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:
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 National Anti-profiteering Authority (NAA) is the statutory mechanism under GST law to check unfair profiteering activities by the registered suppliers.
The GST watchdog has held cosmetics and personal care company L’oreal guilty of not passing on the rate reduction benefits to consumers to the tune of ₹186 crore.  NAA has directed L’oreal to deposit the sum along with 18% interest in the consumer welfare fund.

Notes:
The Goods and Services Tax (GST) revenue in June rose to ₹144,616 crore, the second-highest since the inception of GST five years ago.
The new high collection is on the back of rapid economic recovery and stricter compliance, as per the Union Finance Ministry said. In April, the collection was the highest ever at ₹1,67,540 crore. This is the fifth time the monthly GST collection crossed the ₹1.40 lakh crore mark and fourth month at a stretch since March 2022.

Notes:
In the QS Best Student Cities Ranking 2023, London has been ranked as the best city for students looking to study abroad.
Seoul and Munich are at the second place. The report ranks 140 cities in terms of affordability, student facilities, and university standard among other factors. India’s highest-ranked student city is Mumbai at 103 spot. It is followed by Bengaluru at 114th rank.

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:
Weaver ants, whose scientific name is Oecophylla smaragdina, are present in Mayurbhanj district, Odisha.
The people of the district especially the tribals, make a food item with the ants called the Kai Chutney. Scientists from Odisha are in the process of presentation for the geographical indications (GI) registry of Kai Chutney.

Notes:
The Indian Institute of Technology (IIT), Bombay has planned to introduce a mandatory course on caste awareness.
As per the surveys conducted by the SC/ST Cell of the institution, it was proposed to provide more sensitisation events and a mandatory academic course on caste and racial discrimination. Earlier, a mandatory gender sensitisation course was launched last year.

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:
The Central Consumer Protection Authority (CCPA) has barred hotels and restaurants from adding service charge ‘automatically or by default’ in the food bill.
The consumer may lodge a complaint on the National Consumer Helpline (NCH) 1915 or through the NCH mobile application, as per the Union Ministry of Consumer Affairs, Food and Public Distribution