Quest Daily CA Quiz 11-05-2026

Quest Daily CA Quiz 11-05-2026

Test your knowledge with today's current affairs

  1. Question 1: Consider the following statements regarding the PM MITRA Parks: I. They integrate the entire textile value chain from spinning to garment-making in one location. II. The parks can be developed as either Greenfield or Brownfield projects. III. These parks are being established in all Indian states to promote regional textile growth. IV. They are developed through a Special Purpose Vehicle (SPV) in Public-Private Partnership mode. How many of the statements given above are correct? (a) Only one (b) Only two (c) Only three (d) All four

    • Question 2: The Capital to Risk-Weighted Assets Ratio (CRAR) is a key indicator of a bank’s financial health. Why is it significant for banking regulation? I. It represents the ratio of a bank’s capital to its risk-weighted assets. II. It is the key indicator of a bank’s financial Health III. A higher ratio indicates a better capital buffer against potential losses. Select the correct answer using the code given below:

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

    • Question 3: National Technology Day is observed in India on May 11 in commemoration of which of the following events? I. It commemorates the successful nuclear tests conducted at Pokhran in 1998. II. It marks the first flight of the indigenous aircraft ‘Hansa – 3’. III. It honours the successful test firing of the Trishul Missile. Select the correct answer using the code given below:

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

    • Question 4: The collection of short stories titled Galpaguchchha, which offers profound insights into the everyday lives of ordinary people, was authored by:

      • Rabindranath Tagore
      • Munshi Premchand
      • Sarat Chandra Chattopadhyay
      • Mahasweta Devi

    • Question 5: Which one of the following best describes the “Deen Dayal Upadhyay Panchayat Satat Vikas Puraskar”?

      • Financial assistance provided to all Gram Panchayats for the construction of new office buildings
      • Recognition of Gram Panchayats for their performance across themes of Localisation of Sustainable Development Goals
      • A mandatory insurance scheme for all elected representatives of the Panchayati Raj Institutions
      • A special grant given to District Panchayats for the implementation of urban infrastructure projects

    • Question 6: Consider the following statements regarding the Agni missile test conducted in 2026: I. The missile was successfully tested with Multiple Independently Targeted Re-entry Vehicle (MIRV) technology. II. MIRV technology allows a single missile to deploy multiple warheads at different targets. III. The test was conducted by the Indian Space Research Organisation (ISRO). How many of the statements given above are correct?

      • Only one
      • Only two
      • All the three
      • None

    • Question 7: Consider the following statements regarding the Odonata species: I. They are associated with wetlands and freshwater environments. II. Their order includes dragonflies, damselflies, and the relict Anisozygoptera. III. These species are globally distributed across all continents. IV. Adults and their aquatic larvae are both voracious predators. V. More than 80% of their brain is dedicated to analysing visual information. Which of the statements given above are correct?

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

    • Question 8: The Canary Islands, an archipelago often mentioned in the news for its strategic and volcanic significance, are located in:

      • The Mediterranean Sea, east of Spain
      • The North Atlantic Ocean, off the northwest coast of Africa
      • The Indian Ocean, south of Madagascar
      • The Bay of Biscay, north of Spain

    • Question 9: Consider the following statements: Statement-I: In a hung Assembly, the Governor must first invite a pre-poll alliance that has secured a clear majority to form the government. Statement-II: The Sarkaria Commission recommendations and various judicial precedents provide an order of preference for the Governor to ensure a stable government. Which one of the following is correct in respect of the above statements?

      • Both Statement-I and Statement-II are correct and Statement-II explains Statement-I
      • Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-I
      • Statement-I is correct, but Statement-II is incorrect
      • Statement-I is incorrect, but Statement-II is correct

    • Question 10: Consider the following statements in respect of Orbital Data Centres: I. They consist of satellite networks equipped with computing hardware to process data directly in space. II. They utilise edge computing to send actionable insights to Earth instead of massive raw data files. III. In the correct orbit, these centres can utilise effectively continuous solar power for electricity. IV. The Pathfinder mission is a satellite designed to demonstrate in-orbit AI data processing. How many of the statements given above are correct?

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