Current Affairs Quiz - June 2022

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:
Indian women’s shooting team of Elavenil Valarivan, Shreya Agarwal and Ramita have bagged a gold medal for India in the 10m air rifle women’s team event at the ISSF World Cup 2022.
This was India’s first medal at the ongoing ISSF World Cup being held in Baku, capital of Azerbaijan.

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 Global Day of Parents is annually celebrated on 1 June to appreciate the commitment of parents towards their children.
The UN General Assembly proclaimed 1994 as the International Year of the Family and 15 May each year as the International Day of Families. The UNGA later announced that 1 June will be observed as the Global Day of Parents. The theme for Global Day of Parents 2022 is ‘Appreciate all parents throughout the world.’

Notes:
Elon Musk, CEO of SpaceX and Tesla, has topped the 2021 Fortune 500 list of the most highly compensated CEOs.
In 2021 Musk received compensation worth almost USD 23.5 billion while Tesla ranked 65 on this year’s Fortune 500 list. Apple Inc. CEO Tim Cook received USD 770.5 million in 2021 and Jensen Huang, the NVIDIA chief, received USD 561 million in 2021.

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:
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:
The New York state legislature has recently passed the “Fair Repair Act”, which requires digital electronics manufacturers to make parts, tools, information, and software available to consumers and independent repair shops.
The independent repair shops will finally be able to compete with manufacturers. As per the New York assembly, the act levels the playing field for independent repair shops, and reduces the e-waste footprint on the environment.

Notes:
UIDAI has announced that it would provide IPPB postmen with the necessary digital devices such as a desktop or laptop-based Aadhar kit to update the necessary details of Aadhar card holders.
UIDAI also plans to onboard over 13,000 banking correspondents currently working with the Common Service Centre (CSC) of the Ministry of Electronics and Information Technology.

Notes:
The Maharashtra State Board for Wildlife (MSBWL) has approved 12 new conservation reserves and three wildlife sanctuaries.
The new sanctuaries are the extension of the Lonar wildlife sanctuary, Kolamarka sanctuary and Muktai Bhawani sanctuary. These protected areas (PAs) will have an area of 1,000 sq km which is twice the size of Mumbai city. Maharashtra has 6 national parks, 50 sanctuaries, 15 conservation reserves and six tiger projects.