Current Affairs Quiz - June 2022

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:
Russia has launched a new “Foreign debt payment system”, an arrangement similar to that used for payments for its gas supplies to pay its dollar-denominated foreign debts.
Russia will offer the holders of its Eurobond obligations to accept a payment system bypassing the Western financial infrastructure. Russia has not defaulted on its international debts since the 1917 Bolshevik Revolution when the Soviet Union was created.

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:
NTPC Ltd, India’s largest integrated energy producer has issued renewed Biodiversity Policy 2022, aligned with environmental and sustainability policies.
NTPC was the first PSU to issue Biodiversity Policy in the year 2018. The Public sector undertaking, formerly known as National Thermal Power Corporation Limited, also became a member of the India Business & Biodiversity Initiative (IBBI) in the same year.

Notes:
Bihar state government is set to conduct a caste-based census in the state. The decision was taken at an all-party meeting chaired by Chief Minister Nitish Kumar.
The exercise would be called Jaati Aadharit Ganana and the state government will publish the data related to the census through advertisements in newspapers. The aim of this exercise is to carry out developmental work for people who are deprived.

Notes:
The Times Higher Education (THE) released the 2022 edition of the Asia University Rankings with universities from 31 countries and territories.
India is the third most-represented country, with 71 universities making it to the list. Indian Institute of Science (IISc), Bangalore is the only institute to make the top-50 list at 42^nd rank. JSS Academy of Higher Education and Research (65^th), IIT Ropar (68) and IIT Indore (87) were in top 100 list.

Notes:
State-owned PFC Ltd, formerly called as Power Finance Corporation announced that maiden green bonds of 300 million euros have been listed on Luxembourg Stock Exchange (LSE).
Luxembourg Stock Exchange (LSE) is the largest green bond listing platform. The listing has been done under the co-operation agreement signed between India INX and LSE. PFC is the largest non-banking financial corporation (NBFC) in the power sector, in India

Notes:
Railway Protection Force (RPF) launched a pan India drive “Operation Mahila Suraksha” was launched from May 3 to May 31, 2022.
During this drive, RPF has arrested more than 7,000 persons who were travelling in the coaches reserved for women without being authorised. RPF also rescued 150 women from becoming victims of human trafficking. Another pan India initiative “Meri Saheli” is also operational to provide safety and security to lady passengers.

Notes:
Industry Transition Dialogue was hosted by India and Sweden in Stockholm. Union Environment Minister Bhupender Yadav addressed the summit.
The event was organised as a part of India and Sweden’s joint initiative called Leadership for Industry Transition (LeadIT). The Minister said that the developed countries must take lead in the global transition towards net zero and low carbon industry transition.

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