Daily Current Affairs Quiz : November 1, 2022

Notes:
The United States has recently launched its National Security Strategy (NSS). All U.S. Presidents are mandated by the ‘Goldwater-Nichols Department of Defense Reorganization Act of 1986’ to bring out their NSS.
The strategy aims to communicate the executive’s vision of national security to the legislative. Joe Biden’s administration also released the National Defense Strategy, the Nuclear Posture Review and the Missile Defense Review.

Notes:
Over 140 people including 40 women and 34 children were killed in the collapse of a 135-year-old suspension bridge on Machchhu river in Morbi.
The 754-feet bridge on the Machchu river was built during British rule in the 19th Century. It collapsed four days after it was reopened, after being closed for over seven months for repair and renovation work. It is a popular tourist attraction known as Julto Pul (swinging bridge).

Notes:
Ministry of Defence, Government of India, has approved to set up the ‘DRDO Industry Academia-Centre of Excellence’ (DIA-CoE) at Indian Institute of Technology Roorkee (IIT Roorkee).
The Facility will receive financial assistance from the DRDO, Government of India. Key research areas include, Smart Infrastructure and Hardened Structures for Defence Applications, Energy Storage Devices, Landslide, Snow, and Avalanche Studies, Pulsed Laser and Specialty Fiber, among others.

Notes:
Central Vigilance Commission (CVC) observes Vigilance Awareness Week during the week in which the birthday of late Sardar Vallabhbhai Patel (31st October) falls.
This year, Vigilance Awareness Week is being observed from 31st October to 6th November, 2022 with the theme of ‘Corruption free India for a developed Nation’. Earlier, CVC carried out a three-month campaign highlighting preventive vigilance initiatives as focus areas.

Notes:
Under section 45ZN of the RBI Act, the central bank is required to submit a report to the government explaining the reasons and remedial actions it would take, in case of failure to maintain its inflation target for three consecutive quarters.
For the first time since the implementation of the monetary policy framework in 2016, the central bank has called a special meeting of the Monetary Policy Committee (MPC). It will submit a report to the government, as the retail inflation rate is above six per cent target for three consecutive quarters from January 2022.