Current Affairs Quiz - July 2022

Notes:
Leaders of the powerful G7 grouping and its five partner countries, including India issued a joint statement titled ‘2022 Resilient Democracies Statement’.
The leaders affirmed that they are committed to open public debate and the free flow of information online and offline while guarding the freedom, independence and diversity of civil society actors.

Notes:
The UK government announced 75 fully-funded scholarships for Indian students to study in the UK, beginning September 2022, in honour of India’s 75th anniversary of Independence.
The scholarships are being offered in association with top Indian companies. There are about 18 scholarships for women in STEM fields offered by the British Council in India. The UK government has sponsored the Chevening international honours programme since 1983, in which India is the largest participant.

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:
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.

Notes:
Tanuja Nesari, Director of All India Institute of Ayurveda (AIIA) was awarded with the Ayurveda Ratna Award by the UK Parliament.
The UK’s All-Party Parliamentary Group on Indian Traditional Sciences (ITSappg) conferred the award recognising her contribution to prmoting the growth of Ayurveda in India and abroad.

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:
NTPC signed a Memorandum of understanding (MOU) with the Government of Rajasthan to develop 10 GW Ultra Mega Renewable Energy Power Park in Rajasthan.
It aims to achieve the target of 60 GW of renewable energy capacity by 2032. NTPC REL is also developing one UMREPP of 4.75 GW capacity in Rann of Kutch, Gujarat.

Notes:
Prime Minister Narendra Modi inaugurated the Digital India Week 2022 in Gandhinagar in Gujarat. The theme for Digital India Week is Catalyzing New India’s Techade.
The Prime Minister also launched ‘Digital India Bhashini’ to enable easy access to the internet and digital services in Indian languages. ‘Digital India GENESIS’ – a National Deep-tech Startup Platform, to support successful start-ups in Tier-II and Tier-III cities with a total outlay of 750 crore rupees was also launched. A global repository of key projects implemented under India Stack ‘Indiastack.global’ was launched.

Notes:
Weaver ants, whose scientific name is Oecophylla smaragdina, are present in Mayurbhanj district, Odisha.
The people of the district especially the tribals, make a food item with the ants called the Kai Chutney. Scientists from Odisha are in the process of presentation for the geographical indications (GI) registry of Kai Chutney.