Weekly CA Quiz: February 2019 1st week with PDF

Explanation: Former umpire Dara Dotiwalla, who officiated in the famous tied Test match between India and Australia in 1986 at Chennai, passed away.

Explanation: Haryana Hammers won the 4th edition of the Pro Wrestling League as they outclassed Punjab Royals 6-3 in the summit clash at the Gautam Buddha University Indoor Stadium in Greater Noida.

Explanation: The MD and CEO of Zee Entertainment Enterprises Limited (ZEEL), Punit Goenka has been elected as the new chairman of Broadcast Audience Research Council of India(BARC).

Explanation: Mithali Raj became the first ever women cricketer to play 200 one day internationals.

Explanation: International Cricket Council CEO Dave Richardson announced that the 13th edition of Men’s Cricket World Cup will be played in India in 2023.

Explanation: India’s unemployment rate rose to a 45 year high during 2017-18. The assessment by the National Sample Survey Office(NSSO) conducted between July 2017-June 2018, showed the unemployment rate stood at 6.1 percent, the highest since 1972-73.

Explanation: Ujjivan Small Finance Bank(SFB) has announced the launch of “Kisan Suvidha Loan” for small and marginal farmers. The collateral-free loans can be used by farmers for both agriculture and allied activities.

Explanation: RBI has exempted Bank Of india,Bank of Maharashtra and Oriental bank of Commerce from PCAF(Prompt Corrective Action Framework) following improvements in their capital position and asset quality in the December 2018 quarter.

Explanation: The Punjab Government approved a rural development scheme “Smart Village Campaign” worth Rs 384.40 crore worth to supplement the ongoing works to build village infrastructure and provide essential amenities.

Explanation: World Wetlands Day is celebrated every year on 2nd February.The theme of this year’s is “Wetlands and Climate Change”.

Explanation: Senior IPS officer Rishi Kumar Shukla was appointed as CBI Director, just four days after he was shifted from the post of Madhya Pradesh DGP by the Kamal Nath government to the Madhya Pradesh Police Housing Corporation.

Explanation: Vani Kapoor became the first Indian to earn a card for the Australian Ladies PGA Tour after coming through its first-ever Qualifying Tournament at the Ballarat Golf Club in Australia.

Explanation: Greg Chappell, who is considered one of Australia’s most influential voices in the field of cricket, is set to exit the stage as the selector and national talent manager following the end of the Ashes later this year.

Explanation: After stunning performances in the first two ODIs against New Zealand, India’s opening batswoman Smriti Mandhana has rocketed to the No 1 spot in the latest ODI women’s batters rankings,the ICC announced recently.

Explanation: Qatar won its first major soccer title by beating four-time champion Japan 3-1 in the Asian Cup Final, completing an improbable run to glory for the Gulf nation as it prepares to host the 2022 World Cup.

Explanation: The government revised the economic growth rate upwards to 7.2 percent for 2017-18 from the 6.7 percent estimated earlier

Explanation: Observer Research Foundation(ORF) has been named the “highest ranked” Indian tank in the “2018 Global Go To Think Tank Index Report”.

Explanation: Nepal’s Sundeep Jora became the youngest cricketer to score a half century in T20 internationals.

Explanation: Former Pakistan’s women cricket team skipper Sana Mir became the first Asian women cricketer to play 100 T20 international matches.

Explanation: Public sector Indian Bank said two RRBs Pallavan Gramin Bank and Pandyan Gramin Bank will be merged to form Tamil Nadu Gramin Bank as per the Finance Ministry.

Explanation: Pakistan Army successfully test-fired the short range surface to surface ballistic missile “Nasr” which it claimed can defeat any ballistic missile defence system now available in the country’s neighbourhood or any other system being developed.

Explanation: The 4th edition of international spice conference held in Hyderabad.

Explanation: One of the world’s rarest mammals,Indus River Dolphins has received an exceptional distinction. Found only in India and Pakistan in the Beas River, the generally playful Indus Dolphins have been declared Punjab State Aquatic animal.

Explanation: Chief Minister N Chandrababu Naidu launched the second phase of Pasupu-Kumkuma (Turmeric Kumkum) scheme and welfare pensions.

Explanation: World Cancer Day is an international day, which is marked on 4th February to increase awareness of cancer, and to encourage its prevention, early detection and treatment.The theme is “I am and I will”.

Explanation: Indian women’s hockey team midfielder Navjot Kaur, who climbed the ranks in the national team with significant performances, completed the milestone of playing 150 international matches.

Explanation: Former New Zealand cricketer Brendon McCullum has announced his retirement from Australia’s domestic Twenty20 tournament – Big Bash League.

Explanation: Singapore and Hong Kong are the number one countries when it comes to online companies doing business abroad.India fell just outside the top ten(Ranked 11th) but still ahead of the UK and US.

Explanation: India’s new e-commerce policy came into effect on February 1,2019. The implementation has caused widespread disruption for the online retailers, forcing some of them to take down an array of items from their website.

Explanation: Odisha Chief Minister Naveen Patnaik announced the “KALIA Chhatravritti Yojana”which is a scholarship for the children of farmers who are the beneficiaries of Krushak Assistance for Livelihood and Income Augmentation Scheme.

Explanation: At a time when the digital sphere has pervaded almost all spheres of life, and when nearly everything creative has been commodified, an symposium on “Creativity and Freedom” will take place in New Delhi.

Explanation: Union Minister KJ Alphons has said that the country’s tourism sector fetched 234 billion US Dollar revenue last year, registering a growth of over 19%.

Explanation: Assam CM Sarbananda Sonowal inaugurated the 2nd ASEAN India Youth Summit in Guwahati and underlined the need for mutual cooperation among the ASEAN countries for strengthening the multilateral relations of the region.

Explanation: The head of state of Monaco,Prince Albert II arrived in New Delhi on a week-long visit to India. He attended the India Monaco Business Forum followed by a round-table on energy and climate.

Explanation: Nayib Bukele, a former mayor of San Salvador was declared the winner in EL Salvador’s presidential race, saying the country had left behind the postwar period by electing a young alternative to the two-party system.

Explanation: PV Bhararthi executive director of Canara Bank, has assumed charge as MD and CEO of the Corporation Bank.

Explanation: The Asian Development Bank has bought a 14% stake in micro financier Annapurna Finance for Rs 137 crore, reinforcing the belief that India’s microfinance sector is on course to attracting long-term funds from global lenders and investors.

Explanation: Online food delivery start-up Swiggy has made its first acqui-hire in the deep technology space through an AI start-up Kint.io for an undisclosed amount. As part of this, the founding team of Kint.io will join Swiggy.

Explanation: Fino Payments Bank has announced the launch of a sweep account facility in association with Suryoday Small Finance Bank (SSFB). This partnership will help FPB address the issue of deposit limits that all the payment banks face at the moment.

Explanation: Assam occupied the top slot in the ranking of best practices followed by states in the Budget formulation, followed by Andhra Pradesh and Odisha,as per a survey by Transparency International.

Explanation: The second eidtion of the festival of words,Words Count, curated by the award-winning screenwriter, author and columnist Advaita Kala, was held on February 3 in Pune,Maharashtra.

Explanation: In a first, the Kerala government has set up a price monitoring and research unit(PMRU) to track violation of prices of essential drugs and medical devices under Drugs Price and Control order.

Explanation: India’s latest communication satellite GSAT 31 was successfully launched from the Spaceport in French Guiana.

Explanation: A World Heritage Centre housing “spiritual camps” of 45 countries would be set up at Mayapur, the global headquarters of the International Society for Krishna Consciousness,in Nadia district.

Explanation: Oil Marketing Companies(OMCs) have released more than 6.23 crore LPG connections under the Scheme across the country as on January 28.

Explanation: The Maharashtra government has set up a committee to review various schemes being implemented for the welfare of tribals in the state.It will be headed by Vivek Pandit.

Explanation: The finance ministry expects economic growth to accelerate to 7.5 percent in 2019-20 from 7.2 per cent projected for the current fiscal.

Explanation: Indian Squash player Ramit Tandon defeated Egyptian Mohamed El Sherbini in the finals to win the Seattle Open,a PSA challenger squash Tour Event.

Explanation: Nilambar Acharya, Nepal’s former law minister, has been appointed as the country’s ambassador to India.

Explanation: Chief Managing Director (CMD) of Air India Pradeep Singh Kharola has been appointed the Civil Aviation Secretary.

Explanation: K,Veeramani Award for Social Justice 2018 will be conferred on PS Krishnan, former Secretary, Government of India.

Explanation: Noted actor Ramesh Bhatkar passed away after battling cancer. The Marathi film and TV actor aged 70, was suffering from cancer for quite a long time. He was diagnosed with lung cancer and was undergoing treatment at Pune and Mumbai.

Explanation: BJD MP from Aska Lok Sabha constituency in Odisha,Ladu Kishore Swain passed away at the age of 71

Explanation: Senior Congress leader and former minister Harihar Karan passed away at the age of 72

Explanation: National Film Development Corporation of India has been selected as winner under the Miniratna Category by Ministry of MSME.

Explanation: Macedonia signed an accord to join NATO to become the 30th member of the US-led alliance.

Explanation: On the basis of an assessment of the current and evolving macroeconomic situation at its meeting,the Monetary Policy Committee decided to reduce the policy repo rate under the LAF by 25 basis points from 6.5 percent to 6.25 percent with immediate effect.

Explanation: Mr Dharmendra Pradhan, Union Minister for petroleum and natural gas, inaugurated the 2019 Asia LPG Summit in New Delhi.

Explanation: The Union Cabinet chaired by Prime Minister Narendra Modi approved a proposal seeking the establishment of “Rashtriya Kamdhenu Aayog” to conserve, protect and develop India’s cattle population.

Explanation: The government approved a proposal for setting up of 12000 MW of solar power projects by state-run producers. The producers will be provided with a viability gap funding support of Rs 8,580 crore for self-use or use by both central and state government entities.