Current Affairs Quiz - June 2022

Notes:
Israel has signed a free trade agreement with the United Arab Emirates, its first big trade pact with an Arab state.
The agreement, which aimed at boosting trade between the two Middle Eastern nations, would encourage more Israeli companies to set up offices in the UAE, particularly in Dubai. The deal with Israel is UAE’s second bilateral free trade agreement after a similar accord with India in February.

Notes:
Tata Motors’ subsidiary Tata Passenger Electric Mobility Limited (TPEML) signed a tripartite memorandum of understanding (MoU) with Ford India and Government of Gujarat to take over Ford’s passenger vehicle manufacturing plant at Sanand.
Tata Motors’ subsidiary TPEML can manufacture electric vehicles (EVs) at Ford India’s Sanand plant, located in the state of Gujarat.

Notes:
The 118th meeting of the Permanent Indus Commission (PIC) comprising Indus Commissioners of India and Pakistan was recently organised.
During the meeting, the annual report for the year ending on March 31, 2022, was finalised and signed. The next meeting of the PIC would be held in Pakistan. According to the of the Indus Waters Treaty, around 33-million-acre feet water of eastern rivers- Sutlej, Beas, and Ravi is allocated to India for unrestricted use annually, and about 135 MAF of western rivers-Indus, Jhelum, and Chenab to Pakistan.

Notes:
The ‘International Week of Solidarity with the Peoples of Non-Self-Governing Territories’ is observed from May 25 to May 31.
In the UN Charter, a Non-Self-Governing Territory is defined as a Territory “whose people have not yet attained a full measure of self-government.” At present, there are 17 Non-Self-Governing Territories remaining.

Notes:
Punjab government has recently launched e-stamping facility after abolishing physical stamp papers of all denominations.
The move aims to bring efficiency and is expected to save Rs 35 crore annually. Stamp papers of any denomination can be obtained only through e-stamp from stamp vendor or from banks authorised by the state government. The facility has been started with the assistance of National e-Governance Services Limited.

Notes:
Soft robots are robots that are flexible and unlike traditional robots can be used to perform more delicate functions.
Soft robots can be programmed to execute specific tasks such as reaching into difficult gaps or holding onto delicate objects.

Notes:
Croatia is set to adopt the euro currency from the start of 2023 after meeting all the criteria to join the European Commission.
This move will make Croatia the 20th European country to use the single currency. European Commission President Ursula von der Leyen said in a statement that Croatia has made a step towards adopting the Euro common currency.

Notes:
India and Israel adopted a ‘Vision statement’ for strengthening defence cooperation in future. The statement marked 30 years of diplomatic ties between the two countries.
Union Defence Minister Rajnath Singh and his Israeli counterpart held bilateral talks in New Delhi. The two leaders discussed defence cooperation and the global and regional defence scenario. Israel recently signed the instrument of ratification of the International Solar Alliance.

Notes:
The World Environment Day is celebrated every year on June 5, to raise awareness about degrading environmental conditions and environment protection.
The United Nations Environment Programme (UNEP) is the nodal agency that organises and supports events across the world. The year 2022 marks the 50th World Environment Day. Sweden is the host of the event this year and the theme is ‘Only One Earth’. It was the motto for the 1972 Stockholm Conference

Notes:
The Government has approved 8.1 per cent rate of interest on employees’ provident fund (EPF) deposits for the year 2021-22, from 8.5 per cent provided in the previous year.
The 8.1 per cent EPF rate of interest is the lowest since 1977-78, when it stood at 8 per cent. The interest rate on EPF deposits was decided by the Central Board of Trustees (CBT) and was ratified by the finance ministry 2021.