Current Affairs Quiz - December, 2022

Notes:
Flipkart and PhonePe announced the full ownership separation of PhonePe, India’s largest digital payments platform.
The PhonePe Group was acquired by the Flipkart Group in 2016 and is one among India’s largest digital payments platform. PhonePe has over 400 million registered users, as it builds products and offerings tailored to the Indian market.

Notes:
The Delhi Metro has recently completed 20 years of operations, since it started its journey in December 2002 with a corridor of just 8.2 km spanning six stations on the Red Line.
The DMRC’s network span is nearly 392 km with 286 stations in 2022. An exhibition named ‘Tracing Delhi Metro’s Journey’ was launched to mark the 20^th year. Japan International Cooperation Agency (JICA) provided financial support for rapid expansion of the metro network in Delhi-NCR.

Notes:
The Central Board of Indirect Taxes and Customs (CBIC) has constituted Customs, Central Excise and Service Tax Settlement Commission.
It aims to resolve and settle the show-cause notices issued under the Customs Act, Central Excise Act and Service Tax regime. This move would ensure speedy disposal of cases under the old indirect tax regime.

Notes:
The International Monetary Fund (IMF) cautioned that India’s fiscal space is at risk, in its Article IV consultation report.
IMF also called for a more ambitious and well-communicated consolidation to ensure medium-term fiscal sustainability. It called for further structural reforms, including addressing the adverse impact of climate change, to secure strong and sustainable growth.

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:
The Indian Institute of Science (IISc) has been named as the secretariat for Science 20 (S20), one of the G20’s groupings.
The G20 is being presided over by India and the theme of the S20 in 2023 is ‘Disruptive Science for Innovative and Sustainable Development’.  Discussions will take place throughout the year in various regions of India.

Notes:
Asian Games silver medallist Brijesh Damani won his maiden National Billiards Championship as he defeated his fellow player Dhruv Sitwala in Indore.
Indian Oil’s Brijesh had defeated B. Bhaskar of Karnataka and reigning World 6Red Champion S. Shrikrishna in quarterfinal and semifinal. At present, Brijesh has six international medals, including a silver at the 2010 Guangzhou Asian Games.

Notes:
The President of India Droupadi Murmu, laid the foundation stone for the project ‘Development of Pilgrimage Facilities at Bhadrachalam Group of Temples’ at Bhadrachalam in the state of Telangana.
She also laid the foundation stone for another project called ‘Development of Pilgrimage and Heritage Infrastructure of UNESCO World Heritage Site at Rudreshwara (Ramappa) Temple’ in the state.  Both these projects have been approved under the PRASHAD (National Mission on Pilgrimage Rejuvenation and Spiritual Heritage Augmentation Drive) Scheme of the Ministry of Tourism.

Notes:
Indian Air Force (IAF) successfully test-fired the extended-range version of BrahMos Air-Launched missile.
It was test fired against a ship target from a frontline SU-30MKI aircraft. The maiden test of the extended range of the Brahmos Air Launched missile was conducted on May 12. BrahMos missiles are designed, developed and produced by BrahMos Aerospace, a joint venture company set up by India’s DRDO and Russia’s Mashinostroyenia.

Notes:
Leaders and people of Meghalaya paid rich tribute to the Freedom Fighter U Kiang Nangbah on his 160th death anniversary.
U Kiang Nangbah had revolted against the British when Khasi-Jaiñtia Hills region were not part of India. He was hanged publicly at in Jowai town on December 30, 1862.