Weekly CA Quiz: June 2021 2nd week

Gujarat Maritime Board (GMB) will be setting up India’s first international maritime services cluster at GIFT City in Gujarat.

NITI Aayog, government’s policy think tank and Piramal Foundation launched Surakshit Hum Surakshit Tum Abhiyaanin in 112 Aspirational Districts to assist district administrations in providing home-care support to Covid-19 patients who are asymptomatic or have mild symptoms.

 Himachal Pradesh has climbed to the third spot in the Anemia Mukt Bharat Index 2020-21 national ranking with a score of 57.1. Madhya Pradesh is at the first position with a score of 64.1 followed by Odisha with a score of 59.3.

 India has been elected to the Economic and Social Council, one of the six main organs of the United Nations, for the 2022-24 term.India was elected in the Asia-Pacific States category along with Afghanistan, Kazakhstan, and Oman.

The Group of seven (G-7) advanced economies secured a landmark deal on taxing multinational companies as per which the minimum global tax rate would be at least 15 per cent.

The Union government picked 1984-batch IAS officer Anup Chandra Pandey, the former chief secretary of Uttar Pradesh, as an election commissioner, taking the Election Commission of India to its full strength.

China’s nuclear fusion reactor that’s also known as the ‘artificial sun’ has now set a new world record after it successfully ran at the temperature of 216 million degrees Fahrenheit or 120 million degrees Celsius for 100 seconds

India is taking all steps to ensure that the country becomes free of single-use plastic by 2022 as envisioned by Prime Minister Narendra Modi, Union Environment Minister Prakash Javadekar said while launching ‘Plastic Hackathon 2021’ campaign.

Jal Shakti Ministry said that Rs 40,700 crore have been allocated under Swachh Bharat Mission (Grameen) phase -2 towards solid and liquid waste management to support over two lakh villages in the current financial year.

 Damascus remains the world’s least liveable city and most of the previous ten least liveable cities remain in the bottom ten this year, including Dhaka and Karachi in the Asia-Pacific region, as per the the 2021 edition of The Economist Intelligence Unit’s (The EIU) Global Liveability Ranking.

El Salvador has become the first country to make bitcoin legal tender, a move PresidentNayib Bukele hailed as a historic step towards financial inclusion and economic growth for the poor Central American nation.

Bandhan Bank has received RBI nod to re-appoint Chandra Shekhar Ghosh as its MD and CEO for three years, lower than the five-year tenure approved by the company’s board in November last year.

 An Indian-American student has won a prestigious award for developing an eco-friendly foam alternative, which was motivated by the impact of the 1984 Bhopal gas tragedy.

The second United Nations Global Sustainable Transport Conference will be held from 14-16 October 2021 in Beijing, China.

Indian Bank, the seventh largest public sector bank, has partnered wealth-tech company Fisdom to offer a comprehensive suite of wealth management products and services to the bank’s 10 crore customers.

PayNearby in collaboration with IndiaFirst Life Insurance Company Limited (IndiaFirst Life) has launched a insurance solution ‘Poorna Suraksha’ for its retail community.

The Reserve Bank said the government has extended the tenure of Deputy Governor Mahesh Kumar Jain for two years with effect from June 22, 2021, or until further orders, whichever is earlier, upon completion of his existing term on June 21, 2021.

 Zimbabwean novelist, playwright, filmmaker and activist Tsitsi Dangarembga has been awarded the PEN Pinter Prize 2021 for her “cultural significance” charting “the development of Zimbabwe from a British colony to an autocratic and troubled-free state”.

A week-long Indian mango promotion programme began in Bahrain where 16 varieties of the fruit including three Geographical Indications (GI) certified Khirsapati&Lakshmanbhog (West Bengal), Zardalu (Bihar) are being displayed.

Customers will have to pay ₹21 per transaction, instead of ₹20 if they exceed their monthly limit of free transactions. This increase will be effective from January 1, 2022.

Merchant payments and financial services provider BharatPe has acquired multi-brand loyalty platform, PAYBACK India, to help its 6 million offline merchants roll out rewards and loyalty programmes for customers.

Nobel laureate Amartya Sen has penned his memoir ‘Home in the World’.

International Level Crossing Awareness Day was observed by “South-Central Railway (SCR)” on June 10, 2021.

The 47th G7 Summit was held in Carbis Bay, Cornwall on 11-13 June 2021. Prime Minister Boris Johnson will use the UK’s G7 Presidency to unite leading democracies to help the world fight, and then build back better from coronavirus and create a greener, more prosperous future.

Barbora Krejcikova won her maiden Grand Slam singles title at the French Open, beating Russia’s Anastasia Pavlyuchenkova to become the first Czech woman in 40 years to conquer Roland Garros.

The Athletics Federation of India (AFI), announced that the Indian Grand Prix 4 will be held on June 21 at the National Institute of Sports in Patiala.

 The UN general assembly approved the nomination of Costa Rican economist Rebecaca Grynspan to head the UN agency promoting trade and development, the first woman and Central American to lead the Geneva-based organization.

Mukesh Sharma, a faculty at IIT Kanpur, has been appointed as an honorary member of World Health Organisation’s (WHO) Global Air Pollution and Health – Technical Advisory Group (GAPH-TAG).

 India has moved down 12 places in the global home price index in Q1 of 2021 to 55th position from 43rd rank during the same quarter last year, shows the latest report by global property consultancy Knight Frank. Turkey remains at the top with a 32 per cent rise in prices during January-March 2021 compared to the first quarter of the 2020 calendar year.

The Reserve Bank extended the risk-based internal audit (RBIA) system to select housing finance companies to enhance the quality and effectiveness of their internal audit system.

 HDFC Asset Management Company has launched the New Fund Offer of HDFC Banking and Financial Services Fund, which aims to invest in the banking and financial services sector across segments and market capitalisation.The NFO, which opened on June 11, will close on June 25.

The National Company Law Tribunal (NCLT) has approved the overall resolution plan of Piramal Group for Dewan Housing Finance Ltd (DHFL). The NCLT pronounced the order on the resolution plan submitted by Piramal Capital & Housing for the stressed DHFL.

The Internet and Mobile Association of India (IAMAI) has appointed former Supreme Court Justice (Retd.) Arjan Kumar Sikri to chair the grievance redressal board (GRB), formed as a part of the digital publisher content grievances council (DPCGC).

Henri Marie Dondra has been named prime minister of the Central African Republic (CAR), the country’s presidency said.

Biotechnology company Mylab Discovery Solutions has appointed actor Akshay Kumar as its brand ambassador.

Naftali Bennett was sworn in as Israel’s new Prime Minister, ousting Prime Minister Benjamin Netanyahu from power after an uninterrupted 12 years at the helm of affairs.

Local Reporting:Kathleen McGrory and Neil Bedi of the Tampa Bay Times.

 Alphabet’s Google said it was building an undersea cable that would connect the United States, Brazil, Uruguay, and Argentina, to bolster Internet connection capacity between these regions.

the European Space Agency (ESA), is now developing its own probe to study Venus, for holistic view of planet from its inner core to upper atmosphere.

 The SPAG9 antigen developed by the National Institute of Immunology (NII) has received the ASPAGNIITM trademark, the Department of Biotechnology (DBT) said.

Raja Parba festival celebrated in Odisha. It is a 3-days unique festival in which the onset of monsoon and the earth’s womanhood is celebrated by the state.

Malaria No More, a non-governmental organisation, in collaboration with the India Meteorological Department (IMD) and the Indian Council of Medical Research (ICMR) is creating an India Interagency Expert Committee on Malaria and Climate (IEC) to explore and advance climate-based solutions for accelerating malaria elimination in India.

31st formal meeting of heads of government of NATO (North Atlantic Treaty Organisation) and also being dubbed as Brussels summit of NATO was held in Brussels, Belgium.

 World Giving Index 2021 report says, India is 14th most charitable country. The COVID-19 pandemic has shown ‘giving’ trends across the world. Released by the Charities Aid Foundation’s (CAF), this year’s survey highlights the impact of lockdowns on charitable giving.

Exceeding all expectations, D. Gukesh sensationally won the $15,000 Gelfand Challenge chess title and with it, a ‘wild card’ for the elite Meltwaters Champions Chess Tour.

COAI said Ajai Puri, Chief Operating Officer of Bharti Airtel, has been re-elected as Chairmanof the industry association for 2021-22.

 The Assam government will present its own versions of the Bharat Ratna and the Padma awards from next year.

Former Indian batsman, Suresh Raina has released his autobiography ‘Believe – What Life and Cricket Taught Me’. The book is co-authored by Bharat Sundaresan.

United Nations-proclaimed World Elder Abuse Awareness Day is marked on June 15 every year, with the aim to raise awareness against one of the cruellest manifestations of ageism in our society – elder abuse.

A professor at the Indian Institute of Technology Roorkee (IIT-R) has been conferred with the ‘NSG Counter-IED and Counter-Terrorism Innovator Award 2021′ for developing a “blast-resistant” helmet.