Current Affairs Quiz - July 2022

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:
Food Safety and Standards Authority of India (FSSAI) has unveiled regulations by defining what constitutes vegan foods.
‘Food Safety and Standards (Vegan Foods) Regulations, 2022’ listed out various specifications to be followed for manufacture, sale and import of such food items. The new regulations were released after considering objections and suggestions from the public

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:
T Raja Kumar of Singapore has been appointed as the president of Financial Action Task Force (FATF), the anti-money laundering watchdog.
He has replaced Marcus Pleyer and will discharge his service for next two years. As per FATF, the President will focus on enhancing the effectiveness of global anti-money laundering  and counter-terrorist financing measures, improving asset recovery and other initiatives.

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:
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:
Open Network for Digital Commerce (ONDC) is a Government of India initiative that aims to build an open network for buyers and sellers to democratise the current e-commerce ecosystem in the country.
It has launched a ‘Grand Hackathon’ in collaboration with NABARD. The event is divided into two categories: Agri Grant Challenge and Agri Innovation Hackathon, to showcase the innovations to aid the adoption of e-commerce in the agricultural sector.

Notes:
The Delhi government introduced new assessment guidelines for school students. Under the new criteria, students will now be assessed for the impact of mindset curricula in their behaviour, along with other scholastic subjects.
It includes Happiness and Deshbhakti curricula for classes 3-8, while students of Class 9 and Class 11 will be assessed for Deshbhakti and Entrepreneurship Mindset Curricula.

Notes:
Prime Minister Narendra Modi unveiled a 30-ft bronze statue of legendary freedom fighter Alluri Sitarama Raju on his 125th birth anniversary.
The 15-tonne statue was carved out at a cost of Rs 3 crore and installed by the Kshatriya Seva Samiti in Bhimavaram, Andhra Pradesh. The leader was known for the ‘Rampa Rebellion’ or ‘Manyam Uprising’, in the Rampachodavaram forest area, which was undertaken against the mighty British forces.

Notes:
The Central Board of Secondary Education (CBSE) has launched a new portal named Pariksha Sangam.
The portal will act as a one-stop destination for all exam-related activities, which will include term results and more. It has 3 parts – Schools (Ganga), Regional Offices (Yamuna) and Head Office (Saraswati).