Current Affairs Quiz 26 August 2020: Based on the Current Affairs and Important News of 26 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 26 August 2020. Attempt our daily current affairs quiz on our mobile app too.
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- The government has announced that all businesses with turnover of up to Rs ______ will be tax exempt
A) Rs 50 lakh
B) Rs 20 lakh
C) Rs 40 lakh
D) Rs 30 lakh
View answer
Option C
Explanation: The Ministry of Finance has announced that the businesses with an annual turnover of up to Rs 40 lakh are now GST exempt. Earlier, this limit was Rs 20 lakh.
- Name the first multi-wavelength satellite of India which has recently detected an extreme ultraviolet (UV) light from a galaxy 9.3 billion light-years away from Earth?
A) CartoSat
B) AstroSat
C) GSAT
D) RISAT
View answer
Option B
Explanation: India’s first multi-wavelength satellite, AstroSat, has detected an extreme ultraviolet (UV) light from a galaxy, called AUDFs01. This galaxy is 9.3 billion light-years away from Earth, in the Hubble Extreme Deep field..
- Which is the first bank in India to introduce the use of satellite data to assess credit worthiness of farmers
A) ICICI Bank
B) HDFC Bank
C) Punjab National Bank
D) Yes Bank
View answer
Option A
Explanation: Private lender ICICI Bank has become the first ever bank in India to make use of satellite data, imagery from Earth observation satellites, to assess credit worthiness of farmers.
- The ARMY 2020 International Military and Technical Forum has been organised in which country?
A) United States
B) Russia
C) Germany
D) France
View answer
Option B
Explanation: The ARMY 2020 International Military and Technical Forum has been organised in Moscow, Russia from August 23 to 29, 2020. The forum is being organised by the Russian Defence Ministry since 2015, at the Patriot Park near Moscow. The India Pavilion at the 6th edition of the International Military-Technical Forum was inaugurated by Secretary (Defence Production) Raj Kumar and Indian Ambassador DB Venkatesh Verma.
- How many highway projects were inaugurated by the Union Minister Nitin Gadkari recently in Madhya Pradesh for around Rs 11,427 crore?
A) 50
B) 12
C) 32
D) 45
View answer
Option D
Explanation: The Union Minister for Road Transport, Highways and MSMEs Nitin Gadkari virtually inaugurated 45 highway projects in Madhya Pradesh on 25 August 2020. These projects includes construction of 1,361 km of Road, two over bridges and six bridges at an estimated cost of Rs 11,427 crore.
- The insurance product ‘Shagun – Gift an Insurance’ is an accident insurance policy launched by which company to gift to near and dear ones?
A) Reliance General Insurance
B) HDFC ERGO General Insurance
C) SBI General Insurance
D) Bajaj Allianz General Insurance
View answer
Option C
Explanation: SBI General Insurance has launched first-of-its-kind insurance product called ‘Shagun – Gift an Insurance”, which is a unique gift of Personal Accident policy.
- Name the Chairman of the Defence Research and Development Organisation, whose tenure has been extended for two more years till 2022
A) Kailasavadivoo Sivan
B) G Satheesh Reddy
C) A. S. Kiran Kumar
D) Sanjay Mitra
View answer
Option B
Explanation: The Appointments Committee of the Cabinet has approved the extension of the tenure of renowned scientist G Satheesh Reddy as the Chairman of Defence Research and Development Organisation (DRDO), and as the Secretary of the Department of Defence Research & Development for a period of two years.
- The first ever National Coordination Committee meeting was held between India and Uzbekistan recently. Who is the President of Uzbekistan?
A) Shavkat Mirziyoyev
B) Abdulla Aripov
C) Islam Karimov
D) Otabek Umarov
View answer
Option A
Explanation: India and Uzbekistan conducted their inaugural National Coordination Committee meeting on 24 August 2020 through virtual mode, to monitor the implementation of mutually agreed projects between the two countries. The Committee was constituted under the directions of Prime Minister Narendra Modi and Uzbek President Shavkat Mirziyoyev.
- The International Conference on Aerosol Air Quality, Climate Change and Impact on Water Resources and Livelihoods in the Greater Himalayas will be held at the Aryabhatta Research Institute of Observational Sciences (ARIES). Where is ARIES based?
A) Dehradun
B) Srinagar
C) Nainital
D) Ladakh
View answer
Option C
Explanation: The International Conference on Aerosol Air Quality, Climate Change and Impact on Water Resources and Livelihoods in the Greater Himalayas is set to be held from September 14 to 16. The three-day conference will be organised by the Aryabhatta Research Institute of Observational Sciences (ARIES), Nainital in association with Hemvati Nandan Bahuguna Garhwal University. .
- The researchers in which state have discovered a rare specie of fish called Mahseer, which is usually found in Himalayan region?
A) West Bengal
B) Gujarat
C) Kerala
D) Andhra Pradesh
View answer
Option D
Explanation: A team of researchers from the Department of Zoology, Andhra University has spotted a specie of rare fish called Mahseer (scientific name Tor) on 24 August 2020, from the upper part of Sileru river, in Andhra Pradesh. This specie of fish is listed under the endangered category by IUCN (International Union for Conservation of Nature).
