Current Affairs Quiz - December, 2022

Notes:
Gautam Adani-led Adani Properties won the bid for the renovation of Dharavi, the second-largest slum colony in Asia. The Maharashtra government authorities opened the financial bids for the Dharavi redevelopment project, one of the largest redevelopment projects in India.  DLF and Shree Naman Developers were the other two bidders who competed.

Notes:
The 12th Edition of Exercise Agni Warrior, a bilateral exercise between the Singapore and Indian Army concluded at Devlali (Maharashtra).
Exercise Agni Warrior, involved joint firepower planning, execution and use of New Generation Artillery Equipment. Indigenously manufactured Artillery guns and howitzers also participated in the final phase of the exercise.

Notes:
Uttarakhand state government tabled the Uttarakhand Public Service (Horizontal Reservation for Women) Bill 2022.
It seeks to implement the system of 30 per cent horizontal reservation for women in the state. The government also tabled ‘Uttarakhand Religion Freedom (Amendment) Bill 2022’, to introduce strict law regarding religious conversions in the state.

Notes:
Uttarakhand government has named Prasoon Joshi as the state’s brand ambassador. He is a native of Uttarakhand, is a prominent member of the Indian advertising and media industry.
Earlier this month, the state government bestowed the Uttarakhand Gaurav Samman honour for his contributions to art, literature, culture and advertising. His campaigns on malnutrition, polio eradication, women’s empowerment, student suicide and Swachh Bharat Abhiyaan have been popular.

Notes:
Atal Innovation Mission (AIM), NITI Aayog announced the launch of applications for Community Innovator Fellowship (CIF).
It is an initiative of Atal Innovation Mission, NITI Aayog in collaboration with UNDP India to facilitate knowledge building and provide infrastructure support to aspiring community innovators. At present, there are 22 community innovator fellows, who are being incubated.

Notes:
The Reserve Bank of India (RBI) on 1 December announced a four-tiered regulatory framework for categorisation of Urban Co-operative Banks (UCBs).
The norms are based on the net worth and capital adequacy of these banks. All unit UCBs and salary earners’ UCBs and all other UCBs having deposits up to ₹100 crore are placed in Tier 1. UCBs with deposits more than ₹100 crore and up to ₹1,000 crore are in Tier 2. Tier 3 will cover banks with deposits more than ₹1,000 crore and up to ₹10,000 crore. UCBs with deposits more than ₹10,000 crore have been categorised in Tier 4.

Notes:
The Madras High Court has banned mobile phones in temples across Tamil Nadu. As per the Court, the move to ban use of mobile phone is to maintain purity and sanctity of the places of worship.
The High Court also said that phone deposit lockers should be set up at temples, to avoid inconvenience to people and Security personnel will be appointed to ensure compliance of this order.

Notes:
The State Bank of India raised ₹10,000 crore through its maiden infrastructure bond issuance at a coupon rate of 7.51 per cent.
The tenor for the bond is set at 10 years and this is the largest single infra bond sale by any domestic lender. The proceeds of the bond will be utilised to enhance long- term resources for funding infrastructure and affordable housing segment.

Notes:
Pakistan’s central bank said that Saudi Arabia has extended its term for a USD 3 billion deposit to support the foreign reserves of Pakistan.
Saudi Arabia agreed in October 2021 to revive its financial support to Pakistan, including about USD 3 billion in safe deposits and USD 1.2 billion worth of oil supplies on deferred payments. Pakistan requested to help improve its foreign exchange reserves.

Notes:
Cuba enacted a new penal code, which is a modified version of the country’s 1987 regulations. Several activists and human rights organisations warned that it could further limit free expression and trigger protests.
The code increases the minimum penalties and prison sentences on things like public disorder, resistance and insulting national symbols. It also establishes criminal categories for digital offenses and its penalty as two years in prison.