Quest Daily CA Quiz 17-10-2025

Quest Daily CA Quiz 17-10-2025

Test your knowledge with today's current affairs

  1. Question 1: With respect to South-west Monsoon, consider the following statements: I. The differential heating and cooling of land and water influences the onset of the Southwest Monsoon in India. II. The retreating monsoon occurs when the ITCZ shifts northward, leading to the withdrawal of southwest monsoon winds. III. Tamil Nadu receives significant rainfall during the retreating monsoon due to cyclonic activity in the Bay of Bengal. Select the correct answer using the code given below.

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

  2. Question 2: Consider the following statements regarding Foreign Contribution (Regulation) Amendment Act, (FCRA) 2020: I. Administrative expense limits were reduced from 50% to 25%. II. The government can inquire before renewing certificates, checking for fictitious entities or misuse of funds. III. Office bearers must provide an Aadhaar or passport/OCI card for registration. Select the correct answer using the code given below.

    • I and II only
    • II and III only
    • I, II and III only
    • None of the above statements is correct

  3. Question 3: Regarding “Archaeological Survey of India (ASI)” find the incorrect statement:

    • It was founded in 1861 by Alexander Cunningham.
    • Alexander Rea, A. H. Longhurst, Robert Sewell, James Burgess and Walter Elliot were acted as Director General of ASI.
    • The provisions of the Ancient Monuments and Archaeological Sites and Remains Act, 1958, guide ASI.
    • It is an attached office under Ministry of Culture.

  4. Question 4: MERCOSUR is a trading bloc in Latin America, comprising of? I. Brazil II. Argentina III. Uruguay IV. Peru V. Paraguay How many of the above countries are part of " MERCOSUR"?

    • Only two
    • Only three
    • Only four
    • All the above

  5. Question 5: Consider the following statements: I. Central Bank Digital Currencies (CBDCs) are digital versions of a country’s fiat currency, issued and regulated by the central bank. II. Stablecoins are a type of cryptocurrency whose value is pegged to another asset, such as a fiat currency or gold, to maintain a stable price. Which of the statements given above is/are incorrect?

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