Current Affairs Quiz - March 2022

Notes:
National Science Day is celebrated on February 28 in India to recognise the contributions of scientists towards the development of the country
In 1928, Indian Physicist CV Raman made an important discovery in the field of spectroscopy which was named the Raman Effect. The theme of National Science Day 2022 is ‘Integrated Approach in Science and Technology for Sustainable Future’.

Notes:
Rafael Nadal defeated Cameron Norris 6-4, 6-4 to win the Mexican Open 2022. He also extended his best-ever start of his career at 15-0 as he won his 91st ATP title.
Nadal won his third title in 2022, including the Australian Open for his record 21st Grand Slam singles title. At present, he is three victories from tying Ivan Lendl’s total of 94 for third place for most championships in Open Era. Jimmy Connors (109) and Roger Federer (103) are at first 2 places.

Notes:
New Development Bank (NDB) is set to become the first multilateral agency to open an office in the Gujarat International Finance Tech City (GIFT).
NDB also expects to partner with the newly formed National Bank for Financing Infrastructure and Development (NBFID) to support important infrastructure projects in India.

Notes:
The Government has appointed Madhabi Puri Buch as the new chairperson of market regulator -Securities and Exchange Board of India.
She is the first woman chairperson of SEBI. Ms Madhabi Puri Buch, the former head of ICICI Securities, replaces Ajay Tyagi. Mr Tyagi, a 1984 batch IAS officer, was appointed as SEBI Chairperson in 2017.

Notes:
Mobile World Congress (MWC) began recently in the city of Barcelona, Spain. In the conference, the Global Mobile Economy Report was released.
As per the report, the total number of 5G connections globally is expected to reach 1 billion in 2022, which could increase 5G adoption. In 2021, mobile technologies and services generated USD 4.5 trillion, which equals 5% of Global GDP. This is expected to grow to USD 5 trillion in 2025.

Notes:
Union Minister for Finance Nirmala Sitharaman launched the Electronic Bill (e-Bill) processing system, announced in Union Budget 2022-23, on the occasion of 46th Civil Accounts Day. The move is a part of ‘Ease of Doing Business (EoDB) and Digital India eco-system’
Currently, the suppliers of various goods and services to the Government have to submit physical, ink signed copies of their bills to the respective Ministries/Departments/Offices of the Government of India.

Notes:
The Union government has allowed manufacture and import of machine-made polyester national flags by amending the 2002 Flag Code of India.
The rules earlier permitted only flags made by “hand-spun and hand woven wool or cotton or silk khadi bunting”. The import of machine-made flags was banned in 2019.

Notes:
This year’s first ISSF World Cup is being held in the city of Cairo, Egypt. Indian shooting ace Saurabh Chaudhary won the gold medal in the men’s 10m air pistol event.
Another Indian player Esha Singh bagged the second medal for the country after she won a silver in the women’s 10m air pistol event.

Notes:
The International Financial Services Centres Authority (IFSCA) invited public comments on the draft framework on sustainable and sustainability-linked lending by financial institutions in IFSCs.
The draft guidance seeks to provide a broad framework for the adoption of principles aligned with the existing international standards. It also says that the units will have at least 10 per cent of their loan assets in the form of lending to green facilities from 2023.

Notes:
Ministry of Home Affairs (MHA) approved the formation of Village Defence Groups (VDGs) in Jammu and Kashmir.
The members of the Village Defence Groups will be designated as Village Defence Guards. In 1990s, 4,125 Village defence committees (VDCs) existed in Jammu and Kashmir. This new initiative is seen as a process of rejuvenating VDCs. They assist the forces in counter-terrorism operations and help in maintaining peace.