Consider the following situations: 1. A power grid receives excess solar power during the afternoon. 2. Electricity demand rises sharply after sunset. 3. Wind generation fluctuates significantly over several hours to days. Which of the above situations best justify the deployment of Long-Duration Energy Storage?

'X' is correct because APAAR is mandatory under the National Education Policy (NEP), 2020.

'Y' is not correct because every student must possess a digital identity to secure admission.

The views of both 'X' and 'Y' are correct.

The view of only 'Y' is correct.

Consider the following situations: 1. A power grid receives excess solar power during the afternoon. 2. Electricity demand rises sharply after sunset. 3. Wind generation fluctuates significantly over several hours to days. Which of the above situations best justify the deployment of Long-Duration Energy Storage?

Pumped storage increases the total amount of electricity produced by hydropower.

Pumped storage primarily functions as a large-scale energy storage system.

Pumped storage eliminates the need for grid balancing.

Pumped storage can operate only with renewable energy sources.

With reference to the WTO Agreement on Fisheries Subsidies, consider the following statements: 1. It prohibits subsidies that support illegal, unreported and unregulated (IUU) fishing. 2. It applies to subsidies related to marine wild capture fishing and fishing-related activities at sea. 3. It regulates subsidies provided for inland aquaculture and freshwater fisheries. Which one of the following conclusions based on the above statements is correct?

All the three statements are correct.

There are two correct statements, that include statement 2.

There is only one correct statement.

With reference to the Reserve Bank of India's foreign currency swap facility announced in 2026, consider the following statements: Statement I: The swap facility is available only for foreign portfolio investments in Indian equity markets. Statement-II: It covers fresh Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits, External Commercial Borrowings (ECBs) and Overseas Foreign Currency Borrowings (OFCBs). Which one of the following is correct with respect to 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, but 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

With reference to the Unified Payments Interface (UPI), consider the following statements: 1. UPI enables both Person-to-Person (P2P) and Person-to-Merchant (P2M) transactions. 2. It is developed and operated by the National Payments Corporation of India, a wing of the RBI.. 3. It facilitates instant fund transfers using interoperable payment systems. 4. UPI cannot be used for cross-border digital payments. Which one of the following conclusions based on the above statements is correct?

There are four correct statements.

There is only one correct statement, that is statement 2.

There are two correct statements, that include statement 1.

'X' was explaining the e-Shram Portal. 'X' stated that registration on the portal is limited to organised sector employees. 'Y' argued that the portal has been created specifically to register unorganised workers, including gig workers, platform workers and migrant workers, and to facilitate access to multiple social security schemes. 'X' was not convinced. Based on the above, select the correct conclusion from the options given below:

The view of only 'X' is correct.

The view of only 'Y' is correct.

The views of both 'X' and 'Y' are correct.

Neither 'X' nor 'Y' is correct.

Consider the following statements regarding Urban Heat Island Effect: Statement I: Urban Heat Island (UHI) effect is generally more pronounced during the night than during the day. Statement II: Built-up surfaces such as concrete and asphalt absorb heat during the day and gradually release it after sunset. Statement III: Reduced vegetation and evapotranspiration in urban areas contribute to higher near-surface temperatures. Which one of the following is correct with respect to 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 are correct

Quest Daily CA Quiz 21-07-2026

2026-07-21

Test your knowledge with todays current affairs

Question 1: Consider the following situations: 1. A power grid receives excess solar power during the afternoon. 2. Electricity demand rises sharply after sunset. 3. Wind generation fluctuates significantly over several hours to days. Which of the above situations best justify the deployment of Long-Duration Energy Storage?
- 1
- 1 and 2
- 2 and 3
- 1,2 and 3
Question 2: Consider the following situations: 1. A power grid receives excess solar power during the afternoon. 2. Electricity demand rises sharply after sunset. 3. Wind generation fluctuates significantly over several hours to days. Which of the above situations best justify the deployment of Long-Duration Energy Storage?
- 'X' is correct because APAAR is mandatory under the National Education Policy (NEP), 2020.
- 'Y' is not correct because every student must possess a digital identity to secure admission.
- The views of both 'X' and 'Y' are correct.
- The view of only 'Y' is correct.
Question 3: Consider the following situations: 1. A power grid receives excess solar power during the afternoon. 2. Electricity demand rises sharply after sunset. 3. Wind generation fluctuates significantly over several hours to days. Which of the above situations best justify the deployment of Long-Duration Energy Storage?
- Pumped storage increases the total amount of electricity produced by hydropower.
- Pumped storage primarily functions as a large-scale energy storage system.
- Pumped storage eliminates the need for grid balancing.
- Pumped storage can operate only with renewable energy sources.
Question 4: With reference to the WTO Agreement on Fisheries Subsidies, consider the following statements: 1. It prohibits subsidies that support illegal, unreported and unregulated (IUU) fishing. 2. It applies to subsidies related to marine wild capture fishing and fishing-related activities at sea. 3. It regulates subsidies provided for inland aquaculture and freshwater fisheries. Which one of the following conclusions based on the above statements is correct?
- All the three statements are correct.
- There are two correct statements, that include statement 2.
- There is only one correct statement.
- There is no correct statement.
Question 5: With reference to the Reserve Bank of India's foreign currency swap facility announced in 2026, consider the following statements: Statement I: The swap facility is available only for foreign portfolio investments in Indian equity markets. Statement-II: It covers fresh Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits, External Commercial Borrowings (ECBs) and Overseas Foreign Currency Borrowings (OFCBs). Which one of the following is correct with respect to 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, but 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
Question 6: With reference to the Unified Payments Interface (UPI), consider the following statements: 1. UPI enables both Person-to-Person (P2P) and Person-to-Merchant (P2M) transactions. 2. It is developed and operated by the National Payments Corporation of India, a wing of the RBI.. 3. It facilitates instant fund transfers using interoperable payment systems. 4. UPI cannot be used for cross-border digital payments. Which one of the following conclusions based on the above statements is correct?
- There are four correct statements.
- There is only one correct statement, that is statement 2.
- There are two correct statements, that include statement 1.
- There is no correct statement.
Question 7: With reference to the Mera Gaon Meri Dharohar (MGMD) initiative, consider the following statements: 1. It documents village-level cultural heritage across the country. 2. It functions as the dedicated portal for individual artist/artisan registration. 3. Village cultural profiles may include information on artists, artisans and cultural practitioners. Which of the statements given above is/are correct?
- 1 and 2 only
- 2 only
- 2 and 3 only
- 1,2 and 3
Question 8: 'X' was explaining the e-Shram Portal. 'X' stated that registration on the portal is limited to organised sector employees. 'Y' argued that the portal has been created specifically to register unorganised workers, including gig workers, platform workers and migrant workers, and to facilitate access to multiple social security schemes. 'X' was not convinced. Based on the above, select the correct conclusion from the options given below:
- The view of only 'X' is correct.
- The view of only 'Y' is correct.
- The views of both 'X' and 'Y' are correct.
- Neither 'X' nor 'Y' is correct.
Question 9: Consider the following statements regarding contemporary defence cooperation between countries: I. Bilateral defence cooperation may include exchange of defence advisers and institutional defence dialogues. II. Joint military exercises enhance interoperability and operational coordination between armed forces. III. Co-development and co-production of defence equipment can contribute to resilient defence supply chains. Which of the following inferences can be drawn from the above statements? 1. It requires a formal military alliance between participating countries. 2. Defence cooperation extends beyond conventional military operations. 3. Defence industrial collaboration can strengthen strategic autonomy. Select the answer using the code given below:
- 1 and 2
- 2 and 3
- 1and 3
- 1,2 and 3
Question 10: Consider the following statements regarding Urban Heat Island Effect: Statement I: Urban Heat Island (UHI) effect is generally more pronounced during the night than during the day. Statement II: Built-up surfaces such as concrete and asphalt absorb heat during the day and gradually release it after sunset. Statement III: Reduced vegetation and evapotranspiration in urban areas contribute to higher near-surface temperatures. Which one of the following is correct with respect to 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 are correct