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:
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:
SpaceX is preparing to launch the world’s largest privately-owned satellite, called JUPITER-3. This impressive satellite will be sent into space aboard SpaceX’s Falcon Heavy rocket from Launch Complex 39A in Florida.
This launch will be the seventh for the robust triple-booster rocket.

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:
Taiwan staged its first-ever military drill at Taoyuan International Airport, halting commercial traffic as soldiers practised defending the facility against a simulated attack by Beijing.
The exercise is part of Taiwan’s week-long massive wargames, the annual “Han Kuang” (Han Glory) drills. This is the first such drill held at Taiwan’s biggest airport near the capital since it opened in 1979.

Notes:
Maharashtra-based Aditya Samant became India’s 83rd Grandmaster after earning his third GM norm at the Master Tournament (MTO) in the Biel International Chess Festival.
He had earned his first norm to become a grandmaster at the Abu Dhabi Masters last year in August. His second norm was achieved in December last year at the 3rd El Llobregat Open.

Notes:
The Global ESG Conclave 2.0, organised by Associated Chambers of Commerce and Industry of India was held in Dubai.
The sessions were aimed to shed light on integrating Environmental, Social, and Governance (ESG) factors into strategic business decisions and quantifying their impact on financial infrastructure and sustainability.

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 DGCA fined IndiGo Rs 30 lakhs and issued a show cause notice due to deficiencies in their documentation and procedures related to frequent tail strike incidents on their A321 aircraft.
Tail strikes occur when the tail of an aircraft hits the ground or any stationary object, with a majority happening during landings.