Current Affairs Quiz - March 2022

Notes:
The Defence Acquisition Council (DAC) is chaired by the Union Defence Minister Rajnath Singh. Recently, the Council approved the procurement of Rs 8,357 crore worth of military platforms and hardware.
The procurement proposals were accorded “Acceptance of Necessity” at the meeting. The proposals include procurement of night sight (Image Intensifier), light vehicles GS 4X4, Air defence fire control radar (light) and GSAT-7B satellite.

Notes:
Biocon Ltd Executive Chairperson Kiran Mazumdar-Shaw has been elected as a fellow of the Royal Society of Edinburgh (RSE), Scotland’s National Academy.
RSE is one of the world’s oldest and respected academic societies. Fellows are elected to join the RSE from across the fields of science, arts, education, business and public life in recognition of their contribution in improving the world around them.

Notes:
Kerala Tourism has launched its 24×7 WhatsApp chatbot ‘Maya’ to enable tourists to access all information and updates about the tourism sector in the state.
The dedicated WhatsApp interactive service ‘Maya’ will serve as a virtual travel assistant for tourists. The Service can be obtained using WhatsApp chat or by scanning the QR code, for a hassle-free travel experience in the state.

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:
According to the Economic Survey of Delhi 2021-22, Delhi ranked third in terms of per capita income behind Sikkim and Goa.
As per the survey, Delhi’s per capita income grew 16.81 per cent year-on-year to Rs 4,01,982 in fiscal 2021-22. The per capita income of Delhi was three times higher than the national average in 2021-22.

Notes:
The ILO Governing Body has elected Gilbert F. Houngbo as the Organization’s 11th Director-General. Houngbo, who is currently President of the International Fund for Agricultural Development (IFAD), will assume office in October 2022.
He is also the first African to hold the Director-General post of ILO. The current Director-General, Guy Ryder, from the United Kingdom, has held the office since 2012.

Notes:
The Pradhan Mantri Sangrahalaya, a museum dedicated to prime ministers of India, is set to be inaugurated on April 14 to coincide with B R Ambedkar’s birth anniversary.
Being built on a 10,000-square metre land adjacent to the Nehru Memorial Museum in Delhi, the museum covers the life and times of all 14 Indian prime ministers so far. The museum which is being built at a cost of Rs 271 crore was approved in 2018.

Notes:
In a recent study, researchers from the Centre for Development Studies (CDS) and the Indian Institute of Space Science and Technology (IIST) measured the size of India’s space economy at Rs 36,794 crore (approximately USD 5 billion) for the 2020-21 fiscal.
The estimated size of India’s space economy, as a percentage of the GDP, fell from 0.26% in 2011-12 to 0.19% in 2020-21.

Notes:
The Union Government has appointed CS Rajan as Chairman and Managing Director of Infrastructure Leasing & Financial Services (IL&FS) for a period of six months.
Till March-end, the company has resolved debt amounting to Rs 55,000 crore. Out of which, Rs 21,000 crore has been discharged by way of monetisation of assets and debt repayment. The resolved debt amounts to 90% of the total debt that was expected to be resolved.

Notes:
The 5th BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation) Summit was hosted virtually by Sri Lanka, the current chair.
Prime Minister Narendra Modi attended the conference virtually and announced USD 1 million in aid to promote the budget of the Bimstec secretariat. The theme of the Colombo summit is “Bimstec-Towards a Resilient Region, Prosperous Economies, Healthy Peoples”.