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Current Affairs Quiz – 04 August 2021

Current Affairs Quiz 04 August 2021: Based on the Current Affairs and Important News of 04 August 2021 we have framed important current affairs questions for banking and competitive exams. These current affairs quiz questions will be helpful for upcoming competitive exams. Give our online current affairs test every day to be prepared for all Current Affairs Quiz 04 August 2021. 

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  1. RBI has recently empanelled IndusInd Bank as which category, to enable the bank carry out transactions related to all government led businesses?
    A) Industrial Bank
    B) Agency Bank
    C) Associate Bank
    D) Neo Bank
    View answer
    Option B
    Explanation:The IndusInd Bank has been empanelled by the Reserve Bank of India (RBI) to act as an ‘Agency Bank’. As an Agency Bank, IndusInd becomes eligible to carry out transactions related to all kinds of government led businesses. This decision is based on RBI guideline that authorises scheduled private sector banks as agency banks of the regulator for the conduct of government business. 
  2. Name the player who has claimed the men’s single tennis gold title at Tokyo Olympics
    A) Daniil Medvedev
    B) Karen Khachanov 
    C) Diego Schwartzman
    D) Alexander Zverev
    View answer
    Option D
    Explanation:World No. 5 Alexander Zverev of Germany beat Russian Karen Khachanov 6-3 6-1, to win gold in men’s single tennis at Tokyo Olympics, on August 01, 2021.
  3. How many Indian companies features in the 2021 Fortune’s Global 500 list?
    A) 11
    B) 5
    C) 7
    D) 9
    View answer
    Option C
    Explanation:Seven Indian companies have found place in 2021 Fortune’s Global 500 list, which was released on August 02, 2021. Mukesh Ambani-led Reliance Industries Ltd is the highest-ranked Indian company in the list in terms of revenue, with revenues of nearly $63 billion. It is placed at 155th spot globally.
  4. Which player has won the men’s 100 metres gold title at the Tokyo Olympic?
    A) Marcell Jacobs
    B) Fred Kerley
    C) Andre de Grasse 
    D) Rasheed Dwyer
    View answer
    Option A
    Explanation:Marcell Jacobs of Italy has claimed the men’s 100 metres gold title at the Tokyo Olympics on August 01, 2021, becoming the first Italian to take the most coveted title in athletics.
  5. How much amount of record general allocation fund has been sanctioned by the IMF in SDR form to help its member countries deal with pandemic crises?
    A) USD 500 billion
    B) USD 650 billion
    C) USD 550 billion
    D) USD 600 billion
    View answer
    Option B
    Explanation: The Board of Governors of the International Monetary Fund (IMF) have approved a record general allocation of $650 billion in IMF Special Drawing Rights (SDR), to help boost global liquidity.
     
  6. Who is the composer and singer of the theme song for the Indian Paralympic contingent ‘Kar De Kamaal Tu’?
    A) Vikrant Keni
    B) Gurudas Raut
    C) Ravi Chauhan
    D) Sanjeev Singh
    View answer
    Option D
    Explanation:Union Minister for Youth Affairs and Sports, Shri Anurag Singh Thakur launched the theme song for the Indian Paralympic contingent in New Delhi on August 03, 2021. The song is titled “Kar De Kamaal Tu”. The composer and singer of the song is Sanjeev Singh, a Divyang cricket player from Lucknow.
  7. Which bank has launched ‘Dukandar Overdraft Scheme’, for small retailers to ease their cash crunch?
    A) HDFC Bank
    B) ICICI Bank
    C) Axis Bank
    D) Yes Bank
    View answer
    Option A
    Explanation:India’s largest private lender, HDFC Bank, has launched an overdraft facility for small retailers called ‘Dukandar Overdraft Scheme’, to help shopkeepers and merchants in easing their cash crunch.
  8. Elaine Thompson-Herah has won the 100m gold title in women athletics at Tokyo Olympics. She is from which country?
    A) New Zealand
    B) Jamaica
    C) Canada
    D) Britain
    View answer
    Option B
    Explanation:In Women’s category, Elaine Thompson-Herah of Jamaica won the women’s 100 metres title in 10.61 seconds. Shelly-Ann Fraser-Pryce (10.74) of Jamaica took the silver and Shericka Jackson (10.76) of Jamaica won the bronze medal
    .
  9. What is the loans disbursement target set by Government under the PM Mudra Yojana (PMMY) for 2021-22?
    A) Rs 3.21 trillion
    B) Rs 4 trillion
    C) Rs 3 trillion
    D) Rs 4.50 trillion
    View answer
    Option C
    Explanation:The government has set the loans disbursement target under the PM Mudra Yojana (PMMY) at Rs 3 trillion for 2021-22 (FY22).
  10. Which team has won the 2021 Concacaf Football Gold Cup?
    A) Italy
    B) Jamaica
    C) Mexico
    D) United States
    View answer
    Option D
    Explanation:In football, the U.S. Men’s National Team defeated Mexico 1-0 in extra time, to be crowned champion of the 2021 Concacaf Gold Cup on August 01, 2021.
  11. Which company has topped the 2021 Fortune’s Global 500 list?
    A) Walmart
    B) Apple
    C) Amazon
    D) Toyota Motor
    View answer
    Option A
    Explanation: Globally, Walmart has topped the list in terms of revenue for the eighth consecutive year and the 16th time since 1995.
  12. Which is the first Indian city to become 100 percent COVID-19 vaccinated?
    A) Hyderabad
    B) Bhubaneswar
    C) Pune
    D) Indore
    View answer
    Option B
    Explanation:In a new milestone achievement, Odisha’s Bhubaneswar has become the first city in India to achieve 100 percent COVID-19 vaccination.

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