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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?

A.   Mengniu (China)

B.   Fonterra (New Zealand)

C.   Arla Foods (Denmark)

D.   Amul (India)

Answer: Option D

Explanation:

Amul has rightfully claimed the title of the world's strongest dairy brand. Its commitment to quality, innovation, social responsibility, and sustainability has set it apart from its competitors. As we move forward, it will be fascinating to witness how Amul continues to evolve and maintain its position as a global leader in the dairy industry.


 


2. How much amount is the International Finance Corporation set to invest in IIFL Home Finance Limited?

A.   Up to $50 million

B.   Up to $100 million

C.   Up to $200 million

D.   Up to $500 million

Answer: Option B

Explanation:

The investment of up to $100 million by the International Finance Corporation in IIFL Home Finance Limited represents a significant step towards expanding access to housing finance for economically weaker sections. By leveraging the strengths of IIFL Home Finance and IFC's commitment to sustainable development, this partnership holds the potential to transform the lives of individuals and communities, empowering them to achieve the dream of having a place to call their own.


 


3. Which city secured the top spot in the Swachh Vayu Sarvekshan -2023 in the category of cities with a population exceeding 10 lakhs?

A.   Mumbai

B.   Indore

C.   Delhi

D.   Chennai

Answer: Option B

Explanation:

Indore's top ranking in the Swachh Vayu Sarvekshan -2023 is a testament to its unwavering dedication towards cleanliness. The city's journey, marked by innovative waste management practices, public participation, and strong government support, serves as an inspiration to cities across the nation. Indore's success story reminds us all of the transformative power of collective action in creating a cleaner, healthier, and more sustainable future for our cities.


 


4. Where was the Arunachal Pradesh League launched recently?

A.   New Delhi

B.   Arunachal Pradesh

C.   Assam

D.   Sikkim

Answer: Option A

Explanation:

The Arunachal Pradesh League has emerged as a game-changer for cricket in the North East. With its launch in New Delhi, it signals a new era for the sport in Arunachal Pradesh and beyond. This league not only provides a platform for aspiring cricketers but also brings the excitement and fervor of the fans from football to cricket. As the league progresses, we can expect to witness the rise of cricketing stars from the North East, leaving an indelible mark on the national and international cricketing scene.


 


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)?

A.   8.5%

B.   6.1%

C.   7.0%

D.   9.5%

Answer: Option A

Explanation:

The ICRA Ratings report's projection of an 8.5% GDP growth rate for India in the first quarter of FY24 highlights the nation's potential for economic resurgence. It serves as a positive indicator and offers valuable insights for policymakers, investors, and stakeholders. However, it is important to note that projections are subject to various external factors and uncertainties, and thus, continuous monitoring and adaptation of strategies are essential for sustained growth.


 


6.Which organization has partnered with the Government of Telangana to infuse the Ethics of AI into artificial intelligence systems?

A.   IBM

B.   Google

C.   UNESCO

D.   Microsoft

Answer: Option C

Explanation:

The partnership between the Government of Telangana and UNESCO marks a significant step towards infusing ethics into AI systems. By prioritizing ethical considerations, Telangana is paving the way for responsible AI development and deployment. Through collaborative initiatives and a shared vision for ethical AI, the state has the potential to become a global leader in the field. This partnership serves as a model for other regions and organizations to follow, emphasizing the importance of ethics in shaping the future of AI.


 


7. Which of the following companies has the Best ESG Rating amongst the Indian Listed Insurance Companies?

A.   ICICI Prudential Life Insurance

B.   SBI Life

C.   LIC

D.   HDFC ERGO company

Answer: Option A

Explanation:

In the realm of Indian listed insurance companies, ICICI Prudential Life Insurance shines as the leader in terms of its ESG rating. With an impressive rating of A, the company showcases its dedication to sustainable practices and responsible business conduct. As the focus on ESG factors continues to grow, investors seeking to align their portfolios with sustainability goals can consider ICICI Prudential Life Insurance as a top choice.


 


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?

A.   Italy

B.   Turkey

C.   Greece

D.   Spain

Answer: Option C

Explanation:

Indian Prime Minister Narendra Modi's visit to Greece marks a significant diplomatic milestone, reinvigorating the long-standing ties between the two nations. This visit not only fosters cultural exchange but also explores economic opportunities and strengthens strategic alliances. As India and Greece embark on a new chapter of collaboration, the visit holds immense promise for the future, setting the stage for enhanced bilateral relations and mutually beneficial cooperation.


 


9. Who won the FIDE World Cup for the first time in his career on August 25, 2023?

A.   Rameshbabu Praggnanandhaa

B.   Hikaru Nakamura

C.   Magnus Carlsen

D.   Fabiano Caruana

Answer: Option C

Explanation:

Magnus Carlsen's victory in the FIDE World Cup on August 25, 2023, was a testament to his exceptional skills and unwavering determination. His strategic brilliance and ability to outmaneuver opponents made him a deserving champion. This triumph solidifies Carlsen's place in chess history and sets the stage for even greater accomplishments in the future.


 


10. Which port authority in India is signing a concession agreement with DP World for the development of a new mega container terminal?

A.   Deendayal Port Authority

B.   Mumbai Port Authority

C.   Chennai Port Authority

D.   Kolkata Port Authority

Answer: Option A

Explanation:

The signing of the concession agreement between Deendayal Port Authority and DP World for the mega container terminal at Tuna-Tekra is a significant step towards strengthening India's port infrastructure. This transformative venture promises to revolutionize trade dynamics, enhance operational efficiency, and position Deendayal Port Authority as a key player in the global maritime industry. With this collaboration, India takes a leap forward in its quest to become a formidable force in international trade.


 


11. What is the name of Iran's latest achievement in unmanned aerial technology?

A.   Mirage-15 drone

B.   Mohawk-5 drone

C.   Falcon-20 drone

D.   Mohajer-10 drone

Answer: Option

Explanation: D

The introduction of Iran's Mohajer-10 drone represents a significant leap forward in unmanned aerial technology. With its advanced features, capabilities, and potential applications, this drone is set to make a lasting impact in both military and civilian domains. As the world witnesses the transformative power of such technological advancements, it is evident that Iran's dedication to innovation continues to push the boundaries of what unmanned aerial systems can achieve.


 


12. What is the theme of Women's Equality Day 2023?

A.   Women's Rights Matter

B.   Embrace Equity

C.   Break the Glass Ceiling

D.   Celebrate Women's Achievements

Answer: Option B

Explanation:

The theme "Embrace Equity" for Women's Equality Day 2023 encapsulates the essence of the ongoing fight for gender equality. It calls upon individuals, communities, and societies to actively work towards creating a world where women have equal rights, opportunities, and representation. By embracing equity, we can break down barriers, empower women, and celebrate their achievements. Let us come together and strive for a future where gender equality is not just a dream but a reality.


 


13. Which state is hosting the 26th National Conference on e-Governance?

A.   Rajasthan

B.   Madhya Pradesh

C.   Maharashtra

D.   Uttar Pradesh

Answer: Option B

Explanation:

The 26th National Conference on e-Governance in Indore, Madhya Pradesh stands as a testament to the nation's commitment to leveraging technology for the betterment of its citizens. Through this conference, stakeholders aim to pave the way for a more inclusive, transparent, and efficient governance system. As we move forward, it is crucial to embrace the potential of e-Governance, harnessing its power to transform the lives of millions. Together, we can build a digital ecosystem that empowers the citizens and propels the nation towards a brighter future.


 


14. Which organization has partnered with IIT Bombay and the Shakti Sustainable Energy Foundation to promote innovation in the field of green hydrogen?

A.   Reliance Industries

B.   GAIL India

C.   HSBC India

D.   BHEL

Answer: Option C

Explanation:

The collaboration between IIT Bombay, the Shakti Sustainable Energy Foundation, and HSBC India marks a significant milestone in the journey towards a greener and more sustainable world. By joining forces, these organizations are poised to revolutionize the field of green hydrogen, unlocking its full potential as a clean and versatile energy source. Through their collective expertise, research capabilities, and financial support, they aim to drive technological advancements that will make green hydrogen more efficient, cost-effective, and scalable. This partnership sets a shining example of collaborative efforts in advancing sustainable energy solutions and paves the way for a brighter, cleaner future.


 


15. Which of the following banks has partnered with Marriott Bonvoy, to unveil Marriott's first Credit Card?

A.   Canara Bank

B.   AXIS Bank

C.   ICICI Bank

D.   HDFC Bank

Answer: Option D

Explanation:

The Marriott Bonvoy HDFC Bank Credit Card is a game-changer in the realm of travel and credit cards. This collaboration between HDFC Bank and Marriott Bonvoy brings together the best of banking and hospitality, offering customers a unique blend of rewards, privileges, and experiences. Whether you are a travel enthusiast or seeking a credit card that goes beyond the ordinary, the Marriott Bonvoy HDFC Bank Credit Card is an exceptional choice. Get ready to embark on a journey of elevated travel experiences and reap the exclusive benefits that await you.


 


16. Infosys has announced a three-year partnership with which of the following sportsperson?

A.   Roger Federer

B.   Serena Williams

C.   Rafael Nadal

D.   Novak Djokovic

Answer: Option C

Explanation:

In the world of technology and sports, the partnership between Infosys and Rafael Nadal is a game-changer. This collaboration not only signifies the convergence of excellence in technology and sportsmanship but also paves the way for unprecedented advancements in digital innovation. As Infosys and Nadal take center stage in shaping the future of sports, the possibilities are boundless, and we eagerly anticipate the groundbreaking transformations that lie ahead.


 


17. What is the theme of the B20 Summit India 2023?

A.   Responsible, Accelerated, Innovative, Sustainable, Equitable (R.A.I.S.E) Businesses

B.   Business Opportunities in India (B.O.I.N)

C.   Bridging the Digital Divide

D.   Global Economic Trends In Businesses (G.E.T.I.B)

Answer: Option A

Explanation:

The theme of the B20 Summit India 2023, R.A.I.S.E Businesses, encapsulates the core principles that businesses need to embrace in the face of evolving global challenges. By prioritizing responsible practices, accelerating innovation, adopting sustainable business models, and promoting equitable growth, businesses can contribute to a more prosperous and inclusive world. The B20 Summit India 2023 promises to be a platform for fruitful discussions, collaborations, and initiatives that will shape the future of businesses worldwide.


 


18. Which life insurance company in India recently launched a dedicated 24x7 inbound contact centre for customer queries?

A.   LIC (Life Insurance Corporation of India)

B.   HDFC Life Insurance

C.   ICICI Prudential Life Insurance

D.   SBI Life Insurance

Answer: Option D

Explanation:

SBI Life Insurance's initiative to launch a dedicated 24x7 inbound contact centre demonstrates their commitment to providing exceptional customer care support. By offering round-the-clock assistance, seamless communication channels, and a team of knowledgeable professionals, SBI Life Insurance has set a new benchmark in customer service within the insurance industry. This customer-centric approach will undoubtedly strengthen their position in the market and forge stronger relationships with their valued policyholders.



 


19. Cleartrip, a subsidiary of Flipkart, partnered with which prominent private sector bank in India to introduce an innovative travel proposition?

A.   ICICI Bank

B.   HDFC Bank

C.   Axis Bank

D.   State Bank of India (SBI)

Answer: Option C

Explanation:

In a world where travel is constantly evolving, Cleartrip and Axis Bank have come together to redefine the way we explore the world. Through their innovative travel proposition, they aim to make every journey memorable and hassle-free for Axis Bank credit cardholders. With exciting offers, seamless booking experiences, and unparalleled rewards, this partnership sets a new benchmark for travel convenience and customer satisfaction. So, fasten your seatbelts and get ready to embark on your next adventure with Cleartrip and Axis Bank!

 


 

 

 

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