Current Affairs Quiz - November, 2022

Notes:
Under section 45ZN of the RBI Act, the central bank is required to submit a report to the government explaining the reasons and remedial actions it would take, in case of failure to maintain its inflation target for three consecutive quarters.
For the first time since the implementation of the monetary policy framework in 2016, the central bank has called a special meeting of the Monetary Policy Committee (MPC). It will submit a report to the government, as the retail inflation rate is above six per cent target for three consecutive quarters from January 2022.

Notes:
The Prime Minister Narendra Modi recently dedicated Maze Garden and Miyawaki Forest in Ekta Nagar, Gujarat.
The Miyawaki Forest is named after the technique developed by a Japanese botanist and ecologist Dr Akira Miyawaki to plant saplings of various species close to each other which develops into a dense urban forest.

Notes:
The 98th year celebration of World Thrift Day is marked on 30th October in India. The first International Thrift Congress which was held in Milan, Italy in 1924 had declared October 31 as the World Thrift day.
The aim of celebrating this day is to change our behaviour towards the saving and constantly reminds us the importance of wealth. This year the theme is ‘Saving prepares you for the future.’

Notes:
Indian shooters ended the ISSF World Championships campaign with the best-ever record of 38 medals, which placed India second in the tally after China.
The rifle/pistol competitions were held at Egyptian capital Cairo while shotgun competitions were held at Osijek, Croatia. In the previous world championships in Changwon, Korea in 2018, Indian squad finished with 27 medals. India also bagged three 2024 Paris Olympic quotas, this time.

Notes:
Mauna Loa is the largest subaerial volcano in both mass and volume. The world’s largest active volcano is located in the Hawaii Island rising to 13,679 feet above sea level.
Hawaii officials have warned the residents that the volcano is sending signals that it may erupt. As the volcano makes up 51% of the Hawaii Island landmass, a large portion of the island has the potential to be affected by an eruption.

Notes:
Union Minister of Chemicals and Fertilizers Dr. Mansukh Mandaviya inaugurated the India Chem 2022 at Pragati Maidan, New Delhi with the theme ‘Vision 2030: Chemicals and Petrochemicals Build India’.
The 12th edition of INDIA CHEM was organised in association with the Federation of Indian Chambers of Commerce and Industry (FICCI). India’s export of chemicals for 2021-22 has hit a record at USD 29,296 Million.

Notes:
The Reserve Bank of India (RBI) has launched the pilot for a central-bank-backed digital rupee for the wholesale segment.
RBI announced this in a statement on ‘Operationalisation of Central Bank Digital Currency-Wholesale (e ₹-W) Pilot’. The nine banks selected for the pilot are State Bank of India, Bank of Baroda, Union Bank of India, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Yes Bank, IDFC First Bank and HSBC.

Notes:
The Philippines has recorded 72 deaths from Tropical Storm Nalgae that caused floods and landslides in southern provinces.
Maguindanao province was the most affected region with 67 people dead. Several people were injured and went missing. An average of 20 tropical storms hit the Philippines annually.

Notes:
The first of its kind ‘Fish Museum’ in the Northeast India would be built in Arunachal Pradesh. The existing Tarin Fish Farm (TFF) in the state would be upgraded as the Integrated Aqua Park (IAP), where the museum would come up
Three years ago, one IAP has been sanctioned for each state and Union territory under the Pradhan Mantri Matsya Sampad Yojana (PMMSY).

Notes:
50 United Nations member countries issued a joint statement that condemned the Chinese government’s persecution of Uyghurs in Xinjiang.
The 50 signatories included the United States, Britain, Japan, France, Germany, Australia, among others. The statement was presented to UN member states by Canada at a meeting of the UN General Assembly’s Third Committee.