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Current Affairs Quiz – 18 August 2021

Current Affairs Quiz 18 August 2021: Based on the Current Affairs and Important News of 18 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 18 August 2021. 

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  1. What is the Financial Inclusion Index (FI-Index) for the period ending March 2021, introduced by the RBI?
    A) 53.9
    B) 55.5
    C) 57.1
    D) 59.4
    View answer
    Option A
    Explanation:
    The annual FI-Index for the period ending March 2021 is 53.9 while for the period ending March 2017 it is 43.4.
  2. The mobile app Photographic Record of On-site Facility (PROOF) has been launched by which state/UT?
    A) Delhi
    B) Jammu & Kashmir
    C) Rajasthan
    D) Madhya Pradesh
    View answer
    Option B
    Explanation:
    In Jammu and Kashmir, Lieutenant Governor Manoj Sinha unveiled a mobile application named PROOF, to bring more transparency and accountability in the governance system. PROOF stands for ‘Photographic Record of On-site Facility’.
  3. Name the Indian chess player who has won the 2021 Spilimbergo Open chess tournament 
    A) Nihal Sarin
    B) Anurag Mhamal
    C) Raunak Sadhwani
    D) Gukesh D
    View answer
    Option C
    Explanation:
    A 15-year-old young Indian Grandmaster Raunak Sadhwani has won the 19th Spilimbergo Open chess tournament on August 15, 2021 in Italy.
  4. Who is the author of the book ‘The Dream of Revolution: A Biography of Jayaprakash Narayan’?
    A) Ashok Chakravarti and Mukesh Chakravarti
    B) Siddhartha Mukherjee and Pallavi Mukherjee
    C) Soumitra Singh and Shivam Shankar Singh
    D) Bimal Prasad and Sujata Prasad
    View answer
    Option D
    Explanation:
    A new book titled “The Dream of Revolution: A Biography of Jayaprakash Narayan”, written by historian Bimal Prasad and author Sujata Prasad, will be released on August 23, 2021.
  5. Hakainde Hichilema has won the Presidential election of which country?
    A) Zambia
    B) Botswana
    C) Ghana
    D) Kenya
    View answer
    Option A
    Explanation:
    In Zambia, opposition leader Hakainde Hichilema, of the United Party for National Development , has won the 2021 general Presidential election of the country.
  6. The bilateral navy exercise named ‘Exercise Konkan 2021’ was held between the Indian Navy and the Navy of which country recently?
    A) USA
    B) Britain
    C) Germany
    D) Singapore
    View answer
    Option B
    Explanation:
    The Indian Naval Ship Tabar arrived at Portsmouth in England on August 12, 2021, to undertake the annual bilateral drill ‘Exercise Konkan 2021’ between the Indian Navy and Britain’s Royal Navy.
  7. Muhyiddin Yassin has recently resigned as the Prime Minister of which country?
    A) Turkey
    B) Sri Lanka
    C) Bhutan
    D) Malaysia
    View answer
    Option D
    Explanation:
    The Prime Minister of Malaysia Muhyiddin Yassin and his cabinet resigned after losing confidence vote in parliament.
  8. Maki Kaji, who has passed away recently, was the creator of which innovative 
    A) Lithium-ion battery
    B) Abacus
    C) Sudoku 
    D) Cassette-tape player
    View answer
    Option C
    Explanation:
    Maki Kaji, the creator of puzzle Sudoku passed away at the age of 69 years due to bile duct cancer.
  9. What will be the interest rate that will be applicable on the green and sustainable deposits programme launched by HDFC bank for retail clients?
    A) 6.55%
    B) 6.25%
    C) 6.35%
    D) 6.45%
    View answer
    Option A
    Explanation:
    India’s largest private sector bank, HDFC has launched a green and sustainable deposits programme for retail clients, with an aim to safeguard the environment from climate change. The funds from these fixed deposits will be used for financing of green and sustainable housing credit solutions and services. Interest Rates : 6.55 percent
  10. How many parameters are there in the Financial Inclusion Index (FI-Index) of RBI?
    A) 5
    B) 3
    C) 7
    D) 4
    View answer
    Option B
    Explanation:
    Parameters of FI-Index: The FI-Index comprises of three parameters, namely- Access (35%), Usage (45%), and Quality (20%) with each of these consisting of various dimensions, which are computed based on a number of indicators. In total there are 97 indicators.

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