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:
NPCI International, the international arm of the National Payments Corporation of India (NPCI) has signed a Memorandum of Understanding (MoU) with Lyra Network of France for ‘Acceptance of UPI & Rupay Card in France.
India is doing 5.5 billion UPI transactions in a month. France is the first Western country with which India has partnered to expand its UPI services.

Notes:
Union External Affairs Minister Dr. S. Jaishankar addressed the Ministerial Session of the 12^th edition of Delhi Dialogue in New Delhi, attended by other ASEAN Foreign Ministers. The theme this year of DD-XII is ‘Building Bridges in the Indo-Pacific’.
The dialogue followed the Special ASEAN-India Foreign Ministers’ Meeting (SAIFMM), hosted by India in New Delhi. The 24th ASEAN-India Senior Officials meeting also took place in New Delhi.

Notes:
The Government has cleared the appointment of new chief justices in five high courts, as per the Law and Justice Ministry.
Justice Vipin Sanghi and Justice Ujjal Bhuyan will be appointed as the Chief Justice of the Uttarakhand High Court and Telangana High Court. Justice Amjad Ahtesham Sayed and Justice Shinde Sambhaji Shiwaji will take over as the Chief Justice of Himachal Pradesh High Court and Rajasthan High Court. Chief Justice Satish Chandra Sharma and Justice Rashmin M Chhaya were appointed as the Chief Justice of the Delhi and Guwahati High Courts respectively.

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:
The Department of Telecommunications (DoT) notified the production-linked incentive (PLI) scheme for telecom in 2021, aimed towards incentivising design-led manufacturing in the sector.
Recently the DoT has extended the PLI scheme by one year, and has amended the scheme to raise the incentive rate by an additional 1 per cent. The Centre will provide additional incentives of over Rs 4,000 crore.

Notes:
The Army Training Command (ARTRAC) has announced partnership with Indian Institute of Technology (IIT)-Madras to establish a 5G Test-bed at the Military College of Telecommunication at Indore.
It will be used for the army’s operational use of 5G technology, especially along the borders. Under the MoU, IIT-Madras would provide consultancy, supported by research for feasibility studies and prototype development on 5G-enabled future communications.

 

Notes:
Prime Minister Narendra Modi launched ‘Mukhyamantri Matrushakti Yojna’ a nutrition scheme for pregnant and lactating mothers- in Gujarat’s Vadodara.
The financial outlay of the scheme is Rs 800 crore. Every month, all identified beneficiaries will receive Poshan Kits along with other ICDS services. Poshan Sudha Yojana, which aims to meet the nutritional needs of pregnant women, has also been expanded to all tribal- areas of Gujarat.

Notes:
Theri Desert in located in Tamil Nadu. It derives its name from Tamil term “theri”, which means red dunes. Red sand dunes in this desert have sediments dating back to the Quaternary period that commenced some 2.6 million years ago.

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.