Current Affairs Quiz - August, 2023

Notes:
The Italian parliament has given its approval to a contentious bill that makes it a criminal offense for citizens to travel abroad to pursue surrogacy arrangements.
This law, which has faced significant opposition, is specifically aimed at discouraging Italians from participating in surrogacy arrangements, and it carries the possibility of substantial fines exceeding USD 1 million and potential prison sentences of up to two years for those found guilty.

Notes:
The British government has opened its second ballot under the UK-India Young Professional Scheme. This is a scheme for Indians aged between 18 and 30 years with graduate-level qualifications for visas to the United Kingdom.
It offers eligible young Indians the opportunity to live, work or study in UK for up to two years. This joint scheme between UK and India was formally launched this year in February. This scheme will enable candidates to enter the UK at any time while their visa is valid and leave or return anytime during their stay.

Notes:
Recently, International Institute for Strategic Studies (IISS), a London-based think tank, in collaboration with India’s Bharat Shakti defense platform, organized the UK-India Defence and Military Technology Cooperation workshop in London.
The workshop aimed to explore joint initiatives in defense research and industrial production, focusing on various themes such as the changing strategic context of UK-India defense relations, perspectives on India’s Atmanirbhar program, and the UK’s defense technology partnerships.

Notes:
The Jan Vishwas (Amendment of Provisions) Bill, 2023 was passed recently by the Lok Sabha. It aims to boost ease of doing business and living in India.
It aims to redefine regulations in the country by decriminalizing minor offenses under 42 Acts, thereby reducing compliance. The Union Ministry of Commerce and Industry presented the proposed legislation in Parliament in December of the previous year.

Notes:
Finance Minister Nirmala Sitharaman said the government has decided to enable listed and unlisted domestic companies to directly list their equity shares on the International Financial Services Centre (IFSC) at Ahmedabad.
The decision will facilitate access to global capital and result in a better valuation of the Indian companies. The Finance Minister also launched Corporate Debt Market Development Fund (CDMDF) and AMC Repo Clearing Ltd (ARCL).

Notes:
In Rome, Italy, archaeologists have recently discovered the remains of Nero’s Theatre which is an ancient imperial theatre mentioned in historical texts.
The theatre was previously undiscovered and not has been located beneath the garden of a forthcoming Four Seasons hotel, positioned just a short distance from the Vatican.

Notes:
As per the information given by the Health Ministry in the Lok Sabha this week, Delhi saw the highest number of deaths due to rabies in the country in 2022.
While Delhi reported 48 fatalities, West Bengal saw 38 deaths, followed by Andhra Pradesh, Karnataka, Maharashtra at 29 each.

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 Western Tragopan (Tragopan-melanocephalus) is the Himachal Pradesh’s state bird. It has been reported that the species is experiencing habitat loss in certain regions of the country.
However, due to the dedicated efforts of the state authorities, there has been a steady rise in the population of this endangered species at the State’s Sarahan pheasantry, the conservation breeding center, providing hope for its survival and future expansion.

Notes:
‘National Moth Week’ is observed across the country during July 22 to July 28. It encourages scientists and non-scientists to participate in surveys of moths.
A total of 26 species of moths were observed across the Nilgiris by students in Udhagamandalam throughout the National Moth Week. A total of 146 moths have been recorded in the Nilgiris over the years.