Current Affairs Quiz - August, 2023

Notes:
The Sports Ministry has decided to recognise the Handball Association of India (HAI) as the official body to run the game in the country.
Recently the IOA also gave HAI recognition after it agreed to merge with the Handball Federation of India (HFI). India has been preparing for the upcoming Hangzhou Asian Games.

Notes:
The British government has opened its second ballot under the UK-India Young Professional Scheme. This is a scheme for Indians aged between 18 and 30 years with graduate-level qualifications for visas to the United Kingdom.
It offers eligible young Indians the opportunity to live, work or study in UK for up to two years. This joint scheme between UK and India was formally launched this year in February. This scheme will enable candidates to enter the UK at any time while their visa is valid and leave or return anytime during their stay.

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 LEI (Legal Entity Identifier) is a unique 20-character code that serves as a global identifier for legal entities involved in financial transactions. It aims to create a reference data system for uniquely identifying entities across jurisdictions.
The capital market regulator – Securities and Exchange Board of India (SEBI) has mandated that all non-individual Foreign Portfolio Investors (FPIs) must provide their Legal Entity Identifier (LEI) details in the common application form used for registration, KYC, and account opening.

Notes:
The Ministry of Commerce and Industry has set up a working group to decriminalise laws to further promote ease of doing business.
The group comprised representatives from industry associations, business chambers, legal professionals, and officials of seven ministries. It would also have representatives of the National Housing Bank, NABARD and CPCB.

Notes:
The AMC Repo Clearing Limited (ARCL) and Corporate Debt Market Development Fund (CDMDF) were inaugurated by Union Finance Minister Nirmala Sitharaman.
The CDMDF was announced in the 2021-22 Union Budget to enhance liquidity in the Corporate Bond market during stressed and normal times.

Notes:
The Hyderabad-based International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) and Bangladesh Agricultural Research Institute (BARI) released BARI Chinabadam-12 (ICGV 07219), an improved groundnut variety in Bangladesh.
The variety is available for cultivation for the upcoming season post rains. It has resistance to foliar fungal diseases and matures four days earlier than its counterpart.

Notes:
Pension regulator PFRDA has barred Annuity Service Providers (ASPs) from deploying any agency of intermediaries for sourcing annuities business from NPS subscribers upon their retirement or exit from the NPS.
Annuities under National Pension System (NPS) can be issued by ASPs only under direct channels, as per the official sources.

Notes:
The Indian women’s hockey team defeated the hosts Spain 3-0 and win the 100th Anniversary Spanish Hockey Federation – International Tournament.
Vandana Katariya (22nd minute), Monika (48th) and Udita (58th) were the goal scorers as India remained unbeaten in the tournament.

Notes:
Polish tennis player Iga Swiatek began her 70th straight week as the World No. 1 in the latest WTA Rankings.
Four-time Major winner Swiatek increased the gap between herself and World No. 2 Aryna Sabalenka by winning her maiden WTA 250 title in Warsaw, her home tournament.