Weekly CA Quiz: March 2019 2nd week with PDF

Explanation: international Women’s Day is observed on March 8 every year. It is a focal point in the movement for women’s rights. International Women’s Day is a worldwide event that celebrates women’s achievements from the political to the social while calling for gender equality.The theme is “Think Equal, Build Smart, Innovate for Change: Balance for Better”.

Explanation: the Indira Gandhi International Airport in New Delhi has been adjudged as the best airport in the category of over 40 million passengers per annum in Asia Pacific by Airports Council International in the Airport Service Quality Programme for 2018.

Explanation: Professional Wrestler King Kong Bundy, who rose to fame in the 1980s when he battled Hulk Hogan in a steel cage match, has passed away at the age of 61.

Explanation: Indian America television personality and food expert Padma Lakshmi has been appointed by the United Nations Development Programme(UNDP) as its newest Goodwill Ambassador. supporting the agency’s fight against inequality and discrimination around the world.

Explanation: Soumya Swaminathan, a Deputy Director-General of the World Health Organization has been named Chief Scientist of the WHO.

Explanation: The OECD forecast its interim outlook report that the world economy would grow 3.3 percent in 2019 and 3.4 percent in 2020.

Explanation: AU Small Finance Bank Ltd.. , a Fortune India 500 company and one of India’s fastest growing banks, announced its partnership with a new age insurtech company, Acko General Insurance Limited..

Explanation: The labour Ministry said that the income tax exemption limit has been doubled to Rs 20 lakh .from the existing Rs 10 lakh, a move that will benefit employees who are not covered by the Payment of Gratuity Act,1972.

Explanation: Malaysia has become a member of the Inernational Criminal Court.The ICC is the world’s only permanent war crimes court and aims to prosecute the worst abuses when national courts are unable or unwilling.

Explanation: Kummanama Rajasekhran ,the governor of Mizoram resigned from his office, and President Ram Nath Kovind has accepted the resignation.

Explanation: In Madhya Pradesh,ancient tribal language Gondi will be taught in tribal districts. Madhya Pradesh Chief Minister Kamal Nath has decided to include Gondi in the primary education curriculum of the state’s tribal-dominated districts.

Explanation: Odisha Chief Minister Naveen Patnaik launched the “Mukhya Mantri Karigar Sahayata” scheme in Bhubaneshwar.

Explanation: To ease the use of public transport in the nation capital, the Delhi government launched a common mobility app “One Delhi” to allow users plan more efficiently their journey with Delhi Metro and all city buses.

Explanation: The country’s 500th Passport Kendra has been made operational at Pratapgarh in Rajasthan.

Explanation: The unemployment rate in India rose to 7.2% in Feb 2019, the highest since September 2016, and up from 5.9% in February 2018, according to data compiled by the Centre for Monitoring Indian Economy(CMIE).

Explanation: All trains coming to Delhi will be on electric traction by December 2019 said the railway minister Piyush Goyal. The move will cost the government Rs 12,134 crore. Further, in the next 2.5 years, all mail express trains and Rajdhani trains will have bio-toilets with air vacuum cleaning system similar to that in airplanes.

Explanation: Housing and Urban Affairs Minister Hardeep Singh Puri launched e-Dharti App where all the three modules- Conversion, Substitution and Mutation related to properties have been made online. The payment system in Land and Development Office, L&DO has also been completely digitized.

Explanation: In a first,the government announced new Rs 20 coin which will be shaped like a 12 edged polygon (dodecagon). The outside diameter of new Rs 20 coin will be 27mm (millimeters) and it will weigh 8.54 grams

Explanation: The CCEA has given its approval for extension of time and scope for revival and development of unserved and underserved air strips of state governments, Airports Authority of India, civil enclaves, central public sector undertakings, helipads and water aerodromes at the total cost of Rs 4500 crore with the budgetary support of government of India.

Explanation: Former Puducherry LG Virendra Kataria passed away in New Delhi at the age of 87. A former Rajya Sabha MP, Kataria served as the lieutenant governor of Puducherry from July 2013 to July 2014.

Explanation: The Biju Patnaik International Airport in Bhubaneshwar has won the 2018 Airport service Quality awards as the leading airport in size and region.

Explanation: Vice President Venkaiah Naidu was conferred with an Honorary Doctorate by the University for Peace founded by the UNO for his contribution “to the Rule of Law, democracy and sustainable development in India”.

Explanation: The Appointments Committee of Cabinet has approved designating Subash Chandra Garg, IAS Secretary, Department of economics Affairs, Ministry of Finance Finance Secretary Garg would replace Ajay Narayan Jha, who got superannuated recently.

Explanation: India got their 61st grandmaster when 16-year-old P.Iniyan, hailing from Erode, won at the ongoing Noisel Open in France. Iniyan defeated GM Sergey Fedorchuk of Ukraine in the sixth round to become the 61st Grandmaster for India as he crossed the 2500-point in ELO ratings.

Explanation: The Marayoor Jaggery, the traditional and handmade product from Idukki district of Kerala received the GI tag from the Central Government. It is dark brown in colour, high in sweetness and iron, with less sodium content and insoluble impurities.

Explanation: Ahead of the Lok Sabha polls, West Bengal CM Mamta Banerjee announced a grant of 1 lakh to graduates of the state’s 214 polytechnics and Industrial Training Institutes (ITI), to set up small businesses. The CM introduced the scheme, Yuvashree Arpan, in Howrah district.

Explanation: Uttarakhand Chief Minister Trivendra Singh Rawat launched the Mukhyamantri Anchal Amrit Yojana in Dehradun.

Explanation: The Asian development Bank will provide a USD 26 million loan as additional financing for improving drainage infrastructure in Dibrugarh town of assam under the ongoing Assam Urban Infrastructure Investment Program.

Explanation: The World Bank, the Indian government and representatives of 5 states of Government of India and Implementing Agencies signed in New Delhi the Loan Agreement for Additional Financing of $137 million for the Dam Rehabilitation and Improvement Project.

Explanation: National space agency ISRO and its French counterpart The National Centre for Space Studies(CNES) and its French counterpart sealed an agreement to set up a joint maritime surveillance system in the country in May.

Explanation: Priyanka Dubey, a bilingual correspondent with the BBC at its Delhi bureau, has been named for the Chameli Devi Jain Award for an Outstanding Women Journalist for the year 2018.. Dubey was chosen for her multi-faceted, investigative and interrogative reportage.

Explanation: Ahead of the Lok Sabha elections,the Maharashtra government launched a special scheme for construction workers in the state. The scheme, “Atal Aahar Yojna” will provide good quality and hygienic food to construction workers at a highly subsidised rate.

Explanation: The government set up a five member committee headed by Legal Affairs Secretary Alok Srivastava to examine issues related to framing of a structured scheme for providing insurance cover to advocates. The committee would also suggest modalities for the implementation of such a scheme and would submit its report within three months.

Explanation: Business organizations using Aadhar services will now have to pay Rs 20 for each customer and 50 paise for authentication of each transaction carried out by the entities, the UIDAI said.

Explanation: Mohammed Shtayyeh has been named as Palestinian PM by President of Palestinian Authority Mahmoud Abbas.

Explanation: Citigroup has named Ashu Khullar as the new India head after its current chief executive officer Pramit Jhaveri steps down. Khullar is currently the head of capital markets origination for the Asia-pacific region. Having joined Citi in 1988, he has worked across both developed and emerging markets in Europe, Middle East Africa and India.

Explanation: The Supreme Court has referred the Ram Janmabhoomi-Babri Masjid land dispute case for mediation and has appointed former apex court judge Justice (retd) FMI Kalifulla as chairperson of the panel of mediators.

Explanation: The Japanese Government announced a donation of some Rs 22 lakh to the Rabindra Bharati Museum in Kolkata in a bid to strengthen historical and cultural ties with India.

Explanation: Veteran Hindi Newsreader Vinod Kashyap has passed away following a prolonged illness.

Explanation: Retired IAS officer C Lalsawta was sworn-in as the first chairman of the newly-constituted Lokayukta in Mizoram. He was sworn-in at the Raj Bhawan in Aizawl.

Explanation: RBI, which added 6.5 tonnes of gold to its reserves in January, taking its total holding forming part of its foreign exchange reserves to 607 tonne,, is set to become the 10th largest holder of the metal worldwide, displacing the Netherlands.

Explanation: Saudi Arabia has now become the largest importer of arms in the world, having pushed India to the second spot,according to the Stockholm International Peace Research Institute(SIPRI).

Explanation: Arecanut (also known as supari or betel nut) is the latest entrant in the list of agricultural produce with a GI (Geographical tag).

Explanation: Gymnast Dipa Karmakar, was honored by “Barbie” in celebration of their 60th anniversary and was presented a doll modelled after her.

Explanation: Exercise Al Nagah III , third in the series of bilateral joint exercise between India and Oman began in Jabel Al Akhdar Mountains in Oman.The exercise will see both the armies exchanging expertise and experience in tactics, weapon handling and firing, with an aim to enhance interoperability in counterterrorist operations in semi urban mountainous terrain.

Explanation: The 34th edition of Aahar-the International Food and Hospitality Fair commenced in NewDelhi.

Explanation: The 4th IOT India Congress, an event which will see digital technology leaders converge to discuss and explore business opportunities in mainstreaming Internet of Things (IOT), will be held in Bengaluru in August 2019.

Explanation: After an eight-year-long process, Erode turmeric of Tamil Nadu finally got a GI tag from the Geographical Indication Registry.

Explanation: The Delhi government Dialogue and Development Committee a think-tank that advises the government on key issues, has set up a 17-member high-level committee to “reform higher education” in the capital. The committee, chaired by DDC vice-chairperson Jasmine Shah will “recommend goals, metrics, policies, and actionable plans for reforming Delhi’s higher education system within a year”.

Explanation: Website hosting company GoDaddy announced its partnership with international Cricket Council(ICC) as official sponsor for the upcoming men’s cricket World Cup. The 2019 World Cup will be held in the UK from May 30 to July 14.

Explanation: India has extended a grant assistance of up to USD 250 million to Nepal for the reconstruction of infrastructures in the areas of housing, education, health and cultural heritage that was destroyed during the devastating April 2015 earthquake which saw the death of over 9,000 people.

Explanation: Bank of Baroda has become one of the first public sector banks to launch a crèche/child care facility for children of its employees.

Explanation: Veterinary Professor & former Vice Chancellor of GB University of Agriculture & Technology Pantnagar, Shri Aditya Kumar Mishra has been appointed as the new chairman of the Agricultural Scientific Recruitment Board.

Explanation: The Congress government in Madhya Pradesh has appointed self-styled godman Namdev Tyagi,also known as Computer Baba,as chairman of a river trust in the state.

Explanation: Former Reserve Bank of India (RBI) Governor Raghuram Rajan has been chosen for the “Yashwantrao Chavan National Award 2018” for his contribution towards economic development.

Explanation: World Consumer Rights Day is celebrated every year on March 15. It is a day marked to raise global awareness about consumer rights and needs.The theme is”Trusted Smart Products”.

Explanation: Renowned Kathak dancer Seema Mehta has conferred the “Nari Shakti Puraskar” award for her contribution towards women empowerment over the last 15 years.

Explanation: Padmanabhan Gopalan,founder of No Food Waste, was named the winner of the award worth 3,000 pounds at a ceremony at the Commonwealth Secretariat in London for his work towards achieving the UN’s Sustainable Development Goal for Zero Hunger with his innovative system of recovering excess food to distribute to those in need.

Explanation: Niti Aayog CEO Amitabh Kant will head the National Mission on Transformative Mobility and Battery Storage , which is being set up to promote clean and sustainable mobility initiatives in the country.

Explanation: IDBI Bank has been categorized as a private sector lender following acquisition of majority stake by LIC.

Explanation: RBI named SBI, HDFC and ICICI Bank as Domestic Systemically Important Banks, which in other words mean banks that are too big to fail.

Explanation: The African Development Bank would provide 2.5 trillion shillings ($25 billion) over the next 5 years to help in the global fight against climate change.. The bank currently provides 34 per cent of its overall lending portfolio to projects aiming to boost the fight against climate change.

Explanation: The Supreme Court appointed senior advocate PS Narasimha, who is assisting the apex court as an amicus curiae in the BCCI matter, as mediator for resolving various disputes related to cricket administration in the country.

Explanation: The IIT Roorkee in Uttrakhand said it tied up with the ISRO to set up a Space Technology Cell at its campus.

Explanation: RBI offered a $5 billion swap facility to banks to aid liquidity before the end of the financial year. The auction will happen on March 26 and the buy/sell swap will run up to March 28, 2022, or for a three-year duration.