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December 2018 Week 4 CA Q-A

December 2018 Week 4 CA Q-A

December 2018 Week 4 CA Q/A PDF www.aspirantszone.com

A2Z CA Q/A PDF for upcoming exams December 2018 - Week 4

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Q1. What is the theme of this year’s National Consumer Day 2018? Answer: Timely Disposal of Consumer Complaints Explanation: The National Consumer Day was observed across on 24 December with the theme “Timely Disposal of Consumer Complaints”.

Q2. Who clinched the Maharashtra Kesari title 2018? Answer: Bala Rafique Shaikh Explanation: Bala Rafique Shaikh clinched the Maharashtra Kesari title by defeating Abhijeet Katke of Pune in the wrestling duel held at Azad Ground in Jalna,Maharashtra.

Q3. Who has become the fastest Asian to cycle the globe? Answer: Vedangi Kulkarni Explanation: Indian women Vedangi Kulkarni has become the fastest Asian to cycle the globe.

Q4. How many companies have been shortlisted by RBI to set up a digital public credit registry for capturing details of all borrowers and wilful defaulters? Answer: 6 Explanation: RBI has shortlisted 6 major IT companies, including TCS, Wipro and IBM India, to set up a digital public credit registry for capturing details of all borrowers and wilful defaulters.

Q5. Country’s first music museum will be set up in which state? Answer: Tamil Nadu Explanation: The country’s first music museum will be set up with assistance from the Central government in Thiruvaiyaru, Tamil Nadu.

Q6. PM Narendra Modi opened Buddhist site museum in which state? Answer: Odisha Explanation: One of the earliest Buddhist settlements in Odisha, Lalitgiri, where excavations have yielded ancient seals and inscriptions, has been converted into a museum. Prime Minister Narendra Modi inaugurated the museum through video conference from Bhubaneswar.

Q7. Prime Minister Narendra Modi released a stamp and a coin to commemorate the Paika Rebelion of 1817 in which state? Answer: Odisha Explanation: Prime Minister Narendra Modi released a stamp and a coin to commemorate the Paika Rebelion of 1817 in Odisha.

Q8. Recently, Nirupam Sen passed away. He was related to which field? Answer: Politician Explanation: Veteran Communist Party of India leader Nirupam Sen , credited as the architect of West ’s industrial drive during the Left Front rule, passed away at a city hospital after a prolonged illness. He was 72.

Q9. Former writer Nirendranath Chakraborty passed away. He was the writer of which language? Answer: Bengali Explanation: Sahitya Academy Award-winning Bengali writer Nirendranath Chakraborty, known for his beautiful poetry, passed away at a private hospital in .

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Q10. Legendary singer passed away. He was singer of which language? Answer: Bengali Explanation: Legendary Bengali singer Dwijen Mukhopadhyay, gifted with a resonant voice and considered the last surviving colossus of the golden generation of , passed away at his Salt Lake residence in Kolkata.

Q11. Recently, Jai Narain Prasad Nishad passéd away. He was related to which field? Answer: Politician Explanation: Former union minister Captain Jai Narain Prasad Nishad passed away at the age of 88.

Q12. Who was appointed as new MD and CEO of Corporation Bank? Answer: PV Bharathi Explanation: The government has appointed PV Bharathi as the Managing Director and Chief Executive of the Corporation Bank.

Q13. Which country recently launched its first messaging application “Bizbarde”? Answer: Turkmenistan Explanation: The repressive central Asian nation of Turkmenistan, where the likes of Facebook and Whatsapp are banned launched its first messaging application “BizBarde”.

Q14. Which state renamed all the Child Care Institutes being run in the state as “Jagannath Ashrams”? Answer: Haryana Explanation: Haryana Chief Minister Manohar Lal khattar announced to name all the Child Care Institutes being run in the state as “Jagannath Ashrams”.

Q15. Which state launched the “Bharat Ratna Atal Bihari Vajpayee International Schools” for students? Answer: Maharashtra Explanation: Marking the 94th birth anniversary celebrations of the late Prime Minister Atal Bihari Vajpayee, Maharashtra Chief Minister Devendra Fadnavis launched the “Bharat Ratna Atal Bihar Vajpayee International Schools” for students in mofussil areas.

Q16. On which river is India’s longest rail road Bogibeel bridge constructed? Answer: Brahmaputra Explanation: Prime Minister Narendra Modi inaugurated India’s longest rail road Bogibeel bridge, which is expected to reduce the distance between Assam and Arunachal Pradesh by around 700 kilometers, and the travel time from 24 hours to merely five hours. The overpass is a combined road and rail bridge over the River Brahmaputra.

Q17. Recently, Padma Shri awardee Sulagitti Narasamma passed away.She was related to which field? Answer: Social Worker Explanation: Social worker and Padma Shri awardee Sulagitti Narasamma passed away in Bengaluru.

Q18. Who was honored with Senco Gold and Diamonds,Swarna Samman Award at a star-studded event held in Kolkata? Answer: Mithali Raj Explanation: Mithali Raj, captain of the Indian women’s cricket team and the official ambassador for Rio Tinto’s Australian Diamonds programme, was honored with the Senco Gold and Diamonds,Swarna Samman Award at a star-studded event held in Kolkata.

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Q19. Who has taken over as India’s chief boxing coach? Answer: CA Kuttappa Explanation: Dronacharya awardee CA Kuttappa has taken over as India’s chief boxing coach.

Q20. The Power Ministry has decided to make all meters smart prepaid by which year? Answer: April 1, 2019 Explanation: The Power Ministry has decided to make all meters smart prepaid in three years from April 1,2019.

Q21. Mount Etna, Europe’s highest and most active volcano erupted recently.Where is Mount Etna located? Answer: Italy Explanation: Italy’s Mount Etna,Europe’s highest and most active volcano erupted , sending a huge column of ash into the sky and causing the closure of Catania airport on Sicily’s eastern coast.

Q22. Which playback singer was conferred with Mohammed Rafi Award? Answer: Usha Timothy Explanation: The Mohammed Rafi award, instituted by an NGO Spandan Arts headed by BJP chief Ashish Shelar, was bestowed upon late music composer Laxmikant Shantaram Kudalkar and playback singer Usha Timothy.

Q23. Recently,Dr Hamid Kashmiri passed away.He was related to which field? Answer: Writer Explanation: Dr Hamidi Kashmiri, the tallest literary figure in the world of Urdu language, literature and literary criticism passed away.

Q24. Which state Chief Minister was conferred the “Champions of Change” award? Answer: Manipur Explanation: Manipur Chief Minister N Biren Singh was conferred the “Champions of Change” award for exemplary leadership in bringing about transformation in governance.

Q25. As per government new e-commerce policy, a vendor will not be permitted to sell more than how much percent of its products on an online platform of a single e-marketplace firm? Answer: 25% Explanation: Tightening norms for e-commerce firms having foreign investment,the government barred online marketplace like Flipkart and Amazon from selling products of companies where they hold stakes and banned exclusive marketing arrangements that could influence product price. The policy says a vendor will not be permitted to sell more than 25% of its products on an online platform of a single e-marketplace firm.

Q26. Who will head the panel to review the economic capital framework of the central bank? Answer: Bimal Jalan Explanation: RBI, in consultation with the government, has set up a 6 member committee to review the economic capital framework of the central bank. Former RBI Governor Bimal Jalan will be the committee’s chairman and former Deputy Governor Rakesh Mohan deputy chairman.

Q27. Who became the first person to complete a solo trek across Antarctica without assistance of any kind? Answer: Collin O’Brady Explanation: An American adventurer has become the first person to complete a solo trek across Antarctica without assistance of any kind.Mr Collin O’Brady 33, took 54 days to complete the nearly 1,600km crossing of the frozen continent from north to south.

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Q28. 26th National Children’s Congress has been inaugurated in which city? Answer: Bhubaneshwar Explanation: The 26th National Children’s Congress has been inaugurated by the CM Shri Naveen Patnaik in Bhubaneshwar.

Q29. In which state, the Dwijing festival began? Answer: Assam Explanation: In Assam, the 3rd Dwijing festival, has begun on the bank of Aye river at Chirang district.

Q30. Indian railways developed which Robot to check for faults in trains? Answer: USTAAD Explanation: The mechanical branch of Central Railway’s Nagpur division has developed the robot named USTAAD (Undergear Surveillance Through Artificial Intelligence Assisted Droid) which examines parts of the coach in real time with a HD camera and transmits them over WiFi.

Q31. PM Lotay Tshering visited India on a three day official visit. He is the former PM of which country? Answer: Bhutan Explanation: PM of Bhutan Lotay Tshering reached New Delhi on a three-day official visit to India. The visit takes place during the Golden Jubilee year of the establishment of formal diplomatic relations between the two countries.

Q32. Who was crowned with Mrs. India My Identity Beauty Pageant 2018? Answer: Divya Patidar Joshi Explanation: The Mrs.India My Identity Beauty Pageant 2018 finale was held in New Delhi and Divya Patidar Joshi from Madhya Pradesh was crowned with the prestigious honour.

Q33. Which country is set to issue “Panda bonds” in Chinese currency? Answer: Pakistan Explanation: Pakistan’s cabinet has approved the issuance of first ever renminbi denominated bonds to raise loans from China’s capital markets as the country moved a step forward to give the Chinese currency a status at par with the US dollar.

Q34. National Human rights Commission launched which toll free number to file complaints through Common Services centre(CSC)? Answer: 14433 Explanation: The NHRC launched a toll free number and also a facility to file complaints through Common Services centre(CSC).Justice HL Dattu, the Chairperson of the National Human Rights Commission, unveiled the toll free number 14433 at a brief ceremony at the Manav Adhikar Bhawan, New Delhi.

Q35. President RN Kovind inaugurated the cenetenary celebrations of the Yoga Institute,the world’s oldest organized institute of yoga studies in which city? Answer: Mumbai Explanation: President RN Kovind inaugurated the cenetenary celebrations of the Yoga Institute,the world’s oldest organized institute of yoga studies, which turned 100 recently.

Q36. How much amount will be contributed by India to Bhutan for the 12th five year plan? Answer: Rs 4500 cr Explanation: India will contribute Rs 4500 crore to Bhutan for the 12th five year plan, announced Prime Minister

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Narendra Modi. The announcement comes during the official three-day visit of Bhutanese Prime Minister Lotay Tshering.

Q37. Former President Shehu Shagari passed away.He was the former President of which country? Answer: Nigeria Explanation: Former Nigerian President Shehu Shagari passed away in the country’s capital city of Abuja at the age of 93.

Q38. Who was named the Balkan Athlete of the Year? Answer: Luka Modric Explanation: Croatia captain Luka Modric was named Balkan Athlete of the Year becoming only the second soccer player to scoop the prize after Bulgaria’s former European Footballer of the Year Hristo Stoichkov in 1994.

Q39. RBI extended the enhanced single borrower limit facility for NBFCs sector to which date? Answer: Dec 31, 2018 Explanation: RBI extended the enhanced single borrower limit facility for NBFCs sector by another 3 months to provide much needed liquidity support. This facility was valid till December 31, 2018.

Q40. Which country piped China in FDI inflows for the first time in 20 years? Answer: India Explanation: For the first time in two decades, India has been getting more foreign investments that China.In 2018, India saw more than $38 billion of inbound deals compared with China’s $32 billion.

Q41. The RBI has increased the withdrawal limit for depositors of City Co-operative Bank ,Mumbai to how much amount? Answer: Rs 5000 Explanation: The RBI has increased the withdrawal limit for depositors of City Co-operative Bank ,Mumbai to Rs 5000.

Q42. RBI allowed SIDBI to use existing how much amount corpus for lending to Micro Financial Institutions(MFI)? Answer: Rs 1000 cr Explanation: India’s institutional framework to support microfinance would get a boost with RBI clearing a proposal to dig in an existing Rs 1000 crore corpus for funding micro lenders. The development bank will now use the money to offer soft loans to Micro Financial Institutions(MFI) on a condition that end borrowers should get loans at 15-17 % rate, which is significantly lower than the prevailing 20-22% market rate.

Q43. By which date and year, all motor vehicles will come fitted with tamper proof high security registration plates? Answer: April 1, 2019 Explanation: All motor vehicles will come fitted with tamper proof high security registration plates from April 1 to protect against counterfeiting.

Q44. Prime Minister Narendra Modi inaugurated the 6th IRRI South Asia Regional Centre in which city? Answer: Varanasi Explanation: Prime Minister Narendra Modi inaugurated the IRRI South Asia Regional Centre at the campus of National Seed Research and Training Centre in Varanasi.

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Q45. Recently, Mrinal Sen passed away. He was related to which field? Answer: Filmmaker Explanation: Celebrated filmmaker Mrinal Sen passed away due to cardiac arrest at his residence in West Bengal’s Bhowanipore.

Q46. Who was presented the National Systems Gold Medal by the Systems Society of India? Answer: K Sivan Explanation: ISRO Chairman K Sivan was presented the National Systems Gold Medal by the Systems Society Of India during the 42nd National Systems Conference held in Thiruvananthapuram.

Q47. The 12th Global Healthcare Summit was held in which city? Answer: Mumbai Explanation: The President of India, Shri Ram Nath Kovind, inaugurated the 12th Global Healthcare Summit organized by the American Association of Physicians of Indian Origin in Mumbai.

Q48. 106th Indian Science Congress 2019 will be held in which city? Answer: Jalandhar Explanation: Prime Minister Narendra Modi will inaugurate Indian Science Congress 2019 in Jalandhar, Punjab on 3rd January. This will be the 106th edition and theme will be “Future india:Science and Technology”.

Q49. 26th International Camel Festival will be held in which city? Answer: Bikaner Explanation: Activities such as fur cutting, camel decoration, designing among others would be organised at the 26th International Camel festival, which will be held on January 12 and 13 in Bikaner.

Q50. Who will head the panel that has been setup to suggest parameters for an equitable distribution of OBC reservation? Answer: G Rohini Explanation: Justice G Rohini(retd), who is heading the five member panel, set up to suggest parameters for an equitable distribution of OBC reservation.

Q51. According to RBI “Trends and Progress of Banking in 2017-18 report”,the number of ATMs has declined marginally to how much in FY 18 from 2.08 lakh in FY17? Answer: 2.07 lakh Explanation: The number of ATMs has declined marginally to 2.07 lakh in FY18 from 2.08 lakh in FY17, primarily due to branch rationalisation by a few public sector banks,RBI said in its annual report. In FY18, the number of ATMs of state-run banks declined to 1.45 lakh from 1.48 lakh in FY17,” the RBI said in the “Trends and Progress of Banking in 2017-18 report”.

Q52. The Champaran festival was celebrated in which state? Answer: Tamil Nadu Explanation: The unique Champparam festival was celebrated with traditional rituals and festivities in the famous Madurai meenakshi temple in Tamil Nadu.

Q53. Which country announced 2019 as the “Year of Active Investment and Social Development” ? Answer: Uzbekistan Explanation: Uzbekistan Shavkat Mirziyoyev in his annual address to the Parliament announced 2019 as the “Year

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of Active Investment and Social Development” in the backdrop of proposed investments from India to boost economy of this Central Asian country.

Q54. Which Chinese space probe is moving into position to land on the dark side of the moon for the first time? Answer: Chang’e 4 Explanation: A Chinese space probe is moving into position to land on the dark side of the moon for the first time. The probe,the Chang’e-4, entered a planned orbit “to prepare for the first ever soft landing on the far side of the moon”.

Q55. According to Trends and Progress Report, for the claims admitted on 21 accounts in NCLT for amount of Rs 99 billion, how much recovery has been done? Answer: Rs 49 billion Explanation: Recovery of Indian Banks improved in 2017-18 after the implementation of the Insolvency and Bankruptcy Code and amendment of the Sarfaesi act, according to the Trends and Progress Report.The central bank corrected data for the IBC recovery. For the 701 cases admitted under the NCLT, and claims admitted on 21 accounts for an amount of Rs 99 billion, the recovery has been Rs 49 billion, indicating a haircut of about 50 per cent.

Static GK Questions Based on Current Affairs

Q1. Where is the HQ of Bureau of Energy Efficiency? Answer: New Delhi

Q2. Where is the HQ of Wipro? Answer: Bengaluru

Q3. In which state is Sri Krishna Matha situated? Answer: Karnataka Udupi Sri Krishna Matha is a famous Hindu temple dedicated to god Krishna and Dvaita Matha located in the city of Udupi in Karnataka, India.

Q4. What is the currency of Turkmenistan? Answer: Manat

Q5. Where is the HQ of Corporation Bank? Answer: Mangalore

Q6. When was Corporation Bank founded? Answer: 1906

Q7. What is the currency of Italy? Answer: Euro

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Q8. What is the capital of Italy? Answer: Rome

Q9. Where is the HQ of RBI? Answer: Mumbai

Q10. What is the currency of Thailand? Answer: Baht

Q11. What is the currency of Bhutan? Answer: Ngultrum

Q12. Where is the HQ of International Whaling Commission? Answer: England

Q13. Where is the HQ of National Human rights Commission? Answer: New Delhi

Q14. What is the capital of Bhutan? Answer: Thimphu

Q15. Where is the HQ of Bureau of Civil Aviation Security? Answer: New Delhi

Q16. Where is the HQ of United Bank of India? Answer: Kolkata

Q17. Where is the HQ of SIDBI? Answer: Lucknow

Q18. Where is the HQ of ICICI Bank? Answer: Mumbai

Q19. Where is the HQ of Infrastructure Leasing and Financial Services? Answer: Mumbai

Q20. Who is the new CM of Madhya Pradesh? Answer: Kamal Nath

Q21. Where is the HQ of ISRO? Answer: Bengaluru

Q22. What is the currency of Uzbekistan? Answer: Some

Q22. Where is the HQ of National Disaster Response Force? Answer: Chennai

Q22. Where is the HQ of Microsoft? Answer: Redmond, USA

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VISIT www.aspirantszone.com for New Pattern Questions in each section.

QUIZ ZONE:

 Quantitative Aptitude  Reasoning  English  Computer  Weekly CA Quiz  Daily Current Affairs Quiz  Static GK  Banking Awareness  Union Budget 2018-19 Quiz

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