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:
Tata Motors and Japanese chipmaker Renesas Electronics Corp have formed a strategic partnership to design, develop and manufacture semiconductor solutions.
Renesas will also work with Tejas Networks, another Tata Group firm, on wireless network technologies, including 5G, as part of the partnership. The primary market for the products will be India, with plans to expand to global markets.

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:
The Union government extended the tenure of Attorney General KK Venugopal by three months, as per the notification issued by the Union Law Ministry.
Venugopal, 91, was initially appointed as Attorney General on July 1, 2017, as the 15th person to serve as Attorney General for India. Mukul Rohatgi was the Attorney General from June 2014 to June 2017.

 

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:
Railway Protection Force launched a month long pan India drive against smuggling of narcotics through rail, under code name Operation “NARCOS”.
In the month of June 2022, RPF has recovered various narcotics products worth Rs 7.40 Crores, and arrested 165 persons who were carrying Narcotic Drugs and Psychotropic Substances (NDPS). RPF has been empowered to conduct search, seizure and arrest under NDPS Act since April 2019.

Notes:
Tamil Nadu and the Singapore-based IGSS Ventures signed a MoU, for establishing a 300-acre semiconductor high-tech park and a semiconductor fab unit in the State.
The company will invest Rs 25,600 crore in the project in the next five years, generating direct employment for 1,500 people. The MoU was signed with ‘Guidance’, the State’s nodal agency for investment promotion and single-window facilitation.

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:
The Reserve Bank has launched the next round of its order books, inventories and capacity utilisation survey (OBICUS) of manufacturing companies.
The results of the survey provide valuable inputs for monetary policy formulation. The 58th round of the OBICUS is for April – June 2022 period. The information collected in the survey includes data on new orders received during the reference quarter, backlog of orders, pending and total inventories among others.

Notes:
The Youth World champions Alfiya Pathan and Gitika won gold medals in the Elorda Cup in Kazakhstan’s capital Nur-Sultan.
India’s other two female boxers Kalaivani Srinivasan and Jamuna Boro finished with silver medals. It was also the debut senior international event for both the young players, Alfiya and Gitika.