Daily Current Affairs August 27

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August 27 | Daily Current Affairs 2025

Important Days – Daily Current Affairs August 27

1. On which date is International Dog Day celebrated annually to promote adoption and raise awareness about dog welfare?
A) August 15
B) September 26
C) August 26
D) July 1
E) October 4
Answer: C) August 26

Event and Location:

• Event: Celebration of International Dog Day and rise of dog influencers in India
• Location: Nationwide (India); Observed Globally
• Date: August 26, 2025

Mandates and Objectives:

• Mandates: International Dog Day was observed across India with rising attention to dog influencers, while also spotlighting adoption, animal welfare, and anti-cruelty advocacy.
• Objectives: To promote dog adoption, discourage unethical breeding, honour working and service dogs, and highlight the emerging role of dogs as social media influencers and contributors to digital content.

Important Terms Explained:

• International Dog Day: Celebrated every August 26, the day was founded in 2004 by Colleen Paige, an animal welfare advocate, to raise awareness about adopting dogs and appreciating their role in human society.
• Dogfluencers: Social media accounts managed by pet parents showcasing their dogs’ everyday activities, which often lead to brand deals, collaborations, and awareness campaigns, making dogs online celebrities.
• Barter Collaboration: A type of influencer marketing where instead of payment, brands offer free products like food, toys, or accessories in exchange for promotional posts.

Tabular Summary:

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Sports – Daily Current Affairs August 27

2. Which city has been proposed as the host for the 2030 Commonwealth Games in India, as per the Union Cabinet’s approval in August 2025?
A) Delhi
B) Bengaluru
C) Mumbai
D) Ahmedabad
E) Hyderabad
Answer: D) Ahmedabad

Event and Location:

• Event: Cabinet approval for India’s bid to host the 2030 Commonwealth Games
• Location: New Delhi (decision); Ahmedabad (proposed host city)
• Date: August 27, 2025

Mandates and Objectives:

• Mandates: The Union Cabinet, chaired by Prime Minister Narendra Modi, approved India’s formal bid to host the 2030 Commonwealth Games (CWG), proposing Ahmedabad as the host city.
• Objectives: To secure the opportunity to host CWG 2030, enhance India’s international sports profile, boost infrastructure development, and create lasting economic, tourism, and employment benefits through a global sporting event.

Important Terms Explained:

• Commonwealth Games (CWG): A multi-sport international event involving athletes from the Commonwealth of Nations. It is held every four years and is one of the world’s largest sporting events.
• Host Collaboration Agreement (HCA): A formal agreement signed between the host nation and the Commonwealth Games Federation, detailing the responsibilities and guarantees for organizing the event.
• Sardar Vallabhbhai Patel Sports Enclave: A mega sports infrastructure project in Ahmedabad, designed to include the Narendra Modi Stadium, aquatics centre, football stadium, and indoor arenas, in preparation for major international sports events like CWG and Olympics.

Tabular Summary:

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3. Which Indian athlete won gold at the 2025 Commonwealth Weightlifting Championships and qualified for Glasgow 2026?
A) Jeremy Lalrinnunga
B) Sanjita Chanu
C) Mirabai Chanu
D) Bindyarani Devi
E) Rakhi Halder
Answer: C) Mirabai Chanu

Event and Location:

• Event: Mirabai Chanu wins gold at 2025 Commonwealth Weightlifting Championships
• Location: Ahmedabad, Gujarat, India
• Date: August 26, 2025

Mandates and Objectives:

• Mandates: Mirabai Chanu lifted a record-breaking 193kg total (84kg in snatch, 109kg in clean and jerk) in the women’s 48kg category, clinching gold at the 2025 Commonwealth Weightlifting Championships.
• Objectives: To secure a direct qualification for the Glasgow 2026 Commonwealth Games, demonstrate a strong return to form after a competitive break, and further establish India’s weightlifting dominance on the international stage.

Important Terms Explained:

• Snatch: A single-movement Olympic lift where the weightlifter lifts the barbell from the floor to overhead in one motion.
• Clean and Jerk: A two-part Olympic lift — first, lifting the barbell to the shoulders (clean), followed by lifting it overhead (jerk).
• Commonwealth Weightlifting Championships: A qualifying event for the Commonwealth Games, involving athletes from Commonwealth nations competing in various weight categories.

Tabular Summary:

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4. Where will the 2025 Men’s Hockey Asia Cup be hosted, marking the state’s first international hockey event?
A) Patna
B) Lucknow
C) Ranchi
D) Rajgir
E) Bhubaneswar
Answer: D) Rajgir

Event and Location:

• Event: Trophy unveiling of the Men’s Hockey Asia Cup 2025 by Union Sports Minister
• Location: Trophy unveiled in New Delhi; Tournament venue: Rajgir, Bihar
• Date: Trophy unveiled on August 27, 2025; tournament from August 29 to September 7, 2025

Mandates and Objectives:

• Mandates: Union Minister Mansukh Mandaviya unveiled the Men’s Hockey Asia Cup 2025 Trophy, with Bihar’s Rajgir Hockey Stadium selected as the host venue for the tournament.
• Objectives: To promote hockey in eastern India, debut Bihar as an international sports host, and conduct a qualifier for the 2026 FIH Men’s Hockey World Cup.

Important Terms Explained:

• Hockey Asia Cup: A premier men’s field hockey tournament organized by the Asian Hockey Federation. It serves as a major qualifier for the FIH Men’s Hockey World Cup.
• FIH (Fédération Internationale de Hockey): The global governing body for field hockey, headquartered in Lausanne, Switzerland.
• World Cup Qualifier: A tournament where top-placing teams earn direct or secondary qualification to the Hockey World Cup, depending on their final positions.

Tabular Summary:

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5. Which Indian state will host the FIDE World Cup 2025 from October 30 to November 27?
A) Maharashtra
B) Gujarat
C) West Bengal
D) Goa
E) Tamil Nadu
Answer: D) Goa

Event and Location:

• Event: Goa selected to host FIDE World Cup 2025 chess tournament
• Location: Goa, India
• Date: August 26, 2025 (Announcement)

Mandates and Objectives:

• Mandates: The FIDE World Cup 2025 will be held in Goa from October 30 to November 27, with 206 players competing in a knockout format for a $2 million prize pool and three spots in the 2026 Candidates Tournament.
• Objectives: To showcase India’s rising stature in international chess, promote sports tourism, inspire new talent, and boost India’s global image as a host of world-class chess events.

Important Terms Explained:

• FIDE World Cup: A prestigious global chess tournament organized by the International Chess Federation (FIDE) in a knockout format, often serving as a qualifier for the Candidates Tournament.
• Candidates Tournament: A high-level chess event where the top finishers challenge the reigning world champion for the title.
• Chess Olympiad: A biennial global team event in chess where national teams compete; India won both Open and Women’s sections in 2024.

Tabular Summary:

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Ranking – Daily Current Affairs August 27

6. As per EY’s August 2025 Economy Watch report, when is India expected to become the second-largest economy in PPP terms and at what projected GDP value?
A) By 2028 at USD 20.7 trillion
B) By 2030 at USD 34.2 trillion
C) By 2038 at USD 34.2 trillion
D) By 2047 at USD 40 trillion
E) By 2030 at USD 14.2 trillion
Answer: C) By 2038 at USD 34.2 trillion

Event and Location:

• Event: EY projects India to become 2nd-largest economy in PPP terms
• Location: India (based on global economic analysis)
• Date: August 27, 2025

Mandates and Objectives:

• Mandates: EY published the August 2025 edition of its Economy Watch report, outlining India’s future economic growth projections in purchasing power parity (PPP) terms.
• Objectives: To evaluate India’s potential to surpass other global economies based on its strong fundamentals, while assessing the impact of recent US-imposed tariffs on Indian exports.

Important Terms Explained:

• Purchasing Power Parity (PPP): A metric that compares the relative value of currencies by evaluating the cost of a standard set of goods and services across countries, allowing a more accurate economic comparison.
• Gross Domestic Product (GDP): The total value of all goods and services produced within a country in a given year, often used to measure economic health and growth.
• Tariffs: Government-imposed duties on imported goods; in this context, the US imposed a 50% tariff on selected Indian exports which could slightly impact India’s GDP growth.

Tabular Summary:

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Banking and Finance – Daily Current Affairs August 27

7. Which bank has launched its first startup-focused branch in New Delhi and signed an MoU with STPI for supporting eligible startups?
A) Bank of Baroda
B) ICICI Bank
C) State Bank of India
D) Punjab National Bank
E) HDFC Bank
Answer: D) Punjab National Bank

Event and Location:

• Event: Launch of Punjab National Bank’s first startup-centric branch
• Location: New Delhi, India
• Date: August 27, 2025

Mandates and Objectives:

• Mandates: Punjab National Bank (PNB) has inaugurated its first dedicated startup branch in New Delhi, aimed at providing tailored banking solutions to startups. An MoU was also signed between PNB and Software Technology Parks of India (STPI) to extend financial support to eligible startups.
• Objectives: To enhance access to financial services for startups and promote innovation and entrepreneurship aligned with the Startup India initiative.

Important Terms Explained:

• Startup India: A flagship initiative of the Government of India launched in 2016 to promote startup culture by offering regulatory, financial, and incubation support to emerging businesses.
• MoU (Memorandum of Understanding): A formal agreement between two or more parties to establish a collaborative partnership. In this case, between PNB and STPI for startup support.
• STPI (Software Technology Parks of India): An autonomous society under the Ministry of Electronics and Information Technology, supporting the IT and startup ecosystem through incubation, infrastructure, and policy support.

Tabular Summary:

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8. What is the main objective of the RBI’s Inflation Expectations Survey of Households (IESH)?
A) To collect data on GDP growth
B) To identify investment patterns
C) To understand household inflation expectations
D) To assess employment trends
E) To measure bank credit expansion
Answer: C) To understand household inflation expectations

Event and Location:

• Event: Launch of the September 2025 round of Inflation Expectations Survey of Households (IESH)
• Location: 19 major cities across India
• Date: August 26, 2025

Mandates and Objectives:

• Mandates:
  • The Reserve Bank of India (RBI) initiated the Inflation Expectations Survey of Households (IESH) for September 2025 across 19 cities.
  • A Mumbai-based agency is conducting door-to-door data collection, while online participation is also open via the RBI website.
• Objectives:
  • To gather qualitative and quantitative responses on household expectations of price movement over the next 3 months and 1 year.
  • To use these insights as inputs for monetary policy decisions aimed at inflation targeting.

Important Terms Explained:

• Inflation Expectations Survey of Households (IESH):
  • A quarterly survey conducted by RBI to understand how households perceive inflation trends in India.
  • It includes both general and product-specific price change perceptions for better monetary policy inputs.
• Monetary Policy:
  • The process by which the central bank controls the money supply, interest rates, and inflation to ensure economic stability and growth.
  • Survey data helps RBI in inflation targeting, which is central to India’s monetary policy framework.
• Inflation Targeting:
  • A monetary policy strategy used by central banks to keep inflation within a specific target range, currently 4% ± 2% for India.

Tabular Summary:

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9. What is the current CPI inflation target set by the RBI under the Flexible Inflation Targeting (FIT) framework?
A) 3 percent
B) 4 percent
C) 5 percent
D) 6 percent
E) 2 percent
Answer: B) 4 percent

Event and Location:

• Event: RBI releases discussion paper on inflation targeting framework
• Location: India (National)
• Date: August 21, 2025

Mandates and Objectives:

• Mandates: The Reserve Bank of India (RBI) has issued a discussion paper to seek public opinion on whether headline inflation or core inflation should guide monetary policy and whether the current 4% CPI inflation target and ±2% tolerance band remain optimal.
• Objectives: To reassess the Flexible Inflation Targeting (FIT) framework’s relevance in India’s changing macroeconomic context, enhance monetary policy credibility, and ensure inflation control without compromising economic growth.

Important Terms Explained:

• Headline Inflation: Inflation measured by the Consumer Price Index (CPI) that includes all items such as food and fuel, which are often volatile.
• Core Inflation: Inflation that excludes food and fuel prices, offering a more stable indicator of long-term inflation trends.
• Flexible Inflation Targeting (FIT): A monetary policy framework where central banks set an explicit inflation target (currently 4%) and adjust interest rates to maintain inflation within a tolerance band.

Tabular Summary:

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Business and Economy – Daily Current Affairs August 27

10. Which company awarded Markolines a ₹100-crore road maintenance contract in Andhra Pradesh in August 2025?
A) L&T Infra
B) Trans Metalite India
C) GMR Roads
D) NHAI
E) Ashoka Buildcon
Answer: B) Trans Metalite India

Event and Location:

• Event: Markolines secures ₹100-crore road maintenance contract in Andhra Pradesh
• Location: Andhra Pradesh (project location); Mumbai (company HQ)
• Date: August 27, 2025

Mandates and Objectives:

• Mandates: Markolines Pavement Technologies secured a ₹100 crore contract from Trans Metalite India Ltd for patch repair and road maintenance in Andhra Pradesh.
• Objectives: To execute road maintenance works over a 5-year period while expanding the company’s order book and leveraging India’s infrastructure growth momentum.

Important Terms Explained:

• Preventive Maintenance: A proactive infrastructure management approach that involves regular upkeep and servicing to prevent major road damage and extend pavement life.
• Micro-surfacing: A road surface treatment technique using a mixture of asphalt emulsion, crushed stone, water, and additives, applied in thin layers to improve surface texture and durability.
• Cold In-place Recycling: An eco-friendly road repair technique where existing pavement material is reused on-site to repair and rebuild the road surface, reducing material costs and emissions.

Tabular Summary:

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11. What profit did India Post Payments Bank (IPPB) record for the financial year 2025?
A) ₹200 crore
B) ₹100 crore
C) ₹134 crore
D) ₹175 crore
E) ₹85 crore
Answer: C) ₹134 crore

Event and Location:

• Event: Review of India Post and IPPB performance; IPPB reports ₹134 crore profit
• Location: New Delhi, India
• Date: August 27, 2025

Mandates and Objectives:

• Mandates: Minister of State for Communications, Dr. Chandra Sekhar Pemmasani, reviewed the performance of India Post and India Post Payments Bank (IPPB) with a focus on financial inclusion, digital access, and last-mile service delivery.
• Objectives: To assess digital initiatives, improve doorstep banking, and highlight the performance of IPPB in achieving sustainable profitability and widespread customer outreach, especially in rural and underserved regions.

Important Terms Explained:

• India Post Payments Bank (IPPB): A public sector payments bank launched in 2018 under the Department of Posts, Ministry of Communications. It aims to provide accessible, affordable, and trusted banking services using India Post’s wide rural network.
• Aadhaar-enabled Payment System (AePS): A banking platform that allows customers to perform basic banking transactions using only their Aadhaar number and biometric authentication.
• Phygital Banking: A hybrid approach combining physical infrastructure (like post offices and doorstep services) with digital tools (like apps and biometric systems) for inclusive banking.

Tabular Summary:

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12. Which location has been selected as the global production hub for Suzuki’s electric vehicle e-Vitara?
A) Pune
B) Manesar
C) Hansalpur
D) Bhiwadi
E) Sanand
Answer: C) Hansalpur

Event and Location:

• Event: Suzuki announces ₹70,000 crore investment in India and launches electric e-Vitara
• Location: Hansalpur, Gujarat
• Date: August 26, 2025

Mandates and Objectives:

• Mandates: Suzuki will invest ₹70,000 crore in India over six years, including ₹3,200 crore for a dedicated electric vehicle (EV) line at its Hansalpur plant. The plant will export e-Vitara to over 100 countries, and the TDSG plant will manufacture lithium-ion cells locally.
• Objectives: The initiative aims to position India as a global hub for EV production, support the Make in India mission, advance EV exports, enable deep localisation of battery manufacturing, and support the PM E-Drive scheme for hybrid EVs and e-ambulances.

Important Terms Explained:

• Battery Electric Vehicle (BEV): A vehicle powered entirely by electricity with zero tailpipe emissions, relying on rechargeable battery packs.
• TDSG Plant: A joint venture between Toshiba, Denso, and Suzuki to manufacture lithium-ion battery cells with electrode-level localisation in Gujarat.
• PM E-Drive Scheme: A government initiative with ₹11,000 crore outlay to promote adoption of electric vehicles, including retrofitting old ambulances into hybrid EVs.

Tabular Summary:

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Appointments – Daily Current Affairs August 27

13. Who has been appointed as the new Managing Director of Solar Energy Corporation of India (SECI) in August 2025?
A) Rajiv Gauba
B) Santosh Sarangi
C) Akash Tripathi
D) Alok Kumar
E) Vinay Kumar Tripathi
Answer: C) Akash Tripathi

Event and Location:

• Event: Appointment of Akash Tripathi as Managing Director of SECI
• Location: New Delhi, India
• Date: August 27, 2025

Mandates and Objectives:

• Mandates: The Appointments Committee of the Cabinet (ACC) approved the appointment of Akash Tripathi, IAS (1998 batch), as the new Managing Director of the Solar Energy Corporation of India (SECI).
• Objectives: To enhance leadership capacity at SECI for efficient execution of renewable energy programs across solar, wind, energy storage, green hydrogen, and offshore wind segments under MNRE’s mandates.

Important Terms Explained:

• SECI (Solar Energy Corporation of India): A public sector undertaking under the Ministry of New and Renewable Energy (MNRE) responsible for implementing India’s renewable energy programmes through competitive bidding and project development.
• Green Hydrogen: A form of hydrogen fuel created using renewable energy (like solar or wind) via electrolysis, considered critical to decarbonisation of industries and transport.
• Appointments Committee of the Cabinet (ACC): A high-level committee in the Government of India that approves senior bureaucratic appointments in ministries and public sector undertakings.

Tabular Summary:

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14. Who has been approved by the Lithuanian parliament as the new Prime Minister in August 2025?
A) Gitanas Nauseda
B) Ingrida Simonyte
C) Inga Ruginiene
D) Dalia Grybauskaite
E) Vytautas Landsbergis
Answer: C) Inga Ruginiene

Event and Location:

• Event: Appointment of Inga Ruginiene as Prime Minister of Lithuania
• Location: Lithuania
• Date: August 27, 2025

Mandates and Objectives:

• Mandates: The Lithuanian Parliament approved Inga Ruginiene, a Social Democrat and the current minister of social security and labour, as the new Prime Minister of Lithuania.
• Objectives: To initiate a new executive government with a focus on social development and labour reforms; she must present a proposed cabinet to the Parliament within 15 days for final approval.

Important Terms Explained:

• Lithuanian Parliament: The legislative body of Lithuania, responsible for approving laws and confirming government appointments.
• Prime Minister: The head of government in Lithuania, appointed by the President and confirmed by the Parliament.
• Lithuanian Trade Union Confederation: The largest national trade union organisation in Lithuania; Inga Ruginiene served as its chair before her political career.

Tabular Summary:

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Science and Technology – Daily Current Affairs August 27

15. What milestone did SpaceX achieve during its 10th Starship test flight on August 26, 2025?
A) First crewed lunar landing
B) First successful launch and deployment of satellites
C) First booster landing on Mars
D) First midair capture of Starship
E) First human orbital flight
Answer: B) First successful launch and deployment of satellites

Event and Location:

• Event: Successful Starship launch and satellite deployment by SpaceX
• Location: Starbase, Texas, USA
• Date: August 26, 2025

Mandates and Objectives:

• Mandates: SpaceX successfully launched its Starship rocket on the 10th test flight, deployed dummy satellites, and conducted several in-flight tests before splashdown.
• Objectives: To demonstrate Starship’s ability to reach orbit, deploy satellites, perform engine restarts, test heat shield durability, and pave the way for future missions to the Moon and Mars.

Important Terms Explained:

• Starship: The fully reusable next-generation launch system developed by SpaceX, designed to carry humans and cargo to Earth orbit, the Moon, and Mars. It is the largest and most powerful rocket ever built.
• Super Heavy Booster: The first-stage booster for Starship, responsible for launching the spacecraft into orbit and then returning to Earth for reuse.
• Heat Shield Tiles: Protective ceramic tiles installed on Starship’s surface to protect it during re-entry into Earth’s atmosphere by withstanding extreme heat and friction.

Tabular Summary:

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16. Which satellite internet provider has been onboarded by UIDAI to use Aadhaar authentication for customer verification in India?
A) OneWeb
B) HughesNet
C) Starlink
D) Viasat
E) Airtel Xstream
Answer: C) Starlink

Event and Location:

• Event: UIDAI onboards Starlink for Aadhaar-based customer verification
• Location: India (National scope)
• Date: August 20, 2025

Mandates and Objectives:

• Mandates: Starlink Satellite Communication Pvt Ltd has been appointed as a Sub-Authentication User Agency (Sub-AUA) and Sub-eKYC User Agency by UIDAI to use Aadhaar authentication for onboarding customers in India.
• Objectives: To enable secure, paperless, and KYC-compliant onboarding of Starlink internet users using India’s trusted Aadhaar-based digital identity infrastructure.

Important Terms Explained:

• UIDAI: The Unique Identification Authority of India, responsible for issuing and managing Aadhaar numbers for residents of India.
• Aadhaar e-KYC: An electronic Know Your Customer process that uses Aadhaar credentials to authenticate users digitally for services like telecom, banking, and now satellite internet.
• Sub-AUA / Sub-eKYC User Agency: Agencies permitted by UIDAI to perform Aadhaar-based authentication and electronic KYC through licensed AUAs/KUAs.

Tabular Summary:

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International Affairs – Daily Current Affairs August 27

17. Which sectors are most affected by the 50% US tariff imposed on Indian goods from August 27, 2025?
A) Pharmaceuticals and electronics
B) Textiles and gems & jewellery
C) Automobiles and software services
D) Agriculture and steel
E) Petrochemicals and telecom
Answer: B) Textiles and gems & jewellery

Event and Location:

• Event: US imposes 50% tariff on Indian goods; Indian industry sees reform potential
• Location: India–United States trade relations
• Date: August 27, 2025

Mandates and Objectives:

• Mandates: The United States has imposed a 50% tariff on several categories of Indian goods, affecting key export sectors from India.
• Objectives: To respond to global trade imbalances while also creating a challenge for India to reform its trade policies, strengthen domestic manufacturing, and diversify export markets.

Important Terms Explained:

• Tariff: A tax imposed by one country on the goods and services imported from another; here, a 50% tariff affects Indian exports to the US, increasing cost and reducing competitiveness.
• GST Reforms: Proposed next-generation changes in India’s Goods and Services Tax system aimed at simplifying tax compliance, expanding the tax base, and accelerating economic growth.
• Atmanirbhar Bharat: A national initiative to promote self-reliance in manufacturing and supply chains, encouraging domestic production and reduced dependency on imports.

Tabular Summary:

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18. According to Union Minister Kirti Vardhan Singh at the 20th CII India-Africa Business Conclave, what is the total value of India-Africa bilateral trade in 2024–25?
A) USD 56 billion
B) USD 75 billion
C) USD 90 billion
D) USD 100 billion
E) USD 120 billion
Answer: D) USD 100 billion

Event and Location:

• Event: 20th CII India-Africa Business Conclave and bilateral trade milestone announcement
• Location: New Delhi, India
• Date: August 27, 2025

Mandates and Objectives:

• Mandates: Union Minister Kirti Vardhan Singh announced that India-Africa trade has crossed USD 100 billion during his address at the 20th CII India-Africa Business Conclave.
• Objectives: To highlight India’s growing trade and investment relationship with Africa, reaffirm developmental support through loans, grants, education initiatives, and clean energy cooperation, and promote the theme of “Co-creating a Shared Future.”

Important Terms Explained:

• CII (Confederation of Indian Industry): A leading industry association in India that organizes business conclaves and trade partnerships, such as the India-Africa Business Conclave.
• Duty Free Tariff Preference (DFTP) Scheme: A preferential trade scheme by India that offers duty-free access to 98.2% of India’s tariff lines for 33 Least Developed Countries (LDCs) in Africa.
• AfCFTA (African Continental Free Trade Area): A trade agreement among African nations aiming to create a single continental market, facilitating easier trade and investment flows across Africa.

Tabular Summary:

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19. What key area was a major focus during the India-US 2+2 Intersessional Dialogue held in August 2025?
A) Space exploration
B) Cyber warfare treaties
C) Critical minerals exploration
D) Maritime boundary disputes
E) Agricultural trade
Answer: C) Critical minerals exploration

Event and Location:

• Event: India-US 2+2 Intersessional Dialogue focused on strategic cooperation
• Location: Held virtually (India and United States)
• Date: August 25, 2025 (Dialogue); August 27, 2025 (MEA release)

Mandates and Objectives:

• Mandates: India and the United States conducted the 2+2 Intersessional Dialogue, co-chaired by senior officials from both nations to review and expand bilateral cooperation across key strategic sectors.
• Objectives: To enhance collaboration in critical minerals exploration, defence, trade, energy security, civil-nuclear cooperation, and regional security through the Quad and COMPACT frameworks.

Important Terms Explained:

• 2+2 Dialogue: A strategic-level bilateral consultation format where defence and foreign affairs officials from both countries jointly discuss key issues of mutual interest.
• Critical Minerals Exploration: The process of identifying and securing rare-earth and other essential minerals critical for clean energy, electronics, and defence applications.
• India-US COMPACT: Stands for Catalysing Opportunities for Military Partnership, Accelerated Commerce & Technology, aimed at enhancing defence, commerce, and technology cooperation between India and the US.

Tabular Summary:

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20. What is the Government of India finalising under its energy transition plan, as highlighted at the Indo-American Chamber of Commerce’s energy summit in August 2025?
A) Green Hydrogen Export Policy
B) Nuclear Expansion Plan
C) CCUS Mission Roadmap and Funding Outlay
D) Wind-Solar Hybrid Mission
E) National Bio-Ethanol Programme
Answer: C) CCUS Mission Roadmap and Funding Outlay

Event and Location:

• Event: Government of India finalising roadmap and funding outlay for CCUS Mission
• Location: New Delhi, India (Indo-American Chamber of Commerce’s Energy Summit)
• Date: August 26, 2025

Mandates and Objectives:

• Mandates: The Government of India, in collaboration with NITI Aayog, is finalising the Carbon Capture, Utilisation and Storage (CCUS) Mission, including a comprehensive roadmap and funding outlay.
• Objectives: To position CCUS as a key tool in India’s decarbonisation strategy, targeting heavy industrial emissions, and helping India meet its net-zero and energy transition goals by exploring its 600 Gt CO₂ storage potential.

Important Terms Explained:

• CCUS (Carbon Capture, Utilisation and Storage): A set of technologies that capture carbon dioxide emissions from industrial sources, reuse it, or store it underground to prevent it from entering the atmosphere.
• NITI Aayog: The premier policy think tank of the Government of India responsible for providing strategic direction on economic, environmental, and developmental issues.
• Compressed Biogas (CBG): A renewable fuel produced from organic waste through anaerobic digestion; used as an alternative to natural gas in vehicles and industries.

Tabular Summary:

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21. Which bloc has India signed a Terms of Reference with to begin Free Trade Agreement negotiations in August 2025?
A) ASEAN
B) European Union
C) EAEU
D) SAARC
E) BRICS
Answer: C) EAEU

Event and Location:

• Event: India and EAEU sign Terms of Reference to begin FTA negotiations
• Location: Moscow, Russia
• Date: August 22, 2025

Mandates and Objectives:

• Mandates: India and the Eurasian Economic Union (EAEU) signed the Terms of Reference (ToR) to formally initiate Free Trade Agreement (FTA) negotiations.
• Objectives: To strengthen bilateral trade, support MSMEs, increase investment opportunities, diversify trade sectors, and expand India’s economic presence in the Eurasian region.

Important Terms Explained:

• Free Trade Agreement (FTA): A treaty between two or more nations to reduce trade barriers, such as tariffs and import quotas, enabling increased exchange of goods and services.
• EAEU (Eurasian Economic Union): A regional economic bloc comprising Armenia, Belarus, Kazakhstan, Kyrgyz Republic, and Russia, focused on economic integration and free movement of goods and services.
• MSMEs (Micro, Small, and Medium Enterprises): Businesses that contribute significantly to employment and exports; the FTA aims to offer them better market access and global competitiveness.

Tabular Summary:

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22. What is the name of Iran’s two-day missile drill conducted in the northern Indian Ocean and Sea of Oman in August 2025?
A) Operation Hormuz Shield
B) Casarex 2025
C) Sustainable Power 1404
D) Nasir-Qadir Strike
E) Iranian Naval Surge
Answer: C) Sustainable Power 1404

Event and Location:

• Event: Iran conducts two-day missile drill titled “Sustainable Power 1404”
• Location: Northern Indian Ocean and Sea of Oman
• Date: August 22, 2025

Mandates and Objectives:

• Mandates: Iran launched a military exercise involving missile launches, warships, electronic warfare brigades, and naval assets.
• Objectives: To enhance combat readiness, reinforce deterrence, and test precision-strike cruise missiles after recent regional conflicts.

Important Terms Explained:

• Sustainable Power 1404: Name of Iran’s latest naval and missile drill focused on improving maritime military strength and deterrence.
• Nasir and Qadir Missiles: Iranian-made precision-strike cruise missiles used for targeting naval assets and enhancing missile capability.
• IRIN and IRGCN: Two branches of Iran’s naval forces; IRIN is part of the regular army and operates in open seas, while IRGCN manages asymmetric naval operations in the Persian Gulf.

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Schemes – Daily Current Affairs August 27

23. Under the CM-KISAN scheme in Odisha, how much financial assistance was disbursed to over 51 lakh farmers ahead of the Rabi crop season in August 2025?
A) ₹501 crore
B) ₹850 crore
C) ₹1,041 crore
D) ₹1,200 crore
E) ₹960 crore
Answer: C) ₹1,041 crore

Event and Location:

• Event: Disbursement of ₹1,041 crore under CM-KISAN scheme to over 51 lakh farmers
• Location: Bhubaneswar, Odisha
• Date: August 27, 2025

Mandates and Objectives:

• Mandates: Odisha Chief Minister Mohan Charan Majhi disbursed ₹1,041 crore to 51 lakh small and marginal farmers as the third installment of CM-KISAN Yojana, ahead of the Rabi season.
• Objectives: To provide direct financial support to small and marginal farmers for seasonal agricultural expenses and to enhance their overall income through targeted welfare schemes.

Important Terms Explained:

• CM-KISAN Yojana: A direct benefit scheme by the Odisha government offering ₹4,000 annually in two installments to small and marginal farmers, launched after BJP took power in June 2024.
• Direct Benefit Transfer (DBT): A system through which subsidies or payments are directly deposited into beneficiaries’ bank accounts, eliminating middlemen and ensuring transparency.
• MSP (Minimum Support Price): The price at which the government purchases crops from farmers, intended to ensure a minimum profit for their harvest; paddy MSP is currently ₹2,300 per quintal in Odisha.

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National Affairs – Daily Current Affairs August 27

24. Where is the third edition of the Uttar Pradesh International Trade Show 2025 scheduled to take place?
A) Lucknow
B) Kanpur
C) India Expo Mart, Greater Noida
D) Varanasi Trade Hub
E) Prayagraj Convention Centre
Answer: C) India Expo Mart, Greater Noida

Event and Location:

• Event: Uttar Pradesh International Trade Show 2025 preparations and global outreach
• Location: Greater Noida, Uttar Pradesh
• Date: September 25–29, 2025 (event dates); August 27, 2025 (announcement date)

Mandates and Objectives:

• Mandates: The Uttar Pradesh government is organizing the third edition of the Uttar Pradesh International Trade Show (UPITS) 2025 with extensive outreach efforts through Indian embassies, branding campaigns, and promotional activities.
• Objectives: To attract global investors, showcase industrial projects like ODOP, the Defence Industrial Corridor, and new policies, while positioning Uttar Pradesh as a global manufacturing and innovation hub.

Important Terms Explained:

• One District One Product (ODOP): A flagship initiative by the Uttar Pradesh government to promote unique, specialized products from each district to boost local manufacturing, employment, and exports.
• Defence Industrial Corridor: A strategically planned infrastructure corridor in Uttar Pradesh aimed at promoting defence manufacturing and reducing dependence on imports, while encouraging investment in the sector.
• Hosted Buyer Programme: A promotional business tool designed to invite key buyers from domestic and international markets, offering them hospitality and a platform to interact with exhibitors and local manufacturers.

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25. How many countries are targeted under India’s new outreach programme to boost textile exports amid the US 50% tariff imposition?
A) 25
B) 30
C) 35
D) 40
E) 45
Answer: D) 40

Event and Location:

• Event: India launches outreach in 40 countries to boost textile exports
• Location: New Delhi; global outreach across 40 countries
• Date: August 27, 2025

Mandates and Objectives:

• Mandates: The Government of India, through its Export Promotion Councils (EPCs) and Indian Missions, is initiating outreach programmes in 40 countries to promote textile exports in response to the US’s 50% tariff hike on Indian goods.
• Objectives: To mitigate the impact of the steep US tariffs by diversifying export markets, improving India’s market share in high-potential textile-importing countries, and promoting sustainable, innovative textile products under the Brand India strategy.

Important Terms Explained:

• Export Promotion Councils (EPCs): Government-recognised bodies responsible for promoting and facilitating Indian exports across various sectors through trade fairs, policy support, and market development.
• Free Trade Agreement (FTA): A pact between two or more countries to reduce trade barriers such as tariffs and import quotas, thereby making exports more competitive in partner markets.
• Duty-Free Tariff Preference (DFTP): A scheme offering tariff-free access to Indian goods in least developed countries; India’s own exports benefit from similar concessions under FTAs.

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Over All Review

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