Current Affairs Quiz - July 2022

Notes:
The Indian Space Research Organisation (ISRO) has launched three satellites from Singapore in its Polar Satellite Launch Vehicle (PSLV-C53) mission.
It is being launched from the Satish Dhawan Space Centre, Sriharikota. PSLV-C53 is also the second dedicated mission of NewSpace India Limited (NSIL), a corporate arm of the Department of Space. ISRO has successfully launched the PSLV-C52 mission in February 2022 by injecting Earth Observation Satellite (EOS-04).

Notes:
Reserve Bank of India (RBI) recently released its financial stability report for June 2022. It is a half-yearly publication.
As per the recent report, Gross non-performing asset (NPA) ratio of banks fell to six-year low of 5.9% in March 2022 while the net non-performing assets (NNPA) ratio fell to 1.7% in March 2022. Capital to Risk Weighted Assets Ratio (CRAR) and Common Equity Tier 1 (CET-1) Ratio of SCBs were 16.7% and 13.6%, respectively, in March 2022.

Notes:
The International Day of Parliamentarism is observed every year on 30 June, to recognise the importance of parliamentary systems of government in shaping modern societies.
This year, the Inter-Parliamentary Union (IPU) and its members will observe the day under the theme of ‘Public engagement’ as the ‘Global Parliamentary Report on Public engagement in the work of parliament’ was recently released.

Notes:
India has been celebrating 29th June as “Statistics Day”. This year, the theme was ‘Data for Sustainable Development’.
The Ministry released ‘Sustainable Development Goals-National Indicator Framework (NIF) Progress Report, 2022’. Along with the report, the updated NIF 2022 and Data Snapshot on SDGs NIF Report 2022 and “Youth in India 2022” publication were also released. Prof. P.C. Mahalanobis National Award in Official Statistics, 2022 was also awarded.

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:
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:
India shipped 13, 69,264 MT of seafood worth Rs 57,586.48 crore (USD 7.76 billion) during 2021-22, despite heavy odds.
During the FY 2021-22, the export improved in rupee term by 31.71%. Frozen shrimp remained the major export item in terms of quantity and value. USA is the largest market of frozen shrimp, followed by China and European Union.

Notes:
The Union Environment Ministry directed to constitute a ‘Project screening committee’ in each state/UT with five members.
According to the Forest (Conservation) Rules, 2022, will meet at least twice every month and will advise the state governments on projects in a time bound manner, the rules state. The Committee is to be formed for an initial review of proposals involving diversion of forest land.

Notes:
‘Mind Master: Winning Lessons from a Champion’s Life’ is the memoir of Chess legend and five-time world chess champion Viswanathan Anand.
Recently, Hachette India announced the expanded paperback edition of the book, ahead of the 44th FIDE Chess Olympiad. The book features a bonus chapter on how to navigate uncertainty and rapidly changing realities in the wake of the pandemic.

 

Notes:
The World Bank released the Global Findex Database 2021: Financial Inclusion, Digital Payments, and Resilience in the Age of COVID-19
It surveyed how people in 123 economies use financial services throughout 2021. As per the report, large share of the global population without formal banking lives in India and China because of their size. The report also found that women are more likely to be unbanked than men.