Current Affairs Quiz - December, 2022

Notes:
The World Bank recently released its flagship report titled ‘Migration and Development Brief’.
As per the report, Remittance flows to India will rise 12% to reach USD 100 billion this year. Remittances to low- and middle-income countries (LMICs) grew by an estimated 5% to USD 626 billion in 2022.

Notes:
The French baguette has been recently awarded the UNESCO “intangible cultural heritage status”.
As per the National Federation of French Bakeries, more than six billion baguettes are baked every year in France. It is a bread with crusty exterior and soft middle and is an essential part of French life.

Notes:
Uttarakhand has hired McKinsey, a global management consultancy, to help in achieving the target of doubling its Gross State Domestic Product (GSDP) in the next five years.
The State has the target of doubling GSDP from ₹2.73 lakh crore to ₹5.5 lakh crore by achieving a CAGR of 15% in the next five years. McKinsey has signed a two-year agreement with the state government under Shashakt Uttarakhand mission.

Notes:
The Digi Yatra paperless airport entry facility is now functional at three airports in the country, including Delhi’s Indira Gandhi International, Bengaluru and Varanasi airports.
Based on the Facial Recognition Technology (FRT), Digi Yatra aims to achieve seamless and contactless processing of passengers at airports. By March 2023, four more cities will be added: Hyderabad, Kolkata, Pune, and Vijayawada.

Notes:
According to a new International Labour Organization (ILO) report titled ‘the Global Wage Report 2022-2023’, the severe inflationary crisis combined with a global slowdown in economic growth are causing a striking fall in real monthly wages in many countries.
The slowdown is driven in part by the war in Ukraine and the global energy crisis. According to the report, the crisis is reducing the purchasing power of the middle classes and hitting low-income households.

Notes:
As per recent data, National AIDS Control Organization (NACO) announced that the country’s annual rate of HIV infection has declined by 46 per cent between 2010 and 2021.
The decline is against the global average of 32 per cent. According to NACO, AIDS-related mortalities have also declined by 76 per cent against the global average of 52 per cent during the period.

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:
The 17th Asia and the Pacific Regional Meeting (APRM) of the International Labour Organisation (ILO) began in Singapore.
“Integrated policy agenda for a human–centred recovery that is inclusive, sustainable and resilient” is the theme of the meeting.

Notes:
The ‘12th World Hindi Conference’ is being organized by the Ministry of External Affairs in collaboration with the Government of Fiji in February 2023 in Fiji.
According to the Ministry of External Affairs, the main theme of the Conference is “Hindi: From Traditional Knowledge to Artificial Intelligence”. Eleven World Hindi Conferences have been organized in various countries, so far.

Notes:
The Reserve Bank of India (RBI) is set to introduce additional features to the existing Unified Payments Interface (UPI) platforms to allow multiple debits.
The central bank will roll out single-block and multiple debit functionality that will enable users to block funds in their accounts. With the added feature, merchants can make multiple debit transactions within a permitted limit.