Current Affairs Quiz - August, 2022

Notes:
Every year, International Youth Day is celebrated on August 12 to mark the contribution of the youth to the development of society and to raise awareness against the injustice faced by the youth worldwide.
This year’s theme for International Youth Day 2022 is ‘Intergenerational solidarity: creating a world for all ages. Ageism, a practice of discrimination based on an individual’s age, is the topic of International Youth Day in 2022.

Notes:
Every year, August 13 is celebrated as World Organ Donation Day to create awareness about organ donation.
The day encourages people to donate organs as Organ failure is one of the major issues faced by people across the world. One can register for organ donation after attaining 18 years of age.

Notes:
India’s leading Payments and Banking Platform for Businesses, Razorpay has become the first Indian company to be named in the 2022 Forbes Cloud 100 List.
The Cloud 100 list recognizes the outstanding companies in the technology category from small startups to private-equity-backed major companies.

Notes:
The UK has become the first country to authorise a Covid-19 vaccine to treat the Omicron variant. UK’s Medicines and Healthcare products Regulatory Authority was also the first in the world to approve an original Covid-19 jab.
The vaccine is authorised for use in people aged 18 and over. It targets both the original strain of the virus and Omicron BA.1.

Notes:
Hyderabad-based Bharat Biotech has submitted data from Phase 3 clinical trials of BBV154, its intranasal Covid vaccine candidate, to the drug regulator.
It has sought approval both as a primary two-dose vaccine, and a heterologous booster shot. A heterologous booster means the third or subsequent dose of the vaccine is different from its primary dose.

Notes:
The 23rd edition of India International Seafood Show (IISS) is set to be held in Kolkata in February next year.
The seafood show will be organised by the Marine Products Export Development Authority (MPEDA) in collaboration with the Seafood Exporters Association of India (SEAI).

Notes:
Jammu and Kashmir Lieutenant Governor Manoj Sinha launched the second phase of the Skill Development Training Program for women and youth in Banking, Financial Services & Insurance (BFSI) Sector.
In the second phase, 5000 youth from UT will be trained to introduce the employment opportunities in the Banking & Financial Services sector.

Notes:
The Telangana government launched the ‘Bathukamma saree scheme’, under which the state government places orders to weave Bathukamma sarees, school uniforms and other fabric from cooperative societies of weavers and small scale industries.
The Telangana government recently launched ‘Chenetha Bheema scheme’ for handloom and powerloom weavers to provide them with life insurance.

Notes:
The US government recently passed Inflation Reduction Act, 2022, joining forces with its central bank in the fight to reduce inflation.
The US Federal Reserve has increased policy rates by an unprecedented 225 basis points over the last four monetary policy meetings. The act aims to boost government revenues by around USD 737 billion, and spend USD 437 billion during 2022-31. The savings is expected to translate into lower deficits.

Notes:
The 4th Advance Estimates, the estimated production of major crops during 2021-22 was released by the Union Ministry of Agriculture and Farmers Welfare.
The estimated production of Food-grains in the country is 315.72 million tonnes, which is higher by 4.98 million tonnes than the production of food-grain during 2020-21. It is also higher by 25 million tonnes than the previous five years’ (2016-17 to 2020-21) average production of food-grains.