Current Affairs Quiz - August, 2023

Notes:
The Jan Vishwas (Amendment of Provisions) Bill, 2023 was passed recently by the Lok Sabha. It aims to boost ease of doing business and living in India.
It aims to redefine regulations in the country by decriminalizing minor offenses under 42 Acts, thereby reducing compliance. The Union Ministry of Commerce and Industry presented the proposed legislation in Parliament in December of the previous year.

Notes:
Finance Minister Nirmala Sitharaman said the government has decided to enable listed and unlisted domestic companies to directly list their equity shares on the International Financial Services Centre (IFSC) at Ahmedabad.
The decision will facilitate access to global capital and result in a better valuation of the Indian companies. The Finance Minister also launched Corporate Debt Market Development Fund (CDMDF) and AMC Repo Clearing Ltd (ARCL).

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 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:
A stapled visa is an unstamped paper attached to a passport page using a pin or staples, which can be easily torn off or removed as desired.
China has adopted a policy of granting stapled visas to Indian nationals from Arunachal Pradesh, Ladakh and Jammu and Kashmir. While China considers these visas as valid documents, the Government of India has consistently rejected this stance.

Notes:
The Hyderabad-based International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) and Bangladesh Agricultural Research Institute (BARI) released BARI Chinabadam-12 (ICGV 07219), an improved groundnut variety in Bangladesh.
The variety is available for cultivation for the upcoming season post rains. It has resistance to foliar fungal diseases and matures four days earlier than its counterpart.

Notes:
Department of Agriculture and Farmer’s Welfare, Government of Meghalaya and Meghalaya Basin Management Agency (MBMA) has recently facilitated market linkages of over 1.3 tonnes of Pineapples to the Middle East.
The pineapples from Meghalaya are being sold across malls in Dubai, Kuwait and Sharjah.

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.

Notes:
According to a recent study titled ‘Global climate-change trends detected in indicators of ocean ecology,’ human-induced climate change has caused a substantial change in the color of Earth’s oceans over the last two decades.
The study revealed that over 56% of the world’s oceans, surpassing the total land area on the planet, have undergone this color shift.

Notes:
Ocean Shield-2023 exercises are live-fire naval exercises carried out in the Baltic Sea by Russia.
Drill involves over 30 military vessels and boats, 20 support vessels, 30 naval aviation and Aerospace Forces of Russia aircraft, and about 6,000 troops.