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Daily Current Affairs 22 August 2024


1. Which Union Minister launched the online platforms PROMPT, DRIPS, and JAL VIDYUT DPR to enhance the power sector?

A. Piyush Goyal

B. Manohar Lal Khattar

C. Raj Kumar Singh

D. Nitin Gadkari

Discuss Work Space

Answer: option b

Explanation:

Union Minister Manohar Lal Khattar launched the online platforms PROMPT, DRIPS, and JAL VIDYUT DPR on August 20, 2024, in New Delhi. These platforms aim to enhance efficiency, transparency, and effectiveness in the power sector.

2. What is the projected private capital expenditure for FY25 according to the RBI?

A. ₹1.59 trillion

B. ₹2.45 trillion

C. ₹2.10 trillion

D. ₹1.95 trillion

Discuss Work Space

Answer: option b

Explanation:

The Reserve Bank of India (RBI) has forecasted that private capital expenditure is expected to rise to ₹2.45 trillion in FY25, up from ₹1.59 trillion in FY24. This increase is driven by strong investment intentions and infrastructure development.

3. What is the new feature launched by NPCI on the UPI platform for secure payments among trusted users?

A. UPI Shield

B. UPI Guard

C. UPI Circle

D. UPI Secure

Discuss Work Space

Answer: option c

Explanation:

NPCI has launched a feature called ‘UPI Circle’ on the UPI platform, allowing primary UPI account holders to delegate payment responsibilities securely to trusted secondary users, enhancing convenience and security in digital transactions.

4. Who has been appointed as the Secretary of the Department for Promotion of Industry and Internal Trade (DPIIT)?

A. Rajesh Kumar Singh

B. Debjani Ghosh

C. Amardeep Singh Bhatia

D. Manohar Lal Khattar

Discuss Work Space

Answer: option c

Explanation:

Amardeep Singh Bhatia, a 1993-batch IAS officer from the Nagaland cadre, has been appointed as the Secretary of the Department for Promotion of Industry and Internal Trade (DPIIT), succeeding Rajesh Kumar Singh.

5. Which company merged with North East Small Finance Bank as approved by the NCLT?

A. Zomato

B. Paytm

C. Slice

D. NPCI

Discuss Work Space

Answer: option c

Explanation:

The National Company Law Tribunal (NCLT) has approved the merger of Slice, a leading fintech company, with North East Small Finance Bank (NESFB). This merger combines Slice’s digital expertise with NESFB’s grassroots banking capabilities.


Daily Current Affairs 22 August 2024 FAQ

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