Notes:
According to Section 45ZL of the Reserve Bank of India Act, 1934, the Reserve Bank publishes the minutes of the proceedings of the meeting on the fourteenth day after every meeting of the Monetary Policy Committee.
As per the minutes of the MPC meeting released recently, Governor Shaktikanta Das along with other members proposed a 50 basis points hike in repo rate to 5.40 per cent.

Notes:
India’s first indigenously-developed RT-PCR kit for testing monkeypox disease has been developed by Transasia Bio-Medicals.
The kit was recently unveiled by Principal Scientific Adviser to the Centre Ajay Kumar Sood. According to WHO, monkeypox is a a virus transmitted to humans from animals, with symptoms similar to smallpox but clinically less severe.

Notes:
The Reserve Bank of India (RBI) published an article titled “Privatisation of Public Sector Banks: An Alternate Perspective” in the August 2022 issue of its bulletin.
As per the authors of the article, instead of a big bang approach, a gradual approach as announced by the government would result in better outcomes.

Notes:
The Indian Air Force, with its four Sukhoi-30 MKI fighter jets and two C-17 heavy-lift aircraft joined the ‘Pitch Black’ exercise.
It is a 17-nation air combat exercise in Australia, being hosted by the Royal Australian Air Force (RAAF). Over 100 aircraft and 2,500 air force personnel from 17 countries namely Australia, Canada, France, Germany, India, Japan, , the UAE, the US, the UK among others participate in the exercise.

Notes:
Artemis III mission is the crewed Moon landing mission of the US Space agency NASA. Under the mission, NASA has planned to send the first woman and person of colour to the Moon. It is scheduled for launch in 2025.
NASA has recently announced 13 potential landing sites for the missions, which are in proximity to the lunar South Pole. Each site is scientifically significant as the lunar South Pole is unexplored by humans and it has some regions rich in resources.