Current Affairs Quiz - August, 2023

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:
Micron reaffirmed its commitment to establish India’s first semiconductor plant in Gujarat, creating 5,000 direct jobs and addressing demand from domestic and international markets.
The project entails a total investment of USD 2.75 billion. The first Made in India’ chip should be ready by December 2024.

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:
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:
India’s top publishing house, Publications Division, has introduced ‘Yojana Classics’ a collection centered on diverse thematic subjects. It functions under the Ministry of Information and Broadcasting.
The series is compiled from carefully selected works published in Yojana, the renowned monthly publication by Publications Division since 1957.

Notes:
To improve the collection of sowing data, the government has initiated a pilot project called Digital Crop Survey (DCS) in 12 states starting from the Kharif season of 2023.
The DCS reference application uses technologies like GIS and GPS, and aims to ensure accurate crop area estimation and support farmers with solutions. It has been created as a publicly available open-source and interoperable tool, adhering to open standards.

Notes:
UTI (Urinary Tract Infection) is a health problem globally, including India, and is particularly common in females, especially during pregnancy.
The Point-Of-Care Testing (POCT) prototype developed at IIT Guwahati, is a photodetector that detects and quantifies a UTI-causing bacteria called ‘Klebsiella pneumoniae’ within five minutes from a patient’s urine sample.

Notes:
Italian authorities from the Carabinieri Command for the Protection of Cultural Heritage reported the discovery of an ancient cargo ship wreckage off the port in Civitavecchia, near Rome.
The ship, dating back to the 1st or 2nd century BC, contains hundreds of well-preserved Roman jars, known as amphorae, found using a remotely operated robot.

Notes:
China said that it will remove extra tariffs on Australian barley, in the latest improvement of ties between the two after years of tensions.
Beijing imposed hefty levies on key Australian exports such as barley, beef and wine in 2020, leveraging its economic muscle at the height of a bitter dispute with the then-conservative government.

Notes:
Recently, the Lok Sabha approved the Offshore Areas Minerals (Development and Regulation) Amendment Bill, 2023, which seeks to grant a fixed 50-year production lease for offshore minerals.
It seeks to create a transparent auction route for allocation of mines. It will enable the central government to frame rules for conservation and development of minerals in offshore areas.