Daily Current Affairs Quiz : August 21, 2021
August 21, 2021 August 21, 2021
1. With which organization, India has signed a USD 500 million loans agreement in order to expand metro rail network in Bengaluru?
[A] Asian Development Bank
[B] World Bank
[C] European Central Bank
[D] New Development Bank
Show Answer
Correct Answer: A [Asian Development Bank]
Notes:- India has signed a USD 500 million loans agreement with the Asian Development Bank (ADB) in order to expand metro rail network in Bengaluru.
- Metro Rail Network in Bengaluru will be expanded with the construction of two new metro lines of 56 kilometers.
- Signatories to an agreement for Bengaluru Metro Rail Project include: Rajat Kumar Mishra, Additional Secretary of Department of Economic Affairs, and Takeo Konishi, Country Director of ADB’s India Resident Mission.
2. Who has been elected as the new president of Institute of Economic Growth (IEG) Society?
[A] Dr Manmohan Singh
[B] Amitabh Kant
[C] Ajay Tyagi
[D] NK Singh
Show Answer
Correct Answer: D [NK Singh]
Notes:- Chairman of 15th Finance Commission, NK Singh, has been elected as the new president of Institute of Economic Growth (IEG) Society.
- He succeeded former Prime Minister Dr Manmohan Singh who was the President of IEG since 1992.
- His name was recommended by Dr Manmohan Singh for the consideration of the IEG’s general assembly. Dr Manmohan Singh stepped down from this position for health concerns.
- It is an autonomous, multidisciplinary centre that is used for advanced research and training. It was founded by VKRV Rao in 1952, but became operational in 1958. It is located at University Enclave of University of Delhi, New Delhi.
3. Which organization has launched eShield Next life insurance product?
[A] Life Insurance Corporation
[B] HDFC Life Insurance
[C] SBI Life Insurance
[D] Bajaj Allianz Life Insurance
Show Answer
Correct Answer: C [SBI Life Insurance]
Notes:- SBI Life Insurance has launched a new-age protection solution ‘SBI Life eShield Next’ an individual, non-linked, non-participating, life insurance pure risk premium product that is neither linked to the stock market nor shares any profit or dividends with the policyholders.
- It offers three plan options – level cover, increasing cover and level cover with future-proofing benefit.
4. With which organization, Capital Float has partnered to extend its buy now pay later (BNPL) solution?
[A] Bank of Baroda
[B] Razorpay
[C] State Bank of India
[D] Paytm
Show Answer
Correct Answer: B [Razorpay]
Notes:- Capital Float has partnered with Razorpay, to extend its buy now pay later (BNPL) solution ‘Walnut 369’ to all Razorpay-enabled online merchants.
- Customers can sign up while shopping, get approved instantly and pay for purchases over three, six or nine months.
- Through this partnership Capital Float aims to expand to over 1,00,000 partners and serve customers across 100 cities in India.
5. Recently, with which organization, Ministry of Tourism has partnered to strengthen the hospitality and tourism industry?
[A] MakeMyTrip
[B] Ibibo
[C] RedBus
[D] Both A & B
Show Answer
Correct Answer: D [Both A & B]
Notes:- The Ministry of Tourism has signed a Memorandum of Understanding (MoU) with MakeMyTrip (India) Private Limited and Ibibo Group Private Limited in a bid to strengthen the hospitality and tourism industry.
- It has already signed MoUs with Cleartrip and Yatra.com and Ease my Trip.
- The primary objective of this MoU is to provide an extensive visibility to accommodation units, which have self-certified themselves on SAATHI (System for Assessment, Awareness and Training for the Hospitality Industry) on the OTA platform.
The above 5 questions are part of Daily Current Affairs 20 MCQs Series in GKToday Android Application. This series can be subscribed in the app only for Rs. 799/- for entire year.
Download Now
