Current Affairs Quiz - September, 2022

Notes:
As per the Chainalysis 2022 Global Crypto Adoption report, India stands fourth in Global Crypto Adoption Index 2022.
For the second consecutive year, Vietnam is ranked first in cryptocurrency adoption and India stood at 4th place with an index score of 0.663.  United States (US) has moved up to fifth while China re-entered the top ten of the index despite its ban on all crypto currency trading.

Notes:
Kazakhstan’s President Kassym-Jomart Tokayev has signed a law limiting presidential terms and reverting to the old name of the country’s capital to Astana.
The bill extends presidential mandates to a seven-year term, from five. It also bars any president from running for a second term in office. The bill also reinstated the capital’s name to Astana, whose name was changed to Nur-Sultan in 2019, in honour of outgoing President Nursultan Nazarbayev.

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:
Union Minister of Education and Skill Development Dharmendra Pradhan launched the SCALE (Skill Certification Assessment for Leather Employees) app.
It provides a one-stop solution for skilling, learning, assessment, and employment needs of the leather industry. He launched the application during a visit to CSIR-Central Leather Research Institute, Chennai.

Notes:
The Asian Development Bank (ADB) has recently released a supplement to its Asian Development Outlook (ADO).
As per the report, the 2022-23 growth projection for India’s economy was slashed to 7% from 7.5% estimated in April. The report says that India’s inflation has turned out to be more persistent than expected, and led to a sharp tightening in monetary policy, eroding consumers’ purchasing power.

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:
World Rhino Day is celebrated every year on September 22 to raise awareness about the five rhino species including the greater one-horned rhino, Sumatran rhino, Javan rhino, black rhino and white rhino.
The theme for this year’s World Rhino Day is ‘Five Rhino Species Forever.’ The rhino species is on the verge of extinction due to poaching, climate change and disturbance in the natural habitat.

Notes:
QUAD countries recently signed Humanitarian Assistance Disaster Relief Guidelines at a meeting in New York.
The Foreign Ministers of Australia, India and Japan and Secretary of State of the United States signed the Guidelines for the ‘Quad Partnership on Humanitarian Assistance and Disaster Relief (HADR) in the Indo-Pacific’. This partnership was announced by Quad Leaders in Tokyo in May 2022.

Notes:
Uttar Pradesh legislative assembly passed the Code of Criminal Procedure (Uttar Pradesh Amendment) Bill 2022 which bars granting of anticipatory bail to rape accused.
A provision has been made to not grant anticipatory bail to those accused of offences under the POCSO Act and misconduct with women. The amendment bill empowers a claims tribunal to compensate anyone killed in riots with Rs 5 lakh.