Current Affairs Quiz: August 3, 2021

Current Affairs 3 August 2021 Quiz

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Quiz from Current Affairs 2 August 2021 of A2Z – Click Here to Read Current Affairs of August 2, 2021

  1. What is the theme of World Breastfeeding Week 2021?
    A) Breastfeeding: Foundation of Life
    B) Protect Breastfeeding: A Shared Responsibility
    C) Support breastfeeding for a healthier planet!
    D) Empower Parents, Enable Breastfeeding
    View Answer
    Option B
    Explanation:

    World Breastfeeding Week is an annual celebration held every year from August 1 to 7 in over 120 countries. This year, the theme for breastfeeding week is ‘Protect Breastfeeding: A Shared Responsibility.’
  2. Who has been awarded with the prestigious Lokmanya Tilak National Award for 2021?
    A) Dilip Shanghvi
    B) Shiv Nadar
    C) Uday Kotak
    D) Cyrus Poonawalla
    View Answer
    Option D
    Explanation:

    Businessman Cyrus Poonawalla, who is the founder-chairperson of the Pune-based Serum Institute of India (SII), has been named as a recipient of the prestigious Lokmanya Tilak National Award for 2021.
  3. Who took charge as the 25th Controller General of Accounts (CGA)?
    A) Deepak Das
    B) Rahul Verma
    C) Mukul Aghi
    D) Ankit Rana
    View Answer
    Option A
    Explanation:

    Deepak Das took charge as the new Controller General of Accounts.Mr Deepak Das is the 25th officer to hold the position of Controller General of Accounts (CGA).
  4. SN Ghormade took charge as the Vice Chief of which of the following?
    A) Central Industrial Security Force
    B) Indian Navy
    C) Indian Army
    D) Border Security Force
    View Answer
    Option D
    Explanation:

    Vice Admiral SN Ghormade, a navigation and direction specialist, assumed charge as the new Vice Chief of the Indian Navy.
  5. Who won the 2021 Hungarian Grand Prix?
    A) Fernando Alonso
    B) Pierre Gasly
    C) Esteban Ocon
    D) Lewis Hamilton
    View Answer
    Option C
    Explanation:

    Esteban Ocon, has won the Hungarian Grand Prix 2021, held at the Hungaroring in Mogyoród, Hungary. This is the maiden F1 race win for Esteban Ocon.
  6. Bowling all-rounder Isuru Udana who announced his retirement from international cricket hails from which country?
    A) Sri Lanka
    B) West Indies
    C) Pakistan
    D) Bangladesh
    View Answer
    Option A
    Explanation:

    Sri Lanka left-arm seam bowling all-rounder Isuru Udana announced his retirement from international cricket with immediate effect, drawing curtains to a career spanning over a decade.
  7. Which of the following signed an agreement with Serum Institute of India (SII) to speed up the vaccination program in partnership with industry including health care providers?
    A) NASSCOM
    B) ASSOCHAM
    C) Federation of Indian Chambers of Commerce & Industry
    D) Confederation of Indian Industry
    View Answer
    Option D
    Explanation:

    Confederation of Indian Industry, CII, has entered into an agreement with Serum Institute of India (SII) to speed up the vaccination program in partnership with industry including health care providers.
  8. According to the data by RBI, the country’s foreign exchange reserves declined by USD 1.581 billion to stand at what amount for the week ended July 23?
    A) USD 509.149 billion
    B) USD 611.149 billion
    C) USD 365.149 billion
    D) USD 798.149 billion
    View Answer
    Option B
    Explanation:

    The country’s foreign exchange reserves declined by USD 1.581 billion to stand at USD 611.149 billion for the week ended July 23, RBI data showed.
  9. According to the data released by the finance ministry, what was the Goods and Services Tax (GST) collection for the month of July 2021?
    A) Rs 1,16,393 crore
    B) Rs 1,16,476 crore
    C) Rs 1,16,287 crore
    D) Rs 1,16,761 crore
    View Answer
    Option A
    Explanation:

    The Goods and Services Tax collection for the month of July rose to Rs 1,16,393 crore, after slipping below the Rs 1 lakh crore mark for the first time in eight months in June, data released by the finance ministry showed.
  10. GyanDhan, India’s first education financing platform has received which licence from the Reserve Bank of India?
    A) Payment gateway licence
    B) Small finance bank licence
    C) NBFC Licence
    D) Payments bank Licence
    View Answer
    Option C
    Explanation:

    GyanDhan, India’s first education financing platform said it has received an NBFC license from the Reserve Bank of India and it aims to disburse Rs 650 crore worth of education loans in FY22.
  11. International Finance Corporation (IFC) signed up with which bank to work for the green housing in India?
    A) Citibank
    B) Bank of Baroda
    C) Yes Bank
    D) HDFC Bank
    View Answer
    Option D
    Explanation:

    HDFC Ltd has got a loan of $250 million from International Finance Corporation (IFC), the investment arm of the World Bank Group, to be used by India’s largest housing finance company for green housing.
  12. As per the latest RBI directions, raising interchange fee and providing facility of bulk clearing 24/7 is available from which date?
    A) September 1
    B) August 1
    C) August 15
    D) July 20
    View Answer
    Option B
    Explanation:

    The Reserve Bank of India’s new directions on raising interchange fee and making available the facility of bulk clearing round the clock have become effective from August 1 onwards. The RBI in June raised the interchange fee for financial transactions from Rs 15 to Rs 17, while for non-financial transactions the increase was done from Rs 5 to Rs 6.
  13. In the event of a bank coming under the moratorium imposed by the RBI, up to how much amount will be provided to account holders within 90 days by the Deposit Insurance & Credit Guarantee Corporation (DICGC) as per directed by the union government?
    A) Rs 5 lakh
    B) Rs 10 lakh
    C) Rs 4 lakh
    D) Rs 7 lakh
    View Answer
    Option A
    Explanation:

    The Union Cabinet cleared changes to the deposit insurance laws to provide funds up to Rs 5 lakh to an account holder within 90 days in the event of a bank coming under the moratorium imposed by the RBI.
    The government has also permitted raising the deposit insurance premium by 20 per cent immediately, and maximum by 50 per cent. The premium is paid by banks to the DICGC.
  14. The government launched a new tool SLDE along with a Calculator for Green House Gas Emission to improve ease of doing business, logistics efficiency, reduce logistics cost, and promote multi-modality and sustainability. What does S stand for in SLDE?
    A) Suited
    B) Share
    C) Sustainable
    D) Secured
    View Answer
    Option D
    Explanation:

    The government has launched the Secured Logistics Document Exchange (SLDE) along with a Calculator for Green House Gas Emission to improve ease of doing business, logistics efficiency, reduce logistics cost, and promote multi-modality and sustainability.
  15. e-RUPI, a cashless and contactless instrument for digital payment, launched by PM Modi is developed by which of the following?
    A) Reserve Bank of India
    B) Securities and Exchange Board of India
    C) National Payments Corporation of India
    D) State Bank of India
    View Answer
    Option C
    Explanation:

    Prime Minister Narendra Modi launched e-RUPI, an electronic voucher-based digital payment system.
    e-RUPI is a cashless and contactless instrument for digital payment. It gets delivered to the mobile phones of beneficiaries through a QR code or SMS string. It is developed by National Payments Corporation of India.

STATIC GK BASED ON CURRENT AFFAIRS

  1. Where is the HQ of Deposit Insurance and Credit Guarantee Corporation situated?
    A) Kolkata
    B) Bengaluru
    C) Chennai
    D) Mumbai
    View Answer
    Option D
  2. Where is the HQ of International Finance Corporation (IFC) situated?
    A) Bern, Switzerland
    B) Rome, Italy
    C) Washington D.C., U.S.
    D) Vienna, Austria
    View Answer
    Option C
  3. Where is the HQ of Confederation of Indian Industry situated?
    A) New Delhi
    B) Pune
    C) Chennai
    D) Mumbai
    View Answer
    Option A

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