Current Affairs Quiz - September, 2023

Notes:
The Indian Air Force (IAF) is collaborating with the Drone Federation of India to jointly host ‘Bharat Drone Shakti 2023.’
This event, scheduled for September 25th and 26th, will take place at the IAF’s Hindan airbase in Ghaziabad and will feature live aerial demonstrations, as per the Ministry of Defence.

Notes:
At the Global Fintech Festival in Mumbai, Unique Identity Authority of India (UIDAI) introduced its enhanced Face Authentication system, developed in-house with AI and ML capabilities, focusing on reimagining Aadhaar authentication.
UIDAI’s Volunteer Guideline 2022 encourages collaboration with industry and fintech partners to accelerate technology adoption and enhance solutions for residents.

Notes:
A new global data platform, Marine Sand Watch, developed by GRID-Geneva within the UN Environment Programme (UNEP), has unveiled that six billion tonnes of sand are being extracted annually from the world’s ocean floors, posing irreparable harm to benthic life.
The platform monitors sand, clay, silt, gravel, and rock dredging in marine environments, particularly in hotspots like the North Sea, Southeast Asia, and the East Coast of the United States.

Notes:
The Reserve Bank of India (RBI) has recently called upon fintech entities to establish Self-Regulatory Organizations (SROs).
These SROs serve as non-governmental entities responsible for creating and enforcing industry-specific codes of conduct on transparency, fair competition, and consumer protection. They would act as intermediaries between regulators and market participants.

Notes:
A new report from the United Nations has emphasized the urgency of addressing climate change, stating that the window of opportunity to limit global temperature rise to 1.5 degrees Celsius above pre-industrial levels is rapidly closing.
The report, part of the Global Stock take (GST) mandated by the Paris Agreement, highlights that while some progress has been made, countries are far from achieving the necessary targets to meet this goal.

Notes:
Knight Frank India in association with NAREDCO has released a report titled “India Real Estate: Vision 2047”. This report presents a comprehensive outlook on transformative trends in India’s real estate sector over the next 25 years.
The report states that real estate sector played a pivotal role in contributing to the revenue of Indian states and Union Territories. The sector has generated about Rs 2 lakh crore through stamp duties, registration fees, and land revenue.

Notes:
The Odisha State Transport Authority (STA) has made it mandatory for all commercial vehicles, excluding three-wheelers, to install Vehicle Location Tracking (VLT) devices with panic buttons.
This decision, aimed at enhancing passenger safety, particularly for women and children, applies to all categories of new commercial vehicles, including buses, taxis, goods vehicles, and ambulances. The deadline for new vehicles to have these devices is October 1, with installation required at the time of registration. Older vehicles have until December 31 to comply.

Notes:
A new study published in the British Medical Journal (BMJ) reveals a significant increase in global cancer cases among adults under 50, with early-onset cancer cases rising by 79.1% between 1990 and 2019.
The study attributes this trend to changes in diet, lifestyle, and environmental factors. Breast cancer saw the highest increase in new cases and deaths.

Notes:
The International Monetary Fund and Financial Stability Board has recommended cross border co-operation and information sharing for consistent regulation of crypto assets, the two said in a joint report to the Group of 20 nations.
As per the Synthesis Paper, the FSB will, by 2025-end, conduct a review of the status of the implementation of the two sets of high-level recommendations at the jurisdictional level.

Notes:
The G20 Leaders’ Summit endorsed pivotal role of tourism and culture in sustainable socio-economic development and prosperity.
The ‘G20 Leaders Declaration’ highlighted the importance of the ‘Goa Roadmap for Tourism’ as a means to achieve Sustainable Development Goals (SDGs). It focusses on key priorities such as Green Tourism, Digitalization, Skills, Tourism MSMEs, and Destination Management.