Current Affairs Quiz - December, 2022

Notes:
The Central Board of Indirect Taxes and Customs (CBIC) has constituted Customs, Central Excise and Service Tax Settlement Commission.
It aims to resolve and settle the show-cause notices issued under the Customs Act, Central Excise Act and Service Tax regime. This move would ensure speedy disposal of cases under the old indirect tax regime.

Notes:
National Mobile Monitoring Software (NMMS) App was launched by the Minister of Rural Development in 2021.
Digitally capturing the attendance of workers employed under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGREGS) has been made universal from January 1, 2023.  The attendance is captured through National Mobile Monitoring System (NMMS) mobile application.

Notes:
HCL Corporation and World Economic Forum (WEF) launched the ‘Aquapreneur’ Global Fresh Water Innovation Challenge.
HCL Corporation partnered with UpLink, the open innovation platform of the World Economic Forum, to announce the five-year-long Aquapreneur Innovation Initiative. The USD 15 million ‘Aquaprenuer-Global Fresh Water Innovation Challenge’ is attracting interest from startups from regions like India and the rest of the world.

Notes:
Former Central Railway General Manager Anil Kumar Lahoti has been appointed as the Chief Executive Officer and Chairman of the Railway Board.
He will be taking over the chairmanship from Vinay Kumar Tripathi on January 1. The Railway board has been transitioning to a new integrated service named Indian Railway Management Service.

Notes:
As per the Article IV Consultation report is based on International Monetary Fund bilateral discussions with the Indian authorities.
As per the report, for India’s economic growth is expected to moderate to 6.1% in FY24 from 6.8% estimated for the current fiscal because of high oil prices, weaker external demand, and tighter financial conditions. IMF cautioned that the emergence of a more contagious coronavirus variant could impact trade and growth further.

Notes:
The Government of India and Asian Development Bank (ADB) signed a USD 125 million loan to improve urban services in Tamil Nadu.
Tamil Nadu Urban Flagship Investment Program seeks to develop climate-resilient sewage collection and treatment, and drainage and water supply systems in three cities in the state. This is the third and the last tranche of the USD 500 million multi-tranche financing facility (MFF) for the Program approved by ADB in 2018.

Notes:
British Indian Army Memorial is set to be built in the Scottish city of Glasgow, to commemorate the sacrifice of millions of Indian soldiers who fought for the British during the two World Wars.
The memorial is visualised as Scotland’s first permanent memorial wall to recognise the service and sacrifice of the British Indian Army. Approximately 1.3 million Indian soldiers served in World War One, and over 74,000 of them lost their lives.

Notes:
Brazil football legend Pele recently passed away due to cancer at the age of 82. His funeral is set to be held at the stadium where Brazilian soccer legend Pele played some of his best matches.
The legendary player led Brazil to World Cup victory in 1958, 1962 and 1970. He remains one of the team’s all-time leading scorers with 77 goals. Brazil’s Neymar tied Pele’s record during this year’s World Cup in Qatar.

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.

Notes:
The Election Commission has initiated the delimitation of assembly and parliamentary constituencies in Assam.
It will use the 2001 census figures for the readjustment of seats. The move to redraw the assembly and parliamentary seats of Assam as per Section 8A of the Representation of the People Act, 1950 has been initiated after a request from the Union Law Ministry.