Current Affairs Quiz - August, 2023

Notes:
The inaugural ceremony of the first Permanent Aadhaar Enrolment Centre (PAEC) for the Army took place at 1 Central Base Post Office (CBPO) in New Delhi.
The PAEC is set up to provide convenient Aadhaar services, including enrolment and updates, for both Defence and civilian personnel of the tri-services, as well as their dependents. These services will be accessible through their Field Post Offices (FPO) at 48 designated locations across the country. The establishment of PAEC services is planned at all Command HQs, Corps HQs, and selected FPOs.

Notes:
The government has said that integration of child helpline with Emergency Response Support System, ERSS -112 has been completed in nine States in the first phase.
These States are Andhra Pradesh, Arunachal Pradesh, Bihar, Dadra, and Nagar Haveli and Daman and Diu, Goa, Gujarat, Ladakh, Puducherry, and Mizoram. A 24×7 dedicated WCD Control Room is set up for Child Helpline in each State and Union Territory and integrated with ERSS-112.

Notes:
Taiwan staged its first-ever military drill at Taoyuan International Airport, halting commercial traffic as soldiers practised defending the facility against a simulated attack by Beijing.
The exercise is part of Taiwan’s week-long massive wargames, the annual “Han Kuang” (Han Glory) drills. This is the first such drill held at Taiwan’s biggest airport near the capital since it opened in 1979.

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 Ministry of Commerce and Industry has set up a working group to decriminalise laws to further promote ease of doing business.
The group comprised representatives from industry associations, business chambers, legal professionals, and officials of seven ministries. It would also have representatives of the National Housing Bank, NABARD and CPCB.

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:
Shia Muslims around the world take out Ashura processions to commemorate the martyrdom of Imam Hussain, a grandson of the Prophet, who was killed in the Battle of Karbala in present day Iraq
Thousands of Shia Muslims in Srinagar held a Muharram procession for the first time in over three decades, following the government’s permission.

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.

Notes:
Taiwanese firm Foxconn Technology Group, a key supplier to Apple Inc., signed a letter of Intent with the Tamil Nadu government to invest ₹1,600 crore to establish a manufacturing facility in Kancheepuram district.
The letter of intent was signed in the presence of Chief Minister M.K. Stalin and Foxconn Chairman Young Liu. The facility will potentially employ 6,000 people.

Notes:
Formula One racing driver Max Verstappen secured his eighth win in a row, one short of the all-time record, at the Belgian Grand Prix.
Verstappen won the race with Red Bull’s Sergio Perez clinching second position and Ferrari’s Charles Leclerc at third place.