Current Affairs Quiz - June 2022

Notes:
India hosted the SCO’s Regional Anti-Terrorist Structure (SCO-RATS) Meeting in its capacity as chair of the SCO-RATS.
The meeting aims to deliberate on security challenges, including threats of terrorism. Delegations from China, Pakistan and other member nations of Shanghai Cooperation Organisation (SCO) attended the meeting in New Delhi. India hosted a meeting of counter-terror experts from the SCO countries in May 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:
Agricultural and Processed Food Products Export Development Authority (APEDA) organized an eight-day long mango festival in Bahrain to boost the export of Mangoes.
Commerce and Industry Ministry said, 34 varieties of mangoes from states of West Bengal, Bihar, Jharkhand, Uttar Pradesh and Odisha are being displayed at eight different locations of Bahrain’s Al Jazira group supermarket.

Notes:
Prime Minister Narendra Modi inaugurated the main tunnel and five underpasses of Pragati Maidan Integrated Transit Corridor Project in New Delhi.
The project is fully funded by the central government and is built at a cost of over ₹920 crore. The project is aimed at providing hassle free access to the new exhibition and convention centre being developed at Pragati Maidan. It is a part of Pragati Maidan Redevelopment Project.

 

Notes:
The Kempegowda International Airport in Bengaluru was named the best regional airport in India and South Asia title in the 2022 Skytrax World Airport awards.
The award is based on the feedback from the customers in a globally conducted survey about experience from check-in to arrivals, transfers, shopping, security, immigration and arrangements in the departures gates. The Bengaluru airport had also won the Best Airport and Aviation Innovation Award at Wings India Awards earlier.

Notes:
Indian Navy’s stealth Frigate, INS Talwar is deployed for Operation Sankalp commemorating the 3rd continuous year of Indian Navy’s presence in the Gulf for protection of India’s Maritime Interests.
After attacks on merchant ships in the Gulf of Oman in June 2019, and the deteriorating security situation in the Gulf region, Indian Navy had commenced Maritime Security Operations, code named ‘Op SANKALP’, in the Gulf Region to ensure safe passage of Indian Flag Vessels transiting through the Strait of Hormuz.

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:
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:
A 300kg stingray caught in the Mekong River in Cambodia is the biggest freshwater fish ever documented in the world.
Though there is no official database of the world’s biggest freshwater fish, the previous largest recorded fish was a 293kg Mekong giant catfish caught in Thailand in 2005. The Mekong River flows from the Tibetan Plateau through China, Myanmar, Thailand, Laos, Cambodia and Vietnam.

Notes:
Goods and Services Tax (GST) was introduced on July 1, 2017, to revamp the country’s entire indirect tax structure and modify tax administration and compliance.
The system has completed five years of implementation. There has been a significant increase in the tax base in India at about 1.36 crore active GST registrations as on 31 March 2022.The revenues of May 2022 touched the INR 1.41 lakh crore mark and GST collections crossed Rs 1 lakh crore for 11 months in a row.