Current Affairs Quiz - December, 2022

Notes:
Tamil Nadu Chief Minister M. K. Stalin launched the Mananala Nallaadharavu Mandram (Mind Health Support Forum) at government medical colleges to offer counselling and support to school students.
A helpline 14416 was also introduced to reach out to psychiatrists at government medical colleges. In all medical colleges, the forum has been created to offer programmes to improve the mental health of students. The programme will be extended to all colleges and schools.

Notes:
Reliance Retail Ventures has signed agreements to acquire 100% equity in Metro AG’s Metro Cash & Carry India, for Rs 2,850 crore.
Reliance Retail Ventures Ltd is a subsidiary of Reliance Industries Ltd., Metro India was the first company to introduce cash-and-carry business format in the country, when it was launched in 2003. It currently operates 31 large format stores across 21 cities.

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:
Union Cabinet decided to provide free food-grains to all 81 crore beneficiaries covered under the National Food Security Act (NFSA) till December 2023.
The beneficiary families which used to pay ₹1 for coarse cereals, ₹2 for wheat and ₹3 for rice per kg will now get 35kg of food-grains free for the next one year and others will get 5kg for free in a month till December 2023. The Centre has estimated an additional amount of ₹2 lakh crore for the scheme.

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:
As many as 38 people recently died in incidents related to powerful Arctic winter storm. The vast storm extends more than 3,200km from Texas to Quebec.
Over 200 million people across the country were left without power and thousands of flights were cancelled. More than eight million people remained under blizzard warnings. As per the US National Weather Service, its recent depicts one of the greatest extents of winter weather advisories ever.

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:
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:
Tamil Nadu government has issued orders to conserve the Nilgiri tahr, the state animal, at a cost of Rs 25.14 crore.
This is regarded as the first Nilgiri Tahr conservation project in the country. The project would be implemented during a 5-year period from 2022-2027, and follow a strategy including synchronised surveys to estimate numbers of the tahrs. The tahr is an endangered species and is protected under Schedule-I of the Wildlife (Protection) Act of India, 1972.

Notes:
The US Census Bureau said the world’s population is projected to be at 7.9 billion on New Year’s Day 2023.
This is an increase of 73.7 million since January 2022 and an increase in global population of 0.9 percent over the previous year. The Census Bureau projected that there will be 4.3 births and two deaths globally every second in January 2023.