Current Affairs Quiz - August, 2023

Notes:
The Sports Ministry has decided to recognise the Handball Association of India (HAI) as the official body to run the game in the country.
Recently the IOA also gave HAI recognition after it agreed to merge with the Handball Federation of India (HFI). India has been preparing for the upcoming Hangzhou Asian Games.

Notes:
Under ‘Mukhyamantri Ladli Behna Yojana’, underprivileged women between 23 and 60 years were eligible for ₹1,000 every month.
However, after distributing two instalments the government decided that those completing 21 years from January this year would also be included. They should be married and fulfil the other existing eligibility criteria.

Notes:
The British government has opened its second ballot under the UK-India Young Professional Scheme. This is a scheme for Indians aged between 18 and 30 years with graduate-level qualifications for visas to the United Kingdom.
It offers eligible young Indians the opportunity to live, work or study in UK for up to two years. This joint scheme between UK and India was formally launched this year in February. This scheme will enable candidates to enter the UK at any time while their visa is valid and leave or return anytime during their stay.

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:
Delisting means removing the securities of a listed company from a stock exchange. Once delisted, the securities of that company can no longer be traded on the stock exchange.
The Securities and Exchange Board of India (SEBI) is currently reassessing the delisting regulations applied to listed companies, aiming to curb share manipulation in companies that choose to delist from the stock exchanges.

Notes:
The National Aeronautics and Space Administration (NASA) of the USA and the U.S. Military have collaborated for a project named Demonstration Rocket for Agile Cislunar Operations (DRACO). The project aims to launch a nuclear-powered satellite to Earth’s orbit in late 2025 or early 2026.
The spacecraft for the project is developed by Lockheed Martin. The project involves an in-space test of Nuclear Thermal Propulsion (NPT) technology, marking a significant technical advancement.

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:
In Rome, Italy, archaeologists have recently discovered the remains of Nero’s Theatre which is an ancient imperial theatre mentioned in historical texts.
The theatre was previously undiscovered and not has been located beneath the garden of a forthcoming Four Seasons hotel, positioned just a short distance from the Vatican.

Notes:
The Kerala state government is set to roll out a unique scheme to provide financial support to first-time overseas emigrants from Kerala.
Titled ‘Shubhayatra’, the project envisages creating a positive and productive migration ecosystem by providing a financial assistance of up to ₹2 lakh with a tax holiday for six months and interest subvention to meet the incidental expense of eligible candidates.

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.