Current Affairs Quiz - June 2022

Notes:
Flipkart has launched an initiative to cater to millions of Indian students and support their academic and extracurricular interests.
The e-commerce firm has launched a dedicated virtual storefront on its app, called the ‘Flipkart Student’s Club’. This store will include several brands, offering a wide selection to enhance the shopping experience of students.

Notes:
The Reserve Bank of India (RBI) released the RBI Annual Report 2021-22. As per the report, the total number of Fake Indian Currency Notes (FICNs) of all denominations detected in the banking sector increased to 2,30,971 pieces.
There was an increase of 16.4 per cent, 16.5 per cent, 11.7 per cent, 101.9 per cent and 54.6 per cent in the counterfeit notes detected in the denominations of Rs 10, Rs 20, Rs 200, Rs 500 and Rs 2,000, respectively. The total expenditure on security printing during 2021-2022 was ₹4,984.8 crore as against ₹4,012.1 crore in the previous year.

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:
Delhi Chief Minister Arvind Kejriwal has been invited to attend the World Cities Summit (WCS) in Singapore to present the ‘Delhi Model’ and to discuss urban solutions with other leaders.
It is jointly organised by Singapore’s Centre for Liveable Cities and the Urban Redevelopment Authority.

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:
Meta recently announced that AMBER alerts will be launched in Instagram in 25 countries. With the new feature, users in these regions will get notifications of missing children in the area.
The feature was already present on Facebook and it has helped find hundreds of children since its launch in 2015. AMBER alerts for Instagram was developed in partnership with various organisations like US- National Center for Missing & Exploited Children (NCMEC) and the International Centre for Missing & Exploited Children.

Notes:
A US medical team have reconstructed a human ear using the patient’s own tissue to create a 3D bio-implant.
This procedure can be used to treat people with a rare birth defect. The surgery was performed as an early-stage clinical trial to evaluate the safety and efficacy of the implant for people with microtia, in which the external ear is small and not formed properly.

Notes:
Ministry of Tourism, in association with the United Environment Program (UNEP) and Responsible Tourism Society of India (RTSOI) organised the ‘National summit on developing sustainable and responsible tourist destinations’ in New Delhi.
On this occasion, the Ministry of Tourism launched the national strategy for sustainable tourism and the responsible traveller campaign.

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.

Notes:
Ace Tennis player Rafael Nadal won the final match to beat Casper Ruud and claim his 14th French Open Men’s single title.
With this victory, Nadal claimed his 14th championship at Roland Garros and 22nd Grand Slam title overall. He is two titles ahead of rivals Roger Federer and Novak Djokovic. French Open is a Grand Slam tennis tournament played on outdoor clay courts at the Stade Roland Garros in Paris, France.