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 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:
The Great Barrier Reef is the world’s largest coral reef system, located in Australia. As per a new study, fish in Australia’s Great Barrier Reef are losing their colour.
The study revealed that relationship between the colouration of the fish communities and the environment is likely to be impacted by global environmental change.

Notes:
NITI Aayog, in partnership with the Institute of Competitiveness, released the Export Preparedness Index (EPI) 2021.
As per the report, most of the Coastal States of India are the best performers, and Gujarat was the top-performer. The EPI ranks states and UTs on 4 main pillars namely ‘Policy; Business Ecosystem; Export Ecosystem; Export Performance’ and 11 sub-pillars.

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:
Bulgaria has recently abolished its controversial “Golden passports” scheme, which offers citizenship of the EU member state in return for substantial investment.
The scheme made it possible for foreigners to acquire residency when they invested a minimum of 500,000 euros in Bulgaria, and citizenship when they invested one million euros. The European Commission has called for the abolition of such schemes as they provide ways for money laundering.

Notes:
As per recent official data, the doctor-population ratio is 1:834 in the country. There are 13,01,319 allopathic doctors registered with the State Medical Councils and the National Medical Commission (NMC) as on November, 2021.
Also, there are 2.89 lakh registered dentists, 32.63 lakh registered nursing personnel and 13 lakh allied and Healthcare Professionals in the country.

Notes:
The Department of Agriculture and Farmers Welfare released the Final Estimates of 2020-21 and First Advance Estimates of 2021-22 of Area and Production of various Horticultural Crops.
Total Horticulture production in 2020-21 is estimated to a record 334.60 Million Tonne, an increase of about 4.4% over that achieved in 2019-20. Production of Fruits and Vegetables is estimated to be 102.48 Million Tonne and 200.45 Million Tonne respectively. Total Horticulture production in 2021-22 is estimated to be 333.3 Million Tonne, (decrease of 0.4%) over 2020-21.

Notes:
Governor of Reserve Bank of India (RBI) Shaktikanta Das dedicated Varnika, the Ink Manufacturing Unit of Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL) to the nation in Mysuru.
It is a wholly owned subsidiary of the Reserve Bank of India (RBI). BRBNMPL has set up Varnika with an annual ink manufacturing capacity of 1,500 MT to enhance the security of banknotes. It aims to achieve cost efficiency and reduced import dependency.

Notes:
The Indian Air Force (IAF) has tied up with the Indian Oil Corporation Limited (IOCL) for ‘Fleet Card — Fuel on Move’ program.
The fleet card will enable IAF vehicles to refuel at any IOCL station, rather than the current practice of refuelling at only Air Force stations. This will be implemented for its fleet of vehicles that carry personnel, equipment and even bombs and missiles by road.