Current Affairs Quiz - July 2022

Notes:
ALH MK III helicopters have been indigenously manufactured by Hindustan Aeronautics Limited (HAL).
An advanced light helicopter (ALH) MK III squadron was commissioned in Gujarat’s Porbandar by the Director General of the Indian Coast Guard at the ICG Air Enclave. It includes advanced RADAR, electro-optical sensors, Shakti engines, advanced communication systems among others.

Notes:
Food Safety and Standards Authority of India (FSSAI) has unveiled regulations by defining what constitutes vegan foods.
‘Food Safety and Standards (Vegan Foods) Regulations, 2022’ listed out various specifications to be followed for manufacture, sale and import of such food items. The new regulations were released after considering objections and suggestions from the public

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:
India’s largest floating Solar Power Project is made fully operational at Ramagundam, Telangana. NTPC declared Commercial Operation of the final part capacity out of 100 MW Ramagundam Floating Solar PV Project at Ramagundam, Telangana
With the operationalisation the project, the total commercial operation of Floating Solar Capacity in Southern Region rose to 217 MW. Earlier, NTPC declared operation of Floating Solar at Kayamkulam (Kerala) and at Simhadri (Andhra Pradesh).

Notes:
The Advertising Standards Council of India (ASCI) is the voluntary self-regulatory body in advertising sector in India.
As per the annual complaints report, Education, healthcare and personal care are the most violative categories of advertisements. It processed 7,631 complaints at an increase of 25 per cent from last year.

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:
T Raja Kumar of Singapore has been appointed as the president of Financial Action Task Force (FATF), the anti-money laundering watchdog.
He has replaced Marcus Pleyer and will discharge his service for next two years. As per FATF, the President will focus on enhancing the effectiveness of global anti-money laundering  and counter-terrorist financing measures, improving asset recovery and other initiatives.

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:
The Delhi government introduced new assessment guidelines for school students. Under the new criteria, students will now be assessed for the impact of mindset curricula in their behaviour, along with other scholastic subjects.
It includes Happiness and Deshbhakti curricula for classes 3-8, while students of Class 9 and Class 11 will be assessed for Deshbhakti and Entrepreneurship Mindset Curricula.

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.