Current Affairs Quiz - August, 2023

Notes:
Union Home Minister is set to inaugurate a distinctive program called ‘Mera Gaon Meri Dharohar’ as a significant component of Azadi ka Amrit Mahotsav.
This initiative falls under the National Mission on Cultural Mapping and is spearheaded by the Ministry of Culture.  The main objective of the project is to culturally map India’s 6.5 lakh villages, spanning 29 states and 7 union territories, on a comprehensive virtual platform.

Notes:
Amid escalating tensions in the South China Sea, China views the US presence as a violation of its territorial claims and has employed the “cabbage strategy,”.
It involves the construction of artificial islands and encircling disputed areas with numerous ships to assert control gradually. The situation has led to measures, including detaining trespassers and the possibility of implementing an air identification zone over the South China Sea by various nations involved.

Notes:
The capital markets regulator – SEBI (Securities and Exchange Board of India) has released the guidelines for the Corporate Debt Market Development Fund (CDMDF).
The fund’s purpose is to serve as a backstop facility, facilitating the purchase of investment-grade corporate debt securities during times of market stress, thereby boosting confidence among participants in the corporate debt market.

Notes:
The Mukhyamantri Jan Arogya Mela is a scheme pertaining to the state of Uttar Pradesh, was started in the year 2020. It has benefited over 12 crore patients in the state.
The Union Health Ministry has planned to adopt Uttar Pradesh’s successful healthcare model, including the concept of Jan Arogya Mela, which provide medical attention to attendees and refer critical patients to specialized hospitals.

Notes:
Resource Efficiency Circular Economy Industry Coalition (RECEIC) was launched on the sidelines of the 4th G-20 Environment and Climate Sustainability Working Group (ECSWG) and Environment and Climate Ministers meeting in Chennai.
Union Environment, Forest and Climate Change Minister Bhupender Yadav said that this mission of this coalition is to promote greater company-to-company collaboration, build advanced capabilities across sectors, bring learnings from diverse and global experiences of the coalition members among others.

Notes:
The second Russia–Africa Summit was held at St. Petersburg, Russia on 27 and 28 July 2023. It was originally scheduled to be held at African Union headquarters in Addis Ababa.
At the commencement of the Summit, President Putin promised to provide free grain shipments to six African countries. Under this commitment, Burkina Faso, Zimbabwe, Mali, Somalia, the Central African Republic, and Eritrea will receive 25,000-50,000 tons of grain in the upcoming months.

Notes:
Formula One racing driver Max Verstappen secured his eighth win in a row, one short of the all-time record, at the Belgian Grand Prix.
Verstappen won the race with Red Bull’s Sergio Perez clinching second position and Ferrari’s Charles Leclerc at third place.

Notes:
The country’s per capita income is likely to grow by close to 70 per cent to USD 4,000 by fiscal 2030 from USD 2,450 in fiscal 2023.
This will help the country to become a middle-income economy with USD 6-trillion GDP. Per capita income/GDP has risen from USD 460 in fiscal 2001 to USD 1,413 in fiscal 2011 and to USD 2,150 in fiscal 2021. The biggest growth driver will be external trade, followed by household consumption.

Notes:
As part of its ‘Cleanup to Clean energy’ plan, the US government has announced that it will transform Cold War sites into largest solar power project.
Formerly employed for atomic bomb development, these sites are now positioned to significantly contribute to promoting clean energy initiatives throughout the United States.

Notes:
China has initiated a series of new projects under its Belt and Road Initiative (BRI) through Nepal, aiming to enhance collaboration with Southeast and South Asian countries, which may impact India’s strategic interests in the region.
These projects, collectively known as the ‘Silk Roadster’ platform, were launched to commemorate the 10th anniversary of the BRI.