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Current Affairs Quiz – 16 August 2020

Current Affairs Quiz 16 August 2020: Based on the Current Affairs and Important News of 16 August 2020 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 16 August 2020. Attempt our daily current affairs quiz on our mobile app too.

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  1. On 15 August 2020, India celebrated its ___________ Independence Day
    A) 77
    B) 72
    C) 75
    D) 74
    View answer
    Option D
    Explanation: 
    The Republic of India is celebrating its 74th Independence Day on 15 August 2020. It was on August 15, 1947 that India got freedom from the British empire, after nearly 200-year-long British rule.. 
  2. Government has constituted a search-cum-selection committee to name the new three government nominees on the all-important Monetary Policy Committee (MPC). Who is the head of this committee?
    A) Ajit Seth
    B) Ajay Kumar Bhalla
    C) Rajiv Gauba
    D) Pramod Kumar Mishra
    View answer
    Option C
    Explanation:
    Central Government has formed a search-cum-selection committee to name the new three government nominees on the all-important Monetary Policy Committee (MPC). The committee will be headed by Cabinet secretary Rajiv Gauba. Urjit Patel is also a part of this committee.
  3. The Shaurya KGC Card is an agriculture loans instrument launched by which bank for the military and paramilitary professionals?
    A) HDFC Bank
    B) ICICI Bank
    C) Yes Bank
    D) Axis Bank
    View answer
    Option A
    Explanation: 
    HDFC Bank launched “Shaurya KGC Card” that will offer agriculture loans for military and paramilitary professionals. The product will target 5 lakh military and paramilitary professionals, for catering to their family’s agricultural needs.
  4. PM Modi has announced a new initiative called National Digital Health Mission (NDHM). What is the purpose of this mission?
    A) Encouraging Coronavirus vaccine development by educational institution
    B) Provide unique health IDs to all Indian residents
    C) No premium COVID-19 health insurance plan
    D) All of the above
    View answer
    Option B
    Explanation: 
    While addressing the nation on 15 August 2020, Prime Minister Narendra Modi announced the launch of a new campaign called National Digital Health Mission, under which all Indians will be given health IDs. This Health ID will work as each Indian’s health account.
  5. Veteran Indian cricketer Mahendra Singh Dhoni has announced his retirement from international cricket. How many ODI matches have been played by the MD Dhoni during his cricket career?
    A) 395
    B) 222
    C) 421
    D) 350
    View answer
    Option D
    Explanation: Indian Cricketer Mahendra Singh Dhoni has announced retirement from all forms of international cricket. Dhoni shared this information on Instagram on August 15, 2020 as- “Thanks. Thanks for ur love and support throughout. from 1929 hrs consider me as Retired”
  6. The e-commerce platform ‘Yellow Chain’ has been launched by which state to provide an integrated platform for product and services to the people?
    A) Nagaland
    B) Assam
    C) Chhattisgarh
    D) Gujarat
    View answer
    Option A
    Explanation:
    On the occasion of Independence Day, the Chief Minister of Nagaland, Neiphiu Rio has launched “Yellow Chain”- a centralized e-commerce platform, to promote local business and entrepreneurship in the State.
  7. Since assuming the charge as the Prime Minister of India, PM Modi delivered his ___________ consecutive address to the nation on Independence Day celebrations on 15 August 2020
    A) 6th
    B) 5th
    C) 7th
    D) 8th
    View answer
    Option C
    Explanation: 
    The Prime Minister of India, Shri Narendra Modi unfurled theNational Flag at Red Fort and addressed the nation. This was his seventh consecutive Independence Day speech as the Prime Minister of India, making him the longest serving non-Congress PM to achieve this feat.
  8. Who has been appointed as the new Chief Executive Officer of GoAir?
    A) Vinay Dube
    B) Kaushik Khona
    C) Jehangir Wadia
    D) Rahul Bhatia
    View answer
    Option B
    Explanation:Kaushik Khona has been appointed as the Chief Executive Officer of GoAir. He will replace Vinay Dube.
  9.  ‘DIGITAL APNAYEN’ campaign has been launched by which bank to encourage its customers for digital banking?
    A) Union Bank of India
    B) Bank of Maharashtra
    C) Canara Bank
    D) Punjab National Bank
    View answer
    Option D
    Explanation: Punjab National Bank has launched a campaign named ‘DIGITAL APNAYEN’ to encourage customers to use digital banking channels.
  10. How many members are there in the Monetary Policy Committee (MPC)?
    A) 6
    B) 5
    C) 8
    D) 10
    View answer
    Option A
    Explanation:
    Monetary Policy Committee (MPC) has 6 members which include 3 members from the government side. These nominees from the Central government can hold office for 4 years.

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