February 2018 Week 2 CA Q/A PDF www.aspirantszone.com A2Z CA Q/A PDF for upcoming exams February 2018 - Week 2 www.aspirantszone.com υ www.aspirantszone.com|Download AspirantsZones Mobile App | Like us on Facebook February 2018 Week 2 CA Q/A PDF www.aspirantszone.com Q1. Which state will host the 7th Annual India Golf Expo in April 2018? Answer: Karnataka Explanation: The Golf Industry Association (GIA) announced that the 7th Annual India Golf Expo will be held on April 20 and 21 in Bengaluru, Karnataka. The two-day expo will bring together experts from different domains, drawn from across the globe to share knowledge and best practices for the development and sustenance of the sport in the country. Q2. How much amount has been allocated towards the Prime Minister͛s Research Fellows͛ (PMRF) scheme in the Union Budget 2018-19? Answer: Rs 1,650 crore Explanation: The Union Cabinet chaired by Prime Minister Narendra Modi approved the implementation of the Prime Ministers Research Fellows (PMRF) scheme with an outlay of Rs 1,650 crore for seven years beginning 2018-19. Under the scheme, best students who have completed or are in the final year of B. Tech or Integrated M. Tech or M. Sc. in Science and Technology streams from IISc/IITs/NITs/IISERs/IIITs will be offered direct admissions in Ph. D. programmes in the IITs/IISc. The scheme is aimed at tapping the national talent pool for indigenous research in cutting-edge science and technology domains. Q3. The GST Council has lowered the GST rate on admission to amusement parks and ballet among other entertainment spots from earlier 28 percent to _____ percent Answer: 18 Percent Explanation: In its Meeting held on 18th January, 2018, the GST Council had recommended reduction of GST rate on services by way of admission to Amusement Parks including theme parks, water parks, joy rides, merry-go-rounds, go- carting and ballet from 28% to 18%. These services hitherto attracted GST @ 28%. Q4. How much amount has been allocated by the Government of India to West Bengal government for electrification of 881 km of rail network in the state? Answer: Rs 771.54 crore Explanation: The Union Budget tabled by Finance Minister Arun Jaitley has allotted Rs 771.54 crore for electrification of 881 km of rail network in West Bengal. The electrification plans would cover all three railway zones – Eastern Railway, South Eastern Railway and North East Frontier Railway – which run through the state Q5. Which country has become the first country of the world to legalize and then repeal same-sex marriage? Answer: Bermuda Explanation: Bermuda has become the first country to legalise and then repeal same-sex marriage, in what critics have called an unprecedented rollback of civil rights by the British island territory. Q6. Well known artist and director Sudha Karmarkar who passed away recently belonged to which state? Answer: Maharashtra Explanation: Veteran theatre artist, director, and pioneer of Childrens Theatre in Maharashtra, Sudha Karmarkar passes away. She was 83. Karmarkar founded the childrens theatre in Mumbai which is known as Bal Rangbhumi- Little Theatre and directed various plays for children. Q7. Mobile App named ͚Pollution Metre͛ has been launched by which state to spread awareness against pollution in the state? Answer: Madhya Pradesh Explanation: The Madhya Pradesh government launched a mobile application pollution metre to spread awareness against pollution in the western part of the state. It has been developed with the help of a private firm and the Madhya Pradesh Pollution Control Board. With the help of the app, anybody can check the status of air, water and noise pollution in their respective areas. φ www.aspirantszone.com|Download AspirantsZones Mobile App | Like us on Facebook February 2018 Week 2 CA Q/A PDF www.aspirantszone.com Q8. Who has been appointed as the brand ambassador of Muthoot Group? Answer: Amitabh Bachchan Explanation: The Muthoot Group has roped in Amitabh Bachchan as brand ambassador to represent them in their national campaigns. Q9. Name the web portal and the mobile App launched by the Ministry of Power for the better management of fly ash produced by thermal power plants Answer: ASH TRACK Explanation: Power Ministry launched a web-based monitoring system and a fly-ash mobile application. It will act as an interface between producers and consumers. The ASH TRACK Mobile App will manage 200 million tonnes of fly ash by tracking coal-based power plants situated within 100 km and 300 km from given location and availability of fly ash. Q10. What is the rank of India in the 2018 Global Intellectual Property (IP) index? Answer: 44 Explanation: India has substantially improved its ranking, to 44, in the latest Global Intellectual Property (IP) index released by the US Chambers of Commerce. Indias overall score is 30 per cent (12.03 out of 40) in the latest edition of the index. Q11. Name the women entrepreneurs who has been appointed as the first independent female director of International Cricket Council (ICC) Board? Answer: Indra Nooyi Explanation: PepsiCo Chairman and CEO Indra Nooyi has been appointed to the International Cricket Council (ICC) Board as the governing bodys first independent female director. Nooyi will join the Board in June this year to align with the term of the ICC Independent Chairman. Q12. Which state has won the highest number of medals in the first edition of the Khelo India School Games concluded in New Delhi? Answer: Haryana Explanation: The first Khelo India School Games concluded in New Delhi with sports powerhouse Haryana topped the overall medal tally. The state won 102 medals which include 38 gold and 26 silver. Maharashtra with 111 medals finished second while Delhi with 94 medals came third. Q13. The 2018 Winter Olympics Games have been organised at _________ Answer: Pyeongchang, South Korea Explanation: The 23rd Olympic Winter Games officially kicked off with a colourful ceremony at Pyeongchang in South Korea. The festivities launched what organizers say is the largest Winter Olympics yet, with 92 countries participating. Q14. Which country is at the top spot in the 2018 Global Intellectual Property (IP) index? Answer: United States Explanation: The US is at the top of the IP index list with 37.98 points, followed by Britain (37.97) and Sweden (37.03) Q15. Which bank has recently unveiled a new musical logo called MOGO as a part of its branding initiative? Answer: IndusInd Bank Explanation: IndusInd Bank launched its new Sonic Identity, which is essentially a musical logo called MOGO, as part of its branding initiatives. The objective for associating to a sonic identity is building the Banks brand imagery with the strategic use of music and sound for brand experiences and audience connection. Q16. The World Government Summit is being held in which among the following cities? Answer: Dubai Explanation: The World Government Summit kicked off in Dubai, UAE, bringing together some of the globes top χ www.aspirantszone.com|Download AspirantsZones Mobile App | Like us on Facebook February 2018 Week 2 CA Q/A PDF www.aspirantszone.com thinkers and decision makers, as well as a few celebrity speakers. The three-day event, which was first held in Dubai in 2013, has been described as the largest annual government gathering in the world. Q17. The National Productivity Week is observed annually between __________ Answer: February 12-18 Explanation: National Productivity Council is observing National Productivity Day on 12th February, and National Productivity Week till 18th February. Q18. According to government data, an amount of Rs ______ crores has been saved by the Central Government through Aadhaar- enabled direct benefit transfer of about 400 government schemes. Answer: ₹,000 crore Explanation: Prime Minister Narendra Modi at World Government Summit in Dubai said that the Union government has saved ₹56,000 crore through Aadhaar-enabled Direct Benefit Transfer (DBT) of about 400 government schemes. Q19. The World͛s first driverless transport pod has been unveiled in which country? Answer: Dubai, United Arab Emirates Explanation: Dubai has started testing the worlds first self-driving pods that can travel individually and can also couple together to behave like a bus. The pods, designed to travel short and medium distances at 20 kmph, can be coupled in 15 seconds and detached in 5 seconds. Each pod can carry 10 riders and last for 3 hours on single charge. Q20. Qazi Wajid who died recently was a veteran actor of which country? Answer: Pakistan Explanation: Veteran actor Qazi Wajid, a pioneer of Pakistans radio industry, has passed away. Q21. Acclaimed award winning musician Johann Johannsson passed away recently. He hailed from which country? Answer: Reykjavtk, Iceland Explanation: Acclaimed Icelandic musician and Oscar-nominated composer Johann Johannsson has passed away. He was 48. He was a native of Reykjavtk, Iceland Q22. Who filmmaker has been selected to be conferred with the inaugural ͚Raj Kapoor Award for Excellence in Cinema͛? Answer: Ramesh Sippy Explanation: Veteran filmmaker Ramesh Sippy, who directed the classic blockbuster Sholay and tele-serial Buniyaad, would be conferred the first Raj Kapoor Award for Excellence in Cinema. Instituted by the Asian Centre for Entertainment Education (ACEE) with various international organisations like World Bank, UNICEF, USC Annenberg Normal Lear Cenre, Hollywood Health and Society, Cinepolis Foundation and CMS, the Raj Kapoor Trophy will be unveiled in Mumbai on 14th February, 2018. Q23. Which firm has received the non-banking financial company (NBFC) licence by the Reserve Bank of India (RBI) to disburse loan for skill development? Answer: Eduvanz Financing Private Limited Explanation: Eduvanz Financing – a skill development loan provider, has been granted the non-banking financial company (NBFC) licence by the Reserve Bank of India (RBI) to start providing loans in the multi-billion skill development sector.