Current Affairs Quiz - December, 2022

Notes:
The National eGovernance Division (NeGD) under the Ministry of Electronics and IT (MeitY) organized an AI Pe Charcha (AI Dialogue).
The panellists discussed the importance and approaches for enabling access to quality datasets for AI. The AI Pe Charcha series has been initiated as a part of Responsible AI for Social Empowerment (RAISE), India’s first global AI summit organized by MeitY in 2020.

Notes:
Pankaj Chaudhary, Minister of State for Finance announced that India’s first set of sovereign green bonds (SGBs) are likely to be issued during January-March 2023.
The proceeds will be deployed in public sector projects that help reduce carbon intensity of the economy. Union Finance Minister Sitharaman had last month approved the sovereign green bonds (SGB) framework.

Notes:
National Stock Exchange of India (NSE) has received in-principle approval from the Securities Exchange Board of India (SEBI) to set up a Social Stock Exchange (SSE) as a separate segment of the NSE.
Union Finance Minister Nirmala Sitharaman, in her Union Budget speech of 2019-20, proposed the creation of a Social Stock Exchange, under the regulatory ambit of SEBI, for listing social enterprises and voluntary organisations.

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:
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:
The Reserve Bank of India (RBI) has mandated banks in the country to renew their locker agreements with existing locker customers by January 1, 2023.
All the existing locker depositors are required to furnish proof of eligibility for a renewed locker arrangement. RBI also advised the banks to install CCTV camera at entry and exit points of strong room and preserve its recording for a period of not less than 180 days.

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:
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:
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:
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.