Current Affairs Quiz - December, 2022

Notes:
As many as 38 people recently died in incidents related to powerful Arctic winter storm. The vast storm extends more than 3,200km from Texas to Quebec.
Over 200 million people across the country were left without power and thousands of flights were cancelled. More than eight million people remained under blizzard warnings. As per the US National Weather Service, its recent depicts one of the greatest extents of winter weather advisories ever.

Notes:
Centre for Economics and Business Research (CEBR) announced that India will become the third economic superpower by 2037 and a USD 10-trillion economy by 2035.
This growth trajectory will see India rise from fifth place on the World Economic League Table in 2022 to third in the global rankings by 2037.  The annual rate of India’s GDP growth is expected to average 6.4% in the next five years, average 6.5% in the subsequent nine years.

Notes:
The Indian Institute of Science (IISc) has been named as the secretariat for Science 20 (S20), one of the G20’s groupings.
The G20 is being presided over by India and the theme of the S20 in 2023 is ‘Disruptive Science for Innovative and Sustainable Development’.  Discussions will take place throughout the year in various regions of India.

Notes:
Indian Energy Exchange (IEX) announced to set up a wholly-owned subsidiary, International Carbon Exchange Private Ltd (ICX).
ICX will enable participants to buy and sell voluntary carbon credits at competitive prices through its platform and facilitate reduction of global green house gases emission by 45% by 2030.

Notes:
The Competition Commission of India (CCI) issued demand notices to Google for its failure to pay the penalties within the stipulated time.
CCI earlier imposed penalties on the internet major for anti-competitive practices.  Google has filed appeals before the National Company Law Appellate Tribunal (NCLAT) against the Competition Commission of India’s (CCI) two orders in October.

Notes:
Telangana government has launched the 10th phase of Rythu Bandhu, the investment support scheme for farmers.
Under this phase, 7,676 crores will be deposited in the bank accounts of over 70 lakh farmers towards investment support for the Rabi crop season. The investment support is disbursed at a rate of 5000 rupees per acre.

Notes:
Prime Minister Narendra Modi virtually laid foundation stone and projects worth more than ₹7,800 crore in West Bengal.
He also virtually inaugurated Dr. Syama Prasad Mookerjee – National Institute of Water and Sanitation (DSPM – NIWAS). It will serve as an apex body in the country on water, sanitation and hygiene (WASH) in the country, serving as a hub of information and knowledge for Central, State and local governments.

Notes:
The Indian Army has offered the first 3D printed houses for soldiers at Ahmedabad Cantt. They are constructed by the Military Engineering Services (MES) in collaboration with MiCoB Pvt Ltd.
The dwelling unit, with a ground floor plus one configuration are not only cheap but can be constructed in less time. Construction work of the dwelling unit with garage space and first floor was completed in 12 weeks.

Notes:
Delhi government has recently cleared the draft Delhi Solar Policy 2022. It aims to increase the share of the city’s annual electricity demand met by solar energy from 9% at present to 25% by 2025.
The draft targets a total installed solar capacity of 6,000 megawatt by 2025. It includes benefits such as Generation Based Incentives and subsidy for consumers. The draft has been put in public domain for 30 days after which it will be tabled before Cabinet for final approval.

Notes:
‘Forks in the Road: My Days at RBI and Beyond’ book is a memoir of Dr C. Rangarajan, the 19th Governor of the Reserve Bank of India and a former Member of Parliament.
The book includes his journey as an economist and RBI Governor and sheds lights on some of the hidden truths surrounding India’s economic history including the account of 1991 reforms.