Current Affairs Quiz - October, 2022

Notes:
Uttar Pradesh cabinet approved a Micro Small Medium Enterprises Promotion Policy (MSME) 2022 and Uttar Pradesh Bioenergy Policy-2022.
The state cabinet also approved a proposal to reorganise the State Planning Commission as the State Transformation Commission (STC) on the pattern of the Niti Aayog. STC would act as a policy think tank to the government as well as perform the work of planning commission.

Notes:
Universal Service Obligation Fund (USOF), a body under the Department of Telecommunications, (Ministry of Communication) officially launched Telecom Technology Development Fund (TTDF) scheme.
The scheme aims to promote indigenous manufacturing and innovation in the sector. TTDF aims to fund research and development in rural-specific communication technology applications.

Notes:
The National Green Tribunal (NGT) has directed the Odisha state government to sanction budgetary allocation of Rs 4967 lakh towards rejuvenation of Sukapaika Drainage Channel project by March 2023.
The NGT directed to rejuvenate the dead river, to mitigate the drinking water crisis of at least three blocks of Cuttack district.

Notes:
Uttarakhand CM Pushkar Singh Dhami announced the repeal of the decision to denotify the Shivalik Elephant Reserve.
Two years ago, the state decided to chop around 10,000 trees in the Shivalik Elephant Reserve reserve to ‘expand’ the airport in Dehradun. The decision was taken for the larger good of the state’s flora and fauna’.

 

Notes:
The World Trade Organization (WTO) slashed its forecast for global trade volume growth to 1 per cent from 3.4 per cent estimated earlier.
The Geneva-based body said that world trade may lose momentum in the second half of 2022 and remain subdued in 2023. WTO revised upward its merchandise trade growth forecast for 2022, to 3.5 per cent from its April estimate of 3 per cent.

Notes:
International Solar Alliance’s Fifth Assembly is to be hosted by India in New Delhi on October 17-20, 2022.
Union Minister for Power and New and Renewable Energy RK Singh unveiled the curtain raiser to the Fifth Assembly of ISA. India holds the office of the President of the ISA Assembly. The Fifth Assembly will deliberate on key initiatives of ISA on three critical issues: energy access, energy security, and energy transition.

Notes:
The Reserve Bank of India has approved the appointment of Prashant Kumar as Managing Director & Chief Executive Officer (MD &CEO) of Yes Bank for three years.
Earlier, the alternate Board of the private sector lender recommended to the Reserve Bank of India for its approval for the appointment. Before joining Yes Bank, Prashant Kumar was Deputy Managing Director & CFO of the State Bank of India (SBI).

Notes:
Leading private sector bank of India, HDFC Bank, announced the launch of SmartHub Vyapar Merchant app.
It is a payments and banking solution for small and medium-sized businesses. HDFC Bank has developed the SmartHub Vyapar app in partnership with a merchant Saas platform, Mintoak Innovations India. The app enables merchants to accept payments across multiple payment modes.

Notes:
On 9 October 1946, the Indian government had established the Indian Foreign Service for India’s diplomatic, consular and commercial representation overseas.
After independence, there was a transition of the Foreign and Political Department into the new Ministry of External Affairs. To mark the occasion, the Indian Foreign Service (IFS) Day is celebrated on October 9 every year.

Notes:
North Korea fired two ballistic missiles into the sea, just hours after a nuclear-powered US aircraft carrier concluded joint drills off the Korean peninsula.
It is also the seventh such launch in two weeks. Japan, South Korea and USA have ramped up combined naval exercises in recent weeks.