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 Q .
From which date will the ‘Scheme of Penalty for non-replenishment of ATMs’ come into effect?
A)
1st Oct 2021
B)
1st Nov 2021
C)
1st Dec 2021
D)
1st Jan 2022

Correct Answer : Option (A) - 1st Oct 2021

Note :

In what comes as a huge relief for the common man who is inconvenienced by the non-availability of cash in ATMs, the Reserve Bank of India (RBI) has decided to penalise banks for failure to timely replenish currency notes in such machines.
 
Starting October 1, 2021, cash-out at any ATM of more than 10 hours in a month will attract a flat penalty of Rs 10,000 per ATM. In the case of White Label ATMs (WLAs), the penalty would be charged to the bank which is meeting the cash requirement of that particular WLA.
 
The bank, may, at its discretion, recover the penalty from the WLA operator, said an RBI notification.

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Published On : August 11, 2021
 Q .
Which entity in partnership with Facebook launched an initiative to end violence against children on the online and offline platform?
A)
Goonj NGO
B)
UNDP India
C)
UNICEF India
D)
Art of Living Foundation

Correct Answer : Option (C) - UNICEF India

Note :

UNICEF India and Facebook on 09-08-2021 launched a one-year joint initiative to end violence against children with a special focus on online safety.
 
In a statement, UNICEF said the partnership seeks to create a safe environment for children online and offline. It aims to improve children's resilience and capacity to access the digital world safely, increase awareness on violence against children and its impact on children, families, and communities, as well as enhance the skills of communities and frontline workers to better prevent and respond to violence.

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Published On : August 11, 2021
 Q .
What is the name of the funding scheme launched by ‘Kerala Financial Corporation (KFC)’ to support startups?
A)
Funds for Startups
B)
KFC Startup Kerala
C)
KFC Startup Funds
D)
Kerala Startup Fund

Correct Answer : Option (B) - KFC Startup Kerala

Note :

State-owned Kerala Financial Corporation (KFC), the leading lending institution has come out with what is billed as the biggest financial support programme for funding up to Rs 10 crore for startups.
 
The Scheme, 'KFC Startup Kerala', will support startups in all stages of their growth starting from proof of concept to prototype development, product trials, market-entry, commercialization and scaling up.
 
Furthermore, there will be a venture-debt scheme and provision to finance purchase orders received by startups. Sanjay Kaul, CMD of KFC, said the assistance will be Rs.25 lakh for productisation, Rs 50 lakh for commercialization and Rs 100 lakh for scaling up.
 
"Loans will be provided at concessional interest rates of 7 per cent without any collateral. The repayment period will be 60 months including a moratorium period of a maximum of 12 months. Startups need to apply online at www.kfc.org. Processing will be done centrally and the sanction will be considered by an expert committee," said Kaul.
 
"The scarcity of capital and inadequate availability of credit facilities are the major problems confronting startups. Entrepreneurs should be encouraged through incentives and assistance on easy terms", added Kaul.

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Published On : August 11, 2021
 Q .
Which country to host the Internet Governance Forum 2021?
A)
US
B)
Russia
C)
Japan
D)
India

Correct Answer : Option (D) - India

Note : India to host the first Internet Governance Forum in the country. The Forum will act as the platform for various stakeholders to discuss public policy issues related to the Internet. IIGF- 2021 will be planned for three days, starting from 20th October, 2021. The theme of this year’s meeting is Inclusive Internet for Digital India.

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Published On : August 11, 2021
 Q .
The International Army Games 2021, is the 7th edition of the annual military war games, organised annually by which country?
A)
USA
B)
UAE
C)
China
D)
Russia

Correct Answer : Option (D) - Russia

Note :

The 7th edition of the International Army Games, 2021, will be held from 22 August to 04 September 2021 in Russia. The competition will be hosted in eleven countries in the 2021 Games. Over 280 teams from 42 countries will compete in the game to show their combat skills, professionalism and determination to win. The International Army Games also referred to as ‘War Olympics’, is an international military sports event, which aims to strengthen military-to-military cooperation between countries and trust between the participating nations.
 
From India, 101 members of the Indian Army will participate in the International Army Games, which is organised each year by the Russian Ministry of Defence, since 2015. The Indian contingent will participate in Army Scout Masters Competition (ASMC), Elbrus Ring, Polar Star, Sniper Frontier and Safe Route games. In 2019, India had also co-hosted the games for the first time in Jaisalmer and had stood first in Army Scouts Master Competition.

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Published On : August 11, 2021
 Q .
The financial allocation for the Mahatma Gandhi NREG Scheme is which of the following crore at Budget Estimate stage in the current financial year 2021-22?
A)
Rs. 60,000 Crore
B)
Rs. 68,000 Crore
C)
Rs. 73,000 Crore
D)
Rs. 75,000 Crore

Correct Answer : Option (C) - Rs. 73,000 Crore

Note : During Nation-wide lockdown amidst Covid-19 pandemic in 2020, more than 1.14 crore inter-State migrant workers returned to their home most of the migrant workers have returned to their workplaces and engaged themselves in gainful employment.

The financial allocation for the Mahatma Gandhi NREG Scheme is Rs.73,000 crore at Budget Estimate stage in the current financial year 2021-22 which is 18.69 % more than Budget Estimate of previous financial year 2020-21.

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Published On : August 11, 2021
 Q .
Who was appointed as Brand Ambassador of Uttarakhand Department of Women Empowerment and Child Development?
A)
Vandana Kataria
B)
Salima Tete
C)
Savita Punia
D)
Deep Grace Ekka

Correct Answer : Option (A) - Vandana Kataria

Note :

Uttarakhand Chief Minister Pushkar Singh Dhami on 08-08-2021 announced the appointment of Indian women’s hockey team player Vandana Kataria as the brand ambassador of the Department of Women’s Empowerment and Child Development.
 
The Uttarakhand government has already announced an incentive of Rs 25 lakh for Vandana, a resident of Roshanabad village in Haridwar district, who contributed significantly to the team’s impressive performance in the Tokyo Olympics. Chief Minister Dhami announced the appointment of Vandana as the brand ambassador during a program organized here to present the Tilu Rauteli Award to 22 women and Anganwadi worker award to 22 others. Vandana Kataria’s name is also included in the list of Tilu Rauteli awardees. The winner of this award is given 31 thousand rupees and a citation.

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Published On : August 11, 2021
 Q .
When World Biofuel Day is celebrated?
A)
August 9th
B)
August 10th
C)
August 11th
D)
August 12th

Correct Answer : Option (B) - August 10th

Note :

August 10th marks the World Biofuel Day, which is dedicated to raise awareness regarding unconventional sources of fuels that could work as alternatives to fossil fuels. Biofuels are renewable, biodegradable, sustainable sources of energy. With the help of biofuels, one can decrease the import dependency on crude oil, and welcome a cleaner setting.
 
A biofuel is any source of energy that is extracted from biological material such as agricultural wastes, crops, trees or grass. Biofuel can be produced from any source of carbon that can be rejuvenated rapidly, like plants. Biofuels are known to contain no sulfur and produce low carbon monoxide and toxic emissions, as compared to conventional fossil fuels.

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Published On : August 10, 2021
 Q .
Who recently assured all help for establishing the first Bio-Bank of the world?
A)
Narendra Modi
B)
Ram Nath Kovind
C)
Sarbananda Sonowal
D)
Narendra Singh Tomar

Correct Answer : Option (C) - Sarbananda Sonowal

Note : Ayush Minister Sarbananda Sonowal has assured all help for establishing the first Bio-Bank of the world in Ayurveda at All India Institute of Ayurveda in New Delhi. Mr Sonowal and Minister of State for Ayush, Dr. Munjapara Mahendrabhai visited the Institute and inaugurated Multi-Purpose Yoga Hall and Mini Auditorium 08-08-2021. Mr Sonowal appreciated the work done by the institute and assured their full-fledged support for further development of the Institute to make it world’s best Ayurveda Institute.

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Published On : August 10, 2021
 Q .
India’s trade deficit with China has declined to how many US Dollars?
A)
39.75 billion US Dollars
B)
41.54 billion US Dollars
C)
43.00 billion US Dollars
D)
44.02 billion US Dollars

Correct Answer : Option (D) - 44.02 billion US Dollars

Note : India’s trade deficit with China has declined from 53.57 billion US Dollars in 2018-19 to 44.02 billion US Dollars in 2020-2021. Exports to China has increased to USD 21.19 billion in 2020-21 from USD 16.61 billion in 2019-20. Exports were USD 16.75 billion in 2018-19.

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Published On : August 10, 2021
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