Weekly CA Quiz: November 2018 4th week with PDF

Explanation: Odisha Finance and Excise minister Sashi Bhusan Behera, in the presence of three of his cabinet colleagues, inaugurated the Baliyatra Festival in Cuttack.

Explanation: Jammu and Kashmir Governor Satya Pal Malik inaugurated a week long “Jhiri Mela” at village Jhiri in Jammu District.

Explanation: The European Investment Bank and SBI have formally agreed to finance the renewable energy sector by providing new support for wind energy projects across India.

Explanation: Legendary boxer Mary Kom scripted history, becoming India’s only six time world boxing champion after defeating Hanna Okhota of Ukraine.

Explanation: The former Chelsea and Ivory Coast forward Didier Drogba has confirmed his retirement as a player.

Explanation: Former Indian hockey player Sandeep Michael, who captained the Indian junior team to an Asia Cup gold in 2003, passed away after battling an unspecified neurological problem.

Explanation: Lupin announced the launch of a chatbot named “ANYA” specially designed to provide medically verified information for health-related queries.

Explanation: India has achieved a new spot on the Guinness World record as 2,353 people, led by Bollywood actress and fitness enthusiast Shilpa Shetty Kundra in Pune held the abdominal plank position for 60 seconds simultaneously.

Explanation: India’s economic growth will slow down somewhat but remain robust, at close to 7.50 percent in 2019 and 2020,the Organisation for economic Cooperation and Development(OECD) has said in its 2018 Economic Outlook.

Explanation: Australia bagged their 4th Women’s World T20 crown after a thumping eight wicket victory over England at the Sir Vivian Richards Stadium in North Sound,Antigua and Barbuda.

Explanation: India’s CA Bhavani Devi won the gold medal in the Sabre event in the Senior Commonwealth Fencing Championship 2018 held in Canberra ,Australia.

Explanation: Pravin Tambe registered history in the T10 cricket league, where he stunned Kerala Knights with a five-wicket haul, including a hat trick

Explanation: Magician Ricky Jay, who also acted in films and TV shows such as “Boogie Nights”, “House of Games” and “Deadwood”, is dead at 72.

Explanation: Veteran Kannada films rebel actor MH Ambareesh passed away at a private hospital in Bengaluru

Explanation: Former Union Railway Minister and veteran Congress leader from Karnataka CK Jaffer Sharief passed away at a hospital in Bengaluru.

Explanation: The United Nations General Assembly has designated November 25 as the International Day for the Elimination of Violence Against Women. The theme was “Orange The World:#HearMeToo”.

Explanation: The UN selected Uttar Pradesh’s Noida and Greater Noida to participate in its Global Sustainable Cities 2025 initiative..

Explanation: The government will infuse Rs 42000 crore in the state owned banks by March-end and the next tranche would be released by mid-December.

Explanation: The Indian government and ADB signed a $200 million loan agreement for improving Bihar’s state highways.

Explanation: Further easing the External Commercial Borrowing (ECB) norms, the RBI reduced the mandatory hedging provision to 70 percent from 100 per cent.

Explanation: The Netherlands outclassed Australia 5-1 to win its seventh Women’s Hockey Champions Trophy at the Wujin Hockey Stadium in Changzhou China.

Explanation: World champion Lewis Hamilton recorded his 11th win of the season as the F1 season came to an entertaining close in Abu Dhabi.

Explanation: India’s Sameer Verma defeated Lu Guangzu of China in the men’s singles finals to successfully defend and win the Syed Modi International Championships in Lucknow.

Explanation: Manu Bhaker of Haryana won a double gold in junior sport pistol while Ravi Kumar and Rahi Sarnobat were crowned national champions in the men and women’s events respectively in Thiruvanathapuram.

Explanation: Famous Bollywood playback singer Mohammed Aziz of ‘My name is Lakhan’ fame passed away due to cardiac arrest at the age of 64 in Mumbai.

Explanation: French Ambassador to India Alexandre Ziegler conferred global software major Wipro Chairman Azim Premji with the highest French civilian award Chevalier del la Legion d’Honneur (Knight of the Legion of Honour) in Bengaluru.

Explanation: Sunil Arora has been appointed as the next chief election commissioner by President Ram Nath Kovind.

Explanation: The world’s first underground hotel has opened in Shanghai, buried almost 90 metres deep in an old quarry.

Explanation: A centralized electronic platform for processing interest subvention on bank loans to beneficiaries under Deendayal Antyodaya Yojana – National Urban Livelihoods Mission (DAY-NULM) named “PAiSA – Portal for Affordable Credit and Interest Subvention Access”, was launched by Ministry of Housing.

Explanation: Government of India and the ADB signed a $75 million loan to provide 24*7 water supply in Karnataka’s four coastal towns of Kundapura, Mangalore Puttur and Udupi and improve sanitation infrastructure for Mangalore town.

Explanation: In a bid to increase self-reliance, the Ministry of Defence will launch Operation Raksha Gyan Shakti on November 27 to increase Intellectual Prperty Rights(IPR) filing in design with an aim to reduce the transfer of technology and dependence on foreign companies.

Explanation: Preeti Sudan,Union Health Secretary did soft launch of the Integrated Disease Surveillance Programme(IDSP) segment of Integrated Health Information Platform(IHIP) in 7 states(Andhra Pradesh, Himachal Pradesh, Karnataka, Kerala, Odisha, Telangana and Uttar Pradesh).

Explanation: Himachal Pradesh became the first Indian state to launch a single emergency number 112 which will connect to police, fire, health and other helplines through an Emergency Response Centre in Shimla along with 12 District Command Centre covering entire State.

Explanation: The government conferred the National Projects Construction Corporation(NPCC) with the status of Miniratna:Category 1, empowering it to “taking speedy decisions”.

Explanation: Gandhi Smriti and Darshan Samiti(GSDS), functioning under Ministry of Culture will be organising a 3 day “South Asia Regional Youth Peace Conference”in partnership with UNESCO Mahatma Gandhi Institute of Education for Peace and Sustainable Development(UNESCO-MGIEP)and Standing Together to Enable Peace from November 28-30.

Explanation: The government has increased the outlay by Rs 100 crore to Rs 895 crore for the first phase of the FAME India scheme to promote mass adoption of electric vehicles, having extended the scheme four times.

Explanation: The Kalinga Stadium in Bhubaneshwar was in vibrant colours after the grand opening ceremony of 14th edition of the Odisha Hockey’s Men’s World Cup kicked off with a laser show with an army of drones and fire crackers.

Explanation: Bangladesh captain Shakib Al Hasan surpassed legendary English cricketer Ian Botham to become the fastest cricketer in the history of Test cricket to complete the double of 200 wickets and 3000 runs.

Explanation: The World Gold Council announced the appointment of David Tait as its next CEO He will succeed Aram Shishmanian, who served as CEO over the last 10 years.

Explanation: President Ram Nath Kovind has appointed Arvind Saxena as chairman of UPSC.

Explanation: More than 1,000 delegates and over 50 global CEOs are expected to participate in the two-day global Aviation Summit scheduled to be held on January 15 and 16 next year in Mumbai, according to the Civil Aviation Ministry. The ministry along with industry body FICCI would be organising the summit with the theme is “Flying for all especially for the next 6 billion”.

Explanation: The ISRO launched its workhouse rocket PSLV-C43 carrying India’s earth observation satellite HysIS and 30 other from 8 countries the US (23 satellites), Australia, Canada, Columbia, Finland, Malaysia, Netherlands and Spain (one satellite each) from Satish Dhawan Sapce Centre in Sriharikota.

Explanation: India –UK joint naval exercise “Konkan-2018” has started at Goa and would go on till December 6.

Explanation: In a one-of-its-kind initiative, a private firm, in association with the state government, is set to build a world class autism township near Kolkata, where children and adults suffering from the developmental disorder can receive training, treatment and boarding facilities.

Explanation: Prime Minister Modi, who arrived in Buenos Aires to attend the G-20 Summit , will participate in the first ever trilateral meeting between Japan,America and India and the 2nd Russia,India China, which is taking place after 12 years.

Explanation: The first Sustainable Blue Economy Conference was held in Nairobi, capital of Kenya.

Explanation: RBI eased the minimum holding period(MHP) norm for the NBFC sector companies to sell or securitise their loans in order to ease the liquidity crunch.

Explanation: Marin Cilic beat France’s Lucas Pouille in straight sets to give Croatia an unassailable lead in the Davis Cup final.

Explanation: Indian Navy pilots Commander Vijay Verma and Captain P.Rajkumar have been awarded “Asian of the Year” award, jointly given to four entities, including the two Indians, by Singapore newspaper the Strait Times for their “death-defying rescue flying” during the Kerala floods and courageous conduct in the face of natural calamity.

Explanation: Norwegian grandmaster Magnus Carlsen has retained his World Class Championship Title after defeating America’s Fabiano Caruana 3-0 in a tie-break contest.

Explanation: India will chair the Kimberley Process(KP), a global initiative to remove conflict diamonds from the global supply chain, from January next year, the Commerce Ministry said.

Explanation: The air forces of the USA and India are scheduled to participate in a 12-day- long joint exercise “Cope India 2019” at two air force stations in West Bengal in December 2018.

Explanation: Housing and Urban Affairs Ministry has approved the construction of over 2 lakh more affordable houses for the benefit of urban poor under Pradhan Mantri awas Yojana.

Explanation: The government has launched a unique initiative called Bhasha Sangam to introduce school students to 22 Indian languages.

Explanation: The European Union’s executive branch proposed that the bloc should cut its emissions of greenhouse gases to net zero by 2050, a measure scientists say needs to be adopted worldwide in order to avoid catastrophic global warming.

Explanation: A book detailing how Modi government’s policies have led to a drop in farmers’ income and caused rural distress across the country was launched in New Delhi. The book “Modiraj main Kisan,Double Aamad Ya Double Afat” is authored by Swaraj India President Yogendra Yadav.

Explanation: Indian economy is projected to grow at 7-7.4 percent in the current fiscal, economic policy think-tank NCAER said.

Explanation: Telangana teenager Esha Singh prevailed over big names such as Manu Bhaker and Heena Sidhu to win 3 gold at the 62nd National Shooting Championships in Thiruvananthapuram.

Explanation: Georgia has elected ruling party candidate Salome Zurabishvilli as its first women president.

Explanation: Unique Identification Authority of India (UIDAI) CEO Ajay Bhushan Pandey took over as the Union Revenue Secretary.