Current Affairs Quiz - August, 2021

Notes:
Rashad Hussain is an American attorney, diplomat and professor. He has been nominated as the Ambassador-at Large for International Religious Freedom by Joe Biden, the President of USA. Rashad Hussain is Director for Partnerships and Global Engagement at the National Security Council.
He previously served as Senior Counsel at the Department of Justice’s National Security Division. He served as U.S. Special Envoy to the Organisation of Islamic Cooperation (OIC), U.S Special Envoy for Strategic Counterterrorism Communications and Deputy Associate White House Counsel.

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All India Institute of Ayurveda (AIIA) and London School of Hygiene and Tropical Medicine (LSHTM) signed a Memorandum of Understanding (MoU) to conduct study on ‘Ashwagandha’ for promoting recovery from Covid-19. Clinical trials will be conducted on 2000 participants in three U.K. Cities : Birmingham, Leicester and London.
All India Institute of Ayurveda (AIIA) is an autonomous body under the Ministry of Ayush. London School of Hygiene and Tropical Medicine (LSHTM) is a public research university in Bloomsbury and a constituent college of the University of London that specifies in public health and tropical medicine. It was founded in 1899 by Patrick Manson.

Notes:
Forbes released Fortune 500 global list of companies on August 2, 2021.
As per the list, Reliance Industries Ltd. (RIL) is the highest ranked Indian company in a fiscal year ended on or before March 31, 2021. Globally, It is on 155th position. Apart from RIL, there are other Indian companies also such as Tata Motors, Indian Oil Corporation, Oil and Natural Gas Corporation, Rajesh Exports, Bharat Petroleum Corporation Ltd.
Reliance Industries Limited is an Indian multinational conglomerate company which includes different sectors such as energy, petrochemicals, natural gas, retail, telecommunications, mass media, textiles etc. It was founded on 8 May, 1973 by Dhirubhai Ambani. Mukesh Ambani is the current CEO of Reliance Industries Limited.
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:
Udupi district of Karnataka stood first in the successful implementation of Sakala scheme in July, 2021.
Sakala is a legislation formed to provide timely delivery of government services to citizens by the Government departments concerned.
Karnataka incorporate Sakala scheme under Right to Public Services legislation.
Karnataka Sakala Services Act was passed in 2011 to provide guarantee of services to citizens in Karnataka with a stipulated time limiting to citizen related services. It was renamed as Sakala Act in 2012.
The technical services related to the Sakala scheme is developed by the National Informatics Centre (NIC) with a motive to provide solutions and services to monitor the services.

Notes:
Financial Times Publication, The Banker honoured DBS Bank as the global winner for Most Innovative in Digital Banking, 2021. The bank was also recognised as the Asia-pacific winner and won in the Cyber security category for its secure access and remote working solution.
Euromoney, a leading financial publication named DBS bank as Asia’s best bank and Asia’s best digital bank in its regional awards for excellence 2021.
DBS Bank Ltd. is a Singaporean multinational banking and financial services corporation which is headquartered in Marina Bay, Singapore. Earlier, It was known as ‘The Development Bank of Singapore Limited’. It was named as “DBS bank Limited” on 21 July, 2003.
Piyush Gupta is the current CEO of DBS Bank Ltd.

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.

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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:
At the Tokyo Olympics 2020, Elaine Thompson becomes the first woman to retain 100m and 200m Olympic Titles. She is from Jamaica. She is a four-time Olympic champion. She set a national and Olympic record of finishing 100m ( women’s category ) race in 10.61 seconds. She is the second-fastest woman in the 200metres with a time of 21.53 seconds. Griffith-Joyner of the United States of America is considered as the fastest woman.

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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:
Chief Minister Arvind Kejriwal gave nod to proposal of 66% salary hike for MLAs of the Delhi government. This hike has come after a decade to raise existing monthly salary and allowances of MLAs from Rs 54,000 to Rs 90,000.