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:
Japan adopted a new policy promoting greater use of nuclear energy to ensure a stable power supply amid global fuel shortages and to reduce carbon emissions.
This is seen as a major reversal of its phase-out plan since the Fukushima crisis. The new policy seeks to maximise the use of existing nuclear reactors by restarting many of them and prolonging the operating life of old reactors beyond their 60-year limit, developing next-generation reactors to replace them among others.

Notes:
Indian female wrestler Antim Panghal has been nominated for the honour of United World Wrestling Rising Star of the Year
In addition to Panghal, the five women across the world who were nominated for the award include Nonoka Ozaki of Japan, Amit Elor of the US, Emma Malmgren of Sweden, and Andreea Ana of Romania.

Notes:
New Delhi Television Ltd (NDTV) founders Prannoy Roy and his wife Radhika Roy said that they have decided to transfer most of their shares in the company to billionaire Gautam Adani.
With this the control of about 65% of the news broadcaster will be transferred to Adani, while Radhika and Prannoy Roy will retain a combined 5% stake in NDTV.

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 Comptroller and Auditor General (CAG) of India has detected large-scale anomalies in the updation of the National Register of Citizens (NRC) for Assam.
It also flagged the risk of data tampering due to improper software development for the exercise. The updation process of the 1951 NRC for Assam was done under the supervision of the Supreme Court. The updated final NRC was released on August 31, 2019 and it left out 1.9 million of the 33 million applicants on suspicion of their claims as Indian citizens.

Notes:
Under Atal Innovation Mission, grant-in-aid of up to Rs. 10 crores for a maximum period of 5 years is provided to establish the Atal Incubation Centre (AIC)
Atal Incubation Centre (AIC) at the Bhabha Atomic Research Centre (BARC) recently signed agreements with MSMEs for incubation of newer technologies into commercial products.

Notes:
Sitiveni Rabuka has been elected as the new Prime Minister of Fiji, after his People’s Alliance party secured the backing of Social Liberal Democratic party.
Frank Bainimarama’s reign as leader of Fiji has ended almost 16 years since he made himself as the Prime Minister after a coup in 2006.

Notes:
Union Minister of Housing and Urban Affairs has recently released the draft guidelines for a new ranking system of cities based on their financial performance and beautification.
The ‘City Finance Rankings 2022’ aims to evaluate and reward urban local bodies on the basis of their strength across resource mobilisation, expenditure performance and fiscal governance systems. The ‘City Beauty Competition’ initiative aims to recognise efforts made by the cities and wards towards creating beautiful, innovative and inclusive public spaces.

Notes:
The National Highways Authority of India (NHAI) has appointed senior bureaucrat Santosh Kumar Yadav as Chairman.
Santosh Kumar Yadav, a 1995-batch IAS officer is currently additional secretary in the Department of School Education and Literacy, Ministry of Education.