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Current Affairs Quiz: 17 August 2023

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AffairsCloud brings you the complete and important daily Current Affairs Quiz 17 August 2023 to achieve more marks in Banking, Insurance, UPSC, SSC, CLAT, Railways and all other competitive Exams. We have prepared the current affairs quiz question from our daily current affairs 2023 updates.

Our Current Affairs August 2023 events will help you to get more marks in Banking, Insurance, SSC, Railways, UPSC, CLAT and all State Government Exams. Also, try our Current Affairs Quiz.

    1. In August 2023, Pension Fund Regulatory and Development Authority(PFRDA) in coordination with the __________ (Statutory Body/Ministry) has integrated the National Pension System (NPS) Statement of Transaction (SoT) with the Consolidated Account Statement (CAS).
      1) Ministry of Home Affairs
      2) Reserve Bank of India
      3) Securities and Exchange Board of India
      4) Insurance Regulatory and Development Authority
      5) Employees’ Provident Fund Organisation
      Answer-3) Securities and Exchange Board of India
      Explanation:
      Pension Fund Regulatory and Development Authority (PFRDA) in coordination with the Securities and Exchange Board of India (SEBI) has integrated the National Pension System (NPS) Statement of Transaction (SoT) with the Consolidated Account Statement (CAS).
      i. Now, PFRDA has enabled Central Record Keeping Agencies (CRAs) to integrate with depositories registered with SEBI to provide NPS Subscribers with the option to include NPS transactions in CAS.
      ii. The facility to include NPS SoT in CAS will be available to NPS subscribers on consent basis.

    2. In August 2023, Zerodha Broking Limited received final approval from Securities and Exchange Board of India (SEBI) to launch an Asset Management Company (AMC) – Zerodha Asset Management Private Limited called as “Zerodha Fund House”.
      Who has been appointed as the Chief Executive Officer (CEO) of Zerodha Fund House?

      1) Seema Patil
      2) Nikhil Kamath
      3) Shrikant Pandit
      4) Vishal Jain
      5) Vasanth Kumar Jayapal
      Answer-4) Vishal Jain
      Explanation:
      Zerodha Broking Limited (Zerodha) has received final approval from Securities and Exchange Board of India (SEBI) to launch an Asset Management Company (AMC) – Zerodha Asset Management Private Limited called as “Zerodha Fund House”.
      • Zerodha Fund House is the joint venture (JV) of Zerodha with Smallcase Technologies Private Limited(smallcase), a fintech platform.
      i. Vishal Jain has been appointed as the Chief Executive Officer(CEO) of Zerodha Fund House. Previously, He headed the Exchange-Traded Funds (ETFs) division of Nippon Life India Asset Management Ltd.
      ii. SEBI new timeline for the exit option window period given to the mutual fund unitholders in the event of a change in the control of an AMC.
      iii. Under the new guidelines, the change in control of the AMC will require the unitholders of the MF to be granted the choice of exiting at the prevailing Net Asset Value (NAV), devoid of any exit load, within a span of 15 calendar days from the date of communication (earlier it was 30 days).

    3. Name the company that has recently (in August ‘23) unveiled its new logo ‘The Vista’ at the rebranding event held in New Delhi, Delhi.
      1) Air India
      2) IndiGo
      3) Go First
      4) SpiceJet
      5) Akasa Air
      Answer-1) Air India
      Explanation:
      On 10th August 2023, Air India, Tata Group-owned airline unveiled its new logo, branding, and plane livery at the rebranding event held in New Delhi, Delhi.
      • The new logo called ‘The Vista’ was inspired by the peak of the gold window frame that signifies the limitless possibilities, progressiveness, and Air India’s bold, confident outlook for the future.
      • The Vista replaces the old logo “Wheel of Konark”, a red swan adorned with the distinctive orange Konark Chakra.
      • Air India’s new aircraft livery and design features a palette of deep red, aubergine, and gold highlights and a chakra-inspired pattern.
      • The rebranding of Air India gained momentum following its acquisition by the Tata Group. Tata Sons, via its fully owned subsidiary, Talace Private Limited (“Talace”), acquired a 100% stake in Air India on 27th January 2022.

    4. In August 2023, the Union Home Minister’s Medal for Excellence in Investigation, 2023 was awarded to _____________ Police Personnel, in recognition of their outstanding service in the investigation.
      1) 110
      2) 120
      3) 140
      4) 100
      5) 135
      Answer-3) 140
      Explanation:
      On 12th August 2023, the “Union Home Minister’s Medal for Excellence in Investigation, 2023” was awarded to 140 Police Personnel, in recognition of their outstanding service in the investigation.
      i. Among the 140 personnel, 15 are from the Central Bureau of Investigation (CBI), 12 are from the National Investigation Agency (NIA), and 2 are from Narcotics Control Bureau (NCB), and so on.
      ii. This medal was constituted in 2018, with the objective to promote high professional standards of investigation of crime and recognize such Excellence in Investigation.
      iii. Union Home Minister’s Medal for Excellence in Investigation is an annual medal, instituted by the Ministry of Home Affairs (Government of India) to the members of Central Investigating Agencies and State/UT Police Investigating Agencies for excellence in investigation.

    5. The National Automated Fingerprint Identification System (NAFIS) team of ____________ (Government agency) has recently (in August ‘23) won the Gold Award under the Excellence in Government Process Reengineering for Digital Transformation Category-1 of the Department of Administrative Reforms and Public Grievances (DARPG), Ministry of Personnel, Public grievances and Pensions.
      1) National Investigation Agency
      2) Central Bureau of Investigation
      3) Narcotics Control Bureau
      4) Intelligence Bureau
      5) National Crime Records Bureau
      Answer-5) National Crime Records Bureau
      Explanation:
      The National Automated Fingerprint Identification System (NAFIS) team of the National Crime Records Bureau (NCRB) won the Gold Award under the Excellence in Government Process Reengineering for Digital Transformation Category-1 of the Department of Administrative Reforms and Public Grievances (DARPG), Ministry of Personnel, Public grievances and Pensions.
      i. The award recognised the dedication of the NAFIS team in creating a fool-proof fingerprint identification system.
      ii. MoHA provided NAFIS devices to all Districts, Police Commissionerates, Central and State Fingerprint Bureaus, and Central agencies like the National Investigation Agency (NIA), Central Bureau of Investigation (CBI), and Narcotics Control Bureau (NCB).

    6. Which country has recently (in August ‘23) appointed Anwaar-ul-Haq Kakar as the 8th Caretaker Prime Minister(PM)?
      1) Israel
      2) Pakistan
      3) Türkiye
      4) Bangladesh
      5) United Arab Emirates
      Answer-2) Pakistan
      Explanation:
      On 14th August 2023, Anwaar-ul-Haq Kakar became the 8th Caretaker Prime Minister(PM) of Pakistan following the dissolvement of Former PM Shehbaz Sharif government.
      i. He was administered oath of the office by President Arif Alvi in a ceremony held at the Aiwan-i-Sadr (the President House) in Islamabad, Pakistan.
      ii. He will lead the Pakistan government until the formation of the next elected government.

    7. Who has been recently (in August ‘23) appointed as the Managing Director (MD) of the Life Insurance Corporation of India (LIC)?
      1) Anil Kumar
      2) Vinod Kumar Verma
      3) R Doraiswamy
      4) Siddhartha Mohanty
      5) M.Jagannath
      Answer-3) R Doraiswamy
      Explanation:
      The Government of India(GoI) have appointed R Doraiswamy as Managing Director (MD) of the Life Insurance Corporation of India (LIC) with effect from the date of assumption of charge of the office on or after September 1, 2023, and upto the date of his superannuation (August 31, 2026) or until further orders, whichever is earlier.
      i. R Doraiswamy is currently the Executive Director (Information Technology (IT)/Software Development (SD)), at the LIC central office in Mumbai, Maharashtra.
      ii. He will replace Mini Ipe, one of the current MDs of LIC, who is set to retire at the end of August 2023.

    8. In August 2023, Padma Bhushan Awardee & Founder of Sulabh International Social Service Organisation, Dr Bindeshwar Pathak, passed away.
      In Which year did he receive the Padma Bhushan Award in the field of social service?

      1) 1991
      2) 2008
      3) 1995
      4) 2000
      5) 1997
      Answer-1) 1991
      Explanation:
      On 15th August 2023, Padma Bhushan Awardee, Dr Bindeshwar Pathak, a renowned Social activist and the Founder of Sulabh International Social Service Organisation, passed away at the age of 80 in New Delhi, Delhi. He was born on 2nd April 1943, in Rampur Baghel village in the Vaishali district of Bihar.
      • He is a pioneer of Public toilets in India who is known as the “Toilet Man of India”.
      • In 1991, he was awarded the Padma Bhushan for his distinguished social service.
      • In 2003, he was honoured with the UN-Habitat Scroll of Honour 2003 Award and also received the United Nations Environment Programme (UNEP) Global 500 Scroll of Honour Award.
      • In 2009, he won the Stockholm Water Prize, conferred by the Royal Swedish Academy of Sciences.
      • In 2016, he received the World Health Organisation (WHO) Public Health Champion Award.
      • Books: His notable works include: The Making of Legend: Narendra Damodar Das Modi (2017); New Princesses of Alwar Shame To Pride (2009); Road to Freedom (2000) and so on.

    9. When was the Partition Horrors Remembrance Day/Vibhajan Vibhishika Smriti Diwas 2023 observed across India?
      1) 16th August 2023
      2) 13th August 2023
      3) 15th August 2023
      4) 12th August 2023
      5) 14th August 2023
      Answer-5) 14th August 2023
      Explanation:
      The 3rd Partition Horrors Remembrance Day or Vibhajan Vibhishika Smriti Diwas 2023 was observed across India on 14th August 2023 to remember the struggles and sacrifices during the partition of India into India and Pakistan in 1947.
      i. The first ever Partition Horrors Remembrance Day was observed on 14th August 2021.
      • The Partition of India was rooted in the demand for a separate country for Muslims, led by Muhammad Ali Jinnah and the Muslim League.
      • In 40 days, the British judge Cyril Radcliffe drew revised boundaries on either side of the Indian subcontinent.
      • The Partition of India was announced by Lord Louis Mountbatten on June 3, 1947 who assumed the role of the last viceroy of India on 24 March 1947.

    10. Which state government has recently (in August ‘23) launched the Gramin Mitra scheme to provide doorstep delivery of government services across the state & promote digital empowerment in rural areas?
      1) Maharashtra
      2) Goa
      3) Karnataka
      4) Andhra Pradesh
      5) Telangana
      Answer-2) Goa
      Explanation:
      Pramod Sawant, Chief Minister (CM) of Goa, launched Gramin Mitra, the flagship scheme of the Government of Goa to provide doorstep delivery of government services across the state and promote digital empowerment in rural areas at an event held at the Durbar Hall, Raj Bhavan in Goa.
      i. The scheme will play an important role to bridge the digital gap between Rural and Urban Areas. The initiative is piloted by the Department of Information Technology (IT), Electronics, and Communication (E&C) (DITE&C).
      ii. Goa is the first state to offer doorstep delivery of government services through the Gramin Mitra Scheme for village-level entrepreneurs.