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:
The 11th World Urban Forum was held in Poland. The National Institute of Urban Affairs’ (NIUA) Climate Centre for Cities (NIUA C-Cube), World Resources Institute India (WRI India) and their partners launched India’s first national coalition platform for urban nature-based solutions (NbS).
‘India Forum for Nature-Based Solutions’ aims to create a collective of NbS entrepreneurs, government entities and like-minded organisations, to aid in scaling urban nature-based solutions.

 

Notes:
Food Safety and Standards Authority of India (FSSAI) has unveiled regulations by defining what constitutes vegan foods.
‘Food Safety and Standards (Vegan Foods) Regulations, 2022’ listed out various specifications to be followed for manufacture, sale and import of such food items. The new regulations were released after considering objections and suggestions from the public

Notes:
Novak Djokovic recently became the first player in history to win 80 matches in all four Grand Slams.
He achieved this feat when he defeated Korean player Kwon Soon-woo for his 80th win in Wimbledon. Djokovic was playing for the first time after losing to Rafael Nadal last month in the French Open quarterfinals.

Notes:
Finance Minister Nirmala Sitharaman released the ‘Business Reforms Action Plan (BRAP), 2020’. Andhra Pradesh has topped the Business Reform Action Plan 2020 Rankings in the Ease of Doing Business.
It is followed by Gujarat, Haryana, Karnataka, Punjab, Telangana and Tamil Nadu. The BRAP 2020 includes 301 reform points covering 15 business regulatory areas such as Access to Information, Single Window System, Labour, Environment, Land Administration etc.

Notes:
Reserve Bank of India (RBI) recently released its financial stability report for June 2022. It is a half-yearly publication.
As per the recent report, Gross non-performing asset (NPA) ratio of banks fell to six-year low of 5.9% in March 2022 while the net non-performing assets (NNPA) ratio fell to 1.7% in March 2022. Capital to Risk Weighted Assets Ratio (CRAR) and Common Equity Tier 1 (CET-1) Ratio of SCBs were 16.7% and 13.6%, respectively, in March 2022.

Notes:
The National Anti-profiteering Authority (NAA) is the statutory mechanism under GST law to check unfair profiteering activities by the registered suppliers.
The GST watchdog has held cosmetics and personal care company L’oreal guilty of not passing on the rate reduction benefits to consumers to the tune of ₹186 crore.  NAA has directed L’oreal to deposit the sum along with 18% interest in the consumer welfare fund.

Notes:
Every year on the third Saturday of September, the world celebrates ‘International Coastal Clean-Up Day.’
On September 17, 2022, the Government of India, in collaboration with other voluntary organizations and the local community, is set to launch the “Swachh Sagar, Surakshit Sagar” cleanliness campaign along India’s entire coastline.

Notes:
Every year on July 2, the World Unidentified flying objects (UFO) Day is celebrated. It aims to create awareness to gather together and watch the skies for UFOs.
July 2 is marked after the ‘Roswell incident in 1947’ of the United States Army Air Forces, which was a supposed UFO crash. The day also encouraged governments to declassify their files on UFO sightings.

Notes:
The Central Board of Secondary Education (CBSE) has launched a new portal named Pariksha Sangam.
The portal will act as a one-stop destination for all exam-related activities, which will include term results and more. It has 3 parts – Schools (Ganga), Regional Offices (Yamuna) and Head Office (Saraswati).