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Visit : www.Aparchitexamwarriors.com - Follow us: Official Site, Telegram, Facebook, Instagram, Instamojo

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Aparchit Super Current Affairs MCQ with facts – 31 August 2021
By Kumar Kaushal
Q.1. The PhonePe has recently received which of these licence from IRDAI to conduct insurance
business?
A) corporate agent licence
B) direct broking licence
C) re-insurance broker licence
D) composite broker licence
Answer : B .

 Flipkart-owned digital payments platform PhonePe has received an insurance broking licence from
Insurance Regulatory and Development Authority of India (IRDAI).
 This means that with the new ‘direct broking’ licence, PhonePe can now distribute insurance products
from all insurance companies in India, on its platform.

IRDAI IN NEWS
 PhonePe receives direct broking licence from IRDAI.
 IRDAI allows launch of ‘Corona Kavach’ insurance policies.
 IRDAI forms panel for creation of ‘Indian Pandemic Risk Pool’.
 IRDAI Approves Merger Of Bharti AXA And ICICI Lombard.
 IRDAI identifies LIC, GIC, New India Assurance as D-SIIs.
 IRDAI Constitutes 9-member Working Group under Suresh Mathur to study feasibility of Indian
Pandemic Risk Pool.
 Insurance Regulatory and Development Authority (IRDAI)
 Founded : 1999
 Headquarteres : Hyderabad
 Chairman :Subhash Chandra Khuntia

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                                       PHONEPE IN NEWS
    PhonePe receives direct broking licence from IRDAI
    PhonePe launches UPI-based AutoPay functionality for mutual fund SIP investments
    Flipkart partners with PhonePe to digitise cash-on-delivery payment orders
    PhonePe launches India's first Wallet with Auto Top-Up
    PhonePe becomes first player to cross billion-transaction mark on UPI
    ICICI Bank, PhonePe Tie Up For Issuance Of FASTags
    PhonePe partners with Axis Bank on UPI multi-bank model
    Ola partners with PhonePe for digital payments
    PhonePe partners with ICICI Bank on UPI multi-bank model
    PhonePe
        Founded : 2015
        Headquarters : Bangalore, Karnataka
        Founder & CEO : Sameer Nigam
        Co-Founder & CTO : Rahul Chari
        Parent : Flipkart

 Q.2.    IDBI has announced to divest what percent of its stake in Asset Reconstruction Company
         (India) Limited (ARCIL)?
         A) 10.22%                               B) 19.18%
         C) 12.06%                               D) 16.30%
  Answer : B     .

   IDBI Bank has announced that the board of IDBI Bank has approved to divest its entire stake of 19.18% in
     Asset Reconstruction Company (India) Limited (ARCIL).
   Asset Reconstruction Company India (Arcil) is the oldest ARC entities operating in India, founded in 2002.
     Headquarter- Mumbai, Maharashtra.
   ARCIL is owned by State Bank of India (SBI), IDBI Bank, ICICI Bank and Punjab National Bank (PNB), and
     other foreign investors.
   Industrial Development Bank of India (IDBI Bank)

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     Founded : 1964
     Headquarteres : Mumbai
     Chairman : M. R. Kumar
     MD & CEO : Rakesh Sharma

  Q.3.    The #FollowPaymentDistancing campaign has been launched by which entity?
          A) NPCI                               B) BHIM UPI
          C) RuPay                              D) PhonePe
  Answer : C    .

   RuPay has launched a strategic campaign titled – #FollowPaymentDistancing to promote and
     encourage contactless payments among customers.
   RuPay’s #FollowPaymentDistancing campaign encourages consumers to start ‘payment distancing’
     and switch to contactless digital payments with RuPay Contactless Cards which is safe as well as time-
     conserving.
   RuPay
     Introduced : 8 May 2014
     Owner : National Payments Corporation of India
     Markets : India, Singapore, Bhutan, Maldives, Saudi Arabia, UAE, Bahrain, Myanmar, Australia & South
     Korea

                           LATEST CAMPAIGN IN NEWS 2021
    RuPay launches #FollowPaymentDistancing campaign to promote and encourage contactless
         payments
    Minority Affairs Minister launched “JaanHaiToJahaanHai” awareness campaign
    Adidas roped Mirabai Chanu for its ‘Stay in Play’ campaign
    Ministry of Jal Shakti launches 100 days ‘SUJALAM’ Campaign
    Arvind Kejriwal launches ‘Switch Delhi’ campaign to promote electric vehicles
    Covid vaccination campaign for pregnant women in Kerala, “Mathrukavacham”
    Jharkhand launches ‘SAAMAR’ campaign to fight malnutrition in the state
    Defence Minister Rajnath Singh inaugurates ‘Jalabhishekam’ campaign in Madhya Pradesh

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 Madhya Pradesh launches ‘SAANS’ campaign to reduce infant mortality
 Puducherry launches campaign to become Covid-free by February 28

Q.4. Devendra Jhajharia has claimed a silver medal in which sports event for India at the
Paralympics 2020?
A) Shooting B) Long Jump
C) Discuss Throw D) Javelin Throw
Answer : D .

 India’s greatest paralympian, Devendra Jhajharia won the silver medal in the men’s javelin throw – F46
final event on August 30, 2021.
 In the same event, Sundar Singh Gurjar won the bronze medal, with his best throw of 64.01
 Devendra Jhajharia is the first Indian Paralympics player to win two gold medals at the Paralympics.
 He won his first gold in the javelin throw at the 2004 Summer Paralympics in Athens, becoming the
second gold medalist at the Paralympics for his country. At the 2016 Summer Paralympics in Rio de
Janeiro, he won a second gold medal in the same event, bettering his previous record.
 Padma Shri (2012; first Paralympian to be so honoured).
 Arjuna Award (2004)
 Major Dhyan Chand Khel Ratna (2017)
 Devendra Jhajharia hails from the Churu District in Rajasthan
Q.5. What is the eligibility age for making investment in National Pension System (NPS)?
A) 18-62 B) 18-65
C) 18-75 D) 18-70
Answer : D .

 Pension Fund Regulatory and Development Authority (PFRDA) has increased the entry age for the
National Pension System (NPS) from 65 years to 70 years.
 Earlier the eligible age to invest in NPS was 18-65 years which has now been revised to 18-70 years.
As per the revised norms, any Indian Citizen, resident or non-resident and Overseas Citizen of India
(OCI) between the age of 65-70 years can join NPS and continue or defer their NPS Account up to the
age of 75 years.

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 There is also a limit on the amount that can be exposed to equity in case the NPS is open after 65
years. The maximum equity exposure is 15% and 50% under Auto and Active Choice respectively.
Q.6. Avani Lekhara has won the first gold medal for India at Tokyo Paralympics 2020 in which
event?
A) Shooting B) Discuss Throw
C) Table Tennis D) Javelin Throw
Answer : A .

 Indian paralympic shooter Avani Lekhara won the first gold medal for India at the Tokyo Paralympics
2020 in the women’s 10m air rifle standing SH1 event on August 30, 2021.
 Lakhara has now become the first Indian woman to win a gold medal in shooting at an Olympic and
Paralympic Games.
 Avani Lekhara hails from Jaipur, Rajasthan.
Q.7. Who is the head of the committee set up to develop a technological platform streamlining
the appeal filing process related to direct and indirect taxation matters?
A) Usha Thorat B) N S Vishwanathan
C) Ashish Shiradhonkar D) Pravin Kutumbe
Answer : C .

 Central Government has set up a committee to develop a technological platform streamlining the appeal
filing process related to direct and indirect taxation matters. The committee is headed by Ashish
Shiradhonkar.
Q.8. Indian para-athlete Sumit Antil has claimed gold medal in which event at the ongoing Tokyo
Paralympics?
A) Shooting B) Long Jump
C) Javelin throw D) Discuss Throw
Answer : C .

 India’s Sumit Antil has won gold medal in men’s javelin throw F64 final event at the Tokyo Paralympics,
and in the process set a new world record throw of 68.55m.
 The 23-year-old Sumit hails from Sonepat in Haryana.

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Q.9. Yogesh Kathuniya has claimed silver medal for India in which event at Paralympics 2020?
A) Shooting B) Shotput
C) Discus Throw D) Javelin Throw
Answer : C .

 India’s discus thrower Yogesh Kathuniya has clinched silver medal at the ongoing Tokyo Paralympics
in the men’s Discus Throw F56 final event. Yogesh claimed the second spot with a throw of 44.38m.
 Batista dos Santos from Brazil won gold, setting a paralympic record with a throw of 45.59m

Q.10. Which Indian banker has been appointed as the independent director of the Hongkong and
Shanghai Banking Corporation (HSBC) Asia?
A) Arijit Basu B) Rajnish Kumar
C) Rajkiran Rai G D) Ashwini Kumar Tewari
Answer : B .

 The former State Bank of India (SBI) chairman Rajnish Kumar has been appointed as an independent
director of the Hongkong and Shanghai Banking Corporation (HSBC) Asia entity on August 30, 2021.
 He has also been appointed as the member of Audit Committee and Risk Committee of the company.
 Mr Rajnish Kumar retired as SBI Chairman in October 2020
 Hongkong and Shanghai Banking Corporation (HSBC)
Headquarters : London, England, UK
Chairman : Mark Tucker
CEO : Noel Quinn
Q.11. Stuart Binny, who has recently announced his retirement from cricket, played for which
country?
A) India B) England
C) Australia D) New Zealand
Answer : A .

 Indian all-rounder Stuart Binny has announced his retirement from all forms of cricket
 Stuart Binny had represented the Team India in six Tests, 14 ODIs and three T20Is, scoring a total of
459 runs and 24 wickets.
 In the Indian Premier League, he played for the Rajasthan Royals.

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IMPORTANT RETIRE PLAYERS IN NEWS .
 Indian all-rounder Stuart Binny has announced his retirement from all forms of cricket.
 Sri Lanka bowling all-rounder Isuru Udana retires from international cricket.
 Bangladesh all-rounder Mahmudullah announces surprise retirement from Test Cricket.
 Ireland All Rounder Kevin O’Brien announces retirement from ODI cricket.
 Sri Lankan all-rounder Thisara Perera Announces Retirement from International Cricket.
 R. Vinay Kumar announces retirement from all forms of cricket.
 Yusuf Pathan announces retirement from all forms of cricket.
 The Sri Lanka fast bowler Dhammika Prasad has announced his retirement from international
cricket.
 South African Skipper Faf du Plessis retires from Test cricket.
 Naman Ojha announces retirement from all forms of cricket.
 Ashoke Dinda Announces Retirement From All Forms Of Cricket.
 Pakistan pacer Mohammad Amir announces retirement from international cricket.
 Parthiv Patel announces retirement from all forms of cricket.
 New Zealand all-rounder Corey Anderson retires from international cricket .
 Sudeep Tyagi announces retirement from all forms of cricket.
 Australian all-rounder Shane Watson announces retirement from all forms of Cricket.
 Pakistan’s Fast Bowler Umar Gul announces retirement from all forms of cricket.
 England cricketer Ian Bell announces retirement from professional cricket.
 Sri Lankan Tharanga Paranavitana announces retirement from international cricket

Q.12. Which institution is developing an an online platform to tackle e-waste named ‘e-Source’?
A) IIT Bombay B) IIT Madras
C) IIT Delhi D) IIT Roorkee
Answer : B .

 IIT-Madras is set to develop an online platform named ‘e-Source’ to tackle e-waste

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Q.13. The Union Government extended the tenure of P. R. Rajagopal for two years. Which bank’s
executive director is he?
A) Union Bank of India B) Indian Bank
C) Indian Overseas Bank D) Bank of India
Answer : D .

Union Government extends the tenure of Bank of India executive director P. R. Rajagopal for two years
Q.14. With which company did BillDesk partner to enable a safe and secure e-mandate process on
premium payments for its customers?
A) Max Life Insurance B) ICICI Life Prudential
C) ICICI Lombard D) HDFC Life Insurance
Answer : A .

 Max Life Insurance Company Limited, in partnership with BillDesk, has enabled a safe and secure e-
mandate process on premium payments for its customers.
Q.15. Buddhadeb Guha, who has passed away recently, was a renowned writer in which
language??
A) Tamil B) Hindi
C) Bengali D) Marathi
Answer : C .

 Eminent Bengali writer Buddhadeb Guha, has passed away after a massive cardiac arrest
 Guha was the author of many notable works such as “Madhukari” (Honey Gatherer), “Koeler Kachhe”
(Near the Koel bird) and “Sobinoy Nibedon” (Humble Offering).

STATIC GK Based Current Affairs MCQs 31 August 2021
By Kumar Kaushal
Q.1. Stuart Binny is associated with which sports?
A) Tennis B) Hockey
C) Cricket D) Badminton
Answer : C .

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 Q.2.    The Rajiv Gandhi Orang National Park was in news recently, for getting the name of former
         Prime Minister Rajiv Gandhi removed from the national park. The facility is based in which
         state?
         A) Madhya Pradesh                    B) Maharashtra
         C) Assam                             D) Uttar Pradesh
  Answer : C      .

 Q.3.    Atal Pension Yojana (APY) is administered by which organisation?
         A) PFRDA                             B) RBI
         C) IRDA                              D) LIC
  Answer : A          .

 Q.4.    The Premature Withdrawal under the Kisan Vikas Patra can be made after how many years?
         A) 1 year                            B) 2 years
         C) 2.5 years                         D) 3 years
  Answer : C      .

  Q.5.   How many accounts can be opened per girl child under the Sukanya Samriddhi Account
         scheme?
         A) no limit                          B) three
         C) two                               D) one
  Answer : D              .

  Q.6.   What is the tenure of the Sovereign Gold Bond Scheme (SGB)?
         A) 8 years                           B) 7 years
         C) 6 years                           D) 5 years
  Answer : A      .

  Q.7.   The Pradhan Mantri Ujjwala Yojana (PMUY) was formally launched in which state?
         A) Bihar                             B) Uttar Pradesh
         C) Maharashtra                       D) Gujarat
  Answer : B          .

   It was launched on 1 May 2016 in Ballia, Uttar Pradesh by Prime Minister Shri Narendra Modi

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  Q.8.   Which among the following is the Pension Fund Manager under the Pradhan Mantri Shram
         Yogi Maandhan (PM-SYM) Yojana?
         A) New India Assurance             B) Life Insurance Corporation of India
         C) United India Insurance          D) The Oriental Insurance Company
  Answer : B     .

  Q.9.   What is the share of Central government in the budget financing of the POSHAN Abhiyaan
         (National Nutrition Mission)?
         A) 100%                            B) 70%
         C) 30%                             D) 50%
  Answer : D     .

  Q.10. The Pradhan Mantri Jan Dhan Yojana (PMJDY) was launched based on how many pillars?
         A) 6                               B) 9
         C) 12                              D) 4
  Answer : A         .

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