Current Affairs Quiz - March 2022

Notes:
The Organization for Economic Cooperation and Development (OECD) retained the estimate of India’s real gross domestic product (GDP) at 5.5% in FY24.
This is lower than 8.1% in 2022-23. In its Economic Outlook for Southeast Asia, China and India, the GDP of emerging Asia – China, India and ASEAN Member Countries- is projected to grow 5.8% this year.

Notes:
The International Day of Solidarity with Detained and Missing Staff Members is marked each year on March 25.
The day is marked on the anniversary of the abduction of Alec Collett, a former journalist who was working for the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA) in 1985. Convention on the Safety of United Nations and Associated Personnel was adopted by the UN in 1994.

Notes:
The Central Banking team and its editorial advisory panel recently unveiled its ninth edition of Central Banking Awards (2022).
Chile’s Mario Marcel has been named for the Governor of the year award. Banco Central de Chile is the name of the central bank of Chile. Chile’s governor expertly navigated a third currency crisis in two years, amid wider political volatility, while improving the central bank’s capabilities.

Notes:
Airports Authority of India (AAI), under its R & D initiative, has entered into an agreement with Navratna Defence PSU Bharat Electronics Limited (BEL) to jointly develop indigenous Air Traffic Management Systems.
They will also collaborate on systems for surface movement of aircraft at airports in the country which were previously being imported. The Agreement was signed during ‘Wings India 2022’ in Hyderabad.

Notes:
The country has over 50,000 ODF plus villages, the government recently announced. An ODF plus village is one that sustains its open-defecation-free status, ensures solid and liquid waste management and is visually clean.
The top-performing states include Telangana with 13,960 ODF Plus villages; Tamil Nadu with 11,477; Madhya Pradesh with 3,849.

Notes:
Earth Hour was observed from 8:30 to 9:30 p.m on March 26. It is the world’s largest movement for the environment where people across the globe unite to take a stand against climate change by turning off non-essential lights for one hour.
It commenced as a symbolic lights-out event in Sydney in 2007, and then was observed every year on the last Saturday of March in more than 180 countries. It unites millions of people in the effort to decarbonise the planet. The theme for this year’s global event is “Shape our Future”.

Notes:
The Cochin International Airport Limited (CIAL) has bagged the ‘Covid champion’ award at Wings India 2022.
It is Asia’s largest event on civil aviation jointly organised by the Ministry of Civil Aviation and FICCI. CIAL was selected for the implementation of a project named ‘Mission Safeguarding’ during the Covid pandemic to ensure safe travel at Kochi Airport.

Notes:
Ministry of Defence has signed a contract worth Rs 887 crore with Larsen & Toubro for acquisition of Two Multi-Purpose Vessels (MPVs) under the “Buy-Indian’’ category.
L&T will deliver the MPVs which will be indigenously built in India to the Indian Navy in another two years. The vehicles can perform maritime surveillance, surface and underwater firing exercises, launching of torpedoes and giving Humanitarian Assistance & Disaster Relief (HADR) support.

Notes:
IIT Kharagpur has launched the peta-scale supercomputer PARAM Shakti inaugurated by West Bengal governor Jagdeep Dhankhar.
PARAM Shakti was developed under the National Supercomputing Mission, a joint initiative of the Ministry of Electronics and Information Technology and the Department of Science and Technology. Supercomputer ‘PARAM Ganga’ was earlier installed at IIT Roorkee.

Notes:
The Chartered Accountants, Cost and Works Accountants and Company Secretaries (Amendment) Bill seeks to appoint non-chartered accountant (CA), non-cost accountant and non-company secretary as the presiding officer of the disciplinary committees of the respective bodies.
The Bill seeks to set up a coordination committee headed by the corporate affairs secretary. It will have representations from the three institutes: Institute of Chartered Accountants of India (ICAI), Institute of Cost Accountants of India (formerly known as ICWAI), and Institute of Company Secretaries of India (ICSI).