Current Affairs Quiz - October, 2022

Notes:
As per the government data, over 69% of houses constructed under the Pradhan Mantri Awas Yojana (PMAY), are either wholly or jointly owned by women in rural areas.
The data also showed that as on September 29, 2022, a total of two crore houses had been constructed out of the 2.46 crore houses that were sanctioned.

Notes:
On the occasion of Gandhi Jayanti, the State Bank of India launched the 4th phase of the ‘SBI Gram Seva’ program.
The bank announced that it will adopt 30 remote villages across Aspirational Districts in Haryana, Gujarat, Maharashtra, Punjab, Tamil Nadu, and West Bengal. The bank would take active intervention in areas like education, healthcare, livelihoods, and infrastructure.

Notes:
The Nobel Prize for Physics 2022 is being shared by three scientists, Alain Aspect, John F Clauser and Anton Zeilinger, for their work on quantum mechanics.
The three scientists conducted a series of experiments on entangled quantum states, where two separate particles behave like a single unit. Their results will have implications in the fields of quantum computers, quantum networks and secure quantum encrypted communication.

Notes:
The Central Bureau of Investigation (CBI) carried out searches against cyber criminals involved in financial crimes at 105 locations across India.
Named as ‘Operation Chakra’, the action was taken after inputs from Interpol, FBI, Royal Canadian Mountain Police and Australian Federal Police. A large amount of digital evidence, cash and gold have been recovered during these searches.

Notes:
A Russian cosmonaut was launched from the U.S. for the first time in 20 years, in a SpaceX rocket.
The Russian cosmonaut rocketed to the International Space Station alongside NASA and Japanese astronauts despite tensions over the war in Ukraine.

Notes:
Organization of the Petroleum Exporting Countries (OPEC) is an intergovernmental organization of 13 countries. It is headquartered at Vienna, Austria.
OPEC and its Russia-led allies have agreed to cut oil production by two million barrels a day at its Vienna meeting. This is the deepest cuts to oil production since the 2020 COVID pandemic. The cut is expected spur a recovery in oil prices that have dropped on fears of a global economic recession, rising US interest rates.

Notes:
The country’s largest two-wheeler maker Hero MotoCorp entered into the electric vehicle segment with the launch of its first electric scooter VIDA V1.
The VIDA V1 will compete with the likes of Bajaj Chetak, TVS iQube, Ather Energy, Hero Electric, Ola Electric among others. Hero Motocorp announced to invest USD 60 million in US-based Zero Motorcycles to jointly develop electric motorcycles. It already has a stake Ather Energy.

Notes:
Insurance penetration is measured as the percentage of insurance premiums to GDP. In India, the insurance penetration is estimated at a little over 3 per cent.
HDFC Life, one of the country’s leading Insurance Companies, has recently launched the ‘Insure India’ campaign. The campaign aims to educate Indians on the benefits of life insurance as a product category.

Notes:
The government has approved the creation of a Weapon System branch for officers in the Indian Air Force (IAF).
As per Air Chief Marshal V.R. Chaudhari, this new branch will lead to unification of all weapon system operators under one entity and this will save Rs. 3,400 crore for the government exchequer. This is the first time since Independence that a new operational branch is being created.

Notes:
Union Minister for Heavy Industries Dr. Mahendra Nath Pandey inaugurated ‘Conference on Industry 4.0: Challenges Ahead and Way Forward’, at Kevadia Gujarat.
The Conference is aimed at sensitising industrial sectors in the country to adopt digital manufacturing processes and to promote automation and innovation in the industry. ‘Model Smart Factory and Assessment Tools’ was also inaugurated on the occasion.