below!!
ANSWERS FOR ’ 1st February 2023 – Daily Practice MCQs’ will be updated along with tomorrow’s Daily Current Affairs
Q.1) – b
Q.2) – a
Q.3) – b