Current Affairs Quiz - August, 2022

Notes:
NLDSL-NICDC Logistics Data Bank (LDB Project) has achieved a milestone of handling 50 million EXIM containers.
Union Commerce and Industry Minister lauded the NICDC Logistics Data Services for the achievement. NICDC stands for National Industrial Corridor Development Corporation. LDB handles 100% per cent of India’s EXIM container volume. It uses RFID technology through Internet of Things (IoT), Big Data and Cloud-based solution for real-time tracking of EXIM container movement.

Notes:
The Chabahar Port is a strategic port located in Iran is the commercial transit centre for the Central Asian region.
‘Chabahar Day’ is celebrated to mark the beginning of International North South Transport Corridor (INSTC) – an Indian vision to economise movement of cargo between India and Central Asia. On the occasion of ‘Chabahar Day’, Union Ports, Shipping & Waterways Ministry along with the Indian Ports Global Ltd. (IPGL) which was formed to participate in Chabahar development project, organized a conference in Mumbai.

Notes:
The US House of Representatives passed the Creating Helpful Incentives to Produce Semiconductors (CHIPS) and Science Bill.
It aims to provide assistance and subsidies worth USD 280 billion to the semiconductor industry, which is facing competition from China. The bill would provide USD 52 billion in subsidies and additional tax credits to companies that manufacture chips in the US.

Notes:
Indian billionaire Gautam Adani displaced Bill Gates to become the world’s fourth-richest person, as his net worth surged to USD 112.5 billion.
According to the Bloomberg Billionaires Index, he surpassed the Microsoft co-founder by USD 230 million. Adani has added USD 36 billion to his wealth this year, more than anyone else.

 

Notes:
AlphaFold is an Artificial Intelligence tool developed by Alphabet-owned AI research company DeepMind Technologies.
The tool has predicted and published the structures of over 200 million protein structures in collaboration with the European Bioinformatics Institute. This is considered as the most influential database for biological research.

Notes:
As per researchers, two invasive species, the American bullfrog and brown tree snake have collectively caused USD 16.3bn in global damage between 1986 and 2020.
In addition to ecological harm, the invasive pair have also ruined farm crops and caused costly power outages. The brown tree snake caused damages by spreading uncontrollably across several Pacific islands. These findings will help officials to invest more in pest controls and bio-security measures.

Notes:
Aurangabad has become the first in the country to release the Environmental Insights Explorer (EIE) data from Google.
Under the EIE feature, cities measure the carbon emission sources, conduct analysis and identify strategies to reduce emissions. The EIE feature in India is only available for Aurangabad, Bengaluru, Chennai and Pune and Aurangabad is the first city to make the transportation emissions data public.

Notes:
SEBI has restructured its market data advisory committee by reducing one member to 20. It recommends policy for access to securities market data.
NSE’s former MD and CEO Vikram Limaye has been replaced by newly appointed Ashishkumar Chauhan. MS Sahoo former IBBI Chairperson chairs the advisory committee.

Notes:
The astronomical observatory at the LS College, Muzaffarpur has been included in UNESCO list of Important Endangered Heritage Observatories of the World.
It was developed in 1916 after a college professor felt the need of a astronomical observatory. After functioning for several decades, it was sealed in 1995, when some astronomical equipment were found missing.

Notes:
Larsen & Toubro signed a MoU with the Gujarat state government to set up an IT and IT-enabled service (ITeS) Technology Park in Vadodara.
L&T will develop this IT Park in the next five years with an investment of Rs 7,000 crores. It will provide jobs for 2,000 engineers and other positions in a year and 10,000 direct and indirect employments in the next five years.