Current Affairs Quiz - September, 2022

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:
The Minister of State for Electronics and Information Technology (MeitY), Rajeev Chandrasekhar, is set to inaugurate India’s first lithium cell manufacturing facility at Tirupati, Andhra Pradesh
The unit has been set up by Chennai-based Munoth Industries with an outlay of Rs 165 crore. At present, India imports 100 percent of its lithium-ion batteries primarily from China, South Korea, Vietnam and Hong Kong.

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:
‘National Conference of Tourism Ministers of States & UTs’ is organised in Himachal Pradesh’s Dharamshala.
The conference is being organised by the Ministry of Tourism to discuss issues related to development of tourism in the country. Development of tourism infrastructure and sustainable tourism will be the focus of the conference.

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:
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:
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:
National Human Rights Commission (NHRC) Chairperson, retired Justice Arun Kumar Mishra has been elected as a member of the Governance Committee of the Asia Pacific Forum (APF).
He has also been elected as a member of the Global Alliance of National Human Rights Institutions (GANHRI) Bureau. The GANHRI is one of the world’s largest human rights networks.

Notes:
The Ethereum crypto-currency has announced a shift of its consensus algorithm from proof-of-work (PoW) to environment-friendly proof-of-stake (PoS).
With this event called ‘The Merge’, the energy used to maintain the whole Ethereum network will drop by 99.9 percent, which will result in a 0.2 percent decrease in world electricity use.

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.