Current Affairs Quiz - November, 2022

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:
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:
The University Grants Commission (UGC) has instructed all higher educational institutions to observe a ‘Bharatiya Bhasha Divas’ on December 11 every year.
The Day aims to celebrate language harmony and promote Indian languages. The move came after recommendations of a committee constituted by the Ministry of Education last year to emphasise the importance of Indian languages.

Notes:
Ace racing driver Max Verstappen won the Mexico Grand prix title in the year 2022. Lewis Hamilton came in second position and his Red Bull teammate, Sergio Pérez, came in third position.
With his 14th win this year Verstappen has made the record as the driver with the most victories across a single F1 season. In 20 races he has surpassed the figure previously held by Michael Schumacher, who took 13 from 18 races and Sebastian Vettel, who took 13 from 19 races.

Notes:
Union Minister of Commerce and Industry Piyush Goyal had a virtual meeting with his Australian counterpart.
The Meeting was held to discuss the status of ratification of IndAus ECTA (India-Australia Economic Cooperation and Trade Agreement), which was signed in April 2022. The pact’s early implementation was also deliberated upon.

Notes:
India presented a cheque of USD 2.5 million to the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA).
This is the second tranche of the pledged USD 5 million annual support, to serve the schools, health centres and other basic services run by the organisation to support Palestinian refugees.

Notes:
The Cabinet Committee on Economic Affairs (CCEA) approved nutrient-based subsidy (NBS) rates for P&K fertilisers for the 2022-23 rabi season.
The government approved a subsidy of Rs 51,875 crore for phosphatic and potassic (P&K) fertilisers for the second half of 2022-23. The scheme is implemented by the Ministry of Chemicals and Fertilisers. The government makes available fertilisers to farmers at subsidised prices through fertiliser manufacturers/importers.

Notes:
The Defence Research & Development Organisation (DRDO) conducted a successful maiden flight-test of Phase-II Ballistic Missile Defence (BMD) interceptor AD-1 missile.
The missile was tested with large kill altitude bracket from APJ Abdul Kalam Island off the coast of Odisha. The AD-1 is a long-range interceptor missile designed for both low exo-atmospheric and endo-atmospheric interception of long-range ballistic missiles as well as aircraft.

Notes:
The Karnataka government gave directions to the schools and pre university colleges in the state to ensure 10 minutes meditation session for students.
The meditation ‘dhyan’ session is already being conducted at schools in many districts of the state. The requests have been made to allow meditation classes for 10 minutes in all schools and colleges across the state. It aims to increase concentration, health, and good thoughts of the state.

Notes:
Uttar Pradesh Cabinet gave its nod to the state’s new ‘Investment and Employment Promotion Policy, 2022’.
The new policy categorises investments into four major categories – Large, Mega, Super Mega and Ultra Mega. The new policy will provide attractive incentives for the development of private industrial parks.