Daily Current Affairs Quiz : August 18, 2021
August 18, 2021 August 17, 2021
1. In which State/UT, Narendra Singh Tomar has inaugurated the world’s second-largest refurbished state-of-the-art National Gene Bank?
[A] New Delhi
[B] Uttar Pradesh
[C] Gujarat
[D] Goa
Show Answer
Correct Answer: A [New Delhi]
Notes:- Union Minister for Agriculture and Farmers Welfare Narendra Singh Tomar has inaugurated the world’s second-largest refurbished state-of-the-art National Gene Bank at the National Bureau of Plant Genetic Resources (NBPGR), Pusa in New Delhi.
- The need for bio fortified crop varieties is being felt, which the government is trying to overcome.
- The National Gene Bank established in the year 1996 to preserve the seeds of Plant Genetic Resources (PGR) for future generations, has the capacity to preserve about one million germplasm in the form of seeds.
- Presently it is protecting 4.52 lakh accessions, of which 2.7 lakh are Indian germplasm and the rest have been imported from other countries.
2. Recently, Prime Minister Muhyiddin Yassin has resigned. He was the prime minister of which country?
[A] Afghanistan
[B] Philippines
[C] Cambodia
[D] Malaysia
Show Answer
Correct Answer: D [Malaysia]
Notes:- Malaysian Prime Minister, Muhyiddin Yassin, resigned on August 16, 2021 following the months of political turmoil in the country.
- He and his cabinet resigned after losing his majority. His resignation is going to open another chapter of instability as there is absence of any obvious successor currently.
- He resigned after the tenure of 17 months in office. Thus, it is the shortest stint of Malaysian leader.
- His resignation also impacts the efforts towards rebooting economy and controlling resurgence of Covid infections.
- Ringgit, the currency of Malaysia has fallen down to one-year low and its stock market also slipped.
- Political turmoil in Malaysia was triggered by a power grab within the then-ruling Pakatan Harapan coalition. It led to the resignation of former PM Mahathir Mohamad.
3. With which bank, Tata Motors has partnered with to offer car loan facilities?
[A] State Bank of India
[B] Bank of Maharashtra
[C] Bank of Baroda
[D] ICICI Bank
Show Answer
Correct Answer: B [Bank of Maharashtra]
Notes:- Tata Motors has joined hands with Bank of Maharashtra to offer car loan facilities for its New Forever range of passenger vehicles.
- Under the collaboration, Bank of Maharashtra will provide loans to Tata Motors’ customers at an interest rate starting from as low as 7.15% linked with Repo Linked Lending Rate (RLLR).
- The scheme will offer a maximum of 90% financing on the total cost of the vehicle.
4. Recently, which organization has launched a digital onboarding for its Alternate Investment Fund (AIF), the first of its kind in the industry?
[A] SBI Mutual Fund
[B] Franklin Templeton Mutual Fund
[C] ASK Investment Managers Ltd
[D] JPMorgan Chase
Show Answer
Correct Answer: C [ASK Investment Managers Ltd]
Notes:- ASK Investment Managers Ltd on August 16 launched a digital onboarding for Alternate Investment Fund (AIF), the first of its kind in the industry for its flexicap portfolio theme.
- The ASK Emerging Opportunities Fund, is a flexicap portfolio with a midcap bias, and will be investing in listed Indian equities. The term of the scheme is seven years with two years of lock-in.
- With the government’s focus on Atmanirbhar Bharat and PLI schemes aimed at lowering dependence on imports and boosting exports, this fund aims to invest in beneficiaries of varied sectors including speciality chemicals, footwear, diagnostics, niche digital technologies, etc.
- An alternative investment is a financial asset that does not fall into one of the conventional investment categories.
- Alternative investments include private equity or venture capital, hedge funds, managed futures, art and antiques, commodities, and derivatives contracts.
5. Recently, which organization was given conditional permission by the Civil Aviation Ministry to use drones for various purposes?
[A] Bharat Heavy Electricals Limited
[B] Coal India
[C] Steel Authority of India
[D] Rashtriya Ispat Nigam
Show Answer
Correct Answer: C [Steel Authority of India]
Notes:- The Civil Aviation Ministry gave conditional permission to 10 organisations, including Mahindra and Mahindra, Steel Authority of India (SAIL) and Bayer Crop Science, to use drones for various purposes.
- Karnataka government is one of the 10 organisations and it has got the permission to conduct “drone based aerial survey for creating urban property ownership records in Bengaluru”.
- Mahindra and Mahindra has got permission to conduct “drone-based agricultural trials” and use drones for precision spraying on paddy and hot pepper crop in Telangana and Andhra Pradesh.
- Two organisations—Gujarat-based Blue Ray Aviation and Telangana-based Asia Pacific Flight Training Academy—have been permitted to conduct remote pilot training using drones.
- Bayer Crop Science has got the permission to conduct drone-based agricultural research activities and use drones for agricultural spraying.
- The National Health Mission in Mumbai has also got the permission to conduct experimental BVLOS (beyond visual line-of-sight) drone flights to deliver essential healthcare items in tribal areas of Jawhar in Palghar district of Maharashtra.
- Gangtok Smart City Development has got the permission for drone-based aerial survey for its smart city project.
- SAIL has got the permission to use drones to conduct perimeter surveillance of its steel plant in Burnpur, West Bengal.
- Chennai-based Tractors and Farm Equipment Limited has got the permission to conduct drone-based aerial spraying to assess crop health and prevent crop disease.
- Pune-based Indian Institute of Tropical Meteorology to conduct atmospheric research at five different locations in the country.
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Prashant
August 18, 2021 at 11:15 pmGood day…. Gk today
Mallikarjuna
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