Current Affairs Quiz - December, 2022

Notes:
National Stock Exchange of India (NSE) has received in-principle approval from the Securities Exchange Board of India (SEBI) to set up a Social Stock Exchange (SSE) as a separate segment of the NSE.
Union Finance Minister Nirmala Sitharaman, in her Union Budget speech of 2019-20, proposed the creation of a Social Stock Exchange, under the regulatory ambit of SEBI, for listing social enterprises and voluntary organisations.

Notes:
Indian scientist Professor Thalappil Pradeep, Indian Institute of Technology, Madras received VinFuture special prize on 20th Dec. 2022 in Hanoi.
He was awarded for innovation of a low-cost filtration system to remove arsenic and other heavy metals from groundwater. Thalappil was earlier conferred with the Padma Shri in honour of his work to develop affordable and safe drinking water solutions using nanomaterials.

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:
Good Governance Day is celebrated on the birth anniversary of former Prime Minister Atal Bihari Vajpayee on December 25.
Several Leaders paid floral tribute to former Prime Minister Atal Bihari Vajpayee at his memorial ‘Sadaiv Atal’ on his 98th birth anniversary. ‘Sadaiv Atal’ memorial is located in Raj Ghat, New Delhi. On Good governance Day, Ministry of Personnel, Public Grievances and Pensions launched revamped Probity Portal, e-HRMS 2.0 Portal.

Notes:
Capital markets regulator SEBI said that it has initiated a detailed study of fees and expenses charged by mutual funds.
The study would seek to encourage new participants, encourage adoption of technology, discourage cross subsidisation across schemes, close arbitrage opportunities, and curbing malpractices if any in the practice.

Notes:
China’s National Health Commission will no longer be publishing daily data on COVID-19 case figures for the country.
The health agency has been publishing the numbers for the past three years. It is also not known how frequently China will now update Covid information. Relevant COVID information will be published by the Chinese Centre for Disease Control and Prevention for reference and research.

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 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 Health Ministry of Uzbekistan said 18 children, with acute respiratory disease, have died from taking excessive doses of a cough syrup, Doc-1 Max.
It has been manufactured by Marion Biotech a Noida-based Indian firm. The children consumed the cough syrup, which contained ethylene glycol, a substance that ought not to be present in cough syrup. Parliamentary panel in The Gambia earlier found unacceptable levels of diethylene glycol and ethylene glycol in cough syrups made by Haryana-based Maiden Pharma.

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.