August Monthly CA 2 — ca quiz Current Affairs

• Key Fact:
Assam launched the Orunodoi 3.0 scheme, providing ₹1,250 per month to female beneficiaries via Direct Benefit Transfer.

• Supporting Detail:
Out of the total amount, ₹250 is specifically allocated for purchasing LPG cylinders to promote clean fuel usage.

• Exam Trick:
'Orunodoi' is Assam's flagship poverty alleviation program aimed at women.

• Key Fact:
Alka Nangia Arora assumed the charge as the Controller General of Defence Accounts (CGDA) on 1st August 2026.

• Why wrong options are wrong:
Rachna Shah is the Secretary of DoPT, and Deepti Gaur Mukherjee is the Secretary of Higher Education.

• Exam Trick:
Remember 'Alka' managing the 'Accounts' for the Defence sector.

• Key Fact:
The SBI Research Report estimated India's GDP growth rate at 7.0% for Q1 of the financial year 2026-27.

• Supporting Detail:
This forecast highlights a steady economic trajectory despite global financial pressures.

• Exam Trick:
Most Q1 conservative estimates for India by domestic banks hover around the 7% mark.

• Key Fact:
Patanjali Ayurved and DS Group jointly acquired Magma General Insurance.

• Supporting Detail:
This marks a significant diversification for Patanjali into the financial services and insurance sectors.

• Exam Trick:
Associate the FMCG giant 'Patanjali' stepping into the 'Magma' of insurance.

• Key Fact:
The RBI kept the policy repo rate strictly unchanged at 5.25% in its recent review.

• Supporting Detail:
The Standing Deposit Facility (SDF) remains at 5.0%, and the Marginal Standing Facility (MSF) and Bank Rate at 5.50%.

• Exam Trick:
SSC frequently asks direct policy rates. Remember 5.25% as the anchor rate for this quarter.

• Key Fact:
Heat waves (लू) and Lightning strikes (आकाशीय बिजली) were officially added to the list of notified natural disasters.

• Supporting Detail:
This inclusion allows state governments to utilize their disaster response funds for victims of these extreme weather events.

• Why wrong options are wrong:
Tsunami, cloudbursts, and avalanches were already part of the existing 12 notified disasters.

• Key Fact:
T V Somanathan received a one-year extension for his role as the Cabinet Secretary of India.

• Why wrong options are wrong:
Govind Mohan serves as the Home Secretary (whose tenure was also extended), while Rajiv Gauba is a former Cabinet Secretary.

• Exam Trick:
The Cabinet Secretary is the top-most executive official and senior-most civil servant of the Government of India.

• Key Fact:
Brock Lesnar officially announced his retirement from professional wrestling in August 2026.

• Supporting Detail:
This follows Randy Orton's retirement announcement in July of the same year.

• Exam Trick:
While John Cena is on a farewell tour, Brock Lesnar made an abrupt retirement declaration in this specific month.

• Key Fact:
Telvodo Greve Mauriam was appointed as the new CEO and MD of Air India.

• Why wrong options are wrong:
He replaces Campbell Wilson. Pieter Elbers is associated with IndiGo, and Vinay Dube with Akasa Air.

• Exam Trick:
Air India under Tata is bringing in global aviation veterans for turnaround strategies.

• Key Fact:
The amendment increases the sanctioned strength of Supreme Court judges from 33 to 37 (excluding the Chief Justice of India).

• Supporting Detail:
Including the CJI, the total strength of the Supreme Court will now be 38.

• Exam Trick:
Always read carefully if the question asks 'excluding' or 'including' the CJI. Excluded = 37, Included = 38.