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www.aspirantszone.com January 2019 Week 2 CA Q/A PDF

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January 2019 - Week 2

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Q1. Who is appointed as founding chairperson of law commission set up by Jammu and Kashmir

administration?

Answer: MK Hanjura

Explanation: The Jammu and Kashmir administration set up a law commission, with Justice MK Hanjura as its

founding chairperson, to identity redundant and obsolete laws that can be repealed and suggest measures for

quick redress of public grievances.

Q2. The 2-day long Global Aviation Summit 2019 held in which city?

Answer: Mumbai

Explanation: In a first, the 2-day long Global Aviation Summit 2019 with the theme “Flying for all” was organized

by the Ministry of Civil Aviation (MoCA) in collaboration with FICCI from January 15-16, 2019 in Mumbai,

Maharashtra.

Q3. With which Bank, Gruh Finance Limited is set to merge?

Answer: Bandhan Bank

Explanation: Gruh Finance Ltd is set to merge with Bandhan Bank Ltd. in a share-swap deal. The merger will help

reduce the stake of Kolkata-based bank’s promoter entities, while giving HDFC—the largest shareholder in Gruh

Finance—a 14.96 percent stake in the combined firm.

Q4. According to CSO, what will be India’s economy in 2018-19?

Answer: 7.2%

Explanation: Releasing the first advance estimates of National Income for 2018-19, Central Statistics Office (CSO)

stated that the growth in GDP during 2018-19 is estimated at 7.2% as compared to the growth rate of 6.7% in

2017-18, mainly due to improvement in the performance of agriculture and manufacturing sectors.

Q5. According to first advance estimates of national income released by the Central Statistics Office (CSO),

income earned by an average Indian doubled how much in 2018-19 in 7 year from Rs 63,642 per year in 2011-

12?

Answer: Rs 1.25 lakhs

Explanation: The income earned by an average Indian doubled in 7 years, from Rs 63,642 per year in 2011-12 to Rs

1.25 lakh in 2018-19, the first advance estimates of national income released by the Central Statistics Office (CSO)

show.

Q6. Who joined IMF as its 11th Chief economist?

Answer: Gita Gopinath

Explanation: Mysore-born Gita Gopinath has joined IMF as its chief economist becoming the first woman to

occupy the top IMF post.

Q7. Former Group President Jim Yong Kim resigned recently. He was the former president of which

organization?

Answer: World Bank

Explanation: World Bank President Jim Yong Kim unexpectedly resigned, more than three years before his term

ends in 2022, amid differences with the Trump administration over climate change and the need for more

development resources.

Q8. Who has been conferred with the lifetime achievement award by the Mantralaya and Vidhimandal

Vartahar Sangh?

Answer: Dinu Randive






Explanation: Veteran journalist Dinu Randive has been conferred with the lifetime achievement award by the

Mantralaya and Vidhimandal Vartahar Sangh, an association of journalists covering Maharashtra legislature and

secretariat.

Q9. Who will head the panel that has been constituted to hear the title suit in the Ram Janmabhoomi-Babri

Masjid Ayodhya case?

Answer: Ranjan Gogoi

Explanation: A five-Judge Constitution bench of the Supreme Court headed by CJI Ranjan Gogoi has been

constituted to hear the title suit in the Ram Janmabhoomi-Babri Masjid Ayodhya case.

Q10. In which state, India’s longest 300 m single lane steel cable suspension bridge was inaugurated?

Answer: Arunachal Pradesh

Explanation: Chief Minister Pema Khandu inaugurated India’s longest 300 m single lane steel cable suspension

bridge over Siang river in Arunachal Pradesh’s Upper Siang district bordering China.

Q11. What will be the total number of districts now in TamilNadu by bifurcating Villupuram district into

Kallakurichi?

Answer: 33

Explanation: Chief Minister Edappadi K. Palaniswami announced the creation of a new district by bifurcating

Villupuram district.Kallakurichi will be the headquarters of the new district and its creation has increased the

number of districts in TamilNadu to 33.

Q12. Which country’s passport has topped the list for the world’s most powerful passport in 2019 according to

the Henley Passport Index?

Answer: Japan

Explanation: According to the Henley Passport Index,, Japan, for the second time in a row, has topped a global

index for the world’s most powerful passport in 2019, while India ranked at the 79th position.

Q13. Which country has withdrawn from UN-backed anti-corruption commission?

Answer: Guatemala

Explanation: Guatemala has said it is withdrawing from a UN-backed anti-corruption commission. President Jimmy

Morales accused the International Commission Against Impunity in Guatemala, commonly known as CICIG, of

polarising the country and putting its security at risk.

Q14. Which country will be opening a branch of its private bank named Pasargad in Mumbai?

Answer: Iran

Explanation: Iran will be opening a branch of its private bank named Pasargad in Mumbai in three months. The

Government of India has already given permission to Iran to open a bank branch in Mumbai.

Q15. Who will head a high level RBI committee assessing digitization of payments?

Answer: Nandan Nilekani

Explanation: Infosys co-founder and Aadhaar architect Nandan Nilekani will head a high level committee assessing

digitization of payments.

Q16. Who will head the “Research Advisory” committee that has been constituted by SEBI which will assist in

formulating policy to undertake research relevant for development and regulation of capital markets?

Answer: Sankar De

Explanation: Market regulator SEBI has constituted a “Research Advisory” committee which will assist in






formulating policy to undertake research relevant for development and regulation of capital markets.It will be

headed by Sankar De.

Q17. What will be India’s growth rate during the current financial year ending March 2019, according to the

World Bank’s Global Economic Prospects Report?

Answer: 7.3%

Explanation: India’s growth rate is expected to accelerate to 7.3% during the current financial year ending March

2019, according to the World Bank’s Global Economic Prospects Report.

Q18. According to World Bank report, Global economic growth is projected to slow to how much per cent in

2019?

Answer: 2.9%

Explanation: Global economic growth is projected to slow to 2.9 per cent in 2019 from a downwardly revised 3 per

cent in 2018 amid rising downside risks, the World Bank has said in its Global Economic Prospects report.

Q19. How many accounts were opened under the Pradhan Mantri Jan Dhan Yojana(PMJDY) till last December?

Answer: 33.66 crore

Explanation: More than 33 crore accounts were opened under the PMJDY till last December and over 80 per cent

of these are active accounts, the Rajya Sabha was informed. Out of these accounts, 28.16 crore PMJDY accounts

are operative accounts.

Q20. According to World Economic Forum report, which country is set to become the world’s third largest

consumer market behind only USA and China by 2030?

Answer: India

Explanation: Future of Consumption in fast Growth Consumer Market-India report by world Economic Forum said

that India is set to become the world’s third largest consumer market behind only USA and China by 2030.

Q21. Which country joined the International Cricket Council (ICC) as its 105th member?

Answer: USA

Explanation: The International Cricket Council (ICC) welcomed USA Cricket as its 105th member. As a Member of

the ICC, USA Cricket is now eligible to receive funding in accordance with the ICC Development Funding Policy and

can sanction domestic and international cricket in the United States.

Q22. Who has taken over as the president of Global Solar Council from January 1, 2019?

Answer: Pranav R Mehta

Explanation: A visionary in the field of Solar Energy and the chairman of National Solar Energy Federation, Shri

Pranav R Mehta, has taken over as the president of Global Solar Council,from January 1, 2019. The GSC has its

headquarters in Washington D.C., USA.

Q23. Recently, Centre gave nod for Centre for Classical Language in which state?

Answer: Kerala

Explanation: More than five years after Malayalam was declared a classical language, the Union Government

issued its nod for setting up the Centre for Classical Language at the Thunchath Ezhuthachan Malayalam

University in Tirur.

Q24. The first National Consultation on Child Protection for 2019 was held in which city?

Answer: New Delhi

Explanation: The first National Consultation on Child Protection for 2019 was held at India Habitat Centre, New

Delhi under the Chairmanship of the Secretary, Ministry of Women and Child Development.






Q25. RBI announced to provide how much amount under a swap arrangement to Sri lanka?

Answer: USD 400 million

Explanation: Sri Lanka’s Central Bank (Central Bank of Sri Lanka) announced that the Reserve Bank of India (RBI)

has agreed to provide USD 400 million under a swap arrangement to boost the island nation’s reserves.

Q26. Who has attained number one position in the International Boxing Association’s (AIBA) latest world

rankings?

Answer: Mary Kom

Explanation: MC Mary Kom has attained number one position in the International Boxing Association’s (AIBA)

latest world rankings. She became the most successful boxer in world championships’ history when she claimed

the 48kg category top honours in Delhi in November last year.

Q27. Who was appointed as Indian men’s hockey team?

Answer: Harendra Singh

Explanation: Hockey India removed Harendra Singh as the coach of the Indian men’s hockey team following their

disappointing run in the recently-concluded Hockey World Cup.

Q28. All rounder Albie Morkel announced his retirement. He was the former player of which country?

Answer: South Africa

Explanation: South African all rounder Albie Morkel announced retirement from all form of cricket. Albie Morkel

played a total of 58 one day matches for South Africa scoring 782 runs with an average of 23.7 and scalping 50

wickets with an economy rate of 5.5.

Q29. Who was conferred the ICSIs Lifetime Achievement Award for “Translating Excellence in Corporate

Governance into Reality”?

Answer: Adi Godrej

Explanation: Industrialist and Godrej Group Chairman Adi Godrej was conferred the ICSIs Lifetime Achievement

Award for “Translating Excellence in Corporate Governance into Reality”.

Q30. Who penned the book “We Are Displaced: My Journey and Stories from Refugee Girls around the World”?

Answer: Malala Yousafzai

Explanation: Nobel Peace Prize winner and Pakistani activist Malala Yousafzai pens a new book, titled “we are

displaced:My Journey and Stories from Refugee girls around the world‘ charting her experiences traveling the

world and visiting refugee camps.

Q31. Who took charge as new CBI Chief?

Answer: M Nageshwar Rao

Explanation: A day after the removal of Alok Verma, Additional Director M Nageshwar Rao again took charge of

the office of the CBI Director.

Q32. Who was appointed as new President of Venezuela?

Answer: Nicolas Maduro

Explanation: Nicolas Maduro was once again sworn in as Venezuela’s President for a second term, from 2019 to

2025. The swearing-in ceremony took place inside the Supreme Court of Venezuela under Article 231 of the

Venezuelan Constitution.

Q33. Who has acquired the the top position in the under-8 category at the Kids Golf World Championship

organised by US kids Golf in Malaysia?

Answer: Kartik Singh






Explanation: Budding golfer Kartik Singh has acquired the top position in the under-8 category at the Kids Golf

World Championship organised by US kids Golf in Malaysia.

Q34. Union Minister of Environment, Forest and Climate Change Dr Harsh Vardhan launched the National Clean

Air Programme aiming to reduce toxic particulate matter by which year?

Answer: 2024

Explanation: Union Minister of Environment, Forest and Climate Change Dr Harsh Vardhan launched the National

Clean Air Programme aiming to reduce toxic particulate matter by 2024,taking 2017 as the base year.

Q35. The 25th Partnership Summit 2019 held in which city?

Answer: Mumbai

Explanation: Indian and global leaders on economic policy shall deliberate for two days at the 25th Partnership

Summit 2019, which will be inaugurated by Vice President M.Venkaiah naidu.

Q36. Recently, Ashok Chawla stepped down from its position. He was the former chairman of which

organization?

Answer: National Stock Exchange

Explanation: The National Stock Exchange (NSE) Chairman Ashok Chawla stepped down from his position. Chawla,

who has been the chairman of NSE since 2016, stepped down “in light of recent legal developments.”

Q37. According to World Bank’s Global economic Prospects report,India’s economy is forecasted to grow at how

much percent in 2019-20?

Answer: 7.5%

Explanation: According to World Bank’s Global economic Prospects report, fuelled by policy reforms and rebound

in credit, India’s economy is forecast to expand by 7.5 per cent during the 2019-20 fiscal year and retain its

position as the fastest growing major economy in a world of slowing growth.

Q38. What is the rank of India in the latest annual Global Democracy Index?

Answer: 42nd

Explanation: India has slipped to 42nd place on an annual Global Democracy Index amid “rise of conservative

religious ideologies” and increase in vigilantism and violence against minorities as well as other dissenting

voices.Norway topped the list.

Q39. In which city, ISRO is setting up a “Human Space Flight Centre”?

Answer: Bengaluru

Explanation: The Indian Space Research Organisation (Isro) is setting up a “Human Space Flight Centre” in

Bengaluru, which will support its quest of making country’s maiden manned space mission a success.

Q40. Which state launched “Ama Ghare LED” scheme?

Answer: Odisha

Explanation: Odisha Chief Minister Naveen Patnaik launched the “Ama Ghare LED” Scheme, under which about 95

lakh families in the state will each get four LED bulbs free of cost.

Q41. Which state launched “One Family,One Job” scheme?

Answer: Sikkim

Explanation: Sikkim Chief Minister Pawan Kumar Chamling launched the “one family,one job” that envisions jobs

to a member of every family which does not have a government job in the state.






Q42. Organics and Millets 2019 International Trade Fair will be held in which city?

Answer: Bengaluru

Explanation: The much sought after Organics and Millets 2019 International Trade Fair, organized by the

Government of Karnataka’s Department of Agriculture, will be held from 18th to 20th January 2019 in Bengaluru’s

Palace Grounds.

Q43. During it’s 32nd meeting, the GST Council relaxed the tax exemption limit to how much amount from the

earlier cap of Rs 20 lakhs?

Answer: Rs 40 lakhs

Explanation: The GST Council relaxed the tax exemption limit to Rs 40 lakh from the earlier cap of Rs 20 lakhs

during its 32nd meeting. The all-powerful panel also decided to extend the composition scheme to traders from

informal sector rendering services or mixed supplies with a turnover up to Rs 50 lakh.

Q44. Who was appointed as the new Chief Information Officer of the CBI?

Answer: Nitin Wakankar

Explanation: Senior Indian Information Service officer Nitin Wakankar will be the new Chief Information Officer

and spokesperson of the CBI, replacing Abhishek Dayal who has been transferred to the Publications Division.

Q45. Who has been appointed as Secretary General of National Human Rights Commission?

Answer: Jaideep Govind

Explanation: Senior bureaucrat Jaideep Govind has been appointed as Secretary General, National Human Rights

Commission.

Q46. PM Narendra Modi released a commemorative coin of how much denomination to mark the birth

anniversary of Guru Gobind Singh recently?

Answer: Rs 350

Explanation: Prime Minister Narendra Modi has released a commemorative coin of Rs 350 to mark the birth

anniversary of Guru Gobind Singh, the ten preachers of the Sikh religion.

Q47. Who became the first Indian batsman to smash 5 hundreds in ODI cricket in Australia?

Answer: Rohit Sharma

Explanation: Team India’s Right-hand opener Rohit Sharma becomes the first Indian batsman to smash 5 hundreds

in ODI cricket in Australia. Rohit, achieved this milestone while playing first ODI of the series against Australia in

Sydney.

Q48. Recently, Mohd Zulfiquaruddin passed away. He was related to which sports?

Answer: Football

Explanation: Former Indian footballer Mohd Zulfiqaruddin, who was part of the fourth place finishing team in the

1956 Olympics in Melbourne, passed away in Hyderabad.

Q49. Recently, Rajesh Ghodge passed away. He was related to which sports?

Answer: Cricket

Explanation: Former Ranji Trophy cricketer of Goa,Rajesh Ghodge passed away during a local tournament at the

Rajendra Prasad Stadium in Goa. The 47-year-old, who was playing non-striker, suffered a massive heart attack.

Q50. Who received the first ever Philip Kotler Presidential Award?

Answer: Narendra Modi






Explanation: Prime Minister Narendra Modi, received the first ever Philip Kotler Presidential Award. The Award

focuses on the triple-bottom-line of People, Profit and Planet. As per the award citation, Mr Modi has been

selected for his outstanding leadership for the nation.

Q51. Who has won the Sushila Devi Literature Award for her novel “Things to leave behind”?

Answer: Namita Gokhale

Explanation: Writer Namita Gokhale has won the Sushila Devi Literature Award for her novel “Things to leave

behind”.

Q52. Who won the Premier Badminton League Title 2018?

Answer: Bengaluru Raptors

Explanation: Bengaluru Raptors have won their first ever Premier Badminton League Title. In the title clash played

at Bengaluru, Bengaluru edged out Mumbai Rockets, with a 4-3 win.

Q53. Who became the youngest gold medallist in shooting?

Answer: Abhinav Shaw

Explanation: At the Khelo India Youth Games in Pune, 10 year old Abhinav Shaw became the youngest gold

medallist in shooting. He teamed up with Mehuli Ghosh to help West Bengal win the 10m air rifle mixed team

event.

Q54. Which state topped the medal tally in Khelo india Youth Games 2018?

Answer: Maharashtra

Explanation: Maharashtra topped the medal tally with 37 golds at the Khelo India Youth Games in Pune. It has 111

medals in its kitty with 37 gold, 31 silver and 43 bronze. Delhi continued to follow second with 30 gold and

Haryana too maintained its third position with 28 gold.

Q55. Who has become the first women trekking to Agasthyarkoodam peak, after the Kerala High Court lifted

the ban on women’s trekking?

Answer: K Dhanya Sanal

Explanation: The 38-year-old K Dhanya Sanal, a spokesperson for the Union Ministry of Defence, has become the

first woman, who is trekking to Agasthyarkoodam peak, after the Kerala High Court lifted the ban on women’s

trekking on December 9 last year.

Q56. “IMBEX 2018-19” is a military exercise between India and which country?

Answer: Myanmar

Explanation: The second India-Myanmar bilateral Army exercise “IMBEX 2018-19” commenced at Chandimandir

military station near Chandigarh.

Q57. The International Micro Irrigation Conference on modern Agriculture will be held in which city?

Answer: Aurangabad

Explanation: Ministry of Water Resources, River Development and Ganga Rejuvenation, Government of India is

organizing the 9th International Micro Irrigation Conference on modern Agriculture at Aurangabad in Maharashtra

from January 16–18, 2019.

Q58. Which city’s police inducted a road safety robot into its fold named ROADEO?

Answer: Chennai

Explanation: The Chennai Traffic Police inducted a road safety robot into its fold. Named ROADEO, the robot will

make the pedestrians, especially children, feel safe while crossing the roads.






Q59. Recently, Shivaji Rao deshmukh passed away. He was related to which field?

Answer: Politics

Explanation: Senior Congress leader, a permanent invitee of All India Congress Committee (AICC) and former

chairman of Maharashtra Legislative Council ShivajiRao Deshmukh passed away following brief illness.

Q60. Who will head the seven-member Group of Ministers (GoM) to look into the revenue shortfall being faced

by states following the roll out of GST?

Answer: Sushil Kumar Modi

Explanation: Bihar Deputy Chief Minister Sushil Kumar Modi will head the seven-member Group of Ministers

(GoM) to look into the revenue shortfall being faced by states following the roll out of GST.

Q61. Recently, Lenin Rajendran passed away. He was related to which field?

Answer: Film Director

Explanation: Veteran filmmaker and chairman of Kerala State Film Development Corporation Lenin Rajendran has

passed away. He was 67 and was under treatment for liver ailments.

Q62. Government has launched which initiative on GeM– to enable women entrepreneurs and self-help groups

to sell different products at the platform?

Answer: Womaniya

Explanation: Government eMarketplace (GeM) has launched an initiative-Womaniya on GeM– to enable women

entrepreneurs and self-help groups to sell different products at the platform.

Q63. Which state has formed a Group of Ministers (GoM) headed by Dr Himanta Biswa Sarma to recommend

measures for protection of rights of existing tribal communities?

Answer: Assam

Explanation: Assam Government set up a Group of Ministers (GoM) headed by Dr Himanta Biswa Sarma to

recommend measures for protection of rights of existing tribal communities as well as to decide on the benefits to

be given to new Scheduled Tribes.

Q64. The Global Aviation Summit 2019 was held in which city?

Answer: Mumbai

Explanation: Civil Aviation Minister Suresh Prabhu inaugurated the Global Aviation Summit 2019 in Mumbai. The

two-day summit, with a theme “Flying for All-especially the next 6 billion”, is being organised by Ministry of Civil

Aviation in association with FICCI.

Q65. Who was named as new India’s Women Boxing Coach?

Answer: Mohd Ali Qamar

Explanation: Mohammed Ali Qamar was the man who brought India her first Commonwealth Games gold medal in

boxing in 2002

Q66. Who was given one month extension recently for the post of Finance Secretary?

Answer: Ajay Narayan Jha

Explanation: The government extended the service of Finance Secretary Ajay Narayan Jha by a month till

February-end. He was to retire on January 31.

Q67. Who was appointed as new Chief Executive Officer of International Cricket Council(ICC)?

Answer: Manu Sawhney

Explanation: The ICC announced the appointment of Manu Sawhney as its new Chief Executive Officer.






Q68. Recently, Sir Michael Atiyah passed away. He was related to which field?

Answer: Mathematician

Explanation: Sir Michael Atiyah,a British Mathematician, who received the 1966 Fields Medal, also known as the

‘Nobel for Mathematics,’ passed away at the age of 89. Atiyah was best known for his co-development of a branch

of mathematics called topological K-theory and the Atiyah-Singer index theorem.

Q69. The National Youth Parliament Festival 2019 was held in which city?

Answer: New Delhi

Explanation: Minister of State (I/C) for Youth Affairs and Sports Col Rajyavardhan Rathore (Retd) launched the

National Youth Parliament Festival 2019 in New Delhi, thereby beginning the celebration of the National Youth

Day 2019.

Q70. Who has setted the new world record in Indoor rowing by completing 1,00,000 (one lakh) metres in above-

40 years category in Kolkata?

Answer: Shakil Ahmed

Explanation: Asian Cup gold medallist Shakil Ahmed has added one more feather to his cap when he set up a

world record in indoor rowing by completing 1,00,000 (one lakh) metres in above-40 years category in Kolkata.

Static GK Questions Based on Current Affairs

Q1. What is the currency of Myanmar?

Answer: Kyat

Q2. Where is the HQ of International Cricket Council?

Answer: Dubai

Q3. Where is the HQ of Flipkart?

Answer: Bengaluru

Q4. What is the currency of Macedonia?

Answer: Denar

Q5. What is the capital of Macedonia?

Answer: Skopje

Q6. What is the currency of Australia?

Answer: Dollar






Q7. Where is the HQ of National Human Rights Commission?

Answer: New Delhi

Q8. What is the currency of Norway?

Answer: Krone

Q9. Where is the HQ of Central bureau of Investigation?

Answer: New Delhi

Q10. Where is the HQ of National Stock Exchange?

Answer: Mumbai

Q11. Where is the HQ Of World Bank?

Answer: Washington DC

Q12. What is the capital of Venezuela?

Answer: Caracas

Q13. What is the currency of Venezuela?

Answer: Bolivar

Q14. What is the currency of Taiwan?

Answer: Dollar

Q15. What is the capital of Taiwan?

Answer: Taipei

Q16. Where is the HQ of ISRO?

Answer: Bengaluru

Q17. Where is the HQ of International Boxing Association?

Answer: Switzerland

Q18. What is the capital of Egypt?

Answer: Cairo

Q19. Where is the HQ of Godrej Group?

Answer: Mumbai

Q20. What is the currency of Egypt?

Answer: Egyptian pound

Q21. Where is the HQ of SEBI?

Answer: Mumbai

Q22. What is the currency of Guatemala?

Answer: Quetzal

Q23. What is the capital of Guatemala?

Answer: Guatemala city






Q24. What is the currency of Japan?

Answer: Yen

Q25. Where is the HQ of PNB Bank?

Answer: New Delhi

Q26. Where is the HQ of IMF?

Answer: Washington DC

Q27. Where is the HQ of NABARD?

Answer: Mumbai

Q28. Where is the HQ of Bandhan Bank?

Answer: Kolkata






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