Quest Daily CA Quiz 17-04-2026

Quest Daily CA Quiz 17-04-2026

Test your knowledge with today's current affairs

  1. Question 1: With reference to the Special Economic Zones (SEZs) in India, consider the following statements: I. Asia’s first Export Processing Zone (EPZ) was established in Gujarat, before the introduction of the SEZ Policy in 2000. II. SEZ units are granted a permanent 100 per cent income tax exemption on export income for the entire duration of their operations. III. Under the 2025 regulatory amendments, the minimum land requirement for SEZs dedicated to semiconductor manufacturing has been reduced to 10 hectares. IV. Goods supplied from the Domestic Tariff Area (DTA) to SEZ units are subject to standard Goods and Services Tax (GST) rates. Which of the statements given above are correct?

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

  2. Question 2: With reference to the AI Governance and Economic Group (AIGEG) recently constituted by the Government of India, consider the following statements: I. The AIGEG is chaired by the Secretary of the Ministry of Electronics and Information Technology (MeitY), while the Minister of State serves as the Vice Chairperson. II. The primary objective of the group is to align AI deployment with labour market realities and social stability. III. The Terms of Reference for the AIGEG include the authority to classify AI use cases into "deploy," "pilot," and "defer" based on labour adjustment capacity and legal frameworks. Which of the statements given above are correct?

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

  3. Question 3: Consider the following statements: Statement I: The Supreme Court of India utilises the Essential Religious Practice (ERP) doctrine to distinguish between inherently sacred rituals and secular activities like temple administration. Statement II: Under the ERP doctrine, a practice is afforded constitutional protection only if its absence would fundamentally alter the core identity of the religion itself. Statement III: The 2018 Sabarimala verdict held that the exclusion of women of menstruating age was an "essential religious practice" integral to the identity of Ayyappa devotees. 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 I and Statement II are correct and Statement I explains Statement II
    • Only one of the Statements II and III is correct and that explains Statement I
    • Neither Statement II nor Statement III is correct

  4. Question 4: Consider the following statements: Statement I: The proposed increase in the Lok Sabha's size from 550 to 850 seats is designed to ensure that the current relative proportion of seats held by each State remains unchanged. Statement II: The Delimitation Bill seeks to use the 2011 Census as the uniform basis for both the allocation of seats among States and the division of territorial constituencies within those States. 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 not correct
    • Statement I is not correct but Statement II is correct

  5. Question 5: With reference to the Supreme Court's (SC) observations in 2025 regarding the delimitation of constituencies, consider the following statements: I. The Supreme Court held that Articles 82 and 170 prohibit seat readjustment until the first census data after 2026 is published. II. According to the Supreme Court, Pre-2026 delimitation for specific states violates the Article 14 principle of equality. How many of the statements given above are correct?

    • I Only
    • II Only
    • Both I and II
    • None

  6. Question 6: The Constitution (131st Amendment) Bill and the new Delimitation Bill seek to bypass the requirement that women’s reservation be implemented only after the first Census following the 2023 Act. This could mean which one of the following?

    • The Delimitation Commission is now constitutionally mandated to ignore the "one person, one vote, one value" principle under Article
    • Women's reservation can be operationalised as early as 2029 by utilising the 2011 Census figures for the readjustment of seats.
    • The 1971 Census will automatically become the permanent basis for all future seat allocations to prevent political fragmentation.
    • The Union Government can increase the size of the Lok Sabha to 850 seats without the need for any further Constitutional amendments to Article 82.

  7. Question 7: With reference to the CAFE-III (Carbon Average Fuel Efficiency) norms 2027, which of the following statements are correct? I. They use a "compliance curve" where emission targets for a vehicle are determined based on its weight. II. It utilises a flatter compliance curve over five years rather than steep annual tightening. III. The "super credit" scheme allows one EV sale to count as multiple units toward fleet emission targets. IV. The Bureau of Energy Efficiency (BEE) is the primary agency responsible for floating these carbon emission norms. Select the correct answer using the code given below:

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

  8. Question 8: Consider the following statements: I. Financial Intelligence Unit-India (FIU-IND) is the national agency for analysing suspicious financial transactions and coordinating anti-money laundering (AML) efforts. II. Pension Fund Regulatory and Development Authority (PFRDA) is a statutory body that regulates the pension sector and intermediaries Which of the statements given above is/are correct?

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

  9. Question 9: Consider the following statements regarding the the UN Convention on the Law of the Sea (UNCLOS): I. Under UNCLOS, the "Right of Transit Passage" applies to more than 100 straits worldwide to facilitate global trade. II. "Innocent Passage" remains valid even if a vessel engages in fishing, provided it does not enter the 12-nautical-mile territorial limit. III. Both the United States and Iran are signatories to and have ratified the UNCLOS treaty. IV. The International Tribunal for the Law of the Sea (ITLOS) can issue legal rulings but lacks a formal mechanism for direct enforcement. How many of the statements given above are correct?

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

  10. Question 10: Which of the following statements are correct regarding the 'State of India’s Bats, 2024-25' report? I. Their highest species diversity is found in Uttarakhand and Sikkim. II. Bats face threats from urbanisation, renewable energy infrastructure, and persecution-fuelled hunting. III. The majority of the species are categorised as "Endangered" or "Critically Endangered" by the IUCN. Select the correct answer using the codes given below:

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