Current Affairs Quiz - August, 2021

Notes:
“Delhi@2047” initiative was launched recently by Arvind Kejriwal. The aim of this initiative is to build partnerships with the private sector, CSR initiatives and  philanthropic organisations to achieve the vision for Delhi by 2047 and make Delhi as the Global city in the world. The main objectives under this initiative are Increasing Delhi’s per capita income to Singapore’s level, Providing 24*7 water supply before the upcoming elections, to bid for the 2048 Olympics, making roads as per the European standards and many other facilities.

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:
“Health and Wellness Savings Account” has been launched by Suryoday Small Finance Bank (SFB) to provide support during medical emergencies. A resident individual with an age limit 18 years to 65 years of age can open the joint or single account. The account will provide a health insurance of Rs.25 lakhs, annual healthcare package etc.
For getting the medical benefits, the individual will have to maintain an average monthly balance of Rs. 3 lakh and he/she should be eligible as per the health declaration form.
Suryoday Small Finance Bank was established in 2017. It is headquartered in Mumbai. Baskarbabu Ramchandran is the current CEO &  MD of the bank.

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:
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.

Notes:
Two major projects, developed under Smart City initiative of the Greater Visakhapatnam Municipal Corporation (GVMC), are ready for inauguration in Visakhapatnam. Under the smart city initiative, VMRDA Park (also known as VUDA Park) on Beach Road and Multi Level Car Parking (MLCP) Project at Jagadamba Junction has been completed.

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:
Ministry of Housing and Urban Affairs is implementing, through States/Union Territories, “Support to Urban Street Vendors (SUSV)”, as a component of Deendayal Antyodaya Yojana- National Urban Livelihood Mission (DAY-NULM) Scheme. It aims to address the livelihood concerns of the urban street vendors by facilitating access to institutional credit, suitable spaces, social security, etc.

Notes:
India and China have disengaged their troops in the Gogra region located in the Eastern Ladakh. The move comes following the twelfth round of talks held between the Corps Commanders of India and China and was held at Chushul Moldo Meeting Point in Eastern Ladakh on July 31. Since May 2020, the troops in this area have been in a face-off situation. The two sides had an in-depth and candid exchange of views on resolution of the remaining areas related to disengagement along the Line of Actual Control (LAC) in the Western Sector of the India-China border areas.

Notes:
Khel Ratna Award, which is India’s highest sporting honour, and was named after former Prime Minister Rajiv Gandhi, was on 6th August, 2021 rechristened in the honour of hockey legend Dhyan Chand. The award will now be called as ‘Major Dhyan Chand Khel Ratna Award’. Goal is the title of the autobiography of Major Dhyan Chand.