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:
After the Kunming-Montreal Global Biodiversity Framework by 196 parties was agreed at the 15th meeting of the Conference of Parties (COP15) to the UN Convention on Biological Diversity, the final text of the framework has been released.
The framework, released Montreal city in Canada, includes four goals and 23 action-oriented global targets for urgent action to be achieved by 2030. It also has four long-term goals for 2050 related to the 2050 Vision for Biodiversity.

Notes:
Indian female wrestler Antim Panghal has been nominated for the honour of United World Wrestling Rising Star of the Year
In addition to Panghal, the five women across the world who were nominated for the award include Nonoka Ozaki of Japan, Amit Elor of the US, Emma Malmgren of Sweden, and Andreea Ana of Romania.

Notes:
Bollywood actor Shah Rukh Khan featured in an international list of 50 greatest actors of all time, created by Empire Magazine.
Shah Rukh Khan is the only actor from India to be part of the list. The list referred to some of Shah Rukh’s famous roles including Devdas Mukherji from Devdas, Rizwan Khan from My Name Is Khan, Rahul Khanna from Kuch Kuch Hota Hai and Mohan Bhargava from Swades.

Notes:
The Ministry of Health and Family Welfare has approved Bharat Biotech’s intranasal Covid vaccine as a booster dose for those above 18 years of age.
India’s first intranasal Covid vaccine iNCOVACC will be added to the CoWin app, which is a web platform for vaccination registration in the country. At present, only Bharat Biotech’s Covaxin, Serum Institute’s Covishield and Covovax, Russian Sputink V and Biological E Ltd’s Corbevax are listed in the CoWin portal.

Notes:
The International Finance Corporation (IFC) has extended a USD 400-million loan to mortgage major HDFC for financing green affordable housing units.
The loan will help close the urban housing gap and improve access to climate-smart affordable homes by boosting green housing, creating jobs and ensuring long-term business growth.

Notes:
Russia will begin supplying India with the third squadron of the S-400 air defence missile system in January or February of next year.
India has already deployed its first two missile system squadrons to patrol the Ladakh sector, West Bengal’s Chicken’s Neck Corridor and the entire north-eastern region. India and Russia have agreed to a three-year ₹35,000 crore deal to buy five squadrons of S-400 air defence missiles.

Notes:
House January 6 committee recently released the final report on US Capitol riot. The congressional panel investigating the attack on the US Capitol has accused former President Donald Trump of a multi-part conspiracy to overturn his election defeat three months earlier.
Over 18 months, the committee held 10 public hearings and interviewed more than 1,000 witnesses, before releasing the final 845-page report on the attack.

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:
British Indian Army Memorial is set to be built in the Scottish city of Glasgow, to commemorate the sacrifice of millions of Indian soldiers who fought for the British during the two World Wars.
The memorial is visualised as Scotland’s first permanent memorial wall to recognise the service and sacrifice of the British Indian Army. Approximately 1.3 million Indian soldiers served in World War One, and over 74,000 of them lost their lives.