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:
Prime Minister Narendra Modi released the ‘Scholarship for PMCARES Children’ under the Ministry of Social Justice and Empowerment, as a central sector scheme.
Under the Scheme, Scholarship of Rs 20,000/- per child per annum will be provided, including monthly allowance of  ₹1,000 and annual academic allowance of Rs. 8,000 to cover the entire school fees, cost of the books and uniform, shoes and other educational equipment.

Notes:
The second-year anniversary of ‘National AI Portal’ (INDIAai) is celebrated on May 30, 2022. The portal is a joint initiative by the Ministry of Electronics and IT (MeitY), National e-Governance Division (NeGD) and NASSCOM. INDIAai released a book on the basics of AI titled ‘AI for Everyone’.
The portal focuses on promoting a unified AI ecosystem in the country and use AI for economic growth. The portal has a repository of over 1000 articles on AI and several news stories, reports, case studies and videos. It has the databases featuring details of government initiatives and start-ups related to AI.

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:
Prime Minister Narendra Modi addressed ‘Garib Kalyan Sammelan’ in Shimla, Himachal Pradesh, marking the completion of eight years of the government.
The programme is organised across the country at state capitals, district headquarters, and Krishi Vigyan Kendras (KVKs). The Prime Minister also released the 11th instalment of Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme of around Rs. 21,000 crore to more than 10 crore beneficiary farmer families.

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:
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:
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:
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.