Current Affairs Quiz - December, 2022

Notes:
Decacorn is the name given to a business with a value more than USD 10 billion. Unicorns are businesses with a value more than USD 1 billion.
Recently, the collective value of the Indian Premier League (IPL) is estimated to have gone up to USD 10.9 billion, thereby becoming a decacorn. Media rights, sponsorships, ticket sales, and in-stadia revenue are the contributors for its revenue.

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 Delhi Metro has recently completed 20 years of operations, since it started its journey in December 2002 with a corridor of just 8.2 km spanning six stations on the Red Line.
The DMRC’s network span is nearly 392 km with 286 stations in 2022. An exhibition named ‘Tracing Delhi Metro’s Journey’ was launched to mark the 20^th year. Japan International Cooperation Agency (JICA) provided financial support for rapid expansion of the metro network in Delhi-NCR.

Notes:
The minimum support prices are announced by the Government of India at the beginning of the sowing season for 22 crops on the basis of the recommendations of the Commission for Agricultural Costs and Prices (CACP).
The Union Cabinet approved minimum support prices (MSPs) for copra for 2023 season, based on recommendations of CACP and prices and views of major coconut-growing states. MSP is fixed at Rs 10,860 per quintal for milling copra and at Rs 11,750 per quintal for ball copra.

Notes:
The Reserve Bank of India (RBI) has mandated banks in the country to renew their locker agreements with existing locker customers by January 1, 2023.
All the existing locker depositors are required to furnish proof of eligibility for a renewed locker arrangement. RBI also advised the banks to install CCTV camera at entry and exit points of strong room and preserve its recording for a period of not less than 180 days.

Notes:
Sitiveni Rabuka has been elected as the new Prime Minister of Fiji, after his People’s Alliance party secured the backing of Social Liberal Democratic party.
Frank Bainimarama’s reign as leader of Fiji has ended almost 16 years since he made himself as the Prime Minister after a coup in 2006.

Notes:
Bangladeshi Prime Minister Sheikh Hasina inaugurated the country’s first ever metro rail line in its capital city Dhaka.
Dhaka is regarded as one of the world’s most densely populated cities. The Metro project has been mostly funded by Japan and the train network has been in development for nearly 10 years.

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:
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:
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.