Daily GK and Current Affairs Quiz – 4th August 2021

Correct Answer – D. Lamont Marcell Jacobs

Explanation: Italy’s Lamont Marcell Jacobs outshone a field of unusual suspects to claim a shock Olympic gold in the men’s 100 metres, breaking retired Jamaican star Usain Bolt’s 13-year hold on the blue-riband event. American Fred Kerley took silver in a personal best of 9.84 with Canada’s Andre de Grasse repeating his bronze of 2016 in 9.89, also a new best.

In the women category:

Elaine Thompson-Herah led a Jamaican sweep in the women’s 100 meters at the Tokyo Summer Games, capturing gold in an Olympic-record time of 10.61 seconds. Thompson-Herah’s time was also the second-fastest women’s 100 of all time. Veteran teammate Shelly-Ann Fraser-Pryce took the silver in 10.74 seconds while Shericka Jackson, also of Jamaica, was third in 10.76. Teahna Daniels of the U.S. was seventh in 11.02.

Correct Answer – D. Priyanka Chopra Jonas

Explanation: Italian luxury brand Bvlgari has appointed actor Priyanka Chopra Jonas as global brand ambassador. She will support the Roman high jewellery house in amplifying the brand around the world, with a particular focus on themes of women empowerment, diversity and inclusion. Bvlgari is known for its gemstone jewellery, watches, fragrances, accessories and leather goods.

Priyanka Chopra Jonas is also a global UNICEF Goodwill Ambassador, and recipient of the prestigious Danny Kaye Humanitarian award, serving as a symbol of power and strength for millions of young women.

In 2020, the company partnered with perfume and taste company Firmenich on a sustainable flower farming project called “Flower Gems of India.” The goal was to create a new jasmine farming model involving 100 family-owned farms in Tamil Nadu, offering local communities an alternative approach to jasmine production to increase their profits and enhance the quality of their flowers.

Correct Answer – B. Janalaxmi Co-operative Bank

Explanation: Reserve Bank of India has imposed a penalty of Rs 50.35 lakh on Janalaxmi Co-operative Bank, Nashik for non-compliance with certain regulatory requirements. The penalty on Janalaxmi Co-operative Bank has been imposed for non-compliance with directions issued by RBI on ‘Placement of Deposits with Other Banks by Primary (Urban) Co-operative Banks’ and ‘Membership of Credit Information Companies (CICs)’. A statutory inspection conducted by RBI with reference to the bank’s financial position as on March 31, 2019, and the inspection report pertaining thereto, and examination of all related correspondence revealed non-compliance with the directions.

Correct Answer – B. United States

Explanation: United States clinched an exhilarating 1-0 extra-time win over defending champion Mexico to claim a seventh CONCACAF Gold Cup. Just three minutes were left in extra time when the US defender head-butted a cross by Kellyn Acosta past Mexican goalkeeper Alfredo Talavera.This was the American team’s first Gold Cup title since 2017 and avenged a defeat to Mexico in 2019 final. Mexico’s Hector Herrera was the Tournament’s Best Player. US Matt Turner, who recorded five clean sheets, was voted Best Goalkeeper. Almoez Ali of Qatar received the Top Scorer Award.

Correct Answer – D. Alexander Zverev

Explanation: Germany’s Alexander Zverev beats Russian Karen Khachanov 6-3 6-1 to win the men’s singles gold at the Tokyo Olympics. He became the first German man to win singles Olympic gold. The 24-year-old, who has yet to win a Grand Slam title, was in stunning form in the one-hour and 19-minute express contest to become the first German man to win a single Olympic gold. Zverev became only the second German to win Olympic singles gold, matching Steffi Graff’s achievement at the 1988 Seoul Olympics.

Correct Answer – C. Ebrahim Raisi

Explanation:  Ultra-conservative cleric and judiciary chief Ebrahim Raisi has taken over as eighth president of Iran with effect from August 3, 2021.He replaced moderate President Hassan Rouhani who was not allowed run for a third consecutive term by Iranian constitution.He won Iranian presidential elections in June with 61.95% of the vote.Ebrahim Raisi has also become the first Iranian president to be sanctioned by US even before assuming office as he was designated in 2019.

Correct Answer – C. Sanjeev Singh

Explanation: Union Minister for Youth Affairs and Sports, Anurag Singh Thakur has launched the theme song for the Indian Paralympic contingent in New Delhi.The song is titled as Kar De Kamaal Tu.The singer and composer of the song is Sanjeev Singh (Divyang cricket player from Lucknow).Paralympic Games in Tokyo will begin from August 24, 2021 and 54 para-sportspersons across 9 sports disciplines will participate in the same from India.

Correct Answer – D. $650 billion

Explanation: Board of Governors of International Monetary Fund (IMF) have approved allocation of $650 billion in IMF Special Drawing Rights (SDR) to help boost global liquidity.Aim: To support member countries, especially emerging and developing nations, battling the coronavirus pandemic and the economic downturn it has caused.The allocation will become effective from August 23, 2021.The newly created SDRs will be credited to member countries in proportion to their existing quotas shareholding in the Fund.

Correct Answer – D. Mini Ipe

Explanation: Mini Ipe took charge as managing director of Life Insurance Corporation of India.Ipe is a post-graduate in commerce and joined LIC in 1986 as a direct recruit officer.She has a diverse experience in LIC having worked in various capacities.LIC is India’s 2nd-largest financial services institution with a Rs 31 lakh crore balance sheet, next to the country’s largest bank, State Bank of India (SBI), with assets of Rs 39.51 lakh crore.

Correct Answer – D. DBS Bank

Explanation: DBS Bank has been awarded as the global winner for Most Innovative in Digital Banking by Financial Times publication, The Banker in its 2021 Innovation in Digital Banking Awards.He was also recognised as Asia-Pacific winner and won in the Cyber Security category for its Secure Access and Remote Working Solution.Banker’s Innovation in Digital Banking Awards: It recognise the most innovative banks across the world for their digital banking initiatives, strategy, and overall commitment to digital transformation.

Correct Answer – B. 6

Explanation: The Lok Sabha passed the Essential Defence Services Bill, 2021 on 3 August 2021. The bill seeks to replace the ordinance promulgated in June 2021 and allows the central government to prohibit strikes, lock-outs, and lay-offs in units engaged in essential defense services. The prohibition order will remain in force for six months and may be extended by another six months.

Correct Answer – C. 1000

Explanation: The Government of India has decided to establish 1,000 Khelo India centres across the country. 236 sports academies are being accredited across the country under the “Support to National, Regional, State Sports Academies”. Under the Khelo India scheme, athletes are identified and selected, and provided with the annual financial assistance of Rs 6.28 lakh per athlete per annum.

Correct Answer – B. Khalid Mansoor

Explanation: Pakistan on 3 August 2021 appointed a new pointman Khalid Mansoor for the USD 60 billion ChinaPakistan Economic Corridor (CPEC) to expedite the implementation of various projects. The CPEC is the flagship project of China’s ambitious multi-billion-dollar Belt and Road Initiative (BRI). India has protested to China over the CPEC as it is being laid through Pakistan-occupied Kashmir (PoK).

• Pakistan:  Capital – Islamabad.
• Currency – Pakistani rupee.
• National Sport – Field hockey.

Correct Answer: B. Ajay Kumar

Explanation: Defence Secretary Ajay Kumar launched a website ‘indianidc2021.mod.gov.in’ on the 75th Independence Day celebrations so that Indians across the world can participate in the national festival 2021 year. For the first time, the platform will live stream the Independence Day celebrations from the majestic Red Fort on August 15, 2021, in the virtual reality (VR) 360 degree format. The platform also provides features like a special IDC Radio, Gallery, Interactive filters, E-books on deeds of Gallantry, 50 years of 1971 victory and Blogs on the Freedom Movement, Wars and War Memorials.