Current Affairs Quiz – 08 July 2021

Current Affairs Quiz 08 July 2021: Based on the Current Affairs and Important News of 08 July 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 08 July 2021. 

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1. What is the name of the autobiography of the veteran actor Dilip Kumar who has passed away recently?
   A) Dilip Kumar: The Substance and the Shadow
   B) Mohammed Yusuf Khan:The Autobiography of Dilip Kumar
   C) Dilip Kumar: King Khan
   D) Yusuf Khan: Long Walk of Life
   
   View answer

   Option A
   Explanation: Legendary actor Dilip Kumar passed away on July 07, 2021, at the age of 98 years due to prolonged illness. “Dilip Kumar: The Substance and the Shadow“.
2. What is the estimated GDP growth rate of Indian economy for the fiscal 2021-22 as per Fitch Ratings latest prediction?
   A) 11 percent
   B) 12 percent
   C) 10 percent
   D) 9 percent
   
   View answer

   Option C
   Explanation:Fitch Ratings has revised its GDP growth projection for India in 2021-22 (FY22) to 10%. Earlier it has projected the same at 12.8%. 
3. MandateHQ is a payment interface to help card-issuing banks provide recurring payments facility for their customers. The payment solution has been launched which company in partnership with Mastercard?
   A) Paytm
   B) Razorpay
   C) BillDesk
   D) Instamojo
   
   View answer

   Option B
   Explanation: Razorpay has partnered with Mastercard to launch ‘MandateHQ’. It is a payment interface that will help card-issuing banks to enable  recurring payments for their customers.
4. Which among these sectors have recently been included as MSMEs sector by government for purpose of Priority Sector Lending??
   A) Retail and Wholesale trade
   B) Forestry and logging
   C) Fishing and aquaculture
   D) Bee- keeping and production of honey and beeswax
   
   View answer

   Option A
   Explanation:Ministry of Micro, Small and Medium Enterprises has decided to include Retail and Wholesale trade as MSMEs but only for the limited purpose of Priority Sector Lending.
5. Postpaid Mini is a small ticket loan providing facility launched by which platform?
   A) PhonePe
   B) Paytm
   C) Bharti Airtel
   D) MobiKwik
   
   View answer

   Option B
   Explanation: Financial services and digital payments platform, Paytm, has launched a new product called Postpaid Mini, that will enable users to get small loans ranging from Rs. 250 to Rs. 1,000. The initiative has been launched by Paytm in partnership with Aditya Birla Finance Ltd.
6. Name the mobile app launched by the government as an online learning course app for the fish farmers?
   A) Neer Setu
   B) Meen Setu
   C) Jal Setu
   D) Matsya Setu
   
   View answer

   Option D
   Explanation:The Union Minister of  Fisheries, Animal Husbandry and Dairying, Shri Giriraj Singh has launched a mobile app named ‘Matsya Setu’ on July 06, 2021 for fish farmers.
7. Which among these is the newly introduced ministry in the Union Cabinet of Government of India?
   A) Ministry of Relations
   B) Ministry of Co-operation
   C) Ministry of Services
   D) Ministry of Synergy
   
   View answer

   Option B
   Explanation:The Central Government of India has created a separate and new ministry named ‘Ministry of Co-operation’.

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