Find closest multiple of $46$ to $49$. We see that $1 \times 46 = 46$ is the nearest. Now subtract $46$ from $49$ to get reminder $3$. Add $1$ to quotient.
Since $3$ is less than $46$, stop the division. The reminder is $3$. The topmost line $01$ is the quotient. Remove all zeros at the start of the quotient to get the actual quotient $1$.