August 2021

Current Affairs Questionnaire (6 August, 2021)

  1. RBI has retained real GDP growth at how much for Fiscal Year 2021-22?

(A) 10.7 percent

(B) 9.5 percent

(C) 11 percent

(D) 10 percent

Answers With Explanation : (B) The Reserve Bank of India (RBI) on August 6, 2021 retained the real GDP growth forecast at 9.5 percent for the current financial year 2021-2022. The RBI has also kept the repo rate unchanged at 4 percent and reverse repo rate at 3.35 percent and decided to continue to maintain its accommodative stance. 

  1. India has signed a $250 million project with which international financial institution to increase long-term safety of existing dams?

(A) WB




Answers With Explanation : (A) India, World Bank, the Central Water Commission and government representatives from 10 participating States on August 4, 2021, signed the Second Dam Rehabilitation and Improvement Project (DRIP-2) worth $250 million for enhancing the safety and performance of existing dams in India.

  1. Which state assembly has passed a resolution demanding Government to withdraw Electricity (Amendment) Bill?

(A) Madhya Pradesh

(B) Delhi

(C) Kerala

(D) Andhra Pradesh

Answers With Explanation : (C) The Kerala Assembly on August 5, 2021, unanimously passed a resolution demanding the Central Government to withdraw the Electricity (Amendment) Bill, 2021.

  1. Sjoerd Marijne stepped down as Chief Coach of which Indian team?

(A) Indian women’s hockey team

(B) Indian men’s hockey team

(C) Indian men’s football team

(D) Indian women’s archery team

Answers With Explanation : (A) The Indian women’s hockey team chief coach Sjoerd Marijne stepped down from his position on August 6, 2021. He revealed that India’s bronze medal match against Great Britain at the Tokyo Olympics was his last assignment with the Indian side.

  1. Who overtook Jeff Bezos to become the world’s richest man as per Forbes Real-time Billionaires list on August 6, 2021?

(A) Elon Musk

(B) Bill Gates

(C) Bernard Arnault & Family

(D) Mark Zuckerberg

Answers With Explanation : (C) Bernard Arnault, French Tycoon, the Chairman and the CEO of the French Luxury Conglomerate LVHM Moet Hennessy- Louis Vuitton, became the richest man in the world after Amazon’s founder Jeff Bezos net worth fell $13.9 billion in a day on August 6, 2021. 

  1. Rajiv Gandhi Khel Ratna Award has been rechristened to honour which Indian sporting legend?

(A) Milkha Singh

(B) Dhyan Chand

(C) Kapil Dev 

(D) PT Usha

Answers With Explanation : (B) Rajiv Gandhi Khel Ratna Award has been renamed as Major Dhyan Chand Khel Ratna Award. The highest sporting honour in the country which was named after the former Prime Minister of India Rajiv Gandhi has been rechristened in the honour of Hockey wizard Dhyan Chand.

  1. Which state government has launched COVID-19 Death Information Portal?

(A) Kerala

(B) Rajasthan

(C) Delhi

(D) Odisha

Answers With Explanation : (A) Kerala Government on August 5, 2021, launched the COVID-19 death information portal in the state to maintain and manage a proper record of the number of deaths due to coronavirus infection.

  1. Which nation has banned coral-damaging sunscreens in marine parks?

(A) Thailand

(B) Switzerland 

(C) Sweden 

(D) Indonesia

Answers With Explanation : (A) Answers With Explanation : Thailand has banned sunscreens containing chemicals that can potentially damage coral from all of its marine national parks. This comes after concerns were raised that the lotions used by tourists for sun protection are harming the slow-growing corals. Thai Department of Conservation stated that four ingredients commonly found in sun creams destroy the coral larvae, obstruct coral reproduction and cause reef bleaching. 

  1. As per Deposit Insurance and Credit Guarantee Corporation (Amendment) Bill, 2021, up to what amount the depositors of a stressed bank, put under moratorium, will be able to withdraw within 90 days?

(A) Rs 5 lakh

(B) Rs 2 lakh

(C) Rs 6 lakh

(D) Rs 3 lakh

Answers With Explanation : (A) The Union Cabinet has cleared the Deposit Insurance and Credit Guarantee Corporation (Amendment) Bill, 2021. Under the new amendments, bank deposits of up to ₹5 lakh will be covered by the government in case a bank fails. Earlier, deposits of only up to ₹1 lakh were insured. This Bill also mandates that the Deposit Insurance and Credit Guarantee Corporation (DICGC) must return money owed to depositors within 90 days after the failure of a bank. Deposit insurance offers protection to the deposits of bank customers in case a bank becomes insolvent. The DICGC regularly collects money from banks to fund a corpus that is used to compensate depositors if a bank fails.

10.Which nation, India has defeated to clinch the bronze medal in hockey in the Tokyo 2020 Olympics?

(A) Belgium

(B) Germany

(C) Argentina

(D) Netherlands

Answers With Explanation : (B) 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.

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