Current Affairs Quiz - September, 2022

Notes:
The Foreign Trade Policy of India has been amended, under which international trade invoicing, payment and settlement will be allowed to be settled in the Indian Rupee.
The move has thus activated the mechanism of Reserve Bank of India to facilitate trade in the Indian currency.

Notes:
Rajasthan Chief Minister Ashok Gehlot announced that there will be two percent reservations in government jobs for sportspersons in the state.
The government has increased the prize money for players who won international medals to Rs 3 crore. Participants of all age groups across the state have participated in the Rural Olympic Games.

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:
Jezero crater is a 45-km-wide crater in the Syrtis Major quadrangle present on Mars. It has a delta, which is an ancient fan-shaped feature formed about 3.5 billion years ago.
NASA’s Perseverance rover is currently investigating the delta’s sedimentary rocks. Recently, the analysis of samples of ‘Wildcat Ridge’ rock indicated they feature a class of organic molecules that are correlated with those of sulfate minerals.

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:
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:
As many as 8 Cheetahs have been brought from Namibia and are being introduced in India under Project Cheetah.
It is the world’s first inter-continental large wild carnivore translocation project and Rehabilitation Project. Out of the eight Cheetahs there are five female and three male, as per the Cheetah Mitras and Cheetah Rehabilitation Management Group.

Notes:
India’s Union Minister of State for Commerce and Industry co-chaired the 19th ASEAN-India Economic Ministers’ meeting held in Siem Reap City, Cambodia.
The representatives from all 10 ASEAN countries Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam attended the meeting. The bilateral trade between ASEAN and India reached USD 91.5 billion in 2021 increasing by 39.2 per cent year-on-year.

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 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.