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 Centre has set a target of about Rs 1 trillion for National Bank for Financial Infrastructure and Development (NaBFID).
The limit has been set for sanctioning loans to the infrastructure sector in the next financial year. This government-backed Development Finance Institution (DFI) will start operations in the first quarter of the next financial year.

Notes:
Union Minister for Culture, Tourism & DONER G Kishan Reddy inaugurated the three-day North-East festival called ‘Ishan Manthan’ in New Delhi.
It included discussion on the indigenous faith of North East India, discussions on the unsung freedom fighters of the North East among others. The event will also provide information about films, art and handicrafts of the North East.

Notes:
According to the recent ‘Annual Frontier Report, 2022’ published by the United Nations Environment Programme (UNEP), Uttar Pradesh’s Moradabad is the second-most noise polluted city globally.
The area recorded noise pollution of 114 decibels at its highest (dB) in 2021, against the WHO standard of 55 dB. Dhaka tops the list of 61 cities around the world, which includes five Indian cities.

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:
During the 12th session of the Sansad Ratna Awards Committee, the inaugural Lifetime Achievement APJ Abdul Kalam Award given to 95-year-old veteran MLA of the Tamil Nadu assembly, Dr H V Hande, a former health minister. Former Karnataka chief minister Veerappa Moily, veteran MLA and MP, was also the recipient of this award.
Supriya Sule and Amar Patnaik are among 11 MPs who were honoured at the Sansad Ratna Awards 2022, awarded by the Prime Point Foundation.

Notes:
Indian Team emerged as the Champions of the 2022 SAFF U-18 Women’s Championships, despite losing 0-1 to Bangladesh.
The result was declared because of a better goal difference. India enjoyed a better goal difference of +11 in comparison to +3 of Bangladesh. The valuable player of the tournament and the highest goal scorer was Lynda Kom who scored five goals.

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:
The Ministry of Rural Development has notified fresh wage rates under rural job guarantee programme NREGS for financial year 2022-23.
Only 10 states got more than 5 per cent hike while three states had no change. The MGNREGA wage rates are fixed according to changes in the CPI-AL (Consumer Price Index-Agriculture Labour). The maximum rise is recorded in Goa where the new wage is Rs 315 per day in 2022-23.

Notes:
Prime Minister Narendra Modi paid tributes to Shyamji Krishna Varma on his death anniversary. He was born in the year 1857 in Mandvi, Gujarat, and passed away on March 30 in 1930 in Geneva.
Shyamji Krishna Varma founded the Indian Home Rule Society, India House and The Indian Sociologist in London.