Current Affairs Quiz - September, 2022

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:
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:
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:
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.

Notes:
Union Cabinet approves modifications in “Programme for Development of Semiconductors and Display Manufacturing Ecosystem in India”.
Under modified scheme, a uniform fiscal support of 50% of project cost shall be provided across all technology nodes for setting up of semiconductor fabs. This is in addition to incentives of over ₹76,000 crore, or about USD 10 billion, were announced by the government in December 2021.

Notes:
The Union Government has formed a five-member committee to consider a legally enforceable mechanism for regulating the marketing practices of pharmaceutical firms.
It is chaired by V K Paul, member (health) of NITI Aayog. At present, the publicity and promotion made by pharma companies is supervised under Uniform Code of Pharmaceutical Marketing Practices (UCPMP), the Indian Medical Council Regulations, 2002, and by the Central Board of Direct Tax.

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:
The PHD Chamber of Commerce and Industry (PHDCCI) has organised a hybrid summit titled ‘Sustainable Textiles Summit’ in New Delhi.
The summit is supported by the Ministry of Micro, Small and Medium Enterprises. The aim of the summit is to discuss alternative ways to make the textile industry more sustainable. Experts from France, Sweden and Germany will be participating in the meet.

Notes:
India launched the ‘Innovation Roadmap of the Mission Integrated Bio-refineries’ on the sidelines of the Global Clean Energy Action Forum-2022 at Pittsburgh, US
The Roadmap has been developed by co-leads with active inputs from Brazil, Canada, EC and the UK. The Mission aims at greater collaboration and the need for increased financing for Energy Research, Development, and Demonstration (RD&D) during the next five years through public-private investment.

Notes:
The Indian Army and the Defence Geo-informatics and Research Establishment (DGRE) have jointly installed India’s first Avalanche Monitoring Radar in north Sikkim.
The avalanche radar was made operational by Defence Research and Development Organisation’s wing DGRE. The radar can also be employed to detect landslides, besides being used for detection of avalanches.