Current Affairs Quiz - December, 2022

Notes:
Commerce and Industry Minister Piyush Goyal rolled out Government e-Marketplace services (GeM) through Common Service Centres (CSC) and India Post, Department of Post.
The Minister also launched the Government e-Marketplace Seller Samvaad Booklet, which is a compilation of testimonials from sellers and service providers based on their experience on GeM portal.

Notes:
Adani Solar, the photovoltaic manufacturing and research arm of the Adani Group, has introduced India’s first large sized monocrystalline silicon ingot.
Inaugurated at its Mundra facility recently, the mono-crystalline ingots will help to produce renewable electricity from Silicon based PV modules with efficiencies ranging from 21% to 24%. Adani Solar is a part of Adani New Industries (ANIL).

Notes:
The Ministry of Health and Family Welfare has approved Bharat Biotech’s intranasal Covid vaccine as a booster dose for those above 18 years of age.
India’s first intranasal Covid vaccine iNCOVACC will be added to the CoWin app, which is a web platform for vaccination registration in the country. At present, only Bharat Biotech’s Covaxin, Serum Institute’s Covishield and Covovax, Russian Sputink V and Biological E Ltd’s Corbevax are listed in the CoWin portal.

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:
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:
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:
HCL Corporation and World Economic Forum (WEF) launched the ‘Aquapreneur’ Global Fresh Water Innovation Challenge.
HCL Corporation partnered with UpLink, the open innovation platform of the World Economic Forum, to announce the five-year-long Aquapreneur Innovation Initiative. The USD 15 million ‘Aquaprenuer-Global Fresh Water Innovation Challenge’ is attracting interest from startups from regions like India and the rest of the world.

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:
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:
Tata Power’s subsidiary, Tata Power Renewable Energy (TPREL) has received the letter of award (LoA) from Tata Power Delhi Distribution to set up 255 megawatt (MW) hybrid (wind and solar) power project in Karnataka.
Tata Power Delhi Distribution (Tata Power-DDL) is a joint venture of Tata Power and the Government of NCT of Delhi.