Current Affairs Quiz - September, 2022

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.

Notes:
The Gujarat Legislative Assembly unanimously withdrew the controversial Gujarat Cattle Control (Keeping and Moving) in Urban Areas Bill, 2022.
The cattle-rearers warned the State authorities that they would stop supplying milk to dairies. The Bill aimed at prohibiting the movement of stray cattle on roads and public places in urban areas of the State.

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:
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:
Defence Ministry signed deal for dual role Surface-to-Surface BrahMos missile with BAPL (BrahMos Aerospace Pvt. Ltd)
The additional dual –role (land and anti-ship) capable BrahMos missiles will be acquired at Rs 1,700 crore under ‘Buy-Indian’ category. BrahMos Aerospace (BAPL) is a joint venture between India and Russia.

Notes:
India’s Public sector lender UCO Bank is the first bank to receive the Reserve Bank of India’s (RBI’s) approval for rupee trade.
The Kolkata-based bank will open a special vostro account with Gazprombank of Russia for trade settlement in Indian rupees. In July, RBI announced its decision to allow Indian banks to settle trade in Indian currency in July. RBI also allowed trade settlements between India and other countries, including Sri Lanka and Russia.

Notes:
The National Payments Corporation of India (NPCI) has reappointed Dilip Asbe as the Managing Director and Chief Executive Officer (MD & CEO) of the company for a period of five years.
Dilip Asbe took over as MD&CEO of NPCI in January 2018. NPCI is an umbrella organisation for operating retail payments and settlement systems in India.

Notes:
NASA’s DART mission was launched in November 2021 to test the use of a kinetic impactor to change the orbit of an asteroid.
The Double Asteroid Redirection Test, or DART mission is set to make history when it crashes into an asteroid in the world’s first planetary Defense test. In the test, the spacecraft will hit the moonlet, called Dimorphos, and snap images until the moment of impact.

Notes:
Indian-origin Home Secretary Suella Braverman has been named winner of the first-ever Queen Elizabeth II Woman of the Year award.
The 42-year-old barrister was appointed to the Cabinet earlier this month by British Prime Minister Liz Truss. The awards recognise the achievements of individuals from across Britain’s South Asian community via public nominations.

Notes:
Airbus announced that it would have its first zero emission (ZEROe) aircraft ready by 2035. It also announced that India will contribute to its design, research and development.
Airbus has started the work towards building the world’s first zero-emission commercial aircraft has already begun and Airbus India is involved in the design and development of the ZEROe aircraft.