Current Affairs Quiz - August, 2023

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:
China successfully launched its first communications satellite, Lingxi-03, featuring an ultra-thin flexible solar wing to test technologies for a massive 13,000-satellite broadband mega constellation in low-Earth orbit.
It aims to compete with SpaceX’s Starlink. The satellite was launched atop a Long March 2D rocket from the Taiyuan Satellite Launch Centre in central China.

Notes:
Amid escalating tensions in the South China Sea, China views the US presence as a violation of its territorial claims and has employed the “cabbage strategy,”.
It involves the construction of artificial islands and encircling disputed areas with numerous ships to assert control gradually. The situation has led to measures, including detaining trespassers and the possibility of implementing an air identification zone over the South China Sea by various nations involved.

Notes:
India’s tiger population increased to 3,682 in 2022, up from 2,967 in 2018, according to an estimate released recently.
This is an upward revision from April this year, when a minimum of 3,167 animals were estimated by the Wildlife Institute of India (WII).

Notes:
The Ministry of Commerce and Industry has set up a working group to decriminalise laws to further promote ease of doing business.
The group comprised representatives from industry associations, business chambers, legal professionals, and officials of seven ministries. It would also have representatives of the National Housing Bank, NABARD and CPCB.

Notes:
Singapore has hanged a 45-year-old woman who was caught with 31 grams of heroin. This is the first time the city-state has executed a woman in nearly 20 years.
Saridewi Binte Djamani was hanged after being convicted of trafficking “not less than 30.72 grams” of the drug in 2018.

Notes:
Ireland, a rising force in international cricket, has secured its spot in the prestigious ICC Men’s T20 World Cup 2024.
Ireland remained unbeaten throughout the tournament, having registered victories against Italy, Denmark, Austria, and Jersey before their clash against Germany resulted in a washout.

Notes:
The Western Tragopan (Tragopan-melanocephalus) is the Himachal Pradesh’s state bird. It has been reported that the species is experiencing habitat loss in certain regions of the country.
However, due to the dedicated efforts of the state authorities, there has been a steady rise in the population of this endangered species at the State’s Sarahan pheasantry, the conservation breeding center, providing hope for its survival and future expansion.

Notes:
The Income-tax Department announced that there is a surge in filing of Income-tax Returns (ITRs), resulting in a new record of ITRs filed.
The total number of ITRs for AY 2023-24 filed till 31st July, 2023 are more than 6.77 crore, which is 16.1% more than the total ITRs for AY 2022-23 (5.83 crore) filed till 31st July 2022. Over 64.33 lakh ITRs were filed on a single day-on 31st July, 2023.