Current Affairs Quiz - December, 2022

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:
The Jharkhand Assembly recently passed a Rs 8,533.79-crore supplementary budget for the current fiscal by voice vote.
On August 1, the house passed a Rs 3,436.56-crore supplementary budget for the 2022-23 fiscal. As per the house, the government has spent 49 per cent of the main estimates till date, and a supplementary budget was required for ensuring a proper supply of power and scholarships.

Notes:
After the Kunming-Montreal Global Biodiversity Framework by 196 parties was agreed at the 15th meeting of the Conference of Parties (COP15) to the UN Convention on Biological Diversity, the final text of the framework has been released.
The framework, released Montreal city in Canada, includes four goals and 23 action-oriented global targets for urgent action to be achieved by 2030. It also has four long-term goals for 2050 related to the 2050 Vision for Biodiversity.

Notes:
As per a recent report by the Centre, Transport and highways sector has the maximum number of delayed projects.
Of the 769 projects of the sector, 358 projects are delayed. The total original cost of implementation of the projects when sanctioned, was ₹4,33,744 crore, but this was subsequently anticipated at ₹4,60,524 crore with a cost overrun of 6.2%.

Notes:
IIT Kharagpur Director VK Tewary announced that IIT Kharagpur is to set up an engineering institute in Malaysia.
The institute had compiled a compendium of 75 innovations undertaken by its staff and researchers. The engineering institute has also set up the 260-bed Syama Prasad Mookerjee Institute of Medical Sciences.

Notes:
Nepal President Bidya Devi Bhandari appointed CPN-Maoist Centre chairman Pushpa Kamal Dahal ‘Prachanda’ as the new Prime Minister of Nepal.
Prachanda has been appointed as the Prime Minister of Nepal as per the Article 76 Clause 2 of the Constitution. There has been an understanding between Prachanda and Oli to lead the government on rotation basis.

Notes:
Ladakh is celebrating Losar Festival on December 24, to mark the Ladakhi New Year. The Losar festivities continue for nine more days from the new year.
This is the major socio-religious festival of Ladakh celebrated in winter. The New Year is welcomed with dough Models of Ibex Sun and Moon and flour-painted lucky signs on the walls of the kitchen.

Notes:
Cricket Australia has named the men’s Test Player of the Year award after Shane Warne. The legendary cricketer Warne passed away earlier this year.
In 2006, Warne won the Test player of the Year award and finished as the second-highest wicket-taker in Tests by the end of his career. Warne clinched 708 wickets from 145 matches.

Notes:
The Ministry of Electronics and Information Technology (MeitY) has been appointed as the nodal ministry for matters relating to online gaming with monetary risks.
The Ministry of Youth Affairs and Sports (MYAS) has been tasked with regulating esports (video games not involving money). India’s gaming market is currently estimated at USD 2.6 billion and expected to be worth USD 8.6 billion by 2027.

Notes:
Union Home Minister Amit Shah recently launched the Mobile App ‘Prahari’ and Manual of Border Security Force in New Delhi.
Through the Prahari app, BSF personnels can get information related to accommodation, Ayushman-CAPF and leaves on their mobiles.