Current Affairs Quiz - July 2022

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:
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:
The Asian Development Bank cut its economic growth forecast for India to 7.2% for 2022-23 from 7.5% estimated in April.
The reasons cited are higher-than-expected inflation and monetary tightening. It also lowered the GDP growth estimate for 2023-24 to 7.8% from the 8% estimated earlier. ADB raised the inflation forecast for India to 6.7% for FY23 from the 5.8 % estimated earlier.

Notes:
Nasscom Foundation has set up a call centre to help women farmers scale up their business called the “DigiVaani Call Center”.
It has been set up in collaboration with non-profit Indian Society of Agribusiness Professionals (ISAP). The project is run on a pilot basis to initially reach out to 20,000 rural women entrepreneurs across six states- Himachal Pradesh, Uttarakhand, Uttar Pradesh, Bihar, Haryana and Rajasthan. The project has been funded by Google.

Notes:
The 9th ASEAN-India Senior Officials Meeting on Transnational Crimes was recently held in a virtual mode.
Both sides discussed ways to enhance cooperation under the framework of ASEAN-India Work Plan to combat Transnational Crimes. The 10th ASEAN-India SOMTC Consultation on Transnational Crimes will be held in 2023 in Indonesia.

Notes:
National Tobacco Control Programme (NTCP), which was launched under Health Ministry in the year 2007-08, is implemented through National Tobacco Control Cell (NTCC) at Central level, State Tobacco Control Cell (STCC) at State level and District Tobacco Control Cell (DTCC) at District level.
Recently, the Government has proposed changes in packaging and labelling norms to be adhered by the Cigarette-makers and tobacco companies from December 1. The packaging of the products should read two warning texts with different pictures.

Notes:
‘PM SVANidhi’ scheme was launched on 1 June 2020, to provide financial support to Street vendors. As of july, Rs. 3,661 crores had been provided as micro-credits to more than 30 lakh street vendors.
The Minister for Housing and Urban Affairs Hardeep Singh Puri addressed the meeting of National Association of Street Vendors of India (NASVI), which was held on the theme of ‘From Encroachers to Self-Employed’.

Notes:
The Unique Identification Authority of India (UIDAI) has launched ‘Aadhaar Face RD’ app to enable Aadhaar card holders to authenticate their unique 12-digit identity number using face.
UIDAI enabled Aadhaar Authentication User Agencies (AUAs) to capture Aadhaar card holders face for authentication purpose. The App captures live person’s face for authentication using Face Authentication Technology. A Aadhaar card holder need not to carry physical identification and the biometric data will be restored in the Central Identity Data Repository (CIDA).

Notes:
‘National Mission on Himalayan Studies’ is implemented by the Ministry of Environment, Forest & Climate Change (MoEF&CC).
A study was conducted by the Zoological Survey of India (ZSI) on snow leopard (Panthera uncia) under National Mission on Himalayan Studies. It has found a strong link found between habitat use by snow leopard and its prey species like Siberian ibex, blue sheep.

Notes:
National Cooperative Financial and Development Company (NCFDC) is the proposed umbrella body for Urban Cooperative Banks.
The institution is expected to be functional early next year. NCFDC will raise ₹300 crore as capital from member banks and is expected to apply for an NBFC licence. It would facilitate additional financing to MSMEs and lower middle-class borrowers of UCBs.