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:
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 Asian Development Bank (ADB) and the Government of India inked a deal for a $295 million loan for the implementation of the Enhancing Connectivity and Sustainability in Bihar Roads Project.
The loan aims to enhance approximately 265 kilometers of state highways in Bihar with climate and disaster resilient features, alongside incorporating road safety elements.

Notes:
The Jan Vishwas (Amendment of Provisions) Bill, 2023 was passed recently by the Lok Sabha. It aims to boost ease of doing business and living in India.
It aims to redefine regulations in the country by decriminalizing minor offenses under 42 Acts, thereby reducing compliance. The Union Ministry of Commerce and Industry presented the proposed legislation in Parliament in December of the previous year.

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:
Union Home Minister Amit Shah unveiled a book titled ‘Memories Never Die,’ tribute to former President Dr. APJ Abdul Kalam.
The Minister  unveiled the book during his two-day visit to the Ramanathapuram district of Tamil Nadu. The book was co-authored by Dr. APJM Nasima Maraikayar and scientist Dr. Y. S. Rajan.

Notes:
The Ministry of Electronics and IT (MeitY) added two semiconductor design startups, Aheesa Digital Innovations, and Calligo Technologies, to the SemiconIndia futureDESIGN DLI scheme.
This was announced during the 2nd edition of the SemiconIndia 2023 conference in Gandhinagar. These startups/MSMEs will receive support under the scheme.

Notes:
The Central African Republic, a land locked country in African continent, has conducted a voting in a referendum for a new constitution. This comes after the country witnessing multiple coups.
In 2020, Mr. Touadera secured a second term as President of the country until 2025. If the referendum is passed, it would allow the existing President for a third term.

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.