Current Affairs For (22 August, 2021)

1. Neo Collections is a DIY Digital Repayment platform launched by which bank?

Correct! Wrong!

Anwers With Explanation : (D) Kotak Mahindra Bank has launched a platform named ‘Neo Collections’, which is a Do It Yourself Digital Repayment Platform for missed loan repayments.

2. PM Narendra Modi recently inaugurated several projects related to Somnath Temple. In which state is the historic temple located?

Correct! Wrong!

Anwers With Explanation : (A) Prime Minister Shri Narendra Modi inaugurated and laid the foundation stone of multiple projects in Somnath, Gujarat on August 20, 2021 via video conferencing.

3. The World Senior Citizen Day is marked every year on which day?

Correct! Wrong!

Anwers With Explanation : (B) The World Senior Citizen Day is observed globally on August 21 every year to raise awareness about issues affecting older people, such as deterioration with age and the abuse of the elderly and support, honor and show appreciation to seniors and to recognize their achievements.

4. Name the bank in UAE with which NPCI International Payments Ltd (NIPL) has tied up to launch the UPI facility in UAE.

Correct! Wrong!

Anwers With Explanation : (C) NPCI International Payments Ltd (NIPL) has partnered with Mashreq Bank to launch the payment system facility of Unified Payments Interface (UPI), in the UAE.

5. The ‘Small Business Loans Initiative’ has been unveiled in India by which of these companies in collaboration with Indifi?

Correct! Wrong!

Anwers With Explanation : (D) Facebook India has launched “Small Business Loans Initiative” in India in partnership with online lending platform Indifi. India is the first country where Facebook is rolling out this programme.

6. The International Day of Remembrance and Tribute to the Victims of Terrorism is celebrated on which day of the year?

Correct! Wrong!

Anwers With Explanation : (B) The International Day of Remembrance and Tribute to the Victims of Terrorism is a UN recognised day observed on August 21 to pay tribute to the individuals across the globe who have been attacked, injured, traumatized or lost their lives because of terrorist attacks.

7. Which company has emerged as the world’s most valuable company in Hurun’s 2021 Global 500 Most Valuable Companies?

Correct! Wrong!

Anwers With Explanation : (D) Apple is the world’s most valuable company (USD 2,443 billion) according to the Hurun Global 500 Most Valuable Companies list 2021.

8. Shanti Lal Jain has been appointed as the MD and CEO of which bank?

Correct! Wrong!

Anwers With Explanation : (A) Shanti Lal Jain has been appointed as the Managing Director and Chief Executive Officer of Indian Bank for a period of three years. He will replace Ms. Padmaja Chunduru as MD and CEO of Indian Bank.

9. The Sanskrit Week is being observed from _______ in 2021 in India.

Correct! Wrong!

Anwers With Explanation : (C) In 2021, India is observing the Sanskrit Week from August 19 to August 25, 2021, to promote, popularise and cherish the importance of ancient language. In 2021, Sanskrit Day will be celebrated on August 22, 2021.

10. Which film has won the “Best Feature Film” Award at the Indian Film Festival of Melbourne (IFFM) 2021?

Correct! Wrong!

Anwers With Explanation : (D) Soorarai Pottru has won the “Best Feature Film” Award at the Indian Film Festival of Melbourne (IFFM) 2021.

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