Weekly CA Quiz: September 2019 4th week with PDF

A national e-assessment centre (NeAC) will be set up in the national capital as part of the government’s ambitious plan to launch faceless and nameless assessment for income tax payers from next month.

India’s Immediate Payment Service (IMPS) has been rated as the world’s best real-time payment service in an analysis of 54 countries that have similar facilities.

Bank of Baroda has launched an agri digital platform named “Baroda Kisan”. It is a web-based portal that can also be accessed by farmers via mobile.

Max Bupa, a standalone health insurance player, has announced a bancassurance corporate agency agreement with Indian Bank, a state-owned bank.

German racing driver Sebastian Vettel won the Formula 1 Singapore Airlines Singapore Grand Prix 2019 at Marina Bay Street Circuit, Singapore . The four-time Formula One world champion celebrated his 53rd career win with this.

Madhya Pradesh government will appoint filmstar Govinda as brand ambassador to promote state’s traditions and tourist places. The state government plans to promote Madhya Pradesh as a destination for film making.

Shondol dance, which is known as the royal dance of Ladakh, has created history by entering into the Guinness Book of World Records as the largest Ladakhi dance. Shondol is a famous dance, which artistes used to perform for the king of Ladakh.

NDTV’s Senior journalist and Ramon Magsaysay awardee Ravish Kumar received the first Gauri Lankesh Memorial Award in Bengaluru.

Book titled Turbulence and Triumph: The Modi Years authored by Rahul Agarwal and Bharathi S Pradhan is set to release on October 2019. It is published by Om Books International.

International Day of Sign Languages is celebrated annually across the world on 23 September every year along with International Week of the Deaf.This International Day recognizes the importance of sign languages for achieving the Sustainable Development Goals and fulfilling its core promise of leaving no one behind. It also offers an opportunity to support and protect the linguistic identity and cultural diversity of all sign language users.The theme of International Day of Sign Languages 2019 is ‘Sign Language Rights for All!’

India has set the goal of eradicating the Tuberculosis by 2025, Prime Minister Narendra Modi said, noting that the dateline is five years ahead of that set by the United Nations under its sustainable development goals.

Deputy Chief Minister Manish Sisodia flagged off ‘Anaemia Mukt’ vans as part of the Anaemia Mukt Bharat, a centre-run programme.

Chief Minister Arvind Kejriwal said that Delhi government has become the first government in the country to implement the Street Vendors Act.

The 21st session of the Food and Agriculture Organisation (FAO) and World Health Organisation (WHO) Coordinating Committee was held in Panaji, Goa.

India and the United States are set to hold their first tri-services exercise codenamed Tiger Triumph at Visakhapatnam and Kakinada in November this year.

Prime Minister Narendra Modi inaugurated Eternal Gandhi Museum in Houston, USA. The Eternal Gandhi museum will be a prized cultural landmark in Houston.

Indian tennis player Divij Sharan clinched the men’s doubles title in ATP Tour tennis tournament in St. Petersburg, Russia. Divij Sharan Open with partner Igor Zelenay from Slovakia.

Argentine star Lionel Messi bagged his sixth FIFA Men’s Player of the Year award while US’ Megan Rapinoe, who captained her team to victory in this year’s World Cup, has been named Women’s Player of the Year.

Former India cricketer Madhav Apte has passed away at the age of 86. In his seven Tests for India in 1952-53, Apte averaged 49.27, the highlight being a match-saving, unbeaten 163 against West Indies in Port of Spain.

Science and Technology and Health Minister Dr Harsh Vardhan launched ‘UMMID’ (Unique Methods of Management and treatment of Inherited Disorders) initiative to tackle inherited genetic diseases of newborn babies.

Delhi Chief Minister Arvind Kejriwal announced the ‘Mukhyamantri Kirayedaar Bijli Meter Yojna’ for the tenants living in Delhi, under which 200 units of electricity will be free.

Assam Chief Minister Sarbananda Sonowal formally launched the ‘Free Drugs Scheme’ for 651 tea garden hospitals of the state at a National Health Mission programme.

Prime Minister Narendra Modi inaugurated a 50 kilowatt ‘Gandhi Solar Park’ at the Headquarters of the United Nations in New York, USA.

The Bill and Melinda Gates Foundation honoured Prime Minister Narendra Modi with the Global Goalkeeper Award for his contributions to the cleanliness drive and efforts to “improve access to sanitation in India through Swachh Bharat Abhiyaan.

The Asian Development Bank (ADB) has revised its outlook for India’s economy with growth now expected at 6.5 per cent in fiscal year (FY) 2019, following weaker expansion in the first quarter of the year with slower growth in consumption and investment affecting the manufacturing and service sectors.

With less than a year to go for the Tokyo Olympics, South Korea’s Kim Ji Hyun has stepped down from her position as India’s women’s singles badminton coach to attend to her ailing husband in New Zealand.

India’s Laxman Rawat survived a spirited fightback from Pakistan’s Muhammad Asif to win 6-5 and clinch the IBSF World 6Reds title in Mandalay, Myanmar.

Nilesh Shah, Managing Director of Kotak Asset Management Company (AMC), has been appointed as the new chairman of the Association of Mutual Funds in India (Amfi), with immediate effect.

Megastar Amitabh Bachchan has been selected for the prestigious Dadasaheb Phalke Award, Union Minister Prakash Javadekar announced.

Pooja Desai, a house-wife from Vadodra, Gujarat has been crowned as Mrs India 2019. She emerged victorious after competing with over 4, 500 participants across the country.

As many as 17 Indian companies, including Infosys, TCS and HDFC, have been named in the list of World’s Best Regarded Companies compiled by Forbes.IT major Infosys has been ranked third in the list of World’s Best Regarded Companies, along with global payments technology company Visa and Italian car-maker Ferrari on the first and second position, respectively.

An octogenarian sharpshooter, a priest, a spy and a warrior princess are some of the awe-inspiring Indian women whose stories will be part of a new book, ‘Girl Power: Indian Women Who Broke The Rules’. Written by author Neha J Hiranandani, the book details the struggles and achievements of 50 remarkable women, complemented with illustrations by Niloufer Wadia.

According to an official release, Bibek Debroy and Ratan P Watal will continue to be the Chairman and Member Secretary, respectively of the reconstituted EAC-PM (Economic Advisory Council to Prime Minister).

India on Wednesday (local time) extended a grant of USD 150 million as Line of Credit to the member states of the Caribbean Community and Common Market (CARICOM) for climate conservation projects.

Defence Minister Rajnath Singh commissioned the ICGS Varaha, the fourth in the series of seven 98-m Offshore Patrol Vessels (OPV) of the Indian Coast Guard (ICG) at the Chennai port.

The 23rd edition of trilateral maritime exercise ‘Malabar’ between navies of India, Japan and the US began off the coast of Japan. Malabar 2019 would endeavour to further strengthen India-Japan-US naval cooperation and enhance interoperability, based on shared values and principles.

The starfish-shaped Beijing Daxing International Airport (PKX) built at a cost of about $17.5 billion was opened by Chinese President Xi Jinping. PKX is spread over an area of 700,000 square metres and has four runways.

International Association of Athletics Federation (IAAF) announced that Sebastian Coe from UK has been elected as its President for the second term during the 52nd IAAF Congress in Doha.

Payal Jangid, a 17-year-old campaigner against child labour and child marriage in Rajasthan, was given the Changemaker Award by the Bill and Melinda Gates Foundation.

The SASTRA Ramanujan prize for 2019 will be awarded to UK mathematician Adam Harper, Assistant Professor with the University of Warwick, England.

Tollywood actor and comedian Venu Madhav has passed away. He was undergoing treatment for Kidney related issues.

Union Minister of State for Home Affairs G Kishan Reddy said that all emergency and helpline numbers in the national capital have been integrated and one single helpline number — 112 — has been introduced, which will be operational across the country very soon.

With an aim to spread awareness about child and woman’s nutrition, Women and Child Development and Mission Shakti Department in collaboration with the UNICEF unveiled a mascot named ‘Tikki Mausi’ in Odisha.

Jammu and Kashmir has become the first state in the country to issue highest number of golden cards under Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana (AB-PMJAY). Over 11 lakh golden cards have been generated within first 90 days of the launch of the scheme with 60% families having at least one golden card which is highest in the country.

Bhopal metro will be named after ‘Raja Bhoj’ and known as ‘Bhoj Metro‘, announced the Chief Minister Kamal Nath. The first phase of the metro rail network Madhya Pradesh’s Bhopal and Indore will be operational by the beginning of 2023.

The Assam Government has launched a housing loan subsidy scheme ‘Aponar Apon Ghar’ to provide financial assistance on purchase or construction of the first house for a family.

A memorandum of understanding (MoU) was signed among Defence Research and Development Organisation (DRDO), Ministry of Defence and Central University of Jammu (CUJ) for the establishment of Kalam Centre for Science and Technology (KCST) at the university.

World Economic Forum’s (WEF) annual meeting 2020 will be held in Davos, Switzerland where it is scheduled from January 21-24, 2020.

Japan has launched an unmanned spacecraft towards the International Space Station. The H-2B rocket lifted off with cargo vessel Kounotori8.

The Asian Development Bank (ADB) lowered growth projection for India by 50 basis points or half a percentage.

The International Cricket Council (ICC) announced a partnership with social media giant Facebook for carrying out a range of digital content across four years.

The world athletics governing the body, International Association of Athletic Federations, IAAF, honoured the Indian track and field legend PT Usha with a Veteran Pin in recognition of her contribution to the growth of the sport.

Haryana defeated Uttar Pradesh 5-4 in a high-octane final to win the combined men and women category at third Hockey India 5-a-side Senior National Championship at the Hockey Complex, Green Park Stadium in Kanpur, Uttar Pradesh.

Army Chief General Bipin Rawat has taken over as the new Chairman of Chiefs of Staff Committee (COSC) from the outgoing Air Chief BS Dhanoa.

Payment technology company Visa announced that it has signed up world badminton champion Pusarla Venkata Sindhu (PV Sindhu) as its brand ambassador for two years. Besides promoting the brand through advertising campaigns, Sindhu has also become an athlete member of Team Visa for the Olympic Games Tokyo 2020.

International Monetary Fund (IMF) has elected Bulgarian economist Kristalina Georgieva as its new chief, continuing the tradition of a European holding the role while also becoming the first leader from an emerging market.

Former president Pranab Mukherjee released the book ‘Reset: Regaining India’s Economic Legacy’ written by BJP MP Subramanian Swamy that tracks the country’s economic development over the years and offers solutions for future growth.

Dr. Harsh Vardhan, Union Minister for Health and Family Welfare launched the new TB Harega Desh Jeetega Campaign, along with the National TB Prevalence Survey.

Union Minister for Micro, Small and Medium Enterprises and Road Transport & Highways Nitin Gadkari inaugurated the 16th Global SME Business Summit 2019 in New Delhi. He said that reducing the cost of capital, logistics and power are crucial for making the Indian MSME sector globally competitive.

Union Defense Minister Rajnath Singh launched the warship Nilgiri, which is the first ship of Project 17A in Mumbai, Maharashtra. The stealth frigate, Nilgiri, is made with the co-ordination of Mazagon Dockyard Limited and Garden Reach Shipbuilders and Engineers with the Indian Navy, DRDO, and other public and private partners.

HDFC Bank, India’s largest private lender by market value has become the nation’s most valuable brand for the sixth year in a row in 2019.

Prime Minister Narendra Modi met leaders of the Pacific Islands Developing States (PSIDS) on the sidelines of the UNGA session in New York. Prime Minister highlighted the need for development policies to be inclusive and sustainable to reduce inequality and contribute to empowerment and improvement of the quality of people’s lives.

The Reserve Bank of India (RBI) has initiated prompt corrective action for the troubled Lakshmi Vilas Bank (LVB), a day after the private lender said that the Economic Offences Wing of Delhi Police is probing allegations of cheating and criminal breach of trust against its directors of the board.

India has advanced four places to 44th position in terms of digital competitiveness in the world as the country has made improvement in terms of knowledge and future readiness to adopt and explore digital technologies, according to IMD World Digital Competitiveness Ranking 2019 (WDCR).

The United Nations Conference on Trade and Development (UNCTAD) has forecast India’s growth to moderate to 6% in 2019 from 7.4% in 2018 due to lower-than-targeted tax collections and limited public spending. UNCTAD said this in its Trade and Development 2019 report released recently.

Defending champion Manipur have clinched the title of the 25th Senior Women’s National Football Championship for the 20th time at CHF Ground in Pasighat, Arunachal Pradesh. Manipur defeated Railways 1-0 in a thrilling contest.

England wicket-keeper batswoman Sarah Taylor announced her retirement from the international cricket.

World Environmental Health Day is celebrated every year on September 26. The International Federation of Environmental Health declares that climate change impacts vulnerable communities and calls for global assistance in aims of building environmental health.The theme in 2019 is “Climate change challenges, time for global Environmental Health to act in unison.”

Union Sports and Youth Affairs Ministry sanctioned Rs 7.87 crore as an out-of-pocket allowance for 2625 Khelo India (KI) athletes. These athletes are training in 99 Khelo India Academies and other academies across the country.

Marking the beginning of Sharath Ruthu, the nine-day floral festival of Telangana, Bathukamma has begun. This year the festival is being celebrated from September 28 to October 6.

India’s second Kalvari-class Submarine INS ‘Khanderi’ was commissioned into the Indian Navy in a ceremony held at the Mazagon Docks in Mumbai by the Union Defence Minister Rajnath Singh.

An Indian Airforce Mi-17 helicopter took part in the Indo-Thailand Joint exercise ‘Maitree’ at Umroi Military station in Meghalaya.

In the middle of its two-month Chandrayaan-2 campaign, the Indian Space Research Organisation (ISRO) initiated ‘Project NETRA’ – an early warning system in space to detect debris and other hazards to Indian satellites.

Suresh Chitturi, Vice Chairman and Managing Director of Srinivasa Farms, has been appointed as Chairman of International Egg Commission.

Vice President, M. Venkaiah Naidu presented the 28th Saraswati Samman to Dr. K. Siva Reddy at the presentation ceremony organized by the KK Birla Foundation in New Delhi.

Award-winning author Siddharth Dhanvant Shanghvi will come out with a memoir on death and grief, drawing on a string of personal losses – of his parents and a beloved pet.

Since 2016 UNESCO marks 28 September as the “International Day for Universal Access to Information” (IDUAI), following the adoption of the 38 C/Resolution 57. The day had been recognised as International Right to Know Day since 2002 and was developed by international civil society advocates into its current form beginning in 2012.The theme of 2019 International Day for Universal Access to Information is “Leaving No One Behind!”

World Rabies Day is celebrated annually on 28 September to raise awareness about rabies prevention and to highlight progress in defeating this horrifying disease.28 September also marks the anniversary of Louis Pasteur’s death, the French chemist and microbiologist, who developed the first rabies vaccine.The theme of World Rabies Day is ‘Rabies: Share the message. Save a life’.

7th World Hindu Economic Forum (WHEF) 2019 was held in Mumbai, Maharashtra. The theme of (WHEF) 2019 “Prosperous Society: Stronger Society” to bring together financially successful members in Hindu society such as traders, bankers, technocrats, investors, industrialists to share business knowledge, expertise and resources with their fellow brethren.

Dashain, also known as Bada Dashain, the greatest and the longest festival observed by Hindus in Nepal formally began with Ghatasthapana.

India U-18 defeated Bangladesh by 2-1 in the final of SAFF U-18 Championship 2019 to lift the title. The championship took place in Kathmandu, Nepal.

Indian Tennis player Sumit Nagal clinched the Buenos Aires Challenger Tournament after beating home favourite Facundo Bognis in the men’s singles final.

The International Astronomical Union (IAU) has named an asteroid, discovered in 2006, after Indian classical singer Pandit Jasraj.

Veteran Hindi and Marathi actor Viju Khote, who feebly mouthed the iconic dialogue “Sardar, maine aapka namak khaya hai” as Kalia to Amjad Khan’s notorious Gabbar in cult classic “Sholay”, passed away. He was 77.

World Heart Day is celebrated on 29th September of every year. It is aimed at drawing people’s attention to heart illness and the range of associated health issues. The day is commemorated to promote different preventative steps and changes in lifestyle to avoid any cardiovascular diseases, like heart attack, stroke, heart failure and any other condition related to the same.The theme for the World Heart Day 2019 is “My Heart, Your Heart”.