August 2024 1st Week MCQ (Eng) by AC

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Current Affairs Weekly Q&A PDF – August 2024 1st Week
(1 - 8)
NATIONAL AFFAIRS

1. Recently, the Ministry of Earth Sciences (MoES) celebrated its 18th Foundation Day on
__________________ at its headquarters in Prithvi Bhavan, New Delhi.
1) 5th June 2024
2) 1st May 2024
3) 27th July 2024
4) 19th April 2024
5) 25th March 2024
Answer- 3) 27th July 2024
Explanation:
The Ministry of Earth Sciences (MoES) celebrated its 18th Foundation Day on 27th July, 2024 at its
headquarters in Prithvi Bhavan, New Delhi, marking nearly 20 years of significant contributions
made by MoES across all earth system sciences such as: air(atmosphere), water (hydrosphere), land
(lithosphere), solid earth(cryosphere), life (biosphere) and their interactions, shows its
commitment towards scientific and technological progress.
• The Department of Ocean Development (DOD), was created in July 1981 as a part of the
Cabinet Secretariat directly under the charge of the Prime Minister(PM) of India. It came into
existence as a separate department in March 1982.
• In February 2006, the government of Inida notified DOD as the Ministry of Ocean Development.
• In July 2006, the Ministry of Ocean Development was reorganized as Ministry of Earth Sciences
(MoES) through the Presidential notification.
• The MoES launched 4 important publications for public utility and benefit on the occasion of its
18th Foundation Day:
Option Revision:
1.Covered in June 2024: 5th June 2024
Software Technology Parks of India (STPI), an autonomous society under the Ministry of Electronics
and Information Technology (MeitY), celebrated its 33rd Foundation Day on 5th June 2024 at a
special event held in New Delhi, Delhi.
2.Covered in May 2024: 1st May 2024
On May 1, 2024, the Army Dental Centre of Research & Referral (ADC R&R), Delhi, a specialist dental
care raised on May 1, 1999, commemorated its 25th anniversary (Silver Jubilee). During the event, a
Special Postal Cover by the Army Postal Service was unveiled by Lieutenant General MK Katiyar,
General Officer Commanding in Chief (GoC-in-C), Western Command.
4.Covered in April 2024: 19th April 2024
The Insurance Regulatory and Development Authority of India (IRDAI), the statutory body of
insurance companies and intermediaries in India, marked the celebration of its Silver Jubilee(25 year)
on 19th April 2024. IRDAI was formed as a statutory body under the IRDAI Act, 1999 and was
incorporated on 19th April 2000.

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Dear Aspirants,
We have introduced a new explanation section called “Option Revision”
Exclusively on our Daily CA App Quiz. It will help aspirants to revise last 4
months CA via options. The news theme, relevant topic, and importance are
taken into consideration when choosing an option.
Question No. 1 gives you preview about option revision., Aspirants can get
option revision for rest of questions on our Daily CA App Quiz(Explanation
part)

We would like to notify you that all kind of Question & Answer (Q&A) PDF
for paid subscribers will be discontinued from December 31 2024.
Subscribers can attend the Quiz as Usual!!!

2. The Ministry of Power has recently (in July 24) inaugurated the National Feeder Monitoring
System (NFMS) Control Centre on REC Limited’s 55th Foundation Day at ____________.
1) Bengaluru, Karnataka
2) Gurugram, Haryana
3) Pune, Maharashtra
4) Jhakri, Himachal Pradesh
5) Mumbai, Maharashtra
Answer- 2) Gurugram, Haryana
Explanation:
On July 25 2024, Union Minister Manohar Lal, Ministry of Power (MOP) and Ministry of Housing and
Urban Affairs (MoHUA) inaugurated the National Feeder Monitoring System (NFMS) Control Centre
on REC Limited’s 55th Foundation Day at Gurugram, Haryana.
i.NFMS is a flagship initiative of the MoP, provides real-time access to complete information on
power supply hours, outages, and overall health of about 2.5 lakh feeders (11 Kilovolts (KV)
outgoing) across India.
ii.It will allow stakeholders to make informed and actionable decisions, increasing transparency,
efficiency, and accountability in Distribution Companies (DISCOMS), ultimately enhancing the quality
and reliability of power supply to end users.

3. In July 2024, Uttar Pradesh (UP) Finance Minister Suresh Kumar Khanna presented a
supplementary budget of ________ for the Financial Year 2024-25 (FY25).
1) Rs16,582.45 crore
2) Rs 14,264.68 crore
3) Rs 11,481.27 crore
4) Rs 12,909.93 crore
5) Rs 17,694.35 crore
Answer- 4) Rs 12,909.93 crore

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Explanation:
On July 30, 2024, the Finance Minister of Uttar Pradesh (UP) Suresh Kumar Khanna presented a
supplementary budget of Rs 12,909.93 crore for the Financial Year 2024-25 (FY25), which is 1.66%
of the original Budget (of Rs 7.36 lakh crore) presented in February 2024.
• Aim: To bolster key sectors such as industrial development, energy, and education.
• The supplementary budget includes an expenditure of Rs 4,227.94 crore on the revenue
account and Rs 7,981.99 crore on the capital account.
• Rs 7,500.18 crore allocated to drive growth and infrastructure improvements in the
industrial sector.
• Rs 2,000 crore budgeted for the energy department to enhance the state’s energy resources
and infrastructure.

4. In July 2024, the Karnataka government has approved the proposal of renaming the
Ramanagara district as _______.
1) Bengaluru North district
2) Bengaluru West district
3) Bengaluru East district
4) Bengaluru Central district
5) Bengaluru South district
Answer- 5) Bengaluru South district
Explanation:
On 26th July 2024, The Karnataka government has approved the proposal of renaming the
Ramanagara district as ‘Bengaluru South district’. The renaming was proposed in response to the
local demand for association with ‘Brand Bengaluru’.
i.The district includes Ramanagara, Magadi, Kanakapura, Channapatna and Harohalli taluks.
ii.Ramanagara town, 50 kilometres (km) from Bengaluru, would continue serve as the district
headquarters.

5. Union Communications Minister Jyotiraditya M Scindia recently (in August ‘24) inaugurated
the Network Operations Centre (NOC) at _______________ in New Delhi, Delhi.
1) Centre for Development of Advanced Computing(C-DAC)
2) National Informatics Centre (NIC)
3) Centre for Development of Telematics (C-DOT)
4) National Remote Sensing Centre (NRSC)
5) Bharat Electronics Limited (BEL)
Answer- 3) Centre for Development of Telematics (C-DOT)
Explanation:
Union Minister Jyotiraditya M Scindia, Ministry of Communications (MoC) and Ministry of
Development of North Eastern Region (MDoNER) along with the Union Minister of State(MoS)Dr
Pemmasani Chandra Sekhar, MoC and Ministry of Rural Development (MoRD) has inaugurated the
Network Operations Centre (NOC) at the Centre for Development of Telematics (C-DOT), New Delhi,
Delhi.
• The NOC hosts indigenously developed security infrastructure for the purpose of identifying
and tracking cyber threats in the telecom network in India.

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• M Scindia also made a pilot 5G(the fifth-generation technology) call on the Bharat Sanchar
Nigam Limited (BSNL) live network, where this 5G call was made using the indigenously
designed 5G radio and 5G core Non-Stand Alone(NSA).

6. The Telecom Regulatory Authority of India (TRAI) has released revised standards of quality
of service for access and broadband services with effect from ___________.
1) 1st January 2025
2) 1st October 2024
3) 1st December 2024
4) 1st November 2024
5) 1st April 2025
Answer- 2) 1st October 2024
Explanation:
On 2nd August 2024, the Telecom Regulatory Authority of India (TRAI) released revised regulations
namely, ‘The Standards of Quality of Service of Access (Wirelines and Wireless) Service
Regulations, 2024 (06 of 2024)’. These revised regulations are applicable for access (fixed and
mobile) and broadband services.
• These regulations will come into effect on 1st October 2024.
• It has mandated the service providers to display technology (2G/3G/4G/5G) wise mobile
coverage maps on their website to enable users or consumers to make informed decisions.
• TRAI has decided to collect performance against certain parameters such as: network
availability, call drop, voice packet drop rate in uplink and downlink, among others on cell
level. Click here to read more

7. In August 2024, the Cabinet Committee on Economic Affairs (CCEA) approved 8 National
High-Speed Road Corridor projects, with a length of 936 kilo meters (km) for ___________ across
India.
1) Rs 19,744 crore
2) Rs 86,000 crore
3) Rs 50,655 crore
4) Rs 70,163 crore
5) Rs 32,000 crore
Answer- 3) Rs. 50,655 crore
Explanation:
The Cabinet Committee on Economic Affairs (CCEA)
chaired by the Prime Minister (PM) Narendra Modi has
approved 8 National High-Speed Road Corridor
projects with a length of 936 kilometers (km) for Rs.
50,655 crore across India.
• The implementation of these projects is likely to
create an estimated 4.42 crore man-days of
direct and indirect employment.
• The Union Cabinet has approved a series of
significant amendments to banking laws, including the increase in the number of nominees
per deposit account up to 4, and the introduction of “successive and simultaneous”

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nominations to allow joint account holders and the heirs to access funds after an account
holder’s death.
• Shareholders with holdings up to Rs 2 crore will now be considered to have substantial
interest, up from the previous Rs 5 lakh limit. Click here to read more

8. According to the recent (August ‘24) notification from the Government of India(GoI), Central
Public Sector Enterprises (CPSEs), Public Sector Banks (PSBs), and Financial Institutions (FIs)
are required to increase their public shareholding to at least ________ by August 1, 2026.
1) 10%
2) 30%
3) 15%
4) 25%
5) 18%
Answer- 4) 25%
Explanation:
The government has extended the deadline for the Central Public Sector Enterprises (CPSEs), Public
Sector Banks (PSBs), and Financial Institutions (FIs) to adhere to the Minimum Public Shareholding
(MPS) norms until August 2026. This extension allows CPSEs, PSBs, and FIs to increase their public
shareholding to at least 25% by 1 August 2026.
• The Ministry of Finance (MoF) issued a memorandum granting this exemption in the public
interest. As per the earlier order, the two-year exemption was to end on August 1, 2024.
• As of March 31, 2024, 7 out of 12 PSBs are compliant with the MPS norm, including State
Bank of India (SBI), Punjab National Bank (PNB), Canara Bank, Bank of Baroda, Indian
Bank, Union Bank of India (UBI), and Bank of India (BoI).
• State-owned Life Insurance Corporation of India (LIC) has been given until May 16, 2027, to
achieve a 10% public shareholding.

9. Which of the following points is/are ‘correct’ with respect to the budget presented by the
Puducherry Chief Minister(CM) N Rangasamy for the fiscal year 2024-2025 (FY25) on 2nd
August 2024?
A) Puducherry CM N Rangasamy presented a tax-free budget of Rs 12,700 crore for the fiscal
year 2024-2025 (FY25).
B) Central assistance, including the State Disaster Relief Fund (SDRF), is estimated at Rs
3,268.98 crore.
C) Revenue expenditure is allocated Rs 10,969.80 crore, while capital expenditure is Rs
1,730.20 crore.
1) Only A & B
2) Only A & C
3) Only B & C
4) Only A
5) All A, B & C
Answer- 5) All A, B & C
Explanation:
i.On August 2, 2024, Puducherry Chief Minister Natesan Krishnasamy Rangasamy (N Rangasamy),
who also holds the Finance portfolio, presented a tax-free budget of Rs 12,700 crore for the fiscal year

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2024-2025 (FY25) at the 15th Legislative Assembly in White Town, Puducherry. This marked his
fourth budget.
ii.Central assistance, including the State Disaster Relief Fund (SDRF), is estimated at Rs 3,268.98
crore.
iii.Revenue expenditure is allocated Rs 10,969.80 crore, while capital expenditure is Rs 1,730.20
crore.
iv.The Central road fund is estimated at Rs 20 crore, with Centrally-sponsored schemes allocated Rs
430 crore.Click here to read more

10. Which Indian ministry has recently (in August ‘24) introduced new Standard Operating
Procedures (SOPs) to facilitate the seamless transportation of human organs by air, road, rail,
and waterways?
1) Ministry of Road Transport and Highways
2) Ministry of Health and Family Welfare
3) Ministry of Railways
4) Ministry of Civil Aviation
5) Ministry of Home Affairs
Answer- 2) Ministry of Health and Family Welfare
Explanation:
The Ministry of Health and Family Welfare (MoHFW) has introduced Standard Operating Procedures
(SOPs) for the seamless transportation of human organs via air, road, rail, and waterways.
• The primary goal is to expedite the transport of live organs between hospitals or cities,
addressing the critical need for timely delivery due to the organ’s limited shelf life and the
complexity of coordinating multiple agencies.
The SOPs provide guidelines for transporting organs when donors and recipients are in different
locations, including priority measures for air travel, such as special arrangements for medical
personnel and “green corridors” for ambulances.

11. In August 2024, the Government of India(GoI) declared Adichunchanagiri in ____________ as


Peacock Sanctuary.
1) Uttar Pradesh
2) Maharashtra
3) Uttarakhand
4) Karnataka
5) Kerala
Answer- 4) Karnataka
Explanation:
Union Minister Bhupender Yadav, Ministry of Environment, Forest, and Climate Change (MoEF&CC),
announced that the central government has declared the Choolannuar in Kerala and
Adichunchanagiri in Karnataka as Peacock Sanctuaries.
• Breeding and conservation centers have been established by the MoEF&CC to protect
Peacocks, the National Bird of India, since 1963.
• In 1963, the peafowl was declared the national bird of India because of its rich religious
and legendary involvement in Indian traditions.
• It is fully protected under the Indian Wildlife Protection) Act, 1972.

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12. Who is the current (as of August ‘24) chairperson of the National Institute of Public
Cooperation and Child Development (NIPCCD)?
1) K. Radhakrishnan
2) Annpurna Devi
3) Vijay Kumar Saraswat
4) Soumya Swaminathan
5) Apurva Chandra
Answer- 2) Annpurna Devi
Explanation:
The Ministry of Women and Child Development (MWCD), Government of India (GoI) has
reconstituted the Executive Council (EC) and General Body (GB) of the National Institute of Public
Cooperation and Child Development (NIPCCD) after more than 50 years.
• The reconstitution was approved during a meeting of the EC and a special meeting of the
GB of NIPCCD held at Vigyan Bhawan, New Delhi, Delhi, under the chairpersonship of
Union Minister Annpurna Devi, MWCD.
• The NIPCCD is an autonomous institute under the MWCD. It is erstwhile known as the
Central Institute of Research and Training in Public Cooperation, under the aegis of the
Planning Commission.
• The GB now has 22 members, down from 94, and the EC has 13 members, down from 21.
• Union Minister Annpurna Devi is the the President of the GB and Chairperson of EC.

13. Which of the following does not belong to the four pillars of the newly introduced Quality
Council of India's (QCI) Surajya Recognition & Ranking Framework??
1) Shiksha
2) Swasthya
3) Samriddhi
4) Sushasan
5) Kisan
Answer- 5) Kisan
Explanation:
The Quality Council of India (QCI), an autonomous body set up by the Ministry of Commerce and
Industry (MoC&I), is introducing the QCI Surajya Recognition & Ranking Framework, designed to
drive excellence among states to improve citizens’ quality of life for Viksit Bharat.
• This framework is categorised under 4 pillars namely, Shiksha (Education), Swasthya
(Health), Samriddhi (Prosperity), and Sushasan (Governance).
• The Surajya Recognition acknowledges the outstanding performance and commitment to
quality by states and organisations in these 4 vital areas.Click here to read more

14. Which Programme/ scheme has recently (in August ‘24) launched the ‘Million Designers,
Billion Dreams’ initiative in collaboration with Leap Designs?
1) Aspirational Blocks Programme
2) PM Mahila Shakti Kendra scheme
3) Mahila Samridhi Yojana
4) Deendayal Antyodaya Yojana–National Rural Livelihoods Mission
5) One Stop Centre (OSC) scheme

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Answer- 4) Deendayal Antyodaya Yojana–National Rural Livelihoods Mission
Explanation:
On 6th August 2024, the Deendayal Antyodaya Yojana–National Rural Livelihoods Mission (DAY-
NRLM) launched the ‘Million Designers, Billion Dreams’ initiative in collaboration with Leap
Designs. This initiative aims to empower individuals across India with systems design know-how to
tackle complex societal challenges.
• The launch event was chaired by Charanjit Singh, Additional Secretary, Rural Livelihoods
(RL), Ministry of Rural Development (MoRD).

INTERNATIONAL AFFAIRS

1. Which organization has recently(in July ‘24) issued its first-ever joint ministerial declaration
to enhance the taxation of ultra-high-net-worth individuals?
1) G7 or Group of 7
2) Shanghai Cooperation Organisation (SCO)
3) United Nations (UN)
4) World Trade Organization (WTO)
5) G20 or Group of 20
Answer- 5) G20 or Group of 20
Explanation:
The Group of Twenty (G20) finance ministers and central bankers issued the first-ever joint
ministerial declaration on taxation, The Rio de Janeiro G20 Ministerial Declaration on
International Tax Cooperation, committing to effective taxation of “ultra-high-net-worth
individuals.”
• It was adopted during the Communiqué of the 3rd G20 Finance Ministers and Central
Bank Governors Meeting held in Rio de Janeiro, Brazil. This declaration emphasized
cooperative engagement while respecting tax sovereignty.
• Brazil, holding the G20 Presidency proposed a 2% minimum tax on the worlds richest
billionaires, making it a top priority for the upcoming G20 summit from November 18 to 19,
2024 in Rio de Janeiro, Brazil.

2. Which country has recently (in July 2024) become an associate member of the Caribbean
Community (CARICOM)?
1) Dominican Republic
2) Jamaica
3) Belize
4) Benin
5) Curacao
Answer- 5) Curacao
Explanation:
Curaçao has become the 6th Associate Member of the Caribbean Community (CARICOM), the
oldest surviving integration movement in the developing world.
• The agreement was signed by Chairman of CARICOM Dickon Mitchell, (Prime Minister (PM)
of Grenada) and Gilmar Simon Pisas, PM of Curaçao, during the opening ceremony of the

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47th Regular Meeting of the Conference of Heads of Government held in St. George’s,
Grenada.
• With this, CARICOM now consists of 15 full member countries and 6 associate members.

3. Which country has recently (in August 2024) joined the United Nations Command (UNC) in
South Korea as its 18th Member State?
1) India
2) Philippines
3) Germany
4) Canada
5) Poland
Answer- 3) Germany
Explanation:
On 2nd August 2024, the Federal Republic of Germany (FRG) officially joined the United States of
America (USA) led-United Nations Command (UNC) at Pyeongtaek, south of Seoul in South Korea.
• Germany became the 18th member state of UNC, a group that helps police the heavily
fortified border with North Korea and has committed to defend the South in the event of
war.
• This marks the 1st UNC expansion since Italy was reinstated in 2013.
• UNC was established on 7th July, 1950, after UN recognised the aggression of North Korea
against South Korea.

GOVT SCHEMES

1. In July 2024, the Ministry of State for Skill Development and Entrepreneurship launched an
enhanced ‘Model Skill Loan Scheme’ with an increased maximum loan limit to __________ from Rs
1.5 lakh.
1) Rs 8 lakh
2) Rs 29.6 lakh
3) Rs 7.5 lakh
4) Rs 5 lakh
5) Rs 17.4 lakh
Answer- 3) Rs 7.5 lakh
Explanation:
Union Minister of State(MoS) Jayant
Chaudhary(Independent Charge/IC), Ministry of State
for Skill Development and Entrepreneurship(MSDE) has
launched an enhanced ‘Model Skill Loan Scheme’ for
skill development courses with an increased maximum
loan limit to Rs 7.5 lakh from Rs 1.5 lakh.
• It was announced in the Union Budget 2024-
2025, the revised scheme aims to benefit
25,000 students annually.
• Aim: To bridge that gap by ensuring that ambitious candidates receive the financial support
they require to pursue their skill training.

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• Model Skill Loan Scheme builds upon the Credit Guarantee Fund Scheme for Skill
Development (CGFSSD), launched in 2015 faced multiple challenges.

2. Which of the following points is/are ‘correct with respect to the recent(in July ‘24) renaming
of the welfare schemes by the Andhra Pradesh(AP) Government?
A) Talliki Vandanam: The scheme formerly known as ‘Jagananna Amma Vodi’, offers financial
aid to mothers for their children’s education.
B) Dokka Seethamma Madhyahana Badi Bojanam: The scheme formerly known as ‘Jagananna
Gorumudda’ , is a mid-day meal scheme for public school students.
C) Mana Badi-Mana Bhavishyaktu: The scheme formerly known as ‘Mana Badi Nadu Nedu’
focuses on school renovation.
1) Only A & B
2) Only A & C
3) Only B & C
4) Only B
5) All A, B & C
Answer- 5) All A, B & C
Explanation:
The Education Department of the Andhra Pradesh(AP) Government has renamed 6 student
welfare schemes, previously named after former Chief Minister (CM) of AP, Yeduguri Sandinti (YS)
Jagan Mohan Reddy, with the names of eminent personalities in the field of education, reflecting
significant contributions to education.
• AP’s ruling Telugu Desam Party (TDP) government has replaced these names with the name
of notable personalities, including Sarvepalli Radhakrishnan, Avul Pakir Jainulabdeen
(APJ) Abdul Kalam, and Dokka Seethamma.
• Talliki Vandanam: The scheme formerly known as ‘Jagananna Amma Vodi’, offers financial
aid to mothers for their children’s education.
• SarvepalliRadhakrishnan Vidya Mitra: The scheme formerly known as ‘Jagananna Vidya
Kanuka’, provides education kits including school bags and books.
• Dokka Seethamma Madhyahana Badi Bojanam: The scheme formerly known as
‘Jagananna Gorumudda’ , is a mid-day meal scheme for public school students.
• Mana Badi-Mana Bhavishyaktu: The scheme formerly known as ‘Mana Badi Nadu Nedu’
focuses on school renovation.
• Balika Raksha: The scheme formerly known as ‘Sweccha’, provides free sanitary napkins
for female students.
• Abdul Kalam Prathiba Puraskaram: The scheme formerly known as ‘Jagananna
Animutyalu’ provide financial rewards to government school students who topped
examination.

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VISITS

1. In July 2024, India extended two Lines of Credit (LoC) totaling _________ to Vietnam to
strengthen its maritime security during the Indian visit of Vietnam Prime Minister (PM) Pham
Minh Chinh.
1) USD 50 million
2) USD 500 million
3) USD 135 million
4) USD 300 million
5) USD 210 million
Answer- 4) USD 300 million
Explanation:
The Prime Minister(PM) of Vietnam H.E. Pham Minh Chinh paid a State Visit to India from 30 July to
1 August 2024, at the invitation of Narendra Modi PM of India to deepen comprehensive strategic
partnership and enhance cooperation between the two countries.
• In a sign of their growing strategic partnership, India has extended two Lines of Credit (LoC)
amounting to USD 300 million to Vietnam to bolster the country’s maritime security.
• India and Vietnam agreed on a new plan of action, which will be implemented over the next
five years (2024-2028) to strengthening bilateral trade and economic cooperation.
• India and Vietnam joined hands to Preserve Maritime History with National Multifamily
Housing Council (NMHC) in Lothal, Gujarat.
• PM Modi and Vietnam PM Pham Minh Chinh virtually inaugurated the Army Software Park in
the Telecommunications University in Nha Trang, Vietnam.Click here to read more

BANKING AND FINANCE

1. Which bank has recently (in July ‘24) signed a USD 200 million loan agreement with the
Government of India (GoI) to enhance solid waste management and sanitation in 100 cities
across 8 states in India?
1) National Bank for Agriculture and Rural Development (NABARD)
2) Reserve Bank of India (RBI)
3) International Finance Corporation (IFC)
4) Asian Development Bank (ADB)
5) Japan International Cooperation Agency (JICA)
Answer- 4) Asian Development Bank (ADB)
Explanation:
The Government of India (GoI) has signed a USD 200 million loan agreement with Asian
Development Bank (ADB) to enhance solid waste management and sanitation in 100 cities across 8
states in India.
• The loan agreement is part of the Swachh Bharat Mission(SBM) 2.0 - Comprehensive
Municipal Waste Management in Indian Cities Program.
• This loan arrangement will support the objectives of Swacch Bharat (Clean India)
Mission- Urban 2.0, is an initiative led by GoI which aims to make all Indian cities to be

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garbage free by 2026, by enhancing sanitation and solid waste management infrastructure
including waste segregation, collection and disposal.

2. Which organisation reported the increase in the Digital Payments Index (RBI-DPI) to 445.5
at the end of March 2024, reflecting a 12.6% year-on-year growth?
1) Reserve Bank of India
2) Mirae Asset Investment Managers (India) Pvt. Ltd
3) NSE Indices Limited
4) MSCI Inc
5) International Financial Services Centres Authority
Answer- 1) Reserve Bank of India
Explanation:
The Reserve Bank of India (RBI)’s Digital Payments Index (RBI-DPI) increased to 445.5 at the end
of March 2024, marking a 12.6% Year-on-Year (Y-o-Y) increase compared to March 2023 across all
parameters. It was 418.77 in September 2023 and 395.57 in March 2023.
• RBI-DPI measures the adoption and extent of online transactions across India.
• The current showcases a continuous rise in digital payment adoption.
• The RBI introduced the RBI-DPI in January 2021, with March 2018 as the base year, to estimate
the digitization of payments across India.

3. Which organisation/Bank has recently (in July 2024) entered into a co-lending partnership
with C2treds and UGRO Capital to facilitate loans to the Micro, Small and Medium Enterprises
(MSMEs) sector?
1) State Bank of India
2) Receivables Exchange of India Limited
3) Small Industries Development Bank of India
4) National Small Industries Corporation Limited
5) Axis Bank
Answer- 3) Small Industries Development Bank of India
Explanation:
The Small Industries Development Bank of India (SIDBI) has entered into a co-lending partnership
with C2treds, a strategic initiative by C2FO, the world’s on-demand working capital platform, and
UGRO Capital, a data technology Non-Banking Financial Company (NBFC), to facilitate loans to the
Micro, Small and Medium Enterprises (MSMEs) sector.
• These partnerships are established under the Reserve Bank of India’s (RBI) co-lending
framework, designed to leverage the strengths of banks and NBFCs to boost priority sector
lending.
• SIDBI has onboarded C2treds, an RBI-approved Trade Receivables Discounting System
(TReDS) platform by C2FO. This collaboration aims to improve liquidity for MSMEs at
competitive interest rates.

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4. Which organisation has recently (in July 2024) collaborated with the Bank of India (BOI) to
facilitate easy financing for rooftop solar installations and the establishment of Electric Vehicle
(EV) charging stations?
1) Energy Efficiency Services Limited(EESL)
2) Adani Green Energy Limited (AGEL)
3) AmpIn Energy Transition Private Limited
4) JSW Neo Energy Limited (JSW Neo)
5) Tata Power Solar Systems Limited (TPSSL)
Answer- 5) Tata Power Solar Systems Limited
(TPSSL)
Explanation:
On 26th July 2024, Tata Power Solar Systems Limited
(TPSSL), a wholly-owned subsidiary of Tata Power
Renewable Energy Limited (TPREL), announced that it has collaborated with Bank of India (BOI),
Indian Public Sector Bank (PSB) to facilitate easy financing for rooftop solar installations and
establishment of Electric Vehicle (EV) charging stations.
• For installations up to 3KW: Under Pradhan Mantri (PM) Surya Ghar Muft Bijli Yojana,
residential customers can avail loan up to Rs 2 lakh at an annual interest rate of 7.10%, with a
margin money requirement of 5%.
• For installations from 3KW to 10KW: Eligible applicants can avail loans up to Rs 6 lakh with
margin money requirement of 5%. Interest rate ranges from 8.3% to 10.25% per annum, and
these are also collateral-free with tenure of up to 10 years.
• All UDYAM-registered MSME customers can avail a loan of up to Rs 30 crore at an interest of
9.35% per annum, with margin money requirement of 15%.

5. Which of the following points is/are ‘correct with respect to the Reserve Bank of India’s
(RBI) Report on Currency and Finance(RCF) for 2023-24?
A) India’s digital economy is currently at 10% of the Gross domestic product (GDP) and is
expected to double to 20% by 2026.
B) Digital payments have seen a Compound Annual Growth Rate (CAGR) of 40% in volume and
20% in value terms in the last seven years (between 2017-18 and 2023-24).
C) The theme for the RCF 2023-24 report is “India’s Digital Revolution”.
1) Only A & B
2) Only A & C
3) Only B & C
4) Only B
5) All A, B & C
Answer- 2) Only A & C
Explanation:
The Reserve Bank of India (RBI) has released its ‘Report on Currency and Finance (RCF) for 2023-
24’ on 29th July 2024. The report highlights the challenges that an economy faces by the rapid
adoption of digital technologies in the financial sector.
• The theme for the RCF 2023-24 report is “India’s Digital Revolution”.
i.According to the RCF 2023-24, India’s digital economy currently at 10% of the Gross domestic
product (GDP) and is expected to double to 20% by 2026.

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ii.Digital payments have seen a Compound Annual Growth Rate (CAGR) of 50% in volume and 10% in
value terms in the last seven years (between 2017-18 and 2023-24).
iii.India is expected to be the world’s leading supplier of labour, which will increase the remittances to
around USD 160 billion in 2029 from USD 115 billion in 2023.Click here to read more

6. In July 2024, Securities and Exchange Board of India (SEBI) Chairman Madhabi Puri Buch
launched India’s first website for passive funds at ____________.
1) Indian Energy Exchange Limited
2) India International Bullion Exchange IFSC Limited
3) National Stock Exchange
4) BSE Limited
5) Receivables Exchange of India Limited
Answer- 3) National Stock Exchange
Explanation:
On 30th July 2024, Madhabi Puri Buch, Chairman, Securities and Exchange Board of India (SEBI)
launched India’s first website for passive funds at the National Stock Exchange (NSE), to facilitate a
comprehensive platform for retail investors and enable them to easily access information and
understand the Indian passive industry.
• Apart from launch of website for passive funds, she also unveiled report on the capital
markets titled “Indian Capital Markets: Transformative shifts achieved through
technology and reforms”.
• The report is developed by NSE Data Analytics, which covered major technological
advancements and regulatory reforms that have impacted the Indian capital markets.Click
here to read more

7. Which company has recently (in july ‘24) received the composite insurance broking licence
from the Insurance Regulatory and Development Authority of India (IRDAI)?
1) Muthoot Microfin Limited
2) Covrzy
3) Mahindra & Mahindra Financial Services Limited
4) InsuranceDekho
5) Paisabazaar
Answer- 4) InsuranceDekho
Explanation:
InsuranceDekho, Gurugram(Haryana) based insurance marketplace, has received the composite
insurance broking licence from the Insurance Regulatory and Development Authority of India
(IRDAI).
• This licence allows the firm to offer reinsurance broking services alongside its existing
insurance broking offerings.
• By entering the reinsurance broking sector, InsuranceDekho aims to enhance insurance
penetration in India through deep distribution networks, digitization, diversification into
new product lines, and support for insurer partners.

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8. Which bank has recently (in August ‘24) in partnership with GOQii launched the Smart Vital
Plus smartwatch for contactless payment?
1) ICICI Bank
2) State Bank of India
3) Kotak Mahindra Bank
4) HDFC Bank
5) Axis Bank
Answer- 3) Kotak Mahindra Bank
Explanation:
On 1st August 2024, Kotak Mahindra Bank Limited (KMBL), a leading Indian private sector bank in
partnership with smart-tech-enabled preventive healthcare platform GOQii has announced the launch
of ” Kotak-GOQii Smart Vital Plus smartwatch” , a wearable and contactless RuPay On-The-Go
payment solution, powered by National Payments Corporation of India (NPCI).
• The Kotak-GOQii Smart Vital Plus will enable its customers to make contactless payments as
well as enable them to monitor some of the health parameters.
• The introductory price of this wearable device is at Rs 3,499.
• The smartwatch is recognised as a medical device by New Delhi(Delhi) based Central Drugs
and Standard Control Organisation (CDSCO) under Ministry of Health and Family Welfare
(MoHFW).

9. Which has recently (in July ‘24) become the 1st private sector bank to launch the RuPay
Credit card with both Unified Payments Interface (UPI) and National Common Mobility Card
(NCMC) features?
1) HDFC Bank
2) RBL Bank
3) Axis Bank
4) ICICI Bank
5) YES Bank
Answer- 2) RBL Bank
Explanation:
RBL Bank (formerly known as Ratnakar Bank Limited), a leading Indian private sector bank has
launched a new RuPay Credit card, integrating it with Unified Payments Interface (UPI) and National
Common Mobility Card (NCMC) features.
• With this, RBL becomes the 1st private sector bank to offer these comprehensive features
of payment capabilities in a single card.
• The integration will enable the credit cardholders to make instant and secure payments
through UPI and can travel hassle-free with the NCMC features.

10. Which bank has recently (in July ‘24) partnered with the Society for Worldwide Interbank
Financial Telecommunications (SWIFT) to launch an artificial intelligence (AI)-driven pilot to
help combat payments fraud occurring in cross-border payments?
1) Axis Bank
2) HDFC Bank
3) Punjab and Sind Bank
4) Federal Bank

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5) ICICI Bank
Answer- 1) Axis Bank
Explanation:
The Society for Worldwide Interbank Financial Telecommunications (SWIFT) has partnered with
Axis Bank, a leading Indian Private Sector Bank (PSB) to launch an Artificial Intelligence (AI)-driven
pilot, to prevent the payments frauds occurring in cross-border payments.
• The AI-driven pilot is expected to provide a secure infrastructure that will allow financial
institutions to exchange important information with strong privacy-preserving models.
• The initiative involves global banks such as Bank of New York Mellon Corporation (BNY
Mellon) (USA), Deutsche Bank AG (Germany), De Nederlandsche Bank (DNB) (Norway),
HSBC Holdings plc (United Kingdom-UK), Intesa Sanpaolo (Italy) and Standard Bank (South
Africa), utilizing secure data collaboration and federated learning technologies.
• The pilot will use AI algorithms to examine historical transaction data and will detect any
sort of anomaly that indicates fraud.

11. Which fintech company recently(in July ‘24) launched India's first Near Field
Communication (NFC) Card Sound Box in July 2024, integrating NFC card payment technology
with mobile QR payments?
1) BharatPe
2) Razorpay
3) Paytm
4) PayU
5) PhonePe
Answer- 3) Paytm
Explanation:
Noida-based (Uttar Pradesh, UP) One 97 Communications Limited (OCL), Paytm‘s parent company
launched India’s first Near Field Communication (NFC) Card Sound Box, a two-in-one mobile Quick
Response(QR) payment device which combines NFC card payment technology with mobile QR
payments.

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• The Paytm NFC Card Sound Box will provide a cost-effective solution for offline merchants
and allows customers to make payments by tapping a debit or credit card or scanning a QR
code.
• It features an instant audio confirmation and a display screen for transaction amounts and
long-lasting battery life of up to 10 days.
• The merchants can accept NFC-based debit and credit cards and receive mobile payments from
any UPI app with a single device.

12. Which of the following regulated entities (REs) were covered by the Reserve Bank of India’s
(RBI) Master Directions on Fraud Risk Management issued in July 2024?
A) Non-Banking Finance Companies(NBFCs) (including Housing Finance Companies(HFCs))
B) Cooperative Banks (Urban Cooperative Banks(UCBs) / State Cooperative Banks(StCBs) /
Central Cooperative Banks(CCBs))
C) Commercial Banks(CBs)[including Regional Rural Banks(RRBs) and All India Financial
Institutions (AIFIs)]
1) Only A & B
2) Only A & C
3) Only B & C
4) Only B
5) All A, B & C
Answer- 5) All A, B & C
Explanation:
On July 15, 2024, the Reserve Bank of India(RBI) issued 3 Master Directions(MD) on Fraud Risk
Management for the Regulated Entities(RE) such as commercial banks including regional rural
banks and All India Financial Institutions; urban, state and central cooperative banks; and non-
banking finance firms and housing finance companies to replace the previous guidelines and
consolidating 36 existing circulars.
• Aim: To provide a robust framework for the prevention, early detection, and timely
reporting of frauds in REs.
• The directions mandate REs to comply with principles of natural justice in a time-bound
manner before classifying persons/entities as fraud, taking into account the March 2023
Supreme Court(SC) Judgement on State Bank of India(SBI) versus Rajesh Agarwal.
The RBI released MD on Fraud Risk Management in
• Non-Banking Finance Companies(NBFCs) (including Housing Finance Companies(HFCs))
• Cooperative Banks (Urban Cooperative Banks(UCBs) / State Cooperative Banks(StCBs) /
Central Cooperative Banks(CCBs))
• Commercial Banks(CBs)[including Regional Rural Banks(RRBs) and All India Financial
Institutions (AIFIs)]Click here to read more

13. The Government of India (GoI) and the World Bank (WB) has recently (in August ‘24)
signed a __________ agreement to construct the Green National Highway Corridors Project
(GNHCP).
1) USD 60 million
2) USD 500 million
3) USD 200 million

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4) USD 50 million
5) USD 100 million
Answer- 2) USD 500 million
Explanation:
On 1st August 2024, Union Minister Nitin Gadkari, Ministry of Road Transport and Highways
(MoRTH) announced that the Government of India (GoI) and the World Bank (WB) have signed a
USD 500 million agreement to construct the Green National Highway Corridors Project (GNHCP).
• The project aims to deploy a safe and green highway using green technologies and climate
resilience methodology.
• MoRTH also informed that the scheduled date for the final completion of the GNHCP project
is May 2026.
• The World Bank will support the project by providing a loan assistance of USD 500 million,
contributing to the total project cost of USD 1288.24 million (which is equivalent to Rs
7,662.47 crore).

14. Which of the following entities has recently (in August ‘24) received ‘Fit & Proper’
certificate from Reserve Bank of India (RBI) for the acquisition of the Industrial Development
Bank of India (IDBI) Limited?
A) Emirates NBD Bank
B) State Bank of India
C) Kotak Mahindra Bank Limited
1) Only A & B
2) Only B & C
3) Only A & C
4) Only B
5) All A, B & C
Answer- 3) Only A & C
Explanation:
The Reserve Bank of India (RBI) has issued ‘Fit & Proper’ certificates to 3 potential suitors for
Industrial Development Bank of India (IDBI) Limited, thus paving the way for possible acquisition of
the bank.
• The potential suitors are Fairfax Financial Holdings Limited, Toronto(Canada); Emirates
NBD Bank, Dubai(the United Arab Emirates(UAE)) and Kotak Mahindra Bank Limited
(KMBL), Mumbai(Maharashtra).
• IDBI has received final approval from RBI for the ‘Fit & Proper’ criteria for privatization, and
potential bidders for the strategic sale are expected to begin the process of due diligence
early August, 2024.
• The Government of India (GoI) and the Life Insurance Corporation of India (LIC) jointly
holds around 94% stake in IDBI Bank. LIC as a promoter of IDBI Bank holds 49.24% while,
the GoI as co-promoter holds 45.48% stake in IDBI Bank.

15. Which Indian firm has recently (in August ‘24) partnered with Vested Finance Inc. to offer
access to global investing for Indians and Non-Resident Indians (NRIs)?
1) Edelweiss Asset Reconstruction Company Limited
2) Axis Securities Limited

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3) ECL Finance Company Limited
4) Motilal Oswal Asset Management Company Limited
5) HDFC Securities Limited
Answer- 5) HDFC Securities Limited
Explanation:
HDFC Securities Limited, a wholly-owned subsidiary of HDFC Bank Limited has partnered with
Vested Finance Inc., a United States of America (USA)-based investment platform, to democratize
global investing for Indians and Non-Resident Indians (NRIs) through Global Investing 2.0.
• With Global Investing 2.0, HDFC securities will empower investors with the tools and access
needed to expand their investments.
• This partnership will provide investors with augmented protection, innovative features, and
deep portfolio diversification.
• Adherence to the USA regulations and Reserve Bank of India’s(RBI’s)Liberalized Remittance
Scheme, enabling Indian residents to invest up to USD 250,000 annually.

16. In July 2024, Reserve Bank of India (RBI) granted ________ license to 3 merchant payment
companies namely IndiaIdeas.com Limited (BillDesk), Amazon Pay (India) Private Limited, and
global payments major Adyen India Technology Services Private Limited.
1) Prepaid Payment Instruments (PPIs)
2) Third-Party App Provider (TPAP)
3) Certificate of Registration(CoR)
4) Payment Aggregator- Cross Border(PA-CB)
5) Corporate Agent(CR)
Answer- 4) Payment Aggregator- Cross Border(PA-CB)
Explanation:
Reserve Bank of India (RBI) has granted Payment- Aggregator- Cross Border (PA-CB) license to 3
merchant payment companies namely IndiaIdeas.com Limited (BillDesk), Amazon Pay (India)
Private Limited, and global payments major Adyen India Technology Services Private Limited
(Adyen).
• BillDesk received the licence for both exports and imports (PA-CB-E&I) and Amazon Pay
and Adyen received the licence for only import(PA-CB-I).
• This PA-CB license allows these companies to offer payment services for international trade
and domestic merchant payment services.
• The PA-CB license enables payment companies to offer payment services in the export-
import space, particularly for international remittances and payments for freelancers
working with global companies from India.Click here to read more

17. Which types of co-operative banks are covered under the Reserve Bank of India's revised
instructions on Bad and Doubtful Debt Reserve (BDDR) to ensure uniformity?
A) Urban Co-operative Banks
B) State Cooperative Banks
C) Primary Agricultural Credit Societies
1) Only A
2) Only B
3) Only A & C

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4) Only A & B
5) All A, B & C
Answer- 4) Only A & B
Explanation:
On 2nd August 2024, the Reserve Bank of India (RBI) issued revised instructions on Bad and
Doubtful Debt Reserve (BDDR) for co-operative banks to ensure uniformity in the treatment of this
reserve for prudential purposes.
• These revised instructions will be applicable to Urban Co-operative Banks (UCBs), State
Cooperative Banks (StCBs) and Central Cooperative Banks (CCBs), come into force with
immediate effect.
• The revised instructions will act as a one-time measure, with a view to provide rectification
and smoother transition to an AS-compliant approach.
• Banks have been mandated to identify and quantify the BDDR balances as of 31st March
2024 which were created by appropriating net profits instead of recognizing them as
expenses.
• The appropriation should be made directly (‘below the line’) from the P&L account or
General Reserves to make provisions for NPAs by 31st March, 2025.

18. Which state has recently(in August ‘24) become the first state in India to implement a
Disaster Risk Transfer Parametric Insurance Solution (DRTPS) by signing a MoU with State
Bank of India (SBI) General Insurance Company Limited?
1) Assam
2) Nagaland
3) Kerala
4) Uttarakhand
5) Himachal Pradesh
Answer- 2) Nagaland
Explanation:
On 2nd August 2024, the Government of Nagaland has signed a Memorandum of Understanding
(MoU) with State Bank of India (SBI) General Insurance Company Limited for Disaster Risk
Transfer Parametric Insurance Solution (DRTPS). With this, Nagaland becomes the 1st state in India
to implement a disaster risk management insurance solution.
• The MoU was signed for a period of 3 years (2024 to 2027) with immediate effect.
• DRTPS, a parametric multi-year risk transfer solution will help in protecting the critical
infrastructure of Nagaland and will mitigate economic losses due to a disaster.
• The insurance covers the entire Nagaland and also the government of Nagaland will pay the
insurance premium. Incase a disaster happens, the insurer will come to the rescue for 3
years.

19. With which organisation did the Thomas Cook (India) Limited partner to launch the RuPay
AED (United Arab Emirates Dirham) Forex Card for Indian travelers visiting the United Arab
Emirates (UAE)?
1) American Express
2) MasterCard
3) Visa

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4) National Payments Corporation of India
5) Diners Club
Answer- 4) National Payments Corporation of India
Explanation:
Mumbai (Maharashtra) based Thomas Cook (India) Limited (TCIL) has partnered with the National
Payments Corporation of India (NPCI) to launch RuPay AED (United Arab Emirates Dirham) Forex
Card, first RuPay Prepaid Forex Card for Indian travellers visiting the United Arab Emirates
(UAE).The card, powered by NPCI’s technology partner CARD91.
• This innovative Made in India initiative is a first-of-its-kind partnership with an Indian non-
banking entity.
• The travellers can use Thomas Cook’s RuPay(AED) card for transactions and ATM
withdrawals across the UAE.

20. Which institute has recently (in July ‘24) partnered with the Industrial Development Bank
of India Limited (IDBI) to establish the cybersecurity lab?
1) IIT Hyderabad
2) IIT Kharagpur
3) IIT Madras
4) IIT Kanpur
5) IIT Bombay
Answer- 3) IIT Madras
Explanation:
The Indian Institute of Technology-Madras (IITM), Chennai, Tamil Nadu, has partnered with the
Industrial Development Bank of India Limited (IDBI) to establish the ‘IDBI – IITM Secure Systems
Lab’ (I2SSL) to develop and deploy security solutions in healthcare, fintech and aerospace.
i.This state -of-the-art cybersecurity laboratory focuses on creating market-ready IPs in
cybersecurity, productisation and commercialisation of research work, especially for mobile
technologies.
ii.It will undertake experimental evaluation and assessment exercises, develop test cases, conduct
research, and devise hardening guidelines to help enterprises manage cybersecurity risks in real time.

21. Which insurance firm has recently (in August ‘24) launched four new products, including
Yuva Term/Digi Term and Yuva Credit Life/Digi Credit Life?
1) HDFC Life Insurance Company
2) TATA AIG General Insurance Company
3) Life Insurance Corporation of India
4) State Bank of India Life Insurance Company
5) Star Health and Allied Insurance Company
Answer- 3) Life Insurance Corporation of India
Explanation:
On August 5, 2024, the Life Insurance Corporation of India (LIC) launched four new products for the
youth of India, including LIC’s Yuva Term/Digi Term, and LIC’s Yuva Credit Life/Digi Credit Life,
which are available offline and online for sale from August 6, 2024.

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i.LIC’s Yuva Term plan is available offline. This Plan can be purchased offline through licensed
agents, corporate agents, brokers and insurance marketing firms. while the LIC’s Digi Term plan is
available online through LIC’s website. The benefits payable on death are guaranteed.
• These Non-Par, Non-Linked, Life, Individual, Pure Risk Plans are designed for young
individuals seeking early term insurance, offering the flexibility to purchase either offline or
online.
ii.LIC has introduced products to cover loan liabilities through term insurance: LIC’s Yuva Credit
Life, available offline through intermediaries, and LIC’s Digi Credit Life, available only online through
LIC’s website.
• These are Non-Par, Non-Linked, Life, Individual, Pure Risk Plans where the death benefit
decreases over the policy term.

22. In August 2024, the Securities and Exchange Board of India (SEBI) directed ________ to value
their investment in the Additional Tier-1 (AT-1) bonds issued by banks on a Yield-to-Call (YTC)
basis.
1) Portfolio Management Services (PMS)
2) Mutual Funds (MFs)
3) Foreign Portfolio Investors(FPIs)
4) Alternative Investment Funds (AIFs)
5) Social Stock Exchange (SSE)
Answer- 2) Mutual Funds (MFs)
Explanation:
On 5th August 2024, the Securities and Exchange Board of India (SEBI) has directed Mutual Funds
(MFs) to value their investment in the Additional Tier-1 (AT-1) bonds issued by banks on Yield-to-
Call (YTC) basis.
• This direction came after National Financial Reporting Authority (NFRA), submitted its report
‘On valuation methodology of AT-1 bonds’ to Department of Economic Affairs (DEA),
Ministry of Finance (MoF), has recommended that AT-1 bonds should be valued based on YTC
in order to align with market practices and Ind AS( Indian Accounting Standard) 113
principles.
• AT-1Bonds: These bonds are also known as perpetual debt instruments which are issued by
banks to raise money and to build up their core equity capital.
• Yield-to-Call (YTC): It is the expected return that a bond holder or investor will get, if the
bond is held until the call date, which will occur sometime before the bond reaches maturity.

23. Which bank has recently (in August ‘24) approved the proposal to raise up to Rs 25,000
crore through the issue of Tier-1 and Tier-2 bonds in the current fiscal year 2024–25?
1) HDFC Bank
2) ICICI Bank
3) Axis Bank
4) Punjab National Bank
5) State Bank of India
Answer- 5) State Bank of India

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Explanation:
On 3rd August 2024, the Central Board of India’s largest Public Sector Bank (PSB), State Bank of India
(SBI)- Mumbai(Maharashtra) has approved a proposal for fundraising of up to Rs 25,000 crore
through the issue of Tier-1 and Tier-2 bonds in the current fiscal year 2024-25( FY25).
i.The funds will be raised in Indian Rupee (INR) or United States Dollar (USD) and the bonds will be
Basel-III compliant, which is subject to approval of Government of India (GoI), wherever is required.
ii.The announcement was made by SBI along with its Q1 (April-June) results for FY25.

24. Which bank has recently (in August ‘24) launched a program titled ”Kisan Ka Samman” to
empower the farmers who exhibited exceptional financial discipline and promptness in their
dealings with the bank?
1) Jammu & Kashmir Bank
2) RBL Bank
3) Karnataka Bank
4) Federal Bank
5) Tamilnad Mercantile Bank
Answer- 1) Jammu & Kashmir Bank
Explanation:
On 1st August 2024, Jammu & Kashmir (J&K) Bank launched a program titled ”Kisan Ka Samman” to
empower the farmers of J&K who exhibited exceptional financial discipline and promptness in their
dealings with bank. The program will run till 30th September, 2024.
• The program was launched by Baldev Prakash, Managing Director (MD) and Chief
Executive Officer (CEO), J&K Bank along with Sudhir Gupta, Executive Director(ED), J&K
Bank and other senior officers in Srinagar, J&K.
• The program will identify those farmers who have consistently renewed their Kisan Credit
Cards (KCC) and showed financial discipline.
• An Identified Farmers will be honoured with a ‘Certificate of Appreciation (CoA)’ at
various branches, clusters and zonal levels

25. Which of the following financial institutions has recently (in August ‘24) announced the
investment of USD 275 million in Fourth Partner Energy Limited Private Limited (FPEL)?
A) International Finance Corporation (IFC)
B) Asian Development Bank (ADB)
C) DEG (Deutsche Investitions und Entwicklungsgesellschaft mbH)
1) Only A & B
2) Only A & C
3) Only B & C
4) Only A
5) All A, B & C
Answer- 5) All A, B & C
Explanation:
On August 6, 2024, Hyderabad, Telangana-based renewable energy company Fourth Partner Energy
Limited Private Limited(FPEL) has received an investment of USD 275 million (approx. Rs 2280
crore) from a consortium of three Development Financial Institutions (DFIs) comprising International

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Finance Corporation (IFC), Asian Development Bank (ADB) and DEG (Deutsche Investitions und
Entwicklungsgesellschaft mbH).
• The World Bank (WB) Group’s IFC, Washington, D.C., the United States of America(USA) is
investing USD 125 million, Philippines based ADB providing USD 100 million, and
Germany’s Investment Corporation,DEG investing USD 50 million.
• ADB’s contribution consists of two parts: USD 70 million from its ordinary capital
resources and USD 30 million from its Leading Asia’s Private sector Infrastructure Fund 2
(LEAP 2).
• This capital injection will support FPEL’s goal to expand its renewable energy portfolio to
3.5 Giga Watt (GW) by 2026.

26. In July 2024, the Reserve Bank of India (RBI) issued Master Directions on the treatment of
wilful defaulters and large defaulters to scrutinize all Non-Performing Asset (NPA) accounts
that have outstanding amounts of _______ and above.
1) Rs 20 lakh
2) Rs 10 lakh
3) Rs 25 lakh
4) Rs 15 lakh
5) Rs 30 lakh
Answer- 3) Rs 25 lakh
Explanation:
On 30th July 2024, the Reserve Bank of India (RBI) issued a Master Directions on the Treatment of
Wilful Defaulters and Large Defaulters , under which banks and Non-Banking Financial Companies
(NBFCs) are required to scrutinize all Non-Performing Asset (NPA) accounts which have outstanding
amounts of Rs 25 lakh and above for wilful default. These directions will come into effect after 90
days from the date of publication.
• Aim: To set up a transparent and non-discriminatory framework for classifying borrowers
as “wilful defaulters” and also disseminate credit information about wilful defaulters to
caution lenders against extending further finance to them.
• RBI issued these directions in exercise of powers given under section 45-L of the RBI Act,
1934, Section21, Section 35-A and Section 35-A read with Section 56 of the Banking
Regulation Act, 1949 and Section 11 of the Credit Information Companies (CICs)
(Regulation) Act, 2005.

27. Which of the following points is/are ‘correct’ with respect to the recent (in August ‘24)
amendments in the mutual fund norms by the Securities and Exchange Board of India (SEBI)?
A) As per new norms, the Asset Management Companies (AMCs) are now required to adopt an
institutional mechanism to identify and prevent front-running and insider trading in
securities.
B) SEBI has directed Association of Mutual Funds in India (AMFI) to prescribe the detailed
implementation standards within 30 days from the date of this circular
C) It will be mandatory for all AMCs to follow the detailed implementation standards issued by
AMFI.
1) Only A & B
2) Only A & C

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3) Only B & C
4) Only A
5) All A, B & C
Answer- 2) Only A & C
Explanation:
On 5th August 2024, the Securities and Exchange Board of India (SEBI) announced that it has
amended mutual fund norms through a circular issued in exercise of its powers given under Section
11 (1) of the SEBI Act, 1992, read with Regulation 25(27) and Regulation 77 of SEBI (Mutual Funds)
Regulations, 1996. These amended mutual rules will come into effect on 1st November, 2024.
• As per new norms, the Asset Management Companies (AMCs) are now required to adopt an
institutional mechanism to identify and prevent front-running and insider trading in
securities.
• SEBI has directed Association of Mutual Funds in India (AMFI),Mumbai(Maharashtra) to
prescribe the detailed implementation standards within 15 days from the date of this
circular
• It will be mandatory for all AMCs to follow the detailed implementation standards issued by
AMFI.

28. Which organisation has recently (in August 2024) entered into a bancassurance
partnership with HSBC India for the distribution of non-life insurance products?
1) Universal Sompo General Insurance Company
2) Royal Sundaram General Insurance Company
3) SBI General Insurance Company
4) TATA AIG General Insurance Company
5) Life insurance corporation
Answer- 3) SBI General Insurance Company
Explanation:
Mumbai (Maharashtra) based SBI General Insurance Company Limited (SBI General Insurance) and
the Hongkong and Shanghai Banking Corporation Limited, India (HSBC India) have entered into a
bancassurance partnership for the distribution of non-life insurance products.
i.Under this partnership, SBI General Insurance aims to provide innovative insurance solutions to
HSBC India’s customers across India and the HSBC India will provide its customers with the entire
suite of SBI General Insurance’s non-life insurance products, including health, property, motor and
travel.

29. Which company has recently (in August 2024) partnered with the Development Financial
Institution (DFI) for raising long-term debt funds to promote its Electric Vehicle (EV) portfolio?
1) Muthoot Capital Services Limited
2) Mahindra & Mahindra Financial Services Limited
3) L&T Finance Limited
4) Poonawalla Fincorp Limited
5) Piramal Capital & Housing Finance Limited
Answer- 1) Muthoot Capital Services Limited

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Explanation:
Muthoot Capital Services Limited (MCSL) has announced its partnership with the United Kingdom
(UK) based Development Financial Institution (DFI) for raising long term debt funds to promote its
Electric Vehicle (EV) portfolio.
• It is one of Muthoot Capital’s largest partnership deals for sustainability and environmental
initiatives.
• The partnership is facilitated by Mumbai(Maharashtra) based Axis Bank Limited, is worth
Rs100 crore, provides sustainable mobility solutions and promotes the use of electric
vehicles in India, particularly among lower middle-class consumers.

ECONOMY AND BUSINESS

1. Which organisation has recently(in July 2024) achieved the unicorn status after it raised
around USD120 million?
1) CRED
2) Zepto
3) Rapido
4) Dunzo
5) Physics Wallah
Answer- 3) Rapido
Explanation:
Bengaluru (Karnataka)-based Ride-haling startup, Rapido, has achieved unicorn status after it raised
a capital funding of USD 120 million (Rs 1,000 crore) in its latest Series E funding round led by its
major investor WestBridge Capital (26% stake), which has invested money through 3 different
investment vehicles.
• This makes Rapido the fourth startup in India to reach unicorn status in 2024 after Krutrim,
Perfois and Porter.
• A unicorn is a term used to describe privately owned startups or companies whose
valuation is over USD 1 billion.

2. India Ratings & Research (Ind-Ra) has recently (in July ‘24) projected India’s Gross Domestic
Product (GDP) growth at ________ for FY25.
1) 7.5%
2) 6.6%
3) 7.1%
4) 8%
5) 6.7%
Answer- 1) 7.5%
Explanation:
On July 31, 2024, India Ratings & Research (Ind-Ra) upgraded India’s Gross Domestic Product (GDP)
growth forecast for FY25 to 7.5% from the earlier estimate of 7.1%, citing improved consumption
demand.
• This projection exceeds the Reserve Bank of India’s (RBI) expectation of 7.2%; Ministry of
Finance’s Economic Survey estimate of 6.5-7%; the International Monetary Fund/IMF
(7%) and the Asian Development Bank/ADB (7%).

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• The Gross Fixed Capital Formation is expected to increase by 8.9% year-on-year in FY25, ,
slightly down from 9% in FY24.
• Government Final Consumption Expenditure (GFCE) is expected to grow 4.4% Y-o-Y in
FY25, compared to 2.5% in FY24.

3. Which company has recently (in July ‘24) partnered with PricewaterhouseCoopers
International Limited (PwC) India to strengthen cybersecurity?
1) Tata Consultancy Services
2) HCLTech
3) Infosys
4) Microsoft India
5) Google India
Answer- 4) Microsoft India
Explanation:
Kolkata (West Bengal, WB) based PricewaterhouseCoopers International Limited (PwC) India has
partnered with Microsoft India to strengthen cybersecurity through advanced incident response
and recovery capabilities.
i.It uses Microsoft Copilot for Security, an Artificial Intelligence (AI) -powered security tool, which
enables the enterprises to leverage Microsoft’s large-scale data and threat intelligence security graph
along with PwC’s incident management capabilities.
ii.It enables enterprises to use Microsoft’s cutting-edge technology, enhancing PwC’s capabilities in
secure system rebuilding and broader incident management.

4. Which organisation has recently (in August 2024) received a defence licence to manufacture
various defence products specifically developed for military use at its Jejuri unit in
Maharashtra?
1) Mahindra Defence Systems Limited
2) Indo-Russian Rifles Private Limited
3) Azad Engineering Limited
4) Adani Defence and Aerospace
5) Kalyani Strategic Systems Limited
Answer- 5) Kalyani Strategic Systems Limited
Explanation:
Pune (Maharashtra) based – Kalyani Strategic Systems Limited (KSSL), a defence subsidiary of Bharat
Forge Limited(BFL), received a defence licence to manufacture various defence products specifically
developed for military use at its Jejuri unit in Maharashtra.
• The licence was granted by the Department for Promotion of Industry and Internal Trade
(DPIIT), Ministry of Commerce and Industry (MoCI), under the Industries (Development
and Regulation) Act, 1951.
• This will allow the company to take part in KSSL defence programs in the future.

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5. Which organisation has recently (in August 2024) received the first-ever order to
demonstrate methanol firing in a Gas Turbine at the 350 MegaWatt (MW) Kayamkulam
Combined Cycle Power Plant (CCPP) of NTPC Limited in Kerala?
1) IREL (India) Limited
2) Bharat Heavy Electricals Limited
3) Electronics Corporation of India
4) Larsen & Toubro Limited
5) Bharat Electronics Limited
Answer- 2) Bharat Heavy Electricals Limited
Explanation:
Bharat Heavy Electricals Limited (BHEL), a nuclear power company has received the first-ever order
to demonstrate methanol firing in a Gas Turbine at the 350 MegaWatt (MW) Kayamkulam
Combined Cycle Power Plant (CCPP) of NTPC Limited in Kerala.
i.This first-of-its-kind project in India would pave the way for reviving unutilized gas turbine sets in
India which are inoperative due to unavailability of natural gas and naphtha.
ii.BHEL’s Hyderabad (Telangana)-based units will provide key equipment for the project, including
tanks, fire protection and detection systems, piping, and erection and commissioning, as well as
technical support.

6. Which company has recently (in August 2024) signed a Joint Venture (JV) agreement with
Coal India Limited (CIL) to set up a Coal-to-Synthetic Natural Gas (SNG) project in West Bengal?
1) Indian Oil Corporation Limited
2) Bharat Petroleum Corporation Limited
3) Mineral Oil Company Private Limited
4) GAIL India Limited
5) Oil and Natural Gas Corporation
Answer- 4) GAIL India Limited
Explanation:
The Ministry of Coal (MOC) in collaboration with the Ministry of Power and Natural Gas (MOP & NG)
has facilitated a Joint Venture (JV) agreement between two Maharatna CPSEs, Coal India Limited
(CIL),Kolkata (West Bengal, WB) and GAIL (India) Limited (GAIL),New Delhi, (Delhi) to set up a Coal-
to-Synthetic Natural Gas (SNG) project in West Bengal utilising Surface Coal Gasification (SCG)
technology.
i.The SNG plant which is set to be located in the Raniganj area of Eastern Coalfields Limited(ECL),
WB will have a production capacity of 80,000 Normal Meter Cubed(Nm3) per hour of SNG, translating
to an annual output of 633.6 million Nm3.
ii.As per the agreement, CIL will hold 51%, while GAIL will own the remaining 49%.

MoU’s AND AGREEMENTS

1. With which organisation did the Ministry of Defence recently (in July ‘24) sign a MoU to
facilitate capital market access to Micro, Small and Medium Enterprises (MSMEs)?
1) Bombay Stock Exchange (BSE)
2) Securities and Exchange Board of India (SEBI)
3) Reserve Bank of India (RBI)

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4) National Stock Exchange (NSE)
5) Small Industries Development Bank of India (SIDBI)
Answer- 4) National Stock Exchange (NSE)
Explanation:
On 29th July 2024, the Defence Acquisition Council (DAC), under the chairmanship of Union Minister
Rajnath Singh, Ministry of Defence (MoD), Government of India (GoI) has approved various capital
acquisition proposals to enhance the capabilities of the Indian Army(IA) and the Indian Coast Guard
(ICG).
i.The DAC has accorded Acceptance of Necessity (AoN) for the procurement of the Advanced Land
Navigation System (ALNS) for Armoured Fighting Vehicles (AFVs) for Indian Army and 22
Interceptor Boats for Indian Coast Guard (ICG).
ii.The Defence Acquisition Council (DAC) under the chairmanship of Rajnath Singh has reviewed and
approved the amendments to the deal for 31 MQ-9B, High Altitude Long Endurance (HALE)
Unmanned Vehicles (UAVs) from General Atomics Aeronautical Systems, Inc. (GA-ASI) of the United
States of America (USA).
iii.The Ministry of Defence (MoD) signed a Memorandum of Understanding (MoU) with National
Stock Exchange (NSE) to facilitate capital market access to Micro, Small and Medium Enterprises
(MSMEs). Click here to read more

2. With which organisation did the Innovations for Defence Excellence-Defence Innovation
Organisation (iDEX-DIO) recently (in July ‘24) sign a MoU for the launch of Medical Innovations
and Research Advancement (MIRA)?
1) Defence Research and Development Organisation
2) National Medical Commission
3) Atal Innovation Mission
4) Central Armed Police Forces Institute of Medical Sciences
5) Armed Forces Medical Services
Answer- 5) Armed Forces Medical Services
Explanation:
On July 30, 2024, The Innovations for Defence Excellence-Defence Innovation Organisation (iDEX-
DIO), the flagship initiative of Ministry of Defence (MoD) has signed Memorandum of Understanding
(MoU) with the Armed Forces Medical Services (AFMS) for the launch of Medical Innovations and
Research Advancement (MIRA).
• The MoU aims to promote innovation and research in developing novel medical technologies
and their integration into the Armed Forces.
• The initiative will be driven forward by the launch of the Defence India Start-up Challenge
(DISC) edition MIRA, addressing the critical medical challenges faced by the Armed Forces.
• iDEX was established by the DIO under the Department of Defence Production (DDP), launched
in 2018 with an objective to provide the platform of co-creation and co-development in the
defence sector.

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3. With which state, did the Ministry of Defence signed a MoU to establish three advanced
testing facilities for Mechanical & Material (M&M), Communications , and Unmanned Aerial
System (UAS)under the Defence Testing Infrastructure Scheme (DTIS)?
1) Maharashtra
2) Uttar Pradesh
3) Gujarat
4) Madhya Pradesh
5) Rajasthan
Answer- 2) Uttar Pradesh
Explanation:
On 30th July 2024, the Ministry of Defence (MoD), Government of India (GoI) has signed a
Memorandum of Understanding (MoU) with Uttar Pradesh Expressways Industrial Development
Authority (UPEIDA) under the Defence Testing Infrastructure Scheme (DTIS) in New Delhi, Delhi, to
establish 3 state-of-the-art testing facilities in Uttar Pradesh (UP).
• These facilities will be established in the domains of Unmanned Aerial System (UAS),
Mechanical & Material (M&M) and Communications under the Uttar Pradesh Defence
Industrial Corridor (UPDIC).
• So far, GoI has approved 7 testing facilities i.e. 4 in Tamil Nadu (TN) and 3 in Uttar Pradesh
(UP).
• The DTIS was launched by the Union Defence Minister, Rajnath Singh in May 2020, with
total budget outlay of Rs 400 crore.

4. With which country did India recently (in July ‘24) sign the Technology Security Initiative
(TSI) to boost economic growth and strengthen the collaboration between the two countries?
1) United Kingdom
2) France
3) Brazil
4) United States of America
5) Sweden
Answer- 1) United Kingdom
Explanation:
David Lammy MP, Secretary of State for Foreign, Commonwealth and Development Affairs, the
United Kingdom (UK) paid an official visit to India from 24th to 25th July 2024 at the invitation of
Union Minister Dr. S. Jaishankar, Ministry of External Affairs (MEA), Government of India (GoI).
India and the UK launched a new Technology Security Initiative (TSI) which aims to boost economic
growth and strengthen the collaboration between two countries. The initiative was spearheaded and
agreed by the National Security Advisors (NSAs) of India and the UK.
• The TSI will be based on the ambitious cooperation agenda set out in India-UK Roadmap
2030.
• The TSI will help to expand collaboration between two countries in Critical and Emerging
Technologies (CET) across priority sectors such as: telecom, critical minerals,
semiconductors, Artificial Intelligence (AI), quantum, biotech and advanced materials.
• Apart from the launch of TSI, a Fact Sheet was also launched which focus mainly on specific
technologies and areas of cooperation.

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5. In July 2024, the Ministry of Ayush and the World Health Organisation (WHO) signed a _____
donor agreement to support the operations of the WHO Global Traditional Medicine Centre
(GTMC) at Jamnagar, Gujarat.
1) USD 200 million
2) USD 50 million
3) USD 170 million
4) USD 85 million
5) USD 125 million
Answer- 4) USD 85 million
Explanation:
On July 31 2024, The Ministry of Ayush (Ayurveda, Yoga and Naturopathy, Unani, Siddha, Sowa Rigpa
and Homoeopathy), Government of India (GoI) and the World Health Organization (WHO) have
signed a donor agreement during an event in Geneva, Switzerland.
i.This donor agreement is part of a USD250 million investment from India in support of the
establishment of the WHO Global Traditional Medicine Centre (GTMC) in 2022
ii.Under this agreement, India will donate USD 85 million over a period of 10 years (2022-2032) to
support the operations of the WHO GTMC at Jamnagar, Gujarat.
iii.The GTMC was officially established on March 25, 2022 with the signing of a Host Country
Agreement, making it the first and only global out-posted centre for traditional medicine

6. Which Indian firm has recently (in July ‘24) signed a MoU with France-based aerospace
leader Thales to advance the growth and innovation in India's drone ecosystem?
1) BrahMos Aerospace Private Limited
2) Garuda Aerospace Private Limited
3) Flying Wedge Defence and Aerospace Technologies Private Limited
4) Ikran Aerospace and Technologies Private Limited
5) Skyroot Aerospace Private Limited
Answer- 2) Garuda Aerospace Private Limited
Explanation:
Thales, a global aerospace leader headquartered in Paris, France, and Garuda Aerospace Private
Limited, India’s leading Drone technology start-up, signed a Memorandum of Understanding (MoU)
to advance the growth and innovation in India’s drone ecosystem.
• This collaboration aims to foster innovation and advance technological solutions for safe,
secure drone operations and applications.
• The MoU which comes into effect in August 2024, aims to provide a platform for a strategic
collaboration to develop the drone ecosystem in India.
• The collaboration aligns with the Aatmanirbhar Bharat (Self-Reliant India) vision, aiming to
make India a global hub for drones by 2030.

7. Which country has recently (in August ‘24) signed a Memorandum of Understanding (MoU)
with India to enhance cooperation in the sports field?
1) Zimbabwe
2) Timor–Leste
3) Tunisia
4) Saint Kitts and Nevis

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5) Trinidad and Tobago
Answer- 4) Saint Kitts and Nevis
Explanation:
On August 5 2024, the Union Minister Mansukh Mandaviya, Ministry of Youth Affairs and Sports
(MYAS) of the Government of India(GoI) has signed a Memorandum of Understanding (MoU) with
the Denzil Llewellyn Douglas, Minister of Foreign Affairs of Saint Kitts and Nevis(SKN) in New
Delhi(Delhi) to enhance cooperation in various sport matters.
• The MoU was signed during Denzil Douglas’s official visit to India from August 4th to 9th,
2024.
• Aim: To improve both countries’ sporting capacities by promoting a collaborative approach
to sports development, sharing expertise, and mutual growth among athletic disciplines.

8. Which educational institution has recently (in August ‘24) signed a MoU with Global
Education Outreach Mauritius for educational collaboration during the India-Mauritius Trade
Conference 2024 held in Port Louis, Mauritius?
1) Aditya Group of Institutions
2) Bharath Group of Institutions
3) Surya Group of Institutions
4) Gandhi Group of Institutions
5) Nehru Group of Institutions
Answer- 5) Nehru Group of Institutions
Explanation:
Coimbatore (Tamil Nadu)-based Nehru Group of Institutions and Global Education Outreach
Mauritius signed a Memorandum of Understanding (MoU) for educational collaboration during the
India-Mauritius Trade Conference 2024 held in Port Louis, Mauritius.
• The MoU strengthen the commitment of the Nehru group to exchange of Technology in
Education concerning Education 4.0.
• The India-Mauritius Trade Conference 2024 was organised by the Indian Economic Trade
Organization in association with the India Africa Trade Council (IETC).
• The motto of the 2024 conference was “Promoting Investment and Growth in partnership
with the Mauritius business houses”.

APPOINTMENTS AND RESIGNATIONS

1. In July 2024, the Appointments Committee of the Cabinet (ACC) approved the appointment of
Prabodh Seth and Ramesh Narain Parbat as the new members of ____________.
1) Goods and Services Tax Appellate Tribunal (GSTAT)
2) GST Rate Rationalisation Panel
3) Central Board of Indirect Taxes and Customs (CBIC)
4) Central Board of Direct Taxes (CBDT)
5) Income Tax Appellate Tribunal (ITAT)
Answer- 4) Central Board of Direct Taxes (CBDT)

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Explanation:
The Appointments Committee of the Cabinet (ACC) has approved the appointment of Prabodh Seth
and Ramesh Narain Parbat, Indian Revenue Service (IRS) Income Tax (IT) officers (1989 batch), as
the new members of the Central Board of Direct Taxes (CBDT).
• Prabodh Seth has been appointed as the Principal Chief Commissioner of Income Tax
(PCCIT), International Taxation in CBDT, Delhi replacing Sanjai Kumar Verma.
• Ramesh Narain Parbat has been appointed as the Director General of Income Tax (DGIT),
Investigation in CBDT, Lucknow, Uttar Pradesh (UP) replacing Ravi Agrawal.

2. Who has been recently (in July ‘24) appointed as the Chairperson of the Union Public Service
Commission (UPSC)?
1) Neerabh Kumar Prasad
2) Ajit Kumar Doval
3) Bharat Lal
4) Preeti Sudan
5) Manoj Soni
Answer- 4) Preeti Sudan
Explanation:
On 1st August 2024, Preeti Sudan, the former Secretary of the Ministry of Health & Family Welfare
(MoHFW), took oath as the New Chairperson of the Union Public Service Commission (UPSC). She
will hold the post till 29th April 2025 or until further orders.
• She became the 2nd woman to head the UPSC after RM Bathew who served as UPSC Chair
from 1992 to 1996.
• She succeeds Manoj Soni, who resigned from the post in July 2024 almost 5 years before
his tenure ends in 2029.

3. Who has been recently (in July 2024) elected as the President of the United Nations (UN)’s
Economic and Social Council(ECOSOC)?
1) Robert Keith Rae
2) Ruchira Kamboj
3) Mark Rutte
4) Philemon Yang
5) Masatsugu Asakawa
Answer- 1) Robert Keith Rae
Explanation:
Robert Keith Rae (Bob Rae), Canada’s Ambassador and Permanent Representative to the United
Nations (UN), has been elected as the President of the UN’s Economic and Social Council (ECOSOC)
for one year (2024-2025).
• He is currently serving as the Chair of ECOSOC’s Ad Hoc Advisory Group on Haiti. He
succeeds Paula Narváez Ojeda of Chile, who held the post since July 2023.

4. Who has been recently (in August ‘24) re-appointed as the Managing Director(MD) and
Chief Executive Officer(CEO) of the Unity Small Finance Bank?
1) Anuj Tyagi
2) Nemkumar H

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3) Rakesh Singh
4) Inderjit Camotra
5) Vasudevan
Answer- 4) Inderjit Camotra
Explanation:
The Reserve Bank of India (RBI) has approved the re-appointment of Inderjit Camotra as Managing
Director(MD) and Chief Executive Officer(CEO) of Unity Small Finance Bank Limited (Unity Bank) for
another 2 years.
• He has been serving as the MD & CEO of Unity Small Finance Bank since 2022.

5. Who has been recently (in August ‘24) elected as the 67th President of the Institute of Cost
Accountants of India (ICMAI) for the 2024-2025 period?
1) Ranjeet Kumar Agarwal
2) Bibhuti Bhusan Nayak
3) Tapan Kumar Deka
4) Sanjaya Kumar Mishra
5) Rakesh Singh
Answer- 2) Bibhuti Bhusan Nayak
Explanation:
Bibhuti Bhusan Nayak, a Certified Management Accountant (CMA) has been elected as the 67th
President of the Institute of Cost Accountants of India (ICMAI) for the 2024-2025 period.
• He succeeds Ashwin Dalwadi, who was the president for the 2023-24 period.
• TCA Srinivasa Prasad has been elected as the Vice President (VP) of the ICMAI for 2024-
25. He will succeed Bibhuti Bhusan Nayak.
• Nayak is also elected as the member of Council of the Institute for the term 2023-27. He is a
Fellow Member of the ICMAI.
• The ICMAI was set up as a statutory body on 28 May 1959 under the provisions of the Cost
and Works Accountants Act, 1959, headquartered at Kolkata, West Bengal (WB).

6. Who is set to become the next President of the Asian Cricket Council (ACC) in January 2025?
1) Mallika Nadda
2) Mohsin Naqvi
3) Ajit Agarkar
4) Gautam Gambhir
5) Shoaib Akhtar
Answer- 2) Mohsin Naqvi
Explanation:
Pakistan Cricket Board (PCB) Chairman Mohsin Naqvi is set to become the next President of the
Asian Cricket Council (ACC) later this year (2024). His two-year term will commence in January
2025.
i.Jay Shah, the Board of Control for Cricket in India (BCCI) Secretary is the current ACC president,
who got a one-year extension in January 2024 for a third consecutive term.
ii.Naqvi is expected to take on the responsibilities for the Asia Cup in 2025 (T20I) in India and the
2027 edition in Bangladesh (ODI).

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7. Who has recently (in August 2024) assumed additional charge as the Director General (DG)
of the Border Security Force (BSF)?
1) Sanjay Bhalla
2) Daljit Singh Chawdhary
3) Sanjiv Puri
4) Jethabhai Bharvad
5) Nitin Agrawal
Answer- 2) Daljit Singh Chawdhary
Explanation:
On 3rd August 2024, Daljit Singh Chawdhary, the Director General (DG) of Sashastra Seema Bal
(SSB) took over the additional charge as the DG of Border Security Force (BSF) following the
repatriation of Nitin Agrawal, the incumbent DG of BSF.
• He will hold the additional charge until the appointment of a regular incumbent or until
further orders, whichever is earlier.
• Nitin Agrawal, DG of BSF and Y B Khurania, Special DG (West), BSF, were repartied to their
state cadres with immediate effect. This comes amid a spike in terror incidents and
infiltration bids in Jammu and Kashmir (J&K).

8. Who has recently (in August 2024) taken charge as the Director General of the Assam Rifles,
India's oldest paramilitary force often known as the "Sentinels of the North-East”?
1) Pradeep Chandran Nair
2) Nalin Prabhat
3) Mohammad Rihan
4) Vikas Lakhera
5) Tapan Deka
Answer- 4) Vikas Lakhera
Explanation:
On 1st August 2024, Lieutenant (Lt.) General (Gen) Vikas Lakhera officially assumed charge as the
22nd Director General(DG) of the Assam Rifles, India’s oldest paramilitary force often known as the
“Sentinels of the North-East”.
• He succeeded Lt. Gen. Pradeep Chandran Nair, Who retired from the service on 31st July
2024. He served as 21st DG of Assam Rifles since 2021.
• Prior to this appointment, Vikas Lakhera served as the Additional Director General (ADG) of
Military Operations, handling information warfare.
• Assam Rifles was established in 1835 as the “Cachar Levy.” It is fondly called ‘Friends of
the North East People’.

9. Who has been recently (in August 2024) appointed as the ambassador of South Africa’s
premier T20 cricket League (SA20 League)?
1) Virat Kohli
2) Sachin Tendulkar
3) Dinesh Karthik
4) Shahid Afridi
5) Kedar Jadhav
Answer-3) Dinesh Karthik

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Explanation:
Krishnakumar Dinesh Karthik, an Indian commentator and former India wicket keeper has been
appointed as the league ambassador of South Africa’s premier T20 cricket League (SA20 League)
ahead of the 2025 edition of the tournament. He became the first Indian player to be associated with
the South African tournament.
i.Karthik will join his former Royal Challengers Bengaluru (RCB) and Delhi Daredevils teammate AB
de Villiers as one of the league’s ambassadors.
ii.Karthik has announced his retirement from all forms of cricket in June 2024.
iii.He played for India in 26 Tests, 94 One Day International (ODI), and 60 T20Is. He was also a part of
the Indian team that won the 2007 T20 World Cup South Africa.
iv.He has signed to join Paarl Royals as an overseas player ahead of the 2025 season, becoming the
first Indian player to feature in the SA20.

10. Who was recently (in August 2024) named as the chief adviser of the Bangladesh interim
government by President Mohammed Shahabuddin?
1) Muhammad Yunus
2) Sheikh Hasina
3) José Raúl Mulino
4) Allamaye Halina
5) Khaleda Zia
Answer- 1) Muhammad Yunus
Explanation:
On 6th August 2024, Nobel Peace Prize winner Muhammad Yunus, a Bangladeshi Banker, has been
appointed as the chief adviser of Bangladesh’s interim government by the Bangladesh President
Mohammed Shahabuddin.
• Muhammad Yunus and his Grameen Bank won the Nobel Peace Prize for 2006 for their work to
“create economic and social development from below”
• The appointment comes a day after Bangladesh Prime Minister(PM) Sheikh Hasina resigned
and fled Bangladesh following a violent crackdown on a student-led uprising.
• Sheikh Hasina was the longest serving PM in Bangalseh history, until her resignation on 5
August 2024. She served as 1st term as PM from 1996 to 2001 and again from January 2009 to
August 2024.

AWARDS AND RECOGNITIONS

1. Which institute has been recently (in July ‘24) granted Special Consultative Status by the
United Nations Economic and Social Council (UN ECOSOC)?
1) Guru Gobind Singh Indraprastha University, Delhi
2) Amrita Vishwa Vidyapeetham, Tamil Nadu
3) Jawaharlal Nehru University, New Delhi
4) Kalinga Institute of Industrial Technology, Odisha
5) Jadavpur University, West Bengal
Answer- 4) Kalinga Institute of Industrial Technology, Odisha

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Explanation:
Bhubaneswar, Odisha-based Kalinga Institute of Industrial Technology (KIIT) Deemed to be a
University (DU) has been granted Special Consultative Status by the United Nations Economic and
Social Council (UN ECOSOC). This acknowledgment highlights KIIT’s dedication to the Sustainable
Development Goals (SDGs), and UN’s Agenda 2030.
• This acknowledgement was made during the UN ECOSOC Management Segment Meeting
held on July 23, 2024, at the UN Headquarters in New York, the United States of America
(USA).
• This status allows engagement with ECOSOC, its subsidiary bodies, UN human rights
mechanisms, small arms processes, and special events by the General Assembly President.
• KIIT has signed a MoU with UN Volunteers (UNV), offering students opportunities to work
with various UN agencies.
• Under this, students from KIIT DU can serve as ‘National University UN Volunteers’ in
numerous development initiatives within UN agencies.

2. Name the CSIR-Indian Institute of Chemical Technology (IICT) scientist who has been
recently (in July ‘24) inducted as a Fellow of the Royal Society of Chemistry (FRSC) in London,
the United Kingdom (UK).
1) Shrinivas Ramchandra Kulkarni
2) Sundergopal Sridhar
3) Alok Shukla
4) Gagandeep Kang
5) Srivari Chandrasekhar
Answer- 2) Sundergopal Sridhar
Explanation:
Hyderabad (Telangana)-based Council of Scientific and Industrial Research (CSIR)-Indian Institute of
Chemical Technology (IICT) chief scientist and engineer Dr. Sundergopal Sridhar has been inducted
as a Fellow of the Royal Society of Chemistry (FRSC) in London, the United Kingdom (UK).
• He is recognized for his exceptional work or research in the area of membrane technology.
• His notable innovations include: a affordable system to produce medical-grade ultrapure
water which is used in the dialysis of over 2 lakh patients suffering from chronic kidney
diseases.

3. Which organisation has recently (in July ‘24) awarded the GEEF Global WaterTech Award
under the category ‘Water Department of the Year’ at the Global Water Tech Summit 2024?
1) Jal Jeevan Mission
2) National Mission for Clean Ganga
3) Central Ground Water Board
4) National Institute of Hydrology
5) Central Water Commission
Answer- 5) Central Water Commission
Explanation:
The Central Water Commission (CWC) has been awarded the GEEF Global WaterTech Award under
the category ‘Water Department of the Year’ at the Global Water Tech Summit 2024, organised by
the Global Energy and Environment Foundation (GEEF) at New Delhi, Delhi.

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• The award is given in recognition of the CWC’s role in hydro-meteorological data collection,
flood forecasting, reservoir storage and water quality monitoring, coastal area management,
monitoring of water resources projects, and resolving inter-state water issues.
• The GEEF recognised CWC’s interactions with the Water Resources (WR)/ Irrigation/ Jal
Shakti Departments of all the States/ Union Territories (UT) to enhance synergy in the
works being done by CWC.
• The GEEF Global WaterTech Awards are presented at the Global WaterTech Summit, the
business conference for the water industry.

SUMMITS, CONFERENCES

1. In Which city hosted the first STI (Science Technology & Innovation) Conclave on
‘Traditional Knowledge for Sustainable Livelihoods’ from 29th to 31st July 2024?
1) Bengaluru, Karnataka
2) Thiruvananthapuram, Kerala
3) Mumbai, Maharashtra
4) New Delhi, Delhi
5) Chennai, Tamil Nadu
Answer- 4) New Delhi, Delhi
Explanation:
The first STI (Science Technology & Innovation) Conclave on ‘Traditional Knowledge for Sustainable
Livelihoods’ was held in New Delhi, Delhi from July 29-31, 2024. The event was inaugurated by Dr. N.
Kalaiselvi, Director General (DG) of Council of Scientific and Industrial Research (CSIR).
• It was organized by the International Science, Technology, and Innovation Centre for South-
South Cooperation (ISTIC) under the United Nations Educational, Scientific and Cultural
Organization (UNESCO); and CSIR constituents, including the Traditional Knowledge Digital
Library Unit (CSIR-TKDL), New Delhi(Delhi) and CSIR-Indian Institute of Chemical
Technology (CSIR-IICT) in Hyderabad, Telangana.
• Aim : To educate the youth on the importance and value of ancestral knowledge and
practices.

2. Which of the following points is/are ‘correct’ with respect to the 46th session of the UNESCO
World Heritage Committee (WHC) in New Delhi, Delhi in July 2024?
A) The 46th session of WHC inscribed 26 new World Heritage Sites viz. 19 cultural, 4 natural,
and 1 mixed property and 2 Significant modifications to existing boundaries.
B) PM Narendra Modi announced a USD 10 million grant to the UNESCO World Heritage Centre.
• C) The Government of India (GoI) and the Government of the USA signed the first ever
‘Cultural Property Agreement’ to prevent and curb the illicit trafficking of antiquities
from India to the USA.
1) Only A & B
2) Only A & C
3) Only B & C
4) Only A
5) All A, B & C
Answer- 2) Only A & C

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Explanation:
The 46th session of the United Nations Educational, Scientific and Cultural Organization (UNESCO)
World Heritage Committee (WHC), hosted by India for the first time, was held at the Bharat
Mandapam in New Delhi, Delhi (India) from 21st to 31st July 2024.
i.The 46th session of WHC inscribed 26 new World Heritage Sites viz. 19 cultural, 4 natural, and 1
mixed property and 2 Significant modifications to existing boundaries.
ii.PM Narendra Modi announced a USD 1 million grant to the UNESCO World Heritage Centre. This
funding will support capacity building, technical assistance, and the conservation of world heritage
sites.
iii.The Government of India (GoI) and the Government of the USA signed the first ever ‘Cultural
Property Agreement’ to prevent and curb the illicit trafficking of antiquities from India to the USA.
iv.Union Minister Gajendra Singh Shekhawat inaugurated the Humayun’s Tomb World Heritage
Site Museum in New Delhi, Delhi. click here to read more

3. Which city has recently (in August ‘24) hosted the 32nd International Conference of
Agricultural Economists (ICAE 2024)?
1) New Delhi, Delhi
2) Mumbai, Maharashtra
3) Chennai, Tamil Nadu
4) Bengaluru, Karnataka
5) Kolkata, West Bengal
Answer- 1) New Delhi, Delhi
Explanation:
On 3rd August 2024, Narendra Modi, Prime Minister(PM) of India inaugurated the 32nd
International Conference of Agricultural Economists (ICAE 2024) at the National Agricultural
Science Centre (NASC) Complex in New Delhi, Delhi.
• The triennial conference is taking place in India after 65 years. The conference is set to
culminate on 7th August 2024.
• The theme of ICAE 2024 is “Transformation Towards Sustainable Agri-Food Systems”.
• India previously hosted the conference in 1958 in Mysore (now Mysuru), Karnataka.

COMMITTEE AND MEETING

1. In July 2024, India was elected as vice-chair of the _____________ of the Indo-Pacific Economic
Framework (IPEF).
1) Economic Advisory Panel
2) Clean Economy Investor Forum
3) Supply Chain Council
4) Economic and Social Council
5) Trade Advisory Panel
Answer- 3) Supply Chain Council(SCC)
Explanation:
India has been elected as vice-chair of the Supply Chain Council(SCC), one of the three supply chain
bodies set up by the Indo-Pacific Economic Framework for Prosperity (IPEF) partners pursuant to
the Supply Chain Resilience Agreement.

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• The United States of America (USA) was elected as the Chair of SCC.
• SCC was established to pursue targeted, action-oriented work to strengthen the supply
chains for those sectors and goods most critical to national security, public health, and
economic well-being.
• The chair and vice chair of the SCC were elected during the inaugural virtual meetings of
the 3 supply chain bodies: SCC; the Crisis Response Network (CRN); and Labor Rights
Advisory Board (LRAB) held on 30th July 2024.Click here to read more

INDEX
1. Name the highest-ranked (86th) Indian firm on the Fortune Global 500 list for 2024.
1) Life Insurance Corporation of India
2) State Bank of India
3) Reliance Industries Limited
4) Oil and Natural Gas Corporation
5) Indian Oil Corporation Limited
Answer- 3) Reliance Industries Limited
Explanation:
According to the Fortune Global 500 list for 2024, India’s Reliance Industries Limited (RIL), led by
Mukesh Ambani, has improved its ranking to 86th (2024) from 88th (2023) while retaining its
position as the highest-ranked Indian firm for the 21st consecutive year.
i.The United States of America (USA)-based retail and wholesale company, Walmart Inc. has topped
the list as the largest company by revenue for the 11th consecutive year. Walmart’s consolidated
revenue stood at USD 648.1 billion.
ii.USA based e-commerce company, Amazon.com, Inc and Chinese state-owned electric utility, State
Grid Corporation of China have secured the 2nd and 3rd positions respectively.Click here to read
more

ACQUISITION AND MERGERS

1. Which of the following points is/are correct with respect to the recent (in July
‘24) approvals by the Competition Commission of India (CCI)?
A) CCI has approved the proposed amalgamation of Mangalore Chemicals & Fertilizers (MCFL)
with Paradeep Phosphates Limited (PPL).
B) CCI also approved the acquisition of MCFL’s equity shares by Zuari Maroc Phosphates
Private Limited (ZMPPL).
C) CCI approves the acquisition of 100% share capital of Viterra Limited by Bunge Global SA.
1) Only A & B
2) Only A & C
3) Only B & C
4) Only B
5) All A, B & C
Answer- 5) All A, B & C

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Explanation:
i.The Competition Commission of India (CCI) has approved the proposed amalgamation of
Mangalore Chemicals & Fertilizers (MCFL) with Paradeep Phosphates Limited (PPL) and the
acquisition of MCFL’s equity shares by Zuari Maroc Phosphates Private Limited (ZMPPL).
ii.The CCI approves the acquisition of 100% share capital of Viterra Limited (Viterra) (Target) by
Bunge Global SA (Bunge) (Acquirer). Viterra’s 3 main shareholders are Glencore PLC (Glencore),
Canada Pension Plan Investment Board (CPP Investments), and the British Columbia Investment
Management Corporation (BCI).

2. In August 2024, Carlyle Group Inc., through its affiliate Quality Investment Holdings PCC,
sold a 12.8% stake in ______________ for Rs 2,578.09 crore through open market transactions.
1) L&T Finance Limited
2) Piramal Finance Limited
3) IIFL Finance Limited
4) Srei Infrastructure Finance Limited
5) PNB Housing Finance Limited
Answer- 5) PNB Housing Finance Limited
Explanation:
The United States of America (USA)-based global investment firm Carlyle Group Inc. through its
affiliate Quality Investment Holdings PCC, sold a 3,32,60,000 shares, amounting to 12.8% stake in
the PNB Housing Finance Limited, a subsidiary of Punjab National Bank (PNB), for Rs 2,578.09 crore
through open market transactions.
• The shares were disposed of in the price range of Rs 775.02-775.25 apiece.
• Following the stake sale, Carlyle group’s stakeholding in PNB Housing Finance has declined
to 19.88% from 32.68%.

DEFENCE

1. Which organisation has recently (in August 2024) received clearance from the Indian Air
Force(IAF) to produce 200 Astra Mark-1 (Mk-1) air-to-air missiles?
1) Bharat Dynamics Limited
2) BrahMos Aerospace
3) Adani Defence & Aerospace
4) Mahindra Defence Systems Limited
5) Thales Air Defence Limited
Answer- 1) Bharat Dynamics Limited
Explanation:
Indian Air Force (IAF) has granted clearance to the Defence Research and Development Organisation
(DRDO) and Hyderabad (Telangana)-based Indian Public Sector Unit (PSU) Bharat Dynamics Limited
(BDL) for the production of 200 Astra Mark–1(Mk-1) Air-to-Air Missiles(AAM).
• Astra Mk-1 is an indigenously developed Beyond Visual Range (BVR), AAM system. It is a part
of Astra program, which aims to improve the aerial combat capabilities of the Indian Armed
Forces.
• It has strike range from 80 to 110 kilometer (km)and 20 km altitude. It has maximum speed of
Mach 4.5.

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• It was developed by the DRDO and manufactured by BDL.

2. Name India’s first multinational air exercise that recently (in August 2024) began at the
Sulur Air Base in Coimbatore, Tamil Nadu (TN).
1) Tarkash 2024
2) Gagan Shakti 2024
3) Tarang Shakti 2024
4) Bharat Shakti 2024
5) Yudh Abhyas 2024
Answer- 3) Tarang Shakti 2024
Explanation:
On August 6, 2024, ‘Tarang Shakti (Wave of Power) 2024′, largest multilateral air exercise began at
the Sulur Air Base in Coimbatore, Tamil Nadu (TN).
• It is the first multinational air exercise to be conducted on India soil after 61 years.
• The Tarang Shakti 2024 exercise is being conducted in two phases. The first phase being
held in Sular, Tamil Nadu(TN) from August 6 to 14, 2024 and the second phase to be held
in Jodhpur, Rajasthan from August 29 to September 14.
• Around 30 countries, including the United States of America (USA), Germany, France,
Australia, the United Arab Emirates (UAE), the United Kingdom (UK), and Singapore, will
showcase their fighter jets. 10 countries which will participate with their assets, and 18
countries as observers.

SCIENCE AND TECHNOLOGY

1. Which country is set to build the world’s nuclear power plant based on molten thorium salt?
1) South Korea
2) Finland
3) China
4) Russia
5) India
Answer- 3) China
Explanation:
China plans to build the world’s 1st Nuclear Power Plant (NPP) that will be fuelled by liquid fuel
based on molten thorium salt in the Gobi Desert, China. The construction of the plant will begin in
2025 with the aim of developing safer and more environmentally friendly nuclear energy.
• Since the reactor uses liquid salt and carbon dioxide to transfer heat and generate
electricity, it does not require water for cooling.
• It will use fuel enriched with less than 20% Uranium-235 (U-235) and approximately 50
kilogram (kg) of thorium.
• It will use FLiBe, a mixture of lithium fluoride and beryllium fluoride, containing 99.95%
lithium-7 and the fuel will consist of uranium tetrafluoride (UF4).

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2. Name the high-orbit internet-services satellite that was recently (in August ‘24) launched by
China onboard the Long March 3B rocket from its Xichang Satellite Launch Centre in Sichuan
Province.
1) EarthCARE
2) Weixing Hulianwan Gaogui-02
3) PakSAT-MM1
4) TSAT-1A
5) ChinaSat-26
Answer- 2) Weixing Hulianwan Gaogui-02
Explanation:
On 1st August 2024, China launched a new high-orbit internet-services satellite – Weixing
Hulianwan Gaogui-02 (WHG-02) into space from the Xichang Satellite Launch Center (XSLC), also
known as “Xichang Satellite City” in southwest China’s Sichuan Province.
• The satellite was launched aboard a Long March-3B (LM-3B) carrier rocket and entered its
preset orbit successfully.
• This launch marks the 529th flight mission of the Long March carrier rocket series.
• The satellite WHG-02 was developed by CAST (China Academy of Space Technology).

3. Which of the following Indians was recently (in August ‘24) selected as the crew members
for the Axiom-4 (Ax-4) mission to the International Space Station (ISS)?
A) Shubhanshu Shukla
B) Prasanth Balakrishnan Nair
C) Ajit Krishnan
1) Only A & B
2) Only A & C
3) Only B & C
4) Only A
5) All A, B & C
Answer-1) Only A & B
Explanation:
On 2nd August 2024, the Indian Space Research Organisation (ISRO) announced that National
Mission Assignment Board has selected Indian astronauts Group Captain Shubhanshu Shukla and
Group Captain Prasanth Balakrishnan Nair, as crew members for the Axiom-4 (Ax-4) mission to the
International Space Station (ISS).
• Wing Commander Shubhanshu Shukla has been assigned as Prime mission pilot while
Group Captain Prasanth Balakrishnan Nair will be his back-up.
• Axiom Space Inc announced the crew for Ax-4, its 4th private mission to the ISS.
• Astronauts Sławosz Uznański of Poland and Tibor Kapu of Hungary (Mission
Specialist) will fly alongside an Indian astronaut on Axiom.

4. Which organisation has recently (in August ‘24) launched its first batch of 18 satellites for
the Low Earth Orbit (LEO) communications megaconstellation named “Qianfan (“Thousand
Sails Constellation”)?
1) Blue Origin Enterprises
2) Japan Aerospace Exploration Agency

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3) Space Exploration Technologies Corporation
4) Shanghai Spacecom Satellite Technology
5) Lockheed Martin
Answer- 4) Shanghai Spacecom Satellite Technology
Explanation:
On 5th August 2024, Shanghai Spacecom Satellite Technology (SSST), a Chinese state-owned
enterprise, launched the first batch of 18 Satellites for the Low Earth Orbit (LEO) communications
megaconstellation named “Qianfan (“Thousand Sails Constellation”), formerly known as G60
Project.
• The satellites were launched from Taiyuan Satellite Launch Centre (TSLC) in the Northern
Province of Shanxi, China.
• This launch is a part of SSST’s ‘G60 Project’ which was initiated in 2023 with the goal of
deploying 1296 LEO satellites by 2030.
• The plan includes launching 108 satellites in 2024 and 648 satellites by the end of 2025,
aiming for global network coverage by 2027.

SPORTS

1. Which Indian tennis player recently won the Men’s Doubles title at the 56th Swiss Open
Gstaad in July 2024, partnering with France’s Albano Olivetti?
1) Sumit Nagal
2) Sathiyan Gnanasekaran
3) Yuki Bhambri
4) Rohan Bopanna
5) Jeevan Nedunchezhiyan
Answer- 3) Yuki Bhambri
Explanation:
Indian tennis player Yuki Bhambri and his French partner Albano Olivetti won the Men’s Doubles
title at the the56th Swiss Open Gstaad, an Association of Tennis Professionals (ATP) 250 tennis
tournament held at the Roy Emerson Arena in Gstaad, Switzerland from 15–21 July 2024.
i.The Indo-French pair defeated the all-French duo Ugo Humbert – Fabrice Martin, 3-6, 6-3, 10-6 in
the final event.
ii.This is the 2nd ATP Tour title of the year for the Indo-French pair. Bhambri and Olivetti also won
the BMW Open (previously Bavarian International Tennis Championships), a 250-series event held in
Munich, Germany, in April 2024.
iii.This victory marks the overall 3rd victory of Yuki Bhambri, who won his maiden ATP title with
Lloyd Harris (South Africa) at the 2023 Mallorca Championships, in Santa Ponsa, Spain.

2. Which country is set to host the 2025 Men’s Asia Cup cricket tournament in the Twenty20
(T20) format?
1) India
2) Uzbekistan
3) Brazil
4) Bangladesh
5) Sri Lanka

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Answer- 1) India
Explanation:
The Asian Cricket Council (ACC) has officially declared India as the host of the 2025 Men’s Asia Cup
cricket tournament in the Twenty20 (T20) format and Bangladesh as the host of the 2027 Asia Cup
tournament in the One Day International (ODI) format.
• This announcement was made by the ACC in its Invitation for Expression of Interest (IEOI).
• According to the IEOI for the sponsorship rights document issued by the ACC, both the Asia
Cup tournaments in India and Bangladesh will feature 13 games each, totaling 26 matches.

BOOKS AND AUTHORS

1. Who is the author of the memoir titled “Breaking Rocks and Barriers: Memoirs of a Geologist
and Mountaineer”?
1) Alpana Killawala
2) Vijayadevi Rane
3) Sudipta Sengupta
4) Anuradha Mascarenhas
5) Janardan Prasad
Answer- 3) Sudipta Sengupta
Explanation:
Sudipta Sengupta, a geologist and trained mountaineer, has penned a memoir titled “Breaking
Rocks and Barriers: Memoirs of a Geologist and Mountaineer” narrating her adventures as a
geologist conducting fieldwork in remote areas worldwide.
The book is published by HarperCollins Publishers India Pvt. Ltd.
i.Sudipta Sengupta is one of the first Indian women (along with Dr Aditi Pant) to visit Antarctica as
part of the 3rd Indian Antarctic Expedition in 1983-84.
ii.She was also a member of the first all-women’s expedition to climb Ronti Peak in the Himalayas in
1967.

2. Who is the author of the book titled ‘India@100: Envisioning Tomorrow’s Economic
Powerhouse’?
1) K V Subramanian
2) Vishal Pandey
3) Norris Pritam
4) S.Ramann
5) Parimal Nathwani
Answer- 1) K V Subramanian
Explanation:
Union Minister Piyush Vedprakash Goyal, Ministry of Commerce and Industry (MOCI) has launched
the book titled ‘India@100: Envisioning Tomorrow’s Economic Powerhouse’, authored by
Professor K V Subramanian, the Executive Director (ED), International Monetary Fund (IMF).
i.The launch event took place at the Associated Chambers of Commerce & Industry of India
(ASSOCHAM)in New Delhi, Delhi.
ii.The book predicts that India can achieve a USD 55 trillion economy in 2047 with self-sufficiency,
stronger currency, fundamentals and 8% Annual Growth Rate (AGR).

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3. Name the recently (in August 2024) released book that was authored by Parimal Dhirajlal
Nathwani, the Member of Parliament (MP), Rajya Sabha (Andhra Pradesh).
1) Source Code: My Beginnings
2) Call of the Gir
3) Adventures of Ed-a- Mamma: Ed Finds a Home
4) Sabke Ram
5) A Life with Wildlife
Answer- 2) Call of the Gir
Explanation:
The Prime Minister (PM) Narendra Modi has received the first copy of ‘Call of the Gir‘, a coffee table
book on Gir National Park (Gujarat) and Asiatic lions, written by Parimal Dhirajlal Nathwani, the
Member of Parliament (MP), Rajya Sabha (Andhra Pradesh).
• He dedicated the book to PM for being the visionary behind ‘Project Lion and Lion@2047:
Vision for Amrit Kaal’.
• It has a message from the PM and Anant Ambani, Director of Reliance Industries Limited.
• His first coffee table book ‘Gir Lions: Pride of Gujarat’ was published by Times Group Books
(TGB) in 2017.

OBITUARY

1. Name the Indian classical dancer and Padma Awardee who recently passed away in August
2024.
1) Venkataiah Sreenivasa Prasad
2) Birubala Rabha
3) Yamini Krishnamurthy
4) Pahalman Subba
5) Uma Ramanan
Answer- 3) Yamini Krishnamurthy
Explanation:
Padma Awardee Mungara Yamini Krishnamurthy, a renowned Indian Classical Dancer, has passed
away at the age of 83 in New Delhi, Delhi. She was born on December 20, 1940 in Madanapalle in
Chittoor district, Andhra Pradesh (AP).
• Government of India (GoI) honoured Yamini with Padma Shri (1968), Padma Bhushan
(2001) and Padma Vibhushan (2016) for her contributions in the field of arts.
• Mungara Yamini Krishnamurthy is a distinguished Indian classical dancer, and a doyen of
Bharatanatyam, Kuchipudi and Odissi for over four decades.
• She published an autobiography titled ‘A Passion for Dance’ with Renuka Khandekar in
1995.

2. Name the Gandhian activist and Padma awardee who recently passed away in August 2024.
1) Rajeev Taranath
2) Moosa Raza
3) Malti Joshi
4) V. Lakshminarayan
5) Shobhana Sitaram Ranade

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Answer- 5) Shobhana Sitaram Ranade
Explanation:
Padma Bhushan Awardee Shobhana Sitaram Ranade, a renowned Gandhian activist and social
worker passed away at the age of 99 in Pune, Maharashtra. She was born on 26th October 1924 in
Pune.
• In 2011, The Government of India (GoI) honoured Shobhana with the Padma Bhushan
award for her contributions in the field of social work.
• Shobhana has received numerous awards for her works which includes the National
Award (1983) for Child Welfare Services ; Jamnalal Bajaj Award (2011) for Development
and Welfare of Women and Children.

3. Name the Chinese-American physicist, who became the 2nd youngest scientist to receive the
Nobel Prize for Physics in 1957, passed away in August 2024.
1) Avi Wigderson
2) Peter Higgs
3) Alice Laidlaw Munro
4) Chien-Shiung Wu
5) Tsung-Dao Lee
Answer- 5) Tsung-Dao Lee
Explanation:
Nobel Prize-winning Chinese-American physicist Tsung-Dao Lee passed away at the age of 97 in San
Francisco, California, the United States of America (USA). He was born on 24th November 1926 in
Shanghai, China.
• In 1957, Lee (31) became the second youngest scientist to receive the Nobel Prize for
Physics.
• He shared the prize with Chen Ning Yang (C N Yang), Chinese theoretical physicist “for
their penetrating investigation of the so-called parity laws which has led to important
discoveries regarding the elementary particles”.
• Tsung-Dao Lee is well-known for Lee–Yang theorem, theory of particle physics, the theory
of the nucleus, and statistical physics.
• He developed a model, which is a framework for studying various quantum phenomena
known as the ‘Lee model’.

IMPORTANT DAYS

1. The United Nations (UN)’s International Day of Friendship or World Friendship Day is
annually observed across the globe on_____________ to honour the friendship.
1) July 30
2) May 30
3) April 30
4) May 25
5) June 25
Answer- 1) July 30

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Explanation:
The United Nations (UN)’s International Day of Friendship or World Friendship Day is annually
observed across the globe on July 30 to honour the friendship.
• The day honours the enduring bonds of friendship with various activities, despite the
different dates observed around the world.
• 2024 marks the 13th anniversary of International Friendship Day.
• The first-ever International Friendship Day was observed in 2011.
• In India, Friendship Day is celebrated on First Sunday in the month of August.Click here to
read more

2. When was World Ranger Day (WRD) annually observed across the globe to commemorate
Rangers killed or injured in the line of duty?
1) March 21
2) April 14
3) June 18
4) July 31
5) May 25
Answer- 4) July 31
Explanation:
World Ranger Day (WRD) is annually observed across the globe on 31 July to commemorate
Rangers killed or injured in the line of duty and to celebrate the critical work of Rangers in protecting
the world’s natural and cultural treasures.
• The 2024 theme of World Ranger Day is, “30 by 30.” The 2024 theme aligns with the global
goal of the 2022 United Nations (UN) Convention on Biological Diversity’s (CBD) 15th
Conference of the Parties (COP 15) held in Montreal, Canada.
• The 1st World Ranger Day was observed on 31 July 2007 on the 15th anniversary of the
founding of the IRF.Click here to read more

3. When was the World Lung Cancer Day annually observed across the globe?
1) May 3
2) August 1
3) June 3
4) April 19
5) July 30
Answer- 2) August 1
Explanation:
World Lung Cancer (WLC) Day is annually observed across the globe on 1st August to raise
awareness about lung cancer, the most common and deadliest cancer globally, its risk factors, and the
importance of early detection and treatment.
• This Day also aims to support those affected by lung cancer, advocate for increased research
funding, and encourage healthier lifestyle choices to reduce cancer risk.
• Symbol: Pearl or White-coloured ribbons promote Lung Cancer awareness.
• Theme: The 2024 theme of WLC Day is, ‘Stronger Together: United for Lung Cancer
Awareness.’

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4. The Muslim Women’s Rights Day is annually observed across India on _______ to
commemorate the enactment of Muslim Women (Protection of Rights on Marriage) Act, 2019
which prohibits the practice of Triple Talaq in India.
1) June 26
2) February 13
3) March 15
4) July 30
5) August 1
Answer- 5) August 1
Explanation:
The Muslim Women’s Rights Day also known as ‘Muslim Mahila Adhikar Divas’ is annually observed
across India on August 1 to commemorate the enactment of Muslim Women (Protection of Rights
on Marriage) Act, 2019 which prohibits the practice of Triple Talaq in India.
• The day highlights and advocates for the rights and empowerment of Muslim women.
• The first-ever Muslim Women’s Rights Day was observed on August 1 2020.

5. World FinTech Day is annually observed across the globe on _____________ to raise awareness
about the growing importance of FinTech (Financial Technology) in modernizing financial
services.
1) May 6
2) June 1
3) August 1
4) April 16
5) July 25
Answer- 3) August 1
Explanation:
World FinTech Day is annually observed across the globe on 1 August to raise awareness about the
growing importance of FinTech (Financial Technology) in modernising financial services and
improving access to financial products.
• The day emphasises the transformative impacts of FinTech on the global financial industry.
• The date 1 August commemorates the death anniversary of Cosimo de’ Medici, an Italian
banker and politician in 1464.

6. Earth Overshoot Day (EOD) marks the date when humanity's demand for ecological
resources and services in a given year exceeds what Earth can regenerate in that year.
Earth Overshoot Day 2024 was observed on ____________________.
1) June 5
2) August 1
3) May 10
4) June 8
5) April 15
Answer- 2) August 1

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Explanation:
Earth Overshoot Day (EOD) is an annual observance that marks the date when humanity’s demand
for ecological resources and services (Ecological Footprint) in a given year exceeds Earth’s capacity
to regenerate for the year (Bio-capacity).
• Earth Overshoot Day 2024 falls on 1 August, signifying that humanity uses nature 1.7
times faster than ecosystems can regenerate.
• This day is hosted and calculated by the Global Footprint Network, an international
sustainability research organization that pioneered the Ecological Footprint.
• The 1st Earth Overshoot Day was calculated on 25 December 1971.Click here to read
more

7. When was the World Breastfeeding Week (WBW) annually celebrated across the globe?
1) Last week of July
2) Second week of August
3) First week of August
4) Third week of July
5) Last week of August
Answer- 3) First week of August
Explanation:
World Breastfeeding Week (WBW) is a global campaign annually celebrated across the globe in the
first week of August, from 1st to 7th, to generate public awareness about the importance of
breastfeeding, support for breastfeeding, and its benefits.
• The 2024 theme of WBW is, “Closing the gap: Breastfeeding support for all“. The 1st
WBW was observed in 1992.
• The World Alliance for Breastfeeding Action (WABA) coordinates the annual WBW
campaign.Click here to read more

8. When was the World Wide Web (WWW) Day annually observed across the globe?
1) May 11
2) June 21
3) April 14
4) July 30
5) August 1
Answer- 5) August 1
Explanation:
World Wide Web (WWW) Day is annually observed across the globe on August 1 to celebrate the
creation and impact of the World Wide Web, and recognize its role in connecting the world.
• The day highlights the web’s transformative role in revolutionising communication,
collaboration, and access to knowledge.
• Aim : To recognize and appreciate Tim Berners-Lee’s groundbreaking work and vision.
• World Wide Web, also known as the Web or W3 is a collection of websites or web pages
stored in web servers and connected to local computers through the internet.
• There are 3 components of the web: Uniform Resource Locator (URL), HyperText Transfer
Protocol (HTTP) and Hyper Text Markup Language (HTML).

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9. When was the Indian Organ Donation Day (IODD) annually celebrated to commemorate the
first successful heart transplant in India?
1) May 18
2) May 7
3) April 24
4) August 3
5) July 29
Answer- 4) August 3
Explanation:
The Indian Organ Donation Day (IODD) is annually celebrated across India on 3rd August to
commemorate the 1st successful deceased donor organ transplant, which was also the 1st Heart
transplant in India.
• 3rd August 2024 marks the observance of the 14th IODD.
• IODD is annually celebrated by the National Organ and Tissue Transplant Organization
(NOTTO).
• World Organ Donation Day is observed on 13 August in many parts of the world to raise
awareness of Organ Donation.
• In 2024, the Government of India (GoI) launched a major awareness campaign named,
“Angdaan Jan Jagrukta Abhiyaan” (Mass Awareness Campaign on Organ Donation).Click
here to read more

10. When was the National Bone and Joint Day annually observed across India?
1) June 19
2) July 30
3) April 14
4) March 24
5) August 4
Answer- 5) August 4
Explanation:
National Bone and Joint Day is annually observed across India on 4 August to raise awareness
about the importance of strong bones and joints in people of all ages and to prevent early detection of
musculoskeletal disorders and conditions.
• Aim: To help in promoting cost-effective prevention and treatment of bone and joint
conditions.
• The 1st ever National Bone & Joint Day was observed on 4 August 2012.
• The annual celebration of this nationwide health campaign is led by the Indian Orthopaedic
Association (IOA), New Delhi(Delhi).
• Osteoarthritis is a degenerative joint disease characterized by the breakdown of cartilage
in joints.

11. When was the Hiroshima Day annually observed across the globe to commemorate the
atomic bombings of Hiroshima in Japan by the United States of America in 1945?
1) August 6
2) June 6
3) May 8

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4) May 12
5) July 8
Answer- 1) August 6
Explanation:
Hiroshima Day is annually observed across the globe on 6th August to commemoration of the
atomic bombings of Hiroshima in Japan by the United States of America in 1945.
• 6th August 2024 marks the 79th anniversary of the atomic bombing of Hiroshima.
• During the World War II (WWII – 1939-1945), the United States Army Air Forces (USAAF)
Boeing-29 (B29) Superfortress ‘Enola Gay’ dropped the first atomic bomb, nicknamed
‘Little Boy’, over the Japanese city of Hiroshima on 6th August 1945.Click here to read
more

12. When was the National Handloom Day annually observed across India?
1) April 21
2) July 30
3) March 4
4) August 7
5) May 11
Answer- 4) August 7
Explanation:
National Handloom Day is annually observed across India on 7 August to honour the handloom
weaving community engaged in the handloom sector and highlight the handloom industry’s
contribution to India’s socioeconomic development.
• The Day is also celebrated to commemorate the Swadeshi Movement, which was launched
on 7 August 1905.
• In 2015, the Government of India (GoI) decided to designate the 7th of August every year,
as the National Handloom Day.Click here to read more

13. When was National Javelin Day annually observed across India to commemorate Neeraj
Chopra’s gold medal in the 2020 Tokyo Olympics?
1) August 7
2) April 11
3) May 11
4) June 19
5) July 28
Answer- 1) August 7
Explanation:
National Javelin Day is annually observed across India on August 7 to commemorate the remarkable
achievement of Neeraj Chopra during the Tokyo Olympics 2020, where he secured the gold medal
for India in javelin throw event.
• The day aims to promote the sport of javelin throw and to acknowledge its significance in
athletics.
• 7th August 2024 marks the observance of 3rd National Javelin Day.

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ENVIRONMENT

1. Which of the following is ‘not’ one of the six new species of bent-toed gecko recently(in July
2024) discovered in northeastern India?
1) Namdapha
2) Siang–valley
3) Kiphire
4) Barail Hill
5) Zeiladzang
Answer- 5) Zeiladzang
Explanation:
Researchers have discovered 6 new species of bent-toed gecko, a type of small lizard, in
Northeastern India. Out of this 6 new species, 2 each from Arunachal Pradesh (AR) and Nagaland and
one each from Manipur and Mizoram.
• The 6 new species are: Namdapha bent-toed gecko; Siang–valley bent-toed gecko; Kiphire
bent-toed gecko; Barail Hill bent-toed gecko; Ngengpui bent-toed gecko; and Manipur
bent-toed gecko.
• The findings about these species were published in Vertebrate Zoology, the scientific
journal published by the Museum of Zoology Dresden, Germany.
• The new species were discovered by the researchers from Wildlife Institute of India (WII)
in Dehradun, Uttarakhand; Ashoka Trust for Research in Ecology and Environment
(ATREE) in Bengaluru, Karnataka and Natural History Museum London (NHM) in The
United Kingdom(UK).

APP and WEB PORTAL

1. Name the portal that was recently (in July ‘24) launched by the Union Ministry of Education
for managing the apprenticeship lifecycle activities.
1) SayujNet
2) KarmaLife
3) JanSamarth
4) NATS 2.0
5) Swayam
Answer- 4) NATS 2.0
Explanation:
On July 30 2024, the Union Minister Dharmendra Pradhan, Ministry of Education (MoE) launched
the National Apprenticeship and Training Scheme (NATS) 2.0 Portal in New Delhi, Delhi.
• As part of the initiative, stipends of Rs 100 crore has been disbursed to young graduates
and diploma holders through the Direct Benefit Transfer (DBT) mode.
• These apprentices are receiving on-the-job training across various sectors such as
Information technology/Information Technology Enabled Services (IT/ITes),
manufacturing, and automobile industries.

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• NATS 2.0 Portal has been developed in-house by the MoE with the support of All India
Council for Technical Education (AICTE) and Board of Apprenticeship Training / Practical
Training (BOAT/BOPT).

2. Which ministry has recently (in August ‘24) launched the Version 4.0 Price Monitoring
System (PMS) Mobile Application?
1) Ministry of Cooperation
2) Ministry of Commerce and Industry
3) Ministry of Food Processing Industries
4) Ministry of Consumer Affairs, Food & Public Distribution
5) Ministry of Chemicals and Fertilizers
Answer- 4) Ministry of Consumer Affairs, Food & Public Distribution
Explanation:
Union Minister Pralhad Venkatesh Joshi, Ministry of Consumer Affairs, Food & Public Distribution
(MoCAF&PD) launched the Version 4.0 Price Monitoring System (PMS) Mobile Application (App) in
New Delhi, Delhi. From August 1, 2024, the Department of Consumer Affairs (DCA), MoCAF&PD, has
expanded its PMS to include 16 additional commodities.
• The newly added 16 items include Bajra, Jowar, Ragi, Suji (wheat), Maida (wheat), Besan,
Ghee, Butter, Brinjal, Egg, Black Pepper, Coriander, Cumin, Red Chillies, Turmeric Powder,
and Banana.
• The monitoring now covers a total of 38 commodities, up from the previous 22
commodities.
• The 38 commodities represent approximately 31% of the CPI weights, an increase from the
previous 26.5%.
• The government has allocated Rs 10,000 crore under the price stabilisation fund (PSF) in
the Union Budget 2024-25 to maintain stable prices and ensure affordability of pulses.

3. Which of the following is ‘not’ one of the four applications recently (in August ‘24) launched
by Union Home Minister Amit Shah for the 3 new criminal laws in Chandigarh?
1) e-Sakshya
2) Nyaya Setu
3) Nyaya Shruti
4) e-Summon
5) e-Samman
Answer- 5) e-Samman
Explanation:
On 4th August 2024, Union Minister Amit Shah, Ministry of Home Affairs (MoHA) and Ministry of
Cooperation (MoC) has launched 4 Applications(Apps) namely, e-Sakshya, Nyaya Setu, Nyaya Shruti
and e-Summon for the 3 new criminal laws in Chandigarh. These apps were developed by National
Informatics Centre (NIC), New Delhi(Delhi).
i.The 3 new criminal laws – Bharatiya Nyaya Sanhita (BNS), Bharatiya Nyaya Suraksha Sanhita (BNSS)
and Bharatiya Sakshya Adhiniyam (BSA) which came into effect on 1st July, 2024, has repealed the
British-era laws, the Indian Penal Code (IPC), 1860; the Criminal Procedure Code (CrPc), 1973 and the
Indian Evidence Act (IEA), 1872 respectively.

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ii.e-Sakshya app is a mobile based application which will enable the police to save all videography,
photography and testimonies in a criminal case on a cloud-based e-evidence server, which will also be
available in the courts immediately.
iii.Nyaya Shruti app will facilitate judicial hearings through electronic medium like: video
conferencing and onboarding of documents, has also been shared with all states or Union Territories
(UTs) and e-committee of the Supreme Court(SC) for implementation by the courts.
iv.Nyaya Setu will provide a unified legal interface for legal information, legal advice and legal
assistance and thus enable a more inclusive and just society.

4. In August 2024, Chief Justice of India (CJI) DY Chandrachud launched _________________, a new
platform dedicated to reportable judgements from the Delhi High Court.
1) Sankalan
2) Saksham
3) e-DHCR
4) eCourt
5) e-Summon
Answer- 3) e-DHCR
Explanation:
Chief Justice of India (CJI) Dr. Dhananjaya Yeshwant (DY) Chandrachud launched the e-DHCR portal,
a new platform dedicated to reportable judgments from the Delhi High Court.
• The CJI also inaugurated the Shaurya Foundation Trust Café and Sagar Express in the
High Court, managed by individuals with neurodiversity.
• The portal aims to democratise access to legal knowledge by making landmark judgments
and precedents available online for free to anyone.
• Translations of the judicial records are available in Hindi and English using the Supreme
Court Vidhik Anuvaad Software (SUVAS).

5. Which state has recently (in August ‘24) launched the ‘Upasthiti (attendance) Portal’ for its
para-medical staff and other employees under the health department?
1) Odisha
2) Chhattisgarh
3) West Bengal
4) Jharkhand
5) Uttar Pradesh
Answer- 4) Jharkhand
Explanation:
On 5th August 2024, Hemant Soren, the Chief Minister (CM) of Jharkhand, launched ‘Upasthiti
(attendance) Portal’, to ensure daily attendance of doctors, para-medical staff and other employees
under the health department.
• The cross-verification of biometric attendance by health department staff will be done
through this portal.

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CURRENT STATIC BANKING

1. In July 2024, the State Bank of India (SBI) raised _________ through a Senior Unsecured
Syndicated Term Loan Facility for deployment of funds in lending operations.
1) USD 500 million
2) USD 250 million
3) USD 100 million
4) USD 750 million
5) USD 200 million
Answer- 4) USD 750 million
Explanation:
State Bank of India (SBI) has raised USD 750 million through a Senior Unsecured Syndicated Term
Loan Facility for deployment of funds in lending operations.
• United Arab Emirates(UAE) based Mashreq Bank, the sole global coordinator for the offering,
announced that the facility was initially launched for USD 350 million in May 2024.
• The Saudi National Bank and Punjab National Bank joined as mandated lead arrangers, and
institutions like DZ Bank, National Bank of Umm Al Qaiwain, Sampath Bank, and The National
Bank acted as arrangers for the facility.

2. In August 2024, the Securities and Exchange Board of India (SEBI) has imposed a fine of Rs 5
lakh on ________________ (company) after finding that an order passed in 2023 exonerating the
AMC was erroneous and prejudicial to the interest of the securities market.
1) Kotak Mahindra Asset Management Company Limited
2) Aditya Birla Sun Life Asset Management Company Limited
3) ICICI Prudential Mutual Fund
4) HSBC Asset Management (India) Private Limited
5) Axis Asset Management Company Limited
Answer- 4) HSBC Asset Management (India) Private Limited
Explanation:
Securities and Exchange Board of India (SEBI), market regulator has imposed a fine of Rs 5 lakh on
HSBC Asset Management (India) Private Limited after finding that an order passed in 2023
exonerating the AMC was erroneous and prejudicial to the interest of the securities market.
• The penalty concerns actions by L&T AMC, which was acquired by HSBC Group in May 2023
and merged with HSBC AMC in October 2023.
• The review also examined the reasons for selling three specific stocks Hindustan Zinc, Sadbhav
Engineering, and Vodafone Idea which led to losses of Rs 1.61 crore, Rs 14.97 crore, and Rs
25.43 crore, respectively. In total, these losses amounted to over Rs 42 crore.

3. In Which year, the Small Industries Development Bank of India (SIDBI) was established?
1) 2000
2) 1990
3) 1995
4) 1985
5) 2005
Answer- 2) 1990

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Explanation:
About the Small Industries Development Bank of India (SIDBI):
• SIDBI was set up under an Act of the Indian Parliament on 2nd April 1990 and is the Principal
Financial Institution for the promotion, financing, and development of the MSME sector.
• Chairman & Managing Director (CMD)– Manoj Mittal
• Headquarters– Lucknow, Uttar Pradesh(UP)

4. Who has recently assumed charge as Managing Director(MD) at the National Housing
Bank(NHB) ?
1) Sanjay Shukla
2) Sarada Kumar Hota
3) Manoj Mittal
4) Sivasubramanian Ramann
5) Anirudhha Bose
Answer- 1) Sanjay Shukla
Explanation:
Sanjay Shukla assumed charge as the Managing Director(MD) of the National Housing Bank (NHB) on
30 July 2024.
• He will succeed Sarada Kumar Hota, who has been serving as MD of NHB since 2019.

5. Name the Adani Group’s mobile application, which initiated pilot projects with digital
lending firms and non-banking financial companies (NBFCs) to provide loans.
1) Adani Pay
2) Adani Pe
3) Adani One
4) Adani Loans
5) Adani Fin
Answer- 3) Adani One
Explanation:
As per the report, Adani One developed by Adani Group, initiated pilot projects with digital lending
firms and non-banking financial companies (NBFCs) to provide loans through the platform.
• Adani One is operated under Adani Enterprise Limited’s digital branch Adani Digital Labs Ltd.
• It has formed a partnership with KrazyBee Services, the NBFC subsidiary of KreditBee, to offer
personal loans.

6. Name the airline from which Bank of Baroda (BoB) has recently (in July ‘24) recovered Rs
301 crore under the Emergency Credit Line Guarantee Scheme (ECLGS).
1) Star Air
2) GoAir
3) FlyBy
4) Go First
5) SpiceJet
Answer- 4) Go First

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Explanation:
In July 2024, the National Credit Guarantee Trustee Company Limited (NCGTC) has released Rs 301
crore to Bank of Baroda (BoB) as part of its claim from loans given to the defunct Go First Airlines
under the Emergency Credit Line Guarantee Scheme (ECLGS).
• The scheme was introduced in May 2020, as a part of the Atmanirbhar package of the central
government in response to COVID-19 global pandemic.
• The scheme provides incentives to the lenders to provide an additional funding facility to the
borrowers with a 100% guarantee for any losses suffered by the lenders.

7.Name the fintech company that was recently (in July ‘24) affected by a ransomware attack,
affecting financial services at numerous cooperative banks and Regional Rural Banks (RRBs)
across India.
1) Infibeam Avenues Limited
2) Kaleidofin Private Limited
3) C-Edge Technologies Limited
4) Lendingkart Technologies Private Limited
5) Onionlife Private Limited
Answer- 3) C-Edge Technologies Limited
Explanation:
In July 2024, Retail payments of several cooperative banks and Regional Rural Banks (RRBs) were
interrupted due to a ransomware attack on technology service provider C-Edge Technologies
Limited.
• C-Edge is a joint venture between Tata Consultancy Services (TCS) and the State Bank of
India(SBI).

8. Which organisation/company has recently (in August’ 24) announced the launch of the
‘Unified Payments Interface (UPI) One World’ wallet for inbound travelers visiting India?
1) International Financial Services Centres Authority
2) Bharatpe
3) National Payments Corporation of India
4) Paytm
5) Phonepe
Answer- 3) National Payments Corporation of India
Explanation:
National Payments Corporation of India (NPCI) announced the launch of ‘Unified Payments
Interface (UPI) One World’ wallet for inbound travellers, across all nations of the world, visiting
India.
• It is designed to provide international visitors with a seamless, real-time digital payment
experience.
• UPI One World wallet, first introduced during the G20 summit hosted by India last year, will
now be available to people visiting from many more countries. Foreign visitors can use the
wallet to experience the convenience and security of the ‘Made in India’ technology.

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9. In August 2024, The Insurance Regulatory and Development Authority of India (IRDAI)
imposed a penalty totaling Rs 2 crore on ____________ (company) for violating various IRDAI
regulations
1) HDFC Life Insurance Company Limited
2) Tata AIA Life Insurance Company Limited
3) SBI Life Insurance Company Limited
4) Life Insurance Corporation of India
5) Max Life Insurance Company Limited
Answer- 1) HDFC Life Insurance Company Limited
Explanation:
The Insurance Regulatory and Development Authority of India (IRDAI) has imposed a penalty
totaling Rs 2 crore on HDFC Life Insurance Company Limited for violating various IRDAI
regulations.
• The penalty of Rs 1 crore was levied for issues related to the protection of policyholders'
interests. Additionally, a penalty of Rs 1 crore was imposed for irregularities concerning the
outsourcing of services by the company.

10. Who is the current (as of August ‘24) Managing Director (MD) and Chief Executive Officer
(CEO) of Axis Bank Limited?
1) Matam Venkata Rao
2) Shanti Lal Jain
3) Amitabh Chaudhary
4) Nidhu Saxena
5) Rajneesh Karnatak
Answer- 3) Amitabh Chaudhary
Explanation:
About Axis Bank Limited:
Managing Director (MD) and CEO- Amitabh Chaudhary
Headquarters- Mumbai, Maharashtra
Tagline- “Badhti Ka Naam Zindagi”
Established- 1994

11. In Which year, the Kotak Mahindra Bank Limited was established?
1) 1985
2) 1974
3) 1991
4) 1968
5) 2002
Answer- 1) 1985
Explanation:
About Kotak Mahindra Bank Limited (KMBL):
Managing Director (MD) and CEO– Ashok Vaswani
Tagline- Let’s Make Money Simple
Headquarters- Mumbai, Maharashtra
Established- 1985

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12. Where is the headquarters of the Society for Worldwide Interbank Financial
Telecommunications (SWIFT) situated?
1) Geneva, Switzerland
2) Brussels, Belgium
3) Bonn, Germany
4) Rome, Italy
5) Paris, France
Answer- 2) Brussels, Belgium
Explanation:
About Society for Worldwide Interbank Financial Telecommunications (SWIFT):
Chief Executive Officer (CEO)- Javier Pérez-Tasso
Headquarters- La Hupe near Brussels, Belgium

13. Who is the current (as of July’24) Managing Director (MD) and Chief Executive Officer (CEO)
of the RBL Bank?
1) Ajay Kumar Srivastava
2) Shanti Lal Jain
3) Swarup Kumar Saha
4) R. Subramaniakumar
5) Ashwani Kumar
Answer- 4) R. Subramaniakumar
Explanation:
About RBL Bank:
Managing Director (MD) and Chief Executive Officer (CEO)- R. Subramaniakumar
Headquarters- Mumbai, Maharashtra
Tagline- Apno ka Bank
Established- 1943

14. In which year was the World Bank (WB) established?


1) 1944
2) 1974
3) 1951
4) 1954
5) 1948
Answer- 1) 1944
Explanation:
About World Bank(WB):
President– Ajay Banga
Headquarters– Washington, DC, United States of America (USA)
Member nations- 189 (including India)
Established– 1944

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15. Who is the current (as of August ‘24) Managing Director (MD) and Chief Executive Officer
(CEO) of the Industrial Development Bank of India (IDBI) Limited?
1) Rakesh Sharma
2) Baldev Prakash
3) Sumant Kathpalia
4) Nikhil Mohan
5) Prashant Kumar
Answer- 1) Rakesh Sharma
Explanation:
About IDBI Limited:
Managing Director (MD) and Chief Executive Officer (CEO)- Rakesh Sharma
Headquarters- Mumbai, Maharashtra
Tagline- Banking for All
Established- 1964

16. Where is the headquarters of the Unity Small Finance Bank Limited situated?
1) Kolkata, West Bengal
2) Mumbai, Maharashtra
3) Thrissur, Kerala
4) Bengaluru, Karnataka
5) Jaipur, Rajasthan
Answer- 2) Mumbai, Maharashtra
Explanation:
About Unity Small Finance Bank Limited:
Unity Bank is a Scheduled Commercial Bank (SCB) promoted by Centrum Financial Services Limited
with Resilient Innovations Private Limited as a co-investor.
MD & CEO – Inderjit Camotra
Headquarters – Mumbai, Maharashtra
Incorporated – 2021

17. Who is the current (as of August ‘24) Managing Director (MD) & Chief Executive Officer
(CEO) of HDFC Securities Limited?
1) Vinod Easwaran
2) Arun Kumar Bansal
3) Rishi Gupta
4) Anubrata Biswas
5) Dhiraj Relli
Answer- 5) Dhiraj Relli
Explanation:
About HDFC Securities Limited:
Managing Director (MD) & Chief Executive Officer (CEO)- Dhiraj Relli
Headquarters– Mumbai, Maharashtra
Founded – 2000

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18. Which Indian state residents were exempted from paying the income tax?
1) Sikkim
2) Goa
3) Himachal Pradesh
4) Uttarakhand
5) Meghalaya
Answer- 1) Sikkim
Explanation:
i.Sikkim is the only state in India that is exempted from paying taxes.
ii. ‘Section 10(26AAA) in The Income Tax Act, 1961’ grants tax exemptions to Sikkimese residents on
all forms of income, including earnings from interest, dividends, and other sources and also defines a
“Sikkimese”.
iii. In 1975, Sikkim became the 22nd state of India through a referendum, with unique terms including
its Sikkim No Income Tax System, supported by Article 371F of the Indian Constitution

19. Name the company that has recently (in August’ 24) announced the launch of the ‘Smart
Saver Plus’ add-on for motor insurance policies.
1) ICICI Lombard General Insurance Company Limited
2) Tata AIG General Insurance Company Limited
3) New India Assurance Company Limited
4) Max Life Insurance Company Limited
5) Canara HSBC Life Insurance Company Limited
Answer- 1) ICICI Lombard General Insurance Company Limited
Explanation:
ICICI Lombard General Insurance Company Limited, a leading private general insurance company in
India, announced the launch of its industry-first innovative ‘Smart Saver Plus’ add-on for motor
insurance policies.
• This feature aims to address the concerns of policyholders regarding prolonged turnaround
times (TAT) and the need for reliable repair quality, by providing swift servicing, quality
assurance, and customer convenience, reinforcing ICICI Lombard’s commitment to delivering
superior customer experiences.

20. Which bank has recently (in August’ 24) launched ‘Badische Anilin und Soda Fabrik’
(BASF)’s first sustainability-linked payables finance program in Asia?
1) Goldman Sachs
2) JPMorgan Chase & Co.
3) Wells Fargo
4) Deutsche Bank AG
5) American Express
Answer- 4) Deutsche Bank AG
Explanation:
Deutsche Bank AG has launched Badische Anilin und Soda Fabrik (BASF)’s first sustainability-linked
payables finance program in Asia, with a focus on its operations in China.

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• The program is set to support BASF’s operations in China by transforming its existing payables
finance program into sustainability-linked financing for some of its subsidiaries. This allows
BASF to encourage its suppliers to adopt sustainable practices.
• Badische Anilin und Soda Fabrik (BASF) is a global chemical company headquartered in
Germany.

21. Who is the current (as of August ‘24) Managing Director(MD) and Chief Executive Officer
(CEO) of SBI General Insurance Company Limited?
1) Naveen Chandra Jha
2) Rajeev Yadav
3) Govind Singh
4) Ajay Kanwal
5) Sanjeev Nautiyal
Answer- 1) Naveen Chandra Jha
Explanation:
About SBI General Insurance Company Limited:
Managing Director(MD) and Chief Executive Officer (CEO) -Naveen Chandra Jha
Headquarters-Mumbai, Maharashtra
Tagline- Suraksha Aur Bharosa Dono
Established- 2009

22. In Which year, the Life Insurance Corporation of India (LIC) was established?
1) 1956
2) 1962
3) 1971
4) 1985
5) 1978
Answer- 1) 1956
Explanation:
About Life Insurance Corporation of India (LIC):
Managing Director (MD) and Chief Executive Officer (CEO)– Siddhartha Mohanty
Headquarters– Mumbai, Maharashtra
Establishment– 1956

23. In August 2024, the Gujarat International Finance Tec-City (GIFT City) signed an
Memorandum of Understanding (MoU) with ____________ (university) to set up a Centre of
Excellence in Corporate Forensics.
1) Kalinga Forensic University
2) National Forensic Sciences University
3) Banaras Hindu University
4) Saurashtra University
5) Chandigarh University
Answer- 2) National Forensic Sciences University

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Explanation:
The Gujarat International Finance Tec-City (GIFT City), Gujarat and the National Forensic Sciences
University (NFSU) signed a Memorandum of Understanding (MoU) to set up a Centre of Excellence
in Corporate Forensics.
• The agreement was signed to collaborate on enhancing expertise in international arbitration,
fraud investigation, data security, cyber security, and anti-money laundering.

24. According to the recent(in August ‘24) research report by State Bank of India(SBI), the
Consumer Price Inflation in India is expected to remain around ________ in the financial year
2024-25 .
1) 4.8 %
2) 4.5 %
3) 5 %
4) 5.2 %
5) 4.7 %
Answer- 3) 5%
Explanation:
According to a research report by State Bank of India(SBI), the Consumer Price Inflation in India is
expected to remain around 5 per cent in the financial year 2024-25 except for September and October.
• The report also suggested, the weighted average lending rate (WALR) on fresh rupee loan
decreased by 11 bps from the beginning of the year (i.e. from 9.43 in January'24 to 9.32 in
June'24).

25. Which Indian payment app recently (in August ‘24) launched its payment services at
selected locations in Paris, France?
1) JioFinance
2) TimePay
3) BharatPe
4) PhonePe
5) PayZapp
Answer- 1) JioFinance
Explanation:
Jio Financial Services Ltd announced the launch of its payment services at selected locations in Paris,
France.
• The JioFinance app facilitates the purchase of tickets for the Eiffel Tower through its official
website, La Tour Eiffel.
• The app will also facilitate payments for in-store purchases at Galeries Lafayette Paris
Hausmann.
• JioFinance’s partnership with Visa, the official payments partner of the Paris 2024 Olympic
Games, ensures its presence at India House.

26. Who is the current (As of August ‘24) Chief Executive Officer(CEO) of the Association of
Mutual Funds in India (AMFI)?
1) Gop Kumar Bhaskaran
2) Shamsher Singh

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3) N.S.Venkatesh
4) Sundeep Sikka
5) Deepak Parekh
Answer- 3) N.S.Venkatesh
Explanation:
About Association of Mutual Funds in India (AMFI):
Chief Executive Officer(CEO) -N.S.Venkatesh
Headquarters – Mumbai, Maharashtra
Founded – 1995

CA STATIC GK

1. Which organisation has recently (in August’ 2024) collaborated with the International
Olympic Committee (IOC) and France to ensure the Paris Olympics is healthy and safe for both
spectators and athletes?
1) World Health Organization
2) Global Health Council
3) Partners in Health
4) Occupational Safety and Health Administration
5) National Safety Council
Answer- 1) World Health Organization
Explanation:
The World Health Organization (WHO) is collaborating with the International Olympic
Committee (IOC) and France to ensure the Paris Olympics is healthy and safe for both spectators
and athletes.

2. In August 2024, the European Union (EU) approved ________ in humanitarian aid to help the
most affected population in the recent floods in India, northern Bangladesh and the
Philippines.
1) Euro 5.1 million
2) Euro 4.9 million
3) Euro 2.4 million
4) Euro 1.9 million
5)Euro 3.3 million
Answer- 3) Euro 2.4 million
Explanation:
On July 30th 2024, The European Union (EU) approved Euro 2.4 million in humanitarian aid to help
the most affected population in the recent floods in India, northern Bangladesh and the Philippines.
• The funding will help provide cash assistance, food, access to clean water and sanitation, and
other essential services in the hardest-hit areas.

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3. In July 2024, Wayanad district experienced landslides as a result of heavy rainfall.
According to the “Landslide Atlas of India” report prepared by the Hyderabad-based National
Remote Sensing Centre (NRSC) of the Indian Space Research Organisation (ISRO), Wayanad
was ranked _________ in the most landslide-prone districts in India.
1) 5th
2) 8th
3) 13th
4) 10th
5) 15th
Answer- 3) 13th
Explanation:
In July 2024, Wayanad district experienced landslides as a result of heavy rainfall. According to the
“Landslide Atlas of India” report prepared by the Hyderabad-based National Remote Sensing Centre
(NRSC) of the Indian Space Research Organisation (ISRO), Wayanad was ranked 13th in the most
landslide-prone districts in India.
• According to the report, 10 out of the 30 most landslide-prone districts in India are located in
Kerala.
• As per the report, Uttarakhand’s Rudraprayag (1st) and Tehri Garhwal (2nd) are the most
landslide-prone districts in India.

4. Who has been recently (in July’24) conferred with the V Venkayya Epigraphy Award for
2024?
1) V. Vedachalam
2) M.H. Krishna
3) Hiranand Sastri
4) D.R. Bhandarkar
5) R. Narasimhacharya
Answer- 1) V. Vedachalam
Explanation:
V. Vedachalam, an eminent Tamil epigrapher and historian, has been conferred the V Venkayya
Epigraphy Award for 2024.
• Vedachalam has written and co-written more than 25 books on subjects such as epigraphy,
numismatics, temple art, religion, and society.
• Epigraphy is the study of Inscriptions on Rocks, Pillars, Temple walls, Copper plates and other
writing materials like Stones, Metals, Potteries, Woods, Palm leaves, Clothes, Conch shells,
Mural paintings and Coins.

5. In July 2024, National Security Advisor (NSA) Ajit Doval represented India at the 4th Annual
Meeting of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation
(BIMSTEC) Security Chiefs meeting in __________.
1) Dhaka, Bangladesh
2) Colombo, Sri Lanka
3) Naypyitaw, Myanmar
4) New Delhi, India
5) Bangkok, Thailand.

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Answer- 3) Naypyitaw, Myanmar
Explanation:
On 26th July 2024, Ajit Doval, the National Security Advisor (NSA) led the Indian delegation at the
4th Annual Meeting of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic
Cooperation (BIMSTEC) Security Chiefs in Naypyitaw, Myanmar.

6. According to the data from the National Tiger Conservation Authority (NTCA), a total of
_______ tigers died in India from 2019 to 2023 due to natural causes and other reasons, including
poaching.
1) 710
2) 401
3) 540
4) 628
5) 370
Answer- 4) 628
Explanation:
A total of 628 tigers died in India during the past five years due to natural causes and other reasons,
including poaching.
• Meanwhile 349 people were killed in tiger attacks during this period, with Maharashtra alone
recording 200 deaths.
• According to the National Tiger Conservation Authority (NTCA), 96 tigers died in 2019, 106 in
2020, 127 in 2021, 121 in 2022 and 178 in 2023.

7. Which country has recently (in August’ 24) displaced the United Arab Emirates (UAE) to
become India’s second-largest supplier of Liquefied Natural Gas (LNG) in 2023, with shipments
reaching 3.09 million tonnes (MT)?
1) Russia
2) United Kingdom(UK)
3) Brazil
4) Singapore
5) United States of America (USA)
Answer- 5) United States of America (USA)
Explanation:
The United States of America (USA) has displaced the United Arab Emirates (UAE) to become
India’s second-largest supplier of Liquefied Natural Gas (LNG) in 2023, with shipments reaching
3.09 million tonnes (MT).
• LNG is emerging as a substitute fuel in the transition towards green energy.
• Analysts attributed the development to weakening LNG prices in international markets as well
as India’s proximity, via the Cape of Good Hope, to US LNG cargoes compared to North Asia.
The US also emerged as the world’s largest LNG exporter in 2023.
• According to the world LNG report 2024 by International Gas Union (IG), released earlier this
month, the US supplied India 1.8 MT LNG in the pre-pandemic period (2019) and the quantity
increased to 3.86 MT in 2021.

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8. Who is the current (As of August ‘24) Chairman of the Central Board of Direct Taxes (CBDT)?
1) Ravi Agrawal
2) Arvind Panagariya
3) Srikant Madhav Vaidya
4) Manoj Mittal
5) Pradip Kumar Das
Answer- 1) Ravi Agrawal
Explanation:
About Central Board of Direct Taxes (CBDT):
Chairman – Ravi Agrawal
Headquarters – New Delhi, Delhi
Established – 1963

9. Where is the headquarters of the United Nations Economic and Social Council (UN ECOSOC)
situated?
1) Geneva, Switzerland
2) Jakarta, Indonesia
3) Rome, Italy
4) New York, the United States of America (USA)
5) Vienna, Austria
Answer- 4) New York, the United States of America (USA)
Explanation:
About United Nations Economic and Social Council (UN ECOSOC):
President– Robert Bob Rae(Canada)
Headquarters– New York, the United States of America (USA)
Establishment– 1945

10. In Which state, the Krishna Wildlife Sanctuary is situated?


1) Tamil Nadu
2) Kerala
3) Andhra Pradesh
4) Telangana
5) Odisha
Answer- 3) Andhra Pradesh
Explanation:
About Andhra Pradesh(AP):
Chief Minister(CM)– N. Chandrababu Naidu
Governor– Syed Abdul Nazeer
Wildlife Sanctuaries– Sri Lankamalleswara Wildlife Sanctuary, and Krishna Wildlife Sanctuary

11. In Which year, the Indo-Pacific Economic Framework (IPEF) was established?
1) 2020
2) 2021
3) 2022
4) 2023

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5) 2019
Answer- 3) 2022
Explanation:
About Indo-Pacific Economic Framework (IPEF):
IPEF was launched on 23rd May 2022 in Tokyo, Japan.
14 partner countries: Australia, Brunei, Fiji, India, Indonesia, Japan, Republic of Korea, Malaysia,
New Zealand, Philippines, Singapore, Thailand, Vietnam and U.S.A.

12. Which Indian armed force has recently (in July ‘24) launched ‘Suvidha Software Version
1.0’ to enhance training protocols and ensure consistency across its platforms?
1) Indian Coast Guard
2) Indian Army
3) Indian Navy
4) Indian Air Force
5) Border Security Force
Answer- 1) Indian Coast Guard
Explanation:
Indian Coast Guard (ICG) launched ‘Suvidha Software Version 1.0’ during its maiden ‘Annual
Operational Sea Training Conference’ at Visakhapatnam, Andhra Pradesh on July 30, 2024.
• This software is a cutting-edge tool designed to enhance training protocols and ensure
consistency across all ICG platforms.

13. Which automobile company has recently (in July ‘24) signed a MoU with Maharashtra
government to examine the setting up of a greenfield manufacturing facility at Chhatrapati
Sambhaji Nagar in Maharashtra?
1) Tata Motors
2) Mahindra & Mahindra
3) Toyota Kirloskar Motor
4) Hyundai Motor India
5) Maruti Suzuki
Answer- 3) Toyota Kirloskar Motor
Explanation:
In July 2024, Toyota Kirloskar Motor (TKM) has recently (in July ‘24) signed a MoU with the
Maharashtra government to examine the setting up of a greenfield manufacturing facility with an
investment of around Rs 20,000 crore at Chhatrapati Sambhaji Nagar in Maharashtra.

14. Which ministry has recently (in August’ 24) granted approval for Port Blair Seaport in
Andaman and Nicobar Islands as an authorised Integrated Check Posts (ICP) for entry of
foreign nationals holding e-visa?
1) Ministry of Tourism
2) Ministry of Civil Aviation
3) Ministry of Earth Science
4) Ministry of Home Affairs
5) Ministry of Ports, Shipping and Waterways
Answer- 4) Ministry of Home Affairs

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Explanation:
The Ministry of Home Affairs (MoHA) has approved Port Blair Seaport in Andaman and Nicobar
Islands as an authorised Integrated Check Posts (ICP) for entry of foreign nationals holding e-visa.
• This move aims to attract tourists and yacht charters, enhancing the region's tourism potential.
Officials and tourism operators welcome the decision, envisioning it as a boost for local and
foreign tourism.
• Apart from Port Blair, five other Indian seaports: Mumbai, Cochin, Mormugao, Chennai, and
New Mangalore will also accept e-visa entries.

15. Name the city that has recently (in August’ 24) introduced India’s largest and world’s
second largest ropeway network that is set to begin in 2025?
1) Lucknow, Uttar Pradesh
2) Aizawl, Mizoram
3) Bhopal, Madhya Pradesh
4) Bhubaneswar, Odisha
5) Shimla, Himachal Pradesh
Answer- 5) Shimla, Himachal Pradesh
Explanation:
Shimla introduces India's first urban ropeway network to tackle traffic congestion with 13
boarding and deboarding stations and one turning station.
• The construction of the world's second-largest ropeway project, the 13.79-km Shimla
Himachal Pradesh (HP) Ropeway Project aimed at decongesting the state capital Shimla, will
commence on March 1, 2025.

16. Name the personality who has recently (in August’ 24) became the first woman to be
appointed as the Director General Medical Services (DGMS) of the Indian Army (IA).
1) Sakshi Dubey
2) Arti Sarin
3) Sheila S. Mathai
4) Sadhna Saxena Nair
5) Madhuri Kanitkar
Answer- 4) Sadhna Saxena Nair
Explanation:
Lieutenant General Sadhna Saxena Nair, becomes the first woman to be appointed as the Director
General Medical Services (DGMS) of the Indian Army (IA).

17. Who is the current (as of July ‘24) union minister of Minority Affairs?
1) Pralhad Joshi
2) Kiren Rijiju
3) Gajendra Singh Shekhawat
4) Mansukh Mandaviya
5) Ashwini Vaishnaw
Answer- 2) Kiren Rijiju

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Explanation:
About the Ministry of Minority Affairs (MoMA):
Union Minister – Kiren Rijiju (Lok Sabha Constituency – Arunachal Pradesh (West)
Minister of State (MoS) – George Kurian

18. The Tech Leaders Forum of India (TELFI) was launched at World Education Conference
2024 in ____________ (city) .
1) Beijing, China
2) Paris, France
3) Rome, Italy
4) Dubai, United Arab Emirates
5) Barcelona, Spain
Answer- 4) Dubai, United Arab Emirates
Explanation:
The Tech Leaders Forum of India (TELFI) was launched at the World Education Conference 2024,
hosted by the Federation of Economic Development Association (FEDA) at Hamdan Bin Mohammed
Smart University in Dubai, United Arab Emirates (UAE).
• TELFI, a new initiative aimed at empowering engineers, was launched as a key highlight of the
conference.
• The forum is designed to support engineers through various professional activities, including
webinars, workshops, and training sessions.

19. Which Indian Institute of Technology (IIT) has recently (in July ’ 24) honoured Google Chief
Executive Officer (CEO) Sundar Pichai with the Doctor of Science (Honoris Causa) Award?
1) IIT Bombay
2) IIT Delhi
3) IIT Madras
4) IIT Kanpur
5) IIT Kharagpur
Answer- 5) IIT Kharagpur
Explanation:
Indian Institute of Technology (IIT) Kharagpur honoured Google Chief Executive Officer (CEO)
Sundar Pichai with the Doctor of Science (Honoris Causa) Award and his wife Anjali Pichai with
Distinguished Alumnus Award at a programme in San Francisco in the United States of America
(USA).

20. Which is the capital of the Republic of Senegal?


1) Dakar
2) Cairo
3) Libreville
4) Accra
5) Tripoli
Answer- 1) Dakar

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Explanation:
About Republic of Senegal:
President – Bassirou Diomaye Faye
Capital – Dakar
Currency – West African CFA franc (XOF)

21. Who is the current(as of July ‘24) Director-General(DG) of the United Nations Educational,
Scientific and Cultural Organization (UNESCO)?
1) Teresa Patricio
2) Helena Leurent
3) Ursula von der Leyen
4) Masatsugu Asakawa
5) Audrey Azoulay
Answer- 5) Audrey Azoulay
Explanation:
About United Nations Educational, Scientific and Cultural Organization
(UNESCO):
Director-General– Audrey Azoulay
Headquarters– Paris, France
Establishment– 1945

22. In August 2024, the Government of India (GoI) signed a grant agreement with
___________ (country) to implement the Project for Human Resource Development Scholarship
(JDS).
1) Japan
2) Singapore
3) United States of America
4) France
5) New Zealand
Answer- 1) Japan
Explanation:
The Japan International Cooperation Agency (JICA) has signed a grant agreement with the
Government of India (GoI) to implement ‘The Project for Human Resource Development
Scholarship (JDS)’.
• This initiative is designed to provide full scholarships to 36 Indian government officials over
the next four years, allowing them to pursue two-year master’s degrees at Japanese
universities.
• The first cohort of nine officials will be admitted under an initial grant of approximately Rs 12
crores (Japanese yen - JPY 223 million).

23. Who has been recently (in August’ 24) appointed as the Director of the Indian Council of
Agricultural Research (ICAR)-Central Marine Fisheries Research Institute (CMFRI)?
1) Manju Rahi
2) Rajiv Bahl
3) Kalyan Banerjee

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4) Grinson George
5) Namita Mahapatra
Answer- 4) Grinson George
Explanation:
Grinson George has been appointed as the Director of the Indian Council of Agricultural Research
(ICAR)-Central Marine Fisheries Research Institute (CMFRI).

24. Which National Institute of Technology (NIT) has recently (in July ‘24) launched a
‘Nivahika’ portal for data management?
1) NIT Delhi
2) NIT Raipur
3) NIT Rourkela
4) NIT Calicut
5) NIT Bhopal
Answer- 4) NIT Calicut
Explanation:
The National Institute of Technology-Calicut (NIT-C) has launched ‘Nivahika’, a cutting-edge web
portal. This portal is designed to change how the institute handles and reports data.
• It will improve the accuracy and consistency of the institute’s data submissions and help with
national rankings.
• It is a tool that helps collect, organise, and report data more effectively across different
departments and research centres at NIT-C.

25. How much lakh crore rupees was the Goods and Services Tax (GST) collected in July 2024?
1) Rs 1.65 lakh crore
2) Rs 1.82 lakh crore
3) Rs 1.34 lakh crore
4) Rs 1.56 lakh crore
5) Rs 1.95 lakh crore
Answer- 2) Rs 1.82 lakh crore
Explanation:
The gross goods and services tax (GST) collection in July 2024 reached Rs 1.82 lakh crore, reflecting a
10.3% increase from Rs 1.65 lakh crore in July 2023.
• Gross revenue from domestic transactions was Rs 1.34 lakh crore, up 8.9%. GST revenue on
imports rose 14.4% to Rs 48,039 crore.

26. Who is the current (as of August ‘24) Chairman of the Central Water Commission (CWC)?
1) Pradip Kumar Das
2) Srikant Madhav Vaidya
3) Ravi Agrawal
4) Kushvinder Vohra
5) Dilip Asbe
Answer- 4) Kushvinder Vohra

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Explanation:
About the Central Water Commission (CWC):
CWC (formerly Central Waterways, Irrigation and Navigation Commission, CWINC) is an attached
office of the Ministry of Jal Shakti (MoJS), under the Department of Water Resources, River
Development, and Ganga Rejuvenation (DoWR, RD & GR).
Chairman – Kushvinder Vohra
Headquarters – New Delhi, Delhi
Established – 1945

27. Where is the headquarters of the Global Footprint Network situated?


1) Tokyo, Japan
2) Geneva, Switzerland
3) Paris, France
4) Montreal, Canada
5) Vienna, Austria
Answer- 2) Geneva, Switzerland
Explanation:
About the Global Footprint Network:
Global Footprint Network is an international nonprofit organization founded in 2003.
Chief Executive Officer (CEO)- Steven Tebbe
Headquarters– Geneva, Switzerland

28. Who is the current (as of August ‘24) Chief Executive Officer (CEO) of Garuda Aerospace
Private Limited?
1) Agnishwar Jayaprakash
2) Ajay Singh
3) Pawan Kumar Chandana
4) Brajesh Kumar Upadhyay
5) Srinath Ravichandran
Answer- 1) Agnishwar Jayaprakash
Explanation:
About Garuda Aerospace Private Limited:
Chief Executive Officer (CEO)- Agnishwar Jayaprakash
Headquarters– Chennai, Tamil Nadu
Founded- 2015.

29. Which company has recently (in August’ 24) announced the launch of ‘District’, a new app
for its going-out business?
1) Zepto
2) Flipkart
3) Zomato
4) Swiggy
5) JioMart
Answer- 3) Zomato

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Explanation:
Zomato, Gurugram (Haryana) based food and delivery platform announced the launch of ‘District’, a
new app for its going-out business.
• This app consolidates various out-of-home services like dining, movie tickets, sports events,
live shows, shopping, and stays.
• The company has been increasing focus on the vertical which includes dining out, live events
and ticketing.

30. Which company has recently (in August’ 24) launched a feature called GitHub Models,
designed to help developers explore Artificial intelligence (AI) models?
1) Oracle
2) Amazon
3) Apple
4) Google
5) Microsoft
Answer- 5) Microsoft
Explanation:
GitHub, a Microsoft’s developer platform has announced GitHub Models, an interactive sandbox
environment for developers and engineers to explore different AI models for free.
• The leading models like Meta AI’s Llama 3.1, OpenAI’s GPT-4o and GPT-4o mini, Mistral AI’s
Mistral Large 2 and Cohere’s Command will be among the options available.
• The playground’s beta version has been made available to a limited group of people.
• The developers can use GitHub Models to deploy AI models via the built-in playground, test
different prompts and model parameters and then launch them into environments like GitHub
Codespaces and Visual Studio Code.

31. In August 2024, the National Council for Educational Research and Training (NCERT)
released guidelines for the implementation of __________ bagless days for classes 6 to 8.
1) 30
2) 25
3) 15
4) 10
5)20
Answer- 4) 10
Explanation:
The National Council for Educational Research and Training (NCERT) released guidelines for the
implementation of ‘10 bagless days’ for classes 6 to 8 in an effort to make learning in schools more
experiential and stress-free.
• These guidelines come after the new National Education Policy (NEP), 2020 recommended
that all students in classes 6 to 8 participate in a ten-day bagless period.
• It was released on the anniversary of NEP 2020 (29th July 2020) with the objective to make the
ten bagless days period an integral part of the teaching-learning process rather than an add-on
to the existing scheme of studies of education.

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32. According to the United Nations (UN)report titled “State of Food Security and Nutrition in
the World (SOFI) 2024, India’s prevalence of hunger has declined from 16.6% in 2022 to _____ in
2023.
1) 13.7%
2) 12.8%
3) 10.5%
4) 11.9%
5) 9.4%
Answer- 1) 13.7%
Explanation:
According to the latest United Nation(UN)report titled “State of Food Security and Nutrition in the
World (SOFI) 2024: Financing to end hunger, food insecurity and malnutrition in all its forms”, India’
prevalence of hunger has declined from 16.6% in 2022 to 13.7% in 2023.

33. The Government of India(GoI) has permitted _______ Foreign Direct Investment (FDI) via
automatic route for aircraft maintenance, repair and overhaul (MRO).
1) 50%
2) 25%
3) 100%
4) 75%
5) 80%
Answer- 3) 100%
Explanation:
The Government of India(GoI) has permitted 100% Foreign Direct Investment (FDI) via automatic
route for aircraft maintenance, repair and overhaul (MRO).
• It also announced that a uniform rate of 5 per cent IGST will apply to imports of parts
components, testing equipment, tools and tool-kits of aircraft, irrespective of their HSN
classification subject to specified conditions.
• The period for export of goods imported for repairs has been extended from six months to one
year.
• The time limit for re-import of goods for repairs under warranty has been extended from three
to five years.

34. In which state ‘Ghughwa National Fossils Park’ is located?


1) Himachal Pradesh
2) Uttarakhand
3) Maharashtra
4) Arunachal Pradesh
5) Madhya Pradesh
Answer- 5) Madhya Pradesh
Explanation:
About Madhya Pradesh:
Chief Minister– Mohan Yadav
Governor– Mangubhai Chhaganbhai Patel
National Park– Kuno National Park; Ghughwa National Fossils Park

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Wildlife Sanctuary– Nauradehi Wildlife Sanctuary; Orchha Wildlife Sanctuary

35. Chinese _________ is the currency of China.


1) Yen
2) Rial
3) Won
4) Yuan
5) Peso
Answer- 4) Yuan
Explanation:
About China:
Prime Minister (PM)- Li Qiang
President– Xi Jinping
Capital– Beijing
Currency– Chinese Yuan

36. Who is the current (As of August ‘24) president of Germany?


1) Dick Schoof
2) Frank-Walter Steinmeier
3) Gabriel Attal
4) Olaf Scholz
5) Keir Starmer
Answer- 2) Frank-Walter Steinmeier
Explanation:
About Federal Republic of Germany (FRG):
Chancellor- Olaf Scholz
President- Frank-Walter Steinmeier
Capital- Berlin
Currency- Euro (EUR)

37. In Which year the Centre for Development of Telematics (C-DOT) was established?
1) 1984
2) 1991
3) 1997
4) 2001
5) 2005
Answer- 1) 1984
Explanation:
About the Centre for Development of Telematics (C-DOT):
Chief Executive Officer (CEO) – Rajkumar Upadhyay
Headquarters – New Delhi, Delhi
Established – 1984

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38. Who is the current (as of August ‘24) chairman of the Telecom Regulatory Authority of
India (TRAI)?
1) Gurdeep Singh
2) Rajesh Gera
3) Tripti Gurha
4) Anil Kumar Lahoti
5) Atul Karwal
Answer- 4) Anil Kumar Lahoti
Explanation: About Telecom Regulatory Authority of India (TRAI):
Chairman-Anil Kumar Lahoti
Headquarters- New Delhi, Delhi
Established- 20th February, 1997

39. In August 2024, Scientists have discovered a comet A117uUD, being ejected from the solar
system after a close encounter with_________ (planet).
1) Earth
2) Mars
3) Jupiter
4) Saturn
5) Venus
Answer- 4) Saturn
Explanation:
Scientists have discovered a comet being ejected from the solar system after a close encounter with
Saturn.
• The object, named Comet A117uUD, was discovered on June 14, 2024, by the Asteroid
Terrestrial-impact Last Alert System (ATLAS).
• Researchers utilised 142 observations to trace the comet's orbit around the sun and found that
A117uUD had a significant encounter with Saturn in 2022.
• The researcher used models to predict the path of A117uUD and discovered that the comet
would exit the solar system while flying at a speed of around 6,710 miles per hour (10,800
km/h).

40. How many billion cubic meters (BCM) of gas were produced by India in the fiscal year
2023-24?
1) 28.7
2) 36.43
3) 32.14
4) 38.54
5) 40.2
Answer- 2) 36.43
Explanation:
In the fiscal year 2023-24, India achieved gas production of 36.43 billion cubic meters (BCM), up from
28.7 BCM in FY21.
• According to Union Petroleum and Natural Gas Minister Hardeep Singh Puri, India is projected
to reach 45.3 BCM gas production by FY26.

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41. Which state has recently (in August’ 24) become the first state in India, to purchase all 23
crops at the Minimum Support Price (MSP)?
1) Karnataka
2) Haryana
3) Punjab
4) Tamil Nadu
5) Madhya Pradesh
Answer- 2) Haryana
Explanation:
Haryana Chief Minister (CM) Nayab Singh Saini announced that Haryana has become the first state
in India, to purchase all 23 crops at the minimum support price (MSP).
• Previously, Haryana procured 14 crops at MSP.

42. In which state/UT, Nokrek Ridge National Park is located?


1) Sikkim
2) Jammu & Kashmir
3) Meghalaya
4) Uttarakhand
5) Madhya Pradesh
Answer- 3) Meghalaya
Explanation:
Nokrek National Park is a prominent national park located in the state of Meghalaya in
northeastern India. It is one of the most significant biodiversity hotspots in the region and has been
designated as a UNESCO Biosphere Reserve.
i. The Nokrek National Park is home to diverse ecosystems, including tropical and subtropical forests,
grasslands, and high-altitude plateaus

43. In Which state, the Fakim WildLife Sanctuary is situated?


1) Nagaland
2) Assam
3) Meghalaya
4) Arunachal Pradesh
5) Mizoram
Answer- 1) Nagaland
Explanation:
About Nagaland:
Chief Minister- Neiphiu Rio
Governor- La Ganesan
National Park (NP)- Ntanki NP
Wildlife Sanctuaries (WLS)- Fakim WLS, Puliebadze WLS

44. Vietnamese ____ is the currency of Viet Nam.


1) Dollar
2) Real
3) Yuan

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4) Dong
5) Yen
Answer- 4)Dong
Explanation:
About Viet Nam:
Prime Minister(PM) – Pham Minh Chinh
President – To Lam
Capital – Hanoi
Currency –Vietnamese dong

45. In Which state/Union Territory(UT), the Oussudu Lake Bird Sanctuary is situated?
1) Ladakh
2) Jammu & Kashmir
3) Puducherry
4) Lakshadweep
5) Dadra and Nagar Haveli and Daman & Diu
Answer- 3) Puducherry
Explanation:
About Puducherry:
Chief Minister– Natesan Krishnasamy Rangasamy
Lieutenant Governor– C.P. Radhakrishnan
Bird Sanctuary– Oussudu Lake Bird Sanctuary

46. What is the ‘motto’ of the Border Security Force (BSF)?


1) Service and Loyalty
2) Duty Unto Death
3) Protection and Security
4) Sarvatra Sarvottam Suraksha
5) Service, Security and Brotherhood
Answer- 2) Duty Unto Death
Explanation:
About Border Security Force (BSF):
BSF is India’s border guarding organisation which is known as the 1st line of defence and also one of
the seven Central Armed Police Forces (CAPF) of India.
Director General (DG) – Daljit Singh Chawdhary
Headquarters – New Delhi, Delhi
Motto – ‘Duty Unto Death’

47. In which state Udanti Sitanadi tiger reserve is located?


1) Odisha
2) Maharashtra
3) Madhya Pradesh
4) West Bengal
5) Chhattisgarh
Answer- 5) Chhattisgarh

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Explanation:
The Udanti Sitanadi tiger reserve is located in Chhattisgarh.
i. It was declared a tiger reserve in the year 2008-09. The Udanti and Sitanadi Rivers flow through the
Reserve. There are few perennial springs including the famous Deodhara and Godene falls. Asiatic
Wild Buffalo is the key endangered species found in the Core Area.

48. In which state/UT Nanda Lake is located?


1) Karnataka
2) Goa
3) Andhra Pradesh
4) Jammu and Kashmir
5) Ladakh
Answer- 2) Goa
Explanation:
i.Nanda Lake located in Goa is habitat for notable faunal species including Threskiornis
melanocephalus (Black-headed ibis), Alcedoatthis (Common kingfisher), Hirundo smithii (Wire-tailed
swallow)
ii. Nanda Lakewetland from Goa, India was added to the Ramsar Sites in 2022.

49. Name the airline company that has recently (in August’ 24) became the first Indian airline
to launch a Virtual Interline platform, offering flyers a wider range of booking options.
1) IndiGo
2) SpiceJet
3) Vistara
4) Air India Express
5) Go First
Answer- 4) Air India Express
Explanation:
Air India Express has launched its Virtual Interline platform, becoming the first Indian airline to
offer this innovative service.
• The platform, ‘AIX Connect’, was developed in collaboration with travel solutions technology
company Dohop and aims to provide travellers with a broader range of booking options by
allowing them to book connecting flights from different airlines seamlessly.

50. Which Indian ship that recently (in August’24) won the Naval Gunfire Support Competition
at the Rim of the Pacific Exercise- 2024 (RIMPAC-2024)?
1) INS Arihant
2) INS Sindhughosh
3) INS Vikrant
4) INS Shivalik
5) INS Vikramaditya
Answer- 4) INS Shivalik

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Explanation:
INS Shivalik of the Indian Navy has emerged victorious in the Naval Gunfire Support Competition at
the Rim of the Pacific Exercise- 2024 (RIMPAC-2024), held in Hawaii, and won the coveted RODEO
trophy.
• RIMPAC 2024 was held from 27th June to 1st August 2024 in the United States of America
(USA).
• Led by the US Navy, the RIMPAC multinational exercise involves approximately 29 nations,
with 40 surface ships, 3 submarines, 14 national land forces, over 150 aircraft, and 25,000
personnel.

51. Which Greek goddess is featured in the 2024 Paris Summer Olympics medal?
1) Artemis
2) Athena Nike
3) Asteria
4) Minerva
5) Calypso
Answer- 2) Athena Nike
Explanation:
In the 2024 Paris Summer Olympics medals, the goddess of victory, Athena Nike, is depicted in the
foreground, emerging from the Panathenaic Stadium, which was pivotal in the revival of the Olympic
Games in 1896.
The other side of the medals will feature a unique design that incorporates a piece of the Eiffel Tower.
• The iron pieces, weighing 18 grams each, were obtained from girders and other parts that were
replaced during renovations of the Eiffel Tower.
• The hexagonal shape of the iron pieces represents France, often referred to as "L'Hexagone"
due to its geographical shape.
• The Paris Mint is producing 5,084 medals in total, with the gold medals weighing 529 grams
and containing 6 grams of gold plating over silver.
• The silver medals weigh 525 grams, while the bronze medals weigh 455 grams and are made of
copper, tin, and zinc alloy.
• Each medal measures 85 millimeters across and 9.2 millimeters thick.

52. Which is the capital of the Federation of Saint Kitts and Nevis (SKN)?
1) Addis Ababa
2) Brazzaville
3) Basseterre
4) Gaborone
5) Moroni
Answer- 3) Basseterre
Explanation:
About the Federation of Saint Kitts and Nevis (SKN):
SKN(also known as the Federation of Saint Christopher and Nevis) is a dual-island country situated
between the Atlantic Ocean and Caribbean Sea. It consists of the two islands of Saint Kitts and Nevis,
both located in the West Indies, in the Leeward Islands chain of the Lesser Antilles.
Prime Minister (PM) – Terrance Micheal Drew

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Capital – Basseterre
Currency – East Caribbean Dollar (XCD)

53. In Which state, the Chinnar Wildlife Sanctuary is situated?


1) Kerala
2) Tamil Nadu
3) Karnataka
4) Andhra Pradesh
5) Telangana
Answer- 1) Kerala
Explanation:
About Kerala:
Chief Minister (CM)- Pinarayi Vijayan
Governor– Arif Mohammed Khan
Capital– Thiruvananthapuram
Wildlife Sanctuaries– Chinnar Wildlife Sanctuary, and Chimmony Wildlife Sanctuary
Airports– Calicut International Airport (also known as Karipur Airport), and Kannur International
Airport

54. Where is the headquarters of the Assam Rifles situated?


1) Itanagar, Arunachal Pradesh
2) Shillong, Meghalaya
3) Dispur, Assam
4) Kohima, Nagaland
5) Agartala, Tripura
Answer- 2) Shillong, Meghalaya
Explanation:
About the Assam Rifles:
Assam Rifles was established in 1835 as the “Cachar Levy.” It is fondly called ‘Friends of the North
East People’.
Director-General (DG)– Lt Gen Vikas Lakhera
Headquarters– Shillong, Meghalaya

55. In which year was Bharat Dynamics Limited (BDL) established?


1) 1968
2) 1975
3) 1987
4) 1991
5) 1970
Answer- 5) 1970
Explanation:
About Bharat Dynamics Limited (BDL):
Chairman & Managing Director (CMD)- Commodore A Madhavrao (Retired)
Headquarter– Hyderabad, Telangana
Established- 1970

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56. Who is the current (as of August ‘24) governor of Jharkhand?
1) Om Prakash Mathur
2) Kuniyil Kailashnathan
3) C.P. Radhakrishnan
4) Santosh Gangwar
5) Gulab Chand Kataria
Answer- 4) Santosh Gangwar
Explanation:
About Jharkhand:
Chief Minister (CM) – Hemant Soren
Governor – Santosh Gangwar
Capital – Ranchi
Wildlife Sanctuaries – Parasnath Wildlife Sanctuary, Topchanchi Wildlife Sanctuary

57. Who is the current (as of August ‘24) Prime Minister (PM) of Japan?
1) Shinzo Abe
2) Fumio Kishida
3) Yoshihide Suga
4) Lai Ching-te
5) Yoon Suk Yeol
Answer- 2) Fumio Kishida
Explanation:
About Japan:
Prime Minister (PM)- Fumio Kishida
Capital– Tokyo
Currency– Japanese Yen

58. Who has recently (in August’ 24) stepped down as chairperson of the National Commission
for Women (NCW)?
1) Vinod Easwaran
2) Abhijit Kamalapurkar
3) Rekha Sharma
4) Girija Vyas
5) Lalitha Kumaramangalam
Answer- 3) Rekha Sharma
Explanation:
Rekha Sharma's tenure as chairperson of the National Commission for Women (NCW) concluded
on August 6, 2024, marking the end of her nine-year tenure which began on August 7, 2018.
• Rekha Sharma has been a prominent member of the National Commission for Women (NCW)
since August 2015. She took on the role of chairperson on August 7, 2018, after initially serving
as an additional chairperson from September 29, 2017.

59. In which state, the ‘Nameri Tiger Reserve’ is located?


1) Assam
2) Uttarakhand

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3) Uttar Pradesh
4) Madhya Pradesh
5) Gujarat
Answer- 1) Assam
Explanation:
About Assam:
Chief Minister- Himanta Biswa Sarma
Governor- Lakshman Prasad Acharya
National Parks– Kaziranga National Park, Dibru – Saikhowa National Park
Tiger Reserves– Manas Tiger Reserve, Nameri Tiger Reserve

60. Name the Indian Naval Ship (INS) that has recently (in August’ 24) conducted a Maritime
Partnership Exercise (MPX) with the Russian Navy Ship Soobrazitelny.
1) INS Tabar
2) INS Vikrant
3) INS Jalashwa
4) INS Gharial
5) INS Kesari
Answer- 1) INS Tabar
Explanation:
On 30 July 2024, The Indian Naval Ship (INS) Tabar, commanded by Captain MR Harish with a crew
of 280 officers and sailors, conducted a Maritime Partnership Exercise (MPX) with the Russian Navy
Ship Soobrazitelny.
• The INS Tabar participated in the 328th Russian Navy Day Parade celebrations.
• It was the second time that INS Tabar was participating in the Russian Navy Day Parade. It
participated in the 325th Russian Navy Day Parade held in 2021.

61. Who has recently (in August’ 24) taken over the additional charge as the Chairman and
Managing Director (CMD) of Mazagon Dock Shipbuilders Limited (MDL)?
1) Jasbir Singh
2) Sanjeev Singhal
3) Biju George
4) Vasudev Puranik
5) Pradeep Chauhan
Answer- 2) Sanjeev Singhal
Explanation:
Sanjeev Singhal takes charge of the additional charge of the post of Chairman and Managing Director
(CMD) of Mazagon Dock Shipbuilders Limited (MDL) for a period of one month, with effect from
August 1, 2024.
• He is currently serving as the Director (Finance) of (MDL).

62. Who has been recently (in August’ 24) appointed as the New General Counsel of Sony
Pictures Networks India (SPNI) with effect from September 1, 2024?
1) Anubrata Biswas
2) Kadambelil Paul Thomas

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3) Sarvjit Singh Samra
4) Sumant Kathpalia
5) Ritesh Khosla
Answer- 5) Ritesh Khosla
Explanation:
Ritesh Khosla has been appointed as the New General Counsel of Sony Pictures Networks India
(SPNI) with effect from September 1, 2024.
• He succeeds Ashok Nambissan, who is retiring after a distinguished tenure with the company.

63. In August 2024, the Union government granted ___________to the Union Territory (UT) of
Jammu and Kashmir (J&K) to clear its dues with the J&K Bank.
1) Rs 4,100 crore
2) Rs 7,900 crore
3) Rs 8,500 crore
4) Rs 5,940 crore
5) Rs 6,070 crore
Answer- 2) Rs 7,900 crore
Explanation:
The Union government has granted Rs 7,900 crore to the Union Territory (UT) of Jammu and
Kashmir (J&K) to clear its dues with the J&K Bank.
• The special funds have been allocated in the J&K budget to clear the outstanding dues of the
J&K government with the J&K Bank.
• The Centre has allocated Rs 42,277.74 crore for J&K in the Union Budget for 2024-25, marking
a 1.2 per cent increase from the previous financial year’s allocation.

64. Which organisation has recently (in August ‘24) released the updated "Integrated Fire
Management Voluntary Guidelines: Principles and Strategic Actions"?
1) International Union of Forest Research Organization
2) Food and Agriculture Organization
3) World Wildlife Fund
4) United Nations Forum on Forests
5) Center for International Forestry Research
Answer- 2) Food and Agriculture Organization
Explanation:
Food and Agriculture Organization (FAO) released the updated "Integrated Fire Management
Voluntary Guidelines: Principles and Strategic Actions."
• Extreme wildfires are projected to become about 50 percent more frequent by the end of the
century.
• Currently, around 340 million to 370 million hectares of the Earth's surface are burned by
wildfire annually.

65. Who is the current(as of August ‘24) Union Minister of the Ministry of Textiles (MoT)?
1) Giriraj Singh
2) Dharmendra Pradhan
3) Pralhad Joshi

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4) Jitan Ram Manjhi
5) Manohar Lal Khattar
Answer- 1) Giriraj Singh
Explanation:
About the Ministry of Textiles (MoT):
Union Minister– Giriraj Singh (Constituency: Begusarai, Bihar)
Minister of State (MoS)- Pabitra Margherita (Rajya Sabha, Assam)

66. Who is the current (As of August ‘24) Prime Minister (PM) of Mauritius?
1) Pravind Kumar Jugnauth
2) Mohamed Muizzu
3) Tharman Shanmugaratnam
4) Ranil Wickremesinghe
5) Ibrahim Mohamed Solih
Answer- 1) Pravind Kumar Jugnauth
Explanation:
About Mauritius:
Prime Minister (PM)- Pravind Kumar Jugnauth
Capital- Port Louis
Currency- Mauritian Rupee (MUR)

67. Which cricket team won the Tamil Nadu Premier League (TNPL) 2024 title by defeating the
Lyca Kovai Kings in the finals?
1) Chepauk Super Gillies
2) Trichy Grand Cholas
3) Nellai Royal Kings
4) Dindigul Dragons
5) Madurai Panthers
Answer-4) Dindigul Dragons
Explanation:
Dindigul Dragons captained by Ravichandran Ashwin won the Tamil Nadu Premier League (TNPL)
2024 title by defeating the Lyca Kovai Kings in the finals.
• The Tamil Nadu Premier League (TNPL) is a men's Twenty20 (T20) cricket league that is
annually held in Tamil Nadu and contested by eight city-based franchise teams.

68. Who has been recently (in August ‘24) appointed as the Managing Director(MD) and Chief
Executive Officer(CEO) of the Coromandel International Limited?
1) Ajay Singh
2) Mohinder Singh
3) Ravi Agrawal
4) Arun Kumar Misra
5) S. Sankarasubramanian
Answer-5) S. Sankarasubramanian

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Explanation:
In August 2024, S. Sankarasubramanian has been appointed as the Managing Director(MD) and Chief
Executive Officer(CEO) of the Coromandel International Limited.

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