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Current Affairs Quiz:25 & 26 August 2024

AffairsCloud brings you the complete and important daily Current Affairs Quiz 25 & 26 August 2024 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 2024 updates.

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  1. Which country has recently (in August ‘24) partnered with the National Mission for Clean Ganga (NMCG) and the Indian Institute of Technology – Banaras Hindu University (IIT-BHU) to launch a Smart Laboratory on Clean Rivers (SLCR) Project in Varanasi, Uttar Pradesh?
    1) Japan
    2) Denmark
    3) Azerbaijan
    4) Israel
    5) Singapore
    Answer & Explanation
    Answer-2) Denmark
    Explanation:
    New Delhi(Delhi) based National Mission for Clean Ganga (NMCG), Varanasi, Uttar Pradesh(UP) based Indian Institute of Technology – Banaras Hindu University (IIT-BHU), and the Government of Denmark have launched a Smart Laboratory on Clean Rivers (SLCR) Project in Varanasi, Uttar Pradesh (UP).
     This initiative is part of the Green Strategic Partnership between India and Denmark, which aims to rejuvenate small rivers through innovative and sustainable approaches.
     Aim: The SLCR project aims to rejuvenate the Varuna River by leveraging cutting-edge technology and international expertise.
     The SLCR Secretariat would receive Rs. 16.80 crore in initial funding from the Ministry of Jal Shakti (MoJS), as well as Rs. 5 crore grant from Denmark to enhance long-term sustainability and project development.Click here to read more

  2. In August 2024, the Government of India (GoI) launched the “Bharat Zero Emission Trucking (ZET) Policy Advisory” document with the aim of achieving 100% ZET sales penetration by __________.
    1) 2045
    2) 2040
    3) 2050
    4) 2060
    5) 2055
    Answer & Explanation
    Answer-3) 2050
    Explanation:
    On 21st August 2024, Prof. Ajay Kumar Sood, Principal Scientific Adviser (PSA) to the Government of India (GoI), launched the “Bharat Zero Emission Trucking (ZET) Policy Advisory” document at the Vigyan Bhawan Annexe in New Delhi, Delhi.
     This advisory outlines a comprehensive approach to achieving 100% ZET sales penetration by 2050, crucial for India’s Net Zero 2070 target.
     The development of the advisory was guided by a Policy Advisory Panel (PAP) chaired by Dr. Preeti Banzal, Adviser, Office of PSA; and vice-chaired by Prof. Karthick Athmanathan, PSA Fellow with contributions from various industry and academic leaders.
     A Project Management Unit was established at Centre of Excellence for Zero Emission Trucking (CoEZET), Indian Institutes of Technology (IIT) Madras, Chennai, Tamil Nadu to draft the policy advisory document under the guidance of the PAP.

  3. In August 2024, the Ministry of Health & Family Welfare (MoH&FW) launched the _______________________ (portal) of the National Medical Commission (NMC), developed by the National Health Authority (NHA).
    1) Centralised Admission Portal
    2) NIRMAN Portal
    3) National Medical Register Portal
    4) National Health Claim Exchange Portal
    5)  NHM Health Statistics Information Portal
    Answer & Explanation
    Answer-3) National Medical Register Portal
    Explanation:
    Union Minister Jagat Prakash Nadda, Ministry of Health & Family Welfare (MoH&FW) launched the National Medical Register (NMR) Portal of the National Medical Commission (NMC), developed by the National Health Authority (NHA), an attached office of the MoH&FW.
     The NMR portal is a centralised database, designed to register all eligible allopathic (Bachelor of Medicine and Bachelor of Surgery (MBBS)) doctors in India.
     The NMR is mandated under Section 31(1) of the NMC Act, 2019, stating that the Ethics & Medical Registration Board (EMRB) of the NMC shall maintain a National Register in electronic form.

  4. Which country has recently (in August ‘24) signed a MoU with the Department of Administrative Reforms and Public Grievances (DARPG) to foster ‘Cooperation in the Public Administration and Governance Reforms’ for 5 years?
    1) United Kingdom
    2) Bhutan
    3) France
    4) Sri Lanka
    5) Malaysia
    Answer & Explanation
    Answer-5) Malaysia
    Explanation:
    The Department of Administrative Reforms and Public Grievances (DARPG), the Ministry of Personnel, Public Grievances, and Pensions (MoPPG&P), and the Public Service Department (PSD) Government of Malaysia, signed a Memorandum of Understanding (MoU), at Hyderabad House, in New Delhi, Delhi.
     The MoU was signed to foster ‘Cooperation in the Public Administration and Governance Reforms’ for 5 years, with effect from 20th August 2024.
     A Joint Working Group (JWG) will be established to oversee the implementation of the cooperation outlined in the MoU.
    BEML Limited, (formerly Bharat Earth Movers Limited), a Public Sector Undertaking (PSU) under the Ministry of Defence (MoD), signed a Memorandum of Understanding (MoU) with Malaysia’s largest rolling stock producer, SMH Rail Sdn. Bhd., in New Delhi, Delhi.
     Under this MoU, BEML and SMH Rail will collaborate to increase capabilities in marketing, manufacturing, and Maintenance, Repair, and Overhaul (MRO) services.
     This will also strengthen bilateral relations between India and Malaysia and address the growing global demand for advanced rail and metro rolling stock.

  5. Recently, Union Finance Minister Nirmala Sitharaman released a postal stamp to commemorate the 165th Income Tax Day which was observed on _________.
    1) 24 August 2024
    2) 24 April 2024
    3) 24 July 2024
    4) 24 May 2024
    5) 24 June 2024
    Answer & Explanation
    Answer-3) 24 July 2024
    Explanation:
    On 21st August 2024, Union Minister Nirmala Sitharaman, Ministry of Finance (MoF) released ‘My Stamp – 165th Income Tax Day’ to commemorate 165 years of income tax in India, in New Delhi, Delhi. The stamp was released during the event organised by the Central Board of Direct Taxes (CBDT) to commemorate the 165th anniversary of Income Tax Day.
     India annually celebrates Income Tax Day on 24th July commemorates the introduction of income tax in India by Sir James Wilson in 1860. 24th July 2024 marks the 165th Income Tax Day.
     During the event, Union Minister Sithraman presented the ‘CBDT Certificate of Excellence’ to the Income Tax Department team that made the highest-ever cash seizure of about Rs 352 crore in India in a 2023 raid against a distillery group in Odisha.

  6. Which organisation has recently (in August ‘24) signed an MoU with the Department of Posts (DoP) to verify new units set up under the Prime Minister Employment Generation Programme (PMEGP)?
    1) CSC eGovernance Services India Limited
    2) National Skill Development Development Corporation
    3) National Small Industries Corporation Limited
    4) Khadi and Village Industries Commission
    5) Employees’ Provident Fund Organisation
    Answer & Explanation
    Answer-4) Khadi and Village Industries Commission
    Explanation:
    The Khadi and Village Industries Commission (KVIC), a statutory body under the Ministry of Micro, Small, and Medium Enterprises (MoMSME) signed a Memorandum of Understanding (MoU) with the Department of Posts (DoP) under the Ministry of Communications and Information Technology (MoC&IT), to enhance the efficiency of the Prime Minister Employment Generation Programme (PMEGP) at KVIC’s Rajghat office in New Delhi, Delhi.
     The MoU was signed by Dr. Amanpreet Singh, Deputy General Manager(GM)   of the Department of Posts and Rajan Babu, Deputy Chief Executive Officer (CEO) of PMEGP.
     This collaboration aims to expedite the physical verification of PMEGP units and the settlement of margin money subsidies.

  7. Which bank has recently (in August ‘24)  introduced a new savings account product “Avni” for women’s empowerment?
    1)  IDFC First Bank
    2) Bandhan Bank
    3) State Bank of India
    4) HDFC Bank
    5) Axis Bank
    Answer & Explanation
    Answer-2) Bandhan Bank
    Explanation:
    On 22nd August 2024, Bandhan Bank Limited, on the eve of its foundation day, has introduced a new savings account product “Avni” to empower women by offering them customized financial and lifestyle solutions, along with various other attractive benefits.
     The product will offer a specially designed MasterCard Platimum debit card with wide range of benefits like: free airport lounge access, personal accident insurance cover of Rs 10 lakh, lost card liability of Rs 3.5 lakh, among others.
     The account holders of Avni savings account will be required to maintain an Average Quarterly Balance (AQB) of Rs 25,000.
     The new savings account will offer a free cash deposit limit of up to Rs 5 lakh per month.
     The bank also launched a loyalty programme, ‘Bandhan Bank Delights’ where customers can earn reward points called Delight Points.

  8. Which bank has recently (in August ‘24) signed a USD 500 million loan agreement with India for the ‘Maharashtra Tertiary Care and Medical Education Sector Development Program (SDP)’?
    1) Societe Generale
    2) Burgan Bank
    3) Asian Development Bank
    4) Deutsche Bank AG
    5) World Bank
    Answer & Explanation
    Answer-3) Asian Development Bank
    Explanation:
    India signed a USD 500 million loan agreement with the Asian Development Bank (ADB) for the ‘Maharashtra Tertiary Care and Medical Education Sector Development Program (SDP)’ to improve access to quality and affordable tertiary health care and medical education in Maharashtra.
     The program will help to establish 4 medical colleges with attached tertiary care hospitals, incorporating climate- and disaster-resilient, gender-responsive, and socially inclusive features in underserved districts.
     To integrate gender and social inclusion in medical education, ADB will support Maharashtra to create a gender unit under the Medical Education and Drugs Department (MEDD), Government of Maharashtra.

  9. Which insurance company has recently (in August ‘24) launched a new term insurance product named ‘Sampoorna Raksha Promise’?
    1) ICICI Lombard General Insurance Company Limited
    2) Universal Sompo General Insurance Company Limited
    3)  Kotak Mahindra Life Insurance Company Limited
    4) Life Insurance Corporation of India
    5) Tata AIA Life Insurance Company Limited
    Answer & Explanation
    Answer-5) Tata AIA Life Insurance Company Limited
    Explanation:
    Tata AIA Life Insurance Company Limited (TALIC) has launched ‘Sampoorna Raksha Promise’, a new term insurance product, which provides instant payouts on death claims, flexible premium payment options, and benefits for terminal illnesses.
     Sampoorna Raksha Promise product offers instant payout of Rs. 3 lakhs on death claim intimation. This instant benefit is subject to certain terms and conditions, including a three-year waiting period.
     The policyholders can withhold their premium payments for up to 12 months every five years.
     The policyholder will receive 50% of the base sum assured upon diagnosis of a terminal illness. Further premiums need not be paid and the policy benefits will be continued, which comes under ‘Payor Accelerator Benefit’.

  10. Which insurance company has recently (in August ‘24) entered into a bancassurance partnership with HSBC India to expand its insurance product reach?
    1) Bajaj Allianz General Insurance Company Limited
    2) Tata AIG General Insurance Company Limited
    3) SBI General Insurance Company Limited
    4) Kotak Mahindra Life Insurance Company Limited
    5) Life insurance corporation
    Answer & Explanation
    Answer-1) Bajaj Allianz General Insurance Company Limited
    Explanation:
    Pune(Maharashtra) based Bajaj Allianz General Insurance Company Limited (BAGICL), a leading private general insurer in India has entered into a bancassurance partnership with Mumbai(Maharashtra) based Hongkong and Shanghai Banking Corporation Limited, India (HSBC India), to expand its insurance product reach.
     The partnership aims to offer tailored and innovative financial solutions, increase insurance penetration, and promote financial inclusion and customer empowerment in India.
     HSBC India will distribute BAGICL’s insurance products and services to its customer base in India through its 26 branches in 14 cities.





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