Current Affairs Quiz - December, 2022

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:
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:
Tech giant Google has approached the National Company Law Appellate Tribunal (NCLAT), challenging the Competition Commission of India (CCI) order on unfair business practices in Android mobile device.
The CCI in October slapped a penalty of ₹1,337.76 crore on Google for abusing its dominant position in multiple markets in relation to Android mobile devices. It ordered the internet major to cease and desist from various unfair business practices.

Notes:
Capital markets regulator SEBI said that it has initiated a detailed study of fees and expenses charged by mutual funds.
The study would seek to encourage new participants, encourage adoption of technology, discourage cross subsidisation across schemes, close arbitrage opportunities, and curbing malpractices if any in the practice.

Notes:
Haryana Chief Minister Manohar Lal Khattar mentioned that families with annual incomes up to 1,80,000 are being brought under ‘BPL family category’ and around 29 lakh cards will be made in this regard.
He also announced that the government’s official portal Haryana Shehri Vikas Pradhikaran (HSVP) will begin its Citizen Facilitation Center. The state government will celebrate 2023 as ‘Antyodaya Arogya Varsh, and under the ‘Chirayu Yojana’ 29 lakh families shall be given health insurance.

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:
Ukraine President Volodymyr Zelenskyy has outlined a 10-point peace plan to end the war with Russia.
He has been promoting his 10-point peace plan, discussing it with U.S. President Joe Biden among others. He also urged the the world leaders to hold a Global Peace Summit based on it. Zelenskiy announced his peace formula at a November summit of the Group of 20 major economies.

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.

Notes:
Union Information and broadcasting Minister Anurag Thakur released the Official Government of India Calendar for the year 2023.
It has 12 themes for the 12 months to highlight the efforts made by the Government towards public welfare. The calendar will showcase the achievements of the Government so far and the commitment for future, with the theme ‘Naya Varsh, Naye Sankalp’. It will be made available in 13 languages.

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.