Quest Daily CA Quiz 24-04-2026

Quest Daily CA Quiz 24-04-2026

Test your knowledge with today's current affairs

  1. Question 1: Consider the following statements regarding the NAMASTE Scheme: I. It is a joint initiative of the Ministry of Social Justice and Empowerment and the Ministry of Health and Family Welfare. II. The scheme aims to achieve zero fatalities in sanitation work and ensure that no workers come into direct contact with human faecal matter. III. The National Safai Karamchari Financial Development Corporation (NSKFDC) is the designated implementing agency. IV. Under the scheme, identified Sewer and Septic tank sanitation workers (SSWs) are provided insurance benefits through the Ayushyaman Bharat-PMJAY. How many of the statements given above are correct?

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

  2. Question 2: With reference to the Indian Insurance Sector, consider the following statements: I. India is the world's 10th largest insurance market, with Life Insurance (not health) anchoring 91% of the sector's Assets Under Management. II. The 2025 Act raised the FDI limit to 100% and lowered the Net Owned Fund requirement for foreign reinsurers to ₹1,000 crore. III. Recent IRDAI reforms reduced the claim moratorium period from 8 years to 5 years (60 months) to enhance policyholder protection. IV. The Government has granted GST exemption on all individual life and health insurance policies. How many of the statements given above are correct?

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

  3. Question 3: India-Africa relations have expanded significantly across multiple sectors in recent years. Which one of the following is NOT a core area of convergence or a specific initiative mentioned in their bilateral partnership?

    • Establishing institutional links through premier educational campuses like IIT Madras in Zanzibar.
    • Integration of African nations into a common military alliance led by India to replace regional security blocs.
    • Promotion of Digital Public Infrastructure (DPI) through the adoption of UPI in countries like Namibia.
    • Aligning global advocacy efforts for the representation of the Global South and UN reforms.

  4. Question 4: Recently, the India–Nordic Summit, focusing on cooperation in areas such as green energy, digital innovation, and mobility frameworks, is scheduled to be hosted by which of the following countries?

    • Denmark
    • Finland
    • Norway
    • Sweden

  5. Question 5: With reference to the Model Code of Conduct (MCC) in India, consider the following statements: I. The MCC mandates that political parties must notify local police authorities in advance about the venue and schedule of their meetings. II. Under the MCC guidelines, the Union Ministry of Law and Justice is the final authority for appointing Observers to whom candidates can report complaints on polling day. III. The Supreme Court in the Subramaniam Balaji case directed the Election Commission to include specific guidelines regarding election manifestos within the MCC. IV. The MCC prohibits the serving of liquor and the display of any propaganda material at polling booths on election day. How many of the statements given above are correct?

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

  6. Question 6: The 73rd Constitutional Amendment Act, 1992, was enacted to achieve which of the following objectives in the Indian polity? I. Empowerment of rural communities through inclusive participation. II. Direct involvement of the Union Government in village-level administration. III. Strengthening grassroots democracy via democratic decentralisation. IV. Ensuring equitable financial devolution through State Finance Commissions. Select the correct answer using the code given below:

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

  7. Question 7: 7. Consider the following statements: Statement I: Direct blending of ethanol into Aviation Turbine Fuel (ATF) is prohibited in commercial aviation. Statement II: To be used as SAF, ethanol must undergo a chemical transformation into "synthesised hydrocarbons" through dehydration. 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 incorrect
    • Statement I is incorrect but Statement II is correct

  8. Question 8: Consider the following countries: I. Indonesia II. Thailand III. Malaysia IV. Singapore V. Vietnam How many of the above countries border the Strait of Malacca?

    • Only two
    • Only three
    • Only four
    • All five

  9. Question 9: Consider the following statements: Statement I: India’s textile export basket underwent broad-based geographical expansion, recording growth in over 120 destinations. Statement II: Ready-Made Garments (RMG) remained the largest contributor to the export sector, while the highest growth rate among major value-added categories was recorded in the handicrafts segment. Statement III: The Government has discontinued the RoSCTL and RoDTEP schemes as of 2026. 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

  10. Question 10: With reference to the Promotion and Regulation of Online Gaming (PROG) Rules, 2026, consider the following statements: I. The Online Gaming Authority of India is an attached office of MeitY. II. A game is classified as a prohibited "online money game" based on stakes, monetary winnings, and the ability to monetise in-game assets externally. III. Registration under the Rules is mandatory for every online social game offered in India. IV. The Rules establish a two-tier appeal process for users. V. Under the PROG Act, prohibited "online money games" are strictly ineligible for recognition as e-sports. How many of the statements given above are correct?

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