MCQ on Important Daily Current Affairs of 21st August 2021
In this article, we will discuss MCQ on important current affairs of 21st August 2021 and their answers with explanations.
QUESTIONS
1. Neo Collections is a DIY Digital Repayment platform launched by which bank?
A) Yes Bank
B) HDFC Bank
C) UCO Bank
D) Kotak Mahindra Bank
2. PM Narendra Modi recently inaugurated several projects related to Somnath Temple. In which state is the historic temple located?
A) Gujarat
B) Madhya Pradesh
C) Uttar Pradesh
D) Maharashtra
3. The World Senior Citizen Day is marked every year on which day?
A) 20 August
B) 21 August
C) 22 August
D) 23 August
4. Name the bank in UAE with which NPCI International Payments Ltd (NIPL) has tied up to launch the UPI facility in UAE?
A) Dubai Islamic Bank
B) Union National Bank
C) Mashreq Bank
D) Emirates NBD
5. Amazon has appointed which Indian celebrity to lend voice for Alexa?
A) Shatrughan Sinha
B) Rajinikanth
C) Shahrukh Khan
D) Amitabh Bachchan
6. The ‘Small Business Loans Initiative’ has been unveiled in India by which of these companies in collaboration with Indifi?
A) Facebook
B) Amazon
C) Google
D) Flipkart
7. The International Day of Remembrance and Tribute to the Victims of Terrorism is celebrated on which day of the year?
A) 20 August
B) 21 August
C) 19 August
D) 18 August
8. Which company has emerged as the world’s most valuable company in Hurun’s 2021 Global 500 Most Valuable Companies?
A) Amazon
B) Facebook
C) Apple
D) Microsoft
9. Who has been roped in as the chairman of the committee formed by government to double and quadruple the exports of handlooms in 3 years?
A) Dinesh Bhargav
B) Sunil Sethi
C) Anamika Khanna
D) Ashish Soni
10. Reliance Industries is the top Indian company in Hurun Global 500 Most Valuable Companies list 2021, ranked at 57 spot. How many Indian companies are there on the list?
A) 15
B) 6
C) 9
D) 12
11. Shanti Lal Jain has been appointed as the MD and CEO of which bank?
A) Indian Bank
B) UCO Bank
C) ICICI Bank
D) Canara Bank
12. The Sanskrit Week is being observed from _______ in 2021 in India
A) August 21 to August 27
B) August 15 to August 21
C) August 19 to August 25
D) August 17 to August 23
13. Name the External Affairs Minister of India, who has recently announced the launch of “UNITE Aware” technology to help protect UN peacekeepers?
A. Anil Bejal
B. Rajnath Singh
C. Piyush Goyal
D. S. Jaishankar
14. In which sea maritime exercise has been conducted between Indian Navy and Vietnam People’s Navy?
A. Arabian Sea
B. South China Sea
C. The Dark Ocean
D. Red Sea
15. Name the Chairman of the 15th Finance Commission who has been recently elected as the new President of the Institute of Economic Growth Society?
A. Sanjay J Mahta
B. N. K. Singh
C. V. Key Ahluwalia
D. Sanjit Ji Singh
16. Asian Development Bank and India have signed how much million dollar loan agreement for Bengaluru Metro?
A. 200 Million Dollars
B. 300 Million Dollars
C. 400 Million Dollars
D. 500 Million Dollars
17. Defence Minister Rajnath Singh has recently launched which edition of Defense India Startup Challenge?
A. 5th edition
B. 7th Edition
C. 8th edition
D. 12th edition
18. Who has recently developed an “Advanced Chaff Technology” to protect Indian Air Force fighter jets from missile attacks?
A. ISRO
B. DRDO
C. UNESCO
D. NASA
19. Which of the following country has recently approved three children policy?
A. Japan
B. India
C. China
D. America
20. What is the rank of India in terms of crypto adoption?
A) 1st
B) 2nd
C) 3rd
D) 4th
ANSWERS
1. 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. 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. 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. 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. D
Amitabh Bachchan has become India’s First Celebrity to lend his voice for Amazon’s Alexa. His voice will be available both in English and Hindi language.
6. A
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.
7. 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.
8. C
Apple is the world’s most valuable company (USD 2,443 billion) according to the Hurun Global 500 Most Valuable Companies list 2021.
9. B
Government of India has constituted an 8-member Committee with an aim of doubling the production and quadrupling the exports of handlooms in 3 years. Shri Sunil Sethi, Chairman of Fashion Design Council of India (FDCI) New Delhi, is the Chairman of the committee.
10. D
Reliance Industries (USD 188 billion) ranked at 57 is the top Indian company in the list. There are total 12 Indian companies in this list.
11. 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.
12. C
In 2021, India is observing the Sanskrit Week from August 19 to August 25, 2021.
13. D
External Affairs Minister of India S. Jaishankar has recently announced the launch of “UNITE Aware” technology to help protect UN peacekeepers at the UN’s Fourth Headquarters in New York.
14. B
Indian Navy and Vietnam People’s Navy have recently conducted maritime exercise in South China Sea in which INS Rannvijay and INS Kora participated from Indian side while from Vietnam. , the frigate VPNS Ly Thai To (HQ-012) has participated.
15. B
Chairman of the 15th Finance Commission NK. Singh has recently been elected as the new President of the Institute of Economic Growth Society. He replaced former Prime Minister Dr. Manmohan Singh who was the President of IEG since 1992. His name was recommended by Dr. Manmohan Singh.
16. D
Asian Development Bank and India have recently signed a $500 million loan agreement to expand the metro rail network in Bengaluru. Under which two new metro lines of 56 km will be constructed.
17. A
Defense Minister of India Rajnath Singh has recently launched the 5th edition of Defense India Startup Challenge under the Defense Innovation Organization for Innovation for Defense Excellence to DISC. This will lead to achieving self-reliance and promoting innovation and technology development in the defense and aerospace sectors.
18. B
Defense Research and Development Organization (DRDO) has recently developed an “Advanced Chaff Technology” to protect Indian Air Force fighter jets from missile attack. This technology will be used to deflect enemy radar-guided missiles.
19. C
China has recently approved a three-child policy, allowing couples to have three children. The purpose of this policy is to stop the rapidly decreasing birth rate. The policy makers attributed the one-child policy to tackle the demographic crisis in the country.
20. B
India has ranked second in terms of crypto adoption worldwide behind Vietnam, but ahead of countries such as the US, UK, and China, according to the 2021 Global Crypto Adoption Index by blockchain data platform Chainalysis.
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