Weekly CA Quiz: August 2nd week

Khushwant Singh passed away in 2014.

Former West Bengal Minister, freedom fighter and ten-time legislator Gyan Singh Sohanpal, one of the most respected politicians in the state has passed away.

British-born actor Dev Patel is being awarded the Asia Game Changer Award for 2017 by the Asia Society in recognition of him using his celebrity status to place a spotlight on India’s poor.

As part of its forthcoming Country Partnership Strategy for the period 2018-22, Asian Development Bank (ADB) has proposed an overall annual lending of US$ 3 billion to US$ 4 billion for their Indian Operations including support for infrastructure projects. However, these figures are indicative in nature at this stage.

Justice Dipak Misra appointed as the next Chief Justice of India. Justice Misra, who will be the 45th Chief Justice of India. He will succeed incumbent J.S. Khehar, who retires on August 27.

ONGC beated Bengaluru Hockey to win MCC-Murugappa Gold Cup Hockey 2017

The National Skill Development Corporation (NSDC) and Google India have launched Android Skill Development programme to impart mobile development training on the Android and web platform and improve the quality of mobile app development ecosystem in India.

Nineteen acres of land which housed around 70 government office buildings in Chattisgarh’s Raipur is being converted into India’s first micro forest in order to create an oxy-zone. The micro forest will provide fresh air to Raipur which is the seventh most polluted city in the world. It will reportedly be open to the public in the next 8 months.

The Centre has decided to observe this 70th Independence Day on August 15 as ‘Sankalp Parva’ and asked the people to dedicate themselves to social causes and share their ideas to make a new India.

The eighth meeting of the Regional Technical Group of Confidence Building Measure on Trade, Commerce & Investment Opportunities under the Heart of Asia – Istanbul Process was hosted by India, as the Lead Country, in New Delhi.

Delhi will have the fastest growth of any city in Asia, with the economy to be almost 50% larger in 2021 than it was at the end of last year.

The exercise Yudh Abhyas – 2017, will be held from September 14-27 at Joint Base Lewis-McChord in the US.

Setting a precedent, the Gujarat government has issued a tender for power developers to receive cheap coal marked for the state in return for selling coal-based power at less than Rs 2.82 a unit.

Odisha will partner with Facebook to train women entrepreneurs and Self Help Groups (SHGs) to promote entrepreneurship and digital literacy and organise hands-on workshops for Micro, Small and Medium women Entrepreneurs and women SHGs on “Digital Marketing Skills” in collaboration with Facebook.

Almost all rural households in Kerala and Haryana had access to a toilet while Bihar fared the worst, as per the findings of a government commissioned survey on rural sanitation.

In a first, US scientists have developed a plant-based Zika vaccine that could be more potent, safer and cheaper to produce than other medicines being developed for the disease.

ICICI Bank has announced the launch of Instant Credit Card Service, which will enable its savings account customers to get a credit card instantly, in a completely digital and paperless manner. This is the first-of-its-kind offering in the Indian banking industry.

Former Union Minister and BJP MP Sanwar Lal Jat has passed away. He had served as Minister of State for Water Resources in the Narendra Modi government.

Neha Deshpande of Pune, Maharashtra has bagged the title of ‘7th Haut Monde Mrs India Worldwide 2017.’ 52 finalists competed with each other on August 5, 2017 at Kingdom of Dreams, Gurugram.

Private sector lender IDFC Bank has partnered with digital payments company Zeta, to launch ‘IDFC Bank Benefits’ – a payment solution for corporates that digitises employee spends and claims, making the process simple, real-time and paperless.

National Cyber Coordination Centre.
NCCC scans internet traffic coming into the country to detect real-time cyber threat and alert various organisations as well as internet service providers for timely action.

The Uttar Pradesh Government led by Chief Minister Yogi Adityanath has launched a new awareness drive called Namami Gange Jagriti Yatra. The drive will be focusing on cleanliness along the banks of Ganga river and maintain hygiene. It will urge people to maintain the cleanliness and hygiene of the Ganga river.

A bench headed by NGT Chairperson Justice Swatanter Kumar also announced an environment compensation of 5,000 rupees on anyone found in possession of such banned plastic. The tribunal directed Delhi government to seize the entire stock of plastic within one week.

Bangladesh will soon open a new diplomatic station in Chennai. The new post was likely to focus on medical tourism and educational centres that drew thousands of Bangladesh citizens to India every year.

The Reserve Bank’s Central Board has approved the transfer of surplus to the government of India amounting to Rs 306.59 billion for the year ended June 30, 2017. RBI follows a July to June accounting year.

World Bank has sanctioned a loan of US $ 1 billion for funding Institutional Development and for construction of priority infrastructure projects for municipal waste water treatment and solid waste treatment on the main stem of Ganga in the five Ganga basin states of Uttarakhand, Uttar Pradesh, Jharkhand, Bihar and West Bengal.

Index was given by French asset management company Natixis Global. India has ranked the lowest. Switzerland, Norway and Iceland topped the ranking.

Actor Sitaram Panchal, who was suffering from cancer since three years has passed away. He had worked in acclaimed films like Slumdog Millionaire, Peepli Live and Paan Singh Tomar, etc.

Noted poet and writer Vijay Nambisan has passed away. Some of his books are ‘Gemini’, ‘Language as an Ethic’ and ‘Bihar is in the Eyes of Beholder’.

The Rajya Sabha has passed the Banking Regulation (Amendment) Bill, 2017, which will enable the government to empower the RBI to direct lender banks to act against big loan defaulters.
The bill, which amends the Banking Regulation Act, 1949, will replace the Banking Regulation (Amendment) Ordinance, 2017.

Legendary Indian athlete Milkha Singh has been appointed WHO Goodwill Ambassador for Physical Activity in South-East Asia Region.

Pahlaj Nihalani, whose decisions as the CBFC chief repeatedly angered the film fraternity,

has been replaced by noted lyricist and ad guru Prasoon Joshi, drawing widespread applause from the film fraternity.

Headquartered in San Jose, Northern California, PayPal, one of the world’s largest Internet payment companies would acquire Swift Financial, an online lender for small businesses in the US.

In an apparent bid to take on Google-owned YouTube, Facebook has rolled out ‘Watch’ — a redesigned video platform for creators and publishers.

The 69th Indian Pharmaceutical Congress (IPC), an international conference hosted by IPC association involving manufacturing, teaching, and other pharmacy associations is to be organised at Chitkara University, Punjab this year between December 22 and 24, 2017.

PM Modi has announced that India and US will co-host the Global Entrepreneurship Summit at Hyderabad from 28-30 November 2017. He also informed that Ivanka Trump, daughter of President of United States of America Donald Trump, will be leading the US delegation.

The theme of the Summit will be Women First, Prosperity for All, highlighting the critical role women play in fostering global growth and prosperity.

Canada and India will jointly host the Tech Summit 2017 from 14 – 15 November in New Delhi.

External Affairs Minister Sushma Swaraj has informed that India will be hosting the first BIMSTEC Disaster Management Exercise in October this year.

In an effort to apply and figure out technology-based solutions for women and road safety in Hyderabad, the government of Telangana in association with the World Resources Institute (WRI) India – Ross Centre and the Indian School of Business (ISB) launched the ‘Smart Streets Lab’ programme.

Odisha’s Chief minister Naveen Patnaik has launched ‘She Means Business’ programme of Facebook for women entrepreneurs in Odisha. Under the scheme 25, 000 women entrepreneurs and self-help group (SHG) members will be given training on digital marketing skills within next one year.

The India INX, which is a wholly owned subsidiary of the BSE, is located at the International Financial Services Centre (IFSC), GIFT City.

The Under-19 cricket Asia Cup, scheduled to be held in Bengaluru, has been moved to Malaysia following the Pakistan Cricket Board (PCB)’s objection to the tournament being held in India. The tournament will now be held in November in Malaysia.

Uhuru Kenyatta has been re-elected as the president of Kenya.

The International Youth Day 2017 theme: ‘Youth Building Peace’.

Homegrown messaging and social media technology company Hike Messenger has acquired Bengaluru-based tech startup Creo for an undisclosed amount.

Rajya Sabha TV CEO Gurdeep Singh Sappal has announced his resignation from the post. Prasar Bharti CEO Shashi Shekhar Vempati has been given addition charge of of the channel.

The Hindu Playwright Award 2017 was presented to Gerish Khemani and Akshat Nigam for their play ‘In Search of Dariya Sagar’.

Veteran sports journalist Ted Corbett born in England has passed away.

Sova Sen, a legendary figure of the Bengali stage has passed away. Shobha Sen (also known as Sova Sen) was Bengali theatre and film actress.

Dr Ruth Pfau, a German doctor popularly known as Pakistan’s ‘Mother Teresa’ for dedicating her life to eradicate leprosy in the country has passed away.

World’s oldest man, Yisrael Kristal, who lived through both World Wars has passed away in Israel. He was born in Poland.

Nine-year-old Kaamya Karthikeyan became the youngest person to reach the summit of the 6,153 metres-high Mt Stok Kangri in Kashmir. In May this year, Kaamya had successfully reached the base camp of Mt Everest at 5,464 metres.

Maharashtra Chief Minister Devendra Fadnavis launched Namo Yuva Rojgar Kendra an initiative providing job opportunities to unemployed youth in Mumbai. There are various schemes like farmers weekly market, farmers mobile market and mother’s Tiffin, under this Yuva Rojgar Kendra.

Air Vice Marshal (retired) Nalin Tandon has been appointed as the vice-chancellor of India first aviation university at Fursatganj in Uttar Pradesh’s Rae Bareli district.

The country’s first aviation university at Fursatganj in Uttar Pradesh’s Rae Bareli district is all set for inauguration on August 18.

The Parliamentary Panel headed by Maj. General (Retired) B C Khanduri has tabled its report in Parliament. In the report, the panel has recommended the 100% pension to widow of deceased soldier so that she can take care of her family. The report stated that after the death of a soldier, the pension of the spouse comes down to 60% of his pension.

Indian Ocean Naval Symposium’s (IONS) maiden International Maritime Search and Rescue Exercise (IMMSAREX) will be held in November 2017 in the Bay of Bengal under the chairmanship of Bangladesh.

The WHO said Somalia recorded the last case of polio in 2014 in the central part of the country but has since then remained free of the paralyzing disease. So it has declared the country polio free.

Germany’s Alexander Zverev has won men’s singles title of the Rogers Cup after beating Swiss maestro Roger Federer.

Budding India shooter Shapath Bhardwaj, aged 15, has become the country’s youngest athlete to figure in the government’s Target Olympic Podium (TOP) scheme.

The greatest sprinter of modern times, Usain Bolt said good bye to the Athletics world. But the farewell ended in agony as he injured himself while running the last lap of the men’s 4x100m relay race in the World Athletics Championships in London

Australia’s former Olympic and world cycle champion Stephen Wooldridge has passed away.

While speaking after hoisting the tri-colour at the state level celebrations of India’s 71st Independence Day, Goa Chief Minister Manohar Parrikar said that Goa will be made garbage free by 2020.