Test: January 2022 Weekly Current Affair - 1 - UPSC MCQ

A High Level Committee under the chairmanship of Home Minister Amit Shah has approved over 3,063 crore rupees of Additional Central Assistance to six states.

RBI has announced that it has extended the deadline for periodic KYC update by 3 months tillMarch 31, 2022.

Veteran New Zealand batter Ross Taylor confirmed that he will retire from international cricket after the two-Test series against Bangladesh and the ODI against Australia and the Netherlands in February and March.

Centre has released over 830 crore rupees to Odisha to expedite the implementation of Jal Jeevan Mission in the state. Jal Shakti Ministry said, Odisha has planned to become Har Ghar Jal State in 2024.

Public Provident Fund (PPF) and National Savings Certificate (NSC) will continue to carry an annual interest rate of 7.1 per cent and 6.8 per cent, respectively.
One-year term deposit scheme will continue to earn an interest rate of 5.5 per cent, while the girl child savings scheme Sukanya Samriddhi Yojana account will earn 7.6 per cent.
The interest rate on the five-year senior citizens savings scheme would be retained at 7.4 per cent. The interest on the senior citizens’ scheme is paid quarterly.
Interest rate on savings deposits will continue to be 4 per cent per annum.
Term deposits of one to five years will fetch interest rate in the range of 5.5-6.7 per cent, to be paid quarterly, while the interest rate on five-year recurring deposits will earn a higher interest of 5.8 per cent.

Vinay Kumar Tripathi has been appointed as new Chairman and Chief Executive Officer of Railway Board. Succeeds Suneet Sharma.

The oil ministry has set up the Energy Transition Advisory Committee headed by former petroleum secretary Tarun Kapoor, who demitted office in November, to draft the strategy.

SEBI has restructured its advisory committee on market data that recommends policy measures pertaining to areas like securities market data access and privacy. Rejigging its market data advisory committee, Sebi has said the panel will now be chaired by S Sahoo. The 20-member committee was earlier headed by Madhabi Puri Buch, ex-whole time member of Sebi.

Ray Illingworth, a former England cricket captain, has died. He was 89.

Sudan’s prime minister Abdalla Hamdok says he has resigned amid political deadlock following a military coup that derailed the country’s fragile transition

Government has said that the compound annual growth rate of digital transaction has gone up by fifty per cent. Electronics and Information Technology Ministry said, the number of digital transactions has increased from one thousand 85 crore rupees in 2016-17 to five thousand 554 crore in 2020-21.

Sri Lanka is facing a deepening financial and humanitarian crisis with fears it could go bankrupt in 2022 as inflation rises to record levels, food prices rocket and its coffers run dry.

It major Tech Mahindra announced that the company and its wholly-owned subsidiary viz.,Tech Mahindra (Americas) Inc. has approved the proposal to acquire 100 per cent equity shares in Allyis India Pvt Ltd and Green Investments LLC, holding company for Allyis Group, respectively.

The Centre has told Supreme Court that it has decided to retain the existing 8 lakh rupees annual income criteria for candidates of Economic Weaker Sections for NEET-PG counselling.

Hindi film producer Vijay Galani passed away in London due to organ failure.He was in his late 50s.

Ujjwala and Himachal Grihini Suvidha scheme of Centre and State government prove boon for the people of the state and making Himachal Pradesh the first state in the country to become a smoke-free state.

Senior IAS officer, G Asok Kumar posted as additional secretary, Union ministry of Jal Shakti assumed the charge as Director General of National Mission for Clean Ganga, Ministry of Jal Shakti.

Azure Power said it has commissioned a 600 MW solar power project in Bikaner. This is the largest solar power project in India, owned and operated at a single location by any developer, it claimed.

Odisha’s Ganjam has declared itself a child marriage free district, the first in the State.

The Akshaya Patra Foundation (TAPF) and the United Nations World Food Programme (WFP) in India have entered into a partnership to enhance the effectiveness of the Pradhan Mantri Poshan Shakti Nirman (formerly mid-day meal scheme).

Hughes Communications India Private Ltd and Bharti Airtel have formed a joint venture to provide satellite broadband services in India, the companies said.

Reserve Bank of India (RBI) has cancelled the authorisation certificates of Muthoot Vehicle and Asset Finance Ltd and Eko India Financial Services Private Ltd for non-compliance with regulatory requirements.

The country s exports in December 2021 surged 37 per cent on an annual basis to USD 37.29 billion, the highest-ever monthly figure, on the back of healthy performance by 1sectors like engineering, textiles and chemicals, even as the trade deficit widened to USD 21.99 billion.

Fino Payments Bank has received the Reserve Bank of India’s approval for commencing international remittance business under the Money Transfer Service Scheme (MTSS).

Education Minister Dharmendra Pradhan launched a nationwide 100-day reading campaign – Padhe Bharat. The Campaign is in alignment with the National Education Policy (NEP)-2020 which emphasizes the promotion of joyful reading culture for children by ensuring the availability of age-appropriate reading books for children in their mother tongue, regional and local languages.