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- Which ministry recently (in Aug ’22) developed the National Action for Mechanised Sanitation Ecosystem (NAMASTE) scheme along with the Ministry of Housing and Urban Affairs?
1) Ministry of Labour and Employment
2) Ministry of Rural Development
3) Ministry of Home Affairs
4) Ministry of Social Justice and Empowerment
5) Ministry of Panchayati RajAnswer-4) Ministry of Social Justice and Empowerment
Explanation:
National Action for Mechanised Sanitation Ecosystem (NAMASTE) is a Central Sector Scheme (CSS) of the Ministry of Social Justice and Empowerment (MoSJE), developed in collaboration with the Ministry of Housing and Urban Affairs (MoHUA).
i. NAMASTE envisions sanitation workers’ safety and dignity in urban India by developing an enabling ecosystem that honours sanitation workforce as major contributors to sanitation infrastructure operation and maintenance.
ii. This phase of NAMASTE will focus on 500 cities that will converge with Atal Mission for Rejuvenation and Urban Transformation (AMRUT) cities. - Which country recently (in Aug ‘22) conducted military exercise ‘Udarashakti’ along with India?
1) Bangladesh
2) Malaysia
3) Singapore
4) France
5) Sri LankaAnswer-2) Malaysia
Explanation:
India & Malaysia concluded the four-day military exercise ‘Udarashakti’, which was between the Indian Air Force (IAF) and the host country Royal Malaysian Air Force (RMAF). The exercise began on 16th august 2022 at the RMAF Air Base Kuantan, Malaysia.
i. Both the Air forces flew seven aircraft in formation during the ceremony.
ii. The Su-30 MKI and C-17 aircrafts from the IAF and Su-30 MKM aircraft from the Malaysian force participated in the air exercise. - __________ became the 1st Country to offer Period Products Free for All by passing a law, the Period Products (Free Provision) Act 2021.
1) Scotland
2) Spain
3) Germany
4) France
5) IrelandAnswer- 1) Scotland
Explanation:
The Scottish government became the 1st country in the world to legally protect the right to access free period products by passing a law, the Period Products (Free Provision) (Scotland) Act 2021 that came into force on 15th August 2022.
i. The Scottish government had already been investing funds since 2017 to provide free period products in educational institutions.
Note – New Zealand and Kenya distributes period products for free in public schools. - Which organisation was recently (in Aug ‘22) signed an MoU with J&K Grameen Bank to Finance 700 Joint Liability Groups (JLGs) in J&K & Ladakh?
1) Insurance Regulatory and Development Authority
2) Securities and Exchange Board of India
3) Reserve Bank of India
4) National Bank for Agriculture and Rural Development
5) Small Industries Development Bank of IndiaAnswer-4) National Bank for Agriculture and Rural Development
Explanation:
The National Bank for Agriculture and Rural Development (NABARD), Jammu & Kashmir (J&K) regional office and J&K Grameen Bank signed an MoU on promotion and financing of 700 Joint Liability Groups (JLGs) in the conference hall of NABARD, J&K Regional Office.
i. Objective – To enhance the flow of credit to tenant farmers, oral lessees, sharecroppers and such others and to meet the credit requirements of the lower strata of the society by formation and credit linkage of JLGs. - Name the Mutual Fund company that was recently (in Aug ‘22) India’s First Gold and Silver Fund Scheme.
1) HDFC Mutual Funds
2) Edelweiss Mutual Fund
3) Axis Mutual Funds
4) SBI Mutual Funds
5) ICICI Prudential Mutual FundAnswer- 2) Edelweiss Mutual Fund
Explanation:
Edelweiss Mutual Fund (MF), an Asset Management Company (AMC) launches Edelweiss Gold and Silver Exchange-Traded Fund (ETF) Fund of Fund, India’s first fund offer scheme that offers exposure to gold and silver through a single fund on 24th August 2022.
i. Edelweiss Gold and Silver ETF Fund of Fund is an open-ended Fund of Fund scheme investing in units of Gold ETF and Silver ETF.
ii. This new fund offer for Edelweiss Gold and Silver ETF Fund of Fund (FoF) will be open from 24th August 2022 to 7th September 2022. - In August 2022, ReNew Power raised a _________ project loan through External Commercial Borrowings (ECB) for Battery-Enabled Project.
1) USD 3 billion
2) USD 1 billion
3) USD 4 billion
4) USD 2 billion
5) USD 5 billionAnswer-2) USD 1 billion
Explanation:
Gurgaon based ReNew Power, has raised a USD 1 billion project loan through External Commercial Borrowings (ECB) in partnership with 12 international banks for the finance.
i. This is the single largest renewable energy project with 1,300 MW capacity with round-the-clock (RTC) power supply, battery enabled hybrid capacity.
ii. ReNew Power will use the funding of 1 billion for its upcoming hybrid battery-enabled RTC project. The project will provide power to SECI at Rs 2.90 per unit with 3 percent escalation annually for 15 years. - Which bank recently (in Aug ‘22) launched a special variant of debit card by celebrating Independence Day?
1) Canara Bank
2) Bank of India
3) Bank of Baroda
4) Indian Overseas Bank
5) Indian BankAnswer-4) Indian Overseas Bank
Explanation:
Indian Overseas Bank (IOB), a major Indian nationalised bank, has launched a special variant of debit card “IOB Rupay Select Card”, that can be used for domestic and International payments. The card was released on the occasion of the Independence Day at the Central Office Chennai, Tamil Nadu.
i. The Special variant card has been designed for high net-worth individual (HNI) customers. The initial providence of the card was received by 6 VIP customers of the Bank. - Which of the following Indian badminton players was ‘not’ appointed as the brand ambassadors of Mastercard in India?
1) PV Sindhu
2) Lakshya Sen
3) Kidambi Srikanth
4) Satwiksairaj Rankireddy
5) Chirag ShettyAnswer-1) PV Sindhu
Explanation:
Mastercard Inc. is an American multinational financial services corporation, has appointed Indian badminton players Lakshya Sen, Kidambi Srikanth, Satwiksairaj Rankireddy and Chirag Shetty as brand ambassadors of Mastercard in India.
About the Ambassadors:
Lakshya Sen and Kidambi Srikanth, won the First & Second Men’s Singles in the Thomas Cup 2022 while Satwiksairaj Rankireddy and Chirag Shetty won the First Doubles game.
Satwiksairaj Rankireddy and Chirag Shetty won the gold medal in the 2022 Commonwealth Games while Lakshya Sen won the gold medal in Men’s singles and Kidambi Srikanth won the bronze medal in the men’s singles. - Who was recently (in Aug ‘22) appointed as the Managing Director (MD) and Chief Executive Officer (CEO) of Bharti Airtel for the period of five years?
1) Balesh Sharma
2) Ravinder Takkar
3) Sushil Agarwal
4) Gopal Vittal
5) Akshaya MoondraAnswer-4) Gopal Vittal
Explanation:
Bharti Airtel’s (Airtel) shareholders have reappointed Gopal Vittal as the Managing Director (MD) and Chief Executive Officer (CEO) of Bharti Airtel for the span of five years with the effect from February 1, 2023 to January 31, 2028.
i. Gopal Vittal was also approved for the special resolution related to the payment of his remuneration as MD and CEO of the company with 89.57 per cent votes in favour and 10.42 per cent votes in against.
Note: Gopal Vittal was first appointed as CEO of Airtel on March 1, 2013, then he was re-appointed with effect from February 2018 for 5 years, (up to January 31, 2023). - When was World Sanskrit Day 2022 observed across the globe?
1) 16th August 2022
2) 13th August 2022
3) 15th August 2022
4) 12th August 2022
5) 14th August 2022Answer-4) 12th August 2022
Explanation:
World Sanskrit Day, also known as Vishva-Samskrita-dinam and Sanskrit Diwas, is annually observed on ‘Sawan Poornima’ to create awareness, promote and revive Sanskrit, one of the ancient Indian languages.
i. It is annually celebrated on Poornima day (Full Moon) of the Shraavana month in the Hindu calendar. World Sanskrit Day 2022 falls on 12th August 2022.
ii. The first World Sanskrit Day was observed in 1969.
Note- Sanskrit is already having a special status in India under Article 351 and Sanskrit was declared as a classical language in the year 2005.
- Which ministry recently (in Aug ’22) developed the National Action for Mechanised Sanitation Ecosystem (NAMASTE) scheme along with the Ministry of Housing and Urban Affairs?
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