Current Affairs Quiz - August, 2022

Notes:
The Prime Minister launched the Union Power Ministry’s ‘Revamped Distribution Sector Scheme’. It aims to help DISCOMs improve their operational efficiencies and financial sustainability.
The Prime Minister laid the foundation stone of various green energy projects of NTPC worth over Rs 5200 crore. He also launched the ‘National Solar rooftop portal’.

Notes:
Scientists at the Hong Kong University of Science and Technology (HKUST) have developed a new hydrogen fuel cell.
It is the world’s most durable cell so far and also the most cost-effective. This can expand the scope of application of green energy across the world. Hydrogen fuel cells efficiently generate power by converting hydrogen and oxygen into electricity, without emitting carbon dioxide, particulate matter, and other air pollutants.

Notes:
CoWIN is being repurposed for the universal immunisation program (UIP), at present.
CoWIN head and CEO of the National Health Authority Dr. R.S. Sharma announced that the app will help in discovery of vaccination centres and reminders for subsequent vaccinations for preventable diseases for mothers and the newly born.

Notes:
Indian Prime Minister Narendra Modi inaugurated the IFSC Banking Unit (IBU) of Deutsche Bank AG at the Gujarat International Finance-Tech City (GIFT City) in Ahmedabad.
The IBU will offer financial products across trade finance, fixed income and currencies in the initial phase. It will also provide all approved international financing products to Deutsche Bank’s clients in India and overseas.

Notes:
Australia is the host of ‘Pitch Black’, an international Air Combat Exercise. India is set to participate in the 17-Nation Exercise.
It includes the participation of around 100 aircraft and 2,500 military personnel from 17 countries. Other participants include Australia, Canada, India, France, Germany, Indonesia, Japan, Malaysia, the Netherlands, New Zealand, the Philippines, the Republic of Korea, Singapore, Thailand, the UAE, the UK and the US.

Notes:
The SVC Co-operative Bank (SVC Bank) has signed an agreement with the Small Industries Development Bank in India (SIDBI) to improve the flow of credit to MSMEs.
The Shamrao Vithal Co-operative Bank is a scheduled co-operative bank in India that was established in 1906.

Notes:
Larsen & Toubro signed a MoU with the Gujarat state government to set up an IT and IT-enabled service (ITeS) Technology Park in Vadodara.
L&T will develop this IT Park in the next five years with an investment of Rs 7,000 crores. It will provide jobs for 2,000 engineers and other positions in a year and 10,000 direct and indirect employments in the next five years.

Notes:
Chief Justice of India N.V. Ramana recommended to the government the name of Justice Uday Umesh Lalit as his successor and the 49th Chief Justice of India.
The Chief Justice is retiring on August 26, 2022. As per the details, Justice Lalit will retire on November 8 and Justice DY Chandrachud will be appointed as the 50th Chief Justice of India after him.

Notes:
South Korea launched its first moon mission recently. Its lunar orbiter ‘Danuri’ was indigenously developed by the Korea Aerospace Research Institute (KARI).
The orbiter means “enjoy the moon” successfully separating from the Falcon 9 rocket. It is expected to enter the moon’s orbit in December before starting a yearlong observation mission. If it succeeds, South Korea will become the world’s seventh lunar explorer, and the fourth in Asia.

Notes:
The four-day International Dairy Federation World Dairy Summit (IDF WDS 2022), is scheduled to be held in New Delhi from September 12.
India is the world’s largest milk producer with largest cattle population while it lags behind in yield. From the summit, India will learn lessons to improve its per animal milk productivity from advanced nations.