Current Affairs Quiz - September, 2022

Notes:
Roger Federer, regarded as one of the greatest Tennis players in the world, announced that he is retiring from professional tennis at age 41
The former World No. 1 from Switzerland announced that the upcoming edition of the Laver Cup will be his final ATP tournament. Federer has played more than 1500 matches over 24 years, winning 20 Grand Slam titles. He became the oldest World No. 1 at the age of 36 in 2018.

Notes:
The West Bengal Assembly passed the ‘West Bengal Scheduled Castes and Scheduled Tribes (Identification) (Amendment) Bill, 2022’.
The bill seeks to provide the Scheduled Caste (SC) and Scheduled Tribe (ST) communities of the state with opportunities to appeal against cancellation, refusal and revocation of caste certificates.

Notes:
Switzerland’s Holcim has completed the sale process of Ambuja Cement and ACC (Ambuja’s subsidiary) to the Adani Group for USD 6.4 billion, making it the second largest player.
This is the largest ever acquisition by Adani, and the largest ever Mergers and acquisitions (M&A) transaction in infrastructure and materials space in India. Ultratech Cement is India’s largest player with a market valuation of over ₹1.87 lakh crore.

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:
World Patient Safety Day is marked every year on 17 September to raise awareness regarding the safety of patients.
In May 2019, the World Health Assembly (Forum of WHO) established the World Patient Safety Day while adopting Resolution on “Global action on patient safety”

Notes:
India is set to host of the Governing Body session of ‘International Treaty on Plant Genetic Resources for Food and Agriculture’ (ITPGRFA).
The pact, which came in force in 2004, has been ratified by 149 countries. Member countries at the New Delhi summit of ITPGRFA are likely to reach a consensus on benefit-sharing of germ plasm which will provide access to better quality seeds.

Notes:
India’s Bajrang Punia recently won bronze in men’s 65 kg category at World Wrestling Championships in Belgrade.
With this medal, Bajrang Punia becomes first Indian to win four medals at world wrestling championships. He won bronze in 2013, silver in 2018 and bronze in 2019. Another Indian wrestler Vinesh Phogat captured a bronze medal in the women’s 53 kg category.

Notes:
World Alzheimer’s Day is being observed on September 21. This year the theme for world Alzheimer’s month 2022 is ‘Know dementia, Know Alzheimer’s’.
Alzheimer’s disease is the most common form of dementia. It is a progressive brain disease which results in loss of memory and thinking skills. It destroys the brain cells leading to memory loss, memory changes, erratic behaviour, and loss of body functions.

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:
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.