Current Affairs Quiz for Bank Exams 2021: 28th August

Current Affairs 28th August 2021 Quiz

Here is the Current Affairs Quiz of 28th August covering the following topics Headlines: Greater Male Connectivity Project, PM SVANidhi Scheme, Ujjivan Small Finance Bank, ARMY-2021, EASE 3.0 award winners.

The Current Affairs section constitutes a major part of General Awareness section in a competitive examination and plays an instrumental role. To supplement your preparation for the General Awareness Section of the upcoming exams like IBPS PO/Clerk Mains, SBI PO Mains and SEBI Grade A Prelims, we are providing you Current Affairs Quiz of 28th August 2021 covering the following topics Headlines: Greater Male Connectivity Project, PM SVANidhi Scheme, Ujjivan Small Finance Bank, ARMY-2021, EASE 3.0 award winners.

Q1. The government has recently replaced the Unmanned Aircraft Systems (UAS) Rules, 2021 with liberalized Drone Rules, 2021. What is the maximum penalty for violation of liberalized Drone Rules, 2021?
(a) Rs 1 lakh
(b) Rs 2 lakh
(c) Rs 3 lakh
(d) Rs 4 lakh
(e) Rs 5 lakh

Q2. Which bank has topped the EASE Reforms Index Award 2021 (EASE 3.0 Awards)?
(a) Union Bank of India
(b) Bank of Baroda
(c) State Bank of India
(d) Indian Bank
(e) Canara Bank

Q3. RBI has recently announced to include the beneficiaries of which scheme from tier-1 and tier-2 centres under PIDF Scheme?
(a) PM Ujjwala Yojana
(b) Saubhagya Scheme
(c) PM KISAN
(d) PM SVANidhi Scheme
(e) PM Jan Dhan Scheme

Q4. Indian government has approved an increase in the family pension of bank employees to what percent of the last salary drawn?
(a) 40%
(b) 30%
(c) 20%
(d) 10%
(e) 50%

Q5. Carol Furtado has recently been named as the interim CEO of which bank?
(a) ESAF Small Finance Bank
(b) Equitas Small Finance Bank
(c) Ujjivan Small Finance Bank
(d) Utkarsh Small Finance Bank
(e) Kurmanchal Small Finance Bank

Q6. The International Military and Technical Forum ‘ARMY 2021’ has been organised in _______?
(a) Australia
(b) United States
(c) France
(d) India
(e) Russia

Q7. The Ministry of Finance has notified the Enhanced Access & Service Excellence, EASE-4.0 for 2021-22. What is the theme of the latest edition of EASE?
(a) Technology-enabled, simplified, and collaborative banking
(b) Smart, Tech-enabled Banking for Aspiring India
(c) CLEAN and SMART banking
(d) Roadmap for Banking of the Future
(e) Future of Digital Banking

Q8. Who is the author of the book ‘Accelerating India: 7 Years of Modi Government’?
(a) K. K. Shailaja
(b) Pinarayi Vijayan
(c) M. K. Stalin
(d) K J Alphons
(e) Urjit Patel

Q9. The Women Entrepreneurship Platform “WEP Nxt” has been launched by NITI Aayog in partnership with which company?
(a) IBM
(b) HCL
(c) Cisco
(d) Infosys
(e) TCS

Q10. How much amount has been approved by India as LoC to be funded for the Greater Male Connectivity project (GMCP) in Maldives?
(a) USD 300 million
(b) USD 400 million
(c) USD 200 million
(d) USD 100 million
(e) USD 500 million

Q11. RBI has extended the scope of tokenization to consumer devices like laptops, desktops, wearables, IoT devices, etc. The ultimate responsibility for the card tokenization services is rendered with _____________.
(a) Clearing Corporation of India Ltd.
(b) NPCI
(c) RBI
(d) Authorized card payment networks
(e) Indian Banking Association

Q12. Hitendra Dave has been appointed as the Chief Executive Officer (CEO) of which bank?
(a) Citibank India
(b) IndusInd Bank
(c) HSBC India
(d) DBS India
(e) IDBI Bank

Q13. Ted Dexter passed away recently. He was the former captain of which country’s cricket team?
(a) New Zealand
(b) Australia
(c) West Indies
(d) South Africa
(e) England

Q14. Every year ________________ is celebrated as the International Dog Day.
(a) 25 August
(b) 26 August
(c) 27 August
(d) 28 August
(e) 29 August

Q15. The International Military-Technical Forum ARMY 2021 is which edition of the annual event?
(a) 7th
(b) 5th
(c) 4th
(d) 8th
(e) 10th

Solutions

S1. Ans.(a)
Sol. Ministry of Civil Aviation has repealed the Unmanned Aircraft Systems (UAS) Rules, 2021 and replace the same with the liberalized Drone Rules, 2021. Maximum penalty for violations reduced to INR 1 lakh.

S2. Ans.(c)
Sol. State Bank of India is the Overall winner of the EASE Reforms Index Award 2021 (EASE 3.0 Awards). Bank of Baroda is second and Union Bank of India is third.

S3. Ans.(d)
Sol. The Reserve Bank of India has announced to include street vendors of tier-1 and tier-2 centres, identified as part of the PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi Scheme) as beneficiaries under the Payments Infrastructure Development Fund (PIDF) Scheme.

S4. Ans.(b)
Sol. Central Government has approved the Indian Banks’ Association’s (IBA) proposal to increase the family pension to 30% of the last salary drawn.

S5. Ans.(c)
Sol. Ujjivan Small Finance Bank has named Carol Furtado as the interim CEO of the bank after the whole time CEO Nitin Chugh resigned recently.

S6. Ans.(e)
Sol. The International Military and Technical Forum ‘ARMY 2021’ has been organised in Moscow, Russia from August 22 to 28, 2021, at Patriot Expo, Kubinka Air Base and Alabino military training grounds.

S7. Ans.(a)
Sol. The major theme for EASE 4.0 is “Technology-enabled, simplified, and collaborative banking.” EASE stands for Enhanced Access & Service Excellence (EASE).

S8. Ans.(d)
Sol. Prime Minister, Shri Narendra Modi received a book titled ‘Accelerating India: 7 Years of Modi Government’, on August 26, 2021, by former Union Minister, Shri K J Alphons.

S9. Ans.(c)
Sol. NITI Aayog in partnership with Cisco has launched the next phase of the Women Entrepreneurship Platform (WEP) titled “WEP Nxt” to foster women entrepreneurship in India.

S10. Ans.(b)
Sol. The USD 400 million LoC will be provided by Export-Import Bank of India (Exim Bank). The project will be developed by Indian construction and engineering firm, AFCONS, based in Mumbai, Maharashtra.

S11. Ans.(d)
Sol. Now RBI has extended the scope of tokenization to include consumer devices – laptops, desktops, wearables (wrist watches, bands, etc.), Internet of Things (IoT) devices, etc. The ultimate responsibility for the card tokenization services rendered rests with the authorized card networks.

S12. Ans.(c)
Sol. The Reserve Bank of India (RBI) has approved the appointment of Hitendra Dave as the Chief Executive Officer (CEO) of HSBC India.

S13. Ans.(e)
Sol. Former England and Sussex captain Ted Dexter has passed away. Dexter, nicknamed “Lord Ted”, was an aggressive batsman and part-time seam bowler who played 62 tests for England after making his debut in 1958 against New Zealand and was captain between 1961-1964.

S14. Ans.(b)
Sol. Every year on August 26 is celebrated as the International Dog Day. In some countries this day is also called National Dog Apriation Day.

S15. Ans.(a)
Sol. The ARMY 2021 is the 7th edition of the annual International Military-Technical Forum.

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