Current Affairs Quiz - June 2022

Notes:
India and Japan held their first ever Finance Dialogue in New Delhi to exchange their views on the macro-economic situation, financial system, financial digitalization and investment environment.
Secretary of Department of Economic Affairs (Ministry of Finance) Ajay Seth led Indian side in this first India-Japan Finance Dialogue. India and Japan hold Presidency of G-20 and G-7 next year respectively.

Notes:
Minister for Power, New and Renewable Energy R K Singh addressed the ‘India Energy Transition Summit’ in New Delhi.
The Minister said that India is leading in energy transition and it is fastest growing Renewable Energy capacity in the world. He also affirmed that India can achieve 700 GW of Renewable energy by 2030 if we manage to achieve the vision of green hydrogen, green ammonia and Electric Vehicles EV.

Notes:
India and other member countries of the Shanghai Cooperation Organisation (SCO) supported an initiative of China to organise a joint border operation ‘Solidarity-2023’ for the border agencies of the member countries next year.
India’s Border Security Force (BSF) Director announced this at the conclusion of the eighth meeting of the heads of border authorities of the competent bodies of SCO member states, which was held in Delhi, under the chairmanship of India.

Notes:
The Reserve Bank of India (RBI) recently released a document titled “Payments Vision 2025”, with guidelines on payments.
The document also focussed on the architecture of digital finance. It includes regulations for BigTechs and fintechs in payments; guidelines on payments involving ‘Buy Now Pay Later’ (BNPL) services; introducing the central bank digital currency (CBDC); and linking credit cards and credit components of banking products to the Unified Payments Interface (UPI).

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Mumbai based Swal Corporation has introduced a new paddy product in the market, named ‘Kar Max’
The company has introduced the product in order to effectively control the stem-protruding worm that affects paddy crop and to increase the productivity of the crop.

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The National Critical Information Infrastructure Protection Centre (NCIIPC) is the nodal agency responsible for protecting India’s critical information infrastructure. It was established in 2014 under Section 70A of the IT Act, 2000. It is part of the National Technical Research Organisation (NTRO), an intelligence agency under the NSA.

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A part of Changthang Wildlife Sanctuary in Ladakh is going to become a Dark Sky Reserve, which will help promote astronomy-tourism. Once this region is declared as the Hanle Dark Sky Reserve, efforts will be undertaken to protect the night sky from superfluous illumination and light pollution.

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NEtworking TRaffic Analysis (NETRA) was developed by the DRDO laboratory Centre for Artificial Intelligence and Robotics (CAIR). It is a software network used for intercepting and analysing internet traffic passing through software such as Skype and Google Talk.

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South Africa was the last member country to join the BRICS in the year 2010. Other BRICS countries are Brazil, Russia, India and China. Together, these countries account for around 40 per cent of the global population and some 30 per cent of the global GDP.

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Pattachitra painting is the traditional painting of Odisha and West Bengal. These scroll paintings trace their origin to 12th century. They mainly depict Hindu mythology and are closely related to Jagannath and Vaishnava sect. It was recently in news as Odisha Chief Minister Naveen gave a Pattachitra to Pope Francis in Vatican City as a gift. This pattachitra was created by artist Apindra Swain and his family who belong to craft village of Raghurajpur in Puri district. Raghurajpur is world famous for Pattachitra paintings.