Quest Daily CA Quiz 04-06-2026

Quest Daily CA Quiz 04-06-2026

Test your knowledge with daily current affairs

  1. Question 1: Which of the following statements is incorrect about S-400 Air Defence system?

    • It is a joint development air defence project of Indian and Russia.
    • It is more versatile than that of the USA’s THAAD system.
    • It is capable of tracking and engaging multiple aerial targets simultaneously at different ranges and altitudes.
    • India's S-400 air defence system is named "Sudarshan Chakra" after Lord Vishnu's mythological weapon

  2. Question 2: Consider the following statements: Statement I: Census duties are performed by the state government public servants like teachers and revenue officials. Statement-II: Census comes under the Concurrent list under the Seventh Schedule of the Indian 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 is the correct explanation for Statement-I
    • Both Statement I and Statement-II are correct but Statement II is not the correct explanation for Statement-I
    • Statement-I is correct but Statement-II is incorrect
    • Statement-I is incorrect but Statement-II is correct

  3. Question 3: Recently, the United States Trade Representative (USTR) proposed a 12.5% tariff on imports from 54 countries, including India, following a unilateral trade investigation. In this context, consider the following statements: I. India is among the countries investigated by the U.S. Trade Representative (USTR) regarding enforcement of prohibitions on forced-labour imports. II. The USTR report concluded that India's policies related to forced-labour imports burden or restrict U.S. commerce. III. India has been placed in the same tariff category as countries such as China, Bangladesh, Thailand and Vietnam. IV. The investigation is being conducted under the dispute-settlement mechanism of the WTO. Which of the above given statements is/are correct?

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

  4. Question 4: Consider the following situation: A central bank shifts a portion of its reserves from U.S. Treasury securities to physical gold stored domestically. Which of the following outcomes may arise from such a decision? I. Reduced dependence on foreign sovereign assets. II. Greater diversification of reserve holdings. III. Elimination of exchange-rate risks from reserve management. Select the correct answer using the code given below:

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

  5. Question 5: Consider the following statements about the Price Stabilization Fund for Scheduled Indian Airlines: I. This Fund covers both domestic and international operations of Scheduled Indian Airlines. II. The scheme is mandatory for all Indian airlines operating scheduled services. III. Differential amounts recovered after moderation of international ATF prices will be credited to the Consolidated Fund of India. How many of the above given statements is/are correct?

    • One only
    • Two only
    • All three
    • None

  6. Question 6: Consider the following statements regarding wheat cultivation in India: I. The optimum temperature for sowing wheat is around 10°C–15°C. II. Wheat generally requires 50–75 cm of annual rainfall. III. Water logging adversely affects wheat growth. Select the correct answer using the code given below:

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

  7. Question 7: Consider the following statements about Great Nicobar: I. Great Nicobar is the southernmost island of the Nicobar Islands archipelago. II. It hosts the Galathea National Park. III. Indira Point, India's southernmost point, is located on Great Nicobar Island. IV. It is home to the Shompen, a Particularly Vulnerable Tribal Group (PVTG). How many of the above given statements is/are correct?

    • One only
    • Two only
    • Three only
    • All four

  8. Question 8: Consider the following statements with reference to the Viksit Vibrant Village Program (VVVP) 2026: I. The programme aims to strengthen national integration through youth engagement in border villages. II. MY Bharat volunteers will undertake activities such as household surveys, participation in Gram Sabhas, and village development planning. III. The programme is based on the premise that border development should be carried out exclusively by security agencies. Which of the following relationships among the above statements is/are correct? 1. Statement II serves as a mechanism for achieving the objective stated in Statement I. 2. Statement III is supported by the approach reflected in Statement II. 3. Statement I and Statement III together explain the rationale of the programme. Select the answer using the code given below:

    • 1 only
    • 2 only
    • 1 and 2 only
    • 1,2 and 3

  9. Question 9: Consider the following assertion: IRCTC's AI-based monitoring system has improved oversight of hygiene standards in railway catering services. Which of the following is/are the basis of the above assertion? 1. The system can detect hygiene violations such as uncovered food, dirty floors, and pest presence. 2. The system generates alerts and electronic tickets that enable railway officials to take corrective action. 3. Monetary penalties have been imposed on service providers based on violations identified through the system. Select the answer using the code given below:

    • 1 only
    • 1 and 2 only
    • 1,2 and 3
    • 3 only

  10. Question 10: Consider the following statements with reference to the Mountbatten Plan (3rd June Plan), 1947: Statement I: The Mountbatten Plan proposed the partition of British India into two independent dominions, India and Pakistan. Statement II: The Legislative Assemblies of Punjab and Bengal were required to vote on whether their provinces should be partitioned. Statement III: The Plan permitted princely states to remain fully independent and outside both dominions. Which one of the following is correct in respect of 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
    • Statement III is correct, but Statements I and II are incorrect