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 Q .
Who is launched "EASE 3.0" for tech-enabled banking in India and EASE Reforms Index Award 2021 announced
A)
Nirmala Sitharaman
B)
Rajnath Singh
C)
Amit Shah
D)
Narendra Modi

Correct Answer : Option (A) - Nirmala Sitharaman

Note :

“Enhanced Access and Service Excellence (EASE) 3.0” has been launched by Finance Minister Nirmala Sitharaman along with the EASE 2.0 Annual Report at Indian Banks’ Association function. This has been launched for smart, tech-enabled banking for aspiring India.
 
Union Minister of Finance and Corporate Affairs, Nirmala Sitharaman has announced the EASE 3.0 Awards. State Bank of India is the Overall winner of the EASE Reforms Index Award 2021 (EASE 3.0 Awards). Bank of Baroda is second and Union Bank of India is third. Indian Bank won the award for the best improvement from the baseline performance. SBI, BoB, Union Bank of India, Punjab National Bank and Canara Bank won the top awards in different themes of the PSB Reforms Agenda EASE 3.0.

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Published On : August 27, 2021
 Q .
Which state has become the second one after Karnataka to implement National Education Policy 2020?
A)
Kerala
B)
Uttar Pradesh
C)
Andhra Pradesh
D)
Madhya Pradesh

Correct Answer : Option (D) - Madhya Pradesh

Note : The new National Education Policy 2020 has been implemented in Madhya Pradesh today(26-08-2021). With this, Madhya Pradesh has become the second state in the country where the new education policy has been implemented. Madhya Pradesh Chief Minister Shivraj Singh Chouhan, Governor Mangubhai C Patel and Higher Education Minister Dr. Mohan Yadav were also present on the occasion.

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Published On : August 27, 2021
 Q .
The International Military-Technical Forum ARMY 2021 is which edition of the annual event?
A)
5th edition
B)
6th edition
C)
7th edition
D)
8th edition

Correct Answer : Option (C) - 7th edition

Note : The 7th edition of International Military-Technical Forum “Army” will be held from 22 till 28 of August, 2021. This event will gather not only experts in military field but also all people interested in high-tech developments of Russian defence industry.

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Published On : August 27, 2021
 Q .
What is the present corpus of the Payments Infrastructure Development Fund (PIDF) Scheme launched by RBI?
A)
Rs 255 crore
B)
Rs 275 crore
C)
Rs 310 crore
D)
Rs 345 crore

Correct Answer : Option (D) - Rs 345 crore

Note : Reserve Bank on Thursday extended the scheme for encouraging deployment of Point of Sale (PoS) infrastructure to street vendors covered under the PM SVANidhi programme in tier 1 and 2 centres. The Payments Infrastructure Development Fund (PIDF) scheme, with a corpus of Rs 345 crore, envisages creating 30 lakh new touch points every year for digital payments in tier-3 to tier-6 centres. The scheme, operationalised in January this year, has now been extended to select street vendors in tier 1 and 2 centres.

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Published On : August 27, 2021
 Q .
With which company has Google partnered to open fixed deposits (FD) using Google Pay app?
A)
Shiksha Finance
B)
Setu
C)
Lendingkart
D)
MoneyTap

Correct Answer : Option (B) - Setu

Note :

* Google has partnered with a fintech company, Setu.

* The partnership will allow its users to open fixed deposits (FD) using Google Pay app. Setu is a fintech company that is an expert in offering APIs (application programming interfaces) and it has created the beta version of API which can offer FDs.
 
* The FDs through this beta version are of tenors like 7-29 days, 30-45 days, 46-90 days, 91-180 days, 181-364 days, and 365 days.

* The interest rates linked to these FDs will vary from 3.5% for the shortest FD to 6.35% for the FD with one year tenor.

* To avail of this FD, users will have to complete their KYC procedures using Aadhar through OTP submission.

* The users can open an FD account even without having an account with the bank which offers FD.

* At the initial stage, FDs of Equitas Small Finance Bank will be offered for a period of 1 year carrying a maximum interest rate of 6.35%.

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Published On : August 27, 2021
 Q .
Who was appointed as the new Executive Director of RBI?
A)
Ajay Kumar
B)
M V Rao
C)
Ravinder Dhillion
D)
Abhay Kumar Singh

Correct Answer : Option (A) - Ajay Kumar

Note :

The Reserve Bank of India (RBI) on 26-08-2021 has appointed Ajay Kumar as Executive Director with effect from August 20, 2021, the central bank said in a statement.
 
Prior to being promoted as Executive Director, Kumar was heading the New Delhi regional office of the bank as regional director.
 
Kumar has, over a span of three decades, served in foreign exchange, banking supervision, financial inclusion, currency management and other areas in the RBI.

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Published On : August 27, 2021
 Q .
Who among the following chaired the 11th BRICS High Representatives Responsible for the National Security meeting?
A)
Ajit Doval
B)
Rajnath Singh
C)
General Bipin Rawat
D)
General M M Naravane

Correct Answer : Option (A) - Ajit Doval

Note :

India on 24-08-2021 raised the issue of cross-border terrorism and activities of groups such as the Lashkar-e-Toiba (LeT) and Jaish-e-Mohammed (JeM) at the meeting of BRICS representatives responsible for national security and said these groups "enjoy state support" and threaten peace and security.
 
National Security Adviser Ajit Doval hosted the 11th Meeting of the BRICS (Brazil, Russia, India, China, and South Africa) High Representatives Responsible for National Security through video conferencing on 24-08-2021.

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Published On : August 27, 2021
 Q .
RBI has recently announced to include the beneficiaries of which scheme from tier-1 and tier-2 centres under PIDF Scheme?
A)
PM KISAN
B)
PM Ujjwala Yojana
C)
PM SVANidhi Scheme
D)
Saubhagya Scheme

Correct Answer : Option (C) - PM SVANidhi Scheme

Note : The Reserve Bank of India has announced to include street vendors of tier-1 and tier-2 centres, identified as part of the PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi Scheme) as beneficiaries under the Payments Infrastructure Development Fund (PIDF) Scheme. Payments Infrastructure Development Fund (PIDF) Scheme was launched by RBI to encourage deployment of Points of Sale (PoS) infrastructure (both physical and digital modes) in tier-3 to tier-6 centres and northeastern states.

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Published On : August 27, 2021
 Q .
Government has recently replaced the Unmanned Aircraft Systems (UAS) Rules, 2021 with liberalized Drone Rules, 2021. What is the maximum penalty for violation of liberalized Drone Rules, 2021?
A)
Rs 0.5 lakh
B)
Rs 1 lakh
C)
Rs 2.5 lakh
D)
Rs 5 lakh

Correct Answer : Option (B) - Rs 1 lakh

Note : Ministry of Civil Aviation has repealed the Unmanned Aircraft Systems (UAS) Rules, 2021 and replace the same with the liberalized Drone Rules, 2021. Maximum penalty for violations reduced to INR 1 lakh.

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Published On : August 27, 2021
 Q .
Which Union Territory has approved the implementation of Film Policy-2021?
A)
Ladakh
B)
Chandigarh
C)
Puducherry
D)
Jammu & Kashmir

Correct Answer : Option (D) - Jammu & Kashmir

Note : The Jammu and Kashmir Government on August 27, 2021 approved the implementation of Film Policy-2021. The Film Policy will promote the overall growth of the film industry in the Union Territory and create a vibrant film ecosystem to make the region the film industry’s favourite once again.

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Published On : August 27, 2021
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