Current Affairs Quiz - August, 2023

Notes:
Union Home Minister is set to inaugurate a distinctive program called ‘Mera Gaon Meri Dharohar’ as a significant component of Azadi ka Amrit Mahotsav.
This initiative falls under the National Mission on Cultural Mapping and is spearheaded by the Ministry of Culture.  The main objective of the project is to culturally map India’s 6.5 lakh villages, spanning 29 states and 7 union territories, on a comprehensive virtual platform.

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:
In a historic decline, Japan’s population decreased in all 47 prefectures for the first time, while the number of foreign residents reached a record high of nearly three million people.
The population of Japanese nationals decreased by around 800,000 individuals, or 0.65%, to 122.4 million in 2022 compared to the previous year, marking the 14th consecutive year of decline.

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:
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:
China has granted Pakistan a two-year rollover on a USD 2.4-billion loan for a period of two years.
This move is expected to provide relief to Pakistan, which is facing a severe Balance of Payments crisis. Its current reserves barely cover two months’ worth of import bills.

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:
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 Central African Republic, a land locked country in African continent, has conducted a voting in a referendum for a new constitution. This comes after the country witnessing multiple coups.
In 2020, Mr. Touadera secured a second term as President of the country until 2025. If the referendum is passed, it would allow the existing President for a third term.

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.