Weekly CA Quiz: July 2019 1st week with PDF

One Nation One Ration Card’ scheme will be available across the country from July 1, 2020. The scheme will allow portability of food security benefits according to which the poor migrant workers will be able to buy subsidised rice and wheat from any ration shop in the country as long as their ration cards are linked to Aadhaar.

Tamil yeoman (Cirrochroa thais) butterfly has been declared the state butterfly of Tamil Nadu. These butterflies are also known as Tamil Maravan, which means warrior, are found mainly in the hilly areas.

Representatives of 50 law enforcement agencies of the International Security Alliance (ISA) are taking part in the first joint security exercise in Abu Dhabi.

Red Bull’s Max Verstappen won the Austrian Grand Prix for the second year in a row while champion Mercedes lost for the first time in this season.

India’s Veer Chotrani beat compatriot Yash Fadte to win the U-19 title at the Asian Junior Squash Championship. With the victory, Veer became the third Indian to win the Asian trophy after Ravi Dixit and Vela Senthilkumar.

The government has appointed MTNL Chairman and Managing Director (CMD) P.K. Purwar as the CMD of Bharat Sanchar Nigam Ltd (BSNL) for a period of three months starting July 1, subject to the approval of the Appointments Committee of the Cabinet (ACC), for ensuring continuity at the struggling PSU.

India observe 1st July as the National Doctors’ Day. The day is celebrated to recognize the contributions of physicians to individual lives and communities.National Doctor’s Day is also celebrated to honour the legendary physician Dr. Bidhan Chandra Roy. Dr Roy was honoured with the country’s highest civilian award, Bharat Ratna.The theme for 2019 National Doctors’ Day is ‘Zero tolerance to violence against doctors and clinical establishment’.

Acknowledging that country’s telecom industry was under financial stress, Union Telecom Minister Ravi Shankar Prasad had constituted a committee chaired by Telecom Secretary Aruna Sundararajan to spell out revival plans for Telecom sector.

Seeking to keep itself battle-ready in situations like the one post-Balakot aerial strikes, India has signed a deal to acquire ‘Strum Ataka’ anti-tank missile from Russia for its fleet of Mi-35 attack choppers.

Prime Minister Narendra Modi constituted a high-powered committee of chief ministers for the transformation of agriculture and raising farmers’ income.The nine-member committee, headed by Maharashtra Chief Minister Devendra Fadnavis, will suggest policy measures, attract investments and raise growth in food processing.

The UAE debuted the world’s largest single solar plant, Noor Abu Dhabi, boasting a production capacity of nearly 1,177 MW.

India has pledged to contribute USD 5 Million in 2019 to the UN Palestine refugee agency. The Indian Government is assisting 150 Palestinian professionals every year under the Indian Technical and Economic Cooperation programme.

The State Bank of India has signed a memorandum of understanding with National Investment and Infrastructure (NIIF) Fund to boost availability of capital for infrastructure projects.

Odisha Government is set to host the 21st Commonwealth Table Tennis Championship at the Jawaharlal Indoor Stadium in Cuttack, scheduled for July 17 to 22.

Indian pro boxer Vaibhav Yadav has become the WBC Asia Silver Welterweight Champion. He defeated Thailand’s Fahpetch Singmanassak in the title bout held in Pattaya, Thailand.

The Centre has extended the tenure of Reserve Bank of India (RBI) Deputy Governor N S Vishwanathan by one year.

Health Minister Dr Harsh Vardhan said that the government has set a target to raise health services expenditure to 2.5 per cent of the country’s GDP by 2025. In reply to a question in Rajya Sabha, Dr Harsh Vardhan said, the public expenditure on health services is continuously increasing.

The Union Cabinet gave ex-post facto approval for the Memorandum of Understanding (MoU) signed between India and Maldives for the establishment of passenger and cargo services by sea.

Chhattisgarh Chief Minister Bhupesh Baghel inaugurated ‘Jan Choupal’ programme in Raipur. Under this programme, public meetings will be held once every week to discuss the issues of the people.

The UK has unveiled a green finance strategy, setting out plans to increase investment in sustainable projects and infrastructure.

India’s current account deficit (CAD) totalled 4.6 billion dollars or 0.7 per cent of the GDP in the fourth quarter (January to March) of 2018-19, the Reserve Bank of India (RBI) said.

Jio and Facebook have joined hands to announce ‘Digital Udaan’ – a digital literacy program in India which is aimed at first-time internet users.

Airtel Payments Bank has partnered with Bharti AXA Life Insurance to offer the Bharti AXA Life POS Saral Jeevan Bima Yojana through banking points across India.

Ambati Rayudu, the Indian middle-order batsman announced his retirement from all forms of cricket. Rayudu was snubbed from the World Cup squad and in place of him, all-rounder Vijay Shankar was given a chance in the team.

Basant Kumar Birla, Chairman of the B K Birla Group of companies, passed away at the age of 98. He was also the Chairman of B K Birla Institute of Engineering and Technology, Krishnarpan Charity Trust and about 25 other educational trusts and institutes.

The Indian and French Air Force has started Garuda VI exercise at Mont de Marsan in France. The exercise is scheduled to take place from 1 July to July 12, 2019, in France.

Aparna Kumar becomes first IPS officer to complete Seven Summit challenge by scaling Mt Denali. Mt Denali is the tallest mountain in North America.

The Reserve Bank of India has set up a working group to review the regulatory and supervisory framework for core investment companies (CIC).The group will be headed by Tapan Ray, non-executive chairman, Central Bank of India.

Maharashtra achieves first rank in NITI Aayog launched “Agricultural Marketing and Farmer Friendly Reforms Index (AMFFRI)”.

The Centre has inked pact with IBM India for undertaking a pilot study to utilise Artificial Intelligence (AI) and weather technology solutions in agriculture in one district each in three states.

Vaibhav Yadav, Indian pro boxer won the World Boxing Council (WBC) Asia silver welterweight championship 2019 that held in Pattaya, Thailand.

Hima Das, the under-20 World champion has won the gold medal in women’s 200m in the Poznan Athletics Grand Prix in Poznan, Poland.

Chief Minister Yogi Adityanath launched a 24×7 toll-free helpline to allow people from across the state to register their grievance via a phone call on number 1076 instead of travelling all the way to Lucknow.

Recently the Henley Passport Index 2019 ranking was issued. Indian Passport has been given the rank of 86th position with a mobility score of 58. The score means that Indian passport holders can travel to 58 countries without any prior Visa.

Karnataka Bank Ltd has launched the web tool – ‘Vasool So-Ft’ (Vasool So-Fast) – for digitalising the NPA (non-performing asset) recovery process of the bank.

Bharti Airtel and Bharti Hexacom announced the merger of the consumer mobile businesses (CMB) of Tata Teleservices (TTSL) and Tata Teleservices (Maharashtra) (TTML) with the two Bharti Group companies. This move spells better synergies and increased customer base for the country’s third-largest mobile service provider.

Arjen Robben, the former Bayern Munich and Netherland forward, announced his retirement from football. The 35-year-old has featured in over 500 matches for the club and his country in the entire career.

American economist David Lipton will serve as interim leader of the International Monetary Fund, replacing Christine Lagarde who was nominated to head the European Central Bank.

Veteran Newsreader of All India Radio Barun Haldar passed away in Kolkata. He was 85. Haldar was ailing for some time. He was a popular presenter of Western Music in AIR Kolkata before shifting to AIR Delhi as an English Newsreader.

Explanation: The Walled City of Jaipur, known for its iconic architectural legacy and vibrant culture, has made its entry into the UNESCO World Heritage Site list.

Explanation: The annual Bonalu festival kicked off at the Jagadamba temple in historic Golconda Fort, Telangana. Bonalu is celebrated every year in the state during the first month of the monsoon season. Bonalu is the “state festival” of Telangana.

Explanation: Rohit Sharma has set a world record of maximum hundreds in the single World Cup. He has become the first batsman in the world to score five hundreds in a single World Cup and break the record of Former Sri Lankan skipper Kumar Sangakarra.

Explanation: United States trounced the Netherlands by 2-0 in the final of the FIFA Women’s World Cup to lift the title at the Parc Olympique Lyonnais in France.

Explanation: South African Jean-Paul Duminy, usually known as JP Duminy announced his retirement from all international cricket following 10-run win over Australia in South Africa’s final match of the 2019 Cricket World Cup. South African Imran Tahir announced his retirement from ODI cricket following 10-run win over Australia in South Africa’s final match of the 2019 Cricket World Cup.

Explanation: On 6 July 2019, Ian Gould (from UK) announced retirement from umpiring, after standing in the World Cup match between India and Sri Lanka.

India’s first highway corridors with charging stations for electric vehicles are expected to come up along the Delhi-Jaipur and Delhi-Agra highways by 2020.

Government today said, under Swachh Bharat Mission (Gramin), 9 crore 62 lakh individual household toilets have been constructed so far.

Tata Steel Kalinganagar (TSK) has been included in World Economic Forum’s (WEF) Global Lighthouse Network, a community of manufacturers showing leadership in applying Fourth Industrial Revolution technologies to drive financial and operational impac.

The Hong Kong government has approved over $9 million for relief and rehabilitation work in cyclone-hit Odisha.

State-owned Punjab & Sind Bank has set up a centralised hub for processing retail and MSME loans for better efficiency of branches in business acquisition.

Pakistan cricketer Shoaib Malik announced his retirement from ODI cricket after his country’s final league clash against Bangladesh in World Cup 2019.

State-owned engineering firm BHEL (Bharat Heavy Electricals Limited) said that Nalin Shinghal has been appointed its chairman and managing director for five years.

B Harideesh Kumar has been appointed as director of Institute of Banking Personnel Selection (IBPS) for a period of three years.

Former Uttarakhand Governor Sudershan Agarwal passed away after prolonged illness. He was 88.

The United Nations observes first Saturday of July every year as International Day of Cooperatives. The day is celebrated to increase the awareness of cooperatives. The event underscores the contributions of the cooperative movement in resolving the major problems addressed by the United Nations.The theme of the International Day of Cooperatives 2019 (CoopsDay) is COOPS 4 DECENT WORK.