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Current Affairs Quiz: 9 August 2022

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AffairsCloud brings you the complete and important daily Current Affairs Quiz 9 August 2022  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 2022 updates.

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    1. The Ministry of Civil Aviation recently (in Aug ‘22) Flagged off the 1st Flight of Akasa Air from Mumbai, Maharashtra to __________.
      1) Bengaluru, Karnataka
      2) Hyderabad, Telangana
      3) New Delhi, Delhi
      4) Ahmedabad, Gujarat
      5) Noida, Uttar Pradesh
      Answer- 4) Ahmedabad, Gujarat
      Explanation:
      The Union Minister Jyotiraditya Madhavrao Scindia, Ministry of Civil Aviation (MoCA), along with MoCA Minister of State (MoS) General Vijay Kumar Singh (Retd.) virtually flagged off the first flight of Akasa Air between Mumbai (Maharashtra)-Ahmedabad (Gujarat) route.
      i. It has an initial network in Ahmedabad, Bengaluru (Karnataka), Mumbai, and Kochi (Kerala). The airline code of Akasa Air is QP.
      ii. The founder and Chief Executive Officer (CEO) of Akasa Air is Vinay Dube.

    2. Which organisation recently (in Aug ‘22) signed an MoU with the Army Design Bureau (ADB) to launch the “Him Drone-a-thon” programme for developing high-impact drones for Indian soldiers?
      1) Drone Federation of India
      2) Zen Technologies Ltd
      3) Solar Industries India Ltd
      4) Info Edge (India) Ltd
      5) Hindustan Aeronautics Ltd
      Answer-1) Drone Federation of India
      Explanation:
      The Army Design Bureau (ADB) and the Drone Federation of India (DFI) have signed an MoU to develop high-impact drones for Indian soldiers.
      According to the MoU, DFI and ADB will work together on the roadmap planning, research, testing, manufacturing, and adoption of drones, counter-drones, and related technologies that the Indian Army will use in its operations.
      i. In accordance with Atmanirbharta in the field of defence manufacture, the Indian Army and DFI launched the “Him Drone-a-thon” programme on August 08, 2022.
      ii. The ‘Him Drone-a-thon’ programme is a Pan-India collaboration amongst all stakeholders, including industry, academia, software developers, and drone product manufacturers.

    3. Which company recently (in August ‘22) launched a cross-border payments platform named “Global Pay” for Small to Medium-sized Businesses (SMBs) customers seeking an international payment solution?
      1) Discover Financial Services
      2) American Express
      3) MasterCard
      4) Capital One
      5) Visa Inc
      Answer-2) American Express
      Explanation:
      American Express launched a cross-border payments platform ‘Global Pay’ for Small to Medium-sized Businesses (SMBs) customers seeking an international payment solution. It will act as a digital solution that will let US businesses make secure domestic and international B2B (Business to Business) payments.
      i. It will enable business customers to send payments funded from their business bank account to their suppliers in more than 40 countries with 12 currencies.

    4. In August 2022, HDFC Bank raised up to ________ in Non-Resident External (NRE) deposits.
      1) USD 290 million
      2) USD 300 million
      3) USD 420 million
      4) USD 120 million
      5) USD 400 million
      Answer- 2) USD 300 million
      Explanation:
      HDFC Bank has raised up to USD 300 million in Non-Resident External (NRE) deposits, offering up to 50 basis points (A basis point is 0.01%) more than the prevailing rates.
      i. The Middle East led the list of new Non-resident Indian (NRI) depositors while Asia and Europe have also contributed.
      ii. Recently, the Reserve Bank of India (RBI) permitted banks to garner Foreign Currency Non-Resident Account (FCNR) (B) and NRE deposits from the Indian diaspora without any interest rate cap. The relaxations are available until October 31 and November 4, respectively

    5. Which bank recently (in Aug ‘22) signed an MoU with the SRM University, Andhra Pradesh(AP) to lend Rs 50 crore for start-ups?
      1) Bank of Maharashtra
      2) Bank of Baroda
      3) Indian Bank
      4) Central Bank of India
      5) Canara Bank
      Answer- 3) Indian Bank
      Explanation:
      Indian Bank has signed an MoU with the SRM University, Andhra Pradesh (AP) to Lend up to 50 Crores for Start-ups incubated at Hatchlab Research Centre, Technology Business Incubator (TBI) of SRM University-AP.
      i. Indian Bank has collaborated with Hatchlab Research Centre, TBI of SRM University-AP to launch ‘IND SpringBoard’, an initiative for financing start-ups and MSMEs.
      ii. This one of its kind collaboration in AP will further strengthen the Micro, Small and Medium Enterprises (MSME) sector.

    6. In August 2022, Jagdeep Dhankhar was elected as the _______ Vice President of India against Margaret Alva .
      1) 17th
      2) 13th
      3) 16th
      4) 15th
      5) 14th
      Answer-5) 14th
      Explanation:
      National Democratic Alliance (NDA) candidate and a former West Bengal Governor Jagdeep Dhankhar has won the 16th Vice President elections with 528 votes out of the 710 valid votes against Margaret Alva and became the 14th Vice President of India.
      i. Jagdeep Dhankhar will take the oath of office on 11th August 2022, a day after the term of the incumbent Vice President M Venkaiah Naidu comes to end.

    7. In August 2022, Arkady Dvorkovich from _________ was re-elected as the President of the International Chess Federation (FIDE) for a 2nd term, while _________ from India was elected as the Deputy President of FIDE.
      1) Spain; Viswanathan Anand
      2) United States of America; Vidit Gujrathi
      3) Russia; Viswanathan Anand
      4) Spain; Vidit Gujrathi
      5) Russia; S. L. Narayanan
      Answer-3) Russia; Viswanathan Anand
      Explanation:
      Arkady Dvorkovich of Russia was re-elected for a 2nd term as the President of the International Chess Federation (Fédération Internationale des Échecs – FIDE) with 157 votes out of 179 National Chess Associations voted in the meeting held in India.
      i. India’s Grandmaster Viswanathan Anand, 5-time World Chess Champion has been elected as the new Deputy President of FIDE.
      ii. The FIDE elections took place during the FIDE General Assembly held in Chennai, Tamil Nadu(India) alongside the 44th Chess Olympiad.
      iii. He was first elected as FIDE President in October 2018.

    8. As per the Citi Open 2022, __________ from Australia won the Men’s Singles title, while Liudmila Samsonova from ________ won the Women’s Singles title in Citi Open held at Washington, D.C. United States (US) in August 2022.
      1) Jack Sock; Australia
      2) Yoshihito Nishioka; Russia
      3) Nick Kyrgios; Estonia
      4) Yoshihito Nishioka; Australia
      5) Nick Kyrgios; Russia
      Answer- 5) Nick Kyrgios; Russia
      Explanation:
      The 2022 Washington Open/Citi Open was held on August 1-7, 2022 at the William H.G. FitzGerald Tennis Center in Washington, D.C., United States (US). It was the 53rd edition for men and 10th for women.

    9. In August 2022, _________became India’s 75th Grandmaster (GM) and Tamil Nadu (TN)’s _______ GM by winning the Limpedea Open in Baia Mare, Romania.
      1) V Pranav; 27th
      2) Vidit Gujrathi; 25th
      3) V Pranav; 29th
      4) P. Harikrishna; 27th
      5) Vidit Gujrathi; 29th
      Answer- 1) V Pranav; 27th
      Explanation:
      Chennai, Tamil Nadu based 16 year old Chess prodigy V Pranav became India’s 75th Grandmaster (GM) and Tamil Nadu’s (TN’s) 27th by winning the Limpedea Open in Baia Mare, Romania Pranav finished the Romanian tournament with 7 points out of 9 to meet the GM norm requirements.
      i. Pranav has been a three-time State Champion in chess and has also won a Bronze Medal at the World Rapid Event 2021.
      ii. Out of other states, Tamil Nadu has a large number of GMs (27) which is followed by Maharashtra with 10 Grandmasters and West Bengal with 9.

    10. Which company is set to replace Paytm as the title sponsor for the Board of Control for Cricket in India (BCCI)?
      1) BYJU’S
      2) Dream11
      3) Mastercard
      4) VIVO
      5) Tata Group
      Answer- 3) Mastercard
      Explanation:
      Mastercard is set to replace Paytm as the title sponsor for all international and domestic cricket matches organised by the Board of Control for Cricket in India (BCCI).
      i. This follows Paytm’s request to reassign the title sponsorship of BCCI, valid till 2023. . Mastercard will be assigned the rights till 2023, as per the original terms of the contract will continue to pay Rs 3.8 crore per match.