Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.

com 1
This PAID PDF is provided by AffairsCloud’s dedicated team that works
diligently to provide aspirants with high-quality content. We recommend
you to purchase this PDF subscription and seize the opportunity to learn
efficiently.
Help Us to Grow & Provide Quality Service

Click here to Download the CareersCloud APP

Click here to Join the Telegram Channel
Current Affairs Channel
AffairsCloud Hindu Vocabs

Suggestions & Feedback are welcomed

[email protected]

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 2

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 3
 Current Affairs Top 100 Q&A PDF – August 2024
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)
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
Option Revision:
2) Covered in June 2024: Securities and Exchange Board of India (SEBI)
The Securities and Exchange Board of India (SEBI) has constituted a working group to review
derivative trading norms. The 15 members working group will be headed by G. Padmanabhan , former
executive director of the Reserve Bank of India (RBI).
3) Covered in June 2024: Reserve Bank of India (RBI)
Reserve Bank of India (RBI) announced that it has raised Ways and Means Advances (WMA) limit or
financial accommodation for state governments and Union Territories (UTs) by 28%, from Rs 47, 010
crore (fixed in April 2022) to Rs 60, 118 crore and will come effect from, 1st July, 2024.
5) Covered in February 2024: Small Industries Development Bank of India (SIDBI)
The Small Industries Development Bank of India (SIDBI) has unveiled the CRISIL’s impact assessment
report of the Fund of Funds for Startups (FFS) namely ‘Prabhaav‘.

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

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 4

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

3. 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.

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 5

 • 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.

4. 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.

5. 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.
• 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

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 6

6. 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.
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

7. 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

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 7

8. 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.

9. 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
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

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 8

10. 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.

11. 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.

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))

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 9

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
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.

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 10

 • 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. 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
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.

15. In August 2024, the Cabinet Committee on Economic Affairs (CCEA) approved 8 National
High-Speed Road Corridor projects, with a length of 936 kilometers (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”
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

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 11

16. 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.
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.

17. 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.

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 12

 • 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.

18. 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
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.

19. 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

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 13

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.

20. 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’.

21. 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.

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 14

 • 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.

22. 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

23. 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.

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 15

24. 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

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 16

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’.

25. What was the Reserve Bank of India’s (RBI) rank in the Sovereign Wealth Fund Institute’s
(SWFI) top 100 largest central banking ranking by total assets in the world in 2024?
1) 12th
2) 5th
3) 8th
4) 4th
5) 9th
Answer- 1) 12th
Explanation:
According to the Sovereign Wealth Fund Institute’s (SWFI), Top 100 Largest Central Bank Rankings
by Total Assets in the World in 2024, India’s Central Bank, the Reserve Bank of India (RBI) ranked
12th globally with a current total assets of USD 839 Billion. The RBI registered a balance sheet
growth of 11.08% Year-on-Year (Y-o-Y) to Rs 70.47 trillion as of March 2024.
• The Federal Reserve System (FRS), the central bank of the United States of America (USA)
topped the list, boasting assets worth USD 7.84 trillion.
• It is followed by China’s People’s Bank of China (PBC) in the 2nd place, with USD 6 trillion,
and Japan’s Bank of Japan (BOJ) in the 3rd, with USD 5.54 trillion.

26. Who has been recently (in August ‘24) appointed as the Chairman of the State Bank of
India(SBI)?
1) Rana Ashutosh Kumar Singh
2) Ajith Kumar KK
3) Challa Sreenivasulu Setty
4) Amitabh Singh Chaudhry
5) Manoj Mittal
Answer- 3) Challa Sreenivasulu Setty
Explanation:
On 6th August 2024, the Appointments Committee of the Cabinet (ACC) approved the appointment of
Challa Sreenivasulu Setty (CS Setty)(59 years old) as new Chairman of the State Bank of India (SBI),

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 17

India’s largest Public Sector Bank (PSB), for a 3 year term with effect from the date he assumes office,
on or after 28th August 2024.
• He is currently serving as one of the Managing Directors (MDs) of SBI.
• He will succeed the current chairman Dinesh Khara, whose term is set to retire on 28th
August 2024 on attaining the age of 63 (the upper age limit for the post of SBI’s chairman).
• The ACC has also approved the appointment of Rana Ashutosh Kumar Singh as the MD of
SBI. He is currently serving as the Deputy MD (Retail-Personal Banking and Real Estate),
SBI.

27. Who has been recently (in August ‘24) appointed as the Prime Minister of Tunisia,
succeeding Ahmed Hachani?
1) Ousmane Sonko
2) Judith Suminwa Tuluka
3) Bjarni Benediktsson
4) Kamel Madouri
5) Kais Saied
Answer-4) Kamel Madouri
Explanation:
Kais Saied, President of Tunisia, has appointed Kamel Madouri as the New Prime Minister (PM) of
Tunisia succeeding Ahmed Hachani, who was dismissed by the President without explanation on
7th August 2024.
• Kamel Madouri has been serving as the Minister of Social Affairs since May 2024.
• Ahmed Hachani took office as PM in August 2023 by replacing Najla Bouden (PM 2021-23),
who was also dismissed by President Saied.

28. Name the former West Bengal Chief Minister (CM) who passed away in August 2024.
1) Shaikh Abdussalam Abdurrazzaq
2) Surjit Singh Hunjan
3) Buddhadeb Bhattacharjee
4) Murlidhar Chandrakant Bhandare
5) Amrit Lal Meena
Answer- 3) Buddhadeb Bhattacharjee
Explanation:
Buddhadeb Bhattacharjee, former Chief Minister (CM) of West Bengal (WB) and veteran
Communist Party Leader passed away at the age of 80 in Ballygunge, Kolkata, WB. He was born on
March 1, 1944 in Kolkata.
• He served as the CM of WB from 2000 to 2001; 2001 to 2006 and 2006 to 2011.
• Government of India (GoI) honoured him with Padma Bhushan for Public Affairs in 2022.
He refused to receive it.

29. According to the World Trade Organization's (WTO) report titled “World Trade Statistical
Review 2023," India was ranked ______ in global agriculture exports in 2023, with an export
value of USD 51 billion.
1) 2nd
2) 8th

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 18

3) 10th
4) 6th
5) 4th
Answer-2) 8th
Explanation:
According to the World Trade Organization(WTO)’s report titled “World Trade Statistical Review
2023”, India has retained its position as the world’s 8th largest exporter of agricultural products in
2023, despite a decline in its export from USD 55 billion in 2022 to USD 51 billion in 2023.
• The European Union(EU) ranked 1st with export value of USD 836 billion followed by the
United States of America (USA) at 2nd (198 billion) and Brazil at 3rd (USD 157 billion).
• It is a new interactive tool which presents the key data and trends for international
merchandise and commercial services trade in 2023.
• Top 10 Exporters of Agricultural Products includes China (USD 95 billion); Canada (USD 88
billion); Indonesia (USD 59 billion); Thailand (USD 53 billion); India (USD 51 billion);
Mexico (USD 50 billion) and Australia (USD 50 billion).

30. Which of the following points is/are ‘correct with respect to the Reserve Bank of India’s
(RBI) third Bi-Monthly Monetary Policy of the Financial Year 2024-25 (FY25)?
A) The repo rate under the Liquidity Adjustment Facility (LAF) was kept unchanged at 6.50%
for the 9th consecutive time.
B) RBI has projected the real GDP growth for FY25 with Q1 at 7.1%; Q2 at 7.2%; Q3 at 7.3%; Q4
at 7.2% and Q1:FY26 is projected at 7.2%.
C) RBI has proposed to increase the Unified Payments Interface (UPI) limit for tax payments
from Rs 1 lakh to Rs 7 lakh to help the taxpayers to pay higher tax liability quickly.
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:
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) met on August 6 to 8, 2024
and released its third Bi-Monthly Monetary Policy of Financial Year 2024-25 (FY25) which
continues to expect India’s real Gross Domestic Product (GDP) to grow at 7.2% in the Financial Year
2024-25(FY25).The August FY25 meeting was RBI’s 50th MPC meeting.
• The Repo rate under the Liquidity Adjustment Facility (LAF) was kept unchanged at 6.50%
for the 9th consecutive time.
• RBI has projected the real GDP growth for FY25 with Q1 at 7.1%; Q2 at 7.2%; Q3 at 7.3%;
Q4 at 7.2% and Q1:FY26 is projected at 7.2%.
• The RBI has maintained 4.5% as Consumer Price Index (CPI) inflation projection for FY25
with Q2 at 4.4%, Q3 at 4.7% and Q4 at 4.3%.
• The RBI has proposed to increase the Unified Payments Interface (UPI) limit for tax
payments from Rs 1 lakh to Rs 5 lakh to help the taxpayers to pay higher tax liability
quickly.Click here to read more

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 19

31. Which of the following points is/are ‘correct with respect to the Paris 2024 Summer
Olympics held from 26th July to 11th August 2024?
A) Manu Bhaker and Sarabjot Singh won the bronze in the Mixed 10-metre Air Pistol team
event.
B) Skateboarding has made its debut as an Olympic sport in Paris 2024.
C) Swapnil Kusale won the bronze medal in the Men’s 50-meter rifle three-position(3P) event.
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
Explanation:
The 2024 Summer Olympics, officially the Games of the XXXIII(33rd) Olympiad, is taking place in
Paris, France from 26th July to 11th August 2024. The opening ceremony of the 2024 Olympics,
branded as “Paris 2024”, was held on the Seine River in Paris, France, on 26th July 2024.
• The Official Musical Theme of the Paris 2024 Olympic and Paralympic Games is entitled
“Parade” composed by Victor le Masne, a French Composer.
• Breakdancing, professionally known as Breaking, has made its debut as an Olympic sport
in Paris 2024.
• Manu Bhaker won the bronze in the Women’s 10 Metre Air Pistol event and became the
first Indian woman to win a medal in Shooting.
• Manu Bhaker and Sarabjot Singh won the bronze in the Mixed 10-metre Air Pistol team
event.
• Swapnil Kusale won the bronze medal in Men’s 50-meter rifle three-position(3P) event.
• The United Nations High Commissioner for Refugees, Filippo Grandi, received the Olympic
Laurel at the Opening Ceremony of the Olympics 2024 in Paris, France.Click here to read
more

32. Which of the following points is/are ‘correct’ with respect to the recent cabinet approvals
on August 8, 2024?
A) Modification of the Pradhan Mantri JI-VAN (Jaiv Indhan- Vatavaran Anukool fasal awashesh
Nivaran) Yojana, extending its implementation timeline by 5 years, until 2029-30 (FY30).
B) Implementation of Pradhan Mantri Awaas Yojana – Gramin (PMAY-G) during FY25 to FY29
with a total outlay of Rs. 3,06,137 crore.
C)Clean Plant Programme (CPP) proposed by the Ministry of Agriculture and Farmers Welfare
(MoAFW) with an outlay of Rs 1,765.67 crore.
1) Only A & B
2) Only A & C
3) Only B & C
4) Only A
5) All A, B & C
Answer- 3) Only B & C

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 20

Explanation:
i.On August 9, 2024, the Union Cabinet chaired by Narendra Modi, Prime Minister (PM) of India,
has approved,
• Modification of the Pradhan Mantri JI-VAN (Jaiv Indhan- Vatavaran Anukool fasal awashesh
Nivaran) Yojana, extending its implementation timeline by 5 years, until 2028-29 (FY29).
• Pradhan Mantri Awas Yojana-Urban (PMAY-U) 2.0 to provide financial assistance for
affordable housing to 1 crore urban poor and middle-class families over the next 5 years
i.e. FY25 to FY29.
• Implementation of Pradhan Mantri Awaas Yojana – Gramin (PMAY-G) during FY25 to
FY29, aiming to construct 2 crore additional houses in rural areas, with a total outlay of Rs.
3,06,137 crore.
• Clean Plant Programme (CPP) proposed by the Ministry of Agriculture and Farmers Welfare
(MoAFW) with an outlay of Rs 1,765.67 crore.Click here to read more

33. Which Ministry/Department has recently (in August 2024) signed an MoU with NewSpace
India Limited (NSIL) to grant assistance for the launch of the Nepal-built “Munal satellite”?
1) Department of Space (DoS)
2) Ministry of Defence(MoD)
3) Ministry of External Affairs (MEA)
4) Ministry of Science and Technology (MoST)
5) Ministry of Finance (MoF)
Answer-3) Ministry of External Affairs (MEA)
Explanation:
The Ministry of External Affairs (MEA) and NewSpace India Limited (NSIL), commercial arm of Indian
Space Research Organisation (ISRO) have signed a Memorandum of Understanding (MoU) to grant
assistance for the launch of Nepal built Munal satellite.
i.Munal is an indigenous satellite developed in Nepal under the aegis of the Nepal Academy of
Science and Technology (NAST).
ii.The aim of the satellite is to build a vegetation density database of the Earth’s surface.
iii.It is expected to be launched soon on NSIL’s Polar Satellite Launch Vehicle (PSLV).

34. In August 2024, Prime Minister (PM) Narendra Modi released 109 new varieties of 61 crops
developed by ________ in New Delhi, Delhi.
1) Punjab Agricultural University
2) Indian Council of Agricultural Research
3) Krishi Vigyan Kendra
4) Agricultural and Processed Food Products Export Development Authority
5) Tamil Nadu Agricultural University
Answer- 2) Indian Council of Agricultural Research
Explanation:
On 11th August 2024, Prime Minister (PM) Narendra Modi, released 109 new varieties of 61 crops
developed by the Indian Council of Agricultural Research (ICAR) at ICAR-Indian Agricultural Research
Institute (IARI), Pusa, New Delhi, Delhi.
• The high yielding, climate resilient and biofortified varieties of the 61 crops includes 34
field crops and 27 horticultural crops.

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 21

 • These varieties are nutritionally rich and adaptable to environmental changes.

35. Name the portal that was recently (in August ‘24) launched under ‘Mission Karmayogi’
during the Civil Service Training Institutions (CSTI) Convention at Vigyan Bhavan in New Delhi.
1) Bhusanket
2) NIRMAN
3) Sankhyiki
4) Bhooskhalan
5) Amrit Gyan Kosh
Answer- 5) Amrit Gyan Kosh
Explanation:
On August 12, 2024, Dr. Jitendra Singh, Minister of State (MOS – Independent Charge, IC), Ministry of
Science and Technology (MoS&T), launched the ‘Amrit Gyan Kosh’ and ‘Faculty Development’
portals under ‘Mission Karmayogi’ during the Civil Service Training Institutions (CSTI) Convention at
Vigyan Bhavan in New Delhi, Delhi.
• The ‘Amrit Gyan Kosh’ portal is a comprehensive knowledge repository that offers access
to India-centric case studies, reducing the dependence on Western sources.
• The Faculty Development portal aims to improve the teaching skills of practitioners and
faculty members, ensuring effective training for civil servants.

36. Which bank has recently (in August ‘24) introduced the "PRIMUS" ultra-premium credit
card in partnership with Visa Inc.?
1) Axis Bank
2) Union Bank of India
3) State Bank of India
4) Kotak Mahindra Bank
5) HDFC Bank
Answer- 1) Axis Bank
Explanation:
India’s leading Private Sector Bank (PSBs), Axis Bank Limited in partnership with Visa Inc., the
global leader in digital payments has launched “PRIMUS”, an ultra premium credit card designed
specifically for Ultra-High-Net –Worth (UNHW) individuals in India.
• The PRIMUS credit card will be offered by invitation only, to select UNHW customers of Axis
Bank. It might be seen as an alternative to the Citibank Ultima credit card.
• It was launched to select clients in New Delhi (Delhi) and Mumbai (Maharashtra) at “Axis
Bank PRIMUS Soiree”.
• Axis Bank also launched the 2nd edition of its customer-centric initiative “Sparsh Week
2024”, which commenced from 5th August to 9th August, 2024.

37. Which company has recently (in August ‘24) received approval from the Indian Navy (IN)
to construct six advanced submarines in partnership with Germany‘s ThyssenKrupp Marine
Systems (TKMS) under the ‘Project 75 India (P75I)’ initiative?
1) Jindal Steel & Power Limited
2) Mazagon Dock Shipbuilders Limited
3) Garden Reach Shipbuilders and Engineers

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 22

4) SECON Engineering Projects Private Limited
5) Cochin Shipyard Limited
Answer-2) Mazagon Dock Shipbuilders Limited
Explanation:
The Indian Navy (IN) has authorized Mazagon Dock Shipbuilders Limited (MDL) to construct six
advanced submarines in partnership with Germany‘s ThyssenKrupp Marine Systems (TKMS) under
the ‘Project 75 India (P75I)’ initiative.
• The project, valued at approximately Rs 60,000 crore, is pivotal in strengthening India’s
naval capabilities in the Indian Ocean, particularly in response to the growing presence of
China and Pakistan.
• MDL’s selection followed successful trials of submarines equipped with Air Independent
Propulsion (AIP) systems, enabling them to remain submerged for up to two weeks
without surfacing for battery recharging.
• The submarines will be diesel-electric with AIP technology will offer superior endurance
and capabilities over previous models.

38. Who is the chairperson of the 10-member expert committee that was recently (in August
‘24) constituted by the Reserve Bank of India (RBI) to benchmark its statistics with global
standards?
1) V.S.K Kaumudi
2) A.P. Hota
3) K. Radhakrishnan
4) Michael Debabrata Patra
5) Biswanath Goldar
Answer- 4) Michael Debabrata Patra
Explanation:
On 12th August 2024, the Reserve Bank of India (RBI) has constituted a 10 member expert committee
chaired by Dr. Michael Debabrata Patra, Deputy Governor of RBI, to benchmark its regularly
disseminated statistics against global standards and best practices.
• The expert committee will submit its report by the end of November 2024.
• The committee has been entrusted with the responsibility to assess the quality of other
routine data in sectors where benchmarks are absent (for example: sectors of national
security).
• The committee will provide guidance on potential areas for further data refinement.

39. Which institution was ranked first in the overall category according to the 9th edition of
India Rankings (2024) based on the National Institutional Ranking Framework (NIRF)?
1) IIT Kanpur
2) IIT Madras
3) IIT Delhi
4) IIT Bombay
5) IIT Kharagpur
Answer- 2) IIT Madras

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 23

Explanation:
Union Minister Dharmendra Pradhan, Ministry of Education(MoE) has released the 9th edition of
India Rankings (2024) based on the parameters identified and defined in the National Institutional
Ranking Framework (NIRF).
i.According to the India Rankings 2024, Indian Institute of Technology (IIT) Madras, Chennai,
Tamil Nadu (TN) bagged the top spot as the best educational institution in the country overall
category for the 6th consecutive time.It is followed by Indian Institute of Science (IISc), Bengaluru,
Karnataka at the 2nd spot and IIT Bombay, Mumbai, Maharashtra at the 3rd spot respectively.
ii.For the year 2024, the framework provides a comprehensive “Overall” rank, alongside distinct
rankings in the categories of Universities, Research Institutions, Degree Colleges, Innovation, and
discipline-specific rankings in Engineering, Management, Pharmacy, Law, Medical, Dental,
Architecture & Planning, and Agriculture & Allied Sectors.Click here to read more

40. Which of the following wetlands has been recently (in August ‘24) designated as Ramsar
Sites?
A) Nanjarayan Bird Sanctuary
B) Kazhuveli Bird Sanctuary
C) Tawa Reservoir
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:
Union Minister Bhupender Yadav, Ministry of Environment, Forest and Climate Change (MoEF&CC)
announced that 3 wetlands from India namely Nanjarayan Bird Sanctuary and Kazhuveli Bird
Sanctuary in Tamil Nadu (TN) and Tawa Reservoir in Madhya Pradesh (MP) were designated as
Wetlands of International Importance, also known as Ramsar Sites.
• With this addition, the number of Ramsar sites in India becomes 85, covering an area of
1,358,068 hectares (ha).
• TN has the highest number of Ramsar sites (18) followed by Uttar Pradesh (UP) (10). Click
here to read more

41. According to the revised guidelines issued by the RBI, deposit-taking Housing Finance
Companies (HFCs) are now required to maintain ______ of the liquid assets of public deposits
held by them by 1st July 2025.
1) 5%
2) 20%
3) 15%
4) 30%
5) 25%
Answer- 3) 15%

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 24

Explanation:
On 12th August 2024, the Reserve Bank of India (RBI) issued the revised guidelines to tighten the
norms related to public deposit acceptance by Housing Finance Companies (HFCs) in order to bring
them on par with Non-Banking Financial Companies (NBFCs).
• The revised guidelines will come into effect from 1st January 2025.
• These guidelines were introduced in “Master Direction – NBFC-HFC (Reserve Bank)
Directions, 2021”.
• As per the revised guidelines, deposit-taking HFCs are now required to maintain 15% (as
against the current 13%) liquid assets of public deposits held by them in a phased manner
i.e. 14% of liquid assets by 1st January, 2025 and to 15% by 1st July, 2025.
• RBI has lowered the ceiling on quantum of public deposits taking HFCs, which is in
compliance with all prudential norms and minimum investment grade credit rating, from 3
times to 1.5 times of Net owned Fund (NoF).Click here to read more

42. Name the Long Range Glide Bomb (LRGB) that recently (in August ‘24) underwent a
successful maiden flight test conducted by the DRDO.
1) Zorawar
2) SMART
3) ABHYAS
4) GAURAV
5) Sudarshan
Answer- 4) GAURAV
Explanation:
i.The Defence Research and Development Organisation (DRDO), the Research and Development
(R&D) wing of the Ministry of Defence (MoD), and the Indian Army successfully conducted the test-
firing of the indigenously developed Man-Portable Anti-Tank Guided Missile (MP-ATGM).
• The test was conducted at Pokhran Field Firing Range (PFFR) in Jaisalmer, Rajasthan.
• It has an operational range of 200 to 300 meters at the minimum and up to 4 km at the
maximum.
ii.The DRDO has successfully conducted the maiden flight test of the Long Range Glide Bomb (LRGB)
named ‘GAURAV’, from an Indian Air Force (IAF) platform Su-30 MK-I off the coast of Odisha.
• GAURAV has been designed and developed indigenously by the Research Centre Imarat
(RCI) in Hyderabad, Telangana.
• Gaurav is an air-launched 1,000-kg class glide bomb capable of hitting targets at long
distances.
• It utilises a hybrid navigation system combining the Inertial Navigation System (INS) and
Global Positioning System (GPS) data for precise target acquisition.Click here to read more

43. Name the ISRO’s launch vehicle carrying the Earth Observation Satellite (EOS-08), which
was successfully launched on 16th August 2024.
1) Launch Vehicle Mark 3 (LVM3)
2) Small Satellite Launch Vehicle (SSLV-D3)
3) Polar Satellite Launch Vehicle (PSLV)
4) Reusable Launch Vehicle(RLV)
5) Geosynchronous Satellite Launch Vehicle Mark II(GSLV)

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 25

Answer- 2) Small Satellite Launch Vehicle (SSLV-D3)
Explanation:
On 16th August 2024, the Indian Space Research and Organisation (ISRO) successfully launched its
3rd and final developmental flight of the Small Satellite Launch Vehicle (SSLV-D3) from the Satish
Dhawan Space Centre (SDSC) at Sriharikota, Andhra Pradesh (AP). This achievement marks the
completion of ISRO’s SSLV Development Project.
• It carried two satellites namely- Earth Observation Satellite (EOS-08) developed by U R
Rao Satellite Centre(URSC), Bengaluru(Karnataka) and the passenger satellite, SR-0
DEMOSAT, 1st satellite from Chennai(Tamil Nadu (TN))-based startup, Space Rickshaw and
successfully placed them into a 450 kilometer (km) circular orbit around the earth.
• The SSLV-D3-EOS-08 mission is expected to boost commercial satellite launch operations of
NewSpace India Limited (NSIL), commercial arm of ISRO.Click here to read more

44. Renowned DRDO scientist and Padma Bhushan awardee _______________, hailed as the Father
of Agni Missiles, passed away in August 2024
1) Varugeese Koshy
2) Surjit Singh Hunjan
3) Mohini Giri
4) Sushil Kumar Modi
5) Ram Narain Agarwal
Answer- 5) Ram Narain Agarwal
Explanation:
Renowned Defence Research and Development Organisation (DRDO) missile Scientist, Dr Ram
Narain Agarwal, widely known as the “Father of Agni Missiles,” passed away at the age of 84 in
Hyderabad, Telangana. He was born on 24 July 1941 in Jaipur, Rajasthan.
• He was honoured with the Padma Shri in 1990 and Padma Bhushan in 2000 for his
contribution to Science and Engineering.
• In 2004, Dr Ram Narain was awarded the DRDO’s Lifetime Achievement Award for his
contribution to aerospace and Agni Missile.
• In 1995 he was appointed as the first Programme Director of Agni missiles which
commenced in 1983 and was also known as ‘Agni Man’.

45. Which of the following points is/are ‘correct’ with respect to the 78th Independence Day
celebrations organized by the Government of India?
A) Prime Minister (PM) of India Narendra Modi addressed the nation and delivered his 11th
consecutive Independence Day speech.
B) The President of India Droupadi Murmu approved 103 Gallantry awards (including 9
posthumous) to the Armed Forces and Central Armed Police Forces (CAPF) personnel.
C) The Punjab Regiment Military band played the National Anthem during the flag unfurling
under Subedar Major Rajinder Singh.
1) Only A & B
2) Only A & C
3) Only B & C
4) Only A
5) All A, B & C

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 26

Answer- 5) All A, B & C
Explanation:
i.The Government of India has organized the 78th Independence Day celebrations at the Red Fort in
New Delhi, Delhi. Prime Minister (PM) of India Narendra Modi addressed the nation and delivered his
11th consecutive Independence Day speech.
• 2024 Independence Day signified the theme ‘Viksit Bharat@2047’ i.e. transforming India into
a developed nation by 2047.
• It was his first address of his third term.
ii.The Guard of Honour for the PM consisted of officer and 24 personnel from the Indian Army (IA),
Indian Navy (IN), Indian Air Force (IAF), and Delhi Police. The IN is the coordinating service in 2024.
iii.The President of India Droupadi Murmu approved 103 Gallantry awards (including 9
posthumous) to Armed Forces and Central Armed Police Forces (CAPF) personnel.
iv.The Punjab Regiment Military band played the National Anthem during the flag unfurling under
Subedar Major Rajinder Singh. Click here to read more

46. Which of the following points is/are ‘correct’ with respect to President Droupadi Murmu’s
visit to Fiji, New Zealand, and Timor Leste in August 2024?
A) President Droupadi Murmu was honoured with the Companion of the Order of Fiji, the
highest civilian honour of Fiji.
B) India and Fiji signed the bilateral customs co-operation arrangement agreement, to ease
trade between the two countries.
C) President Droupadi Murmu was honoured with the Grand Collar of Order of Timor Leste
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
Explanation:
Droupadi Murmu, The President of India, was on a 3-nation visit to Fiji, New Zealand and Timor
Leste from 5th August to 10th August 2024.
• President Droupadi Murmu was honoured with the Companion of the Order of Fiji, highest
civilian honour of Fiji.
• India and New Zealand signed the bilateral customs co-operation arrangement agreement,
to ease trade between the two countries.
• New Zealand has ratified the International Solar Alliance (ISA) which paves the way for
enhanced opportunities for joint research and development in the field of solar energy.
• President Droupadi Murmu addressed the New Zealand International Conference held in
Wellington, New Zealand, where India was the ‘Country Honour’ for year 2024.
• President Droupadi Murmu was honoured with the Grand Collar of Order of Timor Leste,
the country’s highest civilian honour, presented by President Horta at ceremony held in Dili,
Timor Leste.Click here to read more

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 27

47. Who has been recently (in August 2024) elected as the youngest Prime Minister(PM) of
Thailand?
1) Paetongtarn Shinawatra
2) Mikhail Vladimirovich Mishustin
3) Mahamat Idriss Déby Itno
4) Claudia Sheinbaum Pardo
5) Phumtham Wechayachai
Answer- 1) Paetongtarn Shinawatra
Explanation:
On 16th August 2024, Paetongtarn Shinawatra (37years old), was elected as youngest-ever and
second female Prime Minister (PM) of Thailand by the Parliament.
• She succeeds Phumtham Wechayachai, who served as Acting PM of Thailand for two days
from 14th August 2024 following the removal of PM Srettha Thavisin.
• She is the daughter of Thaksin Shinawatra, who served as PM from 2001 to 2006.

48. Which jersey number has Hockey India officially retired from the national senior men’s
team in honour of former Indian goalkeeper PR Sreejesh?
1) No.12
2) No.16
3) No.18
4) No.14
5) No.10
Answer- 2) No.16
Explanation:
Hockey India has officially retired the No. 16 jersey from the national senior men’s team in honour
of Parattu Raveendran (PR) Sreejesh, the goalkeeper who announced his retire after the Paris
Olympics 2024.
• He is regarded as the ‘God of Indian Modern History’ and popularly known as “The Wall of
India”.
• Hockey India also appointed him as the coach for the Junior Men’s Hockey Team.
• he has competed in four Olympic Games since 2012, captained the team at the Rio 2016
Olympics, and secured two Olympic bronze medals (Tokyo 2020, Paris 2024).
• He received the Arjuna Award (hockey) in 2015 and he was awarded with 4th highest
civilian award Padma Shri(sports) in 2017.
• He was honored with the Major Dhyan Chand Khel Ratna Award in 2021.
• He became the second Indian athlete to be named World Games Athlete of the Year in 2021
after Indian women’s hockey captain Rani Rampal in 2020.

49. Which state has recently (in August ‘24) declared Petroglyphs and Geoglyphs (rock arts) in
Ratnagiri as ‘Protected Monuments’?
1) Uttarakhand
2) Uttar Pradesh
3) Madhya Pradesh
4) Maharashtra
5) Karnataka

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 28

Answer- 4) Maharashtra
Explanation:
The Maharashtra Government has declared Petroglyphs and Geoglyphs (rock arts) in Ratnagiri as
‘Protected Monuments’ under the Maharashtra Ancient Monuments and Archaeological Sites and
Remains Act, 1960.
• Geoglyphs and Petroglyphs are the different types of ancient art forms which includes the
creation of images or designs on the earth’s surface or rock surfaces.
• Ratnagiri has almost 1,500 such artworks spread across 70 sites, seven of which are on the
United Nations Educational, Scientific and Cultural Organization (UNESCO)‘s tentative World
Heritage List(WHL).
• Petroglyphs are found in Deud, Ratnagiri (Maharashtra) which dates back to the Mesolithic
age (approximately 20,000–10,000 years ago).
• Geoglyphs is located along the 900 kilometre(km) Konkan coast in Maharashtra and Goa.

50. Which of the following points is /are ‘correct’ with respect to the proposals approved by the
Union Cabinet on 16th August 2024?
A) The union cabinet approved the extension of Pune Metro Phase-1 project from Swargate to
Katraj spanning 5.46 kilometer (km).
B) It approved for the critical road connectivity for Vadhvan Port in Maharashtra to National
Highway (NH)-48
C) It also approved the development of two new civil enclaves at Bagdogra Airport in Bihar and
Bihta Airport in West Bengal.
1) Only A & B
2) Only A & C
3) Only B & C
4) Only B
5) All A, B & C
Answer- 1) Only A & B
Explanation:
On 16th August 2024, the Union Cabinet chaired by Narendra Modi, Prime Minister (PM) of India
has approved the series of high-impact metro rail projects and infrastructure projects:
i.Extension of Pune Metro Phase-1 project from Swargate to Katraj spanning 5.46 kilometer (km).
ii.Development of Thane Integral Ring Metro Rail Project in Maharashtra
iii.Two Corridors of Bengaluru Metro Rail Phase-3 Project for 44.65 km with 31 stations.
iv.The Cabinet Committee on Economic Affairs (CCEA) chaired by PM Modi also approved the
development of two new civil enclaves at Bagdogra Airport in West Bengal (WB) and Bihta Airport in
Bihar.
v.Critical Road Connectivity for Vadhvan Port in Maharashtra to National Highway (NH)-48.Click
here to read more

51. What was the denomination of the coin that was recently (in August ‘24) released to mark
the birth centenary of former Tamil Nadu Chief Minister (CM) Kalaignar Muthuvel
Karunanidhi?
1) Rs.75
2) Rs.250

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 29

3) Rs.100
4) Rs.150
5) Rs. 90
Answer- 3) Rs. 100
Explanation:
On 18th August 2024, Union Minister Rajnath Singh, Ministry of Defence (MoD), released a
commemorative Rs. 100 coin to mark the birth centenary of former Chief Minister (CM) of Tamil
Nadu (TN) Kalaignar Muthuvel Karunanidhi.
• The coin was released at the event organised by the Government of Tamil Nadu in Kalaivanar
Arangam, in Chennai (TN).
• The reverse side of the coin features a portrait of Karunanidhi and Tamil slogan ‘Tamil Vellum’
(Tamil win) along with the text “Birth Centenary of Kalaingar Karunanidhi’ in Hindi and
English.
• The Rs 100 denomination coin weigh 35 grams, have a diameter of 44 millimeters, with 200
serrations on its edge.
• It will be composed of an alloy comprising 50% silver, 40% copper, 5% nickel, and 5% zinc.
Defence Minister Rajnath Singh inaugurated Indian Coast Guard (ICG) ’s new Maritime Rescue
Coordination Centre (MRCC) in Chennai, TN.
• He also virtually launched the Regional Marine Pollution Response Centre (RMPRC) in Chennai
and Coast Guard Air Enclave (CGAE) in Puducherry.

52. Who has been recently (in August ‘24) appointed as the Managing Director (MD) and Chief
Executive Officer (CEO) of the Tamilnad Mercantile Bank Limited (TMB)?
1) Kadambelil Paul Thomas
2) Ratan Kumar Kesh
3) Krishnan Venkat Subramanian
4) Salee Sukumaran Nair
5) Atul Kumar Goel
Answer- 4) Salee Sukumaran Nair
Explanation:
The Reserve Bank of India (RBI) approved the appointment of Salee Sukumaran Nair as the
Managing Director (MD) and Chief Executive Officer (CEO) of Tamilnad Mercantile Bank Limited
(TMB), for 3 years, from the date of assuming charge.
• Salee Sukumaran Nair will succeed Krishnan Sankarasubramaniam, who assumed charge as
MD and CEO of TMB in 2022 and resigned in September 2023.

53. Which of the following points is/are ‘correct’ with respect to the 2024 Summer Olympics
held in Paris (France) from 26th July to 11th August 2024?
A) India was ranked 71st in the medal tally with 5 Medals (1 Silver & 4 Bronze) and ranked
71st.
B) The Indian men’s hockey team won the bronze medal under the captaincy of Harmanpreet
Singh.
C) Indian wrestler Aman Sehrawat (Haryana) won a bronze medal in the 57 kg freestyle
wrestling.
1) Only A & B

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 30

2) Only A & C
3) Only B & C
4) Only A
5) All A, B & C
Answer- 3) Only B & C
Explanation:
The 2024 Summer Olympics, officially the Games of the XXXIII(33rd) Olympiad, was held in Paris,
France from 26th July to 11th August 2024.
• India was ranked 71st in the medal tally with 6 Medals (1 Silver & 5 Bronze) and ranked
71st.
• The United States of America (USA) topped the medals tally with 126 Medals (40 Gold, 44
Silver, 42 Bronze) followed by China with 91 medals (40 Gold, 27 silver and 24 bronze) and
Japan with 45 medals (20 Gold, 12 Silver and 13 Bronze).
• Neeraj Chopra (Haryana) won the Silver medal in the Javelin throw event with an 89.45-
meter(m) throw. This marks his second Olympic medal. With this, he becomes the 5th Indian
to win two Olympic medals.
• The Indian men’s hockey team won the bronze medal under the captaincy of Harmanpreet
Singh. India defeated Spain with a score of 2-1 in the bronze medal match.
• Indian wrestler Aman Sehrawat (Haryana) won a bronze medal in the 57 kg freestyle
wrestling by defeating Darian Toi Cruz from Puerto Rico with a score of 13-5 in the bronze
medal match.Click here to read more

54. Which of the following points is/are ‘correct’ with respect to the revised regulations for the
Non-Banking Financial Company-Peer to Peer (NBFC-P2P)?
A) The RBI has revised the Master Direction-Non-Banking Financial Company- Peer to Peer
Lending Platform (Reserve Bank) Directions, 2017.
B) RBI has imposed a setting cap on the aggregate exposure of a lender to all borrowers
through P2P platforms, restricting it to Rs 20 lakh.
C) All fund transfer between participants on a P2P platform must be conducted through an
escrow account mechanism operated by a bank-promoted trustee.
1) Only A & C
2) Only A & B
3) Only B & C
4) Only B
5) All A, B & C
Answer- 1) Only A & C
Explanation:
The Reserve Bank of India (RBI) has tightened norms for Non-Banking Financial Company-Peer to
Peer (NBFC-P2P) lending platform to enhance transparency and compliance.
• The RBI has revised the Master Direction-Non-Banking Financial Company- Peer to Peer
Lending Platform (Reserve Bank) Directions, 2017.
• The revised regulations will be effective immediately. However, the timeline (T+1) for
transferring funds from the escrow accounts (both lender and borrower) will come into effect
from 15th November, 2024.

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 31

 • The new regulations prohibited P2P platforms from promoting P2P lending as an investment
tool with features like: tenure-linked assured minimum returns, liquidity options, among
others.
• As per the new regulations, all fund transfer between participants on a P2P platform must be
conducted through an escrow account mechanism operated by a bank-promoted trustee.
• RBI has imposed a setting cap on the aggregate exposure of a lender to all borrowers through
P2P platforms, restricting it to Rs 50 lakh.

55. Which of the following points is/are ‘correct’ with respect to the 70th National Film
Awards?
A) The Malayalam film Aattam (The Play) directed by Anand Ekarshi was awarded the Best
Non-Feature Film.
B) “Kishore Kumar: The Ultimate Biography”, the biography of Kishore Kumar, Indian playback
singer and musician authored by Anirudha Bhattacharjee & Parthiv Dhar has been awarded
the Best Book on Cinema.
C) Rishab Shetty won the award for Best Actor in Leading Role for his performance in the
movie Kantara.
1) Only A & C
2) Only A & B
3) Only B & C
4) Only B
5) All A, B & C
Answer- 3) Only B & C
Explanation:
On 16th August 2024, the Jury panel of the 70th National Film Awards announced the list of winners
of the National Award for the year 2022 at the event held at the National Media Centre, New Delhi,
Delhi. The list of winners was presented to Union Minister Ashwini Vaishnaw, Ministry of
Information and Broadcasting (MIB) in the presence of Vrunda Desai, Joint Secretary (Films), MIB.
i.The Malayalam film Aattam (The Play) directed by Anand Ekarshi was awarded the Best Feature
Film award.
ii.The Hindi/Urdu film Ayena (Mirror) directed by Siddhant Sarin has bagged the award for Best Non-
Feature Film.
iii.The Kannada film Kantara won the Award for Best Popular Film Providing Wholesome
Entertainment.
iv. Tamil Film Ponniyin Selvan: I directed by Mani Ratnam won a total of 4 awards – Best
Cinematography, Best Sound Design, Best Music Direction and Best Feature Film in Tamil.
v.Rishab Shetty won the award for Best Actor in Leading Role for his performance in the movie
Kantara.
vi.Nithya Menon won the award for Best Actress in a Leading Role for her performance in the film
Thiruchitrambalam.

56. Who has been recently (in August 2024) appointed as the Permanent Representative of
India to the United Nations(UN) in New York, United States of America (USA)?
1) Jethabhai Bharvad
2) Jyoti Vij

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 32

3) Parvathaneni Harish
4) Sujata Saunik
5) Ruchira Kamboj
Answer- 3) Parvathaneni Harish
Explanation:
The Ministry of External Affairs (MEA) has appointed Parvathaneni Harish as the Permanent
Representative of India to the United Nations(UN) at New York, United States of America (USA).
• He is succeeding Ruchira Kamboj who retired from the post in June 2024. She was the first
woman to become the Indian Ambassador to the UN.
• He is currently serving as India’s ambassador to Germany(since November 2021).
• Parvathaneni Harish is a 1990 batch Indian Foreign Service (IFS) officer.

57. Which country successfully launched its first Low Earth Orbit (LEO) Synthetic Aperture
Radar (SAR) satellite in August 2024?
1) Nepal
2) Hungary
3) Taiwan
4) Ukraine
5) United Arab Emirates
Answer- 5) United Arab Emirates
Explanation:
On 16th August 2024, Bayanat AI PLC and Al Yah Satellite Communications Company PJSC (Yahsat),
in partnership with ICEYE Ltd, successfully launched the United Arab Emirates (UAE)’s first Low
Earth Orbit (LEO) Synthetic Aperture Radar (SAR) satellite.
• The satellite, owned by Bayanat, was launched via integrator Exolaunch aboard SpaceX’s
Transporter 11 from Vandenberg Space Force Base in California, United States of America
(USA).
• Bayanat AI PLC, UAE-based leading provider of AI(Artificial intelligence)-powered geospatial
solutions.
• Yahsat based in Abu Dhabi is the UAE’s flagship satellite solutions provider.
• This SAR satellite is a part of the UAE’s Earth Observation Space Program which will enable
high-resolution, persistent monitoring with the ability to capture images day and night,
regardless of weather.

58. Which of the following points is/are ‘correct’ with respect to the recently constituted six
new Parliamentary Committees for 2024–25 by Lok Sabha Speaker Om Birla?
A) The Committee on Welfare of Other Backward Classes (OBCs) will be chaired by Ganesh
Singh, a BJP MP from Satna, Madhya Pradesh(MP).
B) The Public Accounts Committee (PAC) will be chaired by K.C. Venugopal, a Member of
Parliament (MP), Rajasthan.
C) The Committee on the Welfare of Scheduled Castes (SCs) and Scheduled Tribes (STs) will be
chaired by Baijyant Panda, BJP Lok Sabha MP from Mandla, Madhya Pradesh(MP).
1) Only A & B
2) Only B & C
3) Only A & C

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 33

4) Only A
5) All A, B & C
Answer- 1) Only A & B
Explanation:
Lok Sabha Speaker Om Birla constituted 6 new Parliamentary Committees for 2024-25, including
the Public Accounts Committee (PAC), Committee on Estimates(CoE) , Committee on Public
Undertakings(CoPU) and committees focused on the welfare of Other Backward Classes (OBCs),
Scheduled Castes (SCs), and Scheduled Tribes (STs).
• All the committees formed in the 18th Lok Sabha have a tenure of 1 year and have members
from both the Lok Sabha and the Rajya Sabha.
• The Public Accounts Committee (PAC) will be chaired by K.C. Venugopal, a senior Indian
National Congress (INC) leader and a Member of Parliament (MP), Rajasthan.
• The PAC is crucial for monitoring government expenditures and reviewing Comptroller and
Auditor General (CAG) reports.
• The Committee on Public Undertakings will be chaired by Baijyant Panda, a BJP Lok Sabha
MP from Kendrapara, Odisha.
• The Committee on Welfare of Other Backward Classes (OBCs) will be chaired by Ganesh Singh,
a BJP MP from Satna, Madhya Pradesh(MP).
• The Committee on the Welfare of Scheduled Castes (SCs) and Scheduled Tribes (STs) will be
chaired by Dr Faggan Singh Kulaste, BJP Lok Sabha MP from Mandla, MP.

59. Which organisation has recently (in August 2024) launched a new “UPI Circle“ feature on
its Unified Payments Interface (UPI) platform to enable the primary UPI account holders to
delegate payment responsibilities to trusted secondary users securely?
1) PhonePe
2) NPCI International Payments Limited
3) Paytm
4) National Payments Corporation of India
5) Razorpay
Answer-4) National Payments Corporation of India
Explanation:
The National Payments Corporation of India (NPCI) has launched a new “UPI Circle” feature on its
Unified Payments Interface (UPI) platform. This new feature will enable the primary UPI account
holders to securely delegate payment responsibilities to trusted secondary users.
• The Reserve Bank of India (RBI) introduced the feature during the Monetary Policy Committee
(MPC) meeting held in August 2024.
• It is a delegated payment feature that will enable a primary UPI user to link with trusted
secondary users by granting them partial or complete access to their account for making
payments.
• UPI Circle enables 2 types of delegation: Full Delegation & Partial Delegation.
• For full delegation, members shall ensure a maximum monthly limit of Rs 15,000 per
delegation and maximum transaction limit of Rs 5,000.

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 34

60. Name the former Meghalaya Chief Minister who passed away in August 2024.
1) Kamla Beniwal
2) Salseng Chada Marak
3) Maguni Charan Kuanr
4) Kamala Pujari
5) Pahalwan Subba
Answer- 2) Salseng Chada Marak
Explanation:
Salseng Chada Marak, Former Chief Minister (CM) of Meghalaya (1993 to 1998) passed away at the
age of 83 in Tura, Meghalaya. He was born in 1941 in Baghmara, Assam Province, British India.
• He was the first CM of Meghalaya to complete a full 5-year term. He also served as CM of
Meghalaya in 1998 for 12 days when the Congress-led coalition collapsed.
• He was 1st elected to the 1st Meghalaya Legislative Assembly in 1972 following the creation of
the Meghalaya state on January 21, 1972.

61. Which of the following points is/are ‘correct’ with respect to the recently (in August
‘24) released Framework for Self-Regulatory Organisations(SROs) in Financial Markets?
A) As per the new framework, the SRO financial markets will required to be set up as a Non-for-
Profit company registered under Section 8 of the Companies Act, 2013.
B) Interested entities must have at least net worth of Rs 10 crore.
C) As per the new framework, no entity is allowed to hold 10% or more of the paid-up share
capital, singly or acting in concert.
1) Only A & B
2) Only B & C
3) Only A & C
4) Only B
5) All A, B & C
Answer- 5) All A, B & C
Explanation:
On 19th August 2024, the Reserve Bank of India (RBI) released a ‘Framework for Recognition of
Self-Regulatory Organisations(SROs) in Financial Markets’ to enhance compliance culture and
provide a consultative platform for policy making.
• It is based on the ‘Omnibus Framework for recognition of Self-Regulatory Organisations
for Regulated Entities of the Reserve Bank’ issued on 21st March, 2024.
• RBI has invited applications from interested entities seeking recognition as an SRO in financial
markets may submit their application via electronic-mail (email) or to the Chief General
Manager (CGM), Financial Markets Regulation Department, RBI.
• As per the new framework, the SRO financial markets will required to be set up as a Non-for-
Profit company registered under Section 8 of the Companies Act, 2013.
• Interested entities must have at least net worth of Rs 10 crore, and should have the ability to
create infrastructure that allows it to discharge responsibilities of a SRO on a continuing basis.
• The new framework has prescribed that the shareholding of the SRO should be sufficiently
diversified, with no entity allowed to hold 10% or more of the paid-up share capital, singly or
acting in concert.Click here to read more

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 35

62. According to the Reserve Bank of India (RBI), overseas Indians have deposited nearly
________ into Non-Resident India (NRI) deposit schemes in the 1st Quarter (Q1) of the Financial
Year 2024–25 (FY25).
1) USD 2 billion
2) USD 4 billion
3) USD 6 billion
4) USD 3 billion
5) USD 5 billion
Answer- 2) USD 4 billion
Explanation:
According to the Reserve Bank of India (RBI) data released on 19th August 2024, overseas Indians
has deposited nearly USD 4 billion (USD 3.95 billion) into Non-Resident India (NRI) deposit schemes
in 1st Quarter (Q1)(April to June) of Financial Year 2024-25 (FY25), with a significant increase of
79% compared to USD 2.21 billion during the same period of FY24.
• However, this surge in NRI deposits is in contrast with a 24.39% drop in outward remittances
under the Liberalised Remittance Scheme (LRS) of RBI, which totaled USD 6.9 billion in Q1 of
FY25, from USD 9.1 billion in Q1 of FY24.
• As per the RBI data, Foreign Currency Non-Resident (FCNR) deposits has increased from USD
1.12 billion (in Q1of FY24) to USD 1.68 billion (in Q1of FY25), taking the total outstanding
amount in such accounts to USD 27.41 billion.
• Non-resident External (NRE) deposits saw a significant increase of inflows from USD 489
million (in Q1of FY24) to USD 1.53 billion (in Q1of FY25), with the total outstanding NRE
deposits now stand close to USD 100 billio
• As per the RBI data, overall remittances decreased around 44% Year-on-Year (Y-o-Y) basis to
USD 2.18 billion amid decline across most categories.
• Remittances under the ‘gift’ category declined by approximately 41% Y-o-Y basis, to USD
811.9 million.Click here to read more

63. Which bank has recently (in August ‘24) received RBI’s approval to set up a wholly owned
subsidiary to undertake the asset management business of Mutual Funds(MF)?
1) IndusInd Bank
2) Bank of Baroda
3) HDFC Bank
4) Bank of Maharashtra
5) RBL Bank
Answer- 1) IndusInd Bank
Explanation:
The Reserve Bank of India (RBI) granted approval to IndusInd Bank Limited to set up a wholly
owned subsidiary to undertake the asset management business of Mutual Funds(MF).
• The RBI’s approval is subject to additional conditions that the bank must meet, though the
specifics of which have not been disclosed.
• The new Asset Management Company (AMC) will handle MF operations and benefit from an
equity infusion by the bank.

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 36

64. Which company has recently (in August ‘24) become the 5th Indian startup to achieve
unicorn status in 2024?
1) Gaana
2) Paper Boat
3) Dunzo
4) Ather
5) PhysicsWallah
Answer- 4) Ather
Explanation:
Bengaluru (Karnataka)-based electric scooter manufacturer Ather Energy Private Limited, has
achieved unicorn status after raising Rs 600 crore (USD 71 million) in a fresh round of funding from
the National Investment and Infrastructure Fund (NIIF), India’s infrastructure-focused Sovereign
Wealth Fund (SWF).
• Post-funding, Ather’s valuation stands at USD 1.3 billion, making it the 5th startup to reach
unicorn status in 2024 after Perfios, Krutrim, Porter and Rapido, and the 2nd in the mobility
sector, following Rapido.

65. Which of the following points is/are ‘correct’ with respect to the Indian visit of Malaysian
Prime Minister Dato’ Seri Anwar bin Ibrahim from 19th to 21st August 2024?
A) MoU signed between International Financial Services Authority (IFSCA) with Labuan
Financial Services Authority (LFSA), Malaysia with mutual cooperation.
B) Malaysia has decided to join the International Big Cat Alliance (IBCA) as its founding
member.
C) PM Narendra Modi announced that India plans to integrate the Unified Payments Interface
(UPI) with Malaysia’s national payment network, PayU.
1) Only A & B
2) Only B & C
3) Only A & C
4) Only B
5) All A, B & C
Answer- 1) Only A & B
Explanation:
The Prime Minister (PM) of Malaysia H.E. Dato’ Seri Anwar bin Ibrahim was on a 3-day state visit to
India from 19th August to 21st August 2024, at the invitation of the Prime Minister (PM) of India,
Narendra Modi to strengthen comprehensive strategic partnership and enhance cooperation
between the two countries.
• This marks the 1st-ever visit of Malaysian PM Anwar bin Ibrahim to India as well as to the
South Asia region ever since he became the PM of Malaysia in 2022.
• The bilateral trade between the two countries reached a record high of USD 19.5 billion.
• Malaysia has decided to join the International Big Cat Alliance (IBCA) as its founding member.
• The Government of India (GoI) has allowed the special allocation of 2 lakh Metric Tons (MT)
of non-basmati white rice to Malaysia through National Cooperative Exports Limited (NCEL).
• PM Narendra Modi announced that India plans to integrate Unified Payments Interface (UPI)
with Malaysia’s national payment network, PayNet.

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 37

 • The GoI and Government of Malaysia (GoM) have signed several Memorandum of
Understandings (MoUs) and Agreements in various fields of cooperation such as: Recruitment,
Employment and Repatriation of Workers; Ayurveda and other Traditional Systems of
Medicine; Digital technologies; Culture, Arts, and Heritage, among others.
• MoU signed between International Financial Services Authority (IFSCA) with Labuan Financial
Services Authority (LFSA), Malaysia in relation to mutual cooperation.

66. Which of the following portals has been recently (in August ‘24) launched by the Ministry of
Power to enhance power sector efficiency?
A) Portal for Online Monitoring of Projects – Thermal (PROMPT)
B) Disaster Resilient Infrastructure for Power Sector (DRIPS)
C) Online Portal for Monitoring Survey and Investigation Activities of Hydro Electric Projects
and Pumped Storage Projects (JAL VIDYUT DPR)
1) Only A & B
2) Only B & C
3) Only A & C
4) Only B
5) All A, B & C
Answer- 5) All A, B & C
Explanation:
On 20th August 2024, Union Minister Manohar Lal Khattar, Ministry of Power, launched three online
platforms : Portal for Online Monitoring of Projects – Thermal (PROMPT), Disaster Resilient
Infrastructure for Power Sector (DRIPS) and Online Portal for Monitoring Survey and Investigation
Activities of Hydro Electric Projects and Pumped Storage Projects (JAL VIDYUT DPR), to enhance the
efficiency, transparency, and effectiveness of power sector.
• He also launched a comprehensive Compendium of Central Electricity Authority (CEA)
Regulations notified by the CEA under the Electricity Act, 2003.
• PROMPT is a centralized platform for real-time tracking and analysis of thermal power
projects.
• The DRIPS portal enables swift identification and deployment of resources to address power
sector disruptions during disasters like cyclones, earthquakes, and floods. It is developed by
CEA.
• The JAL VIDYUT DPR is a key initiative by CEA to support the growth of hydropower and
pumped storage projects (PSPs) in India.Click here to read more

67. Who has been recently (in August ‘24) rated “A+” for the 2nd consecutive year in the
‘Central Banker Report Cards 2024’ by the Global Finance magazine?
1) Atul Kumar Goel
2) Dinesh Kumar Khara
3) Michael Patra
4) Shaktikanta Das
5) Shanti Lal Jain
Answer- 4) Shaktikanta Das

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 38

Explanation:
The Reserve Bank of India (RBI) Governor, Shaktikanta Das has been rated “A+” for 2nd consecutive
year in the ‘Central Banker Report Cards 2024’ by the United States of America (USA) based Global
Finance magazine .
• Other than Shaktikanta Das, Christian Kettel Thomson, Royal Governor of the Bank of
Denmark (Denmark) and Thomas Jordan, Chairperson of the Swiss National Bank
(Switzerland) have been received the “A+” rating.
• The grades are based on an “A+” to “F” scale with A representing “excellent performance” and
F representing “outright failure”.
• The performance of the central bank governors are rated based on 4 criteria: controlling
inflation, managing interest rates, promoting economic growth, and maintaining stability in the
domestic currency’s exchange rate.
• It is an annual report, published by the Global Finance magazine since 1994.

68. Who has been recently (in August 2024) appointed as the Interim Chairman of the Airports
Authority of India (AAI) as an additional charge?
1) Sanjaya Kumar Mishra
2) Vijaya Bharathi Sayani
3) M Suresh
4) Ravi Agrawal
5) Sanjeev Kumar
Answer- 3) M Suresh
Explanation:
On 20th August 2024, M Suresh has been appointed as the interim Chairman of the Airports
Authority of India (AAI) as an additional charge. He is currently serving as the Member of Air
Navigation Services(ANS) at the AAI.
• He is succeeding Sanjeev Kumar who has been appointed as Secretary, Department of Defence
Production(DPP), Ministry of Defence(MoD). He is a 1993 batch IAS officer of Maharashtra
cadre.

69. When was the first-ever National Space Day observed across India to commemorate
the Chandrayaan 3 landing on the Moon?
1) February 28
2) July 20
3) August 23
4) June 18
5) April 12
Answer- 3) August 23
Explanation:
The first-ever National Space Day (NSpD) is observed across India on 23 August 2024 to
commemorate the achievement of the Chandrayaan-3 Mission launched by the Indian Space Research
Organisation (ISRO).
i.The 2024 theme of NSpD is, “Touching Lives while Touching the Moon: India’s Space Saga.”

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 39

ii.On 22 August 2024, President Droupadi Murmu presented the Rashtriya Vigyan Puraskar
(RVP) -2024, at an award ceremony held at Gantantra Mandap, Rashtrapati Bhavan in New
Delhi(Delhi).
iii.The ISRO–Chandrayaan 3 Team was awarded the Vigyan Team (VT) Award for their
contributions to space science and technology.Click here to read more

70. In August 2024, the Ministry of Health & Family Welfare (MoH&FW) launched the
_______________________ (portal) of the National Medical Commission (NMC), developed by the
National Health Authority (NHA).
1) Centralised Admission Portal
2) NIRMAN Portal
3) National Medical Register Portal
4) National Health Claim Exchange Portal
5) NHM Health Statistics Information Portal
Answer- 3) National Medical Register Portal
Explanation:
Union Minister Jagat Prakash Nadda, Ministry of Health & Family Welfare (MoH&FW) launched the
National Medical Register (NMR) Portal of the National Medical Commission (NMC), developed by
the National Health Authority (NHA), an attached office of the MoH&FW.
• The NMR portal is a centralised database, designed to register all eligible allopathic
(Bachelor of Medicine and Bachelor of Surgery (MBBS)) doctors in India.
• The NMR is mandated under Section 31(1) of the NMC Act, 2019, stating that the Ethics &
Medical Registration Board (EMRB) of the NMC shall maintain a National Register in
electronic form.

71. Which country has recently (in August ‘24) signed a MoU with the Department of
Administrative Reforms and Public Grievances (DARPG) to foster ‘Cooperation in the Public
Administration and Governance Reforms’ for 5 years?
1) United Kingdom
2) Bhutan
3) France
4) Sri Lanka
5) Malaysia
Answer- 5) Malaysia
Explanation:
The Department of Administrative Reforms and Public Grievances (DARPG), the Ministry of
Personnel, Public Grievances, and Pensions (MoPPG&P), and the Public Service Department (PSD)
Government of Malaysia, signed a Memorandum of Understanding (MoU), at Hyderabad House, in
New Delhi, Delhi.
• The MoU was signed to foster ‘Cooperation in the Public Administration and
Governance Reforms’ for 5 years, with effect from 20th August 2024.
• A Joint Working Group (JWG) will be established to oversee the implementation of the
cooperation outlined in the MoU.

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 40

BEML Limited, (formerly Bharat Earth Movers Limited), a Public Sector Undertaking (PSU) under the
Ministry of Defence (MoD), signed a Memorandum of Understanding (MoU) with Malaysia’s largest
rolling stock producer, SMH Rail Sdn. Bhd., in New Delhi, Delhi.
• Under this MoU, BEML and SMH Rail will collaborate to increase capabilities in marketing,
manufacturing, and Maintenance, Repair, and Overhaul (MRO) services.
• This will also strengthen bilateral relations between India and Malaysia and address the
growing global demand for advanced rail and metro rolling stock.

72. In Which city, the Third Japan-India 2+2 Foreign and Defence Ministerial Meeting was held?
1) Kanpur, Uttar Pradesh
2) Hyderabad, Telangana
3) Mumbai, Maharashtra
4) Chennai, Tamil Nadu
5) New Delhi, Delhi
Answer- 5) New Delhi, Delhi
Explanation:
On 20th August 2024, Union Minister Subrahmanyam Jaishankar, Ministry of External Affairs (MEA)
of India; Union Minister Rajnath Singh, Minister of Defence (MoD) of India; and Kamikawa Yoko,
Minister for Foreign Affairs of Japan and Kihara Minoru, Ministry of Defence of Japan held the Third
Japan-India 2+2 Foreign and Defence Ministerial Meeting was held in New Delhi, Delhi.
i.The dialogue emphasised the importance of a free, open, and rules-based Indo-Pacific region, with
both countries confirming their commitment to strengthening their partnership.
ii.The meeting further deepens the defence cooperation and brings greater depth to the ‘Special
Strategic and Global Partnership (SGSP)’ between India and Japan.

73. Which bank has recently (in August ‘24) introduced a new savings account product “Avni”
for women's empowerment?
1) IDFC First Bank
2) Bandhan Bank
3) State Bank of India
4) HDFC Bank
5) Axis Bank
Answer-2) Bandhan Bank
Explanation:
On 22nd August 2024, Bandhan Bank Limited, on the eve of its foundation day, has introduced a
new savings account product “Avni” to empower women by offering them customized financial and
lifestyle solutions, along with various other attractive benefits.
• The product will offer a specially designed MasterCard Platimum debit card with wide range
of benefits like: free airport lounge access, personal accident insurance cover of Rs 10 lakh,
lost card liability of Rs 3.5 lakh, among others.
• The account holders of Avni savings account will be required to maintain an Average Quarterly
Balance (AQB) of Rs 25,000.
• The new savings account will offer a free cash deposit limit of up to Rs 5 lakh per month.
• The bank also launched a loyalty programme, ‘Bandhan Bank Delights’ where customers can
earn reward points called Delight Points.

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 41

74. Which bank has recently (in August ‘24) signed a USD 500 million loan agreement with
India for the ‘Maharashtra Tertiary Care and Medical Education Sector Development Program
(SDP)’?
1) Societe Generale
2) Burgan Bank
3) Asian Development Bank
4) Deutsche Bank AG
5) World Bank
Answer- 3) Asian Development Bank
Explanation:
India signed a USD 500 million loan agreement with the Asian Development Bank (ADB) for the
‘Maharashtra Tertiary Care and Medical Education Sector Development Program (SDP)’ to improve
access to quality and affordable tertiary health care and medical education in Maharashtra.
• The program will help to establish 4 medical colleges with attached tertiary care hospitals,
incorporating climate- and disaster-resilient, gender-responsive, and socially inclusive features
in underserved districts.
• To integrate gender and social inclusion in medical education, ADB will support Maharashtra
to create a gender unit under the Medical Education and Drugs Department (MEDD),
Government of Maharashtra.

75. Name the Indian Athlete who has recently (in August 2024) finished 2nd in the Javelin
throw event at the 2024 Lausanne Diamond League held in Lausanne, Switzerland.
1) Sumit Antil
2) Neeraj Chopra
3) Devarakeshavi Prakasha Manu
4) Nayana James
5) Devendra Jhajharia
Answer- 2) Neeraj Chopra
Explanation:
Indian javelin thrower Neeraj Chopra finished 2nd at the Lausanne Diamond League 2024 (also
known as Athletissima) with his season’s best throw of 89.49 meter.
• Lausanne Diamond League 2024, organised by World Athletics, was held from the 21st to
22nd August 2024 at Pontaise Olympic Stadium in Lausanne, Switzerland.
• The Two-time world champion and 2024 Paris Olympics bronze-medalist Anderson Peters
of Grenada won the event with a throw of 90.61m while Julian Weber of Germany finished
3rd with a throw of 87.08m.
• With seven points gained from this tournament, Neeraj Chopra is sharing the 3rd spot
alongside Julian Weber (Germany) in Diamond League standings with 15 points.
• The Diamond League is an annual series of track and field athletic competitions organised
by World Athletics (formerly known as the International Association of Athletics
Federations (IAAF).

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 42

76. Which of the following points is/are correct with respect to the Unified Pension Scheme
(UPS) approved by the Union Cabinet on 24th August 2024?
A) As per UPS, the central government employees will contribute 10% of their salary while the
central government will contribute 14%.
B) Under the UPS, all central government employees who have served for a minimum 25 years,
will receive 50% of their last drawn salary from the past 12 months before superannuation as
pension.
C) The UPS was recommended by a committee headed by T.V. Somanathan, former finance
secretary in April 2023.
1) Only A & B
2) Only A & C
3) Only B & C
4) Only A
5) All A, B & C
Answer- 3) Only B & C
Explanation:
The Union Cabinet led by PM Narendra Modi has approved the Unified Pension Scheme (UPS) for
central government employees. The UPS combines the benefits of existing National Pension Scheme
(NPS) and Old Pension Scheme (OPS).
• The scheme will come into effect on 1st April, 2025. The benefits of the UPS will apply to
those who are retired or retiring under the NPS till March 31, 2025.
• The Maharashtra government became the first state to implement Unified Pension Scheme
(UPS) for its government employees with effective from March 2024.
• The UPS was recommended by a committee headed by T.V. Somanathan, former finance
secretary in April, 2023.
• As per UPS, the central government employees will continue to contribute 10% of their
salary, as in current National Pension Scheme (NPS). While, the central government has
increased its contribution from 14% (currently under NPS) to 18.5%.
• Assured Pension: Under the UPS, all central government employees who have served for
minimum 25 years, will receive 50% of their last drawn salary from the past 12 months
before superannuation as pension.
• Assured minimum pension: The scheme has a unique feature of assured minimum
pension for those employees who have served for at least 10 years, will be entitled to
receive a minimum pension benefit of Rs 10,000 per month on superannuation.
i.The Union Cabinet chaired by Narendra Modi, Prime Minister (PM) of India has also approved:
ii. On 24th August 2024, the Union Cabinet has approved the continuation of 3 umbrella schemes
under a new unified central sector scheme,” Vigyan Dhara” of the Department of Science and
Technology (DST), Ministry of Science and Technology(MoS&T).
• The estimated budget for the implementation of the scheme is Rs 10, 579.84 crore during
the 15th Finance Commission i.e. from Financial Year of 2021-22 (FY22) to FY26.
iii.The Union Cabinet has approved the proposal Biotechnology for Economy, Environment and
Employment (BioE3) policy which aimed at fostering high-performance bio-manufacturing of the
Department of Biotechnology(DBT), Ministry of Science and Technology (MoS&T).

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 43

 • TheBioE3 Policy outlines three implementation strategies: discovery and integrated
research networks, bridging existing gaps, and establishing bio-enabler hubs. Click here to read
more

77. Which of the following points is/are ‘correct’ with respect to Prime Minister Narendra
Modi’s visit to Poland and Ukraine in August 2024?
A) India and Poland have decided to upgrade the India-Poland bilateral relations as a
“Strategic Partnership, a five-year Joint Action Plan for 2024-2028.
B) India and Ukraine agreed to utilise the Joint Commission for Economic Cooperation (JCEC),
which is set to be held by the end of 2024.
C) PM Modi presented four Bharat Health Initiatives for Sahyog Hita and Maitri (BHISHM
Cubes) to the Government of Ukraine.
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
Explanation:
Narendra Modi, Prime Minister (PM) of India, visited Poland from 21st to 22nd August 2024 at the
invitation of Donald Tusk, PM of Poland.He also visited Ukraine on 23rd August 2024 at the
invitation of Volodymyr Zelenskyy, President of Ukraine.
• This marks the first visit by an Indian PM to Poland in the past 45 years since Morarji Desai
in 1979.
• Modi’s visit to Ukraine marks the first visit of an Indian PM to the country since the
establishment of diplomatic relations between the two countries in 1992.
• India and Poland have decided to upgrade the India-Poland bilateral relations as a
“Strategic Partnership” to strengthen the cooperation across various sectors.
• To implement the Strategic Partnership, both India and Poland have agreed to a five-year
Joint Action Plan for 2024-2028.
• Indian PM Narendra Modi and Ukrainian President Volodymyr Zelenskyy have formalised
four key agreements focusing on agriculture, medicine, culture & humanitarian assistance.
• PM Modi presented four Bharat Health Initiatives for Sahyog Hita and Maitri (BHISHM
Cubes) to the Government of Ukraine.Click here to read more

78. In August 2024, The Reserve Bank of India(RBI) modified its electronic mandate
framework to include the auto-replenishment of balances in _________.
1) Credit Card
2) Insurance Policy
3) FASTag
4) E-commerce Wallet
5) Demat account
Answer- 3) FASTag

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 44

Explanation:
The Reserve Bank of India(RBI) modified its electronic mandate (e-mandate) framework to include
the auto-replenishment of balances in FASTag and the National Common Mobility Card (NCMC).
• Aim: To streamline recurring transactions without fixed periodicity and is effective
immediately.
• Previously, a 24-hour pre-debit notification was required and this is no longer necessary for
auto-replenishment transactions.
• Auto replenishment of balances in FASTag and NCMC triggers whenever the balance falls
below a customer-defined threshold.
• The e-mandate framework, established in 2019, ensures customer protection by providing
notification for upcoming debits.

79. Name India’s 1st reusable hybrid rocket that was recently (in August ‘24) launched
successfully by Space Zone India (SZI).
1) RHUMI-1
2) New Shepard
3) ULA Atlas V
4) H3 rocket
5) Agnibaan
Answer- 1) RHUMI-1
Explanation:
On 24th August 2024, India successfully launched its 1st reusable hybrid rocket named “RHUMI-1”,
developed by Space Zone India (SZI),Chennai, Tamil Nadu (TN) – based start-up, in partnership with
Martin Group.
• The rocket was lifted off from a mobile launchpad on East Coast Road (ECR), Thiruvidanthai
in Chennai, TN.
• It was carrying 3 Cube Satellites and 50 PICO Satellites and deployed them into a suborbital
trajectory using a mobile launcher.
• The Cube satellites will monitor and collect atmospheric conditions like: cosmic radiation
intensity, Ultra Violet (UV) radiation intensity, and air quality.
• It comprises RHUMI series of rockets, including RHUMI-1, RHUMI-2, and RHUMI-3 which
are designed specifically to cover a range of altitudes from 1 kilometer (km) to 500 km.

80. In August 2024, the Indian Army transferred the technology of __________ , an Unmanned
Ground Vehicle (UGV) to a private Indian company for mass production.
1) Agniastra
2) Nagastra
3) Xploder
4) Vidyut Rakshak
5) Prahasta
Answer- 3) Xploder
Explanation:
The Indian Army has transferred the technology for the mass production of 2 indigenously
developed cutting-edge technologies, namely the Xploder and Agniastra, developed by the innovator
officers of the Army Design Bureau (ADB), to private Indian firms.

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 45

 • The Transfer of Technology (ToT) ceremony was presided over by Lieutenant General NS
Raja Subramani, Vice Chief Of Army Staff (VCOAS).
• The ToT process is facilitated by the Foundation for Innovation and Technology Transfer
(FITT) at the Indian Institutes of Technology Delhi (IIT Delhi) in New Delhi, Delhi.
• The Xploder, an advanced Unmanned Ground Vehicle (UGV), is a versatile system designed
for a range of combat and operational roles.
• Equipped with all-terrain capabilities, the Xploder can conduct unmanned reconnaissance,
precisely deliver explosive payloads, and safely dispose of remote Improvised Explosive
Devices (IEDs).
• The Agniastra is a Multi-Target Portable Detonation System, revolutionising remote
detonation technology.
• Agniastra is capable of simultaneously targeting multiple locations over extended ranges
and can be manually placed or delivered via UAVs (Unmanned Aerial Vehicles)/UGVs.

81. Who won the Formula 1(F1) Heineken Dutch Grand Prix (GP) 2024 title held at the Circuit
Zandvoort, in Zandvoort, the Netherlands?
1) Max Verstappen
2) George Russell
3) Oscar Piastri
4) Lando Norris
5) Charles Leclerc
Answer- 4) Lando Norris
Explanation:
McLaren’s Lando Norris, a British racing driver, won the title at the Formula 1 (F1) Heineken
Dutch Grand Prix (GP) 2024 held at the Circuit Zandvoort, in Zandvoort, the Netherlands. This
marks Norris’s 2nd title of his F1 career.
• Red Bull’s Max Verstappen a Dutch-Belgian racing driver (competing under the Dutch
flag) finished 2nd followed by Ferrari’s Charles Leclerc of Monaco at the 3rd position.
• The Dutch GP 2024 was the 15th round of the 2024 Fédération Internationale de
l’Automobile (FIA) F1 world championship.
• Lando Norris won his first F1 career title at the 2024 Miami GP in May 2024 in Florida, the
United States of America (USA).

82. Which of the following is ‘not’ one of the five districts that were newly created in the Union
Territory (UT) of Ladakh?
1) Zanskar
2) Drass
3) Nubra
4) Changthang
5) Hemis
Answer- 5) Hemis
Explanation:
The Ministry of Home Affairs (MHA), announced the creation of 5 new districts in the Union
Territory (UT) of Ladakh, namely, Zanskar, Drass, Sham, Nubra, and Changthang. With the
formation of the new districts, Ladakh’s total number of districts has increased to 7.

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 46

 • The MHA also instructed the Ladakh administration to establish a committee to evaluate
aspects such as headquarters, boundaries, and the structure of the new districts and submit
its report within 3 months.
• Currently, Ladakh has only 2 districts, Leh and Kargil, both managed by its autonomous
district council.
• Ladakh has been demanding inclusion in the sixth schedule of the Indian Constitution to
protect its tribal identity, culture, land, and resources.

83. India has recently (in August ‘24) become the 18th Security of Supplies Arrangement
(SOSA) partner of _____________(Country).
1) United States of America
2) France
3) Singapore
4) Vietnam
5) Belarus
Answer- 1) United States of America
Explanation:
The Union Minister Rajnath Singh, Ministry of Defence (MoD), was on an official visit to Washington
D.C., the United States of America (USA) from 23rd to 26th August 2024 at the invitation of the Lloyd
Austin, United States Secretary of Defense.
• Rajnath Singh and Lloyd Austin also highlighted the conclusion of the bilateral, non-binding
Security of Supplies Arrangement (SOSA) between India and US, which was signed on 22nd
August 2024. India is the 18th SOSA partner of the USA.
• India and the USA signed two significant agreements during Defence Minister Rajnath Singh’s
visit to Washington DC, USA. An Memorandum of Agreement (MoA) was signed between
India and the USA for the deployment of Liaison Officers.
• The USA has approved the Foreign Military Sale of Sonobuoys and related gears to India at an
estimated cost of USD 52.8 million.This aims to enhance India’s anti-submarine warfare
capabilities, particularly for its MH-60R helicopters.The principal contractors are Sparton
Corporation and Undersea Sensor Systems Inc.
• India and the USA agreed to advance co-production projects, including the GE F-414 engine for
Tejas Mk-2 aircraft and Stryker armoured infantry combat vehicles.
• MoD Minister Rajnath Singh visited the William B. Morgan Large Cavitation Channel (LCC) in
Memphis, Tennessee, where the USA Navy tests submarines and naval surface ships.Click here
to read more

84. Which organisation has recently (in August ‘24) introduced Unified Lending Interface (ULI)
to facilitate seamless credit access?
1) National Payments Corporation of India
2) TransUnion CIBIL Limited
3) Securities and Exchange Board of India
4) Reserve Bank of India
5) International Financial Services Centre
Answer- 4) Reserve Bank of India

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 47

Explanation:
The Reserve Bank of India (RBI) introduced its ‘Unified Lending Interface (ULI)’ technology
platform across India. It was announced by the RBI Governor Shaktikanta Das during the ‘Global
Conference on Digital Public Infrastructure and Emerging Technologies’ in Bengaluru, Karnataka on
August 26, 2024.
• The ULI pilot program was initiated in 2023 to facilitate seamless credit access and will be
launched nationwide soon.
• This is based on the success of the Unified Payments Interface(UPI) which was launched in
2016.
• The ULI platform simplifies credit appraisals, especially for small and rural borrowers, by
enabling seamless, consent-based digital information flow, such as land records, PAN
(Permanent Account Number), Aadhaar, and credit histories, between service providers and
lenders.
• ULI’s standardized Application Programming Interface(APIs) will reduce the complexity of
multiple technical integrations and speeding up credit approvals with minimal
documentation.

85. According to State Bank of India (SBI’s) Economic Research Department (ERD) report-
‘Ecowrap’, India’s Gross Domestic Product (GDP) is expected to grow by _____ in the 1st Quarter
of Financial Year 2024-25(FY 25).
1) 7.0% to 7.4%
2) 7.2% to 7.5%
3) 7.0% to 7.1%
4) 7.2% to 7.4%
5) 7.4% to 7.5%
Answer- 3) 7.0% to 7.1%
Explanation:
According to State Bank of India (SBI’s) Economic Research Department (ERD) report, India’s Gross
Domestic Product (GDP) is expected to grow by 7.0% to 7.1% in 1st Quarter (Q1: April-June)
of Financial Year 2024-25(FY 25).
• It has also projected that Gross Value Added (GVA) will be in the range of 6.7% to 6.8%
with a downward bias.
• The report showed that India Inc. in Q1FY25, around 4,000 listed entities reported a top-
line as well as bottom-line growth of 9%, as compared to Q1FY24.
• The corporate GVA increased by around 10.9% in Q1FY25 as compared to 17% in Q4FY24
and 26% in Q3FY24.
• The report estimated that agricultural growth to rebound to 4.5% to 5% in FY25, which is
around 30 bps more than RBI forecast.Click here to read more

86. In Which year, the Jal Jeevan Mission (JJM) was launched by the Prime Minister Narendra
Modi?
1) 2015
2) 2020
3) 2019
4) 2016

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 48

5) 2018
Answer- 3) 2019
Explanation:
15th August 2024 marks the 5th Anniversary of the Jal Jeevan Mission (JJM): Har Ghar Jal, the
flagship scheme of Government of India implemented by the Department of Drinking Water &
Sanitation (DDWS), Ministry of Jal Shakti (MoJS), in partnership with States.
• The Jal Jeevan Mission was launched by Narendra Modi, the Prime Minister (PM) of India, on
15 August 2019 (73rd Independence Day of India) at the Red Fort in New Delhi, Delhi.
• The scheme aims to provide tap water supply to every rural Households (HHs )in India by
2024.
• The World Health Organization (WHO) estimates that the JJM will save over 5.5 crore hours
daily, mainly for women, by reducing the time spent collecting water.
• WHO projects that providing safe drinking water across India could prevent nearly 400,000
deaths from diarrheal diseases and save 14 million Disability Adjusted Life Years (DALYs).
• As of 12th August 2024, JJM has successfully provided tap water connections to 11.82 crore
additional rural households. The total coverage has increased to 15.07 crore households,
accounting 77.98% of all rural households in India.
• 188 districts, 1,838 blocks, 1,09,996 Gram Panchayats and 2,33,209 villages have reported to
achieve ‘Har Ghar Jal’ status as of 14th August 2024.Click here to read more

87. Which of the following points is/are ‘correct’ with respect to the Pradhan Mantri Jan Dhan
Yojana (PMJDY)?
A) The Pradhan Mantri Jan Dhan Yojana (PMJDY) was launched on 28th August 2014 by Prime
Minister (PM) Narendra Modi.
B) RuPay Debit card with in-built accident insurance cover of Rs. 2 lakh is provided to promote
digital transactions.
C)PMJDY has brought 53.13 crore people into the formal banking system as of August 14, 2024.
1) Only A & B
2) Only B & C
3) Only A & C
4) Only A
5) All A, B & C
Answer- 5) All A, B & C
Explanation:
The Pradhan Mantri Jan Dhan Yojana (PMJDY), a National Mission for Financial Inclusion, launched on
August 28, 2014 by the Prime Minister (PM) Narendra Modi, completed 10 years (decade) of
successful implementation.
• It is implemented by the Department of Financial Services (DFS), Ministry of Finance(MoF).
• PMJDY is the National Mission for Financial Inclusion(FI) to ensure access to financial
services. The aim of PMJDY is to promote the Direct Benefits Transfer (DBT) scheme of the
Union Government.
• The slogan of PMJDY is “Mera Khaata, Bhagya Vidhata” (My account, fortune maker).
• There is no age restriction for opening a PMJDY account and accounts are opened with a
zero balance.

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 49

 • RuPay Debit card with in-built accident insurance cover of Rs. 2 lakh is provided to
promote digital transactions.
• An overdraft (OD) facility up to Rs. 10,000 to eligible account holders.
• Widespread Financial Inclusion: PMJDY has brought 53.13 crore people into the formal
banking system as of August 14, 2024, with 55.6% (29.56 crore) of Jan-Dhan account
holders being women and 66.6% (35.37 crore) of accounts in rural or semi-urban areas.
• Deposit Growth: Total deposits in PMJDY accounts have reached Rs 2,31,236 crore,
reflecting a 15-fold increase since 2015.Click here to read more

88. Union Communication Minister Jyotiraditya Scindia inaugurated a 10-meter air pistol
shooting range in Gwalior, Madhya Pradesh, named in honor of renowned Indian sport shooter
______________.
1) Abhinav Bindra
2) Manu Bhaker
3) Sarabjot Singh
4) Gagan Narang
5) Swapnil Kusale
Answer- 2) Manu Bhaker
Explanation:
Union Minister Jyotiraditya Scindia, Ministry of Communications (MoC) inaugurated a 10 meters
(m) air pistol shooting range at Jiwaji Club in Gwalior, Madhya Pradesh(MP), named after Indian
Shooter Manu Bhaker, who won 2 bronze medals at the 2024 Paris Olympics(France).
• The new facility honours Bhaker’s achievements as the 1st Indian athlete (post-
independence) to win 2 medals in the same Olympics.
• The 10m air pistol shooting range is a standardised facility used for competitive air pistol
shooting events (indoor).

89. Which organization has recently (in August ‘24) launched a scheme called SPICED –
“Sustainability in Spice Sector through Progressive, Innovative, and Collaborative
Interventions for Export Development”?
1) Indian Council of Agricultural Research
2) Food Safety and Standards Authority of India
3) Agricultural and Processed Food Products Export Development Authority
4) Indian Chamber of Food and Agriculture
5) Spices Board of India
Answer- 5) Spices Board of India
Explanation:
The Spices Board of India, under the Ministry of Commerce and Industry(MoCI), has launched a
transformative scheme called SPICED – “Sustainability in Spice Sector through Progressive,
Innovative, and Collaborative Interventions for Export Development”, with a budget of Rs 422.30
crore.
• Programmes launched under the SPICED will be implemented during the remaining period
of the 15th Finance Commission Cycle (till FY 2025-26).
• Aim: To significantly boost spice exports, enhance productivity, and upgrade the post-
harvest quality of spices.

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 50

 • This will facilitate value-addition and drive innovation and sustainability in the spice sector
by introducing sub-components like Mission Value Addition, Mission Clean and Safe Spices,
promotion of GI (Geographical Indication) spices.

90. Who has been recently (in August ‘24) elected unopposed as the next Chairman of the
International Cricket Council (ICC) with effect from 1st December 2024?
1) Shashank Manohar
2) Jay Shah
3) N Srinivasan
4) Roger Binny
5) Sourav Ganguly
Answer- 2) Jay Shah
Explanation:
Jay Shah, Secretary of the Board of Control for Cricket in India (BCCI), has been elected unopposed as
the next Chairman of the International Cricket Council (ICC) with effect from 1st December 2024. At
35, Shah has become the youngest-ever chairman in the history of the ICC.
• He will succeed incumbent chairman Greg Barclay of New Zealand, who decided not to
seek a 3rd consecutive 2-year term after the conclusion of his tenure in November 2024.
• Shah will leave his current position as BCCI secretary, during the Board’s Annual General
Meeting (AGM) to be held at the end of September 2024 or in October 2024.
• He became the 5th Indian to assume a role at the ICC and 3rd Indian to assume the role of
ICC Chair.

91. Who has been recently (in August 2024) appointed as the Chairman and Chief Executive
Officer (CEO) of the Railway Board?
1) Subhransu Sekhar Acharya
2) B.N. Gangadhar
3) Vijaya Bharathi Sayani
4) Jaya Varma Sinha
5) Satish Kumar
Answer- 5) Satish Kumar
Explanation:
On August 27 2024, The Appointments Committee of the Cabinet (ACC) approved the appointment of
Satish Kumar, Indian Railway Management Service (IRMS) officer, as the Chairman and Chief
Executive Officer (CEO) of the Indian Railway Board(IRB) under the Ministry of Railways (MoR).
Kumar is the first person from the Scheduled Castes(SC) or Dalit community to hold this position in
the IRB history.
• Satish assumes charge with effect from September 1 2024, till the date of his superannuation
and his re-employment on contract basis, from January 1 till August 31, 2025, on usual terms
and conditions, or until further orders, whichever is earlier.
• He succeeds Jaya Varma Sinha, who is set to superannuate on August 31 2024. He will join the
Central Administrative Tribunal (CAT) as an administrative member after her retirement.

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 51

92. Which of the following is/are ‘correct’ with respect to the proposals approved by the Union
Cabinet on 28th August 2024?
A) The Union Cabinet has approved a proposal for 3rd batch of ascending e-auctions to
establish 730 Private FM (Frequency Modulation) radio channels across 234 new cities, with a
reserve price of Rs 784.87 crore under Private FM Radio Phase Ill Policy.
B) The Cabinet Committee on Economic Affairs (CCEA) has approved 3 railway projects viz. two
new lines and one multi-tracking project with a total estimated cost of Rs 6,456 crore.
C) CCEA has approved 10 new industrial nodes/cities under the National Industrial Corridor
Development Programme (NICDP) with an estimated investment of Rs 25,602 crore.
1) Only A & B
2) Only B & C
3) Only A & C
4) Only A
5) All A, B & C
Answer- 1) Only A & B
Explanation:
The Union Cabinet chaired by the Prime Minister (PM) Narendra Modi approved the following
proposals:
i.The Union Cabinet approved the progressive expansion of the Central Sector Scheme under the
Agriculture Infrastructure Fund (AIF). The expansion aims to make the scheme more attractive,
impactful, and inclusive by broadening eligible projects and adding supportive measures.
ii.The Union Cabinet has approved a proposal for 3rd batch of ascending e-auctions to establish 730
Private FM (Frequency Modulation) radio channels across 234 new cities, with a reserve price of Rs
784.87 crore under Private FM Radio Phase Ill Policy.
iii.The Union Cabinet has approved a proposal from the Ministry of Power to provide Central
Financial Assistance (CFA) to State Governments in the North Eastern Region (NER) for equity
participation in Hydro Electric Projects.
iv.The Cabinet Committee on Economic Affairs (CCEA) has approved 3 railway projects viz. two new
lines and one multi-tracking project with a total estimated cost of Rs 6,456 crore. These projects aim
to improve connectivity, ease travel, reduce logistics costs, and lower CO2 emissions across India.
v.CCEA has approved 12 new industrial nodes/cities under the National Industrial Corridor
Development Programme (NICDP) with an estimated investment of Rs 28,602 crore. Click here to
read more

93. According to the recently(in August ‘24) launched Vehicle Scrapping Policy or Voluntary
Vehicle Modernization Program(VVMP), state governments will offer a concession on motor
vehicle tax of up to _________ for non-transport vehicles.
1) 50%
2) 6%
3) 28%
4) 25 %
5) 12%
Answer- 4) 25 %

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 52

Explanation:
The Ministry of Road Transport and Highways (MoRTH) has launched the Vehicle Scrapping Policy
or Voluntary Vehicle Modernization Program(VVMP) to create an ecosystem for phasing out unfit
polluting vehicles across India.
• This policy will be implemented through a network of Registered Vehicle Scrapping
Facilities (RVSFs) and Automated Testing Stations (ATSs).
• The policy notified state governments to offer a concession on motor vehicle tax of up to 25
% for non-transport vehicles, and up to 15 % on transport vehicles. Now, MoRTH has added
a waiver on any pending liabilities that the vehicle to be scrapped may have.
• The manufacturers of Commercial and Passenger Vehicle have agreed to offer discounts for
a limited period against a Certificate of Deposit (Scrappage Certificate).
• Currently, over 60 RVSFs across 17 States and more than seventy-five ATSs in 12 States are
operational in India.

94. Which organisation/bank has recently (in August ‘24) introduced two new transformative
digital payment solutions namely Bharat BillPay System (BBPS) for Business and Unified
Payments Interface (UPI) Circle?
1) Reserve Bank Innovation Hub
2) India Post Payments Bank
3) National Payments Corporation of India
4) Indian Financial Technology and Allied Services
5) Paytm Payments Bank
Answer- 3) National Payments Corporation of India
Explanation:
On 28th August 2024, the National Payments Corporation of India (NPCI) has announced the
introduction of two new transformative digital payment solutions namely, Bharat BillPay System
(BBPS) for Business and Unified Payments Interface (UPI) Circle, which enables payments to users.
• Both these payment solutions are aimed at enhancing inclusivity, security, and efficiency of
digital payment ecosystem of India.
• These payment solutions were unveiled by Shaktikanta Das, Governor of Reserve Bank of
India (RBI) at the Global FinTech Festival (GFF) 2024 held in Mumbai, Maharashtra.
• BBPS for Business is an interoperable platform, developed by NPCI. It is designed to
transform Business-to-Business (B2B) transactions across different Enterprise Resource
Planning (ERP) and accounting platforms.
• UPI Circle is a delegated payment feature that will enable a primary UPI user to link with
trusted secondary users by granting them partial or complete access to their account for
making payments.

95. Which of the following firms is ‘not’ involved in the combination approved by the
Competition Commission of India (CCI) with respect to the merger of Reliance Industries
Limited’s (RIL) media assets with Walt Disney?
1) Viacom18 Media Private Limited
2) Reliance Industries Limited
3) Star India Private Limited
4) Star Television Productions Limited

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 53

5) Zee Media Corporation
Answer- 5) Zee Media Corporation
Explanation:
The Competition Commission of India (CCI) approved the proposed combination involving Reliance
Industries Limited (RIL), Viacom18 Media Private Limited (Viacom18), Digital18 Media Limited,
Star India Private Limited (SIPL), and Star Television Productions Limited (STPL).
• The transaction aims to merge the entertainment businesses of Viacom18, part of the RIL
group, with SIPL, a wholly owned entity of The Walt Disney Company (TWDC).
• As a result of the transaction, SIPL, currently a wholly owned entity of TWDC through its
subsidiaries, will become a Joint Venture (JV) jointly held by RIL, Viacom18, and existing
TWDC subsidiaries.

96. In August 2024, the Ministry of Defence (MoD) placed an order worth Rs 837 crore for the
import of an additional 73,000 SIG-716 semi-automatic assault rifles for the Indian Army (IA)
from SiG Sauer Inc. of _________(country).
1) Sweden
2) Russia
3) Germany
4) Israel
5) United States of America
Answer- 5) United States of America
Explanation:
The Ministry of Defence (MoD), Government of India (GoI) announced that it has placed a order
worth Rs 837 crore for the import of an additional 73,000 SIG-716 of 7.62×51 millimeter (mm)
semi-automatic assault rifles for the Indian Army (IA) from the United States of America (USA)-based
small-arms manufacturing company, SiG Sauer Inc.
• The contract for this order was signed in June 2024 and, the delivery of these assault rifles
is within 18 months of the contract. This is India’s second procurement order to Sig Sauer
in 5 years.
• This additional order of 73,000 assault rifles will increase the total number of these rifles in
the IA to approximately 1.45 lakh.

97. Which Ministry has recently launched (in August 2024) the ‘SHe-Box portal’ for registering
and monitoring complaints of sexual harassment of women in the workplace?
1) Ministry of Communications(MoC)
2) Ministry of Education(MoE)
3) Ministry of Health and Family Welfare (MoH&FW)
4) Ministry of Women and Child Development(MoWCD)
5) Ministry of Home Affairs(MHA)
Answer- 4) Ministry of Women and Child Development(MoWCD)
Explanation:
Union Minister Annapurna Devi, the Ministry of Women and Child Development (MoWCD) has
launched the ‘SHe-Box portal’, a centralized platform for registering and monitoring complaints of
sexual harassment of women at the workplace.
• Annapurna Devi has also launched a new website of the MoWCD at New Delhi, Delhi.

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 54

 • The She-Box Portal acts as a centralised repository for information about Internal
Committees (ICs) and Local Committees (LCs) formed across India, covering both the public
and private sectors.
• It also includes a designated Nodal Officer to enable real-time monitoring of complaints,
resulting in a faster and assured redressal process.

98. Which bank has recently (in August ‘24) launched the INORI RuPay Platinum Credit Card to
offer cardholders exclusive benefits and privileges?
1) HDFC Bank
2) Punjab National Bank
3) ESAF Small Finance Bank
4) Axis Bank
5) AU Small Finance Bank
Answer- 3) ESAF Small Finance Bank
Explanation:
Thrissur (Kerala)-based ESAF Small Finance Bank (SFB) has launched INORI RuPay Platinum Credit
Card, a premium financial product to offer cardholders with exclusive benefits and privileges.
• It is developed in partnership with the National Payments Corporation of India (NPCI).
• The name of the card, ‘inori’ is derived from Japanese word for ‘wish’, which symbolizes the
bank’s aspiration to meet the desires and expectations of its customers.
• The card is specially crafted to facilitate an elevated banking experience and to cater the
sophisticated requirements of the bank’s customers.

99. Who has topped the Hurun India Rich List 2024 with a net worth of Rs 1,161,800 Crore?
1) Mukesh Ambani
2) Shiv Nadar
3) Cyrus S Poonawalla
4) Gautam Adani
5) Dilip Shanghvi
Answer- 4) Gautam Adani
Explanation:
The Hurun India Rich List 2024, the 13th edition of Hurun India Rich List was released which is
topped by Gautam Adani, Chairman of the Adani Group with a net worth of Rs 1,161,800 Crore (Cr),
a 95% increase in wealth.
• Mukesh Ambani, Chairman of Reliance Industries Limited (RIL) at 2nd with Rs 1,014,700
Cr and Shiv Nadar & Family of HCL Technologies ranked 3rd with a wealth of Rs 314,000
crore.
• Radha Vembu of Zoho is the wealthiest self-made woman with Rs 47,500 crore.
• Mumbai (Maharashtra), the billionaire capital of Asia, has topped the the list as the
preferred city among the billionaires in India.Click here to read more

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 55

Top 5 in the Hurun India Rich List 2024:
Rank Individual Company Wealth Estimate
(Rs)

1 Gautam Adani Adani Group 1,161,800 Cr

2 Mukesh Ambani RIL 1,014,700 Cr

3 Shiv Nadar & Family HCL Technologies 314,000 Cr

4 Cyrus S Poonawalla & Serum Institute of India 2,89,800 Cr

Family

5 Dilip Shanghvi Sun Pharmaceutical 2,49,900 Cr

Industries

100. Name the 2nd indigenous nuclear-powered ballistic missile submarine commissioned
into the Indian Navy on 29th August 2024 at Visakhapatnam, Andhra Pradesh (AP).
1) INS Arighaat
2) INS Shivalik
3) INS Visakhapatnam
4) INS Sindhukesari
5) INS Sindhughosh
Answer- 1) INS Arighaat
Explanation:
On 29th August 2024, Indian Naval Ship (INS) Arighaat, the 2nd Arihant-Class SSBN(Ship,
Submersible, Ballistic, Nuclear), was commissioned into the Indian Navy at Visakhapatnam, Andhra
Pradesh (AP) in the presence of Union Minister Rajnath Singh, Ministry of Defence (MoD).
• It is India’s 2nd indigenous nuclear-powered ballistic missile submarine, after INS Arihant
which was commissioned into service in August 2016.Arihant is a Sanskrit word which
means ‘Destroyer of the Enemy’.
• INS Arighaat retains the same reactor and dimensions of INS Arihant such as: displacement
of 6,000 tonnes and is powered by an 83 MegaWatt (MW) pressurized light-water reactor
with enriched Uranium (U), but has several technological upgrades.
• It can attain speeds up to 24 knots (44 km/hr) when submerged and about 12-15 knots (22-
28 km/rh) on surface level.
• It has 4 missile launch tubes. Each tube can carry up to three K-15 submarine-launched
ballistic missiles (SLBM) with a range of 750 km, or one K-4 SLBM, that has a range of 3,500
km. Both are capable of carrying nuclear warheads

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 56

 Aspirant Queries
Aspirant: Does Affairscloud covers all the Current affairs topics
related to examinations?

Affairscloud: We Guaranteed All the Important topics related to

examination are covered in Our Daily CA content and Daily CA
Quizzes.

Aspirant: Why is there a delayal in news?

Affairscloud: As some of the major news sites doesn't provide the
required data on the exact day, we take extra time for important
data to be presented to the aspirants on the examination basis to
ensure nothing is missed.
Example: In 'Important Days' topics the International
Organisations publish their reports and Rankings in the evenings, to
make sure every data is covered, we delay the topics to the next day

Candidates appearing for Competitive Exams. Kindly Share the

General Awareness questions, which asked in their respective
exams to “[email protected]”

GA Questions Asked in Exams

• Affairscloud’s Self Analysis for General Awareness Section

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 57

Most Trusted Source!!!!! Since 2014, nearly 85% of the questions in the General
Awareness section on Bank Exams have been covered by Affairscloud@Careerscloud.
Detailed Analysis of GA Questions asked in SBI Clerk Mains Exam2023 - 2024:

Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 58

•
Report Errors in the PDF - [email protected] Copyright 2014-2024 @ AffairsCloud.com 59