Current Affairs Quiz - September, 2022

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:
Indian Council of Agricultural Research (ICAR) has organised the Hackathon 3.0 ‘KRITAGYA’ for promoting ‘speed breeding for crop improvement’.
ICAR, along with its National Agricultural Higher Education Project and Crop Science Division, is organizing the event. Students, faculty and innovators across the country can apply and participate as a group and can collaborate with local start-ups.

Notes:
The Oxfam India has released a new report titled ‘India Discrimination Report 2022’. As per the report, Gender discrimination is the reason for 98 per cent of employment gap between males and females in India.
It also shows that discrimination causes 100 per cent of employment inequality faced by women in rural areas in labour market and 98 per cent in urban areas. Self-employed males earn 2.5 times more than females, 83 per cent of which is attributed to gender-based discrimination.

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:
The full week ending on the last Sunday of September is observed as the International Week of the Deaf (IWD), every year.
In 2022, IWD is being observed from September 19 to 25 September 2022. The theme of the 2022 International Week of Deaf People is “Building Inclusive Communities for All”. The IWD is an initiative of the World Federation of the Deaf (WFD) and was first launched in 1958 in Rome.

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.

Notes:
India and Egypt have agreed to identify proposals for expanding cooperation between defence industries of the two countries.
Defence Minister Rajnath Singh held bilateral talks with his Egyptian counterpart in Cairo. They signed a MoU on cooperation in the field of defence for enhancing defence cooperation across all sectors of mutual interest. The Egyptian Defence Minister was invited to India-Africa Defence Dialogue and IOR Defence Ministers’ Conclave to be held as part of Defence Expo in Gandhinagar.

Notes:
The Reserve Bank of India (RBI) Governor, Shaktikanta Das recently launched three key digital payment initiatives at the Global Fintech Fest 2022.
The initiatives include RuPay Credit Card on UPI, UPI LITE, Bharat BillPay Cross-Border Bill Payments. Through UPI Lite on BHIM App, users will be able to make small-value transactions in near-offline mode. The upper limit of a UPI Lite payment transaction will be ₹200. The total limit of the UPI Lite digital payment mode on the wallet on a device would be ₹2,000 at any point in time.

Notes:
Union Communications Ministry has prepared the draft Indian Telecommunication Bill, 2022 and invited from stakeholders and industry associations.
In July 2022, a Consultation Paper on ‘Need for a new legal framework governing Telecommunication in India’ was published. Based on the consultations and deliberations, the Ministry has prepared the draft Bill to develop a modern legal framework in telecommunications.