Daily Current Affairs August 05

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 05. 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 05 | Daily Current Affairs 2025

Sports – Daily Current Affairs August 05

1. Who is the only woman from Tamil Nadu to have completed the Tenzing Hillary Everest Marathon twice?
A) Kavitha Rani
B) Nausheen Banu Chand
C) Priya Krishnan
D) Sneha Reddy
E) Farzana Noor
Answer: B) Nausheen Banu Chand

Event and Location:

• Event: Nausheen Banu Chand becomes the only woman from Tamil Nadu to complete the Everest Marathon twice
• Location: Tenzing Hillary Everest Marathon route (Nepal)
• Date: May 29, 2024 and May 29, 2025 (second successful completion)

Mandates and Objectives:

• Mandates:
  • Nausheen Banu Chand completed the Tenzing Hillary Everest Marathon twice — a 42.195 km high-altitude trail run from Everest Base Camp to Namche Bazar, covering steep Himalayan terrain.
• Objectives:
  • Her goal was to establish herself in the ultradistance and trail running domain, promote Indian women’s participation in extreme endurance sports, and inspire performance through persistence.

Important Terms Explained:

• Tenzing Hillary Everest Marathon: An annual international high-altitude marathon held in Nepal, starting from the Everest Base Camp at 5,364 m and ending at Namche Bazar, recognized as the world’s highest marathon.
• Ultradistance Sporting: Any sporting event beyond the traditional marathon length (42.195 km), involving intense physical endurance and typically conducted in extreme environments.
• Trail Running: A form of running over natural terrains such as mountains, forests, and valleys, requiring physical agility, stamina, and navigation skills.

Tabular Summary:

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Ranking – Daily Current Affairs August 05

2. According to IATA’s 2024 data, which country became the world’s 5th largest aviation market by passenger volume?
A) Japan
B) Spain
C) UK
D) India
E) Germany
Answer: D) India

Event and Location:

• Event: India ranks 5th globally in aviation market size for 2024
• Location: Global (with India-specific focus)
• Date: August 2025 (based on 2024 WATS data)

Mandates and Objectives:

• Mandates: As per IATA’s World Air Transport Statistics (WATS) 2024, India handled 211 million air passengers, making it the 5th largest aviation market globally by total passengers handled.
• Objectives: To provide comprehensive global air transport insights and rankings based on passenger traffic data, highlighting India’s rising prominence in the global aviation landscape.

Important Terms Explained:

• IATA (International Air Transport Association): A trade association of the world’s airlines that represents over 300 airlines and releases authoritative statistics on global air transport annually.
• World Air Transport Statistics (WATS): An annual statistical report published by IATA, detailing global and country-wise passenger volumes, cargo statistics, and airport performance metrics.
• Airport Pair: A term used to describe two airports with high passenger traffic flow between them. For example, Mumbai–Delhi ranked 7th globally in 2024 for busiest air routes.

Tabular Summary:

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Banking and Finance – Daily Current Affairs August 05

3. According to SBI Research, what is the projected economic impact of Trump’s 25% tariff on the US?
A) Boost in US GDP by 1%
B) Reduction in Indian inflation
C) 2.4% rise in US inflation short-term
D) 3.5% increase in US household income
E) $4 billion trade surplus with India
Answer: C) 2.4% rise in US inflation short-term

Event and Location:

• Event: SBI Research warns of greater economic impact on the US due to Trump’s 25% tariff
• Location: India (with global trade implications – primarily US)
• Date: August 4, 2025

Mandates and Objectives:

• Mandates: SBI Research released a report analyzing the macroeconomic impact of US-imposed 25% tariffs on Indian imports, warning that the United States will face more severe economic consequences than India.
• Objectives: To evaluate the comparative economic risks of the new tariff regime on both India and the US, including effects on GDP, inflation, currency value, and consumer cost.

Important Terms Explained:

• SBI Research: The economic and policy research wing of State Bank of India, which provides analytical reports on macroeconomic and financial developments.
• Trump Tariff: A proposed 25% import duty on Indian goods by former US President Donald Trump, aimed at balancing trade but potentially leading to inflation and GDP contraction in the US.
• CPI (Consumer Price Index): A measure of inflation that evaluates changes in the prices of a basket of goods and services. The tariffs are projected to push US CPI up by 2.4% short-term and 1.2% long-term.

Tabular Summary:

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Business and Economy – Daily Current Affairs August 05

4. What is the revised GDP growth forecast for India in FY26 according to Fitch Ratings?
A) 7.1%
B) 6.8%
C) 6.3%
D) 5.9%
E) 6.0%
Answer: C) 6.3%

Event and Location:

• Event: Fitch Ratings lowers India’s GDP growth forecast for FY26
• Location: New Delhi, India (Global Economic Outlook update)
• Date: August 1, 2025

Mandates and Objectives:

• Mandates: Fitch Ratings has revised India’s GDP growth projection for FY26 from 6.4% to 6.3%, citing infrastructure-driven demand and manageable corporate exposure to US tariffs.
• Objectives: To reflect updated macroeconomic expectations based on US-India trade tensions, domestic infrastructure spending, and sectoral performance in its India Corporates Credit Trends report.

Important Terms Explained:

• Fitch Ratings: One of the world’s “Big Three” credit rating agencies, it provides sovereign and corporate credit assessments. It regularly publishes global economic outlooks and sectoral reports.
• GDP (Gross Domestic Product): A measure of the economic output of a country. A revised GDP forecast indicates updated expectations of economic growth based on changing domestic or global conditions.
• EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation): A financial metric used to evaluate a company’s profitability and performance before certain accounting deductions.

Tabular Summary:

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5. How much is GreenLine Mobility investing to support Hindustan Zinc’s green logistics expansion?
A) ₹100 crore
B) ₹250 crore
C) ₹400 crore
D) ₹150 crore
E) ₹600 crore
Answer: C) ₹400 crore

Event and Location:

• Event: Hindustan Zinc expands green logistics in partnership with GreenLine Mobility
• Location: Nationwide (logistics between mines and smelters)
• Date: August 4, 2025

Mandates and Objectives:

• Mandates: Hindustan Zinc Limited signed an agreement with GreenLine Mobility Solutions for the deployment of 100 electric trucks, 100 LNG trucks, and battery swapping infrastructure to decarbonise its logistics chain.
• Objectives: To reduce Scope 3 carbon emissions, develop India’s first commercial-scale battery swapping system for concentrate logistics, and advance toward net-zero emissions by 2050 or earlier.

Important Terms Explained:

• Scope 3 Emissions: Indirect emissions occurring in a company’s value chain, including transportation, which are not directly produced by the company itself but are a result of its activities.
• Battery Swapping System: A technology where depleted EV batteries are exchanged for fully charged ones at designated stations, allowing for faster turnaround and uninterrupted logistics.
• LNG Trucks: Vehicles powered by liquefied natural gas, offering a lower-emission alternative to diesel for long-haul transport.

Tabular Summary:

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6. In July 2025, what was India’s Services PMI as reported by HSBC and S&P Global?
A) 59.8
B) 61.1
C) 60.4
D) 60.5
E) 58.7
Answer: D) 60.5

Event and Location:

• Event: India’s services sector hits 11-month high in July as Services PMI rises
• Location: India (nationwide economic data)
• Date: August 5, 2025 (based on July 2025 data)

Mandates and Objectives:

• Mandates: The HSBC India Services PMI, compiled by S&P Global, rose to 60.5 in July 2025, marking the highest growth in 11 months, primarily due to strong international demand and steady domestic sales.
• Objectives: To track and analyze the performance of India’s services sector, including new business trends, export activity, pricing pressures, and employment changes, which together influence broader economic and policy decisions.

Important Terms Explained:

• Services PMI (Purchasing Managers’ Index):
  • A monthly indicator based on surveys of private sector companies.
  • PMI above 50 indicates expansion, while below 50 signals contraction.
  • It reflects business activity, new orders, export demand, employment, and price pressures.
• HSBC India Composite PMI Output Index:
  • A combined measure of both manufacturing and services activity.
  • Rose to 61.1 in July from 61.0 in June, reflecting the strongest expansion since April 2024.
• S&P Global:
  • A leading financial services company that compiles PMI data in partnership with various banks like HSBC.
  • Their PMI insights are widely used for economic forecasting.

Tabular Summary:

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Appointments – Daily Current Affairs August 05

7. Who has been appointed as the new CEO and MD of IndusInd Bank for a three-year term beginning August 2025?
A) Anil Rao
B) Sumant Kathpalia
C) Rajiv Anand
D) Rahul Shukla
E) Anup Saha
Answer: C) Rajiv Anand

Event and Location:

• Event: Appointment of Rajiv Anand as CEO & MD of IndusInd Bank
• Location: Mumbai, India (IndusInd Bank HQ)
• Date: August 5, 2025 (Appointment effective from August 25, 2025)

Mandates and Objectives:

• Mandates: IndusInd Bank has appointed Rajiv Anand, former Deputy MD of Axis Bank, as its new Managing Director and Chief Executive Officer for a term of three years, approved by the RBI.
• Objectives: To bring in experienced leadership after the resignation of Sumant Kathpalia, restore governance credibility, and navigate the bank through a period of scrutiny following the derivatives accounting controversy.

Important Terms Explained:

• IndusInd Bank: A major Indian private sector bank, headquartered in Mumbai, offering retail, corporate, and international banking services.
• RBI Approval: All top-level appointments in Indian banks are subject to final approval by the Reserve Bank of India, ensuring regulatory oversight and fit-and-proper criteria.
• Derivatives Accounting Controversy: Refers to a reported ₹1,960 crore loss at IndusInd Bank caused by misaccounting internal derivative trades, resulting in inflated profits across several reporting periods.
• Rajiv Anand: A seasoned banker with 35+ years of experience, Anand was previously Deputy MD at Axis Bank and has held leadership roles across asset management, retail, and wholesale banking since 2009.

Tabular Summary:

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8. Which officer recently assumed charge as Additional General Manager of South Central Railway?
A) Arun Misra
B) Rajiv Anand
C) Satya Prakash
D) V. L. Kantha Rao
E) Anil Kumar Lahoti
Answer: C) Satya Prakash

Event and Location:

• Event: Satya Prakash assumes charge as Additional General Manager of South Central Railway
• Location: Secunderabad, Telangana
• Date: August 4, 2025

Mandates and Objectives:

• Mandates:
  • Satya Prakash has been appointed as the Additional General Manager (AGM) of South Central Railway (SCR), headquartered at Secunderabad.
  • He succeeds the previous AGM and takes over administrative and strategic responsibilities for the zone.
• Objectives:
  • To strengthen infrastructure and construction projects under South Central Railway.
  • To bring his vast experience in engineering and project execution to support ongoing electrification and modernization initiatives.

Important Terms Explained:

• IRSE (Indian Railway Service of Engineers):
  • A prestigious engineering cadre under Indian Railways that oversees construction, maintenance, and infrastructure development of railway assets.
• CORE (Central Organisation for Railway Electrification):
  • A specialized wing under Indian Railways responsible for the electrification of railway lines across India.
• IRICEN (Indian Railways Institute of Civil Engineering):
  • A premier training institute located in Pune that provides advanced training to Indian Railway civil engineers.
• RDSO (Research Designs and Standards Organisation):
  • A research and development wing of Indian Railways headquartered in Lucknow, responsible for design and standards formulation for railway systems.

Tabular Summary:

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Science and Technology – Daily Current Affairs August 05

9. Which organisation recently launched an AI-powered climate advisory service for smallholder farmers in India?
A) NABARD
B) ISRO
C) ICRISAT
D) FSSAI
E) TRAI
Answer: C) ICRISAT

Event and Location:

• Event: Launch of AI-powered climate advisory service for farmers
• Location: Hyderabad (initial rollout in Maharashtra)
• Date: August 5, 2025

Mandates and Objectives:

• Mandates: The International Crops Research Institute for the Semi-Arid Tropics (ICRISAT), in collaboration with ICAR and supported by Monsoon Mission III, has launched an AI-powered climate advisory service for smallholder farmers.
• Objectives: To provide hyper-local, real-time weather and climate insights using AI and ML tools to enable farmers to make climate-resilient, data-driven decisions for agricultural planning and risk mitigation.

Important Terms Explained:

• ICRISAT: The International Crops Research Institute for the Semi-Arid Tropics is a non-profit agricultural research organization focused on improving farming in arid and semi-arid regions.
• AI-powered Context-Specific Agromet Advisory Services: A new project aimed at delivering personalised climate advisories to farmers using Artificial Intelligence (AI) and Machine Learning (ML) technologies.
• Monsoon Mission III: A government-supported program aimed at enhancing weather forecasting systems and improving climate services for agriculture and allied sectors.

Tabular Summary:

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10. What is the newly discovered rarest blood group identified in a woman from Bengaluru?
A) Rh-null
B) Bombay Blood Group
C) CRIB
D) Cromer-B
E) INRA-X
Answer: C) CRIB

Event and Location:

• Event: Discovery of the world’s rarest blood group ‘CRIB’
• Location: Bengaluru, Karnataka (Kolar district)
• Date: August 5, 2025

Mandates and Objectives:

• Mandates: Indian scientists, in collaboration with UK researchers, have discovered a new, ultra-rare blood group named CRIB in a 38-year-old woman undergoing treatment at Manipal Hospital, Bengaluru.
• Objectives: To advance the understanding of rare blood group systems, improve transfusion medicine, and establish protocols for dealing with rare blood incompatibilities in critical care and prenatal diagnostics.

Important Terms Explained:

• CRIB Blood Group: A newly identified, extremely rare blood group under the Cromer blood group system, first discovered in a woman from Bengaluru. It is the only known case in the world and lacks a high-prevalence antigen, making donor compatibility nearly impossible. The name CRIB stands for Cromer (CR) and India–Bengaluru (IB).
• Cromer Blood Group System: One of the 47 internationally recognized human blood group systems. Most Cromer antigens are high-prevalence, but rare variants can cause extreme incompatibility in transfusions.
• INRA System (Indian Rare Antigen System): A classification system recognized by the International Society of Blood Transfusion (ISBT) in 2022 to document rare Indian blood group antigens, including CRIB.

Tabular Summary:

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11. Where did Tesla launch its first electric vehicle charging facility in India?
A) Lower Parel
B) Thane
C) Bandra-Kurla Complex
D) Navi Mumbai
E) Powai
Answer: C) Bandra-Kurla Complex

Event and Location:

• Event: Tesla launches its first EV charging facility in India
• Location: One BKC, Bandra-Kurla Complex, Mumbai
• Date: August 4, 2025

Mandates and Objectives:

• Mandates: Tesla has launched its first EV charging station in India, weeks after entering the Indian market with the launch of the Model Y and its first Experience Centre in Mumbai.
• Objectives: To provide supercharging and destination charging infrastructure to support EV users in India, beginning with Mumbai and expanding to other parts of the city by Q3 2025.

Important Terms Explained:

• Tesla: A US-based electric vehicle and clean energy company founded by Elon Musk, known for its innovation in EVs and autonomous driving technologies.
• Supercharging Stall (DC Charging): A high-speed EV charging technology by Tesla offering peak power of up to 250 kW, enabling faster charging for long-distance travel.
• Destination Charging Stall (AC Charging): A slower AC-based charging system offering up to 11 kW, typically used at homes, offices, or commercial complexes for overnight or long-duration parking.
• CBU (Completely Built Unit): Vehicles imported as fully assembled units, generally attracting higher import duties in India.

Tabular Summary:

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12. Which municipal body has partnered with Google to launch a GenAI-based pilot project for urban governance?
A) BBMP, Bengaluru
B) NDMC, Delhi
C) GHMC, Hyderabad
D) PMC, Pune
E) MCGM, Mumbai
Answer: C) GHMC, Hyderabad

Event and Location:

• Event: Launch of GenAI-based pilot project for civic governance
• Location: Greater Hyderabad Municipal Corporation (GHMC), Hyderabad, Telangana
• Date: August 4, 2025

Mandates and Objectives:

• Mandates: The Greater Hyderabad Municipal Corporation (GHMC), in collaboration with Google, has initiated a Generative AI (GenAI)-based pilot project to address key urban challenges and modernize city governance.
• Objectives: To create an AI-powered, responsive, and intelligent city administration, improve citizen service delivery, and make Hyderabad a model GenAI-enabled smart city in line with the Telangana government’s digital vision.

Important Terms Explained:

• GenAI (Generative Artificial Intelligence): Advanced AI that generates content or responses using deep learning models. It enables features like smart chatbots, automated systems, and predictive governance.
• GHMC (Greater Hyderabad Municipal Corporation): The municipal governing body responsible for civic administration in Hyderabad, Telangana.
• AI-Based Citizen Enquiry Classification: A system that uses AI to automatically sort, categorize, and route citizen complaints or service requests to relevant departments.

Tabular Summary:

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International Affairs – Daily Current Affairs August 05

13. Which US pharma company recently inaugurated its Global Capability Centre in Hyderabad, Telangana?
A) Pfizer
B) Eli Lilly
C) Merck
D) Moderna
E) Novartis
Answer: B) Eli Lilly

Event and Location:

• Event: Inauguration of Eli Lilly’s Global Capability Centre (GCC) in Hyderabad
• Location: Gachibowli, Hyderabad, Telangana
• Date: August 5, 2025

Mandates and Objectives:

• Mandates: US-based pharmaceutical major Eli Lilly inaugurated its Global Capability Centre (GCC) in Hyderabad, with Telangana CM A. Revanth Reddy and IT Minister D Sridhar Babu presiding over the launch.
• Objectives: To strengthen Eli Lilly’s global operations through a centralized technology and innovation hub in India, and to integrate advanced technologies like AI, cloud computing, and automation for improved healthcare outcomes.

Important Terms Explained:

• Global Capability Centre (GCC): A centralized strategic unit set up by multinational companies to manage global business operations including IT, analytics, R&D, and customer support.
• Eli Lilly: A leading US-based pharmaceutical company, known for its innovations in life sciences and healthcare. The Hyderabad GCC will act as a nerve centre for global technological leadership.
• Telangana Rising 2047: A visionary roadmap laid out by the Telangana state government aiming to build a $1 trillion economy by the year 2047, driven by tech and life sciences growth.

Tabular Summary:

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14. Which country recently ended its self-imposed moratorium on deploying nuclear-capable intermediate-range missiles?
A) China
B) Iran
C) United States
D) Russia
E) North Korea
Answer: D) Russia

Event and Location:

• Event: Russia ends its self-imposed moratorium on intermediate-range missiles
• Location: Russia (with geopolitical implications in Europe and globally)
• Date: August 5, 2025

Mandates and Objectives:

• Mandates:
  • Russia announced it no longer considers itself bound by its earlier moratorium on deploying intermediate-range nuclear-capable missiles.
  • The move is in response to US plans to deploy Typhoon and Dark Eagle missile systems in Germany and other parts of Europe in 2026.
• Objectives:
  • To counter perceived threats from NATO and US missile deployments near Russia’s borders.
  • To assert strategic dominance and deterrence in the evolving Ukraine-NATO-Russia conflict landscape.
  • To adapt to what Russia terms as the “new reality” of global strategic instability.

Important Terms Explained:

• Intermediate-Range Missiles:
  • These are land-based missiles with a range of 500 to 5,500 kilometers.
  • Such weapons are highly destabilising due to their short flight time, leaving little room for error or de-escalation in conflict.
• INF Treaty (Intermediate-Range Nuclear Forces Treaty):
  • A 1987 Cold War-era arms control agreement between the US and USSR banning land-based intermediate-range missiles.
  • The treaty was abandoned in 2019 by both nations after mutual accusations of violations.
• Oreshnik Missile:
  • A newly developed Russian missile capable of carrying conventional or nuclear warheads.
  • It can reach targets across all of Europe, with Mach 10 speed, making interception nearly impossible.
  • Used for the first time against Ukraine in November 2024.
• Dark Eagle Missile:
  • A US hypersonic missile system with a focus on rapid global strike capabilities.
  • Set to be deployed in Germany in 2026, heightening geopolitical tensions.
• Typhoon Missile (US):
  • A planned next-gen missile system by the US with tactical and strategic applications, likely nuclear-capable.

Tabular Summary:

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15. Where is India hosting the WHO–IRCH workshop on herbal medicine safety from August 6, 2025?
A) New Delhi
B) Ghaziabad
C) Lucknow
D) Bengaluru
E) Varanasi
Answer: B) Ghaziabad

Event and Location:

• Event: WHO–IRCH Herbal Medicine Safety and Regulations Workshop
• Location: Ghaziabad, Uttar Pradesh, India
• Date: August 6–8, 2025

Mandates and Objectives:

• Mandates:
  • India will host a three-day WHO–IRCH workshop on herbal medicine safety and regulation in collaboration with the Ministry of Ayush and PCIM&H.
• Objectives:
  • To foster international regulatory cooperation, improve safety and efficacy standards, support global convergence on herbal medicine policies, and promote India’s traditional medicine ecosystem.

Important Terms Explained:

• WHO–IRCH (International Regulatory Cooperation for Herbal Medicines): A WHO initiative to promote harmonization of regulations and information exchange on herbal medicines among member countries.
• PCIM&H (Pharmacopoeia Commission for Indian Medicine & Homoeopathy): A central research body under the Ministry of Ayush responsible for setting standards for Indian systems of medicine and homoeopathy.
• Ayush Suraksha (Pharmacovigilance) Programme: A government initiative to monitor and ensure the safety of Ayush drugs by collecting, analyzing, and evaluating adverse drug reactions.

Tabular Summary:

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Schemes – Daily Current Affairs August 05

16. How many schools in Andhra Pradesh have been selected under the PM-SHRI scheme for infrastructure upgrades?
A) 500
B) 750
C) 935
D) 1,100
E) 870
Answer: C) 935

Event and Location:

• Event: Central government increases PM-SHRI funding allocation for Andhra Pradesh
• Location: Andhra Pradesh, India
• Date: August 5, 2025

Mandates and Objectives:

• Mandates: The Central Government, under the NDA, has increased PM-SHRI funding to Andhra Pradesh by 120% in FY 2024–25 compared to the previous year, selecting 935 schools for infrastructure and quality upgrades.
• Objectives: To transform existing government schools into model institutions with modern infrastructure, smart classrooms, and enhanced learning outcomes, while increasing Central support for education in the state.

Important Terms Explained:

• PM-SHRI (PM Schools for Rising India): A flagship school development scheme launched in 2022 aimed at upgrading select existing schools across India into model schools with 21st-century infrastructure, digital tools, and outcome-based learning environments.
• NDA (National Democratic Alliance): A political alliance currently in power at the Centre, led by the Bharatiya Janata Party (BJP).
• TDP (Telugu Desam Party): A regional political party in Andhra Pradesh and a current NDA ally. Its MPs raised Lok Sabha queries that led to disclosure of PM-SHRI allocation data.

Tabular Summary:

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17. Which of the following schemes saw the highest number of enrolments during the first month of RBI’s financial inclusion campaign?
A) Atal Pension Yojana (APY)
B) Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)
C) Pradhan Mantri Jan Dhan Yojana (PMJDY)
D) Pradhan Mantri Suraksha Bima Yojana (PMSBY)
E) KYC Update Scheme
Answer: D) Pradhan Mantri Suraksha Bima Yojana (PMSBY)

Event and Location:

• Event: RBI’s financial inclusion campaign achieves coverage of 1.05 lakh Gram Panchayats in first month
• Location: Nationwide, India
• Date: August 5, 2025 (covering data for July 2025)

Mandates and Objectives:

• Mandates: The Reserve Bank of India (RBI) launched a nationwide financial inclusion saturation drive, running from July 1 to September 30, 2025, targeting complete coverage of Gram Panchayats (GPs) through account opening, insurance enrolments, pension schemes, and re-KYC updates.
• Objectives: To ensure universal access to financial services by expanding the reach of government-backed financial schemes and updating KYC details, while also spreading awareness about unclaimed deposits and addressing customer grievances.

Important Terms Explained:

• PMJDY (Pradhan Mantri Jan Dhan Yojana): A flagship financial inclusion scheme launched in 2014 for universal access to banking, enabling zero-balance accounts with benefits like RuPay cards and overdraft facilities.
• PMJJBY (Pradhan Mantri Jeevan Jyoti Bima Yojana): A life insurance scheme offering ₹2 lakh coverage for ₹436 per annum for individuals aged 18–50 with a bank account.
• PMSBY (Pradhan Mantri Suraksha Bima Yojana): An accident insurance scheme providing ₹2 lakh coverage for accidental death or disability, with an annual premium of ₹20.
• APY (Atal Pension Yojana): A government-backed pension scheme targeting the unorganised sector, offering fixed monthly pensions upon retirement, with co-contribution from the government.
• Business Correspondents (BCs): Representatives appointed by banks to facilitate banking services in unbanked or remote areas.

Tabular Summary:

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18. Which of the following schemes supports electric vehicles and related infrastructure with an outlay of ₹10,900 crore starting April 2024?
A) FAME India Phase II
B) PM E-DRIVE Scheme
C) PLI-Auto Scheme
D) SPMEPCI Scheme
E) PM e-Bus Sewa Scheme
Answer: B) PM E-DRIVE Scheme

Event and Location:

• Event: Launch and continuation of government schemes to promote Electric Vehicle sector
• Location: Nationwide (India)
• Date: 5 August 2025

Mandates and Objectives:

• Mandates:
  • The Government of India has introduced multiple schemes such as FAME II, PM E-DRIVE, PLI-Auto, SPMEPCI, and PM e-Bus Sewa to support electric vehicle adoption and infrastructure.
• Objectives:
  • To strengthen the domestic EV ecosystem by offering demand incentives, boosting local manufacturing, supporting battery R&D, enabling EV charging infrastructure, and promoting sustainable mobility.

Important Terms Explained:

• FAME India Phase-II:
  • Launched in 2019 with a ₹11,500 crore outlay, this scheme provided incentives for electric 2Ws, 3Ws, 4Ws, e-buses, and charging stations.
• PM E-DRIVE Scheme:
  • A scheme from 2024–2026 with a ₹10,900 crore budget supporting e-trucks, e-ambulances, e-buses, e-2Ws, e-3Ws, and EV infrastructure, including R&D and testing agencies.
• PLI Scheme for ACC:
  • Production-linked incentive scheme launched in 2021 with ₹18,100 crore budget to build a 50 GWh battery manufacturing ecosystem.
• PLI-Auto Scheme:
  • Introduced in 2021 with ₹25,938 crore, this scheme incentivizes production of Advanced Automotive Technology (AAT) with minimum 50% domestic value addition.
• SPMEPCI Scheme:
  • Scheme for electric car manufacturing, launched in March 2024, requiring ₹4,150 crore investment and minimum 50% DVA in 5 years.
• PM e-Bus Sewa Scheme (PSM):
  • Announced in October 2024 with a ₹3,435.33 crore outlay to support deployment of 38,000+ electric buses and ensure payment security for operators.

Tabular Summary:

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National Affairs – Daily Current Affairs August 05

19. What is the main objective behind fast-tracking the Sawalkote Hydropower Project in Jammu and Kashmir?
A) To improve tourism infrastructure
B) To promote irrigation in Punjab
C) To assert Indus Treaty rights and enhance clean energy
D) To build a new thermal power station
E) To divert the Chenab River to Rajasthan
Answer: C) To assert Indus Treaty rights and enhance clean energy

Event and Location:

• Event: Fast-tracking of the Sawalkote Hydropower Project
• Location: Ramban district, Jammu and Kashmir
• Date: August 1, 2025

Mandates and Objectives:

• Mandates: The Government of India has fast-tracked the construction of the 2,185 MW Sawalkote Hydropower Project on the Chenab River after years of delay.
• Objectives: To strengthen India’s clean energy infrastructure, increase power generation in Jammu and Kashmir, and assert India’s rights under the Indus Waters Treaty with Pakistan.

Important Terms Explained:

• Sawalkote Hydropower Project: A run-of-the-river hydroelectric power project with a capacity of 2,185 MW, proposed on the Chenab River in Ramban district, J&K. It is the largest hydroelectric project in the Union Territory.
• Indus Waters Treaty (IWT): A 1960 water-sharing agreement between India and Pakistan brokered by the World Bank, granting India limited non-consumptive use (e.g., for hydropower) of the western rivers (Indus, Jhelum, and Chenab).
• Run-of-the-river Project: A type of hydroelectric generation method that utilizes natural river flow without creating a large reservoir, considered more environmentally sustainable.

Tabular Summary:

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20. What is the projected opportunity size highlighted in NITI Aayog’s 2025 report on Electric Vehicles in India?
A) $100 billion
B) $500 billion
C) $200 billion
D) $50 billion
E) $300 billion
Answer: C) $200 billion

Event and Location:

• Event: Launch of the report on ‘Unlocking a $200 Billion Opportunity: Electric Vehicles in India’
• Location: NITI Aayog, New Delhi
• Date: August 4, 2025

Mandates and Objectives:

• Mandates: NITI Aayog released a detailed report identifying challenges, opportunities, and policy actions needed to fast-track electric vehicle (EV) adoption in India.
• Objectives: To provide a blueprint for accelerating EV transition in India, with a goal to achieve 30% EV share in total vehicle sales by 2030, while unlocking a $200 billion market opportunity.

Important Terms Explained:

• NITI Aayog: The National Institution for Transforming India, it is the Government of India’s premier policy think tank, replacing the Planning Commission in 2015.
• Electric Vehicles (EVs): Battery-powered vehicles that produce zero tailpipe emissions. EV adoption is a critical part of India’s clean energy and mobility goals.
• EV Penetration: Refers to the percentage share of electric vehicles in total vehicle sales. India’s EV penetration improved from one-fifth of global levels in 2020 to over two-fifth in 2024.

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21. Which initiative recently entered the Guinness World Records for most registrations on a citizen engagement platform in one month?
A) Fit India Movement
B) Swachh Bharat Abhiyan
C) Pariksha Pe Charcha
D) Digital India Campaign
E) Viksit Bharat Sankalp
Answer: C) Pariksha Pe Charcha

Event and Location:

• Event: Pariksha Pe Charcha sets Guinness World Record for citizen engagement
• Location: New Delhi, India
• Date: August 2025 (Record presented in official ceremony)

Mandates and Objectives:

• Mandates: The 8th edition of Pariksha Pe Charcha (PPC), Prime Minister Narendra Modi’s interactive education initiative, set a Guinness World Record for “Most people registered on a Citizen Engagement Platform in one month” with 3.53 crore registrations via MyGov.
• Objectives: To promote stress-free examination preparation, encourage interactive learning, and deepen citizen participation in educational discourse aligned with NEP 2020.

Important Terms Explained:

• Pariksha Pe Charcha (PPC): A flagship annual program launched in 2018, where PM Modi interacts with students, teachers, and parents, providing motivation and practical tips for handling exam-related stress.
• Guinness World Record – Citizen Engagement Platform: The recognition awarded for highest number of verified registrations (3.53 crore) on MyGov within a month under a single public initiative.
• NEP 2020 (National Education Policy 2020): India’s reformed education policy that emphasizes experiential, holistic, and stress-free learning, replacing rote-based learning approaches.

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22. Which minister inaugurated three housing complexes for unorganised sector workers in Belagavi, Karnataka?
A) Satish Jarkiholi
B) D Sridhar Babu
C) A Revanth Reddy
D) Santosh Lad
E) Laxmi Hebbalkar
Answer: D) Santosh Lad

Event and Location:

• Event: Inauguration of housing complexes and welfare initiatives for unorganised sector workers
• Location: Yamunapur Industrial Area, Belagavi, Karnataka
• Date: July 29, 2025

Mandates and Objectives:

• Mandates: Labour Minister Santosh Lad inaugurated three residential housing complexes under the Shramika Housing Scheme and distributed smart cards to unorganised sector workers in Belagavi.
• Objectives: To provide social security, housing, education support, and medical aid for unorganised sector workers in Karnataka and enhance the efficiency of welfare delivery through smartcard-linked services.

Important Terms Explained:

• Unorganised Sector Workers: Workers not covered under formal employment frameworks such as construction workers, gig workers, delivery agents, etc., often lacking access to healthcare, pensions, or insurance.
• Smart Card for Workers: A digital identity issued to unorganised workers that enables direct access to welfare schemes including insurance, medical aid, education subsidies, and pensions.
• Gig Worker Scheme: A welfare initiative offering medical coverage and life insurance to platform-based gig economy workers such as delivery personnel and drivers.

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23. What is the name of the signature audio introduced by Bengaluru’s Kempegowda International Airport to create emotional connections with travelers?
A) Sound of India
B) BLR Echo
C) Rhythm of BLR
D) Harmony of South
E) Feels Like BLR
Answer: C) Rhythm of BLR

Event and Location:

• Event: Launch of Rhythm of BLR – Bengaluru Airport’s signature audio identity
• Location: Kempegowda International Airport (KIA), Bengaluru, Karnataka
• Date: August 5, 2025

Mandates and Objectives:

• Mandates: Kempegowda International Airport (BLR Airport) has unveiled its signature soundtrack, “Rhythm of BLR”, to build deeper emotional and sensory connections with passengers.
• Objectives: To elevate the passenger experience by using a distinct sonic identity, combining traditional and contemporary music, and aligning with the Feels Like BLR initiative to reinforce the airport’s brand image.

Important Terms Explained:

• Rhythm of BLR: A signature tune and sonic logo of Bengaluru airport, composed to represent the city’s spirit through a blend of Carnatic instruments (mandolin, mridangam) and Western elements (piano, electric guitar, chorus).
• Feels Like BLR: A multi-sensory initiative by BLR Airport to enhance the emotional branding and passenger experience by incorporating sound, scent, and design into its environment.
• Ricky Kej: A Grammy-winning Indian composer who created the BLR Airport Anthem, which inspired the Rhythm of BLR soundtrack.

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24. Which of the following institutes is not among those recognized as a Centre of Excellence under the National Critical Mineral Mission?
A) IIT Bombay
B) CSIR–NML Jamshedpur
C) IIT Kanpur
D) IIT Hyderabad
E) NFTDC Hyderabad
Answer: C) IIT Kanpur

Event and Location:

• Event: Recognition of seven Centres of Excellence under the National Critical Mineral Mission
• Location: Pan-India (Institutes across different states)
• Date: August 1, 2025

Mandates and Objectives:

• Mandates: The Ministry of Mines, following approval by the Project Approval and Advisory Committee (PAAC), recognized seven premier institutes as Centres of Excellence (CoEs) to promote R&D under the National Critical Mineral Mission (NCMM).
• Objectives: To develop, demonstrate, and deploy technologies for critical mineral extraction, processing, and value chain integration, with the aim of reaching higher Technology Readiness Levels (TRL 7/8) and supporting India’s clean energy, mobility, and strategic tech sectors.

Important Terms Explained:

• National Critical Mineral Mission (NCMM): A strategic initiative by the Ministry of Mines aimed at securing critical mineral supply chains vital for sectors like clean energy, electronics, defence, and space.
• Technology Readiness Level (TRL): A scale used to assess the maturity of evolving technologies. TRL 7/8 indicates pilot plant and pre-commercial demonstration stages before full-scale deployment.
• Hub & Spoke Model: A collaborative framework where the main institute (Hub) partners with multiple academic/R&D and industry bodies (Spokes) to pool resources and expertise for holistic research and development.
• PAAC (Project Approval and Advisory Committee): The governing body that evaluates and approves R&D proposals under the mission, co-chaired by the Secretaries of Ministry of Mines and Department of Science & Technology (DST).

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25. What is the total estimated cost of the Shillong–Silchar high-speed corridor project?
A) Rs 15,800 crore
B) Rs 18,200 crore
C) Rs 22,864 crore
D) Rs 19,760 crore
E) Rs 24,300 crore
Answer: C) Rs 22,864 crore

Event and Location:

• Event: Meghalaya starts land acquisition for Shillong–Silchar High-Speed Corridor
• Location: Umiam Lake (Shillong) to Silchar (Assam), through Meghalaya
• Date: August 5, 2025

Mandates and Objectives:

• Mandates:
  • The Meghalaya government has initiated land acquisition for a 166.80 km high-speed corridor, primarily traversing the Ri-Bhoi district.
  • The project will be executed by NHIDCL (National Highways and Infrastructure Development Corporation Ltd.).
• Objectives:
  • To enhance regional connectivity in the Northeast.
  • To reduce travel time between Shillong and Silchar.
  • To promote economic development and infrastructure integration across Assam and Meghalaya.

Important Terms Explained:

• High-Speed Corridor:
  • A multi-lane expressway aimed at enabling faster vehicular movement between two or more cities, often reducing congestion and improving logistics efficiency.
• Land Acquisition:
  • A process by which governments procure land from private or public owners for development purposes, especially infrastructure projects.
• NHIDCL (National Highways and Infrastructure Development Corporation Ltd.):
  • A government-owned company under the Ministry of Road Transport & Highways.
  • Tasked with the development and maintenance of national highways in India’s hilly, border, and remote regions.

Tabular Summary:

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Over All Review

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