A2Z CA Q/A PDF May 2018 - Week 3 - AspirantsZone · An anti-piracy video featuring Mr. Amitabh...

17
1 www.aspirantszone.com|Download AspirantsZonesMobile App | Like us on Facebook www.aspirantszone.com May 2018 Week 3 CA Q/A PDF A2Z CA Q/A PDF for upcoming exams May 2018 - Week 3 www.aspirantszone.com

Transcript of A2Z CA Q/A PDF May 2018 - Week 3 - AspirantsZone · An anti-piracy video featuring Mr. Amitabh...

  • 1 www.aspirantszone.com|Download AspirantsZone sMobile App | Like us on Facebook

    www.aspirantszone.com May 2018 Week 3 CA Q/A PDF

    A2Z CA Q/A PDF

    for upcoming exams

    May 2018 - Week 3

    www.aspirantszone.com

    http://www.aspirantszone.com/http://aspirantszone.com/apps/index.htmlhttp://www.facebook.com/aspirantszone/http://www.aspirantszone.com/http://www.aspirantszone.com/

  • 2 www.aspirantszone.com|Download AspirantsZone sMobile App | Like us on Facebook

    www.aspirantszone.com May 2018 Week 3 CA Q/A PDF

    Q1. Which city has been adjudged as the cleanest Indian city in Swachh Survekshan 2018?

    Answer: Indore

    Explanation: Indore has emerged as the cleanest city, followed by Bhopal and Chandigarh in the government s

    cleanliness survey, Swachh Survekshan 2018.

    Q2.Which institution has launched $25 million Bharat Inclusion Initiative to help startups in transforming

    ideas into reality?

    Answer: IIM-Ahmedabad

    Explanation: Top management institute IIM-Ahmedabad has launched the Bharat Inclusion Initiative, which

    aims to invest about USD 25 million in startups working in the areas of financial inclusion, livelihood, education

    and health over the next three to four years. The initiative has been launched by the institute s Centre for

    Innovation, Incubation and Entrepreneurship (CIIE) and aims to helps entrepreneurs turn ideas into viable

    businesses.

    Q3. What is the theme of the International Day of Families 2018?

    Answer: Families and Inclusive Societies

    Explanation: The International Day of Families is observed on the 15th of May every year at the headquarters of

    United Nations and around the world. Theme for 2018 is Families and inclusive societies

    Q4. Hollywood actor ___________, best known for her role as Lois Lane in Superman, died recently.

    Answer: Margot Kidder

    Explanation: Margot Kidder, who found fame as Lois Lane in the 1978 film Superman, died at her home in

    Montana, US. She was 69 years old.

    Q5. How much amount has been approved by the Cabinet Committee on Economic Affairs

    for dedicated Micro Irrigation Fund (MIF) with NABARD for two year?

    Answer: Rs 5,000 crore

    Explanation: The Cabinet Committee on Economic Affairs chaired by the Prime Minister, Shri Narendra Modi

    has approved an initial Corpus of Rs.5,000 crore for setting up of a dedicated Micro Irrigation Fund (MIF) with

    NABARD under Pradhan Mantri Krishi Sinchayee Yojana (PMKSY).

    Q6. India s first all women Post Office Passport Seva Kendra (POPSK) has started operating in which state of

    India recently?

    Answer: Punjab

    Explanation: In a first, a Post Office Passport Seva Kendra (POPSK) run by an all-woman team has started

    operations in Punjab s Phagwara. Union Minister Vijay Sampla inaugurated the seva kendra in the local head

    Post Office. It is 192nd POPSK in the country, but first one to be operated by an all-woman team.

    Q7. Which bank has launched a feature named Agenda 25×25 to create an environment encouraging

    women entrepreneurship in India?

    Answer: Yes Bank

    Explanation: YES BANK and YES Global Institute announced the launch of Agenda 25×25, which pledges to

    create a synergetic startup environment for budding women entrepreneurs in India. The initiative aims at

    ensuring that by 2025 at least 25% of all Entrepreneurs in India are Women.

    Q8. US based Tom Wolfe died at the age of 88. He was a renowned______________

    Answer: Author-Journalist

    Explanation: Virginia based award winning writer and journalist Tom Wolfe, who is noted for works like The

    http://www.aspirantszone.com/http://aspirantszone.com/apps/index.htmlhttp://www.facebook.com/aspirantszone/http://www.aspirantszone.com/

  • 3 www.aspirantszone.com|Download AspirantsZone sMobile App | Like us on Facebook

    www.aspirantszone.com May 2018 Week 3 CA Q/A PDF

    Bonfire of the Vanities , The Right Stuff and The Electric Kool-Aid Acid Test has passed away in the US. He

    was 88.

    Q9. Commerce and Industry Minister Suresh Prabhu has launched the Intellectual Property mascot

    named______

    Answer: IP Nani

    Explanation: The Minister of Commerce and Industry Shri Suresh Prabhu launched the Intellectual Property (IP)

    mascot – IP Nani – at the conference on National Intellectual Property Rights Policy in New Delhi. An anti-piracy video featuring Mr. Amitabh Bachchan was also launched by the Minister at the event.

    Q10. Recently the Union Cabinet has approved to set up National Institute of Mental Health Rehabilitaion

    (NIMHR) in which city?

    Answer: Bhopal

    Explanation: The Union Cabinet has approved the establishment of National Institute

    of Mental Health Rehabilitation (NIMHR) at Bhopal as a society under the Societies Registration Act, 1860 under

    the aegis of the Department of Empowerment of Persons with Disabilities. The estimated cumulative cost of the

    project is Rs. 179.54 crore in first three years. This includes the non-recurring expenditure of Rs. 128.54 crore

    and recurring expenditure of Rs. 51 crore.

    Q11. Which city has become the first city in India to have country s first railway station run by solar power?

    Answer: Guwahati

    Explanation: Guwahati now has India s first railway station run by solar power. The project of installing solar

    panels was commissioned last year in April 2017.

    Q12. Who has been appointed as the Chairman of Lalit Kala Akademi?

    Answer: Uttam Pacharne

    Explanation: The President of India has appointed Shri Uttam Pacharne, as regular Chairman of Lalit Kala

    Akademi. Shri Pacharne is an eminent artist and sculptor. Shri Pacharne will hold office for a term of three years

    from the date on which he assumes the charge of his office.

    Q13. Name the short film which has been chosen as India s official entry into 71st Cannes Film Festival?

    Answer: Raaya

    Explanation: A short film, Raaya , about an autistic girl has been chosen as India s official entry into

    the Cannes Film Festival 2018. The film is produced by Rakesh Gupta and written by hypnotherapist Richa

    Agarwal.

    Q14. Who has been elected as the new Vice-President of Badminton Asia Confederation (BAC)?

    Answer: Himanta Biswa Sarma

    Explanation: Himanta Biswa Sarma, the President of Badminton Association of India (BAI), has been elected

    unanimously as the vice-president of Badminton Asia Confederation (BAC) during the Annual General Meeting

    of the body at Bangkok, Thailand.

    Q15. What is the theme of the 2018 World Telecommunication and Information Society Day?

    Answer: Enabling the positive use of Artificial Intelligence for All

    Explanation: Theme of 2018: Enabling the positive use of Artificial Intelligence for All

    Q16. Joseph Campanella who died recently was a renowned _______

    Answer: Character Actor

    http://www.aspirantszone.com/http://aspirantszone.com/apps/index.htmlhttp://www.facebook.com/aspirantszone/http://www.aspirantszone.com/

  • 4 www.aspirantszone.com|Download AspirantsZone sMobile App | Like us on Facebook

    www.aspirantszone.com May 2018 Week 3 CA Q/A PDF

    Explanation: Veteran character actor Joseph Campanella, who has appeared in more than 200 TV and film roles

    over his 50-year career, is dead. He was 93.

    Q17. Name the iconic actor who has been honored with the TITAN Reginald F. Lewis Film Icon

    Award at the 71st Cannes Film Festival.

    Answer: Sridevi

    Explanation: Iconic actress Sridevi was posthumously honoured at the 71st Cannes Film

    Festival. Filmmaker Subhash Ghai received the award on her behalf. Sridevi was honoured with

    the TITAN Reginald F. Lewis Film Icon Award, which celebrates women of the film industry all over the world

    and also salutes the multicultural impact on the film industry.

    Q18. The first Para-National Games for differently abled athletes under Khelo India scheme will take place in

    which city?

    Answer: Bengaluru

    Explanation: The first Para-National Games for differently abled athletes will be held under Khelo India scheme

    in June-July 2018 in Bengaluru. The multi-sports event is going to be conducted under Paralympic Committee of

    India. The games will be considered as the selection trial of the Para Asian Games to be held in Indonesia in

    October 2018.

    Q19. Viktor Orban has been appointed as the new Prime Minister of which country?

    Answer: Hungary

    Explanation: Hungary s new parliament re-elected Viktor Orban as the Prime Minister for his fourth term who

    won the general elections with 49.42 per cent of the vote, at 81 per cent of the votes counted by the National

    Election office. President Janos Ader thus appointed the ministers of Prime Minister Viktor Orban s fourth

    ministry by giving the 13 ministers their credentials at the appointment ceremony.

    Q20.The United Nations has raised India s GDP growth estimates at ________ percent for 2018-19

    Answer: 7.5%

    Explanation: India remains the world s fastest growing major economy in the UN s latest survey of the global

    economy. Based on the update to the World Economic Situation and Prospects 2018 report , UN has raised

    India s growth rate prospects to 7.5 per cent for this year and 7.6 per cent for the next year because of robust

    private consumption , supportive fiscal policies and benefits from past reforms.

    Q21. The maiden Queen of Mashups - an International Female Disc Jockeys (DJs) Championship will take

    place in which city of India in August 2018?

    Answer: Mumbai

    Explanation: The grand finale of the Queen of Mashups , a unique global female Disc Jockeys (DJs)

    Championship is scheduled to be held on August 15, 2018 at the J W Marriott, Sahar Mumbai. Queen of

    Mashups is an exclusive platform where female DJs get an opportunity to perform and showcase their talent in

    front of the world.

    Q22. The RBI has issued detailed NSFR guidelines to ensure that banks maintain a stable funding profile in

    relation to the composition of their assets and off-balance sheet. What does NSFR stands for?

    Answer: Net Stable Funding Ratio

    Explanation: The RBI has issued detailed Net Stable Funding Ratio (NSFR) guidelines to ensure that banks

    maintain a stable funding profile in relation to the composition of their assets and off-balance sheet

    activities. The guidelines on Net Stable Funding Ratio (NSFR) are in line with global norms prescribed by the

    Basel Committee.The NSFR would be applicable for Indian banks at the solo as well as consolidated level. For

    http://www.aspirantszone.com/http://aspirantszone.com/apps/index.htmlhttp://www.facebook.com/aspirantszone/http://www.aspirantszone.com/

  • 5 www.aspirantszone.com|Download AspirantsZone sMobile App | Like us on Facebook

    www.aspirantszone.com May 2018 Week 3 CA Q/A PDF

    foreign banks operating as branches in India, the framework would be applicable on stand-alone basis (for

    Indian operations only).

    Q23. Who has been conferred with the 2018 Shri Jayadev Rastriya Yuva Pratibha Puraskar?

    Answer: Anindita Anaam

    Explanation: US-based Kathak dancer Anindita Anaam was honoured with the prestigious Shri Jayadev Rastriya

    Yuva Pratibha Puraskar 2018 for outstanding contribution to the field of art.

    Q24. The Reserve Bank of India has modified certain rules for setting up of IBUs. What is IBU?

    Answer: IFSC Banking Units

    Explanation: The Reserve Bank of India (RBI) has modified some of its terms and conditions based on the

    suggestions received from the stakeholders for setting up of IFSC (International Financial Services Centres)

    Banking Units (IBUs). With a view to enabling IBUs to start their operations, the parent bank will be required to

    provide a minimum capital of $20 million or equivalent in any foreign currency to its IBU which should be

    maintained at all times.

    Q25. What is the theme of the 2018 World Hypertension Day?

    Answer: Know Your Numbers

    Explanation: The theme for World Hypertension Day 2018 is Know Your Numbers.

    Q26. Name the newly appointed secretary of the Ministry of Information and Broadcasting?

    Answer: Amit Khare

    Explanation: In a major bureaucratic reshuffle involving 24 top IAS officers, the Centre has appointed senior IAS

    officers Amit Khare as the new secretary in the Information and Broadcasting Ministry. Khare, a 1985-batch IAS

    officer will take over the charge from incumbent NK Sinha who superannuates on May 31.

    Q27. India s longest road tunnel named Zojila tunnel is being set up in which state?

    Answer: Jammu & Kashmir

    Explanation: Prime Minister Narendra Modi is on a one-day visit to the three regions – Leh, Kashmir and Jammu to lay the foundation stone for Zojila tunnel on the Srinagar-Leh National Highway beside launching several

    other development projects. The prime minister unveiled a plaque to mark the commencement of work on

    the Rs 6,809 crore Zojila tunnel to be completed in five years. This will be India s longest road tunnel and Asia s

    longest bi-directional tunnel.

    Q28. Name the youngest Indian women who recently created history by mountaineering the world s highest

    peak Mt Everest.

    Answer: Shivangi Pathak

    Explanation: India s Shivangi Pathak has become youngest women of the country to scale world highest

    peak, Mt Everest, from Nepal side. Besides, two more mountaineers from India, Bhagwan Chawale and Prajit

    Pardesi have also successfully scaled tallest peak on the earth.

    Q29. Which stock exchanges has become the first Indian exchange to be recognized as a Designated Offshore

    Securities Market (DOSM) by the U.S. Securities and Exchange Commission (SEC)?

    Answer: BSE Ltd.

    Explanation: BSE (Bombay Stock Exchange), Asia s oldest stock exchange, has become the first Indian

    exchange to be recognised as a Designated Offshore Securities Market (DOSM) by the U.S. Securities and

    Exchange Commission (SEC). The DOSM status allows sale of securities to U.S. investors through the trading

    venue of BSE without registration of such securities with the U.S. SEC and thus eases the trades by U.S.

    investors in India.

    http://www.aspirantszone.com/http://aspirantszone.com/apps/index.htmlhttp://www.facebook.com/aspirantszone/http://www.aspirantszone.com/

  • 6 www.aspirantszone.com|Download AspirantsZone sMobile App | Like us on Facebook

    www.aspirantszone.com May 2018 Week 3 CA Q/A PDF

    Q30. What is the theme of the International Museum Day 2018?

    Answer: Hyperconnected Museums: New Approaches, New Publics

    Explanation: The theme chosen for 2018 is Hyperconnected museums: New approaches, new publics .

    Q31. What is the theme of the International Day Against Homophobia, Transphobia and Biphobia 2018

    Answer: Alliances for Solidarity

    Explanation: The theme of IDAHOT 2018 is Alliances for Solidarity

    Q32.The World AIDS Vaccine Day is observed on__________

    Answer: May 18

    Explanation: World AIDS Vaccine Day, also known as HIV Vaccine Awareness Day, is observed annually on May

    18 ever since it was first celebrated on May 18, 1998. The day is marked to increase the awareness of a

    continued need for a vaccine to fight against HIV, the virus that causes AIDS.

    Q33. Who has been appointed as the new Managing Director of U.S.-India Business Council (USIBC) India

    Operations?

    Answer: Ambika Sharma

    Explanation: The U.S. Chamber of Commerce s U.S.-India Business Council (USIBC) has

    appointed Ambika Sharma as the Managing Director for its India operations. Prior to her appointment as USIBC

    India head, Sharma was the Director General for International at the Federation of Indian Chambers of

    Commerce and Industry (FICCI).

    Q34.V Balakumaran who passed away recently was a veteran novelist of which language?

    Answer: Tamil

    Explanation: Noted Tamil novelist, short story and script writer V Balakumaran died due to age related illness in

    Tamil Nadu. He was 71.

    Q35. Name the newly appointed President of Hockey India (HI)?

    Answer: Rajinder Singh

    Explanation: Rajinder Singh has been named the new President of Hockey India (HI), following Mariamma

    Koshy s resignation from the post. Singh, who is the Senior Vice President of HI was earlier the Treasurer of HI

    and currently serves as the Treasurer of Hockey Jammu & Kashmir.

    Q36. Who has been named to be honored with West Bengal s highest civilian award?

    Answer: Asha Bhosle

    Explanation: Veteran singer Asha Bhosle will be honoured with the highest civilian award by the West

    Bengal government on May 21 in Kolkata. Asha Bhosle has been a part of the Hindi film industry for over six

    decade.

    Q37. Name the country which has developed World s first floating nuclear power station?

    Answer: Russia

    Explanation: Russia has unveiled world s first floating nuclear power station at a ceremony in the port of the far

    northern city of Murmansk, where it will be loaded with nuclear fuel before heading to eastern Siberia. Called

    the Academik Lomonosov, the two-reactor 70-megawatt floating power plant has been built in Saint Petersburg

    and took 11 years in the making.

    Q38. Freedom fighter Raghuvir Singh who died recently hailed from which city?

    Answer: Muzaffarnagar

    http://www.aspirantszone.com/http://aspirantszone.com/apps/index.htmlhttp://www.facebook.com/aspirantszone/http://www.aspirantszone.com/

  • 7 www.aspirantszone.com|Download AspirantsZone sMobile App | Like us on Facebook

    www.aspirantszone.com May 2018 Week 3 CA Q/A PDF

    Explanation: The lone freedom fighter of Muzaffarnagar district, Raghuvir Singh, passed away after brief illness

    in Noida. He was 95. Singh was part of Subhas Chandra Bose s Azad Hind Fauj, they said.

    Q39.Who has been given the additional charge as the Governor of Madhya Pradesh till incumbent Governor

    Anandiben Patel returns from leave?

    Answer: Om Prakash Kohli

    Explanation: Gujarat Governor Om Prakash Kohli has been given the additional charge of Madhya Pradesh as

    the incumbent Governor, Anandiben Patel is on leave. Anandiben, became the Governor of Madhya Pradesh in

    January 2018, replacing Kohli, who even at that time held the same position. Kohli held the additional charge of

    the office of Governor of Madhya Pradesh from 8 September 2016 to 19 January 2018.

    Q40. NITI Aayog s 3 days Venture Capital Symposium 2018 is being organised to strengthen the economic

    relation between India and___________

    Answer: France

    Explanation: NITI Aayog, in association with Vision India Foundation, is organising the Venture Capital

    Symposium 2018 to deepen the economic relationships between France and India. The Venture Capital

    Symposium 2018 is a three day event where the French investors will be interacting with 100 early to mid-stage

    Indian start-ups.

    Q41. Yamunabai Waikar died of old age recently. She was a renowned ____________

    Answer: Singer

    Explanation: Acclaimed Lavani singer and Padma Shri recipient Yamunabai Waikar passed away after a brief

    illness at the age of 103. In 2012, she was honoured with a Padma Shri.

    Q42. Name the Bollywood actor who has been honored by European Union for being a bridge builder

    between India and Europe in strengthening cultural ties?

    Answer: Amitabh Bachchan

    Explanation: Megastar Amitabh Bachchan has been honoured by European Union for strengthening Europe-

    India cultural ties. Tomasz Kozlowski, the European Union Ambassador to India, bestowed the prestigious award

    on him from the European Union for being a bridge builder between India and Europe.

    Q43. Name the new scheme launched by the Textile Ministry under skill India mission for capacity building in

    the sector.

    Answer: Samarth

    Explanation: A meeting of stakeholders on Samarth – Scheme for Capacity Building in Textile Sector under the Skill India Mission was held in New Delhi to familiarize the stakeholders about the scheme and its

    guidelines. The meeting was chaired by Union Minister of Textiles, Smt Smriti Zubin Irani. The broad objective of

    the new scheme is to skill the youth for gainful and sustainable employment in the textile sector covering the

    entire value chain of textiles, excluding spinning and weaving.

    Q44. Name the winner of the UK s Charity Clarity Award for Outstanding Impact 2018?

    Answer: Jagriti Yatra

    Explanation: An Indian charity named Jagriti Yatra, that organises 15-day train journeys around India to

    understand and build the India of smaller towns and villages through enterprise has won an award in

    London. It was among a series of worldwide charities and individuals recognised for their impact within their

    communities at the Asian Voice Charity Awards, powered by due diligence platform Charity Clarity.

    Q45. India is soon to include Artificial Intelligence in its defence forces for which a task force has been

    constituted to plan and execute the project. Who will head this committee?

    http://www.aspirantszone.com/http://aspirantszone.com/apps/index.htmlhttp://www.facebook.com/aspirantszone/http://www.aspirantszone.com/

  • 8 www.aspirantszone.com|Download AspirantsZone sMobile App | Like us on Facebook

    www.aspirantszone.com May 2018 Week 3 CA Q/A PDF

    Answer: N. Chandrasekaran

    Explanation: After US, Russia and China, India has decided to include Artificial Intelligence in its defence

    forces with an aim to enhance the operational preparedness of the armed forces. A task force has been set up

    under the chairmanship of Tata Sons chairman N. Chandrasekaran to finalise the specifics and framework of the

    project.

    Q46. China s Zhao Kangmin passed away at the age of 82. He was a renowned __________.

    Answer:Archaeologist

    Explanation: The Chinese archaeologist credited with discovering the ancient Terracotta Warriors, Zhao

    Kangmin, has died aged 82. Zhao was the first archaeologist to identify fragments of terracotta found by local

    farmers digging a well in 1974 as relics dating back to the Qin dynasty and the first to excavate the site.

    Q47. Name the all women cruise naval ship which returned to Goa after successfully navigating the globe for

    past 8 months?

    Answer: INSV Tarini

    Explanation: Indian Naval Sailing vessel Tarini (INSV Tarini), with an all-women crew circumnavigating the globe

    for eight months under the Navika Sagar Parikrama project, successfully completed its mission and returned to

    Goa. Defence Minister Nirmala Sitharaman received the six-member team along with Chief of Naval

    Staff Admiral Sunil Lamba.The INSV Tarini is the first Indian all-women crew to circumnavigate the globe.

    Q48. The European Golden Shoe for 2017-18 has been won by which player?

    Answer: Lionel Messi

    Explanation: Barcelona striker Lionel Messi has won his fifth European Golden Shoe after his team beat Real

    Sociedad 1-0 in its final La Liga Santander match of the season. Messi who finished the campaign as top La

    Liga goal scorer. also won the award last year, as well as in 2010, 2012 and 2013, and is the only player to do so

    five times.

    Q49. India successfully tested the Russian JV-BrahMos cruise missile-under life extension program. The life of

    the missile has been extended to ________ years from the previous 10 years.

    Answer: 15 Years

    Explanation: India successfully test-fired BrahMos cruise missile under life extension program from a mobile

    launcher from the Integrated Test Range (ITR) at Chandipur along the Odisha coast. BrahMos is the first Indian

    missile whose life has been extended from 10 to 15 years. The successful test will result in huge savings of

    replacement cost of missiles held in the inventory of the Indian Armed Forces.

    Q50. Anti Terrorism Day is observed to mark the death anniversary of which political leader?

    Answer: Rajiv Gandhi

    Explanation: Martyrdom of former Prime Minister Rajiv Gandhi, also known as Anti Terrorism Day is observed

    across India on 21 May. A grateful nation is remembering former Prime Minister Rajiv Gandhi on his 27th death

    anniversary on May 21, 2018. Rajiv Gandhi was assassinated in a suicide bombing at Chennai s Sriperumbudur

    on this day in 1991.

    Q51. The National Skill Development Mission of the Government of India aims to impart various skills training

    among over 40 crore of people by which year?

    Answer: 2022

    Explanation: Union Petroleum and Skill Development Minister, Dharmendra Pradhan said National Skill

    Development Mission aims at training over 40 crore people in the country in a wide range of skills by 2022. The

    http://www.aspirantszone.com/http://aspirantszone.com/apps/index.htmlhttp://www.facebook.com/aspirantszone/http://www.aspirantszone.com/

  • 9 www.aspirantszone.com|Download AspirantsZone sMobile App | Like us on Facebook

    www.aspirantszone.com May 2018 Week 3 CA Q/A PDF

    Mission is training people in different skills ranging from industrial welding, industrial electrician to computer

    data application course. The mission was launched by Prime Minister Narendra Modi in 2015.

    Q52. According to the rating agency Icra Ltd, India s GDP growth is estimated to grow at __________ in the

    fourth quarter of 2017-18

    Answer: 7.4%

    Explanation: Rating agency Icra Ltd expects gross domestic product (GDP) growth in the fourth quarter of the

    fiscal 2017-18 at 7.4% on account of good rabi crop harvest and improved corporate earnings, up from 7.2% in

    the third quarter.

    Q53. British-American Bernard Lewis who died recently was a well known ________

    Answer: Historian

    Explanation: Prominent British-American historian Bernard Lewis, a leading scholar on Oriental and Middle

    Eastern studies, died Sunday at the age of 101.

    Q54. Who has been re-elected as the President of Venezuela?

    Answer: Nicolas Maduro

    Explanation: Venezuela s President and leftist leader, Nicolás Maduro has been re-elected for another second

    six-year term in presidential elections.

    Q55. Yaddanapudi Sulochana Rani who passed away recently was a veteran __________

    Answer: Telugu Novelist

    Explanation: Veteran writer, novelist Yaddanapudi Sulochana Rani, who along with her women counterparts

    Arikepudi Kousalya Devi and Ranganayakamma, heralded a new era in Telugu fictional literature since the

    1950s, passed away at California. The writer, who hailed from Kaza village of Krishna district, was 78.

    Q56. Who has won the 2018 Italian Open in men s single event?

    Answer: Rafael Nadal

    Explanation: In Tennis, Rafael Nadal has beaten Germany s Alexander Zverev to win Italian Open title for a

    record eighth time. With this win, Spaniard regained the world number one ranking.

    Q57. Who has been appointed as the new President of the New York Stock Exchange (NYSE)?

    Answer: Stacey Cunningham

    Explanation: The New York Stock Exchange (NYSE) has named Stacey Cunningham its first female chief in the

    history of the 226-year-old exchange.

    Q58. The World Day for Cultural Diversity for Dialogue and Development is observed on__________

    Answer: May 21

    Explanation: Every year on 21 May, the World Day for Cultural Diversity for Dialogue and Development is

    celebrated to promote the richness of the world s cultures and and highlight the significance of its diversity for

    achieving peace and sustainable development.

    Q59. The Chatra Parivahan Suraksha Yojana has been launched by which state for the safety of the girl

    students?

    Answer: Haryana

    Explanation: Chief Minister of Haryana, Shri Manohar Lal Khattar has announced the launch of Chatra

    Parivahan Suraksha Yojana to ensure safety of girl students. Under this scheme, five or more girl students, will

    get free travel facility from their home to their educational institutions.

    http://www.aspirantszone.com/http://aspirantszone.com/apps/index.htmlhttp://www.facebook.com/aspirantszone/http://www.aspirantszone.com/

  • 10 www.aspirantszone.com|Download AspirantsZone sMobile App | Like us on Facebook

    www.aspirantszone.com May 2018 Week 3 CA Q/A PDF

    Q60. As per the data of NITI Aayog, the Indian economy is likely to achieve a growth rate of ______ percent

    by 2022

    Answer: 9%

    Explanation: NITI Aayog vice-chairman Rajiv Kumar has estimated that Indian economy will achieve 9 percent

    growth rate on sustained basis by 2022 on the back of reforms like GST, demonetisation and the Insolvency and

    Bankruptcy Code (IBC). He said that Indian economy grew by 6.6 percent in 2017-18 and expected to grow at

    7.5 percent this fiscal.

    Q61.Recently which player has been honored with the title of France s player of the year at UNFP Awards in

    Paris?

    Answer: Neymar

    Explanation: Paris Saint-Germain s Brazilian forward Neymar was named as France s player of the year at an

    awards ceremony in Paris. The Paris Saint-Germain superstar took the prize despite missing the last three

    months of the season due to injury.The world s most expensive player has scored 19 goals in just 20 league

    games for PSG.

    Q62. The world s largest bird sculpture named Jatayu Earth s Centre, is being established in which city?

    Answer: Thiruvananthapuram

    Explanation: The Kerala Tourism Minister Kadakampally Surendran has announced that Kerala tourism will

    inaugurate the world s largest bird sculpture, Jatayu Earth s Centre in Thiruvananthapuram on July 4. The

    replica of the bird Jatayu — a character in the Ramayana — is 200 feet long, 150 feet wide, 65 feet tall and is positioned right at the top of a rock situated 1,000 feet above sea level.

    Q63. The foundation stone for the Southern Campus of National Institute of Disaster Management (NIDM)

    has been laid in which state?

    Answer: Andhra Pradesh

    Explanation: Vice President M Venkaiah Naidu laid the foundation stone for the Southern Campus of National

    Institute of Disaster Management (NIDM) at Kondapavuluru in Krishna District of Andhra

    Pradesh. NIDM s Campus would become a Centre for excellence in the future and save people from cyclones

    and other disasters.

    Q64. Name the world s largest amphibian, which according to the researchers are on the verge of getting

    extinct due to high poaching.

    Answer: Chinese giant salamander

    Explanation: The critically endangered Chinese giant salamander, well known as the world s largest amphibian,

    now faces the imminent threat of extinction in the wild. The findings, published in the journal Current Biology,

    showed that illegal poaching of the amphibians is widespread.

    Q65. What is the theme of the 2018 International Bio-diversity Day?

    Answer: Celebrating 25 Years of Action for Biodiversity

    Explanation: The theme this year is, Celebrating 25 Years of Action for Biodiversity . 2018 marks the 25th

    anniversary of the entry into force of the Convention on Biological Diversity and to highlight progress made in

    the achievement of its objectives at the national and global levels.

    Q66. The 26th BASIC Ministerial Meeting of Environment Ministers was held in which country?

    Answer: Durban, South Africa

    Explanation: The 26th BASIC Ministerial Meeting of Environment Ministers was held in Durban, South Africa for

    http://www.aspirantszone.com/http://aspirantszone.com/apps/index.htmlhttp://www.facebook.com/aspirantszone/http://www.aspirantszone.com/

  • 11 www.aspirantszone.com|Download AspirantsZone sMobile App | Like us on Facebook

    www.aspirantszone.com May 2018 Week 3 CA Q/A PDF

    co-operation to protect the climate for present and future generations. The grouping is a bloc of four countries

    – Brazil, South Africa, India and China – formed by an agreement on November 28, 2009.

    Q67. The West Asia Football Federation Championship 2018 will be held in which country?

    Answer: Iraq

    Explanation: Iraq is to host a West Asia Football Federation championship at Basra Sports City stadium in the

    southern Iraqi city in November, the first international tournament to be staged in the country since the 1990s.

    Q68. Name the relay satellite launched by Chinese space agency recently to explore the dark side of the

    moon.

    Answer: Queqiao

    Explanation: China has launched a relay satellite named Queqiao, or Magpie Bridge as part of a

    groundbreaking programme to be the first to land a spacecraft on the far side of the moon later this year. The

    launch is likely to make China the first country to soft-land a probe to investigate moon s far side, also known as

    the dark side because it faces away from the earth and is comparatively unknown.

    Q69. Which novel has won the 2018 Man Booker International Prize?

    Answer: Flights

    Explanation: An English translation of the Polish novel Flights, which combines tales about travel with

    explorations of the human body, was named as the winner of the prestigious Man Booker International Prize

    2018. The novel has been written by Polish author Olga Tokarczuk and translated in English by Jennifer Croft.

    Q70. Bill Gold passed away recently. He was a well known _____

    Answer: Graphic Designer

    Explanation: Bill Gold, one of Hollywood s best-known creators of film posters, has died aged 97. The veteran

    illustrator who had hand in more than 2,000 posters began work at the film production company Warner

    Brothers in the 1940s.

    Q71. Philip Roth who died recently was a renowned________

    Answer: Author

    Philip Roth, the Pulitzer Prize winning American author of American Pastoral and Portnoy s

    Explanation: Complaint , has died. He was 85.A prolific and controversial writer, Roth was a dominant force in

    American literature throughout the latter half of the 20th century. He wrote more than 30 books.

    Q72. The Bank Note Paper Mill India (BNPM) has received green signal to increase the production of bank

    note paper at its Mysuru unit from 12,000 tonnes per annum (TPA) to _____ TPA.

    Answer: 16,000

    Explanation: The government s Bank Note Paper Mill India (BNPM) has received environment clearance (EC) to

    increase the production of bank note paper at its Mysuru unit in Karnataka from 12,000 tonnes per annum

    (TPA) to 16,000 TPA. BNPM is a jont venture of Bharatiya Reserve Bank Note Mudran (BRBNMPL) and Security

    Printing and Minting Corporation of India (SPMCIL).

    Q73. Who has bagged the 2018 Palme d Or award, the highest prize at the 71st Cannes Film Festival?

    Answer: Hirokazu Kore-eda

    Explanation: Japanese director Hirokazu Kore-eda bagged the top prize — the Palme d Or at the closing ceremony of the 71st Cannes Film Festival. Kore-eda won the Palme d Or for Manbiki Kazoku

    (Shoplifters) and is only the second Asian Palme d Or winner this millennium (after Thailand s Apichatpong

    Weerasethakul for Uncle Boonmee Who Can Recall His Past Lives , 2010).This is the seventh time that a

    director from Asia has bagged the coveted trophy.

    http://www.aspirantszone.com/http://aspirantszone.com/apps/index.htmlhttp://www.facebook.com/aspirantszone/http://www.aspirantszone.com/

  • 12 www.aspirantszone.com|Download AspirantsZone sMobile App | Like us on Facebook

    www.aspirantszone.com May 2018 Week 3 CA Q/A PDF

    Q74. Name the commodity market to launch India s first options contract on copper futures.

    Answer: Multi Commodity Exchange (MCX)

    Explanation: Multi Commodity Exchange of India Ltd. (MCX) has launched India s first options contract on

    copper futures. Three contracts expiring in June, August and November 2018 with a lot size of 1 tonne were

    launched. The option contract will provide physical market participants an additional instrument to hedge their

    risk.

    Q75. Name the celebrity to be conferred with the BRICS Business Forum Leadership Lifetime Achievement

    Award 2018?

    Answer: Sridevi

    Explanation: Late veteran actress Sridevi was posthumously conferred with the BRICS Business Forum

    Leadership Award for Lifetime Achievement in Indian Cinema. Reena Marwah, sister of actor-producer Boney

    Kapoor, husband of late Sridevi, received the award and memento from Minister of State in the Prime

    Minister s Office Dr. Jitendra Singh and Larisa Zelentsova, President of the International Alliance

    of BRICS (Strategic Projects) and Representative in ECOSOC UN.

    http://www.aspirantszone.com/http://aspirantszone.com/apps/index.htmlhttp://www.facebook.com/aspirantszone/http://www.aspirantszone.com/

  • 13 www.aspirantszone.com|Download AspirantsZone sMobile App | Like us on Facebook

    www.aspirantszone.com May 2018 Week 3 CA Q/A PDF

    Static GK Questions Based on Current Affairs

    Q1. Which among the following is not an Intellectual property (IP)?

    A) Copyrights

    B) Patent

    C) Machinery

    D) Trademarks

    Answer: C) Machinery

    Explanation: Intellectual property (IP) is a category of property that includes intangible creations of the human

    intellect, and primarily encompasses copyrights, patents, and trademarks

    Q2. Malabo is the capital of which country?

    Answer: Equatorial Guinea

    Explanation: Currency: Central African CFA franc

    Q3. What is the capital of Suriname?

    Answer: Capital: Paramaribo

    Explanation: Currency: Surinamese dollar

    Q4. What is the currency of Morocco?

    Answer: Dirham

    Explanation: Capital: Rabat; Currency: Moroccan dirham

    Q5. What is the currency of Brunei?

    Answer: Dollar

    Explanation: Capital: Bandar Seri Begawan

    Currency: Brunei dollar

    Q6. The Lalit Kala Akademi is headquartered at_____________

    Answer: New Delhi

    Explanation: The Lalit Kala Akademi or National Academy of Art is India s national academy of fine arts. It is an

    autonomous organisation, established in New Delhi in 1954 by Government of India

    Q7. The headquarter of Badminton Asia Confederation (BAC) is located at_______

    Answer: Malaysia

    Explanation: The Badminton Asia is the governing body of badminton in Asia. It is one of the 5 continental bodies

    under the flag of the Badminton World Federation (BWF). The confederation was established in 1959, headquartered

    in Petaling Jaya, Malaysia. The confederation name was changed from Asian Badminton Confederation

    (ABC) to Badminton Asia Confederation (BAC) on July 16, 2006.

    Q8. Who is the Director General of the India Meteorological Department (IMD)?

    Answer: Dr. K.J. Ramesh

    Explanation: The India Meteorological Department (IMD) is an agency of the Ministry of Earth Sciences of

    http://www.aspirantszone.com/http://aspirantszone.com/apps/index.htmlhttp://www.facebook.com/aspirantszone/http://www.aspirantszone.com/

  • 14 www.aspirantszone.com|Download AspirantsZone sMobile App | Like us on Facebook

    www.aspirantszone.com May 2018 Week 3 CA Q/A PDF

    the Government of India responsible for meteorological observations, weather forecasting and seismology. IMD is

    headquartered in Delhi with regional office are at Mumbai, Kolkata, Nagpur and Pune. It has the responsibility for

    forecasting, naming and distribution of warnings for tropical cyclones in the Northern Indian Ocean region, including

    the Malacca Straits, the Bay of Bengal, the Arabian Sea and the Persian Gulf.

    Q9. Who is the President of the Paralympic Committee of India?

    Answer: Rao Inderjit Singh

    Q10. Name the President of Hungary

    Answer: Janos Ader

    Explanation: Capital-Budapest

    Currency-Hungarian forint

    Q11. Who is the Chairman of the National Commission for Protection of Child Rights (NCPCR)?

    Answer: Stuti Narain Kacker

    Explanation: The National Commission for Protection of Child Rights (NCPCR) is an Indian governmental commission,

    established by an Act of Parliament, the Commission for Protection of Child Rights Act in December 2005. Its present

    chairman is Stuti Narain Kacker

    Q12. The headquarter of the International Council of Museums (ICOM) is located at___________

    Answer: Paris, France

    Explanation: The International Council of Museums (ICOM), created in 1946, is the only organisation of museums and

    museum professionals with a global scope, committed to the promotion and protection of natural and cultural

    heritage, present and future, tangible and intangible.

    Q13. The U.S.-India Business Council was formed in which year?

    Answer: 1975

    Explanation: The U.S.-India Business Council was formed in 1975 as a business advocacy organization to enlighten and

    encourage the private sectors of both India and United States to enhance investment flows.

    Q14. The Shanghai Cooperation Organization (SCO) was formed in which year?

    Answer: 2001

    Explanation: The Shanghai Cooperation Organisation (SCO) is a Eurasian political, economic, and security organisation,

    the creation of which was announced on 15 June 2001 in Shanghai, China by the leaders

    of China, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, and Uzbekistan. India and Pakistan joined SCO as full members on

    9 June 2017 at a summit in Astana, Kazakhstan.

    Q15. The Kishanganga Hydropower Station is being set up in which Indian state?

    Answer: Jammu & Kashmir

    Q16. Asuncion is the capital of which country?

    Answer: Paraguay

    Explanation: Currency: Paraguayan guaraní

    http://www.aspirantszone.com/http://aspirantszone.com/apps/index.htmlhttp://www.facebook.com/aspirantszone/http://www.aspirantszone.com/

  • 15 www.aspirantszone.com|Download AspirantsZone sMobile App | Like us on Facebook

    www.aspirantszone.com May 2018 Week 3 CA Q/A PDF

    Q17. Who is the European Union Ambassador to India?

    Answer: Tomasz Kozlowski

    Q18. Hockey India is based in__________

    Answer: New Delhi

    Explanation: Hockey India is the governing body of field hockey in India. It was formed on July 24, 2009 after Indian

    Hockey Federation was dismissed in 2008 by IOA.

    Q19. The European Union (EU) is a political and economic union of how many countries?

    Answer: 28

    Explanation: The European Union (EU) is a political and economic union of 28 member states that are located

    primarily in Europe.

    Q20. The Rural Infrastructure Development Fund (RIDF) was created in NABARD with an initial corpus of Rs____

    crore

    Answer: Rs.2,000 crore

    Explanation: Government of India created the RIDF in NABARD in 1995-96, with an initial corpus of Rs.2,000 crore.

    With the allocation of Rs.25,000 crore for 2017-18 under RIDF XXIII, the cumulative allocation has reached Rs.2,92,500

    crore, including Rs. 18,500 crore under Bharat Nirman.

    Q21. The ICRA rating agency is based in________

    Answer: Gurugram

    Q22. Caracas is the capital of which country?

    Answer: Venezuela

    Explanation: Currency: Venezuelan bolívar

    Q23. Professional tennis star Alexander Zverev belongs to which country?

    Answer: Germany

    Q24. Which among the given is not a member of the BASIC countries?

    A) Brazil

    B) Bangladesh

    C) China

    D) India

    Answer: B) Bangladesh

    Explanation: The BASIC countries are a bloc of four large newly industrialized countries namely Brazil, South Africa,

    India and China – formed by an agreement on November 28, 2009.

    Q25. Professional footballer, Neymar hails from which country?

    Answer: Brazil

    Explanation: Neymar da Silva Santos Junior, commonly known as Neymar or Neymar Jr., is a Brazilian professional

    footballer who plays as a forward for French club Paris Saint-Germain and the Brazil national team.

    http://www.aspirantszone.com/http://aspirantszone.com/apps/index.htmlhttp://www.facebook.com/aspirantszone/http://www.aspirantszone.com/

  • 16 www.aspirantszone.com|Download AspirantsZone sMobile App | Like us on Facebook

    www.aspirantszone.com May 2018 Week 3 CA Q/A PDF

    Q26. The third AIIB Annual Meeting of the Board of Governors will be held in which city in June 2018?

    Answer: Mumbai

    Explanation: The Bank s third Annual Meeting of the Board of Governors will be held in Mumbai, India in June 2018.

    http://www.aspirantszone.com/http://aspirantszone.com/apps/index.htmlhttp://www.facebook.com/aspirantszone/http://www.aspirantszone.com/

  • 17 www.aspirantszone.com|Download AspirantsZone sMobile App | Like us on Facebook

    www.aspirantszone.com May 2018 Week 3 CA Q/A PDF

    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

    For any queries, contact us freely at [email protected]

    http://www.aspirantszone.com/http://aspirantszone.com/apps/index.htmlhttp://www.facebook.com/aspirantszone/http://www.aspirantszone.com/http://www.aspirantszone.com/http://www.aspirantszone.com/quantitative-aptitude/http://www.aspirantszone.com/reasoning/http://www.aspirantszone.com/quiz-zone/english/http://www.aspirantszone.com/computer/http://www.aspirantszone.com/weekly-ca-quiz/http://www.aspirantszone.com/daily-current-affairs-quiz/http://www.aspirantszone.com/static-gk/http://www.aspirantszone.com/banking-awareness/http://www.aspirantszone.com/budget-2018-quiz-questions-answers/