Current Affairs Quiz - August, 2021

Notes:
Smt. Meenakshi Lekhi, Minister of State for Culture participated in the G20 Culture Ministers’ Meeting hosted by Italy. The meeting was held on 30 July, 2021. The main focus of the meeting was on ideas related to the protection of cultural heritage. Smt. Meenakshi Lekhi presented India’s perspective on the topic ” Culture and Creative Sectors as drivers for growth”. She highlighted the significance of culture and creative sectors in providing economic growth and employment. She discussed about One District One Product Scheme of Uttar Pradesh, Tourism circuits, promotion of Yoga and Ayurveda etc.
G20 is an intergovernmental forum which comprises European Union and 19 countries including India.

Notes:
Hindustan Petroleum Corporation Ltd. (HPCL) and State-run Convergence Energy Services Ltd. (CESL) collaborated for setting up EV Charging stations in metro cities across India including Delhi NCR, Mumbai, Pune, Chennai, Hyderabad, Bengaluru. CESL and HPCL will identify major highway across India where adequate charging infrastructure could be installed and established.
Hindustan Petroleum Corporation Ltd. is a subsidiary of Oil and Natural Gas Corporation. Its headquarter is in Mumbai. It has approximately 25% market-share in India among public sector understandings and has a strong marketing infrastructure.
State-run Convergence Energy Services Ltd is a subsidiary of state-owned Energy Efficiency Services Limited. It is a joint venture of public sector companies under the Ministry of Power, Government of India.

Notes:
A Memorandum of Understanding was signed between Indian Bank and IIT Bombay for extending credit facilities to Start-ups and MSMEs. The initiative is implemented by IIT Bombay. The initiative is named as Society for Innovation and Entrepreneurship (SINE). Under this initiative, Indian Bank will extend loans of up to 50 crore rupees to these start-ups. Loans will be provided for the purchase of machinery and equipment and other working capital requirements.
Indian Bank is an Indian nationalised financial services and banking company. It was established in 1907. Its headquarter is in Chennai. It is under the ownership of the Ministry of Finance of the Government of India.
IIT(Indian Institute of Technology) Bombay was founded in 1958. In 1961, Parliament declared all the IITs as an institute of national importance. IIT Bombay is a public technical and research university located in Powai in Maharashtra.

Notes:
USA won the CONCACAF Gold Cup 2021 after defeating Mexico and claimed its 7th title.  Mexico is the most successful team till date by claiming 11 titles.
CONCACAF (Confederation of North American and Carribean Association Football) was founded in 1961.
CONCACAF Gold Cup  is the main association football competition of the men’s national football teams governed by CONCACAF. It was started in 1990 and is organised every two years.

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:
Khalid Mansoor has been appointed as the chief of the China-Pakistan Economic Corridor (CPEC) Authority. He replaced Asim Saleem Bajwa. Khalid Mansoor has more than 30 years of experience in energy and petrochemical sectors. He has a good knowledge about execution, management and operations related to mega-projects.
China-Pakistan Economic Corridor is a collection of infrastructure projects that are under construction in the regions of Pakistan and China.  It was established on 22 May, 2013.

Notes:
India’s largest and most complex warship “INS Vikrant” began its sea trials on August 4, 2021. It is the first indigenous aircraft carrier of India. Its weight is about 40,000 tonne and this is the maiden sea trials of INS Vikrant. It is constructed by the  Cochin Shipyard Limited for the Indian Navy. It was launched in 2013. The meaning of Vikrant is “Courageous”.
The motto of the ship is “Jayema Sam Yudhi Sprdhah”. The meaning of the phrase is “I defeat those who fight against me”. The phrase is taken from the Rigveda.

Notes:
The Indian men’s hockey team has claimed an Olympic medal after 41 years, beating Germany 5-4 to claim the bronze in the ongoing Olympic Games on 5th August, 2021. The eight-time former gold-winners, who suffered a slump in performance in the last four decades, made the resurgence in the best way possible by bagging an Olympic medal. Determined to clinch a medal, the Indian hockey team made one of the most memorable comebacks in the history of the game, fighting back from a two-goal deficit to turn the match in their favour. It is India’s third hockey bronze medal in the history of the Olympics. The other two came in 1968 Mexico City and the 1972 Munich Games.

Notes:
Ravi Dahiya became only the second Indian wrestler to win a silver medal at the Olympic Games after he lost the men’s freestyle 57kg title clash to reigning world champion Zavur Uguev. There were expectations that the 23-year-old Dahiya would become India’s youngest Olympic champion but the Russian defended well to win comfortably. Ravi Dahiya belongs from Haryana.

Notes:
SBI General Insurance partnered with Manipal Business Solutions, the initiator of SahiPay, to expand its penetration of non-life insurance in rural areas of the country. As SahiPay provides digital and financial services in semi-urban and rural areas, SBI General will leverage this customer base to maximize its non-life penetration rate in rural areas by providing a variety of non-life insurance solutions. . Over 65% of the Indian population lives in rural areas and hence this partnership will let them understand the benefits of the insurance, affordable and technology-based products that this association provides.