Daily Current Affairs Quiz 08 October 2021

Daily Current Affairs Quiz 08 October 2021

Daily Current Affairs Quiz 08 October 2021: This post contains Questions/Quiz based on the Current Affairs and Important News of 08 October 2021. These questions have been framed keeping in mind the pattern of banking and competitive exams and hence this current affairs quiz will be helpful for upcoming competitive exams. Give our online current affairs test every day to be prepared for all Current Affairs competitive exams

  1. What is the estimated GDP growth rate of Indian economy as per the World Bank in the fiscal year 2021-22?
    A) 7.2%
    B) 9.1%
    C) 7.5%
    D) 8.3%
    View answer
    Option D
    Explanation:
    The World Bank has estimated India’s real Gross Domestic Product (GDP) in the current fiscal year 2021-22 to grow by 8.3% in its latest economic update for South Asia.
  2. Prime Minister Narendra Modi recently dedicated 35 Pressure Swing Adsorption (PSA) Oxygen Plants to the nation. These plants have been developed under which fund?
    A) PM CARES
    B) India Infrastructure Project Development Fund (IIPDF)
    C) Prime Minister’s National Relief Fund (PMNRF) 
    D) None of the above
    View answer
    Option A
    Explanation:
    Prime Minister Narendra Modi dedicated 35 Pressure Swing Adsorption (PSA) Oxygen Plants to the nation on October 07, 2021 through video-conferencing, during an event at AIIMS Rishikesh, Uttarakhand. These 35 PSA Oxygen Plants have been established under PM CARES, across 35 States and Union Territories.
  3. In India the Air Force Day is marked every year on October 08. In 2021, which edition of the Air Force Day is being celebrated?
    A) 72
    B) 65
    C) 91
    D) 89
    View answer
    Option D
    Explanation:
    The Air Force Day is observed every year on 8 October in India.The Air Force Day 2021 marks the 89th anniversary of the official foundation day of the Indian Air force.
  4. Who has won the 2021 Nobel Prize in Literature?
    A) Kazuo Ishiguro
    B) Abdulrazak Gurnah
    C) Louise Gluck
    D) Peter Handke
    View answer
    Option B
    Explanation: 
    Abdulrazak Gurnah, a Tanzanian novelist has been awarded the 2021 Nobel Prize in Literature. Abdulrazak Gurnah writes in English and is based in the United Kingdom.
  5. P L Haranadh has been appointed as the Chairman of which of these major ports?
    A) Jawaharlal Nehru Port Trust
    B) Deendayal Port Trust
    C) Paradip Port Trust
    D) Syama Prasad Mookerjee Port Trust
    View answer
    Option C
    Explanation:
    Shri P L Haranadh, an Indian Railway Traffic Service (IRTS) officer of 1994 batch, has been appointed as the new Chairman of Paradip Port Trust (PPT).
  6. Which state has received the GI Tag for the Palghar’s Wada Kolam rice?

    A) Maharashtra
    B) West Bengal
    C) Uttar Pradesh
    D) Gujarat
    View answer
    Option A
    Explanation:
    Wada Kolam, a rice variety widely grown in Palghar district in Maharashtra has received the ‘Geographical Indication’ (GI) tag, which means the product now gets unique identity as well as wider market base.
  7. Which company has recently launched the ‘postpe’ solution based on ‘Buy Now Pay Later’ (BNPL) platform?
    A) Paytm
    B) BharatPe
    C) Whatsapp
    D) PhonePe
    View answer
    Option B
    Explanation:
    Fintech company BharatPe has launched ‘PostPe’, a new solution to provide credit to customers on the ‘Buy Now Pay Later’ (BNPL) platform.Using the postpe solution, customers can avail interest-free credit limit of up to Rs 10 lakh.
  8. Mukesh Ambani has topped the Forbes India Rich list in 2021, to retain his position as the wealthiest Indian for the ________consecutive year
    A) 17th
    B) 12th
    C) 14th
    D) 9th
    View answer
    Option C
    Explanation:
    The Reliance Industries Limited (RIL) Chairman Mukesh Ambani has topped the Forbes India Rich list for 2021, released on October 07, 2021. The list ranks India’s 100 richest Indians.He has retained his position as the wealthiest Indian for the 14th consecutive year on Forbes India list, since 2008.The tycoon added $4 billion to his net worth in 2021, to bring his total fortune to $92.7 billion.
  9. The Second Friday of October is dedicated to the celebration of which day annually?
    A) World Banana Day
    B) World Vegan Day
    C) World Coffee Day
    D) World Egg Day 
    View answer
    Option D
    Explanation:
    The World Egg Day is celebrated worldwide on the ‘Second Friday of October’ month each year since 1996.In 2021, the day is being observed on October 08, 2021.The theme for 2021 World Egg Day is  “Eggs for all: Nature’s perfect package”
  10. Which bank has become the first scheduled private sector bank to receive approval from the Government of India for collection of direct and indirect taxes?
    A) Federal Bank
    B) Kotak Mahindra Bank
    C) IndusInd Bank
    D) Bandhan Bank
    View answer
    Option B
    Explanation:
    The Kotak Mahindra Bank (KMBL) has received approval from the Government of India for collection of direct and indirect taxes, such as income tax, Goods and Services Tax (GST) etc, through its banking network. Following the announcement, the KMBL has become the first scheduled private sector bank to receive permission to take part in government-related business.
  11. Name the author of the book titled “Economist Gandhi: The Roots and the Relevance of the Political Economy of the Mahatma”?
    A) Sanjeev Bikhchandani
    B) Ashish Dhawan
    C) Deep Kalra
    D) Jaithirth Rao
    View answer
    Option D
    Explanation:
    Indian Entrepreneur and writer Jaithirth Rao, popularly known as Jerry Rao, has come out with a book on  Mahatma Gandhi titled  “Economist Gandhi: The Roots and the Relevance of the Political Economy of the Mahatma”
  12. In 2021, the World Investor Week (WIW) has been organised from October 04 to 10, 2021. Which organisation organises the annual event?
    A) International Organization of Securities Commissions (IOSCO)
    B) Financial Stability Board (FSB)
    C) Financial Action Task Force (FATF)
    D) Organisation for Economic Co-operation and Development (OECD)
    View answer
    Option A
    Explanation:
    The World Investor Week (WIW) is an initiative promoted by the International Organization of Securities Commissions (IOSCO) to raise awareness about the importance of investor education and protection and highlight the various initiatives of securities regulators in these two critical areas.In 2021, the 5th annual WIW is being observed between October 04 and October 10, 2021.

 

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