Current Affairs Quiz - December, 2021

Notes:
Under a recent operation undertaken by the INTERPOL codenamed ‘HAECHI-II’, enforcement agencies in more than 20 countries have arrested over 1,000 individuals and seized about $27 million of illicit funds.
The programme is a part of a crackdown on cyber-enabled financial crime. India also participated in the global operation. The exercise targeted specific types of online fraud, such as romance scams, investment fraud and money laundering linked to illegal online gambling.

Notes:
The Australian government released the draft of ‘Social Media (Basic Expectations and Defamation) Bill 2021’.
The Bill aims at holding social media companies accountable for the content posted on their platforms, and protecting users from trolls. The reforms will consider social media companies as publishers and they can avoid this liability if they provide information so that the victim can identify and begin defamation proceedings against the troll.

Notes:
Skyroot Aerospace, a Hyderabad-based space technology startup, has test fired India’s first privately developed fully cryogenic rocket engine.
The engine has been named as Dhawan-1, in honour of Indian rocket scientist Satish Dhawan. It was developed using 3D printing technology and is fuelled by liquefied natural gas and liquid oxygen. The engine successfully demonstrated the technology to power its Vikram-2 orbital launch vehicle.

Notes:
The Hunar Haat is a platform provided by the Union Ministry of Minority Affairs to showcase the expertise of artisans/craftsmen of India and explore the opportunities of employment under “Upgrading the Skills and Training in Traditional Arts/Crafts for Development (USTAAD)”.
Recently, the 33rd Hunar Haat was organized at Delhi, which received silver medal at the India International Trade Fair, 2021 for for strengthening commitment to the ‘vocal for local’ initiative.

Notes:
The Union government has approved the strategic disinvestment of Central Electronics Ltd (CEL) after the competitive bidding process. CEL is a CPSE under the Department of Scientific and Industrial Research (DSIR), Ministry of Science and Technology.
The Cabinet Committee on Economic Affairs (CCEA) empowered Alternative Mechanism (AM) has approved the highest price bid of Nandal Finance and Leasing for sale of 100% equity shareholding of GoI in CEL. The winning bid is over Rs 210 crores.

Notes:
Skill Development Ministry launched a pilot project to revive traditional ‘Namda’ craft in Jammu and Kashmir.
The project has been launched under Pradhan Mantri Kaushal Vikas Yojana (PMKVY) 3.0′. The project aims to increase the carpet export from ₹600 crore to ₹6,000 crore and will benefit 2,250 people of 30 Namda Clusters from six districts of Kashmir.

Notes:
The Asian Development Bank (ADB) and the Indian government have signed a $ 250 million loan to support the National Industrial Corridor Development Program (NICDP).
The program aims to develop world-class industrial nodes and generate high level employment. This agreement was signed for the first of two subprograms of the Industrial Corridor Development Program, each of $ 250 million.

Notes:
Bangladesh Navy (BN) and the US military personnel began the annual Cooperation Afloat Readiness and Training (CARAT) maritime exercise.
The exercise will be carried out virtually and in the Bay of Bengal. Bangladesh Navy has been taking part in the CARAT exercise since 2011. It aims to address shared maritime security concerns and strengthen partnerships between regional navies.

Notes:
The World Migration Report is published every second year by the International Organization for Migration (IOM) of the UN.
As per the 2022 report, 30.7 million new displacements were triggered by disasters in 145 countries and territories. More people are being displaced by climate disasters than conflicts. Total internal displacement due to disaster, conflict and violence has increased to 40.5 million in 2020, from 31.5 million in 2019.

Notes:
The Indian Farmers Fertiliser Cooperative Limited (IFFCO) has been adjudged as the ‘number one Cooperative’ among the top 300 cooperatives in the world. The ranking is based on the ratio of turnover over the gross domestic product (GDP) per capita of the country.
This rank signifies that IFFCO is contributing significantly to the GDP and economic growth of the nation.