Current Affairs Quiz - March 2022

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:
Some desert foxes, found in the scrub forests of Rajasthan’s Jaisalmer district, are said to be suffering from loss of fur due to the ‘Mange skin disease’.
After locals spotted the disease in foxes, Wildlife conservationists have expressed concern on managing the disease. There were 8,331 foxes in the state according to the 2019 wildlife census of Rajasthan.

Notes:
Reserve Bank of India released the framework for geo-tagging of payment system touch points. Geo-tagging refers to capturing the geographical coordinates (latitude and longitude).
The framework aims to ensure proper monitoring of the availability of payment acceptance infrastructure including Point of Sale terminals, and Quick Response codes.

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:
“Jingkieng Jri: Living Root Bridge Cultural Landscapes of Meghalaya” has been included in the UNESCO World Heritage Site tentative list.
The Living Root bridges are home to several critically endangered species of flora and fauna. They were built by the indigenous people of Meghalaya, using the living roots of Ficus trees planted on both sides of a river.

Notes:
Ministry of MSME, Government of India and the Entrepreneurship Development Institute of India (EDII), Ahmedabad, organised a ‘Mega International Summit on MSMEs’ at the India International Centre, New Delhi.
The two-day summit was attended by entrepreneurs, academicians, policymakers, industry leaders,  industry associations, start-ups, social impact organizations, MSMEs and self-help groups from India and across the world.

Notes:
As many as 313 central sector and centrally sponsored schemes from 53 ministries have been onboarded on the DBT Bharat Portal.
The Direct Benefits Transfer (DBT) programme was launched to bring transparency through the transfer of subsidies to the beneficiaries through their bank accounts. There were 98 crore beneficiaries (cash) and 81.9 crore beneficiaries (kind) in 2020-21.

Notes:
The National Commission for Women (NCW) in collaboration with Delhi State Legal Services Authority (DSLSA) has launched a ‘Legal Aid Clinic’.
It will act as a single-window facility for resolving grievances of women by offering them free legal assistance. Women can access the facility to access free legal advice and counseling where legal services advocates in the panel of DSLSA will help women.

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).

Notes:
The National Education Society for Tribal Students (NESTS) was established under Ministry of Tribal Affairs (MoTA) in 2019.
NESTS recently celebrated its 4th Foundation Day on 2nd April in Jharkhand. The Institution was created to provide high quality education to the tribal students in their own environment. Ministry of Tribal Affairs and NESTS have targeted to complete construction of all 452 new schools and pending schools under the old scheme by 2025.