MCQ on Important Daily Current Affairs of 5th August 2021
In this article, we will discuss MCQ on important current affairs of 5th August 2021 and their answers with explanations.
QUESTIONS
1. Australian startup “After Pay”, which started 7 years ago, has recently been sold for how much Billion Dollars?
A. 9 Billion Dollars
B. 19 Billion Dollars
C. 29 Billion Dollars
D. 39 Billion Dollars
2. Power Grid Corporation of India has successfully commissioned how many kilometers of transmission line in the Aryan Valley of Ladakh?
A. 10 Kilometers
B. 20 Kilometers
C. 30 Kilometers
D. 40 Kilometers
3. The United Nations General Assembly has approved a proposal to establish a permanent forum of people of which origin?
A. American Origin
B. Indian Origin
C. Australian Origin
D. African Origin
4. For the financial year 2021-2022, the central government has reduced the target of Mudra loan to how many lakh crore rupees?
A. 1 Lakh Crore Rs
B. 2 Lakh Crore Rs
C. 3 Lakh Crore Rs
D. 4 Lakh Crore Rs
5. Which of the following cabinet has approved the Medical Oxygen Production Promotion Policy?
A. UP Cabinet
B. Kerala Cabinet
C. Gujarat Cabinet
D. Delhi Cabinet
6. Recently who has passed the Essential Defense Services Bill-2021?
A. Lok Sabha
B. Rajya Sabha
C. NITI Aayog
D. Supremecourt
7. Indian female boxer Lovlina Borgohain has won bronze medal in how many kg category in Tokyo Olympics 2020?
A. 52 Kg Category
B. 58 Kg Category
C. 69 Kg Category
D. 72 Kg Category
8. The Union Cabinet has approved the MoU signed between the Indian Institute of Space Science and Technology and whom?
A. California University of Technology
B. Texas University of Technology
C. Deft University of Technology
D. London University of Technology
9. Who has been appointed as Lokayukta in Mumbai?
A. V M Kanade
B. B S Koshyari
C. Vinod Karaskar
D. Kapil Vengaskar
10. Who have been conferred with the Prof. CR Rao Centenary Gold Medal?
A. Jagdish Bhagwati
B. C Rangarajan
C. Both A and B
D. None of these
11. The 12th edition of DefExpo 2022 will be held at ___________.
A. Gandhinagar
B. Ahmadabad
C. Hyderabad
D. Amravati
12. Which bank has been named as the winner for the ‘Most Innovative in Digital Banking 2021’ award?
A. HSBC Bank
B. DBS Bank
C. Axis Bank
D. HDFC Bank
13. Who has been roped in as the first Brand Ambassador of HomeLane?
A. Virat Kohli
B. Yuvraj Singh
C. Jaspreet Bumrah
D. MS Dhoni
14. Which state government has launched ‘Har Hith store’ scheme for employment generation?
A. Punjab
B. Telangana
C. Haryana
D. Gujarat
15. Who has been appointed as the Managing Director of LIC?
A. Mini Ipe
B. Sarita Gupta
C. Geeta Arora
D. Pinki Basra
16. Which bank has been recently authorized by the RBI to act as ‘Agency Bank’?
A. Fino Bank
B. Ujjivan Bank
C. Sarvoday Bank
D. IndusInd Bank
17. Italian luxury brand, Bvlgari has appointed _____________ as its Global Brand Ambassador.
A. Katrina Kaif
B. Nora Fatehi
C. Priyanka Chopra
D. Kareena Kapoor
ANSWERS
1. C
Australian startup “After Pay”, which started 7 years ago, has recently been sold for $29 billion and has been bought by Twitter CEO Jack Dorsey’s company “Square”. “After Pay” gives the facility of Buy Now and Pay Later, due to this feature, it became so popular that crores of people have started using it.
2. D
Power Grid Corporation of India has recently successfully commissioned 40 Kilometers of transmission line in the Aryan Valley of Ladakh. Due to which all the villages of Aryan Valley of Kargil district are now connected to the National Grid through 220 KV Srinagar-Leh transmission lines.
3. D
The United Nations General Assembly has recently approved a proposal to establish a permanent forum of people of African descent. This permanent forum will provide expert advice on addressing the challenges of racism, xenophobia, racial discrimination and intolerance.
4. C
The central government has recently reduced the target of Mudra loan to Rs 3 lakh crore for the financial year 2021-2022 under PM Mudra Yojana. Which was earlier Rs 3.21 lakh crore. Under this scheme loans up to Rs 10 lakh are given by banks and non-banking financial companies to small business units for entrepreneurial activities.
5. D
To promote medical oxygen production and encourage private sector to invest in production plants, tankers and storage facilities for medical oxygen, the Delhi cabinet has approved its policy. given. It will also help in improving the availability of oxygen in Delhi.
6. A
Lok Sabha has recently passed the Essential Defense Services Bill-2021 to prevent workers of state-owned ordnance factories from going on strike to protest the corporatisation of units. The Bill also prohibits strikes and lockouts in industrial establishments or units engaged in essential defense services.
7. C
Indian women’s boxer Lovlina Borgohain has won bronze medal in 69 Kg Category in Tokyo Olympics 2020. He had to face defeat at the hands of world champion boxer Busenaz Surmenelli in the semi-final match. Lovlina Borgohain achieved this feat by defeating former champion Nien Chin Chen 4-1 in the quarterfinal match.
8. C
The Union Cabinet has recently approved the MoU signed between the Indian Institute of Space Science and Technology (IIST) and Daft University of Technology. Under which academic programs and research work of students and faculty members associated with every institute will be completed.
9. A
Retired Justice V M Kanade has been appointed as Lokayukt in Mumbai. He will succeed Retired Justice M L Tahaliyani who superannuated in August, 2020.
10. C
Renowned economists, C Rangarajan and Jagdish Bhagwati have been conferred with the inaugural Professor CR Rao Centenary Gold Medal. C Rangarajan has also served as the Chairman of the Economic Advisory Council of the Prime Minister as well as the Governor of RBI.
11. A
The 12th edition of DefExpo 2022 will be held at Gandhinagar, Gujarat. The biennial event has been scheduled from 11th to 13th March, 2022. It will be organized by the Union Ministry of Defense.
12. B
DBS Bank has been named as the winner for the ‘Most Innovative in Digital Banking 2021’ award. The award has been conferred by Financial Times publication- ‘The Banker’.
13. D
Mahendra Singh Dhoni has been roped in as the first Brand Ambassador of HomeLane. The home interiors company has signed a 3-year contract where the former Indian skipper will also act as equity partner.
14. C
Government of Haryana has launched ‘Har Hith store’ scheme for providing self-employment opportunities to the youth across the state. Under the scheme, a chain of grocery stores will be opened by the state government for providing employment and quality products across the state.
15. A
Mini Ipe has been appointed as the Managing Director of Life Insurance Corporation of India (LIC). Mini Ipe has been associated with LIC since 1986.
16. D
IndusInd Bank has been recently authorized by the RBI to act as ‘Agency Bank’. This will fulfill the eligibility of the bank to carry out transactions related to all sorts of state-sponsored businesses.
17. C
Italian luxury brand,Bvlgari has appointed Priyanka Chopra as its Global Brand Ambassador. She will be a part of the promotion campaign for Bvlgari’s Roman jewelry collection.
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