Weekly CA Quiz: February 2021 4th week

International Childhood Cancer Day is celebrated annually on 15 February to raise awareness and to express support for children and adolescents with cancer, survivors and their families.
This year’s theme is “Better Access to Care for Children and Adolescents Everywhere”.

Penguin Random House India has announced the acquisition and publication of a brilliant new novel, titled Sarasvati’s Gift, by bestselling writer and former journalist Kavita Kane.

The Anantapuramu district of Andhra Pradesh has been chosen for the Prime Minister Kisan national award as it completed 99.6 per cent physical verification of the beneficiaries under the Pradhan Mantri Kisan Samman Nidhi.

In Tennis, Defending Champion Novak Djokovic has won his ninth Australian Open title, beating Daniil Medvedev 7-5, 6-2, 6-2 in a one-sided final at Melbourne Park.
In Men’s doubles, ninth seeded Croat -Slovak pair Ivan Dodig and Filip Polasek won the title.

Union Sports Minister Kiren Rijiju has announced that the second Khelo India University Games will be hosted by Karnataka.

The Reserve Bank of India (RBI) cleared the Rs 34,250-crore acquisition of Dewan Housing Finance Corporation (DHFL) by the Piramal group.

China last year overtook the United States as the EU’s biggest trading partner, the EU statistics agency Eurostat said.

Amidst an unprecedented rise in cyber frauds and manifold jump in online financial transactions, the Reserve Bank, in a quirky bid to drive its public awareness campaigns, has roped in Punjabi singer-rapper Viruss to drive home its points this time.

The Reserve Bank of India came out with a slew of directions related to maintenance of liquidity coverage ratio, risk management, asset classification and loan-to-value ratio, among others, for housing finance companies.

The United Nations’ (UN) World Day of Social Justice is annually observed on February 20 to encourage people to look at how social justice affects poverty eradication. This year, the theme for World Day Of Social Justice is “A Call for Social Justice in the Digital Economy”.

World Thinking Day is celebrated each year by the Girl Guides and Girl Scouts across the world on the 22nd February. This year’s Thinking Day theme was “Stand together for Peace”.

The book titled ‘Leadership Lessons from 22 Yards’ by Srikanth Ram has been released recently.

Israel has begun developing a long-range ballistic missile interceptor, named Arrow-4, together with the US.

Indian Coast Guard has got a new interceptor boat ICGS C-453. It was commissioned in Chennai.

Naomi Osaka won her fourth Grand Slam title by pulling away to beat Jennifer Brady 6-4, 6-3 in the Australian Open final.

HSBC has raised their development forecasts from 9 per cent to 11.2 per cent for the approaching fiscal 12 months 2021-22 (FY22) for India.

The Reserve Bank of India (RBI) has brought State Bank of Sikkim under its regulatory purview.

Kerala took a major step forward in its progress towards a knowledge society with the inauguration of the country’s first Digital University, based in Technocity at Mangalapuram near.

Assam Chief Minister Sarbananda Sonowal laid the foundation of the first skill university of eastern India in Darrang district, aimed at imparting training to over 10,000 students in 12 disciplines.

Former chairman of the Telecom Regulatory Authority of India (TRAI) Rahul Khullar passed away in New Delhi owing to a prolonged illness.

The Dadasaheb Phalke International Film Festival Awards 2021 were announced, to honour the best in Indian cinema, television, music, and OTT.
List of 2021 awards:
Best Actor (Female) – Deepika Padukone, Chhapaak
Best Actor (Male) – Akshay Kumar, Laxmii.
Critic’s Best Actress – Kiara Advani, Guilty
Critic’s Best Actor – Sushant Singh Rajput, Dil Bechara
Best Film – Tanhaji: The Unsung Warrior

The Parliament of Georgia confirmed Irakli Garibashvili as Prime Minister along with a vote of confidence in the cabinet Garibashvili put forward.

Union Government and the Asian Infrastructure Investment Bank (AIIB) signed a loan agreement for a 304 million dollar Assam Intra-State Transmission System Enhancement Project to improve reliability, capacity and security of the power transmission network in the State of Assam.

Jammu and Kashmir formally rolled out e-Kuber payments system of Reserve Bank of India (RBI). The new payments system of RBI would replace the existing system for the purpose of government payments.

The Centre along with the Nagaland State government has signed a 68 million dollar project with the World Bank in order to Improve the Quality of Education in Nagaland.
The project named “Nagaland: Enhancing Classroom Teaching and Resources” will improve classroom instruction; create opportunities for the professional development of teachers

Government has sanctioned over 56 thousand more houses under the Pradhan Mantri Awas Yojana (Urban).

Yogi Adityanath-led Uttar Pradesh government plans to develop Jewar Airport as Asia’s biggest airport with six runways. The state government has to set aside 2,000 crore for Jewar Airport in its budget for 2021-22 presenting in the Assembly.

The Punjab Cabinet approved implementation of mission ‘Lal Lakir’ aimed at facilitating villagers to monetise property rights and availing benefits provided by government departments, institutions and banks in all villages across the state.

Veteran actor Kabir Bedi will tell his life story in his memoir, which will be released in April. Entitled “Stories I Must Tell: An Actor’s Emotional Journey,” the actor will provide an honest glimpse into his life.

The book titled “The Last Queen” authored by an Indian-American author, poet Chitra Banerjee Divakaruni has been released recently. The book is published by HarperCollins.

Jasmine Harrison, 21-year-old swimming teacher has become the youngest woman to row solo across the Atlantic Ocean.

The Asian Development Bank (ADB) has appointed Woochong Um as its Managing Director General.

A former Union Minister of State for Social Justice and Empowerment and ex-BJP MP, Vijay Sampla, took charge as chairman of the National Commission for Scheduled Castes (NCSC), a post that was vacant since May 2020.

Chief minister Edappadi K Palaniswami announced that a frozen semen station to develop high milk yielding indigenous and cross bred cows will be set up in Karumandurai at the cost of Rs 100 crore.
He made this announcement after inaugurating the Asia’s biggest cattle park – Advanced Institute for Integrated Research on Livestock and Animal Sciences (AIIRLAS) – spread over 1,600 acres and constructed at the cost of Rs 1,023 crore on Koot Road near Thalaivasal in Salem district.

Madhya Pradesh Chief Minister Shivraj Singh Chouhan has announced that Hoshangabad city in the state would be renamed as Narmadapuram and a proposal to that effect would be sent to the Centre.

Call it the Covid-19 effect if you will, but the pandemic has put the spotlight firmly on vaccine capital Hyderabad and the biggest beneficiary of this attention seems to have been annual life sciences and healthcare conclave BioAsia, the 18th edition held online.
BioAsia, 2021, being held on the theme ‘Move the Needle’.

Chandigarh became the first state or Union Territory in India to launch Carbon Watch, a mobile application to assess the carbon footprint of an individual. Although the app can be accessed by everyone, it has specific options for the residents of Chandigarh to compile a detail study.

Exporters’ body Federation of Indian Export Organisations (FIEO) said it has elected A Sakthivel as its new president.

Moody’s upped India’s growth projection for the next financial year beginning April 1, to 13.7 per cent, from 10.8 per cent estimated earlier, on the back of normalisation of activity and growing confidence in the market with the rollout of Covid-19 vaccine.
For current fiscal, the US-based rating agency expects the economy to contract 7 per cent, lower than its previous estimate of 10.6 per cent contraction.

India’s rating agency, ICRA has projected the Indian economy to contract 7 percent in the current fiscal (FY21). For the next fiscal, i.e. FY22 (2021-22), ICRA expects a considerable rebound in India’s economic growth to 10.5 per cent due to higher central government spending, and a pick-up in consumption.

ICICI Bank partnered with the Greater Chennai Corporation (GCC) and Chennai Smart City Limited (CSCL) for the launch of the Namma Chennai Smart Card.

Haryana’s Deputy Chief Minister Dushyant Chautala was re-elected as President of Table Tennis Federation of India for a four-year term.

The 6th edition of International Conference on Pharmaceutical & Medical Device sector was inaugurated by Union Minister of Railways, Commerce & Industry, and Consumer Affairs and Food & Public Distribution Shri Piyush Goyal.
The theme of India Pharma 2021 is: ‘Indian Pharma Industry: “Future is Now”. The theme of India Medical Device 2021 is “India MedTech Future: Innovate & Make in India through Global Alliance”.

Union Minister of Jal Shakti, Gajendra Singh Shekhawat has inaugurated the International Commission on Large Dams (ICOLD) Symposium in New Delhi. The theme of the symposium is “Sustainable Development of Dams & River Basins”.

With the next review of the flexible inflation target (FIT) framework coming up soon, the Reserve Bank of India (RBI) said the current inflation target of 4 per cent with a +/-2 per cent tolerance band is appropriate for the next five years.

The Reserve Bank permitted resident individuals to make remittances under the Liberalised Remittance Scheme (LRS) to International Financial Services Centres (IFSCs) in the country.

RBI Governor Shaktikanta Das has reiterated that the central bank has projected the country’s growth forecast of 10.5 per cent for the next year.

Bestselling Indian author, columnist and influencer Karan Puri launches his second book #Me Too.

Michael Somare, a pivotal figure in Papua New Guinea’s independence and the South Pacific island nation’s first Prime Minister, has died. He was 84.

Well-known poet Vishnunarayanan Namboothiri died. He was 81. Namboothiri,one of the widely acclaimed poets of contemporary Malayalam literature, was awarded the Padma Shri in 2014.

India’s dashing batter Yusuf Pathan has announced his retirement from all formats of the game.

Veteran Sri Lanka opener Upul Tharanga announced his retirement from international cricket after a career spanning 15 years and during which he also enjoyed a brief stint as captain.

It is Foxconn of the toy world, manufacturing some of the most popular superhero figures and toy dart guns at a factory in Karnataka for some of the biggest names in the global toy industry. And it is now setting up India’s first toy manufacturing cluster to boost domestic industry.

Former India cricketer and Karnataka captain R. Vinay Kumar announced his retirement from international and first-class cricket.

Niger’s President-elect Mohamed Bazoum has ruled out a power-sharing deal with the opposition and blamed it for bringing children from rural areas for post-election protests.

Sharad Goklani has been appointed as President & CTO at AU Small Finance Bank.

The Centre has appointed Matam Venkata Rao as Managing Director & CEO of Central Bank of India for a period of three years.

Insurance sector regulator Irdai said it has formed a committee to review its information and security guidelines due to exponential increase in cyber-attacks across the globe in the wake of Covid-19.
The 14 member committee is to be headed by Institute for Development and Research in Banking Technology (IDRBT) Chairman Janakiram.

State Bank of India has tied up with JPMorgan to use the US bank’s blockchain technology to speed up overseas transactions.

The Andhra Pradesh government approved a scheme titled ‘EBC Nestham’, under which it would grant Rs 15,000 each to economically-backward women among dominant castes.