Weekly CA Quiz: June 2019 2nd week with PDF

Explanation: World Oceans Day takes place every 8 June. The concept was originally proposed in 1992 by Canada’s International Centre for Ocean Development (ICOD) and the Ocean Institute of Canada (OIC) at the Earth Summit – UN Conference on Environment and Development (UNCED) in Rio de Janeiro, Brazil.The theme selected by the United Nations for this United Nations International Day (2019) is “Gender and Oceans”.

Explanation: 7 June 2019 marks the first ever celebration of the United Nations World Food Safety Day. It aims to strengthen efforts to ensure that the food we eat is safe.The celebration of the inaugural edition of World Food Safety Day will be facilitated by World Health Organisation (WHO), in collaboration with the Food and Agriculture Organization (FAO) of the United Nations.The theme of World Food Safety Day 2019 is “Food Safety, everyone’s business”.

Explanation: Former Doordarshan and All India Radio News Editor Laldingliana Sailo passed away in Aizawl. He was 76.He was diagnosed with acute leukaemia in April this year and returned to his home city Aizwal after undergoing treatment at CMC Vellore for some time.

Explanation: American novelist Tayari Jones’s portrait of a young African American’s wrongful incarceration, and its devastating impact on his marriage has beaten two Booker prize winners to take the Women’s prize for fiction for her novel “An American Marriage”.

Explanation: The International Monetary Fund (IMF) has raised economic growth forecasts for the US to 2.6 per cent this year and 2 per cent in 2020, compared to 2.3 per cent and 1.9 per cent in April respectively, despite the trade war with China and threats to Mexico.

Explanation: American brokerage Goldman Sachs pegged the Indian GDP growth to accelerate to 7.2 per cent in 2019-20 on lower oil prices, political stability and removal of infrastructure bottlenecks. Risks to the estimate, which is higher than the RBI’s projection for a 7 per cent growth, are on the “downside” because of the issues in the non-bank lenders.

Explanation: The Reserve Bank raised the retail inflation forecast marginally to 3-3.1 per cent for the first half of the current fiscal, tracking uptick in food prices – mainly vegetables, albeit expectations of a normal monsoon this year.

Explanation: The Reserve Bank of India lowered the economic growth forecast for the current fiscal to 7 per cent due to slowdown in domestic activities and escalation in global trade war.

Explanation: Getting a leg-up from from the demonetisation of Rs 500 and Rs 1,000 notes in November 2016, the share of e-Money in India’s payment systems grew to 21.5 per cent in 2017 from 0.8 per cent in 2012, according to a new report from the Reserve Bank of India.

Explanation: Fincare Small Finance Bank and Kookmin Bank have been included in the second schedule of the Reserve Bank of India Act, according to RBI notifications.

Explanation: SriLankan Airlines, the flag carrier of the island nation, has been named the ‘World’s Most Punctual Airline’ for the second consecutive time with over 90 per cent of its flights in May being “on time”.

Explanation: The Aam Aadmi Party government’s flagship CCTV project, which is started from 8th June in the national capital, has the deadline of April next year, while the city government has set September 2020 to be the deadline for providing free WiFi facility to Delhiites, according to the Outcome Budget.

Explanation: Prime Minister Narendra Modi surprised markets by naming Nirmala Sitharaman, formerly the country’s defence minister, as the next finance minister at a time when Asia’s third-largest economy is stuttering.

Explanation: Veteran journalist and Tamil Nadu Chief of news agency ANI E Gopinath passed away in Chennai. He was 88. One of the longest-serving journalists of Independent India, Gopinath started his career as a scribe around 60 years ago.

Explanation: Prime Minister Narendra Modi was conferred with Nishan Izzuddeen, the Maldives’ highest honour accorded to foreign dignitaries, during his visit to the Island Nation.

Explanation: Ashleigh Barty defeated 19-year-old Marketa Vondrousova 6-1, 6-3 in the final to lift the Women’s French Open title.

Explanation: India’s first Dinosaur Museum cum Park was inaugurated in Gujarat’s Mahisagar district and is set to give visitors the true Jurassic Park feel.

Explanation: India’s hero during the 2011 World Cup, Yuvraj Singh, announced retirement from all forms of cricket after spending 25 years in and around the 22 yards and almost 17 years of international experience.

Explanation: Lewis Hamilton secured a record-breaking seventh win at the 2019 Canadian Grand Prix after Sebastian Vettel was penalised for dangerous driving against his rival.

Explanation: Rafael Nadal maintained his stranglehold on the French Open by beating Austrian fourth seed Dominic Thiem in four sets to lift a 12th men’s singles title of the French Open.

Explanation: Thailand’s new parliament has elected military government chief Prayuth Chan-ocha as the country’s prime minister. He received 500 votes to 244 for Thanathorn Juangroongruangkit of the Future Forward Party.

Explanation: Veteran actor, playwright and director Girish Karnad, 81 passed away. Born in Maharashtra’s Matheran in the year 1938, Karnad rose to fame with a Kannada play named Tughlaq which he had written at the age of 26.

Explanation: Renowned Tamil writer, actor and comedy giant Crazy Mohan breathed his last after he suffered a major heart attack. He was 67.

Explanation: Virendra Kumar, a seventh time BJP MP from Tikamgarh constituency in Madhya Pradesh and a former Union Minister, has been chosen to be the Protem Speaker of the Lok Sabha.

Explanation: Reigning World billiards champion Sourav Kothari lifted the 2019 Pacific International Snooker Championship – The Reventon Classic, in Melbourne.

Explanation: Indian Railway Station Development Corporation (IRSDC) entered into a tripartite agreement with French National Railways (SNCF) and French Development Agency (AFD), under which a grant of up to 7 lakh euros will be provided to boost capacity building for railway station development program in India.

Explanation: India handed over NPR 1.6 billion as reimbursement of part payment of the first and second tranches of housing reconstruction in Nuwakot and Gorkha, among the areas affected in the devastating 2015 earthquake.

Explanation: Megastar Amitabh Bachchan’s longtime secretary and film producer Sheetal Jain passed away. He was 77. Jain had been working with the Bachchan family closely for over 36 years. He had also produced Bachchan and Govinda 1998 starrer Bade Miyan Chote Miyan.

Explanation: The Appointments Committee of the Cabinet approved the appointment of Dr Nripendra Mishra, IAS (Retired) as the Principal Secretary to Prime Minister Narendra Modi with effect from May 31.

Explanation: Union Social Justice and Empowerment Minister Thawar Chand Gehlot has been appointed the Leader of the House in the Rajya Sabha. Gehlot represents Shajapur reserved Lok Sabha constituency in Madhya Pradesh.

Explanation: Social networking giant Facebook announced its first interactive game show, titled “Confetti” in India. Starting June 12, the interactive show will air from Wednesday to Sunday on Facebook’s dedicated video platform – Facebook Watch.

Explanation: India has partnered with Portugal to set up a national maritime heritage museum at Lothal in Gujarat. The Indian Navy will be the stakeholder in the project and the Portuguese Navy will assist as they have experience in it by administering the maritime museum in Lisbon, Portugal. India is to follow a similar model of the maritime museum.

Explanation: Chaukhandi Stupa, an ancient Buddhist site located in Sarnath, Uttar Pradesh, has been declared as a Monument and protected area of national importance by Archaeological Survey of India (ASI).

Explanation: The annual ‘Mela Kheer Bhawani’, the most important festival of Kashmiri pandits, associated with Hindu Goddess Ragnya Devi was Monday celebrated with religious fervor and gaiety at Tulmulla area of central Kashmir’s Ganderbal district and Kupwara with thousands of Pandith devotees participated in the function.

Explanation: The World Day Against Child Labour is an International Labour Organization (ILO)-sanctioned holiday first launched in 2002 aiming to raise awareness and activism to prevent child labour. In 2019, the International Labour Organization is celebrating 100 years of advancing social justice and promoting decent work. Yet today, 152 million children are still in child labour.The theme for World Day Against Child Labour 2019 is ‘Children shouldn’t work in fields, but on dreams!’

Explanation: The Union Cabinet chaired by Prime Minister Narendra Modi approved the New Delhi International Arbitration Centre Bill which will be introduced during the upcoming session of parliament.

Explanation: The Executive Council of Jawaharlal Nehru University (JNU) in its meeting decided to honour Finance Minister Nirmala Sitharaman and External Affairs Minister Dr S Jaishankar with the ‘Distinguished Alumni Award’ on the third convocation of the university, which will be held in August.

Explanation: ECL Finance, the flagship non-banking financial company of Edelweiss Group, and Bank of Baroda, India’s second largest public sector bank, signed an agreement to form a strategic partnership to explore co-lending opportunities.

Explanation: Japan has decided to invest about Rs 13,000 crore in several ongoing as well as new projects in different states of the north-eastern region.

Explanation: Renowned author Amitav Ghosh was awarded the 54th Jnanpith Award for his contribution to the enrichment of Indian Literature in English. He was conferred the award by former governor of West Bengal Gopalkrishna Gandhi.

Explanation: Priyanka Chopra, a global UNICEF Goodwill Ambassador for Child Rights is going to be honoured with Danny Kaye Humanitarian Award by UNICEF at the UNICEF SNOWFLAKE BALL.

Explanation: Poet and lyricist Pazhavila Ramesan passed away. He was 83 years old. He was a recipient of Kerala Sahithya Akademi Award and had also penned songs for films like Asamsakalode, Malooty, Uncle Bun, Vasudha and others.

Explanation: Former BJP Rajya Sabha MP and senior journalist Rajnath Singh ‘Surya’ passed away. He was suffering from age-related issues. He was 82.

Explanation: The Bharatiya Janata Party (BJP) constituted the parliamentary party executive committee appointing Prime Minister Narendra Modi as the leader and Defence Minister Rajnath Singh as the deputy leader in the Lok Sabha.

Explanation: Cancer-hit Malaysian badminton star Lee Chong Wei announced his retirement. He spent a total of 348 weeks as world number one but lost six world and Olympic finals in his 19 years career.

Explanation: Foreign Direct Investment (FDI) in India grew by 6 per cent to $42 billion last year, according to the UN Conference on Trade and Development (UNCTAD).

Explanation: Global foreign direct investment (FDI) flows declined by 13 per cent in 2018 to $1.3 trillion from $1.5 trillion in 2017, the UNCTAD’s World Investment Report 2019 said.

Explanation: The National Geographic Society has announced the successful installation of the world’s highest operating weather stations on Mount Everest to provide researchers, climbers, and the public with near real-time information about mountain conditions.

Explanation: India is to launch Aditya-L1, its first mission to study the sun, in 2020, Indian Space Research Organisation Chairman K. Sivan informed.

Explanation: Bihar Chief Minister Nitish Kumar launched the Mukhyamantri Vriddha Pension Yojna for poor people above 60 years of age in the state.

Explanation: The United Nations (UN) has designated June 15 as World Elder Abuse Awareness Day (WEAAD). The day aims to focus global attention on the problem of physical, emotional, and financial abuse of elders. The theme of World Elder Abuse Awareness Day is “Lifting Up Voices”.

Explanation: Every year on 14 June, countries around the world celebrate World Blood Donor Day (WBDD). The event, established in 2004, serves to raise awareness of the need for safe blood and blood products, and to thank blood donors for their voluntary, life-saving gifts of blood.The theme for Blood Donation Day in 2019 is ‘Safe Blood For All’.

Explanation: International Albinism Awareness Day is observed annually on 13th June. Still Standing Strong” is the theme for this year’s International Albinism Awareness Day.

Explanation: Kassym-Jomart Tokayev was sworn in as the President of Kazakhstan, following resignation of Nursultan Nazarbayev, 78, after almost 30-year rule.

Explanation: The IAAF (International Association of Athletics Federations) Council approved the global governing body’s new name and logo at the 217th IAAF Council Meeting in Monaco.

Explanation: Blackstone (Asset management company) announced that private equity funds managed by it have acquired a 97.7 per cent stake in Aadhar Housing Finance Limited (Aadhar), including the entire stake held by the existing controlling shareholders, Wadhawan Global Capital Limited (WGC) and Dewan Housing Finance Limited.

Explanation: The 16th Asia Media Summit was held in the Siem Reap Province, Cambodia, attracting approximately 600 media representatives from 42 countries and regions.

Explanation: Prime Minister Narendra Modi announced a 200 million dollar line of credit to Kyrgyzstan after wide-ranging talks with Kyrgyzstan President Sooronbay Jeenbekov in Bishkek. He said that this will ensure India’s increasing participation in business, development and economy of Kyrgyzstan.

Explanation: India’s rank has slipped five places to 141 among 163 countries on the Global Peace Index 2019, while Iceland remains the most peaceful country and Afghanistan the least peaceful nation, says a report.

Explanation: In a major move towards enhancing the growth of eco-tourism, the Institute of Bio-Resources and Sustainable Development (IBSD) opened state-of-the-art orchidarium in Upper Shillong.