Current Affairs Quiz - March 2022

Notes:
The National Bank for Agriculture and Rural Development has sanctioned financial assistance of Rs 4,013 crore to Odisha, the highest in the country.
The assistance has been sanctioned for critical rural infrastructure development under the Rural Infrastructure Development Fund (RIDF) during 2021-22.

Notes:
The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) Summit is hosted by Sri Lanka in 2022.
BIMSTEC Charter and BIMSTEC Master plan for Transport Connectivity are proposed to be signed during the Sri Lanka Summit. BIMSTEC was established in 1997, and it comprises seven member states Bangladesh, Bhutan, India, Nepal, Sri Lanka, Myanmar and Thailand.

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:
The President of India Ram Nath Kovind presented the prestigious President’s Colour to INS Valsura. The advanced Torpedo Training Facility was created in 1942 for the Royal Indian Navy during World War-II.
After India became a Republic, it was renamed as INS Valsura on 01 Jul 1950. The President’s Colour is presented upon a military unit in recognition of exceptional service rendered to the Nation, both in peace and in war.

Notes:
The Udaan project was launched by the Rajasthan government in collaboration with a consulting group ‘IPE Global’.
The project aims to keep girls in schools through their enrolment at the secondary level and also ensures that the eligible ones get their scholarships. It has strengthened the scholarship delivery system through IT-enabled services.

Notes:
Small industries development bank of India (SIDBI), has entered into a memorandum of understanding (MoU) with Meghalaya infrastructure development and finance corporation.
It is a government body to develop the micro, small and medium enterprises (MSME) ecosystem in the state. Under the MoU, SIDBI and Meghalaya government will work to ensure the development of the MSME ecosystem in the state.

Notes:
Double Olympic medallist P.V. Sindhu defeated Thailand’s Busanan Ongbamrungphan to win the Swiss Open Super 300 badminton tournament in Basel.
P V Sindhu won her second title in Basel in straight games with a score-line of 21-16, 21-8. Sindhu earlier won the Syed Modi India International in January. India’s HS Prannoy lost the men’s singles final in Basel to Jonathan Chritie.

Notes:
As part of Azadi Ka Amrit Mahotsav celebrations, the National Mission for Clean Ganga (NMCG) organized Yamunotsav, at ITO Yamuna Ghat to celebrate the glory of Yamuna with a pledge to keep it clean.
NMCG is funding the construction of sewerage infrastructure for River Yamuna amounting to around Rs. 2300 crore.

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.

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”.