Current Affairs Quiz - September, 2022

Notes:
The Oxfam India has released a new report titled ‘India Discrimination Report 2022’. As per the report, Gender discrimination is the reason for 98 per cent of employment gap between males and females in India.
It also shows that discrimination causes 100 per cent of employment inequality faced by women in rural areas in labour market and 98 per cent in urban areas. Self-employed males earn 2.5 times more than females, 83 per cent of which is attributed to gender-based discrimination.

Notes:
Union Science and Technology Minister Jitendra Singh is set to lead an Indian delegation at Global Clean Energy Action Forum at Pittsburg in the US.
Ministers from over 30 countries will participate in the event to discuss ways to accelerate clean energy innovation and deployment.

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:
Tata Group-owned airline Air India has recently launched its transformation plan named ‘Vihaan.AI’. The plan has outlined a detailed roadmap for the next five years to establish itself as a world-class airline.
Vihaan.AI will focus on five main points– exceptional customer experience, robust operations, industry-best talent, industry leadership and commercial efficiency and profitability.

Notes:
Indian IT major Wipro has terminated the services of 300 employees, who were found to be working for its competitors simultaneously.
The act is also called as ‘Moonlighting’. Companies worry that this practice might create a conflict of interests, data breaches, and mis-use of company’s Intellectual Property (IP) and assets.

Notes:
Defence Ministry signed deal for dual role Surface-to-Surface BrahMos missile with BAPL (BrahMos Aerospace Pvt. Ltd)
The additional dual –role (land and anti-ship) capable BrahMos missiles will be acquired at Rs 1,700 crore under ‘Buy-Indian’ category. BrahMos Aerospace (BAPL) is a joint venture between India and Russia.

Notes:
India’s Public sector lender UCO Bank is the first bank to receive the Reserve Bank of India’s (RBI’s) approval for rupee trade.
The Kolkata-based bank will open a special vostro account with Gazprombank of Russia for trade settlement in Indian rupees. In July, RBI announced its decision to allow Indian banks to settle trade in Indian currency in July. RBI also allowed trade settlements between India and other countries, including Sri Lanka and Russia.

Notes:
Central Public Sector Enterprise- REC Limited, formerly called as the Rural Electrification Corporation has been accorded the ‘Maharatna’ status.
An order to this effect was issued by the Department of Public Enterprises, under the Ministry of Finance. REC is a Non-banking Finance Company which focuses on Power Sector Financing and Development across India. With the grant of ‘Maharatna’ status, REC can also enter into technology Joint Ventures or other strategic alliances.

Notes:
Edible oil trade associations from India, Pakistan, Sri Lanka, Bangladesh and Nepal announced the setting up of Asian Palm Oil Alliance (APOA).
These are the five major palm oil importing countries in South Asia. Atul Chaturvedi, President, Solvent Extractors’ Association of India (SEA) has been named the first chairman of APOA. The aim of the association is to gain bargaining power and make imports sustainable.

Notes:
The report titled ‘Food Barons 2022, Profiteering, Digitalization and Shifting Power’ was released recently.
The report says that the geographic center of power of the food barons is shifting east. It reports that the China-based Syngenta Group is the world’s largest agrochemical input firm.