CURRENT AFFAIRS
DAILY CURRENT AFFAIRS
A)
SEBI
B)
SBI
C)
RBI
D)
NITI Aayog

Correct Answer : Option (C) - RBI

Note :

The Reserve Bank of India (RBI) announced the formation of a composite Financial Inclusion Index (FI-Index) to capture the extent of financial inclusion across the country.
 
The annual FI-Index for the period ended March 2021 stood at 53.9 compared with 43.4 for the period ended March 2017. The FI-Index will be published in July every year, the RBI said in a release.
 
The index has been conceptualised as a comprehensive index incorporating details of banking, investments, insurance, postal as well as the pension sector in consultation with the government and respective sectoral regulators, the RBI said.
 
The index captures information on various aspects of financial inclusion in a single value ranging between 0 and 100, where 0 represents complete financial exclusion and 100 indicates full financial inclusion.
 
“The FI-Index comprises three broad parameters (weights indicated in brackets) viz., Access (35%), Usage (45%), and Quality (20%) with each of these consisting of various dimensions, which are computed based on a number of indicators,” the RBI said.
 
The index is responsive to ease of access, availability and usage of services, and quality of services for all 97 indicators.
 
The FI-Index has been constructed without any ‘base year’ and as such it reflects cumulative efforts of all stakeholders over the years towards financial inclusion, it said.

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Published On : August 19, 2021
A)
N K Singh
B)
Arun Jaitley
C)
Urjit Patel
D)
Raghuram Rajan

Correct Answer : Option (A) - N K Singh

Note :

N K Singh, Chairman of the 15th Finance Commission has been elected as the President of the Institute of Economic Growth (IEG) Society, at a meeting of the general body on August 16, the society said on 19-08-2021.
 
According to a statement issued by IEG, the name of Singh was suggested for consideration of the General Assembly of the IEG by Dr Manmohan Singh. Manmohan Singh had served as the President of IEG since 1992 and has been closely associated with the institute for several decades.
 
N.K Singh succeeds Dr Manmohan Singh, former Prime Minister of India, who retired from the Presidency of the IEG Society earlier this month. Tarun Das former Director-General, Confederation of Indian Industry (CII) is the current Chairman, Board of Governors and Professor Ajit Mishra is the Director of the institute....

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Published On : August 19, 2021
A)
DMart
B)
Future Retail
C)
Reliance Retail
D)
Shoppers Stop

Correct Answer : Option (A) - DMart

Note :

DMart owner Radhakishan Damani has entered the list of top 100 richest people in the world
 
The media-shy billionaire investor with a net worth of $19.2 billion is positioned at the 98th spot in the list compiled by Bloomberg Billionaires Index. 
 
He was placed at 117th position last year on the global list of billionaires and was the fourth richest Indian with a net worth of $16.5 billion. 

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Published On : August 19, 2021
A)
USA
B)
Britain
C)
France
D)
Germany

Correct Answer : Option (B) - Britain

Note :

'Exercise Konkan- 2021', a bilateral Naval Exercise held between the Indian Navy and the Royal Navy of Britain in Portsmouth, United Kingdom (UK).
 
Indian Naval Ship (INS Tabar), a Talwar class stealth frigate of Indian Navy and HMS Westminster of the Royal Navy undertook the exercise in non contact form due to Covid-19 pandemic. It aims to enhance interoperability, synergy and cooperation between both the Navies.

Exercise Konkan :
It is held annually since 2004 between the Indian Navy and the Royal Navy of Britain. The 2019 Edition was held on the English Channel, UK.

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Published On : August 19, 2021
A)
Gujarat
B)
Punjab
C)
Uttar Pradesh
D)
Rajasthan

Correct Answer : Option (C) - Uttar Pradesh

Note : The Uttar Pradesh government has decided to set up a training centre for Anti-Terrorist Squad (ATS) commandos in Saharanpur’s Deoband. According to sources, the government has already allotted over 2,000 square meters of land for establishing the ATS training centre in Deoband. Deoband is on the Uttaranchal and Haryana border and it is an important place to help us increase our depth, presence and operation efficiency in western parts of the state.

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Published On : August 19, 2021
A)
Neeraj Chopra
B)
Ravi Dahiya
C)
PV Sindhu
D)
Saikhom Mirabai Chanu

Correct Answer : Option (D) - Saikhom Mirabai Chanu

Note :

Direct selling FMCG firm Amway India on 17-08-2021 announced that it has appointed Olympian Saikhom Mirabai Chanu as the brand ambassador for Amway and its Nutrilite range of products. 
 
Chanu will spearhead the company’s campaigns focused on product ranges such as Nutrilite Daily, Omega and All Plant Protein among others. Chanu, a weightlifter, won the silver medal at the 2020 Tokyo Olympics in the women's 49kg category.

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Published On : August 19, 2021
A)
Aishwarya Rai
B)
Sonam Kapoor
C)
Anushka Sharma
D)
Priyanka Chopra

Correct Answer : Option (D) - Priyanka Chopra

Note :

On 17th August 2021, Actress-producer Priyanka Chopra Jonas has been appointed as the chairperson of the Jio Mumbai Academy of Moving Image (MAMI) Film Festival.
 
Priyanka Jonas will take place of Bollywood actress Deepika Padukone, who stepped down from the position in April 2021. MAMI’s Board of Trustees nominated Priyanka.

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Published On : August 19, 2021
A)
Piyush Goyal
B)
Nitin Gadkari
C)
Prakash Javadekar
D)
Nirmala Sitharaman

Correct Answer : Option (A) - Piyush Goyal

Note : The Union Minister of Commerce and Industry, Consumer Affairs, Food & Public Distribution and Textiles, Shri Piyush Goyal chaired the 5th BRICS Industry Ministers Meeting on August 18, 2021. India holds the Chairship of BRICS for 2021.

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Published On : August 19, 2021
A)
Indian Ocean
B)
South China Sea
C)
Pacific Ocean
D)
Andaman Sea

Correct Answer : Option (B) - South China Sea

Note :

In continuation with ongoing deployment of Indian Navy ships in the South China Sea, INS Ranvijay and INS Kora today undertook bilateral maritime exercise with Vietnam People’s Navy frigate VPNS Ly Thai To (HQ-012). The bilateral interaction aims to consolidate the strong bond shared by the two navies and would be another step towards strengthening India-Vietnam defence relations.
 
The Indian Naval ships arrived at Cam Ranh, Vietnam on 15th of this month for harbour phase which included professional interactions with VPN maintaining extant Covid-19 protocols. The sea phase included surface warfare exercises, weapon firing drills and helicopter operations. Regular interactions between the two navies over the years have enhanced their interoperability and adaptability. This has ensured a quantum jump in the complexity and scale of professional exchanges. This visit also holds special importance as Indian Naval ships celebrated the country’s 75th Independence Day in Vietnam.
 
Defence ties between the two countries have been robust. In June this year, the two countries undertook a defence security dialogue and Indian Naval ships have been frequently visiting Vietnamese Ports. Training cooperation between the two navies has been on the rise over the years.
 
INS Ranvijay is a guided-missile destroyer and the latest of the Rajput class. The ship was commissioned on 21st December 1987 and is equipped with an array of weapons and sensors which includes Surface to Surface Missile, Anti Air Missiles and guns, Heavy Weight Torpedoes, Anti Submarine Rockets and capable of carrying Anti Submarine Heli-copter (Kamov 28).  INS Ranvijay is in company with INS Kora which is the lead ship of Kora class missile corvette. The ship is fitted with Surface-to-Surface missiles and Anti Air Guns.

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Published On : August 19, 2021
A)
Kiren Rijiju
B)
Ramesh Pokhriyal
C)
Anurag Singh Thakur
D)
Prakash Javadekar

Correct Answer : Option (C) - Anurag Singh Thakur

Note : Union Minister of Youth Affairs and Sports Anurag Singh Thakur interacted with the World Youth Archery Championship winners during an event on T17-08-2021 and congratulated them for making the nation proud.

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Published On : August 19, 2021