Current Affairs Quiz - August, 2023

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:
OpenAI, Microsoft, Google, and Anthropic have teamed up to create the Frontier Model Forum, aiming to regulate the development of large machine learning models, particularly “frontier AI models” that surpass current advanced capabilities.
These foundation models pose potential risks to public safety, and the forum will focus on ensuring their safe and responsible development, collaborating with policymakers, academics, and companies to advance AI safety research and establish best practices for deploying such models.

Notes:
Digital payments across the country registered a growth of 13.24 per cent in a year through March 2023, as per RBI’s index that measures the adoption of online transactions.
RBI’s Digital Payments Index (RBI-DPI) stood at 395.57 at end-March 2023 compared to 377.46 in September 2022 and 349.30 in March 2022. The index is a base to capture the extent of digitisation of payments across the country.

Notes:
The United States has announced USD 345 million in military aid for Taiwan. This is Biden administration’s first major package drawing on America’s own stockpiles to help Taiwan counter China.
The package would include defense, education and training for the Taiwanese. Washington will send man-portable air defense systems, or MANPADS, intelligence and surveillance capabilities, firearms and missiles, according to two U.S. officials who spoke on the condition of anonymity to discuss sensitive matters.

Notes:
The 2023 World Police and Fire Games is a community-wide sports event that is held from July 28 – August 6, 2023 at Winnipeg, Canada.
India is represented by the Central Reserve Police Force (CRPF), and the athletes of CRPF bagged five gold and one silver medal for India on the first day of the event.

Notes:
The Company Law Committee (CLC) has been established in 2019 by the Union Ministry of Corporate Affairs.
It is expected to explore the implementation of regulatory measures specific to startups. This initiative comes in response to growing concerns about corporate governance matters within startup entities.

Notes:
‘National Moth Week’ is observed across the country during July 22 to July 28. It encourages scientists and non-scientists to participate in surveys of moths.
A total of 26 species of moths were observed across the Nilgiris by students in Udhagamandalam throughout the National Moth Week. A total of 146 moths have been recorded in the Nilgiris over the years.

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 Swiss settlement of Mörigen, which flourished during the Bronze Age approximately between 800 to 900 BCE, provided a favorable site for such findings.
It is situated near the Twannberg field, renowned for containing meteoritic iron fragments from a prehistoric impact predating the last ice age. Here, an ancient Bronze Age arrowhead was found in the 19th century made from a meteorite.

Notes:
A massive iceberg was observed drifting towards Newfoundland, a Canadian island, recently.
The location, known as ‘Iceberg Alley’, frequently witnesses such colossal ice formations and was where the Titanic struck an iceberg and sank in 1912.