Current Affairs Quiz - August, 2023

Notes:
The 3rd edition of the Summit on “Global Chemicals and Petrochemicals Manufacturing Hubs in India” was held recently.
Themed “Sustainability and Circularity,” the summit was organized jointly by the Federation of Indian Chambers of Commerce and Industry (FICCI) and the Ministry of Chemicals and Fertilizers.

Notes:
The Jharkhand government released draft rules for the effective implementation of The Provisions of the Panchayats (Extension to Scheduled Areas) Act, commonly known as PESA, which was enacted in 1996.
The purpose of PESA is to establish self-governance through gram sabhas for the residents living in Scheduled Areas.

Notes:
Micron reaffirmed its commitment to establish India’s first semiconductor plant in Gujarat, creating 5,000 direct jobs and addressing demand from domestic and international markets.
The project entails a total investment of USD 2.75 billion. The first Made in India’ chip should be ready by December 2024.

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 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:
NASA is using rocks from Scotland’s Isle of Rum to practice testing methods for examining Martian rocks, as they share similarities in geological, mineral, and chemical content.
The igneous rocks from the Isle of Rum exhibit comparable geological, mineral, and chemical characteristics to those discovered on Mars.

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:
Taiwanese firm Foxconn Technology Group, a key supplier to Apple Inc., signed a letter of Intent with the Tamil Nadu government to invest ₹1,600 crore to establish a manufacturing facility in Kancheepuram district.
The letter of intent was signed in the presence of Chief Minister M.K. Stalin and Foxconn Chairman Young Liu. The facility will potentially employ 6,000 people.

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:
Cristiano Ronaldo recently scored his 145th headed goal, breaking the long-standing record of late German striker Gerd Muller.
Ronaldo achieved the feat when he scored his first goal of the season for Saudi Pro League club Al Nassr with a header against Tunisian club Monastir in a 2-1 win.