Weekly CA Quiz: October 2017 2nd week

Explanation: The special drive will focus on improving immunization coverage in select districts and cities to ensure full immunization to more than 90% by December 2018.
The achievement of full immunisation under Mission Indradhanush to at least 90% coverage was to be achieved by 2020 earlier. With the launch of IMI, achievement of the target has now been advanced.

Explanation: This conference is fourth in this series of ‘dialogues’ initiated by National Geographic Society in 2013 with an objective to encourage scholarly and public discourse about the five ancient, literate civilizations of the world.
The first conference of this series was inaugurated in Guatemala in 2013 followed by Turkey in 2014 and China in 2015.

Explanation: Continuing its endeavor to promote India’s Heritage, Ministry of Culture has organised 3 days long diversified cultural carnival ‘Rashtriya Sanskriti Mahotsav – 2017’ at the premises of Sabarmati River Front Event Centre, Ahmedabad, Gujarat.

Explanation: After orbitting the Red Planet for 16 years, NASA’s Mars Odyssey spacecraft has captured its first images of the Martian moon Phobos.

Explanation: The Uttarakhand Government and a charitable funding agency, Swan Cultural Center and Foundation launched ‘Solar Briefcase’ in Kedarnath Dham. The initiative was taken to provide electricity to far flung areas in the hill state.

Explanation: Commonwealth Games bronze medallist RMV Gurusaidutt (Indian Badminton Player) clinched the men’s singles title at the Bulgarian International Future Series tournament.

Explanation: Lewis Hamilton has secured a dream victory in the Japanese Grand Prix against title rival Sebastian Vettel and has moved within one race of winning the F1 World Drivers’ Championship.

Explanation: The Government of India, has increased its stake in IDBI Bank to 77.79% by acquiring 3.81 per cent shares through preferential allotment.

Explanation: Andhra Pradesh Chief Minister N. Chandrababu Naidu inaugurated a two-day International Blockchain Business Conference, which will also have sessions on Blockchain in banking, insurance and capital markets.

Explanation: A group of ministers or GoM has been set up under Assam finance minister Himanta Biswa Sarma to make the composition scheme more attractive and to revisit the goods and services tax rates on restaurants.

Explanation: French tennis player Caroline Garcia defeated Romanian Simona Halep at the China Open final to earn her second title within eight days.

Explanation: The Nobel economics prize has been awarded to Richard H. Thaler “for his contributions to behavioural economics”.

Explanation: Congress leader and former vice-president of Devlali Cantonment Board Prabhakarpant Ojharkar has passed away following a heart-attack.

Explanation: Gujarat, Maharashtra and Himachal Pradesh have cut value added tax (VAT) on petrol and diesel in tandem with the central government’s decision last week to reduce excise duty, stoking expectations that the inclusion of petroleum products in the goods and service tax (GST) may happen sooner.

Explanation:
Rajasthan
In collaboration with IGNOU, the College Education department has prepared 16 courses for entrepreneurship and skill development for colleges in the state.

Explanation: Vice President M Venkaiah Naidu inaugurated the third International Conference on Yoga in New Delhi. The theme of this year’s conference will be ‘Yoga for Wellness.’

Explanation: The nation’s largest lender State Bank of India is creating a 15,000-sqft innovation centre in Navi Mumbai investing around Rs 100 crore. The centre, to be built at its Global IT Centre in Belapur in Navi Mumbai, will be the largest innovation centre by any financial services company in the country.

Explanation: In its latest World Economic Outlook, the IMF forecast that the global economy will grow by 3.6 per cent in 2017 and 3.7 per cent in 2018

Explanation: India has lost its rank as the world’s fastest growing major economy in the International Monetary Fund’s (IMF) tally after it slashed India’s growth projection for 2017 by 0.5 percent to 6.7 percent on October 10.

Explanation: 7% for 2017-18 from 7.2% estimated earlier

Explanation: Dehradun, Uttarakhand will host its first ever Ranji Trophy cricket match. The Ranji Trophy match will be played between October 24-27.

Explanation: Jeakson Singh Thounaojam created history at Delhi’s Jawaharlal Nehru Stadium by scoring India’s first goal in a World Cup during India’s match against Colombia.

9 October. Innovation, Integration and Inclusion

10 October. Mental health in the workplace

Explanation: The India Water Week 2017 is going to be held between October 10 – 14, 2017 at Vigyan Bhavan, New Delhi.
Water and Energy for Inclusive Growth

Explanation: The Ministry of Women and Child Development will be celebrating the Beti Bachao Beti Padhao Week from 09th to 14th October, 2017.
The Daughters of New India.

Explanation:
The Standing Committee on External Affairs, which will examine the relations between the two Asian powers – India and China, is headed by Shashi Tharoor, Congress member of the Lok Sabha.

Explanation: Visa has tied up with the Andhra Pradesh government for Digital Dhan Sankalp project. It is an initiative to develop Visakhapatnam into India’s first ‘less cash’ city.

Explanation: The recently constituted Economic Advisory Council to the Prime Minister (EAC-PM) held its first meeting in New Delhi to deliberate upon and lay out a roadmap to give a leg up to the Indian economy in the short term after GDP growth for the first quarter fell to a three-year low of 5.7%.

Explanation: The Reserve Bank of India (RBI)’s study group head by Janak Raj, principal adviser, Monetary Policy Department, which recently submitted its report on an external benchmark rate for banks, has revealed several startling and “disconcerting” banking practices, including violation of the RBI guidelines, inflating of base rate and arbitrary adjustment of spreads.

Explanation: Prime Minister Narendra Modi has approved Rs 2,000 crore specifically for setting up Aadhaar centres in post offices, a move that will see private contractors phased out from the data collection process.

Explanation: The provisional figures of Direct Tax collections up to September, 2017 reported a 15.8 percent increase (Rs. 3.86 lakh crore) compared to the net collections for the corresponding period of last year.

Explanation: The National Bank for Agriculture and Rural Development (Nabard) has bought an additional 7% stake in Small Industries Development Bank of India (Sidbi) for Rs900 crore from troubled public sector lender IDBI Bank Ltd. This raised its total shareholding in Sidbi to 10%.

Explanation: Long-serving Indian boxing coach Gurbax Singh Sandhu, who has the distinction of coaching both the men and women boxers, has been honoured with the National Awards for senior citizens by President Ramnath Kovind. Sandhu was the chief coach when India won its maiden Olympic medal in boxing through Vijender Singh in 2008.

Explanation: Anupam Kher, who has acted in over 500 movies and is a vocal supporter of Prime Minister Narendra Modi, has bcen named as Chairman of the prestigious Film and Television Institute of India (FTII) in Pune. He will succeed Gajendra Chauhan

Explanation: Government of India will commemorate the 150th Birth Anniversary of Father of the Nation Mahatma Gandhi during the period from 2nd October, 2019 to 2nd October, 2020.

Explanation: The event will be celebrated at both national and international levels to propagate the message of the Mahatma. A National Committee headed by Prime Minister Narendra Modi has been constituted for the purpose.

Explanation: Bengaluru.
This will be the first time since 1992, when the first World Puzzle Championship took place, that the championship will take place in India.

Explanation:
Minimum KYC wallets cannot have a balance of more than Rs 10,000 and this can be allowed only for purchase of goods and services and not for remittances to other wallets or bank accounts.

Explanation: With the emergence of digital economy, the global Internet of Things (IoT) market spend will grow from $625.2 billion in 2015 to $1.29 trillion in 2020 — with a compound annual growth rate (CAGR) of 15.6 per cent, a report revealed.

4.3%

Explanation: Bharti Airtel and Tata have announced that they have entered into an understanding to merge Consumer Mobile Businesses (CMB) of Tata Teleservices Limited (TTSL) and Tata Teleservices Maharashtra Limited (TTML) into Bharti Airtel.

Explanation: Switzerland’s Esther Staubli will become the first female referee to officiate a match at the FIFA U-17 World Cup when Japan clash with New Caledonia in the final round group E match in Kolkata on 14th October 2017.

Explanation: Veteran Indian pacer Ashish Nehra confirmed that he would be retiring from all forms of cricket after the opening Twenty20 International of the three-match series against New Zealand, which is to be held at the Feroz Shah Kotla in New Delhi on November 1

Explanation: Preeti Sudan, 1983 batch Indian Administrative Service of Andhra Pradesh cadre, was appointed as the new Union Health Secretary.

Explanation: The President of India, Shri Ram Nath Kovind, presented the Lal Bahadur Shastri National Award for Excellence in Public Administration, Academics and Management for the year 2017 to Dr. Bindeshwar Pathak.

Explanation: The third volume of former President Pranab Mukherjee’s autobiography titled “The Coalition Years — 1996-2012” has been released.

Explanation: Kwon Oh-hyun, Samsung Electronics’ CEO, vice chairman, and the head of its hugely successful components business, has announced his resignation.

Explanation: India’s high commissioner to Pakistan Gautam H. Bambawale has been appointed as next ambassador to China. Bambawale is believed to be an expert on China. He will replace Vijay Gokhale in China.

Explanation: Netherlands captain Arjen Robben announced the end of his international career after his country failed to reach the 2018 World Cup finals despite a 2-0 win over Sweden.

Explanation: Dubbed Kronos after the child-eating Titan of Greek mythology, the star is the clearest and most dramatic case yet of a Sun-like star consuming its own planets.

Explanation: Amazon Web Services (AWS) and Microsoft have teamed up to launch an open-source and deep learning interface ‘Gluon’ that will help developers to deploy machine learning models across several platforms.

Explanation: The Centre has approved setting up of sewage treatment plants (STPs) at Haridwar and Varanasi in the public-private partnership mode for a combined cost of ₹324.69 crore under its Namami Gange programme.

Explanation: India will hold Dubai’s first-ever AYUSH conference next month to spread awareness about the prevention and management of lifestyle diseases through Yoga and Ayurveda.

Explanation: Indian Naval Ships Satpura and Kadmatt will participate in Passage Exercise (PASSEX) with Japanese Marine Self Defence Force.

Explanation: The fifth India-Sri Lanka joint training exercise “Mitra Shakti 2017” focusing on counter-terrorism operations kicked off at Aundh Military Station in Pune, Maharashtra.

Explanation: London has retained its rank as the number one city in the world shrugging off Brexit worries, according to Global Power City Index (GPCI).

Explanation: Japanese capital city Tokyo has topped The Economist Intelligence Unit’s Safe Cities Index 2017, which ranked 60 cities on parameters including personal and health security.
Delhi and Mumbai have ranked 43rd and 45th respectively

Explanation: The new initiative of SBI, called SME Assist, would offer loans to MSME customers on the basis of their input credit claims under Goods and Services Tax (GST). The loans will be offered at a concessional rate of interest.

5%

Explanation: The Board of Directors of IndusInd Bank Ltd and Bharat Financial Inclusion Ltd have approved the merger of two companies through a composite scheme of arrangement.

Explanation: UNESCO’s executive board has chosen former French Culture Minister Audrey Azoulay to be the UN cultural agency’s next leader over a Qatari candidate in an unusually heated race overshadowed by Mideast tensions.

Explanation: Parliament had, in March 2016, passed the law to replace the BIS Act of 1986.

Explanation: A Sweden-India ‘Startup Sambandh’ initiative has been launched by Invest India and Founders Alliance in Sweden for higher cooperation among start-ups.

Explanation: Veteran historian of medieval India and noted educational administrator Satish Chandra has passed away.

Explanation: HDFC Bank