29August MCQ : Current Affairs Quiz 29August 2023
In this article, we will discuss all the important Current Affairs MCQs of 29 August with full explanations. Where we will discuss the daily current affairs quiz’s questions and answers. So read all the important 29 August MCQs carefully.
Current Affairs Quiz / 29 August MCQ Current Affairs
29 August Current Affairs MCQ – Questions
1. Which regional football tournament did Sri Lanka miss due to the ban imposed by FIFA?
(a) FIFA World Cup
(b) UEFA European Championship
(c) Copa America
(d) SAFF Championship 2023
2. In the context of the leadership transition at Reliance Industries, what role will Nita Ambani play after stepping down from the company’s board?
(a) She will no longer be associated with Reliance Foundation.
(b) She will continue to serve as the Chairperson of the Reliance Industries Board.
(c) She will retain her role as a non-executive director on the company’s board.
(d) She will remain the Founder and Chairperson of Reliance Foundation and maintain a connection to the RIL Board.
3. What is the primary function of ISRO’s innovative device ‘Nabhmitra’ developed for fishermen’s safety?
(a) Providing navigational assistance for fishing boats.
(b) Enhancing communication between fishing boats and maritime authorities.
(c) Offering real-time weather updates for fishing expeditions.
(d) Assisting in the identification of different fish species.
4. Umesh Revankar has been appointed as the Chairman of Finance Industry Development Council (FIDC) due to:
(a) His experience in the automotive industry.
(b) His role as an executive trainee.
(c) His expertise in the financial services sector.
(d) His educational background in business administration.
5. What is the title of the newly introduced chapter in the class 7th English Textbook by NCERT?
(a) Honoring Our Freedom Fighters
(b) A Tribute to National Monuments
(c) Soldiers’ Stories in History
(d) A Homage to Our Brave Soldiers
6. For how long will IDFC Bank hold the title rights for the home international series of BCCI?
(a) 1 year
(b) 2 years
(c) 3 years
(d) 4 years
7. Which edition of the Know India Programme (KIO) does the event mark?
(a) 65th
(b) 66th
(c) 67th
(d) 68th
8. What was the percentage decline in Foreign Direct Investment (FDI) inflows into India during the first quarter of the fiscal year 2023-24?
(a) 22%
(b) 25%
(c) 55%
(d) 34%
9. What is the National Sports Day celebrated?
(a) 23rd August
(b) 25th August
(c) 27th August
(d) 29th August
10. What is the name of the initiative under which the postage stamp was unveiled?
(a) Stamp Legacy Project
(b) My Stamp Initiative
(c) Postage Memory Initiative
(d) Philately Remembrance
11. What significant step has Mukesh Ambani, the chairman of Reliance Industries, taken to ensure a smooth leadership transition within the organization?
(a) Appointing new executive directors from external candidates.
(b) Transitioning the leadership to a consortium of industry experts.
(c) Appointing his three children to the company’s board.
(d) Introducing a new management structure with multiple CEOs.
12. Who represented the Maharashtra Government during the signing ceremony of the memorandum of understanding (MoU) with Bundesliga?
(a) Suhas Diwas
(b) Julia Farr
(c) Ranjitsinh Deol
(d) Peter Leible
13. What is the main objective of the Customer Service Point (CSP) functionally introduced by SBI?
(a) Enhancing mobile banking services
(b) Providing virtual customer support
(c) Enrolling customers in social security schemes
(d) Offering personalised financial advice
14. Apart from being appointed as the Chairman of FIDC, Umesh Revankar holds other roles within the Shriram Group, including:
(a) CEO of Shriram Transport Finance.
(b) Director of Shriram Automall India Limited.
(c) Chairman of Shriram Life Insurance.
(d) CFO of Shriram General Insurance.
15. Which political party did N T Rao establish and represent during his tenure as Chief Minister of the United Andhra Pradesh?
(a) Indian National Congress
(b) Telugu Desam Party
(c) Bharatiya Janta Party
(d) Communist Party of India
29 August MCQs – Answers
1. (d)
The ban had unfortunate consequences, as Sri Lanka’s football team was unable to participate in the SAFF Championship 2023 held in July.
2. (c)
The Maharashtra government was represented by Ranjitsinh Deol, Principal Secretary of the Department of School Education and Sports, along with Suhas Diwas, Commissioner of Sports and Youth Services during the signing ceremony of the memorandum of understanding (MoU) with Bundesliga.
3. (b)
The primary function of ISRO’s innovative device ‘Nabhmitra’ is to enhance communication between fishing boats and maritime authorities. It operates using advanced satellite communication technology, enabling seamless two-way messaging. This technology greatly improves communication channels and safety measures for fishermen during their sea expeditions.
4. (c)
Umesh Revankar has been appointed as the Chairman of FIDC due to his extensive experience and profound expertise in the financial services sector. This recognition of his expertise aligns with his long and impactful career in the financial industry.
5. (d)
NCERT has taken a significant step towards fostering patriotism and inculcating core values in school children by introducing a new chapter in the Class 7 English textbook. The chapter, titled “A Homage to Our Brave Soldiers,” revolves around the National War Memorial and its profound significance in the history of India.
6. (c)
IDFC First Bank has grabbed the title rights for the home international series of the Board of Control for Cricket in India (BCCI) for three years.
7. (c)
The event organized on 28th August in New Delhi marks the 67th edition of the Know India Programme (KIP), evidence of the sustained commitment of the Ministry of External Affairs to connect with the Indian diaspora youth.
8. (d)
The government reveals a noteworthy decline of 34% in Foreign Direct Investment (FDI) inflows into India during the first quarter of the fiscal year 2023-24.
9. (d)
The National Sports Day 2023 in India is celebrated on 29 August 2023.
10. (b)
Draupadi Murmu unveiled a postage stamp in memory of Dadi Prakashmani under the ‘My Stamp’ initiative of the Department of Posts, Ministry of Communications.
11. (c)
Mukesh Ambani has initiated a strategic succession plan by appointing his three children, Isha Ambani, Akash Ambani, and Anant Ambani, as non-executive directors on the company’s board. This move aims to ensure a seamless transition of leadership within Reliance Industries.
12. (d)
After stepping down from the Reliance Industries Board, Nita Ambani will continue to serve as the Founder and Chairperson of Reliance Foundation, the company’s philanthropic arm. She will also have a permanent invitee status at RIL Board meetings, allowing her insights and advice to contribute to the company’s growth.
13. (c)
The State Bank of India (SBI) has introduced an innovative Customer Service Point (CSP) whose functionality allows customers to seamlessly enroll in essential social security schemes using just their Aadhaar cards.
14. (b)
Apart from being appointed as the Chairman of FIDC, Umesh Revankar is also a Director for multiple companies within the Shriram Group, including Shriram Automall India Limited, Shriram General Insurance, and Shriram Life Insurance. This highlights his diverse roles and contributions within the group.
15. (b)
N T Rao represented the Telugu Desam Party (TDP), an entity he established in 1982.
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