Quest Daily CA Quiz 13-10-2025

Quest Daily CA Quiz 13-10-2025

Test your knowledge with today's current affairs

  1. Question 1: Consider the following statements regarding Andaman and Nicobar islands: I. The two groups of islands are separated by the Ten Degree Channel. II. All the islands of Andaman and Nicobar are volcanic in origin. III. Barren Island, the only active volcano in India, is situated in the Nicobar Islands. IV. The last time the Barren Island volcano erupted was in 1991 and it has remained inactive since then. V. The highest peak of the Andaman and Nicobar Islands is the Saddle Peak. Which of the statements given above is/are incorrect?

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

  2. Question 2: One molecule known to influence both immunity and DNA repair is Cyclic GMP-AMP synthase (cGAS). Regarding cGAS, which of the following statements is incorrect?

    • cGAS detects foreign DNA, such as viral DNA, and triggers immune responses.
    • cGAS enhances the homologous recombination DNA repair pathway, promoting genomic stability.
    • Human cGAS can make cells more prone to ageing and cancer by suppressing DNA repair.
    • cGAS functions in both humans and mice as a cytosolic DNA sensor.

  3. Question 3: Consider the following statements regarding "India's 4G stack" ? I. Indian state-run telco Bharat Sanchar Nigam Limited (BSNL), Tata Consultancy Services (TCS), the Center for Development of Telematics (C-DOT), and Tejas Networks have unveiled what it claims to be India’s first indigenously developed 4G technology stack. II. India has become the fourth country to develop a full indigenous telecom stack, aligning with government ambitions for digital sovereignty. Which of the statements given above is/are correct?

    • I only
    • II only
    • Both I and II
    • Neither I nor II

  4. Question 4: With respect to the Right to Information (Amendment) Act, 2019, consider the following statements: I. This amendment changed the tenure of the Chief Information Commissioner (CIC) and Information Commissioners (ICs) to a 3-year term set by the central government, replacing the previous 4-year term. II. It also allowed the central government to determine their salaries and removed pension deductions for prior government service upon their appointment. III. 'Raj Narayan v/s Uttar Pradesh Government': Supreme Court established the Right to information as a fundamental right under the Article 21 of Indian Constitution. Select the correct answer using the code given below.

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

  5. Question 5: Consider the following statements: Statement I: Retail investors face high risks in F&O trading due to lack of strategy and awareness. Statement II: Excessive trading to recover losses increases risk exposure. Statement III: Lack of understanding of option time decay (Theta) and implied volatility (Vega) can lead to losses even if the market moves as expected. Which one of the following is correct in respect of the above statements?

    • Both Statement II and Statement III are correct and both of them explain Statement I
    • Both Statement II and Statement III are correct but only one of them explains Statement I
    • Only one of the Statements II and III is correct and that explains Statement I
    • Neither Statement II nor Statement III is correct