Current Affairs Quiz - December, 2022

Notes:
Zydus Worldwide DMCC, a subsidiary of Zydus Lifesciences has received final approval from the U.S. Food and Drug Administration to market Selexipag Tablets in different strengths.
Selexipag is used for the treatment of pulmonary arterial hypertension (PAH), to delay disease progression and reduce the risk of hospitalisation in adults.

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:
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:
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:
The bar-headed goose, considered one the world’s highest flying birds, recently visited the Muttukadu backwaters in Tamil Nadu.
As many as seven bar-headed geese made a temporary stop at Muttukadu. Bar-headed geese, native to Central Asia, are capable of flying through the passes of the highest mountains with speedy winds freezing temperatures.

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:
Daksh is the advanced supervisory management system maintained by the Reserve Bank of India (RBI).
RBI recently announced that it is migrating the payments fraud reporting module to Daksh on January 1, 2023. The move aims to streamline reporting, enhance efficiency and automate the payments fraud management process.

Notes:
As part of India’s G20 presidency, the Minister for Electronics & Information Technology, Ashwini Vaishnaw has launched the ‘G20 Digital Innovation Alliance” (G20-DIA)’.
He also launched the ‘Stay Safe Online’ campaign to increase awareness about the safe practices to be used while being online. MeitY is the Nodal Ministry for the G20 Digital Economy Working Group (DEWG). During India’s G20 presidency, MeitY will focus on three priority areas, namely Digital Public Infrastructure (DPI), Cyber Security, and Digital Skill Development.

Notes:
The Election Commission of India has developed a prototype of a remote electronic voting machine (RVM) for domestic migrant voters.
It has invited political parties for a demonstration. If implemented, migrant voters do not need to travel to their home district to exercise their franchise and this will be a major move to increase voter participation.

Notes:
The Election Commission has initiated the delimitation of assembly and parliamentary constituencies in Assam.
It will use the 2001 census figures for the readjustment of seats. The move to redraw the assembly and parliamentary seats of Assam as per Section 8A of the Representation of the People Act, 1950 has been initiated after a request from the Union Law Ministry.