Current Affairs Quiz - July 2022

Notes:
The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi approved computerisation of Primary Agricultural Credit Societies (PACS) with a budgetary outlay of ₹2,516 crore.
The objective is to increase efficiency of PACS, bring transparency and accountability in their operations This project proposes computerization of about 63,000 functional PACS over a period of 5 years with Government of India share of ₹1,528 crore. State Cooperative Banks and District Central Cooperative Banks were already automated by NABARD and brought on Common Banking Software.

Notes:
The DRDO and the Indian Army successfully tested indigenously-developed anti-tank guided missile at KK range in Ahmednagar, Maharashtra.
The anti-tank guided missile (ATGM) was successfully test fired from Arjun battle tank. With the trial, the capability of ATGM to engage targets from minimum to maximum range has been established.

Notes:
The World Bank approved two complementary loans of USD 500 million each to support India’s health sector.
Through this financing of USD 1 billion, the Bank will support India’s flagship Pradhan Mantri-Ayushman Bharat Health Infrastructure Mission (PM-ABHIM). One of the loans will prioritize seven states including Andhra Pradesh, Kerala, Meghalaya, Odisha, Punjab, Tamil Nadu, and Uttar Pradesh.

Notes:
The Union Cabinet approved the categorization of Coalition for Disaster Resilient Infrastructure (CDRI) as an ‘International Organization’.
The cabinet also approved signing of the Headquarters Agreement (HQA) with CDRI, for grant of exemptions and privileges under Section-3 of the United Nations (Privileges & Immunities) Act, 1947.

 

Notes:
The Goods and Services Tax (GST) revenue in June rose to ₹144,616 crore, the second-highest since the inception of GST five years ago.
The new high collection is on the back of rapid economic recovery and stricter compliance, as per the Union Finance Ministry said. In April, the collection was the highest ever at ₹1,67,540 crore. This is the fifth time the monthly GST collection crossed the ₹1.40 lakh crore mark and fourth month at a stretch since March 2022.

Notes:
Every year on the third Saturday of September, the world celebrates ‘International Coastal Clean-Up Day.’
On September 17, 2022, the Government of India, in collaboration with other voluntary organizations and the local community, is set to launch the “Swachh Sagar, Surakshit Sagar” cleanliness campaign along India’s entire coastline.

Notes:
The Reserve Bank has launched the next round of its order books, inventories and capacity utilisation survey (OBICUS) of manufacturing companies.
The results of the survey provide valuable inputs for monetary policy formulation. The 58th round of the OBICUS is for April – June 2022 period. The information collected in the survey includes data on new orders received during the reference quarter, backlog of orders, pending and total inventories among others.

Notes:
The Central Consumer Protection Authority (CCPA) has barred hotels and restaurants from adding service charge ‘automatically or by default’ in the food bill.
The consumer may lodge a complaint on the National Consumer Helpline (NCH) 1915 or through the NCH mobile application, as per the Union Ministry of Consumer Affairs, Food and Public Distribution

Notes:
Tata Group’s Air India (AI) has signed an agreement with Amadeus IT Group SA, a travel technology. This is a part of the carrier’s revitalisation plan and the agreement aims to deploy technology solutions to enhance customer experience and operational effectiveness.
Air India is implementing the Amadeus Altéa PSS suite, including components from revenue management, revenue accounting, retailing, and merchandising, website, mobile and frequent flyer programme management.

Notes:
Indian Bank has signed a pact with the Government of Haryana towards distribution of mobile phones to consumers through e-Unified Payment Interface (UPI) system.
Under the agreement, the bank would provide e-upi coupons to beneficiaries. The coupons can be redeemed without any credit or debit card and the customers can avail a mobile phone from a designated vendor.