Current Affairs Quiz - September, 2022

Notes:
The Prime Minister’s Employment Generation Programme (PMEGP) is a flagship scheme of the Ministry of MSME.
Khadi and Village Industries Commission (KVIC) recently inaugurated 72 Units assisted under PMEGP and Disbursed Margin Money Subsidy to 720 PMEGP Beneficiaries. KVIC is the nodal Agency at the national level to implement this credit linked subsidy scheme.

Notes:
Maharashtra government has announced that it is planning to set up an institution on the lines of NITI Aayog.
The institution would be responsible to perform comprehensive data analysis and make decisions on various sectors in the state. NITI Aayog has also carried out an extensive study on similar issues and developed a tool, where inter-related data from various departments is analysed for a better decision-making process.

Notes:
Tropical Cyclone Fiona strengthened into a hurricane as it hit Puerto Rico, a Caribbean island and unincorporated U.S. territory.
The National Weather Service warned that the Blanco River in the southeast coastal town of Naguabo had surpassed its banks and urged people living nearby to move immediately.

Notes:
A Beijing-based gene firm successfully cloned a wild Arctic wolf for the first time in the world. The wild Arctic wolf is also called as the white wolf or polar wolf.
The animal is native to the High Arctic tundra of Canada’s Queen Elizabeth Islands. The cloning is regarded as a milestone achievement in conserving rare and endangered species. Maya’s donor cell came from skin sample of wild female Arctic wolf, while its oocyte came from a female dog. Maya’s surrogate mother is a beagle dog.

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:
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:
‘India Hypertension Control Initiative (IHCI)’ is a hypertension intervention under the National Health Mission of India. It is a collaborative initiative of Union Health Ministry, Indian Council of Medical Research (ICMR), state governments and World Health Organization-India.
IHCI won the ‘2022 UN Interagency Task Force and WHO Special Programme on Primary Health Care Award’ was announced at the UN General Assembly side event.

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:
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.