Current Affairs Quiz - December, 2022

Notes:
Flipkart and PhonePe announced the full ownership separation of PhonePe, India’s largest digital payments platform.
The PhonePe Group was acquired by the Flipkart Group in 2016 and is one among India’s largest digital payments platform. PhonePe has over 400 million registered users, as it builds products and offerings tailored to the Indian market.

Notes:
England player Sam Curran became the most expensive player in IPL history in the INR 18.50 crore deal signed by Punjab Kings.
Sam Curranwas the Player of the Final and the Tournament at the 2022 T20 World Cup in Australia, and since September this year he has taken 25 wickets in 14 T20s at an economy rate of 7.08.
Ben Stokes became Chennai Super Kings’ costliest signing at INR 16.25 crore while Sunrisers Hyderabad bought Harry Brook for INR 13.25 crore.

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:
Indian badminton star PV Sindhu is the only Indian player in the top 25 in Forbes’ annual list of the highest-paid female athletes in the world.
The 27-year-old made 7 million US Dollars of her earnings, after having won a singles gold and doubles silver at the Commonwealth Games earlier this year in Birmingham. Japanese tennis star Naomi Osaka tops the list, for the third straight year.

Notes:
The Union Mines Ministry approved the purchase of two new surveyor ships, to replace RV Samudra Shaudhikama and RV Samudra Kaustabh.
The new ships would conduct marine surveys for the Geological Survey of India (GSI). The RV Samudra Shaudhikama and RV Samudra Kaustabh were built in the Netherlands and commissioned in 1984.

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:
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:
Lovlina Borgohain (75kg) and Nikhat Zareen (50 kg) have won Gold medals at Women’s National Boxing Championship 2022 in Bhopal.
Haryana’s Manisha and  Saweety Boora,  Railway Sports Promotion Board’s (SSCB) Sakshi (52kg), Madhya Pradesh’s Manju Bamboria also clinched gold medals in their respective categories. The Railways team topped the medals tally with 10 medals including five golds.

Notes:
Daksh is the advanced supervisory management system maintained by the Reserve Bank of India (RBI).
RBI recently announced that it is migrating the payments fraud reporting module to Daksh on January 1, 2023. The move aims to streamline reporting, enhance efficiency and automate the payments fraud management process.

Notes:
Leaders and people of Meghalaya paid rich tribute to the Freedom Fighter U Kiang Nangbah on his 160th death anniversary.
U Kiang Nangbah had revolted against the British when Khasi-Jaiñtia Hills region were not part of India. He was hanged publicly at in Jowai town on December 30, 1862.