Current Affairs Quiz - December, 2022

Notes:
The International Finance Corporation (IFC) has extended a USD 400-million loan to mortgage major HDFC for financing green affordable housing units.
The loan will help close the urban housing gap and improve access to climate-smart affordable homes by boosting green housing, creating jobs and ensuring long-term business growth.

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:
Nepal President Bidya Devi Bhandari appointed CPN-Maoist Centre chairman Pushpa Kamal Dahal ‘Prachanda’ as the new Prime Minister of Nepal.
Prachanda has been appointed as the Prime Minister of Nepal as per the Article 76 Clause 2 of the Constitution. There has been an understanding between Prachanda and Oli to lead the government on rotation basis.

Notes:
Tech giant Google has approached the National Company Law Appellate Tribunal (NCLAT), challenging the Competition Commission of India (CCI) order on unfair business practices in Android mobile device.
The CCI in October slapped a penalty of ₹1,337.76 crore on Google for abusing its dominant position in multiple markets in relation to Android mobile devices. It ordered the internet major to cease and desist from various unfair business practices.

Notes:
Union Information and Broadcasting Ministry released a policy draft for Animation, Visual Effects, Gaming and Comics — Extended Reality (AVGC-XR).
It has an aim to boost India’s domestic capacities and develop opportunities in AVGC-XR sector. The policy at state and national levels talks about the framing of a new curriculum at school and college levels, under ‘Create in India’ campaign and creating more job opportunities. The taskforce on AVGC-XR was formed under the aegis of I&B Ministry secretary Apurva Chandra.

Notes:
Ukraine President Volodymyr Zelenskyy has outlined a 10-point peace plan to end the war with Russia.
He has been promoting his 10-point peace plan, discussing it with U.S. President Joe Biden among others. He also urged the the world leaders to hold a Global Peace Summit based on it. Zelenskiy announced his peace formula at a November summit of the Group of 20 major economies.

Notes:
In India, the minimum wage for labourers has been fixed at Rs 178 per day. The labour ministry is considering a shift from the minimum wage to a living wage.
As per reports, India could seek help from the International Labour Organisation (ILO) to arrive at living wages. A minimum wage is the amount required for subsistence and is set by law while the living wage is necessary for workers to meet their basic living requirements. The difference between the two may range from 10 to 25 per cent.

Notes:
The Election Commission of India has developed a prototype of a remote electronic voting machine (RVM) for domestic migrant voters.
It has invited political parties for a demonstration. If implemented, migrant voters do not need to travel to their home district to exercise their franchise and this will be a major move to increase voter participation.

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.