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Current Affairs Quiz:27 August 2024

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AffairsCloud brings you the complete and important daily Current Affairs Quiz 27 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 organization has recently (in August ‘24) signed an MoU with the Department of Posts (DoP) to develop a geo-coded addressing system?
    1) National Sample Survey Office
    2) National Remote Sensing Centre
    3) National Geographic Information System
    4) Geological Survey of India
    5) National Statistical Office
    Answer-2) National Remote Sensing Centre
    Explanation:
    On 22nd August 2024, the Department of Posts (DoP) under the Ministry of Communications (MoC) has signed a Memorandum of Understanding (MoU) with Hyderabad(Telangana) based National Remote Sensing Centre (NRSC) of the Indian Space Research Organisation (ISRO) to develop and refine a standardized, geo-coded addressing system in India, for ensuring simplified addressing solutions for citizen-centric delivery of public and private services.
     For this, NRSC’s expertise in satellite data and remote sensing technologies are integrated with DoP’s extensive infrastructure and services.
     DoP is also partnering with the National Institute of Urban Affairs (NIUA),  New Delhi(Delhi) for this purpose.
     The geo-coded addressing system will make tracking easier, streamline delivery services and enhance delivery routes.

  2. Name the portal launched by the Ministry of Coal to assess the safety status of coal mines.
    1) Coal Miners Helpline
    2) Coal Mine Safety Tracker
    3)  Indian Coal Safety Portal
    4) Mine Safety Assessment System
    5) Indian Coal Mines Safety Report Portal
    Answer- 5) Indian Coal Mines Safety Report Portal
    Explanation:
    On 24th August 2024, Amrit Lal Meena, Secretary of the Ministry of Coal, reviewed the ongoing development of the Indian Coal Mines Safety Report Portal to assess the safety status of coal companies.
     PM Prasad, Chairman and Managing Director (CMD) of Coal India Limited (CIL) presented the portal during the review meeting.
     This is in line with the commitment of the Ministry of Coal towards achieving “Zero Accident, Fail-Proof Safety”.
     The portal demonstration showcased two key modules – the Accident Module and the Safety Audit Module.
     Accident Module will enable near-time reporting with 24 hours and efficient management of accidents, ensuring prompt response and thorough analysis.
     Safety Audit Module will enhance the auditing process, reinforcing safety practices and protocols across the coal mining sector.

  3. Which organization has recently (in August ‘24) signed an MoU with the Ministry of Skill Development and Entrepreneurship (MSDE) to upskill employable youth across India?
    1) International Labour Organization
    2) Flipkart
    3) Women Entrepreneurship Platform
    4) Mahindra & Mahindra Ltd.
    5) Reliance Foundation
    Answer-2) Flipkart
    Explanation:
    The Ministry of Skill Development and Entrepreneurship (MSDE) has exchanged a Memorandum of Understanding (MoU) with Flipkart’s Supply Chain Operations Academy (SCOA) to upskill thousands of employable youth across India.
     The MoU was exchanged during an event which celebrates the 5-year journey of Flipkart Samarth, a program that empowers artisans, weavers, Self-Help Groups (SHGs), Women and Rural entrepreneurs.
     Under the Pradhan Mantri Kaushal Vikas Yojana (PMKVY) 4.0, this collaboration aims to upskill thousands of youth in India improving their employability in the supply chain and e-commerce sectors.
     Flipkart also launched the ‘Samarth storefront’ Indian Roots on its app.

  4. Which organisation has recently (in August 2024) announced a strategic partnership with the Central Bank of India to expand their co-lending business?
    1) Aadhar Housing Finance Limited
    2) Shriram Finance Limited
    3) Sammaan Capital Limited
    4) Piramal Capital and Housing Finance Limited
    5) L&T Finance Limited
    Answer-4) Piramal Capital and Housing Finance Limited
    Explanation:
    Mumbai (Maharashtra) based Piramal Capital and Housing Finance Limited (PCHFL) (Piramal Finance), a wholly owned subsidiary of Piramal Enterprises Limited (PEL), have announced a strategic partnership with the Central Bank of India (CBI) to expand their co-lending business.
    i.The partnership will offer loans to middle- and low-income borrowers, focusing on semi-urban and rural regions.
    ii.This collaboration leverages the Central Bank of India’s extensive branch network and financial expertise in addition to Piramal Finance’s ‘High Tech + High Touch’ approach, which uses technology to offer a seamless customer experience.

  5. Which bank has recently (in August ‘24) partnered with Tata Power Solar Systems Limited to offer loans for the purchase of solar panels/units?
    1) ICICI Bank
    2) State Bank of India
    3) HDFC Bank
    4) Axis Bank
    5) Punjab National Bank
    Answer-1) ICICI Bank
    Explanation:
    Tata Power Solar Systems Limited (TPSSL), a leading solar company in India, has partnered with ICICI Bank Limited, India’s leading Private Sector Bank (PSB), to offer financial solutions for the purchase of solar panels/units for residential and corporate customers.
     Aim: To enhance the accessibility and affordability of sustainable energy solutions and promote the broader adoption of solar energy in India.
     Under this collaboration, ICICI Bank will provide loans up to Rs 90 lakh with collateral-free options and tenure of up to 5 years, for the purchase of solar panels from TPSSL.

  6. In August 2024, The Reserve Bank of India(RBI) modified its electronic mandate framework to include the auto-replenishment of balances in _________.
    1) Credit Card
    2) Insurance Policy
    3) FASTag
    4) E-commerce Wallet
    5) Demat account
    Answer-3) FASTag
    Explanation:
    The Reserve Bank of India(RBI) modified its electronic mandate (e-mandate) framework to include the auto-replenishment of balances in FASTag and the National Common Mobility Card (NCMC).
     Aim: To streamline recurring transactions without fixed periodicity and is effective immediately.
     Previously, a 24-hour pre-debit notification was required and this is no longer necessary for auto-replenishment transactions.
     Auto replenishment of balances in FASTag and NCMC triggers whenever the balance falls below a customer-defined threshold.
     The e-mandate framework, established in 2019, ensures customer protection by providing notification for upcoming debits.

  7. Name India’s 1st reusable hybrid rocket that was recently (in August ‘24) launched successfully by Space Zone India (SZI).
    1) RHUMI-1
    2) New Shepard
    3) ULA Atlas V
    4) H3 rocket
    5) Agnibaan
    Answer-1) RHUMI-1
    Explanation:
    On 24th August 2024, India successfully launched its 1st reusable hybrid rocket named “RHUMI-1”, developed by Space Zone India (SZI),Chennai, Tamil Nadu (TN) – based start-up, in partnership with Martin Group.
     The rocket was lifted off from a mobile launchpad on East Coast Road (ECR), Thiruvidanthai in Chennai, TN.
     It was carrying 3 Cube Satellites and 50 PICO Satellites and deployed them into a suborbital trajectory using a mobile launcher.
     The Cube satellites will monitor and collect atmospheric conditions like: cosmic radiation intensity, Ultra Violet (UV) radiation intensity, and air quality.
     It comprises RHUMI series of rockets, including RHUMI-1, RHUMI-2, and RHUMI-3 which are designed specifically to cover a range of altitudes from 1 kilometer (km) to 500 km.

  8. In August 2024, the Indian Army transferred the technology of __________  , an Unmanned Ground Vehicle (UGV) to a private Indian company for mass production.
    1) Agniastra
    2) Nagastra
    3) Xploder
    4) Vidyut Rakshak
    5) Prahasta
    Answer-3) Xploder
    Explanation:
    The Indian Army has transferred the technology for the mass production of 2 indigenously developed cutting-edge technologies, namely the Xploder and Agniastra, developed by the innovator officers of the Army Design Bureau (ADB), to private Indian firms.
     The Transfer of Technology (ToT) ceremony was presided over by Lieutenant General NS Raja Subramani, Vice Chief Of Army Staff (VCOAS).
     The ToT process is facilitated by the Foundation for Innovation and Technology Transfer (FITT) at the Indian Institutes of Technology Delhi (IIT Delhi) in New Delhi, Delhi.
     The Xploder, an advanced Unmanned Ground Vehicle (UGV), is a versatile system designed for a range of combat and operational roles.
     Equipped with all-terrain capabilities, the Xploder can conduct unmanned reconnaissance, precisely deliver explosive payloads, and safely dispose of remote Improvised Explosive Devices (IEDs).
     The Agniastra is a Multi-Target Portable Detonation System, revolutionising remote detonation technology.
     Agniastra is capable of simultaneously targeting multiple locations over extended ranges and can be manually placed or delivered via UAVs (Unmanned Aerial Vehicles)/UGVs.

  9. When was the World Water Week annually observed across the globe?
    1) 24th to 30th April 2024
    2) 25th to 29th August 2024
    3) 23rd to 29th June 2024
    4) 25th to 31st May 2024
    5) 24th to 30th July 2024
    Answer-2) 25th to 29th August 2024
    Explanation:
    World Water Week (WWW), the leading conference on global water issues, is annually observed across the globe during the last week of August to address critical water-related challenges, including access to clean water, sanitation, water management, and sustainability.
     World Water Week 2024 takes place from 25 to 29 August 2024.
     World Water Week 2023 was observed from 20 to 24 August 2023.
     This annual event is organised by the Stockholm International Water Institute (SIWI) in Stockholm, Sweden.
     The theme of the 2024 WWW conference is, “Bridging Borders: Water for a Peaceful and Sustainable Future”.
     Japan‘s Taikan Oki, a professor at the University of Tokyo in the Department of Civil Engineering at the Graduate School of Engineering (GSE) in Japan, won the Stockholm Water Prize 2024.
     Inspired by the Stockholm Water Symposium, the Stockholm Water Prize was established in 1991, and is considered the “Nobel Prize of water.”Click here to read more

  10. Who won the Formula 1(F1) Heineken Dutch Grand Prix (GP) 2024 title held at the Circuit Zandvoort, in Zandvoort, the Netherlands?
    1) Max Verstappen
    2) George Russell
    3) Oscar Piastri
    4) Lando Norris
    5) Charles Leclerc
    Answer-4) Lando Norris
    Explanation:
    McLaren’s Lando Norris, a British racing driver, won the title at the Formula 1 (F1) Heineken Dutch Grand Prix (GP) 2024 held at the Circuit Zandvoort, in Zandvoort, the Netherlands. This marks Norris’s 2nd title of his F1 career.
     Red Bull’s Max Verstappen a Dutch-Belgian racing driver (competing under the Dutch flag) finished 2nd followed by Ferrari’s Charles Leclerc of Monaco at the 3rd position.
     The Dutch GP 2024 was the 15th round of the 2024 Fédération Internationale de l’Automobile (FIA) F1 world championship.
     Lando Norris won his first F1 career title at the 2024 Miami GP in May 2024 in Florida, the United States of America (USA).