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:
The Union Cabinet approved pending One Rank One Pension (OROP) revision for retirees from armed forces and their families.
The scheme has been delayed since July 2019. Arrears will be paid from July 1, 2019 to June 30, 2022 which is approximately ₹23,638 crore. As per the Defence Ministry, over 25.13 lakh people, including over 4.52 lakh new beneficiaries, armed forces pensioners and family pensioners will benefit.

Notes:
China’s National Health Commission will no longer be publishing daily data on COVID-19 case figures for the country.
The health agency has been publishing the numbers for the past three years. It is also not known how frequently China will now update Covid information. Relevant COVID information will be published by the Chinese Centre for Disease Control and Prevention for reference and research.

Notes:
The Union Ministry of Road, Transport and Highways has published its annual report ‘Road accidents in India 2021’.
This report is based on the information received from police departments of States/Union Territories collected on calendar year basis in standardized formats. The formats are provided by the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP). As per the report, there were 4,12,432 incidences of road accidents during 2021 which claimed 1, 53,972 lives.

Notes:
The Indian Institute of Sciences (IISc), ARTPARK (AI and Robotics Technology Park) and Google have partnered together for ‘Project Vaani’ Initiative.
The digital project aims to map the language diversity of India by collecting speech sets of about a million people across 773 districts. The project aims to record over 150,000 hours of speech, part of which will be transcribed in local scripts. The goal is to boost development of automatic speech recognition, speech to speech translation and natural language understanding.

Notes:
Indian Energy Exchange (IEX) announced to set up a wholly-owned subsidiary, International Carbon Exchange Private Ltd (ICX).
ICX will enable participants to buy and sell voluntary carbon credits at competitive prices through its platform and facilitate reduction of global green house gases emission by 45% by 2030.

Notes:
In India, the minimum wage for labourers has been fixed at Rs 178 per day. The labour ministry is considering a shift from the minimum wage to a living wage.
As per reports, India could seek help from the International Labour Organisation (ILO) to arrive at living wages. A minimum wage is the amount required for subsistence and is set by law while the living wage is necessary for workers to meet their basic living requirements. The difference between the two may range from 10 to 25 per cent.

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.

Notes:
The US Census Bureau said the world’s population is projected to be at 7.9 billion on New Year’s Day 2023.
This is an increase of 73.7 million since January 2022 and an increase in global population of 0.9 percent over the previous year. The Census Bureau projected that there will be 4.3 births and two deaths globally every second in January 2023.