January 2018 Week 1 CA Q/A PDF
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January 2018 Week 1 CA Q/A PDF www.aspirantszone.com A2Z CA Q/A PDF for upcoming exams January 2018 - Week 1 www.aspirantszone.com www.aspirantszone.com|Download AspirantsZones Mobile App | Like us on Facebook January 2018 Week 1 CA Q/A PDF www.aspirantszone.com Q1. Which cricket team won the 2017-18 Ranji Trophy tournaments? Answer: Vidarbha Explanation: Vidarbha have created history by winning the Ranji Trophy for the first time with a thumping nine- wicket win over Delhi at the Holkar Stadium in Indore, Madhya Pradesh. Q2. In line with United States, which country has also filed a notice to withdraw its membership from the United Nations Educational, Scientific and Cultural Organization (UNESCO)? Answer: Israel Explanation: Israel has filed notice to withdraw from the UNESCO alongside the United States. Israel has blasted UNESCO in recent years over the organisations criticism of Israels occupation of East Jerusalem and its decision to grant full membership to Palestine in 2011. Israel was the member of UNESCO since 1949. Both Israel and the US have filed its own withdrawal notice in October 2017. Q3. Name the player to win the Men’s 10m Air Pistol Gold at the 61st National Shooting Championship (NSCC)? Answer: Shahzar Rizvi Explanation: Shooter Shahzar Rizvi won the Mens 10m Air Pistol Gold at the 61st National Shooting Championship (NSCC), at the Karni Singh Shooting Range in Delhi. Q4. The state government of Andhra Pradesh has declared which year as Telugu Promotion Year for the development of the language? Answer: 2018 Explanation: Andhra Pradesh Chief Minister N. Chandrababu Naidu declared 2018 as Telugu promotion year. We can preserve our culture and tradition through language only. We have to prevent the deterioration of Telugu language. I declare this year as Telugu language development year, Naidu said. Q5. Who has been named to be the next Foreign Secretary of India to succeed S. Jaishankar who retires on 28 January? Answer: Vijay Keshav Gokhale Explanation: The government announced the appointment of Vijay Keshav Gokhale, former ambassador in Beijing, as the new Foreign Secretary to replace S. Jaishankar who retires on January 28. He will take over from Jaishankar who was appointed Foreign Secretary on January 29, 2015, for two years and given a one-year extension in January last year. Q6. Who has recently been appointed as the new Prime Minister of Mali? Answer: Ibrahim Boubacar Keita Explanation: Mali President Ibrahim Boubacar Keita appointed Soumeylou Boubeye Maiga – a former defence and foreign minister and intelligence chief – as the new prime minister. Q7. Recently the National Bank for Agriculture and Rural Development (Amendment) Bill, 2017 was passed in the Parliament with the approval of Rajya Sabha. This Bill seeks to amend Answer: National Bank for Agriculture and Rural Development Act, 1981 Explanation: Parliament has passed the National Bank for Agriculture and Rural Development (Amendment) Bill, 2017 with the Rajya Sabha approving it. The Bill seeks to amend the National Bank for Agriculture and Rural Development Act, 1981. Q8. The National Bank for Agriculture and Rural Development (Amendment) Bill, 2017 is aimed to increase the authorised capital of NABARD from present Rs 5,000 crore to Rs ______ crore Answer: Rs 30,000 crore www.aspirantszone.com|Download AspirantsZones Mobile App | Like us on Facebook January 2018 Week 1 CA Q/A PDF www.aspirantszone.com Explanation: The National Bank for Agriculture and Rural Development (Amendment) Bill, 2017 allows the central government to increase the authorised capital of the Bank from 5 thousand crore rupees to 30 thousand crore rupees Q9. In an effort to encourage more people towards cashless transaction, Indian Government has waived off any transaction charges for payments made by digital means up to Rs ______ with effect from January 1, 2018 Answer: Rs 2,000 Explanation: Customers will not have to pay any transaction charges for payments through debit card, BHIM app and other payment made for up to Rs 2,000 from January 1, 2018. The merchant discount rate (MDR) will be borne by the government for two years with effect from January 1, 2018 by reimbursing the same to banks. Q10. The world’s largest refinery off the gas cracker (ROGC) complex has recently been commissioned by the Reliance Industries Limited (RIL) in which state? Answer: Jamnagar, Gujarat Explanation: Reliance Industries Limited (RIL) has successfully commissioned its refinery off-gas cracker (ROGC) complex of 1.5 million tonnes per annum (MTPA) capacity along with downstream plants and utilities in Jamnagar, Gujarat. The company said that it is the worlds first ROGC. Q11. Who has been ranked as India’s highest- ranked tennis player in the latest International Table Tennis Federation (ITTF) rankings for men? Answer: G Sathiyan Explanation: G Sathiyan has surpassed the legendary Sharath Kamal to become Indias highest- ranked player in the International Table Tennis Federation (ITTF) rankings, which also have an unprecedented nine players in the top-100. Q12. Name the web portal launched by the Union Minister for Women and Child Development, Maneka Gandhi, for the benefit of women Answer: NARI Explanation: Union Minister for Women and Child Development Maneka Gandhi launched a web portal, NARI, which will provide information on all government schemes for women. Users can log on to www.nari.nic.in to access information on different programmes offered by various state governments as well as the Centre. The NARI portal carries details on 350 different schemes for women and will be updated from time to time. Q13. Name the bank which has partnered with the state government of Rajasthan to promote and nurture startups in the state Answer: HDFC Bank Explanation: HDFC Bank has announced a partnership with Rajasthan Government to promote and nurture startups in the state. Under this partnership, HDFC Bank will team up with the state government to provide end- to-end solutions like current accounts, credit cards and other solutions to startups under its SmartUp programme. Q14. The eminent Urdu poet, ________, well known to translate Bhagavad Gita from Hindi to Urdu passed away recently Answer: Anwar Jalalpuri Explanation: Eminent Urdu poet Anwar Jalalpuri, also known for his translation of the Bhagavad Gita from Hindi to Urdu, has passed away. Q15. The surface-to-surface Harba Naval Cruise Missile was successfully test fired by which country on January 3, 2018 to demonstrate its high tech weaponry? www.aspirantszone.com|Download AspirantsZones Mobile App | Like us on Facebook January 2018 Week 1 CA Q/A PDF www.aspirantszone.com Answer: Pakistan Explanation: The Pakistan Navy demonstrated its ability to respond to any aggression by conducting a test fire of a cruise missile – Harba Naval Cruise Missile, which is a surface-to-surface anti-ship missile, from its newly commissioned Fast Attack Craft (Missile), PNS Himmat, off Karachi in the North Arabian Sea. Q16. What is the expected growth rate of India’s GDP for the year 2018-19 according to the latest HSBC report? Answer: 7.0 Percent Explanation: According to an HSBC report, Indias GDP growth rate is expected to accelerate to 7.0 per cent in 2018-19 from 6.5 per cent in this fiscal and improve further to 7.6 per cent by 2019-20 as key sectors would revive from disruptions related to the implementation of GST and demonetisation. Q17. Which Payments Bank has signed an MoU with the Indian Institute of Corporate Affairs (IICA) for the training of employees of the bank in the area of payment banking? Answer: India Post Payments Bank Explanation: The Indian Institute of Corporate Affairs (IICA) and India Post Payments Bank signed an agreement for the training of employees of the latter in the area of payment banking. Q18. The Asia’s longest bi-directional Zojila Pass Tunnel has been approved for construction in which state of India by the Union Cabinet? Answer: Jammu and Kashmir Explanation: Cleared the Rs 6,808.69 crore strategic Zojila Tunnel project to provide all-weather connectivity to Kargil and Leh in Jammu and Kashmir which remain cut off from the rest of the country during the winter season. Q19. The central bank of which country has recently approved to replace US Dollar with Yuan for bilateral trade with China? Answer: Pakistan Explanation: The central bank of Pakistan gave its green signal to using the Chinese currency, Yuan, for bilateral trade with China. The decision came just a day after US President Donald Trump vowed to stop all aid to Islamabad. Adoption of the Yuan would mean that Pakistan and China would be able to replace the US dollar for transactions in China Pakistan Economic Corridor (CPEC) projects. Q20. The actor-director Ananta Ojha died recently. He was veteran actor of which language? Answer: Odia Explanation: Noted Odia playwright, jatra actor and director Ananta Ojha has passed away following a prolonged illness. Q21. Who has recently been appointed as a Government interlocutor to hold talks with the United Liberation Front of Assam (ULFA)? Answer: AB Mathur Explanation: The Central Government has appointed AB Mathur as the interlocutor on their behalf to hold talks with the United Liberation Front of Assam (ULFA). A 1975-batch IPS officer, Mathur served as the former Special Secretary of Research and Analysis Wing (RAW). Q22. Who has been sworn in as the Deputy National Security Adviser (NSA) by the Union Government? Answer: Rajinder Khanna Explanation: The Central Government has appointed former RAW Chief Rajinder Khanna as the Deputy National Security Adviser (NSA). He will assist the National Security Advisor Ajit Doval, who is also a former RAW chief. www.aspirantszone.com|Download AspirantsZones Mobile App | Like us on Facebook January 2018 Week 1 CA Q/A PDF www.aspirantszone.com Q23.