Current Affairs Quiz - July 2022

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:
The submarine named ‘INS Sindhudhvaj’ was recently decommissioned from the Indian Navy after serving for 35 years.
The submarine crest depicts a grey colour nurse shark and the name ‘Sindhudhvaj’ means flag-bearer at sea. The submarine was known for indigenised sonar USHUS, indigenised satellite communication systems Rukmani and inertial navigation system and indigenised torpedo fire control system.

Notes:
NHPC has recently signed two agreements to develop green hydrogen technology in Leh, Kargil districts.
As per the agreement signed for Leh district, NHPC will develop a Pilot Green Hydrogen fuel cell-based Microgrid, including hydrogen production, to meet its power requirement. The hydrogen generated in Kargil will be used in fuel cells, to run buses in the local area.

Notes:
The Financial Services Institutions Bureau (FSIB) has recommended G Rajkiran Rai for the position of Managing Director at the National Bank for Financing Infrastructure and Development (NaBFID).
This is the first ever recommendation by FSIB, after it was recently set up.

Notes:
Bhupender Yadav attends BRICS Labour and Employment Ministers’ Meeting 2022, which was held under the presidency of China.
Discussions were held on Promoting Green Jobs for Sustainable Development; Developing Skills for Resilient Recovery; and Protecting Workers’ Right in New Forms of Employment. The countries also adopted ‘BRICS Labour & Employment Ministerial Declaration’.

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:
Karnataka has been ranked first in the NITI Aayog’s India Innovation Index (2021) for third third time in a row. The first edition was released in October 2019 and second in January 2021.
The India Innovation Index ranks states and union territories on the basis of innovation capabilities. Telangana, Haryana and Maharashtra stood second, third and fourth in the list of top states. Manipur topped the ‘North East and Hill States’ section and Chandigarh won the ‘Union Territory and City States’ category.

Notes:
Sri Lankan MPs have elected the Prime Minister Ranil Wickremesinghe as the country’s new President.
He defeated his main rival for the job, Dullus Alahapperuma in a parliamentary vote. Sri Lanka’s ex-president Gotabaya Rajapaksa fled the country last week, after thousands of protesters stormed his presidential residences calling for his resignation. They had also called for the resignation of Wickremesinghe.

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:
In the 2022 edition of Henley Passport Index, Indian passport is ranked at 87 as it provides easy access to 57 countries.
Japan is at the first place of the index with hassle-free entry to 193 countries. Singapore and South Korea have the next powerful passports in the world with access to 192 countries. Indian passports had access to just 23 destinations in 2020.