Daily Current Affairs August 25

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 August 25. 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 2022

Sports – Daily Current Affairs August 25

1. First Khelo India Women’s Judo Tournament national round will be held in which of the following state/UT?
A) Andhra Pradesh
B) Kerala
C) New Delhi
D) Chandigarh
E) Uttar Pradesh
Answer: C) New Delhi

• The first Khelo India Women’s Judo Tournament will start from 27th August.
• The tournament will be held across four zones in the country.
• The national round will be held from 20th to 23rd October of this year at the KD Jadhav Indoor Stadium in New Delhi.
• The Department of Sports of Ministry of Youth Affairs and Sports has allocated 1.74 crore rupees for the conduct of the tournament, which includes prize money of 48.86 lakh rupees.
• The competitors from four age groups will compete during the tournament.

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Banking and Finance – Daily Current Affairs August 25

2. How many branches will be openedBandhan Bank in FY’23?
A) 445
B) 554
C) 552
D) 446
E) 551
Answer: E) 551

• Bandhan Bank will open 551 more branches in the 2022-23 fiscal, as a part of the lender’s focus to make its distribution stronger in other parts of India outside the eastern region, MD & CEO Chandra Sekhar Ghosh.
• With the latest addition, the Kolkata-headquartered bank’s branch count will exceed 6,000.

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Business and Economy – Daily Current Affairs August 25

3. States’ revenue growth will slide to how many percent despite robust GST collections?
A) 8-10%
B) 7-9%
C) 6-8%
D) 11-12%
E) 4-8%
Answer: B) 7-9%

• States’ revenue growth will slide to 7-9 per cent in FY23 even as handsome GST collections will help in the accretion.
• The revenue growth had galloped 25 per cent in FY22 courtesy a lower base in the pandemic-affected FY21, the report by rating agency Crisil, which analysed 17 states accounting for 90 per cent of the aggregate GSDP.
• In FY23, healthy tax buoyancy will be supporting the revenue growth, with Goods and Services Tax (GST) collections and devolutions from the Centre — which together comprise up to 45 per cent of the states’ revenue — expected to show robust double-digit growth.
• The agency’s senior director Anuj Sethi said the biggest impetus to the revenue growth will come from aggregate state GST collections, which had already rebounded by 29 per cent in FY22.

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4. Govt planning PLI scheme for toys, lab-made gems, bicycles,what does P stands for in PLI?
A) Product
B) Produce
C) Promotion
D) Production
E) Producing
Answer: D) Production

• India is eyeing a mega plan to incentivise the manufacturing of bicycles, lab-grown gems and toys in the country and has begun discussions on stitching together production-linked incentive (PLI) schemes for these sectors.
• With the successful rollout of PLI schemes for 14 sectors to create national manufacturing champions, discussions are on to have similar incentives for some more job-creating sectors.
• The extant PLI schemes have an outlay of ₹1.97 lakh crore and aim to create 6 million jobs in the next five years.

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Acquisitions and Mergers – Daily Current Affairs August 25

5. How many percent stake acquired by Bharti Telecom from Singtel?
A) 2.75%
B) 3.33%
C) 2.92%
D) 4.84%
E) 5.62%
Answer: B) 3.33%

• Bharti Airtel promoter Bharti Telecom will buy a 3.33 percent Airtel stake from Singtel for 2.25 billion Singapore dollars or about Rs 12,895 crore in 90 days.
• Bharti Group chairman Sunil Bharti Mittal’s family and Singtel are co-investors in Bharti Telecom (BTL).
• After the transaction, Singtel Group is expected to own an effective stake of 29.7 percent in Bharti Airtel, which is estimated to be worth SGD 22 billion (about Rs 1.26 lakh crore).

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6. How many percent stake acquired by TVS in Narain Karthikeyan’s two-wheeler startupDriveX?
A) 27%
B) 33%
C) 29%
D) 48%
E) 56%
Answer: D) 48%

• TVS Motor Company will acquire 48 per cent stake in Narain Karthikeyan’s pre-owned two-wheeler startup ‘DriveX’ for a consideration of Rs 85 crore.
• The company said it will acquire 48.27 per cent stake in NKars Mobility Millennial Solutions Pvt Ltd (NMMSPL), which operates under the brand ‘DriveX’, through primary and secondary investments.
• Founded by Formula 1 driver Karthikeyan, DriveX is into leasing of two-wheeler motorcycles and scooters and selling, trading, and distributing pre-owned two-wheeler motorcycles and scooters.

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Appointments – Daily Current Affairs August 25

7. Who among the following appointed asmanaging director of IDFC Limited?
A) Mahendra Shah
B) Sunil Shah
C) Wagner Jesus
D) Sunil Kakar
E) Manish Raj Singhania
Answer: A) Mahendra Shah

• Company: IDFC Limited
• Position: MD
• Appointed: Mahendra Shah
• Succeeded: Sunil Kakar
• Tenure Period: 1 year

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8. Who among the following appointed ascountry head for Brazil Wipro Limited?
A) Mahendra Shah
B) Sunil Shah
C) Wagner Jesus
D) Sunil Kakar
E) Manish Raj Singhania
Answer: C) Wagner Jesus

• Company: Wipro Limited
• Position: Country head and managing director for operations in Brazil.
• Appointed: Wagner Jesus

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9. Who among the following appointed as FADA President?
A) Mahendra Shah
B) Sunil Shah
C) Wagner Jesus
D) Sunil Kakar
E) Manish Raj Singhania
Answer: E) Manish Raj Singhania

• Organization: Federation of Automobile Dealers Associations (FADA)
• Position: President
• Appointed: Manish Raj Singhania
• Tenure Period: 2 years
• Others: Singhania is the Managing Partner of Raipur-based Ralas Motors and has a dealership of Mahindra & Mahindra Ltd.
• He been the President of Raipur Automobile Dealers Associations (RADA) for the last nine years.
• Forover 12 years, Singhania has been a key member of the Federation of Automobile Dealers Associations (FADA) Governing Council, holding different positions and roles, particularly in accelerating the expansion of the association’s network.

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Science and Technology – Daily Current Affairs August 25

10. Who among the following launched Azadi Quest App?
A) Amit Shah
B) Nitin Gadkari
C) Anurag Thakur
D) Narendra Modi
E) Arjun Munda
Answer: C) Anurag Thakur

• Information and Broadcasting Minister Anurag Thakur launched the Azadi Quest, a series of online mobile games on the heroes and milestones of Indian freedom in New Delhi.
• Azadi Quest is a set of online games designed for players of all ages for interactive learning with fun gameplay.
• The Initiative is inspired by Prime Minister Narendra Modi’s call to ‘Engage, Entertain and Educate’ the people through toys and games.
• On the occasion, Publications Division and Zynga India have signed an MoU to mark year-long partnership to commemorate ‘Azadi Ka Amrit Mahotsav’ through series of mobile games.

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Defence- Daily Current Affairs August 25

11. India’s _____indigenous aircraft carrier INS Vikrant will be commissioned on September 3?
A) 3rd
B) 5th
C) 2nd
D) 4th
E) 1st
Answer: E) 1st

• The commissioning of the indigenously-built aircraft carrier INS Vikrant will contribute in ensuring peace and stability in the Indo-Pacific region, Vice Chief of Indian Navy Vice Admiral SN Ghormade.
• INS Vikrant will be commissioned into the Navy at an event in Kochi on September which will be attended by Prime Minister Narendra Modi.

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National Affairs – Daily Current Affairs August 25

12. Govt approved how many specialized cancer institutes across country in 8 years?
A) 40
B) 20
C) 50
D) 10
E) 30
Answer: A) 40

• Prime Minister Narendra Modi said that the Centre has approved about 40 specialized cancer institutes across the country, out of which many hospitals have already started providing services, while also adding that over 200 new medical colleges have been built in the past eight years.

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13. L&T Financial Services Extended ‘Digital Sakhi’ Project to which of the following state?
A) Andhra Pradesh
B) Kerala
C) New Delhi
D) Chandigarh
E) Uttar Pradesh
Answer: B) Kerala

• Aims to promote Digital Financial Literacy and women micro-entrepreneurship Thiruvanthapuram, Kerala, India.
• Aims to reach out to around 3 lakh people through digital financial inclusion in Kerala.
• Successfully implemented Digital Sakhi projects in Maharashtra, Madhya Pradesh, Tamil Nadu, Odisha and West Bengal.
• Recently inaugurated its project in Karnataka which witnessed participation from various stakeholders – the community, society and the employees of the company.
• Customized training modules for each state basis baseline and needs assessment study.
• In FY 2022, the programme benefitted over 8.60 Lakh community members in multiple villages across five states L&T Financial Services (LTFS), one of the leading non-banking financial companies, today announced the inauguration of its flagship CSR project – Digital Sakhi – in Kerala.

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14. Which edition of India Agritech Expo 2022 Edition will be hosted by Media Today Group?
A) 15th
B) 12th
C) 14th
D) 11th
E) 13th
Answer: E) 13th

• Recognizing new opportunities and emerging technologies to implement into the agricultural business in gaining a competitive advantage with an aim to make India, a Food Basket, the 13th India Foodex 2022 is going to be organized from August 26-27-28, 2022 at BIEC, Bangalore, India.
• This annual trade event, organized by Media Today Group, will also witness concurrent shows addressing the needs of the different related sectors, 12th GrainTech India 2022 and 11th DairyTech India 2022.
• The 12th edition of India’s largest food and agribusiness exposition series, India Foodex, offered the visitors an impressive show of food products, food retailing, processing, packaging, storage, and warehousing technologies and provide networking forum to the exhibitors with an overwhelming response.

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15. By which year India set to have 180k km highways, 120k km rail lines?
A) 2023
B) 2025
C) 2027
D) 2024
E) 2026
Answer: B) 2025

• The country is on course to build more national highways and rail lines during the decade ending 2025 than it has cumulatively done between 1950 and 2015.
• The total length of national highways is expected to reach 1.8 lakh kilometres, while that of the railway lines 1.2 lakh kilometres by 2025, Bank of America Securities India.
• Between 1950 and 2015, the nation built only 4,000 kilometres of national highways, taking the total length to 77,000 kilometres in 2015.
• However the highway length is on course to cross 1.8 lakh kilometres by 2025 — more than double the existing length — in ten years.
• When it comes to the rail network, the nation had only 10,000 kilometres of rail lines in 1950, which rose to 63,000 kilometres in 2015.
• But it is slated to touch 1.2 lakh kilometres in 2025.

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16. How many billion US dollar spend by Top refiner Indian Oil Corp for 2046 net-zero goal?
A) $ 10 billion
B) $ 15 billion
C) $ 20 billion
D) $ 25 billion
E) $ 30 billion
Answer: D) $ 25 billion

• Indian Oil Corp, the country’s top refiner, plans to invest more than $25 billion to achieve net-zero emissions from its operations by 2046, its chairman S. M. Vaidya said at an annual shareholders meeting.
• India, one of the world’s biggest greenhouse gas emitters, is aiming to reach net-zero emissions for the country by 2070.

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17. Over how many percent unorganised workers registered in year since e-Shram portal launched?
A) 50%
B) 70%
C) 30%
D) 60%
E) 40%
Answer: B) 70%

• A little over 74 per cent of unorganised workers have registered on the e-Shram portal in the one year since its launch.
• As many as 281.5 million workers were issued e-Shram cards as of August 24.
• While there are different estimates of unorganised workers in the country, the labour ministry pegs the number at 380 million.
• The portal was launched on August 26 2021 to create a national database for unorganised workers, including those working in construction, agriculture and other types of industries and services, with the main objective of providing them social security and other benefits.
• The workers include migrant, gig and platform workers, street vendors, and domestic helps, too.
• The database will also work as an input for evidence-based policies for the workforce.

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18. PM Modi addressed National Conference of Labour Ministers of all States and Union Territories in which of the following state?
A) Andhra Pradesh
B) Kerala
C) New Delhi
D) Chandigarh
E) Uttar Pradesh
Answer: A) Andhra Pradesh

• Prime Minister Narendra Modi will address the National Conference of Labour Ministers of all States and Union Territories via video conferencing.
• The two-day conference is being organised by the Union Labour and Employment Ministry at Tirupati in Andhra Pradesh.
• AIR correspondent reports that the Conference will have four thematic sessions.
• These include integrating e-Shram portal for onboarding social security schemes to universalize social protection and Swasthya se Samriddhi for improving medical care through ESI hospitals.
• Framing of rules under four Labour Codes as well as Vision Shramev Jayate @ 2047 are the other two themes.

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19. Government will launch E-Passport in next how many months?
A) 7 months
B) 6 months
C) 5 months
D) 4 months
E) 3 months
Answer: B) 6 months

• Electronic-Passports will be rolled out by the end of this year or early next year.
  Secretary External Affairs, Dr. Ausaf Sayeed informed the media in Hyderabad.
• He said an e-chip and a few more features will be added to the passport book which will provide security upgradation of the Indian passport and enable machine reading.
• A team of officials led by the secretary is visiting Hyderabad as part of Videsh Sampark Outreach program and held a series of meetings with Telangana government.

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