Current Affairs Quiz - August, 2023

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 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.

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The National Health Authority has introduced the 100 Microsites Project, aiming to expedite the adoption of digital health services nationwide.
These microsites will consist of small and mid-sized health facilities that will be fully aligned with the Ayushman Bharat Digital Mission standards.

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Finland’s Food Authority reported H5N1 on two more fur farms, both housing foxes, raising the number of outbreaks to 14.
Norway reported the virus in a red fox pup while Germany reported the virus on a seal. Similar detections in seals and sea lions have occurred in multiple parts of the world.

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 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:
‘Great Barrier Reef’ is the world’s largest coral reef system, located in Australia. UNESCO, the United Nations organization responsible for deciding on the potential in danger listing of the Great Barrier Reef, chose to postpone the decision for another year rather than voting on it.
This is mainly due to the change in approach by the Australian government.

Notes:
UNESCO, the United Nations cultural agency, has suggested adding Venice to its list of world heritage in danger, urging Italian authorities to intensify efforts to safeguard the historic city and its lagoon. The recommendation highlights the concerns about potential “irreversible” harm caused by factors such as climate change and over-tourism.