Current Affairs Quiz - June 2022

Notes:
The Insolvency and Bankruptcy Board of India (IBBI) was set up in the year 2016. IBBI has notified the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Second Amendment) Regulations, 2016.
Under the amendment, the operational creditors have to furnish extracts of Form GSTR-1, Form GSTR-3B and e-way bills. It also places a duty on the corporate debtor, its promoters or any other associated person to provide the information as sought by resolution professional.

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:
The European Commission has recommended that Ukraine should be granted European Union candidate status.
The recommendation from the EU’s executive arm will be discussed by leaders of the 27-nation bloc during the upcoming summit in Brussels. The European Commission also proposed making Moldova, which shares a long border with Ukraine, an EU membership candidate.

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:
Bangladesh Ministry of Foreign Affairs (MoFA) recently clarified that the Padma Bridgeis not part of China’s Belt and Road Initiative (BRI).
It is a multipurpose road-rail bridge across the Padma River, the main distributary of the Ganges. When completed it will be the largest bridge in Bangladesh and the first fixed river crossing for road traffic. BRI or the ‘One Belt, One Road’ initiative is a flagship programme of President Xi Jinping for trade and connectivity and India has raised concerns over the BRI projects.

Notes:
Tata Consultancy Services (TCS), HDFC Bank, Infosys, and Life Insurance Corporation (LIC) were included in the Global Top 100 list in the Kantar Brandz 2022 Most Valuable Global Brands report.
TCS jumped 12 positions to 46th position from 58th in 2021 and its brand value was up 61 per cent. HDFC Bank’s rank was up five positions while LIC saw its rank slip 19 positions to 92, and its brand value was down by 4 per cent compared to 2021.

Notes:
A giant stingray christened Boramy was caught on the Mekong River in the northeastern Cambodia. It measured almost 3 meters from snout to tail. The previous record for the largest fresh water fish was held by Mekong giant catfish discovered in Thailand in 2005.

Notes:
The UNSC 1267 committee was set up in the year 1999. It was strengthened in 2001 following the 9/11 attack. Its members include both the permanent and non-permanent members of the UNSC. It is also known as Da’esh and Al Qaeda Sanctions Committee.

Notes:
The Russian enclave Kaliningrad is located on the Baltic Sea. It is sandwiched between Lithuania and Poland. It was captured by the USSR from Nazi Germany in April 1945. It became part of the USSR territory as the result of the Potsdam Agreement. It was recently in news because of a row after Lithuania decided to ban goods part of EU sanctions from moving through its territory to reach Kaliningrad.

Notes:
Swadesh Darshan Scheme was launched by the Ministry of Tourism for the integrated development of theme-based tourist circuits in India. Under this central sector scheme, central financial assistance will be provided to states and union territories for the infrastructural development of the tourist circuits.