Current Affairs Quiz - January 2022

Notes:
The Ratings agency ICRA has maintained its forecast of a 9.0% GDP expansion for India in FY2022. It maintained that a K-shaped divergence will be seen amongst the formal and informal sectors of the economy.
The ratings agency also expects the economy to maintain a similar 9.0% growth in the next fiscal year FY2023.

Notes:
Portuguese football legend Cristiano Ronaldo’s statue has been unveiled in Panaji, Goa to motivate the younger generation towards sports.
This is the first time that the statue of Cristiano Ronaldo has been installed in India. The statue, which weighs around 410 kgs cost around Rs 12 Lakhs.

Notes:
The Armed Forces Special Powers Act, 1958 or AFSPA legislation, has been extended in Nagaland for another six months.
The North-eastern state has been seeking to withdraw it after the alleged security operation near Oting Village in Nagaland that left 14 civilians and one jawan dead in December 2021. The law was first introduced by the British to suppress the Quit India movement in 1942.

Notes:
Ace Tennis Player Novak Djokovic from Serbia was named the Best Balkan Athlete of the year for a record seventh time.
The 34-year-old player is ranked No. 1 in the world and won three of the four Grand Slam tournaments this year. Greek basketball player Giannis Antetokounmpo was second in the poll, followed by another Greek long jumper Miltiadis Tentoglu.

Notes:
Insurance regulator IRDAI has announced that the state-owned LIC, General Insurance Corporation and New India Assurance have been identified as Domestic Systemically Important Insurers (D-SIIs) for 2021-22.
D-SIIs are perceived as insurers that are too big or too important to fail’ (TBTF). Due to their size, market importance and domestic and global inter connectedness, their failure would cause a massive impact in domestic financial system.

Notes:
State Bank of India (SBI) is the only authorised institution to sell Electoral bonds in India. An electoral bond will be valid for 15 days from the date of issue.

As the elections are due in Uttar Pradesh, Uttarakhand, Punjab, Himachal Pradesh and Goa, SBI has been authorised for sale of electoral bonds from January 1 to January 10, 2022 across 29 specified branches.

Notes:
Veteran photographer Sabine Weiss, renowned for her images on the streets of Paris, passed away at the age of 97.
She was the last surviving member of France’s humanist photography school. The photographer moved to Paris after World War Two. She was also regarded as pioneer of Street photography, in which she captured the condition of ordinary people in Paris.

Notes:
The National Commission for Women (NCW) has received a total of 31,000 complaints of crimes committed against women in the year 2021, which is the highest in number since 2014. There is an increase in complaints by 30% in the year 2021 in comparison to 2020.
Among the total complaints, more than half of them have been received from Uttar Pradesh state which has the highest number of complaints, followed by Delhi.

Notes:
The Appointments Committee of Union Cabinet has approved the appointment of  Vinay Kumar Tripathi as the Chairman and Chief Executive Officer of Railway Board.
Presently, he is serving as the General Manager, North Eastern Railway. He is an 1983 batch Indian Railway Service of Electrical Engineers (IRSEE).

Notes:
Researchers have discovered two new species of very rare flower flies from north-eastern India and the Western Ghats.
The newly described species named Monoceromyia flavoscutata and M. nigra, belong to the Syrphidae family. The members of this genus are extremely rare as there are only 12 species reported from India earlier, with this discovery in India after 80 years.