Current Affairs Quiz - August, 2021

Notes:
Avinash Sable finished seventh in 3000m steeplechase event at the Tokyo Olympics 2020. He took 8 minutes 18.12 seconds (8:18.12s) to finish the race and set a national record by breaking his own record of 8:20.20s  that he set during the Federation Cup in March. He became the first Indian after 1952 to qualify for the Olympics in 3000m steeplechase event.
Avinash Sable belongs to Beed district of Maharashtra.

Notes:
Luciano Wernicke is the author of “The Most Incredible Olympic Stories”. The book is published by Niyogi Books. The book is about the journey of the Olympics. The book is a confluence of history, politics and spirit. It has many powerful tales with elements of surprise, unpredictability and romance. The book tells about the ideal spirit of the game, strict rules and the changes that can be made in the rules whenever necessary.

Luciano Wernicke is from Argentina. He worked in the sports media and also taught journalism techniques and text composition at the Ciculo de Periodistas Deportivos for about 20 years. In 2019, he joined the Costa Rica’s national football team as an assistant to the football team manager, Gustavo Matosas.

Notes:
A formal ceremony was held in the morning on 31st July, 2021 at South block, New Delhi. In this meeting, Vice Admiral SN Ghormade, AVSM, NM assumed charge as the Vice Chief of Naval Staff from Vice Admiral G Ashok Kumar, PVSM, AVSM, VSM, ADC.
The new Vice Chief of Naval Staff, Vice Admiral SN Ghormade is an alumni of National Defence Academy (NDA). He was commissioned in the Indian Navy on 1 Jan 1984 and is a Navigation and Direction Specialist.
The Vice Chief of the Naval Staff (VCNS) is the second-highest ranking officer of the Indian Navy and the deputy to the chief of the navy. VCNS is a PSO at Naval Headquarters in New Delhi. He is responsible for naval related tasks.

Notes:
Sanjeev Kishore was an alumnus of Indian Railway Institute of Mechanical and Electrical Engineering (IRIMEE), Jamalpur. He has been appointed as the new General Manager of South Western Railway (SWR). Earlier, he served as Additional Member (Production Units) of Railway Board.
He is a recipient of the National Award (Minister of Railways Award) for Meritorious Service in 2003 and a Fellow of Institutions of Engineer India and Institution of Mechanical Engineers, United Kingdom.
South Western Railway is one of the 18 Railway zones in India. It is headquartered at Hubballi in Karnataka state. It was carved out from Southern Railways and South Central Railways in 2003.

Notes:
Lyu Xiaojun is the oldest man to win an Olympic gold medal at the age of 37. He won Gold medal at Tokyo Olympics recently. He participated in 81 kilogram category. He belongs to China. Till 2018, he participated in 77 Kg category and was two time Olympic champion and five time world champion in this category. After 2018, he started participating in 81 Kg category as the International Weightlifting Federation recognized this category after 2018.

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:
Hungarian Grand Prix, 2021 was held at the Hungaroring in Mogyorod, Hungary on August 1, 2021. Esteban Ocon won his maiden F1 race. Hungarian Grand Prix was the eleventh round of the 2021 Formula One World Championship. Esteban Ocon has now taken the Formula One Championship lead from Max Verstappen.
Esteban Ocon belongs to France and he competes for Alpine-Renault.
Formula One World Championship 2021 is a motor racing championship for Formula One cars. It is recognised by the International Automobile Federation which is the governing body of International motorsport. According to FIA, Formula One World Championship  is the highest class of competition for open-wheel racing cars. The championship is being conducted over 23 Grands Prix  across the world.
Lewis Hamilton is the defending World driver and Mercedes is the defending World constructor. They won the titles in 2020.

Notes:
PhonePe became the first digital investment platform to launch UPI based AutoPay functionality for its Mutual Fund (MF) Systematic Investment Plans ( SIP) and offerings in India. The UPI AutoPay function will be available for existing as well as new investors on PhonePe app.
SIP is an investment route offered by Mutual Funds. In SIP, one can invest a fixed amount in a Mutual fund scheme according to their will at regular intervals.
SIPs are open-ended. Customers can initiate, pause, restart and terminate SIP at any time.
PhonePe  was founded in 2015 and was later acquired by Flipkart in 2016. Its headquarter is in Mumbai and Sameer Nigam is the current CEO of PhonePe.

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:
In the month of July, 2021, India has recorded the highest ever monthly merchandise export. The merchandise exports rose to 35.17 billion dollars. According to the provisional data of the commerce industry, there was a healthy growth in the shipment of petroleum, engineering goods and gems and jewellery.
Merchandise Exports From India Scheme (MEIS) is notified by the Directorate General of Foreign Trade (DGFT) and implemented by the Ministry of Commerce and Industry.