Current Affairs Quiz - July 2022

Notes:
NTPC and Indian Oil Corporation (IOC) have signed an agreement to set up a joint venture company for meeting the power requirements of projects of IOC refineries.
NTPC Green Energy (NGEL), a wholly owned subsidiary of NTPC, will form the JV Company for supplying RE-RTC power to Indian Oil Corporation.

Notes:
Researchers have discovered a new giant 18-million-year-old crocodile species that mysteriously disappeared.
Kinyang mabokoensis and Kinyang tchernovi are the names of the giant dwarf crocodiles, which inhabited east Africa. The species is similar to the dwarf crocodiles that may be found in central and western Africa at present.

Notes:
As per the data provided by the Ministry of Home Affairs, over 1.63 lakh Indian nationals renounced their Indian citizenship during 2021.
This is the highest during the last three years. The US was the top choice with almost half of Indians preferring to become US citizens. After the US, Indians preferred to get citizenship in Australia, Canada and the UK.

Notes:
The Reserve Bank of India (RBI) has decided to adopt a simple four-tiered regulatory framework for Urban Co-operative Banks (UCBs).
The framework will be based on size of deposits, with an aim to strengthen their financial soundness. An expert committee, headed by former RBI deputy governor N S Vishwanathan, made a host of recommendations for strengthening the UCBs.

Notes:
The CII-EXIM Bank Conclave on India-Africa Growth Partnership was launched in 2005 with the support of India’s Ministry of External Affairs and Ministry of Commerce & Industry. It aimed to encourage the development of private investment from India in African countries.
The 17^th edition of the Conclave is being held in New Delhi. High-level diplomats from around 17 African nations are participating in the summit.

Notes:
Former Supreme Court judge Vineet Saran has taken over as the BCCI’s ethics officer and ombudsman, filling the dual posts which were lying vacant for a year.
Vineet Saran has succeeded Justice (Retd) D K Jain, whose term ended in June last year. He is a former Chief Justice of Odisha High Court, and also served as a judge in Karnataka and Allahabad High Court.

Notes:
L&T Technology Services has become the first tech company to publicly express its interest in the government’s direct allocation of spectrum for captive 5G networks.
It will obtain spectrum to set up a 5G non-public network to build use cases on the technology. Apart from this, the firm will also deploy 5G solutions globally for parent Larsen & Toubro. L&T is specialised in engineering and research and development services.

 

Notes:
The Government has prohibited import of human embryos in line with the Assisted Reproductive Technology (Regulation) Act, 2021 and The Surrogacy (Regulation) Act, 2021.
This was announced by the Directorate General of Foreign Trade. Earlier, imports were prohibited except for research purposes based on the guidelines of the Department of Health Research. Surrogacy is a practice where a woman gives birth to a child for an intending couple with the intention to hand over the child after the birth to the couple.

Notes:
Maharashtra’s Jawaharlal Nehru Port has become the first 100 per cent Landlord Major Port of India with all berths being operated on PPP model.
JNP is one of the leading container ports of the country and is ranked 26th among the top 100 global ports. The terminal will also handle Ro-Ro vessels which will not only lower the logistics cost and reduce transit time but will also contribute in reducing congestion on roads.

Notes:
Australian authorities have killed millions of honeybees recently in an effort to stop a catastrophic parasite plague from spreading to other parts of the country.
Honey sector, which is Australia’s multimillion-dollar business, is under severe threat from the outbreak of the varroa mite. Varroa mite or Varroa destructor is a parasitic bug that attacks and feeds on honeybees.