Daily Current Affairs August 17

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 17. 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 17| Daily Current Affairs 2022

Banking and Finance – Daily Current Affairs August 17

1. In which city SBI launched its first dedicated branch for start-ups?
A) Bengaluru
B) Mumbai
C) Kolkata
D) Pune
E) Chennai
Answer: A) Bengaluru

• State Bank of India (SBI) announced the launch of its first ”state-of-the-art” dedicated branch for start-ups in the country here, to facilitate and support them.
• The branch launched by SBI Chairman Dinesh Khara is located in Koramangala, Bengaluru which alongside neighbouring HSR Layout and Indiranagar are the biggest start-up hubs in the city.
• SBI has already funded 104 start-ups through the debt route.

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Business and Economy – Daily Current Affairs August 17

2. Who among the following partnered with Samsung stores to deploy smart PoS devices?
A) Amazon Pay
B) NPCI
C) Gpay
D) Phonepe
E) Paytm
Answer: E) Paytm

• Digital financial services firm Paytm partnered with Samsung stores across India to facilitate smart payments as well as its loan service Paytm Postpaid through deployment of pointofsale devices.
• The partnership will enable consumers purchasing Samsung devices — laptops, smartphones, television, smart watches etc — from any authorised store in the country to pay through Paytm payment instruments, including UPI, wallet, buy now pay later scheme, debit cards and credit cards.
• Paytm through its postpaid or buy-now-pay-later service will provide credit limit of up to Rs 60,000 per month.
• It will also give customers an option to avail personal loan of up to Rs 2 lakh through financial institution partners of Paytm.
• Paytm claims to be the leader in offline payments, having deployed 4.1 million devices across the country as of July 2022.

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Appointments – Daily Current Affairs August 17

3. For how many years Centre appointedRajkiran Rai as NaBFID managing director?
A) 1 year
B) 3 years
C) 5 years
D) 2 years
E) 4 years
Answer: C) 5 years

• Organization: National Bank for Financing Infrastructure and Development (NaBFID)
• Position: Managing Director (MD)
• Appointed: Rajkiran Rai G
• Tenure Period: 5 years

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Environment and Energy- Daily Current Affairs August 17

4. More than how many crores sanctioned to clean Ganga, its tributaries?
A) Rs 40,000 crore
B) Rs 30,000 crore
C) Rs 10,000 crore
D) Rs 20,000 crore
E) Rs 50,000 crore
Answer: B) Rs 30,000 crore

• More than Rs 30,000 crore has been sanctioned for projects aimed at cleaning Ganga and its tributaries, Jal Shakti Minister Gajendra Singh Shekhawat.
• ‘NamamiGange’ programme transforming into a ‘Jan Andolan’ (mass movement) with the support of various organisations, and said that in more than 100 districts along Ganga, proper discussions take place on issues related to the river and remedial actions are taken.
• The minister made the comments as he presided over an event – ‘Yamuna Par Azadi ka Amrit Mahotsav’.
• The occasion marked the launch of new initiatives under Arth Ganga, including Jalaj, an MoU with Sahakar Bharati for natural farming and tourism-related portal ImAvatar.
• The winners of Ganga Quest 2022 were also felicitated at the event.

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5. How many Mega-WattKawas solar projectcommissioned byNTPC in Gujarat?
A) 50 MW
B) 75 MW
C) 40 MW
D) 56 MW
E) 60 MW
Answer: D) 56 MW

• NTPC said its 56 MW Kawas solar project in Gujarat is fully operational now following commissioning of its last part of 21 MW.
• The 21 MW capacity started commercial operation.
• With this, NTPC’s standalone installed and commercial capacity has become 55,089 MW, while the group’s installed and commercial capacity is now 69,454 MW.

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International Affairs – Daily Current Affairs August 17

6. Which of the following country’s president discussed geopolitical challenges, cooperation in civil nuclear energy with PM Modi?
A) France
B) Canada
C) Mexico
D) Brazil
E) USA
Answer: A) France

• Prime Minister Narendra Modi and French President Emmanuel Macron reviewed ongoing bilateral initiatives, including defence collaboration projects and cooperation in civil nuclear energy.
• During their telephonic conversation, they also discussed important geopolitical challenges, including those related to global food security.

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7. How many USD contributed by India to UN trust funds, underlines unwavering support for human rights?
A) $ 300,000
B) $ 200,000
C) $ 500,000
D) $ 100,000
E) $ 400,000
Answer: E) $ 400,000

• Reflecting its commitment to global promotion and protection of human rights and support for UN Human Rights, India has contributed USD 400,000to four voluntary trust funds.
• The funds are for Victimes of Torture, Technical Cooperation, Implementation of Universal Periodic Review (UPR) and for supporting participation of least developed countries (LDCs)/ Small Island Developing States (SIDs).

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8. Which edition of India-Thailand Joint Commission Meeting held in Bangkok?
A) 7th
B) 5th
C) 9th
D) 6th
E) 8th
Answer: C) 9th

• The 9th India-Thailand Joint Commission Meeting will be held in Bangkok.
• The meeting will be co-chaired by Deputy Prime Minister and Minister of Foreign Affairs of Thailand Don Pramudwinai, and Minister of External Affairs of India, Dr S Jaishankar.
• Both the countries are celebrating 75 years of establishment of diplomatic relations.
• Dr. Jaishankar began his Thailand visit by meeting the Indian community.
• He also thanked India-Thai Chamber of Commerce (ITCC) for organising the event.

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National Affairs – Daily Current Affairs August 17

9. How many percent interest subvention approved by Cabinet on short-term farm loans of up to Rs 3 lakh?
A) 1%
B) 1.5%
C) 2%
D) 2.5%
E) 3%
Answer: B) 1.5%

• Cabinet approves interest subvention of 1.5 pc on short-term farm loans of up to Rs 3 lakh.
• Increases Emergency Credit Line Guarantee Scheme outlay by Rs 50,000 cr to Rs 5 lakh cr.

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10. How many crores will be invested by Daikin India to set up R&D centre in Rajasthan?
A) Rs 300 crores
B) Rs 600 crores
C) Rs 200 crores
D) Rs 500 crores
E) Rs 400 crores
Answer: D) Rs 500 crores

• Air conditioning systems manufacturer Daikin India will invest Rs 500 crore in the next three years in setting up its third R&D centre in the country at Neemrama in Rajasthan.
• The centre will be spread over 24,000 square metres and employ more than 250 engineers dedicated to the research and development of India-specific products.
• Besides, the facility will also house 22 new testing facilities and labs, which will help increase the company’s manufacturing competitiveness for products in the export markets.

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11. How many percent wheat production declined in 2021-22 crop year?
A) 3%
B) 1%
C) 4%
D) 2%
E) 5%
Answer: A) 3%

• India’s wheat production is projected to have declined nearly 3 percent to 106.84 million tonnes while the overall foodgrain production is estimated to have touched a record 315.72 million tonnes in the 2021-22 crop year.
• The wheat production is estimated to have declined due to the heatwave that resulted in shriveled grains in the northern states of Punjab and Haryana.
• Releasing the fourth advance estimate for the 2021-22 crop year, the Union agriculture ministry said a record output is also estimated for rice, maize, gram, pulses, rapeseed and mustard, oilseeds, and sugarcane.
• The crop year 2021-22 was from July 2021 to June 2022.
• The country’s overall foodgrain production is estimated to be a record 315.72 million tonnes in the crop year that ended in June 2022, according to the ministry.
• In the 2020-21 crop year, the country’s foodgrain output, comprising wheat, rice, pulses, and coarse cereals, stood at a record 310.74 million tonnes.
• As per the data, wheat production is pegged lower at 106.84 million tonnesin the 2021-22 crop year as against 109.59 million tonnes in the previous year.
• However, rice production is projected at a record 130.29 million tonnes in the crop year under review as against 124.37 million tonnes in the year-ago period.
• The ministry said the output of coarse cereals is likely to decline to 50.90 million tonnes from 51.32 million tonnes.
• Pulses output is estimated to be at a record 27.69 million tonnes compared to 25.46 million tonnesin the 2020-21 crop year.
• In the non-foodgrain category, the production of oilseeds is projected to be a record 37.69 million tonnes in the 2021-22 crop year as against 35.94 million tonnes in the previous year.
• Rapeseed/mustard seed production is pegged at a record 17.74 million tonnes for the 2021-22 crop year.
• According to the data, sugarcane production is estimated at a record 431.8 million tonnes compared to 405.39 million tonnes in the previous year while cotton output is expected to drop to 31.2 million bales (170 kg each) from 35.24 million bales.
• Production of jute/mesta is estimated to be 10.31 million bales (180 kg each) in the 2021-22 crop year as against 9.35 million bales in the previous year.
• In a crop year, the government releases four estimates before the final one at different stages of crop growth and harvesting period.

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12. Who among the following signed MoU with IRCTC to ensure safety and security of booking data, other facilities?
A) Indian Army
B) Indian Navy
C) BSF
D) Indian Air Force
E) CRPF
Answer: C) BSF

• The Border Security Force (BSF) signed a Memorandum of Understanding (MoU) with the Indian Railway Catering and Tourism Corporation (IRCTC) to ensure the safety and security of booking data under its air e-ticket service for the troops of India’s border guarding force.
• Besides, the pact will ensure facility of extra baggage, lounge, cargo and less cancellation or reschedule charges for authorised BSF personnel.
• This service will provide a dedicated online portal with a credit facility of 60 days.

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13. Aadhaar number mandatory to get govt benefits-subsides, first Aadhaar number was issued in which year?
A) 2011
B) 2008
C) 2012
D) 2009
E) 2010
Answer: E) 2010

• According to a recent circular issued by the Unique Identification Authority of India (UIDAI), if you don’t have an Aadhaar number or enrolment slip, you may not be entitled to avail government subsidies and benefits.
• The UIDAI issued a circular to all central ministries and state governments August 2022 first week.

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14. How many crores will be invested by IG Fresh Produce in Arunachal Pradesh for Kiwi cultivation?
A) Rs 300 crores
B) Rs 100 crores
C) Rs 200 crores
D) Rs 500 crores
E) Rs 400 crores
Answer: B) Rs 100 crores

• Chandigarh-based IG Fresh Produce, a subsidiary of fresh fruit importer IG International, will invest Rs 100 crore in the next five years in Arunachal Pradesh for cultivation of kiwi and stone fruits.
• The company has entered into an agreement with the Arunachal Pradesh Agricultural Marketing Board (APAMB) and the farmers of Namshu village in West Kameng district for this endeavour, which will be done in over 40 hectares of land, IG Fresh Produce.

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15. NHA will recognise best performing states, UTs, districts under Ayushman Bharat Digital Mission, where is the headquarters of NHA?
A) Kolkata
B) Mumbai
C) Hyderabad
D) New Delhi
E) Pune
Answer: D) New Delhi

• To further promote the digital health ecosystem, the National Health Authority will recognise the best performing states, union territories, districts, health facilities and integrators under its flagship scheme Ayushman Bharat Digital Mission.
• The NHA under the scheme is building a comprehensive digital health ecosystem for the country.
• Since its nationwide launch in September 2021, Ayushman Bharat Digital Mission (ABDM) has achieved significant growth with over 23 crore ABHA numbers (earlier known as Health ID), 1.14 Lakh health facilities registered in the Health Facility Registry (HFR).
• Besides, 33 thousand healthcare professionals have been registered under the Healthcare Professionals Registry (HPR), 6.6 lakh ABHA apps have been downloaded and 3.4 Lakh health records have been linked to ABHA of individuals.

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16. Over How many crores worth National flags procured via GeM portal during July 1-Aug 15?
A) Rs 60 crores
B) Rs 10 crores
C) Rs 20 crores
D) Rs 50 crores
E) Rs 40 crores
Answer: A) Rs 60 crores

• More than 2.36 crore national flags worth over Rs 60 crore were procured by different government departments and states from public buying portal GeM from July 1 to August 15.
• These procurements were carried out for the ‘Har GharTiranga’ campaign.
• The Government e-Marketplace (GeM) was launched on August 9, 2016 by the commerce ministry to create an open and transparent procurement platform for government buyers.
• The platform is open for procurement by all government buyers — central and state ministries, departments, public sector enterprises, autonomous institutions and local bodies.

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17. Who among the following launched ‘Make India No. 1’ mission to focus on education, health?
A) Pinarayi Vijayan
B) Nithish Kumar
C) Arvind Kejriwal
D) Jagan Mohan Reddy
E) Mamata Banerjee
Answer: C) Arvind Kejriwal

• Delhi Chief Minister and AAP convenor Arvind Kejriwal launched a national mission to make India the number one country in the world and called on all citizens and political parties to join it.
• Providing free education and healthcare to citizens, employment to youths, equal rights and dignity to women and fair price to farmers for their produce are needed to achieve the goal.
• Kejriwal said he will travel across the country as part of the mission ‘Make India No. 1’ to encourage people to join the initiative and achieve its objectives.
• He said the mission is apolitical in nature.

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18. Which of the following state decided to provide Rs 27,000 per hectare for horticulture, Rs 36,000 per hectare for perennial crops?
A) Assam
B) Kerala
C) Bihar
D) Punjab
E) Maharashtra
Answer: E) Maharashtra

• CM Shinde informed that the state government decided to provide Rs 27,000 per hectare for horticulture and Rs 36,000 per hectare for perennial crops.
• He pointed out that it is fortunate that there is no drought in any taluka in the state.
• Mr. Shinde asserted that his government would review the hasty decision taken by the erstwhile MVA government and uphold the decision in the interest of the people.

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19. By which year Ingka group will open first centre in Gurgaon?
A) 2024
B) 2025
C) 2026
D) 2027
E) 2028
Answer: B) 2025

• Ingka Centres, a sister organisation of home furnishing retailer IKEA, plans to invest over Rs 7,300 crore in two of its retail and office spaces in Gurgaon and Noida.
• The Sweden-based company formally started the construction of retail and office space in Gurgaon.
• The new IKEA anchored ‘meeting place’, as Ingka Centres like to call it, would be spread over an area of 1.7 million sq ft area and would be built with an investment of Rs 3,500 crore.
• Ingka Centres, part of the Ingka Group (which also includes IKEA Retail and Ingka Investments), the first ‘meeting place’ in India, is expected to open by late 2025.
• The centre will have a mix of food and beverage and edutainment learning spaces, alongside a wide retail offer anchored by IKEA and with a combination of global and local brands.
• The centre will also have an office space spread across 320,000 sq ft sitting atop the retail space.

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