Current Affairs Quiz - June 2022

Notes:
US central bank has announced its biggest interest rate rise in nearly 30 years to control surging inflation.
The Federal Reserve announced that it would increase its benchmark rate by three-quarters of a percentage point to a range of 1.5 percent to 1.75 percent. It is the largest rate hike since 1994, and is expected to push up the cost of borrowing for homes, cars and other loans.

Notes:
The International Day of Family Remittances (IDFR) is observed on 16 June every year. It recognises the importance of over 200 million migrant workers who send money home.
According to the United Nations, over 800 million people receive money as foreign remittances from their loved ones. According to the World Bank, remittances to low- and middle-income countries (LMICs) will reach a record USD 630 billion this year.

Notes:
European Space Agency’s Gaia mission has released a set of new data, which has revealed the phenomena of ‘starquakes’.
Starquakes are massive movements on the surface of stars similar to earthquake. The star-mapping Gaia probe has covered almost 1.8 billion stars in the Milky Way galaxy. The data has also revealed the largest chemical map of the entire Milky Way, showing the DNA of millions of stars.

Notes:
Union Minister Bhupender Yadav addressed the Plenary Session of 110th International Labour Conference in Geneva.
The International labour Conference sets the international labour standards and the broad policies of the ILO. It is the largest international gathering attended by representatives of governments, employers and workers from the 187 ILO Member States.

Notes:
Former world billiards champion Sourav Kothari of India won the Lance Pannell Pacific International Snooker title in Melbourne and Pacific International Billiards Championship.
The 37 year old became only the second cueist ever to achieve a double title in the Pacific International after Matthew Bolton of Australia.

Notes:
Germany announced emergency measures including increased use of coal to boost gas storage levels and to phase out imports.
As Germany relies on Russia for most of its gas, it is affected after Russia’s invasion of Ukraine which led to cut in deliveries. The new measures include increased reliance on coal-fired power plants and an auction system to incentivise industry to consume less.

Notes:
The Union Ministry of Electronics and IT (MeitY) has declared IT resources of ICICI Bank, HDFC Bank and National Payments Corporation of India (NPCI) as ‘critical information infrastructure’.
The Information Technology Act of 2000 defines ‘Critical Information Infrastructure’ as a “computer resource, the incapacitation or destruction of which shall have debilitating impact on national security, economy, public health or safety”. The government has the power to declare any data, database, IT network or communications infrastructure as CII.

Notes:
The Indian Coast Guard’s Eastern Region inducted the Advanced Light Helicopter (ALH) Mark III, the first aircraft of the newly created “840 Squadron”.
It was indigenously designed and developed Advanced Light Helicopter (ALH) Mark III by the Hindustan Aeronautics Limited (HAL). HAL has delivered 13 out of 16 such aircraft to the Indian Coast Guard till date.

Notes:
Former US President Abraham Lincoln issued the Emancipation Proclamation on January 1, 1863 to free African Americans in secessionist Confederate states from slavery. It remained ineffective for more than two years as the slave owners withheld this information from their slaves. The last of the enslaved African Americans were freed on June 19, 1865 – two months following the end of the Civil War.

Notes:
Ruchira Kamboj recently became India’s Permanent Representative to the United Nations. As the UN ambassador, she will be the head of the Permanent Mission of India to the UN in New York City. She will succeed T S Tirumurti.