Current Affairs Quiz - July 2022

Notes:
Tokyo Olympian Deepak Punia won a bronze medal in the 86kg freestyle weight category at the U23 Asian wrestling championships 2022 in Bishkek, Kyrgyzstan.
The 23-year-old wrestler after losing to Azizbek Fayzullaev of Uzbekistan and Nurtilek Karypbaev of Kyrgyzstan, settled for the bronze. India won 25 medals in all in the U23 meet in the event, including 10 gold medals.

Notes:
The government has decided to set up the Financial Services Institution Bureau (FSIB) to replace the Banks Board Bureau (BBB).
The BBB was entrusted with the task of selecting candidates for appointments to the senior management-level posts. Delhi High Court last year ruled that BBB couldn’t select the General Managers and directors of state-run general insurers. Former BBB chairman Sharma is set to head the new body.

Notes:
Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry has released ‘Start-ups Ranking 2021’.
The ranking focuses on seven reform areas. Gujarat, Karnataka and Meghalaya were categorised as best performers while Bihar, Andhra Pradesh, Mizoram and Ladakh have an emerging start-up ecosystem. Kerala, Maharashtra, Odisha, Telangana and Jammu and Kashmir were ranked as the top performers section.

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

Notes:
India’s services industry expanded at the fastest rate in over eleven years in June 2022 amid strong demand.
The S&P Global India Services Purchasing Managers’ Index rose to 59.2 in June, its highest since April 2011. As per the survey, stubborn inflation remains a concern as prices charged rose at the sharpest rate in almost five years.

Notes:
After a chunk of Italy’s Marmolada glacier broke off recently, at least seven people are dead and more are still missing.
As per the experts, this is the direct result of human-caused climate change. The disaster took place just one day after officials recorded a record-high temperature of 10 degrees Celsius at the summit of the glacier in the Dolomite Mountains.

Notes:
The 30 NATO allies signed the accession protocols for Sweden and Finland, sending the membership bids of the two countries to the alliance capitals for legislative approvals.
The 30 ambassadors and permanent representatives have to formally approve the decisions of last week’s NATO summit. Turkey warned that it could still block the process if the countries fail to fully meet Turkey’s demand to extradite terror suspects.

Notes:
World Kiswahili Day is celebrated on the 7th of July every year after a declaration by UNESCO member states in this regard.
Kiswahili is one of the most widely spoken languages in Africa and the most widely spoken in sub-Saharan Africa. Kiswahili is also the only African language which is an official language of the African Union.

Notes:
Geologists have discovered 1.2-billion-year-old groundwater about 3 km below surface in Moab Khotsong.
It is a gold- and uranium-producing mine in South Africa. This ancient groundwater is enriched in the highest concentrations of radiogenic products. Uranium and other radioactive elements naturally occur in the surrounding host rock. They provide information on co-habitating microorganisms previously discovered in the Earth’s deep subsurface.

Notes:
Akasa Air is a start-up carrier, promoted by veteran stock market investor Rakesh Jhunjhunwala. The airline which got Air Operator Certificate from the Directorate General of Civil Aviation (DGCA), will start services in late July.
It is an Indian low-cost airline headquartered in Mumbai, Maharashtra.