Quest Daily CA Quiz 13-05-2026
Test your knowledge with today's current affairs
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Question 1: Consider the following statements: I. The Bharat Forecasting System (BharatFS) utilises a Triangular Cubic Octahedral (TCo) grid to provide weather data. II. India is the only country in the world to provide operational weather forecasts at a 6-km granularity. III. The AI-based monsoon forecasting system is designed to provide hyper-local forecasts at the district level only. Which of the statements given above are not correct?
- I and II only
- III only
- I and III only
- II and III only
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Question 2: Consider the following statements: I. PM SHRI is a centrally sponsored scheme launched for the development of model schools under the National Education Policy 2020. II. Under this scheme, schools are selected through a ‘challenge mode’ based on their performance and existing infrastructure. Which of the statements given above is/are correct?
- I only
- II only
- Both I and II
- Neither I nor II
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Question 3: In the context of the Indian economy and the gold sector, which of the following can lead to a widening of the Current Account Deficit (CAD)? I. A sharp rise in global gold prices. II. Inversion of tariffs where finished bullion is taxed lower than gold doré. III. Heavy reliance on gold imports with negligible export offsets. IV. Increase in domestic value addition through international refinery accreditation. V. Geopolitical instability in the West Asia region affecting the Rupee. Select the correct answer using the code given below:
- I, II, III and V only
- I, III, IV and V only
- II, III and IV only
- I, II, III, IV and V
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Question 4: In the context of the "New Geopolitics of Food report," consider the following: I. Use of food as a tool of coercion in military conflicts. II. Shift in unilateral trade tariff policies by major economies. III. Increasing budgetary and legitimacy crises in multilateral institutions. IV. Adoption of strategic public food stockholding programs. V. Implementation of production quotas to manage commodity supply. How many of the following factors are currently reshaping global food systems?
- Only two
- Only three
- Only four
- All the five
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Question 5: The National Jute Board (NJB) is the apex body for the development of the jute sector in India. In this context, consider the following statements: I. It is a statutory body under the Ministry of Textiles. II. It provides financial assistance for the modernisation of jute mills and processing units. III. It extends scholastic incentives to the children of workers employed in the jute sector. How many of the statements given above are correct?
- Only one
- Only two
- All the three
- None
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Question 6: Consider the following statements regarding the Global Forest Goals Report 2026: I. The report is prepared by the UN Department of Economic and Social Affairs (UNDESA). II. Agricultural expansion remains the largest global driver of deforestation. III. South America recorded the largest decline in primary forests between 2015 and 2025. IV. Africa recorded the highest restoration performance among all continents by 2025. V. Growing demand for fuelwood and charcoal has emerged as a major cause of forest degradation. How many of the statements given above are correct?
- Only one
- Only two
- Only four
- All the five
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Question 7: Which one of the following best describes the “Country Strategic Opportunities Programme (COSOP)” recently in the news?
- A global initiative to provide emergency food aid to urban populations during climate disasters
- A strategic framework defining a long-term partnership between a host country and IFAD for rural development
- A mandatory financial audit system for evaluating the environmental impact of industrial projects
- A bilateral treaty between India and African nations focused exclusively on the export of digital hardware
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Question 8: The 300th anniversary of the martyrdom of Banda Singh Bahadur was observed recently. Which one of the following statements correctly represents his administrative and military contributions?
- He established the first sovereign Sikh state with its capital at Amritsar.
- He abolished the Zamindari system and granted property rights to the tillers.
- He introduced the Mughal administrative system to govern the Punjab region.
- He signed a peace treaty with Emperor Farrukhsiyar to end the succession wars.
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Question 9: Moody’s recently downgraded India’s GDP growth forecast for 2026. Which of the following factors were cited as primary reasons for this revision? I. Spikes in global crude oil prices. II. Disruptions in fuel and fertilizer supplies. III. Increasing momentum in Gross Fixed Capital Formation. IV. Supply chain disruptions in maritime trade routes. Select the correct answer using the code given below:
- I and II only
- I, II and IV only
- III and IV only
- I, II, III and IV