Current Affairs Quiz - January, 2023

Notes:
Markets regulator SEBI has asked stock exchanges to set up an Investor Risk Reduction Access (IRRA) platform
The platform will give investors an opportunity to square off their position or cancel pending orders in case of disruption of trading services. There is a rise in instances of glitches in systems of trading members, some of which lead to disruption of trading services.

Notes:
Tata Motors said the acquisition of Ford India’s manufacturing plant at Sanand through its subsidiary will be completed by January 2023.
Tata Passenger Electric Mobility Limited (TPEML) announced that would acquire Ford India’s Sanand plant in Gujarat for around ₹725 crore. The acquisition included the entire land and buildings, vehicle manufacturing plant along with machinery and equipment and transfer of all eligible employees of FIPL’s vehicle manufacturing operations at Sanand.

Notes:
Ace Football player Cristiano Ronaldo has joined Saudi Arabian club Al Nassr on a two-and-a-half-year contract.
He left the Manchester United last month. Ronaldo will arrive in Saudi Arabia after a spell at Spanish giants Real Madrid from 2009-18 where he won two La Liga titles, two Spanish Cups, four Champions League titles and three Club World Cups.

Notes:
Fiscal Deficit is the difference between the total revenue and total expenditures of a country in a year.
The Fiscal Deficit at the end of November touched 59 per cent of the full year budget estimate. According to data released by the Controller General of Accounts (CGA), the fiscal deficit was ₹978,154 crore in the April-November period 2022-23.

Notes:
Satyendra Nath Bose was a Mathematician and physicist from India. He was born on January 1, 1894, in Calcutta, India. The Government of India honoured him with the title Padma Vibhushan in 1954.
Bose became a Fellow of the Royal Society and was nominated as a member of the Rajya Sabha in 1958. Bose was also appointed as the National Professor, which was the highest honour in India for any scholar.

Notes:
Ahead of the ICC Men’s World Cup that takes place in India in October, the Board of Control for Cricket in India has instructed that Yo-Yo and Dexa Tests will be a part of the team selection criteria.
Dexa test or DXA test is Dual Energy X-ray Absorptiometry, which measures bone density using low dose X-rays. The Yo-Yo test is an aerobic endurance fitness test, involving running between markers at increasing speeds.

Notes:
Croatia switched to the euro and entered Europe’s borderless zone as Prime Minister Andrej Plenkovic called a historic moment for his country.
The Balkan nation bid farewell to its kuna currency and became the 20th member of the Eurozone. It is now the 27th nation in the passport-free Schengen zone. It is the world’s largest zone which enables more than 400 million people to move freely around its members. The country of 3.9 million people joined the European Union in 2013.

Notes:
A Constitution Bench of the Supreme Court has upheld by a 4-1 majority the Centre’s 2016 decision to withdraw from circulation currency notes of Rs 500 and Rs 1,000 denominations.
The majority, comprising Justices S Abdul Nazeer, B R Gavai, A S Bopanna, V Ramasubramanian, held that the Centre’s notification was valid and satisfied the test of proportionality. Justice BV Nagarathna in her dissenting view held that though demonetisation was well-intentioned and well thought of, it has to be declared unlawful on legal grounds.

Notes:
Indian Government signed USD 1.2 billion loan agreements for infrastructure projects with Asian Development Bank.
A loan agreement was signed worth USD 350 million to improve connectivity in Maharashtra, and a loan agreement worth USD 300 million to upgrade highways and major roads in Assam. Other agreements are to improve power sector in Tripura and metro rail system in Chennai, Tamil Nadu.

Notes:
The Prime Minister Narendra Modi addressed the first All India Annual State Ministers’ Conference on Water
The theme of the conference is ‘Water Vision @ 2047’ and the objective of is to bring together key policymakers for discussions on ways to harness water resources for sustainable development and human development.