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 fourth edition of the Bangladesh Film Festival is being hosted in Kolkata. 37 films and documentaries from Bangladesh will be screened at the five-day event.
This will be the fourth year, that the Bangladesh Film Festival is being organised in Kolkata. The Cultural Events like book fairs and film festivals strengthen the bond between India and Bangladesh as well as West Bengal and Bangladesh.

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:
Uttar Pradesh Chief Minister Yogi Adityanath inaugurated North India’s first hyper-scale data centre ‘Yotta D1’.
It was built at the cost of Rs 5,000 crore and spread over an area of 3,00,000 square feet. MoUs worth Rs 39,000 crore were also signed between the state Government and Hiranandani Group to be spent on projects. This data centre park will have a total of 6 data centres.

Notes:
World Cities Day is celebrated on October 31 every year to highlight the need for international cooperation to promote global urbanisation.
A different city hosts the event each year and China’s Shanghai is hosting the event this year. ‘Better City, Better Life’ has been the general theme of World Cities Day since its inception. The sub-theme this year is ‘Act Local to Go Global.’

Notes:
‘Operation Vigilant Storm’ is a Defence exercise conducted between USA and Republic of Korea (South Korea).
The four-day training exercise involves hundreds of aircraft and designed to enhance combat readiness and interoperability. The exercise has sparked opposition from North Korea’s Foreign Ministry.

Notes:
External Affairs Minister Dr. S. Jaishankar represented India in the Meeting of Shanghai Cooperation Organisation (SCO) Council of Heads of Government.
Dr. Jaishankar also expressed interest in expanding India-SCO trade on the basis of fair market access. A Joint Communique of SCO Heads of Government and other Decisions were adopted at the conclusion of the Meeting.

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:
The United Nations Educational, Scientific and Cultural Organization (UNESCO) has warned that several world heritage sites may become glacier-free by 2050.
As per the survey of 18,600 glaciers at 50 world heritage sites, it was found that the glaciers at one-third of these sites will perish because of global warming.