Current Affairs Quiz - January 2022

Notes:
‘VRR Auction’ stands for Variable rate repo auction. Repo is the rate at which RBI lends short term loans to Banks. A part of it is done at a fixed rate and some of it is a variable rate.
The Reserve Bank of India said it will conduct an overnight variable rate repo auction under liquidity adjustment facility (LAF) for an amount of Rs 75,000 crore. On January 20, the RBI conducted an overnight variable rate repo (VRR) auction of Rs 50,000 crore.

Notes:
The National Voters’ Day is celebrated every year on January 25 to encourage the country’s voters to participate in the electoral process.
The theme for this year’s National Voters’ Day (12th edition) is ‘Making Elections Inclusive, Accessible and Participative’. New voters completing 18 years  would be enrolled and be given the Electoral Photo Identity Card (EPIC) on January 25 every year.

Notes:
Himachal Pradesh is the northernmost state of India and shares borders with the union territories of Jammu and Kashmir and Ladakh to the north.
The state is celebrating its 52nd full statehood day on 25 January, as it was formed as the 18^th Indian state on the same day in 1971, with Dr. Yashwant Singh Parmar as its first Chief Minister. In 1950, Himachal became a Part ‘C’ state then became a union territory in 1956.

Notes:
India has paid USD 29.9 million in United Nations regular budget assessments for the year 2022. India is a non-permanent member of the 15-nation Security Council and its two-year term will end on December 31, 2022.
As of January 21, 2022, 24 Member States have paid their regular budget assessments in full. Iran, Guinea and Vanuatu paid sufficient dues to the UN regular budget to regain their voting rights. Only Venezuela and Papua New Guinea don’t have the right to vote in the 193 member body.

Notes:
After massive protests, the Serbia government has cancelled the licenses for lithium mining to Rio Tinto, a multi-national mining organisation.
The Jadar is a river in western Serbia, 75 km long tributary of the Drina river. Serbians staged protests against Rio Tinto’s plans to mine lithium in the Jadar valley near Lozinca town in the country.

Notes:
In new research, a team of scientists at Tufts University demonstrated long-term regrowth of limbs in an African clawed frog (Xenopus laevis).
They achieved this restoration of an amputated hindlimb after a 24-hour exposure to a five-drug cocktail delivered by a silicone wearable bioreactor. The researchers are exploring ways to extend this to human beings

Notes:
Objects that turn on and off in the Universe are called as transients. Slow transients like supernovae appear over few days and disappear after a few months. Fast transients like neutron star (pulsar) flash on and off within milliseconds or seconds.
Recently, Astronomers using the Murchison Widefield Array (MWA) telescope have discovered a spinning object that pulses every 18.18 minutes. They suggest that it could be an ‘Ultra-long-period magnetar’. It is located at just an ultra-long-period magnetar from the Earth.

Notes:
Union Agriculture Minister Narendra Singh Tomar announced that 150 villages around the Centers of Excellence will be converted into Villages of Excellence with technical assistance from Israel.
75 villages are being taken up in the first year to commemorate the 75th year of India’s independence. Both countries commemorated the completion of 30 years of diplomatic relations between India and Israel.

Notes:
The Government has appointed V Anantha Nageswaran as its Chief Economic Advisor (CEA). He was Dean of IFMR Graduate School of Business.
He was also a part-time member of the Economic Advisory Council to the Prime Minister from 2019 to 2021.The upcoming Survey has been drafted by a team led by Principal Economic Advisor Sanjeev Sanyal.

Notes:
The Delhi cabinet approved ex-gratia relief of Rs 20,000 per acre to farmers whose lands were damaged by rains last year.
In September-October 2021, several acres of farmland were damaged due to heavy rain and water-logging in fields. If the damage is found to be 70% or less, the compensation will be 70% of the amount. If the assessed loss is more than 70%, Rs 20,000 per acre will be paid.