Current Affairs - Current Affairs

Exercise : Daily Current Affairs
  • August 25, 2023 Current Affairs
1.
According to the Brand Finance Food and Drink Report 2023, which dairy brand has been ranked as the world's strongest?
Mengniu (China)
Fonterra (New Zealand)
Arla Foods (Denmark)
Amul (India)
Answer: Option
Explanation:
According to the Brand Finance Food and Drink Report 2023, Amul has been ranked as the world's strongest dairy brand. Amul is a cooperative dairy organization in India that is known for its high-quality dairy products. It has a strong brand reputation for its commitment to quality, innovation, and social responsibility. Amul is also the world's largest dairy brand by volume.

2.
How much amount is the International Finance Corporation set to invest in IIFL Home Finance Limited?
Up to $50 million
Up to $100 million
Up to $200 million
Up to $500 million
Answer: Option
Explanation:
International Finance Corporation, a member of the World Bank Group is set to invest up to $100 million in IIFL Home Finance Limited, in a move aimed at increasing access to housing finance for economically weaker sections (EWS).

3.
Which city secured the top spot in the Swachh Vayu Sarvekshan -2023 in the category of cities with a population exceeding 10 lakhs?
Mumbai
Indore
Delhi
Chennai
Answer: Option
Explanation:
The city of Indore has clinched the top spot in the Swachh Vayu Sarvekshan -2023 conducted by the Central Pollution Control Board, in the category of cities with a population exceeding 10 lakhs.

4.
Where was the Arunachal Pradesh League launched recently?
New Delhi
Arunachal Pradesh
Assam
Sikkim
Answer: Option
Explanation:
Arunachal Pradesh League has been launched in New Delhi. A new ball game aims to replicate the cheers of the fans in the North East, from the football fields to the cricket pitch.

5.
According to the ICRA Ratings report, what is the projected GDP growth rate for India in the first quarter of fiscal year 2023 (FY24)?
8.5%
6.1%
7.0%
9.5%
Answer: Option
Explanation:
According to the ICRA Ratings report the projected GDP growth rate for India in the first quarter of FY24 is 8.5%.

6.
Which organization has partnered with the Government of Telangana to infuse the Ethics of AI into artificial intelligence systems?
IBM
Google
UNESCO
Microsoft
Answer: Option
Explanation:
The Government of Telangana and UNESCO signed a Letter of Intent on August 20, 2023 to collaborate on the implementation of the UNESCO Recommendation on the Ethics of AI. The partnership aims to promote the ethical development and use of AI in Telangana, and to help the state become a global leader in the field of AI ethics.

7.
Which of the following companies has the Best ESG Rating amongst the Indian Listed Insurance Companies?
ICICI Prudential Life Insurance
SBI Life
LIC
HDFC ERGO company
Answer: Option
Explanation:
ICICI Prudential Life Insurance received a rating of A in the MSCI ESG Ratings assessment. ICICI Prudential Life has the Best ESG Rating amongst the Indian Listed Insurance Companies.

8.
During a recent diplomatic milestone, which country did Indian Prime Minister Narendra Modi visit, making him the first Indian Prime Minister to set foot in that country in 40 years?
Italy
Turkey
Greece
Spain
Answer: Option
Explanation:
Indian Prime Minister Narendra Modi visited Greece, marking a significant diplomatic milestone as he became the first Indian Prime Minister to set foot in the country in 40 years.

9.
Who won the FIDE World Cup for the first time in his career on August 25, 2023?
Rameshbabu Praggnanandhaa
Hikaru Nakamura
Magnus Carlsen
Fabiano Caruana
Answer: Option
Explanation:
Magnus Carlsen defeated India's Rameshbabu Praggnanandhaa in the final match by a score of 2.5-1.5 to win the FIDE World Cup for the first time in his career. The match was played in Baku, Azerbaijan.

10.
Which port authority in India is signing a concession agreement with DP World for the development of a new mega container terminal?
Deendayal Port Authority
Mumbai Port Authority
Chennai Port Authority
Kolkata Port Authority
Answer: Option
Explanation:
Deendayal Port Authority, is signing an agreement for the development, operation and maintenance of a new mega container terminal at Tuna-Tekra, Gujarat (near Kandla) with DP World.

11.
What is the name of Iran's latest achievement in unmanned aerial technology?
Mirage-15 drone
Mohawk-5 drone
Falcon-20 drone
Mohajer-10 drone
Answer: Option
Explanation:
In a significant event attended by senior Iranian officials, the Islamic Republic recently introduced its latest achievement in unmanned aerial technology – the Mohajer-10 drone.

12.
What is the theme of Women's Equality Day 2023?
Women's Rights Matter
Embrace Equity
Break the Glass Ceiling
Celebrate Women's Achievements
Answer: Option
Explanation:
Women’s Equality Day, observed annually on August 26, marks a global recognition of the ongoing struggle for equal rights and opportunities for women. The theme for Women's Equality Day 2023 is "Embrace Equity".

13.
Which state is hosting the 26th National Conference on e-Governance?
Rajasthan
Madhya Pradesh
Maharashtra
Uttar Pradesh
Answer: Option
Explanation:
The 26th National Conference on e-Governance began in Indore, Madhya Pradesh to deliberate on providing better facilities to the citizens.

14.
Which organization has partnered with IIT Bombay and the Shakti Sustainable Energy Foundation to promote innovation in the field of green hydrogen?
Reliance Industries
GAIL India
HSBC India
BHEL
Answer: Option
Explanation:
IIT Bombay and the Shakti Sustainable Energy Foundation have partnered with HSBC India to support technological advancements to make green hydrogen more efficient, cost-effective, and scalable. The partnership is backed by a grant of INR 15 crore (about $2 million).

15.
Which of the following banks has partnered with Marriott Bonvoy, to unveil Marriott's first Credit Card?
Canara Bank
AXIS Bank
ICICI Bank
HDFC Bank
Answer: Option
Explanation:
In a groundbreaking collaboration, HDFC Bank, India’s leading private sector bank, has partnered with Marriott Bonvoy, the acclaimed travel program by Marriott International, to unveil the ‘Marriott Bonvoy HDFC Bank Credit Card‘.

16.
Infosys has announced a three-year partnership with which of the following sportsperson?
Roger Federer
Serena Williams
Rafael Nadal
Novak Djokovic
Answer: Option
Explanation:
Infosys announces a three-year partnership with global tennis icon Rafael Nadal, appointing him as the brand ambassador and the face of Infosys’ Digital Innovation.

17.
What is the theme of the B20 Summit India 2023?
Responsible, Accelerated, Innovative, Sustainable, Equitable (R.A.I.S.E) Businesses
Business Opportunities in India (B.O.I.N)
Bridging the Digital Divide
Global Economic Trends In Businesses (G.E.T.I.B)
Answer: Option
Explanation:
The theme of the B20 Summit India 2023 is Responsible, Accelerated, Innovative, Sustainable, Equitable (R.A.I.S.E) Businesses.

18.
Which life insurance company in India recently launched a dedicated 24x7 inbound contact centre for customer queries?
LIC (Life Insurance Corporation of India)
HDFC Life Insurance
ICICI Prudential Life Insurance
SBI Life Insurance
Answer: Option
Explanation:
SBI Life Insurance launched a dedicated contact centre and became the first private life insurance company in the country to have such extensive customer care support.

19.
Cleartrip, a subsidiary of Flipkart, partnered with which prominent private sector bank in India to introduce an innovative travel proposition?
ICICI Bank
HDFC Bank
Axis Bank
State Bank of India (SBI)
Answer: Option
Explanation:
Cleartrip, a subsidiary of Flipkart, has joined forces with Axis Bank, a prominent private sector bank in India, to introduce an innovative travel proposition for Axis Bank credit cardholders.