GK & Current Affairs – August 5, 2016

1. The book “Grassroots Innovation” has been authored by whom?
[A]Jairam Ramesh
[B]Neelam Kumar
[C]Anil K. Gupta
[D]Binod Chaudhary
Answer: Anil K. Gupta
The book “Grassroots Innovation” has been authored by Prof. Anil K. Gupta of IIM Ahmedabad, who is also the Vice Chairman of National Innovation Foundation. The book is about the stories of extraordinary men and women who are silently contributing to the innovation movement for the economic development and advancement of society.
2. Who will be honoured with the 2016 Rajiv Gandhi National Sadbhavana Award?
[A]Wahiduddin Khan
[B]Shubha Mudgal
[C]Amjad Ali Khan
[D]Muzaffar Ali
Answer: Shubha Mudgal
Shubha Mudgal, the hindustani classical singer, will be honoured with the 23rd edition of Rajiv Gandhi National Sadbhavana Award 2016 for her outstanding contribution towards the promotion of communal harmony, peace and goodwill. The award carries a citation and cash award of Rs. 10 lakh and would be presented to Mudgal on August 20, 2016,the birth anniversary of former Prime Minister Rajiv Gandhi.
3. Mahim Bora, who died recently, was a well-known author of which language?
Answer: Assamese
Mahim Bora (92), the well-known Assamese litterateur, has recently passed away in Nagaon district, Assam . His literary works include Kathanibari Ghat, Bohubhuji Tribhuj, Eai Nadir Sonte, Mai Pippali Aru Puja, etc.
4. The 2016 India International Footwear Fair (IIFF) has started in which city?
[A]New Delhi
Answer: New Delhi
The Union Finance Minister Arun Jaitley has inaugurated the 2nd edition of India International Footwear Fair (IIFF) 2016 at Pragati Maidan, New Delhi. The fair is the premier specialized B2B event of the India Trade Promotion Organisation (ITPO) and Confederation of Indian Footwear Industries (CIFI).
5. Which of the following sports has been included by the International Olympic Committee (IOC) for 2020 Tokyo Olympics?
[D]All of the above
Answer: All of the above
The International Olympic Committee (IOC) has added 5 sports viz. baseball/softball, karate, skateboard, sports climbing and surfing to the sports programme for the 2020 Tokyo Olympics. With this, the 2020 Tokyo Games will feature 33 sports and about 11,000 athletes, compared to the usual number of 28 sports and 10,500 athletes.
6. Which state tourism will organise ‘Freedom Ride’ on August 15, 2016?
[A]Madhya Pradesh
[B]Uttar Pradesh
Answer: Goa
The Goa Tourism will organize ‘Freedom Ride’, an exclusive bike rally will be held on August 15, 2016. The Freedom Ride rally will give bikers an experience of Goa’s beautiful landscape during the monsoons while exploring its treasures packed with Churches, Rivers, Beaches, Temples, Villages and much more. Only two riders per bike will be permitted. The charges include Rs.800 per person for advance bookings and Rs. 1000 for spot bookings. The well known historian Sanjeev Sardesai will guide the bikers and give insights into Goa’s history, culture and traditions during the rally.
7. Who has become the first Indian woman to join the International Olympic Committee?
[A]Deepika Arora
[B]Ipsita Dasgupta
[C]Mary Kom
[D]Nita Ambani
Answer: Nita Ambani
Nita Ambani, founder chairperson of Reliance Foundation and owner of the Mumbai Indians cricket team franchise, has been elected as an individual member of International Olympic Committee. With this, she became the first Indian woman to join the prestigious body which governs Olympic sports in the world. Nita is the only current active individual member of the IOC from India and will serve the world body till the age of 70.
8. India’s first tiger cell will set up in which of the following cities?
Answer: Dehradun
India’s first tiger cell will set up at the Wildlife Institute of India (WII) campus in Dehradun, Uttarakhand. A Memorandum of Understanding (MOU) has been signed between the National Tiger Conservation Authority (NTCA) and WII. The cell will house a database of tigers as well as DNA and stripes samples of the big cats from over 50 tiger reserves and will aid conservation efforts by preventing poaching and providing an update on tiger numbers.
9. The Bombay Stock Exchange (BSE) has recently signed cyber security MoU with which Indian Institute of Technology (IIT)?
[A]IIT Indore
[B]IIT Kanpur
[C]IIT Bombay
[D]IIT Madras
Answer: IIT Kanpur
The Bombay Stock Exchange (BSE) has recently signed cyber security MoU with the Indian Institute of Technology (IIT) Kanpur. The key highlights of the MoU includes cooperation for cyber security research in financial markets, developing and fostering an environment to deal with current & future cyber security challenges and develop tools to strengthen cyber security and advise BSE in its cyber related issues.
10. Which committee has been constituted by the Reserve Bank of India (RBI) to study on household finance in India?
[A]D B Shekatar committee
[B]Arvind Subramanian committee
[C]U K Sinha committee
[D]Tarun Ramadorai committee
Answer: Tarun Ramadorai committee
The Reserve Bank of India (RBI) has constituted Dr. Tarun Ramadorai committee to study various facets of household finance in India and benchmark India’s position against both the peer countries and advanced countries. The committee will also study the reasons behind the deviation of financial allocations of Indian households like the large household allocation to gold. It will evaluate the design of new systems and the redesign of existing systems of incentives and regulations to encourage and enable better participation by Indian households in formal financial markets. .

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