Weekly CA Quiz: January 3rd week (16 Jan – 23 Jan)

The objectives of the project are to improve health services and increase their utilization by communities in targeted locations in Nagaland.

The World Bank will fund a Maharashtra government project for reclaiming saline lands, spread over 5 lakh hectares affecting 1,000 villages in the State.

The IMF cut India’s growth rate for the current fiscal year to 6.6 per cent from its previous estimate of 7.6 per cent due to the “temporary negative consumption shock” of demonetisation.

PSU lender Andhra Bank announced the launch of a new initiative ‘AB e-Vyapar’ for cashless transactions through mobile phones for which only the Aadhar number is required.

India has slipped 3 places to 92nd rank on the global index of talent competitiveness that measures how countries grow, attract and retain talent, a list topped by Switzerland.

Kiran Doshi, a retired diplomat and educationist from Gujarat, won The Hindu Prize 2016 for his third major work of fiction, Jinnah Often Came to Our House, a book set against the political turmoil of the subcontinent from the early part of the 20th century, ending with the Partition and Independence.

Amazon India announced the launch of regional language support services for sellers in three Indian languages – Kannada, Tamil and Telugu.

Yes Bank claimed to have launched the industry’s first customisable savings account which will protect customers from “unwanted charges” levied in current offerings.

The United Nations World Economic Situation and Prospects (WESP) 2017 report said India’s economy is projected to grow by 7.7 per cent in fiscal year 2017 and 7.6 per cent in 2018, as it benefits from strong private consumption and gradual introduction of significant domestic reforms.

India ranked 78th in global ‘Passport Index’

India has been ranked 60th among 79 developing economies, according to a WEF report, ‘Inclusive Growth and Development Report 2017’.

Every year the Ministry of Petroleum and Natural Gas (MOP & NG) conduct mass awareness drive on oil and gas conservation across the country on January 16.

Punjab National Bank and India Post Payments Bank have signed a memorandum of understanding, whereby PNB will provide technology platform for pilot launch of IPPB on receipt of regulatory nod from the Reserve Bank of India.

The government approved Rs 45,000 crore loan to FCI out of National Small Savings Fund, while exempting most of the states and UTs from mandatory investment norms with regard to funds collected under the NSSF scheme.

Organized by Apparel Export Promotion Council India, the event is one of the largest and most popular platforms in Asia, from which overseas garment buyers can source products and forge business relationships with India’s finest players in the apparel and fashion accessories domain.

‘ShaGun’ aims to capture and showcase innovations and progress in Elementary Education sector of India by continuous monitoring of the flagship scheme – Sarva Shiksha Abhiyan (SSA).

The Karang island is located in the middle of Loktak, the largest freshwater lake in Northeast India in Manipur

For the safety of their field executives or “Wishmasters”, e-commerce platform Flipkart launched “Project Nanjunda” that enables them to raise an alarm in case of an emergency.

The US government has given half a billion dollars to the UN’s Green Climate Fund, just three days before Donald Trump takes office. Barack Obama’s outgoing administration announced the contribution of 500 million dollars, bringing the total funds to date to one billion dollars.

Mawlynnong is a village in the East Khasi Hills district of the Meghalaya state, India. It is famous for its cleanliness and natural attraction.

It is in Himachal Pradesh.

The government, which is infusing Rs 1,894 crore capital into State Bank of India, has asked the country’s largest lender to take necessary regulatory approvals for the fund infusion.
This is the part of Rs 7,575 crore capital infusion announced by the government in July 2016.

The Insurance Regulatory and Development Authority (IRDA) had in November 2016 last year given its approval for Lloyd’s application to provide onshore reinsurance services in India.

Digital payments platform FreeCharge and Reliance Mutual Funds have teamed up to offer paperless access to mutual funds with instant redemptions and zero charges.

Himachal Pradesh Chief Minister Virbhadra Singh announced that Dharamsala town in Kangra district will be the second state capital.

Madhya Pradesh has become the first State of the country where Aanandam programme has been started to help the needy persons.

In India, the programme has been launched in partnership with The AntiAlias, a digital marketing agency. As per this, anyone in India can establish an Estonian company online within a day and administer it remotely.

Chinese online giant Alibaba became the worldwide Olympic partner through 2028 after signing the first long-term partnership with International Olympic Committee (IOC).
Alibaba will become the official cloud services and e-commerce platform services partner as well as the founding partner of the Olympic Channel.

The central government has sanctioned Rs 2,207.30 crore to Jammu & Kashmir as ‘special assistance’ during 2016-17 with a view to expediting completion of area-specific schemes.

India’s biggest aircraft carrier ship is set to make history by the becoming the nation’s first warship to have an ATM onboard the vessel.
The ATM belonging to the State Bank of India (SBI) will be operated through satellite link.

The scheme is aimed at providing financial assistance to improve socio-economic lives of farmers and steer them towards digitisation.

Beating Haryana Hammers.

For the first time, a film made in a Himachali dialect “Saanjh” gets international recognition by grabbing best feature film award at international Borrego Springs Film Festival held in California, US, beating 750 other nominated films from across the globe.

The Bihar human chain is tipped to be the world’s largest so far. The previous record is of 1050 km long human chain which was formed in Bangladesh in 2004.
The Bihar Government also launched a ‘nasha mukt’ (addidction-free) state campaign, after formation of human chain across the state.

Indian firms pumped in USD 2.06 billion in Singapore in December, which is over 82.5 per cent of the total commitment.
This is the first month for which RBI has started publishing data in terms of country-wise investment by Indian firms.

Over 3.5 lakh people set a new world record by singing the national anthem at an event at Kagvad in Rajkot district of Gujarat. The occasion was installation of idol of goddess Khodiyar at a newly-built Khodal Dham temple in the town.

beating Thailand teenager Pornpawee Chochuwong.

GMR Group-led consortium Delhi International Airport Ltd. (DIAL) has bagged the prestigious Golden Peacock Award for Corporate Social Responsibility in the aviation transport sector for 2016.

Currently, the fastest train in India is Gatimaan Express with top speed of 160 km per hour.

Assam Chief Minister Sarbananda Sonowal, announced that a ‘Chief Minister’s Award’ would be given to the best performing district in adopting digital payment methods and familiarising cashless transactions among a large section of people.