Current Affairs Quiz - December, 2022

Notes:
Hornbill Festival of Nagaland, also known as the ‘Festival of Festivals’, showcases Nagaland’s rich culture.
India assumed the G20 presidency on 1st December 2022 and the 23rd Hornbill Festival 2022 also began on the same day in Nagaland. It is organized by the Government of Nagaland, to encourage inter-tribal interaction and to promote the cultural heritage of Nagaland. Hornbill, Nagaland’s cultural icon, is found in the Indian subcontinent and Southeast Asia.

Notes:
India has provided financial assistance of USD 100 million to the Maldives government to help tackle the economic challenges faced by the country.
The financial support of USD 100 million to the Maldives government will be provided through subscription in Maldives’ Government Domestic Treasury bonds by State Bank of India, Male.

Notes:
Mumbai is placed at 22nd rank in the ‘Prime Global Cities Index Q3 (July-September) 2022’, released by Property consultant Knight Frank.
It said that all three Indian cities namely Mumbai, Bengaluru and New Delhi registered an increase in average annual prices. The global index measures annual price appreciation of premium residential properties. Bengaluru moved up to 27th while New Delhi moved to 36th rank.

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:
World AIDS Day is observed annually on 1 December, to create awareness among people about the Human Immunodeficiency Virus (HIV), its transmission, diagnostic testing, preventive measures, and treatment options.
The theme of World AIDS Day 2022 is “Equalize”, which aims to focus on the practical solutions to reduce inequality and put an end to the life- threatening disease.

Notes:
The gross GST revenue collected in the month of November 2022 is ₹1,45,867 crore. The revenues for the month of November are 11% higher than the GST revenues in the same month last year.
Out of the total revenue, CGST is ₹25,681 crore, SGST is ₹32,651 crore, IGST is ₹77,103 crore and Cess is ₹10,433 crore.

Notes:
The government has launched the fourth tranche of Bharat Bond ETF, India’s first corporate bond exchange traded fund.
Edelweiss Mutual Fund manages the Bharat Bond ETF. The funds will be utilised for undertaking capital expenditures by central public sector enterprises (CPSEs).

Notes:
The National Payments Corporation of India (NPCI) has extended the deadline for third party apps to comply with UPI Market share guidelines by 2 years.
The earlier deadline to meet the market cap norms was December 31, 2022. With this, UPI payments market leaders, PhonePe and Google Pay have to meet the market cap deadline of 30% to December 31, 2024.

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:
The Kanger Valley National Park is located in Chhattisgarh. It is also home to a population of Chhattisgarh’s state bird, the hill myna.
Bird watchers and forest department officials recently counted 200 types of birds in Chhattisgarh’s first-ever inter-state bird survey conducted in the Kanger Valley National Park.