Quest Daily CA Quiz 17-12-2025

Quest Daily CA Quiz 17-12-2025

Test your knowledge with today's current affairs

  1. Question 1: With respect to Nitrofurans, consider the following statements: I. Nitrofurans are a group of synthetic nitrofuran-based antimicrobial agents. II. They were earlier widely used in poultry, pigs, shrimp, and other food-producing animals due to their low cost and high efficacy. III. Owing to their carcinogenic and mutagenic potential, their use is banned in food-producing animals in India, the European Union, and several other countries. Which of the statements given above are correct?

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

  2. Question 2: Consider the following statements: Statement I: India will host the 2nd WHO Global Summit on Traditional Medicine in Gandhi nagar, Gujarat. Statement II: The theme of the summit is “Restoring Balance for People and Planet: The Science and Practice of Well-Being.” 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

  3. Question 3: Rare Earth Magnets are primarily made of which of the following elements? I. Neodymium (Nd) II. Samarium (Sm) III. Lithium (Li) IV. Dysprosium (Dy) V. Praseodymium (Pr) VI. Cerium (Ce) How many of the statements given above is/are correct?

    • Only three
    • Only four
    • Only five
    • All the above

  4. Question 4: Regarding Insurance Sector Liberalisation in India, consider the following statements: I. Before the 1990s, the insurance sector was a complete state monopoly. II. The Malhotra Committee (1994) recommended opening the insurance sector to private players, including foreign participation. III. The sector was initially opened to private players with an FDI cap of 26%, which has since been raised to 100%, allowing foreign investors to hold majority ownership and control management. How many of the statements given above is/are correct?

    • Only one
    • Only two
    • All three
    • None

  5. Question 5: With reference to the Green Box subsidies under the WTO Agreement on Agriculture, consider the following statements: I. They are permitted subsidies that do not distort trade. II. They include expenditure on research, pest control, infrastructure and public stockholding for food security. Which of the statements given above is/are incorrect?

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