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Daily Current Affairs 18 to 20 August 2024


6. Which sector contributed the most to the net FDI increase in India during Q1 FY25?

A. Healthcare

B. Manufacturing

C. Retail

D. Hospitality

Discuss Work Space

Answer: option b

Explanation:

The net foreign direct investment (FDI) in India surged to $6.9 billion during the April-June quarter of FY25, driven by a significant rise in gross inward FDI. The manufacturing sector, along with financial services, communication services, computer services, and energy, accounted for about 80% of the total inflows.

7. Which tribunal approved the merger of Slice with North East Small Finance Bank?

A. National Company Law Tribunal

B. Securities Appellate Tribunal

C. Debt Recovery Tribunal

D. Income Tax Appellate Tribunal

Discuss Work Space

Answer: option a

Explanation:

The National Company Law Tribunal (NCLT) approved the merger of fintech company Slice with North East Small Finance Bank. The scheme of arrangement and amalgamation was sanctioned by the Guwahati bench of the NCLT.

8. On which day is World Humanitarian Day observed annually?

A. August 17

B. August 18

C. August 19

D. August 20

Discuss Work Space

Answer: option c

Explanation:

World Humanitarian Day is observed annually on August 19. In 2024, the day highlighted the growing dangers faced by humanitarian workers, with 2023 being the deadliest year on record for aid workers.

9. Who was the Director General of the Indian Coast Guard who recently passed away due to a cardiac arrest?

A. K. Natarajan

B. Rajendra Singh

C. Rakesh Pal

D. M. P. Muralidharan

Discuss Work Space

Answer: option c

Explanation:

Director General of the Indian Coast Guard, Rakesh Pal, passed away due to a severe cardiac arrest in Chennai. He was 59 and was in Chennai to participate in a Coast Guard function led by Defence Minister Rajnath Singh.

10. Which year does the Indian Army aim to contribute to the objective of Viksit Bharat?

A. 2035

B. 2040

C. 2045

D. 2047

Discuss Work Space

Answer: option d

Explanation:

Army Chief General Upendra Dwivedi chaired a high-level meeting on August 20 focusing on the Indian Army's ongoing transformational initiatives, with a goal to contribute towards achieving the objective of Viksit Bharat by 2047.


Daily Current Affairs 18 to 20 August 2024 FAQ

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