Current Affairs Quiz - August, 2022

Notes:
The Reserve Bank of India (RBI) withdrew the restrictions on American Express Banking Corp and allowed the company to onboard new customers following satisfactory compliance with data storage norms.
The RBI, in 2021, had restricted US-based credit card service  from onboarding new domestic customers onto its card network for non-compliance with RBI’s rules on storage of payment system data.

Notes:
Union Minister for Commerce and Industry Piyush Goyal said PM Gati Shakti involves the geospatial mapping of everything in the country, different layers of interactive maps, leading to integrated planning, with optimization of time and cost.
He also mentioned about the National Single Window System, the beta version of which has been launched recently.

Notes:
The Philippines has been hit by the tropical cyclone Ma-on that has damaged the main Luzon Island in the country.
The cyclone has killed at least three people and injured four others, as per the country’s National Disaster Risk Reduction and Management Council. Ma-on was the sixth tropical cyclone to hit this Southeast Asian country this year.

Notes:
India and Tanzania have decided to set up a task force to prepare a five-year roadmap to boost bilateral defence cooperation. Tanzania is an East African country situated just south of the Equator.
Both the Defence Ministers also agreed to hold the next Joint Defence Cooperation meeting in Tanzania.

Notes:
Tokyo Olympics Gold medallist Neeraj Chopra has won the javelin throw competition at the Lausanne Diamond League. With the best throw of 89.08 metre, Neeraj became the first Indian to clinch the prestigious Diamond League Meet title. The League is an annual series of elite track and field athletic competitions.
Neeraj has been qualified for the Diamond League Finals at Switzerland and also qualified for the 2023 World Championships.

Notes:
Prime Minister Narendra Modi launched the nation-wide financial inclusion program Pradhan Mantri Jan Dhan Yojana in 2014. The flagship scheme has completed its eighth year since launch.
The objective of ‘Pradhan Mantri Jan-Dhan Yojana (PMJDY)’ was to ensure access to various financial services like availability of basic savings bank accounts, access to need-based credit, remittances facility, insurance and pension to the unbanked sections and low-income groups.

Notes:
The newly-identified bird species, named the subantarctic rayadito (Aphrastura subantarctica), which inhabits the Diego Ramírez Archipelago.
The Diego Ramírez is the southernmost point of the South American continent. The bird moves at shorter distances from ground level, and it breeds in cavities in the ground, instead of nesting in cavities in trees.

Notes:
National Bank for Agriculture and Rural Development (NABARD) has approved an allocation of Rs 230 crore for rural infrastructure projects in Mizoram.
The Rural Infrastructure Development Fund (RIDF) was launched in 1995-96. NABARD has sanctioned aggregate loans amounting to Rs 1744.51 crore for critical rural infrastructure like rural roads, bridges, drinking water and health infrastructure.

Notes:
The NITI Aayog has declared holy city of Haridwar in Uttarakhand as the best aspirational district on five parameters.
Under NITI Aayog’s Aspirational Districts Programme, the district has secured first rank in basic infrastructure theme and has become entitled to receive additional allocation of Rs 3 crore. The Haridwar district has been allocated to Union Commerce and Industries Minister Piyush Goyal.

Notes:
South Korea has broken its own record for the world’s lowest fertility rate, according to official figures released. To maintain a stable population, countries need a fertility rate of 2.1.
The country struggles to reverse its years-long trend of declining births. The country’s fertility rate sunk to 0.81 in 2021, 0.03% lower than the previous year.