Current Affairs Quiz - September, 2022

Notes:
‘João Lourenço’ has sworn in as the President of Angolan for a second term in the Central African country’s capital- Luanda.
The results of the Elections were heavily disputed by the opposition. The Popular Movement for the Liberation of Angola (MPLA), which was in power since independence from Portugal in 1975, won the elections.

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:
National Human Rights Commission (NHRC) Chairperson, retired Justice Arun Kumar Mishra has been elected as a member of the Governance Committee of the Asia Pacific Forum (APF).
He has also been elected as a member of the Global Alliance of National Human Rights Institutions (GANHRI) Bureau. The GANHRI is one of the world’s largest human rights networks.

Notes:
Indian IT major Wipro has terminated the services of 300 employees, who were found to be working for its competitors simultaneously.
The act is also called as ‘Moonlighting’. Companies worry that this practice might create a conflict of interests, data breaches, and mis-use of company’s Intellectual Property (IP) and assets.

Notes:
The Food Safety and Standards Authority of India (FSSAI) has released draft notification on ‘Indian Nutrition Rating’
The country’s apex food regulator released notification, which requires the pre-packaged food to carry a star graphic ranging for 0 to 5, next to the brand name. This front-of-pack labelling aims to discourage consumers from buying packaged food high in sugar, salt, and fat.

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:
New York topped latest rankings from the Global Financial Centres Index (GFCI) and remained as the world’s most favoured financial centre for fourth year.
London retains its second position while Singapore overtook Hong Kong to come in third. Paris returned to the top 10 to replace Tokyo. However Moscow was pushed down 22 places to 73rd after its invasion of Ukraine and resultant severing of ties from Western countries. GFCI is compiled by Z/Yen, a London-based think tank and China Development Institute.

Notes:
The Breakthrough Prizes was created in 2010 by a group of Silicon Valley entrepreneurs, including a venture capitalist Milner, Mark Zuckerberg and his wife, Priscilla Chan, of Facebook and Sergey Brin of Google.
The 2023 winners of the Breakthrough Prizes, also known as the ‘Oscars of Science’ were announced recently in the life sciences category, one for mathematics and one for physics. The winners will split a total of more than USD 15 million.

Notes:
Union government’s ‘Skill India’ initiative, the Electronics Sector Skill Council of India (ESSCI) signed a memorandum of understanding (MoU) with ‘Samsung India’ to upskill youth in India.
Under ‘Samsung Innovation Campus’, it aims to upskill over 3,000 unemployed youths from 18-25 years of age in emerging technologies such as Artificial Intelligence, Internet of Things, Big Data and Coding and Programming.

Notes:
QUAD countries recently signed Humanitarian Assistance Disaster Relief Guidelines at a meeting in New York.
The Foreign Ministers of Australia, India and Japan and Secretary of State of the United States signed the Guidelines for the ‘Quad Partnership on Humanitarian Assistance and Disaster Relief (HADR) in the Indo-Pacific’. This partnership was announced by Quad Leaders in Tokyo in May 2022.