Weekly CA Quiz: January 2019 4th week with PDF (Updated PDF)

Explanation: The 2nd World Integrated Medicine Forum 2019 on the Regulation of Homeopathic Medical Products held in Goa. AYUSH Minister Shripad Naik inaugurated the three day forum. 20 countries will participate in the event.

Explanation: The two-day Global Investors Summit, being organised by TamilNadu government,is underway in Chennai.

Explanation: With the aim to synergise humanitarian mine action and joint peace operations, the Indian Africa Field Training Exercise (IAFTX) will be held in Pune from March 18 to 27.

Explanation: Microsoft India launched a new e-commerce platform “re-weave.in” under Project ReWeave‘ to aid handloom weavers. The e-commerce platform would connect artisans to the buyers directly enabling them to expand to newer customers and markets.

Explanation: Navy Chief Admiral Sunil Lanba will commission the new Naval Air Base “INS Kohassa” at Diglipur in Andaman and Nicobar Islands.

Explanation: CEOs’ confidence in global economic growth has dropped dramatically by a record jump in pessimism but India has emerged as the “rising star” by surpassing the UK to become 4th most attractive destination,a PwC survey said.US topped the list.

Explanation: China is set to overtake the US as the world’s biggest retail market in 2019. Research firm eMarketer in a report published predicted that China’s total retail sales will grow 7.5 percent to reach $5.636 trillion in 2019, while that of the United States will grow 3.3 percent to $5.529 trillion.

Explanation: South Africa all rounder Johan Botha announced retirement from all forms of cricket with immediate effect.

Explanation: YES Bank has appointed Deutsche Bank’s Ravneet Singh Gill as its M and CEO, who will succeed Rana Kapoor

Explanation: South Africa President Cyril Ramaphosa arrived in Delhi for his first state visit ahead of the Republic day celebration parade, where he is the chief guest. Ramaphosa is 2nd South Africa’s President after Nelson Mandela to be the chief guest at the Republic Day parade.

Explanation: India opened the year’s space campaign by putting into orbit defence imaging satellite “Microsoft R”for the DRDO and students-built nano-satellite “Kalamsat” in a copy book style.

Explanation: DRDO has successfully test fired Long Range Surface to Air Missile from naval warship INS Chennai. The test was conducted off the coast of Odisha.

Explanation: Nepal and India have agreed to set up an “Energy Banking” mechanism that would help the Himalayan country export its surplus electricity to neighbour India during the monsoon season and import power during its lean season in winter.

Explanation: The telangana government has decided to form a “State Tiger Protection Force”to save the Big Cat population in the State.

Explanation: The Pakistan government declared sugarcane juice as the “national drink” of the country.

Explanation: Global growth is expected to remain at 3 percent in 2019 and 2020, however, the steady pace of expansion in the global economy masks an increase in downside risks that could potentially exacerbate development challenges in many parts of the world, according to the World economic Situation and Prospects 2019.

Explanation: Despite global and structural challenges, India will continue to grow in the 7-7.5 percent range in the next few years, one of the highest growth rates in the world which could further go up by at least 1 per cent through reforms designed to address structural problems, the Prime Minister’s Economic Advisory Council said.

Explanation: Nearly 65 percent of Indian organisations are better prepared for the European Union’s General Data Protection Regulation(GDPR), making the country the 6th leading nation globally in the GDPR Readiness Index, global networking leader Cisco said.

Explanation: England’s women’s cricketer Danielle Hazell has announced her retirement from the international cricket after serving the game for nine years.

Explanation: “No Presents Please”, originally written in Kannada by noted author Jayant Kaikini and translated into English by Tejaswini Niranjana, was announced as the winner of the prestigious $25,000 DSC Prize for South Asian Literature 2018 at the Tata Steel Kolkata Literary Meet in Kolkata

Explanation: Acclaimed Hindi fiction writer and essayist Krishna Sobti passed away in New Delhi at the age of 93 due to prolonged illness.

Explanation: Russell Baker, the genial, but sharp-witted writer who won Pulitzer Prizes for his humorous columns in The New York Times and a moving autobiography of his impoverished Baltimore childhood and later hosted television’s ‘Masterpiece Theatre’, has passed away.

Explanation: Sahitya Akademi award winning Bengali writer Atin Bandyopadhyay passed away at a city hospital in Kolkata.

Explanation: India is celebrating 9th National Voters Day on 25th Jan 2019 for enhanced participation of citizens in the electoral process.The theme is “accessible elections”.

Explanation: China is poised to become the world’s top retail market in 2019, displacing the US. China’s retail sales this year will surpass that of the US by more than $100 billion, according to eMarketer’s latest worldwide retail and ecommerce forecast.

Explanation: Numaligarh Refinery Limited has been awarded the best miniratna PSU in strategic performance (financial category) at the Governance Now Sixth PSU awards.

Explanation: Oxford Dictionaries announced that “Nari Shakti” as its Hindi word of the year for 2018 at the ongoing Jaipur Literature festival.

Explanation: On the occasion of Republic Day, Madhya Pradesh CM Kamal Nath announced the launch of the “Yuva Swabhiman Yojana” for youths from the economically weaker sections in urban areas.

Explanation: India is on the way to becoming the 5th largest economy in the world,PM Narendra Modi said recently.

Explanation: Highlighting the success of Make in India and contribution of Indian workers, Minister of Railways Piyush Goyal, renamed India’s first indigenous semi-high speed train “Train 18” as “Vande Bharat Express”.

Explanation: Insurance regulator IRDA set up a panel to identity domestically systemically important insurers(SII) and put in place an enhanced regulatory framework for them. SIIs are perceived as insurers that are ‘too big to fail’.It will be headed by Pravin Kutumbe.

Explanation: GlaxoSmithKline Consumer HealthCare said its merger deal with Hindustan Unilever Limited(HUL) has been approved by the fair trade regulator CCI.

Explanation: The World Economic Forum annual meet began in Davos. World leaders from across the globe flocked to the ski resort town on the Swiss Alps for five days to discuss what’s ailing the world amid fears of the global economy sleepwalking into a crisis.

Explanation: Ace Indian Shuttler Saina Nehwal was crowned champion of the Indonesia Masters 2019 after her opponent Carolina Marin pulled out of the summit clash due to an injury.

Explanation: Surpassing master blaster Sachin Tendulkar’s record,Nepal teenage batsman Rohit Paudel has become the youngest cricketer to score a half century in international cricket at the age of 16 years and 146 days.

Explanation: NewZealand pacer Ewen Chatfield, famously known as the Naenae Express, finally ran “out of steam” as he has announced his retirement from cricket at the age of 68.

Explanation: Indo Tibetan Border Police(ITBP) won the national Ice Hockey Tournament in Ladakh.

Explanation: People can watch the highlights of this year’s Republic Day parade at the Rajpath on a mobile application which has been launched by the Defence Ministry.The “RDP India 2019”app was launched on the occasion of the 70th Republic Day.

Explanation: A dedicated RPF Women Squad named as “JOYMATI BAHINI”, comprising women sub-inspector and constables of the Railway Protection Force was formally launched today at Kamakhya Railway Station in Guwahati.

Explanation: A 5.1 km long cable stayed “Atal Setu” on the Mandovi river in Goa, a third such bridge to connect the state capital with North Goa, was opened to public by Union Minister Nitin Gadkari.

Explanation: Post Graduate Programme in Management (PGP) of the Indian School of Business has been ranked at 24 worldwide in the Financial Times Global MBA Rankings 2019.

Explanation: Japan’s Naomi Osaka beat Czech Petra Kvitova in a thrilling Australian Open final to win back-to-back Grand Slams and become the new world number one.

Explanation: International Holocaust Remembrance Day is an international memorial day on 27th January commemorating the tragedy of the Holocaust that occurred during the Second World War.the theme is “Holocaust Remembrance:Demand and Defend Your Human Rights”.

Explanation: Assam Government has conferred the Republic Day Journalism Award 2019 to veteran journalist and former editor Dhirendra Nath Chakraborty.

Explanation: Poonam Khetrapal Singh has been appointed Regional Director for WHO South East Asia , for a second five-year term

Explanation: Former Defence Minister George Fernandes, long-time socialist and a trade unionist, who fought the Congress all his life passed away after prolonged illness.

Explanation: india’s Ambati Rayudu has been suspended from bowling in international cricket with immediate effect after the part-timer’s action was reported during the first ODI against Australia earlier this month.

Explanation: The central banks of the UAE and Saudi Arabia have launched a common digital currency called “Aber”, which will be used in financial settlements between the two countries through Blockchains and Distributed Ledgers technologies.

Explanation: The government of Uttarakhand has obtained the permission to develop the tulip garden over 50 hectares of forest land in Pithoragarh district at a cost of Rs 50 crore. It will be the 2nd Tulip garden in the country after the one located in Srinagar of Jammu and Kashmir.

Explanation: Union Civil Aviation minister Suresh Prabhu inaugurated India’s first Geographical Indication Store at Goa International Airport in Dabolim.

Explanation: Odisha CM Naveen Patnaik announced “Jiban Sampark” project in partnership with UNICEF India to generate awareness about the development and welfare initiatives of state government among the Particularly Vulnerable Tribal Groups of the state

Explanation: Tamil Nadu was declared the “Best State Overall” for exemplary participation in the Swasth Bharat Yatra, a 100-day consumer outreach programme of the FSSAI, which was launched to amplify its Eat Right India Initiative.

Explanation: Actress Deepika Padukone has replaced producer Kiran Rao as the chairperson of the Mumbai Academy of Moving Image(MAMI).

Explanation: Midfielder Ki Sung Yueng announced his retirement from the South Korean National Team.

Explanation: Singapore has been rated as the most liveable location for Asian expatriates in 2019 for the 14th consecutive year, according to a survey by ECA International.

Explanation: RBI said that it will inject Rs 37,500 crore into the system through purchase of government securities in February to increase liquidity

Explanation: Dubai international Airport said it has retained its position as the world’s busiest airport for the fifth consecutive year in a row in 2018 with Indian travelers emerging as the largest source of traffic for the airport which registered a record footfall of over 89 million.

Explanation: Celebrating 50 years of formalization of diplomatic ties between india and Bhutan,a two day international conference on 8th century Himalayan Range Guru Padmasambhava was held in New Delhi that saw the participation of distinguished scholars from both countries.

Explanation: Food businesses need to comply with new packaging regulations that bar use of recycled plastics and newspapers to wrap food articles by July 1.

Explanation: India rose by three points to 78 in the list of 180 countries in the world, while China ranked 87 in Global Corruption Index.Denmark topped the list.

Explanation: Leading Micro,Small and Medium Enterprises associations of south India are coming together to organise the South India MSME Summit 2019 to be held in Bengaluru.

Explanation: Food regulator FSSAI issued a notification seeking a ban on the use of pins in tea bags by the food business operators by June 30.

Explanation: The new Campus of the National Museum Institute was inaugurated by Union HRD Minister Prakash Javedkar. Four new courses that are Archaeology; Palaeography, Epigraphy and Numismatics; Structural Conservation and Cultural and Heritage Management, are expected to be commenced.

Explanation: Revenue collection under GST for January crossed Rs 1 lakh crore. Total collection for the month of January last year was Rs 89,825 crore, the Finance Ministry said.

Explanation: In an effort to encourage entrepreneurs and small businesses in India, Facebook-owned messaging app Whatsapp announced the “StartUp India Whatsapp Grand Challenge”.

Explanation: In a major fillip to Punjab’s persistent efforts for securing the waiver of Rs 31000 crore food account, Chairman of the 15th Finance Commission NK Singh formed a committee to find ways of settling the matter.

Explanation: The state-run ISRO said it has unveiled a Human Space Flight Centre in Bengaluru.

Explanation: Vice Admiral G Ashok Kumar, AVSM, VSM assumed charge as Vice Chief of the Naval Staff.

Explanation: Lt Gen Rajeev Chopra assumed the charge of Director General of NCC.

Explanation: Railway Minister Piyush Goyal has been awarded the Carnot Prize for his contribution towards sustainable energy solutions by the University of Pennsylvania located in Philadelphia,Pennsylvania,US. He has donated the prize money to International Solar alliance.

Explanation: Observed on the last Sunday of January. 30 January 2019. This year’s theme for World Leprosy Day is “Ending Discrimination, Stigma and Prejudice”.

Explanation: Prime Minister Narendra Modi dedicated to the nation the National Salt Satyagraha Memorial at Dandi in Gujarat on Mahatma Gandhi death anniversary on 30th January.

Explanation: Union Ministry of Home Affairs announced the name of 112 recipients of the Padma Awards, one of the highest civilian awards of the country on the eve of the country’s 70th Republic Day.

Explanation: Union Minister for Minority Affairs Mukhtar Abbas Naqvi said that GST on Haj has been reduced from 18 percent to 5 percent and this will significantly lower the air fare thus saving Haj pilgrims’ 113 crore rupees this year.