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Daily Current Affairs 13 August 2024


1. Who has been appointed as the new Chairman & Managing Director of NHPC Limited?

A. Rajeev Sharma

B. Raj Kumar Chaudhary

C. Pankaj Singh

D. Vinay Kumar

Discuss Work Space

Answer: option b

Explanation:

Shri Raj Kumar Chaudhary has been appointed as the new Chairman & Managing Director of NHPC Limited, bringing with him extensive experience in hydroelectric power development.

2. Which regulatory body has introduced stricter norms for Housing Finance Companies (HFCs)?

A. SEBI

B. IRDAI

C. RBI

D. NABARD

Discuss Work Space

Answer: option c

Explanation:

The Reserve Bank of India (RBI) has introduced stricter regulations for Housing Finance Companies (HFCs) to align their public deposit norms with those for Non-Banking Financial Companies (NBFCs).

3. Bharti Global is set to acquire what percentage stake in BT Group plc?

A. 10.5%

B. 15.5%

C. 20.5%

D. 24.5%

Discuss Work Space

Answer: option d

Explanation:

Bharti Global is acquiring a 24.5% stake in the British telecom giant BT Group plc for approximately $4 billion through its subsidiary Bharti Televentures UK Ltd.

4. What was India’s retail inflation rate in July 2024?

A. 2.5%

B. 3.5%

C. 4.5%

D. 5.5%

Discuss Work Space

Answer: option b

Explanation:

India’s retail inflation rate, as measured by the Consumer Price Index (CPI), fell to 3.54% in July 2024, reaching a nearly 5-year low due to a significant drop in food prices.

5. The Mitra Shakti 2024 military exercise involves which two countries?

A. India and Bangladesh

B. India and Sri Lanka

C. India and Nepal

D. India and Maldives

Discuss Work Space

Answer: option b

Explanation:

The Mitra Shakti 2024 is an annual bilateral military exercise between the Indian Army and the Sri Lankan Army, aimed at enhancing military cooperation between the two nations.


Daily Current Affairs 13 August 2024 FAQ

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