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:
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:
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:
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 Ministry of Railways has formulated a new scheme to modernise over 1,000 small stations over the coming years.
Amrit Bharat Station Scheme is a part of its station redevelopment drive. The key features of the proposed stations include provisions for roof top plazas, longer platforms, ballast-less tracks, and 5G connectivity.

Notes:
India-assisted 720 Megawatts Mangdechhu Hydroelectric Power Project has been recently handed to Druk Green Power Corporation (DGPC) in Bhutan.
With this project, India and Bhutan have successfully completed four mega hydroelectric power projects. The commissioning of the project has increased Bhutan’s Electrical Power Generation Capacity by 44 per cent.

Notes:
Former Central Railway General Manager Anil Kumar Lahoti has been appointed as the Chief Executive Officer and Chairman of the Railway Board.
He will be taking over the chairmanship from Vinay Kumar Tripathi on January 1. The Railway board has been transitioning to a new integrated service named Indian Railway Management Service.

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:
The Indian Institute of Sciences (IISc), ARTPARK (AI and Robotics Technology Park) and Google have partnered together for ‘Project Vaani’ Initiative.
The digital project aims to map the language diversity of India by collecting speech sets of about a million people across 773 districts. The project aims to record over 150,000 hours of speech, part of which will be transcribed in local scripts. The goal is to boost development of automatic speech recognition, speech to speech translation and natural language understanding.

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.