Current Affairs Quiz - September, 2022

Notes:
Vigyan Pragati is a popular science magazine released by Council of Scientific and Industrial Research (CSIR).
The magazine has received the National Rajbhasha Kirti Award at the Second All India Rajbhasha Sammelan held at Surat from Department of Official Language, Ministry of Home Affairs. ‘Vigyan Pragati’ magazine aims at communicating Science and Technology to the masses in simple language.

Notes:
Jean-Luc Godard, one of the important figures of the French New Wave cinema, recently passed away at the age of 91.
He is said to have chosen to end his life through assisted suicide, a practice allowed under Switzerland law. Jean-Luc Godard is recognised as the one of the most influential directors in the history of cinema and he was awarded several prestigious awards including the Honorary Academy Award.

Notes:
The International Equal Pay Day is observed annually to highlight gender pay gap. It is a United Nations-recognized event that falls on September 18.
International Equal Pay Day was first observed back in 1996 by the National Committee on Pay Equity. The main aim of the event is to end the history of gender discrimination that women are facing across the world.

Notes:
The Reserve Bank of India has asked Urban Cooperative Banks (UCBs) with deposits above Rs 10,000 crore to appoint a chief compliance officer (CCO) by April 01, 2023.
This decision aims to improve corporate governance in these banks, which are categorised as tier-4 entities. For tier-3 banks with deposits above Rs 1,000 crore and less than Rs 10,000 crore, deadline to appoint CCO is till October 01, 2023. For UCBs under tier-1 (with deposits up to Rs 100 crore) and tier-2 (with deposits more than Rs 100 crore and up to Rs 1,000 crore) the existing norms will continue.

Notes:
As per recent data, as many as 1,703 Corporate Insolvency Resolution Processes (CIRPs) ended up in liquidation orders till June 2022. The processes took an average of 428 days for liquidation.
The Insolvency and Bankruptcy Board of India (IBBI) has amended regulations to allow sale of one or more assets of an entity undergoing insolvency resolution process. The amendments aim to provide better market-linked solutions for stressed companies.

Notes:
As many as 8 Cheetahs have been brought from Namibia and are being introduced in India under Project Cheetah.
It is the world’s first inter-continental large wild carnivore translocation project and Rehabilitation Project. Out of the eight Cheetahs there are five female and three male, as per the Cheetah Mitras and Cheetah Rehabilitation Management Group.

Notes:
The Film Federation of India has announced the Gujarati film, Chhello Show as India’s official entry to the Oscars 2023.
The film, which is titled Last Film Show in English, has been selected in the Best International Feature Film category. Chhello Show revolves around a 9-year-old boy who resides in a remote village in India and his love affair with cinema. The film is directed by Pan Nalin.

Notes:
The Union Ministry of Power has proposed for the Market-Based Economic Dispatch (MBED) mechanism.
The MBED mechanism seeks a centralized scheduling for dispatching the entire yearly consumption of electricity. However this system is expected to interfere in the autonomy of states in managing their electricity sector. Distribution companies, owned by the state governments will become dependent on the centralized mechanism.

Notes:
Defence Accounts Department (DAD) signed a memorandum of understanding with Bank of Baroda and HDFC Bank, to onboard them as Service Centres under the System for Pension Administration (SPARSH) initiative.
The MoU will onboard around 8000 branches of Bank of Baroda and 6000 branches of HDFC Bank as Service Centres to provide last mile connectivity to pensioners.

Notes:
The Breakthrough Prizes was created in 2010 by a group of Silicon Valley entrepreneurs, including a venture capitalist Milner, Mark Zuckerberg and his wife, Priscilla Chan, of Facebook and Sergey Brin of Google.
The 2023 winners of the Breakthrough Prizes, also known as the ‘Oscars of Science’ were announced recently in the life sciences category, one for mathematics and one for physics. The winners will split a total of more than USD 15 million.