Current Affairs Quiz - July 2022

Notes:
Saudi Arabia hosted the ‘Jeddah Summit for Security and Development’, which was attended by leaders of the Gulf Cooperation Council, Egypt, Iraq, Jordan and the US.
The statement released after the summit emphasised to take required measures to protect the security and stability in the Middle East.

Notes:
National Legal Services Authority Chairman Uday Umesh Lalit launched the country’s first AI-powered digital Lok Adalat during the 18th All India Legal Services Authorities’ meet in Rajasthan.
The Digital Lok Adalat of Rajasthan State Legal Services Authority (RSLSA) was launched amid the recent headlines of India’s growing case pendency.

Notes:
NTPC and Indian Oil Corporation (IOC) have signed an agreement to set up a joint venture company for meeting the power requirements of projects of IOC refineries.
NTPC Green Energy (NGEL), a wholly owned subsidiary of NTPC, will form the JV Company for supplying RE-RTC power to Indian Oil Corporation.

Notes:
The Central Board of Indirect Taxes and Customs (CBIC) has clarified that large packages of food items like pulses, cereals, rice, and wheat weighing more than 25 kilograms or 25 litres of commodity will not attract the 5% goods and services tax (GST).
For levying 5% GST on items like pulses, cereals, rice and flour, they have to be pre-packaged without the presence of the buyer, and are required to bear the declarations under the provisions of the Legal Metrology Act of 2009.

Notes:
India and European Union (EU) recently attended the 10th round of ‘Human rights dialogue’ in New Delhi.
India and the European Union deliberated on the importance of safeguarding freedom, independence and diversity, including human rights defenders and journalists. Germany, a key member of the EU, had earlier criticised Indian authorities over fact-checker Mohammed Zubair’s arrest.

Notes:
‘World Brain Day (WBD) 2022’ is marked every year on July 22, to increase public awareness and promote advocacy related to brain health.
This year, the World Brain Day is dedicated to the theme “Brain Health for all”. WBD 2022 campaign will focus on five key messages globally: Awareness, Prevention, Advocacy, Education and Access.

Notes:
Maharashtra’s Jawaharlal Nehru Port has become the first 100 per cent Landlord Major Port of India with all berths being operated on PPP model.
JNP is one of the leading container ports of the country and is ranked 26th among the top 100 global ports. The terminal will also handle Ro-Ro vessels which will not only lower the logistics cost and reduce transit time but will also contribute in reducing congestion on roads.

Notes:
The 13th Petersberg Climate Dialogue began recently in Berlin. The two-day ministerial meet is chaired by Germany and Egypt, the hosts of annual climate meet (COP-27).
The informal ministerial meet proposes to build consensus and provide political direction to resolve divergences in improving implementation of climate action, which is the core goal of COP-27.

Notes:
The Asian Development Bank cut its economic growth forecast for India to 7.2% for 2022-23 from 7.5% estimated in April.
The reasons cited are higher-than-expected inflation and monetary tightening. It also lowered the GDP growth estimate for 2023-24 to 7.8% from the 8% estimated earlier. ADB raised the inflation forecast for India to 6.7% for FY23 from the 5.8 % estimated earlier.

Notes:
India and the United Kingdom signed a Memorandum of Understanding on Mutual Recognition of Educational Qualifications including maritime education and a Framework agreement on the health care workforce.
India-UK Free Trade Agreement (FTA) negotiations are expected to be concluded by 31st August, 2022.