Current Affairs Quiz - July 2022

Notes:
The Indian Space Research Organisation (ISRO) has launched three satellites from Singapore in its Polar Satellite Launch Vehicle (PSLV-C53) mission.
It is being launched from the Satish Dhawan Space Centre, Sriharikota. PSLV-C53 is also the second dedicated mission of NewSpace India Limited (NSIL), a corporate arm of the Department of Space. ISRO has successfully launched the PSLV-C52 mission in February 2022 by injecting Earth Observation Satellite (EOS-04).

Notes:
Tata Motors and Japanese chipmaker Renesas Electronics Corp have formed a strategic partnership to design, develop and manufacture semiconductor solutions.
Renesas will also work with Tejas Networks, another Tata Group firm, on wireless network technologies, including 5G, as part of the partnership. The primary market for the products will be India, with plans to expand to global markets.

Notes:
The World Bank approved two complementary loans of USD 500 million each to support India’s health sector.
Through this financing of USD 1 billion, the Bank will support India’s flagship Pradhan Mantri-Ayushman Bharat Health Infrastructure Mission (PM-ABHIM). One of the loans will prioritize seven states including Andhra Pradesh, Kerala, Meghalaya, Odisha, Punjab, Tamil Nadu, and Uttar Pradesh.

Notes:
The Advertising Standards Council of India (ASCI) is the voluntary self-regulatory body in advertising sector in India.
As per the annual complaints report, Education, healthcare and personal care are the most violative categories of advertisements. It processed 7,631 complaints at an increase of 25 per cent from last year.

Notes:
The Goods and Services Tax (GST) revenue in June rose to ₹144,616 crore, the second-highest since the inception of GST five years ago.
The new high collection is on the back of rapid economic recovery and stricter compliance, as per the Union Finance Ministry said. In April, the collection was the highest ever at ₹1,67,540 crore. This is the fifth time the monthly GST collection crossed the ₹1.40 lakh crore mark and fourth month at a stretch since March 2022.

Notes:
The Central Government has levied windfall tax on domestic crude oil producers. Domestic producers sell crude oil to domestic refineries at international parity prices, thus making windfall gains.
The Government also hiked the import duty on gold and imposed export duties on petrol, diesel and aviation turbine fuel (ATF). These are the initiatives to reduce pressure on the rupee, reduce the current account deficit (CAD), and increase the domestic supply of petroleum products. Special additional excise duties of Rs 6 and Rs 13 per litre on export of petrol and diesel were announced.

Notes:
Tokyo champion Viktor Axelsen and Thailand’s Ratchanok Intanon won the singles title at the 2022 Malaysia Open.
Intanon beat Olympic badminton gold medallist Chen Yufei to win the women’s singles crown while Axelsen beat second seed Momota Kento of Japan to win the men’s title in Malaysia.

Notes:
Union Science and Technology Minister Dr. Jitendra Singh announced setting up of Dr. Rajendra Prasad Memorial Award in public administration in the field of academic excellence.
He announced the award in memory of the first President of India, while he chaired the meeting of Executive Council of Indian Institute of Public Administration (IIPA) in New Delhi.

Notes:
After a chunk of Italy’s Marmolada glacier broke off recently, at least seven people are dead and more are still missing.
As per the experts, this is the direct result of human-caused climate change. The disaster took place just one day after officials recorded a record-high temperature of 10 degrees Celsius at the summit of the glacier in the Dolomite Mountains.

Notes:
Google has expanded its Google News Initiative India Training Network to cover five new Indian languages. This Google initiative helps teach journalists and newsrooms learn digital skills needed to tackle misinformation online. It will now be available in Punjabi, Assamese, Odia, Gujarati, and Malayalam.
The Google News Initiative India Training Network was launched four years ago in partnership with DataLeads. Google is set to launch a Fact-Check Academy in partnership with DataLeads.