Daily Current Affairs Quiz : August 15-16, 2022

Notes:
The Ministry of Social Justice and Empowerment, Government of India, launched “SMILE-75 Initiative”, under ‘SMILE: Support for Marginalised Individuals for Livelihood and Enterprise’.
The Ministry has identified 75 Municipal Corporations to implement rehabilitation of persons engaged in the act of begging. The Ministry has allocated a total budget of Rs.100 crore for the SMILE project for up to 2025-26.

Notes:
Malaysia is the host of the bilateral air exercise named ‘Udarashakti’. A contingent of the Indian Air Force (IAF) is participating in the exercise.
The four-day exercise includes various aerial combat drills between the two Air Forces. The first such bilateral Air Force exercise displaying the frontline Sukhoi-30 combat aircraft was conducted in 2018.

Notes:
As per the data released by the National Statistical Office, the Consumer Price Index (CPI)-based inflation eased marginally to 6.71 per cent in July from 7.01 per cent in the previous month.
However, the Index of Industrial Production (IIP) grew 12.3 per cent in June compared to 19.6 per cent in May.

Notes:
Union Ministry of Science and Technology organised the DST StartUp Utsav. As per the Union Minister of State of Science and Technology, there are currently 105 unicorns, out of which 49 per cent of the start-ups are from tier-2 and tier-3 cities.
The event included the release of exclusive books displaying 75 Impactful incubated StartUps, 75 Impactful StartUps supported by NIDHI-Seed and 75 Impactful Smart Startups supported by NIDHI-EIR.

Notes:
Union Environment Minister Bhupender Yadav announced the Central Government accepted the proposal of the Tamil Nadu forest department to notify 1,197.48 sq km area of land in Agasthyamalai as an elephant reserve.
It is the fifth elephant reserve of the state of Tamil Nadu as Nilgiris-Eastern Ghat, Nilambur Silent Valley in Coimbatore, Srivilliputhur and Anamalai are the four existing elephant reserves in the state. In total, India has 31 elephant reserves.