Weekly Current Affairs Quiz – 23 to 29 August 2021

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Weekly Current Affairs Quiz
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Give a little boost to your general knowledge with this current affairs quiz. GK is an important part of every competitive exam, so you must stay updated on current affairs to get the maximum score in this section.

Weekly Current Affairs Quiz – Questions and Answers

Question 1: Name the author/editor of the book ‘Accelerating India: 7 Years of Modi Government’?

Answer 1: A book titled ‘Accelerating India: 7 Years of Modi Government’ released by former Union Minister, K J Alphons. He presented the book to Indian Prime Minister Narendra Modi. The book is a documentation of achievements of the Government, along with a record of the number of policies introduced and reforms undertaken and policies introduced.

Question 2: Name the organization that has launched the mobile app ‘ANANDA’?

Answer 2: Mobile app “ANANDA (Atma Nirbhar Agents New Business Digital Application)” has been launched by Life Insurance Corporation of India (LIC) for its agents and intermediaries in order to onboard the prospective customers. With the app, the onboarding process to get insurance policy will become paperless and will help agent or intermediary as well. The app is built on paperless KYC process which uses Aadhaar based e-authentication. The app will also help field force in reaching out the prospective customers.

Question 3: In which game O. Chandrasekharan, who passed away recently, represented India in the Olympics?

Answer 3: Former Indian Footballer O. Chandrasekharan passed away at the age of 86 years in Kochi on August 24, 2021. He was part of the Indian football team that participated in the 1960 Rome Olympics and the 1964 Tokyo Olympics. He was a member of the Indian football team that the silver medal in 1962 Asian Cup in Tel Aviv and won the gold in 1962 Asian Games in Jakartathe. He also captained the Maharashtra team that won the 1963 Santosh Trophy.

Question 4: Which Institute has launched the ‘Payments Infrastructure Development Fund’ scheme?

Answer 4: Reserve Bank of India (RBI) has launched the ‘Payments Infrastructure Development Fund’ scheme. The initiative was launched with a corpus of Rs 345 crore, to create 30 lakh new touch points for digital payments in tier-3 to tier-6 centres. The scheme has been extended by the bank to encourage deployment of Point of Sale (PoS) infrastructure to street vendors that are covered under the PM SVANidhi programme in tier 1 and 2 centres. The PM Street Vendor’s AatmaNirbhar Nidhi (PM SVANidhi) scheme has an objective to help street vendors impacted by the coronavirus pandemic for their livelihood activities.

Question 5: A natural gas discovery in a block in Gujarat has been made by which Organization?

Answer 5: A natural gas discovery has been made in a block in Gujarat by Vedanta, it had won in the open acreage licensing policy (OALP) round.

Question 6: Which institute has launched the Women Entrepreneurship Platform (WEP)?

Answer 6: US-based tech company Cisco and NITI Aayog has launched the next phase of the Women Entrepreneurship Platform (WEP). The next phase is called ‘WEP Nxt’, which will leverage Cisco’s technology and experience, to encourage more women-owned businesses across the nation. On 8 March 2018, the platform was formally launched by NITI Aayog. WEP has over 30 partners from various industries and sectors.

Question 7: By which bank a digital and instant Blocked Account has been launched for students aspiring to study in Germany?

Answer 7: Digital and instant Blocked Account for students aspiring to study in Germany has been launched by ICICI Bank Germany. Blocked Account is a special type of account where students are required to keep a certain amount of money to get a Balance Confirmation Certificate (BCC). This account is mandatory for getting a student Visa in Germany. This account offers students a complimentary Current Account that the students can use in Germany. It also comes with a VISA debit card which can be used anywhere in the world.

Question 8: A Microfinance Incentive and Relief Scheme has been launched by which State/UT?

Answer 8: A memorandum of understanding (MoU) has been signed by Assam Government with 37 microfinance lenders for implementation of the Assam Microfinance Incentive and Relief Scheme (AMFIRS), 2021. The scheme is to offer financial relief to the microfinance borrowers in the state of Assam, in order to help them continue maintaining good credit discipline in pandemic situation.

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