AffairsCloud brings you the complete and important daily Current Affairs August 23 2018 Quiz to achieve more marks in Banking , Insurance, UPSC, SSC, CLAT , Railways  and all other competitive Exams. We have prepared the current affairs quiz from our current affairs today updates.

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  1. What is the theme of the 6th “International Buddhist Conclave (IBC), 2018” held in India from 23rd to 26thAugust 2018?
    1.Buddha Path – The Living Heritage
    2.Evolution and spread of Buddhism
    3.Buddhism and its Glory
    4.The Noble Path of Buddha
    5.None of these
    Answer – 1.Buddha Path – The Living Heritage
    Explanation:
    On 23rd August 2018, Indian President Ram Nath Kovind inaugurated the “International Buddhist Conclave (IBC), 2018” at Vigyan Bhawan, New Delhi. The Minister of State (Independent charge), K.J. Alphons presided over the inaugural function. The Conclave is held for 4 days till 26th August 2018. It is organized by the Ministry of Tourism along with the State Governments of Maharashtra, Bihar and Uttar Pradesh. The conclave is held in New Delhi and Ajanta (Maharashtra). Site visits will be held in Rajgir, Nalanda and Bodhgaya (Bihar) and Sarnath (Uttar Pradesh).

  2. Which is the partner country of the 6th “International Buddhist Conclave (IBC), 2018” held in India from 23rd to 26th August 2018?
    1.China
    2.Nepal
    3.Sri Lanka
    4.Japan
    5.None of these
    Answer – 4.Japan
    Explanation:
    This is the 6th International Buddhist Conclave. Theme of this conclave is: “Buddha Path – The Living Heritage”. Partner Country for IBC 2018 is Japan. This conclave aims to project the Buddhist Heritage in India and enhance tourism in Buddhist sites of India and develop friendly ties with countries and communities interested in Buddhism. An ‘Investors’ Summit’ is also organized by the Ministry of Tourism during the Conclave to attract investments to develop world class infrastructure at Buddhist sites. The Ministry of Tourism, India, organises the International Buddhist Conclave biennially.

  3. The ‘India Wage Report: Wage policies for decent work and inclusive growth’ was released on 20th August 2018. Which organization released this report?
    1.ILO (International Labour Organization)
    2.World Bank
    3.International Monetary Fund (IMF)
    4.Asian Development Bank (ADB)
    5.None of these
    Answer – 1.ILO (International Labour Organization)
    Explanation:
    On 20th August 2018, ILO (International Labour Organization) released its ‘India Wage Report: Wage policies for decent work and inclusive growth’. This report states that, India needs to improve its wage policies to promote inclusive growth. As per ILO’s report, low pay and wage inequality prevent India from achieving decent working conditions and inclusive growth. As per the report, nearly 33 % i.e. 62 million workers were paid less than the indicative national minimum wage. Also, the rate of low pay was higher in women.

  4. Punjab Cabinet has approved the formation of the state higher education council. Who will be the head of the council?
    1.Amarinder Singh
    2.Kaptan Singh Solanki
    3.Navjit Singh Siddu
    4.Sumit Rawat
    5.None of these
    Answer – 1.Amarinder Singh
    Explanation:
    On 21st August 2018, the Punjab Cabinet approved the formation of the state higher education council to offer quality education. A bill regarding this will be introduced in the Punjab Vidhan Sabha. The Punjab State Higher Education Council will be headedby Punjab Chief Minister Amarinder Singh. Higher education minister will be the vice chairman. Administrative secretary, higher education will be the member secretary. Other members of the council: vice-chancellors of state universities, principals of government colleges and eminent persons from the fields of arts, science, technology, culture, industry etc.

  5. Which state government has decided to name the upcoming Bundelkhand Expressway as ‘Atal Path’ to honour former Prime Minister Atal Bihari Vajyapee?
    1.Jharkhand
    2.Gujarat
    3.Madhya Pradesh
    4.Uttar Pradesh
    5.None of these
    Answer – 4.Uttar Pradesh
    Explanation:
    Uttar Pradesh government has decided to name the upcoming Bundelkhand Expressway as ‘Atal Path’ to honour former Prime Minister Atal Bihari Vajyapee. A notification in this regard will be issued soon. The upcoming Bundelkhand Expressway is proposed as a 289-km, 4-lane, access-controlled highway. It will start from Jhansi and passing through Chitrakoot, Banda, Hamirpur, Auraiya and Jalaun. It will reach Etawah and join Agra-Lucknow expressway. It is proposed to be developed by the Uttar Pradesh Expressway Industrial Development Authority (UPEIDA).

  6. According to a report by Indian Computer Emergency Response Team (CERT-In) the maximum number of cyber attacks on official Indian websites during from April-June 2018 were from which country?
    1.China
    2.United States of America
    3.Russia
    4.Japan
    5.None of these
    Answer – 1.China
    Explanation:
    The intruding activities on Indian cyber space is as follows:
    [su_table]
    Country%
    China35
    USA17
    Russia15
    Pakistan9
    Canada7
    Germany5
    Netherlands4
    North Korea2
    France2
    Others4
    [/su_table]

  7. Ujjivan Small Finance Bank has announced the launch of its overdraft facility for micro and small enterprises (MSE). It will be offered to all MSEs with a turnover of _____ or more?
    1.Rs 50 lakh
    2.Rs 1 crore
    3.Rs 10 lakh
    4.Rs 25 lakh
    5.None of these
    Answer – 1.Rs 50 lakh
    Explanation:
    On August 23, 2018, Ujjivan Small Finance Bank announced the launch of its overdraft facility for micro and small enterprises (MSE). This is aimed at the MSEs who don’t have easy access to formal credit. It would be offered to all MSEs with a turnover of Rs 50 lakh or more. This interest rate on the overdraft is for one year with a minimum credit of Rs 11 lakh to a maximum of Rs 50 lakh renewed on an annual basis. A key feature of the facility is that it allows MSE customers to pay EMI only on the utilised amount and repay the amount at any time during the tenure of the OD facility.

  8. As per Moody’s Investor services report called Global Macro Outlook for 2018-19, the Indian economy will grow by what per cent in 2018 and 2019?
    1.7.7 %
    2.7.5 %
    3.7.8 %
    4.7.6 %
    5.None of these
    Answer – 2.7.5 %
    Explanation:
    On August 23, 2018, according to Moody’s Investor services report called Global Macro Outlook for 2018-19, the Indian economy will grow by around 7.5 per cent in 2018 and 2019. The main reasons behind this is: strong urban and rural demand and improved industrial activity. Also due to the rise in energy prices the Headline inflation would rise as well temporarily. Earlier in in May, Moody’s cut the GDP from 7.5% to 7.3%.Retail inflation in India has been predicted to be around 5% and core inflation has risen to 6.2%.

  9. Forbes has released its top 10 highest paid list in different categories and professions. Who has ranked number 1 in the Forbes list of highest paid actors for 2018?
    1.George Clooney
    2.Dwayne Johnson
    3.Robert Downey Jr
    4.Chris Hemsworth
    5.None of these
    Answer – 1.George Clooney
    Explanation:
    Top 10 highest Paid Actors 2018:
    [su_table]
    RankActor
    1George Clooney
    2Dwayne Johnson
    3Robert Downey Jr
    4Chris Hemsworth
    5Jackie Chan
    6Will Smith
    7Akshay Kumar
    8Adam Sandler
    9Salman Khan
    10Chris Evans
    [/su_table] Top 10 highest Paid Sportswomen:
    [su_table]
    RankSportswomen
    1Serena Williams
    2Caroline Wozniacki
    3Sloane Stephens
    4Garbine Muguruza
    5Maria Sharapova
    6Venus Williams
    7P.V. Sindhu
    8Simona Halep
    9Danica Patrick
    10Angelique Kerber
    [/su_table] Top 10 Highest paid Actresses in the World:
    [su_table]
    RankActress
    1Scarlett Johansson
    2Angelina Jolie
    3Jennifer Aniston
    4Jennifer Lawrence
    5Reese Witherspoon
    6Mila Kunis
    7Julia Roberts
    8Cate Blanchett
    9Melissa McCarthy
    10Gal Gadot
    [/su_table]

  10. Who was reappointed as Finance Minister by President Ram Nath Kovind after he recovered from a kidney ailment, on August 23, 2018?
    1.Arun Jaitley
    2.Suresh Prabhu
    3.Piyush Goyal
    4.Anant Kumar
    5.None of these
    Answer – 1.Arun Jaitley
    Explanation:
    On August 23, 2018, President Ram Nath Kovind re appointed Arun Jaitley as Finance Minister after he recovered from a kidney ailment. Jaitley will resume charge of both finance and corporate affairs portfolios. Earlier from May 14, Minister for Railways and Coal Piyush Goyal was appointed as the Finance minister on an interim basis as Mr.Arun Jaitley underwent a kidney surgery.

  11. Who has been appointed by the National Green Tribunal (NGT) as the head of the three-member committee formed to decide Vedanta’s plea challenging closure of Sterlite copper plant at Tuticorin?
    1.Aharsh Kumar Goel
    2.Sunil Shetty
    3.Veer Das
    4.SJ Vazifdar
    5.None of these
    Answer – 4.SJ Vazifdar
    Explanation:
    On August 23, 2018, the National Green Tribunal (NGT) has appointed retired judge S J Vazifdar as head of a three-member committee. This decision was taken by a bench headed by chairperson A K Goel. To decide mining company Vedanta’s plea challenging closure of its Sterlite copper plant at Tuticorin. S J Vazifdar is a former Punjab and Haryana High Court Chief Justice. The committee will also include representatives of the Central Pollution Control Board and the Ministry of Environment and Forests.

  12. Who was appointed the head of India investments by Abu Dhabi Investment Authority (ADIA) on 23rd August 2018?
    1.Kabir Mathur
    2.Rahul Srivastava
    3.Anup Matthew
    4.Praveen Hebbal
    5.None of these
    Answer – 1.Kabir Mathur
    Explanation:
    On August 23, 2018, Abu Dhabi Investment Authority (ADIA), the world’s second largest sovereign wealth fund, has hired private equity veteran Kabir Mathur to head operations in India. He is a former director with US fund KKR & Co. L.P and has worked with the firm during 2008 -2017 on investing and portfolio management activities across Southeast Asia. Prior to this, he worked with TPG Capital as Associate on the investment activities in Southeast Asia.

  13. Who was appointed as the brand ambassador of the Sanjay Gandhi National Park (SGNP) based in Mumbai, on 22nd August 2018?
    1.Deepika Padukone
    2.Shah Rukh Khan
    3.Raveena Tandon
    4.Shilpa Shetty
    5.None of these
    Answer – 3.Raveena Tandon
    Explanation:
    On 22nd August 2018, Maharashtra Forest Minister Sudhir Mungantiwar announced the appointment of actor Raveena Tandon as the brand ambassador of the Sanjay Gandhi National Park (SGNP) based in Mumbai. SGNP is rich in flora and fauna. It provides water to a major portion of Mumbai. As the brand ambassador of SGNP, Raveena Tandon will work with Maharashtra forest department to create awareness about its initiatives, like the 50 crore tree plantation drive, eco-tourism in SGNP, conservation of leopards in SGNP, etc.

  14. Name the European wind survey satellite launched from French Guyana, on August 23, 2018?
    1.Aeolus
    2.Zeus
    3.Venus
    4.Adolan
    5.None of these
    Answer – 1.Aeolus
    Explanation:
    On August 23, 2018, Europe launched a rocket named “Aeolus” from French Guyana. This satellite will be put into orbit at an altitude of 320 kilometres (200 miles) above the Earth which will track global winds, allowing for improved weather forecasting. It is part of the Copernicus project, a joint initiative of the European Union and the European Space Agency (ESA) to track environmental damage and aid disaster relief operations. The new mission is also Arianespace’s 50th launch for the European Space Agency.

  15. Which institute has announced the launch of Fabless Chip Design Incubator (FabCI) exclusively for startups in chip design?
    1.IIT-Bombay
    2.IIT-Madras
    3.IIT-Hyderabad
    4.IIT-Kharagpur
    5.None of these
    Answer – 3.IIT-Hyderabad
    Explanation:
    On 21st August 2018, Indian Institute of Technology, Hyderabad, announced the launch of Fabless Chip Design Incubator (FabCI) exclusively for startups in chip design. FabCI is said to be the first-of-its-kind in India. It focuses on developing an ecosystem for supporting startups in chip design. It offers facilities like free software tools with leading technology partners in Electronic Design Automation (EDA), etc. FabCI aims to incubate a minimum of 50 ‘Make-in-India’ chip design companies that can compete globally and generate Intellectual Property Rights (IPRs).

  16. Name the wireless ‘in-body GPS’ system that can accurately locate ingestible implants and track tumours inside the body, developed by US scientists?
    1.iTrack
    2.Entour
    3.ReMix
    4.FindnFix
    5.None of these
    Answer – 3.ReMix
    Explanation:
    Scientists have developed a wireless ‘in-body GPS’ system named “ReMix” that can accurately locate ingestible implants and track tumours inside the body. ReMix was able to track implants with centimetre-level accuracy in animal tests. Similar implants can be used to deliver drugs to specific regions of the body. The test was conducted by scientists from Massachusetts Institute of Technology (MIT) and Massachusetts General Hospital (MGH) in the US. ReMix could be used in proton therapy, a type of cancer treatment through bombardment of tumours with beams of magnet-controlled protons.

  17. Olympic Council of Asia (OCA) recently recognised which indigenous sport of India?
    1.Kho-Kho
    2.Kabbadi
    3.Shot Put
    4.Pole Vault
    5.None of these
    Answer – 1.Kho-Kho
    Explanation:
    Olympic Council of Asia (OCA) has given recognition to Kho-Kho, India’s indigenous sport. This was announced at the General Assembly of the OCA on 19th August 2018. Kho-Kho will be included as a demonstration sport in the Asian Indoor Games. Also, it has the possibility to be included as a discipline in the next Asian Games. Rajeev Mehta is the Secretary General of Indian Olympic Association (IOA). He is also the president of Asian Kho-Kho Federation.

  18. Kuldip Nayar passed away in Delhi, on 23rd August 2018. He was a _____?
    1.journalist
    2.author
    3.human rights activist
    4.All the above
    5.None of these
    Answer – 4.All the above
    Explanation:
    On August 23, 2018, renowned journalist, author and human rights activist Kuldip Nayar passed away in Delhi at 95. He is survived by his wife and two sons. He was a former editor at The Indian Express. He also served as High Commissioner of India to the United Kingdom. e served as a press information officer to former Prime Minister Lal Bahadur Shashtri and former Union Home Minister Govind Ballabh Pant.

  19. The book “Sea Prayer”, a tribute to Alan Kurdi, the 3-year-old Syrian boy whose body washed upon a beach in Turkey in 2015, will be in August 2018. Who has written this book?
    1.Khaled Hosseini
    2.Salman Rushdie
    3.Andrew Simons
    4.Philip Sanders
    5.None of these
    Answer – 1.Khaled Hosseini
    Explanation:
    “Sea Prayer”, the new book of writer Khaled Hosseini will be released on 30th August 2018. It is a tribute to Alan Kurdi, the 3-year-old Syrian boy whose body washed upon a beach in Turkey in September 2015. Earlier “Sea Prayer” was produced in collaboration with UNHCR (United Nations High Commissioner for Refugees) and released as a Guardian virtual film on 1st September 2017. Now, Sea Prayer has been written in the form of a letter and will be published by Bloomsbury. Bloomsbury will donate one pound from the sale of each print book to UNHCR.

  20. When was International Day for the Remembrance of the Slave Trade and Its Abolition 2018 celebrated?
    1.August 23
    2.August 22
    3.August 21
    4.August 20
    5.None of these
    Answer – 1.August 23
    Explanation:
    On 23rd August 2018, International Day for the Remembrance of the Slave Trade and Its Abolition was observed throughout the world. On the night of 22 to 23 August 1791, Santo Domingo (today Haiti and the Dominican Republic) experienced the beginning of the uprising that played an important role in the abolition of the transatlantic slave trade. This day is commemorated as International Day for the Remembrance of the Slave Trade and its Abolition on 23rd August every year.

  21. Name the Defence Minister of Japan who visited India at the invitation of the Defence Minister of India, Nirmala Sitharaman from 19 to 20 August 2018?
    1.Itsunori Onodera
    2.Nami Nagamatsu
    3.Naomi Okawa
    4.Minsoi Phugata
    5.None of these
    Answer – 1.Itsunori Onodera
    Explanation:
    The Defence Minister of Japan Mr. Itsunori Onodera visited India for the first time for 2 days at the invitation of the Defence Minister of India Smt Nirmala Sitharaman from 19 to 20 August 2018.
    Objective:
    • To further strengthen defence and security cooperation under the ‘Japan-lndia Special Strategic and Global Partnership’ ,
    • To work on Japan’s ‘Free and Open Indo-Pacific Strategy’ with India’s ‘Act East Policy’

  22. Central Government has launched Draft International Air Connectivity (IAC) scheme to extend which air travel programme to international circuits?
    1.All India Air Connectivity Programme (AIACP)
    2.UDAN (Ude Desh Ka Aam Nagrik)
    3.Air Connectivity for India (ACI)
    4.National Civil Aviation Scheme (NCAS)
    5.None of these
    Answer – 2.UDAN (Ude Desh Ka Aam Nagrik)
    Explanation:
    On 21st August 2018, Central Government launched Draft International Air Connectivity (IAC) scheme to extend affordable air travel programme UDAN (Ude Desh Ka Aam Nagrik) to international circuits. The draft International Air Connectivity (IAC) scheme aims to increase international ticketing to 20 crore by 2027. This will be made operational only for states that express commitment to implement and offer necessary support to promote operations under the scheme.

STATIC GK based on Current Affairs

  1. Name the Director General and headquarters of ILO (International Labour Organization)?
    Answer – Director-General – Guy Ryder; Headquarters – Geneva, Switzerland

  2. Name the MD & CEO and headquarters of Ujjivan Small Finance Bank?
    Answer – MD & CEO: Samit Ghosh; Headquarters: Bengaluru

  3. Who is the chairperson of National Green Tribunal (NGT)?
    Answer – Adarsh Kumar Goel

  4. Who is the President of Olympic Council of Asia (OCA) headquartered in Kuwait?
    Answer – Sheikh Ahmad Fahad Al-Sabah

  5. Where is Gugamal National Park located?
    Answer – Maharashtra

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