Current Affairs Quiz - December, 2022

Notes:
The Karnataka government has introduced a new startup policy (2022-27), which aims to add around 10000 startups more in the state in the next five years.
The new policy has been framed by the Department of Electronics and IT/BT. As a part of the policy, the state government will launch an INR 100 Cr venture capital fund to support deep-tech startups working in AI&ML, electric vehicle, med-tech, robotics and drones, among others.

Notes:
Indian scientist Professor Thalappil Pradeep, Indian Institute of Technology, Madras received VinFuture special prize on 20th Dec. 2022 in Hanoi.
He was awarded for innovation of a low-cost filtration system to remove arsenic and other heavy metals from groundwater. Thalappil was earlier conferred with the Padma Shri in honour of his work to develop affordable and safe drinking water solutions using nanomaterials.

Notes:
Union Cabinet decided to provide free food-grains to all 81 crore beneficiaries covered under the National Food Security Act (NFSA) till December 2023.
The beneficiary families which used to pay ₹1 for coarse cereals, ₹2 for wheat and ₹3 for rice per kg will now get 35kg of food-grains free for the next one year and others will get 5kg for free in a month till December 2023. The Centre has estimated an additional amount of ₹2 lakh crore for the scheme.

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:
Union Minister for Youth Affairs and Sports, Anurag Singh Thakur inaugurated the Sports Science Centre in Udupi.
This Sports Science Centre will bring together sports scientists and athletes. The Government has spent 2700 crore rupees to enhance sporting infrastructure as well as 3,136 crore rupees for Khelo India Games, for a period of five years.

Notes:
Russia and India planned to drop all use of the US dollar and the euro in bilateral settlements and conduct all trade transactions in rupee and rouble.
As per the officials, it is necessary to address the imbalance in trade for a full-fledged transition to national currencies.

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:
Former Central Railway General Manager Anil Kumar Lahoti has been appointed as the Chief Executive Officer and Chairman of the Railway Board.
He will be taking over the chairmanship from Vinay Kumar Tripathi on January 1. The Railway board has been transitioning to a new integrated service named Indian Railway Management Service.

Notes:
The Asian Development Bank (ADB) has ranked Indian-PSU company WAPCOS as top amongst consulting services firms in water and other infrastructure sectors.
In another report ‘Fact Sheet – 2022’ released by the ADB, WAPCOS was placed amongst the Top 3 consultants from India involved in consulting services contracts under ADB loan, grant, and technical assistance projects in energy, transport and water, and other urban infrastructure sectors.

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.