Quest Daily CA Quiz 10-09-2026

2026-09-10

Test your knowledge with daily current affairs

1. Question 1: Consider the following statements with reference to the recent revision of India's National Accounts: I. India's GDP/GVA base year has been revised from 2011-12 to 2022-23, with the new series released around 27 February 2026. II. Under the double deflation method used in the new series, only the value of intermediate consumption is adjusted for price changes, while output is left at current prices. III. The new GDP series uses 300+ detailed price deflators for estimating Gross Value Added (GVA). Which of the statements given above is/are correct?

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

2. Question 2: Consider the following pairs of India's space programmes/missions and their associated target years: 1. First crewed Gaganyaan Mission - 2027 2. Complete Bharatiya Antariksh Station (BAS) - 2028 3. Venus Orbiter Mission (VOM) - 2028 4. Indian crewed lunar landing - 2040 How many of the pairs given above are correctly matched?

   • Only one pair
   • Only two pairs
   • Only three pairs
   • All four pairs

3. Question 3: With reference to 'Sagar Manthan' and India's Deep Ocean Mission, consider the following statements: 1. Sagar Manthan, India's first indigenously built Ocean Research Vessel, has been built for the National Institute of Ocean Technology (NIOT). 2. The Deep Ocean Mission, under which Sagar Manthan is intended to operate, is a flagship programme of the Ministry of Earth Sciences approved in 2021. 3. Matsya-6000, a planned human-occupied submersible under the Mission, is designed to carry a crew to depths of about 6,000 metres. How many of the statements given above are correct?

   • Only one
   • Only two
   • All three
   • None

4. Question 4: Consider the following assertion: "Dark matter accumulating inside certain compact stars could, in dark-matter-rich regions, seed black holes that grow rather than evaporate through Hawking radiation." Which of the following statements support/supports the above assertion? 1. Smaller black holes lose mass more rapidly through Hawking radiation than larger black holes. 2. Dark matter can accumulate and collapse into tiny black holes inside white dwarfs and neutron stars. 3. Once formed, such a black hole can continue absorbing matter from its host star. Select the answer using the code given below:

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

5. Question 5: Consider the following statements with reference to India's Digital Public Infrastructure (DPI) ecosystem: I. The Unified Payments Interface (UPI), launched in 2016, enables real-time, 24×7 interoperable fund transfers across different banks and payment applications. II. The Account Aggregator framework enables individuals to consent to the sharing of their financial data between regulated entities without diluting their control over that data. III. The interoperability achieved through UPI necessarily requires the same unified consent architecture that is used by Account Aggregators. Which of the following relationships among the above statements is/are correct? 1. Statements I and II together illustrate distinct pillars of India's DPI ecosystem. 2. Statement III is a logical extension of the mechanism described in statement I. 3. Statement II does not depend on the interoperability mechanism described in statement I. Select the answer using the code given below:

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

6. Question 6: Exercise ‘Samudra Laksamana’ is a bilateral maritime exercise between India and :

   • Cambodia
   • Malaysia
   • Singapore
   • Indonesia

7. Question 7: Consider the following statements about Digital Bharat Nidhi (DBN): 1. It is a fund established under the Telecommunications Act, 2023, in place of the erstwhile Universal Service Obligation Fund (USOF). 2. It is an attached office of the Department of Telecommunications (DoT), Ministry of Communications. 3. The DBN has mandate to support universal service through promoting access and delivery of telecommunication service in underserved rural, remote and urban areas. 4. The balance to the credit of the DBN is not lapsed at the end of the FY. Which one of the following conclusions based on the above statements is correct?

   • There are four correct statements.
   • There are two correct statements, that include statement 2.
   • There is only one correct statement.
   • There is no correct statement.

8. Question 8: Consider the following statements about the Association of Southeast Asian Nations (ASEAN): 1. ASEAN consist of eleven Member States. 2. Timor-Leste joined ASEAN in 2026 as the eleventh member. 3. The ASEAN Summit is the highest policy-making body in ASEAN. 4. The ASEAN Summit is held biennially. Which one of the following conclusions based on the above statements is correct?

   • There are four correct statements.
   • There is only one correct statement.
   • There are two correct statements, that include statement 1.
   • There is no correct statement.

9. Question 9: Consider the following statements about the Indian Pharmacopoeia Commission (IPC): 1. It is an autonomous body, fully financed by the Central Government. 2. It functions under the administrative control of the Ministry of Chemicals and Fertilizers. Which of the statements given above is/are correct?

   • 1 only
   • 2 only
   • Both 1 and 2
   • Neither 1 nor 2

10. Question 10: With reference to the Pradhan Mantri Kisan Maandhan Yojana (PM-KMY), consider the following statements: 1. It is a central sector scheme administered by the Department of Agriculture & Farmers Welfare, Ministry of Agriculture & Farmers Welfare. 2. It is a voluntary and contributory old-age pension scheme designed to provide financial security to small and marginal farmers 3. The scheme is implemented in partnership with the Life Insurance Corporation of India (LIC). Which of the statements given above is/are correct?

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