Current Affairs Quiz - August, 2023

Notes:
The Asia Pacific Telecommunity was founded on the joint initiatives of the United Nations Economic and Social Commission for Asia and the Pacific, and the International Telecommunication Union.
An important gathering of the Asia Pacific Telecommunity (APT) is set to take place in Brisbane, with the primary objective of determining the future allocation of the 6 GHz spectrum band for 5G services in India.

Notes:
Union Sports Minister Anurag Thakur confirmed that India men’s and women’s football teams will participate in the upcoming Asian Games 2023 in China.
India football teams did not get the nod to participate in the Asian Games 2018 edition. Sports Ministry of India relaxed a rule which stated that only top 8 teams in Asia will get the nod to participate.

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.

Notes:
Researchers from the Wadia Institute of Himalayan Geology have conducted a recent study, indicating the potential formation of three glacial lakes near Parkachik Glacier in Ladakh due to rapid ice melting.
The increasing glacial melt is concerning as it raises the risk of glacial lake outbursts and may also cause water scarcity, given that glaciers serve as the main water source for the region.

Notes:
Prime Minister Modi inaugurated the Akhil Bhartiya Shiksha Samagam at Bharat Mandapam in Delhi. He also released the first instalment of funds under the PM SHRI Scheme.
The two-day conference aligns with the third anniversary of the introduction of National Education Policy -NEP 2020.

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:
During the G20 EMPOWER summit in Gandhinagar, India introduced TechEquity, a digital inclusion platform aimed at reducing the gender digital gap.
It is one of the key outcomes of India’s G20 presidency and it will be free for women to use. It will have courses on digital and financial literacy, tech skill development and core skill enhancement. The platform – to be funded by India for the next three years – will be maintained by Federation of Indian Chambers of Commerce & Industry (Ficci).

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.