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:
India is the host of FIFA under-17 Women’s World Cup 2022, whose schedule was released recently. India will play all its group stage matches of the World Cup at the Kalinga Stadium in Bhubaneswar.
The quarterfinals will be held in Navi Mumbai and Goa on October 21 and 22. The Nehru Stadium in Goa and D.Y. Patil Stadium in Navi Mumbai will host maximum matches.

Notes:
Tamil Nadu Chief Minister MK Stalin launched ‘Ennum Ezhuthum’ scheme to bridge learning gaps in primary education.
The scheme will ensure that all students under eight years of age in the state are able to read with comprehension and have basic arithmetic skills by 2025. A committee was formed to design the syllabus for the scheme, to help each student develop their own skill set. The scheme will be implemented in government and government-aided schools for 3 years.

 

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).

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:
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 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:
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:
Hampi, located at the banks of the Tungabhadra River, is an ancient village in Karnataka’s Vijayanagara district. This UNESCO World Heritage Site was the capital of the Vijayanagar Empire in the 14th century.

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Khumbu Glacier is situated at Nepal’s Khumbu region between Mount Everest and the Lhotse-Nuptse ridge. Like many other glaciers in the Himalayas, Khumbu Glacier is melting at a rapid pace. This is making it highly hazardous for Nepal’s Everest base camp.