Weekly CA Quiz: May 2018 4th week with PDF

Explanation: Yoga guru Baba Ramdev’s Patanjali has introduced a messaging platform that goes by the name of ‘Kimbho.’ Kimbo’ is derived from a Sanskrit word which translates to, “How are you? What’s new?” and can be downloaded directly from Google Play store.

Explanation: India has been placed at 113th position in the list of 175 countries in “End of Childhood Index 2018” indexed by global child rights group, Save the Children. Singapore and Slovenia are placed at the top sharing the first place in the index and Niger figures at the end of the list at 175.

Explanation: Amit Khare, 1985 batch IAS officer of Jharkhand cadre has been appointed as the Information & Broadcasting Secretary. Mr Khare replaced NK Sinha who superannuated on May 31, 2018.

Explanation: Veteran actor Amitabh Bachchan has become the face of Central Railways’ anti-trespassing campaign.Central Railway has launched an initiative ‘Ek Safar Rail Ke Saath’, where celebrities will share their experience about Indian Railways and their journey in a short film. At the end of the film, they will give a message for railway commuters.

Explanation: Google India has come up with the beta launch of a new app called “Neighbourly” in the country to help people find local answers in their neighbourhood. A beta version of the app is initially available in Mumbai, but users located in other areas can join a waitlist pending expansion to get notified when it is available.

Explanation: UNICEF and Odisha State police have joined hands for the state wide campaign titled, ‘Paree Pain Katha Tiye’ (A word for the little angel) on creating awareness about importance and role of every member of society in preventing child sexual abuse, need for reporting and need for trauma care.

Explanation: According to the data released by Central Statistics Office, Indian economy grew 7.7 percent in the fourth quarter of 2017-18, retaining the fastest growing major economy tag due to robust performance in manufacturing, construction and service sectors as well as good farm output. However on yearly basis, the economic growth slowed to 6.7 percent in 2017-18 compared to 7.1 per cent in 2016-17. The government has kept its forecast of GDP growth of 7.5 percent for fiscal year 2018-19.

Explanation: The Asian Development Bank (ADB) has approved a $375 million (Rs 2,529 crore approximately) loan for a project to improve irrigation in Madhya Pradesh to help double farmers’ income.

Explanation: Nobel laureate Kailash Satyarthi was honoured with ‘Santokba Humanitarian Award’ 2018 in Surat by President Ram Nath Kovind for his services aimed at the betterment of society and received an award money of Rs 1 crore

Explanation: The state bird of residual AP government is Rama Chiluka  (psittacula krameri) or rose ringed parakeet, Neem (azadirachta indica) or Vepa Chettu is the state tree, Blackbuck (antilope cervicapra) or Krishna Jinka is the state animal while Jasmine is the state flower.

Explanation: World No Tobacco Day (WNTD) is observed around the world every year on 31 May to raise awareness of the dangers of tobacco and advocate for effective policies to reduce tobacco consumption. The theme of World No Tobacco Day 2018 is “Tobacco and heart disease”.

Explanation: Yes Bank has signed an MoU with  Small Industries Development Bank of India (SIDBI) to become the preferred financial institution to extend banking facilities to small and medium enterprising (SME) customers of SIDBI.

Explanation: Kendrick Lamar recently made history by becoming the first hip-hop artist to win a Pulitzer Prize for Music for his acclaimed 2017 album DAMN during a ceremony at Columbia University in New York City.

Explanation: India and World Bank has signed $ 500 million loan agreement to provide additional financing for the Pradhan Mantri Gram Sadak Yojana (PMGSY) Rural Roads Project.

Explanation: Maharashtra Agriculture Minister and senior BJP leader Pandurang Phundkar has passed away in Mumbai away massive heart attack. He was 67.

Explanation: International agency Moody’s Investor Services has cut India’s growth forecast to 7.3 percent from the previous 7.5 percent for calendar year 2018. However, it has maintained the estimate for 2019 at 7.5 percent’.

Explanation: Former Supreme Court judge Justice R K Agrawal has been appointed the President of the National Consumer Disputes Redressal Commission (NCDRC). Justice Agrawal, who hails from Uttar Pradesh, will take over from Justice D K Jain, who will complete his term on May 31.

Explanation: The Ministry of Environment, Forest and Climate Change and the Wildlife Trust of India (WTI) rolled out the ‘Gaj Yatra’ from Tura, the principal town of Garo Hills in Meghalaya.

Explanation: Top discus thrower Vikas Gowda announced retirement from the sport after competing at the highest level for more than 15 years. The four-time Olympian, who will turn 35 on July 5 became the first and only Indian male to win a Commonwealth Games medal in the discipline during his sports career.

Explanation: Lt Gen Ranbir Singh has been appointed as the new Northern Army commander. He succeeds Lt Gen Anbu who will take charge as Vice Chief of the Indian Army from June 1, 2018. He succeeds Lt Gen Sarath Chand who retires on May 31, 2018.

Explanation: Paraguay will have a woman president for the first time in its history, at least temporarily, after outgoing leader Horacio Cartes stepped down ahead of schedule. Vice President Alicia Pucheta, 68, will complete Cartes’s mandate after he resigned on May 28 to become a senator

Explanation: The Goa Statehood Day is celebrated every year on May 30 since 1987. The state observed its 31st Goa Statehood Day on May 30, 2018.

Explanation: Ministry of Railways conducted a one day workshop “Mission Raftaar” aimed at raising the average speed of freight trains and passenger trains in New Delhi.

Explanation: Indian Botanist Dr. Kamaljit S. Bawa, President of Bengaluru-based non-profit Ashoka Trust for Research in Ecology and the Environment (ATREE), received the prestigious Linnean Medal in Botany from the Linnean Society of London on May 24. Bawa is the first Indian to win the award ever since it was first constituted in 1888.

Explanation: The Mass Yoga Demonstration (Main Event) of 4th International Yoga Day celebrations (IDY-2018) will be held on 21st June 2018 at Dehradun in Uttrakhand as announced by ShriVaidya Rajesh Kotecha,  Secretary, Ministry of AYUSH.

Explanation: Kummanam Rajasekharan has been sworn in as the Governor of Mizoram at the Raj Bhavan in Aizwal on May 29.

Explanation: The state government of Himachal Pradesh has introduced ‘Prakritik Kheti Khushhaal Kisaan Yojana’ to promote organic farming ensuring production of healthy food grains, free from harmful chemical ingredients.

Explanation: The Cochin International Airport Ltd (CIAL) has been recognized as the world’s first fully solar energy-powered airport by the United Nations Environment Programme (UNEP).

Explanation: Indian warships are all ready to begin its journey towards the Western Pacific to join the 2018 MALABAR exercise which will be held jointly with the US and Japanese navies off the US island territory Guam in Micronesia, Pacific Ocean.

Explanation: In a move to warn the general public about the extreme weather condition, the India Meteorological Department (IMD) is teaming up with state-run Bharat Sanchar Nigam Limited (BSNL).

Explanation: Himachal Pradesh Chief Minister, Jai Ram Thakur, launched a state wide week long ‘Polythene Hatao, Paryavaran Bachao’ campaign on May 27, ahead of the World Environment Day, of which India is the global host.

Explanation: Former Bihar minister and senior BJP leader Kameshwar Paswan died after prolonged illness. He was 77

Explanation: The “International Day of United Nations Peacekeepers“, May 29, was designated by UN General Assembly Resolution 57/129 of December 11, 2002. This year, the United Nations celebrates the 70th anniversary of UN peacekeeping. The theme for International Day of United Nations Peacekeepers 2018 is “70 Years of Service and Sacrifice“.

Explanation: India skipper Virat Kohli has emerged as the International Cricketer of the Year 2018 at the CEAT Cricket Ratings awards presented in Mumbai on May 28.

Explanation: The Central Government has approved setting up of an exclusive “Brahmaputra Study Centre” at Gauhati University, Guwahati with a fund allocation of about Rs 28 crore to offer an opportunity for research in different aspects of river Brahmaputra.

Explanation: India has signed a $21.7 million loan agreement with the World Bank for strengthening public financial management in Rajasthan.

Explanation: The Gujarat government has unveiled its ‘Reuse of Treated Waste Water Policy’ to reduce the state’s dependence on fresh water sources like the Narmada river.

Explanation: Industry chambers Confederation of Indian Industry (CII) expects India’s economy to grow at 7.3-7.7 percent in 2018-19 on the back of “sustained structural reforms”, recovery in global markets and a normal monsoon.

Explanation: Sudha Balakrishnan, has been appointed as the first Chief Financial Officer (CFO) of the Reserve Bank of India (RBI) with effect from May 15. She will be the 12th executive director of the RBI and have 3 years term.

Explanation: Prime Minister of Netherlands Mark Rutte launched the ‘Clean Air India Initiative’ in New Delhi. The Clean Air India Initiative is a collaborative project between Get In The Ring, a platform for start-ups, the government of the Netherlands, Start-up India, and INDUS Forum (an online matchmaking platform of Indian and Dutch businesses) to curb air pollution in Indian cities by promoting partnerships between Indian start-ups and Dutch companies.

Explanation: Sangeeta Bahl, a 53-year-old former model and entrepreneur from Jammu and Kashmir, has become the oldest Indian woman to conquer Mount Everest. She scaled the peak on May 19 with the help of two Sherpas.

Explanation: Queen of Netherland, Maxima arrived in New Delhi as part of her four-day long visit to India. Queen will hold talks with representatives of NITI Aayog and she is also expected to hold talks with Prime Minister Modi and interim Finance Minister Piyush Goyal. She will visit Mumbai followed by New Delhi.

Explanation:Expanding the reach in the Telecom sector, Patanjali king Baba Ramdev has joined hands with state-owned Bharat Sanchar Nigam Limited (BSNL) to launch Swadeshi Samriddhi SIM cards. Initially, the benefit of the SIM card will be available for only the employees and office bearers of Patanjali.

Explanation: Newly-elected Karnataka Congress MLA Siddu Nyamagouda passed away in a road accident at Tulasigere cross near Bangalore early morning on May 28. He was 67.

Explanation: Defence Secretary of India, Sanjay Mitra, has been given the additional charge of the post of Secretary, Defence Research and Development Organisation (DRDO) after its head S. Christopher’s tenure ended on May 28, 2018.

Explanation: Chennai Super Kings won 2018 IPL tournament by defeating Sunrisers Hyderabad in the final. This was their third IPL victory. CSK are now only the second team besides Mumbai Indians to win the IPL thrice and the only team to appear in the finals 7 times.

Explanation: Prime Minister Narendra Modi laid the foundation stone for the first phase of 2400 MW NTPC’s Patratu Super Thermal Power Project in Jharkhand. The project is a 74: 26 Joint Venture between Government of Jharkhand (GoJ) and Patratu Vidyut Utpadan Nigam Ltd. (PVUN), a subsidiary company of NTPC establishing a total capacity expansion of 4,000MW.

Explanation: Daniel Ricciardo of Australia won the 2018 Monaco Grand Prix. Sebastian Vettel stood 2nd while Lewis  Hamilton remained on 3rd position.This was Daniel’s second win of the 2018 Formula 1 season and his 7th Grand Prix victory.

Explanation: Italian President Sergio Mattarella has formally asked former International Monetary Fund (IMF) official Carlo Cottarelli, to try to form a government, as new prime minister-designate.

Explanation: The first edition of the Global Wind Summit will be held in Hamburg, Germany from September 25-28, 2018. The conference on wind is the largest and most important meeting of the wind industry worldwide.

Explanation:Pakistan’s former Chief Justice Nasir-ul-Mulk has been named as interim Prime Minister for a two-month period until the general election are held which is scheduled for July 25.

Explanation:Prime Minister Narendra Modi inaugurated the Kundli-Ghaziabad-Palwal (KGP) expressway, also known as the Eastern Peripheral Expressway (EPE) at the District Sports stadium in Baghpat, Uttar Pradesh.The 135-km EPE is India’s first smart and green highway and is built at a cost of Rs. 11,000 crore.

Explanation: Film actor Akshay Kumar launched the twin pit toilet technology campaign in New Delhi. Mr Kumar said, the real challenge in the society is to fight the age old mentality revolving around sanitation and cleanliness.

Explanation: Ireland has voted by a landslide to legalise abortion in a stunning outcome that gave equal legal status to the lives of a foetus and the woman carrying it.

Explanation: India’s most valuable lender HDFC Bank has launched Digital Loans against Mutual Funds in partnership with transfer agent CAMS. Customers can now pledge mutual fund assets online and get overdraft limit set in their account in under 3 minutes, the bank claimed.

Explanation: Alan Bean, a NASA astronaut who journeyed into space two times and, as part of the Apollo 12 mission in 1969, became the fourth man to walk on the moon has passed away.

Explanation: Japan’s women clinched the Uber Cup, The Womens World Badminton Championship, defeating Thailand 3-0 in Bangkok, ending a 37-year wait to regain the title.

Explanation: Lebanon Prime Minister Saad Hariri has been assigned for a third term in office, less than three weeks after elections that saw his movement lose ground in parliament.

Explanation: Civil rights attorney Lewis Myers Jr., who worked on a key lawsuit against racial discrimination in Mississippi’s higher education system has passed away. He was 70 years old.

Explanation: One of India’s most decorated Generals, Lieutenant General Zorawar Chand Bakshi has passed away aged 97.

Explanation: Noted Telugu film personality Madala Ranga Rao, also popularly known as “Red Star” has passed away. He acted and produced several films including hits such as ‘Yuvatharam Kadilindhi’, ‘Yerra Mallelu’, ‘Praja Shakthi’, ‘Swarajyam’, ‘Viplavashankham’ and ‘Mahaprasthanam’.

Explanation: World Environment Day(WED) is celebrated annually on June 5th. India is the global host of WED 2018, with celebrations across the country and events scheduled around the world.

Explanation: The Finance Ministry has ratified 8.55 per cent rate of interest on EPF for last fiscal. Retirement fund body, EPFO has asked its field offices to credit 8.55 per cent rate of interest for 2017-18, the lowest rate since 2012-13 fiscal, into the PF accounts of around 5 crore subscribers.

Explanation: National Informatics Centre (NIC) has set up a new state-of-the-art cloud enabled National Data Centre at Bhubaneswar.

Explanation: Professor Ganeshi Lal has been appointed as the Governor of Odisha. He will replace Satya Pal Malik. Ganesh Lal was the national President of discipline committee of BJP in Haryana.

Explanation: Yes Bank has received approval from National Stock Exchange to be enrolled as ‘Settlement Bank’ for National Securities Clearing Corporation (NSCCL), a wholly owned subsidiary of NSE. YES BANK is already an empanelled Clearing Bank for the BSE, NCDEX and MCX.

Explanation: The 3rd Mission Innovation (MI-3) Ministerial was held at Malmo-Sweden during 22-23 May, 2018. The Ministerial was co-hosted by the European Commission, together with Denmark, Finland, Norway, Sweden and the Nordic Council of Ministers.

Explanation: Kummanam Rajasekharan, current president of Bharatiya Janata Party’s (BJP) Kerala unit, has been appointed to be the Governor of Mizoram. He will replace incumbent Lt Gen Nirbhay Sharma, who is completing his tenure on May 28.

Explanation: Manipur has become the first state in the Northeast and the third state in India to have solar toilets. The solar toilets were inaugurated at Ibudhou Marjing hill Heingang by Tourism Director, Waikhom Ibohal last week.

Explanation: Former World Champion Tejaswini Sawant bagged the 50m rifle prone gold in the Grand Prix in Munich, a prelude to the World Cup.

Explanation: The World Cup 2018 is scheduled to take place in Russia from 14 June to 15 July 2018.

Explanation: The Netherlands has become the 64th signatory member of the International Solar Alliance (ISA).

Explanation: The Caribbean island of Barbados has elected its first woman prime minister since gaining independence from Britain in 1966. Mia Mottley led her Barbados Labour Party (BLP) won all 30 seats to gain victory over the Democratic Labour Party (DLP) and grab the House of AssemblyWith this, Ms Mottley, a 52-year-old lawyer, becomes Barbados’ eighth Prime Minister.  

Explanation: Colombia has formally joined the North Atlantic Treaty Organization (NATO) and thus become the first Latin America nation to attain global partner status privilege. The other member nations of NATO includes Afghanistan, Australia, Iraq, Japan, the Republic of Korea, Mongolia, New Zealand and Pakistan.

Explanation: The Eden Gardens cricket stadium in Kolkata has been voted the best ground in IPL 2018. Eden Gardens went on to host nine matches of IPL 2018 after getting two bonus matches in the playoffs which were originally slated in Pune.

Explanation: “Pakeezah” fame actor Geeta Kapoor, passed away at a old age home in Mumbai. She was 57.

Explanation: General insurance company HDFC ERGO launched its Artificial Intelligence (AI)-enabled chatbot “DIA”on Google Assistant to enable users to access the service through Google’s home device.

xplanation: Eminent Gujarati writer and humourist Vinod Bhatt died following a prolonged illness. He was 80.

Explanation: India has moved one notch higher, to the 44th place in the 2018 World Competitiveness Ranking compiled by International Institute for Management Development (IMD).

Explanation: Former Supreme Court judge Chandramauli Kumar Prasad has been appointed the chairman of the Press Council of India (PCI) for a second term. Prasad headed the media watchdog for three years from November 2014. He had succeeded Justice Markanday Katju.

Explanation: India ranks 145th among 195 countries in terms of quality and accessibility of healthcare, as assessed in a Global Burden of Disease study published in The Lancet

Explanation: Julia Louis-Dreyfus has been named to be with the 2018 Mark Twain Prize for American Humor, an award given to the world’s greatest humorists.

Explanation: The Union Cabinet has approved an ordinance to set up the India’s first national sports University in Manipur.

Explanation: The UNICEF has launched a ‘data visualisation app’ which provides a user-friendly visual representation of complex analytics of the education scenario in the country.

Explanation: Rajasthan government has come up with a new software named ‘Nidaan’ for presumptive diagnosis and monitoring of seasonal and non-communicable diseases as well as the trends of ailments found in the specific areas.

Explanation: Prime Minister Narendra Modi and his Bangladeshi counterpart Sheikh Hasina has inaugurated the Bangladesh Bhavan at Vishwa Bharti University, Santiniketan, West Bengal.

Explanation: According to the World Health Organisation (WHO), Nepal has become the first country in south-east Asia region to eliminate trachoma, world’s leading cause of preventable blindness of infectious origin.

Explanation: Indian mountaineer Arjun Vajpai this week became the youngest person in the world to scale six peaks over 8,000 metres when he summited the treacherous Kangchenjunga, the third highest mountain in the world.

Explanation: Council of Scientific & Industrial Research (CSIR) has been awarded the Clarivate Analytics India Innovation Award 2018 in the Government Research Organizations Category. This award yet again recognizes CSIR as the top innovator.

Explanation: Ministry of Culture is organising the 9th edition of the Rashtriya Sanskriti Mahotsav under the Ek Bharat Shrestha Bharat, in Tehri, Uttarakhand from 25th May to 27th May, 2018.

Explanation: Wildlife photographer,biologist, conservationist and author Latika Nath has unveiled her book ‘Hidden India’ that has photographs of some of her “closest wildlife encounters.

Explanation: Andhra Pradesh Minister for IT, Panchayat Raj and Rural Development Nara Lokesh has been honored with the “Digital Leader of the Year” award during Businessworld Digital India Summit and Awards 2018 at New Delhi.

Explanation: Joint Military Exercise SURYA KIRAN-XIII between India and Nepal will be conducted at Pithoragarh from 30 May to 12 June 2018. Exercise SURYA KIRAN is a biannual event which is conducted alternatively in Nepal and India.

Explanation: Airtel Payments Bank has appointed Anubrata Biswas as its Managing Director and Chief Executive Officer. The appointment comes five months after former CEO and MD Shashi Arora stepped down in December.  

Explanation: The Himachal Pradesh Cabinet has given its approval to draft notification of the Mukhyamantri Yuva Swavalamban Yojana to promote self-employment opportunities for the youth by encouraging entrepreneurship.

Explanation: Hon’ble Minister for Women and Child Development, Smt. Maneka Sanjay Gandhi presented the prestigious Nari Shakti Puraskar 2017 to all the 6 members of all women INSV Tarini team in New Delhi.

Explanation: Leading NRI industrialist Lord Swraj Paul has received a lifetime achievement award for his contributions towards promoting brand India in the United Kingdom.

Explanation: The 15th Finance Commission has constituted a high level group (HLG) to examine the strengths and weaknesses for enabling balanced expansion of health sector. The group headed by Director AIIMS, Dr. Randeep Guleria will have eminent experts of health sector.

Explanation: Government of India’s think tank Niti Aayog has roped in film actor Sushant Singh Rajput to promote two of its major initiatives. One of them is BHIM (Bharat Interface for Money) app and the other is women entrepreneurship platform (WEP).

Explanation: Netherlands Prime Minister Mark Rutte arrived in New Delhi on a two-day visit to India. The Dutch leader’s visit comes within a year of Modi’s visit to the Netherlands last June. On his agenda is a bilateral summit with PM Modi and a visit to ISRO among other things.