Current Affairs Quiz - December, 2022

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:
India’s budding badminton player Geto Sora recently won Junior International Badminton Championship title in Malaysia.
This is Sora’s second international badminton title in two months. The 7 year old player from Arunachal Pradesh is one of the youngest to clinch international title. Earlier, he won the multinational BTY-Yonex-Singha Championship, Thailand.

Notes:
Haryana Chief Minister Manohar Lal Khattar mentioned that families with annual incomes up to 1,80,000 are being brought under ‘BPL family category’ and around 29 lakh cards will be made in this regard.
He also announced that the government’s official portal Haryana Shehri Vikas Pradhikaran (HSVP) will begin its Citizen Facilitation Center. The state government will celebrate 2023 as ‘Antyodaya Arogya Varsh, and under the ‘Chirayu Yojana’ 29 lakh families shall be given health insurance.

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:
The National Highways Authority of India (NHAI) has appointed senior bureaucrat Santosh Kumar Yadav as Chairman.
Santosh Kumar Yadav, a 1995-batch IAS officer is currently additional secretary in the Department of School Education and Literacy, Ministry of Education.

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:
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:
The Indian Institute of Sciences (IISc), ARTPARK (AI and Robotics Technology Park) and Google have partnered together for ‘Project Vaani’ Initiative.
The digital project aims to map the language diversity of India by collecting speech sets of about a million people across 773 districts. The project aims to record over 150,000 hours of speech, part of which will be transcribed in local scripts. The goal is to boost development of automatic speech recognition, speech to speech translation and natural language understanding.

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:
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.