Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2024 of 07th August 2024. Daily GK quiz online for bank & competitive exam. Here we have given the Daily Current Affairs Quiz based on the previous days Daily Current Affairs updates. Candidates preparing for IBPS, SBI, RBI, RRB, SSC Exam 2024 & other competitive exams can make use of these Current Affairs Quiz.

 

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1) Since 2014, 78 Urban Cooperative Banks (UCBs) have had their licenses revoked by the Reserve Bank of India (RBI). Despite 36 UCBs losing their licenses, which state had the most cancellations?

(a) Madhya Pradesh

(b) Maharashtra

(c) Karnataka

(d) Odisha

(e) Tamil Nadu

2) Which bank forms a bancassurance partnership with SBI General Insurance to distribute non-life insurance products?

(a) Axis bank

(b) DBS bank

(c) HSBC bank

(d) ICICI bank

(e) RBL bank

3) In the first three months of the current fiscal year (April-June 2024), Unified Payments Interface (UPI) transactions increased by more than what percentage, hitting Rs 60 lakh crore?

(a) >30%

(b) >32%

(c) >34%

(d) >36%

(e) >25%

4) When will the New Insider Trading Rules for Mutual Funds go into effect after a two-year pause to increase the transparency of asset management companies?

(a) October 31 2024

(b) September 1 2024

(c) November 1 2024

(d) August 31 2024

(e) December 1 2024

5) According to the budget, the fiscal deficit was 5.6% of GDP in FY24 and was expected to drop to what percentage of GDP in FY25?

(a) 4.2%

(b) 4.5%

(c) 4.7%

(d) 4.8%

(e) 4.9%

6) In the ULIP segment, PNB MetLife Introduces the Bharat Manufacturing Fund. The fund, which is a component of the business' Unit Linked Insurance Plan (ULIP), will be on sale on August 1 and run through August 15, 2024, at an initial unit price of _____________.

(a) Rs.5

(b) Rs.10

(c) Rs.15

(d) Rs.20

(e) Rs.25

7) To track the performance of the Nifty Metal Index, ICICI Prudential Mutual Fund has launched the Nifty Metal ETF. When issuing units during the NFO, a minimum application of ______________ and multiples of Re 1 is required.

(a) Rs.500

(b) Rs.100

(c) Rs.1000

(d) Rs.2000

(e) Rs.5000

8) During the first quarter of FY 2024–2025, the Indian government effectively operationalized four significant projects under the Namami Gange Mission 2.0. Which state is home to these projects, along with Uttar Pradesh?

(a) Madhya Pradesh

(b) Maharashtra

(c) Karnataka

(d) Odisha

(e) Bihar

9) An agreement between India and Saint Christopher and Nevis on cooperation in sports matters. Who is the Government of India's current Union Minister of Youth Affairs and Sports?

(a) G Kissan Reddy

(b) Mansukh Mandaviya

(c) Chirag Paswan

(d) CR Patil

(e) Annapurna Devi

10) The Ministry of Coal collaborated with the Ministry of Power & Natural Gas to negotiate a large joint venture deal between which business and GAIL?

(a) HPCL

(b) BPCL

(c) CIL

(d) SAIL

(e) ONGC

11) As per report, POWERGRID and AIIMS Engage in CSR to Provide Better Healthcare Services. How many beds has POWERGRID created at AIIMS, Delhi as part of their CSR initiatives?

(a) 100

(b) 200

(c) 300

(d) 400

(e) 500

12) Which state signs a Memorandum of Understanding for an innovative disaster risk insurance program with SBI General Insurance Company Limited?

(a) Nagaland

(b) Maharashtra

(c) Karnataka

(d) Odisha

(e) Bihar

13) Reliance Industries has maintained its top spot as the highest rated Indian corporation, moving up from 88 to 86 on Fortune's Global 500 list for 2024. Which industry ranked highest on Fortune's 2024 Global 500 list?

(a) Walmart

(b) Amazon

(c) State Grid

(d) Saudi Aramco

(e) Sinopec Group

14) Which Bank Sells Omkara Asset Reconstruction Company a Rs 6,151 Crore Distressed Portfolio?

(a) Federal bank

(b) DBS bank

(c) IDBI bank

(d) ICICI bank

(e) RBL bank

15) An IN-SPACe is Seeking Private Sector Ideas for Telecom Satellite Construction and Launch. For which economy did IN-SPACe also declare an AO?

(a) Red

(b) Brown

(c) Green

(d) Blue

(e) Yellow

16) Dinesh Karthik becomes the first player from India to sign up for the SA20 after joining Paarl Royals. Which nation does he now comment for The Hundred?

(a) Australia

(b) England

(c) South Africa

(d) New Zealand

(e) Srilanka

17) Which nation won gold in the women's and mixed doubles badminton events, maintaining its position as the leading badminton nation?

(a) China

(b) Indonesia

(c) South Korea

(d) Italy

(e) Japan

18) Every year on August 7, people celebrate National Handloom Day. What was the year that Prime Minister Narendra Modi launched the inaugural National Handloom Day celebration?

(a) 2015

(b) 2017

(c) 2018

(d) 2019

(e) 2016

19) At the Paris Olympics, Li Yuehong of China won gold in the men's 25 meters rapid fire pistol event. Which nation's Cho Yeong-jae won the silver medal?

(a) China

(b) Indonesia

(c) South Korea

(d) Italy

(e) Japan

20) As per the report, which of the following pair is correctly matched?

(a) CR Prasad- Former Chairman and Managing Director (CMD) of GAIL (India) Limited

(b) Christopher Thomas Kurien (C.T. Kurien) -  Distinguished economist

(c) Subhash Dandekar- Founder of stationery brand Camlin

(d) Ismail Kadare-  Albanian novelist and poet

(e) All the above are correct

Answers :

1) Answer: B

Short Explanation:

• The Reserve Bank of India (RBI) has cancelled the licences of 78 Urban Cooperative Banks (UCBs) since 2014.
• Maharashtra has the highest number of cancellations, with 36 UCBs losing their licences.

Detailed Explanation:

• The Reserve Bank of India (RBI) has cancelled the licences of 78 Urban Cooperative Banks (UCBs) since 2014.
• Maharashtra has the highest number of cancellations, with 36 UCBs losing their licences.
• Reasons for Cancellation:Cancellations were due to inadequate capital, poor earning prospects, deteriorating financial position, and operations prejudicial to depositors' and the public's interests.
• Recent Trends:In 2024 (up to July), 10 UCB licences were cancelled.
• Two each in Maharashtra, Karnataka, and Uttar Pradesh.
• One each in Gujarat, Rajasthan, Assam, and Andhra Pradesh.
• In 2023, 14 UCB licences were cancelled.
• In 2022, 12 UCB licences were cancelled.
• Maharashtra: 36 UCBs
• Uttar Pradesh: 14 UCBs
• Karnataka: 8 UCBs
• Gujarat: 2 UCBs
• UCBs are required to meet a PSL target of 75% of adjusted net bank credit (ANBC) or credit equivalent of off-balance sheet exposure (CEOBSE) by March 31, 2026.

2) Answer: C

Short Explanation:

• SBI General Insurance Company Limited (SBI General Insurance) and Hongkong and Shanghai Banking Corporation Limited, India (HSBC India) or HSBC Bank India have entered into a bancassurance partnership for the distribution of non-life insurance products through HSBC India's network.

Detailed Explanation:

• SBI General Insurance Company Limited (SBI General Insurance) and Hongkong and Shanghai Banking Corporation Limited, India (HSBC India) or HSBC Bank India have entered into a bancassurance partnership for the distribution of non-life insurance products through HSBC India's network.
• The partnership aims to enhance the accessibility and availability of comprehensive insurance solutions across India.
• It is expected to help increase insurance penetration in the country.
• Under this partnership, HSBC India will offer the entire suite of SBI General Insurance’s non-life insurance products including health, property, motor and travel to its customers.

3) Answer: D

Short Explanation:

• Unified Payments Interface (UPI) transactions grew over 36% in the first three months of the current fiscal year (April-June 2024), reaching Rs 60 lakh crore.
• Transaction Details:In Q1 FY25, there were 41.22 billion UPI transactions worth Rs 60 trillion.
• Previous Fiscal Years:Fiscal Year FY 23-24: 13 billion UPI transactions with a value of Rs 200 trillion.

Detailed Explanation:

• Unified Payments Interface (UPI) transactions grew over 36% in the first three months of the current fiscal year (April-June 2024), reaching Rs 60 lakh crore.
• Transaction Details:In Q1 FY25, there were 41.22 billion UPI transactions worth Rs 60 trillion.
• Previous Fiscal Years:Fiscal Year FY 23-24: 13 billion UPI transactions with a value of Rs 200 trillion.
• FY 22-23: 83.71 billion UPI transactions valued at Rs 139 trillion.
• FY 21-22: 45.96 billion UPI transactions amounting to Rs 84 trillion.
• Cardless Cash Deposits: A cardless cash deposit facility through UPI has been introduced, allowing deposits of up to Rs 50,000 per transaction.
• NPCI Guidelines: The National Payments Corporation of India (NPCI) has been tasked with setting the permissible number of Interoperable Cash Deposit (ICD) transactions and ensuring transaction messages clearly indicate cash deposits.

4) Answer: C

Short Explanation:

• The Capital markets regulator Securities and Exchange Board of India (SEBI) has notified November 1, 2024 as the effective date for the implementation of insider trading rules aimed at enhancing the integrity and transparency within asset management companies (AMCs).

Detailed Explanation:

• The Capital markets regulator Securities and Exchange Board of India (SEBI) has notified November 1, 2024 as the effective date for the implementation of insider trading rules aimed at enhancing the integrity and transparency within asset management companies (AMCs).
• Insider Trading Restrictions : As per the notification, an insider cannot trade in the units of a mutual fund scheme while in possession of unpublished price-sensitive information (UPSI), which may have a material impact on the net asset value of a scheme or on the interest of the unit holders of the scheme.
• Background : Consultation Paper : In July 2022, SEBI released a consultation paper to bring the buying and selling of mutual fund units under the ambit of insider trading rules.

5) Answer: E

Short Explanation:

• In absolute terms, the fiscal deficit was ₹1,35,712 crore as of June-end.
• Fiscal Deficit as Percentage of GDP: Fiscal deficit was 5.6% of GDP in FY24, with a projected decrease to 4.9% of GDP in FY25 according to the Budget.

Detailed Explanation:

• According to the data released by the Controller General of Accounts (CGA), a sharp reduction in capital expenditure (capex) during election months and record-high dividend from the Reserve Bank of India (RBI) led to a decrease in the central government’s fiscal deficit to 8.41% of the full-year target for the April-June quarter (Q1) of 2024-25 (FY25).
• In absolute terms, the fiscal deficit was ₹1,35,712 crore as of June-end.
• Fiscal Deficit as Percentage of GDP: Fiscal deficit was 5.6% of GDP in FY24, with a projected decrease to 4.9% of GDP in FY25 according to the Budget.
• Fiscal Deficit Definition:Fiscal deficit is the difference between expenditure and income of the government.
• Non-Tax Revenue: For the first three months of FY25, non-tax revenue was Rs 2.8 trillion, or 70.1% of Budget Estimates (BE), compared to 51.4% for the same period last year. Dividends and profits constituted 150% of the non-tax revenue, amounting to Rs 2.24 trillion.

6) Answer: B

Short Explanation:

• PNB MetLife India Insurance Company Limited has launched Bharat Manufacturing Fund, offering policyholders an opportunity to invest in India's manufacturing sector.
• The fund is part of the company's Unit Linked Insurance Plan (ULIP) and will be available at an initial unit price of Rs 10 during the New Fund Launch period from August 1 to August 15, 2024.

Detailed Explanation:

• PNB MetLife India Insurance Company Limited has launched Bharat Manufacturing Fund, offering policyholders an opportunity to invest in India's manufacturing sector.
• The fund is part of the company's Unit Linked Insurance Plan (ULIP) and will be available at an initial unit price of Rs 10 during the New Fund Launch period from August 1 to August 15, 2024.
• ULIP Explanation: A ULIP combines life insurance and investment, where part of the premium provides life insurance and the remainder is invested in equity, debt instruments, or a combination of both based on the policyholder's risk appetite.
• Access to Fund: Investors can access the Bharat Manufacturing Fund through existing PNB MetLife ULIPs such as Goal Ensuring Multiplier, Smart Platinum Plus, and Mera Wealth Plan.

7) Answer: C

Short Explanation:

• ICICI Prudential Mutual Fund has announced the launch of the ICICI Prudential Nifty Metal ETF, designed to track the performance of the Nifty Metal Index.
• Minimum Investment: The minimum application for issue of units during the NFO is Rs 1,000 and in multiples of Re 1.
• Fund Managers: Nishit Patel and Priya Sridhar will manage the ICICI Prudential Nifty Metal ETF.

Detailed Explanation:

• ICICI Prudential Mutual Fund has announced the launch of the ICICI Prudential Nifty Metal ETF, designed to track the performance of the Nifty Metal Index.
• The new fund offer (NFO) provides investors with an opportunity to gain exposure to a diverse range of companies in the metal sector.
• The index includes a maximum of 15 stocks from the metal sector, encompassing both ferrous and non-ferrous metals, selected from the Nifty 500 based on market value.
• Minimum Investment: The minimum application for issue of units during the NFO is Rs 1,000 and in multiples of Re 1.
• Fund Managers: Nishit Patel and Priya Sridhar will manage the ICICI Prudential Nifty Metal ETF.
• NFO Period: The NFO will be open from August 1, 2024, to August 12, 2024.

8) Answer: E

Short Explanation:

• The Government of India has successfully operationalized four major projects under the Namami Gange Mission 2.0 in the first quarter of FY 2024-25.
• These projects, located in Bihar and Uttar Pradesh, aim to reduce pollution and enhance the ecological health of the Ganga and its tributaries.

Detailed Explanation:

• The Government of India has successfully operationalized four major projects under the Namami Gange Mission 2.0 in the first quarter of FY 2024-25.
• These projects, located in Bihar and Uttar Pradesh, aim to reduce pollution and enhance the ecological health of the Ganga and its tributaries.

• Total Cost: ₹920 crore
• Sewage Treatment Capacity Added: 145 MLD

• Technology: Advanced Sequencing Batch Reactor (SBR)
• Compliance: Constructed according to the strict standards set by the National Green Tribunal (NGT)

9) Answer: B

Short Explanation:

• Dr Mansukh Mandaviya, Hon’ble Minister of Youth Affairs and Sports of the Government of India, and Denzil Douglas, Hon’ble Minister of Foreign Affairs of the Government of the Federation of Saint Christopher and Nevis, signed a Memorandum of Understanding (MoU) to enhance cooperation in sports between the two countries.

Detailed Explanation:

• Dr Mansukh Mandaviya, Hon’ble Minister of Youth Affairs and Sports of the Government of India, and Denzil Douglas, Hon’ble Minister of Foreign Affairs of the Government of the Federation of Saint Christopher and Nevis, signed a Memorandum of Understanding (MoU) to enhance cooperation in sports between the two countries.

Athlete and Team Training and Competition:

1. • Joint training programs and competitions for athletes and athletic teams from both countries.

Coaches Training and Technical Assistance:

1. • Programs to train coaches and provide technical assistance to enhance their skills and knowledge.

Exchange Programs and Visits:

1. • Exchange visits of sports leaders, officials, sports administrators, professionals, technicians, and sports support personnel.

Youth/Junior Exchanges in Various Disciplines:

1. • Exchange programs for youth/junior athletes in sports such as badminton, shooting, wrestling, kabaddi, and athletics.

10) Answer: C

Short Explanation:

• The Ministry of Coal, in collaboration with the Ministry of Power & Natural Gas, has facilitated a significant joint venture agreement between two leading Maharatna Central Public Sector Enterprises (CPSEs), Coal India Limited (CIL) and GAIL (India) Limited (GAIL).

Detailed Explanation:

• The Ministry of Coal, in collaboration with the Ministry of Power & Natural Gas, has facilitated a significant joint venture agreement between two leading Maharatna Central Public Sector Enterprises (CPSEs), Coal India Limited (CIL) and GAIL (India) Limited (GAIL).
• This agreement marks a major milestone in setting up a Coal to Synthetic Natural Gas (SNG) plant using Surface Coal Gasification (SCG) technology.

Project Details:

• Location: Raniganj area, Eastern Coalfields Limited, West Bengal
• Production Capacity: 80,000 Nm3 per hour of Synthetic Natural Gas (SNG)
• Annual Production: 633.6 Million Nm3
• Coal Requirement: 1.9 million tonnes (mts) per annum
• Coal Supplier: Coal India Limited (CIL)

11) Answer: C

Short Explanation:

• K. Tyagi, Chairman and Managing Director of Power Grid Corporation of India Limited (POWERGRID), met with M. Srinivas, Director of AIIMS Delhi, along with senior officials from both organizations, to discuss potential collaborations in Corporate Social Responsibility (CSR) initiatives aimed at enhancing healthcare services for the poor and underprivileged.
• VishramSadan Projects:As part of its CSR activities, POWERGRID has established a 300-bed VishramSadan at AIIMS, Delhi. This facility provides a comfortable and affordable stay for patients and their relatives during treatment.

Detailed Explanation:

• K. Tyagi, Chairman and Managing Director of Power Grid Corporation of India Limited (POWERGRID), met with M. Srinivas, Director of AIIMS Delhi, along with senior officials from both organizations, to discuss potential collaborations in Corporate Social Responsibility (CSR) initiatives aimed at enhancing healthcare services for the poor and underprivileged.
• VishramSadan Projects:As part of its CSR activities, POWERGRID has established a 300-bed VishramSadan at AIIMS, Delhi. This facility provides a comfortable and affordable stay for patients and their relatives during treatment.
• Nationwide Impact: POWERGRID has constructed VishramSadans at various hospitals across India, including:
  • King George's Medical University (KGMC), Lucknow, UP
  • Indira Gandhi Institute of Medical Sciences (IGIMS), Patna, Bihar
  • Darbhanga Medical College and Hospital (DMCH), Darbhanga, Bihar
  • Gauhati Medical College and Hospital (GMCH), Guwahati, Assam
  • Sir Sayajirao General (SSG) Hospital, Vadodara, Gujarat
  • National Institute of Mental Health and Neurosciences (NIMHANS), Bengaluru, Karnataka
  • Rajendra Institute of Medical Sciences (RIMS), Ranchi, Jharkhand

12) Answer: A

Short Explanation:

• Nagaland Chief Secretary J Alam has signed a Memorandum of Understanding (MoU) with SBI General Insurance Company Limited to launch the Disaster Risk Transfer Parametric Insurance Solutions (DRTPS) programme.
  • Duration: The programme will be implemented over a period of three years.

Detailed Explanation:

• Nagaland Chief Secretary J Alam has signed a Memorandum of Understanding (MoU) with SBI General Insurance Company Limited to launch the Disaster Risk Transfer Parametric Insurance Solutions (DRTPS) programme.
  • Financial Resilience: The DRTPS programme aims to enhance financial resilience for Nagaland's population and safeguard critical infrastructure during disasters.
  • Safe Livelihoods: The initiative is designed to ensure economic security and stability in the face of natural calamities.
  • Duration: The programme will be implemented over a period of three years.
  • Uniqueness: It is the first parametric insurance programme of its kind in India and is anticipated to serve as a model for other states.
  • Oversight: The programme will be managed by the Nagaland State Disaster Management Authority (NSDMA).
  • Support: It is supported by the InsuResilience Solution Fund, which will aid in the effective execution and management of the programme.

13) Answer: A

Short Explanation:

• Reliance Industries has improved its ranking in Fortune’s Global 500 list for 2024 to 86 from 88, maintaining its top position as the highest ranked among Indian corporates.

• Top 5:Walmart, Amazon, State Grid, Saudi Aramco, Sinopec Group

Detailed Explanation:

• Reliance Industries has improved its ranking in Fortune’s Global 500 list for 2024 to 86 from 88, maintaining its top position as the highest ranked among Indian corporates.

• Total Companies: Nine Indian firms in the Global 500 list
• Public Sector: IOCL, LIC, ONGC, BPCL, SBI
• Private Sector: Reliance Industries, and three others

• Aggregate Revenue: $41 trillion in 2023, a record high
• Economic Significance: Represents over a third of global GDP
• Top 5:Walmart, Amazon, State Grid, Saudi Aramco, Sinopec Group

14) Answer: C

Short Explanation:

• IDBI Bank is selling its Rs 6,151 crore legacy stressed asset portfolio to Omkara Asset Reconstruction Company (ARC) in a move that will help the government fetch an improved valuation for the proposed stake sale in the lender.
• At inter-se bidding held August 3, 2024, Omkara ARC gave the highest offer of Rs 652 crore, outbidding government-promoted National Asset Reconstruction Company Limited (NARCL).

Detailed Explanation:

• IDBI Bank is selling its Rs 6,151 crore legacy stressed asset portfolio to Omkara Asset Reconstruction Company (ARC) in a move that will help the government fetch an improved valuation for the proposed stake sale in the lender.
• At inter-se bidding held August 3, 2024, Omkara ARC gave the highest offer of Rs 652 crore, outbidding government-promoted National Asset Reconstruction Company Limited (NARCL).
• Financial Impact:Recovery Rate: The sale equates to a 10.5% recovery for IDBI Bank.
• Earnings Impact: The recovery will be reflected in IDBI Bank's second-quarter earnings.
• Current Holdings: The government holds 45%, and LIC holds 49.24% in IDBI Bank.
• Proposed Sale: A 60.7% stake is proposed to be sold to a private player, with a condition to reduce the stake to 26% over time.
• Asset Portfolio : Prior to this stake sale, IDBI Bank had listed a ₹6151 crore legacy stressed portfolio, consisting of 239 accounts, on the market.

15) Answer: D

Short Explanation:

• The Indian National Space Promotion and Authorization Centre (IN-SPACe) has issued its first ‘Announcement of Opportunity’ (AO) inviting non-government entities (NGEs) to build, launch, and use a telecommunications satellite.
• Blue Economy AO: IN-SPACe also announced an AO for the blue economy, including the establishment of a seed fund to support entrepreneurs with financial aid, mentorship, and resources.

Detailed Explanation:

• The Indian National Space Promotion and Authorization Centre (IN-SPACe) has issued its first ‘Announcement of Opportunity’ (AO) inviting non-government entities (NGEs) to build, launch, and use a telecommunications satellite.
• Specific ITU Filing: For this AO, the ITU filing ‘INSAT-KA89ER’ seeks uplink frequencies of 21 GHz to 31 GHz and downlink frequencies of 17.7 GHz to 21.2 GHz.
• Blue Economy AO: IN-SPACe also announced an AO for the blue economy, including the establishment of a seed fund to support entrepreneurs with financial aid, mentorship, and resources.
• Areas of Focus for Blue Economy: The AO highlights areas such as fisheries, marine biology, communications, shipping, surveillance, oceanography, and weather.

16) Answer: B

Short Explanation:

Detailed Explanation:

• Former India wicketkeeper-batter Dinesh Karthik is set to become the first Indian player to participate in SA20 league after signing with the Paarl Royals for the 2025 edition of the tournament.
• This move comes shortly after Karthik was appointed as the league ambassador alongside AB de Villiers.

• Other Overseas Signing: Joe Root
• Previous Team Release: Jos Buttler, due to the SA20 2025 clashing with England's white-ball series against India in January.

• Retirement: Karthik retired from Indian cricket after the 2024 IPL, where he played his last game for Royal Challengers Bengaluru (RCB).
• Current Role: He is currently commentating in the Hundred in England.

• Paarl Royals in SA20: Karthik will play as a player.
• Royal Challengers Bengaluru (RCB): Starting IPL 2025, Karthik will serve as the batting coach and mentor.

17) Answer: A

Short Explanation:

• China continued its streak as the top badminton nation with gold medals in mixed and women’s doubles.

Detailed Explanation:

• Viktor Axelsen received widespread acclaim for his victory, celebrated in the presence of Denmark's King Frederik X.
• KunlavutVitidsarn made history for Thailand with their first Olympic medal in badminton.
• China continued its streak as the top badminton nation with gold medals in mixed and women’s doubles.
• Taiwan and South Korea made their mark with gold in men’s doubles and women’s singles, respectively.

18) Answer: A

Short Explanation:

• National Handloom Day is observed every year on August 7.
• In 2015, the first National Handloom Day was celebrated which was inaugurated by PM Narendra Modi
• On August 7, 1905, The Swadeshi movement was launched in Calcutta Town hall.

Detailed Explanation:

• National Handloom Day is observed every year on August 7.
• In 2015, the first National Handloom Day was celebrated which was inaugurated by PM Narendra Modi
• On August 7, 1905, The Swadeshi movement was launched in Calcutta Town hall.
• While Delhi hosted the special events on that day, many other countries like Varanasi, Jaipur, and Guwahati also organised other special events.
• This movement encourages the Indians to wear the clothes made by handlooms.
• The Ministry of Textiles will be celebrating National Handloom day at Dilli Haat which is celebrated from August 1 to August 15.

19) Answer: C

Short Explanation:

• In a remarkable display at the Paris Olympics, China's Li Yuehong clinched the gold medal in the men's 25 meters rapid fire pistol event.
• Li's performance was dominant, securing a comfortable 32-25 victory over South Korea's Cho Yeong-jae, who took home the silver.

Detailed Explanation:

• In a remarkable display at the Paris Olympics, China's Li Yuehong clinched the gold medal in the men's 25 meters rapid fire pistol event.
• Li's performance was dominant, securing a comfortable 32-25 victory over South Korea's Cho Yeong-jae, who took home the silver.

Men’s 25 Meters Rapid Fire Pistol:

• Gold: Li Yuehong (China) - 32 points
• Silver: Cho Yeong-jae (South Korea) - 25 points
• Bronze: Wang Xinjie (China)

20) Answer: E

• The world of economics lost a brilliant mind and compassionate soul. Christopher Thomas Kurien (C.T. Kurien), a distinguished economist and former professor of Madras Christian College, passed away at the age of 93 due to age-related ailments.
• Subhash Dandekar, the founder of stationery brand Camlin, has passed away at the age of 86.
• CR Prasad, former Chairman and Managing Director (CMD) of GAIL (India) Limited, has passed away at the age of 83.
• Albanian novelist and poetIsmail Kadare, whose irreverent works from inside communist Albania earned him international renown and repression from the country's dictatorship, has passed away at the age of 83 in Tirana.