Current Affairs Quiz - September, 2022

Notes:
Company Law Tribunal (NCLT) recently approved the merger of Exide Life Insurance with HDFC Life Insurance.
Earlier this year, HDFC Life had announced acquisition of 100 per cent stake in Exide Life from its parent Exide Industries. The amalgamation is subject to the final approval of the Insurance Regulatory and Development Authority of India (IRDAI).

Notes:
Regulatory technology (Regtech) is a new technology which uses information technology to enhance regulatory and compliance processes.
SEBI Chairperson Madhabi Puri Buch recently launched Federation of Indian Chambers of Commerce & Industry’s (FICCI) initiative to strengthen compliance with a tech-based solution. It is supported by a regulatory technology (Regtech) solutions company. It allows tracking of over 2,000 SEBI compliances and auto-generation of select SEBI disclosures.

Notes:
Iran signed a formal MoU to become a permanent member of the Shanghai Cooperation Organisation (SCO) in 2023.
Iranian President Ebrahim Raisi became the first Iranian president in 20 years to visit Uzbekistan, by attending the SCO Summit. Iran acquired observer status in the organisation in June 2005. Its bid for full membership was approved in September 2021 after a wait of 15 years.

Notes:
The Indian Council of Agriculture Research (ICAR) has entered into an agreement with Biovet Private Ltd. for the commercial production of the indigenous vaccine of Lumpy Skin Disease (LSD) called ‘Lumpi-ProVacind’.
The agreement for transfer of technology is the first of the series of tie-ups that Agrinnovate are set to tie-up for grant of non-exclusive license of ‘Lumpi-ProVacind’. Agrinnovate is the commercial arm of ICAR.

Notes:
Bengaluru FC and their captain Sunil Chhetri won their maiden Durand Cup football tournament title after beating Mumbai City FC in the final clash.
The 38-year-old Sunil Chhetri clinched his first Durand Cup. Bengaluru FC has achieved first Durand Cup victory since coming into existence in 2013.

Notes:
‘João Lourenço’ has sworn in as the President of Angolan for a second term in the Central African country’s capital- Luanda.
The results of the Elections were heavily disputed by the opposition. The Popular Movement for the Liberation of Angola (MPLA), which was in power since independence from Portugal in 1975, won the elections.

Notes:
India, the UAE and France held their first trilateral Foreign Ministers’ meeting in New York on the sidelines of a UN General Assembly (UNGA) session.
The Ministers discussed contemporary ways of doing diplomacy with a focus on active exchange of ideas between strategic partners and UNSC members. India’s External Affairs Minister S Jaishankar also met UN General Assembly President and had bilateral meetings with his counterparts from across the world.

Notes:
Indian Naval Ship Ajay (P34) was decommissioned recently after 32 years of distinguished services to the nation. The decommissioning ceremony was held at Mumbai’s Naval Dockyard.
INS Ajay was an Abhay class anti-submarine warfare corvette of Western Naval Command. The ship was commissioned on January 24, 1990. It was posted on various deployments including Operation Talwar during the Kargil War in 1999 and Operation Parakram in 2001.

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 Securities and Exchange Board of India (SEBI) has unveiled a detailed framework for Social Stock Exchange (SSE).
It specifies minimum requirements for a Not-for-Profit Organisation (NPO) for registration and disclosure requirements. The capital markets regulator SEBI earlier notified rules for Social Stock Exchange (SSE) to provide social enterprises with an additional avenue to raise funds.