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 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:
Luiz Inácio Lula da Silva has won Brazil’s presidential election by a small margin of 2 million votes thereby defeating incumbent Jair Bolsonaro.
Although the Left-wing former leader Lula wins presidency, incumbent far-right contender Jair Bolsonaro has not conceded his defeat yet. The election marked the first time that the sitting president failed to win re-election.

Notes:
Indian pair of Satwiksairaj Rankireddy and Chirag Shetty clinched the French Open Super 750 title with a straight-game victory over Chinese Taipei in the men’s doubles final.
Satwik and Chirag, who were the runners-up in the 2019 edition, have won the Indian Open super 500, Commonwealth Games gold, Thomas Cup and World Championships bronze. They have also won world tour titles such as hte 2019 Thailand Open and the 2022 Indian Open.

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 United Nations General Assembly observes 2 November as the ‘International Day to End Impunity for Crimes against Journalists’ (IDEI), since 2013.
The date for IDEI was chosen to commemorate the assassination of two journalists in Mali on November 2, 2013. The day draws attention to impunity, which means culprits going unpunished, to crimes against journalists.

Notes:
The Ministry of Education has released the Performance Grading Index (PGI) for States and Union Territories for 2020-21.
The index has evidence-based comprehensive analysis of school education systems across States and UTs. A total of seven States and UTs namely Kerala, Punjab, Chandigarh, Maharashtra, Gujarat, Rajasthan, and Andhra Pradesh have attained Level -2 grading in 2020-21. PGI 2020-21 classified the States and UTs into ten grades of which the highest achievable Grade is Level 1.

Notes:
SpaceX launched its Falcon Heavy rocket, sending several U.S. military satellites into orbit. This is the most powerful launched ever from the Earth.
This was SpaceX’s 50th launch of 2022 as SpaceX’s workhorse Falcon 9 rocket has launched 49 missions so far this year. The present pace of the space company is a launch every 6.10 days.

Notes:
As per the 2022 WTW Global Gender Wealth Equity report, women will have 74 per cent of the wealth accumulated by men, when they retire.
In Asia-Pacific (APAC), India had the worst gender wealth gap (64 per cent), more than the global average. A major factor for this is India’s gender pay gap for professional and technical roles. Another factor is that opportunities for women in leadership positions are limited, with only 3 per cent of women in workforce at senior positions.

Notes:
India’s defunct Radar Imaging Satellite-2 (RISAT-2) re-entered the earth atmosphere in an uncontrolled manner and hit the Indian Ocean near Jakarta.
The re-entry of the satellite was monitored by Indian Space Research Organisation (ISRO) with the Multi Object Tracking Radar (MTOR) at the Sriharikota rocket port. The 300 kg RISAT-2 surveillance satellite was launched in April 2009, using the Polar Satellite Launch Vehicle (PSLV), with a design life of four years.