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Page 1: A2Z CA Q/A PDF February 2018 - Week 1 · 2/2/2018  · Answer: April 1 Explanation: The government has made Permanent Account Number (PAN) mandatory for any entity conduc ting financial

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A2Z CA Q/A PDF

for upcoming exams

February 2018 - Week 1

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Page 2: A2Z CA Q/A PDF February 2018 - Week 1 · 2/2/2018  · Answer: April 1 Explanation: The government has made Permanent Account Number (PAN) mandatory for any entity conduc ting financial

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Q1. How much amount has been sanctioned by the Central Government for three years to promote organic

farming in Uttarakhand?

Answer: Rs 1,500 crore

Explanation: The Centre has sanctioned Rs 1,500 crore for three years to promote organic farming in Uttarakhand.

This is in keeping with Prime Minister Narendra Modi s vision of developing Uttarakhand as an organic state which

he spelt out during his visit to Kedarnath last year.

Q2. The Indian Railways is expected to receive its first high-speed electric locomotive by __________

Answer: March 2018

Explanation: Indian Railways all new 12,000 horsepower electric locomotive — being produced in collaboration

with Alstom of France and which can run at speeds of up to 120 kmph — would be rolled out in March when

French President Emmanuel Macron visits India.

Q3. Which team has clinched the 2017-2018 U-19 Cooch Behar Trophy?

Answer: Vidarbha

Explanation: After winning their maiden Ranji Trophy earlier this season, Vidarbha has recorded another first by

winning the U-19 Cooch Behar Trophy.

Q4. Kalamandalam Geethanandan of Kerala passed away recently. He was a renowned ___________ artist

Answer: Ottanthulal

Explanation: Acclaimed Ottanthulal artist Kalamandalam Geethanandan passed away while performing at

Avittathur Mahavishnu Temple in Kerala.

Q5. Name the first low income country of the world to offer universal eye care for the its citizens

Answer: Rwanda

Explanation: Rwanda has become the first low-income country to provide universal eye care for its 12 million

population. The government has partnered with the organisation Vision for a Nation (VFAN) to train more than

3,000 eye care nurses based in 502 local health centres, prescribing glasses and referring those with serious eye

problems to national clinics.

Q6. Who has been conferred with the Times Power Women of the Year 2017 (Pune) for Global PR?

Answer: Shabnam Asthana

Explanation: Shabnam Asthana has been awarded the Times Power Women of the Year 2017 - Pune for Global PR.

These awards were initiated to celebrate the victories of women who have been a great source of inspiration.

Q7. India has formally joined as the ______ member of the Ashgabat agreement on 2nd February 2018

Answer: 7th

Explanation: India has joined Ashgabat Agreement on the establishment of an International Transport and Transit

Corridor between the Iran, Oman, Turkmenistan and Uzbekistan. The agreement was signed in April 2011, which

envisages facilitation of transit and transportation of goods between Central Asia and the Persian

Gulf. The Ashgabat agreement is a Multimodal transport agreement between Oman, Iran,

Turkmenistan, Uzbekistan, Kazakhstan, Pakistan and India.

Q8. Name the champion to win the gold medal in 48kg category in the India Open Boxing Tournament 2018?

Answer: M C Mary Kom

Explanation: In Boxing, five-time world champion M C Mary Kom claimed a gold but the Indian men s juggernaut

was denied a complete sweep by traditional powerhouses Cuba and Uzbekistan on an exciting final day of

the India Open Boxing Tournament, in New Delhi.

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Q9. The 7th India Energy Congress was held in which Indian city?

Answer: New Delhi

Explanation: 7th India Energy Congress was held in New Delhi on the theme Energy 4.0- Energy Transition

towards 2030 . More than 400 experts met to discuss and debate the energy transition being witnessed, Energy

4.0 – the fourth energy revolution and draw map for 2030, in view of technological and digital disruptions already

underway and those visible across the horizon.

Q10. The inaugural India Open Boxing Tournament was organized in which city?

Answer: New Delhi

Explanation: The national capital hosted the inaugural India Open International Boxing Tournament for senior men

and women from January 28 to February 1 in 2018.

Q11. Who is the author of the book titled Exam Warriors, a stress buster for students?

Answer: Prime Minister Narendra Modi

Explanation: Prime Minister Narendra Modi s new book – Exam Warriors – launched aims to help students breeze

through their examinations. The book reportedly urges young students to tackle their examinations with zeal and

energy. Modi has constantly reiterated the fact the exams should be viewed as festivals in order to reduce stress,

on his monthly talk show – Mann ki Baat.

Q12. Who has recently been appointed as the Director-General of Sports Authority of India (SAI)?

Answer: Neelam Kapur

Explanation: Senior-most Indian Information Service (IIS) officer Neelam Kapur was appointed Director-General of

Sports Authority of India (SAI). She is at present the Principal Director General of the Directorate of Field Publicity

(DFP). It is for the first time that an IIS officer has been appointed as SAI chief.

Q13. The Government of India has made PAN mandatory for any entity entering into a financial transaction of

Rs 2.5 lakh or more with effect from ______

Answer: April 1

Explanation: The government has made Permanent Account Number (PAN) mandatory for any entity conducting

financial transactions of ₹2.5 lakh or more. Adding that an Aadhaar-like identity number is being developed for

enterprises, the government said PAN will also be used as a Unique Entity Number for non-individuals from April

1.

Q14. Ghodazari has achieved the status of a new wildlife sanctuary recently. The newly approved sanctuary is

located in which state?

Answer: Maharashtra

Explanation: The Maharashtra government has approved Ghodazari in Chandrapur district as a new wildlife

sanctuary in the state. The sanctuary, in the North East of Tadoba, will include 159 sq km of Brahmapuri forest.

Q15. The Government of India has announced the world s largest healthcare scheme covering more than 100

million poor families of the country. Under the scheme, an amount of Rs ______ would be made available every

year to the poor families towards healthcare

Answer: Rs 500,000

Explanation: India announced a national healthcare scheme for half a billion of its poorest citizens in a major

giveaway to voters in the final budget before a general election. Finance Minister Arun Jaitley said India s most

vulnerable families would be able to access up to Rs 500,000 a year for hospital cover through the initiative. The

government currently provides 30,000 rupees towards healthcare for poor families, but that sum is insufficient to

cover most medical procedures.

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Q16. Which country has created Guinness World Record by launching world s longest zip line?

Answer: United Arab Emirates

Explanation: The United Arab Emirates has made a record by opening the world s longest zip line, measuring 2.83

kms in length. Guinness World Records officials certified the zip line in Ras al-Khaimah.

Q17. Prime Minister Narendra Modi launched the first Khelo India School Games (KISG) recently. Which among

the following statements is/are not true regarding KISG?

I Khelo India is an U-19 age category event

II The KISG will be held across 16 disciplines annually

III 1,000 best athletes at the Khelo India Games will get scholarship of Rs 5 lakh for 8 years

A) Only I

B) Both I & III

C) Only III

D) All Are Correct

Answer: A) Only I

Explanation: Prime Minister Narendra Modi launched Khelo India Games and said it was the first step towards

making the country a strong contender at the Olympic level. A revamped version of the original National School

Games, Khelo India is an U-17 event which will feature only 16 disciplines which have been identified as most

likely to win medals at the Olympic Games. The best 1,000 athletes at the Khelo India Games will get scholarship

of Rs 5 lakh every year for a period of eight years.

Q18. Which Indian state has won the 2018 Geospatial World Excellence Award?

Answer: Odisha

Explanation: Odisha has bagged Geospatial World Excellence Award-2018 for successful IT application for

tracking of mineral production, dispatch and value accrued on real-time basis through its i3MS web-based

software.

Q19. The two days Global Investors Summit 2018 was held in which state?

Answer: Assam

Explanation: Prime Minister Narendra Modi inaugurated the two-day Global Investors Summit Advantage

Assam in Guwahati, Assam, a first of its kind initiative in the northeast. The two-day event, started on 3rd Feb,

will showcase the state s manufacturing opportunities and geostrategic advantages to foreign and domestic

investors.

Q20. Name the campaign recently launched by the Ministry for Environment, Forest and Climate Change

to sensitise the people about the dangers of global warming and climate change

Answer: Green Good Deeds

Explanation: Union Ministry for Environment, Forest and Climate Change launched Green Good Deeds campaign.

The campaign launched by the ministry aims to sensitise the people and students, in particular, about climate

change and global warming. Environment Minister Dr Harsh Vardhan appealed to the teaching community to join

the campaign. He said, a mobile application named Dr Harsh Vardhan developed to reach out to people across

India on the campaign, has also been launched recently.

Q21. Who has been conferred with the Lifetime achievement award at the 15th Mumbai International Film

Festival for Documentary, Short and Animation Films?

Answer: Shyam Benegal

Explanation: Veteran filmmaker Shyam Benegal was conferred with V Shantaram Lifetime achievement award at

the 15th Mumbai International Film Festival for Documentary, Short and Animation Films. The filmmaker was

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honoured with the award for his outstanding contribution in the field of feature and documentary films. The

award carries a trophy, a citation and cash prize of Rs 10 lakh.

Q22. The Department of Economic Affairs (DEA) has entered into US $ 375 million loan agreement with which

financial institution for the Jal Marg Vikas Project (JMVP)?

Answer: World Bank

Explanation: Inland Waterways Authority of India (IWAI) signed a project agreement with the World Bank, even as

the latter entered into a US $ 375 million loan agreement with the Department of Economic Affairs (DEA), Ministry

of Finance for Jal Marg Vikas Project (JMVP).

Q23. India s first sentiment index for micro and small enterprises (MSEs), launched on February 3, has been

developed jointly by CRISIL and ________

Answer: SIDBI

Explanation: The Union Minister for Finance and Corporate Affairs Shri Arun Jaitley launched CriSidEx, India s first

sentiment index for micro and small enterprises ( MSEs) developed jointly by CRISIL & SIDBI. CriSidEx is a

composite index based on a diffusion index of 8 parameters and measures MSE business sentiment on a scale of 0

(extremely negative ) to 200 ( extremely positive).

Q24. Leading Indian player Saurav Ghosal is related with which sports?

Answer: Squash

Explanation: India s leading squash player, Saurav Ghosal jumped five places to No 14 to become the highest

ranked Indian in the latest Professional Squash Association (PSA) rankings released. Ghosal beat Joshna Chinappa

who slipped three places to No 17 while Dipika Pallikal Karthik remained on 20.

Q25. What was the theme of the World Wetlands Day 2018?

Answer: Wetlands for a Sustainable Urban Future

Explanation: World Wetlands Day occurs annually on February 2nd, marking the date of the adoption of the

Convention on Wetlands on February 2, 1971. Established to raise awareness about the value of wetlands for

humanity and the planet, WWD was celebrated for the first time in 1997 and has grown remarkably since then.

The theme of World Wetlands Day 2018 is Wetlands for a Sustainable Urban Future .

Q26. India defeated which country to win the ICC Under-19 World Cup Final 2018?

Answer: Australia

Explanation: India has lifted the ICC Under-19 World Cup for the record fourth time. They defeated Australia by

eight wickets at bay oval at Mount Maunganui in New Zealand, who were also eyeing the title for the fourth time.

India achieved the target of 217 runs, with 67 balls to spare. India s star batsman Manjot Kalra led his team to the

victory as he made brilliant unbeaten century riding on eight fours and three sixes. He was adjudged Man of the

Match and Shubman Gill Man of the Series.

Q27. Name the winner of the 4th edition of International Young Chef Olympiad (YCO) 2018 held in New Delhi

Answer: Lai Jia Yi

Explanation: The 4th edition of International Young Chef Olympiad (YCO) concluded in New Delhi with Lai Jia Yi

from Malaysia winning the top spot and Indian student chef Surya Sekhar Roy Choudhury claiming the second

position.

Q28. The Central Board of Excise & Customs (CBEC) which is to be renamed as the Central Board of Indirect

Taxes and Customs is likely to come into effect by ____

Answer: April 2018

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Explanation: The change of name of apex indirect tax policy making body Central Board of Excise & Customs

(CBEC) to Central Board of Indirect Taxes and Customs (CBIC) is likely to happen by April after the budgetary

exercise gets Parliament nod. In his budget speech for 2018-19, Finance Minister Arun Jaitley said with the roll out

of GST the name of CBEC would be changed to CBIC.

Q29. Who is the author of the book titled Hissab Kitab based on household budgeting?

Answer: Anjana Sukhani

Explanation: Actress Anjana Sukhani, seen in films like Salaam-e-Ishq , Golmaal Returns and Allah Ke Banday

has penned a book titled Hisaab Kitaab . The book is a how-to book on household budgeting.

Q30. According to the Economic Survey 2017-18, which state is found to have the largest share in India s exports

and the goods and service tax (GST) base?

Answer: Maharashtra

Explanation: According to the Economic Survey 2017-18, Maharashtra s has come out to be one of the largest

states in terms of its economic size and prosperity gives it the largest share in India s exports and the goods and

service tax (GST) base. The survey found Maharashtra had the largest share of the tax base at 16 per cent.

Q31. What is the theme of the World Cancer Day 2018?

Answer: We Can. I can

Explanation: World Cancer Day is being observed on 4th February every year to raise awareness about cancer, its

treatment and to encourage methods of its prevention. The primary goal of the day is to reduce the illness and

related deaths by 2020. For 2016 to 2018, the theme for observing World Cancer Day is We Can. I can. Under

this theme, people are expected to, individually and collectively, understand and work towards lessening the

impact and harmful effects of the condition globally.

Q32. As per the Union Budget 2018-19, two defence industrial production corridors would be established by the

government. The first such corridor to be set up in Tamil Nadu will link Chennai with which city?

Answer: Bengaluru

Explanation: According to Union Budget 2018-19, the government will develop two defence industrial production

corridors. Defence minister Nirmala Sitharaman announced that the first corridor will link Chennai and

Bengaluru and will pass through Coimbatore and several other industrial clusters.

Q33. Ace shuttler P.V. Sindhu lost against which player to settle for silver in the finals of 2018 India Open BWF

World Tour Super 500?

Answer: Beiwen Zhang

Explanation: Star Indian shuttler P. V. Sindhu fell to fifth seeded Beiwen Zhang from the US in the women s singles

final of the $350,000 India Open BWF World Tour Super 500 held in New Delhi.

Q34. Sri Lanka observed its _____ Independence Day on February 4, 2018

Answer: 70th

Explanation: Sri Lanka celebrated its 70th Independence Day today (4 February 2018). It was on this day in 1948

that Sri Lanka, then Ceylon, gained independence from 133 years of British colonial rule.

Q35. The Appointments Committee of the Cabinet has recently approved extension of NITI Aayog CEO Amitabh

Kant s office tenure till _______

Answer: June 30, 2019

Explanation: NITI Aayog CEO Amitabh Kant has been granted an extension of his tenure until June 30, 2019. A

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1980-batch IAS officer from the Kerala Cadre, Kant was appointed as the CEO of the government s think tank in

2016, for a two-year term.

Q36. Which digital transport company has collaborated with the Ministry of Road Transport and Highways to

encourage road safety awareness?

Answer: Uber

Explanation: Taxi aggregator Uber reinforced its commitment to road safety by announcing a slew of measures

and initiatives. As part of its ongoing efforts to encourage road safety awareness, Uber will be jointly promoting

road safety messaging on the Uber app and social media through Ministry of Road Transport and Highways co

branded materials and mediums.

Q37. Which technology firm has joined hands with NCERT to initiate course on Digital Citizenship and Safety at

schools level?

Answer: Google

Explanation: Reiterating its commitment to make the web a safer place for everyone, Google India announced its

collaboration with NCERT to integrate a course on Digital Citizenship and Safety in the Information and

Communication Technology (ICT) curriculum in schools.

Q38. India successfully test-fired its short-range nuclear capable ballistic missile Agni-I on February 6, 2018. It is

_______ type of missile

Answer: Surface-to-Surface

Explanation: India successfully test-fired its short-range nuclear capable ballistic missile Agni-1 with a strike range

of over 700 km from a test range off the Odisha coast. It was launched as a part of a periodic training activity by

the Strategic Forces Command of the Army to consolidate operational readiness.

Q39. Which state has launched the Gobardhan Yojana to provide for the sale of organic manure and cow urine

to benefit farmers?

Answer: Haryana

Explanation: The Haryana government has launched the Gobardhan Yojana to provide for the sale of organic

manure and cow urine with an aim to benefit farmers. A provision of Rs 11 crore has been made to provide

benefits of various projects under this scheme.

Q40. Name the India s first chat based job search mobile App recently launched to do away with the complex

selection processes

Answer: Empzilla

Explanation: Taking prime minister Narendra Modi s Digital India initiative forward, a chat based job search mobile

app Empzilla , first ever of its kind in the country, is being launched that will do away with existing limitations of

employers and job seekers making selection process quick and cost effective. The mobile app gets conversation

between employers and job seekers going in seconds and the latter can chat with the potential employer even

within his office set up without letting his peers and seniors know the context of the conversation.

Q41. How much amount has been released by the Union Government to States and Union Territories under the

Special Central Assistance to Scheduled Castes sub plan as on January 31,2018?

Answer: ₹ ,000 crore

Explanation: The Centre has released ₹65,000 crore to States and union territories under the special assistance to

scheduled castes sub plan till January end of the current fiscal. The amount is more than 80 per cent of the total

allocation of ₹80,000 crore made under the Special Central Assistance to SC Sub Plan for 2017-18.

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Q42. Which digital wallet company has launched India s first SaaS based digital platform named Magic to

digitize end-to-end corporate processes, rewards and reimbursements?

Answer: MobiKwik

Explanation: MobiKwik, a issuer-independent digital financial services platform and mobile wallet announced the

launch of Magic – a digital platform for end-to-end corporate processes, rewards and reimbursements. Magic is a

Software-as-a-Service (SaaS)-based institutional platform that aims to radically reform the employee benefit and

reimbursements process by eliminating the constant challenges faced by both the employer and the employee.

Q43. Which state has, in association with UNICEF, launched massive door to door campaign DASTAK to

eradicate deadly Acute Encephalitis Syndrome and Japanise Encephalitis disease in the state?

Answer: Uttar Pradesh

Explanation: In Uttar Pradesh, State government in association with UNICEF launched massive door to door

campaign DASTAK to eradicate deadly Acute Encephalitis Syndrome and Japanise Encephalitis disease in the

state. The war cry of DASTAK is Darwaja khatkhatao, AES aur JE ko bhagao.

Q44. According to the Official World Golf Ranking (OWGR), who among the given has become the highest

ranked Indian golfer of the world?

Answer: Shubhankar Sharma

Explanation: Young golfer Shubhankar Sharma was elevated from 193 to 72, a gain of 121 spots, in the world

rankings making him the highest-ranked Indian in the world.

Q45. Renowned _______actress Lakshmi Devi Kanakala passed away recently.

Answer: Telugu

Explanation: Veteran Telugu actor Lakshmi Devi Kanakala has passed away at the age of 78. She was reportedly

suffering from multiple age-related illnesses for the last two months.

Q46. How much amount has been sanctioned by the government of India to control pollution level of River Sal

in Goa?

Answer: Rs 61.7 crore

Explanation: The central government has approved a project to abate pollution of river Sal at Navelim in Goa at an

estimated cost of Rs 61.7 crore. The Central Pollution Control Board (CPCB) had in 2015 identified the river stretch

at Navelim as one of the 302 polluted river stretches across the country based on bio-chemical oxygen demand

(BOD) levels – a key indicator of organic pollution showing water quality.

Q47. Who has won the Presidential election of Cyprus recently?

Answer: Nicos Anastasiades

Explanation: Cyprus President Nicos Anastasiades won reelection to second five-year term Sunday, promising to

continue economic recovery and the island s reunification efforts.

Q48. Which team has won the 8th Hockey India Senior Women National Championship 2018 (B Division)?

Answer: Central Reserve Police Force

Explanation: Central Reserve Police Force were crowned as champions of the 8th Hockey India Senior Women

National Championship 2018 (B Division) after they defeated Kerala Hockey by a margin of 7-0 in the final match

of the competition.

Q49. What is the current Marginal Standing Facility (MSF) Rate?

Answer: 6.25%

Explanation: Marginal Standing Facility (MSF) Rate: Unchanged at 6.25%

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Bank Rate: Unchanged at 6.25%

Cash Reserve Ratio: Unchanged at 4%

Statutory Liquidity Ratio (SLR): Unchanged at 19.5%

Q50. The Ministry of New and Renewable Energy has sanctioned _____solar cities to be developed cross the

country under its Development of Solar Cities scheme

Answer: 60

Explanation: The Ministry of New and Renewable Energy under its scheme Development of Solar Cities has

approved/sanctioned 60 Cities including 13 Pilot and 5 Model Cities up to 12th Five-year Plan period.

Q51. According to a report by Fitch Group unit-BMI Research, India s fiscal deficit is expected to increase to ____

percent of GDP in 2018-19

Answer: 3.5 percent

Explanation: According to the report by BMI Research, a unit of Fitch Group, India s fiscal deficit is expected to

come in at 3.5 per cent of GDP in financial year 2018-19, as policymakers seek to promote economic growth by

reducing the pace of fiscal consolidation.

Q52. How much amount has been sanctioned by the Department of Heavy Industry in budget 2018-19 towards

the development of 800 MW advanced ultra super critical thermal power plant project?

Answer: Rs 100 crore

Explanation: The development of 800 MW advanced ultra super critical thermal power plant project got Rs 100

crore for next year from the Department of Heavy Industry with a target to finalise the turbine design, as per

2018-19 budget papers.

Q53. The 88th Mahamastakabhisheka Utsav has been inaugurated in which Indian state by President Ram Nath

Kovind recently?

Answer: Karnataka

Explanation: The President of India Ram Nath Kovind inaugurated the 88th Mahamastakabhisheka Utsav of Lord

Gomateshwara in Hassan district of Karnataka. Mahamastakabhisheka of Gommateshwara, who is also known as

Bahubali takes place once in 12 years. It is an important Jain pilgrimage centre and lakhs of tourists visit

Shravanbelagola to see 57 feet tall monolithic stone statue.

Q54. Renowned artist Madavoor Vasudevan Nair passed away recently. He was a maestro of ________

Answer: Kathakali

Explanation: Kathakali maestro Madavoor Vasudevan Nair has passed away. He was 89. He was a recipient of

several awards including Padma Bhushan.

Q55. According to the Reserve Bank of India, what is the projected inflation rate for the first half of 2018-19?

Answer: 5.1 - 5.6 percent

Explanation: The Reserve Bank of India (RBI) revealed that the estimated inflation for first half of the next fiscal

would stand at 5.1 to 5.6 percent. However, RBI Governor Urjit Patel noted that it may ease to 4.6 percent, likely

in the second half.

Q56. How much amount has been allocated to Government of Odisha in the Union Budget 2018-19 for its

railway projects?

Answer: Rs 5,252 crore

Explanation: The union government has allocated Rs 5,252 crore in the Union Budget 2018-19 for railway projects

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in the state as against the state s demand for Rs 6,500 crore. It received Rs 150 crore more compared with last

year s budget, which is the highest ever allocation for Odisha in any Budget pertaining to railways.

Q57. The Reserve Bank of India (RBI) has decided to link the base rate with the MCLR with effect from _______

to ensure quicker transmission of policy rates to existing loan interest rate to borrowers

Answer: April 1, 2018

Explanation: To speed up retail transmission by banks of the central bank s cuts in the lending rate, the Reserve

Bank of India (RBI) said that it will link the Base Rate with the Marginal Cost of Funds-based Lending Rate (MCLR)

from the next fiscal. The RBI introduced the MCLR from April 1, 2016, as a system working in tandem with its

policy rates, which commercial banks have been slow in accepting, preferring to continue with the Base Rate

regime. As per RBI guidelines, banks have to prepare their MCLR which would serve as the internal benchmark

lending rate.

Q58. Name the Indian women cricketer to achieve the feat of becoming the first player of the world to take 200

wickets in ODI series

Answer: Jhulan Goswami

Explanation: Indian women s cricket team pacer Jhulan Goswami has become the first woman in the world to take

200 wickets in ODI cricket. Goswami achieved the feat playing in her 166th ODI against South Africa. Goswami had

become the leading wicket-taker in women s ODIs in May last year, overtaking former Australian pacer Cathryn

Fitzpatrick s record of 180 wickets.

Q59. In its final bi-monthly monetary policy review of the fiscal 2017-18, RBI has kept the Repo Rate at ____

percent

Answer: 6 percent

Explanation: The Reserve Bank of India (RBI) kept its key interest rate unchanged at 6 per cent for the fourth time

in succession at its final bi-monthly monetary policy review of the fiscal, citing concerns about the inflationary

push by rising global crude oil prices. Repo Rate: Unchanged at 6% and Reverse Repo Rate: Unchanged at 5.75%

Q60. United States based SpaceX successfully launched the world s most powerful rocket into the outer space

on February 6. Name the rocket

Answer: Falcon Heavy

Explanation: Business tycoon Elon Musk s SpaceX has created history by successfully launching the Falcon Heavy

rocket, the most powerful operational rocket in the world, into outer space. The rocket, which is on its course to

the orbit of planet Mars, is the first step in Musk s ambitious dream to send humans to Mars and create a colony

on the planet.

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Static GK Questions Based on Current Affairs

Q1. Name the President of Rwanda

Answer: Paul Kagame

Explanation: Capital- Kigali and Currency- Rwandan franc (RWF)

Q2. The Cooch Behar Trophy is given for which sports?

Answer: Cricket

Explanation: The Cooch Behar Trophy is India s national cricket tournament for under-19 players. It has been held

annually since the 1945-46 season.

Q3. Emmanuel Macron is the President of which country?

Answer: France

Explanation: French President Emmanuel Macron is slated to visit India in March 2018

Q4. Rail transport company Alstom has its headquarter in which country?

Answer: France

Explanation: Alstom is a French multinational company operating worldwide in rail transport markets, active in the

fields of passenger transportation, signalling and locomotives

Q5. The Kedarnath Temple is located in which state of India?

Answer: Uttarakhand

Q6. Who is the Director General of Indo-Tibetan Border Police (ITBP)?

Answer: R K Pachnanda

Q7. Who is the controlling Authority of the Indian Information Service (IIS)?

Answer: Ministry of Information and Broadcasting

Q8. Who is the Director General of the World Health Organization?

Answer: Tedros Adhanom

Explanation: Headquarter-Geneva, Switzerland

Q9. NITI Aayog was founded in which year?

Answer: January 1, 2015

Q10. The 10th edition of Geospatial World Forum was held in which city?

Answer: Hyderabad

Explanation: The 10th edition of Geospatial World Forum successfully concluded after week-long collective discussions

and engaging interactions in Hyderabad International Convention Centre from 15-19 January 2018.

Q11. What is the currency of Kyrgyzstan?

Answer: Kyrgyzstani som

Explanation: Capital: Bishkek

Q12. The Indira Gandhi National Centre for the Arts (IGNCA) is located in which city?

Answer: New Delhi

Q13. Who is the Chairman of Inland Waterways Authority of India?

Answer: Nutan Guha-Biswas

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Q14. The headquarter of Small Industries Development Bank of India (SIDBI) is in which city?

Answer: Lucknow

Q15. The 2018 ICC Under-19 Cricket World Cup was held in which country?

Answer: New Zealand

Explanation: The 2018 ICC Under-19 Cricket World Cup was an international limited-overs cricket tournament that was

held in New Zealand from 13 January to 3 February 2018.

Q16. Who is the Chairperson of the Central Board of Excise and Custom?

Answer: Vanaja N. Sarna

Explanation: Formed: 26 Jan 1944

Q17. Sri Lanka got independence from which country on February 4, 1948?

Answer: United Kingdom

Q18. World Cancer Day aims to reduce the illness and death caused by cancer by which year?

Answer: 2020

Explanation: The primary goal of the World Cancer Day is to significantly reduce illness and death caused by cancer by

2020

Q19. Who is the Chairman of the Central Pollution Control Board (CPCB) of India?

Answer: S.P. Singh Parihar

Explanation: The Central Pollution Control Board (CPCB) of India is a statutory organisation under the Ministry of

Environment, Forest and Climate Change (MoEF&CC). It was established in 1974 under the Water (Prevention and

Control of Pollution) Act, 1974. CPCB is also entrusted with the powers and functions under the Air (Prevention and

Control of Pollution) Act, 1981.

Q20. Name the President of UNICEF

Answer: Tore Hattrem

Explanation: Headquarter-New York, United States

Q21. The DDA Siri Fort Sport Complex is located in which city?

Answer: New Delhi

Explanation: The India Open is held annually at the Siri Fort Sports Complex, New Delhi.

Q22. What is the capital of Cyprus?

Answer: Nicosia

Explanation: Currency-Euro

Q23. The 8th Hockey India Senior Women National Championship 2018 (B Division) took place in which city?

Answer: Ranchi, Jharkhand

Q24. Who is the Vice Chairman of NITI Aayog?

Answer: Rajiv Kumar

Explanation: Narendra Modi, Chairman; Rajiv Kumar, Vice Chairman; Bibek Debroy, Member; V. K. Saraswat,

Member; Ramesh Chand, Member; Vinod Paul, Member; Amitabh Kant, CEO; Dinesh Arora, Director

Page 13: A2Z CA Q/A PDF February 2018 - Week 1 · 2/2/2018  · Answer: April 1 Explanation: The government has made Permanent Account Number (PAN) mandatory for any entity conduc ting financial

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Q25. The global taxi technology company, Uber has its headquarter in which city?

Answer: San Francisco

Explanation: San Francisco, California, United States

Q26. Who is the Union Minister of State for Road Transport and Highways?

Answer: Mansukh L Mandaviya

Explanation: Constituency-Palitana assembly, Gujarat

Q27. Mobikwik is located in which city?

Answer: Gurugram

Q28. The Marginal Cost of Funds Lending Rate (MCLR) was introduced in which year?

Answer: 2016

Explanation: The RBI introduced the MCLR from April 1, 2016, as a system working in tandem with its policy rates,

which commercial banks have been slow in accepting, preferring to continue with the Base Rate regime.

Q29. Who is the President of credit rating agency Fitch Ratings Inc?

Answer: Paul Taylor

Extra Info: Its headquarters are located in New York City, New York, U.S. and London, England, U.K.

Q30. Atapaka Bird Sanctuary is located in which state?

Answer: Andhra Pradesh

Q31. One of the largest freshwater lakes in India, Kolleru Lake is in which state?

Answer: Andhra Pradesh

Explanation: Kolleru is one of the largest freshwater lakes in the country. Atapaka village is located on the borders of

the Krishna and the West Godavari districts.

Q32. Who is the Union Minister of State (Independent Charge) in the Ministry of New and Renewable Energy?

Answer: Raj Kumar Singh

Explanation: Constituency- Arrah

Page 14: A2Z CA Q/A PDF February 2018 - Week 1 · 2/2/2018  · Answer: April 1 Explanation: The government has made Permanent Account Number (PAN) mandatory for any entity conduc ting financial

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Weekly CA Quiz

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