Current Affairs Quiz - August, 2021

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:
‘Mukhyamantri Vatsalya Yojana’  has been recently launched by Pushkar Singh Dhami, the Chief Minister of Uttarakhand. Under this scheme, Rs. 3000 will be directly transferred into accounts of children who lost  their parents or the earning member of their family during the Covid-19 pandemic. Free education, ration and health facilities will be provided to them till the age of 21.
State Minister Rekha Arya was also present when this scheme/programme was launched.

Notes:
Nikol Pashinyan, the chairman of the Civil Contract Party has been re-appointed as the Prime Minister of Armenia. He was first appointed as the Prime Minister in 2018.
President Armen Srkissian approved Pashinyan’s candidacy for the post of Prime Minister of Armenia.
Armenia is a country in Asia. It lies in the mountainous Caucasus region between Asia and Europe. Yerevan is the capital of Armenia and  Armenian dram is its currency.

Notes:
State Bank of India has recently launched a feature called “SIM BINDING” for its mobile banking customers. The feature has been added to SBI’s YONO and YONO lite digital banking systems to safeguard the interests of its customers. SIM Binding will protect customers from various digital frauds. After the addition of SIM Binding feature, YONO and YONO lite will work only on those devices which have SIM of mobile number registered with the Bank.
State Bank of India was formed on 1 July 1955 under the Gorewala Committee. Before 1955, It was known as the Imperial Bank of India which was formed in 1921 after merging Bank of Calcutta, Bank of Bombay and Bank of Madras. SBI is headquartered in Mumbai. The current Chairman of SBI is Dinesh Kumar Khara. It is India’s largest Government Bank.

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:
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:
Harpoon is an all-weather, over-the-horizon, anti-ship missile system. The United States of America has approved the sale of one Harpoon Joint Common Test Set (JCTS) along with the related equipment to India for an estimated cost of USD 82 million. This will help in improving India’s capability to meet current and future threats.
The principal contractor of the deal will be Boeing Company which is headquartered in Chicago, USA. The present CEO & President of Boeing Company is David L. Calhoun.

Notes:
The Government of India, the Central Water Commission, government representatives from 10 participating states and the World Bank has signed a $250 million project for long-term dam safety program and improving the safety and performance of existing dams across various states of India. The project will be implemented in approximately 120 dams across the states of Gujarat, Chhattisgarh, Madhya Pradesh, Kerala, Meghalaya, Maharashtra, Odisha, Manipur, Tamil Nadu and Rajasthan and at the national level through the Central Water Commission (CWC).

 

Notes:
Agricultural and Processed Food Products Export Development Authority (APEDA) has signed a Memorandum of Understanding (MoU) with University of Agricultural Sciences (UAS), Bangalore with the aim to boost export of agricultural and processed food products, especially from the state of Karnataka.  The key areas of cooperation will be developing technologies jointly with APEDA for efficient & precision farming, advance alertness, enhancing quality exports, diversifying the export basket, boosting high-value agri exports, etc.

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.