CURRENT AFFAIRS
DAILY CURRENT AFFAIRS
A)
SBI
B)
HDFC Bank
C)
ICICI Bank
D)
Kotak Mahindra Bank

Correct Answer : Option (C) - ICICI Bank

Note :

The Reserve Bank of India(RBI) has approved the re-appointment of Sandeep Bakhshi as Managing Director and CEO of ICICI Bank with effect from October 15, 2021 till October 3, 2023.
 
“...the shareholders at the annual general meeting held on August 9, 2019 had already approved the appointment of Bakhshi for a period effective from October 15, 2018 up to October 3, 2023,” the private sector lender said in a stock exchange filing.
 
Bakhshi was appointed as MD and CEO of ICICI Bank in October 2018 after the bank’s board had accepted the request of Chanda Kochhar to seek early retirement.
 
“His appointment will be for a period of five years until October 3, 2023, subject to regulatory and other approvals,” the bank had said at the time.

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Published On : August 26, 2021
A)
Paytm
B)
GPay
C)
BharatPe
D)
PhonePe

Correct Answer : Option (C) - BharatPe

Note :

BharatPe, one of India’s fastest growing FinTech companies, recently announced its foray into the consumer space with the launch of its consumer product- 12% Club. Available on Google Play Store and Apple App Store, this product aims to redefine the rules of consumer lending and investments.
 
With 12% Club, consumers will have an option to invest and earn upto 12% annual interest or borrow at a competitive interest rate of 12%. BharatPe has partnered with RBI approved NBFCs to offer this investment-cum-borrowing product for consumers. The company aims to achieve an investment AUM of US$ 100 million and a lending AUM of US$ 50 million from this product, by the end of the current fiscal.

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Published On : August 26, 2021
A)
Maldives
B)
Russia
C)
Malaysia
D)
Indonesia

Correct Answer : Option (A) - Maldives

Note :

India and Maldives will on Thursday(26-08-2021) sign the largest-ever infrastructure project in the country which will be developed by a Maharashtra-based company. Afcons, a construction and engineering firm, will sign the agreement with the government of Maldives for the mega The Greater Male Connectivity project (GMCP).
 
Being hailed as Maldives’ economic lifeline as it will boost connectivity between four islands accounting for about half of the Maldivian population, the project is being built on the request of President Ibrahim Mohamed Solih and foreign minister Abdulla Shahid, the Hindustan Times reported.
 
6.74 km long bridge and causeway link has reportedly been funded by an Indian grant of $100 million and a line of credit of $400 million. It will connect Maldives’ capital Male with adjoining islands of Villingli, Gulhifalhu and Thilafushi.

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Published On : August 26, 2021
A)
August 25th
B)
August 26th
C)
August 27th
D)
August 28th

Correct Answer : Option (B) - August 26th

Note :

Every year on 26 August, International Dog Day is celebrated across the world. It is a day to encourage people to adopt dogs, instead of buying them from pet stores or shops. The day is also recognised to celebrate all dogs, irrespective of their shape, size, breed among others.
 
History of International Dog Day :
 
In the year 2004, the day was founded by animal welfare advocate and pet lifestyle expert, Collen Paige. He is also a conservationist, dog trainer, and author. The date 26 August was selected for International Dog Day because it was the first time when Paige's family adopted Sheltie; he was 10-years-old.
 
Along with International Dog Day, Paige also founded and observed many such days including National Cat Day, National Puppy Day, National Wildlife Day, and National Mutt Day.

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Published On : August 26, 2021
A)
Black Screen
B)
Thinking bird
C)
Warped Films
D)
Colgate-Palmolive

Correct Answer : Option (D) - Colgate-Palmolive

Note :

Colgate-Palmolive has launched the first-of-its-kind recyclable toothpaste tubes in India that will be available nationally starting this month, August 2021.

Launching the initiative in partnership with EPL Limited (Formerly known as Essel Propack Limited), Colgate is manufacturing recyclable tubes for its Colgate Active Salt and Colgate Vedshakti toothpaste portfolio. Colgate Active Salt, combines salt with calcium and minerals to make teeth strong and gums healthy. Whereas the premium Ayurvedic toothpaste Colgate Vedshakti offers the goodness of a unique blend of powerful Ayurvedic ingredients.

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Published On : August 26, 2021
A)
India
B)
US
C)
UK
D)
Russia

Correct Answer : Option (A) - India

Note : India will host the second United Nations World Geospatial Information Congress (UNWGIC) in October 2022, at Hyderabad. Every four years, UN-GGIM hosts the UNWGIC, with the goal of improving international collaboration in geospatial information management and capacity among the member states and all the concerned stakeholders.

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Published On : August 26, 2021
A)
Swachh Bharat
B)
Namami Ganga
C)
Azadi Ka Amrit Mahotsav
D)
Atma Nirbhar Bharat

Correct Answer : Option (C) - Azadi Ka Amrit Mahotsav

Note :

Union Ministry of Information and Broadcasting is all set to launch a gamut of activities to celebrate Azadi ka Amrit Mahotsav from August 23-29, 2021, under its 'Iconic Week' celebrations. 

Union Minister of Information and Broadcasting Anurag Thakur will start off the grand celebration that will attract participation from across the country under the overall spirit of "Jan Bhagidari and Jan Andolan''.

As per the official release by the ministry, the objective is to showcase the journey of New India and celebrate the contribution of freedom fighters including the 'Unsung Heroes' of the freedom struggle through massive outreach activities.

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Published On : August 26, 2021
A)
A U Small Finance Bank
B)
Ujjivan Small Finance Bank
C)
Utkarsh Small Finance Bank
D)
Equitas Small Finance Bank

Correct Answer : Option (D) - Equitas Small Finance Bank

Note :

Freo, India’s first of its kind, credit-led neobank has announced its plan to launch its zero-balance savings account, called Freo Save in collaboration with Equitas Small Finance Bank.
 
After the founders have previously launched MoneyTap and have championed the lending and credit business with a disbursal more than 4400 crores, this launch is a logical step towards the Freo brand fulfilling its promise to bring the whole suite of financial products to the customer to help in every step of their financial journey throughout life.

Freo Save allows customers to make informed financial decisions and strengthen their credit profile in the process. The account also offers a best in class interest rate of 7% (on a balance of Rs. 1 lakh and above), world-class customer support, and seamless integration with UPI to make funds transfer and bill payments easier.

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Published On : August 26, 2021
A)
Chennai
B)
Bengaluru
C)
Hyderabad
D)
Visakhapatnam

Correct Answer : Option (B) - Bengaluru

Note :

Renewable energy startup Ohmium International on Tuesday(24-08-2021) announced the start of India's first green hydrogen electrolyzer gigafactory that will turn power from renewable sources into carbon-free hydrogen. The Bengaluru plant will have an initial manufacturing capacity of 500 MW per year, with plans to scale to 2 GW (2000 MW), the firm said in a statement.
 
"While a number of corporates have announced plans to produce green hydrogen, the manufacture of electrolyzer by Ohmium will ensure availability of end-to-end solution within the country and cut down dependence on imports for this key equipment," it said.
 
Green Hydrogen, which is the pollution-free fuel of the future, is industry agnostic and will facilitate India's transition to clean energy.

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Published On : August 26, 2021
A)
Ministry of Health and Family Welfare
B)
Ministry of Electronics & Information Technology
C)
Ministry of Micro, Small and Medium Enterprises
D)
Ministry of Statistics and Programme Implementation

Correct Answer : Option (B) - Ministry of Electronics & Information Technology

Note :

The Ministry of Electronics and Information and Technology (MeitY) on 25-08-2021 launched Start-up Accelerators of MeitY for pRoduct Innovation, Development and growth (SAMRIDH) programme. 
 
Speaking at the launch of SAMRIDH scheme, Electronics and Information Technology Minister Ashwini Vaishnaw said that the initiative will not only provide funding support to the startups but will also help in bringing skill sets together which will help them to become successful.
 
Reiterating the vision of Prime Minister Narendra Modi, Vaishnaw stated that technology and the energy of youngsters is a great potential source of energy for inclusive development.

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Published On : August 26, 2021