Quest Daily CA Quiz 24-10-2025

Quest Daily CA Quiz 24-10-2025

Test your knowledge with today's current affairs

  1. Question 1: Consider the following statements regarding " National Blockchain Framework" ? I. National Blockchain Framework was launched in 2024 with a ₹64.76 crore budget. II. National Blockchain Framework core components include Vishvasya Blockchain Stack, NBFLite, Praamaanik, and the National Blockchain Portal. Which of the statements given above is/are incorrect?

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

  2. Question 2: With respect to the Nag Anti-Tank Missile System (NAMIS), consider the following statements: I. NAMIS is a tracked version of the Nag Anti-Tank Guided Missile (ATGM) mounted on a BMP-2 chassis. II. NAMIS is Third-generation ‘fire-and-forget’ missile that locks onto targets using an Imaging Infrared (IIR) Seeker before launch. III. Range: 500 meters to 25 km. Select the correct answer using the code given below.

    • I and II only
    • II and III only
    • I, II and III only
    • None of the above statements is correct

  3. Question 3: Consider the following statements regarding the Goods and Services Tax (GST) rationalisation measures, 2025: I. The number of GST slabs has been reduced to two- 5% and 18%. II. The 12% and 28% slabs have been abolished. III. Essential goods such as food items and fertilisers have been moved to the 5% or nil category. IV. Luxury goods will now attract a 40% GST plus cess. Which of the statements given above is/are correct?

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

  4. Question 4: Which of the following are classified as the Centralised Payment Systems (CPS)? I. Real Time Gross Settlement (RTGS) II. Immediate Payment Service (IMPS) III. National Electronic Fund Transfer (NEFT) IV. Cheque Truncation System (CTS) Select the correct answer using the code given below.

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

  5. Question 5: The ‘#23for23’ initiative, recently seen in the news, is an awareness campaign that:

    • Promoting physical activities undertaken for 23 minutes in a bid to raise awareness for conservation of snow leopards.
    • Aims to identify 23 critical snow leopard habitats for long-term ecological monitoring in the Himalayas.
    • Encourages 23 Himalayan states and UTs to adopt snow leopard-friendly tourism practices.
    • Seeks to restore 23 degraded alpine meadows under the National Mission on Himalayan Ecosystem.