Weekly CA Quiz: June 2019 3rd week with PDF

Explanation: Suman Rao from Rajasthan has won the Femina Miss India World 2019 beauty pageant during a star-studded ceremony at Sardar Vallabhbhai Patel Indoor Stadium.

Explanation: Anti-corruption campaigner Zuzana Caputova has been sworn in as Slovakia’s first female President.

Explanation: Export Import Bank of India (Exim Bank) will provide line of credit worth USD 245 million to Ghana and Mozambique for agricultural and railway projects.

Explanation: The Asian Development Bank (ADB) has approved projects for infrastructure development worth Rs 1,650 crore ($235 million) in seven of the eight district headquarter towns in Tripura.

Explanation: The government in Madhya Pradesh is coming up with 300 “smart gaushalas” in the state and has signed a contract with a foreign company for the construction and development of these cow shelters.

Explanation: Social activist Makarand Tilloo received the ‘Save Water Hero Award’ for his efforts to raise awareness about water conservation in the city. A Laughter Yoga trainer and motivational speaker by profession, Makarand Tilloo started a campaign to save water by replacing leaking taps with new ones.

Explanation: Joshna Chinappa won a record 17th national squash title after outplaying Tamil Nadu’s Sunayna Kuruvilla in the final. The top seeded Chinappa won the match 11-5, 11-4, 7-11, 11-5 and thus broke a 27-year-old record set by Bhuvneshwari Kumari, who had won 16 titles.

Explanation: Multiple times world champion Peter Gilchrist defeated India’s Sourav Kothari in final to win the 2019 Pacific International Billiards Championship played at the Yarraville Club in Melbourne, Australia.

Explanation: Akshaya Patra, a non-profit organisation running one of the world’s largest school meals project in India, has been awarded the BBC World Service Global Champion Award for the programme.

Explanation: Over 6,800 cases of bank fraud involving an unprecedented Rs 71,500 crore have been reported in 2018-19, the Reserve Bank of India has said.

Explanation: In one of the most ambitious projects ever undertaken by India, the country is planning to launch its own space station, Indian space agency ISRO chief K Sivan said. India is targeting 2030 as the date to launch a 20 tonne space station, which will most likely be used to conduct microgravity experiments.

Explanation: The Intersessional meeting of Kimberley Process (KP) is being hosted by India from 17th to 21st June, 2019 in Mumbai.

Explanation: The Centre has approved setting up of e-Foreigner Tribunal (e-FT) in Assam. The CEO of e-FT Mission Anand Prakash Tiwari said that the proposed integrated e-FT IT system will be implemented across the state for effective monitoring and resolution of cases registered with Foreigner Tribunal.

Explanation: After Guwahati and Imphal, the Agartala airport is set to become the third international airport in the northeastern region by the end of this year or by early 2020.

Explanation: The Union Minister for Food Processing Industries, Harsimrat Kaur Badal, said that the World Food India (WFI) 2019 will be held from November 1-4.

Explanation: Facebook, the social networking giant on Tuesday announced a digital wallet subsidiary called ‘Calibra’ that would launch Blockchain-powered cryptocurrency ‘Libra’ next year to help nearly one billion people globally who don’t have a bank account but do have a mobile phone.

Explanation: India is projected to overtake China as the world’s most populous country around 2027, according to a UN report.

Explanation: Fitch Ratings saw India’s growth for FY 2019-20 at 6.6 per cent and 7.1 per cent in 2021-22.

Explanation: Online mutual fund investment platform FundzBazar announced the release of its new feature called ‘Selfiewala KYC’ for first-time mutual fund investors.

Explanation: To review codes, Microsoft-owned GitHub has acquired a US-based start-up called Pull Panda that makes collaboration tools for software teams at an undisclosed amount.

Explanation: Om Birla, a two-time Bharatiya Janata Party (BJP) member of Parliament (MP) from Rajasthan, is set to be unanimously elected as the 17th Lok Sabha Speaker.

Explanation: Nihal Sarin, a 14-year-old Indian Chess Grandmaster has secured a win at the 2019 Asian Continental Chess Championship in Xingtai, China in the blitz event.

Explanation: Afghanistan leg spinner Rashid Khan recorded the worst bowling figures in a ICC World Cup Match after conceding 110 runs in 9 overs against England.

Explanation: The armies of India and Myanmar carried out a three-week-long coordinated operation from May 16 in their respective border areas named ‘Operation Sunrise 2’. They targeted the militant groups operating in Manipur, Nagaland, and Assam to bust terror camps.

Explanation: Ministry of Health and Family Welfare, Government of India, has formally approved 120 crore rupee Cancer Institute at Government Medical College, Jammu for strengthening the tertiary level cancer services in the State.

Explanation: The Deputy Prime Minister of Russia Yury Trutnev addressed a gathering of businesspersons and industrialist in Mumbai and invited Indian Investments in the Russian Far East.

Explanation: World Refugee Day is celebrated around the world on 20th June to raise awareness about the precarious condition of refugees around the world who have been forced to leave their homes due to war, persecution and conflict.The theme for 2019 World Refugee Day is : “Step With Refugees — Take A Step on World Refugee Day.”

Explanation: DBS Bank has revised India’s GDP growth for fiscal year 2020 downwards to 6.8 per cent year-on-year (YoY) from 7 per cent projected earlier, citing headwinds for exports amidst challenging trade outlook.

Explanation: Private sector lender IndusInd Bank and Bharat Financial Inclusion Ltd (BFIL) said their merger will be effective from July 4.

Explanation: IDBI Bank has entered a bancassurance corporate agency agreement with Tata AIG. This is to provide the general insurer’s products to the bank’s two crore customers through its 1,850-plus branches.

Explanation: According to a report released by BloombergNEF, nearly half the world’s electricity will come from renewable energy by 2050 as costs of wind, solar and battery storage continue to plummet.

Explanation: Bangladesh has emerged as the fastest growing economy among the 45 countries of the Asia-Pacific region according to Asian Development Bank (ADB).

Explanation: India has extended USD 15 million assistance to Niger for organising the African Union (AU) summit scheduled to be held in Niamey early next month.

Explanation: Indian Institutes of Technology (IIT), Bombay, IIT Delhi and Indian Institute of Science (IISc), Bangalore have found a place among the top 200 in the prestigious Quacquarelli Symonds (QS) World University Rankings released recently.
Harvard University

Explanation: The Himachal Pradesh government makes mandatory for trekkers to carry a GPS device so that they can be provided all possible help in case of any emergency.

Explanation: The National Payments Corporation of India (NPCI) has entered into an agreement with the Government of Telangana to offer MeeSeva portal users the option to pay using UPI Collect Request, RuPay Debit and Credit Cards for the services on the portal.

Explanation: International Day of Yoga, or commonly and unofficially referred to as Yoga Day, is celebrated annually on 21 June since its inception in 2015. An international day for yoga was declared unanimously by the United Nations General Assembly (UNGA). Yoga is a physical, mental and spiritual practice originated in India.In India, the main event was held in Ranchi and the Prime Minister of India, Mr.Narendra Modi led a crowd of over 40,000 people, who attended this event there.The theme of this year’s event was “Yoga for Heart”.

Explanation: World Archery appointed Abhinav Bindra as an independent person to sort out the ongoing mess in the Archery Association of India (AAI).

Explanation: Jharkhand defeated Arunachal Pradesh by 4-0 to clinch the Sub-Junior Girls’ National Football Championship (NFC) at the Barabati Stadium in Cuttack.

Explanation: According to the President of India, construction or upgradation of about 35,000 kilometres of national highways are to be undertaken by 2022 under the ‘Bharatmala Project’.

Explanation: Sri Lanka’s first satellite ‘Ravana-1’, designed and developed by two local engineers, was successfully launched into orbit this week from the International Space Station (ISS) along with two other BIRDS 3 satellites from Japan and Nepal.

Explanation: Indiabulls Housing Finance said that the Competition Commission of India (CCI) has approved its proposed merger with Lakshmi Vilas Bank.

Explanation: Based on the feedback that the existing margin requirements in the derivatives segment is pushing up cost of trading while not managing risk in the most efficient manner, the Securities and Exchange Board of India (SEBI) has decided to review the current framework of margins in the futures and options segment.

Explanation: Along with the Kaleswaram Lift Irrigation project, Telangana Chief Minister K Chandrashekhar Rao also inaugurated the world’s biggest pumphouse at the Medigadda.

Explanation: Assam Chief Minister Sarbananda Sonowal inaugurated the Ambubachi Mela in Guwahati.

Explanation: Indian Navy launched Operation Sankalp in the Persian Gulf and the Gulf of Oman to reassure Indian flagged vessels safe transit through the area.

Explanation: Namma Kolhapuri chappal has earned Geographical indication tag from Intellectual Property India. The approval for GI tag was jointly received by Karnataka and Maharashtra.

Explanation: India has opened its first specialised hydrotherapy treatment for elephants suffering from arthritis, joint pain and foot ailments in Mathura, Uttar Pradesh.

Explanation: National Aeronautics and Space Administration’s robot named Bumble became the first Astrobee robot to fly under its own power in space.

Explanation: India’s ace cueist Pankaj Advani added another feather in his career cap by winning the Asian Snooker Championship. Advani also completes the career grand slam with the victory.