Current Affairs Quiz - August, 2023

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:
A Coup by group of soldiers is currently underway in Niger. Soldiers appeared on state TV to announce they had removed the President from power, seized control of the government and suspended the constitution.
Recently, the commander of the guard, Gen Abdourahmane Tchiani has declared himself the leader of Niger in a televised address.

Notes:
The Kerala state government is set to roll out a unique scheme to provide financial support to first-time overseas emigrants from Kerala.
Titled ‘Shubhayatra’, the project envisages creating a positive and productive migration ecosystem by providing a financial assistance of up to ₹2 lakh with a tax holiday for six months and interest subvention to meet the incidental expense of eligible candidates.

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:
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 Central African Republic, a land locked country in African continent, has conducted a voting in a referendum for a new constitution. This comes after the country witnessing multiple coups.
In 2020, Mr. Touadera secured a second term as President of the country until 2025. If the referendum is passed, it would allow the existing President for a third term.

Notes:
Pension regulator PFRDA has barred Annuity Service Providers (ASPs) from deploying any agency of intermediaries for sourcing annuities business from NPS subscribers upon their retirement or exit from the NPS.
Annuities under National Pension System (NPS) can be issued by ASPs only under direct channels, as per the official sources.

Notes:
To counter AePS fraud involving spoofed fingerprints in Aadhaar authentication, the UIDAI has introduced an in-house AI/ML-based Finger Minutiae Record – Finger Image Record (FMR-FIR) system.
This technology verifies the authenticity of a fingerprint by detecting cloned fingerprints during the authentication process.

Notes:
The Uttar Pradesh Cabinet has approved the Uttar Pradesh Water Tourism and Adventure Sports Policy, 2023.
The policy aims to transform the state into a water tourism and adventure sports hub, valid for 10 years from the date notified by the state government.

Notes:
In the city of Beijing, the amount of rain over the past week has broken a 140-year-old record after being hit by Typhoon Doksuri.
Typhoon Doksuri’s aftermath is causing widespread devastation, leading to thousands of evacuations. At least 10 people have died and 18 are missing, and officials have evacuated millions of people.