Current Affairs Quiz - July 2022

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 PSLV Orbital Experimental Module is a platform which is used to perform in-orbit experiments using the final stage of ISRO’s Polar Satellite Launch Vehicle (PSLV).
In the PSLV rocket, first three stages fall back into the ocean and the final stage (PS4) ends up as space junk, after launching the satellite into orbit.  POEM has a Navigation Guidance and Control (NGC) system for attitude stabilisation.

Notes:
India’s largest floating Solar Power Project is made fully operational at Ramagundam, Telangana. NTPC declared Commercial Operation of the final part capacity out of 100 MW Ramagundam Floating Solar PV Project at Ramagundam, Telangana
With the operationalisation the project, the total commercial operation of Floating Solar Capacity in Southern Region rose to 217 MW. Earlier, NTPC declared operation of Floating Solar at Kayamkulam (Kerala) and at Simhadri (Andhra Pradesh).

Notes:
Reserve Bank of India (RBI) recently released its financial stability report for June 2022. It is a half-yearly publication.
As per the recent report, Gross non-performing asset (NPA) ratio of banks fell to six-year low of 5.9% in March 2022 while the net non-performing assets (NNPA) ratio fell to 1.7% in March 2022. Capital to Risk Weighted Assets Ratio (CRAR) and Common Equity Tier 1 (CET-1) Ratio of SCBs were 16.7% and 13.6%, respectively, in March 2022.

Notes:
The government has decided to set up the Financial Services Institution Bureau (FSIB) to replace the Banks Board Bureau (BBB).
The BBB was entrusted with the task of selecting candidates for appointments to the senior management-level posts. Delhi High Court last year ruled that BBB couldn’t select the General Managers and directors of state-run general insurers. Former BBB chairman Sharma is set to head the new body.

Notes:
Ministry of Skill Development and Entrepreneurship (MSDE) announced that the National Apprenticeship Promotion Scheme (NAPS) will be included in the Direct Beneficiary Transfer (DBT) scheme.
The new facility will provide direct government benefits to all apprentices. Earlier, companies would pay apprentices the full amount and then seek reimbursement from the government. In 2016, the National Apprenticeship Promotion Scheme (NAPS) was launched to promote apprenticeship training in the country and to provide financial support to establishments pursuing apprenticeships.

Notes:
Tokyo champion Viktor Axelsen and Thailand’s Ratchanok Intanon won the singles title at the 2022 Malaysia Open.
Intanon beat Olympic badminton gold medallist Chen Yufei to win the women’s singles crown while Axelsen beat second seed Momota Kento of Japan to win the men’s title in Malaysia.

Notes:
Indian Government’s think tank NITI Aayog released compendium of Ayush practices to manage COVID-19.
The compendium provides information focused on practices adopted by various states and UTs of India for strengthening the country’s fight against COVID-19.

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:
Uttar Pradesh Chief Minister Yogi Adityanath said the Centre has approved a mega cluster of mangoes in Lucknow and ₹100 crore will be spent on it in the next five years.
He also said that the Mangoes in this cluster will be known as ‘Kakori brand’. The Chief Minister announced this during the inauguration of ‘Uttar Pradesh Mango Mahotsav-2022’.released the Lucknow Mango Festival Souvenir-2022 and honoured progressive farmers of the state.