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:
Indian Council for Cultural Relations organised a ten days programme named ‘Gen-Next Democracy Network’ concluded.
Under the Gen Next Democracy Network programme, Youth from various democratic countries come to India and get acquainted with India’s heritage, culture and functioning of Indian democracy. ICCR is an autonomous organisation involved in India’s global cultural relations, through cultural exchange with other countries.

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:
National Statistical Office (NSO) marginally slashed its year-on-year gross domestic product (GDP) growth forecast to 8.7 per cent, down from 8.9 per cent estimated in February.
The fourth quarter (January-March period of 2021-22) GDP growth was recorded at 4.1 per cent. The economy witnessed a 6.6 per cent contraction in 2020-21. The latest GDP growth estimate is lower than the second advance estimate of 8.9 per cent (released in February) and first advance estimate of 9.2 per cent (released in January).

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:
Vice President M. Venkaiah Naidu is on a visit to Gabon, Senegal, and Qatar, the first visit from India at the level of Vice President to the three countries.
Libreville is the capital of the Central- African country Gabon. The Vice President reiterated the commitment of the Government of India to be Gabon’s reliable partner. The bilateral trade between the countries reached USD 1.12 billion in 2021-22.

Notes:
‘Frontier’ became the world’s fastest supercomputer, according to the Top500 list of world’s most powerful supercomputers with Linmark benchmark score of 1.1 exaflops.
It is a supercomputer built using Hewlett Packard Enterprise (HPE) architecture and equipped with Advanced Micro Devices (AMD) processors. It surpassed Fugaku, Japan’s supercomputer jointly developed by RIKEN and Fujitsu Ltd., which topped the supercomputer benchmarking index in 2020.

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:
External Affairs Minister Dr S Jaishankar is on a five day visit to Slovakia and the Czech Republic. He is set to attend the GLOBSEC 2022 Forum in Slovakia and speak on the topic ‘Taking Friendship to the Next Level: Allies in the Indo-Pacific Region’.
He is scheduled to meet Minister of European and International Affairs of Austria Alexander Schallenberg on the sidelines of the GLOBSEC 2022 Forum. The Czech Republic will be taking over the EU Presidency from next month.

Notes:
Denmark is set to join the European Union’s defence policy after it held a referendum for the decision. Denmark is the only EU member that is not part of the EU’s Common Security and Defence Policy (CSDP).
The Denmark government has succeeded in abolishing an exemption secured in a 1993 referendum on the Maastricht Treaty. Sweden and Finland also placed historic bids to join NATO, which will be taken up at the upcoming summit.