Current Affairs Quiz - August, 2023

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:
Finance Minister Nirmala Sitharaman said the government has decided to enable listed and unlisted domestic companies to directly list their equity shares on the International Financial Services Centre (IFSC) at Ahmedabad.
The decision will facilitate access to global capital and result in a better valuation of the Indian companies. The Finance Minister also launched Corporate Debt Market Development Fund (CDMDF) and AMC Repo Clearing Ltd (ARCL).

Notes:
The single-seater motorsport championship for electric cars is called as ‘Formula E’. Jake Dennis became the first British driver to win the all-electric Formula E world championship when he finished second for Avalanche Andretti in the London E-prix.
Formula E’s first season was in 2014-15 and Dennis is the eighth driver to take the title with France’s Jean-Eric Vergne the only double champion.

Notes:
The compound mixed archery team of Aman Saini and Pragati clinched a gold medal, India’s fourth in the event, at the World University Games in Chengdu, China.
The Indian archers have also won two more medals in archery in men’s and women’s compound team events.

Notes:
The Government of Telangana is planning to launch a scheme named Labour Bima on the lines of the existing scheme Rythu Bima.
It is an insurance scheme and the insurance coverage for the beneficiaries will be raised from ₹1.5 lakh to ₹3 lakh. It is also proposed that the renewal period will be extended from five years to ten years.

Notes:
Pakistan and China ink six agreements to help undertake the second phase of the USD 60 billion China-Pakistan Economic Corridor (CPEC) projects under a new model.
Prime Minister Shehbaz Sharif and Chinese Vice Premier He Lifeng witnessed the signing ceremony to mark 10 years of the CPEC. The CPEC, which connects Gwadar Port in Pakistan’s Balochistan with China’s Xinjiang province, is opposed by India as it is being laid through Pakistan-occupied Kashmir.

Notes:
In 2018, the Indian government introduced the Fugitive Economic Offenders Act (FEOA) as a measure to take action against individuals accused of committing significant economic frauds and fleeing the country to escape prosecution.
Under this act, 10 people have been declared as fugitive economic offenders by various courts, from 19 people booked by the Enforcement Directorate. These economic offenders were involved in fraud of over Rs 40,000 crores.

Notes:
The Jalesar Dhatu Shilp (metal craft), Goa Mankurad mango, Goan Bebinca, Udaipur Koftgari metal craft, Bikaner Kashidakari craft, Jodhpur Bandhej craft and Bikaner Usta Kala craft were given the Geographical Indication (GI) tag.
Goa Mankurad variety of mango is also known as malcorada, cardozo mankurad, corado, and Goa mankur. The Portuguese named the fruit malcorada, which means ‘poor coloured’.

Notes:
India’s gross revenues from the Goods and Services Tax (GST) hit a three-month high to cross ₹1.65 lakh crore in July 2023. July’s collections were 2.2% higher than the previous month’s GST collection.
However, at 10.8%, it was the slowest uptick in collections since July 2021 compared to revenues from the same month last year.

Notes:
The G20 Environment and Climate Sustainability Ministerial Meeting concluded recently in Chennai.
The event concluded without reaching consensus on significant climate-related matters. Crucial topics like transitioning away from fossil fuels remained unresolved during the meeting.