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Current Affairs Weekly PDF – December 2022 – 1st Week
(1 - 8)
NATIONAL AFFAIRS

NITI Aayog releases Study coveted Golden Peacock Award for Best
Report on Carbon Film, for its electrifying portrayal of
adulthood. The film is Directed by Valentina
Capture, Utilisation and Storage
Maurel, a Costa Rican film maker. Click here
the National Institution for Transforming India
to read more.
(NITI) Aayog released a study report titled ‘Carbon
Capture, Utilisation and Storage (CCUS) Policy
Framework and its Deployment Mechanism in India’s Maternal Mortality Ratio declines
India’. to 97 Per Lakh Live Births in 2018-20
✓ It is prepared by the M. N. Dastur & A Special Bulletin on Maternal Mortality in India
Company (P) Ltd. which received the 2018-20 was released by the office of the Registrar
financial assistance under the Research General and Census Commissioner of India. As per
Scheme of NITI Aayog. it, the Maternal Mortality Ratio (MMR) has declined
✓ The report explores the importance of CCUS from 130 per lakh live births in 2014-16 to 97 per
as an emission reduction strategy to achieve lakh live births in 2018-20.
deep decarbonization from the hard-to- ✓ Assam has the highest MMR of 195
abate sectors. while Kerala has the lowest of 19 per lakh
live births.
53rd Edition of International Film ✓ Assam is followed by Madhya Pradesh with
MMR of 173 per lakh live births and Uttar
Festival of India hosted in Goa –
Pradesh 167.
November 20 – 28, 2022 ✓ Kerala is followed by Maharashtra (33) and
The 53rd International Film Festival of India (IFFI) Telangana (43).
was held in Goa from November 20 – 28, 2022. IFFI ✓ MMR in Punjab and Haryana continues to
is an annual film festival, which has been organized be higher than the national average of 97.
with the philosophy of “Vasudhaiva Click here to read more.
Kutumbakam” (the world is one family) at its core.
IFFI is jointly organized by the National Film
Development Corporation and the Entertainment
BIS Signs MoU with top 6 engineering
Society of Goa. institutes to Introducing Indian
✓ Konidela Siva Sankara Vara Prasad, better Standards in Curriculum
known by his stage name Chiranjeevi, was MoU b/w: Bureau of Indian Standards (BIS) with
given the Indian Film Personality of the top six engineering institutes of India
Year Award for 2022. He is widely regarded Purpose: for introducing Indian standards as an
as the Mega Star of Tollywood and he has integral part of the curriculum.
also received the Padma Bhushan award in ✓ The MoU was signed with the Indian
2006. Institute of Technology (IIT) BHU,Varanasi,
✓ The Iranian film “Nargesi,” directed by Uttar Pradesh, Malaviya National Institute
Payam Eskandari, was awarded the ‘ICFT- of Technology (MNIT) Jaipur, IIT Indore, IIT
UNESCO Gandhi Medal’ at the 53rd Patna, IIT Madras and National Institute of
International Film Festival of India. Technology (NIT) Trichy for the
✓ ‘Tengo sueños eléctricos / I HAVE establishment of ‘BIS Standardization Chair
ELECTRIC DREAMS’ was awarded the Professor’ at these institutes.

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Government Exempts ISRO from PDF by the India Trade Promotion Organization
Provisions of Explosives Rule; ICHR (ITPO), a division of MoCI.
✓ At the 41st India International Trade Fair in
Approaches ISRO to Compile India’s
2022, the Ministry of Health and Family
Ancient Legacy in S&T Welfare (MoH&FW) pavilion was awarded
The Central Government has exempted the Indian for its “Outstanding Contribution
Space Research Organisation (ISRO) from taking its Towards Public Communication and
approval for manufacturing, storage, use and Outreach.” The theme for the Health
transportation of solid propellant for space rockets Pavilion was “Heal in India, Heal by
to promote ease of doing business. A solid India.” Click here to read more.
propellant is the main fuel used in a category of
space rockets.
✓ The Indian Council of Historical
23rd Hornbill Festival begins in
Research (ICHR) has embarked on a project Nagaland
titled, ‘History of Indian Science and The Hornbill Festival, the biggest and most
Technology’ to compile India’s history of important festival in Northeast India, is annually
science and technology (S&T), and observed from 1st – 10th December at the Naga
economics from the ancient times to the Heritage Village of Kisama, in Nagaland. 2022
present. marks the 23rd edition of the Hornbill Festival.
✓ Jagdeep Dhankhar, Vice President of India,
graced the inaugural day of the festival as
Electric Boat Manufacturer Navalt gets
the Chief Guest.
its 1st Export Order ✓ The festival derives its name from the bird
Navalt Solar, Kochi (Kerala)-based solar-electric named Hornbill. It is called the festival of
boat manufacturer, and Electric Boats has received festivals.
its 1st export order. It received the order worth ✓ Nagaland also celebrated its 60th
USD 650,000 (nearly Rs 5 crore) from Maldives. Statehood Day on the inaugural day of
23rd Hornbill Festival 2022.
41st edition of India International Trade
Fair held in New Delhi, Delhi – First-ever Tribal Winter Festival held in
November 14 – 27, 2022 Jammu-Kashmir
Union Minister Piyush Goyal, Ministry of Commerce Jammu-Kashmir’s Bandipora hosted the 1st-
and Industry (MoCI), inaugurated the 41st ever Tribal Winter Festival of Kashmir Valley
edition of the India International Trade which was held at Ketson village in the Aloosa area
Fair (IITF) at Pragati Maidan in New Delhi, Delhi, of North Kashmir’s Bandipora district.
on November 14, 2022. ✓ People from the Kashmiri community,
✓ The theme of the IITF 2022 is “Vocal for Gujjars and Bakerwals danced together to
Local, Local to Global” and was held from the beats of dhol (drum) in a special
November 14 – 27, 2022. It was organized demonstration of cultural unity in diversity.

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Union Civil Aviation PDF ✓ On the other hand, rural UR slipped
Minister Jyotiraditya Scindia Launches D to 7.55% from 8.04% in October 2022.
✓ India’s UR in October 2022 was at 7.77%
igi Yatra for 3 Airports in India
while in September 2022, it was at a low of
Union Minister Jyotiraditya Scindia, Ministry of Civil
6.43%.
Aviation (MoCA) launched ‘Digi Yatra’ from
the Indira Gandhi International (IGI) Airport in
New Delhi (Delhi) for three airports in India, President of India approves
namely New Delhi, Varanasi (Uttar Pradesh), and Maharashtra Housing and Area
Bengaluru (Karnataka). Development Act Amendment Bill
✓ Digi Yatra was designed to use Facial The President of India Draupadi Murmu approved
Recognition Technology (FRT) to achieve the Maharashtra Housing and Area Development
contactless, seamless passenger processing Act Amendment Bill. This amendment will pave the
at airports. way for redevelopment of dangerous or dilapidated
Maharashtra Housing and Area Development
Ex Agni Warrior 2022 between Armed Authority (MHADA) owned residential buildings, or
Forces of Singapore & India Concludes Cess buildings in Mumbai.

at Maharashtra
The 12th edition of Agni Warrior (XAW) 2022, a GoI Revises Scheme for Intellectual
bilateral exercise between the Singapore Armed Property Protection to Upgrade
Forces (SAF) & Indian Army (IA) was held at Field Professional Charges of Facilitators
Firing Ranges, Devlali in Maharashtra from The Government of India (GoI) has revised the
November 13 – 30, 2022. scheme for supporting Start-Ups Intellectual
Property Protection (SIPP), significantly raising
Indian Army trains kites to Destroy the facilitation fees by at least 100%. The updated
Enemy Drones scheme is effective from December 2, 2022.
Indian Army forces are training Kites to prey on ✓ SIPP was launched in 2016 to protect and
enemy drones in a first-of-its-kind operation. The promote Intellectual Property Rights (IPR)
military conducts operations with trained birds and of Startups, while encouraging innovation
dogs. Indian army used a kite named ‘Arjun’. and creativity.
✓ A 15-day-long exercise, ‘Yudh Abhyas 22’,
the 18th edition of the Indo-US joint Civil Aviation Ministry Notifies
training exercise, began on 26th November Operational Guidelines for Drone PLI
2022 in Auli, Uttarakhand. Scheme
The operational guidelines for the Production
India’s Unemployment rate rises to Linked Incentive (PLI) scheme for drones and
three-month high at 8% in drone components has been notified by
November 2022: CMIE the Ministry of Civil Aviation (MoCA), after
As per the data by the Centre for Monitoring consultation with stakeholders, including industry
Indian Economy (CMIE) Private Limited, India’s representatives.
unemployment rate (UR) increased to a three- ✓ The PLI scheme, with a funding of Rs. 120
month high at 8% during November 2022. crore, has been authorized by the
✓ The UR in urban India was higher Government of India (GoI), and it would be
at 8.96% as compared to 7.21% in October implemented during the 2022-23 to 2024-
2022. 25 period.

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The Indian Constitution is a Feminist First Silchar-Sylhet Festival 2022 to


Document: CJI Dr Justice D.Y. celebrate Indo-Bangla ties held in Assam
Chandrachud The Silchar-Sylhet festival 2022, 1st ever festival
Chief Justice of India (CJI) Dr Justice D.Y. celebrating cultural ties between the neighbouring
Chandrachud delivered at the 8th Dr L M Singhvi regions of India and Bangladesh was held in Barak
Memorial Lecture that the Constitution of India is a Valley, Silchar, Assam from 2nd to 4th December
‘feminist document and a product of true Indian 2022.
imagination’. ✓ The Silchar-Sylhet festival coincides with
✓ The 8th Dr L M Singhvi Memorial Lecture the 50th anniversary of the liberation of
was hosted by the OP Jindal Global Bangladesh from Pakistan.
University (JGU), on the theme ‘Universal
Adult Franchise: Translating India’s National Conclave on Soil Health
Political Transformation into a Social Management for Sustainable Farming
Transformation’.
2022 held in New Delhi
On December 5, 2022 i.e. on the occasion of World
Tribal Development Report 2022: Soil Day (WSD), and on the lines of Azadi Ka Amrit
Adivasis at the bottom of India’s Mahotsav, the National Conclave on Soil Health
Development Pyramid Management for Sustainable Farming 2022 was
According to the Tribal Development Report 2022 inaugurated at New Delhi, Delhi by the Union
launched by the Bharat Rural Livelihood Minister Narendra Singh Tomar, Ministry of
Foundation (BRLF), the Tribal Agriculture and Farmers Welfare (MoA&FW) as its
communities(Adivasis) are at the bottom of India’s Chief Guest.
development pyramid. ✓ It was organized by the NITI (National
✓ The Tribal Development Report, launched Institution for Transforming
in 2 volumes, is the first of its kind report India) Aayog in collaboration
launched since 1947. with GIZ (German Agency for International
Cooperation) affiliated to the Federal

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Ministry for Economic CooperationPDF
and ✓ The event was organised by the Embassy of
Development (BMZ), Germany. Click here to Sweden in India in partnership with the Atal
read more. Innovation Mission, NITI Aayog, the
Government of India and the German Centre
India, Germany sign Migration and of Innovation and Research (DWIH New
Delhi).
Mobility Agreement for Easier Access to
✓ Sweden India Nobel Memorial Week is
Study, Research and Work observed from 6th to 10th December 6-10,
Comprehensive migration & mobility partnership 2022. 2022 marks the observance of
b/w: India and Germany the 15th edition of the Sweden-India
Purpose: for easier access to study, research and Nobel Memorial Week.
work between both countries.
✓ Indian students can now get joint degrees
and dual degrees through collaboration
Union Minister Anurag Thakur
between Indian and German universities at inaugurates India’s first Drone Yatra in
university level. Chennai; Meghalaya Govt unveils Asia’s
1st Drone Delivery Hub
EPFO Data Shows 35% Jump in Formal The Union Minister Anurag Singh Thakur, Ministry
Job Creation in H1 FY23 of Youth Affairs and Sports (MYAS) and Ministry of
According to an analysis of the data released by Information and Broadcasting, inaugurated India’s
the Employees’ Provident Fund first Drone Skilling and Training Virtual E-Learning
Organization (EPFO), 87.1 lakh new formal Platform in Chennai, Tamil Nadu (TN).
jobs were generated in India during the first half of ✓ Garuda Aerospace’s plan to make one lakh
the current financial year (H1 FY23), a 35 % ‘Made in India’ drones by 2024 with a dual
rise from H1 FY22. objective of empowering farmers and
✓ EPFO payroll data covers the organised creating employment for Indian youth. The
sector’s workforce for enterprises with Indian drone market is expected to reach
more than 20 employees and provident USD 5 billion in 2024.
fund accounts. Meghalaya government in partnership with startup
✓ EPFO: CEO – Neelam Shami Rao; HQ – New TechEagle has unveiled Meghalaya Drone Delivery
Delhi, Delhi; Establishment – 1952. Click Network (MDDN) and hub which is Asia’s first
here to read more. drone delivery hub and network aimed at providing
universal access to healthcare for 2.7 million people
of Meghalaya.
SHE STEM 2022 held as a part of Sweden
India Nobel Memorial Week 2022
UNDP Helps Waste Segregation Workers
SHE STEM 2022, the annual event organised as a
part of the Sweden India Nobel Memorial
to Access Government Schemes
Week to celebrate the women in the field of United Nations Development Programme (UNDP)
Science, technology, engineering, and mathematics is helping workers of waste segregation sector to
(STEM), was held in New Delhi, Delhi on 5th move into formal economy by helping them to
December 2022. This marks the 3rd edition of the access government welfare programmes.
SHE STEM event, a flagship event of the Sweden-
India Nobel Memorial Week.

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INTERNATIONAL AFFAIRS

UNESCO recommended to place ✓ According to the United Nations (UN)


Australia’s Great Barrier Reef on ‘in statement, mpox was its new preferred
name for monkeypox and that both names
danger’ List
would be used for the next year as the
The United Nations Educational, Scientific and
previous name is phased out.
Cultural Organization (UNESCO) released a report
✓ The 1st human monkeypox case was
recommending Australia’s Great Barrier Reef (GBR)
recorded in 1970.
on a list of world heritage sites in danger. It is the
world’s biggest coral reef ecosystem.
✓ This recommendation of ‘in danger’ status India to receive over record $100 bn in
will be considered with submissions from Remittances in 2022: World Bank Brief
the Federal and Queensland governments The World Bank in its 37th Migration and
(Australia) before UNESCO makes a final Development Brief 2022 titled ‘Remittances Brave
decision on its status. Global Headwinds, Special Focus: Climate
✓ The report is written by experts from the Migration’ stated that India is all set to receive
International Union for Conservation of more than USD 100 billion (bn) in yearly
Nature (IUCN) and UNESCO. remittances in 2022. Click Here for full report
✓ UNESCO: Director-General– Audrey ✓ This means migrant workers from India will
Azoulay; HQ– Paris, France; send a record USD 100 bn in 2022 to their
Establishment– 1945 (came into force in home country (India), despite global
1946). Click here to read more. headwinds like rising prices.
✓ This is for the first time a single country
UNCTAD’s Review of Maritime Transport will receive more than USD 100 bn in yearly
remittances. Click here to read more.
for 2022: Global shipping growth at risk
from economic crisis
According to the “Review of Maritime Transport –
World Bank Report: Over 160-200
2022” published by the United Nations Conference Million Indians Could Be Exposed to
on Trade and Development (UNCTAD), the pace of Lethal Heat Waves Annually
global shipping activity is set to decrease in 2023 According to the World Bank (WB) Report
due to the impacts of economic turmoil, the conflict titled “Climate Investment Opportunities in
between Ukraine and Russia and the impact of India’s Cooling Sector,” India is experiencing
COVID-19 pandemic on the outlook for trade. increasing temperatures every year, and by 2030,
✓ The report has estimated that the global over 160-200 million people across the country
maritime trade growth would moderate to could be subjected to severe heat waves every year.
1.4% in 2022 and remain at the same level ✓ Due to productivity declines brought on by
in 2023. heat stress, 34 million people in India would
✓ UNCTAD: Secretary–General– Rebeca lose their jobs.
Grynspan; HQ– Geneva, Switzerland. Click ✓ The India Cooling Action Plan (ICAP) was
here to read more. launched in 2019 by the Ministry of
Environment, Forests, and Climate Change
WHO renames Monkeypox as ‘mpox’, (MoEF&CC) to provide sustainable cooling
solutions across various sectors. Click here
citing Racism, Discrimination Concerns
to read more.
The World Health Organisation (WHO) has
renamed monkeypox as mpox, citing concerns the
original name of the decades-old animal disease
could be construed as discriminatory and racist.

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CAGs of India & Chile Sign MoU to PDF ✓ These include 39 items in the
enhance the professional practices Representative List of the Intangible
Cultural Heritage of Humanity, 4 items in
between two countries
the Register of Good Safeguarding Practices,
The Comptroller and Auditor General (CAG) of
and 5 in urgent safeguarding list. Click here
India and the Comptroller General of the Republic
to read more.
of Chile signed a Memorandum of Understanding
(MoU) to develop institutional and professional
capacities and learn from each other’s best ICAO Aviation Safety Ranking: India’s
practices in Santiago, Chile. Global Ranking Increases from 102 to
✓ The MoU was formally signed by Girish 48, Surpasses China & Denmark
Chandra Murmu, CAG of India, and Jorge According to the latest aviation safety ranking
Bermudez Soto, the Comptroller General of released by the International Civil Aviation
the Republic of Chile. Organization (ICAO), India’s ranking has risen
to 48th, up from 102nd in 2018. The ranking, which
UNDP Report: Number of People also ranks India ahead of China (49), is the best
Forcibly Displaced Crossed 100 Million ever obtained by India. India and Georgia are in
48th position, each with a score of 85.49 %.
in 2022
✓ India now ranks above China (49), Israel
According to the report “Turning the Tide on
(50), Turkey (54), Denmark (55) and
Internal Displacement: A Development
Poland (60), in terms of effective
Approach to Solutions,” more than 100 million
implementation of key safety elements, with
people were forcibly displaced in 2022 for the first
a score of 85.49%.
time, the majority of whom were forcibly displaced
Top 3 Countries in The ICAO Aviation Safety
within their own countries.
Ranking:
✓ The report was created by the United
Nations Development Rank Country Score
Programme (UNDP) in partnership with 1 Singapore 99.69%
the Internal Displacement Monitoring 2 United Arab Emirates (UAE) 98.80%
Centre (IDMC). The IDMC gathered the data
3 Republic of Korea 98.24%
from January 2021 to January 2022.
✓ UNDP: Administrator – Achim Steiner; Click here to read more.
HQ – New York, United States (US);
Establishment – 1965. Click here to read Knight Frank Report: Mumbai Takes
more. 22nd Spot in Prime Global Cities Index
Q3 2022
17th session of the Intergovernmental According to the “Prime Global Cities Index Q3
Committee for the Safeguarding of the 2022” published by property consultant Knight
Intangible Cultural Heritage held in Frank, Mumbai (Maharashtra) ranked 22nd in this
global index that analyses the annual price
Rabat, Morocco
appreciation of premium residential properties.
The 17th session of the Intergovernmental
✓ Knight Frank reports that in the third
Committee for the Safeguarding of the Intangible
quarter (Q3—July-September) of 2022,
Cultural Heritage was hosted by the North African
average annual prices increased in three
Country, the Kingdom of Morocco (Morocco) in its
Indian cities—Mumbai, Bengaluru
capital city Rabat.
(Karnataka), and New Delhi (Delhi).
✓ The session witnessed the inclusion of 47
new items in the UNESCO Intangible
Cultural Heritage list submitted by 60
countries.

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UNEP Report: Doubling Finance Flows Road Traffic Injuries – 2nd Leading
into NbS by 2025 To Deal with Global Cause of Death Among Children Aged 5
Crises to 14: WHO Report
According to the United Nations Environment According to the World Health Organization
Programme (UNEP) report “State of Finance for (WHO)’s new analysis titled “Preventing injuries
Nature 2022 – Time to Act: Doubling Investment and violence: An overview”, Road traffic injuries are
by 2025 and Eliminating Nature-Negative the 2nd leading cause of death among children aged
Finance Flows,” financing for nature-based 5 to 14 years.
solutions (NbS) must be doubled to address the ✓ The report was released on 28th November
multiple global crises of climate change, 2022 during the 14th World Conference on
biodiversity loss, and land degradation. Injury Prevention and Safety Promotion,
✓ The UNEP, in collaboration with the German held in Adelaide, Australia.
Federal Ministry for Economic Cooperation
and Development (BMZ), the United Nations Global Trade Growth to slow down in
Convention to Combat Desertification
2023: WTO Barometer
(UNCCD), and the European Commission,
According to the recent World Trade Organisation
published the 2nd edition of the State of
Goods Trade Barometer, global trade growth is
Finance for Nature report (2022).
expected to slow down in the last quarter of 2022
and in 2023 as countries experience significant
challenges to their economies amid Ukraine-Russia
war, high energy prices, and monetary tightening.
The current goods trade Barometer index value is
96.2.
✓ The barometer index is projected to decline
due to the negative readings in sub-indices
representing exports (91.7), air freight
(93.3) and electronic components (91.0).

BANKING & FINANCE

India Extends Financial Assistance issuer to 12% of the Net Asset Value (NAV) from
Worth USD 100 million to Maldives 10% w.e.f. November 29, 2022 on all new schemes.
India has provided financial assistance of USD 100 ✓ Existing schemes will be exempt until the
million in the form of Budgetary support to maturity of the underlying debt and money
the Maldives government to ease its difficult market securities.
economic challenges. ✓ MF schemes cannot invest more than 10%
✓ The financial support will be provided of its NAV in debt and money market
through subscription in Maldives’ securities rated AAA, and 8% of a scheme’s
Government Domestic Treasury bonds by NAV in securities rated AA.
SBI, Malé, Maldives.
SBM Bank & OPEN Partners to Launch
SEBI hikes debt funds’ limit to 12% Asia’s first end-to-end Embedded
in Single Issuer Securities Finance Platform
The Securities and Exchange Board of India Partnership b/w: SBM Bank India with Open
(SEBI) has increased the investment limit of mutual Financial Technologies Private Limited
funds (MFs) in debt instruments issued by a single Purpose: to launch Asia’s first end-to-end
Embedded Finance platform, ‘Zwitch’.

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✓ PDF
Zwitch will offer a no-code, low-code and ✓ The new guidelines will take effect on
full-stack Application Programming January 1, 2023. Click here for official
Interface (API) solution that enables notification.
fintechs to build their own financial
products using Zwitch’s technology stack, India & South Korea Signs Agreement for
which comprises drag-drop dashboard, low- EDCF Loan worth 1500 Crore
code plugins along with 300+ APIs. Agreement b/w: India and South Korea signed an
agreement
YES Bank Partners with Turtlefin to Purpose: for an Economic Development
Launch First Comprehensive Technology Cooperation Fund (EDCF) loan of Korean Won
Platform, ‘EasyNsure’ 245.081 billion (approx. Rs. 1,495.68 crores) for
Partnership b/w: YES BANK the establishment of an Intelligent Transport
with TurtleFin, India’s leading insurtech platform System on the Nagpur-Mumbai Super
Purpose: to launch ‘EasyNsure’, a first-of-its- Communication Expressway Project with a goal to
kind comprehensive technology platform, that will improve traffic management efficiency.
bring multiple insurance partners onto a common ✓ This is the first project that is funded by an
platform. EDCF loan by the Government of the
✓ Yes Bank: MD & CEO – Prashant Kumar; Republic of Korea.
Establishment – 2004; HQ – Mumbai, ✓ South Korea: President – Yoon Suk-yeol;
Maharashtra Capital – Seoul; Currency – South Korean
Won (KRW)
RBI: Authorises TMBL to Undertake
Government Business; Modifies Digital Fino Payments Bank & Protean Partners
Lending Norms Effective from to Expand PAN card Issuance services in
1st December India
Reserve Bank of India (RBI) authorised Tamilnad Partnership b/w: Fino Payments
Mercantile Bank Limited (TMBL) to undertake Bank with Protean eGov Technologies (formerly
government business on behalf of RBI. NSDL e-Governance Infrastructure Limited)
The RBI modified guidelines on digital Purpose: to expand Permanent Account number
lending that was issued in September 2022 to (PAN) card issuance services in India, especially in
protect customers from exorbitant interest rates by rural areas
certain entities and also check unethical loan ✓ Protean eGov Technologies accepts and
recovery practices, effective from 1st December processes PAN applications on behalf of the
2022. Income tax department.
✓ Fino Payments Bank Limited: MD & CEO
SEBI Reduces Timeline for Listing Debt – Rishi Gupta; HQ – Navi Mumbai,
Maharashtra; Establishment – 2017
Securities Issued On Private Placement
Basis
Germany Announces 1 billion EURO for
In an attempt to enhance the availability of
securities for trading by investors, the Securities
Energy Transition Projects in India
and Exchange Board of India (SEBI) reduced the Germany launched a proposal to grant 1 billion
timeline for the listing of debt securities issued EURO (8440 crore) for energy transition projects
through private placement to T+3 days from the across India under a bilateral partnership for green
current timeline of T+4 days. (T refers to issue and sustainable development.
closure date). ✓ The funding comprises 10% in grants and
the remaining 90% will be in the form
of lines of credit.

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✓ The lines of credit will be providedPDF
by KfW ICICI Bank Launches STACK for
Development Bank with ‘very cheap Companies in Real Estate Sector
interest’ ranging from 2.7% to 3.2% for ICICI Bank Limited launched a STACK for
development projects in states including companies in the real estate sector to offer
Tamil Nadu and Meghalaya solutions to their banking requirements on one
platform.
RBI adopted Four-Tiered Regulatory ✓ ICICI Bank is the first bank in the industry
Framework for UCBs; Signs Letters of to offer real estate specific STACK to
Cooperation with FSA, Japan provide unparalleled convenience to the
The Reserve Bank of India (RBI) revises companies in the real estate sector.
Framework of Categorization of Urban Co- ✓ ICICI Bank Ltd: MD & CEO – Sandeep
operative Banks (UCBs) for Regulatory Purposes. Bakhshi; HQ – Mumbai, Maharashtra;
This revision will be applicable to all Primary Establishment – 1994
(Urban) Co-operative Banks w.e.f December 1,
2022. RBI has adopted the following four-tiered IIFL Mutual Fund Launches India’s First
regulatory framework from the existing two-tiered Passive Tax-Saver Fund – IN50
framework, for categorization of UCBs in order to IIFL Mutual Fund has launched India’s first passive
strengthen the financial soundness of the UCBs. tax saver fund, IIFL Equity-Linked Savings
✓ Tier 1 – All unit UCBs and salary earners’ Scheme (ELSS) Nifty 50 Tax Saver Index Fund
UCBs (irrespective of deposit size), and all (IN50), which will be on sale through New Fund
other UCBs having deposits up to Rs 100 Offering (NFO).
crore ✓ The new scheme will provide the dual
✓ Tier 2– UCBs with deposits more than Rs advantage of tax saving under Section 80C
100 crore and up to Rs 1000 crore of the Income Tax Act, 1961 and the
✓ Tier 3 – UCBs with deposits more than Rs potential to benefit from a diversified
1000 crore and up to Rs 10,000 crore exposure to the equity markets.
✓ Tier 4 – UCBs with deposits more than Rs
10,000 crore. Click here to read more. BookMyForex launches “Interbank
Rate Forex Card”, India’s first true Zero
BoB’s Launches Foreign Currency Loan
Markup Travel Card
against INR Deposits Online foreign exchange marketplace
Bank of Baroda (BoB) has launched Foreign BookMyForex.com launched Interbank Rate
Currency Loan against INR Deposits of Indian Multi-Currency Forex Card which is India’s first
Companies for their Overseas Subsidiaries/Joint true zero markup travel card. It is co-branded
Ventures (VS) in Gujarat International Finance Tec- multi-currency card developed in association
City (GIFT City) branch in Gandhinagar, Gujarat. with Yes Bank, and M2P Fintech. It is powered
✓ It provides an alternative facility for the by Visa.
Indian companies to raise funds for their ✓ BookMyForex.com, a MakeMyTrip Group
international businesses. Company is India’s very first tech initiative
✓ BoB is the first bank to offer this facility at in the foreign exchange domain and the
GIFT City. market leader in the online retail forex
✓ BoB: MD & CEO – Sanjiv Chadha; HQ space.
– Vadodara, Gujarat; Establishment – 1908

City Union Bank authorised to enable


GST Payments
The Goods and Services Tax (GST) Network, under
the auspices of the GST Council, has listed City

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Union Bank (CUB), an old private-sector institution, ✓ As per latest NPCI data, PhonePe processed
as one of the banks that can pay GST. over 47.26% of the transactions done
through UPI in October 2022, whereas
Tata Play becomes 1st firm to file Google Pay had 34% share and Paytm
confidential DRHP with SEBI for IPO around 15%. Google Pay and PhonePe have
Tata Play (formerly Tata Sky), has become a combined market share of over 81% in
the 1st company to file a confidential Draft Red volume terms of total transactions
Herring Prospectus (DRHP) with the Securities and processed on UPI.
Exchange Board of India (SEBI) for its Initial Public
Offering (IPO). ADB & ABIS Signs USD 16 Million
✓ It will be the Tata group’s 1st IPO in 2 Agreement to Support Fish Farming in
decades. The group last entered the primary India
market through TCS in 2004. Partnership b/w: Asian Development
Bank (ADB) & ABIS Exports India Private
RBI launches ‘Digital Rupee – Retail Limited (ABIS)
segment (e₹-R)’ in Four Cities; Issues Rs Purpose: to form an agreement on sustainability-
1.71cr linked and blue-debt facility, a non-convertible
The Reserve bank of India (RBI) launched its pilot debenture worth USD 16 million (in equivalent
on retail digital currency/ rupee called ‘Digital Indian rupee).
Rupee – Retail segment (e₹-R)’, a Central Bank ✓ This is ADB’s first private sector
Digital Currency (CBDC) which is an electronic form sustainability-linked financing, with
of sovereign currency. adjustments in pricing when pre-defined
✓ In the retail pilot of the digital rupee, 8 sustainability targets are met.
banks have been identified for phase-wise ✓ The Specialised micro fish feed is a new
participation in 4 cities product in the Indian market and is smaller
of Mumbai (Maharashtra), New in size than standard fish feed and it is also
Delhi (Delhi), Bengaluru (Karnataka), suitable for more species of fish.
and Bhubaneswar (Odisha). ✓ ADB: President – Masatsugu Asakawa;
✓ In the first phase, 4 banks including State Establishment – 1966; HQ – Mandaluyong
Bank of India (SBI), ICICI Bank, YES Bank, City, Metro Manila, Philippines
and IDFC First Bank will take part.
✓ Four more banks viz. Bank of Baroda, Union NSE Indices Launches New Index – Nifty
Bank of India, HDFC Bank, and Kotak Bharat Bond Index – April 2023
Mahindra Bank will join this pilot NSE Indices Limited (formerly known as India
subsequently. Click here to read more. Index Services & Products Limited), a subsidiary of
the National Stock Exchange of India Limited (NSE),
NPCI extends deadline to Levy has launched a new index – Nifty BHARAT Bond
30% Cap on Digital Payment Index – April 2033, under the Nifty Bharat Bond
Index within the Nifty Bharat Bond Index series.
Transactions till Dec 31, 2024
✓ New tranche of the Bharat Bond ETF, India’s
The National Payments Corporation of India
first corporate bond exchange traded fund
(NPCI) has extended the deadline for limiting
(ETF) has been launched for New Fund
volume cap to 30% for Third Party Payment
Offer (NFO) of the ETF, which will open
Application Providers (TPAP) in Unified
from 2nd December 2022 to 8th December
Payments Interface (UPI) by two years till
2022.
December 31, 2024. At present, there is no volume
✓ This new Bharat Bond ETF and Bharat Bond
cap.
Fund of Fund (FOF) series will mature
on 18th April 2033.

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NIHR Global Health Research Centre ✓ Razorpay: MD & Co-founder – Shashank
Grants EURO 10 million Grant for Long Kumar; HQ – Bengaluru, Karnataka;
Establishment – 2014
Term Research in India & Nepal
Researchers from the Public Health Foundation
of India and University of Leicester (England) ICICI Lombard, AU Small Finance
have been awarded a prestigious grant of Bank tied-up for Bancassurance
nearly EURO 10 million by the National Institute Bancassurance Tie-up b/w: AU Small Finance Bank
for Health and Care Research (NIHR) Global & ICICI Lombard General Insurance
Health Research Centre, United Kingdom (UK). ✓ Under this, the insurer will utilize the
✓ The researchers will collaborate with the All bank’s diverse customer’s access, and
India Institute of Medical Science (AIIMS), enhance penetration across India.
Jodhpur, Health Related Information ✓ ICICI Lombard: MD & CEO–
Dissemination Amongst Youth (HRIDAY), Bhargav Dasgupta; HQ– Mumbai,
Delhi, India and Kathmandu Medical College Maharashtra
(KMC), Kathmandu, Nepal. ✓ AU Small Finance Bank: MD & CEO–
Sanjay Agarwal; HQ– Jaipur, Rajasthan
Worldline India Report: Digital
Payments Worth Rs. 38.32 Trillion Spice Money & Axis Bank Partners for
Carried Out in Q3 2022 Financial Inclusion in Rural India
According to the “India Digital Payments Report Partnership b/w: Spice Money Limited, a
Q3 2022” released by financial services company Rural fintech player with Axis Bank
Worldline India, more than 23 billion digital Purpose: to facilitate the opening of instant, zero
payment transactions worth Rs. 38.32 trillion were balance savings or current accounts for rural
made in July-September (Q3) 2022. citizens through its Adhikari network.
✓ These payments were made through ✓ Recently, Spice Money has come on board
prepaid payment options such mobile the government-promoted e-commerce
wallets, debit and credit cards, and the platform, Open Network Digital
Unified Payments Interface (UPI). Commerce (ONDC), to facilitate smaller
✓ UPI recorded more than 19.65 billion merchants in rural locations.
transactions worth Rs. 32.5 trillion in Q3 ✓ Spice Money: Founder-Dilip Modi; Co-
2022. The top 3 UPI apps in terms of founder & CEO – Sanjeev Kumar; HQ
volume and value as of Q3 2022 were – Noida, Uttar Pradesh
PhonePe, Google Pay, and Paytm Payments
Bank App. Federal Bank unveils ‘Football Fiesta’
Campaign
Razorpay Enables Merchants to Accept Federal Bank Limited, a leading private sector bank,
Credit Card Payments on UPI has launched the ‘Football Fiesta’ campaign with
Fintech platform Razorpay announced a first-of-its- many prizes lined up to celebrate the FIFA World
kind move, in partnership with Axis Bank, to enable Cup 2022.
merchants to accept credit card transactions via
Unified Payments Interface (UPI) with minimal ADB Partners with GoI to Provide USD 3
changes to the existing setup. Million PRF Facility
✓ This facility has been enabled for the The Asian Development Bank (ADB) and the
customers of HDFC Bank, Punjab National Government of India (GoI) inked a USD 3 million
Bank (PNB), Union Bank and Indian Bank. Project Readiness Financing (PRF) agreement to
assist preparatory operations for designing
the “Agartala Municipal Infrastructure

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Development Project,” which aims to strengthen AFLI Launches Ageas Federal Life
municipal infrastructure in priority areas of Insurance Criti Care Plan for 30 Critical
Agartala, Tripura.
Illness
✓ ADB: President – Masatsugu Asakawa;
Ageas Federal Life Insurance (AFLI) launched
HQ – Manila, Philippines; Establishment –
‘Ageas Federal Life Insurance Criti Care Plan’, a
1966
comprehensive health insurance plan covering 30
critical illnesses and major diseases.
✓ AFLI: MD & CEO – Vighnesh Shahane; HQ
– Mumbai, Maharashtra; Establishment
– 2007

ECONOMY & BUSINESS

India’s Economic Growth slows to 6.3% TCS bags 6 years Contract from RDG to
in Q2FY23: NSO Data Create the UK’s Rail Data Marketplace
The National Statistical Office (NSO), Ministry of Tata Consultancy Services (TCS) announced that it
Statistics and Programme Implementation, (MoSPI) had been selected by the Rail Delivery Group (RDG)
released the Estimates of Gross Domestic Product to design, develop, implement, and operate the UK’s
(GDP) for the Second Quarter (July-September) Rail Data Marketplace (RDM).
2022-23 or Q2FY23. ✓ The contract between TCS and RDG is for a
✓ As per it, India’s gross domestic product term of 6 years including an extension term
(GDP) for the Q2FY23 slowed to 6.3% as opportunity.
compared to the expansion of 8.4% in
Q2FY22. It was 13.5% in the April-June IDFC AMC to be renamed as Bandhan
quarter of FY23 (Q1FY23). Mutual Fund as Regulators approve
✓ However, Indian economy is on track to
Change in Ownership
achieve an 8-7% GDP growth in FY23. Click
The Securities and Exchange Board of India (SEBI)
here to read more.
approved the Bandhan-led consortium’s proposed
acquisition of IDFC Asset Management Company.
REC Ltd signs MoU with PFC Ltd for ✓ After the acquisition, IDFC AMC will be
FY2022-2023 renamed Bandhan AMC and IDFC Mutual
REC Limited (formerly Rural Electrification Fund is proposed to be renamed Bandhan
Corporation Limited) signed a Memorandum of Mutual Fund.
Understanding (MoU) with Power Finance
Corporation Ltd (PFC), according to the S&P Global Lowers India’s Growth
Department of Public Enterprises (DPE)
Forecast; Pegs It at 6% For 2023
Performance Evaluation System for FY 2022–23 for
S&P Global Ratings reduced India’s real Gross
Central Public Sector Enterprises (CPSEs).
Domestic Product (GDP) growth for the following
✓ Vivek Kumar Dewangan, Chairman &
two fiscal years by 0.5 percentage points, citing a
Managing Director (CMD) of REC signed the
downturn in global demand, in its report “Global
MoU with Ravinder Singh Dhillon, CMD of
Credit Outlook 2023: No Easy Way Out”. GDP is
PFC.
expected to be 7% and 6% in fiscal years 2022 and
2023, respectively.
✓ S&P Global Ratings has calculated the fiscal
years as: 2022 = Financial year (FY) 2022 /
23 and 2023 = FY 2023 / 24.

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Airtel partners with Meta to develop India’s FY23 forecast to 6.5% from 7.5% amid
Undersea Cable Infrastructure for High- Russia-Ukraine War, rising global interest rates and
high inflation.
Speed Internet
✓ This is the first upgrade of India’s growth
Collaboration b/w: Bharti Airtel (Airtel)
forecast by any international agency amid
with Meta Platforms, Inc, the parent company of
the global turmoil.
Facebook, WhatsApp, and Instagram
✓ However, India’s real GDP growth at
Purpose: to support the growth of India’s digital
constant market prices will be slower
ecosystem.
at 6.6% in the FY2023-24 as compared to
✓ Airtel will partner with Meta and Saudi
7% projected earlier.
Telecom Company (STC) to extend 2Africa
✓ India’s real GDP growth at constant factor
Pearls, a subsea cable system, to India.
prices will be 4% in FY2023-24. Click here
✓ 2Africa is the world’s longest subsea cable
to read more.
system and is expected to provide faster
internet connectivity to almost 3 billion
people globally. Walmart & Flipkart Partners with NSIC
to Support MSMEs
World Bank upgrades India’s GDP Partnership: Walmart and Flipkart partnered
Growth Forecast for FY23 to 6.9%; Fitch with the National Small Industries
Corporation (NSIC)
retains it at 7%
Purpose: to accelerate capacity building for Micro,
The World Bank (WB) in its latest ‘India
Small and Medium Enterprises (MSMEs) across
Development Update- Navigating the
India.
Storm’ raised its Gross Domestic Product (GDP)
✓ NSIC: CMD – Gaurang Dixit; HQ – New
growth forecast for India during FY23 to 6.9% from
Delhi, Delhi; Establishment – 1955
6.5% in its October 2022 update. WB declined

AWARDS & RECOGNITIONS

Kerala Green Start-up Tree Tag bags 2022 Burgundy Private Hurun India
award in ‘Climathon-2022’ 500: Reliance Most Valued Indian Firm;
Tree Tag, a green start-up founded by climate- TCS Emerges Winner in India’s Top 10
conscious individuals from Kerala, striving to Private Employers’ List
reduce carbon emissions through tech-integrated The “2022 Burgundy Private Hurun India
afforestation projects, has won the Climathon 500,” the second edition of the list that ranks the
2022, the hackathon held at Kerala Technology 500 most valuable firms in India, was published by
Innovation Zone (KTIZ), Kochi, Kerala from 26 to Burgundy Private, Axis Bank’s Private Banking
27th November 2022. Business, and Hurun India. The cut-off date for this
✓ The Tree Tag team won the award under list was October 30, 2022.
the category of Life On Land, addressing According to the list, Reliance Industries
the problem statement such as ‘monitoring Limited (RIL) is the most valuable listed
and protecting existing forest eco-systems’. company in India, with a valuation of Rs 17.2 lakh
✓ Climathon-2022 focused on climate change crore, up 3.6% from 2021.
with the theme- ‘Securing a sustainable
and climate-resilient future’. Click here to
read more.

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Top 5 of 2022 Burgundy Private Hurun PDF
India NSEIT’s Manthan Platform wins Best
500: Tech Initiative Award at D&B Business
Value Chan Excellence Awards 2022
Ra Compa (Crore ge Headqua CEO/ The Manthan platform, powered by NSEIT won the
nk ny ) (%) rters MD
Best Tech Initiative of the Year at the Dun &
Relianc Bradstreet Business Excellence Awards 2022
e
during the ‘Business Enterprises of Tomorrow
Industri
es Rs. 17, Mumbai, 2022’ event in Mumbai, Maharashtra.
Limited 25, 058 3.60 Maharasht Mukesh The theme for the Business Enterprises of
1 (RIL) Crore % ra Ambani Tomorrow 2022 event is ‘Time for India’s New-
Tata Age’.
Consult Rs. ✓ Manthan platform promotes collaboration
ancy 11,68,3 - Mumbai, Rajesh between industry and the scientific
Services 90 10.80 Maharasht Gopinat research and development ecosystem.
2 (TCS) Crore % ra han ✓ Manthan was launched on India’s 76th
Sashidh Independence Day (15th August 2022).
Rs. - Mumbai, ar
HDFC 8,33,65 7.90 Maharasht Jagdish
3 Bank 6 Crore % ra an The Earthshot Prize 2022: UK’s Prince
Rs.6,46, - William Unveils 5 Winners of 2nd
985 13.90 Bengaluru, Salil Annual Earthshot Prize Awards
4 Infosys Crore % Karnataka Parekh William, Prince of Wales, announced the winners of
Sandee the Earthshot Prize 2022, the 2nd edition of the
Rs. Mumbai, p annual awards, at the awards ceremony held at the
ICICI 6,33,17 17.70 Maharasht Bakhsh
MGM Music Hall in Boston, the United States of
5 Bank 1 Crore % ra i
America(USA).
Click here to read more.
✓ Every year till 2030, 5 Earthshot Prizes will
be awarded to support the environmental
Book on Chipko Movement Wins innovation projects for the future.
Kamaladevi Chattopadhyay NIF Prize ✓ The prize was inspired by US President John
2022 F. Kennedy’s ‘Moonshot’ which aimed to put
Kamaladevi Chattopadhyay NIF Book Prize a man on the moon and catalysed the
2022 was awarded to ‘The Chipko Movement: A development of new technology in 1960s.
People’s Movement’ (Published by Permanent Winners of The Earthshot Prize 2022:
Black), a book on the popular forest conservation Category Winner Country
campaign Chipko Movement written by a historian
Protect &
and an activist Shekhar Pathak.
Restore Nature Kheyti India
✓ The book, ‘The Chipko Movement: A
People’s Movement’, has been translated Clean Our Air Mukuru Clean Stoves Kenya
from Hindi by Manisha Chaudhry. Revive Our Indigenous Women Of
✓ The 2022 was the 5th edition of the Oceans The Great Barrier Reef Australia
Kamaladevi Chattopadhyay NIF Book Prize. Build A Waste United
✓ The New India Foundation has been Free World Notpla Kingdom
awarding the annual Kamaladevi
Fix Our Climate 44.01 Oman
Chattopadhyay NIF Book Prize.
Click here to read more.

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Canara Bank Wins Banker’s BankPDF
of the for Science 2022 under the Prime Minister’s Prize
Year Award 2022 for India at Global for Excellence in Science Teaching in Secondary
Schools category.
Banking Summit
✓ Veena Nair, STEAM (Science, Technology,
Canara Bank received the Banker’s Bank of the
Engineering, Arts and Mathematics) Project
Year Award 2022 for the India segment (Under
Leader and Head of Technology at
Asia Pacific Region) at the Global Banking Summit,
Viewbank College, Melbourne, Australia,
held in London, United Kingdom (UK) from 29th
was honoured for demonstrating the
November 2022 to 1st December 2022. Click here
practical application of STEAM to students,
for the complete list of 2022 winners
and how to use their skills to make a real
✓ Canara Bank: MD & CEO – L V Prabhakar;
impact in the world.
HQ – Bengaluru, Karnataka; Establishment
✓ Prime Minister’s Prizes for Science is the
– 1906
most prestigious prizes in Australia for
outstanding achievements in scientific
Farmkart Founder Atul Patidar Wins research, research-based innovation, and
‘Pride of Central India 2022’ Award excellence in science teaching. Click here for
Atul Patidar, founder and Chief Executive Officer the categories and the 2022 winners.
(CEO) of Farmkart Online Services Private
Limited (central India’s first agritech innovation ‘Goblin mode’: Oxford Dictionaries Word
startup) was awarded the prestigious ‘Pride of of the Year 2022
Central India 2022’ award for transforming the The Oxford English Dictionary has chosen ‘Goblin
lives of rural farmers. mode’ as the word of the year 2022 by an online
vote. Goblin Mode received 93% of the votes
Indian billionaires Gautam Adani, Shiv against contenders “metaverse” (2nd) and
Nadar & Ashok Soota Featured on Asia’s “#IStandWith” (3rd). For the first time, the choice
2022 Heroes of Philanthropy List by of Word of the Year was opened to public voting.
✓ ‘Goblin mode’ is a slang term, that refers
Forbes
to the type of behaviour which is
India’s richest person Gautam Adani, Chairman of
unapologetically self-indulgent, lazy,
Adani Group; Shiv Nadar, Founder of HCL
slovenly, or greedy, typically in a way that
Technologies; and Ashok Soota, Executive
rejects social norms or expectations.
Chairman of Happiest Minds Technologies along
with Malaysian couple Brahmal Vasudevan and
his wife Shanthi Kandiah, a lawyer, were featured Swayam Shikshan Prayog Wins Local
on Forbes’ Asia’s 2022 Heroes of Philanthropy list. Adaptation Champions Award at COP27
✓ The 2022 list is the 16th edition of Forbes’ Climate Summit
annual list(unranked) that highlights the Swayam Shikshan Prayog (SSP), a Pune
region’s top philanthropists who (Maharashtra) based Non-Government
demonstrated a strong personal Organisation (NGO) won the Local Adaptation
commitment to causes like education and Champions Award under the “capacity and
the environment. knowledge” category for its work in supporting
women farmers to adopt more resilient and
Indian-origin Teacher Veena Nair sustainable agricultural practices in Marathwada in
Maharashtra.
receives the 2022 Prime Minister’s Prize
✓ The award was announced by the Global
in Australia Centre on Adaptation (GCA), at the
Veena Nair, an Indian-origin teacher in Melbourne, Conference of Parties (COP) 27 climate
Australia, has received the Prime Minister’s Prizes summit held in Sharm El-Sheikh, Egypt.

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Priyanka Chopra and 3 other Indians ✓ McLaughlin-Levrone broke the world
featured in BBC’s 100 Women list 2022 women’s 400 m hurdles record twice and
4 Indian Women, Actress and producer, Priyanka Mondo Duplantis has set three new world
Chopra Jonas; Sirisha Bandla, Aeronautical records in 2022.
engineer; Booker-winning author Geetanjali Adriana Vilagos of Serbia(javelin throw) and
Shree and Social Worker Sneha Jawale, are Erriyon Knighton of United States of America (USA)
featured on the British Broadcasting (sprinter) have been named the Rising Stars of
Corporation (BBC)’s 100 Women list 2022, a list 2022 by World Athletics.
of 100 inspiring and influential women from ✓ Erriyon Knighton has won his second
around the world for 2022. consecutive Rising Star of the Year
✓ The 2022 list reflects the role of women at award. He previously won the award back
the heart of conflict around the world in in 2021.
2022.
✓ BBC: Chairman– Richard Sharp; HQ– South Korea’s Mina Sue Choi Crowned
London, United Kingdom. Click here to Miss Earth 2022
read more. South Korea’s Mina Sue Choi was crowned Miss
Earth 2022 at the Okada Manila in Parañaque,
Sydney McLaughlin-Levrone & Armand Metro Manila, Philippines. It is the 1st significant
Duplantis Named World Athletes of the pageant victory for South Korea after 20 years of
participation in the Miss Earth competition. Miss
Year 2022
Earth 2022 is the 22nd edition of the Miss Earth
American hurdler and 2022 World
pageant.
champion Sydney McLaughlin-Levrone and
✓ Mina Sue Choi succeeded Destiny
Swedish pole vaulter and current Olympic and
Wagner of Belize, Miss Earth 2021.
World champion Armand Mondo Duplantis have
✓ Miss Earth 2022 was hosted by Filipino-
been named the World Athletes of the Year
British television host and automotive
2022 by Global Sports governing body the World
journalist James Deakin for the 6th
Athletics.
consecutive time.

APPOINTMENTS & RESIGNATIONS

India Assumes UN Security Council India to Assume Chairmanship of


Presidency for December Wassenaar Arrangement on 1st January
On 1st December 2022 India assumed India will assume the chairmanship of
the Presidency of the United Nation Security the Wassenaar Arrangement (WA), a multilateral
Council (UNSC) for the month of December, technology control agreement, on 1st January
the second time in its two-year tenure as an 2023, for a period of one year.
elected member of the Council in 2021-22. ✓ Ireland’s ambassador Eoin O’Leary handed
✓ India had earlier assumed the UNSC over the chairmanship to India’s
Presidency in August 2021. ambassador Jaideep Mazumdar, permanent
✓ UNSC: India’s permanent representative representative to the UN and international
to UN – Ruchira Kamboj; HQ – New York, organisations in Vienna at the 26th annual
United States; Establishment – 1945 plenary of the WA held in Vienna between
30th November and 1st December 2022.
✓ Wassenaar Arrangement is a multilateral
export control regime established in 1996,

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monitors the transfers of conventional Uttarakhand Appoints Padma Shri Awar
weapons and dual-use goods. dee Prasoon Joshi as its Brand
Ambassador
Mahua Acharya resigns as MD & CEO of The Uttarakhand government has appointed
state-owned CESL Padma Shri awardee Prasoon Joshi, the Chief
Mahua Acharya, Managing Director (MD) and Executive Officer (CEO) and Chief Commercial
Chief Executive Officer (CEO) of state-owned Officer (CCO) of McCann Worldgroup India as its
Convergence Energy Services Ltd (CESL) has brand ambassador.
resigned from the top post. ✓ Prasoon Joshi is a
lyricist, writer and
Senior Nuclear Scientist K V Suresh artist native of
Kumar is New BHAVINI CMD Almora, Uttarakhand.
K.V. Suresh Kumar, a renowned Scientist of the He is currently
Department of Atomic Energy assumed charge as serving as
Chairman & Managing Director (CMD) of Bharatiya the Chairman of the
Nabhikiya Vidyut Nigam Limited (BHAVINI) at Central Board of Film Certification (Censor
Kalpakkam, Tamil Nadu for a tenure of 3-years. Board).
✓ He has written the script for
TTFI Elections: Meghna Ahlawat Bhaag Milkha Bhaag, the 2013 award-
winning film and has also written the lyrics
Becomes First Woman President of TTFI;
for songs in Bollywood movies including
Kamlesh Mehta Becomes Secretary Rang De Basanti, Fanaa and Taare Zameen
General Par.
Meghna Ahlawat was elected as the first female The Uttarakhand government has signed a two-
President of the Table Tennis Federation of India year agreement with McKinsey, a global
(TTFI) and former Indian Table Tennis management consultancy, under Shashakt
player Kamlesh Mehta, an eight-time national (empowered) Uttarakhand mission for achieving
champion and Arjuna awardee (1985) took over as the target of doubling its Gross State Domestic
the new secretary general of the TTFI. Product (GSDP) by 2027.
✓ Meghna Ahlawat is the wife of the outgoing
President of TTFI, Dushyant Chautala,
Deputy Chief Minister(CM) of Haryana.

ACQUISITIONS & MERGERS

Tata group & Singapore Airlines agrees RBI Grants Conditional Approval to
to merge Air India and Vistara Carlyle Group, Verventa Holdings to Buy
Singapore Airlines (SIA) and Tata Sons (Tata) 10% Stake in YES Bank
agreed to merge Air India and Vistara, with SIA The Reserve Bank of India (RBI) has granted a
also investing Rs 20,585 million (SD 360 million, conditional approval to the Carlyle Group
USD 250 million) in Air India as part of the and Verventa Holdings to acquire 9.99 % of paid
transaction. up share capital each in YES Bank through
✓ As a result, SIA would hold a 25.1% share subscription to equity shares and share warrants of
in an enlarged Air India group that would the Bank.
have a significant presence in all important
market segments. SIA and Tata aim to
complete the merger by March 2024.

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✓ PDF
Yes Bank: MD & CEO – Prashant Kumar; ✓ Acquirer– Bharat Biotech International
Establishment – 2004; HQ – Mumbai, Limited; Target– Eastman Exports Global
Maharashtra Clothing Pvt. Limited
✓ The Proposed Transaction is notified under
CCI approves the deal between Bharat the green channel route in terms of
Biotech International & Eastman Regulation 5A and Schedule III of the
Competition Commission of India
Exports
(Procedure in regard to the transaction of
The Competition Commission of India (CCI) had
business relating to combinations)
approved the proposed combination of Bharat
Regulations, 2011 (as amended).
Biotech International Limited (BBIL) for acquiring
✓ CCI: Acting Chairperson- Sangeeta Verma;
the shares of Eastman Exports Global Clothing
Establishment- 14th October 2003;
(EEGC) Pvt Ltd through a share purchase
HQ- New Delhi, Delhi
agreement.

SCIENCE & TECHNOLOGY

JAXA Uses Steam to Successfully Propel Israeli Navy successful test fired long-
its Moon Spacecraft, EQUULEUS range interceptor missile against cruise
Japan Aerospace Exploration Agency (JAXA) has missile
successfully used steam (water) to propel its The Israeli Navy successfully tested the first-of-
CubeSat EQUilibriUm Lunar-Earth point 6U its-kind long-range interceptor missile against an
Spacecraft (EQUULEUS), that was launched as one “advanced” cruise missile LRAD, part of the Barak
of the payloads aboard National Aeronautics and MX defense system. LRAD was launched from a
Space Administration (NASA)’s Orion spacecraft. Sa’ar 6-class corvette INS Magen. "INS" stands for
✓ This is the world’s first successful orbit "Israeli Navy Ship".
control beyond low-earth orbit (LEO) using ✓ LARD was developed by the Israeli
a steam (water) propellant propulsion Aerospace Industries and the Defense
system. Ministry’s research and development
✓ The EQUULEUS has been placed in its division, known by the Hebrew
planned orbit towards the second Earth- acronym MAFAT.
Moon Lagrange point (EML2), a position
that is situated beyond the Moon. China launches three astronauts to
Tiangong space station
ICG commissioned new ALH Mk-III China launched a spacecraft with a 3-person crew
squadron, 840 squadron, in Chennai to its under-construction Tiangong space station
The Director General of Indian Coast Guard(ICG), amid intensifying competition with the United
VS Pathania, commissioned 840 Squadron (840 States. It landed about 6 hours after the launch.
Sqn (CG)), an ICG Advanced Light Helicopter (ALH) ✓ The Shenzhou-15 spaceship carrying the
Mk-III squadron, at ICG Air Station, Chennai, Tamil aircraft was launched from the Jiuquan
Nadu. Satellite Launch Centre in Northwest
✓ ALH Mk-III helicopters are indigenously China.
manufactured by Hindustan Aeronautics
Limited (HAL). B-21 Raider: US unveils 6th generation
Nuclear Bomber
The United States (US) Airforce has unveiled its
newest nuclear stealth bomber, the B-21 Raider,
which is world’s first Sixth-Generation Aircraft.

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The technology behind this is developed and DRDO hands over AHSP of Akash
delivered by the Northrop Grumman. Weapon System to Missile Systems
✓ It is named in honour of the Doolittle
Quality Assurance Agency
Raids of World War II when 80 men, led by
Defence Research and Development Organisation
Lt. Col. James Jimmy” Doolittle, and 16 B-25
(DRDO) handed over the Authority Holding Sealed
Mitchell medium bombers set off on a
Particulars (AHSP) of the Akash Weapon System
mission that changed the course of World
(Indian Army Version) to Missile Systems Quality
War II.
Assurance Agency (MSQAA) in Hyderabad,
Telangana.
IIT Madras develops Sindhuja-I or
‘Ocean Wave Energy Converter’ to Chinese Astronauts return to earth after
Generate Electricity from Sea Waves successful 6–Month mission
The researchers at the Indian Institute of Three Chinese astronauts landed back on earth on
Technology Madras (IIT Madras) have developed a board the re-entry capsule of the Shenzhou-14
device called Sindhuja-I or ‘Ocean Wave Energy spacecraft after completing a six-month mission on
Converter’, that can generate electricity from sea China’s space station. The three astronauts were
waves. Sindhuja means “created from the ocean” in commander Chen Dong and teammates Liu
Sanskrit. Yang and Cai Xuzhe.
✓ According to the IIT Madras statement, the ✓ They left for space on June 5, 2022 to
device was deployed approximately 6 supervise the Tiangong space
kilometres (km) off the coast of Tuticorin, station’s final phase of construction, which
Tamil Nadu, at a location with a depth of 20 was finished in November 2022.
metres.
✓ Sindhuja-I was funded by the Australian ISRO, IN-SPACe signed MoU with Vyom
Government’s Department of Foreign
Space to Develop Space Capsule
Affairs and Trade through the ‘Innovative
MoU b/w: Indian Space Research Organisation
Research Project’ of IIT Madras, TBI-KIET
(ISRO) and the Indian National Space Promotion
under the DST Nidhi-Prayas Scheme, and
and Authorisation Centre (IN-SPACe) with
the Australian Alumni Grant Scheme 2022.
Gurugram, Haryana-based private space firm, Vyom
Space Exploration and Services Private Limited
(Vyom Space).
Purpose: to develop niche technology in the field of
space, with a focus on a “human and cargo
transportation capsule programme”.
✓ IN-SPACe is India’s nodal space
authorization body and an autonomous
agency under the Department of Space,
Government of India (GoI).

ENVIRONMENT

Elaliite & Elkinstantonite: 2 New El Ali Meteorite, which was found in Somalia in
Minerals Discovered in El Ali Meteorite 2020.
✓ Elaliite comes from the name of El Ali
in Somalia
meteorite, and Elkinstantonite is named
A team of researchers from the University of
in honour of Vice president at Arizona State
Alberta (U of A) have discovered 2 new non-earth
University Lindy Elkins-Tanton, principal
minerals – elaliite and elkinstantonite, from the

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investigator of NASA’s upcoming Psyche Species Name: Melanochlamys bengalensis, a new
mission. species of head-shield sea slug.
✓ The first name, elaliite, comes from the Discovered by: scientists of the Zoological Survey
meteorite itself, which is officially called the of India (ZSI)
“El Ali” meteorite because it was found near Place of Discovery: coast of the Bay of Bengal near
the town of El Ali, Somalia. Digha (West Bengal) and other locations such as
Bakkhali, Tajpur, New Digha Udaipur in West
Melanochlamys bengalensis: New Bengal and Talsari, Chandipur, and Kanika Islands
Species of head-shield slug discovered in Odisha.
along the Coast of Bay of Bengal

SPORTS

Meltwater Champions Chess Tour 2022: 2022 is the 21st edition of the senior men’s 50-over
Magnus Carlsen Wins finals defeating cricket tournament.
✓ The Vijay Hazare Trophy, (officially
Jan-Krzysztof Duda
known as Mastercard Vijay Hazare trophy
World Champion Magnus Carlsen of Norway
for sponsorship reasons) also known as
defeated Poland’s Jan-Krzysztof Duda in the
the Ranji One-Day Trophy, was started in
Meltwater Champions Chess Tour (MCCT) finals
2002-03. It is named after the legendary
2022 held at the SHACK15 venue in San Francisco,
Indian cricketer Vijay Hazare.
United States of America (USA).
✓ Tamil Nadu is the most successful team
MCCT 2022 is a series of 9 online chess
having won the trophy 5 times.
tournaments that started on 19th February 2022
and ended on 20th November 2022.
✓ Indian Grandmaster Rameshbabu
Arjun Erigaisi & Vaishali Rameshbabu
Praggnanandhaa(R Praggnanandhaa) Wins Blitz Title in 2022 Tata Steel Chess
defeated compatriot Arjun Erigaisi in the India Blitz
7th & final round of the tour to finish 5th in Indian Grand Master (GM) Arjun Erigaisi won
the final standing. the 2022 Tata Steel Chess India Open
MCCT 2022 Finals standing & Prize money: Blitz defeating American GM Hikaru Nakamura at
Rank Name Earning(USD) the 2022 TATA Steel Chess India(TSCI) Rapid and
Blitz, 4th edition of the tournament, held from
1 Magnus Carlsen 50000
29th November to 4th December 2022 in Kolkata,
2 Wesley So 32500 West Bengal.
3 Liem Le 27500 ✓ Indian International Master (IM) Vaishali
Rameshbabu defeated Ukrainian GM
4 Jan-Krzysztof Duda 25000
Mariya Muzychuk to win the 2022 Tata
5 R Praggnanandhaa 22500 Steel Chess India Women’s Blitz title. She
Click here to read more. becomes the first-ever Tata Steel Chess
India 2022 Women Blitz champion.
Saurashtra beats Maharashtra to win
Vijay Hazare Trophy 2022
Saurashtra won the Vijay Hazare Trophy 2022 title
by defeating Maharashtra by 5 wickets
(Saurashtra – 249/5, Maharashtra – 248/9) in
the final held at Narendra Modi Stadium Ground ‘A’,
Motera, Ahmedabad (Gujarat). Vijay Hazare Trophy

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ISSF President’s Cup 2022: IndianPDF AFC Asian Cup 2027 during its meeting on
shooter Rudrankksh Patil clinches ISSF 17th October 2022.

President’s Cup; Anjum Moudgil wins


Odisha CM Naveen Patnaik launches
silver in women’s 50-m 3-position rifle
Trophy Tour of FIH Hockey Men’s World
event
Rudrankksh Patil (18 years old), an Indian
Cup 2023
shooter, has won the International Shooting Odisha Chief Minister (CM) Naveen
Sport Federation (ISSF) President’s Cup 2022 in Patnaik launched the Trophy tour of
Cairo, Egypt, by defeating Italy’s Danilo Sollazzo in the FIH (Fédération Internationale de
the 10-metre (m) rifle play-off by 16-8. Hockey) Hockey Men’s World Cup 2023 in
✓ Anjum Moudgil, an Indian women’s rifle ace, Bhubaneshwar, Odisha, and handed over the trophy
has won silver medal in the women’s 50-m to Dilip Tirkey, President of Hockey India.
rifle in 3 positions (3P) competition at the ✓ The FIH Odisha Hockey Men’s World Cup
renowned ISSF President’s Cup 2022, 2023 will be held at Bhubaneswar and
making her the second-best athlete in the Rourkela from 13th -29th January 2023.
sport for the year 2022.
Aditya Mittal Becomes India’s 77th
AFC Asian Cup 2027: AIFF Withdraws Chess Grandmaster
Bid, to focus on Grassroots The Mumbai (Maharashtra)-Player Aditya Mittal,
16-year-old, has become India’s 77th chess
Development
Grandmaster (GM) during an ongoing 3rd edition
The All India Football Federation (AIFF) and the
of El Llobregat Open Chess Tournament in Spain.
Asian Football Confederation (AFC) jointly
He becomes Mumbai’s 2nd and Maharashtra’s 11th
announced that the AIFF, the governing body of
GM. Pravin Thipsay (1997) was the 1st GM from
football in India, has withdrawn their bid to host
Mumbai.
the AFC Asian Cup 2027 in India.
✓ Aditya Mittal, who had secured 3 GM norms,
✓ The AFC Executive Committee had
crossed the 2,500 Elo points mark during
shortlisted the AIFF and the Saudi Arabian
the 6th round of the ongoing tournament in
Football Federation (SAFF) bids to host the
Spain.

OBITUARY

Former President of China Jiang Zemin Toyota Kirloskar Motor Vice


Passed Away Chairperson Vikram Kirloskar Passed
Jiang Zemin, former President of China who Away
presided over more than a decade of economic Vikram S Kirloskar, Vice Chairperson of Toyota
growth after the 1989 Tiananmen crackdown Kirloskar Motor passed away at the age of 64 in
against pro-democracy protester, passed away at Bengaluru, Karnataka.
the age of 96 in Shanghai, China. He was born in ✓ He is a fourth-generation member of the
1926 in Yangzhou, Jiangsu province, China. Kirloskar Group, which was founded in
✓ He served as the President of China from 1888.
1993 to 2003. ✓ He played an important role in bringing
Japan’s Toyota Motor Corp to India in the
late 1990s.

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Veteran Odia Actress Jharana DasPDF
Passes Eminent Economist & Former Union
Away Minister Y. K. Alagh Passes Away
Veteran Odia film actress Jharana Das passed away Noted economist and former Union
in Cuttack, Odisha at the age of 77. She was born in Minister Yoginder Kumar Alagh (Y. K. Alagh), an
1945 and started her acting career in the 1960s. emeritus professor at the Sardar Patel Institute of
✓ She directed a biographical documentary Economic and Social Research (SPIESR) in
film on the former chief minister of Odisha, Ahmedabad, passed away at the age of 83 in
Harekrushna Mahatab. Ahmedabad, Gujarat.
✓ In 1997, Jharana Das received the state ✓ He was born in 1939 in Chakwal, Punjab,
government’s prestigious ‘Jaydev Puraskar‘ British India (now in Pakistan).
for her lifelong contribution to the Odia ✓ He served as the Advisor, Perspective
cinema industry. Planning, Planning Commission of India
from 1974 to 1980 and also served as a
Padma Bhushan Awardee & Renowned member of the Planning Commission of
French Author India from 1987 to 1990.
Dominique Lapierre Passes Away
Renowned French author and Padma Bhushan Senior Yakshagana Artiste & Former
awardee, Dominique Lapierre, passed away at the MLA Kumble Sundar Rao Passed Away
age of 91. He was born on 30th July 1931, in Kumble Sundar Rao, Senior Yakshagana Artiste and
Chatelaillon, France. former Member of the Legislative Assembly (MLA)
✓ The Government of India honoured him from Surathkal (Karnataka) passed away in
with Padma Bhushan for Social Works in Mangaluru, Karnataka. He was a native of the
2008. Dakshina Kannada, Karnataka. He was also a well-
✓ His Books/Novels: ‘City of Joy’; ‘Is Paris known Talamaddale artiste.
Burning’ (1964); “Or I’ll Dress You in ✓ He was elected to the Karnataka Legislative
Mourning” (1968), “O Jerusalem” (1972), Assembly in 1994 from the erstwhile
“Freedom at Midnight” (1975), “The Fifth Surathkal Assembly constituency in
Horseman” (1980), and the thriller “Is New Dakshina Kannada from the Bharatiya
York Burning?” Janata Party (BJP).

BOOKS & AUTHORS


-------------------------------------

IMPORTANT DAYS

Day of Remembrance for All Victims of ✓ The Chemical Weapons


Chemical Warfare 2022 – November 30 Convention (CWC), is a multilateral treaty
Annually observed across the globe on November that bans chemical weapons and requires
30. It is an International Day recognized by the their destruction within a specified period
United Nations. of time. Click here to read more.
Purpose: to pay tribute to the the victims who lost
their lives or suffered due to chemical warfare. National Organ Donation Day 2022 –
✓ The day also reaffirms Organization for the November 27
Prohibition of Chemical Weapons Annually observed across India on November 27.
(OPCW)’s dedication to the cause and aims Purpose: to promote organ donation and to
to achieve the goals of peace, security, and recognise the contribution of organ donors.
multilateralism.

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✓ PDF
The observance of National Organ Donation World Computer Literacy Day 2022 –
Day is led by the National Organ and Tissue December 2
Transplant Organization (NOTTO), a Annually observed on December 2.
National level organization under the Purpose: to raise public knowledge of computers
Directorate General of Health Services, and encourage the development of technological
Ministry of Health and Family skills, particularly among children and women in
Welfare(MoHFW). India.
✓ World Computer Literacy Day was
International Jaguar Day 2022 – established by an Indian computer
November 29 company, the National Institute of
Annually observed across the globe on November Information Technology (NIIT), in 2001
29. to mark NIIT’s 20th anniversary.
Purpose: to raise awareness about the increasing ✓ The 1st World Computer Literacy Day was
threats faced by the Jaguars (Panthera onca) and observed on 2nd December 2001.
the vital conservation efforts being made from ✓ Pradhan Mantri Gramin Digital Saksharta
Mexico to Argentina to ensure their survival. Abhiyaan (PMGDISHA) initiative was
✓ International Jaguar Day was initiated launched by the Hon’ble Finance Minister’s
by Alan Rabinowitz, co-founder and declaration during the 2016–17 Union
former Chief Executive Officer (CEO) and Budget to provide digital literacy in rural
Chief Scientist for Panthera, the global wild areas specifically. Click here to read more.
cat conservation organization.
✓ In March 2018 at UN Headquarters, National Pollution Control Day 2022 –
representatives from 14 countries in the December 2
range gathered for the Jaguar 2030 Forum, Annually observed across India on December 2.
which resulted in the Jaguar 2030 Purpose: to honour and commemorate the people
statement. who lost their lives in the Bhopal Gas Tragedy on
the 2nd and 3rd of December 1984.
World AIDS Day 2022 – December 1 ✓ National Pollution Control Day is also
Annually observed across the globe on December known as “National Pollution Prevention
01. It is an International Day recognized by the Day”.
United Nations. ✓ 2nd December 2022 marks
Purpose: to create awareness about AIDS and to the 38th anniversary of the Bhopal Gas
unite people across the globe to show support the Tragedy.
people living with Acquired immunodeficiency ✓ India’s 1st major industrial disaster,
syndrome (AIDS) and affected by HIV (Human the Bhopal Gas Tragedy, was a gas leak
Immunodeficiency Virus). from the Union Carbide Plant in Bhopal,
✓ Theme of World AIDS Day 2022 Madhya Pradesh, on December 2nd and 3rd,
is “Equalize”. 1984.
✓ The UNAIDS released its World AIDS Day
Report 2022 – “Dangerous Inequalities”, International Day for the Abolition of
an analysis by the UN ahead of World AIDS Slavery 2022 – December 2
Day 2022 states that inequalities are Annually observed across the globe on December
obstructing the efforts to end AIDS. Click 2.
here to read more. Purpose: to raise public awareness of the need to
combat modern forms of slavery such as child
labour, human trafficking, sexual exploitation,
forced marriage, and the forced recruitment of
children for use in armed conflict.

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✓ PDF
In India, the Child Labor (Prohibition & ✓ Maratha emperor Chhatrapati Shivaji
Regulation) Amendment Act 2016 was Bhosle known as the “Father of the Indian
enacted delicately in 2016, prohibiting the Navy”, is the creator of India’s naval force.
employment of children under the age of 14 ✓ The day also commemorates the
in all employment and adding provisions for achievements of “Operation Trident”, an
the prohibition of the employment of offensive operation launched by the Indian
teenagers (14–18 Years) in the scheduled Navy during the India-Pakistan war of 1971.
hazardous occupations and processes. ✓ Operation Trident was launched on the
✓ ILO: Director-General- Gilbert Fossoun night of December 4 – 5, 1971, to attack
Houngbo; HQ- Geneva, Switzerland; the Pakistan naval headquarters of Karachi.
Establishment- 1919. Click here to read It was the first time India used an anti-ship
more. missile in an operation.
✓ The Indian Navy Week is annually observed
International Day of Persons with across India from 1st to 7th December.
Disabilities 2022- December 3 Indian Navy Week 2022 is observed from
Annually observed across the globe on December 1st to 7th December 2022. Click here to
3. It is an International Day recognized by the read more.
United Nations.
Purpose: to raise awareness about the situation of International Day of Banks 2022 –
persons with disabilities in all aspects of political, December 4
social, economic, and cultural life. Annually observed across the globe on December
✓ Theme of International Day of Persons 4. It is an International Day recognized by the
with Disabilities (IDPD) or International United Nations.
Day of Disabled Persons 2022 is Purpose: to recognise the vital role of banking
‘Transformative solutions for inclusive systems in the Member States in contributing to the
development: the role of innovation in improvement of the standard of living.
fueling an accessible and equitable ✓ 4th December 2022 marks the observance
world’. of the 3rd International Day of Banks.
✓ the Department of Empowerment of ✓ Addis Ababa Action Agenda (AAAA)
Persons with Disabilities (Divyangjan), provides a global framework for financing
Union Ministry of Social Justice & sustainable development by aligning all
Empowerment, organised a ceremony to financing flows and policies with economic,
celebrate the ‘International Day of Persons social and environmental priorities.
with Disabilities’ at Vigyan Bhawan in New ✓ According to the India Brand Equity
Delhi, Delhi. The President of India, Foundation (IBEF), India accounts for 40%
Droupadi Murmu attended as the Chief of global digital transactions, compared to
Guest. the world’s industrialised nations. Click
✓ The National Awards for Empowerment of here to read more.
Persons with Disabilities, 2021 & 2022 was
conferred on 3rd December 2022. Click World Soil Day 2022 – December 5
here to read more. Annually observed across the globe on December
05. It is an International Day recognized by the
Navy Day 2022 – December 4 United Nations.
Annually observed across India on the December Purpose: to create awareness about the
04. importance of healthy soil and to advocate the
Purpose: to recognise the role of the Indian Navy, sustainable management of soil resources.
the maritime arm of the Indian Armed Forces, in ✓ Theme of World Soil Day 2022 is “Soils:
ensuring the safety of the nation. where food begins”.

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✓ PDF
The first ever official World Soil Day ✓ Theme of International Civil Aviation Day
(WSD) was observed on 5th December 2022 is “Advancing Innovation for Global
2014. Aviation Development”.
✓ The Institute of Geology (IGI) of the ✓ The theme of International Civil Aviation
National Autonomous University Day from 2020 to 2023 will be “Advancing
of Mexico (UNAM) won the King Bhumibol Innovation for Global Aviation
Word Soil Day Award (WSDA) 2022 for Development”.
its commitment to raising awareness of the ✓ ICAO: Secretary General– Juan Carlos
importance of healthy soils, particulaly Salazar; HQ– Montreal, Canada. Click here
during WSD 2021 celebration. Click here to to read more.
read more.
Armed Forces Flag Day 2022 – December
International Volunteer Day for 7
Economic and Social Development 2022 Annually observed across India on December 7
– December 5 Purpose: to honour the martyrs, men and women
Annually observed across the globe on December in the armed forces who bravely fought on the
5. It is an International Day recognized by the borders to safeguard the country’s honour.
United Nations. ✓ Flag Day emphasises the dedication to
Purpose: to celebrate the efforts of volunteers and caring for the war-disabled soldiers, Veer
organizations by sharing their values and Naris and the families of Martyrs who died
promoting their work among communities, non- in the line of duty.
governmental organizations (NGOs), UN agencies, ✓ Armed Forces Flag Day Fund (AFFDF) was
government authorities, and the private sector. instituted in 1993 and administered by the
✓ Theme of International Volunteer Day for Kendriya Sainik Board (KSB).
Economic and Social Development 2022 is ✓ Contribution to Armed Forces Flag Day
‘Solidarity through Volunteering’. Fund is exempted from Incom Tax under
✓ The campaign of the UNV for IVD 2022 is section 80 G (5) (vi) of the Income Tax Act
‘Together, act now. Volunteer for a better 1961. Click here to read more.
tomorrow’.
✓ The 2022 State of the World’s Volunteerism Red Planet Day 2022 – November 28
Report (SWVR): “Building Equal and Annually observed across the globe on November
Inclusive Societies”, the 4th edition of the 28.
flagship publication(SWVR) of UN Purpose: to mark the launch of National
Volunteers (UNV) produced every 3 years, Aeronautics and Space Administration (NASA)’s
presents new evidence on the relationship Mariner 4 spacecrafts on Mars (the red planet) on
between volunteers and the state. Click here 28th November 1964.
to read more. ✓ This was one of the 1st spacecrafts to land
on Mars.
International Civil Aviation Day 2022 – ✓ On 14th July 1965 the spacecraft departed
December 7 from the red planet after travelling on the
Annually observed across the globe planet for nearly 8 months. The mission
on December 07. produced 22 photographs, first ever close-
Purpose: to create awareness about the up photos of the martian surface.
importance of international civil aviation in the
social and economic development of the nations.

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STATE NEWS

Meghalaya Cabinet approves Mental Disabled- Friendly ramp was


Health and Social Care Policy inaugurated in Chennai’s Marina Beach
Meghalaya Cabinet, chaired by Chief Minister India’s 1st permanent ramp for persons with
Conrad Kongkal Sangma, approved the “Meghalaya disability was inaugurated at Marina beach,
Mental Health and Social Care Policy” to address Chennai (Tamil Nadu).
the issues of mental health and social care through This facility has been developed with funding from
collaborative engagement with communities. Singara Chennai 2.0 at an estimated cost of Rs 1.14
✓ With this Meghalaya became the 3rd state crore.
in India to have a comprehensive mental ✓ The facility was established by the Greater
health policy. (Kerala and Karnataka are the Chennai Corporation (GCC).
other 2 states with such policy).
GoI Names 21 Uninhabited A&N Islands
UP CM Yogi Adityanath launches ‘One after Param Vir Chakra recipients
District One Sport’ scheme The Government of India (GoI) has named 21
Yogi Adityanath, Chief Minister(CM) of Uttar uninhabited islands in the union territory (UT) of
Pradesh(UP) launched the “One District One Sport” Andaman & Nicobar (A&N) after recipients
(ODOS) to promote indigenous sports in UP. The of Param Vir Chakra, India’s highest wartime
scheme aims to revive the indigenous sports that gallantry award with the support of Andaman
are losing their presence in the field. administration and the Ministry of Defence (MoD).
✓ The ODOS scheme is started in line with the Out of the 21 islands, 16 are located in North and
One District one product(ODOP) scheme, Middle Andaman district, while the remaining 5
which promoted local items of each of the islands are in South Andaman.
75 districts of UP. ✓ The first uninhabited island
numbered ‘INAN370’ in North and Middle
Jawahar Reddy Appointed as Chief Andaman was named after Major Somnath
Sharma and henceforth it will be known as
Secretary of AP; MP Chief Secretary Gets
‘Somnath Dweep’. He was the first recipient
Extension of 6 months of the Param Vir Chakra.
K.S. Jawahar Reddy, a 1990 batch Indian ✓ Another uninhabited island
Administrative Service (IAS) Officer took charge as numbered ‘INAN308’ has been named
the Chief Secretary to the Government of Andhra after Subedar and Honorary Captain
Pradesh (AP). He will further continue to be in Karam Singh as ‘Karam Singh Dweep’. He
post till 2024. fought in the Indo-Pakistani War of 1947.
✓ He replaces Sameer Sharma, who is retiring
from service on attaining the age of
superannuation on 30th November 2022.
Tamil Nadu Idol Wing CID awards digital
As per the order of the Union Ministry of Personnel, medals to 5 officers
Public Grievance and Pension, Madhya Pradesh Idol Wing CID of the Tamil Nadu Police has initiated
(MP) Chief Secretary Iqbal Singh Bains, who was a new drive to mint Soulbound Tokens, a non-
to retire on 30th November 2022, has been given transferable form of NFTs (non-fungible tokens), as
an extension of six-months and will continue in the “digital medals” to motivate officers in the wing.
post until 31st May 2023. ✓ Idol Wing Becomes the first police unit in
the world to mint SBTs and the Tamil Nadu
Police becomes the 2nd police force in the
world, after Dubai, to mint its own NFTs to
award them as rewards.

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Maharashtra Becomes First State PDF
to Set Hyderabad.
up Separate Divyang department Gold ATMs will be available for 24 hours.
On 3rd December 2022, on the occasion of
International Day of Disabled Persons, Maharashtra J&K’s 1st FASTag-enabled Parking
Chief Minister(CM) Eknath Shinde announced the System Launched
formation of a separate Divyang Welfare Principal Secretary Housing & Urban Development
Department for the welfare of differently-abled Department (H&UDD), Dheeraj Gupta inaugurated
people with a financial outlay of Rs 1,143 crore. Jammu and Kashmir’s (J&K) 1st FASTag-enabled
✓ Maharashtra Becomes the first State in Parking Management System at Multi-Level Car
India to launch a separate department for Parking General Bus Stand Jammu. The smart
the welfare of differently-abled people. parking was launched as part of UT of J&K’s My
Town My Pride.
Telangana Signs Pact with Coinbase to
promote Web 3.0 Community; ARBL ‘Make in Odisha Conclave 2022’ (3rd
Invests Rs 9,500 crore for Setting up edition) held at Bhubaneswar, Odisha –
Lithium-ion Battery Gigafactory November 30 to December 04, 2022
MoU b/w: Telangana Government with Coinbase The Make in Odisha Conclave 2022 (3rd
Inc., an American based trading company edition), a biennial global investors’ meet and the
Purpose: to jointly build a strong Web 3.0 flagship investor summit of the Government of
community in Telangana. Odisha, took place in Bhubaneswar, Odisha, from
✓ The Telangana Government is following the November 30 to December 4, 2022.
Triple Helix Model for innovation, through ✓ The Government of Odisha organized the
collaboration between industry, academia, Make in Odisha (MIO) Conclave 2022 in
and the government. collaboration with the Federation of Indian
MoU b/w: Amara Raja Batteries Chambers of Commerce and Industry
Limited (ARBL) with the Telangana government (FICCI).
Purpose: to set up a lithium-ion battery ✓ The ‘Industrial Policy Resolution 2022’,
gigafactory in Mahbubnagar district, Telangana which aims to make Odisha the preferred
with an investment of Rs 9,500 crore over the next location for industrial firms both
10 years. domestically and globally, was introduced
at the MIO Conclave 2022.
India’s 1st gold ATM comes up in ✓ Odisha received an overall investment
proposal worth Rs. 10.5 lakh crore during
Hyderabad
the MIO Conclave 2022, with the potential
Hyderabad (Telangana)-based Goldsikka Pvt
to employ 10,37,701 people. Click here to
Ltd has set up India’s 1st Gold Automated teller
read more.
machine (ATM) and started its operations in the
city at Raghupathi Chambers in Begumpet,

GA Questions Asked in Exams

• Affairscloud’s Self Analysis for General Awareness Section

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