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Current Affairs Quiz – 21 August 2021

Current Affairs Quiz 21 August 2021: Based on the Current Affairs and Important News of 21 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 21 August 2021. 

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  1. Neo Collections is a DIY Digital Repayment platform launched by which bank?
    A) Yes Bank
    B) HDFC Bank
    C) UCO Bank
    D) Kotak Mahindra Bank
    View answer
    Option D
    Explanation:
    Kotak Mahindra Bank has launched a platform named ‘Neo Collections’, which is a Do It Yourself Digital Repayment Platform for missed loan repayments.
  2. PM Narendra Modi recently inaugurated several projects related to Somnath Temple. In which state is the historic temple located?
    A) Gujarat
    B) Madhya Pradesh
    C)  Uttar Pradesh
    D) Maharashtra
    View answer
    Option A
    Explanation:
    Prime Minister Shri Narendra Modi inaugurated and laid the foundation stone of multiple projects in Somnath, Gujarat on August 20, 2021 via video conferencing.
  3. The World Senior Citizen Day is marked every year on which day?
    A) 20 August
    B) 21 August
    C) 22 August
    D) 23 August
    View answer
    Option B
    Explanation:
    The World Senior Citizen Day is observed globally on August 21 every year to raise awareness about issues affecting older people, such as deterioration with age and the abuse of the elderly and support, honor and show appreciation to seniors and to recognize their achievements.
  4. Name the bank in UAE with which NPCI International Payments Ltd (NIPL) has tied up to launch the UPI facility in UAE?
    A) Dubai Islamic Bank
    B) Union National Bank
    C) Mashreq Bank
    D) Emirates NBD
    View answer
    Option C
    Explanation: 
    NPCI International Payments Ltd (NIPL) has partnered with Mashreq Bank to launch the payment system facility of Unified Payments Interface (UPI), in the UAE.
  5. Amazon has appointed which Indian celebrity to lend voice for Alexa?
    A) Shatrughan Sinha
    B) Rajinikanth
    C) Shahrukh Khan
    D) Amitabh Bachchan
    View answer
    Option D
    Explanation:
    Amitabh Bachchan has become India’s First Celebrity to lend his voice for Amazon’s Alexa. His voice will be available both in English and Hindi language.
  6. The ‘Small Business Loans Initiative’ has been unveiled in India by which of these companies in collaboration with Indifi?
    A) Facebook
    B) Amazon
    C) Google
    D) Flipkart
    View answer
    Option A
    Explanation:
    Facebook India has launched “Small Business Loans Initiative” in India in partnership with online lending platform Indifi. India is the first country where Facebook is rolling out this programme.
  7. The International Day of Remembrance and Tribute to the Victims of Terrorism is celebrated on which day of the year?
    A) 20 August
    B) 21 August
    C) 19 August
    D) 18 August
    View answer
    Option B
    Explanation:
    The International Day of Remembrance and Tribute to the Victims of Terrorism is a UN recognised day observed on August 21 to pay tribute to the individuals across the globe who have been attacked, injured, traumatized or lost their lives because of terrorist attacks.
  8. Which company has emerged as the world’s most valuable company in Hurun’s 2021 Global 500 Most Valuable Companies?
    A) Amazon
    B) Facebook
    C) Apple
    D) Microsoft
    View answer
    Option C
    Explanation:
    Apple is the world’s most valuable company (USD 2,443 billion) according to the Hurun Global 500 Most Valuable Companies list 2021. 
  9. Who has been roped in as the chairman of the committee formed by government to double and quadruple the exports of handlooms in 3 years?
    A) Dinesh Bhargav
    B) Sunil Sethi
    C) Anamika Khanna
    D) Ashish Soni
    View answer
    Option B
    Explanation:
    Government of India has constituted an 8-member Committee with an aim of doubling the production and quadrupling the exports of handlooms in 3 years. Shri Sunil Sethi, Chairman of Fashion Design Council of India (FDCI) New Delhi, is the Chairman of the committee. 
  10. Reliance Industries is the top Indian company in Hurun Global 500 Most Valuable Companies list 2021, ranked at 57 spot. How many Indian companies are there in the list?
    A) 15
    B) 6
    C) 9
    D) 12
    View answer
    Option D
    Explanation:
    Reliance Industries (USD 188 billion) ranked at 57 is the top Indian company in the list. There are total 12 Indian companies in this list.
  11. Shanti Lal Jain has been appointed as the MD and CEO of which bank?
    A) Indian Bank
    B) UCO Bank
    C) ICICI Bank
    D) Canara Bank
    View answer
    Option A
    Explanation:
    Shanti Lal Jain has been appointed as the Managing Director and Chief Executive Officer of Indian Bank for a period of three years. He will replace Ms. Padmaja Chunduru as MD and CEO of Indian Bank.
  12. The Sanskrit Week is being observed from _______ in 2021 in India
    A) August 21 to August 27
    B) August 15 to August 21
    C) August 19 to August 25
    D) August 17 to August 23
    View answer
    Option C
    Explanation:
    In 2021, India is observing the Sanskrit Week from August 19 to August 25, 2021.

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