Current Affairs Quiz - December, 2022

Notes:
Union Steel Minister Jyotiraditya Scindia launched India’s first Green Steel Brand – KALYANI FeRRESTA.
It has been manufactured by a Pune-based Steel company, Kalyani group by using renewable energy resources. Reecntly Kalyani Strategic Systems bagged an export order worth USD 155 million  for artillery guns from another country.

Notes:
The Union Cabinet approved pending One Rank One Pension (OROP) revision for retirees from armed forces and their families.
The scheme has been delayed since July 2019. Arrears will be paid from July 1, 2019 to June 30, 2022 which is approximately ₹23,638 crore. As per the Defence Ministry, over 25.13 lakh people, including over 4.52 lakh new beneficiaries, armed forces pensioners and family pensioners will benefit.

Notes:
The Governor of Uttarakhand, Lt. Gen. (Retired) Gurmit Singh, approved the State’s Freedom of Religion (Amendment) Act.
According to the amended bill, forced conversion in the State will come under the category of crime. Apart from a maximum imprisonment of up to ten years, those persons indulging in forceful and unlawful conversion in Uttarakhand will be slapped with a fine of at least Rs 50,000.

Notes:
House January 6 committee recently released the final report on US Capitol riot. The congressional panel investigating the attack on the US Capitol has accused former President Donald Trump of a multi-part conspiracy to overturn his election defeat three months earlier.
Over 18 months, the committee held 10 public hearings and interviewed more than 1,000 witnesses, before releasing the final 845-page report on the attack.

Notes:
Ladakh is celebrating Losar Festival on December 24, to mark the Ladakhi New Year. The Losar festivities continue for nine more days from the new year.
This is the major socio-religious festival of Ladakh celebrated in winter. The New Year is welcomed with dough Models of Ibex Sun and Moon and flour-painted lucky signs on the walls of the kitchen.

Notes:
As part of India’s G20 presidency, the Minister for Electronics & Information Technology, Ashwini Vaishnaw has launched the ‘G20 Digital Innovation Alliance” (G20-DIA)’.
He also launched the ‘Stay Safe Online’ campaign to increase awareness about the safe practices to be used while being online. MeitY is the Nodal Ministry for the G20 Digital Economy Working Group (DEWG). During India’s G20 presidency, MeitY will focus on three priority areas, namely Digital Public Infrastructure (DPI), Cyber Security, and Digital Skill Development.

Notes:
The Asian Development Bank (ADB) has ranked Indian-PSU company WAPCOS as top amongst consulting services firms in water and other infrastructure sectors.
In another report ‘Fact Sheet – 2022’ released by the ADB, WAPCOS was placed amongst the Top 3 consultants from India involved in consulting services contracts under ADB loan, grant, and technical assistance projects in energy, transport and water, and other urban infrastructure sectors.

Notes:
Prime Minister Narendra Modi virtually laid foundation stone and projects worth more than ₹7,800 crore in West Bengal.
He also virtually inaugurated Dr. Syama Prasad Mookerjee – National Institute of Water and Sanitation (DSPM – NIWAS). It will serve as an apex body in the country on water, sanitation and hygiene (WASH) in the country, serving as a hub of information and knowledge for Central, State and local governments.

Notes:
Reserve Bank of India (RBI) releases the financial stability report (FSR) twice a year in every June and December.
As per the recent report, the gross non-performing asset (GNPA) ratio of scheduled commercial banks (SCBs) fell to a seven-year low of 5.0 per cent. The net non-performing assets (NNPA) have dropped to ten-year low of 1.3 per cent in September 2022.

Notes:
Uttar Pradesh has set up a five-member commission, which will conduct a survey to ensure that the OBCs are provided reservation on the basis of the triple test, as mandated by the Supreme Court. Earlier, the Allahabad High Court ordered the Uttar Pradesh government to hold urban local body elections without reservation for Other Backward Classes (OBCs) because the ‘triple test’ requirement had not been fulfilled.