Current Affairs Quiz - July 2022

Notes:
Tata Motors and Japanese chipmaker Renesas Electronics Corp have formed a strategic partnership to design, develop and manufacture semiconductor solutions.
Renesas will also work with Tejas Networks, another Tata Group firm, on wireless network technologies, including 5G, as part of the partnership. The primary market for the products will be India, with plans to expand to global markets.

Notes:
GST Day is celebrated on July 1 to mark completion of five years of Goods & Services Tax. It was introduced in 2017, with the idea of “One Nation- One Market- One Tax”.
GST is a multi-stage, indirect consumption-based tax system that subsumed a set of domestic indirect taxes such as service tax, value-added tax, purchase tax, excise duty among others.

Notes:
Four Indian cities namely Bengaluru, Delhi, Hyderabad and Mumbai appeared in the list of top 20 sustainable cities, as per the Asia Pacific Sustainability Index 2021.
Knight Frank’s APAC Sustainably Led Cities Index rated 36 cities based on urbanisation pressure, climate risk, carbon emissions and government initiatives. Singapore, Sydney, Wellington, Perth, and Melbourne were the top five green-rated cities. Bengaluru at 14th rank in the region, was the only Indian city to achieve the ‘Gold’ standard category.

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:
India has been celebrating 29th June as “Statistics Day”. This year, the theme was ‘Data for Sustainable Development’.
The Ministry released ‘Sustainable Development Goals-National Indicator Framework (NIF) Progress Report, 2022’. Along with the report, the updated NIF 2022 and Data Snapshot on SDGs NIF Report 2022 and “Youth in India 2022” publication were also released. Prof. P.C. Mahalanobis National Award in Official Statistics, 2022 was also awarded.

Notes:
IRDAI and National Health Authority (NHA) are set to develop a National Health Claims Exchange as a digital platform to settle health claims.
Based on a presentation from NHA, Chairman of IRDAI Debasish Panda, has proposed to create a working group with representation from the industry. It will decide how to make the largest segment of general insurance in India attract more people to buy health insurance.

Notes:
Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry has released ‘Start-ups Ranking 2021’.
The ranking focuses on seven reform areas. Gujarat, Karnataka and Meghalaya were categorised as best performers while Bihar, Andhra Pradesh, Mizoram and Ladakh have an emerging start-up ecosystem. Kerala, Maharashtra, Odisha, Telangana and Jammu and Kashmir were ranked as the top performers section.

Notes:
Railway Protection Force launched a month long pan India drive against smuggling of narcotics through rail, under code name Operation “NARCOS”.
In the month of June 2022, RPF has recovered various narcotics products worth Rs 7.40 Crores, and arrested 165 persons who were carrying Narcotic Drugs and Psychotropic Substances (NDPS). RPF has been empowered to conduct search, seizure and arrest under NDPS Act since April 2019.

Notes:
The Indian Institute of Technology (IIT), Bombay has planned to introduce a mandatory course on caste awareness.
As per the surveys conducted by the SC/ST Cell of the institution, it was proposed to provide more sensitisation events and a mandatory academic course on caste and racial discrimination. Earlier, a mandatory gender sensitisation course was launched last year.

Notes:
The privatisation of Neelachal Ispat Nigam Ltd (NINL) was completed as it has been handed over to Tata Steel Long Products (TSLP).
NINL is the second successful privatisation by the government, after Air India which was also bought by Tata Group. NINL, which is a joint venture of 4 CPSEs named MMTC, NMDC, BHEL, MECON and 2 Odisha government PSUs- OMC and IPICOL.