Quest Daily CA Quiz 03-06-2025

Quest Daily CA Quiz 03-06-2025

Test your knowledge with today's current affairs

  1. Question 1: Consider the following statements regarding the trends of Foreign Direct Investment in India (FDI): I. FDI inflows rose from USD 36.05 billion in FY 2013–14 to USD 81.04 billion (provisional) in FY 2024–25. II. The services sector emerged as the top recipient of FDI equity in FY 2024–25. III. Karnataka accounted for the highest share (39%) of total FDI equity inflows in FY 2024–25. Which of the following given above statements are correct?

    • I and II only
    • II and III only
    • I and III only
    • I, II, and III

  2. Question 2: Consider the following statements: Statement I: Iron pollution in oceans is expanding the transition zone chlorophyll front (TZCF) indicating broader nutrient-rich conditions. Statement II: Increased iron availability leads to faster consumption of nitrates by phytoplankton, expanding nitrogen-limited zones in the ocean. Which one of the following is correct in respect of the above statements?

    • Both Statement I and Statement II are correct and Statement II explains Statement I
    • Both Statement I and Statement II are correct but Statement II does not explain Statement I
    • Statement I is correct but Statement II is not correct
    • Statement I is not correct but Statement II is correct

  3. Question 3: Consider the following pairs: Volcanoes in News Country I. Mount Ibu Italy II. Mount Etna Indonesia III. Kilauea Volcano United States of America IV. Mount Kanlaon Philippines In how many of the above rows is the given information correctly matched?

    • Only one
    • Only two
    • Only three
    • All the four

  4. Question 4: Consider the following statements: I. Article 356 is invoked to impose the President’s Rule in a State after removing the State government. II. The proclamation of President’s Rule must be approved by both Houses of Parliament within two months from the date of its issue by a special majority. III. The President’s Rule cannot extend beyond a period of one year in total. IV.The Supreme Court in the S. R. Bommai case (1994) held that imposition of the President’s Rule is subject to judicial review. How many of the above-given statements are true regarding the President’s Rule in India?

    • Only one
    • Only two
    • Only three
    • All the four

  5. Question 5: With reference to MERCOSUR, consider the following statements: I. It is an economic and political bloc of Latin America created by the signing of the Treaty of Asunción. II. It originally comprised Argentina, Brazil, Paraguay, and Bolivia as its members. III. Its headquarters is located in Montevideo, Uruguay. How many of the above-given statements are correct?

    • Only one
    • Only two
    • All the three
    • None