Current Affairs Quiz - September, 2022

Notes:
World Bamboo Day is celebrated every year on 18 September to raise awareness about the bamboo industry.
According to the World Bamboo organization, World Bamboo Day intends to highlight its sustainable utilization, and aims to promote its local and traditional uses. Bamboos are the fastest growing plant in the world, with species growing as much as 30 cm each day.

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:
Global Fintech Fest is being organized by the National Payments Corporation of India (NPCI), the Payments Council of India (PCI) and the Fintech Convergence Council (FCC).
It was attended by Union Finance Minister Nirmala Sitharaman and RBI Governor Shaktikanta Das. The Finance Minister called upon fintech industry to take advantage of opportunities in green finance for building a sustainable financial environment.

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:
As many as 3,696 Bru families displaced from Mizoram have been resettled in Tripura since signing of the Bru agreement in January 2020.
The Union Home Minister chaired a review meeting of the Bru Agreement and the processes of resettlement. Out of the total 6,959 rehabilitated families in Tripura with 37,136 Bru migrants, 3,696 have been resettled.

Notes:
The Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal announced recently that India’s longest river cruise service for over 4,000 km will start in 2023.
The river cruise service will be operated between Varanasi in Uttar Pradesh and Bogibeel in Assam. The route will connect rivers Ganga and Brahmaputra via Indo-Bangladesh Protocol Route (IBRP). The Union Minister also inaugurated Bogibeel Riverfront Passenger Jetty built by Northeast Frontier Railways (NFR).

Notes:
As per Commerce Ministry’s notification, India has set up a new ‘Exports Promotion Council for Medical Devices’.
The council will be under the department of pharmaceuticals and will be headquartered in Noida and will have offices in Andhra Pradesh and Telangana. The council will help exporters in promoting their products in international markets. India exported Rs. 23,766 crore of medical devices in 2021-22.

Notes:
‘Nehru Yuva Kendra Sangathan’ is an autonomous organization under Union Ministry of Youth Affairs and Sports.
Union Youth Affairs and Sports Minister Anurag Thakur launched a capacity building training programme for 14,000 youth volunteers of Nehru Yuva Kendra Sangathan. The Online Training Programme is aimed at enhancing the life skills of Youth volunteers so that they can effectively contribute towards national development.

Notes:
As per the latest World Bank assessment, Sri Lanka ranks 5th in the highest food price inflation in the world. The list is led by Lebanon followed by Zimbabwe, Venezuela, and Turkey.
Sri Lanka’s inflation surged to 70.2 per cent in August from 66.7 per cent a month ago as the country is grappling with the worst economic crisis. According to official data, food prices have risen by 84.6 per cent. In mid-April, Sri Lanka declared its international debt default due to the forex crisis.

Notes:
Edible oil trade associations from India, Pakistan, Sri Lanka, Bangladesh and Nepal announced the setting up of Asian Palm Oil Alliance (APOA).
These are the five major palm oil importing countries in South Asia. Atul Chaturvedi, President, Solvent Extractors’ Association of India (SEA) has been named the first chairman of APOA. The aim of the association is to gain bargaining power and make imports sustainable.