Current Affairs Quiz - June 2022

Notes:
The Central Board of Direct Taxes (CBDT) recently notified the cost inflation index (CII) for FY 2022-23 as 331.
For the previous year (FY 2021-22) CII was notified as 317. The CII is used to calculate an asset’s inflation-adjusted cost price, with which Long-term capital gains or losses are then calculated. This notification will apply to the Assessment Year 2023-24 and future years.

Notes:
World Day to Combat Desertification and Drought is marked every year on 17 June across the world. The day focuses on turning degraded land into healthy or fertile soil to combat desertification.
The theme for World Day to Combat Desertification and Drought is – Rising up from drought together. United Nations Convention to Combat Desertification is a Convention to combat desertification and mitigate the effects of drought.

Notes:
U.S. President Joe Biden signed an executive order aimed at protecting L.G.B.T.Q. people from laws of conservative states that increasingly targets the rights of gays, lesbians, transgender youth and others.
The order seeks to use the force of the federal government to prevent inhumane practices of conversion therapy. It will also seek to expand access to suicide prevention and mental health resources for L.G.B.T.Q. people.

Notes:
China recently launched its third aircraft carrier named ‘Fujian’. It is also the country’s most advanced and the first fully domestically built naval vessel.
Fujian is the name of China’s eastern coastal province of Fujian. Liaoning and Shandong are names of the two previous aircraft carriers of China. China plans to have around five aircraft carriers while the next carrier is expected to be nuclear-powered.

Notes:
The Haryana state government and Israel have signed a joint declaration in the field of integrated water resources management and capacity building.
The Joint Cooperation Agreement was signed by the Project Director of Atal Bhujal Yojana, Haryana with the representative of Israel, to make significant transformation in water management sector.

Notes:
The ‘Employees’ State Insurance Corporation (ESIC)’ functions under the aegis of Ministry of Labour and Employment.
ESIC has announced that its Employees’ State Insurance (ESI) Scheme will be implemented throughout the country by the end of 2022. The health insurance scheme is fully implemented in 443 districts and partially implemented in 153 districts. As many as 148 districts are not covered under the ESI Scheme at present.

Notes:
The General Assembly of the United Nations proclaimed 21 June as the International Day of the Celebration of the Solstice.
It aims to celebrate the unity of cultural heritage and traditions, as well as to strengthen ties among people. The seasonal movement of the Sun’s daily path appears to stand still at a northern or southern limit before reversing direction. There are two solstices that occur annually namely the Summer Solstice around June 21 and Winter Solstice around December 21.

Notes:
The Sun Temple at Gujarat’s Modhera village was built under the administration of the Chaulukya king Bhima I in the early 11th century. It is located on the bank of River Pushpavati. It became a UNESCO World Heritage Site in 2014.

Notes:
According to the latest data of the Union Ministry of Commerce and Industry, the United States is India’s largest trading partner. The bilateral trade is worth 119.42 billion USD. India’s second largest trading partner is China.

Notes:
Ukraine’s Snake Island or Zmiinyi Island is situated in the Black Sea, close to the Danube Delta. This X-shaped island is less than 700 meters from end to end. A village named Bile was founded in 2007 to reaffirm the status of the island as being inhabited.