Quest Daily CA Quiz 23-06-2026

Quest Daily CA Quiz 23-06-2026

Test your knowledge with today's current affairs

  1. Question 1: Which of the following shows the correct increasing order of weights of the given five components in the Index of Eight Core Industries?

    • Refinery Products < Electricity < Steel < Coal < Crude Oil
    • Crude Oil < Coal < Steel < Electricity < Refinery Products
    • Coal < Crude Oil < Steel < Electricity < Refinery Products
    • Crude Oil < Steel < Coal < Electricity < Refinery Products

  2. Question 2: Which of the following is the largest site of the Indus Valley civilisation?

    • Harappa
    • Mohenjodaro
    • Rakhigarhi
    • Dholavira

  3. Question 3: Which of the following agencies has access to the National Intelligence Grid 1. Central Board of Direct Taxes 2. Central Board of Indirect Taxes and Customs 3. Enforcement Directorate 4. Central Vigilance Commission 5. Financial Intelligence Unit Select the correct answer by using the codes given below

    • 1,2,3 and 5
    • 2,3 and 4
    • 1,3 and 4
    • 1,2,3 and 4

  4. Question 4: Consider the following transactions in the context of India’s foreign investment framework: 1. A foreign company acquires more than 10% or more equity in an Indian enterprise. 2. A foreign institutional investor purchases short-term debt securities in India. 3. A non-resident individual establishes a wholly-owned manufacturing subsidiary in India. 4. A foreign venture capital fund invests in listed equity shares of an Indian company through the stock exchange. How many of the above transactions are treated as Foreign Direct Investment (FDI) under Indian regulations?

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

  5. Question 5: Consider the following statements about the break in the Indian Monsoon: Statement I: The rains fail if the rain-bearing storms are not very frequent along the Monsoon trough in northern India. Statement-II: The break in the monsoon is mainly caused by the wind blowing along the coast in parallel directions. 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

  6. Question 6: A government panel reviews environmental issues in the Western Ghats. 1. It recommends declaring about 37% of the Ghats as an Ecologically Sensitive Area (ESA). It calls for a ban on mining, quarrying, sand mining, and thermal power plants in this area. 2. Hydropower projects are allowed only after detailed EIAs. 3. Highly polluting Red-category industries are prohibited. 4. The panel also suggests excluding inhabited and agricultural areas, promoting eco-tourism, supporting farmers. Which committee’s recommendations does this case represent?

    • Gadgil Committee
    • Kasturirangan Committee
    • T.S.R. Subramanian Committee
    • B.N. Srikrishna Committee

  7. Question 7: With reference to anti-defection provisions after the 91st Amendment, consider: I. One-third of the members defecting is treated as a valid split. II. Two-thirds of the members can merge with another party without disqualification. III. Independent members are exempted from disqualification if they join a party later. Which of the statements given above is/are correct?

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

  8. Question 8: With reference to the relationship between Liberty and Equality, consider the following statements: 1. Without equality, liberty would produce the supremacy of the few over the many. 2. Equality, without liberty, would inhibit individual initiatives. Which of the statements given above is/are correct?

    • 1 only
    • 2 only
    • Both 1and 2
    • Neither 1nor 2

  9. Question 9: Consider the following statements: I. Under the BHASHINI Rajyam initiative, multilingual access to digital platforms is proposed through AI-enabled language technologies. II. The collaboration seeks to encourage startups and innovators to build language-based AI applications suited to regional requirements. The above statements have been associated with which of the following? 1. Establishment of a uniform language for digital governance across India. 2. Replacement of human translation systems in public administration. Select the answer using the code given below:

    • 1 only
    • 2 only
    • Both 1 and 2
    • Neither 1 nor 2

  10. Question 10: Consider the following statements regarding DISHA 2.0: I. The scheme introduces VIDHI-Sanjeevani, a centralised digital platform featuring an integrated dashboard and an AI-powered multilingual Nyaya Setu Chatbot. II. Under the Tele-Law component, free pre-litigation legal advice is proposed through a network of Common Service Centres, with further strengthening through AI integration and multilingual access. III. The Nyaya Bandhu programme seeks to expand pro-bono legal services through the engagement of advocates, law students and digital outreach initiatives. Which of the following inferences can be drawn from the above statements? 1. Statement I indicates an effort to improve coordination and evidence-based monitoring of justice-delivery initiatives. 2. Statement II suggests an attempt to reduce geographical and informational barriers in accessing legal assistance. 3. Statement III suggests that access to justice is envisioned as a responsibility shared by both formal institutions and voluntary professional participation. Select the correct answer using the code given below:

    • 1 and 2 only
    • 2 and 3 only
    • 1 and 3 only
    • 1,2 and 3