Weekly CA Quiz: October 2017 3rd week

Explanation: Going digital, the Rajasthan assembly has become the first in India to call attention and adjournment motions and proposals online from legislators to send them to the state government.

Explanation: Roger Federer beat Rafael Nadal to win the Shanghai Masters 6-4, 6-3 in a showdown between the two best players on the planet.

Explanation: APPICON 2017, 63rd Annual National Conference of Association of Physiologists and Pharmacologists of India, hosted by the Department of Physiology, Jawaharlal Institute of Postgraduate Medical Education and Research (Jipmer) held in Puducherry.

Explanation: The book is co-authored by Saji Mathew and Jubie John and published by Bloomsbury in collaboration with NGO LetterFarms.

Explanation: Filmmaker Lekh Tandon has passed away. Mr. Tandon is credited with discovering actor Shah Rukh Khan by casting him in his TV serial Dil Dariya in 1988.

Explanation:Poet Punyaslok Dasgupta known for his simplicity and loved by the common man, has passed away.

Explanation: The 2017 Tianjin Open was a women’s professional tennis tournament.
Former world number one tennis player Maria Sharapova won her first title since returning from a 15-month doping ban, clinching the Tianjin Open.

Explanation: Shamsher Khan was the first swimmer to represent India in Olympics. He narrowly missed a medal, finishing fourth in 200 meter butterfly and breaststroke events in Melbourne Games.

Explanation: Kavita Devi, who was part of the WWE’s Mae Young classic tournament, has made history by becoming the first ever woman wrestler from India to be awarded a WWE developmental contract.

Explanation: The Indian football team rose two spots above to 105th position in the latest FIFA rankings in October 2017.

Explanation: According to data released by the Commerce Ministry, cooling of food prices helped ease India’s annual rate of inflation based on the Wholesale Price Index (WPI), with the revised base year of 2011-12, in September to 2.6 per cent.

Explanation: The Indian Navy has dispatched a P-8I long-range maritime reconnaissance aircraft to Manila to undertake a Search and Rescue (SAR) for missing sailors of a merchant vessel that sank off the coast of Philippines.

Explanation: Union Defence Minister Nirmala Sitharaman commissioned the third of the four indigenously-built Anti-Submarine Warfare (ASW) stealth corvettes “INS Kiltan” under Project 28 (Kamorta class) into the Indian Navy at Visakhapatnam’s Naval Dockyard.

Explanation: BJP MP B C Khanduri

Explanation: Richard Wilbur (American), whose meticulous, urbane poems earned him two Pulitzer Prizes and selection as the national poet laureate has passed away.

Explanation: Carnatic vocalist TM Krishna has won the Indira Gandhi Award for National Integration for 2015-16.

Explanation: Veteran writer-lyricist Javed Akhtar is being honoured with the Hridaynath Mangeshkar Award on the 28th anniversary of Hridayesh Arts and the 80th birthday of veteran music composer Hridaynath Mangeshkar.

Explanation: Private sector Yes Bank has committed Rs 156 crore to fund first Sewage Treatment Plant (STP) to be constructed at Varanasi under Hybrid Annuity-PPP Model.

Explanation: On the occasion of National Ayurveda Day, Prime Minister Narendra Modi inaugurated the All India Institute of Ayurveda (AIIA) at Delhi’s Sarita Vihar.

Explanation: The All India Institute of Ayurveda, set up on a total area of 10.015 acres on a budget of Rs 157 crore, is the first medical institute under the AYUSH ministry to hold the coveted National Accreditation Board for Hospitals and Healthcare Providers (NABH) accreditation.

Explanation: Prerna
The project will be initially launched in the state of Odisha, with the intention to positively impact the lives of over 1,500 families across 30-plus villages.

Explanation: New Delhi, India

Explanation: Gujarat Minister of State for Tribal Welfare Shabdasharan Tadvi inaugurated the Birsa Munda Tribal University in the tribal dominated Rajpipla town in Narmada district about 90 kms from Vododra.

Explanation: Canada will be the partner country at the 23rd iteration of the Tech Summit, India’s largest knowledge and technology conference and exhibition to be held from November 14 to 15, 2017 in New Delhi.

Explanation: Bangladesh naval ship Somudra Avijan has arrived Visakhapatnam on a four-day goodwill visit to the Eastern Naval Command (ENC).

Explanation: The RBI said that banks will provide funds to women self help groups, SHGs, in rural areas at 7 per cent under the Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM) in the current fiscal.

Explanation: US author George Saunders has won the 2017 Man Booker Prize.

Explanation: US author George Saunders has won the 2017 Man Booker Prize. He became only the second American writer to win Britain’s renowned Prize, which was awarded for his first full-length novel “Lincoln in the Bardo”.

Explanation: Roy Dotrice, a veteran British actor known for his role as Leopold Mozart in the Oscar-winning film Amadeus and his many theater and TV roles has passed away.

Explanation:
Indian-origin teenager Akshay Ruparelia has made a fortune by selling houses through his online estate agency business during his school lunch breaks and has become one of UK’s youngest millionaires

Explanation: Hyderabad’s Rajiv Gandhi International Airport (RGIA) has bagged the World 1 airport Award trophy of the Airports Council International (ACI) in the 5-15 million passengers per annum category.

Explanation: The Jaipur and Srinagar Airport got First and Second rank respectively in the category of 2-5 million passengers in ACI-ASQ Survey.

Explanation: According to NITI Aayog Vice-Chairman Rajiv Kumar, the economic slowdown that began in 2013-14 has bottomed out and the GDP is likely to grow at 6.9-7 % this fiscal (2017-18) and 7.5% in 2018-19.

Explanation: The Russian aircraft, which was decommissioned in March 2017 at INS Rajali in Tamil Nadu after 29 years, was brought to the city on April 8 to be converted into a Museum.

Explanation: With 2.51 million deaths in 2015, India has been ranked No. 1 in pollution related deaths, according to a report by The Lancet Commission on pollution and health. China recorded the second highest number of such deaths (1.8 million). India accounted for about 28 per cent of an estimated nine million pollution linked deaths worldwide in 2015.

Explanation: Solicitor General Ranjit Kumar, the country’s second-most senior legal officer, has resigned citing personal reasons.

Explanation: Nigeria’s former Minister of Agriculture and rural development, Akinwunmi Adesina has received the 2017 World Food Prize Award. Adesina is also the current President of the African Development Bank.

Explanation: The Arunachal Assembly has passed a bill paving way for creation of a new district to be named Kamle. With the official creation of the new district, the total number of districts in the state shot up to 23.

Explanation: While India was accountable for 24 per cent of these new-born deaths, Pakistan accounted for 10 per cent, Nigeria 9 per cent, the Democratic Republic of Congo 4 per cent and 3 per cent of the deaths occurred in Ethiopia.

Explanation: Private sector lender Kotak Mahindra Bank and fintech firm Zeta have announced launch of ‘Paymint’, a multi-wallet digital prepaid solution for salaried employees.

Explanation: Jacinda Ardern, 37-year-old will be the youngest Prime Minister of the country which had been ruled by the National Party for a decade.

Explanation: Exercise INDRA-2017, the first ever Tri Services Joint Exercise between Indian and Russian Armed Forces will be conducted in the Eastern Military District of Russia from 19 to 29 Oct 2017.
Exercise INDRA-2017 is being conducted at the 249th Combined Army Range Sergeevisky and in the Sea of Japan near Vladivostok.

Explanation: Forbes released the top 20 richest sportsmen in the world for 2017 with Real Madrid superstar, Cristiano Ronaldo leading the chart. Ronaldo earned £70m in the last year, making him the highest paid European sports personality.

Explanation: A five-member committee, headed by Prasar Bharati Chairman A Surya Prakash, has been formed to select the candidate for the post of editor-in-chief of Rajya Sabha TV (RSTV).

Zimbabwe
Recently, the World Health Organization revoked the appointment of Zimbabwe’s Robert Mugabe as a goodwill ambassador.

Explanation: On 21 October 2017, the Reserve Bank clarified that, in applicable cases, linkage of Aadhaar number to bank account is mandatory under the Prevention of Money-laundering (Maintenance of Records) Second Amendment Rules, 2017 published in the Official Gazette on June 1, 2017

Explanation: Prime Minister Narendra Modi has inaugurated the first phase of the roll-on roll-off (ro-ro) ferry service connecting Saurashtra with south Gujarat. The first phase of the project worth Rs 650-crore connects Ghogha of Bhavnagar district in Saurashtra region to Dahej of Bharuch district in south Gujarat.

Explanation: The Kerala government will organize a four days International seminar and Global Ayurveda meet in Kochi in February 2018.

Explanation: The two-day Regional Conference on Consumer Protection will be held on October 26-27 in New Delhi and will see the participation of 23 countries, besides India, which is organising the event at the request of United Nations Conference on Trade and Development (UNCTAD).

Explanation: According to ‘State of World Population 2017’ released by United Nations Fund for Population (UNFPA) Activities 27% of India’s children get married by age 18 as compared to 28% the world over.
The document released by UNFPA was entitled “World Apart: Reproductive health and rights in an age of inequality”.

Explanation: India defeated Malaysia 2-1 in final of the Hockey Asia Cup in Dhaka, to win the tournament for the third time. India, who have finished as the tournament’s runners-up five times previously, have now won the joint second-most number of Asia Cup titles, alongside Pakistan. India had last won the Asia Cup back in 2007.

Explanation:Reliance Communication (RCOM) has received the Department of Telecommunications (DoT) approval for the merger of the wireless business with Sistema Shyam Teleservices Limited (SSTL).

Explanation: IndusInd Bank in association with MobiKwik, India’s largest issuer-independent digital financial services platform, has launched a co-branded wallet ‘IndusInd Mobikwik’.

Explanation: India Post Payments Bank (IPPB) has appointed Suresh Sethi as its Managing Director and Chief Executive Officer. He was the former MD of Vodafone M-Pesa Ltd.

Explanation: The Hongkong and Shanghai Banking Corporation (HSBC) announced the appointment of Jayant Rikhye as the chief executive officer for India. The appointment would be effective from December 1 subject to regulatory approval.

Explanation: Mercedes’ British driver Lewis Hamilton won the US Grand Prix, leaving him 66 points ahead in the drivers’ championship table. Hamilton needs to finish inside the top-five in Mexico to seal his fourth title.

Explanation: The Reserve Bank of India (RBI) has set up a high-level task force to develop a comprehensive public credit registry (PCR) — an extensive database of credit information for India that is accessible to all stakeholders. The 10-member task force is headed by Y. M. Deosthalee, ex-CMD, L&T Finance Holdings.

Explanation: The 2nd World Congress on Marxism is scheduled to be held in Peking University in Beijing, China in May 2018.

Explanation: International Children’s Film Festival, also called ‘The Golden Elephant’, being organised by Children’s Film Society, India (CFSI), will be hosted by the Telangana government in Hyderabad jointly with CFSI and the Union Ministry of Information and Broadcasting between November 8 and 14.

The theme for 2017 International Children’s Film Festival is ‘New India’.

Explanation: India’s first Pradhan Mantri Kaushal Kendra (PMKK) for Skilling in Smart Cities has been inaugurated in New Delhi on October 23, 2017 in collaboration with New Delhi Municipal Council (NDMC) by the Union Home Minister Shri Rajnath Singh along with Minister of Petroleum and Natural Gas and Skill Development and Entrepreneurship Shri Dharmendra Pradhan.

Explanation: External Affairs Minister Sushma Swaraj opened the new chancery complex of the Indian High Commission in Dhaka on 23rd october on the last day of her Bangladesh visit.

Explanation: India and Mozambique have agreed to expedite development of the giant Rovuma gas discovery, which is planned to be converted into LNG for exports.

Explanation: Nirmala Sitharaman reached the Philippines to attend a Southeast Asian defence ministers’ meeting which is likely to review the regional security architecture including China’s growing assertiveness in the South China Sea.

Explanation: Scotland has finished constructing the “world’s first floating wind farm”. Also, the giant turbines have started supplying electricity to the grid and aims to power more than 20,000 homes.