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:
Meghalaya government signed an MoU with the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGFTMSE), to facilitate flow of credit to the MSE sector.
The MoU was signed CGTMSE under the Union Ministry of MSME to implement the ‘Meghalaya Credit Guarantee Scheme’. Currently, loans taken by MSME borrowers are covered under CGTMSE against a risk coverage of 75 per cent of the loan amount under various MSME schemes.

Notes:
Uttar Pradesh’s Ranipur Tiger Reserve has become the 53rd tiger reserve of India. The tiger reserve is spread across over 529.36 sq km.
It is also the fourth tiger reserve in Uttar Pradesh and the three other tiger reserves being Dudhwa, Pilibhit and Amangarh. Ranipur tiger reserve is covered by northern tropical dry deciduous forests and is home to mammals like megafauna tiger, leopard, bear, spotted deer, sambhar, chinkara among others.

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:
Gross Goods and Services Tax (GST) collections rose to Rs 1,51,718 crore for October, for sales in September.
This the second highest level since the roll-out of the indirect tax regime in July 2017, after April 2022, as per the data released by the Finance Ministry. Monthly GST revenues have been above the Rs 1.4 lakh crore mark for the last eight months in a row.

Notes:
India Post Payments Bank (IPPB) set up under the Ministry of Communication, conducted India’s First Floating Financial Literacy Camp.
IPPB, in collaboration with Investor Education and Protection Fund Authority (IEPFA) under the aegis of Ministry of Corporate Affairs (MCA), launched the initiative called ‘Niveshak Didi’ to promote Financial Literacy “By the women, for the women” concept.

Notes:
The US Embassy and Treasury selected the municipal bond issued by the Vadodara Municipal Corporation for a case study on successful listing.
It also cited the bond as a benchmark for other civic bodies who are set to enter stock exchanges. US Embassy launched a book titled ‘All About Municipal Bond’ in New Delhi and VMC’s case study is a part of the book. VMC listed a five-year Rs 100 crore bond at the Bombay Stock Exchange (BSE).

Notes:
Grama Vandi, the city circular service of the Kerala Road Transport Corporation (KSRTC) won the national ‘Commentation Award in Urban Transport’ in the category of ‘City with the best Public Transport System’.
The ‘Grama Vandi’ was launched in association with local self-government institutions in the State. It also won the Award of Excellence in Urban Transport at the Urban Mobility India (UMI) conference, held in Kochi.

Notes:
In 2021, the Union government had declared 15th November as Janjatiya Gaurav Divas dedicated to the memory of brave tribal freedom fighters.
November 15 is the birth anniversary of Birsa Munda, an iconic freedom fighter, social reformer and revered tribal leader of the country. Education Ministry will celebrate Janjatiya Gaurav Diwas in schools and higher educational institutions across the country.