Current Affairs Quiz - July 2022

Notes:
The government allowed firms like ONGC and Vedanta to sell locally produced crude oil to any Indian refinery for turning it into fuel, such as petrol and diesel.
The deregulation of locally produced oil is one of the last few areas that were still under its control. The government was fixing buyers for crude produced from older fields. From October 1, the companies will have the freedom to sell crude oil in the domestic market.

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:
NITI Aayog and World Food Programme (WFP) have launched a report titled ‘Take Home Ration-Good Practices across the State/Union Territories’.
The report presents a set of good and innovative practices adopted in the implementation of the Take Home Ration (THR) value chain by the States and UTs. Take Home Ration has been provided in Indian under the Supplementary Nutrition component of the Integrated Child Development Services (ICDS).

 

Notes:
The Reserve Bank of India (RBI) released the report titled ‘Benchmarking India’s Payment Systems’. It provides a position of the payments ecosystem in India relative to other major countries.
As per the report, India has made significant progress and moved to a leadership position in large-value digital payment systems. But India is still weak in certain parameters relating to ATMs and card payments.

Notes:
The UN Ocean Conference 2022 concluded with the unanimous adoption of the Lisbon Declaration “Our Ocean, our future, our responsibility.”
More than 150 countries agreed to scale up science-based and innovative actions to address the ocean emergency. The Lisbon Declaration takes into account the capacity challenges being faced by the developing countries, mainly the Small Island Developing States and Least Developing Countries.

Notes:
Rahul Narwekar, a first-time MLA, was elected as the Speaker of the Maharashtra Legislative Assembly defeating Shiv Sena candidate Rajan Salvi.
The 45-year old leader is the youngest speaker of India, as of now. Earlier Eknath Shinde took over as the new Chief Minister while Devendra Fadnavis took oath as the deputy chief minister of Maharashtra.

Notes:
Australia has committed USD5.8 million to the three-year India-Australia Critical Minerals Investment Partnership.
Union Minister for coal and mines Pralhad Joshi, who is on a visit to Australia, said that India and Australia will explore investment opportunities in lithium and cobalt mineral assets.

Notes:
Union Science and Technology Minister Dr. Jitendra Singh announced setting up of Dr. Rajendra Prasad Memorial Award in public administration in the field of academic excellence.
He announced the award in memory of the first President of India, while he chaired the meeting of Executive Council of Indian Institute of Public Administration (IIPA) in New Delhi.

Notes:
Students in East Sikkim have reported skin infections after coming in contact with Nairobi flies, also called Kenyan flies or dragon bugs.
It is a species of insect native to East Africa. They are small, beetle-like insects that belong to two species, Paederus eximius and Paederus sabaeus. They are orange and black in colour and when disturbed they release a potent acidic substance called ‘pederin’ that causes burns.

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.