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:
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:
Three-day international literary festival ‘Unmesh’ was organised at the state of Himachal Pradesh. The festival was inaugurated by Union Minister of State for Culture Arjun Ram Meghawal.
Over 425 writers, poets, translators, critics and personalities from 15 countries, representing over 60 languages, are participating in the event. The festival is being organised by the Union Ministry of Culture and the Sahitya Akademi with the support of the Himachal Pradesh Department of Art and Culture as part of the ‘Azadi Ka Amrit Mahotsav’.

Notes:
During the launch of the Agnipath scheme, the Centre had said those between the of 17-and-a-half and 21 years would be inducted for a four-year tenure in the tri services of Army, Navy and Air Force.
As per the latest order by the Defence Minister, the age limit for recruitment has now been raised to 23 for the 2022 batch only. There have been nation-wide protests against the new model for recruitment of soldiers.

Notes:
Former Supreme Court Judge Justice Ranjana Prakash Desai has been nominated as Chairperson of the Press Council of India.
She replaced the retired Justice CK Prasad who vacated office in November 2021. Justice Desai has also served as the chairman of the Delimitation Commission on Jammu and Kashmir, Public prosecutor for the state of Maharashtra and as a Judge on the Bombay High Court.

Notes:
The Indian Coast Guard’s new air squadron named 840 Squadron was created in Chennai on June 20, 2022. The squadron was initially created with an indigenous ALH Mark-III aircraft. This is the first such aircraft to be stationed in the eastern region.

Notes:
Khumbu Glacier is situated at Nepal’s Khumbu region between Mount Everest and the Lhotse-Nuptse ridge. Like many other glaciers in the Himalayas, Khumbu Glacier is melting at a rapid pace. This is making it highly hazardous for Nepal’s Everest base camp.

Notes:
The Bashi Channel, which connects the South China Sea with the western Pacific Ocean, is a waterway between the Philippines’ northern island of Luzon and the Taiwanese island of Orchid. It is part of the Luzon Strait, which connects the Philippine Sea to the South China Sea.

Notes:
Manipur’s Keibul Lamjao National Park is the world’s only floating national park. It is located on the Loktak Lake in the northeastern state of Manipur. It is the last natural habitat of the Sangai – the state animal of Manipur.

Notes:
Two countries – Ukraine and Republic of Moldova – were granted the status of candidate country by the European Council. This paves the way towards them becoming the members of the European Bloc.