Quest Daily CA Quiz 10-06-2026

Quest Daily CA Quiz 10-06-2026

Test your knowledge with daily current affairs

  1. Question 1: Consider the following statements regarding the Viksit Bharat-GRAM G (VB-GRAM G) Scheme: I. It guarantees 125 days of wage employment per every rural family. II. It follows a demand-based funding mechanism similar to MGNREGA. III. It identifies four priority areas focusing on water security, rural infrastructure, livelihoods and climate resilience. IV. The Centre bears 60% of wage costs while States bear 40% for most States. Which of the above given statements is/are correct?

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

  2. Question 2: Consider the following statements regarding Geographical Indication (GI) Tags: 1. GI registration in India is governed by the Geographical Indications of Goods (Registration and Protection) Act, 1999. 2. GI tags are granted for 10 years and can be renewed indefinitely. 3. A GI tag can be granted only to agricultural and natural products. How many of the above given statements is/are correct?

    • One only
    • Two only
    • All three
    • None

  3. Question 3: The term "thin-fat phenotype", recently seen in the news, is primarily associated with which of the following?

    • A condition in which individuals have low Body Mass Index (BMI) but high muscle mass and low metabolic risk.
    • A characteristic observed in many South Asians where individuals may have a relatively low BMI but higher visceral fat.
    • A genetic disorder causing severe weight loss despite excessive fat accumulation under the skin.
    • A nutritional condition characterized by low body fat and increased resistance to obesity-related diseases.

  4. Question 4: Consider the following river-linking projects: 1. Ken Betwa Link Project 2. Parbati Kalisindh Chambal Link Project 3. Godavari Krishna Link Project 4. Godavari Cauvery Link Project Which of the above are components of the National Perspective Plan (NPP) for inter-basin water transfer in India?

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

  5. Question 5: Consider the following statements: Statement I: Urea is not covered under the Nutrient Based Subsidy (NBS) Scheme. Statement-II: It accounts for more than half of total fertilizer consumption in India. 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

  6. Question 6: With reference to the Microfinance Institutions Network (MFIN), consider the following statements: 1. It is recognized by RBI as a Self-Regulatory Organization (SRO) for NBFC-MFIs. 2. It functions as a statutory body under the RBI Act, 1934. 3. Microfinance loans are collateral free loans provided to low-income households. Which one of the following is correct in respect of the above statements?

    • Only two statements are correct including statement 2
    • Only two statements are correct excluding statement 3.
    • None of the statements is correct.
    • Only two statements are correct including statement 3

  7. Question 7: Consider the following pairs: Term Description I. Demat Account Hold Securities in electronic form II. Trading Account Account maintained with a depository participant for holding securities III. Savings account Receiving dividends from listed companies How many of the above given pairs is/are incorrect?

    • One only
    • Two only
    • All three
    • None

  8. Question 8: A cement company fails to meet its Green House Gases emission reduction target under the compliance mechanism of the Carbon Credit Trading Scheme (CCTS) Which one of the following actions would it most likely be required to take?

    • Purchase Carbon Credit Certificates from entities with surplus credits.
    • Shut down its production facilities until compliance is achieved.
    • Pay a mandatory carbon tax fixed under the Energy Conservation Act.
    • Surrender Renewable Energy Certificates only.

  9. Question 9: Consider the following statements about India’s Nationally Determined Contributions (NDCs): I. Reduce emissions intensity per unit of GDP by 33-35% by 2030, compared to 2005 levels. II. Increase the share of non-fossil fuel-based electricity to 40% of total installed capacity by 2030. III. Create an additional carbon sink of 2.5 to 3 billion tonnes of Co2 equivalent through increased forest and tree cover by 2030. How many of the above-mentioned India’s NDCs were fulfilled ahead of their determined target?

    • One only
    • Two only
    • Three only
    • None

  10. Question 10: Which of the following is correct about the characteristics of circulating tumour DNA (ctDNA)?

    • Small fragments of DNA shed by tumour cells into the bloodstream.
    • It is a synthetic DNA molecule administered to patients for targeted cancer therapy.
    • It is a type of DNA produced by immune cells in response to cancer.
    • It is produced by the liver and serves as a marker of liver function and capability.