Current Affairs Quiz - September, 2023

Notes:
The Reserve Bank of India (RBI) has announced to enhance transaction limits for small value digital payments in offline mode to ₹500 from the earlier cap of ₹200.
These can be made using any channel or instruments such as cards, wallets, mobile devices in face-to-face mode only. Although the upper limit of an offline payment transaction shall be ₹500, the total limit on a payment instrument will be ₹2,000 at any point in time.

Notes:
Thiruvonam, the most auspicious day during the Onam festival, is celebrated throughout Kerala. Onam is a harvest festival that celebrates the return of King Mahabali/Maveli to his beloved state.
The festival is celebrated for ten days and each day holds a lot of significance. Onam also marks the beginning of the Malayalam year, called Kolla Varsham.

Notes:
Goa Shipyard Ltd and Kenya Shipyard Ltd signed an MoU for capacity building and collaboration in ship design and construction.
Defence Minister Rajnath Singh and Kenyan Cabinet Secretary for Defence Aden Bare Duale held bilateral talks in New Delhi to promote military industry cooperation and deepen maritime security in the Indian Ocean Region.

Notes:
Recently, Shinon Meeras, a centre showcasing the history of Dard-Shina tribes, was opened to the public at the Gurez Valley in Kashmir.
Dard is a strong community of around 38000 people living in the valley, which speaks the rapidly fading Shina language. The first such cultural centre has been curated and developed by the Indian Army and the Lieutenant-Governor’s administration.

Notes:
The DFL (Deutsche Fußball Liga) has entered into a collaboration with the Government of the State of Maharashtra, after a MoU was signed as part of the prestigious Shree Shiv Chhatarapati Awards ceremony in Pune, India.
The MoU lays out three core elements to support the advancement of football within the state of Maharashtra: improving the technical and sporting expertise at all levels within clubs, associations, colleges and schools; strengthening football structures across the Indian subcontinent; and specifically supporting the progression of football within the Maharashtra district.

Notes:
Assam Chief Minister Himanta Biswa Sarma inaugurated the State’s longest flyover, named Nilachal Flyover after the Nilachal Hills near which it stands.
It measures a total of 2.63 kilometres and starting from Maligaon Chariali to Kamakhya Gate in Guwahati. The flyover was built at a cost of ₹420.75 crore.

Notes:
China is exploring ways to produce its own high-bandwidth memory (HBM), the next-generation of memory chips tailored for artificial intelligence (AI) processors, amid US sanctions.
China’s top dynamic random access memory (DRAM) maker, ChangXin Memory Technologies (CXMT), is the country’s best hope for HBMs.

Notes:
The Advance Pricing Agreement (APA) programme is an initiative for promoting an investor-friendly and non-adversarial tax regime in India.
The Central Board of Direct Taxes (CBDT) has recently released the fourth and fifth annual APA reports. The reports present key data and statistics pertaining to the APA programme.

Notes:
The Union government has formed a committee under former President Ram Nath Kovind to assess the viability of the “one nation, one election” concept.
The members of the panel include Union home minister Amit Shah, ex-J&K chief minister Ghulam Nabi Azad, former Finance Commission chairman N K Singh, Constitution expert Subhash C Kashyap, senior advocate Harish Salve, and ex-Chief Vigilance Commissioner Sanjay Kothari.

Notes:
India emerged champions in the Men’s Hockey5s Asia Cup, beating arch-rivals Pakistan 2-0 in a shootout after both teams were locked at 4-4 in regulation time.
With the win, India have booked their place in the FIH Men’s Hockey5s World Cup 2024.