Dear Champions, as you all know that a lot of competitive exams have been notified consequently. Candidates have to prepare themselves according to the level of competition and expectation of  the Recruitment board. Regarding that one of the most important topic is Daily Current Affairs. Current Affairs in the form of contemporary events of national & international play a crucial role in almost every competitive exams like Banking, Insurance, SSC, UPSC, TNPSC, Railway etc.,

Current affairs are the most dynamic yet scoring among all sections and need to be prepared from the right source. Here, we cafunsta team, providing  Daily GK Updates, Current Affairs Questions, and Monthly  current affairs pdf.

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AUGUST – 25 | Daily Current Affairs 2020

SPORTS

1. Cameron White announces retirement. He is related to which sports?
A) Wrestling
B) Boxing
C) Cricket
D) Athlete
Answer: C) Cricket
He is related to Australia.
Australia:
Capital :Canberra
Currency : Australian Dollar

OBITUARY

2. Ashok Sahil passed away . He is poet of which language?
A) Tamil
B) Marathi
C) Gujarati
D) Urdu
Answer: D) Urdu
He is related to Uttar Pradesh.
Uttar Pradesh:
Capital : Lucknow
CM : Yogi Adityanath
Governor : Anandiben Patel

RANKING

3. Which state government is topped in the list of MUDRA loan scheme beneficiaries?
A) West Bengal
B) Karnataka
C) Tamil Nadu
D) Maharashtra
Answer: C) Tamil Nadu
1st rank – Tamil Nadu
2nd Rank – West Bengal
3rd Rank – Karnataka
Tamil Nadu:
Capital : Chennai
CM : Edappadi K. Palaniswami
Governor : Banwarilal Purohit
West Bengal:
Capital : Kolkata
CM : Mamata Banerjee
Governor : Jagdeep Dhankhar
Karnataka:
Capital : Bengaluru
CM : B. S. Yeddyurappa
Governor : Vajubhai Vala

BANKING AND FINANCE

4. The Reserve Bank of India announces OMOs worth How much amount to maintain liquidity?
A) Rs 10,000 crore
B) Rs 20,000 crore
C) Rs 30,000 crore
D) Rs 40,000 crore
Answer: B) Rs 20,000 crore

  • The Reserve Bank of India announced that it will conduct purchase and sale of government securities worth Rs 20,000 crore as part of Open Market Operation (OMO).
  • The OMO will be conducted in two tranches on August 27 and September 3.
  • The two tranches will be worth Rs 10,000 crore each on multi-security auction using multiple price method.

Reserve Bank of India:
Headquarters– Mumbai, Maharashtra
Governor– Shaktikanta Das
Deputy Governors– 4 (Bibhu Prasad Kanungo, Mahesh Kumar Jain, Michael Debabrata Patra, one is yet to be appointed)

5. Which organization approves $125million loan to help Philippine’ COVID-19 health response?
A) World Bank
B) NDB
C) ADB
D) IMF
Answer: C) ADB

Organization Amount Country and purpose
ADB $125 M To help Philippine’ COVID-19 health response
The Green Climate Fund $25.6 M To Sudan, designed to promote agriculture, health, and food and water security
World Bank $8.8 M To support Jordanian municipalities to deal with COVID-19 impact

Asian Development Bank:
HQ: Manila, Philippines
Head : Masatsugu Asakawa
Philippines:
Capital: Manila
Currency :Philippine Peso

6. Which Bank introduces use of satellite data to power credit assessment of farmers?
A) HDFC Bank
B) ICICI Bank
C) Lakshmi Vilas Bank
D) Kotak Mahindra Bank
Answer: B) ICICI Bank
The Bank is the first in India and among few globally to use satellite data to measure an array of parameters related to the land, irrigation and crop patterns and use it in combination with demographic and financial parameters to make expeditious lending decisions for farmers.
ICICI Bank:
HQ: Mumbai, Maharashtra
MD & CEO : SandeepBakshi
Tagline : Hum Hai Na, KhayalApka

7. Which Insurance Company Launches a unique gift of Personal Accident policy named ‘Shagun – Gift an insurance’ policy?
A) Bajaj Allianz Life Insurance
B) Aegon Life Insurance
C) SBI General Insurance
D) Bharti AXA Life Insurance
Answer: C) SBI General Insurance

  • The premium of the product has also been designed at Rs. 501, 1001, 2001
    A Gift giver can gift this “Shagun” to family, friends, extended family and even domestic helpers, chauffeurs, drivers, cook, etc.,
  • Gift Receiver can be in the age group of 18 years to 65 years.
  • Policy Can be availed for up to 1 Year.
  • Accidental Death (AD) – The Sum Insured is paid out to the nominee in case of accidental death of the Insured Person.
  • Permanent Total Disablement (PTD) – If accidental bodily injury causes permanent total disablement then a percentage of Sum Insured is paid to the Insured Person.

SBI General Insurance Co. Ltd:
Hq : Mumbai , Maharashtra
CEO : Prakash Chandra Kandpal

BOOKS AND AUTHORS

8. A book named “Who painted my lust red?” is authored by whom?
A) Mahindra Kumar De
B) Sudha Murty
C) Sree Iyer
D) Chetan Bhagat
Answer: C) Sree Iyer

APPOINTMENTS

9. Vinay Tonse is appointed as MD & CEO of SBI Mutual Fund replaces whom?
A) Gopal Bhatia
B) Subhash Bhatia
C) Ashwani Bhatia
D) Sudhan Bhatia
Answer: C) Ashwani Bhatia

AWARDS

10. Which company has won the prestigious Global Water Award?
A) BHEL
B) BEL
C) NLCIL
D) Wabag
Answer: D) Wabag
45 million litres a day.

SCIENCE AND TECHNOLOGY

11. Which Satellite has detected an extreme ultraviolet light from a galaxy, which is 9.3 billion light-years away from Earth?
A) AstroSat
B) SolarSat
C) SARAL
D) CartoSat -2
Answer: A) AstroSat
Indias first multi-wavelength satellite, which has five unique X-ray and ultraviolet telescopes working in tandem, AstroSat, has detected extreme-UV light from a galaxy, called AUDFs01, 9.3 billion light-yearsaway from Earth.

12. Which space organization and Veer Surendra Sai University of Technology, Odisha signed an MoU for setting up an innovation-cum-incubation to promote knowledge about space research among students?
A) NASA
B) SpaceX
C) ISRO
D) JAXA
Answer: C) ISRO
ISRO:
HQ: Bangaluru, Karnataka
Chairman : Kailasavadivoo Sivan

INTERNATIONAL AFFAIRS

13. ReNew Power and which Organization have signed a partnership agreement to promote increased access to renewable energy and improved energy efficiency?
A) UNICEF
B) UNDP
C) UNEP
D) WHO
Answer: C) UNEP

14. A multi-lateral exercise held in Southern Russia. What is the name of that exercise?
A) Kavkaz-2020
B) RusRus-2020
C) Kavkav-2020
D) Kazkaz-2020
Answer: A) Kavkaz-2020
India is sending a tri-services contingent of around 200 personnel to Southern Russia in September for participating in a multi-lateral exercise Kavkaz-2020. Along with several other countries, troops of China and Pakistan are also likely to participate in the event.
China:
Capital :Beijing
Currency : Renminbi
Pakistan:
Capital : Islamabad
Currency : Rupee

NATIONAL AFFAIRS

15. Which state government recently launched a NRI unified portal to interconnect NRIs and their families in the state?
A) Madhya Pradesh
B) Uttar Pradesh
C) Andhra Pradesh
D) Himachal Pradesh
Answer: B) Uttar Pradesh
Uttar Pradesh:
Capital : Lucknow
CM : Yogi Adityanath
Governor : Anandiben Patel

16. National traditional paddy cultivation festival held in which place?
A) Erode, Tamil Nadu
B) Nagapattinam, Tamil Nadu
C) Coimbatore, Tamil Nadu
D) Thanjavur, Tamil Nadu
Answer: B) Nagapattinam, Tamil Nadu
Tamil Nadu:
Capital: Chennai
CM : Edappadi K. Palaniswami
Governor : Banwarilal Purohit

17. Which Railway Station introduced a Baggage Sanitization and Wrapping machine to ensure safe travel amid the pandemic?
A) Surat Railway Station, Gujarat
B) Ahmedabad Railway Station, Gujarat
C) Vaisad Railway Station, Gujarat
D) Vadodara Railway Station, Gujarat
Answer: B) Ahmedabad Railway Station, Gujarat
Gujarat:
Capital : Gandhinagar
CM : Vijay Rupani
Governor : Acharya Dev Vrat

18. Uttar Pradesh has announced a life insurance scheme under which an incentive amount of how much amount will be provided to the doctors discharging Covid-19 duties?
A) Rs 35,000
B) Rs 75,000
C) Rs 25,000
D) Rs 65,000
Answer: B) Rs 75,000
Uttar Pradesh:
Capital : Lucknow
CM : Yogi Adityanath
Governor : Anandiben Patel

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