Weekly CA Quiz: July 2018 4th week with PDF

Explanation: A special unit of the Odisha Police has launched a drive to bust an international syndicate that peddles “endangered” pangolin one of the world’s most illegally traded mammals.

Explanation: In a bid to strengthen the expertise and capabilities of the employees of North-Eastern Railways, Minister of State for Railways Manoj Sinha inaugurated Regional Rail Training Institute (RRTI) at Uttar Pradesh Ghazipur.

Explanation: Chief Minister Vasundhara Raje said the process of replacing transformers used to consume a lot of time, therefore, the government decided to introduce mobile app “Bijli Mitra” so that farmers can register their complaint.

Explanation: The Association of Southeast Asian Nations (Asean) partner countries include India, China, Japan, South Korea, New Zealand, Russia, the US and Australia.

Explanation: Indian banks and financial institutions (FIs) have entered into an Inter Creditor Agreement to expedite the resolution of banks’ non-performing assets (NPAs), or bad loans, and ensure smooth credit flow, acting Finance Minister Piyush Goyal announced.

Explanation: India in 2018 has fallen out of the top 10 destinations for FDI in terms of its attractiveness, according to an AT Kearney report, which says this could be due to teething troubles in the implementation of the goods and services tax and the government’s demonetisation decision in 2016.

Explanation: The Men’s team event of the World Junior Squash Championships has begun in Chennai,TamilNadu. A total of 24 countries, divided into eight groups, are taking part.

Explanation: India Heritage Walk Festival, a collaboration of Sahapedia and YES Arts & Culture, has been awarded the PATA ( Pacific Asia Travel Association ) Gold Award 2018 for its recently concluded pan-India event.

Explanation: Ramachandra Guha has penned a new book on the father of the nation.The upcoming book is titled “Gandhi:the years that changed the world(1914-1948) and will be published by Penguin Random House India.

Explanation: Prime Minister Narendra Modi has announced to build a Gandhi Heritage Centre in Uganda’s Jinja, where a statue of Mahatma Gandhi now stands.

Explanation: CHILDLINE is India’s first 24-hour, free, emergency phone service for children in need of aid and assistance. At present, it is operational at 450 locations.

Explanation: Insurance regulator IRDAI has constituted a 16-member committee to examine motor third party insurance pricing aspects and make recommendations on the premium rates for 2019-20.

Explanation: Odisha Chief Minister Naveen Patnaik launched the “Green Mahanadi Mission”, a plantation drive under which 2 crore saplings will be planted along the Mahanadi river and its tributaries.

Explanation: The Delhi Cabinet approved a scheme under which farmers in the national capital can lease out part of their agricultural land for setting up solar panels for additional income.

Explanation: According to US-based Institute for Energy Economics and Financial Analysis (IEEFA), Karnataka is the new national leader in renewable energy generation.

Explanation: The theme for this summit is “BRICS in Africa:Collaboration for inclusive growth and shared prosperity in the 4th Industrial Revolution” .

Explanation: According to a joint report by The Internet and Mobile Association of India (IAMAI) and Deloitte, as the Internet of Things (IoT) adoption picks up in India, sectors like energy and utilities, industrial manufacturing, transport and logistics and agriculture will lead the market and industrial IoT will surpass the consumer IoT space in the country by 2020.

Explanation: State-owned BSNL launched its Virtual Network Operator Services on a pan-India basis in collaboration with Virtual Network Operators (VNO) – Adpay Mobile Payment India and Plintron India.

Explanation: The All India Football Federation (AIFF) appointed Floyd Pinto as the new head coach of Indian Arrows. Pinto is the head coach of the Indian U-20 team which will play in the COTIF International tournament in Spain.

Explanation: Veteran Bengali Actress Basabi Nandi has passed away due to cardiac arrest.

Explanation: Veteran sports journalist Swapan Sarkar has passed away following diabetic complications

Explanation: India captain Virat Kohli was presented with the International Player of the Year Award for 2017-18 by England’s Barmy Army as India concluded Day 1 of the practice match against Essex.

Explanation: Thaawarchand Gehlot, Union Minister for Social Justice & Empowerment attended the Global Disability Summit held in London on 24th July 2018. The motto of the conference was to firm up the commitments of the country leaders towards the cause of persons with disabilities.

Explanation: The committee, formed by Chief Minister Yogi Adityanath, would be headed by deputy Chief Minister Dinesh Sharma and would have the principal secretaries of basic education, law and the finance department as its members.

Explanation: Minister of State for communications Manoj Sinha in Lok Sabha told MP Virender Kashyap that all villages adopted by the Member of Parliaments under “Sansad Adarsh Gram Yojana”will be provided free WiFi services across India by the Government.

Explanation: Noted litterateur Ramakanta Rath received Atibadi Jagannath Das Samman, Odisha’s highest literary award, for the year 2018.

Explanation: The United Nations has honoured the Cochin International Airport (CIAL) with “Champion of Earth”award for being the first airport in the world to be completely powered by solar energy. CIAL is the first airport in the world to receive the highest environmental award issued by the United Nations.

Explanation: Bharat Vatwani and Sonam Wangchuk are among the winners of Ramon Magsaysay Award 2018.

Explanation: Creating history, India jumped to the top rank of the compound archery women team category.

Explanation: The Indian Coast Guard conducted a bilateral table top exercise on maritime pollution response with Bangladesh Coast Guard in Kolkata,West Bengal.

Explanation: Government of India has approved a new scheme namely Mahila Shakti Kendra for implementation during 2017-18 upto 2019-20 to empower rural women through community participation.

Explanation: The Justice B.N.Srikrishna Committee on data protection in India has suggested amendments to various laws including the Aadhaar Act to provide for imposition of penalties on data fiduciaries and compensations to data principals for violations of the data protection law.

Explanation: Odisha Chief Minister Naveen Patnaik inaugurated the Rs 300 crore Rukura Medium Irrigation Dam Project in Sundargarh district.

Explanation: Health Minister J.P. Nadda launched the “National Viral Hepatitis Control Programme”with the goal of ending viral hepatitis or inflammation of liver as a public health threat by 2030.

Explanation: Assam government has decided to implement a scheme to part away with 10 to 15 percent of state government employees monthly salary if they are found guilty of not taking adequate care of their dependent elderly parents and physically challenged siblings.

Explanation: Legendary Pakistani fast bowler Imran Khan is set to become the Pakistan’s next PM, after his party secured the most seats at the general election.

Explanation: Reigning Formula One champion Lewis Hamilton of Britain has won the Hungarian GP for the sixth time of his career, increasing his lead in the 2018 driver standings to 24 points ahead of his German rival Sebastian Vettel (Ferrari).

Explanation: In the title clash, Sourabh came back from a game behind to beat Japan’s Koki Watanabe, 18-21, 21-12, 21-17, and win his first title of the season.

Explanation: Amid opposition by some members, the government decided that a museum for all PM’s of the country would be constructed in the Teen Murti Bhavan complex that houses the Nehru Memorial Museum and Library.

Explanation: Veteran film personality John Sankaramangalam, a former director of the Film and Television Institute of India (FTII) in Pune, has passed away. He was 84 and he died due to age-related illness.

Explanation: Sahitya Academy awardee Bengali writer Ramapada Chowdhury, who authored famous novels like Kharij, Bari Badle Jay and Abhimanyu, has passed away.

Explanation: Mohun Bagan Ratna , the highest honour of the century-old club has been conferred on former India international Pradip Chowdhury at its foundation day programme on 29thJuly.

Explanation: Paytm Payments Bank CEO Renu Satti has resigned from the role and will now head Paytm’s new retail initiative.

Explanation: A city college student, Prabhat Koli(19), who crossed the English Channel when he was 16, has become the first Asian to swim the choppy water from Jersey to France in cold weather.

Explanation: The Nepal-India Think Tank Summit 2018 will take place in Kathmandu, Nepal on 31st July to foster greater collaboration and knowledge-sharing among the think tanks of the two countries.

Explanation: The event is poised to be the largest confluence of regulators, industry experts, and technology innovators and will be the first of many efforts to transform India into a global powerhouse.

Explanation: The National Green Tribunal formed a monitoring committee on the cleaning of the Yamuna River.The tribunal headed by NGT Chairperson AK Goel.

Explanation: The Union Minister for Petroleum & Natural Gas and Skill Development & Entrepreneurship Shri Dharmendra Pradhan, laid the foundation stone for permanent campus of National Skill Training Institute (NSTI) for women at Mohali Punjab.

Explanation: The Central government decided to set up a high level empowered panel under the Cabinet Secretary Pradeep Kumar Sinha to resolve issues plaguing the power sector and revive stressed assets.

Explanation: The IT ministry launched a desktop software e-Aksharayan to enable editing of text printed on scanned documents and it can be downloaded for free from its website.

Explanation: The government of Telangana will set up of a state-of-the-art B-Hub, which will have a scale-up manufacturing facility for biopharma based R&D.

Explanation: Actress Kangana Ranaut and Chhattisgarh CM Raman Singh launched a smartphone distribution scheme called ‘Mobile Tihar’ under Sanchar Kranti Yojna.

Explanation: The dates of the conference are 18-20 August and will be held at Swami Vivekananda International Conference Center. The event, held once in three years, is dedicated to Hindi language.

Explanation: India has jumped 22 places to 96th rank to break into the top 100 of the United Nations E-Government Development Index 2018.Denmark topped the list.

Explanation: China has successfully launched an optical remote sensing satellite-Gaofen-11, as part of its high-resolution Earth observation project which will also provide data for the Belt and Road Initiative.

Explanation: The Congress announced that 24th Rajiv Gandhi National Sadbhavana Award will be given to former West Bengal Governor GopalKrishna Gandhi for his outstanding contribution towards promotion of communal harmony.

Explanation: SoftBank Group Corp. said it will unveil a digital payments service in Japan, and has partnered Paytm for the service. The service PayPay will be introduced by SoftBank’s JV PayPay Corporation. PayPay will team up with Paytm, a SoftBank Vision Fund portfolio company, to utilise Paytm’s technology and expertise in mobile payments.

Explanation: This project aims to achieve medals in Olympic Games in a span of ten years. The government wants to make Andhra Pradesh No.1 in the country in athletics.

Explanation: The Gujarat government has come out with an “Urban Sanitation and Cleanliness Policy” for better management of solid and liquid waste in cities.

Explanation: Termed “Mission Satyanishtha”, the program will involve railwaymen attending formal training course on probity and integrity in public life.