Current Affairs Quiz - July 2022

Notes:
The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi approved computerisation of Primary Agricultural Credit Societies (PACS) with a budgetary outlay of ₹2,516 crore.
The objective is to increase efficiency of PACS, bring transparency and accountability in their operations This project proposes computerization of about 63,000 functional PACS over a period of 5 years with Government of India share of ₹1,528 crore. State Cooperative Banks and District Central Cooperative Banks were already automated by NABARD and brought on Common Banking Software.

Notes:
The 11th World Urban Forum was held in Poland. The National Institute of Urban Affairs’ (NIUA) Climate Centre for Cities (NIUA C-Cube), World Resources Institute India (WRI India) and their partners launched India’s first national coalition platform for urban nature-based solutions (NbS).
‘India Forum for Nature-Based Solutions’ aims to create a collective of NbS entrepreneurs, government entities and like-minded organisations, to aid in scaling urban nature-based solutions.

 

Notes:
Defence Research and Development Organisation (DRDO) carried out the maiden flight test of the ‘autonomous flying wing technology demonstrator’ in Karnataka.
The test, carried out from the Aeronautical Test Range in Chitradurga, Karnataka is being seen as an important milestone towards developing unmanned aircraft technology in India.

Notes:
Prime Minister Narendra Modi virtually inaugurated Bosch India’s first smart campus in the city of Bengaluru built at a cost of Rs 800 crore.
This campus will be used in developing futuristic products and solutions for India and for the world. The inauguration of the Spark.NXT Campus of Bosch India coincided with the 75^th anniversary of Indian independence.

Notes:
The Indian Olympic Association (IOA) announced that the National Games will be held in multiple cities in Gujarat in September-October this year.
The last National Games were held in Kerala in 2015 and Goa was to host the 36th edition in November 2016. After two delays in 2018 and 2019 as Goa was not able to create adequate infrastructure, the Games were further postponed to 2020. It was further postponed due to National Games.

Notes:
World Asteroid Day 2022 is marked and celebrated globally on June 30 every year, in order to raise public awareness about asteroid’s hazardous effect.
In December 2016, the United Nations General Assembly passed a resolution that declared 30 June as International Asteroid Day. It observes the anniversary of the Tunguska impact over Siberia, Russian Federation on the same day in 1908.

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:
IRDAI and National Health Authority (NHA) are set to develop a National Health Claims Exchange as a digital platform to settle health claims.
Based on a presentation from NHA, Chairman of IRDAI Debasish Panda, has proposed to create a working group with representation from the industry. It will decide how to make the largest segment of general insurance in India attract more people to buy health insurance.

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:
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.