Daily Current Affairs Quiz : April 14, 2022

Notes:
The World Trade Organization (WTO) revised down its forecast for global trade growth in 2022-23 to 3% from 4.7%.
The slash is because of the impact of the Russia-Ukraine war. WTO also warned of a potential food crisis caused by surging prices. It also forecasted that the global trade growth in 2023 would rise up to 3.4%.

Notes:
The Centre’s asset monetisation drive mopped up 12% more than the target set for FY22, due to the strong performance of the coal and mineral blocks, highway stretches and power transmission lines.
In aggregate, revenues and investments mobilised from asset monetisation in 2021-22 stood at 96,000 crore, which will go up by at least 4,000 crore. The monetisation target was 88,200 crore for FY22, the first year of the 6-trillion four-year National Monetisation Pipeline (NMP)

Notes:
India and the US have decided to establish a new ‘India-US Education and Skills Development Working Group’.
It aims to further strengthen cooperation in the field of education and skill development through joint collaborations. The Group also promote student and scholar mobility to build people-to-people linkages. It is issued a part of the joint statement issued after the fourth India-US 2+2 Ministerial Dialogue.

Notes:
The Union Ministry of Housing and Urban Affairs (MoHUA) launched the “Svanidhi se Samriddhi” programme in 126 additional cities across 14 states and Union territories.
“Svanidhi se Samriddhi”, an additional programme of PM Svanidhi, was launched last year in 125 cities under the first phase, covering around 35 lakh street vendors and their families. PM Svanidhi aims at providing an affordable working capital loan to street vendors.

Notes:
The data released by the National Statistical Office (NSO) showed that the retail inflation rate in India rose to 6.95 per cent in March from a year ago.
The rate stands above the tolerance limit of the Reserve Bank of India (RBI) for the third straight month. The Index of Industrial Production (IIP) grew 1.7 per cent in February on annual basis but contracted 4.7 per cent month on month.