Current Affairs 21 August 2026: 10 Questions & Answers

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Review concise direct answers and the essential concept behind each question. Use the original MCQ practice set for exam-style testing.

What is the Central Board of Directors?

Direct Answer
The Central Board of Directors is the apex decision-making body of the RBI, comprising official directors (Governor and Deputy Governors) and non-official directors appointed by the Government of India
Concept
Appointee Role Tenure
S. Somanath Part-time, non-official director 4 Years (from Aug 20, 2026)
Anand Mahindra Part-time, non-official director Re-appointed for 4 Years
Practice this as MCQ Question 1 →

What is the Advanced Medium Combat Aircraft (AMCA)?

Direct Answer
The Advanced Medium Combat Aircraft (AMCA) is India's fifth-generation stealth fighter jet program, requiring a highly advanced, indigenous high-thrust combat engine to achieve full operational capability by 2035
Concept
Entity Contribution to AMCA Engine Partnership
Reliance Industries (RIL) Industrial scaling, manufacturing ecosystem, and strategic capital allocation
Rolls-Royce Design, testing, and 100-year legacy aerospace gas turbine technology transfer
Joint Initiative Creation of a sovereign Aerospace Gas Turbine Complex in India covering through-life support
Practice this as MCQ Question 2 →

What is the difference between Funding Agency: and Loan Amount:?

Direct Answer
Funding Agency:: Asian Development Bank (ADB)
Loan Amount:: $230 Million USD
Key Infrastructure:: 170+ km of water/sewer pipe and 45 pumping stations
Concept
The Chennai Climate-Resilient Water Security and Sewerage Project is a large-scale urban infrastructure upgrade aimed at fortifying Chennai’s water distribution networks against extreme climate events
Practice this as MCQ Question 3 →

What is Polylactic Acid (PLA)?

Direct Answer
Polylactic Acid (PLA) is a biodegradable, fully compostable biopolymer synthesized from renewable biomass resources, marking a fundamental shift away from petrochemical-based single-use plastics
Concept
The PLA biopolymer continuous production flow:1. Sugarcane Cultivation→2. Sugar Extraction→3. Fermentation to Lactic Acid→4. Polymerization to PLA Plastics
Practice this as MCQ Question 5 →

What is the difference between Career Span and Languages?

Direct Answer
Career Span:Over 7 decades, 400+ films
Languages:Tamil, Telugu, Kannada, Hindi, Malayalam
Top Honors:Padma Shri (2022), Kalaimamani Award
Concept
Sowcar Janaki was a highly respected and versatile veteran actress in the South Indian film industry, receiving the Padma Shri in 2022 for her immense contributions to the arts
Practice this as MCQ Question 6 →

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What is the difference between Track 1: Bug Hunting and Track 2: AI Kavach?

Direct Answer
Track 1:
Bug Hunting:Identify vulnerabilities in simulated critical infrastructure environments.
Track 2:
AI Kavach:Develop automated AI defense mechanisms and predictive threat intelligence.
Track 3:
Creators Challenge:Address threats like deepfakes and phishing via storytelling campaigns.
Concept
Terrier Cyber Quest (TCQ 3.0) is a premier national-level hackathon organized by the Territorial Army to harvest indigenous, innovative cybersecurity solutions for defense and national security challenges
Practice this as MCQ Question 7 →

What is the difference between Programme Name and Location of Launch?

Direct Answer
Programme Name:Yashoda AI
Location of Launch:Jalandhar, Punjab
Primary Objective:Women's AI Literacy and Digital Empowerment
Concept
The “Yashoda AI” initiative is an Artificial Intelligence literacy program designed to demystify complex emerging technologies, equipping women with the necessary skills to navigate and participate in the modern digital economy safely
Practice this as MCQ Question 8 →

What is the difference between Global Body and Industry Chamber?

Direct Answer
Global Body:UNHCR (Technical & operational humanitarian experience)
Industry Chamber:SICCI (Corporate networking and employment pathways)
Academic Partner:Ethiraj College for Women (Education, research, and community engagement)
Concept
The Tripartite Memorandum of Understanding (MoU) establishes a collaborative framework uniting international humanitarian efforts, local industrial bodies, and academic institutions to facilitate socio-economic integration for displaced populations
Practice this as MCQ Question 9 →

What is a Loan Against Silver?

Direct Answer
A "Loan Against Silver" is a secured credit product where borrowers pledge physical silver items (jewelry, utensils, coins) as collateral to receive formal, regulated financing, traditionally a domain dominated by unorganized local moneylenders
Concept
Regulatory Catalyst First NBFC Adopter Loan Limit
RBI (Lending Against Gold & Silver Collateral) Directions, 2025 Paul Merchants Finance Up to ₹15 Lakh
Practice this as MCQ Question 10 →

What is the difference between 47th Sarala Puraskar and Winning Work?

Direct Answer
47th Sarala Puraskar:
Winner:Dr. Ashutosh Parida
Prize:₹7 Lakhs and copper plaque
Winning Work:'Bishwas De Pruthwi'
(Poetry Collection, 2024)
Ila-Bansidhar Samman:
Recipients:Guru Durga Charan Ranbir & Damodar Behera
Concept
The Sarala Puraskar is one of the highest literary honors in Odisha, administered annually by the Indian Metals Public Charitable Trust (IMPaCT) to recognize exceptional literary achievements in the Odia language
Practice this as MCQ Question 11 →