Current Affairs Quiz - June 2022

Notes:
Etalin hydroelectric project is proposed to be set up in the state of Arunachal Pradesh. The 3,097-MW project requires diversion of over 1100 hectares of forest land and felling of over 280,000 trees.
Wildlife scientists and conservationists in the state have written to Forest Advisory Committee (FAC) under the Union Ministry of Environment, Forest and Climate Change (MoEF&CC), about the threats to local biodiversity from the project

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:
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:
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:
India and Israel adopted a ‘Vision statement’ for strengthening defence cooperation in future. The statement marked 30 years of diplomatic ties between the two countries.
Union Defence Minister Rajnath Singh and his Israeli counterpart held bilateral talks in New Delhi. The two leaders discussed defence cooperation and the global and regional defence scenario. Israel recently signed the instrument of ratification of the International Solar Alliance.

Notes:
The United Nations received the official request of Turkey to rebrand itself to ‘Turkiye’ in all languages.
The UN chief’s spokesperson announced that the change is immediate. Over the past few years, the country sought to change the branding on its products from “Made in Turkey” to “Made in Turkiye.”

Notes:
Germany has recently hosted the 10-day meeting of parties to the Antarctic Treaty in Berlin. A majority of parties held the opinion that there is scientific evidence for the emperor penguins species to be put under the special protection.
It is said that China has blocked efforts to step up protection of emperor penguins in Antarctica. The species are threatened by the effects of global warming on their natural habitat in Antarctica.

Notes:
‘Ex SAMPRITI-X’, a joint military training exercise between India and Bangladesh commenced in Bangladesh, as part of bilateral defence cooperation.
The military training exercise is aimed at strengthening the features of interoperability and cooperation between both armies. The Indian contingent is represented by a battalion of the Dogra regiment.