Quest Daily CA Quiz 08-06-2026

Quest Daily CA Quiz 08-06-2026

Test your knowledge with today's current affairs

  1. Question 1: Which of the following correctly describes the application of the Pyro processing that was recently seen in the news?

    • A high temperature process used to recycle spent nuclear fuel and recover fissile materials for reuse in reactors.
    • A method of carbon sequestration through underground injection of supercritical carbon dioxide.
    • A thermal treatment process used to convert municipal solid waste into bio-fuels such as Ethanol like E85.
    • A metallurgical technique for extracting rare earth elements from deep-sea poly metallic nodules from Indian Ocean.

  2. Question 2: Consider the route of a merchant LPG carrier vessel travelling from Mumbai to Kuwait via the shortest sea route. Arrange the following water bodies in the order in which the ship would traverse them before reaching Kuwait. I. Persian Gulf II. Strait of Hormuz III. Gulf of Oman Select the correct answer using the code given below:

    • I-II-III
    • I-III-II
    • II-I-III
    • III-II-I

  3. Question 3: Which of the following entities are eligible for tax exemption under the Income-tax (Amendment) Ordinance, 2026? 1. Foreign Institutional Investors 2. Bank for International Settlements 3. Domestic Mutual Funds 4. Scheduled Commercial Banks of India Select the correct answer using the code below:

    • 1 and 2 only
    • 2 and 3 only
    • 1,3 and 4 only
    • 1,2,3 and 4

  4. Question 4: Consider the following conditions relating to the promulgation of an Ordinance by the President under Article 123 of the Constitution of India: 1. Parliament is not in session. 2. The President is satisfied that circumstances exists requiring immediate action. 3. The proposed subject in the jurisdiction of Parliament. 4. Prior approval of the Supreme Court has been obtained. 5. A national emergency is in operation. How many of the above conditions are necessary for the valid promulgation of an Ordinance?

    • Two Only
    • Three Only
    • Four Only
    • All five

  5. Question 5: Consider the following countries: 1. Algeria 2. Nigeria 3. Kazakhstan 4. Oman 5. Bahrain How many of the above are members of OPEC+?

    • 2 only
    • 3 only
    • 4 only
    • 5

  6. Question 6: Consider the following as list: 1. Fees and charges collected from intermediaries regulated by it. 2. Grants received from the Union Government. 3. Income earned from investments of its own funds. 4. Revenue from the issue and trading of Government securities. 5. Penalties imposed on insurance entities for violations. 6. Profits earned from open market operations. How many of the above are sources of income of Pension Fund Regulatory and Development Authority (PFRDA)?

    • Three Only
    • Four Only
    • Five Only
    • All six

  7. Question 7: Consider the following statements: Statement I: Ancient proteins can be recovered from fossils even when DNA has degraded beyond recovery. Statement II: Proteins are products of DNA and may preserve information about extinct organisms. Which of the following is correct with respect to above given 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

  8. Question 8: Consider the following pairs: Indicator Description I. Stunting Low weight-for-height II. Wasting Low height-for-age III. Underweight Low weight-for-age How many of the above pairs are not correctly matched?

    • One only
    • Two only
    • Three only
    • None of these

  9. Question 9: Consider the following pairs: Term Description I. Biodiversity Management Committee (BMC) Prepares People's Biodiversity Registers at the state level II. National Biodiversity Authority Fund (NBAF) Statutory fund created under the Environment Protection Act III. BIOFIN-India Mechanism for granting approvals for access to biological resources IV. Cartagena Protocol An agreement on fair and equitable sharing of benefits from genetic resources How many of the above pairs are correctly matched?

    • One only
    • Two only
    • Three only
    • None

  10. Question 10: With reference to India's maritime cooperation, Sabang Port is associated with which of the following countries?

    • Iran
    • Indonesia
    • Oman
    • Phillipines