Current Affairs Quiz - June 2022

Notes:
At the conclusion of the 2022 Commonwealth Heads of Government Meeting (CHOGM) in Kigali, Rwanda, all 54 Commonwealth members adopted ‘Living Lands Charter’.
The non-binding agreement mandates that member countries will safeguard global land resources and arrest land degradation and act against climate change, biodiversity loss and towards sustainable management.

Notes:
India and the UK announced to create a joint Commonwealth Diplomatic Academy programme to train young and aspiring diplomats from both nations.
External Affairs Minister S Jaishankar and his UK counterpart announced plans for the establishment of the new academy to jointly promote Commonwealth values after the meeting in Rwanda.

Notes:
International Day of the Tropics is observed annually on June 29, to highlight the importance of the tropics and the environmental and socio-economic challenges faced in these regions.
The Tropics are the regions around the equator that lie between the Tropic of Cancer and the Tropic of Capricorn in the Northern and Southern Hemispheres. This region hosts about 40 per cent of the Earth’s population and 80 per cent of its biodiversity.

Notes:
Scientists have discovered the world’s largest bacterium in a Caribbean mangrove swamp. The bacterium named ‘Thiomargarita magnifica’ is so big to be seen with the naked eye.
The thin white filament is by far the largest bacterium known to date. It has a large central compartment or vacuole, that allows some cell functions to happen in that controlled environment instead of throughout the cell.

Notes:
The National Insurance Awareness Day is observed on 28 June annually to make people aware about the benefits of investing in an insurance plan
After a huge fire in London, Nicholas Barbon set up the first fire insurance company in 1666 AD. Since then, the insurance market has expanded to several new sectors.

Notes:
Arm Ltd, the British chip technology firm owned by SoftBank Group, has recently launched a set of new chip technologies aimed at making video games on smart-phones look better while preserving battery life. The latest products are designs for graphics processing units, or GPUs, which are often used for video processing in gaming. Arm upgraded plans for its central processing units (CPUs).

Notes:
China’s central bank has signed an agreement with Switzerland based Bank for International Settlements (BIS) to establish a yuan pooling scheme to counter the dominance of the U.S. dollar.
The arrangement aims to provide liquidity support for participating central banks during market volatility by creating a reserve pool. The Renminbi Liquidity Arrangement initially includes the PBOC and the central banks of Indonesia, Malaysia, Hong Kong, Singapore and Chile.

Notes:
UAE is India’s third-largest trade partner and second-largest export destination in 2022. Prime Minister Narendra Modi recently held bilateral talks with President of United Arab Emirates Sheikh Mohammed Bin Zayed Al Nahyan, at Abu Dhabi.
Prime Minister conveyed condolences on the passing away of Sheikh Khalifa bin Zayed Al Nahyan. Both leaders reiterated their commitment to further deepen and diversify the India-UAE Comprehensive Strategic Partnership.

Notes:
Social media giant Meta and Ministry of Tribal Affairs announced to extend their collaboration to launch the second phase of Going Online As Leaders (GOAL) programme.
The first phase of GOAL involved digital mentorship programme to tribal youth. In the second phase 10 lakh women and youth entrepreneurs will be mentored. The programme will create a platform for more than 50,000 self-help groups and 10 lakh families associated with TRIFED to market their products globally.

Notes:
Rim of the Pacific (RIMPAC) maritime military exercise is a biennial exercise led by the USA. Twenty-six nations are expected to participate in the operations, which began recently.
The 28th biennial exercise aims to promote an open and free Indo-Pacific region as maritime tensions escalate with China. The event will feature the latest US weapons systems, including unmanned surface vessels.