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Monthly CA Digest : July 2021

Monthly GK & CA Quiz : 1st July 2021
1. ICC Men’s T20 World Cup, originally slated to
be held in India, will now be shifted to________
A. Australia
B. UAE
C. Oman
D. Newzealand
E. None of these
Correct Answer: B. UAE
Explanation: ICC Men’s T20 World Cup,
originally slated to be held in India, will now be
shifted to the UAE. The Board of Control for
Cricket in India (BCCI), which holds the hosting
rights of this year’s event, will inform the
International Cricket Council (ICC) in this regard.
The T20 World Cup was postponed last year due
to the pandemic. The BCCI will remain the hosts
of the event, which will now be held in Dubai
International Stadium, the Sheikh Zayed Stadium
in Abu Dhabi, the Sharjah Stadium, and the
Oman Cricket Academy Ground, from 17
October to 14 November 2021.
2. Mollywood’s veteran cinematographer and
director, ________ passed away recently.
A. Sreedharan Nair
B. KV Anand
C. Sivan
D. B Kannan
E. None of these
Correct Answer: C. Sivan
Explanation: Mollywood’s veteran
cinematographer and director, Sivan passed
away recently. The ace cinematographer rose to
fame in the Malayalam film industry with the
photographs, he took for a film titled Chemeen.
He has won a National Award three times in his
career. His popular films include Abhayam,
Yagam, Keshu, Kochu Kochu Mohangal, Oru
Yathra, etc.
3. Who has been appointed the chairman of the
Indian Federation of United Nations
Associations (IFUNA)?
A. Shambhu Nath Srivastava
B. Sharad Arvind Bobde
C. Ranjan Gogoi
D. Jagdish Singh Khehar
E. None of these
Correct Answer: A. Shambhu Nath Srivastava
Explanation: Justice (Retd.) Shambhu Nath
Srivastava, a former judge of Allahabad High
Court and former chief Lokayukta of
Chhattisgarh, has been appointed the chairman
of the Indian Federation of United Nations
Associations (IFUNA). Indian Federation of
United Nations Associations, a non-profit
organisation to promote objectives of the United
Nations and its specialised agencies. IFUNA
enjoys special consultative status with the
Economic and Social Council of the UN.
4. Which of the following country has been
included new in grey list of Financial Action Task
Force (FATF)?
A. Myanmar
B. Indonesia
C. Philippines
D. Malaysia
E. None of these

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Correct Answer: C. Philippines
Explanation: Philippines has been included in
the grey list of the Financial Action Task Force
(FATF). FATF has released its grey list of
jurisdictions that will be subjected to increased
monitoring. In addition to the Philippines, Haiti,
Malta, and South Sudan have also been added to
the grey list. Now, these jurisdictions will be
required to submit progress reports to the FATF
thrice a year. The Philippines was removed from
the blacklist of FATF in 2005. It was previously
included in FATF’s blacklist in 2000.
What is FATF grey list?
 FATF grey list is the list in which
jurisdictions under increased monitoring
are placed. If a jurisdiction is placed
under increased monitoring, this means
that jurisdiction is committed to resolving
strategic deciencies within agreed
timeframes.
 Jurisdictions under the FATF grey list
actively work with FATF to address
strategic deciencies in their regime to
fight against money laundering and
terrorist financing.
5. PM Modi has recently launched Japanese
style Zen Garden in which city of India
A. Indore
B. Surat
C. Guwahati
D. Ahmedabad
E. None of these
Association (AMA) premises in Ahmedabad.
These two new initiatives are part of PM’s vision
of creating a ‘Mini-Japan’ in Gujarat. The newly
launched Zen Garden in Ahmedabad will
showcase several elements of Japanese art,
culture, landscape and architecture. The Zen
garden features a statue of Lord Buddha. The
garden is built in partnership with the Japan
Information and Study Centre at AMA and Indo-
Japan Friendship Association (IJFA), Gujarat,
supported by the Hyogo International
Association (HIA), Japan.
6. Which department has launched Enforcing
Contracts Portal to promote ease of doing
business and improve the ‘Contract
Enforcement Regime’ in the country?
A. Department of Expenditure
B. Department for Promotion of Industry &
Internal Trade
C. Department of Commerce
D. Department of Justice
E. None of these
Correct Answer: D. Department of Justice
Explanation: The Department of Justice has
launched Enforcing Contracts Portal. It has been
launched to promote ease of doing business and
improve the ‘Contract Enforcement Regime’ in
the country. The portal will have comprehensive
information on legislative and policy reforms
regarding “Contract Enforcement” parameters.
The portal will provide the latest information on
commercial cases in Dedicated Commercial
Courts of Delhi, Mumbai, Bengaluru, and
Kolkata.

7. National Doctor's Day is celebrated every

Correct Answer: D. Ahmedabad
year on _______________ in India.
Explanation: Prime Minister Shri Narendra Modi
A. 1 July
virtually inaugurated a Zen Garden and Kaizen B. 2 July
Academy at Ahmedabad Management

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C. 30 June
D. 29 June
E. None of these
Correct Answer: A. 1 July
Explanation: In India, 1 July is celebrated as
National Doctor's Day by the Indian Medical
Association (IMA). It is observed to
commemorate the birth and death anniversary
of Dr. Bidhan Chandra Roy. The First Doctor’s
Day was celebrated in India in the year 1991 in
honour of former Bengal’s Chief Minister Dr. BC
Roy.
8. Who became the youngest
Grandmaster in the world?
A. Arjun Kalyan
B. Aryan Chopra
C. R Praggnanandhaa
D. Abhimanyu Mishra
E. None of these
Correct Answer: D. Abhimanyu Mishra
Explanation: Abhimanyu Mishra became the
youngest chess Grandmaster in the world. He
breaks the record of 12 years and seven months
set by Sergey Karjakin. Abhimanyu Mishra
becomes the youngest chess Grandmaster at the
age of 12 years, 4 months and 25 days. He
achieved this feat at the Vezerkepzo GM Mix in
Budapest. He had become the youngest National
Master in the US at the age of nine.
9. Recently, Union Cabinet has approved MoU
between the Indian Council of Medical Research
(ICMR), and _______________ for cooperation
in the field of Health Research.
A. Australian Medical Council
B. National Institutes of Health
C. Nepal Health Research Council
D. Department of U.S. medical research
E. None of these
Correct Answer: C. Nepal Health Research
Council
Explanation: A Memorandum of Understanding
(MoU) between the Indian Council of Medical
Research (ICMR), and the Nepal Health Research
Council (NHRC) has been approved by the Union
Cabinet. The main objective of this MoU is to
collaborate on joint research activities of mutual
interest like Ayurveda/traditional medicine,
climate change and health, non-communicable
diseases, health research ethics, etc.
10. Regional Conference on Good Governance
chess Practices is being organized in _____________.
A. Srinagar
B. Shimla
C. Bhopal
D. Indore
E. None of these
Correct Answer: A. Srinagar
Explanation: A two-day Regional Conference is
being organized in Srinagar under the theme of
“Replication of Good Governance Practices”. It is
scheduled to be organized from 1-2 July 2021 in
Srinagar. Department of Administrative Reforms
and Public Grievances (DARPG) is organizing the
conference. The conference is organized at the
Sher-e-Kashmir International Convention Centre
(SKICC) in a semi-virtual medium.
11. Law Minister Shri Ravi Shankar Prasad has
recently launched ‘itat e-dwar’, an e-filing portal
of ______
A. Income Tax Appellate Tribunal
B. Competition Appellate Tribunal
C. National Green Tribunal
D. Inter -State council Tribunal
E. None of these

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Correct Answer: A. Income Tax Appellate
Tribunal
Explanation: Union Minister for Law & Justice,
Communications and Electronics & IT, Ravi
Shankar Prasad has formally launched the e-
filing portal of Income Tax Appellate Tribunal
(ITAT), ‘itat e-dwar’, in New Delhi. The newly
developed e-Filing Portal would enable the
parties to file their Appeals, Miscellaneous
Applications, documents, paper books, etc.,
electronically. The portal will enable the online
filing of appeals, applications and documents by
various parties. According to Law Minister Ravi
Shankar Prasad, the launch of the e-filing portal
of the Income Tax Appellate Tribunal (ITAT),
should be seen as a larger narrative of
transformation the country is undergoing
through the digital medium.
Key Highlights
 The ‘ITAT e-dwar’ portal aims to enhance
accessibility, accountability and
transparency in the day-to-day working
of the ITAT.
 It would not only result in economization
of the use of paper and cost savings but
also rationalization of the fixation of
cases leading to quicker disposal of cases.
 The e-Filing Portal will enable the parties
to electronically file their Appeals,
Miscellaneous Applications, documents
and paper books.
 All the communication regarding their
appeals, like filing of appeal or hearing
date, adjournments, pronouncements
and disposals will be sent to the
appellant’s Mobile and E-Mail Id.
 The tribunal orders will also be sent on
the given E-Mail Id.
 The ITAT in its next phase aims to
designate specific benches as Paperless
Benches and touch screens will be
provided in these Paperless Benches to
enable members to access their e-
Appeals.
12. Who is the author of the book titled
“Anomalies in Law and Justice”?
A. Roshan Singh Sodhi
B. M N Venkatachaliah
C. R V Raveendran
D. B N Srikrishna
E. None of these
Correct Answer: C. R V Raveendran
Explanation: Chief Justice of India Justice NV
Ramana has released former Supreme Court
judge RV Raveendran’s book “Anomalies in Law
and Justice”. The book is an attempt to explain
to the layman that the law and the legal system
is still evolving and that it requires more critical
thinking to resolve issues that have persisted in
the system for a long time. The book covers
procedural as well as substantive law relating to
civil procedure, electoral reforms and the
alternate dispute resolution mechanism.
13. What is India’s rank in the Asia Pacific region
in Global Cybersecurity Index 2020 recently
released by International Telecommunication
Union (ITU)?
A. 1st
B. 3rd
C. 4th
D. 2nd
E. None of these
Correct Answer: C. 4th

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Explanation: India has achieved a rank among
top 10 countries in Global Cybersecurity Index
2020 released by International
Telecommunication Union (ITU). India has
moved up by 37 places. It is now ranked tenth in
the world in Global Cybersecurity Index 2020.
India is ranked at 4th position in Asia Pacific
region. US is ranked at first place in the index. UK
and Saudi Arabia share the second rank. Estonia
is ranked in third place.
by Hyderabad-based Grene Robotics. As per the
company, the drone defence dome – ‘Indrajaal’ is
capable of autonomously protecting an area of
1000-2000 sq km against aerial threats. It
protects the area by assessing and acting on
aerial threats such as Unmanned Aerial Vehicles
(UAVs), and Low- Radar Cross Section (RCS)
targets.

14. Indian Navy warship has recently conducted

military drill with ________________ vessel in
the East China Sea.
A. Chinese
B. North Korean
C. Japanese
D. South Korean
E. None of these

Correct Answer: D. South Korean

Explanation: Indian Navy warship conducted
military drill with South Korean vessel in the East
China Sea. The drill was aimed at enhancing
interoperability and facilitating the exchange of
best practices between the two navies. Indian
Navy's indigenous ASW Corvette INS Kiltan
undertook the exercise with Republic of Korea's
Ship ROKS Gyeongnam, a Daegu-class frigate, on
June 28.

15. What is the name of India’s 1st indigenous

drone defence dome recently developed by
Hyderabad-based Grene Robotics?
A. Indrajaal
B. Indrarakshak
C. Akashdome
D. Nagpash
E. None of these

Correct Answer: A. Indrajaal

Explanation: India’s 1st indigenous drone
defence dome – ‘Indrajaal’ has been developed

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