Current Affairs Quiz - July 2022

Notes:
The US House of Representatives has passed a legislative amendment that approves waiver to India against the punitive CAATSA sanctions for its purchase of the S-400 missile defence system from Russia.
Countering America’s Adversaries through Sanctions Act (CAATSA) is a US law that authorises the US administration to impose sanctions on countries that purchase major defence hardware from Russia in response to Russia’s annexation of Crimea in 2014.

Notes:
National School of Drama (NSD), New Delhi is organizing a festival “Azadi Ka Amrit Mahotsav – 22nd Bharat Rang Mahotsav, 2022.
NSD is an autonomous organization under Ministry of Culture. The festival aims to remember and pay tribute to our freedom fighters, under ‘Azadi Ka Amrit Mahotsav 2022’. The festival will be inaugurated in New Delhi and it will be organized in 5 other cities of Bhubaneswar, Varanasi, Amritsar, Bengaluru and Mumbai.

Notes:
MCA21 is India’s first mission mode e-governance project. As per the Secretary of Ministry of Corporate Affairs, the Version 3.0 of MCA21 will be fully rolled out in the next two to three months.
The Institute of Chartered Accountants of India (ICAI) is actively involved with the Ministry in the rollout of MCA V3.0.

Notes:
Young Indian Grandmaster R Praggnanandhaa has won the Paracin Open ‘A’ chess tournament 2022 in Serbia.
The 16-year-old remained unbeaten and scored 8 points from nine rounds. He will be part of a strong India ‘B’ team in the 44th Chess Olympiad to be held in Chennai, Tamil Nadu.

Notes:
The British government launched an ‘Aviation Passenger Charter’ to help passengers know their rights when faced with problems at airports.
Long queues and cancelled flights caused by staff shortages have caused chaos, prompting airlines to cut back their schedules. The new charter helps passengers know what to do if they are confronted by cancellations, delays or missing baggage.

Notes:
The Telangana government has partnered with the United Nations Development Programme (UNDP) to add Data in Climate Resilient Agriculture (DiCRA) to the Digital Public Goods Registry.
DiCRA can identify farms that are resilient to climate change and those that are highly vulnerable, using remote sensing and pattern detection algorithms. The platform uses open-source technologies backed by artificial intelligence tools for sharing insights on climate resilience.

Notes:
The Delhi government celebrated ‘Happiness Utsav’ marking the fourth anniversary of its Happiness Curriculum for schools.
During the Happiness Utsav, various activities will be organised for the next 15 days. The Aam Aadmi Party (AAP) government had introduced the Happiness Curriculum in 2018.

Notes:
Sri Lanka’s interim President Ranil Wickremesinghe prohibited the use of the word ‘His Excellency’ to address the President and abolished the presidential flag.
He was sworn in as Sri Lanka’s acting president until a successor is elected to Gotabaya Rajapaksa, who resigned after protests against his government for mishandling the economy.

Notes:
The Reserve Bank of India has hiked the minimum capital adequacy ratio (CAR) for Urban Cooperative Banks (UCBs) to 12 per cent from the earlier ratio of 9 per cent.
The requirement is applied for Tier 1 banks, with deposits above Rs 100 crore. RBI has also provided a path till March 2026 to meet revised CAR norm in phases, for UCBs that don’t meet it currently. This is based on recommendations of a panel headed by N S Vishwanathan, former Deputy Governor.

Notes:
Italian Prime Minister Mario Draghi recently resigned after a collapse in support among his coalition backers,
President Sergio Mattarella called for an election for a new parliament in September. Mario Draghi was a former president of the European Central Bank. The country has been fighting inflation surge and an economic slowdown.