Current Affairs Quiz - December, 2022

Notes:
Union Steel Minister Jyotiraditya Scindia launched India’s first Green Steel Brand – KALYANI FeRRESTA.
It has been manufactured by a Pune-based Steel company, Kalyani group by using renewable energy resources. Reecntly Kalyani Strategic Systems bagged an export order worth USD 155 million  for artillery guns from another country.

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:
Good Governance Day is celebrated on the birth anniversary of former Prime Minister Atal Bihari Vajpayee on December 25.
Several Leaders paid floral tribute to former Prime Minister Atal Bihari Vajpayee at his memorial ‘Sadaiv Atal’ on his 98th birth anniversary. ‘Sadaiv Atal’ memorial is located in Raj Ghat, New Delhi. On Good governance Day, Ministry of Personnel, Public Grievances and Pensions launched revamped Probity Portal, e-HRMS 2.0 Portal.

Notes:
Nepal President Bidya Devi Bhandari appointed CPN-Maoist Centre chairman Pushpa Kamal Dahal ‘Prachanda’ as the new Prime Minister of Nepal.
Prachanda has been appointed as the Prime Minister of Nepal as per the Article 76 Clause 2 of the Constitution. There has been an understanding between Prachanda and Oli to lead the government on rotation basis.

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:
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:
Union Ministry of Power and the Defence Research and Development Organisation (DRDO) have recently signed a Memorandum of Understanding (MoU) to set up early warning systems for vulnerable hydro projects or power stations.
Specific tasks will be formulated between DRDO and respective project developer, under this agreement.

Notes:
As per the Article IV Consultation report is based on International Monetary Fund bilateral discussions with the Indian authorities.
As per the report, for India’s economic growth is expected to moderate to 6.1% in FY24 from 6.8% estimated for the current fiscal because of high oil prices, weaker external demand, and tighter financial conditions. IMF cautioned that the emergence of a more contagious coronavirus variant could impact trade and growth further.

Notes:
Tamil Nadu government has issued orders to conserve the Nilgiri tahr, the state animal, at a cost of Rs 25.14 crore.
This is regarded as the first Nilgiri Tahr conservation project in the country. The project would be implemented during a 5-year period from 2022-2027, and follow a strategy including synchronised surveys to estimate numbers of the tahrs. The tahr is an endangered species and is protected under Schedule-I of the Wildlife (Protection) Act of India, 1972.

Notes:
According to a report by Save the Children, the number of people facing hunger in Afghanistan increased from 2.25 million people in 2019 to 6.6 million in 2022.
Afghanistan is suffering from a severe hunger crisis and is now counted amongst the top eight countries worst hit by hunger. The eight countries include Afghanistan, the Central African Republic, DRC, Haiti, Somalia, South Sudan, Sudan, and Yemen.