Current Affairs Quiz - March 2022

Notes:
The European Union and the U.S. announced they had agreed “in principle” to a new framework for cross-border data transfers.
Previously, there was an arrangement named Privacy Shield, allowing firms to share Europeans’ data to the U.S. The new agreement is expected to provide relief for tech giants like Meta and Google.

Notes:
Airports Authority of India (AAI), under its R & D initiative, has entered into an agreement with Navratna Defence PSU Bharat Electronics Limited (BEL) to jointly develop indigenous Air Traffic Management Systems.
They will also collaborate on systems for surface movement of aircraft at airports in the country which were previously being imported. The Agreement was signed during ‘Wings India 2022’ in Hyderabad.

Notes:
Reserve Bank of India released the framework for geo-tagging of payment system touch points. Geo-tagging refers to capturing the geographical coordinates (latitude and longitude).
The framework aims to ensure proper monitoring of the availability of payment acceptance infrastructure including Point of Sale terminals, and Quick Response codes.

Notes:
Double Olympic medallist P.V. Sindhu defeated Thailand’s Busanan Ongbamrungphan to win the Swiss Open Super 300 badminton tournament in Basel.
P V Sindhu won her second title in Basel in straight games with a score-line of 21-16, 21-8. Sindhu earlier won the Syed Modi India International in January. India’s HS Prannoy lost the men’s singles final in Basel to Jonathan Chritie.

Notes:
The Waste to Wealth Mission of the Office of the Principal Scientific Adviser to the Government of India, has inaugurated Decentralised Waste Management Technology Park in East Delhi.
It was inaugurated in collaboration with the East Delhi Municipal Corporation (EDMC), for onsite processing of fresh Municipal solid waste. The aim is to make onsite processing Technology Park with the aim of zero waste and zero energy.

Notes:
The Cochin International Airport Limited (CIAL) has bagged the ‘Covid champion’ award at Wings India 2022.
It is Asia’s largest event on civil aviation jointly organised by the Ministry of Civil Aviation and FICCI. CIAL was selected for the implementation of a project named ‘Mission Safeguarding’ during the Covid pandemic to ensure safe travel at Kochi Airport.

Notes:
A new edition of Aadi Bazaar has been recently inaugurated at Ekta Nagar, Kevadia, Statue of Unity in Gujarat.
The 11-day long exhibition has been organised by TRIFED of Ministry of Tribal Affairs. It will feature exhibition and sale of tribal handicrafts, art, paintings, fabric, and jewellery from across 10 states of the country.

Notes:
The U.S. Senate approved a bill to provide USD 52 billion in subsidies for semiconductor chips manufacturing. The legislation was sent to the House of Representatives, to launch a formal process known as a “conference”
The chip shortage has disrupted production across the globe. The Senate earlier passed chips legislation in June that also authorized USD 190 billion to strengthen U.S. technology and research.

Notes:
Surat has become the first in India to get a road that is made out of steel waste. It is seen as an example of sustainable development.
The road is built by Arcelor Mittal Nippon Steel India with CSIR India (Council of Scientific and Industrial Research) & CRRI (Central Road Research Institute) with support from Ministry of Steel and Government think tank NITI Aayog.

Notes:
Prime Minister Narendra Modi paid tributes to Shyamji Krishna Varma on his death anniversary. He was born in the year 1857 in Mandvi, Gujarat, and passed away on March 30 in 1930 in Geneva.
Shyamji Krishna Varma founded the Indian Home Rule Society, India House and The Indian Sociologist in London.