Current Affairs Quiz - August, 2023

Notes:
Recently, Prime Minister Narendra Modi, inaugurated Rajkot International Airport and various development initiatives amounting to over Rs 860 crores in Rajkot, Gujarat.
The projects encompass Sauni Yojana Link 3 Package 8 and 9, upgrading of Dwarka Rural Water Supply and Sanitation (RWSS), preservation, renovation, and progress of Uparkot Fort Phase I & II, among others.

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:
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:
Recently, the Indian government and the Asian Development Bank (ADB) have entered into an agreement, securing a USD 200 million loan as extra funding for the existing Rajasthan Secondary Towns Development Sector Project.
The loan aims to extend water supply and sanitation systems, boost urban resilience, and preserve the heritage in chosen towns.

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:
Cristiano Ronaldo recently scored his 145th headed goal, breaking the long-standing record of late German striker Gerd Muller.
Ronaldo achieved the feat when he scored his first goal of the season for Saudi Pro League club Al Nassr with a header against Tunisian club Monastir in a 2-1 win.

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:
The Buddh International Circuit (BIC) in Greater Noida is set to host India’s inaugural MotoGP Bharat race, making it the 31st country to host a motorcycle grand prix.
Despite having previously held Formula 1 races, this will mark the first time India hosts the premier motorcycle race.