Daily Current Affairs Quiz : May 7-8, 2023

Notes:
The World Bank recently announced the Business Ready(B-READY) project as a replacement for the Doing Business rankings, which was cancelled two years ago.
The pilot edition of the series will be published in the spring of 2024, covering 54 economies. Business Ready focuses on 10 topics covering the lifecycle of a firm.

Notes:
NITI Aayog, in collaboration with the UNDP, recently released the “Best Practices in Social Sector: A Compendium, 2023”.
In commemoration of the 75th anniversary of Indian independence, 75 case studies across 14 key social sectors are provided by this compendium.

Notes:
The Harbour Phase of the Inaugural ASEAN India Maritime Exercise (AIME-2023) is scheduled to be held at Changi Naval Base of Singapore Navy.
Indian Naval Ships Satpura and Delhi arrived at Singapore to participate in the exercise. The Sea Phase will be conducted in the South China Sea. AIME 2023 will provide an opportunity for Indian Navy and ASEAN navies to work together closely.

Notes:
Recently, a five-judge bench of the Supreme Court ruled that it can use its powers under Article 142 of the Constitution to grant a divorce decree directly to consenting parties in cases where there is an irretrievable breakdown of marriage.
This would eliminate the need for the parties to be referred to a family court, where they would have to wait for 6 to 18 months for a decree of divorce by mutual consent.

Notes:
The narrow-band signals known as geomagnetic Pc1 pearl oscillations are structured and have their amplitudes modulated. These signals are indications of low-frequency EMIC waves that result from wave-particle interactions in the Earth’s magnetosphere.
Researchers have observed significant increase in geomagnetic Pc1 pearl oscillations on the Earth’s surface in the recovery phase of the geomagnetic storms.