Current Affairs Quiz - July 2022

Notes:
National Skill Development Mission, which is also known as Skill India Mission, was launched on July 15 in the year 2015.
The 7th Anniversary of the Skill India Mission was celebrated this year. Under the Pradhanmantri Kaushal Vikas Yojna, more than one crore 36 lakh young persons have been trained so far. The scheme aims to empower the youth with skill sets, making them more employable.

Notes:
Varanasi was nominated as the first SCO Tourism and Cultural Capital for 2022-23 at the SCO Council of Heads of State meeting in Samarkand, Uzbekistan, on September 16, 2022. The initiative is rotated among SCO member states to promote cultural cooperation. Multiple events for SCO delegates and artists were hosted in Varanasi throughout 2022-23 under this program.

Notes:
Saudi Arabia hosted the ‘Jeddah Summit for Security and Development’, which was attended by leaders of the Gulf Cooperation Council, Egypt, Iraq, Jordan and the US.
The statement released after the summit emphasised to take required measures to protect the security and stability in the Middle East.

Notes:
Two-time Olympian and India’s ace Skeet shooter Mairaj Ahmad Khan won the country’s first ever individual gold in the ISSF World Cup at Changwon, Korea.
India stays on top of the medal standings with five gold, five silver and three bronze medals with two more days of competitions left. India also won a bronze with the 50m Rifle women’s team of Anjum Moudgil, Sift Kaur Samra and Ashi Chouksey.

Notes:
National Legal Services Authority Chairman Uday Umesh Lalit launched the country’s first AI-powered digital Lok Adalat during the 18th All India Legal Services Authorities’ meet in Rajasthan.
The Digital Lok Adalat of Rajasthan State Legal Services Authority (RSLSA) was launched amid the recent headlines of India’s growing case pendency.

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 government slashed the newly-introduced windfall tax on petrol, diesel, aviation fuel, and crude oil, after a global oil price ease.
The move, which is effective from July 20, will give relief to top fuel exporters like Reliance Industries, and oil explorers like Oil and Natural Gas Corporation (ONGC). A windfall tax is levied on companies deemed to have made unreasonably high profits, normally due to unusually favourable market factors.

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 World Bank has approved a loan of USD one billion to provide support to India’s flagship PM Ayushman Bharat Health Infrastructure Mission (PM-ABHIM).
The loan includes two complementary loans of USD 500 million each namely for ‘Transforming India’s Public Health Systems for Pandemic Preparedness Program (PHSPP)’ and ‘India’s Enhanced Health Service Delivery Program (EHSDP)’.

Notes:
NITI Aayog launched E-AMRIT (Accelerated e-Mobility Revolution for India’s Transportation) mobile application to raise awareness on electric mobility, in collaboration with UK.
It also launched a report on Advanced Chemistry Cell Battery Reuse and Recycling Market in India. NITI Aayog has been collaborating with the UK Government in the areas of e-vehicles, charging infrastructure and battery storage.