Quest Daily CA Quiz 07-05-2026

Quest Daily CA Quiz 07-05-2026

Test your knowledge with today's current affairs

  1. Question 1: Consider the following statements: I. Under the Constitution of India, the Chief Minister and the Ministers hold office during the pleasure of the Governor. II. The Governor has the discretionary power to dismiss a Chief Minister based on personal assessment without a floor test in the Legislative Assembly. III. Upon the completion of the five-year term from the date of its first meeting, the Legislative Assembly stands automatically dissolved Which of the statements given above are correct?

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

  2. Question 2: Which of the following statements are correct in respect of recent trends in Indian Jurisprudence and Social Security? I. While overall cognizable crimes have declined, cybercrime has registered a significant increase. II. Under the category of offences against the state, the majority of cases are registered under the Unlawful Activities (Prevention) Act. III. There has been an observed decline in the number of crimes registered against Scheduled Castes and Scheduled Tribes. IV. According to the ADSI report, daily wagers and homemakers constitute a significant share of suicide victims. Select the answer using the code given below:

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

  3. Question 3: Consider the following statements: Statement-I: The Supreme Court of India held that the inclusion of the Chief Justice of India in the selection committee for Election Commissioners was a temporary measure. Statement-II: Under Article 324(2) of the Constitution of India, the Parliament has the power to make laws regulating the appointment of the Chief Election Commissioner and other Election Commissioners. 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 and 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

  4. Question 4: Consider the following countries and water bodies: I. China II. Laos III. Cambodia IV. Thailand V. Myanmar VI. Philippines How many of the above share a land border with Vietnam?

    • Only three
    • Only four
    • Only five
    • All the six

  5. Question 5: Regarding the Rusty-spotted cat, consider the following statements: I. It is the world’s smallest wild cat species. II. It is endemic only to the forest areas of South India. III. It is primarily a nocturnal and arboreal species. How many of the statements given above are correct?

    • Only one
    • Only two
    • Only three
    • All Four

  6. Question 6: Regarding the quorum and meetings of the Gram Sabha, which of the following statements is not correct?

    • The quorum for a Gram Sabha meeting is generally one-tenth of the total members.
    • The meeting of the Gram Sabha is presided over by the Sarpanch or, in their absence, the Up-Sarpanch.
    • The quorum for the Gram Sabha is uniform across all Indian States as per the Central PESA Act.
    • If both the Sarpanch and Up-Sarpanch are absent, the members present can choose a chairman by majority.

  7. Question 7: With reference to the "Karnataka Platform-Based Gig Workers (Social Security and Welfare) Act, 2025," consider the following statements: I. It establishes a two-tier grievance redressal system involving an Internal Dispute Resolution Committee and a Welfare Board. II. The welfare fund for gig workers is primarily financed through a 1% cess levied on every transaction conducted by aggregators. III. The Act prohibits workers from being active on multiple aggregator platforms to ensure the stability of social security benefits. How many of the statements given above is/are correct?

    • Only one
    • Only two
    • All three
    • None

  8. Question 8: Consider the following statements in respect of the International Big Cat Alliance (IBCA): I. It is a coalition launched to mark the 50th anniversary of Project Tiger. II. The alliance is headquartered in Ahmednagar, India. III. Membership of the alliance is limited only to big cat range countries. IV. The alliance covers seven big cats. Which of the statements given above are correct?

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

  9. Question 9: Consider the following sectors: I. Export Credit II. Social Infrastructure III. Renewable Energy IV. Heavy Industries V. Micro, Small and Medium Enterprises VI. Housing How many of the above are eligible categories for Priority Sector Lending (PSL) as per RBI guidelines?

    • Only three
    • Only four
    • Only five
    • All the six

  10. Question 10: Find the correct statement(s) about the Fair and Remunerative Price (FRP): I. The FRP is fixed by the Commission for Agricultural Costs and Prices (CACP). II. The payment of FRP is legally governed by the Sugarcane (Control) Order, 1966. III. Sugar mills are mandated to pay the FRP to farmers within 14 days of delivery of the cane. IV. The realisation made from the sale of molasses is a factor considered while fixing the FRP. How many of the statements given above are correct?

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