Quest Daily CA Quiz 18-04-2026

Quest Daily CA Quiz 18-04-2026

Test your knowledge with today's current affairs

  1. Question 1: With reference to the Current Account Deficit (CAD), consider the following statements: I. It is a measurement of a country’s trade where the value of the goods and services it imports exceeds the value of the products it exports. II. An increase in remittances from the Indian diaspora abroad helps in narrowing the Current Account Deficit. III. It includes the "Balance of Invisible" which comprises of receipts and payments from services, transfers, and income. How many of the statements given above are correct?

    • Only one
    • Only two
    • All three
    • None

  2. Question 2: Regarding the species Cyrtodactylus jayadityai, consider the following statements: I. It is a newly discovered species of bent-toed gecko from Tripura. II. It is a diurnal reptile. III. It inhabits lowland forest patches. Which of the statements given above are not correct?

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

  3. Question 3: With reference to the amendment of the Constitution of India, consider the following statements: I. Under Article 368, a Bill to amend the Constitution can be initiated in either House of Parliament or in the State Legislatures. II. A "Special Majority" for a Constitutional Amendment Bill requires the support of a majority of the total membership of each House and a majority of not less than two-thirds of the members present and voting. III. In the case of a disagreement between the two Houses regarding a Constitutional Amendment Bill, the President must summon a joint sitting to resolve the deadlock How many of the above statements are correct?

    • Only one
    • Only two
    • All three
    • None

  4. Question 4: Consider the following statements: Statement I: India’s global economic ranking has slipped to the 6th position in 2026, falling behind both the United Kingdom and Japan. Statement II: When calculating global GDP rankings in US dollar terms, the IMF accounts for both a nation's GDP in local currency and the prevailing exchange rate against the US dollar. Statement III: The revision of India's GDP base year and the depreciation of the Rupee against the Dollar have contributed to the expansion of the GDP gap between India and other top economies. 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

  5. Question 5: With reference to the Deputy Chairman of the Rajya Sabha, consider the following statements: I. He/she is elected by the Rajya Sabha from amongst its members. II. The date of the election for him/her is fixed by the President of India. III. Unlike the Chairman, he/she is not subordinate to the Chairman but is directly responsible to the Rajya Sabha. Which of the statements given above is/are correct?

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

  6. Question 6: Which one of the following statements best reflects the idea behind the Black Hole Mass – Stellar Velocity Dispersion relation, recently discussed in the context of astrophysical research in India?

    • It is a method used to calculate the speed of gravitational waves emitted during the collision of two primordial black holes.
    • It is a scaling law that connects the mass of a central black hole to the statistical spread of velocities of stars within its host galaxy.
    • It is a mathematical formula used to determine the exact age of a dwarf galaxy based on the amount of dark matter it contains.
    • It is a protocol for identifying the chemical composition of stars that are being "tidally stripped" by the Milky Way’s gravity.

  7. Question 7: Consider the following statements: Statement-I: India and Austria have recently expanded their bilateral cooperation in sectors such as semiconductors, quantum technology, and biotechnology Statement-II: The 'India-European Union Free Trade Agreement of 2026' has facilitated a new era of economic engagement between India and Austria. Which one of the following is correct in respect of the above statements?

    • Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-I
    • Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-I
    • Statement-I is correct but Statement-II is incorrect
    • Statement-I is incorrect but Statement-II is correct

  8. Question 8: Tiran Island is located in:

    • Red sea
    • Caspian Sea
    • Black sea
    • South China Sea

  9. Question 9: With reference to the “River Basin Management (RBM) Scheme”, consider the following statements: I. The RBM is a Central Sector Scheme under the Ministry of Jal Shakti. II. It is implemented through the Brahmaputra Board, the Central Water Commission (CWC), and the National Water Development Agency (NWDA). III. The scheme focuses exclusively on the peninsular river basins of Southern India to address inter-state water disputes. IV. It has been approved for continuation during the 16th Finance Commission period with a fully funded estimated outlay. Which of the statements given above are correct?

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

  10. Question 10: Consider the following statements: I. The presence of high concentrations of Withaferin-A in the leaves is a primary scientific concern regarding potential liver damage and neurotoxicity. II. Current regulations mandate that food business operators must explicitly declare the specific plant parts used on their product labels. III. The Ministry of Ayush has recommended the use of Ashwagandha roots while flagging safety issues associated with leaf extracts. Which of the statements given above are correct?

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