Quest Daily CA Quiz 03-07-2026
Test your knowledge with daily current affairs
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Question 1: Consider the following statements regarding the National Human Rights Commission (NHRC): 1. The Chairperson must be a retired Chief Justice of India or a Supreme Court judge. 2. The President appoints the Chairperson and members based on aid and advice of the Council of Ministers. 3. The Central Government fixes salaries and service conditions. 4. The Chairperson or members can be removed directly by the President, like a High Court judge. How many of the above statements is/are correct?
- 1
- 2
- 3
- 4
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Question 2: With reference to the National Payments Corporation of India (NPCI), consider the following payment systems: 1. Unified Payments Interface (UPI) 2. Bharat Bill Payment System (BBPS) 3. SWIFT (Society for Worldwide Interbank Financial Telecommunication) 4. Real Time Gross Settlement (RTGS) How many of the above are operated by the NPCI?
- 1
- 2
- 3
- 4
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Question 3: Which of the following best depicts the term “Just Transition” with reference to the environment?
- A government-led push for electric vehicles in cities, focusing on urban air pollution.
- A policy ensuring a fair and inclusive shift to a low-carbon economy, protecting workers’ rights, livelihoods, and vulnerable communities.
- A transition from fossil fuels to nuclear power emphasising rapid decarbonization.
- A campaign for immediate closure of coal mines and thermal plants.
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Question 4: Consider the following statements regarding Vizhinjam International Seaport: 1. It is India's first deep-water container transhipment port located along the Indian coastline. 2. Before the development of this port, approximately 75 per cent of India's transhipment cargo was handled at foreign ports. 3. The project has been substantially funded under the National Infrastructure Pipeline initiative of the Government of India. Which one of the following conclusions based on the above statements is correct? (a) All the three statements are correct. (b) There are two correct statements, that include statement 2. (c) There is only one correct statement. (d) There is no correct statement.
- All the three statements are correct.
- There are two correct statements, that include statement 2.
- There is only one correct statement.
- There is no correct statement.
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Question 5: With reference to the National Coal Index (NCI), consider the following statements: 1. The National Coal Index reflects the change in the price level of coal for a given month relative to a fixed base year. 2. The Index includes coal consumed by the power and fertiliser sectors. 3. It comprises sub-indices for Non-Coking Coal, Coking Coal, and Lignite. How many of the statements given above are correct?
- 1
- 2
- 3
- None
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Question 6: Consider the following statements regarding Avian Malaria: Statement I: Avian malaria parasites can affect island bird populations more severely than mainland populations. Statement II: The mosquito vectors transmitting avian malaria are absent from most mainland ecosystems. Statement III: Long-term geographic isolation has left many island bird species with little evolutionary resistance to avian malaria. Which one of the following is correct with respect to the above statements?
- Both Statement II and Statement III are correct, and both of them explain Statement I
- Both Statement II and Statement III are correct, but only one of them explains Statement I
- Only one of the Statements II and III is correct, and that explains Statement I
- Neither Statement II nor Statement III is correct
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Question 7: “Fable 5” is a term that was recently seen in the news related to which one of the following?
- A frontier AI model developed for advanced reasoning and coding capabilities
- A next-generation reusable launch vehicle developed for low-cost satellite deployment
- A quantum communication protocol designed for secure military networks
- A high-performance supercomputer developed for climate modelling
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Question 8: With reference to the Fundamental Rights guaranteed under Part III of the Constitution of India, consider the following rights available to an individual: 1. Right to consult and be defended by a legal practitioner of one's choice 2. Right against self-incrimination, including the right to remain silent 3. Right to be informed of the grounds of arrest 4. Right to a fair and just trial How many of the above are constitutionally protected under Part III of the Constitution?
- Only one
- Only two
- Only three
- All four
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Question 9: With reference to global crude oil markets, the term "Brent Oil" refers to:
- A light, sweet crude oil refined mainly into aviation turbine fuel
- A synthetic liquid fuel produced from coal through chemical conversion
- A benchmark blend of crude oil used for pricing international oil trade
- A heavy, high-sulphur crude oil predominantly extracted from West Asian oil fields.
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Question 10: Which of the following statements are correct in respect of India's textile exports? 1. India is the world's largest exporter of textiles and apparel. 2. India's textile exports are predominantly cotton-based. 3. India's apparel exports face a competitive disadvantage due to high tariff rates compared to other exporters. 4. The Pradhan Mantri Mega Integrated Textile Region and Apparel (PM-MITRA) parks aim at vertically integrating the textile industry. Select the answer using the code given below:
- 1 and 2 only
- 2,3 and 4 only
- 1,2 and 3
- 1,3 and 4