Current Affairs Quiz - December, 2022

Notes:
Sitiveni Rabuka has been elected as the new Prime Minister of Fiji, after his People’s Alliance party secured the backing of Social Liberal Democratic party.
Frank Bainimarama’s reign as leader of Fiji has ended almost 16 years since he made himself as the Prime Minister after a coup in 2006.

Notes:
As many as 38 people recently died in incidents related to powerful Arctic winter storm. The vast storm extends more than 3,200km from Texas to Quebec.
Over 200 million people across the country were left without power and thousands of flights were cancelled. More than eight million people remained under blizzard warnings. As per the US National Weather Service, its recent depicts one of the greatest extents of winter weather advisories ever.

Notes:
Union Minister of Housing and Urban Affairs has recently released the draft guidelines for a new ranking system of cities based on their financial performance and beautification.
The ‘City Finance Rankings 2022’ aims to evaluate and reward urban local bodies on the basis of their strength across resource mobilisation, expenditure performance and fiscal governance systems. The ‘City Beauty Competition’ initiative aims to recognise efforts made by the cities and wards towards creating beautiful, innovative and inclusive public spaces.

Notes:
Centre for Economics and Business Research (CEBR) announced that India will become the third economic superpower by 2037 and a USD 10-trillion economy by 2035.
This growth trajectory will see India rise from fifth place on the World Economic League Table in 2022 to third in the global rankings by 2037.  The annual rate of India’s GDP growth is expected to average 6.4% in the next five years, average 6.5% in the subsequent nine years.

Notes:
Cricket Australia has named the men’s Test Player of the Year award after Shane Warne. The legendary cricketer Warne passed away earlier this year.
In 2006, Warne won the Test player of the Year award and finished as the second-highest wicket-taker in Tests by the end of his career. Warne clinched 708 wickets from 145 matches.

Notes:
The Indian Institute of Science (IISc) has been named as the secretariat for Science 20 (S20), one of the G20’s groupings.
The G20 is being presided over by India and the theme of the S20 in 2023 is ‘Disruptive Science for Innovative and Sustainable Development’.  Discussions will take place throughout the year in various regions of India.

Notes:
The Ministry of Electronics and Information Technology (MeitY) has been appointed as the nodal ministry for matters relating to online gaming with monetary risks.
The Ministry of Youth Affairs and Sports (MYAS) has been tasked with regulating esports (video games not involving money). India’s gaming market is currently estimated at USD 2.6 billion and expected to be worth USD 8.6 billion by 2027.

Notes:
The Competition Commission of India (CCI) issued demand notices to Google for its failure to pay the penalties within the stipulated time.
CCI earlier imposed penalties on the internet major for anti-competitive practices.  Google has filed appeals before the National Company Law Appellate Tribunal (NCLAT) against the Competition Commission of India’s (CCI) two orders in October.

Notes:
The Indian Army has offered the first 3D printed houses for soldiers at Ahmedabad Cantt. They are constructed by the Military Engineering Services (MES) in collaboration with MiCoB Pvt Ltd.
The dwelling unit, with a ground floor plus one configuration are not only cheap but can be constructed in less time. Construction work of the dwelling unit with garage space and first floor was completed in 12 weeks.

Notes:
‘Forks in the Road: My Days at RBI and Beyond’ book is a memoir of Dr C. Rangarajan, the 19th Governor of the Reserve Bank of India and a former Member of Parliament.
The book includes his journey as an economist and RBI Governor and sheds lights on some of the hidden truths surrounding India’s economic history including the account of 1991 reforms.