Daily Current Affairs August 08

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 08. 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 08 | Daily Current Affairs 2025

Important Days – Daily Current Affairs August 08

1. In which year was the Quit India Movement launched by Mahatma Gandhi with the slogan “Do or Die”?
A) 1930
B) 1940
C) 1942
D) 1947
E) 1950
Answer: C) 1942

Event and Location:

• Event: 83rd anniversary of the Quit India Movement
• Location: Nationwide (India)
• Date: August 8, 2025

Mandates and Objectives:

• Mandates: Commemoration of the Quit India Movement through educational programs, cultural activities, and public remembrance.
• Objectives: To honor the sacrifices of freedom fighters, inspire civic courage, and promote unity and democratic values in modern India.

Important Terms Explained:

• Quit India Movement: A mass civil disobedience campaign launched by Mahatma Gandhi on August 8, 1942, demanding an end to British colonial rule in India.
• Do or Die: The slogan given by Mahatma Gandhi during the Quit India Movement, urging Indians to either achieve independence or lay down their lives in the struggle.
• Aruna Asaf Ali: A prominent leader of the movement known for hoisting the tricolor flag in defiance of British authorities after senior leaders were arrested.

Tabular Summary:

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Sports – Daily Current Affairs August 08

2. What is the height of Mount Kilimanjaro, recently scaled by Arunachal Pradesh mountaineer Kabak Yano?
A) 5,895 metres
B) 6,194 metres
C) 8,848 metres
D) 5,512 metres
E) 7,310 metres
Answer: A) 5,895 metres

Event and Location:

• Event: Kabak Yano of Arunachal Pradesh successfully scaled Mount Kilimanjaro, Africa’s highest peak.
• Location: Mount Kilimanjaro, Tanzania.
• Date: 4 August 2025 (Summit)

Mandates and Objectives:

• Mandates: Undertake and complete the expedition to the summit of Mount Kilimanjaro as part of a continued pursuit of global mountaineering challenges.
• Objectives: To achieve one of the Seven Summits, inspire youth of Arunachal Pradesh, and promote adventure sports and mountaineering spirit in India.

Important Terms Explained:

• Mount Kilimanjaro: At 5,895 metres (19,340 feet), it is the tallest peak in Africa and the highest free-standing mountain in the world, located in Tanzania.
• Seven Summits: A mountaineering challenge involving climbing the highest peak on each of the seven continents.
• Mount Everest: The world’s highest mountain at 8,848.86 metres, which Kabak Yano scaled on 21 May 2024.

Tabular Summary:

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Banking and Finance – Daily Current Affairs August 08

3. According to the SBI report, what is the current repo rate that may be considered the terminal rate by the RBI?
A) 5.0%
B) 5.25%
C) 5.5%
D) 5.75%
E) 6.0%
Answer: C) 5.5%

Event and Location:

• Event: RBI’s August 2025 policy decision to keep repo rate unchanged, termed a technical pause by SBI
• Location: India
• Date: August 8, 2025

Mandates and Objectives:

• Mandates: Maintain the repo rate at 5.5% in the August policy review.
• Objectives: Balance inflation control and economic growth while assessing future domestic and global risks.

Important Terms Explained:

• Repo Rate: The rate at which the Reserve Bank of India lends short-term funds to commercial banks; used as a key monetary policy tool to control inflation and liquidity.
• Terminal Rate: The peak interest rate in a rate hike cycle beyond which the central bank is not expected to increase rates further.
• CPI Inflation: Consumer Price Index-based inflation measures the change in retail prices of goods and services, representing the cost of living.

Tabular Summary:

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4. When did AU Small Finance Bank begin operations as a small finance bank after receiving its SFB licence?
A) April 2015
B) September 2015
C) April 2016
D) April 2017
E) September 2017
Answer: D) April 2017

Event and Location:

• Event: RBI grants ‘in-principle’ approval to AU Small Finance Bank to transition into a universal bank.
• Location: India (operations across 21 states & 4 UTs).
• Date: 7 August 2025

Mandates and Objectives:

• Mandates:
  • Approve AU Small Finance Bank’s application (submitted on 3 September 2024) for voluntary conversion to a universal bank under RBI’s August 2016 ‘on tap’ licensing guidelines and April 2024 framework.
• Objectives:
  • Allow AU Small Finance Bank to expand its scope of operations beyond SFB restrictions.
  • Strengthen its ability to serve a larger customer base with diversified banking products and services.

Important Terms Explained:

• Small Finance Bank (SFB): A niche bank in India focused on providing basic banking services, primarily to underserved and unbanked segments.
• Universal Bank: A bank offering a full range of financial services, including commercial banking, investment services, and other financial products, without the operational limitations of SFBs.
• In-principle Approval: A preliminary nod from RBI allowing the applicant to meet certain conditions before receiving the final licence.

Tabular Summary:

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5. According to the RBI’s Survey of Professional Forecasters, what is the projected growth rate for India’s merchandise exports in FY26?
A) 1.2%
B) 2.5%
C) 4.9%
D) 6.0%
E) 6.4%
Answer: A) 1.2%

Event and Location:

• Event: RBI survey projects merchandise imports to grow twice as fast as exports in FY26.
• Location: India
• Date: 7 August 2025

Mandates and Objectives:

• Mandates: Release of macroeconomic projections through the Survey of Professional Forecasters on Macroeconomic Indicators (95th Round) by the Reserve Bank of India.
• Objectives: To provide forecasts for trade growth, GDP, inflation, consumption, and capital formation for policy and planning purposes.

Important Terms Explained:

• Current Account Deficit (CAD): The shortfall when a country’s total imports of goods, services, and transfers exceed its total exports, expressed as a percentage of GDP.
• Private Final Consumption Expenditure (PFCE): The total value of goods and services consumed by households and non-profit institutions, reflecting domestic demand.
• Gross Fixed Capital Formation (GFCF): The net investment in physical assets such as buildings, machinery, and equipment within an economy.

Tabular Summary:

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Business and Economy – Daily Current Affairs August 08

6. What was the Housing Price Index (HPI) value for India in March 2025, according to the REA India–ISB report?
A) 124
B) 128
C) 132
D) 138
E) 140
Answer: C) 132

Event and Location:

• Event: Release of Housing Price Index (HPI) report for March 2025 by REA India and the Indian School of Business.
• Location: 13 major cities across India.
• Date: 7 August 2025

Mandates and Objectives:

• Mandates: The Housing Price Index (HPI), jointly developed by REA India’s Housing.com and ISB, tracks and reports residential property price movements across major Indian cities.
• Objectives: To monitor housing market trends, assess affordability, and provide data-driven insights for buyers, developers, and policymakers for sustainable real estate growth.

Important Terms Explained:

• Housing Price Index (HPI): A statistical measure that tracks changes in the prices of residential properties over time, helping to understand market trends and affordability.
• Bull Run: A prolonged period of rising asset prices, in this case referring to real estate prices before recent stabilization.
• Rental Yield: The annual rental income of a property expressed as a percentage of its purchase price, often used by investors to evaluate returns.

Tabular Summary:

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7. How much has IFC committed as an anchor investment in the $1 billion H-DREAM Fund for green affordable housing in India?
A) $100 million
B) $120 million
C) $150 million
D) $200 million
E) $250 million
Answer: C) $150 million

Event and Location:

• Event: Launch of H-DREAM Fund for green affordable housing by IFC and HDFC Capital Advisors.
• Location: India (nationwide housing projects).
• Date: 8 August 2025

Mandates and Objectives:

• Mandates:
  • Create a $1 billion fund to finance green, affordable, and mid-income housing projects in India.
  • IFC to provide $150 million as anchor funding; remaining $850 million to be raised from global and domestic investors.
• Objectives:
  • Bridge India’s urban housing shortage while promoting sustainable and eco-friendly construction.
  • Align with UN Sustainable Development Goals (SDGs) on sustainable cities, clean energy, and climate action.
  • Attract institutional capital with an ESG focus into India’s housing sector.

Important Terms Explained:

• IFC (International Finance Corporation): A member of the World Bank Group that provides investment, advisory, and asset-management services to encourage private sector development in developing countries.
• H-DREAM Fund: Stands for HDFC Capital Development of Real Estate Affordable and Mid-Income Fund, a private equity initiative to support affordable housing aligned with green building standards.
• Green Building Norms: Construction practices that reduce carbon emissions, improve energy efficiency, and conserve water resources, ensuring environmentally sustainable infrastructure.

Tabular Summary:

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8. What is the authorised capital of the Multi-State Sahakari Taxi Cooperative Ltd that will operate Bharat Taxi?
A) ₹100 crore
B) ₹200 crore
C) ₹250 crore
D) ₹300 crore
E) ₹500 crore
Answer: D) ₹300 crore

Event and Location:

• Event: Registration of Bharat Taxi under Multi-State Sahakari Taxi Cooperative Ltd to launch a cooperative-based ride-hailing service.
• Location: India (pilot phase planned in Delhi or Gujarat).
• Date: 6 June 2025 (registration date)

Mandates and Objectives:

• Mandates:
  • Launch a cooperative-owned and operated ride-hailing platform by year-end 2025.
  • Operate as Multi-State Sahakari Taxi Cooperative Ltd with authorised capital of ₹300 crore, backed by eight major cooperatives.
• Objectives:
  • Provide transparent pricing for drivers and riders by removing middlemen.
  • Ensure profit-sharing among driver-members, covering taxi, auto-rickshaw, and two-wheeler operators.
  • Diversify cooperatives into new sectors beyond agriculture, dairy, and credit in line with the National Cooperative Policy 2025.

Important Terms Explained:

• Multi-State Sahakari Taxi Cooperative Ltd: A newly registered cooperative entity that will operate Bharat Taxi, involving multiple cooperatives as stakeholders.
• NCDC (National Cooperative Development Corporation): A statutory corporation under the Ministry of Cooperation responsible for planning, promoting, and financing cooperative projects.
• National Cooperative Policy 2025: A framework launched to make cooperatives transparent, accountable, and diversified into emerging sectors like green energy, tourism, ride-hailing, insurance, and organic farming.

Tabular Summary:

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9. By what percentage did India’s electronics exports grow year-on-year in Q1 FY26?
A) 37%
B) 42%
C) 47%
D) 55%
E) 62%
Answer: C) 47%

Event and Location:

• Event: Surge in India’s electronics exports in Q1 FY26, led by mobile phones.
• Location: India (nationwide data from ICEA).
• Date of Report: 8 August 2025

Mandates and Objectives:

• Mandates:
  • Strengthen India’s electronics manufacturing and export capacity.
  • Build a competitive local supply chain to reduce import dependency.
• Objectives:
  • Achieve long-term self-reliance in the electronics sector.
  • Develop Indian brands across the full electronics value chain.
  • Expand export contribution from mobile and non-mobile segments.

Important Terms Explained:

• ICEA (India Cellular and Electronics Association): Industry body representing mobile and electronics manufacturers, working with the government to promote domestic production and exports.
• Value Chain: The full range of activities required to bring a product from conception to delivery, including design, manufacturing, distribution, and after-sales.

Tabular Summary:

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10. Which two public sector companies signed an MoU in August 2025 to jointly explore and develop critical mineral resources?
A) ONGC and NMDC
B) GAIL and Hindustan Copper Limited
C) SAIL and Coal India Limited
D) NTPC and BHEL
E) Oil India Limited and Vedanta
Answer: B) GAIL and Hindustan Copper Limited

Event and Location:

• Event: Signing of MoU between GAIL and Hindustan Copper Limited for critical mineral exploration and development
• Location: New Delhi, India
• Date: August 8, 2025

Mandates and Objectives:

• Mandates: Collaborate on exploration, sourcing, processing, and utilisation of critical minerals in India and overseas.
• Objectives: Reduce import dependence, enhance domestic mineral capabilities, and support clean energy and advanced technology sectors.

Important Terms Explained:

• Critical Minerals: Minerals such as copper, lithium, cobalt, and rare earth elements essential for renewable energy, electric mobility, electronics, and other advanced technologies.
• Maharatna CPSE: A status granted by the Government of India to central public sector enterprises with greater operational and financial autonomy due to their large scale and performance.
• Renewable Energy: Energy derived from natural sources like sunlight, wind, and water that are replenished naturally, crucial for reducing carbon emissions and achieving sustainability goals.

Tabular Summary:

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Acquisitions and Mergers – Daily Current Affairs August 08

11. Tata AutoComp Systems is set to acquire which Slovakia-based company through its UK subsidiary Artifex?
A) Magna International
B) IAC Group
C) Faurecia Slovakia
D) Valeo Slovakia
E) Gestamp Automoción
Answer: B) IAC Group

Event and Location:

• Event: Tata AutoComp Systems to acquire IAC Group (Slovakia) through UK subsidiary
• Location: Slovakia, with expansion focus on UK and EU markets
• Date: August 7, 2025

Mandates and Objectives:

• Mandates: Acquisition of 100% share capital of IAC Group (Slovakia) by Tata AutoComp via its British subsidiary Artifex Interior Systems Limited.
• Objectives: Strengthen Tata AutoComp’s capabilities, expand its presence in UK and EU markets, and position itself as a key partner for global OEMs in the European automotive industry.

Important Terms Explained:

• Tata AutoComp Systems: An Indian auto components manufacturer that supplies products and services to automotive OEMs worldwide.
• Artifex Interior Systems Limited: Tata AutoComp’s UK-based subsidiary acquired earlier, serving as the acquisition vehicle for European expansion.
• OEM (Original Equipment Manufacturer): A company that produces components or products that are purchased by another company and retailed under the purchasing company’s brand name.

Tabular Summary:

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Science and Technology – Daily Current Affairs August 08

12. By which month and year does the government aim for BharatGen AI to cover all 22 scheduled Indian languages?
A) December 2025
B) March 2026
C) June 2026
D) August 2026
E) December 2026
Answer: C) June 2026

Event and Location:

• Event: Government announcement on BharatGen AI’s roadmap to cover all 22 scheduled Indian languages.
• Location: India (nationwide scope).
• Date: 8 August 2025

Mandates and Objectives:

• Mandates:
  • Develop sovereign foundational AI models tailored to Indian languages and cultural contexts.
  • Expand current coverage from 9 to 22 scheduled languages by June 2026.
  • Build multimodal AI systems (text, speech, and vision) for nationwide applications.
• Objectives:
  • Promote digital inclusion by enabling AI services in all major Indian languages.
  • Develop indigenous AI capacity for strategic sectors like agriculture, governance, and defence.
  • Reduce reliance on foreign AI systems by creating culturally relevant and secure models.

Important Terms Explained:

• BharatGen AI: India’s first sovereign AI initiative to create large-scale language, speech, and vision models for all 22 scheduled Indian languages.
• NM-ICPS (National Mission on Interdisciplinary Cyber-Physical Systems): A Department of Science and Technology programme supporting advanced R&D in cyber-physical systems.
• Large Language Model (LLM): An AI model trained on massive datasets to understand and generate human-like text in multiple languages.

Tabular Summary:

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International Affairs – Daily Current Affairs August 08

13. According to Boston Consulting Group (BCG), India’s proposed FTA with the European Union could give India a share in how much worth of imports currently coming to the EU and UK from China?
A) USD 675 billion
B) USD 775 billion
C) USD 875 billion
D) USD 970 billion
E) USD 1 trillion
Answer: C) USD 875 billion

Event and Location:

• Event: Potential trade gains for India from FTAs with the EU and UK
• Location: India, EU, UK
• Date: August 8, 2025

Mandates and Objectives:

• Mandates: Negotiate and implement free trade agreements with the UK and EU to secure tariff parity with ASEAN peers and expand market access.
• Objectives: Leverage global supply chain realignment, enhance competitiveness against China, and expand export opportunities in labour-intensive and emerging technology sectors.

Important Terms Explained:

• FTA (Free Trade Agreement): A pact between two or more countries to reduce or eliminate trade barriers, such as tariffs and quotas, to encourage trade between them.
• China+1 Strategy: A business strategy encouraging companies to diversify manufacturing and sourcing away from China to reduce dependence and mitigate risk.
• Carbon Border Adjustment Mechanism (CBAM): An EU policy requiring importers to pay a carbon price on certain goods produced outside the EU, based on their carbon emissions.

Tabular Summary:

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Schemes – Daily Current Affairs August 08

14. How much external assistance from the World Bank has been approved for the MERITE Scheme?
A) ₹1,000 crore
B) ₹1,500 crore
C) ₹2,100 crore
D) ₹2,500 crore
E) ₹3,000 crore
Answer: C) ₹2,100 crore

Event and Location:

• Event: Cabinet approval for implementation of the Multidisciplinary Education and Research Improvement in Technical Education (MERITE) Scheme.
• Location: All States and Union Territories of India.
• Date: 8 August 2025

Mandates and Objectives:

• Mandates:
  • Implement MERITE Scheme in 275 technical institutions (175 engineering institutions & 100 polytechnics).
  • Improve quality, equity, and governance in technical education in line with NEP-2020.
  • Provide funding support for academic and infrastructural improvements with World Bank assistance.
• Objectives:
  • Strengthen research and innovation in technical education.
  • Develop labour market-aligned curricula and multidisciplinary programs.
  • Improve employability, accreditation, and quality assurance of institutions.
  • Reduce gender gaps, digital divide, and improve governance in technical education.

Important Terms Explained:

• Central Sector Scheme: A scheme fully funded by the Central Government, implemented by its agencies without cost-sharing from states.
• NEP-2020 (National Education Policy 2020): A policy framework aimed at reforming India’s education system, focusing on holistic, flexible, multidisciplinary learning and promoting research and innovation.
• World Bank Assistance: Financial support in the form of loans or grants provided by the World Bank to assist in large-scale development projects.

Tabular Summary:

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15. How much compensation has the Union Cabinet approved for PSU Oil Marketing Companies for under-recoveries on domestic LPG sales?
A) ₹20,000 crore
B) ₹25,000 crore
C) ₹30,000 crore
D) ₹35,000 crore
E) ₹40,000 crore
Answer: C) ₹30,000 crore

Event and Location:

• Event: Cabinet approval for compensation to Public Sector Oil Marketing Companies for domestic LPG under-recoveries.
• Location: India (nationwide coverage).
• Date: 8 August 2025

Mandates and Objectives:

• Mandates:
  • Provide ₹30,000 crore compensation to IOCL, BPCL, and HPCL for losses incurred in supplying domestic LPG at regulated prices.
  • Distribute compensation in 12 tranches via the Ministry of Petroleum and Natural Gas.
• Objectives:
  • Ensure uninterrupted supply of affordable domestic LPG to households.
  • Protect consumers from fluctuations in global LPG prices.
  • Maintain financial health of PSU OMCs to meet procurement, debt servicing, and capex needs.

Important Terms Explained:

• Under-recoveries: Losses incurred by oil companies when the selling price of fuel is lower than its cost price, often due to government price regulation.
• OMCs (Oil Marketing Companies): Public sector enterprises responsible for refining, distribution, and marketing of petroleum products—here referring to Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BPCL), and Hindustan Petroleum Corporation Limited (HPCL).
• PM Ujjwala Yojana: A flagship government scheme aimed at providing LPG connections to women from below-poverty-line households to promote clean cooking fuel usage.

Tabular Summary:

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16. What is the total outlay approved by the Union Cabinet for the four new components under the Central Sector Scheme of Special Development Packages (SDPs) for Assam and Tripura?
A) ₹3,000 crore
B) ₹4,250 crore
C) ₹5,000 crore
D) ₹6,500 crore
E) ₹7,250 crore
Answer: B) ₹4,250 crore

Event and Location:

• Event: Cabinet approval for four new components under the existing Central Sector Scheme of Special Development Packages (SDPs) for Assam and Tripura.
• Location: Assam and Tripura, India.
• Date: 8 August 2025

Mandates and Objectives:

• Mandates:
  • Allocate ₹4,250 crore under the Central Sector Scheme of SDPs for targeted infrastructure and socio-economic development in specific areas of Assam and Tripura as per signed Memoranda of Settlement (MoS) with various ethnic groups.
  • Three Assam-focused components worth ₹4,000 crore and one Tripura-focused component worth ₹250 crore to be implemented over 4–5 years.
• Objectives:
  • Promote peace, stability, and mainstreaming of communities affected by past conflicts.
  • Improve socio-economic conditions, create jobs, and develop infrastructure in underdeveloped ethnic community regions.
  • Provide livelihood, education, health, and tourism-based opportunities in the North Eastern region.

Important Terms Explained:

• Special Development Packages (SDPs): Central government-funded schemes aimed at promoting targeted development in specific regions, often tied to peace agreements or special circumstances.
• Memoranda of Settlement (MoS): Formal agreements signed between the Government of India, state governments, and community/insurgent groups outlining terms for peace, development, and rehabilitation.
• ULFA (United Liberation Front of Asom): An insurgent group in Assam; MoS signed in 2023 to integrate members into mainstream society through development projects.
• NLFT (National Liberation Front of Twipra) & ATTF (All Tripura Tiger Force): Insurgent groups in Tripura; MoS signed in 2024 for peace and socio-economic development.

Tabular Summary:

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17. What is the targeted subsidy per 14.2 kg LPG cylinder for PMUY beneficiaries approved for FY 2025–26?
A) ₹200
B) ₹250
C) ₹300
D) ₹350
E) ₹400
Answer: C) ₹300

Event and Location:

• Event: Cabinet approval for continuation of targeted LPG subsidy for PMUY consumers in FY 2025–26.
• Location: Nationwide, India.
• Date: 8 August 2025

Mandates and Objectives:

• Mandates:
  • Provide ₹300 subsidy per 14.2 kg LPG cylinder (pro-rated for 5 kg cylinders) for up to 9 refills per year to PMUY beneficiaries in FY 2025–26.
  • Total expenditure approved: ₹12,000 crore.
• Objectives:
  • Shield poor households from global LPG price fluctuations.
  • Make LPG more affordable to sustain clean cooking fuel usage.
  • Promote continued adoption of LPG and reduce dependence on traditional polluting fuels.

Important Terms Explained:

• PMUY (Pradhan Mantri Ujjwala Yojana): Launched in May 2016 to provide deposit-free LPG connections to adult women from poor households, covering security deposit, regulator, hose, DGCC booklet, installation, and first refill with stove free of cost.
• Targeted Subsidy: A financial benefit provided directly to specific eligible groups—in this case, PMUY beneficiaries—based on predefined conditions such as cylinder size and refill limits.
• Per Capita Consumption (PCC): The average number of LPG refills consumed by a household per year; used to measure usage and adoption levels.

Tabular Summary:

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18. Until what date will the PLI Scheme for Textiles portal remain open for fresh applications in August 2025?
A) 15 August 2025
B) 25 August 2025
C) 31 August 2025
D) 5 September 2025
E) 10 September 2025
Answer: C) 31 August 2025

Event and Location:

• Event: Re-opening of Production Linked Incentive (PLI) Scheme for Textiles for fresh applications.
• Location: India (nationwide coverage via Ministry of Textiles).
• Date: 8 August 2025

Mandates and Objectives:

• Mandates:
  • Reopen the PLI Scheme for Textiles portal for companies in the MMF apparel, MMF fabrics, and technical textiles sectors to apply.
  • Keep portal open until 31 August 2025 with all earlier terms and conditions applicable.
• Objectives:
  • Provide another opportunity for eligible textile manufacturers to avail incentives.
  • Promote investment and manufacturing in man-made fibre and technical textile sectors.
  • Boost India’s textile exports and strengthen the domestic manufacturing ecosystem.

Important Terms Explained:

• PLI Scheme (Production Linked Incentive Scheme): A government initiative that offers financial incentives to companies based on incremental sales from products manufactured in India, aimed at boosting domestic production and exports.
• MMF (Man-Made Fibre): Synthetic fibres such as polyester, nylon, acrylic, and others used in apparel and fabrics.
• Technical Textiles: Textile materials and products manufactured for functional purposes (industrial, medical, defence, etc.) rather than decorative or clothing purposes.

Tabular Summary:

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19. Which two states conducted the first-ever interstate trade via the National Agriculture Market (eNAM) platform in August 2025?
A) Punjab and Gujarat
B) Jammu & Kashmir and Maharashtra
C) Uttar Pradesh and Tamil Nadu
D) Himachal Pradesh and Karnataka
E) Assam and Rajasthan
Answer: B) Jammu & Kashmir and Maharashtra

Event and Location:

• Event: First interstate agricultural trade via eNAM platform
• Location: Jammu & Kashmir and Maharashtra
• Date: August 8, 2025

Mandates and Objectives:

• Mandates: Facilitate digital interstate trading of agricultural commodities via the eNAM platform between states.
• Objectives: Improve transparency, price discovery, and efficiency in agricultural marketing by connecting APMCs nationwide.

Important Terms Explained:

• eNAM (National Agriculture Market): A pan-India electronic trading portal launched by the Government of India to integrate APMCs and create a unified national market for agricultural commodities.
• APMC (Agricultural Produce Market Committee): A state-run marketing board established to ensure fair trading of agricultural produce by regulating markets and preventing exploitation of farmers.
• Price Discovery: The process of determining the price of a commodity through the interaction of buyers and sellers in a transparent market.

Tabular Summary:

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National Affairs – Daily Current Affairs August 08

20. When was the e-Visa facility with Electronic Travel Authorization (ETA) first launched in India?
A) 2005
B) 2010
C) 2014
D) 2016
E) 2019
Answer: C) 2014

Event and Location:

• Event: Expansion of India’s e-Visa system for foreign nationals.
• Location: India (covering 32 international airports and 6 major seaports).
• Date: 5 August 2025

Mandates and Objectives:

• Mandates: Government of India liberalized, streamlined, and simplified the visa regime by introducing and expanding the e-Visa facility for nationals of 172 countries. The system allows applications to be submitted entirely online for entry through designated airports and seaports.
• Objectives: To facilitate legitimate foreign travelers such as tourists, businesspersons, medical visitors, and students while strengthening internal security through enhanced technological infrastructure. To promote inbound tourism, investments, and bilateral relations on a reciprocity basis.

Important Terms Explained:

• E-Visa: An online visa application system allowing eligible foreign nationals to apply from anywhere without visiting an Indian embassy or consulate.
• Electronic Travel Authorization (ETA): An online pre-approval linked to a traveler’s passport, enabling entry into India for specific purposes such as tourism, business, or medical treatment.
• Reciprocity Basis: A principle under which visa relaxations or requirements are applied to nationals of other countries based on whether those countries offer similar treatment to Indian nationals.

Tabular Summary:

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21. Which company has received approval to establish a cold beverages and bottling facility in Vijayapura’s Mulawada Industrial Area Phase 2?
A) Suzlon
B) ReNew Power
C) Reliance Group’s Campa Cola
D) Wings Vitera
E) Melstar
Answer: C) Reliance Group’s Campa Cola

Event and Location:

• Event: Investment proposals worth ₹17,000 crore announced for industrial projects in Vijayapura district, Karnataka.
• Location: Vijayapura, Karnataka, India.
• Date: 5 August 2025

Mandates and Objectives:

• Mandates: Karnataka government announced multiple industrial investment approvals across Vijayapura and other districts, including projects in renewable energy, food processing, beverages, manufacturing, and aviation training.
• Objectives: To boost industrial growth, attract large-scale investments, generate employment, and promote Vijayapura as a key industrial hub leveraging opportunities from the ‘Invest Karnataka-25’ Global Investors Meet.

Important Terms Explained:

• Invest Karnataka-25: A state-level global investors meet aimed at attracting domestic and international investment into Karnataka across multiple sectors.
• Renewable Energy: Energy derived from natural sources such as sunlight, wind, and water, replenished naturally over short periods, reducing dependence on fossil fuels.
• Ethanol Manufacturing: The process of producing ethanol, often from sugarcane, for use as a biofuel or industrial raw material.

Tabular Summary:

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22. What is the theme of the Bharat Ratna Dr. M.S. Swaminathan Centenary International Conference inaugurated by PM Narendra Modi?
A) Green Revolution – The Path to Sustainability
B) Evergreen Revolution – The Path to Bio-Happiness
C) Agriculture for All – No Hunger by 2050
D) Food Security – The Global Mission
E) Natural Farming – Feeding the Future
Answer: B) Evergreen Revolution – The Path to Bio-Happiness

Event and Location:

• Event: Inauguration of the Bharat Ratna Dr. M.S. Swaminathan Centenary International Conference.
• Location: Pusa campus, New Delhi, India.
• Date: 7 August 2025

Mandates and Objectives:

• Mandates:
  • Organise a three-day international conference (August 7–9, 2025) to commemorate the birth centenary of Dr. M.S. Swaminathan.
  • Showcase his contributions to agricultural science and food security.
  • Launch and promote initiatives like Lab to Land, Krishi Chaupal, and Viksit Krishi Sankalp Abhiyan to bridge science and farming.
• Objectives:
  • Inspire future agricultural innovation following Dr. Swaminathan’s vision.
  • Strengthen farmer–scientist connect for higher productivity and sustainable farming.
  • Promote the National Mission on Natural Farming for long-term ecological and food security.

Important Terms Explained:

• Lab to Land: A campaign to directly connect scientific agricultural research with farmers, ensuring innovations reach the fields for practical application.
• Viksit Krishi Sankalp Abhiyan: A nationwide outreach program involving 2,170 scientist teams visiting over 64,000 villages and engaging with more than 1 crore farmers to promote modern, sustainable farming practices.
• National Mission on Natural Farming: A government mission aimed at promoting chemical-free, eco-friendly farming methods to ensure sustainable agricultural output for future generations.
• Green Revolution: A period in the 1960s–70s marked by the introduction of high-yield crop varieties, improved irrigation, and scientific farming methods, which transformed India from a food-deficient to a food-sufficient nation.

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23. How much revenue has PM Modi’s Mann Ki Baat programme generated since its inception?
A) ₹24.15 crore
B) ₹28.50 crore
C) ₹30.00 crore
D) ₹34.13 crore
E) ₹40.00 crore
Answer: D) ₹34.13 crore

Event and Location:

• Event: Revenue and audience engagement details of PM Modi’s Mann Ki Baat programme presented in Rajya Sabha.
• Location: India (nationwide broadcast).
• Date: 8 August 2025

Mandates and Objectives:

• Mandates:
  • Use Mann Ki Baat as a monthly radio platform to highlight stories of grassroots achievers and inspire citizen participation in nation-building.
  • Disseminate the programme through Akashvani, Doordarshan, DD Free Dish, YouTube, OTT, and mobile apps without incurring additional production expenditure.
• Objectives:
  • Celebrate and promote community-led initiatives across sectors like education, health, environment, and innovation.
  • Encourage civic engagement, unity, and awareness through inspirational storytelling.
  • Expand accessibility to urban, rural, and remote audiences in multiple languages and formats.

Important Terms Explained:

• Mann Ki Baat: A monthly radio address by the Prime Minister of India, launched in October 2014, aimed at engaging with citizens and sharing stories of positive change.
• Akashvani (All India Radio): India’s national public radio broadcaster, under Prasar Bharati, responsible for live transmission of Mann Ki Baat across national and regional networks.
• Prasar Bharati OTT – WAVES: An online streaming platform of India’s public broadcaster providing live and archived content, including Mann Ki Baat.

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24. What is the theme of the M.S. Swaminathan Centenary International Conference addressed by PM Narendra Modi?
A) Green Revolution – A New Era
B) Sustainable Agriculture for All
C) Evergreen Revolution – The Pathway to Biohappiness
D) Food Security – The Global Vision
E) Farmers First – Nation First
Answer: C) Evergreen Revolution – The Pathway to Biohappiness

Event and Location:

• Event: PM Narendra Modi’s address at the M.S. Swaminathan Centenary International Conference.
• Location: ICAR PUSA, New Delhi, India.
• Date: 7 August 2025

Mandates and Objectives:

• Mandates:
  • Honour the birth centenary of Dr. M.S. Swaminathan, father of India’s Green Revolution.
  • Discuss key agricultural challenges and solutions in areas like biodiversity, nutritional security, climate resilience, and farmer welfare.
  • Launch the M.S. Swaminathan Award for Food and Peace and present its first edition.
• Objectives:
  • Continue Swaminathan’s vision of combining science and agriculture to ensure both food and nutritional security.
  • Promote sustainable, climate-resilient, and eco-friendly farming practices.
  • Empower small farmers, women, and rural communities through technology, diversification, and market access.

Important Terms Explained:

• Evergreen Revolution: A concept proposed by Dr. Swaminathan for increasing agricultural productivity in a sustainable manner without harming the environment.
• Biohappiness: Dr. Swaminathan’s idea of using biodiversity to create livelihood opportunities and improve community well-being while preserving ecosystems.
• M.S. Swaminathan Award for Food and Peace: An international award recognising individuals from developing countries for outstanding contributions to food security, climate justice, and equity through science and grassroots engagement.

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25. Which new initiative will be supported under the AIM–Bhashini collaboration to promote vernacular innovation?
A) Digital India Startup Fund
B) Language Inclusive Program for Innovation (LIPI)
C) National Vernacular Innovation Portal (NVIP)
D) Atal Digital Innovation Challenge (ADIC)
E) Bharat Language Tech Mission
Answer: B) Language Inclusive Program for Innovation (LIPI)

Event and Location:

• Event: Signing of Statement of Intent between Atal Innovation Mission (AIM) and Bhashini to promote vernacular innovation.
• Location: New Delhi, India.
• Date: 7 August 2025

Mandates and Objectives:

• Mandates:
  • Integrate Bhashini’s language technologies into AIM’s nationwide innovation and entrepreneurship programmes.
  • Translate World Intellectual Property Organization (WIPO) Academy content into multiple Indian languages using Bhashini’s tools.
  • Support multilingual product development through tools, sandbox environments, and grassroots capacity building.
• Objectives:
  • Break language barriers in India’s innovation ecosystem.
  • Empower innovators, startups, and grassroots entrepreneurs regardless of linguistic background.
  • Foster inclusive growth through accessible skilling and technology resources.

Important Terms Explained:

• Atal Innovation Mission (AIM): A NITI Aayog flagship initiative to promote a culture of innovation and entrepreneurship across India through programs like Atal Incubation Centres (AICs) and Atal Community Innovation Centres (ACICs).
• Bhashini: Digital India’s language translation and speech recognition platform under MeitY, aimed at enabling real-time translation and voice-based services in Indian languages.
• Language Inclusive Program for Innovation (LIPI): A planned initiative under AIM–Bhashini partnership to integrate language inclusivity into innovation and entrepreneurship support systems.

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Over All Review

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