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:
The United Nations Human Settlements Programme (UN Habitat) is the United Nations programme for human settlements and sustainable urban development. It was established in 1978 with its headquarters at Nairobi, Kenya.
It has recently released a report World Cities Report 2022, to coincide with the Eleventh Session of the World Urban Forum held at Poland. The report says urban areas are responsible for 70 per cent of greenhouse gas emissions.

 

Notes:
The Advertising Standards Council of India (ASCI) is the voluntary self-regulatory body in advertising sector in India.
As per the annual complaints report, Education, healthcare and personal care are the most violative categories of advertisements. It processed 7,631 complaints at an increase of 25 per cent from last year.

Notes:
Every year on the third Saturday of September, the world celebrates ‘International Coastal Clean-Up Day.’
On September 17, 2022, the Government of India, in collaboration with other voluntary organizations and the local community, is set to launch the “Swachh Sagar, Surakshit Sagar” cleanliness campaign along India’s entire coastline.

Notes:
Domestic rating agency Crisil lowered its real GDP growth forecast for India to 7.3 per cent in FY23 from 7.8 per cent estimated earlier.
It cited the reasons for downward revision to be higher oil prices, slowing of export demand and high inflation. This forecast is in line with the RBI’s estimate of 7.2 real GDP growth for this fiscal year.

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:
Uganda has recently announced the discovery of 31 million metric tonnes of gold deposits in the country.
To boost the country’s economy, the Ugandan Government has licensed Wagagai Gold Mining Company, a Chinese firm to start producing gold products.

Notes:
As per the five-year agreement by New Zealand Cricket and the players’ association, male and female cricketers in New Zealand will earn equal pay.
According to the agreement, women players will be paid the same match fees as men in all forms and events at both the domestic and international levels.

Notes:
The Padma Multipurpose Bridge, the longest bridge in Bangladesh, was inaugurated by Prime Minister Sheikh Hasina in June 2022.
The 6.15-km-long Padma Multipurpose Bridge, constructed at a cost of nearly USD 3.87 billion is one of the largest projects Bangladesh has ever undertaken. After World Bank withdrew from funding the project, Bangladesh opted for self-funding.

Notes:
Organization of the Petroleum Exporting Countries (OPEC) Secretary General, Mohammad Barkindo, has passed away at the age of 63.
Nigeria’s Barkindo headed the Organization since 2016 and was scheduled to be replaced by Kuwait’s Haitham Al-Ghais next month. Under his leadership, the cartel tied up with 10 other oil-producing countries, such as Russia, to form a wider group known as OPEC+.