Weekly CA Quiz: August 3rd week

India will host the next steering committee meeting of the proposed 1,814 kilometre-long Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline.

Scientists at the University of Toronto in Canada have succeeded in developing an injectable tissue bandage that is capable of repairing damaged hearts without surgery This bandage is injectable through a small needle.

World Bank pledges $24.64 mn to enhance India’s forest ecosystem services from its Global Environment Facility (GEF).The project’s duration is five years.

Odisha Government will soon launch “Durgama Anchalare Malaria Nirakaran” (DAMON), a special programme to prevent the spread of malaria in remote areas of Ganjam district.

The first South Asian Youth Summit-2017 is all set to be organised in Bhubaneswar, Odisha from September 17. Ministers of all eight SAARC member countries would participate in the Summit.

India’s first museum on Partition of the Indian subcontinent will open this week in Amritsar, Punjab, as India and Pakistan celebrate 70 years as independent nations. The museum will include photographs, newspaper clippings, donated personal items, and screens showing video interviews with survivors.

Andhra Pradesh Chief Minister N. Chandrababu Naidu has laid the foundation stone of the Indo-UK Institute of Health (IUIH) Medicity in Amravati.
The facility is being developed in association with King’s College Hospital, London, with an investment outlay of Rs 1,600 crore.

As part of the campaign, the ministry will undertake activities to create awareness among various stakeholders and encourage people to participate in combating air pollution.

Preliminary results from the first-ever synchronised all-India Elephant Population Estimation pegs India’s Asian elephant population at 27,312.
According to the report, released by the Ministry of Environment, Forests and Climate Change on August 12, Karnataka has the highest number of elephants (6,049), followed by Assam (5,719) and Kerala (3,054).

The Union Cabinet has decided to revive the North Koel Reservoir Project, stalled since 1993, and claims it will irrigate over 40,000 hectares in some of the most backward and drought-prone regions in Jharkhand and Bihar.

State-run Bharat Sanchar Nigam Limited (BSNL) has launched bespoke mobile wallet (mobile payment App) that would enable its existing 100 million customers to make Bill payments and transact on e-commerce platforms.
The wallet has been developed and issued by MobiKwik on behalf of BSNL.

Young Indian shuttler Lakshya Sen has clinched the Bulgaria Open International Series title after defeating Croatia’s Zvonimir Durkinjak in the men’s singles final in Sofia, Bulgaria.

The 16th edition of IAAF (International Association of Athletics Federations) World Championships 2017 was held in London. The championships were held in the London Stadium in Stratford.

Actor Shanmugasundaram, who has appeared in a number of Tamil movies in character and supporting roles has passed away.

Karur Vysya Bank vide the Reserve Bank of India’s approval has appointed Shri P R Seshadri as Managing Director & Chief Executive Officer of the Bank for a period of 3 years from the date of his taking charge.

Bappi Lahiri was awarded 7th Bharat Ratna Dr. Ambedkar Award for his legendary 48 years of musical work in both Bollywood and Hollywood in Delhi.

A doyen of photography, Paul Saheb known as S Paul has passed away.

Celebrating the occasion of world Entrepreneurship Day, ASSOCHAM (Associated Chambers of Commerce and Industry of India) has bestowed Mobikwik co-founder Upasana Taku with the ‘Best Woman Entrepreneur Award 2017’.

Vishal Sikka has resigned as the Managing Director and Chief Executive Officer of Infosys Ltd. B. Pravin Rao has been appointed as the interim-managing director and chief executive

Dr. (Ms.) Mamta Suri has been appointed as Executive Director of Insolvency and Bankruptcy Board of India (IBBI).

The government has banned exports of gold jewellery, medallions and other articles with purity above 22 carats in a bid to check round tripping of the precious metal.

Emmanuel Macron – President of France

The Prime Minister interacted with Young Entrepreneurs at the “Champions of Change” initiative organised by NITI Aayog at Pravasi Bharatiya Kendra.

World’s most expensive footballer, Brazil’s Neymar Jr has become a goodwill ambassador for Handicap International.
Neymar da Silva Santos Júnior, commonly known as Neymar or Neymar Jr., is a Brazilian professional footballer who plays as a forward for French club Paris Saint-Germain and the Brazil national team.

Sir Bruce Joseph Forsyth-Johnson CBE was an English television presenter and entertainer whose career spanned more than 75 years.

The country’s defence acquisition council (DAC) has given the green light to a proposal to buy six Apache AH64E attack helicopters for the army from the United States.
The Boeing-manufactured helicopters and associated equipment cleared by the council are expected to cost around Rs 4,168 crore.

RBI Governor Urjit Patel said that gross NPA ratio of the banking system at 9.6 per cent and stressed advances ratio at 12 per cent as of March 2017 is indeed a matter of concern.

Chief Minister of Maharashtra Devendra Fadnavis has inaugurated the Dr Vishwanath Karad MIT World Peace University (MIT-WPU) in Pune, said to be the first of its kind in India.

A special train called the ‘mosquito terminator’ was pressed into service by the South Delhi Municipal Corporation (SDMC), in collaboration with the Northern Railway, to spray anti-larval chemicals along the tracks to control mosquito breeding.

India and United States will start a new two-by-two ministerial dialogue to enhance “peace and stability across the Indo-Pacific region”.

The first regional centre of the New Development Bank, set up by India and other BRICS nations, was officially opened in Johannesburg by South African by President Jacob Zuma and the bank’s Indian head K V Kamath.

Ethiopia will host an international conference on maternal and child health on August 24 and 25 under the theme “Overcoming critical obstacles to maternal and child survival”.

The National Bank of Agriculture and Rural Development (NABARD) has sanctioned a loan assistance of Rs 1,349.55 crore to the Rajasthan government for creation of rural infrastructure in the state under the Rural Infrastructure Development Fund (RIDF).

State-run power transmission utility Power Grid Corp has announced that it will get a loan of USD 500 million from the Asian Development Bank (ADB) for its various projects.

The base colour of the new notes of Rs 50 denomination will be fluorescent blue and its dimension will be 66 mm x 135 mm.

A team of Indian researchers has discovered two new primitive species of earthworm in the Western Ghats mountain ranges in Kerala.

National Aeronautics and Space Administration (NASA) has launched the latest in a series of satellites aimed at ensuring astronauts at the International Space Station can communicate with Earth.

The Indian Council of Food and Agriculture (ICFA) announced the Global Agriculture Leadership Award to Telangana chief minister K Chandrasekhar Rao.

Renowned American stand-up comedian, actor and civil rights activist Dick Gregory has passed away.

Book ‘I am HIV positive, so what?’ on the career of Manipur bodybuilder, K Pradipkumar Singh, known for his personal struggle against HIV AIDS, has been released.

The 24th Congress and General Assembly of the International Union of Crystallography (IUCr) 2017 began in Hyderabad, Telangana on 21st August 2017.

Union Minister of State (IC) for Power, Coal, Renewable Energy and Mines, Shri Piyush Goyal, addressed a distinguished gathering of delegates attending the 3-day 8th World Renewable Energy Technology Congress in Delhi.

India has entered into an agreement with International Vaccine Institute (IVI) in South Korea under which it has committed an annual contribution of $5,00,000 for vaccine research and development.

China will run the world’s fastest bullet train — the Fuxing — between Beijing and Shanghai at 350 kms per hour, covering the 1,250-km-long distance (equal to that between Jammu to Bhopal) in just 4.5 hours from September 21.

China is going to launch the world’s first nuclear power plant, the Sanmen Nuclear Power Station, that is immune to meltdown. The US and China jointly invested over ₹38,000 crore for building the reactor used in the plant.

According to The Economic survey, extreme weather events are costing India $9-10 billion annually and climate change is projected to impact agricultural productivity with increasing severity from 2020 to the end of the century.

Oinam Bembem Devi has carried the mantle of Indian women’s football for the past two decades. Now after over 20 years of contribution to the sport, Oinam Bembem Devi has become the second Indian woman footballer to win the Arjuna Award. She is famously referred to as the Durga of Indian Football.

American actor and comic legend Jerry Lewis has passed away.

Senior Retired IAS Officer, PVRK Prasad has passed away. He served as information advisor to former Prime Minister P V Narasimha Rao. As an IAS Officer of Andhra Pradesh Cadre, he served in various capacities in both Central and state governments.

The 24th Congress and General Assembly of the International Union of Crystallography (IUCr) 2017 began in Hyderabad, Telangana on 21st August 2017.

With an aim to strengthen the family planning programme in the state, Odisha Government has launched free Injectable Contraceptive ‘Antara’ programme, which is considered effective and convenient.

Nobel laureate Kailash Satyarthi announced that he would embark on a 35-day ‘Bharat Yatra’, leading a fight against child trafficking and child sexual abuse across the country.

Android 8.0 is now official as Android Oreo. Earlier, the operating system was known as Android O. On 21st August 2017, Google announced the name of its latest version of Android through a “live stream” and a short clip that first showed the O in Android O as the solar eclipse before the animation changed it into the Oreo.

External Affairs Minister Sushma Swaraj will inaugurate the country’s first Videsh Bhavan, assimilating all Regional Passport Offices under one roof, at the Bandra Kurla Complex (BKC) in Mumbai.

Karnataka Government launched clouding seeding Project Varshadhari in Bengaluru under which an aircraft will spray chemicals to induce rainfall.

The cabinet has approved the renaming of the new central sector scheme SAMPADA (Scheme for Agro-Marine Processing and Development of Agro-Processing Clusters) as Pradhan Mantri Kisan Sampada Yojana (PMKSY).

The Ministry of Youth Affairs and Sports is going to establish National Sports Museum, first of its kind, at Jawaharlal Nehru Stadium, New Delhi.

Former Manipur chief minister and Rajya Sabha MP Rishang Keishing has passed away.

England’s all-time leading goalscorer Wayne Rooney has announced his retirement from international football, effective immediately.

HDFC Ergo General Insurance has completed the merger with L&T General Insurance, marking the first amalgamation in the country’s non-life insurance sector.

The government has raised the creamy layer ceiling by Rs 2 lakh (from 6 lakh to 8 lakh per annum) and announced setting up of a commission to work out sub-categorisation within Other Backward Classes (OBCs) for a “more equitable distribution of reservation benefits”. The chairperson of the Commission is yet to be appointed.

Yes Bank. Looking to preserve India’s rich food heritage, regulator FSSAI is creating an archive of recipes and plans to take other initiatives such as setting up hubs and organising food festivals.
Also, a dedicated online portal ‘FOODCAST’ will be designed to disseminate these recipes and also guide people on which food to eat and when.

Air India chief Ashwani Lohani has been named Chairman of the Railway Board to succeed A.K. Mittal, who stepped down in the wake of repeated train accidents.