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 Group of 7 (G7) leaders from Canada, France, Germany, Italy, Japan, the UK, and the US have concluded a two-day summit.
They also announced goals of an open and cooperative international Climate Club towards establishing it by the end of 2022. The G7 leaders also condemned “Russia’s illegal and unjustifiable war of aggression against Ukraine”.

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:
International Day of Cooperatives is celebrated on the first Saturday of July every year. The day was designated by the United Nations.
International Day of Cooperatives was observed around the world on July 2 this year. This year will mark the 100th International Day of Cooperatives, also known as Coops Day. This year’s theme for International Day of Cooperatives is – “Cooperatives Build a Better World.”

Notes:
Tokyo champion Viktor Axelsen and Thailand’s Ratchanok Intanon won the singles title at the 2022 Malaysia Open.
Intanon beat Olympic badminton gold medallist Chen Yufei to win the women’s singles crown while Axelsen beat second seed Momota Kento of Japan to win the men’s title in Malaysia.

Notes:
Every year on July 2, the World Unidentified flying objects (UFO) Day is celebrated. It aims to create awareness to gather together and watch the skies for UFOs.
July 2 is marked after the ‘Roswell incident in 1947’ of the United States Army Air Forces, which was a supposed UFO crash. The day also encouraged governments to declassify their files on UFO sightings.

Notes:
The Central Board of Secondary Education (CBSE) has launched a new portal named Pariksha Sangam.
The portal will act as a one-stop destination for all exam-related activities, which will include term results and more. It has 3 parts – Schools (Ganga), Regional Offices (Yamuna) and Head Office (Saraswati).

Notes:
India and Armenia signed an MoU on High Impact Community Development Projects in Armenia with financial & technical assistance from India.
Both countries reviewed the current state of cooperation in various fields such as trade, investments, health, tourism, infrastructure, culture, information technology, agriculture, fin-tech, and education

Notes:
After a chunk of Italy’s Marmolada glacier broke off recently, at least seven people are dead and more are still missing.
As per the experts, this is the direct result of human-caused climate change. The disaster took place just one day after officials recorded a record-high temperature of 10 degrees Celsius at the summit of the glacier in the Dolomite Mountains.

Notes:
The 2022 Global biodiversity conclave is organised in Bonn, Germany. Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES) announced that Assessment on the Sustainable Use of Wild Species will be released.
Sustainable use of wild species keeping in mind the well-being of communities that depend on them for livelihood will be the focus of the report to be released.