Weekly CA Quiz: September 2019 1st week with PDF

The Rajasthan government has launched a new health insurance scheme — Ayushman Bharat-Mahatma Gandhi Rajasthan Swasthya Bima Yojna (AB-MGRSBY) — from September 1.

Delhi Chief Minister Arvind Kejriwal has kickstarted his government’s 10-week mass awareness campaign against dengue and chikungunya by inspecting his residence for stagnant water, which can spread such mosquito-borne diseases.

The Uttarakhand government has decided to form a Special Tiger Force for Corbett Tiger Reserve. The STPF will be effective in checking illegal human intrusion into the reserve through villages located on its fringes. The STPF will serve as a second layer of protection for tigers at the Corbett Tiger Reserve.

Indonesia has chosen the eastern edge of jungle-clad Borneo island for its new capital, President Joko Widodo said, as the country looks to shift its political heart away from congested megalopolis Jakarta. The proposed location — near the regional cities of Balikpapan and Samarinda — is in the geographical centre of the Southeast Asian archipelago and an area where the government already owns some 180,000 hectares (445,000 acres) of land, he added.

Those who have withdrawn ₹one crore or more in cash from banks or post offices upto 31 August will be liable to a 2% tax deducted at source (TDS) on further cash withdrawals from 1 September as a new provision in tax law kicks in from next month.

The Reserve Bank of India has given mobile wallet providers time till February 29, 2020 to fully comply with Know Your Customer (KYC) norms, in a major relief to companies such as Paytm, Amazon Pay and PhonePe just a day before the expiry of its earlier deadline.

A convincing India U-15 team thrashed Nepal 7-0 to lift the SAFF U-15 title at the Kalyani Stadium in Kalyani, West Bengal

Lieutenant General Manoj Mukund Naravane took charge of Vice Chief of the Army Staff.

Haryana Chief Minister Manohar Lal Khattar released a book titled ‘Jin Dhoondha Tin Paaiyan’ penned by senior IPS officer O P Singh.

Prime Minister Narendra Modi inaugurated the Garvi Gujarat Bhawan in New Delhi. The new building situated at Akbar Road in the national capital has been built at a cost of around 131 crore rupees by the Gujarat Government.

The amended provisions of the Motor Vehicle Act, which hike the penalty for traffic rules violation have come into force from 01st September 2019. As many as 63 clauses of the Act, which correspond to an increase in the fine for traffic rule violation came into force

Haryana Chief Minister Manohar Lal Khattar announced a package worth Rs 4,750 crores for farmers in the state. He waived off penalty and interest on crop loans in three schemes to give relief to farmers.

Tinsukia Junction Railway Station in Tinsukia, Assam has become the 4,000th railway station in the country to have free public Wi-Fi service.

The US and the Association of Southeast Asian Nations (ASEAN) are going to conduct their first joint maritime exercises ASEAN-U.S. Maritime Exercise (AUMX) in the disputed South China Sea.

Global Happiness Survey” from market research firm Ipsos said that when it come to happiness, Indians consider good financial conditions and physical well-being among the top-most reasons to remain joyous, adding that India ranked 9th on happiness index among 28 global markets.

ECL Finance, a subsidiary of Edelweiss Financial Services, and government-owned Central Bank of India have signed an agreement for priority sector lending to micro, small and medium enterprise (MSME) customers.

The Ministry of Electronics and Information Technology (MeitY) and Google have signed a statement of intent to roll-out ‘Build for Digital India,’ a programme that will give engineering students a platform to develop market-ready, technology-based solutions that address key social problems.

Ishant Sharma has became the most successful Indian pace bowler outside Asia, surpassing Kapil Dev who held the record till now.

Ferrari’s Charles Leclerc won the Belgian Grand Prix at Spa-Francorchamps to record the maiden victory of his career.

The Sabka Vishwas Legacy Dispute Resolution Scheme announced by the Union government in its 2019-20 Budget is operationalised from September 1. Tax payers can use the scheme for closing their pending disputes relating to legacy service tax and central excise cases that are now subsumed under GST.

The entire month of September will be celebrated as the Rashtriya Poshan Maah. This year the theme is Complementary Feeding. Prime Minister’s Overreaching Scheme for Holistic Nourishment – POSHAN Abhiyaan is a multi- ministerial convergence mission with the vision to address malnutrition with a targeted approach by 2022.

Vice President M. Venkaiah Naidu inaugurated the country’s longest electrified rail tunnel between Cherlopalli and Rapuru and the electrified railway line between Venkatachalam and Obulavaripalli.

The High Commissions of Australia, New Zealand, Papua New Guinea, and Fiji jointly organised a cultural event ‘Na

India and Russia are stepping up cooperation in the space sector with Moscow extending help in 4-5 critical areas of India’s ambitious manned mission to space, Gaganyaan. This includes training of Indian astronauts at Russian facilities beginning later this year.

The fourth South Asian Speakers’ Summit was held in Male, Maldives capital with the secretary general of the Inter-Parliamentary Union and senior lawmakers from India, Afghanistan, Bangladesh, Bhutan, Pakistan and Sri Lanka.

4th Indian Ocean Conference 2019 was held in Male, Maldives. External Affairs Minister S Jaishankar participated in the Conference.

India finished at the top of the ISSF World Cup Rifle/Pistol Championship in Rio De Janeiro with 5 gold, 2 silver and 2 bronze medals.

The World Coconut Day (WCD) is observed every year on September 2 to enhance coconut farming with focus on productivity and product diversification.Theme for World Coconut Day 2019 is “Coconut, the tree of life Sustains family well being”.

Minister of State for Culture and Tourism Prahalad Singh Patel inaugurated first-ever architectural LED illumination at the Qutub Minar in NewDelhi. With the illumination, the architectural beauty of the 12th-century monument will display its historic majesty after sunset. Qutb Minar is a UNESCO World Heritage Site is one of most visited historical site in Delhi.

Shri Mata Vaishno Devi Shrine in Jammu and Kashmir has been adjudged as the Best Swachh Iconic place in the country in the ‘Swachh Iconic Places’ list released by the Ministry of Jal Shakti, Department of Drinking Water and Sanitation.

Union Minister of Health and Family Welfare inaugurated the 72nd Session of the WHO Regional Committee for South-East Asia held in New Delhi. The committee is the highest decision making and governing body of WHO in the region.

Ashok Leyland, a flagship company of the Hinduja group and country’s second largest commercial vehicle manufacturer, announced that it has become the first Indian original equipment manufacturer to meet Bharat Stage VI emission norms across its full range of heavy duty trucks with gross vehicle weight of 16.2 tonnes and above.

The 14th Conference of Parties to the UN Convention to Combat Desertification begins in Greater Noida, Uttar Pradesh. During the event, India also assumed the presidency of COP for two years and Union Minister for environment took up the role of President of COP.

The Central government approved Rs 9,300 crore capital infusion into IDBI Bank to increase the lender’s capital base.

ICICI Bank has deployed Industrial ‘Robotic Arms’ for note sorting at its currency chests across 12 cities. It has become the first commercial bank in the country to customise and deploy industrial robots to automate and perform repetitive high volume steps in handling cash processing on high-end note sorting machines.

Singapore’s banking group DBS has revised India’s real GDP growth forecast downwards for the current financial year to 6.2 per cent from 6.8 per cent projected earlier.

India women’s batter Mithali Raj announced retirement from T20 Internationals cricket stating that she wants to focus on 2021 One Day World Cup preparation.

FIFA unveiled the official emblem of the 22nd edition of the FIFA World Cup which is scheduled to be hosted in Qatar.

India has announced a contribution of USD 22 million to the Global Fund for AIDS, Tuberculosis and Malaria (GFTAM) for 2020-22 as part of its commitment towards eliminating these diseases, Union Health Minister Harsh Vardhan said.

With the objective of achieving the real goals of the ambitious Blue Revolution project, the Union Government has lined up Rs25,000 crore investments in different sectors of fisheries in the next three to five years.

India’s ambition to send men to the deep sea in a submersible vehicle is likely to be a reality in 2021-22 with the ‘Samudrayaan’ project.

The Uttar Pradesh Police has launched a “C-Plan” smartphone application that will help them keep a tab on anti-social elements to counter their nefarious designs in time.

Nuakhai, the greatest harvesting festival of Odisha was celebrated recently. Nuakhai, as the name suggests that nua means new and khai means food. So, the festival of nuakhai is a festival to celebrate newly harvested food by the farmers.

A ministerial panel led by Finance Minister Nirmala Sitharaman will reportedly study a Health Ministry proposal to ban e-cigarette sales in India through an ordinance. The ministry had in 2018 issued an advisory favouring ban on sales and advertisements of e-cigarettes. Reports said the Health Ministry has proposed jail of up to a year and ₹1-lakh fine for first-time offenders.

Insurance regulator IRDAI has decided to review its three-year old guidelines on trade credit insurance in line with the changing requirements of the market.

The national capital has dropped by six places to rank 118th on a list of the world’s most liveable cities due to increase in cases of petty crimes and poor air quality, according to an annual survey by the Economist Intelligence Unit.

5th Eastern Economic Forum was held in Vladivostok, Russia. PM Narendra Modi also attended the forum meeting. He also paid a visit to the India Business Pavilion on the sidelines of the 5th Eastern Economic Forum.

World Bank will fund ‘pro-poor tourism’ (PPT) development projects worth more than $57 million in top tourist hotspots of Agra and Braj-Mathura regions in Uttar Pradesh.

India has jumped six places to claim 34th spot on world Travel & Tourism Competitiveness Index 2019, according to a report by World Economic Forum (WEF).Spain tops the ranking index followed by France and Germany.

Chief Election Commissioner Sunil Arora assumed Chairmanship of the Association of World Election Bodies (A-WEB) for the term 2019-21. The decision and announcement to this effect was made at the 4th General Assembly of A-WEB being held in Bengaluru, being attended by as many as 120 delegates from 50 countries.

In a bid to boost to Air Force’s capability to take down enemy fighter aircraft, the government has cleared the procurement of six squadrons of the indigenous Akash air defence missile systems worth Rs 5,000 crore to be deployed on the borders with Pakistan and China.

The Tripura government has come forward to set up replicas of all 51 shaktipeeths situated in the Indian subcontinent.

Delhi’s Indira Gandhi International (IGI) Airport has now got India’s tallest ATC tower at a height of 102 metres, to enhance the safety and boost the efficiency of air transport management services.

An Indian Army team successfully summited Mount Leo Pargyil (6773M) on 20th Aug 2019 after an extremely challenging climb in harsh weather, hoisting the National Flag atop Mt Leo Pargyil. The expedition was flagged in by Lieutenant General PM Bali, AVSM, VSM, COS, Western Command on 31 Aug 2019 at Jhakri near Rampur Bushar.

Prime Minister Narendra Modi unveiled the ‘Act Far East’ policy for Russia and announced that India will give a line of credit worth USD 1 billion for the development of Russia’s Far East region.

New Development Bank (NDB) will provide a loan of Rs 6,000 crore to Andhra Pradesh for various social infrastructure projects in the state.

Standard Chartered Bank has launched “DigiSmart” credit card focused primarily on the ever-growing segment of millennials. This credit card will offer instant discounts and benefits across key e-commerce categories of travel, entertainment, fashion, groceries and food delivery around the year.

Rating agency CRISIL has revised India’s fiscal year 2020 GDP growth forecast to 6.3%. CRISIL has lowered the GDP growth forecast from 6.9% to 6.3%. The growth was revised as the first-quarter growth rate of India reduced to a 25-quarter low of 5%.

India has pipped the Netherlands to move into the list of top ten countries in terms of total gold reserves. India ranks 10th.

Nobel Laureate from Bangladesh Professor Muhammad Yunus was conferred the ‘Lamp of Peace of Saint Francis ‘ award by the Vatican for his contribution towards establishing peace and harmony. The award is a recognition for distinguished work by an individual for promoting peace and dialogue among people.

Zimbabwe’s former president Robert Mugabe has passed away aged 95. Mugabe died in Singapore, where he has often received medical treatment in recent years.

The latest iteration of the India-Thailand Coordinated Patrol (Indo-Thai CORPAT) between the navies of the two countries, which seek to enhance bilateral ties and maritime cooperation, is being hosted from September 5 to 15 in Bangkok, Thailand.

Member-countries of the World Health Organisation (WHO) South-East Asia Region have resolved to eliminate highly infectious childhood killer diseases measles and rubella by 2023.

Microsoft India and the Central Board of Secondary Education (CBSE) have partnered to conduct capacity building programmes for high school teachers with an aim to integrate cloud-powered technology in K12 teaching. Meant for teachers of grades 8-10, the programme will be conducted in 10 cities across the country, starting 11 September 2019.

A new book, “Phoolpur: Indian Flowers, Their Myths, Traditions and Usage” written by Jhelum Biswas Bose is set to be released on September 8, 2019. It is published by Penguin India. The book’s foreword is written by actor Lisa Ray. The book explains the subtle power and meaning of different Indian flowers.