Current Affairs Quiz - June 2022

Notes:
The Centre has recently proposed a scheme worth Rs 1,000 crore to invite private companies to set up manufacturing zones in power and renewable energy (RE) equipment.
The Ministries of power and new and renewable energy have jointly proposed a scheme for establishment of three manufacturing zones, in which two would be brownfield on already developed land and one greenfield manufacturing zone in a coastal area of the country.

Notes:
The government raised the premium for Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY), to make them economically viable.
The premium rate of PMJJBY has been revised upward to Rs 1.25 per day, with an increase from Rs 330 to Rs 436 annually. The annual premium for PMSBY has been hiked from Rs 12 to Rs 20. The new premium rates are effective from June 1, 2022.

Notes:
The Controller General of Accounts (CGA) released the fiscal deficit for 2021-22, which improved to 6.71 per cent of the GDP over the revised budget estimate of 6.9 per cent. The fiscal deficit in absolute terms was Rs 15,86,537 crore (provisional).
The increase was mainly on account of higher tax realisation. The tax receipts during the fiscal stood at Rs 18.2 trillion as against the revised estimates (RE) of Rs 17.65 trillion.

Notes:
India recorded its highest-ever textiles and apparel exports in the financial year 2021-22 at USD 44.4 billion.
The exports including handicrafts recorded an increase of 41 per cent over corresponding figures in FY21. USA was the top export destination for the country’s textiles and apparel shipments with 27 per cent share, followed by the European Union (18 %), Bangladesh (12 %) and UAE (6 %).

Notes:
The Union Cabinet expanded the scope of the public procurement portal Government e-Marketplace (GeM) to allow cooperative societies to register as buyers.
This would help cooperatives in getting competitive prices through an open and transparent process. Over 8,54,000 registered cooperatives and their 270 million members will be benefitted. The registration of cooperatives as buyers was not covered within the existing mandate of GeM, so far.

Notes:
Maharashtra government has decided to make six Road Transport Office’ (RTO) services online. People, who need a permanent driving licence or verification for an international driving licence will need to go to the RTO.
Maharashtra’s transport department provides 80 online services and now six more services have been included.

Notes:
IIM-Ahmedabad (IIM-A) has partnered with an e-marketplace for agricultural land, SFarms India, to develop a farm land price index based on the sales and purchases done on the platform.
The ‘IIM-Ahmedabad SFarmsIndia Land Price Index (ISALPI)’ records and presents the data on prices of agricultural land in the country. It can be used by local governments to compensate people who lose land for highway expansion

Notes:
UIDAI has announced that it would provide IPPB postmen with the necessary digital devices such as a desktop or laptop-based Aadhar kit to update the necessary details of Aadhar card holders.
UIDAI also plans to onboard over 13,000 banking correspondents currently working with the Common Service Centre (CSC) of the Ministry of Electronics and Information Technology.

Notes:
The Reserve Bank had launched its first global hackathon – “Harbinger 2021 – Innovation for Transformation” with the theme ‘Smarter Digital Payments’ in November 2021.
It was organised to encourage entrepreneurs to suggest innovative solutions for smarter digital payments. Tone Tag has been declared the winner in two categories in the RBI’s first global hackathon Harbinger 2021. napID Cybersec and TrustCheckr were the winners of the other two categories.

Notes:
Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) is headquartered in Dhaka.
BIMSTEC Secretary General Tenzin Lekphell addressed the members on the occasion of the 25th Founding Day of the organisation in Dhaka.