Quest Daily CA Quiz 03-02-2026

Quest Daily CA Quiz 03-02-2026

Test your knowledge with today's current affairs

  1. Question 1: With reference to wetland of international importance, consider the following statements: I. The theme of World Wetlands Day 2026 is “Wetlands and Traditional Knowledge: Celebrating Cultural Heritage”. II. The ‘wise use’ concept is defined under the Ramsar Convention. III. India, with 98 Ramsar sites, ranks first in Asia and second globally. IV. Indore and Udaipur are the first Indian cities to be recognised as Wetland Cities under the Ramsar Convention. Which of the statements given above is/are correct?

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

  2. Question 2: With respect to the PAIMANA (Project Assessment Infrastructure Monitoring and Analytics for Nation-Building) Portal, consider the following statements: I. It is a flagship initiative of the Ministry of Statistics and Programme Implementation. II. It will compliment the OCMS-2006 (Online Computerized Monitoring System). III. It has been created for mandatory monitoring of Central Sector Infrastructure Projects costing ₹150 crore and above. Which of the statements given above are correct?

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

  3. Question 3: Consider the following statements: Statement I: Essential religious practice test is a doctrine evolved by the supreme court to protect only such religious practices under fundamental rights, which are essential and integral to religion. Statement II: The doctrine of Essential Religious Practice determines which religious practices would be protected under Articles 25 and 26 of the Constitution. 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

  4. Question 4: Consider the following statements regarding the 16th Finance Commission recommendations: I. States’ share in the divisible pool remains at 41%, unchanged from the 15th Finance Commission for the period 2026–31. II. In horizontal devolution, the Commission has removed the tax effort criterion and added contribution to GDP as a new parameter. Which of the statements given above is/are correct?

    • I only
    • II only
    • Both I and II
    • Neither I nor II

  5. Question 5: Regarding Devnimori Relics of Lord Buddha, consider the following statements: I. The site is located near Shamlaji in the Aravalli district of Gujarat. II. It was first explored in 1957 by the eminent archaeologist Prof. S. N. Chowdhry. III. The relic casket is inscribed in Brahmi script and Sanskrit language. Which of the statements given above is/are correct?

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

  6. Question 6: With reference to the 16th Finance Commission’s observations, consider the following statements: I. Large unconditional cash transfer schemes now constitute more than one-fifth of total State subsidies in 2025–26 (BE). II. The rising share of such cash transfers has led the Finance Commission to recommend rationalisation of subsidies. III. Rationalisation of subsidies has been suggested primarily to promote the expansion of unconditional cash transfers as a substitute for capital and social sector expenditure. Which of the statements given above is/are correct?

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

  7. Question 7: With reference to India’s foreign policy consider the following statements: I. India opposed the recognition of Somaliland and supported Somalia’s territorial integrity, in line with the Arab League’s position. II. The Declaration reaffirmed support for the Arab Peace Initiative (2002), which is based on the principle of land for peace and pre-1967 borders. III. The Declaration explicitly endorsed the United States-led Board of Peace framework as the primary mechanism to resolve the Israel–Palestine conflict. How many of the above statements are correct?

    • Only one
    • Only two
    • All three
    • None

  8. Question 8: With reference to important cities in West Asia, consider the following statements: I. Tripoli is the capital city of Libya. II. Riyadh is the capital city of Saudi Arabia. III. Damascus is the capital city of Syria. How many of the above statements are correct?

    • Only one
    • Only two
    • All three
    • None

  9. Question 9: Consider the following statements: I. Platinum Group Elements (PGEs) are among the rarest elements found in the Earth’s crust. II. PGEs are extracted only as primary products from sedimentary ore deposits. III. Due to the high cost of primary production and their high economic value, recycling plays a crucial role in the supply of PGEs. IV. PGEs are important for applications such as AI infrastructure, catalytic converters, and hydrogen industry catalysts, with hydrogen expected to be a major driver of future demand. Which of the statements given above are correct?

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

  10. Question 10: Consider the following statements: I. Biopharma SHAKTI aims to strengthen India’s ecosystem for biologics and biosimilars and boost global competitiveness. II. The initiative aims to transform India into a global biopharma hub and capture 5% of the global biopharmaceutical market share. III. The scheme focuses exclusively on chemical-based generic drug manufacturing and does not address clinical research or regulatory capacity. Which of the statements given above are correct?

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