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Current Affairs Quiz – 24 August 2021

Current Affairs Quiz 24 August 2021: Based on the Current Affairs and Important News of 24 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 24 August 2021. 

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  1. Yuktdhara is a portal to plan for new MGNREGA assets using Remote Sensing and GIS based information. The portal has been launched by which organisation?
    A) Google India
    B) NPCI
    C) ISRO
    D) BSNL
    View answer
    Option C
    Explanation:
    The Union Minister of State (Independent Charge) for the Ministry of Science and Technology, Shri Jitendra Singh launched a new Geospatial Planning Portal under Bhuvan named “Yuktdhara” on August 23, 2021, to enable planning of new MGNREGA assets using Remote Sensing and GIS based information. The portal has been jointly developed by ISRO and Ministry of Rural Development.
  2. The ‘National Monetisation Pipeline’ was recently launched by FM Nirmala Sitharaman. The pipeline has been developed by which organisation?
    A) IIT Kanpur
    B) DRDO
    C) ONGC
    D) NITI Aayog
    View answer
    Option D
    Explanation:
    Union Minister for Finance and Corporate Affairs, Smt Nirmala Sitharaman, launched the asset monetisation pipeline of Central ministries and public sector entities: ‘National Monetisation Pipeline’. The pipeline has been developed by NITI Aayog, in consultation with infrastructure line ministries, based on the mandate for ‘Asset Monetisation’ under Union Budget 2021-22.
  3. What is the total corpus of the Ubharte Sitaare Fund (USF), launched recently by Finance Minister Nirmala Sitharaman?
    A) Rs 150 crore
    B) Rs 300 crore
    C) Rs 250 crore
    D) Rs 100 crore
    View answer
    Option C
    Explanation:
    Finance Minister of India, Smt. Nirmala Sitharaman, launched the ‘Ubharte Sitaare Fund (USF)’ of corpus Rs 250 crore for export-oriented small and mid-sized companies. The launch was done in Lucknow, Uttar Pradesh on August 21, 2021.
  4. The Amrit Mahotsav Shri Shakti Innovation Challenge 2021 has been launched by which organisation in partnership with UN Women in India?
    A) MyGov
    B) NITI Aayog
    C) Central Vigilance Commission
    D) Competition Commission of India
    View answer
    Option A
    Explanation:
    MyGov under the Ministry of Electronics and Information Technology and UN Women have joined hands to launch the Amrit Mahotsav Shri Shakti Innovation Challenge 2021. The aim of this challenge is encourage technology solutions developed by Women Entrepreneurs related to Women’s Safety and Empowerment.
  5. Who has been appointed as the new Governor of Manipur?
    A) TK Rangarajan
    B) La. Ganesan
    C) R. Vaithilingam
    D) P. Wilson
    View answer
    Option B
    Explanation:
    Senior BJP leader from Tamil Nadu, La. Ganesan, has been appointed as the new Governor of Manipur with effect from August 23, 2021.
  6. HDFC bank has recently tied with which company to build comprehensive solutions across payment gateway, point of sale machines and credit products?
    A) Facebook
    B) Amazon
    C) Paytm
    D) Google
    View answer
    Option C
    Explanation:
    HDFC Bank and Paytm have partnered to build comprehensive solutions across payment gateway, point of sale machines and credit products. This includes Paytm Postpaid which is a Buy Now Pay Later (BNPL) solution, Eazy EMI and Flexi Pay.
  7. The World Water Week is being observed globally in 2021 from August 23 to 27. The annual celebration is organised by international organisation SIWI. Its headquarter is located at__________
    A) Paris, France
    B) London, United Kingdom
    C) Rome, Italy
    D) Stockholm, Sweden
    View answer
    Option D
    Explanation:
    The World Water Week is an annual event organized by Stockholm International Water Institute (SIWI) since 1991 to address the global water issues and related concerns of international development. The World Water Week 2021 has been organised from 23-27 August, in entirely digital format.
  8. India’s first smog tower has been set up in which city?
    A) Ahmedabad
    B) New Delhi
    C) Indore
    D) Kanpur
    View answer
    Option B
    Explanation:
    India’s first smog tower has been set up in Connaught Place, Delhi. It will purify 1,000 cubic metres of air per second within a radius of around 1 km. Smog towers are large towers built with the aim of purifying the air.
  9. Which financial body has signed $500 million loan with Indian government to expand the metro rail network in Bengaluru?
    A) ADB
    B) World Bank
    C) IMF
    D) AIIB
    View answer
    Option A
    Explanation:
    Asian Development Bank (ADB) and the Government of India and have signed a $500 million loan to expand the metro rail network in Bengaluru with the construction of two new metro lines totaling 56 km in length.
  10. Name the Indian UT which has recently launched first of its kind online grievance redressal portal to address the grievances of the migrants in the UT?
    A) Ladakh
    B) Jammu & Kashmir
    C) Chandigarh
    D) Lakshadweep
    View answer
    Option B
    Explanation:
    The government of Jammu and Kashmir, has launched an online grievance redressal portal to address the grievances of the Kashmiri migrants, becoming the first UT to put in place such portal for migrants. The portal can be accessed at JK government’s official website: ‘Relief & Rehabilitation (M)’ (www.jkmigrantrelief.nic.in).
  11. NeoBolt is India’s first indigenous motorized wheelchair vehicle. The vehicle has been developed by which institution?
    A) IIT Hyderabad
    B) IIT Delhi
    C) IIT Kanpur
    D) IIT Madras
    View answer
    Option D
    Explanation:
    IIT Madras has developed India’s first indigenous motorized wheelchair vehicle named ‘NeoBolt’, which can be used not only on roads but even on uneven terrains.
  12. Name the newly appointed CEO of BARC India
    A) Sandeep Bansal
    B) Shashi S. Vempati
    C) Nakul Chopra
    D) Puneet Goenka
    View answer
    Option C
    Explanation:
    Nakul Chopra has been appointed as the new chief executive officer (CEO) of television monitoring agency Broadcast Audience Research Council (Barc), India.
  13. What is the estimated monetisation potential of National Monetisation Pipeline (NMP)?
    A) Rs 6.0 lakh crores
    B) Rs 3.0 lakh crores
    C) Rs 4.0 lakh crores
    D) Rs 5.0 lakh crores
    View answer
    Option A
    Explanation:
    NMP estimates aggregate monetisation potential of Rs 6.0 lakh crores through core assets of the Central Government, over a four-year period, from FY 2022 to FY 2025.
  14. Which organisation will be responsible to manage the Ubharte Sitaare Fund (USF)?
    A) EXIM and SBI
    B) SIDBI and NABARD
    C) SEBI and SBI
    D) SIDBI and EXIM
    View answer
    Option D
    Explanation:
    The fund will be managed by India Exim Bank and SIDBI. The fund has been launched under the Ubharte Sitaare Programme (USP) announced in the Budget speech of 2021-22.
  15. What is the theme of the World Water Week 2021?
    A) Water, Ecosystems and Human Development
    B) Building Resilience Faster
    C) Water and Climate Change: Accelerating Action
    D) Water for society – Including all
    View answer
    Option B
    Explanation:
    The theme for World Water Week 2021 is ‘Building Resilience Faster’.

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