18 जून 2021 Current Affairs Quiz for Bank Exams 2021: VivaTech, BRICS Network Universities, Deep Ocean Mission, Policybazaar, SIPRI Yearbook 2021, Project O2 for India.

Solutions

S1. Ans.(c)
Sol. The Asian Development Bank (ADB) and the Government of India here today signed a $484 million loan to improve transport connectivity and facilitate industrial development in the Chennai–Kanyakumari Industrial Corridor (CKIC) in the state of Tamil Nadu.

S2. Ans.(a)
Sol. Policybazaar has got approval from regulator IRDAI to undertake insurance broking, a development that will help the company augment business and expand bouquet of services.

S3. Ans.(d)
Sol. World Day to Combat Desertification and Drought is observed on 17th June every year. The day is celebrated to raise awareness of the presence of desertification and drought, and highlight methods of preventing desertification and recovering from drought.

S4. Ans.(e)
Sol. Prime Minister,  Narendra Modi virtually addressed the 5th edition of VivaTech. VivaTech is one of the largest digital and startup events of Europe, held in Paris every year since 2016.

S5. Ans.(e)
Sol. The theme of the Conference of BRICS Network Universities is “Electric Mobility”.

S6. Ans.(b)
Sol. Union Minister of Earth Sciences is Dr Harsh Vardhan.

S7. Ans.(d)
Sol. Stockholm International Peace Research Institute(SIPRI) has released the SIPRI Yearbook 2021. The report assesses the current state of armaments, disarmament and international security. China is in the middle of significant modernisation and expansion of its nuclear weapon inventory, and India and Pakistan also appear to be expanding their nuclear arsenals.

S8. Ans.(a)
Sol. Telangana government has launched the Telangana AI Mission (T-AIM) powered by Nasscom and as part of the T-AIM, an accelerator programme called “Revv Up” has been launched to enable and empower AI startups.

S9. Ans.(d)
Sol. ICICI Bank has announced the launch of ‘ICICI STACK for Corporates’, a comprehensive set of digital banking solutions for corporates and their entire ecosystem including promoters, group companies, employees, dealers, vendors and all other stakeholders.

S10. Ans.(c)
Sol. Defence Minister Rajnath Singh has approved the budgetary support of Rs 498.8 crore for iDEX-DIO (Innovations for Defence Excellence – Defence Innovation Organisation) for the next five years.

S11. Ans.(b)
Sol. Microsoft Corp, named Chief Executive Officer Satya Nadella as its new chairman.Nadella took over as the software giant’s CEO in 2014, succeeding Steve Ballmer.

S12. Ans.(c)
Sol. The Indian Institute of Technology Bombay (IIT Bombay) is hosting a three day virtual “Conference of BRICS Network Universities”.

S13. Ans.(a)
Sol. ‘Project O2 for India’, an initiative of the Office of Principal Scientific Adviser, Government of India (GoI), aims to help stakeholders working to augment the country’s ability to meet the rise in demand for medical oxygen.

S14. Ans.(e)
Sol. Defence Minister Rajnath Singh has approved a policy on archiving, declassification, compilation and publication of war and operations histories by the Ministry of Defence (MoD). According to the policy, records should ordinarily be declassified in 25 years.

S15. Ans.(d)
Sol. “Restoration. Land. Recovery. We build back better with healthy land” is the theme for 2021 World Day to Combat Desertification and Drought.