Weekly CA Quiz: October 2019 3rd week with PDF

Aiming to empower girls, the West Bengal government has taken the initiative to set up a Kanyashree University in Nadia district and Kanyashree colleges across the state. Chief Minister Mamata Banerjee had laid the foundation stone of the new university at Krishnagar in Nadia district in January. The Kanyashree university would be only for women.

Union Minister for Health and Family Welfare Harsh Vardhan launched Food Safety Mitra Scheme, Eat Right Jacket and Eat Right Jhola. Food Safety and Standards Authority of India (FSSAI) has introduced the scheme of Food Safety Mitra (FSM) through which it plans to engage motivated individuals with the food safety ecosystem at ground level.

India has slipped to 102 position in the Global Hunger Index 2019 of 117 countries, slipping from its 2018 position of 95.

New York City, one with the highest number of wealthiest people in the world, has 65 billionaires and over 380,000 millionaires, a report by New World Wealth has said. Mumbai is the only Indian city to feature in the top 20 list.

The Reserve Bank of India has decided to operationalise ‘unified departments for supervision and regulation’ with effect from November 1, 2019, in a bid to strengthen its oversight of commercial banks, urban co-operative banks (UCBs) and non-banking financial companies (NBFCs).

As against India’s real growth rate of 6.8 per cent in 2018, the IMF in its latest World Economic Outlook projected India’s growth rate at 6.1 per cent in 2019 and noted that the Indian economy is expected to pick up the next year at 7.0 per cent in 2020.

 IMF has downgraded global growth in 2019 to 3%, the slowest since the global financial crisis. Globally, rising trade barriers, heightened uncertainty around trade and geopolitics, idiosyncratic factors that have strained several emerging markets and structural factors such as advanced economies’ ageing population and low productivity growth were the causes behind a “synchronized slowdown” the IMF said in its 2019 World Economic Outlook (WEO) Global Manufacturing Downturn, Rising Trade Barriers report.

Valtteri Bottas won the Japanese Grand Prix with teammate Lewis Hamilton third behind Ferrari’s Sebastian Vettel. With the win, Mercedes have secured a Formula 1 record sixth straight World Championship double.

Government of India has appointed J. P. S. Chawla, (1985-batch Indian Civil Accounts Service (ICAS) Officer) as the new Controller General of Accounts (CGA), Ministry of Finance, Department of Expenditure. He will replace Girraj Prasad Gupta.

Mumbai’s iconic 155-year-old Flora Fountain and two other heritage landmarks in the country’s financial capital are among the four sites that have been chosen from India for the UNESCO Asia-Pacific Awards for Cultural Heritage Conservation.

 World Food Day is celebrated every year around the world on 16 October in honor of the date of the founding of the Food and Agriculture Organization (FAO) of the United Nations in 1945. This day generates awareness globally for those who suffer from hunger and to ensure the need for food security and nutritious diets for all. The main focus of this day is that food is a basic and fundamental human right.This year’s theme is “Our Actions Are Our Future”.

The Chenani-Nashri tunnel, the longest tunnel in Jammu and Kashmir, will be renamed after Bharatiya Jana Sangh founder Shyama Prasad Mukherjee, announced Union Road Transport Minister Nitin Gadkari.

International Coffee Organization (ICO) under the aegis of United Nations will organize its 5th Edition of World Coffee Conference to be held at Bengaluru from September 7th to 9th 2020. The Ministry of Commerce & Industry, Government of India will host the 3-day event themed, ‘Sustainability Through Consumption’ that will celebrate all things of coffee in an immersive experience with conferences addressed by international speakers, coffee exhibition, buyer sellers meets, competitions and awards, skill building workshops, amongst many others.

1. The Indian Air Force carryied out a joint military exercise ‘Shinyuu Maitri’ with Japanese Air Self Defence Force (JASDF) at Air Force Station, Arjan Singh in Panagarh town in West Bengal.

Indian Air Force (IAF) kickstarted its bilateral joint exercise with Royal Air Force Oman (RAFO), named ‘EX EASTERN BRIDGE-V’ at Air Force Base Masirah, Oman.

India ranked 82 spots among the 128 countries surveyed in the World Giving Index (WGI). The average figures for India over the past decade show that 34 per cent people helped a stranger, 24 per cent donated money and 19 per cent volunteered or donated their time.

Affordable housing finance company Gruh Finance formally merged with private sector lender Bandhan Bank, in accordance with the amalgamation scheme. Formerly, India’s largest mortgage lender HDFC Ltd was the promoter of Ahmedabad-based Gruh.

 India emerged champions of the SAFF U-15 women’s championship 2019 at the Chalimithang Stadium in Thimphu, Bhutan defeating Bangladesh 5-3 on penalties after the match ended 0-0 post 90 minutes.

Global Handwashing Day (GHD) is an international handwashing promotion campaign to motivate and mobilize people around the world to improve their handwashing habits. Washing hands at critical points during the day and washing with soap are both important. Global Handwashing Day occurs on 15 October of each year.This year’s theme is “Clean Hands for All”.

The United Nations’ (UN) International Day for the Eradication of Poverty is observed on October 17 each year since 1993. It promotes people’s awareness of the need to eradicate poverty and destitution worldwide, particularly in developing countries.This year’s theme is “Acting Together to Empower Children, their Families and Communities to End Poverty”.

India is ranked 23rd for female representation at senior management levels, only marginally better than Japan and South Korea, according to a new study by the Credit Suisse Research Institute (CSRI).

NITI Aayog with Institute for Competitiveness as the knowledge partner released the India Innovation Index (III) 2019. Karnataka is the most innovative major state in India.

The Tamil Nadu government constituted two committees to deal over water disputes with Kerala relating to the Parambikulam-Aliyar Project (PAP) and the Pandiyar-Punnampuzha project. Secretary of Tamil Nadu’s Public Works Department (PWD) K. Manivasan would lead both the committees constituted by the State government.

1. Union Road Transport and Highways Minister Nitin Gadkari has announced the naming of new National Highway No. 703AA as “Shri Guru Nanak Dev Ji Marg.”

The Hurun Research Institute has released the inaugural Hurun Global Unicorn List 2019, a ranking of the world’s billion-dollar tech ‘start-ups’ founded in the 2000s and not yet listed on a public exchange.

 A three day long festival of Baul songs named Indo-Bangla Baul Music Festival ended with spell binding performances by Bauls from India and Bangladesh. The program was organised to observe the 129th death anniversary of Baul saint Fakir Lalon Shah.

The World Steel Association (Worldsteel) has elected Sajjan Jindal, Chairman and Managing Director, JSW Steel, as Vice-Chairman of the association for one year.

 India will host the 91st Interpol General Assembly in 2022 after a proposal received the overwhelming support of member countries at this year’s congregation at Santinago in Chile.

The Chief Minister of Goa, Pramod Sawant, released a special commemorative IRONMAN 70.3 Goa postal stamp in Panaji. The IRONMAN 70.3 Goa, Half Distance Triathlon will be held in India for the first time ever on October 20.

Andaman and Nicobar Command (ANC) has conducted the 2nd edition of Defence of Andaman & Nicobar Islands 2019 (DANX-19).

Nasa astronauts Christina Koch and Jessica Meir have made history by completing the first-ever all-female spacewalk. They spent 7 hours outside the International Space Station (ISS) replacing a failed power control unit.

European Union leaders confirmed the appointment of Christine Lagarde as the new chief of the European Central Bank.

 Internationally acclaimed painter of Bangladesh Kalidas Karmakar passed away in Dhaka. He was born on January 10, 1946, in Faridpur district, he completed his graduation from the Government College of Fine Arts and Crafts in Kolkata in 1969.

 Indian Chess player, Viswanathan Anand has penned a book titled “Mind Master: Winning Lessons from a Champion’s Life”. The book, published by Hachette India, is releasing on December 11.

The King of The Netherlands Willem-Alexander and Queen Maxima arrived in India for a five-day state visit. The royal couple will attend the inaugural session of 25th Technology Summit in New Delhi. The Netherlands is the partner country for this summit.

The opening ceremony of the second edition of ‘India Myanmar Naval Exercise’ IMNEX-2019 was conducted onboard INS Ranvijay in Visakhapatnam.

Two-day long manoeuvres by Sudarshan Chakra Vahini of Indian Army Started at Jaisalmer, field firing range in Rajasthan.

In a move that may boost digital payments, businesses with an annual turnover of more than ₹50 crore will have to mandatorily offer electronic mode of payments to their customers from 1 November, the finance ministry said on Friday.

The chairman of State Bank of India(SBI) Rajnish Kumar was appointed as the new chairman of Indian Banks’ Association(IBA). He succeeds Sunil Mehta, the former Managing Director(MD) & Chief Executive Officer(CEO) of Punjab National Bank(PNB).

Vice President Venkaiah Naidu presented the ‘Most Eminent Senior Citizen Award’ to former Attorney General K Parasaran.

Defence Minister Rajnath Singh inaugurated ‘Col Chewang Rinchen Setu’, India’s highest altitude all-weather permanent bridge, over Shyok river in Ladakh region. The bridge has been built by Border Roads Organisation (BRO) and connects Durbuk and Daulat Beg Oldie in Eastern Ladakh.

The Defence Ministry cleared acquisitions worth over Rs 3,300 crore for the Indian Army including Made in India anti-tank guided missiles for taking out enemy tanks.

According to a study by CARE Ratings, Telangana was ranked first in terms of expenditure incurred on capital outlay/asset creation (capex) by State governments during 2015-2019 on irrigation in India.

According to the Central Pollution Control Board (CPCB) of India, Loni rural (Dehat) of Ghaziabad, Uttar Pradesh emerged as the most polluted city in India with the Air Quality Index (AQI) figures at 358. Strict measures under the Graded Response Action Plan (GRAP) were implemented in the city to tackle air pollution.

Bajaj Allianz Life Insurance has taken yet another step towards digital disruption by launching i-SERV, a first-of-its-kind video calling service within the life insurance industry.

Kuhoo Garg and Dhruv Rawat win the badminton mixed doubles title at the Egypt International 2019 in Cairo, Egypt.

Great Britain defeated India in the finals by 2-1 in the 9th edition of the Sultan of Johor Cup 2019, an international men’s under-21 field hockey tournament, was held at Johor Bahru, Malaysia. It was their 3rd title.

Faced with a string of fresh challenges including security, corruption and economic slowdown, Indonesia‘s popular President Joko Widodo was sworn in for a second and final five-year term.

World Statistics Day was an international day celebrated for the first time on 20 October 2010 worldwide. World Statistics Day is celebrated every five years. The day acknowledges the fundamental importance of sustainable national statistical capacity.The 2019 World Statistics day theme is “Better Data, Better Lives”.

The Asian Society for Emergency Medicine (ASEM) and Society for Emergency Medicine India (SEMI) announces the 10th Asian Conference on Emergency Medicine (ACEM) in New Delhi, India from November 7th-10th, 2019.

The United Nations World Food Programme (WFP) has launched a cinema advertisement campaign ‘Feed Our Future’ to raise awareness and take steps against hunger and malnutrition in India.

India ranked as the 7th nation in the ranking of the total (resident and abroad) IP filing activity by origin, revealed World Intellectual Property Indicators 2019, which published such data for 49 countries.

Raunak Sadhwani has becomes India’s 65th Grandmaster. He defeated Russian GM Alexander Motylev to become the Grandmaster at the age of 13 years, 9 months and 28 days.

Canadian player Denis Shapovalov has won the Stockholm Open title. He has become the first Canadian ATP singles champion since Milos Raonic won at Brisbane in January 2016.

Ranveer Singh and Alia Bhatt-starrer “Gully Boy” won the best film from India award in the regional finals at the Asian Academy Creative Awards ceremony.

The annual Crime in India Report 2017 was released by the National Crime Records Bureau (NCRB). 3,59,849 cases of crime against women were reported in India. Uttar Pradesh topped the list of states with the most number of crimes against women with 56,011 cases. It was followed by Maharashtra with 31,979 cases and West Bengal with 30,002 cases.

The National Cyber Security Coordinator’s office in partnership with Data Security Council (DSCI) of India launched TechSagar – a platform to discover India’s technological capability through a portal. The portal will list business and research entities from the IT industry, startups, academia, and individual researchers.

A clinical Bengal Warriors clinched their maiden Pro Kabaddi League title by defeating Dabang Delhi 39-34 in a pulsating summit clash.

The government appointed Pankaj Kumar, a 1987-batch IAS officer, as the new Chief Executive Officer of Unique Identification Authority of India (UIDAI), as part of a major reshuffle in the top bureaucracy that saw the appointments of new secretaries in crucial ministries.

BharatPe, India’s largest merchant fin-tech company has won the DigiDhan Mission Fin-tech Award 2018-2019 for ‘Innovation in Digital Payments through Emerging Technology’ at the MeitY Start-up Summit 2019 held in Delhi.