Current Affairs Quiz - July 2022

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:
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:
Punjab has become the first state in the country to pass a resolution against the Agnipath recruitment scheme.
The resolution also said that more than one lakh soldiers from Punjab served in the armed forces of the nation. The house also recommended the state government to take up the matter with the Union government in order to roll back the Agnipath scheme immediately.

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:
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:
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:
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:
Iran clinched Asia Title in the Under-15 Asian Wrestling Championship while Kazakhstan was runner-up. India secured 3rd place with 172 Points.
The Indian Under-15 Greco Roman Wrestling Team clinched two gold, two silver and four bronze medals in the Championship being held at Bahrain. Sachin in the 68 kg and Abhay in the 72 kg bagged gold medals in their respective categories.

Notes:
Fields Medal is also described the Nobel Prize in mathematics. Ukrainian mathematician Maryna Viazovska, who works in Switzerland, was named as one of four recipients of the 2022 Fields Medal.
The Fields Medal is awarded by the International Mathematical Union (IMU), an international non-governmental and non-profit scientific organisation to promote international cooperation in mathematics.

Notes:
Scientists have discovered the world’s largest water-lily belonging to the genus Victoria at Kew Gardens in south-west London.
The species has been named Victoria boliviana, in honour of Bolivian partners in the research. The leaves of the newly discovered waterlily species grow up to three metres. The current record for the largest plant of the species is held by La Rinconada Gardens in Bolivia, with leaves of 3.2 metres.