Current Affairs Quiz - August, 2023

Notes:
SpaceX is preparing to launch the world’s largest privately-owned satellite, called JUPITER-3. This impressive satellite will be sent into space aboard SpaceX’s Falcon Heavy rocket from Launch Complex 39A in Florida.
This launch will be the seventh for the robust triple-booster rocket.

Notes:
Recently, INDIAai and Meta India entered into a memorandum of understanding (MoU) to create a structure for collaboration and mutual cooperation in the realm of artificial intelligence (AI) and emerging technologies.
The objective of this partnership is to make Meta’s open-source AI models accessible and usable through joint efforts.

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:
Union Sports Minister Anurag Thakur confirmed that India men’s and women’s football teams will participate in the upcoming Asian Games 2023 in China.
India football teams did not get the nod to participate in the Asian Games 2018 edition. Sports Ministry of India relaxed a rule which stated that only top 8 teams in Asia will get the nod to participate.

Notes:
The Asian Development Bank (ADB) and the Government of India inked a deal for a $295 million loan for the implementation of the Enhancing Connectivity and Sustainability in Bihar Roads Project.
The loan aims to enhance approximately 265 kilometers of state highways in Bihar with climate and disaster resilient features, alongside incorporating road safety elements.

Notes:
The capital markets regulator – SEBI (Securities and Exchange Board of India) has released the guidelines for the Corporate Debt Market Development Fund (CDMDF).
The fund’s purpose is to serve as a backstop facility, facilitating the purchase of investment-grade corporate debt securities during times of market stress, thereby boosting confidence among participants in the corporate debt market.

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 Mukhyamantri Jan Arogya Mela is a scheme pertaining to the state of Uttar Pradesh, was started in the year 2020. It has benefited over 12 crore patients in the state.
The Union Health Ministry has planned to adopt Uttar Pradesh’s successful healthcare model, including the concept of Jan Arogya Mela, which provide medical attention to attendees and refer critical patients to specialized hospitals.

Notes:
India and Papua New Guinea have signed a Memorandum of Understanding (MoU) to collaborate on the sharing of INDIA STACK.
It was signed between the Ministry of Information and Communication Technology (MICT) of the Papua New Guinea and the Ministry of Electronics and Information Technology (MeitY) of India.

Notes:
Resource Efficiency Circular Economy Industry Coalition (RECEIC) was launched on the sidelines of the 4th G-20 Environment and Climate Sustainability Working Group (ECSWG) and Environment and Climate Ministers meeting in Chennai.
Union Environment, Forest and Climate Change Minister Bhupender Yadav said that this mission of this coalition is to promote greater company-to-company collaboration, build advanced capabilities across sectors, bring learnings from diverse and global experiences of the coalition members among others.