Current Affairs Quiz - December, 2022

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:
The Unique Identification Authority of India is a statutory authority established under the provisions of Aadhaar Act 2016 under the Ministry of Electronics & Information Technology.
UIDAI has urged the residents to keep their documents updated in Aadhaar issued 10 years back, by uploading supportive documents either online through myAadhaar portal or offline by visiting the nearest Aadhaar centre.

Notes:
India and Bangladesh agreed to start negotiations for a free trade agreement (FTA) at an early date. The decision was taken in a meeting between Commerce and Industry Minister Piyush Goyal and his Bangladeshi counterpart Tipu Munshi.
A joint feasibility study on the Comprehensive Economic Partnership Agreement (CEPA), has been carried out after the two countries agreed to explore the possibility of negotiating a trade pact. The bilateral trade between India and Bangladesh increased to USD 18.2 billion in 2021-22.

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:
Russia and India planned to drop all use of the US dollar and the euro in bilateral settlements and conduct all trade transactions in rupee and rouble.
As per the officials, it is necessary to address the imbalance in trade for a full-fledged transition to national currencies.

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:
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:
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:
Union Minister of Power and New and Renewable Energy RK Singh said, a world-class Kayaking-Canoeing Academy is to be set up at Tehri in Uttarakhand.
He inaugurated the National Championship ‘Tehri Water Sports Cup’ at Tehri Lake. The new sports policy has been implemented in the state, and the government has also announced the re-introduction of the sports quota in jobs.

Notes:
The Indian Institute of Technology, Madras’ (IIT-M) BS in Data Science and Applications has won a silver prize in the ‘Best Online Program’ category in the Wharton-QS Reimagine Education Awards.
It is also referred to as ‘the Oscars of Education.’ NPTEL (National Programme on Technology Enhanced Learning), a joint initiative of IITs and IISc, won the Gold in the ‘Lifelong Learning category.’ NPTEL is led by IIT Madras and is funded by the Ministry of Education.