Current Affairs Quiz - July 2022

Notes:
The Goods and Services Tax (GST) Council has Union Finance Minister as chairperson, the Union Minister of State (Finance) from the Centre. Each state can nominate a minister in-charge as a member.
The two-day meeting of the 47th Goods and Services Tax (GST) Council was recently held in Chandigarh. The Council agreed to levy 18 per cent tax on cheques, lose or in book form. Hotel accommodations below Rs 1,000 will be taxed at 12 per cent among other changes.

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 government has approved the issuance of 21st phase of sale of electoral bonds through authorised SBI branches from July 1.
State Bank of India (SBI) is the only authorised institution to issue and encash Electoral Bonds through its 29 Authorized Branches. The Electoral bonds are interest-free bearer instruments, which can be encashed by the party through a Bank account within 15 days.

Notes:
Defence Research and Development Organisation (DRDO) carried out the maiden flight test of the ‘autonomous flying wing technology demonstrator’ in Karnataka.
The test, carried out from the Aeronautical Test Range in Chitradurga, Karnataka is being seen as an important milestone towards developing unmanned aircraft technology in India.

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 Mercer’s 2022 cost of living city ranking was recently released with the list of the most expensive cities for international employees.
Mumbai is the most expensive city in India for foreign employees, at rank 127 globally. It is followed by New Delhi at rank 155. Pune and Kolkata are the least expensive Indian cities in the ranking at 201 and 203 respectively.

Notes:
Prime Minister Narendra Modi virtually inaugurated Bosch India’s first smart campus in the city of Bengaluru built at a cost of Rs 800 crore.
This campus will be used in developing futuristic products and solutions for India and for the world. The inauguration of the Spark.NXT Campus of Bosch India coincided with the 75^th anniversary of Indian independence.

Notes:
The International Day of Parliamentarism is observed every year on 30 June, to recognise the importance of parliamentary systems of government in shaping modern societies.
This year, the Inter-Parliamentary Union (IPU) and its members will observe the day under the theme of ‘Public engagement’ as the ‘Global Parliamentary Report on Public engagement in the work of parliament’ was recently released.

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:
Himachal Pradesh Chief Minister Jai Ram Thakur launched the ‘Naari Ko Naman’ scheme. It aims to 50 per cent concession on bus fares to women for travel within the state.
The state government also announced to sanction 25 new posts of women drivers in the ‘Ride With Pride’ government taxi service – an initiative to ferry women passengers and senior citizens.