Current Affairs Quiz - December, 2022

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:
The International Monetary Fund (IMF) cautioned that India’s fiscal space is at risk, in its Article IV consultation report.
IMF also called for a more ambitious and well-communicated consolidation to ensure medium-term fiscal sustainability. It called for further structural reforms, including addressing the adverse impact of climate change, to secure strong and sustainable growth.

Notes:
As many as 38 people recently died in incidents related to powerful Arctic winter storm. The vast storm extends more than 3,200km from Texas to Quebec.
Over 200 million people across the country were left without power and thousands of flights were cancelled. More than eight million people remained under blizzard warnings. As per the US National Weather Service, its recent depicts one of the greatest extents of winter weather advisories ever.

Notes:
Cricket Australia has named the men’s Test Player of the Year award after Shane Warne. The legendary cricketer Warne passed away earlier this year.
In 2006, Warne won the Test player of the Year award and finished as the second-highest wicket-taker in Tests by the end of his career. Warne clinched 708 wickets from 145 matches.

Notes:
The Government of India and Asian Development Bank (ADB) signed a USD 125 million loan to improve urban services in Tamil Nadu.
Tamil Nadu Urban Flagship Investment Program seeks to develop climate-resilient sewage collection and treatment, and drainage and water supply systems in three cities in the state. This is the third and the last tranche of the USD 500 million multi-tranche financing facility (MFF) for the Program approved by ADB in 2018.

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:
The Health Ministry of Uzbekistan said 18 children, with acute respiratory disease, have died from taking excessive doses of a cough syrup, Doc-1 Max.
It has been manufactured by Marion Biotech a Noida-based Indian firm. The children consumed the cough syrup, which contained ethylene glycol, a substance that ought not to be present in cough syrup. Parliamentary panel in The Gambia earlier found unacceptable levels of diethylene glycol and ethylene glycol in cough syrups made by Haryana-based Maiden Pharma.

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:
Indian Air Force (IAF) successfully test-fired the extended-range version of BrahMos Air-Launched missile.
It was test fired against a ship target from a frontline SU-30MKI aircraft. The maiden test of the extended range of the Brahmos Air Launched missile was conducted on May 12. BrahMos missiles are designed, developed and produced by BrahMos Aerospace, a joint venture company set up by India’s DRDO and Russia’s Mashinostroyenia.

Notes:
The Indian Institute of Technology, Madras’ (IIT-M) BS in Data Science and Applications has won a silver prize in the ‘Best Online Program’ category in the Wharton-QS Reimagine Education Awards.
It is also referred to as ‘the Oscars of Education.’ NPTEL (National Programme on Technology Enhanced Learning), a joint initiative of IITs and IISc, won the Gold in the ‘Lifelong Learning category.’ NPTEL is led by IIT Madras and is funded by the Ministry of Education.