Current Affairs Quiz - July 2022

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:
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:
Open Network for Digital Commerce (ONDC) is a Government of India initiative that aims to build an open network for buyers and sellers to democratise the current e-commerce ecosystem in the country.
It has launched a ‘Grand Hackathon’ in collaboration with NABARD. The event is divided into two categories: Agri Grant Challenge and Agri Innovation Hackathon, to showcase the innovations to aid the adoption of e-commerce in the agricultural sector.

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:
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 58-year-old Yair Lapid recently took over as Israel’s 14th prime minister after the country’s parliament dissolved.
The journalist-turned politician, has taken over as Israel’s caretaker prime minister as the country preparing to go for polls for the fifth time in four years in November. He built a coalition that ended Benjamin Netanyahu’s record 12 consecutive years in power.

Notes:
Ferrari’s Carlos Sainz sealed the first Formula One victory of his career in the British Grand Prix at Silverstone.
Sergio Pérez and Lewis Hamilton finished second and third in the tournament respectively. Fernando Alonso, Lando Norris, Mick Schumacher, Sebastian Vettel and Kevin Magnussen were among the top ten.

Notes:
The European Intelligence Unit (EIU) recently released the Global Liveability Index 2022, which ranked 173 cities on the basis of their living conditions.
Five Indian cities- Delhi, Mumbai, Chennai, Ahmadabad and Bangalore were included in the list. Delhi was ranked the best at 140, followed by Mumbai at 141, Chennai and Ahmadabad at 142 and 143 respectively. Bengaluru was the last of Indian cities at 146^th rank.

Notes:
SBI General Insurance has recently launched the Cyber VaultEdge insurance plan, which covers against financial losses arising from cyber risks and attacks.
Individuals exposed to any form of cyber risks can buy this policy for themselves and their family. Some of the inclusions of the policy includes theft of Funds, Identity Theft, Cyber Bullying, Cyber Stalking and Loss of Reputation, Cyber Shopping, Online shopping among others.

Notes:
The Chhattisgarh Government has received an in-principle nod from the Central Government to go ahead with a USD 300 million school education project the State.
Department of Economic Affairs (DEA) under the Union Finance Ministry had given an in-principle approval for the project, which is to be funded by the World Bank.