Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2024 of 29th 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) In which city did Governor Shaktikanta Das of the Reserve Bank of India (RBI) announce the introduction of the Unified Lending Interface (ULI) at the Global Conference on Digital Public Infrastructure and Emerging Technologies?

(a) Kolkata

(b) Mumbai

(c) New Delhi

(d) Bengaluru

(e) Hyderabad

2) The Reserve Bank of India (RBI) statistics shows that consumers are still putting their trust in modest savings plans, with the corpus growing at a respectable annual rate of what percentage up until February 2024, when it reached ₹18.1 lakh crore?

(a) 13.2%

(b) 13.4%

(c) 13.6%

(d) 13.8%

(e) 13.5%

3) As per the report, Amazon Pay UPI has reached 100 million users, with the internet platform being utilized mostly for e-commerce transactions, utility bill payments, and mobile recharges. In which year did Amazon Pay UPI launch?

(a) 2014

(b) 2016

(c) 2017

(d) 2018

(e) 2019

4) Bank of Baroda (BoB) raised Rs 5,000 crore in 10-year infrastructure bonds at a yield rate of 7.3%. Which bank topped the list?

(a) Canara bank

(b) Bank of Maharashtra

(c) Bank of India

(d) State Bank of India

(e) Karnataka bank

5) The Securities and Exchange Board of India (SEBI) has banned entrepreneur Anil Ambani and 24 others from engaging in the securities market for five years, including key officials of Reliance Home Finance Limited (RHFL). How much has SEBI fined Anil Ambani?

(a) Rs.15 crore

(b) Rs.25 crore

(c) Rs.20 crore

(d) Rs.10 crore

(e) Rs.30 crore

6) The Reserve Bank of India (RBI) stated that "UBS AG" has been added to the Second Schedule of the Reserve Bank of India Act, 1934. How many lakhs must banks listed in the Second Schedule of the RBI Act hold as minimum capital?

(a) Rs.2lakh

(b) Rs.3lakh

(c) Rs.4lakh

(d) Rs.5lakh

(e) Rs.1lakh

7) The Reserve Bank of India (RBI) has announced that which country's "Krung Thai Bank Public Company Limited" has been removed from the Second Schedule of the Reserve Bank of India Act, 1934?

(a) Netherland

(b) Thailand

(c) France

(d) Germany

(e) Hong Kong

8) To overcome environmental gaps, the MoEFCC proposes the Remediation of Contaminated Sites Rules, 2024. Which year's National Environment Policy, which names municipal and industrial waste as primary causes of pollution, is in line with the initiative?

(a) 2002

(b) 2004

(c) 2005

(d) 2006

(e) 2008

9) The Central government has reduced from thirty days to __________ days the grievance redressal period on the Centralized Public Grievance Redress and Monitoring System (CPGRAMS) site.

(a) 20

(b) 21

(c) 25

(d) 15

(e) 23

10) Which government plans to increase agriculture exports to Rs 50,000 crore over the next three to four years. Currently, the state's yearly agriculture exports are over Rs 20,000 crore?

(a) Andhra Pradesh

(b) Uttar Pradesh

(c) Madhya Pradesh

(d) Arunachal Pradesh

(e) West Bengal

11) The NSE initially requested SEBI clearance for an IPO in 2016, but the proposal was returned in which year, following investigations into the co-location fraud and a considerable reduction in offer size?

(a) 2017

(b) 2018

(c) 2019

(d) 2020

(e) 2021

12) Which state hosted the official CGST Udaipur Commissionerate structure, the GST Bhawan, which was opened by Union Minister of Finance and Corporate Affairs Nirmala Sitharaman under the Central Board of Indirect Taxes and Customs (CBIC)?

(a) Andhra Pradesh

(b) Uttar Pradesh

(c) Madhya Pradesh

(d) Arunachal Pradesh

(e) Rajasthan

13) On September 5–6, 2024, Telangana is scheduled to host the inaugural Global AI Summit and plans to develop a 200-acre AI City at Mucherla. How many billions of dollars were the first investment projections for AI City?

(a) $4 billion

(b) $3 billion

(c) $1 billion

(d) $5 billion

(e) $2 billion

14) Kevan Parekh, an engineer of Indian descent, was appointed as Apple Inc.'s next Chief Financial Officer (CFO). How long has Parekh been employed with Apple, making significant contributions to the company's operations and financial strategy?

(a) 10

(b) 11

(c) 9

(d) 12

(e) 15

15) What percentage of Karur Vysya Bank's (KVB) paid-up share capital or voting rights may SBI Mutual Fund (SBI MF) purchase with clearance from the Reserve Bank of India (RBI)?

(a) 9.99%

(b) 9.10%

(c) 9.85%

(d) 9.75%

(e) 9.55%

16) Jana Small Finance Bank received four outstanding prizes at the second ICC Emerging Asia Banking Conclave & prizes. Jana Small Finance Bank is the______ largest small finance bank in India.

(a) 2nd

(b) 3rd

(c) 4th

(d) 5th

(e) 6th

17) According to Knight Frank, Manila scored #1 internationally with a 26% yearly growth in premium residential property values during the June quarter of 2024. Which city finished worst (44th) with an annual price reduction of 5.9% in the June quarter?

(a) Bangkok

(b) Wellington

(c) Vienna

(d) Madrid

(e) Lisbon

18) National Sports Day, also known as Rashtriya Khel Divas, is observed annually on August 29th. In what year did India create National Sports Day?

(a) 2010

(b) 2012

(c) 2011

(d) 2014

(e) 2016

19) As per the report, Jay Shah was elected as the new Chairman of the ICC. Since which year has Jay Shah served as the BCCI Secretary?

(a) 2018

(b) 2012

(c) 2019

(d) 2014

(e) 2016

20) According to the Finance Minister, the sessions intended to advance cooperation in sectors such as commerce, investment, infrastructure, and technology, reflecting India's developing strategic engagement with which country?

(a) Singapore

(b) Denmark

(c) France

(d) Germany

(e) Hong Kong

Answers :

1) Answer: D

Short Explanation:

The Reserve Bank of India (RBI) Governor Shaktikanta Das announced the launch of the Unified Lending Interface (ULI) during the Global Conference on Digital Public Infrastructure and Emerging Technologies in Bengaluru, Karnataka.

The ULI is a cutting-edge digital platform designed to streamline the lending process across the financial ecosystem.

Integration and Efficiency:ULI connects banks, non-banking financial companies (NBFCs), fintech firms, and borrowers.

Detailed Explanation:

The Reserve Bank of India (RBI) Governor Shaktikanta Das announced the launch of the Unified Lending Interface (ULI) during the Global Conference on Digital Public Infrastructure and Emerging Technologies in Bengaluru, Karnataka.

The ULI is a cutting-edge digital platform designed to streamline the lending process across the financial ecosystem.

Integration and Efficiency:ULI connects banks, non-banking financial companies (NBFCs), fintech firms, and borrowers.

Impact on Credit Access:ULI is expected to simplify the lending process, reduce complexity in integrating multiple systems, and improve credit access for borrowers.

Relation to JAM Trinity:The ULI is seen as part of India's broader digital infrastructure development, alongside JAM (Jan Dhan, Aadhar, and Mobile) and UPI (Unified Payments Interface).

The 'new trinity' of JAM-UPI-ULI represents a significant advancement in India’s digital infrastructure journey.

JAM Trinity- (Jan Dhan, Aadhar, and Mobile) is a tool used by the government to transfer cash benefits directly to the bank account of the intended beneficiary.

2) Answer: D

Short Explanation:

According to the data from the Reserve Bank of India (RBI) indicate that people are continuing to repose faith in small savings schemes with the corpus clocking a decent annual growth of 13.8% up to February 2024 reaching ₹18.1 lakh crore.

Schemes with Highest Growth:Sukanya Samriddhi Yojana Account (SSA): Grew by 41% from ₹77,472 crore (Feb 2023) to ₹1 lakh crore (Feb 2024).

Detailed Explanation:

According to the data from the Reserve Bank of India (RBI) indicate that people are continuing to repose faith in small savings schemes with the corpus clocking a decent annual growth of 13.8% up to February 2024 reaching ₹18.1 lakh crore.

February 2024: Outstanding balance achieved ₹18.1 lakh crore, reflecting a 13.8% growth.

Performance of Individual Schemes:Seven of the 20 small savings schemes saw growth between 9% and 11% over the past year. Notable examples include:

Post Office Savings Bank Deposits: 9% growth.

Post Office Recurring Deposits: 11% growth.

Most schemes have interest rates ranging from 4% to 9%.

Schemes with Highest Growth:Sukanya Samriddhi Yojana Account (SSA): Grew by 41% from ₹77,472 crore (Feb 2023) to ₹1 lakh crore (Feb 2024).

Senior Citizens Scheme 2004: Saw a 28% growth from ₹1.3 lakh crore (Feb 2023) to ₹1.7 lakh crore (Feb 2024).

3) Answer: E

Short Explanation:

Amazon Pay UPI has crossed 100 million customers, with the online platform used mainly for e-commerce transactions, utility bill payments and mobile recharges.

Launch and Usage: Launched in 2019, Amazon Pay UPI is primarily used for e-commerce transactions, utility bill payments, and mobile recharges.

Detailed Explanation:

Amazon Pay UPI has crossed 100 million customers, with the online platform used mainly for e-commerce transactions, utility bill payments and mobile recharges.

Launch and Usage: Launched in 2019, Amazon Pay UPI is primarily used for e-commerce transactions, utility bill payments, and mobile recharges.

It is widely adopted across major states like Maharashtra, Uttar Pradesh, Bihar, West Bengal, and Karnataka, with growing use in tier II and III cities.

Primary Users: The app is particularly popular among youth aged 18 to 24 years, indicating strong adoption among the younger demographic.

UPI is the preferred payment method for 53% of online purchases and 25% of offline purchases.

In Southern India, 36% of customers prefer UPI over cash, followed by West and North-Central (35%), Northeast (32%), and East (31%).

4) Answer: D

Short Explanation:

State-owned Bank of Baroda (BoB) raised Rs 5,000 crore through 10-year infrastructure bonds at a coupon rate of 7.3%.

SBI: Raised ₹20,000 crore through 15-year infrastructure bonds at 7.36%.

Canara Bank: Raised ₹10,000 crore at 7.4%.

Bank of India: Raised ₹5,000 crore at 7.54%.

Bank of Maharashtra: Issued ₹811 crore in 10-year infrastructure bonds at 7.8%.

Detailed Explanation:

State-owned Bank of Baroda (BoB) raised Rs 5,000 crore through 10-year infrastructure bonds at a coupon rate of 7.3%.

The bond offering, rated AAA by CRISIL Ratings, had a base issue size of Rs 2,000 crore and a greenshoe option of Rs 3,000 crore and was fully subscribed.

Regulatory Exemptions:Funds raised through infrastructure bonds are exempt from:

Statutory Liquidity Ratio (SLR)

Cash Reserve Ratio (CRR)

Unlike deposit funds, which require banks to maintain 4.5% of CRR with the Reserve Bank of India (RBI) and invest about 18% in securities for SLR obligations, infrastructure bond proceeds can be fully used for lending.

SBI: Raised ₹20,000 crore through 15-year infrastructure bonds at 7.36%.

Canara Bank: Raised ₹10,000 crore at 7.4%.

Bank of India: Raised ₹5,000 crore at 7.54%.

Bank of Maharashtra: Issued ₹811 crore in 10-year infrastructure bonds at 7.8%.

5) Answer: B

Short Explanation:

India's market regulator, the Securities and Exchange Board of India (SEBI), has imposed a five-year ban on industrialist Anil Ambani and 24 others, including top executives of Reliance Home Finance Limited. (RHFL), from participating in the securities market.

SEBI has imposed a ₹25 crore penalty on Anil Ambani and has barred him from holding any directorial or key managerial positions in listed companies or intermediaries registered with SEBI for 5 years.

Detailed Explanation:

India's market regulator, the Securities and Exchange Board of India (SEBI), has imposed a five-year ban on industrialist Anil Ambani and 24 others, including top executives of Reliance Home Finance Limited. (RHFL), from participating in the securities market.

SEBI has imposed a ₹25 crore penalty on Anil Ambani and has barred him from holding any directorial or key managerial positions in listed companies or intermediaries registered with SEBI for 5 years.

RHFL Restrictions: RHFL has been barred from the securities market for 6 months and fined ₹600,000.

Amit Bapna, former CFO of RHFL and a member of the credit committee, has been fined ₹27 crore.

Ravindra Sudhalkar has been fined ₹26 crore.

Pinkesh Shah has been fined ₹21 crore.

6) Answer: D

Short Explanation:

Reserve Bank of India (RBI) announced that “UBS AG” has been included in the Second Schedule of the Reserve Bank of India Act, 1934.

Requirements for Scheduled Banks:Banks listed in the Second Schedule of the RBI Act must have a minimum capital of Rs 5 lakhs.

Detailed Explanation:

Reserve Bank of India (RBI) announced that “UBS AG” has been included in the Second Schedule of the Reserve Bank of India Act, 1934.

The Swiss bank, which already offers investment banking and other services in India, is now all set to commence commercial banking operations in the country.

Categories of Scheduled Banks : Scheduled commercial banks in India are categorised into five different groups according to their ownership and/ or nature of operation.

State Bank of India and its associates.

Nationalised banks.

Regional rural banks.

Foreign banks.

Other Indian scheduled commercial banks (private sector).

Requirements for Scheduled Banks:Banks listed in the Second Schedule of the RBI Act must have a minimum capital of Rs 5 lakhs.

7) Answer: B

Short Explanation:

The Reserve Bank of India (RBI) advised that “Krung Thai Bank Public Company Limited” has been excluded from the Second Schedule of the Reserve Bank of India Act, 1934 .

Headquarters: Watthana, Bangkok, Thailand.

Detailed Explanation:

The Reserve Bank of India (RBI) advised that “Krung Thai Bank Public Company Limited” has been excluded from the Second Schedule of the Reserve Bank of India Act, 1934 .

Krungthai Bank, officially Krungthai Bank Public Company Limited, and sometimes known by its initials KTB, is a state-owned bank under licence issued by the thailand government.

Headquarters: Watthana, Bangkok, Thailand.

8) Answer: D

Short Explanation:

The Ministry of Environment, Forest and Climate Change (MoEFCC) has proposed the Remediation of Contaminated Sites Rules, 2024, to clean up lands contaminated by hazardous substances.

The initiative aligns with the National Environment Policy, 2006, which identifies industrial and municipal waste as major pollution sources.

Detailed Explanation:

The Ministry of Environment, Forest and Climate Change (MoEFCC) has proposed the Remediation of Contaminated Sites Rules, 2024, to clean up lands contaminated by hazardous substances.

The rules target sites contaminated with mining waste, bio-medical waste, or municipal solid waste, where contamination levels exceed specified thresholds.

The proposed rules are based on the “polluter pays” principle, making the responsible parties accountable for the costs of remediation.

The initiative aligns with the National Environment Policy, 2006, which identifies industrial and municipal waste as major pollution sources.

In cases where the polluter is unknown or no funds are provided, the CPCB may use the Environment Relief Fund, which had Rs 1,060.95 crore at the end of FY23.

9) Answer: B

Short Explanation:

The Central government has shortened the grievance redressal time on the Centralised Public Grievance Redress and Monitoring System (CPGRAMS) portal from 30 days to 21 days.

Revised guidelines issued by the Department of Administrative Reforms and Public Grievances (DARPG) suggest the appointment of dedicated nodal officers in ministries and departments with a high volume of grievances.

Detailed Explanation:

The Central government has shortened the grievance redressal time on the Centralised Public Grievance Redress and Monitoring System (CPGRAMS) portal from 30 days to 21 days.

Revised guidelines issued by the Department of Administrative Reforms and Public Grievances (DARPG) suggest the appointment of dedicated nodal officers in ministries and departments with a high volume of grievances.

These revisions follow the directives given by Prime Minister Narendra Modi during his interaction with secretaries to the Government of India on June 29, 2024.

The reforms include integration of grievance portals, root cause analysis using AI-enabled dashboards, and an assessment matrix called the Grievance Redressal Assessment Index to improve the quality of redressal.

The 10-step reforms initiated in CPGRAMS have already reduced the average resolution time, prompting further reduction to a 21-day maximum redressal period.

10) Answer: B

Short Explanation:

The Uttar Pradesh government aims to boost farm exports to Rs 50,000 crore in the next three to four years.

Currently, the state's annual farm exports stand at around Rs 20,000 crore.

Plans include leveraging the Centre’s Rs 1,800 crore Clean Plant Programme to improve horticultural export quality, focusing on crops like mangoes, non-basmati rice, Indian gooseberry (amla), and bananas.

Detailed Explanation:

The Uttar Pradesh government aims to boost farm exports to Rs 50,000 crore in the next three to four years.

Currently, the state's annual farm exports stand at around Rs 20,000 crore.

Plans include leveraging the Centre’s Rs 1,800 crore Clean Plant Programme to improve horticultural export quality, focusing on crops like mangoes, non-basmati rice, Indian gooseberry (amla), and bananas.

Uttar Pradesh, with its nine distinct climate zones, fertile Indo-Gangetic plains, and abundant water resources, is strategically positioned to benefit from these central schemes.

The state is upgrading existing agricultural clusters and creating new ones under the One District One Product (ODOP) initiative, focusing on grading, packing, branding, and marketing through Common Facility Centres (CFCs).

Agricultural goods are being transported via inland waterways from Prayagraj to Haldia, with plans to extend this route to Ayodhya to aid farmers in Central and Eastern Uttar Pradesh.

The upcoming Jewar International Airport is expected to further boost farm exports from the western region of the state.

For the first time, 5 tonnes of Dasheri mangoes from Malihabad (Lucknow) were exported to the United States.

11) Answer: C

Short Explanation:

The National Stock Exchange (NSE) board has approved a fresh application to the Securities and Exchange Board of India (SEBI) for a no-objection certificate (NOC) to launch its long-delayed initial public offering (IPO).

NSE first sought SEBI's approval for an IPO in 2016, but the application was returned in 2019 amid investigations into the co-location scam and significant reduction in offer size.

Detailed Explanation:

The National Stock Exchange (NSE) board has approved a fresh application to the Securities and Exchange Board of India (SEBI) for a no-objection certificate (NOC) to launch its long-delayed initial public offering (IPO).

NSE first sought SEBI's approval for an IPO in 2016, but the application was returned in 2019 amid investigations into the co-location scam and significant reduction in offer size.

NSE has since submitted at least three applications for SEBI’s NOC, with the most recent one in June 2022.

NSE reached a market capitalisation of Rs 3.2 trillion in July, making it the sixth biggest exchange in the world and the largest in Asia.

12) Answer: E

Short Explanation:

Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, inaugurated the GST Bhawan, the official complex of the CGST Udaipur Commissionerate under the Central Board of Indirect Taxes and Customs (CBIC), in Udaipur, Rajasthan.

Detailed Explanation:

Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, inaugurated the GST Bhawan, the official complex of the CGST Udaipur Commissionerate under the Central Board of Indirect Taxes and Customs (CBIC), in Udaipur, Rajasthan.

In her address, Sitharaman highlighted the economic importance of the Udaipur Commissionerate, which operates in a key production hub for zinc, lead, silver, cement, fertilizer, and tyres.

Sitharaman reiterated the Government’s ongoing commitment since 2019 to improve infrastructure for GST Zones and Commissionerates, underscoring the significance of this new complex as part of broader enhancement efforts.

Sitharaman launched ICETAB 2.0, a handheld device for customs operations designed to facilitate the uploading of real-time examination reports and expedite cargo clearance processes.

13) Answer: A

Short Explanation:

Telangana is set to host its first Global AI Summit on September 5-6, 2024.

Telangana plans to develop a 200-acre AI City at Mucherla.

Initial investment estimates for AI City were around $4 billion, but actual costs are expected to be higher due to the need for hyperscalers and GPUs.

Detailed Explanation:

Telangana is set to host its first Global AI Summit on September 5-6, 2024.

Telangana plans to develop a 200-acre AI City at Mucherla.

The project will likely be developed under a public-private partnership (PPP) model.

Initial investment estimates for AI City were around $4 billion, but actual costs are expected to be higher due to the need for hyperscalers and GPUs.

The AI City will include infrastructure for technology and an AI School of Excellence for skill development.

14) Answer: B

Short Explanation:

Apple Inc named Kevan Parekh, an Indian-origin engineer, as its next Chief Financial Officer (CFO).

Parekh will assume the role on January 1, 2025, succeeding Luca Maestri, who is reportedly moving to Corporate Services.

Parekh has been with Apple for 11 years, contributing to key aspects of its financial strategy and operations.

Detailed Explanation:

Apple Inc named Kevan Parekh, an Indian-origin engineer, as its next Chief Financial Officer (CFO).

Parekh will assume the role on January 1, 2025, succeeding Luca Maestri, who is reportedly moving to Corporate Services.

Parekh is currently serving as Apple’s Vice-President of Financial Planning and Analysis.

Parekh has been with Apple for 11 years, contributing to key aspects of its financial strategy and operations.

Prior to Apple, Parekh held senior leadership positions at Thomson Reuters and General Motors.

At Thomson Reuters, he served as Vice-President of Finance and Corporate Treasurer.

At General Motors, he was Director of Business Development in New York and Regional Treasurer in Zurich.

15) Answer: A

Short Explanation:

The Reserve Bank of India (RBI) has granted approval to SBI Mutual Fund (SBI MF) to acquire up to 9.99% of the paid-up share capital or voting rights of Karur Vysya Bank (KVB).

The approval was communicated through a letter dated August 23, 2024, in line with Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015.

Detailed Explanation:

The Reserve Bank of India (RBI) has granted approval to SBI Mutual Fund (SBI MF) to acquire up to 9.99% of the paid-up share capital or voting rights of Karur Vysya Bank (KVB).

The approval was communicated through a letter dated August 23, 2024, in line with Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015.

This decision by the RBI comes with several conditions that SBI Mutual Fund must adhere to, including compliance with important banking and financial regulations such as the Banking Regulation Act of 1949 and the Foreign Exchange Management Act of 1999.

16) Answer: C

Short Explanation:

Jana Small Finance Bank secured four prestigious awards at the 2nd ICC Emerging Asia Banking Conclave & Awards:

Best Small Finance Bank, India

Best Performance on Profitability (Runners-up)

Best Performance on Asset Quality

Best Performance on Risk Management

Jana Small Finance Bank is the 4th largest Small Finance Bank in India, with over 16 years of experience in lending and servicing more than 12 million customers.

Detailed Explanation:

Jana Small Finance Bank secured four prestigious awards at the 2nd ICC Emerging Asia Banking Conclave & Awards:

Best Small Finance Bank, India

Best Performance on Profitability (Runners-up)

Best Performance on Asset Quality

Best Performance on Risk Management

The awards ceremony was attended by Gopal Tripathi, Head of Treasury and Capital Markets at Jana Small Finance Bank.

Jana Small Finance Bank is the 4th largest Small Finance Bank in India, with over 16 years of experience in lending and servicing more than 12 million customers.

Established in March 2018, the bank operates as a scheduled commercial bank with a national presence across 22 states and 2 union territories and 808 branches.

17) Answer: B

Short Explanation:

Manila ranked first globally with a 26% annual increase in prime residential property prices during the June quarter of 2024, according to a report by Knight Frank.

Wellington: Ranked last (44th) with an annual price drop of 5.9% during the June quarter.

Detailed Explanation:

Manila ranked first globally with a 26% annual increase in prime residential property prices during the June quarter of 2024, according to a report by Knight Frank.

Mumbai and New Delhi secured the second and third positions, respectively, among 44 cities worldwide, showcasing strong price growth in the luxury residential market.

Vienna: Experienced a 3.2% decline in prime residential prices.

Bangkok: Saw a 3.9% decrease.

Wellington: Ranked last (44th) with an annual price drop of 5.9% during the June quarter.

18) Answer: B

Short Explanation:

National Sports Day or Rashtriya Khel Divas is celebrated on 29 August every year.

This day is celebrated on Dhyan Chand’s birthday to honour the hockey legend. The day was declared India’s National Sports Day.

To mark his birthday, India established National Sports Day in 2012.

Detailed Explanation:

National Sports Day or Rashtriya Khel Divas is celebrated on 29 August every year.

This day is celebrated on Dhyan Chand’s birthday to honour the hockey legend. The day was declared India’s National Sports Day.

Dhyan Chand was a legend in Indian and International hockey.

To mark his birthday, India established National Sports Day in 2012.

The President of India honours this National Sports Day 2024, including the Khel Ratna, and Arjuna Awards, to famous sports luminaries.

There are almost 8,000 sports listed in the “World Sports Encyclopedia”. Wrestling was the first sport and it began in Greece around 776 B.C.

19) Answer: C

Short Explanation:

Jay Shah was elected unopposed as the next ICC Chairman.

He is 35 and the youngest to lead global cricket administration.

Shah is set to take over from Greg Barclay on December 1, 2024.

Jay Shah has been the BCCI Secretary since 2019.

He is the son of Union Home Minister Amit Shah.

Detailed Explanation:

Jay Shah was elected unopposed as the next ICC Chairman.

He is 35 and the youngest to lead global cricket administration.

Shah is set to take over from Greg Barclay on December 1, 2024.

Jay Shah has been the BCCI Secretary since 2019.

He is the son of Union Home Minister Amit Shah.

Shah's election continues the legacy of Indians leading ICC, following Jagmohan Dalmiya, Sharad Pawar, N Srinivasan, and Shashank Manohar.

Shah emphasized expanding cricket’s global reach, especially with its upcoming inclusion in the Los Angeles 2028 Olympics.

20) Answer: A

Short Explanation:

Finance Minister Nirmala Sitharaman met with Singapore President Tharman Shanmugaratnam and Prime Minister Lawrence Wong to further strengthen the bilateral strategic partnership between India and Singapore.

Detailed Explanation:

Finance Minister Nirmala Sitharaman met with Singapore President Tharman Shanmugaratnam and Prime Minister Lawrence Wong to further strengthen the bilateral strategic partnership between India and Singapore.

Sitharaman was joined by key members of the Indian government, including:

External Affairs Minister S. Jaishankar

Commerce Minister Piyush Goyal

Railway Minister Ashwini Vaishnaw

The meetings aimed at advancing cooperation in areas such as trade, investment, infrastructure, and technology, reflecting the growing strategic partnership between India and Singapore.