Current Affairs Quiz - August, 2021

Notes:
Prime Minister Narendra Modi  launched some initiatives as a part of the extension to the  National Education Policy 2020 on July 29th, 2021. Vidya Pravesh initiative has been launched for Pre School Kids, basically for Grade 1 students. Under this initiative, three-month play module will be set for the children to prepare them for school. It will also include a subject of Indian Sign language at the Secondary Level.

Notes:
India ranks Fourth among the top 20 countries which is contributing to biological databases.
Union Minister Jitendra Singh released the “Biotech-PRIDE Guidelines. The term PRIDE means “Promotion of Research and Innovation through Data Exchange”.
It has been developed by Department of Biotechnology (DBT), Ministry of Science and Technology. It was released on July 30, 2021. These guidelines will enable exchange of information to promote research and innovation in different research groups across the country. The Indian Biological Data Center (IBDC) will initially implement these guidelines.
Other existing datasets/data centers will connect to this IBDC called BioGrid. BioGrid will become a national respiratory of knowledge, information and biological data and will be responsible for allowing their exchange, establishing security measures, standards and quality of data sets and establishing detailed modes of access to data.

Notes:
Emma Mckeon became the first female swimmer to win seven medals in a single Olympic event. She won seven medals at the Tokyo Olympics. She belongs to Australia. She had broken the Olympic record twice in the Tokyo Olympic. She completed the 50m freestyle event in 24.02 seconds and set a world record and then again  broken this record by completing the 50m freestyle in 24 seconds.
She now matched the record for the most decorated female athlete at a single Games/event along with the Russian gymnast Maria Gorokhovskaya who won seven medals in 1952 Olympics held in Helsinki.
Emma Mckeon joins Michael Phelps, Matt Biondi and Otto, as the only swimmers to win five or more golds at one Games/event.

Notes:
Forbes released Fortune 500 global list of companies on August 2, 2021. According to the list,
Walmart is ranked first in terms of total revenues for their respective fiscal years ended on or before March 31, 2021. Walmart had a revenue of USD 524 billion.
Walmart Inc. is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores and grocery stores. The company is based in United States of America. It is headquartered in Bentonville, Arkansas. It was founded on 2 July, 1962 by Sam Walton and Walton family is its owner. Doug Mcmillion is the current CEO of this company.
Forbes is an American business magazine. It is owned by Integrated whale media investments and Forbes family. It features articles on finance, industry, investments and marketing topics. It is based in New Jersey, USA.

Notes:
A cashless and contactless instrument named ‘e-Rupi’ was launched by the Prime Minister Narendra Modi on August 2, 2021. It has been launched for providing the facilities of digital payments. It will be helpful in strengthening Direct Benefit Transfer (DBT) by assisting in targeted, transparent and leakage free delivery. e-RUPI is a QR code or SMS string based e-Voucher which is delivered to the mobile of the beneficiaries. These vouchers will be mostly used for health-related payments. Corporates can also use these vouchers for their employees.
It has been developed by the National Payments Corporation of India in collaboration with the department of financial services, health ministry and the National Health Authority.

Notes:
Viktor Axelsen won the gold medal in men’s singles badminton at Tokyo Olympics on August 2, 2021. He belongs to Denmark. He defeated Chen long of china who won the gold medal in 2016 Olympics held in Rio de Janeiro, Brazil.  Viktor Axelsen is the 2017 World Champion and the gold medalist of 2020 Summer Olympics. He became the first European player to won the World Junior Championship. He defeated Kang Ji-wook of Korea in 2010 and won the World Junior Championship.

Notes:
Reserve Bank of India (RBI) has empanelled  IndusInd Bank  as an Agency bank to RBI. It will now handle  transactions related to government business. On behalf of the state and central government, the bank can now facilitate transactions related to revenue receipts under Central Board of Direct Taxes (CBDT), Central Board of Indirect Taxes and Customs (CBIC) and Goods and Service Tax (GST).
IndusInd Bank was established in 1994. It is headquartered in Pune, Maharashtra. Sumant Kathpalia is the current CEO & MD of IndusInd Bank.

Notes:
The Union Cabinet has given its approval of a Memorandum of Understanding (MoU) between the Indian Institute of Space science and Technology (IIST) and The Delft University of Technology (TU Delft), for carrying out Research activities and Academic programmes which will involve faculty and students from each institution.

 

Notes:
The Department for Promotion of Industry and Internal Trade has notified about a New Central Sector Scheme for industrial development of Jammu and Kashmir with an amount of Rs. 28,400 crore. This scheme is applicable for any eligible industrial (manufacturing) entity or eligible service sector enterprise other than those run departmentally by Government.

Notes:
India and the European Union (EU) have agreed to resume the negotiations for an ambitious, balanced, mutually beneficial and comprehensive trade agreement. Free Trade Agreement (FTA) negotiations are to be held considering the interest of both India and EU.